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There should to be a have the way to block the stolen coins.Unfortunately we don't see or have way to block stolen coins.If the codes of the coin show somewhere in blockchain. There should have a way.A software detect it and blocking it.I think we can use the gas system.Everyone pay for transaction.Gas system in scan what they deliver and reject to deliver.So that become useless.You can't get cash from what you have.What is meaning of stealing?
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Its a good time for short time traders.In these days market show Zig-Zag mode(up and down up and down)You can get a close entry and close with with profit.But if you buy bitcoin for longtime.Newbies wait a little bit.There is a chance to dropped in 5K area.Until that get to know about bitcoin.If you know behavior of bitcoin,It would be easy to make profits
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Yes.Bitcoin is better than gold and USD. Because day by day its prize go up and up.After the world's first bitcoin transaction on 12 January 2009,bitcoin prize was 0.003 in 2010.Today the prize 7500$.Just compare the prize.More than 10000x growth.Have you ever seen like that?And it will go up and up some says it will go up to 100000$
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We need cryptocurrencies because cryptocurrencies is the answer to many problems faced by the today our normal traditional currencies.Such as American Doller,Stering Pound,EUR,Yen and many others.1st its secure.We can use directly.No 3rd man on the list.We can only send traditional money via the middle man.Only tiny little space required.More secure with devices and block-chain network. When using cryptos gives answer to all above and many other problems.
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Yes.Surely I advice them.But not now.I advise them to keep watch until bitcoin come to 7200 area.And wait for then 1Hour candle(bull) appears.If it end green one buy buy bitcoin.If it 1hour candle end as red (bearish) dont buy there is chance to go even further about 5600$ area. 1Hour candle(bull) makes the double bottom confirmation.It means bull trend is started.
Use MT4,watch economic news and control your emotions when trading BTC.
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Bitcoins distributors are increasing. Indeed, the symbolic bar of the 3 000 distributors in the world has just been crossed, and there are about six new installations each day. So the situation is changing very quickly.
I think This installation process will only target the nations which are not against bitcoin because if this happens in other nations who are against the use of bitcoin that will be a huge problem but any way this is great work and good thinking to make bitcoin more available in local communities or otherwise the only users were behind a computer limited to a small community but with this bitcoin will gain wide range of users |
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This is a new way of war strategy backed by powerful banks and governments and these kind of strategies are used when you cannot kill the enemy which is bitcoin and the crypto market through legal ways by actions because the enemy is very powerful and we know how much money circulated in the crypto world even now and how many new businesses are implemented per month and that make so many people rely on cryptocurrencies and the network so any single government cannot destroy the crypto world and that is why they are using the media to neutralize the crypto market before they take down it
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If A community like us going to legalize bitcoin through governments the only way to do that is through social media and other popular systems by increasing the demand of bitcoin and making it a popular payment method in the world so many people will desire and request bitcoin to use with there core processes and that can make a huge effect for governments to accept and legalize bitcoin
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Making bitcoin a popular payment method is the only way to make bitcoin more demanding in the among people and specially in trades and businesses and it can done by requesting payment options to implement from merchant sites like you have mentioned above and the other thing we can do is to make bitcoin more popular through social media in order to convince company owners and business community that there will be clear advantage they can gain by combining bitcoin as a payment method in there businesses
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I doubt that governments will ban Bitcoin and if they are going to that it must done international scale but not by one government but if that happens nothing will be able to do with Bitcoin or its network because as a currency or as an asset it will useless in the current economical system and tokens will remain in the Internet doing nothing
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One year ago Bitcoin's network was consuming as much energy as Ireland. Now it has apparently doubled and now it is consuming 1% of the world's total electricity consumption. https://digiconomist.net/bitcoin-energy-consumptionThis, in a time when the world is trying to reduce carbon footprints to avoid or slow down global warming. Is Bitcoin sustainable as it is? I don't think so - in fact I'm sure it is not. There is a limit to insanity. More data here: https://digiconomist.net/bitcoin-energy-consumptionWhat is likely to happen next? Which are your thoughts? Of course this is a significant era that the world is more concern about green energy and low power consumption concept so as a latest invention in the financial world when Bitcoin consume more power this was discussed by many people mainly by environmental friendly organizations to point the real issue behind it and I think that is why as a solution we see many solar energy mining projects are coming in this year |
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Ambition of many criminals are to hack an exchange or a wallet of some one to steal crypto because it has become the safest and easiest way to score huge amount of money in a short period of time so many innocent individuals are getting caught and building a computer virus to steal information illegally was very famous few years ago but if criminals starts to use crypto's in the same way majority of people will suffer
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Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?
