Such incidents were taking place even before the introduction of Blockchain technology and would continue to take place for years even IF bitcoin was to end. Ending a billion dollar industry because of one story doesn't seem practical and I highly doubt whether bitcoin would end for this reason.
But yes, since the currency is not regulated by government, it does give criminals an easier way to launder money. That is one aspect that government would want to curb in the near future.
No Bitcoin cannot end on this note so easily. Bitcoin has a lot of capability and potential to rise again and spread its popularity again.Many people still use Bitcoin.It is the best option for investment in today's date even when the prices are low.Many people still hold Bitcoins as they have faith in it.Bitcoin has faced many ups and downs in the last nine years but has always emerged victorious.After the price fall it recovers quickly and goes up again.It can give competition to fiat currency. |
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As we see that bitcoin price is down since last three months but still not reaching to its highest level.
Is bitcoin loose its popularity ?
I do not think so, bitcoin has not lost its popularity, there are still many who believe in bitcoin, and I think the panic and loss of confidence are new people coming in bitcoin. If the same scenario continues for long then definitely Bitcoin will lose its popularity which it has gained in the last nine years. Its price is down from quite a bit of time and is not a being able to rise.Many people are selling their Bitcoins at low prices as the prices are not able to rise.Many people have left investing in Bitcoin because they are not getting the profit which they used to get before.Also Bitcoin is not being backed by any government or Central Bank as it is decentralized and is full of risk. |
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It really dependes on how bitcoin is used over the next 5 years, if some killer app appears then bitcoin could take off. i am hoping that Dotcoms megaupload 2 and bitcache might help that in the newyear.  That's true it is depends the situation in bitcoin 20 years from now. 20 years from now I think bitcoin is a job can earn lot of money and bitcoin is the solution of the poverty in our world. We need care and safe to still prevent the situajn in our world. I think bitcoin will rule the market in the next 20 years.Bitcoin is capturing the market and is spreading its roots very fast.Bitcoin is on the top of the list of cryptocurrencies and altcoins even when the price of bitcoin is down.All the other cryptocurrencies and altcoins are regulated with respect to bitcoin only.Transactions through bitcoin are also very fast and simple.I think it can give tough competition to paper money in the next 20 years. |
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economies of many countries legalize production and print out in the development of blockchain , but we see that there are many regulators, but cryptocurrencies as thought free tool , I doom we are not moving in the right direction
If my understanding is right, you're afraid that the regulations being imposed right now for cryptocurrency is not good because its against the goal of BTC being decentralized? I don't think these moves will lead us on the wrong direction, we need BTC and other altcoins to be accepted so we need the government to act on it. Thus, giving us regulations. The whole idea of being decentralized is that there is nothing that can change the network and make it being centralized( there is not a centralized organization that can change the network pre-agreed rules). Regulators can make law enforcement that will make it harder to convert bitcoin to fiat, they can affect fiat because it's a centralized currency and they decide whether banks accept or not accept the funds that you earned from cryptocurrencies trading. They have no impact on transactions that are being done within the bitcoin network. Bitcoin in today's date is the leading cryptocurrency even when the prices are down.It is a good opportunity for those who want to earn money and those who are jobless. Bitcoin gives good amount of returns.The signature campaigns are an easy way to earn Bitcoins.Investing in Bitcoin is also very profitable deed has it gives its uses tremendous amount of profits in a short period of time.Since it is decentralized taxes cannot be implied on it and the people get full amount of returns. |
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In my opinion the biggets disadvantage is the more and more growing blockchain, in comparision with cc's of the third generation, the increasing lenght leads to the familiar problems : High transaction fees and long confirmation times going hand in hand with unconfirmed transactions due to too low fees set.
I think part of the problem with peoples opinions here is applying logic of other markets to one that almost no one understands. I heard it put well by someone the other day that it is extremely rare if not unheard of that a ‘new’ technology is made so publicly available for investment. If you take the average tech start up for comparison the chance to invest is normally reserved for the likes of business angels and venture capitalist not Joe public. All of a sudden you get a bunch of people, including me thinking that things look good or bad with no real experience in how ‘things like this’ really work in the long term or where we truely we in terms of the cycle There are several disadvantages of bitcoin. Firstly the high transaction fees is very inconvenient and uneconomical.Then Bitcoin is internet regulated and we cannot use it anywhere and anytime.Bitcoin is also very complex and an average man cannot use it directly.He must have some knowledge about it then only can operate Bitcoin.Since Bitcoin is decentralized no central bank or any government backs it.Its price is also very volatile so it is considered risky. |
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is bitcoin more popular than US Dollar ?
