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Love to thank you for the nice possibilitiy of participating the airdrop. It is a good thing to become familiar with new projects you would otherwise not know in the first place. Well usually i like to buy an sell tokens like other altcoins in general. Wheras i also like the idea of blockchain.io. New technologiens an techniques like blockchain io are alsways good because there is a lot of deversivemant in the new cryptocurrency environment. The more the better because the strongest will survive the battle for the public. Blockchain technologie is the future and very important also get to knowsn by politicians and institutions. Ok, it has advantages and disadvantages but let us say again - blockchain is the future and it is important to jump on this train even if the big mass of people are not so familiar with it – so far. To sum up be part of that revolution – not just evolution and join blockchain.io. the possibility of joining without paying in the first place by joining the airdrop ist fantastic. Thank you again for that amazing possibility. Hopefully blockcaion io becomes a big marketplace for good tokens. Let me also have a hint. BTCP is a coin with bis potential. So list it and everyone will win- a so calles win win win situation Grin
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Am a newbie here hope and I love this project 0x39A5c85e54Ab3fDa347D26Af3D3fCE81fC74F8bB
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Most banks don't accept bitcoins instead if you want to exchange bitcoins in banks that means you are willing to pay a high amount in bank exchange rates.
Let me tell you the reasons that we have bitcoin exchanges as banks and why you need to verify your account by bank statement,residential proof of address,and your identity documents?…that compliance is used to like you bank account with your exchanger for making deposit transaction,or withdrawal without any problems that's why is called friendly exchanger
So always make sure your wallet verified to easily exchange your bitcoins to currency note without any problems experienced
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First of all, you all that have answered so far gave some really good insight on Bitcoin, but that does not answer the question (If I am understanding the question correctly). I am sure that someone else will still have this same question. In that case, I will give my best attempt to answer the question that i asked.
I think that the people that have so far answered the question didn’t realize at the time of posting their answers didn’t realize that banks are actually allergic to Bitcoin. What do I mean by that? Well… Before you do any kind of serious trading or transactions with Bitcoin, you must first have some things in place. For instance, you must have an anti money laundering agreement in place. People think that profits from Bitcoin is tax free. The IRS doesn’t see it that way. Bitcoin profits are taxed as capital gains. So if you’re going to do any kind of significant volume using a bank as a middle man, you have to have things in order, or else, they will shut your account down and you may even see a negative balance. Bank of America is notorious for shutting down accounts!
To get a good idea about which banks are most Bitcoin friendly, I suggest that you visit Bitcoin News, Blockchain News, Prices, Charts & Analysis - CoinDesk and inquire within the community.
I hope this helps! Just keep in mind it’s going to be more so about that anti money laundering paperwork than it really is about the bank itself.
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What I know is that with Bitcoin, you own your own online bank at blockchain, If I accept payments with bitcoin or earned bitcoins from one of my invesment programs that means i will be able to send my bitcoins to a bank account to get FIAT currency without using an exchange?
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When they really need to. But they'll fight it hard! Apple's business model is to lock everything down -- very closed indeed. This does not align with the goals of bitcoin, at least, how I perceive them.
tl;dr Apple = closed. BTC = open.
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#Join Bitcointalk username: Adenke Telegram username: @Olaitan210 Eth address: 0x39A5c85e54Ab3fDa347D26Af3D3fCE81fC74F8bB
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I don’t see how a distributed network that confirms and balances itself can be hacked. Many people say that they know how to hack bitcoin, and they mean to hack websites that have bitcoin accounts and wallets. This is site hacking and not bitcoin hacking. If you think that you can do this, I’ll wait and read the bitcoin news magazines, about the hack of Bitcoin.
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Sincerely you cannot hack Bitcoins or the ledger Blockchain.
There has been several reports crimes reported regarding bitcoin hacking, but nowdays it is not possible to hack it. As the network strength is very high don't even think about hacking the network.
The only possible methods of hacking bitcoins are
Hacking into a mining pool Doing a MITM attack Social engineering a bitcoin user Hacking a private key Hacking any online walletswallets Those are coded very well without any loopholes, they are stronger the weaker part is human. Yes humans can be easily hacked, but not bitcoins.
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Hello everyone, Everywhere I go, I see Bitcoin popping up more and more. Many web services accept payments in the form of Bitcoin, and some even sell their homes for the stuff. I know it's a digital currency, but where does it come from and how is its value determined? More importantly, should I bother earning it and using it for any reason?
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Other than the 51% hack, the way to hack bitcoin it to hack the math which underlies the currency.
SHA256 is a special type of mathematical function which is really easy to solve in one direction but is very hard to solve in reverse. At least the only known way to solve SHA256 is reverse is very hard. So hard in fact that our best implementation is to just randomly guess until we get the answer.
If you could hack the math and find an easier solution, then you could hack Bitcoin without the need for more computing power. Since your algorithm might be 99.99% more efficient than the brute force method, you'd only need a tiny fraction of computing power to overwhelm the network.
It's believed that quantum computers might have the ability to crack these types of one way functions way more efficiently than the brute force method.
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This is a good project with innovation contributions to the progress of crytocurrency ecosystem . Definitely it will gain massive adoption.
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How can Bitcoin be hacked? How could a malicious entity either hack the Bitcoin network by stealing BTCs or shock it to death, triggering panic and drops in BTC value?
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I believe you, I know in the next few months Bitcoin may be $50k, and that will be awesome, so my advise is that we shouldnt stop investing not only on Bitcoin but also on other coins too
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Some women are just too busy for that , they have kids to take care ,cooking and so many and when they eventually have time to come online all what mostly do is to chat but am proud to be a woman and I love crytocurrency alot
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BTC goes green, all alts go red.
BTC retracts a tiny bit, all Alts go Green.
So the question at hand, is where is BTC's bottom.
A smart trade now, if you want to be a trader, would be to pour back into BTC until it's next nice green day, then pour that into alts.
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Bitcoin or other successful crypto currency can not completely replace the currency fiat, this is a dream for dreamers unfulfilled dream. Compete in power with the main attributes of the state, which are banks, national money, tax authorities, is very dangerous. In this competition, the crypto currency will clearly lose here, because states have existed for thousands of years and nobody has ever managed to destroy it for a more or less long time.
I agree with u , but nothing is impossible, is actually a dream and I believe it can still happen , who believe that by 2018 bitcoin will worth $11k but now if you where ask how much will Bitcoin cost by 2020 u will move the price higher, so I believe one day there dreams will comes through
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To be honest nothing special there Girls always have been far away from IT and simply don't interested on making something complex. for them much easier to make yourself better and after all improves just find rich husband Not all ladies are like that some men are also very lazy waiting for ladies to feed them, woman can't just depend on only crytocurrency, but men can do that , women takes it as option B, but men can be online during the day and even over night
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