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101  Bitcoin / Bitcoin Discussion / Re: Do you think Bitcoin will survive after 100 year ? on: February 06, 2018, 11:25:45 AM
James Dale Davidson in his book "Independent Personality", published in 1999, predicted the emergence of crypto-currencies:

"The information age in which we live suggests a revolution in the nature of money. The emergence of cybercommerce inevitably leads to the emergence of cyber-money. This new form of money will reset the starting conditions for all states in the world. Perhaps, some countries will yield to other countries the dominant roles in the world arena. An important part of the coming changes will be the liberation from the power of the banking lobby, which has earned huge wealth due to the predatory mechanism of inflation. Soon almost every transaction you make will happen through cyber-money. "

I believe in these predictions and am fully confident that the future is behind the digital currency. It's unavoidable.
102  Bitcoin / Bitcoin Discussion / Re: Is bitcoin really gonna be dead? on: February 03, 2018, 03:44:08 PM
Since the digital currency does not have any so-called fair value, the scale of prices, internal cost, it is very difficult to find the foundation under bitcoin. Any tool that is used to save value has some practical application. Even gold still has demand in the jewelry industry. Bitcoin has no practical application, and a full payment instrument has not yet come out of it.
103  Bitcoin / Bitcoin Discussion / Re: Quantum Computers Wallets, Encryption and and Bitcoin blockchain on: January 31, 2018, 09:04:30 PM

The main advantage of the block is its safety. The technology allows you to distribute the transaction register between a large network of computers so that no one can hack and modify the registry - and this property makes it public and safe.
But in combination with quantum computing, another new technology, a registry of blockage that can not be changed, can be threatened.
A quantum computer can pose a threat to traditional forms of computer security - primarily for public key cryptography, which is the basis of most online communications, including blockbuster.
Quantum computations are based on quantum physics and have a greater potential power than any other traditional form of computation. It should also be noted that quantum computing threatens absolutely all computer security systems that are based on public key cryptography, and not just block crap. All security systems, including block systems, must take into account post-quantum cryptography to ensure data security. But the simplest and most effective way can be to replace traditional systems with such a block system in which quantum-stable cryptography is implemented.
104  Bitcoin / Bitcoin Discussion / Re: why all coins are going down..? on: January 31, 2018, 08:45:15 PM
The bitcoin rate, in the first place, is influenced by so-called "whales" (traders), who own hundreds of millions of dollars. They then lower it, then let it fly. And if before the fall of bitcoin was accompanied by comments "bitcoin burst", then the last few months already almost no one believes in it and everyone perceives the fall of the rate as a way to buy up cheap bitcoins.
105  Bitcoin / Bitcoin Discussion / Re: Is it wise to hold Bitcoin for a long time or sell to meet a need of life? on: January 31, 2018, 08:37:05 PM
In any business, in any field, it is difficult to begin. Sometimes it seems that you first need to become a professional, and then try. But you will never become a professional without trying and not making mistakes without studying new techniques and strategies. Passing the boundary in 2018, people are increasingly hoping and believe that the newest technologies will improve their lives and provide them with new valuable benchmarks. But this is the future, but to live it is necessary to satisfy the needs today and now.
106  Bitcoin / Bitcoin Discussion / Re: Bitcoin to eliminate unemployment. on: January 30, 2018, 01:37:50 PM
I completely agree. If a person does not have a permanent job, there is no permanent income for survival, then work in the field of bitcoin can really defeat unemployment
107  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: January 29, 2018, 03:55:33 PM
If bitcoin is legalized in all countries, it is regulated at the legislative level, then it will not end as a monetary unit in the near future. Simply, the mechanism of operation of bitcoin based on the blockchain is now imperfect and it needs to be modified.
108  Economy / Speculation / Re: Should I invest in BITCOIN ???? on: January 26, 2018, 04:26:51 PM
I think that bitcoin has a future, and it is possible that in the near future one million dollars will be provided for one bitkoyn. I will still invest in the top ten other popular crypto currencies. It is possible that the same ether will be more popular and more valuable than bitcoin.
109  Bitcoin / Bitcoin Discussion / Re: Btc good experience for young people on: January 26, 2018, 02:59:57 PM
Crypto currency is waiting for a great future. They unite the world, accelerate globalization. Young people have many opportunities to join new technologies, study the financial side of life and earn money on the currency exchange. And those who will prevent it, will miss a lot of opportunities and will be fools.
110  Economy / Speculation / Re: Why the bitcoin price goes down on: January 23, 2018, 09:10:49 PM

According to Robert Schiller-Nobel Laureate in Economics, bitcoin will not have a real value until people come to a consensus on its price. After all, the same gold has its price, even if it is not considered by the public as an investment. The very likely outcome of the Critical Exchange - according to Schiller - bitcoin could collapse and everyone will forget about it. But when this happens, the expert does not know. Up to this point, it may take 100 years, he believes.
111  Bitcoin / Bitcoin Discussion / Re: Bitcoin is an Illuminati Scam? on: January 23, 2018, 08:51:07 PM
According to media reports, Illuminati really support BitCoin and crypto-currencies as the only possible way of decentralizing cash flows in modern society. From the point of view of the tool dedicated to BitCoin has a huge potential for improving the value system and free supranational economy.
The beginning of the history of crypto-currencies is considered to be 2008, when a document appeared on the Internet with a description of bitcoins, published under the name Satoshi Nakamoto. It is not known who hid and continues to hide under this pseudonym, whether it was one author or a group of developers. Can this really be the program of the New World Order? Wait and see.
112  Other / Archival / Re: I could be millonaire now (BUT NOT) on: January 23, 2018, 08:05:10 PM

