I would like to join your campaign.

Your Username: farhaan
Position to Apply: junior member
Your Current Post Count: 62
Your BTC Address: 1DnYVw1RHcG8n4MYYvLeugXiRtdqwdtGYw

Im interested to do the work. Pls pm me the details.

I would like to participate in your campaign.

Btctalk Name: farhaan
Rank: Member
Current post count: 60
Btc address: 1DnYVw1RHcG8n4MYYvLeugXiRtdqwdtGYw
Wearing Avatar : No

Bitcoin was created by satoshi as a decentralized currency. But, since china has huge mining power, most of the bitcoins are mined by chinese miners.Obviously, chinese hold majority of bitcoins so that they could decide the price of bitcoin. For every small changes occuring in china related tl bitcoin, it has a world wide impact.Its not good for bitcoin progress. Unfortunately, we have to accept that china controls the Bitcoin.

Satoshi created bitcoin to make people free from banks and do transactions without the involvement of banks. He created bitcoin as a decentralized currency, not controlled by any one. Today banks are facing their revenue losses which they got as transaction fees.Governments fear bitcoins that they cannot control any illegal transactions if done through bitcoins. In this situation, satoshi would have thought his life would be in serious threat if he revealed his identity.So, he decided to just stay behind the screen.

Bitcoin is a decentralized digital currency.It is mainly bought as an investment which could give huge returns.Its price was $750 in december and now its price is around $915.Not even gold can yield you such profits.Transaction fees for bitcoin is also low when compared to other payments.Transaction time is also low.You can also trade by buying altcoins with bitcoin.

Yes,in india, due to demonitisation of high value currencies, people are suffering from lack of money. They have to stand in long ques in ATM, still most of them dont get. They are not even able to get medical treatment.If indians had already known about bitcoins, they would have escaped this disaster to some extent.Corrupt politicians and black money holders are struggling to save their illegal money.I think they would turn to invest in bitcoins as last option and it would increase the bitcoin price more.

Satoshi created bitcoins as a decentralised currency and he wished to free people from banking sectors. Bitcoin has become the worst nightmare for most of bankers and governments. He might have thought he would face a safety issue from such people and he decided to hide his identity.

First, i started to earn bitcoins by joining signature campaigns. Then i tried faucets and ptc sites which turned to be a mere waste of time.I decided to mine altcoins but i was not satisfied with the outcomes.Then i purchased altcoins and started trading.First since i was new to trade, i suffered some losses, but now i have become an active trader.

I would still use bitcoin since transaction fee is very less and transaction time is also less compared to money transfer exchanges.But bitcoin will not be this much popular if its price is stable for years.Bitcoin is mostly bought as an investment which would give huge profits and if its price is stable, investors would just avoid it.

Bitcoin investment is safe and secure when compared to any other altcoin most of which are just pump and dump.Its very hard for another crypto currency to replace bitcoin. But when quantum computing comes in future and if it affects block chain system, then at such situation, it may become possible for a altcoin to replace bitcoin.

Actually, pump and dump is done in altcoins where market capital is small and price can be easily manipulated by big whales.They can pump the price for selling at high price and dump the price for buying the same coins in return at lower price.But bitcoin is a world wide market with huge market capital. So bitcoin price cannot be manipulated by pump and dump.But still, sometimes, situations in china have an impact on bitcoin price. Last month, there was a huge increase in bitcoin price fro $750 to $1150 followed by a immediate fall to $850 due to actions taken by PBOC.

In an investment, you just invest your savings and just remain idle. Either the price of asset you have invested can increase or decrease.But in trading, you have plenty of options. You could switch yor investment immediately and can gain profits. But trading involves huge risk.You should only invest the amount which you can afford to loose.Better invest small amount in trading initially.After gaining experience, you can invest more in trading.

The main disadvantage is the time taken for the confirmation of transaction. Day by day, time taken for confirmation is increasing.Another disadvantage is the instability and high fluctuation in bitcoin price.For that reason, major companies avoid accepting bitcoin as payment. Even though,bitcoin is called as decentralized currency, china has a little control over bitcoin price as it holds more bitcoins and more bitcoins are mined there. It is also a disadvantage.

If bitcoin is accepted world wide to buy all the things like US dollar, then only income tax can be avoided.But, it is not the case.Every time, for buying anything, we have to convert bitcoins into fiat and so we have to pay tax for the fiat converted.To my knowledge, we could recharge our mobile and hardly buy products found in some offers online produced by individual persons. It would take a long time for us to avoid income tax on our bitcoin earnings.

Even if bitcoin price increases or not, i hope it will not fall below this value. The price fall before two weeks occurred due to changes in china. But, bitcoin has recovered from it. So just hold your bitcoins and dont sell it for fiat or altcoins.

Definitely, it is the best time to invest. Bitcoin has fallen from $1150 to $850. Chinese have sold out huge volumes of bitcoins in panic due to actions taken by PBOC.Even then, bitcoin has not fallen like 2013 because now more people know the worth of bitcoin.Surely, bitcoin price is going to increase and so dont miss this opportunity.

You can start writing articles about things which you are very much interested and about which you know.Periodically, you should update information so that readers continue visiting your site.You should generate traffic to your site.After six months of starting site, you can apply to google Adscence for displaying relevant ads in your site. Once any visitor clicks such google ads, google will pay you for that.You can join any affiliate programs and place your referral links in your sites.You may get passive income by these means.

i just recharge my mobile using bitcoins and no other option is available for me to buy any thing with bitcoin.Most of the retailers dont know about bitcoins.Even if they know, transaction time for bitcoin is more and they may not show interest in accepting bitcoins.

Bitcoin will not replace fiat, but it will become a secondary payment option next to fiat. In india, the government tried to convert people to digital payment and demonitized large value notes and its suffering from economic crisis. So there will be people who always love to use fiat.But due to bitcoin usage, fiat usage will get reduced considerably.