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October 18, 2018, 03:11:15 PM *
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621  Bitcoin / Bitcoin Discussion / Re: Why and Who ALLOW the Bitcoin Hardfork? on: October 23, 2017, 04:24:53 AM
Anyone can fork and create their own version of bitcoin because it is an open and public system and program, you name this version of bitcoin your own but you need to have enough mining hash power and the majority of people miners and investors to support this newly fork bitcoin that will be released on the market and face its fate whether it will succeed or not. If i'm not mistaken the bitcoin already forked 600+ make it sure your version of bitcoin have a great features and potential so that it will survive in the market.
622  Bitcoin / Bitcoin Discussion / Re: Bitcoin a political coin on: October 23, 2017, 04:05:29 AM
I think bitcoin is just a victim coin that just being used repetitive by their greediness and selfishness agenda just to have more profit, power, and control over the market of the digital currency, that is the nature of the human to begin with. doing everything and anything they can even it is beneficial or harmful to the society and its people just to gain dominance and control over to it. the Banks, Government, Big, Powerful and Richest person has one thing to their mind and that is to have the best chess piece and manipulate it.
623  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin finally impact the Fiat currency values across the Globe ? on: October 23, 2017, 03:50:06 AM
It slowly impacts the value of currency for the other countries, we can't feel and see it right now because it is too early to assume that the bitcoin will be dominance over the currency as it is still premature and experimental coin to begin with. Some countries will more likely ban this coin as it possess the potential that the government cannot control nor rule over it. The best thing to do now is to support and invest to this currency as the future will be innovate and adapt this kind of digital monetary.
624  Economy / Economics / Re: What would be the possible impact of BTC in the economy of a country? on: October 22, 2017, 06:33:43 AM
The good impact of bitcoin to the economy of the country is that it will open a brand new opportunity and jobs to its citizen, brand new development of currency systems to the establishments and corporations implementing the bitcoin or their own digital currency with the help of the blockchain technology. modernization of the currency structure of the state and produce job based on this new currency make the transactions and payment easier and more manageable.
The bad thing about this currency is the anonymity, if the government will completely legalize and adapt to this type of digital currency they need an implementation and restrictions towards the use of wallets and coinbase exchanges locally as this will be a tool to used to any criminal forms of activity and scammers. It is not yet stable, any day it will go up and down to its price making it not advisable to use it in everyday activities. Bitcoin is still an experimental currency but in the near future we will see that some countries will try to adapt to the digital coins.
625  Economy / Economics / Re: Why Big Banks are so Nervous About Bitcoin ? Why ? on: October 22, 2017, 06:14:20 AM
Because some traits and potentials of the bitcoin currency and blockchain technology that behinds this currency are the opposite of central banking and it has already taking popularity through different countries all over the world. If the bitcoin succeeded to its original goal to eliminate the middle man or central control of the money, they have no choice whether to adapt their system to blockchain technology or refuse into it staying on the traditional banking where they are the one who manage to the money.
626  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a Bubble that is just waiting to pop? 6000/8000!! really? on: October 22, 2017, 05:52:18 AM
They said it's a bubble because your family didn't really know what the bitcoin is. Last 2010 people call bitcoin a scam coin, don't invest into it, they just need your money, that is just another money laundering machine and now to the present times where it proves that they were wrong and the price is overflowing and setting another record over the market, they have another vibe into it. A Bubble that pops out and then the value will be zero, what's next people? they will regret it again because they did not invest when the bitcoin is still thousands of dollars.
627  Bitcoin / Bitcoin Discussion / Re: BTC SPLIT on: October 22, 2017, 05:31:44 AM
What type of wallet should I put my bitcoin in to ensure I will get both currencies (Bitcoin and Bitcoin Gold)?

Should I leave my BTC on coinbase (which apparently is a horrible idea) and from what I have read, people who had BTC during the Bitcoin cash hardfork did not get their bitcoin cash. I want to ensure I get what I technically own.


You can check some exchanges that will support bitcoin gold after the fork so that you will have your free BTG that time, but the recommended and safest way is to store your bitcoin in a offline wallet or a wallet that issues your own private key so that after the fork you can check some application wallet that supports BTG and then use the same private key where you store your bitcoins and then claim your free BTG without doing nothing, just make sure that is the official wallet of BTG as some hackers will create fake application just to steal your bitcoins so be careful.
628  Bitcoin / Bitcoin Discussion / Re: How Can We Make Sure Bitcoin Never Ends? on: October 22, 2017, 05:10:12 AM
The bitcoin proves itself already to the people who keeps bashing it and spread hate and bad news everywhere by the people who have a sick opinion over and over again that they are wrong. It proves that it can survive even though we know what happened  to the china about banning the ICO and exchanges to their country and some people use that opportunity to spread lies that bitcoin currency banned but just the ICO's.
Some people like Jamie Dimon keeps on giving a bad comments about the bitcoin but still bitcoin doesn't care and keeps on increasing.
We can make them wrong by continuing the support and love to this currency and it will never ends.
629  Economy / Speculation / Re: What will happen on nov 25? on: October 22, 2017, 05:01:13 AM
The sudden increase of the bitcoin's price is due to the upcoming hard fork this October 25 for the bitcoin gold as a lot of investors and traders most off all from alt coins shift and trade their coins for bitcoin and keep it on a wallet that they own the private key, this is because they can gain the same amount of bitcoin gold as the amount of bitcoin that they have without doing anything and earning over one day, that's why most of alt coins have their decreases while bitcoin have increase.

