As payment system Bitcoin is good. We don't need to carry out money with us. A large amount can be carry with a little amount of Bitcoin. It will be safe.
Bitcoin is not a good its an virtual currency which doesn't have any shape but it has the value of money.Yeah you are right we don't have to carry bags of money anymore just use mobile and usenit as a currency but still we are not yet ready for that.
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Both are different kind in bitcoin mining no effort is needed to make money but the capital needed for that is very high because our earnings will be based on our miners so high spec miner higher earnings.But we can start trading with little amount too there is no stable income you need skills and time to make money so choose which is best for you.
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I think it will be very helpful for Bitcoin.moreover if Samsung supports Bitcoin then the Bitcoin investor can be able to make a transaction with them so easily.
Yes it is one of the great honor to not only bitcoin but also many of the developing crypto currencies to , if a big company support bitcoin it will very helpful for the development of bitcoin in all over the world people are also like to invest or earn bitcoin if the users increases the value of the bitcoin are also increase .
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If you decide to invest, do not delay and start right now.
Not relevant answer to the OP,he is talking about private key. Do you know what is a private key? It is like a stong password will be given at the time of creating our wallet so we need it always if we want to access our wallet.
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It is not fair to implement tax on the decentralized technology but the governments want to make money out of it so it is better to have taxes less than 10%,so it can help the people and also the government.
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No, not yet and I hope it will be forever.I am always aware of what I am doing and never responded to newbie PMs who are all mostly looking to scam new members.And always use escrows if you are trading personally with other forum members.
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For now, I think the best use for Bitcoin is just investing instead of transferring funds because of its fees and tat for confirmations.
With the current situation, Bitcoin is considered a valuable currency in the market; many people think that these coins are a foundation for the future and there are also many bad words about Bitcoin. As this year Bitcoin will end soon or end up unexpectedly. No,2018 is not going to be the end of the year the rumors are always there since bitcoin was created but now the bitcoin is the most expensive currecy of the world so it will continue to grow even the bitcoin haters spreading negativities about it.
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I think buying bitcoin is the best option since the difficulty level of bitcoin mining is high you need more powerful system to mine bitcoin but you can buy bitcoin with that amount or you can do altcoin mining and then convert the altcoins into bitcoin.
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Exchange is not meant for storing our crypto currencies because there are chances for hacking our wallets easily so move your funds in to a hardware or software wallet then it will be safe forever.
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As of now I think it is good invest to the bitcoin now. Because for sure for sure the price become very high again and possible to become $20,000 but if you want to wait the price to decrease again you can do but remember better to grab this opportunity.
Yes investing now is the right decision already we are too late to invest , if you miss this golden opportunity again you will feel very bad in your future so investors who wanted to make your money as multiple you will definitely invest now on bitcoin .
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It has slow transactions and the fees are high, and it is the cryptocurrency frontier. What do you think will realistically will take Bitcoins nr1 spot in the future? Bitcoin Cash maybe? I agree, Bitcoin will remove on Top 1 Somedays because The transaction is so slow and the Trasaction Fee is too high I think Etheruem will be top 1 because it has too fast transaction and small fees/gas and it has ERC-20 Token. Did you ever made a bitcoin transaction recently? The fee is very cheap almost the fee is in four digits and the memepool is empty you can do transaction even at 1sat/byte and your transaction will be confirmed in less than 30 minutes.So bitcoin already resolved it problem that isthe reason why bitcoin is at top.
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Government can't win over bitcoin until people using it,we have to use crypto as crypto so there is no taxes for that and no need to worry about it. Recently Germany announced there is no tax if you use crypto for buying goods which memas many governments understand about bitcoin and getting ready for the future ear of bitcoin.
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Of course bitcoin is a money and it was found to be used in our day to day life but people are using it as an money making tool due to its speculative nature.But bitcoin is also not yet ready for using as a money still it takes some more year.
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Btctalk name : playboy654 Rank : member Current post count : 128 BTC Address :16v4nLgFmrRZAJTLz284Vte1wLHte223LP Wear appropriate signature: yes
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There are rich and poor people in all the countries. A state of wealthy and poor is formed. Although I'm newbie, I have some idea about the poor. Bitcoin is a valuable currency. The people around me are working from Bitcoin to the poor from being millionaires.If all the poor people are associated with this work, their financial condition will change which is good for the country,i think .
Poor people are always don't know about internet and online currencies they only knows the normal paper currencies so they definitely don't know about bitcoin and it's uses we don't have any other to teach them the only way is linking bitcoin and bank and putting Bitcoin ATM in all cities to improve poor people to bitcoin users.
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Watch out for phishing sites. Many people got scammed like that. Don't be lazy and check everything. Everyday we can see examples of scammers creativity.
We never have to share private key to anyone,why they need private keys? Some bounties are also asking for private keys so be aware of them they are all the scammers. It is better bookmark the MEW site and login from that bookmark will save us from fake websites. The major problem with the people is they don't learn anything before sending or giving details to others. It is always good to check the details before sharing anything with the person who doesn't know us. These major problem with the people are here to make money not for loosing, in hurry mode they will not check the details correctly and start sharing their private keys.
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The major problem with the altcoin is whenever the price of bitcoin decreases automatically the price of altcoins will increase. Even some won't depend on bitcoin also because after raising some amount they will start cheating investors and it will become zero.
We can't expect all the citizen of the country to be a president so it is impossible to get growth percentage like bitcoin got over the years.And there is no relation between the price of bitcoin and the altcoins so qe can't expect the altcoins to depends on the bitcoin price chart.
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I do not think that way because everyone in different countries is already using fiat where digital money can not replace fiat in every daily transaction
Using bitcoin as a daipy currency is a good idea it reduces many losses in exchanging problems but it is not suitable for today's economical situation and it takes time because we need more users of buy,so we need the people to get into this bitcoin world in future it will be very possible so i excited and wait for that changes in our world .
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In my knowledge the CPU mining is not that much profitable when comparing to GPU because it produces less hash power but the coin like monero can be mined through CPU but not profitable to mine so it is better to upgrade to an GPU and mine more coins.
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Trading and investing it should be based on our needs if we want to earn money in short term or in monthly basis then we can choose trading or if yiu want to make huge return in long term then go for investment.
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