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I think the simplest way to make money with cryptocurrency is long term investment. You just need to buy a coin that you love for good price, then you store it in your own wallet, waiting for the price up and you can make a profit. This will save you time, as not everyone will spend all their time with Cryptocurrency
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Yes I would like to call it financial democracy, in democracy people are free to chose any govt so as in Bitcoin structure people are free to do financial transactions w/o any third party involved due to its decentralize structure. I see it as tough competition to financial dictatorship controlled by big financial institutions.
I think bitcoin is the kind of money that expresses the desire for economic human rights. One problem that we are never satisfied about is the government's management of money and inflation. It is good that bitcoin has a finite number and it can not be printed as much as paper money |
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As we make our way through Q4 2018, based on what has been seen among altcoins such as development, innovation, security, real-world use cases, and plans for the next year, what altcoins do you think will be big in 2019?
In my opinion, it is Cardano or Stellar. These are very potential coin and are currently preparing new updates for their networks. Have information they also prepared Coinbase support, this is likely to cause the prices of ADA and XLM to rise sharply. |
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When China imposed a ban in March last year with Bitcoin, we later witnessed the bitcoin, did not die but grew miraculously to $ 20k. So now that Jack Ma is backing Bitcoin or not, that's not a big deal. I love the blockchain and bitcoin, I believe in its bright future
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I do not think China does not like bitcoin or altcoin, as China is a country with many blockchain patents in the past year. Did you know Vechain, NEO, Qtum, Ontology are all projects from China? They also released their own cryptocurrency charts in September, showing they are very interested in this market. I think the issue of accepting Bitcoin will be just time, they can issue a separate legal framework before accepting Cryptocurrency. |
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Everyone knows the world has a total of 21 million bitcoins and a total of 17 million bitcoins have been mined. So what happens when 21 million bitcoins are exploited?
As far as I know miners have two sources of income when exploiting bitcoin that is:
1. Be rewarded with bitcoin from the number of deals they handle.
2. The main reward: the bitcoin reward, for each bitcoin block to be exploited.
When 21 million Bitcoins are mined, the second source of income will be gone. So how will the bitcoin network do when there are no miners? I do not think that with only a single source of income, it may be profitable for them when the Bitcoin price goes down.
I look forward to receiving an explanation from someone and thanks!
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If that's even his name. Just read the bitcoin wiki on him and I'm amazed. Nobody knows him.
Long time passed since he last posted in here. Why? "Busy"? I don't think so. He was active when bitcoin needed support but since the slashdot...
Also, it seems has knowledge in many areas, especially economy. He doesn't act like the average human. Not taking advantage out of his creation, leaving without telling anything. Is he even a single person or a group?
How can someone create something so great and not stepping out to get the credit?
This is a question that will not have the correct answer. I think if you are Satoshi Nakamoto, you will also do like him. If publicity, he will have a lot of trouble and even his life. |
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This is one of the reasons that traditional investors and big investors are afraid to enter this market. Large-scale attacks by hackers on websites, trading platforms, to steal assets Cryptocurrency is always an obsession for investors. We need to have a solution against hackers, this market is very potential but it does not attract many people, because it is too risky. "Popular web analytics platform Statcounter experienced a breach on November 3, according to research from malware researcher Matthieu Faou. Up to 700,000 web pages were targeted in the hack which primarily aimed to steal cryptocurrency through a malicious script. Per the report, through the script was loaded on many websites, there is nothing much to fear. The malicious Statcounter script behind the attack primarily targeted the cryptocurrency exchange Gate.io to generate Bitcoin addresses. Only if the URL or content in a given webpage contained references to “myaccount/withdraw/BTC” would the malicious script activate and then silently connect to the exchange to fill the hackers’ pockets with money." See more: https://www.digitaltrends.com/computing/statcounter-700000-websites-hacked-cryptocurrency/ |
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I find this very strange and there is something wrong. Everyone recognizes that the Bittrex trading platform has a high level of user protection, it has never been hacked or a major unfortunate incident. So I think you should send a support request to Bittrex Support and secure your email. And in this case do you have 2Fa security?
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I'm a very passionate bitcoin and quite optimistic about its future. But I think Bitcoin will not be able to return to $ 20,000 this year. This market is very potential but it needs time to grow and be widely recognized, if you love Bitcoin or Blockchain, you should not pay too much attention to its price predictions, focus on the technological value that it brings to the future.
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I recently read through the comments made by Bill Gate on bitcoin and other related cryptocurrencies ( https://www.[Suspicious link removed]s/www.cnet.com/google-amp/news/microsoft-founder-bill-gates-would-bet-against-bitcoin/). From the comments he made, it is obvious that, Bill Gate is against investing into cryptocurrency. Critically appraising and analyzing how helpful bitcoin and other cryptocurrency are and base on the comments Bill Gate made, I don't see the reason why he is against cryptocurrency. Probably he might be having his own reasons of which I am not aware of. Can someone help as to why Bill Gate spoke against bitcoin and other cryptocurrencies? Most traditional investors do not like bitcoin because of the risks it brings. I love blockchain and bitcoin , it gives us new options for currency reserves. But you know the risk that it brings is very high, the market still exists a lot of negative as fraud, manipulation market |
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In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?
I do not think that can happen, or it will have to wait a long time for that to happen. I think Bitcoin was born to bring transparency and security in the transaction, but it still has a lot of problems. Why do we keep thinking Bitcoin will destroy Paypal, it simply creates more choices for us! |
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Do you have any coin suggestions?
I think all the Altcoin top 10 are worth buying at this time. Also good coin like CMT, ONT is worth a look. I personally choose Ethereum. The reason for this potential coin has been recognized and its current price is very low. |
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Last year we witnessed a miracle of bitcoin growth at the end of the year. Will it be repeated later this year?
We need a strong push to market growth. What do you think is likely to impact the market at this time?
Let me know your opinion. Personally, I think Bitcoin ETF!
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Bit coin is a Ponzi scheme. Don't listen to the bit coin shills on here. The newcomers buying into bit coin and driving up the price are just making the early adopters richer.
That's how stupid people are. A sucker is born every minute. But YOU don't have to be one like all the other bit coiners.
The USD is a valid currency because people are required by law to recognize it's value. It has value because the most powerful superpower on the face of the Earth uses it and backs it.
Where does bit coin get its value from? Some computer nerds living in their mothers' basements and Chinese speculators who say it has value? The few online drug dealers who accept it?
If you can't figure out that buying into a totally faith-based economy, with no regulation whatsoever, of a imaginary currency that only exists virtually, through a broker that has no compelling reason to give you any of your money back other than possible negative word-of-mouth, is a bad idea, then maybe you should really consider spending less time speculating on BTC and more time getting remedial education.
You want to get attention or you're a fool? You say that bitcoin is a Ponzi scheme, showing your very narrow understanding. Did you know that in the world there are countries that view Bitcoin as a salvation to their economy. For example Venezuela. |
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I get it. Blockchain technology is a great invention and it's definitely a technological breakthrough. But do we really have to pit it against the banks and he traditional banking system? Couldn't those two live in peace without people having to choose one over the other? It's not like anyone has completely stopped putting their money on their bank accounts and invested it all in cryptocurrency. Is there anyone here that actually did this?
I think Blockchain will be better than it is popular because of its transparency and decentralization. Of course, we also need a lot of options, and it's great to see the bank apply the blockchain technology. |
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