LegendaryMiner
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Activity: 407
Merit: 250
DAG, Built-in Chat and Conditional Payments
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January 05, 2017, 03:46:04 PM |
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Why would the government risk to something that they cannot control, they believe they have the highest authority so they are not used to adopting but rather they want us to adopt with the government laws and regulations.
In bitcoin no rules now laws, when you know how to use it then you are good to go.
some country who interesting with bitcoin technology, trying to adopt it, create his officially cryptocurrency, so he can acces and get fully control at any transaction, but it's can't be decentralization, it's centralized mining too. I do not think there is a government that is interested in bitcoin seeing bitcoin system is decentralized and anonymous. while the government would want full control over any of their policies including currency ? Well, i also not hear anything about it, that many government showing interest on it, But if it will be happened, so it is better for bitcoin and also our their people. Because, if many people don't know about crpto currencies, because of lake information about it, and if every government promote it in official level, than definitely bitcoin make our life easy because it is new and online technology. But in fact many other countries's government have no interest in it. If a country were to use Bitcoin as the main currency, I do not think the main reasons for that would be government decisions. Instead, it will depend on people, if people adopt the currency massively, the government would not have much to do, since the network effect would be very strong. |
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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January 05, 2017, 04:18:45 PM |
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Why would the government risk to something that they cannot control, they believe they have the highest authority so they are not used to adopting but rather they want us to adopt with the government laws and regulations.
In bitcoin no rules now laws, when you know how to use it then you are good to go.
some country who interesting with bitcoin technology, trying to adopt it, create his officially cryptocurrency, so he can acces and get fully control at any transaction, but it's can't be decentralization, it's centralized mining too. I do not think there is a government that is interested in bitcoin seeing bitcoin system is decentralized and anonymous. while the government would want full control over any of their policies including currency ? Well, i also not hear anything about it, that many government showing interest on it, But if it will be happened, so it is better for bitcoin and also our their people. Because, if many people don't know about crpto currencies, because of lake information about it, and if every government promote it in official level, than definitely bitcoin make our life easy because it is new and online technology. But in fact many other countries's government have no interest in it. you must be new in bitcoin world , china have been shown their interest in cryptocurrency , and have planned to create their own cryptocurrency that managed by government , you may can find the news about it easily. also if i am not wrong , some japanese institution make a research about bitcoin (blockchain) to be implemented on their banking system. |
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susila_bai
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January 05, 2017, 04:30:37 PM |
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Why would the government risk to something that they cannot control, they believe they have the highest authority so they are not used to adopting but rather they want us to adopt with the government laws and regulations.
In bitcoin no rules now laws, when you know how to use it then you are good to go.
some country who interesting with bitcoin technology, trying to adopt it, create his officially cryptocurrency, so he can acces and get fully control at any transaction, but it's can't be decentralization, it's centralized mining too. I do not think there is a government that is interested in bitcoin seeing bitcoin system is decentralized and anonymous. while the government would want full control over any of their policies including currency ? Well, i also not hear anything about it, that many government showing interest on it, But if it will be happened, so it is better for bitcoin and also our their people. Because, if many people don't know about crpto currencies, because of lake information about it, and if every government promote it in official level, than definitely bitcoin make our life easy because it is new and online technology. But in fact many other countries's government have no interest in it. you must be new in bitcoin world , china have been shown their interest in cryptocurrency , and have planned to create their own cryptocurrency that managed by government , you may can find the news about it easily. also if i am not wrong , some japanese institution make a research about bitcoin (blockchain) to be implemented on their banking system. It is true about both the news, and even their are some institutions from india also who are taking interest in Blockchain and recently their were some big meetups with big blockchain experts on the blockchain technology issues. and banking sectors high officials were their in this meetups |
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Qumiu
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January 05, 2017, 04:39:55 PM |
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Bitcoin - a web-based "cryptocurrency" that has no central authority, relying instead on Thousands of computers across the world that validate transactions and add new Bitcoins to the system - Jumped 2.5 percent to $ 1.022 on the Europe-based Bitstamp exchange, its highest since December 2013.
Its resistance to currently not all countries recognize bitcoin as legal tender.
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Bitcoin0916
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January 06, 2017, 03:27:10 AM |
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My prediction is correct, it looks like 3 months ago I predicted that in the early year 2017 the bitcoin will reach price $1.000, and my prediction is the next 6 months the price will reach $2.500. If my predictions are correct then I'll quote my post.
