I have seen addresses with names , short names though, I wanted to know how can we generate BTC addy with our names maybe?
simply use vanitygen ( it will generate the requested address' name by using GPU or CPU of yours ) -> https://bitcointalk.org/index.php?topic=25804.0the step is quite simple even some people here are offering a services to generate a customized address for you
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I read small part of this post and I can't understand how the blockchain helps tourism? Maybe not blockchain but bitcoin helps tourism, that would be correct but I can't understand why do they used blockchain, than we can to say that html/css helps tourism but that will be wrong like this thread's subject. It will be good if they integrate bitcoin payment in their shops (not blockchain ) and they will attract not many but small number of people and tourists and people's knowledge about bitcoin will grow. It will be good for country and tourists. as far as i get from the news,those two countries will going to attract tourists to visit a "new" unpopular places where it's not so often discovered by tourists who most of them are only visiting the landmark of the countries,they will more likely to build an application which is blockchain based to help tourists as ACN Newswire said, “This program is proof that Blockchain is not limited to financial transactions but could be used in many ways, including promoting tourism," said Saif Al Aleeli, CEO of Dubai Future Foundation. He continues, " the blockchain can be used for various thing not only for cryptocurrency thing
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I think it may help mostly because adopting BTC will allow a better economic state and alternative as we see the instable economy and people will have to chance to preserve their money this way,I think that's the biggest benefit of BTC
their instable economy and instability of bitcoin price or you can call it volatility if you like is really deadly if both were happen at the same time,people in poor countries can't afford if they're losing money because the bitcoin price is falling,and bitcoin is a currency which have nothing to do with the economy
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In my country bitcoin has no tax caused it's not covered by the government. However since the bitcoin community in my country is getting bigger they might tax it especially the exchange sites. But if that happens it just denies the whole concept of bitcoin cause it's anonymous, not controlled by anyone and decentralized actually if the exchanger companies that is currently now running in your country were legal and had been recognised as a company by the government,they are already taxed,because it's company so it's normal,govt always taxing everything
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it's not about domain name,their domain name will expire in 2018-08-25 which means still far to be expired,it's probably some trouble in their servers network,however there's nothing you can do because the problem is on them
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I agree. Trading is just about luck and It's like gambling whether the crypto value will go up or down. I think many of people lost their money at trading and some of them succeed But no easy job same as trading luck + strategy = Profit. Just Don't invest all your money in trading You would not really fully dependent on luck when you are on trading because it would really need some skills and proper knowledge in able to sustain with it and you are right trading is not an easy thing to do but we should not discourage everyone here. Learning trading would really takes time. Yes very true, very different trading with gambling. Trade does not rely entirely on luck. Although luck is needed but skill and patience is also needed in order to succeed and make a profit. We need to understand prices and fluctuations in order to make a profit. So basically trades do need luck to succeed, but other factors needed to be successful and profit. So you are saying that gamble relies entirely on luck? I guess you are wrong buddy, we are talking here of making money and making comparison on gambling and trading, therefore in gambling you also need to have skills as luck will not give you consistent win. and skill without luck is nothing,you expect to make a profit by using some trick like martingale or anything else? these tricks proven useless when you really have bad luck and got many loses in a row,what kind of skill you mentioned if you're playing a games like plinko ?
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So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
Do anything you want with it. Build a business for the future. Or just gamble it if you don't care losing it. Buy something for yourself or treat someone you love. 40 btc is big enough to treat yourself for one day or invest it to something or building a business. gamble is really bad decision especially if he's holding that big amount of money,his greediness will lure him to bet more when he's losing,and it's normal for all people to have this kind of behaviour but it's about how to prevent it to be happening,so gambling is not right
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Nope, because bitcoin is anonymous so nobody can know that you are doing bitcoin activity so the government can't tax you, but if you open local exchange and you used to do transaction using fiat then the government going to taxed you
definitely,unless bitcoin know who's behind the address,then you will end up getting recorded all of your transactions in the past and if there's something suspicious then government will trying to know what it is,if you ever breaking the rules and the government know,then it's the end of you,can't say bitcoin fully anonymous but if you're always changing your bitcoin address maybe it could be helpful
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I think it is very difficult for bitcoin to be popular like the dollar. Because the dollar is already very well known and used by the people who use that currency. Bitcoin is still new and needs to be a long journey to be able as popular as the dollar. Bitcoin might be in order to be as popular as mass adoption of dollars but it took so many people who know and use.
