I also believe that cryptocurrencies do not affect global finance. On the contrary, it helps the country's economy grow stronger. Usually in countries with high economies, many people will invest in cryptocurrencies. Large capital investment and greater profits. I know that some countries now accept cashless economies. I believe cryptocurrencies will have a foothold in the future. Please give your own opinion.
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Cashless India, the Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. “Faceless, Paperless, Cashless” is one of the professed roles of Digital India. Lets discuss!!
I think not only India but also many countries that use cashless economy like Ukraine or China. Even China has created its own digital currency. India's use of a cashless economy, accepting payments in Bitcoin is praiseworthy. It marks the advancement of modern technology. Moreover, India is a small country but it thrives in digital currencies.
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Unfortunatly, while you are hodling, you dont have any profits. To get them you should find right date for selling. And i guess, after halving will be right time for that
I think otherwise! When Bitcoin halves, don't rush to sell. So you have no words. The most appropriate time to sell is to wait patiently for the opportunity to sell at high prices. Don't be afraid when Bitcoin drops, many investors are waiting for you to sell cheap to buy. Entering this market you have to stand firm.
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Bitcoin has been named the best performing asset of the last ten years. A $1 investment at the start of the decade would have returned a colossal $90,000 if sold today.
The Bitcoin network was launched on January 3, 2009. On January 1, 2010, it had existed for a little under a year.
At that time, Bitcoin didn’t have a monetary value since no trading venues existed and there hadn’t been any real purchases with the digital asset to define its price.Click here to read the full newsBitcoin was indeed dominating over other cryptocurrencies since the day it was born. It is why I think that in the next decade, there's a good chance that they will dominate once again because of the massive adoption of institutions, banks, etc., than any other cryptos out there. I still regretted when I ignored Bitcoin years ago. You know how that feels, right? I mean, it's my fault that I didn't believe in Bitcoin because I didn't understand everything back then until I'm starting to get serious about it in 2017. Hands down to Bitcoin as it outperforms any other asset like no other. It is true! Bitcoin is the most valuable asset on the digital market. I myself regretted not knowing bitcoin earlier. If I joined the day from the beginning I would now become a good bitcoin investor. Although my investment sometimes succeeds, sometimes fails, I still trust bitcoin. 2019 was the year I had the most failures. Hopefully in 2020 I will tell you about my success story.
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Hi, Beautiful people
This post is dedicated to all the haters of Bitcoin in this forum. I have been asking my self what did Bitcoin and the creator of Bitcoin do wrong with them?
The one who invented never came out with his name or asked us to popularize him. He became famous because he did invent something that was meant to help us.
We are innovating, we are creating brilliant product but, it does not mean we degrade the one which started it all.
Why anyone would like to question Bitcoin?
What makes you think it is inferior to what you have invented?
Remember, it is Bitcoin that started the revolution and it is Bitcoin that will change the life for the needy.
I have been asking myself what did the inventor do wrong to be conned and claimed as they never were able to prove it? Cheap stunt!!
Mr Nakamoto(it would be nice that everyone give him/her that respect) invented something, which has changed our live, we should appreciate and love his creation, rather asking everyday who he was? where can we find him? and so on.
I am not a judge here, I am that individual who was no one until this guy invented a product and made me who I am!
Thanks.
Respect Bitcoin and Respect the creator!!!
We never would have been here, If Bitcoin creator NEVER thought about us.
There is no reason why we hate bitcoin. If you don't like bitcoins, you shouldn't join this simple. And I am grateful for the creator of bitcoin, Satoshi Nakamoto. Because the birth of Bitcoin met the requirements of modern life. For me bitcoin helps me get rich.
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So, guys, I think it's a small but a win. A win of our crypto community! I hope there will be more such examples of accepting crypto in 2020. We will start with small countries and then go to global powers. What do you think? There's the news https://bitcoinist.com/crypto-payments-now-legal-in-ukraine/I agree with your comments! The Ukrainian government is planning to legalize cryptocurrencies, which will spread and affect other countries. In the future, there will also be more countries that accept cryptocurrency payments like Ukraine. Bornyakov _ Ukraine's newly appointed Deputy Minister of Digital Transformation, emphasizing that the current cryptocurrency is not illegal in Ukraine. And taking steps to clearly legalize cryptocurrencies will benefit Ukraine and the government through taxes.
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Is this possible? Example you lend bitcoin to something similar to like a bank and they give you interest on it? Like how now they give you 2% interest?
I heard binance is doing something similar like that but it was like 10%?
Yes this can happen! You can make a profit from Bitcoin. For example, you buy into a Bitcoin for $ 200 after a while you sell about $ 400. So you have 100% profit compared to the initial capital. If you lend for interest I think this is less likely. Bitcoin is different from borrowing money in a bank. Bank interest rates are very low and bitcoin makes very high profits.
