|
I can say that the rising of alternative coins are happening nowadays. But I can say that these will take much time still to cope with bitcoin's success. Bitcoin has done and still doing significant work to rise it's value again and again. For now, a lot of alternative coins are doing pretty well too. Ethereum is doing a great job in terms of value increase and a lot more are being discovered by the developers about making different alt coins that can earn pretty nice in the next years to come.
|
|
|
|
Bitcoin, for now, is not suitable to become a national currency of any country. Bitcoin's value is too volatile so a product or service will always change in price with respect to the price of Bitcoin. Also, a transaction fee is there with every transaction, this is not practical in using in a daily basis. It will be hard for the government to control the scenario. So if a country will make Bitcoin as its national currency then they have to regulate it first.
I would agree as well on this thought. For now, it can be difficult for a country to adopt bitcoin as their national currency. But there must be a possibility for sure in the future for this to happen. However this will undergo a lot of process and much acceptance from the government. It also varies on how each culture of one's country can go through it. But for now, this might be challenging. |
|
|
|
I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?
I strongly condemn the attempt of comparing bitcoin with drug and arms profit. Drugs and Arms dealers are the enemy of the society because they sell such a product which can ruin anyone's life. On the other hand bitcoin is truly a blessing to many people who are living a decent life and earning a decent income just because of bitcoin. Drugs and Arms are no match with bitcoin and should never be compared. It can however be compared with real estate investment because real estate investment is a legal one and doesn't really ruin anyone's life. Please don't compare or attach bitcoin with any negative things going forward. I could agree with this. As far as I know in terms of what bitcoin is, it helps a lot of people to gain more income by investing on it. However, many in this world can think of evil things on how they can use for them to profit even if it's bad. But if this has to be said that bitcoin has a higher profit than a drug dealer, weapon dealers, etc..I can say that these still earns faster than bitcoin. But what the good thing about bitcoin is it has a good future ahead because of the warm acceptance of people around the world. |
|
|
|
|
Satoshi Nakamoto is the unknown person or persons designed bitcoin and created it's reference information for the use of many of these days. The development of bitcoin was up until December 2010 for the reason of many could discover the use of it to public. As of today or for about seven years after December 2010, Bitcoin has gained it's success through this person or persons who created it.
|
|
|
|
government is already adapting and working with banks, there are some of them which are using blockchain technology to overcome probably bitcoin
i doubt it will stay there and watch bitcoin sucking its fiat(scam) currency
The adaption of the government from different parts of the world has been welcomed by many for a couple of years now. One example is Thailand have accepted bitcoin in their country as well Banko Sentral ng Pilipinas (BSP). There must be really huge impact to the economy of one's nation when bitcoin will be legalised by different nations. |
|
|
|
Hello everyone, recently there has been a lot of panic on this forum due to the big price change of Bitcoin (as it always happens). Understandably, many people are confused and worried as they have lost thousands in their value, especially if they have bought higher than the current price. But as someone who has been into Bitcoin for 1.5 years (not too long, I know) I want to advice to newcomers to simply relax. Huge price swing were always a part of Bitcoin, so there's nothing extraordinary here and the worst thing you can do is to make panic trades. Basically, there are two main approaches to Bitcoin trading - you either hodl it, meaning you never sell it until it reached "the moon", or you are actively trading it to get profit from volatility. So, if you believe in Bitcoin's technology and don't experience as a trader, I suggest you to not touch your coins - Bitcoin always tends to increase in its value in the long run.
I could definitely agree on this! Bitcoin has it's amazing potential to continuous gain it's value overtime. That is right that being relaxed on investing could be a good attitude to consider for we believe that bitcoin is a booming cryto currency. But ofcourse resources to be put on your bitcoin investment might be risky. But it is better to believe and wait for a better outcome. |
|
|
|
I was talking with a friend of mine about cryptocurrencies and he said: "Cryptocurrencies are anonymous?Nothing on the internet is anonymous.Having a bunch of dollars or euro in the pocket is the most anonymous way to store money.  " Damn,now i think that he is right and fiat money are still way more convenient ,despite all the inflation,banks monopoly and control.From my personal experiense 99% of the people refuse to believe in bitcoin and refuse to adopt it in their daily life.Any opinions? Well I think it is valid for a person to still think that fiat money are better than crytocurrency like bitcoin. Probably many of the people they know are not using bitcoin yet and haven't prove anything that bitcoin is useful for today's economy and consumption. It will be a lot helpful if people who use bitcoin will start to create awareness of it and how bitcoin can make an impact to our economy and on an individuals life. |
|
|
|
|
There are more males than females in bitcoin probably because man are more in techinical stuff than woman. Men can undesrtand better IT terms most especially how blockchain works. Women also can do bitcoin probably because of the opportunities it can give them like the earnings and learnings.
