It seems that lot of people lack of the most basic economic concept! The possibility to print money is exact the worst problem that fiat money has; everytime government print a dollar, all other lose a bit their value. It's called inflation, and when it starts can be really devastating for the economy, as money becomes again what really is: just paper. Please, study more.
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Cashless society is very possible (actually, it existed for thousands of years...), but it depend if it will be a centralized or decentralized one. A centralized one, as in the swedish experiment, will mean absolute control from government on any transaction. A decentralized, that there is no central authority that control you. One is slavery, the other is freedom.
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Of course not. As any currency, bitcoin is a representation of value but not a value itself (in the same way that you can't end poverty just printing money) Poverty are a lot of causes, and it's independent from the currency that you are using.
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I don't think so, as I don't see any special relation between bitcoin and corruption; eventually, with its pseudo anonymity, you can bet that bitcoin will be used to exchange untraceable money, and corrupted politician will be very glad to receive it.
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Blockchain technology is much more than bitcoin or cryptocurrency, it's a real revolution in a so many domains that nobody still can realize how much it will change our life. Now we live in a centralized world, and we need a central authority to keep trace of "titles": property, diplomas, money, legal causes, and so on. With blockchain, central power become useless, so... we'll see, I expect big changes.
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You can do both, with a very good profit: actually, if you have already a big capital, signature campaigns may be are not worth the time; otherwise, they are a very good way to create a base of capital to start trading.
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Regret is the more useless emotion that you can feel, not only in trading but in any aspect of your life: you can suffer and blame yourself, but this won't change the past. I know it can sound as a new age cliche, but really "life is now": so, use your past for what you can learn from it, and act now. (or in the future you'll regret that you didn't....)
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What you say it's not completely accurate: bankers are TRYING to kill the crypto market, and you can bet thay will use any method at their disposition. But - even with the help of governments - they very unlikely will succeed: cryptocurrency were created to bypass governments and banks power. So, we'll see a big war, but I'm pretty sure that they won't win it.
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Trading is much more about psychology that about economy. Losses are an inevitable part of the game, and the way you face them will decide the way you feel and act. About me, every time I face a loss, I focus on two things: a) what did I learn b) what is the best move now
trying to not lose my energy with regret. Of course, it's not always so easy
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Somewhere I read that the level of success you can achieve is determined by the level of frustration you can tolerate. In any field any big winner suffered an enormous number of losses, and trading in not different. I don't want to say usual motivational stuff, but really it doesn't matter how many time you fall, but if you get up one time more.
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Of course, there is no a standard answer! Sometimes - if you are a scalper and there is high volatility - you can make a big profit just in some hours. In other situations, you need to hold a coin even one year or more. With good technical analysis, you can take good decisions in this sense.
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Nothing can be 100% safe, but MEW is so solid that I don't think hacker will lose their time trying to hack it. Much more simple to hack YOUR computer, if they know you have ethereum. So, take care.
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It's not a bloodbath, it's just a normal - and well expected - correction: after a year of fantastic growth, what did you expect?
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Panic is a very bad emotion, you can control it by definition (if you can control it, it's not panic) The secret is to find a way to stop panic BEFORE it happens, and there are lot of ways: martial artist can teach a lot.
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Actually, banks are a big part of economical system, not only for the services they offer, but for the power they represent. Even in case of global acceptance of bitcoin, you can bet they'll find a way to keep their control over monetary system.
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May be it's possible, but it's well known that the large majority of investors lose all their money. The rel problem is that in the meanwhile big investors can afford big losses and wait until they recover them, if you run out of the game you are forced to stop. Game over.
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Don't bet too much on bitcoin anonymity: every thing you do on the net is recorded, and you don't know when government will start to hunt you. If you want anonymity, there are better currencies than bitcoin
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Of course it's possible - lot of people do with good profit - but you need to be very organized and self disciplined. And don't forget, trading is addicting, so take care to not neglect family, friends and health.
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I understand your frustration, but this is the cryptomarket: high profit and high risks. You need to be very cautios if you don't want to lose again. If you can't resist to stress, best to invest in mutual funds.
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Nothing is 100% safe, but the probability that MEW is hacked is very low. More likely, you'll lose the key, or YOUR computer is hacked...
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