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Good concept but hard to implement and even if we do that there will be many problems because even Bitcoin is great as a digital asset we would miss such qualities once we turn that into a paper currency because border less and barrier less transactions will be much difficult in a tangible form like we face in fiat money and there are other major problems will occur if something like that implemented which can make many limitations for Bitcoin
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Most in the crypto world and outside consider Bitcoin as an asset to invest and make profit but not more than that because the community that was created was only doing something that do with a normal investment asset and that was buying holding and selling so idea to use Bitcoin as a currency was forgotten until today some and few companies started to provide Bitcoin payment options to there customers and I hope this will continue
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It is normal that when something special and useful rise above inefficient things there is no doubt those once will come to an end and even that is not that easy in this situation for cryptocurrencies to rise above major fiat currencies there will be a huge competition among fiat and crypto currencies in the future and soon many political and financial decisions will be made regarding this matter
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Many new people on this forum are so focused on ranking up on this forum, with the visions of making tons of money from Bounty and Signature campaigns, but when it counts the most, they tend to drop the ball and they lose out on the biggest profits. My advice to the newbies out there is to forget about Signature campaigns and Bounty campaigns and to concentrate on the things that will help you to make the biggest profits. You should acquire as much cheap bitcoins as you can, during a dip, because you will never know if that price will be the lowest price that Bitcoin would be sold for in many years. In early 2017, the Bitcoin price was around $1000 and everyone was saying it was over valued, well they were wrong and most of the old timers just kept on buying more coins. The end result... The Bitcoin price went up to $19,000+ and we made huge profits. So, please shift your focus on the Dip to something more positive. A dip in the price should be welcomed, because it gives newbies and old timers a opportunity to buy more cheap coins.  Buy the Dip and Sell on the Spike for the highest return on your investment. No Signature campaign or Bounty campaign can beat a 800%+ increase in the price.  Many come to create a Bitcointalk account to do a Bounty campaign and there first target is to become a junior member then member and other ranks but few starts to learn more about the market and crypto assets and moving to trade which is a bold idea specially in this period of time and we can see most people who did got successful and even those who lost everything leaned many things than the rest so market learning with patience is the best thing to do as a newbie if thinking to make considerable amount of money in the future |
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Bitcoin price did drop during this year but it doesn't mean that it is crashing and there is no exact one reason which cause this because price fluctuations are common for any trading asset and it can happen with or without a fault but due to this situation many left the Bitcoin market and some was able to possess Bitcoin for very cheap and I have seen many experts say this huge price dropped was caused due to many rumors that were done by manipulators and also due to the pressure Bitcoin got from the outside world so Investors and traders were uncertain but even in those situations Bitcoin surviving skills were impressive
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Even I lost some money due to the Bitcoin price dropped but it is recovering perfectly so definitely it will reach to it's correct price and the only thing it needs is more time so traders should be more patient in these days because even price dropped during this year but it doesn't mean that it is crashing because price fluctuations are common for any trading asset and it can happen with or without a fault but due to this situation many lost there wealth and many left the Bitcoin market
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Manipulators are everywhere and some times they make bad news or they promote things to there advantages and this might be happening now because Bitcoin price did drop during this year but it doesn't mean that it is crashing because price fluctuations are common for any trading asset and it can happen with or without a fault but due to this situation many left the Bitcoin market and some was able to possess Bitcoin for very cheap and I have seen many experts say this huge price dropped was caused due to many rumors that were done by manipulators so the outside world and Investors were uncertain but even in those situations Bitcoin surviving skills were impressive
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Most people doesn't hold due to unpredictability of the Bitcoins future and I agree with the statement it is true Bitcoin price dropped but it is recovering perfectly so definitely it will reach to it's correct price and the only thing it needs is more time so traders should be more patient in these days and might have to wait if they desire a high return on investment
