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Its one thing to lose your wallet login details and another not remembering the exact password you used. But personally, the problem i always have with people forgetting their password or lossing their password is that, how can you lose the password to the wallet containing money (bitcoins to be precise)? This tells me that you don't value the bitcoin you own in the first place and don't believe that its the future of money.
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Why do some government officials have low level of thinking and understanding? So they want to tax bitcoin miners or who? Most government officials are always thinking of money and how to find a way to rob people of their money. Its high time we in the crypto space make these people understand that we gave them the power.
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I would like to get a wallet on my computer and be able to send BTC with small fees.
What is the best approach to this?
Electrum is the only bitcoin wallet so far that has smaller fees compared to other wallets. With Electrum, you can send a bitcoin worth $1 and pay a transaction fee worth 0.5 cent. You can install electrum both on your pc and phone. Personally, electrum is the only wallet i have used which has the lowest transaction fees. |
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I'm very surprised why people still believe that Craig Wright is Satoshi Nakamoto. This Craig Wright person is an attention seeker and do not know anything about the development of bitcoin . He just wants the attention of the entire world and the crypto space. |
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It's been 11 years since Bitcoin's inception, where it has become an extremely popular cryptocurrency used by people worldwide. Many governments, central banks, and even mainstream businesses and companies have become interested in grasping the benefits provided by Bitcoin's Blockchain technology. As a result, we've seen many positive comments from popular figures like John McAfee, Elon Musk, and even Jack Dorsey talking about Bitcoin. However, only a few seem to use it in their daily lives. Imagine someone famous within the mainstream world showing him/herself using Bitcoin in a Hollywood movie or even in public. We may be still far from seeing this become a reality as Bitcoin is still not scalable for the world yet (the Lightning Network is under active development). Maybe after micropayments become viral on the LN, we'll be able to see more celebrities using Bitcoin in public? Average people in the mainstream world would surely use Bitcoin for their daily lives if they see someone famous patronizing the cryptocurrency. Do you think celebrities in the mainstream world are still using Bitcoin for their own benefit? If so, which famous people are deeply into Bitcoin right now? I'd love to see someone like Keanu Reeves, Microsoft's Satya Nadella, or even Apple's Tim Cook using (and patronizing) Bitcoin someday. At such degree, I think Bitcoin would've reached massive adoption within the mainstream world. Thoughts?  Why are people so concern about celebrities using bitcoin? A lot of these people do not understand what bitcoin is and it's purpose in the financial ecosystem. All they see is an asset that will make them huge profit. These people will not add any significant improvement into the bitcoin market and ecosystem. |
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The profitability of investing in any altcoin whether Ethereum or Bitcoin Cash all depends on the investment plan and strategies you have as a cryptocurrency investor. With a good investment plan and strategy, a small change or increase in the market value of any altcoin you invest in can produce a good amount of profit no matter the altcoin you are investing in. Its all about the investment plan and strategy not the coin you are investing in.
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What can we do to help stop these from happening and getting worse?
The basic solution to any crime is the prevention of the crime from happening. In terms of crypto crimes, people in the crypto space need to simply understand that the entire crypto ecosystem is not a get rich quick ecosystem. Because most of these crypto crimes are usually projects that trick people into believing that they could double their money just by investing into their project or product. People should actually understand that nothing really comes easier and cheaper in the crypto space. People should rather find more information about any project before putting their money into it. |
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Looking at the way the year 2020 has begin, there are high possibility that this year might actually be a good year for Altcoins. But all the same, the year is still too young to conclude on this. We just have to wait for the year to get a bit older. So far so good, the altcoin market looks good. I hope it continues throughout the year.
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Considering the nature of the altcoin market, holding unto a particular coin for more than a year will not be the wisest investment plan. The entire nature of the altcoin market is suitable for daily trading or margin trading rather than holding the coin for more than a year. It might be worth less than the initial amount you purchased it. The year 2018 and 2019 are typical example of how it is unsafe to hold altcoins for a long time.
