Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:
Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?
So you're trying to say replacing bitcoins with paper money? Is that so ? It will never ever happen money can't be disappear. First of all you need money to buy bitcoins after that you invest with it. If the money got disappear where you guys bought the bitcoins? If you think there will be only bitcoins then thats almost impossible as there Internet is not accessible everywhere, not in every village and every corner of the world. Second one its a digital currency nobody can control it and it have no fix price. Government never will want such currencies which are out of their control. |
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Bitcoin is everything for me. I am a medical student and paying my due with the help of bitcoins. Bitcoin teach me how to trade with it and invest.
Bitcoin isn't a scheme for me its just a great source of income and great technology. It have low fee with fastest transaction and my family is able to send money to my sister outside the country through bitcoin with no fee at all. There are a lot of benefits which bitcoin has given me.
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Bitcoin is a electronic currency with no / very less transaction fee and its anonymous, no need to give you real name plus your personal information it have no fixed price. Most of people are not aware about bitcoin and not much popular. Internet and a computer must me required in order to access bitcoins.
On the other hand real money is also a currency but its local currencies and we use it to purchase things that we need everyone are aware about it most of people accept it rather than bitcoins. Its been there for ages and everyone accept it.
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Not only bitcoins, every investment has a risk. We have to take risk for success. We just can predict as other investors nobody's know about the future.
Also there's some site also involve with risk. You have idea the site is trusted or not, most of sites are scam.
Risk is there in bitcoin investment, but the profit in return also is charming, so that's why people take risks.
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I think crypto currency makes millionaires people around the world, because now crypto currency is already around the world, almost everyone is interested to plunge in the world of crypto ...
It might possible. But everyone should start holding now. Those who have patience and holding the bitcoin for long term they may achieve their goal. |
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Probably if everyone stop using it the price and value may fall down. This can also stop the process of mining because if everyone stop transferring the bitcoin, how a miner can mine the transaction? But i think this won't happen because now days everyone is involve with bitcoin and everyone take there interest on it and investing with bitcoins. So the OP question of no one spending the bitcoin is just out question.
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Bitcoin it is a good investment, but as you say there are many risk in crypto. It is better to split your money rather than dump it all in bitcoin. I think it will be fine.
Well , its a highly risky if you don't plan it accordingly. We should not place our all funds into bitcoins. Just invest low or any affordably amount. I saw many post here relate to same thing they invest there all money and at the end they lose everything. Investing with bitcoin is good but you have to be smart and wise while doing trading. Its not a easy job for us. Holding is also a good process of investment because the price increase every passing day. |
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Most of people said bitcoin is best coins but they forgot about ETH and Eth tokens. Eth smart tokens are the best coins to invest now.I recommend you to buy the token named ANGEL because it will become another good one Eth Token in future for sure after the ICO.There's some more good coins but the most i like is ANGEL TOKEN .
I am not saying this because i am wearing the signature for it. If you look at the details for this ICO, this is the first Refundable ICO, Yes REFUNDABLE and that's why i am very excited about it. Since there will be no loss of money here if we invest in this ICO, so for OP this is the best token to buy. I will recommend ANGEL ICO (Link at the Signature) , as this one seems to be a hot cake for the ICO lovers.
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Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
me i lost 70% of my earnings because of bad decision in trading.. but im not losing hope still. i know i can get it back.. try and try until you succeed.. you lose when you give up.. so never give up.. success is in front of you  You should stop trading .You're doing totally wrong crypto currencies not work like this. Its not easy to deal with these coins a lot of time and knowledge required to work with it. Bitcoin and other alt-coin never works with your emotion. I think you learn a lot from it a man learn from his mistake you can start again only if you understand trading. NEVER SELL YOUR COINS AT A LOWER PRICE YOU BOUGHT THEM |
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btc november target is comming soon look at btc is boom  Well seems a good news for me. But how you sure about it ? I've not heard such news relate to btc target. Its become more better if you put the link here or news source. Maybe your news might true because the value of bitcoin is increasing and more people investing on it but i am afraid the price may fall down in future because i heard recently china has close some exchanges. You never know what will happen in the future. |
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I don't really want to sell my all bitcoins.The reason is its growing every rapidly and the market value is also increase. More we hold it more we get the profit.I believe the price will reach up to 10k$ next year or maybe in December end. Mostly i sell it in case of emergency but i like to hold it i don't think its a perfect time to sell . Rather there is no perfect time to sell as the price always high than the previous day. I am keep on holding until i see a very very high price maybe 20K Plus.
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How I became poor through Bitcoin and Altacoin
I joined Bitcoin trading June/July and that's the worst mistake of my life, thinking i could trade..
I got 10btc through graduate loan to pay back in January only for me to venture into Ethereum and Bitcoin trading.
Then segwit took place, it's was like a news to me, I saw all my coins crashed.. all i wanted was to make some income and help my dad but I got into money debt.. right now I left with fears of January..
