Of course not, because too many people is in poverty, for example in Africa. But in more developed area, like Asia, Bitcoin can help people, because of cheap mining there. Plus Bitcoin also can help people, who understand computer, so in fact Bitcoin help to smart people. With time Bitcoin can change life for people in poverty, but it is not going so fast. I am sorry but I disagree with you, there are so many place in the world that have no bank. Easier and faster transaction will make small and medium business enterprises grow faster. So job vacancies becoming more and more. Thecnology can solve problem better than politics. By using bitcoin they do not have to pay on money remittance service.
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I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
Yes me too i heard that bitcoin is good to invest here bevuase the value of bitcoin is still increase and have a strong value i can say that in the next year the value of bitcoin is going to increase $5000 and i think this is our future money. The price really has a big effect. No one should ignore an investment opportunity based on sentiment. There used to be financial institution called goldman sachs that dismiss bitcoin for some time. But the institution is now actively telling their investors not to dismiss bitcoin any longer, considering how one bitcoin is valued above $4000.
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Username: millgates Post Count: 387 BTC Address: 1PZe8h8jP26EfHEXnGMDGxKffT78wn1zQG
Accept me please
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Everybody that doesn't live in a third world country must have noticed that we already use e-money.We are paid with money that we can't see,we are trading without cash money(POS for example),we are using atm,paysafecards,paypal etc. There is obviously more easy to transfer money, but I think there are still problems suchs us criminality,interest rates, and generally the feeling of insecurity.
This is becoming more common especially in first world countries, however even in those societies I think it is a bad idea to not have cash, what is going to happen if the lights go off for a significant amount of time? No one is going to be able to trade products since there is not a medium of exchange. Friends, now we are live in millenium century which the advance of technology is grow so quickly. People are smart enough to confert wind, water flow, coal and even sun light to become electricity and deliver it to anywhere around the world. There are some advantages to become cashless society such as reduced handling and transport costs, increased security and a drop in attempts to steal cash. Bitcoin is the best currency for cashless society because it is not controlled by anyone and no inflation in it.
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I seen a lot of change in Bitcoin during this year and it still rising in the market. Although how much we should expect in Bitcoin Prices? does this will not fall in future?
Everyday I am seeing the price going high and only on some occasions it falls down, but obviously it rises again than the falled level.
Let see what will happen in December 2017 and how much it will grow.
Yes, lots of positive things related to bitcoin that occurred this year.it seems the world is beginning to adjust to bitcoin. Innovative fintech deals involving blockchain have surfaced this year. Also the australia's government has change their bitcoin regulation for the better, the government is committed to establishing australia as a leading global financial technology hub. I think bitcoin will be more and more popular in 2017 then the price will rise.
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Isn't it now bitcoin has become a global currency in virtual form, bitcoin marketcap has established it as the highest among others. To compete with conventional currency, bitcoin cann't be applied globally, because not all countries have readiness to accept bitcoin.
Yes, regulation is really important. Australia has had a trouble relationship with cryptocurrency regulation in the past that bring bad impact for them. But now australia has officially confirmed it will treat bitcoin just like money from this year and it will no longer be subject to double taxation. Bitcoin is gainimg more and more acceptance by many countries so bitcoin will not only become a global currency but I think bitcoin will become a major global currency.
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[Edited to make it more understandable question] What if all nation use only a one currency or one global currency?, What will happen to our world?, What is the effect of every nation's or every country economy?, It can make people's unite each other?Any opinion. It will be good for the world economy. Probably there is no more economic crisis, all transaction will be fair and export sector will be more stable. Government of strong country such as USA can manipulate the price of USD for their own advantage that Probably can harm another country. The only one currency for the world should has limitation in amount to prevent the inflation.
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Why Is Bitcoin's Value So Volatile? I am confused to buy bitcoin now when it's value is too high.
There are a lot of factors thatmakes bitcoin is so volatile. Bitcoin is so volatile because most of bitcoin users are trader, this is a new concept of a payment system and bitcoin still not spread evenly. But it is not a problem because it is also a positive thing for trader to gain profit. The price of bitcoin will be more and more stable in the future.
