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21  Bitcoin / Bitcoin Discussion / Re: How foolish are people who invest in Bitcoin? on: August 27, 2018, 12:28:37 PM
People who are investing in Bitcoin are not foolish actually they are smart enough to sense the huge success of Bitcoin in future. People who are selling bitcoins now may be resisting themselves from the future richness connected to this cryptocurrency. So people investing in, are going good.
22  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin will become the first world currency for buy and sell ? on: August 26, 2018, 12:13:35 AM
Well! Bitcoin will be a big currency someday in future. As its successfully used for buying and selling goods and despite of its ups and downs still its popular within the investors and traders. Success is a game of luck and time so u never know what will gonna happen in future but by watching the popularity and investment going on in BTC, it will surely do something great in future.
23  Bitcoin / Bitcoin Discussion / Re: How much electricity does bitcoin need? on: August 25, 2018, 05:04:58 AM
Bitcoin is a network that consumes a lot of energy over every single transaction. Keeping in mind its complexity and structure and mining process for blocks it could be harder to guess how much exact amount of electricity it might be using but for sure its using a greater share.
24  Other / Archival / Re: Bitcoin and global warming on: August 24, 2018, 12:47:37 PM
I think all the developments and technologies around the world are somehow affecting the mother nature in their own terms. Similarly, Bitcoin mining is. There is need to think out of box how the efficient technology can be used without degrading the mother nature. By adapting and adopting the safe energy consumption methods and reducing the carbon contents we can go long way with anything and can make bitcoin=/= global warming.
                                                                                                                             
25  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is better than banknotes on: August 23, 2018, 11:24:27 AM
Well! Bitcoin is a cryptocurrency which is far advantageous over the banknotes. The very first benefit of its being a universal currency which is acceptable as it is whereas banknotes are not. Secondly, it can be transfered anywhere in just one click whereas banknotes need a system which is connected to government and individuals face so many hassals. Thirdly, bitcoin can be easily and effectively managed at one’s own terms and conditions coz its urs and u are the boss whereas with banknotes u never know when the currency will get change and that can even happen over a night and at last u end up with bank notes which are no more than a piece of paper. Recently the note bandi happened in India is a great example. So bank notes are like keeping stress and worries along nowadays. However, cryptocurrencies proved to be a peace of mind.
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