I'm happy I can finally say something about bitcoin.

[mirakal]

I am really happy say. I leard more information form bitcoin. It help to future growth and future savings. Bitcoin is help my cretical time. Bitcoin is all-time favourite. I am always trust the bitcoin.

Not only you have been helped by Bitcoin during difficult times, but there are many people who have believed in Bitcoin and they have all felt helped by Bitcoin when times were difficult. And if you are one of the many people who have been helped by Bitcoin because you already believe in Bitcoin, now is the time for everyone (including you too) to return to buying Bitcoin whenever you have the money and ability to do so. Because saving money alone will not save you from unexpected difficulties in your life.

Whatever we say, bitcoin is a great opportunity which is a thing that anyone should not ignore. People never say wrong about bitcoin, they are all right because they experience the best of having bitcoin in life. This is the reason why the name bitcoin become too popular across the globe making some rich people turn their heads to it. If these people see the potentiality of this thing, I don't see any reason why we don't. In fact, we should be thankful we've been a part of this crypto world and know bitcoin because we've been given the chance, unlike the others which until now are still no-how.

If we have money today, instead of thinking about saving, better take the time to understand what is crypto and bitcoin investment all about. I am certain that this opportunity will help us to multiply our money and give us a better future.

[EluguHcman]

You did well to had said things about Bitcoin but all being said is as you narrated the history and development of Bitcoin.
The title of your thread would had been best to say you have now understood what Bitcoin is about because I was actually expecting you to say something unique or you are testifying on your experiences encountered on Bitcoin.

When there is nothing to say or no idea to create a good content then rephrasing becomes the best for them. But I will not blame him or her because we also started like this and in the process started not adjust and now we only create thread when it is necessary and on important topics.

Well it is good to know the general knowledge nof bitcoin so he can defend himself in public arguments and educate others who are not well educated with some areas. Op I encourage to learn more.

Thank you for your words of encouragement. I actually did not rephrase any initial post on the forum or did I copy this particular post from anywhere. I was finding it extremely difficult to understand the basics of Bitcoin in general until recently that I had to read few journals and documentaries about Bitcoin and what I posted was my own little way putting out what I understood. Going forward, I'll continue to learn more about one of the greatest innovations of man(Bitcoin)

Why I said you replace another people threads because what you have said have been said or created by users so all what your said is just like a duplicate from those ones. I don't mean that you copied exactly what they from them no but others have created it. But nothing bad what we all need is the knowledge in the technology because without the knowledge nothing will come. But when you have known then to participate and defending oneself is possible but if you are not knowledgeable in bitcoin then it is not possible for you to say something about bitcoin in the public domain.

We are all learners here but there are some threads we wouldn't create again because it looks childish. But as a newbie like you are free to create to know more.

With each and everyone being right and clear, I think the OP has been guided and he has also stayed tuned to keep up with his learning.

Either at beginners or act of ignorance after having a certain knowledge, we actually think that we have learnt enough but meanwhile... We have either learnt nothing or we are just across the beginners stage.

Just like @Mate2237 has said, it is a primary task to understand the domains such as history and the development of Bitcoin before we could proceed to progress with our holdings. So, the OP at a point tried his best too but hope to see you do more better.
Keep to your good work of research and learning new ideals towards your goals in the Bitcoin industry.

[GigaBit]

Bitcoin today is considered as the future global currency because of it's ability to solve global financial problems like allowing people from different parts of the world to transmit money at will, anywhere in the world and at any given time. Bitcoin is no longer solving the financial problems of 50-80 million people in one particular country instead, it's now solving the problems of more than 7 billion people and that's why Bitcoin network will continue to expand across the globe until it finally becomes a legal system of money in all parts of the world.

Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come

Almost all humans know about Bitcoin, but not everyone is in it, Bitcoin is still an alternative not a medium of exchange in all parts of the world because there are still countries that prohibit the use of Bitcoin. No one knows what will happen in the next ten years, especially for the issue of medium of exchange. Bitcoin will definitely continue to find a place for everyone because the potential it has continues to show positive changes for everyone who dares to get involved in it.

