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What is cryptocurrency? Where did you first learn about cryptocurrency?

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Cryptocurrency is a decentralized currency which works on blockchain tec there are more than 2500 cryptocurrency available and this is awesome 

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13 hours ago, Hasan Nahid said:

I found out about cryptocurrency myself , I don't even remember when it happened, I just found out from the news about bitcoin and started studying the topic ofcryptocurrencies and blockchain.

From the internet,I got to know about cryptocurrencies when I came across it on YouTube.

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Cryptocurrency is a type of online.I have learn about cryptocurrency from my friend .I have learn about cryptocurrency from my friend .it non profit through it by investing money in it and you can use it in many various purposes.

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 Crypto currency is digital money. It has sharp-witted future.My alone edify me about crypto currency. subsequently search it on google and youtube and i benefit further information about crypto currency 

 

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Crypto currency is a currency who have ability to complete our dreams i think i am right ? I know about crypto since very long time i lost my money in this filed but know i have experience  and i earn money o thanks to God

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11 hours ago, Ammer190 said:

Cryptocurrency is the currency which is not controlled by any  government or bank. It is is the currency whose value often changes. It is different from fiat currency. I first heard about it from one of my friend.

The rate if value change is called volatile, and crypto are very volatile compared to fiat, that is what attracts investors.

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Nice question brother. Crypto-currency is a digital money. I learn about of crypto-currency on online. No one people teaching me. Crypto world is big platform for earning money.    

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On 11/15/2019 at 3:49 PM, josephrioveros123 said:

Crypto currency is your money that is encrypted. And you can have it even if it is online. As a matter of fact you can put it on a hardware wallet for it to be safe. But we cannot transact it with out internet. The thing is you are not wrong. The reality is internet is always incorporated with cryptocurrency. It is your digital money. Now a days there are a lot of people being hooked on using it. I can say that it is the future of the money it will be almost paperless.

Yes guys this is almost a a digital form of currency and I like it.

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On 11/15/2019 at 6:36 PM, nahidfresh99 said:

Cryptocurrency is a type of online cryptocurrency that is used for online transactions and in 2018 we will be the first to know about assets that help us to know more now.if  you  know  more  about  this  plz tell me

Crypto currencies are a digital payment where you can easily pay someone by hitting the send button. The transfer will happen in just a short period of time even if you are sending a huge amount. They are an evolution to banking system that really sucks. 

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Cryptocurrency is One types of digital currencies what are in every country of the world.In generally we can call it crypto.Yes, different people it learn in different way,i learnt it from my brother who use it, by this way people learn, some Are from their friends, some are from their relatives.          

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I educated about cryptocurrency from forums, sites and YouTube and at hand is no exclusive starting place and I participated in quite a few sites and academic from them and was exposed to the fraud and worked in the taps and examination ads and began to stem and discover trading and analysis
I am calm down culture and looking to gain knowledge of more

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What I originally learned about it is that it really helped me to know a lot through youtube, and through this I was able to get a little bit more advanced, which gives me a lot of pockets at the present time and by knowing about itHas been able to earn a lot of money also it is a lot of my money at the present time.

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crypto currency is a digital money which you can have it when you posts and invested itm It is also the money you earned from this site and will be exchange to your country's currency as well. 

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Cryptocurrencies are elusive coins, it can't be seen by ordinary money. but it is profitable for users, even many who have successfully enriched it. Their values are more volatile

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On 11/15/2019 at 4:36 PM, nahidfresh99 said:

Cryptocurrency is a type of online cryptocurrency that is used for online transactions and in 2018 we will be the first to know about assets that help us to know more now.if  you  know  more  about  this  plz tell me

Actually I didn't learn about it. In 2017 I joined crypto to generate free income. After that continuously I joined many airdrop and bounty programmes. That's make me well experienced about crypto.


Online earning basic tutorials : https://www.onlinefreemaster.com/

Active and genuine airdrop channel https://t.me/dhamakatipsc

Twitter profile https://twitter.com/aminulslamamir

My gaming channel https://www.youtube.com/channel/UCLHiTfp06Q8WZMmA6NbUDSA

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crypto currency is a digital cash that used by means of digital technologies,it is a good way of earning so far because of its volatility in price,i first learned crypto after my friend intoduced this to me and do lots of studies.

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Cryptocurrency is a digital funds or currency. As faraway as I see it oncludes coins, altcoins, and tokens that suffer poles apart morals in the market. You know how to adapt it into your area currency and in fiat. You container as well avail yourself of it in onvesting and tradings. I educated it from my contacts in 2016 but presently happening recently.
 

