It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed
The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest
The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability
A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself
Never the less
HAIL HYDRA!
Sometimes this is very sad to see this that the currency like bitcoin who has such a great potential to be very great and it has that much to potential that it can reduce poverty to a very great extent is not has become the weapon of greed ,being decentralised some greedy people use it for selling drugs,explosives,money laundering etc,but I am very sure for one thing that this is not the end of bitcoin because I strongly believe in its sustainability. |
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“We’re not going to tarnish our reputation” Dow Jones CEOThe popular S&P Dow Jones Indices has come forward and made it clear that they are not going to introduce cryptocurrency indexes, for now. S&P has been receiving a lot of requests from their customers to build a platform that allows them to track the cryptocurrencies, but the index provider has no plans to offer any such solution for the time being at least. Continue reading: https://coingape.com/institutional-investors-entering-into-crypto-industry/ If seriously speaking I don’t know what to say about this issue that why such a big institution is denied to be the part of crypto currency, they must be having some issue but at least they should also consider the issue of bitcoin that is not yet centralised and therefore is is facing such a high fluctuations and some illegal activities associated with bitcoin and therefore they may be facing some lose also when bitcoin even has that potential that it can provide very good profit to any big institution. |
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The website Bitcoin.com has launched Satoshi Pulse a cryptomarket capitalization page that shows total digital asset market valuations,current prices same as other cryptomarket cap out there. But unlike other cryptocurrency ecosystem that has more than 1500 different cryptocurrencies but lots of them can be confusing and filled with unfavorable advertisements. Instead of 1500 coins satoshi pulse has evaluates only 500 cryptocurrencies making navigation a bit easier to the users.
What is your opinion about this new cryptomarket cap of Bitcoin.com.?
We can easily find and check the status of our favorite currency.
I think this is the very great initiative taken by the bitcoin.com by opening a new crypto market naming Satoshi pulse and the best thing in this crypto market is that it has considered only 500 crypto currencies that made its acces very easy and comfortable to its users because there are only 500 crypto currencies that made its access easier . Unlike other crypto market which consists of 1500 crypto currencies that made user a little bit confused and make his work difficult and I really appreciate this approach of bitcoin.com |
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Why, until now, government all over the world still doesn't trust bitcoin?
Everything has its pros and cons and the only cons of bitcoin is its decentralisation that there is no governing body over it so there are no authorised rules and regulations that controls the laws and rules and bitcoin and this is the only reason why the transaction fee of bitcoin is hiking now a days and this is also the reason why so many countries are not approving bitcoin for their nation because they do not find bitcoin to be trust worthy and introduction of bitcoin in their nation can put their national security in risk. |
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VERY IMPORTANT message about #Bitcoin
Read carefully & try to understand it perfectly.
Example, if bitcoin drops even to $8k or $6k levels, you do not panic sell any of your Bitcoin or Altcoins, because, when bitcoin is done with its downtrend, Altcoins will rise.
And when Altcoins rise, your Bitcoin will get double/triple. This way you'll have more Bitcoins in coming weeks/months. Then again, Bitcoin price will Rise. So you'll be in huge profits.
Remember, Stock Trading and Crypto Trading should be done with INTELLIGENCE, Smart Mind, Wise Thinking and NOT with Emotions or Distress.
We are bullish on Bitcoin & Altcoins and we are not selling any of our coins.
Do not believe in Rumors.
Beware of MEDIA FUD, MEDIA always talk negative about Bitcoin for their own TRPs.
Forward this message to your friends and groups, Help spread the Genuine Knowledge & Understanding of Crypto.
If you do not help crypto community who will?
Bitcoin is very important and very popular crypto currency and the things that has made bitcoin to reach such a great heights are its safer and confidential transactions that has made people to trust on bitcoin, but there are some remote areas and moreover there are several countries that demotivate people from not investing into bitcoin and India is one of them and for this spreading good news for bitcoin, creating awareness among people regarding the importance of bitcoin is necessary so everyone should know the fate of bitcoin. |
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Lets give our own opinions in this thread and let's see what are the visions of any users here on forum on what are the things than can affect bitcoin community and value to improve more  So i'm the maker of this thread i'm the first who gives opinion here. My opinions are: - Spreading good informations about bitcoin can make it improve. - If big business will accepts bitcoin or enter bitcoin industry can improve our community because the more investors the more blessings to come  - Helping newbie investors to prevent scams can help our community because if they see bitcoin in their first invest are scam they would lose their trust in this kind of investment so as soon as possible help newbies to start in bitcoin journey. These are my opinions on how to improve Bitcoin community so what's yours? The point of your from which I am very much affected is spreading good information about bitcoin because this is the thing by which people find bitcoin to be very trust worthy because in my country India RBI itself has declared bitcoin is not trust worthy and demotivating people from withdrawing their money from bitcoin so first trust is necessary to invest in any company and my second point is bitcoin is to introduce into school curriculums so people the children who are the future of nation should understand the fate of bitcoin. |
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Some people invest in BTC for long period of time with an expectation of large amount. And some people invest for short period of time with an aim to short gain by using the volatility. Which one you choose most? and Why? Just sharing ideas.
