This is indeed a nice initiative but I would request you to make a webpage as well because most of us are a bit hesitant to install any application eventhough this would be useful for newbie but a wider range of prefer a webpage. Please trying making a webpage as this would target wider audience. Keep up the good work.
Nah. There are information on websites already. The essence of the app is to get these information together into a simple app. So, sorry as the idea is as simple as an app. |
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There will be several panicking if the price even close lower than $5k or even at $10k.
What panic can be greater than that of this year? When bitcoin was about $3K. A lot of people believe in bitcoin and I can say I'm one of them. While people were panicking and selling at $3K, some people were still holding and believing, while some were even buying from weak hands. What happened this year is quite a lesson of volatility. From $3K to $15K. So if it goes down to $5K, people will see this year's story as a reason not to panic. |
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A few of you may remember me and the 'Know Bitcoin' app. Since the initial release, I have made one update and still looking forward to making more. Quick info on what the app is, The 'Know Bitcoin' app is an app I created in other to help newbies understand what bitcoin really is. The app firstly talks about cryptocurrency, then bitcoin, a little history, and price history, then moves on to showing users how to create a wallet. Some other features of the app include bitcoin price (from coindesk), and recent bitcoin news. I was thinking about adding a feature in which newbies can practice the sending and receiving of bitcoin using something that isn't going to cost them money. I mean simulation stuff (like the fake ethereum), but in this case for bitcoin. Any suggestion of things to add would be appreciated. Link to Know Bitcoin: https://play.google.com/store/apps/details?id=capps.knowbitcoin |
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Panic may lead to the collapse of prices, which will move the pendulum in dropping everything to zero, I do not mean the way in which the bubbles occur, but everything can be zero if it loses interest in it and the demand for it decreases, which is a lesson we can learn from what happened to the oil contracts in the past months.
Therefore, the chances of that still seem great, especially with this swinging world, but we could reach levels beyond $ 20,000 in the coming years.
Therefore, we cannot judge until after several years, 10 or more, and then either the price is zero or exceeds 20,000.
I'm not saying that it cannot get to zero. For reality's sake, it's a volatile currency. But the point here is that going to zero is like 5&6 with "impossible". Tho one of the comments here was really making a point about a large whale dumping everything and leaving no buy order. But tbh, do we have such whales? Even tho we do, bitcoin's price cannot get as critical as zero. |
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Almost all of Assam Kingsley's posts begin with: PROOF OF REGISTRATION  Preshie has the same + bounty reports:) Emma Theo the same. Incarts the same. I will not add links to their interviews in 1 post. Yea, I get your point. I'm just saying that these people could be friends who joined this platform to earn from it (bounty purpose). Simply don't add their interview links. But if you're doing this, do it because they didn't pm you first and get an approval. Not because they are not members (they are members after all). |
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Renowned fund manager Bill Miller told CNBC on Friday "Bitcoin's supply is growing at around 2.5% a year, and the demand is growing faster than that and there's going to be a fixed number of them" He also said that the risks of the currency going to zero are "lower than they've ever been before". Truth be told, in as much as bitcoin is volatile (like its been jumping around in the past few hours), what he said is really true. Bitcoin grows on a daily basis. Investors come in on daily basis. Look at PayPal, look at square, look at JP Morgan. I mean these are big. One of things Bill Miller said which I've always told people is this "I think every major bank, every major investment bank, every major high net worth firm is going to eventually have some exposure to bitcoin or what's like it, which is gold or some kind of commodities" See here |
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Is the account farming season back ?  As soon as cryptos are going up again same thing occurs... I am willing to believe and accept with pleasure that a newbie may want to introduce himself here but ... 4 in a row in a few minutes Please stop taking people for morons guys I did an insight in those accounts, they were created long before now. Also, they made the comments with hours interval. So, I don't think it's farming. Maybe one of them found this thread and share it to his friends or something. That's by the way. Thanks for the thread tho. I think I should drop my answers one of these days. |
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From the best of my knowledge, you can't move physical currencies to crypto without going through the bank. How do you even buy crypto? Isn't it with money? I mean the local currency... And how do you get the local currency ready to buy crypto, don't you have to do a deposit or something with the bank?  |
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Well, I think it may be hovering around 15k for a while, and if possible make a more significant approach to the ATH of 20k. It's just cool to see how bitcoin is above 15k at the moment.  |
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It's great to know that some banks out there supports bitcoin. What is the best bank for your crypto? None! Unfortunately for me and the fellow bitcoin enthusiasts in my country, banks do not support bitcoin. Once they notice that your account has something to do with it, they lock up your account, ask you for KYC verification, and some stories that can piss one off. |
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I believe we may get to a new ATH (not saying this based on previous charts). Considering how it's been going lately, I think that $5K more isn't too far.
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The transaction cost can be pretty discouraging.
Volatility can get you in trouble.
The fact it's irreversible (once it's sent, it's sent) can be a big deal if you made a mistake with the wallet. Unlike banks, they can somehow get your money back.
Just these two hit my head but man, sometimes the bright side outshines the darkest part. Everything must have its downside. innit?
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Wow. I thought bitcointalk forum was the only of its kind. But looking at the bitcoinfoundation forum, there's no much activity (comparing to here on bitcointalk). Why then was the forum created instead of pairing with the bitcointalk forum? |
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I don't think it is a hack at all and tend to agree with the statement in the Ciphertrace article that the owner of the legacy address decided to move his Bitcoin to Bech32 address. In case there was a hack, I believe the hackers would have already made plans how to wipe the coins clean prior to moving them out of the original address. So far they are just sitting there, not going to exchanges or mixers.
I was thinking the same. Besides, not every heavy transaction should be tagged as a "hack". Even tho they were sent to an exchange, it still isn't enough reason for such a conclusion. |
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Heard about the first bitcoin transaction? This is the exact reason why bitcoin was created. Most people think it's about making money. Nah! I'm glad you just had a taste of it. The bank could have asked you to bring documents an all but, thanks to Satoshi Nakamoto! |
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I've heard several bitcoin-hack news. Can wallets from an app like imToken, Trust wallet, and MetaMask be hacked? Or are they always exchange wallets?
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Ah! Why not? Bitcoin was created for payment purpose as its main aim. Two options, you can either do it because you want to promote bitcoin. Or for the fact that some of your bitcoin-enthusiastic customers may prefer paying in bitcoin.
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Firstly, I think it's kinda spammy to have 2 similar topics created. Secondly, how convenient are you with the bank? Maybe you don't know that the government can wake up one day and decide to seize all your money and you wouldn't do anything. These banks are centralized. This means that they are controlled by people. Bitcoin is decentralized, and that's the exact opposite of what the government does. Isn't it amazing how I can send money to you without any middleman involved? Isn't it amazing how I can send money to anyone on earth in a few minutes without long and tiring protocols? Never Say Never!
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Funny how you come here and accuse bitcoin probably because you were told that you'll make lots of money from bitcoin. You know it very well that bitcoin is not a scam but no, you won't listen to yourself. This has always been a problem. People are being told different stories about bitcoin. The true story remains that bitcoin is not a means of making money. It is money; a means of making payments. If you look at it this way, you'll see.
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