when bitcoin prices are drops, I think we better talk more about the positive value of bitcoin. do not think about the value of bitcoin today, because thinking about it will only make us panic and confused. enough G20 make us calm.
So, now. we are talking about the benefits of bitcoin if bitcoin managed well.
what do you think if bitcoin is managed well by a country?
In 17 December 2017 the price of bitcoin was 19279.9USD. But unfortunately it decreased to 6261.74USD today. The main reason is we are managing our bitcoin properly. To manage this bitcoin people should trade in bitcoin or save for long term or mine. We all know the news that Bitcoin's price will rise. So we should manage our bitcoin. If we can manage, its price will rise in future. Another if a country can manage bitcoin the country will be developed soon. Because bitcoin is a currency that turned on digitally. So managing bitcoin is important for the development of a country. |
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Globalization was told for a very long time. Probably, this will be a new stage in the development of our civilization. This is a new form of human interaction. Perhaps the whole world will be without defenders and borders, without taxes and barriers. Bitcoin will take in such a world a worthy place of the world currency. Developing new technologies will help create a more developed society where there are not very magazine and very poor. Regulation will occupy cars, they are not expensive for the corrupt. We need a new world, it is perhaps a new and unified religion, which will affect all of humanity ... no longer warms, humanity can be really civilized. What do you think all about it? Maybe Bitcoin is part of the globalization plan?
In my opinion I think bitcoin is a part of globalization. The most attractive thing is development. We all know that bitcoin is a digital currency. It can be sent from one part to another part of the world within a few second. We can pay the online bills from our home or any part of the world. We can also shop any kind of things, buy and sale product in online by it. It is one of the most important reason of the development of globalization. So I think Bitcoin maybe a part of the globalization. |
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Digital currency is to change the world, many of which were positive, to a certain extent, they pose a containment of the government, gave the people an alternative, but that doesn't mean they don't need to be regulated.
One of the core reason is: anonymous, do not track, not regulated digital currency will make form a closed loop technology crime, money laundering and terrorist, and disappear from unsolved bits, bytes, while the impact damage with each person in this world.
If every penny of extortion is tracked, is there enough motivation and courage to launch a WannaCry to attack the world?
Yes, digital currency is to change the world. For it people can easily pay any bills from their home. They do not have to go any place to pay the bills. As a result, they can save a lot of time. So it should be regulated. As it doesn't track for this reason many criminals do their illegal tasks easily. They are paying their money by it and no one can find or track them. And so their misdeeds continue to rise. This is the most serious problem. These misdeeds should be stopped. To stop this misdeed should be regulated as soon as possible. |
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I read about this news that in South Korea bitcoin is legally become recognizable as asset.
Yes, I have also got this news. It is really a good news for the people of South Korea. Now they will directly able to involve in crypto-currencies. I hope South Korea will develop more quickly. I do think bitcoin is a currency and not an asset. I don't know whether this is good news or not for crypto-currency. One thing i believe with legalization from government i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.
You are right. Bitcoin is a currency which is called digital currency. So it can not be an asset as it is a digital money. And we also know that money can be traded but asset transaction can not be done. But bitcoin is called an asset because it is compared with gold for its high value. For this reason people call it an asset. |
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Bitcoin is a valuable digital currency. It is well known for its high value and its hard security system has encouraged people to grow its popularity. But unfortunately its price is going down.
In first August 2017 the price of a bitcoin was 2862.9USD. After one month of this time in first September 2017 it increased to 4732.87USD. It was really a good news. But in first October it was decreased to 4354.16USD. After that in first November increased to 6416.07USD and in December first it was more increased to 9988.19USD. 17 December 2017, it was a very good news for bitcoin. In 17 December the bitcoin price was 19279.9USD which was the highest price in Bitcoin history. Since then it starts to decrease.
In the first January 2018 the price was 13796USD, first February the price was 10204USD, first March the price was 10332.14USD, first April the price was 6937.56USD, first May the price was 9239.55USD, first June the price was 7489.66USD and in current first July 2018 the price of bitcoin was 6408.91USD.
This is really a bad news for bitcoin and its users. At present the price of bitcoin is 6382.02USD and it is going down. If its price will decrease in this way then one day Bitcoin will kill itself.
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I participated in many aridrop projects. It's usually scam and does not pay me. Now should I continue to join the new aridrop project? Please give me your advice.
Of course you should continue to join the new airdrop project. In the past airdrop was more profitable then now. This is because Currently the number of participants in the airdrop is increasing, so many sites are not able to pay everyone. You Told that you have participated in many airdrop projects. But they are not paying you. If you want to join in any airdrop so you have to careful that whether they are paying. There are many airdrops who are paying. As it is one of the sources of income. So you can join those airdrops which are paying. |
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Yes you are right.
Recently the ICO market is going down. For this reason many people are moving away from here now.
If you get a good ICO where investing can be profitable for you in the future, then you should join in there. But you have to wait for a long term.
Thus you can earn a lot from here but you have to careful about this matter. Because there are many scam site those who run away. If you fall into a scam site then you will lose your money.
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Yeah, bitcoin is the most valuable of all currencies. It is compared with gold. The word 'bitcoin' is known to all for its high value, strong security and safety. Though its pries is down now but it goes up rapidly. And I think it will be more valuable in the future.
