From the start of its launch, bitcoin had the potentiality to rule the world. Now this prediction has come true and the coin is the most popular and profitable for the users. All the countries around the world should allow bitcoin to use.
Topic: Bitcoin as the leading way... - page 4. (Read 2625 times)
bitcoin has been the most popular crypto currency since the last few years. Though from the start of this year it has faced some down falls in price, it has raised again in the market and eyeing to conquer the world. All the countries should legalize bitcoin.
In my opinion this clearly shows that some big pockets are now accumulating Bitcoin at the lowest prices possible because the information is very bullish right now.
As if, it seems that bitcoin leading the way of the world into blockchain, trading and selling cryptocurrencies. Could it be really possibly eliminate the middlemen?
I think it's not for nothing. Large companies would not implement it if they were not confident in the prospects of bitcoin.
The counties where crypto currency is legal to use, the most used coin is bitcoin and its popularity is going higher to higher. Now as the price is again rising high the countries which are not allowing the bitcoin as the means of transaction should allow it as legal.
Yep we don't need any middlemen to pursue our transactions with bitcoin.
As you can see or if ever you experienced to trade before with bitcoin. You don't have to go through with any bank, third party or middlemen just to process, send and receive a payment.
As you can see or if ever you experienced to trade before with bitcoin. You don't have to go through with any bank, third party or middlemen just to process, send and receive a payment.
If your country has legalized Bitcoin then they are likely to put some regulations on it which will help them to somewhat control the transactions or have authority over the users. So, I don't think how we are really going to diminish the middleman part from the scene. But, Bitcoin will definitely keep leading the way in the future.
i agree with that, as of now bitcoin was in a very good condition... but lets take it to the future lets see if bitcoin will remain the same as now or it will improve for the better.
If the governments accept Bitcoin as it is then I don't think there will be any middle men who are going to control your transactions, as we all know, Bitcoin's purpose is to getting rid of all these third parties. But, it wouldn't really have any significant impact on the growth of Bitcoin.
Bitcoin will prevail and lead the way of other cryptos in the future no matter what happens to the market. Take the recent market situation for example. It has already crossed 7,000$ mark within two days of recovery. If the pace of recovery remains the same then we likely to experience an exciting future for sure.
Bitcoin has a future but for Bitcoin to be available to millions and millions of people worldwide as digital asset and currency, the price has to be between $600 to $1200. Look at 1 Bitcoin = 780,000 Japanese Yen
Bitcoin doesn't have to be $600 just so everyone can use it as a currency and you don't exactly have to buy a whole piece. Exchanges would let you buy $10 worth of Bitcoin or even less depending on their minimum. The price of Bitcoin isn't the main issue here if we're talking about how Bitcoin can be available to everyone we should focus on its scalability.
Bitcoin has always led the way. In fact, it paved way for all forms of cryptocurrency. And the technology and ideals behind it has been the basis for most of the cryptocurrencies around. Much thanks to bitcoin that the digital cash has finally been achieved and realized.
And as per the last part of your post, you asked if it is really possible to take out the middle man? It was already taken out. And mind you, it was just as secured and effective as doing a bank transaction. Perhaps as long as the honest peers overthrows the unreputable ones, we won't see any problem on that remark.
And as per the last part of your post, you asked if it is really possible to take out the middle man? It was already taken out. And mind you, it was just as secured and effective as doing a bank transaction. Perhaps as long as the honest peers overthrows the unreputable ones, we won't see any problem on that remark.
Just amazed about the situation of bitcoin nowadays, despite of the decreasing price of cryptocurrencies still more countries are now ready to adopt bitcoin. As if, it seems that bitcoin leading the way of the world into blockchain, trading and selling cryptocurrencies. Could it be really possibly eliminate the middlemen? Please share your opinions.
Yes, the 3rd party services is a problem, because Satoshi's vision for Bitcoin was to eliminate power hungry middlemen from a direct P2P payment network.
I used a local auction site over the weekend, where you pay the receiver directly to his Bitcoin address and you do not have to work through a payment processors and I think these types of sites should increase in future.
Let's use Bitcoin in the way Satoshi wanted us to do it.
I used a local auction site over the weekend, where you pay the receiver directly to his Bitcoin address and you do not have to work through a payment processors and I think these types of sites should increase in future.
Let's use Bitcoin in the way Satoshi wanted us to do it.
Just amazed about the situation of bitcoin nowadays, despite of the decreasing price of cryptocurrencies still more countries are now ready to adopt bitcoin. As if, it seems that bitcoin leading the way of the world into blockchain, trading and selling cryptocurrencies. Could it be really possibly eliminate the middlemen? Please share your opinions.
not everything is about money making and profit you know.
in fact that is the main reason why bitcoin has remained the top cryptocurrency and to this day and for many years to come it will be growing at a fast speed. it is simply because it is offering a lot of features that people want and use. decentralization for starters.
in comparison other coins are profitable, sometimes altcoins ere ever more profitable than bitcoin but as you can see you can't sustain profitability when they are useless.
Just amazed about the situation of bitcoin nowadays, despite of the decreasing price of cryptocurrencies still more countries are now ready to adopt bitcoin. As if, it seems that bitcoin leading the way of the world into blockchain, trading and selling cryptocurrencies. Could it be really possibly eliminate the middlemen? Please share your opinions.
As for me it's strange when some countries don't accept Bitcoin.. Why do they block it?
Bitcoin is a decentralized, fast transaction without intermediaries. So you can completely convert a large transaction into a Bitcoin transaction. If you trade by tradition, you must pay taxes. But Bitcoin is not. So over-trading of Bitcoin can affect the national budget.In addition, Bitcoin imposes its criminal risk, making it difficult to manage.
Conceivably indeed, recently recollected that the genuine motivation behind bitcoin framework is attempting to give individuals a much most straightforward and helpful method for living. Unquestionably, bitcoin can serves a tremendous of advantages and chances to individuals hence every one of us can gives a great deal of chance that can have a vastly improved life and escape from the poor existence of living
Bitcoin is actually leading been an asset and digital currency but it it also good that we have the intermediaries or middlemen because in this way we can feel fiat money.
I think bitcoin will eliminate intermediaries in the banking sector sooner or later, but it will happen. And when that happens its price will fly to the moon! IMHO
takes a long time if bitcoin removes intermediaries in the banking sector, because banks have an important role in this field, especially most people can feel money from bitcoin through banking intermediaries first to withdraw money to each user account Jump to: