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Showing 12 of 12 results by CTO114
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Board Bitcoin Discussion
Re: Is Bitcoin just for the rich?
by
CTO114
on 15/08/2025, 03:18:13 UTC
Surely, based on it's flexibility, it's designed for all and sundry
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Board Bitcoin Discussion
Topic OP
Tilting Towards the Physical
by
CTO114
on 15/08/2025, 00:51:19 UTC
We can't deny the fact that Bitcoin is a great companion when it comes to trade involving a lot of a variety of commodities, as the case maybe, but rarely physical.

Have you ever purchased a physical commodity using Bitcoin? What's your experience?
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Board Bitcoin Discussion
Re: Has Bitcoin sold its soul to speculation?
by
CTO114
on 13/08/2025, 22:15:11 UTC
Your concerns should tilt towards a position outcome, one certainly is, the speculations about Bitcoin wouldn't go away anytime soon
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Board Bitcoin Discussion
Topic OP
Fiat currency VS Bitcoin
by
CTO114
on 13/08/2025, 06:29:08 UTC
We experience and will still experiencing the waves of changes and uncertainty. Will Bitcoin eventually replace Fiat currency? Why or why do you not think so?
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Board Bitcoin Discussion
Topic OP
How safe is safe?
by
CTO114
on 11/08/2025, 12:11:19 UTC
Always been wondering, although there may be preferences based on opinions. What Bitcoin wallet is the safest?
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Topic
Board Bitcoin Discussion
Re: Can Bitcoin eliminate local banks?
by
CTO114
on 11/08/2025, 06:12:30 UTC
No, I honestly don't see that happening, but from my point of view the emergence of Bitcoin is a good thing because, it would enable banks; especially commercial banks to be more flexible
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Topic
Board Bitcoin Discussion
Re: Bitcoin dominace is not decreasing
by
CTO114
on 07/08/2025, 06:26:40 UTC
Market dominance based on market cap is an overrated thing. When bitcoin dominance was about 52% a lot of people were worried about how it was losing its dominance, and I find it very amusing because it's not important at all. When bitcoin had a market dominance of 80%, it wasn't this big. Ethereum has a market dominance of 11% but it's still one of the least performing coins in the market. A lot of the top coins by market cap are a fluke. Most of them have a ridiculously large amount of coins in circulation. If a coin like Shiba Inu, for example, gets to $1 per coin  (I know it's almost impossible because of how shit it is), that will make its market cap around $589 trillion, which will mean it has a higher market cap than bitcoin. Does that make it more dominant?

According to CoinMarketCap, there are about 19 million coins and tokens out there, and hundreds are being created per day, so it's normal that the percentage of dominance by market cap will keep shifting. At the rate coins get created, I won’t be surprised to see bitcoin "dominance" go lower than 50%. It's very normal because people will use altcoins to get quick money, and that is why these coins always dump because people sell off to get profit at every chance they get.

When talking about dominance, we should look at how acceptable the coin is. Which coin is more acceptable as a means of payment?
Also, the popularity of the coin. Even though only a few percentage of the world holds bitcoin, a lot more percentage of the world know about bitcoin. They may not understand what it is, but they know bitcoin more than any other altcoin. There is no way you will know crypto and not know bitcoin, but you can know bitcoin and not know other altcoins, that's dominance.
We can even look at the coin with superior features. There's a reason big corporations choose bitcoin as their asset, and rumours of countries talking about bitcoin reserves. That's dominance.


The popularity of Bitcoin is surely on the high. Likened to the spread of wild fire!
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Board Bitcoin Discussion
Topic OP
The increased need of Bitcoin in struggling economies
by
CTO114
on 07/08/2025, 00:05:58 UTC
The importance of Bitcoin is emerging in an era where it is needed more than ever. It has a key role to in various economies. Some countries battling persistent inflation, boom! Bitcoin helps, furthermore, some countries need more of digital payments, what softens that need? Bitcoin, thirdly, some infant economies experience currency instability, here again Bitcoin to the rescue. Getting to know the inner workings of this rescuer can't be overemphasized!
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Topic
Board Bitcoin Discussion
Re: Forum moderation policy
by
CTO114
on 04/08/2025, 11:49:34 UTC
The policy to not remove anything worked when the forum was small. Now that we have thousands of posts a day, we can't afford 50% of them being junk. The moderators are now instructed to be less tolerant of low-value post

1. Free speech - you can say anything as long as it is relevant and presented in a calm and polite manner. Swearing, SHOUTING etc. make your post more likely to be removed.
2. No zero value posts or threads, like "SELL SELL SELL"
3. No pointless or uninteresting threads.
4. No referral code spam
5. No NSFW content


Surely this is coming at the right and strategic time, posts should carry concise and relevant information
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Board Bitcoin Discussion
Topic OP
Bitcoin as a legal tender; not so far off
by
CTO114
on 03/08/2025, 17:18:41 UTC
For Bitcoin to be adopted as a legal tender, off course it must go through certain processes, but these processes are not ambiguous to say the least. Countries like El Salvador and not so recently The Central African Republic are Trail Blazers in the aforementioned. Looking at it realistically, the merits would certainly alleniate any demerits that may occur. It surely puts innovation where it should be on a pedestal, foreign cash injection becomes and the global phenomenon; inflation can be better managed. What is holding back is definitely from constituted authority, as households and individuals already accept Bitcoin in some forms as a legal ten. What is stopping it's gradual integration?
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Board Bitcoin Discussion
Topic OP
The not so far future of Bitcoin
by
CTO114
on 31/07/2025, 17:38:40 UTC
Surely the intricate question must have crossed your mind; what does the future of Bitcoin look like?
Looking at the interest and attention it has continued to gather over time, are we starting to see this take centre stage, surely, in the long run, it's value will continue to increase. Although there could be some issues with instability as a result of it's inflationary trends. It wouldn't surprise me to see more financial institutions coming to terms about its usage.
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Board Bitcoin Discussion
Re: Sign to accept your salary in bitcoin?
by
CTO114
on 31/07/2025, 17:30:43 UTC
It has all the parameters for critics to pounce at face value, but wait, think about it; it's a pathfinding and pave setting move, which some high profile athletes may join in. It's surely a form of investment with its own risks, just like any other investment, maybe, he has started to see what we've all been talking about.