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341  Bitcoin / Bitcoin Discussion / Re: Imagine that you're new to crypto now on: July 24, 2019, 08:18:04 AM
Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment? Smiley

Bitcoin is discussing the biggest investment since launching dot com, crypto, and blockchain projects achieving high valuations simultaneously.
Bitcoin is indeed excellent. At present, there is no investment instrument that can provide benefits as big as this crypto currency.
in this case as a beginner must learn a lot.
for example Learn Expensive Buy Cheap Selling Strategies
The low-cost buying strategy is an alternative strategy that works for highly volatile investments. This is a very simple strategy, by selling crypto when the market will return to a bearish position and buying lots of compilation coins will rise. It just doesn't sound like a strategy - just a practical rule of crypto. However, there are certain recommendations that you must read to make a profit here.
Here, you must know when the price of Bitcoin or Ethereum rises so as not to lose money. Get you not exceeding your monthly limit to buy crypto with this strategy.
the compilation is all understood, and it understands well ... then it can generate profits. There will certainly be a lot of lists that are made to buy things or things that have been desired like car, house, clothes, jewelry, bags, shoes, and can travel to many country
342  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is successful? - this one statement sums it up! on: July 23, 2019, 06:01:27 AM
Why bitcoin is successful?
Why no other crypto currencies are able to even come closer to it?

We often look for the answer of these questions. The twitter handle of CryptoKanoon answered it and I can't resist myself from sharing it with the fellow community members.

The tweet says,

Quote
No head
No funding
No employee
No PR agency
No Social media
No advertisement
No board meetings

The only reason which made #bitcoin succesful was the purpose and that was to help people overcome their sufferings.

I don't think of anything better can be answered against those above mentioned questions! Want to beat it??

Original content link: https://twitter.com/cryptokanoon/status/1132223935058042880



Bitcoin is a payment tool made by programmers who act on behalf of themselves as Satoshi Nakamoto in 2009. Touted as the world's first digital currency, Bitcoin is a cryptocurrency whose system is supported by any operator, carried out with a peer-to-peer system or done directly between individuals without being done. Because of the other uniqueness of other currencies, Bitcoin also produces many unique experiences for its users and traders. Bitcoin has all been successfully mined, prices will continue to rise because the amount of temporary limited assets to these assets increases. The popularity of Bitcoin in recent years has indeed increased sharply making this digital currency the target of many people.


343  Bitcoin / Bitcoin Discussion / Re: Bitcoin Relation To Bitcoin Cash on: July 22, 2019, 10:48:57 AM
Please clarify. Is Bitcoin Cash the same as regular Bitcoin? It seems to me that awhile ago Bitcoin owners were being encouraged to move their Bitcoin into Bitcoin Cash in order that they might receive twice as much return from it than if we left it in Bitcoin. Is that still the case?

Relationship of Bitcoin with Bitcoin Cash
There are many debates that support Bitcoin from Bitcoin Cash. One of the biggest things about Bitcoin Cash is network security. Bitcoin has a network that has chains that have been built from genesis blocks in 2009. Bitcoin has the largest number of proofs behind books from miners who use networks and validate transactions.

Decentralization is another argument which is the core of Bitcoin versus Bitcoin Cash. Larger blocks used by the Bitcoin network Cash makes the mining process require more computing resources. This results in end users who need a more centralized group of miners to validate transactions, including a higher element of trust in these more centralized miners. And the system that can do the approval, is one of the main points of the Bitcoin protocol.

Bitcoin is the dominant cryptocurrency in all cryptocurrency. At the time of choosing, this accounted for more than 55% of the total market capitalization of all cryptocurrency. Most developers, users, and communities have the biggest project contributions and discussions. This is what determines its dominant position in terms of market capitalization. The Lindy effect theory will also give Bitcoin the greatest chance of survival and identify it as the strongest cryptocurrency. The Lindy Effect is a controversial theory that is applied to non-perishable items that predict the life difficulties of these items compared to existing time subscriptions.
344  Economy / Service Announcements / Re: The most important part of investing in bitcoin is timing. on: July 22, 2019, 10:40:38 AM
********************NEWEST UPDATE*********************
Ok bitcointalk! I have been hard at work over this last week. I have just put the finishing touches on my site!

I will be posting a new topic soon about how to identify pricing bottoms by utilizing the creation cost. It needs a couple more revisions, but it will be ready today or tomorrow.

Here is the link to my site again:

https://www.amsinger.org

As always I love your opinions and criticism. You need friction to make fire Wink

Aaron

P.S. The next client research will be covering the price volatility increases when bitcoin is high above the creation cost.

*******************************************************
*****************UPDATE****************
Thanks so much everyone for your opinions and views!

I am setting up a complete redesign of the site, and I will be back in around a week with all new research and probing bitcoin questions.

The site will be down while I make all the upgrades and rebalance the scales.

Bitcointalk is one of the few places where you can go to meet crypto people. I am honored to speak and share my data and views with you all!

Love and hard work,

Aaron

****************************************


I put my savings into bitcoin in May 2017, little did I know that was one of the best times to invest.

In May 2017 bitcoin’s creation cost was $1,173.22 and the price was $1,383.00. That was a risk of ~15% (wholesale bitcoin). Later that year, bitcoin’s creation cost increased to $3,265.33 and the price increased to $13,798.00. That was a risk of ~75% (retail bitcoin). The problem was, I did not sell.

I didn’t know about creation cost at the time. I didn’t understand how bitcoin actually worked back then. I had no ability to calculate my risk.

My portfolio got hit hard over 2018, especially in November. It was hit hard enough that I started learning and learning well. I learned the reason why the price dissolved. I learned how to calculate creation cost. I learned programming so that I could effectively track it and measure it. I learned that venture capitalists are a$$holes. I learned how to build and design my financial website, and now I am learning how best to communicate what I know to other people.

I designed this system so that you can take advantage of bitcoin just like I did in 2017, but unlike me, get out at the right time in 2018. I don’t want other people to go through what I experienced, especially if it is as simple as telling people what the risk is right now in bitcoin, and that timing is the most important thing.

My website is linked below:

https://www.amsinger.org

Aaron

P.S. It feels like I am telling people to eat their bitcoin “vegetables”. Everywhere else they are screaming bitcoin 20k! or 30K! or 100K! selling their bitcoin “cupcakes”. But I’m a born entrepreneur, and quite frankly, I like the challenge.


The best time to trade Bitcoin, to maximize the probability of profit.
You can start trading one hour after the Asian session is opened to reduce the risk of "falling gap" on the chart, due to the shocking news that can cause prices to rise or rise in seconds. However, high trading volumes during work time in Korea and Asia, in general, provide a conducive space for transactions (buy or sell).
Before the Asian session closes at 7:00 GMT (14:00 WIB), European traders get ready. They read any info that has driven prices in the Asian session, to prepare for the Bitcoin trading position in the European session. Even though you also have trading opportunities at these times, the movements are somewhat unpredictable.

Overlap Session (Europe and parts of America)
Get ready around 09: 00-16: 00 GMT (16: 00-23: 00 WIB). Forex traders of course know this might be the busiest traffic jam, because the American news released around 1:30 a.m. to 3:00 p.m. (20: 30-22: 00 WIB) can be very dangerous. But in the world of crypto currencies, the number of markets that will begin to decrease is because transaction activities in Asia have subsided. There may be important news that can spin and the price of coins can change, but remain in a limited level. An important part of cryptocurrency activity in Overlapping sessions occurs in the Bay Area, the area around the Gulf of San Francisco, in California.

Relatively Quiet American Market
This session takes place from 18:00 - 23:00 GMT (01:00 - 06:00 WIB). After important moments on the West Coast and Asia at night pass, all markets will usually calm down. Sometimes, this time is too quiet to predict trading opportunities, but the risk of unpleasant surprises also decreases. Approaching the opening of the Asian session, there may be catalysts from countries such as Australia and New Zealand. However, the risk of price shock only occurs when the cycle repeats and the Korean market starts to get busy again.

When trading Bitcoin on weekends, pay attention to Asian sessions
Unlike forex, the Bitcoin market exchange stays open on weekends. During Saturday and Sunday, we may see high volatility. However, the surprising movement was more dependent on the existence of a significant news release. In general, the chances of surprise are more awake in the Asian session.
If you want to anticipate, it should be noted that the market conditions between 23:00 - 3:00 a.m. (00: 00-10: 00 WIB) may be more turbulent. Usually, trading volume may be lower, and price surprises can arise due to low liquidity. Therefore, 15: 00-23: 00 GMT (10: 00-18: 00 WIB) is the wisest time to trade on weekends.

