 Show Posts
|
|
Pages: [1] 2 »
|
For the first time in history, money is separated from the state. Bitcoin aims to be an alternative to Fiat currencies by providing financial inclusion to anyone, anywhere in the world. A system governed by mathematics and cryptography will put an end to corruption once and for all. The pioneer cryptocurrency can be used globally without limitations thanks to its decentralized model. People can send cross-border payments in minutes without the need for ID verification, background checks, or credit checks of any kind. This brings a whole new era of financial sovereignty as we know it. What do you think? Is Bitcoin better than Fiat? If not, why? Is it still too early to tell? Your input will be greatly appreciated. Thanks in advance  • Low storage and transfer fees: Bitcoin has no storage fees when compared to traditional financial systems. Bitcoin is superior to fiat money when it comes to money transmission. With the rise in the price of bitcoin, the amount transferred will rise as well. However, it will still be less expensive than fiat cash. • Its division enables for small transactions: Bitcoin transactions up to the 100 millionth part are authorised. It actually means that each transaction is worth 0.00000001 part, and this number is known as Santoshi ( in order to honour its creator). As a result, even the simplest transactions are simple to complete. It is impossible to do so all of the time in the case of fiat currency. Thus, bitcoin is the most equitable mode of transactions that one can have. The more you explore bitcoin, the better you can know about it. |
|
|
|
There is many More better blockchains with much better use Cases and utility.
ETH is one of biggest.
Btc is still alive only reason for that is some very powerful and influenceal people want btc to be alive there is no use Case no utility other then speculation even to Move dark money btc is not good even to make Transactions between companies not good.
So I guess btc is alive only that some big important rich person Can speculate and dump btc on poor suckers.
So to Say to take money from people and scam them.
Bitcoin is alive because powerful people are invested in bitcoin and it's surprised for those people are inverted in bitcoin |
|
|
|
it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.
Digital currencies like bitcoin, ethereum, dogecoin and SafeMoon might be all the rage right now but are they wise asset group to invest your money in? What exactly is bitcoin, and how does it function? The idea of people sending digital money over the internet isn't all that difficult — after all, moving money from one online bank account to another is just that. Cryptocurrencies, such as bitcoin, are a form of payment that sends data over the internet using blockchain technology. Each bitcoin must be mined using a computer. It is restricted – there are only 21 million bitcoins available for mining. Cryptocurrencies are "decentralised," which means they are not governed by a financial body such as the government or central banks. PROS: Cryptocurrencies are universal, which means they have the same value in all countries and are not subject to exchange rates. CONS: Cryptocurrencies have a high level of volatility, making them a high-risk investment. People have also mentioned having to wait for their money due to technical difficulties. Is it wise to invest in bitcoin? Bitcoin is considered to be at the (extremely) risky end of the investment continuum. The value of cryptocurrencies fluctuates a lot. You could end up losing money. Many of them are largely unknown. Some businesses may go out of business, while others may be scams. Due to technical difficulties, some people have had difficulty accessing their income. Occasionally, one's value will rise, resulting in a profit for investors. Mark Hipperson, CEO of cryptocurrency platform Ziglu, makes the case for digital currencies being mainstream. “With more and more major brands embracing crypto, such as Tesla and Starbucks, there seems to be little chance that crypto will soon be embraced in as many places as conventional currencies.” |
|
|
|
Hello Everyone,
I just curious, How way you choose to saving Bitcoin ?
Example case, You have 0.01 BTC on your wallet now, will you saving on 1 address or you will splits the Bitcoin be 10 address 0.001 Bitcoin each.
