Actually its impossible to track whether anyone is having Btc or not. Even if they got the address to check the btc balance, the owner is still incognito. As of now, there is no kyc system that can track if anyone has btc and the owner respectively.
I agree with you. Even bitcoin is in virtual world and there are too many hackers in ine country; I do not think they will be able to know if one person is having a bitcoin. If they will get your bitcoin address even only one out of your overall bitcoin addresses then they can link up all your bitcoin address because with the use of blockchain explorer then they can look up at your address there by copying your address and just searching for the transaction that you have from the start up until the latest transactions.
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The most digital valuable asset of this generation is bitcoin. Unfortunately, we still cant tell who invented this great coin and I think this is a shout coming for bitcoin. We have defined if value and so shall it be. Gold is a physical asset, bitcoin is a virtual asset. Both are valuable but one is more risky to trade with or make investments.
bitcoin does have a risk, though bitcoin has a better and more useful use of Gold, for example for transactions between countries, does gold do it? certainly can not be so both have their own advantages Gold is just an asset and it doesn't have a technology like what bitcoin have right now and that is the reason why it is best for people who are investing in gold to transfer their money to bitcoin because it has more potential in the long run and bitcoin can give a lot of solutions to the world unlike gold.
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The chinese investors are coming and it is a good sign that the market will have a higher volume and a bigger view of investors because the chinese investors are now getting into the market again after a long rest for the chinese people since they banned bitcoin and now they are getting back to it because of the potential profit that they can get.
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If they will surpass the features of bitcoin and meet the expectations of the users of the cryptocurrency then i agree that they the other coins will beat bitcoin in the future and that will become the reason or way for bitcoin to lose value and it will start to go down and a lot of people will leave the train of bitcoin because they are not making money anymore.
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That's great to know. This is surely help me to engage in bitcoin. At first I thought the price is high! But, it's not that high for who invest to a large amount.
Exactly, but sometime the fees are getting higher but this is much more covenient comapare on making transactions with the banks. Blockchain technology really make this possible and this is why people loves cryptocurrency. That will become the key in the future why cryptocurrency will have a huge growth in the future. Cryptocurrencies will continue be improving and more people will prefer the cryptocurrency to be used as a mode of payment rather than an investment because of its cheaper fees than the regular ways like transacting in banks.
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I hope the bitcoin was transffered in the last few days ago are the purposes is to hold. I think it is good that you see that because the price of the bitcoin increase again and this is good to see this thread. I hope it will related to the bitcoin price that price increased.
We need to make sure that we are holding the bitcoin and not selling it because the said amount of bitcoin was a very huge amount and it can dump the price of bitcoin to at least 1,000 USD and i also hope that people will just hold their bitcoin and be optimistic for the incoming months of bitcoin and not sell their coin so we can avoid the dump.
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The popularity will help to improve for more unexpected transactions with regards to the new digital currency . If bitcoin and altcoins is being accepted in the world, this new technology will surely be develop and will be used in business sectors.
Business sectors are slowly but surely getting themselves into cryptocurrency. I saw a small business here in my country and they are now accepting bitcoin, nem and other popular cryptocurrency and for me it is a good sign that soon enough, the bigger businesses will accept it also and use it as their preferred mode of payment.
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It will change in the future because we are now moving to a better future with the technology on our side. Accessing computers are indeed hard for the other people right now because there are still people who are living like in the old days and there are people who cannot afford a computer and a decent internet but in the future, the generation will change and it has a higher chance for bitcoin to get adapted.
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I already saw some smartphones that are powered by the blockchain technology and i am hoping that in the future, blockchain technology will enter more industry and not only in phone but also in the computers and other gadgets to ensure that there will be a best system of technology that every aspect of industry can use.
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The regulation for bitcoin will come in the future for sure because the government are now taking a look for the cryptocurrencies and bitcoin is the representative of the cryptocurrencies so when they get interested in adopting bitcoin then they will just accept it and put a regulation into it.
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Bitcoin will last long and that is why it is the basis for the trend of the altcoins, if bitcoin goes down then the altcoins will go down also and if the bitcoin goes up then the altcoin will follow the trend slowly and if there will be no bitcoin in the future then it means that there will be a confusion for the trend of the cryptocurrency especially the altcoins.
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More and more countries are now legalizing cryptocurrency which is a great indication that cryptocurrency are the best type of investment and technology at the same time to grab because the different countries from different part of the world will not accept cryptocurrency if they didn't see the importance of having this kind of technology.
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I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
I think it is safe in your wallet but the hackers can hack it anytime if you will not be able to handle your wallet correctly. Keep it safe and together with your private key's to keep your investment with you. If you are afraid to the hackers then just go with the hardware wallets because they are better and safer than having an online wallet or even a desktop wallet they are great for long term holding since they got a safer method of storing cryptocurrencies which is by an offline wallet and they are hardware wallet so they cannot be hacked online.
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Bitcoin can provide a safer blockchain technology compare to the other existing cryptocurrency and that is the reason why bitcoin is such a great advantage for a country if they will use it and adopt it just like the Asian countries because it is the future of the world, the blockchain technology will play a big role in the world soon.
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It is the panic seller in the market who sells bitcoin right now because they are afraid that bitcoin might go down harder in the incoming months and they don't want that to happen and lose more money and what they gonna do to stop losing money? Sell, that is how they stop their losses and they sell bitcoin right now even though it is not advisable.
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South Korea is one of the largest countries in the capitalization of crypto-currencies. I'm glad that they made a decision that will suit everyone!
It is because cryptocurrencies are now unstoppable and one of the reason why other Asian countries are doing the same. If they will not open their doors for cryptocurrency or if they will not adopt it as soon as possible then they will get left behind of this growing industry of cryptocurrency and that is the reason of south korea for adopting it.
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yea I dis and now I am dying
Don't lose hope and just keep holding your bitcoin or do other things that will make your attention go away from bitcoin because that is normal to make mistakes from everything especially in buying coin because we don't know what is the possible price movement of the coin that we bought in the future but as long as we are buying the good coin then there is nothing to worry about.
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Bitcoins are indeed valuable because if it is not valuable then what will happen to the price of bitcoin? Of course it will go down to zero but as you can see that there are still a lot of people that have a strong faith to bitcoin and they know that bitcoin is valuable and it just takes time for bitcoin to prove that it is not a bubble or anything related for being unvaluable.
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This isn't the time for Bitcoin to die because you still see the price of Bitcoin and everyone is still making transactions with Bitcoin.
Bitcoin will not die because it is the mother of all of the altcoins in the market and without the bitcoin then there will be no altcoin because they will not have any idea to copy. Bitcoin's price is now moving up and it is showing a good bull strength and i think that we are on a bullish market and soon bitcoin will break the 7,000 USD resistance.
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Cryptocurrencies are always getting hacked because they are very attractive for the hackers since the money is there and it is not just about thousand of dollars, we are talking about million of dollers and that is why a lot of professional hackers are looking for any vulnerability that they can penetrate to get some easy money.
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