Topic: Shall we be afraid of bitcoin ? - page 5. (Read 870 times)
Bitcoin is not a plaque, sickness or an epidemic so why should someone or anyone at that be afraid of what does not kill but rather add to live? it maybe because of lack of understanding of what bitcoin really is so i suggest details information and education be given to know it better
I think, the only thing we are afraid of is that bitcoin trade suddenly stops and become worthless. But it is absolutely impossible to be happen at time like this, bitcoin is so valuable until its smallest number. Besides that, I thought there is nothing to worry about.
Why we should afraid about bitcoin? From the first I know about bitcoin till now, I don't afraid about it. I got some profits from bitcoin, so why I should afraid about it? Maube some people afraid about the price, the risk and so on. Hey dude, don't worry about anything. You can't get more if you just worried about it.
Bitcoin price is increasing from time to time its mean that people are now trusting on bitcoin, they are too much confident about investment in bitcoin, as bitcoin has already given a very good profit to people are still it continue because the price of bitcoin is increasing regularly. I think that this trend of increasing the price of bitcoin will continue and we will even see the price of bitcoin trading above 40000$ very soon. 
Why we should afraid about bitcoin? From the first I know about bitcoin till now, I don't afraid about it. I got some profits from bitcoin, so why I should afraid about it? Maube some people afraid about the price, the risk and so on. Hey dude, don't worry about anything. You can't get more if you just worried about it.
Of course. One day all coins will back to the true value!
But if we are afraid, then how can we be rich?
Be different and try to be 1% of the world LoL!
But if we are afraid, then how can we be rich?
Be different and try to be 1% of the world LoL!
Do you think people understand that it is just money changing hands like if you were making and selling new paintings ?
I wrote an article about it here: https://medium.com/@netcashfx/bitcoins-wealth-is-not-a-threat-152b1a90489d
I wrote an article about it here: https://medium.com/@netcashfx/bitcoins-wealth-is-not-a-threat-152b1a90489d
Dude. Freakin wake up, art is way too different than crypto currencies. Art will always be art. Although bitcoin is an art itself, we cannot compare it to art as a whole since it does not serve or made to be an art. But to be used by lots of people and to solveultiple problems that the world system has currently. Art is complicated, bitcoin isn't, but even bitcoin does only two things which is rise and fall, it is pretty hard to predict what happens next since it doesn't have a fixed time and date for this. If it did, then no one would even lose or gain profits. That's for sure. But hey, great article though. You should enhance that more since there are lots of jobs there for article writters.
At the moment bitcoin is pretty risky, it is not going up, and not going down too. it is pretty stable, that is why if you want to make more money you need to consider switching all your bitcoins to other altcoins, and then go back to bitcoin once that it starts going up again.
maybe fom one side bitcon can be a reason of conflicts between differnt opinions, it will be ok if this conflict is between two friends but what will be if this conflict will be between goverments
In my opinion there is no reason to be afraid. Such major changes have always happened in the world, we think such major shifts in the economy have always happened in the past, but they definitely can and are happening in our lifetimes as well. We shouldn't be afraid of bitcoin, we should rather try to figure out how we can adapt to it.
There is no big reason to afraid on Btc. Every thing has some good and bad site also. Bitcoin is now more popular and well known crypto currency. Price can up or down. If there is high risk but there is big profit. Afraid on Bitcoin is not good thinking.
I see no reason to fear bitcoin. I think that should fear their own greed. This prevents all members of the bitcoin community to reach consensus. For this reason, bitcoin can not time to upgrade. This makes bitcoin uncompetitive in an ever-emerging altcoins. We have not entered the active phase of the struggle with the bankers.
Do you think people understand that it is just money changing hands like if you were making and selling new paintings ?
I wrote an article about it here: https://medium.com/@netcashfx/bitcoins-wealth-is-not-a-threat-152b1a90489d
I wrote an article about it here: https://medium.com/@netcashfx/bitcoins-wealth-is-not-a-threat-152b1a90489d
Paintings are unique, while bitcoins aren't. Paintings are end-user goods, while bitcoins are a means to an end. For example, you could use the latter to buy the former. So no, I don't think we can compare them.
Being afraid will just make us ponder over useless stuffs and hesitant to proceed further which isnt good at all. We should instead try to understand more of bitcoin, its advantages and disadvantages.
You dont need to afraid of bitcoin,always remember that their are many people get rich because of bitcoin so you dont need to be afraid.It is only risky because its value is volatile but all I can say is just be patient at time specially in your investment if you want to earn big so their is no need for you to be afraid.
why shall we be afraid of such a good investment!
Be wary, but no afraid! High risk and high reward..
This is true.
Always have a back up plan.
In bitcoin or any other investment, risk will always be there. It happened in the United States with the Housing issues.
It can also happen with bitcoin and other investment.
That is why there are many type of it when it comes to mutual funds.
But here in bitcoin it was made more riskier which is really profitable, but you dont know when the run could end.
I think many people still do not know about the virtual currency because they think it is not real and virtual, so they are afraid. But if it is a reality they will believe. I think so.
Bitcoin price will again reached above $20000, I hope it's the best time to buy btc.
Why us?
BANKS should fear bitcoin
The banks are not necessarily scared of bitcoin the currency, they are however scared of the potential disruption from the technology used in the Bitcoin infrastructure. Banks see this as a means of improving the efficiency of their cross bank transactions such as remittance of funds. They also see that the block chain can facilitate new transactions that exchange value without the need for a bank (and the resulting loss of fee revenue).
This disintermediation of banks is a threat that the banks are taking seriously – when they first realized the potential threat – they lobbied the authorities to introduce rules that would make it difficult for any new company to enter into their market and now they are actively exploring how the block chain can be used all with the intent of protecting their market share.
BANKS should fear bitcoin
The banks are not necessarily scared of bitcoin the currency, they are however scared of the potential disruption from the technology used in the Bitcoin infrastructure. Banks see this as a means of improving the efficiency of their cross bank transactions such as remittance of funds. They also see that the block chain can facilitate new transactions that exchange value without the need for a bank (and the resulting loss of fee revenue).
This disintermediation of banks is a threat that the banks are taking seriously – when they first realized the potential threat – they lobbied the authorities to introduce rules that would make it difficult for any new company to enter into their market and now they are actively exploring how the block chain can be used all with the intent of protecting their market share.
Afraid. This is good one we need to acknowledge bitcoin not fear from it. The only ones who need to fear bitcoin or crytpocurrency at all are banks and government.
There are the ones who are afraid of it in both usage and acceptance of crypto.
We all need to enjoy in crypto not be afraid of someone saying this or that about bitcoin, after all many said bad things but at the end they change the story.
There are the ones who are afraid of it in both usage and acceptance of crypto.
We all need to enjoy in crypto not be afraid of someone saying this or that about bitcoin, after all many said bad things but at the end they change the story.
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