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Xenophoto
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January 06, 2017, 10:47:26 AM |
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My prediction is correct, it looks like 3 months ago I predicted that in the early year 2017 the bitcoin will reach price $1.000, and my prediction is the next 6 months the price will reach $2.500. If my predictions are correct then I'll quote my post.
I think you forgot to quote your post saying that in the early 2017 the price would be $1,000. But to be honest, it's pretty obvious that the price would reach that since December is when the price increase is always happening. Many people have predicted that in the start of 2017, we would hit the $1,000 price but not much has predicted that the price would be manipulated yesterday. There are some that says that this is the start of ATH, let's see what would happen in the next 6 months. |
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bitllionaire
Legendary
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Activity: 1120
Merit: 1000
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January 06, 2017, 04:03:55 PM |
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Bitcoin will be popular for a very long time ,but it will not be a glocal currency and usd other currencies will not be banned because of bitcoins .i think the main reason for it is the limitations in bitcoins .thank you.
yes that may be a problem, and that is the reason that the price of bitcoin is expected to go so high, because people are entering in the field of bitcoin. and they are even investing huge amount in bitcoin. |
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virasog
Legendary
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Activity: 3010
Merit: 1162
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January 06, 2017, 04:20:02 PM |
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Bitcoin will be popular for a very long time ,but it will not be a glocal currency and usd other currencies will not be banned because of bitcoins .i think the main reason for it is the limitations in bitcoins .thank you.
yes that may be a problem, and that is the reason that the price of bitcoin is expected to go so high, because people are entering in the field of bitcoin. and they are even investing huge amount in bitcoin. Yes, many is getting into bitcoin nowadays, there were first timers in bitcoin but then big whale already, investing your money in bitcoin is not bad, it is just that you need to be update in every move of bitcoin because it is now kinda roller coaster of price getting high and low. Lets See where it goes from here onwards !!! |
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Bitcoinsummoner
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January 06, 2017, 05:17:47 PM |
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Bitcoin will be popular for a very long time ,but it will not be a glocal currency and usd other currencies will not be banned because of bitcoins .i think the main reason for it is the limitations in bitcoins .thank you.
yes that may be a problem, and that is the reason that the price of bitcoin is expected to go so high, because people are entering in the field of bitcoin. and they are even investing huge amount in bitcoin. Yes, many is getting into bitcoin nowadays, there were first timers in bitcoin but then big whale already, investing your money in bitcoin is not bad, it is just that you need to be update in every move of bitcoin because it is now kinda roller coaster of price getting high and low. Lets See where it goes from here onwards !!! If you check the bitcoin wisdom more people are still selling their bitcoin instead of pushing it back to the 1k value and i think this time we will hardly to get $1k value again i just notice they are setting the price at $911 and sell after above that price i just analyze it with my own analysis in bitcoinwisdom. |
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Dr.Osh
Legendary
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Activity: 2730
Merit: 1004
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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January 06, 2017, 05:28:53 PM |
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I guess my prediction slightly miss the mark on this year. I suppose that the price of bitcoin will arrive at the price of $ 1,300, at the beginning of the year. Well, I know that this is not over, but I feel that this month, the price of bitcoin will last at a price of $ 900 and $ 1,000.
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AUDREY23
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January 08, 2017, 05:00:29 AM |
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I guess my prediction slightly miss the mark on this year. I suppose that the price of bitcoin will arrive at the price of $ 1,300, at the beginning of the year. Well, I know that this is not over, but I feel that this month, the price of bitcoin will last at a price of $ 900 and $ 1,000.
I do not understand why people can tell if bitcoin was going to die someday, what because of the number of bitcoin is limited so that when bitcoin is up in the mine then will gradually disappear consumer, I think it's wrong for increasingly scarce goods that the price will go up , from that concept bitcoin bitcoin future will always be sought after because its value was amazing 10 years later |
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johnny11011
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January 08, 2017, 05:55:46 AM |
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Major obstacles to the development of bitcoin industry, the obstruction of the traditional financial power,people's quality is a natural rejection of science and technology,the risk of government intervention.
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goldcoinminer
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January 08, 2017, 07:01:01 AM |
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Major obstacles to the development of bitcoin industry, the obstruction of the traditional financial power,people's quality is a natural rejection of science and technology,the risk of government intervention.
