#1User: Ozkhan bannedCopy:If you look at it as Currency, it is difficult for an average person to understand it because it is different.
Bitcoin, being a different kind of a digital currency, it breaks down conventional thinking in many aspects. No central regulatory body. The concept of mining. The open-ledger (blockchain), the way miners are rewarded, how transporting value is determined by its packet size and not value, the hash rate, the concept of limited supply. The 100 Million pennies in a Bitcoin, etc.
Its difficult enough for people in the money space to thoroughly understand Bitcoin (we all say we understand it, but do we really?).
For a common person, its an overkill. Its like trying to explain the concept of TCP/IP, Networking, Routing, the Internet for someone who wants to use email. Overkill.
http://archive.is/hdlPzOriginal:https://www.quora.com/Why-is-Bitcoin-difficult-to-understand
#2User: abundanceproject bannedCopy:I think Bitcoin has already changed the world of how we conduct financial transactions forever. Because it introduced us to the concept of cryptocurrency and the Blockchain. The cat has been let out of the box. This invention cannot be uninvented. But as the Exhibit A of the Blockchain, I think it is still far as a cryptocurreny to be used as money to be transacted in daily and mundane transactions, i.e. buying coffee, paying bills, etc...
http://archive.is/xROZIOriginal:http://www.swiftcointalk.org/latest-bitcoin-news/the-coin-for-true-global-transactions/
#3User: Decima human bannedCopy:I can't spread the links over here otherwise I have lots of site for bitcoin games.
http://archive.is/AQC8sOriginal:I can't spread the links over here otherwise I have lots of site for bitcoin games.
#4User: dexentrali bannedCopy:I can't spread the links over here otherwise I have lots of site for bitcoin games.
http://archive.is/AQC8sOriginal:I can't spread the links over here otherwise I have lots of site for bitcoin games.
#5User: qiqide bannedCopy:It is necessary to assess the prospects of bitcoinfrom the point of view of the possibilities of its network, such as commissions and speed. But, the Ethereum crypto currency has a different set of characteristics by which it needs to be evaluated. The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.
http://archive.is/gFNUJOriginal:Assess the prospects of bitcoin, it is necessary from the point of view of the possibilities of its network, such as commissions and speed. But, the Ethereum crypto currency has a different set of characteristics by which it needs to be evaluated. The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform. But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.
#6User: luisdvmd25 bannedCopy:I play in primedice bitsler and the new game which im super addicted now is the stake. so easy to play the game and lot of choices which you want to play. but remember in everygame ypu can win and sometimes you can lose. http://archive.is/gFNUJOriginal:i play in primedice bitsler and the new game which im super addicted now is the stake. so easy to play the game and lot of choices which you want to play. but remember in everygame ypu can win and sometimes you can lose. just careful always everybet and dont be greedy.
#7User: Hellokitty09 bannedCopy: It's very simple, just like any other product that increases its value when the number of people that patronizes it increases. Bitcoin also does. Because bitcoin is a product that exists in the market even though it's intangible abd only exists in the internet. So the answer to your queries is when more people buy bitcoin its price increases and when many people sell it its price increases.
http://archive.is/s6rDLOriginal:It's very simple, just like any other product that increases its value when the number of people that patronizes it increases. Bitcoin also does. Because bitcoin is a product that exists in the market even though it's intangible abd only exists in the internet. So the answer to your queries is when more people buy bitcoin its price increases and when many people sell it its price increases.
#8User: tranthetai bannedCopy:this is not the first time bitcoin has been likened to a Ponzi scheme. Unlike traditional currencies, bitcoin isn’t used to buy goods and services in much of the world. Most owners are holding it as an investment, hoping for price appreciation. The digital currency’s value increased 14-fold last year, before crashing by 44 per cent so far this year. Furthermore, bitcoin is owned by a few, who have a huge sway over the cryptocurrency’s price. About 1,000 people own 40 per cent of all Bitcoin
http://archive.is/sOMWNOriginal:https://www.bloomberg.com/news/articles/2018-02-07/bitcoin-may-evolve-into-what-everyone-fears-mathematicians-say
#9User: Domino68 bannedCopy:Dogecoin is just a meme coin,no developments for the past 2 years so it means it wont pump that hard its just because it is the year of the dog.
http://archive.is/V0ZsbOriginal:Dogecoin is just a meme coin,no developments for the past 2 years so it means it wont pump that hard its just because it is the year of the dog.