There are a lot of things that can hinder bitcoin adoption, or potentially cause serious harm. There is already a proposed 2x hardfork potentially going to happen soon (in my personal opinion is an attack), the 51% attack, exchange manipulation, exchange regulations, AML/KYC overreaching, FUD, countries banning bitcoin, bitcoin cash, hackers... There are always so many forces acting on bitcoin it is amazing it is still standing strong, I love it.
Yes, I agrees with you on that things mate, even there's so many attempted to turn down bitcoin, but still up to now bitcoin stand still and became more stronger. And what good about it the demand of the bitcoin users and whale investor was also supported bitcoin in times like this of bitcoin faces circumstances. No one can take down the mother of crypto currencies. Let them put as many hurdle as haters can in the way of bitcoins and let them learn a lesson for lifetime when BTC will crush all these freaky little jerks beneath its feet. Never ever underestimate Bitcoins and its community! Sorry! Got a little bit overemotional |
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Everyone of us will be gone after one hundred(100) years. But the bitcoin? Butcoin will remain on this planet like fiats. And on the next generation will be the one who use bitcoin as their source of incomes and making it grow by their own. Bitcoin will be as the the one ruler after 100 years. Because many investors want bitcoins cause of its high value.
There is no way to terminate this technology and to erase bitcoins from the face of the Earth. Bitcoins will live longer than any of us maybe for as long as this planet is going to survive. Next generation will definitely make its financial deals in crypto currencies especially bitcoins. |
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We are on the right path. C'mon bitcoin. Let prove to us that you can become better, greater and more expensive. More investors have spent more and more money on bitcoin. Not only bitcoin, the whole crypto market has also increased, too. Cryptocurrency is now the trend of this decade
bitcoin already proved us that bitcoin is better and more expensive coin that why bitcoin user increase day by day and every one invest their money in bitcoin bitcoin provesthat the day will become very soon every one will invest thier money in bitcoin and our country money will have no value and every one accept just bitcoin. |
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Probably kids understand bitcoin, if there is a lot of pictures in explaining the concept of bitcoin. they easily understand what bitcoin all about because kids want also to play. if there is a lot of funny videos when you are explaining to them, they love to watch and listen to you discussion right away. They eventually kids understand. try it if ever..i hope through my message kids understand yet.
You are quite expert at handling kids and know very well about their psyche. Undoubtedly kids are very much attracted towards visuals and that too colored ones. The usage and importance of bitcoins is if explained to them via some animated video or cartoons, they will within no time grab the idea and love to play for bitcoins. Yes most of the kids now are mostly attracted in the animated video and cartoons that have a good story. It is better way to use animation videos for teaching bitcoin to the kids because their curiosity may become work on how to make it in reality and through animation their mind are become interested in every situation that they have been seen in the videos. Animations should be involved in teaching new concepts to kids like bitcoins and their effects on the financial world and on our lives. If kids are shown things like a cartoon character plays games and wins bitcoins. He is using them to buy his favorite toys, gadgets etc. such things will definitely work for kids. |
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Have you ever wondered how would the world's economy be like in the future as a cashless society? Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more. If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology. Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies. Nevertheless, I would like to know your opinion about this.  Cashless society is the future but not going to happen anytime soon. The society will have to go through a long reform process and the main bottleneck to that process is the politicians. They would not want anything that will make their property and cash visible to the public. They will prefer cash hordes instead of depositing it in to their bank account. However, if the blockchain technology gets adopted by the government and creates a public ledger, it will go against the corrupt groups and have their black money reveled. It's easier said than done. I think we already are. When we hear the word "Cashless" I assume that we are thinking about Bitcoin payments only. But credit cards, debit cards, and Paypal are all considered cashless payments in our day long before Bitcoin was even created. I really think that we are living in a cashless society right now but not all of us prefer to use cards and internet due to many reasons. Indeed! We are already using plastic money. We are having all those facilities that can be attributed to a cashless society. Cashless society if here is referring to a society where there is not even a slightest mark of paper money, than it is only possible in dream world. People are never ever going to quit cash forever. |
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You forgot one of the most important ones, the developers, if they are willing to show their faces and true identities and put their reputation at risk then it is more likely they are going to try to make the project a success than if the devs are people that no one knows.