If the thing comes to invest into bitcoin, I can choose any of the option either to invest for a short period or for a long period because I find bitcoin to be very trust worthy and very sustainable crypto currency but if someone needs to know specifically then I would choose to invest for short term investment because of the valuation flactuation of bitcoin. You can simply get a very good profit in a very short time because the valuation of bitcoin inflates in a very short span of time. |
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Hello, I am a bitcoin trader from India.
I want to discuss the bitcoin trading methods to improve and enhance my business.
Currently I purchase bitcoins in Indian from localbitcoins through bank transfer and sell it on localbitcoins for cash deposit in my bank. There is a big difference in the rates of both bank transfer and cash deposit methods.
I welcome suggestions on how to enhance it and make a big business.
From what other methods I can buy bitcoins cheap?
what other methods I can offer to sell bitcoins.
Bitcoin trading is quite a complicated process, because these are the virtual currency which you can’t see only you can feel its presence in your account and transacting bitcoins through Indian exchange is quite a risk taking process because fore more st thing is that bitcoin is still decentralised crypto currency and moreover RBI has even declared that all Indians have to withdraw their money from all Indian sites within 3 months and that’s why Indian exchanges are not trust worthy. |
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Countries with large amounts of virtual currency transactions such as China, Japan, Korean and India with the increasing trend of many brands continuing to expand their payment operations in Bitcoin, this currency will rise to a peak of $ 20,000 in 2017.
However, recent bad news from Asian countries Bitcoin price is going down very fast. Yesterday bitcoin price continues to fall deep down to 8,200$ and possibly more.
In particular, China and India have a great influence on the BTC currency because the number of bitcoin traders is huge
Though India and China has huge number of traders with them but still I don’t think that these countries has greatest influence on bitcoin because now a days these are the only countries who are banning bitcoins from their nation and according to me japan and South Korea are the countries which have greatest influence on bitcoin because these are the countries where number of transactions regarding bitcoin is maximum and these are the only countries which supports bitcoin a lot. |
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Bitcoin.org Reverts Back to ‘Fast’ and ‘Low Fee’ Descriptions on Front Page This week after a few months of controversy, the owners of Bitcoin.org reverted its descriptions about what Bitcoin is on the website’s front page back to “fast peer-to-peer transactions” and “low processing fees” after removing the descriptions this past January. The front page descriptions were changed by the website’s co-owner, a pseudonym called ‘Cobra Bitcoin,’ who has been a very controversial character in the cryptocurrency community. “Thanks to Segwit and batching, http://Bitcoin.org is now once again advertising “Fast peer-to-peer transactions”, “Worldwide payments” and “Low processing fees” as key features of the Bitcoin network.” Cobra explains to his followers on Twitter. https://twitter.com/CobraBitcoinTwo days ago Cobra reverted the Github pull request https://github.com/bitcoin-dot-org/bitcoin.org/pull/2010 and merged the 2010 descriptions back to Bitcoin.org’s front page. Collected https://news.bitcoin.com/bitcoin-org-reverts-back-to-fast-and-low-fee-descriptions-on-front-page/ The very known characteristics of bitcoin “ fast peer to peer transactions “ and “ low processing fee” are the only key features that has attractive the keen interest of millions of investors and make them to believe in bitcoin and this is very important to be on front page for these lines for these lines are introduction of bitcoin and for convincing someone to trust on bitcoin. Bitcoin is very sustainable crypto currency, we all knows this thing who already are the user but for convincing someone these lines are important. |
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As I toured the streets of downtown, I asked to question 10 people aged 25-30.
"Do you know of bitcoin or cryptocurrency?"
"Where do you get bitcoin information?" (If the answer to the first question is yes)
Of the 10 people I asked, 6 people answered never know about bitcoin and the rest replied that they know about bitcoin and cryptocurrency.
From the second question I gave to 4 people who answered that they know the average bitcoin replied that they know the bitcoin of the ads that appear in some social media services like BBM, Line, and Instagram. They told me that they were initially curious about the ads appearing so they tried to find out information about the ads.
