Bitcoin as a mode of payment is a great thing have done so far in bitcoin. It is very convenient to people, they don't need to be stress out falling in line in cashiers and other payment center.
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BoardBitcoin Discussion
Re: Will Bitcoin be replaced by another cryptocurrency?
by
bionicles
on 20/01/2018, 14:17:16 UTC
No because it is in the peak of popularity, many people invest and use bitcoin nowadays, so it's hard to say that it will be replace by other cryptocurrencies.
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BoardBitcoin Discussion
Re: Can any government ban Bitcoin?
by
bionicles
on 20/01/2018, 12:05:34 UTC
Some countries, their government have already ban bitcoin because it used in illegal transactions like drugs and weapons.
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BoardEconomics
Re: Why people says gold is better?
by
bionicles
on 18/01/2018, 16:01:39 UTC
They say gold is better because the value of gold doesnt depricate. As time goes by, the value of gold increases.
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BoardBitcoin Discussion
Re: Why do some government ban bitcoin?
by
bionicles
on 18/01/2018, 15:51:08 UTC
Government ban bitcoin because it can be use in illegal transaction like buying drugs or weapons online.
Not really, because the value of bitcoin is unstable and unpredictable while the value of gold appreciate as the time goes by.
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BoardSpeculation
Re: Why bitcoin so expensive?
by
bionicles
on 18/01/2018, 00:35:05 UTC
Bitcoin is expensive because it is limited to 21Million. When miners GPU is destroyed then the bitcoin that it mined will disapper. When its stock decreases the value of it will increase.