Here is why bitcoin will never rises if not reaching bottom as its risky to lose big cash after that huge drop , it needs a new blood otherwise the circle will be just closed on small holders who dream of holding when other big investors own most of it and selling on ups and downs fast in fast out to not lose anything ,it wont ever goes up like that, too much to lose for alot of people with all risks so it has to reach considerable bottom for massive adoption and people can then pay and increasing the number of holders and will start its healthy uptrend and stability.

Billionaires are not stupid and they will sell on the small figure than big figure.

The Crash was like a dooms day for me. I don't know that affects how many peoples among us , but it was certain thing to happen. This adjustment was needed to gain stability of the market. One of the reason is penny stock coins. Many people among were pumping and dumping those coins , adding they don't have any genuine team behind them. So it was unsustainable for the long term. In my another article i have told we are directly contributing to the dumping process. May be this crash is a genuinely necessary lesson for the individuals who  bought and sold in PANIC.

 I'm still hopeful for the future that people invest their money into more real and practical coins. We should do more research before investing any new coins. If we do the same this will happen again. This crypto industry will be around for quite a long time. I rather say long way to go. We can still gain from from our error. Things we should do from now on -

• -  Avoid baseless hype and FUD News
• -  Keep supporting genuine organizations and support their
• - Think twice before investing any new penny stock coin
• -  Start research rethink from the ground.

Hopefully if this happen we could avoid this type of crash. A single MERIT will boost myself to write good content more. Thank you.

When i was researching on Ethereum , i got this keyword. So i decided to write an overview for the newbie.

Actually Smart Contract is a type of  self-executing contract that is intended to authorize the terms of an agreement made between two parties. Terms of the contract are recorded in a computer language. It is  a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. It eliminates the third party

The point of smart contracts is to -
1. Encourage the trading of cash, or anything of significant worth.
2. While likewise lessening costs related with the arrangement of a contract e.g. legitimate charges.


For instance, If Rahim needed to go into a contractual agreement with Sara for the offer of a house, typically, the two people would look for the assistance of a real estate agent or a legal advisor keeping in mind the end goal to frame a contract.

On the Ethereum blockchain - A notable utilization of smart contracts can be found , where they are coordinated into decentralized applications (DApps).

Thanks you.

Before writing my article i wanna show up some contrast issue. JPMorgan Chase-  CEO Jamie Dimon is one of the Harshest critics of BITCOIN. I remember one of his quotes -

"bitcoin will “blow up”, adding: "It's worse than tulip bulbs. It won't end well.”  - Jamie Dimon

Do you think ? That will happen. These big giant media people control the price of the Bitcoin. When we wake up in the morning and heard these types of shitty news on paper or media , We just become disappointed. We think what the hell what we have done , why we have invested in this ICO or crypto currency. We should not .

As a result PANIC SELL occurs. When you are selling it , you are indirectly participating in the dumping process. As a result millions of people are contributing the dumping process. Therefore the total market CAP of the specific currency (BITCOIN) is lowered. The massive decrease in the market cap cause the Price to be much lower, you can't imagine. Mass people just do the same without knowing the consequence.  

Here who are the real winners, those people who created the news and we believed them blindly. (I also say sometime panic selling is good , if you have lost more than 70% of your investment , Maybe )

Who knows These Big giant companies and their management like "Jamie Dimon" have created these news to enter the market. But at the end of the day we (General People) make the loss. They don't .Some critics will defend the market who have already invested a big portion of his investment , like John McAfee, He said i remember -

"For you who are long term investors like myself: (those who allways make the most returns), BITCOIN is still the crypto giant. It is at a low price, and will never be cheaper. It will be ten times this price in 2018. Remember - it has the lowest circulating supply of any coin. - John McAfee"

I am saying we should be more aware of the system , don't panic at all. Bitcoin is still a Baby , it will not die so easily. I will not sell single bitcoin of my investment whatever the price is.
If you were going to sell  your investment and stopped and came back to this article after some time when BITCOIN will rise again , don't forget to MERIT ME OK ?  

Forgive me if said anything wrong. That's my perspective.  Before Buying or selling please do a research.

[Banks Are Re-Examining Certain Sectors (Bitcoin is Independent) :]

I am really concerned with the current ongoing system of BITCOIN and BANK. That's why i decided to do some research. BITCOIN and BANK both have different system , their characteristics are different in several point of view. The two frameworks (BITCOIN & BANK) are as of now existing together close by each other. Both appear as though they are digging in for the long haul for years to come in the future.

Banks Are Re-Examining Certain Sectors (Bitcoin is Independent) :

For this fact that the rise of bitcoin is making banks re- examine certain areas like exchange charges and how they connect between nations, in addition to other things. The banking system is available to control while bitcoin is practically designed and permits the control of nobody individual or company. It is independent system. The chances are the adoption of bitcoin or other decentralized monetary standards will increment because of its convenience and being carefully designed.

Poor Nations will suffer

In poor nations with restricted access to the web or territories without power, for example,many areas in Africa continent don't got sufficient support , there are still obstacles to cross there. So the basic things like internet connection , electricity access etc. Still Bank exist there. But they are following conventional paper work. Still They have not convert the system to online.  Both bitcoin and the conventional banking system will exist together for years to come.

Bank Charges High transaction between Countries

Banks can charge high expenses for exchanges between nations, while bitcoin can do it for next to no cost, anyplace on the planet , at a fixed and similar rate.

Things to consider with BITCOIN (May be Flaws, need to sort out)

1. Utilization of a decentralized money like bitcoin has some problems, because there is no option for charge backs and the protection it offers over conventional banking, No one can reverse the payment once done. Actually i am dreaming how to solve this criteria?

