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1  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become centralized sometime in the future? on: September 15, 2018, 02:08:04 AM
Of course, we cannot rule it out. Moreover, there is information on how it can be and is probably being done. Here's the link:

https://en.wikipedia.org/wiki/Bitcoin#Decentralization_and_centralization

Wow. A little unexpected. I never thought it that way. Thanks for sharing!
2  Bitcoin / Bitcoin Discussion / Re: Bitcoin online payments on: September 15, 2018, 01:46:24 AM
I believe it will become a reality soon, maybe even sooner than many of us think; they might add it as an option for payment so that you can choose which you prefer.
3  Bitcoin / Bitcoin Discussion / Re: HOW TO STOP HACKERS TO HACK YOUR CRYPTO WALLET on: September 14, 2018, 06:55:52 PM
Quote
HOW TO STOP HACKERS TO HACK YOUR CRYPTO WALLET
PRINT IT AND KEEP IN SAFE!


Yes, this is the most affordable and one of the most reliable ways to safeguard your digital assets from hackers. I prefer cold wallets, though. My favorite is Ledger Nano S. BUT be sure to buy one from an official reseller and don't use someone else's wallet. It's too risky.
4  Bitcoin / Bitcoin Discussion / Re: Is it my impression or media is biased towards bad news ? on: September 12, 2018, 05:03:55 PM
This isn't just your impression, but I don't think they aim to destroy Bitcoin either. I guess they keep spreading the news that sells even if it's fake news. Who cares? All they care for is $$$$. And the more, the better. Sometimes, I believe they may help someone destroy something or someone, but just for a reasonable consideration, i.e. more $$$$. That's about it.  Cool
5  Bitcoin / Bitcoin Discussion / Re: Anticipation from the future ? on: September 12, 2018, 08:04:48 AM
:)Countries are divided into 3 groups: those who ban bitcoin, those who will regulate it strongly and those who will give complete freedom to development. The second and the third groups us well be satisfied with. This majority. It's enough to survive.Therefore, it is not necessary to look for negative outside of us. ; Smiley Smiley

In the future a new breed of cryptocurrency will be born. Decentralization will be out of the picture and private entities will no longer be the king in this industry. The future industry is controlled by the state and the central banks. Governments are now planning to create a digital currency using blockchain technology wherein they will control and is not market based.

I'm 99% sure you're right because the technology is advancing every single second and the more sophisticated it becomes, the more it is likely to give birth to a new type of currency, like 'quantum/cyber/digital/crypto/who-knows-what' kind of currency that might already be in the pipeline and we are not even remotely aware of that... 1% of my uncertainty accounts for a scenario where BTC evolves and adopts new technology, in which case it'll remain the leader forever.
6  Bitcoin / Bitcoin Discussion / Re: Even the Politicians have secret investment in Bitcoin on: September 12, 2018, 07:52:42 AM
Yes you are right. I have already heard many times that some politicians keep some of their savings in Bitcoins. Because in this case you can not track all their savings. They hide their savings in Bitcoins. They do not support the crypto currency until only until it has been legalized. I think later they will speak out for the crypto currency.

Exactly, the politicians are just people and ironically they don't feel like paying taxes on their assets, etc., so I heard that, too. Bitcoin is one of the best and safest ways to save "for a rainy day" for anyone. Why are politicians different? They know their life is short, their term in their offices is even shorter, so they want to go all out and take advantage of it.
7  Economy / Trading Discussion / Re: Keep all crypto in trading platforms or wallets? on: September 12, 2018, 07:38:21 AM
That depends. If you are only interested in hodling, there's no sense in keeping your assets online, in which case a hard wallet would be my choice. Otherwise, hard wallets are not the best way of working with your digital assets, IMHO.
8  Bitcoin / Bitcoin Discussion / Re: What will happen if Bitcoin gets official permission from the government...??? on: September 12, 2018, 07:29:28 AM
IMHO, the official permission from the government means you can trade and make settlements in BTC without a fear of being traced or caught, as was the case with some countries I heard of, BUT they will make us pay taxes on every transaction or maybe they'll try to impose taxes on your crypto assets you hodl. We are speaking hypothetically, aren't we? So, I just don't see the way the government can mix in managing transactions. I take it it's technically impossible. So, we can relax for now, at least.
9  Bitcoin / Bitcoin Discussion / Re: Will bitcoin go under regulation on: September 12, 2018, 01:18:55 AM
Of course, it will be regulated sooner or later because it'll make many things a lot easier and transparent for the participants.
10  Bitcoin / Bitcoin Discussion / Re: Who controls the crypto market? on: September 12, 2018, 01:07:05 AM
Some people confuse decentralized blockchain system with market control. Those are completely different things. I mean, you can't control a decentralized system, but a market it different and it is controlled, of course. However, control of the cryptomarket is not so obvious, but it definitely exists although no one can tell you for sure who it is who controls it.
11  Bitcoin / Bitcoin Discussion / Re: At what price will you panic and start selling coins? on: September 12, 2018, 12:55:01 AM
I'm pretty determined and believe in BTC, so I'm not going to panic even if it dives below $1000.  Cool
12  Bitcoin / Bitcoin Discussion / Re: Just got a little extra money and want to invest in crypto, should I? on: September 12, 2018, 12:44:45 AM
I believe you definitely should invest in crypto, but I don't believe anyone can tell you for sure which altcoin could be another BTC because of the crypto market nature: it's too volatile and unpredictable, so just get some BTC, hodl, and relax Wink
13  Other / Beginners & Help / Re: BITCOIN NOT SO ANONYMOUS! on: September 12, 2018, 12:37:56 AM
You are right. Some people believe Bitcoin is 100% anonymous just because you don't have to enter your name, residence, etc into the system to register and therefore believe that BTC is one of the best currencies for illegal activities, which is doubtful because every transaction is permanently recorded in the Blockchain and can be easily traced. One can always see the origins of every single transaction. So, you're right it doesn't seem to be perfectly anonymous.
14  Bitcoin / Bitcoin Discussion / Re: Are we about to redefine money again with Bitcoin? on: July 29, 2018, 07:37:40 AM
Good article, with bitcoin the money will be redefined because it is not an simple technology but it is revolution, it changes everything related to money.

Absolutely. Just wanted to emphasize the meaning of the entire system, i.e. blockchain, because this isn't just electronic representation of a dollar or other currency. This is a totally new phenomenon most people even haven't figured out yet.
15  Bitcoin / Bitcoin Discussion / Re: Can you wait to prove them wrong about Bitcoin? on: July 28, 2018, 03:55:58 PM
I can wait. I'm unbelievably patient and I think it's worth waiting and seeing their jaws on the floor in the end Grin
16  Bitcoin / Bitcoin Discussion / Re: Thailand Legalize Crypto currency on: July 28, 2018, 03:35:59 PM
This is incredibly great! Who's next? Come on, people, don't wait up!  Wink
17  Bitcoin / Bitcoin Discussion / Re: If you want to increase the price of Bitcoin then promote it everywhere around u on: July 26, 2018, 10:13:03 AM
I do agree with the subject because I can see what ordinary people think about it. Sometimes the media seem to ruin it all, but the real success stories work better by making other people want to come aboard Wink
18  Bitcoin / Bitcoin Discussion / Re: What factors scare others from investing into bitcoin? on: July 12, 2018, 12:56:49 PM
Volatility + intangibility multiplied by ignorance are the main reasons for the lack of trust.
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