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1  Economy / Economics / Re: Bitcoin reduces unemployment on: April 11, 2018, 04:26:04 PM
I agree, Bitcoin industry is able to create new employment from scratch, there are so many unexplored (yet) possibilities from which we can improve our society, thanks to Bitcoin

I agree with you. I think in the presence of bitcoin will reduce unemployment, because searching for bitcoin also requires hard work and creativity, and competitiveness in bitcoin is also high almost similar to work in the real world
What is your opinion this time?

2  Economy / Economics / Re: If the government supports bitcoin instead of the existing currency. on: April 10, 2018, 05:26:12 AM
The government don't like bitcoin just have a decentralized system, they will use a various way to make bitcoin die. If they have authority for change a system bitcoin and they have authority to intervention every society who will make a transaction maybe now bitcoin will accepted by every country. And not impossible bitcoin will get national credit, because they can control everyone who make a credit.

But for now bitcoin still have a decentralized system, there is no everyone can able to change bitcoin system. Before they announced to have regulation ban bitcoin they will consider affect bitcoin to economic country, they will inspect before and see good and bad if they ban or accept bitcoin. So, who know? I will know it will not happen.
I totally agree with you. This cannot happen. Government cannot support bitcoin as well as kill bitcoin even if they try. This happen for several reasons.

Bitcoin is a famously dececentralized cryptocurrency, a system of storing value, and a somewhat less-effective transaction medium. It allows near-instantaneous transfers all over the world without a middle man or regulatory body giving it the go-ahead. Fans of cryptocurrency fear government regulation could ruin it, but they shouldn’t be concerned. Any attempt control bitcoin simply won’t work.

Beyond the difficulties presented by the decentralization of bitcoin itself, governments and regulatory bodies have shown they lack understanding of technological topics, and bitcoin is one of the most complex. As governments struggle to ban technologies like Tor and encryption, it seems impossible to imagine them gaining the ability to truly impact bitcoin – and its alt-coin contemporaries – in a way that could impede its progress.

 - Historical precedent

The oversight jitters are understandable. There have been some attempts at regulation over the years, and now that bitcoin’s value has spiked to unprecedented new heights, there is greater discussion than ever from governments around the world. Perhaps it’s no wonder that half of those surveyed in a recent report of bitcoin owners claimed they didn’t want any regulation of cryptocurrency in the coming years.\

In December 2013, the Chinese government banned financial institutions from using bitcoin, causing a downturn in the cryptocurrency’s value that would set a precedent for its worth over the coming years. Less than a year later, in April 2014, several Chinese bitcoin exchanges had their bank accounts closed. That spurred concern that government oversight limiting access to fiat currency (traditional, ‘real world’ currency) could be lead a wave of future regulations to curtail bitcoin’s growth. Yet loopholes in the crackdown meant many exchanges stayed in business, and bitcoin’s price rose some 25 percent in the 10 days that followed.

The U.S. has made localized attempts to regulate specific aspects of bitcoin. New York State requires a “BitLicense” for bitcoin related businesses, with specific rules for employee vetting and identification. Just last month, the IRS won a landmark ruling to gain access to information about 14,000 historic Coinbase accounts, in an attempt to gather back taxes from owners.

While some of those instances are more concerning than others, none of it has stopped bitcoin’s growth. That reveals the flaws of any future attempts to crack down on bitcoin’s use.

 - Bitcoin’s intrinsic impossible oversight

There are several key components to bitcoin, and its fellow cryptocurrencies, which make them successful as methods of transaction, and stores of value. They’re easy to transfer, no middle-man is required, and they can’t be linked to owners who don’t want to be identified. These are all big problems for any government wanting to have a greater say in how they operate.

Bitcoin is not linked to any territory or financial institution. There are tens of popular exchanges, and even if there weren’t, all you need are wallets and a network connection to be able to conduct bitcoin transactions. The blockchain it’s built upon does not require any one institution to operate it, and indeed is the complete antithesis of such an idea, operating as a public ledger rather than a private one.

Without that central location to shut down, any meaningful crackdown would have to be a global endeavor. Even if a country was to somehow prevent bitcoin transactions from taking place within their borders, a simple VPN or Proxy system would let users operate internationally with little issue.

If governments could effectively stop a peer to peer network, they would’ve shut down the illegal practices of torrent websites over a decade ago. Even the success of the hydra-like torrent sites isn’t a perfect analogy for bitcoin, though, because cryptocurreny’s legal status is far easy to debate.

A fairer comparison would be the so-called dark web. Although individual sites, servers and people involved with various activities on there may occasionally be arrested for illegal activities, it would be ridiculous to think any government could regulate the entire network. Trying to ban bitcoin or regulate it in a manner that allows actual oversight would be much the same. It’s impossible on a technical level.

Even tracking individual people who own specific wallets is difficult. While the public blockchain might allow governments or law enforcement to track down certain bitcoins, tying them to a real-world person is very difficult. An owner can hide his or her identity with a VPN, Tor, or even physically move a wallet into cold storage (offline) form, making it invisible to the world.

Is there any wonder that bitcoin is being used for money laundering, ransomware and other organized crime tactics? Take the additional step to throw your bitcoins through a tumbler that jumbles up your bitcoins with many others, and then spits them out into another wallet not linked with the original, and the trail quickly goes cold.
3  Bitcoin / Bitcoin Discussion / Re: king of all coins on: April 09, 2018, 04:04:33 PM
The thing that makes bitcoin is king of all coins because bitcoin becomes first and all the first will always be profitable, bitcoin gets the most support from devs. thus making bitcoin very popular.
A good opinion and I agree with your opinion.
Anything connected is at the beginning then he will get praise from everyone, let alone bitcoin able to give everything to the person they ask so what bitcoin power is still high popularity.

Bitcoin is open-source which means developers can play with blockchain technology and make their own altcoin. Personally, I welcome diversity in cryptocurrencies because this adds to decentralization and more choices lead to greater freedom. That said, everyone and their grandmother is pumping out new coins and some of them are outright scams.

Occasionally there’s an altcoin that gains traction and becomes popular. The popularity usually coincides with a strong bull run and positive media hype. Supporters get worked up in an overexuberant bullish frenzy and make wild eyed claims about the death of Bitcoin. Everyone wants the king’s crown!

As much as I love a good rally, altcoins and “private bankchains” need to show a little respect to their roots. Here are ten reasons why Bitcoin is still king:

#1: FIRST MOVER ADVANTAGE

Bitcoin is the first functioning model of a blockchain and has the advantage of having a head start. There are only a few million cryptocurrency users in the world and the majority of them own and use bitcoin. The Bitcoin industry has had more time to mature than any other coin.

#2: THE NETWORK EFFECT

People naturally gravitate towards what’s popular. Money is a medium of exchange within a society and faith between its participants is the only thing that gives it value. The network effect is an important factor for money because we all want to trade and hold what the majority of participants feel is valuable.

#3: LIQUIDITY

In order for a currency to function properly the markets need to have liquidity. Healthy markets mean that miners can pay expenses, merchants can easily convert into fiat and serious traders can place large orders.

Bitcoin has the highest trading volume which technically includes any altcoins paired against it. Altcoin values are generally measured in satoshis, which makes bitcoin a sort of reserve currency for the crypto markets. New users who want to buy altcoins usually need to buy BTC first.

