Be of the main complaint about bitcoin is its high transaction fees. If bitcoin really reduce its transaction fee then it will be really a very good news.
It really will be good. Some of my friends still holding it of the cause of the transaction fee. They want to buy a new coins of Ethereum, but they still believe that price for it goes down. |
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What do you mean by the value of bitcoin? Do you mean the price or the reputation of bitcoin? Because if its price i think the only thing that can effect to his value is selling panic. And if you tell the the reputation the only thing that can maie here reputation is the scam and fake news
Maybe she's saying they're surprised consist only about fake news and economic in whole world. But cryptocurrency is independent, so when the price of it is independent too. |
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Yep, I agree that Bitcoin transaction fees are going down and as you posted it is not from few days and it is low for past 6 months. The traffic behind the blocks approval may be less or due to competition the transaction fees may be less. Anyway the fees low has made us spend little amount in transaction fees while we trade.
So we all must be very happy. We still feel benefits from low transaction fees. I believe that in the future it will be near zero, but never be for free. |
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Bitcoin has been claimed to be dead so many times that is difficult to know how many articles have seen about that, but make no mistake bitcoin is very resistant if for some reason bitcoin were to find difficulties bitcoin will keep on existing since there is a strong community behind it.
Bitcoin is still very attractive for people who want to learn with investing in it. Bitcoin is a part of new technologies in our future life so it cannot be that in real time. |
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Many people became rich thanks to the crypto currency. But that to achieve success in this business you need to work hard, to explore the market and be patient. It all depends on the ability to manage your time and money.
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I'm thinking that for now the only kind that can be competitive to Bitcoin is Cardano (ADA), because it is very interesting project which can consist in at both bitcoin and ethereum advantages, probably it would be the next wave.
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Again after the fall of the market, there is always a rise. People in panic sell and desecrate. However, those who are left will profit in the future. It's always a matter of time. The future is definitely on the crypto market.
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In the countries of Middle Europe, cryptocurrency became a new trend. Everybody young and old people are interested or investing and are experts in this area, I'm afraid about what it can turn out.
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I was thinking about that, but as far as I can see even more people from India or some other countries of the third world can have some financial success just working from here.
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To my opinion, one of the main factors affecting the price of bitcoin is the supply-demand ratio. As in the market of other goods, if the supply remains constant, and the demand increases, then the prices for the goods grow. Similarly, the increase in demand for cryptocurrencies increases their prices, and as supply increases and demand decreases, prices decrease.
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Well I think that bitcoin redistributes wealth because just like me,I am not wealthy but because of bitcoin I can be able to support my daily needs and have enough money for my future.I am so thankful that bitcoin came into my life because it really helps me financially.
I share the same situation in my life. In one moment in the past, I have in invest in Bitcoin. And now if the price even is low, I can benefit from it. |
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If to say about my particular country we have so many people interesting in Bitcoin last days that we never had before. All the government's and advertisement channels are just filled with cryptocurrencies related content.
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I would say that 70% of cases it makes the rich people even more welfare, but also 30% off regular non wealthy people, has an opportunity to became more financially successful.
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I recall the time when people began to share rumors about something new, about Bitcoin, not understandable for them. They were afraid to try, even at a price of 50$. Then everyone was puzzled. Only a few were aware of the issues and invested in the future.
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The popularity plays an important role. People trust and know only about Bitcoin. The whole world has been talking about crypto for a long time, but only giants are mentioned. This shapes the image of the market and everything else. It is necessary to develop a public opinion in order to make a certain currency more weighty. Then you will stand by Bitcoin.
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This will help market development, attracting new investors. People will be more able to invest in bitcoin, as conditions become more favorable. An additional incentive to attract new users to the market.
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While this is happening with Bitcoin, I have a theory that Ethereum will become a number one cryptocurrency, blaming Bitcoin for all the bad things which happening with the market.
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While reading that I would really love to have some proofs, because as far I believed the different things like that and it strengthened my trust in Bitcoin, but bitcoin health fall...
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I am trying to make it by living a proper financial stewardship life, and also teach my close friends and my children to do the same, live by your own and pay your taxes.
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All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.
Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.
Let's continue then our path towards inevitable triumph.
If we will think this way, it can cause every other cryptocurrencies to die and fade away. Because bitcoin would become Unite and overall cryptocurrency. In the whole world. |
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