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The price has just dropped lower than $2000. It seems that many investors have abandoned bitcoin soon that we expect. I do not care. I still hold my bitcoin and wait for it to reach $10000. Maybe it will not happen soon but I can wait, right? Bitcoin is the future of money and it will lead us to the new order of this world
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I can store bitcoin wherever I want, it is easy, but I choose a web wallet, because it is much more convenient.
Many people have had bad experience with web wallets so I have avoided using it. Many of them have been scammed and the support team seems to not care much about users in the poor region. Moreover, bitcoin was create for the freedom while you will be controlled if you use web wallet such as coinbase or xapo |
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Anybody using Ledger Nano S as a wallet? Please share your experience
Thanks
I have neverr used this kind of wallet but I do want to own one. They have added many protocol and coins in this small hardware wallet so it is very comfortable to use this wallet to hold multiple kinds of coin. I am using electrum wallet and I find that it is very cool. |
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The demand for bitcoin in Korea must higher than other regions. people there might not know hot to buy bitcoin by credit cards so that they can not buy Bitcoin from the USA or the EU. Therefore, they have to buy bitcoin with the higher price than usual
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bitcoin will return to its path for sure. It is obvious the confirmation time and the transaction fee prevents Bitcoin from becoming more and more awesome. Bitcoin should be used widely in this year but these two ridiculous things keep bringing annoying feelings to people
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I don't think people will ever stop using bitcoin completely I agree that they are started of being frustrated with this heavy transaction fees. but with out local currency we don't have any protection even banks can steel our money and we can not do anything with that. bitcoin is a complete way of freedom. its a thing which gives us many advantages so why don't we can afford a little of disadvantage from it
Bitcoin is not an only option to avoid using Bank. You can also investe/convert your money into other cryptos such as ripple, monero, ethereum or litecoin. In my perspective, I believe that ethereum has a great chance to defeat bitcoin if Bitcoin can not fix the transaction fee and the confirmation time |
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For everyone here, bitcoin is money and a type of investment which you can earn a good amount of money with it. Moreover, to some ITs and technological geeks, Bitcoin is a revolution to a new kind of money and a new way of developing a whole money system on the internet. Therefore, Bitcoin is much more than just a simple currency
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The price of XRP is very high now. No doubt that it will be bought by many people. Hope that developers know how to maintain a huge number of users and do not turn into scammers. Good wish to everyone who is holding XRP
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it is hard to predict what will happen to litecoin in the future because people do not see the potential that litecoin can bring to us. Although Litecoin is a bitcoin copycat, we have to admite that litecoin has improved almost every mistake which can not be solved in Bitcoin. I highly support Litecoin, but I do not know what other people are thinking right now
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Bitcoin price would go very high if every country used bitcoin. Would probably mean higher fees if that happened right now. We would need segwit for sure to get this solved.
Yeah that is right. The more people use bitcoin, the higher the fees are. Therefore, we must encourage more people to join our community and tell them how beautiful and remarkable Bitcoin can be. Tell them that Bitcoin has changed your life and make you richer than ever |
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I dont really think that bitcoin cash machines are becoming more popular because there is no sight that people in my country are using those machines. They think that those machines are useless and they rather make transaction on the internet insteads
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Bitcoin is an anonymous currency and I dont think theirs any law about supporting it in countries
Bitcoin can be used worldwide almost by anyone who knows to get around with it.
I do agree with you. The government will never accept these kinds of currency because the people will become 90% anonymous and they can never collect tax from the citizens. Moreover, bad people can use Bitcoin for illegal activities |
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I do think so. I have found more and more bitcoin machine in my countries and other countries, Bitcoin will soon be used by everyone and people will pay attention to what is going on their street.
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Bitcoin is working now and people except it for in their life and its mean bitcoin got its future already so we will use bitcoin in out future life and bitcoin will improve day by day and ,i think everybody will use it in the near future and money of new world will be bitcoin . When we go past we can see how bitcoin groving.
You should better learn English again. Your english is so terrible that i have to read at least 3 times to understand what you are talking about. Bitcoin is good but no government will try to adopt it. The acceptance is very important to bitcoin. However, it seems like everyone try to deny its benefits snd advantages. If you have Bitcoin, use as much as you can because it will make people curious about this cryptocurrency |
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Thanks for this video, this is really the most issue's when it comes in online account. Because Ive heard from my friend that his account was got hacked. For me I used google 2fa indicator, so far my account was secured.
