That's a very huge account and I say that it is a very attractive amount for hackers since they are the ones that you should be wary the most . Using an offline wallet is a good choice just don't keep huge amount of bitcoin in one address . Example use a different address every .1 bitcoin and all the security features of the chosen wallet are activated .
Offline wallets have restrictions in usage. Offline wallets cannot be accessed anywhere like the online bitcoin wallets. To increase the security it's better to split the bitcoin and place in several bitcoin wallets or else just split and invest you'll get a good stable earning as the amount is quite high about 100btc. 100 btc is a lot of amount and it should be stored in multiple wallets. That way make it most secure. Also Use paper wallet to store some of the bitcoins which u think wont be used for 5 years or more. But just one precautions, never store any of your coin in web wallets and exchanges where you have no control of. |
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Even with the raised fee, people are still trading at OkCoin and BTCC with huge volume compared to other exchanges.
I don't find huobi in your second pie chart, is there any reason for that?
Well, China is the World leader in most of the things and bitcoin is one of them. They have enjoyed lots of trading without fee in Chinese exchanges and now with fee wont let them back away. They are indirectly manipulating the bitcoin prices to their best interest. |
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Nobody seems to have a good answer to where Satoshi has gone and why he and his coins have not been seen for years.
I can think of only a few reasons why that might be.
1. He wants btc to succeed and knows spending his coins will cause a massive panic.
2. He is already rich and has no need for more money.
3. He was hired/tagged by an agency or institution and is under NDA.
4. He is sick of btc.
5. He hates attention/spotlight and does not want the leadership role.
What if the answer is even simpler? He had a car accident / heart failure and died. His wallets are lost and therefore never spent.
This is so much more reasonable and probable than "satoshi is an AI" or other crazy theories here. It's sad, but I think this might be the truth.
I have a feeling Satoshi is alive and watching the space. I will pick number 1 and 5, I think Satoshi is someone that put the success of his work ahead of money, fame and spotlight. He has much more money presently, and with the current price of BTC , He is a Billionaire I also think that he dont need unwanted attention that can ruin his success. He must be billionaire by now and if anyone who his real identity they can try to hijack him or his technology secrets. He could have threats to his life. So i guess his hidden identity is good for all of us. |
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where can i join signature campaign ?
You can't, all the campaign signature and Social Media campaign currently full for new participant, look like you late or you can wait for another campaign which is pay with Qtum if any  , wait announce from Qtum. Yes not only both Signature and Social Media campaign full, but also the Manager has announced this to be final week for signature campaign. I have sort of mixed emotions as i wish it to be continue more but then its the Dev decision. Happy in a sense that i have been with them and now i will surely participate in the Crowdsale later next month. |
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Yeah i think so, can play games as the faucet load's up.
Faucets are not the games. you have to fill the capatha to get the faucet going. I think you will find lots of small games in bitcoin gambling like Dice or spin etc and thats pays too. I have not heard of any game though. Some sites also offers incentive for playing chess with bitcoins. |
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Everytime a government regulates bitcoin leads to them legitimising bitcoin more in my opinion. There is nothing wrong with a government trying to protect consumers, it dosnt mean it will be successful as people will use bitcoin how they see fit.
If government tries to regularize bitcoins, how come it would protect consumers ? Legalization / Control over bitcoin by government will only protect Government institutions so they keep on imposing unwanted taxes on consumers and other such stuff. It by no means be a beneficial thing for the bitcoins users. |
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Some countries do not recognize bitcoin as currency yet, so that’s a big difference right there, right away. There are still debates as to whether it is to be considered a currency or property. While in Japan, it is a virtual currency but not yet considered as a currency that can be used for local purchases.
I am hearing first time that some people think bitcoin as a property.  Property is a physical thing which has existence on earth. How bitcoin can be a property ? Yes, bitcoin can be a commodity as people are using bitcoin only to get profits and trading. They are being used just like shares of a company etc. I think we should try to promote bitcoin so as people use them purely like a currency. |
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They are all scams. Why do they need to attach a new coin with no use in their platforms? Why not use Bitcoin from the start? The result is still the same. The people who invest in them still dump those coins in an exchange and hold Bitcoin including the founders.
