how many country of the world now accept btc?  Most countries allow the use of bitcoins informally. A few countries have adopted it legally like Japan. Very few countries like Ecuador banned it outright. The thing is that most countries have no idea what to do about bitcoins and are yet to formally adopt or ban it. This is correct but the good thing is that bitcoin are not like drugs so the chance of a big front forming to ban bitcoins is lower since bitcoin is not damaging to people like drugs are and as long we have countries that legalize it then everything is going to be fine. |
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Everyone of us have different kinds of belief in Crypto and we all are rite in our beliefs and predictions, I have some researches to give this statement which i want to share with all my crypto friends,
As i know we all believe BTC is not a currency of a country its a global currency
As of 2016 global currency was reported 119.782 Trillion $
Bolivia Alone has 73B$ which is more then today's Crypto Currency Market cap,
Greece has 196B$ Which is more than double the Crypto Market Cap
Hongkong has 332B$ which is 5 times of Crypto Market Cap
There are so many examples before reaching US, China, Japan Germany, UK, France and other Max Cap Big Dogs
We as Crypto Lovers are developing Cryptocoin as Global Currency if we have a look on that and focus on that then Bitcoin price today is nothing and has a lot of potential, I do Agree there will be a lot of hurdles but that doesn't mean that we can't,
According to Global cap if we go for Crypto cap Figure shows BTC price should be $5703904.7619 and to remind all my friends Global cap in 1990 was 28 Trillion only and today its 119.782 Trillion
As a currency if currency could flow according to development why not BTC of course yes. Yet i am not telling the price should be $5703904.7619 as focusing to Global Cap vs. Bitcoin Cap, That is also possible in long run but 50K sure,
So when do you think we'll reach 50k then? Will this happen in the nearest 20 years? I think it's possible only if Bitcoin will be getting much more attention than it is getting now. Most people still have no desire to learn about cryptos, thinking it's something they can live without. But they are wrong because now it's clear that there's no future without cryptos, they are so much better than fiat for payments. For that to happen bitcoin will need to reach a market cap of about 800Billion dollars, probably more since I’m not taking into account the number of coins that are going to be mined until that day, but to be honest the figure does not seem unreachable in 20 years, may be we will get there maybe not but I think we at least are going to be at point in which 50k for each bitcoin does not seems unrealistic. |
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Fibonacci 0.786 and many other 'signals' are useless in crypto trading.
You are working with/against humans. Not Fibonacci's. Everybody is now on panic on BTC price decline. And most of them never heard of Fibonacci. Fear is the biggest signal and factor you should conciser.
Technical analysis has its place but I think some people think that a magic formula will be found someday that can predict the markets and that is not going to be the case, right now most of the market has only one way to go and that is down if we take into consideration all the factors currently affecting the market. |
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The only main disadvantage of the bitcoin is not accepted worldwide. As of now few countries accepting and when its accepted by all over the world then nothing is stopping this bitcoin.
We should not be as impatient when it comes to bitcoin, adoption takes a lot of time, we will probably need another 20 years before we can see if bitcoin is going to be accepted worldwide or not, I know that is a long time for many but it is in fact a small amount of time when viewed in historical terms. |
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Let's see the video. Let's get an identical signed message with the date included from each and every address in this (fake) video (that you'll never post because this is all made up bullshit).
This is a click bait of the author (not OP) we know they are monetizing views and click of every video they created. this time they target cryptocurrency people and since the group is huge and lots of people are interested on Satoshi holdings, the curiosity will bring these people to click the video and that is automatically earnings for the creator of video. Anyway it is obvious that it was a fake and all bullshit. If that is the case, then what a bad attempt, no one that knows the bare minimum about bitcoin will fall for this amount of disinformation, no one, not even satoshi will have that amount of coins ever, in fact the figure that is often repeated that satoshi has one million coins is probably false too. |
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I am still confused, whereas my friend's suggestion he said better buy some btc Because it's very possible that the price of bitcoin will go higher after August 1. And if you will wait after August 1 the price can be higher already and you won't have any sense of buying on that stage because you'll regret that you never bought earlier. Good thing you have a friend that is suggesting you to buy more and it's like buy at your own risk. It really depends on what you are comfortable, your economic means and the risk you are willing to take, if you prefer to play it safe then the best thing you can do is to hold and do not move your coins for some time until things settle and we get to know what is the outcome of all of this. |
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The amount of altcoin is overwhelming,
So I am confused to choose a good altcoin for trading, Can you please mention any coin whose price is stable, So I can include it in my trading list,
I once had a bitter experience, I bought altcoin, but in the end it did not sell And lost from the market, For example digieuro
If you need advice to even choice a coin then it is better to not trade at all and go to the drawing board and study the markets a lot more, coins that have a good market cap and a good trading volume are optimal for this, but you need to at first concentrate in a single coin so you do not get overwhelmed by the amount of information on the forum. |
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Only if the hardfork is a failure as expected. In order for the bitcoin price to go up, the Bitmain/Roger Ver/Wright/anything that could lead to a hardfork/ must die and fail. XT, Classic, Buggy Unlimited, and segwit2x, they all have failed because it's retarded nonsense. This should not be any different. Im not even counting BitmainCoin's hardfork proposal.
