Swordsoffreedom
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January 27, 2021, 07:34:25 PM |
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If you don't use custodial service then it is not possible to regulate your coin by govt. The government can ban Bitcoin if they want but no government has the power to regulate Bitcoin. The government will never be able to prevent people from using Bitcoin. I think you are influenced by the lawsuit of the Securities and Exchange Commission against Ripple. Keep in mind XRP is not fully crypto and altcoin is not Bitcoin.
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vaultman
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BountyMarketCap
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January 27, 2021, 09:18:21 PM |
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I think that governments can only control the input and output of fiat money from the cryptocurrency system, no more. Thus, there is no reason to worry until it comes to exchanging cryptocurrencies for fiat money. Most likely, some project will be created that will solve this problem too, since anonymity is worth its weight in gold in our time.
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Annie Bevan4578
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January 28, 2021, 02:49:13 AM |
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It is not possible for cryptocurrency to replace cash in the short term, and it will take a long time for cryptocurrency to gain credibility.
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cocoladygaga
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January 28, 2021, 02:55:54 AM |
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Cryptocurrency will certainly not disappear. In fact, the bank’s research report at the end of last year predicted that the rise of encryption and digital currencies by 2030 is inevitable.
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lepbagong
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January 28, 2021, 11:48:32 AM |
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Governments can f themselves in controlling something that's decentralized especially Bitcoin. Their minimum control is when their citizens use online crypto wallet but crypto itself? I don't think so. This is why I hold a lot of Bitcoin.
All if done with good intentions, of course the state will provide supporting facilities and the government itself will not be harmed in the future. therefore there must be a regulation made by the government so that it can at least reduce the use of things that violate the rules. Even though no one controls and cannot be controlled everything can be done if there is clear regulation from the government so that its citizens do not act against the law.
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Bitcoin577
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January 28, 2021, 12:37:53 PM |
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You are right. We should not stay long in cryptocurrency. We should took profit and then withdraw our profit. Thia is best strategy. So far bitcoin is banned in our country. When it unbanned then we will freely use it for ling term. But bitcoin and sime cryptocurrency need long term hold. So risk is necessary.
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3meek
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January 28, 2021, 01:11:07 PM |
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If you look back in time, absolutely all the people who bought any cryptocurrency 5-7-9 years ago now have huge profits! And it's not necessarily buying bitcoin! That's why I am sure that HOLD is the best strategy!
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DarkDays
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January 28, 2021, 01:14:35 PM |
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I don't really think that the governments of the world would be able to control Bitcoin and Cryptocurrency in general.
That's exactly right. There are way too many ways and way too many people using this new generation of technology that makes tracking nearly impossible. As long as you declare your earning when you cash out, the governments have got nothing on you. They simply do not have enough resources to deal with such an explosive ecosystem. The only way is to find a way through the other end-taxes and pass certain laws about crypto usage but nothing more.
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francois-cooper
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Your Data Belongs To You
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January 28, 2021, 01:26:00 PM |
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i would say : don't stay in altcoins too long. Graph show us that yu can hold bitcoin, it always pays off.
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MrMPy
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January 28, 2021, 05:04:49 PM |
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I am pretty sure that cryptocurrencies are not so simple to control.
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CODE200
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★Bitvest.io★ Play Plinko or Invest!
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January 28, 2021, 05:37:38 PM |
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If you look back in time, absolutely all the people who bought any cryptocurrency 5-7-9 years ago now have huge profits! And it's not necessarily buying bitcoin! That's why I am sure that HOLD is the best strategy! A good strategy but I doubt it is the best. The best way in my opinion is to "buy low, sell high" because in such way, profit will be earned at a faster rate and also, the market price is not consistently increasing as years are passing by. For a long run it is, but consider how many years will be needed in order to generate a profit which could be earned for a year only if you'll do 'active investment'. Going back, whether to stay or not, it does depend to the user. If he feels bitcoin and crypto investments are risky, the one is free to go. No investment will give assurance on the profit and I think it is also applicable in this technology.
