Cryptocurrencies, and Bitcoin in particular, are already making "real money" disappear. I'm not sure what you would consider to be real money though as BTC is certainly that.
In my own opinion it is not possible, Imagine how much money are generated yearly and they will just change everything immediately. Another thing is that not everyone can use or earn bitcoins since not everyone has computer and it will be a big disadvantage from them. |
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On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance This is something nice to do. But what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists? I think it might be possible. But can you see how pathetic it is, that they will kill/stop bitcoin just because it is used to support terroris or bad guys. Bitcoin shouldn't be the one to be stop but the terrorist itself. They still can't stop terrorist just because they cut bitcoin existence, there are still natural money that can support them. And if they stop bitcoin, it would be a big regret because they stop or either regulate bitcoin that does helps their people and also their economy status just because of a single problem that still isn't got solve. It would be such a big mistake. In terms of terrorism everything is possible, even bank account can be used because they are looking for opportunities to get funding, yeah it’s not a reason to stop bitcoin because of these criminals because it's not Bitcoin causes terrorism. the root cause really is the convictions of their beliefs. Yes you are right but i hope that this will not happen because the banning of ico's in china might repeat again. Maybe if the nbi will know about the transaction of bitcoins is being used by terrorist to buy guns then that will be the threat of bitcoin to be stopped. |
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Bitcoin helps to make money, but he does not reduce the number of unemployed. It is not even the currency you need to earn now, but the investment that secured people can afford.
Advantage of bitcoin helps you to earn money, and also helps you to increasing your knowledge about information technology about currency in many countries. Bitcoin advantage teach you how to invest and trading and earn in high income. Yes in this case your engaging into new technology and it was very interesting for everyone to learn new things since computer is everywhere and bitcoins help us to learn more things about technology while earning money to sustain our daily needs in life. |
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when the campaign will start ?
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I agree with this bitcoin can be a good of source of income when jobless and at the same time a good long term investment to those investors who wants to make more profit in the future. Compared to a regular job's minimum wage compare to bitcoin i say working in btc in much profitable than a regular job salary but having both at the same time is also beneficial that is if you can manage your time.
There is no doubt that earning bitcoin and exchanging it to real money is a lot easier than having a day job. But if you want a 100% security for the future then look for a good job that will suit you or rather start business from your bitcoin earnings. |
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here too, many people join forum but to little people that know what is bitcoin.
no matter how much people know or dont know, some day they will know what is bitcoin
In my opinion i think that they already know about bitcoins and also how much the value of it but they do not really know how to earn it. Maybe if everyone know's how this forum works then everyone will focus on earning bitcoins and reduce the employment rate of country. |
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I dont think that something like this can happen especially when the chinese are already out of bitcoin by Banning ICO's in their country and the huge dump already happened when newbie investor started panic selling their bitcoins when they've heard about china. Bitcoin has manage to surpass all those worst events and finally we can move forward and bitcoin will continue to grow as a mainstream currency in the future.
Panic selling happens quite often. As a part this time it happened with the issue that got existed from China. Everytime whwn the price drops, certain users gets into panic and try to sell their holdings. Few users knew what's going, because after each and every price fall there will be a pumping. So the users with trust hold and benefit out of the same. Yes of course. Many are doing panic selling by seeing the price of bitcoin reduce. But the fact is their must be up's and down in bitcoin .If the reduce today means, tomorrow the price of bitcoin will increase.This is basic things for digital currency like bitcoin. Better avoid of selling the holding bitcoin in panic. Just hold it. I like when the market price is dropping because that is the time i am purchasing coins. Decreasing of coins value is for the mean time since something happen that affects the balance of market, Waiting is a very big deal in this industry because it gives you more profit. |
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I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
Many bitcoiners now become rich thanks to bitcoin.There are some teen agers cuont on them become a millionaire.Bitcoin really makes people rich,once you invest your bitcoin ot trade it you will profit and save a big amount.Not only rich to bitcoin giving thanks to nitcoin but especially the bitcoiners that provides bitcoin for their needs They are overwelmed when they get their salary and l am one of them.Most of all people rich in bitcoin now is super thankful because they found out bitcoin to make them rich. I think that teenagers is transforming to rich people because they are eager to be rich and because of that they tend to work hard and try to earn bitcoins as much as possible, In this way they have goals and they are striving for it that's why they are successful. |
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This is not possible since everyone in the country is using bitcoins. Bitcoins is not forever and it wil vanish soon but not very soon, If they are going to change the USD to bitcoins the currency will be unstable and it might be a huge disaster to everyone in the near future. |
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In my own savings account i use coins.ph because this is the reliable holder in our country and i can only save money that will be exceeding in my daily needs. I use bitcoins for living and i save some of it if it is not necessary to exchange in real cash.
