|
Hahaha LOL
For over nine years no hacker has ever been able to exploit bitcoin's protocol!
Yet everywhere else in the world it seems like every major company or any crypto exchanges get hacked all the time! Shows how insecure everything else is and how secure Bitcoin is. Never trust another company or person with your bitcoin.
Now...if fiat/credit supply stopped growing, then house prices, stock prices, financial assets would crash significantly in value.
Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.
Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.
Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.
Popularity of Bitcoin will begin to explode with lightning in the next year.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.
All other altcoins in relation to bitcoin are worthless - more on this below;
All other "blockchains" are more private worthless databases, my old nokia phone can do worthless databases. Other blockchains are simply scams.
Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.
Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade
Above are just small examples.
First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.
Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...
Why are altcoins relatively worthless compared to bitcoin?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.
Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold).
For global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc), the fiat bubble system broke a couple of decades ago.
Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with (the following whether good or bad):
-regulatory burden on fiat banks & system (incredibly costly)
-inflating fiat to keep house-prices from collapsing
-inflating fiat to keep stock market rising
-financing conflicts, bombs, and "aid"
-backstopping insurance frauds
-costs of auditors and budgetors and accountants checking the same thing in governments and businesses
-big insurance loss-events
-unemployment & other welfare costs
-stabilize regions after natural disasters
-keeping monopolies with internet access and information centralized and search engine crawlers centralized
-officially sponsored "money laundering"
-backstopping credit chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
Bitcoin, systemically, is free from these limitations and burdens.
|
|
|
|
|
Hahaha LOL
Dont you see the irony? Fiat has been dying while bitcoin growing!
If fiat/credit supply stopped growing, then house prices, stock prices, financial assets would crash significantly in value.
Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.
Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.
Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.
Popularity of Bitcoin will begin to explode with lightning in the next year.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.
All other altcoins in relation to bitcoin are worthless - more on this below;
All other "blockchains" are more private worthless databases, my old nokia phone can do worthless databases. Other blockchains are simply scams.
Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.
Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade
Above are just small examples.
First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.
Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...
Why are altcoins relatively worthless compared to bitcoin?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.
Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold).
For global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc), the fiat bubble system broke a couple of decades ago.
Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with (the following whether good or bad):
-regulatory burden on fiat banks & system (incredibly costly)
-inflating fiat to keep house-prices from collapsing
-inflating fiat to keep stock market rising
-financing conflicts, bombs, and "aid"
-backstopping insurance frauds
-costs of auditors and budgetors and accountants checking the same thing in governments and businesses
-big insurance loss-events
-unemployment & other welfare costs
-stabilize regions after natural disasters
-keeping monopolies with internet access and information centralized and search engine crawlers centralized
-officially sponsored "money laundering"
-backstopping credit chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
Bitcoin, systemically, is free from these limitations and burdens.
|
|
|
|
|
Hahahahaa. Hilarious.
LOL
If fiat/credit supply stopped growing, then house prices, stock prices, financial assets would crash significantly in value.
Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.
Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.
Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.
Popularity of Bitcoin will begin to explode with lightning in the next year.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.
All other altcoins in relation to bitcoin are worthless - more on this below;
All other "blockchains" are more private worthless databases, my old nokia phone can do worthless databases. Other blockchains are simply scams.
Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.
Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade
Above are just small examples.
First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.
Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...
Why are altcoins relatively worthless compared to bitcoin?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.
Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold).
For global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc), the fiat bubble system broke a couple of decades ago.
Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with (the following whether good or bad):
-regulatory burden on fiat banks & system (incredibly costly)
-inflating fiat to keep house-prices from collapsing
-inflating fiat to keep stock market rising
-financing conflicts, bombs, and "aid"
-backstopping insurance frauds
-costs of auditors and budgetors and accountants checking the same thing in governments and businesses
-big insurance loss-events
-unemployment & other welfare costs
-stabilize regions after natural disasters
-keeping monopolies with internet access and information centralized and search engine crawlers centralized
-officially sponsored "money laundering"
-backstopping credit chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
Bitcoin, systemically, is free from these limitations and burdens.
|
|
|
|
|
If fiat/credit supply stopped growing, then house prices, stock prices, financial assets would crash significantly in value.
