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Topic: Why is bitcoin so viable? (Read 112 times)

full member
Activity: 784
Merit: 212
March 05, 2018, 09:37:14 AM
#9
yes indeed now bitcoin be polemic itself, there is a support there is also banned bitcoin. but again look at the modern era or the Internet era, would be a big consideration in the future bitcoin will be the king of all digital currencies.
newbie
Activity: 35
Merit: 0
March 05, 2018, 09:30:08 AM
#8
well I agree of what others said. bitcoin community is not perfect. it needs a lot of working to do. but why does bitcoin viable? because of its users. they stayed and always search for the latest trend in bitcoin thats why bitcoin never broke down. as long as users stay together bitcoin will remain on top.
hero member
Activity: 2660
Merit: 551
March 04, 2018, 10:30:49 PM
#7
In fact, bitcoin itself a lot of problems, far from perfect, but its decentralization seems to be a trend. As an inevitable result of the rapid development of the Internet in the Internet age, Bitcoin has been recognized by more and more countries. The key behind this is that in these countries they are centralizing the areas where the United States dollar, the renminbi and the euro can not realize their own currency. Decentralization of Bitcoin, in the future, will be the starting point for them to reduce their severance pay to the major powers. As a result of this reality, The future of bitcoin will not be able to die out, and it must be recognized by these countries in some regions. What do you think?


Bitcoin is viable because of its awesome technology. Aside from being decentralized, it is the first currency that solves double spending for digital currencies using blockchain technology.
There are still lots of
“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
   - Don & Alex Tapscott, authors Blockchain Revolution (2016)

In my own opinion, the reason why bitcoin is viable it is because of the blockchain technology.

As long as bitcoin will be accepted worldwide bitcoin won't die and will remain to function as a store of value, but we need to be careful when investing into bitcoin because its value is very volatile. Only invest an amount that you can afford to lose.


I have to disagree with you. Its not because of its underlying technology. There are a lot of altcoins that uses blockchain technology and far more superior in terms of speed and cost of tx.

One reason that bitcoin is really getting acceptance because its now becoming a form of investments. And people are looking for profits out of the market. Investors now doesn't care about blockchain or the technology behind. However, Satoshi's original vision is for bitcoin to be used for micro payments and I think we are going farther from it because its now becoming as more of a store of value.
newbie
Activity: 90
Merit: 0
March 04, 2018, 10:30:14 PM
#6
I am also thinking that with the development of the Internet in various areas make bitcoin widely known by the community and with the development of Internet technology bitcoin hard to die and can not even die as long as there is internet network in this dunia.saya believe it.
newbie
Activity: 15
Merit: 1
March 04, 2018, 10:25:14 PM
#5
in fact I still know very little about bitcoin, but I think bitcoin is very worthy for us, especially for the prosperity of our economic situation, which we were poor with bitcoin we can be elevated to get rich, so bitcoin is very worthy for us, bitcoin can also be our investment in the future
member
Activity: 420
Merit: 24
March 04, 2018, 10:21:04 PM
#4
In fact, bitcoin itself a lot of problems, far from perfect, but its decentralization seems to be a trend. As an inevitable result of the rapid development of the Internet in the Internet age, Bitcoin has been recognized by more and more countries. The key behind this is that in these countries they are centralizing the areas where the United States dollar, the renminbi and the euro can not realize their own currency. Decentralization of Bitcoin, in the future, will be the starting point for them to reduce their severance pay to the major powers. As a result of this reality, The future of bitcoin will not be able to die out, and it must be recognized by these countries in some regions. What do you think?


Bitcoin is viable because of its awesome technology. Aside from being decentralized, it is the first currency that solves double spending for digital currencies using blockchain technology.

“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
   - Don & Alex Tapscott, authors Blockchain Revolution (2016)

In my own opinion, the reason why bitcoin is viable it is because of the blockchain technology.

As long as bitcoin will be accepted worldwide bitcoin won't die and will remain to function as a store of value, but we need to be careful when investing into bitcoin because its value is very volatile. Only invest an amount that you can afford to lose.
sr. member
Activity: 430
Merit: 250
March 04, 2018, 10:17:38 PM
#3
little knowledge I have about bitcoin, but I've got many benefits from bitcoin. My financial problems can be resolved by bitcoin, my dream to buy a car can be fulfilled by bitcoin. for that I think bitcoin is very worthy to be owned by those who want to get big advantage, because bitcoin transaction is very easy, the process of having it is also very easy, and the bitcoin selling value is very high. so bitcoin is very feasible for all of us who want a better life change again Smiley
newbie
Activity: 17
Merit: 0
March 04, 2018, 10:06:53 PM
#2
In fact, bitcoin itself a lot of problems, far from perfect, but its decentralization seems to be a trend. As an inevitable result of the rapid development of the Internet in the Internet age, Bitcoin has been recognized by more and more countries. The key behind this is that in these countries they are centralizing the areas where the United States dollar, the renminbi and the euro can not realize their own currency. Decentralization of Bitcoin, in the future, will be the starting point for them to reduce their severance pay to the major powers. As a result of this reality, The future of bitcoin will not be able to die out, and it must be recognized by these countries in some regions. What do you think?

Bitcoins are in the detonation phase, and bitcoin may decline after this phase, but such speculation itself is very rare during bear markets or recessions.
newbie
Activity: 41
Merit: 0
March 04, 2018, 09:47:12 PM
#1
In fact, bitcoin itself a lot of problems, far from perfect, but its decentralization seems to be a trend. As an inevitable result of the rapid development of the Internet in the Internet age, Bitcoin has been recognized by more and more countries. The key behind this is that in these countries they are centralizing the areas where the United States dollar, the renminbi and the euro can not realize their own currency. Decentralization of Bitcoin, in the future, will be the starting point for them to reduce their severance pay to the major powers. As a result of this reality, The future of bitcoin will not be able to die out, and it must be recognized by these countries in some regions. What do you think?
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