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Bitcoin / Bitcoin Discussion / Re: Why use Bitcoins ?
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on: April 15, 2018, 03:11:50 PM
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It is very easy to use.Also bitcoin is very good earning way.If you invest bitcoin you can get good interest. There are may website they accept bitcoin for payment. I think now you can understand why people use bitcoin.
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Bitcoin / Bitcoin Discussion / Re: Could bitcoin change our Future?
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on: April 15, 2018, 03:10:48 PM
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Yes Bitcoin change our future by changing our lifestyle. And this thing are happen since the dy it comes into the digital world. Bitcoin changes the thinking of people about digital currency. Its innovative transaction attract more and more people to use that. In this way Bitcoin change the money transaction process. It also change the way of shopping. It encourages people to do online shopping. Bitcoin also improve our banking experience by its innovative technology.in many country it change their economic future by reducing unemployment issues in their country
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Economy / Trading Discussion / Re: Long term vs. short term investing
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on: April 15, 2018, 03:09:39 PM
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I think, All depend on your patience. if we say short term we cannot really mark a word on that because we cannot really sell during a dumping of the price may rise five year from now and we don,t have a patience short term investing may never take place. Some with the long term investment I belive that it is really depending on your patience, Because we don't have a patience this long term investment.
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Bitcoin / Bitcoin Discussion / Re: I'm gonna sell my house
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on: April 15, 2018, 03:08:37 PM
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I don't think that is a good idea, you are going to sell your house to invest in cryptocurrencies? But if you have another house that may be good. You must know that you may lose your money in cryptocurrencies but if you accept potential losses then go on.
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Bitcoin / Bitcoin Discussion / Re: Good news!
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on: April 15, 2018, 01:21:10 PM
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Yes, yes, I always said that bitcoin will grow again, just rich people manipulate the market as well as in the stock market, now bitcoin will gradually gain momentum and will soon see 20 thousand bucks again
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Bitcoin / Bitcoin Discussion / Re: BitCoin 20 Years From Now
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on: April 15, 2018, 01:19:32 PM
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Who created bitcoin?
The developer of the program calls himself Satoshi Nakamoto (Satoshi Nakamoto), he proposed an electronic payment system based on mathematical calculations. The idea was to exchange coins without centralized control, in electronic form, more or less instantly and at the lowest possible cost. More on who Satoshi Nakamoto is
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Economy / Speculation / Re: What do you think will happen next?
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on: April 15, 2018, 01:18:00 PM
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What are the characteristics of bitcoin?
There are several principal features in bitcoin. Read about them below.
Decentralization
The central control body of the bitcoin network does not exist: it is distributed to all participants, and every computer that produces bitcoins is an equal participant in this system. This means that no central body has the ability to dictate rules to the owners of the bitcoins, as, say, it was in early 2013 in Cyprus. And even if some part of the network goes offline, the payment system will continue to work stably.
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Bitcoin / Bitcoin Discussion / Re: How can we share our knowledge to the other people about bitcoin???
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on: April 12, 2018, 07:33:05 PM
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How Bitcoin appeared
At the end of October 2008. e-mail subscribers of the resource gmane.comp.encryption.general received a message from the sender named Satoshi Nakamoto. The message contained a description of the essence and properties of the created crypto currency called bitcoin. The subscribers were explained that the new virtual currency unit is reliably protected from fraudulent operations, does not depend on any organizations, and provides an opportunity for its anonymous use to its owners. All information about the new crypto currency was also posted on bitcoin.org.
However, the history of bitcoins history, or rather, to say, the prerequisites for its creation were known much earlier. Even 10 years before bitcoin appeared, the advantages of creating uncontrolled crypto currency were described in his novel by Neil Town Stevenson. And researcher Nick Szabo up to 2005 worked on creation of electronic money system Bitgold. He argued that the virtual currency will not be subject to inflation. In addition, it can not be faked and stolen.
First deals
2009 is considered the year when bitcoin appeared. In January of this year the bitcoin application was launched for the first time. The starting money block in this system was generated by Satoshi Nakamoto, the bitcoin creator. A few days later, the first operation of transferring the bitcoin crypto currency from the account of one user to another was made.
There is a natural question: how much did bitcoin cost when it appeared, and where did these monetary units come from? It turns out that bitcoins were generated by users on computers. The bitcoin course in the end of 2009 fluctuated in the range of 700-1600 units. for 1 dollar. He was published on the resource NewLibertyStandard. The scheme of its calculation was primitive before the outrage. Based on the average power of the computer processor, multiplied by the price of electricity in the US and divided by the number of bitcoin generated by the site's creator.
Interesting to know! The first serious transaction, accomplished with the help of bitcoin, was the purchase of pizza. In May 2010, one of the users of the forum said that he was ready to pay 10 thousand bitcoin for pizza. At that time, the real cost of the pizza was 25-30 dollars.
