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Topic: What do you think about Bitcoin? - page 5. (Read 2544 times)

member
Activity: 120
Merit: 10
October 18, 2018, 07:57:19 AM
Bitcoin has to be a speculative investment or a currency weaken a global financial system full of injustice are trying to destroy Bitcoin?
"When it was created in 2009, Bitcoin surpassed all currencies, even with the government itself as hostile to it, and the uncertain legal regime that governments have created to manage it. The way people can not predict what will happen. So its present value can reach this level as has been great, since the fact that it only faces headwinds without tailwinds. Every government around the world is trying to find a way to stop and destroy Bitcoin."What do you think about this?
Bitcoin is a digital currency that has very sophisticated technology. Besides being able to be used as a payment system, Bitcoin can also be a tool for storing wealth in digital form that is more concise and safe.
newbie
Activity: 37
Merit: 0
October 18, 2018, 07:46:41 AM
They cannot entirely eradicate Bitcoin. In fact, they are most likely to end up adopting it.I know it sounds far-fetched, but this will soon be the case. Just observe the global climate. For example, there has been trade wars between the US and China of recent. It seems there wont be an end to this ugly trend. And what is the cause of these wars? DISTRUST. Simple.Meanwhile, blockchain technology restores trust like never before as there is transparency and centralization, and there is no room for manipulation. It means it is only a matter of time before China and US adopts Bitcoin so as to restore trust with their market partners.

Keep the good work guys! The light is of Bitcoin is bright at the end of the tunnel.
newbie
Activity: 22
Merit: 1
October 18, 2018, 06:11:12 AM
FOr me, BTC is a phenomenal innovation . IT is one of the newest best invention which can make our life change sinificantly. It makes our transaction  easier, cheaper with high speed,  especially it give us chance to enrich ourselves,,,
jr. member
Activity: 294
Merit: 1
Colletrix-Bridging the Physical and Virtual Worlds
October 18, 2018, 06:05:18 AM
To this day I don't understand too far what is happening out there about bitcoin. I just thought about bitcoin so the price would immediately rise above $ 10k. And I will patiently wait and still be optimistic about this.
member
Activity: 476
Merit: 10
Student Coin
October 18, 2018, 06:01:03 AM
For me bitcoin popularity was still the same but its price now was looking so bad,but i`m pretty sure that i will have a good comeback with a high price when this year will end.
newbie
Activity: 4
Merit: 0
October 18, 2018, 05:44:52 AM
No one regulate Bitcoin and no one can control it. Any one can create an artificial market crisis and the Bitcoin price can rise. We all know Gold have price because there is demand. In a similar way, If there are Bitcoin crisis in the market then Bitcoin price will rise.
newbie
Activity: 28
Merit: 0
October 18, 2018, 05:41:09 AM
Bitcoin is the first and most popular cryptocurrency in the world and which actually paved the way of many other altcoins and gave the rise of the blockchain technology. As bitcoin price is quite volatile, it is not recognized by most of the countries of the world, but few of them can accept its immense potentiality to be the first digital currency. This year bitcoin's price dropped a significant level comparing previous years, but the more stable it will get the most acceptance it will get in the future
newbie
Activity: 42
Merit: 0
October 18, 2018, 05:40:41 AM
Only a few countries took a strong stance towards the controlled outcome of bitcoin. Some of them are actually planning to launch their version of bitcoin at this moment. Bitcoin is inherently hard to trace for its nature. It's a nightmare for any goverment. What, as a bitcoin community, we truly want is, total accpetance all over the world. Then, no one remains agitated.
newbie
Activity: 3
Merit: 0
October 18, 2018, 03:51:29 AM
Cryptocurrencies are NOT investments without investing on a platform and should not be treated as such. At this point, they are speculative vehicles. That does not mean one cannot and should not invest in them as long as you have a legit investment platform like allcoinhodler, just they should be clear what they would be doing which is speculation.

Investing is about putting money into assets with expectation of financial return based on economic activity. Most of the activity in cryptocurrencies as of 2017 is centered around expectations of continued increases for the sole reason of previous increases.

One can make a case that tremendous increase in the interest and awareness of cryptocurrencis is big enough that it has reached a critical mass and attracted enough legitimate players and real viable investment companies which are about to surface from all the noise. That is certainly possible, but the degree of uncertainty right now, as of late 2017 till date, is so high that it still amounts to speculation.

Do not think of cryptocurrencies as investments any more except you invest it on a legal investment companies. They can certainly be speculated on, and the actual volume of foreign exchange trading is stupendous, in trillions/day.


But this market is a huge speculative trading market that has nothing to do with investing.

