Bitcoin is not supported in some countries for Banks. The main competitor of bitcoin is bank. it was due to good and effective features of this crypto currency. Many people are attracted to invest in this coin instead of investing to other crypto currencies. Moreover transactions using bitcoin is much easier compared to banks. And i think this is one of the cause for the banning of Bitcoin. Please check the article here >>

https://bitcointalk.org/index.php?topic=2864921.msg29412936#msg29412936

It seems the Bitcoin is having hard time to hike up, it Shows Weakness Above $10K. Today i saw the coin desk news about it . I was very scared about the last crash , but now relieved because i got the clue.  We have to go to the past , not too long , just last year . What actually happened last year?

SCENARIO
In 2017, Bitcoin's price taken off from $1,000 to approximately  $20,000 before dropping down to around $13,000 toward the finish of the year. From that point , its price has risen and dropped irregularly everyday, dragging littler cryptocurrencies like Ether and Ripple alongside it. In case you're new to crypto world , this sort of instability can be confusing  and torturing for the fact that you contribute at the wrong time, but if you take a closer look it starts to make sense. Here’s why Bitcoin’s price keeps changing so drastically, and why it may get more stable in the future.

• Bitcoin Is Still a BABY

Bitcoin was first published in 2009, yet it just truly picked up standard prominence in 2016 to 2017. The innovation is still new and that is a major piece of why its price is so difficult to bind. Adding to that,  the majority of the Bitcoin on the planet is owned by a little groups of people (Comparing to FIAT). In 2017, around 95 percent of the cryptographic money was possessed by a little more than 4% of individuals with Bitcoin, as per report. That means that a single person could decide to release huge amounts of Bitcoin into the market at any moment, completely upending its value.

• Acceptance and Banning (News Impact)

The price of Bitcoin can also change drastically as countries and financial institutions adapt to the idea of cryptocurrency. For instance, when one of South Korea's greatest banks tried out the innovation it caused a spike in price . Then again, when China declared plans to get serious about  Initial Coin Offerings (ICOs) the value of Bitcoin dropped, and a similar thing happened when a South Korean government official said the nation may boycott crypto currencies through and through.

• Bitcoin is different than others (Computing Power and Power Consumption)

Bitcoin isn't generally similar to other for the block chain technology.  The first moto for Bitcoin was a friction less version of cash that you could send to anybody everywhere throughout the world. To transfer Bitcoin from one address to another needs much computing  power and electricity consumption (This complicated process is created for decentralization and security) and this is the  fact that every exchange takes a huge amount of computing power (and power) to process, it doesn't really work extremely well as a type of real cash. That is made vulnerability, which prompts fast changes in its value.

• Non stop Trading

Unlike other types of investments, like stocks or gold, Bitcoin trading never stops, either. There are no market hours. Instead, you get non-stop 24/7 trading, which means even more fluctuations in Bitcoin’s value and less stability day-to-day.

There are 3 ways to get BITCOIN STABLE  those are >>>
1. POPULARITY
2. POPULARITY
3. POPULARITY

Hope you liked it . Actually i really don't think i am late mover in this market , way to go now. New comers like me , just don't fear the crash, Just go forward.

I can't fully agree with the fact you have given , but yes the last sentence is so true.

I know these are only basics. But hope we can practice all. We are already enhancing the revolution.

The estimations of Bitcoin and other crypto currency have been slamming and crashing of late, yet one investigator is anticipating an enormous ascent ahead for Bitcoin—with a figure for it to achieve substantially higher in 2018.

Right now worth around $10,000, would need to increment by more than eight times its present esteem. And this is not my words , this is how saxo bank correctly predicted the previous. .

Be that as it may, the investigator anticipating Bitcoin's 2018 surge has been just previously. At the finish of 2016, the Danish firm Saxo Bank discharged its yearly rundown of "Absurd Predictions" for the year ahead. In it, the bank's experts said that Bitcoin could without much of a stretch triple in an incentive in 2017. That expectation worked out as expected by the spring of 2017. Bitcoin went ahead to increment from around $900 to $18,000 throughout the year. Bitcoin has battled since the finish of 2017. It has dove over and over, and its present esteem is down about 33% from its untouched high.

Please check my latest post
https://bitcointalk.org/index.php?topic=2946481.msg30262709#msg30262709

If you think this deserve merit

Thanks for your valuable information, I was really needed to know this. You just made my day easy.

Bitcoin is the most successful digital currency to date. I am seeing everywhere , the word "Bitcoin"  Becoming Popular day be day in both popularity and controversial sense. But whatever happens , we are engaging with Bitcoin in various ways and we have things to do to roll this revolution .  I have got few ways , here those are- (These are applied to individuals and also Big Companies)

• Accepting Payments:  

The most straightforward approach to get into bitcoin as a business person is to start accepting bitcoin installments through a vendor /merchant solution.  In 2018, i think there were more than 600,000 (appx.) retailers that had just begun to acknowledge bitcoin payments through bitcoin installment processors like as Coinbase, BitPay and Coinify. And the good news is most of these are reputed companies.

• Through BTC Mining:

I think mining BTC and mining gold/Diamond are same in a sense. One is physical one is virtual. Haha . Anyway. In the perspective of evaluation both are quite same. And in the place of gold pans and digging element , you just need a computer or machine to mine in a network. The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks (about four years). The current number of Bitcoins awarded per block is 12.5 BTC. Which is still huge. Its exceptional that When bitcoin mining was still new, you could mine using an off-the-shelf computer but now you need a real solid calculating device. And people are still very much likely to engage in this section. The number of Miners are increasing day be day.

