Recently, more and more I have been interested in the question of why Bitcoin was created. Who created it and for what purposes. After all, clearly there are people who control bitokoyn, well, that is - own a very significant amount Bitkoyn. Maybe it's just a new currency to replace the dollar only in electronic form. Until now, nothing is known about the creators of Bitokin. Why we need crypto-currencies, if on the idea you can use the same transfers of money cherz different banks. What happens if bitcoin collapses? Do not judge me strictly, it's just that these thoughts have visited me more and more often lately.
It's not that we cannot live without bitcoin. Since then people are living with what's available in his country. Were just flowing with this technology today and their advantages to makes our everyday living comes easier than before. And I think we are blessed because we can access compare to those who are not and can't understand what's crypto is all about. |
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Btctalk name: joan26
Rank:member
Current post count:204
BTC Address: 33WpC6JN8D2v5Aos2vxHstTrAJtYs4VEeX
Wear appropriate signature:yes
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when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?
Even here in my country when the news in television is about bitcoin and crypto it's always a negative side of it and they always warn people to it. Why they didn't also tell that there are positive side of bitcoin and it helps the people too. |
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It is risky to turn all your money to bitcoins. Just make what you can afford to lose. Because its not forever, we don't know what's tomorrow bring.
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Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
Let's wait and see. Right now the bitcoins price is going dump again, why don't you buy some when the value is like this time and wait until it pump again and gain some profit. Take action or never anymore. |
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would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?
If there would be country that their main currency is bitcoin I don't want to live there. I think it's hard to live if every moves everyday you should use internet and a gadget to buy everything you need. In my opinion. |
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I have opportunity in overseas job around 1000 usd. but my mind now not in a stable manner.
please guide me whats the best option doing crypto currency on the home or move to the job overseas?
It always depends on you after all. Think what the advantages and disadvantages of both situations. Then compare it and balance yourself and your mind what matters most to you. |
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Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
I think bitcoin will lose value when no one uses it or people stop invest in it. No one can say when will that happen or is it going to be happen. But before it occurs, investors should always be ready to that. |
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Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
It's possible for the countries who accept it. And as of now there are countries who ban it so this is not to be called as whole world.But not the only one to be use because of supply and the transaction speed may also come to be the issue. |
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As we can we some of the coins under 50 sats went up recently, now I think many people are now joining in our crypto world. What do you guys think?
They think it's a easy money that's why they join even without knowing what's this all about. Others think that it's like MLM thing. |
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You know, it is rumoured that Kodak invented the first digital photo technology, but they swept it under the rug, because they wanted to focus on their film technology that worked. { Film made them the market leader in photography and they thought that it would be enough to keep them at the top } Source : http://tech.fortune.cnn.com/2012/01/18/the-kodak-lie/So what do we have here? Bitcoin think because it was the first to market with this technology, they do not need to adapt to the market needs. The market wants scaling and it also wants cheap and fast transactions. Is Bitcoin providing what the market wants? If we think, Bitcoin can stay on top, because we were first to market and we have a established network, then we will go down like Kodak. They also thought they had the biggest share of the market and a big network of people using their technology... and look what happened to them. Adapt or DIE. It may happen, nothings impossible. Bitcoin may take it's fall but when? Maybe when there's another technology come in that's bigger than bitcoins and when that happen of course we also adapt in and move on. |
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If there is only one currency, than it had to bear the burden of many under-developed economies. Hence, the value of that currency would be highly undermined in terms of the performance of those economies which are struggling hard to maintain their status while the same value will be highly overestimated in case of those governments who are just sitting on the couch to gain their salary.
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Bitcoin is decentralized so that whoever you are from wherever you are rich or poor, you are free to use bitcoin for any purpose. Bitcoin is freely used for anyone. anywhere
What is your response with this opinion?
Yes it is for everyone who accept it and knew it. But not for just any purpose that even bad activities may include. Bitcoin is for used to easier transactions all over the world without the middle man. |
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Maybe not rich but a person who have enough money to live an easy life a life without a financial problem,
A life where I could relax and have a happy time with my family I think that's enough for me.
Just imagine. If ALL OF US would be rich, that means we would live our lives out from dividends, or any passive income of at least $1k a month. Then it would be jawesome, right ? Well, but then I do have a question.
WHO on this Earth would bake the bread for ALL OF US ?
Robots, you might say?
OK, nice idea.
But then, WHO on Earth would maintenance these robots ?
Another robots ?
I don't think so.
Even if so, even if there would be a Skynet of robots, who would not just bake the bread, but also harvest the grains, transport it, deliver to our doors. What then ?
We could eat for free, as much as you want?
Cool, but what about overweight then.
Doctor? But hey wait, NO ONE on this Earth work, so we have no doctors.
OK, we have Doctor Robots.
Who would teach our kids? Robots! Who would change the diapres? Robot!
Even if humans would master all this, we would need to have all the knowledge to teach our robots to work for us. To be slaves for us. (no minds, just pure robotic hands/arms and so on, Tesla's and autopilots)
But even then, there is one huge problem.
I do not want to touch any country, or race, or group of people, but imagine, if you put infinite amount of resources to any kind of animal (including humans), they would reproduce themselves to infinite. Because they simply can. Because parents do not need to parent their kids anymore, because we have robots! So we would need a limit of reproducing, no right to reproduce as much as you can handle (infinite resources), because we would simple have like 50-100billion people on this planet, and there would be no robots who could grow so much grains to bake bread. (perhaps hyper dense pills could be the away).
So, back to the original question, why do people believe, they all can be rich ?
It was, is, and will be, ALWAYS about that who is going to earn more, not enough, but more than the others.
Why?
If there is only one mansion on the Bahamas, which is large enough, sunny enough, sexy enough, there is no freaking way, ALL OF US could buy it. Just one. 1. One. And if only 10 buyers come with their million, to who would seller sell this mansion to? First ? But second also have million and ALL OF US want to be rich (own that one mansion). So second would have to offer 2 million, right?
Wrong.
No one would want to sell such mansion in the first place, as he is already rich. We all are.
I agree to him, we all want just to live happily without the thinking of what about tomorrow? Or what they call financial fredom. Yes we all want it but not to the point that we stop what we're doing, sometimes the job is what makes them happy not only because they need money. |
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Bitcoin/Coins.ph are so many way to make our life easier specially for OFW.
*They can use it to remit a money for their family in Philippines in a very convenient.
*Bitcoin is also way to earn extra money by using earning some satoshi or faucet.
Please share more on how bitcoin can help.
Yes bitcoin makes ofw life easier. With coins pH they can remit their hard earned money to their loved ones here without high transaction fees. |
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Whether it be buying btc or buying equipment to mine btc. Did you ever borrow fiat to make your purchase? I have not. Just curious if anyone ever has.
I didn't do borrow to invest into crypto. I just did some work or task to have some crypto and bitcoins. |
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