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Renampun
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January 28, 2021, 05:40:28 PM |
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Crypto is ruled soon by sec and goverment its not goodw
Make your cash and get out of crypto Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good
We stay for using cash
*until when will you keep using fiat cash...payment systems with digital money and cryptocurrency are the future of the world's transaction systems. Don't just because of a few small rules about cryptocurrency you get scared. Currently, Bitcoin has become a safe haven for several large companies, mass adoption of cryptocurrencies is in sight.
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finaleshot2016
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Degen in the Space
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January 28, 2021, 05:42:02 PM |
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Crypto is ruled soon by sec and goverment its not goodw
Make your cash and get out of crypto Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good
We stay for using cash
Nah, I'll stick on using cryptocurrency even the time comes they ruled over it. There are plenty of ways to do where they can't control your bitcoins in the future and I'm holding it until it surpasses the ATH. The only thing I know that they will do to control is to put a tax on it, the transfer of money in and out. Bitcoin will be always decentralized, no one can ever centralize it because if there are ways, they've done it already since bitcoin already shows its potential in the year 2017.
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South Park
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January 31, 2021, 10:51:14 PM |
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I think that governments can only control the input and output of fiat money from the cryptocurrency system, no more. Thus, there is no reason to worry until it comes to exchanging cryptocurrencies for fiat money. Most likely, some project will be created that will solve this problem too, since anonymity is worth its weight in gold in our time.
You are not wrong but there are many ways in which they may try to subvert this market, we need to be honest most people are not going to be able to secure their coins properly and they are going to get hacked as such they will look for a solution to this and most likely this will mean the use of centralized bitcoin banks, I know this goes against the ideals of bitcoin but people are going to do it and as long as the majority of those holding bitcoin does this governments and banks could slowly begin to take control over a great number of coins.
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CarnagexD
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January 31, 2021, 11:07:09 PM |
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Cryptocurrencies is ruled by the people, not some government as you were trying to put it out to be. Most cpuntries even ban cryptocurrency use and investment because it is unconventional and unprofitable kn the government's part. Which is something they really hate apparently. So no, bitcoin or any other cryptocurrency for that matter will not be controlled by a single governmebt. Not today, not ever.
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panganib999
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February 01, 2021, 02:12:13 AM |
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Cryptocurrencies is ruled by the people, not some government as you were trying to put it out to be. Most cpuntries even ban cryptocurrency use and investment because it is unconventional and unprofitable kn the government's part. Which is something they really hate apparently. So no, bitcoin or any other cryptocurrency for that matter will not be controlled by a single governmebt. Not today, not ever.
The goverment wants to control the movement or market of cryptocurrency. They want to have some tax on cryptocurrency transactions because they believe that in that situation it'll make or earn a lot of tax. Mostly those goverment that onky look on the perspective of how they will get some part of it. And as we all know bitcoin today is one of the most unpredictable yet positive coin in terms of its value or high time this year. I think staying in crypto for a long timr isn't a bad idea yet in your stay here in crypro for a long time must give you some prior knowledge on how it moves and what are those things you must consider. Cryptocurrencies are big things today, every single person who heard of it might want to invest and learn how it works.
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jjdub7
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February 01, 2021, 03:17:05 AM |
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I was away from crypto for a while, and I can tell you that the excitement of being back is fantastic. So many new projects and info that I'm feeling like a little kid in a candy castle So it's enough to be away from time to time, but don't write crypto off entirely.
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Wulan_maniez
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February 03, 2021, 10:05:50 PM |
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No one can manage crypto and the government, it is impossible, even in the future crypto is free for anyone. No country regulates the existence of these assets. We’ve been using crypto all this time and have benefited from it. It’s very good, it doesn’t matter for the long term
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Birb
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February 04, 2021, 01:35:30 AM |
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This reminds me of a quote about our privacy. "Without privacy, there was no point in being an individual." - Jonathan Franzen
Privacy is very important. The older you get, the more you realize the value of privacy.
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Amejoaquim
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February 04, 2021, 09:15:59 AM |
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Just don't be too greedy and don't buy more than you can afford to lose.
And keep checking the news about your investment, i think this is the best way you can do for your investment.
But if you really think it gonna happen very soon, then you just need to stay away from crypto.
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