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1  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: February 21, 2018, 10:54:23 AM
Recently, the financial regulator of the country Nepal Rastra Bank completely banned any operations with crypto-currencies, seeing in them a threat to their economy. The decision of the authorities was reinforced by the arrest of a dozen people, allegedly involved in the management of crypto-exchanges in the territory of Nepal.
2  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Really End World Poverty? on: February 21, 2018, 10:41:46 AM
Representatives of the company note that the project's goal is to launch a crypto currency and a bank for the poor with an audience of over 2 billion people. The main accent, as stated by Humaniq, will be made on the people of India. In the future, the initiative should provide a presentation and forecasts for the future of blocking technologies in the global financial industry.

As indicated, the company intends to integrate already in the market of digital technologies and social experiments. The project will use the HMQ crypto currency.
3  Bitcoin / Bitcoin Discussion / Re: Why do people want Bitcoin? on: February 21, 2018, 10:35:28 AM
In crypto-currency to store the access keys to the funds, we use proven cryptography with a division into open and private keys. Similar algorithms are used by banks and other financial organizations to protect their data. And the total processing power of the Bitcoin network, which is used to protect the history of transactions, in 2012 exceeded the computing power of any supercomputer in the world.
4  Bitcoin / Bitcoin Discussion / Re: Bitcoin-Credit Card on: February 20, 2018, 08:10:00 AM
Debit cards Coinsbank give users access to their funds on CoinsBank accounts. Cards can be used to withdraw money from almost any ATM throughout the world. CoinsBank cards also offer bonus points to cover expenses made with the card.
5  Bitcoin / Bitcoin Discussion / Re: Should Bitcoin even have a future? on: February 20, 2018, 08:02:26 AM
There is still no legal crypt foundation in the world: no direct prohibitions, no permits. And Belarus seems to be taking the first step in this direction. A special interdepartmental working group with the participation of the Administration of the High-Tech Park is preparing a draft regulatory legal act on the digital transformation of the Belarusian economy. The block network is planned to be used to maintain registers of bank guarantees and on the securities market.
6  Economy / Speculation / Re: Holding will be a risk or not?? on: February 20, 2018, 07:46:56 AM
According to some information, 10 million people have invested their money within ICO. It is interesting that the creators of the air - one of the most popular crypto-currencies for today, attracted funds for the development of the system through ICO, selling the first 60 million tokens for 31.6 thousand bitcoins. Then the price of one ether was 0.3 dollars. As of July 13, 2017, it reached $ 200.

Today there are several thousand crypto-currencies in the world and new ones are constantly appearing. Among them - about a hundred well-known. According to Coinmarketcap, in the top 10, the Crypto-currency by the volume of capitalization in early July 2017 included Bitcoin, Ethereum, Ripple, Litecoin, Ethereum Classic, Dash, NEM, IOTA, Monero and BitConnect.

Many say that bitcoin is too late to buy: it is too expensive and it is necessary to choose from young and promising ones.
7  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is better than Cash. on: February 20, 2018, 07:38:17 AM
Bitcoin is much more mobile. I can call Skype from here, from New York to a friend in Jakarta. I will see him in real time and hear, and he will also see and hear me - this is an amazing technological achievement. But if after the call I want to send him to Jakarta 1 cent, which I have in my pocket, and which I would easily give personally - we will not be able to do this. In the 21st century it is impossible to send 1 cent to Jakarta. First, sending will cost 50 cents, secondly, the operation will take a week and thirdly - there is no suitable system.
8  Bitcoin / Bitcoin Discussion / Re: Should I buy BTC? on: February 20, 2018, 07:32:00 AM
Crypto currency is interesting to consider as an investment tool, and the most simple and profitable strategy can be "buy & hold" - buy and hold. Here it is a question of long-term investments.

The growth of prices will be facilitated not only by the widespread legalization of crypto-currencies and the growing interest in them in society, but also by the fact that the emission of many crypto-currencies is algorithmically limited. The system was originally conceived in such a way that it is impossible to issue more pre-defined number of tokens (electronic tokens, each of which is a unit of virtual currency). For example, for bitcoin, the "ceiling" is 21 million coins, for lightcoin - 84 million.
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin as payment system on: February 20, 2018, 07:25:37 AM
In fact, the Bitcoin payment system perfectly combines the qualities that would allow it to become ideal for settlements on the Internet. Its reliability is confirmed by the fact that payment systems such as PayPal have been recognized by the crypto currency.
10  Bitcoin / Bitcoin Discussion / Re: If Bitcoin die, no more cryptos can alive. on: February 20, 2018, 07:19:22 AM
Apparently, the market finishes its development within the initial stage of the financial "bubble" and in the foreseeable future will turn into a real bubble. Based on the analysis of commodity markets and numerous bubbles in the history of mankind, the maximum size of a "bubble" of crypto-currencies may be in the range of $ 0.9-2.5 trillion, and now it approaches the lower limit of these values. How much will bitcoin cost at the end of this year or the beginning of the next, it's hard to say. Extrapolating the dynamics of the last month, I will assume that about 2 times more expensive if the bubble does not burst
11  Bitcoin / Bitcoin Discussion / Re: South Africa vs Bitcoin on: February 20, 2018, 07:06:34 AM
The most active use of bitcoin in South Africa is its use by investors, as an asset for the storage of funds. It has already been officially confirmed that a significant number of investors and funds allocate part of their portfolio to bitcoin. This allows companies, such as BitX, to provide crypto currency, wallet and bitcoin storage services.
12  Bitcoin / Bitcoin Discussion / Re: Hotels accepting bitcoin on: February 20, 2018, 06:59:49 AM
Now in the database Expedia there are over 240 thousand hotels. Until the end of the year, the travel agency plans to start taking bitcoins also when booking air tickets and renting cars.

