How is the value of a cryptocurrency determined and where can we see it? suggest some interesting ICO investments that you came across...

Hey everyone I have heard newbies and other people asking about how safe is the Bitcoins and it's transactions well I think it will be beneficial to have a little discussion on this .

First of all if you own a bank account in a good bank then you should know that its very hard to hack one's bank account, it's almost impossible unless done due to personal flaws, like sharing your key or bank account details or something , you know the system behind Bitcoins and the system behind banking system is same .
Something by the name of cryptography whose Advance form is block chain . It's a complex code involving complex mathematics and the transactions are only completed through very complex and complicated steps impossible to penetrate.
For Bitcoins the same thing operates but with no intervening part or whatsoever , it's p2p direct transactions and this is even more secure and private.

The reason why you hear news like :- someone got their Bitcoins stolen or something is because they have personal flaws , they shared the private keys or the password with someone else..or they used a bad wallet.

It's on you how safe you make it .

Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?

Lets give our own opinions in this thread and let's see what are the visions of any users here on forum on what are the things than can affect bitcoin community and value to improve more

So i'm the maker of this thread i'm the first who gives opinion here.
My opinions are:
- Spreading good informations about bitcoin can make it improve.
- If big business will accepts bitcoin or enter bitcoin industry can improve our community because the more investors the more blessings to come
- Helping newbie investors to prevent scams can help our community because if they see bitcoin in their first invest are scam they would lose their trust in this kind of investment so as soon as possible help newbies to start in bitcoin journey.

These are my opinions on how to improve Bitcoin community so what's yours?

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

I think it would be fun to have some kind of an idea about why people are in on the 'crypto-wave'. Let me be clear, that there is no right or wrong answers and both are good and none are 'better'..
Is it entirely because of the money that can be gained from the potential price increases, or is it because you believe in the tech? Maybe you do not believe in the BTC but other cryptos, that counts as well for 'believing in the tech'.
If you do not know whether you believe in it or not, you have not read enough about it, and then you are in because of potential gains.

I personally do not care at all about the reason, and there is not one of the two which are morally 'best'. It is completely okay to invest from the only belief and hope, that the money invested will become more worth. I just think it is fun to see

I was wondering, if you had an opportunity to sell your stuff alike cars, pc, homethings and etc., would you sell it for bitcoin (or maybe other altcoin)? The main question is to see, are you ready trade stuff for cryptocurrencies and how do you imagine it?

To the surprise of nobody, Warren Buffett isn’t interested in Bitcoin at all.
Warren’s strategy is to have an adequate but consistent return over a long period of time.
The key is that he knows he will be rich someday, but he is not in a hurry.
In cryptocurrency world, it is not possible to make a position and forget it for x number of years. Hence, it does not fit Warren’s style.
So what is your opinion?

There was a news about getting job in cryptocurrency . If you can not make enough money in different cryptocurrency and you think it can not fit your daily income.
Maybe you end up getting an actual job especially for those who have a family that depends on them.
I read about this news about Cryptoconomy offers a job opportunities with no qualifications necessary.
Try to look at this news  if you want.

https://news.bitcoin.com/how-to-get-a-cryptocurrency-job/?utm_source=Bitcoin.com+Subscribers&utm_campaign=7e9d8e50e8-Daily+Newsletter&utm_medium=email&utm_term=0_ea978414cb-7e9d8e50e8-216294061&goal=0_ea978414cb-7e9d8e50e8-216294061&mc_cid=7e9d8e50e8&mc_eid=96ac46ed19

But there is a question in my mind. What if you dont have enough skills and knowledge about cryptocurrency. And i am one of them..

Hello guys, I have a friend who told me about BITCOIN MINING.

What do you think? Is it worth it ? Buying Hardwares / Mining Rigs and plus the TIME to be consume.
I'm not even familiar with it , so I'm probably asking for advice on for those old miners.

Electricity here in PH is so expensive. Do you have some tips and tricks?

Thanks in advance guys ! 

For a long time, now the political elite and the leaders of the Vatican have been looking for a world government and currency,

I do believe that bitcoin is a part of financial future and great way to become an investor, but I have doubts that it can possibly replace traditional money or become world currency.

What are the possibilities and stopovers??

Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.

I know all of us just want to make our fellow humans to make them rich, but don't you ever think if all of us are rich then who would want to work for us? And everyone will be lazy. Do you really want all of the people to get rich? Except if humans finally builds a complete operational AI Robot that could do all the work for us.

Why, until now, government all over the world still doesn't trust bitcoin?

Bitcoin isn't claimed by anybody. Anybody can utilize it, yet there isn't an organization that is accountable for it. Bitcoin transactions are irreversible. This implies nobody, including banks, or governments can square you from sending or accepting bitcoins with any other individual, anyplace on the planet. With this flexibility comes the colossal obligation of not having any focal expert to whine to if something turns out badly. Much the same as physical cash, don't give outsiders a chance to hold your bitcoins for you, and don't send them to dishonest individuals online.

Ga ada yang bs jamin jg sih bounty mana yang bagus. Yang diharapkan malah scam dan yang ga diduga malah sukses. Bagi saya pribadi bounty yang bagus adalah jika komunitas nya solid. Biasanya harga nya akan stabil bgitu masuk market..

This is possible, but only on condition that you know the course, and bought bitcoins in 2011. And in other situations, the risk of losing everything remains.

For me i think it's not the end of bitcoin.As you can see the value of bitcoin is volatile or changeable as long as many investor and traders using this kind of crypto the bitcoin will never be end.Don't think negative thoughts think positively that will be the price of bitcoin will pump high and high and it will be last longer.

Strongly agree with your opinion, let alone for the 5 years back that they would have gotten what has become dream, which 2 years ago I predicted they also have a lot to enjoy, especially for accounts that already sr. member upwards.
but it is never too late to join and sustenance is waiting and no one knows

do you think that Bitcoin will be used as a means of payment for all mankind? And what about the old people and children who will be very hard to use Bitcoin because of the lack of certain knowledge and capabilities?