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Author Topic: why should we give a damn about Bitcoin?  (Read 1039 times)
denny27
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December 06, 2017, 08:17:36 AM
 #41

What do you think is needed to guarantee more wider acceptance?
Bitcoin is obviously like a future or a new way that can provide a way to earn money till nowadays.
I just hope the all governments of each countries can be regulating bitcoin, learn more about bitcoin and blockchain more deepen, until the whole of countries really can legalize bitcoin as a legitimate currency.
So I guess till now, the causes of not yet more wider acceptance.. yeah the governments of each countries, it still worried about the country's economic system and the risks that will be affect to the country. Hopefully everything is gonna be better.

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December 07, 2017, 06:24:05 AM
 #42

Lykke will help with that, but I don't think BTC is a good thing they way that works today. First is not decentralize anymore, is very centralized and few miners are in control, I don't trust them. Secondly is very vulnerable because is not running in every computer as Satoshi Nakamoto wanted, is running in few farms that can go down anytime and game will be over.
BTC is not anymore the anarchic coin, people find a way to make it "fiat"  or even worse actually..
I am not really sure if you are the owner of Lykke or you have some stake with this company but the way you have been vouching for them has really been crazy Grin. First and foremost, you really need to hear yourself first and the centralization issue.

Bitcoin is still as decentralized as it has always been and there is no way power has been given to miners, segwit2x maybe would have but for now, No. So, get your facts straight. Secondly, you cannot expect everything to always be the same and the same satoshi designed it to be that way.

You can go back to the books to find out, so if you missed mining with your PC when the number of miners were not much then, you sure do not have anyone to blame.

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December 07, 2017, 03:22:00 PM
 #43

Because bitcoin is a very usefull way to spend your free time because you can practice your ability to construct english and earn at the same time.
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December 08, 2017, 04:48:23 AM
 #44

Because bitcoin is a very usefull way to spend your free time because you can practice your ability to construct english and earn at the same time.
Yeah it is BTC for me is the best way to spend free time just hanging out chillin with your beer while bitcoining. I dont know why many people doesnt want to try joining this community many lives have changed due to this damn BTC.

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December 08, 2017, 05:12:47 AM
 #45

Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?
Bitcoin is far more better than any financial systems ever exist and this system is far more safer than fiat system. For some of us that thing bitcoin is risky should have a rethink as bitcoin has gained more profit and easy business all over the world. However, I see the fees as what will affect bitcoin price in future. Many online shop and gaming that are using bitcoin as a mode of payment are discontinued that because of the fees.
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December 08, 2017, 05:18:01 AM
 #46

In order for bitcoin to be widely accepted by people is that it need more news about how it can made online transaction much better, and how bitcoin can change someone life just by having sufficient amount of it.
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December 08, 2017, 05:37:50 AM
 #47

We should give a damn about bitcoin because its the only shortcut to get rich quickly within the short period of time. Risky, yes it is but talking about risk applies to every investments whether its digital or physical. Banks are robbing people and bitcoin is a good maybe not the best but it saves a lot of people lives from falling in line.
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December 08, 2017, 06:13:17 AM
 #48


bitcoin has a pretty fantastic price so why do we ignore it when we know that by finding bitcoin we have an extra income even if we know the ins and outs about how to get the critpo why should ignore them
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December 08, 2017, 06:14:56 AM
 #49

Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?
Where even more and so everything is clear and many have already plunged into this element. Someone came out earlier, somebody later but eventually everyone will understand that while the bitcoins are in volatility to recognize it as a currency and it does not make sense to calculate them.

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December 09, 2017, 10:52:30 AM
 #50

Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?
I don't think that we should say something/anything wrong about bitcoin Because the increase in the fee is a usual thing .
Here sometimes we can't see that from many people we accepted bitcoin and to how many we are sending that amount of bitcoin , input and output of bitcoin transaction , decides that what fees will needed , sonit you are not aware about this thing then see carefully another thing that the condition will remain same in the future ? My answer is ofcourse not because the team of the blockchain of bitcoin is looking to make improvement by changing 1 MB block by 2MB block with segwit2x in the incoming years , so not much fees we will needed to pay at that time , fee will be reduced to half  , So with these factors we can't say about bitcoin damn or anything that is not better for the future use in any industry .

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December 09, 2017, 11:27:07 AM
 #51

perhaps because the bitcoin can change in our future lives, it will be our life for the day and with bitcoin we can succeed with the unexpected.
Bitcoin has helped us and made it better so I think it's natural that we should care about bitcoin because bitcoin cares about us, our bitcoin's stupidity is to follow the work we are going to do and make money and we have to work well so bitcoin cares to we. so in my opinion should be mutual care and profitable.

