Show Posts
|
Pages: [1] 2 3 4 5 6 »
|
5
|
Other / Beginners & Help / Re: Newbie in Cryptocurrency
|
on: May 01, 2018, 02:53:58 PM
|
Hi im a newbie in cryptocurrency that why im here i want to learn about it any suggestion or post that i need to read to learn about it?..
well, I suggest that you need to study and research things you need to know before entering into this kind of industry. Crypto is so volatile that sometimes you won't understand its behavior that's why we encourage to do research before entering in this industry.
|
|
|
6
|
Economy / Speculation / Re: bitcoin will end? anynother coin to be next by bitcoin?
|
on: April 25, 2018, 06:30:51 AM
|
Btc price market continues to drop. Hence more people are speculating about the end of the bitcoin. The possibility has a chance to end the system because just recently more people are selling their btc which resulted to market price dropping. Now os it really the end of bitcoin? Is there any other coin that will be probably next to bitcoin? I hope bitcoin will not end so as to continue the good things bitcoin has brought to the investors though i was not able to invest in bitcoin but i am planning in the near future. How about you what is stand against the speculation and the other coin that will be next to bitcoin?
I dont think Bitcoin can be replaced maybe there's an altcoin out there that can beat BTC's value but i highly doubt that is is possible to replace since the value of BTC are the main reasons why altcoins stilkl pumping. BTC are so volatile and speculatuions should be normal in fact Btc is just 9years old and all these years we have saw its lowest and highest value without bursting the "bubble". So for me there's no reason to get scared as long as you're confident on your holdings.
|
|
|
7
|
Bitcoin / Bitcoin Discussion / Re: How Do You Cashout BitCoins?
|
on: April 25, 2018, 04:44:12 AM
|
Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
It varies form country to country there are several local exchanges that directly convert Bitcoin into fiat money and cash it out via remittance, bank deposits, and others. But you can also sell some of your coin into BTC then send and transfer it into digital wallet where you are able to convert it in fiat money.
|
|
|
9
|
Bitcoin / Bitcoin Discussion / Re: Samsung has now entered the cryptocurrency world
|
on: April 24, 2018, 02:41:10 PM
|
for me, this isn't a good news cause Samsung won’t be selling chips to the public that are capable of mining cryptocurrencies. We cant get surprised neither get excited cause Samsung is just doing their job they are just dealing with Big Company. Though, I am 100% sure that huge companies like Samsung are looking for new opportunities using blockchain technology and cryptocurrencies.
|
|
|
10
|
Bitcoin / Bitcoin Discussion / Re: Help me in understanding bitcoins
|
on: April 18, 2018, 07:06:22 AM
|
Hey Guys,
Can you help me in understanding bitcoins , the ecosystem , origin and how it really works. I tried to find them but information is available in bits and pieces so looking forward for your help in it.
Thanks, Gaurav
BTC is the first successful digital cryptocurrency created by anonymous Satoshi Nakamoto year 2009 compare to other altcoins BTC is a legit coin it is made as a new mode of payment while some altcoins are scams but mostly they project themselves as better substitutes to Bitcoin. you can also search for further information on Youtube on how BTC works or just read everything here in the forum. Actually, I learn 70% of everything I know in BTC here in the forum.
|
|
|
11
|
Bitcoin / Bitcoin Discussion / Re: Japan plans to become the Bitcoin capital of the world.
|
on: April 18, 2018, 06:51:50 AM
|
Wow what a good news my friend and thanks for this info.We all know how progressive was japan country amd now they supported crypto currency. well, for me this is a nice move for Japan. Beside the famous anonymous satoshi Nakamoto sounds Japanese no one can deny the fact that Japan leads the technology and advance innovation that encourage traders and investors that it's possible to implement blockchain technology especially digital currency in certain countries.
|
|
|
12
|
Bitcoin / Bitcoin Discussion / Re: bitcoin used to lure people for scam in the Philippines
|
on: April 11, 2018, 03:03:53 PM
|
Im really against in this investment scam in philippines, i remember my friend come up to me out of nowhere asking how he could earn in bitcoin despite the fact that he used to ignore me before. They thought that Joining BTC could help them became instant millionaire because of this kind of investment scam it feeds filipino people wrong facts on how exactly btc works. That's the biggest misconception of BTC and whole crypto currency in philippines that is why theres so many people in philippines failed in this industry.
|
|
|
13
|
Bitcoin / Bitcoin Discussion / Re: As a beginner is it too late ?
|
on: April 04, 2018, 02:39:01 PM
|
Hello,
I'm still learning about crypto currencies and willing to buy some bitcoins. Is it good time to buy?