Popularity of Bitcoin will begin to explode with lightning in the next year.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.
Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.
All other altcoins in relation to bitcoin are worthless - more on this below;
All other "blockchains" are more private worthless databases, my old nokia phone can do worthless databases. Other blockchains are simply scams.
Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.
Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.
Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.
Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade
Above are just small examples.
First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.
Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...
Why are altcoins relatively worthless compared to bitcoin?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.
Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold).
For global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc), the fiat bubble system broke a couple of decades ago.
Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with (the following whether good or bad):
-regulatory burden on fiat banks & system (incredibly costly)
-inflating fiat to keep house-prices from collapsing
-inflating fiat to keep stock market rising
-financing conflicts, bombs, and "aid"
-backstopping insurance frauds
-costs of auditors and budgetors and accountants checking the same thing in governments and businesses
-big insurance loss-events
-unemployment & other welfare costs
-stabilize regions after natural disasters
-keeping monopolies with internet access and information centralized and search engine crawlers centralized
-officially sponsored "money laundering"
-backstopping credit chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
Bitcoin, systemically, is free from these limitations and burdens.
|
|
|
|
|
Others above gave good points, however in the constraints of this world where nothing is backed by physical commodity, intrinsic value can be derived in relational terms to fiat supply. If fiat globally were fixed, bitcoins price would remain low. However, the opposite is true, fiat (includes credit) globally expands in an unchecked manner and if you wait a decade, the supply is up exponentially....this in turn has led to exponential growth in the deflationary, fixed supply currency called Bitcoin. Bitcoins price will always rise as long as we have a global dominated central-bank led fiat currency world.
If fiat/credit supply stopped growing, then house prices, stock prices, financial assets would crash significantly in value.
All other altcoins in relation to bitcoin are worthless - more on this below;
Popularity will begin to explode with lightning in the next year.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.
Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.
Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.
Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.
Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.
Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade
Above are just small examples.
First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.
Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...
Why are altcoins relatively worthless compared to bitcoin?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.
Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold).
For global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc), the fiat bubble system broke a couple of decades ago.
Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with (the following whether good or bad):
-regulatory burden on fiat banks & system (incredibly costly)
-inflating fiat to keep house-prices from collapsing
-inflating fiat to keep stock market rising
-financing conflicts, bombs, and "aid"
-backstopping insurance frauds
-costs of auditors and budgetors and accountants checking the same thing in governments and businesses
-big insurance loss-events
-unemployment & other welfare costs
-stabilize regions after natural disasters
-keeping monopolies with internet access and information centralized and search engine crawlers centralized
-officially sponsored "money laundering"
-backstopping credit chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
Bitcoin, systemically, is free from these limitations and burdens.
|
|
|
|
Well we used to have a Barter System where we used to exchange goods with other goods such as Rice, Maze etc. But we used to give exchange it in Units such as gm, kg, Tone etc. This was back 300 Years ago now in this 21st Century.
Now, we have Developed a Technology where these exchanges can be Divided into small units. 1 Bitcoins can be divided into 1.00000000 units. This will help reduce the issue of Inflation because the system is designed to make Bitcoins to be finite as only about 21 million Bitcoins will ever be released into the system hence the inflation will not be much.
Transfer of money will be easy as compared to current situation. No extra payment needs to be done and no third party is required. You can even transfer your money through e-mail, Image, any Digital imaginable form.
This will also relief us from the Central Bank Monetary Policy. Which I couldn’t understood in details. If we don’t use the system(paper money) I believe we should not be oblige to pay taxes. What gov do in Short, First they Create Paper Money, Then it will be earn by the People, Then they say that the services which was used by you need to be paid for. Then will take back Certain percentage Back
Yes but globally fiat credit issuance is out of control. They issue so much fiat supply that it puts some of the worst altcoins to shame. |
|
|
|
|
Popularity will begin to explode with lightning in the next year.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.
Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.
Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.
Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.
Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.
Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade
Above are just small examples.
