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Topic: Request to all Bitcoin holders (Read 417 times)

full member
Activity: 462
Merit: 113
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March 22, 2018, 06:21:01 PM
#56
Either we come up with real innovative ideas to speed up transaction rate by 10 times, increase Bitcoin usage in real world, add more use cases for Bitcoin usages and Bitcoin becomes like Apple/Amazon or it goes down and down and become another Yahoo.

We need to innovate together to take BitCoin to 100-500k USD level.

No more innovations means BitCoin will die. Anything which does not evolve can not survive for long.
I had predicted this would happen, surely someday there will be a new innovation that will drown Bitcoin, the world will continue to grow as well as digital currencies

Reaching that far is great dream, yet, Bitcoin doesn't stop evolving so it might - but not as soon as now. Some core developers still processing of having a lightning network (I don't how fast is that), that will make Bitcoin more valuable.

Bitcoin doesn't need to become a currency, it is fine right now as an investment method. There are plenty of coins out there which are fast and have low transaction fees. You can use those coins for payment and hold on the bitcoin as a valuable commodity.

We don't use gold to make everyday payments, yet it is still the most valuable metal there is.

You are right. That is why real estate business is one of the greatest investment of all time - except gold, the value is increasing as time goes by, but like what you said, we don't use real estate as payment solution.
full member
Activity: 840
Merit: 105
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March 22, 2018, 06:18:54 PM
#55
Either we come up with real innovative ideas to speed up transaction rate by 10 times, increase Bitcoin usage in real world, add more use cases for Bitcoin usages and Bitcoin becomes like Apple/Amazon or it goes down and down and become another Yahoo.

We need to innovate together to take BitCoin to 100-500k USD level.

No more innovations means BitCoin will die. Anything which does not evolve can not survive for long.

I agree with you, we must innovate so that bitcoin prices go up again. we have to issue good ideas for the development of bitcoin in the future. we must destroy bad news about bitcoin because bad news can drop the bitcoin price.
member
Activity: 224
Merit: 10
March 22, 2018, 06:09:55 PM
#54
I think our desire is not enough. I think a price trend is also given by governments, banks, other financial bodies ... unfortunately.
No, Bitcoin price wasn't given base on banks , goverments or stuffs like that.
It's basically base on the supply and demand or simply buy and sell.
More people sell will make it down , opposite, more people buy it will make the price going up.
newbie
Activity: 22
Merit: 0
March 22, 2018, 06:08:18 PM
#53
I think our desire is not enough. I think a price trend is also given by governments, banks, other financial bodies ... unfortunately.
newbie
Activity: 47
Merit: 0
March 22, 2018, 05:53:23 PM
#52
The entire bitcoin system operates on blockade technology. This means that absolutely all transactions committed with each Bitcoin block are entered into an open database, and each user of the system can track them.
jr. member
Activity: 308
Merit: 3
The Premier Digital Asset Management Ecosystem
March 22, 2018, 05:17:01 PM
#51
Small individuals like us may not be able to change BTC, BTC to increase or decrease depending on the supply and demand market. And this supply or demand depends on the impact of some large countries around the world. But BTC prices depend on the whales, they speculate and hold large amounts of BTC. They adjust their prices to benefit from price differences. Small investors like us just follow the trend to make money.
newbie
Activity: 255
Merit: 0
March 22, 2018, 04:42:51 PM
#50
It will be much easier for new users to try their hand if they do not have to worry about the drivers and the compatibility of their GPUs. It's so wonderful that anyone today can earn bitcoins on an equal footing with others, using only CPU resources.
It is true that earning bitcoin is now very reliable as all ordinary people can earn bitcoin and they can save their future with bitcoin, there is no risk mate so you should be confident for your GPU and your copperplate, rise and low happens in bitcoin so you will have to wait and let bitcoin grow at the time of low price, market sometime get very vastly high but sometime it use to decrease and at that time you will have to keep patience and hold your bitcoin. Earning is not very hard if you avoid panic selling to let your bitcoin grow faster.
newbie
Activity: 98
Merit: 0
March 21, 2018, 09:56:07 AM
#49
It will be much easier for new users to try their hand if they do not have to worry about the drivers and the compatibility of their GPUs. It's so wonderful that anyone today can earn bitcoins on an equal footing with others, using only CPU resources.
newbie
Activity: 47
Merit: 0
March 15, 2018, 04:45:24 AM
#48
The majority of the market is kept by about 70% of the Bitcoin dollar pair. For most of these services, authorization is required including sending scanned documents for verification.
newbie
Activity: 84
Merit: 0
March 02, 2018, 01:02:55 PM
#47
Considering that in 2018 Bitcoin has fallen but it will not take long and it will grow up and this is the best way to earn money
member
Activity: 195
Merit: 10
February 16, 2018, 04:41:10 AM
#46
Partly I agree, Bitcoin hasn't done any significant innovation if we compared to altcoins, altcoins have done many significant roadmap and features. But I believe the lightning network is surely a huge leap forward for Bitcoin to solve the scalability issues. I'm sure its enough to make the investors feel confident yet again.