This part was not there at the beginning after all Satoshi didn't have to show himself to make bitcoin a success but because of the way people who lack morals have infested the whole crypto-space, its not only now that its required but its the key and not only for the developers but equally for the entire team but that is still not the only overriding factor because they may show their face and still scam. The success is a workable project and a sincere team and that's a key feature of a successful project. In a perfect world that would not be needed and we could trust in the developers of the coin without knowing who they are but with so many scams around the forum then the only solution is to know the developers and make a research on them, obviously satoshi was an exception to all of this. Knowing the developers obviously helps build confidence in the coin. But sometimes, the idea speaks for itself. Moreover, there are governments which might not take too kindly to developers who advocate currency with anonymous features. So the developers may choose to stay anonymous / pseudonymous. Then at least we can say that knowing the identity of the developers depend on the project, for projects focusing in anonymity it makes sens the developer remain anonymous but for the rest of the projects it is better if the developers are known so we can hold them accountable. Haha! They go anonymous so that we can’t have their accountability, do you really think developers are going to expose themselves no matter how bad or good their coin is? I personally don’t think we should be concerned with the identity of developers. Our major concern is the success of project, that’s it. |
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i guess it is not possible as the bitcoin price today many of the traders still trades it, and we all know that many countries supporting this coin and no one will stop this bitcoin for sure, that's for sure.
the price of the bitcoin is increasing and it is not possible to make it down because it is increasing in the power as well. We really don’t know what will happen in the future but now it is at the highest of its price and it is not go down for more than 5 or 6 years. If it will go down then it will be a bad surprise because there is a reason for it to happen because bitcoin is already gone so high so it will take a lot of time to get down. bitcoin reach the highest level of price that i ever know and i am very happy to heard it. bitcoin has so huge of users and with all of bitcoin's users they will not do anything if the price of bitcoin will go down (whenever it possible) it means their assets will lose. Nowadays, bitcoin has become increasing its value. This means there is more demand and more users into bitcoin. Exactly, we really dont know what might gonna happen in the upcoming years about bitcoin. But one thing I can see and observe for now it will not lose it's value the more users the value will continue to increase. Bitcoins are new in the world and they are going to last till the world ahs internet. I don’t know why people are really worried about bitcoins’ losing their values. Nothing like that is going to happen. They are going to flourish beyond our imaginations. We should just wait and watch. |
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It is all based on the market cap. Right now the market cap of Bitcoin is close to $100,000,000,000 and gold is $8,500,000,000,000,000... it is safe to say gold alone is far more powerful.
Gold will be the most promising investment and it will never get old. And comparing it to 8 year old coin (bitcoin) isn't fair. But if we will base everything to the progress, we had to admit that bitcoin is one of the fastest growing investment world wide. Many haven't seen this type of increase and all are thinking that this is a manipulated coin and the market cap of it is a joke. Bitcoin can not compared towards gold cause these on different level and mechanism. gold was recognized by all of the world that have existed become thing which has a value since thousands years ago. rather than bitcoin is a new currency that work as crypto since 8 years ago. we can not compare both so well. Yep! We definitely can’t compare gold and bitcoins. Both have different histories and are serving different purposes. Gold is used in jewelry and many other ornamental things while nothing such is possible with bitcoins. Bitcoins is the form of investment and many people are investing into both gold and bitcoins to have safe future. |
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I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
Yes bitcoin is very good for investment.But bitcoin investment is very risky.you have to take risk.Than you can make good interest.You have to know lot of experience about investment.Than you can Start investment. that's a must do before investing in any sort of investment knowing the basic and always try to find or learn for more information is your advantage bitcoin is a good one for people who knows how to play smartly and have a big nerved to adopt certain changes especially the downfall. Those who can adopt or willing to take some risk can invest in btc,it is indeed a good way to invest for it's value increases in time and there are more developments and plan that are being put for btc these days, plus with advantages we can get if ever we invested on ICO too. Indeed, now a day bitcoins are among the most profitable investments. People are really crazy about holding bitcoins now since bitcoins have proved their potentials of making all of us rich many times. Bitcoins should never ever be taken light for they are the future of businesses and industries as well. |
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Because bitcoin can already make some payments and business, so currently bitcoin has power, although its own bitcoin is still not acknowledged by the bank.
