I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?
Banks are less likely to be involved in Bitcoin and the world of electronic money due to concerns about bubbles and the illegal activities associated with it. They have many reasons not to accept bitcoin |
|
|
|
Before investing into Bitcoin, you must first research about it. Gain a LOT of knowledge about it so that you know how to move you money. For now, my advice for you is not to put all eggs in one nest. In other words, put your hard-earned money into different investments so that if one falls down, you have other investments to support you.
I think we should invest in two or three different things. If the investment spread, the profits will not be high. You can easily control your investments and know how to stop at the right time to get the most profit |
|
|
|
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! They can steal your money, if you are not careful, you will expose the personal information. This is the basis for hackers to steal your money. I do not think it's possible to create a software like you think because of the high bitcoin security. |
|
|
|
Positive is that you can always earn something also if trend is down.
I think positive for bitcoin is more people use. Bitcoins need to be developed more and become common currency in the world. Bitcoin is not only positive in profit as you think. |
|
|
|
|
Bitcoin's behavior is suspiciously familiar. The fact is that we may be in a bubble but do not realize its scary, just like the bubbles of the past 150 years.
|
|
|
|
When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
Volatility is a property of cryptos. It is not stable because it depends on user needs. eg bitcoin, you can not guess its exact value. Today it's down but maybe next day will increase |
|
|
|
I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  Waiting is essential when investing. You must determine whether your investment is long-term or short-term. I think you are investing long term, so keep waiting, do not worry too much when bitcoin drops |
|
|
|
When you think of coding money, you often think of Bitcoin. But now, Bitcoin seems to have become "outdated" and the following altcoin threaten Bitcoin's market dominance in the future. Here I am talking about the Nano(XRB). Nano can handle 7,000 transactions per second and this rate can increase over time and can even compete with Visa. The secret behind this is the block network architecture, which allows transactions to be processed extremely rapidly. This transaction speed allowed the Nano to become a potential co-dominant market for Bitcoin's pre-encoding market.
What do you think about XRB?
This is due to the nano-block network architecture, which allows transactions to be processed extremely rapidly. With this transaction speed, the Nano became a potential coin to dominate Bitcoin's dominance. |
|
|
|
Bitcoin is not dead and it will not die. For me as long as there is cryptocurreny and people like you and me will continue to support bitcoin, then bitcoin will continue to grow and will remain to be the number cryptocurrency. I believe on that.
bitcoin will die if all turn away from it. But I'm sure no one will turn against bitcoin, bitcoin has a lot of advantages, I am very satisfied with bitcoin. Hope it will continue to grow |
|
|
|
No, digital money will never completely displace paper money. The banking system will not allow it to be destroyed, and paper money will always be kept for an emergency.
Why can not Paper money be replaced? I think it will be replaced, but we need a long time. I think in the future we may not need a bank. Currently, the number of virtual currency users is increasing |
|
|
|
The government may limit the development of Bitcoin, but believe that the government cannot stop Bitcoin. The development of Bitcoin itself is not controlled by any organization.
Indeed, the government can only limit the development of bitcoin. Some countries like China banned bitcoins, causing bitcoins not to develop in these countries, but it flourished in other countries such as Japan and Korea. |
|
|
|
I saw many people in the forum asking question about the prediction of the bitcoin price, but for me no one can knows what will happen in the next day or in the future, In that point I would like to ask to someone here, Do bitcoin price can predict by someone? or who can knows that things? and how to predict the price of bitcoin?
Based on my personal knowledge the price of somethings is depends on the number of demand in the market so if there are many user who buy bitcoin in the future so bitcoin price will increase, so how to predict that things?
Thanks for the comments and reactions in advance to those want to reply in this thread to share your knowledge.
All comments on the forum are personal views. These views may be true or false. Want to guess the true price of bitcoin you should consult with economists |
|
|
|
Recently, more and more I have been interested in the question of why Bitcoin was created. Who created it and for what purposes. After all, clearly there are people who control bitokoyn, well, that is - own a very significant amount Bitkoyn. Maybe it's just a new currency to replace the dollar only in electronic form. Until now, nothing is known about the creators of Bitokin. Why we need crypto-currencies, if on the idea you can use the same transfers of money cherz different banks. What happens if bitcoin collapses? Do not judge me strictly, it's just that these thoughts have visited me more and more often lately.
No one produces bitcoin. This money will be used under its own rules and will not be controlled by any intermediary bank. Bitcoin is created by a community of people who are able to participate in this network. This network can handle transactions and create their own payment systems. This is a technological revolution, we need these revolutions |
|
|
|
Many people love bitcoin simply they make money, without knowing the function. Personally, I love believe because of its technology who offers great services, faster transaction compare to banks and lower fees and you will remain annonymous and of course it makes money for me enough to cover up things.
With the top choice of electronic cash flow is Bitcoin and Ethereum, more and more types of electronic money have been created with the desire to replace cash and rely on their "remarkable" features. It is convenient, secure, confidential and can not be controlled by any organization. These are the points where virtual money takes advantage |
|
|
|
bitcoin for me gives a lot of convenience, bitcoin very fast in transactions between countries and with low cost. because of the many advantages that make bitcoin so bitcoin as the best effort in this century
I think bitcoin is not the best. Many followers have advantages over bitcoin like ETH. I think the biggest advantage of bitcoin is the limited amount, only 21 million bitcoin. Bitcoin will not be depreciated |
|
|
|
I think most of us would say that we love to see bitcoin recognized as online payment globally. Imagine things that you can buy from, unlike today that there are few merchants we have been accepting it and no big companies are also into it. So if bitcoin could be a global payment then a lot of bitcoin will used it.
Right now we can only used it to play online dice games and trading and buy from some exchanges and used it as investment. But people would agree that doing micropayments with bitcoin will be really great for all of us.
The number of transactions made with Bitcoin is less and less. while the transaction fee is pushed up. Even if it is pushed up when more transactions are pending, you will incur an additional fee to make the transaction immediately. This shows that the bitcoin transaction is not optimal |
|
|
|
|
Blockchain generates electronic money, but electronic money is not all that blockchain can produce. It is considered one of the greatest inventions in decades
|
|
|
|
|
Any technology will be outdated. The world of technology grows daily. Today's products are progressive but may be outdated the next day. I think it will take a long time for a new technology to replace the blockchain
|
|
|
|
|
Many people mistakenly think that the value of Bitcoin is the amount in fiat currency. The value of bitcoin lies in its usefulness. That's where you want to get Bitcoins. No organization can intervene and control.
|
|
|
|
|
Bitcoins can fall below $ 1000, if everyone massively sells it. Currently people are still trying to keep the bitcoin so I think bitcoin will keep the price. There are a lot of people who buy bitcoin when their prices are high, they are waiting for bitcoin to rise again
|
|
|
|
|
Show Posts
