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It is meaningful to invest bitcoin. It is a kind of venture capital, and it may give you a very high profit.
Investing in bitcoin is good opportunity cause you earn unlimited income at very high profit. Investing in bitcoin is so meaningful cause there is lot's of opportunities you gain here a very kind of venture capital that brings you hope, success and teach you to become more productive person. Yes.We will get lot of opportunity in bitcoin.We can buy bitcoin at different price.I had brought some bitcoin at 7000$ earlier and then brought some at 8500$.If I had sell the entire bitcoin at the end 9000$.I will get a chance of huge profit.But patience is the essential one for the profit. Investing here in Bitcoin can make a sense of living nowadays and the coming future we must gives patience in all risk time is running who knows it will last longer and feel relax. |
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I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
Everything that can be used by criminals is or will be in the near future. THat's a fact. How the police can find about these transactions?
By tips? Investigations? Bitcoin has to be spent somewhere. Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
It's not. It's like saying that dogs are a problem to society because once in a while a dog wounds or kills a man. Bitcoin users are not criminals since bitcoin birth in 2009 the technology is growing faster and helps the community to grow. Criminals are already there before bitcoin founded. |
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So you think when no one is speculating on bitcoin, it's going to die?
I don't subscribe to the view,becaust bitcoin has intrinsic value and should be used for cross-border payments.
of course the problem is "opportunism" when bitcoin stops generating a hype and a potential run which it is increasingly doing, bitcoin becomes nothing but a risky asset, which will make many want to leave it, the hype then will continue to fall. Bitcion will not die because there's is an investor who's did not greedy contented of fair profits and they're looking for many bounty dependers. |
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I wonder this: if the usual banking system will disappear as such, then she will leave and credit system, leasing and installment payment, debt, etc. As there is no centralized authority that can issue and track correctness of performance. To some extent, this is certainly good, but in fact people who can not immediately earn a large amount of money and will remain in the lower levels of life, which gives the modern banking system (though not ideal). What do you think about this? How to Take a loan in cryptocurrency?
Do not even dream that the current banking system will ever disappear. Crypto currency is not capable of causing significant harm to banks. Even if the crypto currency could destroy banks, the state will never stand aside from this process. Once the crypto currency would create a threat to the existence of banks, the state would severely suppress such an attempt, up to the complete prohibition of the crypto currency. Banks are an integral part of any state. A state without banks can not exist. Therefore, it is not necessary to conflict with banks. Crypto can be used in different types of payment it is less in service fee have friendly approach affordable now is to say goodbye of credit. |
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Bitcoin has a huge demand among thousands of investors who dream of a non-cash future, and now they are investing in digital currency, not traditional means.
The first crypto currency has already turned early investors into millionaires, and tries to do everything possible, if only the many thousands of people radically changed their views on traditional markets and investments in general. Although those who use and support bitcoin still make up a smaller percentage of the world's population, in the millennial generation of investors, the number of young people who turn away from traditional financial empires is growing. If this trend continues, it could mean an absolute collapse of the banking system, as it continues to adhere to outdated algorithms. Until now, there is some way, until even the most seasoned investors are completely free of traditional banking and monetary institutions, but today they can already control their future in terms of investments. Since it is easier for them to manage their own savings plan by investing and reinvesting new technologies. Although they continue to deduct a certain percentage of the usual pension fund, and their accounts still have to be paid through a bank account, but investments in crypto-currencies have become for them a central part of savings.
There are those who will never trust bitcoin, when they hear china banning ICOs, Russia trying to in through the front, and i mean front door because the government is looking for ways to get in. South Korea and other big players also trying to advise their nationals of BTC. I have spoken to thousands of people and they tell me heeey the playing field is not level and people are not playing fair. So i hope to stay firm and make as much as i can from the crypo world and leave a proud human with my head raised up high Not only these countries there are many countries and corporates which is in the list of fortune 500 are wish to start investing and blockchain tech security system as a firewall. There are many interviews available in Youtube about bitcoin from the mouth international corporate legends with the positive thoughts and potential of bitcoin. Investors are holding bitcoin whenever the price dump and technical issue by facing the loss. In all kinds of businesses there's a trouble days panic selling or negative thoughts here in bitcoin price goes down investors holds thier investment and wait to calm down until the market recover turns green big impact of gains and profits. |
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Bitcoin is a revolution in the world of economics and in the minds of everyone, it's very good that it still exists, and God grant that it will continue to develop, just what you need in business now, its novelty and technological strength!
Business industry and bitcoin are most likely the same buying investing selling and trading it can help the industrialized countries more to grow in economic fields. |
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banks are always interested to invest their idle funds to mange the cost of borrowing funds and as a new source cryptocurrencies will be sonn added to banks portfoilo.
If banks start to trade crypto the demands will go higher and price goes up holders can get big profit. |
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Bitcoin is the one and only independent coin because if you buy some altcoin you must have Bitcoin coin so all the altcoins are depends on Bitcoin and this coin is always ruling the crypto market. This coin is decentralized and completely transparent to everyone so it is really comfortable for every investors.
aside from what you have said and not only because it was decentralized digital currency, because also of the blockchain technology used in transactions of digital currency which is said to be the future way of transactions among companies and other businesses and non businesses which involves payment methods for goods and sevices. We really need bitcoin for us to makes transactions faster less of expenses in businesses and companies affordable by all means. |
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You are right, it really making up nice income. its a reliable business..
