Now a days everyone is speaking of Bitcoin..they say that they will start mining using solar power...some say thats only their aim in life..some tries to buy cloud miners..and I am here...some people get mad about it...
Everything is possible to be change most of all here in bitcoin,because the most permanent in this world is "change"according to heraclitus of greece. I believe that intruducing innovation is the most intellegence idea. We cannot deny the fact that everything was changing.all you need to do is just go with the flow. |
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October 29, 2017 Bitcoin price ranges from $6,000 - $6,100 and today, bitcoin price is now $7,000. Are you surprise?
I think, if only those people who planning to invest in bitcoin manage to notice this sudden increase. I think there is a high chance that they will start investing.
It is good that bitcoin price will increases because it creates more money and investing in term of doubleling its price that makes money be double in investing here in bitcoin. I admit that im also surprise about it,that was make me think about on what should i do when my money was plenty. |
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2020 millionaires all over the world  Bitcoin was possible to make all over the world millionaires because it gives and it gains more highly to its currency price through every time passes by. It is the reason why bitcoin or crypto currency can make the whole world millionair because it can increase its price time by time without limmit. |
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I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
The bitcoin was not a gambling. First of all bitcoin can able to have as an electronic money that increases its value time by time. Bitcoin was not a gambling because all you need to do is just give time and effort for it. Not money to lose,because you can assure that bitcoin can give and make your money is gaining more. |
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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 biggest advantages of bitcoin was able to give more money or making you money double or triple its price through time passes by. The advantages of bitcion are can reduce unemployment,give business and promotes life progress. |
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Bitcoin Price Reaches $8,100, a New Record High
Bitcoin price has struck a new all-time high of $8,100 during Sunday’s trading, continuing its rally from the previous Sunday’s lows.
The world’s first cryptocurrency has hit a new record high of $8,100 (Bitfinex) as its resurgence from last week’s decline to $5,500, continues.
Sunday began with bitcoin trading at just under $7,800 and stuck under the ceiling for most of the day. At 17:15 (UTC), prices jumped above $7,900 in a 15-minute trading period. The swell turned to a spike which ended with bitcoin striking $8,100 at 18:15, a gain of over $300 in an hour.
At press time, bitcoin is trading to the dollar at $8,065.
Data from CoinMarketCap shows bitcoin now gaining 31.7% in a 7-day span. The previous Sunday’s decline was caused by a major sell-off by investors who shifted to offshoot cryptocurrency Bitcoin Cash, a trend that has since been reversed.
Overall, the total value of all mined bitcoin sees the market cap of bitcoin, the world’s most prominent cryptocurrency, and reach above $134 billion.
Data from CoinMarketCap shows bitcoin now gaining 31.7% in a 7-day span. The previous Sunday’s decline was caused by a major sell-off by investors who shifted to offshoot cryptocurrency Bitcoin Cash, a trend that has since been reversed.
Overall, the total value of all mined bitcoin sees the market cap of bitcoin, the world’s most prominent cryptocurrency, reach above $134 billion.
It is good when bitcoin increase now because it is big prevelage to have bitcoin and double or triple its currency price,because it gives and promotes employment in able to have a starting money for bussiness. It was a good news that bitcoin should be able to help someone else life through increasing its price nowadays because its promotes and gain more investments. |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks? Look at the benefits of bitcoin. * Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc. * As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used. * No fees. Unlike cash, hasn't 2%-3% of inflation every single year. * Accepted for Food Shopping & Micro payments via electronic card. * 0 confermations time, with introduction of "instant pay" function. * 0 exchange risks in use of proper securities and competent insurance. * any entrepreneurs is able to understanding of the value of payment. * No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month. * Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven. * Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services.  [/centerr] The reason why bitcoin is better than cash is bitcoin can increase its true currency price time by time,Not like cash because cash can be burried,expire,steal,and lost its value,not like bitcoin.You can invest and deposite in every where in terms of media and gadgets. |
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It would seem that Bitcoin is a volatile object of mystery, but the reality is that it (blockchain) is brand new technology that is already disrupting how we give and receive money across the globe. I can see the potential, yet also understand the risks.
Why do you think now a good time to invest in Bitcoin?
For me it is the perfect time to invest in bitcoin because its currency price was still low maybe the other days comes. Its price is too much high that you would not be able to buy it. Buying now is the big option too make your investment double its price . |
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why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
The reason behind why other country has band the bitcoin or crypto currency is all because in terms of thier economy states that maybe the currency price of bitcoin was higher that thier own currencies or maybe its lower than todays currency. It is all base on thier economy of a one country to recognized or baned it. |
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Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?
