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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Future? on: July 03, 2021, 09:46:02 AM
Because from time to time/from the past until now the role of bitcoin has managed to grow rapidly until its popularity is increasing.. of course this will be one of the things in the future that will be better known until more and more people are involved with bitcoin in many endeavors/ventures to transactions.
Precisely from the advantages of its characteristics, it is worthy of filling the future so that it can be developed human life in the economic field, and I think all countries will be more familiar with bitcoin as an alternative currency, assets, and other projects as income.
true as you said my friend, the development of bitcoin is very fast, bitcoin has a very bright future, it is likely that bitcoin in the future will have a major influence on the world economy, considering that there are several countries that have legalized bitcoin, and there are also countries that have legalized bitcoin. designed bitcoin as a legal tender.
Yes, friends, maybe we didn’t expect Bitcoin to become the country’s legal tender one day when El Salvador did not pass the bill. This trend is attracting more countries to join the Bitcoin camp. Bitcoin is the world’s The development trend, and blockchain technology can indeed be applied in real life. I believe that in the future, people will come up with better management measures for Bitcoin to promote the development of Bitcoin and blockchain, instead of prohibiting follow-up Limit the use of Bitcoin.
2  Other / Beginners & Help / Re: Please motivate me! How to get high rank? on: July 03, 2021, 09:10:51 AM
His post history is mainly about merits and ranking up. Doesn't want to follow advice and simply keep asking elsewhere.

Like come on... he won't even bother responding here as long as the replies are not favorable to him.


If he just wants to get merits very easily here, it is difficult. He needs to work hard to learn the high-quality posts in the forum and the rules of posting posts, instead of just looking for a shortcut to quickly gain merits like this. It’s impossible. Only sincere answers and high-quality posts can attract others to give you merit. I’m also a newcomer, but I didn’t think about coming to the forum just to get a higher ranking, but Attracted by the posts in the forum, I can learn more about encryption here, and I also have the support and guidance of some elderly people. I am very grateful to every manager of the forum who paid.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: What happen if US ban cryptocurrencies? on: July 03, 2021, 08:43:49 AM
I think the United States will not ban Bitcoin. If it does so, it may have a big impact on the market. Before, the United States had a very friendly attitude towards cryptocurrency, and there are also many companies in the country that are involved in cryptocurrency, coming to the United States. It is also a business opportunity, and it also brings a lot of benefits to the United States. Some capital in the United States hopes to harvest wealth through Bitcoin, but they are worried that the development of Bitcoin will be out of control.

What Bitcoin needs most now is time. As long as there is enough time, an unbreakable alliance of interests can be established. But before that, if the attitude of the United States changes, then Bitcoin may collapse in an instant. Some people may doubt the ability of the United States. Think about how many allies the United States has. It is likely that they will advance and retreat together on the issue of Bitcoin.
4  Other / Beginners & Help / Re: If your country does not allow the use of Bitcoin, what would you do? on: July 03, 2021, 07:56:43 AM
Currently, Bitcoin cannot be banned in a single country. If you understand the blockchain, you know that, technically, no country can basically control Bitcoin. Because Bitcoin is a consensus reached by anonymous participants around the world, it can only be restricted by law but obviously cannot be forbidden. It can only be guided and restricted.
My country does not explicitly prohibit bitcoin transactions, but restricts some bitcoin transactions. If the op country bans bitcoin transactions and mining, I suggest you don’t use your own wallet to test it. Mining can be relocated to other countries that are friendly to cryptocurrency. In short, you must protect your property.
5  Economy / Economics / Re: Can Bitcoins kill Central Banks? on: July 03, 2021, 07:26:51 AM
I think its possible but in recent not possible to overcome the central Banks.The reason behind government won't let this thing happen, they won't permit any decentralized framework take over the banks and other than central banks is much imperative since we still require it to cash out our cryptocurrency, imagine if there's now not a bank at that point for beyond any doubt no one can change over their bitcoin or any altcoin into fiaJust think for a moment  if BTC overcome so fast how will manage the variable rates and retailers will not accept to early till they well trained and aware about Bitcoin.