#4: BRAND RECOGNITION

Bitcoin is a popular brand. Even people who don’t use Bitcoin still likely know its name. Blockchain tech is respected in legacy finance and you can’t explore it without first having looked at Bitcoin.

#5: ALTCOIN DILUTION

There are many interesting altcoin projects that once had their moment of glory. The problem is that new altcoins are pumped out every week, which pulls users and liquidity from more established projects. The altcoin markets are diluted and many of them are used as pump and dump schemes.

#6: STORE OF VALUE

bitcoingold2Bitcoin is being established as an alternative asset class to store value. Its limited supply makes it a form of digital gold. Individuals who own bitcoins are in full control of their money which makes it a nice hedge against a faltering banking system.

Bitcoin has its bull and bear markets just like precious metals but it’s the only cryptocurrency that’s proven to be a good store of value. Altcoins may be profitable markets to trade but have a poor history of losing value over the long haul. Any serious crypto trader knows to lock their profits in bitcoins.

#7: SECURITY

Bitcoin is the most secure blockchain in the world. It has more peer review and testing than any other coin. Bitcoin has paved the way for blockchains and is on the front lines taking a beating for the ecosystem. It’s been declared dead at least 99 times and subject to multiple attacks and yet it still stands today. Every time Bitcoin survives an attack it becomes more resilient.

#8: MATURED INDUSTRY

The Bitcoin industry has matured greater than any other altcoin or private bankchain that exists. Bitcoin has the highest rate of merchant adoption, services, ATM’s, exchanges, fiat pairings, users and wallets. As a result most new users are first exposed to bitcoin before exploring other coins.

#9: INNOVATION

Bitcoin is sometimes referred as “the Myspace of blockchains”, as in first to the market doesn’t necessarily guarantee future dominance. While it’s true that Bitcoin could one day be replaced by another form a crypto, by no means has it become outdated.

There are some valid concerns about slower transactions and the network’s ability to scale.  That said, Bitcoin has very talented developers who are working to solve these problems.

Innovations such as sidechains, rootstock and lighnting network will help secure Bitcoin’s place as #1. Since the ecosystem is open-source, any new features from an altcoin can one day be integrated into Bitcoin.

#10 MEDIA ATTENTION

Love it or hate it, Bitcoin tends to have the most media hype. The epic tales of fortune and tragedy provide journalists with a constant stream of sensational news pieces. Many marketers know that any press is good press. Even bad news puts Bitcoin on the radar of more people.

Bitcoin attracts its fair share of trolls but the irony is that they’re still obsessing over it. I’ve seen more energy and passion invested in Bitcoin from trolls than I see from most enthusiasts. Some say that the opposite of love isn’t hate, it’s apathy.

 Smiley Smiley Smiley
4  Economy / Trading Discussion / Re: Trading without knowledge on: April 07, 2018, 04:08:01 PM
Trading does not depend on emotions, trading is a primitive mathematics. In the market you bet up or down and pay a сommission. The exchange makes an income from your сommission.
Sorry I don't agree with you, I don't think so. In my opinions, knowledge is also important in trading and every aspect. You only do something well whenever you have intensive knowledge about it. There are several reasons why I said that. For example, If you don't have knowledge about Birtcoin, you won't know the following lessons:

HERE ARE SOME LESSONS TO DRAW FROM THE CURRENT BITCOIN FEVER.

 - Don't invest in things you don't understand

Do you even know what a bitcoin is? Can you explain blockchain technology? Can you provide a reasonable explanation as to why a single bitcoin should be worth about $17,000 (U.S.) today – as opposed to the $780 it fetched a year ago ? If you don't understand something or its valuation bears no relation to reality, those are your first clues to stay away. There are plenty of easy-to-understand investments with valuations that do make sense based on their earnings, cash flow or dividends. Bitcoin generates no earnings or income and its value rests almost solely on the "greater fool theory" – a belief that one can find a buyer who will pay an even higher price than you did.

 - Don't expect to get rich overnight

Over long periods, the stock market has delivered total annualized returns – including dividends – of about 8 per cent.

That's a realistic expectation – and nothing to sneeze at. Investing in something that you hope will double, triple or quadruple in a year – whether it's a penny mining stock, a biotech start-up or a cryptocurrency – is not realistic and will lead you into trouble more often than not. Learning to control the urge to make a quick buck will serve you well in the long run. As the legendary value investor Ben Graham once said: "The investor's chief problem – and even his worst enemy – is likely to be himself."

 - Don't worry about missing out

We've all heard stories of people who have bought homes and cars with their bitcoin profits. Good for them. I'm guessing we could soon be hearing stories of people who lost homes and cars because of their bitcoin losses. When you speculate, you could win big – or lose big – but you have no way of controlling the outcome. If you invest in blue-chip stocks, on the other hand, you will dramatically increase your chances of coming out ahead – likely way ahead – in the long run, which is what really matters.

 - Boring is beautiful

If you want excitement, go see the new Star Wars movie. If you want to make money investing, you should strive for boredom. The late U.S. economist and Nobel Prize winner Paul Samuelson put it best: "Investing should be more like watching paint dry or watching grass grow." That's not to say prudent investing can't occasionally be fun or entertaining. When one of my companies pays a dividend or – better yet – raises its dividend, that's all the excitement I need.

 - Choose a strategy – and stick with it

I like to invest in companies with growing dividends (for specific examples, see my Yield Hog Model Dividend Growth Portfolio). Other people may prefer a passive indexing approach or, if they have the requisite knowledge, investing in value or growth stocks. The important thing is to pick a strategy (or mix of strategies) that suits your knowledge and risk tolerance, and then stay the course. If you're constantly distracted by shiny objects – whether it's bitcoin or some other investing fad – you'll be less likely to achieve your goals.

 Smiley Smiley Wink Wink
5  Economy / Trading Discussion / Re: 5 steps for traders on: April 05, 2018, 02:17:31 PM
Hello everyone, due to this crisis I see that many traders are afraid about what happened in  the market  and some of them wondering like that, Is this the right time to buy or sell ? What should I do ? ...

I know that this period is difficult for everyone, so I want to advise every trader who is scared , confused, and  hesitant... :

1- The only one who can help and save you is yourself:
If you help yourself, then you will not need any advice from others.

2- You should see it as it is ( the loss )  , not worse than it is :
Do not complicate it, the problems ( losses ) exists in all fields, But when you do not give it a big size, then you can overcome any issue.

3- You must accept the truth ( Big fall), and deal with it ( intelligently) :
Things always change, but you must always adapt to each new situtation.


4- Take the right vision about the whole situation:
You must have a global view of the market, and  the situation must  be studied well.

5- You must give more  than you expect to receive :
When you give a great effort and do not even think about the result , then you will achieve what you want or more than it is.

Hope these tips will help everyone.

What do you think guys?

Thank you very for sharing your experiences Smiley Smiley Smiley
I also want to share something
1. Why Trade Bitcoin?

Before we show you how to trade Bitcoin, it’s important to understand why Bitcoin trading is both exciting and unique.

