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I guess the word hater and fans will describe the word well. Of course if you are fan you will surely love bitcoin other wise you cannot be called a fan. If you are a hater then you hate bitcoin since you cannot be called bitcoin hater if you love bitcoin. Thus we dont need definitions since it is already self explanatory.
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This kind of explanation is well done. It explained how the price of bitcoin surged up to 20k$ last year, 2017. But as we all know bitcoin those who think bitcoin as a haven for a safer asset then this year their minds have shifted since they have suffered a huge loss due to the price crash. Some of them have probably left bitcoin while some are still waiting for the recovery of bitcoins value.
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I just came across the news that bitcoin is Shariah compliant and it could be very helpful in clarifying Muslim brothers about whether to consider as a haram or halaal. Things look positive and I am expecting more investors from countries like UAE, Qatar, etc. would believe in bitcoin technology and the use of it. Besides, these countries have very high sovereign funds for investment. ( https://news.bitcoin.com/research-paper-declares-bitcoin-compliant-with-shariah-law/) Any opinion is highly appreciated. Bitcoin is not against the Shariah Law and there are muslim scholars who already agreed to this kind of statement. Anyway, let us clarify first the word halal, halal refers to the preparation of meat by the muslim in according to their shariah law thus we cannot apply this to bitcoin since bitcoin is not a food but a cryptocurrency. But anyway bitcoin according to Muslim Scholars are in compliant and not against the Shariah Law and its just a matter of time before Arab and Muslim Countries will jump and join the bitcoin market. |
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Hey all,
I've been watching Bitcoin since its inception (whitepaper) by Satoshi, and have been following the Bitcoin phenomenon grow upon the US and then the rest of the world throughout the years, and while Bitcoin had it's ups and downs (prices/usage, but mainly the fear a round it this last year) it's been a huge success and an amazing project that had withstood the biggest and strongest evil forces you can think off (governments, state judges, whales, asic companies, ...etc) and it seems to me that Bitcoin will probably have few more years it needs to suffer as it becomes fully mainstream and finally a part of our life as a decentralized currency.
Whatever happens to Bitcoin is totally in our hands, but we cannot let individuals ruine Bitcoin. Individuals like whales/51% consensus pools (company) and more. Although it's decentralized, and quite fast (with the aid of the Lightning Network of course) I think that Bitcoin Core must implement some sort of protection/punishing mechanism to make sure the status quo is not affected by the hands of those wishing to control it, and therefore doing whatever they want with it (dumping prices, withholding coins) ...etc.
It's time that developers really think hard on the state of Bitcoin and where the true vision of Satoshi (either a group or individual it doesn't matter) is. It's our obligation to remain true to that vision and make sure that deventralization at its core means true equality to its users.
Whatever your thoughts are, please share and let the community follow what's right, not what is!
Punishment is a good deal but just imagine who are those people who really is pushing the market and value of bitcoin soar up. It is the big whales indeed and if the developers themselves who have the largest whales of all times will create punishment then they are going against themselves. So I guess that suggestion will not be implemented, but it was a nice idea after all. |
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The last date of tax filing in the US is April 17, 2018, which is just a few days away. However, reports suggest that Americans aren’t really feeling paying their crypto taxes as being just 3 days away from the end of tax season and only a small fraction of American residents have actually filed their cryptocurrency tax reports. Continue Reading: https://coingape.com/are-you-paying-your-crypto-taxes/Well the reason possibly is the amount of bitcoin at their disposal. Those who have a huge amount of bitcoin at their possession would likely to pay their taxes while those who have small amount would not even dare to declare it. Eventually for us in Asia we cannot escape taxation since the moment we buy bitcoin and we convert bitcoin into our local fiat currency we are paying already the service fee which part of it goes to the government. |
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It is the normal flow of the market. The higher the fall the higher the rise and we can also say the higher the rise the higher the fall. It is one of the basics in the market but sometimes there are just unexpected moments that those principles are being ridiculed. The cryptocurrency markets volatility is different from the stock markets volatility. Cryptocurrency's volatility is like an elevator suddenly it goes up and suddenly it goes down in a very fast manner.
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Craig Wright is not the real Nakamoto. Nakamoto is a wise individual and there is a reason why he is hiding in the shadows. The reason probably is to keep him protect his identity. Satoshi did not want to reveal itself since he also does not wanted to be chased by the government unlike Craig Wright. If Nakamoto wants to show himself he will use his old and original account on this forum whose username is Satoshi.
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Just a good topic to consider. I know its been discussed before.
Since Bitcoin was created for to be used as a Peer to Peer currency system etc
seems more that cryptocurrency is used for more the investing aspect on value with FIAT
Really I ask, when did this concept start with using crypto to invest to get more FIAT
Why Did it happen this way?
