According to my friend preev.com, as of press time, the value of Bitcoin is standing at $2,351. Though I would say that this still considered as a feat, some are worried because it almost reached $2,800 again after the correction that happened days ago.
I have read that the decline can partly be contributed to newcomers especially neophyte traders who still have to be well-versed on the market...and can easily be ignited to do panic selling once they can fell that anything can be wrong.
Against this backdrop...are you holding on to your Bitcoin or transferring it into another digital currency?
Theres no need to panic all currency got fall but it will rise soon as posible. The prediction of bitcoin is so high so no need to worries... keep calm and bitcoin  All the big trader are waiting for the chance that when the rate will be fall because when the price fall then trader start buying more and more bitcoins and then hold for the right time when the rate is again increased from the previous rate then they start selling their coins and earning money though this way. |
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Gold has long been there and before Bitcoin exist gold is a good place to invest money. Many people also use Gold as jewelry. But from both i just prefer to holding Bitcoin, Bitcoin now is not like before. We can easy make profit by trading Bitcoin because the price movement will likely continue to rise.
Every person has his own mind choice but according to my choice holding of bitcoin is so better than holding of gold and the reasons are Working with bitcoin is easy as compare to gold Working with bitcoin is secure than gold Working with bitcoin can give you enough profit then gold. |
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I think it will not end. no one can stop bitcoin even bill gate said that. instead it will become more strong and become higher the value. more be a member and channel of blessing to many people who keep trusting despite of negative feedback that try to destroy the bitcoin. some said that bitcoin is scam, to those are not know really the bitcoin.
Some people are thinking that bitcoin will be end very soon so I want to tell that a product in the market will live when their users are present in market and if we can judge the users of bitcoin then they are increasing with time with a very high rate which will prove that bitcoin will be live forever. |
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Bitcoin is difficult to explain. I also felt difficulties in understanding bitcoin for the firs time. Let's share how to explain bitcoin to children of teenagers. In My country I can say 98% children don't know bitcoin. In fact, bitcoin can be future money. If the children not familiar with cryptocurrency or bitcoin, how can they face the digital era in the future.
I think since bitcoin and other cryptocurrencies are same as money, so teaching kids or teenagers would be the same as teaching them about our current currency. The only additional that we need to teach is making online wallets and everything about transactions online, which is not hard, since everybody is studying the internet now. Teaching about bitcoin is better for the future of bitcoin because in future bitcoin will get large number of followers. And for teaching of bitcoin you will need to include lesson in the school course so that children can get proper information about bitcoin. |
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Very nice and awesome, bitcoin is freedom especially in my country, freedom to earn money and freedom to gain more knowledge but sad to say bitcoin is now known yet in my country. They dont know what is bitcoin all about. They think this scam.
Like me, my country forbids the use of bitcoins. there are criminal penalties for those who violate this rule. unfortunately, they do not realize the benefits of bitcoin Bitcoin give u freedom because if we bitcoin it means we have money and when we have money we are free to make our dream real. Also if we have bitcoin it give us freedom to invest in project and generate income for a better future. Also due to the high secure system of the bitcoin we are free from the tax of the government while we pay tax on paper money. |
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True. I believe that paper money will soon be replaced by cryptocurrencies because of its efficiency, convenience and near real-time value. People will soon realize how convenient it is to transact using digital currencies because by then there will be equal value of what we buy and/or sell. Like for instance, you need not wait for change when you pay using fiat currency because by using cryptocurrencies, there is an actual equivalent to your purchase. That is just one of the many instances you will later realize once cryptocurrencies dominate the market.
I think the same! No one can say when will this happen, reality is that now cash have alternative, 10 years ago this alternative did not exist. Real-time value is something that is not yet achieved, from there all fluctuations come. This year many new ICO`s appeared, and many companies joining. In my opinion the end of traditional currencies already started! Member Zinkin said it will be a long process and that is true, it will be but it is happening already. The future of paper money is likely dull , because as we are observing that bitcoin provides unique facalities to user which paper money can’t. like easy transfer , high security and high rising rate in the market. It attract people toward itself and force them to invest in bitcoin. The paper money will likely lose the high importance and may use only for hand to hand trad only such as daily life buying and selling. |
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Cryptocurrency has been widely criticised for lack of regulation. Do you think it is possible to come up with a regulatory framework around Bitcoin?
yes i know that currency has been widely criticized because of lack id regulation but we know that bitcoin is that type of currency which people like and invest daily and if we see people all over the world invest in bitcoin only because bitcoin is full of benefits. Besides the lack of regulations which is commonly criticized by the people I am looking no such impact on the popularity and profitability of bitcoins. People are increasing their investment in bitcoin day by day which is a clear indication of its high profitability and high rates of returns. The regulation of bitcoin depend upon the trust and popularity of it. I think in the future it is possible for some countries that the regulate the bitcoin but it will create an impact on the banks of that country. Because bitcoin is more beneficial for people than banks so people will prefer the bitcoin and banks will impacted. While banks are very useful to a country. |
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I doubt that politicians will want to implement blockchain technology. Many of them are in power only because of election fraud. As to the cryptocurrencies this is a good way for poor countries to have salaries at the level of the which is produced in the developed countries. But it requires certain skills that do not have people in poor countries. Now education has a real price.