 - Bitcoin Is Global

Bitcoin isn’t fiat currency, meaning its price isn’t directly related to the economy or policies of any single country. Throughout its history, Bitcoin’s price has reacted to a wide range of events, from China’s devaluation of the Yuan to Greek capital controls.

General economic uncertainty and panic has driven some of Bitcoin’s past price increases. Some claim, for example, that Cyprus’s capital controls brought attention to Bitcoin and caused the price to rise during the 2013 bubble.

 - Bitcoin Trades 24/7

Unlike stock markets, there are no official Bitcoin exchanges. Instead, there are hundreds of exchanges around the world that operate 24/7. Because there is no official Bitcoin exchange, there is also no official Bitcoin price. This can create arbitrage opportunities, but most of the time exchanges stay within the same general price range.

 - Bitcoin is Volatile

Bitcoin is known for its rapid and frequent price movements. Looking at this daily chart from the CoinDesk BPI, it’s easy to spot multiple days with swings of 5% or more:

bitcoin trading
Bitcoin’s volatility creates exciting opportunities for traders who can reap quick benefits at anytime.

2. Find an Exchange

As mentioned earlier, there is no official Bitcoin exchange. Users have many choices and should consider the following factors when deciding on an exchange:

 - Regulation & Trust – Is the exchange trustworthy? Could the exchange run away with customer funds?

 - Location – If you must deposit fiat currency, and exchange that accepts payments from your country is required.

 - Fees - What percent of each trade is charged?

 - Liquidity – Large traders will need a Bitcoin exchange with high liquidity and good market depth.

Based on the factors above, the following exchanges dominate the Bitcoin exchange market:

 - Bitfinex - Bitfinex is the world’s #1 Bitcoin exchange in terms of USD trading volume, with about 25,000 BTC traded per day. Customers can trade with no verification if cryptocurrency is used as the deposit method.

 - Bitstamp - Bitstamp was founded in 2011 making it one of Bitcoin’s oldest exchanges. It’s currently the world’s second largest exchange based on USD volume, with a little under 10,000 BTC traded per day.

 - OKCoin - Bitcoin exchange based in China but trades in USD.

 - Coinbase - Coinbase Exchange was the first regulated Bitcoin exchange in the United States. With about 8,000 BTC traded daily, it’s the world’s 4th largest exchange based on USD volume.

 - Kraken - Kraken is the #1 exchange in terms of EUR trading volume at ~6,000 BTC per day. It’s currently a top-15 exchange in terms of USD volume.

 - Bitcoin Trading in China

Global Bitcoin trading data shows that a very large percent of the global price trading volume comes from China. It’s important to understand that the Chinese exchanges lead the market, while the exchanges above simply follow China’s lead.

The main reason China dominates Bitcoin trading is because financial regulations in China are less strict than in other countries. Therefor, Chinese exchanges can offer leverage, lending, and futures options that exchanges in other countries can’t. Additionally, Chinese exchanges charge no fees so bots are free to trade back and forth to create volume.

If you’d like to learn more about Bitcoin trading in China, this video from Bitmain’s Jihan Wu provides additional insight.

3. How to Trade Bitcoin

Kraken will be used as an example for this guide. The process and basic principles remain the same across all exchanges.

First, create an account on Kraken by clicking the black sign up box in the right corner:

bitcoin trading
You’ll have to confirm your account via email. Once your account is confirmed and you’ve logged in, you must verify your personal information. All Bitcoin exchanges require varying levels of verification as required by AML and KYC laws. Below you can find the first three verification levels:

bitcoin trading
Once your account is verified, head over to the “funding” tab. You should see something similar to the screenshot below. Select your funding method from the left side:

bitcoin trading
Kraken offers many deposit methods, which are listed here:

EUR SEPA Deposit (Free) - EEA countries only

EUR Bank Wire Deposit (€5) - EEA countries only

USD Bank Wire Deposit (Free until 3/1/2016, then $5 USD) - US only

USD SEPA and SWIFT Deposit (0.19%, $20 minimum)

GBP SEPA and SWIFT Deposit (0.19%, £10 minimum)

JPY Bank deposit (Free, ¥5,000 deposit minimum) - Japan only

CAD Interac Deposit (Free until 3/1/2016, then 1%, $10 CAD fee minimum, $5,000 CAD deposit maximum)

CAD EFT Deposit (Free until 3/1/2016, then 1%, $10 CAD fee minimum, $50 CAD fee maximum, $10,000 CAD deposit maximum)

Deposits made using the traditional banking system will take anywhere from one to three days. Bitcoin deposits require six confirmations, which is about one hour.

Now, navigate to the “Trade” tab. Using the black bar at the top of the page, you can switch trading pairs. In this example we’ll use XBT/USD. We want to buy bitcoins, so let’s put in an order. Navigate to the “New Order” tab.

Let’s say I’ve deposited $300 into my account with a USD bank wire. In the example below, I’ve submitted an order to buy 0.5 bitcoins (XBT) at a price of $370 per bitcoin.

4. Trading Risks

Bitcoin trading is exciting because of Bitcoin’s price movements, global nature, and 24/7 trading. It’s important, however, to understand the many risks that come with trading Bitcoin.

 - Leaving Money on an Exchange

Perhaps one of the most famous events in Bitcoin’s history is the collapse of Mt. Gox. In Bitcoin’s early days, Gox was the largest Bitcoin exchange and the easiest way to buy bitcoins. Customers from all over the world were happy to wire money to Mt. Gox’s Japanese bank account just to get their hands on some bitcoins.

Many users forgot one of the most important features of Bitcoin—controlling your own money—and left more than 800,000 bitcoins in Gox accounts. In February 2014, Gox halted withdrawals and customers were unable to withdrawal their funds. The company’s CEO claimed that the majority of bitcoins were lost due to a bug in the Bitcoin software. Customers still have not received any of their funds from Gox accounts.

Gox’s catastrophic collapse highlights the risk that any trader takes by leaving money on an exchange. Using a regulated Bitcoin exchange like Kraken can decrease your risk.

 - Your Capital is at Risk

Remember that as with any type of trading, your capital is at risk. New traders should start trading with small amounts or trade on paper to practice. Beginners should also learn Bitcoin trading strategies and understand market signals.

5. Bitcoin Trading Tools & Resources

Cryptowatch & Bitcoin Wisdom – Live price charts of all major Bitcoin exchanges.

Bitcoin Charts – More price charts to help you understand Bitcoin’s price history.

bitcoinmarkets – A Bitcoin trading sub-reddit. New users can ask questions and receive guidance on trading techniques and strategy.

TradingView – Trading community and a great resource for trading charts and ideas.
6  Bitcoin / Bitcoin Discussion / Re: Bitcoin maintaining its popularity ? on: April 03, 2018, 03:39:18 PM
It is and will continue to do so. There will be a lot of fake news and people spreading FUDs in an effort to bring the market down but it will actually be for just a short time as bitcoin will always bounce back and recover from it.
BITCOIN - STATISTICS & FACTS

Bitcoin, also called a mobile currency or a crypto currency, was created in 2009 by Satoshi Nakamoto, a mysterious individual or a group of people whose true identity is still unknown today. The main idea behind the establishment of this virtual currency was to enable quick and cheap online payments without the need to use traditional banking channels. Bitcoin gained in popularity when its price jumped from around 572.33 U.S. dollars in August 2016 to approximately 4,764.87 U.S. dollars in August 2017. As of December 2017 this virtual currency was worth 13,860 U.S. dollars. The market capitalization of Bitcoin also increased dramatically in that time, and reached a level of 237.62 billion U.S. dollars in Q4 2017.

