I doubt that the government can do anything significant to bitcoin if they know about its existence. The government controls everything in their countries, but they can never control bitcoin because it is decentralized, anonymous. Using bitcoin will give you the chance to hide all of your information from the government
If the government gets to know about the Btcs in the country they would probably not take any step to ban its usage or to take the whole system under control. This is because Btcs are anonymous although with some kind of imperfection. They do not belong to anyone so it is always possible to continue with the use of these coins even after being noticed by the law making authorities. |
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They say that Cold Storage is the best place for our bitcoin when hard fork, but I really don't know what is the cold storage and how to use it but I want to know how it works so I can also store my bitcoin in a safe place. For the mean time, I just simply encash it and if the price fall down. I will buy again some bitcoin and wait for the price to rise again.
I can help you to understand the cold storage of your cryptocurrency. There are many possible methods to do it and obviously favored by the users due to high level of security provided .Best among all possible ways is to save your Bitcoins in the form of information in USB drive or making the use of paper wallet as well as offline hardware wallets for saving your coins. |
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yes, the only way to be truly anonymous is pay and be paid with cash in exchange for BTC personally by hands.
Is it though? In order to make such a meeting you need to use a phone, text messages, a public place. Basically with every step of finding and successfully meeting with a person face to face you lose at least some part of the "anonymity" if not all. Yes obviously coins are anonymous because whenever we buy and sell in terms of this digital currency any type of personal information regarding the holder is not required at all. However perfection in terms of anonymity cannot be achieved via bitcoins. So no one can completely declare it as anonymous because it is somewhat pseudonymous. We all know that any type of exchange is not traceable and hence it provides a greater level of security to the consumers. |
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Hello
I'm totally new to bitcoin.
What needs to be done if i want to accept micro bitcoin for services that i offer? What type of set up i need to do?
Thanks
Steve
In my opinion, if you want to offer a service that rents people and pay by bitcoin, you have to rank up and elevate your reputation first. If you use Newbie account to offer service, people will think you are a scammer. And if you want to use bitcoin to pay for the service, you need to create e-wallets on the website for example coinbase.com and blockchain.com so that you can pay by bitcoin and altcoin  Exactly! There is no way that we can deny this fact that bitcoin is very much costly and it is not an easy thing to get bitcoin in reward of any kind of service. If you really want to get bitcoin in return of your service which you have provided, then you have to earn a very good reputation. Only then you’ll be able to get bitcoin in return. You actually need to work hard and earn some better ranking amongst others. |
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Is there any Supermarket or Malls Accept Bitcoin near you ?
No. I think it's too early to think for that because bitcoin is not tackled up until now in major events or in our government. Only a few people know bitcoin in us and I think a few years more before I can see our malls in the urban area accepting bitcoin or other cryptos. There is only 1% population of the entire world who actually knows about bitcoin. Moreover, this is just the beginning of an era of bitcoin. I don’t think so that at the very present moment, there is any kind of supermarket which is accepting bitcoin anywhere in the world. But you can expect lot of good things to happen in the near future. Bitcoin will for sure make a good name in the future. |
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There are two different ways you can code a cryptocurrency coin. First of all, it can have a fixed end such as Bitcoin. This is when a final number of Bitcoins are mined and then there is no more reward upon completing blocks. However, on the other hand some cryptos will never be fully mined, only splitting into smaller and smaller portions over time, with some always remaining to be mined.
Agreed! There is no reason to deny this fact that the demand of crypto currencies is increasing with each passing day especially when we talk about bitcoin. It is because of the reason that with each passing day, more people are getting to know about bitcoin and all other crypto currencies. With increase in demand, the supply of bitcoin will also be increased. Mining is the best possible way to have more crypto coins. |
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The risk that I can see on holding btc is getting hacked and nothing will be left. There is a possibility that when you are checking or transferring your btc is they have already injected a malicious virus that will take control of everything.
In my opinion, holding the bitcoin is the best thing to do. The only thing which matters the most is your own knowledge. You actually need to be well aware of all the scammers which are sitting around you. Other than this, there is nothing harmful in holding of bitcoins. In fact, holding will help you in making a very good amount of money. You only need to remain calm under any kind of circumstances. |
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The internet - so many websites, so many videos that show you so many stuff. Just google it and some interesting sites regarding trading will pop up.
That is absolutely amazing answer in so simple words. You are so true in this regard. Google have everything about trading and investing and every other source of income you can even think about. Many articles are there to read and you will get the abstract of what is trading actually. Plus this forum is the most important and vital in this scenario, go through it and make you trading career. |
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Because we have seen that after segwit1 bitcoin fall and then increase immediately and break all previous records so after segwit2 bitcoin will definitely increase and one who have bitcoin in their wallet will get some profit so buy as much as you can.
