Ramiz Kelmendi's Warning to Bitcoi

Ramiz Kelmendi's Warning to Bitcoi

The world's most popular kryptomonde recently reached its highest point, exceeding the value of more than 20 thousand dollars, but there was still a huge decline. Such price shift has led some of the world's largest banks to denounce Bitcoin as a fraud, giving [...]

The world's most popular kryptomonde recently reached its highest point, exceeding the value of more than 20 thousand dollars, but there was still a huge decline.

Such price shift has led some of the world's largest banks to denounce Bitcoin as a fraud, warning investors of a speculating bubble to fail.

Until the question of whether it's a <x0-magnification or not”, “concern about this matter” is also being circulated on social networks.

For this, renowned businessman Ramiz Kelmendi, at the same time Kosovo Parliament MP has provided some clarifications and explanations about Bitcoin.

Ramiz Kelmendi's complete writing, without editorial interference:

A few necessary explanations and explanations for Bitcoi!

Bitcoin (virtual coins) Electronic Products

The word "bit" is an electronic impulse with impulse condition 1 and 0, where all electronic systems use this plant.

The word "coin" is a sense of currency to metalize the impulse.

Bitcoin is not a virtual or electronic currency, but it is an electronic or virtual product with Bitcoin nomination, which is released in the market produced by combined machines and as such has financial value, or to express shares that are compared to official currency, in this case with the dollar.

This product has the cost of production, which costs, the purchase of equipment and the considerable cost of energy, to make the impression of productive seriousness and dedication.

This product as such is a combination of bitas (or electronic impulses) that we call barcode or encoding from the production program that has been implemented on computers, and for this purpose the program first generates significant amounts of Bitcoins in order to affirm and motivate the distribution and profit idea on one side, while on the other side of this (bitin) works on virtual growth in the market, where, by this time, the program has been singled out (regulated) to reduce the production of the bicoins in a creative way that starts to cause the virtual market collapse.

We know that in every country in the world, marketing of any currency, such as paper or electronic, is sanctioned by law in force. The wave is shaped, model, value and quantity is registered in a state's Central Banks. In addition, we know that the printing press printing coins receives financial value for the cost of labor, where all production is professionally supervised so that there is no uncontrolled printing. So all the coins have the number and value printed on it.

If we compare this above data to Bitcoi, produced by everyone, anywhere, from anyone who has equipment, and this has no supervision, no record, and it's released in the market for no fixed value; 1 dollar, 5 dollar, $1100 or more), and when we see it's also a product so that electronics are found as a berzian product. The copper that's worth in the stock market comes out more than one dollar worth of currency that tomorrow can go up to $300 or more.

Bitcoin is thus a product of changed value like the precious metals or the berzian products that, when invested, create visual impressions, whether it's being sought, which caused many of the acters not to sell the product so much that tomorrow or six months later it can be sold more expensive, which in fact, only happens to be a capital pyramid, satisfy the market, achieves the Creator's goals, stimulates the promised sale, and starts the decline of shares under the purchase price, where in most cases it does not cover the cost of buying or leaving the purchase of the cost.

Some people have hoped that with this currency virtual product you can buy anything. This has proved impossible, since we said, Bitcoin is not the currency registered as currency for purchase, but as currency for sale. Even machines have always been exposed to the sale of this virtual product. Example for further explanation: You invest it in 10 dollars and you get a little bit of bitcoine, it's just like you invest $5 and you take a Marlboro package for granted. It doesn't happen, then, to invest bitco and get a dollar because that's legal.

In the end, it's good to understand that not always innovative ideas are profitable to everyone, especially if these are pyramids. So the sooner that fact is understood, the sooner we will be spared of these virtual products creators. The creators in question, such products, will only serve as a bunch of electronic bits and I can serve you as a story of light loss.

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