I can’t imagine that bitcoin can destroy our worl,even the bitcoin can cost that amount of energy, for sure bitcoin is so many advantages that can protect our environment and that’s why so many project are invented that most of the platform is to help our ecosystem.
Bitcoin will never destroy our world but gives us an opportunity to provide all the people a more systematic and organized financial money that will lead to more secure and advanced form of transaction without the intervention of banks and other remittance center. |
|
|
|
They fear to government because government can banned it and says this is illegal but but the truth is many people become rich, many who feel the benefit of bitcoin can feel afraid to government who control what government want they want to
bitcoin users are scared because they think that the bitcoin will be controlled and regulated by the government and totally will change the system of bitcoin. But i really think that bitcoin will always be decentralized and cannot be changed the system by the government. |
|
|
|
Yes, bitcoin is legally used in some other countries, we can see there were some that accepted by great companies and with influence with the public but in terms of legalizing the income that we received from bitcoin I guess it is another topic b ause for sure once it is legalize the taxes.
Bitcoin is being legalized in some countries here in Asia. Philippines and Japan are two of the countries that supports bitcoin. Even companies are trying to adapt the bitcoin system. There are more countries from other continents that accepted the bitcoin as one of the virtual money. |
|
|
|
it is easy if you are not new comer in cryptocurrency.
beside, you can learn about cryptocurrency here, in this forum.
Investing in bitcoin takes a process before you understand the whole process and the system itself. Not just only bitcoin but everything in cryptocurrency like blockchain, wallets, mining, etc. Bitcoin is not as easy as you think. You, of course must invest first on searching and reading all about bitcoin. It is not bad to invest immediately because you can also learn when you are into it. But if you want to be sure that your investment will give you a great return in the near future, research. |
|
|
|
maybe the question is : 'how unstable is bitcoin ?' i think bitcoin is not a stable thing. in the market on december 2017, bitcoin price was increased rapidly. if bitcoin was stable, it wouldn't increased like that.  Bitcoin is not stable but the value of it is high enough. Even if the price fluctuates, the price is still high and depreciates quite low. Bitcoin is unstable right now but the value of it remains higher. Nothing is stable even stocks is not stable. Bitcoin is way more stable than stocks and the value of it is low while the bitcoin is very high. |
|
|
|
Several sites and businesses have started surrounding their businesses with bitcoin and altcoins. Funds transferred reflects immediately and it’s an open source transaction. I supposed that it’s just the usage that may be the challenge but more importantly, the volatility of the currrencies is really a challenge because it can go for or go against the investor. So, the price variation is usually a challenge for most cryptocurrency users.
The common challenges of bitcoin now and in the future are regulation and control or the power of government to rule out bitcoin not bitcoin will rule out the world. Maybe its a challenge to bitcoin if the government is trying to control and manipulate the whole system of bitcoin and make it favorable only to them not for its countrymen. We can prevent it to happen if we will support bitcoin and make it more powerful than people so that it the authority is on the people not in the government. |
|
|
|
Bitcoin is a digital currency and an open worldwide payment system which works independently without central bank while blockchain is a digital public ledger which records transaction between two parties chronologically. It is true that bitcoin is made by blockchain technology.
Bitcoin is the currency that we spend and the blockchain is the records of transactions that you have done. When you transact using bitcoins, for example buying or selling bitcoin or buying goods with bitcoin, you can only transact with others using blockchain technology where in your transactions are being recorded there. |
|
|
|
Its flaws? It is new.  Because of that there have been difficulties for acceptance. It is a currency. People just want their own currency to be used. It is not physically seen. A larger percentage of people do not believe in ghost so why bitcoin? If they cannot hold it then it is not real for them. I think there are no valid reasons why you dont want to invest on bitcoin. Maybe the problem is the ignorance of the bitcoin system and second you have no money to invest on it. Why not to invest if it will guarantee you a good return and people who dont believe in bitcoin is missing the chance to change their lives. I am very lucky that i am one of the bitcoin supporters. I have no reasons not to invest in bitcoin because it really helped me a lot. |
|
|
|
I think best time for buy is after sudden rise because after sudden rise usually bitcoin price the lowest number for close time
Always is the best time to buy bitcoins. Since bitcoin is unpredictable and always changing its exchange value for a short period of time. You can buy bitcoins anytime you want. Bitcoin may experiencing change in value but it is very minimal only. I think there is no such thing as good timing in bitcoin. Everyday is always an opportunity for you to have one. |
|
|
|
This has been proven in the past few days as the market recovered very well. And I think it will be even higher in late May. And I hope my predictions are true.
It is not true and news that bitcoin will never recover and will be dead soon. Market on bitcoin is now currently recovering from the drops that it experienced. For those who doubt bitcoin badly, just read about real news and articles to prove to yourself that bitcoin will not be dead and will still go up. |
|
|
|
In my opinion, no one can estimate how far bitcoin can go.
I expect the bitcoin price can reach 50,000$ in the end of this year.
Bitcoin will continue as long as the supporters who are willing to make the industry to continue will always be present. Bitcoin will last and will be our first official digital currency that will replace the old ones. Bitcoin has many plans for the future of mankind. Bitcoin will be very recognized and will become popular and of course it will be used by all people around the world. |
|
|
|
The problem of scalability has reared its ugly head again this time when transactions are clogging and when we are about to experience the coming of the Bitcoin Futures. People have been expecting that soon Bitcoin can reach the mainstream with the legitimization it has been going through with the introduction of the Bitcoin Futures Contracts.