• Investing in  BTC :

We can buy bitcoins utilizing money through a bitcoin trade and after that exchange the bitcoins to your bitcoin wallet. A bitcoin wallet is utilized to store your private keys which are coordinated to your bitcoin address as confirmation of your responsibility for bitcoin.And i think one reason that bitcoin has been popular as an investment vehicle is because the numbers are limited. There are only a maximum of 21 million bitcoins to be mined.
The limited amount of bitcoins makes it an appealing speculation apparatus for some, despite the fact that the cost of bitcoins has been very unpredictable. In the event that you are a smart financial specialist, you might have the capacity to figure out how to benefit from the changing cost of bitcoin.

• Engaging in Digital or equipment wallet service:

All proprietors and owners of bitcoins require a protected place to store their bitcoins. To protect it from hackers ,we are storing them in an advanced or equipment wallet that is like a virtual financial balance. The greatest danger to advanced wallets are programmers. Many companies have taken steps to make it more secure , i also heard some where scientist are researching to make bitcoin's BIO wallet. Haha Private keys will be synced with eyes. Online security for digital wallets will probably be extremely important for bitcoin’s future.

• Provide solutions for bitcoin acceptance:

One of the biggest challenges that bitcoin faces for its survival is to find acceptance among non-users. Current bitcoin owners are invested in the success of bitcoin’s future. If you can create a way to make bitcoin more widely understood and accepted by the public, you are onto a winner.


Hopefully you guys liked the article. I am sorry if you don't like it , I think we all are engaged with it directly or indirectly. We are already rolling the Revolution.

Awesome post man , i got a solid knowledge of exchanges through your article , please keep it up.
Thumbs UP.
 

My ether wallet can be opened both online and offline , to skip malware infection and phishing issues many initiate and advise offline wallet. I have 3 questions regarding that-

1. If you open an offline mew account , you got a ETH Id , is there any chance to repeat the same ID on online ? Because the offline id may not be listed in their Database.

2. If you open an offline ID , then don't use it for long time. Will it get vanished ? For the above fact.

3. If it happens , what will be the correct procedure.

(MAY BE I DON'T HAVE ENOUGH KNOWLEDGE ABOUT THIS , MAY BE I HAVE WRONG CONCEPT, YES I HAVE FAILED SEARCHING ON GOOGLE THEN TRYING HERE)

I have questioned few times in alt coin discussion board. But most of the time very disappointed with unanswered questions . May be you guys will say this is Bitcoin forum. But please share your thought on this topic. I am really looking for it. Thank you.

Thanks VOD, it was out of my head that it should be in  ETH forum, But i rely on this group very much , that is why posted here .  Thanks anyway.

I am posting again because of not getting answer in general discussion. Experts member please help me out.

Now i have following question --

1. Is there any other way to centralize ether and all the tokens into one wallet ?
2.  Is there any way to minimize the transaction fee (GAS)
3. What is internal transaction , i saw in internal transaction the fee is low than normal. Is it possible to implement here.


Please give me a way out. Please help me. 

I am not saying the system is directly responsible for this but I think most of the people are not used to familiar with this factor. But it's true that one day will come when the Bitcoin will be used by the most and then they will evaluate it properly. I am praising the concept of science in the positive way.

I need urgent help. My brother just asked a question , but i failed to answer or give the best solution. My Brother just got  10 My Ether Wallets (MEW) and have some tokens and ETH in it. Now he wanted to centralize those 10 wallets into one.

The current GAS fee is currently appx $2.14 , he just got 5 different tokens or coins with some ETH. Then the total costing for centralization of one account is $5*$2.14 = $10.7  , Then to centralize 10 wallet into one will be $10.7 *10 = $107. Now i have following question --

1. Is there any other way to centralize ether and all the tokens into one wallet ?
2.  Is there any way to minimize the transaction fee (GAS)
3. What is internal transaction , i saw in internal transaction the fee is low than normal. Is it possible to implement here.


Please give me a way out.  

Actually till now there is less chance to get bitcoin banned in USA , but you never know the govt and central bank could  do whatever they want. But effectively actual it's not possible.

I already have bought few Vega 64 GPU for mining propose. I saw it will deliver 40MH hashing speed , but it it's only delivering 30MH just little more than 580.
But the out come is low.
My question is , will it worth my money with it's power consumption ? Suggest me what to mine with it for best out come ?

I am mining ethereum. I could still return it , if want to replace what would be better in that range . Thank you.

Ok thanks guys , I hope I could follow all the advise you all have given.

No one accuses a Currency (Specifically FIAT Currency) when Bad persons or Criminals launder Currency ,  but if those criminal used BITCOIN , suddenly  the system become so certain that, it’s a BITCOIN problem.

I wanna share something (one of my friends point of view). That is so correct. It will connect to all of us for sure.


Some years ago , if some one is murdered by some one , and they met through the internet. The whole world castigate and blame the internet. But now people are over it because they all use the internet now. Haha i really think this is the matter.

Same thing applies for the Bitcoin. Yes i know there are some specific rules about Bitcoin , as it is decentralize  and irreversible transaction process. But when the system will also use Bitcoin as we , it will not oppose. I think this is a brilliant topic to discuss. 

Thank you guys , i got my answer , I was just to conscious about the Merit factor. And wanting merit in deserved post is crime or not. It seems it is not crime. But certainly i will not run after merit . I will just deliver good post as per my ability. That's all.

Yes I think too. But to be the merit source we have to be after member ?