Bitcoin Forum
May 21, 2024, 11:33:59 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 [243] 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 »
4841  Economy / Services / Re: [OPEN][Signature]🔵🔵XCH4NGE🔵🔵Connecting Crypto Users Worldwide! on: February 28, 2019, 03:33:15 PM
Tried to upgrade avatar but got same message: Animated image are not allowed.



That is also the message that I got when I attempted to change the avatar to the new one posted. Hope it gets fixed soon!
4842  Economy / Gambling discussion / Re: You cannot win in gambling on: February 28, 2019, 03:14:40 PM
I don't think so. There are a lot of people who are lucky enough in gambling wherein their life has been really changed because of gambling. At the end of the day, it's still depends on the luck of a person.
Yes, gambling can change a person's life for the better but that is only temporary, greed will be difficult to control if gamblers have considered gambling an easy way to get quick money, meaning too underestimated. But I believe there are still people out there who are able to live happily from gambling by managing profits and press losses well.

As the nature of gambling, everything revolves around luck. In order to be successful in life, one must posses the skill, intelligence, hard-work, and luck throughout the adventure. People who became successful due to gambling are also the ones who posses the said traits and it is only a matter of perspective on how one views their success. Regardless, everything has an exception and that may be the individuals who won the lottery or by even a one time all-in bet in gambling.

In gambling wins only those who organize it. A person who makes bets can win from time to time, but if you count the amount of losses and winnings for all the time, the calculations will not be in favor of the person.
Gambling should be considered only as entertainment and not to spend large sums of money, then everything will be fine with you.

Like any other hobby, they can be addictive when it gets out-of-control and if the person lacks the discipline. What makes gambling addicting is the result and satisfaction of earning large amounts of money relative to your money risked. Unlike conventional jobs, you get paid daily, weekly, or monthly but in gambling, you can achieve those in one night.
4843  Bitcoin / Bitcoin Discussion / Re: Steve Wozniak former Apple ceo is asked about his view on bitcoin on: February 28, 2019, 12:57:44 PM
But he says he sees it as the worlds single currency one day.
I do not think so. When the whole world will one country, it will be possible, otherwise  each country has its own arrangement, the country does not have to depend on money, but the money have to depend on country.

I do agree. It is impossible currently for the world to shift the fiat system to a digitalized transactions due to economic discrepancies present among first world and third-world countries. In addition, the difference in technological advancements, infrastructures, and economic condition is greatly overwhelming that third-world countries are in the burden of providing their own resources in accessing bitcoin. Not to mention, they have different priorities compared to first world countries (first-world problems meme).

Although a digitalized form of payment may seem impossible, we may see this inevitable change in the future once all countries are capable of utilizing such.

Unlike Warren Buffet, Steve Wozniak is pro Bitcoin. The fact that such powerful and successful individuals are discussing BTC is achievement on its own.

It is indeed an achievement and another milestone reached in terms of its reputation. Maybe in the near future, we might see a collaboration by Apple which may affect the price of bitcoins in the future.
4844  Economy / Speculation / Re: Market will be recovery current year 2019 ? on: February 28, 2019, 10:55:10 AM
Bitcoin market analysis of Step by step , this cur rent year 2019 bitcoin will be recovery its price and reputation. I think bitcoin will be highest soon

Difficult to conclude that bitcoin's price would be the highest this year 2019 as it continues to experience this bearish slump. Although the price has decreased by 80% from its peak of $20,000, news have been circulating the launching of Bakkt platform, which would introduce the first physically exchange platform where people would receive contracts.
This would enable stock market investors to purchase investments and attract new investors due to having a well-known platform. In addition, Starbucks has collaborated with the platform (which has potential of allowing bitcoin as an alternative payment or an exchange at their stores- 15,000 customers daily!).
4845  Economy / Gambling discussion / Re: Bitcoin gambling that stressed me out (i wanna quit) on: February 28, 2019, 08:44:46 AM
I have been gambling since 2 years ago. Playing from casino sites to another casino sites. Win lose, win lose, win lose, many sleepless nights. One time somewhere 2018 i started to bet bigger than before. I got stressed out because of the bustings. I cant stop myself from playing. I just want to stop. Up until now, im still gambling and i cant stop myself from it. What will you do if you have situatiom something like this?