Just the way we keep cash or cards in a physical wallet, bitcoins are also stored in a wallet—a digital wallet. The digital wallet can be hardware-based or web-based. The wallet may also be stored on a mobile device, a computer desktop, or printed on paper to keep the private keys and addresses for access secure. |
|
|
|
A crypto investment scheme named BTC revolutionary has recently gained people's attention after announcing Investors can now earn over $1000 everyday. Also they said to invest in crypto if someone is interested to make investment where they can make million dollars they said, however the government came to know that the project is scam and it was recently ran into trouble with security and exchange commission in Philippines... https://news.bitcoin.com/bitcoin-revolution/ Bitcoin Revolution was established as a result of the exponential growth of Bitcoin trading. It is said to have been developed to empower everyone with cryptocurrency trading skills, especially those who wanted to find a second source of income through trading but were unfamiliar with the industry. It is said that it now allows both experienced and novice traders to execute thousands of trades every day. |
|
|
|
My advice to friends (based on experience) 1.Buy as much as you can 2.Buy on the floor, but do not wait for correction or fall. 3.Do not do anything for the price of tetra and dollars… 4.If it comes down to a short time that you bought at a reasonable price…. 5.If it comes down in the long run and stays that you did not lose in the long run, everything will be cheaper than the dollar. 6.Do not act emotionally… Wherever you say to buy or sell… you are more likely to lose If you have any suggestions, let us all know so we can use this experience. Thanks  Here 10 Most Important Tip About Bitcoin Market 1. Begin with small steps. 2. Choose a Safe Wallet 3. Do Market Research 4. Make a trading strategy decision. 5. Stick to Profit Targets and Stop-Loss Orders Strictly 6. Use Extreme Caution When Using Leverage 7. Use a variety of cryptocurrencies to diversify your portfolio. 8. Buy Bitcoin and Keep It 9. Take Control of Your Emotions 10. Be wary of con artists. |
|
|
|
#1. security. When you make a bitcoin payment; that one payment address then forever connects you to your wallet thus allows the receiving person to see all your previous receives/sends, and, all your future receives/sends. Any payment you received, or spent, then crushes your anonymity. You are forever outed; fully exposed. Really, it's no different than everyone in the world watching your bank account; seeing all the payments coming in and going out. Bottom line is you can never send or receive a payment to anyone in the real world. Your bitcoins/activity will forever be linked to you. Chainalysis perfectly lays out the problem.
#2. non-fungable. We like to think of bitcoins as being fully fungable. But the reality is that any bitcoin wallet/coin can be black-listed or otherwise "tainted". Your wallet could be black listed for any reason, or by mistake with no recourse. Black-listing means that anybody can create a list containing your wallet address, and then any bitcoins in that address, OR, any bitcoin that ever TOUCHED that address can forever more be treated differently. If YOU are found to have ever "touched" a black-listed coin, or coin from a black-listed wallet, you could then be targeted, hunted down, your real world accounts/property froze/taken; you arrested, who knows what. Regardless, not all bitcoins are perceived to be "equal". And, EVERY bitcoin has a history trail (moving from wallet to wallet) that anybody can easily follow see #1 above.
Bitcoin can never really be great unless every coin is truly fungable. AND, to be fungable then coins must not be trackable. Yes, some "alt coins" try to deal with the above. But ALL mainstream cyrpto currencies especially BITCOIN need to start taking these issues seriously.
Here's a rundown of some of the blockchain problems that anyone considering using it should be aware of. Let's start with the most important... 1. There is an environmental cost of blockchain. 3. The difficulty makes it difficult for end consumers to understand the advantages due to a lack of control. 4. Blockchains can be sluggish and inconvenient to use. 5. The "Establishment" has a financial stake in blockchain's failure. |
|
|
|
As we know the btc are digital gold.
The btc is going to Fix tht problem the gold failed.
"Bretton Woods "
The crypto have Some bigger purpose as the imf stopped messimg with dollars they use different currency wich is backed by the emerging markets countries.
Now the conlusion the is alot going on and one of the blockchain s will be used by the World banks.
Now we see Why they invented crypto.
Sure we can say that ohh.. They not into crypto they want their own Sorry but thts not the Case.
