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Topic: BTC in your country - page 35. (Read 44503 times)

legendary
Activity: 1834
Merit: 1008
June 01, 2015, 12:45:27 PM
BTC have only banking systems not still have properly very much available still. For available everywhere need a lot of marketing and take time for properly as usual. I have very much hope and trust on BTC Whole administration and technology team whom great works today BTC is very well stabilise everywhere maximum position in the business and economical systems. Its very much possible and very much quick to whole world's will be biggest and valuable BTC currency will use.

There will be no currency as BTC if government never support bitcoin although bitcoin is in a stable and all of the technology support it, there will be nothing if no one support it. And what I scare if bitcoin is stable enough and caught the attention of government, they will take action what to do with bitcoin, we never know what will happen in the future

Are you talking about Bitcoin as a national currency?  I agree that is very unlikely to happen.
But I think that along with many other things, anything can succeed without government support.  All online piracy continues without government support.  All drug trafficking around the world also continues against government policy.  To legitimize Bitcoin and have it as a payment option for all purchases and taxes is another story, but people are still free to use it as long as there are people willing to accept it.

Ok thats a good point. But I mean if someday bitcoin caught their attention and bitcoin will be banned and we still doing it. What is the different between us and drug dealer? We are just as same as them become a criminal. My point is I dont want to do thing that is illegal if one day bitcoin is being banned so what do I hope is government will support this, although they wont support it at least dont banned it
sr. member
Activity: 490
Merit: 255
June 01, 2015, 11:19:04 AM
I think the banks who's didn't accept bitcoin must accept bitcoin now because they must adopt it so that no one will be outweigh if bitcoin will replace fiat money.

That is never going to happen. Bitcoin was created to end the exploitation by commercial bankers. It is against the whole principle of centralized banking. Bitcoin and banks are not compatible. The banks will never accept Bitcoin, as they know that doing so will only help to increase the popularity of the digital currency.

Yup of course the first purpose that bitcoin created was no intervention from the bank or goverment,and the first thing is bigest fee from bank that deducated from our money so all we have to do is increase our transaction with bitcoin,in my country indonesia at least there are a few merchant that accept bitcoin,but and the other i have to converted my btc to cash so i could spend it
We also do that we exchange the bitcoin into fiat money so that we can spend it to goods and other things we want a buy. But theres some site or shopping online that you can buy using your coins but i think theres a few left.

But there are some just like you guys but most of them are using bitcoin as their invesment to earn money and they convert it to make sure next term

will go higher so they can cash it out. So I dont think they need to cash it out when it is just in a small amount
Yes we didn't exchange our coins into fiat money if it is small. And we know that some people exchange their fiat money into a bitcoin so that they can invest in different forum but someone like me that need a money and the intension is to only have a tuition fee for the school. we just only save it and then when the right time comes we exchange it into a fiat money.
sr. member
Activity: 364
Merit: 252
June 01, 2015, 11:15:00 AM
BTC have only banking systems not still have properly very much available still. For available everywhere need a lot of marketing and take time for properly as usual. I have very much hope and trust on BTC Whole administration and technology team whom great works today BTC is very well stabilise everywhere maximum position in the business and economical systems. Its very much possible and very much quick to whole world's will be biggest and valuable BTC currency will use.

There will be no currency as BTC if government never support bitcoin although bitcoin is in a stable and all of the technology support it, there will be nothing if no one support it. And what I scare if bitcoin is stable enough and caught the attention of government, they will take action what to do with bitcoin, we never know what will happen in the future

Are you talking about Bitcoin as a national currency?  I agree that is very unlikely to happen.
But I think that along with many other things, anything can succeed without government support.  All online piracy continues without government support.  All drug trafficking around the world also continues against government policy.  To legitimize Bitcoin and have it as a payment option for all purchases and taxes is another story, but people are still free to use it as long as there are people willing to accept it.
legendary
Activity: 1834
Merit: 1008
June 01, 2015, 10:27:20 AM
BTC have only banking systems not still have properly very much available still. For available everywhere need a lot of marketing and take time for properly as usual. I have very much hope and trust on BTC Whole administration and technology team whom great works today BTC is very well stabilise everywhere maximum position in the business and economical systems. Its very much possible and very much quick to whole world's will be biggest and valuable BTC currency will use.