What started having that value ? crypto into FIAT
I know in some small places or cases it is being used as a currency eg Venezuela etc.
anyways hope to hear some good responses.
Bitcoin did really start off as a peer to peer but since there are no merchants that are willing to accepts bitcoin it evolved and was placed inside exchanges as an object of trading and investment. But we cannot blame bitcoin for that since bitcoin was not a flaw but rather the community is not yet ready for bitcoin to be on the mainstream. |
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"This makes us the first Surf camp in Portugal to accept Bitcoin and only among few to do so in the whole world.” - Baleal Surf Camp Founder Baleal Surf Camp can be found in Peniche, Portugal and here: http://www.balealsurfcamp.com/ Coinmap.org listing: coinmap.org/venue/13559 More info: https://www.cryptodome.net/bitcoin/peniche-bitcoin-portugal-surf/More words from the founder himself: "To properly celebrate this and because we surfers are very similar to cypherpunks in spirit, during our current mid-season all our clients that use crypto to pay will receive additional 25% off discount on our packages. That discount is on top of all the current promotions that we have." - Baleal Surf Camp Founder They are celebrating 25 years in business with 25% off. On top of that using Bitcoin gets you another 25% discount. Using BTC here is the smart thing both for them to implement and for you to use when paying for your dream surf holiday. As the ones handling their implementation we cannot be more thrilled then to see new clients like Baleal Surf Camp recognising Bitcoin for what it is >> the real future. Show the Baleal guys some love and support by commenting and visiting their site or maybe even realising your dream holiday. Wow, this is another huge news in the world of bitcoin. I can actually add this to my list of business, establishment and institutions who are willing to accept bitcoin or already accepting bitcoins. This is a sign that possibly bitcoin mainstreaming is being realized step by step and only if more of this businesses will be able to accept bitcoins then sooner or later the masses will flood bitcoin and its value is unimaginable. |
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After The Pump Of Yesterday This Is 3 Reasons Why Bitcoin Is Going Up ! #1 Yahoo Japan to buy miniority stake in cryptocurrency exchange : Yahoo! Japan Corporation (TYO: 4689) announced on Friday that it is entering the cryptocurrency space. The company expects to launch an “easy-to-use exchange” for cryptocurrencies in the fall of this year, Nikkei elaborated. Founded in January 1996 as a joint venture between Yahoo! and Japanese multinational conglomerate Softbank, Yahoo! Japan continues to dominate the Japanese internet industry while Yahoo! has been declining in popularity since the late 2000s. #2 Islamic Scholar Says Bitcoin is Compliant With Sharia Law as Price Surges : A recent declaration by an Islamic scholar that Bitcoin is compliant with Sharia law could be the cause behind today’s $1000 price surge, opening the market to Muslim investors who were previously unsure if the cryptocurrency qualified as money under the strict definitions outlined by scholars. Muslims account for 23% of the world’s population, with 1.6 billion Muslims throughout the world, mostly in Asia Pacific nations like India and Indonesia. Sharia Law, or Islamic Canonical Law, prohibits the practice of lending money at high-interest rates, known as usury. Debate has raged since the popularity of Bitcoin in the Islamic Scholar community as to whether Bitcoin trading was a form of usury due to the volatility and huge profit and loss margins. Read More In This Article http://worldofchd.com/2018/04/3-reasons-why-bitcoin-is-going-up/Well I dont think number two is the reason of such sudden price increase since if it is the muslims who are investing the movement of the market will be different from the market price trend that we saw the other day. More or less your posted number 1 reason could have some truths in it since according to some market experts the price surge was possibly caused by an institution buying a huge amount of bitcoin in 1 go. |
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WE ARE BITTREX DISABLED ACCOUNTS FOR 27 DAYS WITHOUT ANY REASON.
our account was verified
Bittrex is dangerous exchange and not reliable.
BITREX IS SCAM.
We cannot deny this that there are actually accounts which are banned by Bittrex and according to them the support was not responding. Some of my friends were complaining but some of my friends that bittrex is just doing just fine and there is no problem. Possibly the users whose accounts are banned did something that is in violating with the terms of contract of the said exchange. |
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Bitcoin was launched in 2007. It's 10 years and still no country has approved Bitcoin ??  and in 2018, 2nd richest man "Warren Buffet" said "bitcoin will end up badly" Warren Buffet just wanted to stir up the market and cause panic so that bitcoin holders will sell their bitcoin and Buffet can buy more bitcoins at a very low and cheap value. It is just their strategy, they will appear as if they have no trust to bitcoin but eventually in the end they are just waiting for an opportunity to buy at a lower price. |
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Bitcoin is green again, do you thing is good time buy now .
Well everything will depend on your stand with bitcoin. If you are a bearish then it is the worst time to buy bitcoin since bitcoin will still crash and will go down up to 2800$ or more. But if you are a bullish then it is a good time to buy more bitcoins since they believe that bitcoin will go up to 20k$ this december and the recovery is already starting. |
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Here we go...
