AAKODI (OP)
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December 25, 2018, 04:28:12 AM |
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Does bitcoin have a business plan ? and who is responsible to make it work because for any project there should be a clear plan to accomplish its mission and vision at the end and there are responsible people to make sure things work according to the plan on each stage until bitcoin reaches its final goal ?
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[ M O B U ] The Investment Bank of the Future The Security Token Protocol and Licensed Security Token Exchange https://mobu.io/
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KingScorpio
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December 25, 2018, 05:26:40 AM |
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Does bitcoin have a business plan ? and who is responsible to make it work because for any project there should be a clear plan to accomplish its mission and vision at the end and there are responsible people to make sure things work according to the plan on each stage until bitcoin reaches its final goal ?
nope it only has a rough tech concept written in nakamotos white paper. it was later specified by the various developers during bitcoins realisation. everything around it evolved
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Herbert2020
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December 25, 2018, 06:48:26 AM |
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bitcoin is not a person with arms and legs, nor is it a company with a CEO and all that to have a "business plan"!!!
bitcoin is just a decentralized currency that was created for liberation and people can choose to use it if they want the benefits of what it is offering or choose not to use it if they don't find it beneficial. everything else like mass adoption, price to the moon,... are our goals not bitcoin's. bitcoin goal is only to be a decentralized payment system that nobody can restrict and it has achieved that from day one.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Gloverwrt
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December 25, 2018, 07:32:13 AM |
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Does bitcoin have a business plan ? and who is responsible to make it work
It has a clear plan which is summarized in the bitcoin whitepaper. The whitepaper is a rough summary, and would require advanced knowledge to understand, hence this forum was created. The bitcoin community is what makes it work. It is designed to be decentralized and not need an intermediary. The bitcoin core handles updates and the BIP; Bitcoin Improvement Proposals
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eternalgloom
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December 25, 2018, 11:14:34 AM |
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I always find it so weird when people refer to Bitcoin as though it's run/owned by a single entity. OP, you have quite a few posts here in the forum, I don't get why you're talking as if you don't know that Bitcoin is decentralized.
How can anyone be responsible to make Bitcoin work? Different companies and entities might have a financial interest to 'make it work', but I would never call it a responsibility. Very weird phrasing...
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dothebeats
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December 25, 2018, 02:50:30 PM |
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First off, bitcoin is not a business. It's a P2P digital currency with the element of trust removed from its workings. It has no business plan and no central authority controls it (or will ever control it) as everything is decided by consensus from the network of decentealized machines. No one is responsible for the losses of people trading it except themselves. Unlike businesses, bitcoin's goal is to just help the masses achieve financial freedom, especially from the banks and the governments. Its goal is not to make everyone rich, as opposed to some people's PoV about bitcoin.
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market-beta
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December 25, 2018, 03:00:47 PM |
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their goal must be the same as all of us, bro. because our goal is to make other bitcoin and crypto. have a mass with good. so that the world of bitcoin can be accepted and loved by all people of the world
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BitcoinGirl.Club
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December 25, 2018, 03:25:56 PM |
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Does bitcoin have a business plan ? Bitcoin is not a business. Let me ask you this: Does Dollar have a business plan? The question is very irrelevant because dollar is a currency which measures the value of assets. When you are to trade something you need a standard currency and dollar serves the stander. Bitcoin is the same as dollar but the difference is that it does not have any physical existence. When you buy something from eBay you actually do not need to touch the money.
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angel55
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December 25, 2018, 03:36:50 PM |
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Does bitcoin have a business plan ? and who is responsible to make it work because for any project there should be a clear plan to accomplish its mission and vision at the end and there are responsible people to make sure things work according to the plan on each stage until bitcoin reaches its final goal ?
The plan for most people is to gain worldwide adoption . There is no one in charge of bitcoin and it is a community effort. Sure there are some notable figures that have more influence like Roger Ver or CSW but no one has ultimate power over bitcoin. If everything goes to plan bitcoin should always be secure due to the high hashrate and because of game theory.
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meanwords
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December 25, 2018, 03:53:41 PM |
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bitcoin is not a person with arms and legs, nor is it a company with a CEO and all that to have a "business plan"!!!
bitcoin is just a decentralized currency that was created for liberation and people can choose to use it if they want the benefits of what it is offering or choose not to use it if they don't find it beneficial. everything else like mass adoption, price to the moon,... are our goals not bitcoin's. bitcoin goal is only to be a decentralized payment system that nobody can restrict and it has achieved that from day one.
Well said man. That's the problem with people nowadays, they are blinded from the fact that Bitcoin is not an investment but instead a cryptocurrency that wants to decentralize payment. I think at this point Bitcoin has achieved it and now that people are expecting too much from it.
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avikz
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December 25, 2018, 06:00:17 PM |
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Does bitcoin have a business plan ? and who is responsible to make it work because for any project there should be a clear plan to accomplish its mission and vision at the end and there are responsible people to make sure things work according to the plan on each stage until bitcoin reaches its final goal ?
Bitcoin is a first successful use case of blockchain technology created by Satoshi Nakamoto. Roughly an idea without any great push from its creator. However, we also have greedy busniess minded people like Roger Ver and self proclaimed Satothi aka "Craig Wright" who had used bitcoin as a way to become rich by creating forked coins like BCH or Bitcoin SV. The responsibility lies in the hand of the community to make it global! That's what decentralization means in most literal way!
