Bitcoin is completely unpredictable and we cannot agree or deny about the reality. Only time can give the right answer, but upon the speculations it is clear that growth will be the priority than the crash. The trust user holds will drive it towards new arena of cryptocurrency.
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Maybe in the past this might be the reality that bitcoin is easy money. I came to know through different sources that during the early days it was given as free giveaway. Maybe the same might have given users such an understanding, but it's not easy money. For what we do well get the earning.
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It is easy to find different news portals providing information regarding cryptocurrency searching through Google. Other than this Twitter and Facebook has got specific pages for the ICO programs. So, it has been made simple to reach out to the common people with ease than the past days when people feared of revealing news regarding cryptocurrency.
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Now $10 000 by the end of the year looks very realistic.
This time this will surely count forward making the price cross $8500 with the same level of growth. What's happening with bitcoin is really hard to predict. With the growth happening in large scale, even after corrections feel that $10000 is achievable and has got much support for the same.
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I love Bitcoins universality, and its anonymous characteristics, It also has a good liquidity which will always bring profit to traders. Bitcoin is now acceptable in many business as means of settlement and provide payment for services provided.
Each and every user might have got impressed about the price of bitcoin. Second only the liquidity as well the usage it has provided through different means. Important think is the holding of it within the wallet serving as an investment which we cannot find anywhere else.
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I'm not sure about the reality, but I too came across such information. Right now electricity is becoming a major threat for the growth of bitcoin, because the mining process is completely dependent on the electricity. If something goes wrong the entire system will collapse.
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Because people just don't understand what is it btc
Even when people understand about bitcoin, some of the features that bitcoin has got keeps the users to be in hesitation whether to use it or not. With gold such a thinking never exists because of the security it provides for the person who hold it for various purposes.
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sure the smaller the market, the easier.
Yes, compared to the market of bitcoin, what the altcoin has got is very small. So manipulation is simple as well some altcoins make use of those price pumping groups to make the altcoins reach the user network in a easier way thinking it as the real growth.
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For several reasons associated with bitcoin, it seems to be highly potential, because the growth keeps on continuing. With ethereum similar growth is not happening, just the stabilized growth taking place. Both has got the potential to pump high, but ethereum is very much uncertain than bitcoin and gold.
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Price drops happening with cryptocurrencies were quite a common factor. Everytime the price of bitcoin falls down as well increase without any prior indication. Now the ongoing price drop too is the same and this will be temporary for a short. Soon the growth begins providing a large scale growth.
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I am suprised I hope that we can use btc all around the world not just usa in my opinion in 3-4 for years later it happens.
Restaurants accepting bitcoin is quite low than other assets that has got the central control authority. This might count high and reach a separate place in the future as more and more people have the hope on bitcoin providing with the profit.
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Everywhere you can earn money, and you are able to pay no fees, there are bad people. I think this is a law of nature. But important is with all the bad stuff, here is growing a much bigger good thing.
Everywhere some people will be roaming around trying to benefit from some others earning. Such people never think of cheating or engage into crimes for earning. In the similar way bitcoin has got relation with criminal activities, but this has decreased a lot than the past.
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Explain, please, when and where is it better to invest bitcoins? I somehow tried a small amount, but it was not a success. Rather than investing its good to keep hold of the bitcoin in the wallet. Profiting is assured, as well the risk is low. Need to give importance for improving the security and it gives a feel of being in our hands. Investment is like placing it an a third party storage hoping for profit but nothing seems promised.
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The person who bought the pizza as well the delivery person could have never thought that this could grow to such an extent. Now if he had those in his wallet he would be a billionaire as well he could have got some control hands to manipulate the market.
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If confirmation of the transaction is not an issue, then can initiate the plans of generating QR code of the wallet and display it to the customers. They can just make transaction through the same. You can get it in the form of unconfirmed transactions letting you make use only after confirmation.
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At present the price is around $5500. If the same price decrease continues, automatically the value will go low as the stated less than $5500. Here most users have speculated that the price will grow soon, even if it goes much lower than $5500 based on the incoming users.
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Gambling is all about fun, to have such an experience it's always good to have limits and play wisely. This will help in the growth of the money that we tend to spend on gambling. Though gambling is completely upon luck, at some instances our predictions that we make based on skill too matches.
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Right now there is no specific crash for such a downfall in value. Still the bitcoin market is completely unpredictable and anything could happen in unexpected time period. Based on speculation from people around the forum $7000 seems achievable before the year end.
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Mining has got lot many requirements and different governments have provided with different stepped process to make it efficient. With buying and holding, all that required is the patience to hold. More the time iin the wallet more will be the profiting.
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I don't really see this happening in the near future....or in the future in general. You'd have to be willing to spend quite a lot of money to get even a small amount of bitcoin, so it's unlikely that the general public will be able to get their hands on it to make it worthwhile.
Bitcoin is into the early days of getting increased usage. So, it has got the increased chance of being a global currency. Maybe the legal acceptance won't be provided, but with its feature to get converted to any of the fiat around the globe makes it a global currency.
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