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For some peoples, they will choose build their own bitcoin mining because its give bitcoin every month. But before we start build our own mining, we should calculate our cost. Electricity cost is biggest cost and we should compare it with bitcoin price.
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I have many thoughts on my mind one of this is until now I can't believe why some people is really brave and confident to do or spread some negative or fake news just to destroyed others. Specially to Bitcoin, it's hard to think that others are continuously making fake and negative news about it even if this system only wants to give us a huge of benefits and opportunities in short, Bitcoin has only a good purpose which helping people to have much more easier and convenient life. So I think we need to do something to stop spreading fake news all over the world so all of us can live much better.
I think some peoples or institution just want to make bet with bitcoin price and they are must be want to make profits from bitcoin if the price fall. I think the biggest problem is on community because many peoples believe on that fake news and became panic and selling their bitcoin with cheaper price. If we are long term investor, we should not panic with any negative news because we believe bitcoin is good investment |
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One thing to say mining bitcoin consumes a large amount of electricity and it would take lots of equipment to manned the mining. There should be a development in making the cost of bitcoin lower; given that lower mining cost could yield a higher profit. However, it matters on trading and exchanges.
Demand on mining equipment increasing every years and peoples want to build their own bitcoin mining. Thats why equipment to build bitcoin always increasing the price. Electricity cost in several country different with others but i think its profitable to build our own mining because its passive income |
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I am agree that we should invest with money that we can afford to lose. Investing on cryptocurrency is very high risk and using our idle money is wise decision because its long term investment.
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Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
Government want to collect from cryptocurrency trading including bitcoin trading and i think that will need regulation. I think regulation will be good for cryptocurrency market because investor will be more confident to invest more money. Many country already regulate cryptocurrency and i am believe many others country will following |
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Not everyone like cryptocurrency like we do and every person have a right with their perseption. Some peoples that i meet said bitcoin or cryptocurrency is a buble and i am just showing to them my wallet.
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I think the game just started. Bitcoin price on 2017 make astounding growth and its more than 1000%. No investment can give return like bitcoin. I am believe this game is just started and no one can make it off
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Bitcoin may fall to a lowest price but it will mever die. There will come a time bitcoin will rise again maybe not for now but definitely it will bounce back again because bitcoin will ever lose it's potential in the market.
Indeed, i think bitcoin or cryptocurrency will not die in near time. We already know cryptocurrency growth and every years, market cap in cryptomarket always increasing. We should not worry on cryptocurrency future because some big investment firm start investing on cryptomarket |
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Halal or Haram  If Bitcoin BTC From the results Faucet, Mining, Giveaway, And Gambling placed in the same wallet Please lightening and further explanation before astray  Thanks before  Greetings HunterBTC Bitcoin is currency and store of value. Religious leader in middle east already make statement that bitcoin halal for transaction. Like bitcoin, our currency money can be used for gambling too. Using for gambling or others activities is depending on user |
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From my little knowledge. Cryptocurrencies are primarily used to buy and sell goods and services, though some newer cryptocurrencies also function to provide a set of rules or obligations for its holders.They possess no intrinsic value in that they are not redeemable for another commodity, such as gold. Unlike traditional currency, they are not issued by a central authority and are not considered legal tender.
I need help in understanding the crypto market and investment advice in order to invest effectively on bitcoin market
From what I know, cryptocurrency like bitcoin created because our currency economic system fail. Bitcoin system created because central banks always print money from thin air and there is no audit and not responsible on economic crisis. Thats why bitcoin have limited supply and no one can control bitcoin supply. Our current currency actually no instrinsic value too and based on trust to government. |
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So what do you think would happen if another Cryptocurrency (Example Monero / Ethereum etc) were to take Bitcoins spot as first in market cap?
If that happen, i think cryptocurrency market more healthy and more mature. Bitcon dominating market in crypto more than 40% right now and more than 60% in 2017. Its not healthy because others crypto can not growth and investor dont have many choice |
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I am prefer choosing small weekly increases. I think if small increasing but continously, it will attracting more investor because bitcoin price looks promising and looks stable. But i think its hard to happen. The most important thing for me is bitcoin price always increasing year on years
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Bitcoin is just one of many kind crypto in market. Many different cryptos in market with different project. Indeed bitcoin have limited supply and thats why bitcoin price always increasing and more expensive.
Gold and silver is safe investment and more popular in our society. But we live in digital world right now and bitcoin is more safe and reliable than gold in we using it for transaction
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There are so many scam projects going on. people are now afraid of joining ico.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.
2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.
3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.
4. there are hundreds of projects in each stock exchange. Someone stop them.
Many scam ICOs doesnt mean all ICO scam. Many ICOs have good project and they delivery their roadmap and give big profits to ICO participant. We should always carefull when join on ICOs. The best when we can do when join on ICOs is always searching about their team and developers team. |
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Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
Like others financial market or commodities market, price always depend on supply and demand. With limited supply on bitcoin and demand always increasing, bitcoin price must be always rising. Thats why bitcoin is good long term investment |
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As far I know, china government is one biggest gold holder in the world beside Germany and America. Gold already known for centuries as safest currency and its more resistance on inflation. I think it quite normal if government suggesting the best for their citizen
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Hey everyone I have heard newbies and other people asking about how safe is the Bitcoins and it's transactions well I think it will be beneficial to have a little discussion on this .
First of all if you own a bank account in a good bank then you should know that its very hard to hack one's bank account, it's almost impossible unless done due to personal flaws, like sharing your key or bank account details or something , you know the system behind Bitcoins and the system behind banking system is same .
Something by the name of cryptography whose Advance form is block chain . It's a complex code involving complex mathematics and the transactions are only completed through very complex and complicated steps impossible to penetrate.
For Bitcoins the same thing operates but with no intervening part or whatsoever , it's p2p direct transactions and this is even more secure and private.
The reason why you hear news like :- someone got their Bitcoins stolen or something is because they have personal flaws , they shared the private keys or the password with someone else..or they used a bad wallet.
It's on you how safe you make it .
I am reading on many media that many news about banks hacking. Bitcoin or cryptocurrency different, as long we keep our private key safe, its hard to hack our bitcoin wallet. Cryptocurrency is more safe because data transaction spread all around the world and almost impossible to change and hack data transaction |
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I don't think bitcoin will die just because of those regulations instead it may become beneficial for every user because it may give more security from hackers all over the world. What's important for everyone is to feel safe storing their money in their bitcoin wallets.
Global regulation will give a higher security for bitcoin and more people will trust bitcoin because they now know that there is a regulation that they can be a basis for them to trust bitcoin since the government from different countries already made up a regulation that will add a layer of security for its users. Regulation is needed but i think its not everything for bitcoin. We know bitcoin is decentralized system and no one control bitcoin supply. Regulation will give more confident on investor. With regulation, investor more safe to place their fund on bitcoin because bitcoin is legal. |
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Bitcoin price once reach $19k and i think that is great awarenees. I think bitcoin awareness growing bigger if adoption spreading and able to use for payment. But bitcoin adoption in real world must be need more time because its involving many authorities.
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Successful currencies meet three criteria:
(1) they are in widespread use as medium of exchange
(2) they serve as unit of account
(3) they are a stable store of value.
Most sovereign currencies fully meet all three criteria.
What about Bitcoin?
I think bitcoin meet that criteria. The obstacle bitcoin become currency is from the authorities. Regulation from government is needed if we want make bitcoin as currency. As store of value, bitcoin is very profitable, we can see it on price history and peoples who hold bitcoin already enjoying their profits from bitcoin growth |
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