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John Coinex
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Bullish
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Awesome ICP đ
WHAT YOU THINK ??? WILL IT PUMP MORE đ€
2023-12-16
#ICP/USDT
#INJ/USDT
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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ICP
8.568
+0.90%
INJ
19.07
+7.07%
242
0
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John Coinex
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The most terrible day in my Crypto life happened yesterday. I lost 5000usd which is half of my portfolio. đ„Č i will keep the rest of my portfolio here. lets see in few months. i think crypto will fall further. Bye friends. i wont right here again Peace âïžđïž
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Why Bitcoin #BTC Bitcoin holds several unique features compared to traditional currencies and financial systems: 1. **Decentralization**: Bitcoin operates on a decentralized network without a central authority like a government or a bank. Transactions are verified by network nodes through cryptography and recorded on a public ledger called a blockchain. 2. **Limited Supply**: Unlike fiat currencies that can be printed endlessly, Bitcoin has a finite supply. There will only ever be 21 million bitcoins, which helps create scarcity and potentially influence its value. 3. **Security**: The blockchain technology underlying Bitcoin employs robust cryptographic techniques, making it highly secure. Once a transaction is confirmed and added to the blockchain, it's almost impossible to alter it. 4. **Anonymity and Transparency**: While transactions are recorded on the public blockchain, they are pseudonymous. Users' identities are not directly linked to their Bitcoin addresses, providing a degree of privacy. However, all transactions are visible on the blockchain, ensuring transparency. 5. **Global Accessibility**: Bitcoin can be sent or received anywhere in the world, enabling borderless transactions without the need for intermediaries like banks or financial institutions. 6. **Volatility**: Bitcoin's value is known for its volatility, which can result in substantial price fluctuations within short periods. This volatility can present both opportunities and risks for investors. These aspects make Bitcoin unique and have contributed to its widespread adoption and interest in the world of finance and technology.
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