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I believe in Bitcoin for it's technology and vision, that has always been that way. I initially started with Bitcoin when I needed an alternative for digital payment systems like PayPal, this one sounded so revolutionary and it really is. The focus back then was not really on price increase, it was later when prices started to fluctuate a lot that I knew, Bitcoin would become some sort of an asset. Although I think that is not really the purpose, you're free to use it the way you want.
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The first post made on Bitcoin talk appears to be this one: https://bitcointalk.org/index.php?topic=5It's probably the day that this forum was created, looking at the content of the post. Satoshi is also the founder of Bitcoin. |
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Never invest in something that you don't know, especially if you can't even take the time to read a simple whitepaper. The best thing you could do right now is selling all the coins that you don't believe will succeed. With the money you get by selling, either take your loss or invest them in projects that you think will succeed, but you should definitely do your own research. Also don't invest in too many coins at the same time, it takes a lot of time to keep yourself up to date with the latest news regarding that project.
yes i learnt that the hard way... i am learning how to read and acquire information.. i am also sharing it with the world, i think it is very importnat to inform people and not let them repeat my mistakes.. i think u are right.. i should invest in less coins.. but most of the advice given is to hodl them till i have a profot before selling them off You should definitely do that, preventing people from making your mistakes is a very grateful thing to do. You should definitely hold the coins you have fate in, but don't make the mistake to keep coins that will never recover. Also don't start day trading, unless you know what you're doing. A lot of newbies made this mistake and made giant losses. yes all my analysis from my research is on my blog! haha do support it and spread it ard.. its very new and i have great plans for it.. adding in one aspect at a time... yea omg.. i even tried margin trading.. bad idea... hmm but maybe when march is over il start selling away all the bad coins.. there are some 'landmark' events upcoming in march for some of them.. good idea? I would have sold the bad coins right now, waiting only gives you more loss. I don't know about the landmark events in march, but if you believe that's a good opportunity, then do it. I personally invest only in Bitcoin and some alternatives like Litecoin to have a backup, low cap coins don't feel good for me. i see.. thanks.. yes ill probably sell them after march for BTC/ ETH thats about it i think, good choice? xD If it's your choice, then it's a good choice. Don't let them tell you what to do, keep that it in mind  |
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Never invest in something that you don't know, especially if you can't even take the time to read a simple whitepaper. The best thing you could do right now is selling all the coins that you don't believe will succeed. With the money you get by selling, either take your loss or invest them in projects that you think will succeed, but you should definitely do your own research. Also don't invest in too many coins at the same time, it takes a lot of time to keep yourself up to date with the latest news regarding that project.
yes i learnt that the hard way... i am learning how to read and acquire information.. i am also sharing it with the world, i think it is very importnat to inform people and not let them repeat my mistakes.. i think u are right.. i should invest in less coins.. but most of the advice given is to hodl them till i have a profot before selling them off You should definitely do that, preventing people from making your mistakes is a very grateful thing to do. You should definitely hold the coins you have fate in, but don't make the mistake to keep coins that will never recover. Also don't start day trading, unless you know what you're doing. A lot of newbies made this mistake and made giant losses. yes all my analysis from my research is on my blog! haha do support it and spread it ard.. its very new and i have great plans for it.. adding in one aspect at a time... yea omg.. i even tried margin trading.. bad idea... hmm but maybe when march is over il start selling away all the bad coins.. there are some 'landmark' events upcoming in march for some of them.. good idea? I would have sold the bad coins right now, waiting only gives you more loss. I don't know about the landmark events in march, but if you believe that's a good opportunity, then do it. I personally invest only in Bitcoin and some alternatives like Litecoin to have a backup, low cap coins don't feel good for me. |
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Never invest in something that you don't know, especially if you can't even take the time to read a simple whitepaper. The best thing you could do right now is selling all the coins that you don't believe will succeed. With the money you get by selling, either take your loss or invest them in projects that you think will succeed, but you should definitely do your own research. Also don't invest in too many coins at the same time, it takes a lot of time to keep yourself up to date with the latest news regarding that project.
yes i learnt that the hard way... i am learning how to read and acquire information.. i am also sharing it with the world, i think it is very importnat to inform people and not let them repeat my mistakes.. i think u are right.. i should invest in less coins.. but most of the advice given is to hodl them till i have a profot before selling them off You should definitely do that, preventing people from making your mistakes is a very grateful thing to do. You should definitely hold the coins you have fate in, but don't make the mistake to keep coins that will never recover. Also don't start day trading, unless you know what you're doing. A lot of newbies made this mistake and made giant losses. |
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The paper wallet is really safe for storing your Bitcoin, but you can't use it to make transactions. To do that you first need to import the private key (on the paper) in a wallet client. These include desktop wallets, hardware wallets and mobile wallets. There is also a type of wallet called web-wallet but they aren't considered to be very safe, as you store your Bitcoin on a third party cloud. But generally everything open-source is considered to be safe, as you can view the source code and even build it from source yourself.
