I think what really made bitcoin strong was the decentralization that it really has, this is what became a thorn or obstacle for countries that tried to control bitcoin. There are also many countries that gave up on Bitcoin because they did it for others in the beginning but in the end they also took it back and in the end they also accepted it in their countries until now.
Then it is also clear that Bitcoin has become an opportunity for everyone, actually whether you are poor, middle class or rich you can have it.
Topic: How powerful is Bitcoin (Read 419 times)
In other countries or governments they think bitcoin is bad, but the truth is that it is not really. It's just that no powerful country can really control bitcoin.
And that's because of the decentralization that bitcoin has.
this decentralization is also used by governments to push the idea that bitcoin or any other decentralized network is a threat and can be used by criminals so using this would be totally unsafe and people who can’t make their own research and decisions just decided to believe this and further spread this stereotype backed with misinformation And that's because of the decentralization that bitcoin has.
Not anymore, the old administration was filled with Bitcoin critics, they hid the true nature of Bitcoin to the public. Bitcoin promotes transparency which makes it a natural form of transaction for business and government departments. Soon, political elections would be held across the world through the Blockchain technology. The potential of Bitcoin is great and it has attained a high level of success in the world economy that is more like Satoshi generated a fresh wealth for the entire world.
In other countries or governments they think bitcoin is bad, but the truth is that it is not really. It's just that no powerful country can really control bitcoin.
And that's because of the decentralization that bitcoin has.
Now because of these decentralized features of bitcoin is one of the strong reasons why it cannot be controlled by any country. That's why if we notice how many years have passed,
a country that previously banned bitcoin then after a few years passed, they also revoked it and later accepted it.
Well other countries take BITCOIN as the bad egg investment but to me the sweetest path of it is one can even predict it next move and that why the government are still trying to figure out the way to stop it, most countries that adopt it are moving forward in items of job's, and aslo prompt financial freedom and aslo facilitate remittances.And that's because of the decentralization that bitcoin has.
Now because of these decentralized features of bitcoin is one of the strong reasons why it cannot be controlled by any country. That's why if we notice how many years have passed,
a country that previously banned bitcoin then after a few years passed, they also revoked it and later accepted it.
If it is only about hyping, the person who are doing it can lie. I am not sure though if some that he said is not true but maybe the supercomputer part is one of it because I heard that a supercomputer is a threat to BTC. So that might also mean that they are still powerful than it. He is talking about how powerful BTC there and I think it does not really matter especially to the newbie investor because I'm sure what is more important for them is how profitable BTC is or even how secure it was. And then isn't it still a good thing if more people enter because it is being hyped that much? That is better than if the shitty coins are being hyped, lol. As a responsible investor, they might still do another research and that makes them aware of the disadvantage or the do's and don'ts as of it.
It has become a habit for all newcomers to make a thesis on altcoins and realize that BTC is the answer. Indeed, many suggest that BTC is the key, but what can you do, they want a lot of token value and want to get rich quick overnight. Their right in the end.
The Bitcoin network is so impressive and it's the best I have ever seen, it produces 67 times more hashes per second than there are grains of sand on Earth. This is so so amazing and incredible. another amazing fact is that in terms of raw operations per second, it is 500 times more powerful than the world's most powerful supercomputer.
I think that you should have known about bitcoin very well before you hype a Bitcoin because what I are doing here is to have Bitcoin that's part that bitcoin is a good investment that anyone who want to be independent on investment will you wish to have so I know that independent people there are the one that go into bitcoin investment because they know that they don't have a third party for investing in Bitcoin so that is why many persons want to invest in Bitcoin and make a profit but the way you are narrating Bitcoin some people might think that what you said in Bitcoin is 100% accurate but more knowing that the Bitcoin also have a side effect of it investmentlegendary
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Everyone can go with his own strategy or limit of investment because it's not important if you are following just one or anything which is having more profit you can earn from any way.
