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Title: correct me blockhain the underlying ledger system on which Bitcoin is based. Post by: nasi on May 06, 2016, 03:57:58 PM is that correect or wrong? if goverment usees blockhain for taxes and other things will that make the price of bitcoin rise or? what makes bitcoin price to rise? when people buys ?
Title: Re: correct me blockhain the underlying ledger system on which Bitcoin is based. Post by: longbob72 on May 06, 2016, 04:08:26 PM is that correect or wrong? if goverment usees blockhain for taxes and other things will that make the price of bitcoin rise or? what makes bitcoin price to rise? when people buys ? https://en.bitcoin.it/wiki/Block_chain all you need to know. the government can't use bitcoin blockchain as they please. bitcoin have protocol rules that limits the amount of data that can be transferred. so they'll have to create other P2P database that will have nothing to do with bitcoin. what they do with that won't affect bitcoin. oh and price of [insert whatever you want here] rises when there's more buyers that sellers. Title: Re: correct me blockhain the underlying ledger system on which Bitcoin is based. Post by: LCSociety on May 06, 2016, 04:18:37 PM is that correect or wrong? if goverment usees blockhain for taxes and other things will that make the price of bitcoin rise or? what makes bitcoin price to rise? when people buys ? Anything above the price of $1,100 will almost entirely be wash trades.... Other than that, market making tactics are employed during each and every rally and subsequent "downtrend" that has ever occurred in this market Pricewise, Bitcoin is the 2.0 version of each and every financial product, security, commodity wrapped up and bundled into one asset class Interesting times we're living in Title: Re: correct me blockhain the underlying ledger system on which Bitcoin is based. Post by: KenR on May 06, 2016, 04:32:11 PM Blockchain is the concept on which bitcoin is based.Basically,everything that runs on blockchain is highly influenced by anonymity and decentralization.
No,the bitcoin prices are not affected by what government does with the blockchain.The suppy and demand in the market does. Title: Re: correct me blockhain the underlying ledger system on which Bitcoin is based. Post by: calkob on May 06, 2016, 04:49:39 PM the more people who require bitcoin the more bitcoin will cost, this is just basic economics
Title: Re: correct me blockhain the underlying ledger system on which Bitcoin is based. Post by: nasi on May 07, 2016, 09:41:28 PM would ne good.
UK gov might use blockhain bitcoin idk for tax money laundring idk |