do you think bitcoin is controversial ? - page 14.

maydna

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Quote from: Brunusmagnus on January 02, 2018, 05:55:18 PM

There is no sense in calling bitcoin "controversial": bitcoin is a tool, and any tool can be used for the good or for the bad.

even bitcoin is a tool but bitcoin still "controversial" especially if we talk about the price which increases so high in a few months ago and until now, bitcoin still a hot topic at internet. people amazed at bitcoin price when it started rallies and reaches the highest price ever and from that moment, I think people think that bitcoin is something that they need to know. and now, from happening with bitcoin, I think bitcoin will reach more people in this year and bitcoin become more famous than before.

Gabb

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Bitcoin can only be considered controversial by those who have not taken the trouble to get to know it closely, because the purposes for which it was created are really necessary and important for a modern society like ours. In any case, bitcoin is nothing more than a computational protocol; the fact that the human being is willing to use whatever he has at hand in an inappropriate way has nothing to do with the bitcoin or the blockchain itself.

Brunusmagnus

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There is no sense in calling bitcoin "controversial": bitcoin is a tool, and any tool can be used for the good or for the bad.

Silberman

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Quote from: Nikola95 on December 20, 2017, 08:01:35 PM

Quote from: Koadharber on November 16, 2017, 05:44:11 PM

Quote from: nursahath07 on November 16, 2017, 07:59:56 AM

as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if we observe very carefully few past few years we have seen that criminal activities or occurrence are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?

This thing you do think is been thinking by the community for how many times and this topic have been talked for a couple of times already. Controversies is normal on bitcoin ecosystem because of its feature which is anonymity and a decentralized stuff which do leads up on lots of controversies and questions by the public. It wont really be surprising if they would ban it because of the potential increase of criminal activity because bitcoin is really a good tool on executing such transactions.

And there are other currencies that offer better anonymity than BTC. I hope there won't be any bans, because it would not lower criminal activity. Such move would fail because that's not main reason of existence of criminals.

You do not understand the purpose of bans, you think that criminals care about bans? No, the ban is a way to scare the average person away, but it is not going to work with bitcoin, you know why, because the greed of the people is simply too high, they are going to see all the money they can make with bitcoin an they are going to get in despite the ban.

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Quote from: nursahath07 on November 16, 2017, 07:59:56 AM

as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if we observe very carefully few past few years we have seen that criminal activities or occurrence are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?

I think it is not really that controversial instead, its very nature and system is transparent and can be monitored and followed by everyone. I don't think bitcoin is to be blame for the number of criminal issues like hackings in scams because we all know how legit bitcoin is and some people just tend to exploit this hype to unwary victims.

taiwww

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Bitcoin a digital currency is still new to currency world. It will take time to get it settled. Since last two years bitcoin`s price is continuously rising. along with that bitcoin controversies. Bitcon is largely used in illegal trades. Ransomeware attack is the best example of it. Countries like Australia, Indonesia, Canada, China banned bitcoin, because of its use in drug trafficking , money laundering and also in terrorist activities. Sudden rise in bicoin price also started discussions whether is a bubble and only speculators are investing in it. As a result many investors are scared of bitcoin currency.

greenpath

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Quote from: nursahath07 on November 16, 2017, 07:59:56 AM

as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if we observe very carefully few past few years we have seen that criminal activities or occurrence are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?

Bit coin is controversial in a smooth way. Bit coin controversy is in the side of people's control and people's culture in doing business transactions in every part of the world where there are supporters to the bit coin projects. The government authority and power to control bit coin cannot do so. Bit coin was dominion currency over government and banks.

Choyor

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As far as I know, Bitcoin is still a subject of debate in some countries, even its government has not fully acknowledged the existence of Bitcoin, it is also happening in my country today.

bribed

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Quote from: Janation on January 02, 2018, 08:31:41 AM

Quote from: manismanja on December 31, 2017, 05:29:49 AM

Quote from: nursahath07 on November 16, 2017, 07:59:56 AM

as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if we observe very carefully few past few years we have seen that criminal activities or occurrence are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?

yes bitcoin is highly controversial because its very significant increase from the price of just $ 1 now has reached over $ 14000 it is very profitable and makes it controversial.

How is that even controversial? Bitcoin's price depends on the law of the demand and supply which means it all depends on it's users and not that controversial. I think if there will be something controversial to it, that will be it's invention or foundation. Satoshi Nakamoto do not named himself and let his invention be used by the people, people who become millionaires and billionaires while he do not have any thing to get from it since we are still not sure about the million bitcoins he hold.

In my opinion the controversial thing here is that Bitcoin was invented as a means of digital currency for everyday payments that should become a means of fair distribution of wealth over the world. But the truth is that Bitcoin has become another playball in the game of capitalism and now is way overvalued in my opinion. Dont get me wrong, I have nothing against it, because it also greatly benefits me, but in terms of its purpose I know that what it has become is not what it was intended to be.

