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amosgwapo

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  1. Bitcoin protocol includes two interesting rules. First rule states that approximately every 4 years the pure block reward will drop down by half. Next drop is expected to happen in 2021. Second rule states that every 2016 blocks the difficulty is adjusted to keep average new block time on 10 minutes level. So mining becomes less profitable in time without exceptions. Especially with the past year price drop.
  2. I am getting more and more disappointed in Bitcoin. As more and more issues arise in Bitcoin, the more censorship and "sweeping problems under the rug" kind of mentality shows from the Bitcoin Leaders. Yes the Bitcoin Leaders because Bitcoin is not decentralized, not by far. In fact it's the most centralized cryptocurrency of them all, maybe except Ripple.
  3. I would not recommend anyone to invest their hard earned money in such a volatile instrument. There are plenty of investment opportunities out there. And certainly, BITCOIN is not among them.
  4. I would probably spend 50% on my self and family like vacation and buy a house, car etc. 30% would be invested on the stock market and the other 20% is for newer cryptos.
  5. No i dont, at first i lost money on some online investment platforms but i since a friend of mine introduced me to Charlies Miners Daily Bitcoin Traders have had rest of mind.
  6. Yes I would probably risk some money because In the days to come, cryptocurrency can be something that can be a great medium for exchange and store of value. With different countries having a different value for money, this can be something that would act as a universal currency for people to buy and sell while not giving propriety to paper money.
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