Bitcoin is not dead lol. The price is getting low but bitcoin will not die quickly we can recover it in somehow. Many people thought bitcoin is secretly dying I just wanted to say that its wrong Bitcoin will back soon to higher value.
Yeah, it is obvious that a lot of people from here really need to understand that it has only been a little DIP. This is not a crash, it can not be compared to 2013, and it is not the end of bitcoin. Just relax yourselves, go, get a beer, and came back in a few days. Fallbacks in the commerce of battlefields are not worrying. I would not say that there are fundamental reasons for worrying about the serious dynamics and downturns in last week's trade, as this is usually linked to an over-reactive market reaction to certain news.
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Just imagine. If ALL OF US would be rich, that means we would live our lives out from dividends, or any passive income of at least $1k a month. Then it would be jawesome, right ? Well, but then I do have a question. WHO on this Earth would bake the bread for ALL OF US ? Robots, you might say? OK, nice idea. But then, WHO on Earth would maintenance these robots ? Another robots ? I don't think so. Even if so, even if there would be a Skynet of robots, who would not just bake the bread, but also harvest the grains, transport it, deliver to our doors. What then ? We could eat for free, as much as you want? Cool, but what about overweight then. Doctor? But hey wait, NO ONE on this Earth work, so we have no doctors. OK, we have Doctor Robots. Who would teach our kids? Robots! Who would change the diapres? Robot! Even if humans would master all this, we would need to have all the knowledge to teach our robots to work for us. To be slaves for us. (no minds, just pure robotic hands/arms and so on, Tesla's and autopilots) But even then, there is one huge problem. I do not want to touch any country, or race, or group of people, but imagine, if you put infinite amount of resources to any kind of animal (including humans), they would reproduce themselves to infinite. Because they simply can. Because parents do not need to parent their kids anymore, because we have robots! So we would need a limit of reproducing, no right to reproduce as much as you can handle (infinite resources), because we would simple have like 50-100billion people on this planet, and there would be no robots who could grow so much grains to bake bread. (perhaps hyper dense pills could be the away). So, back to the original question, why do people believe, they all can be rich ? It was, is, and will be, ALWAYS about that who is going to earn more, not enough, but more than the others. Why? If there is only one mansion on the Bahamas, which is large enough, sunny enough, sexy enough, there is no freaking way, ALL OF US could buy it. Just one. 1. One. And if only 10 buyers come with their million, to who would seller sell this mansion to? First ? But second also have million and ALL OF US want to be rich (own that one mansion). So second would have to offer 2 million, right? Wrong. No one would want to sell such mansion in the first place, as he is already rich. We all are.
Yes we want all of us we want to be rich because of became a rich i will help people poor and needed a money for house and foods because if we have a many we should help people. Indeed, there is no way we all are rich, but we may have enough money to be independent. This is primarily a matter of changing thinking. When it comes to wealth, we have to think about values, not money.
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"Satoshi Nakamoto" that was tha named used by unknown person who created bitcoin so no one knows who creates bitcoin. The only information i know about satoshi is he is living in Japan.
He was smart enough to use a pseudonym and force people to focus on the technology itself, not on his personality. However, at present, Bitcoin is much larger than Satoshi Nakamoto.
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it's kinda hard, people will always be a skeptic of their's money. So I rarely suggest anyone to buy bitcoin, furthermore there's more negativity coming from media, make it more harder to people perceived bitcoin.
the Bitcoin system and hers technology represents an extremely big and interesting innovation in technology, economics and finance. Its remarkable functionality and usefulness is its future development, aimed at overcoming the shortcomings of contemporary systemic problems in the economy and societies.Good reason for investing.
