10 years and no country has approved Bitcoin ??

[First77]

Based on your above comment about thinking gold is a good investment sums you up.
We are not here to make 2% a year, let the millionaires play with that.

Russia and China are buying tonnes and tonnes of Gold.   

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[bit-freedom]

Japan has approved bitcoin and hundred of stores are accepting bitcoin as mode of payment. The other countries are trying to regulate crypto, which means to say crypto have chances of getting approved.

[SantoshSoma]

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

Bitcoin is Approved in Japan and Russia and we will have plenty of opportunities for Bitcoin in 2018

[Crystacool]

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

I don't agree with you. Now countries accept bitcoin. Like Israel, Japan. In Japan, the government has acknowledged bitcoin's legitimacy and encouraged people to trade in bitcoins.

[Bolt Brownie]

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

I think that Japanese would disagree with you, and the same thing goes for a lot of other countries. Regulation still has a long way to go, and yes full adoption didn't happen in any country, but bitcoin is welcome in a lot of countries, where you can even pay your taxes with it, or receive part of your salary in bitcoin.

The adoption rate is of course slow, but that is perfectly acceptable if you consider that the real boom in terms of awareness happen during 2017. We now have to wait on technological and regulation developments so that a bigger adoption might happen. But things are getting done, and I do believe that when it happens it will be a huge boom, just like it was in 2017. Things take time to develop, but once they hit a "ready state" they explode.

[preshpr1nce]

Based on your above comment about thinking gold is a good investment sums you up.
We are not here to make 2% a year, let the millionaires play with that.

Russia and China are buying tonnes and tonnes of Gold.   

So what? do China and Russia really think they can re-enforce a gold backed currency again? we will see WW3 before this happens, not only that it would require a currency reset, most countries have over 10x more fiat than gold, few examples:

China = 1850 tons of gold, price per ton = $64.3 million, current total of gold in $$$  = $118,955,000,000. Chinese GDP = $11,200,000,000,000
Russia = very similar gold supply to China but about 1.2 trillion GDP
USA = $261,600,000,000 in gold supplies, GDP of $18,570,000,000,000

We've not been gold backed for a very long time and it won't happen, it's never worked and to go back to it would cause issues far past your imagination, on top of that the simple reason America puts so much in to it's military is to keep it's economical power in place... this to them is far more valuable than paying off debt.

On top of that, we are here for investments and profit, gold is one of the worst investments for profit out there, it's stable but terrible for gains.

Your simple views don't make things a reality.. you're just a guy with simple views and too high in confidence mate, relax on the FUD and go learn a thing or two

[Avity]

Bitcoin is not illegal in the USA.  This means it is accepted.  Even the US government has made money selling bitcoins... how does this mean it is not accepted???  Please clarify yourself because your first statement seems to be very wrong indeed.

Second.  Warren buffet is invested in traditional investments that have made him who he is today.  If bitcoin raises this would hurt his investments by pulling money out of traditional fiat investment into crypto.  Of course he would not support it at this time because he is entrenched in the old generation that made loads of money and wants that to continue so that they don't have to learn something new.

Secretly though I doubt Warren Buffet is that ignorant to skip out on an invest that has yielded more gains than any other investment throughout recorded history.  I bet his is investing just like JP Morgan, the US Government and all the others.

Don't believe the news.  Believe common sense, and invest in Bitcoin.

[onnz423]

10 years on and most countries have approved bitcoin to some degree, nearly every country has taxation rules for bitcoin, and very few have banned it. That is the equivalent of being accepted/approved in these countries. Are you expecting governments to replace their national current with bitcoin? Because that's never going to happen, as it removes the control the government requires to maintain control of its citizens and collect taxes.