I very much agree with your point of view. Because of China’s recent anti-bitcoin policies, we can understand that sovereign states will not allow such decentralized institutions to replace our fiat currency banks. At least for now, it’s not possible. We Someone needs supervision to maintain the normal operation of the country. After all, Bitcoin is not able to replace legal currency. There are still some problems in payment. Of course, these problems may be solved technically or gradually in the future.
6  Economy / Economics / Re: Can the world be without poverty on: July 03, 2021, 03:43:44 AM
If there were no poor people, the world would lose productivity. Everyone is not short of money, and half of the jobs in the world will disappear. Such as nanny, worker, cleaning, catering service staff, farmer and other positions that suffer from industry discrimination. A world without the poor is a beautiful utopia. Once it becomes a reality and the poor become rich, it will break the balance of mutual restraint and mutual dependence between the rich and the poor. If things go on like this, more serious social conflicts will erupt, so I think Fundamentally speaking, it is impossible to have the poor. The society needs people of different levels. I do not discriminate against the poor, but I think the world still needs some gaps so that this society can function better.
7  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin truly a safe-haven asset? on: July 03, 2021, 02:53:36 AM
Perhaps compared with other physical assets, Bitcoin is not a safe-haven asset. In the current market situation, Bitcoin is undoubtedly one of the virtual currencies with the best hedging capabilities. In the previous global economic crisis, many people began to invest in the cryptocurrency industry, which is enough to prove that the assets in people's hands are no longer in value. With the inflation of fiat currency, people are turning to look for assets with more room for appreciation, even with the volatility of Bitcoin. It is relatively large, but in the long run, as long as you hold it for a long time, at least the bitcoin in your hand will not depreciate, but will continue to appreciate. I believe that bitcoin will become digital gold in the future.
8  Other / Beginners & Help / Re: As I am newcomer here! So need your little advice? on: July 03, 2021, 02:15:58 AM
Created a topic, not received merits, left to register another account.
How many answers were received, and the OP did not appear to answer whether he understood everything, or he still needs to repeat the same thing ten times.
Please note that people who come here for knowledge are not worried about making money and do not create such topics. And, unfortunately, there are very few of them.
I agree with you. He has left some questions. He has got the correct answer. But he has not been seen here anymore. Did he understand the answers? Or did he not understand? He may have many more ideas. If he had, he would have come here. He posted the last 6. Then he did not post any more. I don't know what to say to him. But one thing is that he came here for merit.

Maybe it was, but I saw that he thanked other people for their replies. Maybe for some reason, he was no longer active on this forum or that he might have forgotten the password. The old people on the forum are really enthusiastic. Helping newcomers is probably the most friendly to newcomers I have ever seen. I don't know the rules here. I plan to continue to learn and understand these rules to gain my own merits.
9  Bitcoin / Bitcoin Discussion / Re: El Salvador to revoke Bitcoin as legal tender? on: July 03, 2021, 01:48:32 AM
In any case, before El Salvador passed the proposal of Bitcoin as a legal currency, even if something like your concern appeared in the end, citizens of this country have already adapted to using Bitcoin for payment and it has influenced many countries to start to consider Bitcoin as their home country. Fiat currency, I don’t believe that the International Monetary Fund will provide any effective help to this country. They just want to prevent them from continuing to use Bitcoin. This will have a certain impact on the hegemony of the US dollar. Bitcoin is not only a counterattack against the wealth of ordinary people. It is also an opportunity for many small sovereign countries’ gdp to move. The world is developing, and are you standing still.
10  Bitcoin / Bitcoin Discussion / Re: I feel uncomfortable if I don’t buy on: July 03, 2021, 01:19:30 AM
In fact, you don’t need to feel uncomfortable because of the price drop. This is a normal market situation. You just have to hold these bitcoins and wait for a good time. This is much better than most people, Don’t even look at a chart with candles shorter than the weekly. It'll help. Just remember it won't matter much if your time horizon is long enough.
11  Economy / Economics / Re: Poor and middle class as a mentality on: July 02, 2021, 08:38:59 AM
In many cases, it is to teach by example. Parents’ conversations, insights, and opinions all unknowingly affect their children. A child at the bottom of society may also be very smart, but his parents are not able to guide him well in all aspects. Although he is smart, after all his age and experience are there, he can only explore it slowly. And some children of successful people in society skip the exploration stage and get resources and guidance directly from their parents. And subconsciously imitated the way parents deal with problems. As the days go by, it is natural to see you immediately. Charm comes from confidence.
12  Bitcoin / Bitcoin Discussion / Re: George Soros is now officially trading bitcoin. Good or bad? on: July 02, 2021, 07:37:41 AM
Soros is definitely not a simple financial investor. Everyone may have heard that Soros shorted the entire Southeast Asian market and triggered a financial turmoil in Asia. This happened more than once, so it may not be the same for such a person to enter the crypto market. A good thing, if he becomes the next Musk, it may not be beneficial to most retail investors, but it will also have a positive impact. If more and more giant whales participate, it may be scattered. For market manipulation, the ultimate goal of businessmen’s participation is to make a profit. If market conditions remain bad, it will also affect their interests.
13  Bitcoin / Bitcoin Discussion / Re: 650 U.S. banks will soon be able to offer bitcoin purchases on: July 02, 2021, 06:35:41 AM
That might be a good start, many Banks began allowing the currency trading that means accept bitcoin to pay the audience get bigger, although by supervision, but also suggests that encryption currency became legal, the penetration and mainstream financial institutions to participate in, it will lead to a variety of shops and Banks, the currency as a means of payment will be more and more widely recognized, This may also have an impact on some cryptocurrency exchanges, and it's unclear what the exchanges will do in response.
14  Bitcoin / Bitcoin Discussion / Re: What happens to the coins after your death ? on: July 02, 2021, 02:25:06 AM
If you did not tell your family or friends your private key and wallet before your death, there is a high probability that these coins will become dead. I suggest that you can tell someone you trust in advance to manage your wallet after your death , And then entrust all of this to the custodian to open these private key envelopes after you die.
15  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not just a currency, but represents a new human civilization on: July 01, 2021, 09:18:30 AM
Hello everyone, I am glad to communicate with you in the Bitcointalk forum. I am Kun from the east of the world. I have learned a lot from this forum, thank you all. Although I have not been exposed to Bitcoin for a long time, I have become a strong believer in Bitcoin. I am a Bitcoin maxis, and I am awakened by Satoshi Nakamoto.

