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61  Bitcoin / Bitcoin Discussion / Re: Are you aware that some Banks accept Bitcoin? on: August 01, 2018, 10:10:36 AM
Yes, there are Banks now in the Us that accepts Bitcoin they are now cashless banks. They are still few now, but sooner or later before we know it all banks will accept Bitcoin.
62  Economy / Economics / Re: How will crypto go long term? on: July 31, 2018, 01:22:00 PM
If te demands of crypto increases regularly, its life will last longer. So for you to make your coin last longer, must stive to share and educate others to invest in coins cause there are so many coins in the market.
63  Bitcoin / Bitcoin Discussion / Re: How safe is Bitcoin? ✅ on: July 28, 2018, 01:29:49 PM
Bitcoin is well known for its safety. The biggest dangers are mainly hacker attacks on third party services, through which one accesses his bitcoins. These are above all the various crypto exchanges on which the users have created accounts or the bitcoins stored locally in wallets.

Basically, either the exchange itself is directly attacked, so that data can be stolen there. The biggest known incident was the hacker attack on Mt.Gox about 4 years ago, when a huge hack of Bitcoins was looted. This was also the reason for the decrease of Bitcoins 2014.

Today, the exchanges have improved to prevent such occurrences, because it can come to hacks and the trade is severely restricted or even stopped completely. This often leads to strong price fluctuations, mainly caused by so-called panic sells.

An equally large attack surface offer individual mistakes that can easily be prevented. Individual mistakes are the responsibility of individual users and are often:
- insufficiently secured user accounts due to weak passwords
- Login on a phishing site
- send the private keys to a scammer

If a stranger has once gained access to your own accounts, he can quickly transfer the entire balance to another wallet and due to the anonymity, it is no longer clearly comprehensible. For such a kind of total loss helps therefore only a careful handling with your personal user data.

But as long as you follow to the usual security rules and pay attention to secure passwords, which you should also change from time to time and do not use the same password on many other pages, an accident normally cannot happen.
The high demand and high competition between exchanges has also contributed to the improvement of safety standards.

How make you sure to safe your Bitcoins?



Bitcoin is safe as long as you use a strong password to secure it.There are a lot of hackers nowadays that i s why we need to pay closer attention to how we store it.Make sure we dont give anyone our password.Following security rules will also greatly help
64  Bitcoin / Bitcoin Discussion / Re: Samsung announce to accept crypto and blockchain payment on: July 27, 2018, 03:46:02 PM
There is good news to customers in the Baltic nations of #Latvia, #Estonia and #Lithuania,as #Samsung (one of the largest technology company in the world) has annouced to accept crypto and blockchain payments in the region using the Lithuanian-based payment platform, CopPay
I hope more major platform continue to accept digital currency payment.


That is a great news! People with bitcoin can already purchase Samsung items. I am going to tell this great news to my friends.
65  Bitcoin / Bitcoin Discussion / Re: WHY ANXIOUS ABOUT BITCOIN PRICE? on: July 27, 2018, 05:24:09 AM
Paying too much attention to price has no effect. If your father intends to sell his bitcoin, then it can be sold now. There is no need to consider too much.

people are anxious about bitcoin price because it is not stable.At times, it is hugh, at times it fluctuates.That os why we need to monitor the going up ang going down of bitcoin price.
66  Bitcoin / Bitcoin Discussion / Re: What to do when being scammed on: July 26, 2018, 02:49:03 AM
Learn from your mistake.Be very cautious next time.You need to verify if the site you are logged in to is legit.Read reviews.Tell others to be careful as well.
67  Bitcoin / Bitcoin Discussion / Re: What is the biggest misconception of Cryptocurrency in your country? on: July 24, 2018, 02:09:26 PM
they do not really believe because bitcoin is not physically like a country's legitimate money and most people think bitcoin is a fraud

Many people think it is a scam.It is not real.People are skeptic and pessimistic about it because it is not tangible.They cannot see it and cannot use it instantly.People say it is risky to invest in Crypto because you do not know who to blame when crypto fails.
But I belive it ia time for people to change ther view and start studying it.
68  Bitcoin / Bitcoin Discussion / Re: Crypto is For Risk Takers on: July 24, 2018, 11:31:25 AM
its not a risk, all that matters is invest what you can
Yes somehow.Because hacks and scam are rampant.You need to be careful in investing.Aside from, that you also need to be knowledgeable of what crypto is and how it works.
69  Bitcoin / Bitcoin Discussion / Re: Bitcoin is DEAD on: July 23, 2018, 02:28:05 PM
Bitcoin will never die it will keep increasing except it's no longer acceptable in the world.


