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Author Topic: I'm happy I can finally say something about bitcoin.  (Read 531 times)
Promocodeudo
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June 28, 2024, 02:08:37 PM
 #41

A general knowledge that every newbies should know about Bitcoin is exactly what this sounds like to me, a professional Bitcoin holder or trader most likely have this basics if not they wouldn't have gotten to their current levels with Bitcoin investment and trading, you must have understood Bitcoin enough to a very great extent to be able to know how well to trade or invest to the point you will be called a bitcoins trader or an investor. Bitcoin is something we shouldn't be seen as our job opportunities except as a full time trader because I believe you can still be able to make a whole lot of such knowledge as it's been expected,but anything aside trading of Bitcoin, just an investor can never be a reason you will have to say you are working or seeing Bitcoin as your occupation because as an investor you will have to wait a while for profits.

For me despite the love I have for Bitcoin I wouldnt want to say that Bitcoin is a profession, it an investment that's capable of enriching individual at the same time it can temporally make individual money depreciate but with the same value, mate there is a misconception I want to correct once you have a little holding in Bitcoin, you will be addressed as an investor, your holding does not matter, lets not forget that they so called bitcoin traders and investors that have gather more kniwledge in the system started somewhere, they didn't just wakeup to become gurus in bitcoin, a journey of a thousand mile starts from one day, for me, Bitcoin investment is a contimus journey that requires a personal envoragement for one not to derail from the main goal.

I agree with you that Bitcoin is not an occupation, this is the reason why most people that doesn't have knowledge about Bitcoin goes into it with everything they have without having fund left with them or alternative source of income, I will still say it again that Bitcoin is a longterm investment and for one to able to continue with his or her holdings, such person must have other earnings that will help him or her to settle unexpected problems, so that he or she can stay relevant in the purwuit of this longterm goal.

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June 28, 2024, 02:42:23 PM
 #42

I am really happy say. I leard more information form bitcoin. It help to future growth and future savings. Bitcoin is help my cretical time. Bitcoin is all-time favourite. I am always trust the bitcoin.
Not only you have been helped by Bitcoin during difficult times, but there are many people who have believed in Bitcoin and they have all felt helped by Bitcoin when times were difficult. And if you are one of the many people who have been helped by Bitcoin because you already believe in Bitcoin, now is the time for everyone (including you too) to return to buying Bitcoin whenever you have the money and ability to do so. Because saving money alone will not save you from unexpected difficulties in your life.
Whatever we say, bitcoin is a great opportunity which is a thing that anyone should not ignore. People never say wrong about bitcoin, they are all right because they experience the best of having bitcoin in life. This is the reason why the name bitcoin become too popular across the globe making some rich people turn their heads to it. If these people see the potentiality of this thing, I don't see any reason why we don't. In fact, we should be thankful we've been a part of this crypto world and know bitcoin because we've been given the chance, unlike the others which until now are still no-how.

If we have money today, instead of thinking about saving, better take the time to understand what is crypto and bitcoin investment all about. I am certain that this opportunity will help us to multiply our money and give us a better future.

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June 28, 2024, 04:41:36 PM
 #43

You did well to had said things about Bitcoin but all being said is as you narrated the history and development of Bitcoin.
The title of your thread would had been best to say you have now understood what Bitcoin is about because I was actually expecting you to say something unique or you are testifying on your experiences encountered on Bitcoin.
When there is nothing to say or no idea to create a good content then rephrasing becomes the best for them. But I will not blame him or her because we also started like this and in the process started not adjust and now we only create thread when it is necessary and on important topics.

Well it is good to know the general knowledge nof bitcoin so he can defend himself in public arguments and educate others who are not well educated with some areas. Op I encourage to learn more.
Thank you for your words of encouragement. I actually did not rephrase any initial post on the forum or did I copy this particular post from anywhere. I was finding it extremely difficult to understand the basics of Bitcoin in general until recently that I had to read few journals and documentaries about Bitcoin and what I posted was my own little way putting out what I understood. Going forward, I'll continue to learn more about one of the greatest innovations of man(Bitcoin)
Why I said you replace another people threads because what you have said have been said or created by users so all what your said is just like a duplicate from those ones. I don't mean that you copied exactly what they from them no but others have created it. But nothing bad what we all need is the knowledge in the technology because without the knowledge nothing will come. But when you have known then to participate and defending oneself is possible but if you are not knowledgeable in bitcoin then it is not possible for you to say something about bitcoin in the public domain.

