Absolutely yes. Cryptocurrency really helps a lot to expand the world business because this time many people are our investing on it and also you can now use crypto as payment so it's less hassle to a lot of consumers and that's a very good help because there are also no taxes in every transaction you will be made. Aside from that, they will might use blockchain technology for their payment processor just like other companies do.
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It doesn't mean that if bitcoin goes down there will be no more new rich people. As we all know the price of bitcoin is volatile is it may rise or fall from time to time so if you want to get rich now you just need to invest now because the price drop down so you'll be able to buy it at a lower price, Then all you need to do is to just wait for its value to rise again before you will sell it in order for you to be able to earn big and get rich. You must need to be patient first and don't do the panic selling.
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~snip~
That is indeed very good news! Now we need people to actually donate using either bitcoin or ethereum, or we'll find these payment methods disabled in a few years if no money flows in via crypto. Absolutely, You are right. Bitcoin adoption is rising in the NGO's sector because as we all know some governments in all countries are against bitcoin ( just like country of China, they are banning Alipay payment processor because of bitcoin collaboration) because of the reason that it's a threat to the government because they said that it is being used by drugs lords and criminals in their illegal transactions. But this is different from the Chinese government and we can consider as a good news.
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I don't think it's that much of an issue, most internet cafes I've visited wipe the computer to a template version after anyone uses it, and it is illegal to install malware on these cafes and track user movements.
Keep in mind, your talking about a real life cafe that's a real buisness, if they tried to steal your stuff they would be hit with a crap tone of fines, you can probably relax in my opinion, maybe use 2fa just in case, but you should be safe.
There are some internet cafe (not the owner of the cafe but the other customers did) are trying to input some malware or a key logger which will send the information you have input to the computer to their device, I experienced the same thing and I know how very risky it is to access your wallet in an open are such as internet cafe. Its better to use your own computer to secure your account. I think it's not a good idea. I do believe that it is very risky when you are using public computers when accessing the wallet. What if there are people who are watching on you especially when you type your password. They might hack your bitcoin wallet and withdraw all your money so I would highly suggest thinking first before you act. Yes, probably a PC that you used was infected with malware and hacker can manipulate your activities.
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The government is not threatened by cryptocurrency, we must understand that their role is to protect us from bad actors who are taking advantage in unregulated industry. Tough regulations are implemented in order to protect the public interest and not just for the few, we are lucky that in most countries crypto is legal but unfortunate for those who ignore this technological change.
Just because the government afraid to crypto that it will become their big competitor when it comes to financial investment. And of course, simply because the government finds it illegal because they don't have and access to it and they believe that cryptocurrencies are being used by drug lords and criminals in their illegal transactions the reason why it threatens the government and monitors all the movement of crypto.
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I feel so sad about what happen to them the reason why I really don't trust bank because of that. We thought that our money is safe but look at what happens? All their money is gone so I would prefer to just invest in bitcoin rather than saving money on the bank that you are not sure if it's really secure.
Time will come that Bitcoin will the main currency and not a currency that regulated by our government, all things make decentralized and we have the freedom to store our valuable assets safe.
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Positive side of ethereum is could sent transaction faster than using bitcoin we have take one hour and more, but using ethereum we can received payment in short time just take few minutes if using good fee, but ethereum still with lower price and do not have anything effect with bitcoin how could raised up.
I remember before when the Bitcoin price was almost bypassed by the Ethereum and now the transaction fees. This is the most Ethereum has advantage to Bitcoin, the transaction fee. That's really good to hear. I think that many people will now switch temporarily into Ethereum since it has a high potential as of this moment but I do believe that it is only temporary and soon bitcoin will rise again people will also switch to it because I do believe that bitcoin is still the number one crypto.
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That's really good to hear because UNICEF is a very well-known organization all over the world and that a very big help to bitcoin as well to be advertised throughout the world so that many people will recognize it and get interested to invest and get rich with bitcoin. There will be on the next step of this organization in the future and adopt bitcoin. Good job to UNICEF and I hope related to this institution will become a bitcoin adoption too.
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if gas companies in Japan have started to make payments using cryptocurrency it will be able to give a very good effect because this can be one of the strategies to raise the price of bitcoin because demand will definitely increase when many use cryptocurrency for payments like this.
No doubt that bitcoin will become popular because of that service in Japan, they are mostly adopted in technology all over the world. And that's a really good idea because it is big for a lot of car owners especially when they gas up it is less hassle for them to be able to pay using bitcoin and also a 3% discount on a monthly basis is really great help as well. However, I do not think if someone spending their bitcoin when the market is bear rather than they are accumulating on it and used cash instead. They will use Bitcoin once the price is quite high.
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I think it never gonna happen. But if does, banks will be close, government will put a very high taxes in every transaction that will be made ,they can regulate the flow of cryptocurrency because they finally legalized it , it could be many illegal transaction will be made for things that cannot be bought so easily, im sorry but this one is true.
They could put taxes on it if they could go through the blockchain, but they can't, so doing such thing is impossible for them. Legalizing it will just increase the chances of bitcoin adaptation but it won't change its nature which is being decentralized, and regulating the flow is just a dream for them, bitcoin is not fiat, it is a digital currency that could run on its own without anyone behind its back, think of it as a super AI network. Well, speaking of adoption but this is regulated because of governments wants I think that is not reasonable for bitcoin to become profitable. Bitcoin will remain a digital currency and not the same as fiat. So, it's not gonna happen they will convert into cryptocurrency and leave their own local currency. Each country has its own revenue or era and that what base on local currency value. There is a chance that it will alternate currency to fiat through the internet payment system.
