There are now passwords, for wallets there private keys. And if you loose your private keys there is no way to recover them and your funds are lost forever.
private key or seeds need to be back up, then there are no issues at all. This is the number one rule for crypto, if you don't this, you are simply risking losing all your funds to black hole |
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I'm sure with that. Bitcoins are too complex for ordinary people - who do not have access to the technology of the times. Many people do not know about blockchain, bitcoin. So it is hard for bitcoin to become a worldwide currency. Bitcoins need to be introduced more on the media so that more people are aware of bitcoin and use it.
the point is that people don't need to understand blockchain in order to use bitcoin. Do you understand how internet banking for fiat money is actually working? I have absolutely no clue, but still am using it |
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This has been talked about on this forum. Roger Ver has been (supposedly) misleading newbies, making them believe that bitcoin cash is the real bitcoin: A group of cryptocurrency enthusiasts is considering filing a lawsuit against Bitcoin.com owner Roger Ver, claiming he deliberately misleads novice investors by exploiting newbies’ confusion between bitcoin and Bitcoin Cash, which forked off the original cryptocurrency in August 2017.
The potential class-action lawsuit is being organized by Twitter user @MoneyTrigz, who is the co-owner of Coindaily.co.
The lawsuit is being discussed in a Telegram chatroom called “Bitcoin.com lawsuit/victims,” which anyone can join. The chatroom already has more than 444 members, but it’s unclear how many of them will join the lawsuit.
Ver (also known as “Bitcoin Jesus”) was an early investor in bitcoin startups. He previously backed the original Bitcoin, but has since become an outspoken advocate of its derivative, Bitcoin Cash.
Critics: Ver Is Committing ‘Consumer Fraud’
According to Wallet Investor, Ver is deliberately misusing the “bitcoin” name on his website Bitcoin.com — a hub that sells bitcoin and bitcoin cash — to fool gullible investors into buying the wrong bitcoin.
“Considering the site is named Bitcoin.com and is also a hub for selling Bitcoin, Bitcoin Cash, and Cloud mining contracts, this could potentially deceive novice investors and newcomers into buying the wrong Bitcoin.”
....
In the lawsuit chatroom on Telegram, the consensus of cryptocurrency evangelists is that Ver is an unethical “scumbag” who deserves to be sued into oblivion.
One person wrote, “He can rot in hell for that. Will lose noobs’ money sending to wrong addresses. Hurting Bitcoin in the process.”
Another forum member wondered, “How is he allowed to get away with this?”
Still another person summed up the group’s collective sentiment, “I support this movement. Roger Ver is a scumbag.”
More info: https://btcmanager.com/bitcoin-jesus-roger-ver-may-be-sued-for-defrauding-bitcoin-investors/What do you think about? If he is finally sued and fined and/or put in jail again, I am not going to cry. yes, this is not how it should be, pretending that bch is bitcoin. I understand the advantages of bch, yet he's trying to protect the decomcracy and decentralization of cryptocurrencies while doing exactly the opposite, trying to hijack bitcoin.. |
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Now the price depends on the developers and their capabilities, will be able to add to other stock exchanges, the more popular price will go up .... If not, so will the whining of the psyches that the coin is fraudulent
Exactly, all depends on developers now, the product is being built, that is for sure. But I can't wait to see how gui wallet will look like. So far the UI they released in BE and node are really top notch! |
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Everyone in 2018 is talking about the potential of cryptocurrencies since the mysterious Satoshi Nakamoto released a nine-page paper explaining the technology in 2009.
All have their opinion about its approximate 743 percent gain in the past 12 months.
Here are statements from people considered as Richest 1%:
HOWARD SCHULTZ, Starbucks Corp. Chairman and Founder on 01/25/2018:
“I believe that we are heading into a new age in which blockchain technology is going to provide a significant level of a digital currency that is going to have a consumer application. And I believe that Starbucks is in a unique position to take advantage of that.”
WARREN BUFFETT, Chief executive officer, Berkshire Hathaway Inc. and billionaire investor on 10/29/2017:
“People get excited from big price movements, and Wall Street accommodates … You can’t value Bitcoin because it’s not a value-producing asset.” It's a “real bubble.”
PETER THIEL, Co-founder, PayPal and billionaire venture capitalist on 10/26/2017:
Bitcoin critics are “underestimating [it] … It's like a reserve form of money, it's like gold and it's just a store of value. You don't need to use it to make payments.”
BILL GATES, Co-founder, Microsoft Corp. on 10/02/2014:
“Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.”
By the way, What do you think about the Bitcoin?
Write what you think about bitcoin in comments. Let's see what people over here have to say about bitcoin.
as with everything, there are too many different opinions also on cryptocurrency. Usually I would say these people say whatever works for their personal interest the best. It's up to us, community members, to make bitcoin success  |
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As the popularity and value of Bitcoin increases so do its adoption. Recently, about 4,000 new ATMs were introduced in Argentina. A drastic transformation in this sphere is being brought by Tangem that is trying to make the cash like transaction through cryptocurrencies a possibility for the users. Tagem, a new smart banknote platform is launching the bitcoin banknotes in Singapore, which is known for its blockchain and crypto favorable regulatory measures. The notes will be on sale at the Megafash Suntec City store. The aim is to mass produce the physical notes of bitcoin in millions by the end of 2018. Continue reading: https://coingape.com/bitcoin-banknotes-ready-to-replace-traditional-currency/very good! this is exactly what is needed for cryptocurrencies to get closer to normal people. Get the services closer to them so they can get bitcoin and alts easily and get immersed in this cool tech |
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 In very immense change of the world of technology, we are now experiencing and utilizing the fruitful benefits of cryptocurrency like bitcoin in the market. Because of it, the world will become a cashless society using an Android and IOS app. It is not just an approximate investment, it is as well as helpful to others to earn money to survive in their everyday lives. Many believe and consider there be much more promising in day by day currency use. We can spend the cryptocurrency anywhere using the apps, through this payment solution, online purchases and business matters can be made. It is very helpful and very appealing to freelancers, miners, entrepreneurs, traders and developers. As cryptocurrency continues to mature, nurture and grow the spreading out of the audience using smart phones is not possible. People are looking forward for the affirmative and a lot more benefits of crypto currency not just at the moment but also in the near future. I believe in cryptocurrencies to be a future of payments without any doubts. It has everything that is takes in order to succeed and the governmental bodies still endorse crypto more and more |
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if you bought for 1 usd in 2011, then surely yes. If you bought for 20k in december and sold in march during the dip, then I guess not. So the answer is, it always depends...
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What can be the value of this coin until the end of the year ?
Today is $1.05 USD (10.35%) 0.00010541 BTC (7.89%)
For now it is still unclear if judging about the price, because BCA is still in bad exchanges like yobit, should the BCA team be able to propose to another exchange if it wants the price to go up. The price now seems to low and frankly this bitcoin atom has not been good like the early forks in bitcoins its just another copy whilst having some algo but it doesn't makes better. If Bitcoin Atom reallyh wants to be on the top they will be needing big people and a good movement. it's not true that bitcoin atom is the copy without efforts. They offered hybrid consensus straight from the start and they also made atomic swaps api working, which means that majority of work has been done. No other forks have that. Let's see how swaps wallet look, but this project is really of great potential, people shouldn't judge it only because of lack of hype... |
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It's still unclear whether the snapshot or the fork happened or not yet? I have been checking CoinMarketCap since you first made this thread but I see nothing there.
how is it unclear? it's written everywhere that the fork took place on block number 505 888... |
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good to hear that! keep going team, can't wait for gui toolkit |
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they were supposed to be added there, but it seems OKEx claimed to put them in listing queue and didn't provide updates ever since. I woud love to see them on some of the larger exchanges too. That would help its trading volume and price |
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Hi guys , I read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you should face , and its a win and win bet when you hold bitcoin . So knowing that some people selling their bitcoin I feel so sorry for them.
