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461  Bitcoin / Bitcoin Discussion / Re: Why do some government ban bitcoin? on: May 10, 2018, 09:07:26 PM
They ban it because they can't control it. Governments are in the Control business.
No government never want something in their country which they cannot control. And in bitcoin is more likely that thing. Many government mainly ban it because bitcoin affect their economy growth. Bitcoin user doesn't pay tax their country which ultimately affect their financial status Shocked. And some time Bitcoin affects their country  currency in both direct or indirect way. In some country like Israel they ban bitcoin because it associate with many criminal activity like kidnapping, Anti money laundering, etc. So here some reason behind ban bitcoin in some countries.  Kiss
462  Bitcoin / Bitcoin Discussion / Re: Future predictions about crypto currencies on: May 10, 2018, 08:36:32 PM
Hi folks share your thoughts about crypto currencies. i will really appreciate to all experts here thanks 
Future of Bitcoin is unpredictable. Many powerful country like china, North Korea ban it in their respective countries due to some reason Kiss. Bitcoin is directly affect their country economic and financial growth.  By affecting their country currency value. And this thing affect it future. Bitcoin volatility affect many investors trust upon it. While some government also support Bitcoin and its point of view. Many multinational companies also start using Bitcoin for their various purpose. This thing support Bitcoin future in a positive way Smiley
463  Bitcoin / Bitcoin Discussion / Re: Why are banks and governments scared of Bitcoin? on: May 10, 2018, 08:03:52 PM
So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?
Yes many country prohibited Bitcoin in their country and this is due Bitcoin decentralised nature. Because of this it doesn't comes under control of government and some government doesn't like that and this is the one of the reasons behind government against of Bitcoin. Bitcoin is also affect the central bank of those country by directly or indirectly affect their country own currency. Because of Bitcoin their country currency value decrease in international market and this is another reason behind this  above asking topic
464  Economy / Economics / Re: what is the future of virtual currency like bitcoin ? on: May 10, 2018, 07:18:36 PM
Well as technology begins to evolve i think that in the future the cryptocurrencies will take over and this will be the new way of payment. However, Bitcoin has more benefits than any method of payment.
I think virtual currency have a great future. In this morden ear everyone like to use electronic money and digital methods Smiley. Bitcoin like cryptocoin fulfill demand like this. Many government accepting cryptocurrency after seeing its positive effect on their country economy Wink. Japanese government give same importance to bitcoin like their own currency. Bitcoin change low transaction cost and fast processing speed due to this many online merchants start their business with Bitcoin. Many big companies are also like bitcoin for its incredible advantages and this thing affect its future in a positive way
465  Economy / Economics / Re: Everything you need to know about the Bitcoin on: May 08, 2018, 06:17:40 PM
I know bitcoin is a digital currency that has existed for nearly 10 years in the market. Investors will use it to invest in the ico then they will be stocked and the company will have the ico program to call capital for production business ....
Bitcoin is one kind of crypto currency created by satoshi Nakamoto in 2009. After seeing the success of Bitcoin there are many other crypto currency are discovered Smiley. Bitcoin is world first decentralised digital currency which means it can't control by a single person or authority. Bitcoin is mainly used for money transaction because bitcoin provide world most safest and uninterrupted money transaction. And all transactions record in Blockchain. Which is known as heart of Bitcoin. Bitcoin is not globally accepted. Both Internet and electricity need for it access. In order to use bitcoin their no need of experience or age certificate. In many countries it work government to reduce unemployment issues in their country. Many economist see Bitcoin as a future currency.  Wink
466  Bitcoin / Bitcoin Discussion / Re: The Future of Cryptocurrency on: May 07, 2018, 08:30:44 PM
The future of cryptocurrencies depends solely on the cryptos themselves, if the tech and algorithm isn't a good one then it obviously won't stand the test of time.
According to many economist Bitcoin has a mixed reviews about its future Smiley. Bitcoin future is still unpredictable. Bitcoin is accepted in many country like japan Germany India. Where it work with their government. And many international companies accept it. Many people depend more upon Bitcoin then that of real money for their daily purpose. These thing guide it towords a better future. Bitcoin is associated with many criminal activity and some time its  this thing create problem for its future. Bitcoin also affect some country economy by its direct or indirect deeds. And due to this it is ban in those country which ultimately affect its future  Undecided
467  Bitcoin / Bitcoin Discussion / Re: Crypto VS national currency on: May 06, 2018, 06:51:39 PM
Crypto currency is a virtual money on the other side natioalnal currency is a government and bank control fiat money. Bank and governments can't control cryptocurrency but virtual digital money easily controlled by the bank and governments.

Crypto currency are virtual currency which can only use by digitally. Where as national currency can use by both digitally and physically. National currency are accept in every country of the world but cryptocurrency are accept in limited number of country due to this reason national currency easily converted in to any other national currency . In the case of banking Bitcoin provide better facility to its user then that of a national currency. I order to access  Bitcoin you must need Internet and electricity but these two thing not present everywhere in this situation national currency is better.  Wink
468  Bitcoin / Bitcoin Discussion / Re: Government and Bitcoin on: May 06, 2018, 06:17:12 PM
Why, until now, government all over the world still doesn't trust bitcoin?