Trade Bitcoin on a Market that is Trending
A market that is trending is a market that is heading in a certain direction. The market can have a bullish, bearish or sideways trend. Trending markets can provide many trading opportunities for technical analysts. Technical analysts will map the price patterns of a market to identify the trend direction for placing positions.
Investors can also follow the direction of market trends that serve as a benchmark for certain security. Trending markets are the main focus in technical analysis. Technical analysts believe that market trends occur in predictable repetitive patterns. The ability to recognize trends correctly can have a big impact on the results of Bitcoin trading.

Market Characteristics Trends
First and foremost, we need to know how to identify a trendy market. Many traders complain of difficulties in understanding this method for years, even though the concept is very simple.
345  Bitcoin / Bitcoin Discussion / Re: Remember the story of Bitcoin on: July 22, 2019, 10:33:08 AM
I read a number of articles and even read several forums discussing what bitcoin is.

I made this post because many of my friends don't understand what bitcoin really is, and I made this thread to be my Boomark to be read by my friends.

Discussions about Bitcoin are very much discussed on each site if we look for it on "google.com".
But each site certainly has a different view of each site visited, such as:

  • On the wikipedia site I read that bitcoin was discovered in 2009 they said that Cryptocurrency was a form of electronic money and bitcoin was made by a group of people whose identities were unknown.
  • While the blockgeeks site said that bitcoin was discovered in 2008 they said Occupy Wall Street accused large banks of abusing borrower's money.
  • While on the weusecoin site said that Bitcoin was published in 2009 and Satoshi Nakamoto made a statement that he had left the project in 2010, but now Bitcoin has mushroomed in all countries.

In this forum, many have different views about what is bitcoin?
Quote
The Central Bank of Israel considers bitcoin an asset, not a currency. The Deputy Governor of the Bank of Israel Nadine Baudot-Trajtenberg (Nadine Baudot-Trajtenberg), speaking at a meeting of the Finance Committee of the Knesset, said that in the opinion of the Central Bank of Israel, crypto-currencies, including bitcoin are the currency and asset.

I have a question ladies and gentlemen why they think so?

Of the few quotes I read, many were different and had their own views.
However, it is necessary to do your own research according to the criteria of each, so that there is not much wrong in making the meaning of Bitcoin.
Hopefully this will be a reading discourse for my friends.




Bitcoin was first released to the public in January 2009 made by Satoshi Nakamoto with the title of his scientific work "Bitcoin: Peer-to-Peer Electronic Electronic System". In general, Bitcoin can be considered similar to gold in terms of its characteristics. The number is limited and many are interested. An estimated 5 characteristics of Bitcoin that you should know, like the following:
There is no physical alias
The number is limited, only 21 million BTC and will not increase.
Can be solved to a smaller nominal, like 0.001 Bitcoin.
Bitcoin is stable and will not improve degradation
It's hard to make Bitcoin fake thanks to the Blockchain system.
Can be transferred where only through the virtual path.
Many people think that Bitcoin is a very confusing thing, even though Bitcoin is something that can be easily understood.
346  Bitcoin / Bitcoin Discussion / Re: BITCOIN INVESTMENT IS BETTER THAN NETWORK MARKETING? on: July 21, 2019, 01:00:46 PM
Hello everyone,,
These days all you hear in this modern world is Network Marketing and how some people claim it has really helped them. Well i don't disagree with them totally but i just want to educate some forum members about the fact that investing into bitcoin is a better form of enterpreneurship than engaging in Network Marketing.

Starting up in Networking Marketing is not an easy task at all so never be deceived by their sugar coating words about how good their lives are because some people fake it before they are able to make it Networking Marketing but may you might not be too lucky you can fake to the end. In Network Marketing you will need to stay in touch with your downlines making xvideos.onl/ xnxx.onl/  chaturbate.onl/ and ensuring that they keep up with certain tasks as this is the only way you can also move up some strict ranks to earn money. This is not the only pain people but trust me if you should skip any of these regular activities you come back to point Zero.
Yes, that is how painful it is in Network Marketing.
But it is so nice and quite fun that in bitcoin investment you do just two things:
1. Invest with what you can
2. Sit and watch your money grow

Now don't get me wrong house, I ain't a lazy dude but i don't see the reason why I should grind vegetables in an earthenware bowl when i can use a blender and still get it done nice and sweet.
What do you think fam, Is it going to be investment or network marketing???


