I just bought bitcoin a few days ago that's why the price went up my good sir, please don't tell my mother. 

Any Potentiality for XRP Ripple to reach the sub USD $1000 Valuation mark ?

I see a lot of banks are pushing for XRP's adoption into their foray into the blockchain band wagon

Even the bank of saudi arabia is pushing for their own adoption of XRP

In Asia they are pushing for most major banks to adopt it

But with all these going ons

I was wondering if there is any Potentiality for XRP Ripple to hit even the sub USD $1000 valuation mark ?

 

What Going on! ?  
Its a 5 th day and I have not made any profit!!
Im crypto trader cristmas is coming and I have no money to pay my bills!! 
And I Don't Know any skills besides crypto trading and cashing out.

Who keeping btc price down??

At what price would you guys stop putting SIGNIFICANT amounts of additional money into purchasing Bitcoin    I am not talking about small investments that you do not care about losing, but stop investing significant amounts of your financial assets that you can not afford to lose.

I am NOT asking if you believe Bitcoin will go down to these prices !!!    I know you guys will say the prices will never get that low, and that you would never sell your bitcoin.. .  OK we understand that  😁     BUT, any rational, intelligent investor will have a price point at which they would stop putting significant additional amounts of money into a particular investment.   Think it over carefully and give us your best, most honest answer.

I have never considered buying "things" with your bitcoins on Black Friday as a good choice, but I did change my mind today. Previously I thought

it was a bad idea, because you might buy something for say 0.006453 ($50) today and a month after that the value of those coins might double or

triple and you would regret paying for those goods and services with bitcoins.

A friend of mine changed my mind, because he says we (The Bitcoiners of this world) must support the merchants that supports Bitcoin or they will

simply stop supporting it and he says the Bitcoin price might plummet to $10/BTC and you would be glad that you spend it, whilst it was still valued

a lot more.  

We have regular power failures in our area, so I decided.. f%^ it.. I am going to buy a UPS and a generator to protect my electronic devices and I

bought these items at a local shop that supports Bitcoin payments. (I received a 65% discount on both items.)  

So, what did you buy and did you support our Bitcoin merchants?

I am just wondering would it be possible in the future for the world to run solely on cryptocurrency? Considering that right now there are many people from different walks of life who are using cryptocurrencies in their day to day life. I think right now one of the main limiting factors for world-wide cryptocurrency usage is the world’s governments who make restrictions on cryptocurrency usage. Moreover, I also think another factor in limiting cryptocurrency usage is a lot of people’s lack of understanding of cryptocurrencies as it is a rather new technology to most people.

I think that we can solve most of these problems by educating people about cryptocurrencies and debunking what the mainstream media have done to slander cryptocurrencies.
I honestly think that if these issues a solved then we will probably have more people to use cryptocurrencies worldwide.

What would do you guys think, I’m just speaking (posting) my thoughts over here. Feel free to correct me if I am wrong. I’ just rather optimistic about the future of cryptocurrency usage in the future.

You better not trust Nigerian government that much if you consider the type off tyrant president that they have now and the reason why you might think they are friendly with the bitcoin is because they have still not had time to pay attention to it which they are busy dealing with their oil and corruption, if bitcoin become so popular in Nigeria with the little that I know about them , I hope that their president will be able to underhand it and not see it as threat as he is seeing everything as threat to him even to his vice president.

Nigerians are the ones that I can really say they are very friendly to cryptocurrency and they respond to the use of it because I have so many friends there but I would never trust their government.

Jorg Molt was recently ridiculed on Twitter for claiming to be a co-founder of Bitcoin despite no one ever hearing of him. Today, he tweeted that Bitcoin’s price should recover because he just made an apparently large purchase.

Early this month, BeInCrypto reported on a new ‘fake Satoshi’ named Jorg Molt. Introduced at the SIMS convention at Symbiosis International University as the ‘co-founder of Bitcoin,’ Molt has since then stuck by his story. Despite being ridiculed on crypto-Twitter and beyond, Molt maintains he was present at Bitcoin’s founding, and subsequently claims to own 250,000 BTC.

Source link here

The first time I heard of the new Faketoshi himself, Jorg Molt, he was confronted by my man, I repeat! My man! Ken Bozak. Ken was in a blockchain conference where he took a video of himself pointing to Jorg Molt, the self-proclaimed new Faketoshi, saying that he is a scammer. I just watched his entire clip on Twitter, where they even took Ken's cap.

My man, Ken Bozak, was brave enough to do this to really expose Jorg "The New Faketoshi" Molt. I met Ken personally at Token 2049 Hongkong, and he was a fun guy to talk to.

So the new Faketoshi claims that he owned a whooping 250,000 BTC? Are you freaking kidding me man! Since I'm active in conferences, I would not hesitate to take a selfie with Faketoshi saying "I'm a huge basher of yours!" before pressing the button.

