Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon.
bitcoin's future will really be great considering the fact that it is gaining attention from all around the world which may lead to it's prioritization within every nation. If someone wants to use bitcoin as a medium to become rich, he should first be willing to exert most of his time and effort with bitcoin. The time required depends on the way you earn money. Some ways are fast and easy but some are difficult and long but usually brings the greatest rewards. There are very much chances of bitcoin capturing the economy. Everyone is interested in bitscoins and buying and investing in it.
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Hi guys, I just want to know your views and opinion about the difference in Electronic Money (Bitcoin and others) and the Physical Money. Many people now a days are still confuse about the existence of the Bitcoin and how it differ from our Physical Money that we are using to buy necessity. I hope we could share and learn from each other. I think that both forms are money are now revolving in society but talking about future, which one will take over the economy is bit impossible because both have their pros and cons..physical currency is where give the more acceptance in society. But the electronic money is also coming with ace. People now prefer more and more electronic money than physical money. Electronic money has multiple benefits they come with. Electronic money has so many advantages like easy transaction and there is no involvement of third person. Easy transfer of money and you don't need to carry your purse you just need to remember your password.
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Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
In my views bitcoin is better than regular currency. You can spend it in a fraction, and it's prices are constantly increasing. And if we start using only one currency and that too in the form of bitcoins. If we use a single currency, this even thought make so many dreams unfold. If there will a single currency there will be no banks for imposing restrictions on transaction taking place all over world. There will be whole different world. This advancement will turn the whole economy balance, there will be no forgery, theft, no fear. Even crime rate will declined. Nobody is dependent on banks for extracting their money. There is a whole different world. There will be peace and there will no fights among countries on money based issues. Crypto currency will take over the money. People will enjoy the benefits of crypto currency like bitcoins. A whole better world. This is my point of view
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for example if we use the dollar it will certainly be bad news to see the habits of the corruptors in Indonesia, they will never do small corruption. What if they later corrupted $ 50 million or even $ 1 billion. Countries will be dizzy to tackle such corruption cases. that is if we use only one currency, for example the dollar currency
If we use a single currency, this even thought make so many dreams unfold. If there will a single currency there will be no banks for imposing restrictions on transaction taking place all over world. There will be whole different world. This advancement will turn the whole economy balance, there will be no forgery, theft, no fear. Even crime rate will declined. Nobody is dependent on banks for extracting their money. There is a whole different world. There will be peace and there will no fights among countries on money based issues. Crypto currency will take over the money. People will enjoy the benefits of crypto currency like bitcoins. A whole better world. This is my point of view.
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What do you think will benefit it?
Bitcoins benefits the society even citizens. bitcoin is the most know and most valuable digital currency in the cryptocurreny world. It reduces the unemployments in the society. Bitcoin is accepted worldwide and many big names come in forward to invest in bitcoins. Bitcoin needs acceptance and more advertisement. So that more and more people know About it. Still many people don't know about it. If we want to succeed it worldwide we need to advertise it and make people aware about it existence. Bitcoins is a worldwide crypto currency and still people know very less about crypto currency. So first need is to advertise about crypto currency and to make people understand it advantages.
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I think banks are really nervous with the trend by which bitcoin is coming in society. There is no time less when bitcoin will capture the economy. Bitcoin has so many advantages, like easy transaction, no fees is demanded like banks do. There is no time taken no lack of time. Bitcoin has caused a sense of fear of extinction in banks. As bitcoins offers more freedom and equality compare to banks. Bitcoin in a very less time has become more popular and valuable in comparison to gold. Bitcoin is a crypto currency but it has become a hug investment also. Big companies and names are coming forward for taking the Bitcoins and accepting bitcoins. Bitcoin is a new talk of the town. Bitcoin gives a variety of advantages and is globally accepted where as bank is run on one currency. I think this is the reason why bitcoin are created fear among banks.
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What do you think will benefit it?
I think more acceptance, and more investment help bitcoin. Bitcoins is already with so many uses and advantages. Bitcoin offers a number of benefits. Like easy transaction and easy transfer from one to another person. Bitcoin is globally accepted currency, and more investors are taking interest in bitcoin and needs more acceptance a. There are many companies coming forward for accepting bitcoins in exchange of their goods and services. And big companies like Apple, Google, Facebook are taking interestes in it. Even bilgatessays in his interview that he sees very potential in bitcoin in future.
