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1241
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Bitcoin / Bitcoin Discussion / Re: Is bitcoin a "private" currency?
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on: July 05, 2018, 09:46:56 PM
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Bitcoin is not a private currency and bitcoin is not only limited to one country or being use by one country, bitcoin is a universal currency which is use all over the world so at that no single country own bitcoin and bitcoin is not own by an individual but bitcoin is a store of value which is use for online transactions and a great assets.
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1242
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Bitcoin / Bitcoin Discussion / Re: Cryptocurrency ATM installed in Zimbabwe
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on: July 05, 2018, 09:43:56 PM
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Wooh that is a great new and the right development in the right directions, this will give the people of Zimbabwe the easy access they need to carry out their cryptocurrencies transactions most especially bitcoin transactions. This is also going to increase the level of demand for bitcoin in the market which will have positive effects on the price of bitcoin.
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1243
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Bitcoin / Bitcoin Discussion / Re: Bitcoin mining is costly...
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on: July 05, 2018, 09:40:50 PM
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To run a well and effective bitcoin mining farm is very costly because the kind of equipment you use determine the amount of bitcoin that you can harsh within a given period and as you have said we need more advance equipment in other to cut the cost of mining bitcoin. Because at the present level bitcoin mining requires a lot of electricity supply and other mining material.
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1244
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Bitcoin / Bitcoin Discussion / Re: How do we change the public's view of Crypto world?
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on: July 04, 2018, 11:00:36 PM
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Guys we are very much aware how the crypto community through this great forum has helped most of us in terms of our finances but is so heartbreaking that the most of the public views only describes how insecure and unsafe the crypto community is. I do understand that cryptocurrencies are volatile and the issue of anonymity sometimes scares people away but y'all bear with me that if crypto is explained to you and you really understand it properly you would not make wrong mistakes and get swayed away by panic sales or submit your private key as ethereum wallet address. Is it a public campaign or some other form of tutorial that we should organize to help explain crypto to the world because believe it or not the blockchain technology of cryptocurrencies is being admired by most organizations and some of them have decided to run their operations with the use of blockchain technology. What can we do as a community to help change the public view of Crypto?
Well as a community there is little we can do to help rise the awareness of the public about bitcoin due to the fact that the medium that we will have use is own and controlled by the enemies of bitcoin them self's which are the government, the banking institution and big cooperations such as social media, but we can talk to people one on one if we have access to them and try let them know the freedom we enjoy in bitcoin. |
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1245
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Economy / Economics / Re: Is the government really scary?
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on: July 04, 2018, 10:55:56 PM
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The government and it financial institutions are afraid of bitcoin because they know that bitcoin has come to rescue the people from the normal traditional financial slavery that the government and banks have put the people over the years with they third party anti people policy and bitcoin offer the people full financial freedom that is what the government is against but to tell you the truth the government can never ban bitcoin.
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1246
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Economy / Speculation / Re: Is Bitcoin Dead?
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on: July 04, 2018, 10:51:50 PM
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Having full understanding of how the market works and how volatile the market is in my own opinion it is too early to make such horrible statement like bitcoin is dead, we should should at list appreciate the SCOP bitcoin has covered so far over the years and the challenges bitcoin is able to face and survive in the time past. Bitcoin is very much alive and it will recover soon.
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1247
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Bitcoin / Bitcoin Discussion / Re: Things you should know before investing in bitcoin
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on: July 04, 2018, 10:42:32 PM
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I think to add to what you have stated above is to be security conscious because in bitcoin investment the security of your found or investment depend heavily on your ability to meet up with the required security needed to protect your investment from intruders, and one of such ways is to keep you security key very safe and secured.
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1248
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Economy / Exchanges / Re: exchange problems
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on: July 01, 2018, 07:18:04 PM
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Well most of the exchange site bill us very high fees and that is one of the area which the crypto world need more work in other to make the ecosystem more friendly for easy trading and exchanging for personal use, I have discovered that most of the exchange have fixed exchange fees weather for small or big transactions which is not suppose to be so we need more advancement in that area.
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1249
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Bitcoin / Bitcoin Discussion / Re: Let's make more companies to accept bitcoin payment.
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on: June 30, 2018, 09:41:57 PM
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That is a nice move in the right direction asking companies to start using bitcoin as a payment method for the purchase of they goods and services will go a long way in improving and prompting bitcoin and fast transactions with less risk, accepting bitcoin by ant company will even put the company at an advantageous side. I will mail some couple of companies to do same soon
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1250
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Bitcoin / Bitcoin Discussion / Re: If you did not listen before, now is last chance to reduce your loss
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on: June 30, 2018, 09:37:43 PM
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I don't agree with you on this bitcoin is never and can not be a bubble if bitcoin was a bubble it should have burst by now, bitcoin fall in price is as a result of low demands and since bitcoin operate on the economic law of demands and supply it price is always affected by the force of demands. I understand those who invested in late last year when the price of bitcoin was high will be thinking they lose but my advice is to keep holding and with time they are going to profit huge.