In the next two to three months, I will officially launch a blockchain DAO project, which I call Rainbow City. But before that, I want to communicate with you on Bitcointalk. I want to get more inspiration and thinking from your gays, and I also want to meet friends from different countries in the world, study together, and communicate together.

I know that Bitcointalk is where Satoshi Nakamoto started Bitcoin, and it is also a gathering place for Bitcoin believers. So, I also hope to start my new career here. During the time I joined the forum, I saw old users in the forum answer questions to rookies every day, and I was very encouraged. It is precisely because of this unreserved help that the Bitcoin community has grown and expanded its consensus around the world.

In order to learn better, I also want to share my thoughts on Bitcoin in the forum and communicate with everyone.

Bitcoin is not just a coin, but a new civilization of human.

I named it Bit Civilization.
This is the first time I have seen someone treat Bitcoin as a civilization on the forum. This view is very novel. I very much agree with your view. Many people don’t know much about Bitcoin and resist it. I I think this is very unreasonable. I think Bitcoin will gradually change the world. I hope to see more of your arguments in the future.
16  Bitcoin / Bitcoin Discussion / Re: Do you pay with Bitcoin whenever you're able to? on: July 01, 2021, 05:51:01 AM
In fact, I have used Bitcoin to pay for some time, but its speed is not fast enough for micropayments and the handling fee is a bit high, but I think that with the development of the Lightning Network, this series of problems may be improved. Some countries have recognized Bitcoin as a legal currency, which means that we can use Bitcoin to pay more in real life.
17  Bitcoin / Bitcoin Discussion / Re: Never sell your Bitcoin? on: June 30, 2021, 01:51:33 AM
If you can help it, you never want to sell an asset. Especially the apex asset of humanity.
Leverage it if you need fiat, but for pure monetary purposes it makes no sense to ever sell Bitcoin. You sell, you pay capital gains tax and lose all future upside. If you leverage it (take out a loan against it), you keep it, pay zero taxes on the loan, and can refinance that fucker over and over (like a house appreciating in value in a real estate run up), and live off the leverage.
Unless you have no other choice, don’t ever sell it.
18  Bitcoin / Bitcoin Discussion / Re: Why on earth do you own bitcoin? on: June 29, 2021, 01:04:11 AM
As the leader of digital currency, Bitcoin will have more application scenarios in the future. Buying Bitcoin now is because of long-term bullishness, but in fact there is still a lot of risk. But I believe that as more and more people realize the value of Bitcoin, they will also participate. I believe that the decentralization concept of Bitcoin will eventually enable you to achieve true freedom. I hope to witness it together.
19  Bitcoin / Bitcoin Discussion / Re: Why do ordinary people feel afraid of Bitcoin? on: June 28, 2021, 01:41:27 AM
Yes, I was afraid to invest in Bitcoin when I didn’t know exactly what Bitcoin was. Even then I thought it was a scam, but after entering a new company, because the company was in contact with blockchain-related , So I had to learn the relevant knowledge of cryptocurrency. After learning, I realized that Bitcoin is not a scam. Indeed, its existence has changed the world. The blockchain technology it relies on is also worthy of being applied to all aspects of life. In all respects, everyone who is afraid is because they don't understand Bitcoin, but they just hear that they lose money by buying Bitcoin, so they think it is Bitcoin's fault.
20  Economy / Speculation / Re: How low will Bitcoin go? on: June 26, 2021, 05:49:40 AM
I think Bitcoin should not fall to around US$20,000 in the next few months, because China’s various measures and bans have almost been implemented, and the impact on Bitcoin has basically ended. There will be various positive news for the next two. , The price is already the lowest, and Bitcoin should rebound in the next period of time, because we have also seen that some countries are declaring Bitcoin as the national legal currency, which will further promote the rise of Bitcoin. If you want to buy Bitcoin, this will be the best opportunity, and the price will not drop as low as it is now.
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