i came here in bitcoin forum to find some way to get rich with bitcoins...still a newbie..need a lot of experience
Are you kidding me?It's difficult to get rich with bitcoin for free, You can fund to get rich with bitcoin play gambling and trading you will get a lot of bitcoin if you luck. |
|
|
|
I think that we already have so much extra energy that people don't use, it is better to use it for something good like mining Bitcoin. Banks probably use the same amount of energy as a Bitcoin farm. And there are far less Bitcoin farms compared to banks.
So much extra energy?What do you mean? Average people using non-renewable energy because they rely on their country and if the country using a non-renewable energy. it's will waste the energy. |
|
|
|
I will like to know how I can make my confirmations on blockchain faster. Yesterday , I waited for close to 5hrs to get one confirmation.
That's really annoying . is there a way to the confirmation in a few mins? Say 10mins or less.
You can try to make an appropriate fee because yesterday a lot of people it does not give an appropriate fee and this can make their transaction it's not confirmed or got a delay. |
|
|
|
(I think this should go in mining) There has been a lot of talk on this. Quite a few good papers https://karlodwyer.github.io/publications/pdf/bitcoin_KJOD_2014.pdfFrom this paper: "Bitcoin mining is comparable to Ireland’s electricity consumption".
As bitcoin grows the amount of energy on the planet is not increasing. Anyone who understands the article, it seems very legitimate to me, discuss, Yes, I realize the miner wants to reduce cost & cut waste. Therefore they may seek alternative forms or desire to do so. Yes, I read about the Hydrofarmer on this very forum. It is just not the norm with all the major miners around the planet. Proof of work is expensive. https://en.bitcoin.it/wiki/Proof_of_work**Title was sarcastic. But it is still something to think about? "As bitcoin grows the amount of energy on the planet is not increasing" Bitcoin mining it was consuming a lot of energy, and more people conduct mining activities it's it is not directly proportional to the increase in energy on the planet,even it's only waste a lot of the energy just for the benefit of one-sided. |
|
|
|
What are the biggest threats to bitcoin right now or in the near future,
I mean things that can really be harmful to the network.
List anything you can think of, just lately after the resent stress test there has been sone interesting discussions going on.
The biggest threats to bitcoin are the government who want to ban bitcoin, some legal institutions, and media, media the most important threats than another because media effect is worldwide. |
|
|
|
If there is no any statement regarding bitcoin in government finance law than buying or selling bitcoin will be considered as illegal or against law?
I think this shouldn't because bitcoin is just a computer program or digital value without any physical fiat supporting it, and if not defined by government everybody should be free to buy and sell this type of computer products.
What you guys think about this?
The government thinks bitcoin it's not an only computer program or digital currency but in many criminal cases bitcoin is always involved and the government will think bitcoin is a part of the criminal cases. |
|
|
|
What do you guys think it would happen if all the governments in the world declared bitcoin to be illegal?
How do you think the community would react? What could be the possible solutions?
If all the government in the world declared bitcoin including illegal currency or another. The community will ban bitcoin too only some people with a more knowledge about bitcoin can separate this. and think again to ban bitcoin from his life. |
|
|
|
where are you loosing your bitcoin. are you doing gambling. if yes then its your own choice. but i think there is no a sing person who is really loosing bitcoin in trading.
You can see and read again about OP, I think you need to be more careful. She not losing their bitcoin in gambling or trading and etc, please not make a shit post. If doesn't want to be called a spammer. |
|
|
|
I wasn't around for the previous halving.
What happened to the price of bitcoin at the halving and can that be used to gauge this upcoming halving?
No one can predict or make assume about markings halving price. it has many factors can make bitcoin halving it's difficult to explain about markings halving price. |
|
|
|
yes please give your ideas and make comments but please be realistic
i hope 1 week before halving .
Maybe, Next year bitcoin will surpass $1000, a few hours ago bitcoin price is rising and we know no need take a long time for bitcoin to get a price rising. but it needs a more time for bitcoin to surpass $1000. I don't think so, $1000 will be touched very soon, majority of users believes that this will be the price at the time of halving, so now we don't need to wait long to see this price. Yes the 1000 dollar will be touched very soon for sure, I really have no doubts about that to be honest its just a matter of time. The bitcoin has a very good future a head with the halving so it will happen soon. Yes, I'm not worried to invest my real money to be bitcoin. and it makes me can earn some profit from bitcoin at increases price. I certain with bitcoin future. |
|
|
|
It's not the time to sell your bitcoins . However , it's definitely the time to withdraw your funds from some services. and when I say "services" , I mean those who promise you to give you interest daily for the next x months or they claim they are doing mining for you or something like that. Why now ?No one can deny the fact that bitcoin price is increasing too much lately ... which makes those services lose some of their money and think in a way to stop their losses : 1. We got hacked scenario 2. Simply disappear and never come back. Some examples :- Coince.com : With over than 785,633 users , they give you 3% Daily Profit and I have to say that it looks the most legit one because of the video testimonials by users and also the beautiful web design but we all know that ... If it looks too good to be true then it's probably a scam. (Long term scam) - They are so famous in MoneyMakingGroup forums.
- HashOcean : with 615,662 users receive their profit every day. I never used them myself but I can that some users are making a good profit from it. I'm not sure if they ever proved that they have actual mining equipment's or not but if I learned something during my journey in the forums .. is that we shouldn't trust a cloud mining company.
