Bitcoin gets more attention - page 2.

FanEagle

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Quote from: Betwrong on July 15, 2022, 05:21:29 AM

Quote from: Natalim on July 12, 2022, 06:37:15 PM

Bitcoin has always had the potential and it gains more attention as it was been influenced by social media, we can't simply ignore it perhaps, the growing adoption could tell that many people are willing to invest and even use it in their daily life. I know, some people are just quietly investing Bitcoin this time taking the opportunity of its current price. We can't deny the fact that Bitcoin is a great crypto asset and looking back on last year's performance will encourage people to invest.

I agree, I think researching the history of Bitcoin is more important than reading articles by various "experts" regarding the current situation. None of them can know for sure what's going to happen. All they write is speculation.

To be closer to reality, make your own conclusions from your own research.

Making your own research is not something that newbies are good at, that's why they are looking at others and what they are saying. Doesn't mean that they are doing the right thing, just means that they are doing it because they have no other option. What they should do instead is stay away from bitcoin and crypto until you know more about it, and learn how to research. But since they want to get in as soon as possible, they make mistakes.

This happens a lot during the bull run for example, they see people making millions from crypto and they get in without needing to get in too much and that causes a lot of trouble for them, don't know what else they could do.

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Quote from: Franctoshi on July 16, 2022, 01:43:26 AM

Quote from: Majestic-milf on July 11, 2022, 03:03:27 PM

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.

Sure more and more attention and adoption for Bitcoin will be on the rise that's certain, What I do believe that there's going to be a time when the demand for Bitcoin will be high in such a way that even the Government of various countries would have no choice than to regulate and adopt BTC in their various countries, Bitcoin is the future of money and the only way forward for the evolution of money and the earlier the adoption the better for them.

The earlier adoption the better, many will get to know bitcoin and start using it. but it will not be that easy, Bitcoin certainly has many enemies or many who are against bitcoin. The government also can't control bitcoin completely, this will be a dangerous tool for the government because they can't control it the way they want to.
some developing countries only provide basic regulations on Bitcoin and should not be used as a means of payment.
Currently the real potential of bitcoin is as an investment tool that provides faster returns but also comes with a higher risk. For those who are pros of course Bitcoin is an evolution of traditional payments, but for those who are against Bitcoin, Bitcoin is a threat to Fiat. Evolution has to go hand in hand between Bitcoin and Fiat, cannot be separated for now.

Franctoshi

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Quote from: Majestic-milf on July 11, 2022, 03:03:27 PM

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.

Sure more and more attention and adoption for Bitcoin will be on the rise that's certain, What I do believe that there's going to be a time when the demand for Bitcoin will be high in such a way that even the Government of various countries would have no choice than to regulate and adopt BTC in their various countries, Bitcoin is the future of money and the only way forward for the evolution of money and the earlier the adoption the better for them.

Betwrong

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Quote from: Natalim on July 12, 2022, 06:37:15 PM

Bitcoin has always had the potential and it gains more attention as it was been influenced by social media, we can't simply ignore it perhaps, the growing adoption could tell that many people are willing to invest and even use it in their daily life. I know, some people are just quietly investing Bitcoin this time taking the opportunity of its current price. We can't deny the fact that Bitcoin is a great crypto asset and looking back on last year's performance will encourage people to invest.

I agree, I think researching the history of Bitcoin is more important than reading articles by various "experts" regarding the current situation. None of them can know for sure what's going to happen. All they write is speculation.

To be closer to reality, make your own conclusions from your own research.

gunhell16

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Quote from: Majestic-milf on July 11, 2022, 03:03:27 PM

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.
The plan to introduce this service will be the first of its kind as it aind to independent from other banks and operations will begin from 2024.
Despite it's fall from it's all time high price of 69,044.77 in Nov of 2021, the need to venture into cryptocurrency was necessitated by citizen's demands.
.

“Our clients want direct access to this market through their house bank. Given the growing institutionalisation [of cryptocurrencies] in the last 18 months, this is the ideal time to enter the market,” Sandra Lienhart, head of retail banking has this to say.
This move will go a long way to helping Bitcoin go global and I expect to see more people who were less welcoming of it to have a change of heart. What do y'all think of this? Your thoughts. https://finbold.com/swiss-post-office-to-offer-crypto-trading-and-custody-services-by-2024/

That kind of news is not surprising that it will happen in other countries, that's why bitcoin has taken 11 years because different countries have seen that many will adopt the concept that Bitcoin has around the world in the field. of the technology that we have today that we are currently dealing with.

