YuginKadoya
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 Offline
Activity: 3038
Merit: 1169
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December 27, 2019, 06:33:10 PM |
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In my opinion, Bitcoin is not a one-man only currency but a currency for the whole world to enjoy it particularly need the help it can get to increase its value, and if your just fattening your wallet for your future use go ahead and do that it is for everyone to enjoy that is and as a function of asset or services of payment everyone can sure use it whatever he like that is the flexibility of Bitcoin it can be whatever you want it to be,
And just like you, I don't want to be left behind in the changing and increasing value of Bitcoin we can surely do something right now before it becomes the people's true currency if it will in the future then we can be ready for anything that may happen.
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Leonardo7
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Activity: 686
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December 27, 2019, 07:06:49 PM
Last edit: December 27, 2019, 08:13:47 PM by Leonardo7 |
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When you interview people that bought bitcoin just some weeks before it ATH, they will keep telling you bitcoin has outlived it market value, that they came late to the bitcoin market, well all these are borne out of frustration, if we really want to be true to ourselves, bitcoin has been the most performing coin in this persistence turbulent market. If people don't buy bitcoin now that it's cheap, they will have to buy at a very expensive price some years from now.
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diazepam666
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December 27, 2019, 07:21:28 PM |
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Not only now always Bitcoin is very much user friendly and people friendly cryptocurrency. you can usually see the any price index and compare the volume of other cryptocurrency and Bitcoin.
You can easily understand what is a potential Bitcoin has than other cryptocurrencies available now.
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Ridwan Fauzi
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December 27, 2019, 08:30:12 PM |
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The payment system that use digital currency (money fiat) already crowded to use recently and seems like it will be the new system which can replace the old system that use paper currency.
So, I just thinking that bitcoin is a currency which can be able to replace the function of money fiat when it has collepsed. The people will tend to use the currency which is has the same character like they use before.
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Duzter
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December 27, 2019, 08:53:46 PM |
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Maybe in terms of affordability it might be little tough to buy as a whole Bitcoin, but the access to buy as much possible makes it much easy to be used. Also this isn't developed targeting specific people, it is developed for the entire people as well as to fulfill the flaws that the banks does.
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adzino
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Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
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December 27, 2019, 09:19:03 PM |
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Maybe in terms of affordability it might be little tough to buy as a whole Bitcoin, but the access to buy as much possible makes it much easy to be used. Also this isn't developed targeting specific people, it is developed for the entire people as well as to fulfill the flaws that the banks does.
Who is telling you to buy one whole bitcoin? You can always buy a fraction of bitcoin and hold it as a long term investment. If you really want to own "whole" crypto instead of "fractions", then go for well known altcoins like ETH, LTC or BCH (make a list and find a suitable one. Don't blindly/randomly invest on the coin I have suggested you). They are much cheaper to afford, at least for now. Its not like bitcoin does not have any flaws at all to be used as a regular currency. It does have a lot of its own drawbacks that is making it difficult for people to use it as a a regular day to day currency. |
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HannaWho
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December 27, 2019, 09:22:55 PM |
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It is and will be, since it is one of the only bearer assets with some liquidity in this world.
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DooMAD
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Activity: 3766
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Leave no FUD unchallenged
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December 27, 2019, 10:14:56 PM |
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People don't always understand what will benefit them until it's too late. Most of them are just looking for something simple they can comprehend, so whatever the media can distill into a simple headline is normally the only message that makes it through for the "average joe public". I'm of the view that most people will eventually come to Bitcoin out of necessity later, rather than trying to understand it now. It sounds pessimistic, but we can only help the ones that let us. It often takes a painful realisation to finally wake someone from the comfort of ignorance. All you can really do is grow your stash to ensure you have enough to help those you care about when that time comes for them.
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1Referee
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Merit: 1427
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December 27, 2019, 10:37:37 PM |
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Who is telling you to buy one whole bitcoin? You can always buy a fraction of bitcoin and hold it as a long term investment. If you really want to own "whole" crypto instead of "fractions", then go for well known altcoins like ETH, LTC or BCH (make a list and find a suitable one.
It's something that doesn't only happen within Bitcoin. I have noticed myself by reading through forums where mostly Gold bugs communicate, and the general theme amongst those is to get to the 1KG milestone eventually. People want the rarest and most expensive metal, not a cheaper, far easier to obtain metal such as Silver. Nothing wrong with that in my opinion. In fact, the hunger for more probably doesn't even change when people own a cheaper coin, because they first want 10 coins, then 100, then 1000, etc. People always aim to increase their holding goals no matter what it is that they hold. In that regard, you can better hoard more of the best and rarest coin than to own a ton of garbage coins. Quality over quantity is what I value. |
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diahsw
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December 27, 2019, 11:02:35 PM |
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considering that it's been 9 years since bitcoin has run, so I can say, bitcoin will always be the currency that everyone wants, even though prices are always unstable, people still want it ... !! because the attraction possessed by bitcoin makes people captivated .. !!
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julius caesar
Full Member
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★Bitvest.io★ Play Plinko or Invest!
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December 27, 2019, 11:35:50 PM |
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The main choice of the consumer as of now is Bitcoin still despite the fact that the price of it is kinda low. It is normal since the bitcoin itself is volatile. Meaning, consumer is the one who dictates the price based on their supply and demand. Even though the price of the bitcoin is a bit low, people are still choosing it because of the security that is given to you.