That's the beautiful thing about investing in Bitcoin, you don't have to follow any strategy that anybody has invented, you can do your own strategy and still make a profit because this is an open opportunity for all and not censored/centralized that things are being controlled. There's though an assured way of investing that many people have used and it's not going to fail you if you decide to invest in that way too.
Investing in Bitcoin has it's pro and cons but you have to understand that the pros are greater than the cons as such, it's a worthy investment worth putting your money into. Bitcoin is powerful and that's a fact, atleast it's authority is being seen in the market as Bitcoin controls the whole crypto marke, so it shouldn't be taken for granted.
Risk in terms of investment? Yeah, all investments have their own risk with it, we just have to understand how to mitigate it. Another risk that is growing is the attacks on the Bitcoin enthusiast, whether IRL or thru online hacks, we are very vulnerable to this criminals. But I guess if we learn and understand and be self-aware, we could be out of harms way from them. And so everything rest on how we will protect our Bitcoin at all cost.
Potential performance assets are indeed so, initially underestimated and when the level of trust comes many want to have it without capital, meaning taking advantage of all means to be able to have it even in an inappropriate way.
If so, caution is needed here the more we keep quiet the better when we have some after our collection we do for years collecting with DCA and don't show off of course to get praise from our friends at least and now if we have BTC the walls can also talk.
The Bitcoin network is so impressive and it's the best I have ever seen, it produces 67 times more hashes per second than there are grains of sand on Earth. This is so so amazing and incredible. another amazing fact is that in terms of raw operations per second, it is 500 times more powerful than the world's most powerful supercomputer.
Wow it seems bitcoin looks perfect on you. But honestly, bitcoin has certainly its flaws as well, however there's more advantages compared to its disadvantages. One drawback is that it's "very slow" in terms of transaction time as compare to other altcoins. But still our security is beyond compare, no one has ever broken down blockchain. And even if there is already the threat of supercomputers to break Bitcoin' secp256k1, we will surely can adjust in the future.
Bitcoin may be powerful, but it comes with high risks, and if you aren't aware of it, you will not succeed with crypto. When it comes to its operation, its speed, its accuracy and efficiency, bitcoin gains more advantage. But know that bitcoin was created to serve as an alternate, not actually to steal position from what's currently existing.
Risk in terms of investment? Yeah, all investments have their own risk with it, we just have to understand how to mitigate it. Another risk that is growing is the attacks on the Bitcoin enthusiast, whether IRL or thru online hacks, we are very vulnerable to this criminals. But I guess if we learn and understand and be self-aware, we could be out of harms way from them. And so everything rest on how we will protect our Bitcoin at all cost.
The Bitcoin network is so impressive and it's the best I have ever seen, it produces 67 times more hashes per second than there are grains of sand on Earth. This is so so amazing and incredible. another amazing fact is that in terms of raw operations per second, it is 500 times more powerful than the world's most powerful supercomputer.
Bitcoin deserves all the hypes you’re giving it because it has indeed done a lot of things that makes it outstanding in the global financial market. Despite all of this, it also has its drawbacks and disadvantages which you should also take note of. Those drawbacks and disadvantages are not a means or a reason to not belive in the future prospects of it, it has already gained the true trust from the people that most deserves it and it doesn’t look like what will fail for now.
The decentralized nature of it and the big role it plays in making sure that everyone has total control of their money, privacy and security of their funds is top notch and cannot be overstated. It was introduced to serve as an alternative to the traditional banking system, and I believe it is already achieving that purpose which makes it a more believable innovation to venture into.
Buddy what we see as risk in Bitcoin investment is the concepts of Bitcoin investment and I think every other investment has it's own concept too, Bitcoin price is not not stable that's why it's price it's unpredictable, the volatility of Bitcoin is me major reason why it is still in a existence and anyone seeing those characters of Bitcoin as a discouragement to invest in it, is doing that to his or her own detriment because those features wouldn't vanish so it is better for every interested investor to initiate whichever method they want to invest with to enable them scale through without any form of panic or pressure, yea having a good thinking about Bitcoin isnt a bad one because positivity begats good things, so as an investor that want to thrive in any business or investment, you just be futuristic, optimistic and have the mindset of stopping half way as option to enable you plan execute your investment plans with ease.