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December 09, 2017, 12:03:18 PM
 #52

We surely give a damn about bitcoin because its changing so many lives in a short span of time. Bitcoin is giving hope to people who aim to have a work online with less stress. Because bitcoin can give you a chance to get rich in no time as long as you work on it. In botcoin you can start working without spending a single penny and be able to earn by doing like this. Because it is giving you the privedge in terms in paying or buying stuff.
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December 09, 2017, 12:57:29 PM
 #53

Because bitcoin is one of my livelihoods, so if we do not care about bitcoin then I will not benefit ... bitcoin is a digital currency that will replace other currencies in the future, so I care about bitcoin.

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December 09, 2017, 02:24:35 PM
 #54

Because bitcoin is a place to play a mine or money, for me, bitcoin pastas for us to maintain as the initial capital of online business, we work through the internet different again if we work in real world outside Crypto, I think will be different, bitcoin also do not look at who and what the person who participated in it, if in the real world today, if we do not have anything we will not be able to earn income, because of that I say that bitcoin hatus defended, for the future to come
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December 10, 2017, 02:16:03 AM
 #55

Can you give examples how it has made international transactions and businesses easier relative to other currency? If you speak about not registered businesses then this is thru, but in that case altcoins can also make it easier and I do not understand why you focus solely on bitcoin here.

I think only more mouth to mouth propaganda can guarantee more wider acceptance, because the system public press has no interest to inform about this revolution!
The media will do anything that brings them money, if bitcoin becomes too big and people want to hear from it they are going to  begin to transmit news about it and now that the money of big investors is coming to bitcoin then I have no doubt that we are going to hear a lot of bitcoin from the media, not everything is going to be positive but that is better than nothing.
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December 12, 2017, 07:10:25 AM
 #56

Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?

You must be new to the scene. Monero offers full anonymity vs Bitcoin's partial anonymity. Many altcoins like Litecoin have faster transaction times and lower transaction fees.

The best way to gain instant wider acceptance is for Bitcoin to progress to a point where most altcoins will be obsolete. I don't think Bitcoin can get fully anonymity at this point, but it could definitely match, if not outright outspeed other altcoins' transaction times with similar or even lower fees. People are only really holding on to altcoins because they're superior to Bitcoin in some way, but if Bitcoin reaches their level in that certain aspect, people are certain to dump.
Agreed, and with the level of support bitcoin has presently, if the scaling issue can be solved, I am pretty sure it is going to much more accepted than anyone can imagine.

Let's face one fact, government would have attacked bitcoin fully the more if it was fully anonymous, but it is a free and a huge world, which does not mean Monero being fully anonymous won't still always have their chance in the crypto world, but there is just so much for bitcoin than any other coin can beat right now.

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December 12, 2017, 07:18:34 AM
 #57

I think Bitcoin is more widely accepted, with the permission of the government and local leaders. Because they are the source of all things. If they accept Bitcoin as legitimate, it will be advertised and broadcasted everywhere, so many people will know it. In addition, it will be run into education, schools, children will be trained at a young age and it is the owner of the future. So, you need to make Bitcoin legal for the government

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December 29, 2017, 11:00:31 PM
 #58

The anonymity of bitcoin has its limits. In fact, with a strong desire, intelligence agencies can find user. One of the biggest owners of bitcoin is the government of the United States. They seized those bitcoins from the drug mafia. Did not help no anonymity. Every person leaves traces in the Internet and these traces can always be found.
Actually right now, bitcoin is just pseudo-anonymous and unless you have a way to cover your tracks maybe with the help of mixing services, it is not fully anonymous and anyone can be found if something illegal is done.

Most people know that bitcoin has really brought a lot of improvement in the ways we spend and have also helped us to gain back the freedom on limitations most governments of some countries have placed on us. A lot of people may just see bitcoin as an asset now, but there is just so much to it for it to gain wider acceptance.
I agree I do not know why people still have the idea that bitcoin is anonymous when just the concept of the blockchain means that everything you do is forever visible in the blockchain, anyone can see what transactions an address made and if you are somehow linked to that address then you are going to be forever linked to any transaction coming out and in.
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January 06, 2018, 11:33:35 AM
 #59

Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?

we need bitcoin because I'm sure bitcoin will change everyone's future.
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January 06, 2018, 11:35:57 AM
 #60

We still need bitcoin right now. Bitcoin is giving stability and credibility to other cryptocurrencies. Without bitcoin I think everything will fail and surely many investors won't like that.
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