The number of bitcoin is only 21 million, is that enough for the future?
given the vision of bitcoin to become world currency?
what do you think of this?
Of course it is enough for the future. Just remember BTC has 8 digit after the point (0.00000000), so eventually the fees will get down and people will be enable to send 0.00000010, for instance, and it will suppose much more money than today. The system has been designed this way precisely looking at the future of BTC. |
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If I planned on buying some coins today. Which would be the better long term investment, and why?
Its depends directly on how much money you have. If you have now a pretty substantial amount, I should say: invest on BTC, for its price is low now and you can earn money in a short time. If you don’t have a lot of money and you want to make a tiny invest, maybe you should choose an altcoin, as Dogecoin. There is also a third panorama, the intermediate one, where you have money enough to buy an important altcoin, as BTC Cash or Ethereum. I would choose this option If I had enough money or if I had a lot of money and didn’t want to spend it all. Those three options are good enough to see substantial profits anytime soon. |
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Which altcoins are best for small payments in terms of transaction costs and speed?
I should say DOGECOIN, for any transaction only cost 60 satoshis. They are cheaper transactions, cheaper coins and DOGECOIN seem to have a bright future ahead so, for small investment and in order to get cheaper transactions I feel that’s the best. If you want more options search for coins with low fees. |
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A US government institute has claimed Bitcoin Cash (BCH) is the “original” Bitcoin while Bitcoin itself (BTC) is a “fork” in a surprising official research into cryptocurrency. In a document titled “Blockchain Technology Overview” from the National Institute of Standards and Technology under the US Department of Commerce, authors Dylan Yaga, Peter Mell, Nik Roby and Karen Scarfone claim that “technically,” the perception that BTC is the genuine version of Bitcoin is incorrect. “When SegWit was activated, it caused a hard fork, and all the mining nodes and users who did not want to change started calling the original Bitcoin blockchain Bitcoin Cash (BCC),” they write. Read more https://cointelegraph.com/news/fork-fail-us-government-claims-bitcoin-cash-is-original-bitcoinWow, crazy to see the Nist behind this article. This is huge because if you realize who is Nist, they are the ones who make the rules for almost anything  So, will be important to keep an eye on this, because will be one crazy colossal business vs the coin developers and miners, who will win this fight, let's keep tuned. They say bch is the original chain but will be hard to see people believing it. |
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Greetings to everyone! There is a pretty new anonymous cryptocoin which has a huge potential and is currently at a low price. It has 21 bilion max supply, which is 1000 times more than Bitcoin and the block generation is much smaller in time. The transactions are sent in seconds and validated in just a few minutes. It brings stealth by the zkSNARKS algorithm, being a proof of work (POW) coin, currently based on EQUIHASH. So it is ASIC resistant. Is called BitcoinZ and is inspired from ZClassic. Here is a video about it and an interactive explanation of the zkSNARKS algorithm: If you have some free time, please check it out. https://youtu.be/3hVG888tOpYI would like to hear your opinions on it. I think that it may have a great feature, because the community is dynamic and they want to improve the technology. I also heard that they want to add smart contracts. Have a nice day!But that's not new at all... about the 21 Billion max supply, we have dogecoin with a big supply too, about the fast confirmations we have clams who have blocks each minute. So the coin you are promoting is just another new alt on the market... I wish you success but i would like to see coins with new features, not more new coins with the same old features... |
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given the cayos happening in the world i wouldn't be surprised of nuclear war and in this case i would expect internet disruption question is what happens to Bitcoin if internet goes down?
home internet and mobile internet goes down
do not mean trade bitcoin to buy/sell i mean using it as a way of payment say you wanted to send money to someone abroad for family far away
If internet goes down, the price should be stuck, since no one can buy or sell the price will freeze in time. We have two scenarios: 1.-Internet goes down for a short time... If that happen then when internet comes back things will go back to normal. 2.-Internet goes down and never come back... If this happens then we can say goodbye to bitcoins, but if this makes you feel better, I can tell you will miss more other internet services than bitcoin. |
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Everyone says trading is easy,you have to pickup a good coin and then invest your money there..Will you guys,please tell me how I know it is a good coin or bad?What certain things I should check about that coin?What types of information helps me to know the coin is good?
