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As it seems that more and more when do I get rich, when do I sell and o shit we are going to crash topics pops out....maybe its not so a bad ideee to read something else.
In the first time since ever, you got the chance to have financial freedom and the power to break the invisible chain of slavery that you carry.
No war: As your shitty gov cant put you, your soon and your unborn grandson in debt and pay the guns. You even don’t need to go demonstrating that your again the war, you just simply say: I dont give my bitcoin for your war!
Play even: Gov A cant sanction Gov B just because Gov B people believes in another imaginary friend high in the sky. You cant block a bitcoin transaction.
No shady big corporates: You just dont lend them your bitcoin as banks do with your funds.
I am sure you can think about 100000000001 more other good think that can be done.
Bitcoin was not made to make you rich, its was created to make you free
They say: If dying for your freedom is not worth it, what does it? Well I say: If spending 10% of your income dont worth your financial freedom, what does it?
Let say you got 1000USD a month, convert just 100USD every month in bitcoin and spend it where ever you can. Just buy things using your bitcoin. Spend it, not sell it for fiat. Dont nag about high fees, (its not high anymore and just use segwit address, use android samurai wallet). Bitcoin gives the same advantage to some pour guy in a 3rd world as it give to wall street boys. You dont need to help unicef use bitcoin and you are directly helping the whole world at once, including your self. Use it, spend it, dont hodl or sell. Use it for what it is supposed to.
Bitcoin isnt a store of value or get rich thing.
Bitcoin is freedom Bitcon is no more war Bitcoin is no more debt Bitcoin is you in power!
Bitcoin is irreversible transactions Quick and cheap transactions No paper work means there is no I.d card Bitcoin is usefull ,valuable Bitcoin is a better options and the purposes such a digital transfer.
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Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.
Bitcoin has a big difference between other currency it is potentially the greatest social network of all Bitcoin is the first time in the history. receive,send any amount of money bitcoin is about anonymous transaction The ledger technology to streamline the world from bigbanks and stock exchange.
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COUNTRIES THAT BANNED BITCOIN Before we start to our topic this I want to tell that some of you might know about this but I just wanna share this to those who are not. Several people believe that bitcoin was a blessing and it was an opportunity for everyone but not everyone shares the sentiment. From central banks and other finance company, Bitcoin's list of detractors runs for a very long time and gone so deep.But most of the government around the world seeks for the regulation of bitcoin. Be due to fear,ignorance and protectionism, governments have a tendency to legislate against perceived threats.Countries such as japan protects its citizens to have free trade of the digital currency.But unfortunately not all countries embracing the change of our technology.In some cases citizens have had their assets seized,accounts got frozen and have been locked up, Government can't stop the blockchain from propagating, but they can stop their people in having access to it. STOP THE BITCOIN!! Like banning drugs,alcohol and other stuffs banning bitcoin sounds nonsensical and unforceable.That's the exact case in five countries: 1. Bangladesh2. Bolivia3. Ecuador4. Kyrgyzstan5. NepalIt was recently reported in https://news.bitcoin.com/bitcoin-illegal-in-nepal-police-arrest-seven-individuals-for-trading-operations/ that there were dozens of bitcoin and crypto enthusiasts get imprison seemingly guilty of little more than operating a small-scale bitcoin exchange. Meanwhile Ecuador has outlawed bitcoin, nit because they opposed this crypto but because they want to regulate and control it and tether it with the Ecuadorian dollar.An Electronic money designed to operate ad support monetary scheme dollarization.Completing the naughty list of countries that have banned bitcoin is Kyrgyzstan, a tiny landlocked state in Central Asia, And Bangladesh banned bitcoin, it was 2014 where Bangladesh bank stated that anyone that will be caught using such online currency could be jailed mostly because it's about "MONEY LAUNDERING".this was already an old news for updated list https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territoryso what do you think? will your country will ban the use of bitcoin? do you know other countries that ban the bitcoins? Please share it and tell to everyone There so many Country's that bitcoin is illegal Bolivia Equador Bangladesh Nepal Cambodia Kyrgyzstan Algeria Vietnam-legal to trade and hold but illegal as payment tool.
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The capitalization of bitcoin transactions reaches billions of dollars but governments of any country can not get revenues or income from these transactions and this makes governments in many countries complain of the existence of bitcoin because it is considered a threat to the economy of a country. Should tax apply to users who do bitcoin transactions? When are users comfortable with this situation? what is the right regulation to address these issues to help each country improve its economy?
