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This is shocking, I never thought that bitcoin will come this far. Well congratulations to all users and moving forward let us value the opportunity bitcoin is imploring us. Kudos to everyone.
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when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Is this possible? What is your basis that it has been approved by the central bank where in fact bitcoin is decentralized? This defies the rule and is truly ironic. Do you have basis for this? I don't know about other countries but here in the Philippines is legal to use Bitcoin since it has been approve by our Central bank. |
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Government's intervention for me is based from that fact that they cannot earn from them unless they are being taxed. Government has no jurisdiction with bitcoin so what they do is they are partnering with internet providers to prevent its usage and their they can stop it.
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Nah. You aren't going to stop scams globally, although there are ways to prevent it. Such ways could be a watchdog system which identifies scams and lets the public know. Although, this is subjective and can lead to bias so would need trustworthy individuals running it. Honestly, though I don't think we need to babysit everyone and people will need to make their own mistakes and learn from them. I don't want to see anyone scammed but, it's simply impossible to stop.
Hopefully this watchdog system you are saying will also help especially those who are already obvious in showing or stabilizing their platforms. This public spread of information only shows integrity and safety among users which for me is essential. |
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Cryptocurrency is the great way to start a new life with the new hope that someday this will uplift my living and lifestyle. I wish to earn more than I deserve someday.
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This comparison has been present at the most times. The difference among the two is mainly decentralization and centralization with bitcoin being the former and real money the former.
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I think learning is not inborn, it is acquired. It is acquired in a sense that each one of us has the ability to accept or reject ideas. As to working to earn cryptocurrencies, you have to be industrious enough to value your time your worth and most importantly your dedication.
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This is a good news knowing that using bitcoin can certainly uplift a country's economy. Bitcoin investment can certainly contribute to every nations success and development.
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That is your opinion, however, what I can say is that we bitcoin investors are not foolish enough to put our money in it. We believe in its success and you cannot take it away from us.
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Every individual, the lowly and those with monetsry capacity, can simplify bitcoin. As long as you are willing enough to learn and value every idea, you will be able to disseminate and apply facts to bitcoin.
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Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
First of all, I think you were mislead by the definition of centralization and decentralization. Bitcoin per se was initiated to uphold the commitment of applying decentralized blockchain to secure every users anonymity. It is hard to integrate the government's goal as for bitcoin to develop and move forward. |
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How true bitcoin becomes a national cryptocurrency? National means sovereignty and is government embodied. Is this even possible knowing that bitcoin is decentralized?
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I think this is ironic in a sense that bitcoin is a decentralized platform where in control is limited to its users. How possible bitcoin can be intervened by the government or how true is that it has being banned in some countries?
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There are really some platforms that comes into the cryptoblock but are scam in any form. How to get rid of these? Aside from carefully researching its roots and purpose? Or shall I say, is there any possible way to stop this?
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If your bitcoin mining is successful and stable, you will earn a fair amount of money. But this is not easy at all. Bitcoin prices are reaching the threshold so netizens are hunting software bitcoin. You need to use most of the power of the computer to perform calculations for the blockchain of the virtual currency, contributing to the creation of new block blocks for the blockchain. From there you will be paid a fixed amount of virtual money.
However, whenever I withdraw the coins I have mined comes the difficult transaction and takes a long time. How can I find legit mining sites? |
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Mining is pretty stable..as long as do due diligence and mine only legit coins. It's a bit slow, but a sure way to make money. Just make sure to invest in mining hardware during the bear market as it's way more cheaper then because the profitability drops.
However, I find it much difficult to withdraw what I have mined and I do not know the reason. Is there any other mining site for me to find and can provide mined coins in a fast time? |
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Such mining is common and is actually an angler for you to invest in their struggle, and I do not think it should do so because of that danger.
Indeed that is also the reason why some prefer trading. These mining sites only helps those who are already invested enough and only takes advantage of miners to make them earn more. |
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There are lots of mining sites which gives free coins but you cannot withdraw. How true is this one? I cannot even withdraw what I mined. How to learn more from mining?
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There are lots of trading blocks where you can buy and sell bitcoins and other altcoin. I only know yobit and stocks exchange. Are there other better trading blocks to exchange cryptos? Thank you guys.
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