Having own Bitcoin wallets is itself a personal bank which can be used to store, receive or send BTC to any bitcoin user globally, as well as bitcoin is P2p currency based on decentralized platform. So No one control it. If Bank consider to use blockchain technology for better administration then its always welcome but Bitcoin bank with centralized services can make lots of misleads to entire bitcoin network, also can harm to user by privacy control and security issues.
But what if these banks bring Bitcoin to another level. I mean, what if they can increase the usage of bitcoin to the same degree as fiat money? Will you want a Bitcoin bank? well sacrificing bitcoin's advantages for making its usability increased and got the same degree as fiat money,seems so benefitable but it will lost all its advantages didn't it,such as those features had been mentioned by digitalbitcoin,having bank to backup bitcoin is good but there must be negative side about it |
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Interesting topic.
Well at the beginning bitcoin designed decentralized which it's not covered by government and law. This is impossible to reporting to cybercrime police if your coin stolen, instead it can be a boomerang if your country doesn't allow bitcoin activity.
But the question is how there's country who make it legal for bitcoin so, we can report it to the police if we got stolen our bitcoin?
well if you're living in a region which already regulate bitcoin,i guess there must be such a rule thatprotect bitcoin users against criminality,and especially if government already taxed those bitcoin users,then protection for a bitcoin users is a must and it could be considered as using usual currency so normal law will be used |
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I agree. Because first maybe another exchanger have a better offer (talking about the price of btc), second the exchanger hacked you will lose all your bitcoin and that's wouldn't be good.
if the exchanger were hacked there's still a chance for you to recover the loss or the exchangers will be responsible of your loss because it's their fault even they can't fully recover your loss but you will still get your funds,but if the exchanger just turning out scamming people,they will ran away with your money and there's nothing you can do |
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I think it is very unlikely that we will see a worldwide crypto currency issued by a central bank since that will require a government so powerful that it can impose his will above the will of the other countries and while the U.S is very powerful is not that powerful.
I think cryptocurrency will not be able to master the major currencies in the future, as long as the government has a fiat then it will be difficult for cryptocurrency to be the main currency in the future Bitcoin enthusiasts don't want to make Bitcoin the major currency, they just want to make it accepted and regulated currency, in some countries people use USD more than the main currency of the country, and Bitcoin will occupy the same position if governments regulated it. not really,bitcoin enthusiasts really wanted bitcoin to be the future digital currency which will be getting used around the world and become a common thing among people,no matter its region and races all will be allowed to use bitcoin as it should,it will be more better than only being accepted and regulated |
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I hope that PayPal will restore its reputation and will work as early as in the near future. It is a pity that they have lost a lot of customers. Nobody wants to risk their money
they don't lost a lot customers,even they do,they will always get a bunch of new customers,as i've seen that paypal verification service are now growing up and getting used widely among many people,it's a clue that paypal still become a need for those who transacting in online world even their policies are sucks and painful,you can't avoid that they're the most used service compared to other Most users are unaware of those policies anyway until they encounter someone disputing payments. I can only imagine people making thousands of money by depositing 1,000$ in Paypal, buying something worth 1000$, then dispute the payment after you got the item. I'm pretty sure somebody's abusing this Buyer Protection Policy so much while seller's can't do anything about it. well that's will only going to happen if paypal do approve the chargeback request and the buyers who requesting chargeback will need proof to prove that he's actually really not receiving anything,but sometimes paypal just blindly approving the requests and as a result so many sellers getting scammed,and it's always happening when a transaction just about to break the paypal's rule such as having a cryptocurrencies transaction,ironic but real |
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Since bitcoin and other digital currencies are such a game changer for the traditional economics systems, could there be any government policies that can be devastating to this new market? and even if governments in North America or Europe might not be able to do such things, how about policies from other more centralized countries that could bring the same effect?
very posible is goverment regulate bitcoin and several country is ready regualte, china , japan is regulated bitcoin in europe only wait volume transaction and user bitcoin is hign in there can same regulate bitcoin Let us wait for that to happen, and I believe even if they try it's hard for them to regulate the entire system and we will never gonna change what is the original system of bitcoin. When it is regulated, we do not have the full freedom to perform what we want. yeah you don't literally get the freedom,but it's fine as long you will not trying to do something illegal and really forbidden by the regulation or government's rule,if you keep being such a good citizens who always have a better life rather than trying to trick the government,your freedom will not decreasing |
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a secret promoting or advertising LOL,your newbie account prove it,i hope people here will not fall into this bullshit topic but if you're asking it honestly and purely not promoting this site instead of asking, i do say no,it's an HYIP site and you're really not encouraged to get involved into these kind of shitty sites which will eventually took your money
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as far as i know,people are trying to get away from banks by using bitcoin,and always being proud of its decentralized system,and as main post stated by OP and if that really does happen in the future,then why we use bitcoin if the purpose of using it is to get away from banks?
