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The blockchain technology will be bigger than the Bitcoin itself. As there are a lot of industries where the blockchain could be implemented Millions of people will use the blockchain without knowing it. From Health care, insurance to real estate, we are still at the very beginning. Even if you can mix with IOT and AI it could be an economic bomb.
Blocking technology Blockchain talked about has a unique technology, the technology is able to decentralize the network and allow people to connect with each other. This decentralization may be used to spur the wave through digital digital distribution capabilities that act as transparent data and transaction records. Due to Blockchain still known bits and pieces (still) (relatively) new in technology, so it has not been ascertained that this decentralized application will last long term. However, in the upcoming advances, it is likely to see a fundamental shift in the search for the labor market.
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I love bitcoin because its the crypto currency and its the king of the crypto. It hasa lot of use cases. I can exchange it to any other crypto.
Why do you love Bitcoin? Why are you interested?
because fast Make online payment in the country, for example internet banking may be fast. But what if you have to make interbank payments different countries? It will take a few days for the funds to arrive at the destination account. With Bitcoin, just a click away, and within minutes, your funds will arrive at your destination.
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How common is Bitcoin in Asia? Just want to know Bitcoin in asia is BTC China is a standout amongst the most surely understood Bitcoin exchanges in the business. It exchanges BTC/CNY, LTC/CNY, and LTC/BTC, and its stage is enhanced to work even on cell phones, particularly with iOS gadgets. An online trade for the Chinese bitcoiners, BTC China is currently among the biggest exchanging stages on the planet.
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About virtual currency, there are 03 different understandings:
Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money. The type is not real value, not guaranteed by cash, gold, and valuable assets. The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.
The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.
The so-called virtual money that is Bitcoin is one of the most famous virtual currency in the world .... CEO Bitcoin Indonesia Oscar Darmawan explains electronic money has a server so there is a publisher company and responsible person.
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What's preventing Bitcoins from being accepted as mainstream payment forms? I'm working on a new blockchain and would like to learn what drawbacks of Bitcoin urgently need to be improved Wink
The biggest disadvantage of bitcoin is the value of the currency that in some countries is considered illegal it plummeted to US $ 100 to US $ 517 per bit. During this time the movement of Bitcoin exchange rate is very volatile. The end of last year alone was still at US $ 1,000, less than two months had decreased by the same amount.
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hi guys as you can see , bitcoin dropped now less THAN 8,314.88 USD., AND IM PRETTY SURE IT WILL STEADY AT ITS PRICE TILL APRIL, SO RIGHT NOW IS THE BEST TIME TO BUY BITCOIN, DONT MISS ITS PROFIT, AS ITS BOOMING AGAIN IN 20KUSD AT THE END OF 2018. SELL YOUR HOUSE OR ANY STUFF THAT IS NOTHING TO DO WITH YOUR LIFE, MAKE MONEY WHILE SLEEPING. IM DOING IT RIGHT NOW.hahaha
Yes, it is the best time and the perfect time to buy bitcoin again. Price is at $ 8,000 and wait for the price to come up again. But, dude, I will not sell my house you know, that's my first investment in my life and a gift for my family. I cannot gamble it. I have other ways to earn money and invest it to bitcoin. The best time for bitcoin shopping is where the bitcoin price rises. in comparison with its usual price.
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what people need to do is stop looking at the peak price as if thats 'value' and then cry every time it drops.
instead take the LOWEST price of the last 6-12 months and set that as 'value' and then if the price doesnt go below that line, they know bitcoin has good resistance and good value
if the price goes well higher then the LOW then this is the speculative bubble. and when it comes down but is still above the LOW thats just a correction.. (bubble burst)
but if the price goes below the LOW then that is where its a undervalued dump(where true panic usually sets in)
in short dont base your emotions on the highs at any point.. look for the lows and set targets and 'value' based on the lows
The bitcoin theft from wallet holders managed by Mt Gox. As a result, Mt Gox discontinues trading, company and onsite services and filed for bankruptcy. As a result of this incident, the losses suffered amounted to 850,000 bitcoin or equivalent to US $ 450 million at that time.
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New money is not a one-time thing. New money is not just a paper. Old money closes soon, new money is already opened. Old money is stuck in the past, new money gets better and bigger every day. Old money is a number of people, new money is all people. Move over old money there is a new money. The Bitcoin is new world money.
The new vision of bitcoin is to change the lives of billions of people by providing digital currency for anyone, anywhere.
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Hello pals, Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people? I really appreciate if you guys give me some answers
Temporarily secure because the owner created a special code called "private key". This line of code is stored in a "wallet" or a digital wallet. When it will be used, then the owner accesses the code and uses it for the transaction.
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks? Look at the benefits of bitcoin. * Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc. * As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used. * No fees. Unlike cash, hasn't 2%-3% of inflation every single year. * Accepted for Food Shopping & Micro payments via electronic card. * 0 confermations time, with introduction of "instant pay" function. * 0 exchange risks in use of proper securities and competent insurance. * any entrepreneurs is able to understanding of the value of payment. * No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month. * Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven. * Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services. because bitcoin is getting as popular as it does in the South Korean market because of the speed of bitcoin cash when compared to bitcoin that takes up to 10 minutes to process transactions so that sometimes it creates quite long queues.
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So my question is. Are you investing into Bitcoin purely as a investment? Or are you investing because you believe in Bitcoin and the technology? Back when Bitcoin started i feel people invested, because there believed in it, and wanted to see it change the world. Now days i feel people only look at it as a way to make money, and don't really care about the future of it. Whats peoples thoughts?
Because In addition to new innovations, increased bitcoin prices are also making more and more people who want to invest in this digital currency. But, of course there are some things to watch out for before investing.
