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Topic: Bitcoin is making admirable progress! - page 2. (Read 1167 times)

full member
Activity: 387
Merit: 100
July 11, 2018, 08:45:10 AM


The National Bank of Dubai (NBD), one of the largest banking groups in the Middle East by assets volume, has reportedly become the first bank in the region to successfully implement Blockchain technology in a check-issuance system to prevent fraud. This innovation helps banks to fully function well and improve their service by altering fraud that's been happening for decades. https://cointelegraph.com/news/major-uae-bank-implements-blockchain-tech-to-prevent-check-fraud
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As far as I know, by 2020 Dubai should introduce blockchain in all areas of activity. Education, health, Police and government. Absolutely all spheres should begin to show the world what blockchain is and how it can simplify people's lives.
sr. member
Activity: 774
Merit: 250
July 09, 2018, 07:40:06 AM
The value of BTC will be higher and higher, and its impact on people will be greater and greater. At present, many traditional funds have bought encryption, and BTC has made greater progress.
I think this will happen that btc price will become huge this year ends. People will still use btc and it become more adaptions so their is still progress in this platform.
member
Activity: 162
Merit: 10
July 09, 2018, 03:37:19 AM
The value of BTC will be higher and higher, and its impact on people will be greater and greater. At present, many traditional funds have bought encryption, and BTC has made greater progress.
hero member
Activity: 840
Merit: 502
July 08, 2018, 10:49:45 PM
Many orthodox media at this time are spreading information about Bitcoin's record-breaking price, that Bitcoin will soon be wiped out and forgotten. However, in contrast to Bitcoin's "death penalty" scenario, it is possible to spot positive signals in recent meetings and comments from financial experts when it comes to the technological foundation behind the currency.

In an interview with Bloomberg, Mark Carney, the Governor of the Bank of England said that Bitcoin was a failure of the monetary system. However, he acknowledged that Bitcoin acted as a guideline in many respects. edge of social life.

Carney also said the currency was a challenge for central banks and supervisors of the payment and market system. Hofrichter, head of global economics and strategy at Allianz Global Investors, also emphasized that we should separate Blockchain from the weaknesses of Bitcoin and other currencies in the current context.


It is undoubtedly that blockchain technology (or decentralized ledger) has significant potential - at least the ability to save the cost of managing transactions and networking to the maximum. This promotes a range of financial institutions, including central banks, to learn more about Blockchain and its practical application platforms - including the conduction of financial transactions.

So, if the red is spreading throughout your investment portfolio, do not worry too much. If you bought bitcoin at over $10,000? Relax and believe in the growth of Blockchain technology in the foreground. From this perspective, beside price fluctuations, the limitation in scalability is Blockchain's biggest barrier.


Those people saying that bitcoin is dying or that is a failure cannot really say anything else, why would they do it? Do you think they are going to praise bitcoin when their jobs are at stake? The banking industry tought that it was immune to being made obsolete by the advancements of technology and now they are discovering that they are like any other industry and given enough time there is a chance they are replaced by bitcoin or a future generation of superior cryptocurrencies.
sr. member
Activity: 490
Merit: 262
privacy preserving smart contracts and beyond
July 08, 2018, 02:23:33 PM
I think that it can easily touch more than ten thousand dollars at the end of the year if it improves a little bit better, that is the only way in that it can go up in some time, well, lets just wait until something good comes up here, it wont take much

Bitcoin maybe is getting higher now and I am also happy about it but I think that we shouldn't get excited very much. It might grow for two days but it is possible that it will go back to lower price anytime just like what happened for the past weeks. Small fluctuations is what we usually get for months now but if ever bitcoin is starting to recover now, then I hope that it will continue.

What we could really do at this time is just wait but of course other people who needs money will choose to sell maybe some of their hodlings.
hero member
Activity: 728
Merit: 500
July 08, 2018, 01:42:50 PM
I think that it can easily touch more than ten thousand dollars at the end of the year if it improves a little bit better, that is the only way in that it can go up in some time, well, lets just wait until something good comes up here, it wont take much
legendary
Activity: 1512
Merit: 1041
July 08, 2018, 11:44:49 AM
"a failure to the monetary system" ,He is simply saying :het guys, we cannot control this bitcoin of a thing, so let's do away with it. Bitcoin is a whole new experience and will not fit it to the traditional system of doing things, that's why it is innovative.
The innovation that a lot of people in the banking system are scared of anyway knowing how much it is going to end up disrupting a lot of things for them and how they will  need to pretty much adjust quickly so they do not be a victim of evolution.

