You can still claim your bcc now, You will need private key of that address where your 3 bitcoins were stored. You can sweep your BCC funds via coinomi android wallet app.
Please introduce a windows app. electron cash is safe? i heard someone lost BTC45 by it. You can still claim your bcc now, You will need private key of that address where your 3 bitcoins were stored. You can sweep your BCC funds via coinomi android wallet app.
Please introduce a windows app. electron cash is safe? i heard someone lost BTC45 by it. I haven't used it myself so can't say anything about it but it's safe I guess as there are many people who used it. Just Make sure you are on official site. That guy lost 45btc on electrum as he fell for a phishing site which was hosting malware. That guy who had lost 45 BTC has downloaded wallet from a fake website named Electrum cash.com.Later,they changed their wallet name from Electrum cash to Electron cash.He should have instead downloaded wallet from the official site,Electrum.org.I had been using this electrum wallet for the past two years and i have not encountered a single issue with this wallet so far.Its safe and secure. |
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Bitcoin now is over 3000 usd. How much bitcoin would you say you need now to be a millionaire in the future? I heard there is an expert that said bitcoin will hit 100k but this would take a very long time. This is the guy that predicted bitcoin would hit 2k etc when very few ppl thought about this.
If bitcoin hits 100k a coin, you would need 10 bitcoin. And of course, most people do not have 10 bitcoin or anywhere close to that amount unless they got bitcoin when it was very cheap... or of course they have a lot of money to invest.
To those of you with say 5 bitcoin, do you think its possible? What about those with say 10 bitcoin? I assume those people who got bitcoin earlier and got like 100 bitcoin probably feel very good about being a millionaire? I don't think it would be possible to be a millionaire now with bitcoin if you are buying bitcoin now unless you have alot of money.
Many people are already crazy to join the 21 BTC club.I too have an ambition o joining that cub,I think holding 21 BTC is enough to enjoy a happy retired life.My friend who introduced me bitcoin already has 20 BTC,just one more bitcoin for him to join that club. |
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I would like to find out what initially attracted community members to bitcoin.
The basic motivation of most of investors in this world would be to earn more money and at the same time,their investment should be secure.Most people bought gold earlier and even now buy for this reason.I have bought bitcoins only for the same reason.Bitcoin works on a secured block chain system.So my investment is secure and at the same time,it gives me huge returns which no assets could give at this present situation. |
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Core never had the intention of supporting SegWit2x. Now I couldn't entirely understand why they made this change, but from what I read at the original commit it has something to do with btc1 nodes connecting to Core nodes and getting banned, which is what happened with BCH nodes. I wholeheartedly disagree with this. A measly 2MB upgrade is nothing compared to what a third split, of whose support is much larger compared to BCH, will bring. Would there be another split in case this plan would materialize? I apologize for being a non-technical person but I am concerned about this another split possibility. Well, will this coming split not affect the credibility of Bitcoin? I have no problem with BitcoinCash (BCH) practically because I have already sold my BCH share in Bittrex. The way I am seeing it, the Bitcoin community is really a very divided group of people and this can somehow affect the value of Bitcoin except if the market would just ignore this. Ya there are speculations that has a great chance to be true and from what i read it will be named bitcoin core. So Bitcoin, Bitcoin Cash then the next split if possible Bitcoin core. There are difinitely i think teams that manages these things and probably miners too have a high impact on the nodes. Maybe for us local traders its good because another free altcoin is coming but there is a bigger picture to whats gonna happen next. Frequent hard fork and new clone coins of bitcoin coming is not good for the bitcoin community as a whole.It would affect the reputation of bitcoin which may in turn make bitcoin investors to lose their trust in such a progressive coin.Not even satoshi would have thought that some group of miners would try frequently to create new clones of bitcoin by hard fork.Shame to these miner groups who just enjoyed the benefits from bitcoin and still try to damage bitcoin progress by such acts.What a ungrateful people they are? |
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I am asking this just to see the different opinions of Bitcoin community about its long term potential
I know Bitcoin is actually strong enough and stable as well
But what do you think about it after 100 years ?
I think that we all would have left the world by that time and may be,our grandsons would be posting about bitcoin in this forum.I mean that bitcoin would survive during that period also.I think after 140 years,all the 21 million bitcoins would have been mined and miners would be getting transaction fee as benefit.The person having just 0.01 btc might be a millionaire at that time. |
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The main reason for which retailers have not started accepting bitcoin payment is because most of them are not familiar with bitcoin.So they should be individually approached and must be explained about bitcoin progress and that payment once made in bitcoin is irreversible.Or else,a seminar should be conducted by inviting some of them to a public place and explain them about them the benefits of bitcoin.By this way,we could increase bitcoin usage.
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If any country's fiat currency is going to crash,then USD would be the first to get crashed.If it gets crashed,then it would create a great negative impact on the world economy since USD has been the global reserve currency.If it happens,then people would have no other better choice than switching to bitcoins which is free from deflation as its supply is limited.Even though,gold has been saved for centuries,it would only be the second choice due to the growing popularity of bitcoins.
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I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?
