Maybe Bitcoin will not be dominant currency in the future because fiat will be not put of the throne but it will probably be much more adopted and spread then it is today, at first place in shopping and different online services. Maybe also in high technology and IT industry.
Most answers here will be speculative, However, considering the fact that no government will still not allow a decentralized virtual currency to control their local exchange. Some factors/purposes in the future will be unavoidable by govt about bitcoin or other new cryptocurrency. Factors/purposes that obviously fiat cant offer and they need. The interest will start with the first world countries down to the third |
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Some will start using bitcoin because it is getting popular "My friend is using it I want to use it". Which comes from the trust level of owners that led to large number of acceptability. Which I suppose could be the last factor at the later days of its spread among new users.
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They mostly use it because it works outside of governmental control or censorship.
In fact, its origins and revelation was within the cypherpunk sphere which has no
interest in e-cash, but the idea of true unrestricted e-exchange.
I was just thinking if china holds that size of bitcoin and you addressed most of the owners to use to work out of government control or censorship. Seeing the indirect control of bitcoin by the chinese government. Can we still consider you statement to be void? or bitcoin is not serving that purpose anymore among the large users. |
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Is China trying to control Bitcoin?
NO there's top 10 countries in which bitcoins are banned and china also include in that list you can google it if you want proof i don't think they're trying to do work on bit coins Where did you get this information? with all the latest news of how the government had being trying to control the volume and fraud in it,not banning it. Government has provided the environment for it but just want to control the price for their countries economy, just like they have been doing with yuan. |
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The only legit way to earn bitcoin with your investment/bankroll is to either invest in some trusted gambling platform or use those bitcoin to trade some alts. However both have some risk but if you choose trusted casino and alts with high trading volume than risk of losing your investment is very low.
what is your probability of winning in any gamble you are engaged? For how long have you been gambling? Do u think over time your probability of winning gambling has increased? For those encouraging gambling to acquire bitcoin, I just want us to analyse the probability of winning any of our gamble |
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BIT.AC said to provide 50% commission for all transaction by referral, My question is ' Will this be only for the period of campaign and how does the wallets get to fund this commission? Finally a new wallet
I dont think it is that new. Just starting another campaign |
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I noticed Bittrex as blocked some IP from some region from assessing their account and it has not being comfortable for account members. I will appeal for review of this for amendment please. Hi, does Bittex plan to add Komodo soon? It officially replaces Bitcoindark and >80% of Btcd has already been swapped for it. The dev team is the same. Technically KMD is a zcash fork so very similar job for integration. For now is only listed on 3 small exchanges but has 40btc daily volume across them and price-wise it would be in top 20 on CMC. Komodo is now on bittrex but still having low trade at higher price |
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The full member signature code has been corrected. Full member with previous wrong code can edit theirs
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Btctalk name: royalfestus
Rank: full member
Current post count: 465
BTC Address:1DMGopXtVwokZfF9U5qdf4syywUUjFxWdb
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#17
1PbWNBUP2vWfDdg33cfBdRY8RoU1bVrPgH
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Thats a good dream, I dont think we will see that day. Why? Cause bitcoin at 25.000 mean the end of the banks, the end of globalization the end of the fed power. Is a nice fantasy, but with the current structure is just imposible. Last time I sent a transactions it delays almost 2 days for a single confirmation and the fee was like 1% of my transaction.
Whenever it gets to that value($25000) there will be lower volume for individuals exchange. Then one can afford to pay more for transaction fee to make it faster |
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I dont know how the market will continue to handle it with incessant threat of the chinese govt. Two of the biggest exchanges had been stopped from withrawal, with stance warning, just to control the price of bitcoin. Now I dont think is about the inside fraud in the chinese exchanges
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Nova exchange, cryptopia and ccex arent trustworthy?