It probably takes a lot of time for something to spread in all over the world, specially for something that is not in physical form like bitcoin, dollar has a physical shape that has spread in the world but it still took it a really long time so for bitcoin it would take many years from now to reach that point. just to make it straight,whether something have physical form or not is really not matter nowadays,technologies are now advanced enough and if you trying to figured out most of people in developed countries are now using cashless method to pay stuffs or goods,thus bitcoin have a chance to take over the first place on this category
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i think that bitcoin will become an internationally recognized currency in a few decades, after that most of the people will use it
I am also very much possitive about this matter. A decades of waiting might be too long but i also do think that bitcoin still requires a lot to prove it self in the innovating world but this things would really never happen without the support from the majority of bitcoin users It can possibly happens in the next decades after a lot of debates will happen before it make as an official digital currency. But I think we will die before it declare as a official currency because of the time . how old are you by the way,by saying that you will die first before bitcoin getting declared or recognized as an official currency of world i think you're quite old LOL,technology are developed very fast,and so does with the current situation of bitcoin,so many countries are now giving an attention to bitcoin even not that deep hence there's possibility for bitcoin to be discussed in near future
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Anything can be used for illegal activities. I think that the main reason why btc has been rejected by society is that there's still much to learn about it and it's easier for them to speak ill of it than to try and deal with it.
I agree with you. Fiat has been you for many illegal activities for over centuries and no one actually wants to reject it. As long as bitcoin keep developing, no one can ban it or even ignore it. well bitcoin can't spend itself nor have brain neither,it doesn't make sense if government will eventually ban bitcoin due to bitcoin ever being used for illegal activities,if that's really happening then they should also ban those local fiat,its function is the same and ever getting used for criminalities
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no doubt if developed countries are very well implementing about technologies unlike those developing country which always lack of implementing these kind of thing even for the sake of their countries goodness,i hope i could afford to be there someday even though i'm always working out to make it happen,by the way does those locations actually accepting bitcoin in so many stores or just few in a place?
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The advantage is that Bitcoin is anonymous and the transactions are easily completed with very very low fees: you can go for 10k satoshis which is just a few cents even when transactioning millions! The disadvantage is that it's not popular right now at all.
yeah you can make a transaction with minimal fee as low as 10k satoshi but if you are going to transact a millions USD worth of bitcoin then you will face the slow confirmation because your fees were too low,just use proper fees,even if you set fee to 0.01 but if you are transacting such a big money like $10,000 then it will worth it,just compare with paypal who is going to took 3% of the money
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As bitcoin matures, the price will become more stable. I think this will be a good thing for bitcoin since that stability would attract more users to try and use bitcoin not just for transacting but also for long term investment. For some, stability is their main concern and if bitcoin arrives at a stage where it has a stable price, I am sure people would welcome it with open arms.
I don't know, there's a lot of oportunity with the floating price... You can have for example an coffe machine that accept Bitcoins only, and well, you just wait for the best time to trade to a fiat currency, it can be a big deal if you have patience and don't need the money fast. such an absurd example in my opinion,who the heck need to wait price increase which is obviously need time to be happen for the sake of a glass of coffee,just buy it straightly and you will get a coffee and you can drink it,the difference of the price if you're waiting maybe about few cents which is unworthy
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Actually i can say that i have it but letter bit because recently, i have done investment and got lose, than i hold my bitcoins because i think it is a save way, and when price increase than definitely i will sell it, So you can call it my passive income, but otherwise i have not and also i don't know these ways where we can get passive income.
what kind of investment? you can't say you really invest into such specific things if it was a ponzi scheme or just an MLM,definitely can't say it's a legit investment since it was made to scam people,go try out another investment like lending on poloniex or whatever legit
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We are not accepting bitcoins in our company and the main reason because of that is that we are not able to see the price of the bticoin everyday you know and that is why we keep off the bitcoin it is a to big risk.