Take payments in bitcoin you're creating a cash economy,it can't be monitored by the government A big part of of the early bitcoin adopters were people deeply worried about government.the early bitcoin adopters Were anarchist and libertarians that feared in Orwellian world.
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It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money.
People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
How is digital money is your country ?? Bitcoin is a part of digital money.
Bitcoin, or the other digital currencies that could serve as an alternative cash For some people that is the point of crypto currencies While Liberians and anarchist that feared on Orwellian world wher government Constantly monitored and controlled people.
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Hi All, Please help me understand in plain English how will we benefit from so many currencies? I see so many startups with decentralized blockchain ideas with their own crypto currency. Today I purchased oatmeal directly from a mill at their website. This mill sells its products thru grocers and other online stores as well. They probably gave 3% to the credit card company, which they could reduce by using blockchain. But if every store and every business starts creating their own currency, then I will have to go thru an exchange to convert BTC or ETH to that coin to make some purchase. Then we would need miners to process all those transactions in various coins. Why can't they just use ETH? Just like all IPOs use dollars. Thanks in advance
Block chain -is a digital ledger in any transactions made of bitcoin or other crypt I currencies Recorded chronologically and publicly.the other currencies that could serve as an alternative cash Thats the point of cryptocurrency.this the true of bitcoin is not the case with every other cryptocurrency.
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now a lot of new coins that appear, the price of its kind, there are cheap, and there are expensive, my question, whether this new coin will last long?
Bitcoin enables certain uses that are very unique possibilities that no currency allows The ability to spend a coin that only occurs the separates parties agree to spend the coin Bitcoin runaway with the coin itself.
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Why, until now, government all over the world still doesn't trust bitcoin?
A big part of the early adopters of bitcoin were people who are deeply worried about government Bitcoin can't be monitored by the government It is transparent to the blockchain.this is true of bitcoin.
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By plan i mean when do you plan to cash out. Is it when you have made enough to buy a car, a house maybe? or are you setting your sights higher?
Personally i'd just like to own my own home, after that i would just play with spare change.
My plan is hold and wait to the market rise when the price is high sell I buy all things for my family and of course my dream house,car,gadgets etc. I give my child anything,education,beautiful life and I teach him to bitcoin.
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China's three major virtual currencies trading platform Bitcoin China, Coin Network, OKCoin currency have announced that they will cease trading business, the Chinese regulatory authorities so resolute and beyond imagination. I would like to know why China prohibits bitcoin. What is the reason, who can tell me? This is the news link I saw before: http://www.myzaker.com/article/59bf055a9490cb703500002b/News; -the Chinese police seize 600 bitcoin mining computers over electricity theft. Consecure prepares costumer claim process for stolen bitcoin. -Taiwanese gangsters shoot bitcoin miner,who blames chinas crackdown. -one of the reports states that despite the official ban companies operating In chinas cryptocurrency exchange.
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👍👍 ~~~~ Recently, co-founder of Microsoft has stated on CNBC's "Squawk Box" : -" kind of a pure 'greater fool theory' type of investment" " I agree I would short it if there was an easy way to do it," Gates replied. -Gates also added that someone once gave him some bitcoin for his birthday, but he sold it a few years afterward - " As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment, "Gates said on CNBC's" Squawk Box. " His statements made on CNBC turn out to be the truth according to financial research firm Autonomous Next. The firm said that Bitcoin price has an impressive rise from $2000 to $19,000 in mid –December but then lost more than half of its value and it was trading near $9,300 recently. Therefore, trading Bitcoin or any others cryptocurrency in long-term doesn’t seem to be a good ideal. Like many critics of the increase in Crypto value, Gates did say the underlying blockchain technology had its merits. It seems that Bill Gates is supporting the development of the blockchain but not so much for Bitcoin and digital currency. He even wants to shoot them if it’s possible. What do you think? RTCKingMobileAnd bill gates say's... Bitcoin is mostly about anonymous transactions,I don't think overtime that's a good way to go Im a huge believe in digital currency...but doing it on an anonymous basis I think that leads To some abuses,so I'm not involved in bitcoin.
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I would say hackers are everywhere and they can not stop running the crypto currencies because they know very it's anonymous nature is leading factor for them. They kind of get extra layer of protection. Anyway with some research they can be caught.
About the precautions . .
