seeing bitcoin prices go down and up, I'm a bit frightened to buy bitcoin at the moment, I judge I could lose, do you think, whether bitcoin prices can continue to go down, or even rise high?
If you are frightened to take a risk, then I a guarantee you that you will not get any reward. Rich people take educated risks and therefore it results into the boost of their assets. Buy now before the bull run occurs on the last quarter of the year. You can buy atleast one bitcoin so that you do not have that much to lose. Either way, you will still get some profit because bitcoin will soon pump. yes agree, I strongly believe that blockchain technology and cryptocurrencies are the future. This is why I believe the price of Bitcoin will increase. i think its time to buy Bitcoin , trading bitcoin must be smart to take a chance, I means in generally we know the price of Bitcoin usually changes because of the bad news that is published about it. |
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Thank You very much Eternu for your reply and opinion, I will definitely check the link you gave me. And also i am planning to participate in Airdrops. Hope it will be beneficial for me  Lets Do it friend , you can got with other way , such a bounty campaign and a lot of campaign you can follow and got some token .  |
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I strongly think that government should legalise bitcoin, because it may become a great revenue source for the goverment by imposing taxes of more than 30% and it can develop our country in so many ways.
Agrees with you, Bitcoin becomes a promising investment ground. Many people are in droves to buy bitcoin for sale again when the price is soaring. If only a country legalized and taxed the transaction from the bitcoin investment then it would be a very beneficial asset for the country itself. |
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I am very confused about this market. Two days greenery then suddenly 4 days red. I think this happended due to money makers. Most are coming to money making from fluctation. Because of this fud or any bad news there , these people get panic and selling then whole market crash.
But people like us , invest to the technolodgy. What ever the thing has happen , we think that this has good future.
This is my opinion. Why more red days and few green days
Bitcoin which makes it a trading asset more than those who actually use it as a medium of exchange, because the relevance of Bitcoin itself is still minimal, so its use has not been spread and familiar among the wider community. Many users then prefer to take advantage of Bitcoin as a trading instrument in investment activity, a move that is often speculative in nature that obviously has a big effect on Bitcoin volatility. |
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I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
Bitcoin has value because Bitcoin is brilliant. Bitcoin is able to transform the Internet from a data transfer system into a value transfer system, a very cheap Bitcoin transaction cost even close to 0, giving users more benefits when compared to a credit card transaction cost of 5% of the total money spent, for bitcoin. |
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Maybe such an issue has already been met, but I have not heard. What do you think if Facebook releases its coin? Is the success of this coin?
It seems like it will be successful, because facebook is the most widely used application so they easily introduce their coins and maybe many will be investing with their coins if realy realized. |
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Hi, have you ever thought this? You know that, to import a wallet you need the private key or your seed. Taking as example the private key (the 52 letters key). It could exist the possibility someone create a software whose function was to try thousands of times to find the private key till it is be done.This would be like the process to find the new block in mining, anyway you can try the times you want in order to find it. I think this could be a weakness, correct me if I am wrong. Or comment if you have a kind of solution for this... Regards! Bitcoin itself is not the only Cryptocurrency that currently can be used, there are several other systems that also provide similar products. But from the survey results, stated that Bitcoin remains the most popular among others. This is in line with respondents' beliefs, 47.9 percent believe that by the end of the year Bitcoin's conversion value can reach 60 million. |
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Hey guyz
I am complete noob in crypto. I need to know what is a blockchain? How to use it and what if it goes offline? What affects it will occur on bitcoin.
I have tried understanding it but it looks very complex There may be a simpler way to understand it guys
Thanks for the help
Blockchain is internet version 2.0 .. Blockchain technology consists of blocks that hold transactions, where each block is interconnected through cryptography, thus forming a network. Bitcoin is the first implementation of Blockchain technology. Most of the world of cryptocurrencies technologies such as Bitcoin rely on database forms with the advantage of being able to track large and secure transaction volumes. |
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Blockchain is the most disruptive technology since the Internet, and its arrival raises hard questions about how — or if — judges and governments can control it. Should federal agencies, for instance, seek to impose “net neutrality” style rules to promote fairness on blockchain networks? Should treasury departments run mining operations to influence digital currencies like bitcoin? Read more: http://fortune.com/2018/05/10/blockchain-law/All the countries so far are still groping the most elementary forms of anticipation. The ability to see far ahead and the intelligence of specific thinking is the prerequisite. The road to cashless society is long and winding. digital currency issuance will increase efficiency and effectiveness, because it does not need to keep printing physical money, but can circulate money in digital form. |
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until when will Indonesia be like this?... his government has not given the maximum permission to use bitcoin, whereas, bitcoin has given a new color for the people of Indonesia. bitcoin has changed the economy of Indonesian society.
