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Indian government has not yet announced such statements officially.They are totally confused about deciding legalization of bitcoin.Early,they had such idea.But latter,they took a U-turn in their decision and formed a committee to discuss about legalizing bitcoin.Already,indian economy has collapsed due to demonitization and high GST taxes.I think that government will not take any such steps of banning bitcoins to get criticized once more.
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More people feel happy on seeing bitcoin's price rise almost crossing $7,500 immediately after CME announced about launching bitcoin contracts.But we must also consider that in bitcoin futures,bitcoins would be sold in contracts and it is cash based.Bitcoins could be delivered at the expiry time of the contract period.This may give a big room for speculators to manipulate the bitcoin price.This was the same thing which happened in Tulip in the seventeenth century.Analyzers say that the same thing could return even in bitcoin.
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Definitely,western countries should learn a lesson from japan in regulating bitcoin.Japan has legalized bitcoin since april and no issues has been encountered till now.Its very disappointing to see that western countries have not followed japan.Even other asian countries too try to follow china regarding bitcoin and they don't follow bitcoin.Japan has helped for progress of bitcoin by legalizing it and it has added itself in to main stream of development in the crypto world.
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Stupid people paying $20 to send $60 of core btc coin.
Wake up Stupid People!!!
Core BTC coin is BROKEN!!
113403 Unconfirmed Transactions
Segwith Fix absolutely NOTHING!
Use other coins to send , don't waste money and don't be stupid like core thinks you are.
WAKE UP!!!
You better wake up first.Lots of transactions are stuck due to fake transactions spamming the network deliberately.Some chinese mining pools voluntarily mining empty blocks.There is nothing wrong with the core team and there is nothing wrong with segwit activation.Every thing was working fine and every transactions were confirmed fastly after segwit activation.If any one is to be blamed,only the miners have to be blamed for switching temporarily to mine BCH.The chinese miners don't have any moral values.This transaction would be very soon sorted out.Just shut your mouth,you mouth piece of other alts. |
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UPDATE!! Truckcoin Pre-ICO sold out in a day. Now headed to ICO running through from 1st-31st December 2017. Make sure you get in early to avoid missing out AGAIN!!![/size][/color][/b][/center]
That's really a great news to hear.Hope that most would not be willing to lose the ICO sale the next month.Pre ICO coins of 3,00,000 just sold out in one day.Good luck for the project. |
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I could understand your feelings on seeing the ongoing fight between BTC and BCH.Some would be thinking of better to invest in some alternatives like ETC,Monero,etc.But they are just alts.they have not delivered huge results in the past.Better just hold your bitcoins as BCH price is fastly dropping $1,167 and at the same time,bitcoin price rising to $6,550.Switching from BCH to BTC is going on.
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meh, i think we may still see a little longer downtime in bitcoin and pump in bitcoin cash. the FUD machine has not yet slowed down. it takes time for the recovery too, it won't happen over night. according to https://fork.lol/pow/difficulty bitcoin cash had a difficulty jump but it seems to me that it still has lower difficulty than bitcoin despite having higher hashrate which is a big weird. i assume as soon as soon as it stops generating 40 blocks an hour and starts a normal 5-6 blocks per hour things will go back to normal with miners coming back to bitcoin, bitcoin cash whales dumping their pumped coin and panic spreads leading to FOMO buying bitcoin. it is a good idea to start buying though. at least some small amounts of BTC and watch out for the bottom and the reversal to jump back in full. You are right but normal people will not consider such technical aspects normally.What they would see is a coin just rising in price,immediately they would jump to it dropping their holdings and when the newly bought coin faces a dip,once again immediately they will sell it and return to their older coin.This was which we were witnessing during the past and it would continue in future too. |
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BCH has fallen now to $1,215.I think that roger ver has got himself tired of pumping continuously and that's why,BCH price is facing a decline.In the mean time,bitcoin price has recovered from $6,056 to $6,242 now.Roger ver and jihan wu were responsible for BCH creation.Now,Jihan wu has started to speak in a different tone.
Once again,its going to be proved that bitcoin could not be replaced.
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Definitely,most people are buying today crypto currencies,especially bitcoin due to FOMO and they just don't have any clear idea about the coin they are investing and how it performs,what does it promise to deliver.They just see the price rising and buy it in a hurry.
But still,there are people who analyze very well about their investment and even there are people who just analyze,analyze,analyze and don't even buy anything.We could say those people who thought that its too high to buy bitcoin at $1,000 early this year and now,still they continue to say that its too high to buy at $6,000.