Bitcoin provides space for anyone to achieve financial freedom and Bitcoin also excels in maintaining value so that many people are aware of saving Bitcoin. Let's hope that in the future bitcoin will continue to be as it is now so that people have the option to achieve financial freedom by getting involved in it.

Agreed, many people know about Bitcoin but not everyone is aware. Because of which not everyone can succeed from it. But those who will stick with it consciously can definitely get a financial freedom in the future which is not impossible. However, Bitcoin is still not legal in most parts of the world. But the public's willingness to use Bitcoin continues to grow. Governments are not able to reduce its use by various restrictions. And while they are failing, many of them are also thinking about how to adopt Bitcoin. Bitcoin is a financial freedom that no one can stop, no matter how hard they try. Earlier, Bitcoin was purchased at the individual level, but now the interest of institutional investors is gradually increasing and will continue to do so in the future.

[DaNNy001]

Bitcoin today is considered as the future global currency because of it's ability to solve global financial problems like allowing people from different parts of the world to transmit money at will, anywhere in the world and at any given time. Bitcoin is no longer solving the financial problems of 50-80 million people in one particular country instead, it's now solving the problems of more than 7 billion people and that's why Bitcoin network will continue to expand across the globe until it finally becomes a legal system of money in all parts of the world.

Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come

Almost all humans know about Bitcoin, but not everyone is in it, Bitcoin is still an alternative not a medium of exchange in all parts of the world because there are still countries that prohibit the use of Bitcoin. No one knows what will happen in the next ten years, especially for the issue of medium of exchange. Bitcoin will definitely continue to find a place for everyone because the potential it has continues to show positive changes for everyone who dares to get involved in it.

Bitcoin provides space for anyone to achieve financial freedom and Bitcoin also excels in maintaining value so that many people are aware of saving Bitcoin. Let's hope that in the future bitcoin will continue to be as it is now so that people have the option to achieve financial freedom by getting involved in it.

Agreed, many people know about Bitcoin but not everyone is aware. Because of which not everyone can succeed from it. But those who will stick with it consciously can definitely get a financial freedom in the future which is not impossible. However, Bitcoin is still not legal in most parts of the world. But the public's willingness to use Bitcoin continues to grow. Governments are not able to reduce its use by various restrictions. And while they are failing, many of them are also thinking about how to adopt Bitcoin. Bitcoin is a financial freedom that no one can stop, no matter how hard they try. Earlier, Bitcoin was purchased at the individual level, but now the interest of institutional investors is gradually increasing and will continue to do so in the future.

I can tell you vividly that this has been the situation in my country and Bitcoin. The government have continually tried to fight Bitcoin and even cryptocurrency at a general but the whole thing is actually centered on Bitcoin. But the good thing is that the whole youth and citizen of the nation have proven resistance to this as everyone continue to find other strategy that would provide effect use of Bitcoin no matter what.

[justdimin]

The newest revelation that has led many to accept BTC is the fact that the government of any country can either chose to adopt it as a legal tender or use it in addition to their countries currency by merely regulating its activity. Now, that's a big plus for something that was seen as a chaos waiting to happen, hence why many governments created their CBDCs to prevent or discourage their citizens from patronizing cryptocurrencies like Bitcoin for real because of the lure of what digital currency stands to represent and project.
It's now very potent, in that all the sayings and thought of the first and popular cryptocurrency, Bitcoin failing, has been disproved.

A time will come when the world governments would have no choice than to adopt BTC and cryptocurrencies as a recognized means for payments after transactions because because of its consistency in proving regulators wrong and doing the needful where our regular commercial Banks fail or fall short.

That time has already come and we are seeing a lot of people making a lot of changes right now. Look at governments, most of them are making a mistake and we should consider how this is a very normal situation. I think the best thing about the current deal is that we need to make sure that we can hold it, as long as we can so that we can profit from it while governments end up with getting a better result.

Just consider the fact that we are going to be seeing a lot of the best things possible happening to bitcoin by governments not only accepting its existence, but putting good laws into it as well, saving people from scammers and also keeping it legit and a commodity as well. So all in all, I think we are on the right direction.

[Gladitorcomeback]

Just consider the fact that we are going to be seeing a lot of the best things possible happening to bitcoin by governments not only accepting its existence, but putting good laws into it as well, saving people from scammers and also keeping it legit and a commodity as well. So all in all, I think we are on the right direction.