The number of Bitcoin ATMs increased from 954 in January 2016 to 2,053 by January 2018. Most Bitcoin ATMs, as of January 2018, were located in the United States and Canada. The Bitcoin ATMs located in Europe constituted 20.42 percent of the global ATM market share. The leading ATM producer worldwide as of January 2018 was Genesis Coin, with 36.01 percent of the market share.

However, the future of this virtual currency is yet unknown. If the most important difficulties are overcome, especially those related with regulations on the cryptocurrency market, and people all over the world start to trust in Bitcoin, it might become one of the most popular online payment means. As of August 2017, roughly 40 percent of the Americans were willing to use Bitcoin for transactions and making purchases.
7  Bitcoin / Bitcoin Discussion / Re: Bitcoin fees on: April 02, 2018, 04:25:45 PM
The bitcoin exchange of transaction fee has spared dollers rate currency turning bitcoin's old claim to fame as a cheaper online payment method into a laughable assertion.But despite these increasing costs, and the long running debate there are caused, developers and users argue there are simple ways to decrease fees that aren't being fully taken advantage of.we have Overall though, as the number of companies supporting the new feature grows, bitcoin fees will decrease some even argue that transaction fees would disappear altogether if that transactions replaced normal transactions of exchange in the business.
I do not completely agree with you about this. The cost is the income of the miner. If the cost goes away, no one will be mining the bitcoin anymore, then the transaction will be blocked, the system will be stagnant and bitcoin will die. As for cost reduction, it may take sometimes to increase competition with other cryptos. But if the whales dominate the market and they are monopolized, then the costs will increase significantly to satisfy their greed.
8  Economy / Trading Discussion / Re: Trading is unpredictable job. on: April 02, 2018, 08:08:04 AM
Trading is long run job and long term investment. You just can't get anything over night. It takes time and patience and you will not always win, be prepared also to lose. Many people give up on this way because they find it to hard. No one has said that trading is for everyone.
I totally agree with you.
Winning and losing are given when you are trading, But if you are an experienced trader, then the trading is not unpredictable job anymore. If you are trading with your knowledge, you will earn some profit. Most of traders are losing because they didn’t know how system works, So experiences in trading is the key to have a passive income.

Sometimes, Everything in this life is having to take the risk, either it will work or it wont, it is as simple as that. To be more specific on this, you must have good knowledge about btc, you have to start investing on small things and trade. By doing that you will get to know when the right time is to invest/sell. Again it is unpredictable as sometimes it will rain and sometimes it will shine. But most of the time we will reap the benefits as the more we are into the trading business, we will automatically learn when to sell/buy. You must follow this approach: Understanding the current situation + Use your previous experience + Have an idea how much you have to invest/sale.
9  Economy / Trading Discussion / Re: 6 Ways to Ensure Safety of Your e-wallet Transactions on: April 02, 2018, 07:57:28 AM
The decision to demonetise Rs.500 and Rs.1000 bank notes was unexpected to say the least and many believe it to be the cornerstone of the Government’s strategy to transform India into a cashless economy. With cash in short supply, it is only natural that cashless transaction methods such as mobile wallets have emerged as one of the key beneficiaries of India’s demonetisation drive.
 

However, the rapid increase in usage of e-wallets has led to some concerns regarding the safety of these transactions and whether they are more prone to hacking than conventional cashless payment options such as debit and credit cards. Though the safety debate is not going away any time soon, in the following sections, we will discuss some steps that you can take as a mobile wallet user to keep your smartphone and its wallet information secure.


The following are some important points to keep in mind while using an e-wallet:
 

Install antivirus/malware scanner on your mobile

 

Using wallet only from trusted sources
 

Limit your wallet top-ups
 

It is best practice to limit how much money you are adding to your wallet because it limits the losses you might incur through misuse. Also periodically check your mobile wallet statement to ensure that that hackers are not siphoning off your wallet balance through small transactions. In case you find transactions that you did not make, take the matter up with the m wallet provider to get the issue resolved.  


Say no to public Wi-Fi
 

Avoid using public Wi-Fi as the hackers can snoop into the connection and steal your wallet credentials as well as other personal data. It is in fact a good idea to keep your phone/computer’s Wi-Fi adapter off unless you are using a trusted Wi-Fi hotspot. The same logic applies to Bluetooth connections, keep all these connections off unless you are using them.


Do Your Research

 

There is many article to summary the great and realiable e-wallet, like   XML Gold(https://www.xmlgold.eu/):

XML Gold is another best ecurrency exchanger that has a long list of ecurrencies including Epay, bitcoin, Perfect Money and many others. Established in 2006 as one of the first E currency exchange provider, XMLGold has become a multi-functional electronic & crypto currency exchanger, trusted by its users.

Epay.com(www.epay.com):

Epay.com was established in 2014 and soon it has covered everything under the sun. You can enjoy Free To Withdraw PM,ADVCASH,FASAPAY,PAYEER From Epay.com. And many others, your epay.com account can convert every currency into others in minimum charges.
 

Don’t Auto-save card details

 

To ensure the safety of your money and decrease the possibility of fraudulent transactions, ensure that you do not auto-save your card details on every wallet/online transaction. Saving your card details online increases the risk of theft or fraudulent transactions if the security of the e wallet network is breached.
 

In conclusion, it must be pointed out that life is not without its risk and the convenience of emerging technologies like m wallets are sure to feature a few growing pains. That said, it is at least partly up to the user to ensure that the money in their wallet is safe and the above actions will help achieve that end.
Thank you very much for your useful information. I think it is great tips for those wating to protect their e-wallet.
10  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is better than Cash. on: March 31, 2018, 03:32:03 AM
I don't think so that BTC batter then cash but in my life I prefer to use card money. its easy to use now and get some discount program. BTC did't popular now and price did't fix. Best way to hold or trade Bitcoin. maybe in future marker price correction stabilize and mi mind changed.

One of the biggest deterrents for new people when it comes to buying bitcoin is the idea that it’s not ‘safe’.

The mainstream press continues to air scaremongering headlines that suggest bitcoin is either fuelling a bubble, or that, every time ‘hackers’ attack a bitcoin exchange, it’s for criminal purposes.

They repeat the idea that bitcoin isn’t safe because you can’t hold it in your hands. It’s nothing more than ones and zeroes, they say.

However HOW IS BITCOIN BETTER THAN NORMAL CURRENCY?
Let’s take a deeper look and compare it to classic (fiat) currencies.