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Hello, I would like to know which projects have really achieved their goals after an ICO/IEO/ITO. Is there a page or statistics about it?
The basic truth of this is that, in this crypto space, there are no specific body in charge of analyzing the progress of crypto projects. And a lot of these crypto projects do not make their progress public for people in the crypto space. Due to this, no one can actually give a vivid analysis of the outcome of a crypto project. |
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The Aussie dining app Liven lets you earn digital currency each time you pay at a restaurant – and it's now integrated with Apple Pay
Aussie dining rewards app Liven is now integrated with Apple Pay.
Liven lets you pay for restaurant meals through its app and earn its digital currency (LVN) as a reward. You can earn between 10-35% of your bill in LVN digital currency.
And now Liven is integrated with payments platform Apple Pay, which is designed to speed up the payments process and add another layer of security for customers. The company said it is the “world’s first loyalty and payments app to support Apple Pay with invisible payments”. You can also link your bank card to the app.
“It’s a wonderful experience to tap once in Liven and then walk out of the restaurant with your phone in your pocket and know that the bill will be taken care of. It’s just like getting out of an Uber and not worrying about payment,” Shahrooz Chowdhury, Liven’s chief product officer said in a statement.
Chowdhury added that the integration will help benefit business owners. He highlighted the statement from Restaurants and Catering Australia, which called on Aussies to either pick up their own food or dine in at restaurants, rather than using a delivery service.
“It’s no secret that takeaway giants are taking huge commissions from local businesses,” Chowdhury said in a statement. “We hope that our unique integration with Apple Pay helps to give the power back to Aussie business owners by getting more diners through the door and offering them ultimate convenience, rewards, and payment flexibility.”
Liven was launched in 2015 and is available in more than 1,000 restaurants, cafes and bars in Sydney, Melbourne and Brisbane. Some of these eateries include Din Tai Fung, Gelato Messina and 8bit Burger.
The company – which won both the blockchain and digital currency vertical in Sir Richard Branson’s 2019 start up competition Extreme Tech Challenge – has more than 600,000 users on its app, according to Chowdhury.
Chowdhury told Business Insider Australia the percentage of digital currency you earn is mostly determined by the restaurant. He added that the company’s algorithm also factors into it as well, for example the frequency someone uses the app could also determine the percentage. Chowdhury added that Liven’s digital currency can be used at any of the restaurants it is available in. You can also transfer it to your friends or even a charity of your choice.
Chowdhury added in a statement that the integration with Apple marks the beginning of Liven’s roadmap of “disrupting the world of payments” in the next 12 months.
“Users can expect to see more dynamic rewards that energise the marketplace, personalised discoveries tailored to preferences, and more gamified elements, that distance Liven payments from traditional app and card payments,” he said in a statement.
“We’re building the future of money where currency has its own memory and intelligence and innovating the in-restaurant dining experience, and it’s only just the beginning.”https://www.businessinsider.com.au/apple-pay-liven-app-australia-dining-2020-1 How authentic is this news? I think you should try and get different source of information regarding this news. One source can't be enough to prove the genuineness of this news. Personally, i have not seen any news regarding Apple announcing partnering with a crypto project. I stand to be corrected.. |
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Personally, i don't really think Satoshi Nakamoto developed Bitcoin to place fiat currency but rather introduce an alternative way people can easily send funds without any third party involvement. Considering how blockchain and Bitcoin were designed, these inventions were meant to bring decentralization into our financial ecosystem rather than replacing fiat currency. Bitcoin needs fiat currency to exist, without it bitcoin can't exist.
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Why on earth would Bitcoin be considered a hedging instrument? It's literally one of the most volatile assets on earth, definitely not good for hedging...
Maybe you could use something like short Bitcoin futures or options to hedge your spot positions, but I wouldn't recommend using these to hedge positions in other asset classes, unless you're talking about hedging against a declining economy in general.
