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Author Topic: Bitcoin is going to be the next gem  (Read 558 times)
mrasel5t5 (OP)
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December 03, 2020, 01:23:00 PM
 #1

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.
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December 03, 2020, 01:28:47 PM
 #2

well honestly many people already know that and as you can see a lot of big companies are starting to implement cryptocurrency and a lot of merchants are now accepting bitcoin as a mode of payment you can call it anything you want it could be the next gold, gem, diamond but one thing is for sure bitcoin is valuable.
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December 03, 2020, 01:29:50 PM
 #3

Next GEM? Are you kidding me, kid? It has already established its position. It's proven best performing commodity. It ahs given far better ROI than GOLD. What else needed that you are saying it next gem?

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mexite
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December 03, 2020, 01:39:11 PM
 #4

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.

I want to believe that using "next gem" is a misuse of word for Bitcoin. BTC is the King of all cryptocurrencies and it has a 61%+ dominance of the entire cryptocurrency market capitalization. You don't refer to a coin with such staggering statistics as "next gem". It's the upcoming altcoins that are yet to be established that can be described that way, if it's a very great project.
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December 03, 2020, 02:11:21 PM
 #5

the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.
Not as easy as you say every country must exercise legitimacy against Bitcoin, if all countries / governments are united there may not be war in this world, one word.
That is the problem, in a multi-head country, not all heads think the same, including to exercise legitimacy against Bitcoin, they know Bitcoin is the biggest asset for every country through transactions, what to say.

There are many pros & cons to legalize, to state and to make decisions on state policies, let alone Bitcoin, It is very clear that only pro-people countries do Bitcoin as legitimacy, if the state is not pro-people, don't hope.

In fact there are also countries that do not prohibit and do not order people to use Bitcoin, but Bitcoin there is growing faster and growing.

R


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aioc
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December 03, 2020, 02:14:27 PM
 #6

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.

Bitcoin is already a gem ever since it was first traded, and no paper money will not go out of value, this is sign and a tool to control the people and the economy, they will co exist with Cryptocurrency and rendering it with no value, we'll have to see if it can be implemented so far no country exist with no paper money.

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December 03, 2020, 02:35:29 PM
 #7

whatever the nickname for digital gold bitcoin, gems, or whatever bitcoin for now is a very valuable asset,
at a very tempting price even if we had 100 bitcoins in 2012 and sold them at this point we would be very rich ,
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December 03, 2020, 02:56:20 PM
 #8

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.

its already digital gold for most of us but you only consider it a gem. so which cryptocurrency do you consider digital gold?

its the only coin that is actually the most important among crypto and anyone with altcoins will likely sell all their holding for BTC if they find out the bear market starts. LTC was considered silver but its not what it looks like this time. ETH is taking over the head of altcoins.

whatever the nickname for digital gold bitcoin, gems, or whatever bitcoin for now is a very valuable asset,
at a very tempting price even if we had 100 bitcoins in 2012 and sold them at this point we would be very rich ,

i think they were labelling all these because they want to emphasize which is which and for a non-crypto user to view it in plain sight.





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December 03, 2020, 03:17:29 PM
 #9

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.

its better for bitcoin not to become next gem, then its will be harder for bitcoin manifest its goals as a payment system. I mean who make a transactional payment with a gem xD

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December 03, 2020, 03:22:31 PM
 #10

From your title and it looks like if you are not seeing bitcoin as a gem, right? Bitcoin is not again as a currency but it can be considered as various things as bitcoin has a lot of utilities. you can use it as a store of value while at the same time it can be used to did a tx.
The government needs to make sure crypto is a safe place and they can start to give legitimacy to the crypto. It can't be done overnight. Rome was not built in a day.
Some people have been calling the digital gold too. Bitcoin was a gem since it has created by satoshi.

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December 03, 2020, 03:22:44 PM
 #11

bitcoin is already being accepted in other countries and I think since there are a lot of companies being curious about it we a looking at something more precious than gold, or gem in the world right now, as we are already in a digital era.
most people don't know about it but sooner or later they are going to acknowledge it.

