That is completely non-sensical! For them to do that, they must be very desperate. Many banks seen bitcoin as a competitor that's why they are doing it which I think is their defensive mechanism, but I never lose hope. I hope that someday, these banks will realize that maybe bitcoin isn't really a competitor, that they can actually adapt and co-operate with it for them to be better.
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I think it depends on the person but me personally I think I invest on both. Both have its advantages and disadvantages. The good thing about gold is that you cannot lose money because as time passes by, its values only increases but you can only felt that on a long term. I'm bitcoin you can earn so much overnight but you can also lose so much. I think in a long term gold has the edge but I invest on both.
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Well its irreversibility, the reason why it is that because of the nature of bitcoin. This irreversibility decreases the possibility of abuse, because there are some customers who cancels their transactions just because of change of mind and the seller is the one who suffered on that situation. Maybe to prevent fraud, one should be extremely cautious in buying. I mean, even using fiat you also need to be extremely cautious.
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Wow, a great picture indeed. It only shows that the one that holds back people om adapting bitcoin is themselves. It depends of they really want to adapt or not. That this kind of payment is secured yet fast. It will be a huge convenient for us if this will be continued and adapt by many people worldwide.
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Three things, being open to internet, government, and it's volatility. Open to internet is a pros, but can also be a con for the reason that it can be open to hates (which is inevitable) and can misinformed people. Second is the government where they put restrictions and regulations because they see bitcoin as a threat. Lastly, it's volatility which is its primary characteristic that invites traders, but sometimes it also holds potential traders due to the fact that they can lose much money overnight.
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It is because of everything bitcoin can bring to the table. Yes the primary reasons are because of the profitability of bitcoin that major investors have seen, it's volatility. But the other things, such as its decentralization, as a payment system, its characteristics as a whole. Its innovation, the way many of the companies adapting it, and it is, on some angles, better than banking.
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Bitcoin transactions are not reversible. That is why you need to be cautious when doing such, but that doesn't mean it isn't safe to use bitcoin in buying something. It is like buying using your fiat money, you need to be cautious also in buying especially online because it might be a scam. The point is even it is a fiat money or bitcoin, people both need to be cautious in buying online.
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It depends on the person. Why did I say that. It is for the reason that if you are a short tempered person, then obviously it is a mistake for you. Investing in bitcoin requires patience, all succesful people here have waited for years, even their frustrations pile up, they still hodl. Look where are they know.
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Yes many of people have heard about bitcoin but I don't think that the majority of the population have heard it. Yes oj the developed countries for sure the majority of their have heard it obviously because their country is developed so the people have accessed on the different events that happened in the world, but I don't think it is the same on developing countries like on us. Only a fraction of the people of my country know it and again obviously because of the incapability to know it.
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I think it is user-friendly but it is not something you can use immediately. You must have some eagerness and you really want and willing to learn. It is user-friendly to those who have used the proper sources to learn. Well, I mean that is required to everyone before they engage to something, right?
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Hmm, being the first succesful (take note, the first succesful not the first) make it established its presence, but that is not the reason why it is the most dominant. I think the main reason why it is still the most dominant is because it is very innovative and and very adaptive. It's ideology and adaptivity is the main reason why it is the most successful one.
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I mean why will they do that? Knowing USA is a democratic country. Also, they do not want to lose too much reserves because this is what big countries do. They don't want to lose that much reserves. And I mean, if you know the nature of bitcoin then you will also know why.
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Yes I love bitcoin and I know what it can bring to us, but I don't suggest you doing that. It is not that I don't trust bitcoin, again I know what bitcoin can bring to the table, but I think it is not good getting a loan to buy bitcoin. It is too risky and there are these rough times that bitcoin is on a low trend and having a loan, you need to pay it. Just stick to using your salary I guess.
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I get want you want to point out, that bitcoin is something that we can use for us to be successful and your hardwork will be the deciding factor, but I think you had used a wrong person. This boy right here is already a priveleged boy, he became rich because his family is already one and he only get lucky on betting sites. I mean, we have numerous people here that are far better and deserve more to be the point of comparison and inspiration, they have really persevere unlike this person right here.
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What you have mentioned or answered to your questions I think are the only ways we can incorporate bitcoin to gaming. Gaming do not have much offered to bitcoin, some gaming giants even drop it. Also, we have different kinds of games, ofcourse in offline games we can't do much about it. It could be just on the payment system but in other aspects, I think it is hard to incorporate bitcoin on it.
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Actually, no. This news is just a recycled news an it has been a news for so long but it hasn't been true. The tell about it that he will come up for like years but it doesn't. I think it is just a bait or someone who just needs attention. Whether he will not come up or he isn't even really a person, thanks for him because he introduced to us bitcoin.
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I don't know what reason is on your country is, but on my country, I think the reason is that our government here doesn't fully acknowledged bitcoin yet. Yes obviously they know about it, but I think for them it isn't really affecting the country that much. They are doing those things when they acknowledge it and if they think that these kinds of transactions are illegal, but even though it can be one because of its decentralization, they don't still yet recognized bitcoin as a major factor in the, commerce or in the country.
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I agree. People really need to stop on having the mind-set that bitcoin is just for someone to get rich. They need to dig deeper to know why does bitcoin was invented. That it is more than what they think it could be, the possibilities is unimaginable. Its purpose is so wide, it had many uses, it can even change the way people commerce and the way people live. It needed to be done because if people will just think that bitcoin is just a way to get rich, the full potential of bitcoin wouldn't be even possible.
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Bitcointalk Name: alexsandria Rank: Sr. Member Stake Name: alexsandria Wear signature & avatar: Yes
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Please justify your recommendations so that others may taken an educated decision.
Based from my direct analysis and opinion about your point or subject, the word outperform doesn't seems possible or even having a 50 percent higher chance of occurrence. Through looking at the market graph and bitcoin's market price, you can already see how great it is and the gap is quite too big for altcoins to even withstand to reach it.
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