The majority of people in this forum want bitcoin to be a world currency if viewed from the results of the survey above it turns out most people still do not know what is bitcoin or cryptocurrency.
How can bitcoin materialize into the world's currency if people do not know what bitcoin is? What do you think about to help the wishes of all bitcoin users come true in the future?
I don’t think so that existence of bitcoin is still lacking because now a days bitcoin is going through very much of controversy that almost each and every country is now talking about the bitcoin where to centralise it or not and if you are saying that existence of bitcoin is still lacking then your statement is completely false . Though bitcoin has gone through many ups and downs, it doesn’t mean that bitcoin has no future with world economics, I am 100% sure that one day bitcoin will be the central currency. |
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Have you ever accidentally send Bitcoin to the wrong person? Or sent the wrong amount? I did. Like a fool. Last night I was playing around with it and falling asleep at the same time. I tried to upload 17 bitcoins to Mt.Gox... but I went to my addressbook and saw one unlabeled address. Thinking, oh that must be the new address just created, I'll use that one... I sent it to that address. Of course, instantly I remembered that it creates new addressed when RECEIVING money, not when sending it. Duhhh. I went back to Mt.Gox and it just has a box to enter the amount. Only AFTER you submit that, then it tells you the address to send it to. Oh well. One of my contacts received a surprise of 17 BTN last night. Paying it forward. What would I do if it had been 170,000 BTN....? I might not be so happy letting it go then.... PS - Is the proper abbreviation BTN or BTC or BCN? I can never remember. Dude seriously this is really very foolish. I must be aware of the fact that once you send your bitcoins to someone by mistake then it’s like next to impossible to get them back unless that person wants to whom you sent bitcoin. Seriously I think it was your that to whom you sent bitcoin was in your contact list and now you can get them back but u should be very much cautious while transacting your bitcoins because it is very difficult to recover them and moreover you can’t do police complaint even. |
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Crypto currency market is falling because of government’s point of view for bitcoin. Government of about 11 nation does not find bitcoin to be trust worthy and had even denied the use of crypto currency in their domestic sites and I guess this could be the most probable reason for down in the market of crypto currency and the second reason could be the media who is negatively publicising the bitcoin and all these factors are demotivating people from investing into BTC and therefore the market is falling. |
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When the internet was first came out there was a lot of big discussion about it. Its rubbish, it'll never work, its brilliant its going to change everything, its just a fad etc. Then one day we all started using it like it had been there all our lives. And now we can't imagine living without it.
Bitcoin and blockchain is seems to be following the same route. There's so much big discussion about cryptocurrencies but with scaling issues looking light they might be solved (with some currencies) and new blockchain platforms coming into the market could it be as early as next year when the big discussions cease and we all use the technology likes its always been there?
Today I bought something in a London market and said to the store holder you should take bitcoin and she said, 'yes it could be the future of money'. Then I bumped into someone I know and they said exactly the same thing after I mentioned something about bitcoin. This is a significant change in tone because even 4 months ago people usually said, its scam, its a bubble, be careful, I wouldn't invest in that etc.
If bitcoin is the body then internet is the soul of bitcoin because bitcoin could not survive without internet. The only thing u need to operate and use bitcoin is access to the internet and I guess this could be the most important reason that people in remote areas are completely unaware of bitcoin but I guess this is not the limitation of bitcoin because the world is about to digitalised and internet is the first requirement for everything so bitcoin and internet are two soulmates. |
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If there are any open slots available
Btctalk name- Dmitry.Vastov
Rank- hero
Current post count-797
GBYTE - 2ZJ6HO6YZPR6QKXFT4URVBA5SQZPDNFS
Wear appropriate signature- yes
Wear avatar- yes
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This comes a bit late but still very much relevant, especially to somehow appease a lot of Bitcoin fans and followers who are now on the edge of panic selling because of what Bitcoin has been going through these past weeks and even months. I hope this little information will somehow address a big doubt on a significant number of Bitcoin fans and followers on the matter of overheard information that some governments are pushing for strict regulations or even ban on Bitcoin. Please know that the majority of the most powerful and advanced countries in the world is still widely open to Bitcoin and other cryptocurrencies. So, guys, please chill out!  Now I can take a deep breadth because I was very very wore about my bitcoin and like others I was also in panic to sell out my bitcoins and seriously dude your this news has relaxed me a lot and even this is very very good news that there are 15 developed countries who are in favour of crypto and has declared bitcoin legalised in their nation now I just wish all other 11 countries who either restricted bitcoin or illegalised it should also understand the potential of bitcoin and legalise it in their nation too. |
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Since the Muslim community can now trade/hold/invest legally on Cryptocurrecy especially BTC. Do you think it can uplift the price of BTC and concurrency as a whole?