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The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) There are many advantages that we can get from having bitcoin. First we can make oney out ouf bitcoining. Just using you gadgets like cellphones or laptops or PCs, we can now earn money. Another is that we can pay bills or we can make transactions easier because of bitcoin. Especially for those who do not want to go on a traffic jam just to pay their bills. It really is very helpful and convenient in many ways we can even start business if we have enough savings from doing bitcoin. Bitcoin is developed for the convenience of the public. It is a digital currency which is use in our everyday transactions, like purchases, paying bills, money transfers and etc. It offers advantages in each available coverage its is into, like, lower fees and hustle free transactions. Bitcoin also is an investment, it promises a good return if handled wisely. So far, it seems that no one is able to stop a bitcoin translation or restrict access to the system. Blocks and diggers are distributed globally in a natural way without central planning. This provides freedom and constant access to the bitcoin system
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This is so really hard to say special cause its difficult to explain specialty in short word Some of them are given below:
It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement Every bitcoin holder can review their account information after sending money or receiving money from their account. After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities. Buying and selling process is so much easier than other currency I think above mention quotation is sufficient for proving that how much special the bitcoin is.
For me bitcoins is much more special because of the fact that they are the poineer in this business and the people they are the first one that the people have been noticed so in exchange the people gave their loyalty to them and a lot of people are now using bitcoins and recommending bitcoins rather than other coins because the reliability of there and the people walways want to assure their money they are afraid to take a lot of riak joining in a different coins that are not known by a lot of people hut today other coins are making their name. In fact, over 1300 digital currencies already exist. And while Bitcoin dominates the market, several other digital currencies can also boast significant growth and achievement.The first cryptocurrency that is used as a payment tool is Bitcoin.Every one knows by name a bitcoin,few are the ones who can list the rest criptocurrency
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Anything which is unexpected always surprise the experts to not believe in that and something which is giving huge returns in months is always Ponzi in view of most of them. So most of them are hating Bitcoin
Bitcoin is the first in human history technology that is stronger than states and centralized authorities. And this is because of the principles under which it is created and managed. People perceive this is fair and common to the whole world.Governments are against the bitcoin because takes them away opportunity - they can not print money and lose control over the monetary system
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Due to the benefits that Bitcoin can provide, a lot of people are enticed to register on Bitcoin and start earning money from it. That is why its no surprise that they have been trending worldwide.
Bitcoin is a protocol that has been created by a small community and since then has grown rapidly. There are many things you can do to help Bitcoin spread and improve over time.Obviously, the easiest thing you can do to support Bitcoin development is to use it. There are many aspects in which it can make your life easier
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gold has always been a good or maybe the best hedge against inflation where bitcoin maybe is not........... it could go either way in the face of inflation.... since I see bitcoin as a currency rather than an investment i would have to choose gold...
I disagree on you. Bitcoin is much better than gold. Why? Because bitcoin always rising its price day by day unlike gold that it will always stay on its original price. Right now we cant see. gold exist, we cant see people using gold to buy anything they wanted but bitcoin really provide people's needs. Bitcoin give people such a good opportunity to gain a lot that even theirself did'nt expected that they will receive that kind of income. All we must have to do to gain much of what we've expected is to wait if the price of bitcoin drop. We must have to be patience on waiting if we will wanted too much. bitcoin can still cost more. They may even at a given moment displace gold as a preferred tool for preserving the value not only from individual investors but also from central banks. And yet ... Maybe we will need some more time to get more clarity on these issues.
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I think in the future this can happen. The government's decision to bring a tax on bitcoin makes btc dependent on governments. Bitcoins will be developed under the legal protection of many countries. And its value will be more stable
Bitcoin is not an official currency. Most jurisdictions still require you to pay taxes on income, sales, salaries, and capital gains on anything that has value, including bitcoin. It is your responsibility to ensure that you adhere to the tax and other statutory or regulatory provisions issued by your government
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Event if the initial intention was to create a currency, at present - due to high fees and long time verification - is much more an asset
All digital currencies are issued in the the block hall. Digital assets can be issued both in a distributed register and in any other environment. In a more detailed look at the definition of a digital asset it is easy to see why they are often confused with cryptocurrency. The digital asset exists in binary format and offers ownership. As a digital asset, everything can operate from video to documents and other types of data. These assets are often stored on electronic devices - computers, mobile devices, media players.