Then again this is good news for those of us who believe in cryptocurrency or Bitcoin.
This is another point for cryptocurrency holders in this industry.

Natalim

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Bitcoin has always had the potential and it gains more attention as it was been influenced by social media, we can't simply ignore it perhaps, the growing adoption could tell that many people are willing to invest and even use it in their daily life. I know, some people are just quietly investing Bitcoin this time taking the opportunity of its current price. We can't deny the fact that Bitcoin is a great crypto asset and looking back on last year's performance will encourage people to invest.

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Quote from: isaac_clarke22 on July 12, 2022, 01:25:48 PM

Quote from: The Cryptovator on July 11, 2022, 03:19:56 PM

~

Still people are able to still get their own non custodial wallet, so that is still nice. Surely independent merchants would consider using this if it was like a common thing around their area.
Maybe these adoption that we were hearing are not really being published in the news as people do not really like government to interfere with their business once they adopt Bitcoin.

Even if they wont really be making some news or announcement but the government wont really be that blind enough on not to know those certain information specially if its getting widespread into their
vicinity or in the area of their governance on which it would be normal for them to create such action or step neither they would really be opposing to it or would really get in line with it.
It does really depends on a certain country because we know that there are some who do make out considerations and there are some who do totally opposes it.
Speaking about attention then its something inevitable but on times like this on where bear market comes and regulation issues then it cant be avoided that people would really be having
those hesitance.

isaac_clarke22

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Quote from: The Cryptovator on July 11, 2022, 03:19:56 PM

~

Still people are able to still get their own non custodial wallet, so that is still nice. Surely independent merchants would consider using this if it was like a common thing around their area.
Maybe these adoption that we were hearing are not really being published in the news as people do not really like government to interfere with their business once they adopt Bitcoin.

Stella Mese

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what I think is the more positive about bitcoin. the proof is that countries in this part of the world are starting to look at it and like it. So I myself am getting more and more excited about investing in bitcoin, and if the bitcoin community is also famous, it's only natural because many people see people who have succeeded in investing in bitcoin, so bitcoin must be highlighted by the world. and what is unique,, bitcoin is favored by all circles,

Eternad

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Is there a way to measure attention get by Bitcoin? I’m seeing many news like this but how come to determine if it’s really increasing or not since the price is the only basis to know whether many new investors notice Bitcoin or not. Bitcoin is existing more than 10 years already and I know many people already knew Bitcoin but just afraid to invest due to volatility and many scam and fraud event attached to it.

I’m interested to see the number of new investors rather than attention which has no proper metric at all.

Betwrong

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Quote from: Upgrade00 on July 11, 2022, 03:31:26 PM

Bear markets are usually slow periods, but they are the best time to jump into bitcoin; Prices are lower, but potential is high. With enough patience and controlled investments, the ROI could be very high.
This also applies to businesses, cooperate firms and banks getting into bitcoin.

I should point out that the Swiss Post is looking to gain more exposure into cryptocurrencies and not Bitcoin in particular and have been into the crypto space for some time now.

They are are smart guys at Swiss Post, no doubt about that. It seems unbelievable that we are still at the beginning of the journey, but that's where we are. Because of the high volatility of Bitcoin and lack of education in this field, most people still think BTC has no future. And only those who is able to be objective, they start adopting Bitcoin, to their great benefit in the years to come.

sysoe

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Quote from: Upgrade00 on July 11, 2022, 03:31:26 PM

Bear markets are usually slow periods, but they are the best time to jump into bitcoin; Prices are lower, but potential is high. With enough patience and controlled investments, the ROI could be very high.
This also applies to businesses, cooperate firms and banks getting into bitcoin.

I should point out that the Swiss Post is looking to gain more exposure into cryptocurrencies and not Bitcoin in particular and have been into the crypto space for some time now.

I am also using this opportunity to accumulate more bitcoins at the moment as prices are low.

traderethereum

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Maybe this is a good step for a bank to offer crypto services to its customers because bitcoin is now getting a lot of attention from many parties.
With this offer, bitcoin's position in the banking sector can become stronger and foster trust from the public to start using bitcoin.
But they need to receive an explanation from related parties about how to use bitcoin so there will be no misunderstanding about its use.
This will trigger more bitcoin users and see what benefits they can get from using bitcoin.

KaliLinux

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Quote from: Majestic-milf on July 11, 2022, 03:03:27 PM

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.
The plan to introduce this service will be the first of its kind as it aind to independent from other banks and operations will begin from 2024.
Despite it's fall from it's all time high price of 69,044.77 in Nov of 2021, the need to venture into cryptocurrency was necessitated by citizen's demands.
.