The year 2011 was marked by the appearance of the MtGox exchange, which became the first platform on which it was possible to exchange bitcoin for ordinary money.
What is secured by bitcoin?
In contrast to conventional money, bitcoin is not backed by absolutely no material values. Neither the banks nor the issuing fund are engaged in supporting the course of the crypto currency. How then can you trust this virtual monetary unit, if the owner does not have any financial guarantees?
The fact is that the one who came up with the crypto currency was not going to back it up with gold or shares. This payment system has completely different properties. The pricing in it is completely dependent on real demand and supply on bitcoin. In this it is difficult to believe the people who encountered different financial pyramids. But, the fact is that bitcoin is created in this way - its value will only increase with time. This is because the cost of creating each new coin exceeds the cost of the previous one.
Who invented bitcoin and why, if there is no system of protecting depositors, and the value of virtual coins is not protected by anything? The point is that bitcoin was designed as an independent decentralized system for anonymous transactions. This currency has no "shadow" owners. Its stability is not able to affect either government bodies or large corporations.
To convince users that bitcoin is a serious project, and not the next pyramid, the following facts can be:
bitcoin has the highest degree of protection from falsification (it is almost impossible to generate keys or to forge existing ones);
each transaction has a complex security system consisting of at least 6 confirmations;
bitcoin mining is impossible without expensive computer equipment;
the number of goods and services that can be bought is constantly growing, paying for them with bitcoins;
Change in the protocol of the system is possible only if there is agreement of 90% of the members of the community.
Interesting to know! Every minute in the world there are at least 100 transactions involving bitcoin. This is a convincing proof of the prospects of the crypto currency.
satoshi pokamoto without a face Who is he, a brilliant inventor named Satoshi Nakamoto?
To this day, the question remains: who invented bitcoin? The history of creating a new crypto currency bitcoin refers to Satoshi Nakamoto. Is he judging by the name of a Japanese? Or, nevertheless, this is the conditional name of a group of people engaged in the creation of bitcoin, and wished to remain anonymous?
Very interesting is the analysis of the name of the one who invented bitcoin. If you translate from the Japanese "Satoshi", then literally it will sound like: "wise", "resourceful" or "clear thinking". The beginning of the name "Naka" in Russian means: "relationship" or "inner environment". The second part of Moto is translated as "foundation" or "origin". Is not it a very suitable name for the creator of a cardinally new, cunning financial algorithm?
To reveal the secret, who really is this great inventor, hiding under the name of Satoshi Nakamoto, so nobody has succeeded. The only thing known reliably about who created bitcoin, is that this person has a very unusual thinking. This confirms Jeff Garzik - one of the main developers of the system. He argues that the principle of writing the code of the ingenious inventor of crypto currency does not fit into the level of intelligence of a typical software engineer.
Specialists say that Satoshi Nakamoto is a very wealthy person. After all, at the end of 2013, he owned the amount of bitcoin, which, in terms of dollars, amounts to 1 billion.
Now this person has left the affairs connected with system bitcoin. He said this in 2011. But, he is sure that his brainchild, bitcoin, is in the reliable hands of a team of professionals led by Gavin.
The history of bitcoin is unusual. It is shrouded in a haze of mystery, which hangs around the name of the main creator. But, the fact remains: the ingenious invention works, and the new crypto currency becomes more popular every day.
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Bitcoin / Bitcoin Discussion / Re: Bitcoin Reaches Toward $7000
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on: April 12, 2018, 07:31:36 PM
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Money does not grow on trees, but it happens that they grow up in blockhouses. Everyone can get additional coins, only by giving proof of possession of the bitcoins.
Some crypto-currencies, such as Stellar Lumens and Byteball, are trying to gain momentum by applying a new approach to the distribution of their virtual coins and attract new users, called "airdrop". At first glance, it may seem very unconventional, but it has its indisputable advantages.
Bitcoin currently enjoys the advantage of a pioneer. This means that it not only has the most users - tens of millions of people around the world, but also those who know more about this new technology than the average person. It was these users who made Bitcoin the most valuable network in accordance with Metcalfe's law.
So instead of competing with Bitcoin, why not lure the bitcoins themselves to try their platform based on the amount of funds they already have in the BTC? This would ensure not only wide coverage, but also put coins in the hands of people who could use them - especially while they "hold" their precious bitcoins as digital gold.
On June 27, Stellar launched its second airdrop, distributing 16 billion in the XLM campaign, which will last until August 27. Their first airdrop in October 2016, culminated in the distribution of 19 million lumens. In fact, Stellar's mandate is aimed at distributing 20% of all lumens to bitcoiners for free. If you have bitcoins, then you can qualify for free lumens here. Owners of XRP can also participate in the free distribution.
How much can I get
Today, one lumen equals about 2 cents. If you have, for example, 10 BTC, then on assurances Stellar, you can get 9 866.83 lumens or about 200 dollars at today's rate. 100 BTC will provide you with a possession of 2,000 dollars in lumens, etc. To obtain lumens, follow the instructions. They include the registration of an account in Stellar and the signing of a message from your account of a new wallet to confirm the ownership of the BTC to a specific address at a certain point in time. This is similar to the signature of PGP, so do not worry - your private keys will not be disclosed to anyone.
