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Re: why bitcoin is so much special than others currency ?
This is so really hard to say special cause its difficult to explain specialty in short word
Some of them are given below:
Its a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.
Some of them are given below:
Its a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.
Bitcoin has been standing for how many years already and still provides good value of money, the reason why bitcoin is famous is because it has been the face and icon of cryptocurrencies worldwide, this has been a face and origin how cryptocurrencies works these days, it has been a convenient, easy and friendly transaction to other company, imagine the convenience of bitcoin worldwide, it has been legalize to other countries and big company, unlike other cryptocurrencies, bitcoin has already earn respect and good value of money. Bitcoin and it's name is already a history.
The lack of financial education in general is a worrying problem. We teach students about literature, maths, science, ... and we tell them that those are the things they need to know in life. Yet usually, the largest single expense they will have on their lives is a house, and that normally comes with a mortgage. Yet, only a few schools will tell them what should they be expecting, the risks and the consequences of such a contract.
Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.
What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?
Bitcoin and alts is another case in which people are carefully kept in ignorance by the governments and lobbies.
What can we do to make more people interested in economy and finance and to better educate the youth so that they don´t get ripped-off?
To be honest here in our country financial education was not the biggest priority it terms of teaching, they're focusing on general standardize education process and flow, and yet in reality as long as you're yoing we should know how salary can be divided into span of weeks or months, proper way of managing money, income and what so ever. I just don't know why many people still are being tied up to a old fashioned school works. But in reality we are not helping those younger people to open their eyes about financial stability once they grow up. Facing the fact thay they're still young, but beiinf young os not forever and we need to be pratical on this mad world.
Mine was selling Verge before it went 13X lol.
Everybody post their biggest mistake!
Everybody post their biggest mistake!
My biggest mistake before is not believing my uncle about bitcoin atuff, knowing that he's my one my trusted relatives in our family and yet I never believe that bitcoin will be famous and legit thing, he introduced me bitcoin way back 2016 and that time bitcoin has less money value still, after 2 years I realize how bitcoin raise the value from 2016 to 2018 the price was being tripled, Now my uncle own a nice 2 car and a small business. And he's laughing at me now.
I don't really think it affects our environment figuratively, as we all know cryptocurrencies is a digital currency and it affects our environment to act wildly, if the bitcoin price up many people acting on how they can sell their asset asap, when the price go down people are still panic selling and buying, it affects the environment cycle and the playing games with their mind. The tru environment of digital currency is the people's mind and it helps people to think wisely and practically.
Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
Bitcoin stands for how many years already same question, same genra, same time that no one can predict if bitcoin will suddenly end, but on my own opinion it won't be down easily just like a snap, that's really true that many cryptocurrencies are already existing there, but bitcoon already buys the trust of people out there, it will takes a long time to takw this down, imagine your posting on this forum many times and trusting that one day you'll still earn. Bitcoin will stand atill.
Hey everyone 
finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...
finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...
That's the real problem in our generation today, lot's of people are doing panic buying and selling, they really don't know that it affects the cycle of cryptocurrencies, the more you sell your asset the more the demand will get lower that is why it's affecting the value as well, it should be balance and well played, some other newbies like me don't really know how to handle and what is the best time to sell or to holdbit, but as of the mean time lota of people are selling their stuff because it affects their asset, they think it will not be domino effect to other holders.
Re: What to do with the people who don't like Bitcoin?
What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
You don't need to please those people who doesn't understand what is the benefit and power of bitcoin. People are people nowadays, they are cloufded bu the bad image of bitcoin on media right now, they really think that bitcoin is all about stealing, scam, networking, or any names that they want to mention. But to be honest we can't really deal with those type or person in our world, as long we earn with integrity and good value of money that's fine. They're not the one who's feeding us. We are just working on million. 😁☝️
Everyone wanted higher bitcoin price and we achieved this but another problem become transaction fees. When bitcoin's price was low, we had to pay also low fee and now when it rised, we have to pay high fee in bitcoins and plus that high fee is more higher with current price. Is this fair? The higher the price, the more money miners have with bitcoin exchange.
To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.
To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.
Definitely it's fair price, as yoou can see when bitcoin falls there are many buyers and investors are rush selling, when bitcoin price go high is still valid, how can you can say it is not fair? It's 2018 already and lot's of sellers, holders, traders don't act any uncessary movement. Well that's the cycle of life of bitcoin.
Every market like stocks commodities Interest rates etc see corrections upto 75 % which doesn't mean that they will not go back up higher and history proves otherwise. These corrections in fact are healthy. There can be many many factors behind these moves. Bitcoin being the first crypto with early mover advantage and with improvements like Lightning Network in the works, Bitcoin will keep growing and will see new highs in the near future.