When do you think is that going to happen? The truth is, some governments will never be able to accept and allow Bitcoin in their countries as long as they don't get changed, maybe if the old rulers are removed and replaced with new ones who understand the potential of Bitcoin and the technology and realize how useful it can be for them and their country, then they may think of allowing it after putting strict regulations and laws around it.

Governments that understand this are already doing everything they can to bring Bitcoin and its usefulness within their countries and make good use of it. They know how much people like and use cryptocurrencies either for earning money or for personal use, so they aren't pushing them away but are trying their best to regulate them and allow their people to use them while staying within legal limits and boundaries.

[Mate2237]

I can tell you vividly that this has been the situation in my country and Bitcoin. The government have continually tried to fight Bitcoin and even cryptocurrency at a general but the whole thing is actually centered on Bitcoin. But the good thing is that the whole youth and citizen of the nation have proven resistance to this as everyone continue to find other strategy that would provide effect use of Bitcoin no matter what.

Bitcoin is something that the government can't fight it directly but can fight it indirectly through the Centralized Exchanges and Centralized Mixers. And anything that is centralized and connected Bitcoin they can fight against it. And that is the case in your country. The government is fighting against Bitcoin through the exchanges yet the youth and other users if the digital currency is still active and because of the self custodial wallets use by these people the government can't stopped Bitcoin and the uses is continues.

And day by day the number of people using Bitcoin in the country increase tremendous. And the knowledge of Bitcoin about Bitcoin is widen. And the good part of if it all is that whether government accept or approved it or not, people are using it and government can't stopped them.

[Iranus]

I can tell you vividly that this has been the situation in my country and Bitcoin. The government have continually tried to fight Bitcoin and even cryptocurrency at a general but the whole thing is actually centered on Bitcoin. But the good thing is that the whole youth and citizen of the nation have proven resistance to this as everyone continue to find other strategy that would provide effect use of Bitcoin no matter what.

Bitcoin is something that the government can't fight it directly but can fight it indirectly through the Centralized Exchanges and Centralized Mixers. And anything that is centralized and connected Bitcoin they can fight against it. And that is the case in your country. The government is fighting against Bitcoin through the exchanges yet the youth and other users if the digital currency is still active and because of the self custodial wallets use by these people the government can't stopped Bitcoin and the uses is continues.

And day by day the number of people using Bitcoin in the country increase tremendous. And the knowledge of Bitcoin about Bitcoin is widen. And the good part of if it all is that whether government accept or approved it or not, people are using it and government can't stopped them.

It is true that the government cannot completely ban bitcoin but if they are really serious about stopping it then we will face a lot of difficulties. It is likely that many people will still invest in bitcoin regardless of whether the government stops centralized exchanges or any bitcoin-related services. But if they order criminal prosecution and imprisonment if they discover someone using bitcoin, things will then be much more serious. In that situation, I don't think many people will dare to risk using bitcoin like before. But fortunately, no government has yet become that strict with bitcoin, and we should not look down on the government and think that they can do nothing to us.

I have a feeling they don't really want to ban it completely, they're just buying time to observe and evaluate carefully before accepting, not that they don't have the ability to ban it.

[FanEagle]

Making governments accept it was a good method, and we used taxation as a bait for it. This way, we are capable of using bitcoin without a worry in the world, and nobody can say anything to us, and in exchange we end up with something much greater than we expected, it's quite a good situation.

However, as we can see right now, that came with a cost, which is taxation, much of the profits we make goes to paying taxes back to the government, basically they are taking money from us in exchange of making bitcoin legal, which is fine for me, but not fine for some people as I hear. I am fine with it, because I rather pay taxes to be able to handle all of this, 30% taxes are fine where I live, and not really a terrible level.

[Hamza2424]

Op you cant be sure about such global developments such as acceptability in 10 years or 20 years even with almost its not suitable because there's a factor called global uncertainty which is in the entire system in the economy, in power, in control and climate as well. There are many hidden and clear factors that can affect Bitcoin's future potential.

Just for a second imagine a world war, or just imagine a network shut down for a few weeks, or just imagine a global crisis even bigger than  COVID-19 and more lethal for the human race. So if everything goes well I'm sure Bitcoin will hit a target and still that won't be %100 it can be 80% to 90%.

