Accepted. PM me with your post count when you have applied the signature. Signature applied starts from post number (this post): 680
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Hey guys, I am an NRI with an SBI NRO bank account that contains funds.
I want to send these funds to Canada, but I've heard the fees are too much to do this.
I was considering doing this with Bitcoin by buying BTC on an Indian Exchange and then selling them on a Canadian Exchange.
Does anyone have any experience, knowledge, or advice on this matter?
Check the current price of bitcoin in the canada's exchange. Because currently there is difference of 83000 INR in Indian exchanges and International exchanges. In terms of dollars you could see this as 1161.538461538 or 1000 USD (price calculated with USD at 65INR). Now check how much fees or transaction charges you need to pay if you go by traditional way and how much time is require. Purchasing bitcoin from the exchange is not so easy and is time-consuming process. Many times transactions get stuck (not the bitcoin transaction) and takes time to transfer money from bank to the exchange account. One thing that may work is if you find a person who already has some bitcoin at reasonable price and ready to sell them to you. Then you could take advantage of that situation and save time.
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dont know if aliens are already exist, but i know there is something in the space what we cant find yet
There is quite good chance of aliens happens to exist. There are many incidents of people who have captured the photographs (original) and many group(villagers) have witnessed the UFO(aliens) in group. There must be some truth in all this. besides who knows life can happen without water or oxygen for other animals. There are so many theories that some say that we current form of human being on this earth are cross between aliens and earlier human beings. Some claims that human were used as slaves to dig up the gold from earth(sumerian civilization).
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Hello I'm newbie. I just curious if someone can open my wallet by known my address?
It's safe to post address like this one 172jHZ1o61FUKb2uo1xs231HdV43qBWaKf
Please tell me the risk by posting address
First thing first, is it your desktop wallet or web-based wallet or what? If it is a desktop-wallet then its private and public keys must be with you. Hopefully these keys are encrypted. Then only way to open your wallet is use correct passphrase along with those keys. If private key is missing then say bye bye to your coins. No way to recover it. If your wallet is third-party web-based then contact the customer care of your wallet-holding company. In these kind of scenarios, the private keys are with the company hosting the wallet. About the posting address in public, it is tentatively safe. It is not possible to decrypt your wallet just by seeing its public address. So far you are safe in posting it on forum.
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The way Bitcoin is flying now will other coin ever meet with it
There is no way to happen that at least in near future. The gap between the bitcoin and ethereum was not so big last couple of years ago. However since last two year that gap has increased so much that it is very difficult for ethereum to reach the half way of that. Currently bitcoin is at ~1000 USD mark (9700 to 9555 USD) range. Whereas Ethereum is at 475 USD. Interestingly widely criticized bitcoin-cash has managed to reach ~1600USD range in few weeks from 300USD mark. THough this raise has been observed from the specific countries investment. But still ethereum is finding it difficult to break that 1000 USD barrier so far. One that is in favor of ethereum and that is the market capital it has. It is second largest market capital next to bitcoin. Other coins have less than half of its market capital. This indicates confidence of investors in it.
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Accepted, rest all denied. We are now FULL. Atriz, any specific reason for my denial. I've worked with you for two signature campaigns and my posts are of good quality. Posts only in economics, better members available. Thanks for clarification. I'll start posting in other sections as well. So next time there wont be a problem.
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Bitcoin Talk Name: lordquanta Bitcoin Talk Profile: https://bitcointalk.org/index.php?action=profile;u=925500;sa=summaryRank: Senior Member Post Count (including this post): 666 BTC Address: 1AeivF9LmphsczJqY3H9tpAQKSAD8qKn2A ETH Address: 0x8752bb3B97d40Df80398E9864F34F80D80f3c646 I'll change the personal message, avatar, signature upon acceptance.
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Accepted, rest all denied. We are now FULL. Atriz, any specific reason for my denial. I've worked with you for two signature campaigns and my posts are of good quality.
