The bitcoin as a crypto currency is still very young and has not been noticed by all countries so it just need some time until it gets legalized by the country.
Bitcoin only needs time. The government should realize what are the importance of bitcoin especially to the economy. As you can see, in every country there are more likely people who are poor, rather than those who can eat 3 or more times a day. This only means that there are more poor people, and with bitcoin, it can help.to.lessen or even eradicate poverty because of its function in the society of today. Bitcoin can give work to individuals who are unemployed. Bitcoin can help.us to have a brighter future. |
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Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
Bitcoin is already on top, therefore there is no competition to it. It is like beating its own record. The thing is if elwe compared it to altcoin, it may seem that altcoin is a fast improving coin, but the point here is, altcoin is nothing to.compare to bitcoin. Altcoin is just starting therefore even small changes can be seen. So unlikely to bitcoin, bitcoin is very different from altcoin because bitcoin is the king. |
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No. It is not too late because there are many people who uses bitcoin who wanted also to invest but they have a question in their mind if it's too late. It's not yet too late because as long as bitcoin never stops, investment will never stop also. As long as there are users, there is bitcoin and if there's bitcoin, there will be an investment.
People frequently asked about that in terms of the perfect timing to invest, not because bitcoin will be gone. In bitcoin it is always the perfect time tominvest, especially when you knew how the mrket works or simple the cycle of bitcoin or the cryptocurrency in general. The bitcoin will continue to prove itselfs until the future, bitcoin is far from being bubble thats for sure. |
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Last year bitcoin boom up in price, Will bitcoin reach 20000$ in december 2018. Same thing will happen again or not.
What you think so comment below ?
The amount is hard to predict because as of this moment there are people, or more people who have been encouraged to start with bitcoin. And maybe after months from now, they will invest more because they will realize bitcoin's potential. Moreover, there ia a chance that they will encourage more people to use bitcoin. One thing is for sure, bitcoin's value will rise. |
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I want the price of bitcoin increases. For this reason people will be more profitable. Especially those people who are investing their bitcoin in different bitcoin investing sites and who have fund their bitcoins in their bitcoin wallet. If the price of bitcoin rises they will get more profit.
This is anwish everyone wishes for, with this it can help the bitcoin to be more popular because of the value, people tends to like things where they can generate money. At the same time with an increase to its value, government of different countries will realize how the bitcoin can help the economy. Bitcoin is helping us to have a brighter future. |
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well that's bitcoin many uses, in addition to transactions can be used as an investment. and that's the law of the market when people buy at a low price and when the bitcoin price is high they'll race to sell it, so I think bitcoin is used by people for profit.
Used as a form of investment and with investment you can get profit and start gaining what you have invested. With bitcoin it can help you to grow, in addition bitcoin is very efficient in terms of transaction, this is an additional factor that encourage them to start up using or investing in bitcoin. |
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Its not redefining...The price of bitcoin is also unstable if compared to Indian rupees and the price of dollar is also slightly unstable compared to Indian rupees....As like other currency it is also a currency...But its digital currency but not digital money...Digital money are those which are stored in paytm or freecharge etc sites...But its a digital currency...Its just an evolution of technology..
It is really true. Human now a days continuously seek for change or somewhat we can say is that people wanted to have improvement in every technology we have. We improved things as it maybe, we make things impossible being possible. One way of proving it is the existence of bitcoin, with bitcoin it can help our lives easier than before. Money can specify as bitcoin that will happen soon. |
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Hello friends.
I have a problem to share.
My country is average. They are too familiar with outdated and old technologies.
In my country many people still understand Bitcoin as virtual currency. BTC does not bring anything to life. They just think Bitcoin investment is gambling, chance, black red.
Why?
Why do not they look at Bitcoin, ETH or blockchain technology for the present.
Blockchain minimizes transportation costs, intermediates and risks.
Personally, I always try to absorb and learn nonstop.
And you? How is your country?
