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mrcash02
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June 01, 2017, 01:54:47 AM
 #21

Bitcoin won't be closed, that is impossible to happen... Some countries can ban it, so you can't use Bitcoins "theoretically", but I'm sure even if it happens, there will be some tricks to use Bitcoin in countries where it's forbidden, but if you want to use it safely you will need to move yourself to another country more "civilized", because countries that ban Bitcoin in my opinion aren't civilized...

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June 01, 2017, 02:00:28 AM
 #22

LEGALIZATION OF BITCOIN EVERYWHERE IN THE NEAR FUTURE

SAVE SAVE SAVE!!!
BITCOIN WILL SOON OVERTAKE BANKS AND OTHER NOTABLE CURRENCIES IN THE WORLD.
I HAVE SAVED UP TO ALMOST A 0.4 BTC AND STILL YEARNING FOR MORE THAN EVEN 1BTC.
BUT DOES ANYONE COME TO REALISE IF BITCOINS WILL BE CLOSED SO I DON'T INVEST ALL MY MONEY INTO BITCOINS?
First of all, some may think that the use of all caps to be annoying, so if you can, use them only when you want to give emphasis to something, now on topic, bitcoin has the potential to do so, but even if bitcoin is able to do that we should not expect that to happen any time soon, we mus be realistic about what bitcoin an do in the short term, the first thing we need is for segwit to get approved or some other method to speed the transactions.

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June 01, 2017, 04:51:12 AM
 #23

Bitcoin won't be closed, that is impossible to happen... Some countries can ban it, so you can't use Bitcoins "theoretically", but I'm sure even if it happens, there will be some tricks to use Bitcoin in countries where it's forbidden, but if you want to use it safely you will need to move yourself to another country more "civilized", because countries that ban Bitcoin in my opinion aren't civilized...

Countries that don't like bitcoin is perhaps a authoritarian regime and they don't want to bitcoiin to compete against their local currency. Another issue I saw is that they believed that bitcoin is being used for illegal purposes only like ponzi's, buying drugs in the dark web etc. Of course those citizens will always find a way to used bitcoin even if it is ban on their country. Bitcoin can't be stop because its a new revolution.

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June 01, 2017, 04:57:48 AM
 #24

LEGALIZATION OF BITCOIN EVERYWHERE IN THE NEAR FUTURE

SAVE SAVE SAVE!!!
BITCOIN WILL SOON OVERTAKE BANKS AND OTHER NOTABLE CURRENCIES IN THE WORLD.
I HAVE SAVED UP TO ALMOST A 0.4 BTC AND STILL YEARNING FOR MORE THAN EVEN 1BTC.
BUT DOES ANYONE COME TO REALISE IF BITCOINS WILL BE CLOSED SO I DON'T INVEST ALL MY MONEY INTO BITCOINS?

Is it the latest trend, ask one question in title, then give a view and then again change the view. Anyways of course Bitcoin will be accepted sooner by all countries it's a matter of if not when. No it won't ever come to an end, and if you want to earn more do some jobs, or sell your skills, or move to Japan they may donate you some satoshi's to make your rich lol. Op just relax and make merry with Bitcoins, the reason why no one is putting entire money in Bitcoin is we need Fiat for other expenses also. So wait for the bull run to begin again, I am positive it shall rise and make us rich again.

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June 01, 2017, 05:16:47 AM
 #25

Japan is currently the only country where the government have opened their doors to Bitcoin with little or no limitations. The rest of the world have crippled the technology with strict rules based on KYC/AML regulations. Some still have issues with it's definition as a currency or a commodity. ^hmmmmm^

India had a heated debate on the subject this week and Russia is still considering it's options.

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June 01, 2017, 05:17:01 AM
 #26

Bitcoin won't be closed, that is impossible to happen... Some countries can ban it, so you can't use Bitcoins "theoretically", but I'm sure even if it happens, there will be some tricks to use Bitcoin in countries where it's forbidden, but if you want to use it safely you will need to move yourself to another country more "civilized", because countries that ban Bitcoin in my opinion aren't civilized...

Countries that don't like bitcoin is perhaps a authoritarian regime and they don't want to bitcoiin to compete against their local currency. Another issue I saw is that they believed that bitcoin is being used for illegal purposes only like ponzi's, buying drugs in the dark web etc. Of course those citizens will always find a way to used bitcoin even if it is ban on their country. Bitcoin can't be stop because its a new revolution.

There are some set of people and say that bitcoin is being used in the illegal activities and implementing bitcoin in ponzi schemes like doubling or something. As bitcoin is legal in Japan, bills passed for bitcoin in Australia and Philippines, Some blockchain technology implementation is on  Dubai and palestine. These kind of the thinks will take bitcoin to moon.