In Bitcoin transactions, do not use distribution, or without a bank. In addition, there are no commissions or administrative fees for each transaction. Each buyer also does not need to give a real name.
Currently, there are many traders who accept Bitcoin transactions. With this digital currency, you can buy pizza, buy websites, and other items.
Bitcoin also discusses simple and inexpensive transactions, because payments are not in accordance with state regulations and without approval. Micro business people like transactions like this because there are no credit card fees. Accepting people only buys Bitcoin as an investment, and hopes that the value can be increased in a certain time.
While network marketing or commonly called multilevel marketing, true success can be achieved in network marketing if it is committed to one of the most valuable assets, namely time. Time is something that cannot be stopped or repeated, so the key to success is to use time with hard work in the short term to generate large amounts of long-term passive income. If you succeed in building a strong and solid network, you can get a passive routine income even if you stop working. All of that can begin with a commitment to success.
347  Bitcoin / Bitcoin Discussion / Re: Uncovering Bitcoin And Gold’s Not-So-Secret Relationship on: July 21, 2019, 11:15:25 AM
Bitcoin is often referred to as “digital gold”. This description of the digital asset is likening its characteristics to that of the precious metal.
Bitcoin came into existence just over 10 years ago. How it resembles a commodity that has been around for almost as long as money, is indeed a subject of interest. It is obvious that the underlying factor that holds these two assets apart is their function as money and a value exchange system. Let’s break this down.
Read more here: https://medium.com/@official_83664/uncovering-bitcoin-and-golds-not-so-secret-relationship-32dfcda391ff

he relationship between Gold and Bitcoin seems very interesting. Over the past year, crypto improved sharp jumps while the gold market slumped.
Along with the growth of the crypto world over the past year, researchers have seen an inverse relationship between the Gold and Bitcoin markets.
The reputation of bitcoin as the most popular cryptocurrency is often compared to gold, some even claim it better than gold in times of market uncertainty and upheaval. Bitcoin and Gold have often shown interesting correlations as long as the market is plagued by turmoil and uncertainty because fundamental issues have a high impact. Some of the increases and decreases between the two assets appear to be inversely proportional, but those relationships often disappear immediately when market conditions return to normal. The price of gold is influenced by some fundamental news, some of which are inflation rates, monetary policy, and the value of the US Dollar (Also read: Factors Affecting Gold Prices). In addition, another strong indicator that has an impact on Gold prices is a global factor which is generally called uncertainty. This is where the reputation of gold as a safe haven asset comes into play, because investors usually choose to 'take refuge' in the value of Gold when the market is hit by geopolitical anxiety and instability.
On the other hand, the relatively new Bitcoin market does not yet have a mathematical mechanism and continues to fluctuate in its pricing. Even so, those who monitor crypto currency movements have found three main factors driving the price of Bitcoin, namely media coverage, political risk and regulation.
348  Alternate cryptocurrencies / Altcoin Discussion / Re: which type of blockchain you think will solve scalability, on: July 21, 2019, 11:07:47 AM
bitcoin hold several  around 7 transaction per second

the ethereum blockchain currently supports roughly 15 transactions per second

nano is better but

compare to

the 45,000 processed by Visa.\/








The blockchain is basically a distributed data storage system, where every recorded data secured by a cryptographic key is eternal and irreplaceable, so it tries to replace data that can be detected very easily. Blockchain is not limited to crypto currency transactions only. In the future, try the Blockchain as well as supporting the following smart solutions: Next, I will review a number of types of blockchain currently being developed and functions, here are the reviews:

1. Public type blockchain
This type of blockchain model is the most commonly used today because it was developed jointly without community space (block). Initially this was the agreement of a number of users or online forums. Every user can use or change the software. However, the user will not get the loss obtained from using the software. However, the blockchain model is very useful because it is easily accessed, approved and corrected at any time.
Fundamental weaknesses are only because a public (open) system will be a problem because many irresponsible parties will attack or approve this blockchain model. How to find bugs in the attack process and be more efficient in making blocks down. Users of the smart and many blockchain can certainly ward off the way because of the nature of the blockchain that isn't centralized.

