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921  Bitcoin / Bitcoin Discussion / Re: Do you believe BTC can be attacked? on: October 02, 2021, 09:54:36 AM
bitcoin can surely be hacked, there are many vulnerabilities when it comes to cryptocurrency and bitcoin is not an exception to that, as long as you will not make a secure hiding place of your information when it comes to your wallet then surely you can be hacked and all your hard earned btc will be taken away from you, so to prevent this make sure that all your info are completely secure.
922  Bitcoin / Bitcoin Discussion / Re: new to bitcoin, don't know how to use on: October 01, 2021, 01:58:44 AM
i think if you are new to bitcoin, the best way for you to learn is to do some research first before you engage into some transactions or any other services, because once you let go of your bitcoin you can never get it back and also newcomers are very prone to scammers. so equip yourself with the right knowledge first before delving any deeper
923  Bitcoin / Bitcoin Discussion / Re: Should I accept Bitcoin for payments on my online store? on: October 01, 2021, 01:37:50 AM
i think you should try this, because it can give your store a more diverse type of customers, because this will also be a type of advertisement for your store because more people will tend to buy at your store, especially the ones that have cryptocurrency on them. this will be a great addition to your store and will help you expand more.
924  Bitcoin / Bitcoin Discussion / Re: What is the biggest threat to Bitcoin? on: October 01, 2021, 12:05:56 AM
i think the biggest threat to bitcoin right now is that, some countries in the world are banning bitcoin. this can result in the lessening in the demand for bitcoin. if the demand for bitcoin starts to lessen then also its price will lessen because there will not be enough supply that will circulate. thus making this the biggest threat for bitcoin so far.
925  Bitcoin / Bitcoin Discussion / Re: The only way that governments will successfully compete with Bitcoin on: September 29, 2021, 05:42:24 AM
the government doesn't really need to compete with bitcoin, they do this to have control over it, because if they do not control the price and the use of bitcoin then it could make the value of USD crash because instead of USD being the international currency, then bitcoin will take its place. this will mean the downfall of US economy and could destroy their country internally.
926  Bitcoin / Bitcoin Discussion / Re: Bitcoin or Gold: Superiority on: September 29, 2021, 01:53:43 AM
well bitcoin and gold are on 2 different levels of investment, bitcoin is an active element in the economy of crypto it can be used to buy stuff and services from other people directly without needing to transfer it into another of currency, unlike gold that is a passive investment, meaning you can't buy products or services with it directly so in terms of investment these are two different concepts.
927  Bitcoin / Bitcoin Discussion / Re: China trying its best to get hated on: September 29, 2021, 12:52:30 AM
china do not care if they are hated, because of what they did they will be the ones that will benefit the most, because of the banning of crypto in their country the price of crypto now will become lower and because of this the government will have the opportunity to whale bitcoin or other cryptocurrency. i think they did this too some time ago.
928  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto misinformation is turning into an issue for people new to the game. on: September 28, 2021, 11:41:25 PM
these misinformation is caused by FUD's and other uninformed people spreading fake news, the only way to combat this is to research real information about cryptocurrency, there are many articles in the internet that explains what cryptocurrency really. don not easily believe the heresay of other people especially ones that don't really know what cryptocurrency is.
929  Bitcoin / Bitcoin Discussion / Re: Is bitcoin an asset or a currency? on: September 28, 2021, 11:09:52 PM
well bitcoin for me bitcoin is both an asset and a currency, it falls in the category of asset because you can invest in bitcoin and also its price is not in a stable manner it always fluctuates depending in the demand and supply of it, it also falls in the category of currency because you can buy products and services using bitcoin, although the amount of services and products is not that many still you can use it for payment.
930  Bitcoin / Bitcoin Discussion / Re: Has the world become greedier since BTC? on: September 26, 2021, 01:12:18 AM
the amount of greed humans possess is immesurable, even though bitcoin is not discovered humans will find another resource that they will would love to monopolize and deplete to the point of non extinction. such is the way of humans bitcoin is just another resource for humans to abuse and monopolize.