They cannot be compqrwd because they are on the different platform and us dollars are not even a cryptocurrency so what is the point of comparing and they are much popular not because us dollar are been here for a very long time and all the country are accepting it in exchange into what the country monetary units are. So it it come to popularity they are the same but the thing is the bitcoins are a great investment anf us dollars it just a monetary unit of the us. USD is an international currency while bitcoin is just a cryptocurrency.USD is used for all the money transactions all over the world without any controversy on the other hand Bitcoin cannot be used for any International transaction USD stable and centralised and is backed by Central Government and banks Bitcoin on the other hand is very volatile and decentralized it is banned in some Nations.Moreover USD is more popular than bitcoin. |
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Bitcoin price is a roller coaster the start of the year 2018. It goes up at first and stays then go down and stay and go up a bit then drop more so low and rapidly. Will it go up again in a loop then down and up again? We really don’t know what will happen like we really don’t know what the reason of the huge drop is. Is it the news? The bad news that affect the mind of investors or is it really manipulated? But why other altcoins price also dropped? We really don’t know right? We just depending on big investors decisions. Their decisions will affect the bitcoin price also. But what do you think can affect those peoples mind in invested and selling their bitcoin? For sure the bad news and the good news they heard. The tweets of some influential people also affect them. That’s only my opinion. There is this news I read on some source: https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-will-end-2018-at-50000, it says that CNBC’s Ran Neuner stated that Bitcoin price will end in 2018 at $50,000. Ran Neuner for sure is an influential person because CNBC is a big name in the world and he the host. And in addition to that other (28) twenty eight most influential blockchain insider according to Richtopia, Tweeted that Bitcoin price will be $50,000 in 2018. I don’t know if it will affect the price of Bitcoin or other crypto currency because as I check the CMC / Coinmarketcap.com list still on red percentage. I will just wait for next week update. Maybe this news will affect it soon. What do you think? By watching the price chart it hard to say and hard to think that bitcoin will increase up to 50,000$ in 2018 or in December. Instead of going up it fallen again and again, Whenever it goes to 11k it decreases .  I guess it will not be able to reach $50,000 in 2018.Its price is very down and is also not recovering.In 2017 bitcoin had reached $19,000 but now it is very low.It can reach around $20,000 again but not that high.Its demand is also low now a days.Governments and central banks are also against bitcoin and other cryptocurrencies and are making people aware of this fact.People are discarding the use of bitcoin seeing the price volatility and risk factor also. |
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Have you ever wondered how would the world's economy be like in the future as a cashless society? Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more. If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology. Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies. Nevertheless, I would like to know your opinion about this. As we can see around us, people are so advance now in technology and through it we perform digital transactions and the existence of digital money. It will indeed possible that fiat money will disappear but not now and nit so soon but we can expect that if each and every country embrace the existence and value of the currency. It cannot be possible even later in the future.Cashless society means that each and every person should be able to use the cryotocurrencies.But this is not possible as only a small percentage of people use cryptocurrencies only.It is also very complex to use.It needs internet accessibilty.Investing in these cryptocurrencies is also very risky as they are very volatile and are decentralised too.These cryptocurrencies are based on blockchain technology and there is also a risk that they can get hacked. |
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For me, why you should never sell your bitcoin ever, it’s because of the increase or decreases the price of it. We all know that bitcoin’s amount is fluctuating too much that it will be complicated to predict its amount. Maybe the second reason is the bitcoin’s limitation, bitcoin is limited in 21 million, and mines already generated almost of 80-85% of its total volume so in the future maybe bitcoin become a very expensive and rare cryptocurrency.  First of all, the nature of cryptocurrency like Bitcoin and a rare asset like Gold are different. Many people thought the limited supply of Bitcoin is the primary reason make the price of Bitcoin increase. However, it is just a "reason" for new investor want to invest money into this field. In short, most of us think that bitcoin will be able to reach a price that is very high in the future when the number of bitcoin becomes scarce, so in the near future, we should never sell bitcoin because that may cause us to miss a lot of profit. However, because of this thought, we can fall into bad situations, if the price of Bitcoin does not increase and even decrease, we will waste time to wait and do not receive benefits from Bitcoin, so, I think we should choose the highest selling price possible in the near future, should not wait for a long time, it is too risky Oh My.. you don't know what BTC capable of do you? Have you read the Originals OP's Statement? its a words of wisdom from year 2015, it had already manifested and surpassed 10K $ price, the world already stumbled and world leaders are now on the move to make this currency more useful instead of a tool for enemies. Fiats and central banks were already shaken.. I do not agree with this statement.You can do whatever you want to do with your bitcoins.But you should keep in mind the right time that when you should sell your bitcoins.When the prices are high then you should think of selling your bitcoins.Cryptocurrencies like bitcoin are also used as assets and people hold them for future price rise.You should not sell all of your bitcoins in one go.You can sell some bitcoins and keep the other leftover amount with you. |
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No not at all. Each one of us has its own reason. Maybe the person cant hold on any longer because prices are dropping from time to time thats why he or she is selling their bitcoin. You know when you join bitcoin you are toltslky aware of all the risk you might be facing along the way. Letting go of it is not stupidity its all about the timing. Dont let all of it hold some and make a profit out of it. Bitcoin will bounce back real soon.
