Can. The Government had the authority in taking decisions everything problem in her country. Government decisions are absolute and not bother to sue by anyone.
Your statement itself makes sense. There are some governments of different countries killed the Bitcoin or in other words, the bitcoin is banned in some countries. |
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Every bitcoins you have is money. Bitcoin is just like sending a text message, telling address to people and any bitcoin sent to that address are now yours. We need to convert that coins to traditional currency in order to purchase things, pay your bills in your favorite shops.
For me, yes Bitcoin sounds money. Yes it is a digital currency and uses as an investment tool but it will sound money the moment you exchange it as money the money itself. |
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I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?
If I have to be honest I do not know if this can happen unless the Internet or electricity are stopped anywhere in the world.  You are definitely right about that. The medium that is needed to access bitcoin is with the use of electricity and internet. But who knows as the world develops maybe perhaps there will be a way to shut the bitcoin down. |
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Actually everything related to bitcoin is for me truly impressive. As the days pass I discover new applications and more businesses interested in joining this ecosystem and this fills me with enthusiasm because I see a very promising future for those of us who are getting involved with bitcoin and crypto currencies in general.
For me, what impresses me most about the bitcoin is the value itself. The value can hit a high amount as high it possible that you cannot believe you can gain that huge amount of money but the shocking thing is it can also hit a very low value. |
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Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.  I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble. Of course, knowledge is important but basically the basics are enough. The second thing, you would invest the money. If you buy a car for example, first check the opinions about it. Here is the same, no one will invest in the dark. Yes, definitely you do not want to do things blindly so you need to learn things before entering this kind of world because this is the world where you can gain a lot or lost at the same time. |
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Best way of explaining is using the gold analogy.
But I think explaining it to a person in his/her early teens will be quite diffiicult. Best to wait till the person reaches late teens and then explain
There is a lot of ways to explain the bitcoin to the children and teenagers but I do not recommend to explain or teach the bitcoin to them. Maybe if they reach the right age and maturity I will explain it to them frankly, like what bitcoin really is, how it benefits the users etc. because at that age they have the capability to understand things maturely. |
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I think incorporating Bitcoin in college is a great idea. Having a some topics or lessons within the curriculum of Economics, Technology would be good to keep our next generation knowledgeable and equipped on how Bitcoin works for their future. They need to know how it works and what it can do to change their lives, also how to protect and maintain the crypto world once it is their turn to do it.
I definitely agree with your statement. As early as a college student, everyone needs to be enlighten what is really the crypto world is. And also Bitcoin will help them in their daily lives especially in financial issues. |
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Of course, such an option may well be. But I hope this does not happen
I kinda agree what your point is and i do really understand ot but i just give my contradictory opinion. If the bitcoin really reach zero then the buyers can have it as free? And a lot of companies and people invest in bitcoin so i think it will not be possible. |
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Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
The advantage of bitcoin is that you can trade it with a huge amount of money that will help you for your future goals and ambition. It is like the bitcoin serves as an oppurtunity to reach our goals in life. |
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Sorry but I haven't seen this question for some time now so I just had to ask Satoshi Nakamoto is the person behind this paradise. He is the founder of this bitcoin that is trend to a lot of people all over the world. But one of the misterious thing is that there os no specific information who is satoshi nakamoto really is. |
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I don't think quit your current job is a good idea. You can do bitcoin stuff as left-handed job and keep doing your job. Bitcoin is interesting and valuable but quitting job to totally invest your time and money to bitcoin not a smart way to earning money. Think about it carefully before action.
I definitely agree with your statement. Quiting a secure and stable job is not a joob idea. For me, bitcoin helps for an extra financial aspect. Because still the value of bitcoin goes up and drops, it is not stable and quiting you job for this i think it is an unwise decision. |
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I don't think that Bitcoin is ever going to replace gold. Because I don't think that a physical asset can be replaced by a digital asset. On top of that, gold is mostly preferred by the old school investors, while it is the youth and the middle-aged who are preferring Bitcoin.
Exactly, couldn’t agree more. I also do believe that people is more convince when the thing that they treasure is at physical state. Also gold has been here in the Earth ages ago and no one replaced it as tome goes by. |
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How about if there's a subject added in school
For crypto trading?
I thinks it is not that bad idea but I do recommend it to teach about this cryptocurrencies in college. This makes me at ease that they atmre mature enough and has a preparedness in entering this kind of world. |
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Hello,
I'm still learning about crypto currencies and willing to buy some bitcoins. Is it good time to buy?
Thanks
There is no such thing as late when it comes to bitcion. The moment you have heard it, learn it and unterstadind it well immediately then you can start right away. That is my one and only regretion in bitcoin. The moment I learnt it I did have a care or interest at forst. |
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Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?
For me, I think that the situation that you stated is not greediness but I think those people who hold the bitcoin to maximize their worth is just being wise. All of us has our own strategy on how to accumulate bitcoin and what can we do to gather more, I think those people are thinking about it and that method came up to them and became their strategy. |
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i have been thinking bitcoin cannot last forever..............i need you guys opinion if what im thinking is right.
No one knows how long the bitcoin could last or if it will just exist it forever. No one also knows and can pinpoint what will be the date, time and reason for it to be label as non-existence. |
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What would your grandma do with more money at this age? She should spend it on her luxury now and spent the rest of her life enjoying those
I definitely agree with this statement. At her age she needs to unwind and enjoy herself with her own money. But I am not saying that you make a wrong decision in telling her to put her lifesavings in bitcoin. It is just that there is more pleasant option. |
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Just imagine selling your $259,900 house for 43BTC and 2 Months in street.
and after just 2 months sell 43BTC for $498198.
Again buying the previous also you will be in profit of $472298.
would you try this technique.
For me it is a risky strategy, I can also label it as an unwise decision. The value of the bitcoin is not stable so you are nit certain of you will get back those money. |
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I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
In holding or investing a bitcoin, in depends on the person itself if it will be dangerous or not. If the person is wise and knows how to manage it will be an advantage to the person but if the it the type of anperson who invest all his/her earnings, this is the time it can be label as dangerous. |
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Hello Everyone. Recently my friends Asked me. Now I can investment with bitcoin. I said my friends. Of course you can invest bitcoin without tension. but my friends can not believe bitcoin.my friends tell me bitcoin price always dumping. It's will be got this scam.  I got this boring felling with my friends opinion. Because I always believe them bitcoin about. Bitcoin is the real king crypto currency world. Bitcoin will be never scam. It's not possible.  If I understand correctly, regarding to your friends opinion, well there is always a misconception about bitcoin that it is a scam. Those are the people who lack of knowledge and understanding what bitcoin really is. You don’t need to force them investing on the things they do not believe and understand. |
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