Some online stores accept bitcoin as payment. As for me i pay for internet service with bitcoin and send fund overseas in bitcoin is way more convenient.
I think one if the real life usages of bitcoin is as a payment. I’m using bitcoin as a payment, I’my paying my bills through it. Also, I do cash out and use it to pay my other bills. With the right exchanges, ATMs ects now BTC as a way of payment can be used almost for anything, from online stores to buy any produce to gambling or betting. |
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I think that altcoins are falling because of bitcoin. and it's too early to buy altcoins.
Yes, the drop in altcoins is most probably caused by the drop in Bitcoin itself. This trend happens almost always. In fact, I've never seen altcoins behave differently to BTC |
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We havedifferent perspective- If you going to invest big you should invest in different altcoins don't invest in just one. Probably 3 to 5 altcoins to make a good profit. SOme traders recommend top 20 altcoins to choose but it will really depends on you.
If you choose to invest on this way, this mean that you share the risk between different coins what is a good decision. Therefore if one of them pump, then you can sell it high and invest it in another coin. Yes, if you want to invest and if you have enough starting off with diversification is best as you can lose in one end but win at the other end. |
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Cryptocurrency really gives opportunity to everyone whether making more money even without large investments. Most people do not really understand what is cryptocurrency and how it works but they really want to make money on it. Very large profits for crypto investors making world crazy.
Because 'crypto' nowadays almost sounds like a buzzword and whenever people hear it they think either one of the two things; good place to make quick cash or a place to never visit, its scam. |
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3000 is a significant number for btc which was described as a bubble by the majority of the world. I hope some day to see btc atm`s in every corner of the streets.
Yeah, like 3000 is a significant number but still it would be much nicer to see the digits going up sometime closely in the future. So far, so good, I suppose... |
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Its a nice gesture, but isn't almost as if you just throw all of that money away since the kids won't use the coins in the market for multiplication?
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To be frank, when I think of crypto currency all that comes to mind is the endless possibilities/ potentials it has, and then the thought is followed by concern
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Although the price is down, bitcoin still has the highest price among other coins, and some people make bitcoin as their asset. So it is clear that bitcoin is very valuable and will always be the best cryptocurrency among other coins.
the recent decline in bitcoin prices will not make bitcoin lose its value, but the current market situation is experiencing a normal price correction, bitcoin will still be trusted by many people because it has a valuable asset value In total agreement. Bitcoin has great potential and a lot more to offer irrespective of the current market which as you say its a correction and I also think it necessary for the new high. |
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Explain to them about bitcoin, as well as its use and how to create an account and how to transact it. After that give them a bit of bitcoin that we have so they can use bitcoin as they wish, after they receive the bitcoin I am sure they will slowly ask us about bitcoin in detail which in the end they will be interested and invest bitcoin or try to get bitcoin.
I totally get where you're coming from. But what we need to assess is who these people are, if they're some ignorant pricks who can't even distinguish real news from fake ones, then all this teaching would be a waste of time and resources. |
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There is no fall of bitcoin,bitcoin is good and it will always stay good if you wish bad than bad will happen,look at the positive side of bitcoin.Bitcoin is worth a lot of money,its a good investment.Bitcoin isnt the best of them all but its still pretty good so try seeing the better side of it and everything will be better.
Exactly right you are. Bitcoin has not gone down compared to the previous weeks, I don't see where all of this negativity is coming from. Looking at BTc rate today, it seems to do pretty goo at >6,700$. |
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I don't think it will reach the lows of 4,000$ the most predictable low I have is around 5,000$ or so but from looking at the market analytics it seems that by the end of the year the price will be above 15,000$
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The people who don't believe in crypto are the newbies, and the reason they don't believe is because they fall prey to the bad news the media is feeding on.
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Any country that bans cryptocurrency will end up changing their mind when it becomes widely adopted. Your economy would lose out on a lot of business if you weren't accepting a currency that the entire world uses.
I totally agree with you on this. The leading countries governments have a hard time inhibiting BTC so countries which don't have much opposition find it easier to ban BTC and they do so almost to please the giants, but soon they will realise at what a cost that came to |
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Bitcoin is far from reaching its goal. Evidence of this comes from the ever increased popularity of the coin and its wider acceptance or sudden realization of investments with high rewards.
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People had the chance to buy at the $5k and yet they didn't. They always want to gain and talk about how some of them missed the chance to buy at a low price, and yet, when the time comes the market is down, they don't buy. This goes to show that many in this space care more about the gains than the actual innovation behind it.
What you say its true but it applies to a certain sector of the community such as early investors or someone who just want a quick way to make money without having knowledge of the future prospectus. Then, of course, they just can't be ignorant of the fact that the market its volatile and people just want to play smart and safe. |
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bitcoin is valuable because of decentralized crypto currency but accepting as legal tender in some countries . decentralized means no govt rule or tax rule or any kind of set of rules on bitcoin , but some countries started to adopt it and legalize it and taken under tax rule to impose on bitcoin as wealth assets and bringing as capital gain tax .
That's right. Bitcoin is very valuable because of its decentralized network which means no government can control it, its a people driven currency. |
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If bitcoin replaces fiat it won't perform better than stocks. Think about it. What value does Bitcoin create at that point? What value does a company create? As adoption grows Bitcoin should outpace stocks. If adoption stops it doesn't go up in value.
It is really hard to please the people around to believe in bitcoin no matter how you prove it to them that what the wrong things that they believe about bitcoin is not true. But I want to prove them that they are wrong about bitcoin will die for bitcoin will stay if we still stay and use bitcoin. The above are valid points to take forward. WE need to strengthen our community as the more people support Bitcoin the higher the chances are for it to surpass fiat, and in the end we'll all benefit from it. |
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I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
of course it will be safe if you save your privacy to access your wallet properly. because no one can hack your wallet if you save it safely. Absolutely, in total agreement with the above. WE can ensure our Bitcoin is safe by saving the wallet securities in a safe place and not share it with anyone else. |
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Don't worry about the outlook for the entire encrypted money market. Soon
It will still rise again, and with the blockchain and cryptocurrency markets at an early stage, it is perfectly normal for prices to fluctuate wildly.
Sure it will. The crypto market has a bright future, we just need to have some patience as the current market may be stagnant for a while but it will nonetheless start up again...I'm sure! |
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The government does not benefit from removing the crypto currency from the market. It can not completely replace real money, but it is quite possible to remove the investment tension and fill the void.
I think if the world governments want that, though it would be damaging the economy, it could happen. At the same time, this won't stop the crypto market as I feel it will still have some prominence |
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