|
|
|
|
I believe its not unfair. Because the one who invested in it early doesn't know that Bitcoin will be this huge. People can still invest in bitcoin. Early adopters is just so very lucky or which we can say a very good investor and hold their coins for a very long time. They benefit most of it because the invested not just money but also a lot of time waiting
I also believe the same. Why early adopters feel unfair about bitcoin. Actually they have chosen the right thing to do in investing bitcoin early because they gained more money now more than ever because they've bought their bitcoin cheaper than now. The time also they have on it in investing bitcoin is also great because they might earning pretty better on it. |
|
|
|
|
Bitcoin has been performing for the past few months and years since it was created and launch in the public. It's dominance is again boosting from the other alternative coins because bitcoin has been credible to the masses more than ever. Also the mass is accepting bitcoin in different countries for their transactions like in Japan. Though bitcoin was banned to other countries, this crypto currency is fighting well because of the users who continuously believe in it.
|
|
|
|
|
Thankfully bitcoin has been an incredible way for people to gain more money or resources through investing, trading and etc. Everyone also wishes to have those million dollar worth of bitcoins in their hidden treasure box. Great to hear that there are indeed new people now getting rich because of the new crypto currency, BTC.
|
|
|
|
|
This is a good warning for everybody. Thanks for sharing this. I have been searching and knowing different altcoins little by little and this is a good information to keep.Just imagine, Ethereum has been working well on the mass now as the developers continuosusly develop them. However for new people who doesn't really know about Ethereum or bitcoin will be mislead. Nowadays people are really investing of different crypto currencies so it is hood to have information that will save others from fire.
|
|
|
|
Bitcoin is already legal in many countries, see Legality of bitcoin by country or territory for a list per country. Some countries officially recognize Bitcoin: Japan officially recognizes bitcoin and digital currencies as a "means of payment that is not a legal currency" Others declared it "not illegal": As of November 2016 declared, bitcoins are "not illegal" according to the Federal Tax Service of Russia I would agree in this. Bitcoin has been legal with money countries and has been widely spread even in the governments. However Japan has the first to recognize bitcoin as a good resource for payment and any transactions. I believe many more countries even in Asia will legalise it as the day comes. |
|
|
|
|
This may or may not happened. Cash may extinct for the reason of a lot of cryptocurrencies has been well adopted by the masses. Cash might be also not of real use during that time. Years may pass, bitcoin might make it's his history of it's own. Eventhough countries like Sweden have embraced bitcoin really well, the same will apply to different parts of the world.
|
|
|
|
|
Future of Bitcoin economics we can say indeed depends on the people who will adapat and accept it. However, there will be times that it will be challenged also by the people who are not familiar anout bitcoin yet. Like the governments from other countries, bitcoin is not really well embraced and there are still restrictions. But our hope is bitcoin economics will continuously flourish as the mass accept and share it will others.
|
|
|
|
|
For now it is easier to say that bitcoin can not replace fiat. Anytime this year and the next years to come, fiat will still be the mode of transaction for any business around the world. However, the greater opportunity comes along with bitcoin because this has been accepted by a lot of countries globally. We may not know Bitcoin will extremely be an amazing currency of all time 50 years from now.
|
|
|
|
for me smart people would be smart to strategize well but people who are not smart even though he can strategize, but people who are not smart will not have a strategy with good like smart people.
I couldn't agree for more about this. In dealing with money and or bitcoin, being smart is essential as well being strategic is important. Being a smart one would entails a person to strategise his or her action especially for example on how we can invest, trade and sell bitcoin. |
|
|
|
My experiences have been profitable! Bitcoin is changing everything about money and creating new players in the game. This is the time for new players in the game to emerge victorious  Yes, my bitcoin experience when I first started was cool. Tehre were times that I realy need to figure out how it works until I finally got the chance to see that Bitcoin works amazing for someone elses's money to be profitable. This digital currency has evolved and made invest and believe that technology is far beyond what we can think. |
|
|
|
I think we are just 30% percent but i hope in the future bitcoin will be popular in our country that we can advertise it in television.
Maybe in the near future will be in 40% if some banks accept bitcoins..
The future of bitcoin is bright but like what uou said, I also around that number bitcoin will increase it's popularity. That is almost 3 years from now. Maybe a year after this, much more people in the world will come to have vivid picture what bitcoin really is. Even in schools right now, bitcoin has been a trend because of the students word of mouth as well as the offices. Good job for the people who keeps on sharing what bitcoin crytocurrency is. |
|
|
|
Bitcoin is changing the way we live. Bitcoin is changing the way we do business. Bitcoin is changing the way we travel and save our assets. Bitcoin and blockchain technology has open new doors for people to do business with one another without the intervention of third parties. What do you make of this, huh? Share with us what you think. thanks  Agree with Bitcoin is changing the way we live for it affects on how we do business, how we tracel, how we save our assets and how it opens the door opportunity for others to do business. Before I came to know about bitcoin, the only way I know on how to earn is to work on a day job, invest on stocks, do buy and sell business and the normal ways other people do. But when I came to know about bitcoin, I learned how to transact everything on bitcoin wallet. It changed the way on how to use my resources as well. Bitcoin is now revolutionizing the way people holds their resources. |
|
|
|
|
Show Posts
