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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin and crypto purpose on: Today at 03:53:21 PM
As we know the btc are digital gold.
The btc is going to Fix tht problem the gold failed.
"Bretton Woods "
The crypto have Some bigger purpose as the imf stopped messimg with dollars they use different currency wich is backed by the emerging markets countries.
Now the conlusion the is alot going on and one of the blockchain s  will be used by the World banks.
Now we see Why they invented crypto.
Sure we can say that ohh.. They not into crypto they want their own Sorry but thts not the Case.
Right Now its time to pick up Good blockchain and invest in the Right one what the imf and central banks are going to use it.
Before the Bretton woods gold standard dont forget tht imf friends and mbers inside right connections bought gold with bargain price before.
Its always like that.
Now its your time to use your lazy brain and invest Right blockchain what will be used by the world Elite bankers.
Dont complain after... Ohhh if I only would knew or life is not fair...  Do your Research think with your brain or complain after.


Bitcoin is the most popular cryptocurrency, that is the invented from a blockchain technology. that's main purpose is funds transfer digitally. cryptocurrency is not a physical but it's like a rupee. you can buy a product or services also.
2  Bitcoin / Bitcoin Discussion / Re: Does BITCOIN make a person's life better !? on: April 05, 2021, 05:44:28 AM
If you look thoroughly, then BITCOIN is just money, but like money, can it improve the world around, and humanity as a whole !?
I don’t think “good” and “BITCOIN” are the same thing, most likely the opposite.
Because of money, a person becomes weaker, he does not need to do something, to develop, because money will do it for him.

It depends on himself

If people have completely correct knowledge of bitcoin then people make a better life.

Otherwise, People are the use bitcoin illegally then he destroyed his life.
3  Bitcoin / Bitcoin Discussion / Re: Segwit vs Legacy, fees? on: March 31, 2021, 04:13:05 AM
I am holding legacy.
Confused, should I go segwit for seemingly lower fees?
Pros and cons of each?
Can you go back and forth?




The initial BTC address is regarded as a legacy address, while SegWit is a newer address format with lower fees.
Segregated Witness (SegWit) stands for "separated witness," with "segregated" meaning "to differentiate" and "witness" referring to the transaction signatures involved in a particular transaction.
4  Bitcoin / Bitcoin Discussion / Re: What are the official uses of bitcoin other then trading? on: March 30, 2021, 04:21:20 PM
I'm sure the number one thing bit coin is used for is trading but that wasn't its original use and seeing how it still has value and exists a decade later it has utility. Officially what else is it used for? How could you find this out there isnt a wall street journal for bitcoin. But there must be a prospectus for it out there or as close to one as possible. Is there a way to read the original white paper?

I thought BTC was going to replace western union by now and be used by official brick and motor businesses. I guess thats the point of stable coins, Why doesnt BTC have a stable coin backed up by BTC; kind of like how they back up mortgages. I wish I could remember my series seven better I could think up more use cases for BTC.

Will it only be used for investing/speculation as long as its price is this unstable? Can you imagine a normal acting like bitcoin does? I guess pink papers/penny  stocks do that but those are just legal pump and dumps that clog up your work fax with junk faxes that come through at 4:00AM making sure you will se it.

Today bitcoin demand and supply chain higher than other cryptocurrencies, and the main uses of bitcoin is people are more invested in bitcoin than other cryptocurrencies because bitcoin prices daily high, and now many big companies are invested in bitcoin like Tesla, Amazon...
5  Bitcoin / Bitcoin Discussion / Re: who controls the bitcoin price? on: March 11, 2021, 04:44:14 AM
well, i been thinking for a while about who actually controls the bitcoin price.
among the following below, which one do you think has the major influence regarding the bitcoin price?

i. bitcoin whales
ii. the banks
iii. wall street
iv. hedge funds
v. crypto exchanges
vi. crypto influencers


Bitcoin works similarly to a product. The market in which bitcoin is traded decides its price. To put it another way, the price of bitcoin is dictated by how much someone is willing to pay for it. The market decides the price of bitcoin, just as it does for gold, oil, sugar, grains, and other commodities. The rules of supply and demand apply to Bitcoin, just as they do to every other market.






