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I think personally, as bitcoin is not just a digital currency but also a commodity. Many who have already support buy investing in bitcoin, they have got already huge benefit.
But in the mean while there are many reasons why bitcoin become more interesting and popular, due to them value of bitcoin already goes up and in coming years it will skyrocket again.
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Bitcoin is really successful experiment with combination of blockchain and cryptography. Already bitcoin have become master currency among cryptomarket. And as any of altcoin is evaluated in bitcoin, considering all these facts, it taking to new era of technology with decentralized technology. If such technology accepted by people then it will definitely become a milestone in history ever.
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As per I think personally as First of all Bitcoin is most predefined successful experiment combined with blockchain and cryptography technology. In 2013 people who help to reach price of Bitcoin to $1151 and then dump to $211 till 2014. But after well advertisement, awareness and advantages of blockchain technology with various application and few Organization participation along with altcoin creation, bitcoin become master currency among crypto market. Due to long sustainability with promising features, bitcoin become popular so currently have no chance to happen crash like as 2013.
As well people are interesting to enter in to new era of economics and revolutionary finance system. This interest giving born to new decentralized platform and other various perspectives which are beneficial for future of human being with more control and transparency. Currently bitcoin have biggest share of market capital and in future it will increase rapidly. |
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As per I think personally as First of all Bitcoin is most predefined successful experiment combined with blockchain and cryptography technology. In 2013 people who help to reach price of Bitcoin to $1151 and then dump to $211 till 2014. But after well advertisement, awareness and advantages of blockchain technology with various application and few Organization participation along with altcoin creation, bitcoin become master currency among crypto market. Due to long sustainability with promising features, bitcoin become popular so currently have no chance to happen crash like as 2013.
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Actually covering issue or news is another part but I personally think that media is being used to make promotion of bitcoin. And in matter of bitcoin media is doing his job perfectly.
Awareness of crypto currency and bitcoin along with blockchain technology is also important in coming years.
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Well question !
And its must to know every new one hows it circulated !
Bitcoin i made up of satoshi and if we calculate 1 BTC = 100000000 Satoshi
And as every one know how many bitcoin will be generate ?
Every bitcoin is made of 100000000 parts whatever mined till dates are circulated person to person only with proper verification which is done by miner.
For example if A have 0.05 BTC means he have that much amount only of Bitcoin and when he send to B certain amount from it as 0.03 BTC then that amount just will be pas from A's wallet to B' wallet. In such matter every mined bitcoin is circulated with P2P technology.
This technology is made up with blockchain and cryptography. Also use own protocol.
Just you need internet access to use this Fintech services.
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I see that everyone sees Bitcoin as this magical money making thing so here is a great way to make some money:
1. Learn a skill that is in demand.
2. Use that skill to make money in your worthless inflationary local currency.
3. Convert that worthless currency into bitcoins.
Boom. Now you have real money!
Spend as desired.
Bonus points if you can use your skill that is in demand to directly make bitcoins.
Excellently mentioned and I have got point. I was really finding in that way which can be offered in matter of Bitcoin and finally offering services of instant altcoin exchange http://shift.coinsinfo.xyz Offering such kind of services or creating own informative blogs/website or social presence can get you bitcoins. |
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I read most of all views everyone mentioned about blockchain. But no one clearly mentioned.
I am not genius, but what I understand about bitcoin development is as below...
Bitcoin is made up with combination of blockchain and cryptography. Basically blockchain and cryptography both are man made things with quantum physics. But Satoshi Nakamoto is the person who brings them together to make invention of Bitcoin.
Now few words about about Blockchain and cryptography
What is Blockchain ?
Blockchain : We can divide it into block+chain. These blocks are made up of mathematical formulation which have to solve with computing power. And after solving these blocks which are made of encrypted non reversible data storage. So in short word we can say Blockchain means non reversible data storage with encryption. In blockchain each block have certain data which is connected to each one and can be used to access encrypted data anytime.
Cryptography : Crypto is the main word which means the art of writing or solving codes. Now it has many types of writing code while solving blocks with help of various algorithms.
While miner solve block with using specific computing power with solo or pool mining they receive rewards for there contribution. But this rewards is vary an depends upon many factors. Such as block height, block difficulty, block reward, time taken to solve 1 block, maturity of block, total contributing power etc.
the bit in red is wrong thats BITCOINS blockchain. you will find that there are other blockchains that are chained together in other ways. a block is just a clump/cluster/group of data put in a lump. how its recognised as a block how its secured if its locked to be immutable or linked but editable are all optional. bitcoin however chose to go for the immutable route with using sha256 hashing to recognise a block.. and then PoW hashing using Sha256 and a target pattern to achieve to secure (double lock) the block data to a way that becomes hard to break EG a block of data can be signed using a keypair. and then signed by several keypairs. it can be made editable only by those keypairs. immutability is not actually a default requirement of blockchain. but their are obvious advantages of those using blockchains to want immutability if the data is to be made public bit in blue is also incorrect some blockchains can release all the circulation at genesis and then choose to demurrage(tax) the funds if they dont move. some blockchains dont even have to contain any financial "coins" at all. it may just be identity data or domain name data I agree with you. I just have elaborate its at normal level to understand newbie bit more about how processes of bitcoin or any altcoin work to finalize block and distribute rewards. |
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I read most of all views everyone mentioned about blockchain. But no one clearly mentioned.