“Our clients want direct access to this market through their house bank. Given the growing institutionalisation [of cryptocurrencies] in the last 18 months, this is the ideal time to enter the market,” Sandra Lienhart, head of retail banking has this to say.
This move will go a long way to helping Bitcoin go global and I expect to see more people who were less welcoming of it to have a change of heart. What do y'all think of this? Your thoughts. https://finbold.com/swiss-post-office-to-offer-crypto-trading-and-custody-services-by-2024/

Even in its failing state? so do you really think because there is a bear market that is not something new to the general crypto market you regard Bitcoin as failing? For those that understand, this is a perfect time to jump into the market and not in a Bull season as most people do however "Sandra Lienhart" understands this obviously.

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Quote from: Piesel on July 11, 2022, 05:06:12 PM

This is good news for crypto adoption, but then using the post office as a channel for payment may require users to provide some form of KYC identity verification and this will be a major setback for that services. Since the post office is operating under the Spanish central government so there will be regulations that will lead to verification of citizens using the Bitcoin payment options.

Am not sure if there is a need for KYC when all you only need is to pay the transaction over wallet to wallet or even p2p , so this does not really involving a problem here though what is my concern is the exposure from telling them that you are a Bitcoin user with camera around you.
but all in all this adds value to bitcoin in many forms.

worle1bm

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There are many organization that are now leaning towards bitcoin adoption seeing the increase demand among mass and they want to be keep up with the latest technology in the market.At the bearish times the growth is slow but in near future you will see more countries and institutions adopting bitcoin.

The Australian post office service was also letting customer pay with bitcoin at it's outlet in past news and now this Swiss post office offering the crypto services

Australia Post office bitcoin option

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Quote from: uchegod-21 on July 11, 2022, 05:45:00 PM

Bitcoin has passed the skeptical period. Nobody is afraid that bitcoin will vanish except the newbies. No one is saying that bitcoin is a bubble anymore, except the enemies of bitcoin.
We have all known the truth about bitcoin. We are expecting nothing than more and more adoption. The power of blockchain is much and this what is keeping bitcoin going.

Companies, organisations and institutions have adopted bitcoin very well, the next wave will be countries. During the next bull run, when El Salvador will run into massive profits, other countries will rush in...

In the next bull market, when companies and corporations investing in bitcoin will reap certain rewards. This will cause a domino effect in which more and more countries and financial institutions will jump into the market in order to accumulate bitcoins. During that period, bitcoin not only became more popular but also its price soared due to the high demand for ownership, so take advantage of this bear market to buy bitcoin at an cheap price.

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Quote from: Majestic-milf on July 11, 2022, 03:03:27 PM

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.
The plan to introduce this service will be the first of its kind as it aind to independent from other banks and operations will begin from 2024.

According to wikipedia,

Quote

PostFinance's main area of activity is in the national and international payments and a smaller but growing part in the areas of savings, pensions and real estate.

If this is really true, it will get a wide traction from people in Switzerland. Savings, pensions, and real estate means they have clients that belong to old generations who are not fully aware about what is bitcoin. If their adoption gets a good feedback then it will spread a good news to other countries and try to adapt it as well.

For their beginning of operation, are they waiting for the next market cycle because 2024 is where next halving will occur.

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Quote from: uchegod-21 on July 11, 2022, 05:45:00 PM

Bitcoin has passed the skeptical period. Nobody is afraid that bitcoin will vanish except the newbies. No one is saying that bitcoin is a bubble anymore, except the enemies of bitcoin.

People were skeptical about bitcoin for probably a year or two, that's till 2010 tops. After that bitcoin has been a solid currency that everyone who understands it trusts it also. The FUD and the propaganda on the other hand never stopped and will never stop. The bigger bitcoin gets the more intense the FUD will become.

If you compare things they do these days against bitcoin (eg. campaigns against bitcoin that sometimes reaches parliaments too) is more intensified compared to early years because of the growth bitcoin had and that scares the most corrupt centralized systems.

Ahli38

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I think very soon there will be many countries that will pay more attention to bitcoin. even those who previously only dared to pay attention to bitcoin without daring to enter it because it was still high, so today is different. because with prices that are already low enough, people will be much more daring to go in and buy. and this mass increase in bitcoin adoption will certainly have an impact on the demands of a citizen against his country to pay more attention to bitcoin and consider legalizing and legalizing it as a means of payment. even though a country is not interested in bitcoin at first but if its citizens turn out to be demanding otherwise, that is, its citizens are very interested in bitcoin, then the country will definitely rethink the demands of its citizens' interest.

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