How long you will trusted with bitcoin as your investment?
Since bitcoin launch as first virtual money,too many issue negative and positive about bitcoin,many ppl said bitcoin are money for criminal,also money laundry.how far do you trust with bitcoin?
I`m an active bitcoin user for about one year and so far i can say only good things about bitcoin. I trust bitcoin.The people that claim those lies about bitcoin don`t know anything about cryptocurrencies. Btc had some issues in the past,but it`s still strong. |
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Just wondered what age the average buyer of Bitcoin is. Myself I'm 36.
Wow.You are old.  Just kidding. I`m 26 years old.Most of the active bitcoin users are between 25 and 30 years old. I hope that more senior people will start using btc. |
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So that`s why the bitcoin price decreased.  This is sad news for the bitcoin community. Bticoin is still vulnerable.  Perhaps the police will find and catch the hackers. |
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I was thinking that every bitcoiner wants a world without fiat, only bitcoins. Ok, if there was no fiat whatsoever, then where do you think will bitcoin base its value? Will it be in gold? But how much?
How do we determine the real value measure of bitcoin in an economy that has been very dependent on fiat?
How do we determine the real value of fiat money?Do you think that fiat money have real value? They have value because people use them. Bitcoin has value because people trust and use bitcoins,not because it costs X amount of dollars. |
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Hey guys, what's the easiest way to buy bitcoins?
Coinbase or circle takes too much to receive the coins. Is there another site that I can easily buy bitcoins, faster?
Purse.io (i`m not promoting it)is a way to buy bitcoins,but you need Amazon account. You buy stuff from Amazon for people and they pay you with bitcoins.It`s like buying bitcoins. With localbitcoins or paxfull sellers you need verifications and their fees are high because of the risk involved. Virwox is another way to buy bitcoins,but the fees are very high for me. |
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I'm thinkinhg of investing some money into btc (I'm planing on buying and holding about 0.5btc), and I wasn't really into the btc price flow lately. What will happen to the price? Do you think it will rise or fall?
Nobody knows how the price will move.I think that it will increase during December. If you really want to invest in btc,go ahead and invest.There is no problem. In the long term, the bitcoin price should only rise ,because of the limited supply and increased demand. |
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Hey guys I am planning to put some info about Bitcoin in my school’s paper. Here is the script. Please provide feedback. Thanks. Bitcoin – A New Era Have you ever wondered about a world where you could bank without banks? A world where your private transactions are public? A world where you could send transactions internationally in a peer-to-peer situation without going through a third party like a bank? It sounds crazy but that is what Satoshi Nakamoto created in the January of 2009. He created Bitcoin. Bitcoins are the first decentralised digital coins that can be sent via the internet. This means that it has “no central control, no central private vault of information, no central management, and most importantly, no central point of failure”. Bitcoin is controlled by the people who use it. Everything in bitcoin is public. This is contrasted with the centralised system of third party verifications such as banks or clearing houses. Bitcoin is shaking the foundations of the society in which most people live in today. It is a new, technology that can change the world. Compared to other alternatives such as fiat, which is the currency that has been approved by a government tender, bitcoin has advantages on many levels. These advantages all rely on Bitcoin’s central philosophy of decentralisation. Bitcoin proposes a form of peer to peer transactions, which means that we are ditching banks for good. In the centralised world, banks have control over transactions. They charge payment for verifying the validity of such transactions. As there are no banks in the case of Bitcoin, it means that business fees are much lower, we can use Bitcoin internationally and that your wallet can never be frozen. Let’s look into how these Bitcoins work. There are many currency exchanges in which people can sell or buy Bitcoin for dollars, euros, pounds and more. Obviously, as each currency has different values, the price of Bitcoin is dependant on the currency used. All your Bitcoin are stored in your wallet on your phones, computers, the internet or other devices. Sending transactions to other accounts is as easy as handing money over the counter and anything in the world can be bought with Bitcoin. These networks of Bitcoin transactions are secured by people called miners who are rewarded with newly created Bitcoin in relation to the number of transactions verified. Now you may think that this is the same as banks, but the fact is that banks charge you for approving transactions, whereas miners are rewarded for transactions. In a sense, Bitcoin depends on transactions. Once these transactions are verified they are placed in a publicly stored Ledger called the Blockchain. Here, all the verified transactions can be viewed. Bitcoins complex technology is revolutionising our current society. It will minimise fees charged by businesses, it is free to create a wallet and start using them and there are no chargebacks. All in all, Bitcoin provides advantages for everyone. To get more information visit bitcointalk.org/index.php?board=1.0 . Banking is necessary, but Banks are not. Waiting for feedback.  The kids should know more about bitcoin and the cryptocurrencies.Very good idea. I`m not sure that they will understand everything but we have to try and explain the technology. Good work,dude. |
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Hello when the price was $750 and when it gone down to $650 then the reason everyone was saying as the bitfinex but now once again the price is going down can I know that what is the reason?
