In my knowledge,you can use different wallet addresses if you want and you can use it to send and recieve bitcoins. Ofcourse,you need to keep your password and private key secret don't share it to other,so that nobody can stole coins in your wallet. Make it safe and secure. Don't trust to anyone. Only the address you can send to other's so that they can send you some bitcoins if you wish and you can recieve in return.
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Considering a bitcoin owner of large amount, and he died w/o sharing his user/pw, Are those coins can be considered as deadcoin since those coins will not circulate anymore in the Network?
I think if that coins remains on the owners wallet and nobody can claim maybe it will considered as deadcoins. Because it doesn't contribute anything in the market. It lessen the supply of bitcoin that can bring the bitcoin price to increase if the demand is higher.
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If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
I think a lot of people still can't buy 1bitcoin even the price goes down to $4000. But they can buy only what they have in their wallet that they can also afford to lose.$4000,$6000,even more,is good for those who can afford to buy because time will come they can earn more profit. Investing is risky but if you have courage to invest it gives you huge profit.
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Erik Finman,a 19 year old millionaire is a good testimony to every bitcoiner that if you believe and invest in bitcoin there is a good outcome. Like what he did,he tried to convince as many as he can to trust into bitcoin for bringing his life into a good future. It is not impossible to happen for everyone.
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I think bitcoin price are quite stable as of now. And i think it just wait the right timing to boost its price to the higher point. We need to have more patience,we are on the way to the another success of bitcoin. We will see that after fluctuation,the bitcoin demand getting higher again even slowly but it shows that bitcoin is still in demand and many people still believe on it.
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i do really need help, can anyone can give me instruction how to join campaign/bounty. im stock in putting avatar and codes. thanks for those who will help me. thank you so much godbless You should rank up first to full member before you can put avatar but you can wear signature codes. I think you need to read more about the rules here in forum to learn more. And i want you to know,it is not easy to rank up,you need more activity together with merit. It helps if you post with quality to have a merit award that can push you to rank up
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There is no single authority that control bitcoin because it is decentralized in system. If government regulate bitcoin maybe there is a little changes in every transaction,you need to pay taxes but it is not easy to implement. Still i believe bitcoin will continue its popularity as long as there is a community that support bitcoin in crypto world.
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I think next month bitcoin will recover from the past big drop. Actually it is slowly rising now ,so hoping it will now continue to climb back to higher price again. Always have patience to wait even we really don't know the exact time and we only have speculations and predictions.
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I think bitcoin will not become a daily currency because of it's volatility and being decentralized. You also consider the use of internet for every transaction together with higher fees. You can use bitcoin as payments for electric bills and loads but not at all. You always need fiat money to buy your needs because it is easy to access transactions and i think cryptocurrency is just usefull for online transaction and it is impossible to be a daily currency.
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That is a good news. From negative views about some government and banks now it turns into possitive which is really good because it will help to boost up the crypto community. And it will also minimize doubt and fear for bitcoiners. Hope more country will accept the new generations job and enter also in crypto world.
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It is a good analogy. Bitcoin is like a cup of sand,while the sand is continuesly bought untill it is running out the price of it become expensive because it has only one cup of sand and limited for the buyer. Bitcoin become more expensive if the demand continue to grow while the bitcoin is almost mined and limited to 21million. But bitcoin and gold is different in usage even they are both valuable. This two are need by the people in different ways.
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Ofcourse everything you can do buying or selling is all your own descision. Even how to learn about crypto and how to accept it ,is all your descision. Entering in cryptoworld is all your descision. No one can hold your descision. You are the only one that is responsible for yourself. For better or worse,to gain or lose it is all your descision.
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It is really good and being wise if you have enough knowledge before investing in bitcoin even in other coins. Because it is risky,you need to learn more about many things in crypto world and about the bitcoin technology. You must know the advantages and disadvantages of investing. You should also invest only the amount that you can afford to lose.
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Bitcoin is verry unpredictable. All we have is just speculation of what will be the future of bitcoin. But if ever it will happen to bitcoin to have $1 trillion dollar market cap is really a good news to everyone.
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Not this month it is impossible to hit $20000. It is just the starting climb of bitcoin. Maybe within this year and we all hoping after a big crash that bitcoin will become more valuable more than the value before. All we can do now is still have patience to wait what will happen to bitcoin this coming days. And while waiting let us continue to learn more about everything in crypto so that we can have more knowledge about it.
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Just look at the one characteristics of bitcoin,the Volatility. And then just flashback the bitcoin price from the beginning. You will see that flactuation in bitcoin price is normal. Maybe next month it will rapidly rise,nobody knows,but the only thing i believe ,2018 is just the beginning of bitcoin prosperity and not the downfall.
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Yes,you should purchase bitcoin now while price is getting lower because we really dont know,maybe sooner or later price will climb back again. Bitcoin price is volatile and it changed rapidly. So,don't waste your time just looking at the price,do your moves,buy now then hold and invest in bitcoin to gain more profit someday.
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Yes it is good to save bitcoin,hold it for a long term because bitcoin will grow and grow in the market and time will come the bitcoin price increase again. So,keep on holding now. The drop of bitcoin now is just temporary. Bitcoin is still valuable inspite of price drop and i believe holding of bitcoin is the best way now to gain more profit in the future.
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Private key is your access to open your wallet,if you lose it you can't open your wallet,then you can't get also your coins or tokens inside it. You will lost everything that you have in your wallet. But don't worry your coins are still remain in your wallet unless the hacker get it. So,be carefull enough,secure your password and private key. Only you ,can make your wealth safe.
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Bitcoin popularity is not just based on the price. Bitcoin is volatile,changeable,it's price rapidly change which is normal in the market. Popularity of bitcoin is based on the acceptance of the community. Even there are many altcoins rising you still need bitcoin,you need to convert it into bitcoin before you can exchange it into fiat or local money. So,it means bitcoin price go down but not loses it's popularity.
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