Right Now its time to pick up Good blockchain and invest in the Right one what the imf and central banks are going to use it.
Before the Bretton woods gold standard dont forget tht imf friends and mbers inside right connections bought gold with bargain price before.
Its always like that.
Now its your time to use your lazy brain and invest Right blockchain what will be used by the world Elite bankers.
Dont complain after... Ohhh if I only would knew or life is not fair... Do your Research think with your brain or complain after.
Bitcoin is the most popular cryptocurrency, that is the invented from a blockchain technology. that's main purpose is funds transfer digitally. cryptocurrency is not a physical but it's like a rupee. you can buy a product or services also. |
|
|
|
If you look thoroughly, then BITCOIN is just money, but like money, can it improve the world around, and humanity as a whole !?
I don’t think “good” and “BITCOIN” are the same thing, most likely the opposite.
Because of money, a person becomes weaker, he does not need to do something, to develop, because money will do it for him.
It depends on himself If people have completely correct knowledge of bitcoin then people make a better life. Otherwise, People are the use bitcoin illegally then he destroyed his life. |
|
|
|
I am holding legacy.
Confused, should I go segwit for seemingly lower fees?
Pros and cons of each?
Can you go back and forth?
The initial BTC address is regarded as a legacy address, while SegWit is a newer address format with lower fees. Segregated Witness (SegWit) stands for "separated witness," with "segregated" meaning "to differentiate" and "witness" referring to the transaction signatures involved in a particular transaction. |
|
|
|
I'm sure the number one thing bit coin is used for is trading but that wasn't its original use and seeing how it still has value and exists a decade later it has utility. Officially what else is it used for? How could you find this out there isnt a wall street journal for bitcoin. But there must be a prospectus for it out there or as close to one as possible. Is there a way to read the original white paper?
I thought BTC was going to replace western union by now and be used by official brick and motor businesses. I guess thats the point of stable coins, Why doesnt BTC have a stable coin backed up by BTC; kind of like how they back up mortgages. I wish I could remember my series seven better I could think up more use cases for BTC.
Will it only be used for investing/speculation as long as its price is this unstable? Can you imagine a normal acting like bitcoin does? I guess pink papers/penny stocks do that but those are just legal pump and dumps that clog up your work fax with junk faxes that come through at 4:00AM making sure you will se it.
Today bitcoin demand and supply chain higher than other cryptocurrencies, and the main uses of bitcoin is people are more invested in bitcoin than other cryptocurrencies because bitcoin prices daily high, and now many big companies are invested in bitcoin like Tesla, Amazon... |
|
|
|
well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?
i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers
Bitcoin works similarly to a product. The market in which bitcoin is traded decides its price. To put it another way, the price of bitcoin is dictated by how much someone is willing to pay for it. The market decides the price of bitcoin, just as it does for gold, oil, sugar, grains, and other commodities. The rules of supply and demand apply to Bitcoin, just as they do to every other market. |
|
|
|
Most of us are aware that the cryptocurrency market is really progressing in India despite the regulatory uncertainty. And right now the Indians has planned to or has already launched the first cryptocurrency Bank in India at the city of Jaipur Unicas (The name of the Bank) is a joint venture between the financial services companies Cahsaa and United Multistate Credit Cooperative Society. In an official announcement Cashaa mentioned that Unicas is the very first Crypto bank in the world to open a physical branch and will be able to execute Crypto transactions and local currency through the same account. In addition to that will also provide the same services as local Bank such as buying and selling of Crypto assets and insurance of loans; isn't that great 😁. And also mentioned to expand it services across 14 branches by January 2020 and planning to accelerate the expansion of Unicas to open 100 branch by the end of 2022😁 What a great news to the crypto world most especially to the Indians Source: https://www.financemagnates.com/cryptocurrency/news/worlds-first-physical-cryptocurrency-bank-opens-in-india/India. The 'Unicas' will help people to perform transactions in cryptocurrency and fiat from one account to the other. The bank will offer services for crypto as well as fiat assets. |
|
|
|
My advice to friends (based on experience) 1.Buy as much as you can 2.Buy on the floor, but do not wait for correction or fall. 3.Do not do anything for the price of tetra and dollars… 4.If it comes down to a short time that you bought at a reasonable price…. 5.If it comes down in the long run and stays that you did not lose in the long run, everything will be cheaper than the dollar. 6.Do not act emotionally… Wherever you say to buy or sell… you are more likely to lose If you have any suggestions, let us all know so we can use this experience. Thanks 1. Start from a small level 2. Get enough savings before 3. Learn how to make technical analysis 4. Stay updated with currency news and events 5. Don’t listen to others |
|
|
|
I moved some BTC over 3.5 hours ago and it still doesn't have 1 confirmation.
