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Author Topic: Bitcoin is making admirable progress!  (Read 1116 times)
Owen7021990 (OP)
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April 24, 2018, 07:39:00 AM
 #1

Many orthodox media at this time are spreading information about Bitcoin's record-breaking price, that Bitcoin will soon be wiped out and forgotten. However, in contrast to Bitcoin's "death penalty" scenario, it is possible to spot positive signals in recent meetings and comments from financial experts when it comes to the technological foundation behind the currency.

In an interview with Bloomberg, Mark Carney, the Governor of the Bank of England said that Bitcoin was a failure of the monetary system. However, he acknowledged that Bitcoin acted as a guideline in many respects. edge of social life.

Carney also said the currency was a challenge for central banks and supervisors of the payment and market system. Hofrichter, head of global economics and strategy at Allianz Global Investors, also emphasized that we should separate Blockchain from the weaknesses of Bitcoin and other currencies in the current context.


It is undoubtedly that blockchain technology (or decentralized ledger) has significant potential - at least the ability to save the cost of managing transactions and networking to the maximum. This promotes a range of financial institutions, including central banks, to learn more about Blockchain and its practical application platforms - including the conduction of financial transactions.

So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground. From this perspective, beside price fluctuations, the limitation in scalability is Blockchain's biggest barrier.

PsylockReborn
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April 24, 2018, 07:45:35 AM
 #2

Many orthodox media at this time are spreading information about Bitcoin's record-breaking price, that Bitcoin will soon be wiped out and forgotten. However, in contrast to Bitcoin's "death penalty" scenario, it is possible to spot positive signals in recent meetings and comments from financial experts when it comes to the technological foundation behind the currency.

In an interview with Bloomberg, Mark Carney, the Governor of the Bank of England said that Bitcoin was a failure of the monetary system. However, he acknowledged that Bitcoin acted as a guideline in many respects. edge of social life.

Carney also said the currency was a challenge for central banks and supervisors of the payment and market system. Hofrichter, head of global economics and strategy at Allianz Global Investors, also emphasized that we should separate Blockchain from the weaknesses of Bitcoin and other currencies in the current context.


It is undoubtedly that blockchain technology (or decentralized ledger) has significant potential - at least the ability to save the cost of managing transactions and networking to the maximum. This promotes a range of financial institutions, including central banks, to learn more about Blockchain and its practical application platforms - including the conduction of financial transactions.

So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground. From this perspective, beside price fluctuations, the limitation in scalability is Blockchain's biggest barrier.



Bitcoin may fail when it comes to its usage as a currency but it is undeniably a very good store of value. We might experience fluctuations but as what the market shows about bitcoin's performance, it will always find its way to go to the top and now one of the most trustworthy project to invest your money in despite the volatility of its value.

The National Bank of Dubai (NBD), one of the largest banking groups in the Middle East by assets volume, has reportedly become the first bank in the region to successfully implement Blockchain technology in a check-issuance system to prevent fraud. This innovation helps banks to fully function well and improve their service by altering fraud that's been happening for decades. https://cointelegraph.com/news/major-uae-bank-implements-blockchain-tech-to-prevent-check-fraud

The government can't just kill bitcoin instantly, because bitcoin introduced the most awesome innovation which is blockchain and this technology has still so much to offer in the future.
sammyp
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April 24, 2018, 07:56:21 AM
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I get the inspiration to work harder and own at least one bitcoin anytime a leader admits the loopholes in the banking system. I get the feeling that they will soon start recognizing bitcoin and the blockchain as the only ways to provide better services. I like Mark Carney’s thoughts about the prospects of the blockchain.

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RichardTall
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April 24, 2018, 09:00:45 AM
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So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground.

I believe in the development of Bitcoin, blockchain and digital money.  But the mentality of the participants in the investment will soon lose control when prices fall.  An understandable.
Valer4ik
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April 24, 2018, 09:18:48 AM
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I estimate the breakeven point for large mining pools of $ 8,600, even if we assume a very low cost of electricity ($ 0.03 kWh). Therefore, I believe that the demand for equipment for mining bitkoyna will fall as the value of the asset decreases
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April 24, 2018, 09:25:57 AM
 #6

Tim draper says it is bigger than the industrial revolution, I certainly agree with him, money and exchange has always been one of the most important thing throughout history. It will be bigger for sure.