This is an evolutionary technology and definitely as time goes on, progress will keep being made and anyone who is simply not ready to adapt with the whole innovation is simply not ready for the future.
legendary
Activity: 1414
Merit: 1001
July 04, 2018, 05:15:34 PM
Despite of the dumps and other things in the market that is negative, bitcoin is still doing its best to prove that it can surpass the different negative things and problems that it will face because it is not that big deal for bitcoin to have a problem since all of the problem has its own solution and we just need to be patient.
I highly agree to this. I also believe that in every decrease there will also be an increase. No matter how negativity strikes there is also a positive outcome. It will return to those who trust and stay to believe in bitcoin. And its about time to make a comeback. Smiley The bull is now starting to make its run.
Now we are all faced with real price increases. Every day Bitcoin trend always shows a very positive thing and it certainly has made us all experiencing happiness. Bitcoin prices show some things that convince us all that the development of crypto will get better. Let's use Bitcoin in everyday life because then that will grow the values that will increase the bitcoin price.
member
Activity: 199
Merit: 10
July 04, 2018, 05:01:50 PM
Despite of the dumps and other things in the market that is negative, bitcoin is still doing its best to prove that it can surpass the different negative things and problems that it will face because it is not that big deal for bitcoin to have a problem since all of the problem has its own solution and we just need to be patient.
I highly agree to this. I also believe that in every decrease there will also be an increase. No matter how negativity strikes there is also a positive outcome. It will return to those who trust and stay to believe in bitcoin. And its about time to make a comeback. Smiley The bull is now starting to make its run.
newbie
Activity: 27
Merit: 0
July 04, 2018, 04:33:28 PM
IMO, the failure of monetary system is the Fiat printed by the centralized banks which is why the Rich gets richer and the Poor gets poorer because they are the one who governed or manipulated it just the way they did to Crypto-currency market nowadays! They are just toying the price for their own gains to make them richer and seems they don't care about this decentralized technology!  Roll Eyes
That is the point friend. He only proved how desperate he was with that statement. Bitcoin has the potential to end with this slavery system, that's why is a "failure" in his view.
newbie
Activity: 77
Merit: 0
July 04, 2018, 02:15:23 PM
bitcoin is turning to be bullish in the first week of july we can see market is turning towards bullish movement if this positive trend continue we can see bitcoin will be back to previous prices
legendary
Activity: 1232
Merit: 1029
July 04, 2018, 11:03:53 AM
Even if bitcoin drop its values it can still manage to comeback to the market, thats one of the things that bitcoin never really disappoints with that, i am completely agree with you that bitcoin is making an admirable progress towards coming back to its high market value
They have orchestrated the fall in the price of bitcoin several times in the past but it has always  gone up again because people are beginning to see the true potentials that lies hidden in bitcoin and the blockchain technology. Bitcoin is making progress
Well, for how long is it going to last? Orchestrating the fall of bitcoin or not, they are just going to have to admit the fact that there is nothing they can do about it and the only thing they can do is to simply accept it, find a way to blend with it and see the progress come into play. The progress is gradually getting imminent with a lot of users seeing the benefit they stand to gain in the long run and simply, the only thing here is to just see the benefit they can stand to gain as well.
full member
Activity: 301
Merit: 100
July 03, 2018, 02:24:15 AM
Despite of the dumps and other things in the market that is negative, bitcoin is still doing its best to prove that it can surpass the different negative things and problems that it will face because it is not that big deal for bitcoin to have a problem since all of the problem has its own solution and we just need to be patient.
I am also thinking in that bitcoin is not about half the price, so even if the price is low Bitcoin can still be very successful in terms of spreading between the people of the whole world!
sr. member
Activity: 616
Merit: 262
July 03, 2018, 12:12:29 AM
Despite of the dumps and other things in the market that is negative, bitcoin is still doing its best to prove that it can surpass the different negative things and problems that it will face because it is not that big deal for bitcoin to have a problem since all of the problem has its own solution and we just need to be patient.

At least in bitcoin even if there is a dump happening, we are still assured that there are always people who are willing to buy it because the demand is there. There are times when there is bad news but the effect is not that great because bears are already exhausted and it is time for the bull to take over. There are many good news which would be good for the price. There is a pending deliberation about an ETF which would be positive for the price too because it gives the institutional investors an opportunity to enter the market.
jr. member
Activity: 210
Merit: 1
July 02, 2018, 10:04:51 PM
I can really claim that the inspiration to act as the owner of a bitcoin that does not get off on a bitcoin any day the leader introduces non-tough savings system in a bank. I feel getting close to the recognition of a bitcoin and the blockchain as ways to provide better service. I like what Mark Cy said. similar to the prospects of a blockchain.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
July 02, 2018, 07:42:39 AM
Many predict that Bitcoin prices will reach $ 50,000 by the end of this year. With the current situation, this is very unlikely. The market has not stood out. But I still believe in the future of Bitcoin and Blockchain
Maybe not for this year, but we do want that to happen, the value might not be that much profitable as of this moment many downtrend are keep on showing up, better to make good assumptions and assess deeper, those who have time to deal with it will have more confidence to wait till they
seen the good sign of the bull to run fast once more.
full member
Activity: 176
Merit: 100
July 02, 2018, 05:27:33 AM
I believe bitcoin will rise again from fall because the banks or people who have a lot of money and participating to this blockchain want bitcoin to really fall so that they will buy a lot of bitcoins and waiting for the bull run so they will have a big return of investmentments.So don't fall to their strategic plan.Always make a profit and do a risk management.
member
Activity: 308
Merit: 10
July 02, 2018, 05:20:17 AM
Bitcoin is making admirable progress, Because it is really appreciating because many people are doing it and is affecting many life and changing life for better and also transforming lifes
newbie
Activity: 69
Merit: 0
July 02, 2018, 05:10:43 AM
I have a strong believe that the bitcoin price will go up and up, because bitcoin is a blockchain technology that has advantages from various things like security and the ease for users to make transactions anywhere and have the speed of transactions in comparison with others and in my opinion and hopefully bitcoin will grow more and hopefully it will inscribe smile in d face of adopters.
member
Activity: 308
Merit: 10
July 02, 2018, 05:06:27 AM
Many predict that Bitcoin prices will reach $ 50,000 by the end of this year. With the current situation, this is very unlikely. The market has not stood out. But I still believe in the future of Bitcoin and Blockchain
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