|
As no of transactions is increasing, Hash rate also increases. That means Miners are getting less amount of BTC as a reward for mining. But all other factors like expenses will remain same for miners. Therefore miners charge more to keep their margin at the same level.
|
|
|
|
Are you taking about Ethereum(ETH) or some upcoming Alt-coin? If ETH then it's quite simple, you can use https://shapeshift.io/ to swap or some good exchange like bittrex or bitfinex Or if some upcoming Altcoin, then wait for its listing on any exchange after completion of it ICO, then you can sell it for BTC. |
|
|
|
|
I think all of us got into this system because of all 3 factors. As most us are not involved in any illegal activities, decentralization does not really matter to us. Like many of the BTC users is layman so they don't care about the tech running behind it. And last but not least Monetary, price rising is an imp. factor but why people trust a system that is not even legal!!!
So all these 3 factors made BTC a unique identity and reason for gaining popularity.
|
|
|
|
|
I don't see any benefit in holding it now. Price will certainly crash more in upcoming days so it's better to sell it and invest that money in some other Altcoin like ETH, LTC, IOTA so that you can recover the losses you made from Segwit2x
|
|
|
|
|
I don't think that deriving bitcoin awareness percentage from such video is right...The content shown in such videos are edited and biased shown only to gain popularity. I agree most of the people does not know about Bitcoin but at least 4-5% of the population has definitely heard about it and know its value.
Either this video is biased or it might be shot in some backward rural area of US
|
|
|
|
|
It is not just risky...I think it would be stupidity also. As you know central authorities are still not clear about BTC legalization. If any big country like China, USA, India or EU taken a negative step or make a negative announcement against Bitcoin or crypto, its value can fall like anything.
So INVEST only what you are capable to lose.
|
|
|
|
First of I am a BTC HODLER and I am happy it is breaking it's ATH every other day. But is it really good for future of BTC?
As a currency and day to to day usage BTC price needs to be stable. For regular market to adopt this as a currency the price needs to to stable. Is it not? If BTC fluctuates so much within just few days how can some business adopt this? For example if they fix a price for a product for $400 equivalent to btc then tomorrow the price can be $600 or $200. Will this sudden price rise/ drop not affect the market adoption?
What you guys think about this?
BTC price is rising coz new users are adding up every hour. Market cap is also increasing at the same pace so there is no need to worry. In my opinion, BTC still hasn't explored its true potential in terms of no. of users. As new users are joining this system every day, therefore market cap is increasing and the price is rising like anything. |
|
|
|
I see alot of people are holding Bitcoins and are convinced that their coins would multiply in value. The same people preach the Bitcoin ideology that its P2P, decentralised, low to nil send or receive etc.
However, only a small group of people today are using Bitcoins as they were intended. And the fees are not exactly cheap to buy Bitcoins, not to mention those exchange places are basically like banks.
So my question is, are you a True believer of Bitcoins and other Cryptocurrencies that it will one day replace paper money, decentralised and all. Or are you only a believer that the price will continue to climb and you'll one day be a millionaire?
I simply find it fascinating that its apparent, people are preaching the benefits of Bitcoins but they are not using them. Preaching to newbies and drive up the demand and prices of the coins.
Rather, I would love to see people who really believe in Bitcoins, actually going out there and using the coins to purchase products, send/receive coins and let the coins circulate around. I would love to see that day. When the prices are not so volatile, and the coins are being used as they were intended. However, not being volatile also means the prices would rise sharply like it has been this year, which also means you wont be a millionaire holding onto them coins.
So are you a True Believer?
Yes, I am a true believer. If crypto can't replace whole of the fiat....it will surely replace more than 50% by the end of 2030. That mean BTC market cap would too high then we can even expect. At that stage price volatility will also reduce and hence it will serve as a perfect currency at the global level. |
|
|
|
|
First of all....It's not being greedy. It is what we called a smart investment. It can give you best returns than any other investment plan/scheme available in fiat currency. So stay invested and see your money grow without any headache.
|
|
|
|
|
It's a unique idea..let's give a thought about it.
