I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?
a lot of news we see bitcoin as a means for crime, maybe that's the reason why many are rejecting bitcoin, while banks can not accept bitcoin because we also know bitcoin can do transaction without any tax and without any third party that is bank officially issued the legal and official currency as the transaction Banks are afraid that they can lose and close in the future because there can be transactions made with less fee. They do not want to accept bitcoin because they do not know the process on it and do not see the profit can get but there is no reason for that because many of the investors want to put there savings on the bank for it to be more secure rather than placing it on online wallet. |
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Mining is not profitable than bounty campaigns. It will just cosume more time than earning not like on bounty campaigns you will have lots of opportunities to earn a big profit.
Mining needs an expensive hardware but make you earn continuously when the site is legit to mine and can return the capital you put on it. Bounty is good for those who do not want to risk what they already have and earn from nothing and make profit from it. There is lot of opportunity to do both way but you have to choose on which you sure for small lose only even mining can be long time to used. |
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Cryptocurrency in five years the value will be increase, growing fast, many new investors, some company use cryptocurrency for transactions etc.
I hope in five years later cryptocurrency will can accepted in some country and legalized it. And bitcoin still market leaders in crytocurrency.
I think cryptocurrency will have a good future after five years. Many economist predict that after seeing its successful past achievements. In this cashless society everyone love to use cryptocurrency instead of real currency . Many developed countries like japan Germany etc give importance to crypto currency and also praise their people to use that currency. Many multimillionaire company like Microsoft, Amazon etc start using cryptocurrency for their various purpose. And its price also increase day by day. This above thing sure us that bitcoin have a bright future.  If that's the scenario for now, I think bitcoin will be much more profitable and people who've been saving their cryptocurrency definitely have the opportunity to gain bigger profits. Some people may think that it's not true, but if bitcoin will silently showing up its breakthrough they started to become feel sad and having regrets of wrong decisions. Those who failed to wait couldn't benefit after five years, and the one who bought your crypto asset enjoyed the benefit of the assets purchased from panic seller. Those who does not believe and think that bitcoin is scam will definitely regret if Bitcoin change positively in five years and legally accept in the country as the source of income for individual. Those who wait long can be benefitted and there has chances to earn big. |
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As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of virtual currency or bitcoins.
Bitcoin to pay employees, albeit skilled, is a fairly large currency, especially since many hope that bitcoin will rise to 20K. I do not think that bitcoin will rise in price this year, but in the future it can. I do not think bitcoin as payment for employees who want yo earn money for the every day expenses because even it has high price in the future, they cannot earn from that today. It maybe use as global currency for the exchange of local currency around the world but cannot use as local currency of one country. Only can be use for online transactions. |
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Too high risk to depend the future to bit coin.
It is not the right decision to do. Sometimes crypto price fall down to the pit sometimes t goes up to the moon. I think it is not advisable, wasn't sure of what will happen.
It is not good to depend only in bitcoin, you also have investment in real state where there is stable earning from it unlike bitcoin that unstable and do not sure if gonna live long for the high price. We have to know the risk of putting the money to invest. Diversify investment for more possibility and do not depend on only one way if there's a lot to take on. |
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In cryptocurrency market, i think we have same chance to be a wealthy man. If we have good on choosing coin to invest, we can be a wealthy man in short time and if a wealthy man pick a wrong coin/token, they can be a poor.
