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Investing time and resources in something related to Bitcoin requires enterprise. There are different ways to make money on Bitcoin, such as mining, speculation or starting new business projects. All these methods are highly competitive and without a guarantee of income. The correct assessment of the costs and risks accompanying such projects is entirely on the entrepreneur.
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Despite the fact that the cause of the collapse of previous currencies was usually hyperinflation, which Bitcoin makes impossible, there is always the possibility of technical errors, competition from other currencies, political actions and so on. As the main practical rule says, no single currency can be absolutely insured against collapse or from heavy times. Bitcoin has proven its reliability over the years since its launch, and it has huge growth potential. However, no one can accurately predict what kind of future Bitcoin is waiting for.
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The Bitcoin system is unique in that only 21 million bit-coils can be created. However, this will not be a limitation, because transactions can be denominated in small denominations - for example, in bits - every bit is one millionth part of bitcoin. Bitcoin is divided up to 8 decimal places (0.000 000 01) and potentially even further, if this is required because of the decrease in the average transaction size.
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Bitcoin does not belong to anyone. This technology can be used by anyone who follows the rules of this currency.
It is not controlled by any central bank, and the person who first proposed the use of bitcoin for several years does not make itself felt.
Everyone can make sure that this currency does only what it is supposed to do, and its creator no longer controls operations with bitcoins.
Now it is the responsibility of independent developers. That is, bitcoin has become a so-called open source software, which can be downloaded and used for free at your own discretion.
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The ability to send or receive any amount of money instantly, anywhere in the world, at any time. No bank holidays. There are no boundaries. No restrictions apply. Bitcoin allows users to fully control their money.
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The protocol rules and cryptography used in Bitcoin still work fine, years after the creation of the network, which is a good indicator that the system is correctly designed. However, various security issues have been and are being remedied earlier, in various implementations of their software. Like any other software, the security of Bitcoin software depends on the speed with which these problems are located and solved. The more such problems are identified, the more mature Bitcoin becomes.
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Cardano seems to be a reliable platform, thanks to its unique approach to the use of scientific methods in development. We expect from Cardano great things in the future between his use of scientific philosophy and the fact that it is completely open.  |
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Ultimately, the long-term growth of any crypto currency (or even business) depends on the availability of useful applications for its assets. If bitcoin becomes a common currency, or the Ethereum network becomes the standard for distributed computing, the value of these assets is likely to continue to grow. On the other hand, in the world of technology there is always someone who breathes you in the back. New and more efficient algorithms can replace bitcoin or ether.
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According to the president of the Blockchain Intelligence Group, Shona Ansti, the share of illegal transactions in bitcoins fell from about 50% to 20% of their total volume in a year. Nevertheless, in absolute figures, the volume of such transactions increased significantly during this period. Thus, bitcoin continues to be widely used by the underworld, which is explained by the ability to convert this crypto currency into cash relatively easily and quickly.
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Open code of crypto currency.
The source code of the crypto currency and the Bitcoin theory are open. Bitcoin has the same algorithms that are used in Internet banking. The only difference between Internet banking is the disclosure of information about the end user. In the Bitcoin network, all information about the transaction is shared (how many, when), but there is no data about the recipient or the sender of the coins (there is no access to the personal information of the purse owners).
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Bitcoin grows on the wave of the general colossal demand, which increases daily, perhaps, in a geometric progression. Fundamental news is added to optimism, such as the launch of exchange bit futures, which opens institutional capital to a legal path to cryptoric and crypto-liquidity.
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Bitcoins are often compared to gold, the amount of which in the world is limited and which can be exchanged for any currency in different countries.
The currency can be bought on the stock exchange, and then it is profitable to sell there. You can create coins by merging with other users on special sites.
Experts do not hurry to call bitcoins electronic money. And although there are already start-ups (with the support of investment funds), which promise to create an ecosystem for using bitcoins, skeptical people are also enough.
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The collapse of the market occurs against a background of a number of negative news. Firstly, South Korea accused the DPRK of stealing crypto currency for millions of dollars and stated that attempts to break into crypto-instruments continue to this day. Secondly, the Chinese authorities are going to close access to all websites dealing with the trade in crypto-currencies and ICO, including foreign sites. Finally, another piece of news from China: there the online advertising of crypto currency and ICO was banned.
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Given that the price of Ripple has already exceeded the dollar, we can conclude that in the near future Stellar will also reach a price of one dollar. Now Stellar makes a lot of efforts to become an alternative to traditional bank transfers, especially where it is needed most. This is the potential for further success in the future. It is believed that 2018 will become a year of crypto currency, and it is very likely that both coins will become even more popular.
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The total amount of remuneration is fixed and, following the results of the campaign, is shared among all participants. Accordingly, the more participants, the less your share.
It is desirable that the remuneration was not fixed, but as a percentage of the work done. Otherwise it will be insulting if for your 1000 likes and messages you will be paid as much as to the one who made only 10.
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Nucleus.Vision is advertised as a futuristic technology - similar to what you'll see in the episode "The Black Mirror". However, this technology is available today. It is already implemented in 10 stores. Some of the listed retailers on the Nucleus.Vision website include, for example, Tommy Hilfiger and Gap.
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