2. Blockchain the type of consortium
It is different from the public type which is done jointly by a community. The blockchain consortium model was developed independently by leading companies in the blockchain field. They have finished preparing to continue the process.

Certainly with the support of reliable technicians and experts in their fields, surely the blockchain model is the most widely developed at this time. Many companies or even startups are developing the idea of ​​a blockchain type consortium. Because it discusses potential and certainly becomes a trend in the future.

3. Private type blockchain (Closed)
Finally, the type of blockchain that is protected is closed (private), namely those that do not publish the source code to the public and are considered as intellectual rights. Because of its private nature, it means that the blockchain network used is only intended for the company. The concept of the private blockchain is very suitable for state institutions that require security and confidentiality. Only those in this environment know and this model has been widely used in various state-owned institutions. Not Closed Will Continue to Grow Better.


And in my opinion that matches the type of Blockchain the type of consortium.
349  Bitcoin / Bitcoin Discussion / Re: BTC vs USD - Which one is better? on: July 20, 2019, 10:40:01 AM
These guys have some interesting stuff going on here https://cryptotradernews.com/cryptocurrency/bitcoin-vs-usd-for-storing-value-purposes/

Today, I would personally pick USD as it can be used world wide and for a variety of purposes. However, if BTC were to stop being JUST a speculative asset I would contemplate making the switch. I like being in control of my cash without having to depend on some greedy bank!

Thoughts?

Conventional currencies such as the US Dollar have some disadvantages. However, many people underestimate these weaknesses because so far there are no competitors that are strong enough to doubt public trust in conventional currencies. Well, the emergence of Bitcoin as a crypto currency circulating on the internet is slowly able to shake that belief. The reason is none other than the ability of Bitcoin to "patch" the shortcomings of conventional currencies. Because Bitcoin does not have an intermediary, transactions can be done without any limits. Compare it with financial transactions that are usually facilitated by the Bank, credit card companies, or e-payment systems such as PayPal. There is always a minimum and maximum transaction limit applied by intermediary bodies like that. then when the wire transfer takes days to complete the transaction process, Bitcoin only takes about 10 minutes. The characteristic of Bitcoin as a digital currency is what makes this possible.
 And of course Bitcoin isn't circulating as paper money or even coins. The shape cannot be touched because Bitcoin is a digital currency. On the other hand, conventional currencies are easily damaged because most are in the form of paper money. In some countries, the money has lost its alias value no longer applies if the damage is too severe.
350  Bitcoin / Bitcoin Discussion / Re: Best current cold storage method on: July 20, 2019, 10:37:19 AM
I have read around some and cant find much that isnt a few years old.

Im new to BTC and was going to keep a few hundred $ worth on blockchain.info to spend and then invest in a few thousand $ in an offline manner.  Is a paper wallet the best bet?  I am not very tech savvy.  Also where is the best exchange to buy from?  Thanks in advance.

Crypto wallet is required to enter Bitcoin, or other digital assets. Before you consider trading cryptocurrency on the exchange or buying a cryptocurrency from a broker, you must understand what a cryptocurrency wallet is and how it works. The cryptocurrency wallet consists of two elements - private key and public address. Cryptocurrency holders use their private key to access their wallet. This private key is all that is needed to access the wallet, so if it falls into the wrong hands, chances are the funds it contains will be lost forever. A public address is given to other cryptocurrency users to receive funds, and is generally given as text or as a QR code.
Cold wallet is a wallet solution that is not connected to the internet, or a solution that can be disconnected from the internet. This wallet usually comes in the form of a software wallet, which can be installed on a computer or smartphone, or a hardware wallet, which is a safe device specifically designed for cryptocurrency storage. Hardware wallet is the safest solution for storing digital currencies.
351  Economy / Exchanges / Re: Binance to open a separate trading platform for US on: July 20, 2019, 10:33:32 AM
The news about Binance blocking US residents was shocking. But you can't blame them as US has strict laws about Cryptocurrency and transfer of money.
But they are not going to leave anyone behind, they are going to establish a separate trading platform that would work accordance to all US laws for providing service to all US residents. The platform would probably be called Binance US.
More of it https://cointelegraph.com/news/binance-to-open-us-based-division-with-fincen-approved-partner/amp