Different government has different agenda with Bitcoin. According to some government it is use full to them and according to some government Bitcoin is bad for them. Chinese government ban it in their country because bitcoin somehow affect their country own currency and this thing affect ultimately affect their country economic and financial growth. Like Chinese government some other government ban bitcoin for this reason. Israel government ban bitcoin because it supports criminal activity in their country. Japanese government has positive point of view with Bitcoin. They encourage their people to use bitcoin.  Smiley
469  Economy / Economics / Re: Bitcoin x banks on: May 05, 2018, 08:49:54 PM
Many bank fear Bitcoin. And there are more reason present behind this. People mainly use for secure money transaction. But Bitcoin provide better secure money transaction facility with more advantage then bank due to this many people using Bitcoin instead of bank. Bitcoin provide its user an uninterrupted money transaction facility which is untraceable too. While bank doesn't provide such facility to its user. And in order to use bitcoin transaction their is no need to give full information of sender and receiver. And bitcoin provide faster transfer facility with low transaction cost. These thing makes Bitcoin better than bank ;)q
470  Economy / Economics / Re: Can cryptocurrencies make physical money disappear? on: May 04, 2018, 08:43:33 PM
As we can see the cryptocurrencies are still being established in the knowledge, socialization and full utilization of humanity, could the cryptocurrencies cause the use of physical money to be eliminated, is this possible?
In my opinion in some conditions this could be happen and in circumstances it could not be happen. Bitcoin is ban in many country like china Bangladesh Ecuador etc.  :oAnd this is happen because it directly affect their country economic and also promote criminal activity in their country. And these reasons shows that cryptocurrencies will never make physical money disappear. Many people love to do online shopping and this thing they doing with Bitcoin because of its lower transaction fee. This thing support this topic in a positive way. Bitcoin is a digital currency so electricity and Internet must need for it. So these two thing not available in every place. So in my opinion it can disappear physical money but not completely  Smiley
471  Economy / Economics / Re: Why is bitcoin worth? Welcome to discuss on: May 04, 2018, 08:17:09 PM
Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
Yes of course, Bitcoin is worthy for its incredible market price. Although Bitcoin price is highly volatile but its price is still comparable with gold and higher than other crypto currency. Bitcoin is different from other crypto currency due to its Blockchain technology. In which anyone can know anyone's transaction information with out knowing his /her personal information. Another thing is its decentralised nature which attracts more and more people to use this instead of their country currency. Bitcoin's money transaction facility also make it worthy.  Wink
472  Bitcoin / Bitcoin Discussion / Re: 5 countries that banned bitcoin on: May 03, 2018, 07:46:47 PM
Countries can banned BTC/Cryptocurrency but they can't stop it. I believe there are still lot of people doing business in cryptocurrency even though the government banned those things.
Bitcoin is ban in many country due to some reason. Bitcoin ban in china, Ecuador, North Korea, Bangladesh, Israel  etc. At first Bitcoin ban in china. And at that time it makes big impact on Bitcoin price. China government ban it because it directly affect their own currency which ultimately affect their country economic growth value so their politicians put pressure on government to ban it. Ecuador, North Korea like country also because bitcoin put negative effect on their economy because it s user doesn't pay tax to their government. In country like Israel it is ban because bitcoin associated with many criminal activities.  Kiss
473  Bitcoin / Legal / Re: Criminals and Bitcoin on: May 02, 2018, 08:00:29 PM
Bitcoin is not responsible for this.Criminal commit their crime anyhow.Before bitcoin here was crime and it will be if bitcoin don't exist
Yes Bitcoin is really responsible for many criminal activity and due to this reason it is ban in many country. Bitcoin provide uninterrupted and untraceable money transaction facility. Due to this many terrorist organisation use it for their different purposes like kidnapping, murdering child pronography etc Smiley. Many Anti social people  use bitcoin as sources of scam. Bitcoin also provide opportunities to many criminal minded people to fraud people on the Internet. Many Businesses and politician using Bitcoin transaction facility for transfer their black money  Undecided
474  Economy / Economics / Re: Why Big Banks are so Nervous About Bitcoin ? Why ? on: May 02, 2018, 06:54:03 PM
Big Banks are so nervous about Bitcoin because BTC came about to disintermediate third parties. Banks are definitely unnecessary when making transactions person to person, especially across borders.
Big banks fear Bitcoin because of its popularity and craziness among people which is directly affect banks progress and profit. Bitcoin provide its user an high-level privacy and their is no need to give full information of sender and receiver in order to complete a transaction through Bitcoin. This thing attract more people to use this and this thing affect affect banks in different way. Bitcoin provide its user an uninterrupted money transaction facility in which no third party involved and banks doesn't provide such facility to their user. Banks are taking long processing time and also change high transaction fee where as bitcoin doing exactly opposite of this. These above advantage of Bitcoin put negative affect on banks  Kiss
475  Bitcoin / Bitcoin Discussion / Re: bitcoin vs. real money??? on: May 01, 2018, 08:19:14 PM
I think every money has their own position and has different usage, paper money must still be a lot of people because not everyone can access virtual money, and virtual money is widely used in investing and also shopping online.