I am not genius, but what I understand about bitcoin development is as below...
Bitcoin is made up with combination of blockchain and cryptography. Basically blockchain and cryptography both are man made things with quantum physics. But Satoshi Nakamoto is the person who brings them together to make invention of Bitcoin.
Now few words about about Blockchain and cryptography
What is Blockchain ?
Blockchain : We can divide it into block+chain. These blocks are made up of mathematical formulation which have to solve with computing power. And after solving these blocks which are made of encrypted non reversible data storage. So in short word we can say Blockchain means non reversible data storage with encryption. In blockchain each block have certain data which is connected to each one and can be used to access encrypted data anytime.
Cryptography : Crypto is the main word which means the art of writing or solving codes. Now it has many types of writing code while solving blocks with help of various algorithms.
While miner solve block with using specific computing power with solo or pool mining they receive rewards for there contribution. But this rewards is vary an depends upon many factors. Such as block height, block difficulty, block reward, time taken to solve 1 block, maturity of block, total contributing power etc.
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Awesome service offerings for short address for own bitcoin wallet address to receive payments. Really appreciate for amazing concept with exact amount according to bitpay exchange rate for fiat currencies.
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New coin with new concept. But as per my acknowledgement every asset with blockchain must have to be decentralized. But huge amount of coin is premined and as for better distribution offers some bounties. But in such scenario many developer dump their premined coins.
So I am quite stumbled about future of such coins.
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I personally think that Bitcoin is the biggest invention made with combination of Blockchain and Cryptography. Basically blockchain and cryptography both are human made technologies which have independently "0" value. But combination of both makes real miracle in form of Bitcoin.
Bitcoin is already explained very deeply as it can be divided into 100000000 parts which are called as Satoshi. But I am going to talk more deep as Bitcoin is the Prime or Master currency of crypto World or Crypto market.
Already many new altcoins are launched and running successfully. But Without Bitcoin these altcoin have no value because all altcoins are evaluated in Bitcoin.
Many new altcoins based on different algorithm are launching now a days, many of them are really great for human for better and transparent accessibility.
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Ever since HashOcean went awol, I've been more than sceptical about cloud mining and the purchasing of "powers" and investing in pools with other investors. I know the ROI of most cloud mining sites is impossible to achieve with mining alone. I've recently invested a small/safe amount into a new site and I'm literally watching my balance grow. That is why I post this question.
Most of almost 90% cloud mining sites are scam and based on ponzi schemes as they offer attractive incentive to affiliate marketer to encourage user to invest there bitcoins to get higher ROI. Already big names with big capital such as hashocean, cloudminer.io are shut down , even they have already paid lots of amount to user. But according to algorithm set for bitcoin mining such cloud mining companies cannot sustain for long term. |
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i have a basic on it but how do i set it up and how do i turn it in to paypal!
Bitcoin is Anonymous decentralized digital virtual cryptocurrency. Bitcoin formulation with blockchain and cryptography is the biggest invention ever of this century, so it can be called as global currency also. Bitcoin is Peer to peer currency so no one control it. And to access bitcoin you must have to set up wallet. Wallets is in different form as Desktop/Software Wallet, Hardware Wallet, Smartphone/App Wallet, Web Wallet. After then you have to buy bitcoins to store or spend or sell. (Above mentioned information is explained on Pocket Bitcoin Guide Source : http://bitgold.co.in) You can find more information. |
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What about Bounties. If any avail inform via PM. I already have some TBC and trying to sell them on https://thebillioncoin.trade. But I am not able to sell them As there is only allowing to buy TBC against BTC. Not allowing sell TBC for BTC. It seem something like ROM(Rise only market) Price is only climbing up no even single sell transaction seen on TBC trading platform. |
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Pumping and dumping is old strategy of cryptocoin owner. Most of time owner already do premining and dump it on exchanger to get BTC against it.
Is such cases people must have to think about Buy Wall support. I am not getting any interesting movment on buy wall. Also VIP still dont have website Live.
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If you’ve got a website that gets traffic, and want to earn some bitcoins, then partnering up with a Bitcoin advertising network is right up your alley. These companies automatically serve advertisements on your website on behalf of advertisers. When a visitor clicks an ad, or you get a bunch of traffic that views the ads, you get paid. In bitcoins. |
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Just checked ICO link not working. Also lack of design and content. Already have PM you. About suggestions and recommendations.
Concept of global payment network based on blockchain technology is really admirable already Stellar also making strong moves towards cross border payment solutions with help of blockchain technology which is really admirable. It won't become a good concept if never get a release or real implementation. And I think this thread has made by OP with a hurry. Honestly, I feel doubt with this such as referring about such shit coin. But keep watch on this place for further information. I agree. Still no particular date is released. Also not have make proper promotion and strategy disclosure. Concept is really admirable but if not went with proper way then it will be definatelly become part of Shit. |
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Just checked ICO link not working. Also lack of design and content. Already have PM you. About suggestions and recommendations.
Concept of global payment network based on blockchain technology is really admirable already Stellar also making strong moves towards cross border payment solutions with help of blockchain technology which is really admirable. Terra also have good concept for bright future as well as transparent and secure transactions. But need more clarification about development. |
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