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Showing 9 of 9 results by SemionDevyatkov
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Board Bitcoin Discussion
Re: How well does Bitcoin function as a currency?
by
SemionDevyatkov
on 14/10/2018, 12:49:49 UTC
Quote from: alexhunter54 on October 13, 2018, 02:55:22 PM
bitcoin  is  not  a  currency  since  it  is  not  accepted  from all  governments  but  i  think  it  is  going  to  become  soon  and  everything  will be  better than  now .
I'm not sure Bitcoin will be accepted by the government soon. It will be difficult for them to do this. If it is accepted by large corporations of the world market, then the government can think about it.
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Board Bitcoin Discussion
Re: Banks will always be against cryptocurrencies?
by
SemionDevyatkov
on 13/10/2018, 18:50:47 UTC
The real answer to the question "why banks don't like cryptocurrencies" is that they feel a certain threat. The growth of cryptocurrencies has surpassed all expectations, and this phenomenon is still very young, but it has the potential to shake the aging system.
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Board Bitcoin Discussion
Re: What do you think about Bitcoin?
by
SemionDevyatkov
on 12/10/2018, 19:09:40 UTC
it is quite risky to deal with bitcoins, the price of which is very volatile. Since their offer is strictly limited by the algorithm, it is hoped that if they are used by more people, their price will increase. Reviews of earnings on the bitcoin exchange rate are also contradictory, as it is very difficult to make a forecast.
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Board Bitcoin Discussion
Re: Is it possible to use bitcoin as a medium for collateral?
by
SemionDevyatkov
on 12/10/2018, 18:29:39 UTC
Perhaps this is why this system was created
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Board Bitcoin Discussion
Re: is it true that bitcoin is a disaster for local banks
by
SemionDevyatkov
on 11/10/2018, 18:06:52 UTC
Quote from: billygarrison on August 08, 2018, 04:37:23 AM
I heard the news, that banks are afraid of bitcoin and can replace banks, because the excess of bitcoin is much compared to local banks

Of course, because now we do not need to contact banks for currency. In fact, we return to the exchange of goods for goods.
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Board Bitcoin Discussion
Re: Banks will always be against cryptocurrencies?
by
SemionDevyatkov
on 10/10/2018, 16:09:25 UTC
Quote from: Gabb on September 16, 2018, 10:46:52 PM
No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.

Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.

That's for sure. Many banks are not satisfied that this is in fact electronic money. And return to the exchange of goods for goods
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Board Bitcoin Discussion
Re: How could bitcoins survive further
by
SemionDevyatkov
on 10/10/2018, 16:02:23 UTC
Quote from: fiulpro on July 07, 2018, 11:57:01 AM
In recent days we have seen lots of news which are negative about bitcoins and how government and Banks are doing whatever they can to limit the exposure of Bitcoins to people.
Like recently the banks banned the bitcoins transactions in India and since there is no money or hand to hand transactions going on now people won't be able to buy and sell bitcoins using the money in their banks . Person to person transactions is something that requires us to paly with a dice of luck.
What you think Bitcoins can do to survive in this world right now ?
What can it do to gain favor of the government and banks ?
Could it be possible that banks see it as an ally contary to a threat ?
Aren't government already regulating Bitcoins and aren't they already making people pay taxes how much they demand ?
What you think Should be the next move of Bitcoins.


I think there should be a body to Target these kinds of issues and body which will stand up for bitcoins and other cryptocurrencies and present them in from of the judiciary, so that everything can be fair .
Right now governments are doing whatever they please.

Anyway, Bitcoin continues to exist, in many countries it will be banned, but in many countries it is allowed
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Board Bitcoin Discussion
Re: Will Bitcoin bring an end to Paypal?
by
SemionDevyatkov
on 09/10/2018, 14:36:28 UTC
Quote from: Isiaka208 on September 30, 2018, 04:47:09 PM
In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?
it is a different things, i dont think that BTC bring an end to PP.
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Board Bitcoin Discussion
Re: Is it still worth mining bitcoin in 2018 ?
by
SemionDevyatkov
on 09/10/2018, 09:07:32 UTC
Quote from: TitanAI on January 25, 2018, 09:06:45 AM
My question is if it's still worth buying Asic's and start mining BTC in 2018.

If not mine BTC what other coin is it worth to mine nowadays?
Bitcoin is quite unpredictable cryptocurrency, very few people can answer this question. However, there are a lot of worthy analogues now, and if you sit and analyze the current market, you can get an answer to your question about other currencies.