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
I believe that saving bitcoins is better. As it's prices are skyrocketing. Bitcoin is become a major investment plan in last few years. It's global currency, There's many advantages of bitcoin that's vey helpful to our daily lives. That's why bitcoin is the most know and most valuable digital currency in the cryptocurreny world. Although the fee per transaction is quite high, this is the biggest disadvantage of btc. The biggest advantage of btc is that users can sit in one place and still be able to make transactions easily and make a significant profit.easy transaction. It's price keeps increasing and increasing. If you have bitcoin or invest in bitcoin your money may double or triple. You can use bitcoin as a mode payment.
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Bitcoin brings us all Freedom edited: https://bitcoin.org/bitcoin.pdf - by Satoshi Nakamoto - The Bitcoin White Paper https://bitcoin.org/ - Bitcoin.org - #1 Non Profit Home page for Bitcoin A beginner's guide to bitcoin http://www.coindesk.com/information/ Bitcoin is Freedom --------------------- Bitcoin is Freedom from oppression, exploitation & tyranny by Banksters. From cradle to grave we have all been financial debt slaves through the debt based fiat currency schemes that should have long ago been outlawed. Bitcoin offers People an avenue of Safe Haven that assures a fiscally disciplined currency. Bitcoin is vastly superior to traditional fiat currency schemes. Bitcoin brings all Peoples Freedom by forcing Decentralized Monetary Competition, and by doing that it will eventually force governments to become fiscally disciplined with their monetary matters, or suffer monetary failures repeatedly until they do. Bitcoin will ultimately free governments from their Bankster Masters (each countries Central Bank) when governments finally re-learn to print and issue their own debt-free currencies, while abolishing their existing Central Banks powers and controls over them. This will hopefully occur as the present system fails and governments finally realize they hold all the cards, not the Banksters. So simply put: Bitcoin is Freedom --------------------- Bitcoins has so many benefits and it gives freedom from banks, and their fees on transaction. Bitcoins is a worldwide crypto currency and digital payment system. Also called as a decentralised digital currency as this system works without a authority. It was invented by a unknown group of people by the name satoshi nakamoto in 2009. The system is peer to peer and transaction are made between people's without an intermediary. These transaction are verified by network node and recorded in public distributer ledge called block chain. Bitcoin are also be created and rewarded as a prize in a process called mining. It can be used as currency. It can be exchanged in return of currency or services or goods. With the increasing popularity of bitcoin, merchants and companies are investing in bitcoins and bitcoin is also become an investment. Bitcoin is become popular that according to a survey, it is find that bitcoin is the most used crypto currency worldwide and most of the people whom having an crypto currency are using a bitcoin wallet. Every advancement come see with pros and cons. So as bitcoin too. It has advantages and disadvantages as well as. Bitcoin is from the day of its starting in increasing in popularity and has been seeing a constant price hike in prices. It can be said that in future most of the people start using bitcoin as a payment method and investment more and more easily laid in it.
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I think that with this progress bitcoin is going there is no time less, when bitcoin will cross the gold prices and with its numerous advantages, like It reduces the unemployments in the society.It helps students or other people to have extra source of income.Easy transaction. It's price keeps increasing and increasing. If you have bitcoin or invest in bitcoin your money may double or triple. You can use bitcoin as a mode payment. You can earn bitcoin easily. There's a lot of ways in order for you to earn bitcoin. With so much benefits may be real money disappear by crypto currencies.
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To me, the advantage of bitcoin is it gives me a reason of always being with my phone and staying long in the internet, other than chatting with friends and at the end of the day nothing is gotten. And being in this forum is like being at work when I am back from work.. Lol. So, if anyone says it's a form of reducing unemployment in some countries, I'll accept that, despite the fact that you are not working with the countries concent.
I believe bitcoin has the potential to change the life and economy of human beings. Well, basically since the appearance of bitcoin most people who want to try and work hard to get many benefits in it. Because we can easily earn money without having to work hard or spend a lot of sweat, it is only mandatory on the computer screen and connected to the internet network our earnings can exceed most of the salaries of the top officials of a company. Although not all of the company's top brass, but at least can succeed to be someone who is worthy to live in peace. In addition we also get many other advantages, where indeed the reduction of unemployment persists but that all if the state status will remain unemployed. It's global currency, meaning you can transact to different countries it's easier since you don't need to convert your local money to their local money. It reduces the unemployments in the society. helps students or other people to have extra source of income. Easy transaction. It's price keeps increasing and increasing. If you have bitcoin or invest in bitcoin your money may double or triple You can use bitcoin as a mode payment.You can earn bitcoin easily. There's a lot of ways in order for you to earn bitcoin..
