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Do just the same thing you would do if you were to trade a real life object, say a smartphone, with another guy: never go first unless the trader is a very reputable guy. If it's an online website, the only option is signing an agreement upon signing up on the website where you would agree to the fact that it's mandatory to refund the money in case the order hasn't been delivered, the wrong product arrived or something else...
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Stay away from these cloud mining scams. Don't you notice they're not earning money in any way but "mining packs" that you can buy to speed up the process? What you see in that video is just a number. That number will probably disappear one day, because the owners of the website will simply run away with the cash. There are many cloud mining websites out there that are scams except maybe less than five which are real and safe. Investigate before you join such a website!
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I don't think any banks have started to worry about bitcoin yet, actually they are trying to make their network more secure and better using the blockchain technology bitcoin have introduced.
Bitcoin will not be able to replace banks in the same way, email have replaced postal industry.
Bitcoin keeps increasing in the total market cap and this is bad for the banks and govs. But they don't have what to do, in my opinion. What they'll probably try is creating a replica of Bitcoin that would work with USD, EUR and other currencies, so turning them into virtual currencies. I would never change to them because I know they'd be controlled by the elites and the only change would be transferring your funds from physical to virtual which is even worse.. BTC is like Gold right now and that's how it should stay, no matter where the price gets to. |
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Hello Avirunes,
Please add the timezone and the payday in the OP, I would like to know when the first 7 days are going to be over (since when will the next round start) as I've been in some campaigns that had a timezone of 8 hours difference from mine and it matters.
Thank you, and have a great day!
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The thing is, when you're using a mixer even if you receive tainted coins everyone knows it came from a mixer so they aren't really tainted coins. It sort of puts a break in the blockchain because you'll have to do some guesswork to see who was actually making a transaction at any given time.
It's an extra security and privacy measure. I don't use my Bitcoins because I don't want to for now, but I love for example how you can do this with Monero. You don't need to do a crime to need privacy. I just don't like being tracked or so... Mixing the transactions up makes it harder for the amount of money to be tracked. The more transactions there are mixed, the better your privacy stays protected. |
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I don't have any coins that are worth a life savings amount. The reasoning behind it is because there isn't anywhere safe to put it. The price of the coins whether the coin be an Altcoin or Bitcoin, the price per coin could drop to zero value whenever the trading exchange manipulator chooses.
Bitcoin has been going up and down and the price of it is very dangerous for the regular trader, so I only hold a small amount of Bitcoin to dump/hold.
You have your own strategy. But I'm acting differently. I'm trying to save up a few coins to save them for the distant future. I'm sure that bitcoin will cost more after 5 years Considering the price of Bitcoin right now I don't think only one people manipulate it because it won't rise that much if it is only one person, also it is prevalent that the demand for Bitcoin is larger compared to other cryptocurrencies which also proves that it will be hard for it to go down to a value of zero. The only way that Bitcoin loses its value is when something really bad happen to it. One person certainly can do it. It's Satoshi Nakamoto's possible wallets (the top 5 addresses on the rich list). Moving over 100k Bitcoins would mean a drastic price move, and probably a lower price in the end because it would mean the top 1 "investor", or the possible creator of Bitcoin actually wanted to get rid of Bitcoin and.. actually did it. It's like I had a company worth a million bucks and tomorrow I sold it. The stocks would go down for my company. Bitcoin is both fun and future. It's actually the fun future  You can get it in so many ways and have fun while doing it. This forum is a great example. |
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My recommendations is buy low cap coins
Only buy the promising ones, low cap coins are out of my plan because it could potentially drive me to the bankruptcy and have a low chance to grow and become a huge coin instead of just keeping their dust value. Still feeling comfy in the safe zone I suppose. If you want to do that, you can invest $0.1 in each low cap coin, so a total of $10 would mean 100 coins. I did a similar thing but with three coins, investing $1 in each. Be careful though, you might have problems after investing in dozens of coins with managing them. I'm choosing only coins that can have a paper wallet, so I can basically have them in my hand and easily check them on the web. I don't think there'll be a coin that will get to a high price though.. The Altcoins market is over since the scam coins appeared. Just a few days ago I saw a photo somewhere, comparing the prices of the altcoins in 2014 with today's price... Awful! |
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Western union and money gram are sneaky thieves. They are low in transaction speed and the costs are higher the poorer the destination of the money is.
