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1341
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Economy / Speculation / Re: Why Some Speculating Bitcoin To Crash?
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on: December 16, 2017, 07:53:34 PM
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Of course it will crash, along the way to an even higher price. The thing with Bitcoin is that there is nothing that can prevent the price from getting totally out of hand. As long as it is considered a rare asset ("digital gold") people will feel the urgency to get in before the rest. Bitcoin really can't be valued on fundamental basis, just like gold can't. This is one of the reasons it's so bubble-prone. Nobody can convincingly argue it is overvalued. I'd even argue that it being valuable makes it even more valuable.
Bitcoin is unpredictable. Bitcoin is not something we can analyze easily. If anyone says that someone can do bitcoin predictions appropriately then that is impossible. Similarly, the decrease in bitcoin prices. All that will happen and can not be stopped and also estimated. Highly unpredictable and the truth is we cannot know what can happen next with bitcoin. One minute it is up, one minute is in the correction phase and in another minute it can experience some crashing levels. We are absolutely in a world where nothing is predictable. We just hope the worst does not happen and even if it does, we will just have to see the good side of it. People do speculate positively as well about crashing too. We cannot blame them. In long run, bitcoin is always going up hence we never need to pay attentions on crashing speculations. you are right we don’t have to pay attention toward the crash speculation because those who are speculating crash are not the investor some of them are those who didn’t invested in bitcoin at the right time and some are the hatters who are spreading false news because they are jealous of bitcoin fame and its popularity and their assumption will meet end soon as bitcoin is at 19k and soon It will be above 20k. |
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1342
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Economy / Speculation / Re: Why is bitcoin price so high?
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on: December 16, 2017, 07:37:39 PM
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The price of Bitcoin is so high because of the demand of the community on having a single Bitcoin. And The main reason is investor there is so many investor in bitcoin around the world day by day btc gain lots of investor that's because the market is going to be high with limited supply of bitcoin and high level of bitcoin demand in crypto market will certainly have an impact on current price increases.
Yeah demand matters a lot and in coming demand will be going beyond limits because bitcoin impressed every single person who just knows the name of cryptocurrency and I hope that in future the community will grow more and in result price will be touching new record value all this will be pleasing for me and for other old investor so that our profit will come faster to us and the bitcoin journey to take over cash money will be faster. |
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1343
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Economy / Marketplace / Re: How can we encourage local businesses to accept BTC?
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on: December 15, 2017, 06:52:10 PM
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Now all crypto enthusiasts is a minority group and I doubt our efforts will end up with luck.
But maybe we can encourage local businesses by asking about possibility to pay in BTC by e-mailing them.
That;s what came to my mind.
The real dilemma of this present world is that there is a very huge population which are even unaware of the word of crypto currency. They don’t know what is bitcoin and what all benefits and advantages they can have in their lives by believing in bitcoin. In my opinion, if we succeed in spreading awareness amongst all those who are there in local business market, there are likely chances that they will start accepting bitcoin. Other than spreading the awareness amongst the people about bitcoin, there is one more important thing which carries more significance than this and that is the role of government and international market. If the traders sitting in international market starts accepting bitcoin, then they will also be encouraged to start accepting bitcoin. Moreover, if government is willing to take some positive steps, then things can change in a significant manner. |
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1344
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Bitcoin / Bitcoin Discussion / Re: Is Bitcoin really secure?
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on: December 15, 2017, 06:14:30 PM
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Yes! Its proven that bitcoin is very secure, there are many wallet that are able to use to have high security, we can use it what we want, but be wise to choose one because even we are talking wallet to secure our bitcoin there are also scammers, so be careful.
To seeing bitcoin, so it is definitely very much secure. If we make a comparison in between paper money and that of bitcoin, then the chances of theft of bitcoin are far less than that of paper money. Paper money can easily be taken out from your account or even snatched by the person as well. Moreover, paper money can also get lost. However, bitcoin can neither be stolen nor be lost. The security lies in the private key. |
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1345
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Economy / Economics / Re: Do you think billionaires invest in BTC?
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on: December 15, 2017, 05:32:04 PM
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I just always wonder if those billionaires still invest in btc. Do they even know btc exist?
