The third world countries will not be anywhere near using bitcoin or other type of crypto currencies. To use bitcoin/crypto currencies, you will need to be online and have an internet connection. Most of the third world countries do not have any kind of internet access thus they won't be able to use bitcoin at all.
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Myetherwallet is a very well know wallet out there. As long as you have your private keys with you and you haven't shared it with anyone you funds will be totally safe. All you need to do is act smart and don't fall for anything stupid.
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Today i realised i am in huge huge trouble due to gambling...i just kept loosing amount in gambling quickly...decided many times to leave gambling but never happened....today i counted that i have lost almost 10 bitcoins in gambling in last 1-2 years and the amount i loose is going to keep on increasing... i just tried to do every thing but nothing is quiet working...what ever i earn i dont know what to do with them and in some time i loose them again... i am realising i am in big trouble,already in huge loss what to do... The first thing you should do is contact the site managers you are gambling in to get your account banned. Tell them to restrict your IP or completely remove your gambling account. Next you should try to get a new interesting hobby so you can keep yourself away from gambling during your leisure hours.
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There is nothing to be confused about. The South Korean government does believe that bitcoin has its own economic value. They did not ban bitcoin or crypto currency nor are they against crypto currencies. All they did was ban anonymous trading at exchanges. That means you will have to verify yourself and give out your information before you can trade crypto currencies.
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Everything is up to you. Now price for Eth is low. You can cheaper get it and dive into the ICO. Hyped ICOs always will be profitable . When Tokens starts to trade onajor exchangers you can get a lot of x. Regards
Most of the ICOs are just scam and shits. They don't have any working platform. All they do is take users investment and runs away without further developing those project. They do give huge profits sometimes, but investing on those scam just motivates more scammers to start ICOs.
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Recently, the world's first ever Bitcoin bank http://kryptomoney.com/worlds-first-bitcoin-bank/Bitcoin has been improving since it started its first trade and now this great news, bitcoin will soon be here to stay, what can you say about this great news? Will it support the growth of bitcoin as far as stability is concern? Lol. The whole point of bitcoin, crypto currencies and decentralization is to get rid of banks. If there are bitcoin banks, how could you consider bitcoin as decentralized currency? The bitcoin bank will control the currency, thus becoming more like a regular centralized fiat currency. We don't need any bitcoin bank or shits like those.
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Depends on the country the casino is being hosted from. If gambling is legal on that country, then gambling with bitcoin will also be legal if the casino follows all the regulation that are imposed by the government. The casino cannot accept players from countries where bitcoin is illegal or gambling is not allowed.
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bitcoin is very helpful for everyone to know how to make money in the digital world, trading mining and other ways this is very helpful to the unemployed and also bitcoin very easy for the online workers in paying or buying goods online
Bitcoin has nothing to do with solving unemployment issue. Bitcoin is a currency that can be paid to users who are willing to accept it. You could have done the same work and get paid in fiat if you were actually looking for the work in same category. Buying online right now is not as convenient as you think. The fee and the network congestion is making it hard to happen. We need to fix those issues first.
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One of the "pros" of Bitcoin or crypto-currency in general is you can be involved (trade, buy and such) in it ANONYMOUSLY. But in the past few months, looks like that's not the case.
Some Exchanges are now requires you to fill-up forms about your identity and even requires you to upload photos of your identification. Other ICOs have KYC (know-your-customer) requirements too.
Is this a good thing or not? You thoughts?
Bitcoin is not anonymous. It was never anonymous but is considered as pseudonymous. Most exchanges now require you to verify your account and give out your verification due to regulations taking place. It is really sad that we have to be doing this on a decentralized currency. There are sites that allow you to exchange without verification but with certain limit. Binance has a limit of total 2 BTC withdrawal per day for non verified users, though their trading page is laggy as fuck.
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is ethereum better than bitcoin? what do you thịnk about that? Which is the best Cryptocurrency to invest 2018?
Try investing on the top crypto currencies. Right now is the best time to invest since all altcoins have dropped in price and is in red position. You can try investing on Bitcoin, Ethereum, Litecoin and Stellar. Look for coins with strong community and active developers.
