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2181  Bitcoin / Bitcoin Discussion / Re: can bitcoin wallet be hacked by hackers? on: August 08, 2017, 04:27:45 AM
can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
Yes it can ,and it already has occurred many times. It would be better for you if you use a hardware wallet,or a cold storage wallet or a multi Sig wallet. These 3  Rae the best wallet and the chances to hack this wallet are less unless and until you do some stupid mistakes.
2182  Bitcoin / Bitcoin Discussion / Re: So Bitcoin is better than Gold? on: August 08, 2017, 04:05:03 AM
So Bitcoin is better than Gold? Roll Eyes
Gold has been there for years but bitcoin on the other hand has so many advantages when compared to gold and it was created only a few years ago. If advantages is the question bitcoin is better than gold ,but people always don't look at the advantages do they? They look for gold's advantages and bitcoin's disadvantages and compare them. But people go for gold and not for bitcoin, I feel sad for bitcoin because of this.
2183  Economy / Economics / Re: Bitcoin to be international currency on: August 07, 2017, 04:37:12 AM
If bitcoin to be international currency, what do you think?
You can use it every where and anywhere, without exchange it.
And how to use transaction with it, if bitcoin just crypto currency?
How many people like with this thread?
Bitcoin already is used internationally amongst people. Remittances are made on a daily basis where the main currency is bitcoin. But only people who have bitcoin use it internationally so not everyone uses it.  But it would take years for bitcoin or any other crypto currency to be used by businesses and all the people who don't use crypto currency,for that fiat Will be destroyed and it will pave the way for crypto currency in the normal world.
2184  Economy / Economics / Re: Cashless society on: August 07, 2017, 02:54:56 AM
Have you ever wondered how would the world's economy be like in the future as a cashless society?

Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more.

If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology.

Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies.

Nevertheless, I would like to know your opinion about this.  Wink
Interesting thing it is truly. Don't have to carry heavy bags of cash when you have to pay a big amount or deposit money for any purpose. It would take a few years for that to be implemented but still it's worth the wait. Crypto currency will dominate if  gold gets extinct and fiat won't be able to do anything.
2185  Economy / Speculation / Re: Road to $10,000 How Bitcoin Price Broke $3,000 and What’s Ahead on: August 07, 2017, 02:10:44 AM
Bitcoin price continued in its upward movement by conquering the $3,000 mark. This happened just days after the cryptocurrency was forked and Bitcoin Cash emerged.

Bitcoin is the first and always leading cryptocurrency. According to Kumar Gaurav, Founder of Cashaa - Auxesis Group, it had the longest time to successfully establish and mature when compared to any other cryptocurrency.

This success cannot only be seen in the continuous growth over the past years but also in the speed of recovery after so-called “crisis.” The fork has eventually turned out in favor of Bitcoin, with investors dumping Bitcoin Cash, buying more Bitcoin and altcoins, with almost all top 100 cryptocurrencies gaining massively.

Other reasons outlined by Gaurav for his positive outlook towards Bitcoin include the fact that more institutional money is going into Bitcoin, with the price increase in itself attracting more investors.

He tells Cointelegraph:
“There is increasing legal recognition, increasing media attention, a growing usability and acceptance, while the original, political reasons leading to Bitcoin's popularity are strong as ever. Most recently the EU announcing the possibility for it to freeze bank accounts to prevent banks from failing, reminding of what caused the first ever Bitcoin rally, the Cyprus savings raid.”

Bitcoin will be $10,000 in three years
Gaurav continues by noting that when looking at what Bitcoin has already become during its early years, despite having only a tiny fraction of the population alone supporting it for just some of its many advantages, most important of which is the freedom it brings to people in any troubled system, then we can only imagine how big of an impact we are starting to see now with established institutions and mainstream media finally embracing it.

He also notes that over the past years, Bitcoin price can be seen as a parabolic curve, which sooner or later will take it to over $10,000 in the next three years.

Bitcoin is not controlled by anybody
Another strong believer in Bitcoin, Simon Dixon, CEO BnkToTheFuture.com, emphasizes that Bitcoin is the only cryptocurrency in the world that is not controlled by anybody, is secured by the largest network of computer power in the world and has a sound monetary policy.

Dixon explains to Cointelegraph that Bitcoin has faced many challenges the latest of which was scaling. He notes that because nobody controls Bitcoin, it took three years of debate to reach the next phase for scaling solutions given the huge increase in demand over the years.

Now with more scaling, Bitcoin can fill the huge demand that it is receiving as more and more use cases emerge and large pockets of money enter the market.

Dixon also notes that Bitcoin will definitely encounter more challenges in the course of its development as the community works to improve scalability further, solve more privacy problems and other features the community feel is important.

There is an increasing demand for Bitcoin
About the rally in Bitcoin price, Dixon says that we are pushing past $3,000 as it has been proven that Bitcoin truly is controlled by nobody. No matter how hard people try, the money supply is being sucked up by higher and higher demand as Bitcoin becomes more and more useful.
He also says:
“I remain bullish as alternatives to Bitcoin keep adding value to Bitcoin and proving there is only one store of value in the crypto market. At the end of the day, people speculate and invest in alternatives, but there is only Bitcoin that they run to as a store of value to lock in any profits or losses they make from alternatives.”

Dixon concludes by noting that central banks and governments will soon realize that holding Bitcoin on their balance sheet could be a wise move as financial institutions are realizing today. They will also create their alternatives to compete, but they will all be controlled, centralized and follow a similar monetary policy as traditional fiat money, providing more value to Bitcoin.
“This type of financial innovation will only happen once in many people's life time,” he says.

