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Topic: Bitcoin as the leading way... - page 6. (Read 2625 times)

member
Activity: 420
Merit: 10
September 02, 2018, 03:24:11 PM
#26
The bitcoin falls in price so that whales can cheaply buy up as much as possible Bitcoin

Then they will sell but 2-3 times more expensive and earn a lot of money on manipulation
newbie
Activity: 84
Merit: 0
September 02, 2018, 03:20:33 PM
#25
Yes. bitcoin is the leader and it is leading all the way through. Despite of its situation people are adopting it because of its trustworthiness and recoverness. Also its development caught everyone's eye.
full member
Activity: 524
Merit: 137
September 02, 2018, 02:40:30 PM
#24
Blockchain technology really involves the complete elimination of intermediaries.The first currency that will do this will of course be bitcoin
newbie
Activity: 26
Merit: 0
September 02, 2018, 02:34:58 PM
#23
It’s a great news for bitcoin investors. Peoples are investing on bitcoin because it is a profitable project. I believe in near future bitcoin will be accepted worldwide.
sr. member
Activity: 784
Merit: 252
September 01, 2018, 06:48:46 AM
#22
As for me it's strange when some countries don't accept Bitcoin.. Why do they block it?
every country has its own reasons they have not legalized for fear. gradually every country will legalize bitcoin
full member
Activity: 453
Merit: 104
September 01, 2018, 06:25:58 AM
#21
It is very possible, those remittance agencies are running very bad methode of transferring money. As a middle man of remittance service they send a lot of money to operate while bitcoin only need less than $1 for any transaction.
newbie
Activity: 140
Merit: 0
September 01, 2018, 05:40:54 AM
#20
Bitcoin is the first coin ever created in block chain technology, so I think, it is bitcoin birthright to reign the market place. This is not yet the time that bitcoin will be replaced because every movement of the market bitcoin is on the lead.
member
Activity: 420
Merit: 10
September 01, 2018, 02:44:35 AM
#19
Bitcoin is a new technology that will make changes in a better life that introduces peer to peer technology as an exchange so there will be no intermediaries again
jr. member
Activity: 322
Merit: 1
September 01, 2018, 02:42:26 AM
#18
Bitcoin is miles apart from the second commercially viable crypto coin: ethereum. Being the first of its coin, it is the sure leader of all altcoins leader.
legendary
Activity: 2464
Merit: 1387
September 01, 2018, 02:30:47 AM
#17
Just amazed about the situation of bitcoin nowadays, despite of the decreasing price of cryptocurrencies still more countries are now ready to adopt bitcoin.
a "country" is not adopting bitcoin, unless they throw away their fiat and use bitcoin as their national currency which is not happening.
what is happening though is that people are adopting bitcoin because it is useful and then the country regulates its usage to prevent chaos and illegal activities. and people aren't adopting bitcoin because of its price, they are adopting it because of its utility. the "price guys" are speculators that come and go, they don't shape the long term.

Quote
Could it be really possibly eliminate the middlemen? Please share your opinions.
yes of course! when you use bitcoin you are doing exactly that. but it is not killing the middlemen like banks for example because again banks are providing utilities and because of that they are still used.

It is hard to see bitcoin replacing "the middleman" which are the banks. It would mean a total
overhaul in the world financial system, i just cannot see it.

Even from a society point of view, how would anyone access financial support if there were no
banks to issue loans for education, transport and housing? How do we change the trust that
we put in banks?

If i want to send my kids to college this year and i dont have the finances to do it there is the
option to get a bank loan but there is no bitcoin bank. Society wants to progress and the FIAT
banking system is interwoven into this idea.

The vast majority of people are happy to follow this system and dont realise there is a system
which offers an alternative to part of that system while we here in this space have chosen to
remove some of the trust from the FIAT system.

No country has adopted bitcoin as a currency to date while a few have recognised it as something
which can be used as a payment system by a small percentage of their population (for now)
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
September 01, 2018, 01:59:16 AM
#16
it is simply because bitcoin has actual usages apart from speculation and that is the reason its adoption is real and continuous. in case of the rest of the market, their prices are purely speculation and because of that they have no adoption. all the price they gain can go out just as fast. and that is why bitcoin is the "lead" and will stay on top while others fall further and further back.