I beg to disagree. Bitcoin is not dead because it is already being used throughout the world for a better and more convenient money transaction. It will only be dead if you will not believe it. Try it for yourself.
70  Bitcoin / Bitcoin Discussion / Re: A lot of hacks, whats the solution? on: July 23, 2018, 02:13:15 AM
1. Use a hardware wallet. If you can't afford one, make sure your PC is clean and use an open source desktop wallet (e.g Electrum) that give you control over your private keys.
2. Don't store your funds in exchange for a long period of time. Deposit, trade instantly and withdraw.
[/quote

First, you need to use a strong password to secure your bitcoin wallet.You may use combination of letters and numbers.Secondly, make sure no body knows your account.Do not give it to someone else.
71  Bitcoin / Bitcoin Discussion / Re: Bitcoin become an asset on: July 22, 2018, 01:01:13 PM
personally i think bitcoin is an assets,when ever bitcoin is a currency, but bitcoin currency is very strong currency so we can say bitcoin is a currency and big an asset.

Yes.Bitcoin is a big asset.It has value and it is being used already being used around the world for faster transaction.
72  Economy / Economics / Re: What do you prefer Bitcoin or Ethereum ? on: April 15, 2018, 11:07:08 AM
I was wondering which one was your favorite out of the two cryptocurrencies? I think Ethereum has proved to be more flexible than Bitcoin even though Bitcoin is making the biggest noise
Both bitcoin and Ethereum is good but i prefer to bitcoin because it has a great potential and very profitable.
73  Bitcoin / Bitcoin Discussion / Re: Good news from USA and Japan. on: April 14, 2018, 03:05:26 AM
Sounds really good! It's really good news and i'm happy to hear that USA and JAPAN belongs to or a part of bitcoin community.
74  Bitcoin / Bitcoin Discussion / Re: Should I keep my BTC now? on: April 12, 2018, 11:35:49 AM
Hi guys! I have been hold my BTC for a long time but now it's completely down and I started to think about selling it. My friend is very good trader and he advised me to keep all my BTC now and try to get some free coins from different forks because when BTC will be completely down forks will be more actual and valuable. That's why I am here to ask you how to get that fork coins for free? I have found very good fork calling Bitcoin Interest but I just can't understand how to do that.  Tell me please the best way to do that. Thanks in advance !
Yes, you can keep your BTC for a moment because BTC price now is very low and you may sell or trade you BTC if the price is increase.
75  Bitcoin / Bitcoin Discussion / Re: teach your children about bitcoin on: April 11, 2018, 02:25:47 PM
hello guys , i just want to share what am i doing right now to my children, i have a 10 year old kid , he is david . this coming summer i want to teach him about cryptocurrency. especially bitcoin, from his young age i want to share him my knowledge about this kind of things. im happy that he is excited a little bit however it's so hard to explain but then i use some examples like video games as a reference about bitcoin. probably it might be the easiet way to understand how this things works. for example bitcoin is like a video games, you need to do a lot of research about bitcoin to know it and ask some people what  they know about bitcoin or  like experiences  , like games you need to do a lot of practice to mastered the games , can someone help me about this ?
For me it is better to teach your children about bitcoin at their young age so that they can easily understand what bitcoin is all about and use it in the future.
76  Bitcoin / Bitcoin Discussion / Re: Why you Still believe in Bitcoin? on: April 11, 2018, 02:50:43 AM
I still do believe in bitcoin because i will surely become successful in the near future.
77  Economy / Speculation / Re: Price prediction by December 2018 on: April 09, 2018, 12:23:02 PM
As We all know, the crypto market has been on a downward trend since the second week of january.
Bitcoin market is still below the $10k mark which it was at the 1st week of February .
What do you guys think would be the price of BTC by December
Do you think bitcoin has the capability to hit the $30,000 mark before the end of 2018 or go below $6000?




My prediction of bitcoin price before the end of december will be $25,000 and above,I still remember what happened last year,all of us don't expect to reach 20k so nothing is impossible to bitcoin.
78  Economy / Economics / Re: Why BTC is having a high price? on: April 09, 2018, 11:12:18 AM
It was below 1k last year beginning. But from the mid year prices started to explode! What's the reason behind these price rise?


The reason behind the price is getting higher and higher as time goes by is because the high demand of bitcoin and many investors are attracted to invest in bitcoin.
79  Bitcoin / Bitcoin Discussion / Re: Are You Discouraged with Bitcoin? on: April 08, 2018, 01:20:15 PM
On the contrary, I'm proud of Bitcoin's upbeat boarding of the Chicago Board of Trade, which I think would be even better if the blockchain problem could be completely solved.
No, i'm not and i will never discourage with bitcoin because i know bitcoin will help me/us in the future ad i fell that i will gain a good profit here in bitcoin.
80  Economy / Economics / Re: Why people says gold is better? on: April 08, 2018, 12:57:03 PM
It is partially a nostalgia that's dates back to the days fiat currency was backed with gold. People long for something physical to represent their monetary success, and it used to be symbolized by a shiney yellow precious metal called gold. Old habits die hard, gold brings back memories of the old days and comforts people in the sense they have something physical to represent their efforts. Bitcoin is the future.
People say gold is better because they can see, touch that gold unlike digital currency and maybe they don't know how to use and even sell it but for me bitcoin is better.
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