Also you need to provide a Facebook account, although people who advocate for privacy should not have any problems (no one has canceled fake accounts yet).
Here is an example of how you can sign messages using the Trezor purse.
Byteball
Another altcoin, Byteball (GB), which currently trades at $ 570, is another crypto currency that distributes its coins to the owners of bitcoins. For every 16 BTC users receive 1 GB and for every 5 GB an additional 1 GB. To date, the company has already held seven hands of coins, and the eighth is scheduled for August 7, 2017.
Suppose you have 10 BTC. This means that you will receive approximately 0.625 GB or about 360 dollars. If you have 100 BTC, then you are shining more than $ 3,500. However, the Byteball coin distribution model is slightly different from the Stellar model. Although there is a message signed there and there. Byteball explains the procedure:
"To confirm your balances, install a wallet and talk to the transitional bot (you'll find it in the bot shop in your wallet). The bot will help you link your Bitcoin addresses and Byteball by making a micropayment or signing a message. "
If you keep your bitcoins in Trezor's purse, then here you will find full instructions on how to get free GB by signing the message.
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Bitcoin / Bitcoin Discussion / Re: I'm gonna sell my house
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on: April 12, 2018, 07:30:24 PM
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The main crypto currency bitkoin (bitcoin) on Wednesday evening strengthened near the mark of 7 thousand dollars, according to the data of trades.
According to the portal CoinMarketCap, as of 22.37 Moscow time, bitcoin rose by 0.95% - to 6.909 thousand dollars. At the Bitfinex exchange, the crypto currency grew by 1.12%, to 6.909 thousand dollars, to OKEx - by 1.05%, to 6.91 thousand dollars.
Alternative crypto currencies are also becoming more expensive: Ethereum - by 2.69%, to 420.89 dollars, Ripple - by 1.78%, to 0.5 dollars, Bitcoin Cash - by 0.15%, to 652.45 dollars, Litecoin - by 0.13%, to 114.56 dollars. Capitalization of the market, according to CoinMarketCap, is currently $ 270.38 billion. Bitcoin accounts for approximately 43% of the entire crypto-currency market.
"The stabilization of the bitcoine rate at just below 7 thousand dollars is not a disappointment, it inspires. The fall has been replaced by consolidation, and this is a sure sign of the projected growth, "RIA Novosti said. Plekhanov Konstantin Ordov.
Other analysts pay attention to the negative news background, in particular, to strengthen regulation in the circulation of virtual currencies in different countries. "Volatility is low - the bulls are fighting for support in the region of 6.75-6.6 thousand dollars per coin. The trend remains "bearish," and so far there are no hints of a reversal, and the constantly appearing negative news does not allow quotations to grow, "said eToro analyst Mikhail Mashchenko.
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Bitcoin / Bitcoin Discussion / Re: Ate you going to spend or save you bitcoin?
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on: April 09, 2018, 06:09:17 PM
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it depends on the situation, when bitcoins has a "storm" which means the price will go down, it must be the alts coins going up, at that moment i have to sell half of my btc to play some alts
Spending or saving the coins is totally dependent upon the choice of the coiner. If someone has an urgent need of money and he has no savings besides these coins then obviously he has to sell those. But in normal cases bitcoins are sold only when the prices are very low and that is mostly consisted of panic selling. Sometimes you can choose a coin that gives more than 500 X-boxes, and sometimes it's that I bought 1 coin on the IKO and after entering the market, they started to stand 12 times cheaper ( |
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Bitcoin / Bitcoin Discussion / Re: Bitcoin to eliminate unemployment.
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on: April 04, 2018, 08:16:21 PM
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Almost every country has unemployment problems. There are many young boys who are working unemployed. But the days of settling their turn are over. Now, if you wish, you can earn a lot of money sitting in the house. Bitcoin can earn their unemployment by earning. It can be possible to improve the country by improving their lives by earning bitcoin. That is why Bitcoin among all Habetahale to spread the knowledge of the second day will increase the demand for Bitcoin.
Politics is very difficult thing, now even unemployment is a carefully thought-out moment in a particular country, and from here and the decision that bitcoin is not such a huge solution |
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Bitcoin / Bitcoin Discussion / Re: i read news from indonesia
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on: April 04, 2018, 08:05:23 PM
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I read the news on one cool site, they put out in my language all the news that is in the world of crypto currency and then you can immediately decide where the course will go if you understand the basics of trade
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Bitcoin / Bitcoin Discussion / Re: Positive News about Bitcoin
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on: April 01, 2018, 05:27:18 PM
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How do you think after a series of positive news, large investors return to investing in bitcoin?
After all, the total value does not depend on small investments, but on large volumes
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