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Topic: 2017 is crazy for bitcoin - page 20. (Read 3390 times)

sr. member
Activity: 322
Merit: 250
November 03, 2017, 01:07:56 PM
#4
In my opinion I think Bitcoin can subvert traditional bank, there are a lot of countries afraid about this case so they're trying to find out the solution to prevent this case happen in the future, some countries legalized Bitcoin and their Banks also accept Bitcoin too but almost countries often trying to ban Bitcoin to prevent Bitcoin subvert traditional Bank and my country is not a exception, right after a university in my country announced that they will accept Bitcoin for tuition, the goverment also announced that they will ban Bitcoin in next year and anyone whom still trying to use Bitcoin and cryptocurrency will have to go to jail or pay at least 10k$ for forfeit Sad
full member
Activity: 154
Merit: 100
🌟 MIRA ICO 🌟
November 03, 2017, 12:59:05 PM
#3
I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Above is just my personal idea.If you like or not, I wish everyone here have a nice day.
 

I like it and find myself agreeing with the lot of it. I never bought into the bitcoin is a bubble thing even since day 1 in the industry. Bitcoin is unlikely anything else we have ever seen before in our lifes and to make a silly

comparison to some dumb tulips if laughable at best. Oh well lets laugh to the bank in agreement I say Cheesy
legendary
Activity: 1218
Merit: 1006
November 03, 2017, 12:54:09 PM
#2
However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?
Cars were considered as one of the dangerous invention when it was first invented.

Many used to think that internet is just for computer gigs and not for common people in past.

People used to only shop with paper cash and they used to worry about getting their bank account or credit card hacked and still many people from developing countries think like that.

Bitcoin is still in primitive stage like all of the above invention so people are just afraid of bitcoin or whole crypto thing, but sooner or later crypto will revolutionize the way we make financial transaction and how we send money across the globe.
full member
Activity: 186
Merit: 100
November 03, 2017, 12:27:59 PM
#1
I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Above is just my personal idea.If you like or not, I wish everyone here have a nice day.

 
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