let the people panic and sell, we can at least buy more for cheaper prices it's the normal noob mistake, it's quite natural. But if they don't want to learn from the history, well it's their mistake |
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it is worth investment. I'm not sure how much it shaped the whole industry, but it did a lot of good, that is for sure. It was not unique project in terms of the services offered, as there already were similar platforms (NXT), but the execution is what matters. |
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in some countries like China it could be indeed considered as crime. However in wide majority of states it's not the problem at all, while in some countries it perfectly legal |
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The crypto currency recorded a decline during the first quarter of 2018. This condition contrasts with the year 2017 when the digital currency recorded a fantastic rally.
The movement of the crypto currency is very volatile, driven by the flow of news and rapid changes related to investor sentiment. In 2017, the Bitcoin trend for example, has pushed the price up 1.375%. This year on the contrary, the price is swooping.
The positive news for crypto currency, especially bitcoin comes from a company called Lightning Labs, which released Lightning Network, a program that allows users to establish dedicated payment channels that operate in parallel with the main bitcoin network. This product is seen as one possible way to help increase the capacity of bitcoin transactions, which remains a major constraint to its growth.
In addition, in March, Jack Dorsey, CEO of Inc. and Square Inc. Inc., told the Times of London he expects bitcoin to be the global single currency in 10 years.
Despite the sharp decline this year, investors who have had bitcoin since early 2016 have enjoyed a nearly 650% increase.
and investors from 2010 enjoy infinity ROI  this is just about the patience and focusing on the things that really matter, which is the mass adoption of cyrptocurrencies. |
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Hahaha is this the most dead coin ever?  Imagine how it must feel to have bought this thing.. the coin is sure not dead. They keep pushing the updates in wallet, it seems atomic swaps in qt will be released in April, which will be really great achievement. Then you will feel sorry you missed it Why do you think Atomic Swap is so important? It is good for coin, which is widely used, for coin without any activity, it is totally useless It's not because Bitcoin Atom will be the first coin with such functionality that is actually usable. Suppose now you want to exchange between LTC and BTC without middlman, so you go and sell your LTC for BCA through Atomic Swaps and then sell your BCA for BTC. Suppose what traction that will bring to BCA... |
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Guys I have been trying to find a resourceful website collecting info on ICO investments, as I've been investing in few ICOs lately and what I found didn't really satisfy me. There are websites giving the list of ICOs but mostly they don't keep the data up to date and don't provide the necessary guides on how to invest in terms and regulatory stuff etc. And majority of those webs just seem to be getting paid from actual ICOs to increase their ratings, which is simple business model but deluding us investors.
Therefore I would like create such place where the community could really find helpful reviews and resources on each ICO without any manipulation etc. I have some ideas in my head but I'm not a programmer. If somebody is interested I would be really glad to hear some fresh ideas and possibly partner up for this project. Or just share your ideas how to achieve something like this so I know what community is missing in this area to provide some added value for ICO investors.
Thanks for your feedback, it's really appreciated.
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Hahaha is this the most dead coin ever? Imagine how it must feel to have bought this thing.. the coin is sure not dead. They keep pushing the updates in wallet, it seems atomic swaps in qt will be released in April, which will be really great achievement. Then you will feel sorry you missed it |
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Last time I checked price were at around $16 per BCA. It really shocked me when few minutes ago I tried to see how this market is performing. This is what happens when there is no support from big exchanges and you can't relay on small exchanges. What one can expect now from this without liquidity this decline won't stop in future too.
yes this is absolutely right. small exchanges are not doing any good for this type of project, Atom needs some large exchanges with active buyers, because the miners need to sell some coins to pay electricity bills and small exchanges can't handle that. |
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