China owns the largest mining and bitcoin industry in the world, 81% of mining pool belongs to them, they have a cheaper electricity cost from coal and nuclear which how the mining works, it needs a ton of electricity in order to generate and mine a lot of bitcoin, but Chinese government bans bitcoin and we all know that, there's a news that the Chinese crypto traders moved in to japan.
does china really have banned bitcoin ? from what I’ve read and as far as I know is the chinese government only forbid and forcefully closed ICO, or is it me who read wrong news? From what I know from ICO data in Chinese, 65 ICOs has raised $ 394.6 million from 105.000 Chinese citizens in 2017. and it’s really affect the bitcoin selling price at the beginning of last September. |
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prohibiting exchanges not banning Bitcoin, these are different matters. I've read that russia legalizes Bitcoin, just like Japanese welcomed the Bitcoin market warmly. the Russian government says that bitcoin transaction can be tracked and that’s why it’s legal.
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Bitcoin can grow and its development makes it easier for people to use it so it becomes more easily to be accepted by the mass. so if Bitcoin development stays with it then its value will also increase. so in 5 years I think it’ll be more useful for more users.
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hallo manager bounty CRYPTOGENE campaign, please update my information as follows: Facebook spreadsheet serial no.93 Facebook profile url: https://www.facebook.com/silay206Twitter spreadsheet no.198 Bitcointalk Username: Kray Twitter profile url: https://twitter.com/WeShareArticleswaves address: 3PPdyTfav6RgbypgjP44izXxkkmCq4suKcW Please update my information in the spreadsheet. thanks. |
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Please all I have a serious problem with my wallet. The wallet can not open and my bounty reward is inside it. It can not synchronize more than 4 weeks behind. That is the message it display and also no block source available. What can i do. Pls Whoever wants to help me resolve this should be simple in explanation to help understand and carry out the instruction. You can PM me.
what's your wallet version? Have you add node manually? |
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is bitcoin really an illegal digital money? I don’t think so, bitcoin is not an illegal digital money maybe bitcoin isn’t accepted by some countries because it’s not taxable in transaction and goods with no tax won’t give any profits for a country, because of all the countries in this world rely on taxes to earn profits to build the country to become more advanced.
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What a nice person who give me his precious treasure, in return I would definitely treat him to eat with that Bitcoin and I HODL the rest as my investment asset or I can also exchange it with fiat money then buy gold.
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It’s not impossible that virtual money can be more secure than physical money as long as the user get enough education to use it and also more practical to be kept safely. There is still a long way for it because it requires adequated technology and infrastructure also education to the whole society
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Countries will be dizzy to tackle such corruption cases. that is if we use only one currency, for example the dollar currency
the country will also be dizzy when they have to read your thread purely translated from google. if we only use one currency around the world then centralization will happen whether desired or not there must be an institution to regulate the circulation of so much money, then if something regulate it there will be a monopoly and monopolize. and if we look at the economic differences in each country, it’s a difficult thing to do because the economy of each country requires different treatment. |
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Bank is not only getting profit from fee, but it also getting profit from the administration fee and the credit interest and bank is also served the purpose to balance the country economics, so banks will always be fine with or without blockchain
you are right and blockchain should not interfere in banking world exists in real world. blockchain just have to focus on online world and no need to replace the banking system that has been successful in real world. blockchain only helps in online transaction and impossible to balance the economy of a country and it’s bank duty to stabilize the country’s finance |
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As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?
In my opinion btc price is too high to buy now, it's better to buy altcoin but of course altcoin which have good future. But if you have lot of money to throw in BTC you can buy it and get new free coin in the end of october |
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Currently I would say bitcoin for sure is the best long-term investment in Cryptocurrency. However I would and will stay diligent on watching the other currencies in the news to see if there are potential contenders even though I forsee that being very unlikely right now.
In my opinion i rather to say bitcoin is not really good to buy now, i just worry about this price only rising because of 2nd fork. It's better to buy after fork happened except you have money to throw in btc, in this case people should consider to invest in altcoin |
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I think the scammers commit scam because they’re used to doing scam tricks that run smoothly to others and they’re comfortable once all the tricks run smoothly and earn money quickly without having to work hard
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Seems like many altcoins are slowly abandoned and the price falling, meanwhile BTC is rising. this means that many investors are leaving altcoin and back to Bitcoin. and that is good news because it can prove the trust in Bitcoin is persist even increasing. it is not impossible if bitcoin will reach 5000 dollars, either next week or after but I am sure this will happen soon.
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bitcoin is processed like fiat money where if we want to get bitcoin we have to work for it but the difference is it’s a digital currency with no physical form and we store it in online wallet like a purse in real world but it’s private with personal data unknown for other people. If we forgot our password our wallet won’t take our bitcoin because there is no forgot password system like in most websites.
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I guess this is fork effect, people think to buy bitcoin to get new coin and then dump new coin. I just wondering about coin price?
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It may take a very long time around 20 to 30 years if paper money vanish and it will probably only in developed countries, in still-developing countries it will be a few years longer than developed countries.
I may not be able to say that I don’t really like that paper money is going to disappear because the central government's financial system is strictly controlled
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Where can we find spreadsheet? this project looks like dead, or am i wrong?
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Gold 70% bitcoin 30%, I prefer gold because in my country bitcoin is still illegal and it will be a bit difficult to choose bitcoin whereas my country has many people who have gold for asset, and at the other side both gold and bitcoin are surely have their own respective of advantage in each different countries
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