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1  Bitcoin / Bitcoin Discussion / Re: How bitcoin works ? on: October 17, 2017, 06:13:48 AM
How bitcoin works? From where bitcoin come from?

Search 'Satoshi Nakamoto' in wikipedia for where come from.  There good summary.
2  Economy / Economics / Re: The dream of getting rich with bitcoins on: October 17, 2017, 05:45:33 AM
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?

Most users have the same thinking of being rich with bitcoin, but everyone doesn't get the access to become rich through bitcoin. So its better to have a day job and using bitcoin for second job to become rich.

Maybe possible to get rich before. But too late now for bitcoin. Can maybe get rich with other new coin. But hard know which is right coin for next Bitcoin.
3  Bitcoin / Development & Technical Discussion / Re: Why is Bitcoin the predominant one among forks? on: October 17, 2017, 05:20:30 AM
Bitcoin forks been mostly majority so far. Like Bitcoin Cash only small number people used. If Bitcoin bad fork in future where split is in half, it loses dominance quicker.
4  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: October 17, 2017, 05:09:41 AM
Bitcoin advantage is not it digital instead paper. Most dollars not paper anyways, but electronic.
5  Other / Beginners & Help / Re: The importance of keeping passphrases, seeds, passwords, etc... on: September 28, 2017, 02:40:33 AM
Always keep your passphrases stored somewhere (mobile phone note, file/screenshot on your computer, secured documents app or folder, ...)

Yes! AND REMEMBER, YOUR PASSPHRASE IS NOT SAFE IT'S STORED ON A MOBILE PHONE, IN A FILE ON YORU COMPUTER, IN A SCREENSHOT ON YOUR COMPUTER, IN A SECURED DOCUMENTS APP, ETC...

Computers can be hacked, therefore they are not secure. Mobile phones can be hacked, therefore they are not secure.
Computers can be hacked, therefore they are not secure. Mobile phones can be hacked, therefore they are not secure.
Computers can be hacked, therefore they are not secure. Mobile phones can be hacked, therefore they are not secure.
Computers can be hacked, therefore they are not secure. Mobile phones can be hacked, therefore they are not secure.


It really can't be said enough. You've been warned!

best place to store it is in your head.  can't be hacked (at least, not yet!)  can't be stolen like a notebook.  keep a master password in your head and use it with an app like 1Password.
6  Economy / Speculation / Re: BITCOIN hits £3k on: September 27, 2017, 11:04:10 PM
My advice: Sit tight and wait for cheaper prices Wink Maybe in few weeks we will see another pullback towards 2500 level.

Are you really damn serious about what you are speaking about?
We ought to see the prices above and you are saying that it may dump down back? Don't you think that the OP should ride the current swings of the markets? I see no obstacles for Bitcoins to reach 4500 and that could give them 10% easily over their investment. They may sell and wait for November to kick in and buy back (only) if the price pulls back itself towards downside.
What? Could that be possible? 3,000 pound is not a joke! There is a possibility to kick in in November. How interesting! I guess it's not only in November perhaps until December comes. Due to the higher demands of bitcoin investors,there is a tendency that the price will keep on bloating. On the other hand,this means that others will be having hard time to sell specially when the price bloats. Fortunately,trading your bitcoin would be a good idea in that matter soon. If only bitcoin doesn't go down each time or each day,maybe many newbie investors now are lucky enough to be an instant millionaire. Still,it depends on your hardwork to earn.

Price is up 8% fast in just one day today... maybe not so hard work to just make trading money.  Don't need hold forever, just get one big swing up and cash out.
7  Economy / Speculation / Re: BITCOIN hits £3k on: September 27, 2017, 10:48:23 PM
If your investment will only be in bitcoin then I will advise you to buy now as what will happen on 30th September has already been computed into price action we have witnessed through out last week! Chinese traders volume has drastically dropped and even if the whole cryptocurrency is completely banned in China on September 30th  we may not see any china investors in the market again. China trading  volume has dropped from around 90% to below 60%.

Where you get this informations from?  I don't know of even 60% volume of all Bitcoins is possible in just one country.
8  Bitcoin / Bitcoin Discussion / Re: Should we buy now or sell? on: September 27, 2017, 03:18:55 AM
Best buying is when most scary. That was week ago.  Now is in middle so buy is only if you have money not bought in already. Or if you have all buy in already, okay time to sell some to get back to middle.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: How to convert ICO ethereum to USD on: September 27, 2017, 02:52:04 AM
However, i think most approach (legit ICOs) will be selling off eth as and when they need the funds for the project. dollar-cost-averaging is always the best approach.

Project do not need all money right away. Why not hold etherium for better price and then can do more?
10  Alternate cryptocurrencies / Altcoin Discussion / Re: How to convert ICO ethereum to USD on: September 27, 2017, 02:39:34 AM
Bad idea to sell Ethereum lots after an ICO.  Big sales cause price drops which makes more selling by others.  Only cause more price decline. Better to sell little at time or just hold since price is lower.
11  Alternate cryptocurrencies / Mining (Altcoins) / Re: 1080Ti Specific - Best mining option on: September 27, 2017, 02:28:01 AM
Top 10 coins is not bad strategy. At least they don't change around value so fast as small coins.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: why not everybody sell their bitcoin and buy etherium instead on: September 27, 2017, 02:14:28 AM
I think it good Bitcoin has been around much longer. More time to get out the bugs and settle down from any problems. Ethereum is a newer and it is still working out some matters, which others have already listed. Dao hack was just one big one everyone know about already.
13  Other / Meta / Re: When is your post considered ACTIVITY OR POST??? on: September 13, 2017, 05:39:48 AM
Did anyone see when the last 14 day update was?  Or is it tied to our join date instead of a mass update?

I have the same question: when does the 14-day window start and stop?
I'm pretty sure it's not tied to join date...
14  Alternate cryptocurrencies / Speculation (Altcoins) / Re: the rest of the world should just ban china from cryptos on: September 13, 2017, 04:33:22 AM
Um, that goes against the whole idea of de-centralized control.
15  Other / Politics & Society / Re: Society without money ? on: September 13, 2017, 04:18:58 AM
It's a nice idea, but you always need some Store Of Value.  That's what money is.  Otherwise, the other option is for everything to be an exchange of barter.  Bitcoin is just joining the other currencies (and gold) as a Store Of Value.
16  Other / Off-topic / Re: What's your favourite country? on: September 12, 2017, 02:47:27 AM
Well, it used to the USA.  But with recent electoral events, I kinda hang my head in mild shame when I say that.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Advice Needed on a New ICO on: September 11, 2017, 04:19:47 PM
My friend is experienced in ICOs says he found all their profiles on linkedIn, so I did see comments on their profiles from 2013, 4 years ago.

The site is SLL secured  https://openmoney.digital

I found a GitHub for them but than again my friend who's got a technical background says most ICOs don't have this but he did say their white paper is thorough from a technical perspective

I've seen other participation closed private sales i.e civic and utrust for example, but I didn't get into utrust Sad disappointed: but I like this deal for their product

Sounds like you like this ICO.  And if you trust your friend's assessment, then by all means add
it to your portfolio.  The feedback you are getting from the rest of us is just a little dose of caution.
ICO Fever is in full swing right now and there's a lot of investment options out there. Given that we
investors only have so much dry powder to use, a little caution is probably a good thing!
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