anyone know what reason stoping bitcoin many countries,,,,,,,,,,what reason ?
The lack of regulation on the use of bitcoin in a country makes people can use this currency freely like buying drugs, fraud and money laundering. Bitcoin is a decentralized currency that from the beginning there are no rules at all.
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Hi there What's the most simple way to describe what bitcoin is for people? Will be cool to read in the comments some new creative ways to do that! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) These kids will be hard to understand about bitcoin and even adults so. Just say that bitcoin is the first virtual currency that has many useful functions.
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Any business must have risks, no business will provide benefits easily. Being involved in bitcoin for me certainly has to bear the risk, we know that bitcoin is a decentralized currency whose value can change rapidly. Also there are no regulations regarding the use of this currency so if someone cheats it should be left alone.
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Sure and can work with that. If you look at some of the most cryptocurrency use blockchain technology that is much safer. The decentralized nature makes this technology can not be changed and can not be controlled by the government though. Each transaction is faster, offer a low cost and transparent. That is why many banks wanted to adopt the technology blockchain.
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We are in a bear market and this is normal bitcoin is losing price but why big company and names are starting to get into cryptocurrency? Because they know the value of it and how it will help to run their business in a more convenient way, let's look at the bigger picture and not just on the price because technology is evolving for a better future.
It is true that many big companies that are just starting to join in cryptocurrency. Maybe these companies consider now is the right time to join because the price is also quite low. It also proves that bitcoin is still popular hopefully better future.
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It will be very good for crypto development if Facebook promotes it. If Facebook promotes crypto, of course many people will know because Facebook is a very large social media application, so many people will see it. This will be very good with the development of crypto, but in my opinion, of course there will be a negative side. The negative side is that crypto scams can enter, if people see them and are interested they will do harm. And it will expand the spread of crypto scams. But if Facebook can prevent crypto scams, this will certainly be better. There will definitely be a positive side as well as a negative side.
However it is common good and the bad will always side by side. We all know people are free to use cryptocurrency especially Facebook is a very big company will be many people who will do bad things exploiting something for their own benefit.
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Well for people who have known bitcoin since 2012-2013, they certainly will not feel that bitcoin is dead. As long as you know the current price of bitcoin is still relatively good compared to previous years. I just feel bitcoin is still valuable to use.
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what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls
Basically we don't know whether it happened or not, but don't believe it by attaching the issue to bitcoin. Indeed, every issue that occurs in the world can have an impact on economic conditions, but I think the value of bitcoin that is down is normal because its users also make it happen.
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I'm sure bitcoin users will never decrease. Day by day, new users continue to grow, proving the popularity of bitcoin still exists.
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Bitcoin still has the popularity of many people who are getting to know, use, and try to invest so no doubt that bitcoin can still be used in the next few years.
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Several times but I don't care about that we can see bitcoin is still valuable. Only the market situation makes me tired because the price of bitcoin continues to fall.
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However, bitcoin must get out of it and go back up. It doesn't need a miracle to realize that, only people need to keep believing in bitcoin so that the interest in buying and using bitcoin is high.
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In my opinion there are 3 countries that are the highest in bitcoin adoption among those are Russia, Japan and South Korea. But I prefer Japan as the country that pioneered the use of bitcoin not only in the internet but used in the real world there have been many outlets there that have supported bitcoin payments.
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I do not feel safe to leave a private key of my wallet to anyone, I don't believe what if he can't keep it a secret too? of course I won't give that. When it's time for us to leave the world, of course we will bring nothing, including money, to try to give up everything.
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We live in the modern world everything is possibly happen, you can say that saving money on virtual wallet is safe but no there are many opportunities hackers to get all of it. More using crypto compared to cash is certainly more disadvantages like the value is volatile and all must be connected to an internet connection. Using cash certainly makes it easier for us to transact.
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As a cryptocurrency user where we can use it in the real world of course very happy even though the store was not in our area. Very few companies or stores use bitcoin as their payment, starbucks plans to use bitcoin as their payment hopefully can make bitcoin is better known throughout the world. Why not? Starbucks is big companies, their outlets widespread in some countries.
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Everyone is waiting for 2019 to see the price of the coin back up, But what do you do if it gets worse?
I don't see market movements that can make bitcoin glorious next year or back up though. Clearly visible bitcoin values continue to fall to the lowest price my feelings might get worse later. Just anxious if the bitcoin value returns to its lowest point some of the income I get comes from there.
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When the government forbids cryptocurrency
In my country, the government is gradually apply internet and cryptocurrency control decrees. Previously, they banned direct Bitcoin transactions. Currently, they are banning crypto-related bank transfers. And of course, ICOS is also gradually banned . Initially, they said they would not ban crypto and bitcoin. But now their actions show that they do not want crypto to exist. Is their purpose not to secure crypto investors? They are trying to make it their own They see huge profits being lost for themselves And when the internet management program took place in my country, maybe I could not come up here to share my views like this. So sad
The government will forbids cryptocurrency if its use is not considered good. If misused people will certainly complain to the government asking for help or something. Sure to prevent such things continue to happen the government will prohibit its use in that country.
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I know you guys have benefited from bitcoin investments as well as you would want a bitcoin to survive personally me too want it. I am not so sure there are people who hate bitcoin in this forum, also people who have used crypto so far.
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For old holders will definitely feel lost seeing the current price and this certainly affects the other cryptocurrency. However as the old man who has known bitcoin will continue to support even though until no value. Keep calm the current bitcoin prices are not comparable with the previous years and looks bad when bitcoin haven't reached $1000.
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