There will be no currency as BTC if government never support bitcoin although bitcoin is in a stable and all of the technology support it, there will be nothing if no one support it. And what I scare if bitcoin is stable enough and caught the attention of government, they will take action what to do with bitcoin, we never know what will happen in the future
full member
Activity: 154
Merit: 100
June 01, 2015, 07:54:49 AM
BTC have only banking systems not still have properly very much available still. For available everywhere need a lot of marketing and take time for properly as usual. I have very much hope and trust on BTC Whole administration and technology team whom great works today BTC is very well stabilise everywhere maximum position in the business and economical systems. Its very much possible and very much quick to whole world's will be biggest and valuable BTC currency will use.
legendary
Activity: 1078
Merit: 1000
June 01, 2015, 07:15:15 AM
I think the banks who's didn't accept bitcoin must accept bitcoin now because they must adopt it so that no one will be outweigh if bitcoin will replace fiat money.

That is never going to happen. Bitcoin was created to end the exploitation by commercial bankers. It is against the whole principle of centralized banking. Bitcoin and banks are not compatible. The banks will never accept Bitcoin, as they know that doing so will only help to increase the popularity of the digital currency.

Yup of course the first purpose that bitcoin created was no intervention from the bank or goverment,and the first thing is bigest fee from bank that deducated from our money so all we have to do is increase our transaction with bitcoin,in my country indonesia at least there are a few merchant that accept bitcoin,but and the other i have to converted my btc to cash so i could spend it
We also do that we exchange the bitcoin into fiat money so that we can spend it to goods and other things we want a buy. But theres some site or shopping online that you can buy using your coins but i think theres a few left.

But there are some just like you guys but most of them are using bitcoin as their invesment to earn money and they convert it to make sure next term

will go higher so they can cash it out. So I dont think they need to cash it out when it is just in a small amount
legendary
Activity: 3248
Merit: 1070
June 01, 2015, 02:58:41 AM
i just hope the government support legalizing bitcoin

what country do you live? because in some bitcoin is already vastly legalized, in a few countries is banned, like india thailand/taiwan ecc...
full member
Activity: 140
Merit: 100
June 01, 2015, 02:31:49 AM
I am from EU also,  more precisly from Romania and here, even did little advertise in media about virtual currencies, percentage of using it is as 1% . I know many peoples by my profession, from different environments,  cultures, religions and with different levels of educations. Only few heard about this system, from this few maybe 5% know indeed how it's really works. No shop or company not accept payment by BTC and only big exchanges accept it. So is indeed a long road to cross...But, one good thing, in news was show one guy who brought apartment by BTC, so have peoples,  in IT area especially, who trust and know to manage it!
full member
Activity: 158
Merit: 100
June 01, 2015, 01:04:37 AM
i just hope the government support legalizing bitcoin
sr. member
Activity: 490
Merit: 255
May 31, 2015, 11:23:23 PM
I think the banks who's didn't accept bitcoin must accept bitcoin now because they must adopt it so that no one will be outweigh if bitcoin will replace fiat money.

That is never going to happen. Bitcoin was created to end the exploitation by commercial bankers. It is against the whole principle of centralized banking. Bitcoin and banks are not compatible. The banks will never accept Bitcoin, as they know that doing so will only help to increase the popularity of the digital currency.

Yup of course the first purpose that bitcoin created was no intervention from the bank or goverment,and the first thing is bigest fee from bank that deducated from our money so all we have to do is increase our transaction with bitcoin,in my country indonesia at least there are a few merchant that accept bitcoin,but and the other i have to converted my btc to cash so i could spend it
We also do that we exchange the bitcoin into fiat money so that we can spend it to goods and other things we want a buy. But theres some site or shopping online that you can buy using your coins but i think theres a few left.
hero member
Activity: 742
Merit: 500
May 31, 2015, 07:35:11 PM
I think the banks who's didn't accept bitcoin must accept bitcoin now because they must adopt it so that no one will be outweigh if bitcoin will replace fiat money.