even though if does allow you to open a bitcoin account it will make people easier to buy bitcoin or exchanging it
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i heard that kim dotcom will be releasing megaupload 2.0(Bitcache) which integrate blockchain technology into it and linking micro transaction with files transfer,don't know what exactly it is but if you're looking for a company which integrate blockchain technology,maybe it will be a good choice even though the site weren't released yet
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Design is appreciable but few signature campaigns do not bear any change in signature during the campaign. I am not sure whether changing signature will make an adverse impact on the signature campaign.
well it's not a signature code/BBCODE so it's can't be used to insert onto your signature slot,even if few signature campaigns do bear any change,this design can't be used,signature slot can't be inserted with image as far as i know |
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I usually trade on poloniex and it's the best and if the coin is good and you really trust it and if the work is going on in the background for the coin then even ccex bittrex live coin your are also good
Try cex.io also, it is very good and the platform is quite professional. Lots of bitcoin are being traded there on daily basis, I have been using this platform since 2013 (started using it for cloud mining) and never had any problem with them. Honestly I am not thinking of trying any new platform for my bitcoin trading, I believe I am already with the best one. \ C-cex is running smoothly in few years indeed,but their interface just so boring honestly,if i do say i would prefer to the exchangers with the most attractive interface yet secure and popular,trading on this kind of site will gives us a different impression and it's actually quite awesome rather than the boring ones,just my honest opinion and didn't offend any fan of C-cex |
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regulations are not something you should fear. actually it is the opposite. although there are times when they are hurtful and hard to accept but in general and over time regulation can even be good for bitcoin. because people will trust bitcoin easier and can use it much easier than fearing "what ifs" for the future.
I do not think it will be good. In any case, the government will try to tax the use of cryptocurrency, which is very bad and in other side,government will make a regulation which could possibly making bitcoin users feel safe such as protection to them rather than being accused as using illegal currency and could make them getting jailed? which one would you prefer? paying tax or getting jailed if they were banned bitcoin Watching what taxes. If the percentage is very high, it is more profitable to abandon the use of Bitcoin. Well, some certainly are risks and illegally extract cryptocurrency If that government would regulate a quite high tax for bitcoin then it's a mistake being made by government,people will try to avoid any kind of taxes or even worse don't pay the taxes and then the regulation is failed from my opinion,the government will only obligate bitcoin users to pay taxes as much as fiat users does |
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I try never to invest in hyips and always look for sites where the Admin shows his face, whether he has a genuine and active facebook, linkedin, twitter account and also if the company is solid numbers wise and has a lot of support.
Yes i agree with you, usually people who got scam making investment into HYIP's website and the best way for not get scam is never making investment on there, because all of HYIP's website fast or slow they always becomes scammers in the ending and never be survive for long time. well that's indeed a problem and HYIPs are bad,by stopping to invest into these kind of sites will stop them to get scammed but the problem is how to figure out whether the website is HYIP or not because some websites even stated that they're not a HYIP site but actually running HYIP system which is definitely tricking some investors and the result they catch those investors and stole the funds,for example,a cloud mining that's now are popular and most of them are actually running with Ponzi/HYIP system |
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I dont know what is the average age of the bitcoin users. Because many bitcoin bitcoin user dont reveal their profiles, cause they want to be anonymous. But i have many friend that is using bitcoin at age 15-19
but to me as i know some people who are using bitcoin and whose age is above 30, therefore to me the age of the most users will be above 30, yeah you've seen some people whose age is above 30 but doesn't mean the most of bitcoin users is above 30 years old,as you stated that you just seen some and can't just generalize,even though the exact result is impossible to be found,but you can know from this topics that actually people stated they're below 30 and it's valid |
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I hope that PayPal will restore its reputation and will work as early as in the near future. It is a pity that they have lost a lot of customers. Nobody wants to risk their money
they don't lost a lot customers,even they do,they will always get a bunch of new customers,as i've seen that paypal verification service are now growing up and getting used widely among many people,it's a clue that paypal still become a need for those who transacting in online world even their policies are sucks and painful,you can't avoid that they're the most used service compared to other |
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SparkProfit is a great way to earn some cash i made 31 $ from it from doing nothing all you have to do is look at the prediction of the prices on the internet and boom you get points which will earn you money they have a mobile app which makes earning much easier.