Buying bitcoin now is the best option you know why?it is all because that a bitcoin may possibly increase it currency price even thier are inflation and deflation had come. You can assure that bitcion was drive up and up and not to down. Maybe thier are several times that possibly its price may go down but most of that is: its biggest portion is increasing it price. So what you are worrying for. It is 20% possibility over 100% of bitcoin possibly increases. |
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would you live in a country that use bitcoin as official currency?
assume that you're living there and get paid also in bitcoin. do you think it's possible to live in a country when one day the currency go up or down in 20%?
Bitcoin currency living is possible although because bitcoin was use by other country as thier money .So how come that it is not possible? Bitcoin is an electronic money that you would be able to use and making transaction to anything else. |
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Bitcoin is changing the way we live. Bitcoin is changing the way we do business. Bitcoin is changing the way we travel and save our assets. Bitcoin and blockchain technology has open new doors for people to do business with one another without the intervention of third parties. What do you make of this, huh? Share with us what you think. thanks  Bitcoin can make a bigchange in the world nowadays because bitcoin can hold your success through using it as a currency of a nations economy in which includes many cluster of economical state of a country. The only permanent thing is the world is change. Recognizing innovation is arrive And bitcoin was one of the product of change and also one of the intrument in changing someone's life. |
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The era of the blockade gave us the understanding that ordinary people can change the world (crypto-currencies, joint investment, etc.)
We are young and strenght! Why are we need the ICO? Let's create new self-organization of people! We will have operational management is in the hands of elected governors, strategic issues are decided by voting, i.e. all as in a large corporation, but online.
Things to do? For example, we can create a modern studio of internet services (web development, marketing, design, blockchaine and atc)?
What do you think about this?
Creating something big together is a good idea because two are better than one . Partners in tandem is a good occupation for the young generation. In able to help each other to be an efficient,effective and pruductive to make a bussines together.recalling and descovering ideas by brainstorming each others mind. |
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My bank closed my account last year for no reason, and all money in my account was gone. I argued with the bank, even contacted the local government, no use. My bank just stated that "Pursuant to the CMA Disclosure and Agreement, 'THE BANK, at its discretion, may elect not to accept an account, terminate the account agreement and the account agreements of any related parties'. Both parties to the agreements have the right to end the relationship at any time and neither is obliged to provide a basis for such a decision to terminate". No single word explaing the termination was given to me. I contacted all banking lawyers online, and they were all representing the bank, not the customers. The money I lost can buy a new Mercedes. However, banks around the world now are too powerful. They are too big to fail. When you open an account in the United States, and probably also many other countries, you voluntarily give up the rights to sue the bank under their arbitrage clause. Even worse, they define the financial laws and enforce them. They can close your account, freeze and steal your property and evict you from your house. The more money you deposit into your bank account, the more you are helping the evil. I'm glad to see Bitcoin is changing all of these. Let banks die!
Trusting bank nowaday is in critical condition because as you said. Bank cannot safe because the their is a scenario that bank can bangcrap and face into phenomenon. |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
Im just earning more transaction to had a money by hoping to be success here in bitcion so i give my best to answer and give time more bitcoin for my assurance as to have succesful life. |
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After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?
For me it is the right time to buy btc because the bitcoin is an investment we need for to have a more money to be able to grow and making it progress to assure the success that existed even in the future. Buying btc is the good and exellent option now. |
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INTRODUCING HONESTY TO RECORD KEEPING | Factom is a system for securing millions of realtime records in the blockchain with a single hash. This gives you the tools to build applications with all of the security of the blockchain without the speed, cost, or size limitations. Our goal is to involve the Bitcoin and Crypto community to engage with us, look at our work, and collaborate with developers across the industry and beyond. Factom is a next generation platform for creating enterprise tools and applications using Blockchain technology. Factom allows you to build applications on top of the Bitcoin blockchain. Factom uses a simple API that lets you build projects that were not possible before while still harnessing the trust and security of the Blockchain. Factom is a solution to: - Blockchain bloat
- Off chain transactions
- Use cases and project ideas for hashing data into the blockchain
In a nutshell, what is Factom?Factom is a system to record entries in a way that makes the list unique (everyone gets the same copy) and allows anyone to add to the list, but does not allow anyone to change entries once they are in the list. As a designer of business applications, why should I consider using Factom?Factom is a method of creating an immutable audit trail. It is also a mechanism to communicate changes in a system. If your application needs a central server to coordinate processes, you might be able to eliminate the central server in favor of using Factom. Does Factom use a cryptocurrency?Yes. You can use Factoids (the Factom currency) to purchase Entry Credits with a simple transaction. The protocol does the conversion, so you effectively purchase the Entry Credits from the protocol. You assign those Entry Credits to a public key. Who controls Factom?Factom is a distributed, decentralized protocol running on top of Bitcoin. That means nobody controls it, but that it is software that people all over the world run to make the protocol work. Factom.org is releasing and maintaining the software. But the software is open source, and anyone is free to use it for any purpose. With Factom is really possible to build safer and more secure record keeping on a truly global scale. There are three types of proof that allow Factom to do that: - Proof of Existence: a document existed in this form at a certain time.