But that's some way off and probably not what most BTC investors consider when first getting into the market.
This is exactly my point. People are so interested in making and giving some qualities to bitcoin without knowing the purpose behind the development of it. Bitcoin is just a financial entity meant for the exchange of goods and services just like physical fiats like US dollars. People need to understand the reasons behind bitcoin before making unnecessary comparisons |
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Since ages, people keep debating - will BTC pump? Will it go to the moon? Will it drop?
I'm asking myself what's the purpose of these questions? BTC wasn't created to compete with the value of USD or other fiat currencies, but to replace them completely. Therefore, if people would just think prices for various stuff in BTC, instead of calculating them in the BTC value compared to USD, all these questions would be irrelevant.
Think just that 1BTC is equal to 1BTC, not to its value in USD. Take as an example what happens in this forum with the price of VIP account: it was 50BTC since the beginning and it remained 50BTC, no matter the value of BTC in USD. Because the price was calculated in BTC and not in USD.
And even if we would think about the value of BTC in USD: it is 8000 times more valuable than USD!!! It is world's most valuable currency! It actually crushed the USD! So why does it matter if it is 8000USD or 1000USD? Even if it was 1000USD, it would mean it is 1000 times more valuable than the dollar, right? Even if BTC was valued at 2$, it would be twice as valuable compared to USD which is world's most important fiat currenct.
You have a very valid points there but the truth is that, we live in a world where the value of everything is rated with the US dollar. People always prefer to determine the value of anything in US dollar since its kinda the standard of almost currencies in the world. There is no way the value of bitcoin wouldn't be evaluated in US dollar since its a worldwide used fiat currency in this world... |
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People should understand that Bitcoin is not for everybody. A lot of people living in US find it difficult to accept the nature of Bitcoin as a financial means of making transactions or storing fiat digitally. People see the tendency of them losing their money in the form of bitcoin easily compared to the existing online payment platforms. Personally, I think the above reasons are why 6.2% of US citizens own Bitcoin.
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In the below 6-minute video, it is explained why Bitcoin is a fraud where a gift record is falsely presented to the public as a market item. https://youtu.be/LlPwmW4XphEThanks for sharing this video. You should spend some time and read the whitepaper of Bitcoin to help you understand some basic concept of Bitcoin. But on a more serious note, how can i fraud be in existence for 10 years without experts proving that it is a scam? This shows that you don't have enough knowledge to make you understand and know what Bitcoin is ... |
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I expected this but didn't think it could be that soon. Craig Wright is just wasting the entire world time regarding his false reasons why he is Satoshi. These addresses prove nothing since anyone can easily get addresses that contain huge amount of Bitcoins. The entire crypto space needs more these addresses to prove that he is Satoshi Nakamoto. |
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Promoting Bitcoin is actually the responsibilities of us who believe and understand the true purpose of Bitcoin. If we don't promote Bitcoin, no one will actually do it. We need to make people understand what Bitcoin is and its true purpose in the financial ecosystem. A lot of people are misled on why bitcoin was developed. Bitcoin believers need to find a way suitable to them to promote Bitcoin.
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nowadays Satoshi's identity has turned into a source of income for different people! from these low quality website that keep creating clickbaits to the big scammers like CSW everyone is trying to make some money from it!
the worst part is that there has not been anything new for at least half a decade. everything is the repetition of all that has been rehashed a million times.
Exactly !mate, I don't understand why people still follow and believe anything others create or post about the identity of Satoshi Nakamoto. People need to know and understand that knowing the identity of Satoshi Nakamoto is not really necessary of mass adoption of bitcoin and it will not add any value of it. |
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Personally, i don't really understand why people always don't try to acquire knowledge and understanding about cryptocurrency and Bitcoin to be precise before making some statements and assumptions. The true purpose of bitcoin and Blockchain technology was to create a system where financial activities are decentralized which will introduce financial freedom to everyone. Bitcoin was not developed to solve financial crisis but rather to introduce financial freedom. |
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