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On 11/15/2019 at 11:36 AM, nahidfresh99 said:

Cryptocurrency is a type of online cryptocurrency that is used for online transactions and in 2018 we will be the first to know about assets that help us to know more now.if  you  know  more  about  this  plz tell me

I know fore sure that many persons at one point in a time must have learn about bitcoin some were or the other, but for me I learnt about bitcoin and Crypto currency in one Nigeria forum called naira land.

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On 11/15/2019 at 3:36 PM, nahidfresh99 said:

Cryptocurrency is a type of online cryptocurrency that is used for online transactions and in 2018 we will be the first to know about assets that help us to know more now.if  you  know  more  about  this  plz tell me

Cryptocurrencies are digital currencies you can trade with it and do all monetary work which you do with usd. These are genuine and safe to invest in and many people are earning good amount from it.

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On 11/15/2019 at 3:36 PM, nahidfresh99 said:

Cryptocurrency is a type of online cryptocurrency that is used for online transactions and in 2018 we will be the first to know about assets that help us to know more now.if  you  know  more  about  this  plz tell me

I have first learned the crypto In 2017. As I was exploring the bitcoin and other such things. 

   And this was my discovery.

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Crypto currency is the such type of the app or site which is used for earning money and my friend at first tell me about the crypto currency for earning money. 

 

Edited by Mehnil125

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8 hours ago, Nultra said:

To my understanding, I think cryptocurrency is digital money. A place where you encrypt your money online

It's true you are too correct about this a digital money where the user have hundred percentage control over it's money without putting any privacy at risk and the security of Crypto currency is superb to the core.

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On 11/15/2019 at 12:36 PM, nahidfresh99 said:

Cryptocurrency is a type of online cryptocurrency that is used for online transactions and in 2018 we will be the first to know about assets that help us to know more now.if  you  know  more  about  this  plz tell me

I knew about it from adds they were talking about bitcoin crack the 5k line what is this coin I didn't even hear about.. Now I am in 😎

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Previous year I came to know about cryptocurrency before it I was not having any knowledge of any cryptocurrency one of my friend introduced it and said that it is a great opportunity where you can invest and trade for earning a huge profit and as I tried I feel that it's really working well and is giving great profit.

