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From all the bitcoin predictions I've seen, his prediction on bitcoin going 500k is the highest. Seems like he is very confident about it having bets on this. I am confident that bitcoin will soar higher but who knows how much it will be.
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I have been reading some blogs about deepweb. Many people here might be knowing the fact behind deepweb.
One pf the most known deepweb site- AlphaBay, also known as "the new Silk Road," has been shut down since Tuesday night. The site also came in the news at the beginning of this year when a hacker successfully hacked the AlphaBay site and stole over 200,000 private unencrypted messages from several users.
Nearly 1,479.03904709 Bitcoin (roughly $3.8 Million) were in use in the site. as the site got closed, all the bitcoins were stolen by the site owner ( according to news).
Is it the reason behind bitcoin market fall as the price started falling when the site was closed??
I think that situation in deepweb does not have connection on the deflation of bitcoin. If ever there are stolen bitcoin in the black market, those stolen bitcoin would still circulate in no time. |
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Bitcoin will remain as it is. It may experience some changes. But its popularity and adaptatio to many countries will lead bitcoin to soar higher. It is natural to go down sometimes and regain its worth.
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If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?
I will just hold my bitcoin. There are really times that the value of bitcoin is down but what's sure is it will regain its value from being down. It's also good if you depend what you'll do on the current trend about bitcoin. Observe and then do the move. |
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Bitcoin show signs of popularity to every people in the world, profitability of it makes me imagine that one day we can deposit and withdraw bitcoins in Banks.
If it happens, my question maybe, is it good or bad? for us bitcoiners, or for bitcoin itself.
In my opinion: what yours?
This is possible to happen in the future ofcourse. Based on how bitcoin is doing right now. Many have given their support to bitcoin and even some countries have leagalized it. If this happens, banks will use bitcoin to earn profit from our own bitcoin. Ofcourse they will have fees for every transaction you will make, somehow it will help the economic growth a little. |
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Bitcoin still has a high value compared to to its price when 2017 started. I think there is a small possibility that bitcoin would reach 1000$ until august. But let us all be ready and grab the opportunity to buy more bitcoins and wait for it to pump again.
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This is a great news in bitcoin society. Having bitcoin legalized in many countries will also give us the confidence that bitcoin bitcoin will not come to an end. It attracts so may investors as well so this is a reminder for us not to worry about how bitcoin will be in the future.
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On the scenario of bitcoin falling down, I choose to convert my btc from btc to our currency and left some amount to hold btc. I converted btc so that if the price of btc drop I will have the opportunity to buy btc again. I know that bitcoin will not stay down like what's happening it will pump again soon. Let's just take it as an opportunity to buy more bitcoins.
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Bitcoin may be different from the actual currency in our country or fiat but it can exceed the limits of what fiat can do. There are some instances that bitcoin can be a more convinient way of paying transaction instead of fiat. Yes, we may considere bitcoin as an asset but it definitely a useful one.
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Maybe because they are doubtful about how bitcoin will be after the hardfork on august. They are afraid they will lose bitcoin in their account and btc value will dump.
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Yes. It is one of the safest way on how we handle cash. It would need private keys in order to access your account that you yourself only know. It is also safe in a way that you will not be tempt to use it in useless things.
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Probably because most of the men think they have to work to make money. So they choose to work. While their women prefer to take care of the household rather than work.
I dont think this is the reason why male is dominating the use of bitcoin. We are already in millenium times. All the things the male can do can be done by female too. I think the reason why there are more male in bitcoin is because male has more interest in this line of job. And males are more dedicated when it comes to computer related works. |
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This is a great project. Hoping for the best result for the investors and the dev. It would be wise if the ivestors invest in this project as early as possible.
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I'm not afraid of August 1. I am willing to take the risk of holding my bitcoin and Alt coins. So whatever happens, I will accept it. Taking the risk aint easy but when the results are good you will profit for sure.
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Bitcoin being anonymous will make hard even impossible for the government to step over. There are so many bitcoin users which cannot be traced by the government. Also, as long as there are big countries to adapt bitcoin it will not allow bitcoin to be frozen for sure. Causing it to pump.
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It is quite normal for a cryptocurrency to go down. Itbhappens all the time and bitcoin probably revives itself from dumping. Just hold on to whatever you have and get ready to be surprised for the pump of bitcoin and other currencies' value.
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As per coinmarketcap website, we have 970 crypto currencies available at this point of time. If we sort the list by clicking on Change (24h) column, I can see that price of only 13 coins were increased in last 24 hours. Rest all coins are facing the depreciation.
Even bitcoin price is standing at 2359 USD at this point. Are we moving towards a Global Crypto Currency Depression? What's causing this massive depreciation?
That is true. There are so many crypto currencies at this point. But that doesn't mean each of those currencies doesn't have a chance to rise. Maybe there are top crypto currencies that is really soaring higher but those currencies have also experienced a depreciation. This wont take long. Crypto cyrrencies have so much to offer for us. |
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There is no need of a pushing, let it grow on the gradual manner as it's now. If this needs to be promoted already several advertising might have been done, but in reality the growth is enormous and trustful through word of mouth rather than other means of promotion.
True. There is no need to push bitcoin because we all know that bitcoin has its own way of moving. Since more and more people are having much more interest in bitcoin, it can help to promote bitcoin through telling stories and positive statements about bitcoin to others who doesn't know about it. |
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Hello everyone,
I would like that each one participates in sharing the different sites shopping online (International) that accept the bitcoin, as well as different ways to spend BTC, thank you.
What is your purpose of having a bitcoin? You must know it for yourself. You could use it as payment for you product purchase. But not all accepts bitcoin as payment. But you can exchange bitcoin to fiat so that you'll be able to purchase and pay the product you want. You could also try trading and investing your bitcoin if you really cant think of anything you want to do with it. |
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So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
It is a good way to start mentoring the kids while they’re still young. Kids now a days are well knowledgeable about using internet and computers so it wont be hard for us to teach them. And about teaching the kids on saving bitcoins it is a good idea. Also we must teach them how to earn bitcoin. While earning they must also learn how to save. Give them all the great possibilities that they will have if they do earn and save bitcoin. |
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