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December 03, 2020, 08:56:54 PM
 #12

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.
It's a gem and gold for everyone. But if you think that the government isn't doing steps to deal with bitcoin, they're already on the move. At least for some countries and others might have been already doing something that we don't know.
The step of the countries that are also stepping into cryptocurrencies, they're not going to use bitcoin but their very own made crypto which is called CBDCs. Bitcoin was the inspiration of that development, you can search the meaning of it on wikipedia.

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December 03, 2020, 09:36:38 PM
 #13

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place.

That’s right. From day to day, people’s interest in using digital transactions is growing. And they reduced traditional activities, on the grounds of wasting time.
Most people no longer want to queue at banks or ATMs. They shop more online than go to the mall. That’s all understandable. Why is there this technology,
this is because it will facilitate us in everything and save time. So is crypto. Many people already feel the benefits of adopting crypto.
Besides being a long-term investment tool, many people have succeeded in changing their lives by using crypto

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December 03, 2020, 09:36:39 PM
Last edit: December 03, 2020, 09:50:59 PM by Darktongue
 #14

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.
Paper money has some limited value. Never increased the value of paper money but could be decrease because you needed product value will be increased. Bitcoin investment will be a risk fee because big holders aren't available. Only a few years ago, Bitcoin was compared to gold, now much more profitable than gold so next could be gem.
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December 03, 2020, 10:18:18 PM
 #15

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.

It is a fact that governments must accept cryptocurrencies.

They have many advantages over traditional money, Venezuela has its cryptocurrency like China.

Just to mention a few...
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December 03, 2020, 11:01:39 PM
 #16

What’s the purpose of this one? Because we all know that bitcoin is already a big deal and we know that Bitcoin is way better compare to any other currency. Bitcoin is the new gold, and it works perfectly on digital. If you still not convince with this one then you can wait for more years and you’ll see the mass adoption with bitcoin.
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December 03, 2020, 11:08:08 PM
 #17

Blockchain is the future!
It all started with Bitcoin. For anything I buy, I prefer to pay in crypto if it's a means of payment to the seller.
I believe other good cryptocurrencies would follow the path of $BTC in terms of acceptability across the globe. I really hope it gets to the turn of $BLZ from https://bluzelle.com to achieve this widely acceptance breakthrough.
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December 03, 2020, 11:09:35 PM
 #18


It's a gem and gold for everyone. But if you think that the government isn't doing steps to deal with bitcoin, they're already on the move. At least for some countries and others might have been already doing something that we don't know.
The step of the countries that are also stepping into cryptocurrencies, they're not going to use bitcoin but their very own made crypto which is called CBDCs. Bitcoin was the inspiration of that development, you can search the meaning of it on wikipedia.
[/quote]

I understand the one thing that BTC holders don't want is complete adoption of BTC.  Look at what the US government has done to the precious metal and fiat market.  They are going to tax and track BTC, they will (I believe already have) start price manipulation, and start seizing accounts just like they have always done.  BTC is not immune from any government intervention and manipulation.  The main hope is that the government will have such a log jam created with BTC and Altcoins that they won't be able to severely manipulate or interrupt the system.  That's why any investor knows long term, you better have precious metals, altcoins, bitcoin, land, and other items.
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December 03, 2020, 11:15:11 PM
 #19

BTC has certainly changed the minds of many people and investors alike where a digital era is but inevitable. I think what's interesting is that while BTC might not be the absolute coin in the future (though it may well be - who knows?) it at least contributed to what we know of crypto today and what will become in the future.

The idea of wasting less of ones money has become possible now that digital assets allos owners to have full control over their assets, and although not every one realised the advantage of being responsible for your own money I think will soon become a norm. For instance, why pay Wester Union to send money to a different continent when you can easily do it over the internet of crypto?
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December 03, 2020, 11:31:03 PM
 #20

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.

What do you mean? Bitcoin is already a gem, the problem is that people keeps ignoring it, calling it a ponzi scam. But how time flies isn't it, now institutions are seeing it as more of a reserved assets, while individuals are using it to hedge their wealth into it. That's why the price keeps going up and may hit another all time high at the end of the year or eventually next year. A lot of exciting things ahead of bitcoin market.

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