How is bitcoin technology outdated?
You have to understand that bitcoin only aims to be a decentralized and trustless currency, and anything else would be out of the scope of the bitcoin network. What other projects are trying to do with bolckchain right now is completely irrelevant, and doesn't mean that bitcoin is outdated or useless.
Bitcoin's value comes from the fact that it's intrinsically limited in supply, and this can't be manipulated, and its decentralization. It also comes from the fact that it's the first cryptocurrency, with probably the most practicality and adoption at the moment. It's not outdated, in fact, I think we're still in the early adopter phase of things. That's why bitcoin is valuable.
Bitcoin is not outdated, the people saying this is probably invested in another coin and they want other people to invest in that, so they have to smack talk Bitcoin for those people to invest in all these other crappy coins. Some people also wants to brag that they are always better than other people, so they will say crap like this to boost their ego. Bitcoin is constantly being "updated" and still years ahead of it's closest competition. Let those idiots invest in other Alt coins, they will soon learn that it was a massive mistake.  - I think you should have a more realistic look, bitcoin is really outdated when it is compared to other altcoin, although bitcoin has been improving over time but the development of technology is so rapid, bitcoin does not seem to be able to keep up. However, the problem that makes it stand still in the market is its reputation and its influence on the market, it is still a product that receives the most trust, so there is no reason for the price of bitcoin to become very cheap, that will go against the wishes of investors and users |
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The present moment, when SEC declined the application of the Exchange Traded Fund (ETF). This causes the exchange rate to plummet, BTC and altcoins are heavily influenced. So at this point, you should watch the exchange rate so that you can invest in cryptos at the bottom of the exchange rate to make a profit later.
- I think this news is just a method to adjust the price of bitcoin, every year I regularly hear the same news, and the time is always when bitcoin is on the way to recovery because if bitcoin goes too fast, big players will not be able to control the market. They need to limit that, extend the time to accumulate and be ready for the next boom, this bloody will soon end in the next few months, what we need to do is just calm down and wait, should not let any news and this bloody situation makes us panic during this critical time |
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It must be admitted that blockchain is a good system for restoring slow server systems, I'm sure that with blockchain we can save the transaction system so it can be faster, and cheaper.
My country has banned bitcoin because the government is trying to get blockchain technology in their daily routine and it will take time. Till that time it is not possible to accept bitcoin because of the unawareness about blockchain technology. After they legalize bitcoin people will invest freely in bitcoin and Altcoin and thus the economy of the country will grow up. Now, a lot of great and famous companies are ready to use the blockchain technologies or started using it already. I believe it will help to raise the economy. - The value of blockchain is enormous in this age, it is opening up a direction and a new context for technology and currency in the future, right now it is also being applied in a number of areas such as e-commerce, finance, banking, education and health. From there we can see the popularity and development of the blockchain, and when everything becomes tight, transparent and can not be faked, the economy will easily go up over time, modern technology is always an indispensable condition for economic development |
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Due to some disadvantage of bitcoin government want to kill bitcoin.
First, they tried to stop the using of bitcoin, but when they came to know it's not under control, they start making policy against it. Maybe in future bitcoin got killed by the government because except Japan no country can support bitcoin maybe people move to Japan just for bitcoin currency
- Yes, the government tried to control and limit the scope of bitcoin activity in the beginning but gradually everything went out of orbit, the development of bitcoin is too quickly entailing a lot of financial trouble and illegal activities, the government is not able to control the situation when too many lawsuits about fraud through bitcoin. And of course, if they have no means to oppress Bitcoin, they will surely kill it with all they have, features of Bitcoin has gone too far and beyond the limits allowed by the government, they can not sit still and let it continue |
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I am convinced and optimistic that bitcoin becomes a trusted trusted store of value, this is because more and more countries are legalizing bitcoin like japan or germany, and what's going on with bitcoin today is the beginning and great opportunities are still open.
- Agreed that many countries are legalizing bitcoin but there are still a lot of countries that are forbidding bitcoin, not allowing bitcoin traffic, they do not want the bitcoin to grow stronger in the future because the existence of bitcoin is helping too many people start tax evasion and delinquency, affecting the interests of the government. That made me just feel bitcoin is a reliable store in the temporary and short term, it can not go further when governments still have no consensus, however, the future may still have surprises, we can hope the bright future of bitcoin will appear. |
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If I invest, I will invest in RIPPLE and LITECOIN, but if I choose, I still choose LITECOIN. It has a lot to offer!
- Yeah, if we really need to choose, litecoin is always the more affordable option when the conditions that it is having are very suitable for development for a long time, although in the recent time, it is making me very disappointed when many bad news comes, the value goes down seriously but I have faith that it will soon recover. With ripple, it is also one of the top coin, I was once a fan of it but it has brought me a lot of bad impression when everything under the management of the whale, I wasted a lot of time waiting for the recovery |
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Bitcoin is the world’s first decentralized currency now an accepted form of payment in dozens of countries around the world.
