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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin is now consuming 1% of the world's electricity. Is that sustainable? on: September 12, 2018, 08:57:02 AM
One year ago Bitcoin's network was consuming as much energy as Ireland. Now it has apparently doubled and now it is consuming 1% of the world's total electricity consumption.

https://digiconomist.net/bitcoin-energy-consumption

This, in a time when the world is trying to reduce carbon footprints to avoid or slow down global warming.
Is Bitcoin sustainable as it is?
I don't think so - in fact I'm sure it is not. There is a limit to insanity.
More data here:

https://digiconomist.net/bitcoin-energy-consumption

What is likely to happen next? Which are your thoughts?

Anything fast, secure and effective can consume little more power and I think it is acceptable because even the best and latest lamborghini will consume much fuel than a Toyota Hybrid does but the out come is much different so do we say Lamborghini is bad no we don't and I think it is the same story with Bitcoin and its network we wanted faster and better transactions without any interruption which traditional systems can never provide and we got
2  Other / Beginners & Help / Re: The world is going digital on: September 12, 2018, 08:50:27 AM
World is going digital is the main reason why Bitcoin and other crytocurrencies has gained a big demand and attention in the international trade because personals who are involved in businesses to make profits always search different ways to increase there income and reduce cost by doing more secure and less cost transactions and Digital currency concept can play a major role in that due to there blockchain based advanced network systems and security methods 
3  Bitcoin / Bitcoin Discussion / Re: What are the chances BTC is replaced by something better soon? on: September 11, 2018, 08:11:23 AM
Chances are few at the moment because even Bitcoin has some weaknesses such as low speed during transactions and other there are no currencies that are competitive enough to compete with Bitcoin due to the demand it has gained but these things can be changed in the future without a doubt but for a currency to become better than Bitcoin it should posses many qualities to fit with the future demand and should cover all the issues that Bitcoin has at the moment
4  Bitcoin / Bitcoin Discussion / Re: Is it my impression or media is biased towards bad news ? on: September 11, 2018, 08:08:18 AM
This is the first time I saw media trying to destroy something great for the world  in a cruel way by making meaningless predictions and statistics in front of the general public and even there main job role is to provide the truth they have failed to do that which has made Bitcoin and other good currencies to face many problems even they offer the best options the world will ever have as digital currencies.   
5  Bitcoin / Bitcoin Discussion / Re: Idea: How to increase bitcoin demand on: September 11, 2018, 08:04:45 AM
It is something we cannot increase in one night and  if we are going to increase the demand of Bitcoin we should consider the core objectives of Bitcoin as a digital currency which are not full filled properly at the moment because even s won't use it often as a currency in daily life  and many local stores or websites don't allow Bitcoin payment but if we can fix such issues we can make Bitcoin demanding that today 
6  Bitcoin / Bitcoin Discussion / Re: MasterCard now ready to join the Crypto game on: September 11, 2018, 08:03:19 AM
This is implemented basically targeting the general public and to gain more users into the Bitcoin market and other crypto market which is a bold idea from my perspective and this will be very successful without a doubt than any other crypto related project because it increase the options and facilities that a crypto holder can benefits during many scenarios  with better safety   
7  Bitcoin / Bitcoin Discussion / Re: Why government announce bitcoin is illegal? on: September 10, 2018, 09:57:34 AM
We know Bitcoin is one of the powerful and top coin in marketplace.
But world wide all county are announced its illegal.
I personally think that bitcoin is very help us for paying any payment.
Its has many facility.
But our government are announced its illegal

This shows how foolish some governments are because they have no idea what kind of great things Bitcoin can do to help there citizens to expand there businesses by increasing effectiveness and efficiency during transactions that are done in global scale  and I am not surprise politicians do such things without due to low understanding about digital currencies because even some good business individuals are talking against Bitcoin but anyone who saw the bright side and potential qualities have definitely invest so this is the first technological invention in the world to face such problems and still continuing strongly in its path
8  Bitcoin / Bitcoin Discussion / Re: How do we change the public's view of Crypto world? on: September 10, 2018, 09:50:17 AM
Guys we are very much aware how the crypto community through this great forum has helped most of us in terms of our finances but is so heartbreaking that the most of the public views only describes how insecure and unsafe the crypto community is. I do understand that cryptocurrencies are volatile and the issue of anonymity sometimes scares people away but y'all bear with me that if  crypto is explained to you and you really understand it properly you would not make wrong mistakes and get swayed away by panic sales or submit your private key as ethereum wallet address. Is it a public campaign or some other form of tutorial that we should organize to help explain crypto to the world because believe it or not the blockchain technology of cryptocurrencies is being admired by most organizations and some of them have decided to run their operations with the use of blockchain technology. What can we do as a community to help change the public view of Crypto?