[Alone055]

When do you think is that going to happen? The truth is, some governments will never be able to accept and allow Bitcoin in their countries as long as they don't get changed, maybe if the old rulers are removed and replaced with new ones who understand the potential of Bitcoin and the technology and realize how useful it can be for them and their country, then they may think of allowing it after putting strict regulations and laws around it.

There's some high-level insecurity from governments that are against Bitcoin and say that it is used for criminal activities or money laundering, I mean come on! These things are old already, the whole world has realized the value and potential of Bitcoin, move forward or you will be left behind.

Bitcoin and cryptocurrencies are a great thing for the youth because the future is going to be digitalized and knowing about these things can help them with their futures. Some young kids ar also building assets for their future using cryptocurrencies at such a young age.

What's unfortunate is that governments with negative mindsets and progressive approaches don't think about the youth or care about them, which is the reason why they are being so ignorant.

[Onyeeze]

I could remember when I was newly registered in Bitcoin talk I was excited when I make a research of Bitcoin to know the effect of Bitcoin and also know things that is not necessary in Bitcoin so for me I believe that anyone who want to know anything that relate with Bitcoin the person have to make that is necessary because bitcoin is for all about research and if you want to understand more functions and more technical things that relate with Bitcoin you have to pay attention or devote at time to make a research of things that want to know everyone will be excited when you have make a research and comes out with a positive results that relate with bitcoins

[lizarder]

Agreed, many people know about Bitcoin but not everyone is aware. Because of which not everyone can succeed from it. But those who will stick with it consciously can definitely get a financial freedom in the future which is not impossible. However, Bitcoin is still not legal in most parts of the world. But the public's willingness to use Bitcoin continues to grow. Governments are not able to reduce its use by various restrictions. And while they are failing, many of them are also thinking about how to adopt Bitcoin. Bitcoin is a financial freedom that no one can stop, no matter how hard they try. Earlier, Bitcoin was purchased at the individual level, but now the interest of institutional investors is gradually increasing and will continue to do so in the future.

There is no chance of getting success in any investment if you do not have the right knowledge, especially when it comes to bitcoin which is actually quite volatile so that it can affect people's decisions in taking an approach to it. We will get financial freedom if we understand the right investment pattern, not by looking at the success that people have achieved in bitcoin. The mistake of many people is not understanding investment and they only see people's success in taking investment opportunities and in the end they experience losses under certain conditions because they do not understand the journey of bitcoin which is so volatile.

Knowledge will give people the opportunity not to panic in a downturn because bitcoin has a repeating cycle that should not need to panic in such conditions. But because their knowledge does not know the journey of bitcoin, that is where the mistake lies in making the final decision to cut losses.

[Bloodseekers]

There is no chance of getting success in any investment if you do not have the right knowledge, especially when it comes to bitcoin which is actually quite volatile so that it can affect people's decisions in taking an approach to it. We will get financial freedom if we understand the right investment pattern, not by looking at the success that people have achieved in bitcoin. The mistake of many people is not understanding investment and they only see people's success in taking investment opportunities and in the end they experience losses under certain conditions because they do not understand the journey of bitcoin which is so volatile.

Knowledge will give people the opportunity not to panic in a downturn because bitcoin has a repeating cycle that should not need to panic in such conditions. But because their knowledge does not know the journey of bitcoin, that is where the mistake lies in making the final decision to cut losses.

I completely agree with you that there will be no success that can be achieved without knowledge and as you have said without knowing the right time to enter the market of course this will influence someone in making decisions so this will affect the results of the investments they make.
If someone makes an investment because they see the results that other people have gotten and don't have the slightest understanding about investment, of course this will make them make the wrong decision on the investment they make which will result in them losing money, so it is important for everyone who carries out their investments first. first learn so that they know the limits of what they can do and can prevent them from large losses when they invest.

[lizarder]

I completely agree with you that there will be no success that can be achieved without knowledge and as you have said without knowing the right time to enter the market of course this will influence someone in making decisions so this will affect the results of the investments they make.

