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Topic: bitcoin vs world economy - page 14. (Read 2565 times)

sr. member
Activity: 924
Merit: 255
May 22, 2018, 05:23:15 AM
#30
This world doesn't continue to be in monotony, it will all lead to new things that smell of technologies advancements especially on the internet, I think bitcoin or cryptocurrency will continue to persist and strong among many people, especially certain countries that have received bitcoin, also I think the activity on crypto will be more vibrant and more very good role in the next.
Believe in bitcoin, this will remain a special thing!
member
Activity: 238
Merit: 10
May 22, 2018, 05:23:01 AM
#29
I think that bitcoin is not enough strong yet, but it becames more and more strong with all those people comming here with their will!
newbie
Activity: 165
Merit: 0
May 22, 2018, 05:21:39 AM
#28
I think from the year 2013 in the form of bitcoin up to now a lot of problems that happened, and the fact that bitcoin is still survive, so I think despite the many restrictions and opposition, but surely still able to survive and even more advanced, this is my opinion
jr. member
Activity: 266
Merit: 1
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
May 22, 2018, 05:20:16 AM
#27
A lot of money is being pumped/diverted into the Cryptocurrency markets. As at today, if the Cryptocurrency markets should crash, it then means the world economy will lose its hold/stand. That is partly why the global financial bodies have decided to come into the Cryptocurrency markets to help put things in checks and have a coordinated operation.
sr. member
Activity: 504
Merit: 250
May 22, 2018, 05:18:40 AM
#26
Bitcoin and any crypto currency available in the market isn't stable enough to be self sustaining. But in the future we will see a more stronger and more stable coin that could be used by everyone in their businesses. But it will take the effort of every one who have stakes on it to hold on to their coins.
if it can happen soon, i am sure that bitcoin and other coins could be stable.every business accept bitcoin and altcoin , it will make investor confidence rise and maybe more new investor coming.
full member
Activity: 462
Merit: 100
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May 22, 2018, 05:13:36 AM
#25
Bitcoin and any crypto currency available in the market isn't stable enough to be self sustaining. But in the future we will see a more stronger and more stable coin that could be used by everyone in their businesses. But it will take the effort of every one who have stakes on it to hold on to their coins.
member
Activity: 350
Merit: 10
May 22, 2018, 05:12:58 AM
#24
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

If you think Bitcoin is business to begin with, then you are in a wrong idea about it. In my point of view, Bitcoin is a currency which is used to do transactions online. So the point of buying Bitcoin to merely invest and become rich is not a good idea. About the restrictions US will think of imposing, then it is just restrictions and cannot even destroy bitcoin's legacy.
legendary
Activity: 3080
Merit: 1500
May 22, 2018, 05:08:14 AM
#23
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

Congrats for your thinking of buying bitcoin. Please don't wait and act fast. USA and SEC is not at all crypto friendly from the beginning and the crypto community is aware of it. So if USA puts legal restriction over it, it will have a very limited effect internationally. However, it is not going to happen because a large numbers of crypto related business are based on USA only. The government will see a huge revenue loss as well as a lot of people will loose their jobs. I don't think USA will take any such chance anytime soon. So if you are planning to invest in cryptos, go ahead and do it!
legendary
Activity: 2674
Merit: 1048
May 22, 2018, 03:49:01 AM
#22
For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?
That changes the bitcoin price is not just US as such, it has previously happened where China forbids the use of bitcoin in its country, with the instant of bitcoin prices dropping drastically and this is true in other countries. I mean if there is a country decide to banning bitcoin and cryptocurrency the price will fall.
do you think Bitcoin is strong enough at this point to be self-sustaining?
It's not about bitcoin, but the user specifies it. By bitcoin system already has the potential to be used as a technology of the future. It's just that determines can bitcoin persist when some states prohibit bitcoin and cryptocurrency is dependent from bitcoin users themselves.
newbie
Activity: 10
Merit: 0
May 22, 2018, 03:04:00 AM
#21
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

