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I will like to work for you, am an experience writer. Also good with SEO writing if you need one. Hope there is an available slot for me, I really need to gather money for my school final project. Thanks
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There is really no particular way to become a bitcoin expert this is because as bitcoin grows, new things about it surface and you have to learn, it a continually gradual process.
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Believe me by then, it will be overrated and something bigger than it will emerge. Its unfortunate we won't be there to witness it.
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The truth is that you need a job to get bitcoin because now, bitcoin is so hard to earn online not to talk of mining. Unless you have a service that one pays you in bitcoin.
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The truth is that you need a job to get bitcoin because now, bitcoin is so hard to earn online not to talk of mining. Unless you have a service that one pays you in bitcoin.
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A big yes to this one...I will accept it...
I see it as an easy and quick way of payment and every business owner should accept it as a mode of payment too.
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The People's Bank of China has actually produced a statement in English to clarify for those mistranslating: http://www.pbc.gov.cn/english/130721/3377816/index.htmlI. The Essential Attributes of Fundraising Through Coin Offering
Financing through coin offerings refer to financing bodies raising virtual currencies such as Bitcoin or Ethereum from investors through illegal sales and circulation of crypto currency or tokens. Such offerings, in essence, are unauthorized and illegal public fundraising and are suspected of involving in criminal activities such as illegal selling of tokens, illegal issuance of securities, illegal fundraising, financial fraud and pyramid schemes. The competent authorities will closely monitor the related developments, strengthen coordination with the judicial departments and local governments, strictly enforce the law and work based on the current mechanism, and resolutely clamp down on market irregularities. Any suspected crimes, once identified, will be transferred to judicial department.
The token or “virtual currency” used in coin offerings are not issued by the monetary authority. Such currency does not have characteristics of money such as legal tender status and mandatory use, has no legal status equivalent to money, and cannot be circulated or used as currency in the market.
II. No Organizations or Individuals Shall Engage in Illegal Fundraising through Coin Offering
From the date of release of this Notice, fundraising through coin offering shall be banned immediately. Any individuals or organizations that have completed fundraising through coin offering shall make arrangements to return the funds raised, and to ensure that the legitimate rights and interests of the investors are protected and the risks involved are properly managed. The government departments concerned will strictly investigate and address the coin offering activities that have continued despite the ban and the illegal activities in the projects that had completed fundraising. That's pretty clear - they've banned ICOs. Thanks for this article. @OP...They didn't but only banned ICO. At first when I saw the news passed Tuesday. I thought they did banned it and thought it would affect the price of it but some people in this forum help me understand better. |
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China didn't banned bitcoin but instead banned ICO.
As for if bitcoin will rise, surely it will rise for sure.
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From my own estimation it could be around 10k if not more.
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Last year i earned around 3 bitcoins and sold them with 1000$ rate.
Now i wish i didn't sold them.
Whoa! Imagine what you would have kept it and sold it now. Did you earn it through signature campaign? |
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Sure! I will still use it. So far it accepted worldwide, finding buyers won't be a problem. It will becoming an international exchange. All I have to do is to pe protected by an Escrow to avoid fraud.
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If I was ever given such a perfect gift; I will split it. 60% of it will be Bitcoin; I will invest it by holding it till the price top high then sell it. Then the remaining 40% will be used in buying Ethereum; like bitcoin, I will also hold it till the price is high, then I sell them. Its a double win  |
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Hey guys,
On Tuesday, I hard on the news that 'Bitcoin fell by another $300 on Tuesday after the fallout of a Chinese ban on cryptocurrency crowdfunding ' .
So I have been thinking, is China the core up holder of Bitcoin? If they totally ban bitcoin, will the price of bitcoin totally reduce?
In 2013, China largely fueled the bubble alongside MT Gox. That's why the cryptic suggestions by the PBOC that Bitcoin might be banned (early 2014) was so crippling to the market. At this point, the effect of any one country lessens every day. For example, mining centralization in China has been a big historical concern. Today, we see a Tokyo-listed company investing $300 million to enter Bitcoin mining: https://qz.com/1071926Decentralization is a beautiful thing. Whoa! $300 million... That's sort of huge.. Decentralization is indeed a beautiful thing  |
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Ok. So, in other word, you think China is among the core upholder?
Consider the mining farms, mining pools and how much bitcoin being generated in every hour, yes they're. Chinese miners hold big portion of bitcoin from mining activity obviously, but we don't know how much, the exact number. Even though the miners have to sell bitcoin to get cash in order to cover their mining expenses, but they still have huge amount of bitcoin in their wallets. Ya, I really see your point. Its beginning to make sense though. |
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it's good you read the news correctly before you make this thread, what you say wrong overall no one forbids bitcoin in china they just forbid some ICO project
Am not saying they forbids it or bans it. Am saying, what if they did forbids it, will if affects the price? Was just wondering if they are or among the core upholder... |
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Bitcoin has been touted as a crypto-currency, capable of replacing fiat currencies but the reality today is that most people prefer to hold bitcoins rather than spend it. Can we really say it si a currency when a large number of bitcoin users treat it as an asset?
I believe it's both ( a cryptocurrency and an asset also). Reason, is because, now almost ever business and country are now accepting it and storing it also can make you a lot in the coming future. |
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After PBOC ban ICO on China, cryptocurrencies prices fallen down because excessive reaction from people in the market who want to extract the profit. Do you know the biggest mining pool located in China? https://www.buybitcoinworldwide.com/mining/pools/The groups of miners who have the biggest mining farm, generate hundreds bitcoin everyday. If China ban bitcoin, do you realize what will happen to bitcoin? The price will crash because the market react according to current situation in the world. Fortunately, they didn't do it. Ok. So, in other word, you think China is among the core upholder? |
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Though my bitcoins aren't much, but when I save up, I will invest in Agriculture; I really want to assist in feeding the nation. As I do that, i will continue to invest in high promising cryptocurrencies including bitcoin.  |
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