People have the worng ideas for earn free bitcoin without work, if you want earn free bitcoin then you need more skills with hard working. There are a number of ways in which you can earn free Bitcoin, but for that you need to be competent in those things and work hard:

1. Writing about Bitcoin: If you have skills about bitcoin with the cryptocurrency market industry General knowledge then you can share and also earn bitcoin.

2. Micro Earning : Micro earning websites pay you in Bitcoin for completing small tasks. In return you can get a (very) small amount of Bitcoin.

3. BitcoinTalk Signature Campaigns: This is the most and popular ways you can earn more bitcoin with your expensive skills. If you want participate signature campaign then you need good rank and high post quality. Because here campaign manager will be follow your post quality so knowledge must have the crypto world.

4. Paid-to-Click PTC Websites: There are many PTC websites that will pay negligible amounts in Bitcoin for clicks and views theirs adds
This website allows users to choose between viewing ads that are 5 seconds, 10 seconds or 20 seconds, with different fees being awarded for each but you need to searching trust proof site with payment proof.

5. Bitcoin Trading: There is lot of potential to make money on trading in Bitcoin, but it takes a level of expertise and knowledge about the bitcoin market.

6. Bitcoin Investment : If you can be patient then you can make a lot of profit through the investment of Bitcoin. When the price of bitcoin goes down, you can buy and hold bitcoin and if you have enough patience time then after you will earn extra bitcoin profit.

Thanks to all..

Bitcoin and leading cryptocurrency prices have taken a major hit over the last couple of days. As you might expect, there are no shortage of volunteers to deliver its last rites given the recent volatility.

Over the last 24 hours, Bitcoin has shed around $14 billion from its total market capitalization. This has brought the price down to around $7,180 at the time of writing.

Source link here

For the 378th time, Bitcoin is dying.

I’ve seen a lot of news over and over that “Bitcoin is dying for the XXX time”. I wish somebody from the press would actually have a different kind of headline such as “Bitcoin was resurrected for the 378th time”.

At the end of the day, you can’t kill Bitcoin. It may have died 378 times, but was resurrected 378 times as well.

It’s like we’re playing a Playstation “Bitcoin” game with Gameshark cheat codes enabling “Unlimited lives for Bitcoin”.

I can’t wait for Bitcoin to die (and resurrected) for the 379th time.

This entire bitcoin space breeds greed, envy, fear, and lust. All you of hodling bitcoin are mentally ill. You have been conned into thinking bitcoin is going to the moon. It's not. Charts show bitcoin is slowly bleeding to death. Bitcoin is no different than Bernie Madoff's Ponzi scheme where new bag holders are needed to pay off the earlier investors.

Mass adoption of bitcoin will never occur. Sorry! The price is far too unstable to be used as a form of payment. Businesses would get crushed if they took bitcoin as a payment due to the wild price fluctuations. Then you have to worry about the IRS on your ass to pay taxes. Is hodling worth the stress? Absolutely not. That's why women laugh at bitcoin and think it's a scam. Notice the crypto space is all dudes?

Say what you will about the US dollar, but it's still backed by a democracy and the most powerful military in human history. Accepted everywhere. Bitcoin is backed by absolutely nothing. Gold is backed by 5000 years of history of holding value, and is recognized worldwide. Women love gold. It's beautiful and tangible. A real asset worth owning.

I'm sorry, but you HODL'ers are mentally ill and are going to get crushed when bitcoin collapses in the coming recession. Bitcoin is going to get dumped fast as people need money to pay bills and survive. If you bought bitcoin early and already cashed out with gains, you are a wise investor and have my respect. If you're still hodling, your finances and reputation are on the line here. A reputation with your friends and family you can never get back. Don't risk it. Dump your bitcoin now before it wipes you out!

I don't want to open up another gold vs bitcoin thread. I'm just curious because I read an article that discussed whether we should be preparing ourselves for an upcoming recession by buying bitcoin or gold:


https://cryptotradernews.com/cryptocurrency/preparing-for-a-recession-bitcoin-or-gold/


Thoughts?


I think the next recession won't be as big as the 2008 one (which, to me was a depression). Hence I'll stick with Bitcoin for now.

Yesterday the police closed down Binance office in Shanghai. According to Cointelegraph this was the reason bitcoin price went down. I'm not 100% sure about it, but this news definitely influenced the market.

Love when people say it's dead.Crypto is only 1 decade old. Just imagine a few years or decades more. Patience could really pay off on altcoins. I see it as a once in a lifetime deal. HODL, if you have money . Who risks nothing has nothing. It could happen again be ready or not.

I’ve tweeted @bitcoin for permission to use their bitcoin logo on a t-shirt. Waiting on a reply. If perhaps it was missed or something. Is there any other way to request permission from bitcoin.org?

Remember how people and media outlets were talking about Bitcoin in the first years.
After 10 years we have been able to make the governments afraid of this decentralized system giving back the real power to citizens.10 Years is short. And they now see it as a real threat to fiat, that's why we're seeing them creating in hurry all kinds of (sometimes senseless) regulations.
If you notice nowadays, their plan is to make their State-coin but it won't change anything. Once people will realize the decentralization side it will be too late.


