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Topic: lest we forget, Bitcoin is a blessing. - page 29. (Read 8651 times)

hero member
Activity: 1036
Merit: 514
August 05, 2017, 02:17:41 PM
#70
Bitcoin could achieve all of its achievement due to people believe in it, support bitcoin and simply because it is a better monetary technology.
Bitcoin will develop further than just current price or acceptance, just like other technologies and there is no better one right now, so bitcoin will always lead the way of cryptocurrency. Over $3250 is a highest price on most global exchanges and bitcoin will always growing over time, yes it is a blessing for everyone who involved.
hero member
Activity: 868
Merit: 535
August 05, 2017, 02:13:19 PM
#69
The banks do not care about Bitcoin right now... it is still too small. The market cap is less than some people's net worth's... think about it. But soon when/if it gets over $10,000 it will be worth more than any person and everyone will start taking notice. But the banks still won't care until it poses a significant threat. I think the market cap would need to be closer to $1,000,000,000,000 before that happens.
$1 trillion dollars would mean each bitcoin would be priced at $62,000 at 16 million bitcoins in circulation. Well, if that would be the target (or truth) then I would definitely bet all my money on bitcoins. However, that is still far from the truth. Bitcoins can easy be bought just by even one big bank and it will not even dent their wallets.
sr. member
Activity: 532
Merit: 250
Presale is live!
August 05, 2017, 01:45:14 PM
#68
The banks do not care about Bitcoin right now... it is still too small. The market cap is less than some people's net worth's... think about it. But soon when/if it gets over $10,000 it will be worth more than any person and everyone will start taking notice. But the banks still won't care until it poses a significant threat. I think the market cap would need to be closer to $1,000,000,000,000 before that happens.
legendary
Activity: 2618
Merit: 1105
August 05, 2017, 01:22:05 PM
#67
It is not just a progress but a big, strong slap on the face opposition parties who never encouraged people and became optimistic about bitcoins but always spit out negative words from their mouth for it. I wanna thank them actually because that's the challenge which gave us (community) the strength to move on above all those bullshit rumors as well as negative energies and prove them that we have something super-extraordinary which they won't resist using themselves in the near future.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
August 05, 2017, 12:09:10 PM
#66
You have put it righ, for people without job or in heavy economic situation Bitcoin could be the way out as a main or additional source of income. But the problem is that still not enough people are not familiar with Bitcoins and all possibilities it offers and especialy in poor countries many people don't have access to Bitcoin and other cryptocurrencies.
hero member
Activity: 1106
Merit: 501
August 05, 2017, 11:52:58 AM
#65
I never realized that bitcoin can go this far.  If I only knew before that bitcoin will become successful, by then maybe i started to earn it and hold it. But i agree bitcoin is a blessing for those people who  are jobless and seeking for a wonderful life someday just like me.

There is more to expect regarding bitcoin not only bitcoin but altcoins too, because of this cryptocurrencies lots of jobs is being given, I didn't think that a mere codes could go this far and achieve so many things. Anyways soon the whole world will adopt it and be the worlds standard currency.
full member
Activity: 301
Merit: 100
August 05, 2017, 11:36:49 AM
#64
Bitcoin has pass through many stage, limitations, attack and forks issue but its price keep on increasing from inception till now. At this time Last year bitcoin price was $450 but today it is $1245 that was over 180% increment in just a year. This is what we call blessing, that is making progress in the face of strong opposition!!

