Banks right now are investigating the blockchain technology and what your friend meant about blockchain will be commercial is that it will be used by banks, institutions, and many more in the future to lessen their expenses and minimized their profit. It might also be used by money sending services in the future to ease their money transfer. If this happens though crypto-currency will not be the only one using blockchain tech, and those people who use bitcoin for easy transfer might switch into using banks and money sending services again.
I think so. blockchain tech is getting popular in banks, institution, etc community because they see the excess or the good things of blockchain, and of course it will increase the feature of their companies, so they will use it for some commercial benefit. |
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Bitcoin marketplace is influenced by government regulations, supply and demand, FUD, hype, Adoption News, development and Market manipulation. We all know that there is a possible whale controlling the bitcoin price. Whales can easily make Bitcoin price up or plummet it, depends on what is beneficial to him.
Agree with your point of view. Bitcoin is a relatively mature market, but if bitcoin can gradually improve the market trading rules, then bitcoin may become the world's most influential and investment value of the capital market, it is worth looking forward to! yeah. those all influence bitcoin marketplace. however, demand and supply are the most influenced one. the theory is just like the other marketplace that demand and supply influence the product even there are still another factors, but they are the most affected. |
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There are many crypto now, maybe crypto what do you mean? Not all crypto has a good performance, the future crypto will depend on the their performance. But I think crypto that has a good performance like bitcoin will have a good future, we could become rich by using it. But to achieve a better future crypto should be developed, I believe if the crypto can grow will definitely have a good future, and prices continue to rise.
yeah, not all cryptocurrencies will be the future, probably some of them will die soon. but if the term "crypto" you mention refers to bitcoin, then it will be, imo. it just needs some time we cannot predict to be the future currency. |
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the choice is bitcoin. in my country gold is quite difficult to be protected, probably because it is a physical good. unlike bitcoin which we can save without paying some thing to protect it because it is invisible, so it will be difficult to find it (for some people here)
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it is just like when you give a knife to someone, he will determine whether he will use the knife to cut fish to eat, or to kill people. and we are talking about bitcoin as a currency that can buy both legal and illegal things, can support you to do legal and illegal things. so it will depend how wise the owner to use it.
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Bitcoin is usually used by people interested in technology. I mean, persons with a certain technical knowledge are interested in bitcoin.
My observations are that way. I think Bitcoin needs to reach larger quantities. Can use bitcoin in people who are not interested in technology?
Can people use the bitcoin in the profession group like tradesmen, teachers, housewives, firemen, butchers? Are we going to see the days that these people use bitcoin?
yes. when I first heard about bitcoin and its tech, I did not really care about the tech. then I saw my friend earned money from it, so I was interested. if people just know that bitcoin is money, I think they will be interested in it. |
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have no idea about that. If I'm not mistaken, bitcoin is here as a competitor of banks. and their systems are different each other. so I don't really get it how banks be friendly to bitcoin. probably because I live in a small country and I find no bank is friendly to bitcoin, so I do not know such thing.
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it is good idea. I actually invest my bitcoin in an offline business. but it is a personal business, and I still develop it. but I think I want to develop it myself first then if it is possible I would invite bitcoin investors to join like you said.
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I didn't hear if the Mercedes-Benz accepting bitcoin and tesla is never making an announcement about they were officially accepting bitcoin for their payment. Especially for apple too.  it would be better to attach a link to the announcement, so people will not be doubt on you. if it is true, then it will be good because probably the other companies would follow them as you said. and it will make bitcoin be mainstream. |
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Hi,
i have found a wallet with 40 BTC.
The last transaction was 2011.
Can i take the money?
Or is it not legal?
Please Help!
Best Regards!
You found the keys to a car. Can you take the car? Is it legal? Don't be an idiot. The money is yours. It is not illegal to transfer bitcoin if you have the key to do it. Having the key means it is your bitcoin. Take it and transfer it to another address before another key holder does that. Not really, what i would do is to donate 39 BTC to people who needs it. Like donating to projects everyone use, but no one donates to, like UNOMP, BCOIN, and many others. I would keep 1 BTC as a reward for fair distributing the funds. But the question is, how did you found a private key in a forum, with 40BTC in the wallet ? normally as it is existing since 2011, it should have been aleready emptied. it is still illegal. who knows that one day, the owner want to take his bitcoins, but he finds it nothing. I just suggest you to look for the owner and ask for permission, or people who knows him. because there is also the other possibility why he doesn't take the coins, that is death. however, taking the other's stuff without permission is illegal. |
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that is nice to hear such news. the thing is in government service. it is really good. but I think it is not that easy to legalize bitcoin in order to change the payment method or just add it. it does not really matter anyway. and probably it will motivate the other country to follow this country's stepfoot.