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The publication of the Fed's Monetary Policy Report on the same day will also attract considerable interest.   GBP/USD: What Will the Bank of England Decide on 20 June?   In autumn 2023, the BoE concluded that its monetary policy should remain tight for a prolonged period until inflation confidently stabilises at the target level of 2.0%. Based on this, despite a decrease in price pressure, at its meeting on 8 May, the Bank of England's Monetary Policy Committee (MPC) decided by a majority vote (seven to two) to keep the key interest rate at the previous level of 5.25%. (Two MPC members voted for a reduction to 5.0%).   According to the country's Office for National Statistics (ONS), since November 2022, the Consumer Price Index (CPI) has fallen from 11.1% to 2.3% – the lowest level since July 2021. The British central bank expects this figure to return to the target level in the near future but to increase slightly to around 2.5% in the second half of the year due to rising energy prices. Additionally, according to the May forecasts, CPI will be 1.9% in two years (Q2 2026) and 1.6% in three years (Q2 2027).   British inflation expectations for the near future have also decreased to the lowest level in almost three years, indicating a return to historically average levels. In May, the country's residents on average expected consumer prices to rise by 2.8% over the next 12 months, compared to a forecast of around 3% in February. This is stated in the results of the British central bank's quarterly survey.   Data on business activity (PMI) published in the first week of June indicated that the economy in the United Kingdom is relatively well. Activity in the manufacturing sector rose to 51.2 from 49.1 earlier. Some slowdown was shown by the PMI for the services sector – from 55.0 to 52.9, and the composite PMI – from 54.1 to 53.0. However, despite this, all these indicators remain above the 50.0 mark, separating growth from a slowdown in activity.   Certain concerns are raised by the UK labour market. Statistics published in early June showed a spike in jobless claims – by 50.4K in May after 8.4K the previous month. This is the largest monthly increase since the first COVID lockdowns. Before the pandemic, the last such spike was during the 2009 recession. Moreover, the unemployment rate for the February-April 2024 period rose to 4.4%. Of course, historically, this is a low level, but it is the highest in three years.    The next Bank of England meeting will be held on Thursday, 20 June. Analysts generally forecast that the interest rate will remain unchanged at 5.25%. This forecast is supported by the slowdown in inflation decline rates. Additionally, there is a significant increase in UK wages (+6.0%), which could push prices up. This, in turn, reduces the likelihood of the British central bank transitioning to a softer monetary policy in the near future. The start of QE may be delayed until September or later.   The BoE's tight monetary policy creates prerequisites for future demand for the pound. Meanwhile, last week, GBP/USD was driven by overseas data. On US inflation data, it broke through the upper boundary of the 1.2700-1.2800 channel and rose to 1.2860, then, following the FOMC meeting results, it fell and broke through the lower boundary, dropping to 1.2656. The week ended at 1.2686.   The median forecast of analysts for the near term is somewhat similar to the forecast for the previous pair. In this case, 50% of specialists voted for dollar strengthening, 25% for a northern trajectory, and 25% remained neutral. As for technical analysis on D1, the picture is also mixed. Trend indicators are evenly split 50:50 between red and green. Among oscillators, 60% point south (a quarter signal oversold), 20% look north, and the remaining 20% remain neutral. In case of further pair decline, support levels and zones are 1.2575-1.2600, 1.2540, 1.2445-1.2465, 1.2405, 1.2300-1.2330. In case of pair growth, resistance will be encountered at 1.2760, 1.2800-1.2820, 1.2865-1.2900.   Besides the mentioned Bank of England meeting on 20 June, including its interest rate decision and subsequent press conference, it is necessary to note Wednesday, 19 June, when fresh consumer inflation (CPI) data for the UK will be released. Friday, 21 June, also promises to be interesting. On this day, retail sales volumes and preliminary business activity (PMI) indicators in various sectors of the UK's economy will be known.   USD/JPY: BoJ Changed Nothing but Promised Changes in the Future   Unlike the Bank of England, the Bank of Japan (BoJ) meeting has already taken place, and its results were announced last Friday, 14 June. The yen's weakness in recent months has negatively impacted Asian currencies. In March, the central bank made its first move – raising the rate for the first time since 2007 (since 2016, it had kept it at a negative level of -0.1%). The regulator also abandoned the targeting of 10-year government bond yields. Investors closely watched the Japanese central bank for hints on whether it would further unwind monetary stimulus.   But for now, the BoJ decided not to change its accommodative monetary policy, maintaining the current pace of bond purchases at around 6 trillion yen ($38 billion) per month. However, it promised to present a plan for their gradual reduction at the next meeting in July. "We decided to subsequently reduce the volume of our purchases [within one to two years] to ensure more free formation of long-term interest rates in financial markets," the central bank statement said. At the same time, the regulator announced that it would gather market participants' opinions before making a specific decision.   The deposit rate for commercial banks was also left unchanged – officials unanimously voted to keep it in the range of 0.0%-0.1%, as expected. From this, experts once again concluded that the BoJ would not rush to tighten its quantitative easing (QT) monetary policy.   The French bank Societe Generale believes that given the pressure from the government due to the weak yen, the most likely scenario will be a reduction in bond purchases starting in August, with their purchases decreasing every three months and reaching zero by November 2025. Additionally, according to Societe Generale economists, the BoJ may raise the discount rate in September this year.   Of course, USD/JPY could not ignore such events of the past week as the US CPI figures and the Fed meeting: its fluctuation range exceeded 240 points (155.71 at the low, 158.25 at the high). However, the five-day result was not so impressive: starting at 156.75, it ended at 157.37.   