The good coins are the ones you buy and give you big profit. Those ones who you can buy at $0.01 and sell at $10... But is hard to know what will be the next bumping coin in the market. But you can follow trends and news, that way if you read about banks investing again on ripple, you can invest too and ride the wave with them. At the end, good coins are the ones who people talk about, better place your bet to something secure. |
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People want bitcoin for the same reason they want gold. Because it has a nice price on the market and the amount of bitcoin is limited. But people want bitcoin to make money with time, you know... but at $10,000 then sell at $100,000. If people are good at holding, then will be easy for them to make profit. People want bitcoin to send money for other countries without paying those big fees to banks, and one last reason is; people want bitcoins because no one can freeze your money (like banks do), so, if people have bitcoins, bank and gov can't do anything to stop them  |
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I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
Hello Smith. A lot of people use bitcoin as a scam, in this forum, we know that kind of business as Ponzi. That piramid business always run with the money, and isn't cool, because they give bad trust for new bitcoin users. A lot of people even in this forum promise that they will double your money, but that's a lie, so don't trust them, better learn the right way to use bitcoin and altcoins. The most secure way to use this coins is by holding them, if you want to invest in bitcoin or other alts, then buy the coins and hold it in your wallet, that way no one will run with your money, and if the price goes down, that doesn't mean you lose your money, you can just wait until the price recover. If you need more information about how to manage your bitcoins in a secure way send me your questions on a PM and i will help you. |
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who among you here heard bitcoin back in 2009 and 2010? I was one of the people who is very skeptical about it and I really regret it.  I missed the best opportunity for a lifetime. But that's how bitcoin roll, we can't look back, always forward. Has been like that since the start. So, better be happy that you are now on the right track. Of course, we lose an epic chance on life, some people ride that wave and now they are millionaires but don't lose your trust, we still having a chance with some alts. Better ride some alts now before ask yourself in some years; Why i didn't buy a million doges when i had the chance?... |
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well, there are a lot of theories about Satoshi Nakamoto.
People say he is a Hacker, or he is a group of hackers (white hat). Not those kind of hackers who want to destroy things.
He has to stay anonymous because he declares war to the current economic system, so, for sure lot of gobs and banks want him in Jail.
What we know about satoshi nakamoto, is that he creates bitcoin code and the white paper, and he was the first guy mining blocks, so in theory, he is a millionaire. But at this point, he hasn't moved the first mined bitcoins.
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Damn, that sounds bad. a lil more than 500 million stolen. #HackersGonnaHack! We can all learn how important is the security in this system who manage wallets... All those systems are at risk just for holding those coins. Hackers will always try to find the way to get those coins just because there is a high prize for the ones who vuln those systems. Let's hope that doesn't impact much the markets |
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Any predictionist that predict bitcoin will bullish run up to 20k$ this year ? Year 2017 bitcoin hits 20k$ but dramatically down at 11k$ ! Looking for advice if it is good to invest in bitcoin or nahh ?
Your suggestion is highly appreciated !
Thank you !!
al $20k... again? People had their chance and let it go... god doesn't give second chances but bitcoin does. I think it will be at $20k again but not sure if that will be in this year. Remember when it was at $1000 for the first time, after that it goes down to $200, and stay between $200 and $300 almost one year. So, let's keep an eye on it and see what happen. I will pray for that $20k again, but no idea if that's possible at all. |
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To feel lost in trading is normal when you are new in this world. We are impatient creatures, we need profits now, just now. There is the biggest problem with investments, and trading: they need too much patience. Is just that: try to boy when prices are low or seems to be getting as low as can be. Then, wait, wait, wait, be patient, do not despair, for, surely, it is going to grow again.