Thou free airdrops has been my only hope for now..
Can someone advice me on how to start again.
You did a big mistake. How you can invest your all bitcoins ?. Never invest your all money. Do you know you can start with less amount like 50$ to just start after getting some info and experience you would invest more. Anyways you could hold them do you know price is higher than before. If you're going to start again then i suggest you manage at least 1btc and invest it but this time you have to be smart . |
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Yahoo was the first (?) search engine at the time when Internet started. It was the pioneer in its field. In the late 90's its market cap reached to a high closed to $120B. Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.
After 22 years, Verizon bought it for $4.8B. Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?
What do you think? Please provide your reason(s) to support your view.
First you're totally wrong. Yahoo wasn't the first search engine at the time when Internet started. |
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Yeah, it's really bad at here, corruption is fucking many , leaders are trying to earn as much money with their power instead of doing good things for people.
Maybe every country facing the same situation my country is also involve with it. I think the reason behind it is education. Every years educated peoples become unemployment because its hard for them to find a good job in order to support there family. My country aslo facing the same situation and our government isn't taking action against it. |
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do you have a pre - ICO sale?
No, there was no pre-ICO.The Angel Tokens that are being minted and sold during this ICO are the first and only Angel Tokens that ever will be created, now or in the future. We are financing this ICO entirely from our own funds. Funds that we have generated through profitable trades and investments over the last couple of years.Bonuses are going to kill the project.. Do you have some track record ?
I addressed the question of our track record earlier in this thread. In regards to your comments on the bonuses we obviously believe you are wrong. As I explained a few posts above in this thread it is simply a way to reward the early investors in the ICO. Going through this project i will like to congratulate the team for bring such a nice scheme of ICO Bouns which i have never seen before. Few of my friends are always looking for New good ICO where they can invest their money. I have already forwarded info of Angel coin to them and we are looking forward for this project. |
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It will not help children save money because children do not care about money i think it will help teenagers save money because it can make them earn a lot and they can make a lot out of it.
Bitcoin can help children to learn how to save. Kids don't have much opportunity to spend there bitcoin. When they see there's nothing to spend they'll surly save there bitcoins .But first we have to introduce the power of bitcoin to our children which is hard part for us. Bitcoin is for teenagers and for adults. How a kid can learn about it . We need to develop interest for the kids so that they can really indulge in bitcoins. A good option will be to start making games which give bitcoins in case of winning rewards. |
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Accepting bitcoin as mode of payment in facebook is just a humor but maybe in future it will.theres no impossible about bitcoin and facebook having business together coz as we all knew they are both virtual business.and no one knows if as of this moment they are having deals in not proper forum
I haven't still heard from any antithetic news that Facebook is using bitcoin or will be using bitcoin in near future. When bitcoin will become more popular and usable in multinational companies, only then we can except facebook to make such a move. Right now i dont see nay reason why would facebook be willing to accept bitcoins ? |
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Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
It's not actually unfair. In fact, bitcoin is a fair network, imo. No one really expected that bitcoin will be reaching its $7,000-mark this year, not even Satoshi Nakamoto.Those who haven't invested in bitcoin when its price was still $1.00 way back in 2011 might feel disappointed, but for those who invested, this is the fruit of their investment. I think, it's the people's trust which make a difference in bitcoin's fate, and it is safe to say that those people were the ones who actually benefited from bitcoin's success. Also you can see this early adoption in another sense. If a person shows trust in bitcoin and invest in it in early days, how it will be unfair with the other person who thought in that early days that bitcoin will be a failure ? It is absolutely not unfair for early adopters of bitcoin to get more benefit and those who invest late absolutely cant get bitcoins at such low price now. |
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Ofcourse, and it is the only thing that bitcoin matters, its price. Just think about it. You bought bitcoins in such a higer price. Then months past. Bitcoins price became low. Then if you sell your bitcoins euth the lower price than when you bought it. You wont get your return on investment. In short. Its a loss
Of course the price matters. This is how bitcoin tends to operate on price speculation. Many people or i should say almost every person who involve with bitcoin bought the coin when he watch price. Probable if the price fall bitcoin user buy more coin if the price high bitcoin use will sell there bitcoin in order to gain benefits.I think its is the working process of bitcoins. Buy low and sell it to high. |
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I have a doubt how a coin value is decided before ICO or release?  The basic formula is the market supply versus how much the market demand is and willing to pay. These two things determine us a marketcap and that is how the value is determined through these basic principles. The OP is asking on how the price is defined of a coin before the ICO and not afterwards . MarketCap and supply / demand factors are only for the coins which are listed on the exchnage. For the ICO ones, the dev himself set the price depending upon the coin supply and the projects which he has in his mind to promote the coin. Too high a pirce at ICO will give very little investment and too low a price will make the coin useless. The price should be carefully determine in ICO so that if can retain its value after the ICO as well. |
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