My questions is not on the technical side, since obviously you can create an address in a very much anonymous way. However, when it comes to spending it or convert it into fiat or even when spending it on a legit shop online you have to leave an identity trace. I know that with small transactions is fine, under the radar basically, but what happens with significant ammounts? I am asking this because I intend to become rich in 4 or 5 weeks  Base on my knowledge bitcoin is half anonymous and a half, not anonymous. How I can say it because of the address is like a Quick Response Code "QR Code" if you scan the QR code it will appear the cost or meaning inside the QR code. You don’t know who person but if you already study or trace it, you will know whose person use that address. But the problem only a few people have the skill or knowledge scanning the crypto address. |
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It is said now China is a cashless society. Use of debit and credit cards in shops/stores, online pay bills, shopping online.
Money earned from the internet is known as digital/electronic money. People who earn money from the internet, they get paid money in electronic form by payment processors such as skrill, perfectmoney, alipay, paypal, bank-wire transfers because online workers are worldwide.
Last month, I got $20 from online surveys. The money was sent to my bank account via online payment processor. Now if I buy 2 shirts using debit cards at offline or online stores, there is no cash involved but I have 2 shirts.
Bitcoin is a part of digital money. How is digital money is your country ??
In our country. Sometimes blackout or out of current. Poor internet connection and the few people are known the digital currency, and few stores accept the bitcoin as a form of payment. Too far on China. Base on my observation people mostly uses the credit and debit card mainly in the mall. Cashless but with use of the said cards. Speaking of digital currency,, only a few stores accept the bitcoin as a form of payment. Our place is not having modern technology. I wish our government takes time to update the internet connection. |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
Unquestionably Yes, because the value of all the crypto or even the what product it base on the demand on the market. If the demand drops it will result in the drop the value, and here comes the panic sell. Those people do the panic selling they are not satisfied, and they don't believe in the ability of crypto. It is better to lose more than to give up your investment in the crypto. |
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It seems as though there is a predominant attitude about people trying to do business that most people are scammers. We have run into this time and time again, accusing us of running "dirty" money or stolen goods.
We put ads or offers in various places saying "vetted buyer" and "respected escrow" and still get negative comments from people that don't even want to do business. They would just rather demean and abase and not add any positive thoughts.
I will say that we have had pretty good success in spite of the naysayers. Doing business in this way is new to most people and seems foreign. But we have plodded through and have achieved a success that has proved that not all are wrong.
There are people all over that are looking for honest services, and we have carved a niche for that entity. We know that there are scammers out there, but we are working to elevate us to a position of reknown.
Not all offers are scams!
Scammer, Hacker, Thief, Crab mentality this four for me is almost the same. People do this four activities because of the money. All people want money, but they do the terrible doings to earn money. Mostly if there is money related we should be careful, we don't know how we will scam and when we scam Never send a payment to a person you've only met online. |
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What do you think about this possibility ? Would you invest in your government currency ?
I am willing to invest if the government create their own coins. This will be exciting because it will not be an illegal one. I think they will use the address, but they have a list all the person behind the address to quickly identify the person and to add income taxes to those earn on it. The government will use the bank to be accessible to the people. |
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It appears the market started recovering today from one of the worse long-lasted corrections in bitcoin history. The bitcoin now secure the 45% of the cryptocurrency market dominance. what you have to say about that?  The market started looking red today. When you visit the https://coinmarketcap.com/, you will bloody market. To those want to start on the trading this take this opportunity to buy coins. Later when the market becomes a forest I mean green, you can earn on it. Trading is a waiting game you need to monitor and wait the signal, and you make money at the end. |
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How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
Sorry! I don't understand your question. You mean how much would you make as first amount in investment? Your first amount of earning came from the investment it depends on the value when you sell it and buy the coins. I think if you hold it for only a one months I guess you just can earn profits 1-5% or maybe lose your capital in the investment. But, if you hold it for an extended period of 2-3 years. I think you can earn it double your money. |
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How many idiots who decided to invest in bitcoin!!!!!!!
It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....
In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.
This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.
So began a process of growth needs the infusion of more money.... They're gone.