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I see more and more articles of the USD being used for illegal activities, such as funding of terrorists and unconstitutional, illegal wars, funding of wars that cause severe infringement of civil liberties like the war on drugs, among other things. I am pretty sure that when goons smash into convenience stores and steal stuff, then the money they probably steal is USD, which makes it criminal currency. Also, I am pretty sure that the baseball bats that majority of the goons have bought were paid for by the USD. Also, most people collect rain water, drink raw milk, and throw cannabis seeds in soil, all three acts which are considered serious illegal felonies punishable by seriously expensive fines and extensive jail time, possibly life in prison. Some people also walk, drive, fish, or hunt without a permit that can easily be bought for in USD. Will this hurt USD in the long run? Will governments ban this just like they started to do with paying in cash for some services to harden the use of illegal activities, and money laundering? Money laundering and illegal activities is unavoidable. Even drugs in different country cannot be removed by their government and that leads to the incident in china last month where they banned ico's in suspecting for they thought that bitcoins is being used for illegal transactions. |
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well, maybe not easy to teach bitcoin to kids for now. they are mostly more interested in playing elsewhere, than playing in front of a computer. but when there are some kids who are interested in bitcoin, you can start teaching bitcoin from this forum.
Only a very patient people can teach little kids about bitcoin and it is more likely impossible that a kid can learn about bitcoin since they only focus on playing and they do not need to earn money since they are kids and just meant to play while they are young. |
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Bitcoin is not a very simple thing. If you are an S.E.O expert I think if you pay attention it will be easy to move but you want to work in Bitcoin. You first need to know about it. It is important to know about all the transactions of Bitcoin Bitcoin, price, market etc.
Yeah everything can be learn by just reading. Most of the terminologies that they are using today to communicate with different bitcoin experts can be searched on google and everything can be learned so easily since there is google and youtube. |
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If this is possible then mainstream online games such as dota 2 and league of legends will really have a big profit and for gamers, I think that the value of game-cash will also increase since bitcoins value is very high then more gamers will really spend money for it since it is cheaper.
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Every time bitcoin's price goes up, somebody say it's too late to buy but it's price always increase.   There is no way that your going to be late to earn bitcoins since there is a lot of ico's that is running today and new platforms are being opened so it means more bounty campaigns to be announced and a lot of work for new people that want to earn bitcoins. |
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I am not certain if bitcoin is really the new period of currency as we are even now in a developing stage exactly where heaps of problems are but to be dealt with. One particular issue I a constructive is that crypto currency will be the new era of currency.
I also agree the bitcoin is the new era of currency but it will be not implemented as fast as possible like changing the money into your country to bitcoins. Bitcoins will really affect the economy of your country and it will be unstable and some of the companies might go down because of it. |
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In my own opinion bitcoin is not really better than cash, It only happens that the value of bitcoins is very high and there is a lot of interest on it from different investors. People that are working in different campaigns are usually exchanging their bitcoins to real cash after the payouts has been distributed.
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There are many reason why people should use bitcoin especially in the future. First is its stability. Bitcoin is going to be stable as many years pass by until it will be the official currency. Second is its fast transaction. Anywhere you are as long as you have internet connection you can send bitcoins to anybody and at a fast rate.
The good thing about bitcoin is the value that is increasing continuously and it was a very huge advantage for the traders that focuses on holding their coins for a very long time while working on bounty campaigns to boost up their earnings. |
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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.
Yeah china is not only the country that is contributing to the market and everyone right now is using a mining hardware to earn more bitcoins for their own interest. China is a big help to increase the value of bitcoins but it would not affect everyone even it is gone. |
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It is possible that bitcoins can be used in crimes like drugs transactions online and it will be hard for the N.B.I. to find out, I think that is the reason why china banned ico's in their country because of the motives of drug laundering.
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