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21  Bitcoin / Bitcoin Discussion / Re: Is the future going to belong to Bitcoin or Crypto-hybrid fiat currencies? on: October 27, 2017, 12:00:30 PM
With the slow and steady traction of governments transitioning into cryptocurrencies with their own version of it, will bitcoin lose momentum and slowly and silent lose its value over time?

Nope. Not in a hundred years. Bitcoins are still landslidding the competition with how much it can bring to the market. If each country makes their own bitcoins, it'll be fiat money all over again. They'll start regulating theirs and others and then start massive cryptoexchanges around the world, defeating the purpose of bitcoins.


However, as the masses begin to enter the crypto-universe, one must note, that they do not share the nature or the passion of the original crypto-enthusiasts in bitcoin. They are simply viewing the path to least resistance. And the greater the inflow of people, the more current bitcoin holders, may need to conform to the changing tides.
22  Bitcoin / Legal / Re: do bitcoin gambling sites need gambling licenses? on: October 27, 2017, 04:24:40 AM
I believe yes. The gambling cartel, which is one of the most powerful in the world will not want anyone entering the game without a high barrier to entry.
23  Bitcoin / Press / Re: [25-10-2017]More Rumors Amazon Could Accept Bitcoin on: October 27, 2017, 04:01:34 AM
Amazon accepting bitcoin would be disruptive further driving price of bitcoin up perhaps to even greater than 24K.
24  Bitcoin / Legal / Re: Why hasn't any government stopped Bitcoin? on: October 27, 2017, 03:47:36 AM
I dont think the government fully comprehends what it is dealing with. In order to stop something one has to fully understand all moving parts of it. The problem is that the demand for it is growing faster than the government's comprehension.......
25  Bitcoin / Bitcoin Discussion / Re: The reason why I hate BITCOIN on: October 27, 2017, 03:41:15 AM
I hate the fact that bitcoin is so expensive. The barriers to entry are high causing an obstacle.
26  Alternate cryptocurrencies / Altcoin Discussion / Is Reg A SEC approval the best alternative? on: October 27, 2017, 03:35:00 AM
Is Reg A SEC approval the best alternative to launch an SEC compliant ICO?
27  Economy / Economics / Re: What is the best way to make money with bitcoin in 2017? on: October 27, 2017, 03:20:50 AM
Hold onto it. Its a sellers market. And with the number of ICO's being launched, widespread awareness has just started. Which means there are about to be at least 5 to 10 times more buying volume in the coming months causing price to go further up.
28  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: October 27, 2017, 03:13:01 AM
Given the limited finite supply of bitcoin, and the growing unlimited demand for fast, reliable, anonymous, and transaction free payment transfer systems, bitcoin will continue to rise in value at least for the foreseeable future, making it the Berkshire Hathaway of cryptocurrencies. At least for now it is the strongest currency in the world. Time will tell if Ethereum or other platforms or Crypto-hybrid fiat currencies will derail the future of bitcoin.
29  Alternate cryptocurrencies / Altcoin Discussion / Lack of jurisdiction within a smart contract makes it unenforceable? on: October 27, 2017, 02:50:39 AM
Lack of jurisdiction within a smart contract would make it unenforceable. Additionally, trying to prove identity of the defendant to appropriately serve them would also be very challenging, given the burden of proof lies on the plaintiff in any litigation. How does you protect yourself from these issues?
30  Bitcoin / Bitcoin Discussion / Re: Is the future going to belong to Bitcoin or Crypto-hybrid fiat currencies? on: October 27, 2017, 02:13:23 AM
While I understand why Bitcoin may always remain in demand given that it is the original cryptocurrency, however, given that crypto/fiat hybrid currencies are representative of governments, would have the ability to impose upon masses and entire nations rules and regulations that must be abided. Consequently, widespread acceptance could be forced onto the masses diluting the Bitcoin over time.
31  Bitcoin / Bitcoin Discussion / Is the future going to belong to Bitcoin or Crypto-hybrid fiat currencies? on: October 27, 2017, 01:51:09 AM
With the slow and steady traction of governments transitioning into cryptocurrencies with their own version of it, will bitcoin lose momentum and slowly and silent lose its value over time?
32  Other / Beginners & Help / Re: Identify a fraudulent project? on: October 27, 2017, 01:12:39 AM
One potential litmus test to determine viability of a project is as follows:

It is often said cash is king. However, in truth cash flow is king. This is why real estate occupied by long term tenants sells at a much higher valuation than a property with no tenant. Therefore, in determining viability of a project, investors should seek the project's ability to generate reliable cash flow with reasonable predictability, foresight and transparency. If the path to generate cash flow is clear and sound then the project will most likely succeed. Otherwise, its a cash grab.........
33  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: October 27, 2017, 12:28:08 AM
If you cant beat them, join them. By 2020, most governments would have launched their own version of cryptocurrencies. Russia, Abu Dhabi, Dubai, India, Estonia and soon enough the western world too. Once you have crypto versions of fiat currencies floating around, consumer will have a lot more choice to choose from. This will dilute the demand for bitcoin that is currently being chased by just about everyone.

Instead the future will belong to the platform that will underwrite most of these cryptocurrencies.
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