Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created? Here are some reason : * To change the perception of all people about the digital currency. * To improve the payments and transactions and in the internet world. * To become the image of money around the world. * To protect or hides the identity of the user, for security purposes. * To give an opportunity to all people around the world to earn a secondary income. * To upgrade the currency because everything in this world is now upgrading. SHARE YOUR THOUGHTS If this post is worth of your merit, Thank you I do not know why it was created initially, but then there was political decision to let it became popular and accepted in society.
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government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it: * can pay off the "debt" of the country * Improve the economy of the people * Decrease in poverty level I want to know what you think.
Probably the best post I could see right now. Yes, I also agree with this. Those countries are just banning them because they are just too scared that people may rely on themselves rather than the government itself. Yes, and they are afraid that they will loose control
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I do not understand why bitcoin is always compared with gold, these two are different types of assets, and i am sure both of them have there own place.
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Hey, keep calm, anything gonna be okay. look back, look through history and price of bitcoin you will understand this.
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In my opinion it will be wide spread, acceptable in stores and public spaces, but more regulated by laws. It is just my opinion, I see the future of the crypto this way.
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Yes hackers are active in every area, this also the way of receiving an easy money, or form of protest against smth. But very often innocent people are suffering :/
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More people were involved in crypto industry, I think it is also related to good promotion and PR, a lot of people got aware that they can get benefit easily by holding bitcoin, or by mining and trading. More people were involved more was the price, but in the beginning of the year situation changed because of some regulations and restrictions in Asia, so panic syndrome took over and people start to sell coins, so price decreased.
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I saw the bad news about the bitcoin , I feel unhappy because I'm going to invest into bitcoin . Whether it booms again or continues down to death. Should I start with $450 now? If it's possible, please tell me where to begin. My colleagues advise me to use ETH, but i just found another name Nextycoin. The Nextyplatform seems to new, i wonder it will lead more oppoturnities, by contrast, ETH's old and likely to more reliable. Which one should I choose? Anyone gives me some info. about them or other names, pls. Thanks I think you should choose ETH, as it is already stable, it price grew up, it proved that it works. So I think that it is less risky.
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Every investment is accompanied with risk, so it is up to your decision.
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Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!
Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.
In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.
Bitcoin is accepted by society but as you mentioned that recognition by government is guarantee, and sometimes we need smth that we know is stable and guaranteed.
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I thing You should investment different coins like as Wave,Trade Token, FidentiaX and any more good and cheap token because these token are provide more profit.
I do not think that this coins will provide more profit than BTC, it is my personal opinion.
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... I doubt if we will see it below $1000 again in the future. ...
And I doubt we'll see ETH above $1000 (in average) until the middle of February... Middle of February is very close, but the price will grow up for sure.
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Yes i reached 1000K, even in the situation of destabilization of the crypto market. Good for ETH.
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Buy Bitcoin, I think it is the best way for long term investment.
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I do not like this coin, it has nothing that convinces me that i can benefit from it. At first sight the idea was not good, but now i am little bit disappointed about it.
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I think Canada is the best alternative other than China. Low rate, natural cooling etc.
I think mining farms will be more profitable if they are located on Africa and India because the electricity rate is more cheaper than other countries I think.But im not an expert in the mining and it's profits,I will looking forward for the suggestions of this thread to know more about best place to build mining farms. It is interesting if there are any mining farms in Africa, and whether it will be safe to have mining farms there?
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*Newbie Here!* Because of fluctuations in the value of bitcoin, is 2018 going to be the biggest downfall of bitcoin? What do you think?
I hope it will not be downfall for bitcoin, i looked through the prices in previous years, they were down in the beginning of the year and grow up from the end of February. So I hope the same will be also this year.
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china is one of the powerful country in this world.they are in a high position in economy.and also china is well developed country.but they still don't like bitcoin revolution.what is the main reason for that?
As I know trading in china was not good for Chines currency and economics, besides mining was harmful for infrastructure, as the government mentioned.
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