This is what can be implemented in a new cryptocurrency in future. But the problem is how it can be implemented in a decentralized system? If implementing this leads to a centralized system, better not to be implemented.
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Every one does a job, is paid for the work based on the contract has been made. But the problem of bounties is there is no official contract and the promise can be easily broken.
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Donations in Bitcoin, that's exactly what bitcoin was made for. This is a great way to use and to promote bitcoin. And the artwork is worth donating bitcoin to the artist. A great piece of art and with the QR code it's a nice combination with modern technology.
I don't think bitcoin has been made for donations. Donations can promote bitcoin. But donations is not bitcoin purpose. Donations can be also made using fiat.
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Of course, the government can set a profit tax with crypto currency. But how will this profit be tracked? Thought many countries already introduce such a tax Bitcoin can't control the government like anyone else.
Governments can know the profits that users make by forcing exchanges to give the users transaction details when they are converting their cryptocurrencies to fiat.
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I think the price will rise. But what you are talking about is not what causes that. 4 million coins left to be mined. But the circulation supply is still rising. More supply ----> Lower price
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One of big problems of criminals is always moving a large amounts of money. Despite I am a bitcoin supporter I cannot ignore that bitcoin is very useful for solving this problem.
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Till now we have not heard about a person who cannot use cryptocurrencies due to the government ban. It is same in all the countries. No one can stop people from using something which is decentralized.
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A cryocurrency cannot be successful if developers are anonymous. And bitcoin is exception as the first cryptocurrency. Who will pay money to a person or a team which is anonymous?
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Iran also officially banned bitcoin trades
Iran has not banned people from trading. They have banned banks from being involved in Cryptocurrencies. This is what they have officially announced.
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Before I opened this thread I expected this post to have been made by a newbie that has known bit coin recently. There is no need everything is physical. Bitcoin with its limited supply and many other advantages is valuable.
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I was surfing on the web and I accidentally heard about bitcoin. I didn't judge it and I started to study and know bitcoin and its advantages. I have been always positive about bitcoin.
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The most important feature of Cryptocurrencies are decentralization and anonymity. This is not only bitcoin has these advantages. There are many other coins better than bitcoin if you consider the transaction time and fees. So I think the popularity of bitcoin is the only reason.
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very sad to hear this news, and this also makes the price of ETH and token-based ETH directly experienced a very drastic price decline, whereas in the last day everything is still up one thing I want to ask, when will myetherwallet return to normal? or even never will? Seems that myetherwallet is safe now. But we should wait until myetherwallet developers officially make an announcement. Before that log in to the wallet is very risky.
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It's normal and it wasn't unexpected. Governments want to control financial activities. Because they want to get taxes. They also want to know the people who are doing illegal activities. It's not bad.
Europeans countries are investigating on Cryptocurrencies to take the advantages and also help people to use it in better ways. It's better than those countries that don't know the advantages of bitcoin, ban bitcoin and think that they are doing the best (though they cannot ban bitcoin).
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Bitcoin cash price is always heavily manipulated by whales. It has happened several times. Remember the time bitcoin cash raised to 0.32 bitcoin with no reason. Some people expected it to replace bitcoin. What happened next? Whales cashed out their profit and bitcoin cash price dropped.
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Do not worry about regulations and do not pay attention to some governments that try to ban Cryptocurrencies or regulate it. Bitcoin is not something can be controlled by authorities. Even they can regulate bitcoin, it's good. They are helping those people who use cryptocurrencies in good ways.
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Bitcoin exist in all the countries. Better to say "bitcoin exist on the internet". So everywhere internet exists, bitcoin also exist. And if the concern is governments, bitcoin is out of their control.
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The only reason of Eos price fall was Bitcoin price fall. After bitcoin started to rise, EOS also started to rise. And it has had the greatest recover among the 20 top altcoins. For reaching the all time high, most of altcoins need bitcoin to reach its all time high. But EOS has been great. And a new all time high is very close.
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I think there will be some small corrections as no coin can always rise. Now the market is rising after a big correction and that was the main correction which has ended.
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One of the biggest problems in fiat money is governments can easily print money. It causes inflation and has bad effect on economy. Bitcoin solve this problem by a limited supply. For this purpose the number of generated coins halves every four years.
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