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It actually depends. You have lots of factors to take into consideration before mining. The mining equipment are expensive. You will need cheap electricity to even out. Don't forget about the maintenance cost you will have to pay. You will have to look after your rigs 24/7. Too much hassle but less risky and you can sell your rigs anytime you want. On other hand if you buy bitcoin, all you have to do is just hold and wait.
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India just BANNED Bitcoin? Will BTC now crash?
Stop spreading fake news all over the internet. You should do your research before posting such bullshits and spread more rumours. India won't be banning bitcoin. The speech made by Jaitley was just misinterpreted and people are now panicking. He never said that bitcoin will be banned, just cited that it is not a legal tender. In fact they are now taking initiatives to embrace the block chain technology.
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Would you buy Bitcoin in the present market conditions? There is a lot of negative news about Bitcoin and I suppose one could write a book about all the negative things: Many law makers are anti Bitcoin and ALTS. www.bitcoinfuji.com is a new project that wants to remedy the situation with a NEXT GENERATION COIN Now is actually the best time to be buying bitcoin, though the current situation right now is filled with chaos and any further negative news might take the price downwards. But still the price will eventually recover and you do not want to miss any opportunity in investing on bitcoin. Better to invest slowly and if the price dips more start investing more.
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Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created? Here are some reason : * To change the perception of all people about the digital currency. * To improve the payments and transactions and in the internet world. * To become the image of money around the world. * To protect or hides the identity of the user, for security purposes. * To give an opportunity to all people around the world to earn a secondary income. * To upgrade the currency because everything in this world is now upgrading. SHARE YOUR THOUGHTS If this post is worth of your merit, Thank you You missed the main point decentralization. Bitcoin was created and with the help of bitcoin people can now express their financial freedom. Owning bitcoin means you are the sole owner of it and only you have your rights over your coins. Even the government can't seize or control your money.
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I'm afraid this gap it will last a few more weeks so the bottom will be at aproximative 5000 usd ... what do you think will it reach or 8000 is already the bottom line??
The price did dip below $8,000 USD but for a short time. Right now it is around $8,900 USD, which means that the price is to stay around $8,000 USD and chances of it going below is $8,000 USD is very low. Lets hope we don't hear anymore news which goes against crypto currencies. We have had enough last month.
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The best way to promote abut Bitcoin is through the media. Most of the media are controlled by the government. So it is quite obvious that the media will be spreading negative news about bitcoin. This negative publicity can be taken advantage of making it into a lucrative opportunity for people to know more about bitcoin and be their own judge.
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Today is the worst day for every cryptocurrency holders. Because The more than Gold Coin, Bitcoin price has dropped incredibly. But why this is happening from the beginning of 2018? What is the actual reason for this drop? Share your opinions.
Right now FUDs are being spread badly. Too much unexpected events are taking placing which are causing the price to fall freely. Governments trying to regulate crypto currencies and banning exchanges. Facebook now banning all advertisements related to crypto currencies and ICOs. And lets not forget about the issue the main cause which is driving the price of bitcoin to the bottom - Tether being accused of being a scam!
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Recent utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and government decisions from these countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially bitcoin without these countries.
Bitcoin is a global currency. It is not controlled by any specific area, country or region. The whole currency is decentralized so it is not dependent on few fixed countries like India or China. Rather lives by the support of people throughout the world. Negative news will affect bitcoin, but those changes will be temporary.
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How to spread awareness of Bitcoin in a way so that old people start to use more bitcoin?
Can you define "old people"? Like how old? Bitcoin is for everyone. Even the old folks, if they feel comfortable or suitable enough in using bitcoin can use bitcoin. Though the chances of them using it is less even if they are made aware of it. Most of the old folks tends to avoid using newer technology. Best it stays like this or else it becomes too complicated to explain it to them.
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how to trade the good and right so that we do not lose? Can anyone advise to me on a trusted site? For seniors please guidance ... Just keep this in mind that you should never store huge amount of coins or your investment on any kind of exchange. No matter how trusted they are, you still should not trust them with all your assets. The exchange might so full scam any time without you noticing or the exchange might get hacked and you will end up losing your money.
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