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November 21, 2018, 07:18:51 AM *
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1041  Bitcoin / Bitcoin Discussion / Re: What is the future of Bitcoin? on: December 31, 2017, 03:41:09 PM
It hasn't reached its top level of popularity even in media, in fact it is still continue to grow without any exact period when can it reach the popularity in the way that it is not only known as the main currency in the internet but also it is globally popular that almost there are few people that doesn't know its existence especially for poor countries. The future of Bitcoin is really obvious that it will be expensive for the common currencies because it is gaining a lot of investors but aside from that it will develop more. Maybe its name could also change in the future but it still known as Bitcoin, just in different name.
1042  Economy / Economics / Re: What will happen if the government know bitcoin in your country? on: December 29, 2017, 12:00:35 PM
I think it would be better to ask what would government do after they learned about the Bitcoin or cryptocurrencies in their respective countries because I think most of the governments or all of the governments around the country are already aware of it. If they learned about how Bitcoin works as for its unstable price, then I think they will start and attempt to take control of its price but since it is a decentralized currency then I doubt it will happen. All of the things they can or might do is ban it causing people to use vpn to continue using BTC.
1043  Bitcoin / Bitcoin Discussion / Re: How Bitcoin is better than other coins? on: December 29, 2017, 11:43:38 AM
It has slow transactions and the fees are high, and it is the cryptocurrency frontier.

What do you think will realistically will take Bitcoins nr1 spot in the future? Bitcoin Cash maybe?  Huh


It has slow transactions and high fees but its price is what made it paid off. Fees were normally going high due to many blocks of Bitcoin being mined, where in the future is where the miners will get profits from aside from the blocks they mined.  In the future, "if bitcoin will really be defeated by some other coins", then I personally think it might be ethereum. The tokens exchanged in the alt coin market were transferred mostly to ETH. In popularity, I think ETH will replace "if bitcoin goes down".
1044  Economy / Economics / Re: Do you think the Xmas and Holiday season, caused the drop in the price? on: December 28, 2017, 11:58:45 AM
I personally think that the current season made it dropped the price. It might due to socio-cultural factors of some country that they give out money to their relatives as a gift for christmas. Maybe there were a lot of people starting to withdraw all their earnings or selling their Bitcoins because the price before was really high that it almost hit 20k USD.
1045  Economy / Economics / Re: 2017 Was Bitcoin's Year. 2018 Will Be ....... on: December 28, 2017, 11:51:47 AM
I still choose Bitcoin. It is just a new ride to a higher price. There will be more investors arriving at this year, due to them finding profitable investments and this is one of the stocks that is worth investing for due to its unstable price. Just as long, its price keeps moving up and down there will be profits then there goes the buyers when the price went down.
1046  Bitcoin / Bitcoin Discussion / Re: One currency One world? on: December 28, 2017, 02:42:28 AM
Well I believe it can be the primary currency around the world but it might take a long time before that happens. There are still a lot of things needed to be done in the economy before that happens. The number one problem in the economy needed to be solved is the poverty. How can every poor people use technology like this if they can't afford to get one? It might promote poverty even more, if Bitcoin suddenly becomes the number one currency. Not every people have internet also is one of the factor that resides with poverty.
1047  Bitcoin / Bitcoin Discussion / Re: Can bitcoin be more profitable in the upcoming years? on: December 28, 2017, 01:36:42 AM
Yes, I'll be optimistic that Bitcoin will be more profitable in the upcoming years. The factor that made it less profitable at this exact month is due to a lot of sellers cashing out all of their earnings for Christmas. In general, it is because of the holidays or season. Let's take this opportunity also to buy bitcoins because the price in the market dropped recently. There is no doubt that when the upcoming year starts, it's price will go skyrocket as the year goes. It is another ride to 20k USD
1048  Bitcoin / Bitcoin Discussion / Re: How foolish are people who invest in Bitcoin? on: December 28, 2017, 01:28:14 AM
Me investing in Bitcoin doesn't make me think I'm a fool. I'm willing to take the risk that I might get either losses or profit at the end of the day. They always say in investment that "invest the amount you're worth to lose". When you said "the market has reached its peak", I apology but I don't truly agree with you at that point. Imagine how many investors yet were here when the Bitcoin price started to rise up. It is not quite many and it is also not quite less, due to the fact that not the whole world already knows the Bitcoin yet. Let's say that every people in the world invested in here, let's see how much its price can reach.
1049  Economy / Economics / Re: Bitcoin as a leading currency? on: December 26, 2017, 03:11:51 PM
A competition in the economy must be considered when we're making the assumption of Bitcoin that will lead the future trading currencies. In fact that this month isn't that a good month for sellers, how much more could it impact in the presumed reality that it will lead the currencies. It should prove first its competency not just in its price but also in its market characteristics. Will it be reliable as the primary global currency in imports and exports in all of the countries? In general, it needs development.
Yes we can say that Bitcoin is a leading currency because it is the top most cryptocurrency today and all the other cryptocurrencies and altcoins are regulated with respect to it.In the last 8 years it has attained a new height and has gained a lot of popularity from the people.More and more people are investing in Bitcoin so as to earn more profits in a short period of time.The signature campaigns also give us decent payments weekly.In signature campaigns you are paid according to your rank.So higher the rank more will be the payment.It is a time of digitisation so everyone wants to know about Bitcoins and use it.
I agree, bitcoin is undoubtedly the leading cryptocurrency, for this short time it was able to grow very much and gain immense popularity...I don't know any other currency that is so strong as bitcoin