Probably Yes, they have lot of money and there is no reason why they wont invest on it. They will never regret losing money from because money doesn't really matter to them anymore. Aside from investing on bitcoin, they possibly also make another kind of crypto coin which will allow them to have full control of their wealth. Billionaire are wise, they will never make themselves left behind from the trend specially from gaining wealth. If you know well about bitcoin, then the only thing which can stop you in investing in bitcoin is the unavailability of sufficient funds to buy the bitcoins. Billionaire are the ones who are having this much of money that they can afford investing in bitcoin. In fact, there are number of investors who are investing a huge period of their overall income in bitcoin as they know the worth of it. |
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1346
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Economy / Economics / Re: Where do you spend your money from Bitcoin?
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on: December 14, 2017, 08:25:41 PM
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Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"
I am actually not spending or selling my Bitcoin. I am into holding my Bitcoin for a long period of time. I am aiming for bigger profit in the future since expectations are high that its market value will be more exoensive in the future. So with that, holding at this point would yield to huge profit in the future. The only motive of almost every one of us in investing in bitcoin is to get some good amount of money which can help us in living a comfortable life. I do spend money not that money which I invested in bitcoin. But id spend the money out of profit which I earn from my investment in bitcoin. I use that money to meet my expenditures as well as to fulfill the needs of my family. |
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1347
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Economy / Trading Discussion / Re: did you place all your funds into bitcoin?
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on: December 14, 2017, 08:02:11 PM
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Nope, don't go all in like that, i think it's really bad ideal for you to do that . Place all in your funds in it would make you broke.
right, it is not at all a very good approach to turn out all your paper money into bitcoins. Though bitcoin is really good way of investing money but even then, you really need to have something in your account as your backup. There are still number of places where you do need to have paper money for buying different sort of things as well as for spending of money. You need to divide your money into two parts, invest one part into bitcoin while the second one. |
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1348
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Bitcoin / Bitcoin Discussion / Re: What is Bitcoin to you? Is it the same as it was when you got started?
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on: December 14, 2017, 04:00:28 PM
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For me, bitcoin is big help for those people who need a new type of investment process. In bitcoin, you can also earn money through the use of different services offered here. When I started using bitcoin, its price is around 4,000$ but now its price is surprisingly 16,000$. We haven't expected its price to go up so high this year, and because of it more people are being interested to bitcoin.
Yes no doubt that bitcoin is getting worthy very speedy, no had dreamed of it to such a high level. And it is not the end yet it has a lot much to achieve and bless its investors. The most promising is its high output which attracts investors from all around the world. The more the investors high will be its worth. Now the price of bitcoin can't be constant because due to its demand its price will move higher and higher. |
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1349
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Economy / Economics / Re: What are the biggest changes in your life caused by Bitcoin?
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on: December 13, 2017, 07:41:07 PM
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actually, i have bought a simple house because of bitcoin. I have also paid off some of the debt I have. and of course it really changed my life. I really feel that way, and I will keep trying to find bitcoin.
Yes its mean there is no doubt that bitcoin is improving the life standards of people and help people to modernize themselves. I am myself feeling a change in me, afterwards when I started using bitcoin. Bitcoin totally change the lifestyle of a person, who starts using it. I think bitcoin is a best option for someone to use it, bitcoin not only give profit to its users but also it is caning the lifestyles of people. |
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1350
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Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin?
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on: December 13, 2017, 06:57:10 PM
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For me, every time is the best time to buy or enter into bitcoin if you are willing to learn and earn. Yes, sometimes bitcoin price is decreasing, and that can be an excellent moment to purchase it, but it will be tough to predict if it will increase or decrease. But if you have the resources, money, and knowledge about it just buy it because bitcoin price is still growing.  There is no a good or bad time for bitcoin to invest, it just need a proper planning and management of time. The price of bitcoin is increasing day by day because day by day the use of bitcoin is increasing due to its unlimited benefits but its amount is fixed as it is a currency. One can invest any time in bitcoin if he wants and I think any time is best to invest in bitcoin. |
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1351
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Economy / Economics / Re: What makes Bitcoin to move this fast?
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on: December 12, 2017, 06:21:53 PM
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Guys I'm wondering why BTC is moving this fast to up? With logic there should be a huge amount of money flew into BTC market but I don't see any reason to make this happen. Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?  which makes bitcoin very fast is from a very high demand factor and get very tough bitcoins, other than that people in this world still do not know what bitcoin is and the benefits of having bitcoin. Bitcoin is a very beneficial currency and is used by many people only due to its unlimited benefits and properties. The main factor, which is playing an active role in increasing the price of bitcoin is its use by the people and as discussed it is only due to its benefits. As the process of bitcoin is very simple and very easy so people prefer it more and more than any other currency, thus its price goes on increasing. |
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1352
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Economy / Trading Discussion / Re: Time management.
