After there is a BCC can the bitcoin survive or bitcoin will be much more up the price after this
What do you think about this?
From today morning, the price dropped to 2900$ per coin and within one hour the price recovered back to like 3300$, if this doesn't answer your question and if you still cannot believe in bitcoin surviving ,then I don't know what will. Let me tell you this, bitcoin will not only just survive, it will break yet another record and you can believe that! |
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It's a currency and all currencies have monetary value which differs for every currency due to various factors, so what if bitcoin is an digital currency, it does exist and has monetary value, so it has to be considered as money . A lot of people don't consider bitcoin to be currency,like it or not it is a currency and you can't stop that!
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I want us to discuss on this topic. Do you see bitcoin kicking other paper money out in the nearest feature?
I will love to hear your views guys.
In the nearest future no,and here is why. Banks are afraid of bitcoin and they are finding ways for people not to go for bitcoin as people will stop depositing money in banks as the interest rates are low and bitcoin on the other hand has its price increased more than 300% this year,so people will think its an easy profit for any one ,so what one of the banks did was spread this utter nonsense saying that "Bitcoin is a fraud and will blow up",people got scared and they started selling and the price went down probably because of this,if this continues to go on ,then it will be very difficult for bitcoin to overthrow fiat not only in the near future but forever. |
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OMG, Bitcoin falling again, current price = 3866USD.
What happen? we losing money every hours. Need exchange BTC to fiat?
Who can explain this situation?
This JP Morgan Chase CEO,Jaime Dimon is the one of the reasons why I came across. It was reported that sick lying piece of crap told bitcoin will be a fraud and will blow up soon enough and all those who invested in it will suffer.And why not will he tell ,his bank is the largest in America and with the price of bitcoin being above 4000$,he couldnt take it and told some nonsense which he knew that people will believe in him. |
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I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?
another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..
what's your opinion
Note: this is not for poor fellow who just discovered bitcoin or altcoins
I did come across a few people who earn more in bitcoin when they compared it to their normal jobs and they were quite pleased with ,probably they managed their expenses by trading bitcoin and altcoins,not sure about it though. My opinion would be that if you spend more time on anything which will fetch you money,given that you put in the necessary inputs and complete thee work effectively and efficiently you will be able to earn more and vice versa. |
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I am presenting a speculative idea and a conspiracy theory and here it is: China is planning to kill the whole of the cryptocurrency market starting with the biggest of them all Bitcoin and all the rest will follow. In fact, there is a detailed plan being worked out on here and it started with the banning of all ICO projects...next is the ban of all Bitcoin exchanges and soon all citizens of China having Bitcoin will be imprisoned for 20 years (only 5 years if the person will surrender his Bitcoin to the government for possible burning).
Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?
Please tell me what you think...and let's have some fun!
Well let me tell you this little theory of yours Is utter bull shit. China hasn't banned exchanges till now and if they do they will suffer a loss, second if China even plans to imprison people who use bitcoin in their country, then they will need a large amount of prisons built especially for the people who use bitcoin or any other crypto currency. So this will really turn out bad for China if they are foolish enough to do such things like you pointed out. |
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Bitcoin has become a new power in the world of money as we all know that all sides deal with it so it has to survive until it become the powerful source of life . So what it is difference between bitcoin and other cryptocurrencies? and why Bitcoin has become powerful among other currencies and cryptocurrencies ?
Firstly ,let us define bitcoin by defining cryptocurrency briefly then pass to make a contrasts between Bitcoin ,Dogecoin and litecoin .
We hear always that bitcoin is the money of the future .this expectation can be taken seriousely when we see bitcoin nowadays and how much transactions executed per day which is surprising . we can say that bitcoin is a cryptocurrency and cryptocurrency is a money which is not traditional rather it is digital or numerical which works electronically ; the most common cryptocurrencies are Bitcoin , Dogecoin and litecoin and bitcoin has something special in contrast to others and this specialty is represented by the number of transcations made per day and its volume, so bitcoin and litecoin and dogecoin differ in their volumes which will interpret to us that bitcoin has power nowadays.
In fact bitcoin is increasing exponentially in volume and numbers of transactions which will get us to the hell of thinking that bitcoin may take the lead of other cryptocurrencies if we don't say that it will take the lead of traditional currencies.because it has power which can fortify its presence in today world.