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Bitcoin is different things just like gold , it act like asset but bitcoin has advantage like fiat. When bitcoin being created , it's make a revolution as digital transaction like never before so people's enthusiasm on bitcoin is very high just take a look at the moment, bitcoin almost reach $ 10.000
This is partly correct. As bitcoin was conceived as a currency however over the period of time it became asset. And what an asset it has become! Still I think for bigger amounts and inter countries. Bitcoin is still considered as revolutionary. It is just that many people are joining bitcoin community everyday. The profit margin are favorable to the new joining people as well. Recently bitcoin jumped over the 9000 USD barrier and it is still going stronger. Currently it is 220USD short of 10000 mark. However this volatility is what causing problem in acceptance in trade. Nobody likes a currency whose value is immensely volatile. In case of bitcoin any receiver of bitcoin is trade is the happiest person. Because whatever amount he received in trade has now doubled so far.
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A global currency is the great way to rule the trade world. That is why we see there are countries fighting(not literal war) with each other for dominance over global currency status. The countries like USA or EURO or China have their currencies which have acceptance across the world. In current world trade scenario, US dollars single handedly most significant global currency. It has maintained that status since last century. In modern world, a revolution named bitcoin happened in world of economics/ currency. Now bitcoin is already on its way to become the global currency. However it is that path is way more long that expected. Bitcoin has the required potential and the push from investors to become the global currency. Still there are certain cons which bitcoin developers need to take care.
What do you think the pros and cons of bitcoin becoming global currency compared to the USD which is already there.
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I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
Not exactly. Countries who have banned the cryptocurrencies have different reason for banning them. Some of them banned the cryptocurrency-IPOs and not the crypto currency trading. Lately Because IPO have turned into the easy way of raising money and vanish with it in thin air. Thus as precaution against such practice many govt banned the IPOs. Out of ~194 countries in this world only 5-6 countries have banned the cryptocurrencies in totality. Rest of countries are recognizing the bitcoin and crypto in one way or other. That is some countries have recognized it as form of wealth, digital wealth, asset and so on. According to the recognition tax is levied on it. If government is collecting tax on something that means government has recognized it. And it is not illegal. Bitcoin is helpful for transferring the money from one country to other country easily. For that matter with further development there will be more efficiency in the bitcoin transaction.
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Don't try to build a mining farm if you really want to earn bitcoin then much better if you are going to trade that or invest that into bitcoin hold them waiting for the price increase once it increase sell wait for the price again to be decrease then buy simple but make sense. It is better off to build and operate the bitcoin mining farm with 2mils in hand than getting into trading. One wrong move and suddenly you and your 2mils are no longer together. From the safe side it is better to buy bitcoins from 2mils and HODL for really long time. No danger or loss. With mining if OP has nack for technical aspect of mining then it could be profitable. Factors that matter are area where he want to build and operate the farm of miners. Because electricity is not cheap when it comes to mining. The electricity is required not only for running the rig but for running ventilation/cooling as well. Thus compared to the trading mining is on safer side. Best option is HODL though.
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I'm not sure about that, it does not mean with the existence of bitcoin cash will be extinct. Why is that? because it is not easy to replace the important role of cash in this world even if replaced with bitcoin or non-cash because all walks of life use cash as a tool to transact in daily life. and many people still do not understand how to use bitcoin or non-cash money
Bitcoin is now the most popular currency in the world and people love to invest and earn bitcoin but one point made in mind that what will happen to cash? According to me cash will not be extinct because cash have its own importance in life and a lot of people life is dependent to cash only. Bitcoin is NOT most popular currency in the world. Most popular currency is still USD. However most profitable currency in todays world is the Bitcoin. No doubt about that. Just because more and more people are investing in bitcoin does not make it powerful enough to compete with existing fiat currency. Today printing and maintaining the cash is less cost effective for governments and banks as well. Thus more and more govt and banks are thinking about cashless society or cashless economy. Indeed the cash has its all benefits thus it will remain significant for considerable amount of time. Chances are that people will move more towards the cashless society slowly. The ration of cash to cashless will become 2:98. 100% cashless may take awhile.