That is never going to happen. Bitcoin was created to end the exploitation by commercial bankers. It is against the whole principle of centralized banking. Bitcoin and banks are not compatible. The banks will never accept Bitcoin, as they know that doing so will only help to increase the popularity of the digital currency.

Yup of course the first purpose that bitcoin created was no intervention from the bank or goverment,and the first thing is bigest fee from bank that deducated from our money so all we have to do is increase our transaction with bitcoin,in my country indonesia at least there are a few merchant that accept bitcoin,but and the other i have to converted my btc to cash so i could spend it
full member
Activity: 140
Merit: 100
May 31, 2015, 07:08:52 PM
Recently in the TV news covers someone brought by coins one beautiful villa who was took free coins and waited for be valuable coin as his wishes and great luck got his beautiful villa. After that peoples discuss very much about BTC always. But still some people know about Bitcoin systems. Very soon will spread everywhere how soon as possible only need time that's all.
sr. member
Activity: 294
Merit: 250
If you can't understand my post please report it
May 31, 2015, 06:39:04 PM
Hi!  Smiley
How BTC bitcoin developed in your country? Are there many people in your real life that you know that use BTC ?

Glad you asked that question  Roll Eyes
Well no one I know (in my country) use Bitcoin and most likely 99.5% of my country don't know what bitcoin is . same goes for Paypal or other electronic payment services which is sad .

Same is the case with my country, no one is aware about the bitcoins, and if they have heard about the bitcoin they haven't used it but I have started to use bitcoin as a mode of payment, I hardly use credit card now whatever payment I have to make online I do it by using my bitcoins.

Any official company in your country ,,,?
Like uk bitcoin, bitcoin indonesia or some thing ,,?
hero member
Activity: 952
Merit: 1000
May 31, 2015, 05:18:14 PM
Hi!  Smiley
How BTC bitcoin developed in your country? Are there many people in your real life that you know that use BTC ?

Glad you asked that question  Roll Eyes
Well no one I know (in my country) use Bitcoin and most likely 99.5% of my country don't know what bitcoin is . same goes for Paypal or other electronic payment services which is sad .

Same is the case with my country, no one is aware about the bitcoins, and if they have heard about the bitcoin they haven't used it but I have started to use bitcoin as a mode of payment, I hardly use credit card now whatever payment I have to make online I do it by using my bitcoins.

Payment via bitcoin in my country?Huh Are you kidding me???  Grin  Grin  Grin

Lolz funny thing to answer, If I would tell them about bitcoin their reaction would be the same as above. Hardly anyone would have heard about it people in my country generally prefer to pay via credit card or fiat and bitcoin is totally new concept for them so my country is far behind as compared to other developed countries.
sr. member
Activity: 344
Merit: 250
May 31, 2015, 02:06:58 PM
Hi!  Smiley
How BTC bitcoin developed in your country? Are there many people in your real life that you know that use BTC ?

Glad you asked that question  Roll Eyes
Well no one I know (in my country) use Bitcoin and most likely 99.5% of my country don't know what bitcoin is . same goes for Paypal or other electronic payment services which is sad .

Same is the case with my country, no one is aware about the bitcoins, and if they have heard about the bitcoin they haven't used it but I have started to use bitcoin as a mode of payment, I hardly use credit card now whatever payment I have to make online I do it by using my bitcoins.
legendary
Activity: 1834
Merit: 1008
May 31, 2015, 10:43:57 AM
So bitcoin and fiat will never compatible to each other incase one of them is dissapear from this world

Although I don't want to agree with such radical conclusions, I can assure you that fiat and bitcoin are bitter rivals. But still, I am hopeful of a compromise being found. May be there will be a way, to use both fiat and Bitcoin simultaneously, without eating each other's market share. It seems like both will exist, at least in the near future.