Not all coins are scams. Yes, Coins are made by the dev. to get profit only and very few of them are for lifetime or long term. Considering on how to check if ICO is scam or real, just see if ICO is properly escrowed than it will not be a scam . Do not invest in any ICO which is not backed up by escrow. |
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Well, it is very difficult to predict, because if it leads to a good thing, certainly, bitcoin will become increasingly popular, and has a high price 20 years later, but if not, we can be sure bitcoin have a low price. but, I hope, bitcoin get better at that.
In 20 years , bitcoin will be fully established and will be the only currency worldwide. There will be no point of bitcoin value high or low as we will not have USD to compare with bitcoin. This is my prediction that Fiat will end and only bitcoin will pertain after 20 years from now. Lets See  |
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Is there a web wallet for RaiBlocks?
If you have problem with wallet or dont wanna to handle it conctact onlinedragon he has a team working with him and he just charge 10% from the ammount he does get daily with his auction, you can choose to sell your mrai or hold them, its up to you, his team has almost 100 members soo he is trusted and helping a lot people here as well. Yes, i have seen Onlinedragon doing a great work and only taking 10% of the fee.Counting 100 Members claims each day and then paying them daily is not an easy task. Those who are collecting MRai these days and not selling will gonna be millionaire as Mrai will reach above 1000 SAT within a month. |
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I guess it is the duty of the gambling site to register their business and withhold tax from their clients on the winning bet.
The withholding agent (gambling house) then will do their responsibility to remit the tax collected and you are free from any tax liabilities. Just my opinion but as I say, you have to review the details of the law.
That's not going to happen in the U.S. as the gambling sites are not registered and do not comply or withhold tax. Thta's up to us to keep track of our wins and losses and declare our income. My concern is more with the tacking of Bitcoin buys and sells when you win and lose at a Bitcoin Sportsbook. Technically, it sounds like I would have to report a Bitcoin "trade" every time I placed a bet in addition to tracking the gambling wins and losses! Anyone have any experience with this? Most probably just don't claim their gambling activity on their taxes and in reality not many have much in the way of winnings to report. Bitcoin gambling is tax free as one can register anonymously in any bitcoin site and transfer their earning to their wallets and government cannot trace it. But then if there is a rule, it must be follow. Rules are made for our benefit and also honesty is something which comes from inside. People should be honest even if they have a chance to fool the government and not declare their bitcoin gambling income. I dont think anyone is that much honest to support the government and not himself. Does Government give some amount if you lose in gambling ? No, Never. Then why they need our money when we win ? By the way, Do you have a link stating this current rule for U.S ? |
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If you see the polling results till now you will see Total Voters: 287 out of which 57% voted for trading and that is obvious. The thing which make me alarm is that the next highest percentage is 30% and it comes under "Others". Can anyone tell us what is "Others" ways of bitcoin earning so we also know them ?
Well, Other ways of bitcoin Sourcing may involve the Services or business which are being paid in Bitcoin and it can include all the work paid in bitcoins. I am not sure but i think that is what is meant by Other here. HYIP, RevShare, Cloud Mining and gambling are way too risky. |
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Yes I think there is no proper price for bitcoin, actually bitcoin was created for user to be more convenient in transaction and no need to exchange rate to do global transaction, but somehow now it become the trade commodity and because of that the price becoming more valuable, so it is about market demand, so there is no actual price for bitcoin
You are right. Have you ever been told USD price is this and this. NO. But when we say about bitcoin we compare it with USD because Bitcoin is not widely used and we normally convert the bitcoins into Fiat before using it in majority of locations. So thats why its price is determine by demand and supply like a commodity and not like a currency. |
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It was really weird experience while i had started bitcoin for first time because, whenever I used to send bitcoin to my friends or any receivers then along with actual payment wallet used to cut fees and at that time I was not aware of transaction fees so at that time i had no knowledge of this and this had irritated me.