It is a very important thing because many are leaving Bitcoin investments and other crypto assets by selling there tokens for any fair price possible in these days so for that reason or not Bitcoin and Other currency prices are decreasing rapidly in the market by making long term holders uncertain and the only way to stop these things and to save the crypto market is to change the public view quickly by technically and socially. Socially we can use the same media that we used to promote new ICO projects and crypto related projects and technically we can increase cryptocurrency business adaptation by allowing many options possible for people to use cryptocurrencies and Bitcoin in common purchasing sites   
9  Bitcoin / Bitcoin Discussion / Re: Who will benefit the most from bitcoin/cryptocurrency? on: September 10, 2018, 09:42:38 AM
unlike any other asset which requires a large investment, you can always buy small amounts of bitcoin.
for example you can not go to a stock broker and buy $10 worth of stocks! they wouldn't even let you and laugh in your face. or you can't go and buy $10 worth of gold, that is physically impossible.

  • but you can buy $10 worth of bitcoin

whether one should invest in bitcoin or not is another question. it is a risky investment and some people don't like taking risks under any circumstances and the market fluctuations can ruin their sanity specially someone who is already in debt.

That is a good way of seeing the positive side of Bitcoin and other cryptocurrencies  because I know about property business even it is reliable the initial investment cost is much higher which is something many cannot afford but when investing in Bitcoin even someone cannot the whole Bitcoin the investor can purchase a certain amount according to there holding amount and continue and increase assets when the price increase so people who have little money can benefit from Bitcoin or other cryptocurrencies
10  Economy / Speculation / Re: Why is Bitcoin Crashing? on: September 10, 2018, 09:32:23 AM
I think Bitcoin price crash days are over at the moment now the price is gaining little by little but no one can say for certain what will happen but many things are happening for the good side of Bitcoin because business interests regarding Bitcoin and it usage is increasing these days which is something didn't happen in the past and its users are increasing by becoming more popular still considering such facts like many I am not happy enough with the price gaining rate but at least it is in the safe zone 
11  Other / Off-topic / Re: How risky is it to buy tokens? on: September 09, 2018, 12:23:11 PM
Hey. The question arose after I found a start-up that wants to receive money from large companies for advertising in social networks. The essence of the project is that they use the artificial intelligence to analyze users' photos. If the photo shows a trademark, this information is obtained by the owner of the trademark. Next, he pays the owner of the photo money for advertising his product. The percentage of this amount is left to the project.
It sounds very tempting. In fact, creators want to shorten the path from the owner of the product to its user, removing all the middlemen.
What do you think is worth risking and buying their tokens?

There are scam ICO projects but there are many good projects with great vision so do a research and find a good one to invest in
12  Other / Off-topic / Re: Recommend a Free VPN which is good for me on: September 09, 2018, 12:00:50 PM
Please tell me a Free VPN which is good for me, if it can be in the form of Add-on Chrome or Firefox.

Try hotspot shield latest version you can easily find in the web it can use with both chrome and firefox
13  Other / Off-topic / Re: if you could live anywhere on: August 23, 2018, 09:07:42 AM
I would like to live in Thailand
14  Other / Off-topic / Re: Interesting websites to visit when you're bored. on: August 21, 2018, 12:00:00 PM
I go through YouTube.com most of the time and that is one of my favorite
15  Other / Off-topic / Re: Online Shopping on: August 21, 2018, 11:14:47 AM
I really love online shopping and that is the main reason sometimes I waste my money   
16  Other / Off-topic / Re: What is your favorite manga? on: August 21, 2018, 11:05:40 AM
I saw "Fairy Tail"
17  Other / Off-topic / Re: what do you do when the weather is very hot? on: August 21, 2018, 10:56:26 AM
Normally I take a shower
18  Other / Off-topic / Re: Do you think spanking is wrong? on: August 21, 2018, 10:49:24 AM
I think spanking is bad because no one knows what the other person think because each person's psychology is different
19  Other / Off-topic / Re: Do you consider age before marrying? on: August 21, 2018, 10:42:09 AM
No I don't the age doesn't matter for a good marriage
20  Other / Off-topic / Re: Favourite chrome extensions? on: August 21, 2018, 10:35:27 AM
Save to pocket an extension to read something later
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