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Bitcoin / Bitcoin Discussion / Re: Can somebody steal your btc?
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on: May 21, 2018, 08:45:30 AM
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Yes, they can be stolen but its nearly impossible to do that. Bitcoins uses SHA256 algorithm and public key cryptography. A private key is required to use the bitcoins stored in an address (public key).
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Bitcoin / Bitcoin Discussion / Re: Why many banks hate cryptocurrency ?
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on: May 21, 2018, 07:00:26 AM
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The real answer to why the banks’ dislike cryptocurrencies is probably because they feel threatened. The recent selloff notwithstanding, the rise of cryptocurrencies has continued unabated, despite the efforts of some of the most powerful governments on Earth, while the concept is still very young, it does have potential to shake up the aging fiat system.
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Other / Politics & Society / Re: Tax
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on: May 21, 2018, 03:37:49 AM
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I think it depends from place you live. As I can see in my country people can gain so many benefits from taxes such as: - Universal healthcare - Unemployment benefits - Infrastructure maintenance - Defense - Healthcare
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Other / Off-topic / Re: Domestic violence
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on: May 21, 2018, 03:23:52 AM
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Studies suggest that violent behavior often is caused by an interaction of situational and individual factors. That means that abusers learn violent behavior from their family, people in their community and other cultural influences as they grow up. They may have seen violence often or they may have been victims themselves. Some abusers acknowledge growing up having been abused as a child. Besides, alcohol and drugs may contribute to domestic violence. A drunk or high person will be less likely to control his or her violent impulses toward their partner, so keeping such drinking or drug use episodes to a minimum may be valuable for a person living in a domestic violence situation.
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Economy / Trading Discussion / Re: How to become a trader?
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on: May 17, 2018, 08:44:45 AM
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These are some tips to become a trader: - Purchase Bitcoin using a Bank Card or Bank Transfer - Purchase other cryptocurrencies for trade using Bitcoin - Sell those cryptocurrencies for more bitcoin (or less if you buy high and sell low) - Transfer the Bitcoin back to a USD Exchange and sell to transfer to your bank.
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Economy / Marketplace / Re: How to install a Bitcoin ATM in my city?
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on: May 17, 2018, 08:17:23 AM
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Installing a bitcoin ATM is a great idea but I think it 's not easy to carry out. Because if you want to install them, you have to ask for permission of government; one more things, bitcoin have to be accepted and commonly used in your country.
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Economy / Trading Discussion / Re: minimum amount to start trading?
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on: May 17, 2018, 08:03:32 AM
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it depends. What are your goals with the money? Where do you want it to be in the future? How will trading fit into the rest of your financial planning? There are a variety of online brokers, like Scottrade for example, that let you set up an account with very little money. I would encourage you to speak with a CFP professional to get some perspective and objective advice, perhaps it will help you crystallize how you should set up and fund your trading account.
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