Latest posts of: Elkafi

Quote from: friends1980 on July 29, 2017, 10:27:21 PM

Nope, this is no existential question (although...). Everybody's talking about "When will Bitcoin die", but what if you die, and your family don't find your key, or don't understand it, or think it's only a useless sheet of paper with some code on it, or simply throw it away... Does this mean the currency's gone forever?

I find the possibility of this event rather realistic (yup I don't believe in eternal life), so that means that someday there might be 21M BTC but only 18M (and counting down...) is left in the market?

Yes, My wife knows I have bitcoin and other cryptocurrency she has a private key from my account. I have also taught him to open and sell him, I tell him if I die his decision if he will pull all my coins into the fiat for the cost of my death or he can save it for him and his future.

Quote from: Moneypham5 on March 23, 2018, 09:18:25 AM

The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.

I think all businesses should have risks including virtual currency investments.
the most important thing is never to believe in people we do not know and we must be careful. Be patient when the price is low.

Quote from: cd74reg on March 31, 2018, 05:11:51 AM

The scammers and crooks finally won! Congratulations because even your fiat will be near worthless at some point too! The economic freedom of the people is once again destroyed by the animalia raised by bad handlers.

To the "Lending" companies (hey man, do you think I can get my money back soon), I salute you.

To Bitmain and "the plan", I salute you.

To Wall Street who always knows my future, I salute you.

To the newbie crypto-millionaires, who only like the part about making easy money, I salute you.

To the lower middle-class who borrowed all the equity in their homes to buy crypto and told everyone about it, I salute you.

To the SEC who will wait until every crypto is worthless to go after anyone, I salute you.

To the old school crypto nerds, who cashed out in 2017 when they saw what was coming, great job!

I still remember the days when getting anything over a 1% yield on a bank account was something to brag about.

One day I will tell my grand kids about the time in 2017 when everyone except politicians were happy and it was a joy to work at any job because you had real money that actually could make you more real money. Time to find the next bubble...

I think bitcoin will not die this year. This is just a market correction. If you really believe in this, you will say positive things about it. I believe bitcoin will bounce back for sure, just wait.

Quote from: Cryptodiscuss on February 12, 2018, 03:53:02 PM

Bitcoin fell 70% from 19500$ peak and negative headlines had wiped out billions in value in cryptocurrencies,
But top U.S. regulators testifying before a Senate committee called for greater oversight, without proposing industry-killing measures.
That was something different from crackdown on crypto that hapened in asia, and created picture of stable asset from Bitcoin.
That news gave enough positive momentum for traders to continue investing in cryptocurrencie market and Bitcoin, and returned more than
100 billion $ back in crypto market, as we can see in the last week.

Something that can give us a little more volatility in price is Chinese New Year celebrations for the Year of the Dog begin in China
and follow across much of Asia, including Hong Kong, Taiwan, Singapore, Malaysia and Indonesia.
Chinese mainland markets are closed Feb. 15-21.

I think It's hard to believe maybe it just has a hard time for its increased value at this point. It is highly unlikely for the price to become stagnant because Bitcoin is naturally unstable. Fluctuations are always expected to occur. Ups and downs are happening even though some are not clearly visible. Eventually its market value will increase and that is reason enough to invest now. Maybe in the future butcoin will more stable, If the market demand is increasing

Quote from: mickymax777 on November 27, 2017, 10:35:59 AM

I'm currently investigating how to stay under the radar with regards to the profits made from crypto.

So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.

Added, I stay in a corrupt country where large scale government corruption is the norm.

Any help will be appreciated.

PS: Is the idea of crypto not to be anonymous.

Yes, I believe god will give us wealth on the grounds that maybe if we now have the capacity to help others with new wealth we have, we must help today before everything becomes a tool. The richness of bitcoin is such a blessing that is completely unexpected and perhaps introducing bitcoin excess is also a great way to help others that they will have ideas to make learning and maybe they can earn someday if they do bitcoin. So, I like that. I think It is a good way.

Quote from: davidmckillip on April 15, 2018, 12:48:00 PM

Well? Let's hear it.

If we compare bitcoin and litecoin, they are very far from each other in terms of quality and value, although they are all part of cryptocurrency but differ in crypto status of life. I think Bitcoin is more popular and more valuable. I prefer bitcoin than other.