I was observing the movement of bitcoin by looking at the volume of trade in the last 24 hours. From yesterday up to earlier bitcoins trading volume in Bitfinex , the largest exchange with the highest bitcoin volume, was climbing from 70k btc up to 97k btc. But at this point of time a change occurred and the volume today was only at 59k$, This means that the bullish movement was decreased thus it will be hard to tell if we are going up all the way. |
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The Banko Sentral ng Pilipinas (BSP) has already allowed the use of cryptocurrencies, but only for use in remittance activities. To date it has only two coin exchanges engaged in remittances, Coins.ph and Rebit.ph.
Both the Security and Exchange Commission (SEC) and BSP say they are not opposed to fintech innovations such as bitcoin, but they want to ensure the public fully understands such innovations before they get involved.
#Taklimakan
I have read this statement in an article or a news in the social media. This is really true but the support of SEC and BSP to bitcoin is conditional. With the rise of scammers using bitcoin as a mode of investment to fool people, bitcoin was always in the news. Thus even though bitcoin was already accepted by the Philippine Government but the masses thought of bitcoin as a scam thus the growth of bitcoin community in this country was stunted. |
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Dont panic at first. stay still .. wait for the right moment. try other stuff , then be back on the increasing market value of the your assets.. Market place is not so stable on some point, just have enough knowledge in your game. find a fast moving game plan so your coins, will not be stagnated.
That is right my friend, you hit the bulls eye. If you invested in bitcoin as well as other cryptocurrency or altcoins what we need is patient and good thinking. If we are impatient and very emotional then we would end up selling your coins at a lower value compared to the moment we bought them. If that is the case we will suffer huge losses. |
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Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. How fucking stupid is that? Anyone investing in crypto should prepare to gain 10X their entire investment. This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment. WTF is wrong with journalists today? There is only one thing or reason as how can we explain why that journalists wrote such harsh comments about bitcoin. Probably that journalist have invested a huge sum of his money into bitcoin last December when bitcoin was at 20k$. Then when the market crash he lost a huge deal of money, he panicked and sell his btc at a lower value. Thus with his bad experience he threw a tantrums against bitcoin. |
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In simple explanation Bitcoin is the currency while the technology being used is the blockchain. Bitcoins is build with blockchain as its foundation, without the blockchain bitcoin could not be called a crypto currency. Somehow the essence of bitcoin as a currency is the blockchain technology. But it is also important to understand what is this blockchain, blockchain is a record of transaction, a public ledger wherein you can monitor and trace whenever you make a transaction using bitcoin.
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:)Countries are divided into 3 groups: those who ban bitcoin, those who will regulate it strongly and those who will give complete freedom to development. The second and the third groups us well be satisfied with. This majority. It's enough to survive.Therefore, it is not necessary to look for negative outside of us. ;  In the future a new breed of cryptocurrency will be born. Decentralization will be out of the picture and private entities will no longer be the king in this industry. The future industry is controlled by the state and the central banks. Governments are now planning to create a digital currency using blockchain technology wherein they will control and is not market based. |
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Bitcoin experiences the biggest 1 hr volume in BTC historyYesterday, the bitcoin price registered a huge gain of $1,000 in just an hour. From $6,800, the prices got up to $7,800 for the first time in about two weeks. The crypto enthusiasts are surely elated, hoping that this might signal the bullish trend in the crypto market. Not just bitcoin, other cryptocurrencies including Ethereum, Ripple, Dash, and Litecoin also gained in double digits. Coming onto what caused this rise, experts believe there are several factors driving this rally. For quite a long time, bitcoin has been experiencing a cold weather. Bitcoin has always been volatile, since its inception in 2009, the crypto has gone through extensive up and downs. After hitting its all-time high at $20,000 in December, last year, bitcoin has been continuously sliding. Having said that, the sudden price rise of more than $1,000 in less than 24 hours has been unprecedented. However, even after the rise bitcoin price is 60 percent lower from its peak and a good 44 percent lower than at the beginning of the year. The surge was driven by the biggest one-hour trade volume in the history of bitcoin. This points out the fact that the rise has been due to speculative positioning. Experts believe the surge has been the result of institutional investors with huge funds in their pockets. According to a senior market analyst, Mati Greenspan, this is what has happened and will continue to happen. Read more: https://coingape.com/reason-behind-bitcoin-price-surge/ The expected bitcoin pump will start on April 18 and up but this is really unprecedented that the pump occurred yesterday. It may be eventually the work of an institution with a huge amount of money. He probably doesnt want to be late on the price increase since there is a possibility that somebody will move before him. In order to buy more bitcoins he did not hesitate to buy a huge volume so early this time. |
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