This goes to show that crypto isn't all bad news. Every country would love to boost employment rates so having a new fintech company start up and employ people will help to improve figures and reduce unemployment. Paying taxes is another question entirely
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If you think the price is low now, imagine how those people felt who sold their houses for bitcoin at Q3 and Q4 2017 when bitcoin prices were high sky high. Just have some patience and you will win with bitcoin, it always goes up eventually
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$20 dollars in bitcoin will only be useful in a country that has an exceptionally low cost of living. Otherwise, you need to invest it into a fast rising altcoin, one that rises faster than bitcoin. After it doubles, then switch to another altcoin, keep going until you get enough bitcoins to cash out.
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It is the only worthwhile investment as it shows that the long term trend is upwards. One day you can use bitcoin in a supermarket so it's not just a store of value, it will be usable too or at least trade-able to a currency that is shop friendly.
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Verge is a shady coin that is a huge risk to invest in. Only good for pump and dump if you know what is happening with verge. Transferring funds that they shouldn't, a 51% attack, i don't know why people are still investing when there are far better privacy coins to look at
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XSPEC gonna fork on 1st of may so expect a price rise in the following days (there was a 20% price jump in the last 3 days already)
This is one reason to invest. Just to get the free forked coins from WISP. I think xspec will pump in the next 2 weeks just like bitcoin did when bitcoincash was going to be made. Get some xspec now for these gains, not sure about long term though.
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YOBIT IS THE BEST EXCHANGE. I have about 100K + more USD in Yobit.
LOL - yobit Not that it is bad, just never seen anyone call it the best exchange! There is a large amount of low market cap coins which makes it a fun exchange to trade on. Easy to use, hopefully more users will go there.
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If they want to be a part of the new wave of financial technology then they'll have to educate their people or be left behind. Venezuela has already created their own national token, Brazil needs to step up and lead the way for South America, otherwise it will only be used by drug dealers and shady oil dealers.
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I think we have seen too many bull traps these past few months. This one is the real deal i.e. start of the next bull run as is typical of April and Q2. It should be an upwards ride from here on in. Last chance to join in the game for anyone lurking in the forums
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There are bitcoin scams everywhere which gives it a bad name, but when you look in the non-digital world you see builders tricking old people into unnecessary roof repairs, dentists giving extra fillings that aren't needed, those are cash scams and exist in higher abundance than bitcoin scams
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If bob marley was alive he would be supporting bitcoin, even writing reggae tunes about it. No more government control, banks investing out money into risky investments and asking tax payers to bail them out. Come on Jamaica, the home of Marley should be all about freedom
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Side chains are to improve DAPPs to compete with ethereum which is an over bloated platform that will get continually worse as the year progresses. Best to invest in LISK which will release a sidechain based platform later this year. It is written in javascript so it will be a popular platform with all javascript developers
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It depends on whether he Russians get involved or not. If it's a clean hit then it won't be a war, just the US bombing parts of Syria. However, if the Russians shoot the missile down or even the plane then all hell with break loose and bitcoin will spike up in price.
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The main problem is that there is no clear roadmap of what to do next. Is there going to be any commercial use for this coin? What is the point of all this privacy if no-one is going to use it. If the 'markets' use monero and don't bother with xspec then it is no better than dogecoin which people are actually using
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Everyone bought some coins at the ATH, or at least held coins and didn't sell at the top. Therefore, everyone has lost if they invested in late 2017. The only people that done well are those that are just starting their entry point now while the market is low. Lucky them!
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They tried to create a new exchange called bitindia but turned out to be a scam. They ran a voting contest and the top 3 would get listed for free, but after the voting was done they asked for 5 BTC to get listed - on a new exchange with no volume
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Bitcoin diamond is a waste of time and money, doesn't offer anything more than any other clone coin. Better to either stick with bitcoin or switch over to ethereum / NEO which has a better chance of survival in the increasingly tough marketplace
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After sending it to these exchanges they may wish to invest in altcoins in which case the crypto market will expand in certain areas. There is no indication that they will cash out from those exchanges. It would be easier if it was sent to coinbase to convert back into fiat.
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I think it should be made a choice as to what they prefer. Some would prefer to get the coin they are promoting while others prefer ethereum or bitcoin so they can immediately exchange it to cash or re-invest it. Also. it will avoid the millions of questions of when will it list on the exchanges
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If you don't have much that you can afford to lose then pick a safe investment. NEO is your best bet as it will bring short term and long term gains. As one of the main competitors to ethereum it is not going away so your investment is safe for however long as you hodl it
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