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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stucked in holding.
We all know that bitcoin value is not stable sometime it goes up and sometime it goes down and this year is probably the worst year for crypto, Many users are still holding their money because of its price. But i think this ber months bitcoin will be back stronger you have just put yourself in a situation where you dont have to panic let yourself be patient and wait till the right day come. It is just my opinion and i am positive that it will happen as soon as possible.
Bitcoin is truly a treasure for someone who achieved even a single piece of it. Its value transcends that of a precious gold dust, proven that most people spend most of their time and effort to gain one bitcoin atleast. One can say that a bitcoin can replace everything; from salary, currency and that of a treasure. A country with its citizen having much reserve of bitcoins can be a powerful economic advantage.
Can we consider bitcoins as national treasure of a country comsidering its economic significance?
Can we consider bitcoins as national treasure of a country comsidering its economic significance?
Yes, we can consider bitcoin as a national treasure since bitcoin should take more time just to get 1 bitcoin and we could treasure it until the value of it get high. everyone could consider the bitcoin as a treasure as long as you get benefits from it it would be a treasure or simply say that this is our asset that we could treasure. And somehow, i do believed that bitcoin would not ever replace by any other currencies because it is the one who able to walk with the other states of the country.
Re: Can Bitcoin be programmed to process deferred payments?
Hi everyone,
I have a question:
Can Bitcoin be designed to make periodic repayments of lets say...consumer loans? And if not, can it be accomplished with smart contracts and are there examples?
Thanks in advance
I have a question:
Can Bitcoin be designed to make periodic repayments of lets say...consumer loans? And if not, can it be accomplished with smart contracts and are there examples?
Thanks in advance
Yes i think it can be accomplished since bitcoin have a transaction with the use of technology but it depends on how they manage it. and i think they design bitcoin as periodic repayment in the next several years. They should think first a smart contract or way that everyone could access. They should have a strong platform before they implement it. It also depends on the agreement of management but i think it could be accomplished since they have a prior knowledge about bitcoin.
The Ceo of Bitcoin cash recently stated that soon people wouldn't be needing banks anymore.Does it mean the world is going crypto soon or he is just bluffing.
It is not impossible to happen since bitcoin are proven by many individual but i think it would be just an optional. It also give us a good benefits, it could help us to save our money since we have an digital wallet, less time and less hassle if you are in a transaction of bank unlike bitcoin or should i say digital wallet could make our transaction easier and faster. But like what i have said that i think that it would be an optional.
I always hear the argument for capitalism "B bb BUT people won't innovate without the profit motive" WRONG
Humans want to solve problems, create, and innovate, they do not need money to motivate them. Cavemen were painting art 20,000 years ago without the desire of money.
True scientists like Tesla, he didn't care about money it was about the pursuit of science.
Capitalism does not cause innovation, most new technology is found by government programs like nasa (internet, smartphones, etc)
Humans want to solve problems, create, and innovate, they do not need money to motivate them. Cavemen were painting art 20,000 years ago without the desire of money.
True scientists like Tesla, he didn't care about money it was about the pursuit of science.
Capitalism does not cause innovation, most new technology is found by government programs like nasa (internet, smartphones, etc)
I am totally agreed to this statement but, nowadays, most of the people are more concern to money than anything since money is the most important factors in our lives, it is the one who provides our life. We work because we want to give our family a better life, we want to give them their needs as well as their wants. Therefore, there is no problem if the people will motivated by money because it is one that we need to we work for.
https://motherboard.vice.com/en_us/article/7xmvbq/bitcoin-energy-science-world-electricity-demand
Now Motherboard is not the best source for news, but let's consider the implications of this...
Consuming immense amounts of energy is actually somewhat counterproductive if we consider the vision of Bitcoin giving us tools for independence. And it's somewhat unethical because we should not be using more than we need on this earth.
However, we don't really know how much energy it is consuming at this stage, so this could just be another reporter trying to find a story.
Now Motherboard is not the best source for news, but let's consider the implications of this...