As more countries begin to adopt this innovative technology, it’s clear that Bitcoin has the potential to become the new global currency not tied to a specific country or central bank.
- You should know that the bitcoin payment system is just in the beginning, countries are still considering and assessing the suitability of bitcoin with society, and reality shows that, although paying with bitcoin is probably very interesting but people still do not apply, only a very few people use Bitcoin for payment and many people still do not want to stick to Bitcoin. That means bitcoin is not welcome around the world, it's not impressive enough to be a global currency, too unstable and uncontrollable, the government will soon remove the idea of using it for payment |
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sometimes, I got this question in my mind and I still find out when the best time to cash out. but then I realize that in the other time when I really need money to buy something in my real life and I don't have any money, I sell some of my coins and exchange it into fiat. and sometimes, for doing this, I need to cut loss my coins even I don't get the profit because I am in urgent situations which I really need money. and if I finished to fill my needs and I still have money, then I will buy another amount which I think the price is at the cheap price so I can buy the same amount like before.
- I think your case is that you have too concentrated your capital into the market, that makes you not have too much cash for emergencies, the consequence is very clear, you are forced to sell your coin in any situation when you need money. And you do not get any profit, you even get a loss, if I were you, I would have a plan and have some cash for those cases where I needed money, not enough, we can borrow from friends, should not touch our assets on exchange, we should only cash out when it has the profit that we desire |
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Hello guys, I hope you all have a nice day. in this year a lot of ICO projects that make Bounty Campaign, When ICO successful and has been listed in the market, Most bounty hunter immediately sell all coins they have. This causes the price of a token to fall even away from the ICO price. Have you taken advantage of this moment, guys? I think its moment is a good time to buy a token with a cheap price. how about you? very happy to hear your experience about that. I think it is a smart thought since prize seekers will probably dump their tokens since they need their costs to be shabby. We ought to have the capacity to pick the correct token whose value still can possibly develop even after it is discarded. So it will be extremely beneficial at the future, on the off chance that we purchase these coins. - The idea of listening may be very interesting and wise, but when you apply it to reality, the situation will never be as you imagined because the situation I often see is that the value of the token will not return when the bounty hunter starts selling all, it just constantly down and down. If we think this is a good opportunity, we may be wrong, what we try to buy and accumulate will be a heap of rubbish, sometimes we can still get some good tokens and it increases again but the rate is very low, so I do not encourage people to play this game. |
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for big companies like samsung receive bitcoin i think is good news. because we know if samsung can be a motivation for other companies to participate in developing bitcoin as payment. I hope all countries can be used as targets payments bitcoin by samsung.
- I do not want to destroy your mood but many friends have informed me that this is a fake news, Samsung has made a public statement about this, saying they do not have any plans for blockchain or payments through crypto. And this is probably reasonable because you should know that Bitcoin is still a product that does not please the government, the government does not like the existence of bitcoin, it created a lot of threat to the economy and the management of government, so a big company like samsung will not foolish against the government, that only detrimental to them |
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I suggest choosing both, because these assets are the most valuable cryptocurrency assets to date and I'm sure until the future. both are also often used for transactions, ICO, etc. so the circulation of the two crypto is very fast
both coins as if the main choice to be made as the best choice because we know if bitcoin or eth will provide good profit and maximum. so I think choosing both will be very good for our profit stability. I also invested in both coins, I divided 60% for ETH and 40% for BTC. I think that growth is strong, ETH is better than BTC. BTC is more stable and safer than ETH. If possible, I think investors should buy BTC and ETH at this time because if the market grows strong, it is difficult to buy good prices today. - Well, if I talk about an option for a long enough time, I prefer eth over although eth does not seem popular and it is loved as bitcoin but with relatively low value, the opportunity to be pumped and developed is very high, double or triple in the future is not something too surprised. While with bitcoin, this opportunity is probably very low as the value of bitcoin has gone through several stages of price increase, wanting higher has been very difficult, double or triple in the future is even harder, I feel it is only suitable for daily trading, instead of long term |
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Heard a rumor that facebook was thinking about launching their own crypto. What do you guys think about this?
Would also love your feedback on Algebraix. App that keeps your data private and pays you to watch ads. how do you think they will measure up to the advertising giants like facebook and google?
I have not personally heard this news. But I think it sounds pretty interesting. If the FB has made its own coin, then millions of people who have not been interested in the crypto world so far may be starting to do so. It also depends on what the purpose of the coin will be, but it still sounds interesting. - I also heard this news but I think this is just a fake news because facebook is not really interested in crypto, they have forbidden crypto in the past and they have just removed the ban recently, there is no reason for them to think about creating their own crypto, the government is still too strict on this issue. However, Facebook is probably still waiting for some action from the government, such as adoption or legalization of bitcoin, if this could happen, facebook will create their own crypto, they are a technology company, they will miss the opportunity to develop this |
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Taxing cryptocurrencies means that the cryptocurrency is legal!
With the regulation of cryptocurrencies in countries around the world, cryptocurrencies become legitimate investment assets will gradually become a reality!
As an asset, collecting taxes is a necessary act!
