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Author Topic: Is Bitcoin for the people or for the corporations?  (Read 3044 times)
Nasty23
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November 17, 2018, 01:29:32 PM
 #101

  Bitcoin is for the people it helps to grow up  new generations to over come their frustrations  caused due to the political  unrest and unemployment situations of the present day . Bitcoin is a decentralized currency that there is no influence of a third party for the transactions of bitcoin .
Yes, the bitcoin is for the people on which everyone can be able to use and benefited on it that surely change their financial status in life. It also help to improve the payment system on which can give fast and secure transaction for every people who use it in the community.

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NelfiNovita
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November 17, 2018, 01:56:36 PM
 #102

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

everyone can use bitcoin, not just people, the company also has the right to do it, because the goal is the same, namely to facilitate online payment systems and for long-term and short-term investments.

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November 17, 2018, 01:56:44 PM
 #103

Bitcoin is a currency for the people but not all can have it as people have different insights or perception about bitcoin. I have already read some posts about people engaged in crypto about how their lives has changed and got better. The only difference between people and corporation is the profit you will earn because basically, your profit depends on the volume of bitcoin you have.

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November 17, 2018, 02:07:56 PM
 #104

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?


this is just the way your thoughts are wrong.
you can use bitcoin in the form of investment or trade because you can buy even small amounts.
trading can make you double your assets. yes, it needs a technique for that, but the situation now is really difficult.
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November 17, 2018, 02:45:11 PM
 #105

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?
I think we should not, since Bitcoin will not be that successful if one of the
Parties doesnt make so much effort,corporations funded so much project which people is working to succeed and both of us work really hard for that we should disregard the effort of each one who maintain the equilibrium of this market. Through thick and thin we can categorie bitcoin as one of the grratest bubble of all time and it helped many people to attain money for themselves.

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November 17, 2018, 03:05:55 PM
 #106

it is design for the corporation like who is conducting ICO, it wont last if they will design it for the people because people has limited resources unlike the corporations that has the ability make the market move.
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November 17, 2018, 03:53:03 PM
 #107

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

I think bitcoin is used for all parties. not only people, but companies also use it. because they think bitcoin is profitable for them. so many companies today have used bitcoin. so don't worry about such problems.
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November 17, 2018, 03:56:11 PM
 #108

Bitcoin was largely created to serve as a currency which will facilitate easy payments and also enhance the payment systems of businesses, companies, institutions. If it is now being taken by these big corporations, it means a Bitcoin is still on track and achieving its purpose. More companies will soon integrate it into their payments once there is a competition set between the companies using Bitcoin and the non-using companies.

Its both for the people and for the company, it serves more than these 2 aspects actually, BTC serves more than what is stated here and it would take me long if I'd mention everything here, so I'm gonna make it simple and short for you guys.

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November 17, 2018, 04:03:27 PM
 #109

At this stage, btc plays a role of enrichment mechanism. It rewards patient players and grabs money from the impatient. Corporations may not be successful, but the majority of losers are impatient individual investors that can't or have no ability to catch the right moment.
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November 17, 2018, 04:16:08 PM
 #110

I don't think it should be ordinary people and common people can use it, which I believe is only to increase profits and divert a portion of its revenue.
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November 17, 2018, 04:25:00 PM
 #111

I pretty often make Bitcoin transactions. Currently fees are not so high and not very fast BTC transactions are cheap enough. I transferred some BTC coins to my friends and merchants, so I think that Bitcoin is designed for ordinary people. It goes without saying, companies also can use Bitcoin in their business.
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November 17, 2018, 04:25:14 PM
 #112

what do you mean? bitcoin is taken by the big company? or there are new currency that have the freedom financial that better than bitcoin? i dont understand with your statement
I think like that when bitcoin is used in companies to become popular and increase income, I think like it might be true
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November 17, 2018, 04:26:52 PM
 #113

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

btc is for people. But corporations are also made of people. Btc is for everyone, but that's true that btc is now partially usurped. At the end of the day, btc price is now relatively low, so everyone has a chance to buy.
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November 17, 2018, 04:51:22 PM
 #114

Ask yourself. Regardless if you're some employee working on a company that utilizes Bitcoin for such payments or just an ordinary person that lives a normal and happy life. Is there any hindrance in your utilization in Bitcoin? Does the price swing matter that much? Of course. Everyone within Bitcoin or the crypto community is affected. Is the effect that mutual? Almost. It only varies in how you use it. Daily life or simply just for your own convenience. It is for everyone.
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November 18, 2018, 06:11:36 AM
 #115

Bitcoin can be use by all kinds of people whether they are ordinary or well known, rich or poor. If you know how to use the net or you have net access, you can able to own bitcoin and use it any transactions and in trading. When bitcoin is developed as a alternative payment system, it did not specify a kind of people that is only  allowed to use it. Bitcoin and cryptocurrencies are highly volatile so if someone want to buy coins, there is a reminder to use only the money you can afford to ose.
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November 18, 2018, 07:12:56 AM
 #116

Bitcoin is for everyone.

I agree with you that bitcoin is for everyone, not the individual or entity, all are bitcoin accepted for the investment Grin. And this investment path, everyone wants for a fairly stable profit Cheesy.

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November 18, 2018, 10:18:28 AM
 #117

maybe at this time bitcoin has not been fully known by everyone and there are still many countries that have not provided the legality of crypto currencies and that which is still being used by certain people and for companies

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November 18, 2018, 10:25:27 AM
 #118

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

Almost everything can be turned into a capitalistic business if you look at it but don't be discourage if you think that only some corporations are the only ones growing in this field. Bitcoin and crypto itself is for anyone who has a determined goal to grow regardless how small you are when you've started. And the period of time doesn't matter here because each one has their own strategy and goal in mind.

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November 18, 2018, 10:34:34 AM
 #119

I think it's still for simple people also. Especially as the rates now are lower more people can allow to invest in it and earn more if it will rise again (I hope it would happen).
On the other hand less people believe in it now, but it's a personal choice whether to invest or not.
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November 18, 2018, 10:37:13 AM
 #120

When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?

I think bitcoin is used for all parties. not only people, but companies also use it. because they think bitcoin is profitable for them. so many companies today have used bitcoin. so don't worry about such problems.

I don't think companies would be using Bitcoin that quickly since we all know how volatile it is. Companies are so strict when it comes to budgets and if Bitcoin dumps, it will not just affects the investors and people using it but also that certain company and I don't think that company wants that but if that is true that companies or maybe even corporations are using it, shouldn't we be happy since the demand is increasing and means it will be having a good price?

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