As an individual who is fond of using bitcoin, all you can do js to give knowledge to your countrymen at the same time encouraged them to start using bitcoin. Many people still lacks on the knowledge on how bitcoin works at the same time, the potential the bitcoin has moreover is the perks or advantages of having bitcoin. So as of this moment you need to take good care of your virtual money and wait for the moment where you can already use it. It will come. At its soonest. |
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Brazil is in the process of becoming the leader of the crypto-currencies . At present, there is more accounts opening of crypto-currency trading than traditional brokerage accounts.
As for the figures it only proves the capacity of bitcoin to help people even you only have a small amount of money, and with this you can generate income while waiting. Bitcoin really is something at the same time government or countries who accepted bitcoin are smart with making decisions because it is a very wise decision to make. |
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Of course, Bitcoin can be a world currency. However, Bitcoin is not valid in all countries. But seeing the popularity of Bitcoin,it will be the world currency for a time.Only the bitcoin has been known in all the countries, which could not make any other coins.Everywhere they are Bitcoin,world Currency Will be.
Bitcoin is decentralized money bro until it makes the bitcon as a legal money. You will find the bitcoin price to reach more than 50k USD in 2020. That time you will see the bitcoin has been adopted by the many countries dude. So that you itself bitcoin is global currency. If you get into the Japan airport, even now itself you can access the bitcoin ATMs at there and can legally used. Moeover if we talk about currency, it is about what people are using, and as stated a while ago, bitcoin will reavh its 50k USD in the near future. This only means that bitcoin will be more popular, and popularity is because of the people using it and those people are the reason why there are currency. That is why the bitcoin is indeed a global currency soon. |
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The spreading of right information to those right people. Because as we all know with knowledge that you can give to other people they might probably be encouraged to enter in the digital world, especially when you emphasize the potential the bitcoin has. We all know that bitcoin will be the future and so as the future of people will be on bitcoin.
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China is a big country with a very good economy. This news is very good to increase world trust in bitcoin, not a few big companies in the world that have adopted blockchain technology and even use bitcoin as a payment method, besides high effectiveness and efficiency in terms of transactions using bitcoin, people can use bitcoin as an investment tool either long term or short term.
Last time i checked china did not want to get involved in bitcoin. This decision by this company only proves that the government is the only agency that has a problem in bitcoin, as we can see, big companies loved to get involved in bitcoin because they have seen the potential the bitcoin can offer. As a matter of fact with this step it will be more safer for the users who uses uber as a form o transportation. |
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First off, your topic title doesn't make any sense.
Also, the markets will not simply disappear just because of volatility. If you at least did a slight bit of research, you would almost automatically know that the cryptocurrency market is heavily volatile. This is something that shouldn't be realized later on. Yes, the prices do rise and drop very fast; but some people do take advantage of this volatility to make money.
Even though it's debatable if bitcoin will rise or crash in the future, markets simply don't "disappear". Markets rise and crash. Even if bitcoin does a nosedive to double or triple digits the markets will still be there, as some people are definitely willing to pay significantly low prices.
Im agreeing with this statement. First and foremost you need to understand everything before you jump into conclusions similar to this, it may only lead to false alarm, flase alarm to those people who did not do research at the same time who do not trust bitcoin. As you can see bitcoin is crypto and crypto is with bitcoin so bitcoin will continue to reign and so as crypto currency. |
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I understand your point and yes I agree with you that it is always the right time to buy, it is always the right time to invest in Bitcoin and in any crypto currency out there. It's just that there are some who are using some strategies of buying when the market price is low and sell when its high to get more profits from their transactions.
Bitcoin is very flexible where as if you needed it to turn into petty cash it can convert easily and when you want to invest in bitcoin with an amount you have you can transfer it also in an easy manner as well. The flexibility of bitcoin may be the reason why it is every time is right to buy and sell. Moreover it is not just everytime but also everywhere. That is why bitcoin continuously improves so that it can help us. |
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I think one of the reasons is that these ICOs are really enticing and promises big returns. Most of of them are lending platforms that encourages beginners to invest.