Problems like these, you may want to address it to your family, relatives, and close friends so you could ask them for assistance and support. Breaking any habit requires extreme patience, motivation, and determination as it involves your mental capacity to decide what is right for your current situation. If you are supporting your family, think of them as your strength to overcome this addiction. Think the future of your children and your relationship with your loved ones as it they are affected by the looks of it.
If you are supporting only yourself, think about your own future 2-3 years from now if you do not break your addiction. There is always that potential danger that you may be bankrupt or even cause mental stress that would eventually lead to suicide.

See a psychologist. You obviously have a gambling problem. Do it now before it gets any worse and ruins your relationship with your loved ones.

Funny to see those "typical" answers, like go see a shrink.

No, OP, before you see anyone - arrest your addiction.

How?

Make it impossible for you to bet, and if you can't - put fences around it, the more - the merrier.

This is how you educate yourself to stop betting, and thus you can focus on building a better life for yourself, but you have to put your addiction under arrest (just like a cop puts a civilian under arrest), once it's locked - it's locked, you won't be able to release it so quickly, it will require to pass the fences you build.

For example - self exclusion, keep your money with your loved ones so you won't be able to spend it - any website that causing you problem contact the site and ask for permanent account closure without the ability to reopen the account etc.


I honestly think that's not a "typical" answer. What's typical is "just stop gambling."

Seeing a shrink means seeking expert help. Shrinks are in the best position to tell one addicted to gambling where the problem lies and how to go about it step by step (as gambling addiction may be treated on a case-to-case basis).

I believe consulting a psychologist is always better than getting not some non-whole-hearted advice from random people who sometimes just play expert (and never even really got to study serious cases of addiction unlike psychologists who did).

Any kind of addiction is very difficult to stop especially if it becomes part of your daily routine. It is advisable that OP might want to seek help from his loved ones and he also needs time to think about his current situation.
Everything is on the mind- exercise your free will to think and to decide what is best for you.
In addition, try to substitute your addiction to something recreational like: going to the movies, taking a walk outside, going to church, or even by just watching television. As much as possible, he needs to keep himself busy and distracted and it will only be possible by asking for help.
4846  Economy / Trading Discussion / Re: Did you lose your confidence as an investor? on: February 28, 2019, 05:29:18 AM
For those newbies in the market, they are now scared and probably every single minute always checking the price in the market.
But for those real crypto enthusiasts, they are now relaxing and forget for a while the market bearish and wait for the bull run.

I voted, I still believe in crypto and I know that it'll recover for sure, if not sooner, later. We must do this to avoid panic selling for those weak hand people.

The division between newbies and crypto enthusiasts depends upon their experience as an investor. Normally for a newbie, they are maximizing their resources in order to prevent from losing their investments. In contrast, experienced crypto-investors also do their part by studying the market while maintaining their composure regardless of the result from a bearish-bullish market.
As someone who is in the middle between the two, I normally check the market and study the volume, market cap, liquidity, and current events to know whether to sell or purchase more coins.

Honestly, i'm lossing my confidence with this market perfomance because of tired of waiting of the bullish market to start. I keep on holding my assets for the whole year of 2018 and expect that the market will bounced back but it did not so i extending my patience again for this year with hope that the market will become healthy once again but if the price to continue to fall below $3,000 then i will leave this investment in dismay.


Before you set a portion of your income to investing, consider them as the money that you are willing to lose. Classify your investments whether for short or long-term depending on your needs. If you think that your initial investment made a slight profit margin from the volatility of bitcoin, then do not hesitate to cash-out. If you invested when the time of each coin was around $8,000-$20,000, then it is better to HODL your coins and consider them for long-term.
4847  Bitcoin / Bitcoin Discussion / Re: Who would actually believe celebs promoting crypto? on: February 28, 2019, 01:38:49 AM
DJ Khaled and Mayweather had an issue about shilling an ICO. And other celebrities hyping or promoting scam coins. Who would actually rely on their words? If you're listening to celebs then you are not ready for this type of market at all.

Not to generalize celebrities but most of them only have the means of investing while lacking the proper understanding and fundamentals of the topic. To give you an example, Mayweather is absolutely considered one of the greatest boxers of this time but his lacking of basic investment methods hinder him from making proper decisions. In addition, they get easily attracted and captivated by ICOs while failing to do background checks or research on the company.

If I were to base my decision on someone, I would rather listen to an financial/trading expert who has a background on investing compared to celebrities who know little to nothing about investment.

