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-I think It is popular. many people accept and trade in Bitcoin because It is recognized and accepted as a currency by many. -Bitcoin is decentralized and limited. This is a major factor for many Bitcoin users. Bitcoin is hard for governments to trace and tax -Bitcoin acts like an equity investment. The market value of Bitcoins has had wild swings in value and even a market cap. -Bitcoin is a social network. The Bitcoin "community" is active and acts like other online social networks. -There are only 21 million bits so it has the same value as gold.
I think that everything in this world is worth the price. Some things are worth a lot and some things are worth less. This lesser variety varies in popularity and its availability. The bitcoin side is the same. In the world of cryptosystem we see Bitcoin1. Because Bitcoin is the most popular. So I think it's worth it. There is a lot of ideas about Tatsa Bitcoin in Manaus's mind I hope its price and popularity will increase further in the future.
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i've seen a 2016 movie titled "HACKER" and also in netflix's "the heist" dragging bitcoin as hackers money /dirty money/ bad guys money and i find it wrong because they are creating a negative connotation on bitcoin. i think it is high time to restructure the image of bitcoin on movies. is there other movies that portray bitcoin in a protagonist side?
I think there should be some movies or short plays for Bitcoin promotion. Because people can always remember what they see easily. More profitable to have pictures, short films, etc. for Tarera advertisement. These photos are useful in Bitcoin, Bitcoin profitable aspects, a group of people are trying to steal Bitcoin or Bitcoin wallet is hacking, but once they fail they will have to keep the pictures in such a way that the people have to keep the bitcane on them. As a result people will be interested in purchasing Bitcoin.
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Is there any way to destroy the bitcoin? Not to hack or fake it but completely destroy the system.
Yes maybe or Maybe not again. There are many people who just work for their own interests. There is no benefit of Bitcoin by them. But if they do that, then Bitcoin can lose their popularity. So I think those who try to do or do such things should be resisted. Bitcoin will be able to retain its popularity.
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How Bitcoin Can Change The World?
I think Bitcoin can change the world. There are many more coins except Bitcoin that can change the world. But in their list we see Bitcoin at the top of all. At first we find Bitcoin at the Kennemarketcap. I hope we can change the world by bitcane.
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In recent times, some new ICO companies have been kidding about Bitcoin on Twitter, Facebook for their ICO promotion. I think this promotion way is very negative for Bitcoin. They showed that Bitcoin will be destroyed and their token will become number one. They have presented it in such a way that the price of Bitcoin will not rise anymore. I think this type of promotion is very negative in the market.
Many people make false information about Bitcoin, they are doing it to make the Bitcoin market worse. I think this is better not to hear these things. Since society condemns any work of our society, so a group talking positively, a group doing the same thing as Bitcoin. So I think it's best not to believe these things.
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The value affects the price, and I'm going to analyze the value of the decade.
To understand the value of bitcoin, we start with the basic value of money, which is also money.
Money is the most common and effective mutual trust system ever. In any form of currency, its value is essentially: "does anyone believe" why the dollar is the most valuable? Because the world believes in it.
The popularity of bitcoin has grown rapidly in recent years with the development of the Internet. I predict that the price of bitcoins in 10 years should be more than half a million dollars.
I hope that after 10 years, Bitcoin will be the world's most popular currency. I think Bitcoin will control the world market in the next 10 years. Bitcoin will be used in all markets of the world. People will be more interested in buying Bitcoin from other currencies.
