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1  Bitcoin / Bitcoin Discussion / Re: What are the opportunities we have in blockchain? on: November 24, 2018, 10:01:44 AM
 Block chain was introduced as the back bone of Bitcoin when Bitcoin was created. All the banking sectors didn't welcome block chain  technology at the beginning  but now almost banks are accepting the Block chain technology .The block chain technology has become friendly in the global banking system now. and have started adopting block chain  .With block chain technology there will be no manipulation done and it will be  safe and secure .
2  Bitcoin / Bitcoin Discussion / Re: Bitcoin Banks Are Coming. Should That Make You Nervous? on: November 20, 2018, 07:49:20 AM
  Bitcoin was created by the intention to avoid unwanted burden given to the laymen, as excess cost for transactions and also to support the ordinary class people without much stress and give a speedy transaction without a third party interference's all over the world and give support those who have no access with bank but banks means it is a centralized one and so the transaction will be too costly for the poor and needy .
3  Bitcoin / Bitcoin Discussion / Re: What will keep people from getting into cryptocurrency? on: September 01, 2018, 06:52:26 PM
The volatility is high in crypto currencies which makes difficult for many to enter the crypto currency market as no one will be able to predict the crypto currency market situation and the thought of losing money when they invest in the crypto currencies and the crypto currency market plunges in the early stages of bitcoins the price was affordable for people to buy bitcoins but the price of bitcoins is coming around $ 7000 USD which is a pretty good amount and if some one invest in it he should be looking for long term investment as there is chances for the price of bitcoins to go up but cannot predict how long it will take to start the huge rally in the crypto currency market.
4  Bitcoin / Bitcoin Discussion / Re: HOW TO STOP HACKERS TO HACK YOUR CRYPTO WALLET on: September 01, 2018, 05:50:40 PM
To stop hackers from hacking one need to choose the best wallet to store crypto currencies securely such as hard ware wallets as online wallets as easy for hackers to hack and one might lose their crypto currencies if stored in online wallets, other thing to keep in mind to secure the crypto currencies from hacking is by choosing the right online exchanges as there are many online exchanges where many have lost their crypto currencies while trading so it is not secure to store the crypto currencies in exchanges and exchanges can only be used for trading either for selling or for buying crypto currencies.
5  Economy / Economics / Re: Choosing the one | What I think! - Real Job or Full Time Crypto! on: September 01, 2018, 08:54:20 AM
         Since real job we can get a definite monthly salary even though we prefer full time crypto it will be a risky one because we do not  know how long we have to wait for and not sure how long it will exist . In the crypto world you should not have always the time to earn .Campaigns may always arrive but should not rely on them too much . Use Crypto as a side line or just allowance never use them as source of income .
6  Other / Beginners & Help / Re: Help me understand the cryptocurrency market on: September 01, 2018, 08:23:11 AM
    Cryptocurrency are digital assets that use cryptography for security . Cryptocurrency are used to purchase goods and services and they are not issued by a central authority and are not considered as legal tender . Buying goods and services takes place online and there is no need of identity to reveal  . One of the biggest benefit of cryptocurrency is there is no intermediaries in the transactions . Japan has legalized Bitcoin and also created a regulatory framework.to help the industry flourish .
7  Bitcoin / Bitcoin Discussion / Re: Can ETF Decision make a negative impact? on: August 31, 2018, 12:01:11 PM
          What ever happens Bitcoin will stay as usual as a global currency that means with or without ETF, Bitcoin will remain even ETF is approved or not . Bitcoin will continue its growth by merchants and customers and the value of Bitcoin will rise . In short ETF is a short time hype there are two types of ETF , the synthetical and physical ETF  . the synthetical ETF holds any physical asset and plays on the price fluctuation and physical actually holds physical assets .
8  Bitcoin / Bitcoin Discussion / Re: Why Banks on blockchain? on: August 31, 2018, 06:44:47 AM
 The opportunity to start banks with low cost is attracting many new fintech people and banks are trying to reduce transaction cost and papers so banks are attracted towards  blockchain . The wide circulation of blockchain and the popularity of cryptocurrencies and the boom of ICO's has contributed ,could not deny their potential of blockchain technology . Blockchain can solve lots of problems and it has a transpiracy and no manipulation can be done and blockchain technology provides high security .
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin in Indonesia is not legal on: August 31, 2018, 12:49:45 AM
  I don't believe that in Indonesia Bitcoin is banned because the Indonesian's are very well interested in advanced technologies . I have not heard about official rules that Bitcoin is illegal in Indonesia but it is not legalized as a means of payment it is used as an investment as gold so this will not have any impact in Bitcoin in Indonesia . Normally  Indonesia is having a poorly developed economy and it will take time for them to be developed in modern technologies.
10  Bitcoin / Bitcoin Discussion / Re: Trust Factors in Bitcoin on: August 28, 2018, 08:00:00 AM
            The trust factors in Bitcoin is the blockchain technology this is the major reason why investors trust in Bitcoin . Bitcoin is decentralized and is not governed by any central authority and it is transparent in all transactions we have made .Mostly people trust in Bitcoin because it is secured and hard to hack . Bitcoin can bring several changes in the economy in a positive way and it is the strongest currency and hope Bitcoin price will increase its price more than we expect .