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I would just decide to buy a bitcoin and stay cool as its price has tremendously increased in the past months.Before investing in mining,we have to consider lots of factors.Main factor is that we have to ensure cheap electricity.Otherwise,it would be useless to buy an ASIC miner and mine.It would be a total waste of time otherwise.
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I depends on the market situation, for now, i think btc is a good choice, it is at a low price, and may born its 3rd son very soon.
BTC does not have any son or daughter.Its just king of crypto currencies.We are now already in the middle of november.If you are mentioning about the end of november,then bitcoin would be the best choice.Due to BCH pumping and many people switching to BCH,bitcoin price is now just $6,011.I hope that it would be the last time to buy bitcoin at such a lower price within this year.NOw,with BCH being,BTC price is expected to increase once again.So,just buy it now and by november end,BTC price may even cross $7,000. |
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We could not even term it as a bubble.It could be turned as a bubble if it has lasted for a considerable period of time but,BCH price increase has lasted for just 3 days.It has been pumped high by its supporters to reach such a price.It has started to lose its value in the third day itself.It could be termed as the best example of how a pumped coin would rise high soon and immediately start to fall at a high speed.
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BCH switchers have committed a grave mistake.BCH price is falling down rapidly.It all happened due to the combined attack by BCH supporters pumping BCH price high on one side and miners switching hash power from BTC to BCH which made more users to think that BCH might replace BTC.Feeling sad for those who had lost due to investing in BCH.Better now to sell immediately BCH and buy bitcoin since BTC too is now at its bottom price so that the loss might get compensated when BTC price increases vigorously.
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Just stay cool gentleman.Despite all of their masterplans,their efforts have gone in vein.BCH price has now fallen to $1,288.That's really a great news for the bitcoin community.
BCH supporters planning was very nice but sad news for them is that bitcoin price is beyond the reach for them.If they had tried it earlier during creation of BCH,at that time,bitcoin price was also low.Don't know why Roger did not execute this plan at that time itself.I thing its a wrong timing.
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Bitcoin is the pioneer in crypto currencies.Only the altcoins are in need of bitcoin and not bitcoin.Bitcoin would continue to survive.Those who now buy and trade altcoins would have no other option than buying and trading in bitcoin.Bitcoin demand would increase and hence its price.If there are no altcoins,then there is no room for diversification of investment and so all would have to invest only in bitcoin.
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I want to know your thoughts about Bitcoin and Bitcoin Cash. Is Bitcoin Cash really going
to take over the No. 1 spot?
The BCH supporters expect it to happen within the next six months.After segwit 2x cancellation which its supporters believed that it would replace bitcoin now find pumping BCH as the only way to remove away the crown from bitcoin and keep it over BCH.That's why this vigorous pump is going on.It seems that almost 70% of BCH trade is being done in the korean exchanges. |
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There is rumor spreading around the market that Amazon would soon accept bitcoin payments.Amazon users had been petitioning its CEO to accept crypto currencies.
Already,Overstock.com is a big online retailer accepting bitcoin since 2013.Amazon will not be willing to lose its customers to other online retailers deliberately.
Its recent registration of three domains in the name of cryptocurrency has made the matter more hot.Even if it announces bitcoin payments to be accepted,still it would take years for it to implement it.
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You have not given any reason for terming bitcoin as a failure.Bitcoin is not a failure and if its a failure,it would have not crossed eight successive years.We have already come across hundreds of such obituary of bitcoin.But every time,bitcoin proved itself.Those who still say bitcoin as a failure,either they should be promoters of BCH or they would have some interest in altcoins.That's why,they show their helplessness in this way.
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Earlier,they said that they want to make bitcoin decentralization true by changing the mining algorithm so that BTG coins could be mined even with GPU systems.This huge delay in releasing the official wallet and now the criticism that they have premined the coin more has made every one clear of their motto that all groups which do hard forks do not do it for the progress of bitcoin and they do it only for their benefits.Same is the case with BCH which was mainly supported by Roger ver and Jihan wu.
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It seems highly impossible as bitcoin as well as other crypto currencies are still totally unknown by majority of the world population.Also,fiat currencies are issued and supported by governments and so there is no way for them to disappear from the market. But one thing seems clear that in order to counter attack the arguments of criticizers of bitcoin like jamie dimon and other CEOs,these statements might be a little bit useful.Whether its possible or not,if such statements coming nowadays create a positive image about the bitcoin just like other CEOs tweets creating a negative impact on bitcoin price,then such statements are almost welcome atleast for that reason  |
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