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January 22, 2017, 06:00:00 AM *
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1  Alternate cryptocurrencies / Mining (Altcoins) / Re: Wich one is the best GPU to mine MONERO in nicehash or minegate site? on: January 12, 2017, 05:08:22 PM
I have tried with little investment to buy cryptonote algorithm to mine XMR but when I configure pool and start mining its was not showing any of movement on statistics. It makes me strange.

I am still investigating why such pool mining is not allowed for XMR mining with Nicehash cloud mining for cryptonote algorithm.
2  Other / Beginners & Help / Re: I need a wallet recommendation ??? on: January 12, 2017, 04:13:24 PM
A “Bitcoin wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others.

There are four main types of wallets

Desktop/Software Wallet is one that you install on your own computer or mobile device. You are in complete control over the security of your coins, but they can sometimes be tricky to install and maintain.

Hardware Wallet is like movable thing where you can store your own bitcoin and carry anywhere build with strong security.

Smartphone/App Wallet are also great tool to get control over your web wallet with apps. Some of actual just apps are also can be used to send, receive or store bitcoins securely.

Web Wallet or hosted wallet is one that is hosted by a third party. They are often much easier to use, but you have to trust the provider to maintain high levels of security to protect your coins.

This information sourced from Pocket Bitcoin Guide
3  Other / Beginners & Help / Re: Beginning with bitcoin trading on: January 12, 2017, 04:09:31 PM
Yes I agree with you. I have also even tried forex trading before and have good experience about market. But forex trading and Bitcoin trading two very different platforms. Forex only work on volume but Bitcoin trading platform works on demand and supply.

I would like to give suggestion for Bitcoin trading as keep watch on chart with volume in amount as well supply. This analysis can help to understand current condition of market. Price prediction is another part but trader must have to understand buy wall and sell wall and orderbook.

Even user can do altcoin trading which is beneficial for traders who trade for short term.
4  Bitcoin / Bitcoin Discussion / Re: When did you begin using Bitcoin? on: January 12, 2017, 04:00:04 PM
Hello.

I am get aware about bitcoin in 2009 but at that time many spam or ponzi offer were being introduced so I take time to educate myself and it takes 4 years to understand me about Bitcoin. Later on it takes me 2 years to test environment of bitcoin transactions. After then I dive into bitcoin and few other altcoins.

I would like to tell more about my past experience as,
While learning about Bitcoins I have created few websites related about Bitcoin information to make awareness about new digital virtual currency which is still new to world.

Such information portal help me to get more information about this amazing technology which known as Fintech now a days.

Fintech have already bring revolution in finance and economy. And in future it will give more solutions for better living of human being.
5  Bitcoin / Bitcoin Discussion / Re: When did you begin using Bitcoin? on: January 12, 2017, 03:56:05 PM
Hello.

I am get aware about bitcoin in 2009 but at that time many spam or ponzi offer were being introduced so I take time to educate myself and it takes 4 years to understand me about Bitcoin. Later on it takes me 2 years to test environment of bitcoin transactions. After then I dive into bitcoin and few other altcoins.
6  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: January 12, 2017, 03:53:16 PM
I think bitcoin is decentralized cryptocurrency which can accessed via internet only. This is very important factor we have to consider as disadvantage of bitcoin.

Many developed countries are using high speed internet but what about poor or lower tier level countries. Peoples from such countries could be still far away from bitcoin.

Bitcoin have its own protocol which is called as qt. And it need only internet to access your own BTC wallet from any device.
7  Bitcoin / Bitcoin Discussion / Re: The reason why people do not get Bitcoin. on: January 12, 2017, 03:48:08 PM
Mainly in world there is always certain gap within generations. Last one generation was not that much tech related and are happy with current traditional conditions. SO no one can force to these types of people by encouraging them to bitcoin.

Second important factor is awareness. Many new user just only trying bitcoin by buying them from seller or exchanger. But still such type of user dont have understand future potential of bitcoins.

I think people must have to give proper time to understand bitcoin environment. This time investment to educating themselves can increase their confidence and trust within Bitcoin.
8  Bitcoin / Bitcoin Discussion / Re: Best/cheapest way to anonymize bitcoin payments? on: January 12, 2017, 03:42:55 PM
Exchanger or trading platform are one source to get bitcoins anonymously. Or even can use third party wallet service who offers sending and receiving platform.

Basically Bitcoin is anonymous currency. Any user who use wallet service can be traced by IP only but no one can identify certain person. Mixer is also good service to get your own bitcoin by paying fees for mixing.
9  Bitcoin / Bitcoin Discussion / Re: If no one spends bitcoin what might happen? on: January 12, 2017, 03:36:35 PM
Actually we must have to consider this fact as logical statement if no one spends bitcoin.

Actually this cannot be happen. Because in market if no one going to sale bitcoin and if demand is increasing then price of bitcoin can reach to sky.
But this will never happen. Because till date bitcoin mining is going on and till 2145 mining will be continued. So till 2145 miner only get rewards for verifying transactions made within network. In no one spend bitcoin no miner will get paid.
10  Other / Beginners & Help / Re: Do Bitcoin are beneficial for us? on: January 12, 2017, 03:32:18 PM
Hi, i'm a new on this Bitcoin world, so don't judge me please.  Wink

Actually, i'm a little bit confuse about this. What kind of benefits we get from Bitcoin? And, what is the main feature of Bitcoin?

thank you  Smiley

Well many new users still not aware about potential of bitcoin.

Bitcoin have many advantages :

Bitcoin is anonymous, decentralized, digital, virtual currency. Along with this bitcoin have limited supply. Increasing popularity can increase price of bitcoin in coming years.

