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Its very interesting whenever I see posts like 'bitcoin is dead' or someone asking 'is bitcoin going to die?'. I ask myself, are these people really current at all. Everything we are doing in this modern world is gradually becoming digitized. We are gradually moving from the pen and paper world. The blockchain technology is full of new ideas and projects which is gradually turning the world to a more convenient place to live. Please the fact that you invested in some shit coin and it died doesn't mean the whole crypto community is dying. Trust me, if every coin will then not bitcoin. Digital currency is the new world, very soon the whole world will accept and adopt this great concept
World is developing rapidly with more and more technological investments and that is the main reason Bitcoin was invented to use as a digital currency an alternative to the dollar and other fiat money to do things better in a modernize business environment that doing things in the old , traditional way to gain more benefits and profits for workers and stakeholders in a particular organization |
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How many idiots who decided to invest in bitcoin!!!!!!!
It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....
In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.
This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.
So began a process of growth needs the infusion of more money.... They're gone.
I think the joy of endless growth to an end this weekend.
Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....
Bitcoin market is still essential to make some money even it had a huge fall and Like many investors and traders I have gone through the same loses in the past and now I hold only few cryptocurrencies at the moment and my losses in the past were huge and if I didn't have such losses even my life would be much better today but it was a good lesson for me taught by the market and other investors which cannot be taken for money. There are many who has gone through the same thing even worse than me so the best thing to learn the market and be patient until gaining a good understand about how crypto works which gives the ability to reduce losses and increase income through Bitcoin investments |
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I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy. With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency? I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself. Bitcoin can help a business most of the time specially it depends on the type of the business and the kind of expected customers the company targets and if those facts matches perfectly sure Bitcoin will definitely can help a business to grow and that is what we need right now more than anything for Bitcoin to adapt into businesses so as a currency it will have proper reputation in the financial and economical fields with better circulation than today which is limited only among crypto community members |
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The people that will benefit more from cryptocurrency are the patient investors.
Those who are good in holding for long term.
Skill of being patience have a great deal in crypto investments and I got to know that by experience even I lost many chances in the past due to lack of patience and if a traders has that with proper understanding about the market and the investing asset he or she can make real money quickly without loosing any amount but those are the things that many lacks so that is the reason why few gain profits while many loose |
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I think the time will change the public view regarding the crypto world because even cryptocurrencies are advanced in many ways than traditional fiat money still the world doesn't like to change there businesses and financial transactions into cryptocurrencies due to unfamiliarity but things will change with the time and meanwhile what we can do as a community is be patient and spread the good word about digital currencies and the community
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No matter how many currencies flow into the crypto market no one can take Bitcoins place because the name, price and the demand it has build over years are hard to achieve by other currencies in few years time which makes Bitcoin unbeatable in the market but everything can be changes in the future if a new invention comes to the world that has the ability to make a radical change than Bitcoin but so far Bitcoin is holding it's place
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Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ?  There are some ongoing discussions between the current government and the central bank of Sri Lanka regarding the public growing interest to use crypto assets into there business processes and I hope that this will not continue further more to make some regulations or restrictions to people who use crypto assets because if it happens that will be a huge problem for the crypto community in Sri Lanka and it's members |
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If we turn Bitcoin into a tangible or physical currency it may seems like Bitcoin will become more usable but that makes it difficult to use and the security and safety will be terrible because it won't be on the BlockChain anymore if we make Bitcoin into a physical currency but first we should think do we really need to do that in order to make Bitcoin more usable because for an Example the train ticket was issues as a paper but in many develop countries there are digital systems for that and it has become more usable and convenient than a paper so making Bitcoin a paper currency will not solve the problem we have right now the best thing to do is promote it and use it often to make it accessible popular in the world