931  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: September 26, 2021, 12:11:42 AM
its not entirely anonymous but most of the transactions are anonymous, they do this for security purposes when it comes to transacting with bitcoin. as we all know the only place that we can transact in bitcoin is through the internet and the internet is full of hackers and other criminal beings that makes your assets vulnerable. so they purposely made transactions anonymous to fool hackers and protect your bitcoins.
932  Bitcoin / Bitcoin Discussion / Re: All crypto declared illegal in China!!!!!!!!!!!!! on: September 25, 2021, 11:23:16 PM
i think this is only a FUD so that china can buy the dip again. if i remember they also did this some time ago and still after a while they still allow it, this is just some of their strategies to monopolize the bitcoin supply so that when it comes to resources they have the upper hand than most countries do.
933  Bitcoin / Bitcoin Discussion / Re: What are some interesting ways you've introduced bitcoin to your friends? on: September 25, 2021, 02:10:57 PM
i remember i introduced bitcoin to my friends while playing League of Legends, well not directly bitcoin but this site that you can earn bitcoin. I introduced them to this site and told them that you can use this site to earn a bit of bitcoin. from then on the 4 of use started using this site to earn bitcoin and through that we got involved in cryptocurrency and started day trading on the side while studying.
934  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin really resist inflation? on: September 25, 2021, 12:29:20 PM
well i think it cannot resist inflation because the value of bitcoin is based on the value of USD, it does not have any value on its own, so if the value of USD inflates then so does the value of bitcoin. if this does happen then the economy of bitcoin will collapse also the world economy will collapse so let us wish that the value of USD does not inflate.
935  Bitcoin / Bitcoin Discussion / Re: Domino's franchise offering salary to employees in bitcoin!! on: September 25, 2021, 08:43:25 AM
that's good to hear, that bitcoin's use is becoming more larger and larger as the time goes by, i hope for the future that the use of bitcoin will propagate more and will take its stage on the world economy. but for now seeing things like this makes me happy and proud. as more people use bitcoin the more chances it becoming one of the few cryptocurrency that the world market will recognize
936  Bitcoin / Bitcoin Discussion / Re: feel like never wanting to use crypto again on: September 25, 2021, 08:07:26 AM
well crypto can result in many bad experiences. but through this bad experiences that we learn. we must learn from our mistakes so that we can lessen our bad experiences especially our losses in money, we cannot fully omit our losses but at least we can minimize it and we can maximize our profits.
937  Bitcoin / Bitcoin Discussion / Re: One of the best coin Bitcoin on: September 25, 2021, 07:40:18 AM
as of now bitcoin is the best coin, because of how big the value of bitcoin is now and the amount of services and products you can buy with it, unlike other crypto their uses is still not widely propagated unlike bitcoin. many businesses like tesla approves the payment of bitcoin until recently and many businesses still uses bitcoin as their alternative way of payment. so for me bitcoin is still best coin
938  Bitcoin / Bitcoin Discussion / Re: Can Afghanistan replace afghan currency with Bitcoin? on: September 25, 2021, 07:07:57 AM
well that depends only on the country if they will adapt bitcoin as their main currency, because bitcoin as of now is not accepted as a main currency to trade services and products with, but if they would like bitcoin then that is their business but i think that they should not adapt it because is very volatile and is prone to changing its value in a short span of time.
939  Bitcoin / Bitcoin Discussion / Re: What if influential people buy Bitcoin back and forth? on: September 25, 2021, 04:13:54 AM
actually they have been doing this trend for a long time now, not only influential people but also the rich businessmen like bill gates and elon musk. this resulted in the continuous price upward trend on the price on bitcoin, because the demand for it is very high but lately many whales and rich people sold their bitcoin and now the price is in the downward slope.
940  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Future? on: September 25, 2021, 03:43:37 AM
well bitcoin will surely be helpful for the people in the future because bitcoin will revolutionize the economy and how people handle money. bitcoin can be used for many things like buying stuff or paying for services, the only difference that bitcoin and real money have is that bitcoin can be convenient to use due to its intangible nature.
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