Replicating Bitcoin is a very difficult thing to do. Most altcoins have been trying to do this for years, and none of them succeeded in doing so. Even currencies that developers consider to be superior, such as ZCash, have had a poor market performance in the early months. In fact, it managed to be the first cryptocurrency to be worth more than one Bitcoin, but the performance that the currency had in the market after that was very bad, and many investors lost money in that.
I think there is no need to replicate Bitcoin when everything is going well. It wont be any worth. Have anyone tried to replicate USD or EURO ? Then why we people think such things about bitcoin. Bitcoin is a currency and should be treated like a currency. |
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Is this your own site mate? It sounds that you are just promoting it, I guess you better submit of proof of payment with this.
It is easy to look for a write here but they are not free and so proof is a big thing here. Wasting time of just telling words without proof is worth nothing dude.
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Hey buddy, it sounds so interesting yet, you must put your proposed job with concrete details of works, there are allegation with your offer as other people posted here. Just try to make something that will not sounds and look suspicious.
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Off course, we could make money, First thing we mustily need that is money, than should use your mind which field or business you could do easily, because if you have skills and information than definitely i don't think that you have any problem. But in my view, now invest in bitcoin it is best investment.
I agree with you in some point but not all will involve into something like that easily, first you must dedicate yourself if you are really into that field of business, yes in business generating money is easy but who knows you will be rich on that thing. And yeah as other stated, business is not a ticket into wealth, just think wisely on taking the road for wealth. |
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China, England and America are the one of the best countries of the world where BTC is broad accepted.
Exactly, these 3 are leading in bitcoin economy so why do OP wonder? Is he new in bitcoin? Actually they are most convenient in using bitcoin publicly like there are restaurant who accepts bitcoin, there were ATMs available. This is how people really adopt bitcoin in their country and there are also some other countries whose government accept it. |
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lol i dont think so, i dont have any idea how they bann all world-bitcoin. Shuting down all internet connection? they cant bann btc man, illegal yes, but we still can do transaction inside our home. My country already make btc illegal, but i still earn and learn with bitcoin.
I wonder too on how they will work on that thing, they cannot easily ban bitcoin for such reason. I heard news that they use bitcoin for illegal yet the government did not do anything or say anything about bitcoin, because firstly it is not that recognized yet in our country. |
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bitcoin is more better than western union because
1. easy to use
2. very fast transaction
3. nowadays, many merchant accept bitcoin as payment
The first two points are good to go when compare bitcoin with Western union but i think still in many places Western union is used for mainly either both the merchants unaware of bitcoin and in some cases one merchant what to do business in bitcoins but the other is not aware of it so it has to be done by other means like western union etc. Bitcoin is yet to be introduced everywhere to fully eliminate western union like services. |
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Bitcoin doesn't reach such high popularity as dollar have now. And I doubt it ever will. Everything because of bitcoin is limited by 21 millions and dollar is printed nonstop. Dollar is much spreaded over the world than bitcoin. And how many people heard about bitcoin? Just little group in the all mass of people.
USD is more popular than bitcoin now because USD is not only used USA. I do no thing that the limitation of bitcoin is a problem because bitcoin can be divide in 8 decimal. Of course USD is more popular because it is one of the major currency of current time. Nations are considered to be rich if they hold greater amount of USD in their reserves. But this does not mean that things will always remain the same and USD will dominate always. I think Bitcoin is a strong competitor as as soon as Dollar will began to lose value, bitcoin will take over. |
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There are many potential contestants to be the real Satoshi Nakamoto but all who have claimed that they are Satoshi Nakamoto have failed to prove that they are the right person. Craig Wright has shaken the bitcoin y industry with his claim and evidence or proof that he is the rightful creator of bitcoin but failed in the last moment. In the end Satoshi Nakamoto remains a mystery and it never be unveiled.