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I was thinking about current situation. Couple days ago there were news that binance is under the pressure, and their CEO immediately told that they would open an office in Malta. And blockstream immediately told that they have an office there As I understand, serious people from crypto-world, at thegoverment level with officials make laws for themselves. Miners, meanwhile, are sitting in Canada with their farms and somewhere else. It turns out that the entire bitcoin infrastructure is safe: devs can still code, investors still could invest, miningfarms are also under protection with a reliable guarantor. So technically now there are no critical threats for bitcoin. But with bitcoin we have an interesting situation. Firstly, it was just digital currency, then it became "the store of value", and now it converts into programmable platform. Honestly, nobody will pay for beer or coffee with bitcoin, people are too greedy, and buy something big is still a problem, also because of high volatility. I cannot say that it won't work, but the time hasn't become for it, nevertheless there are already things like houses and cars that you can buy for bitcoin, but this position is till too weak. We have a couple really strong positions : corruption, black market, semi-legal schemes for taxes and guys that buy everything if it is in trend. I think it is pretty cool, but still not enough for full common life integration, cause crypto-hipsters don't have enough financial volumes, and illegal world has its own structure, that could increase the volume, but not to the moon. And and seemed like there is no light at the end of tunnel, if bitcoin hasn't started to transform in programmable platform. Recently there was an announcement from FileBazaar And today the new word appeared LApps - applications on lightning. FileBazaar is the first one LApp - in couple of words, it is a platform for digital content, for which authors are paid in bitcoin via the lightning channels. And it is undeniably cool, because recently were invested 1.5m$ in lightning.And it is not a funny project like crypto-kittens. And as you understand, there are no tokens given in exchange for anyone or anything. Those, this is a really considered decision. Bitcoin is almost completed technically, some issues are still remaining, but there is a much strong need in marketing, promoters and sales managers. We need to adapt it for common people, we need contracts for use, paying terminals, possibility to buy everyday products. In this way bitcoin cash has higher rates and possibilities. But today it seems to be almost impossible due to unpredictable laws, and inconvenient transactions. With value storage we also have problems, because different officials and event mass media can drop the bitcoin´s exchange rate, hamsters and dummy investors start panic sell. Centralized exchanges the only place where the rate is established - are under the pressure of whales and big corporations, the real liquidity of the market under big question. Hence we have problems with bitcoin´s usability, hamsters cannot continue provide the fuel for bitcoin, and other population of our planet is still too uneducated in cryptoworld a lot of people still think that it is a kind of pyramid or soap bubble), they cannot understand it and sometimes even hate it. And the new breath of bitcoin is a wonderful way around all these problems - the programmable platform does not let developers to go down (their investment is invaluable), аt the same time, as we noted above, at the levels of closed meetings with the heads of some countries, new economic zones are opened for the further work of firms. Devs have something to work on , companies still receive their benefits, conservative investors can invest in real propety, miners are in safe position also. It could be real the second breath of cryptocurrencies , and much stronger, binance at the state level reveals an economic zone with the size of the country. Lets see what will be on Malta in next couple of years. Let's not forget that bad guys can also help survive the cryptocurrencies. After all, this is a great way to "launder money", from illegal sources, which sinful high officials of all heads of state. So I would not be afraid of special sanctions, because there is someone to resist and fight. And if you say that bitcoin is not so anonymous, then there are still anonymous altcoins, and if there will be a strong need, there will be guys who will sponsor completely anonymous protocols that can be defeated only by disabling the Internet. All in all I think that lightning with proper marketing can give the second breath for bitcoin. What´s your opinion guys? The positive attitude of bitcoin is:- 1.A co-ordinated group of private institutions speculating on a sharp fall in the value of Bitcoin. 2. A contender “altcoin” network intending to replace Bitcoin as the dominant cryptocurrency.
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Hi guys I know this might sound like a newbie question, but Ive not had enough bitcoin to think about putting any in cold storage since Cryptsy ripped me off when they went down ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) But just lately ive built myself back up a bit, and just need to check my understanding of a creating a cold wallet is correct ? This is what I think was the best way but im not sure ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) 1. Download latest BTC client 2. move to a pc not connected to the internet. 3. Create an address on that PC without internet. 4. Send fund to address created on PC with no internet access. 5. Save keys in safe place ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Also I was wondering if there are any 100% safe third party wallets that enable quick access if needed ? Sorry if my question has been covered many times, but I just don't want to make a big mistake. Thanks Rick I think myetherwallet.com is more convenient and popular for keeping Bitcoin secure. To use this wallet a password is required. Without the password can not enter wallet. This wallet's password can not be used anywhere. So these Wallet users are protected by Bitcoin.
