In economic theory there is a definition of the concept - Money.
Bitcoin corresponds to all characteristics of money. We make a conclusion-bitcoin Money.
“Bitcoin corresponds to all characteristics of money. We make a conclusion-bitcoin Money.” But by that logic it also falls into other categories like asset, investment, etc |
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No bitcoin not dead and i guess bitcoin will never be dead her price increase all the time and he will stay increased till he achieve 50.000 dollar than he will fall .
Where are you getting such a random number of 50000$ from though? Do you have any actual proof or analysis of why you think that will or will not happen |
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It’s pretty harsh on the environment indeed but ther’s a limit supply of BITCOIN left any way and cryptocurrency is switching from mining to other way of earning
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yes. the fee its extreamly annoying . but if you smart trader you can use any tricks to cover it.
1. use altcoin as optional . in this case i prefer use ETH or BCH or LTC . its most Popular and Big Volume trade in market.
2. use Custom FEE . but i will take a long time to get confirmation in tx . i did fee $3 for send $80 . confirmation 1 after 2 week almost 3 weeks .
Im running a small business sending bitcoin to a merch and for two weeks I had no business because i sent too low of a fee. I am not sure whether I have understood your concern correctly. But lets take an hypothetical example. If you need to send $100 to a different address and the wallet is asking for $35 fees, then your total expenditure will be $135 for that transaction. The transaction fees are extra which is added with the transaction. So if you are sending $100 to someone, $135 will be your final expense. I hope this helps!
I had a hard time wording it myself so sorry if u didn’t understand. What you said makes helps I just thought there was a loophole. Then you have no choice but to either use a higher fees to help out your customers or convince them to switch to a good low fees altcoin |
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Nah I always knew about the safety by using an escrow so I always did my transactions pretty safely with the help of a legit escrow at all times .
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I know a lot of people have different reason why the love and embrace bitcoin.
For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
The way on how bitcoins increase and decrease on the market is very fascinating and unpredictable. This things makes you think on how you are going to have your own strategy to earn more profit. You can also work on different ico's and it was very easy because you work at home and less bills like transportation or food. The number of bitcoins don’t increase and decrease on the market only the price rises and falls. Yeah the net supply changes due to more and more being mined. |
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
i am a new comer thats why i still do not know if my bitcoin will be secure but in my real opinion and for the help of my higher members i will listen to their advise so that my bitcoin will not hack... If I’m not mistaken we have once come close to an actual 51% attack when a certain mining group managed to reach 51% of the mining pool so not really |
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Bitoin will reduce Unemployment at this moment coz it will help us to grow more our financial needs, but in the long run it will help the whole ecosystem just in time. If Mass adoption will happen in the next phase then it Unemployment will decrease..
How is mass adoption of BITCOIN remotely related to reducing unemployment? That’s like saying if the world stopped using USD and used EUR instead we all would have jobs |
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Probably about $2000, and for a beginner like me I think it's huge. I can not get that kind of money from my old job.
That’s actually not bad for a beginner I’d say, that’s actually pretty good, lets just hope you didnt cashout BITCOIN when it was yet to moon at like $1000 each or something. If so RIP |
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Its so simple if you are registered with any crypto currency exchange you can directly transfer your ethereum from etherdelta to any exchange and then you can sell your ethereum for btc on that exchange and the charges to transfer ethereum is very nominal might be they can charge 0.001 ethereum per transaction.
He can use something like shapeshift and changelly too if he doesnt want to make an account on an exchange seems way more convinient than an exchange |
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Just wondering if ETH can
Every coin can reach the Bitcoin's price, and I hope that we will see some altcoins which have prices like bitcoin's. Ethereum have a good potential, but bitcoin is still the king of the cryptocurrencies, and it seem like that will continue for a while. As long as Exchanges only use BTC/Alt coin pairs BTC will NEVER lose it’s dominance. BTC gets a lot of its current worth from JUST that being true |
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For me, yes you could be a millionaire by the help of bitcoin. I have read some article that they become billionaires with the help of bitcoin, and they are Cameron and Tyler Winklevoss. So if they become a billionaire, I’m sure that we can also be a billionaire in the future. Just work hard and think smarter to make sure that you can be a billionaire.  Yes it is absolutely true because when bitcoin was launched it was much low in price but later it became the world rank 1 digital currency. Many people invested their money in it and when its value raised and exceeded much from its actual value then investment made many people millionaire and changed their life style. In earlier time, when it was launched its price were nothing but now bitcoin became the most expensive digital currency just because of its price. He could still invest in the other altcoins and mutlily his money though, like early adopters or ETH would too be in a similar situation right now lol |
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Based on the last big fall from 4 years ago then you might expect a slow fall throughout 2018 to end up sub 4k.
