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Author Topic: The Great Thing is about Bitcoin  (Read 491 times)
turneps
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October 07, 2021, 04:04:01 PM
 #81

Bitcoin is an internet currency, and is not regulated by any government, bank or organization. With paper money can be counterfeited, but Bitcoin cannot, it completely eliminates the problem of counterfeiting, as it does not exist in physical form but is created by algorithms. If you use a bank or a money transfer service to send money to your loved ones, it will take a considerable fee, as well as take a few days to send abroad, With Bitcoin that fee is extremely low. and it only takes 20 minutes to 30 hours. Bitcoin uses an anonymous transaction system (Blockchain), so when you make a transaction, no one will know who you are, where you are.

TheGreatPython
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October 07, 2021, 06:01:07 PM
 #82

Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.
The market can be controlled, and there are people who do that, and they are the ones who we refer to as the whales in the market. But that doesn’t mean that it doesn’t benefit the poor, Bitcoin benefits the poor as long as you know what you are doing and you play your game in the right way you are going to always benefit from me to whether it’s being manipulated or not.

Although the possibility of Bitcoin being manipulated is way much less than the possibility of the alternative coins being manipulated by all these people that are being called the whales, AKA the rich guys in the market. So, it benefits everyone, all you have to do is to know what you are doing and do it the right way. As long as you know what you’re doing you are going to be benefiting from it.

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so98nn
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October 07, 2021, 06:13:53 PM
 #83

It is all about how you perceive things in the crypto world. If you gonna trade the crypto to crypto then you don't really need to understand the price. Price is just measure of unit tbh. We measure it in fiat because we understand the fiat in different forms of currencies and we understand how much the stuff weighs in terms of value.

If you start thinking about BTC as BTC then you will not fear what value it has today. I mean you will start transferring the bitcoin in different units like mBTC, satoshi etc as per your need.

We never care about the USD, all you care about is how costly or cheap things are around us!


So whether they control it or do not control it is second part really.  Smiley
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October 16, 2021, 03:27:21 PM
 #84

Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.
Crypto gives a very good chance to poor people to earn money to provide in their financial needs. We all know how big can we possibly earn in here if we really pursue it. Me, I am also very thankful to crypto because crypto plays a big role to what and where I am now. I am one of so many people that started last 2017. I am very lucky to discover this thing that time. I may not invested my own money before but investing time to earn through campaigns and investing time studying crypto staffs that time are all worth it.

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Rishabh riyz
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October 20, 2021, 11:01:37 AM
 #85

Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.

its true unless institution start investing , with institute level investing they literally can buy huge amounts resulting in market value manipulation ,   
although we are free to hold our shares but we should not forget that if the institution cannot buy they would simply start mining for more ,
even we can mine but the question is how much , obviously with the funds they have they would have better mining rigs and in a large number and who knows how much more it is to be mined.
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October 20, 2021, 11:07:49 AM
 #86

Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.
Crypto gives a very good chance to poor people to earn money to provide in their financial needs. We all know how big can we possibly earn in here if we really pursue it. Me, I am also very thankful to crypto because crypto plays a big role to what and where I am now. I am one of so many people that started last 2017. I am very lucky to discover this thing that time. I may not invested my own money before but investing time to earn through campaigns and investing time studying crypto staffs that time are all worth it.

We are the same, but I got into crypto in 2016 when the price was really low and we could afford one or more, but I quit by 2018 because I needed to do a job that I didn't have time to learn and also to do the bitcoin stuff, which I regret because I should still pursue it and I would say that I am earning a lot right now, but now I'm back and I started from scratch, but it's better to be late than never. I'm hoping to make more money.
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October 20, 2021, 11:55:29 AM
 #87

yes, but sometimes not everyone can just trust bitcoin. Because bitcoin was not as famous as it is now. Even I myself used to think twice about investing, even though at that time the price was still very cheap. If only everyone used to realize bitcoin was so credible to provide long term profits. But it's not easy. . Until now, people including me regret not buying it when the price is very, very cheap.

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October 20, 2021, 12:59:02 PM
 #88

The unique concept of bitcoin makes users increase significantly, bitcoin is designed to replace the functions of conventional banks which are very rigid and not in accordance with customer interests, I think the biggest thing about bitcoin is the concept of security that makes users not worry about saving money in bitcoin.
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