1. You should store your tokens and/or coins in the wallet for which you hold the private keys. 2. Obviously store these private keys in safe place and I would suggest that you should save them in the offline password manager. 3. Never ever go to link of your wallet from different websites, chats etc. Always bookmark your wallet website link. 4. Using the hardware wallet is advisable but looking at the cost you may prefer focusing on the first three points. 5. Storing the tokens on exchanger is worst idea. Hence follow the rules 1, 2 & 3. 5. Do not use public internet and I am pretty sure if you access wallets like that then you will loose your money.
That's all I know and I follow.
Yeah you are right...the online bitcoin wallets is have a chance for hackers Bitcoin is impossible to steal... only require more effort of it. In cyber security report cryptojacking remains in acute threat in 2018
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hi .. . China will become super power in few years !! sure First reason is that they are creating everything expect only one thing .. .and the thing is Medical products .. not medical instruments ... but they are working on them too they will manufacture them too .. !! and GuyZZZ ? you know ? why china is not raising there currency price ? ? ? Think .. !! will reveal. The voice of China reports state that on September 2017 seven ministries and commisions of the central bank Issued the announcement on preventing the risk of issuance of coinage offerings,requiring that any institution Not engage in the interaction between legal currency,tokens,and virtual currency One of the reports states that despite the official ban,companies operating in the cryptocurrency.
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Anyone in the bitcoin ATM business??
Yes of course,master card keeps options open on cryptocurrencies the card company "Happy to look at"the use of digital currencies bitcoin Is issued by the central banks.
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Hey guyz I am complete noob in crypto. I need to know what is a blockchain? How to use it and what if it goes offline? What affects it will occur on bitcoin.
I have tried understanding it but it looks very complex There may be a simpler way to understand it guys
Thanks for the help
Block-chain Is a digital ledger in any transactions are made of bitcoin or the other currency,recorded chronologically and publicly The blockchain,originally block-chain is continuously the list of records,called blocks.
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The government and banks are fear in cryptocurrency.late last year China,the country known as strictest capital in the world Outlawing crypto currency,blocked citizens from trading ,crypto banning.
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My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace. I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts? I am asking this because I intend to become rich in 4 or 5 weeks Bitcoin is mostly about the anonymous transactions,and is transformative in which any body can now send and receive any amount of money With anyone else without having permission from any banks or government Bitcoin will make a dent society when more normal transactions.
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I have seen some news regarding hackers, terrorists, and other criminals using bitcoin for illegal trades. How the police can find about these transactions? Even if is hard to track illegal transactions, I don't think that Bitcoin can be a danger to society, since the problem is the society and its people. Since the beginning of the internet this is happening ( the bad people committing crimes) and no one is willing to shutdown internet because of that, so in that matters Bitcoin should be equivalent. I think those illegal transaction are one of the reasons some governments and the media are trying to depreciate bitcoin, but the problem is not Crypto/blockchain or Bitcoin, is just the society.
The Dubai police arrest suspects behind $1.9 million bitcoin heist. The Chinese police seize 600 bitcoin mining computers over electricity theft. Bigbitcoin heist suspect escapes prison in Iceland flees to sweden. Crypto scammers face 21 years in prison,warns Philippines regulator.
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mon·ey (noun)
- a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively. ---
cur·ren·cy read as ˈkərənsē (noun)
-a system of money in general use in a particular country.
So, is bitcoin money or currency?
For me is the same.bitcoin is the regulation of money supply and the blockchain concept Was pioneered within the context of cryptocurrency.bitcoin otherways for distributed ledger The technology that streamline the world.stock exchanges and bigbanks.
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When the internet was first came out there was a lot of big discussion about it. Its rubbish, it'll never work, its brilliant its going to change everything, its just a fad etc. Then one day we all started using it like it had been there all our lives. And now we can't imagine living without it.
Bitcoin and blockchain is seems to be following the same route. There's so much big discussion about cryptocurrencies but with scaling issues looking light they might be solved (with some currencies) and new blockchain platforms coming into the market could it be as early as next year when the big discussions cease and we all use the technology likes its always been there?
Today I bought something in a London market and said to the store holder you should take bitcoin and she said, 'yes it could be the future of money'. Then I bumped into someone I know and they said exactly the same thing after I mentioned something about bitcoin. This is a significant change in tone because even 4 months ago people usually said, its scam, its a bubble, be careful, I wouldn't invest in that etc.
Bitcoin actually is an exploit against the network complexity Not the financial networks,or computer networks,or social networks He network themselves.just like the internet,bitcoin is changing the way people To interact.The scammers or the theft is on the internet theresome chance That the currency could be stolen.
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