Actually your company is not need seeing the price of bitcoin every days, you just need opening account on bitpay.com and accepting bitcoins as payment method. bitpay.com will convert automatic bitcoins to fiat money for your company and bitpay is for companies not for personal services. If there's a will there's a way but that method you need to exert effort, most of the customers want to easily transact with your business and if possible they want to have their bitcoin spend that look for a third party company just to make a successful transaction. as what i've known bitpay makes your clients transaction and sending bitcoin as fast as you just clicking send button because if the client were using desktop wallet the send button would be functionable and it's as easy as using paypal you know?
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Of course it's possible. There are lot of people trading Bitcoin for PayPal. Even on localbitcoins there are many sellers who will trade Bitcoin for PayPal. But I wouldn't recommend this option because you will lose a lot for the price is much higher if you use this method. And you can also get scamed, which is not less important.
I will not prefer this method because here a lot of scammers are there. I lost my money in this process. I did trade with Bitgold, and some people cheated me. I lost my Bitgold and money both. So I don't trust Paypal payment. Dealing with Paypal account is very risk I don't recommend this to anyone. Yeah, it is simply a bad idea, to try to buy bitcoin with PayPal there are many obstacles and problems to cover; in the other hand buying PayPal with bitcoin is extremely easy here in the forum. the struggle of having clients who are going to buy bitcoin with paypal is because the possibilities of getting chargedback and blindly approved by paypal,sometimes their paypal also unverified or even stolen paypal that will actually giving a big effect to the seller's account,it may possibly getting limited and the money will be taken back by the original owner
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bitcoin still the best you hold balance bitcoin you can potential grow your money you hold balance paypal is nothing grow
No argument about this, bitcoin is really the best and upon using paypal I had experience a very lot of problems with them. And don't forget the transaction fees thing if we are going to compare them both, and bitcoin is going to be the winner on it for it has very cheap fees. Unlike paypal, their transaction fees are just like gold. If you look at how the fees of Bitcoin are prioritized right now, then the average fee value will come very close to $0.20 per transaction. If this is going to continue, then we can't bring up the low fees of Bitcoin as a significant advantage over any other payment service anymore. it's still far cheaper than the most used service such as paypal that having fees about " 2.9% plus $0.30 USD of the amount you receive" just imagine if you sent $1000 then you will end up paying so much money to paypal for only sending money,while with bitcoin it's just matter how big your transaction size and just multiply with the current fees/bytes
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i do recommend a popular exchanger that having such a high volume on its 24 hours activities and it's poloniex and bittrex,these two are the best and suitable ones for me,no doubt about its useful feature,many newbies also begin to trade on these sites but be careful when your email just revealed somewhere,you will get a "forgot password emails" bruteforce,but it's not going to be a problem as long you can manage to keep your account safe,just enable 2fa though higher volume mean faster trading activities and you can do short term buy and sell
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Yeah I agree bitcoin is freedom.. because I can do anything online from whatever bitcoin can offer.. like playing casinos which can bring so much fun and entertainment.
It isn't 100% freedom. Yeah, you can do stuff like going on the dark web and buying illegal stuff but it's still risky ne caise the governments can track you down anytime. I have even heard the FBI categorizes you as a criminal in the first second you're opening Tor already, so you can be taken down at any time. Be careful about it. definitely right and agree with the first point,but how the heck FBI could detect someone who just opening TOR,the point of using tor is to be untraceable and anonymous isn't it,if it's were useless for FBI and they still can trace us,so why the heck we still use TOR,then TOR is really fucked up is that is actually true
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