Celebrities will advertise anything. After all, they get a fee for this and, moreover, not a bad amount. So why not earn a little, and even remind yourself through advertising. After all, they get paid for advertising immediately and with money, and not tokens like bounty hunters

That is their job in the first place since they target the audience with little understanding of investment. Unfortunately, that is the sad state of some advertisements. Lack of authority in promoting something that does not coincide with their profession line or background.
4848  Bitcoin / Bitcoin Discussion / Re: Bitcoin could've been created by the US government...Coincidence? on: February 27, 2019, 11:54:06 PM
Regardless on who created bitcoin, we cannot change the fact that it revolutionized the transaction of payments by eliminating the need for a peer-to-peer transaction while maintaining security over it. Assuming that the government DID create bitcoin and they have reserves/supply that can potentially decrease its value significantly, people would just shift to another cryptocurrency. In addition, if this was just an experiment, then they have successfully creating a platform to jump from fiat to a digitalized payment; which everyone will benefit in the long-run.

Like what most people already said, they value the technology behind the coin (which is the blockchain). It just so happens that it contained an opportunity for investment due to its volatility and decentralized nature.
4849  Economy / Marketplace / Re: Why the market is falling and why not be afraid on: February 27, 2019, 10:59:28 PM
The market rates are fall and go up frequently that's something not be worried about that much I guess and also the thing that the market is manipulated to often by big whales to lower the price of cryptocurrency.
That's their strategies and we have to accept it, in fact they were helping the market even they are doing something not good to us but above all..we all have benefited by then. Such hypes are also their doings but it is sometimes a wide trap for newly investors and those people who are still learning the way it works.

Bitcoin, by far, is one of the most liquid cryptocurrency in the market. Due to its volatile price, we can expect its price to change every second without notice and that is why some investors are inclined to short-term investing rather than long-term.
I read an article about the value of bitcoin, stating that its value is impossible to be obsolete. It may be valued at around $1,000 or even below but it's impossible for it to lose its value entirely. From that aspect alone, bitcoin as an asset, is successful on its own and will become a good store of value compared to most investment methods present.

Bitcoin online market always unstable in nature and not in constant form .. today's market is dumping,and simultaneously tomorrow market will hit high.so don't fear at all , please patients in dumping situations.
Thats right, that is common thing in the market, indeed sometimes falling prices require a long time to recover, but the upward trend will definitely occur in the market, only a matter of time. so why are you scared? the main problem is doubt, so get rid of that when you have bought a coin

Check the trade volume, liquidity, and market cap of bitcoin. As of now, the market cap lost 2 billion worth of value as the price stabilizes around $3,700 but a lot of investors are stating that this could be the end of a 1-year bear market slump due to the number of ICO investors increasing.
4850  Economy / Trading Discussion / Re: Are traders born or made? on: February 27, 2019, 11:13:34 AM
They are made, but it helps if you were born smart
I think innate ability is very important in determining the performance at the projects you undertake. A person good at mathematics might not be very good at cellular knowledge. It also depends on the training you get. Normally, a period of six months is more than enough for someone to specialize in a field. If you are not good at trade, you can become the best trader by exploring and practicing.
I don't think anyone is born smart, depends on each person's own efforts. Einstein was not born and then clever about mathematics, he tried and studied. Likewise with traders, you have to learn and try, if you keep trying and learning at certain times you can get even more expert

Everyone is born of equal intelligence and knowledge. It is up to an individual on how he/she would develop more techniques and learnings depending on the environment on where he/she is exposed to. Like traders or any other profession, they are learned through experience or by interest. Saying that people are born smart may reflect on their livelihood and lifestyle as they live a life full of blames.

The experience that a person face City to grow his journey in trading will make a person to be a good trader so no one will came to huge knowledge and huge experience in this field it all made with the time and interest that you have been spent here in trading so ja huge profitable traders will definitely be a huge interested person in this field.