I think the joy of endless growth to an end this weekend.
Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....
People are not foolish they want to make money while sleeping. I don’t see anything wrong with investing on the bitcoin. People are investing their money in bitcoin or another kind of investment because they want to earn more income, or they want the second source of income. I know before they invest on the bitcoin or another kind of investment they know the obligation to how to earn a profit on it. Investing on the bitcoin has fantastic income everyone knows that. |
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I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?
Do you love your opponent? Do you think banks will love the cryptocurrencies? Cryptocurrencies are their opponent. Why cryptocurrencies, because time will the mind of people change. They will put to save their money on the cryptocurrencies because of the ability to increase their funds. The transaction of the bitcoin is less charge more than to the banks. Bitcoin will replace them and take away their clients. |
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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 !  Mining is worth it if you mine altcoins. Mining bitcoin also worth it but the problem is it will take an extended period before you collect one bitcoin. Doing mining is very complicated because it requires lots of preparation such as hardware. Mining rig hardware is too expensive. The area where you put the mining rig. Ming rig requires a cold place because it produce hit. The electricity is the one will your major problem if you build it, you need a solar panel to reduce the electricity bills. |
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Why, until now, government all over the world still doesn't trust bitcoin?
Why until now there are still people, don’t see the bright help of the bitcoin and why there are allot of scammer? By the way. The government is still don’t trust the bitcoin, or we can say all the cryptocurrency because they do not accept the real help of the new generation of currency. I think the main problem why the government allows them because of the decentralized design of the bitcoin. They don’t have a control on it and too hard to them to trace the person because the coins are using the called address. |
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In future will the banks be able to exchange bitcoins?
Now we are exchanging from traders...but when (if) the popularity of bitcoin increase a lot then the traders will not be able to exchange such amount of bitcoins...so what about the future of bitcoin?
Not all banks able to exchange the bitcoin. We need to grow the popularity of store accepting the bitcoin, so we don’t need to exchange on the banks. It could happen if government allow the bitcoin and if the company adopted the bitcoin scheme. I believe that popularity of the bitcoin or even the eth is getting popular. In the future, we can spend it. Regarding our future in the bitcoin. I only can say that doesn’t stop to trust bitcoin. Time will come we can be wealth and We able to spend our bitcoin collection all over the world. |
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So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?
I will explain banks first why they are scared on the bitcoin. The reason the bitcoin is the only they competitors. Which one you will put your money. On the banks that can only increase your money 5% per years, or on the bitcoin that can raise your cash 50% only on the few months but there is a chance to lose your funds. If you ask me, Will put my money on the bitcoin, because of the opportunity to increase my cash, to avoid losing it you can monitor the value chart anytime. Government scared on the bitcoin because bitcoin can be a tool to do criminal activities and they easy trace the person behind the crime. |
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In the G20,approval of the Bitcoin is 15 countries,more than the half,
in this view,we still have the faith in Bitcoin,
at the moment,maybe someone said the death of Bitcoin is in the China,because the China is the only one who makes Bitcoin illegal,
So,the death of the bitcoin will come ture ?
what is your predict about the future of the bitcoin?
Its a regular thing to the people to predict by using the past information and collecting the possible happen on the bitcoin. If you remember this always say to young, it is free to dream. If it is free to dream it also free to predict. It still thinks a possible one more than to negative one. We have future on the bitcoin, But our future on the bitcoin you are the one will create it you can rely on the bitcoin. |
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Actually i want to know when we earn btc how can we get it to cash . Is there any secure website or something
What kind of cash? USD, Euro, Qatari Riyal, Yen, Php? Because it will depend on your country you from. I don’t what kind of money you must prepare. The only I know is the https://localbitcoins.com is the help you to convert your bitcoin into cash "fiat." It is friendly and easy to us. I don’t know how much the chargers, you will it later if you try it. If your country has an available wallet it easy to you to convert it. |
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I think if bitcoin rose quite steadily and slowly people wouldn't look at the best cryptocurrency with an "evil eye". Going forward, do you think a slow steady rise, rather than a speedy erratic rise is good for bitcoin to get "accepted" all over the world? The sudden rise seems to scare people and governments.