 - Volatility:
It may seem, that Bitcoin is too volatile and the price jumps like crazy
Compared to USD, EUR, GBP - Yes
Compared to the currency of Ukraine, Argentina and dozens of other currencies it’s much better

 - Value:
Bitcoin is deflational
This means, that supply is limited and noone can just print more money
In the USSR there was a day, when the goverment decided to divide the value of it’s official currency by 10. With Bitcoin it’s not possible

 - Transaction fees:
Western union or other similar services usually take 1–5% for a transfer of money
With the Bitcoin the usual transaction fee is a couple of cents and you can even pay less if you’re not in a hurry
 
- Portability:
As long as you are able to store 256 bits you can have bitcoins
You can write the key at the piece of paper or even remember it

 - Transferability:
The usual transaction time is negligible (<1s)
But if your transaction is extremely important you need to wait for 6 blocks (6 confirmations) which is usually around 1 hour

 - Security:
If your bank goes down - you’re screwed
In Bitcoin nothing can go wrong except that you can loose the key

 - Deniability:
The bank is a single point of failure
If your bank goes down - you’re screwed
Bitcoin has a distributed nature, which makes it extremely resilient to different types of attacks
 
- Divisibility:
You can have/buy/transfer as little as ~0.0000071411 USD (at current price) in Bitcoin.
It’s the smalest unit and it equals to 0.00000001 BTC

If you want to rea more visit:
http://www.bitcoinnotbombs.com/10-ways-bitcoin-trumps-fiat-currency/
11  Economy / Marketplace / Re: Bitcoin global regulation on: March 29, 2018, 09:22:52 AM
I don't think there will be global regulation of bitcoin or other cryptocurrencies.

Because some countries have declared bitcoin legal, there will always be disagreements between the rules of each country, and I think bitcoin will have a very good future.
I do think so that this thing will happen but this will definitely take lot of time for this world to understand the real picture of the bitcoin and other crypto currency. Most of the people still think of it as a scam and that they are not accepting it and are not even interested in investing of their money into it. With time, they will realize the worth of the crypto currencies and will surely stand for crypto currencies.

       STATE OF GLOBAL CRYPTOCURRENCY REGULATION (JANUARY 2018)
Regulation of cryptocurrencies is in flux and may change in the following months. In the meantime, it may be useful to understand where various governments stand on the regulation of cryptocurrencies. This piece covers regulations and statements from the United States (SEC, CFTC, IRS), China, South Korea, Japan, and the European Union. Each represents a meaningful chunk of global participation in cryptocurrencies, and a regulatory change in one or more of these regions could move the market. This piece offers a broad overview and provides links where possible for further reading and analysis.
 ***United States
Securities and Exchange Commission (SEC): As stated by the SEC, “The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.” The SEC was created by Congress in 1934 as the first federal regulator of securities markets following the stock market crash of 1929, when it became clear that many companies had provided false or misleading information about their performance and future prospects to investors. Since then, the SEC’s main functions have been verifying statements from corporations and ensuring that securities institutions (like brokers, dealers, and exchanges) treat investors fairly and honestly.
The SEC has not approved any exchange-traded products (such as ETFs) holding cryptocurrencies or other assets related to cryptocurrencies for listing or trading. SEC has not registered any initial coin offerings to date.
For more information regarding the SEC’s view on cryptocurrencies, refer to this statement from December 11, 2017.
Commodities Futures Trading Commission (CFTC): As stated by the CFTC, “The mission of the Commodity Futures Trading Commission (CFTC) is to foster open, transparent, competitive, and financially sound markets. By working to avoid systemic risk, the Commission aims to protect market users and their funds, consumers, and the public from fraud, manipulation, and abusive practices related to derivatives and other products.”
The CFTC has designated bitcoin as a commodity and announced that fraud and manipulation involving bitcoin traded in interstate commerce and the regulation of commodity futures tied directly to bitcoin are under its authority.
On January 19, 2018, it was announced that the CFTC filed charges against two cryptocurrency fraud cases. There are many Ponzi scheme attempts taking place and this form of regulation is readily welcomed.
For more comprehensive coverage regarding the CFTC’s take on cryptocurrencies, use this primer from October 17, 2017.
Internal Revenue Service (IRS): The IRS has ruled that bitcoin and other cryptocurrencies are viewed as property, and not currency, for tax purposes. Although some exchanges may properly issue a Form 1099, individuals remain responsible for keeping account of gains and paying taxes on them. Transactions in cryptocurrencies generate either short-term or long-term capital gains or losses and must be filed as such.
***China
China has taken a series of steps to curb cryptocurrency activity. First, it banned initial coin offerings (ICOs) on September 4th, 2017, the equivalent of initial public offerings for new virtual currencies. China has also issued statements to local exchanges to stop trading in cryptocurrencies and outlined proposals to discourage Bitcoin mining. These moves may reshape the industry surrounding Bitcoin mining and drive up costs. Miners initially flocked to China because of its inexpensive power, local chipmaking factories, and cheap labor, but they may now have to relocate. Officials intend to block access to online platforms and mobile apps that offer exchange-like services for cryptocurrencies. Limiting cryptocurrency activity is a joint effort between the central bank, the cyberspace administration, and China’s Ministry of Industry and Information Technology. Bitcoin and altcoins can still be traded, but only in over-the-counter markets. Exchanges have relocated to Hong Kong to operate.
China is not against cryptocurrency as a technology, however. The People’s Bank of China has run trials of its own cryptocurrency, taking a step closer to being the first major central bank to issue digital money. China would rather take full control of digital transactions than let Bitcoin and altcoins flourish.
Financial institutions and third-party payment providers are banned from accepting, using, or selling virtual currencies. Although its use remains legal, the People’ s Bank of China has required exchanges to register with the appropriate regulatory authorities and has suggested it will closely watch the markets. The People’s Bank of China has allegedly warned banks from working with virtual currency-related businesses.
***South Korea
On January 11th, 2017, the South Korean Ministry of Justice reportedly confirmed a plan to shut down all cryptocurrency exchanges. However, a statement was soon issued by South Korea’s Presidential Office that such a policy has not been finalized. The unclear situation has brought backlash from local residents and politicians, especially as reports surface that government officials have made significant money in cryptocurrency positions as prices move in response to government statements on regulation.
The government may reach a final statement on cryptocurrency regulation on January 25th, 2018. South Korea’s chief of the Financial Services Commission said: “(The government) is considering both shutting down all local virtual currency exchanges or just the ones who have been violating the law.” Separately, Bank of Korea Governor Lee Ju-yeol told a news conference that “cryptocurrency is not a legal currency and is not being used as such as of now.”
***Japan
On April 1, 2017, Japan’s Financial Services Agency enacted a new law authorizing the use of digital currency as a method of payment. The Virtual Currency Act described and identified what a virtual currency is, clarified that bitcoin is considered an asset, and that bitcoin can be considered a payment method. The act, however, did not declare bitcoin as a legal currency. The law follows months of debate which ultimately brought Bitcoin exchanges under anti-money laundering/know-your-customer (KYC) rules, and resulted in the categorization of Bitcoin as a kind of prepaid payment instrument. On Sept. 29, 2017, the Financial Services Agency (FSA) of Japan granted its first licenses for digital currency exchanges to 11 companies.
Of all the regions profiled, Japan seems to be the most progressive regarding cryptocurrency regulation and has sought to work with exchanges to regulate them instead of considering shutting them down entirely. Bitcoin has been an official legal payment option since April 2017 and 4,500+ stores in the country accept it.
***European Union
The European Banking Authority issued warnings to the public about the risks associated with virtual currencies, and recently indicated it will apply anti-money laundering and anti-terrorist financing rules to virtual currencies.
Overall, little has been said beyond a desire to prevent money laundering and financing terrorist groups, though numerous statements have been issued that various government groups are evaluating the future potential of cryptocurrencies. The prevailing sentiment is that tougher regulations for cryptocurrencies will be coming in the near future.
***The Future
Stay tuned. It is nearly the consensus that 2018 will be the year that significant additional regulation comes to cryptocurrencies, and where and how this takes place may significantly move prices. Over the long run, removing Ponzi schemes and related scams is probably good for the health of the market, but if it means locking out exchanges in China and South Korea, then prices may be headed lower for the near future.
12  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: March 23, 2018, 12:54:02 AM
On the basis of Trans Fast technology,Bitcoin is able to win the investors. Now we can purchase, handle,  invest and transfer within short moment from any place. This is fully out of traditional banking system which is very complex and noisy. Where there is internet, there is a access into Bitcoin. Its a very Simple Math! For this people should use Bitcoin.
Why use bitcoin? What are its benefits? Why is it better than cash or credit cards? We get asked these questions all the time so we thought we’d put together a quick list of five reasons why you, or anyone, will find bitcoin to be beneficial to have and use.