Now on November 25 it will have a slight downward to its price due to the people who are selling their coins back to alt coins again but at the end of this year we expect it to raise up to $7000 plus.
630  Economy / Economics / Re: Natural money on: October 21, 2017, 06:22:06 AM
It is not literally an exchange of natural goods like in the old times like barter exchange, this idea of system uses crypto currency technology "Blockchain" computes the goods by the formula S = T*N for the S is the value of goods and T is for the Time spent of making goods and N is for the quality factor of time spent following the principle of Silvio Gesell the Natural Money is a great idea with the implementation of it in the blockchain based technology.
631  Economy / Economics / Re: Bitcoin regaining dominance. on: October 21, 2017, 05:59:18 AM
It goes to $6000 plus now a days that's really a large boost for this month as the hard fork will come and the free BTG will give after the fork that's why there is a lot of people who are investing or moving their coins to bitcoin steadily storing them with the wallet that they hold the private key. But the truth is bitcoin will always dominant over the altcoins.
632  Economy / Economics / Re: The magic of Money management on: October 21, 2017, 05:39:41 AM
It is really nice to set a rules in terms of money for management of it. This is money, one of the basic and primary need of the human kind and if you fail to do so you will end up with no money or less. Self-discipline, Awareness and Knowledge will bring you to a good profit with a good plan of management list for monetary, plus management in the digital coin will give you a boost to a good profit because of the sudden increase of it. always remember to not depend always in money, because it can't buy anything.
633  Bitcoin / Bitcoin Technical Support / Re: Is it safe from hackers to save private key in a flash driver? on: October 21, 2017, 05:17:04 AM
Is it safe from hackers if I save private keys in a pdf or txt file and store it in a USB flash driver. This USB flash driver will never touch a computer since then?
Yes. But when you connect the pen drive in a PC connected to the internet, the risk will be the same as storing them in your HD drive. The best option would be to disconnect from the internet when you want to import your private key and sign a transaction.
Yes that's right, the risk is always there as long as you have an internet connection, you connect your flash drive on a computer full of private key stealer viruses with internet, expect your coins will be lost. if you still prefer to use flash drive then don't you ever connect it to the computer with internet access, use an old computer then isolate it on the internet just connect your flash drive there and your safe for signing the transaction.
634  Bitcoin / Bitcoin Discussion / Re: What is the most attractive concept about Bitcoin? on: October 21, 2017, 05:10:06 AM
The most attractive thing that the bitcoin has to me are the ability to be used by an ordinary individual, unlike banking you there is a specific requirements and deposit in order to open an account to the bank, sign some papers and come to an agreement to open your account there is a lot of come around before you register to their banking system, in other way around is the bitcoin's ability to be used and open some wallets without restrictions and requirements.
All you need to have is a android phone or PC connect to the Internet, download a wallet software and then generate the private keys and that's it you've already open your own bank account in your own bank in the technology.
 
635  Bitcoin / Bitcoin Discussion / Re: Bitmain database leaked on: October 20, 2017, 11:27:37 AM
They need to do an action about this concern to their security measures as the bitmain database has been compromise and now for sale, if they've been already hacked last time they need to learn about it. They need to strengthen and secure more their database from the hackers as the personal information of the clients is at stake and can be compromise by the criminals. I hope it is not real as the info of the clients is in danger indeed.
636  Bitcoin / Bitcoin Discussion / Re: Future of bitcoins on: October 20, 2017, 11:17:28 AM
Sooner or later the central banks will adapt the blockchain technology for the bitcoin as their system of banking and payment some them will refuse to emerge on this currency and remains on the traditional and old banking system, the future of the bitcoin will all depend on us because there is no individual who owns this currency but we owns the bitcoin, the future of this coin will be innovation or destruction, but the blockchain technology will surely be one of the systems that will adapt by the people.
637  Bitcoin / Bitcoin Discussion / Re: where do I place 100k? on: October 20, 2017, 10:58:29 AM
If you want a fast and easy results, try to invest in digital coins specially bitcoins and other alt coins out there in the market, don't just focus in bitcoin you can divide your money to other legit altcoins that have a great potential to win the market, do cypto trading to earn fast results as they have a high volatility but do it at your own risk as you can lose some of your money so better to study it first. You can try cloud mining, just find a website that is legit and have a good feedback because there is a lot of scammers.
638  Bitcoin / Bitcoin Discussion / Re: Bitcoin Surging Means New Storage Fears as Users Take Extreme Measures on: October 20, 2017, 10:52:38 AM
That's really an extreme ultra cold storage to store the bitcoins in a sophisticated storage with extreme security varieties located in the mountain, it is like a gold bars now about how they treat its storage, never blame them because of the bitcoins price sudden increases everyday, it is good for the multi millionaires bitcoin holders and big personalities to store their coins there, but for us we are contended with the Trezor or ledger nano s and for cheaper ways we use paper wallets.
639  Economy / Service Discussion / Re: WTF coinbase on: October 20, 2017, 10:27:11 AM
My coinbase application has some issues like this sending coins to another brings up error and then sudden change on the transaction fee, slow response when i'm about to cash out, poor security and a lots of complaints about the system error, the main thing to do is to wait or contact the support of the coinbase application to help you out or better thing to do if there is no legitimate action, it's time to change your coinbase.
640  Economy / Speculation / Re: Reasons Why Bitcoin Price Drops on: October 20, 2017, 10:21:16 AM
It always reach it's price drops yearly but that is just the emergence to its skyrocket price always remember that is the life in the digital currency just like alternative coins they reach the point where they have a drop of 20% to 40% to that day but bounce back to its former price the next day, another thing to consider is the selling of the peoples bitcoin the more bitcoins they sell the more the price will decrease, another thing is the banning and bad rumors spreading through out the people.
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