For me possibly to yes. History is littered with currencies that failed and are no longer used, such as the German Mark during the Weimar Republic and, more recently, the Zimbabwean dollar. Although previous currency failures were typically due to hyperinflation of a kind that Bitcoin makes impossible, there is always potential for technical failures, competing currencies, political issues and so on. As a basic rule of thumb, no currency should be considered absolutely safe from failures or hard times. Bitcoin has proven reliable for years since its inception and there is a lot of potential for Bitcoin to continue to grow. However, no one is in a position to predict what the future will be for Bitcoin.
Bitcoin wont go worthless, that is on my personal view, because it is already in the landmark of stock market. It may change from time to time, may evolve and differ but its value wont become worthless. Also, Bitcoin will be improved for the next coming years so it wont become worthless.
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Rest goes to zero as well?
Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.
If bitcoin becomes zero, then all other coins will die as well. As you said, Bitcoin is the main measurent in everything, so if Bitcoin falls, everything follows. Its gonna be worthless. But that wont happen for the next coming 10 years. It will continue to evolve and exist.
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And the wait is officially over! The worst news in this year is Bitcoin is Totally illegal in Bangladesh. If someone trade bitcoin then he will be punish by police in Jail! What should we do now, Guys? Government in your country doesn't want your people to get rich or to have a good income. The government wants to see the people poor. If I were you, I will continue doing Bitcoin and keep holding it. Then I will travel in one country where bitcoin is accepted and stay there, use my gain profit and trade them so that I have daily expenses in my new country.
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Do you think they are talking about bitcoin in your basic ECON class?
New books in economics will surely include bitcoin and the crypto currency in the digital world. Its a new trend and its continue to make sound in the digital world so Bitcoin is talked in the economics class now. I have a friend in college who is majored in economics told me that Bitcoin discussion is a hot topic in their class.
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Does anyone on here think that there is ever going to be Bitcoin Bank, be it something which is centralized or something which isn't really doesn't matter. But I'd think of this as a company, or a union (like one of those credit union banks) where loans would be given out to people with trust, money is held, and so on and so forth.
I know many think that they can escape banks, but they are insanely helpful and trustworthy for many everyday people who we'd want to join into the BTC community.
There are already existing banks for Bitcoin, it is our wallet. It serves as our bank because you can store or deposit your bitcoin in it, you can withdraww it anytime and you can invest it for gains or profits. The thing is, if physical bank for bitcoin, it is impossible because Bitcoin is for digital world, so maybe, Digital Banks for Bitcoin may exist very soon.
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What do you think a about it? is it good or bad for bitcoin?
Making a large community of bitcoin is a positive thing. The more people into bitcoin means the more demand for it. Then, the good impact is Bitcoin's price will keep on increasing. Likwise, Bitcoin can help many people in their financial aspects by investing in it.
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Fair can have two meanings, one being justice and the other equal. An equal society is exactly what is sounds like when everyone is equal in everything from rights to money to clothes. A just society is one where everyone gets what they deserve. If you work hard you get money. If you have good habits you will be healthy.
To me an equal society kinds of sounds like socialism but I think that I would prefer to live in a society where everyone is equal. I think however that we live in a more just society than a fair one. So many people are not equal but just as many do not get what they deserve.
What do you think? Do we live in a fair society? Is it more just, equal or something else entirely?
Thanks for the thoughts!
There is no such as fair society in this real world. In my own opinion, fair society is when everyone is equal. Eaqually respected, equally treated with love, eaqually given all the opportunities in life. But we cannot see this things around us.
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What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself. What lead you into bitcoin world and what's keeping you here?
Bitcoin for me is an opportunity. Opportunity to earn a good profit for my daily needs and future. Opportunity to improve my skills in trading and investing. Opportunity to to get rich and help others. My dream of ha img a good business led me to Bitcoin and still keeping me here,.
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I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
Crytocurrency is a valuable asset if you use it in investing and turning it into profit or income. Everybody is holding it because they want to gain a good profit. On the other side, it is a currency because we use it in selling and buying.
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what are the benefits you get in bitcoin? And how those it affect your daily living?
Bitcoin gives a lot of opportunities. These are: 1. Continually improves my communication skills through answering questions here while joining signature campaigns for Bitcoin. 2. Gives me the knowledge in invetsing and trading in Bitcoin. 3. Financial help for my daily needs thru my profits.
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No, it wont end world poverty. Only those people who is knowledgeable and have the skills in trading (commonly those educated people) will be benifitted from Bitcoin. Those under the poverty usually has no internet, no smartphones laptop or computer, so how they can access Bitcoin. It would be impossible to end the world poverty unless we donate all our profit to them.
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Will Altcoins survive as bitcoin is going higher and higher and the demand is getting increasing every day, what will happens to altcoins
Definitely, it will survive. As the Bitcoin survives, altcoin continue to exist. People cant afford to buy Bitcoin because it is expensive, so the alternative is to buy and invest in Bitcoin then later trade it to Bitcoin.
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Dear audience I have 0.05 BTC should I hold it for future value ? In recent time the market is very dumping so that feeling little scared. The amount is not very necessary I can hold it if the market will raise
I'm suggesting that you must hold your Bitcoin till the price goes up. I watched a video on facebook about the things that will happen in 2018 and it says there that Bitcoin will be 60,000$ as predicted by economist. So just be patient and keep it till you see the big profit.
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Disclaimer: The text below is a personal opinion of the author. If you have a different opinion, please share it
ICO causes more and more distrust - thanks to the scammers. At this point, companies that produce and sell tokens are more focused on the product. The product is being developed and improved. And all before the token sale.
The fact is: those companies that enter the token market with a readymade product are more trustworthy. Now, few people are interested in a company that launches ICO just to make a name and earn a lot of money.
ICO is a serious campaign. It requires great resources and professionalism.
There are many companies on this path. Recently, Pavel Durov announced the creation of a light wallet and the release of the Gram token on the Telegram platform. Here is another example - KickCity, a company that has existed for two years. KickCity is engaged in the development of the event industry and issues a KCY token for further expansion of the company.
I dont think so, it wont end. I believe that as long as altcoins exists, ICOs will continue to exist and evolve. Also, because of ICOs, many altcoins continue to exist and i think thye make the market of crypto currency alive.
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Just wondering if ETH can
Studying the situation right now and predicting the situation of Bitcoin and ETH, it is possible that ETH can surpass Bitcoin. Eth commonly used as the main platform in paying tokens in almost all transactions. Also, ETh continually improve itself and its system to make its services faster. There is a great chance that ETH will be on top.
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Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring. Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest? Is there a chance that bitcoin will be down?
Bitcoin existence is the right time and in good timing. I think, it wont end as long as there is internet and digital or online transactions. Bitcoin will continue to evolve and improve but wont be replace. As long as there are people like us who continually use and believe in bitcoin, it will exist. IT's not too late for you to inves, if you have money now, go and buy Bitcoin. Its price may increase over time. Bitcoin's price is unstable right now, it goes up and goes down. So if it goes down, go and buy or invets in it.
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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. If that happens, there will be a great problem around the world. These what will happen: 1. printing of paper money or creation or source of that currency, who will be responsible? 2. Control of the currency. No one can control the currency, the printing, and distribution. 3. Fake currencies will be aeound the world. No control number etc.
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