With the popularity of bitcoin most likely it will make the government to regulate it and that is the intervention comes, the system cannot be change as that is the original of bitcoin but they can limit our transactions online and we will be properly monitored. |
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Pattart
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January 08, 2017, 07:45:54 AM |
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Major obstacles to the development of bitcoin industry, the obstruction of the traditional financial power,people's quality is a natural rejection of science and technology,the risk of government intervention.
With the popularity of bitcoin most likely it will make the government to regulate it and that is the intervention comes, the system cannot be change as that is the original of bitcoin but they can limit our transactions online and we will be properly monitored. I think the government still will not be able to perform transaction limits for bitcoin users, because the system is decentralized bitcoin. although the government provides rules on bitcoin, it is not useful to bitcoin |
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lol3c
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January 08, 2017, 07:53:01 AM |
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Major obstacles to the development of bitcoin industry, the obstruction of the traditional financial power,people's quality is a natural rejection of science and technology,the risk of government intervention.
With the popularity of bitcoin most likely it will make the government to regulate it and that is the intervention comes, the system cannot be change as that is the original of bitcoin but they can limit our transactions online and we will be properly monitored. I think the government still will not be able to perform transaction limits for bitcoin users, because the system is decentralized bitcoin. although the government provides rules on bitcoin, it is not useful to bitcoin Well, Bitcoin is created for the anonymity so I guess no matter how hard the government try to control it, the result will still remain zero. Bitcoin will continue its path in becoming a global currency. Never try to control Bitcoin, it is the most useless job |
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mayxi865
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January 08, 2017, 10:41:01 AM |
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
I think at the end of this year, bitcoin price will hit $1000. There are so many things which can help bitcoin's price to skyrocket. As you can see, nowadays, more and more people know about bitcoin as a method of payment. Bitcoin brings many advantages to its users which attract people to join the bitcoin world Bitcoin reached $1000, but after a long time because of various reasons and down, this is not a bad news, because this wave of action so that more people know bitcoin. Now many countries have begun to pay attention to digital currency, the policy restrictions bitcoin, which is a big improvement compared to bitcoin. |
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markyminer
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January 08, 2017, 08:51:16 PM |
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
I think at the end of this year, bitcoin price will hit $1000. There are so many things which can help bitcoin's price to skyrocket. As you can see, nowadays, more and more people know about bitcoin as a method of payment. Bitcoin brings many advantages to its users which attract people to join the bitcoin world Bitcoin reached $1000, but after a long time because of various reasons and down, this is not a bad news, because this wave of action so that more people know bitcoin. Now many countries have begun to pay attention to digital currency, the policy restrictions bitcoin, which is a big improvement compared to bitcoin. there is not any special reason for the price to decrease, i think the market just take a little correction and hope that very soon the price of bitcoin is going to recover its previous position and i am even hopeful that in future the price of bitcoin is going to cross its all time high price. |
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coinfast
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January 09, 2017, 09:27:21 AM |
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The biggest threat will come from authoritarian rule and also from the community Bitcoin itself, but more people will adapt to Bitcoin.
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btcdiggingmaster
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January 09, 2017, 10:45:11 AM |
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Major obstacles to the development of bitcoin industry, the obstruction of the traditional financial power,people's quality is a natural rejection of science and technology,the risk of government intervention.
With the popularity of bitcoin most likely it will make the government to regulate it and that is the intervention comes, the system cannot be change as that is the original of bitcoin but they can limit our transactions online and we will be properly monitored. Majority of the people out there are also not supporting bitcoin because it completely decentralized currency and it is not stable like fiat currency,i hope government should regulate transaction through the banks. But bitcoin are already in many people hands don't know exactly what is going to happen. |
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hurain
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January 09, 2017, 08:21:43 PM |
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Major obstacles to the development of bitcoin industry, the obstruction of the traditional financial power,people's quality is a natural rejection of science and technology,the risk of government intervention.
With the popularity of bitcoin most likely it will make the government to regulate it and that is the intervention comes, the system cannot be change as that is the original of bitcoin but they can limit our transactions online and we will be properly monitored. I think the government still will not be able to perform transaction limits for bitcoin users, because the system is decentralized bitcoin. although the government provides rules on bitcoin, it is not useful to bitcoin Well, Bitcoin is created for the anonymity so I guess no matter how hard the government try to control it, the result will still remain zero. Bitcoin will continue its path in becoming a global currency. Never try to control Bitcoin, it is the most useless job yes i am also hopeful that bitcoin will continue its position, and it will remain an anonymous and no one can control bitcoin even still governments have no idea hoe do control bitcoin. |
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