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Smarty14392
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July 05, 2018, 06:42:05 PM |
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What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers
For sure Bitcoin will become a worlds digital currency and will be used all over the world. Many people are taking interest in Bitcoin due to its high profits and value. It is the most stable currency in the crypto market and has a large number of users all arounf=d the world. Surely Bitcoin will be highly demanded digital currency in the future. |
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richardsNY
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July 05, 2018, 10:40:04 PM |
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I've heard that til 2021 the last bitcoin would be mined, and then I suppose we would get rid of those problems that you have listed here, but till that time, we can only manage those.
Nope. The last satoshis will be mined somewhere in 2140 and we all with a very high probability won't be able to see the shift from block subsidies to complete transaction fees. I would love to see it happen, but we don't even know if Bitcoin or crypto in general is still a thing by that time. I believe that if Bitcoin & co at some point are replaced, then it's not coming from other crypto currencies, but from a whole different technology doing everything in a far better way. I strongly hope that lightning network will work as we all hope it will work, because that helps the blockhain to remain relatively small even when we're decades away from now. |
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jaysabi
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July 10, 2018, 09:28:46 PM |
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I've heard that til 2021 the last bitcoin would be mined, and then I suppose we would get rid of those problems that you have listed here, but till that time, we can only manage those.
Nope. The last satoshis will be mined somewhere in 2140 and we all with a very high probability won't be able to see the shift from block subsidies to complete transaction fees. I would love to see it happen, but we don't even know if Bitcoin or crypto in general is still a thing by that time. I believe that if Bitcoin & co at some point are replaced, then it's not coming from other crypto currencies, but from a whole different technology doing everything in a far better way. I strongly hope that lightning network will work as we all hope it will work, because that helps the blockhain to remain relatively small even when we're decades away from now. The block rewards will be made up of mostly transaction fees for a very long time before the actual last satoshis are mined. There are two things working together to make transaction fees take up a larger and larger portion of the block rewards over time. The first is the continual halving of the block rewards and the genesis of new coins through this process. The second is rising transactions and the corresponding rise in transaction fees. If the last satoshis will be mined in the 2140s, the transaction fees will constitute the majority of the block rewards for decades prior to that, if Bitcoin remains viable that long. |
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Sergio444
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July 10, 2018, 11:00:34 PM |
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You know it will be very difficult to sole these problems without the expert knowledge of the developer of this bitcoin. Energy consumption, slow transactions are more technical to deal with lets leave it to the expert. As for the issue of governments not accepting or banning bitcoin, this has to do with the fact that speculations are going round the world that bitcoin is used to fund terrorism.
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Tozi
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sunxcoin.com - crypto/Fiat exchange ecosystem
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July 10, 2018, 11:00:54 PM |
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BTC is now one of the most popular currencies in the world.Many people want to get into busniess with him.The value of the BTC is constantly changing, which is very good.Many people all over the world are constantly following the stock market, because their financial situation depends to some extent on that.
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samcrypto
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Vave.com - Crypto Casino
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July 10, 2018, 11:13:40 PM |
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BTC is now one of the most popular currencies in the world.Many people want to get into busniess with him.The value of the BTC is constantly changing, which is very good.Many people all over the world are constantly following the stock market, because their financial situation depends to some extent on that.
The price right now is quiet dumping again, but still the whole technology of bitcoin really makes a different. Yes, many big businesses now are wants to adopt the whole blockchain technology, and for sure bitcoin is one of them. Lets wait for more years and this dream will become reality. |
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Nunoluck
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July 10, 2018, 11:48:51 PM |
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What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers
How do you know that bitcoin transactions speed is slow? Only need a few minutes to send bitcoin anywhere in the world. If bitcoin consume a lot of energy then bank system and other remittance agencies are spend a lot of energy and also money to complete every transactions for their customers. |
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tubig123
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July 10, 2018, 11:54:56 PM |
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Bitcoin is a big value for all consumers who join us like this but the main reason is the cooperation of a team such as the value is too much changing day and day the technology is not gain if it will be continued for this coming many years.
