Over the past week or so, demand for Bitcoin on websites such as LocalBitcoins.com has been surging to all-time high levels.
While the reasons why are debatable, the fact is that demand is growing, which is a healthy sign for the Bitcoin & cryptocurrency market.
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
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Well at least the fortune will spread over poor countries!! Good action for decentralizing the world😍
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I definitely think that the upturn in prices is triggering people to buy because of fear of missing out and to some other people they're basically thinking it may just be the bull coming for bitcoin hence the demand for purchase, sad to see that it isn't the same with some other alt coin
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What altcoins typically do is pop after Bitcoin has gone up and starts to look too expensive. At that point, speculators start salivating at the prospect of other cryptos exploding, which results in said explosion. When the next bull market begins, probably the best strategy is to invest in BTC or ETH first, letting them shoot up and then switch to alts at least partly.
But people seem to have forgotten that we had an "alt season" only couple of months ago.
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It is clearly to improve their ability to store value as the currency is virtually worthless and no longer reliable as a means of exchange! Sad but true; imagine the impact if the same happens in a developed country’s economy!
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fantastic update, thanks for sharing!
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Damn, I’ve been waiting for a correction for 2 months 😅
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The figureheads of the regime, the genocides and the narcos of the dictatorship are negotiating with BItcoin, it is a country where people die because of lack of food and medicines, there is no other explanation!
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Great information update. Thanks for sharing
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Can you confirm that we've been speaking in discord?
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