the power of the bitcoin is increasing with the acceptance of the bitcoin. Bitcoin is now trusted by almost everyone where none of other currency can do it and the power of the bitcoin is because of the popularity among the people. It has become more secure just in last two years taking a look of the bitcoin performance we will know how much it has done for us. The price of the bitcoin is much higher than the starting price of the bitcoin. |
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I can see a very good future of bitcoin. Because its price is growing rapidly. Next 3 years bitcoin value will worth upto $60000 . People will be more sucure to transaction by bitcoin rather than bank or credit card
if I make a prediction then in 5 year bitcoin will be the most popular currency of the time but it is good to think about the good future of the bitcoin. the bitcoin is most popular today and it will be the highest digital currency ever after just a few years according to me and a lot of countries will accept bitcoin as a legal currency, people will pay the school fee with bitcoin and online shopping will be very common every where my prediction is very strong and positive about bitcoin. |
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i guess it is not possible as the bitcoin price today many of the traders still trades it, and we all know that many countries supporting this coin and no one will stop this bitcoin for sure, that's for sure.
the price of the bitcoin is increasing and it is not possible to make it down because it is increasing in the power as well. We really don’t know what will happen in the future but now it is at the highest of its price and it is not go down for more than 5 or 6 years. If it will go down then it will be a bad surprise because there is a reason for it to happen because bitcoin is already gone so high so it will take a lot of time to get down. |
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What is the way to stop Bitcoin from being a bear market?
If people keep using bitcoin for their everyday transactions then I think we can stop the price of bitcoin from falling. The price would keep increasing rather than falling since bitcoin follows the principle of demand and supply. The more demand the higher the price it is true that the price of the bitcoin is increasing and it can make bitcoin stop from falling and we cannot stop the price of the bitcoin even when it is going down or it is increasing. If we will share our knowledge with our friends about bitcoin and if we will advertize bitcoin then it will increase the popularity of the bitcoin and more people will use bitcoin and in this way we can make a try to stop bitcoin from crashing. |
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Main reason to invest in bitcoin, is because i feel the nature of real investment, because profit also a goal. As well as limited supply of bitcoin that makes me feel need to invest in bitcoin.
I am strongly agreed with the reasons you given in the comment bitcoin value and the price is being appreciated in all over the world. The bitcoin is a digital currency and the future of the people is dependent on it the bitcoin is very secure, easy to use, decentralized and the transaction fees is very low now these are the features that can make the people to invest in bitcoin. So bitcoin investment can make you earn good income now and in the future as well. |
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You have the point it really more convenienced for travelling people but this is also possible if the establishment or lets say the money changer itself is also engage in bitcoin investment that they will receive bitcoin and other coins but still requires a minimal or less service fees in all of their transactions but it minimize the hassle atleast.
I think bitcoin is the best currency to take along with you because it is very reliable and convenient to use. Bitcoin currency is famous and acceptable in several countries it made bitcoin more powerful than before. It is now using for the traveling because it is easy to carry with you and you can make a profit by keeping your bitcoin in your wallet it will make bitcoin more powerful than before and also good for the future of the bitcoin. |
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I think of government in completely different way. They are government, the body which is eligible to make changes in the system and to create the rules for the nation so that it can run smoothly and in peace.
They will do bring the revolutionary technology like bitcoin into effect if they want to by changing the rules and regulation simply. There is no way we can underestimate the power of government. Who knows they might just be developing the new ways of implementing the crypto currency in the system.
well it is true that bitcoin is based on the government and the society but government of our country is not gona legalize bitcoin this is the problem we are facing today the government institutes are investing in bitcoin but they are not accepting bitcoin regularly because they want to make money but they not want to make bitcoin the more popular and the valuable currency more than their paper money but hope and hope is the best may be they took pity on bitcoin soon. |
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in my opinion to is get profit in better amount is that you should hold btc for a log amd and then sell it for your profit with increase price . in this way we can get profit with small risk .
