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101
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Bitcoin / Bitcoin Discussion / Re: Why Media is negative about Bitcoin?
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on: May 20, 2018, 07:28:02 PM
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Why Media is negative about Bitcoin?
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
Do you see that, dont you?
Media is mostly influenced by big corporate guys and we know that most of the wall street companies suffer from bitcoin and so they try their best to spread negative news about bitcoin. |
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102
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Other / Off-topic / Re: Why is Male more engaged in Bitcome than Female?
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on: May 20, 2018, 07:23:20 PM
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I have seen an interesting statics about the demographic on bitcoin users. There is very one that is very intriguing, the pie graph that show the Person engaged in Bitcoin by gender. The graph shows only 5 % on the total are female. Does this show that MEN are moreof a risk taker than women? Or that MEN are more impulsive than WOMEN? What do you think Guys? Please see link here. https://coin.dance/statsIts quite natural that men being the breadwinner of the home mostly,they search for more earning opportunities and hence they come across New earning opportunities like bitcoin. |
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103
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Economy / Economics / Re: No Time Left, Time To Move Away From The Dollar
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on: May 20, 2018, 10:43:06 AM
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Russia and China have been trying from years ago to just boycott USD and trade in between them in their own currencies.Iran came as a third partner in this situation and it was ready to sell crude oil for local currency instead of USD.Now more countries are in the same idea to move away from USD and use their own national currencies.
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105
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Economy / Economics / Re: What are the major factors that affect the bitcoin price?
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on: May 20, 2018, 09:40:38 AM
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Definitely demand and supply had been considered as a major factor in deciding the bitcoin price.But nowadays,the market FUD has been playing a major role in deciding the fate of bitcoin.Its this fud which big whales had been using from the beginning to promote panic selling.
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106
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Bitcoin / Bitcoin Discussion / Re: After FB, now Twitter. Is there any effect to us and what should we do?
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on: May 20, 2018, 07:08:13 AM
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Don't put any money into the contemptible shite that depends on these types of ads and you're golden.
In case you hadn't noticed Bitcoin still lorded over everything without one single advertisement.
Exactly bitcoin has succeeded to run first without any ads but we should also consider that not all the crypto coins are equal to bitcoin.They need enough ads to reach people otherwise they would have to just exit the market being unnoticed. |
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109
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Bitcoin / Bitcoin Discussion / Re: This is a good time to switch off from the crypto market
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on: May 20, 2018, 06:35:24 AM
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Crypto market is now the ever booming market providing huge amounts of profits to the investors,most governments starting to approve it and big companies even institutional companies entering the market by launching their own coin.This market has great scope and only unwise people would take such a decision to leave this market.
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110
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Economy / Economics / Re: No Time Left, Time To Move Away From The Dollar
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on: May 13, 2018, 11:54:30 PM
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China and Russia have been trying to avoid USD for years and now,i think that they have succeeded by getting crude oil from Iran with their own currencies.Tgey are even trying to add some more countries in their group in the war against USD.
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114
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Other / Beginners & Help / Re: Which BTC wallet to use?
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on: May 13, 2018, 11:32:29 PM
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Greetings,
Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?
You could use Electrum wallet which is safe and secure You could send even very huge amounts with very low transaction fee. |
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115
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Bitcoin / Bitcoin Discussion / Re: Reason why bitcoin won't last long (which are you afraid of?)
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on: May 13, 2018, 11:29:38 PM
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After surfing through the good side of BItcoin I was asked to give reasons why bitcoin won't last by a friend I searched through the web and found the following
1: Exposure to Bitcoin-Specific Scams and Fraud.
2: Black Market Activity May Damage Reputation and Usefulness.
3: Susceptible to High Price Volatility.
4: No Chargebacks or Refunds.
5: Potential to Be Replaced by Superior Cryptocurrency.
6:Environmental Ills of Bitcoin Mining.
7: Bitcoins Are Not Widely Accepted.
8: Wallets Can Be Lost.
9: Risk of Unknown Technical Flaws
10: No Physical Form
Guess what non of those mentioned above was big enough to discourage my friend from joining Cryptocurrency (buying bitcoin).
Which of the following disadvantages are you afraid of and how do you think it can be resolved
You could add Quantum computers as one more reason as Its said that they would be able to read private keys from the public key of a wallet itself. |
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117
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Alternate cryptocurrencies / Altcoin Discussion / Re: Iran Next In Line With Its National Cryptocurrency
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on: May 13, 2018, 11:22:49 PM
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National cryptocurrency? What is that?
As, they worry about money laundering, so most probably, they want to create something which they can control transactions. Before trying to create that, they should know that they are not create a cryptocurrency. A cryptocurrency must be decentralized.
Yes they are just going to create a digital currency.Already,iran discussed about accepting bitcoin as a secondary currency to avoid US sanctions But now,totally they have taken a U turn. |
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119
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Bitcoin / Bitcoin Discussion / Re: why is bitcoin better than bitcoin cash, bitcoin gold, super bitcoin....
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on: May 13, 2018, 11:10:48 PM
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why is bitcoin better than bitcoin cash, bitcoin gold, bitcoin diamond or super bitcoin?
why should people trust it?
they all have the name bitcoin in it, but the other ones have other fance additions like gold, diamond or cash,
and they are all privilegedly listed in coinmarket cap.
regards
Its because bitcoin is the original coin and others were just alts which came in to existence when trying to create a clone of bitcoin. |
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120
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Bitcoin / Bitcoin Discussion / Re: Why so many Bitcoin users have fear of governments?
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on: May 13, 2018, 05:45:14 PM
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Earlier it was feared that governments would ban bitcoin.But later,it was thought that governments would only regulate bitcoin and so no need to fear about banning.But now,many countries have decided to launch their own digital currencies and in such a case,we could not expect them to promote and allow crypto coins as well.
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