Bitcoin Forum
July 03, 2024, 08:42:15 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Bitcoin Discussion / Re: Why do we really need Bitcoin? on: February 12, 2018, 10:09:46 AM
Recently, more and more I have been interested in the question of why Bitcoin was created. Who created it and for what purposes. After all, clearly there are people who control bitokoyn, well, that is - own a very significant amount Bitkoyn. Maybe it's just a new currency to replace the dollar only in electronic form. Until now, nothing is known about the creators of Bitokin. Why we need crypto-currencies, if on the idea you can use the same transfers of money cherz different banks. What happens if bitcoin collapses? Do not judge me strictly, it's just that these thoughts have visited me more and more often lately.


For me, we really need bitcoin specially if we have a financial problem or you want to earn money. Investing your money in bitcoin can give you a high profit and it also can make your money multiply. We need bitcoin because it can help us in many ways like me, I am a student as of now and bitcoin helps me in my educational expenses like tuition fees and also with the help of bitcoin I can now give money to my parents.
Yeah it is an independent currency and no one has any control over bitcoin so it is the main reason why price of bitcoin is increasing very high with every passing day. Now it has great potential to make your investment more than double and so if we will invest in bitcoin it will allow us to have bright future indeed. Making income with bitcoin is not very hard now if you have capital to invest and time to wait more than price of bitcoin will be more than this.
2  Bitcoin / Bitcoin Discussion / Re: Will you donate Bitcoin for the poor and needy? on: January 29, 2018, 06:51:17 PM
The point is to keep a bitcoin separately for donation to the poor. Donating a bitcoin directly will make sense if the receiver is aware of the functioning of bitcoin and Cryptocurrency. A poor and / or needy man can be sometimes an educated man or a knowledgeable man who is struggling to meet his ends. Bitcoin can otherwise be encashed and given to the poor.

It is always better to think big. I would rather create a trust or try to invest in healthcare or education of a poor child. All quick helps will not last long. Educating one child by spending a $25000 or more will reap great benefits to the society in comparison with feeding a whole lot of people once with the same money. Though it is not bad to feed but it is better to invest in a system that more than once continually feeds.

Yes I will donate Bitcoin to the poor and needy the way I feel is best useful for them. One percentage of the income can always be set aside for donation. After all, life is short and it is best to help as much as we can.

of course, without being told I would already give the profit I get from bitcoin I use some to give food or drink to people who are in dire need like people who are deprived and unable to buy their own food.
Point to be noted because you will damage their skills of self-respect and they will become lazy and will start depending on other for food and money instead of trying to earn. If we will make schools for them and will let them get free education then it will be good for their future as well. We should try to make their future and use our money and bitcoin to invest for schooling and teaching them or providing them good clothing’s and houses to live.
3  Bitcoin / Bitcoin Discussion / Re: Major benefit of bitcoin? on: January 08, 2018, 08:09:13 AM
The benefit I feel from bitcoin is that it can supplement my income, my income from bitcoin can meet my daily needs. so I am very grateful to know about bitcoin and change my life
Yeah our needs are able to be fulfilled just because of bitcoin, it is important to have two or more than this source of income today. One sided income is not enough now, everything is very expensive and for this you will have to invest some in bitcoin. If you are not having investment then you can join signature campaign and bounty campaign for source of income.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: What are your current Investments? on: December 12, 2017, 11:47:22 AM
my investment is ETH and LTC  because now the its time to ETH nad LTC
5  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: November 20, 2017, 05:13:02 PM
Fiat not yet been worthless even though bitcoin has hit $10K. Because, compared to currency in Asia still has higher capitalization than btc. Bitcoin and fiat are on different platforms. So that's not very influential.
Yes that’s true, if it was considered like that, then Gold would have replaced Fiat a long time ago because it was the first ever, and is also worth more than Fiat.If you’re saying that Bitcoin will replace Fiat due to it is having more value more than Fiat, then you know nothing about currencies and how they work.

Bitcoin is a stock, and stocks are meant to be more costly than real currencies, that’s what makes them different, just like Gold. Secondly, Bitcoin has just a number of 21 million, so it can’t replace Fiat. Well, no need to say that, whether limited number or not, it still can never be used in place of Fiat.
Yeah it is going to happen soon because now the bitcoin value and the price is increasing and it is the reason the demand of the bitcoin will also help a lot of the people it is the need of the time and I hope the bitcoin will be the fiat supporter in the coming age and the time, I hope the bitcoin will have the right value now. And the other currency will go out of the world just in the very short time now.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!