Consuming immense amounts of energy is actually somewhat counterproductive if we consider the vision of Bitcoin giving us tools for independence. And it's somewhat unethical because we should not be using more than we need on this earth.
However, we don't really know how much energy it is consuming at this stage, so this could just be another reporter trying to find a story.
First and foremost, energy is not issue at all it does not matter how energy you produce as long as you earn more money from it, energy is not issue. But in terms of consuming energy that involves economy, we could say that it is too much energy are produced but, since solar power are already implemented we cannot assure that this are enough to mine a coin successfully. But back to the topic, like waht ive said energy is not issue at all as long you earn money it does not matter.
government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.
Government should have a process that everyone could access, aside for improving the economy of people we should first think the result of implementing bitcoin as currency in the specific country.
Regarding to these list I think, government do not need to improve the economy first before implementing bitcoin but rather bitcoin will help the economy improve by itself. Through this it decrease the poverty level to the said country.
Though its easy to see why governments would want to regulate the movement of digital currencies, the reality of doing so is much harder. A lot of wallets have no identification to them and rest on a server in a third party country. In the case of offline wallets in devices such as the Ledger Nano, theyre not connected to any network.so is it possible to regulate ?
Yes they cannot regulate digital money because of the process which the wallet is having no identification to their server, they are not connected to any network but, i think they use something new process that everyone can use it as a currency. Somehow, government should implement digital money as a new currency since we are living in this world where technology almost control all individual.
Bitcoin at the present time resembles as a bubble.Once it goes up, it immediately pops out. It is normal that the price of bitcoin gets down but it's been a long time since it is on its original value or higher than its real value. Those who invest these past few months are suffering a lot of loaaes and they are losing hope that bitcoin will continue to drastically decrease in value. Do you have guys some advice for me? It will be really appreciated and I will be eternal grateful.
We all know that bitcoin is not stable in terms of its price but it doesnt mean that this is the end of bitcoin. Bitcoin price gets down but immediately it goes up but it takes a lot of time before we get that, we need first to have a patient to wait the price until it back. but somehow, we all know especially bitcoin user that bitcoin will come back stronger let ourselves calm and wait.
Who is that person who would not invest in his or her future? what awaits such kind of person, i asked about 50 friends and their answer was POVERTY, some says DISASTER.
It is normal for people to be scared as they are not sure of what the future holds, they panic, they fear as no one knows tomorrow, we are uncertain of what would become of us in the next 10 minutes.
The only way we could atleast be sure of a better future is by investing greatly into the future, we invest our resources, our strength, we go against our parents sometimes to pursue what we think is better for us that would be beneficial to our Tomorrow.
BITCOIN = FUTURE
I believe so much in Bitcoin that i staked all of my resources, i had to even talk to my wife to allow us sell our house so we could invest in our future and that of our children and i must tell you that it is really paying off, we bought 5BTC this year when it was dip around 5000 dollars, and i believe you all know what the price of BTC IS TODAY... This is my first post on this platform, i'd decided to do this so as to have a platform to refer doubters and people with no foresight to when BTC hits 100 thousand dollars before middle of next year 2019
It is normal for people to be scared as they are not sure of what the future holds, they panic, they fear as no one knows tomorrow, we are uncertain of what would become of us in the next 10 minutes.
The only way we could atleast be sure of a better future is by investing greatly into the future, we invest our resources, our strength, we go against our parents sometimes to pursue what we think is better for us that would be beneficial to our Tomorrow.