First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.
Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.
Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold)
|
|
|
|
|
bitcoin can no longer go down to zero because it is has the most computationally secure, transferable value.
some altcoins could possibly go to zero.
Altcoins are known as "scamcoins" for a reason - they will die a relative death. Bitcoin will prevail.
Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.
Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.
Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.
Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.
Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade
Above are just small examples.
First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.
Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.
Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold)
|
|
|
|
I notice a lot of posts here and in the altcoin section are talking about the end of crypto and BTC due to this or that. Here's the thing: BTC has had negative press since its creation. Many countries have issued press releases that they're banning cryptocurrencies, BTC, exchanges, or something similar. As any investor that has been in the game for more than a couple of months should know: bad news about banning bitcoin is a regular occurrence and is to be expected!. It existed when Bitcoin was $80, $1000, and it will certainly exist even more as it is $10k.
It makes me wonder whether people here on this forum and investors generally understand what the purpose of blockchain technology is. The entire purpose of it is to create a trustless system that cannot be shut down by government. You see, I thought this was basic common knowledge, but it seems from a lot of the posts here that people are unaware of this. Perhaps there's too many speculators that have recently entered into the market here only hoping to make a quick buck without understanding what their investment is. They don't understand that government opinion is irrelevant to the success or failure of blockchain because decentralized blockchains cannot be shutdown.
What is the most recent craze? Is it South Korea banning crypto? Or India this time? When will investors here understand that the blockchain does not have any central location whereby it can be shut down. I suggest everyone that's creating topics here and elsewhere talking about the end of crypto to finally research and understand what they're investing in. You're investing in a future technology whereby the constantly changing whim of governments and banks can no longer influence your monetary freedom. Government press releases trashing or banning crypto should be taken as good signs that very powerful centralized and corrupt institutions are starting to see your investment as a serious threat. Because if you are going to be part of the new elite, you should grow some balls and accept that the current establishment won't be happy that you can retain value they can't control, they'll do everything and say anything to make you part with your investment. Do you think power with the transfer of wealth comes with feel-good vibes from the elite you're taking it away from? It doesn't. Consider all these attempts good news that blockchain is working and the current establishment is threatened, but never think for a moment your investment can actually be shut down, because it cannot.
No worries friend. This is just a short-term cycle. The world will learn the power of Bitcoin with time. Altcoins are known as "scamcoins" for a reason - they will die a relative death. Bitcoin will prevail. Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion. Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years. Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange. Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide. Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it. Those trying to undermine and manipulate bitcoin stem from the central bank system around the world; -the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity -the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade Above are just small examples. First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old. Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled. Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?: If it can be shutdown, and have assets frozen by a bank or government, there would be no value If it wasn't secure, there would be no value. If it wasn't immutable, there would be no value. If it wasn't globally distributed, there would be no value. If it wasn't so strong, open-source decentralized and unstoppable, there would be no value. If it wasn't so scarce, there would be no value. If it was easy to spam transactions, there would be no value If it required a central 3rd party to function, there would be no value If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin"). If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead. If it was exactly like fiat and only did transactions, there would be no value. Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values. Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold) Reply |
|
|
|
UPDATE: [SNIP] UPDATE: as noted above 'combination' = BTG + litecoin + monero + vertcoin + groestlcoin predicted to be become 5x BCH's market value Predicting Bitcoin Cash (BCH) will be the worst and will fall in relative terms while everything else grows relative to BCH. Real Bitcoin is most superior in store of value now and going forward - lightning network emerging! Lightning network and Bitcoin's superiority will be the story of the year. Altcoins have experienced and may likely continue to experience a relative death. Will reiterate - great entry point to buy Bitcoin at these levels. |
|
|
|
I'm rooting for Bitcoin Gold! Also mining it.
[SNIP]
Any "Bitcoin Gold"-like offshoot of Bitcoin that is GPU mineable, leverages Bitcoin's blockchain and user wallets, keeps scarce supply, open-source, and small blocks, I am all for.
In the longterm, I see no reason why this altcoin wouldn't be worth more than 1.5x price of altcoin "Bitcoin Cash".