6  Bitcoin / Bitcoin Discussion / Re: First crypto Bank in the world on: February 26, 2021, 05:27:10 AM
Most of us are aware that the cryptocurrency market is really progressing in India despite the regulatory uncertainty. And right now the Indians has planned to or has already launched the first cryptocurrency Bank in India at the city of Jaipur
 Unicas (The name of the Bank) is a joint venture between the financial services companies Cahsaa and United Multistate Credit Cooperative Society. In an official announcement Cashaa mentioned that Unicas is the very first Crypto bank in the world to open a physical branch and will be able to execute Crypto transactions and local currency through the same account. In addition to that will also provide the same services as local Bank such as buying and selling of Crypto assets and insurance of loans; isn't that great 😁. And also mentioned to expand it services across 14 branches by January 2020 and planning to accelerate the expansion of Unicas to open 100 branch by the end of 2022😁

What a great news to the crypto world most especially to the Indians

Source: https://www.financemagnates.com/cryptocurrency/news/worlds-first-physical-cryptocurrency-bank-opens-in-india/

India. The 'Unicas' will help people to perform transactions in cryptocurrency and fiat from one account to the other. The bank will offer services for crypto as well as fiat assets.
7  Bitcoin / Bitcoin Discussion / Re: Some important tips about the bitcoin market on: February 24, 2021, 05:21:51 AM
My advice to friends (based on experience)

1.Buy as much as you can
2.Buy on the floor, but do not wait for correction or fall.
3.Do not do anything for the price of tetra and dollars…
4.If it comes down to a short time that you bought at a reasonable price….
5.If it comes down in the long run and stays that you did not lose in the long run, everything will be cheaper than the dollar.
6.Do not act emotionally… Wherever you say to buy or sell… you are more likely to lose


If you have any suggestions, let us all know so we can use this experience.
Thanks Wink

1. Start from a small level
2. Get enough savings before
3. Learn how to make technical analysis
4. Stay updated with currency news and events
5. Don’t listen to others
8  Bitcoin / Bitcoin Discussion / Re: Longest transaction confirmation time? on: February 23, 2021, 06:59:29 AM
I moved some BTC over 3.5 hours ago and it still doesn't have 1 confirmation.

What is the longest I should wait?

On an average 10 min, If several hours have passed without your Bitcoin transaction being confirmed, just wait. If more than 72 hours have gone by without confirmation, resend your transaction.
9  Economy / Speculation / Re: Bitcoin Hits Record $48.2K on: February 17, 2021, 05:03:06 AM
Bitcoin and ether surpassed Monday’s price records. In ether’s case, CME’s futures launch has given the asset more credibility than ever before.

Bitcoin (BTC) trading around $47,174 as of 21:15 UTC (4:15 p.m. ET). Gaining 7.1% over the previous 24 hours.

References: https://www.coindesk.com/market-wrap-bitcoin-record-cme-ether-futures



Bitcoin Hit $49k Wednesday's price records. May its passed today $50k.
10  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: February 15, 2021, 04:48:49 AM
Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?


Bitcoin is
pseudo-anonymous indeed.But are you really interestedin our anonymity while using Bitcoin?Many Bitcoin enthusiasts concentrate their money and efforts so that after saving, they gain more cash.It is not their concern to remain anonymous.Without doubt, bitcoin is becoming the digital gold.
11  Bitcoin / Bitcoin Discussion / Re: List Of World’s Richest Bitcoin Owners on: February 14, 2021, 03:35:17 AM



So these are some of the top richest Bitcoin owners, which most of us may not be aware of too much. But today in this blog, we let you know all about these early investors, who have become so wealthy after they became initial investors of Bitcoin. Bitcoin is an undisputed cryptocurrency facing much competition with other alternative cryptocurrencies. But most of the time, it always excels above all. The credit of its success, what it is today goes to all these people who made it famous in its initial days. And especial credit goes to none other than its mysterious founder Satoshi Nakamoto.

