You are right anelenaniku! Yes, we should have come up with this project a long time ago but we wanted to make sure that the time and technology was right.
 
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Thank you for your comments and query.
The whitepaper will be released in a couple of weeks.
More information about our team and our project will also be progressively released in due time - we have a lot of exciting things to announce!

We wish to thank you all for your fine comments.
Yes, we truly believe that our project will be the one to benefit the crypto-community the most, making it mainstream and widely accepted as well as make crypto-currencies practically useful in every day life.
Whitepaper will soon be available. Please stand by for it.
Thank you.



Thank you for your comment as well as for pointing out the EU's new directives.
The medical sector is indeed changing. Unfortunately, it's not changing fast enough. We just wish to speed things up a bit!
 
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Thank you both for your comments - it's much appreciated.
We too strongly believe that this is the project that will benefit the crypto-community more than anything else presented thus far and will add real-world value to crypto currencies as well as offer true security to all its members.
Stand by for Whitepaper and further details...
 

Thanks to both of you for your encouraging comments! WOW - news travel really fast within the crypto community!
Well done! We will be proceeding with exciting announcements very soon so keep this thread bookmarked and return for more...
 

i

I've read many posts regarding what the price of Bitcoin will be in 1 year, 2 years or 5 years, someone even predicted that Bitcoin will reach $1mill in a short period which was quite hilarious from my perspective. But the truth is, Bitcoin has the potential to reach $20K in 2 years if it continues with this pace.

Gold is expensive, but Bitcoin seems to be increasing in price exponentially. It's the 4th of December 2017 and the value of Bitcoin is $11,500, and a few years back Bitcoin was valued in the $100s which is a massive increase.
What's stopping Bitcoin from going to $20K or even $40K by then end of 2018?!

There is so much potential for Bitcoin, but with Gold their is none atm. The price for gold is fixed right now.

So Bitcoin would be the best choice if you were to look at it from this perspective.

It is a fact that Bitcoin is increasing in value faster than expected by some investors predictions, but it's too soon to assume that Bitcoin will reach $500K or even $1Mill by 2020.

Reason being is because we do not know if Bitcoin or Cryptocurrency in general will still exists by that time. Bitcoin has gone through and will continue to go through many forks, also corrections happen from time to time.

If Bitcoin does reach that price, then the supply will be close to nothing and only the very few Millionaires will reap the benefits of Bitcoin.

It's too soon to make that kind of prediction.

All of these ICOs are good and promising. I've seen trade.io and Sharpe Capital in rating sites, and they seem to be doing well, but out of the the 2 i voted for trade.io.  It has a bounty program which is going very well and has got a good crowd following, its telegram group is very busy. According to sources and the site, they have raised $12mil at PRE-ICO and they have recently been accepted in HiTBTC exchange which is very impressive.

Bitcoin is actually a decentralised blockchain platform and not exactly a currency or money. It doesn't come in the form of paper or actual coin, on the contrary it's digital and can only be found online.
Although anyone can trade or invest in Bitcoin people consider it as an actual currency. Anyone can participate on this platform and benefit or profit from it.

Bitcoin has impacted the world on a very large scale, so large that most countries around the world are regulating it, but countries like China, Russia or Bolivia have decided to ban Bitcoin.
Many people have also adopted Bitcoin to carry out daily transactions, as its more secure and efficient in many ways. If you look at it from this perspective then yes, Bitcoin one day can be classed as a global currency.

Does Bitcoin have the potential and capabilities to replace the common world currencies known as Fiat? I would say not yet. Because it doesn't satisfy everyone just yet and they see it as a volatile coin with limits.

Dips and Dumps are not exactly great for investors, but if you look at it from a positive stand point you can invest in Bitcoin while it's price is low and HODL until it increases in value again.

Dips also known as Corrections happen quite often so it shouldn't be a discouragement. However, it should be a disappointment if you have lost a great amount of money - this is the case with new members of the cryptoworld. Like altcoins, Bitcoin is also volatile and that's understandable.

