Dont let the price intimidate you if you have important issues and in need of money dont hesitate to sell if you have that kind of trouble thats the reason why bitcoin exist to be spent. We dont know the precise dip of bitcoin yet so stay tuned. |
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NO ONE CAN STOP BITCOIN IN LONG TERM.
BTC will go up 20.000$ in 1 month.
Price will be 70 k end of 2018.
No one? Im not sure of that. Everyone that is using bitcoin is the reason that grants bitcoin to grow much further that nobody could have ever been if all bitcoin is bought it will be the most valuable asset and currency in the world. But bitcoin has its own flaws People have the infinite impact on Bitcoin depending on its quality and uses. |
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Hi,
Just wanted you guys to share my thoughts while requesting your experiences and opinions with HashFlare.
For starters, I invested a rather small amount in February 2016.
Initially I tried to reinvest and withdraw some BTC, all successful, so it looked very reliable and hence I continued and invested some more.
However, month after month the gains went down much faster than predicted, and it soon became clear that keeping bitcoin in a wallet would be a better plan over risking it on Hashflare.
However, as bitcoin was on a very promising slope up this did not bother to me. Even loosing some is not a big deal.
What became a bigger deal is that Hashflare does not enable me to change a BTC wallet address!
I was able to remove the old address (which I used with armory) but entering a new address in my account settings failed time after time.
Support states that I should get a mail confirming my profile change, but my (personal) mail server logs make perfectly clear that none such mail was ever sent.
I DO receive their support mails (from the same domain) stating that a mail was sent, but they can not provide log file data about settings mails that are sent.
In short, on top of the payment problems they share on their site, several other barriers are put up as to NOT ALLOW you to retrieve your investments.
It has been said before that this mining company could be a Ponzi scheme.
My experiences might prove this right.
Please share your thoughts on this.
This topic might be wrongly placed in Service announcements, but mainly this is about the Hashflare service and the way support is handled by them.
Regards,
Carl
If you smell something fishy about something appears to be sketchy and so vague sometimes might be better avoid it while you just started it to lessen the risks. Nice to put up a thread and make a warning towards the newbie users and great for the community. But should you have some evidence? before judging it. |
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Hashflare Looks Really promising but What's pissing me Off is I just bought 10TH FOR 1,500$ and haven't received anything for The past 6+ hours I paid via credit card, and whenever I look at The payment it says 'Pending'
For a few hours,
Does anyone have Any solution for This? i Really dont want to Get Robbed tbh
Being patient dont always come up right. You should also know that nothing also comes up always right. Even on rigs of miners and gpu's these people dont even hope for a good profit until you have tons of it and risk everything with all they have and buy tons of rigs for mining. But then you the impatient one dont belong to mining. |
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In specific countries like Venezuela and Zimbabwe, Bitcoin is working as a savior for the many as their respective economies and political systems have been rocked by turmoil and uncertainties. This has become of the inspiring roles Bitcoin has been playing for some number of people and I think as time goes on this role can be magnified in other parts of the world as well. Now, what is this telling us. One thing for sure: During economic and political distress Bitcoin can be the best tool for people to survive economically as well as to protect their remaining assets from being swallowed by the government-sponsored economic meltdown. Bitcoin can indeed be a savior! One things for sure That the one that created Bitcoin and come up with this kind of idea is surreal being. After the math and calculations and the possibilities about the mining fees and the rewards is so bizarre its ridiculous. Who could have thought some software to use and make it this way and a feature that no one thinks about doing or making one is so brightly incredible. |
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After going through the fire this year with some big challenges thrown its way and after experiencing some ups and downs in price, Bitcoin made big surprising moves as it finally inched into the $10,000 mark and right now as I am writing this thread it is still making some surge...maybe it is thinking of going ahead into the $11,000 level soon. Based on the projection that it can go as high as $40,000 next year, we can conclude that $10,000 is still cheap and that there is still a big room to grow for Bitcoin. However, we all know that corrections can possibly happen anytime soon. At this rate, are you still buying Bitcoin or would you still recommend to folks you know to get into Bitcoin? Long live, Bitcoin and cryptocurrency!!!! Even if i have an extra money i will invest and save it for later and go and buy bitcoin even if it has a large value price of millions of dollars i wont hesitate to save it for bitcoin cause it still grows even for that price. |
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I have like 200 $ in bitcoin on ANX. I wanted to transfer that to Binance exhange and I saw that if I wanted to I could only send like 140. Is the transaction fee really 60$ to send coin on bitcoin now? Or this is something ANX is doing? I can't see how that will pass as acceptable. Might as well use bank transfers, cheaper!
