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I think yes, bitcoin is the new era of our currency system because it is the next level of currency and can be used as a currency and also as an investment. Bitcoin is one of the leading currency in the market that is having both volume of users and also volume in money. If bitcoin development will continue then we can easily get our new currency which is bitcoin.
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I think because of the value, high value of bitcoin attract more people to used it and to earn with it, and also the great services of all the bitcoin wallet it help to lure more users to used bitcoin. Like here in my country bitcoin is not too popular before but now every time i visit our local boards there are always a newbie that asking about bitcoin.
Yeah, value is one of the reason why the people get attracted to bitcoin because they see potential earnings from there and they see the high price as a opportunity to become rich plus the great features of bitcoin that can help them to make their life easier than before and make their monthly tasks with a lesser hassle because in most of the countries, you can use bitcoin to pay our bills. |
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After a lot of readings and youtube videos, I decided to get myself a trezor.
Trezor very solid and good for me  Dear friend I think best for me and everyone https://bitcoin.org/en/choose-your-walletGreat place to see any wallet for BTC To be clear, he is asking for the best "Hardware Wallet" and not the overall wallet because they are so different to each other. Web wallet is very different to desktop wallet, paper wallets and also for hardware wallets. The best hardware wallet that i know is trezor also because of its year that been tested by a lot of bitcoin users so i will not have any doubt for trezor to be the best. |
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Same as wannacry if a scenario arises affecting lots and lots of transaction and the entire network getting stuck will cause a downfall. But it won't cause a complete destruction, development team is strong enough to overcome such issues. Even the wannacry ransomware is cleared in a simple manner.
Wannacry is not an issue for bitcoin because it is the os users fault, if they will update their os regularly and also do some security practices then they will not get infected by the wanna cry ransomware. Wannacry is not a big deal for bitcoin either because bitcoin is just used and there is no connection between them. |
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I think those who are increasing the fees are just trying to push the limits and see how far they can go before everybody gets really mad and decide to act against them forcibly. Even if the number of transactions are growing by the day, so are the unconfirmed ones. Increase in transaction fees are ok but only up to a certain extent where it is still cheaper than most other conventional ways to do transactions.
Yeah, 0.85 USD transaction fee is very cheap for me because it is not like in the paypal that can cost you more and also if you didn't take that average fee then you will not be able to send or receive bitcoin in a short period of time and it might take you a lot of days before you get the amount. 0.85 USD transaction fee is still the cheapest that i pay for a transaction. |
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If segwit will be implemented to bitcoin then it will be a huge help for bitcoin because the block size will be bigger and the stuck transactions will be lessen and the flow of the transaction in the blockchain network will be faster because of the bigger sizes of blocks which is very important for us because we love fast transactions.
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Yes this kind of rumor will be big if it will become a true news because we all know that US is one of the powerful country and they have a lot of businesses there and if they truly accept bitcoin as a payment then it will be a very big rocket fuel for bitcoin to skyrocket again and it can help to make the price of bitcoin to be stable at 2000 USD.
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Yes, definitely. I would like to have 21.
Getting 21 bitcoins is very easy if you have 1 bitcoin or more because it will be easy for you to earn decent profit from trading because you have a big capital and even just a small move for the price then you can really earn money and increase your capital up to 10% in just one trade. |
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for me bitcoin transaction fees is fair...
but just don't transact if you have low bitcoin amount. just wait until your bitcoin is big enough and you can transact it all at once.
in order to save transaction fees.
I agree with you, do not send bitcoins when you only have a few amount of it because there is a chance that you will pay higher amount in fees than the actual amount of bitcoin that you are actually sending to another person. It is best to send it all in one transaction so you can save time and also money because you only need to pay one fee. |
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We don't need to lie because it is true that anonymity is one of the causing problem in some of the conflicts that we have now especially the ransomware attacks. They choose bitcoin to be their payment method because bitcoin is anonymous and cannot be traced so they have the advantage and they can get payments without being track down.
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I vote for between 0.5 and 1 because i think that most of the users of bitcoin is not that serious collecting and saving bitcoin and most of them are just getting started so if you estimate it then 0.5 and 1 is the best option for me because for a newbie, it is hard to earn or get that either 0.5 and 1 unless they buy it.
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If you are talking about the slow confirmation time of bitcoin then i think it is about the volume of transactions that made by users and there is a lot of new users and that is why they are causing some traffic for the network of bitcoin so if they want a faster confirmation time then they needed to put higher fees.