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Never invest in something that you don't know, especially if you can't even take the time to read a simple whitepaper. The best thing you could do right now is selling all the coins that you don't believe will succeed. With the money you get by selling, either take your loss or invest them in projects that you think will succeed, but you should definitely do your own research. Also don't invest in too many coins at the same time, it takes a lot of time to keep yourself up to date with the latest news regarding that project.
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i wish OP was clearer but my guess is that he is talking about the "talk about increasing BCH block size to 32 MB or something in that ballpark. and so far as i know it was all a proposal and it has nothing to do with its price. the price of BCH like many other altcoins is controlled by pump and dumps and how many fools invest in it.
A base-block size increase to 32 Mb doesn't make sense when the average block doesn't surpass just 1 Mb. Is Roger Ver really expecting Bitcoin Cash's popularity to multiply with at least 8? That sounds really insane if you ask me. |
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Too much effort to purchase all the parts and set it up just to save quite a small amount for a Trezor device in my opinion. Though this should be a good quick project for the raspberry pi developers out there.
You should make something yourself, it gives you a way more satisfied feeling than just buying things. Also it doesn't require that much effort, as yheneaul created an easy step-to-step guide. Parts can all be ordered on Ebay, not really a time-consuming thing if you ask me. I get what you're trying to say. What I meant that this isn't just worth the time if you're doing this just to save money(in my opinion). I'd definitely want to work on this just for fun whenever I get free time as it's fun trying other things out, but as a person in a 3rd world country? The shipping fees are going to be a pain in the ass to order those parts. Nope. I don't know what your salary is, but this project can easily be done in a couple of hours and it's probably more fun than your office job. The only time-consuming step is the soldering and maybe the downloading. But all the other steps are equal to setting up a brand new trezor wallet, so that doesn't really count. Also most components except for the Pi itself are produced in 3rd world countries, so that shouldn't be really much of a problem. I don't think that the shipping for a brand new Trezor is less costly than that of a Pi Zero. |
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Bitcoin is losing popularity, looking at the transactions per second chart. That's the reason why the mempool is decreasing, instead of increasing like it did during the high fee period. But Bitcoin is not the only crypto that is experiencing this trend, Ethereum, Litecoin and more populair coins are doing the same. This trend is believed to be caused by merchants stopping to accept Bitcoin and other crypto-currencies as a payment method. So let's hope Lightning network can solve the problem and make Bitcoin usable for micro-transactions again.
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I am not going to sell all my Bitcoin in one time, but if the price would ever reach $100,000 then I will definitely sell some of it. However, I doubt that Bitcoin would ever reach that price, considering that we can't pass borders because a lot of people start selling at once. Every time a new all-time-high is reached, the next minute the market crashes and it comes back to the previous mile-stone. We haven't surpassed mile-stones lately, like we did in the summer of the beginning of 2017. But let's hope it will.
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Give use some reference to the news you are talking about? I personally have no idea what you're talking about and therefore can't give you my vision.
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Too much effort to purchase all the parts and set it up just to save quite a small amount for a Trezor device in my opinion. Though this should be a good quick project for the raspberry pi developers out there.