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June 01, 2017, 05:19:04 AM
 #27

I agree, the number of countries who accepted bitcoins are increasing and this is a good signal for us to save bitcoin because the demand are increasing and maybe the supply cant handle it so the price will up soon. the future of bitcoin is clearly bright, lets be part of it.
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June 01, 2017, 05:22:31 AM
 #28

LEGALIZATION OF BITCOIN EVERYWHERE IN THE NEAR FUTURE

SAVE SAVE SAVE!!!
BITCOIN WILL SOON OVERTAKE BANKS AND OTHER NOTABLE CURRENCIES IN THE WORLD.
I HAVE SAVED UP TO ALMOST A 0.4 BTC AND STILL YEARNING FOR MORE THAN EVEN 1BTC.
BUT DOES ANYONE COME TO REALISE IF BITCOINS WILL BE CLOSED SO I DON'T INVEST ALL MY MONEY INTO BITCOINS?

Is it the latest trend, ask one question in title, then give a view and then again change the view. Anyways of course Bitcoin will be accepted sooner by all countries it's a matter of if not when. No it won't ever come to an end, and if you want to earn more do some jobs, or sell your skills, or move to Japan they may donate you some satoshi's to make your rich lol. Op just relax and make merry with Bitcoins, the reason why no one is putting entire money in Bitcoin is we need Fiat for other expenses also. So wait for the bull run to begin again, I am positive it shall rise and make us rich again.
There are a lot of "ifs" "ands" or "buts" related to having Bitcoin actually go on a meaningful bull run that isn't something like the stuff we've been seeing recently. There is a lot of speculation within the market and everyone just doesn't want to see the bubble pop. It isn't really being kept up by anything beyond that, since the demand seems to be only that of keeping it around the same value or getting it higher, and everyone is holding to see where it will go.
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June 01, 2017, 05:25:53 AM
 #29

Japan is currently the only country where the government have opened their doors to Bitcoin with little or no limitations. The rest of the world have crippled the technology with strict rules based on KYC/AML regulations. Some still have issues with it's definition as a currency or a commodity. ^hmmmmm^

India had a heated debate on the subject this week and Russia is still considering it's options.

australia and russia are enar to come to follow the same path as japan, other country will be left behind, besides we don't need all the country to accept bitcoin as a currency to have it go "to the moon"

if the strongest country or the most noteable acecpt it as a currency, increasing to 50k, or 100k would be a joke, even if now it sounds hard to do
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June 01, 2017, 08:04:12 AM
 #30

Yes it's the place to find the latest news from bitcoin itself.
Bitcoin will issue a price that we do not know,it's always a surprise.
He will solve the problem is finished, then more and more people who would join and adopt bitcoin.
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June 01, 2017, 08:57:05 AM
 #31

LEGALIZATION OF BITCOIN EVERYWHERE IN THE NEAR FUTURE

SAVE SAVE SAVE!!!
BITCOIN WILL SOON OVERTAKE BANKS AND OTHER NOTABLE CURRENCIES IN THE WORLD.
I HAVE SAVED UP TO ALMOST A 0.4 BTC AND STILL YEARNING FOR MORE THAN EVEN 1BTC.
BUT DOES ANYONE COME TO REALISE IF BITCOINS WILL BE CLOSED SO I DON'T INVEST ALL MY MONEY INTO BITCOINS?

With the conclusion that bitcoin is going places or as you put it that its travelling, I agree but the conclusion that it will replace national currency or cash is not something I would subscribe to because it cannot happen. Even with the advancement in the banking system which has evolved in a gradual process, and with emphasis on cashless policy in addition to several equipment and infrastructure deployed to aid this, cash is still very much paramount in the system and that's to say how long it will take bitcon which solely rely on the internet to make that a possibility.



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CasinoRoyal.one
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June 01, 2017, 09:09:42 AM
 #32

I'm looking forward to where Bitcoin ascends to once (if this is the solution chosen) SegWit2x comes on board in a couple of months.  We should then go back to seeing much faster transactions and hopefully lower fees.
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June 01, 2017, 09:21:39 AM
 #33

Yes I agree, that bitcoin is being accepted
on the different countries and we can see
that bitcoin will have a very great future.

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June 01, 2017, 09:32:56 AM
 #34

LEGALIZATION OF BITCOIN EVERYWHERE IN THE NEAR FUTURE

SAVE SAVE SAVE!!!
BITCOIN WILL SOON OVERTAKE BANKS AND OTHER NOTABLE CURRENCIES IN THE WORLD.
I HAVE SAVED UP TO ALMOST A 0.4 BTC AND STILL YEARNING FOR MORE THAN EVEN 1BTC.
BUT DOES ANYONE COME TO REALISE IF BITCOINS WILL BE CLOSED SO I DON'T INVEST ALL MY MONEY INTO BITCOINS?

What do you think what will happen to Bitcoin if Banks implement it? Do you think that we should go to a bank open an account for Bitcoin? Because if ever that happens i will stick to my online wallet instead of opening an account in Bank to use for Bitcoin because we all know that bank always gets a cut to our deposited money. And about Bitcoin closing no one can predict that.