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I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?
many of those "many people" you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in 99% of the times wants the price to drop so he can either short bitcoin or because he has some buy orders placed ahead of time at certain low prices. i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make money. banks are in fact making a lot of money because of bitcoin, all these traders are using banks to handle their money transfers and there are lots of them . Layman's insecurity that is the reason why they hate it. They cannot hold it in their hands. It is intangible. They like holding paper, coins and plastic cards. All the old world stuff makes them feel comfortable. Bitcoin makes them uneasy and jittery. For they are not making any efforts to study it.
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I hear from many sources that btc is used for trading much more than it is for goods and services; doesn't that make it an asset ?? and is that necessarily a bad thing ?? and what can we do about it as a community ??
I think bitcoin is an asset as bitcoin is now daily increase in prices. People whom having bitcoin they are now saving it. And keeping for future opportunities. Best thing about bitcoins is that you can mine them and generat your own bitcoins. Bitcoin as a currency is also used as in exchange of goods and services or in exchange of other currencies. Bitcoin has come in existence from 2009 and since than its prices are increasing. Bitcoins come with advantages and disadvantages. Bitcoins are the new trend setter of today. The rate with which bitcoin has come in economy it's remarkable. Bitcoin is come to origin in 2009, and since its rate gas been increasing incredibly. Bitcoins has marked a great success in market. Time has come that bitcoin is become more valuable than gold. There is not time less that it will cost about 10000dollar. Best thing about bitcoins is its selling value is always increasing.
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what makes bitcoin appealing, in other words: what is the "breaking the ice" part about bitcoin that you can tell a newbie in a sentence or two, too pull them into this crypto journey BTC @millzp0
Bitcoins is a completely decentralised form of crypto currency that enables direct payments above Internet, by skipping a middleman a bank, a credit card company. Transaction are safe dur to use of cryptography used to prevent double spending, counterfeiting and theft. Easy transaction and without paying the transaction fees to these middlemans. Bitcoin is a fascinating concept of money transaction. Everything about bitcoins is attractive according to me.
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Bitcoins is a worldwide crypto currency and digital payment system. Also called as a decentralised digital currency as this system works without a authority. It was invented by a unknown group of people by the name satoshi nakamoto in 2009. The system is peer to peer and transaction are made between people's without an intermediary. These transaction are verified by network node and recorded in public distributer ledge called block chain. Bitcoin are also be created and rewarded as a prize in a process called mining. It can be used as currency. It can be exchanged in return of currency or services or goods. With the increasing popularity of bitcoin, merchants and companies are investing in bitcoins and bitcoin is also become an investment. Bitcoin is become popular that according to a survey, it is find that bitcoin is the most used crypto currency worldwide and most of the people whom having an crypto currency are using a bitcoin wallet. Every advancement come see with pros and cons. So as bitcoin too. It has advantages and disadvantages as well as. Bitcoin is from the day of its starting in increasing in popularity and has been seeing a constant price hike in prices. It can be said that in future most of the people start using bitcoin as a payment method and investment more and more easily laid in it.
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I guess the better way is to deposit your bitcoin to exchanges who supported bitcoin gold because with that you will make free money and there is no risk on that. The reason why the price is up now is because people wants free money and I would say it's good to grab this opportunity now.
But no exchange have announced about them supporting bitcoin gold, so it's better to keep them in the wallet through which you can extract your private keys and then claim the bitcoin gold allotted to that wallet. and my aim is to get the bitcoin gold and when it's price increase above $1000 then sell it and when it come back to around $300 buy it back. So that I'll the privilege of holding both bitcoin and bitcoin gold.
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for long term purpose, which is better to invest in , Bitcoin or Ethereum ? Lets discuss that ..
Investing in bitcoin is more profitable than investing in ethereum, as ethereum is right now constant in price but bitcoin is skyrocketing.
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I See topics about banning and I want to ask.
Is botcoin really that bad? To banned by other countries? Do the other government in other countries see something bad? Can bitcoin be used to locate us?and see what we are doing? In short a Spyware.
No bitcoin isn't at all bad, it is free from corruption, no one can forge it and is also transparent. Other countries simply see bitcoin as a currency that is used to buy drugs on darknet and thus want to ban it. No bitcoin can't be used to locate us as our IP address isn't shared with the world, and when we do a transaction, the IP address shown in it is the IP of the relay node and not our original IP, so there is no worry using it.
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Payments have been sent to those who qualified. This campaign is now over, you may remove your sigs.
Thanks yahoo, recieved the payment.
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