The first time I came into contact with BTC, I felt that there was little difference between e-payment and BTC. However, with the gradual understanding, e-payment and BTC are becoming more and more different.
In essence, electronic payment is the circulation of legal currency in one or some countries, while BTC is the circulation all over the world（ If every country agrees)
hello sir, I think BTC is not just electronic payments BTC is an asset, so it's very clear the difference between electronic money and BTC, if BTC will be legalized in a certain country it will most likely affect electronic payments |
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#Proof of Joined
Bitcointalk username: samsul1234
Campaign to Apply: Facebook / Twitter
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Looking at the past financial crises that happened, they all seem to have a few things in common, such as the mass adoption of a new financial product or technology (e.g. mortgage backed securities in 2008, dotcom boom in 2000). Given the extent to which institutions (and some influential figures) have been manipulating crypto recently, do you guys think this narrative is likely?
hello sir, in my opinion bitcoin is currently in its peak era and will have a bad impact on global finance, for example, now many people flock to bitcoin when bitcoin reaches its peak, and when it is below people who were at the top will be forced to go down and the economy they are very disturbed so the biggest threat is when bitcoin peaks there will definitely be a very sharp derivative, it will greatly affect the financial system |
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While I was scrolling through some tweets today, I came across someone's tweet regarding Bitcoin  Firstly, I don't think he's a Bitcoiner because he said "password" . Bitcoin wallets are mostly about recovery phrases or private keys. I think that he may not be informed on the fact that one can back up his/her unique phrase or private keys in various places so they don't get into such trouble of misplacing it(which is what most of us are doing). But then; Secondly, he is also making a point. We are all getting excited, and probably even buying more, but we've forgotten that we need to be more conscious of our backup. Most of don't even back up properly, we just screenshot our phrases forgetting that screenshots can be seen by others and even be deleted by anyone. Let's be cautious about our backups, check them if they still exist where you kept them and be sure if you need to replace them. hello sir, maybe he meant the phone lock, I think with the allet key at this time it is quite helpful to store our assets, at least we also have to be careful with thieves around us, it's better if we double lock or we put a small part of our assets not all of them |
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For the first time in history, money is separated from the state. Bitcoin aims to be an alternative to Fiat currencies by providing financial inclusion to anyone, anywhere in the world. A system governed by mathematics and cryptography will put an end to corruption once and for all. The pioneer cryptocurrency can be used globally without limitations thanks to its decentralized model. People can send cross-border payments in minutes without the need for ID verification, background checks, or credit checks of any kind. This brings a whole new era of financial sovereignty as we know it. What do you think? Is Bitcoin better than Fiat? If not, why? Is it still too early to tell? Your input will be greatly appreciated. Thanks in advance  hello sir, in my opinion it will be too early for bitcoin to become fiat money at this time we can see how easy it is for people to use bitcoin, and it's easy for people to tear down the price of bitcoin at this time, the country might think about going to bitcoin in anticipation of FIAT, because bitcoin is not like fiat, about the corrupt people in it, everyone must know here how the current scam projects are projected, so the government will really rethink about this and have a little doubt |
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The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?
The next short term target is $60000. For now, next target is new ATH.
BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)
hello sir, what you are talking about is very true we can see far backs where bitcoin is only worth $ 1 and now bitcoin is reaching its peak and the longer bitcoin will probably fix what is lacking, in this current pandemic era maybe more people will be quiet yourself at home and maybe you will read about the history of bitcoin and little by little people will start to be interested in bitcoin, so whatever happens we are still HOLD bitcoin, lest we panic or weak in storing bitcoin in the long term, I have bitcoin from 2017 and until now I am still HOLD, I have not sold it at all |
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You are not allowed to go outside in the country bringing lots of money. It should only be limited on the intention of your visit. This is why government had task authorities to manange some interviews before they will accept your application to travel outside the country. This include t limit you in bringing lot of money. But what if you are using bitcoin?
Government are unaware of people using bitcoin or maybe aware but has not taking actions in this to avoid making some losses especially in terms of the asset that determine the value of the economy represented by fiat currency.