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Very interesting stats
Defiantly having 1 BTC now days is not for every average user and the more time passes it harder gets to obtain BTC at a good rate
The more people get to know about cryptos, the more exchange happen daily, the more the coin grows and this is happening a very fast pace
Digital is the better option, government will probably attempt to hold it back even further
Right! Digital is a good investment choice for us. Investing in time and in time can bring you large sums of money. Not all governments accept bitcoin payments, so you have to have your own strategy. What are your goals and plans for 2020? And I'm waiting for bitcoin to increase in price to sell and buy when prices fall.
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My expectations is bitcoin will have more volitile price and bitcoin price will posible dump to 5,000$ to 5,500$. Becuase of the fuds that i th i think will spread next your to force some newbie ans weak hands to sell all thier hold bitcoins..
So that big investors or so called will have tha chance to buy chepear price of bitcoins.
If the bitcoin price halves, investors have a chance to buy. But I think that not everyone who is new to Bitcoin sees the price of bitcoin drop as fear of selling immediately. What if they also hold on to opportunities like us? So bitcoin will continue to rise, but I expect it will increase in 2020
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Honestly I think BTC will make progress , not only in price progress but also technical development will be happened. And we, most of the crypto lover dont focus upon that point. It is Lightening network. The core team is working on it. The team will implement new changes to support basic multi paths payment. There will be 2 new technologies, splicing and dual funding. And both of them will improve the user experience. And halving will make mining more expensive and production cost will correlates the ultimate market value of btc.
Happy new year 2020! Wish all the best! I agree with your comments. We all have high expectations for Bitcoin in 2020. Bitcoin will rise in price and reach new heights. If bitcoin becomes the official currency and goes into use in daily life, then bitcoin investors are lucky and make a lot of profit from investing in bitcoin.
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From the outset Bitcoin was soon developing in China. This place has a lot of people involved in the cryptocurrency market. And China has also accepted cryptocurrencies as a currency. Right! China is actively building a cashless society. Even roadside food stalls in small towns prefer to use mobile payment applications rather than actually paying cash at the counter. China has created its own digital currency.
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Right! When the stock market declines, cryptocurrency prices rise. When investing in stocks or cryptocurrencies, the purpose is to make a profit, so when the return on investing in Bitcoin is much higher than buying stocks, many people give up. At that time, the stock price went down and the price of BTC increased.
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Understanding Blockchain is very useful in the digital market. Blockchain knowledge should be provided to students so that they have access to a new decentralized database that applies them at work.The invention of the blockchain for Bitcoin has made it the first digital currency to solve the problem of double spending (fraudulent spending when an amount of money is used twice). This technology of Bitcoin has become the inspiration for a variety of other applications.
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Entering the world of cryptocurrencies, you probably can't help but be aware of bitcoin. Many people think of Bitcoin as a global reserve currency. Monetary competition may also be a consequence of the political start to exaggerate the economy. Some have asserted that there is "another opportunity" in which Bitcoin will be a great reserve currency. However, I think the global reserve system will change completely over the next few decades.
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Have you heard of the issue of investing in divorced bitcoin? It can also happen if your spouse is not involved in the investment or knows nothing about bitcoin. If your partner invests a large amount of capital but fails, losses will also affect family happiness.Conflicts in families happen to be the cause of broken family happiness.
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The more Bitcoin increases, the stronger the exploitation of bitcoin takes place. What a pity if we ignore Bitcoin energy waste. Do you know the EMJAC IEO project: Turning waste into green energy. EMJAC will launch its EMJ cryptocurrency through an IEO. I think this is a great success on the journey to build a transparent, secure blockchain ecosystem and contribute to making us the leading digital platform to convert waste into green renewable energy. In fact, EMJAC's vision is highly appreciated, it will ignite the initiative and the door for mass adoption, ultimately allowing the industry to reach the full development potential.
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We can exchange goods with Bitcoin. This is also a form of trading in the 4.0 technology era. Businesses in turn accept exchanges with cryptocurrencies. However, my question is: if Bitcoin goes up, they will benefit, and if Bitcoin drops, they will lose.
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There have been many countries around the world accepting cryptocurrencies as well as testing digital assets. For example, the Russian central bank is testing stablecoins attached to real assets. Many countries are openly pursuing central bank digital currencies (CBDC), while others are exploring this possibility. Known names working on the issue are Uruguay, Sweden and India, which introduced the concept of digital rupees in the draft bill of cryptocurrencies.
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Of course there is a difference between ICO and IEO. In both the ICO and IEO, the startup is selling tokens to investors to fund the project. With an ICO, the partner is a developer. Developers are selling tokens directly to investors. With IEO everything works differently. Startups that implement IEO will rely on one exchange or multiple exchanges to complete a fundraising campaign. The exchange is responsible for the smart contract that accepts money in exchange for tokens. If you want to market ICO and IEO marketing, you need to understand it.
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