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Actually bitcoin now is mostly used by good people, most of bitcoin transactions are in exchange site and online business. The number of crime using bitcoin now is smaller than the past. So bitcoin now is very positive, and it also give the users a lot of benefits.
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I have started saving it now. I did not saved before. I had couple of bitcoins in 2014 while it was 2004 only, I did purchased them but then I wasted them on spending useless online games and stuff like game cards. Now I am little more mature and started saving them for my future.
Bitcoin is to worth to spend for something useless. We better to safe bitcoin as many as we can now, the price will keep increase. Saving another altcoin is also good but usually those coin prices are just pump and dump in certain period, so we need to be carefull with this. |
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i think coinbase and myetherwallet is very safe of anymore wallet .and i use the wallet.
Yes both brands are very good. We do have to pay attention to the brand of wallet that we use. Especially if we use online wallet, we should not be careless about it. Of course we do not want to get scammed. I use blockchain wallet, the brand is pretty well known. |
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The IMF (International Monetary Fund) said a few days ago that bitcoin is very dangerous because it can disrupt global financial stability. What do you think about the IMF's response ?
Of course they will said like that, they will not allow their control of the world's economy to switch to any individual holding money. I am not said that they have full control but they have role in world's economy. Many claim that bitcoin is bad thing, but their real reason is because they do not like anything that interferes with their business. |
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bitcoin is the digital currency for the future. and here is an opportunity for me to find wealth, because with bitcoin everything can be done like trading and investing.
Yes, we still in early stage so the chance to grow our bitcoin is still much. Bitcoin price will higher and higher, of course it earning bitcoin will not as easy as now. For me bitcoin is currency which better than paper money, fast world wide transaction and low fee was impress me. |
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Yes it should be in class but idk why our teacher has not tell even one thing about bitcoins.
I think he think that bitcoin is just a gambling. But bitcoin is really helpful to gaining some educational knowledge.
I think there are a lot of people who made wrong perception about bitcoin. People should not judge something before knowing more. Bitcoin is just a currency that makes positive impact to it's users financially. The education office should include bitcoin in economics subject. |
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Btctalk name millgates
Rank Senior member
Current post count 479
BTC Address 1C5Tk7NSFGJpQyv3ALngZyq72eb4nbyxsP
Wear appropriate signature
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Many preconditions for cashless society have already been fulfilled but still it's not easy to transfer our finances just like that. However governments focus on digital growth cashless society is simply an impossible tax. This is possible, but this would be implemented by the governments.
There are some countries that very serious to become cashless society, those countries trying to fine economic system that better than economic system using fiat, its pretty good becausw if they use bitcoin, they can avoid inflation and control by stronger countries government. |
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Bitcoin is opening its wings and flapping across the Globe. Several countries with huge populations are adopting it and creating a situation of 'excess demand'.
This is just a start. There is more to go for Bitcoin.
Not all countries can easily adopt bitcoin as currency, probably some countries need to build the infrastructure first before adopt bitcoin, basically bitcoin only need two things, device( smartphone/computer) and internet connection. Bitcoin can become solution for unbanked people. The countries which has good technology development like japan can easily adopt bitcoin. I am sure that everyone can access the internet in line of the development of technology, so there is no problem for bitcoin to become global currency. |
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Btctalk name millgates
Rank Senior member
Current post count 475
BTC Address 1C5Tk7NSFGJpQyv3ALngZyq72eb4nbyxsP
Wear appropriate signature yes
Please allow me to join this campaign
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Do not single out USD because all curreny in the world can be used to fund terrorist or buying drugs or anything that terrorist needed.
The Majority of illegal goods are bought using usd, this is because most of usd and other fiat transactions are not recorded unlike bitcoin. If all people in the world use bitcoin as the main currency, the number of illegal activity will be reduced because bitcoin isn't really anonymous, hence the guys who didn't spend enough effort to hidding their trails got chought. Even silk road can be shut down. |
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I can say this straight without flinching: china is dead without us! Who are they fooling? Bitcoin is catering to the world in terms of crypto transactions, trading, and other services. People from all over the world are buying, selling, spending, exchanging, bitcoins. It continues even when china does not care, hell, even if china is wiped out off the map.
There a lot of countries that trying to replace the china's domination of bitcoin. Japan and south korea has been the two of many countries accept bitcoin. The citizen of the two countries are investing more in bitcoin, after a crackdown at china's central bank earlier this year, more investor in south korea and japan turned to invest in bitcoin. |
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People should use bitcoin because it is hassle-free, fast, it has minimal transaction fees, therefore it's cheap and there's a certain level of security to it. If more people become aware of this features, they might open up to the idea of adopting bitcoin as another currency, which would be a good thing for the further development and stability of bitcoin.
Feel comfortable in transaction. Yes, this is the reason why we should use bitcoin. Governments, banks, and other financial intermediaries have no way to interupt user transactions or placess freeze on bitcoin accounts. Users experience a greater freedom than with national currencies, the bitcoin system is purely peer to peer. |
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I think the biggest disadvantages of Bitcoin is the bitcoin transactions fees, but currently it's not a problem at all. We can see that bitcoin price is too high, and the fees now is more acceptable than the past, But i think the bad think is the high volatility of price. Maybe it's not bad for Traders, but really i don't think what can i call that exactly.
Yes, the volatility is the biggest disadvantage of bitcoin that prevent it to be accepted by merchants. This is one big obstacle for bitcoin, but the volatility is properties of the new currency with relatively low liquidity, so this is normal. The traders makes the volatility even more high, but this is what makes investors and more people interested in bitcoin. |
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It's already happening, search for negative issues of Bitcoin and you can see national banks around the world are trying to get involved with regulation on cryptocurrencies... proposals. Key personnel would publicly speak out about Bitcoin negatively, and ponzi schemes, tax avoiders, money laundering, ICOs are some of their favorite highlights.
it's perfectly normal anyway as governments are closely tied with banks.
Yes, you right. Someone from jp morgan declared bitcoin a fraud and would blow up. Bank start to attacks bitcoin because they are afraid of bitcoin and blockchain. Bank is the same as the another companies that don't not like anything which can disturb their business. Bitcoin has very good features that can easily attracts people to use it the use of bank service will be reduced. |
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If they want they cannot ban the Bitcoin now because Bitcoin is technology based currency and many people are supporting the Bitcoin for better results.
Right now for governments, it is not possible to ban the Bitcoin because without governments involvement the value is kept increasing in the market.
Yes, no one can stop bitcoin. Government can try, but they are always fail. Their inability to control bitcoin networks scares the heck of them, so they make terrifies regulators. The underlying records of the transactions are copied all over the internet. Some government try to make bitcoin price fall but we saw this almost immidiatelly rally back to new highs. |
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I will choose trade rather than investment. Because trading is more profitable than investment. Indeed every trade there must be ups and downs that make me more excited in trading
There are a lot of chance in trading bitcoin to gain profit because the bitcoin prices is move so wild. But the risk is high enough, all traders are created equal in the ayes of the market, every good traders are ever loss and make wrong decision but the great traders are who can make good strategy and always stick into it. So don't be afraid when you loss in trading. |
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