I quite remember most of us praised the Ethereum foundation for their development of ethereum and integrating the use of smart contract which allowed people to create their own tokens for their activities. I think this freedom is now being exploited by many hackers and spammers as they just create shit tokens and move them over. I am not all into the technical stuffs but i think the developers need to do something about this, a whole bunch of shit tokens are being created everyday and this is not good for the industry.
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I saw this on television last time and i think it's a great initiative on the part of Akon to be putting this whole idea of making cryptocurrencies as a mode of payment. Crypto sometimes i belief would serve to relieve most African countries from financial corruption from government officials. This is a huge development and i hope Akon has planned it through to see it happen just in case the unfortunate happen and he had to leave the project. Some people behind the scenes might take over and not see to the completion of this development.
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I dont think we still need to promote it. There are many services that you can use Bitcoin even paying your bills right now depends on the country and they are many online store accepting bitcoin mode as payment . What kind of advertisment you still want to see?
I don't know where you are from but there are still people who don't know much about bitcoin and most likely the few ones who have any knowledge about them see it as a fraudulent investment plan. So yeah, there is still the need to clear this negative and narrowed perception about bitcoin and also encouraging sellers to integrate the use of bitcoin as a payment method.
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It's a big pain in the butt when the price o bitcoin increases as soon as you sell your portion of it but in your case i think you still have the opportunity to buysome and hold it as bitcoin halving approaches. Bitcoin price is likely to double with the halving approaching so it's going to be a good plan to earn some profits in this regard.
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This halving is surely more looked over than the last one. 2016 halving created the largest ATH ever in bitcoin price. The last one in 2012 was also followed by rapid growth. It's too unique event to ignore, at least for me. hahahaha...bitcion halving is surely a historical event that occurs every four years and i don't think anybody can ignore that but i think the reason why this year's halving is being talked about almost everywhere is the growth of bitcoin since its development. over decade we have seen so many negativities being said about bitcoin yet it kept growing and more countries have started permitting it use. Combining the factors of increased adoption together with bitcoin halving this year is really going to be a great one in this industry.
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Bitcoin block reward halving has a positive influence on bitcoin as it further reduces the amount o BTCs that are rewarded hence decreasing its supply yet facing the same increase in demand. The reason why this tend to affect the entire market is because most o the altcoins fall under the dominance of BTC and that is why the entire market also tends to increase in price as BTC keeps on rising. This is clearly being seen at the moment on coinmarketcap.
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Frankly speaking i also don't know of any said legal rules and regulations regarding the use of cryptocurrencies in the United Kingdom but i fear that once these speculations have started rising their government is likely to go hard on anything related to cryptocurrencies. However, i hope they don't ban its use and investing into it completely but at least some rules to get fraudsters and scammers in check is fine by me.
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Bitcoin Chart is one thing i would not encourage a newbie like you to read because you are definitely not going to understand anything in there. Or might end up misinterpreting and predicting wrong candles. Leave it to the experienced crypto analysts to do it but don't execute your trades based on their findings alone. Do your own research with every trade signal they give.
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Apparently, the OP is right bitcoin transactions are expensive and also takes time to complete but since it's the most popular and widely used cryptocurrency most marketplaces have chosen to accept it. However i know in the upcoming years we are likely going to see the adoption of some major altcoins such as ETH, TRON as well.
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That only happens when the meme pool is clogged as a result of mini BTC bull run. I quite remember we witnessed this somewhere last year when the pool was so clogged with unconfirmed transactions. I think the price of bitcoin was around $13K by then, i had to pay $3 to complete my $150 transaction lol. It's still cheaper than in fiat transaction so no hard feelings at all.
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Thanks for the quick notification @OP. i remember i also saw this Ethereum Classic Vision hardfork and initially i thought it was legit as the bounty campaign was done by several participants in here until later on they came up with the plan to swap. Right then i advised myself and a couple of friends that this is a total scam and they should never oblige to such tricks. it's good the Ethereum Classic team have come officially to speak against this issue. I hope newbies don't get caught in this scam though
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In 2019 alone Eth network has came up with many improvements and upgrades, i agree that the progress has been somewhat slow but we have to understand that it is a complex procedure and good things take time, personally i am thrilled about eth's future as i think it has the potential to become the top and the best coin.
And what real value has these series of developments brought us What the Ethereum foundation needs to do is to cut down the supply of their coins per each block or perhaps give a maximum supply of their coin so that the value of ETH can grow. We have been sitting within this range for far too long. This does not bring any investors on board. Ethereum is a great cryptocurrency and has several use cases more than bitcoin so why is it lagging so much behind.
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Forks are just another route for people to make shills about some ideas to increase their profits in this industry. nothing really comes off them after a while. Consider all the forks of bitcoin, how many of them ever got to even 50% of the marketcap of bitcoin. None! rather they broke away a substantial marketcap of bitcoin for no real reason other their own greediness. Forks are not the best for any blockchain network. It's better we stick with the original one or the community agrees to undergo a soft fork.
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Thanks for giving us all a heads up with this new trick. We can all fight these scammers if we report them on time. At least majority of people would not be affected if we report them as early as possible. What newbies need to be careful with from now onwards is that there is no easy way to life. The days of earning free money is gone so they better sit up and start working hard to making their own money.
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I don't know why Craig Wright kssps on making all these false claims yet with no proof and anytime he gets the media to get him in the news . Funny enough he wants Bitcoin SV to take over bitcoin, i mean how possible is this going to be lmtao. Don't know about y'all but i guess is best we ignored this dude and all other fake personalties claiming ownership of bitcoin. They are all yawned at!
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The competition is getting keener with bitcoin halving just around the corner. This is likely going to increase as the days go by along with the price of bitcoin. My worry is that i hope the meme pool of transactions don't become clogged when this mini bull run kicks in because it leaves us to pay higher fees at the end of the day when making transactions.
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Seriously folks? Is anybody hearing this dude out...you want to create the next big thing in the crypto industry and you have no clue as what you want to do Well i suggest you sell that domain back and think about some of the obstacles opposing blockchain adoption and think of possible solutions in overcoming these. Once you have this in mind you can state your ideas in here and i am sure you will find help by then. Just posting a domain does not prove anything.
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were you paid to do this @OP. I have never heard of this exchange before and I don't think it's statistics can be compared to Binance. Not saying Binance is the best but at least it is one of the best exchanges in the crypto industry.
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I don't know why this question seems to be asked several times over and over again yet carrying the same theme. China may not approve of Bitcoin but the cost of energy and other expenses required in setting up a mining rig is far cheaper in China than any country hence the reason why most mining farms have set up there
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When are you newbies going to learn lol, these coins have soared higher and have seen their moon days already. Also they are expensive and would take you long time to get x10-20 rise. Look out for any upcoming projects with good use cases and those are likely to bring you great profits in future.
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