Dubai is very active on Cryptocurrency. It's hosting many of cryptocurrency forum.
We all know that there are a lots of Arabs that are really rich.
This is very good if Dubai such a great developed country, is showing its keen interest in the bitcoin and being very secular I would like to clear one thing that bitcoin is the boon for the humanity and all the humans are equal in eyes of nature, so matter whether the person is Hindu or Muslim, bitcoin is for everyone and if more and more people will join through the bitcoin then it will be privilege for the entire bitcoin family and obviously yes if will helps a lot in inflating the valuation to a very great extent . |
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A Washington state utility has cut off electricity to three mining sites which officials described as “scoundrels” running “unauthorized cryptocurrency operations”. In a recent meeting, the Chelan County Public Utility District (PUD) reported that the three mines – located separately in Wenatchee, Malaga and Chelan – were “using enough power to create fire risks for neighbors and damage grid equipment not sized for the load.” For that reason, utility officials disconnected the power at those sites. The PUD said that in the future, unauthorized operators could face potential legal repercussions including fees and criminal charges for power theft and public safety endangerment. Read More: https://bitzamp.com/washington-state-county-blasts-unauthorized-crypto-miners/I am very happy after listening this news, at least there is someone who is taking some kind of initiative to stop all the illegalism related with the bitcoin, at least there should be someone who could keep on these fishy activities and can a major step in stopping all these activities . Though there is no regulating body over bitcoin but it doesn’t mean that all these illegal activities associated with bitcoin will be continue in the future also . Till it’s centralization Washington state is taking very great initiative. |
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Hi All,
First post so please be gentle!. I'm trying to get familiar with crypto currency and understand 'how it works'. I've reached a block and I'm hoping someone can shed some light on a particular point.
I understand the process of using public and private keys, back from the time when Phil Zimmermann created PGP. PGP allowed a user to encrypt a file, eg: an email/file (technically, just a bunch of ones and zeros) so that when the other user decrypted the file, they would see the words/file again. Or, to phrase it another way, the encryption was just a 'wrapper' for the content - ie, the words in my email or the file I sent.
Now, if someone sent me a bitcoin, how would I know what I was looking at? With an encrypted email, once decrypted I would be able to see something (text/file) and realise that I had actually received something. But, if someone sent me a bitcoin, what would I be looking at when I decrypted with my private key? A file filled with ones and zeros? Or maybe a simple text file with words inside saying, "Hey, this is 1 bitcoin!"
Can someone shed some light on what it I actually receive when I purchase a bitcoin and how I can verify that what I have 'in my hands', is actually a bitcoin and not just a bunch of ones and zeros? I understand that the blockchain is supposed to verify what is what but, what if I wanted to pass my bitcoin directly to you without the blockchain. Again, how would I know, what I received - was a bitcoin?
Thank you for your time and patience with my lack of understanding!
Regards,
Staffs Lebowski..
First of all brother , illegalisation of bitcoin is not that easy , though bitcoin is a decentralised currency, it doesn’t mean that there is no one who regulates the things for bitcoin, there are bunch of governing people who regulates such a huge crypto currency and yes’s when you receive bitcoin you will receive an notification, telling you that your account is credited with this amount of bitcoin and then there will be confirmation message by the block chain also , so in all these cases fraud is very rare.
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As I toured the streets of downtown, I asked to question 10 people aged 25-30.
"Do you know of bitcoin or cryptocurrency?"
"Where do you get bitcoin information?" (If the answer to the first question is yes)
Of the 10 people I asked, 6 people answered never know about bitcoin and the rest replied that they know about bitcoin and cryptocurrency.
From the second question I gave to 4 people who answered that they know the average bitcoin replied that they know the bitcoin of the ads that appear in some social media services like BBM, Line, and Instagram. They told me that they were initially curious about the ads appearing so they tried to find out information about the ads.
The majority of people in this forum want bitcoin to be a world currency if viewed from the results of the survey above it turns out most people still do not know what is bitcoin or cryptocurrency.
How can bitcoin materialize into the world's currency if people do not know what bitcoin is? What do you think about to help the wishes of all bitcoin users come true in the future?
I don’t think so because BTC is very sustainable crypto currency an resource which could never be exhausted and on contarary you are saying that the existence of bitcoin is still lacking then buddy I completely disagree with your statement because BTC is that virtual currency that has provided employment to millions of people and has helping a lot in reducing poverty to a very great extent and I don’t think that its existence is lacking anywhere. |
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