BITCOIN = FUTURE
I believe so much in Bitcoin that i staked all of my resources, i had to even talk to my wife to allow us sell our house so we could invest in our future and that of our children and i must tell you that it is really paying off, we bought 5BTC this year when it was dip around 5000 dollars, and i believe you all know what the price of BTC IS TODAY... This is my first post on this platform, i'd decided to do this so as to have a platform to refer doubters and people with no foresight to when BTC hits 100 thousand dollars before middle of next year 2019
As a user of bitcoin who got a benefits from it, i am pretty sure that bitcoin will be the one of the main key for our future since it is proven by some bitcoin user who also got a highly benefits. Like for example, me as a student who unable earn more money yet will helped financially by bitcoin. as my observation, bitcoin it not also for financial as a future but also for the safety of our future money.
hello member of the bitcoin forum, 
I'm confused and looking for answers about how to help people who are having economic problems,
are there any of us in this forum who have a good heart to help the economy of fellow human beings,
can opening new jobs reduce unemployment and improve the economy?
I'm confused and looking for answers about how to help people who are having economic problems,
are there any of us in this forum who have a good heart to help the economy of fellow human beings,
can opening new jobs reduce unemployment and improve the economy?
i am strongly agree to this statement, through the use of bitcoin our economy in terms of unemployment will lessen. It could give the unemployment an opportunity to have a decent and easy job. bitcoin could not only give benefits for every individual but also for the whole economy . for unemployment you can also start up a business through this ,since it can make as a source of funds that lead for the start of your possible wealth life.
therefore, bitcoin can help us individually and internationally.
Re: Can't we accept bitcoin is going through developmental stages
A lot of noise and FUD news was been said about the price movements of bitcoin lately. We are expecting bitcoin price to move up faster without considering the facts that the process of cryptocurrencies revolution comes in stages. Even the fiat currencies also pass through some stages before it become stabilized.
In every sphere of life, there is always a revolution and developmental stages which I believe is also affecting bitcoin too. Let have believe that this process will stabilize bitcoin in the long run and be more acceptable.
In every sphere of life, there is always a revolution and developmental stages which I believe is also affecting bitcoin too. Let have believe that this process will stabilize bitcoin in the long run and be more acceptable.
we can say that this is just a development of bitcoin or simply say that bitcoin is in the process of developing. I believe that bitcoin is in the process of development and just for a fast recovering for its price. but , we all know that everything has a process that is needs to be follow, it takes a lot of time before you fulfill your wants. this statement can simply relate into bitcoin where bitcoin have a crisis that need to be solve soon otherwise it also need a process before you resolve the problem. you should have a attitude that always keep in your mind that nothings will change if you cant do nothing for yourself simple as that.
How much, in your opinion, has international relations influenced the world economy and what do you think about it?
As far as i observe, bitcoin have been influenced the world economy since most of individual takes the bitcoin as a source of their funds. that is my main reason why we can consider that bitcoin had influenced the world economy. And it is not impossible to make bitcoin as the main currency in whole world since almost are use this kind of digital money there is nothing impossible that could happen soon in our whole world. We have expect more things about cryptocurrency specifically bitcoin as the main source of all human beings.
Hi everyone
I'm pretty new to all of this and thinking about buying some bitcoin.
I have some concerns about the world economy influence on bitcoin.
For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?
do you think Bitcoin is strong enough at this point to be self-sustaining?
thanks for the help
I'm pretty new to all of this and thinking about buying some bitcoin.
I have some concerns about the world economy influence on bitcoin.
For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?
do you think Bitcoin is strong enough at this point to be self-sustaining?
thanks for the help
I think it is enough to say that bitcoin can be self sustaining since cryptocurrencies were long lasting in terms in our industry. It is so much proven that bitcoin would be more long lasting in our economy. maybe some country would put restriction on using bitcoin because there are some instances that could affect economy that turns in bad. For US, i think bitcoin and world economy will be team up and resolve the main problem of the world economy. bitcoin will be the one who resolve the problem of whole world economy.
Re: Bitcoin will control the world economy!!!!! is it true?
Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon.
Yes i agree, It is possible that bitcoin would be the main medium to control the entire economy because in our day bitcoin has almost control the economy of the other particular country but, we all know that in crypto world there are so many instances that could stop bitcoin such as the unstable price of bitcoin that could be the main cause of falling bitcoin.But technically, many people depends on bitcoin, they take the bitcoin as their main source of their funds. So, we expect that most of the people specifically bitcoin user would agree on this kind of situation.
