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It lies on the hands of the wallet owner really. As your own security can be compromise by yourself just by simply giving your personal information in Facebook people can try to crack your password with it just by trying to retrieve it. The best way to avoid this kinds of hack is having a two factor authentication in which if someone access your account on a new computer or device it will send you a code either on email or sms to verify that you are the one accessing your wallet on a new device.
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Fair points since no one truly know fair value of bitcoin and most people only say it depends on supply/demand. But i think he don't know about the huge potential behind bitcoin, what bitcoin really can do or how technology advancement will make decentralized cryptocurrency success.
Can you explain your statement about Bitcoin's potential? Huge potential on what? Saying that kind of statement about Bitcoin having a huge upside might be misleading as we still will go back to its only basis which is demand and buyer's confidence, it is really up to the traders on what price they want to settle again before doing another profit taking. By the way being frequently traded in the market does not show potential as they are just clearly taking profit from the volatility of Bitcoin. |
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The point is don’t say 5-8 if they know damn well it’s going to be longer. It’s alright to say we’ll be back in 24 or be back in 48. They just never warn anybody and then your bitcoins are stuck there and you can’t withdraw them to play elsewhere. Honestly, bitsler frustrates me the most when it comes to site maintenance. There will be minimal difference, just like last time. Why do other sites have quick maintenance and bitsler has maintenance like they’re reconstructing a massive website? It’s just embarrassing on their end to have developers as cluelsss as a prostitute in a church
sometimes you can not plan these things ahead of time! you have to do them as fast you encounter them so there is no time to give prior notice. and it is impossible to tell how long it will take to finish all the maintenance jobs. it usually always security stuff involved so it makes it even harder. taking more time is better then being sloppy in my opinion. So why give a time frame if “sometimes you can’t plan these things”? That’s all I’m asking Chill bro you are lucky that you are having this frequent maintenance and updates for the website, just by having these things you will know that Bitsler just want to serve you better or at least maintain the services you are expecting to receive. And don't compare the the length of their maintenance to others as we all know they don't have the same things being worked around during this period. |
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Business Insider interviewed the Chief Investment Strategist of BlackRock, Richard Turnill on what are his views about Bitcoin, and yes he is one of the people who are claiming Bitcoin is a bubble and he explains why he is not an owner of it. - Spectacular Price Increases, but there is no inherent right or wrong price fall
- What is the fair value for Bitcoin?
He is an investment strategist which he oversees 6 Trillion dollars of Block Rock, and any investor will play by the safe side which is Fundamentals and realistically speaking Bitcoin has none. |
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By design, a total of 21 million Bitcoins will be created over 100 years according to a logarithmic release function. At the time of writing, just over 13 million bitcoins are in circulation, meaning that an additional 8 million bitcoins will be mined over the next 95 years  . Given this timescale and the decelerating rate of increase of the coinbase, the supply of bitcoin can, for practical purposes, be assumed to be constant.  But you didn't explained why Bitcoin is a volatile currency, you might have explained why Bitcoin is expensive now as there is only 13 million in circulation. Having a limited supply does not explain the volatility but the buying and selling pressure can, every transaction of buying and selling will be reflected to its price chart in which we can determine the price trend. |
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With that kind of thinking like what you are doing now with the target price of 8000$ you won't be able to buy Bitcoin. You keep missing on opportunities since it was 200$, you know what can change that? Guts and Technical Analysis. You are scared of risking your capital and you don't know when to buy and sell you yourself is preventing you from buying Bitcoin.
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The best thing you can do is to buy Bitcoin directly and earn through it in terms of price appreciation, and avoid investments schemes such as hyips and cloudmining because it is more or less likely that you won't even get back the money you invested. Remember that almost all of them are fake companies in which they are fooling newbies so that they can earn money.
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Bsically you are just telling as the common funtions of a currency. Bitcoin even though it exist virtually it is still considered as a currency. Yes you can buy with it and yes you can earn from it. The only different thing is Bitcoin is decentralized making it more volatile compared to a fiat currency.
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By the way, Bitsler will not support bitcoin gold. It is every user's own responsibility to withdraw their bitcoin before the hard fork happens to claim their bitcoin gold. Additionally, bitsler will not support bitcoin gold at a later date.
Cheers,
Will there be anything happens to our account especially our balance when the hard fork time comes? It seems that last time hard fork is pretty stable. I do not know about this time but it said that bitcoin gold have the same protection as bitcoin cash which make it pretty stable. Am I wrong? Do you mean that our balance in Bitcler will decrease or become to zero? I guess not, because Bitsler had done it in the past and our balances remained the same. They also have advice us that it is our responsibility to withdraw our balances before the hard fork in order to have our Bitcoin Gold. Same procedure maybe as with Bitcoin Cash. |
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There are two factors that can make you predict the price of Bitcoin. One is news about it and second is Technical Analysis. Both can be used at the same time in order for you to predict the price actually. Usually looking just at the news won't really tell you a think that is why you need Technical Analysis for in order for you to know how the buyers and sellers will translate it into their trades. A price chart will tell you a story of how they view Bitcoin's value.
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A really poor performance for the Minnesota Timberwolves today. The Indiana Pacers won 130-107, they barely showed any effort for defense as the Pacers' starters shoot over 87% efficiency in there shot. They really felt the absence of Jimmy Butler today as he is feeling under the weather. The problem with them now is still showing until now. They really need to step up their Defense in order to be called contenders.
