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Is my mindset correct or wrong?

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On 1/8/2020 at 11:25, Satishmolankar said:

For your mindset you have to know that why government are not regulating it and why and they want to do because it is an digital currency government want to stable it and they are not getting taxes that's what want to regulate it

These are the main reasons for the authorities to start regulating cryptocurrencies, authorities do not receive taxes from cryptocurrencies. Also, the authorities do not see the deals of criminals who conduct them in cryptocurrency.

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There might be a slight impact through that, but I think that the most influential thing on digital currencies is the supply and demand that the currency is exposed to, as well as the control of whales, as it is a factor that has more control than other things.


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On 1/8/2020 at 23:48, wrayaner said:

I see that your analysis is correct so that politics can affect the economy and vice versa, just as Bitcoin as a currency can be affected by politics and political decisions.

Bitcoin cannot depend on politics only if the authorities prohibit it. The rest of the influence on the part of the authorities will simply be without result. How can one influence a decentralized bitcoin network? The authorities do not have such funds to infiltrate the Bitcoin network.

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Yes you have actually the good mindset and thinking as well. The price of the Bitcoin or other Crypto currency is not regulated by the government because there are still many countries which treat the Bitcoin or Crypto currency as illegal. It depends on mainly the demand and supply.

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I guess your right. Bitcoin and any other crypto get their value through demands,so price of it change quickly and get affected on those news or any situation that happens. That's why it is very risky dealing with crypto and it require us to be more cautious as we never know what can happen.

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Yes of course I also think that your mindset is correct because in order to grow and develop bitcoin more people and institute have to to accept Bitcoin. That's all I can say about the topic.

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Yes,I think Your mindset is correct on the point, because Bitcoin price movement is going accordingly and more development more ahead, Bitcoin price increasing will make people to earn alot of profits on trading

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There is something wrong in your mindset because cryptocurrency's movement is influenced my a lot of events and things that nobody can predict or guess, however you are right in the rest.

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Most countries reject cryptocurrencies because they cannot control or control them, because cryptocurrencies are unstable and decentralized so that countries cannot take a lot of taxes through this currency

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On 4/19/2020 at 4:13 AM, Ms.o said:

I guess your right. Bitcoin and any other crypto get their value through demands,so price of it change quickly and get affected on those news or any situation that happens. That's why it is very risky dealing with crypto and it require us to be more cautious as we never know what can happen.

If we follow carefully those trends that makes people react to the market then we can always be on the right side, but also when we are not followng them we must make sure our coins are stored on stabe coins.

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In fact, I have questions like this, I expect that it will definitely be affected, it is true that oil is the most affected, but in the end all of this affects the economy, and the effect on the economy will affect in one way or another the bitcoin.

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Yes, I do not think that the political situation of a country or region may affect the price of bitcoin because it is a decentralized currency that does not belong to any country or organization.  I hope that bitcoin remains bullish

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On 2/4/2020 at 20:50, Moneykiller said:

Just go through the market because market will keeps fluctuating.moreover I will say that whole market depends on btc so trade wisely with the btc.

Not all cryptocurrencies on the market may depend on BTC. There are coins that also have very good power in the market, this is ETH, it is almost independent of bitcoin and can develop and build the price itself. You can watch how ETH can rise when bitcoin can fall.

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On 1/22/2020 at 14:45, BTC Future said:

I completely agree that development and adoption of cryptocurrencies are the major force that is driving the price. Although some traders are using trading-bots in major exchanges that are connected with news sites and cryptocurrency indexes like Coinmarketcap. These bots react instantly with major news coming from financial and cryptocurrency media. 

Bots do not respond automatically, but the operator sits and gives signals for these bots. If the operator wants, he will merge your balance. There are fully automated bots that work independently without an operator, but such bots cost a lot of money. Bots have become popular so people don’t waste time.

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 I think hopefully, you are not wrong and you are not completely right, Bitcoin can also be easily affected by external issues and such crises.

 

 

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lets not say any political event effects the movement but its financial event is what makes it , yes it is one of the factor for its movement but there are more things that effects the crypto market like whales movements/ shift of coins 

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No, as we saw that the crash was general, all markets collapsed and the cryptocurrency market is one of these markets, panic is what prompted investors to sell their cryptocurrencies at low prices.


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2 days ago bitcoin start to get down from 9900$ to 8700$ is mean more than 12% , but tomorrow the halving , now bitcoin start to rise again , and now his price is 9100, and i think will rise more the this because tomorrow is the halving , this is my opinion , what you think gays.

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On 1/10/2020 at 11:14 AM, sazzad925379 said:

My thoughts on cryptocurrency are quite accurate because here I can make money in a short amount of time that I can't spend too much time on which is changing my financial situation.

That is trues, in cryptoworld I make earnings within short period if time and provide ways that you can make trading and investment to be earning on daily basis. 

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On 5/11/2020 at 18:20, Ñîll Kæbbø said:

This technology will be the number one for this period and the coming period! People just need to feel safe while they are holding their money.These thing indirectly involve in every field where it show and some time it not show but its effect show with market.From the make somewhere your home for the people ..

This technology will definitely become number one and will become popular all over the world. But at the moment, people do not want to hear anything and study this technology, because they still do not understand all the charms and huge possibilities of this technology. In the future, all people will study technology and then it will become the best among all technologies.

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Cryptocurrency can fall and grow in price if some person who does not like cryptocurrency gets more power (in making laws, etc.), no matter what they say, cryptocurrency also depends on the news. 

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It's not wrong, as politics affects the people as when it affects the people in large and severe ways,at most it can lead to this assets and commodity having to be affected as thus, the oils and Crypto coins are all being used my people as a poor situation can also be related on bad trends on their markets

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Bitcoin does not have any political impact because in US , the government doesn't care about crypto but they highly care about their local commodity especially an oil since it is has great impact to them so your mindset is right.

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Your mindset is correct, bitcoin movement is not in relation with the action of the government, bitcoin is private and it's price depends on demand and supply, so bitcoin has no relation with the government and politics.


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On 4/27/2020 at 12:20 AM, Nezar said:

Most countries reject cryptocurrencies because they cannot control or control them, because cryptocurrencies are unstable and decentralized so that countries cannot take a lot of taxes through this currency

Yes I think that you are right and I think tsht it is not great that they are rejecting cryptocurrency to be implemented in their country because they don't want to change the way that the old system works now because they are afraid to the capabilities of cryptocurrencies 

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