Agree. Bitcoin has real usage and more and more merchants are accepting it as a form of payment. While few others such as eth or ltc are still just secondary when it comes to this application.

But, you still need middlemen when you want to convert your bitcoin to fiat currency. You need to convert it because most of your daily needs are still requiring fiat while there are already bills payment systems that accept cryptocurrencies, depends on your country.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
September 01, 2018, 01:46:19 AM
#15
Just amazed about the situation of bitcoin nowadays, despite of the decreasing price of cryptocurrencies still more countries are now ready to adopt bitcoin.
a "country" is not adopting bitcoin, unless they throw away their fiat and use bitcoin as their national currency which is not happening.
what is happening though is that people are adopting bitcoin because it is useful and then the country regulates its usage to prevent chaos and illegal activities. and people aren't adopting bitcoin because of its price, they are adopting it because of its utility. the "price guys" are speculators that come and go, they don't shape the long term.

Quote
Could it be really possibly eliminate the middlemen? Please share your opinions.
yes of course! when you use bitcoin you are doing exactly that. but it is not killing the middlemen like banks for example because again banks are providing utilities and because of that they are still used.
member
Activity: 336
Merit: 12
September 01, 2018, 01:46:00 AM
#14

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.
slowly bitcoin and blockchain systems begin to be accepted by the public, even though the development is very slow.

I think the world is currently adapting to this advanced technology. and I am sure that in the future bitcoin and the blockchain system will be accepted globally.
sr. member
Activity: 1484
Merit: 323
September 01, 2018, 01:36:41 AM
#13

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.
Possibly yes, just remembered that the real purpose of bitcoin system is trying to give people a much easiest and convenient way of living. Definitely, bitcoin can serves a huge of benefits and opportunities to people therefore all of us can gives a lot of chance that can have a much better life and escape from the poor life of living. When that's happened for sure there will be no middleman anymore and maybe there will be a equality in one community all over the world. New technologies therefore better changes will occur.
newbie
Activity: 84
Merit: 0
September 01, 2018, 01:34:07 AM
#12
Honestly speaking majority carry the vote because presently there is others coins or altcoins that can be valuable like bitcoin and boldly bitcoin is the number one in the world of crypto for now!
legendary
Activity: 1946
Merit: 1137
September 01, 2018, 01:28:09 AM
#11
it is simply because bitcoin has actual usages apart from speculation and that is the reason its adoption is real and continuous. in case of the rest of the market, their prices are purely speculation and because of that they have no adoption. all the price they gain can go out just as fast. and that is why bitcoin is the "lead" and will stay on top while others fall further and further back.
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
August 31, 2018, 02:21:03 PM
#10
This will be a good start for the future of bitcoin. Because it can begin to be applied in life throughout the world. Transactions without intermediaries will certainly be fairer.
sr. member
Activity: 700
Merit: 250
August 31, 2018, 01:31:00 PM
#9
Yes, the Bitcoin as the leading way as always.. The last cryptocurrency lost the Bitcoin showed everyone else its strength. The father coin staryed strong and it will always be for me. So HODL with bitcoin and collect or invest more. After summer holiday the bitcoin price will climb more high..

In the future I think that bitcoin is indeed the best way. so if for the leading method we certainly support. moreover the best way will produce good things too.
legendary
Activity: 3080
Merit: 1353
August 31, 2018, 01:13:33 PM
#8

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.

You mean totally eliminate banks as middleman? No.

But Many nations see a lot of benefits adopting cryptos specially developing and under develop countries. It could really be used as cross border payments specially from Asia to Africa. And it has the potential to help poor countries, people who don't have access to banks will go to crypto as Store of Value (SoV). People without jobs can be at least sustain by crypto through trading. So there's a lot of advantages if nations around the world would tap on crypto and blockchain to improved the lives of their people.
full member
Activity: 658
Merit: 112
August 31, 2018, 12:32:57 PM
#7
Yes, the Bitcoin as the leading way as always.. The last cryptocurrency lost the Bitcoin showed everyone else its strength. The father coin staryed strong and it will always be for me. So HODL with bitcoin and collect or invest more. After summer holiday the bitcoin price will climb more high..
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