That is definitely true. An individual becomes someone if he/she develops the right attitude based on his individual experiences and personal growth. Hard work and luck are the reason on why many people are successful on their respective field. Those are just the basic formula for success!
4851  Bitcoin / Press / Re: [2019-02-26] - Samsung Announces Galaxy S10 Crypto Partners, Bitcoin & Ethereum on: February 27, 2019, 09:53:44 AM

The new Galaxy S10 series smartphones by South Korean tech giant Samsung will apparently have wallet functions for Ethereum (ETH), Bitcoin (BTC) and two other tokens. A Samsung official spoke about the phone’s new features at the Mobile World Congress in Barcelona, Spain on Feb. 25.

https://cointelegraph.com/news/samsung-announces-galaxy-s10-crypto-partners-bitcoin-and-ethereum-support/amp



I actually commented on this article about its effect on the price of bitcoins. Although the phone might be supporting wallets for BTC and ETH, the impact would be on the sales on the phone rather than the price of bitcoins and ETH itself. This is a good start though, slowly putting bitcoin and ETH for exposure in order to attract curious individuals who are does not know anything about cryptocurrencies.

They should have added litecoin support as it has better real world use for payment. Unless it is just a wallet and not a means of payment, but leaving coins on your phone is also a big risk

That is actually the problem as putting your coins in a physical wallet THAT YOU CARRY EVERYDAY increases the chance of stolen coins. That would be the responsibility of the owner though but I doubt that they will store tons of bitcoins on this wallet knowing this kind of risk.
4852  Economy / Gambling discussion / Re: The longer you play poker the better you become ? on: February 27, 2019, 03:36:01 AM
What do you think can be a consistent winning player on this game? is this game of skills or luck?
the longer you play more skills you get?

Poker is one of the few gambling games wherein skill plays a significant role in winning. Although it may seem that the cards generated are by luck, with proper deception skills, understanding of the players' micro-reactions, or by reading their every move, you could get a grasp on what cards they have or if they are bluffing or not. Just to give you a quick background, poker is recognized internationally and is being played by millions of players with tournaments being held at different places and being televised world-wide.

It's more on luck but somehow skill is an advantage. It's more longer a luck because your winning depends on the card of your opponent and also depends on the card given to you.
Indeed! These what I recently realized. Before, I do believe that skills rules greater than luck when it comes in playing poker but as I practice playing through the help of poker game apps and spending many hours my perspective changed. I say so because when there are times that I had a bad card and try to bluff my opponents I still end up losing — big loss (lucky for me that it was just a game). This only means that pure tactics cannot outwit the lucky ones all the time. Or maybe it's just the odds of winning in a game is very different from the real play that's why I always lose, what do you think?

I have been playing poker for 5 years now and I can say that lucks play an important role but it is on how you deceive your opponents by bluffing. It may not work all the time but you can actually observe their reactions (through micro-reactions) to get an idea on their hand. But I do fully agree, any form of gambling is really luck-based regardless of the technique that you use.
4853  Economy / Speculation / Re: Ways to Raise Prices bitcoin on: February 27, 2019, 12:17:28 AM
There has been a speculation that the Bakkt Launch could roughly introduce 100 million new investors to bitcoin and other cryptocurrencies in the market. Unlike any other platforms, Bakkt is a digital platform that will physically distribute bitcoin factors.
According to this article (will post the link under), there are roughly around 35 million cryptocurrency investors and 465 stock million traders. The Bakkt platform would be the medium to introduce this cryptocurrencies for stock traders to utilize on. With their recent partnership with Starbucks, bitcoin would also be exposed and introduced to the public with their 15,000 stalls around the world- expect the effect to snowball in the upcoming future.

Link: https://bitcoinexchangeguide.com/bakkt-launch-could-expose-over-100-million-new-investors-to-adopt-bitcoin-and-other-top-crypto-assets/

I have no doubt that the Bakkt launch will kick prices up

Even if on hype alone (actually, we have already seen that). However, I'm not sure if this platform will appeal to the kind of people you mention in your post, i.e. stock traders and their likes, as there is nothing that would prevent them from trading cryptocurrencies right now

Ultimately, it all comes down to having coins in your pocket, i.e. in your local wallet (desktop, hardware, paper or otherwise), so how would Bakkt be different from, say, Coinbase, Gemini or any other regulated exchange out there?

Based from the article that I read, they will be the VERY first platform to release a physically-settled bitcoin features which would involve a contract. Then, this contract would be the subject of trading in the ICE electronic platforms guaranteed by the ICE's themselves. In contrast with Bakkt, the current trading platforms (coinbase, Gemini, etc.) the transactions are digitalized.

4854  Economy / Speculation / Re: Ways to Raise Prices bitcoin on: February 26, 2019, 02:05:33 PM
There has been a speculation that the Bakkt Launch could roughly introduce 100 million new investors to bitcoin and other cryptocurrencies in the market. Unlike any other platforms, Bakkt is a digital platform that will physically distribute bitcoin factors.
According to this article (will post the link under), there are roughly around 35 million cryptocurrency investors and 465 stock million traders. The Bakkt platform would be the medium to introduce this cryptocurrencies for stock traders to utilize on. With their recent partnership with Starbucks, bitcoin would also be exposed and introduced to the public with their 15,000 stalls around the world- expect the effect to snowball in the upcoming future.

Link: https://bitcoinexchangeguide.com/bakkt-launch-could-expose-over-100-million-new-investors-to-adopt-bitcoin-and-other-top-crypto-assets/
4855  Economy / Economics / Re: is it possible that the bitcoin was created by governments? on: February 26, 2019, 01:10:17 PM
According to conspiracy theory, Is it possible that the bitcoin was created by governments to gain financial strength in the modern world?

Interesting question since the mystery behind the pseudonym of 'Satoshi Nakamoto' (the person who created the existence of bitcoins) is still at large- no one knows who he really is or if he even existed. He might be an organization, the government, a group of people, or an individual who hides his existence for security reasons. Going back, I doubt that the government is behind the creation of a revolutionary payment method since they are the ones who are against it, as they implement laws that prohibit the usage of such.

There are people who believe that. Every now and then I'd see threads about it here in the forum. Most people believe though that it's not. Though gov't can track transactions we can't really say they have a way of controlling the flow unless they outright ban miners. They do want increased regulation over it.

I'm discounting the possibility that it WAS a gov't experiment though, like how the internet was created by the military. Sometimes creations do take a life of their own.

 

Well regardless on who created bitcoin, we cannot deny the fact that it revolutionized digital transactions and gave possibility of unlimited potential when it comes to security of payments and investment alternative.
4856  Economy / Speculation / Re: How news influence the market. on: February 26, 2019, 10:47:26 AM
Friends, how do you find out fake news? Do you think he impact of this news  hinders the development of the market greatly, or the rates fluctuate only on major hype and fakes do not prevent the market from going forward?

It actually contributes to the price in terms of affecting people on investing. The spreading of fake news are common nowadays especially when something or someone is on the spotlight.
Let's take bitcoin as an example: when it was still on its embryonic stage, people were skeptical about investing and purchasing coins at that time as news were stating that it can be used under the dark web to purchase illegal products and services. With this being said, it convinced the public to avoid acquiring it and it also cascaded to countries prohibiting the transactions of such which contributed to its price falling below $1,000.


News do impact showcase somehow or another yet not all that fundamentally the same number of think. Regardless of whether they have some effect that doesn't keep going for long and I think this is a distinction contrasted with some past periods. I believe that Bitcoin showcase has turned out to be stronger and less delicate both to awful and uplifting news however that occurred in the lead position due to speculators that respond unique in relation to previously.

Being exposed and highlighted in the public is a double-edged sword, both that can benefit and be destructive depending on how it was showcased by the media. On the early days, bitcoin was regarded as an alternative currency which can be used under the dark web for illegal services. But such news also gave rise to a number of people who got curious and knew the existence of a decentralized currency which has unlimited potential. It really depends on how people perceive the news and on how they will do their research before coming to a discernment.
4857  Bitcoin / Bitcoin Discussion / Re: bitcoin is the world's 3rd strongest currency on: February 26, 2019, 05:49:45 AM
Bitcoin now costs a lot and so many can not afford it

You can always purchase a fraction of 1 bitcoin depending on your budget. In fact, its price already decreased from $20,000 to $3,700, which people seemed to believe that its dying. If you have the budget, you may want to invest or do day-trading as its volatile nature can yield you profit which is relatively higher than most conventional investment methods.

It would be foolhardy not to acknowledge the potentials of Bitcoin and it's potential to disrupt a lot of economies in the world. But ascribing it to be the 3rd world strongest currency is a little too early in my honest opinion and it would need a lot of adoption around the world to attain that status and it definitely would take some time.