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Sadly Bitcoin has become just an investment asset bit Bitcoin is the most convenient currency the world can ever have because it enables smart payment methods where customers can easily pay for goods or services via mobile phones or any other easy way instantly and organizations may have the ability to make huge transactions to other countries within minutes with better security so it is great as money but because people are focused only to gain profits and lack of Business adaptation it is remaining only for investing purposes
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Most of the time when media broadcasting news about Bitcoin or cryptocurrencies it shows the bad impact that will make on the world with the expansion of digital currencies and if we look closer those are not exactly there world and attitudes they are coming from the same people who are trying to stop Bitcoin and cryptocurrencies in the world by making different and cruel methods such as restrictions and bans when one part is trying to make the crypto world expand there is another part to make it stop and who will win the time will decide
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Was the world was ready to fly in the sky until right brothers found the World first airplane I don't think. The world and people are not ready for anything until some one or some people introduce something new and make them ready to follow and that is what happening right now. One person or a team started Bitcoin with a great purpose to help the world by allowing people to do business transactions in a efficient and better way so it was followed by individuals who saw potential in that vision and that is how the crypto community was build so it doesn't matter the world is ready or not if the concept is good and its main intention is to help people to develop or improve whatever they are doing then it is enough to succeed
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I feel like the quality of the people in crypto has gone down. I wasn't even in at the beginning but even when I started I remember everyone was giving out coins for free and donating to all kinds of charities, but now it's just everyone on exchanges trying to pump and dump before the next guy. I remember when ethereum came out and I thought it was a scam at the time, but even that was high class compared to the crap now.
That is true now the crypto communiy is filled with selfish people who only focus on gaining profit and doesn't care for others or the betterment of the crypto world and also using cryptocurrency has made dangerous due to many hackers which is a real hedeach some time for other people in the crypto community to use cryptocurrencies they have to think twice to avoid getting caught to such criminals |
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Its nothing so dramatic as crashing, its more of a slow down and decline. People built up expectations ahead of actual results and the cart overtook the horse which is rarely sustained far down a road. What we're doing right this moment is sideways, lots of it. I see a downtrend, then the market is shaking itself off like a dog wet from the rain, up down quite violently but ultimately we do not move just sideways. Im not yet decided if its bullish exactly but I will say its not especially negative for a week or so now. Keep a keen eye, heres my brief chart view:  People in the crypto trade get panic instantly for nothing somtimes even for rumors and many are predicting that Bitcoin will fall furthure and disapear from the market but that is very unlikely to happen because we see many positive things happening for the betterment of Bitcoins future so news and rumors about Bitcoin crash are just false information made by people to eliminate cryptocurrencies from the our current economical system |
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More and more doors are opening for Bitcoin these days in the financial sector and even in many industries to use it as the main payment currency for better security, reliability and convenience and that expands Bitcoin more into the business community by increasing it's demand rapidly like no other currency
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Combining master cards with the crypto world makes cryptocurrencies more convenient and secure otherwise many has to go through difficult processes and loose more money in order to buy goods or services from the market but with this options it becomes very effective because it saves lot of money and time
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Except for exchanges, BTC isn't a business. It's a currency. The huge problem being that the last time I bought something with BTC, the transaction took 12 hours to confirm. So BTC isn't like another currency...
Yes your points are right Transaction speed is a major problem in Bitcoin and when considering that factor it is lacking behind other cryptocurrencies in the market and they have beat Bitcoin but to make more benefits from Bitcoin or even Bitcoin to exist in the future without dispearing from the market for holders sake it should do something usefull and productive and that cannot be accomplish if it continue to use as an investing asset |
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the average number of countries refuses bitcoin to be a legitimate currency, formally rejecting Bitcoin as a means of payment. The reason, this currency is considered non-compliance with the principle of anti money laundering.
Main reason behind some people or criminals use Bitcoin is to launder there black money into white money or to hide money from legal authorities and that is a major point media and goverment officials highlite infront of the world when they are accusing and restricitng Bitcoin so making Bitcoin legit is nearly impossible |
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Don't eat junk food and go to the gym
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Forrest Gump is a movie launched in 1994 but seems great
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