People are now strongly complaining of the shockingly high fees imposed by wallets and exchanges for the transfer of Bitcoin and this should not be ignored by those tasked with making decisions for Bitcoin. This whole thing can kill Bitcoin gradually if not given the appropriate remedy.
Do you feel like discouraged about Bitcoin with this latest debacle?
I have become stressed when Bitcoin prices go down, and it's down 70% compared to the cost it hit last Christmas. I have become desperate and wanted to sell everything but get advice from so many people I have given up my stupid intentions. I am happy Bitcoin prices have started coming back. I would not be discouraged bitcoin and still continue to support bitcoin in its ups and downs. Bitcoin had really helped me a lot in my everyday expenses and bills. It helped to buy my needs in school and personal wants. It helped me to help my parents. There is no way I can stop on bitcoin as long as I will earn from it. |
|
|
|
I work here earnestly, With sincere intention to seek fortune. If I have succeeded in this world of Cryptocurrency, the first thing I want to do is pay all my debts, I am currently a lot of debt to buy and renovate a house a year ago. If all my debts are paid off, I want to buy a Car with my work in this cryptocurrency World. Please pray for this goal soon!
I am going to spend my bitcoin in building our home and maintenance of it. Also, i will spend my bitcoin in my hobbies like playing a guitar, buying new instruments and guitar effects. I will also spend my bitcoin in my needs like clothes, food, and etc. if i have more, i will give it to charities to help others. |
|
|
|
I don't see any chance for any centralized currency to win the race if no violence and coercion is used. Who would want to trust all their funds to some small group of actors?
Bitcoin will win over ripple. Decentralized cryptocurrency is way more better than its opposite. Where in a decentralized form of currency, you can transact private over the countries with ease and fast. The peer-to-peer network is enough to make bitcoin transactions work. Unlike centralized crypto, maybe privacy will be low because it can be track by interventors. |
|
|
|
The trend now regarding bitcoin is that it constantly goes down in every second and every minute. Is this the end of it? Will there be any possibility that its value becomes zero? Or specifically demonetised? Because for me I think 5 to 10 years from now this will happen simply because of the appearance of other alternative coins. What's your opinion about it?
My though here is I think the reason why we engaged to this system is just because we are believe and trust to the capability and ability of this system but now I'm just do suspicious to those people here because their prediction and hearsay about btc are so miserable. Those people are not giving importance to this system and making some negative issue or topic that may cause of downing the system and push it to it's end Bitcoin has now a good place in cryptocurrency. They are the first crypto ever made before the existence of other digital coins like altcoins, litecoins, etc. It is not possible that bitcoin value will become zero. Actually, bitcoin is now recovering and I believe that the price will become stable for the following years. |
|
|
|
You should be buying PFR instead of whatever crap youre holding. Their mainnet comes out on April 30th. Do you realize that Localbitcoins now has KYC? Do you understand that once PFR is out, people will all jump ship to avoid having to upload documents? People kept doubting the project but these guys deliver. Do you want to be poor forever.
Here in the Philippines, we use Coinsph - a bitcoin wallet app used to store your gained bitcoin and do transactions using unique id. When it comes to cash out, this app is supported. But your bitcoin will go through remittance centers like Cebuana Lhuiller before you exchange it to actual cash. Cashing out is quite expensive but convenient enough to convert bitcoin to cash. |
|
|
|
Bitcoin has many uses in our country so it also improved the living of all people who have uses bitcoin. First they pay their bills and their foods using bitcoin. They can do business by trading and investing uses bitcoin, It is also a mode of payment in our transportation here.
Bitcoin can be very helpful to develop a modernized and systematic currency in the world. Bitcoin in the future will be used in any forms of transaction just like our old currency but of course, a way more systematic and easy. Over the country transactions can be done with any intervention like banks and remittance centers. Bitcoin can solve faking of coins and bills. |
|
|
|
Since the present time bitcoin made, I don’t hear a report the blockchain is hack by unknown. I just read trade or wallets hack. I mean bitcoin can hack the main hackable is the exchanger like poloniex, bittrex or wallet like coinbase, electrum and some more. Which hacking into those sites to take the bitcoin is entirely conceivable. We should secure our particular record from the attacker soon as possible consistently your will change your secret word every month.
Bitcoin might be focusing on their security, no one will tell that it can’t be hacked. But there is a small chance that bitcoin be hacked. Users of bitcoin, their coins can be hacked thru their wallet not in blockchain. Wallet apps must improve their security for the users to become safe from havkers. |
|
|
|
I think Bill Gates only sees the bitcoin from the negative side without seeing the positive side of bitcoin. Let's imagine when bitcoin users can really change the world economy even dominate all the currencies. Perhaps Bill Gates will retract his statement.
Before cryptocurrency like bitcoin used by criminals, terrorists, etc. to buy goods, illegal drugs, highly weaponized equipment. Bitcoin before as one of the market hideout for them to continue their illegal activies. But now, bitcoin is purely used in any type of transaction. Bitcoin can be used now for good deeds like sponsoring, donating, buying and selling legally. |
|
|
|
Its better to research through this forum and read the posts of the meritorious people around here... Don't just ask for investment option or to hodl it as many new Launching projects will lure with attractive schemes to invest into their projects... So you should instead use your own mind and its good that you have already purchased 8 Eth. Its better to keep the ratio 1:1 for both Bitcoin and Eth...
My advice for a crypto beginner is that you have to be familiarized with the terms and definitions like blockchain, mining, selling, buying. Read articles, stories about bitcoin. It will give them a wide view about bitcoin and cryptocurrency and you will learn a lot of information about it. |
|
|
|
|
Show Posts
