10 years and no country has approved Bitcoin ?? - page 18.

First77

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Quote from: Geoll29 on February 23, 2018, 08:44:09 PM

I think one of the reasons why they don't think bitcoin will prosper is because they are not earning from it yet. This is also true if they lose money to another type of investment. Everyone has their own opinion and I respect them. But for me bitcoin is still a great investment. It won't last a couple of years if it isn't.

It is said China is a "cashless society" because debit and credit cards are used at shops/stores, pay bills online etc..

The future of Bitcoin looks bad/ending because Bitcoin will fail as digital currency, pay tax on Bitcoins, no anonymous transactions. All the big talks for Bitcoin are failing.

Geoll29

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I think one of the reasons why they don't think bitcoin will prosper is because they are not earning from it yet. This is also true if they lose money to another type of investment. Everyone has their own opinion and I respect them. But for me bitcoin is still a great investment. It won't last a couple of years if it isn't.

First77

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Quote from: Desperaboss on February 23, 2018, 04:12:16 PM

At the end of 2017 Goldman Sachs I think talks about the end of bitcoin, a few weeks later bloomberg reported that GS starts trading with bitcoin. They used the decrease in price to buy cheap. It is very unlikely that an other coin will replace bitcoin as the crypto primus. Bitcoin is a code and elements can be added to improve its use even more.

I think Goldman Sachs, Warren Buffet etc.. brought down Silver to $9/ounce by 2016

deathguardian20

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Some countries had already accepted bitcoin. Many may not yet accepted it but they are open on the posibility. Some made regulations to protect their people from losing money. 2017 is a great year for crypto and I'm sure that this year will be better.

blue_dragon

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Quote from: First77 on February 23, 2018, 08:01:58 AM

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ?? Huh

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

Dont believe on what they are saying, bitcoin is very far from its starting point and as you can see it is very famous today and it is very expensive which everyone want it.

Desperaboss

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Quote from: First77 on February 23, 2018, 08:01:58 AM

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ?? Huh

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

At the end of 2017 Goldman Sachs I think talks about the end of bitcoin, a few weeks later bloomberg reported that GS starts trading with bitcoin. They used the decrease in price to buy cheap. It is very unlikely that an other coin will replace bitcoin as the crypto primus. Bitcoin is a code and elements can be added to improve its use even more.

LuvCyanide

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In many countries bitcoin is legalized. Japan for example is going to start actively introducing digital currency into the economy.
They will be able in a fairly short time to become leaders in the extraction and use of bitcoins.

First77

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Quote from: dothebeats on February 23, 2018, 02:50:06 PM

Why would I believe on someone who made so much fiat and supports fiat in the first place? The reason why these billionaires are against bitcoin is because they know their assets would be in deep trouble

Have you seen those giant factories owned by billionaires ? Computers. laptops, mobile phones, cars etc.. are made in factories and then sold.

dothebeats

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Quote from: First77 on February 23, 2018, 08:01:58 AM

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ?? Huh

Uhh, bitcoin was officially launched in 2009, not 2007. Also, 2018-20017 is 11 years, bitcoin is only around for the last 9 years.

Japan is already a bitcoin-friendly country, with fair regulations for bitcoin users, and if that isn't legalization or approval in your books, then I don't know what is.

Quote from: First77 on February 23, 2018, 08:01:58 AM

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

Why would I believe on someone who made so much fiat and supports fiat in the first place? The reason why these billionaires are against bitcoin is because they know their assets would be in deep trouble if everyone and their mothers began shifting their assets into bitcoin and fiat would be left alone. For all we know, these billionaires might have bought their own share of bitcoin discreetly that's why it's okay for hem to constantly go against bitcoin and begin praising it once they've made a sizable profit in the end.

First77

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Quote from: Dreamchaser21 on February 23, 2018, 02:43:45 PM

Yes bitcoin can be use for that purpose but who funded the terrorist 10years ago? I think its not good to pin point this kind of situation to cryptocurrency cause I believe well known people support at least one terrorist for their protection. We cannot stop that anymore accept it. Cryptocurrency are still not recognized as legal in many countries though its accepted but not fully legal.

