But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
In my opinion, your opinion is true. Why ? Indeed, cryptocurrency is now much interested, some people consider cryptocurrency as a valuable asset to them. but cryptocurrency has one weakness that is not the official currency. cryptocurrency is just a virtual currency in the digital world. so this is where another function of cash is to be a medium of exchange for cryptocurrency, so the selling value of cryptocurrency can be used for in the real world. For some peoples, Cryptocurrency is more interested because not controlled by any government institution. Paper money always inflated and its decreasing our asset value. Different with paper money, cryptocurrency like bitcoin have limited supply and the value always increasing and its much profitable for holder |
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If bitcoin or others cryptocurrency become common and merchant accepting it, I am believe government have a way to collecting taxes from cryptocurrency transaction. Technology always evolve and government must be adopting cryptocurrency if want to take benefits from crypto transaction.
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Cryptocurrency become more famous because bitcoin price rising on 2017. Its attracting many peoples to investing their money on crypto market. Every body want to make profits on this market. Cryptocurrency will growing fast if every peoples have internet connection
bitcon community growth massively after it hit highest level at around $20k.much media and articles mention bitcoin future.especially about it price. By the end of 2017, the cryptocurrency market has gained a great deal of attention, so the interest of the international community for Bitcoin and this market is enormous. The recent development of the cryptocurrency market is inevitable and I think crypto can completely replace the currency fiat in payment. Many media covering about cryptocurrency rising on 2017 and its attracting many peoples to investing their money. Peoples attracted because early 2017 bitcoin price only below $1000 and on december 2017 bitcoin price jump to $20k. Its huge profits and peoples want to benefits from cryptocurrency market. With that increasing and profits, cryptocurrency become popular and become trending topic in all around the world |
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I am believe if bitcoin regulated by government and accepted as currency or payment, many merchant will integrate with bitcoin. They will take advantages on bitcoin because cryptocurrency market value always increasing.
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Gold and silver already know as safe currency and safe investment for centuries. Old peoples like to invest on gold or silver because most peoples agree that gold and silver have a value as investment and as currency and everybody accepting it
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Every cryptocurrency created because have their own purpose and utility. Some crypto created for bussiness purpose like ethereum, waves, neo and other. Some created for payment and currency like bitcoin and others. The reason many diffrent crypto created because every crypto have their own advantages
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Hey guys, i need some suggestions and opinions about this.
There many factors that could affect the value of bitcoin like FUD, government crackdown, hacking of a big cryptocurrency exchange, well-known businessmen critizing bitcoin and sometimes bitcoin forks. The creation of global regulation for the cryptocurrencies might also affect the value of the coin. If there is a continuous increase of demand for bitcoin, the price would also increase. Negative news is the big factor that affecting bitcoin and cryptocurrency market value. Negative news make peoples panic with their investment and peoples selling their investment on cheaper price. Its happen because government not issuing regulation in many country. |
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Forex trading is the indicator on financial system worldwide. USDollar/EURO/GBP/Gold/Silver are the pillars of trading and business worldwide. When you buy, for example US dollar, you show your confidence in US economy. Gold and Silver is universally accepted investment which protects people's wealth during wars, inflation etc.. So investing in forex is investing in a country and not in a company. In stock markets, you invest in a company and 150 of Fortune 500 companies have closed down since year 2006.
Gold is preserve of wealth. After 100 years of industrial revolution, Gold has seen and survived many wars, economic crashes, 9/11 terrorist attacks, economic booms, technology revolutions and more.. There is $10 to $90 worth of Gold in each computer/laptop processor.
Bitcoin future does not look good since it is decentralized and it is trying to eliminate world's most powerful currencies.
In my opinion, forex market different with cryptocurrency market. Forex fluctuation still controlled by central banks because its related with interest rates and economic growth. Different with forex, bitcoin doesnt need banks because its peer to peer transaction and no one control the supply and no one can control fluctuation in market |
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Bitcoin doesnt know about boundaries because its peer to peer transaction. Globalization still have a rules on trades or regulation but not with bitcoin. With bitcoin, peoples can easily making transaction with each others without third party like banks
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I think that this crypto currency wallets can not be easily hacked , because if this is so , all bitcoin holders are already complaining about hacking, there maybe an incident of hacking that happen to the wallet of my friend ,we doubted that one of the admin stole the tokens after the distributions , they manipulate the stealing of token, or it was intercepted by the other party in the ICO project, my friend lost hundred thousand tokens.
Bitcoin core wallet as far i know is safe. If hacker can hack that wallet, its really amazing with hackers doing. As far we keep our private key, i am believe hackers can not hack into our wallet. Its very safe because its blockchain |
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China right now become biggest economic country in the world and their product spread all around the world. China have biggest dollar reserve in the world and i think they will use it for investment.
If china using their liquidity to invest in cryptocurrency market, i am believe it will give much effect on market fluctuation. It will push market cap to trillion dollar
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I am believe cryptocurrency transaction in philiphine will increasing because this news. Philiphine government more open on cryptocurrency and i think its good for their citizen because their citizen have more option to invest their money.
Cryptocurrency is our economy future and philipine government can see it. Congrulation for philipines citizen and hopely my country issuing regulation too for cryptocurrency
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Start selling your altcoin and buy bitcoin says pioneering wall Street because bitcoin is very strong ,bitcoin is good for long term
And Bogart said that he will sell his all cardamom,Tron,iota and neo he would buy and hold Ethereum, ripple,bitcoin cash and EOC
I think some altcoin is good investment same as bitcoin. Bitcoin stronger because have biggest market cap in cryptomarket but holding altcoin with good funadamental is fine for me. Some altcoin have good prospect in the future and we should not put our investment in just bitcoin. Better divide our investment to reducing our risk |
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14 banks in the Philippines now recognize and transect bitcoins.
What about in yours?
Its very good for philiphines citizen can make transaction with cryptocurrency or bitcoin. In my country, bitcoin still prohibit if used for payment. I am believe bitcoin can helping economy. Hopely more country recognize cryptocurrency |
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now bitcoin is down, you do not have to worry too much, because bitcoin is fluctuating, can go up and down at any time. so even though now the bitcoin has decreased, surely in the next few weeks there will be an increase.
Yes we dont need to worry everytime bitcoin dump. Because still it will go up after that, remember that bitcoin was volatile. The value of bitcoin was somehow good especially when it was pumping. When it was decreasing just learn to wait and be patient so that you may get profit once it was recover its price again. Bitcoin fluctuation always happen in years ago and its go stronger than before. Bitcoin value depending on supply and demand and trust from community. More peoples investing their money bitcoin can make bitcoin more valuable. Its need long time but I believe bitcoin is good long term investment |
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Warren Buffett with Berkshire Hathaway have a lot share on banks and JP morgan is biggest investment bank in the world. They must be not like with bitcoin because bitcoin disrupting banks bussiness.
But i do believe, banks will adapting bitcoin on their portfolio and making profits from cryptocurrency market
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How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
By tracking some bitcoin addresses that are still active in their country it's easy. Because now it's easy to track IPs someone is who used bitcoins. And in the end you will be caught because you also already know that bitcoin is banned in your country. IPs address can be tracked by government and our bitcoin transaction can be trace. And if government can not identify the owner, government can make regulation to their citizen to report their ownership. Government have power on our life and if used for illegal activity its very easy for government to track it down |
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