- Proof of Process: a document existed and is linked to this new updated document.
- Proof of Audit: an updated document can be verified to have changed according to a set of rules.
Docs & DemosPartners & Collaborations |
Factom: A Data Layer for the Blockchain | Trust is a rare commodity in today’s global economy. Yet we must trust various parties to participate in this increasingly computerized marketplace.
Until recently, electronic records have been particularly hard to protect, challenging to synchronize and difficult to verify, largely because computer
records are so easy to change. We use heavy regulation to try and minimize failures, and massive insurance systems to pave over the failures that
none the less occur.
Then Bitcoin introduced the blockchain. A blockchain is a distributed mechanism to lock in data, making it immutable, verifiable and independently
auditable. The Bitcoin blockchain was used to create a secure digital currency and payment system.
But think of the benefits if you could also use the blockchain to secure and verify general purpose data!
Using Factom, you can.
 “Bitcoin is used to transfer value between parties. With Factom
we can use this powerful ledger to secure general purpose data.”
Factom is most easily understood as a protocol that provides unlimited books of blank paper. Users of the protocol can take a book, label it with
the title of their choice, open the book, and write on a page. When that page is submitted to Factom it cannot be altered or deleted. Nobody can
back-date a page. All the data written into the book is preserved in the order it was presented to the Factom protocol.
 “Factom does practically nothing. But by limiting itself to simply
recording and securing data, Factom enables practically anything.”
Factom was designed to scale. Just like you can go into a library and select only the books that interest you, Factom allows users of the protocol
to select only the books of interest to their application. Users do not have to download and process the whole library.
And again, Factom is like a library. A library can support the documentation of any information at all, from fiction and romance novels, to scientific
journals and history books. Factom can also support any application at all that needs to document the past.
All decisions are made based on data. To defend a decision, proof is needed of the data on which a decision is based.
Factom becomes the technology applications can use to validate and verify the creative process of producing art, music, and literature. It becomes the
technology that allows tracking of licensing of creative works. Factom can even be used to track their use.
Factom becomes the technology to secure land titles. And it does so in a way that ensures the records belong to the people. The records cannot be
changed or altered without in fact adding such changes to the book. This ensures a permanent record if fraud occurs.
It is said that the winners write the history books. But Factom provides the seed for a technology that does not allow for the selective recording of
the past, editing of the past, or inventing the past. Factom provides the means of creating records honestly and securely.
The Factom Alpha API is available today, and many developers are beginning to work with it. Open source, cryptocurrencies, and distributed
applications are changing the world. This is just the beginning of their ultimate applications.
The most exciting days are still ahead!
