Greetings, Do you guys know what is the best wallet for bitcoin? I've never had a crypto-wallet yet. I have a bank account, though. In banks, cash remittance is unlimited and pretty fast, but service fee is pretty high. Is there a wallet with fast cash remittance and minimum service fee for remittance?
The best wallet of course trezor. It is a hard wallet, the most secure wallet. As long as you have a wallet seed phrase or key stored in somewhere safe place, you are good.
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It would be good if some big companies join to cryptocurrency. if many mining equipments created by samsung, i believe the price of antminer or other mining equipments will decreased a bit because they have a competitor. it will opening the chance for newcomer in mining industry.
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I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
What was the goal of bitcoin on the first place ? i believe to replace our existing payment system, reducing fee, reducing time, improve money transaction speed, etc. but now, bitcoin is used for trading and investing. peoples buy low, and sell high, resulting bitcoin price to increased over time. bitcoin goal has been averted i guess.
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I am looking for the best bitcoin wallet.
What do you recommend guys?
of course it has to be ledger nano or trezor. the best wallet is hardwallet. but you must keep your wallet safe. because losing your wallet may resulting no access to using your address. unless you have a backup of wallet seed on safe place.
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Is there any bitcoin web wallet like myetherwallet? i mean i can upload my wallet.dat or import private key to a web wallet and use it online(sending, receiving, managing...), or i can backup online wallet to my local application wallet(not sending bitcoin from an address to others), i cant find any one in internet, anyone here want it like me? why blockchain developers not make one ?
Try blockchain.info and get a free wallet there. i believe it is a web wallet and like myetherwallet. I still dont know about other web wallet for bitcoin. but it is safer using hard wallet than web wallet.
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If facebook going to make their own cryptocurrency, maybe other social media platform will create their own crypto too later. i wonder if they going to hold an ICO for collecting money from peoples, although they has banned crypto ads.
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Some peoples may have lose faith in ICO because many ICO has failed, some of them turn into a scam. But if you are lucky to participated on great potential ICO, i believe that you will reap your profit later if you hold your tokens for long. I still believe in ICO, but on a real ICO only.
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I really taught this year was for Ethereum but what happen? I'm so disappointed holding it. Why did Ethereum go with btc flow? Everytime btc falls it falls also. I’m rooting for it since its is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract. If the erc20 token using it has high price then why is ethereum price not directly proportional? In your own opinion? i think it is normal for cryptocurrency price to decrease when market is bad. It was a correction. Ethereum price was gone high at the end of the year. Then after that, it is need to be corrected back. Not only ethereum, other altcoins was falling as well.
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if my coin increased 200%, it means my coin has doubled. i will half of my coin if that happened. for the rest of 50%, i will hold it until it doubled again in the future, then i sell half again. That is my strategy.
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friends, I want to buy coins, but I am a bit hesitant to see the market today, whether its prices will rise or down, please tell friends, is it okay to buy coins now
Market was down recently, but now is starting to increase back. bitcoin price now about 8k, better you buy bitcoin before it come back to $9k price. Cryptocurrency market is volatile, you must use the volatility of it to earn your profit.
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Because no people or organization can control the bitcoin price. Peoples can sell with any price, thats why bitcoin is volatile. Bitcoin can be controlled by a large bitcoin holder. They can dump bitcoin on the market and causing falling price.
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bitcoin is valuable because it is decentralized. Before 2009, there is no decentralized currency ever created. Many peoples gathered from 2009 until now and collect bitcoin by buying it. They buy low, and sell high. Buy low and sell high, the process repeated many times, resulting a higher price of bitcoin every year.
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Greetings! I am planning to invest $5,000 in cryptocurrency but I do not know how to invest. And where should I invest? - in Bitcoin, in alternate cryptocurrency, or in ICO? I’m asking for an investment strategy for professional traders or investors out there.
i am not an advisor on investor but i can recommend you to invest on Ethereum. between bitcoin, ethereum and ico, investing on ethereum is the most safe option i think. ethereum is more used by peoples to participate on ICO, so the ethereum demands on the future will high.
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Silly question right? Unless there is a backup method or heritage system it obviously vanishes for eternity, but the point was to discover methods that you are aware for avoiding such risks. Well, it's not a risk, it's a certainty, but there are other risks of losing access to the crypto account aswell. Some like: * death... obviously * house burns down along with hard wallet * one can accidently loose his cold storage or hard wallet * maybe other you figure out and I add them So, what storage do you use to ensure your savings, or what do you think would be the best solution to overcome these risks? UPDATE: I started this discusion because I can't see a decentralized solution for that, most of the centralized ones are largely known (wills at layers, online wallets and so on) but do not meet the security criteria as still imply a trusted party. Better simply handover the private key directly to the inheritant IMO. What I want to determine is if it IS realy a concern for the comunity or not, and if yes than we can contribute all together to the creation of a such product. But again I realy do think it should be built decentralized and trustless. If you are using your hardwallet, be sure to write the seed of your wallet out of it to backup. store it on a different safe place than your hardwallet. so if your wallet destroy, the backup seed not destroy and you can recover your wallet.
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The entire electricity cost of mining bitcoin are not much if you compared with global usage of electricity. so it won't destroy the environment of earth. what can destroy the world is if bitcoin used for something bad.
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When will we reach the state of more of less stable cryptocurrencies or it is in their nature and will never end?
crypto is volatile because it has many fud news that spreading around it. If many uncertainty involved too often, it will causing cryptocurrency volatility to increased more. it is not that crypto will be volatile forever, maybe its value will stabilize on the future.
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I am new to cryptocurreny ,I am thinking of investing like 200$ into bitcoin but seeing the downfall in it should I go for the investment for a good future roi
you should be more eager to invest on bitcoin if it falling, because you can buy at the low price. bitcoin will never going down below 20% of the price, it will be bounce back later.
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How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.
in ethereum you can visit the site ethgasstation.info to know how much is the standard price of ethereum fee. but for bitcoin, i don't know where to find out. but i think bitcoin fee is higher than ethereum fee if you compared them.
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I've been keeping up with Bitcoin and investing for the past year, and Im wondering if anyone thinks it will drop back down to 6 - 6.5k in the upcoming months? I've read a lot of projections and there is a mixed consensus but several "vets" agree it's due for a big drop. What does everyone think?
i think it has slim chance for bitcoin to back at 6k because it was the lowest point. for now, the market seems still bullish and will get more green later.
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Yeah, after red day on the march, it is time for bitcoin to rise back to the surface. not only bitcoin, but other cryptocurrency as well. what i dont understand is what was affecting the price.
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