For me, I am satisfied with how bitcoin value movement because we all know the bitcoin is such volatility. Imagine if the progress of the value of bitcoin is too slow in increasing and decreasing the cost it will be boring and accessible to us. Remember panic buying or even selling have an excellent effect on others holder that waiting for the value increase. If the slow movement can result in a stagnant population of the bitcoin |
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Greetings! I am planning to invest $5,000 in cryptocurrency but I do not know how to invest. And where should I invest? - in Bitcoin, in alternate cryptocurrency, or in ICO? I’m asking for an investment strategy for professional traders or investors out there.
In the investment in cryptocurrency, don’t on focus on single coins, you should spend your fiat not really to avoid making sure that you have an extra. You should have to plan. The first one is to hold your bitcoin or your major coin. The second plan is to spend your remains funds altcoin. It is better if you will study very well the trading. Trading is a good option. If you want is fun and faster. You can do the gambling if you're want to lose or win you a small number of funds. |
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The current "crash" is caused by one bad "news" after another. A lot of them are the false or twisted truth.
For example, today, once again "China Full ban crypto". What the... Why is it causing another crash?? Why is it even "news"?
It was already banned in China back in September 2017. All trading platforms suspended trading in September. Anyone from China who still trade Crypto must be using foreign platforms. Sure, they reported that China added all crypto exchange sites to Great FireWall. So what? These people have VPNs! When I was in China, everyone who visits foreign sites use VPNs. Yes, China banned VPN as well a long time ago. So what? Everyone is still using it. Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth! Just because it is "illegal", does not mean no one will do it.
So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times). Do not fall for it!
1. Summer 2017, China banned ICO.
2. September 2017, China banned crypto trading.
3. November or December? China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4. January 2018. China banned websites of foreign crypto exchanges. (VPN!!!)
5. Today, "China Full Ban Crypto"... (Really?)
So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"[IMG]
"China will jail anyone who trades crypto"[IMG]
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"[IMG]??
Stop spreading this nonsense. What's done was already done in September 2017. Nothing has changed ever since. NOTHING really changed in the last 4~5 months.
Yellow journalism at its best.
Same goes for Korean and Indian news. South Korea did not really ban crypto. Just one guy wanted to ban it. It was not approved, nor implemented. So far they have only added regulations that people can no longer trade anonymously. So what? Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?
India also did not ban crypto. Just a minister made some unfriendly speech toward crypto. No real "ban" whatsoever.
From the look of it, someone or some groups are trying hard to make the prices go down. The sad thing is, people are falling for it. The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened. Korean news was used on at least 2 occasions.
The bottom line is, let's just ignore all the stupid "news". Use our brains. Not hearsay from yellow journalism. It is getting annoying to have every little "news" to impact the market price.
There is a lot of fake news everywhere not only on the social media. A mostly counterfeit friend is granted. The phony news is a trend on this year. Fake new are by anti cryptocurrency they want to stop the popularity of the cryptocurrency. We should not easily avoid them and don't focus on that. Fake is not a trap for us to be panic on selling or buying their coins. BE wise and keep your eye on the true happen on the cryptocurrency. |
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This guy has lost 103 bitcoins he mined back in 2011 and then lost his wallet dat file similar to what I have done but wow this guy must be gutted the amount of money he has lost compared to me His Address 166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL Final Balance 103.20832384 BTC So many people have the same problem and I wonder just how much Bitcoin is stuck not being able to be used  He says "I used to mine Bitcoin back in 2011 and I lost my wallet.dat file (through several stupid moves on my part). It's got approx 103 BTC in it, anyone is welcome to it, I've given up trying." Unbelievable 103 bitcoin I hate this person. I think this guy is careless or don’t believe the bitcoin can reach the moon. Why this person doesn’t secure his bitcoin first. Losing 103 bitcoin too hard to think it will take a long year before you to move on. As holder and trader of the bitcoin, we should learn his mistake. Every one of us has a chance to lose. The best part of getting lost is to find yourself in a comfortable situation. |
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