Bitcoin doesn't technically have any sort of power I guess, it's just people 's preference that makes it popular, I am not very much sure about it, correct me if I am wrong. You also mentioned bitcoin has to survive until it becomes the powerful source of life,well it doesn't work like that, bitcoin being intangible cannot be the most powerful source in the world. |
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1. Its gaining mainstream credibility as industry players consider it as the new gold Bitcoin has many of the same qualities of gold, whose value is not controlled by governments. 2. Many investors and finance industry experts are serious about the promise of Bitcoin A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class. 3. There is only a limited amount of Bitcoin There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time. Source here. These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above. Well it was mentioned in rhe source that bitcoin being volatile its not good for investment, why do dumb head people be a pessimist and think that bitcoin will let you down? Why not think of bitcoin as an opportunity to get good profit, and volatility is one of the main reasons why bitcoin is around 4000-5000$ today. |
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
Bitcoin and crypto currency will have to face a few problems at least in the up coming years. For example China has said that they will ban exchanges, will this would be a challenge for crypto currency to survive without Chinese exchanges and whether or not it will have a positive or negative impact on the price. |
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I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD. Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison. Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD. Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering? The thing is that US is considered to be a super power of economies and all countries will have to accept USD and terrorist groups are located in different areas, so usd will be easier for them to use as a common currency and not using currencies of the countries they reside in. USD is used as a common platform of currencies,but all currencies including bitcoin is used for illegal things. And compliance department of every bank will find it difficult for finding out who is doing illegal things and who is not doing, even though they have all these Anti-Money laundering (AML) and KYC regulations, Enhanced Customer Due Diligence (ECDD) schemes don't help them out. |
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I am asking this just to see the different opinions of Bitcoin community about its long term potential
I know Bitcoin is actually strong enough and stable as well
But what do you think about it after 100 years ?
That's a tough question to answer for. Bitcoin has been unpredictable till now and will be unpredictable in the future as well. May be bitcoin will have a tough competitor or God forbid countries pass some stupid law on crypto currency, or worse. A 100 years down the lane and most of us won't be Alive but our children will be, it should be there at that time also, and probably should be stable enough, but again you never know what is going to happen. |
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For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.
How about you guys? Is it only for the educated and knowledgeable people only?
There is no such thing that only educated and talented people should only use bitcoin. Bitcoin was created to avoid discrimination among people. But the thing is if only people know how to use bitcoin it will not be a problem, massive part of the world's population don't use bitcoin either because they don't know how to use or they don't have a computer or ego issue or worse. |
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Would you accept bitcoin as your salary in your profession, especially if you work in other country?
For me yes I will accept bitcoin because we can exchange it in our local currency.
You mean salary for a permanent job worker, if that's what you mean then why would you accept in bitcoin because any how you will convert it to fiat, so why not take fiat in the first place. And you cannot buy everything using bitcoin as of now so if I ever had a choice to choose between fiat or bitcoin as my salary payment ,I will go for fiat because you need fiat for daily expenses and not bitcoin. |
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What are the chances of living in a world with no actual money ?  Well a few countries do like the concept of making this world a cashless society like India but the concept of crypto currency is not mentioned over there ,by cashless society they mean using debit cards and credit cards and online banking and stuff like that, but let time pass by and they might be interested in crypto currency. |
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I will say that it will be one of the terrible mistake that you will commit the moment you pay for something using bitcoin, like we all know bitcoin is going to be highly successful in future ,so the price will also increase and then you will get a big profit. But if you spend the other person will get the profit.
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Earning bitcoin without investment will not get you high return ,but if you still want to try you can do blogging or making videos or offering your skills as a service. You may have noticed I didn't mention signature campaign and the reason why is your rank is low and you won't get paid much now ,so upgrade your rank you can earn big amounts.
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Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins your opinion is highly appreciated.  Bitcoin wont die because its market capital is so damn huge and countries will not take a risk like that just because its decentralized,if they shut bitcoin down ,then crypto-currencies and all decentralized will go down and that is not going to happen now for sure. I guess this is what you mean by bitcoin die meaning non-usable ,if you mean something else like bitcoin disappearing out of nowhere then you or I dont have to worry about it. |
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I saw today that the price dropped to almost all the cryptocurrency available on the market. does anyone know something about this topic? what to expect next days ?
China is the main reason why i guess. They banned ICOs first and then some random guy/group spread some bull shit rumor stating that bitcoin and the whole crypto currency will be banned for ever and people started selling because of this fear,I am not sure if its true or not from what I heard I am telling you. |
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bitcoin cannot replace currency in the world because price is not stable.
currency should be more stable.
you may reply me. currency is not stable also but you should think
USD currency price is up and down 1-2% in 1 month.
bitcoin price is up and down 20% in 1 month.
what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?
bitcoin can become stock but cannot become currency
Dude stock is not a currency but bitcoin is. Stock is way too different when compared to bitcoin and people compare bitcoin and stock because they are good investment options. And you cannot assure that bitcoin will replace any currency or not. Not every one thought that bitcoin will ever reach 5000$ before 2017 ends but it did,so wait and watch. |
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Banks wont accept bitcoin as their deposits and why would they? Bitcoin was developed for removing banks and to make a peer-to-peer transaction system. Also bitcoin kind of violates the rule that banks have which is to know where the money comes from so banks will never go for it. Plus,I heard banks are paying media to talk utter bullshit about bitcoin so that people will deposit money in banks and not in bitcoin. Such standards will one day make sure that the entire banking system will go down the drain.
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