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Author Topic: My view on Bitcoin  (Read 500 times)
Fesatmas
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November 17, 2020, 04:51:36 PM
 #61

bitcoin is a pace setter

what do you think buddy? Smiley
get used to reading the topic from the start, so you don't fail to understand. if nothing is understood, please ask your question. are you new here? but don't worry, you can discuss anywhere. don't be afraid to start, wrong and right, is a natural.

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November 17, 2020, 10:49:56 PM
 #62

Bitcoin is not only the money making cryptocurrency but also the technology which going to bring a revolution in near future. Decenteralize crypto bitcoin is unable to control by anyone, that's why anyone can use it without hesitation. Its true that bitcoin can be the most trust source of money for us but also the currency of many facilities, for its user.but most of people don't know about those but its okey.cause if they enter this crypto market, they will know about others use of bitcoin automatically

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November 17, 2020, 11:54:29 PM
Last edit: November 18, 2020, 12:07:37 AM by Tahid12
 #63

although there are lots of way to use bitcoin but most of people see bitcoin as the simple & easiest way to earn money. Recently bitcoin price increase a lot, that makes investors profitable and also attract new users view on it. But alas for them who miss this oppourtunity. Maybe its unfair to think bitcoin only as the method of earning. Thus bitcoin future will be apart from the purpose it was created for

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uneng
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November 18, 2020, 02:02:44 AM
 #64

Since the introduction of cryprocurrencies such as bitcoin in our present world, a whole lot who took advantage of it has made tremendous profits from investing and acquiring it. Bitcoin with its global value currently has become an investment tool for many across the globe. It is also a means of storing wealth with the strong hope of heavy returns in the future. I keep wondering what bitcoin would rise to  in the nearest future. In past decades when it was newly introduced it all sounded like a joke, many made mockery of it in which I was one of such persons. But today we all fold our hands in regrets wishing we took hold of the opportunity when it wasn't make much impact as its doing in our present society today. If you haven't considered owning a bitcoin give it a thought today
Bitcoin didn't reach its full potential yet. I know regrets are part of our lives, but someone shouldn't regret a lot for not owning bitcoins before, because it's possible to do this yet.
I see the predictions about bitcoin are very optimistic on long run, so new investors can still take advantage of that and buy some btcs to hold. And for those who are too much afraid of volatility they can also buy bitcoins, not for holding purposes, but at least to buy some stuff with this and see how crypto currency works. It's a good beginning already.

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November 18, 2020, 02:30:10 AM
 #65

Since the introduction of cryprocurrencies such as bitcoin in our present world, a whole lot who took advantage of it has made tremendous profits from investing and acquiring it.
If you are referring to the Early adopters ,then i believe that there is no taking advantage but what they do is "Taken the Risk" as i will give this question to you."Would you Invest In bitcoin like what they do in Past even though you have no full learning about this"?
Bitcoin with its global value currently has become an investment tool for many across the globe. It is also a means of storing wealth with the strong hope of heavy returns in the future. I keep wondering what bitcoin would rise to  in the nearest future. In past decades when it was newly introduced it all sounded like a joke, many made mockery of it in which I was one of such persons. But today we all fold our hands in regrets wishing we took hold of the opportunity when it wasn't make much impact as its doing in our present society today. If you haven't considered owning a bitcoin give it a thought today
So why still asking this when you are one of the first of the people who Mock on this?now that you have witnessed and understand this then better instead of asking why Lay your Cards and encourage people to invest and believe on this>?

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November 18, 2020, 02:59:19 AM
 #66

Since the introduction of cryprocurrencies such as bitcoin in our present world, a whole lot who took advantage of it has made tremendous profits from investing and acquiring it. Bitcoin with its global value currently has become an investment tool for many across the globe. It is also a means of storing wealth with the strong hope of heavy returns in the future. I keep wondering what bitcoin would rise to  in the nearest future. In past decades when it was newly introduced it all sounded like a joke, many made mockery of it in which I was one of such persons. But today we all fold our hands in regrets wishing we took hold of the opportunity when it wasn't make much impact as its doing in our present society today. If you haven't considered owning a bitcoin give it a thought today
Good to hear that you accept mockery towards bitcoin and now folding your hands why not investing that time?

most of the time we are reacting just because of what we see and not of what we learn ,wishing you have made opposite decision in past but this is not the time for complaining and blaming instead this is the time that you need to Purchase now or be sorry again for another mistakes?

Look at the market The run is here again and at any moment another ATH will be recorded.

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November 18, 2020, 03:31:09 AM
 #67

I can understand why a newbie view or even many people see Bitcoin as only a digital asset to make money. Because Bitcoin cannot be
used in some countries as payment, and there are still a small number of merchants who accept Bitcoin payments. So it is only natural
that eventually many forget that Bitcoin is a currency. Even though I really wanted to try to buy daily necessities with Bitcoin, but my
country prohibited it. But I am optimistic that the government will slowly change its mind and allow the use of Bitcoin as payment.
What needs to be done now is to be patient and continue to promote Bitcoin so that it is better known to many people.

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November 18, 2020, 04:50:28 AM
 #68

although there are lots of way to use bitcoin but most of people see bitcoin as the simple & easiest way to earn money. Recently bitcoin price increase a lot, that makes investors profitable and also attract new users view on it. But alas for them who miss this oppourtunity. Maybe its unfair to think bitcoin only as the method of earning. Thus bitcoin future will be apart from the purpose it was created for
Bitcoin is a currency, but we have been using it as a mode of investment as well. That however is a secondary thing compared to what fiat is for traditional markets.

While we have been taking investments in fiat for a long time, we became accustomed to it. For new crypto users this phase will takes time but gradually bitcoin will become second to fiat for them too.

I don't think it's unfair, but a gradual progress from one group to another.

