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Keith700

So much boom in cryptocurrencies

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I tried to understand your topic and relate it to the events that have occurred in the field during the past years but I could not in it, can you explain to me what the term  BOOM means?

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Many crypto currencies are growing now, bitcoin has grow very good and its keep growing everyday. I was holding some amount of bitcoins apart from my trading capital, am glad because i made a good profit when the price increases.

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Time is the ultimate weapon!

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Yes, this is a very interesting situation, of course it can be different, but the fact is that this system is called as a boom! of course, it may not be profitable for everyone, it is a kind of cryptocurrency HYIP that can contribute to the destruction of Fiat, and many people are worried about this!

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On 10/20/2019 at 10:00 AM, 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 expected since the demand of currency stabilization thus the creation of cryptocurrency, many users all over the world are connected and the transactions are being faster than before because we are in the age of information so as time goes by the boom in cryptocurrency will keep up until man evolves to digital currency completely. 

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On 6/12/2020 at 10:55 AM, TimopheyKa said:

Yes, this is a very interesting situation, of course it can be different, but the fact is that this system is called as a boom! of course, it may not be profitable for everyone, it is a kind of cryptocurrency HYIP that can contribute to the destruction of Fiat, and many people are worried about this!

Nothing will happen to the fiat, the fist itself is also a digital currencies as it can be written digital and used for electronic transactions, cryptocurrencies  are only just and alternative. Fiats even attracted more people than cryptocurrencies. 

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Yes it is right. If we hold a legit crypto currency. Mean it must be in top 10 so it will give more profit after a long time. Long time holding always give profit.

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It is not  predictable weather the coin will be at high whuch yiu calles the boom, I think one will only be unfortunate  enough if he has invested and bkthibg happened. 

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In my opinion  inflation may be on all the States  but it doesn't mean that the unrest of the country may be reduced by any reason. Now a days there is a great opportunity to sell or buy the Bitcoin. Because  in the market it's price will reaches to the 20000$ or more. But don't lose hope when the price is low , just keep hold up and earn a profit and the good time.

 

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On 10/20/2019 at 5:00 AM, Keith700 said:

Adopting a digital asset for such a long time makes your 100% adaptation become more than 1000% a conceptual issue of boom.

I am sorry but I am understand very few from anything you were wrote in the post and did not anything from this sentence. You are simple make no sense my dear. But I am known about Venezuela and Argentina that you are descibe they are have big inflation problem for years and the crypto is helps them a lot.

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The price of cryptocurrencies is rising and the price of fiat is dropping so there is no question here. You are correct that crypto is the answer but we also have to remember that prices are very volatile and can also drop a lot. If this drop makes no difference in some countries it makes more important to hold crypto instead of fiat for them.

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Cryptocurrencies are booming and it is very important to have some in the side as a precaution and as a protection for the rest of your investments. There are times when nothing else works and cryptocurrencies will be there. Bitcoin will be the top for most of time and maybe will rise a lot more in price to be a great investment.

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Bitcoin will keep rising no matter inflation or deflation. Deflation is a cause of recession by the way and it means that prices are going lower instead of higher. This happens because consuming is reduced as wages are also reduces, unemployment rises and gdp dropping.

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What means so much boom friend? So much profits maybe? Boom is a word that describes an economy when it is rising. This is what you mean that cryptocurrrencies are rising? It matters most to rise in adoption too and not only in price. We hope that many will use them but I can't say that all cryptocurrencies will be good. Already most of them have huge inequalities.

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I could not comprehend whether to which I should define the boom that the author of this thread is talking about. The only thing that I am sure about to relate the boom in crypto currency is that the price range of the bitcoin. This crypto currency is continuously rising up its price range in the trade market which I think the reason why the crypto currency in the public now is booming also. This sudden rise to bitcoin would potentially invite unknown new users in engaging themselves to crypto currency and take a try to generate profit with making an investments to their choice.

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Cryptocurrencies will keep rising and national fiat will keep deminishing. This is the difference between these. Of course some cryptocurrencies are worthless but I'm talking about Bitcoin mostly.

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Cryptocurrencies are booming and the crypto markets are watching millions of people buying with interest to invest for the future. I don't know what exactly are these exchanges doing and trying to bring prices down but they seem to want to shake out everybody with sudden movements. 

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The situation in some countries is that after some days if you still hold money in cash or in your bank, they are a liability and you can't buy anything with them. In argentina inflation is between 20%-50% for many years now, maybe for decades. Most people there use Bitcoin. In Venezuela it is even worse with millions of % of inlfation for a few years now. Even if price of crypto moves down it is still safe haven for these countries.

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Bitcoin is booming lately for many reasons. One has to do with the escape of the covid problems and the central banks that increased the money supply something that always favours a crypto asset like Bitcoin. The rest cyptocurrencies are just following Bitcoin trend and don't have a big chance of success.

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Crypto is on the rise and there are many reasons.

  • Financial instability with fiat
  • Recession Fears and need for store of value
  • Best Technology
  • Decentralization

These for me are the four most important reasons that make cryptocurrencies be on the top of investors lists.

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I think the cryptocurrency boom happened in 2017, nobody expected the bitcoin price to break the $ 20,000 bitcoin price and it was the first explosion that surprised people. I hope there will be another explosive boom that will make bitcoin holders profitable.

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At first many had doubted it and didn't believed on its potential, but see it now it is hugely improves in just a span of how many years and continue making some history. I regretted it that it is too late for me to discovered this masterpiece, but now I promise to myself that I will use it until the end and continue believing. That's why I'm here accumulating some satoshi and I will make it grow by doing some trading in the future.

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BTC is the market running coin and this is the world high rate coin and now soon the crypto market touch the sky and that time also the other crypto coins go to high that time and i am just waiting for that time now.


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Yes, I think there is a high demand for cryptocurrency, people already know that cryptocurrency is a valuable asset and deserves to be a profitable investment in the future. The boom will continue as long as crypto price continues to benefit its users.

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Yes definitely the usage of cryptocurrency is on the rise exponentially ,especially when we take the case of the major cryptocurrency like Bitcoin, the value of Bitcoin change by almost 30% in 2 weeks, the profit which can be attained by cryptocurrencies is is very large.

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Yes, dear friends, cryptocurrencies in recent years have become very popular where more and more people are interested since for me it is a great technology and it is the future of transactions due to its speed and security.
Good luck and big winnings for the whole community
A big greeting

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