Of course Bitcoin is way more better and efficient than those services. But these companies exist since a long time and you can not make them disappear over night. It will happen but it will take some time.
all will be shifted by a period, which is good and which is bad, of course, people who use the service will decide between western union or bitcoin to be in a superior right by its users They will likely NOT be shifted after a period of time. There have been banks for hundreds of years. Bitcoin is better for sure - consider the speed of the transactions. Between banks these can happen in even 3 days and the fee is pretty high while a 3 day confirmation is probably around $0.07 in fees if you want to send a BTC transaction and get it confirmed in approximately 3 days. Bitcoin will always remain the superior one but not so many people know about it. If it gets popular, it's against the will of the governments. I guess this is why Bitcoin got rejected in the ETF poll and that's why the Chinese government is starting to investigate Bitcoin as much as they can, and to track the users and the money that's sent over BTC. Bitcoin's coverage is way smaller than WU's, so this is probably the only con. |
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Some of us (including me) do not care that much about that decision. I'm still using it whether it is accepted or not. Bitcoin remains a cryptocurrency I want to be anonymous. As soon as this gets tracked, it probably won't be in my interest anymore. There have been many big corporations or important polls that rejected Bitcoin, and we see the price is on top of all the time at the moment. The ETF decision doesn't exist for me - I'm using it the same way as I used it until now, and I don't see issues coming soon. People are still buying it..
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Well, we have now to send transactions with a fee $1-$10 otherwise the transaction will never get confirmed
Just telling you, don't waste your time posting a thread on tech problems section
Even now transactions with less than 0.01 BTC will never get confirmed(or it will take longer)
You delvs didn't trough this could happend if the bitcoins went up the market?
Yeah, but good thing that I cashed out my bitcoins earlier haha.
Hey OP, how did you say that bitcoin is worst? is it because of the fee they charge?? I guess you do not know what really business is, and so why you compare paypal with this?? Elaborate it.. It's not even comparable to PayPal. Bitcoin might need higher fees for faster confirms but that doesn't make it mandatory.. You can change it the way you like, and by the needs you've got. PayPal is bad in many ways: not anonymous, there are refunds so therefore there are scammers, the fees are pretty high and you cannot change them and so on. Bitcoin is exactly the opposite of this. I feel safer with it rather than using my credit card that's linked to an online account. Oh, and not to mention the security and safety Bitcoin can offer. |
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It's facing challenges with confirmation delays and huge fees but it is not dead so the doomsayers should excuse me. Just a little hitch and then you predict doom. Why don't you exercise some patience and let's try either segwit or BU or whatever fork or expansion of the block size before you conclude.
