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Author Topic: The truth about bitcoin  (Read 3929 times)
iamzill
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July 19, 2018, 11:42:04 AM
 #121

It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.
many mistakes about bitcoin are unknown to many people. now these people are already at the wrong point they are just crazy at high prices but lack of understanding of technology. this must be left out because in fact bitcoin requires an understanding and about good technology.
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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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maloibtc
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July 19, 2018, 11:49:00 AM
 #122

I think that the main truth is that it is the best coin among the rest having a lot of benefits among which there is a good pro that is confidentiality and safety of all transactions which are anonymous. i think it is powerful
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July 19, 2018, 12:05:19 PM
 #123

all investments that will provide big profits must be a risk, for that before investing, we should know the type of investment that we will do, and have insight about the investment and able to see well the factors that can affect the growth of the investment. bitcoin investment will definitely give us an advantage, if we are able to analyze well the factors that make bitcoin prices go up and vice versa, besides that we are always right on the target where we have to sell and when we should buy so that we will always benefit. What is certain if you want something big then it must be ready with a big risk as well. And if you are afraid of risk then live by accepting what it is. Rich people, great people, successful people are those who dare to risk but always act by using good sense and good knowledge, and vice versa.
FlightyPouch
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July 19, 2018, 12:38:39 PM
 #124

The truth about bitcoin are as of now is bitcoin is not totally legal currency.

Well, Bitcoin is a decentralized crypto currency, what do you expect right? Government will either accept it or not since they will be thinking of it as a "risk" to people to be scammed or used for transacting to criminals especially terrorists.

There some establishments who accept bitcoin as payment but there some are not.

Bitcoin is a volatile crypto currency, that will be obvious since the price will always be moving. There are also some people that thinks that Bitcoin is a scam.

The truth about bitcoin also is the unstable value of bitcoin and the panic buying or selling.

Yes, that is a given since as I've said, it is a volatile crypto currency. Most of the people look at it as a problem but from investors and traders, they see it as an opportunity to earn money from the market.

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eashikde
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July 19, 2018, 12:52:39 PM
 #125


All the truth about bitcoin is known to everyone as much as you need. A coin in which a very large capitalization and which is considered the main cryptocurrency. So far it has not been legalized in many countries of the world.
Jessica2009
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July 19, 2018, 01:13:01 PM
 #126

           Bitcoin is a payment system it is used world wide and has gained popularity and it was introduced on the year 2009 . The main benefit of Bitcoin is that has no transaction fees it is an online payment the real identity of the user or trader is not revealed or can be traced since there is no intermediary . More retailers and services accepts Bitcoin  to purchase goods and service online .Bitcoin is not like fiat currency it is a network system.

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Raja_Salman
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July 19, 2018, 01:19:49 PM
 #127

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



in fact it all depends on the investor or the holder of the money because before starting everything of course must understand with all the risks that we will get in the investment
BagzMM
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July 19, 2018, 01:23:21 PM
 #128

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



The truth about bitcoin it is used to buy goods anonymously. International payments are  easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value.
marona.coro
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July 20, 2018, 04:27:45 AM
 #129

I think It is worth trusting because it is the technology for future
Zabzab9
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July 20, 2018, 04:43:11 AM
 #130

It's about Bitcoin as well as about a wide range of advantages.

Individuals tend to purchase Bitcoin despite the fact that they don't comprehend cryptocurrenncies or they don't considerably try to peruse about them. Individuals freeze right now since its cost is continually diminishing with no specific reason.
milandres0207
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July 20, 2018, 04:46:44 AM
 #131

There are many ways to consider on using a bitcoin, the truth about bitcoin is that they will change our future in terms of using and holding our money, from bitcoin you can earn more than the bank can gave when you hold your money or invest on bitcoin. Because the money on the bitcoin is easy to make a profit.
dewi91
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July 20, 2018, 05:00:22 AM
 #132

Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
In my opinion bitcoin can't make anyone rich because to become rich is not easy and need work hard but if bitcoin can help people to improve their lives that's true because we can earn money from bitcoin with Investment, trading or joining signature Campaign. Bitcoin give us new hope for a better life in the future.
damrianto
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July 25, 2018, 04:03:49 PM
 #133

bitcoin is an asset for us to make bitcoin a field for profit. even though bitcoin is now falling, people who want to invest in bitcoin are increasingly increasing, this proves that bitcoin can be maintained. we have to maintain each account's scam, because this is a very transparent investment place, even though a lot of unclear information on its origin makes us get out of all this.
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July 25, 2018, 04:54:26 PM
Last edit: July 25, 2018, 09:53:21 PM by nolestiket
 #134

Completely with you soglasen.Cryptocurrency high-risk investment, you must invest the amount that you can afford to lose.But also this investment can bring you a very large profit

bulanso12345
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July 25, 2018, 05:04:38 PM
 #135

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.



The true essense of bitcoin and it's system are not particularly in the terms of money, the real purpose of it is to have a much easiest, fastest and convenient ways of doing or making different transactions that can help to the people. Thus, to make bitcoin much useful and helpful to people it system can also use for investment where in people can earn a huge of money from it in just for a short period of time.
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July 25, 2018, 05:11:31 PM
 #136

What people need to get it straight is that bitcoin is a digital currency, people are just taking advantage of the fact that the value of bitcoin is not stable and having the tendency to rise and fall. This quality of bitcoin is making people invest in it without looking at it as a digital currency.
Stromspirit
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July 25, 2018, 05:11:59 PM
 #137

Bitcoin is worth investing because if you invest in bitcoin you will also benefit very much from bitcoin and it is true that bitcoin is an investment that has a fairly large risk but if you believe in bitcoin you will definitely benefit from bitcoin in just how many years so we have to believe in bitcoin, if we want to benefit from bitcoin, and if bitcoin is an illegal investment why until now everyone still uses bitcoin as their investment to get money quickly so I think bitcoin is not too risky so we don't need worried
spacedis
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July 25, 2018, 05:15:43 PM
 #138

I think it has an extremely large potential to increase in value and become the new backing currency for what will eventually take over Fiat money.

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MetalGear
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July 25, 2018, 05:16:43 PM
 #139

Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.
Bitcoin is a digital currency that give high profit in your investment and also you can convert bitcoin it into real currency. Yes, in bitcoin your future here become successful cause bitcoin have potential and ability to make you rich cause the value of  your investment it will grow more profit.
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July 25, 2018, 05:24:49 PM
 #140

 According to my opinion, bitcoin is a digital currency. It is also true that bitcoin works as a real money in the word.On the other hand the biggest truth is that bitcoin can make anyone rich quickly . Bitcoin is known to all in the world.  Smiley
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