Cryptoknowmics

Barry Silbert
Blythe Masters
Dan Morehead
Tyler and Cameron Winklevoss
Michael Novogratz

12  Bitcoin / Bitcoin Discussion / Re: Some important tips about the bitcoin market on: February 12, 2021, 05:10:31 AM
My advice to friends (based on experience)

1.Buy as much as you can
2.Buy on the floor, but do not wait for correction or fall.
3.Do not do anything for the price of tetra and dollars…
4.If it comes down to a short time that you bought at a reasonable price….
5.If it comes down in the long run and stays that you did not lose in the long run, everything will be cheaper than the dollar.
6.Do not act emotionally… Wherever you say to buy or sell… you are more likely to lose


If you have any suggestions, let us all know so we can use this experience.
Thanks Wink

As my point of view that
 
Small Start Out. ...
Pick your Stable Wallet. ...
The Market's analysis. ...
A Trading Strategy Decides. ...
With benefit goals and Stop-Loss orders, be strict. ...
Use Extreme Caution Leverage. ...
Diversify With Different Cryptocurrencies. ...
Bitcoin Buy and Keep.
13  Bitcoin / Bitcoin Discussion / Re: Disadvantages of Bitcoin on: February 08, 2021, 06:31:32 AM
This is a saying we all know " Everything that has an advantage also has a disadvantage "😔
I brought up this topic so we all can discuss on the disadvantage part of Bitcoin
Although this topic was already here about 4 years ago but it was about advantages and disadvantages of investing in Bitcoin
https://bitcointalk.org/index.php?topic=2631488.msg26777350#msg26777350
And nobody seems to really talk about the disadvantages

Do we know that the anonymity of bitcoin is a problem?
Let's all think about this

Some of us here do day to day transactions and we know that our identities are not known, and since our identities are not know some use that as an opportunity to purchase illegal stuffs and and do illegal things because we are safe with the knowledge "The don't know our identity"

We can look into this article for more explanations
https://www.google.com/url?q=https://londontfe.com/blog/6-disadvantages-of-Bitcoin-and-block-chain-technology&sa=U&ved=2ahUKEwjm3oD-24TuAhUDC-wKHdWfAFcQtwIwC3oECAkQAQ&usg=AOvVaw2luGW-JDogPmP1F0aSeznl


Bitcoin exposure-Specific Scams and Theft. ...
Conduct on the Black Market can harm credibility and usefulness. ...
Susceptible to fluctuations from high prices. ...
No Refunds or Chargebacks. ...
Potential for Superior Cryptocurrency to Replace. ...
Environmental Bitcoin Mining Ills.
14  Bitcoin / Bitcoin Discussion / Re: Is INDIA going to BAN Bitcoin Again? on: February 01, 2021, 05:55:49 AM
The Regulation of Official Digital Currency Bill, 2021, which is scheduled to be tabled at the upcoming Union Budget session, aims “to create a facilitative framework for the creation of the official digital currency” and “prohibit all private cryptocurrencies in India”.

Here is the source:
https://www.hindustantimes.com/india-news/govt-to-introduce-bill-for-banning-cryptocurrencies-here-s-what-you-need-to-know-101612007129123.html

Comment your opinions here.

India's government is said to be renewing its attempts to ban public cryptocurrencies fully.

A Study

In April 2019, citing unnamed "government officials aware of details," said that the concept of a full ban on the issuance and trading of cryptocurrencies was supported by a number of government departments in the nation.

The Department of Economic Affairs (DEA), the Direct Taxes Central Board, the Indirect Taxes and Customs Central Board and the Authority of the Investor Education and Security Fund are all in support of the ban, officials said.

