What does Bitcoin protects people from ?? - page 6.

BenRayfield

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Quote from: First77 on January 20, 2018, 04:03:53 PM

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.

Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.

As a commodity, what does Bitcoin price show or protects people from ?? Grin

In your message, you replied. Perhaps we can draw an analogy with gold? And call Bitcoin digital gold?

ForkioTeam

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Bitcoin is the future.My opinion bitcoin users will use more often

#davidnugroho

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Quote from: First77 on January 20, 2018, 04:03:53 PM

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.

Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.

As a commodity, what does Bitcoin price show or protects people from ?? Grin

bitcoin like stock prices that could rise and fall drastically this and this our efforts to keep the value of bitcoin to remain stable and always go up we can do by maintaining investment and attracted many investors come to be interested in bitcoin virtual coins.

franciscoDC

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Bitcoin has a lot of purposes,first of all bitcoin was bring us for secured system,and you dont need to worry about your money because it has a lot of authentication, and also we are only able to see our transaction with our identity and other could see only the tx hash,these are the thing that bitcoin is has.

Eureka_07

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Binance #SWGT and CERTIK Audited

Quote from: First77 on January 20, 2018, 04:03:53 PM

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.

Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.

As a commodity, what does Bitcoin price show or protects people from ?? Grin

For me, bitcoin protects from hackers and scammers because nowadays scammers and hackers are prone in the philippines and bitcoin users wants to avoid scammers and bitcoin protects people from having a interest from banks because users of bitcoin do not have interest and the money that they earn is only for them not sharing from banks.

solenn heussaff

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Quote from: First77 on January 20, 2018, 04:03:53 PM

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.

Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.

As a commodity, what does Bitcoin price show or protects people from ?? Grin

For me, bitcoin protects people from being scammed by other banks or hackers. Since bitcoin is secured, it lessen the chance of being hacked by hackers or scammed. It also protects people from being greedy.

crazy-pilot

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SmartFi - EARN, LEND & TRADE

Quote from: rosemary4u on June 16, 2018, 04:11:31 AM

Bitcoin protects people from the centralised world economy where everything is controlled by the government. For instance bitcoin enables community users to determine prices they want to sell or buy. Hence the majority determine the price.

I agree with you. As for me personally, it is the best way to earn money, not to be connected with corruption government. Only in this way we all can go for yourself.

kwabeedat

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Quote from: First77 on January 20, 2018, 04:03:53 PM

As a commodity, what does Bitcoin price show or protects people from ?? Grin

I don't know why you're classifying Bitcoin as a commodity but one thing we must know is that Bitcoin has a store of value such as Gold, Diamond, etc (anyways that's how I consider my BTCs). You can really get a lot value from BTC if you hold for long-term.

LodisMcguire

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First of all,you can avoid third party tax like from banks and government.It can protect you from inflation despite the volatile price and you can manage your own money.You can track your transaction openly without manipulation.

Beck09

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Bitcoin is a currency. And by definition is a store of value.

Its subject to theft when not properly stored like any money.

Unless the internet no long exist, no threat is absolute.

Lastly, it protects from poverty

BelieveInBTC

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BookiePro.Fun - The World's Betting Exchange

Bitcoin is going to protect us from banks taking over the monetary system. More and more people trust banks and ignore their disadvantages. I personally stopped trusting banks after I discovered cryptocurrencies. However, Bitcoin does not protect people from their own stupidity. There will be scams and thefts related to cryptocurrencies and we can't avoid that.

rasp

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Quote from: First77 on January 20, 2018, 04:03:53 PM

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.

Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.

As a commodity, what does Bitcoin price show or protects people from ?? Grin

The main advantage is that bitcoin protects you from intrusion into your personal life.
There are absolutely no restrictions (maybe except for the speed of transactions) on how you can spend your coins.
It protects your personality and anonymity and that's why bitcoin is becoming even more popular.

First77

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Mastercard to start anonymous transactions on blockchain

Mastercard won a patent for anonymous transactions based on Blockchain. The new Mastercard patent describes a system that facilitates anonymous transactions through a block system. According to Mastercard, the transparent nature of transactions with blocking is an obstacle to adopting this technology for daily payments. Personally for here there will be no transparency. On the contrary, "you are in the rhythm of dance - you do not have to go anywhere" Mastercard actively cooperates with the states. Now the entire transaction will remain in life in the blockchain.

https://www.ccn.com

karagun125

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In my own idea, bitcoin can save some unemployed people from poverty.

julielyn

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Quote from: First77 on January 20, 2018, 04:03:53 PM

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.

Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.

As a commodity, what does Bitcoin price show or protects people from ?? Grin

In the opinion that bitcoin protects people from lacking identity, they give us a password bitcoin long such as a private key so your btc does not steal the evil that I think is why bitcoin protects our identity.

sitnibtc

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that's highly unlikely to have an outage of internet all over the world though.bitcoin does give you anonymity. we can say it protects people giving away their identity

littlePig

newbie

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Actually, BTC dont protect people from anything, it's just a new technology which gives people improvements that make human life more convenient

joshy23

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Quote from: Suguha on July 04, 2018, 09:28:03 PM

Quote from: First77 on January 20, 2018, 04:03:53 PM

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.

Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.

As a commodity, what does Bitcoin price show or protects people from ?? Grin

For me bitcoin protects people from the hackers and scammers and people who are untrusted because nowadays, poeple don't want to invest in banks because there js a lot of efforts you need to have a good and reliable bank and to grow your money, bicoin lessen the efforts and your money will grow and the result is unexpected because it may be doubled or tripled the price that you invest.

The first part of your statement is not relevant, bitcoin attracts scammers and hackers especially if they've seen what inside your wallet, though the system allow anonymity but given by the facts that hackers will do everything to try emptying your pocket, but those last part are for real bitcoin as
formed of investment allow us to save our money with a lots of potentials to grow far higher than any banks can offer.

microwave

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Quote from: First77 on January 20, 2018, 04:03:53 PM

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.

Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.

As a commodity, what does Bitcoin price show or protects people from ?? Grin

Actually Bitcoin is good for all the people but this is same as the sales of company if there is a volume of sales of course huge profit are in but it fails the target within the month of course they suffered the low income. like bitcoin there so many times that people are happy and enjoy the profit they got during the situation of price are really good. but for the time when the price are changed into lower price they felt disappointed I hope that people are accepting the reality. We are totally plying the volatility of bitcoin we have nothing to do this is the product of new technology.

Suguha

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Quote from: First77 on January 20, 2018, 04:03:53 PM

Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.

Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.

As a commodity, what does Bitcoin price show or protects people from ?? Grin

For me bitcoin protects people from the hackers and scammers and people who are untrusted because nowadays, poeple don't want to invest in banks because there js a lot of efforts you need to have a good and reliable bank and to grow your money, bicoin lessen the efforts and your money will grow and the result is unexpected because it may be doubled or tripled the price that you invest.

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