SMD.Shuvo
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April 24, 2018, 09:38:58 AM
 #7

I did not know anything about Bitcoin at one time. Slowly, I started working on the Internet and learned about the precious bitcoin. After many attempts I have done many things, I am the owner of Bitcoin, it is my pride. I did a lot of trouble at one time. Now I am earning a lot of money through this Bitcoin and I can walk well.
longwintershere
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April 24, 2018, 09:40:27 AM
 #8

Many orthodox media at this time are spreading information about Bitcoin's record-breaking price, that Bitcoin will soon be wiped out and forgotten. However, in contrast to Bitcoin's "death penalty" scenario, it is possible to spot positive signals in recent meetings and comments from financial experts when it comes to the technological foundation behind the currency.

In an interview with Bloomberg, Mark Carney, the Governor of the Bank of England said that Bitcoin was a failure of the monetary system. However, he acknowledged that Bitcoin acted as a guideline in many respects. edge of social life.

Carney also said the currency was a challenge for central banks and supervisors of the payment and market system. Hofrichter, head of global economics and strategy at Allianz Global Investors, also emphasized that we should separate Blockchain from the weaknesses of Bitcoin and other currencies in the current context.


It is undoubtedly that blockchain technology (or decentralized ledger) has significant potential - at least the ability to save the cost of managing transactions and networking to the maximum. This promotes a range of financial institutions, including central banks, to learn more about Blockchain and its practical application platforms - including the conduction of financial transactions.

So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground. From this perspective, beside price fluctuations, the limitation in scalability is Blockchain's biggest barrier.



bitcoin is making progress although it's being overlooked because of the nature of the community where people want to make quick money. The truth is that bitcoin is getting closer to normal people thanks to upcoming regulations that are being created.

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andreevaviktoriy77
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April 24, 2018, 12:43:54 PM
 #9

The market remains dependent on regulatory activity in major trading markets, such as India and NAS, the Cointelegraph is additionally reported during the week when press attention related to the progress of India and the United States contributed to volatility.

In social networks, traders and commentators are reversing the fate of Bitcoin, which began seriously by the weekend, before support broke down above $ 9,000.
Denker
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April 24, 2018, 12:48:46 PM
 #10

Many orthodox media at this time are spreading information about Bitcoin's record-breaking price, that Bitcoin will soon be wiped out and forgotten. However, in contrast to Bitcoin's "death penalty" scenario, it is possible to spot positive signals in recent meetings and comments from financial experts when it comes to the technological foundation behind the currency.

In an interview with Bloomberg, Mark Carney, the Governor of the Bank of England said that Bitcoin was a failure of the monetary system. However, he acknowledged that Bitcoin acted as a guideline in many respects. edge of social life.

Carney also said the currency was a challenge for central banks and supervisors of the payment and market system. Hofrichter, head of global economics and strategy at Allianz Global Investors, also emphasized that we should separate Blockchain from the weaknesses of Bitcoin and other currencies in the current context.


It is undoubtedly that blockchain technology (or decentralized ledger) has significant potential - at least the ability to save the cost of managing transactions and networking to the maximum. This promotes a range of financial institutions, including central banks, to learn more about Blockchain and its practical application platforms - including the conduction of financial transactions.

So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground. From this perspective, beside price fluctuations, the limitation in scalability is Blockchain's biggest barrier.



Yeah yeah I've read this nonsense probably a hundreds times now. "Blockchain GOOD, Bitcoin BAD!"  Cheesy
What do you expect the bankers to say in the public?  Wink
I'm pretty sure the smart ones already bought a shitload of Bitcoin and are hoarding it.
Blockchain itself is not very revolutionary.
Watch a few videos by Andreas Antonopoulos and then you'll understand why Bitcoin is so special and not a failure!
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April 24, 2018, 12:57:12 PM
 #11

Many orthodox media at this time are spreading information about Bitcoin's record-breaking price, that Bitcoin will soon be wiped out and forgotten. However, in contrast to Bitcoin's "death penalty" scenario, it is possible to spot positive signals in recent meetings and comments from financial experts when it comes to the technological foundation behind the currency.

