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everyone has opinions, including you. very many reject the use of KYC on each bounty because it is vulnerable to being misused but we cannot refuse it. the policy comes from the owner of the coin or the company that will release the coin that held the bounty. so that we can only obey the rules that have been made. KYC exists because many multiple accounts are registered on a bounty.
Actually we cannot 100% secure our data. For small things, for example, we have a car loan, of course using KYC to complete administration. To open a bank account, KYC must be completed. The problem is that fear of verified personal data will be misused for criminal activities.
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Teaching is important of all people and understand the bitcoin. It teaching is important of people easy to learn and get more information. So time to acct and teach the bitcoin history and Daly news. Then people Will be understanding automatically. It change your future. So people use the bitcoin and teach the other people. But it any time to up and down. So people check the market price every time. Then invest.
It's not easy to convince people that bitcoin is a currency, because digital isn't physically available. Many consider fraud or ponzi schemes, afraid to invest in bitcoin. But when bitcoin reaches a price of almost US $ 20,000 in December 2017, many are interested and want to invest. Our job is to ensure that bitcoin is the same as a currency, can pay for goods directly or through a payment gateway.
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This will make it easy for Bitcoin holders to make transactions to pay for airport tickets, and I think airport managers are keen on technological advances, because they have many passengers and some of them will use bitcoin to pay for airlines. so Bitcoin holders don't need to exchange their Bitcoin with fiat money in that country.
The more airlines that accept ticket payments using bitcoin, the more passengers there. Airports will be increasingly crowded with aircraft passengers, meaning that the economy is spinning faster, welfare impacts are increasing. The government must be aware that technological progress will have an impact on state revenues, while bitcoin is proof that payment technology can be done without third parties, and cheap.
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Thailand is attracting tourists to it wit this news. It is a good thing for cryptocurrencies and I believe this it will make it raise
Thailand is one of the countries in Asia whose tourism industry is very advanced, in 2017 visited by foreign tourists as many as 35 million people. Such a figure must be maintained and even improved, where the results have a significant impact on the welfare of its citizens. For that bitcoin can be used as a means of payment, because the Thai government knows bitcoin has the potential to attract more tourists to visit the country.
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This is a great idea for an ICO. If there was a project you could truly trust it may be a good way for the newbie to protect themselves against rookie mistakes. I'm sure we will see this pop up somewhere along the line.
Insurance to protect bitcoin might apply, but I'm sure not now, because bitcoin currently doesn't get clear status in many countries. Some are legal but many also state that bitcoin is illegal. If this happens, how insurance companies can pay claims because bitcoin is anonymous and peer to peer transactions are clearly unknown to anyone.
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Bitcoin is supposed to be a cryptocurrency,from the beginning.And is still cryptocurrency,the most accepted one.But with the time itīs also become an Asset.Fiat money is low risk asset but bitcoin is risky one
Bitcoin is not paper money because there is no physical, but the function is the same for payment and also for investment. Maybe what is meant is that investment is the same as assets, even though it is different because investment is something that is traded, while fixed assets only decrease or increase in value.
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i think its okay if the government give the tax to the bitcoin holder and the investor, with one condition, bitcoin can be used freedom in that country and 100% legal, so we can use the bitcoin as the payment system in that coountry
Bitcoin transactions are peer to peer, so the government must legalize to get taxes. Although prohibited, transactions continue but are illegal and the government does not get taxes. Regarding the negative side of bitcoin transactions, the government must monitor to minimize the impact.
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Bitcoin is the pioneer in the transaction within shortest possible time that means within few seconds that charmed banking sectors in the world. Banks are coming forward to the Blockchain technology to adapt with the latest technology that changed the tradition of transaction without any intermediary and with few costs.
Bitcoin is a very realistic answer to the world trading system, now and in the future. Today, trade between countries is as easy as sending goods to a neighbor's house. For financial transactions, bitcoin is the fastest, safest and cheapest. On the other hand, blockchain which is a bitcoin base can be applied to monitor goods and services, so that they become efficient.
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I think, in time, bitcoin will lose its anonymity, otherwise it will not be approved by the governments. The fact is that anonymity gives advantages to criminals who can finance activities while remaining anonymous.
The government sees bitcoin as a lot of weaknesses that will be misused by criminals. The most feared is an anonymous transaction. For this reason, bitcoin cannot be accepted as a payment instrument in some countries. I do not know, whether someday bitcoin has a lot of development and can be accepted in many countries. As a technology, bitcoin will definitely develop for the future.
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Usually Bitcoin is measured in dollars to increase the value of its investment because the dollar is one of the most popular and powerful currencies in the world, but you can choose your own currency if the dollar is not your currency. There are many choices on coinmarketcap.com.
