Do you think there will be a day when faucets ended up
giving out only 1 satoshi?
not in near future because this mean price of bitcoin more than 1,000,000$. faucets most gain huge demand because exchange sites is risky and bitcoin price high Freebitco is now giving 12 satoshi to claimers which is equivalent to 0.002 dollar. If 0.002 dollar is equivalent to 1 satoshi, every bitcoin should worth 200000 dollar. |
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what are the benefits you get in bitcoin? And how those it affect your daily living?
Bitcoin is so useful and it helps me a lot. In price of it, It's so unbelievable and this is the one thing that helped me. I spend a year working with Bitcoins. I can provide my own money now because of Bitcoin. I can put my money in my bank accounts. I can secure my money because of it. I love bitcoin because it always help me financially and mentally. It's good when you are keeping Bitcoins and the price is rising. Consider that you are keeping some bitcoins and the price is falling. In this case, most probably you prefer to convert your money to fiat and trust banks. |
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There isn't any tool. It's the first time I hear this and it's a good idea. Loss of bitcoins after death has always been a concern.
As a solution your private key ca be emailed a person we have defined before.
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1300 dollar fee? Are you sure? Now there are many unconfirmed transactions which cause the fee to be high. But it's impossible that transaction fee is 1300 dollar. The problem is not with network.
Edit: Now there are many unconfirmed transactions which cause the fee to be high. But it's impossible that transaction fee is 1300 dollar unless you have received your bitcoins from a lot of addresses. It's the first I hear about such a high fee.
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Most probably trusted exchanges such as Bitfinex will give you the coins. But it's better to move your coins to a wallet which you can control your private keys. In this way, your coins are safe and you can access them easily.
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Yesterday you were asking that you were too late? - Yesterday it was 12000USD
- Now it's 14000USD
So what do you think that you are still late if you buy bitcoin right now you will earn a lot dollars from it. And now the price has passed 16000 dollar too. I think the price can rise much more. But It's really difficult especially for newcomers to decide whether invest in bitcoin or not as no one knows what will happen in future. |
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Bitcoin has a lot of benefits. It's decentralized and eliminates intermediaries. It is useful for peer-to-peer transactions. Transactions can be made easily and the privacy is protected. But unfortunately these benefits are not why people are using Bitcoin. Bitcoin is not used as a payment system. It's an asset which people are investing in.
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Recent price riseing of bitcoin is really bad for us.Because we cannot buy more bitcoin now.it's totaly expensive.Invest on bitcoin is dificulte for investors now.
I don't think it's a problem, If you want to invest in bitcoin, Invest as much as you can afford. There is no need to buy 1 bitcoin. you can buy 0.1, 0.01 or even 0.001 of it. What i important is the value of your investments in dollar. |
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It was June 2016 when the price was about 700 dollar. After about two months bitcoin price dropped to about 600 dollar. I thought that price fall will continue and I didn't invest very much. I never thought that the price would reach 17000 dollar.
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Now at the time of posting the number of unconfirmed transactions has increased to 217000. But I think there's nothing to worry about. We have experienced similar issues several times. Every thing will go back to normal very soon.
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Billionaire hedge fund legend and former Fortress executive Mike Novogratz believes the bitcoin price will “easily reach” $40,000 by 2018.what do you think?
That is 4times the price now, I don’t think that’s is possible in the year 2018 because we don’t even have no clue what are the big events that might affect the bitcoin pricing next year. That is either good or bad that either increase or decrease or even stop its bullish run coming from this year. I can give numbers but 25000$ to 30000$ is much more attainable. But Bitcoin price rose 10 times in 2017. So 4 times rise in price is not something impossible. I think there is a high probability that price rise to much more than 40000 dollar. What will happen in 2018 is really unpredictable and every thing is possible. |
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$10,000 is an interesting number. The exponential growth of Bitcoin is a warning sign for me because I believe it is a result of speculation and FOMO. Not to mention, over 90% of Bitcoin is held by 4-5% of wallets. This might be an unpopular opinion but I am expecting a Bitcoin correction soon.
