The prediction is pretty much expected already with regards to having stricter regulations to be applied on crypto space now that many people are starting to get engage with crypto which alarms government to make way on regulating the usage and engagement of the people upon managing the effects it can possible to make to the people in their vicinity. The stricter regulations can be good as for it will take control for the legal manners that relates to crypto usage but can also be bad if the aim is to control people by prohibiting them to get engage on crypto that can make commotion between government and people. There must always be a balance and free space on where government and people will understand one another specially with regards to the topic of bitcoin and crypto space for different stands must be considered and not be a one sided unfair decision.
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If ever the internet gets terminated, many things like works related and dependent on internet connection will be interrupted for sure and that would be a headache for the fact that almost all things existing in the world is made possible by having internet connection even the transactions we have on banks and work related stuff are interconnected on having internet. For sure working with Bitcoin and other cryptocurrencies too will be disrupted because of the termination. We might be likely to be back on old days for sure having no internet which kinda frustrating because modern days almost require internet to work out things to be possible.
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The happenings that are related into Bitcoin specially the bull run does not just make ordinary people excited but as well as institutions and even billionaires coming from different parts of the world making them interested to get engage on investing with Bitcoin. It is not surprising at all that those popular rich people and institutions are giving their attentions towards Bitcoin because it is really catchy and attractive to everyone's eyes seeing the good happenings with Bitcoin making them want to explore more out of it. For sure once another ATH will be attained by Bitcoin, many more people will get along on the trend and will keep their funds put into investment with Bitcoin showing how they appreciate and value Bitcoin's worth and existence.
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An interesting view of a person who is involved in Bitcoin for a long time. Bitcoin and blockchain was created to eliminate banks as a medium of exchange. But people go to banks to withdraw their money. Which is a total contradiction. Are people really in the industry for the money? Is this the reason why adoption takes such a long time? Do you share his view? https://crypto-potential.com/post/hard-to-swallow-pills-about-blockchaincryptoBitcoin and blockchain is not hereby created to eliminate banks. It have been originated into the idealization of having another mode of payment through digital currency and to make traditional way of transaction to get even faster. There must not be a competition or comparison in between those two for they are playing their roles depending on the needs and wants of the people availing for the service and benefits they can provide. Indeed it is a fact that people works on Bitcoin and gets into bank to withdraw money for they see Bitcoin as an alternative way to source out possible income that can be converted to fiat. People do have their own reasons on why they get into using and purchasing Bitcoin which might be for the sake of money, investment or even trading but that all falls for the idea of having something you can use for payment and transactions.
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It is still too far beyond and quite impossible to make happen that Bitcoin will be replacing fiat for the fact that many people still relies on the usage of fiat and if you are will no longer accept fiat as a mode of payment or transaction, then how possible you can be able to sell your goods and services if you will be just plain accepting Bitcoin alone for the sake of adoption. Better be two sided upon using both instead of being reliant on only one. Better be that than one.
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It is not literally direct for me that Bitcoin do helps poor people for you still must do an action to help yourself up upon considering yourself as a poor person to eventually make your life get even better. Bitcoin somewhat help those people gain opportunities of having decent work or source of income but for those who make way to be able to earn using Bitcoin as a platform just like doing trading, investing and other related works. Maybe on an indirect manner Bitcoin is being used by some people or organizations to fund their projects that aim to help poor people but if you are pertaining that Bitcoin directly helps poor people, I don't think it is.
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As for now, there is still no specific subject that teaches cryptocurrency being applied on the academic curriculum as for it based on the current educational set up that we have here in our country. The subject for cryptocurrency is related into technology and economics which is on different courses and still the topic about it is broad to the point that we still haven't basically having any specified subject to teach cryptocurrency on a direct manner. Well, it have been already mentioned on classroom manner but not totally for the purpose of broadening knowledge about it but just because it is just related on the topic being discussed on the classroom.
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Well, 2021 have shown as a good kick start that boosted our hopes since at the very early stage of this year we have seen how the market booms specially on the part of Bitcoin attaining its new ATH which is a good thing to start this year with. Actually the decision making if you will be rich or poor will be depending into yourself if you will make a move or will just remain as what you are. 2021 is start of another decade to come and many possible opportunities may arise by this year up to the upcoming years but the fate of your status when it comes to wealth will be dependent on how you will work hard on grabbing all opportunities that can be taken and make them grow for your own good and sake. No one knows what can happen in the future but you must act as soon as possible and be wise on conducting your decisions.
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This is really not kinda new for the fact that there are already lots of famous personalities that advertises Bitcoin before most specially on the platform of Twitter having the same like the photo of the tweet attached by the OP. It does not barely kind of advertising for me with that way but seems like a promotion of the wallet or application where you can attain your reward. It is also for the reason that not all celebrities do know about Bitcoin it is maybe just that it is up with the trend that's why they are doing it so to attract people using Bitcoin to support and be popular to them. But no matter what the reason or agenda is, it is still undeniable to be a good publicity for Bitcoin because many people supporting that celebrity will get curious to know about Bitcoin for sure.
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Familiarization about how Bitcoin works will be the first step most specially if you do really know nothing from it and you are being a first timer wanting to engage into investment. Having prior knowledge most specially the basics are very essential for there are certain risks associated upon doing engagement with Bitcoin that can be somehow manageable and be bearable once you know how to properly deal with the associated risks you will encounter. Research is a must thing to do to have better understanding about it for you might get lost in your mind ans funds not knowing what you are doing and might end up getting frustrated and disappointed.