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This may happen. But I think it's a long time to happen and if this happens we're probably already adults. Before this happens I think it is necessary to fully adopt the crypto that is used in simple transactions such as buying groceries, shopping. And in other words it's easy for everyone to use. It is not much to do because currently banks has a great hold on the market and banks are conventionally acceptable to everyone but I think it may be happened when bitcoin recognized and legalized across the world and bitcoin declare a global currency. In this situation we may say that now banks are no more needed in the world but it will take some time to be happened. It is not impossible for bitcoin to overcome the banks of the world. If the Singapore Government will ban Bitcoin exchanges bank accounts what made you think that this country will accept Bitcoin in their local businesses? It won't because obviously they are blocking their bank account in order to render their Bitcoin useless, they are stopping them converting their Bitcoin to Fiat currency via bank deposit. So the next clear step shall be banning Bitcoin and other cryptocurrencies as a mode of payment in their country. |
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I do not know, because I am also confused with this question. But if I see bitcoin is able to improved a person's economy,or but for a county I still have not found anything that can make sure I think by day by day it will be large position also be improved by day by day, because now a day it will grow up some.
Yes.Many people involved in bitcoin now.Many people quite their real Job and involved in bitcoin now. Since they get income from bitcoin, their life is depend on bitcoin .Hence the bitcoin involved in the development of country .Many people inverse Their salary in bitcoin to get profit from it. Only because the economy of a person has improved because he makes now money with bitcoin doesn't necessarily mean that the economy of that country has improved as well. And if people win money from trading bitcoin, then other traders or other people has lost that money. So this is basically a transfer from the fiat money to the bitcoin system and this also doesn't mean that the economy of a country has improved. To see if the economy of a country has improved because of bitcoin, we need to see the whole numbers before and now? There is no such thing as an improvement of an "economy of a person" maybe what you mean is the improvement of his or her financial status. To measure the economy you must look at the micro and macro factors that involve the growth of a country in terms of wealth and resources. Now if many people are paying with Bitcoin especially the tourist you know that it is helping increase the wealth of a country. |
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Interesting last pages of this topic. Seems only "old guard" BT members are posting here so, I will stay calm.  I have only one question is this Bitsler having affiliate program that we could promote on the net? If not, do you plan one? p.s. By the way, faucets are boring.  There is one right now. You can copy your referral link on the affiliate tab of Bitsler, that if a member successfully registered under your name you will receive 10% Commision of Edge. Also the good thing about this is it will be hold and collecting on another part in which you can withdraw later. |
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Kids can be taught about bitcoins with reference to gold as how we buy gold and store it and sell when prices are high. This should work for the trading aspect, while using bitcoins as online money can be taught much easily because kids today are very much into technology and internet. They can understand the concept of Digital money quite easily because they are still in learning stage and thus will grasp easily.
I think trading and investing is a serious thing and should not be learn by kids because they are still young and their interest is not yet on serious things. They can be taught but the question is, will their interest will remain in bitcoin? In my opinion, it is really a good idea to tell our kids about this concept of crypto currency and bitcoin. It is not necessary to tell them all the complex things related to bitcoin, but we can give them a basic introduction about bitcoin. This will help them in knowing well about bitcoin. We can teach them using visual assistance as kids learn more things by looking at the things instead of telling them verbally. And I think it is a wrong move for parents on letting their children introduce technology and internet at an early stage. This is one major setback for people who want to teach their kids about Bitcoin they are way to distracted on the screens of their mobile phones and computers that it is hard for you or any other parent to teach them new things outside of the four walls of the classroom. There will be no guarantee that the kids will even have interest about Bitcoin in the first place. |
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I think if Bitcoin was a stable price bitcoin would be dead right now. Because people invest in bitcoin because the value is not stable. They make money because of this and that is what people want. That is why everyone is here right now.
For starters Bitcoin is created as a currency in the first place and not as a mode of investment. Having a more stable price will of course be bad for profit takers or traders but on the consumer's end it will be good as businesses will now be more than willing to accept Bitcoin as a mode of payment because they know that the value of their earnings won't change or at least be near at what fiat currency has to offer. Bitcoin being a worldwide use currency will become a reality if that happens. |
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I mainly hold my Bitcoin in my wallet rather than use it for paying online transactions. Because if I have other options to pay online then I will use it first before using my Bitcoin as using it right now will be a total waste of opportunity. Decreasing the Bitcoin I am holding will weaken my position of price appreciation. Right now when the Bulls are dominating the market it is better to wait rather than to use what you have or rather sell it at an early stage of the trend.
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This is the same prince who stated that oil won't reach 100$ a barrel ever again. Look at what the price of an oil barrel right now is? Yeah it is still over half his prediction which is 49$. Even though he has accurate statements it is about oil and mostly they have control over it while they don't have control over Bitcoin and they cannot really have a good accurate prediction with it as the buyers are the one who will determine the value of Bitcoin.
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I think that you should avoid it as much as possible. Bitcoin ATMs are businesses and therefore you are really not getting the real value out of your Bitcoin as its prices are in favor of the Businessmen. Although atms are convenient for people you will be on the losing side. Selling your Bitcoin with a real person is really the way to go. Make Bitcoin ATMs as your last resort when it comes to converting your currency.
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I don't think that it will double its popularity if all cybercafes accept Bitcoin as a mode of payment. They are just customers and their target are mostly people who are college students. A mode of payments does not make them aware of something it is just that people who know may opt out to pay in that kind of mode. Cybercafes even though they are many are still a small part to influence everyone to make the popularity of Bitcoin double.
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