That is no radical conclusions, I say this because there are no way to put them both together in this world as type of currency. Government need to choose which one is better for them in future. And I dont think both of them will exist in the future one of them must shutting down due to their market

I think the banks who's didn't accept bitcoin must accept bitcoin now because they must adopt it so that no one will be outweigh if bitcoin will replace fiat money.

That is never going to happen. Bitcoin was created to end the exploitation by commercial bankers. It is against the whole principle of centralized banking. Bitcoin and banks are not compatible. The banks will never accept Bitcoin, as they know that doing so will only help to increase the popularity of the digital currency.

Its true, that will never happen because fiat doesnt correspond to bitcoin otherwise bitcoin really need fiat to make this things work so without fiat bitcoin is nothing. Bank doesnt allow bitcoin to press them altough there are more bitcoin user than fiat user. So bitcoin and fiat will never compatible to each other incase one of them is dissapear from this world
So that bitcoin is depends on fiat money? But it can affect banks by its customers and they more likely to invest or keep their fiat money into thei wallet as bitcoin.

Yes it depends on fiat. If there is no fiat I dont think bitcoin can be cash out like that and what are they gonna do with their bitcoin if they can't even cash it out to their own currency? Soon or later people will left bitcoin. That is only my opinion tough I dont sure how are things going in the future
sr. member
Activity: 490
Merit: 255
May 31, 2015, 10:20:25 AM
I think the banks who's didn't accept bitcoin must accept bitcoin now because they must adopt it so that no one will be outweigh if bitcoin will replace fiat money.

That is never going to happen. Bitcoin was created to end the exploitation by commercial bankers. It is against the whole principle of centralized banking. Bitcoin and banks are not compatible. The banks will never accept Bitcoin, as they know that doing so will only help to increase the popularity of the digital currency.

Its true, that will never happen because fiat doesnt correspond to bitcoin otherwise bitcoin really need fiat to make this things work so without fiat bitcoin is nothing. Bank doesnt allow bitcoin to press them altough there are more bitcoin user than fiat user. So bitcoin and fiat will never compatible to each other incase one of them is dissapear from this world
So that bitcoin is depends on fiat money? But it can affect banks by its customers and they more likely to invest or keep their fiat money into thei wallet as bitcoin.
copper member
Activity: 924
Merit: 1007
hee-ho.
May 31, 2015, 10:16:37 AM
I'm in indonesia. but I'm not sure I can judge the whole country because I don't know a lot of people outside of my city. but I can say that there is very little news about bitcoin in here.

oh, and I don't know about the whole country, but pyramid schemes are popular in my city right now. even the middleschoolers are into it. most of them don't even know the term "pyramid scheme" ofc.
legendary
Activity: 3752
Merit: 1217
May 31, 2015, 09:28:58 AM
So bitcoin and fiat will never compatible to each other incase one of them is dissapear from this world

Although I don't want to agree with such radical conclusions, I can assure you that fiat and bitcoin are bitter rivals. But still, I am hopeful of a compromise being found. May be there will be a way, to use both fiat and Bitcoin simultaneously, without eating each other's market share. It seems like both will exist, at least in the near future.
legendary
Activity: 1834
Merit: 1008
May 31, 2015, 07:52:21 AM
I think the banks who's didn't accept bitcoin must accept bitcoin now because they must adopt it so that no one will be outweigh if bitcoin will replace fiat money.

That is never going to happen. Bitcoin was created to end the exploitation by commercial bankers. It is against the whole principle of centralized banking. Bitcoin and banks are not compatible. The banks will never accept Bitcoin, as they know that doing so will only help to increase the popularity of the digital currency.

Its true, that will never happen because fiat doesnt correspond to bitcoin otherwise bitcoin really need fiat to make this things work so without fiat bitcoin is nothing. Bank doesnt allow bitcoin to press them altough there are more bitcoin user than fiat user. So bitcoin and fiat will never compatible to each other incase one of them is dissapear from this world
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