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This is unpredictable. But you can assume for your own reference, like, if the time comes that the price drop below $10,000 for sure people will sell their coins, while big investors still remain holding theirs, beginners surely panic of the little drop off, but it is normal to feel that way, which is cause of a little by little decreasing of its value. But bitcoin is strong enough to crash down.
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I guess if politicians are open to this kind of business maybe they will be into this, why? because if they keep their money into crypto who will know that they have this kind of investment, an amount keep from the eye of tax payers, first of all there is no way to trace your transactions point to your name due to its special features. So maybe there are lots of officials who are into this who works silently, who knows they might be one of the big whales around.  |
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You should enlighten them first on what and how your gift works because they can use it in wrong way. But you have plenty of time before December 25, you can show them how thing works with bitcoin or any crypto you love to give to them, then from there you can figure out if he or she is into crypto, if he is interested or you just waste money for that.
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There is nothing to worry about, because first no one will buy bitcoin all and keep it to the long run because even whales know how to play with this business.
~~
The btc you have will grow more in value if the price of each BTC increases, regardless of how much BTC is that.
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Bitcoin began to be accepted as a means of payment in the Just Eat restaurant delivery network in France. Users of more than 15,000 Just Eat food delivery restaurants now have bitcoin as a new payment option in the franchise's mobile application, in addition to credit cards, PayPal, cash, among others.
On the website of Just Eat France, a subsidiary of the British-Dutch consortium JustEat Takeaway, the steps to follow when choosing to pay with bitcoin are specified. As a prerequisite, the user requires access to a bitcoin wallet on their mobile, Just Eat says in the instructions. "To make a payment in Bitcoin, you need to create a cryptocurrency digital wallet by downloading special software or an application."
In many countries, everyday applications use btc and eth as a means of payment, an example is in Central America that they are creating startups that are all in one, that is, combining services such as uber, uber eat, exchange and others and accepts payments in btc and eth
This is amazing, they are making bitcoin as "local" thing, this is a great step to make bitcoin more popular, but I just wonder how was the transaction delay or its verification and its fee? or is this JustEat restaurant is a big resto that offers pricey to not feel the fee on paying its bill?  And how about the value of bitcoin, does not affect the business at all? |
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Since the corona pandemic I have been using mostly my credit card for payments. In 80% of the stores I paid with cards, but there are still some small stores like the bakery where it's common to pay with cash. Also there are still some people in my country who have no bank account or credit card. I think we will see a shift towards a cashless society more and more in the next year, but to completely stop using cash we are not ready yet. It's going to take some more time.
I also use credit card for buying groceries. Its more convenient for me and less hassle because the line for those who will pay cash and credit cards are different. But since the line for those who will use credit cards are few, its fast to get done. Nevertheless I think going cashless wont be easy to people who used to fiat, specially for small transactions like buying a portion of bread in small store. In terms of conveniently, no wonder credit card is the most on top for cashless transaction, especially we know that bitcoin is that popular for groceries or common stores. But in our situation now, physical distancing is utmost need, I think cashless--whatever form this may be- can help us a lot to prevent from getting virus. But to understand the small time business we need to consider, maybe exact amount will do and help you too away from the virus. ~~ But to be honest using bitcoin for small transaction will make your headache. |
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Indeed. Developing countries might have more successful businessmen, programmers, entrepreneurs, etc., If they all have a fast internet connection. Having a slow internet connection or having a bad Internet service provider will not give you enough opportunities to keep yourself grinding in the world of crypto or your online business because you will only get limited access or will slow you down to keep your job done.
Now we have quality internet connection in every nook and corner of the world. Earlier, the internet users were dependent on broadband connection. It was expensive and the coverage was sparse. But with the advent of 4G, cheap mobile internet became available in remote and isolated regions. But in order to develop successful businesses, a fast internet connection alone can't do the trick. You also need skilled workforce, government support, good connectivity.etc. good conectivity and fast internet is the same but you said internet speed is not the basis of success which is also true because there are people on far locations that are still succesful on their career and there were people that grown in a good life but they are uneducated or unemployed . the way you said connectivity, maybe you mean connections to other people .connections are also essentials to success because you can ask people or people you know can recomend you if they see that you have a skill on that area . Maybe in the world of crypto he mean for that, because to be honest internet connection is the top requirements to avail, to access and to connect to this kind of business. For me, having good internet speed or connection can make me more enthusiastic to this kind of business because I can see a great future on this. When this pandemic starts, almost people look for other way to earn money, because most of us cannot go to work or lose their work. If you really dig in, you can see there are lots of opportunities behind this, all you need is patience and more understanding. |
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As a newbie in crypto, I will also feel that "what is this?" "How do people earn from this?" because bitcoin it is not introduced by just whoever that you come along the road or your teacher or your parents. It is something that you should really give time to study or understand with. In fact when I was starting my journey in this crypto world this just blew my mind on how this thing work and grew without noting by many.