Somethings remains secret forever and its good they remain secret. For example if Satoshi Nakamoto reveals himself maybe his life maybe threaten and there are still lots of people and Govt. Institutions which hate bitcoin and do not want it to grow. Its better for bitcoin itself that this secret remains a secret. |
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as this much humans keeping eyes on those transactions even after so long time seems like thieves are relly getting fucked up this time, they can not even touch those coins becuase that will panic everyone that someone is playing wih those stolen coins. why did someone even steel any thing which he can not even spend
That's the transparency of the blockchain. Nothing can be moved without people not being able to see when and where these coins are moved to. In that matter, it will be a tough job to ever spend or sell these coins. If you look at it from that point, they have gained (stolen) a huge load of wealth, but it's pretty much worthless at the same time. It's easy to say that these coins will get mixed, but they will risk having their coins seized once sending coins to whatever mixer as I am quite sure any service is keeping an eye on the stolen coins. I dont think so they will ever be caught. They can make 1000 different wallets and divide the coins amount those wallets and spend everywhere online and offline. Its almost impossible to track. Using Bitcoin Mixer services can make even more difficult. Transfer to the exchange and convert them to Altcoins. Move altcoin between exchanges and convert to bitcoin again. So many options are avaible to utilize the theft coins without being caught. |
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Joseph Stiglitz, nobel prize winning economist who appreciated the US government for shutting down the bitcoin for the reason of easy corruption, tax evasion and tax avoidance have shown positive signs in a recent Economic conference. He has suggested that countries like USA need to move from fiat towards digital currency. He too stated that, though it has got some drawbacks in the long run it moves in the right direction.
Those are the reason why government will make a move against bitcoin if corruption, money laundering, tax evasion and illegal activities will be rampant. If those users will continue using bitcoin in their illicit activities then bitcoin could be banned in almost all countries. That is the biggest threat to bitcoin and the only reason that will bring end to bitcoin industry. That would be only pretext for banning Bitcoin Bitcoin is too small yet to make any significance as a tool in the hands of criminals. On the other hand, whatever kind of illegal activity you look at, Bitcoin is far from being perfect there. Maybe, the only field where it beats cash is bribery since you don't need to hand over bags or stacks of money face to face, which greatly reduces risks associated with this illegal activity (e.g. the risk of being caught red-handed). But I haven't heard much about this side of Bitcoin, though it is possible that it is so good that no one actually gets caught Even without bitcoins and current local currency, no one takes bribery with hands full of bags etc. Its been done through check, bank transfer etc and with bitcoin ofcourse it will be between wallet to wallet. Cutting in short, The crimes are not associated with technology and currencies. It depends upon individual will and thinking only. |
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i hope that volume is not fake, i think that both market is want to be top leader of bitcoin market, okcoin will represent with cny and bitfinex will represent with dollar usd. maybe the china market is downgrade because of china new year and many people which is doing trading in china market need to go holiday and spend their profit.
Good to see both OKcoin and Bitfinex side by side on volume. I hope it is nothing to do with bitfinex recent hack and OKCoin Chinese fake volume. Removing these two factors really makes thing interesting and good for bitcoin itself. Chinese exchanges normally accused of fake volume but then bitfinex same volume means no more fake volume in Chinese exchanges also. |
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Don't you think there is connection between PBOC officials and chinese exchange platform owners?
They have said that investigation will run for next 7 days and even more and in meantime price is pumping slowly now i think we will see another fud from them saying PBOC find money laundering activity involved to panic traders and dump the price to buy back again.
I think it time to realize that bitcoin has value in itself and it cant be controlled only by Chinese mafia. We should not pay attention to these fuds and keep our bitcoins save. This way these fuds will vanish and bitcoin will flourish as always. My advice no need to be panic on any news. |
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Meanwhile the bitcoin price reached between $1120-1130 in the western exchanges and between $1188-1189 in the Chinese exchanges  And I hear the sound of a crying duck  Well, I hope it happens soon. prices tend to be unstable, and of course it could happen, especially in china exchanger, because I think they have the development of bitcoin prices faster than others. Well, I have set up some of the bitcoin prices. As described this time the price could touch the recent days high as the forward walk is taking place. Altogether the Chinese markets and people were much awaiting the Chinese New year. This might take the price high and falls back instantly without sustaining long. Things like Chinese New year and other such dates are not much significant to bitcoins now. It is no more a Pump Dump Coin with respect to important days. Bitcoin has made its place in the world and the trust which it has gained, will only make bitcoins rise day by day. Slight Dump and pumps are normal with all the currencies. |
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We all know US Dollars is in its final stage as a Global Reserve Currency. Whatever trump does, he cannot change this situation.China and Russia are eagerly waiting to see the dollar collapse. As we see throughout the history, when there is a economic crisis, people rush to move their holdings into a much secured asset or commodity.Now, there are two chances for them, either gold or Bitcoin.Though gold has been there for centuries, it has also faced huge decline in price value in dollars.It cant be easily transformed from one place to other like currency.There remains the other option Bitcoin.Bitcoin will be their choice because of its finite supply and ability to increase its own value within its own technological advances.Many thousands of jobs and businesses will be made directly and indirectly based on Bitcoin technology over the next several years worldwide.Surely, Bitcoin will win by a very technical knockout.Definitely, its a great positive effect for Bitcoin.
