Both were used to mention bitcoin as well other cryptocurrencies. From my understanding digital money is the digitized form of our fiat. It has got the physical form and for convenience this has been given a digital copy. Virtual currencies were the one that can be felt virtually, one cannot hold it as if having fiat currency in hands. The state of value is present virtually.
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People has good hope on bitcoin, in short user who has the better knowledge about bitcoin will benefit out of the same. The users who were in a dilemma whether to make an investment over bitcoin or not were the one who doesn't have the hope, but will remain depending on luck.
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Bitcoin is the base for each and every activity happening with the cryptocurrency. It is clear that each and every cryptocurrency has got dependence over bitcoin as well ethereum. Going through the growth chart it is clear that altcoins grow when ethereum or bitcoin grow. With the recent price fall each and every altcoin has fallen low. If there is no dependence those altcoins would have stayed high.
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Cryptocurrency investment is always been a risky one due to the fact that its market price volatility but if you are willing to take double risks, then investing them both is a good idea. The more types of investment you have, the better chances of earning profit too.
Agreed, it is highly a risk involved investing into cryptocurrency or on the ico's. Both has got the potential to yield a bigger profit, and it is purely upon the study about the respective project or the growth of the respective coin. The higher risk one can take lets him profit the best which is the truth in cryptocurrency related investments.
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While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.
have a lot of problem because of greedy when i'm trading after profit i always still trade and never happy with it. but don't know greedy, people can't always resist than when it is come Being greedy is common with each and every user. Even when one is greedy, if the user has got good luck he'll be earning the best through it. Majority of the time rather than greed, the mistakes of the user in analyzing the market is the one that leads to loss.
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I don't find this to be an usual price move. Some external factors with the support from several business seems to be manipulating the entire cryptocurrency. The emotions and mood of the common man will think in such a way. There were several other factors affecting the life.
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I don't find this to be the weak time for Cryptocurrency. This looks to be the time of massive corrective action. Based on this the price of bitcoin seems falling low when it is predicted to reach above $15000. Moreover the strength of bitcoin is in the hands of each and every user who on trust make investment over bitcoin and other cryptocurrencies.
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I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.
My country Bangladesh.
Apologies if this is not the right place to discuss. Thanks in advance.
if your country forbids bitcoin to be accessed and to conduct transactions I do not think you can do anything much of the country that prohibits bitcoin accessed in the country by reason of the background crime factor it all Bangladesh is one of the country that made a ban over bitcoin. Even after the banning of bitcoin people continue to use it through different ways possible. But, what they were doing is high risk involved. If you've some friends who are trustworthy residing in bitcoin supporting countries you can make use of it through them.
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It never gets collapsed, at times when there is a price manipulation the market gets shattered. This will generate a panic wave among the user community creating a downtrend of the market. This is quite common thing as people were not in a situation to accept this when price falls steep in a short.
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The game hasn't begun yet, what's happening around the network is just a beginning to the future change. Right now it might look something like a commodity that got its existence from the technology. The game gets interrupted for further updating which gets spread in the negative manner that the game is over. When people begin to realize the change the game becomes more popular than ever.
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People moan, because it is predicted to grow much higher in value. By now it is supposed to go higher than $25000, but things have gone out of prediction. This makes the users think about missing of the chances to profit big and that's the one major reason for users moaning.
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I don't think that the price keeps on going low. From my personal thinking it is a kind of scenario that is common with the cryptocurrency network that has taken place in the past years. This time it looks big, because the price began to fall low from the peak value downwards. Also in between when it was predicted to cross $10000 it rolled downwards.
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My first experience of gambling with bitcoin was few years back when I came to know about bitcoin and its usage. I used the directbet.eu for the gambling needs. As I was much into sports betting it gave me the ease of accessing. By those days I got random wins and losses which left me intoஅட aaddiction for about an year. Later realized my situation and stopped with periodic involvement on special events.
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This is a good service, and from my side I suggest to open an online store that accepts bitcoin. What you initiate at present in small scale will get you good income long term as the future is gonna completely functional over the blockchain technology which is the key for our cryptocurrency.
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Not the ethereum, the entire cryptocurrency network is on the downside. Expect the recovery shortly, all that happening is just a manipulation from the whales. Panic gets prevailed among the user community, which is quite a common fact. No worries, recovery is assured.
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We cannot do anything to rectify it. People can learn only from their mistakes or should have the mentality to have a clear research prior to the active involvement into bitcoin or any other cryptocurrency investment. Maybe it sounds little difficult to understand, but putting little effort will help know the reality and move further.
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It smells to be a manipulated growth from some experts prediction. Maybe in the early days it might have taken place, but now the scenario is different with more and more people making investments over ethereum supporting the stabilized growth. Along with the same majority of the altcoins using its platform makes ethereum get stronger and stronger to hit bigger values than the attained ath.
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People just reveal statements without thinking about the users who have invested into it and making a life through the same. They just indicate it as a bubble or as a value less asset. Being speculative, bitcoin frequently undergoing large scale fluctuation due to the negative statements that's getting revealed relating the bitcoin community.
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I think it is very possible. Anything can happen. Technology is changing daily. I red that trade by barter was a means of exchange in the world before. From their to using of cowries as an exchange currency. After this, the world moved to using fiat currency as a means of exchange. There has been a lot of changes over the years. Who says bitcoin cannot the first world currency for buy and selling?
They will surely take interest in bitcoin, but in fact they do not have any knowledge about bitcoin or other cryptocurrencies, I am sure that once they will get knowledge about bitcoin or other cryptocurrencies, they will surely like to invest money in bitcoin and will also like to use it for trading and shopping etc. Interest upon bitcoin automatically comes to an user when he wish to be a part of technology and have the willingness to earn good than the traditional investment opportunities. Cryptocurrency usage around the globe is very small compared to the fiat usage, but the same is expected to reach around 20% - 25% of the world's population by 2020.
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Scammers can be seen all around, and bitcoin is no exception to it. As each and every activity related to bitcoin takes place through the internet it is easy for the scammers to make people fall into the trap. To stay away from those scammers we need to analyze the particular project in a better way and one thing need to be considered is the luck. Some looks perfectly legit and at some point they scam us and by that situation we cannot do anything.
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