Without getting stable we cannot say that BTC has reached its ultimate stage. The fluctuations that are happening with price of BTC since last year's beginning has definitely put it into a developmental phase with might continue for a long time in future unless the governments take a hold of it or BTC itself comes to stagnant stage where there won't be any speculations regarding the pump and dump state it is currently in.
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Recently, Zimbabwe has adopted cryptocurrencies for dealing with their inflations. Venezuela has also moved to their own cryptos to fight economic problems. I think blockchain technology holds unlimited possibilities to solve the problems around us. It is high time we should focus on helping the poverty stricken countries by the help of blockchain technology. Really, good initiative taken by Bancor. Others should follow them too.
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#Proof of Authentication post
Campaign name: Twitter ,Reddit Bct username: harrypot
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#Proof of authentication Bitcointalk Username: harrypot Telegram Username: @harrypot
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This was a masterstroke by Nakamoto by removing all the attention from Bitcoins. Right now, not only Altcoins are trending but also a lot of ICOs that depend on these Alts are stepping up and creating a good distraction for the goverment to stay away from the BTC market.
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I think ETH and BTC are the coins that faced most damage due to the recent correction. However, with many good news coming in which includes the next hearing of ETF on 10th August and BTC reaching a all time high hash rate will definitely help the market situation to change.
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