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Well we're all human, not everyone would think just like the way you've illustrated your view about bitcoin. But we all need to see beyond the investment and divert more focus on what bitcoin was created for which is freedom and privacy as you mentioned earlier. Most people are here to get rich asap but once it goes side ways they start tagging bitcoin as scam coin without knowing the ideology behind it. Bitcoin will only continue to live if people starts to see the vision behind it.
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This is a very big step for binance and a good way of bringing new crypto mindset individuals to the crypto sector. Most people finds it difficult in buying bitcoin with their fiat currency due to the fact that no exchange supports such but only for usdt and the conversation rate is killing most people funds. But with this the singapore Crypto community will surely benefit from it. Imagine it's coming from binance again.
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I disagree if this is a bull race, although for almost three weeks now bitcoin has increased with almost 1k$+ but still it doesn't clarify it to be a bull race. Likewise it has been tracing back for some days now. Only if we can hit 7k$ then I will believe the bulls are back but for now we only need to be patient and see what the market has for us in coming weeks.
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In as much as this news is good to the Crypto sector, I believe this will bring more transparency in term of funds disbursements and funds received. For the Canadian citizen and government to approve this they must have seen the uniqueness of blockchain in their ecosystem and I hope the citizens of Canada continues to utilize this mode of payment.
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Although the progress in accepting Crypto as a means of payment is quite slow, there are lot of reasons attached to it but the main one is the acceptance of crypto globally. I personally know of some crypto platform that are planing on integrating this means of payment between buyers and sellers on their platform but so far so good the low turn out from people is among what is making them lag behind. But with time I see this means of payment being implemented in major buying and selling platform we all know of.
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Today will make it 1year, 3months and roughly 11days that have been on this forum. Although I first got to know about bitcointalk around q3 of 2017, but I was a novice to bitcoin then and never knew the importance of this platform. It was when I got to meet a friend that explained some important things about this forum that made me consider giving it a trial which I must say really opened my eyes to a whole lot of things, in money wise, networking wise and educational wise.
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Most people tends to ignore these important options when saving bitcoin or trading bitcoin. Although for exchange part maybe some might be looking at the transactions fee of withdrawing their funds everytime, which they feel is too high but I must say exchanges has to be 70% trusted, because any kind of attack might befall on them which might leads to lost of funds. Talking about the wallet it's not easy for some newbie to purchase an offline wallet which is the reason why most of them uses an online wallet and yet they do not fully understand the procedures involved storing their private key. I do hope some of the newbies in this situation sees this thread so as to be informed about process.
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Although this is true but yet women are also doing massively great beyond the scope of cryptocurrency. There are some women tech meets up that my girlfriend has attended which had massive turnout from what she told me. Likewise I believe with time more influx of female will be driven to the cryptocurrency sector.
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Owning such amount of money I will diversify my investment not only into cryptocurrency but something more physical which will make me get more closer to my investment. I understand the fact that there's more beyond the scope of cryptocurrency, this will move me to investing up to 60% of my fund in cryptocurrecny. One thing I always say to myself is that no pain, no gain.
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For bitcoin to overcome banks there will have to be what we call transformation or revolution. Reason because governmental bodies in most countries are not ready to accept the utilization of bitcoin locally while most people are scared of diverting their funds into bitcoin because of the bad label some governmental authority has given bitcoin. For me, i prefer both working on it's own ground. The intreseted ones should go for what they feel comfortable with.
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What motivated towards blockchain was when my project supervisor gave me a research on blockchain technology, although have heard of it couple of times before then but the task that was given to me enlightened me more about it. The research opened my eye to lot of things about blockchain which am now utilizing in my day to day activities. Although I still have lot to fully understand and am happy with what have gained so far.
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Nothing gives joy that seeing one portfolio rises everyday, even though I didn't experience the major pump that happened two years back. Currently anytime I check either my blockchain wallet or imtoken wallet. I always feel happy seeing my coin increase daily. The bad days are the ones that always keeps me working hard to earn more tokens because am definitely sure another miracle pump will happen soon.
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