https://www.deepdotweb.com/2016/01/23/bitcoin-playing-an-increased-role-in-crime-europol-says/Would you believe that the existence of bitcoin has increased the number of criminality in some countries in the world. This is the issue that was being thrown by the EuroPol and the UK Metropolitan Police. According to them bitcoin has played a huge role on the increasing criminality in their area. They added that a huge number of cybercriminals were using bitcoins in their activities. This just shows that as bitcoin develops both advantages and disadvantages will tag along. Well, that was really common and normal that with the sense of being beneficial, a certain thing can be used to tolerate such negative actions even though it is not really intended or made to be used up to support those bad actions. Maybe it is really true that because money can now be easily accessed with the used of being virtual, criminality rises but that was due to the irresponsibility of those users so we must not blame it all into Bitcoin and other types of cryptocurrency. |
|
|
|
I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?
What is your opinion?
For me, on my own opinion and based on my own understanding and experience, cryptos are playing both the characteristic of being an asset and at the same time a currency. An asset in a way that cryptos are literally good for long time holdings or usages because even with a short period of time, you can obtain privileges like earning a profit from your initial holdings even you do not exert much effort to raise your money which is good for investment purposes. A currency in way that it is already used to purchased or to buy goods and services in which combining both characteristics can make up cryptos so for me, it is both a currency and at the same time, an asset. |
|
|
|
So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
I think, somehow yes. Using and getting engage into Bitcoin cryptocurrency can teach young kids and even teenagers the essence of saving since that was the simplest and easiest way that was possible to earn profit even you do not intend to work and exert much effort because it is just a matter of time that Bitcoin rises and holding some quantity which includes saving purposes makes Bitcoin more beneficial so I can gradually state that Bitcoin can do really teach kids about saving. |
|
|
|
Does Social Media Influence bitcoin growth?
I do believe that it is totally a yes for the answer. You know why? It is because people nowadays totally rely what do they need to know into different social media accounts to make them familiarize and be aware of the newly existing things in the world. Also social media as a platform of information helps to make Bitcoin popularity to continuously rise so that many people will continuously go engage and get in touch with it making the demands rise that attracts many potential investors that maybe the reason behind why Bitcoin price continues to rise into the top. |
|
|
|
Hey everyone  finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them... Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way! Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else... I do really find difficulties understanding your thoughts due to your construction but I have already get what you really wanted to state. Yes it is true. The dumping or the decrease happening in price of Bitcoin can cause commotion and put everybody into panic but we must need to see this scenario in the positive outlook because this dump although alarming is also a great time to buy more Bitcoin and even to buy altcoins at the se time because it is much more affordable at this stage. |
|
|
|
Guys I'm wondering why BTC is moving this fast to up? With logic there should be a huge amount of money flew into BTC market but I don't see any reason to make this happen. Is there any economic reasons about this massive flying to up? What are your opinions about this happenings?  Yes there is really an economic reason for this massive fly up of Bitcoin. The rise of the popularity of Bitcoin as time passes by, also makes the rise of the demand which contributes to the fast growth of the price which makes it beneficial for the Bitcoin users and long time holders of it. As long as people sees Bitcoin as a beneficial way to earn and have profit, the rise and progress with regards to Bitcoin pricing will just continue to move along. |
|
|
|
What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
I still do not know what will happen if people stop buying Bitcoin because at this moment, I cannot see tough reasons why people will just stop buying Bitcoin because they can see that it is essential and beneficial to buy and have. Maybe if people will just stop buying Bitcoin, the price will of course drop into something because the price will also drop that will possibly make this cryptocurrency unvaluable because it will lose its worth and people might just tend to waste this after all. |
|
|
|
Why would government will do such thing of closing the banks just to tolerate cryptocurrency usages worldwide? We all know that the people are relying and keeping their money into banks so it will be against the people's will to have their saving into banks if the government will close the banks. Also, the worldwide abduction or elimination is impossible for me to happen because a large part of the population still rely and trust banks than cryptocurrency wallets. |
|
|
|
I decide to buy 2 bitcoins with in this week.. Its valuable ? Am I late ? Waiting for your replies ?
