I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
I'm responsible for up or down the price. If the many users hold it in strong mind then the price will be rising. Holding is the main factor in this respect. So hold it for improvement the progress of bitcoin. |
|
|
|
Don't you think price blast not correlate with its real life usage since its inception?
Its hoarded for speculative purpose but how many major cities in the world have even its ATM?
I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?
Who will accept it in store when confirmation time is so long.
I think Bitcoin has more powerful uses in my daily life.It has changed my life.I bought my laptop,Start a new business.My led tv & other things by bitcoin.It really blessings in my life.I tanks to crypto for my changes. |
|
|
|
Hey everyone I have heard newbies and other people asking about how safe is the Bitcoins and it's transactions well I think it will be beneficial to have a little discussion on this .
First of all if you own a bank account in a good bank then you should know that its very hard to hack one's bank account, it's almost impossible unless done due to personal flaws, like sharing your key or bank account details or something , you know the system behind Bitcoins and the system behind banking system is same .
Something by the name of cryptography whose Advance form is block chain . It's a complex code involving complex mathematics and the transactions are only completed through very complex and complicated steps impossible to penetrate.
For Bitcoins the same thing operates but with no intervening part or whatsoever , it's p2p direct transactions and this is even more secure and private.
The reason why you hear news like :- someone got their Bitcoins stolen or something is because they have personal flaws , they shared the private keys or the password with someone else..or they used a bad wallet.
It's on you how safe you make it .
I think Bitcoin more safe than banks. If we have bitcoin wallet and we keep our private key safely, our bitcoin is secure. But many banks accounts hacked and its already in many news. |
|
|
|
I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
In my opinion, national currency is a material that follows with the every livelihoods of a country. But cryptocurrency is a multimedia that is only can control by those who actually knows its value. National currency can be controlled by the bank or government but they cannot control cryptocurrency. |
|
|
|
I watch a lot of information on the television talk about bitcoin (mainly the news about the bankruptcy, the bad side of bitcoin). On the other hand, I read a lot of online articles about the benefits of Bitcoin. What does Bitcoin offer the user?
I think Bitcoin is a product of blockchain . It brings to its users crypto or online currency that you can use for different functions , it can be use for buying and also trading, it is like a stock market. it brings to its user a faster and secured program |
|
|
|
In this thread, we debug the best airdrops and the most "fatty" bounty campaign. Profit to all!  Attention! Among the airdrops many scam projects but there are also many working projects and this does not mean that information about airdrops is not needed by anyone! - This thread does not call for anything actions! - All decisions about participation by this or that airdrops are accepted only by you! - I do not advertise anyone! Do not forget to mark of merits a profitable airdrops!  This thread is a bounty promoter actually...Promoting and helping so many people here to participate in some good bounties.. |
|
|
|
For me, this is right, bitcoin and Ethereum have started to pick up in the past few days. This is a happy news. We finally got rid of the bad news that the currency price continues to fall. I hope it will enter the rising model as soon as possible. I believe this is everyone. Hope to see the good news. |
|
|
|
If one were to buy and hold solid avaerge coins (not a coin that kicks out and gets 10000% gain), but rather a nice steady gain like eth, Ltc etc (top 20) and starts with 10k, is it possible to reach a million without trading and buying/selling at highs and lows? If so, how long would you predict it would take? Or are most coins not going to last long term, so every 6 months would I have to rebalance with newer coins?
I think 1 million is possible for 5 years because with every day mining is harder and you need to use more electricity and better equipment to mine same amount, in future many miners will mine 1 bitcoin for 1 year so its very possible what this bitcoin will cost a lot. |
|
|
|
I watch a lot of information on the television talk about bitcoin (mainly the news about the bankruptcy, the bad side of bitcoin). On the other hand, I read a lot of online articles about the benefits of Bitcoin. What does Bitcoin offer the user?
I think this is right, that is the opposite of reality because television is under the control of the government so they will have to post to the government. Moreover, such information is easily inflated to attract views. |
|
|
|
This is not a proposal of forking network!
By timestamping first wallet transaction with real time date/hour/seconds into ledger history, bitcoin core software nodes can make an agreement that if, for example:
during the next 2 years the wallet's public address that was timestamped do not output any Tx, bitcoin nodes take those funds and place them into next block header.
If a public address will make a new output tx with any amount of tokens will be re-stamped with date that was realized the last tx.
If the public address won't put a minimum of 1 transaction in 2 years, those funds from public address will be moved into next block of transactions.
I know it sounds easy. But to translate into coding, it is very hard to accomplish.
In bitcoin is harder to be implemented due to multi-sig public keys .
I cannot see another solution to this problem, which can become very important in far future.
I would call this process (Proof of owner's wallet)
Thanks for your solution, with me, I always back up personal information carefully and secure them as much as possible so that they are safe, because that is my money. |
|
|
|
reading whitepapers is a great source of information for new people to the cryptospace, alot of these concepts seem very not needed sometimes I recommend you new folks to read Mybit whitepaper it will definetely open your eyes to a few pockets of the blockchains usage with certain sectors of the cryptosphere.
Anybody else has a couple of informative whitepapers, that opened your eyes to a certain technology or undervalued market or just good information?
Im about to read deeponion's!
For seek for a project, the first thing I do is "study WhitePaper". There, you can find necessary information about the project: idea, team, prototype, token Sale, roadmap... |
|
|
|
Saw this study on twitter... https://twitter.com/Zeex_me/status/978981735101878272I've seen a lot of people asking about how many legit ICOs there are, so I thought I'd share Quote from the article: "The study begins by breaking down ICOs into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, Successful. “On the basis of the above classification,” they wrote, “we found that approximately 81% of ICO’s were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange.” "Scams were defined by researchers as “Any project that expressed availability of [an] ICO investment (through a website publishing, ANN thread, or social media posting with a contribution address), did not have/had no intention of fulfilling project development duties with the funds, and/or was deemed by the community (message boards, website or other online information) to be a scam.” DYOR people ... I think that this number is greater than, must up to 95% |
|
|
|
hy mate,
do you hear about the recent in bitom exchange and coinrade exchange, so do you see why keeping money on exchange is very hard because once it is hacked they made away with your token or money.
so please what do you have to say about, because I m sure that is why the price of bitcoin and Ethereum goes down drastically this way.
I hate hackers. Everyone always be careful to protect themselves |
|
|
|
Bitcoin is a crypto currency, all currencies make upward and downward trends from time to time. Bitcoin is and other Crypto currencies are taking over the world economy. See every dip as an opportunity to buy more.
Invest now and smile at moon
I agree, all currency have their ups and downs from time to time. Buy and save it and increase your profit necessary and important. |
|
|
|
|
Show Posts
