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81  Bitcoin / Development & Technical Discussion / Re: Which types of wallet better for bitcoin? on: December 12, 2017, 07:23:36 AM
 i use electrum, because it uses servers that index the Bitcoin blockchain. No Lock-In. You can export your private keys and use them in other Bitcoin clients. No Downtimes
82  Bitcoin / Bitcoin Discussion / Re: Bitcoin, is it really just a bubble? on: December 12, 2017, 07:12:12 AM
it is hard to see what would stop central banks from creating their own digital currencies and using regulation to tilt the playing field until they win. The long history of currency tells us that what the private sector innovates, the state eventually regulates and appropriates. I have no idea where bitcoin’s price will go over the next couple years, but there is no reason to expect virtual currency to avoid a similar fate.
83  Bitcoin / Development & Technical Discussion / Re: Quantum Computer vs Bitcoin on: December 11, 2017, 06:28:10 AM
Security agencies and the US DoD have tech that is at least 30 years in advance of the stuff you buy on Amazon. Quantum was likely put into production for breaking RSA 2048 in the 1990's, which is why they stopped making such a big fuss. The fact that publicly available crypto is allowed to be freely shared should tell you it's all broken.
84  Bitcoin / Legal / Re: What about Bitcoin and consumer protection? on: December 10, 2017, 11:55:18 AM
Bitcoin now also allows a business to do a public audit of its assets. This in a way improves the consumer protection. A business can prove the use of its bitcoins without providing information about the source i.e. the customers. This gives scope for the consumer to do their research about the merchant before they do transactions.
85  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin or Ethereum? on: December 10, 2017, 11:47:13 AM
It depends on how do you compare them and what do you want to use them for. Ethereum is better than Bitcoin and Bitcoin is better than Ethereum at the same time.

They’ve made several completely different design choices and as with every choice it opens some oportunities and closes dosens of others.

I would highlight a couple of main differences:

Purpose

Bitcoin is a currency
Ethereum is a platform for running decentralized apps (aka smart contracts)
Supply

Bitcoin is deflational
The overall amount of BTC ever produced is limited
Ethereum is inflational
The ETH supply in unlimited
Security

Bitcoin is simple and limited
The built-in language is stask-based and stateless
That’s why you can not express a loop and it’s not Turing-complete (this means, that there are some programs, that are impossible to write)
Ethereum has a rich programming language built-in
The built-in language is Turing-complete (this means that you can code anything you want)
More complexity implies more opportunities to make an error
Adoption

Bitcoin has a first move advantage
My mom knows what Bitcoin is
The community is a lot bigger
It’s easier to get started
There are already a lot of places where you can pay with BTC
Ethereum is less known and younger
It uses “move fast and break things” motto
It learned from Bitcoin and fixed a couple of issues in it’s design
The community is smaller and therefore has more developers than speculators
86  Bitcoin / Bitcoin Discussion / Re: Paypal VS Bitcoin on: December 09, 2017, 08:03:18 AM
Very simply, transferring money through bitcoin involves: using your local currency to purchase bitcoin, then
selling your bitcoin for the international currency you want. Your recipient receives your bitcoin transfer in a bitcoin wallet. They need to sell the bitcoin for their local currency. Finally, they need to withdraw the currency to their bank account.
Here’s how to transfer money through PayPal: fund your transfer with your PayPal balance, bank account, credit or debit card, or PayPal Credit, then send money to your recipient’s PayPal account. After your recipient receives the money, they can either keep the funds in their PayPal account or withdraw the money to their bank account.
87  Bitcoin / Bitcoin Discussion / Re: Best Place to Invest Bitcoin...Asking for a friend. Go! on: December 08, 2017, 01:27:38 PM
You can find investment site with best returns but of course with high risk  because all of them are from ponzi schemes which you have to avoid it. And there are investment program with lower risk and your coins will be safe but the percentage of return is low. So you have to invest with long term to make big profit on it. You can find it on gambling casinos like crypto-games.
88  Bitcoin / Bitcoin Discussion / Re: Reason for the Bitcoin mooning? on: December 07, 2017, 01:43:50 PM
it's trendy, it's all over FB and 'cause the perversity of it's power-hunger provides a reason to buy
89  Economy / Services / Re: 🌟🌟🌟 [NEW] JETWIN.PS Signature Campaign 🌟🌟🌟 on: December 06, 2017, 06:03:26 AM
Username : MisterPrada
Current Rank: Member
Current Post Count: 117
Bitcoin address: 1MbJxPzPxQrtc8YEyGsMTnJZ4NVYt1it2r