There is a difference between the blockchain and bitcoin, banks and governments are fine with the blockchain and are in fact making their own research on the subject but they hate bitcoin, bitcoin is a threat to them for the simple fact that is something they do not control, bitcoin is going to give true freedom to people and that is what they fear more than anything. The impact of crypto currency is on the all paper currency because paper currency does not give some unique qualities that crypto currency provide such as; the high value pumps of the bitcoin, the high market value of the bitcoin and the most important one is the high security of the bitcoin. Also the easy transfer of the crypto currency and cheap rate for transfer. These qualities make people bound to use bitcoin which directly impact paper currency. The impact on paper currency directly impact the banks trade all over the world. |
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what is sure is that while BTC take steps to those difficulties will keep on being an important instrument, I believe it's too soon to state whatever else to the legitimacy or perpetual quality of this, however from what people groups see at the season of composing this, is in spite of the good and bad times it has had still appears to be extremely solid, and is exceptionally inaccessible from what the title says, we should hold up longer to have a clearer definition.
Bitcoin is now not stoppable and cannot died because a large number of people are working on it and making investment in bitcoin. Due to the bitcoin a new trade is developed which is more beneficial for the modern world. Due to its high security it can’t be hacked so the chances of the died become zero it that point. |
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Why dont know everyone wanted Bitcoin to replace anything like bitcoin replacing fiat currency, or bitcoin replacing gold. When every one knows that Bitcoin is more like a good investment option just like gold and both investment option are good for investment as their price fluctuation is high.
Gold is does not have that high fluctuation on the price because it is more likely for long term investment which is good for people who want to have a secured investment. Bitcoin is just for people who want to make money in either short or long term or to be involved in the latest technology of the currencies and that is all about bitcoin and other cryptocurrencies. Bitcoin and gold can both be considered resources. Them two can likewise be utilized as a wellspring of venture or for individual utilize. On account of bitcoin, it is better as far as its utilization and security. It can be effectively traded among two individuals and nobody needs to stress over its security. It is less demanding for hoodlums to take gold since it has physical properties while bitcoin is a virtual or online money and there is no compelling reason to stress over its security in that sense. Likewise, bitcoin is additionally more profitable than gold and is expanding day by day at a quicker rate than gold. |
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During this time last year, the price struggled to break new resistances and only got to $800 for a while only to return to the $600 level before the big push towards the end of the year. I think this year would be a little different in that there have been new highs very early in the year. Consolidation stage might take another few months more before another bull run presents itself.
Bitcoin insights have genuinely demonstrated some amazing outcomes in the course of the most recent few years. In spite of its cost diminishing over a shy of time every year, it has dependably figured out how to recoup and rise rapidly among the diagrams. Many individuals including specialists foresee that bitcoin will effectively outperform the four-thousand-dollar stamp. Bitcoin's product will be additionally enhanced by this year and a more secure refresh will be accessible by August which will additionally spike bitcoin's esteem. |
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So my initial plan was to invest more into bitcoin on a weekly basis but with the possibility of a split on August 1st I figured I'd wait a little. If there would be a split, there would certainly be a drop in price so maybe a good opportunity to pick some more up rather than doing it now. Normally I tend to make these kind of decisions for myself but since I don't fully understand what will happen August 1st I figured this would be the best place to ask.