For quite sometime now I have been secretly praying and hoping that Bitcoin doesnt rush with this upward trend.
I do not think the miners will be able to keep supporting bitcoin mining if the price goes below 6000$.
Hopefully my prayers seem to have been answered as I can see an organic in bitcoin value to 7000$ for a while. Do you think this is an organic rise in bitcoin value and is it likely to remain within the ranges of 7000$ without dropping? Share your emotions and opinions guys!
I do not think the miners will be able to keep supporting bitcoin mining if the price goes below 6000$.
Hopefully my prayers seem to have been answered as I can see an organic in bitcoin value to 7000$ for a while. Do you think this is an organic rise in bitcoin value and is it likely to remain within the ranges of 7000$ without dropping? Share your emotions and opinions guys!
We all know that the price of bitcoin is in very low which is not normal in usual price of bitcoin but i do not think that the miners will be not able to supporting bitcoin since their job is to mine a bitcoin. Maybe some of them are affected but they need to do their job without hesitating. So generally, we do not blame the miners in terms on what crisis of bitcoin have faced.
Since bitcoin price is not stable i think we should keep praying until the price will back in normal. Be patience on waiting the right time, always be positive and do not panic.
what do you think will happen on bitcoin after several years?
i expect that bitcoin will a more bigger continuities and maybe that we can use bitcoin currency in public like buying in a supermarket cause we alk know that technology in our world was growing in every second that's only what I'm thinking
what about your thoughts?
i expect that bitcoin will a more bigger continuities and maybe that we can use bitcoin currency in public like buying in a supermarket cause we alk know that technology in our world was growing in every second that's only what I'm thinking
what about your thoughts?
Since we are living in a modern days where is nothing is stable, nothing last forever .We expect that bitcoin price will go up and go down it depends on how the economy run on that year and like what i have said, nothing is last forever meaning there is a possibility that bitcoin will finally end soon but i think in the world of internet, bitcoin has a one of the most user that gives a helped where everyone should need it.
It is not also for bitcoin price but also for future usage of bitcoin. In the next several year, we can say that bitcoin could be as our centralize money, we can buy,order,pay through the use of bitcoin.
Nothing is impossible especially we are live in a 21st century where impossible could convert into possible.
We know Bitcoin is one of the powerful and top coin in marketplace.
But world wide all county are announced its illegal.
I personally think that bitcoin is very help us for paying any payment.
Its has many facility.
But our government are announced its illegal
But world wide all county are announced its illegal.
I personally think that bitcoin is very help us for paying any payment.
Its has many facility.
But our government are announced its illegal
First of all, base on my observation not all country are not yet announced that the bitcoin is illegal. there are some country that are not prioritize or make as a big deal to the said digital money which is bitcoin in other words government did not care about bitcoin because they confidently that there is no nothing worried about bitcoin, some official government knew that bitcoin could give a problem if they give a care about to.
But generally, i think the main reason why most of the country did not legalized bitcoin because there are some netizens that used bitcoin in not appropriate way or they used a transaction that is unusual in the world of cryptocurrency.
it is more secure than the security bank in our country even though we said that the bitcoin is independent with the transaction in internet so that we can say that bit coin is not secure but it is not enough. for me transaction in internet process is more secure because there are so many process that we can follow first, take note that this transaction is for every single withdraw unlike in security bank you just have to insert a pin number that you need to insert then that is it, you are able to get your money.
generally, bitcoin with the internet transaction is more secure than the security bank in our country.
generally, bitcoin with the internet transaction is more secure than the security bank in our country.
What if people convince governments of their nations to make Bitcoin as a legal currency or what if we agree to give tax on our bitcoin income? Will government then make Bitcoin a legal currency.
I don't think that it will work because cryptocurrency under government is such a hard thing, theres many things that we should follow, maybe it more secure but many things could happen. Theres a taxes you need to pay,you have to follow a deep transaction. So we expect that bitcoin under government will make more miserable.