2.  Loss of private keys or being miss written implies nobody repays you and the coins are lost always in case of a private key misfortune.

Is there any device that will save the private key and synchronize with eye or finger. It's like (private key + Biotech) for valid risk less transaction ?

Despite the fact that bitcoin is possibly the beginning of the fall of the controlled banking system .It is easier to conceal a private key than it is to hide funds in bank accounts. This could ensure individuals in case of malignant separation cases, in addition to other things gave no connection between the two systems is demonstrated and no laws are broken. I really want to tie the central bank with Bitcoin.

I have tried my best to write articles . If you feel good , please commend me for Merit.  Thanks in advance.
Anyway please feel free to post your opinion.

[No Liabilities or debt with BITCOIN:]

Day by day we are getting news like , this country reject bitcoin that country accept Bitcoin. Technically it stands a contrast perspective with the Central Bank and the economy of the country. But as I love BITCOIN , I pray Every single country will accept BITCOIN one day.

No Liabilities or debt with BITCOIN:

Bitcoin is a conveyor machine, meaning that there are no liabilities or debts associated with it. You can't get loan from it , or you can't get profit through interest.  If you hold it, it’s yours. And as such, there can be no run on a “bitcoin bank.” It's Independent.

Bitcoin is considered as Fiat Currency :
Of course you can assume,  holding bitcoin superior in many ways to holding fiat currency in a deposit account. Here Fiat currency are those which can not be backed by commodities . It has all the benefits without the risk of capital controls. Because of this, the growth of bitcoin is sucking value out of national currencies. The higher capital will rise the higher value it will get.

The Capital is really HUGE
I think there is now more than $70B worth of bitcoin sitting in bitcoin wallets.One thing to consider here , the asset is not under any management. So we can call it AUP (Asset Under Management ) , but we can call it Assets Under Protection (AUP). And here is where the risk to traditional banking resides. What does a world look like when a simple bitcoin wallet is indirectly protecting as much money as big giant companies , organizations like  Bank of America or Fargo etc.

Wallet Becomes Bank
At that point that wallet becomes a bank, Haha , a newer form of bank with decentralized function, with different rules, operations, and monetization policy.

The Last Reason-  PEOPLES LOVE BITCOIN
The real reason that banks should worry about People loves BITCOIN. People always love easy process, better stability and full control. All things are available in this case. Bitcoin actually threatens the bedrock policy  and business model of Banks. That's why Banks are attacking Bitcoin.

I am trying to write good article and trying to research more to build good article. Really dreaming to get first MERIT. Thanks you guys. (Forgive me for any mistake)

It is really interesting thing , Did you know ?
first bitcoin transaction took place between Satoshi and Hal Finney in 2009, the first recorded purchase was made for buying pizza worth $25 and 10000 bitcoin.
Now a days , we can order 600 pizzas with 1 BITCOIN.
It was 2009.

I just get amazed Day by Day. Share your Thought please.  

Please give me your thoughts about the best ICO in 2018 , I want to invest $5k to buy some tokens. Thanks in advance.

Since the new "merit point" implemented in this forum and i have almost zero ( )  , i have decided to make some quality post with some of my research and findings , May be the new peoples like me are interested in this. I hope i will get more suggestion from my seniors.

I am just posting my thoughts and views about it . With i have also some questions.

First question what is Ethereum , how it was started ?

I read the man behind Bitcoin is Satoshi Nakamoto , It was started in 2008 . You can say Ethereum is the  fiercest rival of Bitcoin.  The initial release of Ethereum is about 3 years ago from now in 2015 . Ethereum provides a decentralized Turing-complete virtual machine. Wow . As per i came to know it was initiated by DAO(l decentralized autonomous organization) project. But the interesting thing was in 2016 DAO project was collapsed and Ethereum is divided into two separate block chain.
1.Ethereum (ETH)
2.Ethereum Classic (ETC)

The another interesting part is - it was initiated by Microsoft and Intel , they both compiled to became fiercest rival of Bitcoin. So , Ethereum is not just a currency . It is also a block chain platform.

Vitalik Buterin who is co-founder of Ethereum named it very interestingly. He found the name from the word "Ether" which is a scientific term of Null space  technically it is a hypothetical invisible medium that permeates the universe and allows light to travel. Is not this interesting ?

I am happy to receive any kind of comments. I don't know how to do constructive post but anyway , i tried it. It will help the newbees in this arena. If you know special thing about ethereum please answer below.
Thank you .

Hello guys , today I just saw a new function named as merit. I have few questions.

1. From when it is started counting ? Because I am seeing many high profile have already many merits point.

2. I am not getting any option to give some one merit score. Where is the button ? I am using from mobile

3. What is the way to increase merit score. I am not getting I have zero merit although I am not getting the formula.

Senior or legendary member please help. Thank you.

I have a serious off topic , i posted here because i don't the right category , Anyway i have a question >> 

Those who participate in ICO bounty program , how do they report ? They post report weekly in different comment or same comment in the ICO page ?

Thanks in advance for reply.

Actually i am quit new member in bitcoin talk forum , i just wanted to tell people the update news about btc to verify and get different views as well as opinion . In which section of bitcoin talk forum  i should post about news ? Thank in advance .

Actually i am trying for a while how to centralize bitcoins through few addresses to one address with less transaction/mining fees , Please suggest me a way out if possible , also give me the link for best wallet to do this .Thank you. 

Actually i am pretty interested in Bitcoin, as i am new i really dont know , i just heard it uses SHA 256 , but what is it ? Could you guys please elaborate this to me ?