Well, I believe you should learn more about "If you should get yourself involved in other Altcoins or not" before you look into "What Altcoins I should know about and which you should ignore". I think I made my point. All the best with your crypto life.
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New technology has come to light. Probably you heard of Antminer S9 and S7. Your GPU is not considered as the best machine for mining. You can say this could be reason behind the act of nVIDIA. I believe Nvidia is moving on, not leaving behind.
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I agree with that person. I believe in earning through spending. I don't believe in savings, it costs too much Bitcoins is a currency, it's online money, it meant to be spending not holding as an investment.
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Yes I agree. There are hundreds of Crypto currency in the world. But none of them is a sustitute for Bitcoins. Ethereum is growing, so as the crypto world. That's why I think it would not be able to take place of Bitcoins. At least not in near future. I don't know the percentage but I think there's a lot of people out there who doesn't even know the difference between crypto currency and bitcoins. For them, BTC is the crypto currency.
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Didn't read your other posts, didn't know what pharmacist said to you. But I just read this thread of yours. I really cannot relate this post in "Bitcoin Discussion" subforum. I should have made your complain some place else. Wish you all the best.
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I don't believe in Monopoly. Of course we should support Altcoins. We can't compare the position of Bitcoins if there is no other crypto currency. Plus, Altcoins have their own play in the online market. Lots of people prefer Litecoins or Ethereum or other Altcoins because of their value (price). So, I think we should support Altcoins ALONG with Bitcoins.
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Do we need to read those info on your app or can we watch them? I need to know cause I can recommend this app to some people whom I want to introduce about Crypto currency. I think if the app has both video tutorial and written article then that would be more friendly. Because some people like to read as a tutorial and some others prefer a video.
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The way I see it, the exchanges are more or less acts like a bank, only more brutal. The transaction rate is very very high. There might be a bank where you can save your bitcoins (which is not really necessary) but I don't think there's gonna be any bank who will you lend you Bitcoins (no matter what the interest is).
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Mostly no, it's a decentralized currency. So, your income is not recorded to the government. Which makes it unnecessary to pay the taxes. But if you want to covert it to fiat money than maybe there's a transaction involved which is known to the government.
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That's a lot of questions in one thread. Well, Bitcoin is a currency for me. To me, it's not actually a way of getting rich but it's my online wallet. To be honest the market itself keeping me in this crypto world. I believe it's wise to accept the technology and keep up with it. Hope you get your answers.
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It's a money from abroad. You can transfer your money to Bitcoin or vice versa in Money exchange like others. But it's completely online and decentralized. There's no note of Bitcoin but you can use it for trading. It's money, it's currency, but you can only see it on a screen.
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If we consider the whole world then I think less than 50% of the entire population have internet access. And among them, I think not more than 10-15% knows about Bitcoins. If we can't take it to 50-60% then the scenario wound not be better.
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I believe you can give enough time to concentrate on Bitcoin without quitting the job. I know it's hard to keep both of them up but I think it's possible. All you have to do is to prioritize more on Bitcoin than your job but not quitting it. Good luck with all that, all the best.
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Sorry if you think I'm sounding bold but here is the truth, I think this is unnecessary. I don't see any point of this mini sized device. If you would say "in my pocket" that would make some senses. Why would I need something in my body?
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I don't think any bank accept Bitcoins. I believe no banks will accept Bitcoins in near future. But some financial institute might accept Bitcoins. PayPal for example, they started to accept Bitcoins as a payment method or transaction method. Recently PayPal started it, last week if I recall correctly.
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I don't recall a single person who consider Bitcoins as a way of savings. Savings does not include risks of any kind, it doesn't not decrease without your interfere. But Bitcoin includes both of them. All of us see Bitcoin as a way of investment (where we use see it as a currency). So, please don't miss interpret to your little cousins and let them grow with a wrong idea.
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So nice of Mobilink to come forward with this decentralized telecom service. But I heard or read somewhere that your crowdfunding project is only accepting Ethereum, is that correct? Or am I going with the wrong information here? I think if you can receive or accept many crypto currency and certainly Bitcoins then that would be more helpful for both of you and your customers.
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I know this guy. He is the guy who took sarcasm in a whole new different level. I didn't know he made a video about bitcoins as well. Thanks for sharing.
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15 years is pretty long period of time. 15 years ago, nobody even thing of such thing as online money. At least nothing like bitcoin or crypto currency. So, I think a lot of things could happen after 15 years. Maybe there will be no bitcoins by then. Or maybe it will successfully replace dollar. Or maybe there's gonna be a new technology that marge all the currencies in the world. But honestly, I don't think Bitcoin will completely replace dollar or any other fiat money.
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The maximum amount of Bitcoin is a constant figure, which is 20999999.9769 BTC. Mostly it is assumed as 21 million BTC. So, creating bitcoins as you like is not the thing that happen as you are thinking. I hope you understand that. Thanks
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