Trump will make USD further decline because of this Muslim against policies and the only option left with US people will be to invest in Bitcoins. China and India already moving fastly towards bitcoins. We can safely assume bitcoin to be next real global currency. |
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BTW, the drop in price we are seeing now is just Chinese traders selling some of BTC to celebrate Chinese New Year.
Price is not falling, there is no conspiracy behind this minor decline. After day or two we should see upward trend coming back.
Oh so that was the reason of minor dump in recent prices of the bitcoins. By the way Whats exactly is the date of Chinese New year ? For cashing out bitcoins, i am not interested and will be keeping them save for long term. |
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If bitcoin become accessible to traditional investors and mass adoption then I speculate that the price of bitcoin could reach 2100 USD. I think stability and wider participation are more important for the long term to get the price increasing to 1600 USD then slowly getting to 2000 USD at the end of the year.
We cant say exactly the price of bitcoin in 2018 as it depends upon numerous factors which are related to bitcoin directly or indirectly. For example if the world is in any World war, then ofcourse the price will be different as if there is no War and peace everywhere. My rough guess is 2000$ if most things are smooth. |
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is a good investment because you can trade it and usually have a good profit as price every week is going up and theres a time when the price is too high that people will sell it and you will go with the flow. You can use for many uses in the internet the one I'm using it is purchasing donator pack on my online game.
the main advantage of the bitcoin is that you can earn it and you can invest it ..... you invest your earning it just like you are playing with it in some sense and making a lot of money..... I agree with this! You can earn bitcoin without sweating too much! I mean, there are lots of programs here that gives free bitcoin like faucets and freebies from different gambling sites! Also, if you have skills or talents, you can also use it to gain bitcoin especially if you are really good in coding and some technical stuffs! Bitcoin is really the best! Faucets is a waste of time as the payouts are too low but it can be good for those who are new to the bitcoin world and don't have any other ways of earning it but if you want to earn a descent amount of bitcoins then signature campaign is the best source to earn it and you need to save your earnings for future as price is expected to rise in future. Faucets may not be waste of time for everyone. I began my online work through faucets and i think everyone starts with the faucets.But once you move forward in bitcoin earning you realize that those faucets earning days were useless, but actually they had given you base and from there you learnt more about bitcoins. They say that faucet are waste of time because they earned a very low amount of bitcoin on faucets when they are newbies. Now they know the way of earning, they are suggesting the newbie that don't take faucet because you will earn to slow their . they will just teach the newbie on how to earn here in the forum or in other ways. Even faucets sites used to pay huge amount of santoshis in the past when bitcoin was new and price was low but now things are not the same as price is going higher and higher and there is nothing wrong in earning from faucets as even those santoshis will be more valuable in future when price will reach to the moon. Thats the real disadvantage of faucets. With the increase in the bitcoin price, now the claims of faucets are very minimal and are of no use at all. I remember once i started using faucets about 2 years ago, i claimed quite good amount. |
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In all perspective bitcoin seems to be very strong, starting from the ease of use to the security level. If its weaker technology it could have got vanished without getting popularity and increased use from people from different parts of the world. The strength it holds has made it popular even without any media use.
Yes, bitcoin is strong and the proof is the market value and demand of bitcoin. Its easy to setup, easy to use and easy to make worldwide transactions, favorable for traders , tax free and lot of other benefits. |
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How can this happen if the government will not allow it? More and more countries are adopting laws that make use of cryptocurrency uninteresting. That is why Bitcoin can not replace fiat currency
One of the most interesting aspects about Bitcoin is that it can't be banned. The governments may succeed in banning the conversion of fiat to Bitcoin (and vice versa), but they can't stop the transmission of Bitcoins from one user to another. And they can't prevent someone selling merchandise for Bitcoin. The anonymity of Bitcoin offers protection from governmental harassment. Bitcoin transaction work on Blockchain technology so if some how governments ban the block chain aspect from the internet so bitcoin transactions cant be performed. I dont know if its technically possible to ban this but just my two cents that is the only way to stop bitcoin from growing. |
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