Bloomberg reported that Binance would "immediately receive customers to convert digital tokens into fiat currencies", Binance representatives clarified to Cointelegraph that "Binance.com uses pure crypto-to-crypto." A local company opened in Malta opened. Binance Malta expects that it will start the fiat trade with the euro-Bitcoin (BTC) pair, this representative told Cointelegraph. Zhao told Bloomberg that Binance would also open crypto exchanges in Jersey on the Channel Islands with around 100 office staff, signing a memorandum of understanding with the authorities in Jersey.
In early June, Binance announced the establishment of a $ 1 billion cryptocurrency-based fund, seeking 20 partners with at least $ 100 million in managed assets.

352  Bitcoin / Bitcoin Discussion / Re: The most challenging thing on: July 19, 2019, 04:35:54 AM
The most challenging thing will be:

When the privatekeys of the lost coins with no owners - 'shalecoins' - will be 'fracked'.
The first group will then sell all these coins because they will then know that it is possible to get the privatekeys and that others could 'frack' them. No matter what the BTC price, they will sell them.

There are more than 1,000,000 'shalecoins' with a 10+ billion US$ value. So we can expect that there are private groups - not institutions like the link below - who want/try to build a supercomputer.

But thereafter 'shalecoin' https://bitcointalk.org/index.php?topic=5134441.0 will be solved and the blockchain will be clean.
That is important for the Bitcoin development.


"Quantum computers will soon outperform classical machines"
"The project is part of the EU’s €1 billion, 10-year Quantum Flagship initiative to kickstart a competitive European industry in quantum technologies."
http://www.engineersjournal.ie/2019/07/01/quantum-computers-will-soon-outperform-classical-machines/
https://medium.com/the-quantum-resistant-ledger/no-ibms-quantum-computer-won-t-break-bitcoin-but-we-should-be-prepared-for-one-that-can-cc3e178ebff0


Like welcoming in real life, your wallet must be secured. Bitcoin allows you to transfer value anywhere in a very easy way and with complete control of your money. Great features need high security that need attention. Bitcoin provides a high level of security if used correctly. Remember your responsibility to take good security measures in order to protect your money.
353  Economy / Speculation / Re: Libras impact on bitcoin price on: July 19, 2019, 04:28:08 AM
I got a feeling that all that hype from Libra impacted on the gains of bitcoin price. Is the slump this week weighted on the bad media comments about Libra?


The emergence of news received by Libra, to increase the price of bitcoin over the past few months. Although there was speculation that there was concern over the threat of Libra's presence in Bitcoin, many later considered that the prestige of Bitcoin was actually revived by Libra. In other words, steps taken by Facebook have at least helped lift the price of other cryptocurrency higher. But that does not mean Facebook is the main driver.
354  Bitcoin / Bitcoin Discussion / Re: How do you protect your digital coins? on: July 18, 2019, 04:22:16 AM
cryptocurrency market started to grow day after day, and everyone now started to own coins, so the question now which come to all the coin's holders , how to protect your digital coin from losing, stealing, hacking, etc ?

y way of protecting my digital coins is
implement safeguards to reduce the chance of thieves by implementing these methods, although complex, can avoid potentially significant and life-changing losses
• Save cryptocurrency and offline tokens in hardware or paper-based wallets

• Secure the hardware and paper wallet in the safe locked when not in use

• Secure the private key offline where the wallet is stored, such as a bank safe or a safe offsite location

• Limit the amount of cryptocurrency that is in the exchange until only for trading and exchange

• Use trusted bookmarks in the browser to access the exchange, wallet, and other cryptocurrency service providers.

• Run several passphrases in the hardware wallet to hide the main wallet balance and reduce losses from physical attacks

• Run multifactor authentication with one form of authentication from an offline token generator, such as Google Authenticator

• Run a multisignature approach for funds stored in the wallet

• Limit public presence or avoid discussing crypto ownership in public forums

• Always check the wallet address after pasting (pasting), and when sending the wallet address via email, chat or other digital communication, always attach a picture from the wallet address to verify they have received the correct address.