Bitcoin is a great business it can help the people to become successful and it help the economy growth of thier country. |
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Your bring your coins with you if you do not leave your private keys to some one open or in question mode how mosaic
It could be vanish if I will not make a testament of will for my heirs and leave my private to them |
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99.9% he will fail, that's a lot of combination to encrypt there's no way he can get a lucky combination of private key for a BTC address. atleast not in our time.
It is possible because there is a private key hacked, but here in Bitcoin not easy to steal has composed of long character to be more safe. |
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A government within a particular country will ban an existing asset because of something that asset is doing that this same government sees it as a threat to them. This can also apply to bitcoin. I am very much sure that once the government bans bitcoin, they will put certain policies in place to check the activities of those law breakers. Bitcoin and other cryptocurrency usage or mining being illegal in your country comes with punishment once you are found as a culprit. I will advise that, you can still work and earn bitcoin and other cryptocurrency in your country but you should not do any transaction in your country. It will be better you transfer all your cryptocurrency to a trustworthy friend in another country which accepts bitcoin so that he or she can sell them for you.
Bitcoin has nice reputation I will continue to promote until my own country acknowledge Bitcoin. |
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I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?
Actually, banks wants to ban using bitcoin because they can see it as a competitor not a contributor. As time goes by bitcoin is slowly becoming popular worldwide because of its purpose, benefits and advantages that's why it attracts more users. And banks was threatened bybthis because they think if people starts to embrace this they wil slowly be forgotten by anyone and replace them. true and bank dont want to let this happen that is why they hate bitcoin for , cause this is not a helpful thing for them to take on cause more and more people may have to take this currency that make support on it than in bank that look to be as an old style , of course a lot of people want to try something new just like this. Banks hate crypto currency in the reason they cannot be descentralized and curriencies now has faster growth in terms of technology. |
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This is a great first of all is the convenience for the church ad their followers. Also, bitcoin has an unstable value, but has a high conversion price so having bitcoin at its peak price, they could use it to provide the needs in the church.
I agree  It depends on the owner itself he or she can do where ever it goes. |
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I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades.
Everything that can be used by criminals is or will be in the near future. THat's a fact. How the police can find about these transactions?
By tips? Investigations? Bitcoin has to be spent somewhere. Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people.
It's not. It's like saying that dogs are a problem to society because once in a while a dog wounds or kills a man. Criminals are existing before bitcoin discovered bitcoin is helping to lessen poverty. |
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I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?
To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.
Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?
I remember the speaker when I attended seminar this past few months. We are talking about taxation and reform laws where he introduced to us that the government is us. He actually emphasized that the people who are in position are just an official of the government, we select them based on what we think it should be good for us, by the virtue of votes. We should not be scared in the officials of our country specially if we are in a democratic form of government. The mass is the voice and we can be an activist or refirmist against the ruling of the government. If they banned the bitcoin, we can complain to them specially if they did that for their own purpose only and not for the sake of the states/country. There's no reason we afraid of government we do good things and always right and bitcoin is friendly to all. |
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people are joking or laughing at bitcoin, because someone does not understand and blelom feel at all when our investment is successful and successful, bitcoin is a very good place to invest and plant stock because bitcoin transactions are already using digital coin payments and if those laughing people already feel and laugh it will be a sense of wanting to invest and invest.
They do t know how valuables bitcoins are . |
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After spending much time as a guest on this forum learning all I can about Bitcoin, I finally decided to join. Glad to be here and thanks for all the great advice along the way!
Now I have a question I'd like to ask. Is Bitcoin going to get to the point where it is too big to fail? The government bailed out Wall Street to avoid a financial collapse. Can Bitcoin gain the same status as Wall Street? The market cap is steadily increasing making it a big player in the game and I'm looking forward to where it is headed.
Thanks in advance!
No. "too big to fail" term was invented by the government officials who were "persuaded" by owners of the bank that it's better for the government to give the taxpayer's money and bail out the bank from the coming consequences of the irresponsible behavior than to let it go bankrupt (Iceland showed that it can be done differently). In the case of bitcoin you have no one behind and this is by design. Bitcoin will always goes high not to fail due to demand increasing |
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Any transaction issued with Bitcoin cannot be reversed, they can only be refunded by the person receiving the funds. That means you should take care to do business with people and organizations you know and trust, or who have an established reputation.
I can verify it by handed the funds and can use for in exchange of my daily needs. |
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I feel Satoshi Nakamotos vision of 2009 seems to be Diluted.
1) Transaction fees for BTC are 0.50% or higher which is more than conventional brokers fee.
2) There are few successful ICOs creating new products.
3) ICOs create just tokens without valuable products resulting in depreciation of token value.
4) Countries banning BTC are on the rise.
As a solution to these problems, it is essential to have Self Regulation to use BTC for solving socio-economic problems in less cost in less time. This will win the hearts of Government agencies to revoke the ban thus using BTC for socio economic progress to secure employment for locals achieve efficiency in product manufacture/ service delivery in less time in less cost compared to alternative methods.
Bitcoin has it's nice regulations hoping when government adoption merged it push through good rules. |
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