Since last few years, now peoples mind are completely changing about Bitcoin because uncertainty is near to end and it is heading for new era which will bring good stability and confidence for investors but still many are confused because its nature of volatile but it's still amazing stuff to invest for long time.Everything is having risk factor because it's nature of things but due to serious rumours and negativity about Bitcoin things has never been favourable but now as peoples are understanding about this and also have awareness risk factor is limiting investing in this is now increasing even now many countries are willing to have reserve in bitcoin. Everyone can go with his own strategy or limit of investment because it's not important if you are following just one or anything which is having more profit you can earn from any way.
The Bitcoin network is so impressive and it's the best I have ever seen, it produces 67 times more hashes per second than there are grains of sand on Earth. This is so so amazing and incredible. another amazing fact is that in terms of raw operations per second, it is 500 times more powerful than the world's most powerful supercomputer.
I think that you should have known about bitcoin very well before you hype a Bitcoin because what I are doing here is to have Bitcoin that's part that bitcoin is a good investment that anyone who want to be independent on investment will you wish to have so I know that independent people there are the one that go into bitcoin investment because they know that they don't have a third party for investing in Bitcoin so that is why many persons want to invest in Bitcoin and make a profit but the way you are narrating Bitcoin some people might think that what you said in Bitcoin is 100% accurate but more knowing that the Bitcoin also have a side effect of it investment 
The Bitcoin network is so impressive and it's the best I have ever seen, it produces 67 times more hashes per second than there are grains of sand on Earth. This is so so amazing and incredible. another amazing fact is that in terms of raw operations per second, it is 500 times more powerful than the world's most powerful supercomputer.
Wow it seems bitcoin looks perfect on you. But honestly, bitcoin has certainly its flaws as well, however there's more advantages compared to its disadvantages. Bitcoin may be powerful, but it comes with high risks, and if you aren't aware of it, you will not succeed with crypto. When it comes to its operation, its speed, its accuracy and efficiency, bitcoin gains more advantage. But know that bitcoin was created to serve as an alternate, not actually to steal position from what's currently existing.
Power can be abused. I know a person who keeps saying "Bitcoin was created by the Government, we cannot trust it!" I point out we do not know that for certain, but am concerned about the huge amounts in old blocks that have not moved yet.
The circulating supply of Bitcoin is more than 19M already, so there isn't a large percentage of the coins left that are either lost or kept in wallets and haven't been moved since, so I don't see that amount being that big of a threat to its price even if the theory you and that person has turns out to be true which I doubt.We know that financial markets are usually manipulated if a single entity acquires a large percentage of an asset, but that isn't easy when it comes to Bitcoin. Whales do manipulate the price to some extent, but it's only changes made that allow them to gain some profit and nothing threatening for the market or the majority of holders.
Thus, that theory doesn't sound realistic to me at all.
In other countries or governments they think bitcoin is bad, but the truth is that it is not really. It's just that no powerful country can really control bitcoin.
And that's because of the decentralization that bitcoin has.
this decentralization is also used by governments to push the idea that bitcoin or any other decentralized network is a threat and can be used by criminals so using this would be totally unsafe and people who can’t make their own research and decisions just decided to believe this and further spread this stereotype backed with misinformation And that's because of the decentralization that bitcoin has.
Power can be abused. I know a person who keeps saying "Bitcoin was created by the Government, we cannot trust it!" I point out we do not know that for certain, but am concerned about the huge amounts in old blocks that have not moved yet.
The Bitcoin network is so impressive and it's the best I have ever seen, it produces 67 times more hashes per second than there are grains of sand on Earth. This is so so amazing and incredible. another amazing fact is that in terms of raw operations per second, it is 500 times more powerful than the world's most powerful supercomputer.