This is exactly one of the things which slows down the adoption process. The transaction system is quite hard to understand for a newcomer and many people do a lot of mistakes during their first moves, so then they may feel discouraged to continue using bitcoin. For me, it is still hard to calculate proper fees of a transaction, I'm always afraid that if they will be too low, the transaction will take forever, or if they will be too high, so I have to pay more than I actually should.  Well it not as hard as it seems to be. You do not need to alter the transaction fee and go with the default fee which wallet computes automatically and you will be perfectly fine. My first experience of bitcoins earning was in the shape of faucets which i later realized were waste of time. |
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Why did Satoshi hide his identity? Has anyone seen Satoshi in real life?
Is Satoshi one person? Or is it a community?
I read an article that monero owners/team is in investigation by FBI because criminals have used this coin and I think that they have tried many time to see who is satoshi and maybe to arrest/contact him to give more information about bitcoin users(just a speculation), sometimes I think that it is better to not know who is or are Satoshi because bitcoin is an innovation. Some are claiming that they are satoshi but I doubt. Well Criminals can use bitcoin the same way as criminals can you local fiat. So its not right to associate criminals with bitcoins. Bitcoin , just like any other currency can be used in good or bad way. As far as Satoshi is concerned, is there any proof that the creator of bitcoin name was Satoshi ? |
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Biggest regret is definitely gambling and losing 8 BTC a few years back. That's probably why you see me adamantly opposing most forms of gambling around here. Most of the time, it's just not worth it.
Loosing in gambling would be always number one among all regrets. But 8 BTC it's just huge money today. Losing 8 btc is a high amount but then only one person who can afford to take risk of 8 btc can do gambling of 8 btc. So for him loss may not be as big as it seems. For other person, 8 btc might be the earning of the whole year and they wont even dream to risk it in gambling. |
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I just think that altcoins are great because they bring in innovation and if it works great on altcoins maybe Bitcoin can adopt some of those innovations.
Altcoins is good in most cases as it provides healthy competition and also provide some business for people who are in altcoin to bitcoin trading. But Bitcoins don't need Altcoins in any case and they have their own existence. |
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Go guys!
In many cultures and countries is gambling consider as a bad thing which only the poorest and silliest ones do. Many gamblers try to hide that they gamble from their friends and families and feel really shameful for that. Do you consider gambling as a bad thing? Do you feel shameful or proud for being a gambler? If it is shame what you feel what do you about it? How do you hide you're a gambler and who do you hide it from?
Let others know!
Most of the gamblers not all, true they hide there identity being a gambler. But in some understanding of others, if they just want to have some fun only, I guess it can be consider as moderate player only. But if you play and become greedy in gambling and good manner and right conduct has been changed because of it. That's what you called shameful already and had became addicted unto it. In countries where gambling and casinos are legalized, no one feel ashamed of them. But there are few countries where play gambling is prohibited and also not allowed in their religion. Playing Gambling in those countries is a shameful task and therefore people try to hide their identities in gambling. |
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What frustrates me currently with bitcoin is the fee and the unconfirmed transactions.
I experience 24 hrs or more recently, I understand it because of the massive transactions
that is going on but if I need the bitcoin to pay someone or receive one, I have to wait
which sometimes put a stress on my relationship on the one that I should be paying
because he thinks that I will not pay him.
Bitcoin fee is not the one which is too much to be get frustrated of. Unconfirmed transcations is the one thing which i also get frustration as sometimes it takes larger than longer to be confirm. A few times i have put money in sports betting and it takes more than longer time to confirm and i lose due to late confirmation. |
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difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.
The things mentioned above are characteristic of Bitcoin and real money. But just tell me one thing, Is bitcoin not real money ? Bitcoin is a real money in itself and is not a fake money The Question should be different between Bitcoin and local money ? |
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