Problem is, this time bitcoin is broken, so unless it gets fixed there's no reason it can't go lower. I mean, how can something that doesn't do what it was meant to, be worth $1 million let alone $200 billion.
The bigger risk is something becomes bigger than btc (possibly eth) but that could then trigger a sudden realization that there isn't anything particularly special about btc so could then fall yet further.
Bitcoin isnt broken there is too much politics, lighting network might be able to fix that if stuff starts to work out and bitcoins might become fast like ltc and other forks of bitcoins |
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What's the best way to exchange btc for fiat on exchanges for trading purposes? And which exchanges do that?
Excluding local bitcoins. Thanks.
All things considered it is relied upon your nation that which administrations they are giving to trade bitcoins. Since in each nation there are diverse administrations to trade bitcoin. So I might want you to recommend you a YouTube and Google look there which one is best trade in your nation for encourage more you can drop down another announcement. |
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It's good to buy bitcoins now and that $100 will matter now. It can be doubled or tripled after August 1. Don't look for some other alt coins but there is a chance that alt coin price can go up 10x too. But I will suggest that just go and stay with bitcoin for now, buy while you can now. The price is cheaper.
Correct right on the off chance that we purchase bitcoin now with $100. So we will get more bitcoin on $100 which will give us an ideal outcome after 1 august so in this way I am concur with you our $100 will be twice or trice in the event that we put resources into bitcoin and different altcoins. So in these suppositions I am concur with you that you are correct. That going for bitcoin is a useful to put $100 in bitcoin. |
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investors are playing long term
it is common folks or small holders who are panicking and selling
today we saw a low of 1810$ at one point!
the price has recovered some,but to be losing almost 200$ every day for several days.... anyone could panic
but this is when you have to decide:you either hold and wait or try to sell and short it,or even to stay in LTC or Dash or ETH for the time being
as I had mentioned,I sold and was right,I could have rebought at 1820 ish if I wanted to
Why did you mention alts like LTC or Dash or ETH? They always crashed with BTC and i don't think it will change for some months or years Entertaining companion, that you have said that bitcoin is smashed, you may don't have a legitimate information about digital currencies thusly you are stating that. Bitcoin is simply actualizing there cros accordingly the market of bitcoin is going down, however in one hand it is offering chance to individuals to contribute. Since now a days bitcoin is going high which is very conceivable to trice your contributed salary. |
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Trezor Wallet (Sorry I didn't read your thread title properly.)
ah.. so thats sort of an "offline" wallet? Blockchain is additionally better I will propose you "coinbase" in light of the fact that it is free, considerably less demanding than different wallets of bitcoins. While blockchain is additionally best one to keep your bitcoins. So as I would like to think if there is any wallet on the web which is putting away bitcoins are better. There is no alternative to store in pockets. |
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It's a play with upside potential that is for sure 3K could happen again, if it bounces back after Segwit2x on the other hand things could still get more messy from here. Basically its a buy when others are fearful sell when others are exuberant situation.
Still as good a time as any to risk a bit on an outcome.
15000$ could be occur in this year if bitcoin begin by and by the part of Segwit in bitcoin. Since it will help the exchanges, support the market of bitcoin much better than anyone might have expected. So some of execution are being held that is the reason it goes down. After 1 Decemebr it will wind up plainly 15000$ or possibly more than that. |
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We have seen it before so why not.
btc has no bottom when it comes to a debate
The losing side if its a split could see it but the main split will not unless it loses a significant amount of support in the near future, post split. Otherwise its just a non-risk from today's view. Truly I concur with you that there is no hazard from the present perspectives. As bitcoin assuming an awesome part in the economy providing for individuals chance to put resources into bitcoin by and by. I will return to the market with all the more effective. So along these lines there is no loses a signifiicant measure of help sooner rather than later. |
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Indeed many traders can not control emotions. Because before they buy anything they never run the coins. If before buying a coin in the analysis first. The trader will never be emotional.
That is correct! Feelings for the most part destroy the exchanging plans of a financial specialist. A nostalgic individual can't prevail in bitcoin exchanging until and unless, one has extraordinary order over feelings. At the point when the costs dump, new financial specialists get terrified and offer coins low which at last place them in misfortune. |
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