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on: December 12, 2017, 11:29:07 AM
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Its time needs to be translated into money, and you will decide how much you can spend your time on what you do not bring income (games, recreation, entertainment). This is a good habit!
Time management is helpful to handle the workes to process and clear the isssue on the time. So you use to process. You will gather more infromatio. You will learn yhe more infromation from bitcoin. Time management helpful to work and plan it will help for the manag on the time. Time to work for the management it will get more profit. It help to plan to work. I think time management is very important in life because one has to do many things in daily life. Everyone has to give time to his family responsibilities. I do my regular job in the morning time and latter in the day I spare my time to my family. At night I do my trading activities. Successful traders have best management of their time because time is money. One should manage time carefully for his bright future so as to cover each aspect of life equally. |
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1353
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Economy / Trading Discussion / Re: Where to learn how to trade
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on: December 12, 2017, 11:13:06 AM
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The best thing to learn how to trade is to look for someone who is already trading.With that you can have the first hand information and you can let him or her share his or her experiences with trading bitcoin.
The best way to learn is learn it by yourself and not afraid for get lose because you can learned something from your loss, as only following other pick not make you great but make you weak to pick the coins by yourself. Lose is normal on trading so no need to worry. Yes unless you will not try by yourself you will never get that knowledge and confidence of trading and its good to loose in beginning with an small amount as that loss will improve your knowledge and will make you better trader in future. If you want to learn about trading, youtube videos and Google you will get a lot of information. It is possible to get good gains if you work well. You can get help from someone who knows that this works. Trading depends on your experience. Many videos are available on YouTube where you can learn about trading. Almost the video on Youtube all enough to help you have basic knowledge and trading skills to trade cryptocurrency. Some technical analysic you should learn to become a trader are Bollinger Band, Moving Average, MACD, Pivot, Fibb ... It is very important to get knowledge about trading before investment in bitcoin, one can consult an expert who is involved in the trading so as to learn from his experience. Help can also be taken from net as many video are available on it. One can also make efforts to study market and follow the charts of bitcon. In order to familiar with trading a minimum amount of capital may be invested to developed know how about trading and to avoid any risk. |
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1354
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Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Hackable?
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on: December 10, 2017, 10:24:08 AM
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Bitcoins can't be easily hacked because it has cryptographic security which prevents hacking of transaction of money. But when the Account is open to public instead of keeping it private then there is a chance of the account to get hacked because viewers can read the code when your account is in public mode.
Yes bitcoin are actually vulnerable to hacking because they belong to the world of digitalizing. There had been many cases in the past when people have suffered from great losses just because hackers are able to steal their coins via hacking their online wallets. Bitcoins are there not the safest method of earning in today’s world and I personally do not prefer it to have profits at a larger scale. |
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1355
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Economy / Gambling discussion / Re: Where and which part of day do you gamble?
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on: December 10, 2017, 09:18:20 AM
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Well, actually, I do not gamble at casinos or online. I gamble directly with my friends and sometimes strangers. We play at someone's place and sometimes at cafes at nights. Let's call it a traditional way of gambling. We play cards, and the winner takes the bet. It is actually very fun. Sometimes, I do sports betting, but I have never won. All I want is make an effort while gambling with people and it includes making analysis and thinking of tactics.
well you are not the one doin that things sometimes i choose to gamble with strangers on my way to home during saturday nigth sometime i will play biggo.i really didnt go to casino because the gambler can gamble anywhere.for me that was only a stress reliever for the stressful day in work. I think your activities were far away of being addicted. Doin that once a week is an acceptable reason for any stress reliever from stressful work, unlike other people whose always having alibis and their excuses of that is for fun. Actually having fun at night time with gambling is very nice, because at night time all work has meant to be free of obligations that's why we really needed diversions. how do you even enjoy gambling you work all day in night end up gambling and lose evrything how is this even worth i don't get it it is better to sleep in night and not to gamble otherwise you will lose your hard earned money every night According to my opinion so as gambling requires a fresh as well as a healthy mind which is only in that situation at the time when you are totally free of all the tensions, stresses due to home and job. If you are already stressed and exhausted and start gambling without thinking about the situation, you are definitely going to lose a big amount in seconds because exhausted and stressed mind cannot play strategies and tricks as the fresh mind can do. |
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1356
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Economy / Gambling discussion / Re: Gambling and Superstition
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on: December 10, 2017, 08:59:37 AM
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Is there any experiences from some of our gamblers here that when you mix your gambling activities and your supertitions actually effective? Like for example Im wearing a green shirt and I won 5 btc the next day you wear it again green and win 6 btc, any instance like this? For me I dont really believe on this the only thing I believe is that if youre lucky then you may win if not better luck next time.
