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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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calkob
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February 05, 2017, 05:27:53 PM |
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What makes you think this? are you just a Trump basher? Trump has appointed some very prominent bitcoin people to very important roles in his administration. and he's a businessman. Bitcoin is good for business  |
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bitcoinrulzz (OP)
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February 05, 2017, 05:30:22 PM |
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What makes you think this? are you just a Trump basher? Trump has appointed some very prominent bitcoin people to very important roles in his administration. and he's a businessman. Bitcoin is good for business well, Bitcoin allows to avoid taxes, capital gain, underground economy etc, Uncle Sam will never like this. |
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bitcoinrulzz (OP)
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February 05, 2017, 05:33:35 PM |
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Holy shiiiit, I supported Trump accidentally.... can I change my POLL choice in twitter now  Don't see any option to change it now. |
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BrewMaster
Legendary
 Offline
Activity: 2114
Merit: 1292
There is trouble abrewing
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February 05, 2017, 05:37:13 PM |
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What makes you think this? are you just a Trump basher? Trump has appointed some very prominent bitcoin people to very important roles in his administration. and he's a businessman. Bitcoin is good for business well, Bitcoin allows to avoid taxes, capital gain, underground economy etc, Uncle Sam will never like this. avoid taxes : no capital gain : yes and it can be taxed underground economy : yes but not in the size that you think, it is so much smaller and also traceable. ps. make the poll here, many of us do not have twitter and don't need it. |
There is a FOMO brewing...
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Kprawn
Legendary
Offline
Activity: 1904
Merit: 1073
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February 05, 2017, 05:48:03 PM |
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It would make no sense to go up against Bitcoin, because it cannot be stopped. The technology is decentralized and you cannot stop people from using it or shut it down. They can force merchants, not to accept it, but then people can use it globally. We know people always find a way to bypass restrictions. { Examples : China / Firewalls } |
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Clement Kaliyar
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February 05, 2017, 07:20:06 PM |
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It was just a simple warning to the users to be cautious while dealing with bitcoin as you cannot claim for the damages if the company you are dealing runs away with your savings and nothing more.If people from China and India adapt to bitcoin that is more than enough to see a spike in the price of bitcoin as they are the largest populated countries . |
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bitcoinrulzz (OP)
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February 05, 2017, 07:52:28 PM |
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It was just a simple warning to the users to be cautious while dealing with bitcoin as you cannot claim for the damages if the company you are dealing runs away with your savings and nothing more.If people from China and India adapt to bitcoin that is more than enough to see a spike in the price of bitcoin as they are the largest populated countries . Agree, 99% in India either never heard bitcoin or know how to use/trust digital currency. This is a fact. |
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susila_bai
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February 05, 2017, 07:56:25 PM |
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Ya it is true that RBI have given warning to all bitcoin users to be ready if their is any law against bitcoin and even it is said that what exchanges running for bitcoin are not licensed and they are also eligible for any law problem. |
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the.jack20
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February 05, 2017, 07:57:16 PM |
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If Trump wars directly on the bitcoin system, there may be a problem. In other words, bitcoin can be adversely affected if it tries to enforce sanctions against miners in the US.
Apart from that, there is not much that Trump can do economically for bitcoine. In the end we are talking about a decentralized system. Bitcoin will always be.
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uneng
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February 05, 2017, 08:26:19 PM |
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Maybe Trump won't do anything related to bitcoin. At this moment he has more important things to do and to think than bitcoins. It's not affecting the country a lot as another issues are affecting and those are the first things he will take actions about.
Bitcoin is a virtual currency that don't make many persons talk about it yet, it's still starting like all another crypto currencies.
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c789
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February 05, 2017, 08:34:36 PM |
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Trump has Peter Thiel, co-founder of Paypal and Mick Mulvaney on his team, and both of them have very favorable views of crypto. Republicans have control of the House, Sentate, and Presidency, and Republicans have been more favorable toward crypto than Democrats ( https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country#United_States). For example, the only states that have passed regulations against crypto are Democrat states, such as New York. The three Democrats on the Federal Election Commission voted against allowing Bitcoin donations for Federal political candidates, while the three Republicans voted to allow Bitcoin. So, given their history and those facts, I think things will be favorable for crypto. Btw, I'm libertarian, neither Democrat nor Republican. |
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romero121
Legendary
 Online
Activity: 3164
Merit: 1213
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February 05, 2017, 08:35:55 PM |
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What makes you think this?  are you just a Trump basher?  Trump has appointed some very prominent bitcoin people to very important roles in his administration.  and he's a businessman.  Bitcoin is good for business  As quoted several technology giants who have very close relation with bitcoin as well in the digital currency ecosystem is found in the administration of Trump. This for sure gives hope that Trump support bitcoin as well won't make any banning within the country. Now it seems that he's busy with the cross border conflicts and increasing job to his people. |
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Yakamoto
Legendary
Offline
Activity: 1218
Merit: 1007
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February 05, 2017, 08:39:07 PM |
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Doubtful he's going to really do anything about it. He's said that one of the big things that he wants to do is make Americans wealthy again, and depending on what he wants to do and what happens with his tax plan, I think it is more likely he will do nothing to Bitcoin rather than do anything to regulate it, but we have yet to see. |
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sir.humus
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February 05, 2017, 08:41:59 PM |
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Trump’s plan to increase infrastructure spending, alongside further rate hikes from the Federal Reserve, will cause the already surging dollar to “hit the moon.”
The strong dollar will force emerging markets to seek an alternative currency. And here is where bitcoin comes in. So I predict it to hit 2000$ while Trump is the president
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staceyoh
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February 05, 2017, 08:50:26 PM |
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As what can I see I think he
doesn't care about bitcoin but
it is better if he will support it.
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instacalm
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February 05, 2017, 08:52:56 PM |
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What I think of Trump and Bitcoin is that in my personal opinion, Trump is probably not able to grasp the idea of Bitcoin. Perhaps if it is explained to him in simple english repeatedly, there's a small chance that he could get a glimpse on what this is all about. Perhaps that has happened already. I'm waiting for a statement on Bitcoin of him to appear.
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Shady
Full Member
Offline
Activity: 294
Merit: 100
Life is a game, you either play it or get played.
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February 05, 2017, 09:21:08 PM |
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Trump may see Bitcoin as an opportunity for trade abroad. No matter how the history looks, it's growth and what inspires innovators to do in this virtual economy make it all worthwhile to spur more investment.
It's essential to boost effort in a variety of economies to strengthen gains and i'm sure the international community would motivate any leader to start looking into BTC.
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