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It is not already new for people to have many opinions about Bitcoin which can either be good or bad and also other institutions putting a hot eye always checking up into the current status happening into the price of Bitcoin. Everyone is entitled to state their opinion for it is up to the person listening if he will accept what he have heard or ignore such and rather decide on his own depending on what he knows and what he is literally saying. no good or bad advertisement. advertisement is advertisement. Somehow these ads are a good thing for btc. Long period, this ads help BTC price Good and Bad ads will only bring interest to those who don't know yet about this investment opportunity. People who received or read this ads will be aware of this system. This is exactly a good point. Good and bad ads will only contain people to get attracted what is really up with the issue due to curious minds they have and now it is up to them to judge whether the statement they have heard is true or not. Bad publicity ever since become still a good publicity for Bitcoin because people are getting curious to know more about it that in fact some recognizes the reality and have already engaged into it.
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Government is always telling people how risky getting involve with Bitcoin is for the reason that there are still government of other countries who still do not fully understand the nature of Bitcoin for what they know are the possible negatives that can be brought by Bitcoin that in fact people using it as a platform for illegal transactions must be blamed and not just barely Bitcoin alone. Also, government is wanting an overall control over currencies circulating in the country that they cannot handle with Bitcoin for they cannot do such thing with that. Government is wanting to have a touch of their power on something that is being valuable to its people. But since they cannot achieve such, there are countries who have still government not allowing the legal usage and massive adaptation of Bitcoin to occur.
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Anything can be possible overtime. No one will totally no the exact happenings to come for we might just get surprise of either a pump or a dump or sudden stability for a while. But either way, we must just see to it that we are ready to adapt om whatever changes will happen for the fact that upon engaging into Bitcoin, we know that its price is volatile and it can go into any direction. No matter what happen into the price of Bitcoin, do not get afraid for there is always some sort of opportunities that can be seen in the highs and lows of its price. It is just into your perspective and the way you deal with things to still get into your side. It is a matter of patience and mindset to deal on unknown possibilities that may happen.
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People have their own different perspectives regarding digital currencies and paper money for it have something to do with their tradition and daily lifestyle into which they are already familiar upon using paper money for their daily life situation than using digital currencies that is quite or literally unfamiliar to them and that the same thing applies for those people using digital currencies rather than fiat. Both digital and paper money have their own essential usage depending upon the user for the reliance also matters into which type of payment method will be applicable for them as a being. There are people that might be one sided on choosing only one but there are also people that can adapt on using both. We must not push force for those who finds comfortability on using paper money than digital currency and vice versa for it is their own will and choice.
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"Trust the process"
Short yet I know many of us will already understand that because there are certain happenings occuring in this industry we are all working with which includes sudden pumps and dumps that makes many of us in here panic. But despite of that reality while we are working and dealing with this volatile market, we must just keep calm and trust the process for we have already gone through many situations like pump and then sudden dump but still being able to stand and recover. It is just a matter of time and patience and all of those will be worth it. Just do not be driven by emotions not to make unnecessary actions that you might regret in the future.
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It is kinda frustrating for the part of those people who have mined Bitcoins way back then having a hard time to regain access on those after a long time maybe due to busy schedule or they have already made forgotten because of many happenings that occur for the past years and now they are wanting to recover those stocked Bitcoins all due because they will be the ones to get benefited once they have been able to recover those Bitcoins because of the current value that it have compared to the value it have when it was first mined or purchased. Sadly some of those lost Bitcoins may or may not be recover at all due to lots of reasons like having no access on the computer already or even on the email and the wallet he have used. But I do still hope like OP, they can still be able to regain access on their wallets and recover their Bitcoin.
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Only sold some but hold the majority of my Bitcoin. I have made up a decision on selling some of my Bitcoins for personal usage and that is kind of confidential and I am looking forward to regain what I have sold once the price of Bitcoin lower down a little bit to be affordable and going to purchase once again and then hold for a while and let us see what can just so happen after a couple of hours, days, weeks, months to better know if I will gain profit or will be needing to just stock it over time. I have not regret selling some of my Bitcoin for there are important things I needed to attend to and I better know that I can still find opportunities to repurchase once again once price lowered down to become affordable and hold it.
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The ultimate winners are those who benefit on the Bitcoin pump which can be already given and obvious that those who bought when the price is still cheap than the current price pump are the ones to be considered as the ultimate winners for they have come into a worthy decision of buying Bitcoin at lower price and manage to hold it for a while until price rises and gain their profit from the pump happening. They are not just considered as patient but as well as lucky for their patience have make them pass through circumstances and now they are gaining their deserve prosperity and benefit for the decision they have made.
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Crashes are already common to make happen in this industry specially with regards to Bitcoin and most of us do already know the risks and consequences we will face since we have been here for quite long time ago and not just saw but already experienced lots of crashes that happened but still look at us being able to remain here despite of that given fact that whenever there is a pump, expect the counter part which is a possible dump just like the big crash that happened last 2018. From that, we have learned lots of lesson and still keep ourselves to be patient and treat the scenario as an opportunity to invest or purchase more Bitcoin on its lower stage. If crash is what making you afraid to get into Bitcoin, then maybe you are not really into taking the risks and consequences that it might get to you.
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Most cases I have read and encountered from relatives and close friends getting hacked out of their Bitcoin are due to carelessness or irresponsibility on handling their accounts or storage where they kept their Bitcoins because some intruder have make way out of their notice to get into their accounts obviously to get rid of their Bitcoin and make it their own. There are cases that they have been get into a link or strange email redirecting them into some strange site or showing strange message and out of their notice their information have been already exposed to hackers and they have been easily jump into necessary data needed to hack their accounts. Most of those have happened because of ignorance since that just so happen when they are still starting their Bitcoin journey. So beware and keep yourself aware of such schemes.
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