To the best of my knowledge, Bitcoin has not been made illegal by legislation in most jurisdictions. However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies. Other jurisdictions (such as Thailand) may limit the licensing of certain entities such as Bitcoin exchanges.
Regulators from various jurisdictions are taking steps to provide individuals and businesses with rules on how to integrate this new technology with the formal, regulated financial system.
But have you come to think of it... Whether Bitcoin can be used for illegal Activities...
What are some ways you think it can be used for? (illegal Activities) mention some.
Of course, the bitcoin is being used for illegal activities online. But doing illegal activities with bitcoin does not make bitcoin illegal at all because bitcoin is being used for good too. Criminals are using good coins and diamonds in the past to pay for their malicious activities yet bitcoin join the race. They can buy whatever they want from hard drugs to unlicensed firearms to a nuclear warhead. who cares, anyway? But don't forget people are still buying stuff like cars, houses, yachts, and so on with bitcoins. |
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You should definitely invest in bitcoin cause the blockchain technology is a little bit deeper and more complex. bitcoin is a currency and also a digital store of value such as gold, while blockchain is a technology for the future.
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Every one has a story to tell so share your bitcoin story for us to learn from. Either good or bad.
For me, my story is good because I invested few thousands of dollar on Genesis mining for buying a lifetime bitcoin mining contract around March 2017. It is only one year but I made my initial investment and every penny I make from now is on profit. Looking forward to investing in more mining contracts in the future. |
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The time to buy bitcoin is when the price of bitcoin fall, so that people can buy it cheap and sell it high when the time comes. The bitcoin price grows by going up and down, there is something that is called the price fluctuations. When the bitcoin price goes down is time to buy and also when the bitcoin price rise again to another level then that is the time to sell for profit.
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I am a total newbie to this forum and don't know very much about crypto currencies.
What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?
I think the major factors that are affecting bitcoin and any other cryptocurrency is demand and supply. the demand for a certain coin will determine its true value. The second thing is market speculation and FUD, FUD plays a significant role in pumping or dumping a coin in the market. |
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I think people should invest now in bitcoin now because the bitcoin is currently selling below $9000 and there is a chance bitcoin price will grow to reach $30k or $40k in this year 2018. The best way for making a profit from crypto is buying low and selling high when the price of bitcoin gets another level.
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I personally spent more time on bitcoin more than any other bitcoin site online. In fact, when I joined the BitcoinTalk, I stopped using the Facebook, Twitter, and Instagram. Before joining the BitcoinTalk I used to spend all my day chatting with my friends and commenting on their posts on social media.
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I want to know more about BTC but don't know where to start. Can you help me with this?
You have come to the right place to learn about bitcoin. You may also go to bitcoin.org/en/faq to learn about bitcoin concept, ideology, and terminologies. To buy your first bitcoin you should go to coinbase.com or indacoin.com to buy your bitcoin. If you want to spend your bitcoin, you may go to purse.io to buy stuff on Amazon. |
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As per we can see the interest in bitcoin of people is increasing at a high rate...I believe it will be our future...but will the shoppingsites like flipkar, amazon be able to accept bitcoins? may be in the next generation.......thanz fr reading
There is no doubt there is a massive increase in bitcoin popularity over the last 2 years and the bitcoin actually went supersonic last year 2017. If you want to buy anything with bitcoin on Amazon there are certain ways to do it. Basically, just go to Purse.io with their service you can buy anything you like on Amazon with 15% discount because of using their service. |
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Bitcoin is just beginning to change our life, economy, running our business. I think in the near future everything will turn around very abruptly. many people have already made life easier. So the future is behind bitcoin.
Bitcoin has changed how the world views currency and has redefined it for us. Currency is no longer something we can just buy and sell with anymore, it is now something we can invest in and make money from. Bitcoin is more than just a currency rather a revolution that is changing the world for good. The bitcoin is changing the money as we know it from physical paper money called fiat to complete digital currency. The money is no longer issued or controlled by our respective governments rather individuals across the globe. |
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why I got 'not enough posts' on the signature spreadsheet? why is the signature spreadsheet is not updated up to now? Leaving Hero signature campaign today.
