what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?
I think the future of this market when it comes to cryptocurrency will take a very long time to run because as we can all see and observe, the run of the cryprocurrencies are really taking over the natural currencies that we have and with this matter, it will be a large possibility that this type of currency within the market will just continue to rise. Government will not be a major part of this because this currency is decentralized yet needed to be recognized to state as legal. They must not play as a hindrance because many people are the beneficiaries of this type of currency. |
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
Just let him say what he wants. He has the privilege to state his own opinion about bitcoin but for you to be able to make effective connectivity with each other, you can gradually state what do you know about bitcoin and share it to him with all your extent in which he will not be offended in a way you are totally opposing his belief. Make sure that both parties are being heard so that you two can share what is the why you like bitcoin and why he did not so that you can come up into adaptation that maybe there will be no regrets to come if you will at least try it |
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After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?
For me, the right time or the perfect time to buy bitcoin is when the price is on dump because it is more affordable to be bought since the price of bitcoin is too expensive, being on dump will be a great opportunity to buy bitcoins for your own benefits so that when the price pump, you can regain what you have spent by keep on holding into it or selling it and buying other one when the price dumps once again. |
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The question is simple; Why should people invest on bitcoin?
State your reasons, and advantages of investing on bitcoins today.
I know there are a lot of newcomers that are coming into the bitcoin community everyday.
I want us discuss it here, so that we may help them understand what is bitcoin and how important its to invest on bitcoin.
Share your ideas, and thoughts below.
It is not totally that it is intended to be should because in the end it is still their own decision that matters. Well, there are lots of reason that you can state for you to be able to decide whether you will engage into it or not. In my part, I tend to start investing into bitcoin because I can see that it is a fast growing currency in a way that it has the potential to grow furthermore which is more beneficial in my part that I bet other people also do have the same reason why they engage into investing with bitcoin. |
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Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
As for now that bitcoin was already approaching into its highest price peak before the year ends, it is now far to possible that bitcoin will lose its value. I can say that bitcoin can no longer lose its value now that many people has already recognize bitcoin's existence because of what bitcoin has already got right now. With this continuous popularity, bitcoin for me can no longer lose its value compared to the previous scenarios. |
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Different between bitcoin and real money in my opinion is we can know how much bitcoin in the world and there are not people who can make manipulation about it and we don't know how much real money who be printed.
Well I agree with that and in my own opinion I think paper money is used for a faster.way of transaction like buying goods, you dont have to convert it, open wifi something like that, and I think bitcoin is for investing having bigger and improving amount of profit. Their difference depends on the situation. |
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The future of bitcoin become more successful in coming years..more people now are becoming interested in this forum ..bitcoin became more fruitfully develop in the country  Well thats true, and look at the Bitcoin's price today, this is very expensive , I should have hold some before for me to get enough profit today, and I think bitcoin will be use by most of the establishments since this is very helpful in your enterprise's growth. |
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Hello, I'm now full Member. I added the avatar and update my signature already.
Be sure to update my rank in your spreadsheet.
Thanks
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unlike other investment. The price of the bitcoin keep rapidly raise and it keep my money increasing too. That's why I choose to invest in bitcoin.
Yes thats true. I choose Bitcoin because this is the first cryptocurrency that I have encounter , due to the fact that my classmates was earning here it amazed me so much that I end up trying my fortune here. |
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why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
Well maybe they didnt see bitcoin as a way of their income ,its either they have the idea what Bitcoin is really all about or they have enough determination to seek information and know whats the truth beyond this. |
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[Edited to make it more understandable question] What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion.  I hope this will happened soon but I think this is impossible. Having one monetary unit will end poverty, in the sense that people or countries per se who labeled as one of the third world country will be equal to those countries who were currently being richer nowadays. |
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Every time I go to the bank I like to ask them if they have heard of BTC, most of the time the answer is no.
I do ask a lot of people about BTC.. a restaurant near me.. near ish use to accept it as well, I asked to pay with it, they said it no longer exists.. .... ...
Most people I find still have zero idea what BTC is unless they are friends with the likes of us.. I don't think we are even in early adoption stage.. we are in "the chasm" .. it would appear we are going to survive though... appear anyways..
I dunno just something I have taken note of.
Pretty much everyone that has heard of it assumes it's worth like 5 cents and shits themselves when I say it's $1k (Cad) .. we are in very interesting times with BTC.