Quote from: galaxing on April 10, 2018, 06:56:38 AM

I will wait for that time to arrive, because I believe the bitcoin price by the end of 2018 will soar.
I will keep the spirit to collect coins for my future.
although this month, bitcoin prices are worse than December of 2017, but I still believe it.
Can not be denied, the growth of Bitcoin value in 2017 is arguably fantastic. However, this criticism of cryptocurrency is analogous to a 'bubble' (because it continues to fly high but can 'erupt' anytime)

The year 2017 seems to be the period of proof for Bitcoin as the most calculated cryptocurrency. One climax occurs when the digital currency recorded a record high with the value (USD 19,796) on December 17 last.
Experts also predict that with these achievements, Bitcoin has the potential to record a much higher value next year.
"Bitcoin can reach (USD 60,000) by December 2018," said Mike Dumont, Senior Editor of Bitcoin.com

Yes, I really hope if in the future bitcoin prices will increase dramatically and I also hope that many people join bitcoin world in the future. I hope bitcoin will more stable and more popular.

Quote from: indrakusumaindra on June 08, 2018, 11:46:40 AM

https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/

I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

Yes, It is true. I think bitcoin is an asset, and it's hard to call it currency.
Since the currency will be widely used, and bitcoin is hard to use on a large scale right now, I hope the lightning network can change everything. I believe It will happen soon.

Quote from: jurelmartin on May 11, 2018, 02:23:28 AM

I am wondering if there's a huge probability of bitcoin investing will become a company's focus. Like making a company that specializes investing of bitcoins

Any thoughts?

I think one day a special investment using bitcoin is definitely there, with the development of Blockchain technology floating all switches in virtual money, and this is great for the future of bitcoin or crypto. Because crypto is the future technology. We will see.

Quote from: agatamannini on April 15, 2018, 02:22:04 PM

i am new in bounty campaing please sugest me how to start ?

I think you can start posting on forums within a month, you must achieve junior member rank in that time when you reach the junior rank search member for a good bounty doing signature. That's in my opinion.

Quote from: waqasniaz007 on May 08, 2018, 06:43:44 AM

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

I think the lack of job level can reduce the number of poor people especially in Asian and African countries. This is a common reason why these continents remain at the same level of economic status. With the crypto currency, the job can earn earn by investing or participate bounty.

Quote from: Xester on March 17, 2018, 03:21:06 AM

I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/

The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.

With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?

I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.

I think it just shows how much influence cryptocurrency has on the life and business of people who accept innovation. I hope all businesses will reconsider and try to embrace some sort of change in our daily lives by incorporating these technological advances. Because Crypto is the future technology, So It will be needed in the future.

Quote from: Ctn on February 27, 2018, 03:15:26 AM

As the title says I am pretty sure most of us who understands "what is the actual use of the bitcoin will know what it says"

Bitcoin :
Mint Symbol : BTC
Value : Avg. 10K USD/BTC
Form : Virtual
Use : Currency

This should have been the actual thing after the Satoshi's dream to release the coin like BTC in the market. The bitcoin was supposed to be used as currency to buy and sell things the same way we do with our dollar.

The first use of BTC was done when the guy bought pizza for 10K BTC. That was the thing which should have been continued today also. No matter what how much you pay for pizza in those early days, it could have been few satoshi's today but it could have worked just fine.

The status of the BTC has now turned to commodity. The commodity which is being traded globally for the own profit and to run the different industries. This is getting ridiculous day by day as replica of it coming out of the forks.

This Should have been the Future:

Bitcoin is ebbing used as currency in 2009-2010. Government see that its popularity is growing day by day and it could be of could use in the financial sectors, lets implement the blockchain in our banks!

Bitcoin earns the legal status

Bitcoin gets widespread across the globe and rest of the country follow the same and thus the nationwide legal status turns into the global legal tender!

People start using the BTC for trading daily life needs with help of bitcoin.

There are no creation of million BTC addresses daily but the only one unique address per head per bank account!

No exchangers are being created but only handy smart phone apps and PC wallets to store the coins linked with bank chain.

Bitcoin smoothly shifts in the market capitalism and keeps going upwards slowly but steadily. The value rises and it gets cheaper to use for daily needs.

Global financial advisor think about minted coins to be formed physically with unique barcodes printed on them.

First appearance of the BTC in the global market!

Yes, that seems to me perfect. This is what bitcoin could have followed but greedy human changed its history by using it for their own benefit as commodity.