I see and I truly agree with your point. You're pointing that it reduces unemployment that could provide its strength or power to invite more users. I might have missed that point since I was really focused in general, my apology. But yes, it can really dominate at all currencies. Its history and its growth since the origin prove quite enough that it can lead. It is always the good time to introduce Bitcoin to other people around the world where it can build up opportunities, not just for the unemployed but it can also build opportunities to all investors finding their own investments.
1050  Bitcoin / Bitcoin Discussion / Re: Bitcoin fever on: December 26, 2017, 03:02:39 PM
They can sort of "hear it" but do they really "know" it. Like me personally, I didn't care that much in Bitcoin because on my first thoughts it is just a coin and nothing special. I found it out its true nature later on. Many people might be aware of Bitcoin but they're aren't really giving that much importance into it. We can call this Bitcoin rush, if there is a rapid increase of users using Bitcoin right now or even learning it right now, but as of this current period, it isn't that much really known yet. It can be brought up in news, but it is like once in a lifetime to be discussed (according to my own observation in daily news).
1051  Other / Off-topic / Re: Can Bitcoin be ban? on: December 26, 2017, 02:58:09 PM
If Bitcoin unfairly dominates the currency of a country then it government might put an action into it such as banning it, but that is way too much. Some countries ban bitcoin due to simple reasons that their local banks are being depreciated due to many users using a decentralized currency, however if banks will try to go with the flow in the cryptos then banning might not be an issue for that. It is just the government themselves tries to control of the profits of the investors in their countries. They're trying to push away the investors of cryptocurrencies in their country.
1052  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to childrens? ??? on: December 25, 2017, 03:20:06 PM
Children won't really enjoy when you try to explain to them the nature of Bitcoin and the economy. It will just prove boring or just a waste of your time. However since children really love "colorful" things, it is suggested to make an interactive video or a creative animation that will help them enjoy and learn the basics of not only Bitcoin but also money while they're still young. Simplify every concepts or points in the video like "Coin A and Coin B is equals to x" and not directly "Bitcoin is a money in the internet" or anything that will confuse them.
1053  Economy / Economics / Re: What would benefit bitcoin more? on: December 25, 2017, 03:11:30 PM
I chose worldwide school presentations, because I'm putting up the current condition of people living in technologies today. Me, as part of the millenials, believes that through school programs is where the Bitcoin growth will benefit. The people before millenials still uses technologies but doesn't give much importance into it. Now if school worldwide will start to promote Bitcoins for children and teenagers then there is no doubt that it will gain so much popularity and investors around the world due to the fact that technology is what many millenials embrace now on. It will suit our needs in our finance.
1054  Economy / Speculation / Re: Bitcoin will either go to $8000 or $20000. on: December 25, 2017, 02:22:16 AM
It will continue its journey to 20k, like right now it starts to slowly recover due to hoard from its fall of price. It has no reason to continue dipping to 8000 unless there is a major crash or everyone starts to panic sell. When this year starts everyone will start buying as their strategy in investments. It just made its correction this month and many sold their Bitcoins as their Christmas income, so the price made its fall.
1055  Economy / Economics / Re: When will more retailers accept Bitcoin on: December 25, 2017, 01:47:47 AM
Japan never fails to disappoint my sense of expectation. In technology, Japan always gain the competitive advantage globally especially for technologies. Japan should continue to do this. Of course, this is a really great news for all of us Bitcoin users. If this continues to go on, then there is no doubt that we can use Bitcoin already like a fiat money to buy goods in the market.
1056  Economy / Economics / Re: Bitcoin's price is getting low on: December 25, 2017, 01:13:47 AM
It can be because of other investors investing at the alt coins, causing of less people buying Bitcoins that will not reach its demand for the price to get higher. There can be also those sellers that starts to cash out all of their savings or long-term investments due to ending of the year. Because of the rapid downfall of the price, it also causes panic-selling that no longer equates the hoarding of bitcoins. Consider the season also as part of its downfall of price.
1057  Economy / Economics / Re: Can cryptocurrencies make physical money disappear? on: December 25, 2017, 12:58:49 AM
There is less possibility that it might replace physical money, due to changes needed by the market to adopt the crypto technologies. Buyers and consumers are already used to paying fiat money, so making change of it might cause a bit of a conflict especially for those countries that doesn't use technologies like rural areas. The nearest element that makes crypto a threat is those credit/debit cards that is widely known to be used online. If crypto starts to invade the online shopping, then I personally think it will the most used cryptocurrency now in the internet.
1058  Economy / Economics / Re: what is the future of Bitcoin ? on: December 24, 2017, 03:00:37 PM
In my opinion, the future of the Bitcoin is that it will continue to rise up in its price due to a lot of investors all around the world. In the market, it will be now accepted as a payment method but I don't see how all countries can adopt to technologies especially to the countries that have poor economy. I can foresee that government will try to impose taxes into it in the way that they're trying to gain full control in a decentralized currency. Miners, after they mined all the bitcoins, will earn from the transactions made by the users of Bitcoin.
1059  Bitcoin / Bitcoin Discussion / Re: Optimistic for 2018? on: December 24, 2017, 02:51:40 PM
I could say that 8/10. The major price fall it went into this month was really a bad month for sellers that expects a profit from their investments. However this could also prove opportunity to price hike, due to many buyers investing in Bitcoin. As always, it will be the law of supply and demand although it doesn't fully speculate the price it might go into but it can help. This coming year could be the start of recovery of the price of Bitcoin, therefore it will be a really happy new year for those investors that made a long-term investment.
1060  Economy / Economics / Re: Bitcoin as a leading currency? on: December 24, 2017, 02:39:29 PM
A competition in the economy must be considered when we're making the assumption of Bitcoin that will lead the future trading currencies. In fact that this month isn't that a good month for sellers, how much more could it impact in the presumed reality that it will lead the currencies. It should prove first its competency not just in its price but also in its market characteristics. Will it be reliable as the primary global currency in imports and exports in all of the countries? In general, it needs development.
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