- Exchanges in general : No one wants to see the Mtgox scenario happening again so I assume it's a good reason to withdraw .
I'm making this topic so people don't get greedy and start investing in those scam websites. I just don't want you to lose your coins and cry later. Use your brain and stay away from scam , as for exchanges ... trade and then simply withdraw instead of keeping larges amounts in your account. Stay away from some bitcoin sites service for now. Because some bitcoin service sites turn into a scam site. Better keeping your fund from bitcoin service site like Ponzi. |
|
|
|
I love bitcoin but i would love to get my salary in fiat..because its volatile it may increase or decrease..i dont want to take risk with my hardly earned money
Yeah, A lot of people will have this same thing with you. Because some people feel it's more complicated to get their paid in BTC form and need to exchange it before using their salary. |
|
|
|
What's stopping people from using bitcoin are all the scam artists who are attracted to the technology. People are afraid to associate themselves with a product that has a bad reputation and they are afraid of having their money stolen by thieves that they can't catch...That's what's stopping people from using bitcoin....scams!
I don't think bitcoin has a bad reputation what is giving it a bad record is that Ponzi and scamming sites and you are right. I hope these kind of investments must be stopped and eliminated in the market of bitcoin. But of course, they are also one of the things that make the economy of bitcoin alive for them the people to be able to invest. Ponzi and scammer make bitcoin have a bad record but I not sure with your statement if Scam site and HYIP make the economy of bitcoin is alive because people is being able to invest . Without HYIP and scam site bitcoin will stay alive because HYIP and Scam site only make funds of their victims it gets by HIYP or scam owner. and it's not will make a big effect for bitcoin's live |
|
|
|
Just last the last time , It seems like the price increase happens only when I'm sleeping  . I slept and woke up and I found that the price increased like hell once again ... I seriously want to know what's going on , do you actually believe that this is caused by the halving block reward and the increase in demand ? Well, maybe some people give the statement if cause bitcoin price increase is manipulation. You can see on the previous topic of bitcoin discussion. but I don't know about the truth of this information. |
|
|
|
At a moment I am just holding my coins for halving as I dont want to take any risk right now by investing anywhere as even only holding can give me higher profits.
That's right holding bitcoin now is good but you should learn how to earn until the halving is not come, you should collect more satoshi now to double your profit do not just wait just work for it too. I agree, Holding your bitcoin is best for this time, but you can try to gather more bitcoin when bitcoin price increases too. it's will get more advantages for you. |
|
|
|
3 out of every 4 persons who answered the survey have the same thing in mind. That is to hold and wait for further price increase. I was not able to buy yesterday when the price briefly touched below $670. Now it is up again at $723. How quick the price changes.
Basically, for many people want to spend their money if bitcoin price is halving it's only to wait for bitcoin price is rising and there will get a more profit and at same time refund their funds too. |
|
|
|
what problem do you have in bitcoin.
This past few days, The problem i encountered with Bitcoin is the unconfirmed transaction is taking too long to get 1 confirmation, yesterday i sent 0.1 bitcoin in my gambling wallet and it took 6 hours before i get the 1 confirmation. i never had that problem, the longest confirmation that i ever had it took about 15 minutes, i dont get it why majority of the comunity here complain about the confirmation time, it must be the fee, as we know that if higher the transaction fees we provide then faster the confirmation we get, this case must be fix before bitcoin adopted widely Delay in confirmation time is no big deal and if it is the biggest problem for you then I think you should stop using bitcoin as I have never faced that problem ever. Yes delay of the transaction is given and the time is not a problem you should consider this is online transaction there are securities need to confirm your transaction Yeah, it's not a problem if only take few minutes of my time. yesterday some people have an issue with their transaction need few hours only to wait for 1 block confirmation. I think it's not normally. |
|
|
|
I only use my bitcoin at online store and to buy digital goods. Most of local store in my city don't accept bitcoin as payment method, not only bitcoin but also paypal. They still think that online currency isn't secure enough to be accepted from buyer. So I only use my bitcoin to buy games and pay my phone credit.
Same thing with me Only prefers using bitcoin to buy digital goods, A lot of local stores it's not accepted PayPal payment too... only international store can accept PayPal payments. |
|
|
|
I would invest it in some business to get more dividends out of it.
I suggest that you save them for the future because we will never know what the price is going to be. It is a gamble that you can take but it can pay off in the end. The BTC consumer has to be a believer, because is, yes, buy and keep BTC is just gambling for the future... i dont know maybe is time to keep some of them and sale the other, or wait for a bigger price... lets wait for it my friends Dude are you saving that amount in the future for the sake of your gambling satisfaction? If that's your plan well that not a good plan. It is just like, you are saying, you will save money today and just play and lose it in the future. Wow, I don't think so... It's too bad to only save your bitcoin and wait until bitcoin has a high price.... and just only to lose it in the future.....' you can do better with your bitcoin. |
|
|
|
what a very complex question, of course its because of price fluctuation...  Do not consider price fluctuation as a threat but treat it as an opportunity to earn quick profits and everything will be fine people are not using it because they don't know how to use it. That's Right, This question is have some answer. Because many factors can make someone is stop using bitcoin. Price fluctuation only one of Many factors can make people want to stop using bitcoin. |
|
|
|
|
Show Posts