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Hey guys I'm Zed. Im here to give out some good news. Have u guys heard about the hacking event in Japan? A huge trading center in Japan was hacked in japan leading 550million$ worth coins being traded as 0$. This caused ppl to sell their coins bc they r scared. This resulted the coin prices to drop rapidly for few days. Good News is that now is the time for us to get in. The prices started to rise already. according to a very reliable source, most coin prices will go up for few weeks AT LEAST 10% maybe alot more. Buy now BTC or BTH or ethereum etc.. I will check up with u guys again soon.
Yes, bitcoin is a little lower. On 26-05-2018 we see Bitcoin worth $ 7553.39. We hope it will turn into a price of $ 10000 in the future. If we are buying Bitcoin now, then we can now buy for $ 7553.39. But when prices rise, more money will be paid. So I think it's not the right time to buy Bitcoin.
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Keeping bitcoin is one of the things that is of most interest to this point, we can imagine keeping bitcoin like keeping gold or even diamonds, so keeping bitcoins gives us the best return. Here are some reasons why we need bitcoin: + Bitcoin is the only, most scarce and most wanted in the world! + The average person in the world only owns 0.03 btc per person! + Bitcoin may be more valuable than gold and diamonds because of its scarcity. + Transnational and transnational remittances also contribute to why keep bitcoin. + Lastly, the reason I keep bitcoin is to use bitcoin to invest in cryptographic coin that yields extremely profitable through ICO! ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) There are many strategies to invest in bitcoin. Some people invested for a long time. They invest Bitcoin for a long time. On the other hand, many people invest for a short time. They buy Bitcoin. They buy Bitcoin at low prices and sell it when prices rise. The difference between the purchase price and the sale price is the profit. People buy Bitcoin and keep it stored and wait for prices to rise. When the price increases, it sells it. So investors buy and store Bitcoin.
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I am newcomer and very interested about bitcoin. I need a wallet before I am purchase some bitcoin. What is the best and most secure bitcoin wallet?
Your suggestion is very important to me
For my Bitcoin storage I think myetherwallet.com is much safer than this wallet. Because to enter this WAIT you have to enter password. Another unique feature of the Taseera Myth Warlet Wallet is the ability to store ERC 20 tokens. Sufficient security keys are always stored on the user's side; Simple process of creating and restoring a wallet; Work jointly with other software and hardware wallets; The possibility of organizing customs collection of coins; An excellent reference system can be separated as an individual plus. Only two factors of vulnerability are lack of approval. But when using MyAtherWallet on two computers, one of which is disconnected from the Internet, a comparable (if not more) security level is achieved. Also, Walter Laser works with Nano and Treasurer. You can increase security by using a Metamask. So I think myetherwallet.com is more convenient.
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Greetings! I am planning to invest $5,000 in cryptocurrency but I do not know how to invest. And where should I invest? - in Bitcoin, in alternate cryptocurrency, or in ICO? I’m asking for an investment strategy for professional traders or investors out there.
Bitcoin has many strategies to invest. Someone has invested for a long time. Some have invested for a short time. Those who invest for the short-term, sell them with the increase in prices. Many people invested for a long time. After a specific time they sell it. But I think it is profitable to invest for a short time. But I'll say you consider investing in profitable fields.
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I see that the more bitcoin the more users seen from the significantly increased bitcoin price increase, is this a sign that bitcoin will soon become the future virtual currency?
Yes Bitcoin can be a virtual currency in the future. Because people's interest in Bitcoin has increased day by day. Moreover, Bitcoin work is much easier. Bitcoin work is being done at home. Moreover, we can make Bitcoin by Bounty or Champing without any type of investment.
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