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For our Country its still far from accepting BTC as means of payment in the markt or businesses, they are still relying on fiat money because it is easier to use and you can hold on to it. Using BTC as means of transaction is good, because of security and and reliable transaction also in buy and sell. I think it will blow up someday but it is still far from blowing up, and by the time it blows up another currency will emerge to replace it.
I would say that this is a means of exchange and a payment system at the same time.the payment system has no value, and the units outside the system also have no value. If the system is not working properly, the units become useless. But both things, if they work together, do something meaningfully.
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In my opinion, as the bitcoin is a decentralized currency, and control of the state in fact can not. And China is a rigid centralized state. I think that's the reason for this
The introduction of new digital currencies , has rocked the social and economic order, creating hidden financial risks and, in some cases, fraud. This has warned the Chinese National Internet Financial Association.Chinese regulators are preparing new ICO rules and may ban them entirely until the law enters into force. ICO has become an searched demanding alternative for fundraising by new companies. They run their own cryptoLuts instead of company shares to raise capital. And this, so far, happens without the Chinese regulators supervision.
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Some people depend on social media for trending topics and it would be great if more people educated people on bitcoins through their social media platforms.
The rhythm of social media continues with a relentless force, leaving the framework of personal communication. They have become a powerful marketing tool.Until recently, they were mainly used for personal reasons, and the business it was skeptical of their use. Nowadays, however, they are transformed into "commercial networks" for modern thinking people.
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To be really successful in life you have to be both smart and strategic person. Those who makes money while they are young and spend it at the same time, they would like to regret it for the rest of their lives. When you make money, invest it for your future that is the best thing to do.
One of the most significant features of the strategy is unpredictability. This discourages the opponent and the situation, in most of the cases, is highly unconventional and can not rely on stereotyped or learned behavior. The intelligent almost always defeats thanks to his wit and ingenuity.Both are important
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Campaign rules: "Avatar and the personal message must be worn." I can not find personal message! Do we have to create our own text, or I didn't notice him by accidentally..? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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When something gets into existence with uniqueness it becomes a controversial subject. Same is happening with bitcoin, and importantly being decentralized makes it much into controversy. This will slowly get saturation when people start to believe the technology and adopt bitcoin for a bigger and better development.
cryptocurrency is a challenge for both central banks and financial supervision.Although Bitcoin embodies the dream of a universal currency facilitating monetary transactions,there are big debates around him
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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 ?
i think bitcoin can die anytime , you should be investment in your ability Bitcoin cannot die mate because today everything has become digital and new technologies are taking the command so if we look at bitcoin today we will surely say bitcoin is gona survive forever and bitcoin will never stop growing. For me bitcoin is one of most important currency that is really high in demand and price right now and it will grow till end of this world so bitcoin is gonna be everlasting. There is no force to ban the crypto-industry.Applications of bitcoin explosively increase.Stock exchanges, banks, traders, pension and hedge funds accept the bitcoin.Long life of bitcoin is outlined
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Yes, many people were glad when bitcoin was rising up the price or the value of it especially the investor, bitcoin user, and other who are having connection about bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) At this point, the bitcoin is becoming more and more interesting, and for this reason, it is expected that Bitcoin will continue to rise in the future. Growth is due to the high popularity of cryptocurrency
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Because people think that bitcoin is fraud and that’s not true ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I also dont know what is the best reason why there are many people are against in bitcoin, but i will give some of my opinion, i think they are against in bitcoin because they dont know the good effects that bitcoin will give to us, i think the people know is only the bad effects of bitcoin just like that bitcoin is can be used on scam. Bitcoin has a volatile price. This means that the value of your asset can both decrease and increase in a short amount of time.Bitcoin is considered a risky investment, but the potential of the crypto-wave is huge
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