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Fake News Alert: Sultan Investing

In fact, it is really hard to imagine what will make Bitcoin disappear. Read why The Savey Fox suspects an article about the Sultan of Brunei investing in a Tech

In fact, it is really hard to imagine what will make Bitcoin disappear. Read why The Savey Fox suspects an article about the Sultan of Brunei investing in a Tech Startup is Fake News. More and more merchants are accepting bitcoin payments. Uncertainty works in Bitcoins favor, we live in the age of global disruption which works in Bitcoins favor. Article date, the article is dated 16th August 2017. Spot all the red flags for. You might be wondering if the this was real or fake news. According to the risk management expert and faculty member in the Finance Department at Boston University Mark. Also, we have a Bank of America Merrill Lynch report from 2013 stating that they believe bitcoin can become a major means of payment for e-commerce and may emerge as a serious competitor to traditional money-transfer providers. Thats basically the definition of money something that can be exchanged for other products and services. This is one of those questions we get asked a lot, to which we can t answer with a simple yes. I hope this article will find its way to the masses so that people will not jump headfirst into a trap. Also I found the registration of the website to be suspicious too. For instance, weve seen some Argentineans buying bitcoins to protect their savings against high inflation or the possibility that governments could confiscate savings accounts. Buying bitcoins is an investment and. It even has a weird tuck. Similarly, during the Cypriot financial crisis, bitcoin purchases in Cyprus rose due to fears that savings accounts would be confiscated or taxed.

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Sell tactic and misleading article. Add terrorism to the mix and youll see why this world of uncertainty we live in plays to bitcoins favor it will appreciate on pretty much any bad news. Caveats, bitcoin is not a regulated currency and is thus more volatile than any other money out there. The article starts with 2-3 short paragraphs about the Sultan and trails off to sell to the reader some impressive system that can make you lots of money. Any other currency would have to go through the same long process to see its adoption growing through the years. This way we can do our part to protect one another from these modern trickery.





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So yes, we do expect Bitcoin to keep growing from here, though its price may be going up and down. It is a volatile xdna commodity which in the long run promises to outperform many other investments. This is one of those questions we get asked a lot, to which we cant answer with come a simple yes. A quick google search of this startup will reveal that. Were talking deutsch about one of the riches heads of states in the world here! Nevertheless, the demand (for bitcoin) is there and the limited amount of bitcoins that will ever be available should work in the favor of those who buy and hold their bitcoins. This, on the other hand, also makes it a great investment opportunity. Buying bitcoins is an investment and as every investment it comes with latest a risk. Thats how things work with any linux kind of investment, Bitcoin included.

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The Bitcoin bitcoin Code is a scam. Bitcoin is a default cryptocurrency, there are literally hundreds of info cryptocurrencies out there but bitcoin is, and will likely remain, the default option. Spread the word and stop spreading the fake article. Thats Merrill Lynch were with talking about, not bitcoin some round-the-corner bank.