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The light and the dark side of Cryptocurrency

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I know, a light of hope. Basically, it has brought a ray of hope for all. Through it many people have been able to earn and they have been able to meet their needs. Through this many people can gain a lot of knowledge. Atikon cannot bring darkness. It is always improving people.

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If cryptocurrencies are dealt with officially, the difference will be clear between them and fiat currencies in terms of transactions, routine and dealing in other matters. In my opinion, governments should centralize cryptocurrencies.

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The pluses are the ability for anyone in the world to work with it and send money to anyone else within minutes through their respective wallets. It has great privacy and almost no taxes, in addition to its almost impossible penetration. The negatives are its use to trade weapons and drugs because as we mentioned there is no personal data  Another disadvantage for states and not for members is that they are not subject to taxes.

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There are a lot of things that distinguish cryptocurrencies from fiat currencies, and one of the most important of these features is the inability to pursue them, which leads to significantly lower taxes, and this is wonderful.

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Everything thing in this field of crypto have two sides bad and good and bitcoin is not different. The bad side of bitcoin some people use it for criminal actives and on the other hand, the light side of bitcoin gives us financial support by earning from different aspects of the field.

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The dark side of Cryptocurrency, there's a lot of bitcoin scammers in bitcoins. We can't stop those scammers but the light of Cryptocurrency it's profitable you can earn a lot of money in bitcoins. You can invest and trading Cryptocurrency, Join in campaigns and forum this is the light side of Cryptocurrency.

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The dull would be a many individuals are utilizing digital currency for a terrible expectations, for example, to conceal their unlawful resources or utilizing them for a wrongdoings since its obscurity and some more. The light would be it's a wise speculation..

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According to me cryptocurrency is valuable and profitable currency. So we can earn money by different way such as posting ,trading, mining, and investment.  But for this we need some knowledge about cryptocurrency, if we have then we can amke more valuable and can earn money from cryptocurrency.  But dark side it we can scame.  But it not cryptocurrency it our mistake so when we adopt any projects which we don't know that we can lose money and it good if we take suggestions to other and then make decisions.  But if you think that it can be use illegal.  But most of currency and fiat money can be use in illegal way. But this is high level price currency and we can take advantage. 

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Well, the great features of cryptocurrencies offer many different solutions and areas, but they can be dangerous, so these features must be exploited in the right way without going too far, they must be subject to strict laws and conditions that limit their freedom in order to be used safely and legally

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I see a good future for crypto. where people are already using the advanced digital era and using crypto as their transaction, they can buy clothes, clothing, food and so on using crypto.

 

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Well my dear friend you are right, there are many positive and negative aspects of everything in the world but I think the positive aspects of encrypted currencies are more than negative and negatives can be overcome with the advancement of technology

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The light and dark side of crypto currency firstly the light side of it is one will gain profit benefits and lot of value by having knowledge and experience on how to make trading and investment which will make you earn more money within short period of time and the dark side of it is when one is making the trading and investment without having knowledge and experience on it one will loose his or her capital profit and also will loose alot of values 

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Dark side is the crypto that if someone exchange will close and we invest good money to that exchange because when the exchange will be closed our all money is gone and the bright side is just that when we invest our money in a coin and that will pump so much and our money is greater than 10 times...

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As we all know,good sides of crypto is the convenient way of transacting,buying stuffs and earning money from it without the needs of going to work,but every good side has its bad sides and one of this is its votality in price,and price depends on the demands so we will never know what else crypto can give to us in the future,as it has no stable price so we either win or loss.

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Cryptocurrency is having many advantages like its giving us much beneficial in our lives to improve by earning good here also with profit so i think its the best thing about it that its helping people financially this is the great thing we all know and in the same its may have disadvantages because nothing is perfect in this world. 

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Well it really depends based on the action we made through crypto. Good side is that most of us benefits from like earning and having easy transactions but it can be bad with having transactions for bad actions.

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Yes, my friend, I think it's a good side that we can make money and spend it on good things, for example, we can buy real estate that we can donate to the poor through this work, and it's a bad side for some people to work for bad things, for example, financing terrorism. 

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Organized crime groups in Latin America are turning to digital currencies to launder large sums of money so that they can hide their tracks, and among the most famous incidents, a former Microsoft employee was recently convicted of stealing more than $ 10 million and laundered using well-known virtual currency mixers.

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It is bad to have these negative ways to use cryptocurrencies for me, I do not currently buy with them because in my country this feature has not become possible, but I think that I will be able in the future to buy anything using it and also it is very convenient and has a speed of use and safer than paper currencies.