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Olayinka225
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December 29, 2018, 12:09:48 AM |
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Hmmm....bitcoin business plan is just like other normal business plan but this is just in a form of cryptocurrency which need some a s extraordinary perfection. The business runner have to have think it through how he/she thought the business should go and move, the strategies that will be used and lot's more....more importantly, such fellow must have got some knowledge about cryptocurrency/blockchain before thinking of running a project of its own.
Another thing is having and beckoning on people that one think will help in actualizing this dream. This people or should be people that must have worked for different crypto projects, different stock, different business proposals and lot's more like that, with this, they must have got experience on how to run, minimize and maximize etc.
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bitfocus
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January 02, 2019, 02:44:18 AM |
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Bitcoin is not a business or institution, so, all the things you asked are not applicable to Bitcoin, you can start readinig teh whitepaper, you will get that on bitcoin.com
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Upgate
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January 07, 2019, 08:23:27 PM |
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Bitcoin was not created yesterday if am correct it over 9years old and like most cryptocurrency project bitcoin has a white paper where you can scroll through its aims And prospective most of which it has already accomplished
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franky1
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January 07, 2019, 08:29:04 PM Last edit: January 07, 2019, 09:20:53 PM by franky1 |
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bitcoin as a currency/value is decentralsied and distributed. and no one has control of the value/currency as everyone can and should hold the private keys to the currency/value.(apart from those who choose to use custodian services such as exchanges)
as for the code/protocol/software. well thats when things get greyer
bitcoin core defines itself as the CORE of bitcoin. they define themself as the reference client and the main resource to go to, and propose changes/upgrades. they have a plan. which they call their "roadmap"
many people hate the idea that core has this power. but mostly those that try to deny the existance of the power are the ones who actually defend core development to continue with their practices/methods and hope opposers (to core centralisation) just go away
though this does not mean core are fund custodians or have control of individuals funds. they are the main guys of the software/network evolution.
explaining it in simple terms. bitcoin core is to bitcoin. what microsoft is to .docx they control the format and software. other software can exist but mainly they can only limit themselves to the features allowed that the main software have allowed
but no software provider controls the value/data that people use which gets stored decentrally on peoples computer
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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KingScorpio
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January 07, 2019, 08:41:41 PM Last edit: January 07, 2019, 09:23:17 PM by KingScorpio |
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bitcoins and its founders businessplan:
1. enslave entire world to their corrupt cryptoindex and bitcoin,
2. allow cryptomining so it looks inclusive but since they own the first index, they still keep all strings in their hands.
3. as soon as the core of the developers run out of sellable premine, use the pointing out authority over the market to sell new crap token to the market (bitcoin gold, bitcoin cash, bitcoin sv)
all pow token whose premine has been sold out by the developers will be droped and replaced with a new index.
sorry for this painful honesty, but thats direct whats going on here.
(4) keep vitalik around so the large scale scam isnt obvious
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whirlcoin
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January 07, 2019, 08:47:36 PM |
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bitcoins and its founders businessplan:
1. enslave entire world to their corrupt cryptoindex and bitcoin,
2. allow cryptomining so it looks inclusive but since they own the first index, they still keep all strings in their hands.
3. as soon as the core of the developers run out of sellable premine, use the pointing out authority over the market to sell new crap token to the market (bitcoin gold, bitcoin cash, bitcoin sv)
all pow token whose premine has been sold out by the developers will be droped and replaced with a new index.
sorry for this painful honesty, but thats direct whats going on here.
Before making Bitcoin investment as a business we need to ensure our money for saving because Bitcoin is a not trustable ant and stable one it will always only with our hope so be confident with your investment will be the way to get more profit and it will be doing yourself more powerful you can do more making money.
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KingScorpio
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January 07, 2019, 09:22:24 PM |
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bitcoins and its founders businessplan:
1. enslave entire world to their corrupt cryptoindex and bitcoin,
2. allow cryptomining so it looks inclusive but since they own the first index, they still keep all strings in their hands.
3. as soon as the core of the developers run out of sellable premine, use the pointing out authority over the market to sell new crap token to the market (bitcoin gold, bitcoin cash, bitcoin sv)
all pow token whose premine has been sold out by the developers will be droped and replaced with a new index.
sorry for this painful honesty, but thats direct whats going on here.
Before making Bitcoin investment as a business we need to ensure our money for saving because Bitcoin is a not trustable ant and stable one it will always only with our hope so be confident with your investment will be the way to get more profit and it will be doing yourself more powerful you can do more making money. how be confident, bitcoins value centre is the attentionhack the pseudoinclusiveness (mining) and the manifestation (corrupt cryptoindex) you might not get it, but globally you look increasingly just like a bunch of scammers that cant be taken serious and their trash can cryptoindex. i told multiple times in this forum that the future runs a different path, it was still not enough pain in this community till development will be taken seriously again, because currently shilling and corruption dominates everything. pain and pricecollapse will become more.
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Ispep
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January 07, 2019, 09:35:33 PM |
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Bitcoin is not an upcoming coin or cryptocurrency,its the first one created and has developed itself since its inception,hence needs no business plans whatsoever,as those are only needed for coins looking for means you stay in the market and not fade out The bitcoin is already strongly established and needs no business plans,strategies or ideas to attract investors.
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coinwizard_
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Most Advanced Crypto Exchange on the Blockchain
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January 08, 2019, 04:19:55 PM |
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A business plan would mean will make people think it is controlled by a single entity, which it is not. Decentralisation means everyone can jump in and have their say, but with just a handful of people being able to change the code
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