Bitcoin has already started giving new earning opportunities to unemployed people.Even people from most under developed countries also get equal earning opportunities.They are able to earn either by mining or trading or by working in signature campaigns.They are no more in need of government or private jobs.They increase their standard of living with bitcoins. |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Bitcoin is highly popular among traders because of its price volatility and they make huge profits by trading out of this difference.If bitcoin has a stable price,then traders would stop buying bitcoins. Retailers do not come forward to accept bitcoin payments because of its high volatile nature.If bitcoin price becomes stable,then they would start accepting bitcoin payments. |
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Crypto currencies ,especially bitcoin would be the future because they are free from inflation.Whenever there is a demand for currency,the corresponding government starts printing more paper currrencies and issues them for circulation which creates inflation in the currency.It starts losing its value.More over,if any government suddenly says that high value notes are banned just as indian government did in demonitization,people holding such currencies suffer.But since bitcoin is decentralized,no one could devalue it and so it becomes a secured currency.
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Have you ever wondered how would the world's economy be like in the future as a cashless society? Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more. If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology. Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies. Nevertheless, I would like to know your opinion about this.  We are moving towards that direction but I do not think it is ever going to be achieved, there are too many impediments, many people like me do not like the idea of a completely cashless society, also that movement is lead to try to control you more effectively but now that bitcoin has appeared that system of control is going to be a lost less effective. It might works on some big country like USA, Korea and Japan but i'm not sure for other countries. Cashless society is our future and we can't deny it, especially our technology is always upgrade and our life will follow it, maybe our next generation will start using cashless society. I think its very difficult to achieve.There are some drawbacks in implementing it.In case of internet failure or power cut,we will be totally blocked and we will not be able to make any transactions.Only for that reason,it has not been applied in even developed countries and they still allow using paper currencies.So,cashless society is highly impossible in today's condition. |
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Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
Bitcoin is the best reliable investment today.Even most of gold investors have started to show their attention towards bitcoin.Bitcoin price is increasing year by year and we could see that its price has nearly four times than its previous price within last six months.It would be better for you to store your bitcoins in a wallet and keep your private keys safely so that after twenty years,it would grow in to a much bigger amount so that you could spend your retirement life happily. |
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The picture above clearly shows the price movement of bitcoin.Each and every time when an obstacle is made in the path of bitcoin,bitcoin shows a slight dip and immediately rises high much above its previous price.So,newbies should learn an useful lesson from this chart so that they would not get panic when a new FUD circulates and there would be no need for them to sell their bitcoins at cheap price.
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Bitcoin is not a quick get rich scheme.Bitcoin has crossed almost eight years to reach this price.It has crossed many obstacles and critical situations created by bankers and governments successfully.Either you have to mine bitcoins or trade or do some job works to earn bitcoin.Even in trading also,efforts should be made and strategies should be used to earn bitcoin.More over,bitcoin price increases or decreases in proportion to variation in demand.So,it could not be always expected to rise high.
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who among you here heard bitcoin back in 2009 and 2010? I was one of the people who is very skeptical about it and I really regret it.  I missed the best opportunity for a lifetime. I didn't get the chance of knowing about bitcoins earlier.I heard about bitcoin just an year ago when i was working in Dubai.At that time,price of one bitcoin was just $650.I just used it for sending my salary to india at a very low transaction fee.But now,i am getting my full earnings from bitcoins.But the early birds who knew about bitcoin in 2008 were blessed enough to enjoy such huge benefits today. |
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Hi guys, what do you think of the rally for over the past week? our coin finally broke the 3000 threshold and it had a baby call BCC.
Do you think the rally will continue?
This price rise has been already expected by bitcoiners.Its a little bit late due to fear of hard fork.But bitcoin has managed to come out of the mess.Every one is happy about bitcoin's performance except the BCC supporters.They don't have any interest in bitcoin progress.All their expectations have started to fall down.Bitcoin's market cap has also crossed $50 billion. |
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Hi guys, what do you guys normally do with the monies? keep it in exchange for future purchases or transfer it to your bank account.
And if the latter do you then put it in the fixed deposits for stable interest rates?
I sell only a small percentage of my bitcoins by transferring it to my localbitcoins wallet to meet my family expenses.I always plan to save the remaining bitcoins safely in my wallet for my future.Earlier i sold some bitcoins and invested in some altcoins for trading.But since now bitcoin price is increasing high,i feel comfortable in holding bitcoins itself. |
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Who is all expecting a price pump on that day?
Segwit should lock in by that time.Once lock in is achieved,bitcoin block chain will be upgraded to support larger capacity transactions.So,investors would start buying more bitcoins as a result of which bitcoin price would increase more from that date. |
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The sudden increase in demand for bitcoin has made its market cap to cross $50 billion.The spike is the result of stabilized market after overcome of hard fork fear.Since bitcoin has limited supply and also has ever increasing demand,its market cap is expected to increase continuously.
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Apparently Bitcoin has again broke the record by reaching reaching 3.2K (almost 3.3K currently it's 3,280$ on Bitfinex) Gotta go fast bitcoin, gotta go fast  I wonder if it coins going any higher  Well,i would say that this price rise is already late due to fear of hard fork and some expected that bitcoin price may crash.But bitcoin has outperformed such predictions and BCC has started to fall in price.Bitcoin would soon cross $5000 once gain proving that its the king of crypto currencies revolutionizing the world economy. |
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