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The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? The advantages of having bitcoin entice entrepreneurs to use virtual currency. "Instead of bringing money to money changer better using virtual currency,"
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I highly doubt there would be a bank for bitcoins because the whole point of btc is for it to be anonymous and that bank will totally destroy that ideal.
Now more than 400 European Banks Allow Direct Purchase of Bitcoin European banks have now joined the main retail list to receive Bitcoin directly. Currently, Bitcoin becomes easier in its transactions if you have a bank account in most European countries. All you need is to be a member of one of hundreds of banks, and you can buy not just Bitcoin, but many other cryptographic currencies too quickly, and easily. It includes over 400 banks in ten countries (Germany, Austria, Switzerland, England, Netherlands, Belgium, France, Italy, Spain, Poland). This will allow 99% of all banks in Germany to accept Bitcoin purchases through 247Exchange. Slovenian and Hungarian Banks have not issued an addendum as this Agreement.
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US technology giant Google has begun testing on the BitCoin technology Blockchain. Google will especially integrate Blockchain, which stands out for its security, into its own services. Google is an old name with respect to Blockchain. The US company, like BitCoin, has begun to work harder to incorporate blockchain technology into its crawling business. According to recent reports, these studies gave fruit. Google took the first big step to integrate BlockChain into their systems. GOOGLE SERVICES GO TO BITCOIN TECHNOLOGY Google's blockchain efforts will initially be used in cloud storage, one of the company's most important services. With this integration, user data on Google will be stored more securely. Google's most used services will adapt to new technology over time. But Technology giant Google actually has other plans. GOOGLE BLOCKCHAIN INFRASTRUCTURE SELL Accordingly, Google wants to market its own Blockchain technology to other companies. By selling the Blockchain infrastructure to other companies, the company will gain a good income and will be one step ahead of its competitors in the newly discovered cryptographic technologies.
BlockChain is an integrated transaction logging technology with modern technology, which has a unique, immutable code that revolutionizes the workings of the Internet, banking and other things.
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
because Bitcoin is fast If you pay a check from another bank to your bank, the bank will often hold the money for a few days, because it can not be trusted that the fund is really available. Similarly, international wire transfers can take a relatively long time. Bitcoin transactions, however, are generally much faster.
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Probably not as there will be no more supply. It should increase If the demand remains the same/increase. I wouldn't think much about it though, we would be all dead by then.
Increase Bitcoin Prices If you are currently observing Bitcoin prices, then you will be amazed by the rapid rise and fall of Bitcoin prices (fluctuations).
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The billionaire venture capitalist is doubling down on BTC, likening the digital coin to gold’s online equal.
Thiel touts the No. 1 cryptocurrency for its size and its ability to compete with gold as a safe haven, saying at the Economic Club of New York:
“I would be long bitcoin, and neutral to skeptical of just about everything else at this point with a few possible exceptions. There will be one online equivalent to gold, and the one you’d bet on would be the biggest,” said Thiel.
But with the exception of a few digital coins, Thiel remains neutral on the rest of the cryptocurrency pack. He didn’t dismiss the possibility that bitcoin could be surpassed by Ethereum or other altcoins that prey on the leading cryptocurrency’s weaknesses, but bitcoin’s strength is in its size.
Bitcoin controls more than 40% of cryptocurrency market cap compared to almost one-fifth for Ethereum, as per Coin Market Cap data cited in CNBC.
Yes, bitcoin is a digital gold that is more popular and famous in this generation. Bitcoin is our gold because of its higher price that is more than a gold. Bitcoin is really great and useful for everyone. Bitcoin is for our future so must keep treasuring it. We must keep it and keep trusting it with all our hearts. Can be said yes because Bitcoin has all the same characteristics as gold. The amount of Bitcoin is limited (there is only a certain amount to be produced), Bitcoin can be broken down into smaller units without losing the value of the unit (1 Bitcoin = 100,000,000 Satoshi - the smallest unit of Bitcoin, the same as cents in Dollars or Pennies in Pounds, we can buy less than one Bitcoin), Bitcoin technology is also stable and will not degrade, nor can it be made fake Bitcoin. Besides, unlike gold, you can move Bitcoin anywhere in the world in minutes, regardless of the amount of Bitcoin. That's why people call Bitcoin a digital gold, but better digital gold.
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why some country banned bitcoin? is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
The main reason some countries ban bitcoin is the fear of some countries will be the volatility and uncertainty of digital currency. In addition, as quoted from bitcoinbans.com, another reason is the fear if the digital currency is used as financing of terrorism. A number of countries such as China are also reasoned, banning other digital currencies because it will issue its own currency.
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is now too late to invest on bitcoin ?
Certainly it is...to invest now...but not too late to invest soon It's never too late to start Take a chance please buy bitcoin now as much as you can and then resell it a year or two again let's say you're on deposit, make bitcoin as your future investment asset.
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Good day as I am new to the crypto world What is really the way to make $ in in crypto ? such as Bitcoin or other coins?
I understand as i have some invested. in my wallets the values go up and down, so you can cash out or sell when value up?
do you just buy and sell currency as the markets move up and down? or what other ways to make $ with crypto? do you transfer bitcoin over to other websites etc?
or what should i be focusing on? thanks
just like to know what all the experts do?
Do you mean how to make money from crypto? many ways to make money from Crypto include: - doing altcoin trading - follow ICO campaign - mining some crypto coins The first thing to do is to exchange your rupiah with bitcoin, you can exchange it through bitcoin.co.id site which is a safe and reliable site. Then you will have BTC capital that will be used for investment. If you already have a BTC, then you can directly do a crypto currency tranding in altcoin. Namely with you trading altcoin or barter altcoin with other users. Each time you do a tranding in altcoin then you will get a profit so your bitcoin will increase.
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