Basically bitcoin is based on blockchain technology. This technology is open source and Based on Peer to peer network.

So all above mentioned characteristics are beneficial for future of human being.
11  Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins? on: January 12, 2017, 03:24:07 PM
Mostly I usually prefer to use online web wallet service which also offer you privatekeys of you bitcoin wallet address. Having private keys of your own bitcoin address is very important to keep your bitcoins safe and secure.

Even user can also use clod storage or paper wallets to keep their bitcoins safe. Still would like to recommend higher security for your wallet service.
12  Economy / Exchanges / Re: Any trusted website or exchanger here that exchanges btc for prepaids/netspend? on: January 12, 2017, 03:20:31 PM
I don't know if this has been asked here or not but as the topic states, I would like to know if there is a trusted website or exchanger here that exchanges btc for prepaids/netspend? I would really appreciate some response. Thanks in advance.

I would like to recommend genuine service which can offer instant virtual Cards for Bitcoin or Altcoins to make spend. I already have PMed you. Kindly check PM.

As well as kindly use certain amount of Bitcoin or altcoins to use such offering service to reduce chance of being trapped or loss of equity.

Coinizy, Uquid, cryptopay these are some of service provider who offer such a virtual card services.
13  Economy / Speculation / Re: ➚➝➘ 1[btc]➔$1000 EXpensive or Not?? on: January 12, 2017, 03:14:06 PM
Actually price of bitcoin should be more than $1000 as per consideration of its popularity, demand and value. Anyone in globe can buy bitcoin at current market price. But additional advantage of bitcoin is it can be divided in 100000000 satoshi and which can be individually identified. So if user have small equity can go for smaller amount of bitcoin which can be defined in satoshi.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: E-dinar is scam coin?? on: January 12, 2017, 03:05:02 PM
After reading reviews of forum user about EDR its taking me to conclude EDR is ponzi. As per my acknowledgement no altcoin can sustain with mlm or network marketing. In such ways of promotion certain users only get higher share and revenue but the last person who gets involved in such schemes get lost their equity.

So my honest suggestion is think twice before making any financia transactions for such mlm based cryptocurrencies.
15  Other / Beginners & Help / Re: Other Crypto currencies withdawn to a Bitcoin address on: January 12, 2017, 02:59:42 PM
Good day everyone.
I am new in cryptocurrencies especially bitcoin therefore I have only few thousands satoshi in my account.
anyway I also discovered some other crypto currencies like dogecoin, altcoin etc. and I also started obtaining those.
now my question is: (since I only got so little of this currencies, I'm not able to do an experiment)
- I have few dogecoin, what will happen if I send it (withdraw) to a bitcoin address?
will it auto convert to the value of bitcoin or some errors will occur and the dogecoins will just vanish in thin air.
(same question in other currencies and vice versa)

thank you in advance. Cheesy


Yeah,

You can use http://bitpayment.io service to exchange your dogecoin to bitcoin instantly. This service is especially designed to make instant altcoin exchange with out any mediator or exchanger. Simply you have to choose which coin you want to receive and have to put you particular coins wallet address.

Then have to click on button pay with altcoins. After click on button it will take you to new window to make payment by selecting cryptocurrency.

Hope you will love Bitpayment.io service to exchange altcoins instantly. This service is powered by Shapeshift.io
16  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: January 12, 2017, 02:54:11 PM
I think many user blaming bitcoin as its used for porn or gambling, just because of anonymous feature. But we must have to understand advantage of bitcoin. Bitcoin can give you more mobility, security and safety.
Even while using bitcoins for day to day transactions user are firstly trying for option to buy with BTC if not available then only move to fiat.
It shows interest of new user to get services with Bitcoin.

In coming years this picture will be more clear as business with Bitcoin payments acceptance will increase their user base and revenue also.
17  Bitcoin / Bitcoin Discussion / Re: Bitcoin, is it worth spending time collecting it? on: January 12, 2017, 02:49:56 PM
While investing in Bitcoin investors must have to consider few aspect which are important before investment.

Many users spent time to collect Bitcoins by faucets, gambling, trading, mining etc. And I think spending time on such activities for getting Bitcoins is worth. Because as predictions price of Bitcoin will be skyrocket in coming years. So who will stake Bitcoins can get higher returns on exchange.
18  Bitcoin / Bitcoin Discussion / Re: The Reason Bitcoin will always be #1 on: January 12, 2017, 02:42:53 PM
Basically Bitcoin is a pioneer of cryptocurrencies, so Bitcoin have already made milestone in history of the century. Bitcoin have lots of advantages and features which have already made Bitcoin unique.

Second important thing about Bitcoin is bitcoin is a master currency of Crypto market. Each new launching cryptocurrencies evaluated in Bitcoins.
19  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: January 12, 2017, 02:38:32 PM
Yes definitely because Bitcoin have already proved its existence and value. Due to this Bitcoin become more popular and valuable. As per predictions about Bitcoin price of Bitcoin is increasing exponentially. As well as demand in market also increasing. Day by day many new users are investing in Bitcoin even many non profit organisations also working to make Bitcoin future currency.
20  Other / Beginners & Help / Re: Be Smart, When Investing Your Bitcoins In Various Sites on: January 11, 2017, 05:25:12 PM
Indeed.

Unfortunately the the scam sites are making a bad reputation for the real sites/companies that are investing your BTC properly.

However, you need the check the website you've decided to invest. Check out facts as: team, development programs, company information, press, transparency, etc.

Good luck,

Yes actually 99.99% of investment sites are scam related about bitcoin investment. So its honest suggestion to user to make certain verification of particular investment site before making and transaction.

Bitcoin is anonymous digital currency so it is used for scamming user globally with considering advantage of anonymity.
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