Panic selling makes a lot of people rich. People who have the necessary patience to stay, to hold till the prices reach the point of interest.
Selling when you don’t have any profits is never going to be wise. So hold, hold and patiently wait should be your motto.
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Since the market is going down and down are you worried about your Bitcoin? I saw someone asking what to do with his/her bitcoin? S/he has 12 bitcoin. What are you doing with your bitcoin?
To hold And to stay calm. This is what I do. BTC has shown us how can its price can jump up and down, but some people seems to forget all that happens last year: from around $1000, BTC increased its value to $20000 and then stayed (for now) in about $11.000. Well, it grew a lot in a year: from $1000 to ten times its value: $10.000. Pesimistas thoughts just don’t have place in my mind. I feel BTC is great and it is going to still being great for a long time. Experts said this year probably BTC is going to fall to $5000 and also reach the $50000. When and how? Who nows, but I believe they are right. For instance, check this link: https://walletinvestor.com/forecast/bitcoin-predictionOf course it is just a prediction, but has the same fundament than pessimistic predictions, so I choose the optimistic ones.  |
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Gambling is gambling. There is always a chance to loose everything, and I will never put my money in another hands to gamble with it. If you want to do it by yourself, go ahead, but gambling is not an investment.
If anybody try to sell yo gambling as an investment, this person is, definitely, trying to cheat you. There is no such a kind of investment, you can’t even use the word “investment” and in the same phrase “gambling”, for it is absurd. Investment is supposed to be something that give you confident and uses your money wisely, so you can earn (and of course the investor) more money. Usually it needs time and patience, but never, I repeat, NEVER, gambling is involve.
I'm sorry, I believe someone is trying to cheat you.
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I just want to know the general feeling from everyone around. i know the market is in correction but overall, i feel that litecoin will not go near 300 again.
I think Litecoin has a bright future, for as long as BTC become more expensive, so does Litecoin. Do not forget all the altcoins performs in straight relationship with Bitcoin, so if BTC rises its price, so do altcoins. Let me explain myself: for instance, you want to buy some Litecoins. Well, you will need to buy BTC first and then you can change your BTC for Litecoin. If BTC´s price is, for example, $ 10.000 and Litecoin´s value is 0.1 BTC, then 0.1 BTC is going to be its price. So, if BTC´s price changes to $15.000, Litecoin will still be in 0.1 BTC, but it has another price in dollars, of course. Then the altcoin market is controlled by the BTC value. |
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*Newbie Here!* Because of fluctuations in the value of bitcoin, is 2018 going to be the biggest downfall of bitcoin? What do you think?
Another apocalyptic thought!! Yet, lot of people feels this way. It remembers me the 2000 crisis when people used to believe the world was going to go to its end due to the change of millennium in the machines… I truly remember how even my friends and family where scared thinking at the end of the world! Well, it is common to be afraid and to have those apocalyptic thoughts when you don’t have enough information, for it seems to be a total chaos. As it's been told to you, I strongly recommended to stay reading for a while here in the forum and you will learn enough to see that BTC is here to stay and how it fluctuates all the time and never disappears!! |
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Hello What is your strategy? I feel like I'm always behind and I'm eager to learn. Thank you I usually use: - google: you type “Bitcoin” and then you select the “news” section and in “tools”, the “last 24 hour” section. I use it in order to see what is said in international newspapers about BTC, but not to get “fresh fish” - Coinbase (to see whats going on with prices and stuff) - Coindesk (you will find there tons of articles about crypto, it is a specialized page) - Coinmarketcap (all the crypto and their prices are shown in there) - Twitter (no need to explain)  And of course, one of the best ways to be always updated is this forum, you can go to Bitcoin>Bitcoin Discussion> Press. There is always tons of new information about whats going on with crypto and also about whats going on with papers, governments, &CO. |
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