We can not deny the big country with good economy, it will make the society economy better too.
So they can follow the economic development and participate in transactions and investments in Bitcoin era.
How the people of small countries can participate in participation and benefit from it?
It would be very difficult to calculate the statistics of users of each country, but the comparison of Bitcoin ATM growth from this early 2017 report can be the initial reference of the statistics.
Perhaps by the end of this year, there will be more Bitcoin ATM growth across the board due to the growing interest in bitcoin this year.

I get asked alot about bitcoin and how the blockchain works by friends and family who are interested and I can never give a straight answer.

What do you guys tell your friends and how would you describe the blockchain in one sentence/paragraph?

Tom

Hi, have you ever thought this?

You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it.

I think this could be a weakness, correct me if I am wrong.

Or comment if you have a kind of solution for this...

Regards!

I agree to used bitcoin as a donation for some reasons.


1. People who give great help to the church are becoming increasingly anonymous.

2. It is easier to monitor the entire proceeds and avoid suspicion of having a claim.

3. The transaction is faster and less expensive

This is just my opinion.


#Datarius

Bitcoin has a huge demand among thousands of investors who dream of a non-cash future, and now they are investing in digital currency, not traditional means.
The first crypto currency has already turned early investors into millionaires, and tries to do everything possible, if only the many thousands of people radically changed their views on traditional markets and investments in general. Although those who use and support bitcoin still make up a smaller percentage of the world's population, in the millennial generation of investors, the number of young people who turn away from traditional financial empires is growing. If this trend continues, it could mean an absolute collapse of the banking system, as it continues to adhere to outdated algorithms. Until now, there is some way, until even the most seasoned investors are completely free of traditional banking and monetary institutions, but today they can already control their future in terms of investments. Since it is easier for them to manage their own savings plan by investing and reinvesting new technologies. Although they continue to deduct a certain percentage of the usual pension fund, and their accounts still have to be paid through a bank account, but investments in crypto-currencies have become for them a central part of savings.

Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?

Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.

Hey everyone,

I was wondering how most people here receive their bitcoins? I personally handle in virtual items in video games. (CS:GO, DOTA 2, PUBG) I sell these items on a marketplace and receive BTC for them I also join a online casino now and then to try and make some easy BTC!

Do you guys just invest in bitcoins and not touch them? I personally use mine on a daily base for purchases / trading etc..

Let me know i'm interested! 

Tom / Yaking

Bill Gates: I’d Short ‘Crazier, Speculative’ Bitcoin If I Could

Microsoft founder Bill Gates issued critical comments about Bitcoin May 7, telling CNBC it was a “greater fool” investment and he “would short it if he could.”

In comments during the network’s Squawk Box segment, Gates, who in February claimed cryptocurrencies had “caused deaths in a fairly direct way,” nonetheless did not discount the idea of engaging with it himself.

“As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment,” he said.

read more, https://cointelegraph.com/news/bill-gates-id-short-crazier-speculative-bitcoin-if-i-could

  I believe that a huge portion of the the crypto community are still young college students that don't have any necessities that need another source of income aside from their scholarships / the money they are getting from their parents .
And apart from spending their cryptos on either betting or purchasing goods/video games from online markets , many of these students didn't make plans for what they'll do with their coins in the future.
  I myself have had many thoughts about hodling and launching a business as soon as i graduate with the coins in my possession , yet i'm not exactly sure what i'll be doing ..
So i'm really curious about :
- On what do you spend your coins apart than partying/gambling/paying for tuition loans ?
- Do you have any future plans for your coins if you are hodling any ?

Anyone knew about that

Is it true news

Why, until now, government all over the world still doesn't trust bitcoin?

While prohibiting cryptocurrency ads or digital currency circulating on the platform, does not mean Facebook is really anti with bitcoin and the like.

Facebook reportedly preparing to make its own virtual currency, although not yet known when the official was announced.
https://tekno.kompas.com/read/2018/05/14/11440097/facebook-bakal-buat-mata-uang-digital-sendiri

Warren Buffett and Bill Gates, both billionaires' view of cryptocurrencies has an impact on retail investors. This might be the main reason behind it.

However, some market analysts have noticed that bitcoin price is correlated to the stock market. Analysts are starting to use Dow Jones as a predictor of how bitcoin price will move.

What's dragging the bitcoin price down?

How do you think?

I have been reading the posts on this forum and so many people are saying they lost a lot of money and bitcoin is no good. Many people are saying that bitcoin and other cryptos have been a bad investment.

But if we look at the facts and the performance and compare to other investments that some people make we can see that this is not the case.

People are making the mistake of focussing on price changes on a day to day basis but investment is not about day to day price movements. It is about patience and reward.

If we look at the changes in one year we can see that bitcoin has performed many times better than all other investments. For one year bitcoin has gone up a massive amount. It was $900 this time last year! Now it is $7000. That has given bitcoin investors an incredible 700% return in just one year. The stockmarket average return for the same one year has given only 2% return. Fiat money has fallen. The dollar has gone down by 15%. Savings accounts have given a return of about 1%.

When you look at the returns and losses of all these investments, the best was stockmarkets that gave average 2%. So bitcoin has given 700% yet people are complaining that it has been a bad investment, even though it is 350 times better than the next best investment. What other investment has given you 700% profit in one year?

Remember, don't be fooled by day to day price changes. Look at the one year and the longer term facts. When you look at these you can see that if you invested in bitcoin you have made many more profits than everything else put together hundreds of times over.

China's three major virtual currencies trading platform Bitcoin China, Coin Network, OKCoin currency have announced that they will cease trading business, the Chinese regulatory authorities so resolute and beyond imagination. I would like to know why China prohibits bitcoin. What is the reason, who can tell me?
This is the news link I saw before：http://www.myzaker.com/article/59bf055a9490cb703500002b/