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Ronaldcoin2017
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July 11, 2018, 02:09:28 AM |
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What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers
How do you know that bitcoin transactions speed is slow? Only need a few minutes to send bitcoin anywhere in the world. If bitcoin consume a lot of energy then bank system and other remittance agencies are spend a lot of energy and also money to complete every transactions for their customers. Bitcoin value spends on the volume of the investors in a market place it really depends on the. Volume of users and it popularity. So then I believe that the bitcoin will soon rise because of its amazing past growing economy it will really become more trend and more profitable in the near future so let's hold it in this huge di. |
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jcarlo
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July 11, 2018, 05:45:53 AM |
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What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers
I dont think cryptocurrency is game from whales. Its real market with real peoples involve. Bitcoin just 9 years old and i think bitcoin have much time to grow and having regulation. Government must be considering bitcoin if many peoples transaction using bitcoin |
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bitcoinerjawa
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July 11, 2018, 06:11:39 AM |
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bitcoin values occur when there are buyers and sellers interacting with each other, when there is no buyer and seller then bitcoin will never have value.
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BagzMM
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July 11, 2018, 07:02:06 AM |
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In my opinion, it is sustainable for the development of the economy. Just think of the positive way because it really has a value. Problems that being encountered is just minimal it can be develop more or enhance.
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wahyu wida
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July 11, 2018, 07:19:59 AM |
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i think it is completely untrue. whales can still play around the price because they have big funds. and we know that bitcoin prices, purely influenced by the number of purchases and the amount of sales
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ganlianshifu1
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July 11, 2018, 07:30:46 AM |
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Bitcoin doesn't have the characteristics that traditional currency should have, so I don't think Bitcoin can replace French currency!
The field of application of Bitcoin is by no means a real commodity such as food, house or industrial goods.
The future positioning of regional chain currencies should be virtual goods.
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MaryKiTy22
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July 11, 2018, 07:31:18 AM |
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Volatility is the level of change in the price of a transaction over time. Volatility is related to the level of uncertainty or risk in the value of an asset that is the value of bitcoin we need to understand.
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lehuong
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July 11, 2018, 07:42:58 AM |
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Two years ago, a Bitcoin was worth only $ 5. A year later, its value reaches over $ 1000 and at the moment is around $ 6000 you see that their value goes up to 1000 times the value.
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akram143
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★777Coin.com★ Fun BTC Casino!
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July 11, 2018, 08:15:50 AM |
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Bitcoin doesn't have the characteristics that traditional currency should have, so I don't think Bitcoin can replace French currency!
The field of application of Bitcoin is by no means a real commodity such as food, house or industrial goods.
The future positioning of regional chain currencies should be virtual goods.
The values of the bitcoin is loss in again and again we called it the last stage of bitcoin but anything can happen with the crypto currency so please wait some more times. |
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gambitcoin53
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July 11, 2018, 08:30:15 AM |
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c'mon people, we all know that bitcoin is a continuing process, the op is like he just jumped in a while ago, everybody knows that bitcoin is swarmed with speculators who panic sells everytime they see the market price fall, those people creates a wave that we thought as whales, they create trends, that resulted the downfall of the price, as for being banned in some countries, bitcoin started in the digital world, but now many countries are adapting the technology, and continues to grow in numbers, more and more countries are expected to trade bitcoin and accept it as a purchasing medium like fiats, as for transaction speed, bitcoin is has the fastest transaction, imagine how slower other coins are when you are trading them.
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iamMhew
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July 11, 2018, 10:24:33 AM |
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The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
first thing is, bitcoin is slow in transaction speed, because it is not just the speed, but the security. second, consumes a lot of energy because of the network traffic per transactions. third, it is banned because of some reasons in each country, some of them are just afraid to lost their country wealth by investing in crypto currency and to be pollute of some illegal activity to be exist when they adot this crypto currency. and last, price manipulation, whales are the kind of investors who owned a large amount of coins in each project, therefore at their current influence (have wealth) they can takeover/manipulate the price on what ever they want, it is really happen in all crypto currency and not just in bitcoin. Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers
yes, because some of the project are not just related on investment, some crypto-currency projects has their own product to be sold, and the others are can be use onto their own platform like gaming, gambling, lending and so on in virtual. |
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squog
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July 11, 2018, 11:15:10 AM |
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All of these problems arises from Bitcoin being the first of its kind in the world and also is very very young as a currency in itself. That being said, given time Bitcoin and any other crypto currency will become stable enough that investors will be more than willing to adopt it in their businesses. What matters is time, time enough for Bitcoin to be stable.
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