I don't think bitcoin can destroy the world, it is a opposite view of bitcoin. But if we say bitcoin improved economic growth all over the world, I really agree on that, but negative issue of bitcoin business is not a new in bitcoin business, almost everyday there are some forms of negative issues about bitcoin business, maybe because of the rapid popularity and increase of people who access bitcoin that's why a lots of people also wants to destruct the smooth operation of bitcoin.
Bitcoin will actually help build the world. Let's say there are really a lot of effects to our electricity usage amd connections but that be rehabilitated and helped. We just need to be more cautious though to its possible effect to us. I agree that bitcoin build the world. The effect of its profit into our country are making our economy grow. People can now buy healthly foods. We can now provide good education to our children. We can buy our needs. I cannot comment on the power supply and all becs. I don' t have the idea but i will dig into this to understand more. |
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
In our country it is very hars to find jobs that suits your profession. Most of the graduates are aplying into call centers due to its high salary rates. Now that bitcoin is booming in our country some of the employed are quitting there jobs to be full time in btc. Students are starting to enjoy good profits in btc. Yes btc reduces unemployement. |
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If all paper money were change into Bitcoins, can it be access and use by everyone? how can the beggars access Bitcoin?
Not for now. In our country beggars are very poor they dont have houses and they cannot access internet, some of them cannot read and write. So it is very hard for them to be in bitcoin. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
We should not do this panic selling. I am very positive that bitcoin market will go higher. Please make yourself be positive and be informative in the market value. If someone goes panic selling i will buy some. |
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This uncertainty has a reason that is different from what we're used to. The price drop is not caused by regular pump and dump, what can be overcome. This is really serious. Investors are afraid that cryptocurrencies will no longer be decentralized, because of the worldwide regulations that governments will come with very soon. Cryptocurrencies will be taxed and centralized and that is scary to most investors who prefer decentralized currencies.
Of course bitcoin will be fine. There are a lot of fake news today that will ruin the reputation of bitcoin this tends to scare people who wants to be involved in botcoin. For me as long as people are making profit out of it bitcoin will be fine. |
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Have you seen Mr. Robot? You reminded me of it.
Well coming to real world, it is not possible at least for next 20 years. No matter how easy cryptocurrencies made the finance but still its scope limited to internet. We need liquid flow of internet to transfer BTC and other coins from one person to other. But if we see current situation, internet is not the bite of every individual. Lots of technical jargon stops the way of utopian society of CRYPTOCURRENCIES.
Cashless society is very imposiblr right now because not all people are literate in computers. Not all locations have internet. Not all can afford to buy gadgets. How about the people who do not know how to read and write theycan be very vulnerable to fraud and bad people. |
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Have you ever thought about buying bitcoin for your children as a future investment?
For now i don't have the capacity. I started bitcoin at 2017 in bounty campaign. I have a little profit and i am starting to save. My dream in the future that i can provide all the needs of my children. I am into getting to know in trading and investing and someday i will be successful. |
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Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
No it is not unfairly. Early adopters strive hard to earned their benefits. It is their advantage that they take the risk and earned earlier. We can be like them as long as we have great interest in this business it takes only to be industrious to have more profits. |
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I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that
Its too risky. House and lot assets have a high value. Its a waste of money in renting a house. Maybe you can start with a bounty campaign and when you get profit in it thsn you can start investing. Just be patient there is a lot of good profit on bitcoin. |
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I want to talk about salaries. How much $ do you have left after paying taxes, rent, and basic expenses (electricity, water) I get $10 000/y like a fucking slave My spending basic is $5 000 / year, including food, $2 500 without food I live in the former SSSR Another reason to move away Also they give me these communistic so called "benefits" when you get like prepaid cards for predefined services https://www.facebook.com/televize.polar/videos/1047399295339540/We have a very low salary rate in our country. Take home pay is not that much that is why we get into loans for the childrens school fees and there daily needs. Sometimes health is compromise. Salary taxes is as high as 20%. That is why i am into bitcoin. |
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It is good to invest in bitcoin as bitcoin is stonger each day. The massive adoption nowadays is a sign that it is good to put money. But, as usual in any investment it takes a lot of risks. Therefore, dont put all your eggs in one basket, because we cant predict its price of bitcoin.
Bitcoin crypto currencies are is too risky to invest all your money. For me i would invest the money that i can afford to lose and learned more about the investment process. This will be my sense of motivation. |
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Just recently I saw an ICO that asking a monthly income and bank account statement for a KYC. It's said on their KYC form that it is important for them to know the financial capacity of their token holders or buyers.