by Paul Snow - Founder & CEO, Factom |
Official Videos and Use Cases
Interviews & Related Videos | Let’s Talk Bitcoin - October 27, 2014 The Bitcoin Game #2 - Factom Epicenter Bitcoin - November 9, 2014 EB52 – Paul Snow & Peter Kirby: Factom, Proof of Existance, Proof of Process, Proof of AuditMoney2020 - November 12, 2014 Tatiana Interviews Paul Snow from Factom.orgDecentral Vancouver - November 13, 2014 Salon Talks w/ Peter from Factom and Andrew Wagner of Bitcoin Magazine #BlockchainBloat Bit n Mortar - November 18, 2014 Factom interview - Solves the Bitcoin speed problem / Proof of auditPhil Maher and Paul Snow - December 4, 2014 Factom Live Hangout - 12/4/14 - Denver Bitcoin CenterEd Eykholt and Peter Kirby - December 11, 2014 Factom Presentation at the Seattle Bitcoin Meetup Ernest Hancock and Paul Snow - December 30, 2014 Freedom's Phoenix: Paul Snow Interviewed by Ernest HancockBitcoinist.net - January 17, 2015 TNABC 2015 - PAUL SNOW COFOUNDER FACTOM Innovating the BlockchainMadBitcoins - January 23, 2015 MadBitcoins interviews Paul Snow from Factom #BitcoinMiami2015Chris DeRose - January 25, 2015 What is Factom? An interview with Paul SnowCoin Republic - February 2, 2015 Blockchain based document proof system Factom, at the Bitcoin Singapore Meetup in HackerspaceWorld Crypto Network - February 3, 2015 "Honesty is Subversive" - Interview with Paul Snow from FactomDecentral Vancouver - February 21, 2015 Salon Talks: COINFEST 2015: Vanbex Edition! Synereo, Factom, Trustatom, Etherparty, OpalcoinBruce Fenton - February 25, 2015 Paul Snow explains Factom at the Dubai Bitcoin ConferenceBruce Fenton - February 25, 2015 David Johnston Bitcoin and history and the future of the blockchainFactom Hangout - March 9, 2015 Tether + Factom Collaboration Announcement Factom Hangout - March 10, 2015 Serica + Factom Collaboration AnnouncementFactom Hangout - March 10, 2015 Factom Talk With D.C. Bitcoin MeetupWorld Bitcoin Network - March 10, 2015 Bitcoin 101 - A Million Killer Apps - Part 2 - Blockchains & A Global Shared HistoryFactom Hangout - March 11, 2015 Coinapult + Factom Collaboration AnnouncementFactom Hangout - March 12, 2015 Tradle + Factom Collaboration AnnouncementBitcoinist.net - March 13, 2015 Inside Bitcoins Berlin 2015 - Day 1 - Peter KirbyFactom Hangout - March 24, 2015 Texas Bitcoin Conference Hackhaton Developer Q&A |
Factom in the News | The Wall Street Journal - November 5, 2014 [Suspicious link removed]j.com/moneybeat/2014/11/05/bitbeat-factom-touts-blockchain-tool-for-keeping-record-keepers-honest/]BitBeat: Factom Touts Blockchain Tool for Keeping Record-Keepers Honest[/url] Bitcoin Magazine - November 6, 2014 Ensuring Network Scalability: How to Fight Blockchain Bloat Omni Foundation Blog - November 9, 2014 FACTOM – SIMPLE YET CRITICAL TECHNOLOGY ON MASTER PROTOCOL CoinTelegraph - November 13, 2014 This is How Factom Can Solve Blockchain’s Bloat AND Scalability Issues CryptoCoins News - November 17, 2014 FACTOM WHITEPAPER RELEASED: NEW SERVICE LEVERAGES BITCOIN BLOCKCHAIN CoinDesk - November 18, 2014 Decentralised Apps Promise New Way of Doing Business OnlineCoinDesk - November 19, 2014 Factom Outlines Record-Keeping Network That Utilises Bitcoin's BlockchainBrave New Coin - December 19, 2014 Factom: Digital Fingerprints Tackling Banking FraudCryptoCoins News - December 21, 2014 pany-save-bank-america-17-billion-hypothetically/]WATCH A [Suspicious link removed]PANY SAVE BANK OF AMERICA $17 BILLION (HYPOTHETICALLY) TechCrunch - December 26, 2014 Bitcoin 2.0 And Tokenizing The User ExperienceAllCoins News - January 3, 2015 Q&A With Factom’s Peter Kirby – Scaling Blockchain Tech for Robust ApplicationsCoinDesk - January, 3 2015 Crypto 2.0 in 2015: Turning Bitcoin Theory Into Big BusinessCoinDesk - January 4, 2015 19 Crypto 2.0 Projects to Watch in 2015Inside Bitcoins - January 5, 2015 Bitcoin 2.0: One World, One Cryptocurrency Is ‘Unrealistic And Counter Productive’Inside Bitcoins - January 9, 2015 How Blockchain Technology Could Revolutionize the $1.1 Trillion Insurance IndustryCrypto Articles - January 11, 2015 Coin Proz co-founder Tim Frost: 2015 can be the defining year for BitcoinFuzzieLabs - January 13, 2015 Blockchain: The real gold behind BitcoinCryptoBiz Magazine - January 2015 Issue FactomCoinDesk - January 18, 2015 TNABC Day 1: Bitcoin Industry Undeterred Despite Price DeclineO'Reilly Radar - January 21, 2015 The 3Ps of the blockchain: platforms, programs and protocolsCoinsSource - January 31, 2015 Blockchain Brings the Internet of ThingsFinancial Times - February 3, 2015 Bitcoin: possible bane of the diamond thiefCoinDesk - February 15, 2015 Factom is Serious About Stopping Smart Dishwasher FightsWSJ MoneyBeat - February 19, 2015 [Suspicious link removed]j.com/1Dwo0QO]BitBeat: Dell Takes Bitcoin Into Canada, the U.K.