In fact, I wouldn't see why the combination of coins of ["Bitcoin Gold", Litecoin, Monero, Vertcoin, Groestlcoin] wouldn't be worth more than 5x of altcoin "Bitcoin Cash"
Today in market cap terms; we have
altcoin Bitcoin Cash $21B
altcoin Bitcoin Gold ~$2.5B
litecoin 3.3b
monero 1.9b
vertcoin 0.2b
groestlcoin 0.04b
I predict longterm 1BTG=1.5"Bitcoin cash"; currently 1BTG = 0.12
I predict longterm [the combination]=5"Bitcoin Cash", currently [combination] = 0.38
Thus I predict a hard fall in relative terms for BCH
For the time-being, I'm mining Bitcoin Gold.
And I am holding onto both my Bitcoin Gold, as well as my real Bitcoin.
Go Bitcoin Gold!
[for reference, today, real bitcoin sits at $110B]
UPDATE: Today in market cap terms; we have altcoin Bitcoin Cash (previous 11/14/2017: $21B -> now $23.4B altcoin Bitcoin Gold (previous 11/14/2017: ~$2.5B-> now $5.1B litecoin (previous 11/14/2017: 3.3b-> now $4.8B monero (previous 11/14/2017: 1.9b-> now $2.8B vertcoin (previous 11/14/2017: 0.2b-> now $0.2B groestlcoin (previous 11/14/2017: 0.04b-> now $0.04B I predict longterm 1BTG= 1.5"Bitcoin cash"; previously 1BTG = 0.12-> now 0.21I predict longterm [the combination]= 5.0"Bitcoin Cash", previously [combination] = 0.38 -> now 0.55Thus I predict a hard fall in relative terms for BCH [for reference, real bitcoin previously at $110B-> now $171B] as noted above 'combination' = BTG + litecoin + monero + vertcoin + groestlcoin predicted to be become 5x BCH's market value Predicting Bitcoin Cash (BCH) will be the worst and will fall in relative terms while everything else grows. as noted above 'combination' = BTG + litecoin + monero + vertcoin + groestlcoin predicted to be become 5x BCH's market value Predicting Bitcoin Cash (BCH) will be the worst and will fall in relative terms while everything else grows relative to BCH. Real Bitcoin is most superior in store of value now and going forward - lightning network emerging! |
|
|
|
|
Great article.
Very valuable post, thank you Hydrogen.
When will people learn and realize? Altcoins are known as "scamcoins" for a reason - they will die a relative death. Bitcoin will prevail.
Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.
Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.
Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.
Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.
Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade
Above are just small examples.
First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.
Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.
Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold)
|
|
|
|
|
Altcoins are known as "scamcoins" for a reason - they will die a relative death. Bitcoin will prevail.
Bitcoin's blockchain is the only unique one to provide the most security in a decentralized, global, incentivized fashion.
Bitcoin's price will be at the very least more than 4 times (400%) of todays price in 5 years.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.
Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.
Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.
Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade
Above are just small examples.
First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.
Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.
Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold)
|
|
|
|
Bitcoin is going down what is the best thing to do for newbies in CRYPTOCURRENCY world specially to those who worried about their BITCOIN that purchase in high amount?
THis is the time to buy more. IN 5 years price will be at the very least 4x/four times today's price. Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange. Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide. Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it. Those trying to undermine and manipulate bitcoin stem from the central bank system around the world; -the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity -the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade Above are just small examples. First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old. Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled. Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?: If it can be shutdown, and have assets frozen by a bank or government, there would be no value If it wasn't secure, there would be no value. If it wasn't immutable, there would be no value. If it wasn't globally distributed, there would be no value. If it wasn't so strong, open-source decentralized and unstoppable, there would be no value. If it wasn't so scarce, there would be no value. If it was easy to spam transactions, there would be no value If it required a central 3rd party to function, there would be no value If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin"). If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead. If it was exactly like fiat and only did transactions, there would be no value. Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values. Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold) |
|
|
|
|
Concerted timed attack of news by scam of tether (symbol: USDT) with Bitfinex, fearful news of regulatory crackdowns, and typical manipulation or FUD attacks from DCG (Digital Currency Group) companies. Altcoins are known to be "scamcoins" for a reason - they will die relative deaths and Bitcoin will always prevail.