Going from $650 to $600 isn`t an apocalypse. Actually it`s a pretty small price change and people shouldn`t panic. Maybe some big player in the btc market sold his bitcoins. |
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For the first time, when I look at the offers on LocalBitcoins.com, there are a half-dozen currencies ahead of the US dollar, offering a higher price for Bitcoin than US dollar users.
Euros, South African Rands, New Zealand Dollars, Hong Kong Dollars, Polish Zloty, Malaysian Ringgits.
It is no longer just the US, EU or even China driving adoption. There is a market for Bitcoins in major countries all over the world.
Bitcoin is not becoming a global currency.Bitcoin IS a global currency. It`s available worldwide and everyone is free to buy some. Off course,there are some countries that banned btc,but this isn`t a problem. |
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Hi, all. I know that everyone here would have made some terrible decision about BTC. So I was wondering, what is the worst decision that you have ever made. Personally, my worst decision was gambling 1.3 BTC in dice, just yesterday. Sorry about your gambling decision,dude.  I don`t want to risk my bitcoins so i don`t gamble. My worst decision was last year, when i sold all my bitcoins for 400$,instead of holding them. |
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What's the most valuable thing you can buy right now with bitcoin?
Maybe some digital good from the bitcointalk marketplace. I can`t figure out any valuable physical goods to buy with bitcoin. It depends of how many bitcoins do you have. |
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So i was reading an article about someone who got robbed when he tried to buy in person 28000$ of Bitcoin http://www.coindesk.com/florida-bitcoin-sale-knifepoint-robbery/Personally i avoid dealings like this cause it is not easy to trust a random stranger. How about you?do you buy or sell bitcoins in person?If yes have you ever had any bad experiences? I will never buy bitcoins in person and that`s the main reason.I don`t want to be robbed. Buying/Selling bitcoins online is way more safer,desprite all the risks of scam. That guy must have been very naive. |
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I noticed that the price of Bitcoin change much like all altcoins.
But the price of other traditional currencies like the euro, for example, are stable and do not change much.
It is the government that control their prices?
Not government,central banks control the prices with money supply. Bitcoin supply is more limited and the bitcoin price depends only from the demand of btc. That`s why the bitcoin price is more volatile. |
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I don't know if this thread has been created before, but I would like to know your opinion on Cryptocurrency versus Fiat. If you could tell me why too. What are the benefit of each? Cryptocurrencies are still more a financial asset rather than a currency. I can`t compare them because i need them both. There is no point to compare them. |
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The price will increase during the next winter.I`m pretty sure about that. The price decrease is frustrating,but bitcoin isn`t crashing. People here should stop with those panic threads. |
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A 50$ drop and everyone panic. I`m holding my bitcoins,so i don`t care about price drops. Calm down and don`t panic,dude.  |
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Okay, will the next halving really matter? All i see is people talking about it and waiting to happen, "the price will rise", "to the moon". But what will really happen after the halving?
Right now, there are about 15 million Bitcoins "alive". The Bitcoin cap is 21 millions. So it is true, the block reward will get sliced to half, but there will be only 6 million Bitcoins left to mine. And because of this, i dont think the price will rise by that much.
My predictions would be:
1. Everyone waiting for the price increase after halving
2. Price increase doesnt happen
3. PANIC
4. ...
So this is just my opinion. Please post yours in the replys. What do you expect after halving and why?
I don`t see any "PANIC" after the halving.The price is stable. Nothing important happened after the halving.Life just goes on. I`m waiting for the next bubble,not for the next halving. |
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i had about $200 worth of bitcoin.
How can i earn more with that amount?
should I trading? or make an investment?
and please give me some trusted site to investing my wealth.
**i dont want to give a loan, or else.**
if you had some advice, feel free to tell me.
really apreciate it.
thank you.
If you want to be good at trading,you should practice and gain more experience. I can`t give you any trusted site.Most of them are scams. 200$ is a very small amount.You can`t expect huge profits with trading or investing. |
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How safe is it?
What do you mean by "safe"? Safe from stealing,or safe from price decrease? I think it`s safe and it`s a good investment. You should give it a try. |
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https://cointelegraph.com/news/bitcoin-mixer-how-to-secure-your-identityBitcoin was designed as an anonymous and decentralized currency. But transactions are never truly anonymous, as they are recorded and available on the Blockchain — the distributed ledger which keeps a record of every Bitcoin transaction.
When you use Bitcoin to pay for goods and services, you need to provide your name and address to the seller for delivery purposes. This means that a third party can trace your transactions and find ID information. This is the reason why there are such services as Bitcoin mixer, for example, which allows you to exchange your Bitcoins for different ones which cannot be associated with the original owner.
Martin Albert, Bitalo Owner, explains to CoinTelegraph:
“You cannot overcome the general principles of the Bitcoin network, that means in the end you can only make it very complicated to track individual coins, but still you can track every coin back to the block where the coin was mined.” And you? What do you think about mixer? I`m not very familiar with bitcoin mixers and the way they work. What if the bitcoin mixer developer/owner tracks and gathers all the information about the users who use that bitcoin mixer?There is no 100% secure way to stay anonymous. |
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