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I keep my btc exchange wallet. easily I can transfer my btc and alt coin. other I can trade and earn.
so I like exchange wallet for keep btc.
exchange and offline wallets are good for monitoring payments and transactions. It can be useful anytime. I think exchange wallets is not good suggestion. try storing it on online wallets such as coinbase and blockchain.io instead of some exchange because still even if they are big exchanges, it can be hacked as before, I know some exchanges had been hacked. So dont store your coins on an exchange in a long term. Even either of those two are risky because it is still online and in coinbase you cannot have your private key and also in blockchain it is risky because of its attractive high amount of users and it has a hacked history before where thousands of bitcoin is stolen so it is best to just download desktop wallet and put there your bitcoins and do not trust online sits like web wallet and also online exchange. |
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There are so many ways to earn bitcoin, you can earn by trading, you can earn by gumbling, and you can also earn by investing. And i believe that investing is the best way to earn bitcoin because if you find a legit site you can really wait on something in return.
But the big issue is its very hard to find legit and trusted place to make an investment as everything will look fine in beginning but there is no guarantee that it will pay you in long term as many of sites have disappeared in the past so people prefer not to invest in those sites. bitcoin investment is a big risk. I suggest to get away on those investment as a big percentage is it can be a scam. better trade your bitcoins because you hold it yourself. dont let others hold your funds as they can take it and run away. Can you specify what is the bitcoin investment that you are trying to say? Because i think investment in bitcoin is not a big risk and it can't be also a scam because bitcoin is one of the profitable investment and also stable at the same time. If you trying to say about hyip then they are really risky and can steal your money and ran away so it is better to just do trading rather than investing on hyips. |
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The best way to solve this kind of problems is to get well educated to the things like how to secure their computers and what are the things that they need to look for if they want to be secured even they are using windows os. They should update their computers always and also use anti virus and do not just click and download any kind of software or apps online. If they really want to be secure then they just needed to switch to linux  . |
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I am fascinated by Cryptos, do you think it's feasible that I can actually earn bitcoin without investing fiat. Your thoughts?
It's worth you can earn free altcoin/bitcoin in faucet, giveaway or crypto contest, if you have skill you can make blog and participate in altcoin / ico and and also can get bitcoin through this forum by join in signature campaign then you can trading with Cryptocoin which you earn. but to me i think earning from faucet is not such a good one. i think it is just the wastage of time, instead of faucet i will recommend you signature campaign from where you can also get free bitcoin for posting in the forum bitcointalkl.org. but still there one can get a limited amount of money, while from trading if you have some money to invest then from there you can get a good amount of money in short time. Faucet sites are worthless and they don't have good rates in payments and they just give hundred of satoshi which is very bad as a source of income because it will take you years before you earn your first bitcoin in this kind of source and i do agree that trading and signature campaign are the best because you can earn in signature campaign and invest it on trading to have a bigger income rather than doing faucet. |
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I think the same thing about it where the banking system in the future will be eliminated with bitcoin
Banking system will not be eliminated by bitcoin because they will not allow this to happen and banking is one of the common money transaction that you can do and without banking they cannot control the flow of money which will lead them for a panic situation. I think bitcoin will be just partner by banking system and there will be no elimination. |
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Bitcoin is gonna die for sure but it will not be soon because it will take a lot of time and almost a lot of decades before bitcoin will die because a lot of people now are using bitcoin and bitcoin is just getting started to be notice by the people around the world so it is not that easy for the haters to make bitcoin die because they will die first because of being old rather than bitcoin.
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Some wallets sound too technical like the full node but am keeping it simple am using a combination of:
-Lightweight Wallet (Desktop)
-Paper Wallet (self generated)
-Web Wallet (blockchain.info)
and now planning to get a hardware wallet to use now that i have been told it can be used with altcoins such as creditbit
I also use those three wallets because they are the best pack of wallet for me because if my desktop wallet doesn't have any app then i can use web wallet which is accessible online and paper wallets for long term hoarding and most of my friends always using that kind of wallet because it is much cheaper than hardware wallet. |
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I think this prediction or topic is right because the price of bitcoin is ranging about to that price and now it is dumping and the summer is about to end and i think that the price of bitcoin will continue to go down and be stable at 1500 USD and it will take a few months to have a pump again. It is worth to wait than sorry.
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