After all these morons give up with the HF fud, we will go to $10,000. As long as the stupidity continues, we will stay as we are now or crash indefinitely.
We could go to $10,000 tomorrow, if miners acted accordingly and activated BIP141, or we can continue playing games.
A lot of users want segwit to be activated, myself included, but think about this from the point of view of the miners, they have invested a fortune to mine bitcoin and now the rules of the game are about to be changed and not in their favor so to them it makes sense to defend their interests even if that goes against the wishes of the devs and the community. |
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Honestly I believe bitcoin is better since one you don't use your credit card so you don't loose you needed cash but instead your cash that you could easily earn back from mining. Plus, it's open to all ages unlike credit cards.
You asked if its better and than started talking about credit cards. There are a lot of thing to take in consideration. One of the most important thing is if the currency is backed by something thus the stability of it. Since all the biggest currencies allegedly are backed by gold at least partly then one could say that they are more stable and their value is preserved . But there are a lot of information out there that US dollar is not backed by gold anymore because it is stolen trough various schemes of gold loaning trough banks. It could be that US currency's gold exists only on paper. In this case currency is protected only by reserves of central banks. Aand then the stability becomes dependent on the same criteria as cryptocurrencies. Also there is the transactions fee and necessity of electronic devices. About the bolded part, not a single fiat currency is backed totally or partially by gold, the reasons for that is they will not be able to print as much currency as they wanted if there was a limit like that, governments hate the idea of a gold backed currency because it will not allow them to run deficits in their spending. |
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I heard that the ethereum is much better than the BTC that in fact is the same as BTC but improved and that is the reason why it is rising a lot of price.
Is the Ethereum really better than the BTC? Do you believe that the Ethereum will reach the prices of BTC and even more that will surpasses the price of BTC, or that even will replace BTC?
What are your thoughts and predictions for Ethereum ??
Regards
I think you never seen and analyse the Bitcoin and eth . Here you will found that btc is more better then ETH . The reason is not a particular but many . Here I would like to tell you about the main main quality of the btc that ETH not have . (1) Btc can bear big traffic of transaction and also can handle traffic easily , but ETH can't do the same as Bitcoin can . (2) BTC is available at every place but ETH only available at rare places only , that is showing how much the Bitcoin is famouse . (3) Btc is going to improve the network again at 1 August but In the last week what was happened every knows with ETH . (4) BTC is more secure and easy to use because wallets for the Bitcoin available are more than for ETH . (5) BTC is the first coin that entered in the market of virtual currency , so most of them have more trust with BTC then with ETH 1. Eth currently handles more transactions than bitcoin does 2. You are correct that CURRENTLY BTC is more popular but nothing is to say that will always be the case 3. Bitcoin likely will improve the network but it currently has risks of a fork whereas ETH has no immediate risk of that 4. Bitcoin and Eth are just as secure as each other 5. This is the same as 2, it has first mover advantage and currently on top in usage and trust but that may or may not always be the case About point number three in your list, ETH has no risk of a fork because it was already forked years ago, and it became two different coins ETH and ETC, so while what you say is correct, I think it is unfair to take this as a negative point for bitcoin when in bitcoin that is only a possibility when in ETH that is a reality. |
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I strongly believe that if some well known investors come in and buy billion dollars worth of bitcoin it could be world breaking news and the price of bitcoin would soar high to $10000, just my opinion.
Doubtful, that may create new awareness to some people that did not knew about bitcoin, but it is difficult to imagine that will change the overall perception of bitcoin, at best that could raise the price a little bit but the effects of such a thing are going to be limited. |
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In my opinion now very many blogs on the internet blog that explains the learning about trading, even you can learn via video on youtube. But I prefer sharing and asking my acquaintances or friends who are experienced in trading.
If you can do that then good for you but not everyone can ask a close person about trading cryptocurrencies, in fact, I’m sure many people cannot even talk in general terms about bitcoin with their friends and their family without receiving a puzzled look when they do. |
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If we save many bitcoins today or in the past months and hold it for a long time maybe we can earn a lot of profit from bitcoin. If you are a long term investor you don't need to panic when the price goes down. We just need to believe that bitcoin will reach it's highest point.