No I do not think that selling bitcoin is a stupid decision.Everyone has different reasons that why they want to sell their bitcoins.But the sole reason is to earn money.Other reasons maybe that people must have thought that the prices will decrease so they thought of selling their bitcoins.Since the value of bitcoin is also very volatile we cannot say that where will the price go and if the price will fall they will suffer from loses. |
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But what does that decentralized technology really do
To infer what the intrinsic value of bitcoin
I haven't been able to do it maybe somebody else can.
Can bitcoin change our world?I want to learn from your opinion.
I think Yes, Bitcoin will change the world's economic system. at this time most people have interested to use Bitcoin as transactions. Bitcoin gives many benefits than cash or Bank Transfer, that is a Fast, Secure, and low tax. Everybody needs money to survive in the world, aside from that we need to have a faster transactions and less fees.Our economy will probably gaining good moneys to support the netizen who are homeless and it will imorove the poverty in the community. It has a big impact on the society because it will able to develop new things and gaves goods benefits. Yes bitcoin will definitely change our world.Bitcoin is bringing a revolution in the currency system.Bitcoin is getting very popular day by day.More and more people are involving themselves in bitcoin.Bitcoin is the leading cryptocurrency.Investing in bitcoin is also very profitable deed.Transactions through bitcoin are also very simple and fast.You can send any amount and the receiver will get the amount in some seconds.Bitcoin is also decentralised so profit returns are full. |
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The price of Bitcoin growing consistently from 2009 sum of people are very confuse to see the price of BTC that what is the right time to invest.
According to my opinion at this time price of Bitcoin in low position so you can invest.
What you think.
I do no give you decide. because bitcoin price already hose to lettel dump.so no need invest this time.but if you can want to more profit then keep buying some bitcoin and keep them long holding.i thinks it is the better plan to hold.we are don't went to lossin.so don't worry and keep them the right decisions.you can choice holding,I give you support. You can invest anytime.Everytime is right time for investing.Today bitcoin has gained a lot of popularity and its users are increasing day by day.Bitcoin in today's date is a very good option for investing as it gives very good returns.Bitcoin's price is down now a days so you can invest in it and when the price rises you can earn great profits.Many people just invest in it so as to earn money as they are jobless.Investing is risky but in order to earn money you should invest. |
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
Bitcoin is a new era of currency and probably everyone agrees with this statement. It seems that we know everything about financial relations and money. However, we have never heard that mankind had previously had virtual digital money. Therefore, the current crypto currency is a completely new kind of such money. Now it is difficult for us to predict how long they will exist in this form and what they will later transform. Yes we can say that Bitcoin can be the new era of currency.Bitcoin has a lot of users which are increasing day by day.More and more people are investing in Bitcoin because they want to earn money.Bitcoin is the best option for investing today.Transactions through Bitcoin are very easy.You can send any amount of Bitcoins and the receiver can receive them is just a few seconds.Since taxes cannot be applied on Bitcoin so the user gets full amount of profits.You can also store any amount of Bitcoins in your Bitcoin wallet. |
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Paper money will be banned entirely? it could happen.
Replacing the conventional money with bitcoin or the other is not something easy. It could have happened but it would take a long time maybe around 50 years. Because there are still many poor areas that are not familiar with technology and will definitely need a step slowly introducing the technology to the step of introducing bitcoin.
The future of paper money is fully safe and secured.The paper money is being used all over the world and people use paper money for the day to day transactions and other works.Paper money is centralised so the government amd the central banks take good care of paper money and does everything to maintain its power.Paper money does not require any internet connection to get operated and can be used anywhere anytime.Itcan be used by even an illiterate unlike cryptocurrencies which are highly complex and require internet. |
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Not every billionaire invests in the crypto currencies. The old rich billionaires prefer a traditional shares of the companies. I think, they just got accustomed to these financial instruments and commodities. The young billionaires look at forward and they can invest in Bitcoin and other crypto currencies.
Yes definitely billionaires do invest in Bitcoin.Bitcoin is the fastest and easiest way to earn money.Billionaires know about the market very well and accordingly they form there strategies.They know that Bitcoin can give them huge amount of returns and this is the reason why the invest in it.Bitcoin is the leading cryptocurrency in the market and its demand is also very high.Billionaires also have a big role in determining the price of bitcoin as they have a lot of bitcoins and so they can release or hold bitcoins and prices can be determined. |
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So much so that 15% of banks world wide expect to widely implement blockchain, which is a ledger of transactions updated in real time by various institutions, by next year, according to the report which surveyed 200 global banks.
