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2081  Bitcoin / Press / Re: [2017-11-15] Bitcoin can be hacked in 2027, Sydney scientists suggest on: November 15, 2017, 08:37:37 PM
I have already read for these quantum computers and there also expressed an idea about the ability of these new computers to crack various codes, including the block chain of blocking. But until 2027, we have almost ten years. By this time, something will be invented so that quantum computers can not harm the crypto currency.
2082  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin CASH will take over BTC ? on: November 13, 2017, 08:29:07 PM
It's too early to say that the bitcoin in cash will replace the original bitcoin. But there is such a tendency and the probability exists in the future. It is difficult to predict how this will affect the other currency, if this happens. Most likely, it will not greatly affect them. This is a struggle within the bitcoins.
2083  Alternate cryptocurrencies / Altcoin Discussion / Re: why is bitcoin cash rising all of a sudden? is it killing original bitcoin? on: November 13, 2017, 08:20:32 PM
I consider the appearance of various bitcoins clones, taking into account their characteristics, a good process of improving the crypto currency. The original bitcoin is already heavily overloaded and can not cope with the amount of transactions that have arisen. Dimin in seven transactions per second leads to the hang of transactions for a long time. This defect is completely eliminated in bitcoin cash. Significant improvements also have bitcoin gold.
2084  Bitcoin / Press / Re: [2017-11-08] RUSSIA STARTS BLOCKING CRYPTOCURRENCY-FOCUSED SITES on: November 12, 2017, 06:17:33 PM
What authorities of Russia did not like these crypto-currency sites? I would like to hear some explanation from them about their actions. This ban sites is somehow illogical. Or is it really just a test of how society will react to such a ban, then to conduct a more serious attack on the crypto currency.
2085  Bitcoin / Press / Re: [2017-11-11] Germany’s Top Financial Regulator Warns Against ICO Risks on: November 12, 2017, 06:09:23 PM
In principle, recently all have started to talk and discuss the topic of risk for investors in the conduct of the ICO. Such a problem is really urgent and requires an urgent solution. It is necessary either state regulation of the ICO, or independent control by the community.
2086  Bitcoin / Press / Re: [2017-11-02] Banks staying away from bitcoin 'bubble' due to money laundering on: November 12, 2017, 06:00:47 PM
Here the banks are clearly pursuing their goal - to defame bitcoin. The fact is that it is not profitable for banks to distribute bitcoin and increasing support from the community. They know that in this case they will lose customers and their profits. So they try as they can. And the best reason to say that it can be used for criminal purposes.
2087  Bitcoin / Bitcoin Discussion / Re: 40 Companies From China and EU Have Applied to Mine Bitcoin in Russia on: November 12, 2017, 05:43:32 PM
If enterprises from China and the European Union will produce bitcoin in Russia, it will be beneficial for everyone. In particular, Russia may slightly soften its attitude towards bitcoin. Until now, there are conflicting information about the legalization of the crypto currency.
2088  Bitcoin / Bitcoin Discussion / Re: Bitcoin may not be number one for long on: November 12, 2017, 05:29:25 PM
It seems that bitcoin clones - bitcoin cash and bitcoin gold will compete with the original bitcoin after a certain time. What we see recently gives reason to believe that the struggle between them for the championship will still be. So far, bitcoin seriously nothing to fear. He has a sufficient reserve of community trust and a decent gap in value. However, what will happen next, we'll see.
2089  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a currency or asset? on: November 12, 2017, 12:48:45 PM
Bitcoin does not yet fit the definition of currency. It also can not be a commodity, because it itself is a measure of value. The concept of a financial asset is most suitable for bitcoins. Although all these concepts are conditional. They were written and written when the crypto currency did not exist. With the advent of crypto currency, these concepts need to be revised.
2090  Bitcoin / Press / Re: [2017-11-07] Trichet, former ECB President: Bitcoin is not a currency on: November 09, 2017, 03:59:42 AM
From the banker's point of view, bitcoin, of course, is not a currency. Under the classical definition of currency, it certainly is not suitable. However, in bitcoin, there may still be everything ahead of this. If it begins to dominate as a means of payment in the world, then the concept of currency can be changed to a digital currency.
