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Bitcoin prices suddenly pump. I think bitcoin prices are very difficult to predict. The ups and downs are common. I hope the bitcoin price can be better than before.
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What I know of Mt. Gox is a currency exchange cryptocurrency based in Tokyo and has provided about 70% of Bitcoin transactions worldwide before suffering major cyber attacks, leading to bankruptcy. In 2011, the price of Bitcoin at Mt. Gox Redemption dropped to a record low of one cent for a security breach.
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I find it very useful with cryptocurrency cards, Convenience paying for every purchase anywhere has led to the mass growth of people using credit / debit cards and merchants who accept cards. The advantage of a clear card: no need to go to the bank to withdraw money, no need to worry about carrying large sums of money, and in case if your card is stolen, the only thing you should do is to contact your bank and block your card for prevent illicit transactions.
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I think about the ban on virtual money in India is already commonplace, not only in India, in other countries are also many that prohibit. but I hope someday, the state that forbids crytocurrency. will find the best solution. so cryptocurrency can be accepted in the community.
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According to me As the demand, the higher the demand for something, the higher the price, if other conditions in general nothing has changed. Similarly, the more vendors or merchants who receive Bitcoin as a means of payment, the Bitcoin price will increase.
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I think that the reason is the cost of transaction bitcoin cash is somewhat cheaper. This is indicated to be one of the attractions of bitcoin cash rather than bitcoin.
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I think the absence of the authority to regulate Bitcoin (and other Cryptocurrency) is expected to eliminate unnecessary costs as currently applicable in the world's financial system.
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I think Blockchain technology, though not a startup in the traditional sense, is at its turning point. Prices are at or near all the highest prices, trading volumes are soaring, and the number of cryptococcal users is growing at an incredible rate.
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I think the mid-year bitcoin prices have started to rise, although the rise is not so great, but this is a good sign. but I'm sure the end of 2018, bitcoin prices will be the peak.
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I think Hardware Wallet is the safest. Harwdware swallow Can Secure Cryptocurrency Assets. Hardware Wallets Cryptocurrency is a physical device (often called, USB) that allows you to securely generate and store your private key offline.
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Here's a little advice from me Make sure you save Backups in different locations, eg on other computers, in cloud storage, on USB Flash Disk, on CD, printed on paper. Do not save a Backup on your computer or SmartPhone where your Bitcoin Wallet is installed because it will not do any good if your computer / SmartPhone is damaged / lost. Make sure Backup is Secure, not accessible to anyone other than you. Hopefully my answer can help you.
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What I know about ICO is a fundraising effort to build applications related to Blockchain and its implementations such as cryptocurrency, bitcoin, smart contract and smart ledger. ICO offers a number of tokens to investors that are usually valued by Cryptocurrency such as Bitcoin.
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I think the safest Wallet is Blockchain. Blockchain is the 1st bitcoin wallet in the world and the most widely used. And being the first wallet to provide a crypto bitcoin storage facility, Blockhain is closely related to the current bitcoin economic growth. Hopefully my answer helps you.
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Why should blockchain prevail? I think blockchain is a decentralized technology that is claimed to have many advantages. Decentralized blockchain allows each server to connect and share the same role. By establishing a kind of peer to peer network this enables easier tracking of data and what if one of the servers gets interrupted can be backed up by another server and the server in question can be temporarily removed from the blockchain network. This is what I know from blockchain.
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I think the Bitcoin Price is not determined by any party, because Bitcoin is decentralized. Bitcoin value attachment, first emerged as a reward for the power a person has taken when he or she runs Bitcoin. At that time. And the rise and fall of bitcoin prices is entirely in the market. Market participants themselves who determine the price of Bitcoin up or down.
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I think the best crytocurrency for investment is bitcoin. Once you have Bitcoin, you can decide to continue saving or trading on the Bitcoin. Here you have started the name of investment with Bitcoin, so of course it can be a profit or loss.
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If I think Blockchain requires a certain technical adaptation of traditional blockchain technology. complete identification and positive reputation of the participants, so that this data must be completely open and accessible to everyone who wants to know more about the technology.
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I think All coins and tokens are cryptocurrencies, even if many coins do not work as a method of payment. Actually the term cryptocurrency is an incorrect naming, because basically the currency (as well as currency) must represent a unit / value and exchange medium. Hopefully my answer can help.
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In my opinion, in the end, the world will have only one crypto currency, namely Bitcoin. I strongly believe that in less than 10 years, Bitcoin has evolved from something that only attracts a small number of people into globally traded assets. I am convinced of the dominance of Bitcoin.
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I think the setting committee for crypto must exist. Because some criminals are involved in financial scams or pyramid schemes under the protection of virtual currency. that fake cryptocurrency often arises and causes investors to suffer huge losses. This is my opinion.
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