Yes it is quite easy to say you will earn more than your expectation with such a little efforts from you side. Holding is one of the best strategies for making your wallet strong enough to hold many bitcoins in such a short time period. This can’t be achieved with any other income source. Like you said, all those how are on hold with their bitcoins, mind-blowing results are now. |
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So much so that 15% of banks world wide expect to widely implement blockchain, which is a ledger of transactions updated in real time by various institutions, by next year, according to the report which surveyed 200 global banks.
These banks, mostly medium to large-sized institutions, are focusing their blockchain technology on three areas: consumer lending, retail payments, and reference data, which refers to the real-time information sharing of transactions across business divisions and institutions.
In four years, IBM says that 66% percent of banks expect to have blockchain in commercial production and at scale.
For me, the reason why should buy bitcoin is because blockchains are taking over the banks in the world and a lot of improvements are being made in it as time passes by which involves having bitcoin in the banks. It is already the rise of digital age so having bitcoin will surely help you a lot while you are still adopting in the modern era. The value of it is also increasing so going hard in bitcoin will surely benefit you in the future days to come. You are aware of the increasing demand of the crypto in the world because now t is very easy and as the time passing the bitcoin is getting more and more high so I hope In the future a lot of the people are buying the bitcoin and they are having the bitcoin at the low rate and the high demand the bitcoin is surviving for the long and till the end of the universe eh bitcoin will grow and it will exist. |
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Your post guys are just on the top of something that confirms that cryptoearner will not pursue his plan of making his own gambling site. We know his budget is quite tight and it's a difficult to start with any business with that amount but you should start reading again the recent posts as his executing now to sell his dice script to anyone who's interested of making his own gambling/dice site.
Though it is going to take a lot of work, I think you should go for it, because in gambling, the house they say always wins but you are going to need licenses to operate your online gambling business depending where you are located in the first place. There is no doubt in it that no matter who wins or loses the game, the house is always happy because with every single game they do earn profit. Yep, it is not an easy task to establish a website and that too of gambling when there are already many sites in the market. You need to give something different form others so that people get attracted towards your site. Good luck, mate! |
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When do you stop? Do you have a daily limit or something?
Limitations to cash out money to play on gambling. When to stop, is do not move when you are not get on plan have a strategy to get win or loss the money from the daily needs of financial. Because something went wrong before you got worried. Imo this is best way to stop gambling, as long as you are strong and won't deposit more money after you lost some. It's also good to not withdraw all the money that you won, instead you can keep some in that site if it allows it for next time. Doesn't work for sure , limitation can be successfully only in short period. When you do it repeatedly in the long run you will have more desire to to play again and again. In the end you feel can never stop to play and ended up terribly . Yes, There are many people who put limits on themselves in gambling but only few end up following the limits? Majority if wins keep playing this game until and unless they don’t lose a good amount of money and this is how people become an addict of the evil game. This game basically all the time gives you hope of winning big amount which aggravates your greed to the point that you cannot even see your loss. |
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Judging by statistics on websites like dicesites.com websites are doing 10's of million of dollars a week in volume in dicing. Do you think this could translate to the real money market. Dicing obviously is giving all other casino games a run for their money being the most popular by far.
I heard Primedice might be working on it... It could be rumoured around their possible ICO post?
would you pls clarify what do you mean in this post.what is JUDGING BY STATISTICS? And what is TRANSLATE TO REAL MONEY MARKET?plz before starting some topics try to check those words your using if its appropriate on what you want to imposeor express..anyway DICING is a dominant on gambling this days and its really unpredictable how gambler get addicted unto it.but gambling is a gambling if we really want to get rich here in Crypto,we should avoid gambling addiction and focus in trading,mining and investing.. Not sure as well what he meant here, he's also connecting two completely different concepts that are not ultimately related to each other. This is just a typically spam thread I think. Op did not intend to really post a topic that would encourage any discussion about bitcoins nor gambling, actually it doesn't invite any sort of discussion. The only thing to discuss is the fact his is does not purport to be any kind of topic to be discussed. you got it right,and he cant even make an answer or stand on our questions,neither even make a reaction for us having clarification regarding matter.or he just dont really know how to explain those things.making topic is a obligation to make stand for those commentators . Yes, The word choice is quite in appropriate and obviously the statement itself is a prove that both of entirely different concepts have been mixed together such as a smash. Is he really trying to make the fun of Gamblers? Or he is just trying to get the shit out of us. We all know that dice is becoming famous day by day and it is possible that it would take over the entire world of gambling in the upcoming few years. |
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At first, it's really for fun even if you lose or win but when you won a big amount in the middle of your play, everything becomes serious and you play it now for profit.