Its same situation and in same market, the most importan thing is we make good analysis before we start investing our money
We all have the chance to be wealthy someday and it is not just in cryptocurrency because in any field we can be rich as long as we do our best and we will not like the other people that are lazy and not consistent in their performance. We should become consistent and also keep aiming higher and higher so you will have more motivation in the future. We are not wealthy yet but we are allowed for it. Everyone has a chance as long as we work to achieve it. Working in crypto smartly and patiently can make you success in one thing which is financial freedom and you can save for the future. You can invest not only in crypto but also with real state assets. You can be wealthy on your own way and also money is not the measurement to be one wealthy man. |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
I am not sure bitcoin as my prime currency. Bitcoin is too volatile and unstable to become the main currency. maybe If the bitcoin is stable, it will be used as currency. Yes agree, for the time now it seems very difficult to be able to realize bitcoin as primary currency, of course is a funny thing if the morning bitcoin price of $ 9000 then afternoon we want to shop with bitcoin to buy a car and then to the cashier bitcoin price to $ 8000. Bitcoin as prime currency is hard to believe but using it for the world exchange. Price is unstable and when use it as payment in the store, you do not have choice even the price is low that you predicted to be high at the moment. You cannot budget that properly on the things that you have to buy. Bitcoin is good when changes positively but give problem and lose you what you gain when it falls. |
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Actually there so many cryptocurrency job,and its up to you to choose of which most suitable into your taste,only you can do is become more knowleadgeable about the digital currency system,otherwise cryptocurrency job is risk and need more lesson to learn about cryptocurrency in order that you prepared there is a failure into your choosing investment. You can read a lot information on the thread that can help for you to understand things about digital currencies and the blockchain. I am also start on nothing but now earn good amount that helps my family and myself. You can read different articles and watch in youtube to gain knowledge on how to work with it. Skill can be improve when you are in the situation and doing it in actual. There is no thing that you can learn that easy but time come you will do this as a job and work for the better. |
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Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
I am not sure bitcoin as my prime currency. Bitcoin is too volatile and unstable to become the main currency. maybe If the bitcoin is stable, it will be used as currency. Yes agree, for the time now it seems very difficult to be able to realize bitcoin as primary currency, of course is a funny thing if the morning bitcoin price of $ 9000 then afternoon we want to shop with bitcoin to buy a car and then to the cashier bitcoin price to $ 8000. Bitcoin as prime currency is hard to believe but using it for the world exchange. Price is unstable and when use it as payment in the store, you do not have choice even the price is low that you predicted to be high at the moment. You cannot budget that properly on the things that you have to buy. Bitcoin is good when changes positively but give problem and lose you what you gain when it falls. |
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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.
One thing how bitcoin can help for working abroad is that the money they send to their love one has bigger charges and late to receive rather than sending money by means of bitcoins is very advantageous and very much easier. When you send and receive money from anywhere around the globe if you will use bitcoin then it is much prettier because it is very quick. Bitcoin can benefit OFW in sending their money anywhere in the country more fast, secure, less fee and less hassle for them. They can send it anytime because they are the one in control of it. They can also invest on it which can make their money grow. They also can earn bitcoin from their past time using their social media accounts. |
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I won't say those who are investing in bitcoin is foolish because most of us earned already good profit from btc and still believing to hold as it can give more profit anytime in coming months. Investment in bitcoin is always Profitable for me till date and it will continue like that hoping so. Bitcoin has change my lifestyle. I would say those people who are investing in bitcoin is intelligent because it is always right time to invest in bitcoin if they are planning to hold for long-term
I agree. We are always profitable in bitcoin. Foolish are those who put there asset away to make investment in bitcoin and got panic when dumps and do not get profit, it make them lose the to investment they have. Never take risk the things that you already have and worth for the time being. Investment takes long wait for the good price and no matter happen hold to gain profit from it. |
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Bitcoin is the king of crypto currency and for me no altcoin can beat it but I won't deny that ETH is really a threat to btc although i'm confident because of their big gap in price. Too many years before eth can dethrone or maybe not, even once. No one knows.
There will be no other coins and ethereum when there is no bitcoin in the first place. Ethereum cannot be a threat to bitcoin because they have different usage and both are most popular to investors and strive to get that can sell in the market. There are huge difference on their price where can take how many years for ethereum before it meet the price of bitcoin have now. |
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My country is moving towards cashless society. But government has not allowed BTC as legal tender while people are shifting towards it .So may be in coming years people start to use it for becoming cashless society.