Why 'not enough posts' Signature Spreadsheet #215 @ColorlessK - Fix the error, please. thanks |
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
The offline wallet is also known as 'hardware wallet' such as ledger or trezor wallet The hardware wallet is known as the best and most secure bitcoin and altcoins wallet cause they offline and the private key is saved within the wallet. |
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Bitcoin is not dead lol. The price is getting low but bitcoin will not die quickly we can recover it in somehow. Many people thought bitcoin is secretly dying I just wanted to say that its wrong Bitcoin will back soon to higher value.
it is always recovered in every time we are seeing a down of the price and we only need to wait the price is back. I don't think that bitcoin dies before bitcoin could reach all people in all country because I think there still many people don't know about bitcoin and we need to introduce bitcoin to them. so for now, I think the price is in the right way to reach a higher price and we hope that in this year, we can break the highest price for bitcoin and altcoin. One thing I love must about bitcoin is that the bitcoin price recovers all the time. The only thing that we can say is time varies from one bitcoin recovery to another, but it recovers all the time. Whenever you see a bitcoin price dip there must be a price pump on the way as well, it only a matter of time. it is the game of buying low and selling high, you should always remember that. |
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Bitcoin serves as a payment system for the people including the homeless. they can also use bitcoin QR code to accept payments just like everybody else. Bitcoin was invented to change how people use and accept money for good and the future of mankind. I believe in a few years from now the paper money will be replaced by bitcoin and other cryptos, and together they will revolutionize everything financially.
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I saw the bad news about the bitcoin  , I feel unhappy because I'm going to invest into bitcoin  . Whether it booms again or continues down to death. Should I start with $450 now? If it's possible, please tell me where to begin. My colleagues advise me to use ETH, but i just found another name Nextycoin. The Nextyplatform seems to new, i wonder it will lead more oppoturnities, by contrast, ETH's old and likely to more reliable.  Which one should I choose? Anyone gives me some info. about them or other names, pls. Thanks  I think you should choose ETH, as it is already stable, it price grew up, it proved that it works. So I think that it is less risky. Bitcoin is always better than ethereum in terms of making an investment. Ethereum is just another giant altcoin while the bitcoin is the king the cryptocurrency market. Once the bitcoin is affected by something such as correction or massive sell-off the ethereum will follow and the whole market will be affected too. If you are afraid bitcoin is going to die soon, after bitcoin which coin is the next? you tell me. Always go with bitcoin, heck - I don't even trust ethereum. |
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Well coded
Wide acceptance
King of cryptocurrency
Less risky than altcoin
The most trusted cryptocurrency
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No government in the world can ban bitcoin completely because bitcoin uses the peer-to-peer technology just like BitTorrent client. Bitcoin is decentralized which makes it impossible to ban bitcoin. If you take for example China they ban bitcoin in the country but Chinese people are still using bitcoin by simply using the VPN Client.
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bitcoin will rule the world of digital currency one day
it will be peoples first choice for online payments
and you will feel proud to be a part of bitcoin community
Indeed, the bitcoin is currently the king of cryptocurrency with over 44% of the total market dominance. The bitcoin market dominance reached up to 65% last December but due to the market fluctuations it went down to 31% and yet started recovering slowly, it is today at 44% of the cryptocurrency total market capitalization. |
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I read an article a couple of days ago, in which a guy was saying that he things bitcoin will reach 100.000 $ by the end of 2018.
What do you guys think?
I'd appreciate pertinent and/or fact based opinions.
Thanks!
What?  I think this may be happen. 100.000$ is not high for bitcoin because he is crypto king now  need buy few bitcoin now I also believe bitcoin can reach $100,000 mark as the new bitcoin price all-time high record before the end of this year 2018. The bitcoin was selling at $3,000+ in September 2017 and after only 3 months - BOOM! the bitcoin was selling at around $20,000 - December 17, 2017. We are currently still in the first quarter of 2018, there is a long way to go in 2018 and we are expecting many amazing things to happen with bitcoin this year 2018, Amen! |
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We need bitcoin because is a peer-to-peer electronic currency that is anonymous, fast, and decentralized. Bitcoin transactions are instant and more cheaper compared to the traditional banking system. Bitcoin also offers privacy and freedom to people where everyone can take full control over their money.
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