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Author Topic: Bitcoin is making admirable progress!  (Read 1107 times)
Jordens
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June 17, 2018, 08:49:03 PM
 #121

Bitcoin has great prospects and indeed investing in bitcoin can not be called bad or meaningless. Maybe soon banks and governments will start taking blockchain seriously.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Blessed J
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June 17, 2018, 09:02:15 PM
 #122

Bitcoin's progress over the years have been amazing despite the negative news people spread about bitcoin. As at now bitcoin is ranked among the top 6 currencies in the world  and this is an amazing achievement so far. Many good news keeps coming in and this is a sign of great things to come. The market now is good to buy and I'm not missing this opportunity to buy more.
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June 17, 2018, 09:05:45 PM
 #123

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.
Great.
brownaxe20
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June 17, 2018, 09:12:09 PM
 #124

Certainly bitcoin have made a great progress. It created a lot of opportunities not only for people who are unemployed but to many who have become rich while investing on bitcoin. Nothing is more admirable than the help it did. While it was true that it was often affected by news and events that causes FUD, it manages to withstand all these because people believe in it. Even if market is down I surely believe in what you said bitcoin will grow back in value.
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June 17, 2018, 09:18:50 PM
 #125

But price still dumping like crazy, bitcoin need revert this scene.
From december to june, it is already -70%, it is a huge price crash, some people believe that the big players are manipulating the price.

Some traders believes that bitcoin can decrease at $2k and after that would do a reversal.
nieninja53
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June 17, 2018, 09:28:47 PM
 #126

Yes Bitcoin is making admirable progress that is shown in pump of bitcoin when any news effecting or after down price heavily buyers move to buy and the price again pumping and profit chances again shining,
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June 19, 2018, 12:00:39 PM
 #127

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.


I completely agrees with the title of your post, no doubt bitcoin has made such a admirable progress and has always being capable of helping the needy by providing employment to millions of people and reducing the poverty to very great extent. If we look at the condition of bitcoin since year 2008 , the day when it was introduced and when it was unknown to everyone and the year 2018 when people fear that their money could not be drown, this statement simply defines the admirable progress of bitcoin.
kavabanga07
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June 27, 2018, 10:14:34 PM
 #128

Bitcoin is inda house damn. When it gona fall someone knows? I'm waiting 4800 so hard. Technically btcusd still bearish, but that falt OMG.
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June 30, 2018, 07:31:06 PM
 #129

When you look at the rate at which bitcoin is progressing the validity of the statement becomes true, bitcoin is exponentially increasing in value since 2009 from a few cents in value to 6500 us dollars as of today, it controls 150 billion USD worth of market capitalization and is the sixth largest currency in the world.
markint
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July 01, 2018, 03:48:38 PM
 #130

Of course, I still believe that the best times of bitcoin are still to come, and in fact the first ten years that have passed since its invention have been no more than its testing stage, its stage of embryonic development and its true leap to mainstream is just to come.

Therefore, all those who have just approached this ecosystem can still be called lucky pioneers, because in ten years when the bitcoin will be present in most of the economic processes of the world and its price will be over one million dollars, many will regret not having bought now, thinking that $10,000 was already a very high price.
ejswift
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July 01, 2018, 03:56:18 PM
 #131

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.


yes it is awesome and so interesting many people is happy because of what they get from their profit but right now mny people complain becayse of the bitcoins price right now

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July 01, 2018, 04:25:13 PM
 #132


In order to keep the value of coins growing, several important events should occur - Bitcoin should trade above psychologically important marks, investors start to show interest in crypto-currencies again, and the governments of large countries finally decide on the legal basis for the industry.

Well I don't think any of that is happening at the moment though. Bitcoin is struggling to stay above support points and has mainly been feeding bears most of this year. Government legalization will be a big challenge and I think will take quite a bit of time.
it may take longer for bitcoin to be legalized by the government. because of course the government will see many things. like the needs of their community. if their society is don't too need of course government will not do legalization yet. then mass adoption is also important.
Deubila
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July 01, 2018, 10:53:30 PM
 #133

Of course, I still believe that the best times of bitcoin are still to come, and in fact the first ten years that have passed since its invention have been no more than its testing stage, its stage of embryonic development and its true leap to mainstream is just to come.

Therefore, all those who have just approached this ecosystem can still be called lucky pioneers, because in ten years when the bitcoin will be present in most of the economic processes of the world and its price will be over one million dollars, many will regret not having bought now, thinking that $10,000 was already a very high price.
I find that low trading volume is causing concern for speculators because this is seen as a sign that the market is approaching its peak; That is, the growth will be very short. So investors should be prepared for themselves.
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July 01, 2018, 11:42:47 PM
 #134

yes it is true, somehow the rulers of the economy think that bitcoin currency is one of the fatal mistakes in its financial system, whereas we know that bitcoin currency is launching some changes, not just economic development but more right in the field of this technology and the many positive effects of the currency.
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July 01, 2018, 11:50:48 PM
 #135

Iv always believed in Bitcoin no matter the situation and the condition it is in, This is a very volatile market and anything can happen, thats what we expect and accordingy adjust to it, Bitcoin has struggled in the recent past but i believ we have not seen the last of it yet
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July 02, 2018, 01:14:22 AM
 #136

As a new investment instrument, bitcoin shocking many peoples in the world. In short period, bitcoin price rising and reach $19k in just 8 years and i am believe bitcoin can reach as predicted by many analys and reach $60k end this year
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July 02, 2018, 01:26:41 AM
 #137

Even if bitcoin drop its values it can still manage to comeback to the market, thats one of the things that bitcoin never really disappoints with that, i am completely agree with you that bitcoin is making an admirable progress towards coming back to its high market value
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July 02, 2018, 01:35:02 AM
 #138

I agree that bitcoin is here to stay. As the first cryptocurrency, it has the first-mover advantage, so any time people talk about cryptocurrencies they talk about bitcoin. As the cryptocurrency with the strongest brand name, it has the biggest community of users. Bitcoin will not just disappear.
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July 02, 2018, 01:40:31 AM
 #139

Yes this statement is true, and i believe that the bitcoin industry will be an admirable progress, somehow many persons now is in this kind of investment and surely many to come up as days comes, and by this the bitcoin will probably innovates such that it will be use as currency to the stores and malls in paying bills.
auliani2000aa
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July 02, 2018, 02:57:51 AM
 #140

Bitcoin's currency is increasingly recognized by financial institutions and economists. Basically they continue to see as an attack on the systems they have and against the currency of cryptocurrency. yes at this time they must accept or admit, because the very superiority of a blockchain technology in this moren era and this will be a bitcoin currency becomes more valuable. Bitcoin really brings awareness to all countries and financial institutions will take advantage of it.
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