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The possibility of bitcoin to be an international currency is always there anytime, because over time the user and popularity of bitcoin is increasing.
Even with increasing number of states that declare the legality of bitcoin will certainly have bigger impact on bitcoin progress in the future.
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If we go back to the early beginning of the bitcoin introduced, Japan already become one of the countries who accept the bitcoin. Even there is one of the largest exchanger company named Mt. Gox in 2011 in there. This shows that Japan has already become aware of bitcoin big opportunities. And it does not stop there today the giant trade in Japan has received bitcoin as a legitimate payment tool called Marui. So I agree if Japan become lader of bitcoin trading.
It is appropriate that Japan is said to be a bitcoin trading ladder for now because the existence of the Japanese government is very influential on bitcoin trading so that it can trigger the rising bitcoin prices. |
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When bitcoin prices have increased drastically, I rarely use bitcoin for online payments via bitcoin like paying utility bills and internet.
Now i use bitcoin for trading and investment purposes although small but i always save from my earnings from trading and signature campaign results that exist in this forum.
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It seems that bitcoin will continue to progress as long as there is an electric current and an internet connection as an access that can connect with bitcoin, the possibility of bitcoin will persist for the next few years, perhaps even until bitcoin becomes a legal transaction tool that can be used by everyone and in various countries.
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Maybe if it does not have an urgent need it would be better to save the bitcoin we have as an investment, because by holding bitcoin for the next few years is a safe investment would have a chance to gain profit.
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I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
Depends on how long you intend to hold it. If you intend to hold it for the long-term, it shouldn't have too much risk. the price will go up and down, but will probably be in an upward trend in the next few years. i think risk is not only there in bitcoin but in every kind of trading and investment. i think without taking risk it is even not possible to make money. I agree with you, any form of business that is done and hope to get a profit certainly has a risk either real business or online business. And is a business risk if in pact we must get a loss or profit. My advice if you do not have Beliefs about investing in bitcoin, it would be better to look for other investments that have better progress than bitcoin |
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Username: zeze18
Posts: 412
Activity: 238
Position: Full Member
ZENCASH address: znk2LKfd6cLTHdUzor1ikkWGLX3QUTc9cBM
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I have received payment for this period, and I'm happy I can join this campaign, thank you
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I prefer bitcoin when compared to fiat currency because of me
Now is a source of income that can create business opportunities. Although my income in bitcoin is still small but i am sure one day my income will increase along with the increasing bitcoin users who are growing all over the country.
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It seems that after this time bitcoin prices will increase again, and of course this is a thing for all bitcoin users.
I think for now it would be better to hold the bitcoin to wait for the price to go up in order to make a profit.
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The increase in bitcoin prices after August is something of hope for all bitcoin users, as this gives a good impact on bitcoin users about financially.
And indeed investing in bitcoin is a positive thing to gain profit but of course it would be better if done for the long term about 2-5 years ahead.
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Yes, we still have a good chance to be rich with bitcoin, but I think it's not something instant and easy to achieve, surely it can be overcome with extra hard work and struggle and backed with bitcoin knowledge and abilities.
And there are various ways that can be taken to benefit from bitcoin such as trade and investment even some of us who try his luck with gamble, but remember in gambling only luck alone is the hope to achieve victory.
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Certainly money has an important role for every normal human living in this world, the contribution of money has a great impact on survival.
In many ways they do to earn money even not the least of humans who commit crimes just to earn money
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I agree with you, it may be inappropriate if the age of the children should learn about the crypto world, except for only a basic knowledge of bitcoin.
Although at the age they certainly still have a better memory when compared with adult age but it seems there are many other science better for them to learn other than crypto.
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I think there are more users out there who feel the good benefits of bitcoin for their finances, though we seem to be too late to know of a bitcoin business because they first had it before bitcoin prices are as high as now. But of course everyone is hoping there will be a big spike on prices Bitcoin after this august phase
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To perform speculative action will require little risk, as well as investment in ICO coin. Although sometimes can get great results, but not a few of those who lost, due to invetasi is not clear. I think to do that should do some research first to avoid the losses incurred on coin investment that is not yet clear
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It is possible now that the legal proceedings for bitcoin crime have not been able to fully get a good settlement in the way we all expect. If the case is in an illegal place bitcoin, I think it is rather difficult to get legal protection assistance from the authorities.
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Of course the bitcoin legality has never had any effect on bitcoin activity, and i think it might be lucky if your country still doesnt have a tax regulation on bitcoin. But once in a while the government will apply tax payment rules to bitcoin users.
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Btctalk name: zeze18
Rank: Full Member
Current post count: 393
BTC Address: 15URuQKNTwQC5RjK8YFj9zGnKG6PUb37KY
i will wear avatar and signature after acceptance.
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I do not think there is direct correlation between the two considering gold is being accepted worldwide from ages and so is not the case with bitcoin at present. Well gold can be bought/sold by anyone across world legally but bitcoin cannot be in many countries.
There is no relationship between gold with bitcoin, because both have different features and functions as well as how to use them. Although bitcoin can not be used globally for now, but over time, bitcoin will gain recognition of its legality and can be used across the country. |
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