[First77]

On top of that, we are here for investments and profit, gold is one of the worst investments for profit out there, it's stable but terrible for gains.Your simple views don't make things a reality.. you're just a guy with simple views and too high in confidence mate, relax on the FUD and go learn a thing or two

800% profit every month for 9 years for Bitcoin is profit. ahhhh ??  That's ponzi scam

[Bigcoin_Holder]

BTC don't need any country eccept because it decentralization and privacy!

[First77]

BTC don't need any country eccept because it decentralization and privacy!

Look at $2 Billion scam in Indian banks last week. A billionaire and big companies did the scam.

HSBC was involved in $100,000,000,000 money laundering.

Those could be "rich scammers" who are buying Bitcoin at $3000 and pushing the price up fraudently.

[First77]

Bitcoin is not illegal in the USA.  This means it is accepted.  Even the US government has made money selling bitcoins... how does this mean it is not accepted???  Please clarify yourself because your first statement seems to be very wrong indeed.

If any major terrorist attack gets funded by Bitcoin use due to decentralization and anonymity, it's GAME OVER

Terror group ISIS, ISIL, Al-Qaeda have some 20 countries.

[Slow death]

"Warren Buffet" said "bitcoin will end up badly"

he gave his opinion as well as you can give his opinion on anything, I think exaggerated the fact that many news channels take very seriously the opinion of some people, it reaches the point of the price of bitcoin fall only because some People said that the price will be zero dollar at the end of the year... unbelievable that people do not analyze that nobody has super powers to make price forecasts with 100% certainty

If any major terrorist attack gets funded by Bitcoin use due to decentralization and anonymity, it's GAME OVER

well, they have been fighting terrorism for years and what I find impressive... but blaming bitcoin would be a big exaggeration

[Tuesto]

My opinion is that for 10 years the reason for the country not to approve the bitcoin because It is afraid that their country's currencies will depreciate.

[First77]

well, they have been fighting terrorism for years and what I find impressive... but blaming bitcoin would be a big exaggeration

A bigger attack than 9/11 attack, where will $5,000 for one Bitcoin come from ?

[drukoz2]

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??   

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

Why do you think that no country has approved bitcoin? Read more carefully Google. Countries have a lot. For example Belarus, Japan and others.

[Martinsciano]

You know the saying "Rome was not built in a day", that's exactly what i'll liken Bitcoin to, 10 years is still not enough to convince a whole country about new technology especially when it gets to deal with finances but as time progresses, countries will see reasons to adopt the technology just as Japan and other countries have started doing....

[Serdaldal]

Bitcoini is trying to get rid of the country very little, but Bitcoin is a self-sustaining currency, and very soon all countries will accept it, so I would like to invest in friends and make a good investment.

[Dreamchaser21]

Bitcoin is not illegal in the USA.  This means it is accepted.  Even the US government has made money selling bitcoins... how does this mean it is not accepted???  Please clarify yourself because your first statement seems to be very wrong indeed.

If any major terrorist attack gets funded by Bitcoin use due to decentralization and anonymity, it's GAME OVER

Terror group ISIS, ISIL, Al-Qaeda have some 20 countries.

Yes bitcoin can be use for that purpose but who funded the terrorist 10years ago? I think its not good to pin point this kind of situation to cryptocurrency cause I believe well known people support at least one terrorist for their protection. We cannot stop that anymore accept it. Cryptocurrency are still not recognized as legal in many countries though its accepted but not fully legal.

[First77]

Yes bitcoin can be use for that purpose but who funded the terrorist 10years ago? I think its not good to pin point this kind of situation to cryptocurrency cause I believe well known people support at least one terrorist for their protection. We cannot stop that anymore accept it. Cryptocurrency are still not recognized as legal in many countries though its accepted but not fully legal.

3 years back, ISIS Bitcoin account had $3,000,000. Now it must be $30 million to $60 million in ISIS's account from Bitcoin = $10,000

Let's say ISIS has $50 million Gold. 10% profit would put it at $60 million.

Anonymity and 1000% profit, Bitcoin can be very dangerous