- It’s made for our generation

What we mean by that is bitcoin is made for the Internet-generation. We are quickly moving past the days of carrying around paper cash or pulling out your credit card. Bitcoin goes several steps further than the convenience of credit cards by equipping users with a payment option that is significantly lower in fees, provides virtually instantaneous transaction time, and is accessible through the dozens of bitcoin wallets.

On top of convenience, bitcoin offers credit card users freedom from the concerns of fraud, identity theft, and crippling interest rates. It’s no surprise that a recent report from Goldman Sachs discovered that 33% of millennials do not think they will need a bank account in 5 years.

- It’s fast, secure and global

Bitcoin doesn’t discriminate. You can use it anywhere in the world, to send value almost instantly, nearly for free. Transferring bitcoins costs just a few pennies and you can send as much value as you want. It’s important to remember that bitcoins can’t be counterfeited or duplicated.  The cherry on top is that transactions are conducted in a peer-to-peer method, without the need for a bank or third party to oversee it.

- Bitcoin was designed with your privacy in mind

Our Block Explorer, along with other bitcoin block explorers, display the entire history of bitcoin transactions for all to see. Bitcoin transaction history can be searched by anyone with online access. At first glance, you might consider this level of transparency the opposite of private. In reality, it means that users can choose whether they want to be completely transparent with their finances or keep them very private.

The bitcoin protocol does not require people to identify themselves in order to transact though some businesses may need to for compliances reasons. Unlike a bank where people often have one or two accounts, you can create as many bitcoin wallets as you like.

- Bitcoin is not subject to inflation

The total number of bitcoins are capped at 21 million, which is different than other currencies. As the total number of dollars in circulation rises, this creates inflation. Inflation is where the value of your dollar for example, decreases over time due to an increasing supply. Bitcoin on the other hand is scarce and fungible, which gives it interesting properties.

-Bitcoin provides financial freedom

If you don’t have access to a bank account, you are part of the “unbanked.” Bitcoin can allow you to be your own bank. Bitcoin is simultaneously an open financial protocol and a currency required in order to transact freely on the protocol.
13  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BITCOIN or ETHEREUM? on: March 22, 2018, 04:12:07 PM

I think that if it is a long-term investment then you can buy both, Bitcoin and Ethereum are all very potential altcoin and will bring us profit in the future. You should invest heavily in bitcoin if you want to make a big profit, because bitcoin is the king of the altcoin and it always has the high pump, but the price of bitcoin is very high and there are always risks. Unlike bitcoin, ethereum is cheap, and stable, it has many advantages over bitcoin like low transaction costs, faster transaction speeds.
What’s the difference between Bitcoin and Ethereum?

First, it’s important to understand that there are two categories of digital coins: Cryptocurrencies (e.g. Bitcoin, Litecoin, ZCash, Monero, etc) and Tokens (e.g. Ethereum, Filecoin, Storj, Blockstack, etc.)

Bitcoin is a “cryptocurrency.” Bitcoin and other cryptocurrencies are competing against existing money (and gold) to replace them with a truly global currency.

The promise of Bitcoin is that it is:

A global currency which allows individuals to own their own money (without having to rely on national banks).
Lower fees for transferring money across geographic borders.
Financial stability for people who live in countries with unstable currencies. (e.g. In 2016, the Venezuela’s currency hit an inflation rate of 800%). In addition, two-thirds of the current global population has no access to banking, or limited access — Bitcoin is changing that.
Ethereum is a “token.” What Bitcoin does for money, Ethereum does for contracts. Ethereum’s innovation is that is allows you to write Smart Contracts: basically any digital agreement where you can say “if this” happens, “then something else happens.” For example:

If I vote for the President, then my vote is official and no one else can vote as me.
If I sign my name on this document, then I own the car, and you no longer own the car.
Up until now we’ve carried out these agreements with a signature at the bottom of a paper document. Ethereum dramatically improves this model because it is digital, and proof of the transaction can never be deleted.
14  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 3 MOST UNDERVALUED CRYPTOCURRENCIES on: March 22, 2018, 03:51:16 PM
I think Banyon (bbn) is going to explode in April.
I think these are Top 3 Undervalued Cryptocurrencies for January 2018

Let's get right to the point, no time for fluff really. I'll just begin breaking this down in no particular order and add justification as to why these are my top 3 picks "under the radar."
<bear in mind, pardon my grammar - rough around the edges.. I really don't care for grammar and I type like I speak> and nothing I say is to be deemed as FINANCIAL ADVICE.. just a guy giving his opinion on some cryptos. That said! Off we go!

#1: NEBULAS (NAS)

While I have not read the whitepaper as it's over 60 pages of mathematics beyond me.. There are some very interesting facts that you should key into..

• The coin has JUST STARTED.. they just ended the ICO about a month ago and they are just finalizing the test net as of the end of December. So there's no doubt about it they are in their early stages.. (hence under radar)

• The Founder is Hitters Xu.. whom is also the founder of Antshares... which rebranded into the well known NEO!
so we've established a track record here right off the bat. Credibility.

• Hitters brought with him.. the Co-founder of Nebulas: Aero Wang.. also the Co-founder of NEO.

• The team goes on, fairly large, many great advisors.

• There is a photo in the powerpoint on their site with the team. In the middle of the photo you can see Vitalik Buterin. The relation you might ask? When Hitters was asked if there's any involvement with Vitalik or the possibility of working together, the answer was affirmative and the possibility is high.

• Hitters is now working out of the United States from my understanding, in Silicon Valley I believe.

• Enough about Hitters... THE PROJECT: A BLOCKCHAIN SEARCH ENGINE. what!? yes. you heard correctly... with a ranking system.. hence the very long whitepaper. to... rival google?? .... hopefully! we shall see.

• Smart Contracts. Dapps. The whole 9 yards. these guys aren't new to the blockchain. c'mon need I remind you it's the founder of NEO..... Ok so from the sound of things the project will be much larger than "just a decentralized search engine" in the interview with BlockchainBrad... I'll give you the link but stay with me here:

It sounds like the project will be much larger in the sense that it could be a self-evolving computer? maybe a super-computer? While Hitters English isn't perfect you've gotta give him credit for speaking English vice a translator.