- Actually, I do not like tax issues on cryptocurrency because it touches on a lot of personal things and that made me feel very uncomfortable, first of all, it's personal income, I bet that a lot of people here never want others to see their income, high income will have high taxes, suddenly lost a great deal of income while in the past, that was not happening. And next the government does not guarantee anything and we need to pay taxes for them, it is not reasonable, all is not fair to the user, benefits only belong to the government |
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Bitcoin give you many opportunity to earn huge profit so, I invest in bitcoin & nowadays it is great opportunity to invest in bitcoin
Investment on bitcoin and bank have different advantages and disadvantages. In bitcoin, you will earn big profit when you're patience on waiting for its price to increase, but its not guaranteed that your investments is safe. In bank, you will just earn minimal profit, but you're sure that your investments is safe. I suggest to do both for you to not be bankrupt when something bad happens. - Agreed that both have different advantages and disadvantages but when we are interested in investing, the most important thing is profit, we want our money to create more money, risk is a normal thing, that is the rule of investment, the risk will always have the perfect reward. So, why do we need to think about investing in banks, it only brings safety while not bringing too much profit, banks are against our wishes and intentions, Bitcoin is more suitable and brings more of what we want |
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trading is risky and if you have good knowledge and experience then you can do daily trading, but if you do not have good experience and knowledge it will be safer to keep holding and wait for the price to go up again
- I think we should not rely on experience or knowledge to determine whether we are suitable for day trading or hold for a long time because this market is becoming more harsh and it is gradually eliminating people with only old thoughts and no progress. So if we want to continue to make money, we need more flexibility in this market, instead of always thinking that we have no experience and skills, we choose to hold perhaps better, that only affects us, we need to combine both methods, adapted to the market, we will easily survive more |
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Soon those people who did not believe in the crypto currency will come to it, not everyone even knows what such a thing exists at all. Yes, you can not make money quickly, and honestly and do not want to be all so eager. But when volumes go, and this will be unambiguous, the current rate will need to be multiplied by 100 at least!
I like your point mate, for me i do believe in cryptocurrency, truly the beauty behind its technology make sense a lot especially to the ecommerce industry. It efficiency, effectiveness , security and convenience provides solutions and uplift the real scenario of our fast growing economy. That's why i am activately and diligently supporting projects which i think has a big potential to the real world. - Myself, I do not believe in the potential or the glorious future of cryptocurrency because it is unstable and solid, we always face collapse and unexpected price increases, I can not believe in such a field in the future, anxiety and nervousness every day is not something that many people want. What I believe in cryptocurrency are opportunities that can help me make more money and become richer, my intention is to earn a large sum of money then I will disappear from here as soon as I can |
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Within 1-2 years. Altcoin is the best choice as ETH. Definitely have ETH. and some other altcoin like NEO ICX and ETC. These are altcomments that are highly valued at the present time and in the future
- 1 or 2 years is a very long distance, everything until that time there will be a huge difference, more precisely, we do not know whether eth or the market will change in the positive or negative direction in the future. Especially in the current period, when the market is not moving so well, we can see the potential risks that it might happen in the future, investing in the long run will not be a rational decision, we should turn to short term would be better |
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I will be buying bitcoin till the time it would be alive, because I believe that someday it will begin to be something bigger than it used to be before, and I prefer to have my BTC till that time.
there is huge future in bitcoin, it is a promising coin so if you hold it for a long period of time until the price raise like last year imagine if you have a 1 btc for today it can be doubled if the price hit 20k dollar again but again if it will not happen this year it will took time to have a good value. - Probably because many people always have faith like you, they continue to buy bitcoin regardless of the bitcoin situation is bad or good, they always think that bitcoin in the future will be something very big and splendid, even dominate the world. But we need to know that bitcoin does not grow in that direction, the existence of bitcoin is dependent on whales, they constantly adjust the price, while they are still interested in bitcoin, we can still make money but when they are bored, we will lose a lot, should not be so delusional about Bitcoin |
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I agree and still trust the bitcoin even in the past month the price is down. Definitely it will rise before year end. It is just a challenge for us bitcoiners. Some already gave up and sell theirs but for me, be patient, hold and wait and we will gain more.
- There is no clear sign of what you say, Bitcoin is still fluctuating very unstable, although it is recovering in recent times but it seems that the recovery is very weak and can be extinguished at any time, therefore, believe in bitcoin is of course but you should not be subjective. Bitcoin is not really back, we need more time to observe the change of bitcoin, if bitcoin continues to have problems and signs of severe decline, I think you should have plans to prevent the worst case scenario |
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I trust the ratings. But every time, I try to conduct an additional independent analysis of the project in order to understand whether it is worth investing in such a project.
- I think you should not trust too much on the rating, you should trust your analysis as what you are doing before investing because everything in crypto can be faked, information from the rating can be faked very easily as long as you have money. In my country there are always the same situations, product owners pay for other people to spread the goodness of the product, this is a great strategy, it attracts a lot of people despite the product is not as good as what it is advertised. |
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