Andrej Peiboski

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You can't stop a new, fantastic technology because someone misuses it: actually, anything can be used for bad purposes, bit you don't call it "controversial"

Janation

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Quote from: manismanja on December 31, 2017, 05:29:49 AM

Quote from: nursahath07 on November 16, 2017, 07:59:56 AM

as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if we observe very carefully few past few years we have seen that criminal activities or occurrence are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?

yes bitcoin is highly controversial because its very significant increase from the price of just $ 1 now has reached over $ 14000 it is very profitable and makes it controversial.

How is that even controversial? Bitcoin's price depends on the law of the demand and supply which means it all depends on it's users and not that controversial. I think if there will be something controversial to it, that will be it's invention or foundation. Satoshi Nakamoto do not named himself and let his invention be used by the people, people who become millionaires and billionaires while he do not have any thing to get from it since we are still not sure about the million bitcoins he hold.

bakekang008

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Quote from: akd_dadi on November 16, 2017, 04:07:01 PM

Rather than controversial, I think that BTC (& crypto in general) is free from regulation. It's a different thing really. In the same way that the trustless nature of cash makes it more valuable to criminals, it seems only natural that the digital equivalent would do the same.

Some people think that bitcoin is controversial. But the people will also said that bitcoin is controversial. How come, that some of us are convince in bitcoin. All we need is just believe in bitcoin.

surgical_duude

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Quote from: nursahath07 on November 16, 2017, 07:59:56 AM

as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if we observe very carefully few past few years we have seen that criminal activities or occurrence are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?

Yes, I agree with Bitcoin that is controversial, because people are thinking that Bitcoin is about to collapse, sell the Bitcoin you have, to retain a portion of the capital, but there are also suggestions. Bitcoin is just waiting for growth to come next month.

rachelia13

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Quote from: Tyronthegreat on December 31, 2017, 09:35:03 AM

Yes, controversial in a sense that not because it is illegal but because of the high in value by getting the interest of many.

I agree with you, bitcoin is controversial because bitcoin business is very promising to doin even it with a little capital and the current bitcoin price reaches $ 13,500, although this value can go down at any time and have a dangerous risk when the value of the currency digital down, but as we know digital currency enthusiasts are increasing all over the world, thereby influencing the high exchange rate of digital currency

Tavarez

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not controversial but governments want to represent it in such a way. They impose bans (regulations) certain countries. Warn banks to block clients dealing with crypocurrencies. Actually governments are the biggest fudders in crypto world simply because this innovative technology affects their "Orwell's system".

aencarnaci

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Quote from: Hamstead on December 19, 2017, 04:18:36 AM

Quote from: fulmetal08larz on December 17, 2017, 09:09:35 PM

In my opinion, the publicity of bitcoin, regardless even if it is negative or positive, is still a publicity. Every single day more and more people are being aware of bitcoin. It's all over the news and social media now and I think that there will be more to come. Popularity and mass adaptation are both key factors why Bitcoin's price is soaring to the moon.

It really gives a huge controversy globally because of having unstopable price which gives curiosity with the people around. The it become controversial once it hit a very tough price in the market and it become widely talk in social medias worldwide. It really attract people and many will wondering how it goes like that( rapid growth rate).

I think bitcoin is noncontroversial because people are now making a clear mindset about bitcoin that it is crystal clear thing which will give a lot to the people and this thing is quite beneficial and controversy was spread by the hatters and now they are also investing in bitcoin because they find true meaning of bitcoin and this thing is attracting each and every person on planets and still there is more progress to come ahead.

1kings

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Yes, it is. Anything off the usual would be. It's a departure from the way things has been and it led to many spinoffs.

Pixyoxx

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Bitcoin certainly is controversial because of the first and foremost reason which is that its creator or the one who formulated the idea of bitcoins is not a known face. We call him with an imaginary name satoshi. This fact alond creates quite a controversy in itself that no one knows who created bitcoin in the first place.

Secondly because of introduction of other coins and digital currencies in the market, there is a fuss going on these days about the speed of transaction. People are saying why bitcoin transactions cannot proceed faster as like its rival cryptocurrencies. This also have been a debatable subject. Then theres security issues. And the most recent one is the sudden rise and downfall of bitcoins value.

Tyronthegreat

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Yes, controversial in a sense that not because it is illegal but because of the high in value by getting the interest of many.

micher143

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Quote from: waynechong1995 on November 16, 2017, 08:19:30 AM

Being 100% honest and clean with money wouldn't bring you any extra profits in our society i believe, Bitcoin being used in illegal activities are normal since the it's rising price few years ago. Anyone with some particular knowledge in blockchain would know what BTC is capable to do and medias are trying to increase awareness to people and still, nobody can resist the hidden potential of somewhat a futuristic 'internet currency' that came up from no where and could be exchanged into cold hard cash, once the impact is significant governments globally would certainly step up their new regulations.

People could not hide the fact the Bitcoin is a form of currency that is intended to used on different form of transaction specifically in illegal things , because of its decentralized characteristics that gives people a freedom on the form of transaction that they want to do. But we don't really need to used Bitcoin is this such manner for us to earn.

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