I'm only aware of https://bitinfocharts.com/bitcoin/ It gives some stats like the Reddit subscribers, tweets per day, etc. You can use socialblade if you want to check a specific account on Twitter/FB/Insta, etc. It's usually what we use in social media marketing or community management.

As for Bitcointalk stats https://bitcointalk.org/index.php?action=stats

In 2010, you came across a site that was giving away bitcoins. The site said it was free money so you signed up. You were logging in to figure out how it was money but couldn't. The last time you logged in you had more than 100 bitcoins. Later you forgot about the site until 2017 when a ponzi was advertising Bitcoin. Bitcoin? The name rang a bell and you stated hearing stories. You remembered you must have many bitcoins  somewhere but you can't even remember the name of the site. How would you recover your BTC?

It will not be killed but atleast we have already an option now to stay away from banks that feels that we are so entitled to please and wait for our turn to give their service to us. We're so done now in long ques and many times of lag and maintenance of their mobile banking. I'm trying not to use banks every now and then in sending payments or paying bills but there is still need for ATM Machines for some cash. Soon if bitcoin ATM will be present in many area I can say that many will be curious and might switch into it than banking.

What is Bitcoin?
It was the first cryptocurrency created by an anonymous person named Satoshi Nakamoto in 2009.
If you look at Satoshi Nakamoto's paper, you can see the distrust of a third party in financial transactions, the credit agency. The trading system works well enough, but it still has the inherent weakness of a credit-based model and is vulnerable to hacking.
In addition, the costs of arbitration eventually increase transaction fees, limit the minimum amount of transactions to prevent the possibility of small transactions, and even non-recoverable services, resulting in more costs.
Bitcoin is the biggest difference from ordinary currencies, which do not have a proprietary This makes it useful for two uncontrolled and voluntary traders to make direct transactions without third-party credit agencies.
The development of Bitcoin is a reaction to the monopolization of currency issuance by central banks and arbitrary monetary policy in the name of monetary policy.

As I said in the previous article, because the nation can control the value of its currency, problems such as hyperinflation, deflation, and quantitative easing can arise, and problems are already becoming serious enough to be seen on the news, most countries in Europe, most of South America. And as I explained in the other article in the way that money is made, the bank has already made a loan to the extent that it creates a credit bubble. A case in point is the 2008 subprime mortgage crisis.

By definition, Bitcoin's official site is defined as follows:
"Beatcoin is the first cyber money to realize cryptocurrency created by Satoshi Nakamoto in 2009. Bitcoin's transactions are made by P2P-based distributed database using public key encryption method. All transactions are open and work proofs (POWs) prevent heavy welfare output. All transaction records are stored in the database and use Merkel Tree to reduce the size of the"

The relationship between Bitcoin and Blockchain?
The block, which is named after it looks like a block, and each block is connected like a chain, so it is called a blockchain.
And what's called a block is a data, a structured space, where the transaction details are aggregated, and it's completed one every 10 minutes, spread across the cryptographic network, and the N-block, which is generated, proves the integrity of the N-1st block. Bitcoin combines a distributed database function called blockchain with encryption.
The biggest characteristic here is technology.
Blockchain distributes the ledger recording transaction information to Peer to Peer network, not to the central server of a specific institution, including financial institutions, so that the same transaction books are kept by multiple users, and it is impossible to manipulate or falsify them. The above information is the same as other cryptocurrency.

In other words, when trading with cryptocurrency, it's recorded in the open book with blockchain technology, which is encrypted and stored in a public key to ensure security and anonymity. Although the central agency does not record or store the transaction details, the transaction is proven by joint storage and final approval by network participants using P2P technology.
  


What is cryptocurrency?
A monetary system that uses encryption technology in the process of issuing and approving transactions of money, unlike a traditional central system (Central Bank, Government).
You can trade individuals with individuals. This currency was created using an open-key encryption method to respond to distrust of existing financial institutions and rising uncertainties in the financial market.
Therefore, what we call cryptocurrency, not virtual currencies, is more accurate.

So what's mining?
I talked about the volume of the issue earlier. The central bank issues money, but Bitcoin is limited in volume.
So who's issuing it? Bitcoin is similar to gold, which is issued and obtained by mining. This mining is not just responsible for the supply of currencies, but also for the guarantee of transactions.

To obtain one bitcoin, you need to solve the problem of Hardcrash, and you can mine bitcoin using your computer or using Asic.
To solve the above problem, you can calculate the hash value of the new block by entering the immediate hash value, the unapproved transaction record, and any number called the nonce. When a new block is created, it is fixed unless you reverse the process again, and if you want to change the block by forming a chain, you must re-fix the old and new blocks.
Solving the problem and creating a new block to obtain bitcoin as compensation, this is important to prevent falsification of transaction history data (for counterfeiting, you must simultaneously falsify linked and emerging blocks).

There are various forms of mining, such as POW, POS, DPOS, etc., which are the above proof of work.I'll explain.^^