its okey. BUt dont use gambling to take a profit in the longterm, gambling is all about lucky for fun or profit its depend on your self. I just use gambling for fun and do not use a lot of amount. I don’t understand how people play this game just for fun and entertainment. I don’t think so it is fun to lose your hard earned money. Gambling is never ever played for fun, those who gamble they all are having objective of winning some good money, nothing else. People do sue gambling for making profits that too large ones in short time and this is how they go bankrupt. |
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Bitcoin can not make banks to disappear, it will only make the banks to diversify. The banking sector have been in existence for many years now, their operations are not only approved by the Government but also approved by the members of the body. The banks have a regulating body called the central banks, so the banks have already gotten a solid foundation so talking of disappearing as a result of an Emerging Bitcoin which though is gaining ground in many counties of the world, but yet to be accepted in some countries,even when accepted by all the countries, bank may key into the Bitcoin Business as well.
Yes both have their own importance. You cannot compare two neither can deny one’s importance. Both are good in their own way, still many people prefer banks because they feel more safe on that side and some are getting into crypto so to earn more. Anyhow bitcoin cannot make banks disappear but can give a tough competition to it. |
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I think don't waste your time to those people who are not interested, instead just focus on what you are doing. Let them be the one to approach you on how you work in Bitcoin, when that's time happen, it's the right time to explain them what is Bitcoin, how to work on it and earn money, and also show them some videos and testimony on how Bitcoin change their life form ordinary people become productive in terms of financial aspect because of bitcoin work.
I think if people are not well educated about bitcoin then rather ignoring them give them some time, guide them show your achievements and let them know how and where it works. Help them in getting into some promising projects the more people get into it the more will its worth increase and more will be we benefited. So don’t ignore them just educate them about the blessings of bitcoin and put them on the path to success |
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Looking at the current market situation, investing totally depends upon your financial conditions. If you have some cash and want to invest and get short term profit, then you can simply invest and sell out before the crash. Or you can wait sometime so that there is a correction in the price of Bitcoin and then buy when price is dropping no more. This method may require patience level but will be beneficial in the long terms.
Yes this method may need to have a patience because in trading there is a many situation that you need to use patience in order to avoid loses and earn some good profit because of it. Patience along with commitment . The more you get keen about what you want to do and take wise decisions, you get success. In business proper knowledge and guidance is also necessary so to make progress and earn better. Using time properly and getting into some promising projects may help you out in securing your future and making your living standard good |
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Investing in gold is time-tested, it is reliable. But now other times, the digital age and with bitcoin have the opportunity much more in a short time. That's why I'm buying bitoyin. But I still have some gold, just in case  For me? Nowadays, Gold is hard for us people to buy. So I prefer buy bitcoins. Because buying bitcoins was easy done looking for a gold who is impossible to find. Both have their own importance, we cannot compare two. Each is with its own characteristic, bitcoin is quick and easy to be transferred and gives a high output and gold is complicated a bit to be transferred because it is first to be converted into money and then transferred. bitcoin worth is increasing but the fact cannot be denied that its price is unstable and the worth of gold is stable |
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Very true indeed that Bitcoin is not gambling.It is from the start that all of us knew that it is a digital currency.Maybe in some sorts,some people use this currency in their gambling activities.But it can never be gambling at all.It is a bright idea and right thing to do that we should use Bitcoin for investment and not for gambling itself.
The biggest problem of the people is little knowledge, as we know that little knowledge is a dangerous thing so before spreading any rumors first confirm it that what actually bitcoin is and how it works, a gambling is something in which one person is benefited and the other is deprived but here both partners are benefited and they get a huge profit. Before getting into bitcoin spreading such rumors is so unjust and unfair. |
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Try to find things which is much more important than gambling. Its very hard to stop if you really prioritize gamble. Try to slowly erase it and fill it with your new discovered things and make it your hobby. Be persistent and patience, as time goes by, you will be slowly not craving for it and will be much more into your new hobby. I hope that the one you choose to replace the gambling should produce good result and not harm your self so that you can have a much more better life.
It is even hard to find something that you like and change it with gambling. If we keep gambling that means we like to gamble that is why it will be hard for us to get out of this. If we cant get out of it then dont strain at all but better to take it slowly like me. I dont really play alot anymore but I am still playing although with only small amount for fun Playing gambling consistently does not mean we like to do it, sometimes we are too addicted that we cannot resist this temptation although we knew already it would only make us lose in the end. It's necessary to know our status in order to make a right decision on a timely manner, if we are addicted that means we need help from people who care for us and all we have to do is to listen and follow their advise. Playing gambling again and again without stopping yourself after mere losses is something that could have various other reasons despite of that typical addiction problem. Some people find it is a way to enjoy and have fun in their leisure time so they don’t give up on their routine to gamble everyday even after some he losses! To quit gambling for good makes sense when you have analyzed your present situation carefully. |
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