And maybe this is why bitcoin banned it, because of the negative effects they can get if they accepted scams advertisement that may lead a blame to them. But bitcoin really has a huge potential. Facebook did not realize it, they should need to be filtered in able to avoid unreliable ads. Facebook can earn more with bitcoin they need to think about it once again. |
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I think the main benefit will be the polarity of bitcoin in the world.so many people know about it and use it. So now we are talking about the benefits of bitcoin if bitcoin managed well.
We all know that bitcoin is now more popular, and the big benefits of bitcoin is that his price is not stable, it increase or decrease, and we can earn profit with that using some strategy. So hold bitcoin now and sell later. You wi probably make yourself rich if you will know how to manage your bitcoin, because bitcoin will be the future currency that will help everyone to have more easier access in doing transactions at the same time doing an exchange with only using a few seconds. Moreover bitcoin also helps everyone to be effective and efficient. You can feel all those advantages if you know how to manage properly your property. |
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bitcoin's volatility IS an issue but it is not that big. the media and the FUDsters love to make bigger. the fact is when bitcoin is so volatile that price can move up to 20% in one day it makes it harder to either invest or use as a currency. it doesn't mean people can't or won't use it. they are still investing in bitcoin and also using it as a currency even though it is volatile.
the difference is if it stops being that volatile, it will be used more as both a currency and an investment.
All forms of market are all volatile. It really depends on its user. It seems that if we say that a thing is volatile, you can come up with a conclusion of its users are unstable too. And that is what is going on to bitcoin. The reasom why it is changing is because of the way the investors think. Thy pull out thy so sudden they started investing again. But as we all know, if th market is down, all we can do is to wait and wait for the market push upward again. |
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There is actually no need for other coins. That is why we have mBtc and satoshis.
We can now use it like millions of coins which is seen with altcoins. Imagine if 1 satoshi gains a larger value, then how can you even spend a bitcoin in just a day?
This vould happen only if we all make it as valuable as it should be. You see, this alts could divide the investment which should have been for bitcoin for more demands to come in.
Simple econimics if the buyer wanted to purchase more the market would probably create products with a high selling price in able to sustain the needs of the buyer. Just like in bitcoin, it will not probably experience shortage but the prove will rise, and that is what is everyone wanted to get. High value bitcoin. It will be a cycle, people will buy, then some will sell, then buy and sell. Because people needs something to sustain needs so with bitcoin as a form of medium they will probably sell. |
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I know there was some company experimenting with paper notes to help people who have not internet use BTC.
Anyhow this is an interesting thought. Do you think that it would be possible to put not exactly BTC into a paper note but any crypto in some what of a denomination in a paper note. eg hardware
more less it could be used for people who have no access to internet have spending power, where the paper notes would have bar code scanner code on it, that they take to someone else for buying goods and services.
Your thoughts on this idea, could be used in whole numbers of a type of crypto if the numbers meet up to a certain standard, as not to correspond to a FIAT system but be entirely in Crypto?
your thoughts? pros and cons to this concept.?
why it could work ? or why it would not work?
This decision is against the purpose of bitcoin. Bitcoin wants to be a decentralised virtual currency that will be available fpr everyone. So if this happens it will be lik a fiat currency so what will be the use if this things happened. There will be no difference on bitcoin and fiat. So as for me it is more likely to have internet connections everywhere, for easy access rather than using the environment to sustain needs for bills and such. |
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So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?
Good point, but in addition banks and government are somewhat related. For an instance is that you have the president (or others that was the highest in an specific country) that is inclined with business, or somewhat supporting rich who want those reach people to be more rich, that maybe one of the factor. Moreover, banks may feel threatened to wha bitcoin can give, more specifically the potential of bitcoin at the same time the advantages of using it. But the two must consider bitcoin and cooperate in able for everyone to have an organize society. |
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