We have the same situation just like here in our country, although manu people have already known bitcoin for a long period of time, still a lot more people do not know about its existence and what bitcoin cryptocurrency is all about. That is why we cannot still implement the wide use of bitcoin cryptocurrency to be directly use as a term of payment because we still have to convert it into our national currency for us to be able to use it and we still rely into banks to offer the exchange rate for our bitcoins to be effectively used. |
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This is something which I've beleived for awhile, which is the prospect that if big governments and banks worked heavily together they'd be able to remove Bitcoin from the face of the earth. They wouldn't ban it, as that would be a tough thing to swallow for the American people as they wouldn't see a good reason to do that ( at least in my mind here) But they could just go ahead and regulate Bitcoin into oblivion, making it hard for Bitcoin businesses (buying and selling, trading, etc) to operate within their countries, or be subject to insane taxes, KYC AML and such.
Do you think Governments could kill Bitcoin?
Even though if they wanted to do that, they cannot probably and possibly do it as fast as they can because there is still a concern that the people must be asked for their opinion regarding the issue of stopping bitcoin usage in their state or country. But if the government will really prove and see that bitcoin has a bad effect for its people because of too much usage that can result to greediness, I think the government can do really stop bitcoin among its vicinity to avoid the spread of its bad effects. |
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Since banks profit from fees and blockchain will kill fees, my guess is banks will be negatively impacted.
Some banks are already stepping into the blockchain world.
But blockchain will not bring back the profits as otherwise.
Any thoughts?
Apologies if this is not the right place to discuss.
Thanks in advance.
Even though banks will be affected with the rise of the cryptocurrencies like bitcoin which is more beneficial than what they are offering, I believe that banks will stay still as what it is because it also do have lots of features and benefits that it offers which is the main reason why many people do still prefer the usage and existence of banks for their physical money. It is not intended that banks will be directly affected for it to be totally shutdown. It is just the numbers of consumers will be lessen but it will not cause for the banks to be abducted in the world. |
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I'll love to see more women embrace Bitcoin. I'm one of the few women that started early
Well I am happily part of it. Women are kore likely to stay at home doing household chores and being deprived doing what we need and want to experience but in this generation women are more likely to be strong, independent and productive we can also be profitable here do whatever a man can do , cause bitcoin is a fair system in which gender doesnt matter. |
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Does anyone have information whether bitcoin would distribute wealth more equally across people than the current wealth distribution?
Or would the distribution be even more unfair?
For me,it depends upon the situation where in ,people who have enough profit can gain more than the average people but good thing here is the average people will be given a chance to increase his/her level in the society and same as with other people who would like to start bitcoin. |
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I spend my money from bitcoin to fulfill my needs. Also i like to spend it specially on food and to fill my hobbies.
Well thats a mere fact why we are really trying our best to work here, we are working for something that we can used to survive that we can used to make us suit to be someone who is capable to be a profitable person with his own hands. I want to use bitcoin in funding my own businees in near future and giving what my parents deserve. |
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The reason for that level of sucess is because it does better what it proposes to do, which is to be a good store of value and censorship resistant. Most other currencies try to do the same, but there is no way for them to achieve this being so centralized.
Yes you stated a good point. For me I found bitcoin really unique in terms of the features and credentials this like to offer. I think the feature makes the people more likely to work here cause they get all what they deserve. |
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If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
1 bitcoin as a gift? Seriously? For sure I would be glad and blessed to know and have such a great opportunity to have 1 bitcoin as a gift. Imagine that I will be receiving 1 bitcoin from a gift was really awesome because the price equivalent to it nowadays is already $10,000 and continuously counting. If I will be receiving such a great amount, I will just keep and save the biggest part of it and spend the small percentage into investments and some important stuffs to have to make my life sustainable to live. I will not turn it all into cash since I better notice that it will be more beneficial saving it and keeping it as a bitcoin. |
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Yesterday the Central Bank of Albania issued a warning about the uncertain and unsafe nature of cryptocurrencies
They called on people not to get involved. Should we be afraid or the banks are!
Somehow banks maybe afraid of the fast rising of the cryptocurrencies because people now tend to use cryptos rather than physical money because of meaning things. Even though banks has already launched and upgraded their banking strategy and easy access online through the use of mobile banking, like what bitcoin has featured, the real battle and competition between the two is who gives more credits and profit or interest that is suitable for the needs and wants of the consumers? That is why banks are somehow afraid of the cryptocurrencies rise in the economy. |
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