I think it will reduce global warming ad environmental damage if it is implemented in every where because the current systems make more environmental damage through wastage of electricity and many other ways than Bitcoin and it is the main reason why Bitcoin was invented to make a more sustainable system to do transactions without any obstacles or barriers but with high efficiency and security and it does the job very fine at the moment so I think bitcoin has nothing to do with global warming or any other environmental damage in the world
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Facebook and twitter are not against bitcoin or any other crypto currency but I think the reason for them to restrict crypto related advertisements and accounts to avoid misuse of there social media platforms by users because due to large number of ICO projects many user's are sharing large number of crypto related advertisements every day which destroy there main intention so that is the main reason most of the time they ban such accounts or making restrictions against crypto related posts
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China cannot destroy the bitcoin network entirely because it is wide spread but definitely they can do a serious damage if they want because china is the single country which has able to grasp majority of mining processes in the bitcoin network but there is no solid news to believe that china will destroy bitcoin forever and there is no reason to do that because still bitcoin haven't become a thread to Chinese economical system in any way
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Definitely yes i guess. For now bitcoin price still stuck and therr aren’t any movement on the market. You can buy some bitcoins and then keep holding until the price rising again
Yeah anyone who is willing to enter the crypto market to trade specially to invest in bitcoin this is the right time to do that due to the low price level so if someone have considerable amount of money to invest the investor can purchase a high amount of bitcoins for a low price and if hodl in long term the return on investment will be much higher in the future and that is the main reason most traders who trade other altcoins are moving to invest in bitcoin due to the low price
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Well, I mean if we can expecting even more for the prices why we wish to the prices will stuck at $6000 ? So, what I'm trying to say is the price of bitcoin will be rise up more high than what you expecting in this post. Just keep believning on your faith tho.
There is a possibility that bitcoin price might rise in next year because we didn't see much different happening during last couple of months for the value of bitcoin so definitely there will be a change but if it didn't the effect for the entire crypto market will be terrible because specially everyone in the crypto world and the rest of the world evaluate the crypto market progress by looking at bitcoin price so if bitcoin continue the same value that is really bad for the cryptocurrency market
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I currently have a lot of positive aspects when using cryptocurrency. I invested in the fall of 2017 and now prices have increased tenfold, and this is not the limit in my opinion. You just need to know that investing is a long-term prospect, and who says that it is temporary, think for yourself whether it was worth creating a cryptocurrency with such capitalization and then close)
Like you many has gained from investing and trading in cryptocurrencies and I did the same think but these days the market is very low and most of the currencies are selling at a low price without a reason and the entire market seems in a bad situation so majority of people who have invested in assets are struggling to make profits in exchanges but hope this situation will change soon for better in the future
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Blockchain technology is very comfortable with any kind of industry , so it go well with the medical industry , in cryptocurrency there are ICO peojects that are being launched and promoted which are powered by the blockchain technology.
I agree Without a doubt blockchain technology is very adaptive and flexible so doesn't matter what ever the industry is and required area or organization it can be use to make there existing processes very effective and efficient by giving better security than traditional centralized systems and I think that is the main reason most companies are looking into blockchain technology to find better solutions for there business needs
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I think using blockchain technology to help medical and health care industry is a bold move and it is a essential field that required advanced technology like blockchain because today handling patience sensitive information has become a crucial task for any health care professional or a hospital specially when handling large amount of patience in the same time and easily information can get misplaced, lost or go into wrong hand which can led to many problems so blockchain technology is a great solution to avoid such problems
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Even if it is a bitcoin investment or an altcoin investment both comes with a risk and the investor always should have the capability to take that responsibility because unlike other investing options like property, gold or share market in the crypto market there is a high volatility so some times the profits margin can be much higher or the lost can be very high but if the investor is patience with time definitely can gain profits because most potential cryptocurrencies or bitcoin won't stay in low prices forever
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I think it is a problem for the cryto market and its cryptocurrencies because with or without a reason today there is a tendency that progress of the crypto market is valuated by considering bitcoin so even potential digital currencies are suffering without getting a proper price in the market and if bitcoin continue with the same price to the next year it can definitely make a negative impact on the entire cryptocurrency market
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It is the best time to buy and store definitely because the price is still low and even we cannot see it is recovering slowly and becoming strong with the time and unlike in the past bitcoin adoption rate is much higher in the businesses field so its price will definitely rise in the future to a considerable level so anyone who buy and hold bitcoin now will be able to make high profit margin in the near future easily
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I do not think this can happen because too many use paypal. But I would be glad if that happens because I do not like paypal. a terrible support service. This could happen if bitcoin transactions become safer and much more faster.
