what if someday when bitcoin has become the main payment instruments in the world. and how when the Internet network paralyzed. it means that we all can not perform various financial transactions? , is there any solution ?
Then use a fiat currency instead.If bitcoins will become a main payment intrsument in the world well that doesnt mean that fiat currency will be vanished and wipe out too.You can still use fiat currency as mode of payment for services in country even tho bitcoins has become mainstream That is why i think that any idea of replacement the fiat by digital systems and payments through web is not a good idea. There is always a chance that the network is going to be paralyzed because of some reason, hackers attack,DDoS or just really huge traffic, and that is the reason why we should rely only on the web and online systems. We always should have some kind of emergency, because we cannot predict every event that will occur, thus it is not wise to depend only on one option. Im sure that even if most of the countries on the planet will replace their cash money with bitcoin or different digital asset, some of countries will use their currency, in form of bank notes. I agree with you, it might be time manager and developer of bitcoin find solutions and innovations on how to use bitcoin transactions offline system
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It is technology so as blockchain and bitcoin. Soon it will be replaced by something better, just like how it is replacing laptops and desktops. I do not think that it has any correlation with bitcoin growth.
Yes smartphone is not correlation with bitcoin growth but it has correlation with the service related bitcoin, for example the online stores that accept bitcoin for payment method, their service (the website) must support for smartphone devices, if their service want survive on this era (era of smartphone) so bitcoin can be easy be adopted by users of smartphone. Well does not affect the growth of smartphones presence bitcoin but has a relationship with bitcoin services, for payment via online shopping accept bitcoin transactions. so that it can be easily accessed with a smartphone services
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perhaps until now there is no certainty that explains how many active users and the number of bitcoin holdings scattered in various countries
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bitcoin is built with a strong foundation and system comes with strong security so it is not easy for a thief to take over, the current weakness in bitcoin as possible about legality
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I always use online wallets. Ease of use and you don't need the whole blockchain downloaded and updated copy continuesly untill you can make a transaction.
Online wallets are risky as you have a fear of loosing your bitcoins so the best choice would be to store your bitcoins in offline wallet and for that I think electrum wallet is the best as it has great safety features and won't be possible for anyone to hack your coins. i do not think that online wallet are risky because i am already using about from 2 years and i do not face any problem so i consider that online wallet is good and secure. I strongly agree with you, The most of known online wallets are highly secure. When we talk about blockchain or maybe XAPO. There are top secure. I save my bitcoin in xapo wallet since 3 years and till now i don't have any problems with them. furthermore xapo have a lot of advantage, I mean here - Transactions without fees. - Instantly transactions from xapo account to another xapo account.( you don't need comfirmation) Online wallets are never secure. You're just telling a company which is barely regulated to keep your coins and spend them for you. It's the same thing you do on an exchange. They could scam you like Gox for all you know. The most secure way to hold Bitcoin is on a hardware wallet. I agree with you that hardware wallet seems safer to keep bitcoin when compared to online wallet that sometimes vulnerable to theft by hackers
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Before I know bitcoin some ways I do to earn income online like managing PTC (paid to click) and actively manage bloggers Then I found the altcoin site to work on captcha and bring some satoshi to me collect into my wallet bitcoin From my daily work on captcha at various altcoin sites I can collect 0.3 BTC / month until now I have little capital for trading in bitcoin. Thank you to all ,,,
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If I see its function may be almost the same between bitcoin with real currency, but it certainly has a significant difference in terms of legality The difference of bitcoin and real money, physically bitcoin is virtual currency. It doesn’t exist in the kind of physical form that the currency & coin we’re used to exist in. Bitcoin is something that people likes because you hold it by yourself and have better security some people also says that for you to escape from the bank. And lastly bitcoin has no value, only exchange value.
I agree with what you say. But bitcoin has value. As in other exchange tools, people's demand for value in the bitcoin is determined. There is no value in your money if you look at your side. Then it is not worth under. People can use different exchange tools during shopping. Bitcoin is one of these exchange tools. There is no difference between bticoin and real money. I see between bitcoin and real money have the same function and can be used as payment transaction tool. However, there is a significant difference regarding the legality that until now no government has authorized bitcoin as the official digital currency transaction tool.
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I prefer trading in an attempt to get bitcoin Although it requires proper analysis to open a sell order or buy a coin transaction Because I just learned to start trading
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What will happened if every country started to use bitcoin. Is the current supply of bitcoin and blockchain capacity can handle every bitcoin user?
Thanks in advance.
I hope everyone is using bitcoin as a means of transaction and if it happens will be good for the growth of bitcoin, but to realize it will take a long time.
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maybe someday it could happen, but of course if the government has legalized the existence of bitcoin, and tied with banking regulations and supervised by government authorities I guess it's not a good thing for bitcoin if the movement is bound by the rules
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On some Coins like Veros you can see the people but on 99% of coins you can't. Why is this? It's like they are hiding. If I was doing a successful coin, I would want people to know I was the one who started it.
it seems you do not need and will not affect the development of the coin simply by attaching the personal data only Professional working mechanism that can popularize your coins to grow along with the development of other altcoin, and will take time and the process is not easy
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I guess alt has great potential to compete with the Bitcoin market, but it takes a long time and the process depends on the coin developer growth and development faster bitcoin achieved through a solid working mechanism of the developer
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With the development of bitcoin is currently booming and more and more users in various countries I'm sure someday bitcoin digital currency becomes official and the equivalent of real currency
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along with the rapid development of bitcoin not only from European countries who popularized bitcoin, asia also represent a significant portion of the world population in enhancing the development of bitcoin
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I love because I believe bitcoin has excellent prospects and do not have complex rules for each transaction and of bitcoin have the same functionality as the official currency
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yo-ex classified exchanger which has good prospects in the trade coin, as many coins traded at this site making it easier for us to do a coin exchange and trade on this website.
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I don't think that Bitcoin can make banks disappear. Because in my country there are more to be educated about the internet let alone Bitcoin. So am sure Banks won't disappear but Bitcoin is here to stay. I think function of banks still will not be replaced with bitcoin, but may have same function even if legality of bitcoin is still not official.
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Btctalk name: zeze18 Rank : full Member Current post count: 126 BTC Address: 1G5CdkKe6AXxcaQz4ZSoqWH557pAVd7MwM Wear appropriate signature: Yes
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saya kira harga bitcoin akan terus naik dan semoga itu terjadi saat ini 1 btc berkisar Rp16.284.919 dan tidak menutup kemungkinan pekan depan akan naik
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