94% of those who own crypto currencies check them daily. I'm interested to see who often most prople here check.
Actually checking the crypto prices too often is not good if you are an investor because it is the main reason for the panic selling,so people need to stop checking the crypto prices daily unless you are an trader.But many people are checking it daily and it is will make us insecure about our investment when the prices are falling.So if you want profits from your investment just keep them in cold storage for a while and let it to grow for sometime. I am also be like that before checking the crypto prices for every hour but now I changed my habit,now I will check the price of only bitcoin once two days. |
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It may happen if we stop using bitcoin because the price of bitcoin is based on its demand and supply if people stop using bitcoin then the demand will get low and the value also will get low.So it is possible to happen that bitcoin value will get zero.
But the chances of happening is merely very low because many countries are started to accept bitcoin as a currency and many new investors are coming to the crypto market everyday so the price will get more and more in the future.
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It will happen when we use crypto currency as currency not as an investment.  But there is no relation between the bitcoin price and the USD,the price of bitcoin really based on the satoshi value,so the people need to change their mind to see bitcoin in terms of satoshi value. And for that it needs much time because we are still at the early stages of crypto currency so we need more time to adapt to the crypto currency system fully.Until that people will see bitcoin only in terms of USDs or in their local currencies. |
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As a New Jr. Member, i want to know more about bounties aside from these list of campaigns:
Facebook
Twitter
Telegram
Signature
I think all of the jr. members like me know these campaigns, So that we want to know techniques or other campaigns to do and earn more.
Any simple comment from the elders will be appreciated, and can help other jr. members like me to grow more.
Thank you.
The other campaigns are media campaign and tranlation service,these are the other campaigns which usually all bounty follows,but you need to have more subscribers on your youtube channel if you want to participate in the media campaign like more than 1000 subscribers at least to have a good reach about the page.The translation sevice are also a good chance to earn from bounty irrespective of what rank you are but you need to be very good at the language and also need to have prior knowledge about crypto currency to create the correct translation. |
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Hi guys!
I’ll tell you what I think.
I'm feeling anxious about MEW security.
If we change some characters of Mew prative key, we will get to anather wallet.
Exampe:
Prative key wallet 1: a1e57f1422ae77c1c51f1626d6cbd6ad376f184976a0e83b430ed7e8c66e998d
Prative key wallet 2: a1e57f1422de77c1c51f1623d6cbd6ad376f184976a0e83b430ed7e8c66e998d
After i change characters on wallet 1 a = d & 6 = 3, i get wallet 2.
Question is, can MEW be hacked easily? This can be dangerous for investors.
And why MyEtherWallet not connect to 2FA? This is a good measure to protect our wallet.
Guys, What do you think about this?
I don't say it is impossible to hack the Myetherwallet but it takes more than hundred years to find the correct combination of the private key it is 64 characters even with the most powerful computer present at the world now.But the hackers using phishing links to copy the private keys from our system,that's why it is important to keep our system offline and it is better to use a separate computer system for the crypto currency storage then it will restrict the hackers. And 2FA is really not needed when the private key is available since it is the best security source ever so we need to keep our private key safely to keep our funds safe. |
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I have seen a lot of rumors out there they are saying next bitcoin is a Litecoin it possible?
In terms of what? on the value or the usage? But normally litecoin is considered as the silver version of bitcoin and it has great potential as bitcoin so in future the price may get expensive so it maybe means litecoins is the next to bitcoin.But we have a main rival in terms of price the ethereum is the really best next coins after bitcoin and it has more functionality than litecoin.So I will say ethereum is the coin next to bitcoin. |
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We are not lost anything until we sell it.  So grab your coins tightly and if you don't want to lose your investment amount.Actually it needs some time to make profits from any kinds of investment so need patience and just hold your coins.But the many people will sell their coins when the price started to fall which is called panic selling.So we need to take risks then will will pay off in the future. |
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Well I have been thinking of this possibility of expansion of Bitcoins use to such an extent that one may simply travel with hands in one's pockets! That should be level at which the ascendance of cryptocurrency should be and towards which we as a community should work.
The very fact of travelling will include more than one fields of business into its fold. Flights, eateries, pharmacies, hotels, rooms, restaurants, shopping stores, movie theatres, book stores, gyms and fitness centres, taxis and buses. This is not just a dream but a goal that we should try to reach.
I am not necessarily promoting a cashless & cardless society but cash & cards can simply be an alternative. All you may need with you is your cell phone and ID card to move all around the world. Into such a morning of sun shine, I am looking at. But gradually what turns out is such a cashless and cardless society with eases lives.
The world has become more and more cohesive and smaller. Getting knitted closely together. Like the evolution of species, cryptocurrency has evolved from various different ideas to a superior manifestation. And today though slowly but steadily we are finding the shift towards it. It is in near future that we may find the world being defined by whole new parameters of currency, economy and development to which cryptocurrency and especially bitcoin will be an integral part.
At today,it is not possibility to just travel with bitcoin wallet because in may place bitcoin is not accepted as a mode of payment so you can't fulfill all your requirements just with only bitcoin.But you can book flights with bitcoin and some hotels accepting bitcoin that's all and all others you need your cash for the payment. And we are still in the early stages of crypto currency so it will be possible in the future but needs time for the whole people to adopt to the situation.But I read somewhere he traveled to many countries with three bitcoins in his wallet.But I will say spending bitcoins is not a good idea just hold it until it reaches the real value of it then you will know the real potential of bitcoin. |
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They can link the Aadhar card only to their domestic exchange wallet but I don't think most of the Indians using domestic exchange for trading the bitcoin,they are using localbitcoins mostly because there is always heavy demand for bitcoin on localbitcoin.com in India.