Correction? It was done when the price dropped to under 6000 dollar and now the price is rising again. I don't expect any correction to be done soon. |
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I think fiat will always have a place. Governments and tax agencies simply will not accept payment in currencies other than the government owned currency. I don't think that will change ever
I agree with you. Governments don't want to lose their control on transactions made by people. They want taxes and they also want to be able to prosecute buyers and sellers |
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I agree that Bitcoin transaction fee is one of most important problems, but the transaction fee is not much now. Now 0.5 mBTC which is equivalent to 4 dollar is enough for a transaction to be confirmed very fast.
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Bitcoin Segwit2x fork cancelled on November 8 and many people got into a panic and thought that bitcoin will fall and fall and won't rise again. Then Bitcoin Cash rose to 2000 dollar. Many Bitcoin transaction was unconfirmed. Many people were worried. Many sold their coins for fiat and many fell into the Bitcoin Cash trap. But those who were patient and believed bitcoin got their reward after a few days and those panic sellers regret. Yes. Bitcoin price has risen to a new all time high and is still rising.
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These days, earning with Bitcoin doesn't equal doing illegal things. People used to associate Bitcoin with illegal activity some time ago but it has changed. Now, many people are investing in cryptocurrencies, mostly in mining which by some people is said to be one of the most profitable methods. In my opinion, investing directly in Bitcoin is more profitable.
People don't use bitcoin for illegal activities any more? !!!! How do you know that? !!! No one can control it. Bitcoin is a decentralized currency and buyers and sellers cannot be tracked. So there is no guarantee that no illegal activity will be done. |
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Hi guys, Today bitcoin reached 8K, but now is in road to 7K, its good time to buy?
i'll be waiting by yours answers, thanks
Anything can happen in cryptocurrency, so one cannot be sure about the price in the coming days. Also crash is in invitable so there can be situation in the coming days when price falls below 7 k. But looking at the current statistics, there is no reason for such fall if you really want to invest in Bitcoin then I would suggest to wait for some days. As volatility factor will make the price drop under 7k for sure. There is no guarantee that bitcoin price will drop to under 7000 dollar. Seems that the price has become stable. Better to invest now and wait for the next rise in price. |
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Bitcoin is changing the way we live. Bitcoin is changing the way we do business. Bitcoin is changing the way we travel and save our assets. Bitcoin and blockchain technology has open new doors for people to do business with one another without the intervention of third parties. What do you make of this, huh? Share with us what you think. thanks  Bitcoin can make a bigchange in the world nowadays because bitcoin can hold your success through using it as a currency of a nations economy in which includes many cluster of economical state of a country. The only permanent thing is the world is change. Recognizing innovation is arrive And bitcoin was one of the product of change and also one of the intrument in changing someone's life. Although Bitcoin can gives you many opportunities to change your life, but can you take advantage these opportunities? I know we all have same position, but the fact, the poor are worse than the rich to own Bitcoin. The poor do not have money to buy Bitcoin, so how does Bitcoin change their life? Yes, they can't afford to buy bitcoin, buy they can earn bitcoin with many ways. So bitcoin can change their life too. It can work even for those who cannot buy Bitcoin. |
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Yes bitcoin is now back and I'm only asking for it to be seen at $7,000 and now it's down a little bit to $7,165 still a good price though.
There will be tough decisions that we have to make with these peaks and expect it that there will be some dip in the future. But I hate those FUDs that are mistakenly taken by the people.
It's better to see a normal correction, just enjoy the peak today and don't be too greedy.
Correction? The correction was done and the price rise has just started. The price had dropped to below the 6000 dollar and now it is rising again. |
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People are interesting in bitcoin because they want to big profit in short time which is possible by investing in bitcoin. It can make a person rich if he can invest and hold them it can be like gold. $1 bitcoin now turn into $7000 & more. So why not people should interest in bitcoin?
Yes, I completely agree with you. But it's not that easy to risk for everyone as there is no guarantee that the price rise will continue. |
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