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So, the question is how safe this system is? Won't I lose my bitcoins one day?
Electrum is one of the oldest btc wallet it is attributes rich but it is not user friendly. If you are just a beginner and newbie like me I suggest you to avoid electrum, but if you’re familiar with the basic terms then this is the excellent selection for you to use. The characteristics of Electrum is on being fast, safe and private. The wallet is a lite wallet, meaning it does not download the blockchain, so there are no delays on system and it’s always up-to-date. |
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What if South Korea ban and shutting down all cryptocurrency exchanges?Bitcoin is facing some hard and complicated situation these past few weeks. What do you think is the big and huge effect and outcome if South Korea beyond doubt to plan and decide to shut it downs the crypto? What will happen if the exchanges of btc crash down to 25%? “Bitcoin has certainly been facing some difficulties in the past week after South Korea announced the possibility of shutting down all cryptocurrency exchanges – news that caused Bitcoin’s value to plummet by 25%. A final decision is expected to be released today on their fate in the country that is to host this year’s winter Olympics. “https://cashessentials.org/fall-of-cryptocurrencies-rise-of-e-fiat-currency/Do you think it will end to a negative finale?
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The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
Inflation is an ordinary thing not only in the cryptocurrrencies but also inflation of goods and services.You should be wiser regarding of your earnings… you can put some as your savings and some for investment, so you can balance and steady and get more earnings… |
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As I follow the link you shared, it is like the robbers and the victims don’t understand what bitcoin is all about…I think there is misunderstanding about the cryptocurrency, “ «The brothers searched randomly in the market to buy Bitcoin. The gang lured them claiming they can sell them Bitcoin.”
http://cryptozona.ru/dubai-police-use-ai-tech-to-locate-and-arrest-gang-suspected-of-1-9-mln-armed-bitcoin-heist/---Why in the world, the brothers who are victims went to market and plan to buy bitcoin?  ? Bitcoin is not something you can get or buy or sell in the market…Correct me if im mistaken with this issue. |
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It is truly hard to rank up in this forum…But it is for its quality, before you reach up high, you will need to step one by one to some like ladderized position, you need to reach or require some requirements like how many posts you need, how many merits you need and you need to post a valuable one which of course to help others in this forum and inform new knowledge to others. As other said no easy money here, you need to sweat before you harvest your fruitful work. Goodluck.  |
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Why Media is negative about Bitcoin?
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
Do you see that, dont you?
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In a news, commonly and usually they report the negative side and not the good side of something or issue….Because people are more seekers of fault that’s why media give what they are looking for. Some people linking cryptocurrency in some bad and outlaw reputation without any basis. And sad to say, it has really a big effect to the investors, because individuals believe in what they hear and what other people say. |
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Do you see any reasons why signature campaigns would need to accept Newbies? There are few main reasons why they aren't accept Newbies:
It wouldn't be beneficial for advertisers. Newbies are allowed to have only very basic signatures without styling, links and only up to 50 characters. Such advertisement wouldn't be visible well, so there are no point to hire Newbies.
Limited knowledge. Newbies usually don't have solid knowledge about Bitcoin and cryptocurrencies. It's likely that they will spam or make low quality posts and it would only give bad image to company.
Abuse. If signature campaigns would accept Newbies, what would stop users from making 10, 20 or 50 bitcointalk accounts and join campaign with all these accounts. And now when campaigns accept Jr. Members, it's easy to cheat these campaigns. It tooks only 1 month to reach Jr. Member rank, you don't need any Merit, so, many people make unlimited number of Bitcointalk accounts and then they join bounties with these accounts.
Thanks for this post, as a newbie these is also my question to myself, why newbie like me cannot join bounty or campaign. And I agree as a newbie I need a lot of experience and understanding regarding this forum to become beneficial, helpful and useful to others. |
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I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?
Banks banning cryptocurrency is not a threat to them, they are banning crypto because of its unstable value, sometimes it goes up and down the value….Cryptocurrency is volatile that banks is number one concern why others prohibition the crypto, for instance like Bitcoin sometimes it goes up to 20,000 $ per bitcoin and flying down to 7,000 $, that’s the number one concern of bank/s banning it. |
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Satoshi Nakamoto, rather dead or alive…we don’t need to fear and worry anything because bitcoin is decentralized digital currency, meaning weather Nakamoto is still alive and living happily or not, it is safe and has a benefits for us, nation-states cannot shut down the network. |
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Todays bitcoin worth is too much risky, it is not stable, though it is better to invest in cryptocurrencies, just know if it has ability and strong foundation. Also, just learn to wait if you invest, because sometimes it gets lower or higher… And your right we must not too blind to be contingent our upcoming future in bitcoin totally, manage your money where you are going to put it wisely is advisable.
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Hi, I see a lot of members waiting for like 7 days and they didn't getting any profit.. After 14 days the price is dropping.. They screaming on bitcointalk and Twitter.. (some of them  ) My answer.. Just wait! - Developers can't work 24 hours a day - don't check the twitter or ANN every hour  - a project in blockchain isn't a job for a week.. Be patient.. If you wait a year or a couple of months you get much more profit.I think it fits me as a newbie….Being patient, just what I am doing right now, I know I need more time, knowledge and perseverance in these forum. Sometimes it kinda idle thing because I’m just starting and managing my time, but I know I can use to it, because it’s fun and pleasurable participating in forums, it gives me a lot of education regarding crypto system. |
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http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months. The world just isn't going to be the same and we have been blessed as the pioneers. What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop? Whew…hope so too brother, if it hits up to 10 grands, I can probably buy a car, own a house and secure the education of my kids, that’s a dream come true. Hoping for coins to hit that up as many people and citizens are now aware of the many positive possibilities of cryptocoins these days. |
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You are lucky to recover your account, however we must still careful for any website that can recover our passwords or sharing important details in our account, anything today can be hackable…The best thing to do is to be cautious and secure your password, also make a way to remember, or if you have a short term make a way to know it, like jotting down and put it in some place where you put your important files. |
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I’ll keep this in mind, lots of lesson to learn. As a brand new member I am reading some post to get some information in what to do. Then I read your post TYMAN, and I guess it helps a lot…Something keeps in my head is to learn to wait and not pushing too hard to level up for few months and just learn many things in this cycle so I can share worthy and better post to this forum. |
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