But where they are taking the privacy out of the crypto currency,no one can identify how much bitcoins we are having in our wallet they only can identify if we convert it into fiat.Maybe they are doing this to implement the taxation on crypto currencies.
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The hold is the best lesson we can learn from the crashes because many investors get panic and will sell their funds for losses,but this is the right time to buy the coins to make money out of it.But what we need about to learn is about the crypto and the investments too keep away too much risks.First the investment in the crypto currency need to be an affordable amount for us then we can have patience while the prices are crashing and dumping.But the time needed to recover from this crash maybe more just HOLD and HOLD if you want your investment to worth it.
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Payments were received for the week 5. I am confirming that payments were received,but I received partial payment for this week.But it looks like I completed minimum quota of 30 posts per week,so I hope you may reconsider my post counts for the last round. Did you check this mate? |
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The continuing decline where Bitcoin goes to deeper and deeper levels is very clear. If the pattern continues, the next bottom will be on February 20 where it will drop below 4000. Continuing, then the next bounce will only reach up to around 7000, followed by an even deeper drop.....  Quite interesting analysis,if the bitcoin follows this chart then it will drop to $4000 as you said,but bitcoin never follows anything even experts can't predict what will be the price of bitcoin on tomorrow or the next hour.So anything can be possible with bitcoin so be ready for it. But I don't think it will go to $4000 because now people started to hold their bitcoins as we can see this from the number of unconfirmed bitcoin transaction on blockchain,so price is normally stabilizing now.The stock market recovering from the price crashes so the crypto market also can recover soon. |
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Bitcoin price now i think maintained at the price range of 8k to 9k USD.
It is having a chance that bitcoin will raising up again?
What is the main reason on this?
There are many prediction on this but i wont believed on what they say.
Share your thoughts and ideas. Thanks!
We can't say it is stabilized when it is just maintaining its price for less than a week at $8k-$9K,and still there is a huge price difference of $1000.Still no one can answer this type of question like will bitcoin rise now?Because no one really knows when it will.So it is better to hold for the long term and expect fot the price will bump at the back end of this year. The main reason for the price fall is due to the regulations from many governments so the people are afraid that this situation will happen in their country too so they are selling their coins due to panic. |
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Different people have different opinion but I think bitcoin is new part of strong currency. We need some help from government or national security for monitoring and providing strong security for those people who are working into this sector. Even more people are affected by various criminal attack that reduce and demotivated to work in online earning.
Now times are changing by the help of different online currency trough which people can earning money and invest these money in different sector for the purpose of getting profit.
In future proper security and more effectiveness of virtual currency can contribute economical development.
I am also not understand what are you trying to say? Bitcoin is a decentralized technology so it doesn't need approval from government or the organization,if you want you can use it.And government can nothing to do with the security of bitcoin because it is highly secured and not hackable only the users have to keep their coins safely from the thieves who are looking to stole our bitcoins. But if the government accepts bitcoins then they have also benefited from it and their country citizens can increase their standard of living. |
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They are clearly the market leaders in terms of online btc wallet. What are the alternatives?
I think the blockchain is one of the best online wallet,but there are lots of online wallets are available but none of its are highly secure to store our funds.But coinbase could be a good altenative for blockchain.info wallet,but recently I found that blockchain wallet has less fee than the coinbase. But none of the supporting segwit addresses yet,so the fee is more than we compare to the other software wallets. But electrum is also available in android platform,one of the best wallet for bitcoin,so you can try it also. |
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Myetherwallet doesn't have any android application,it is only available on desktop,so user must aware of using any third party apps from playstore.Before installing any app into phone please check its source and the developers and also check the official website of that wallet to know its their application. Myetherwallet also has a fake website on website so be aware that before clicking into any links,it may copy your private keys. |
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The volatility of bitcoin is due to its less availability of only 21 million when compared to the fiat money of US dollar,its availability is four trillion.So the difference is very big between the crypto and fiat,so there is a little change in the demand and supply will change the price which resulted in the often price change.
But the price volatility is the main reason that people don't use it as a currency and merchants afraid to accept as a payment because the merchants will lose their profits when the price falls.So we need to support altcoins too to get the stability in price of bitcoin.
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Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
It depends on currency. For BTC it takes up to several days or even weeks, for ETH - up to several hours, for DGB it could be 1 min. So you need to check every coin separately for transaction time Who said it takes weeks for BTC tranactions,already the situation got normal only there are 10K unconfirmed transactions are in blockchain so the fee is very very less,less than a dollar and it will get confirmed in less than 30 minutes,if you have priority fee then the transaction will get confirmed in minutes.We need to use segwit address for more faster transactions than in legacy address. It depends on the currency and their traffic in their network,if they have high traffic the fee will be high and the time also more.But these situations will be resolved when lightning network was implemented. |
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For me, I am using coins.ph as my online wallet. For me, it is safer. Why? Because even it is an application installed in your mobile phone, it is still have a pass code before it can be viewed by the owner, and additionally it is very convenient to use.
Do you think having a passcode before entering into the wallet is safe for you funds?  No online wallets are safe to use because they don't have private access so the companies are controlling our fund like what banks are doing to our fiat savings.So they can do what they want and the main thread of online wallet is getting hacked now a days.SO we need to store our bitcoins in wallet which provides private key access.Electrum is one of the best wallet for bitcoin. |
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No,it is not failed.Because we are still talking about bitcoin after the ten years since it was launched.But we didn't use bitcoin in our daily usages because we still not yet ready for it.People using fiat currency system for centuries but digital currency has been in practice for less than a decade so it needs time to achieve the satoshi's vision.
Why?
Because we are the reasons still it is not yet achieved,we use bitcoin as an asset rather than currency so it is not circulating as much but in future everything will change.
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