Bitcoin Forum
June 08, 2024, 01:33:17 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 »
21  Economy / Economics / Re: Bitcoin is useless on: January 23, 2018, 04:18:49 PM
Bitcoin`s price has gone out of reach of common investors. Bitcoin`s volatility has increased a lot as a result many investors are avoiding bitcoin currency. Transaction settlement time and settlement charges are also increasing. Some countries are trying to regulate bitcoin currency; if they get successes then people will lose interest from bitcoin. If all these things continue and bitcoin community fails to take a note of it, bitcoin`s popularity will go on diminishing, and one day it will become useless. 
22  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Countries' Strict regulation and Ban will kill Cryptocurrencies? on: January 23, 2018, 01:40:51 PM
Countries like China, Japan, and Indonesia earlier welcomed bitcoin currency. They have supported cryptocurrencies by allowing them to function in their economy. Later on these countries try to regulate these decentralized cryptocurrencies, but when they found it impossible they banned cryptocurrencies in their economy. Their ban affected cryptocurrency badly resulting in sharp roll down in their prices. Still European countries have no problem with bitcoin currency, if European countries started banning bitcoin then bitcoin will get eliminated from currency market.
23  Economy / Economics / Re: The markets are finaly stabilizing. on: January 22, 2018, 04:18:23 PM
Bitcoin was near $1000 a year ago in December, it has crossed $19000 mark within a year. This sudden rise was surprising. Soon profit booking started and its slipped down below $10000. Bitcoin again recovered and now settled near $11000. All markets of the world shows down trending in the month of December every year. By the mid of January they recovers and stabilizes to its real price. This happens every year due to festival & xmas season.
24  Economy / Economics / Re: Bitcoin Will Change Everything on: January 22, 2018, 02:24:02 PM
Bitcoin will change everything? Everything means? Bitcoin is in currency market since last nine years. But bitcoin as a currency is not that popular. It has changed nothing in currency market or in fiat currency market. Its use in day to day transaction is quite less all over the world. But bitcoin has changes life of many small as well as long term investors; it had given huge returns on the investments, they have ever dreamed about. It is a good asset or a tool of investment. Bitcoin is still young in nature, it has long way to go. It has not even reached to all parts of the world. Unless otherwise it reaches to most parts of the world it is difficult to calculate its success.
25  Bitcoin / Bitcoin Discussion / Re: Is Taxing Bitcoins Possible? on: January 22, 2018, 01:55:15 PM
Taxes are the main source of income for many governments. Bitcoin is a peer to peer operating decentralized currency. So it is difficult for a government to find bitcoin users and tax their income. All bitcoin transactions are autonomous in nature; no third party intervention is possible. Bitcoin investor or bitcoin user can come under tax radar only when they convert their bitcoins into fiat currency. At this time government can impose taxes on the income generated from bitcoin currency. In India and USA governments have already started taxing income from bitcoin currency, irrespective of its legal status in their region. So it is recommended to pay tax while converting bitcoin`s.
26  Alternate cryptocurrencies / Speculation (Altcoins) / Re: eth going strong on: January 21, 2018, 03:15:04 PM
Etherum was around $300 in the  month of October 2017, it has made a remarkable progress in the last three month and reached a high of $1348 in the month of January . Bitcoin`s volatile nature, its ever rising price, use off bitcoin in illegal trades, ban by many countries for various reasons. These all points are making bitcoin users a little upset. As a result they are diverting their investments towards Ethereum. Ethereum is more stable, less volatile and safer than bitcoin currency.
27  Economy / Economics / Re: could bitcoin be replaced by another crypto currency? on: January 21, 2018, 02:51:05 PM
Many currencies changed their forms from time to time. Some currencies get replaced by new currencies over period of time. Bitcoin is the first digital currency introduced in 2009. Many altcoin also get introduced over a period of time following bitcoin`s footsteps. Bitcoin is a decentralized and most volatile currency, due to this it is difficult for countries to trace bitcoin users, and many countries are banning bitcoin currency for security reasons. In this situation Altcoins can be a good substitute for biotin currency. Ethereum is a quite popular cryptocurrency. It may overtake bitcoin currency in future.
28  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Future of altcoins without Bitcoin on: January 21, 2018, 01:01:06 PM
Bitcoin is the mother of all cryptocurrencies, bitcoin is the first cryptocurrency introduced to the world. Many altcoins get introduced in the market after bitcoin currency in 2009. Bitcoin has huge influence on altcoins, bitcoin currencies are more or less similar to bitcoin. Altcoins works under the shadow of bitcoin currency. It has proven from the last records that altcoins`s growth completely depends on the growth of bitcoin currency. Alitcoin`s have potential to prove themselves in crypto market. But currently bitcoin is the only motivator for bitcoin currency.
29  Bitcoin / Development & Technical Discussion / Re: Which types of wallet better for bitcoin? on: January 07, 2018, 03:00:18 PM
Cold wallets are better and secure for bitcoin. As stated in one of the above post ( which give most important and detailed information about wallets and its types on the basis of securities and working ) cold wallets work offline and hence secure and not susceptible for hackers attack. Hot wallets work with online and from any part of world so they easily susceptible for attacks of hackers and hence one can loss bitcoin.
30  Bitcoin / Bitcoin Discussion / Re: What should I do to get bitcoins? on: January 07, 2018, 08:37:59 AM
As you are student, firstly you must understand all process related with bitcoin, improve your knowledge then go for earning bitcoins.
For student like you to earn bitcoin signature compaign is the better way. That not only help you for earning bur also increase your knowledge. But here also first you have to gain information about bitcoin to start.
In other way, if you have amount fiat currency then you can convert it to bicoin, that will help you to earn more.
31  Economy / Trading Discussion / Re: did you place all your funds into bitcoin? on: January 07, 2018, 04:28:01 AM
Yes it is risky to invest all your money in bitcoin. As value fluctuations seen with bitcoin is much high and hence risk. So it is not at all good to put all your eggs in one basket. Rather than this you should invest some amount in bitcoin and other in all other altcoins. That gives you better profit as well as lower risk of loose all money at a time.
32  Economy / Speculation / Re: Holding will be a risk or not?? on: January 06, 2018, 01:02:07 PM
I think, investment in bitcoun is always good, as it will give you better returns as compared with any other type of investment.
But investment in bitcoin is much risky too. Its market value fluctuating all the time and its value depends upon many factors like government regulations.
In other view to decrease risk, you can start investment in small amount. Otherwise you can prefer altcoins, having top most in list and lower price. Altcoins also have bright future. For example ethereum having stable growth that lowers risk.
33  Economy / Economics / Re: Best tip on saving money on: January 05, 2018, 05:14:54 PM
Best way to save your money is to invest it in bitcoin that will give you better returns. Or buy bitcoin from your money and hold it for long time. You can start investing with small amount and the step by step increase it.
Also you can save your some fixed part of monthly earning to saving bank account, it is safe but didnt give you good returns on your money. Also banks frixed diposite option is their.
34  Bitcoin / Development & Technical Discussion / Re: Which types of wallet better for bitcoin? on: December 08, 2017, 11:15:13 AM
Which types of wallet better for bitcoin? which wallet better for bitcoin secure