Bug in cloudflare is reall annoying and it can cause a big problem if you are not careful. You should always turn on the 2fa in order to well secure your account. No one wants to see the account's balance empty and money be stolen by the hackers. Remember, turn on both 2fa and phone verification, too. it is very important to save your wallet |
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Is because the name "Bitcoin" is the best name for a crypto-currency.
No other name will be as good.
What's in name?I think bitcoin is best,besides some of its flaws,because there is no other crypto better than it and if we dont have something better, we consider the available thing better. Bitcoin is not the best, there are a lot of alternate cryptocurrency that are better than Bitcoin, but being the first decentralized blockchain make Bitcoin to be number one. That remind us of being a pioneer always have an advantage by being the first one to get people's support and adoption. Bitcoin is just the origin and we have to understand that there are many new cryptocurrencies which have more feature and also can provide more opportunity to users. Ethererum can be the big competitor since the developed team has drawn a good map and run a good smart contract on the blockchain. |
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There are many possible situation would bitcoin die. First, bitcoin users or the community. If we stop using bitcoin it will turn to dead, according to research we are the reason why bitcoin still alive because no one controls it. Like altcoins if the currency is infamous or if the stop using that it will dead, the price will will slowly downing until it became dead. Second, if the bitcoin reach its limit 21 million and I don't know if theres a way to extend.
Well, it is unlikely to happen dude. The number of people using Bitcoin keeps increasing day by day. The situation for Bitcoin to be elimated will not happen in the next 200 years. 21 millions is the good way to stop the inflation. If Bitcoin continue to increase, the prices will definitely go down and it will totally destroy Bitcoin. |
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Only difference i can think of right now is that bitcoin can not be controlled by government and in case of real money/ paper money, government does have the power to print any amount as in case of the post world war effect in Germany, where people had to take heaps of cash to buy even a small thing such as a piece of bread.
Yes, that is one of the important features which Bitcoin has provided to use. We can easily control Bitcoin without depending on any third party or even the government. Moreover, bitcoin provides us ths opportunity to be anonymous while transfer our property p2p. That is why Bitcoin was first used by the Hackers |
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bitcoin is one of the booming invest, because of the ease in running this business, hail promising that makes investors dare to invest their capital in bitcoin. without the risk depends on how we run it
Bitcoin business is broken up at a good pace, but I would not name the ease of management. Good knowledge is needed for bitcoin users. A simple man with bitcoin can not cope. But at the expense of investment, it was very lucky for those who invested in bitcoin last summer, when the price was $ 560 for 1btc. Now everything has almost doubled. As long as you believe Bitcoin, you can do anything. When I joined the Bitcoin world, I had no knowledge about what it is and what I need to do to earn more Bitcoin. I decided to buy some of Bitcoin for my own and I never regret about what I did. The amount which I bought in the past has increased more than 3 times. Well, Bitcoin is awesome. |
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Yes, there is a future for bitcoin, as I can see how the people embraced the features of bitcoin the demand of it was getting massive in different places of the countries all over the world and even different categories of the business and biggest company is also adopting it too.
There is future of Bitcoin for sure, but future of money is quite doubtful. People are transacting with BTC but I noticed that many users are liking it as investment. Due to high fees and uncertain duration for a transaction to complete, it is loosing some faith. Big companies are accepting BTC but unless small businessman and all the consumers are accepting it to pay with BTC, future of it as money or a currency is getting narrow. I agree with you . bitcoin is currently more widely used as an investment, but bitcoin initial goal is to replace the function of real money. This should be corrected, so that in the future bitcoin still have a strong existence in the world financial markets. but to me i think bitcoin initial goal is to use it as online currency. and we can see that most of the people are using bitcoin for for online purposes. while in some are where the users of bitcoin are more in number there they have the facilities to use bitcoin in their offline shops, and as soon as the bitcoin users are increasing the availability of bitcoin in local shops is also increasing. Tell me what percentage of all visitors to the local store uses bitcoin? 0.01 or 0.00001%? Will grandmothers or grandfathers, as well as children, use bitcoin when buying milk or other products? What knowledge do they need and where do they get them? It's hard to answer. Therefore, I would not dream of vague hopes. Bitcoin is the currency for a narrow range of users. Time will show us whether Bitcoin can become popular and be used by many people or not. As you can see, the number of bitcoin users increase every year and it is certain that most of them enjoy this type of currency. Bitcoin is one of the new technologies and we have to admit that people can not easily understand and accept. They need more time to learn and to practice using bitcoin more ofter. If that happens, Bitcoin will be used as the main currency of the Earth and store will choose Bitcoin as a payment method |
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