Expedia was the first among companies of this scale who preferred to use crypto currency to pay for services. At the moment, a number of small tour operators operate with bitcoins, such as Travel Keys and CheapAir.
13  Other / Beginners & Help / Re: How can one do BTC mining without investment? on: February 20, 2018, 06:53:31 AM
The second way: cloud mining

 Working with cloud services differs from mining at home, but requires investments, the size of which is proportional to income. Many services give bonuses to customers only for registration, for example, HashOcean guarantees 15 KH / s, which will earn a few cents a month. If to speak about the serious incomes, allowing to receive 1 Bitcoin right now, that is within one day, it is necessary large investments and purchase TH. Before starting work, it is recommended to test the system. Theoretically, cloud mining will bring a constant income and requires significantly less investment than the production of crypto currency on ASIC devices at home.
14  Bitcoin / Bitcoin Discussion / Re: 5 countries that banned bitcoin on: February 20, 2018, 06:46:28 AM
In Bangladesh, Bolivia, Vietnam, Kyrgyzstan, China, Ecuador and Iceland in the film "What is Iceland doing here?" In one of the most liberal countries in the world, bitcoin was slightly offended by the law forbidding the national currency, the Icelandic krona, to leave the country. Therefore, until March 2017, the descendants of the Vikings were forbidden to trade in pairs bitcoin / Iceland krone. However, in April 2017 the Icelandic Central Bank allowed citizens to work freely with the crypto currency.
15  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is Big in Japan on: February 20, 2018, 06:40:05 AM
Recently, Japan legalized the crypto currency as a form of payment, and interest in Bitcoin in the country continues exponential growth. In addition, according to companies in the field of crypto currency, such as Coincheck, this year thousands of merchants will begin to accept virtual currency for payment.
16  Bitcoin / Bitcoin Discussion / Re: Can Blockchain Survive Without Bitcoin on: February 20, 2018, 06:33:42 AM
Discussions about whether a blockage can work separately from Bitcoin and other crypto-currencies arise frequently and they contain a variety of arguments. CEO of the start-up LedgerX and adviser to the US Commission on Commodity Markets and Trade (CFTC) Paul Chow says that companies that are trying to use a blockage without Bitcoin are seriously mistaken.

According to Chow, bitcoin and blockade are inextricably linked and must remain so constantly, even when the technology of the block is widely adopted. In the company of LegderX Chow is working on the creation of a regulated market for Bitcoin derivatives.
17  Bitcoin / Bitcoin Discussion / Re: China’s Central Bank Was Hacked to Send Fake Email About Bitcoin Crakdown on: February 20, 2018, 06:12:55 AM
The opinion of the deputy head of the Central Bank of China actually repeats the opinion of the French journalist of the newspaper La Tribune Eric Picheta. He in turn is sure that bitcoin is a "bubble" that will burst sooner or later, just as a "bubble" burst during the "tulip fever" and "bubble" of high-tech companies, the so-called dotcom bubble.

Pikhet argues that bitcoin will collapse in the framework of some grandiose hacker attack or because of the collective ban of the authorities of different countries, although both are difficult to do.
18  Bitcoin / Bitcoin Discussion / Re: Why are they afraid of bitcoin? on: February 18, 2018, 10:19:31 AM
Investors can be advised to be cautious when buying and storing bitcoins. Large amounts of bitcoins we recommend to keep on hardware bitcoins of purses, about 2 of which we already wrote, it is impossible to crack such a purse.
19  Bitcoin / Bitcoin Discussion / Re: Why are they afraid of bitcoin? on: February 18, 2018, 09:50:53 AM
Blocking is an absolutely open technology. Anyone can see which purse is how much money. When you come to the exchange office, which asks you for an e-mail and a phone number to drop you an SMS saying that the exchange of bitcoins for dollars has been successful, what kind of anonymity it might be talking about. In order to maintain anonymity, it is necessary to provide for some precautions.
20  Bitcoin / Bitcoin Discussion / Re: What do you think about it? on: January 30, 2018, 08:54:49 AM
The government of the United Kingdom also determined the legal status of bitcoin. The UK is determined to allow digital money to take its place in the British economy. Now the government is looking for ways to control and regulate the activities of stock exchanges. The Cabinet of Ministers agrees on the importance of supporting innovation, but at the same time is actively working to prevent its use for criminal purposes. As previously reported, the government's goal is to create all conditions for law-abiding citizens and the absence of any opportunities for offenders. This statement was made as part of the announcement of the budget for 2015.
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