11  Bitcoin / Bitcoin Discussion / Re: My sweet and bitter experience about bitcoin on: August 25, 2018, 09:11:09 AM
  In every business there are many ups and downs, only going through these experience we can pick up if we have any bitter experiences we have to cover it  with  more courageously . Since I have joined in this Bitcoin community I have seen the graph, according to the graph those who have joined now they have to wait to gain profit as previous year not to be desperate .Since till now I haven't experienced any sweet and bitter experiences I have heard from others that now they are in a stagnant position and waiting to see what will happen next .
12  Bitcoin / Bitcoin Discussion / Re: Bitcoin as World Currency... (new pictures) on: August 25, 2018, 01:06:53 AM
    Bitcoin is a digital currency and it has helped many of whom were unemployed to revive from poverty to a healthful life however a big thanks to whoever created this cryptoworld . Anyhow we came to understand that Bitcoin has helped many countries during inflation's and many countries in the global have embraced Bitcoin with both their hands for instance the technically developed countries . Bitcoin will never make a bad disaster like fiat currency and it helps us after a natural disaster that fiat currency can't make .
13  Bitcoin / Bitcoin Discussion / Re: Five Reasons to Impact Bitcoin Prices on: August 24, 2018, 01:00:39 PM
  Bitcoin price depend on the demand and supply Bitcoin is the first decentralized cryptocurrency created in 2009 it uses the blockchain technology .Bitcoin is the most popular cryptocurrency that allows for digital transfer without a third party .Every transaction is digitally recorded in blocks which acts as ledger every transaction is digitally recorded to keep security . Due to extreme highs and lows Bitcoin presents a possibility for speculation .Earlier monetary transaction was enabled through central banks now with the invention of Bitcoin the scene has changed .
14  Bitcoin / Bitcoin Discussion / Re: Bitcoin grows everyday through Shared knowledge on: August 24, 2018, 11:48:37 AM
  Yes, I do agree that Bitcoin grows everyday through shared knowledge only for the beginners they are not aware how to work with Bitcoin community they will be encouraged by getting proper guldens from those who have started in the early time . Actually Bitcoin became popular only through shared knowledge itself the more the people become aware the more will invest in Bitcoin and will enjoy the cryptoworld . Even though there is different way to get aware through internet  it will be more fair by acquiring knowledge from those who had experienced .
15  Bitcoin / Bitcoin Discussion / Re: Reasons behind Bitcoin/Cryptomarket fall??? on: August 24, 2018, 09:41:46 AM
  Every cryptocurrency let it be  Bitcoin or ethereum had suffered great losses over the past several weeks . We cannot actually guess what is the real reason behind Bitcoin or cryptomarket falls there are several factors that affect the price of Bitcoin .The volatility of Bitcoin is expected the journey to become a mature asset class  we can expect the volatility to continue throughout but we can believe that Bitcoin is still in a bull market ..The market manipulation and panic in selling may be the main cause for the fall behind Bitcoin price .
16  Bitcoin / Bitcoin Discussion / Re: Which country trades the most bitcoin on: August 24, 2018, 12:27:43 AM
 To my point of view there are many countries in the global system trading with Bitcoin it is difficult to say which country trades the most Bitcoin .We can find almost all countries are trading with Bitcoin even if it is not legal and there is no measuring tools to measure which country has the more Bitcoin there are many countries that bring fame to Bitcoin like Vietnam, South Africa, Japan ,India ,USA, Russia etc ; I think that Vietnam is the place where most Bitcoin is used since there are ATM machines for Bitcoin .
17  Bitcoin / Bitcoin Discussion / Re: what will happen if miners stop mining bitcoin? on: August 23, 2018, 11:38:03 AM
  Bitcoin is a digital decentralized electronic currency distributed  world wide without a third party that is the government takes no role in it . How can miners stop mining Bitcoin if it happens then there will not be any investors or buyers in Bitcoin community and that will be failure of Bitcoin .  There will be no transactions through Bitcoin blockchain  Bitcoin will become insecure when miners stop mining .  There are total 21 million of Bitcoin and already 16 million of Bitcoin have been mined .
18  Bitcoin / Bitcoin Discussion / Re: Can actually Bitcoin be good for the environment? on: August 22, 2018, 07:33:35 AM
 Bitcoin is one of the popular cryptocurrency that was created in the year 2009 by an unknown person named  Satoshi Nakamoto .Bitcoin is a decentralized currency that we can use free of any government and central banks and there is no evasion  of taxes some economist claim that mining Bitcoin takes more energy from electricity and causes the pollution for the environment so they say it is not good ..Some critics says that China  uses more power  to mine Bitcoin and China relies on coal to produce power burning of coal produces carbondioxide .
19  Bitcoin / Bitcoin Discussion / Re: What can you do with Bitcoins but can't do with Dollars? on: August 21, 2018, 10:23:50 AM
  Bitcoin is a digital decentralized currency that can be sold ,bought, or traded like commodities . Bitcoin is different from dollars it is used to buy and purchase goods and services and it is a peer to peer technology and there is no third party involvement or any control of government . Bitcoin is created by the network and by mining process Bitcoin can purchase anything from all over the world since it is an online currency  but dollars are physical currency that can't be traded online .
20  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin isn't a legit currency. on: August 20, 2018, 12:05:57 PM
        Though Bitcoin is gaining popularity some investors believe that Bitcoin will become legal currency . Bitcoin is not a currency as fiat currency it cannot be counted or feel like fiat currency but  it is a store of value that means it creates lack of accountability and the potential for tax evasion . Since Bitcoin is of store of value the price fluctuates due to speculation on financial markets but it will never fall to zero the major value of Bitcoin has now is exchange value .
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