We all know the advantages of BTC, but what are some of the disadvantages??
For me the disadvantages of bitcoin is that it is not legalized worldwide and some country want to banned it. Actually I read an article that telling that there's a possibility that bitcoin can be gone in some country like on my country because the people who make it are all gone. Some says it a scam that the money that they gave to people is the money that they get to us. |
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i think bitcoin will rise again,up to 1M in december hahaha,because last year bitcoin rised to 1M in december.
Yes I think there's a chance that the price of bitcoin will rise up to 1M because for now it is so famous and popular and there are so many people want to have it because they all know if they have it or work on it they will help it to earn an extra income and they can be rich and successful in a short period of time. |
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
For me yes bitcoin is really secure because how they made it if it didn't secure. It gives money or you can earn money on it like a job or work so I think that the person who made bitcoin he made bitcoin secure and he made it that no one can hack it or destroy it. There are so many hackers so I think that if all of the professional hacker here are try to destroy it I think there's a chance to destroy it. |
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Hey all,
Whats the best time to sell besides christmas?
I think the best time to sell it is when bitcoin is on a Higher price. Other users here are selling they bitcoin because there's an emergency they sell it even the price of bitcoin is low. If you sell your bitcoin on a higher price you can earn more money but for me it is better to sell it if there's and emergency. |
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given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?
home internet and mobile internet goes down
do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away
I think bitcion will gone if the internet goes down. Some others said that next year bitcoin has a satellite but it can affect the price of it so the price of it will be down but for me there's a possibility that bitcoin can gone even if have a satellite because how they can communicate or how they can do the process without internet. |
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Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
I think bitcoin is so expensive because there are so many people who want it and other seller accepting it as a payment. On the past the price of it are very low but now it's price are still increasing I think it is because the people now are investing more than on the past. |
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I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
I think some country didn't supported bitcoin because they all know that bitcoin for now is not legalized worldwide so they wait other country to approve it and when they are united it can be supported worldwide. Others think this is a scam because they can't believe that we can earn to it and they didn't know the process here. |
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The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  The advantages of having bitcoin is that you can be independent and you can start earning money by yourself. If you start working on it you can earn money and by earning there's a possibility that you can be rich and successful and you can help your family on your financial and you can supply your own needs. |
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I just came over from the 'Investor Games' subforum (hope I got that right). A guy there said he came across a site asking to double his bitcoin, he paid in $20 and got $40 the following day or so. He then went for a higher plan of $300 hoping to cash out $600 but they asked him to pay in another $300 before cashing out. He got confused and was asking for advice.
I think I've been there before. Before I became a forum member. I once came across one of those scam sites promising to generate bitcoins. Thought it was real, but when they asked me to pay some transaction fee, I was stuck. I had no money to pay the fee. With the benefit of hindsight, I know I'd have sent them the 'transaction fee' had I had the coins to send them.
Now, what have been your experience with internet scams?
How do we help people not to get scammed?
No I don't experience it that I've been scammed but for sure that if I experience it I'm surely I will feel down, I don't know how to get up and I don't know what to do. Some of the user here are professional in scamming because they all know the process here by just communicating with you they can get all of your information and there's a possibility that you can get scammed. |
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Which one suits you the most?
Actually I'm using an online wallet because for me online wallet is safest among all the wallet because if it is online it means that is a secure and many of the people are using this. There's a risky in an online wallet it is risky when you forgot your password because you it can't go back when you forget it because that is your fault. |
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Hello there one year ago i bought 3 bitcoins but lost them all in gambling... :'(nd now seeing the bitcoin price makes me cryy...