• Oh yeah, one more thing I wanted to mention.. the price... it's currently around $6 bucks per. with a a supply of around 100 mil.. that would make a market cap of around 600 mil... not even 1 Billion.... as of writing this NEO is sitting at around 6 Bil, and Ethereum at around 100 Bil... ask yourself, does this sound like a project worth more than a Billion Dollars?

Alright moving on down the list...

#2 PURE (PURE)

• As of writing this, PURE sits at rank 435 on coin market cap.. not even in the top 100.. not nearly..

• PURE is a MASTERNODE type coin. Translation? for 2500 Pure you can own a masternode. A masternode is a NODE of the pure blockchain. technically you'd run it 24/7 on a private server.. ever heard of a DASH MASTERNODE?

• Currently you can acquire one of these masternodes (abbreviated MN btw) for about $10k usd.. and running that MN 24/7 would generate about 1,160.12 every month (variable).. mind you I say variable because the payout is obviously dependant upon the price per Pure... hopefully I didn't lose you guys on that.

• I have to share with you guys this incredible tutorial video for setting up a Masternode.. tedious but it's amazing. He even reveals a SUPER CHEAP VPS... I think so. compared to say.. VULTR.. because! you can add an IP to your VPS for a one time fixed fee of like $10 bucks. While VULTR charges $2 every month.. big difference..

• I mention PURE here, because it's not exactly easy to find a good Masternode coin... this one is still undervalued in my opinion as it only has a market cap of 13 mil.

• PURE transactions are anonymous using darksend technology and transactions are instant with InstantSend integration.

#3 NAV Coin (NAV)

• NAV Coin is currently ranked 116 on coinmarketcap and has a market cap of 220 mil. While it has had some gains .. I don't think they are nearly done. They have a strong team and a lot of determination.

• The wallet. While not perfect or flashy.. it's better than the average QT wallet you see and from my testing, the staking works great!

• Speaking of STAKING.. while the gains are NOT IMMENSE.. it's only about 4% (used to be 5%) it went ot 4% because that 1% now goes to a COMMUNITY FUND.

• The COMMUNITY FUND is another great feature... because that's a POT OF CRYPTO that the COMMUNITY gets to decide what it gets spent on to BETTER THE NAV Coin.

• Did you know NAV Coin had NO PREMINE, and NO ICO. This is kindof a big deal. ICO is not always looked at as a negative aspect.. and premine it's case by case... depending on premine usages.. but here... we take all of that OUT OF QUESTION... it's neutral and cannot be judged based on a premine nor ico. I think that's great!

• Lastly. Some coins don't even have a wallet. most do. and even less have an app.. let alone a functional non-buggy ap. That said. NAV Coin has NavPay a funcitonal downloadable ap that merchants online are accpeting! That's a pretty big deal. Mind you the merchants are not any big box retailers... but perhaps in the future they may be...

OK, so thanks for reading my review here. I'm always on the lookout for sleeper coins or "coins under the radar" .. I'm sure you guys are too or you wouldn't be so interested. No point in jumping in after the explosion right? Smiley
15  Bitcoin / Bitcoin Discussion / Re: What if bitcoin wasn't created? on: March 21, 2018, 02:36:50 PM
I would not be like this, who can buy what I want if Bitcoin is not created, and I will not be able to recognize blockchain and crypto technology if bitcoins do not exist, and it's probably true that the crypto world will not be known much without Bitcoin.
In my opinion, If Bitcoin wasn't invented it wouldn't make a big difference right now. I don't think Bitcoin is currently actively affecting a lot of lives. Sure, there are some exceptions but I think a majority of people see Bitcoin as a curiosity. In any case, paying with Bitcoin or any other cryptocurrency doesn't seem that appealing to me when it's so volatile, and I think that it's going to take a while before any of the currencies are stable enough to be a payment method. Being a viable payment method would deliver on their promise to cut out the middleman, but at the moment cryptocurrencies mostly seem interesting to speculate on.
16  Bitcoin / Bitcoin Discussion / Re: Is bitcoin worth risking your time and money? on: March 21, 2018, 01:47:06 PM
Its worth it, because we know, that by risking our money and giving our time to bitcoin, There is a profit ahead us... a profit that we hoped for, we work for..
Bitcoin first arrived online in 2009, and it’s been drawing both curiosity and scorn ever since. But, cutting away all the hype, is Bitcoin worth investing in? That depends both on your appetite for risk, and just how much money you’re willing to lose.

To understand Bitcoin, we need to talk for a moment about the money in your wallet. The dollar, and pretty much every other currency in the world, is a “fiat” currency. Not to oversimplify matters, a dollar is worth a dollar more or less because the US government vouches for it. Think of it as a tiny little piece of government reputation: The dollar is stable because the US government is stable, and holds its value, relatively speaking, over time because the US isn’t going anywhere.

But, until 1971, it wasn’t this way at all. Instead, a dollar was basically a gift certificate for a certain amount of gold, tying the value of dollars to the value of gold. This was called the “gold standard.” In theory, at least, you could walk into a bank, slap down a dollar, and walk out with a dollar’s worth of gold. This is not as cool as it sounds. If, for example, we’d had the gold standard between 2012 and 2013, your bank account would have steadily and dramatically dropped in value.

Bitcoin tries to split the difference between the two approaches. Bitcoin is essentially bits of code that are “mined.” There’s only a limited number of Bitcoin, 21 million total, to be precise, and each Bitcoin is unique. So, like gold, its rarity makes it valuable, but unlike gold, there’s no chance a rich Bitcoin mine will be found tomorrow. That rarity is enforced by Bitcoin’s structure and how it’s traded. Each Bitcoin is “verified” by a decentralized network of Bitcoin programs that track the history of each individual Bitcoin. Essentially, there’s a record of every person who buys and sells each unique Bitcoin. Think of it as a digital fingerprint. When you trade a Bitcoin, that fingerprint not only needs to match for the buyer and seller but is also checked against everyone else’s records.

However, gold has a distinct advantage over Bitcoin. If, tomorrow, we decide that gold’s pretty and all, but really not worth anything, you can at least sell your gold to a computer manufacturer or jeweler and get back some of your money. Bitcoin is quite literally worthless outside of Bitcoin trading. In other words, your Bitcoin is only worth what the people buying and trading Bitcoin think it’s actually worth, just like a fiat currency. That makes the value of Bitcoin something of a rollercoaster, although over the long term it’s gone up in value. If that weren’t enough, Bitcoin’s decentralized nature and somewhat hazy legal status add up to a Wild West atmosphere. US dollars deposited in US banks, for example, are insured by the FDIC. If somebody steals your Bitcoin? You’re probably out your money, for good.

So, should you invest? That depends on your goals, and it pays to be a futurist. Bitcoin is built around encryption, and governments are driving more and more resources towards decryption for intelligence purposes. That research could be used to forge Bitcoin, crack open the blockchain network, or otherwise compromise the system. And don’t forget, there’s plenty of reason for crooks to do the exact same thing. In computer security, a breach is always a matter of “when” not “if.” In addition, Bitcoin’s decentralization means you’ll have to be very careful who you associate with. Bitcoin heists are fairly common, and often usually inside jobs. The irony of Bitcoin is the encryption is great, but you’re one hacked password, or unethical web administrator, away from getting completely cleaned out.

