The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?
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Germany recently approved bitcoin, why exactly is the approval required and what will happen after approval ?
Bitcoin does not really need of an approval of the government because bitcoin is autonomous in nature meaning independent, sovereign, free, unmonitored.
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...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.
this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.
successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.
I don't know what is your basis in your topics but according to statistics report that in smartphones alone there is almost 70% user across the globe, we all know that smartphone is considered as a portable computer and it can access to internet thru data or wifi. https://www.statista.com/statistics/274774/forecast-of-mobile-phone-users-worldwide/
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As i began my journey through the world of cryptocurrency, it comes to my mind why other people are just ignoring the opportunities that bitcoin gives..
Can you give me some reasons why it's not that interesting for others?
There are some factors why there are still people ignoring bitcoin, others when the heard the name of bitcoin they will say a scam but more are just really don't understand the nature of bitcoin.
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Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.
The question however is, can blockchain succeed without bitcoin?
Blockchain technology will exist even without bitcoin because of the blockchain technology is a wide variety of application. A good example here is China, the authority of China show interest in blockchain technology even do they will ban bitcoin and cryptocurrency.
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China is getting interested in blockchain technology although they will totally prohibit the bitcoin and cryptocurrency. Blockchain technology is the new technology that China want to explore.
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I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.
My country Bangladesh.
Apologies if this is not the right place to discuss. Thanks in advance.
If your country banned bitcoin and cryptocurrency you have nothing to do with that I do not know if trading is included in the prohibitions in your country If not lucky for you. You can still have bitcoin and cryptocurrency thru trading.
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Ever since bitcoin price started dropping, most of the threads i see here are : is bitcoin dying?, will bitcoin go green again?, should i hold or sell? etc. I laugh when i see such threads. Every business has a window of opportunity when the market is ripe to enter. This is the time to invest more in bitcoin. Every good investor see every dip as an opportunity to buy more bitcoin and hold. The weak ones see dips and they start to shiver; selling all their bitcoins, even including their altcoins. Please community members, the way we are handling this drop in bitcoin will scare new members from even investing in the coin which will cause a further decrease in the price and the unexpected might happen. Let's have a healthy discussion about our coin even in hard times, and it will attract more people to invest and eventually pump the price again. Friends what do you also think?
That is the characteristics of the market prices goes up and down if you are new in trading better to learn more and study the movement of the prices and don't forget the basic principle of the trader buy low and sell high.
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For me it's clear, from the moment BTC went to the Dow it slide down and be played by the big boys. More and more we see up's and down's controlled by some big players between 6000 and 7500. Alt coins are following that vibe, and some step out the line but be pushed in the direction the big players want. I ask myself who is behind it, are governments behind it that not like the BTC and want it pushed down to get people frustrated. So frustrated that many of us, get sick and tired of the up line pushed down already few time around 7400. Ofcourse we are human, and after some push down's, we want to be strong and not give up. But we also not want to be that person that miss the boot, where the rest break and sell the BTC. It's almost 12 o clock when this price will go up around 7400 again, and drops down again i see a huge drop coming. And the faith in going up higher, will be lost more and more. And that is what they want.
So what are you going to do ? Am I wrong ? It's massive indoctrination dunn by huge selling dumps.
We have 2 options Guys, let them play with us and let them win.
Or show them that BTC is much stronger then some Jealous scary Government, they need to be stopped.
We can only win this battle if you leave your finger off the Sell button.
Succes gr Bas sorry for shitty English
that is normal in a trading institution big player control the game and there is some group paid to make pump certain currencies and perhaps bitcoin.
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Nowadays Most of the top companies like to integrate blockchain technology into there infrastructure and doing researches with blockchain technology. Some of the these, Samsung: Samsung is hoping to integrate blockchain technology into their global supply chain. Mastercard: The development of new efficient payment system with blockchain technology.
These are most recent involvement, In future blockchain will be boom and Cryptocurrency will be the currency of the world Comment your ideas.
There is a big possibility that multi-company will integrate with blockchain technology because blockchain is secured and fast transaction.
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Bitcoin is a crypto currency, all currencies make upward and downward trends from time to time. Bitcoin is and other Crypto currencies are taking over the world economy. See every dip as an opportunity to buy more. Invest now and smile at moon
the private investor has great beliefs in bitcoin and cryptocurrency they are the early adopter of digital currency they trust blockchain technology that's why bitcoin has a great future.
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I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !
BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?
Because of some country believe in bitcoin and cryptocurrency some of them still study on how to regulate the digital currency.
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Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
Im very optimistic that government will regulate the bitcoin soon at the moment authority concentrate in the ICO and exchange and undergo more study on how to regulate the bitcoin and cryptocurrency.
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This forum has been a leading light for information, work, online socialising for the crypto community world. we have seen many ICOs happenning and bounties being paid out. so all this leads to curious questioning. so do we have bounty millionaires here among us ? who have made their fortune in executing bounty work and can inspire the community and wish to share their stories and tips with the community?
thanks all.d
I think maybe some of the bounty hunter it will depend on the rank and category and the skills of the hunter Admin CM and bounty manager translator are among the top earner.
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How many idiots who decided to invest in bitcoin!!!!!!!
It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion. And as it grows from 1.5 to 1.7.....
In recent days printed 180 million tether and still no big growth.... Lending on the stock exchange came to a billion dollars. The credit rate on the day was a record and more than the 0.103%.
This means that the market has reached its peak. The price of cryptocurrency maximum. This is the moment when you have to sell everything.
So began a process of growth needs the infusion of more money.... They're gone.
I think the joy of endless growth to an end this weekend.
Nothing in this world is eternal and permanent And rising prices of bitcoin are not eternal.... all ends already.....
people who invested in bitcoin are smart people who really understand the true spirit of financial freedom free from the corrupt government if that is your beliefs regarding bitcoin you do not belong here. Sorry...
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I agree that exchange is being manipulated by the big player so if every one of us is holding bitcoin in our own wallet chances of the bitcoin price will spike.
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If it will happen another exponential growth will happen in due times Euro is a good currency, no issue if binance will add euro to their trading pair.
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thank you for a very informative post it is really predictable that bitcoin will surpass fiat because no government has ever been able to discipline its monetary policy. it easier for any government to increase the money supply through borrowing, increase the money supply through simply printing.
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