I mentioned those because those are the ones I used to invest in Spectrecoin, Komodo and trumpcoin respectively. Yes, trumpcoin  already dumped mine with about 2.5x profit, so no jokes on me!  So far no bad experiences in any of those, except Cryptopia UI seemed horrible and quite slower than other exchanges. If the problem is only the site being slow and the horrible UI, I can make do with that. Same komodo and incent brought me there, The only thing I cant deal with is fraud and hack. All I need is the Benjamin franklin remember, trade all the way |
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There seems to be a lot of social campaigns been managed without TVE in the new year. Is anything wrong with TVE? Probably they should do more advertising or campaign themselves
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Depend on what bank do you save. If the bank still unknown and brand new, then you shouldn't save there since they may bankrupt ( as my experienced said that even long life bank still can bankrupt ) I don't think bank will close your account without reason, for example in my country, you have to have a minimum balance in your bank account. If your balance are below the min requirement for 3 month, ....
So what do you mean without a reason ? Bank shut down your account because " you have to have a minimum balance in your bank account. If your balance are below the min requirement for 3 month, " as you mentioned I think banks had gone beyond the minimum account balance, we have zero account without being close but for the period of inactive account it is need with a longer period( possibly 1 year), for cases of death of the account owners. However, If bitcoin remain unacceptable by the government, with fewer store accepting bitcoin, fiat will be a legal tendency in most of our transaction and to avoid money laundering, bank will still remain the solution |
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Nova exchange, cryptopia and ccex arent trustworthy?
I need to ask why you mentioned cryptopia on the list. Any bad track record you can refer to or caution? The only thing I noticed is a higher transaction fee but has lot of coin for exchange. I just got on the exchange because of some new coin that I like to trade and invest in. |
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You don't need to make the government accept bitcoin in any way. Because once government sees that bitcoin is making people of their country rich, they will start taking interest on it and that won't be good for the general bitcoin users of that country. Remember, bitcoin is not controlled by any central authority which makes it questionable in nature in the eyes of government.
So it is always better, that the government of your country don't bother bitcoin users soon. Bitcoin will survive as an international currency if they keep low profile. Shout about bitcoin will make things worse for all.
I dont know why people want government to come into bitcoin, Those corrupt governments. Bitcoin became this famous to fight the government when government restricted the use of fiat. It was used as a medium of exchange to expose the government misdemeanor. Now we are requesting again for government supreme power. The power china has because of the decentralization, we all see how they are using. Most concern is the readily use in your country, however, It is been used. Bitcoin is for the people not any Government. |
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Source updated https://github.com/cuio/MyElysiumCoinThe Aim of Elysium is to be a currency which is used by countries to buy international commodities such as oil which is pegged against Dollar . The aim of Elysium is to be a currency which is used by governments while facilitating financial transactions . The objective of Elysium project is to be a currency which takes over Dollar to be a medium of exchange in International Market . To Remove the Hegemony and bring Equality A. How many government had proposed to adopted the coin as exchange? B. What is the advantage of the coin to dollar exchange? C. Why do you think the Government will adopt it? D. Have you prepared enough to compete with dollar in such a big market like oil trade? I like to believe in the project if it is convincing, am afraid most investment might be short term Right now, the market is accumulating for quick profits only. I think most of the coins mined are in the sell side. Only experienced traders can guess, how the market is really going. And it is too early to discuss about markets, since issues like 3.6 Million premine makes concern. Experience traders know better, Beside you did not answer any of my questions. If they dont think of long term importance and how to convince people on how it will thrive in the market, it will just join more than the 600 coin making the market that cant stay on coinmarketcap. It is not about the volume again and in this dispensation of crypto time will dump the bad ones |
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Why people really hoping it will raise one day? Incent is for nothing dudes, think about it. You see no one wanted it. For sure the big liquidity is on the big exchanges but not one big player is investing now.
The volume for sell scare me off the buy at crypto lately, now the price is droping after a pump 2 days back. Any reason for the loss of interest? |
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