I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
of course, but basically. not all hackers will be able to break into the bitcoin system even more so for blockchain. so, basically someone should prioritize security first to avoid theft like phishing and the like. there is no measure of whether or not to invest in bitcoin, especially if the value is so very fluctuating. So, you have to know the risks
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I've been keeping up with Bitcoin and investing for the past year, and Im wondering if anyone thinks it will drop back down to 6 - 6.5k in the upcoming months? I've read a lot of projections and there is a mixed consensus but several "vets" agree it's due for a big drop. What does everyone think?
there are many phenomena that occur in crypto market this year. I think it is very difficult to predict, especially some of the FUD that spread by the world economic experts or the founder of the central bank. but I think we should appreciate the bitcoin that is able to survive even though there is always a correction. but able to survive and re-grow after the storm passes.
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...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.
this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.
successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.
of course, but you missed the mistake. today the era of digital technology all the more accessible information from smart phones. and almost the entire city community has it from the cheapest price. is not it able to access crypto and bitcoin? What do you think ? I think in time the digital technology will grow more rapidly and this will affect the development of bitcoin.
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Bitcoin and cryptocurrency is still illegal in Bangladesh. Today Dent is launched in Bangladesh by four major Telecommunication company (Robi, Grameen phone, Banglalink and Airtel). Now all Bangladeshi can buy mobile data pack by Dent tokens. Do you think Bangladesh Govt will legalize another few coins?
I don't know, because I am not a citizen of bangladesh. moreover I think bangladesh not too have a big impact on the development of crypto. does not intend to excommunicate. but it is a fact, and I am glad if bangladesh has a role and legalize for the next few years, so there are many countries that welcome bitcoin and crypto to be legal. and this will affect other countries especially in asia
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I think we should protect to issue scam ICOs in the crypto market. It creates misconception between new user and about market. What you think?
very difficult in my opinion, and very necessary international regulation especially in the country that is occupied by its ico organizers. I feel the same worries as the others, ico scam becomes a problem that makes a negative on the development.
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In case someone stole your bitcoin or you lost it, you won't be able to get it back. Is this true?
What are your knowledges about this?
of course, if my bitcoin has moved on to someone else's wallet. of course it can not get me back if it has been stolen. this is what you need to know, so you have to be careful especially to maintain security
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i've seen a 2016 movie titled "HACKER" and also in netflix's "the heist" dragging bitcoin as hackers money /dirty money/ bad guys money and i find it wrong because they are creating a negative connotation on bitcoin. i think it is high time to restructure the image of bitcoin on movies. is there other movies that portray bitcoin in a protagonist side?
I have never seen a movie about bitcoin that leads like a protagonist. it is commonplace in my opinion, because after all the movie world will find a favorable side to sell. and that is the negative side.
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What blogs or channels do you prefer most when you need to get knowledge about crypto, wallets and crypto market? Just found hacker noon on medium and CCN website:) Can you share more?
in this forum there are many threads to discuss about seputaran bitcoin and other crypto. so you can search for education here, especially if you want to compare it with various references. Essentially you should be able to spend more time and look for lots of reading that leads to understanding and knowledge.
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I read that they are investigating criminal price manipulations over Bitcoin. Manipulation of prices is really possible ? This happened before ?
I think price manipulation is not as easy as you say, however bitcoin prices are very high and require big whales simultaneously do it. but that is difficult in the current situation when the market tends to be unstable.
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I don't care, and until now bitcoin but can survive even can grow back even on a small scale. but this proves that the presence of bitcoin can not be underestimated. especially in banking that always sows FUD to destroy its value at zero point.
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FUD that has been repeated in say a lot of banking. I am not surprised or worried about this. because after all we should have known the risks before being really involved in the crypto industry
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Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
I guess basically it should be like that. but in the development that occurs from time to time bitcoin evolved to be part of the most valuable asset of the crypto industry. and this happens unplanned from the start. so, I'm not as perturbed as you discussed.
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In April, the bitcoin rate increased by 33%. This is the most successful month for the main crypto currency for the entire 2018 year. How do you think bitcoin will show higher growth in one month during 2018 or will April remain the most successful?
towards the coming of May, the market becomes a lot red with a small but very common correction. this makes the atmosphere becomes unstable again. I am still convinced, this correction will only happen briefly.
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Why do we really need Bitcoin? I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you. And you?
Well for the reason why you need bitcoin, I think it depends on your needs and perceptions about the bitcoin world and the kripto industry. Apart from the profits one gets from investing or trading crypto. so the most important point, bitcoin can give you many options to double your money. but similar things to the risks you can get.
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Hello guys, In 2017, Bitcoin’s price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?
of course the correction due to the increase is too high and caused several factors. and more than that about the ban and some large media also follow the ban. this is what keeps the bitcoin down falling in, but it can not get it up to zero. and how bitcoin tries to rise from day to day by trying to grow even though it does not have too much impact. but with this, bitcoin in the future will be able to grow back to be greater than the value ever achieved.
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Anyone knew about that Is it true news I don't think it would have a major impact on crypto market changes, especially on bitcoin. the population of people involved in bangladesh for bitcoin is not so much when compared to in other asia. only possible impact will be felt on the local community of Bangladesh residents.
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Why Media is negative about Bitcoin? Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins. Do you see that, dont you?
I think the media is very proactive for all that is profitable to be preached. especially in the national media in every country. I do not think the media ever hate just what they're looking for for high retings to make a lot of profit inside. regardless of the negative and positive news that it picks up.
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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?
Well, it should if you have a question like this. chances are you are interested to try it. I think you are a beginner. that's why, I suggest you should have basic knowledge first before you really engage in the crypto industry that is investment-based or crypto-trading. at least you should have insight so you can step a little more advanced as a beginner
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In recent times, some new ICO companies have been kidding about Bitcoin on Twitter, Facebook for their ICO promotion. I think this promotion way is very negative for Bitcoin. They showed that Bitcoin will be destroyed and their token will become number one. They have presented it in such a way that the price of Bitcoin will not rise anymore. I think this type of promotion is very negative in the market.
I do not understand what you are discussing, especially for the ico that is not clear and there is no link as a consideration of the answer. but I think, any attempt to destroy the bitcoin or try to decrease its value. it will be very difficult to happen. even some governments have tried it. but all failed.
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Many economists and members of the crypto community believe the crypto bubble will burst soon. What do you think?
I think you are too stupid and do not try to learn about cryptocurrencies. so, how can you follow a bounty campaign if you consider that Cryptocurrencies are bubbles? so try to reflect on your education and knowledge.
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