bitcoin is a cryptocurrency currency.They have bright future in the digital currencies. Most of the people's are like to invest bitcoin.Because this will create a many changes in the world. Banks and shoppings are easy to access through bitcoin. But this is only a short term investment. Traders are invest and sell it easily.
yeah "bitcoin is a cryptocurrency currency", this statement slightly increases the Bitcoin’s position compared to other cryptocurrencies lol. hmm I think the ease of access to bank or digital wallet has been provided by many banks and also it’s easier to shop using fiat money, whether it is online or offline because Bitcoin requires a long time of transaction just for a small fee. because this is one of the benefit in this industry, so many people do this but it also maintains the price of Bitcoin. |
|
|
|
|
unlike the money used as a tool of exchange, Bitcoin is an asset and can be a currency exchange, like gold and silver long time ago. exchange rate is not its main function, but a commodity that covers many things.
Bitcoin will never be an official 'money' used worldwide and don’t expect it to happen because it has some limitations that can’t be eliminated.
|
|
|
|
|
So many arguments saying that the rise of the bitcoin’s value for now can rise up to $ 7,000- $ 10,000 and those arguments don’t have a strong proof to prove the arguments
I think it's better we just have to follow the flow of time, to see the proof that the rising and falling of bitcoin’s value is influenced by market ratio, demand and supply.
|
|
|
|
The only honest answer is: for as long as two people or more believe Bitcoin has use and value.
The schedule for block rewards is set to extend out to the year 2130 so bitcoin mining (in its true sense) can continue for that long as long as there are transactions to produce work for.
Maybe an equally good question is: what could end bitcoin? If we think about it from that perspective we can identify what threats exist to seriously harm bitcoin.
One such risk is Governments. They can ban the use of bitcoin among retailers which would seriously diminish the opportunity for adoption growth.
What else?
bad development, it’s like developing for a side or a group which benefits them and give losses to others which will make Bitcoin user become more less. no one knows precisely when it will happen but it certainly won’t happen easily because as long as there are people still using Bitcoin even if it's just 2 or 3 people then Bitcoin still has value. That’s why we don’t have to worry about it as long as we still use it and the others do the same thing. |
|
|
|
|
I am amazed that the expert able to predict this, he able to predict the value of Bitcoin which will reach $ 6000 when the Bitcoin’s value is still at $ 5800, he has the talent of seeing the future like a clairvoyant in a fairy tale. he is like predicting the coming of the rain when the sky goes dark and also the lightning charges along the strong wind. I cannot wait for the new prediction from that expert.
|
|
|
|
|
Actually it’s the basic rules that bitcoin’s price is influenced by market ratio, demand and supply, and china can affect it because many trades in there can make bitcoin’s price increased. then finally the government could no longer manage the bitcoin trading and closed all of the trading in china en masse which made bitcoin’s price dropped to $ 3000.
|
|
|
|
|
IMO to earn profit quickly is by trading because trading can help you get income quickly and a lot of profit. Many have tried to trading, buying when the price dropped then sell it back when the price soar to the top, and that’s what I know how to play in the world of trading
|
|
|
|
|
would be great if the adoption become more than now, like adopting to online shopping sites. this will attract more new users to this Bitcoin industry indirectly or directly. this will keep the price and the circulation of Bitcoin healthier, while the giveaway only benefits some people and doesn’t mean to gain new users.
|
|
|
|
|
actually it’s not just bitcoin can be used as a tool for crime, the government’s fiat money is also used ass tool for crime, so either we want or not we have to accept the bad news about bitcoin because there are many people who still misuse the bitcoin. I've also read a thread with a title bitcoin is used to buy drugs and I hope governments in the world who have accepted bitcoin can prevent crime by using bitcoin.
|
|
|
|
after malaysia and then now russia, this happen because they are aware of the power of bitcoin the power of untraceable. thats the true power of bitcoin Bitcoin remains trackable, that article doesn’t say it can’t be tracked, we are discussing about the Russian government planning to ban on Exchanges due to the Bitcoin’s very volatile nature, their reason is to protect their citizens who use Bitcoin. if you talk about other articles it’ll be another matter especially if you haven’t read the news. |
|
|
|
|
Yes it can, some countries like Japan and Australia have implemented the regulation, south korea and then china will apply it too later.
the government is really worried if they just let it, it can disrupt the country's economic system because it has been proven in China that cannot control the ICO in there and the Chinese yuan is threatened.
|
|
|
|
|
maybe you should fix your sentence to be easier to understand by the reader, maybe you read the wrong news. china doesn’t ban bitcoin, but only forbids ICO and the reason is because they want to maintain the stability of economy. if not, the yuan in china will get negative impact from bitcoin because of its strong influence, and the china government will be very overwhelmed to resolve it.
|
|
|
|
|
maybe you are a little panicked after hearing the news that china and Russia have banned bitcoin, but you don’t have to worry. there are some countries have accepted bitcoin and india have apllied the blockhain system
it’s impossible if bitcoin banned in all countries, bitcoin isn’t a world rebel so no way bitcoin will be banned by all of countries in this world
|
|
|
|
|
this case is almost impossible to happen when someone gives his investment assets to others, but if that happens then I will save it to make short-term investment assets and turn them into other forms of investment, after that I will repay the favor by giving some from what I earn during investing.
|
|
|
|
|
this will happen in a very long time but maybe it’s not Bitcoin will be the currency because the government will make its competitor and control it for sure. there will be times where both of them will co-exist and become an unbreakable entity and paper money will gradually disappear by itself or deliberately removed by the government.
if we talk about hacker then we don’t have to look so far at future, now even they are often commit crimes, so there won’t be much differences.
|
|
|
|
|
for now, applying 1 currency for the world use would be very impractical. theoretically a mixed approach is certainly more desirable. in some areas, like Europe which adopting one currency gradually can produce substantial profits, but even so many European countries refuse to join using Euro. and for other regions, trying to enforce the one currency will likely occur more losses and dangerous to their economy.
|
|
|
|
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.
maybe some time later we can see some banks are going to Close since we see bitcoin more popular and used by another people in the whole the world. i heard that demands of bitcoin always increase from time to time so it means more people interested in bitcoin. maybe if the bank closed means the paper money will be extinct? bank closed means there will be no more paper money production. I think it will be difficult even though many people already interested in bitcoin, nonetheless paper money will remain as a currency, because the financial system of paper money has been running smoothly longer than before the appearance of bitcoin . I think paper money will still exist even though bitcoin is already popular in this world |
|
|
|
|
someone who deceive, steals and rob maybe have a reason and the reason of those who have dark thoughts and despair because nobody wants to trust and give jobs to them so they do bad things,
many of the scammers, robbers and thieves were good people they do those because they are in a state of great urge because his dearest person is sick and need so much money to pay for medical expenses and impossible to get in a short time.
many rich people in this world don’t trust and don’t care about the poor who need a very large loan
|
|
|
|
|
is this a science forum or gold making forum? it seems like the thread’s title entered the wrong forum
making gold isn’t as easy as it is thought, to make gold we must have a huge capital to buy tools for mining and we must be smart and precisely choose a place to mine gold
|
|
|
|
|
maybe because they want to learn and apply bitcoin on their financial and economic systems later, they want to see the stability of blockchain and cryptocoin before they implement them in the system later. they have the power of Bitcoin and they will master it better if they learn it well and also make a competitor to compete with Bitcoin's power.
|
|
|
|
|
Show Posts