R


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November 18, 2020, 05:49:33 AM
 #69

Bitcoin is more famous for its Technology know as Blockchain. Blockchain can change the whole system of financing the record in present. The concept decentralization and the owner itself. It very advance technology that makes Bitcoin unique and very valuable.
It is a common misconception that blockchain technology is what makes bitcoin valuable. The truth is quite otherwise. Blockchain technology is just a part of the Bitcoin system, it is basically a convenient way to record transaction history. It is a database that is easy to verify, but hard to add new lines in it. There is nothing revolutionary in such a database, we have had similar systems for decades. What makes it unique is the fact that nobody controls it, no admins there, nobody can fake the history of transactions, to add new lines, you have to perform some work. Bitcoin makes blockchain immutable and therefore interesting database.

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November 18, 2020, 06:49:54 AM
 #70

My views on bitcoin on mainly focus on payment freedom - It is possible to send and receive bitcoins anywhere in the world at any time. No bank holidays. No borders. No bureaucracy. Bitcoin allows its users to be in full control of their money.
Only if the government allows this to circulate in their countries and this is the biggest mission we have here to have a freedom using crypto.

bitcoin is a pace setter

what do you think buddy? Smiley
get used to reading the topic from the start, so you don't fail to understand. if nothing is understood, please ask your question. are you new here? but don't worry, you can discuss anywhere. don't be afraid to start, wrong and right, is a natural.

seems like you are the newbie here because it has been mentioned all the time "Do Not Fed the Troll"









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November 18, 2020, 07:09:50 AM
 #71

We cant really control the minds/views of the people as we cant control as well the price of Bitcoins. I believe that peoples views are depending on what he believes in based on what he had heard. Awareness and proper learning about Bitcoins awesome features should be done first before taking any actions nor saying negative things just to avoid complications and regrets in the end. This largest digital currency had been criticized by many during its new stage but now was already praised by growing numbers of individuals because it didn't fail to amazed us and exceeds beyond our expectations. During this strange time, who would have thought that Bitcoins price will continue to rise? Indeed, Bitcoins awesome features are too many to mention when we try to look deeper and do some relevant research. Investing and earning profits are just the two great benefits that it gives us who keep on believing it. For me as a whole, it definitely gives an easy life that we couldn't imagine.
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November 18, 2020, 07:26:17 AM
 #72

Since the introduction of cryprocurrencies such as bitcoin in our present world, a whole lot who took advantage of it has made tremendous profits from investing and acquiring it. Bitcoin with its global value currently has become an investment tool for many across the globe. It is also a means of storing wealth with the strong hope of heavy returns in the future. I keep wondering what bitcoin would rise to  in the nearest future. In past decades when it was newly introduced it all sounded like a joke, many made mockery of it in which I was one of such persons. But today we all fold our hands in regrets wishing we took hold of the opportunity when it wasn't make much impact as its doing in our present society today. If you haven't considered owning a bitcoin give it a thought today

We cannot blame the people who really started learning Cryptocurrency at its early stages. Its their advantage since they accepted Cryptocurrencies with an open mind like all people should do when it comes to new inventions. I was also reluctant at first but when I saw the outputs and results that cryptocurrency can bring, I started learning about it and its really useful if you want another source of income.

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November 18, 2020, 07:46:00 AM
 #73

although there are lots of way to use bitcoin but most of people see bitcoin as the simple & easiest way to earn money. Recently bitcoin price increase a lot, that makes investors profitable and also attract new users view on it. But alas for them who miss this oppourtunity. Maybe its unfair to think bitcoin only as the method of earning. Thus bitcoin future will be apart from the purpose it was created for
Yeah, there are lot of ways to use bitcoin, but is it viable? Back then when bitcoin wasn't well know and used less often, people could make transactions easily with few cents as fee and get confirmation within an average time of ten minutes. But as more people started to know/use/trade bitcoin, the fee started to rise dramatically. When network goes underload, you will have to pay premium fee to get fast confirmation. So it no longer suitable to use it as a regular currency. At least now. It is then people have realized that bitcoin has store of value and gives them profit in the long run. Thus, people use it as a long term investment to make profit.
No one missed the "opportunity yet". You can still make profit in the long run if you invest and keep holding.

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Inspiron14
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November 18, 2020, 08:44:06 AM
 #74

Since the introduction of cryprocurrencies such as bitcoin in our present world, a whole lot who took advantage of it has made tremendous profits from investing and acquiring it. Bitcoin with its global value currently has become an investment tool for many across the globe. It is also a means of storing wealth with the strong hope of heavy returns in the future. I keep wondering what bitcoin would rise to  in the nearest future. In past decades when it was newly introduced it all sounded like a joke, many made mockery of it in which I was one of such persons. But today we all fold our hands in regrets wishing we took hold of the opportunity when it wasn't make much impact as its doing in our present society today. If you haven't considered owning a bitcoin give it a thought today

no matter how it is a regret, and we know that the price of Bitcoin has gone up more than 10x,
but the opportunity might happen again, seeing many predictions that bitcoin can over $ 100k,
so indeed we should have it, buy bitcoin when the price drops again and watch it.

concept2
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November 18, 2020, 08:51:48 AM
 #75

Regretting the past can not solve the problem to all of us. Just simply accept the truth that bitcoin is now a gullible investment tool which many people want to taste the rewards. Our world is full of chaos and centralized economy. People just want to get rig off the central banks who only print money and cause inflation. Bitcoin, on the other hand, is centralized and it has been building trust for more than a decade.

If you still have a doubt in bitcoin, just see it for yourself. From a worthless invention, bitcoin is now become a part of top 20th biggest asset on the world. There are many rough steps ahead waiting for bitcoin. But I believe that sooner or later, it will become well-known as digital gold 
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