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both bitcoin and dollars are A store of value A, medium of exchange, A unit of account. BitCoin is a type of money less widely accepted than the US dollar, but more widely accepted than, say, the Vatican Lire was in 2001.
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With bitfinx shutting down its service and coinbase being priced very high which other service do you use?
Kraken largest Bitcoin exchange lets you buy and sell bitcoins and trade between bitcoins and euros, US Dollars, Canadian Dollars, British Pounds and Japanese Yen. It’s also possible to trade digital currencies other than Bitcoin like Ethereum, Monero, Ethereum Classic, Augur REP tokens, ICONOMI, Zcash, Litecoin, Dogecoin, Ripple and Stellar/Lumens. low transaction fees, minimal deposit fees, great user support, secure, supported worldwide.
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The price is based on supply and demand. We had this case with India and China too before they close their exchanges. If for example India had a high demand for bitcoin then you will see a 5-10% higher price compared to International price in the other exchanges. It's totally normal, If you could manage to register there and somehow sell your coins then you could actually make this profitable for you.
thank you sir ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) it means its an opportunity to gain more profit.
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bitcoin is maintained by core developers, would Bitcoin die a natural death if the developers no longer exist? Or if they stop maintaining/developing/upgrading the system?
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Why there are significant differences in current BTC value between different exchanges.
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If You Bought $5 of Bitcoin 7 Years Ago, You'd Be $4.4 Million Richer. so it depends on you. the more money you invest the profit and loss ratio increases.
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in Japan 260,000 Stores Will Accept Bitcoin .. Major Retailers and Services also Accept Bitcoin.. shopify, expedia etccc
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to take study about the bitcoin in practical way is a better option for everyone and every category of the people children. Because practical ways explain us the basic simple idea to handle and give the creativity that what the new thing we can do with it and get more development with bitcoin .
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Bitcoin very popular, but I think it cannot replace the real money. any government will not hold anything that they cannot control. btc is a decentralized currency, meaning no one has a direct authority over it.
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quantum computer will undermine the cryptography surrounding bitcoin’s public and private keys. Bitcoin recipients share their public key with the sender. To spend bitcoin, a bitcoin owner must use their private key. If another party learns the private key, that party can spend all the bitcoin.
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upto day no tax is involove in buying and selling of btc. but i think govts should legalize btc and impose tax to benefit nations from btc.
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the rate at wich bitcoin are mined by miners is something of concern for btc traders and investors coz the rate at which btc are minned is too high so after few years btc will increase in quantity and lose its value.
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Lets make a comprehensive list of all the only LEGIT & USEFUL crypto-related websites. Everything from Exchanges to news and research related sites.
Updated List (includes suggestions from members below) ::
Favorite Exchanges :
Coinbase.com Binance.com Bittrex.com Localbitcoins.com Preev.com Hitbtc.com Poloniex.com Blockchain.info Coinbase.com Spectrocoin.com BitFinex.com Kraken.com coinexchange.io
Favorite News Sites:
Coindesk.com Cryptopanic.com Cointelegraph.com TheMerkle.com BTC-echo.de (For german users) en.bitcoin.it
Favorite Discussion Sites:
Bitcointalk.org Reddit.com/r/bitcoin Reddit.com/r/cryptocurrency
Favorite Research sites:
Coinmarketcap.com Coinwarz.com TokenMarket.net IcoCountdown.com CryptoCompare.com
Favorite Trading tools sites :
TradingView.com Coinigy.com
E-commerce site: Purse.io
Corporate sites: Microsoft.com (to buy a software and product keys using btc)
Bounties :
bountylord.com
Airdrops :
airdropalert.com
Faucets : (Pls leave a comment if they work for you)
Yannik.biz Freebitco.in bitfun.co/games bitlucky.io/ moonbit.co.in bonusbitcoin.co/faucet ethereum-faucet.org/ forumcoin.win/eth/ eth-faucet.net/ orumcoin.win/speedy-eth/ aalyafaucet.com/eth/ hotcoins.cf/eth/ freesatoshisfh.us/ether/ freebitcoin.win/eth/
You can post as many as you like.
Updated on 16-Oct-2017
execellent and very informative for beginners. keep hard work up. thumb up for you ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif)
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NTS Commissioner Han Seung-hee said we are currently monitoring the status of the [cryptocurrency] transactions and will move forward quickly. so yet to decide but sooner or later they will legalise and impose tax on btc.
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bitcoin is a business opportunity how you take advantage how you use and utilize depends on you.
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yes you can. there are two types of tweets through which bitcoins can be earned. Normal retweet Bullhorn
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yes u can but depends on ur desktop computer hardware.
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Purchase custom mining hardware, Decide between joining a pool or going alone, Download a mining program,Run your miner, Check your profitability.
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its because it is out of control, poses a danger to retail investors, they wants its own coin,
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It’s unpredictable. Completely governed by “Demand and Supply”. No agency, no government can control it.
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