What is the longest I should wait?
On an average 10 min, If several hours have passed without your Bitcoin transaction being confirmed, just wait. If more than 72 hours have gone by without confirmation, resend your transaction. |
|
|
|
Bitcoin Hit $49k Wednesday's price records. May its passed today $50k. |
|
|
|
Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?
Bitcoin is pseudo-anonymous indeed.But are you really interestedin our anonymity while using Bitcoin?Many Bitcoin enthusiasts concentrate their money and efforts so that after saving, they gain more cash.It is not their concern to remain anonymous.Without doubt, bitcoin is becoming the digital gold. |
|
|
|
My advice to friends (based on experience) 1.Buy as much as you can 2.Buy on the floor, but do not wait for correction or fall. 3.Do not do anything for the price of tetra and dollars… 4.If it comes down to a short time that you bought at a reasonable price…. 5.If it comes down in the long run and stays that you did not lose in the long run, everything will be cheaper than the dollar. 6.Do not act emotionally… Wherever you say to buy or sell… you are more likely to lose If you have any suggestions, let us all know so we can use this experience. Thanks As my point of view that Small Start Out. ... Pick your Stable Wallet. ... The Market's analysis. ... A Trading Strategy Decides. ... With benefit goals and Stop-Loss orders, be strict. ... Use Extreme Caution Leverage. ... Diversify With Different Cryptocurrencies. ... Bitcoin Buy and Keep. |
|
|
|
Bitcoin exposure-Specific Scams and Theft. ... Conduct on the Black Market can harm credibility and usefulness. ... Susceptible to fluctuations from high prices. ... No Refunds or Chargebacks. ... Potential for Superior Cryptocurrency to Replace. ... Environmental Bitcoin Mining Ills. |
|
|
|
India's government is said to be renewing its attempts to ban public cryptocurrencies fully. A Study In April 2019, citing unnamed "government officials aware of details," said that the concept of a full ban on the issuance and trading of cryptocurrencies was supported by a number of government departments in the nation. The Department of Economic Affairs (DEA), the Direct Taxes Central Board, the Indirect Taxes and Customs Central Board and the Authority of the Investor Education and Security Fund are all in support of the ban, officials said. "Certain government departments have also reportedly shared a draft bill, dubbed "Banning of Cryptocurrencies and Control of Official Digital Currencies Bill 2019.Although the reference to "official digital currencies" is not explicit, the central bank of the country has previously been researching the launch of digital currency. Sources suggest that a final bill, based on input from the departments consulted, is supposed to be proposed to the next government in May following the national elections.A long time has come for India to decide on the legality of cryptocurrencies. The government formed an interdisciplinary committee to examine the problem as far back as April 2017, which was said to be considering enforcing a ban on "private cryptocurrencies" last October. The commission, however, was then not in favor of an absolute ban,But rather considered the potential legalization of cryptocurrencies with attached tough laws. The country's crypto industry is in limbo before a final decision is taken. Banks in India have been barred from serving crypto-currency firms and exchanges since last year by the central bank, the Reserve Bank of India. |
|
|
|
|