I guess, no you are not because anytime is a great time to buy Bitcoins because admit it or not, we all know that having Bitcoin is really essential and a beneficial thing to have nowadays because of what it worth that can be so much worthy and can be really beneficial since it was said that it provides daily life needs for what it can offer and give to its consumers or users and even the potential investors. Better to pursue buying now as long as you can afford buying one. |
|
|
|
Possibly it will be a yes. If the consumption and the total usage of Bitcoin will be established worldwide, the possibility will be observable thing to happen. It will somehow replace Dollar in terms of popularity and massive usage but we still cannot deny the fact that it is still not intended that with the rise of Bitcoin, Dollar usage will be gone. Maybe it will just be lessen in terms of usage but. It totally to be gone. |
|
|
|
What do you think to the bitcoin prices in 2018? It will continue increasing up or continue declining down?
If increasing up, what value do you expect? Same if it is declining down?
For sure, on the upcoming year of 2018, the prices will go back to normal which is all the prices if the different cryptocurrencies in the market will soon continue o rise up from the dump situation they are into right now. I am not that much expecting that Bitcoin will totally boomed as 2018 comes but expecting that upon the process if taking up the new year, the price will continue to rise and I expect that it can surpass what price it have already set which is about $20,000 just a couple of weeks before holiday season came into action. |
|
|
|
Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"
Well actually, I am not really a fan of spending too much money for fun stuffs or those things who are for temporary usages only so in short, I am not really into spending. Even though Bitcoin was already rising in its price, I still do not intend myself to spend that much unless it is really needed to spend. If I am going to spend my Bitcoin, I will assure that it is worthy just like investing into long term materials and investments so that I would not regret putting money into those things that I have spent. |
|
|
|
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.
It will be nice doing such a good deed of giving bitcoin to those poor and needy because we all know that Bitcoin's price is already on its highest peak and having some is truly beneficial nowadays. But the assurance that they will be able to use it properly is still a great problem to be face since these types of people need physical money or real money rather than virtual money in terms of cryptocurrency so I bet, I will just withdraw an equivalent value for what I will give in Bitcoin to be turned into fiat so that they will already know how to use it rather than giving them Bitcoin in which they cannot use properly. |
|
|
|
I have had an issue with Paypal and while I was trying to look for a solution on the internet, I came across this website ( https://www.consumeraffairs.com/online/paypal_02.html) where everybody is complaining about Paypal. Most of the complains were actually similar to the one that I have. I thought Paypal is a credible company but now I have started feeling worried about my funds stuck in the accounts. Maybe there are just issues that are existing within their operating system so Paypal is undergoing certain maintenance to keep in touch with its users and consumers so they just have to temporarily freeze their operating system and after they have already fixed the issue on their operating system, they would surely come back to reality and their operation will soon to comeback into normal. This happening might not be considered as scam but maybe it is just errors experience in the system. |
|
|
|
Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
Yes for sure. Because compared to the regular money in terms of fiat that we have, Bitcoin has the more capacity and capability to make such investments grow into much larger quantity in which is beneficial for the part of the investor because he is seeing how his investments behave through the transparency feature it provide to monitor such actions or activities related to bitcoin. So yes, bitcoin is a good way to invest your money. |
|
|
|
After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?
Since China's regulation of banning the bitcoin exchanges in their country that results to the dumping of the price of Bitcoin just a few weeks after the big pump that happened last September, I bet that was the best time to buy bitcoin because that movement brings changes to the price making it low and it just simply means that it is much affordable to buy now that the price is low. So I bet, the best time to buy bitcoin is when the price is on red mark or on dump. |
|
|
|
Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
Possibly, yes I think Bitcoin is really the new era of currency because it is now in lined with the existence of the modern technology in which it is generated and operated. Bitcoin has been the updated and newly version of the traditional money we have because it is now can be easily accessed through online preference and you can always check your balance and how your bitcoin holdings behave depending on the price status. Yes. Actually in some countries, bitcoin was already used to purchase not just only foods but also all kind of stuffs that a real money can buy. |
|
|
|
|
**Successfully joined SalPay Signature Campaign**
|
|
|
|
Bitcoin is a very popular crypto coin today, we know that Bitcoin will be very expensive in the future but I imagine if Bitcoin die, whether there will be hope for the future of altcoin? because most altcoin exchanges are to bitcoins your opinion is highly appreciated. Possibly yes. There is a wide possibility that if ever bitcoin cryptocurrency will die, altcoin (alternative cryptocurrency) will die too because we can observe that bitcoin is on its peak right now so if bitcoin will die, it merely implies that cryptocurrency will not be on the high demand so altcoins will be affected on this scenario that can also result for those altcoins to die like bitcoin. |
|
|
|
|
Show Posts