If you have inputs about the received balance or funds then your transaction fee if your going to transact will be higher than normal cause you have recents on transactions and bitcoin is still big so its normal for now. |
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So it is the Holiday season and it was Xmas. How many people dived into their Bitcoin hoard to buy Xmas gifts and also paid for a nice holiday with their family?
We saw a huge increase in the price, early in the season and this might have triggered a situation where people rewarded themselves with some "Gifts" for the holiday season.
The direct impact of that would have been a higher influx of coins onto the exchanges and if that was not met with a higher demand for coins, then it would explain the drop in the price.
Did you splash out with some expensive gifts and extravagant holidays with your bitcoins, during the holiday season?
There's a High possibility that it is the cause of the big dip. Christmas means giving i think they sold a bit of their BTC's for christmas i think everyone does. Theres no doubt christmas has a big effect to the value but we do hope so that it will recover after the year ends. |
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This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos.
What do you think is the main reason? Do you think its price will still rise?
It is normal to go that low because the majority knows about the big dip if Bitcoin did has a huge pump. Sad to say it is recovering slower than normal. No hacks had been issued towards bitcoin Dont believe every other people say cause it is probably hoaks or something. Bitcoin is secured nothing could hack it. Bitcoin itself have measures and about the addresses that does not have a continuous numbers it also has letters that could get really really hard to hack with. |
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If there's a natural disaster cutting off electricity for days, trading bitcoin should be least of your worries really. Priorities man.
sorry I meant to say, how does one trade with BTC ie. how does one buy food/water with BTC in such circumstances if BTC is the most preferred currency for trade (like Venezuela) Thats impossible my friend you need to atleast take some money out of the Bitcoin before any kind of disaster happens buy it with foods and flashlights and other stuff that could save a life or in crisis. In case some disastrous situation happens for the time being in your place Bitcoin is useless. |
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What is most profitable to invest for 5 years ?BT or ETH
ETH will be more valuable than Bitcoin because of the strong influence of the internet. Bitcoin's first came into existence was in a wrong era where PC's and internet wasnt widely used in the world. But now in ETH has leads to Bitcoin than it was growing cause of The Bitcoin itself. After having some popularity people have speculate some coins or altcoins to invest with and probably try it. |
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what are the social and economic impacts cryptocurrencies have ?
and how will this affect third world and poor countries because of their limited access to internet and modern technology?
Ease access like the worlds internet. No hassle Confidentiality, Anonymous. Fast transactions controlled by the founder alone . The country will try to regulate some of it but it doesnt matter as long as it still working and miners are the heart of it especially to bitcoin miners are the only one that is making bitcoin work. |
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While I don't have many posts. I got involved in Bitcoin in 2013 and joined this forum in 2014. While I do not consider myself wealthy from Bitcoin yet. I do have an idea of how I would like to direct some of this new found wealth. I think most of the people who got involved early got involved for the right reasons. IE: To change the world and move humanity out of the control of the bankers. I am concerned that the new people coming may only be in to make money. I hope I am wrong, I really want this technology to be a force of good in the world and deliver economic freedom to the masses and the unbanked. My hope is everyone who was early, has some idea in mind that will help others. Maybe help your family, or a charity that you think isn't wasting money, or building a community swimming pool etc. If you have a lot of money think big and how you can change the world for the better. This is our chance!
Thats the right thing to do if you're that successive on bitcoin. Feel free to share what you have accomplished in both digital and real life. The more you give the more you receive. If thats the attitude of every person in this world there will be no issue to any kind of matter give and share for both knowledge and any kind of material usefull for those who arent lucky enough. |
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"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency" article published July, 5, 2017 https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients." It makes sense that a transition to accept bitcoin would be underway for more US-based stores. I think in the 2019 it will be worldly accepted or worldly banned. There's two choices of bitcoin banned or success i smell something fishy about bitcoin and some country tries to do bad about it and probably more but i hope nothing so bad happens to bitcoin. |
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The economic reach of Bitcoin is an interesting subject of discussion. In the end there will be a maximum of 21.000.000 BTC. BTC is a eight-digit number.
