Bitcoin mean total freedom, the world financial system has always favoured only the rich and the influential. But with bitcoin an average person or even the poorest of the poor can access some financial level as long as he/she is knowledgeable about the working of bitcoin and that mean total financial freedom to all. If you buy bitcoin worth $5 today give it some time and you will have a reasonable amount of dollars in your wallet.
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I think all of their opinions are politically multivated in the sense that the process that earn them they status is questionable. They lack the credibility to call or refers to bitcoin as a bubble, bitcoin as a digital currency has the capacity to accumulate any amount or market cap as long as bitcoin is able to sustain it market value and price cap. Bitcoin is free to rise to any amount even up to a million dollars at any time and nothing negative will happen as the anti bitcoin are professing.
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I don't see holding your bitcoin as being greedy after all bitcoin is more of an asset than a currency, when the price is rising as a wise and smart investor you are to hold your assets in other to take advantage of the market rise. But it all depends on what your needs and demands is as for me a sell my bitcoin any time I have need for it not really minding the price as at that moment.
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Bitcoin future will be bright as speculators keep on speculating the price of bitcoin will keep on growing high. More investors will invest in bitcoin and government of many countries will adopt bitcoin as their secondary money, so to that bitcoin will sustain it market value and it exchange rate will skyrocketed to as high as $50000 in the next few years to come.
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Well you are not God neither are we God to predict your death but if by God willing we leave beyond 2017-2018 I think bitcoin will worth more the $50000. Analysis from the past to the present steady rise in price of bitcoin, has shown the potential and ability of bitcoin to reach any amount of dollars in a short time to come. Bitcoin has a great future and at that it price will keep on increasing.
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Yes there are a lot of good news about bitcoin in my country, as a 3rd world country who is facing a lot of underdevelopment bitcoin has been embraced with a lot of enthusiasm and even banks in my country now acknowledge the fact that bitcoin is the revolution that has taken place in the financial system. And the government in my country has not view bitcoin as a threat to it economy rather they see bitcoin as a new developmental tool for the youths to be self reliance.
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Well the war against bitcoin has ever been there from the bank and government, but where can the bank hold bitcoin when they don't have control of it not even the government have control over bitcoin. Bitcoin is the highest threat the bank has now and at that their will try to wear it out but I think that is impossible because you can only control what you have power over, Bitcoin will continue to defeat the bank as long as bitcoin can sustain it values and market demands.
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The benefit of bitcoin are so numerous, one bitcoin is a decentralized currency and at that it eliminate third party like the bank and government. Secondly bitcoin is a peer to peers platform and at that the exchange of bitcoin is very flexible. Bitcoin is highly technical and at that is very hard for bitcoin to be hacked. Bitcoin is a money and at that it improves our financial life the advantage of bitcoin are so many the list go on and on but let me just stop here.
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To me personally I like blockchains wallet in the sense that blockchains offers you the opportunity to perform two transactions in one wallet. When you have a blockchains wallet your have bitcoin I'd and at the same time an ethereuem wallet address. So with that you are able to use you bitcoin and ethereuem wallet in one secured site, and again the interest on your bitcoin or ethereuem keep growing as the market cap keep increasing.
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Is there an open slot for a member rank?
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The effects of robots replacing human in doing job are very numerous in as much as it has to do with productivity. 1 robot can work faster and longer then human and at that it increase productivity and efficiency. 2 robots work with objectivity as long as it program to carry out such job And it disadvantage are 1 robots replacing human in doing job can lead to human loosing they daily jobs there by leading to unemployment 2 it can lead to people getting lazy 3 since robot don't have reasoning faculty it will be difficult for robot to contribute to the improvement of the work place or organization.
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As a college student I always spend my money base on the use of the formula, skall of preference. I channel my resources base on my needs. Most at times am able to save 20% of my monthly allowance and that is really helping me to meet my need's and at the same time am able to save little for future use. The proper use of you resources is what makes you a success in life.
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That will be an efforts in futility, government has no control over bitcoin and other cryptocurrencies because of the fact that bitcoin is a decentralized currency and such is very hard for it activities to be monitored by any individual or authorities. The only way that will happen is for the government to embrace bitcoin and drive out some economic policy that could regulates it activities.
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The very first instance I was told about bitcoin was the day I pick interest in it, but did not have adequate knowledge about it workability and it took me two years before I eventually invested in bitcoin and now am reaping heavily from the bitcoin scheme. All thank to my college mate who took her time to teach me what bitcoin is and how to trade cryptocurrencies in general that was back in 2015.
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Bitcoin has the capacity to transforme any country economy and bring lasting development in any country most especially the 3rd world country where the is high rate of underdevelopment. But this can be done when the countries get fully involves in bitcoin by legalizing bitcoin and encourage the use of bitcoin in they society. And also drive a means of proper taxation of bitcoin and utilizing it well.
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Well I don't think this question is still relevant at this point in time but I will just comment on it for emphasis sake, if you thoroughly have 2million dollars as you said the best point of investment should be in bitcoin because you will have the chance to get you money multiply within a short period of time, due to the fact that bitcoin is the most lucrative venture right now
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To say bitcoin is a bubble is a very bad statement due to the fact that the bitcoin technology is in digital form that is to say it exist in codes so it makes it possible for bitcoin to accommodate any amount in it price in the market and will not burst as bubble Doe's, even if bitcoin rise to as high as one million dollars it will not burst because it has the capacity to do so. Bitcoin is a defoliating currency which price is determined by it market demands.
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Which one should I responds to first, OK about the bitcoin network that sent you a mail to invest in bitcoin or register on they site for free bitcoin and bitcoin trading, well my advice to any one out there is that you should be careful and always carry research about the site but there are some good ICOs which are advertised on this platform and you can take advantage of their tokens sales. And again the issue of black Friday and it impact on bitcoin price you can all see that the price of bitcoin is sky rocketing during and after the black Friday sells. Bitcoin is more of an investment then a currency.
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I can't really say that bitcoin need more development or Reformation due to that fact that bitcoin is working perfectly well now, but if you say in the area of unconfirme transactions I can say yes we need new development because there are a lot of transactions that are unconfirmed presently, I think there is need to increase the blockchain size because the bitcoin that can be harsh by the present blockchain is low compared to the number of transactions in bitcoin at the moment and that also will solve the issue of high transactions fees.
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Bitcoin can not only lead to corruption but at the same time bitcoin has the capacity to cripple any economy of a country if not properly managed. Let take fo4 example in a country where there is high rate of corrupt leaders and the currency of such nation does not have value like most countries in Africa, is the leader have knowledge of bitcoin they can take advantage of it and use it as a tool to launder huge amount of money by buying bitcoin and because of the decentralized natour of bitcoin it will be hard for such corrupt leader to be caught.
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