This is the universal truth that what you believe, the same happens with you. Winning or losing doesn’t depend upon what color you are wearing or what type of clothes you are wearing. It totally depends upon how much you are involved in the game. If you will put your entire mind towards your game, then there are more chances of winning but if you will take least interest in the game, definitely you are going to lose. |
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1357
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Economy / Economics / Re: lest we forget, Bitcoin is a blessing.
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on: December 09, 2017, 07:59:52 PM
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Bitcoin has pass through many stage, limitations, attack and forks issue but its price keep on increasing from inception till now. At this time Last year bitcoin price was $450 but today it is $ 1245 that was over 180% increment in just a year. This is what we call blessing, that is making progress in the face of strong opposition!!
This is true, and i can say " This is a touching topic", especially from the strength of conviction all bitcoiner. Currently, bitcoin continue to creep to reach the highest peak. Look at the current bitcoin price $ 16849.73,-Bitcoin will simply keep increasing in value and undoubtedly at present, it is at the highest price of its history rather the history of crypto world. Bitcoin is the one which is all the time giving people true hopes about the future of their investments. It not only give them hopes but also fulfill them. By the end of this year, there are maximum chances that bitcoin will stop at 20,000 dollars giving everyone a New Year gift. |
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1358
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Economy / Gambling discussion / Re: Can trading be considered as gambling??
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on: December 09, 2017, 06:54:23 PM
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Trading and gambling are similar in that they both attempt to create a capital gain, over a relatively short period of time.
We have a chance to win money by risking our money, but both have big differences. The big difference between them is that trading is a business and gambling is a game. Both have the same goal but with different processes. Differences in the process is what makes trading can not be considered gambling. Trading and gambling are two different things completely because in trading there are no processes of betting or things like that also you have to wait for your profits in trading but in gambling, the case is different. Gamblers exchange hand to hand cash in gambling which means the loser have to give money to the winner at the spot. Both the terms can be called as similar when profits are being discussed. Trading is basically the exchange of goods while gambling involves the betting of money. Exactly, access to your profits is much quicker in gambling than in trading instead you are paid the fixed amount at the spot when you win and definitely give away if you lose. If one wants to differentiate between trading and gambling, the only reasonable difference will be that of earning profits because gambling gives you more than you expect but on temporary bases. |
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1359
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Economy / Gambling discussion / Re: How to play gambling in a smart way?
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on: December 09, 2017, 06:43:10 PM
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There are pointers on how to play gambling in a smart way and one of the best pointer is play with your free money. Following this pointer will make you gamble and have fun at the same time. It will not affect your family negatively and will always save you from being broke. Most gambler failed to practice this kind of stuff and get broke since they spend all their money in gamlbing.
Yeah, free money. Gambling sites have faucets and some has giveaways, it is a good to start with those if you don't want to move the money for your family. It is also a good practice since most of the coins you get from gambling site is just small. The only downside of that is when you are already a heavy gambler, dusts won't satisfy you in betting. Instead, it would make you crave more and start to deposit in your bankroll. If you really want to gamble and have no money in your pockets then going with these websites which offer gambling free of cost is a very good idea. But let me inform you one thing, these websites are not basically free, they do get money on every single signup and that is your money with which you are gambling and you think that they are giving you a free service and they also cut some money from your winnings. |
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1360
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Economy / Economics / Re: TIME FRAME TO REACH $25,000
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on: December 08, 2017, 03:19:21 PM
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If the price will continue to grow at such a high rate, the $ 25,000 at the end of the year is very possible. Or maybe even earlier.
Well I am in favor of this statement. Bitcoin has so smoothly working and progressing with much best facts and figures and a time will come when it comes to lacs and even more. As far as the end of this year is concerned, bitcoin price will surely go to $25000 or around and this will surely happen. As the history of bitcoin in past week is analyzed, bitcoin will surely make the world amazed. |
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