True. A lot of countries have started moving on their way to cashless society, currently, there are countries who use digital money, but what about its safety? Digital money can lead to hacking right? It's easy to steal if it becomes digital right? Correct me if I am wrong and also I've read some post that people agrees that in the future, bitcoin will become a digital money. In my opinion, I think it will be too difficult to make bitcoin as one of the digital money because its price is too volatile. I don't think that government will accept bitcoin easily, because they want assurance first. I just cannot imagine a cashless society. Not all people have digital money and earn for it to have. These can be hard not only to the government but also in the society because they have to adjust for it. Even it has good advantage because you can keep it to you and no one can steal it when walking on the road but it is not more secure in the internet. It also hassle when you are just going to pay small amount that the transaction fee is high and even the price is volatile. We cannot spend it all the way without checking the price. |
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I am totally agree to what you just said about bitcoin volatility. It only has a limited supply so thats why when people buy a lot of the supply, the demand is high and the price goes up too. When people sell a large amount then thats the time when price goes down. It is just a basic law of supply and demand. Volatility is high in bitcoin due to its very limited supply.
Bitcoin volatility is cause of the limited supply where there are many investors that are trying to collect it and having more people demand to use it. People who contribute for the dump are those who are new in the market and do panic selling which result for the price to dump more because they can get supply even they give such amount. Even there are many to buy bitcoin, there are much more who sell. Those who invest are very lucky because once they are the one who have it when the supply down the most, it is their chance to earn high because the need for supply is high. |
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They sell bitcoin because that's what it does, sell / buy bitcoin to get a profit, or sell bitcoin for wanting to get some cash money.
Maybe this guy has vast knowledge but they do not know the future, so they trust the bubble issue. and sell his bitcoin to an optimistic person can benefit from buying bitcoin.
Some are selling just because they believe that they have gotten enough profits from investing out of it. Other sell their bitcoins because they may need the money for emergency purposes. Mostly, selling due to important things where bitcoin is the only source of it and there is no other option even there is small profit to get. We sell bitcoin to have in cash to be used to buy needs and for allowance. If bitcoin is your only way to earn, you can sell because you work for it to have financial support despite of the volatility that the price will gonna up more after you sell but you cannot wait for that long. |
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Still accepting participants? I would like to join.
Name: Naughty Princess
Rank: Full Member
Bitcoin Address: 3FotjwQ3TDDvPmEPkBCXH9nRN59sQaX1V5
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Its important to understand that one of the safest way to stay safe is to keep away from unsolicited and unwanted sites usually coming in as spam or even unsolicited mails. Do not click on or visit any site of unknown and unsolicited origin. Keep safe from sites that promise bogus profits or deal in business that cannot be verified or traced om the ground.
Only carry out financial transactions in a safe and secure environments. lastly, make sure you use alphanumeric passwords for your wallets that are different from your social media sites and nothing close to what anyone may guess like your birthday dates or anniversary.
Keep safe.
Do not save your password when being ask to access one site you have visit because that is the way how the hacker enter your account and avoid to open spam messages that sends to you. Use 2Factor authenticator on your wallets for more security. I put my profit in the banks which I know more safer because lot of bitcoin in online wallet is hot in the eye of the hacker. |
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I doubt that we can talk about the banks shut down at least because that is not what bitcoin's idea is.
Not all but some banks will stay and do not shutdown because even it is not the idea of bitcoin, users are there to support it. Banks is where to place your money safe than in online wallet even small interest earn in how many years and many regulations to follow. Bitcoin is for only investment but putting all the money in it is too risky and we have to minimize that. |
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I agree with you on this. Investing in bitcoin is a viable investment. With its strong development and influence, Bitcoin has brought success to many people and it has helped our lives become better. Its value is continuing to increase and its value will be very high in the future. I believe investing in bitcoin as a long term investment will bring me more profit in the future
There are many people who success for their investments and gain huge profit through diversifying it on more possibility but bitcoin has the highest potential of going profit because of its price that continue to grow. Bitcoin is the best because it change the lives of every user of it as well. Long term investment through it can make gain when you wait for more in the future. |
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I think both of bitcoin and the conventional bank still important.we can separate them from our daily life.however, we still need fiat for buy daily goods.and we also need conventional bank for trade our bitcoin to fiat.
I agree. Bank has also big part in saving money even it is bitcoin era exist. Bank will not fear because many investors have choose where to put their profit into safety and more secure. |
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