I have 1500USD right now...i am thinking to buy the bitcoin now whatever i can get with them
Should i buy now or not as bitcoin is reached its all time high and in to the moon...please advice me
Not you are not late to buy bitcoin now even if the price of it are so high. The money that you spend on it to buy it can be back if you are start to using it you can earn it. You still earn if you buy now because there's a possibility in the future the price of it will be very high that no one can afford it that is my opinion. |
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Bitcoin has become the world most valuable asset and the value keeps going higher! Why not we should focus on saving more bitcoins than selling our last remaining bitcoins? I read and hear from a lot of guys owning bitcoin saying, should I sell my bitcoins? The issues is, if you sell all your bitcoins when are you going to buy at lower price? There's no guarantee when exactly bitcoin price will surely come down. Share your thoughts about what you think guys.  We should focus more on saving bitcoins than selling our bitcoins because there's a possibility in the future that the price of bitcoin will increase in a Highest price that we didn't expect just like now the price of it are still increasing every single day. We can't say how much the price will be in the future but for me the percent of increasing it on a higher price is higher that decreasing. |
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Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet. BTCSo now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins.  I think that is a good idea that save your bitcoin for your children. It is a good idea because you think for their future and they can use it to supply their own needs and it can help them to be independent. You can also help them to buy the things that they want. I think your children will be rich because the price of bitcoin will be increase because it is so famous for now. |
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When you buy something on eBay or Amazon, you pay the seller, he ships the product and upload a tracking number.
If you haven't received the item, you can call eBay or Amazon and, basically, what happens is that if they have a tracking number that shows that the item has been delivered, then it is ok, otherwise eBay or Amazon reverses the transaction and you get your money back.
Is that possible with bitcoin? What if I buy a boat online for 2 bitcoins and I never receive it? Is bitcoin able to solve this problem?
Thanks
Some site for online shopping are accepting bitcoin but some are also not. Some site for online shopping accepting it because they want to have it because they know that bitcoin can help them to earn more money because there are so many people who are using bitcoin. Some site are not accepting because bitcoin is not legalized worldwide so they think that is it too risky to accept bitcoin. |
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Expert explains theories behind Bitcoin surge...
Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.
Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.
But despite the incredible growth, economists are still apprehensive of the token’s inherent volatility and signs it could be a price bubble.
Just two weeks ago, bitcoin investors took a hit when the token’s prices plummeted over 20 per cent before bouncing back.
For me the price of bitcoin are rising so high because it is so famous now and it is so popular so the price of it are still increasing. There are so many people that are working on it even if they are rich because they all know that by working on bitcoin they will be richer and they can earn an extra income on it. |
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Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.
Actually I don't think that bank accept bitcoin because some countries are not approve to bitcoin so for me bank don't accept it for now. For me there's a possibility that bitcoin will be accept by the bank in the future because there are so many people are using this and it can be a currency all over the world. |
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During from past two years when bitcoin stepped in,Every body takes it lightly but i personally dont know that how it get so high on USD then how it conquered the transactions of banking,there was also a time when 1 BTC was = to 1100$ which also led myself toward this entity crazily,Bitcoin was like catastrophe in transaction sector or what can i say it a 'Currency sector' then we see also a big drop in the price of Bitcoin from 1100$ to 300$ .It boomed suddenly ,Every body head was down thinking that they had lost something because some peoples had transferred there currency in bitcoins because of Current Good situation also and of the value of the 1100.
Still today those people aren't in a big loss because bitcoin is much more valuable still today ,i know it is not much then before it was used to,but i have to admit it that with that big fall ,
btc is still famous
BTC
Yes bitcoin is still famous not still famous but it is more famous for now because there are so many people who want to have a single account on it. This are so popular now and there are so many famous person that are involved also here. There are so many famous person or rich people that are investing on it because they all know that by working on bitcoin they can be richer. |
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Bitcoin is legal by some countries but some countries still not accepting the bitcoin.
What you think is Bitcoin become legal in all countries?
I think that bitcoin become legal in all countries if we let them to know how it works and what it's the process on it. There's a possibility that bitcoin will be legal worldwide because it can help many people and if it is legal I think the price of it will be get higher and higher and the people who are working on it can earn a lot of money. |
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the price of bitcoin going up crazy,Is there an investment institution entering bitcoin or because of other reasons,what do you think?
The price of bitcoin are going up crazy because many of the people now are wanted to have it or to work on it because they all know the benefits that they can get if they are using this. Bitcoin now are very popular and famous because many of the user here are popular too. There are so many workers on government are using this or investing on bitcoin because they all know that by using this bitcoin it can help them to add an extra income. |
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Hi!
As the title says, what happens if i get an address wrong? Do the coins get lost?
If that's what happens, why not change the code in Bitcoin, so that if the bitcoin network cant detect that address, returns the bitcoins to you?
I think that is you bad day because I think that no one can back that, that is your fault so it will not be back but for the user that recieve it, he or she is very lucky because he got that without doing anything. Beware to put your address because there is no solution if you got it wrong. |
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