I will never forget Bitcoin Because of knowing that my life has changed since a boy with nothing in my hands, now I have a stable life. If I knew it sooner, maybe I was now a billionaire
hero member
Activity: 3052
Merit: 651
August 05, 2017, 10:33:36 AM
#63
No, I dont think so.
Let us think about the risk we are taking here.
If it is a blessing then we are not supposed to have that kind of risk.
We are working for it, it also scares the hell out of us when the price is dropping because it is our money that is on the line there.
This is all done by hard work and many days of getting stressed to what choices we are about to take.  Wink
sr. member
Activity: 477
Merit: 250
August 05, 2017, 10:28:06 AM
#62
And now its $3200, indeed BTCitcoin is a blessing. Hallelujah!
sr. member
Activity: 448
Merit: 250
August 05, 2017, 10:18:01 AM
#61
Bitcoin is not a blessed panacea. Love - too strong a word for crypto currency))
hero member
Activity: 1008
Merit: 500
August 05, 2017, 10:04:18 AM
#60
I never realized that bitcoin can go this far.  If I only knew before that bitcoin will become successful, by then maybe i started to earn it and hold it. But i agree bitcoin is a blessing for those people who  are jobless and seeking for a wonderful life someday just like me.
sr. member
Activity: 406
Merit: 255
August 05, 2017, 09:21:52 AM
#59
Bitcoin is a sample of what was supposed to be Fiat money. After cash began to control corrupt politicians and not the laws of Economics and they turned into paper. I hope that this will not happen with bitcoin and it will never fall into the control of someone.
full member
Activity: 588
Merit: 100
August 05, 2017, 09:18:14 AM
#58
Bitcoin has pass through many stage, limitations, attack and forks issue but its price keep on increasing from inception till now. At this time Last year bitcoin price was $450 but today it is $1245 that was over 180% increment in just a year. This is what we call blessing, that is making progress in the face of strong opposition!!
Yes bitcoin is a blessing to everyone.It gives money to those dont have money.But you have to work for it.Its a big blessing also to the bitcoin holders.Because their bitcoin might worth for a million.This is for everyone,so if you embrace and receive it we can have the benifit bkessings from bitcoin.Although its in a volatile price now its ok because price is going higher.
hero member
Activity: 3052
Merit: 651
August 05, 2017, 09:05:36 AM
#57
Almost a blessing.  Grin When we say blessing it should be free or a gift. But bitcoin needs work.
You can't just stand by and then it will come to you.
Activity. That is also needed. This price wont be reached without the active users who are doing their best into advertising it and inviting more people.
With that investors come, they buy and makes the bitcoin price grow more.
hero member
Activity: 1190
Merit: 534
August 05, 2017, 08:49:31 AM
#56
When it comes to the long term, people still love Bitcoin and thus even after the split they are showing support. Yes, I would accuse investors using their Bitcoin funds to trade with Bitcoin cash because there was an opportunity and investors tried to en-cash it. Now, I would say that they are back in their investor mode and investing again considering the long term scenario which results in the rise in the price of Bitcoin. However, no one is denying the volatility in the price of Bitcoin but we have seen such bear and bull rallies many times so far and yet there net annual growth every year except 1 year.
hero member
Activity: 2268
Merit: 789
August 05, 2017, 08:27:40 AM
#55
Bitcoin has pass through many stage, limitations, attack and forks issue but its price keep on increasing from inception till now. At this time Last year bitcoin price was $450 but today it is $1245 that was over 180% increment in just a year. This is what we call blessing, that is making progress in the face of strong opposition!!

Last January 2017, the prices of bitcoins were around $1000 each and this month it already skyrocketed up to $2800. What is surprising is that even with the recent for that just happened a couple of days ago, the prices remain intact and it even increased. Even though last July 17 it went down to around $1900, the price always rises within time. Bitcoin is truly a blessing to all investors and earners but what comes to play is our decision making on WHEN and WHERE to invest it.
hero member
Activity: 756
Merit: 520
August 05, 2017, 08:13:33 AM
#54
With time Bitcoin is evolving and becoming better and better. Of course there are problems and issues but that is normal for everything new that developes with time. Maybe it's to hard to say that it's blessing but it's certainly good and positive technology that have opened the new doors for many people.

Well, that is the development of all things that exist in the world. That all things are always evolving or show something better than before, it can be ascertained for sure will have a new problem. Our job is simply looking for the best solution, if indeed we are to continue to benefit if not then you can look for other things that are better and give advantages to you.It all is a very reasonable thing you have
 
full member
Activity: 588
Merit: 128
August 05, 2017, 07:34:14 AM
#53
This is how Bitcoin is tested, even though a bad news or a panic selling happens it always finds its way how to recover. We can all thank ourselves for that without us Bitcoin Users, Bitcoin would be nothing we are the ones who determines the demand for Bitcoin. It is now tested many times Bitcoin can recover from a downfall.

And I am pretty sure trend will continue until and unless something better invented! Blockchain technology is presently the best technology for data remittance as it is easily transferable and irreversible. So we can conclude, people will continue to attract toward this force for more and more years. Since there is much potential of Bitcoin to be harnessed as it is presently used by only 2-3% of world population, its price will continue to climb higher.
I really doubt it is used by 2 or 3% of the population, I think even 0.2 or 0.3% would be pretty optimistic.
It's kinda difficult to find accurate estimates of the total number of users, but here is an article with some estimates:

http://www.coindesk.com/2016-bitcoin-challenge-100-million-users/


This maybe too small for our world population but at least its a big help for the demand and circulation of bitcoin.

And with the current rate today I know in bitcoin anything is not possible. Just by seeing the growth graph within a year its really an uptrend. Of course the issues are still there but bitcoin survive all this as I can say bitcoin is indeed a survivor for the past few years of its life.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 05, 2017, 07:25:43 AM
#52
Well. maybe for now I have not fully felt from the bitcoin results but I'm trying to get to that because I see so much he can give. hopefully bitcoin will be something blessing for me
Bitcoin is not a blessing because it is a opportunity. The only thing that makes bitcoin a blessing is when you found out that there is bitcoin but it is an opportunity because if you will not work for it then there is no results or rewards that you gonna get in bitcoin. Bitcoin is like a regular job but the difference is, there is an easy work in bitcoin but a higher range of income rather than the usual regular job.
sr. member
Activity: 616
Merit: 256
August 05, 2017, 05:26:09 AM
#51
today bitcoin was really a blessings as it soar as high as three thousand US dollars. three years ago i thought bitcoin was a big bubble after the collapse of the silk road and the disaster MTGox  exchange companiy.now forks and splits has come and most of us fears about the decline of bitcoin if ever the other fork was proven effecient than the original bitcoin core. five days had passed bitcoincash was born but still the bitcoin id unstoppable.
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