The Bitcoin network is so impressive and it's the best I have ever seen, it produces 67 times more hashes per second than there are grains of sand on Earth. This is so so amazing and incredible. another amazing fact is that in terms of raw operations per second, it is 500 times more powerful than the world's most powerful supercomputer.
I respect what you’ve said since that is your own point of view. But more than that, let us not forget that bitcoin is not here to compete or to change the current fiat system, but it’s here to serve those people who want to look for alternatives beside physical fiat. Bitcoin is permissionless, which means you can use it without borders or limits, or even a third party or entity so you can use bitcoin. The good thing about bitcoin is aside that it can serve as a currency, it can also be a profitable asset as well. However, investing in bitcoin is risky due to its volatility nature, let’s invest with caution. 
what i know is that bitcoin is indeed very revolutionary and powerful, but not as you say, that's more of an exaggeration i think.
bitcoin allows people to make transactions securely and decentralized globally. it is very much liked by its holders and even its community is known to be very supportive of the bitcoin network. this is what makes bitcoin so strong, even to the point that it initially made the government consider it a threat, although slowly this assumption began to change along with the increasing adoption of bitcoin.
bitcoin allows people to make transactions securely and decentralized globally. it is very much liked by its holders and even its community is known to be very supportive of the bitcoin network. this is what makes bitcoin so strong, even to the point that it initially made the government consider it a threat, although slowly this assumption began to change along with the increasing adoption of bitcoin.
Getting to know how Bitcoin works is intriguing, Op Bitcoin is indeed a wonderful project to invest but can't disregard its risk aspect that comes with it, because Bitcoin is still an evolving technology that we are exploring, trade and invest with caution because Bitcoin I know still remains a volatile asset which is hard to predict it next direction, but if you can invest with DCA and a long-term mindset, I believe you would definitely do better at investing in Bitcoin. Isn't bad to have a positive mindset.
Buddy what we see as risk in Bitcoin investment is the concepts of Bitcoin investment and I think every other investment has it's own concept too, Bitcoin price is not not stable that's why it's price it's unpredictable, the volatility of Bitcoin is me major reason why it is still in a existence and anyone seeing those characters of Bitcoin as a discouragement to invest in it, is doing that to his or her own detriment because those features wouldn't vanish so it is better for every interested investor to initiate whichever method they want to invest with to enable them scale through without any form of panic or pressure, yea having a good thinking about Bitcoin isnt a bad one because positivity begats good things, so as an investor that want to thrive in any business or investment, you just be futuristic, optimistic and have the mindset of stopping half way as option to enable you plan execute your investment plans with ease.
The Bitcoin network is so impressive and it's the best I have ever seen, it produces 67 times more hashes per second than there are grains of sand on Earth. This is so so amazing and incredible. another amazing fact is that in terms of raw operations per second, it is 500 times more powerful than the world's most powerful supercomputer.
I respect what you’ve said since that is your own point of view. But more than that, let us not forget that bitcoin is not here to compete or to change the current fiat system, but it’s here to serve those people who want to look for alternatives beside physical fiat. Bitcoin is permissionless, which means you can use it without borders or limits, or even a third party or entity so you can use bitcoin. The good thing about bitcoin is aside that it can serve as a currency, it can also be a profitable asset as well. However, investing in bitcoin is risky due to its volatility nature, let’s invest with caution. 
it produces 67 times more hashes per second than there are grains of sand on Earth.
It's indeed powerful, but that's a bit too much. Things such as sand are uncountable, and that's not only because of its size but also because it exists in very large numbers. The number of hashes generated by Bitcoin per second can't be higher than the amount of sand that exists in the deserts worldwide.
It's an exaggerated comparison.This is so so amazing and incredible. another amazing fact is that in terms of raw operations per second, it is 500 times more powerful than the world's most powerful supercomputer.
Yeah, because there are millions of powerful pieces of equipment called "miners" powering it, we call the process "mining". I hope you understand and realize that Bitcoin is not a system such as a computer or something, but it's a system that relies on computational power provided by systems, a.k.a miners.
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