I agree with you on the point that altcoin developers are analysing and fixing bugs of Bitcoin tech better and faster. They are just ambitious to rival No1 crypto. I do believe that bitcoin devs do not stand aside and continue improving tech issues. I'd better focus on the issue of increasing public awareness and trust in cryptos and as a result more mass adoption.
member
Activity: 266
Merit: 10
February 14, 2018, 09:10:43 AM
#45
Well, a very large and huge request is straightforward, do not be hamsters that if the price went down even by 5-10% immediately to run and sell bitcoins or another currency, as the more you are on the market, the faster the price runs down, and the larger players , the whales of the investment environment are stealing your money on your emotions! we stick to the end. up to a price of $ 1,000,000 for 1 bitcoin!)))
full member
Activity: 406
Merit: 100
February 13, 2018, 12:47:14 AM
#44
what kind of innovation do you mean, no matter how much innovation this year might be tough if to reach the target at 500K, this year might be 50k more

50k price this year is very tough one but if this happen then all of us have to invest more in bitcoin and hold it. Now at this currenct time is a good choice to buy more bitcoin lets say if you are holding even 10 bitcoins until it reach to 50k that was huge huge amount of money for you.
sr. member
Activity: 402
Merit: 250
February 12, 2018, 08:10:41 PM
#43
what kind of innovation do you mean, no matter how much innovation this year might be tough if to reach the target at 500K, this year might be 50k more
newbie
Activity: 3
Merit: 0
February 12, 2018, 08:01:15 PM
#42
Yes. Hold, hold and hold. Bitcoin price will increase in the future, that is sure, big future technology, that is Bitcoin.
full member
Activity: 294
Merit: 114
February 12, 2018, 07:30:45 PM
#41
Innovations are already applied. For example, Segwit was activated to solve the transaction issue and now lightning network is going to be activated for the same issue. Either we come up with real innovative ideas to speed up transaction rate by 10 times, increase Bitcoin usage in real world, add more use cases for Bitcoin usages and Bitcoin becomes like Apple/Amazon or it goes down and down and become another Yahoo.
I think it will be very difficult for us to control all Bitcoin users. That's because Bitcoin users have their own wants and needs, not to mention those who have big dreams and desires with Bitcoin. Many people will think to develop and take care of their lives first before taking care of other things. Especially for myself, of course I will prioritize my family rather than Bitcoin development. Although the development of Bitcoin is an advantage for all of us, but not everyone can agree and want to do something to help the development of Bitcoin. I hope that with the passage of time, people can be aware and begin to develop Bitcoin together.
legendary
Activity: 1163
Merit: 1005
February 12, 2018, 07:13:29 PM
#40
Either we come up with real innovative ideas to speed up transaction rate by 10 times, increase Bitcoin usage in real world, add more use cases for Bitcoin usages and Bitcoin becomes like Apple/Amazon or it goes down and down and become another Yahoo.

We need to innovate together to take BitCoin to 100-500k USD level.

No more innovations means BitCoin will die. Anything which does not evolve can not survive for long.
I had predicted this would happen, surely someday there will be a new innovation that will drown Bitcoin, the world will continue to grow as well as digital currencies
hero member
Activity: 952
Merit: 500
February 12, 2018, 06:25:51 PM
#39
Innovations are already applied.For example, Segwit was activated to solve the transaction issue and now lightning network is going to be activated for the same issue.Already,transaction fee has come down due to more people using Segwit addresses.But at the same time, innovations should not be in a way so that it totally affects the originality of a project itself.
legendary
Activity: 2968
Merit: 3684
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February 12, 2018, 12:18:10 PM
#38
What can we do to help it get to that level?

Advocacy! If you're a member of site or service that uses Bitcoin, encourage them to quickly upgrade to Segwit wallets. The majority of sites are still on legacy addresses. You don't have to force anyone to do it, but if enough users ask about it or even just talk about it, you bet the service owners will think more about it. As I understand, most are putting it off because of huge backlogs and unmanageable inputs, but with the mempool so low right now, it's the perfect time to consolidate wallets and just make one big move to Segwit. One site starts, second follows... domino effect.
full member
Activity: 200
Merit: 100
Thrive
February 12, 2018, 04:02:43 AM
#37
Either we come up with real innovative ideas to speed up transaction rate by 10 times, increase Bitcoin usage in real world, add more use cases for Bitcoin usages and Bitcoin becomes like Apple/Amazon or it goes down and down and become another Yahoo.

We need to innovate together to take BitCoin to 100-500k USD level.

No more innovations means BitCoin will die. Anything which does not evolve can not survive for long.
I'm fond with your enthusiasm, and yes It's great to think of more innovative ways to upgrade bitcoin. I would recommend you read more about the soon to be released "Lightning Network" It aims to decrease the fees and introduce cross-blockchain technology which would take bitcoin and Crypto to the new level.
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