By implementing good protection practices, you can significantly reduce the opportunity to lose the many benefits that cryptocurrency offers. For some people, the tradeoff is very valuable. Over time, this system will be developed to better track thieves and prevent the theft of theft. Until then, let's make fraudsters not move.
355  Bitcoin / Bitcoin Discussion / Re: Bitcoin usage and misaligned expectations on: July 18, 2019, 04:16:45 AM
I believe there are some people in the community who are in the standpoint that "Bitcoin isn't successful" unless they can use it for "almost-zero fee" coffee transactions. But is it truly a failure?

Even though it had soared, the value of Bitcoin and other digital currencies increased. Although many parties are skeptical of the future of Bitcoin, few people are still awaiting great hopes in the digital currency. We will not be able to predict whether Bitcoin will last until when. What is certain is the price of Bitcoin is in harmony with the demand. The more people who use Bitcoin, the greater the value. bitcoin will continue to last with the development of technology, and many countries have used bitcoin for buying and selling transactions such as Japan, Korea and China. And it has also been widely used by many large companies in the world.
356  Bitcoin / Bitcoin Discussion / Re: What's bitcoin worst case scenario if Libra will be successful? on: July 18, 2019, 04:05:56 AM
I heard people saying it won't affect bitcoin at all, and others say it might destroy it

I wonder what's your opinion about it?

What can be the worst case when it comes to Libra and Bitcoin?


BITCOIN has not been able to undermine the currency. even had weakened, but the last few days are on fire again. Because facebook made a surprise launching a new 'currency' in the world. It's called Libra. In my opinion the presence of Libra will help increase the price of bitcoin as usual.
if libra will be successful in the future it will have a positive impact on bitcoin.
357  Bitcoin / Bitcoin Discussion / Re: Attack on Bitcoin on: July 17, 2019, 03:49:07 AM
Somewhere, a group is preparing an attack on Bitcoin. It will come around the next big pump. The attackers will have an exponentially large advantage of computing power. If the network isn't compromised, it will be severely damaged.

bitcoin cannot be attacked, however, the network and storage location for bitcoin storage and "protected" can be hacked by evil forces. Even though there are guarantees from bitcoin storage companies and currency developers, bitcoin exchanges can and have been hacked. So for that it is very important for you to take certain steps for your own security so that you can avoid any possible losses. There are several security steps, namely
Secure your e-mail account, Secure your social media account, Use unique and strong passwords for all online accounts, and Enable two-factor authentication (two-factor authentication).
358  Bitcoin / Bitcoin Discussion / Re: What the future HODL? on: July 16, 2019, 08:57:40 AM
These days we are about to make a very important decision in which way the cryptosphere will walk through. A sudden rise of a corporate owned coin(s) coincident with a clear sign from the same big corporation how it will threat with the crypto. And for me crypto is equal to bitcoin by nature.

I dont remeber where BNB was named "the next bitcoin", but it is a fact and it was much before the these days run. Its more than shocking, but the truth behind has its reasons. Are You ready for such a future?

Isnt it all that Satoshi was against to? Censorship, centralisation, absolute power in the hands of the big players (the banks from the ancient time).. I hate the shitforks, I can`t tolerate the faketoshi behavior, however the much bigger problem for me is the possibility acts of CENSORSHIP to play role in the cryptoworld. I dont think we should accept that.

Same time the same big player entered with its own coin and predictable it gained a huge power as well entered the possibility to reward its "followers" as recently Mithril.

Where we going? I dont see any significant diffenece between JPMorgan coin, any hypotetical governance coin and BNB. If we continue that way we can see how exchanes delist BITCOIN by reasons as "untrusted", non KYC or whatever. Dont they tend to devaluate it in order to get higher their own exchange-coins (aka BANK-COINS!), to CONTROL the market AND the CUSTOMERS as far as it can.

The problem is that the big part of cryptoadopters are some kind of "investors", "traders", profit-hunters. It has nothing to do with BITCOIN. So they can go ahead and invest in BNB and whichever else BaNkCoin. Thats the shortest way to devaluate and eliminate BTC. BTC is NOT about that. Its for FREEDOM (dont read financial-freedom), and if its not so important for You, go ahead and "invest" in BNB. Next we can see how some customers are banned just because they tweeted something "wrong" about some big player, or some wallets become blocked just because the owned run an website named crypto-leaks with very unpleasure information about the big players..