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I think today is a good opportunity to buy bitcoin, because now the price is down, is a good opportunity to accommodate it at lower prices. Forgetting the moment of the day is a mistake. Buy it now or just be a spectator as the price starts creeping up again.
The price of bitcoin is still volatile. So we better to buy bitcoin at the cheapest price in that month. So we can get the maximum profit. But so many people still confusing about how to buy bitcoin ,the easiest way to buy bitcoin with credit or debit card is via indacoin, you can acquire $50 or less of bitcoin.
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The fact that I can earn through bitcoin. I am just sitting on my chair, drinking coffee while earning bitcoin. I make money. Unlike any other jobs out there. I get stressed everyday. I will woke up early to get into work. While in bitcoin, after I woke up I will just get my laptop do bitcoin while having breakfast. Stress free and relax.
So many companies and business created because of bitcoin. Trading site, new altcoin and other bitcoin-related companies are advertise their business by create a signature campaign. So bitcoin was improve economy of the world. The most interesting thing of bitcoin that I like is the limited amount of it, its mean no inflation that can makes the price of bitcoin fall to the end.
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The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin. Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently. Which factors of bitcoin instill this validity of investment? Watch VideoActually bitcoin and gold are very similliar. Both of its are qualifies as money, there is only certain amount of its in the world. If it was too abundant everyone would have it and then its would have no value. Gold can be made into smaller unit and importantly the per unit value doesn't change when you brake it into smaller piece/unit unlike diamond. But you can move bitcoin to any place on earth within minutes unlike gold.
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yes I hope it also happens in other countries because it will facilitate the transaction process. Imagine if all countries have legalized payment using bitcoin there must be a big change. yes, of course, any change will definitely have a better or worse impact.
Electronic money is popular in japan. Bitcoin will easily accept in country which has good thecnology. That japan companies use tablet based POS system to adopt bitcoin as payment system. I tink bitcoin the number of bitcoin adoption will increase faster in japan,USA, Denmark and Dubai.
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Government have to legalize and regulates bitcoin as currency immediately. Bitcoin can protect the country from American financial policy, bitcoin and other virtual currency pose a direct threat to the status of the U.S. dollar as the world's currency. The other currency used by developing ccountries actually benefit most from the emergence of alternative currency. Leakage of tax revenues can occur if the public transactions in cash in large portion, by using bitcoin will increase the tax income because all of bitcoin transactions are recorded.
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Hey Bitcoiners? I'm desperate to start earning BTC I'll do any kind of online activity as long as there's a Bitcoin payment. Where do I start?
Here in the forum, they can give you free bitcoin for you to receive. All you need to do is to join campaigns and follow the rules and regulation. There are also a lot of giveaway, use skill then offering service is also good way to earn bitcoin. Trading is good but we need to have enough skill first so we don't do it like gambling. It isn't free, we need to do something to earn bitcoin but it will work.
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Cash is better today, because bitcoin is not accepted everywhere, but it definitely will be changed.
Nice me too cash is better than bitcoin becuase you can use this anywhere any store or any markets . but for me bitcoin is also better and good becuase in this you can earn and save a lot of bitcoin and you can convert to real money. Bitcoin is also good as money if we compare it with cash. Bitcoin is too much better than cash. Bitcoin is better for big transactions than cash because bitcoin is safer. We still need to count the amount of paper money in our wallet but we don't need to do that for our bitcoin wallet. People can counterfeit the paper money but they can't counterfeit the bitcoin.
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I think bitcoin is not money, but bitcoin can be converted into money. bitcoin is not the same as money because bitcoin there is no serial number, bitcoin is also not physical like money.
Bitcoin is qualifies as money, the characteristic is better than fiat. I think serial number of paper money will not make it non counterfeitable. It's also easy to carry and safe. Bitcoin is money, it is virtual global currency.
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Hi, I was wondering if I should quit my job and focus more on bitcoins? Because I think it might get me even richer without a job? You have to be sure that you can keep earn bitcoin to fulfil your daily needs. I prefer like to do both, doing my real job and keep earn bitcoin because I think I do not have enough skill to increase my income of bitcoin. For now bitcoin is such as long term investment for me.
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