There will be no split on August first. If you are going to buy bitcoins, I suggest that you buy some before the activation of segwit on August. Maybe a week before August. Bitcoin's price is expected to drop at that time because of some people who might panic sell some coins because they are afraid of the uncertainties about the upcoming event. After the activation, the price will go up. Venture all in all is generally viewed as an unsafe business. On the off chance that individuals settle on the correct decisions and choices at the perfect time, they can wind up plainly moguls or settle on the awful decisions mostly in light of freezing and anxiety and lose all their capital. Keeping a hopeful approach is imperative particularly for individuals get terrified effortlessly. Anyway, as indicated by numerous specialists the cost of bitcoin will increment to four thousand dollars by the year's end. |
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I am waiting because i am a bit lost this days, and a lot more pessimist. so i will see what do after, or maybe sold everthing before  Do not sell your bitcoins before or even for a few years because selling will not help you to become rich and it will just cut the connection of you and also the opportunity of getting rich. Just hold on and keep dreaming for a higher price because it is better than worrying about the price and also for selling bitcoin, there is no better than patience because it always pays off. It is better to wait for the increment of bitcoin’s worth. The more you wait, the more you gain. Being patient for a long time helps being richer in case of bitcoin. How can we think about the downfall of the worth of bitcoin ? The improvement in increment of its worth is in front of everyone. Many people have use it as their business and they have enhanced their financial status by keeping bitcoin for quite longer time and when the exchange rate of bitcoin reached their target they used to sell the bitcoins. I emphatically can't help contradicting the forecast that bitcoin costs will fall after the SegWit refresh is actuated. A few people may freeze offer, yet this does not change the way that many individuals have been hopefully been sitting tight for a constructive outcome in the bitcoin and have just contributed a large number of dollars. This as well as after the refresh, together these two components will make the estimation of bitcoin to ascend regardless of the way that a few people may freeze offer their bitcoins which will eventually be their misfortune. |
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Wait to buy is never a good option from my experience. The best thing to do is buy a bit at time; small amounts when price is relatively high, bigger amounts when we experience a drop, hold and watch when the price is really high. For now I see the price going down soon before the fork, that will be a good time to buy a bit more. Also after the fork we might see different scenarios, but we sure hope it will go to the moon  Bitcoin will accompany the SegWit refresh after the August first which will enhance the security and similarity of the bitcoin center programming. After the occasions of August first, it has been anticipated by many individuals that the esteem and cost of bitcoin will rise radically. Keeping this in see many individuals have just begun to put resources into bitcoin to get greatest benefit after the occasions of the specified dates. Because of many individuals contributing as of now, it can be seen that bitcoin costs have risen as of now. |
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Having heard about this website recently in one of the Telegram channels I joined. This website claims to earn 0.0000004 bitcoin every minute / 0.0006 everyday. I've searched about this website but there is no many information. I found this website listed in the bad list on badbitcoin.org with the reason "Don't download that plugin. It seems to be phishing Lastpass credentials", I told this to some users using this service but they try to convince me this is not true or they don't care about Lastpass because they don't use it. I still not sure if this website is legit or not, want to hear some opinions from bitcointalk users. i can say that site is just another HYIP/ponzi site where you will get paid if there are more investors come and make deposit after you. there is no real mining, they say you will mine using your browser? f*** that shit. even GPU's will have hard time generating that much coins daily It's true and is all over the forum. That's shameless thing companies are earning money by scamming others. Mining hopefully develop in future (the cloud type) and will give us real opportunity. But for now everything seems to be filled with hectic contracts claiming you big returns. There are only few of them who are legit but still they are cloud miners anyway. It's presumably a trick as it is recommended by the vast majority. All mining organizations are trick and are not put stock in commendable. Regardless of the possibility that this isn't a trick, the measure of individuals who are calling it trick are sufficient purpose behind you to avoid it. There are different thoughts like exchanging, signature battle, betting and crediting on the off chance that you need to get into bitcoins all these different choices are reasonable and great. In any case, on the off chance that you truly need to do mining still it's smarter to setup your own apparatus and in the event that you can't do that, beginning mining is one of the trusted cloud mining organizations. |
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Some math, and a question. 85 billion - 18 billion ( reserve ) is 67 billion. Payout is 150-1500 per two minute block. Assume a 1500 payout all the time, since the exact payout is unknown.
71 billion coins / 1500 coins per block is ( rounding all figures ) 45 million blocks. 45 million blocks x 2 minutes per block is 90 million minutes. Or 1,500,000 hours, or 62,000 days, or 170 years? A bit optimistic, don't you think?
It would take 46 years of mining just to equal the reserve......
What is the rest of the story?
*edited to correct math with correct reserve amount*
This exactly. So far it looks like rewards is just 150. So it looking more like 460 years right now lol. |
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I had coins on the second launch, nothing so far on the 3rd.
They say no pre-mine, but took 18 billion coins, where only 108,000 coins are mined a day, unless my maths is wrong, it will take 461 years to equal that amount of dev coins.
That sounds pretty crazy to me.
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I'm willing to mine again, shame the pool messed it up. Please PM me new wallet to mine when ready, thanks!
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No sync after block 1044 .
Is it stuck on 1044? Edit: isn't this the exact same problem that tanked your project last time? If you need to relaunch again, you have to compensate everyone with blocks on this chain. Yeahhh looks like it's stuck, been on 1044 for over 25mins now. I'm still mining to see if it clears, but something seems to be up. |
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