Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Crypto on September 21, 2018, 09:24:02 AM
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After last years record of bitcoin, it came in the bright light an more and more people got introduced to cryptocurrencies in general. But after that the government officials and banks started to convince people to avoid indulging in the cryptocurrency world, be it any virtual currency.
A lot of banks have stopped purchase of any cryptocurrency through their cards and some trading sited have also warned users to withdraw all your money from trading and put a hault on any trading activity. They say as cryptocurrencies are highly volatile, one could go in great debt as reaching unprecedented heights is not promised to anyone.
What are the legit and massive reason one should truly keep believing in bitcoin and cryptocurrencies other than it being anonymous and it lets people have control over their money?!
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There is no ban on bitcoin in some countries. There is only very few countries that may ban this crypto. But bitcoin is not allowed to make transactions in some countries. And as much as I know, the government does not prohibit using bitcoin as an investment asset. They think that bitcoin makes the finance not stable.
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History is the best way of predicting the future. Despite all the fear, uncertainty and doubt surrounding bitcoin, people are still making a living out of it. Bitcoin has proven itself enough to earn the trust of the people. Those who will oppose it would oppose it even in the face of concrete evidence that bitcoin is legit. There is no need trying to convince anyone at this point, time will be the best way for bitcoin to prove itself again.
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In my country I don't legalize bitcoin, and that makes bitcoin unable to be used for transactions. I believe in bitcoin and therefore the use of it for investment.
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The reason why people should belief in bitcoin is that we are currently in the digital or technology era where the world is going cashless. The banks are encourage the use of less cash and is encouraging on lines transactions. The crypto currency will rule the world and this is just the beginning.
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There's no reason in withdrawing money, especially the Bitcoin. Banks are simply afraid of losing clients as people started to invest in crypto more than in banks.
It's not very good for the economics and that's the main reason why such warnings take place. In my opinion the crypto will rise soon and everything will be okay.
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Yes,I still believe in bitcoin when the governmet says not yo. Because I believe bitcoin is the future currency and will exist for along years.
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I believe in bitcoin because of that I use it for investment when the government says no to me there is no reason to withdraw money especially in bitcoin because banks are only afraid of losing clients because people start investing in crypto rather than banks.
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It is impossible to banned crypto globally which is not reliable to do so. Imagine the growing population of crypto in other countries then the government banned crypto immediately. There will have massive rally of crypto people because they are the first affected by whatever the possible effect.
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It does not matter what the government says. If this technology is realistically feasible and better than conventional money, then why not believe it. Especially after investing in Bitcoin
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I will continue to support Bitcoin even though my country prohibits it. I will still look for ways to get Bitcoin, I think that a country that does not legalize Bitcoin is a country that does not want to advance, Bitcoin is present as a digital currency, where today the progress of times is accelerating, technology is increasingly sophisticated. If the country does not accept Bitcoin, then the country will be outdated.
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After last years record of bitcoin, it came in the bright light an more and more people got introduced to cryptocurrencies in general. But after that the government officials and banks started to convince people to avoid indulging in the cryptocurrency world, be it any virtual currency.
A lot of banks have stopped purchase of any cryptocurrency through their cards and some trading sited have also warned users to withdraw all your money from trading and put a hault on any trading activity. They say as cryptocurrencies are highly volatile, one could go in great debt as reaching unprecedented heights is not promised to anyone.
What are the legit and massive reason one should truly keep believing in bitcoin and cryptocurrencies other than it being anonymous and it lets people have control over their money?!
Of course, I still believe in bitcoin when the government says not to. Because Bitcoin is the future currency.
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bitcoin is not permitted to conduct transactions in several countries. And as much as I know, the government does not prohibit the use of bitcoin as an investment asset. They think that bitcoin makes money unstable. There is no ban on bitcoin in some countries. There are only a few countries that might ban this crypto.
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For me, No matter what they going to say but I will keep believing on crypto. Even here in our country banks they not accepting cryptocurrency as an type of investment before but this year they starting to show an interest on cryptocurrency. I hope the other countries banks will start accepting it too.
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yes there are several countries really banned the crypto
?transaction, but impossible to government to stop people to believe//support btcoint the unstoppable belief of bitcoin people find ways how make business /transaction and earned easily in bitcoin. those government banned bitcoin they are outdated of digital technology,which is bitcoin products of this technology. what ever happened i continue support bitcoin no government can stop me