1101
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Bitcoin / Bitcoin Discussion / Re: Will bitcoin ever stop depending on fiat currency?
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on: August 23, 2018, 05:32:25 PM
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If you say bitcoin will ever stop depending on faint then you are a liar because even thou bitcoin become the world universal currency we will still need faint to own bitcoin since it a store of value it must be acquire by faint no matter what and even the government own faint which will for ever remains the dominant currency. So at that bitcoin will depends on faint to survive in the exchange market.
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1102
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Economy / Speculation / Re: What are the opinions on bitcoin’s future
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on: August 23, 2018, 05:29:12 PM
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Due to the high volatility in the bitcoin market and price which is as a result is it dependent on the economic law of demands and supply it very difficult to say accurately what will happen in the bitcoin price in future, if we must say with the adaptation of bitcoin by many I believe bitcoin in the near future will rise, but to give an exact price now is impossible. Bitcoin has suffered a lot in this year 2018 but we hopping for a better future for bitcoin.
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1103
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Bitcoin / Bitcoin Discussion / Re: Which country trades the most bitcoin
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on: August 23, 2018, 03:27:48 PM
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Searching the web, looking for bitcoin news, I found an interesting infographic that shows "Which country trades the most bitcoin". The first 3 countries were predictable, but Venezuela? I would never guess. Quated for the picture. It's because localbitcoins reports the price in usd at the official rate bolivar/usd. In reality, the volume far is smaller Switching the chart from BTC to bolivars you will see the difference. Besides, that's data only for lcoabitcoins, most people in the EU and US don't use local bitcoins but exchanges...to which Venezuelans have no access. I still believe that China have the highest bitcoin trading history due to the fact that the region have been recorded to house the world highest bitcoin mining farm and not only that they ability to have access to high technical knowledge have also aides them to have the toping record of bitcoin trading, but some other countries like the U S also have high record of bitcoin trading.
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1104
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Bitcoin / Bitcoin Discussion / Re: I bought bitcoin at $20k last year
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on: August 23, 2018, 03:11:15 PM
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Soory for the lost of tour bitcoin to scam through ponzi and also for buying bitcoin when the price was high $20000 and seeing the current price of bitcoin seating at $6+k, but there is a simple logic you must understand. You never lose you 20k invested in bitcoin until you decides to sake at the current price so I will advice you to keep holding and wait for the price of bitcoin to rise.
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1105
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Bitcoin / Bitcoin Discussion / Re: Can you wait to prove them wrong about Bitcoin?
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on: August 21, 2018, 09:54:58 PM
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Yes of course in a short period from now all those who have spoken negatively about bitcoin calling it all suite of names ranging from bitcoin being a bubble, a scam and also ponzi will come to realize that bitcoin is waer more then that bitcoin is an economic tool that has come to liberate us from the financial bondage of the traditional financial system of the world.
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1106
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Bitcoin / Bitcoin Discussion / Re: Samsung is going to accept Bitcoin
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on: August 21, 2018, 09:30:47 PM
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This is a great new for a technology giant like Samsung to start accepting bitcoin for payments on their product this will further strengthen the bitcoin market because it will rase more awareness of bitcoin being flexible and secured and at the same time help the Samsung as a company to increase and boost their market since their goods can be paid for in a more faster and secured platform such as bitcoin.
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1107
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Bitcoin / Bitcoin Discussion / Re: We need to change
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on: August 21, 2018, 09:12:59 PM
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There are few people in crypto that really understand the point you are trying to bring out that is the daily use of cryptocurrency for buying and selling of goods as it has to do with our daily consumption, but most other have seen cryptocurrency as an avenue to get rich quick in that cause they are obsessed with the current happening in the price of the market. Bitcoin most especially have help me a lot e.g my understanding of online transactions have increase all to my knowledge of bitcoin.
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1108
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Bitcoin / Bitcoin Discussion / Re: Bitcoin will be stronger this time
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on: August 21, 2018, 09:04:35 PM
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Thanks for rebuilding the hope of investors but to some extent your analysis is right about the relatively stable market of the cryptocurrency and bitcoin in particular in this year 2018, because if you take into account the event that have outplayed in the bitcoin market in the past you will know the high volatility in 2013 then 2018.
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1109
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Bitcoin / Bitcoin Discussion / Re: WARREN BUFFET says Bitcoin won't end well
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on: August 19, 2018, 06:43:25 AM
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Well every man is entitled to his own opinion and at that Warren Buffet is one out of many who have come out openly to make negative statements about bitcoin and cryptocurrency that is will not end well, but the fact still remains that no one can rightly predict the future of cryptocurrency since it is decentralized and answers to the farces of demand and supply.
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1110
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Alternate cryptocurrencies / Altcoin Discussion / Re: Is bitcoin fever coming back?
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on: August 19, 2018, 06:36:11 AM
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I partly agree with that the down turn in price of bitcoin was as a result of the response it get from the investors who became so use to the rise in the late 2017 and not minding their activities there by selling off they assets in other to cash out gain, and since the bitcoin market operate on the law of demand and supply with the high level of selling and very low level of buying the price crashed and that has continue until date.
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1111
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Economy / Economics / Re: LIFE GOES ON.
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on: August 18, 2018, 05:40:46 PM
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You are right what ever happen life goes on because if you always think about the price of the market it can really be disheartening and at that we should understand the volatility of the bitcoin and the cryptocurrency market as it operate on the blockchain technology with total flow of market.
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1112
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Bitcoin / Bitcoin Discussion / Re: Lost Bitcoins
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on: August 18, 2018, 05:37:19 PM
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I don't want to jump into conclusion but I think you are trolling because for you to be involved in bitcoin as far back as 2009 you should have rase this alarm long before now, but if your report is any thing to go by I will say you are still in the best position to help your self.
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1115
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Bitcoin / Bitcoin Discussion / Re: Reasons behind Bitcoin/Cryptomarket fall???
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on: August 17, 2018, 05:45:51 PM
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The reason is simple the price fall is as a result of the low demands for cryptocurrency because the crypto market operate on demands and supply so once the demands are affected the price change will follow and due to this volatility nature the bitcoin and the whole cryptocurrency is depending on demands.
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1116
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Bitcoin / Bitcoin Discussion / Re: The Future Of Crypto Market Without Bitcoin?
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on: August 17, 2018, 05:42:56 PM
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Bitcoin is the king of all cryptocurrency and as the mother coin all other cryptocurrencies depends on bitcoin in terms of price control and movement, bitcoin is the controlling force of all other tokens in the crypto currency world and at that once bitcoin increase in price all other coins flow suit.
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1117
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Bitcoin / Bitcoin Discussion / Re: Bitcoin can be a national treasure.
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on: August 17, 2018, 05:37:55 PM
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Bitcoin is the digital gold and the 21st century revolution in the world financial system and at that bitcoin is a great treasure because it provide the people with the chance to have a total control of they financial life and also the position of bitcoin serving as a secondary currency to the people.
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1118
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Bitcoin / Bitcoin Discussion / Re: Bitcoin online payments
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on: August 17, 2018, 05:31:43 PM
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Well that will happened but it will still take time because the bitcoin network is still new and yet to be accepted by the general public and at that YouTube and the rest are yet to come to the familiarization of how fast it could become if bitcoin is use to pay they clients.
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1120
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Bitcoin / Bitcoin Discussion / Re: Bitcoin Song Released
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on: August 17, 2018, 05:22:14 PM
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This is a very good development to have bitcoin song being realized because it shows that even the entertainment industry are also promoting the use of bitcoin and at that it will rase more awareness about the presence of bitcoin.
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