Are they really paying even without investing? Because I have read an issue about this spark profit on a facebook group about online earners. And someone said that he is not able to cashout his $30 unless he is going to invest first, basically it is saying that you can earn for free, yes. But upon cashing out your earnings you need to invest first and deposit money to them. Yes they pay even without investing! I'am really do that without any problems but there is Tiql : https://tiql.co/Here you should deposit and play or you can transfer money from sparkprofit to tiql. just heard from someone saying that sparkprofit is teaching the way to be a good traders and seeking for skilled traders who have talent and recruit them to be a real traders somewhere,don't know the truth behind it but if it does right,then it does make sense why they're putting such an effort for making a trading simulation and even paying with real money |
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There is a version of agar.io which can let you earn bitcoin. However its run as a faucet with advertisements and its not going to get you a lot of bitcoins. But is a fun way to earn bitcoin while playing. Its called chopcoin
definitely there's,it's called chopcoin.io,things work out like agar.io but with bitcoin rewards as being explained by this reddit users "Fiach_Dubh" and here's his explanation As a huge agar/bitcoin fan, I've been waiting for an agar bitcoin hybrid forever.
My Experience so far:
Works exactly like the regular agar.io game. I played on the high roller playground for .01 and killed one opponent twice and another opponent once and got a pay out of .0347 so not so bad of a return if you got the skills. However, the arenas are much smaller, and will likely expand if their are more players.
I was able to withdraw .02 to my wallet no problem.
I've also created a subreddit /r/chopcoin and will be posting some video tutorials/games/dates and times for tournaments there.
so excited for this.
EDIT: if you are a nooby start out on the faucet playground to get a feel for the game. There's no cost on this playground, and you can win some satoshi's (up to 3000 Is what I've been getting). definitely worth it to fill up your free time with something useful,atleast you earn bitcoin even not that much |
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If anyone offer you, So which thing you want choose like
1. BITCOINS
2. GOLD
3. DOLLAR (fiat currency)
If these things have same price than which thing you wanna choose? Actually I want to guess how many peoples like bitcoin.
Because if i have a offer than definitely i will choose Bitcoin, because i like bitcoin more than gold, and bitcoin's price is more strong than dollar.
i will be choose bitcoin because bitcoin is very useful and profitable currency than gold and USD and we know that bitcoin increasing its price very faster so i prefer that bitcoin is very better than gold and USD . to be fair here bitcoin's price falling is also fastly happening,but making profit isn't just counting on fast price increasing,but it's about how we manage to get the profit no matter what you're going to trade,all is basically equal,has its advantage and disadvantage,if you got an easy profit but suddenly losing because price falling so fast,it's no use either |
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Bitcoin is just a currency and it can be use for shopping and some people use it as investment so we can says that bitcoin helping the poor country and people buy bitcoin with low price and then wait for higher price and when price go up then they sell it with high price .
unfortunately people in third world country don't have money to buy such thing,even they can't afford for a PC if they was really poor,$700 for a bitcoin just too high for people in 3rd world country,even though they can buy lower amount than a bitcoin but they will only get a small profit |
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To be sincere to myself, I don't like all these sort of contest services. Why not hire each person to design the logo for your and pay them off instead of just two to four person winning some BTC while others receive nothing after they have contributed their own share if at the end they did not win.
Sadly it also requires designers not to enter such competitions in the first place. I personally don't enter these kind of competitions on principle. But its a global market and some mediocre third world designer will pick up the job if means rice on the table. This video says it all  https://www.youtube.com/watch?v=DsstOs-K7gksometimes making a contest would result better than hiring a logo designers if the site publisher were just out of idea what he's going to make so he's expecting someone to give a fresh idea and get a good result rather than counting on the one designer,it is was from my opinion,even though i'm mostly joining these contests in order to improve my skills and as jayce mentioned to get some example of my designing to be inserted into my portofolio and to add an additional point when i'm going to apply for a designing job |
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