I think If the price of bitcoin is more stable, It can be currency.
But I think bitcoin is an asset. Nothing is proved about it because our thoughts are set to assets, store value, trade, profit when we say "Bitcoin". If it's never going to be associated with that then I'm sure you'll use it as a currency as well without further evidence.

Quote from: ufatip365 on February 11, 2018, 07:02:28 AM

I believe many people are already aware of the bit. And it still hesitated that if you buy a bit will keep losing it? If it is, it will be too late. I do not think I have any guidance. I just want to present many factors to see that. What is the price of bundles it up or down the day it is due to what the problem?

Let's see it. The image below is a copy of the Fibonacci Indicator. I will describe the home language is. The price of time that has occurred, then compared to the future (same as the original) Okay new.

Removing prices from the beginning to the present. To analyze the probability of price in the future.
It sounds so much easier. But everything is just an analysis. There may be other factors involved that can not be predicted for the future. However, we know that the chances of a price going up there are possible.

The Basics of Bit Coin You Should Know

1. The first is that the number of coin coils is limited to 21 million BTC. Over time, the number of BTC coins that have been mined. Or take longer to dig. But the demand for bitcole is very high. This also affects the price as well as economics. I can not add it.

2. Confidence in the price of bit coincidence of investors. It is believed that the price of a coil is unlimited. Maybe up to 10,000 Cc coin or more.

3. Using bitcoin Instead of a payment system. And person-to-person transfers. Or even international money transfers, which you will pay very little. And fast. Can you buy a house or car with a bit? Or even pay employees in the company with bits.

4. The confidence of the people. Interested in digital currency And buy it for speculation. See last year. More trading. There are more markets for trading in the country, as well as merchants or shops using bitcoins to pay for goods and services.

5.The popularity of Bitcoin. Nowadays many people know more about coin coin. As we have seen in many countries, Bitcoin is one of the investments. And some countries are trying to push the use of bitcoin can be legally spent.

6. Bitcoin's price It is independent of the economic indicators of the country. It will be seen that the news about the state of the country will not affect the price of Coyle.

7. The average Halving incident every four years is a reduction in the number of digs awarded in half. This results in less supply.

8. Independence in trading If you want to trade, you do not have to trade at the Exchange Exchange. Unlike stock or Forex, Broker must be an intermediary.

9. The key to keeping the price down is flash crash. The market is hacked. This makes it hard to trust. The history of the previous Mt.Gox from Japan or Bitfinex of China has been hacked, resulting in the price of bit fell several points. And finally, confidence begins to return.

The future of bitterness affects the world.

Now, a bit more is happening. As you know, the whole world is tied to the dollar. Many countries that are trying to free themselves from the mega are trying to find a way to make their own country not be struck by the economy of the Mega. If the future is good. There are some countries that have used BIT as the main currency of their own country. I believe that day. Those who are prepared will have an advantage.

You may be like a dystopian, but that's about the future. But now I'm starting to see a lot of bits in some countries. There are even ATMs to wait.

There are still a lot of Exchange markets with over 50% market capitalization in China, as many people know China has been cold war for years. Trying to push gold prices for a long time. The price of gold is not significant. Aftermath from Europe, many people know. I do not know what China might have been. เล่นคาสิโนบนมือถือ

Too late?

If you look at bits as VI shares in the future fall to you or anyone in the world will have to use, I see that it is not too late. Bit is designed to be used from today until next. If you use a bit, you will know that the bit is not too late. There are many other ways to invest with a bit of profit. However, there are two aspects to study the information well. Lactate

No, I think It's not too late. It is the right time. If we are talking about getting bitcoin, I think there is no time required to make productivity measures.

Quote from: brawdias on May 26, 2018, 02:12:32 AM

I read that they are investigating criminal price manipulations over Bitcoin. Manipulation of prices is really possible ? This happened before ?

I think there is no price manipulation, it depends on the trusted bitcoin market if there are many customers who buy our coins, then the price is expensive.
That's my opinion.

Quote from: Marlo0619 on June 10, 2018, 01:01:55 PM

Bitcoin is very popular in the past few months because of its better value. Many people decides to join bitcoin and others are investing in it. Knowing bitcoin is one of the best experience in life. It's better to know it late, than never know it.

Yes, I agree it's better late than never. There's nothing wrong with trying.
Too late here is not a problem. This is how you work hard and dedicated in everything you do. That's in my opinion.