That is why knowledge is important in living life because it is not only useful for financial matters but knowledge is very much needed in a complex way in living life. Especially when it comes to investment, knowledge is something that is needed so that we have an idea when we want to run an investment correctly.

If someone makes an investment because they see the results that other people have gotten and don't have the slightest understanding about investment, of course this will make them make the wrong decision on the investment they make which will result in them losing money, so it is important for everyone who carries out their investments first. first learn so that they know the limits of what they can do and can prevent them from large losses when they invest.

Understanding about investment should not be little by little but we must understand it completely. The goal is for us to have an idea in recognizing the market or the coins we want to invest in. Depending on the success of people in running investments is the wrong choice because you do not have a strategy to accumulate or exit to sell it. So in certain conditions panic will be a setback that causes someone to experience losses due to trying to decide losses in the wrong conditions.

Learn the pattern first and about other things can be adjusted when you want to run and when investment knowledge is not good, try using a small budget first to buy while learning investment regularly. Because the experience will be better when someone understands and wants to learn investment slowly.

[Rao420]

I completely agree with you that there will be no success that can be achieved without knowledge and as you have said without knowing the right time to enter the market of course this will influence someone in making decisions so this will affect the results of the investments they make.
If someone makes an investment because they see the results that other people have gotten and don't have the slightest understanding about investment, of course this will make them make the wrong decision on the investment they make which will result in them losing money, so it is important for everyone who carries out their investments first. first learn so that they know the limits of what they can do and can prevent them from large losses when they invest.

I also agree you  , before investing in any asset it is very important to understand it thoroughly and take into account your financial comfort.  Nowadays people in the rush to make quick money invest without thinking, which often leads to losses.  It is important that we carefully evaluate the potential risks and benefits of the asset and keep our financial goals in mind .

[JoyMarsha]

Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come.

That's what most of us wish but we can't tell whether it will be possible in 10 years or it takes so long to happen. In the meantime, what we solely wish is for bitcoin to be legal in many countries, not a few countries. Once it becomes legal in many countries, the need for using it as a global means of payment will arise but I think, it will be fully regulated by the government. Making the government have control over it, not supposed to be so).

[SickDayIn]

On January 3rd 2009, Satoshi Nakamoto created the Bitcoin network as a form of cryptocurrency. It was the first time in the history of money that someone was introduced a form of money that is absolutely intangible, does not exist in a any physical form; which means that it was introduced as a form of money can be used as a means of exchange yet can not be touched or physically felt.

More importantly, Bitcoin was introduced as a form of money that is completely decentralized. Bitcoin network was introduced as a system of money that totally forbids any form of control by governmental or private institutions including the brain or brains behind it's existence. Bitcoin was created to run on a digital ledger called the  blockchain technology.

This system of money was completely new to human existence when it was first introduced as there's never been a similar system of money that was ever adopted as a means of exchange and that was why many people who got the knowledge of Bitcoin at it's early stage of existence never believed that it was going to be a successful project. It was because of the numerous uncertainties surrounding the possibility of the digital coin to succeed that made many people who got the first hand information about Bitcoin to  neglect it even when it would've cost them very little or no money to own hundreds and thousands of bitcoins then.

Despite the doubt by majority of the people who were introduced to Bitcoin as it's earliest stage about the possibility of the coin to achieve the projected purposes it was created for, Bitcoin went on to defile all odds and successfully become first cryptocurrency project that was approved as a means of exchange and store of value in global market.

Today, Bitcoin is currently used as a means of exchange many countries and provinces of the world and just 15 years after Bitcoin was launched, a piece of Bitcoin is currently a little above 65,000 US dollars. The people who never believed that it'll become a successful project hence failed to invest in it when it was first introduced are now living a life of deep regret.

Bitcoin today is considered as the future global currency because of it's ability to solve global financial problems like allowing people from different parts of the world to transmit money at will, anywhere in the world and at any given time. Bitcoin is no longer solving the financial problems of 50-80 million people in one particular country instead, it's now solving the problems of more than 7 billion people and that's why Bitcoin network will continue to expand across the globe until it finally becomes a legal system of money in all parts of the world.

Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come.

These types of low quality posts seem to be occuring for the simple reason of raising total post count. This is probably someone's alt account that has the objective of joining a signature campaign. I'd monitor his posts for future use of AI.