You should make something yourself, it gives you a way more satisfied feeling than just buying things. Also it doesn't require that much effort, as yheneaul created an easy step-to-step guide. Parts can all be ordered on Ebay, not really a time-consuming thing if you ask me. |
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What for Elon Musk needs Bitcoins if he already launched his own rocket with Tesla on board?  He is not interested in richness, he has another mission. He is really genius guy. He is not interested in being rich, but I'm sure that he loves free money to invest in his projects. I mean, spacecrafts are not free. |
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5$ DIY Bitcoin wallet : pitrezor The title says 5$ but that's the price of the raspberry pi. And then it starts piling up: An SD card. A good micro-usb to usb cable. A mini HDMI male to HDMI female adapter Two push buttons (normally open contact, SPST) An OLED display. In my case I used an SH1106 I2C . Optionally, a box or enclosure for a more professional look. Just the display is 12$. In the end you end up with at least 30$, a lot of work, a higher chance to mess things up and for what... It is indeed an interesting project but I doubt anybody would cheapen on 30$ but will store 1 BTC on it You should've copied the exact words he said: Optionally, an OLED display. In my case I used an SH1106 I2C . The Adafruit SSD 1306 I2C should also work (see below) but I didn’t have a chance to test it.
Besides that, anybody that has a phone also has a micro-usb to usb cable, so that doesn't really add up to the costs. Buttons cost a fee cents, an HDMI adapter can be bought on Ebay for less than $2. The only real costs are the Pi and the SD card, but some might have a spare one lying around. That's not going to be $30, even if you buy a high quality SD card. |
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Also Bitcoin doesn't really need more privacy features then it already does, you can stay anonymus with Bitcoin as long as you are using it the right way, so that means no centralized wallets like Coinbase.
Bitcoin doesn't have any privacy features at all. It was never even 'advertised' as such. It's just people considering it to be anonymous because at that point services didn't need to bother their users with ID and address verification. Other than that, if you have used any centralized service in the past, you already failed to maintain "anonymous". The services that you used in the past have all your details and logs that are being kept for ever, and there is no way you can ask them to delete your details. I tried so with Bitstamp, and they said that they aren't legally allowed to do so. This basically means that all my personal information is stored on their (and probably government) servers for ever.... Not having to use any personal information to create a wallet, is a privacy feature. At least when you compare it to traditional banks that require you to give all your personal information. When you make a transaction the only thing that is public on the blockchain is your address, recipient address and the amount. You can't identify a person based on these 3 details, unless you use services that require you to fill down your information. But that's your own choice and won't protect your identity either if you used alternative chains with more advanced privacy features. |
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Why don't the developers just update Bitcoin like any other normal altcoin on the market?
For example give Bitcoin an update for larger block sizes, faster transactions speeds, privacy features, more transactions per second, lower fee's and maybe add in smart contracts.
You can't just implement faster transaction speeds or lower fees, both are results of multiple aspects. For example, faster block times can increase the transaction speed because more blocks are mined every time period but this can also be opposed if the traffic on the network starts to grow, which is the case with Bitcoin in comparison to altcoins. Also Bitcoin doesn't really need more privacy features then it already does, you can stay anonymus with Bitcoin as long as you are using it the right way, so that means no centralized wallets like Coinbase. |
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There should be a release for a client for this specific fork where you can import your Bitcoin/Zclassic private key, this gives you access to your coins on the BTCP chain. To make sure that you don't lose your valuable Bitcoin, send your Bitcoin to a new address before you claim your BTCP.
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It seems that you have to use MyEtherWallet to list your tokens but your able to store them on the native client. Ledger Wallet doesn't natively support any Ethereum tokens, so if you sent some tokens there, they can't display in your operations and balance.
To manage your tokens, you need to use your Nano S with MyEtherWallet instead of the Ledger Wallet Ethereum Chrome application which won't display any tokens.
You can follow this tutorial to connect your device with MyEtherWallet
https://support.ledgerwallet.com/hc/en-us/articles/115005197845-I-don-t-find-my-ERC20-tokens-on-my-Ledger-device |
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I believe that we are witnessing the setting down of the bitcoin sun, and similar to the sun on the north pole, which does not really sets down in the summer, so that is the Bitcoin sun. The bitcoin was a great locomotive to the crypto industry, but it's time for it to step aside and let the technology take the lead. The blockchain is the underlying technology of bitcoin and is the reason for the vast mainstream interest in this part of tech. The mainstream has a lot of biased feelings toward Bitcoin, and god knows, there are definitely good reasons for that. But, unless the mainstream will be able to feel comfortable with using the tech, there will be no mass adoption and this beautiful technology will go to waste in the hands of speculative traders and scammers. My personal opinion, don't shout  You don't have to understand the way Bitcoin works to make simple transactions, like you don't know how a bank processes your payments. Feeling comfortable with Bitcoin just lies in the user interface of the wallet, not the technology itself. How would you improve Bitcoin to make users feel more comfortable? |
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