In an interview with Bloomberg, Mark Carney, the Governor of the Bank of England said that Bitcoin was a failure of the monetary system. However, he acknowledged that Bitcoin acted as a guideline in many respects. edge of social life.

Carney also said the currency was a challenge for central banks and supervisors of the payment and market system. Hofrichter, head of global economics and strategy at Allianz Global Investors, also emphasized that we should separate Blockchain from the weaknesses of Bitcoin and other currencies in the current context.

You don't have to look further. Even IMF's Christine Lagarde, already put crypto currencies to the limelight again. If you are going to read her blog, (https://blogs.imf.org/2018/04/16/an-even-handed-approach-to-crypto-assets/), she put a lot of good valid points, so I believed that it has somewhat stirred some confidence in crypto investors to pour cash into the ecosystem that's why we are in climbing the ladder so to speak.

It is undoubtedly that blockchain technology (or decentralized ledger) has significant potential - at least the ability to save the cost of managing transactions and networking to the maximum. This promotes a range of financial institutions, including central banks, to learn more about Blockchain and its practical application platforms - including the conduction of financial transactions.

Blockchain will really change the landscape of different industries globally including banks. Just ironic though that banks are afraid of bitcoin but adopting the technology behind it.

So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground. From this perspective, beside price fluctuations, the limitation in scalability is Blockchain's biggest barrier.



Good advise. But you have to understand that there are a lot of newbie investors and they can't really help it seeing their portfolio being down in the last couple of months. So they just decided to sell everything and get out and their dreams shattered. LOL. Scalability is a hot topic ever since, but bitcoin still exist. Let's see how everything pans out when LN is implemented.

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Xester
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April 24, 2018, 12:58:44 PM
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Anyway we must not be concerned by what the central banks are saying since it is bitcoin that gives us income and not the central bank. Though the central bank holds authority in the field money and currency but if people will no longer trust fiat currency then the central bank will have no choice but also to accept that currency which the people deemed the most.
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April 24, 2018, 01:11:28 PM
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Bitcoin is really Appreciating now, a spontaneous increase within a week.
DavidUS
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April 25, 2018, 03:36:59 AM
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The price of Bitcoin on the current coinmarketcap is $ 9,695.15!
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April 25, 2018, 03:37:38 AM
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The price of Bitcoin on the current coinmarketcap is $ 9,695.15!




Pretty cool. The market is settling down and stabilizing
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April 25, 2018, 06:13:26 AM
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I have been watching the cryptocurrency market for a long time and regularly. I see that the price of bitcoin is starting to increase again. And most likely it won't play for at least six months.  In addition, in the long term, the price of bitcoin has always been and will continue to rise.
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April 25, 2018, 06:34:03 AM
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I agree and believe that we do not worry about the bitcoin situation now that now the bitcoin price is decreasing it will be going to rise again, because I also believe the bitcoin price will go up and up, because bitcoin is a blockchain technology has advantages from various things like security and the ease for users to make transactions anywhere and have the speed of transactions in comparison with others and do not know the time bates is in my opinion and hopefully bitcoin and growing. Thank you
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April 25, 2018, 06:38:36 AM
 #18

I get the inspiration to work harder and own at least one bitcoin anytime a leader admits the loopholes in the banking system. I get the feeling that they will soon start recognizing bitcoin and the blockchain as the only ways to provide better services. I like Mark Carney’s thoughts about the prospects of the blockchain.




Bitcoin is a one of a kind discovery. This could really change the whole world in terms of babking and finance. This poses a lot of opportunities and also welcomes a new phase of technology. Blockchain has been doing a great job ever since.
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April 25, 2018, 06:46:41 AM
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The most amazing thing about the bitcoin is that it's boosting a lot of startups and new technologies to develop
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April 25, 2018, 07:01:50 AM
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The central bank has warned about Bitcoin. But Bitcoin continues to grow stronger, with prices stable and rising again. With Bitcoin technology increasingly upgraded, sooner or later the central bank will not be the choice in dealing with people. Central banks will have to improve to accept the existence of Bitcoin in the financial sector.
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