Ban and rejection has been a major challenge bitcoin is facing from inception. Its a decentralized digital currency not regulated by any Central Bank or control by other commercial banks. Government sees bitcoin as a threat to their to their economy and a way of laundering money for crime and other illegal purposes. But beyond the negative belief bitcoin has been created opportunity for people to move away from poverty level and crate job opportunities all over the world.
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Ten years of existence is a long one. Kudos to Bitcoin, kudos to Satoshi for this great innovation of our time. Bitcoin came as ease to make transaction easy between different countries and individual without the conventional bank.
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This is a good news to hear. Football being the most popular sport in the world can be used to promote Bitcoin this will enhance the acceptability and confidence of people concerning Bitcoin.
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The glorious day ahead is a function of today's endurance and persistent. Though its very hard maintaining your cool considering the downtown and stagnancy if the bitcoin price but with time we will get over it. Don't stop investing but control your investment do invest what you can not loose and don't put all your eggs in a market
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You can not be 100% scam free if you are not 100% careful. Check the track record of the website you are buying from also check the letters word by word making sure you aren't logging in to some look alike fake site in a hurry. Better still do one on one buying with someone who you can see or use a reliable exchange site.
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We are gradually heading to the festive period of the year, we are expected to use some of our bitcoin investments to take care of some personal and family needs. With the current status of the market do you see bitcoin rising up at the end of the year? Kindly give your reasons
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There are several scammers online who claimed to do such or something similar to bitcoin insurance some are even advise their ICO's. They ask you to send some bitcoin and promise to give some percentage after some time but they will end up defrauding you of your fund. The real bitcoin insurance company are rare do your findings very well before putting in your fund.
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To me I don't see government investing in what they don't believe. They might invest in it secretly to crash the system which I believe they are part of the reasons for the downturn of the price of the bitcoin.
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Honestly this is one of the major issues bitcoin and its investors are facing this days there so many fake websites and fraudsters online who pretend to be buying and selling bitcoin with the motive to defraud innocent people of the money. Many has lost huge amount of money into the hands of this fake people.
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Bitcoin is the future of this generation if only it can be adopted by government of the world and individual who is into buying and selling it will really boost economy and make a better life of its investors.
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Facebook is not against bitcoin just that they try to regulate the content posted on Facebook as it concerns cryptocurrencies. They do this reduce or stop scammers from carrying out their fraudulence on the Facebook community which I think is good.
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There are speculations that the market might still go deep down so it would be difficult to subscribe to the fact that the time to store bitcoin is now. But in the real sense of investment the best time to buy stock or strong currencies like bitcoin is when the price is low when the market reads negative
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The real bitcoin investors has lion heart they don't panic over their investment knowing fully well that there are times the market reads positive and there are times its negative. It is an opportunity to invest in bitcoin now because soon the market would be green. Never say die to bitcoin should be our guide.
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Bitcoin has every tendency of becoming the world universal currency in future if only bitcoin is regulated and taxed by government. Government won't adopt it as a universal currency until there is government interest and regulation.
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Many people believe real estate business is more profitable than investing bitcoin so they shift focus to investing in real estate business. I think bitcoin is more profitable especially in a time like this that the price is down you can buy in large quantities and sell when the price is up but real estate needs lot of capital. What do you think?
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Many big investors, organizations and association want to invest in bitcoin but they are sceptical about security their investment knowing that bitcoin is a decentralized currency not regulated or tax by the government. So I think for bitcoin to actually thrive in the future it must come under regulations so that investors and have confidence in what they are investing in.
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You can not totally say good bye to fiat money or USD knowing fully well that bitcoin is traded generally against USD and USD also determine the value of bitcoin. New investors needs fiat to convert their currency so saying good bye to fiat or USD is not a welcome idea yet until we have cryptocurrencies acceptable worldwide and in all ATM.
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I have come to realise that fake news is one of the key tools the non bitcoiners are using to fight and create fear in the minds of potential investors. Bitcoin had stood the test of time and if it can still be standing till date then there is no cause for alarm. There is a better tomorrow. Don't respond to fake news be calm investment is never static it revolves and at times it becomes positive and at over times its otherwise. Together we can fight and win fake news
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yes, i am very much aware some banks has started receiving bitcoin as a deposit and means of paymment. This is a great development as it will enhance the credibility and the adoption of it worldwide, we just hope it cut across all nations of the world in no time. Nevertheless, it might make bitcoin become regulated and taxed.
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The down turn of the bitcoin market is no longer a news to us especially the bitcoiners due to the challenges the cryptocurrency generally is facing currently but in a matter of time things will get better. But for the wise investors this the time to buy in bulk as the price is going down. despite the challenges people are still buying and trading the bitcoin confidently because of the strong believe in this digital currency.
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