Experts' forecasts for the near term look like this: not a single vote was given for the pair's southern movement and yen strengthening, while the remaining votes were evenly split: 50% pointed north, and 50% remained neutral. As for technical analysis, all trend indicators on D1 are coloured green. The nearest support level is in the 156.80-157.05 zone, followed by 156.00-156.10, 155.45, 154.50-154.70, 153.10-153.60, 151.85-152.15, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. The nearest resistance lies in the 157.70 area, followed by 158.25-158.60, 160.00-160.20.   No significant economic statistics releases for Japan are scheduled for the upcoming week.   CRYPTOCURRENCIES: The Present and Future of Bitcoin Depend on the USA     In the absence of independent drivers, the crypto market has recently followed the dollar, which in turn follows the Fed, which follows the macro statistics from the USA. BTC/USD is like scales, with the main cryptocurrency on one side and the US dollar on the other. The dollar became heavier – bitcoin became lighter, and vice versa. On Friday, 7 June, strong statistics on the US labour market were released – the dollar became heavier, bitcoin lighter. On Wednesday, 12 June, it turned out that inflation in the USA was decreasing – the dollar weakened, bitcoin became heavier. And in the evening, the Fed calmed the markets regarding the interest rate – and the scales swung back. Just look at the BTC/USD and Dollar Index (DXY) charts – the inverse correlation leaves no doubt. In recent days, the flagship of the crypto market has lost about 7% in price. And the reason for this is the aforementioned monetary policy of the US Fed. Enthusiasm was not added by the fact that bitcoin-ETF inflows broke a 19-day streak. On 11 June alone, industry funds lost almost $65 million. The reasons are the same. They can be supplemented by the upcoming summer holiday season – a period of correction and lull in financial markets.   Traders note that recently, "digital gold" has been trading in a narrow range between $66,000 and $72,000. One of the popular market participants considers the lower mark an ideal entry point, while entry at the upper boundary of the range, in his words, carries high risk. MN Capital founder and analyst Michael van de Poppe does not rule out that pressure from sellers will persist in the near future. In such conditions, bitcoin may correct to $65,000 and even lower. However, van de Poppe does not expect a deep price drop. According to him, a large amount of liquidity is concentrated around the $60,000 area. This suggests that this level now acts as a strong support area, and positive dynamics can be supported by geopolitical instability.   According to surveys, more than 70% of the crypto community believe that BTC is on the verge of further growth. For instance, trader Captain Faibik is confident that bitcoin is preparing to break through the "expanding wedge" technical analysis pattern. According to him, breaking its upper boundary will open the path for the cryptocurrency to rise above $94,000. Trader Titan of Crypto, in turn, expects bitcoin to reach $100,000 this summer. The growth prospects of BTC are also indicated by the activity of large investors. According to industry representatives, whales are actively entering long positions on bitcoin. Cryptoquant CEO Ki Young Ju clarified that the $69,000 level has become particularly attractive for large investors.   New Binance CEO Richard Teng, who replaced Changpeng Zhao, believes that bitcoin will soon exceed $80,000. Teng associates the potential new high with the work of spot BTC-ETFs, which have strengthened trust in the asset. The Binance CEO also allows for the legalisation of cryptocurrency if Donald Trump is elected President of the United States. Declaring himself the "crypto president," Trump said in May that the USA should lead the global crypto industry.   However, at present, cryptocurrency regulation measures are in the stage of development and implementation, which restrains investments. According to experts, current investments should be considered test cases. It should also be noted that spot ETFs have attracted significant liquidity only in the USA – there is no similar interest in most countries.   According to billionaire Mark Cuban, the attitude towards cryptocurrencies will be a key difference between US presidential candidates Donald Trump and Joe Biden, although neither understands this issue. "Do you really think [Trump] understands anything about cryptography other than making money from selling NFTs?" Cuban asked. And he answered himself: "Neither of [the candidates] understands. But I've said many times that Biden will have to choose between [SEC Chair] Gary Gensler and crypto-voters, otherwise it could cost him the White House."  According to Bitfinex crypto exchange analysts, bitcoin's price could rise to $120,000-125,000 within a few months to half a year. Similar figures are named by BitGo crypto trust company CEO Mike Belshe. In his opinion, by the end of 2024, the first cryptocurrency will cost $125,000-135,000, and one of the catalysts will be the high level of US government debt. "Our macroeconomic climate continues to confirm the need for bitcoin. Undoubtedly, US government debt is out of control. [...] This situation supports the idea that bitcoin is the gold of the new generation," Belshe said.   He also noted that the US dollar is losing its position as the world reserve currency due to US foreign policy. The BitGo CEO believes that the country uses the dollar as a weapon and a means of manipulation. "Thus, the US debt crisis is one, foreign policy and sanction control is two. And BRICS offers alternative payment systems. [...] This is the story of why bitcoin exists," he concluded.   At the time of writing this review on the evening of Friday, 14 June, BTC/USD is trading at $65,800. The total crypto market capitalisation is $2.38 trillion ($2.54 trillion a week ago). Bitcoin's capitalisation has reached a solid $1.30 trillion, which, as experts warn, reduces the effect of future inflows. Pessimists say the asset is already "overheated," and to reach $125,000, its capitalisation must almost double. In their opinion, such a colossal influx during the overbought period is unlikely, so one should expect a correction and subsequent consolidation. The possibility of such an outcome is also hinted at by the Bitcoin Fear & Greed Index: over 7 days, it fell from 77 to 70 points and moved from the Extreme-Greed zone to the Greed zones. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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