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Something that I don't like from centralised currencies is they can supervised our transaction and can make assumptions which they think is correct and froze our account, in centralised system we don't have the full power to control our money and there will authority that can make extra rules to seal our freedom
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Poloniex got a very big transaction rate and it is easier to used for a beginner, but because recently there are a negative rumour for Poloniex so for temporary I suggest Bittrex, because it is safer but if both of them work properly Poloniex is better and from my experience it is easier and faster to use Poloniex than Bittrex
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Most of the shop won't allowed that things, they want to be sure the payment is valid before they give us the thing, setting a high fee will faster the transaction but the expenses will be bigger, that is why I always said that bitcoin is not suitable for payment that need instant confirmation
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At first bitcoin was created for currency purpose, it's for doing transaction globally, but after seeing the price movements that go up really fast and the value of bitcoin is going up, people used it as investment and trading tools, and now more people used it as commodity not as currency, but bitcoin can be used as both
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Yes for now it is a great investment, it's showing a great development and potential, and it got a chance to replace bitcoin if something wrong with bitcoin in the future, but can ETH win back all the trust, after the ETH forking there are so many people pessimistic about ETH, and they only considered ETH as a trading tools
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I also notice there are a big difference of the price from each exchanger from different countries, arbitrage trading is theoretically doesn't has any risk but in the reality there are risks that involved, the first one is the confirmation time, crypto currencies market volatility is very high, if the time for confirmation is too slow you can possibly losing your money and to do arbitrage trading you need to calculate the fee because in arbitrage usually you only profit by little
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It's not good, it seems some people are switching to Litecoin for retail payments, I like BTC a lot but I don't like the way this coin is treated... it's like it's left alone doing nothing about it and meanwhile lots of altcoins are trying to take over... BTC looks like a fat coin barely moving right now folks while whales are taking as much as they can on its back, it needs to be light and have speed... if something doesn't change after August 1 will probably consider other options as well, I've believed too much in one coin and missed others on the road
Yeah bitcoin improvement this year is really bad, so many bad rumour and problem about bitcoin that had caused bitcoin dominance is falling down and a lot of users invest in other alt coin, there are so many people believed that using litecoin is better than bitcoin and after I tried by myself, litecoin transaction speed is amazing, and there are so many alt coin is trying to replace bitcoin now, if bitcoin not improved then it could lead to a falling price and there will be a possibility that bitcoin will be left behind |
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This the law of nature, if bitcoin not keep on developing and follow the development then one day it will collapsed and replaced by other coin, the technology is keep on advancing bitcoin will need to adapt to it to survive
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Bitcoin is also a crypto currency, bitcoin can get big because a lot of people used and investing in it, so if all of us invest in the same coin then that coin price will go up, but there are a lot of alt coin outside, it will be a challenge to asked people to used and invest in the same alt coin
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As a currency, crypto currencies still not as efficient as local currency, because there are still not many things that can be bought using crypto, but if you want to used it as global currency then it is very useful, the good side of crypto is it can be used as currency and also as investment, that is why more people will vote crypto currencies is better than usual currency
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It is still hard to used bitcoin in daily life, the fee is still high and sometimes the transaction is slow and not all item can be purchased using bitcoin, but in the future when most of the shop already implemented bitcoin then we can feel the ease of using bitcoin as currency
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I had heard so many time of market crash but the impact of the last time market crash is not too big, and it is not a really good idea to move your saving into bitcoin because bitcoin itself is not too stable, for your long time saving I suggest gold, bitcoin is very profitable but we still don't know what will happened with bitcoin in the future
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Betting on wwe is a bit weird and so unpredictable, it just the same like gambling not a sport betting, all of the match has been set and it is only pure for entertainment, and sometimes the wrestler can win because the distraction from other wrestler, I won't recommended to bet in wwe at all because you can't predict the match at all, lose by fair match is okay but in wwe we tend to see the match lose because of cheating
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I don't think banking is behind the bitcoin, because the bitcoin principles is very different with banking system, the banking really serious about the transaction transparency while bitcoin is far from it and all the banking system is centralised, I believe bitcoin was made by some group of people who wants a revolution
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Not too good, there are no real project that used xrp yet, I also not quite sure why xrp price can go up, there are some big that said going to support xrp but until now there are no real implementation, I don't really see any good future from xrp but maybe it's just need some time to see xrp grow
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Well it is a decentralised coin, so the trigger is the supply and demand, so it is no wonder the price movements like roller coaster and bitcoin is already quite stable, if you compare it with alt coin you will see a wild roller coaster, but this is the things that makes it interested, the volatility is the place where the trader looking for money
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There are a lot of people knew about crypto currencies especially bitcoin, the number of people that aware of bitcoin has been up very fast, most of my friends knew about bitcoin but not all of them want to used bitcoin, because they always heard the bad news about bitcoin so they thought that bitcoin is a criminal coin, we still need to increase the bitcoin popularity so everyone aware of bitcoin potential, if everyone had the same vision bitcoin could be become big and useful
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I think to replacing bitcoin is not an easy task, I know with all the bitcoin problem most of the user has changed their investment into other crypto currencies,this can be seen by the decreasing bitcoin's dominance, but there is so many things that need to be achieved to become number one, the user will demand the coins to be implemented in many country and many sectors, and don't forget the ETH itself ever forked before, so not all investor is trusting eth
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We need a rules or something to prevent us from being scammed there are already so many victim scammed by ICO but we don't need someone or organisation or anyone to regulate the coin, because the idea of using the coin is to not let anyone control or supervised the user, so the user really can feel the advantage of decentralisation
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I've been in a few months making bookkeeping for every deposit / withdrawal i did. Sounds a bit stupid but I feel the benefit of it all. Like I can resist my desire to gamble after loss much or after get huge wins. did you wanna try my way  So it's like a diary book right ? you write down every single money that in and out and let you know how much you get and how much you lose. Honestly it would took a bit time and of course you need to do it routinely, it would prevent you to using your money carelessly due you saw how much you already loss But if you already experience enough about self-control then you don't need such thing. More or less it's like a diary but it is a good way to surpress your gambling desire, especially you are still newbie to gambling, limit your bet amount and control your emotion are two of the very important things in gambling, even though you already have a good self control it is still a good idea to keep record of your transaction |
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