These banks, mostly medium to large-sized institutions, are focusing their blockchain technology on three areas: consumer lending, retail payments, and reference data, which refers to the real-time information sharing of transactions across business divisions and institutions.
In four years, IBM says that 66% percent of banks expect to have blockchain in commercial production and at scale.
Besides solving his banking problem, one the reason why someone who isn't yet in crypto should buy bitcoin to learn how the future of money works. Everybody says the crypto currencies are the next in line to be used by the next generation to come. If true, this is going to be the right time to start learning it. Another reason is that, those coins that are in the development phase yet are cheap as of now. 3 years more and you can't buy them for $0.25 each. A future investor should consider these two reasons Since the price of Bitcoin is low now a days you can easily buy some Bitcoins.Recently there was a fall in price of Bitcoin and it has not able to cover its price.But this can be an advantage for people who want to buy Bitcoins.Bitcoin's price is continuously rising so people are unable to buy Bitcoins but now it is easy for them. Since Bitcoin is the leading cryptocurrency it gives huge amount of returns and that in a short period of time.It is the easiest and the fastest way to earn money and it is a blessing for those who are jobless and want to earn some income. |
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Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
1. Digital wallet 2. Decentralized 3. No chance to counterfeit 4. Block chain technology 5. Ease and smoothness of transaction Bitcoin is the easiest way to earn a lot of money in a short period of time.Bitcoin is a blessing for those who are jobless and want to earn money.Investing in Bitcoin gives huge amount of profit in a lesser time period.Signature campaigns are in easy way to earn Bitcoins.Transactions through Bitcoin are very easy as you can send any amount of Bitcoins and the receiver will receive the amount in no time.Since it is decentralized,taxes cannot be implied on it so the person gets full amount of returns. |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
This unfortunate fact that I could not go beyond being a product of my dream yet. When I met Bitcoin in the past few years, I would have been among the millionaires, but I was unfortunately not a millionaire because of a constant buy-sell. I am glad of it, I have also gained some nice profits by buying and selling but if I had done hodl, I would have earned much more. Well, we'll have our chance with the next train. Everyone's dream is to get rich and Bitcoin is the platform by which any person can get rich in a short period of time.Many people have become billionaires with the help of Bitcoin.The easiest way to get Bitcoins is by investing in Bitcoins.Bitcoin gives huge amount of Returns in a short period of time.Some people also buy Bitcoins and hold them for future price rise.Some people sell their Bitcoins in order to earn a lot of money.By this they can get rich but one needs to have patience in order to earn money from bitcoin. |
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So my question is.
Are you investing into Bitcoin purely as a investment?
Or are you investing because you believe in Bitcoin and the technology?
Back when Bitcoin started i feel people invested, because there believed in it, and wanted to see it change the world.
Now days i feel people only look at it as a way to make money, and don't really care about the future of it.
Whats peoples thoughts?
I am investing on bitcoin only to gain more profit to suppory my daily needs and to help my parents in dealing with house expenditures. We all know that earning money nowadays is never an easy thing but when I met bitcoin, I was able to produce large amount of money within a short span of time. I am also think about investing on it forever to earn more money and start up a business so I can stop depending on bitcoin alone. Yes every investor has the same intention, every person want to invest money i bitcoin and get some profit. In fact every person is expecting that he can make good profit from bitcoin investment because it has give such a huge profit to people in past. I think that those people who will invest money in bitcoin right know will surely get good profit because bitcoin still has the potential to give profit to people. Bitcoin is a very profitable opportunity for those who want to earn money quickly.Bitcoin is over the top of all the cryptocurrencies and altcoins.There are many investors who are earning profits by investing in bitcoin because it gives very huge payments.Everyone here wants to earn money and profits.Many people have become millionaires with the help of bitcoin only.Even billionaires invest in bitcoin because they know that bitcoin will give them tremendous amounts of profits. |
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Bitcoin prices are very unstable because the Bitcoin market is very broad. Bitcoin demand is increasing in the world, the number of investors is increasing. People are benefiting by investing in bitcoin. The developed countries of the world are benefiting economically from Bitcoin.
The price of Bitcoin depends upon the forces of demand and supply.If the demand is more the prices will rise and if the supply is more then its price will fall.Bitcoin also depends on the usage from country to country.Another factor is investment.Investing in Bitcoin which is also factor for its volatility.Trading is also factor on which Bitcoins price depends.If more and more people are buying Bitcoin and holding them then its price will rise or if they are selling more than the prices will fall. |
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