#deletecoinbase was a big thing, however very poor supported by the community. I hope we can wake up before to be too late. Be careful: DO NOT TRADE Your FREEDOM.



Cardano has also announced several projects that are expected to increase coins further, such as resolving scalability problems.
The main goal here is to provide simple and inexpensive financial solutions for billions of people around the world, who are considered to have no banks. The most promising solution is to approve parallel chain agreements and sharding concepts.
If this goal is achieved, Cardano will receive more attention, which will have a positive impact on prices, and will ask his representative from third generation crypto.
In addition, these coins have also appeared in the list of potential candidates for Coinbase listings. If you move to decide to add ADA to the top, of course it will have an impact on Cardano's position, because the coins will increase a lot of use.
In addition, ADA has become an asset that can be offered on many well-known and trusted platforms, such as HitBTC, UPbit, Huobi, eToro, Bithumb, and is expected to also arrive at Cryptopia.
It should be noted that Cardano is a coin with a relatively stable price. It calculates lower volatility of cryptocurrency that is not categorized as a stable coin. One of the reasons for the low price is the large supply that is issued, which is currently increasing by almost 26 billion coins, and the total supply is 31.1 billion units. For all these reasons, and many more, many experts expect Cardano to be one of the coins that will survive the drop in altcoin prices, both now and in the future. And, the storm compilation blows, the remaining coins will find their identity in more favorable conditions, which will make it easier for them to grow and develop well
359  Bitcoin / Bitcoin Discussion / Re: How to safely store big amounts of BTC? on: July 16, 2019, 08:39:43 AM
Hello,

Suppose I would expand my BTC portfolio to 10 or 15 BTC.....how would you store such a big amount of coins?

Ofcourse I would use a hardware wallet, but if I store them all on 1 wallet and I lose the wallet, or the house gets on fire and it burns, then I have lost those coins forever? Or are there still ways to get to the coins somehow in that case?

Would you advise to store let's say 15 BTC on 3 different hardware wallets (5BTC each), or would you spread it out even more? Ofcourse I'm not gonna buy more than max. 3 hardware wallets but in that case maybe 15 different laptop wallets (Electrum, Jaxx, Exodus etc.) with 1BTC each on it is safer?

I'm looking for the safest way to store a big amount of BTC and to minimize the risks of losing a big amount.


Like lending new technology, there are loans related to digital currencies. You value the risks and make sure you do ways to protect yourself and your money.
-Here are the steps you must take to safeguard yourself.
-Always make sure the site address you are visiting is correct and not a fake site
-Use two-factor authentication in all Bitcoin wallets and your email address
-Use a password manager program
-If you use a Gmail account, do a security check
Know in depth before investing in anything. If the promised benefits sound too good to be true, chances are it's just an illusion / fraud. Also check Bad List at badbitcoin.org. If your investment company is here, that means they are fraudsters.
and another thing is Never store large amounts of Bitcoin on the Exchange website for a long time, because the wallet provided by the Exchange site is basically their wallet address especially if the wallet has a generate feature (making a new wallet) then you can be sure the Bitcoin will lost. To save a large number of Bitcoin balances and in the long term you should use a wallet from a wallet service provider.
360  Economy / Speculation / Re: How much do you think the President’s recent comments have hurt bitcoin prices? on: July 16, 2019, 08:31:39 AM
Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.

Bitcoin is currently hovering just over $10000.


Trump criticizes bitcoin, Libra and other cryptocurrency through his Twitter social media account. He stated that cryptocurrency is not a currency, and the official US currency is dollars. He also called Libra must have a foundation. If Facebook wants to become a bank they must obtain a bank license and be subject to banking rules. Sharp criticism made by President of the United States (US) Donald Trump of the Facebook crypto currency, Libra has a negative impact on the development of other digital currency stocks. From the monitoring of the CoinDesk site, the price of bitcoin is currently relatively stable, there tends to be an increase. When this news was written, the price of bitcoin against the dollar reached 11,643.30 US dollars. This is enough to prove that Trump's criticism has not been able to destabilize blockchain investors, which has caused the price of bitcoin to decline. Until this news was written, both Facebook and the White House still did not comment.
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