Saving bitcoin will always be beneficial to all of us. Make those early bitcoin people as an example, they did earned a lot from being a long time holder. A kid became millionaire and still counting. Re-investing his profit and makes more money, it will always depend on how you will manage your saved bitcoins. People hold for the simple reason bitcoin increase in value, if it did not then people will try to get rid of their bitcoin as fast as possible, so holding is a reaction to the way bitcoin behaves, there is no point in spending your bitcoin now when it will become even more valuable at some point in the future. |
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New Bitcoins are generated through mining and the miner who solves the block is rewarded for his work . Currently each block solved receives a reward of 25 bitcoins ( it used to be 50 but halved last year) . Each block is found and solved every 10 minutes and the reward halves after every 210,000 blocks. Hope this helps.
If the price is constantly decreasing then after a while the miners will not be profitable to mine bitcoins or price for the transaction will be such that people just aren't profitable to use bitcoin. Can be the mathematical calculations some mistake? The amount of new coins miners get by solving a block is decreasing, but the value of bitcoin keeps rising, so that does not seem like a big problem, also if the adoption of bitcoin keeps increasing then the day the miners depend on the fees of the transactions and not on the block reward is coming. |
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There are a lot of ponzi schemes offering huge return rates like 40%-50% and even some are doubling sites which probably promise to double your bitcoins within some months. If you want to invest your bitcoins in genuine investing sites with some daily interest then you will not get a lot daily interest rate. All you will get is 0.2%-0.3% daily interest rate. If you are OK with this interest rate then you can simply invest your bitcoins in yobit in the investment box section. It is a good sites and all your money will be safe there.
Even the interest rates you are talking about are unusually high that translates to about 10% every month, which is very high since we are talking about bitcoin, personally I will prefer to invest my bitcoin in a casino bankroll that gives 1% to 2% every month, the percentage is lower but that seems a safer option. |
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Bitcoin.org just gave an alert on their website of a confirmed potential fork on Aug 01 and some warnings to users of bitcoin. It is unpredictable yet though how the market is gonna be like but it seems it ain't gonna be pretty. I was having hopes it may not get to this at first, unfortunately they are dashed. God help us as we help ourselves too.  https://bitcoin.org/en/alert/2017-07-12-potential-splitThey need to do it, they cannot be irresponsible and not let people know what it is happening, also until the fork happens then it is not confirmed, there is the chance that it may happen but until the miners pulled it off then it is just a potential, a terrible potential if you ask me, but still a potential that can be avoided. |
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how many country of the world now accept btc? If you read CoinDesk article about Bitcoin Legality - Map of Regulatory Landscape You can study which countries permissive, contentious and hostile toward bitcoin snip picture We hope in future more countries accept bitcoin, at least not hostile against bitcoin.. I find it very odd that a country like Iceland that basically gave the bankers the middle finger in the last economic crisis, to be so against bitcoin, it would seem to me that they should be one of the countries leading the charge against banks, does someone knows why this is the case? |
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My vote goes to trading, most of I read about bitcoin investment, trading is the most recommended tools for bitcoin earnings. but since I'm a newbie, a signature campaign is a safe tool to start earning cryptocurrency.
Signature campaign is best suitable for beginners because by joining there you can have some piece of bitcoin that can be your fund. Your fund can multiply by trading and try to invest other coins. But be careful about this. Signature campaign are not the best option to make bitcoin, also many campaigns do not accept newbies for the simple fact the managers do not have a way to know if the newbies are going to stick with the rules of the campaign and the fact that newbies cannot put a link in their signatures. |
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A friend of mine had some Bitcoin on his phone a couple of years ago and he's lost that phone which stored the private keys on without any other backup. We can see his balance on the blockchain and he knows his password for the private keys. Is there a way of creating the private key from the bitcoin address and the known password?
Do you have the seed? If you do then you could recreate the wallet and recover your funds, but if you don’t then I’m sorry to tell you that the coins are lost forever, if it was possible to know the private key deriving it by having the address then bitcoin will be incredibly vulnerable to any attack. |
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Where the hell did you get that number from? He only could have got that much if he mined completely alone for about a year. There were other miners in the very early days. Only a few, but a few is all it would need to take away many of satoshi's coins. Read this blog post, which suggests that satoshi mined approximately 1 million coins. Oh I see.. Okay I will read that post. So estimated is 1 Million was only mined on the early days by Satoshi. Çoz Satoshi is anonymous right? Coz I've seen a video where someone holds 2.2 Million Bitcoins. In the video, he/she used Bitcore wallet. Don’t believe everything you see online, many are just tricked videos or pictures, there is not an address with that amount of money or everyone will be watching it, satoshi used multiple addresses, and even if there was an address with that amount of coins, if that person cannot sign a message with that address then that person cannot prove that address belongs to him. |
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