Bitcoin will always have that moment that it will go down at times, just consider it a blessing in disguise nowadays. As you can see that bitcoin will start to go high on a specific phase, it will really depend on the demand thay bitcoin has, as you can see many bitcoin holders are still holding their ace, which is whu. Bitcoin start to go down. The cycle is not being meet, just like a cycle of money. But as I can say that bitcoin will raise $20K and more.
why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Come share your thoughts
To be honest most of them is keeping ang holding their bitcoin is because later part the changes are very unconditional and unstable, they keep waiting until the price will go high. Higher the hold more chnaces that this value might have been increase as well. That's the benefit of it.
Re: If Bitcoin had a stable price, would it still be as popular?
bitcoin right now have a better and stronger user base than when we were at 1200 peka, so this is already answering your question
and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...
and anyway popthe value larity is directly correlated to popularity and usage, so there is no way that you can have a low value and mass adoption...
Agree with this. Bitcoin has already been dealing with a good value of money and I can say even it has a stable price it will still be famous. So based on your question it will be a famous stuff all over the world.
when ever I found any news about bitcoin it is negative news , i am confused why traditional mass media always against bitcoin ?
Here in our country in Philippines, Media has a bad image how bitcoin works, it saddens me to hear that this investment that helps Filipino citizens to fight poverty is just a scam to other peoples eyes. They really don't know how bitcoin works. They just have a big opinion that this kind of stuff is just a joke and full of scamm, But in reality, bitcoin helps in order to have good investment amount of money. Media is media. People are people. But for us, Bitcoin > Media' s eye.
This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me
His Address 166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL Final Balance 103.20832384 BTC
So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used
He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying."
His Address 166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL Final Balance 103.20832384 BTC
So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used
He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying."
What a sad story it is. 103 is more than enough to have stable life and stable to have a business, house, etc. Life happens for a reason, tough times don't last forever, tough people do. I hope and I pray that this guys can found his wallet.dat.
It is freedom as well as power to your pocket. It has eclipsed all the currencies that are controlled by the governments so it makes me look forward to greater things ahead. Lets advocate and promote the BTC, the more the people that use it, the more the governments realise everyone has a right to use their own wealth in their own desired way.
Bitcoin is freedom and yes it is! As we all know that government can't handle bitcoin over the net. This gives us easy access to earn money these days, with just 1 click away, money comes down asap. This is why bitcoin stays for how many years and still surviving the odds.
What is most profitable to invest for 5 years ?BT or ETH
Well, what I can highly suggest is btc, as we all know bitcoin is existing for more than years already, realiable wise, and money wise. So bitcoin got my vote.
Absolutely, because there are no major trigger that caused the price to go up and yet the price going up so high in an instant, this case usually going to end up in correction, but within the new breakthrough there will be new bottom limit, but I still surprise to see the price keep on increasing in the middle of the multi-fork event
That's totally correct and I can say that it's really surprising value of bitcoin, if youc can see the graph and difference it's really big. And it would be nice to invest already. The bitcoin will work for you if you have bitcoin,. Any people nowadays looking for good investments since bitcoin is already have the good market value
I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.
I was once read some article about bitcoin here in internet, I can say that its far related to criminals who do trading online, no one knows, but you can see that it's been how many years that we're using bitcoin or any other cryptocurrencies and yet the value is still increasing, everyone knows that its hard to block bitcoin and banned internet stuff. It's 2018 already and I can say that bitcoin is not a criminal thing. Bashers do. Haha
Hi folks share your thoughts about crypto currencies. i will really appreciate to all experts here thanks
Like other sayings that no one can predict what cryptocurrencies will be in future, but I can say that this market value of cryptocurrencies is quiet good showing this past month, good growth and money but until now, what will be the trend of this stuff to 2018. Let see.
At this time bitcoin price is very dumping.I think it's time to buy bitcoin.Do you think, this is the right time to buy bitcoin or wait few days.Please tell me?
Bitcoin these days is very expensive and the value of the crypto currency is rapidly skyrocket, I gues it will be a hard time to get the perfect timing to buy bitcoin in market. What I can highly suggest is just keep an eye of the price each day, no one knows if bitcoin will decrease it's value.
yes, I agree with you. Optimism is an attitude that a successful person must possess.
I am optimistic with bitcoin from the first I know bitcoin, I am sure that bitcoin will develop well, even I am sure that someday bitcoin will be equivalent to lamborghini price.
I am optimistic with bitcoin from the first I know bitcoin, I am sure that bitcoin will develop well, even I am sure that someday bitcoin will be equivalent to lamborghini price.
I can definitely tell that bitcoin 2018 wiill be a good year. Being optimistic to all possibilities that bitcoin will raise like a tower, trust me people who don't know what bitcoin is, that's the time that they will cry and beg to go back in past to invest to bitcoin.