Bitcoin is robust and diversified
For Michael Vogel, CEO of Netcoins, ignoring market hysteria and looking just at the fundamentals of what Bitcoin is clarifies its value proposition.
Vogel describes Bitcoin as a very robust and diversified cryptocurrency. He notes that the fact that Bitcoin has a variety of use cases which include remittances, online payments, store of value, Blockchain applications etc., makes it clear that Bitcoin is not a one-trick pony.
Coupled with the free marketing and publicity that Bitcoin receives in the mainstream media (even if mainstream publicity is negative, it still contributes to Bitcoin awareness), and it is clear that Bitcoin is the gold-standard in cryptocurrency.

$3,700 is in sight
Vogel likens the development of Bitcoin to how the internet fared in its early years. Vogel notes that even the Internet itself has gone through its own scaling challenges beginning from the days of dial-up Internet.

He concludes by predicting even a higher price rally for the cryptocurrency in the near future:
“Now that the Bitcoin civil war is over, I think we'll see a rapid influx of investors that had sold off in July rushing back into the market. Goldman Sachs has predicted that Bitcoin is headed for $3,700, and it seems we're well on the way there.”
A wonderful article and it's really fascinating to see people talk such good things about  bitcoin and not insulting and ruining it's reputation and this article is highlighting all the things that states to bitcoin's advantages. I think people who talk really bad about bitcoin should read this article once and let them also know what bitcoin is capable of.
2186  Economy / Economics / Re: Is it better to save money or invest it? on: August 06, 2017, 09:30:52 AM
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Investing and saving always confuse me to take decision. I am afraid that I will lose everything but at the same time I am willing to take some risk at least but  then I get confused later on and then I choose saving. I guess now I ll be saving for some time and then sell the money that I saved and probably invest in stock exchange or real estate like you said or something that has a high value.
2187  Bitcoin / Bitcoin Discussion / Re: Bitcoin is instant way to get rich ? on: August 06, 2017, 03:11:06 AM
what do you think about this topic?

No mate, it is not sadly and gladly. Sadly because no one can become rich like that. Gladly because if  everyone were rich how worse can the world end up to in the future. Maybe you can earn a decent amount of money in the form of bitcoin, not an instant way to become rich.
2188  Bitcoin / Bitcoin Discussion / Re: How much risk in bitcoin investement ? on: August 05, 2017, 05:22:19 PM
I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
Risk differs from on how much money a person invests, so if you are going to put a lot of money in bitcoin, then it can be higher level of  risk, as I said it differs and one opinion just won't change the conclusion. Don't spend entire money on bitcoin, go for a long term recurring investment that is buy when price is less and sell when price is high on a regular basis .
2189  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ANS is dead, Today ANS is drastically going down to the hell. on: June 23, 2017, 08:09:32 PM
how are ANS coins swapped to NEO? Do coin holders have to take any action?
Grin this guy
2190  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is there anything that is still 'undervalued' on: June 23, 2017, 07:42:23 PM
My top 3 undervalued

1 bitbay- once pegged will be $200m
2 blocknet - true decentralised market wit atomic trade soon launched
3 edgeless - soon launch the gui for casino and get their gaming license soon
2191  Bitcoin / Legal / Re: Bitcoin taxation in the UK? on: June 22, 2017, 06:13:03 PM
It should been seen as gambling! I lost £14k due to investing in Ultracoin! But made a lot investing in another crypro! It's gambling! I shouldn't have to pay tax on huge gambles
2192  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [ARK] Ark Speculation on: June 12, 2017, 06:28:11 PM
why buy ark when blocknet is so much cheaper and will offer more and use atomic swap? - no brainer
2193  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTS (BitShares) on: June 10, 2017, 06:46:56 PM
Blocknet will be just as big, if not bigger!

UI coming end of the month and they do what bitshares offer but with atomic swap!
2194  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what do you think about edg on: June 10, 2017, 06:42:43 PM
Edge is cheap! What you talking about. So much to be released yet. UI to star, then once the gming license goes through another rise will happen. Then there's the gaming, casino, betting etc etc
2195  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Blocknet - Polo, Kraken, Bitfinex killer on: June 09, 2017, 09:43:11 PM
Everyone is Gona need a bit of blocknet in there portfolio!

It's  crucial for the future of crypro
2196  Alternate cryptocurrencies / Altcoin Discussion / Re: Diversifying my crypto. Which coin to research? on: June 01, 2017, 11:07:00 PM
Bitbay - rolling peg coming in the winter and already have the worlds only true centralised market with no escrow! Completely trustless!
2197  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Blocknet about to blow? on: June 01, 2017, 09:31:47 PM
The UI for Blocknet is due soon. Theres not much for sale on the sell side of Bittrex.

Its the 1st atomic trading decentralised market. Price is slowly creeping up. Other 'decentralised' exchanges are valued a lot higher than Block. I think its gona moon really soon.

so blocknet is a decentralized trade platform, if people want to trade any coins in there they would need to download each wallet before can trade. i think this is so much hassle, if they could find way to eliminating this then it could be worth something.

this decentralized trade platform will never go mobile because of this.
all and all i don't think it is worth it to use blocknet

They are implementing SPV (no need to download full wallets of the coins you hold)
2198  Alternate cryptocurrencies / Altcoin Discussion / Re: How can I send Litecoins from a paperwallet? on: June 01, 2017, 05:32:13 PM
Basically u can't
2199  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Blocknet about to blow? on: June 01, 2017, 05:29:48 PM
I own 5000 block :-) lucky me!

The supply is small too
2200  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★★DigiByte|极特币★★[DGB]✔ DigiSync v6.14.2 - DigiSpeed - Segwit -DiguSign on: June 01, 2017, 05:25:20 PM
Can someone explain why this has gone up so much over the last month? I really don't get it. Is it one big pump? What % is owned by the core team? Why are people not selling? Do the core control 90% of coins like with shadow?
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