If fiat currency will be transfer outside the country through bitcoin then it is just like we are selling our asset to other people and that may leave that the countries economy will slowly will going to die. I think this is why the reason that government are requiring known exchanges to do KYC so that they can tract people who are doing this. Besides there are other things that bitcoin could be
getting abuse by the criminals like
* funding terrorist,
* money laundering,
*kidnap for ransom using bitcoin, and etc,
Other than that bitcoin is considered as an asset why?Because Bitcoin is being bought by fiat currency which derive its value like gold. The sad part that I am making some point in my other posts is that
* when you buy bitcoin cheap you earn, while others buy bitcoin which is expensive they lose.
* The rich people could earn more in investing bitcoin while poor people could lose more. (vice versa the rich people may lose more and poor people can earn more)
* the use of bitcoin to travel spending outside in the country is more like selling your country asset and that could destroy the economy of that certain country.
This could be the reason why bitcoin is being ban in other countries because they are protecting their economy against bitcoin.
US dollars had been bought through bitcoin and exchange it with dollars. There is a news that the US government had limit the community the use of cryptocurrency because there are some country that are eyeing to use cryptocurrency to extend their purchasing powers of dollars and that US government does not allowed or make it happen. The US asset is somehow being sold by people who buy cryptocurrency and that is why KYC is being implemented and other altcoins project are not accepting US community to invest in their project because they can get penalized by the US government law I guess.
hello sir, what you are saying is very precise, I agree with what you are talking about, so I just understand bitcoin is banned in various countries for reasons that are VALID, recently Iran Delang banned Bitcoin from entering the country I think for the reason of payment electricity is very high and the price of bitcoin is decreasing, I think the current government will think twice about entering bitcoin into its country, maybe bitcoin has not been set up with a lot of speculation that this is not as stable as this might cause losses to certain countries |
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This will increase the creativity in bitcoin world.Have we thought of this, I’m seeing bitcoin leading the world as the world power cryptocurrency.If a president of the world power is a trader and in support of bitcoin, It will affect bitcoin positively, countries,people will now start to legalize bitcoin on their own.So it will be great if this happens, I do understand that bitcoin is not a physical cash, that doesn’t stopped anything,You can move with millions of dollars in your wallet as bitcoin. It will be a positive impact if this happens.
hello sir, I agree with you that bitcoin might become a giant when all countries allow bitcoin to be on state exchanges, but big people will also flock to follow the bitcoin flow, the impact of bitcoin will be flat trading and will be like a currency what the general world is today and all countries will probably negotiate bitcoin to become a fixed currency at a controlled price |
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Being one of the famous personality around the world, Elon Musk is using his tweets to pump up the doge coin. I can't say that he can dump bitcoin alone with his tweets because there are other big players involve in it too but for dogecoin, he is single handly pumping with his tweets. But this cannot continue forever. Sooner or later, his tweet will have no effect on the prices. I wonder when that time will come ?
hello sir, I think for now elon musk is really influencing bitcoin prices, and pumping up Dogecoin, because what he says can really bring bitcoin down, but over time the people around him won't care and as time goes on his tweets may not It will affect the bitcoin price exchange, I think the tweet in the near future will probably not affect bitcoin, congratulations no one panics, maybe tomorrow you won't see many people |
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Dan Pena said in an interview which was being uploaded on tiktok that he knows who is behind or the founder of bitcoin. He then said that if people know who is behind bitcoin then bitcoin will going down to zero. He also state that a bitcoin user could not literally sleep well at night due to market instability and security. I posted the link below guys. What do you think? https://vt.tiktok.com/ZSJBP8faQ/ hello sir, in my opinion there is no way bitcoin will become 0 $, because it will be difficult when bitcoin has come this far, if it will go down maybe it can go down by around 60% and it will not be zero |
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Iran bans Bitcoin a few days after China did. This is coming after what seemed like an aftereffect of the Chinese action that saw Bitcoin dip severely (it still hasn't recovered from it).
I'm wondering if there are going to be any side effects or consequences for the Bitcoin community with the action taken by the Iranian government or is it just another case of "the snail shouldn't talk where animals with horns are asked for opinions"? Iran isn't such a big name in the crypto space, by the way.
According to report, the ban is a temporary one which will last only four months to enable the country correct its power blackout.
