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For me as I can see about the status of Bitcoin, it has been a successful crypto currency that reach its purposes and ultmate goals towards the world of the crypto currency. Bitcoin really become the top of all the crypto currencies the becomes that King of all since its has a great effect and impact to the other digital currencies. But still, Bitcoin has not yet being use all over the world because there are still some countries that banned Bitcoin.
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Well better way to store your Bitcoin is to a safe wallet. I am a proud Bitcoin user and currently I am using coins.ph wallet since my country supports crypto currencies, our own country have this kind of wallet that is very easy to use, also safe, and convenient as we ca easily convert our Bitcoin into some other currencies like Bitcoin into Ethereum and vice versa or into our country currency.
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Honestly speaking, I never knew what wallet is this Lumi Wallet. Because since I enter the world of the Bitcointalk.org, I only use one wallet which our country made for its citizens since the country I belong supports the crypto currencies.
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This is one thing that the people that uses Bitcoins always complain to this crypto currency. I think this is the best side of the Bitcoin needs to improve, the Bitcoin transaction cost is what we always seek to solve, since it becomes too high. But still, I preferred this crypto currency all over any other digital currencies.
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This might have a high possivilities that people will be using Bitcoin and went it to become like an another business. Because as of now, the Bitcoin is keep on using by the people to the different businesses and use Bitcoin not only just a crypto currency but also as a medium for investments.
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For my own opinion, I don't think that this will what might happen in the five year after. Why? Because as the days goes by, the community of the crypto currency is keep on growing and as the times goes by, more and more people are reaching the information regarding crypto currencies and gain knowledge to understand better about it. I think that this will not disappear but rather will become more productive.
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Maybe those governments and banks are just afraid or scared to Bitcoins because they don't want people to completely engage in this digital currency, or to any other crypto currencies. If all of the people will use crypto currencies other than the fiat currencies that the government control through banks, the purpose of the banks will be disregarded and Bitcoin is a decentralized one which the government doesn't take control of.
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Of course, it is really valuable. The value of Bitcoin to our currency community is keep on rising. But for now, the price of the Bitcoin is still on its downfall. If the price will rise up again, a good outcome will happen to those who kept and invest in the Bitcoin. It is now false to say that Bitcoin is a valuable digital currency that really helps us a lot in our financial transactions.
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I was hoping that more countries will be able to launched such ATM machines. No the country of Kenya is one way step ahead to other countries that uses Bitcoin. I will be glad if our country will be able to have Bitcoin ATM machine to. This is another thing that will boost the name of Bitcoin to the community and be more popular.
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So now the future of Crypto in india is in dilemma.
there is no "dilemma" here! bitcoin is going to be used as before by the Indians but now they will be doing their trades elsewhere instead of doing it on Zebpay. and altcoins are still the same shitcoins with no future so we are clear on that front also. and when all of this drama is settled bitcoin is still the same decentralized currency that nobody can't do anything about to stop it. So just as like you said and prove buddy, the crypto currency life in India is not in dilemna. I am glad that people of India that uses Bitcoin can still use it as before and will not happen to be banned permanently. I hope more people will open their mind to the crypto world and be in one way to us and make the crypto world into a much better for the benefits of each and one of us. |
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I am looking forward to the brighter future of the crypto currencies. As of now, the price of Bitcoin is still at its downfall, but I know that sooner or later this will bring back to its stable price. The world of crypto is keep on getting much better. As the days goes by, more users, supporters and investors are coming to the crypto currency community and making this to grow even better. It would be really nice if crypto currencies become a medium for payments.
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A lot of posts are about bitcoin (eg bitcoin for illegal transactions ... bitcoins change lives ... bitcoin destroys the world ... bitcoin poison and so on) but basically it's all humans that move .. bitcoin is the tool. Good bad how the tool is how the man who runs. is it worth blaming bitcoin. What is your opinion?
Great post, mate. I could not agree more on your thoughts. Bitcoin is neither right nor wrong. Neither is it good nor bad. Bitcoin is simply an invention, a tool, as you call it. It is basically a tool for spending. In other words, a currency. However, what you buy with that currency is not up to the currency itself but up to the one who is using the currency. If you use your Bitcoin to buy illegal drugs, then the problem is on you and not on Bitcoin. Bitcoin cannot decide for itself. That is really and definitely true. As per the quote says, "Bitcoin is the vehicle, we run it". This is true. We are the one that will use the Bitcoin, on how we will bring it, because we are the one that will control Bitcoin and not Bitcoin will control us. We should know how to run Bitcoin properly or else, something no good will happen to us just like driving a car, if we don't know how to drive a car and we use it, in the end, something bad might happen to us. |
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Well for me, the real usage of Bitcoin is for some of my daily financial transactions. It is an ease for me to use Bitcoin. It is easy, faster and secure way of doing my financial transactions. Moreover, the use of Bitcoin is very convenient, since the country where I belong supports and allowed the use of Bitcoin. Bitcoin being legal here in my country is a thing I am really glad.
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There are many people still hoping for the fall o Bitcoin because they are only preparing to the upcoming rising up of the price of the Bitcoin again. Those people that still wish to the downfall of the Bitcoin only wants to buy Bitcoin as long as it is in a low price for investments. Because they know that Bitcoin will go to the moon again in itsnext turn.
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Yes for me. The crypto currency has a characteristics and potential to make the business world in a much better shape. Nowadays, there are many business that use the crypto currency to make their business grow even more. I hope that more people will come to know about the crypto currency world. It would be much better if the business world will come integrate itself to the fast growing crypto currency community.
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Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.
In five years my opinion about crypto will rise up and increase its price value as it will be one of the top currency coins and will lead other currencies as will. Same thought for me too. I have a strong belief to this, that in those years, the crypto currency is in a much better community, that it grows even more. Since we are in the modern era, when in almost everything around will turn into much digital and our crypto currency will bloom and will be in prosperous as well. |
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The Bitcoin safety is only depends on us. Since we are the owner of our crypto currency or Bitcoin, we need to take more careful when dealing with our digital wallet especially to our private keys, passwords or pass codes used to access our crypto currencies. Well as the times goes by, the popularity of Bitcoin is getting more and more into good terms. More people are believing and sees what good the Bitcoin can make to our life.
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If Bitcoin will be banned by the government of the country I am a citizen, then it is very unfortunate for me. My country recognize the worth of crypto currency and Bitcoin is legal to use in the different transactions. That is why, I really don't think the government will eventually banned crypto currencies in my country.
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I know that many investors trust European teams, but before doing this it is necessary to make sure of the experience and seriousness of the team.
We have a very serious and balanced team of professionals who perform their tasks at the highest level! I'm happy to believe you, but where can I find your work? Is this your first project, or have your people already participated in the development and implementation of projects? There should be deployment activities and constant updates and announcements that can bring a great workflow with the project to proceed in a successful aspiration as promised in the white papers. |
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Well that there is a limit of one video per week. With such a restriction there will be more quality content.
There have rules for the participants to qualify like clean and understandable language if its English no need sub titles, The uniqueness of presentation and also the video editing must be clear and all the information written there too. A proper plan with complete instructions may reap to a quality output and we may proceed to a finished level after various validations and confirm the final presentation. |
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