2091  Bitcoin / Bitcoin Discussion / Re: When will banks start a war against bitcoin on: November 09, 2017, 03:52:34 AM
Banks have long been waging war against bitcoin and other crypto currencies and, it seems, they have already lost it. This is evident from the change in the rhetoric of representatives of major banks. It is more often devoted to the need to introduce blockchein technology, the need to introduce its own crypto currency inside the banking system, provide services using crypto currency, and so on. This shows that the banks will no longer be active against the crypto currency, and some statements to discredit it, it will not be harmed by the ever increasing demand for it.
2092  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a mode of payment on: November 09, 2017, 03:41:28 AM
It seems to me that bitcoin is really convenient to pay for large purchases, such as real estate, cars and more. Payment of small purchases by bitcoin, in my opinion, is impractical because of the long time of the transaction. In addition, now the payment infrastructure in bitcoin is almost just beginning, not everywhere bitcoin is accepted as payment for goods or services.
2093  Economy / Speculation / Re: I BUY GOLD OR BITCOIN? on: November 09, 2017, 03:31:06 AM
To buy gold or bitcoin, this will depend on what goal you want to achieve. If you want to protect your savings from inflation, you can buy gold. It is a reliable and stable means of storing value. However, if you want to significantly increase your money supply, but at the same time admit a certain amount of risk, the best way to do this is to buy bitcoin. He in the long run brings a profit that gold can not provide or deposit storage in any bank in the world.
2094  Bitcoin / Press / Re: [2017-11-02] Cryptocurrency exchange to exclude majority of ICOs on: November 05, 2017, 07:46:07 AM
Now an increasing number of exchanges and trading platforms are starting to work. where you can trade crypto currency, and in particular, new tokens, although their number is not enough for free and fast trading. Therefore, the world will do without this exchange, and the exchange itself may lose its profit because of this. Also, the fears of the exchange to trade many other tokens are not clear, since the exchange itself does not lose anything.
2095  Bitcoin / Press / Re: [2017-11-02] Bitcoin is a commodity, not a currency, Allianz's Mohamed El-Erian on: November 05, 2017, 07:35:44 AM
Stupid statement. Bitcoin, even in principle, can not be considered as a commodity, because it does not possess the consumer properties of the goods. Any product can be used either in connection with its useful physical qualities, or for other similar purposes. As a commodity, bitcoin has no value. At the same time, bitcoin is valued as a measure of value and a means of storing value, which is not a sign of a commodity, but only a sign of money.
2096  Bitcoin / Press / Re: [2017-11-02] Banks staying away from bitcoin 'bubble' due to money laundering on: November 05, 2017, 07:26:42 AM
This is one of the traditional variants of far-fetched statements by representatives of large banks to justify their unwillingness to use crypto currency as digital money and a means of payment. In fact, banks are afraid of losing their profits due to the fact that their customers will switch to the use of crypto currency.
2097  Bitcoin / Press / Re: [2017-11-04]Bitcoin hits the mainstream, but is it really 'the new gold'? on: November 05, 2017, 07:15:59 AM
So long as bitcoin is supported by the community, it can be considered a new digital gold. Moreover, with the increase in its rate, this function of the measure of the storage of value will only increase. If such digital gold is stored in a purse, it will occur in an atmosphere of complete anonymity, unlike the storage of its monetary assets in bank institutions, and it is completely safe. It is necessary only in advance to worry that the private key from the purse was in a safe place.
2098  Bitcoin / Press / Re: [2017-11-05] Goldman Sachs CEO: Bitcoin Can't Be Dismissed on: November 05, 2017, 07:03:42 AM
This statement is proof that the banks will not further prevent the population from using the crypto currency, because, as the interest in and support of the community increases, such counteraction to its use would have the opposite effect and banks would lose their clients, and as a consequence , its profit.
2099  Bitcoin / Press / Re: [2017-11-05] New York Preschool Accepts Bitcoin, But Not Credit Cards on: November 05, 2017, 06:56:14 AM
Here, a low percentage of transactions in bitcoin is used quite efficiently, unlike commission when accepting payment by credit card or other similar methods. However, the administration of this preschool institution can not be accused of using crypto currency for personal gain, since all operations are well documented.
2100  Economy / Speculation / Re: Reasons Why Bitcoin Price Drops on: November 02, 2017, 12:28:52 AM
I see while two main reasons on which bitcoin loses its value for some time. This is inherent in all kriptovaleute volatility, when a sharp fall is not caused by any objective reasons, and the fall in the rate is caused by the usual waviness of its growth. The second reason for the fall is some bad news, as the recent drop in bitcoins and other crypto-currencies resulted from news about the banning of ICO in China and the restriction of the circulation of crypto currency in this country.
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