All these attacks will be fruitless and have only providing an amazing buying opportunity today - in 5 years time, BTC's price will be at least more than 4 times current level.
Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange.
Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide.
Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it.
Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade
Above are just small examples.
First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.
Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead.
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.
Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold)
|
|
|
|
The best way to explain bitcoin to someone is to teach them the basics of bitcoin and let us show us the evidence we can earn.
I think practice is the best teacher. Or you can try a small amount of investment, slowly explore the bitcoin world. This is a great idea. Practice makes perfect. As the OP of this topic, I'd like to re-iterate some other important points about Bitcoin; Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange. Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide. Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it. Those trying to undermine and manipulate bitcoin stem from the central bank system around the world; -the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity -the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade Above are just small examples. First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old. Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled. Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?: If it can be shutdown, and have assets frozen by a bank or government, there would be no value If it wasn't secure, there would be no value. If it wasn't immutable, there would be no value. If it wasn't globally distributed, there would be no value. If it wasn't so strong, open-source decentralized and unstoppable, there would be no value. If it wasn't so scarce, there would be no value. If it was easy to spam transactions, there would be no value If it required a central 3rd party to function, there would be no value If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin"). If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead. If it was exactly like fiat and only did transactions, there would be no value. Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values. Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold) |
|
|
|
Who's excited about Lightning network and decentralized exchange "cross-chain atomic swaps"  |
|
|
|
I don't think it is possible for the central bank all over the world to stop the generation and existence of its fiat currency. Currently fiat currency is still the existing currency that all people and nation accepts. It is also the basis of the value of the bitcoin that we have. Fiat is still the nations official accepted currency.
I didn't ask or say about stopping existence of fiat. I said when will they stop generating so much EXTRA and MORE credit and fiat? Its like the worst scam alt coin where the coin supply gets larger and larger. |
|
|
|
|
On this exact topic - what do people here on this forum know about the lightning network to be released for Bitcoin?
|
|
|
|
In my opinion no one can defeat bitcoin price or value and also it defends on the honesty of the investor, bitcoin is the way to be rich and this crytocurrency make your life better in the future that's why many people are still believe in bitcoin.
If the price of bitcoin is continue to falling and other altcoins was increasing there's a possibility to defeat bitcoin. But honestly i dont think it may happen as far as i know bitcoin is the king of crypto currency and i believe in it will rise again. Altcoins are known as "scamcoins" for a reason .... they will die relative deaths. Bitcoin will be the most stable place to see both value and long-term gains. BTC's price will be atleast 4x/4 times current levels today if you buy and wait 5 years. Bitcoin's lightning network is emerging where fees will be tiny and cross-chain atomic swaps for decentralized exchange. Governments and laws are controlled by the central banks. Bitcoin is an anti-establishment revolution that has already solidified itself worldwide. Bitcoin cannot be controlled. It cannot be banned. It cannot be made illegal. And conversely it cannot be legalized. It just simply is. And people can always use it. Those trying to undermine and manipulate bitcoin stem from the central bank system around the world; -the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity -the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) and also Roger Ver/Bitmain to undermine and break the bitcoin protocol and/or manipulate trade Above are just small examples. First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old. Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled. Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?: If it can be shutdown, and have assets frozen by a bank or government, there would be no value If it wasn't secure, there would be no value. If it wasn't immutable, there would be no value. If it wasn't globally distributed, there would be no value. If it wasn't so strong, open-source decentralized and unstoppable, there would be no value. If it wasn't so scarce, there would be no value. If it was easy to spam transactions, there would be no value If it required a central 3rd party to function, there would be no value If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin"). If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value Bitcoin is on the verge of lightning network release rendering altcoins as only backup plan options if not dead. If it was exactly like fiat and only did transactions, there would be no value. Bitcoin's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values. Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold) |
|
|
|
|
Show Posts