Thanks
Well, for me you need to fully understand how volatile and unpredictable the BTC and altcoins is., Cuz the usual people who lost so much money here are the people who don't really understand the how Cryptocurrency work so everytime the market goes red they feel terrified and start selling low. Tho, it's really good opportunity to buy BTC now since the price is really low and getting lower.
|
|
|
14
|
Bitcoin / Bitcoin Discussion / Re: Is holding bitcoin Greedy?
|
on: April 03, 2018, 03:45:25 PM
|
Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin? We've all read that story in the school with the moral "Greed is a Curse". So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?
No! there is a big difference between greedy and trader. You join here you invest in bitcoin you hold it then sell. that's how trading works you won't see a trader here who waits for the "drop value" then sell. You came here cuz you want to earn and you're just being wise and clever.
|
|
|
15
|
Economy / Speculation / Re: Bitcoin value
|
on: April 03, 2018, 03:37:31 PM
|
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.
well, for me the reason people believe that it has a value cuz they see and understand its capabilities tho it is true the price and value of BTC always depends on people but just like how we believe paper money has its value, natural resources (Like Gold and Silver) is valuable... cuz government says it has a value basically Bitcoin, Blockchain or altcoins are kinda hard to understand but just take some time and learn more about BTC and you will be surprised to its capabilities.
|
|
|
16
|
Bitcoin / Bitcoin Discussion / Re: What are the advantages of having Bitcoin?
|
on: April 03, 2018, 03:25:39 PM
|
The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? I guess having bitcoins is saving your future asset BTC is transformative and anytime soon people will be going to see its potential. I can't wait to see how BTC will grow in every day people's life.
|
|
|
17
|
Bitcoin / Bitcoin Discussion / Re: Who is Satoshi Nakamoto?
|
on: April 02, 2018, 03:38:03 PM
|
If that's even his name. Just read the bitcoin wiki on him and I'm amazed. Nobody knows him.
Long time passed since he last posted in here. Why? "Busy"? I don't think so. He was active when bitcoin needed support but since the slashdot... Also, it seems has knowledge in many areas, especially economy. He doesn't act like the average human. Not taking advantage out of his creation, leaving without telling anything. Is he even a single person or a group?
How can someone create something so great and not stepping out to get the credit?
If you had watched the documentary titled banking on bitcoin, you will be surprised that Satoshi isn't the only one who made Bitcoin or the whole cryptocurrency idea. have you heard the group of cypherpunk? these are the people who believe that the world needs a digital currency that was anonymous or anonymized using cryptography while David Lee Chaum is an American computer scientist and cryptographer. He is famous for developing Ecash, an electronic cash application that aims to preserve a user’s anonymity. There are more people had been involved in this whole bitcoin and cryptocurrency idea there's Hal Finney(RPOW), Nick Szabo(Bit Gold), Satoshi Nakamoto(Bitcoin), David Chaum(DigiCash),Phil Zimmerman(PGP Encryption), Tim C. May(Cypherpunk mailing list), Julian Assange(Wikileaks), Adam Back(Hashcash), John Gilmore(Cypherpunk mailing list), Wei Dei(BMONEY) These people have been working Digital currency since late 90's and I think Satoshi Nakamoto did not take all the credits because he just believes in Privacy and Liberty just like how he did in Bitcoin.
|
|
|
18
|
Economy / Economics / Re: Why people says gold is better?
|
on: April 02, 2018, 02:50:03 PM
|
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
Natural resources like Gold and silver are the first thing we used as a mode of payment thousand years ago. I don't wonder why there are some countries that accept BTC and not gold, you can put it in the simplest common sense. BTC can be changed into fiat for just a few or more hours while gold needs to verify to its inner and weight., sometimes it will take days but some countries can do it for an hour. BTC itself are so volatile while Gold still remains the same. basically gold is for a long-term asset that you can wear while BTC is like fiat money that you can use for the daily life. They play different roles but they both had a huge role in society and comparison should not be our priority.
|
|
|
19
|
Alternate cryptocurrencies / Altcoin Discussion / Re: Invest or bounty?
|
on: April 02, 2018, 02:26:41 PM
|
Hello! How do you prefer to get crypto? Do you invest or you prefer to join bounty? What is more, you can get tokens for testing a project's beta. For example, KickCity. You can get reward for testing this platform https://kickcity.io/event/5a9d11030cf2cac8e081f3e8You can do both actually.Find some coin that your confident enough that it will give you a huge profit. Tho, Joining bounties is easier than taking risks in investing. take note, I haven't spent any amount of money to get a coin., cuz all the coins I get in bounties I always added it to my holdings and keep myself updated from the latest news about these coins.
|
|
|
|