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Aren't stablecoin more like fiat on the blockchain, if we can develop stablecoin to become a force in the industry I don't think we need the service of Fiat currencies. Every country can simply develop their stablecoin just as Facebook is currently doing that way they'll still be in control of the currency as it'll be operated on the blockchain.
On my own point of view, I don't think fiat currencies will be replaced by cryptocurrencies because as we all know cryptocurrencies value are volatile so it may rise or fall from time to time so it's really hard for us to save and buy the things we want if the value of our currency is volatile. It should have a stable currency and the volatile currency so that we can create value through fiat pair.
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Anyone who has held any bitcoin longer than 5 years has made some profits. The longer the time horizon (more than 5 year) the better chances you don't lose.
The same is true with the general stock market indexes. Put some in the S&P 500, wait 5 to 10 years, you'll come out ahead.
Correct, the longer time you spend in waiting, the many chances you could have to decide what are you going to do, would you sell or still hold. Taking your time is the key to meet your expectations to avoid disappointments, missing a chance to sell your bitcoin and other cryptocurrency is not a problem, the problem is if you will be impatient on waiting for your right turn to make profits. Absolutely. As we all know bitcoin investment is risky so we must be prepared for any disaster that may bring. All we need to do in order for us not be able to lose big amount of money is not to do panic selling because that's the decision in not good when it comes to crypto investing. That is a very long time to wait 5-10 years but I think that is worth it to wait. Just like you are investing and then forget for a while and the most important thing is store at the safe place that nobody knows or someone whom you can trust with the private key of the wallet.
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I think it would be good if we will have a movie about bitcoin or about cryptocurrency in which people will enlighten and fully understand what bitcoin is. Try to ask a innocent person about what is bitcoin, they will just answer "bitcoin is a digital currency" that's all they know. Yes it's true that bitcoin is a digital currency but is there anything that they know about bitcoin? None! So I think it would be really great if we will be have a movie about bitcoin and etc. To spread knowledge about what cryptocurrency and bitcoin is.
I already watch the movie about 'Crypto' and yes we should be open for more Bitcoin movies so that it can create awareness to every people. I tried informing my relatives about this but they don't still believe in the power of digital world, as per them it may time decades before the fully adaption, which I agree too but I know that it is better to know crypto at an early age before it will be too late. That's a really good idea. I think it needs a lot of promotion for that to happen but if there is a big personality that will endorse bitcoin to have a movie then I think there's a big possibility for that to happen. If you remember the movie about bitcoin and the dark web. I guess that was "the silkroad" movie. But usually as what I have seen Bitcoin is in illegal transactions.
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Well, that's really good to hear. In the way, I do believe that bitcoin will be able to recognize and used by a lot of people all over the country and also it will be a really good help to raise the economy of the said countries as well. This is a good impact on bitcoin because they use as a payment processor. Because Bitcoin has an easiest way of transferring money so even if their charity accepts fund world wild it is very easy to collect.
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Investments made to cryptocurrency should only be your extra money. You should always consider having backup money for emergencies.
This will happen if you are not investing that you can afford. Don't risk your family budget and after months you need to pull them out that may cause you a sudden loss. Before investing you must know this possible consequence in the future. Well, one of the dangers inside cryptocurrency investing is lossing money. You must be careful in all of your actions, especially when it comes to sites. You must look for trusted sites before you invest. Also, you must avoid panic selling as well.
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you can compare it after trying both methods, there must be calculations when mining, whether it can cover the costs incurred certainly for trading can't be considered something simple, we must pay attention to many factors and the possibility of things happening
Both of them are good. Cloud mining and bitcoin buying as well. They have a different way to earn also they have different ways to lose your money. If you think cloud mining is better. Then, that's good for you but I would prefer bitcoin buying because it is profitable for long term investment and less hassle as well. On my own, I better to chose simply buying of bitcoin.
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Absolutely, That's a scam, Well I think you can do nothing about it and all you need to do is to accept the fact that you've lost the money that you invested. I would highly suggest not to trust anybody especially when it comes to money. Also, you need to check first if it's a trusted site before you invest. Digging research is a must and spent time on it to study, sometimes our greediness will push on us into one of their victims.
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That's a really good idea as long as you can earn then why not sell it so that you can have your money IF your profit was already there. That is good if that's your only source of income and you are badly needed money but if you have other sources. Then, much better if you'll just do the long term investment to earn a big profit. You should know that Bitcoin investment is not only in the short term, just like 2-3 weeks and then cut your profit. That's not as easy as that.
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I need your assistance to understand which is the best trading platform apart from binance as I have mixed experience when it comes to trading as my experience with binance was smooth and really productive but I had terrible experience with other trading platforms like coinbene and all as it's ruined by the bot trading. Kindly suggest the best trading site apart from binance along with your experience
Kucoin and OKex can be used as one of the best trading platform options now. I see based on my experience, these two platforms can now be used as a good option to see the volume, accuracy of coin types, buy and sell and others. You can try the platform This is also one of my best options in the trading site, Well, on my own experience I think Bittrex and Kucoin are also good trading sites. There are also many people who are trading on this site and they find it very legit and some of them say that they are lucky on this trading site because they always earn a big profit. The fact that the high volume of all coins and also users will bring you to that earning profit. The suggestions above are the right track to follow or just make your own research for your own risk.
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K POP company want to joined cryptocurrency I think become fantastic with bitcoin or altcoin at the future, they have billion thousand fans around the world and can make billion fans K POP want to invest with bitcoin or altcoin, but K POP want to become part of bitcoin and altcoin iis true information or fake?
Well, I think they really find out that they can really earn a big profit in crypto and the reason why they are planning to make there own currency through the blockchain network. This is a very big help to them to be able to become more popular because cryptocurrency is very popular and for sure their fan will also invest in what they had planned. Not directly help bitcoin but the entire crypto will bring popularity.
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