[/url] NewsBTC - February 26, 2015 Bitcoins and Factoids: a Symbiotic RelationshipNewsBTC - March 3, 2015 EXCLUSIVE: Interview with Peter Kirby, Factom PresidentBitcoin Magazine - March 9, 2015 Tether + Factom Announce CollaborationBitcoinist.net - March 9, 2015 Factom And Tether Announce PartnershipBitcoin Magazine - March 10, 2015 Serica + Factom Announce CollaborationBTCFeed - March 11, 2015 Factom, Build Applications On The BlockchainBitcoinist.net - March 13, 2015 Tradle and Factom: Delivering Blockchain Economies Of ScaleCoinReport - March 14, 2015 Factom, Tether collaborate on wallet transparency, hedging planBitcoinist.net - March 15, 2015 [VIDEO] Factom Partners With Coinapult As It Preps Software SaleCoinDesk - March 16, 2015 Factom Announces Launch Date for Token CrowdsaleBusiness Insider - March 23, 2015 The 25 most exciting bitcoin startupsBrave New Coin - March 25, 2015 Factom and Coinapult Partner For Token SaleAllCoins News - March 26, 2015 Vaultoro, Factom Partner to Offer More Gold Market TransparencyBitcoinist.net - March 26, 2015 Factoids: The Tokens that Drive the Factom Protocol |
Get in Touch
Intruducing honesty to record-keeping is the most behavior must we have because being a honest person is a plaque and honor that cannot be able to take away to you because it is already stablished and it is your identity thát all people could know about you. |
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Adams Smith wrote that the price of all things are equivalent to the human labor involved in their exploitation. The price of gold is determined by the cost in human labor to mine it. It can then be exchanged for another commodity which takes an equal amount of labor to create it.
Over time I have been able to find ways to place a price on stocks which I can use to evaluate what their value is to me. I can then buy and sell based on what I determine as value at any time.
I’m not a currency speculator but I also believe the US dollar is being killed. I don’t like having much of a cash position but would rather be fully invested. At this time what I see is a highly inflated value of the S&P 500. Any bonds other the very short term bonds come with too much risk tied to the Feds low interest rate policy and the increasing money supply along with quantitative easing which is placing too much fake money on the Feds balance sheet.
After many years I have developed a feel or intuition to tell me when prices are out of line. When it comes to bitcoin I am at a loss. I like the core concept of bitcoin and long term it seem like it will all work out but it’s value is another issue. I just don’t have a feel for what it’s worth in exchange for food, a house, a car, gold equivalent. It seem that it should be relatively close in value to the cost incurred by the bitcoin miners. How do I find out what the current cost is to mine bitcoins. It cost to mine a well know number kind of like the PE for a stork or index?
I have started to buy small amounts which I plan to hold but I really don’t like the volatility. It is also difficult to invest in something when I don’t really have any history to give me a clue of somethings value. I doubt I would hold if bitcoin went over 5000. It seems to be moving a bit too fast.
The bitcoin may increase in its currency price by promoting and recognizing the value of bitcoin to be the financial usage of each countries. Its currency price may lead into increasing more,because of possibility that bitcoin is already ligallize in each country in the world for the welfare of its economy |
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I've heared that in some countries people have to pay the income tax after buying fiat for their bitcoins. Anyone faced such problem? If yes then how you deal with it in your country?
At one point of view bitcoin is an instrument for investment so ppl buy it willing to get income in their currency.
At the other point it is a currency and it might be used with a purpose of saving. In this case the tax would be stupid.
Yes bitcoin would be able to used when tax may stupid because a bitcoin is an investment that assure to save and provide the assurance of your future to success in able to deal in your country economy. Still the currency of bitcoin is high even time passes by. |
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I think it is.
Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.
Thoughts? Anyone seriously disagree with this conclusion?
Bitcoin can reduce unemployment nowadays.time may passes when btc is a successful. Look at the scenario that btc can increse and drive up high when people still using the btc as their daily need. Just make sure that btc should be prioritize than everything else to assure you future success |
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