I think it is not possible to show Btc ads on national TV. I mean What features such ads will present..... Decentralization and anonymity in payments!!!
That means it is encouraging people to drop FIAT and adopt BTC as currency on an open platform. Will govt allow such ads to show on TV!!!
NEVER.
|
|
|
|
|
It is amazing to see such a confidence in Bitcoin.
The more you take the risk...more you earn the profits. I think this quote is suitable for you. You have taken an enormous risk to get a huge return. I wish you earn great returns from it.
But I think this is not a right approach to earn huge profit. BTC being decentralized can't really be trusted completely. Many govts are not in much favor of BTC. One negative news can make BTC bearish from the bullish trend. Always take decision being emotionally unbiased.
|
|
|
|
|
Because of anonymity of users, while making a BTC transaction, it helps criminals to make a financial transaction without much hassle. Police can't really trace a BTC transaction so they got no evidence to prove accused a culprit in court.
|
|
|
|
I think, bitcoin one of the wealth distribution system,Many bitcoin traders become millionaires even billionaires.Perhaps you can say this is a bitcoin glory,Bitcoin is increasingly popular among the people down to the top.
Even share traders also become millionaires and billionaires overnights. IF BTC is wealth distribution system why not Stock market. Rising price of BTC not a glory or something, it is just a demand and supply theory. As supply of BTC is limited and Demand is keep on increasing Day by day, therefore, its price is rising continuously. |
|
|
|
Do you think Bitcoin will become the first world currency for buy and sell ?  You mean to say that BTC can become Global currency...RIGHT!!! I think BTC is on the way to be Global currency. Growing popularity of BTC on world level proves that it is PEOPLE's currency. Unlike FIAT, it is free from exchange hassles for international transactions and can easily be transfered to anyone, at any time, in any part of the world. BTC is quite convenient for international transactions coz of low transfer fees and globally accepted as 1 unit(that is no need to exchange). Often people have to pay up to 10% of transaction amount (as transaction fee and exchange rate) to make an international payment which is very high as compare to BTC transaction fees. |
|
|
|
Al Waleed, Saudi Prince, Announced in an interview with cnbc that bitcoin have no future arguing "It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the supervision". Also the Saudi government prohibited the use of bitcoin in the country! Source: https://www.cnbc.com/2017/10/23/prince-alwaleed-says-bitcoin-will-implode-enron-in-the-making.htmlMy Comment: Bitcoin exists 8 years ago, the price of bitcoin is not what real bitcoiners users search. Real bitcoiners joined bitcoin to enjoy privacy, transaction speed, secure ... Regards, Bitcoin Boy. Couldn't blame him. He is in a country where the government prohibits the use of bitcoin. And more importantly, he is a royalty and is obviously part of that government. So it's just right for him to say those things about btc. You cannot create a law that you will openly oppose because that will be nonsense. Agree, being a part of governance, you can't really support Bitcoin as a currency. This will also motivate citizens to adopt BTC as currency, which obviously any govt. did not want to happen. |
|
|
|
|
Thanks for the payment. Kindly update about continuation of campaign
|
|
|
|
|
I don't know...I have a mixed feeling for these hard forks developers.
One that, these Developers are making serious attempts to make some new improvisation in BTC with few new and unique features. On the other hand, it could be possible that some lazy developers making these forks just to encash the market cap and more no of user base without making much efforts.
Only the right time can tell the real intention of these fork developers.
|
|
|
|
|
There is a lot to say good about BTC but I personally like BTC because of 2 reasons:
1. Decentralization: It's people currency and can't be controlled or influenced by just one person.
2. Transparency and anonymity payment: This secure my privacy and at the same time it is transparent also.
Apart from that low fees is also the major reason for its adoption. It makes overseas fund transfer at very very low fees.
|
|
|
|
|
Show Posts