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i think Bitcoin has become a currency for a nation that is currently supporting all kinds of people
Yes this is true. But some undeveloped countries of the world cannot support it as it is very to understand. They have already banned it from their countries. They have made it illegal. Another many modern countries of the world have supported it as a digital currency. That's why they are moving ahead of other countries. This is really a good site for them. As bitcoin can helps the world's economic so those who haven't support the bitcoin they should have to support it as a digital currency. Thus they could go ahead. |
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" Bitcoin is the vehicle " .It's a good example.
Yes, we are running bitcoin and bitcoin should not blamed. We should blame those who use bitcoin for bad purposes. The problem is these people always exist and we cannot ignore them.
Bitcoin is like a car and bitcoin users are like drivers. There are always some bad drivers. As bad drivers must be punished, bad users must be punsihed too. So regualtion is a must.
You are right. Bitcoin is not invented for bad purposes. But so many people are here take it as a bed purpose because of its hard security system. This is why they can do their illegal works safely. They are going through their misdeeds and nobody is able to catch them. This is really a serious problem. This is really a curse for Bitcoin. For this reason many people do not support bitcoin. We should stop this people those who have done these misdeeds. |
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The blockchain technology is the most secure transaction system of bitcoin. As it is very secure, so we have a lot of opportunities in it.
Firstly its hard security system. For its excellent security system no one can hack a blockchain wallet.
Secondly It working capacity. The blockchain technology works peer to peer. For this reason it is difficult to anyone to find out the transactions. And so the hackers cannot hack this technology.
Another, one of the best reason is no one can find out the transactions so it is really good for the persons those who save their money. Because people can fund their bitcoin in their blockchain wallet and when the price will increase then they could sale their bitcoin.
Thus blockchain helps us a lot. Above all I think that there are many opportunities we have in blockchain.
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Of course, you are right but you can earn a huge amount by mining. Bitcoin mining is a process by which you can generate bitcoin in your wallet. There are two way to generate bitcoin. The number one is hardware and the number two is software. It's better if you have a bitcoin mining machine that's mean hardware. By this mining method you have to spend a lot of electricity for the bitcoin that you generate. So it is said that it is an expensive matter. But that mining cost could yield a higher profit. Though bitcoin mining is costly but you can earn a huge amount profit by this mining process.
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Recently bitcoin has become the most valuable currency of the whole world. As it is the first decentralized digital currency and its security system is very hard. For this reason no one can hack the bitcoin at all. And so people are interested in bitcoin and they trust in it. Bitcoin has taken the public's mind to its privacy, security and its overwhelming value. That is why people support bitcoin and it quickly gained popularity. So it can be said that Bitcoin has no competition.
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Many countries do not support crypto as it is difficult understand. Moreover As it is a digital system and it works digital method it is secure. For this reason many people use it as an illegal task. Another people do not pay their taxes properly and the government cannot take this apology for the security system. It is really hampers for a country and its development. For this reason lot of countries do not allow to use Crypto.
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it can help in many ways especially it can help to have a progress in some economy in many countries especially to those who are poor counties
Yeah, bitcoin can helps the world's economy in different way in many countries especially those who are poor. But many countries of the world do not trust in bitcoin. Because they have no idea about bitcoin. For this reason the have banned bitcoin transaction from their countries. If those countries will support bitcoin and support it as a transaction system then those poor countries of the world can be helped from the bitcoin system. |
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Bitcoin is not invent for the illegal activities. It can be traded with very securely and nobody can track this transaction. For this reason, many illegal businessmen have chosen Bitcoin transactions for their illegal activities. But in this regard Bitcoin is not responsible in any way. For its powerful security system many criminals in the case of their illegal arms business, drug dealers have also chosen Bitcoin as illegal transactions in the drug market and police or any individuals can't track them for the security transaction system. For this reason many countries of the world can't support Bitcoin as a currency. But Bitcoin is really not responsible for this activities.
It is really a serious problem. Now-a-days it has become one of the most talk topic. As a result we have to suffer a lot. We are falling victims to this problem. If the technology change their background the Bitcoin's security system will be violated and we have to be victims of the attack of hackers. So the government should stop the crime not the Bitcoin.
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I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
No, Bitcoin has not reached in its goal. We all know the news in 2009 the Ledger of Bitcoin has started. Since then the Bitcoin is produced. It will continue to be produced until 2140. In 2140 the amount of Bitcoin will be 21 million. After that Bitcoin will not be produced. But this 21 million Bitcoin will be used. And then Bitcoin will reach in its goal. |
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Some people are asking, "How can Bitcoin helps the world's economic?"
I think this is the right answer. Bitcoin has become a currency for a nation that is currently supporting all kinds of people. Bitcoin has become as an international currency at this point. Once again, technologies help the world to solve its problems. This can raise Bitcoin reputation among economic discussions. And also will give positive mood to Bitcoin markets.
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In Zimbabwe Bitcoin ATM has installed. Cryptocurrencies supports: Bitcoin, Litecoin Location: Batanai Gardens in Harare 77 Jason Moyo Ave Here is the map's link: https://coinatmradar.com/city/1396/bitcoin-atm-harare/It is really a good news for the people of Zimbabwe those who support Crypto-Currencies and those who widely use Crypto-Currencies. |
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As Bitcoin is a digital decentralized currency, we can send it anywhere to any person. By the blockchain technology we can transfer our Bitcoin. As a result we can save money and time. It's security system also encourage many people. And so people trust in Bitcoin. For this reason Bitcoin has got this popularity. Now-a-days many people know about Bitcoin. also in many countries, Bitcoin is already being supported. And the belief of the people on it gradually increased further.
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