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when it is war, I think people who face it do not think much about money, but they think how to survive and escape from that war. probably money can save them by living in the other country. however, people are panic, and probably will panic sell in order to buy sonething or to move to the other country, so the price would increase. but I think it will not affect much on bitcoin network.
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In the next halving the block rewards will be turn into half then the mining difficulty will be higher again and it may affect the price because the supply is being lessen again. If the price won't adjust to a profitable one then the miners will decide to abandon bitcoin but i hope that will not happen. If the bitcoin are all mined then we will just rely on the supply in the market and the thing that i'm sure is the one who will win the game is the one who got the most of the supply.
it is possible things that we will face after halving. many people are waiting for halving because it means 'price will go up'. I think many bitcoin users dream of it. it is good in a particular context, but bad in the other side because bitcoin to be mined will decrease. |
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nice speech. at least I can open my eyes to see a few hidden truth. I wonder, even if things are getting worse, why don't you want to see it until the end? who knows that bitcoin will be better than this? and probably your prediction is wrong.
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There is more than one address in a wallet. We can receive different payments using these addresses. But all the pays are in the same wallet. When we make an address payment, we will send our through which address.
For example, MyWallet is my purse. I have my A, B, C, D addresses in this wallet.
A: 0.2 BTC
B: 0.1 BTC
C: 0.7 BTC
D: 0 BTC
MyWallet: 1 BTC
I want to send the address bitcoin to D. Now when I write address D in my wallet, 0.5 BTC will be sent from which address.
While you can do it, as you have seen from the posts preceding this one, why would you want to do that? All those addresses come from the same SEED and/or all share the same master public key. In fact on most of the better wallets when you send coins from one of your addresses, ANY coins left in the sending coin address are automatically moved to a new "change" address (Electrum as example). Still, I can visualize why you might want to move coins from a publicly available address where you repeatedly receive coins. There is NO harm in simply moving them to another address in the same wallet. Just remember that all those addresses are mathematically related, should the MPK ever get discovered, OR if someone does a trace through the blockchain to follow your transactions from that one initial address. You may not care about this, but for some, this it a factor worth consideration. Just sayin!! I think having many addresses are for many account too. one account for one address. probably farming. imo. but if those addresses are for farming, a few people can detect that those addresses from the same wallet. but if you want to just make it cool to have many addresses or to differenciate your income, it does not matter anyway. |
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Adjusted for inflation or not? There's the guy that paid 50,000 btc for a pizza back in 2009 ($52,630,000 rn)
it was 10,000 bitcoin, not 50,000. I also remember it when I read the question. It was funny actually. and I find a yacht priced at 22305.134 BTC ($11000000). but it was 2 years ago. |
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How do you currently store your coins? I store it on an online wallet even there is a way safer. but I never put any bitcoin on an exchange. many people say that it is dangerous because of scamming or the other reasons. So if you are going to save many bitcoins, I suggest you to save it on an offline wallet. |
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Normally, after the person is kill, the wealth remains with the family. It is easy to share assets such as houses and cars. But what if the property of the person is bitcoin? What if the deceased person is not saying the seed words?
What solution can be applied to this?
the solution is pretty simple, you leave the private keys, seed, encryption password you used in your will written for your family. then when you died they open up your will, read it and they can recover the coins to use. p.s. that is assuming you have a will and your will is not going to be opened before you die. but sometimes there are a few people who do not do such thing. it will be difficult to get that bitcoin. or you also can give private keys, seed and encryption password to one of member of your family or two. and choose the trusted ones. |
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yeah even some arab countries are showing some interest in bitcoin especially the gulf countries , and this may be a great sign cause there are many millionaires there who may take this opportunity
in general these trends are due the last price , cause nothing changed in bitcoin except the price and now more online networks are covering it
yeah, sadly this part is true. the increased interest is because of the price rise and not the fact that people suddenly found bitcoin as a good currency. i wish there was a way to find out what exactly they are searching about, the suggestions google is listing at the bottom seems to be similar searches not what those searchers were interested but it is interesting that everyone has been searching about price and investment about bitcoin. I worried about it too, that their interest just because of the rising price of bitcoin. This few weeks I also see many ads about bitcoin. I think those ads lead those people to be interested in bitcoin. well, it does not really matter because when they know what bitcoin really is, their interest will probably increase. |
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