Of course Paypal customer base is very large and it is very expanded in the world as a secure payment method but with bitcoin advantages like low fees for payments or transactions, security, convenience and other many benefits it is becoming very popular and that is the reason it will be able to pass paypal payment system in the near future
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Blockchain is nearly perfect and that is the reason why many organizations that are function online are seeking solution with blockchain technology to make there work more effective with better security and to do that it doesn't have to be 100% perfect but it is developing towards perfection even now and it should be because even it is capable to handle needs in today financial businesses in the future they might become much advanced so to accommodate them blockchain technology should improve by the time goes
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Good point on his statement . But still , we shouldnt get our hopes very high . Just let it happen , in the meantime Im really sure that this is the best time to enter the BTC Market for whatever happens i think BTC wont dip further down . Tho most of my funds went to ETH , im pretty confident that BTC would drag ETH to the top with him .
Without a doubt this is the best time t get into the bitcoin market because the price is considerably low and we see many positive news that are coming regarding the future of bitcoin and bitcoin adaptation progress is much great when considering with previous years so definitely bitcoin will wide spread in the business world and that means gaining more demand and value so the profit margin for the investment will be much high
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Bitcoin is a cryptocurrency that will be able to survive in the long run and has the potential to become more popular in the future. Bitcoin has benefits as a currency and also an investment that can provide decent benefits.
Of course bitcoin is the single commodity that is capable enough to provide both functions as a currency and an investment asset for its user's and many use it as an investment in the market but the situation is changing right now and it is expanding more as a currency through adaptation in many trades so it will be a widely expanded digital currency in the future
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At the moment bitcoin does not function as a currency very well not because bitcoin's fault but 90% of user's who use it doesn't use as a currency and that is the reason it is not a "stable store of value" because most of the time there is a high volatility in bitcoin due to the increase and decrease of demand and supply in the crypto market but when considering wide spread it is doing a great job so in the future bitcoin will definitely function as a currency
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In my opinion, Bitcoin will be more effective than bank transactions because of the rapid transaction. You do not have to wait a few days to receive the money if the bank leaves on Saturday and Sunday.
Weekends and other holidays are not a problem for bitcoin transactions to get delay and that is a significant advantage in the bitcoin network because there is no centralized party filled with workers to process a transactions like does in banks and other financial organizations so doesn't matter what ever the day is or time is bitcoins transactions will be always faster and effective than banks
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There are many debates about this in Islam, but one thing i know is that a mosque in London accepts Bitcoin/Ethereum as donation. I think that this is a wonderful idea, because they already got a lot of donations from people around the world.
If the debate is to decide whether bitcoin is money or not then there is not debate because we all no bitcoin is a currency and it was developed in the first place to do every thing a common currency can do to use as a means of payment for any service or product so there is no difference between fiat currencies and bitcoin except the intangibility which is negligible because what is the purpose of it when we are living in a world that everything is digitizing
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if the country has not tried to legalize how it can know the impact is negative or positive, while the thing that has not been done is to legalize it, at least it needs to legalize it so that it can know the negative or positive impact
What you have mentioned is true but the problem is majority of countries aren't ready to take that kind of risk because still the bitcoin and decentralized digital currency concept is new to the world so for most governments making a currency like bitcoin legal within the country is considered as a major risk but I think with time that fear will go away because if bitcoin adapt into more businesses like it is happening today and help them to increase there profits eventually they will understand the potential of bitcoin but definitely will take some time that to happen
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There is always people who are skeptical, or doubtful about bitcoin and we cannot force them to believe all we have to do is make them believe by what they will going to see in us, and how bitcoin works in the life of many people who embrace it, use it and they themselves will prove it or realize it.. arguing with them is useless... just be patient and let them see it in you.
Definitely argue with crypto haters is pointless because for some one to understand a concept like bitcoin he or she should have at least a basic knowledge of digital currencies but many doesn't have that kind of knowledge because still the concept is very new to the world and that is why the best we can do is show them what we are doing in the crypto market and how we have achieved so far so if they are smart enough probably they might understand
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