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Main reason some say that Bitcoin should under go regulations because many thinks and believe if Bitcoin become mainstream currency in the world because it cannot be controlled by anyone financial crisis can be happen due to the rise of Bitcoin and it is a major thing that every once discusses in current world and it can happen but making Bitcoin under regulations will make barriers to bitcoin users and the benefits we gain from bitcoin will be limited
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Like many investors and traders I have gone through the same thing in the past and now I hold only few cryptocurrencies at the moment and my losses in the past were huge and if I didn't have such losses even my life would be much better today but it was a good lesson for me taught by the market and other investors which cannot be taken for money. There are many who has gone through the same thing even worse than me so the best thing to learn the market and be patient until gaining a good understand about how crypto works which gives the ability to reduce losses and increase income
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We cant just ignore those words because we should admit the fact that Bitcoin has faille as a currency in the first place and it has become just a investment asset in the world for people to make profits by buying and holding until the price increase due to demand so it is becoming useless in the business world and many are understanding that and that is why people are leaving. I hope this will change in the future for the betterment of Bitcoin
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Property investment is great but no one can earn like bitcoin investments because the value and demand it will gain in the future is much higher than today so it's always good to invest some amount in Bitcoin for the future but please understand unlike property Bitcoin investments risk level is bit high because still it is new to the world and still expanding among communities but if you are wiling to take some amount of risk there is more chance you can make huge profits unlike even property investments so its always up for the investor to decide
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Bitcoin to be a global currency is difficult than it seems because Bitcoin isn't regulated or accepted as a legit currency any where in the world so many consider common laws and regulations doesn't apply for Bitcoin which is why in world some countries and individuals consider that as a illegal currency so to achieve it's target as a global currency seems little difficult in the present and if Bitcoin is going to do that even in the future above points should be fulfilled properly
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Bitcoin will survive no matter what great coin come to the market because its users will never abandon it thinking it is the best currency in the world so it is because demand and existence of a currency is determined by the amount of its users and how well they use it and because there are many users for Bitcoin we can easily say Bitcoin is the kind of crypto but what will happen in the future the time will decide
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People in the world got everything wrong about Bitcoin and cryptocurrencies because Bitcoin doesn't need to be the only currency in the world and it is not Bitcoins idea either it's main idea to be used as a common currency beyond barriers to make transfers quickly but it doesn't mean that all fiat money will be replaced with Bitcoin so the picture idea is a useless one
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Bitcoin investments are for experts and not for panic sellers or buyers and if someone doesn't have those qualities then better to move for other investment options because many newbies are coming and going after loosing there money in exchanges due to lack of proper research about the investment they are going to do in the crypto market. Unlike other investments the crypto market has huge price variations in a short period of time so one mistake can be turn into a big loss instantly so the investor should have a thorough knowledge about many things
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Bitcoins usage makes different kind of business not the Bitcoin itself.
Well of course there are so many projects and ICo and crowdsale today because of Bitcoin and they are showing to the public different kinds of business but the thing here is Bitcoin has a worldwide features that can be used to almost all types of business.
Regarding to the mechants that accept btc as a payment, we can't tell how large the cap now but we're sure that the numbers are growing and other merchants don't accept btc as a payment because of the prices high ups and downs. If this become stable, this will be another story.
Future of Bitcoin will be much diferent than today how we use Bitcoin and it is true that most merchants and online businesses hesitate to use Bitcoin due to the unstable price but if this situation changes in the future definitly Bitcoin will be used widely and will not be another Business option for Investors |
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Bitcoin is not a legit currency because it lacks approval from the government. The government has no control over Bitcoin as it is a decentralized coin. They have no knowledge about its creators and developers. So naturally the government wouldn't want Bitcoin to be utilized as a currency in the market as it has no legal authority over it.
Bitcoin isn't a legit currency because the government cannot control it and also because of its limited supply. Also bitcoin holder doesn't pay any taxes also the bitcoin or any digital currency is not that stable. Not goin under formal regulations, not paying taxes for local and international transactions and mainly absence of a centralized authority are main reaons that Bitcoin is not becoming a legit currency ever and even it need to be a legit currency now there is no way to do that because even now no one to take that resposibility behalf of Bitcoins future and growth which can led to significant problems in the future not only for Bitcoin but for the entire crypto market |
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