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1251
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Bitcoin / Bitcoin Discussion / Re: If you did not listen before, now is last chance to reduce your loss
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on: June 30, 2018, 09:36:05 PM
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I don't agree with you on this bitcoin is never and can not be a bubble if bitcoin was a bubble it should have burst by now, bitcoin fall in price is as a result of low demands and since bitcoin operate on the economic law of demands and supply it price is always affected by the force of demands. I understand those who invested in late last year when the price of bitcoin was high will be thinking they lose but my advice is to keep holding and with time they are going to profit huge.
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1252
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Economy / Economics / Re: Bitcoin holders will have to pay their tax?
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on: June 29, 2018, 08:30:58 PM
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Bitcoin as a decentralized asset is very hard to be taxed due to that bitcoin holders will escape tax for a very long time if not for ever, taxing bitcoin is like taking it away from it original design which is decentralization that is be free from all forms of third party involvement and government taxing bitcoin is third party involvement so that can not happened.
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1253
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin is the new Bitcoin
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on: June 29, 2018, 08:27:43 PM
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Guys I think that Dogecoin really is the new Bitcoin.
Think about it.
- meme proof
- high supply
- low fees
- capable devs
- stability, no political power struggle
- huge fanbase, reallife usecase
- community
- big wow, very profit, much coin -> solid branding
So Dogecoin will become the biggest crypto within a year or so.
Otherwise Loomdart will refund.
Doge oin can never be the new bitcoin because dogecoin lack the capacity to handle the market and bitcoin as the mother coin can never be replaced by any other coin no matter the stability and flexibility of such coin bitcoin is still the leading figure in the crypto currency world and it market cap still remains the highest. |
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1254
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Bitcoin / Bitcoin Discussion / Re: What bitcoin brings to its users?
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on: June 29, 2018, 08:23:52 PM
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Well what ever have good side also have it bad side and bitcoin as a commodity and at the same time an assets also has it own bad side but bitcoin has come to offer us one primary thing which is the total freedom to our financial life, bitcoin is the real deal bitcoin give us the total separation from all forms of third party involvement and also financial freedom.
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1255
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Bitcoin / Bitcoin Discussion / Re: Legal guns to protect from government = bitcoin to protect from banks?
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on: June 29, 2018, 08:18:16 PM
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Bitcoin is not the 21century anti faint dose but a full revolution, bitcoin has come to offer it users the full financial freedom from the financial prison they are cage in by the traditional financial institutions and the third party mode of financial transactions, bitcoin is here to liberate the world from it financial slavery and that is a great move for all of us.
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1256
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Bitcoin / Bitcoin Discussion / Re: How safe is Bitcoin? ✅
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on: June 29, 2018, 08:08:08 PM
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Bitcoin is secure to the level the individual or user want it to because the bitcoin network is design to be user friendly and giving the total freedom to the user to always be in charge so at that the security of your bitcoin is left in your hand and how you are able to protect you log in details from intruders seeking to steal your bitcoin.
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1257
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Economy / Economics / Re: Is time too late
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on: June 28, 2018, 08:12:41 PM
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No is not too late to buy bitcoin noe because the ealiar the better the op offered 2btc for $32 back then at 2011 but today bitcoin is little above $6000 and $19000 late last year 2017 and this is an indication that in time to come we are going to have a market where the present market price will be considered as a cheap token compares to what the Price will be at that time.
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1258
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Economy / Speculation / Re: BIG HOPE FOR BITCOIN
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on: June 28, 2018, 08:03:35 PM
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You are right every investment has it ups and down and bitcoin is not an exception due to this it price is ban to rise and fall at some point, bitcoin has what we call chart correction and also it operate on the economic law of demands and supply once the demands changes the Price so will change. So at any point when the Price falls is an opportunity to buy more and hold for the sunny days.
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1259
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Bitcoin / Bitcoin Discussion / Re: Why are banks and governments scared of Bitcoin?
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on: June 28, 2018, 07:55:00 PM
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Both the bank and the government are scared of bitcoin because they believe that bitcoin will do what they not able to offer the people and that is total freedom on they money and financial dealing, bitcoin is a threat to the existence of bank because the blockchain as the digital bank can do twice what the bank can do so this are the reason the bank will never support bitcoin and the blockchain technology.
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1260
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Economy / Speculation / Re: the icos are the cause of the fall of bitcoin?
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on: June 28, 2018, 07:51:24 PM
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Well you are right those scam ICOs are the reason why the bitcoin market is going down because most of those ICOs a scam and means of stealing money from the people, instead of investing in any token that does not have any good potential the best to do is to keep you found because you will end up losing at the end and this are the reason why many investors are scared of investing in bitcoin today.
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