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Amel
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Activity: 1638
Merit: 1033
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December 28, 2019, 03:25:00 AM |
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The media is a powerful entity and is capable of sweeping away the interest of the laymen from crucial developments such as bitcoin and other nice things that has helped us progress lately, that's why entities with dark intentions often hire the media to disseminate their deeds subconsciously. This has worked in the current times, just see the continuous mud-throwing between the left and right wing supporters. The media is involved, for damn sure, and has helped each sides gain followers by just publishing articles or airing news that may or may not be true for the benefit of whoever paid them.
Anyway, when the masses realize what they're missing, they'll just flock into bitcoin and crypto and tell everyone "I told you so!" even though they were brainwashed by the paid media at first.
Yeah you are right, dude. In my opinion the media can be said to have monopolized the brains of the community and unfortunately the public is still too primitive to realize that. Many anti-bitcoin people hired the power of the media to undermine bitcoin, and now the public should be given direction in addressing any news not only about finance, but also in all fields. On the other hand we also cannot blame the media, because the media also have brought bitcoin so far. Now what needs to be fixed is a society that is too primitive. |
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blckhawk
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Activity: 1484
Merit: 326
★Bitvest.io★ Play Plinko or Invest!
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December 28, 2019, 04:06:34 AM |
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It has indeed become a store of wealth rather than become a usable day-to-day currency. Though it has still some use, people tend to not believe in it because of media censorship and influence. And not Bitcoin alone, media portrays cryptocurrencies in general. And the government has a great part on the oppression of its adoption.
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bitvalak
Sr. Member
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Activity: 854
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Leading Crypto Sports Betting & Casino Platform
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December 28, 2019, 04:11:51 AM |
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At the moment there is still hope that bitcoin can still become a currency for the people as was the initial concept.
I see several countries that have said they will throw away the dollar and look for other alternatives.
Here is an opportunity that can be utilized by bitcoin to be a differentiator for the current economic system.
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Murat
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December 28, 2019, 04:49:19 AM |
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Basically, Due to some horrible perception of the people Bitcoin is still an underrated currency according to my experience so far, I think people seems Bitcoin is not like another currency at all, They think that Bitcoin is frequently hacked and this is not secure yet, Not only that but also most of the people think Bitcoin is being used for the crime purpose and this cryptocurrency and Bitcoin is mainly used for crime and money laundering purpose, so these perception hinders the popularity of Bitcoin so far.
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Janation
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December 28, 2019, 04:56:40 AM |
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It is true, there are a lot of hate about Bitcoin especially on the internet.
I did post a statement on Facebook one time and the hate about Bitcoin is oozing saying things like it is a scam, snap out of it and other negative responses. It is the future of currency and trnasactions, I also think that Blockchain would be used widely and currencies will be based on Bitcoin while fiats taking the sideline slowly as time passes by.
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barabarian1
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December 28, 2019, 05:00:46 AM |
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some countries have used bitcoin and cryptocurrency after they experienced a crisis and the national currency fell. as happened in Venezuela and Argentina. but I hope my country does not wait for the crisis to legalize bitcoin. bitcoin is now the most famous cryptocurrency in the whole world. and every year the number of bitcoin users is always increasing. some people are now beginning to realize the benefits that can be taken by using bitcoin. so I am sure in the future bitcoin will be the currency most favored by the people because of and provides benefits.
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Eternad
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December 28, 2019, 05:06:10 AM |
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It is true, there are a lot of hate about Bitcoin especially on the internet.
I did post a statement on Facebook one time and the hate about Bitcoin is oozing saying things like it is a scam, snap out of it and other negative responses. It is the future of currency and trnasactions, I also think that Blockchain would be used widely and currencies will be based on Bitcoin while fiats taking the sideline slowly as time passes by.
Blockchain have more chance that will be more popular and adopted than in bitcoin, but those who are willing to risks and already see the potential and what bitcoin can be as an investment in the long run can try it especially if their aware of the risk and potential gains. Bitcoin is not to weak investors as they can easily be pursued and believe in FUD they can hear or read, those who also know how to trade can take advantage of it as an investment. It just depend on how risky we are in investing as many are already close minded in this idea. |
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SiDtHeBeSt
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December 28, 2019, 06:29:38 AM |
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People still see bitcoin the way it is portrayed by the media like
1) Bitcoin is a pyramidal scheme.
2) It was a bubble which popped.
And god knows what other shit the media has fed to the people. Bitcoin is still one of the better investment ideas out there it hasn't replaced gold for a fact and it never would actually in my opinion. Bitcoin is different that of gold and will be and bitcoin will be the best in it's league. As governments and the media demonizes bitcoin people will have a negative view on it.
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riom
Newbie
Offline
Activity: 13
Merit: 2
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December 28, 2019, 06:55:15 AM |
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It depend on us, BTC community to simply continue the work wich has already being done until here.
Knowledge is true wealth. Number of scam, alt(shit)coins are created by unknown's or celebrity's and even if we all know what is behind, big public is going to get involved into crypto's in a way or an other.
That's were we need to give guidance. I've been myself scammed and lose so much time into studying crypto in the wrong way.
I've met some people from this forum then i've started to really learn about all the ecosystem and dynamics involved.
People are going threw altcoin in a path of knowledge wich has BTC at the end of the road.
Welcome to newcomers, good job for earlyer's, love on all of you.
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