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I think it depends on the kid if he/she prepared to learn how to have conserving using this bitcoin. Its helful for that kid and thier future and my boy's future as well. I'll teach them how to use this bitcoin.
In addition to that they will learn a thing about the how new revolutionary technologies have changed things in past. Thus they should look for those opportunities in future as well. Thinking out side the box and appreciating any idea which may be unconventional but has potential. Indeed children will learn from the example of their father or mother or grandparents that because they purchased bitcoin and hold them long. This saving move helped them to garner a fortune over the period of time. Thus they will also learn and love to save. In countries where saving is not seen as rather productive way of life, and most of people depend on debt based lifestyle like credit-cards will find it difficult to realize the gravity.
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Honestly I hated forks. I think making alts are very unhealthy. It is for a good purpose but I think the creation of different coins can lead to more crime other than the saturation it causes. Another thing is that, I think after the big FUD about the dump of BTC many will hate Bcash more. So, still there is more to wait on Bcash update. If it will be existing still or not.
Irrespective of whether it is bubble or not, many investors don't bother about the underline coin. As happens with many successful thing bitcoin has cult following now. People who thinks invest only in bitcoin. Sure, bitcoin has proved itself from time to time that it is numero uno when it comes to the returning great profit on investments. However nowadays that many people find investing in bitcoin as missed train Or sour grapes. For someone who don't have enough decent money to invest in bitcoin, other alternative currencies are the only option. Coming back to the bitcoin cash, recent pump in the price was observed as efforts from the korean market. you could find the details from googling it as well. Recently out of sudden bitcoin gold is also finding more interested buyer or investors. Why these are still affordables. Ethereum and bitcoin cash were almost at same rate few weeks ago. And they were there like months. Suddenly bitcoin cash went from 300 dollars club to 100 dollar to 1600 dollars club. Bitcoin gold is also following same but that boat lacks wind at this moment. Point here is are you devotee of bitcoin or are you here in cryptoworld for making profit? If you are here for profit then seize any opportunities when it is there. For devotees, they will stay with bitcoin and that will cause no harm to them. Its individuals choice. If someone sees more confidence in bitcoin getting stronger will invest in bitcoin.
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Do you think bitcoin gold value will rise to bitcoin value
No coin came from fork would able to increase its value even on the half price of bitcoin.Going back in previous months on where Bitcoin cash did go out. We did able to see the sudden increase on its price but it do only managed to hit the ath of $1k usd and then suddenly dip its price and now it stabilizes and now talking on the bitcoin gold situation it is almost striving to live out.Just like what being mentioned above Today bitcoin cash is standing around 1664 USD. Considering the rally was started two months ago, it has already surpassed it ATH. Majority of this rally is effect from the korean market though. Nonetheless people who are under impression that bitcoin is a missed train for them are now focusing on bitcoin cash. When bitcoin cash will touch 2000 to 4000 dollars(I dont know whether that will ever happen or not) people will start to look at bitcoin gold as next big thing. It is plausible from that way. So even if bitcoin gold might not be able to scale the bitcoin value, you could store few dollars/cents at this stage in it. May be in future those dollars and cents will worth better.
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In fact, the electricity shortage has local character. There are regions in which a large surplus of electricity. The problem is that it is expensive to transmit over long distances. Can be ever going to remember about the invention of Tesla? But first, I think that farm mining will move to surplus regions where there are renewable sources of energy.
Most the places which generates the electricity are either away from habitat. powerstations for hydro-electricity or coal electricity or nuclear electricity are few examples. So even if we say that these farms are moving towards closest possible distance then again electricity consumption by mining is the issue. Only saving done here is the electricity loss in long distance supply. Otherwise power consumption is still same. New hardware for mining rigs is becoming more and more energy efficient. Thus in future there will be more proficient hardware to reduce the power consumption. To all those who are whining about bitcoin mining gulping electricity should know that internet is also gulping major electricity.
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