What can you say about this requirements?
Somebody here did it before?
Asking for that documents is not good for me because it is so personal but the good thing is that they asked it before you invest in their ICO. You have the option not to participate if you don't want to comply the KYC. |
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Be ready and aware that 2018 is the year of regulatory reckoning. Countries around the world are trying to determine how they are going to treat cryptocurrencies. Securities and Exchanges Commission (SEC) has halted several ICOs and hinted at the need for greater crypto regulation. I am into cryptocurrency because of freedom, I can't deny to myself that I have worries regarding this issue. And as an investor, I really have no choice but to stay with crypto once the governments around the world have control to cryptocurrencies (if that became possible). So as much as we can, also invest with physical properties with what you've earned. For we don't know what will happen next with our money in the digital world. This is not an advice. It's simply a shared idea. How about you? What do you have in mind?  I don't think that government will totally eradicate bitcoin in their country because it is online and you can use it in countries where it is legal. There is a big chance that bitcoin will win in this battle against some government. Government will legalize bitcoin because if the overwhelming support from it's citizens. |
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After a long wait Bitcoin is rising up in charts.Do you think Bitcoin will finally hit 20K this month if its price increase rapidly?  There is a Wall Street veteran saying that bitcoin will hit $20K at the middle of the year and it may hit all time high of $25K at the of the year 2018 citing many reasons. Even though we can't exactly what will happen in the future but with positive developments pertaining to bitcoin i can say that bitcoin's price will definitely go this year. |
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We hear in the news that many people in countries that have currency issues are starting to trade in BTC - for example, Venezula.
My friend asked me what about in regions where they lose electricity, how would they trade with BTC?
For example Puerto Rico is right now devastated by the hurricane, and many parts of its region don't have electricity. A lot of people need to buy food and even fresh water.
Is there a way to still trade with BTC in such situations?
Can P2P trade still occur despite having any connection to the greater block-chain network? Keep in mind that it's easy to charge mobile phone so they have access to wallet apps, but probably not the Internet.
I don't know too much about mobile data networks, but I doubt one's 4G/LTE data plan would work in such situations. I assume that data would have to be relayed to a tower/dish before it's sent to satellites. Am I correct?
With today's technology i doubt if electricity is a problem except of course to the poorest of the poor countries. But if you know bitcoin for sure you have electricity in your home. You can't access bitcoin if you don't have internet and you can't have internet if you don't have electricity. |
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When bitcoin hit the all time high of almost $20K, Ripple did reach it's all time high of $3 also. When bitcoin crashed so is Ripple. I can see the relation between the two in terms of prices volatility. One thing is for sure, the team behind Ripple is working hard for their project and you could see the news around pertaining to the Ripple platform. Ripple will gonna go back to $3 again if bitcoin will reach $25K at the end of this year in my opinion.
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Hello!
If bitcoin died do you think people will lose intrest in other cryptos aswell? which altcoin would you invest in if there were no bitcoin?
I think so because bitcoin is synonymous with cryptocurrency. But if you will say that bitcoin will die i think it is very far from happening. They can crashed bitcoin but they could not kill it. More and more countries are adapting now to cryptocurrency so the more bitcoin will be alive. |
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Hi guys, there are so many ICOs, such as those listed in https://www.coinschedule.com. It's pretty hard to review them one by one. Which elements I need to consider, the team? the product? the promoting technology? or something else? Thanks for any suggestions  You can check out on ICOBENCH because rate ICOs but don't rely solely on it. Try to do some research on a particular ICO. I myself would do some research of team handling that particular project. If i don't find any fraudulent member on their team then i could say that this could be a good ICO and not a scam. |
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I see bitcoin prices have recovered and have been traveling up, this is a good sign for us that hold bitcoin, what do you do, still survive to wait or sell and wait for the price to go down?
Yes, bitcoin's price is on the rise right now. It is trading at above $10k for the last February. Wall Street veteran Tom Lee even predicted that bitcoin will double it's price by mid year and go up to $25K at the end of the year citing positive development relative to bitcoin. |
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In his own reddit AskMeEverything page, https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/He answers about cryptocurrency stating “The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.” He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities. Bill Gates is just another guy who had his own opinion about cryptocurrency but i don't think it will have an effect on the market soon because he is not the first to make such comment. When he says that crypto can cause death because it is being used to by drugs, i don't agree with that. The people who buy drugs has his own free will, it his very own life that he put in danger and only him can control that with or without cryptocurrency. |
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