Bitcoin is still pretty much new to many people and mass acceptance is needed badly in this regard. Also there are still a lot of countries not accepting bitcoin as a potential currency which makes it even more difficult.
Topic: Beware!! Bitcoin can be the future but a lot of work is to be done - page 5. (Read 18842 times)
October 07, 2018, 03:56:43 PM
October 07, 2018, 03:55:54 PM
It is true that for bitcoin being the future currency a lot of work has to be done. The topic covered it all in great details. We have to keep it mind that for bitcoin to replace fiat currency it will not be a easy task, time, hard work and patience all is required.
October 07, 2018, 03:55:13 PM
Bitcoin is still in ithe early days. Some goverments are only now making new policies regarding crypto while some are going for all out crackdown. Only a handful of cities reside some hundred-ish businesses which accept bitcoin. Obviously a lot of things remain to be accomplished.
October 07, 2018, 03:54:39 PM
Bitcoin has achieved so much praise in such a short period of time but its potential dictates to elevate even higher. A lot of work needs to be done to make it mainstream.
October 06, 2018, 04:25:49 AM
Bitcoin is a p2p system of transaction. Bitcoin has shown alot of signs so far that it is here to stay and even over Shadow the normal system of transaction.
Bitcoin which was created in 2009 by sir satoshi Nakamoto it growth level is quite OK and the value is still volatile and prone to changes of the market
Bitcoin has some advantages over other transactions process like it does not have and fee or charges attached to it and it is decentralized meaning it is not regulated.
Well as a cryptocurrency enthusiast my wish obviously is to see a rapid growth of bitcoin and cryptocurrency at large but truth be told there is a lot of work needed
Well limitations like lack of transaction protection on like make payment that is under a body regulations which you have protection for it. Making transactions with bitcoin does not guarantee you any security so it totally at your own risk
Also with bitcoin transaction can not be reversed like it is with other system of transaction
If you lose your bank account number or pass word you can go to the bank and fill certain forms and probably get it back but not with bitcoin wallet one you lose your wallet and it's detail it is gone forever all your earning blown away
Also lesser transaction opportunities. Although the cryptocurrency world is growing using it to make transactions might not be generally accepted as of now. Not every one accepts it
PS. Cryptocurrency is no joking ground and it is still developing when you are in it either you gain or you lose. It is very important to know how to navigate it personal security should be of optimal level. Go through educational books and videos. Protect you personal details like your private keys and so on.
We all want cryptocurrency to grow but work needs to be done
Bitcoin which was created in 2009 by sir satoshi Nakamoto it growth level is quite OK and the value is still volatile and prone to changes of the market
Bitcoin has some advantages over other transactions process like it does not have and fee or charges attached to it and it is decentralized meaning it is not regulated.
Well as a cryptocurrency enthusiast my wish obviously is to see a rapid growth of bitcoin and cryptocurrency at large but truth be told there is a lot of work needed
Well limitations like lack of transaction protection on like make payment that is under a body regulations which you have protection for it. Making transactions with bitcoin does not guarantee you any security so it totally at your own risk
Also with bitcoin transaction can not be reversed like it is with other system of transaction
If you lose your bank account number or pass word you can go to the bank and fill certain forms and probably get it back but not with bitcoin wallet one you lose your wallet and it's detail it is gone forever all your earning blown away
Also lesser transaction opportunities. Although the cryptocurrency world is growing using it to make transactions might not be generally accepted as of now. Not every one accepts it
PS. Cryptocurrency is no joking ground and it is still developing when you are in it either you gain or you lose. It is very important to know how to navigate it personal security should be of optimal level. Go through educational books and videos. Protect you personal details like your private keys and so on.
We all want cryptocurrency to grow but work needs to be done
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