Do you think this ban from Iran is another FUD?
hello sir, I think that Iran is banning bitcoin at this time maybe there are factors in its society that are frustrated because the market is going down dramatically at this time, and maybe Iran is keeping the electricity costs soaring while bitcoin is decreasing, I think this news is bad news for bitcoin, where people will definitely panic about this and will think in the future maybe other countries will follow to ban bitcoin |
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I was just thinking, most new projects i.e the altcoins we have today are really not bringing anything new to the table other than enriching the devs themselves, who have these projects milking the life(value) out of established coins like bitcoin which could be the cause of been bearish or the extra load that's slowing bitcoin from going to the moon.
So what could be the long term effect of having more altcoins on the market, will they help build or break bitcoin?
Could exchanges play a major role in ensuring shitcoins don't get to see daylight to protect coins that are established to grow?
hello sir, I understand what you mean, in my opinion this altcoin is only a price rotation in a lower market, so in my opinion altcoins will not be able to destroy bitcoins, because these altcoins have no basic basis, otherwise these altcoins will depend on bitcoin, so the conclusion is bitcoin will not be affected by new altcoins at this time, bitcoin may rise to the top of the month or into the deepest abyss depending on the people who are in the current sales market, we take for example elon musk, so back to traders, altcoins only bridge to enrich us with a small wave, bitcoin will not be affected by the existence of altcoins that have sprung up at this time |
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hello sir, I think the initial technique of bitcoin was like this a long time ago, we are just following the current market buying and selling flow, we are involved in a big war now, depending on us where we will give up or we survive, many people there are very angry with the big decline- size but there are only people who can benefit here, bitcoin is like this from the start, it feels difficult to create a new concept in bitcoin
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Leading North American mining companies (such as ArgoBlockchain, Galaxy Digital, HiveBlockchain etc..) will form a Bitcoin Mining Council , the aim being to reduce the industry's greenhouse gas emissions. Such initiative was announced after their weekend meeting with Elon Musk. Should this Council be considered as Musk's attempt to rehabilitate himself in the eyes of the community or he really wants to help? hello sir, yeah what are you saying, I think this Musk is taking advantage of his own by paying a small amount for personal needs and for his own project, it won't really help, and if that happens it should put a little bit of effort into improving bitcoin exchanges -his. , or the little thing he could pay for electricity from the largest mining company in the United States |
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After the recent bleak market. Many people do not even understand the basic principles of Bitcoin and blockchain knowledge, so they attack Bitcoin. What kind of mental state is this?
hello sir, I understand what you feel at this time seeing the brusa bitcoin drop dramatically, these people are not mentally strong or better known as panic sell, people who panic sell may not understand the basics of bitcoin, the point is they will sell everything when bitcoin price crashes, that's probably what is called panic selling |
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Bitcoin is new digital Gold
Like Gold in Bitcoin there used number 325.
The 3x25 means whales buying the dips 3% 25 times and selling 3x 25 % as corrections.
So those guys just love to use numbers...
Same People who created gold the same kind of People created Bitcoin
Anyways Every Financial asset is ponzi the bigger the volume and investor bases the bigger the ponzi. Bigger the ponzi longer it will last
Gold was and is Pure ponzi so Bitcoin is new much bigger and Better ponzi.
Gold is done there are no More gold investors just.
Now the smarter people selling gold and They buying the bitcoins.
Those who bought gold early are rich now selling gold Bitcoin is going to take the gold place and Will be new gold imagine how big was gold and it was so Long Here.... The Bitcoin Will last even longer It's much bigger and bigger ponzi.
Gold is done and soon all the capital in gold Will go in btc.
If anyone want to say gold has value then yes it has but Not this value what the price is first to know gold value real value it has to be stable Not like Up and Down That's Not shows value but It's only speculation.
Speculation of the gold futures market cant be the true gold neither btc true indicator.
However Bitcoin is designed Same way how the gold is designed it just digital.
It was gold time Now and It's a Bitcoin time *
For Bitcoin there are a lot More investors then for gold but for gold no More investors.
Hello sir, yes that's true what you say bitcoin is equivalent to gold but there is a slight difference between gold and bitcoin, bitcoin is a digital asset where every hour there will be a live trading market and every hour it changes in price, but gold does not have it. , gold will only change in 3 years and investors may be bored seeing the FLAT gold development, I think bitcoin will replace gold in the trading market in the future |
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