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1  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto? on: June 16, 2018, 03:29:15 AM
i think he is the man who make all of you become a rich or become a poor
2  Bitcoin / Bitcoin Discussion / Re: WARREN BUFFET says Bitcoin won't end well on: June 16, 2018, 02:55:10 AM
yeah i think crypto need a strong person not a weak person if you weak person better dont play at this industry hahah thats just my opinion
3  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Hack Proof or Not? on: June 12, 2018, 07:56:34 PM
It is nearly impossible to hack the bitcoin network and steal . The real problem is not everyone understand bitcoins. You will need to find the private key for a particular public address. The possibilities are limitless. The major problem is not everyone understands how bitcoin works which makes them to make choices that exposes them to fraud.

yes I think the main factor is how someone can lose their wallet by scaming, because it is almost impossible to hack a complicated algorithm system
4  Bitcoin / Bitcoin Discussion / Is Bitcoin Hack Proof or Not? on: June 12, 2018, 06:16:50 PM
As bitcoin and cryptocurrencies are becoming popular every blessed day and have caught the attention of Government and other regulatory authorities looking into how the market could be regulated. A lot of people are entering crypto and often one of the important questions noobs(new) ask is that if they invest in cryptocurrency, is their money and will they not wake one day and their bitcoins are gone. I will try to answer this question and give reasons why bitcoin itself is hack proof.

Bitcoin is a digital currency in which transactions are encrypted using cryptography. The concept was developed in 2009 by an unknown cryptography engineer named Satoshi Nakamoto.He launched this digital currency with a vision to create a peer to peer digital currency that will be free from a central authority or a single administration. These features of bitcoin has made it to gain widespread adoption. Bitcoin itself is hack proof as the technology behind it, the blockchain makes it extremely resistible to hack. Once the blockchain verifies transactions on it, nobody can change the transactions.

But people claim there are still cases of reported bitcoin hacks but here there is misconception to what is referred to as bitcoin hacks. Hacks happen due to compromising of private(owner) key or password to a third party by the person in possession of the bitcoin. What I mean by this is that if you are careless with your wallets; where you save your bitcoin, an hacker or scammer might get access to the email address link to your wallet, access and get away with your bitcoin. People have lost their bitcoin as a result of this. Bitcoin can also be lost during the process of transactions on an exchange. Hackers can simply hijack the exchange and also steal innocent parties bitcoins. A famous example is the hack of Mt Gox Exchange.

So bitcoin itself is almost impossible to hack and it is extremely hack proof, the hacking of bitcoin comes from breach in wallets and transaction processes. It is important to take security measurements to protect one's assets.
5  Bitcoin / Bitcoin Discussion / Re: 29% of Germans are interested in cryptocurrency as a form of investment on: June 12, 2018, 06:02:23 PM
yes I think it is reasonably happen because of the rapid development of pressology so many people prefer a practical payment without having to distinguish the value of a country's currency so it is not surprising if this happens.

According to a recent survey by Germany’s retail bank, Postbank, 29% of Germans believe that cryptocurrencies are a desirable investment opportunity. According to the report, Bitcoin (BTC), Ethereum (ETH) and other major cryptocurrencies, were still the favorite choice investments for the surveyed group of participants.

The cryptocurrency markets have recently been plagued with volatility but this has not swayed the said percentage 3,100 Germans who were interviewed. This group was interviewed between the end of February and the end of March this year.

The age group of individuals between 18 and 34 years, was the most interested in the crypto industry. Their number accounted to 46% of the 3,100 Germans surveyed. Of this number, 14% were noted as having intentions of buying cryptocurrencies and/or mining them in the next 12 months.

The same report, was quick to caution the aforementioned possible young investors about the high volatility of cryptocurrencies. They were advised to also consider the traditional banking and investing systems.

here the source: https://ethereumworldnews.com/30-of-germans-are-interested-in-investing-in-bitcoin-btc-and-other-cryptocurrencies/
6  Economy / Trading Discussion / Re: What's your trading strategy? on: June 12, 2018, 05:45:00 PM
strategy in trading for me is patience, the key is never to fear and never greedy. because when you are afraid you will not get a profit and when you are greedy then you will lose the profit you have got, so I think the best strategy for me when trading is brave to start and never greedy to continue to take profit. i hope help you to choice the best strategy for trading cause many people use different strategy or their own strategy to take profit. so you must choice your own strategy to make a profit in trading. thank youu Smiley
7  Economy / Trading Discussion / Re: What's happening to Bitcoin? on: June 12, 2018, 01:21:34 PM
I think in this case we can not determine a price to go down or rise, due to fluctuations in prices that are uncertain depending on economic health and many other factors that will support a cryptocurrency will rise or fall at a time, but we can analyze the future and it should be recalled this only analysis can not make things absolute
8  Bitcoin / Bitcoin Discussion / Re: Things you should know before investing in bitcoin on: June 12, 2018, 10:39:40 AM
wow thanks for the info you have given because i am actually going to start trying to invest in bitcoins  and i think i really need tips like this, so i want to say thank you
maybe you should update the tips i thing and give more more information detail so the newbie like me can understand how to invest in bitcoins
9  Bitcoin / Bitcoin Discussion / Re: TIPS to be come victorious in bitcoin on: June 12, 2018, 10:24:15 AM
yeah its so motivate to me, the newbie because i can buy some stuff to mine a bitcoins because a VGA is so expensive so i try to post on this forum to get some bit coint to help my economic life and buy some fender Deluxe hehhehehehehe
10  Bitcoin / Bitcoin Discussion / Re: ARGENTINA TO USE BITCOIN FOR INTERNATIONAL TRANSFER on: June 12, 2018, 10:09:08 AM
that a good thing but, its been a long time to see my country using bit coins for international transfer because in my country bitcoins is not a popular payment method, more people thing bank transfer or pay by cash is more mmore simple than must use BTC for buying somthhing haha, but i dont know if sometimes everyything will be change like BTCC will be a worldwide currency maybe.
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