Rapid movements of the Bitcoin price are common. Any investment can pose a risk, but the Cryptocurrency world and all the technologies it brings are not only beneficial to struggling economies but are also helping central authorities by examining inefficiencies within their financial system and is most likely to remain for many years to come. As an platform for innovation, Bitcoin is definitely sustainable. By creating something that is detached from government or regulating authority, it removed all control and so regulation will require a well-coordinated effort across several economies. This will be a difficult task however regulatory uncertainty can to be harmful to the Crypto markets but Bitcoin prices show patterns of improvement. With a global Crypto market cap sitting at approximately $1trn, acceptance becomes inevitable.
newbie
Activity: 101
Merit: 0
May 22, 2018, 02:50:48 AM
#20
We keep saying bitcoin versus because we found in media how the government around the globe are against bitcoin, from that fact we believe that bitcoin is in danger or inapropriate in our modern state governmental, but i think it should not be that way, bitcoin is should be a part of economy golabally or locally, the fact that many government againts it, it should be their problem and concern not bitcoin or crypos, bitcoin is being created, it can't be uncreated, it is there and availabe and it is up to us on how to use and manage it.
hero member
Activity: 1820
Merit: 515
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May 22, 2018, 02:07:22 AM
#19
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help
Bitcoin is an decentralized technology so no one can restrict it but governments can impose regulation on the usage of bitcoin but they can't control the bitcoin.Yes bitcoin will overcome these situations and will get more adoption from people in the coming years so keep supporting bitcoin if you want a decentralized money system in future.
newbie
Activity: 42
Merit: 0
May 22, 2018, 01:56:56 AM
#18
I don’t think bitcoin is strong enough to be self sustained like someone mention it makes him only 1% of the economy. So maybe in the future yes, but it still has a long way to go
newbie
Activity: 210
Merit: 0
May 22, 2018, 01:51:14 AM
#17
The economic crisis is not caused by bitcoin, but by the existing economic system. Bitcoin is only a stable and unfalsifiable account, and the final problem is the economy itself.
newbie
Activity: 266
Merit: 0
May 22, 2018, 01:45:48 AM
#16
The world economy is developing nowadays. Bitcoin is the one of the most famous crypto currency off all time so this coin is leading the crypto market and in economic world there is an impact of btc based on this many countries accepting this coin and they can even pay tax and trade limitless trading format and this helps the economic development.
hero member
Activity: 1666
Merit: 502
May 22, 2018, 01:32:21 AM
#15
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help
I'm not sure bitcoin can be independent for now, because some government regulation will definitely affect the bitcoin itself, bitcoin users in this case as people in a country also can not violate the regulation, back to the G20 meeting when the bitcoin starts tending to decline because one of the topics to be discussed is the bitcoin that affects the economy.
member
Activity: 530
Merit: 10
May 22, 2018, 01:12:02 AM
#14
bitcoin is just no more than 1% of the world economy, you do not have to worry about that problem because the G20 meeting yesterday generated positive news for cryptocurrency
full member
Activity: 364
Merit: 107
May 22, 2018, 12:40:12 AM
#13
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

I will be honest, Crypto currency is still an speculative investment. No one for sure knows the future of crypto currency. So if you are asking about chance of course there are still a risk on this investment. But every investment has a risk. If you are worried about taking risks perhaps it is better to study/research more regarding block chain and Bitcoin. After that decide for your self if this technology will be the future.

For the self sustaining Bitcoin, I do believe yes regardless of the price Bitcoin can self sustain.
sr. member
Activity: 987
Merit: 254
May 22, 2018, 12:20:09 AM
#12
I do not think world economy and bitcoin are very connected. At least it is not effective in decline and rise. Bitcoin purchases may have an effect on the rise in that country, but I do not think it will lead to bitcoin if the market is in bad condition or in good condition.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
May 22, 2018, 12:04:30 AM
#11
Don't bother caring about US regulations. I mean most top exchanges are Chinese and some are in japan. Some countries also like how the blockchain technology helped them. It's just that a portion of a country never understood the convenience it brings and talk all about how it is a bubble and all the bashes they could think. Buy your bitcoin now if you feel you have to, try a little bits and maybe later on you could earn experience in this community and be master of it.
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