Usually after Corrections, the price of Bitcoin rises again, and in some cases if not most cases it rises higher than where it was previously. So that's something positive to think about when it happens.

Bitcoin is not exactly a currency but it's a global commodity asset. It's a revolutionary innovation, a decentralised blockchain platform created by a Satoshi Nakamoto for anyone to participate in.

I'm not sure I understand the thread entirely but perhaps you mean Exchange Platforms and not people.

Exchange Platforms vary in prices. Each exchange platform will sell at different levels for their benefit. Before you exchange, a suggestion would be to check different exchange platforms before, and if spot and exchange platform selling at a very low price, do not proceed.

According to an article I recently came across, these are 20 advantages of Bitcoin:

1.   Anonymity
This is one of the main benefits of using Bitcoins. When you make payments through your bank account, these are usually easy to track and have identification marks. On the other hand, Bitcoin transactions are hard to identify. Hence, those who transact with Bitcoins gain knowledge of the addresses through which payment is received or sent.
2.   Private transactions
Bitcoin transactions remain anonymous as well as private. The transactions only come with sender’s Bitcoin addresses that reflect the transactions in someone’s Bitcoin account. The addresses cannot be traced back to an individual. It is akin to tracking a payment that has come to a bank account, but you will not gain information about the person who has sent the payment.
3.   Freedom of payment
There is much freedom when it comes to making payments through Bitcoins. One can send Bitcoins to anyone in the world. One is not limited by banking hours of operation or payment limits.
4.   No intermediaries
This is another advantage of using Bitcoins for making payments. As there are no intermediary parties involved, such transactions happen instantaneously and with less delay. There might be lagging due to conversion from one form of currency to another, but usually intermediary agents are not involved in Bitcoin transactions.
5.   Minimal or low fees
There are hardly any transaction fees that are involved in Bitcoin transactions. Usually processing fees are low or minimal. In case one wishes to get instantaneous transfers there is a low transaction fee that comes in. As there are no intermediary parties involved this also eliminates the need for transaction fees.
6.   Security for merchants
Merchants who use Bitcoin transactions usually benefit in many ways as these transactions are irreversible and secure and do not contain personal or sensitive information of the customers. Merchants are protected from charge backs that can be fraudulent or losses that often result from fraud.
7.   Fast transactions
The transactions using Bitcoin are usually faster if you compare the same with traditional banking transactions. A transaction in Bitcoin can be fast as done in ten minutes, similar to sending of an email. There are zero confirmation transactions that happen instantly when merchants take the risk of accepting transactions that are yet to be confirmed by the Blockchain of Bitcoin.
8.   No dependence on governments
The paper currencies that we use are dependent on the monetary policies of a country’s central government. They are given a certain value, but currency notes could be demonetized and at such situations, these notes would not have value at all. Unlike paper currency notes, Bitcoins are not centralized currencies. This is a crypto-currency that is recognized and accepted in digital money markets. In many markets, regions and places it has legal status and can be exchanged in return for cash as well.
9.   Security of information
There is no personal or financial information that can be stolen from Bitcoin transactions. Most people who make online transactions through credit or debit cards or bank accounts usually risk having their private information exposed and stolen.
10.   Secure transactions
The transactions that happen with Bitcoin are usually with a private and a public key. The public key is visible to anyone but the private key owned by a user is a secret. A transaction of sending Bitcoins is done by combining private and public keys together, which creates a unique certificate that is proof of the transaction.
11.   Unaffected by inflation
As Bitcoin is a crypto currency, it is unaffected by inflation factors, unlike how paper currencies get affected by inflation and monetary policies of the government.
12.   Creating Bitcoins
Similar to how governments can print currencies, a user can use Bitcoin mining software to gain more Bitcoins for themselves. This is a unique technology and a method that is not available with other currency modes.
13.   As a crypto currency
Bitcoin is a crypto currency whose legitimacy is maintained with Blockchain. It is a way of ensuring evidence of the Bitcoin transactions which is done by a decentralized network of computers where records of the Bitcoin transactions are maintained and are irreversible records. It is akin to an electronic ledger that connects different parties in an integral and trustworthy manner as well as maintains records of transfer of Bitcoins in a genuine and legitimized manner.
14.   Secure transaction records
With Blockchain technology Bitcoin transactions are recorded in a secure manner. This is done by generating a sequential chain of digital keys that are cryptographic in nature.
15.   A unique trading platform
Bitcoin and Blockchain facilities trade between two or more parties as Bitcoins are safe and secure as well as legitimate while Blockchain maintains records of the different transactions that take place.
16.   Efficiency for businesses
Transactions are settled between two or more parties in a fast manner as there are no intermediaries involved. Smart contracts can be triggered automatically that can make commercial transactions fast and as per contract terms.
17.   Ease of auditing
Transactions of Bitcoins are registered with Blockchain technology for which records are created that are sequential and cannot be reversed. Hence, the audit trail exists when two parties transact with Bitcoins and this exists forever.
18.   Ease of tracking
Even though Bitcoin transactions are anonymous and private, these are easy to use to track goods which can be advantageous for a commercial supply chain process.
19.   Transparency
The unique blend of secure and anonymous transactions with Bitcoins recorded in a legitimate and indelible way by Blockchain makes such transactions transparent which can be beneficial in commercial transactions.
20.   Feedback benefits
As all transactions with Bitcoin are recorded with Blockchain, an asset’s movements and its life cycle can be traced easily in different stages like shipping, warehousing, decommissioning and so forth.