Bitcoin is clearly independent, because not relying on paper money, wherever it is used, will be converted to the price of the country's currency. For example, bitcoin is used in the UK, this will convert 1 bitcoin worth how much poundsterling. In other countries it is also the same in national currency. Why should it be assessed with fiat currency, because bitcoin is not valued by goods. When assessed by goods, the value is ambiguous.
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This is a difficult question for them all, and I think no one can answer the question you ask. Bitcoin prices are dependent on whales because they are the strongest pumps that can carry Bitcoin and they are also a digger that can bury Bitcoin underground.
Bitcoin is just like any other business that is speculative, meaning that prices are formed due to demand and supply. A large group of investors always play a role in determining prices because they have capital that can move prices up or down. Many people hope that the price of up to US $ 20,000 is natural, because experience proves that bitcoin is able to reach that price.
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To my mind, it is better to use btc than any other coin because it has many pros and it is not good to deny them. soon many companies will start using it instead of the main currency [/quote Bitcoin is the most famous digital currency and is currently the most expensive. The public is optimistic that bitcoin will not be deterred by other coins, because more and more users and user countries also increase. Agreeing or disagreeing is a natural thing, but the proof of bitcoin is growing. Regarding fluctuating prices, it will be selected naturally, because the ideal price for bitcoin has not been formed. Everything is still speculative.
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Blockchain technology can change the way many governments operate by improving efficiency and data transparency. The government is suitable to use blockchain technology, which can effectively solve the problem of inefficiency and waste!
If the government approves the blockchain, it means that the government approves a decentralized system where government authority will be reduced or lost, because it is difficult to intervene. Does the government want to lose control due to blockchain? Although the system is good because the data is open is stored on many servers, and data misuse or corruption cannot be done, because all servers know.
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That is a chronic disaster, it's can't be recover, that happens to me long ago, I lost it all
It was a disaster that happened because of our own ignorance. Private keys are the only way to enter, so the security of the code is unique and complicated. Therefore it must be stored in a safe place, if necessary to store it in a safe place manually. Bitcoin is a digital asset, the protection system must be more than just storing on cellphone. Cellphone is lost, bitcoin is lost.
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Actually bitcoin is just a goal. I mean, we are all friends to win something real. Our goal is to use our winner to shape our life. We're carrying it in a place you're right, but to me it does not mean anything without bitcoin. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) That's right, bitcoin is just a tool that can't move without controllers. Without a clear direction bitcoin has never arrived, which is to become a digital currency that is recognized throughout the world. So, all depends on the human being who is the brain of bitcoin, will be a solution to life or even add to problems in life. Whether it's legal or illegal all depends on us.
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Based on the fact that I have seen the price of bitcoin and still stable until now because I checked this past three days this is still the price and it's not too late to start buying bitcoin now.
I agree with your opinion, that it is not too late to trade or invest in bitcoin. For the short term, bitcoin prices rise or fall quickly because the price of bitcoin continues to be corrected until it finds an ideal price. For the long term, bitcoin can reach a price of US $ 20,000 and become an important currency. It's prediction, but it's not impossible for bitcoin to reach that expensive price again.
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Yes it can! As bitcoin remains on top and develops well, it will become the mainstream and it will be of great help to many by then. Looking forward that it will indeed happen for the good of many.
For the next decade I believe bitcoin will be an important currency, especially as a digital currency. As an illustration, now bitcoin is already known and used as a means of payment by millions of people around the world. There are some countries that refuse to use bitcoin, but citizens can use bitcoin with foreign proxies, because the internet cannot be stopped. Bitcoin with fiat currency for the next decade will work together.
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I think that market is down just because of too much selling orders and less people buying it. in current market condition which was already bearish from last top in December 2017, selling send us to downtrend.
Price fluctuations are not just bitcoin, but just like other fiat money is influenced by several factors, such as political temperature, a country's policy, to the negative sentiment caused by a currency's rise or fall, whether fiat or digital. When referring to bitcoin prices in December 2017, the trend is decreasing. Maybe now it's time for bitcoin to correct prices.
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Digital money in my country began to be used for payment transactions, both online stores and offline stores. But it's not purely digital like bitcoin, because in my country bitcoin is prohibited as a payment instrument. So I mean only digital payments without cash payments, such as credit cards or debit cards. Maybe someday if bitcoin can be used as a payment instrument, digital money will become more popular.
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Bitcoin are moving faster starting from the time it was created but now I think it's getting slower gradually.When the price of bitcoin fall, it normally also affect the other alt coin.But i believe this will move faster than other coin.
I never thought bitcoin would run slower than the altcoin, because alternative coins remained under bitcoin and became the second choice after seeing bitcoin price movements. The history of cryptocurrency initiated by bitcoin and forward or backward is determined by public / state acceptance of bitcoin. The better the price of bitcoin, altcoin also rises.
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