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1  Economy / Exchanges / Re: Selling on Localbitcoins vs an Exchange on: April 20, 2018, 12:21:29 AM
This is the thing . If you want to trade from crypto to fiat just use localbitcoin otherwise any highly reputable exchange will be fine.
2  Bitcoin / Development & Technical Discussion / Re: Build your own blockchain on: April 10, 2018, 02:30:42 AM
There is one available blockchain suite that can do all for you... privacy, explorer, coin mixer and atomic swap . Komodo is offering a white label blockchain development service.
3  Bitcoin / Bitcoin Discussion / Re: Should we support altcoins ? on: April 10, 2018, 02:27:38 AM
Altcoins are important part of crypto ecosystem. They are the hedging medium once bitcoin is not profitable to keep or hodl. It is to leverage and minimize lose to investing bitcoin.
4  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin become a daily currency??? on: April 10, 2018, 02:24:45 AM
To become one, bitcoin confirmation should be realtime faster . People wont like to wait for 30 minutes just to complete a single transaction. Developers I think are looking into it.
5  Bitcoin / Bitcoin Discussion / Re: Blockchain tech is faulty and will collapse! on: April 09, 2018, 09:22:03 AM
From  the technical stand point of view, blockchain in my opinion is the end product of brilliant  minds that cannot be questioned. The architecture itself is complex enough to harden network transactions. It just a matter of evolution and adoption to make the peer to peer system works  for the betterment of the civilization.
6  Bitcoin / Bitcoin Discussion / Re: bitcoin banned in social media? on: April 09, 2018, 09:07:52 AM
Social media rely heavily on advertisements and most of them are up in arms against crypto currencies and assets . Somehow they are afraid that cryptos might eventually level the playing fields .
7  Economy / Trading Discussion / Re: What is a whale? on: April 09, 2018, 03:09:51 AM
A whale is an individual or group of individuals that has the majority number of assets which tends to manipulate price as they wish to. Most of them are early adopters and have been controlling the pumps and dumps on crypto tradings.
8  Bitcoin / Development & Technical Discussion / Re: Possible Attack on Bitcoin's Network on: April 09, 2018, 03:06:02 AM
Indeed bitcoin attracted so much attention and I do believe some would attempt to attack the blockchain to gain control all the funds exist. But it would really be a long shot to do that  probably with a super ASIC computer miners will perform a brute force attack but like I have mentioned, its a long shot.
9  Bitcoin / Bitcoin Discussion / Re: Why you Still believe in Bitcoin? on: April 09, 2018, 03:01:22 AM
The simple reason why I still I believe in bitcoin is that the security of PoW and furthermore it is the gateway to many crypto assets that would transact fiat easier.
10  Economy / Economics / Re: Buying a house with BTC on: March 31, 2018, 01:57:57 AM
There are several blockchain project like Decentraland and Brickblock that initiated blockchain to be in the housing sector and showcasing transactions of buying and selling properties using cryptocurrencies.
11  Bitcoin / Bitcoin Discussion / Re: Invest now - should or not? on: March 30, 2018, 01:34:32 PM
Right now until the end of July should be the right time to leverage and take this opportunity of low price bitcoin and other altcoins that they are having. Be aware that there are brewing driving force that could propel bitcoin further.
12  Economy / Speculation / Re: are you happy with long? on: March 30, 2018, 01:30:57 PM
After watching a video about a famous economic researchers that viewed millenials will drive cryptocurrencies to its peak I am convinced that being long is a great strategy towards bitcoin.
13  Economy / Economics / Re: Will future paper money disappear? on: March 29, 2018, 09:53:20 AM
With the advancement of connected world, anything that is physical will be render insignificant. Like postal service that is now in near dormant, paper money may follow its trail . This has been happening in the last 30 years with VISA and mastercard.
14  Bitcoin / Bitcoin Discussion / Re: Is bitcoin a form of gambling? on: March 29, 2018, 07:30:20 AM
In life there is always a risk and it is synonymous to gambling. It can make or break things and we should be prepared what would be the outcome . Move on if things don't go right so chill and get thrill with the ride.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin on: March 27, 2018, 12:23:17 AM
Komodo platform is gearing up. After the notary election on April 1 2018, it will soon follow up with its first ever dICO with BlocNation and after a week Utrum will be next. Then this news about collaboration with Populous . Exciting things will be happening in Komodo.
16  Economy / Economics / Re: Is bitcoin dead? on: March 26, 2018, 12:45:29 AM
Bitcoin will never cease . It is the currency of the future.  Just recently bitcoin would become smarter via RootStock to implement its as-Service platform , so spare me this speculations and just enjoy the ride.
17  Bitcoin / Bitcoin Discussion / Re: Why Media is negative about Bitcoin? on: March 26, 2018, 12:40:04 AM
Part to blame is information dissemination on part of respective financial agencies of countries that do not adhere to technological changes. Another thing is that some are spreading fuds to have acquired bigger stake in a cheaper price.
18  Bitcoin / Bitcoin Discussion / Re: When will Bitcoin be more energy efficient? on: March 25, 2018, 12:41:26 PM
Proof of work relies so much energy on electricity when mining coins. Just consider the difficulty level to mine one block for bitcoin . So its logically impossible for bitcoin operation to be more energy efficient.
19  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin really secure? on: March 25, 2018, 12:37:16 PM
The core and design of bitcoin is secure enough just imagine it is going to take the whole Internet to shutdown and brute force attack on networks which is extremely very hard to execute. It is how human would use bitcoin that makes it vulnerable.
20  Economy / Economics / Re: why do people agree to pay taxes? on: March 25, 2018, 12:29:59 PM
It is really an essence for an earning individual to pay taxes. This is because it will give the government enough funds to sustain different forms of government services that people need in their day to day activities.
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