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Keith700

So much boom in cryptocurrencies

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Iran and Venezuela are among the countries that suffer economically, and cryptocurrencies have found the best investments and the best way to preserve their financial assets and not to lose them and develop them, and this is what they do as they use Bitcoin and Ethereum in payment operations instead of the dollar in various industrial and commercial fields and thus reduce the demand for the dollar.

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The number of people who use crypto and digital currencies is increasing on a daily basis. They are starting to admire this technology, which is why the demand for this currency will increase and the price will increase.

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Rate of inflation is one factor which affects the value of Fiat currencies to a great extent. The fact that cryptocurrencies are unaffected by inflationary tendencies makes it a great medium of exchange as well as investment for the users. This has significantly led to the increase in the importance and value of cryptocurrencies and hence there will be boom in this and the coming years also.

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Yes, cryptocurrencies are witnessing a very great boom, gaining reputation and an increase in members and followers, and we must support this forum with everything possible so that we can always improve together.

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On 10/19/2019 at 10:00 PM, Keith700 said:

The boom has already been presented for a few years ago (remember that at the beginning this issue of encrypted money was not so important), the boom and take in large amounts of bitcoins or other is thanks to the capacity of deflation, revaluation and avoidance of constant regulations, this boom is born and caused by the characteristics that I just mentioned.
For example, if you see the case of Venezuela, you realize that the boom is becoming more exponential thanks to the fact that with the cryptocurrencies the people of that society repel and take care of the constant exponential inflation they experience each year, as well as in Argentina.
Adopting a digital asset for such a long time makes your 100% adaptation become more than 1000% a conceptual issue of boom.

People with economic problems, the recommendation is that everyone come to cryptocurrencies, just as the countries that are intelligently joining this world of cryptocurrencies is an excellent option, I always recommend it.

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On 10/19/2019 at 10:00 PM, Keith700 said:

The boom has already been presented for a few years ago (remember that at the beginning this issue of encrypted money was not so important), the boom and take in large amounts of bitcoins or other is thanks to the capacity of deflation, revaluation and avoidance of constant regulations, this boom is born and caused by the characteristics that I just mentioned.
For example, if you see the case of Venezuela, you realize that the boom is becoming more exponential thanks to the fact that with the cryptocurrencies the people of that society repel and take care of the constant exponential inflation they experience each year, as well as in Argentina.
Adopting a digital asset for such a long time makes your 100% adaptation become more than 1000% a conceptual issue of boom.

It is a good point what you are mentioning, every day cryptocurrencies are popularized because of the key factor in some nation that is in crisis so I think that cryptocurrencies are their solution and for this reason is that there is more volume of people starting the world of cryptocurrencies.

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My friend, cryptocurrencies have taken a very large and wide turn in their history, so the year 2020 has reflected very positively on the expansion of cryptocurrency trading, as the world is in the shadow of the Corona pandemic and the quarantine everyone needs income and there is only work on the Internet and there is no greater income than cryptocurrencies for people, so this has spread and flourished  Recently much thanks

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On 10/20/2019 at 8:07 AM, Bills said:

What happens is that in Venezuela there are still many people who do not know the technology and worse still do not believe so explain, they think it is a scam, many prefer jobs fulfilling schedules and a base salary, which has forced many to leave the country, Now adoption is happening but very slowly.

Now Venezuela  is a way better for accepting cryptocurrency. They're gaining benefits from crypto. Maduro is supporting blockchain technology & that's a great start. Venezuela will be a country for making economy stronger from help of cryptocurrency I think. 

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Cryptocurrencies in the world are causing a lot of joy to countries that suffer from inflation and have economic problems because cryptocurrencies are very popular in countries like this for the simple reason of their benefit, so I think that cryptocurrencies are a great support for poor countries with economic problems.

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In particular, there may be instantaneous increases in value from time to time in bitcoin. Because it is on the internet, people can make big investments and convert their money back to cash easily.

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Yes, my friend, you are right, cryptocurrencies have flourished in the period, having been rejected by the international community, but the major powers soon regained their acceptance clearly with a simple reorganization in them, which is great, and thanks to which their popularity has increased very dramatically. 

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I think the cryptocurrency boom occurred in 2017 and also in 2020, this explosion was because the price of Bitcoin had gone up and the price of other cryptocurrencies was also rising. Traditional finance is so vulnerable to inflation that we need explosive finance like cryptocurrency. The economic crisis that occurred in several countries made people start to think that saving money in the form of fiat is not safe. We need a store of value whose value does not decrease like gold but is easy to store and easy to transact, cryptocurrency is the answer.

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 yes gentleman you said absolutely right in these days the market of the cryptocurrency is on its peak level and you can see a boom period in the market especially the price of the Bitcoin is good in these days and the price of the Other coins is also good

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Bitcoin, bitcash and Ethereum are the most demanding crypto currencies and the prize of these currencies are increasing day by day. According to my opinion and experience these coin that I mentioned is a good chance for us to get benefit by investing it into trade market. But prizes of every coin fluctuate every time so we should not be panic about this and work without emotion. 

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This is totally true, many countries, due to their mismanagement, always tend to fall into hyperinflation, taking into account this their inhabitants are looking for a way to deal with all these things and cryptocurrency is the best option for them. I hope that cryptocurrencies are more every day. accepted to improve the whole world.

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Lately there has been a boom in Cryptocurrency. This is because of the sudden demand for the currency because of new investors. This has shot up the price of Bitcoin and to a certain extent the prices of alt coin.

The price of Cryptocurrency is volatile. Price may fall or rise anytime without any warning. There is a boom in Cryptocurrency due to new investors and awareness of value of Cryptocurrency.

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there are the differences between the cryptocurrency and the financial system and the place you are talking about is the only place where the people will be able to enjoy all the boom of the currencies.

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Not only in cryptocurrencies, but in any sector that operates on a well organized and fully functional as well as maintenance some form of transparency will always boom at the end of the day. 

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Many people still do not believe in cryptocurrencies until now, although large companies have begun to do so. There is a fear of cryptocurrencies and governments are exploiting people's fear in order to maintain control and centralization. Cryptocurrencies are the best solution for the economy and the future is certain to be.


 

 

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The state of Venezuela is one of the countries that is keeping pace with the ballooning in a great way, and its acceptance of dealing in cryptocurrencies encourages all who live there to trade, and this is what is actually called currency boom.

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Actually Crypto currencies system in 2020/2021 had undoubtedly proven to be the break through for ordinary hard-working and responsible individuals who are determine to change the living standard and gain economic freedom. Investment making and trading of Crypto coins is the key to successful economic living

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I think that the spread and prosperity of cryptocurrencies is increasing day by day, due to the people's confidence in them and the confidence of some large companies that have already supported these currencies such as Amazon, Paypal and others, and this large spread will lead to the complete adoption of cryptocurrencies in the near future.

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I expect that in the future there will be an increase in dealing in cryptocurrencies, especially in electronic payment. Cryptocurrencies continue to flourish and spread throughout the world, so their dominance is expected in the future.

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Crypto currency have been growing so rapidly of recent and you can see how good the prices have been growing. If you have been following up the prices of most coins have been on an you trend and I think this is why most people want to join crypto making the prices grow more and more

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Thank you, my dear friend. I have benefited from this information and I want to say that Bitcoin as the oldest and basis for digital currencies and since companies support it will increase its price a lot to increase demand on the one hand and because it is the most supportive on the other. All appreciation.

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