We are all learners here but there are some threads we wouldn't create again because it looks childish. But as a newbie like you are free to create to know more.
With each and everyone being right and clear, I think the OP has been guided and he has also stayed tuned to keep up with his learning.

Either at beginners or act of ignorance after having a certain knowledge, we actually think that we have learnt enough but meanwhile... We have either learnt nothing or we are just across the beginners stage.

Just like @Mate2237 has said, it is a primary task to understand the domains such as history and the development of Bitcoin before we could proceed to progress with our holdings. So, the OP at a point tried his best too but hope to see you do more better.
Keep to your good work of research and learning new ideals towards your goals in the Bitcoin industry.

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June 28, 2024, 05:55:12 PM
 #44

Bitcoin today is considered as the future global currency because of it's ability to solve global financial problems like allowing people from different parts of the world to transmit money at will, anywhere in the world and at any given time. Bitcoin is no longer solving the financial problems of 50-80 million people in one particular country instead, it's now solving the problems of more than 7 billion people and that's why Bitcoin network will continue to expand across the globe until it finally becomes a legal system of money in all parts of the world.

Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come
Almost all humans know about Bitcoin, but not everyone is in it, Bitcoin is still an alternative not a medium of exchange in all parts of the world because there are still countries that prohibit the use of Bitcoin. No one knows what will happen in the next ten years, especially for the issue of medium of exchange. Bitcoin will definitely continue to find a place for everyone because the potential it has continues to show positive changes for everyone who dares to get involved in it.

Bitcoin provides space for anyone to achieve financial freedom and Bitcoin also excels in maintaining value so that many people are aware of saving Bitcoin. Let's hope that in the future bitcoin will continue to be as it is now so that people have the option to achieve financial freedom by getting involved in it.
Agreed, many people know about Bitcoin but not everyone is aware. Because of which not everyone can succeed from it. But those who will stick with it consciously can definitely get a financial freedom in the future which is not impossible. However, Bitcoin is still not legal in most parts of the world. But the public's willingness to use Bitcoin continues to grow. Governments are not able to reduce its use by various restrictions. And while they are failing, many of them are also thinking about how to adopt Bitcoin. Bitcoin is a financial freedom that no one can stop, no matter how hard they try. Earlier, Bitcoin was purchased at the individual level, but now the interest of institutional investors is gradually increasing and will continue to do so in the future.

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June 28, 2024, 11:25:09 PM
 #45

Bitcoin today is considered as the future global currency because of it's ability to solve global financial problems like allowing people from different parts of the world to transmit money at will, anywhere in the world and at any given time. Bitcoin is no longer solving the financial problems of 50-80 million people in one particular country instead, it's now solving the problems of more than 7 billion people and that's why Bitcoin network will continue to expand across the globe until it finally becomes a legal system of money in all parts of the world.

Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come
Almost all humans know about Bitcoin, but not everyone is in it, Bitcoin is still an alternative not a medium of exchange in all parts of the world because there are still countries that prohibit the use of Bitcoin. No one knows what will happen in the next ten years, especially for the issue of medium of exchange. Bitcoin will definitely continue to find a place for everyone because the potential it has continues to show positive changes for everyone who dares to get involved in it.

Bitcoin provides space for anyone to achieve financial freedom and Bitcoin also excels in maintaining value so that many people are aware of saving Bitcoin. Let's hope that in the future bitcoin will continue to be as it is now so that people have the option to achieve financial freedom by getting involved in it.
Agreed, many people know about Bitcoin but not everyone is aware. Because of which not everyone can succeed from it. But those who will stick with it consciously can definitely get a financial freedom in the future which is not impossible. However, Bitcoin is still not legal in most parts of the world. But the public's willingness to use Bitcoin continues to grow. Governments are not able to reduce its use by various restrictions. And while they are failing, many of them are also thinking about how to adopt Bitcoin. Bitcoin is a financial freedom that no one can stop, no matter how hard they try. Earlier, Bitcoin was purchased at the individual level, but now the interest of institutional investors is gradually increasing and will continue to do so in the future.
I can tell you vividly that this has been the situation in my country and Bitcoin. The government have continually tried to fight Bitcoin and even cryptocurrency at a general but the whole thing is actually centered on Bitcoin. But the good thing is that the whole youth and citizen of the nation have proven resistance to this as everyone continue to find other strategy that would provide effect use of Bitcoin no matter what.