Who could have foreseen that bitcoin would become "digital gold"? But only the supply and demand moves the cost of the crypto currency and we turned out to be small cogs in this grandiose mechanism of the formation of a new world currency.
113  Bitcoin / Legal / Re: Legalizing Bitcoin on: January 20, 2018, 08:37:56 PM

In my country, a bill has been introduced to legalize the turnover of bitcoin and other crypto-currencies.
Thus, it is proposed to entrust the state administration in circulation of crypto-currency to the National Bank, which is given the functions of determining the procedure for creating and operating a crypto-exchange exchange, monitoring all crypto-currency transactions, the procedure for identifying a subject of crypto-currency transactions.It is assumed that the state is not liable, nor does it reimburse the cost of the crypto currency in case of its depreciation or loss for any other reasons.
Also in the document it is indicated that the crypto-exchange exchange is obliged to monitor all transactions, identification and personification of subjects of crypto-currency transactions in the order established by the NB. The income received by the crypto-currency exchange from the executive legislation.
114  Bitcoin / Bitcoin Discussion / Re: Good news The market began to rise and return !!! on: January 18, 2018, 06:32:52 PM

Judging by the data as of 18.01.2018, received from Coinmarketcap, the entire crypto-currency market has moved to a green, growing zone, almost all the Altkoks showed positive dynamics of growth.
At the moment it is still difficult to predict how the market will behave in the future, but we can say with certainty that in the absence of further negative news background, the market of crypto currency will continue its growth in the medium term
115  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: January 18, 2018, 06:10:32 PM

The growth of other crypto-currencies was helped by technological innovations. It may very well be that many altcoins will soon overtake the aging bitcoin, both in terms of capitalization and the popularity of crypto-currency payments, which creates excellent opportunities for investors.
The popularity of bitcoin led to an influx of users. His network was not ready for this. On the wave of concern about the ability of bitcoin to scale effectively and BCH appeared.
The price of BCH does not grow as fast as BTC, but in the future Bitcoin Cash may choose the function of a payment instrument, which will lead to the growth of quotations. The traditional bitcoin under this scenario will be assigned the role of a means of accumulation and saving.
116  Bitcoin / Bitcoin Discussion / Re: What do you like best about bitcoin? on: January 15, 2018, 11:59:23 PM

Bitcoin is "an interesting world experiment that breaks the paradigm of currency relations."
The principle of turnover of digital currencies allows you to make more secure transactions through the Internet.
  In my opinion, this is the first global investment project in history. Bitcoin is promoted as a completely open system in which everyone is equal.
117  Bitcoin / Bitcoin Discussion / Re: Why should government afraid of bitcoin? on: January 15, 2018, 11:10:34 PM

It is the lack of centralized control over the processes - the main reason why governments are afraid of crypto-currency.
Control over the currency has many different hidden currents, especially in the framework of the fiscal policy of the country, the business environment, and, of course, crime control. If Bitcoin, or other crypto currency, will be widely accepted around the world as the main means of payment, the entire banking system may lose its relevance. To many, this idea may seem tempting and not without sense, however, it is a double-edged sword. If your account is hacked, where to call?
118  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: January 15, 2018, 10:53:16 PM

I believe that bitcoin is superior to gold. Despite the fact that bitcoin is criticized for volatility, it is more stable than government-backed currencies. Any government can at any time make an issue if it finds it necessary, and with bitcoin it is impossible.
Gold is mined, mined and mined. Perhaps in the world there is a finite amount of gold, but bitcoin is tied to mathematics and is regulated only by its rules.
119  Economy / Economics / Re: Bitcoin is an asset or currency. on: January 15, 2018, 10:32:56 PM

Bitcoin is not an asset at all, but a currency. Accordingly, you can not determine the value of the latter or invest in it, you can only determine the price of the currency and trade it.
Common to assets is that their cash flows can be assessed.
 The currency is a means of exchange, and is also used to estimate cash flows. By themselves, currencies do not generate cash flows and, therefore, their intrinsic value can not be determined. On the other hand, their prices can be compared with other currencies.
The price is determined by the ratio of supply and demand; this ratio can largely depend on the prevailing moods and trends prevailing in the market.
Bitcoin is a global digital currency.
Considering that the algorithm incorporated in it limits its emission, its high price will become fully justified.
120  Bitcoin / Bitcoin Discussion / Re: Decentralized vs Centralized cryptocurrency on: January 12, 2018, 01:26:32 PM
Blockchain is not necessary for banks, it is needed instead of banks. It is only needed for decentralized systems, while applications with a trusted party will always be more efficient, simple, etc. It is decentralization that is the only real reason for using blockade.
Existing and emerging block system systems are moving in the direction of even greater centralization, which inevitably leads to massive disappointment in the technology of Blockchain, since it is not required for centralized solutions. Most centralization risks can be eliminated if convenient and decentralized complete nodes, wallets and block reviewers .
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