The question is when the best time to sell , and if you have big amount in your balances , it doesn't matter as long as you can divided your balances into different source . But , hold it for the few years without spending , it's lazy way to earn for me. Holding is not a bad way unless you have some other sources for earning as well and those ways must be increasing your held bitcoins, but if you just have some bitcoins and doing nothing but just holding them then that is really not a good decision. Yeah and to make profits from only holding you need to wait for a long time as you never know when price will g o higher, so its good to trade with them to get regular profits and also to increase the level of coins. But trading is also high risk until you dont have good bankroll, you can do is giving your skills for bitcoin payment and like this you will start to earning bitcoins and you can save big and even do some investment of holding them. Holding is safe but not profitable, if can give you good profits only if price goes higher but the number of coins will be the same it will not grow by holding, even if you trade with small amount it can increase the level of your coins slowly and steadily. Yes,holding of bitcoin is safe but I don't agree when yu said holding of bitcoin is not profitable cos holding is profitable. Are you saying some people that bought bitcoin when the incident of bitfinex happen don't make any profit now that the price of bitcoin is $625? Holding bitcoin can give us a bigger profit and with that we will have the chance to become rich but we cannot say it as a steady income per month etc, as in some times the price of bitcoin increases in some times it drops a little and in some times it remains stable. so with holding we have to start another business also. I agree man best way to get steady income is hold ur bitcoin for a long time or always join and signature campaign to ear a lot of bitcoin for ur future money. Or go to any faucet but its so small amount of bitcoin u can get all you need is workhard and be patience. At some point it is true, so the main point is this, while working here in the forum and once you already earned bitcoin just hold it for good right? well this sounds also interesting but we do not know what might come unto us, keep in mind that this is not the only thing we have to focus, there are also lots of stuffs we need to do daily, and in my own experience, I have a day time job in an office, while after I got home I used to work here in the forum as my side job and earn BTC. you are right holding bitcoin is one of the best option to make steady income it will increase your money for sure. Trading and signature campaign is one of the best options if you have good patience to hold your bitcoin for long time because it is easy to make money through trading. Just keep in your mind that you are trading just for profit and don’t sell your bitcoin when you see a little dump and signature campaign is also one of the best options for the trading. |
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Yes theres a possiblity that everyone will be using bitcoin in 2022 ,its because of the technology of what we have today and as years passed our technology upgrades, therefore on that year we will see everyone even the young one is already using bitcoin.
if the price of the bitcoin will keep on increasing then it will grow worldwide someday there is no doubt the bitcoin currency is being use by all around the world. Bitcoin is being use by 80% of the population today and till 2022 it will be more than 90% and it is very good for the future of the human being as well so for me bitcoin is one of the best currency that is growing very fast and till 2022 it will be a rock star |
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The price of the currency is determined by the laws of demand and supply, since there is no central bank to direct the affairs, it is determined mainly by these laws the higher the demand and the lower the supply then the higher the price and vice versa
the price for this decentralization is determined as the people use to pay for. The price and the value of the bitcoin are increasing and a lot of people are interested in buying bitcoin and it is making the price of the bitcoin more and higher. People are paying more than before and it is just because of the high price determination. |
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the main reason is that bitcoin is not only a type of money, it is also a kind of investment and therefore, investors buy bitcoin in order to multiply their money in the future. And there are also many traders who sell and buy bitcoin frequently to make money. Therefore, the price of bitcoin easily be affected and it is volatile.
there is nothing so uncertain in the value of the bitcoin. Because the bitcoin value is indeed volatile. If you are not so much sure about your investing process in bitcoin then you should go for learning first instead of investing without knowledge. Having fine knowledge about bitcoin and having hard work nature can make you earn good profit so bitcoin is volatile and it is good to have bitcoin indeed. |
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