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1  Bitcoin / Bitcoin Discussion / Re: Why many banks hate cryptocurrency ? on: May 24, 2018, 02:08:55 PM
In general, crypto currencies show that their size and value exceed even some of the largest financial institutions in the world. This caused banks to retreat and try to slow down their growth. However, even banks clearly do not know what they really want. After JPMorgan CEO Jamie Dimon famously announced Bitcoin "fraud", it is now interesting to see a report published by an investment bank that calls Bitcoin-ETF "holy grail for owners and investors."
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Token bounty must hold or sell? on: May 23, 2018, 07:29:10 PM
When you receive coins, it is not always worthwhile to sell them, maybe later they will cost several times more expensive.
3  Bitcoin / Bitcoin Discussion / Re: Bitcoin finally legal in India on: May 22, 2018, 08:09:16 PM
the first reaction to such a statement was the assumption that bitcoin in this country with a population of more than a billion people actually fell under the ban. It should be noted that the statement made does not say anything about the legality of the crypto currency as such. Consequently, the legal status of bitcoin and other crypto-currencies in India remains the same. The decision of the RBI should be viewed more in line with its previous statements about the risks associated with crypto-currencies
4  Bitcoin / Bitcoin Discussion / Re: What is the reason why we really need Bitcoin? on: May 22, 2018, 08:06:27 PM
You will be able to pay almost any goods on the Internet without any commission or go to one of the resources that offers the exchange of crypto-currencies to the usual money for most people, such as the euro, dollars or rubles.
5  Bitcoin / Bitcoin Discussion / Re: How can I protect my self from being hack of bitcoin on: May 22, 2018, 08:04:46 PM
When making transactions with crypto currency, use only a computer with an updated antivirus and a firewall. Every time, check to see if the security system of your computer is updated. In order to hack a computer, only one vulnerability is enough.
6  Bitcoin / Bitcoin Discussion / Re: Can Blockchain Survive Without Bitcoin on: May 21, 2018, 09:17:58 PM
if it were not for the crypto currency, perhaps we would never have seen such a massive interest in the blockchain, since it was the opportunity to earn such a high demand. The emergence of new opportunities for attracting funding has given impetus to innovations even before the arrival of traditional investors. Crypto-currencies became the first product of the block. Nevertheless, over the past few years, interests have shifted away from themselves by crypto-currencies to tokens representing other projects.
7  Bitcoin / Bitcoin Discussion / Re: Can you wait to prove them wrong about Bitcoin? on: May 21, 2018, 09:15:26 PM
People invest in the crypto currency in the hope of getting rich, and not contribute to the revolution. only the most ardent bitocotti fanatics will wait only to make sense of those who are negative towards bitcoin. I think so: how many people, so many opinions.
8  Bitcoin / Bitcoin Discussion / Re: Why many banks hate cryptocurrency ? on: May 21, 2018, 09:12:28 PM
Back in 2014, for the first time, they said that blockchain technology could destroy the banking system. This technology eliminates the need for an intermediary between the payer and the recipient of funds, that is, banks. And if banks do not take measures and do not integrate into the modern economy, they may not be necessary
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin is...... on: May 19, 2018, 09:54:37 PM
Bitcoin is a crypto currency, because when making transfers, a cryptographic method of encryption of information is used. The main idea of Bitcoin is a free, fast, reliable exchange of money between people without intermediaries and without commissions. Such a replacement of the banking system, which parasitizes people, taking huge commissions for money transfers.
10  Bitcoin / Bitcoin Discussion / Re: Facebook Is Banning Ads for Bitcoin and ICOs on: May 16, 2018, 09:33:37 PM
Facebook gives examples of banned advertising. So, now in soсial network the following types of advertisements are forbidden:
"Click here to learn about a secure crypto currency that will allow you to make payments around the world"
"The new ICO! Buy tokens with 15% discount »
"Use pension savings to invest in bitcoin"
"Start trading options now and get bonuses"
11  Bitcoin / Bitcoin Discussion / Re: if bitcoin becomes the country's currency on: May 16, 2018, 09:30:24 PM
If bitcoin becomes the world reserve currency, then on its basis central banks will be able to issue their fiat (not having their own value) money. Thus, the gold standard, which existed in the world financial system until the early 1970s, will return in essence. The issue of fiat money will be one of the last possibilities of central banks to influence monetary policy...
12  Other / Off-topic / Re: Bitcoin & College students . on: May 16, 2018, 09:25:15 PM
Professors say that interest in such activities is driven mainly by representatives of junior courses. They note that senior teachers and students prefer to focus on traditional financial disciplines. Professor Gib Bassett talks about this phenomenon: "They want to hear about what bitkoin is. Their parents told them that this is a tulip bubble. It's crazy, it's ridiculous, and yet their friends who invested three years ago are now millionaires. ... This clearly has a certain component of the problem of "fathers and children."
13  Bitcoin / Bitcoin Discussion / Re: 5 countries that banned bitcoin on: May 15, 2018, 10:36:50 AM
Because of fear, ignorance or protectionism, many governments tend to pass laws without understanding and to prohibit things that they consider to be a threat. And although they can not prohibit a blockage, they have every chance to prevent citizens from accessing this technology. as far as I know, these countries are Bangladesh, Bolivia, Ecuador, Kyrgyzstan and Nepal.
14  Bitcoin / Bitcoin Discussion / Re: Should bitcoin have risen a little slowly? on: May 15, 2018, 10:19:57 AM
any significant event in the world affects the course: it jumps dramatically. I think that it will be so. society itself provokes bitcoin to grow, and on what percentage it will grow - big or small - the world decides.
15  Bitcoin / Bitcoin Discussion / Re: Bitcoin VS. GOLD on: May 15, 2018, 10:12:35 AM
Compared to gold, bitcoin is a newcomer to the market and trust level is still much inferior to gold, but in many other parameters the crypto currency can compete with the precious metal. For centuries people have been collecting gold, both in the form of ingots and in the form of jewelry, knowing that even if the money is depreciating, gold will always be liquid. Investors went into gold when the crisis began in the country.
16  Bitcoin / Bitcoin Discussion / Re: How long Bitcoin can survive in cryptocurency industry ? on: May 14, 2018, 09:34:00 PM
More and more often talk about the "soap bubble" and the imminent collapse of not only bitcoin, but also the industry of digital currencies in general. Prospects bitcoin really do not look so rosy
17  Bitcoin / Bitcoin Discussion / Re: Crypto VS national currency on: May 14, 2018, 09:08:36 PM
The use of bitcoins and altcoins as a payment form contradicts the law on national currency.
18  Economy / Speculation / Re: Reasons why Bitcoin is droping: on: May 13, 2018, 11:04:07 PM
today there is an increased demand from ordinary users who open more new wallets, increase the number of transactions (transactions), and also create new companies that rely more on Bitcoin.
19  Bitcoin / Legal / Re: Criminals and Bitcoin on: May 13, 2018, 10:58:58 PM
As a favorite means of payment, bitcoins are used by criminals, and by this the reputation of a coin that glorifies democracy and human freedoms is simply trampled into the mud.
20  Bitcoin / Bitcoin Discussion / Re: Bitcoin VS. GOLD on: May 13, 2018, 10:55:42 PM
In fact, Bitcoin is not without reason called the updated version of the most popular precious metal. A kind of digital gold, or in another way - or gold v 2.0. Market participants identified the following common features among them: safety, simplicity and accessibility in understanding, limited extraction, divisibility. In almost every common area, bitcoin loses for one reason or another.
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