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Other / Beginners & Help / Re: Where do bitcoin states get stored?
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on: July 27, 2021, 07:08:59 PM
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You mean where Bitcoin will store?
Bitcoins are stored in a “digital wallet,” which exists either in the cloud or on a user's computer. The wallet is a kind of virtual bank account that allows users to send or receive bitcoins, pay for goods or save their money.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Dollar Cost averaging help
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on: July 27, 2021, 07:02:57 PM
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Dollar cost averaging is an investing strategy that can help you lower the amount you pay for investments and minimize risk. Instead of purchasing investments at a single price point, with dollar cost averaging you buy in smaller amounts at regular intervals, regardless of price
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Bitcoin / Bitcoin Discussion / Re: Reasons to Invest in Bitcoin??
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on: July 27, 2021, 05:17:11 PM
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Bitcoin’s value has been going up for the past couple of months. After the cryptocurrency finally managed to stabilize at the beginning of 2020, experts predicted that it will rise and possibly break the 2017 record. Not only did Bitcoin reached that milestone at the end of the year, but it breezed past it. As of the end of February 2021, the price for 1 Bitcoin exceeds $50,000, which makes this cryptocurrency as valuable as gold.We all know that the main reason why people are so willing to invest in Bitcoin is the fact that it can turn them into overnight millionaires. You can earn Bitcoin by mining it and buying it at a lower price than the one you hope to sell.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Is USDT Tether safe?
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on: July 27, 2021, 02:52:08 PM
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In terms of technology USDT is completely secure — it’s a centralized token developed on the decentralized Ethereum blockchain that’s meant to be backed by 1 US dollar stored on Tether Ltd’s balance sheet in the form of cash in bank accounts and government bonds.
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Bitcoin / Bitcoin Discussion / Re: Amazon is looking to accept Bitcoin payments by the end of the year
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on: July 27, 2021, 01:54:34 AM
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Amazon on Monday denied a report that the e-commerce giant planned to begin accepting Bitcoin payments by the end of this year, Amazon's payments team is looking to hire a digital currency and blockchain expert, according to a recent job posting.The posting signals that Amazon may be taking a more serious look at cryptocurrencies, such as bitcoin.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Which is better: Ethereum or the Binance Smart Chain?
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on: July 26, 2021, 05:36:16 PM
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For the past year, the Ethereum ecosystem had a very high growth rate and surely will continue its dominance in the near future. However, the demand has led to crazy gas prices. These gas prices have boxed out many people from partaking in the Ethereum network lately.
The BSC network, which is compatible with the Ethereum Virtual Machine, (EVM) can be easily ported over ETH apps and users. This is proven by seeing more and more migrated apps and users, who don’t want to pay these enormous gas fees.
So it Looks BSC is better then ETH
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Economy / Speculation / Re: Is Bitcoin bull market back
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on: July 26, 2021, 02:37:38 PM
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Bitcoin was last up 8% at $38,064, putting it within sight of resistance around June's $41,341.57 peak just a week after it was testing support at $29,500.
Bitcoin and digital asset values have risen dramatically during the last 12 hours as bitcoin (BTC) jumped more than 15% yesterday evening (EDT). BTC has managed to hold above the $38K zone on Monday after falling from $39,850 per unit at 9:00 p.m. on Sunday. Bitcoin is still up 12% during the last 24 hours and 24% for the week. Out of the crypto economy’s $1.5 trillion, bitcoin commands 47.1%
So it loke like bitcoin bull market is back
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