Bitcoin's electricity consumption has been very high compared to conventional digital payment methods.This is because the dollar price of Bitcoin is directly proportional to the amount of electricity that can profitably be used to mine it. As the price rises, miners add more computing power to chase new Bitcoins and transaction fees, any way i will say it is impossible to know exactly how much electricity the Bitcoin network uses.
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The rules should not apply to crypto currency, that doesn’t mean they can’t or don’t, that only means,from what I can tell, there is no reason to assume they do (it doesn’t imply this in the regulations from what I can tell and there is no document suggesting that they would apply.
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1btc = useless! 1 btc coverted to USD = FUN!
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Beyond its anonymous nature, bitcoin has the potential to change the way we bank, make transactions, and view money.
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But with or without our approval, Bitcoin has become a thing, and for those who jumped on it early, a very profitable one.you can use any thing you feel you for go for now and invest because it can bullish any moment.
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If you want to learn, and if you want to be part of the revolution then hodl.If the potential opportunity of a truly life changing amount of wealth is more important than the risk of loosing the entire 1btc, then hodl.
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It is special bitcoin wallet which store the user private key in a secured hard ware device.
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Yes.It is a good reservations to have, but shouldn't stop us from exploring alternatives to the reserve banking system.Other alternative can also be bought at their ICO level.
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It will not disrupt Banks They will either need to adopt this new technology (blockchain) or they will wither and die - just as retail stores have had to in recent years. Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behavior of people changes. Some banks will benefit from this technology and some will be pushed to the back end, and some will disappear.
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One of the most redeeming qualities of the bitcoin community is their generosity. For every scammer trying to take advantage of the blockchain’s anonymity, there are multiple others giving transparently to a cause in which they believe in making better the life of the needy and poor, after all is best to give than to receive.
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Do you remember what you were doing when you were 12? For many of us, if not most of us, the teenage years were awkward and confusing but peer pressure is at its peak, and we do what is cool, not always what we want to. There’s school, opposite sex, and a general desire to just survive it all. This is your average 15-year-old.I think the age can go on in crypto
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The cryptocurrency Bitcoin has been making news for its seemingly unstoppable rise in the stock market this year. It has gone from being priced at less than $1000 per coin at the start of the year to currently passing $17,000 per one bitcoin. It also seems to not be slowing down any time soon but continued rising.
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In September,China nixed initial coin offerings, with China going a step further and announcing the eventual closure of domestic cryptocurrency exchanges. Increased regulation could either help bitcoin.
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Buying BTC now makes you an investor, you might not know if it will start gaining its value again at the moment.invest now before its to late.my humble advice.
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Don't think it could be in this year.It could only regain its potential to the point of early this years.most investors want to make up an ICO to get BTC value stable.the fact remains that more good investors are now aware and want to invest so thereby sparking up a rapid price value in no time but won't get to such anticipated price.
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Bitcoin is far as compared to ponzi scheme.BTC is a digital currency that portraits value with an exchange with a request made, ofcourse dues are deducted from transaction after that you receive what you ask for, like a big market where buy and sell what you want.
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If BTC dies, it has being abe to create more alternative coins that can stand on its own,no doubt it will not die and more ICO are entering for exchange bid,then come to think of it,every other coin is one way or the other is linked to get a Bitcoin.
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BTC for me,is a digital currency that has prove to me how to invest in any business and rip substantial profit with no guest time.
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You will not blame those that are against bitcoin,it will take a good heart to explain, more time for research about it and to get involved.Most at time people are just too used about the fiat cash so is even difficult to switch to what they do not hold with their hand as a means of exchange.
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Issues of bitcoin are discussed on CNN TV ,is either for its support or against, that only create an awareness to the populace,questions of thought comes to play thereby cause people to go into research about the coin, but like we anticipated for a much more popularity among all nations.
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