i read news from indonesia :
Bank Indonesia (BI) reiterated that investments in digital currency or cryptocurrency are very risky. Therefore, BI advises people to avoid investing in this type of digital currency.
Agus Martowardojo, Governor of BI noted, there are currently as many as 1300 types of digital currencies circulating in the world.
The prohibition of this digital currency because it has an unclear underlying and from the side of consumer protection is still very low.
Moreover, according to BI, this digital currency can be misused as a means of money laundering and terrorism.
yes this is true, legality in Indonesia has not got it, until now Bitcoin can only be used for investment and can not transaction or buy goods. yes hopefully the future bitcoin can be accepted by the Indonesian government, because really you say Bitcoin has given a new color for Indonesian citizens like me now, I can change my life specifically in terms of finance. |
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A great article , I think is good idea because it make easy to people know much about Blockchain technologi and profound knowledge of blockchain, digital currencies, smart contracts, distributed ledgers, Bitcoin, Ethereum, and emerging technologies in the cryptocurrency space. Yes nice arikel, hopefully Facebook can disburse his plans for digital currency, because Facebook is the most widely used applications and with it blockchain will be more easily known by everyone, this is my thinking only? |
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So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?
If bitcoin or other cryptocurrency is widely applied, the entire banking system may become irrelevant. While this may sound like an excellent concept for the banking industry recently, there are two sides to every story. Without the bank, who will you call when your mortgage payment gets hacked? How will you earn interest on your drink? Who will provide assistance when asset transfer fails or technical errors occur? |
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After surfing through the good side of BItcoin I was asked to give reasons why bitcoin won't last by a friend I searched through the web and found the following
1: Exposure to Bitcoin-Specific Scams and Fraud.
2: Black Market Activity May Damage Reputation and Usefulness.
3: Susceptible to High Price Volatility.
4: No Chargebacks or Refunds.
5: Potential to Be Replaced by Superior Cryptocurrency.
6:Environmental Ills of Bitcoin Mining.
7: Bitcoins Are Not Widely Accepted.
8: Wallets Can Be Lost.
9: Risk of Unknown Technical Flaws
10: No Physical Form
Guess what non of those mentioned above was big enough to discourage my friend from joining Cryptocurrency (buying bitcoin).
Which of the following disadvantages are you afraid of and how do you think it can be resolved
No chargebacks and refunds, can not cancel a transaction or refuse a bitcoin transaction because of its one-way nature. This digital currency is based entirely on mathematical calculations and consensus, so it takes extra care of heart because a little mistake can be fatal transaction |
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Just use Trezor or Ledger and you will be safe
Yes I agree with you, Every Trezor has a pin code. If your Trezor device is stolen by someone, that person will not be able to use it to access and steal your money. With Trezor, even if the computer you are using is hacked, the hackers will still not be able to get your pin code. |
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This spanish bank made a loan using blockchain!! "Blockchain can offer clear advantages for all sides in the corporate loan market in terms of efficiency, transparency, [and] security… It’s another strong example of how disruptive technology can be used to add value to financial services, something that is central to our strategy.” https://cointelegraph.com/news/spanish-bbva-becomes-first-global-bank-to-issue-loan-using-blockchainI found this super important for the future of blockchain, as a good example on how blockchain will benefit banks, instead of taking the banks place. If the bank can adjust, it is not impossible that the presence of technology such as Blockhain precisely so an opportunity. Creating a conducive ecosystem is also needed for Blockchain technology to be optimized. The development of information technology is difficult to dammed. If careless, technology can make the bank slumped. |
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