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DoublerHunter
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June 01, 2017, 09:40:46 AM
 #35

LEGALIZATION OF BITCOIN EVERYWHERE IN THE NEAR FUTURE

SAVE SAVE SAVE!!!
BITCOIN WILL SOON OVERTAKE BANKS AND OTHER NOTABLE CURRENCIES IN THE WORLD.
I HAVE SAVED UP TO ALMOST A 0.4 BTC AND STILL YEARNING FOR MORE THAN EVEN 1BTC.
BUT DOES ANYONE COME TO REALISE IF BITCOINS WILL BE CLOSED SO I DON'T INVEST ALL MY MONEY INTO BITCOINS?
You should just continue saving bitcoin because the legalization of bitcoin is keep coming and more and more countries are now accepting bitcoin to their country and some of the government already made bitcoin as  a legal currency so expect more demand in the market that can make the price even higher so saving at least 1 bitcoin for the future is still a smart idea.

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June 01, 2017, 10:04:15 AM
 #36

LEGALIZATION OF BITCOIN EVERYWHERE IN THE NEAR FUTURE

SAVE SAVE SAVE!!!
BITCOIN WILL SOON OVERTAKE BANKS AND OTHER NOTABLE CURRENCIES IN THE WORLD.
I HAVE SAVED UP TO ALMOST A 0.4 BTC AND STILL YEARNING FOR MORE THAN EVEN 1BTC.
BUT DOES ANYONE COME TO REALISE IF BITCOINS WILL BE CLOSED SO I DON'T INVEST ALL MY MONEY INTO BITCOINS?

What do you think what will happen to Bitcoin if Banks implement it? Do you think that we should go to a bank open an account for Bitcoin? Because if ever that happens i will stick to my online wallet instead of opening an account in Bank to use for Bitcoin because we all know that bank always gets a cut to our deposited money. And about Bitcoin closing no one can predict that.
Being obsolete might be the proper term, but with bitcoin facing healthy competition from some altcoins, chances are the development team are going to do their best to keep bitcoin the top crypto currency available. I am not so keen on banks offering bitcoin, because that would simply mean another layer in which transactions has to go through. Another layer means more time it takes for every transaction and might even mean more expenses at slower transaction speeds.
Farcoin12
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June 01, 2017, 10:47:11 AM
 #37

LEGALIZATION OF BITCOIN EVERYWHERE IN THE NEAR FUTURE

SAVE SAVE SAVE!!!
BITCOIN WILL SOON OVERTAKE BANKS AND OTHER NOTABLE CURRENCIES IN THE WORLD.
I HAVE SAVED UP TO ALMOST A 0.4 BTC AND STILL YEARNING FOR MORE THAN EVEN 1BTC.
BUT DOES ANYONE COME TO REALISE IF BITCOINS WILL BE CLOSED SO I DON'T INVEST ALL MY MONEY INTO BITCOINS?
Well that is basically my plan. I have been trying to save my Bitcoin for a very long time and now I almost have a Bitcoin. I am still buying and trading so that I can earn even more Bitcoin. However, I have invested in some other stocks and altcoins so that all my eggs aren't in one basket.

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June 01, 2017, 10:47:45 AM
 #38

I utmostly agree with you. Even in my country, the rate at which it is moving within families like virus is amazing. Now, everyone is getting obsessed with bitcoin. The only thing I am looking forward to now is the country legalising it. If all countries start legalising, I am sure the value will skyrocket like something else and most of us will smile.

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June 01, 2017, 10:54:03 AM
 #39

LEGALIZATION OF BITCOIN EVERYWHERE IN THE NEAR FUTURE

SAVE SAVE SAVE!!!
BITCOIN WILL SOON OVERTAKE BANKS AND OTHER NOTABLE CURRENCIES IN THE WORLD.
I HAVE SAVED UP TO ALMOST A 0.4 BTC AND STILL YEARNING FOR MORE THAN EVEN 1BTC.
BUT DOES ANYONE COME TO REALISE IF BITCOINS WILL BE CLOSED SO I DON'T INVEST ALL MY MONEY INTO BITCOINS?

Banks are not a currency.

I think you just need to be active these days so you can be updated on what is happening, there are some controversies about the upcoming month of August about UASF, there are a lot of predictions about these and we still don't know what might happen.

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June 01, 2017, 11:17:54 AM
 #40

Just can't imagined how come others want bitcoin to replaced banking industry or directly the fiat currencies.

Ok there are negative banks issue generally but not as a whole. Diidn't they know that banking industry helps people in many ways?Can bitcoin do all banks can do? Of course not since it's a currency so I will transfer the concern to bitcoin exchanges or institutions. It's really good that bitcoin increases it price over time but to think that bitcoin will overtake all currencies is too much. Just take advantage of what we have today.

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