Keep in mind that putting your money into cryptocurrencies is a highly risky speculative proposition and treat it as such except you have a great investment platform that you invest in. That means make absolutely sure you know what you are doing by always keeping very strict trading discipline and risk management.

and if you ask me the best investment platform out there, i will say allcoinhodler because i have been dealing with them for a while and i can say they are diligent. They give double returns on invested cryptocurrency after 7 days. So you cant get affected with the fluctuation of cryptocurrency. https://www.allcoinhodler.com
newbie
Activity: 138
Merit: 0
October 18, 2018, 03:36:02 AM
As Satoshi Nakamoto has stated, Bitcoin was designed to be the one and only worldwide payment system. Obviously, this means that Bitcoin should destroy traditional financial authorities and national currencies backed by governments. It’s interesting that some governments are going to make their monetary systems crypto-based. I think Bitcoin has a lot of potential to disrupt traditional finances and make it a new industry. There's the chance of cooperating with governments. And finally, I don’t believe that crypto projects will disappear.
member
Activity: 658
Merit: 10
Rangers Protocol
October 18, 2018, 03:22:51 AM
Even the government try to put an end to bitcoin it wouldn't happen. Actually, bitcoin helps the growth of financial status of the family once they got effective in their particular investment. The more government trying to kill bitcoin the more it will earn more popularity which made btc more potential than before.
newbie
Activity: 11
Merit: 0
October 18, 2018, 03:15:12 AM

I think the future bitcoin will be an official currency. A common currency for people to buy and sell on the internet. This virtual currency has a lot of potential to invest.
full member
Activity: 448
Merit: 103
October 18, 2018, 03:09:05 AM
Bitcoin has the ability to stand alone in the market among all altcoins due to its pleasant features and mainly because of decentralization, bitcoin will reach to the moon in the upcoming years.
Bitcoin already gives wealth to all bitcoiners last year but still i believe that it will happen again which bitcoin has a huge value, and for now i keep on collecting bitcoin and hold to have more when the value of bitcoin surpass the top value last year.
copper member
Activity: 110
Merit: 60
October 18, 2018, 03:01:11 AM
Bitcoin nowadays according to what I heard and read it on the different news here such as crypto news or Cointelegraph it is a virtual currency that being used in different aspects form of business particularly in online marketing business, and I also consider it a form of investment too where we can have a capability to earn due to its volatility in terms of price value of bitcoin.
newbie
Activity: 14
Merit: 0
October 18, 2018, 02:56:07 AM
Bitcoin has the ability to stand alone in the market among all altcoins due to its pleasant features and mainly because of decentralization, bitcoin will reach to the moon in the upcoming years.
newbie
Activity: 7
Merit: 0
October 18, 2018, 02:42:33 AM
Bitcoin can be considered as the most important electronic currency. In many countries, in order to enter the electronic money market and trade in other electronic currencies, one must definitely go through Bitcoin. Bitcoin has a large user base at the same time that the coin is also actively engraved. I think bitcoin is a potential market worth investing in.
member
Activity: 742
Merit: 21
Be the reason someone smiles today
October 18, 2018, 02:26:19 AM
People who call bitcoin a ponzi scheme/scam forget the fact that USD is a way bigger scam than BTC but it's still going on decade after decade. BTC at least has a known and limited supply.

Only way BTC can hit new ATH is inflow of institutional money, which it seems gearing up for...
member
Activity: 400
Merit: 59
October 18, 2018, 01:45:18 AM
Bitcoin has the ability to stand alone in the market among all altcoins due to its pleasant features like anonymity and instantaneous transferring system, also government has no control over this. So i believe we shall name it the global currency one day.
Bitcoin has already helped people to forget 50% usage of fiat money, now we just need to wait afew more years to see major changes

I agree with your belief too. I also believe that bitcoin needs to bethe global currency. With this it can help the economy to grow faster, not just an economy of a specific country but rather it is the world economy. We can see what can bitcoin do today and can picture out what will going to happen in the future.
full member
Activity: 406
Merit: 100
CRYPTOBLADES Octoblades 10.10
October 18, 2018, 01:41:39 AM
Bitcoin still emerge and stand out alone no matter what, no matter where, inspite all negative comments, fake news and other controversy bitcoin can survive the test of time that's why many still believe in it and invest and its inconsistency of its value varied to the condition of the market
sr. member
Activity: 812
Merit: 256
October 18, 2018, 01:10:51 AM
Bitcoin has been quite successful on the Blockchain platform! Attracted many members and investors interested in Blockchain Technology!
Hopefully, Blockchain will be the technology of the future
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