The above points showcase the different benefits that one gets by using Bitcoin and Blockchain technologies.

All 20 of these points are great advantages but the ones that stand out the most are No intermediaries, Transparency, Efficiency for businesses and Secure transaction records being the most important factor here. With Blockchain technology Bitcoin transactions are recorded in a secure manner. This is done by generating a sequential chain of digital keys that are cryptographic in nature. This is very important especially in the cryptoworld.

It still has room for improvement though, this is a fact.

I wouldn't agree with the Fast transactions point because it is still slow imho. But comparing it to traditional banking transactions it is faster. A transaction in Bitcoin can be done within 10 mins, similar to sending an email. There are zero confirmation transactions that happen instantly when merchants take the risk of accepting transactions that are yet to be confirmed by the Blockchain of Bitcoin.

At the CNBC global CFO conference, 97 CFO were asked about their views on bitcoin. And it was not surprise that 27.9% of them think the encrypted currency is true but was in a bubble state...

Bitcoin is an asset and as things go, a rather large asset if successful, but it seemed to be in a bubble state by rising non-stop. Users were thinking if it would ever stop rising. It was believed that with it's course and speed it could reach $15K with ease, but the rise did not last, it dipped back to $9500.
The 27.9% of CFO members probably have bad experience in Bitcoin and that was their view. In the end everyone has his own views and experiences on this matter. Whatever the case, Bitcoin has dipped or dumped many times but it has risen many times too.

Bitcoin will rise again and once again people will have their personal views on that too. No surprise.

Bitcoin is an asset and as things go, a rather large asset if successful, but it seemed to be in a bubble state by rising non-stop. Users were thinking if it would ever stop rising. It was believed that with it's course and speed it could reach $15K with ease, but the rise did not last.

It's best not to be absolute with that comment that Bitcoin is in a bubble state. Were Altcoins in a bubble state too then? (rhetorical) Because it looks like all coins are effected right now.

The 30% of CFO members probably have bad experience in Bitcoin and that was their view, however they were the minority. In the end everyone has his own views and experiences on this matter. Whatever the case, Bitcoin has dipped or dumped many times but it has risen many times too.

Bitcoin will rise again and once again people will have their personal views on that too. No surprise.