I invested some in Bitcoin and also an amount in other Altcoins because both prices are low and no once can definitely say which prices will get more higher and unlike in the past today the market is unpredictable so I have seen some currencies which seems like to have a good future now has headed closer to zero in price but nothing will happen if we won't take a risk so I have invested some amount of money in the market and keeping hold |
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The answer is just simple, we all are cowards  . Everyone will like to wake up one day and find out that Btc has reached 50,000. All these people are scared to invest hugely in bitcoin but want to become Crypto millionaire and Billionaire. You ask them why they are scared and they are like crypto is volatile and so on. This is the time to set the record straight make people realize what they are into. If you are scared then there is no need for you to join this amazing fraternity . There are some Bitcoin investors who are cowards and most of the time Bitcoin falls due to those panic sellers because new comers who are holding Bitcoin tends to sell there posses tokens even for silly rumor or news that comes through media which effects the entire market directly or indirectly and with the price fall many follow the same thing without thinking twice because today investors are not confidence like before about the Bitcoin future and its future existence |
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When most people first hear about Bitcoin, they usually think there is some way in which the peer-to-peer digital cash system could be hacked. This is nothing new in some ways, as many internet users have seen their Facebook, Twitter, or other social media accounts come under the control of a nefarious actor over the years.
Having said that, Bitcoin is built for security. Due to the large amount of monetary value that relies on the world’s most popular cryptocurrency, the developers who maintain the de facto reference client for the Bitcoin protocol are careful about any new changes that may be made.
I think Bitcoin depends On Open source.
The Power of Open Source
One of the main reasons Bitcoin is viewed as secure is due to the fact that the codebase behind the network is completely open source. Anyone who wants to join the Bitcoin network is able to do so in a completely open and incorruptible manner. New users are able to confirm, if they wish to do so, that the financial network works in the manner intended because they are able to verify the source code that they’re running on their home computers.
Of course, many users don’t actually verify the code related to their interactions on the Bitcoin blockchain. Most users simply purchase some bitcoin on an exchange like Coinbase rather than worry about operating their own full node.
But the point is that the option to run a full node to control one’s own digital financial sovereignty is always there through the use of open source software
I thought Bitcoin hacking is impossible and I do think the same way but many say there wallet got hacked but those things has only happen to few people and the majority of people who use the Bitcoin network doing fine which means some are not following right practice during handling and using of Bitcoin wallets and the network and that gives hackers an opportunity to hack there wallets and get the tokens |
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BITCOIN has suffered its worst day since February as the price tumbled, prompting fresh fears about the long-term viability of cryptocurrencies. So why is BTC falling?  In December, the crypto reached a record high of $19,511 (£14,588), the culmination of the hype over the alternatives to traditional currencies. Today, the price of BTC dropped as low as $6,498 (£4,858). This brings the downward slide for the year to more than 50 percent already. Why is BTC falling? Experts are citing various reasons for the massive drop in BTC’s value this year. There are the issues of regulatory concerns, dwindling transactions, sky-high power consumption, and criticism from the world's established financial industry. However, bitcoin and other cryptocurrencies have seen a sharp drop since South Korean cryptocurrency exchange Coinrail was hacked over the weekend. Coinrail, which is thought to have lost around £28m in the cyber attack, tweeted to confirm the hack on Sunday. Shortly after, bitcoin saw its value tumbling by 10%. This latest attack highlights the lack of cybersecurity and weak global regulations of crypto markets. Coinrail said in a statement that its system was hit by “cyber intrusion” on Sunday, causing a loss for about 30 percent of the coins traded on the exchange. The statement added: “Seventy percent of total coin and token reserves have been confirmed to be safely stored and moved to a cold wallet [not connected to the internet]."  “Two-thirds of stolen cryptocurrencies were withdrawn or frozen in partnership with related exchanges and coin companies," the statement continues. “For the rest, we are looking into it with an investigative agency, related exchanges and coin developers.” Korean police have begun an investigation into the incident. Bitcoin has been further hurt by damning reviews from industry leaders. Bill Gates, Berkshire Hathaway's Warren Buffett and JP Morgan chief executive Jamie Dimon, expressed their scepticism of Bitcoin and cryptocurrencies again last week. Warren Buffet has called BTC “probably rat poison squared.” A few big names, such as Twitter's Jack Dorsey and Apple co-founder Steve Wozniak, have thrown their weight behind crypto, but supporters from the finance world are a rarity right now. In May, the crypto sector found itself under increasing government scrutiny when the US Justice Department opened a criminal probe into illegal trading practices that can manipulate the price of Bitcoin and other digital currencies. Courtesy: www.express.co.ukMost of the time Bitcoin falls due to panic sellers because new comers who are holding Bitcoin tends to sell there posses tokens even for silly rumor or news that comes through media which effects the entire market directly or indirectly and with the price fall many follow the same thing without thinking twice because today investors are not confidence like before about the Bitcoin future and its future existence |
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The market is finally showing some weakness after a wild post-election stock market run-up, and it's taking Bitcoin with it. At least so far.
Three years ago, Bitcoin was under $400, a price I thought was too high even then. As far as I'm concerned, Bitcoin has no intrinsic value and should be worth nothing. So why does anyone think it's worth thousands (and in some cases, millions) of dollars?
It's the theory of false scarcity. There are a limited number of bitcoins in the world and the usage of blockchain technology has assigned the ownership of each coin to specific wallets owned by individuals. So to take "ownership," I have to use the universal blockchain mechanism, accepted by all as valid, to transfer a coin.
This is the only period you have to convince your self and be proactive rather than active to gain much advantage while Bitcoin price is still low and Most experts guarantee that Bitcoins price will be much valuable in the future than today and it could give a great competition to most major fiat currencies and I do believe that because more tokens are bought by well experienced and potential investors and what other people do is sell there currencies for the current price due to lack of confidence so only few individuals will gain profits again during the Bitcoin journey |
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Most experts guarantee that Bitcoins price will be much valuable in the future than today and it could give a great competition to most major fiat currencies and I do believe that but my only concern is like many assets in the world due to Bitcoins higher price most of the owners could be rich people than middle cast or poor citizens because even now more tokens are bought by billionaires and millionaires and what many normal people do is sell there currencies for the current price to cover day to day expenditure so even Bitcoin will have a great future most of its owners will be from the higher class
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We know Bitcoin is one of the powerful and top coin in marketplace.
But world wide all county are announced its illegal.
I personally think that bitcoin is very help us for paying any payment.
Its has many facility.
But our government are announced its illegal
According to my understanding these are chain of activities and actions taken by people who have only seen a part of a great invention in the recent history and now most people follow the same path and announce bad information regarding Bitcoin and also make regulation like blind individuals following blind leaders which can bring no good to the world |
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Looking at the decentralized nature of crypto-currencies,Wonder if govt bans Bitcoins in future??Is it possible let's say by blocking all sites which relate to Bitcoin wallets/payments etc over the internet.In that case what would happen to our existing coins held in those wallets??
There is no use of currencies if BItcoin get ban in the world via every source possible though governments because if that happens businesses will abandon Bitcoin and its market by turning into fiat once again and most holders will leave the market which can make Bitcoin to hit zero value so nothing to consider about currencies that are stuck in wallets |
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