How powerful is Bitcoin - page 2. | Bitcointalksearch.org

Alphakilo

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Quote from: RockBell on February 02, 2025, 04:03:09 PM

The uniqueness of that assets is what makes it very powerful the technology are very impressive and aside the hashes that are produced but look at how the market keeps increasing because that is one of the most important that people are suppose to be looking at because even you look at during trump coin trend there was a lot of increase in the total volume in the market and that is when a lot of people picked more intrest in crypto because of how the inflow of money was going down.

Aside the bitcoin network and the technology behind it.
Let us look at the other side of its power which is how it is transforming the economic sphere of several countries.
There are already talks by the US government to have a strategic bitcoin reserve. If it were not so powerful, we would not even have this type of conversation. This is not only happening in the US there are other countries that have this talk too. They know what it means for their economy and their people. They didn't even talk about any other coin but bitcoin that says alot.

RockBell

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Quote from: ? on January 28, 2025, 03:53:53 PM

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 uniqueness of that assets is what makes it very powerful the technology are very impressive and aside the hashes that are produced but look at how the market keeps increasing because that is one of the most important that people are suppose to be looking at because even you look at during trump coin trend there was a lot of increase in the total volume in the market and that is when a lot of people picked more intrest in crypto because of how the inflow of money was going down.

And the technology thay bitcoin operates on is totally different from that of any other computer operating but people are always looking down on bitcoin forgetting that it's a multi billion investment and you will sometimes wonder the level of trust given to them.

YUriy1991

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Quote from: bettercrypto on February 02, 2025, 07:46:43 AM

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.

Yes. Maybe some time ago BTC Bitcoin might still be considered an experiment by their governments but now they will rethink BTC and how powerful Bitcoin will be answered in the next 5 years where it is not impossible that on average those who have been diligently saving by buying BTC in installments by having a minimum of 2 BTC in their wallet will become the standard that they are already rich.

Mr Reporter

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Quote from: bettercrypto on February 02, 2025, 07:46:43 AM

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.

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Bitcoin is so powerful that it controls other assets price in the crypto market,in insistence when bitcoin price increase in the crypto market,other crypto assets price increase,same thing happens,when it decrease in price other assets in the crypto market decrease.
Bitcoin is the first crypto asset to hit $100,000 per coin in the crypto market.
Bitcoin is so powerful,that it have made many people millionairls and billionaires today.

bettercrypto

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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.

Jating

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Quote from: ? on January 28, 2025, 03:53:53 PM

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.

Lol, I thought that I might see a different reasoning on the supposedly "power of Bitcoin".

Maybe we can add that the uptime of Bitcoin is 99.98% if we talk about it's power or the technology behind it. In any case, there is nothing that we can find new information from the OP, just a simple babble and for sure majority of us already know that fact.

qurbanshah02

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Quote from: ? on January 28, 2025, 03:53:53 PM

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.

Yes, you are absolutely right, even those who don't have bitcoins also watch the development of bitcoins and wish in their hearts that I had bitcoins too. It has to be trusted because no other coin has done as much growth as it has so its market has to be trusted that if it is giving loss then it must give profit in few days or hours. And it has been happening since the beginning. That's why Bitcoin has made people interested in working and profiting on their own and everyone wants to have a Bitcoin that they can profit from.

NewRanger

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That's why many come because there is the most interesting thing in BTC besides their investment, namely in the future BTC will get great recognition and is a revolution in the global financial system. Yes. Indirectly if you want to try to calculate it and it is true Bitcoin is indeed very strong and impressive in terms of computing power where it currently has a hashrate of more than 500 exahash per second (EH / s).

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Quote from: ? on January 28, 2025, 03:53:53 PM

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.

From the way you're sounding it seems you're just entering into cryptocurrency community or you just started exploring around Bitcoin for a this few periods cause this is how your excitement and words explains but mind you Bitcoin is far beyond this just so you know and I'll advice when you dive deeper into it you'll definitely know more about it's nature and how it be operates.

Franctoshi

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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.

G_Besar

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Quote from: ? on January 28, 2025, 03:53:53 PM

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 indeed very good and also very amazing, so that is what has made more people believe in Bitcoin and there is always a purchase of Bitcoin in the market for better purposes as has been done by investors. And those of you who are also aware of this must at least have the desire to have as much Bitcoin as possible by continuing to buy it gradually when you have money that you can use for it. Because the Bitcoin network is truly unique and very amazing so that no one needs to doubt its security anymore.