3 years back, ISIS Bitcoin account had $3,000,000. Now it must be $30 million to $60 million in ISIS's account from Bitcoin = $10,000

Let's say ISIS has $50 million Gold. 10% profit would put it at $60 million.

Anonymity and 1000% profit, Bitcoin can be very dangerous

Dreamchaser21

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Quote from: First77 on February 23, 2018, 01:13:53 PM

Quote from: Avity on February 23, 2018, 12:01:11 PM

Bitcoin is not illegal in the USA. This means it is accepted. Even the US government has made money selling bitcoins... how does this mean it is not accepted??? Please clarify yourself because your first statement seems to be very wrong indeed.

If any major terrorist attack gets funded by Bitcoin use due to decentralization and anonymity, it's GAME OVER

Terror group ISIS, ISIL, Al-Qaeda have some 20 countries.

Yes bitcoin can be use for that purpose but who funded the terrorist 10years ago? I think its not good to pin point this kind of situation to cryptocurrency cause I believe well known people support at least one terrorist for their protection. We cannot stop that anymore accept it. Cryptocurrency are still not recognized as legal in many countries though its accepted but not fully legal.

Serdaldal

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Bitcoini is trying to get rid of the country very little, but Bitcoin is a self-sustaining currency, and very soon all countries will accept it, so I would like to invest in friends and make a good investment.

Martinsciano

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You know the saying "Rome was not built in a day", that's exactly what i'll liken Bitcoin to, 10 years is still not enough to convince a whole country about new technology especially when it gets to deal with finances but as time progresses, countries will see reasons to adopt the technology just as Japan and other countries have started doing....

drukoz2

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Quote from: First77 on February 23, 2018, 08:01:58 AM

Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ?? Huh

and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly"

Why do you think that no country has approved bitcoin? Read more carefully Google. Countries have a lot. For example Belarus, Japan and others.

First77

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Quote from: Slow death on February 23, 2018, 02:12:49 PM

well, they have been fighting terrorism for years and what I find impressive... but blaming bitcoin would be a big exaggeration

A bigger attack than 9/11 attack, where will $5,000 for one Bitcoin come from ?

Tuesto

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My opinion is that for 10 years the reason for the country not to approve the bitcoin because It is afraid that their country's currencies will depreciate.

Slow death

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Quote from: First77 on February 23, 2018, 08:01:58 AM

"Warren Buffet" said "bitcoin will end up badly"

he gave his opinion as well as you can give his opinion on anything, I think exaggerated the fact that many news channels take very seriously the opinion of some people, it reaches the point of the price of bitcoin fall only because some People said that the price will be zero dollar at the end of the year... unbelievable that people do not analyze that nobody has super powers to make price forecasts with 100% certainty

Quote from: First77 on February 23, 2018, 01:13:53 PM

If any major terrorist attack gets funded by Bitcoin use due to decentralization and anonymity, it's GAME OVER

well, they have been fighting terrorism for years and what I find impressive... but blaming bitcoin would be a big exaggeration

First77

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Activity: 266

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Quote from: Avity on February 23, 2018, 12:01:11 PM

Bitcoin is not illegal in the USA. This means it is accepted. Even the US government has made money selling bitcoins... how does this mean it is not accepted??? Please clarify yourself because your first statement seems to be very wrong indeed.

If any major terrorist attack gets funded by Bitcoin use due to decentralization and anonymity, it's GAME OVER

Terror group ISIS, ISIL, Al-Qaeda have some 20 countries.

First77

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Activity: 266

Merit: 32

Quote from: Bigcoin_Holder on February 23, 2018, 12:58:52 PM

BTC don't need any country eccept because it decentralization and privacy!

Look at $2 Billion scam in Indian banks last week. A billionaire and big companies did the scam.

HSBC was involved in $100,000,000,000 money laundering.

Those could be "rich scammers" who are buying Bitcoin at $3000 and pushing the price up fraudently.

Bigcoin_Holder

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BTC don't need any country eccept because it decentralization and privacy!

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