We have had many spikes and hikes in the history of Bitcoin, even huge ones like the difference between Dec. 2013 and the summer of 2015. The price difference was of +$700 and yet it didn't die. These things are happening with many currencies in the world, Bitcoin is the main virtual one. It won't die as soon as it is still usable, rare and partially untraceable, so used by many people that need safety. |
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It is possible to reach. Nobody ever thought in 2009 that BTC will be 1300 usd
I would have thought about it if I knew the supply was only limited to 21 million Bitcoins and it can he find trhough mining. Dogecoin has +100 BILLION coins available, so it's way easier to get a Dogecoin than it is to get Bitcoin. If everyone in the world would use Bitcoin, there would be around 0.0003BTC available for one person which would make it extremely rare to own a Bitcoin, whole there would be +14 Dogecoins available if it would be used instead. The more rare it is, the higher value it gets. So Dogecoin has a smaller chance to reach a higher price in my opinion. If it would, it would be like copper and Bitcoin would be the gold. |
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As I know btc site using web based page so it will verified depend on the site
For example bitcointalk using COMODO RSA Domain Validation Secure Server CA so people worried no more when they try to access the site
You need to secure your website from many things such as bots, DDoS, hackers or malware. Even some small websites that don't matter much are getting these types of attacks, so it's pretty common to have a good security no matter what website you're running. You probably need to pay a subscription to companies that offer you such services, but for Bitcoin websites you need extra security for the money that's being stored and so on, so that no hacker has access to any resource. |
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Monero
BitBay
Expanse
Decred
Unitis
bitbay? its been around for ages and its still what it is even today. it has all the features that we all like but so are the rest of the decentralized marketplace including the projects that failed such as openbazaar. aren't they all alike just like the bitcoin marketplace like coinmall and cointoli? its never going to be useful. Altcoins just aren't what they used to be. Years ago they were many times more worth than what they are right now. I have invested just a few bucks or some dozens of pennies just as a small secondary safe investment, but I prefer coins that let you make your own paper wallet too. One of these is TrumpCoin, I don't know much about the coin but the paper wallet design looks pretty nice and I see it's great for trading, as the price fluctuates between the same two points for days so you're able to buy for low and sell for high without spikes. What I'm afraid of is scams. There are good projects and there are those that were made for scams, and a good example I can give is Elysium. I didn't invest a lot in it ($1.5) but it was my first Altcoin investment and I will have to be more careful next time. Projects that seem to be too good to be true really are, or at least most of them. There are rarely projects that are truly awesome, and I have all the respect for the devs of them! The coin I'm trusting right now is Monero. |
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I earn a very little from the faucets. Those small amount was used for the transaction fee and for the small betting. With bitcoin right now we can do all sort of things that's possible with fiat.
Earning small if the first step on earning and making big money,no business is done and fix at high salary at first time opening same as being in bitcoin, starting is hard.Yes bitcoin can be spend almost on all things like fiat currency.Almost all things now is can be paid with bitcoins I don't think that it is still possible to buy anything with bitcoins as the usage and acceptance of bitcoins is very limited especially in offline world where you do no find any place to buy anything and even there are very few online sites that accepts bitcoin as a mode of payment. It is possible, but there aren't many places offering you services for Bitcoin. At least not in the small countries that aren't advanced enough yet. The USA has a lot of services in exchange for Bitcoin.. In my country I'd be homeless  |
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Actually we must have to consider this fact as logical statement if no one spends bitcoin.
Actually this cannot be happen. Because in market if no one going to sale bitcoin and if demand is increasing then price of bitcoin can reach to sky.
But this will never happen. Because till date bitcoin mining is going on and till 2145 mining will be continued. So till 2145 miner only get rewards for verifying transactions made within network. In no one spend bitcoin no miner will get paid.
If nobody spends bitcoin, it is useless and therefore worthless. it will worthless because if it is no where in the market it will probably lose its value and hence it will be worthless. but i think it is hard tohappen because now bitcoin has customers in million so, i don't think it will happen ever. I don't really think it would be worthless. If less people would use it, the price would go even faster because there would be even a smaller amount to be used, so a smaller available supply. I'm not sure which one drives the price higher though: people having it but not spending it or people spending it more than ever before? |
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Maybe one day it will. For now we are looking at a price of just $1200 which is way too low in my opinion, but things will change. I'm looking 24/7 at all the commodities (BTC is a commodity too), and they only keep rising. This is good news, maybe the real price will show up sooner than we think. To reach $1M though, Bitcoin needs years probably.
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of course in 20 years the price will gradually increase as because of that mining theory if we buy some bitcoin today and able to hold it for 10-20years then yes we will get huge profit from that. it can reach 5x-10x on our current price and it already proved its migtyness by beating the gold's price once again
Holding for 20 years.... Sounds like an eternity I don't think anyone of us will ever hold for that long, nobody knows what can happen until then! The best thing to do is invest it, in something safe and profitable. Or have more investments like gold, Bitcoin, silver.. |
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