I fully agree. I mean, it may be regarded as a digital currency but most countries view it as money, but not legal currency. In addition, cryptocurrencies cannot be entirely adopted as a currency due to economic discrepancies among developed, developing, and underdeveloped countries. It would only lead to chaos and manipulation wherein underdeveloped countries would be poorer and the developed richer.
4858  Economy / Trading Discussion / Re: failure to gain profit on: February 23, 2019, 06:16:34 PM
The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

Set aside a portion of your income for your investments and consider them as the money that you are willing to lose. Since you have experienced losing money, learn from your mistakes and take responsibility of increasing your understanding on the market. Put MORE effort and do not allow to have a little understanding (like what you've mentioned) since all of these factors contribute to losing your investments without the proper knowledge.

If you want to minimize your unnecessary losses then you should stop doing day trading,just concentrate on the longer term trading while the bull run begins.

Many people forget to make profits but they keep trading without any goals on it,in that case they will lose more than what they have earned.

Day trading can effectively garner you short-term profit, given that you understand the market price, data, and risk factors to consider. Unlike long-term trading, short-term trading relies on the volatile price and gaining profit despite the profit margin is low compared to long-term trading.
4859  Economy / Economics / Re: What is the effect of adding a bitcoin currency symbol to iOS? on: February 23, 2019, 08:52:02 AM
IOS have give bitcoin symbol on google keyboard, I think will have big effect for bitcoin and altcoin at the future with price will grow up. I hope will have new product and companies want to accepted bitcoin and altcoin as their payment for the future.

How can adding one symbol in IOS have an effect in the increase of the price of bitcoins? I do not see the correlation between the two stated causes. Although it might make people curious about the said symbol, concluding that it will have a significant effect on its price is unwarranted.

The addition of a bitcoin currency symbol clearly shows that Google does not turn a blind eye to the crypto world.
https://news.bitcoin.com/bitcoin-currency-symbol-google/

Google has a significant effect on the cryptocurrency market.
Time will tell what the cascading effect of adding the bitcoin symbol is to the minds of everyday iOS users.
What do you get from adding a bitcoin currency symbol to iOS?

Most iOS user are educated and if bitcoin symbol added in iOS, i dont think it will give big effect. Most of iOS user must be already know about cryptocurrency and blockchain but perhaps with adding symbol they interesting to invest in crypto
the addition of the bitcoin symbol into iOS is not a big influence in bitcoin price movements, the addition of the bitcoin symbol only makes it easier for people to give bitcoin writing, and that will have a big influence when there is good news happening in bitcoin.

How can one symbol effectively influence the price movement of bitcoin? There are various factors to consider when analyzing the price movement of cryptocurrencies and concluding that one symbol will make such a huge price movement is fallacious. One positive effect of it is that, it gives awareness to individuals who are not knowledgeable about the cryptocurrency world.
4860  Bitcoin / Bitcoin Discussion / Re: How to make Bitcoin more approachable to common users on: February 23, 2019, 04:34:38 AM
Even after Ten years still Bitcoin is used by Geeks and majority of common citizens doesn't seems to use Bitcoin as a currency or even for trading purposes and I think this situation has occurred because still it is not approachable and that is because even it has all the features for a proper usability majority of people doesn't see Bitcoin as an usable currency for anyone who has basic technical knowledge which is not true but in order to change this situation and make Bitcoin more approachable to common people how its path should change in the future both technically and socially to convince it is a currency for everyone   

You have to consider the economic discrepancies among developed, developing, and underdeveloped countries. According to the WTO, there are 33 underdeveloped and 88 developing countries as compared to the number of developed countries. From this data alone, you can infer that these countries have scarce resources, limited access to the internet, and other economic problems.
These countries have their hierarchy when it comes to technological and infrastructure priorities and shifting to a digitalized form of currency may not be their need as of the moment.

the truth is there are so many people out there who have heard about bitcoin but are yet to give it a tryer. we could make bitcoin more approachable to common users if we educate them on the use and benefit of bitcoin. Let them know its a whole lot easier, cheaper and convenient to use bitcoin for transactions than using fiat. I believe with time they will get to give it a tryer and get use to using it

Internet infrastructure is important if we want to introduce people with cryptocurrency. Internet is main factor why people use cryptocurrency because its peer to peer currency. Many people in many country can not access internet and that the main factor why they dont understand or knowing about blockchain and cryptocurrency

This is the one that I was talking about. The problem with cryptocurrency relies on its nature being accessible on the internet. With a digitalized form, countries that are underdeveloped cannot adapt to this kind of change, as their priorities are focused towards their economic stability and poverty problems.
Pages: « 1 ... 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 [243] 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!