If you want to have some fun, or have a high appetite for risk, Bitcoin will be a good way to explore a frontier of digital economics. If you’re looking to grow your retirement portfolio, though, maybe stick to stocks and bonds.
17  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Ethereum a good investment? on: March 20, 2018, 10:47:59 AM
ethereum has always stuck to a tight under the bitcoin. This makes the confidence invested in these coins be big enough see the development and its position at this time. ethereum is coined can still have the opportunity to be able to replace the bitcoin and of course, it is an investment that is no doubt.

"Should we invest in Ethereum?", "How to invest Ethereum?," Virtual money blog has received a lot of such these questions recently, especially in the last a month, when Ethereum price has reached $ 100, More and more people are interested in this virtual currency. Should or should not invest in  Ethereum depends on the thought and opinions of each person. Investing in Ethereum is the same as buying gold or stockbroking, if you know the right time to invest, The potential for profitability is very high, because Ethereum's prices are often fluctuating in a similar way to Bitcoin.

In addition, more and more countries are adopting Ethereum as a form of payment, even more so than Bitcoin. Most countries do not accept Bitcoin because security and management are not completely secure, but with Ethereum, developers have solved that problem, which helps ensure the secure transactions and avoid hacked status.

ETH's market is growing more and more rapidly from the investment of $ 25 million in 2014, ETH's has increased more than $ 1 billion. For such a fast-growing market, investing in Ethereum seems to be a very profitable opportunity. If you are new to Ethereum as well as the investment, you should choose the form of "Surf" investment, it means buying ETH when it's cheap and sell out when the prices rise. This is also the safest way to invest now.

So should we invest in ETH???
I think we should invest in ETH (or bitcoin) If you are looking for a coin in the thousands of coins in the electronic money market to participate in investing. I myself joined this market 3 or 4 years ago, I also invested in Bitcoin, Ethereum and some other Altcoins, a lot of my friends have "got rich" thanks to this electronic money within just a few month to a year.
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Ethereum best for investment? on: March 20, 2018, 10:35:33 AM
ETH is one best coins for investments and the platform for ICO for today... Probably you dont get huge percent of profit, but this investment will be very reliable..
"Should we invest in Ethereum?", "How to invest Ethereum?," Virtual money blog has received a lot of such these questions recently, especially in the last a month, when Ethereum price has reached $ 100, More and more people are interested in this virtual currency. Should or should not invest in  Ethereum depends on the thought and opinions of each person. Investing in Ethereum is the same as buying gold or stockbroking, if you know the right time to invest, The potential for profitability is very high, because Ethereum's prices are often fluctuating in a similar way to Bitcoin.

In addition, more and more countries are adopting Ethereum as a form of payment, even more so than Bitcoin. Most countries do not accept Bitcoin because security and management are not completely secure, but with Ethereum, developers have solved that problem, which helps ensure the secure transactions and avoid hacked status.

Ethereal's market is growing more and more rapidly from the investment of $ 25 million in 2014, ETH's has increased more than $ 1 billion. For such a fast-growing market, investing in Ethereum seems to be a very profitable opportunity. If you are new to Ethereum as well as the investment, you should choose the form of "Surf" investment, it means buying ETH when it's cheap and sell out when the prices rise. This is also the safest way to invest now.


19  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin important on: March 19, 2018, 01:47:41 PM
Aside from being secured and decentralized storage of wealth, Bitcoin is important because of the technology it has, that so called blockchain. It is one great milestone in mankind that enables someone to do transactions instantly online anywhere and anytime around the globe without the need of bank and other public/private entities. Bitcoin is the father of all altcoins and we have seen so much development of the blockchain technology in just few years allowing someone to incorporate blockchain technology in different applications in real life.
Recently, a luxury hotel called the Seehotel Jagerwirt in Turrach, Austria found that all of its electronic doors were locked by hackers and could not be opened unless the hotel made a bitcoin payment to the hackers. As hackers become more sophisticated, we’ll see the constant battle between legitimate businesses and criminals, each one trying to leapfrog the other’s technology. Bitcoin is useful for criminals and people involved with them. So far, it’s not useful for much more other than that.

In spite of its dark character, bitcoin is important because of the technology that makes it work. That technology is called blockchain computing and you’ll be hearing more about it. The effect of blockchain computing is similar to the internet’s effect on traditional computer networks. Where pre-internet networks had a central hub with spokes that communicated only through the hub, the internet allows every node on a network to communicate directly with every other node. That change is profound.

I recently sat down with blockchain legal expert Joshua Klayman of the law firm of Morrison Foerster to learn more about where this can go. Here’s what I learned:


What is Blockchain Computing?

Blockchain computing is a system that can securely contain an entire set of records within it, referred to as blocks. What makes blockchain computing unique is that copies of the entire system can be kept simultaneously on millions of computers located anywhere. Just as the internet obsoleted the hub and spoke nature of a network, blockchain technology does away with the idea that information is stored in a limited number of locations. Blockchain allows information to reside on multiple systems, even millions of them, simultaneously. When a new entry is made into the blockchain, the entire system updates in every location, instantly. An unlimited number of copies of the entire system, updated right to the present moment, is maintained everywhere in the world. Anyone can add a new record to the system but changing an old one would require the consent of every computer on which the data resides, it’s virtually impossible. And that means the records are completely reliable.

Who Cares?

One of the things that intermediaries like banks, insurance companies, property title companies, traders and many other intermediaries count on to collect fees is their reputation for integrity. You send money through a bank because you know it will get there and their recordkeeping is accurate. But if you and a stranger could exchange money without needing a bank or having to pay fees to Paypal or another intermediary, you would. With blockchain, you can. Because a blockchain’s records can be stored on millions of computers around the world, you can always be comfortable that the records are accurate and trustworthy. That means you can use the blockchain instead of an intermediary to send and receive money from strangers and do many other things.

In summary, Bitcoin is so important for your business.
20  Economy / Trading Discussion / Re: job and trading together.. on: March 18, 2018, 03:56:23 AM
Trading can be a good alternative source of income. I suggest you to try the swing trading whein you will buy at low then hold it until the price will go up then sell when you are satisfied on your profit. Then buy when the price goes down.
Thank you for your advice!!!
I think job and trading together have several benefits:
1. You will be financially richer
It is excellent when you can earn money from several income supplies
2. Practice skills to do multiple tasks at the same time
Starting to work more, you have to train yourself to do many things at the same time. Not only for your trading, you also have to manage time to work well in your workplace, which will help you be smart, dynamic and hard-working.
3. Your time-management skills will develop
When you go to work, you have to know how to manage your time so that you can complete the job as well as your trading. You will be busier, but appreciate your time better.
4. You will discover many things about yourself
Job and trading together will help you discover your "hidden" talent. You will have the opportunity to find strengths and overcome your weaknesses to adapt to your work.
5. Experience
Extra work is the perfect way to practice the knowledge and skills. You can earn a lot of experiences in the working process.
However, besides some advantages, there are also a lot of disadvantages while job and trading together, such as lack of time to enjoy your life, your relationships, being in poor health... Thus, We should learn how to balance them to bring the best results.
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