"Certain government departments have also reportedly shared a draft bill, dubbed "Banning of Cryptocurrencies and Control of Official Digital Currencies Bill 2019.Although the reference to "official digital currencies" is not explicit, the central bank of the country has previously been researching the launch of digital currency.

Sources suggest that a final bill, based on input from the departments consulted, is supposed to be proposed to the next government in May following the national elections.A long time has come for India to decide on the legality of cryptocurrencies. The government formed an interdisciplinary committee to examine the problem as far back as April 2017, which was said to be considering enforcing a ban on "private cryptocurrencies" last October. The commission, however, was then not in favor of an absolute ban,But rather considered the potential legalization of cryptocurrencies with attached tough laws.

The country's crypto industry is in limbo before a final decision is taken. Banks in India have been barred from serving crypto-currency firms and exchanges since last year by the central bank, the Reserve Bank of India.



15  Bitcoin / Bitcoin Discussion / Re: Had you sold your Bitcoins ? on: January 01, 2021, 08:32:55 AM
I already sold out all my Bitcoins, and other crypto.

I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.

What about you?

Hi

I have buy Bitcoin first time in 2018 ( $ 3500) When Price is down.

Now I am Happy because i have sell my some bitcoin in 2020 December super Price.

in my point of view Crypto Currency is not a risk it's Long Time Investment and defiantly good Reverts.

Happy New Year
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin - A new era [My first cinematic trailer] on: December 25, 2020, 04:20:03 AM
Many applications are being created today using the immutability and robustness of the blockchain. Blockchain is a modern information technology class that blends encryption with an existing distributed ledger. The model consists of a group of computers that work together without storing the data at any central unit to establish a protected database. It is the technology behind all crypto currencies such as Bitcoin, Litecoin, Etherum, and is now making its way to document all that is possible. This paper focuses on the basic blockchain model architecture, its history of growth, prerequisites and blockchain challenges. Eventually, numerous existing real time implementations of the program are presented.
17  Economy / Speculation / Bitcoin All time High $23k : What is secret of this High . on: December 18, 2020, 09:55:48 AM
I am Not Understanding This high

17th December In Morning $22k When I Check in Noon Time $23K It Super High. 
18  Bitcoin / Bitcoin Discussion / Re: Why do people avoid bitcoin? on: December 15, 2020, 09:53:47 AM
Bitcoin maintains that It is the first decentralised peer-to-peer payment network powered by its users without any central authority or intermediaries." 1 The absence of central authority is the primary explanation why policymakers distrust cryptocurrency.
19  Bitcoin / Bitcoin Discussion / Re: Who has held bitcoin for more than 5 years? on: December 08, 2020, 10:57:35 AM
Hey Guys,
Just curious to see who has held bitcoin on this forum for more than 5 years?
And also, if you've sold it, when did you got in and when did you sold out?

Cheers!


May Many People Not held  for 5 Years Because Is Trading.

When So Profile More You Sell Your Coin
20  Bitcoin / Bitcoin Discussion / Re: Bitcoin, the complete version of money on: October 28, 2020, 09:45:33 AM
Bitcoin turned 11 years old today depending upon how you count its birth. On January 3rd 2009, a few months after publication of the original whitepaper, the first lines of code were committed to the bitcoin blockchain. the individual or individuals referred to as santoshi nakamoto are credited with these lines of code, known as the "genesis block"

Nakamoto sent 10 bitcoins to hal finney on January 12th, and a new counterculture of finance was born. At this point, the value of bitcoin was insignificant. essentially, users ave each other bitcoins as prizes for positive forum comments. On may 22nd, 2010, the first 'actual' transaction took place. laszlo hanyecz purchased two pizzas for 10,000 bitcoins, or around $30. ( 10,000 bitcoin will be worth $38 Million at current prices. I hope it was Delicious for pizza.)
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