   
90  Economy / Speculation / Re: Will the price of bitcoin increase forever? on: December 05, 2017, 09:13:37 AM
Bitcoin is getting more and more attention in media. When more and more people will get the information about what Bitcoin is, they will try and invest some $ in it.. This just brings the value higher. So let's hope new $ will always flow into the "river" and we will end up on the moon
91  Economy / Services / Re: FastInvest Signature Campaign on: December 04, 2017, 12:51:54 PM
Btctalk name MisterPrada
Rank member member
Current post count 115
BTC Address 1NKcSayh6iq2HnmCLB9JtJZYY2uJ2gQkv9
Wear appropriate signature yes
92  Bitcoin / Bitcoin Discussion / Re: why some country banned bitcoin? on: December 01, 2017, 05:01:26 PM
Here is a reason: Governments, first thing they do is from a currency. They like to control the currency. They control it through the central bank. They also like to know who has it, where it is, where its going
93  Economy / Speculation / Re: Why is the price of bitcoin rising so high? on: November 29, 2017, 04:50:23 AM
One of the reason may by that people saw that btc increase began to buy btc and btc increase more
94  Economy / Speculation / Re: Why bitcoin so expensive? on: October 30, 2017, 12:52:23 PM
First of all, BitCoin is available in a limited number and is already known exactly in which. All attempts to spread it and bring it to the global level. Due to the anonymity of transactions in this currency, criminal communities are laid, and BitCoin is also paid for illegal goods. Also in the world of the current world events, which greatly affect the course of BitCoin, for example, when banks began to buy this currency, it has sharply increased in price. The extent to which BTC can become a global one is not everyone understands, but attempts to control it as a currency of power are already being tried. Imagine how many underground casinos have appeared in which people play anonymously on BitCoin, you yourself understand the value of currency and anonymity in this case.
95  Bitcoin / Bitcoin Discussion / Re: Criminality and Bitcoin on: October 28, 2017, 04:26:35 PM
For the underworld, BTC is a very good currency. On the black market, it's already been for several years that illegal transactions with payment of BitCoin have been committed. Of course, petty criminals like quick profits, but for some, the anonymity of the transaction is very important. Now, in connection with the growth of currency criminals also want to get it. They generally do not care, the main thing is that anonymously and without intermediaries. If among those present there are such crimes, maybe they will open a small curtain and tell something)
96  Bitcoin / Bitcoin Discussion / Re: Bitcoin crash on the 30th becasue of closing of chinese exchanges? on: October 28, 2017, 04:03:34 PM
Anyone who can, will definitely try to influence the course of BTC for its own benefit.
97  Bitcoin / Bitcoin Discussion / Re: Сan the volume of coins be increased? on: October 28, 2017, 03:59:29 PM
The quantity of BTK is limited as one of the factors making it valuable. Oil would have been cheap if it were very large and easy to mine.
98  Bitcoin / Bitcoin Discussion / Re: How to earn more BTC?? on: October 28, 2017, 03:52:25 PM
Invest your money and let them bring you dividends. On the cranes you will not go far.
99  Bitcoin / Bitcoin Discussion / Re: Bitcoin in the future on: October 28, 2017, 03:49:36 PM
The bitcoins are finite, and the US can borrow indefinitely. I think it is unlikely that BTC will completely absorb all the finances. If there was such a threat, I think governments would solve these problems.
100  Bitcoin / Bitcoin Discussion / Re: 2nd chance at Bitcoin? on: October 28, 2017, 03:43:56 PM
Of course it is worth investing. Of course, you can not raise millions, but you can probably multiply your investment several times.
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