I get the inspiration to work harder and own at least one bitcoin anytime a leader admits the loopholes in the banking system. I get the feeling that they will soon start recognizing bitcoin and the blockchain as the only ways to provide better services. I like Mark Carney’s thoughts about the prospects of the blockchain.
Great. 
Topic: Bitcoin is making admirable progress! - page 5. (Read 1167 times)
Bitcoin's progress over the years have been amazing despite the negative news people spread about bitcoin. As at now bitcoin is ranked among the top 6 currencies in the world and this is an amazing achievement so far. Many good news keeps coming in and this is a sign of great things to come. The market now is good to buy and I'm not missing this opportunity to buy more.
Bitcoin has great prospects and indeed investing in bitcoin can not be called bad or meaningless. Maybe soon banks and governments will start taking blockchain seriously.
In order to keep the value of coins growing, several important events should occur - Bitcoin should trade above psychologically important marks, investors start to show interest in crypto-currencies again, and the governments of large countries finally decide on the legal basis for the industry.
Well I don't think any of that is happening at the moment though. Bitcoin is struggling to stay above support points and has mainly been feeding bears most of this year. Government legalization will be a big challenge and I think will take quite a bit of time.
In order to keep the value of coins growing, several important events should occur - Bitcoin should trade above psychologically important marks, investors start to show interest in crypto-currencies again, and the governments of large countries finally decide on the legal basis for the industry.
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.
Of course, and this is noticeable to the naked eye, because this is how it should happen, and it has been expected for a long time, I hope all this will continue in the same spirit as now. 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.
Yes, it's true Bitcoin is not perfect and faces challenges, but innovations appear every day, and I'm sure that next soon there will be another interesting proposal for Bitkoyn's detachment.
Bitcoin may fail when it comes to its usage as a currency but it is undeniably a very good store of value. [...]
My expectation is much more pesimistic: I just cannot see the store of value function without the currency function. In other words, when it finally proves not to be the currency (means of payment) people will start dropping it and the value will go down too. Bitcoin's value is backed by its user base, and using is paying.
There is no progress without any trials. Bitcoin is something that will continue to be forged by many things. I hope Bitcoin can be more successful from now and bring many benefits to many people. And we as those who have received the benefits of Bitcoin, should we share for the needy.
we need to work on priority basis. Let's honestly admit that Bitcoin is still not affordable to use it as a payment system when it comes to the microtransactions. In most of the cases, the things of day to day life are available at the price of Bitcoin transaction fees so why would someone use Bitcoin if technically he can get it for free? Alternatively, we must encourage more and more people to use their Bitcoins to buy things and services because that's what Bitcoin is all about at its core. It doesn't make any sense to just hold it instead for speculation.
Bitcoin is now on the test of 6500 support. But I think it's not very strong to hold the fall. So my opinion is that bitcoin gonna fall untill 4600-4800, it's only a question of time. What do you think?
I personally get inspiration to work hard by the huge success of bitcoin the cryptocurrency.I feel that Government will soon start recognizing bitcoin and the blockchain as the only ways to provide better services.
Well if that's the case then that is a great news for everybody who is involved here. Progress means there's really a good development so having that said and done then we should be glad. It's for the benefit of us and could paved the way for bitcoin's rise. That's ll we wantcan soso we should continue the progress it is doing. The central bank has warned about Bitcoin. But Bitcoin continues to grow stronger, with prices stable and rising again. With Bitcoin technology increasingly upgraded, sooner or later the central bank will not be the choice in dealing with people. Central banks will have to improve to accept the existence of Bitcoin in the financial sector.
I was amazed for that certain year bitcoin going more and more increase not just her own benefits but people involve with this organization government as will, slowly it will be increase more and more days ,month's, year's people will be able to have more interest on it as more people are already invest bitcoin have there own benefits and in return people have there benefits of there invest thats way we thanks bitcoin with there awesome progress.
Bitcoin is a topic discussed in the current context. And its progress in the world is commendable to all. Blockchain's right speech crumbled Mark Carney, so thank him. And their positive eyes will attract many. I hope the future of the people of the world will be a role model for the development of Bitcoin
Bitcoin broke an important support. What do you think about 6500 support, will it hold bearish trend or we gonna fall untill 4600-4800? 6500 does not seem to be a powerful support...
Bitcoin is progressing, you should understand and know it. It is inspirational to help me work more effectively and let me feel it is about to launch something more powerful than the current BTC.
yes its good progress !
Bitcoin is making its progress very successfully. Though there are some obstacles lying on the way to its vast progress. And even many countries are not ready to accept Bitcoin, But Bitcoin undergoes a steady speed to become valid in every countries. I hope one day Bitcoin will be accepted as valid all over the world very soon.
Definitely, It will happen once every country's accept bitcoin and use It as an alternative way of payment system and If this gonna be happen bitcoin market will grow and grow beyond Its limits.
Bitcoin is making its progress very successfully. Though there are some obstacles lying on the way to its vast progress. And even many countries are not ready to accept Bitcoin, But Bitcoin undergoes a steady speed to become valid in every countries. I hope one day Bitcoin will be accepted as valid all over the world very soon.
AML Bitcoin progress is amazing, a few patents approved, the price is increasing up, I knew some friends in the community, this is a must HOLD token.
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