SuperBitMan

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Bitcoin is also the best crypto coin in the world and the best investment right now in the world, it's volatility has not stopped it from growing and will never stop it, Bitcoin is a very powerful coin and investment and that has made countries now have started having a Bitcoin reserve because they have seen Bitcoin potential capacity, as time goes on Bitcoin will become more valuable so if you are thinking that Bitcoin is too high in price and because of that you won't invest in it then you are not making the right choice because as time goes on Bitcoin will grow in price more than it is now, so if you start investing now in the next 10 to 20 years you will make a huge profit because Bitcoin will increase more in price, i friend of mine had the opportunity to invest in Bitcoin some years ago because he said the price of Bitcoin is too high and he don't think Bitcoin will grow more than what it was then, so he decided to invest in a shitcoin that later made him lose huge amount of money and seeing that Bitcoin has reached $100k always make him regret his action, Bitcoin can't be compared to all this shitcoins Bitcoin will keep growing in value and price so let nothing stop you from accumulating and holding.

X-ray

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Quote from: ? on January 28, 2025, 03:53:53 PM

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.

it's so powerful that bitcoin never got serious threat ever since its first emergence, the people who don't understand bitcoin keep speaking about how if bitcoin got hacked, etc without knowing that it's being backed up by massive computing power and it's a lot more secure than the like of PoS or any other mechanism out there. but the metric to determine "powerful" is still ambiguous though, what do you mean by powerful? it's hack resistant or something?.

btc78

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Quote from: N.O on February 01, 2025, 01:06:29 PM

Bitcoin is the topest investment all over the World and that made number of investors billionaire and there are number of investors who became rich by this investment.

those who became billionaires probably started with million dollars as their initial investment and not a lot of people have that amount of money so i do not think we should be focusing on that instead we can talk about many people who can’t afford to buy lands or other rental properties but have bought bitcoin and now could afford these properties no they are not billionaires but they definitely earned a lot even from a not so huge initial investment and that is what makes bitcoin so attractive as an investment especially to middle class

N.O

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Quote from: ? on January 28, 2025, 03:53:53 PM

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 is the topest investment all over the World and that made number of investors billionaire and there are number of investors who became rich by this investment. There are thousands of people who searching for the good investment and they are investing their money in cryptocurrency and they are intelligent people because they understood the reality of World but there are most of the people are Investing in gold but they could also be rich but there is not guaranteed success of investment in gold. Bitcoin price could not control by any person or authority and it's price controlled by government and market could be low or high due to big investors.So if you are big investor then there are more chancescof you to multiple your investment and if you are small investor then keep patience .

Bazzu

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Quote from: MiF on January 28, 2025, 11:04:30 PM

Well i also see the power of bitcoin, it is not ordinary based on my observation,the bitcoin is the future, and i think the price of bitcoin today will become triple in the near future the modern world will make it happen many more people will adapt bitcoin and use it in the modern world with the use of internet and modern gadgets.

It cannot be denied that the power of bitcoin can be a special attraction for now, making it modern thing with gadgets at your fingertips, and its fans continue to increase this year, it is a change that continues, where the conditions of its growth continue to increase, then trust in bitcoin is increasingly real, especially with the increase in bitcoin that is happening now.

kotajikikox

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Quote from: Wiwo on January 28, 2025, 04:04:47 PM

Hey mate, I think you are hyperactive about Bitcoin and for sure this will make you lose out on building the fundamentals around bitcoin

Maybe OP already knows about the foundations but just wants to point out what makes bitcoin even more unique. Maybe he is a tech geek. Bitcoin network really does change the financial and technological with its technology so I don’t think it’s wrong to also admire said technology. It has become now the leading technology and one that is being followed by emerging technologies.

Quote

Note: bitcoin is not trying to replace the global financial system, but Bitcoin os just playing the Alternative role in the global financial system so we shouldn't misunderstand things.

That is true. But it is impressive how much efficient the bitcoin network is compared to banks and centralized platforms.

DubemIfedigbo001

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Quote from: ? on January 28, 2025, 03:53:53 PM

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.

Let me believe that this mate is amazed by Bitcoin technological concerns rather than it's economic importance. I believe the economic importance of Bitcoin is worthy of nothing before you can fully call Bitcoin powerful. In fact what gives Bitcoin it's dominance and power is owing to it's high economic features, else the technological part alone would've been just a liability.

Bitcoin is a store of value and an investment opportunity.

It is also a hedge against inflation. Furthermore it's decentralized, transparent and it's not controlled by government.

Bitcoin transaction records are immutable and publicly available on the Blockchain, also in Bitcoin, you're in charge of your finances.

These are the core features that makes Bitcoin much more powerful.

MiF

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Quote from: ? on January 28, 2025, 03:53:53 PM

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.

Well i also see the power of bitcoin, it is not ordinary based on my observation,the bitcoin is the future, and i think the price of bitcoin today will become triple in the near future the modern world will make it happen many more people will adapt bitcoin and use it in the modern world with the use of internet and modern gadgets.

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