I suppose that a currency can only be leading if it has the possibility ta pay in small amounts, equivalent tot e.g. dollarcent or eurocent. This statement limits the range of BTC, will the satoshi be the future euro/dollarcent?
In that case the maximum money supply wil be BTC 21.000.000,00000000 is e.g. EUR 99.999.999.999.999,99 (by the way: interesting exchange rate).
The money supply in the Eurozone (M3) is over EUR 10.000.000.000.000
So without any constraints, the structure of the BTC satisfies the necessary condition.
Let's inventory the other constraints.
First of all it is the main reason why the altcoins such as ETH,WAVES,LITECOIN,DODGECOIN they all exist because of bitcoin they were invented because of Bitcoin. Bitcoin is a master piece no doubt about it. |
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as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if we observe very carefully few past few years we have seen that criminal activities or occurrence are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?
Anything that empower the individual is always controversial, just look at cryptography many countries hate that fact that the average people has now access to military grade encryption, since now a person that does not want to reveal his information can encrypt it and if does a good job then there is not a way to access that information and bitcoin is similar, bitcoin empowers people around the world and the more power people have the less power governments have over them. Yes this is why bitcoin and all the anonymous coins are going to be controversial in the future. The people want to remain hidden from governments because everyday that passes we reveal more sensitive information about ourselves to the world. You would think when Facebook came around people would have shunned that idea right down but the exact opposite happened. Now to recuperate what privacy we gave up crypto is a seemingless transition to make and use. It will be in the future but were still waiting for the right time for bitcoin to be so much popular. It will be so much in demand and probably featured in so many magazines or any new cast in tv radio etc. |
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Wall street grows ever more certain Bitcoin is a bubble. I can't even say they're wrong. Flirting with $6000 per coin and low economic utility? For as dumb as Jamie Dimon sounds every time he says anything about Bitcoin, the tulip bubble analogy looks less and less inappropriate all the time. In a note to clients published on Thursday, analysts at UBS took a long look at Bitcoin, cryptocurrencies, and the blockchain technology that underwrites this whole enterprise.
Looking only at pricing, UBS said that, “a twenty-fold increase in bitcoin prices in just two years, and an absence of any fundamental economic backing, cryptocurrency prices are almost certainly a bubble.” Blockchain utility doesn't make crypto not a bubble. That'll be important to remember for people buying now expecting to make big gains at this cost basis, and there's real risk there. It depends on the investors earners and users uses. They tend to sell a large amount of money and consider as a bubble by a sudden change of value. Cant help that if you got to go or commit something nothing is holding you back. Speaking of HODL they have some impact too especially from big time investors. |
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According to different Statistics the Future of this virtual currency is so much brighter than others currency and people will find very easy to deal with every thing through bitcoin. some Reasons are really very fruitful for economical development such as
1.In future buying bitcoin is more easier than past condition ad people can complete so many task very easily.
2.most of company use bitcoin as a local currency that helps to regulate bitcoin like regular currency and more company will interest for using this currency(bitcoin)
3.international client are more visible if this currency will use globally.
4.in future if government use the protocol then cyrpto-currency will protected and people feel safe for using this currency.
Bitcoin at its finest. The revolutionary digital money that is so efficient and so precise. Future to bitcoin if you invest on a good time. And with the right amount of it. Youre surely have a future in Bitcoin considering the fame it is getting from the internet and all the ads im seeing it is overwhelming to have. |
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hey guys
i need a clear & technical answer:
How to avoid high bitcoin transaction fees?
i receive 10-20 payment per week , so how to avoid increase of transaction size?
How "transaction size" & Transaction Fees in blockchain work?
To avoid such high fees you need to have a different wallet everytime to lessen the fees by the input of your address and the queues of it. Every transactions in input and outputs has an impact to the fees. Better stay away from so many transactions in the same wallet. |
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Bitcoin is so expensive if it will be converted to my country's currency it will cost hundred of thousands.
Why bitcoin worth that much even its only a cryptocurrency can someone give me an idea.
It is what it is today because of the internet. It is getting some attentions to some big investors to actually try and risk some of their money. And they also helped the community of bitcoin. They have the right to manipulate the price depending on their net worth or like the value at hand. |
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