This is something that you need to dig in, but it is not hard to understand, dig in because for you to lighten up your so much questions, because there will be more questions after a question.
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To be honest bitcoin is not that easy to handle, to think the transaction fee is a bit higher to spend small amount for online shopping. But the advantage of using it privately is completely solid since no names, birthday or whatsoever information needed from sender and receiver.
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This is not just a lesson for you. Actually this must be read by every single new into this kind of business because as you can see now a days there are many people trying to convince as to something too good to be true just to scam other people. I hope every time you make a big decision you must not just stick to one person or you just believe on what they say, you should make your own research that can make your decision stronger, especially to coins that are not that good enough. Many people try to fool others.
I guess trust issue will come out to you because of this, right? That is better than to make another mistake. I hope this will not happen to others too.
Good luck to your next trade.
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For real? Nah. People are collecting and investing their bitcoins so who will start that thing? for sure no one will shows up in behalf of the users of this coin I guess. There are some other ways to use and less expensive than you are thinking or imagining, there is ads thru internet where we can use to advertise and many people can see it. Maybe bitcoin need to have strong foundation to start a rocket ship, formalize its system but thinking its decentralized uhmmm  never mind. |
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Maybe this is a good start to promote bitcoin at all, because how? if not his kind of ways? But to think the fee to spend for small amount uhmmm unless Coca Cola Company offer minimum order to use bitcoin, because surely if payee just put small amount to its transaction fee then I guess it will took days for Coca Cola receive the payment. But I believe that this company knows the good reputation and how bitcoin works that is why they engage to this kind of strategy.  Cheers for Coca Cola, hope to here more about the progression of this, of how many people avail drink using bitcoin thru vending machines. |
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Exactly, fear can hinder your achievements and even to your decision in life, but i think if you are into this kind of business or trading the fear of risking is always there, especially if your are just new and just discovering its way or strategy, and I guess it is really part of it in the beginning fear of lossing money but when you get all the techniques on this well fear will be out of your dictionary.
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Gambling is something you put money or bet in to a game, it might be small or big.
I enter to real casino once it is so addicting even I loss sometimes in my bets still I find it so entertaining which makes me feel happy despite the fact that i loss my money. Maybe the thing that we need to set up in to our mind is put bet what you can afford to lose.
But there are people who treat gambling as their business because they know how to play the game, the tricks and techniques, but most it is for their entertainment.
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I guess this OP is looking for merits because he or she wants to rank up or maybe because he is in low rank he can not join to some activity here.
Anyway getting merits is not just like a snap of your fingers "I want merits", people who are in the position of giving you merits can give you easily if your post is constructive and very informative and can help the community here. It will just come if you work for it. Many people who are eligible of giving merits can read our post and maybe if they can see that you deserve one then I guess they will.
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This initiated platform is really attracted by people like us, who really wants the financial benefits because of its offer like signature campaign which I can see most of the member here are involve and thru collecting alt coins too.
But as newbie it is hard to start and get involve in. So to start on this kind of "income/business" I found this site as so informative platform not only in terms of cryptocurrencies but also some social updates.
So this is not just for earning money benefits but learning too.
Suggestion as per my observation:
I guess the best way to earn here is thru service rendering, like if you offer website design, articles.
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Actually the real thing is, losing is part of this kind of business, sometimes we are in high and sometimes we loss even more, but if you have great mindset and understand this principle then it is easy to cope up to this.
This trading business is really great if you can manage well because unexpected fluctuation.
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Bitcoin cannot replace the value of gold since.
Gold continue to increase its value every now while bitcoin depends on the demand of its users/ investors.
But to think that gold has unlimited supply - it is a big NO because why that the price of gold increases if it has unlimited supply? Come to think the law of demand and supply and your will realize.
~
But some people appreciate the value of bitcoin as gold - we can not deny that, it's their own perspective.
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I vote 4th quarter of 2020, but I pray for earlier this year because many people are totally affected because of this virus. We must cooperate then to finish this mess of the world. This is not easy to ease, this need full cooperation of everybody. This pandemic really affects me the most because there are lots of people who are losing their jobs.
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