With a broader scope of of sources of information, one can easily debunk news such as these. But just like in every other market, there are lots of noobs who are easily influenced by shills and FUDs, and they may be the target of this publication. That's why this forum is helpful for analysing media reports, snd protecting our common interests.
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Organizations that were planning to launch their bitcoin-based services have delayed their projects or scrapped them entirely.
Any organization which falls into this category was only attracted by the hype that the high price created, and were interested in sharing in on some of those profits. We need industries interested in developing this industry, the Bitcoin network.
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The relevance of the forum is not determined by the number of users active or posts being put out, but by the number of quality content and healthy discussions being had which grows the cryptocurrency knowledge of the community, which is the goal of Bitcoin forum. The most active boards are not the ones I frequent often, but rather those that interest me, and from which I can learn a few things.
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Judging from the price trend since the surge, the $4k mark is looking like the resistance level. The charts has been hovering very close to it but unable to break upwards. We should be looking at a bull run when the price breaks through that resistant level.
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We can agree that the environmental hazards which results from mining on PoW algorithm is quite exaggerated, maybe due to the skepticism which already exists around bitcoin from the public and what the media puts out. But going green is a solution that can help both parties. Environmental degradation should not be taken likely.
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The general advise would be not to get too excited. What matters is how you react, considering the prolonged bearish period interested investors would have already bought up as much as they can afford with spare cash. Do not fall victim to FOMO. Let's keep monitoring the market for the next few days.
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Volatility is the top reason why this is not being exploited by freelancers and their employers. Also, there's the issue of bitcoins legality in the different states. It is possible to own and transfer bitcoins even in countries where it is illegal, but not every business or company would want to get involved with that.
In a couple of years. And with reduction in price fluctuations, bitcoin would be more popular as a means of payments globally.
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I am very positive of huge leaps in the price in the coming years. There is a very limited supply and as such only a certain amount can be in circulation. If bitcoin is to be used as a global currency, the price has to grow enough to allow it that even one satoshi would has a significant value to enable circulation.
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People tend to trust the source of the app. If for example it's from play store they believe it's legitimate for it to pass their audits. Permissions granted to sites does not constitutes a big risk in my opinion, buy we need to read through before allowing and rejecting any permission requesting really direct access.
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It is looking too far for now but i'm also saying bitcoin and whole crypto market is here to change all financial institutions completely.
Bitcoin? Probably. Altcoins? No! Bitcoin is the only currency which I predict would survive, as a currency and a means of exchange. It could possibly outlive fiat currency as the world looks for a global currency to unite all states.
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Even after Ten years still Bitcoin is used by Geeks and majority of common citizens doesn't seems to use Bitcoin as a currency or even for trading purposes
I do not agree with this, majority of bitcoin users are not geeks or nerds, I know I am not. Of course majority if common users don't use bitcoin cause there are billions around the world and bitcoin has not gotten mainstream yet. Basic understanding would suffice for anyone interested in simply owning bitcoins, this does not qualify them as geeks.
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Unfortunately, I can't in my country, cryptocurrency is not accepted by my government and is hence not so popular. Not many outlets want to be associated with it. Approaching would be good, and would tell this companies that the community is ready for Bitcoin payment option. I do not gamble, I would be more interested in online shops accepting Bitcoin.
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Does it depend on how fast you want your transaction completed? i.e, if I try with a specific amount it would be slower in the day than at night. Or is there an amount that would be too low to get a transaction completed?
This study shows that majority of miners are situated in countries using 'UTC' timezone or a very close time range.
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It depends whether you are engaged in long-term investments or day trading. As an investor, you must a times have to wait months or even years for return on Investments. As a trader you are targeting quick profit, and would make do with little gains and grow gradually. A longer term trader/investor, expects larger profits considering the period of waiting and speculating.
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Language barrier should not be a major issue, as far as one can communicate effectively for readers to be able to read through whatever errors the write-up may contain, then the message has been passed. It would be also be impressive to see progress in a users grammar over time, it shows effort and should be rewarded.
Learning a new language is not an easy task, hence there are local sections where one can discuss in their native dialect conveniently.
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I do not listen to the FUD of financial experts regarding bitcoin and other cryptocurrencies, same way I also ignore their shills. This is an adoption of the blockchain and not bitcoin, and they are modifying it to be centralized and controlled, nothing to get really excited about.
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I will be checking up at the closest store to me, I figure that demand for bitcoin as a means of payment drives merchants and stores to accept it as there is already a community waiting to use it. This is a welcome development, hopefully we have more companies accepting bitcoin. This is also a plus for lightening network.
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Government interference is one of the key limitations to growth of cryptocurrency and blockchain in Africa. In Africa for example, the government has declared bitcoin and other digital asset unregulated and goes on to advise against it's trades or circulation as anyone engaged does so at his or her own risks. This sort of stand would dissuade majority of the neutral audience and also willing merchants from accepting cryptocurrency
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Do not rate bitcoins network using the price bubble of 2017, it was unsustainable at that time and was setting up to burst. The market is at a new phase now, I do not think there is no future for BTC, it costs more than $3500 pee coin, this is averagely higher than all other years except 2017.
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Being informed is the best way of protecting oneself, ignorance is a very useful tool in the hands of scammers. Regularly visit the Scam accusation board for ICOs or accounts which has been linked with scams. Adopt the highest level of security for all your accounts, especially those connected with finances.
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