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Author Topic: Bitcoin's impact  (Read 660 times)
Lomberjack
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November 08, 2018, 04:14:35 AM
 #41

Bitcoin truly has a big impact to people because they can make money fast and easy by investing and mining bitcoin. Poor people will be rich if they give bitcoin a try and if they wont stop using it.
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November 08, 2018, 05:51:48 AM
 #42

Bitcoins have a great influence on Cryptocurrency not only in the top of other crypto but also in other things such as number of users, blockchain software, etc. The bitcoin is that it is being used in medicine and in the future will have many professions and other companies choose bitcoin as a transaction fee. Grin

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November 08, 2018, 06:20:22 AM
 #43

Bitcoin truly has a big impact to people because they can make money fast and easy by investing and mining bitcoin. Poor people will be rich if they give bitcoin a try and if they wont stop using it.

I won't say that they can make money fast from bitcoin today because to get bitcoin, it's not cheap for them, and they need to work hard before they can buy bitcoin. But people can try with the other coins which are cheaper than bitcoin so they can have a way to collect bitcoin from many coins. Bitcoin itself gives a good impact to the people and now, they still doing many jobs related to bitcoin, and they are saving the bitcoin and sell when the price increase. I am sure that they are making a lot of money in the future.

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November 08, 2018, 03:18:24 PM
 #44

I think out of those three type of countries developed countries have more advantages over other by using bitcoin because even this is 2018 and known as the digital era still majority of people do not have IT facilities and basic knowledge which is essential to use and make benefits from bitcoin so developed countries can make a real change difference by allowing bitcoin to be used in there economical systems 

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November 08, 2018, 03:47:24 PM
 #45

It doesn't matter whether it is a developed country, developing country or a non developed country if bitcoin is used properly with there core financial economical structure there are many ways it can help to reduce the country poverty level by many ways and bitcoin was build to do that in the first place with important qualities to accommodate and facilitate during such scenarios and that is why it can play a significant role in any country

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November 08, 2018, 04:08:11 PM
 #46

There are quite some remarkable impact and feats the bitcoin has been able to achieve since its birthing till date. A close analysis is what I have been able to observe clearly around my environment. I have seen a colleague that got real earning of a lifetime for his business and a good number that have gotten a continuous livelyhood from the bitcoin/cryptocurrency earnings.
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November 08, 2018, 04:50:33 PM
 #47

/Bitcoin enables transactions between two parties without a third party interference all transactions are digitally recorded .There has been many ups and downs in the value of Bitcoin
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November 08, 2018, 04:56:28 PM
 #48

Bitcoin truly has a big impact to people because they can make money fast and easy by investing and mining bitcoin. Poor people will be rich if they give bitcoin a try and if they wont stop using it.
It is possible to make a profit from investing and exploiting Bitcoin, but this is a long-term investment option. If you choose Bitcoin for short-term investment is not good because it has too much risk and is willing to fall suddenly in a short time.

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November 08, 2018, 05:06:20 PM
 #49

The impact cuts across all the categories of countries you listed but in different ways. Most bounty hunting come from 3rd world. While most ICO buyers come from the developed countries. It seems that most miners are from developing countries. So the experience are different from each other.




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November 08, 2018, 05:06:55 PM
 #50

Bitcoin truly has a big impact to people because they can make money fast and easy by investing and mining bitcoin. Poor people will be rich if they give bitcoin a try and if they wont stop using it.
I believe that, because everything has been proven, that indeed with the existence of bitcoin people can make money. with the existence of bitcoin also facilitated us in transactions. the longer the technology is growing
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November 08, 2018, 06:11:30 PM
 #51

I think that the appearance of crypto has affected all of the mentioned groups but most of all this refers to the developing countries where people have got a chance to earn on crypto money more than they could on their usual jobs

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November 08, 2018, 06:23:33 PM
 #52

BTC has a great impact and it will show its potential in the nearest future. I hope this will happen in the nearest future -until 2019! To my mind, its price will increase much with time

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November 08, 2018, 06:32:05 PM
 #53

The bitcoin coin or Blockchain technology is already impacts many ways all over the world in many development and resources like baking system, digital marketing, ecosystem, and more is coming from blockchain technology because of many developed countries are adopting that and still continues more.


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November 08, 2018, 07:18:38 PM
 #54

I'm definitely going with the 3rd world countries,even though they are kinda reluctant to invest in the bitcoin,they have been actively investing in cryptocurrencies in the last few years..

And considering the level/cost of living over there,one can make a living off a little investment from crypto/bitcoin as opposed to some developed countries...
Regardless of the country category, any country can earn on bitcoin.The crypto world is open to everyone.Personally, I noticed this trend-in the countries of the 3rd world, cryptocurrency mining is more developed.in developed countries, investment and investors predominate, and in developing countries, new technologies are beginning to be introduced and new platforms.This is not a categorical answer but rather a personal observation.
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November 08, 2018, 07:50:16 PM
 #55

Savings of a common person who lives in a developing/3rd world countries are not enough to make a financial investment, they spend most of their income for their basic needs, and investing in cryptomarket is very complicated for a common person.  Mostly, they don't show any interest to new tools of investment and also it seems that idea of decentarlization and making capital free of governors or some interest groups via crypto currencies are very far away from the reality until now.  If you are lucky, smart enough, and knows how to invest your savings, you will enjoy the benefits of bitcoin, like any other financial markets.


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November 08, 2018, 08:58:47 PM
 #56

At the moment, Bitcoin has not made a definite impact on any particular country. I know more about developed countries in cryptocurrency and less in countries of the 3rd world. That's all. And if you look at things on a larger scale, then in countries 3rd world There are many rich people in the who can make a real competition to rich people from a developed country.

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November 08, 2018, 09:03:54 PM
 #57


Currently, I lived in in developed country even though  I came from 3rd world country.  Currently, where I am at, they utilized the blockchain and explore the blockchain , because this country is becoming a smart city.

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November 08, 2018, 09:18:42 PM
 #58

I live in Ukraine, which belongs to developing countries. Two years ago I worked in an office for a salary, which was practically enough only for food and payment for a rented apartment. When I met the cryptocurrency market, my life changed dramatically, I learned what financial independence and well-being are.
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November 09, 2018, 11:24:24 AM
 #59

Btc impact is nothing compared to the impact of blockchain as technology.
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November 09, 2018, 12:33:50 PM
 #60

The impact of bitcoin that captivates many Saint experts is that it is the first currency that cannot be controlled by institutions, companies, governments, or even the creators of that currency, which is a Peer-to-Peer and decentralized transaction technology
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