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If we talk about the future of the crypto currency then in my point of view it's  bright.. We can say it as the future of the world.. In coming years it will be accepted all the countries which are banned this till now.. As the countries are knowing about its benefits, they are allowing it in the countries so that they can get benefits from it. It has a lot of advantages. Due to this currency the fear of being snached of your papr currency is minimize. 

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The light side of the cryptocurrency this is the aspect where you participate and also invest to make income while the dark part of it when scammers and hackers are planing to scam you and their late got the opportunity it is going to be a bad story.

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Hello dear, I think that the cryptocurrency has so many advantages that targets can benefit from, but the only disadvantage of the cryptocurrency is the failure of retrieve transaction to wrong address, thank you. 

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What I see for me on the positive side is that cryptocurrencies will make it much easier for us to transfer money between people in particular and between countries in general. On the negative side, it is the possibility of a sudden decrease in the value of cryptocurrencies for some reason and thus losing our money, but in my opinion this is a weak possibility, but it cannot be denied.

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Every thing in this world have light side and dark side. It means that no one is perfect here. Like this cryptocurrency is also not perfect. There are lots, of advantages of cryptocurrency but it has also disadvantage that could be neglected. 

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    • CryptoNews of the Week     - As expected, on April 20, the fourth halving occurred on the bitcoin network at block #840000. The reward for mining a block has been reduced from 6.25 BTC to 3.125 BTC. It's worth reminding that a halving is the event that reduces the reward for mining new blocks in the bitcoin blockchain by half. This event is encoded in the code of the first cryptocurrency and occurs every 210,000 blocks: until the mining of 21 million coins, presumably in 2040, when the cryptocurrency's emission will end. The fourth halving will ensure that about 95% of all bitcoin emission is mined, with approximately 99% of all coins mined by 2033-2036. Following that, the emission will gradually move towards zero. Economist and author of the cult book "The Bitcoin Standard," Saifedean Ammous, congratulated the crypto community on the halving. "For the first time in history, people have a form of money whose supply increases by less than 1% per year. [...] The harder the money, the slower its supply increases, the better it retains value in the future, and allows for planning and securing the future," he wrote.   - In the days following the halving, there was no increase in volatility. The price of bitcoin slowly and lazily moved upwards, reaching $66,000 at the time of writing this review. It seems that market participants are frozen in anticipation of who will start buying or selling the main cryptocurrency en masse. However, the founder of venture company Pomp Investments, Anthony Pompliano, believes that within 12-18 months, the coin is likely to first undergo a correction and then rise to $100,000 with chances of reaching $150,000-200,000. "At the moment, the probability of a decrease is quite small. [...] I see no reasons for the rate to drop below $50,000. I think we have already crossed this Rubicon," the entrepreneur believes. Pompliano recommended buying gold to those looking for capital protection from the fall and the first cryptocurrency to those aiming to increase their purchasing power. "After the previous halving, the first cryptocurrency appreciated eightfold despite volatility. Name any other asset that has shown such high returns over a four-year cycle," he stated, revealing that he invested about half of his personal funds in the first cryptocurrency.   - Analysts at QCP Capital believe that bitcoin optimists will need to wait at least two months before assessing the impact of the recent fourth halving. "The spot price has only grown exponentially 50-100 days after each of the previous three halvings. If this pattern repeats, bitcoin bulls still have weeks to build a larger long position," their report states.   - According to Bitfinex experts, the post-halving supply restriction will stabilize the price of the first cryptocurrency and may contribute to its growth. "The decrease in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, sharply contrasts with the average daily net inflow of $150 million into spot ETFs. This underscores a significant demand and supply imbalance which may contribute to further price growth," the Bitfinex report indicates.   - A sharp increase in transaction fees on the day of the halving gave Euro Pacific Capital president and "gold bug" Peter Schiff another reason to declare the failure of the first cryptocurrency. On April 20, amid the reduction of the block reward, the average size of fees in the network jumped to a record $128.45. Experts largely linked this to the hype associated with the event around the launch of the Runes protocol. "The cost of completing a transaction now stands at $128, and its processing takes half an hour. This is another reason why bitcoin cannot function as a digital currency. The costs of using it in this capacity are disproportionately high. This is a failure," Schiff declared. (And he was wrong. Shortly thereafter, the rate dropped nearly 73% to $34.86.) In the comments, users asked the well-known gold advocate how much it would cost to safely deliver a pound of precious metal around the world. An estimate ranging from $800,000 to $2.3 million depending on the method and speed was voiced. "Remind me, how much does it cost to transport a gold bar to the other end of the world in half an hour?" Jameson Lopp, co-founder of Casa, sarcastically remarked about speed. Schiff responded that it didn't matter since people no longer use precious metal as currency.   - Speaking at a pre-election rally in Michigan, Robert Kennedy Jr. announced to the attendees that if he is elected President of the USA, every American will have the opportunity to review any budget item. "I will move the entire US budget to the blockchain, and we will have 300 million observers over it. If someone spends $16,000 on a toilet seat, everyone will find out!" he declared. The presidential candidate believes that taxpayers have the right to know exactly what their money is being spent on. According to the politician, blockchain and cryptocurrencies should help the USA remain a leader in innovation and maintain the financial freedom of its citizens. Robert Kennedy Jr. had previously supported bitcoin, stating that the first cryptocurrency takes financial control away from the government and the monopolistic banking system.   - The crypto exchange CoinEx has put up for sale the first satoshi mined after the halving. Buyers can place bids in bitcoins on the auction page. A satoshi is one-hundred-millionth of a bitcoin (0.00000001), and the organisers of the auction hoped that collectors would pay several tens of millions of dollars for this "epic" coin. However, at the time of publication, the highest bid is only 2.5 BTC, which is about $165,000, although this price exceeds the value of one ordinary satoshi by 250 million times. The auction will end on April 26. The exchange will notify participants of the results via a message on the website and by email.   - Fidelity Digital Assets, a leading issuer of one of the spot BTC-ETFs, has revised its mid-term forecast for bitcoin from positive to neutral. The reason for the departure from optimistic views is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term bitcoin hodlers. A large percentage of profitable addresses is currently noted in the report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data also indicate that small investors continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses holding at least $1,000 in BTC has increased by 20% and reached a new all-time high. "This trend may indicate the growing proliferation of bitcoin and its acceptance among 'average' users," Fidelity notes.   - Investments in bitcoin by "new" whales have almost doubled the indicator of "old" major players. These assessments were shared by the CEO of CryptoQuant, Ki Young Ju. The expert attributed to the "whale" addresses not associated with CEX and miners with a balance of over 1000 BTC. The "new" category includes owners of coins "aged" less than 155 days; "old" exceed this term. Specialists at CryptoQuant examined the dynamics of the 7DMA ratio of the SOPR indicator applied to these categories of investors and made conclusions similar to those of their colleagues from Fidelity. The elevated metric value showed high profitability of "old" hodlers compared to "newcomers," which could lead to the formation of price peaks. Analysis of the current situation also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility. Recall that earlier, specialists from JPMorgan noted that digital gold is in an overbought state. And CMCC Crest co-founder Willy Woo warned that if bitcoin falls below $59,000, the market risks entering a bear phase.   - Representatives of the initiative group of cryptocurrency supporters want to convince the Swiss Bank board to add bitcoins to the CB's reserves. The meeting on this issue will take place on April 26, where the concept of supporters of digital gold will be presented. In their opinion, such a step will strengthen the independence and neutrality of the state. Including BTC in its reserves, Switzerland would show the world that it has an independent financial policy from the European Central Bank. Recall that back in 2022, the initiative group recommended the country's central bank to buy bitcoins for 1 billion Swiss francs (about $1.1 billion) instead of German government bonds, but the regulator ignored this proposal. However, now everything may change. Recently, Switzerland has been providing the most favourable conditions for the development of the cryptocurrency industry, which is why the government of El Salvador even opened its office in the country to jointly develop initiatives related to bitcoin.   - Christian Langlois, also known as Bitcoin Sign Guy, made headlines in 2017 when he displayed a notebook page with the message "Buy Bitcoin" behind Federal Reserve Chair Janet Yellen. At that moment, the FRB Chair was testifying about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry. For his act, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was broadcast on television, enthusiasts sent seven BTC to his crypto wallet to thank the young man for his bold move. Four years ago, Christian sold 21 copies of the notable sheet at an average price of 0.8 BTC each, thus earning an additional 16.8 BTC. As a result, his total earnings reached 23.8 BTC, which is more than $15 million at the current rate. And just a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage," and he decided to sell it at an auction. The winner's name will be announced late in the evening on April 24 at the New York snack bar Pubkey, and the young man plans to direct the proceeds to finance his startup, Tirrel Corp. At the time of writing the review, the sheet is offered for $140,000, but the auction is not yet over. Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/
    • I sell accounts of hero and legend on the forum bitcointalk.org Those who are in the topic will understand, accounts are golden, for the creation of cryptoprojects is the best, the status of aka - the highest trust whales. https://t.me/Bitcointalqi
    • Когда понадобится форум бирже, тогда вдохнут в него жизнь, сейчас же картина печальная, сообщения только от обменников. Всё таки что бы кто не говорил, а монетизация самый главный повод для людей  проявлять активность.
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