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axel

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axel last won the day on February 17

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  1. That's one of the reasons why I want to try acquiring bitcoin, because it seems profitable, and I can sell it also when the buy rate is high and hopefully it will be converted to cash.
  2. I did a little bit of research and it seems that Malta is the first country to introduce an organized framework for currency use.
  3. I researched, and it's Craig Wright that created bitcoin, so it's under a pseudonym, so that no one will recognize him and he probably doesn't want to be famous. I would be content with a pseudonym also if I were him.
  4. Bitcoin is quite precarious, one minute it's value is high then the value goes down in one minute, so it's quite fluctuating. So if it crashes, then I wouldn't be surprised, but I would not sell my funds, but instead wait for the value to rise again.
  5. The rates of the 2 variants varies, depending on the buy and sell rate, so right now I won't choose between them since the rates are varied, but of course I would choose the higher buy or sell rate when I get to have them.
  6. Yes bitcoin is now taxed and it seems applicable to some countries. I checked my country and it now seems to charge tax for bitcoin.
  7. I want it to be treated like a formal currency like Paypal where it would be widely used in stores, and also gain the acceptance of Paypal so that people could withdraw it in their local currency.
  8. Cryptocurrencies are like Paypal now where you can encash money to your local debit card. Banks still don't accept cryptocurrencies as of now, but at least they can be used for paying bills.
  9. I first heard about it around 2010, it didn't really interest me that much since I thought that I couldn't really use it, but now it has many uses. I won't mind if I get paid bitcoins if I work online.
  10. I don't really think there will be another cryptocurrency greater or more popular than bitcoin, if there is I should have heard about it by now, since bitcoin has been around for a long time.
  11. Bitcoin can help us pay bills and reload airtime credits and purchase selected stuff if the online store accepts bitcoins, so it's really beneficial. You can also it to gamble online too if you can't find a site to spend it on.
  12. I haven't tried coins.ph, but I heard that it was unstable when I researched about it, and they have a couple of dishonest employees that steal the money, so people should be wary with using it.
  13. I don't think bitcoin would be a hit at this point, I've been hearing about bitcoin for many years now, and it seems to be quite popular, but people can do without it. Once it reaches the news that it's being taxed then I guess it's already considered a main currency, maybe the same tax price as real money.
  14. Well here is a very informative link that tells you what you need to know about cryptocurency: https://www.consumer.ftc.gov/articles/what-know-about-cryptocurrency#Investing in Cryptocurrency
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