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June 29, 2024, 09:18:11 AM
 #46

The newest revelation that has led many to accept BTC is the fact that the government of any country can either chose to adopt it as a legal tender or use it in addition to their countries currency by merely regulating its activity. Now, that's a big plus for something that was seen as a chaos waiting to happen, hence why many governments created their CBDCs to prevent or discourage their citizens from patronizing cryptocurrencies like Bitcoin for real because of the lure of what digital currency stands to represent and project.
It's now very potent, in that all the sayings and thought of the first and popular cryptocurrency, Bitcoin failing, has been disproved.

A time will come when the world governments would have no choice than to adopt BTC and cryptocurrencies as a recognized means for payments after transactions because because of its consistency in proving regulators wrong and doing the needful where our regular commercial Banks fail or fall short.
That time has already come and we are seeing a lot of people making a lot of changes right now. Look at governments, most of them are making a mistake and we should consider how this is a very normal situation. I think the best thing about the current deal is that we need to make sure that we can hold it, as long as we can so that we can profit from it while governments end up with getting a better result.

Just consider the fact that we are going to be seeing a lot of the best things possible happening to bitcoin by governments not only accepting its existence, but putting good laws into it as well, saving people from scammers and also keeping it legit and a commodity as well. So all in all, I think we are on the right direction.

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Gladitorcomeback
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June 29, 2024, 05:34:10 PM
 #47

Just consider the fact that we are going to be seeing a lot of the best things possible happening to bitcoin by governments not only accepting its existence, but putting good laws into it as well, saving people from scammers and also keeping it legit and a commodity as well. So all in all, I think we are on the right direction.

When do you think is that going to happen? The truth is, some governments will never be able to accept and allow Bitcoin in their countries as long as they don't get changed, maybe if the old rulers are removed and replaced with new ones who understand the potential of Bitcoin and the technology and realize how useful it can be for them and their country, then they may think of allowing it after putting strict regulations and laws around it.

Governments that understand this are already doing everything they can to bring Bitcoin and its usefulness within their countries and make good use of it. They know how much people like and use cryptocurrencies either for earning money or for personal use, so they aren't pushing them away but are trying their best to regulate them and allow their people to use them while staying within legal limits and boundaries.

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June 29, 2024, 06:51:56 PM
 #48

I can tell you vividly that this has been the situation in my country and Bitcoin. The government have continually tried to fight Bitcoin and even cryptocurrency at a general but the whole thing is actually centered on Bitcoin. But the good thing is that the whole youth and citizen of the nation have proven resistance to this as everyone continue to find other strategy that would provide effect use of Bitcoin no matter what.
Bitcoin is something that the government can't fight it directly but can fight it indirectly through the Centralized Exchanges and Centralized Mixers. And anything that is centralized and connected Bitcoin they can fight against it. And that is the case in your country. The government is fighting against Bitcoin through the exchanges yet the youth and other users if the digital currency is still active and because of the self custodial wallets use by these people the government can't stopped Bitcoin and the uses is continues.

And day by day the number of people using Bitcoin in the country increase tremendous. And the knowledge of Bitcoin about Bitcoin is widen. And the good part of if it all is that whether government accept or approved it or not, people are using it and government can't stopped them.

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June 30, 2024, 12:18:04 PM
 #49

I can tell you vividly that this has been the situation in my country and Bitcoin. The government have continually tried to fight Bitcoin and even cryptocurrency at a general but the whole thing is actually centered on Bitcoin. But the good thing is that the whole youth and citizen of the nation have proven resistance to this as everyone continue to find other strategy that would provide effect use of Bitcoin no matter what.
Bitcoin is something that the government can't fight it directly but can fight it indirectly through the Centralized Exchanges and Centralized Mixers. And anything that is centralized and connected Bitcoin they can fight against it. And that is the case in your country. The government is fighting against Bitcoin through the exchanges yet the youth and other users if the digital currency is still active and because of the self custodial wallets use by these people the government can't stopped Bitcoin and the uses is continues.

And day by day the number of people using Bitcoin in the country increase tremendous. And the knowledge of Bitcoin about Bitcoin is widen. And the good part of if it all is that whether government accept or approved it or not, people are using it and government can't stopped them.


It is true that the government cannot completely ban bitcoin but if they are really serious about stopping it then we will face a lot of difficulties. It is likely that many people will still invest in bitcoin regardless of whether the government stops centralized exchanges or any bitcoin-related services. But if they order criminal prosecution and imprisonment if they discover someone using bitcoin, things will then be much more serious. In that situation, I don't think many people will dare to risk using bitcoin like before. But fortunately, no government has yet become that strict with bitcoin, and we should not look down on the government and think that they can do nothing to us.

I have a feeling they don't really want to ban it completely, they're just buying time to observe and evaluate carefully before accepting, not that they don't have the ability to ban it.

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