Their are many wallet available in the market. For desktop wallet I would suggest you the bitcoin core. Bitcoin core is the first and original wallet. It is safe and secure but it required lot of space upto 65 GB. another is multibit. It requires only 30 MBs so you can use that. Talking about mobile wallet mycelium.mycelium is one of the safest and recommended wallet. you can surely go for mycelium. If you want online transection then you can go with bit go, green address. Hope it will help you  Smiley
35  Economy / Trading Discussion / Re: what is the right time to cash out? on: December 05, 2017, 12:26:04 PM
I was so nervous that when bitcoin price dropped to 6000$ I was scared to loose more and withdrew my coins only to regret later that it became 8000$.
Please help me with your advice /opinion.

That was huge mistake but its ok. But now onward you will not repeat it. If bitcoin is dropping its price doesn't mean it will not recover .It will recover for sure not quickly. It will take some time but it will surely get back to track. You have to be calm and wait for it .As you look at the bitcoin graph its increasing its value. If you dnt need money then dnt cash out it ,keep it .It will surely give you profit. Smiley
36  Alternate cryptocurrencies / Altcoin Discussion / Re: why so many altcoins? on: December 05, 2017, 12:16:19 PM
hello!

why are there so many coins to choose from, do they really each have something unique about them?

Yes, their are many coins available in market but you have to careful if you are going to invest in it. Altcoin is one of the currency which is trending nowadays and setting its own place. And each currency has its own value . Nowadays as per my knowledge bitcoin is on top then altcoin and so on. This cryptocurrency gives really good profit if you invest in proper manner. It is really easy to understand and work on it. Smiley
37  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: November 13, 2017, 08:40:09 AM
Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?



Basically, bitcoin has many benefits  and advantages as compare to another currency. If you use bitcoin for transferring money then it is really quick and cheaper then other transection options. Bitcoin gives appreciating value and the graph of the bitcoin is constantly increasing.
No matter from what country you are belong and what your age is you can open bitcoin account. It doesn't required ID card, passport or any address proof to open account. So their is many advantages of bitcoin. Smiley
38  Bitcoin / Mining support / Re: What is Bitcoin mining? on: November 02, 2017, 04:45:37 PM
Hello, I have a question,
what is Bitcoin mining?
actually can anyone explain that what is bitcoin mining?
or any source link or article where I can find my question perfect answer..
Your kindness.

Basically mining is the process of adding transaction records to bitcoins investor journal of past history. Mining  build the network. Without mining their is no network and it will have zero value. You can say that bitcoin is dependent on mining. when you run the mine bitcoins then it is measured in hashes per second. Mining is used to introduce bitcoin in the system. Their is many types of mining like CPU mining, FPGA mining, pools, cloud mining etc. Hope it will help you. Smiley
39  Economy / Trading Discussion / Re: Bitcoin or altcoin, which is better to invest into now? on: November 02, 2017, 10:11:24 AM
As Bitcoin keep climbing and altcoin keeps going down, is it better to invest in bitcoin or altcoin now?

You need to search and invest properly. As you know nowadays bitcoin are more popular than the altcoin as more people are investing in it. And the history of bitcoin is more popular than altcoin. Altcoin is really risky to invest in it if it goes rite then you can have huge profit. On the other hand  bitcoin are comparatively less risky but it can surely give profit. Bitcoin are more time consuming then altcoin. So according to my knowledge bitcoin is much better then altcoin.
40  Alternate cryptocurrencies / Altcoin Discussion / Re: Electroneum Price Speculation on: November 02, 2017, 09:23:31 AM
Electroneum is one of the best succssful ICOs. In fact, it is the biggest so far. Now that the ICO is finished, what is the current price of Electroneum and what do you think of its value after 6 months to 1 year? Is it better to HODL it? What do you think?

Electroneum is new alternate currency. So as guess I think by 2020 it will reach around 10$. And it will go higher by the time but now it will gate low by this year. IN long time their is chance to have great profit. No one can give you assurance of the price. Because nowadays more people are interested investing into bitcoin. So the affect of it as the price may go down. Smiley
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!