There are a lot of difference between Bitcoin and real money. Bitcoin has digital from only. and real money has both side like digital form and physical form. With out Internet and electricity we can't use bitcoin but in case of real money such thing doesn't need. Real currency is accepted every corner of world but Bitcoin is not acceptable in everywhere. Bitcoin is more volatile in comparison to real money. Real currency user are bound  to pay tax to their government but in case of Bitcoin that doesn't happen due to its digital nature. Bitcoin provide faster transaction and more privacy in comparison to real money.  Smiley
476  Economy / Speculation / Re: Future of Bitcoin in 5 years ___ what will be ? on: April 30, 2018, 08:15:46 PM
So you guyz ever think if anyother cryptocurrency replace Bitcoin in 5 years what will be the condition be of the other  cryptos.

Today Bitcoin is the king of the cryptos as we can say to watch the codition of cryptos. So, Is there is any Cryptos which have tendency to replace Bitcoin.
Yes in this time Bitcoin is the leading cryptocurrency in the world. It is highly recommended and trusted crypto currency. Bitcoin is mainly famous for its decentralised nature and Blockchain technology and its uninterrupted money transaction facility. Many people choose  Bitcoin transaction facility as a first choice for their money transaction. Many growing country in the central Africa using Bitpesa for their money transaction. Many international companies like Microsoft, Amazon etc accepting Bitcoin for their various products. In country like japan their government praise their people to use bitcoin. So these things show Bitcoin will have a good future in next five years.
477  Bitcoin / Bitcoin Discussion / Re: What makes Bitcoin valuable? on: April 30, 2018, 07:20:27 PM
I firmly believe that only two of the most important factors affecting Bitcoin, the Internet and market demand, the Internet determines the existence of bitcoin is meaningful, and the market demand is to determine the current price of Bitcoin and the future price forecast.
There are many thing makes Bitcoin valuable. The main thing which make it more valuable is its Blockchain technology and decentralised nature. Because of these two thing Bitcoin reach the top of crypto world. There is no central authority or person can control Bitcoin so you are your own boss these things attract more people to use this. Another thing which make Bitcoin valuable is its money transaction facility. Which is most secure and uninterrupted. Bitcoin's low transaction cost makes it more valuable for the online seller. And its growing price make it valuable for the investors.  Wink
478  Bitcoin / Bitcoin Discussion / Re: The future of the Bitcoin on: April 30, 2018, 06:40:51 PM
i think no one knows the future of bitcoin , but in my own opinion the future of bitcoin will gonna be great , i predict that bitcoin will be more popular after many years.
Bitcoin future is unpredictable but after seeing the success rate of Bitcoin i also think bitcoin has a bright future. Many big companies like Samsung, Amazon, KFC are start using Bitcoin for their various purpose. These thing show the popularity of Bitcoin. The Blockchain technology of Bitcoin is the reason behind its bright future. Developed country like Japan, Germany boost up the popularity of Bitcoin in the international market. Bitcoin is accepted in many country in comparison to other crypto and it price is also comparable to gold. These factors guide Bitcoin into a beautiful future.
479  Economy / Speculation / Re: what affects the price? on: April 30, 2018, 08:05:00 AM
Lots of people got scammed and existed this great industry. That s why I hate crypto anonymity and personally support any move which can end it and reduce the number of scammers around.
A lot of things affects the price of Bitcoin. Some time it affect in a positive way and sometime it affects in a negative way Smiley. The positive news about Bitcoin that is the developed countries like japan, Germany start accepting Bitcoin and many multinational company like Microsoft, Samsung, Amazon etc start using Bitcoin for their various purpose help to put a positive effect on Bitcoin's price. News about Bitcoin related with criminal activity and fraud  news about Bitcoin make a bad impression on it market price   Embarrassed
480  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs altcoins? on: April 29, 2018, 07:18:38 PM
What I've been doing all this time I often buy altcoins with bitcoin, because I understand that later when altcoins and bitcoins are equally ascending I will get many and many more benefits from bitcoin and altcoins.
In overall comparison Between Bitcoins and Altcoins Bitcoin is the best. Altcoin are made to overcome the disadvantage related with Bitcoin. Bitcoin's software cannot taking the load of heavy transaction it takes times. And in this situation Litecoin is the best option which take less time to complete an transaction. Bitcoin is accepted in many country and it is used by many people in comparison to altcoins. Cryptocurrency are also famous for their volatile nature. And in comparison to other crypto currency Bitcoin has high market price. In matter of trading Bitcoin is good among all cryptocurrency because it charge low transaction fee and bitcoin is use by many online retailers.  Smiley
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