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jbunny007

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@Raithu_bidda_ and naaperushiva and Trent,

Spent 3000 on etherium,  ripple, iota, Ada , monero and neo  

Want to spend 1500 on 6 coins

Please suggest the cheap and best for long-term profits like 6months to 1 year 

I really value your suggestion and won't blame in case of loss 

Thanks in advance 

 

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Yesterday, top financial officials in both Japan and South Korea came to a similar conclusion: as they stand now, cryptocurrencies cannot be considered legitimate currencies. The statements come from countries where Bitcoin and other cryptocurrencies are quite popular in the public sphere, and they come from governments that have been relatively proactive in establishing a clear legal framework for the digital assets.

AN ALTERNATIVE TO FIAT? NOT YET

As originally reported by Reuters, Japan’s minister of finance, Taro Aso, indicated that Bitcoin has not proven itself to be a reliable form of currency.  The minister made it clear, though, that Bitcoin’s legal and financial status is not so cut and dry.

There’s no fixed definition on whether it’s a currency or not. This issue is a difficult one,” Aso stated after a Tuesday cabinet meeting. He continued, “It has not yet been proven to be credible enough to become a currency.”

The key word here is “yet,” as Aso concluded by saying that he needs “to watch [it] for a little while more” before he can come to a conclusion as to whether or not it should be legal tender

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