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April 23, 2018, 06:56:59 AM *
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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin is changing the world. on: April 22, 2018, 04:41:01 PM
Yes Surely I agree. I would like to take new user towards technology behind bitcoin. Blockchain and Cryptography together have combined an innovative platform of token distribution worldwide with decentralized technology. Bitcoin is the name of this successful token issued by 2009 to public. Since from 2009 till now there is tremendous development in many entities considering future demand. Blockchain have solution for every business which are looking to go with decentralization.

 
2  Economy / Speculation / Re: 3 Reasons why Bitcoin is Going Up! on: April 21, 2018, 08:27:21 AM
Strange. I think there is no sense of distinguishing Bitcoin or Cryptocurrencies on religious basis.

There are many reasons for price increase of Bitcoin. Few reasons mentioned are right just because such countries are taking positive actions with technological implementation.

I believe in evolution, revolution and technology trend which is currently making positive impact on many businesses to go decentralized. Upcoming future will be more decentralized as no Corporate, government or organization can control or handle it. And this the future. Which is bright.
3  Bitcoin / Bitcoin Discussion / Re: Japan plans to become the Bitcoin capital of the world. on: April 14, 2018, 01:11:31 AM
First thing no single nation can dominate or make Bitcoin centralized. But still I admire approach of Japan's towards new era of revolution with innovative technology such as Blockchain. Japan really gives a great example to world by becoming first country to use Bitcoin as a currency.

As we know Japan is already tech giant in electronics world and they understand the power of technology. Still world is understanding what is this innovative technology, and at this point this country already adopt this revolutionary technology, and this make difference between developed and undeveloped countries in every aspect related to development, education, finance, industry and governance.
4  Bitcoin / Bitcoin Discussion / Re: Women in the cryptocurrency industry on: April 14, 2018, 12:50:46 AM
Every so often I run into an article that talks about how few women are involved in this industry compared to men. My suspicion is that there are more women involved than anyone realizes; they're just not putting their gender front and center.

What do you all think?

https://moneyish.com/ish/all-the-reasons-why-women-can-be-the-future-of-cryptocurrency/

I see many have already posted with making distinguish between man and women. I personally think that, we at least crypto enthusiast do not have to make this difference. Blockchain technology is revolution and its completely upto person who wish to connect with such decentralized platform and revolutionary technology which is really world changing.

Since from history we have lived men dominated culture may be due to this reason this thread posted Women in the cryptocurrency industry.
5  Bitcoin / Bitcoin Discussion / Re: Do We Need Social Media Promotion on: March 24, 2018, 04:07:54 AM
I have a question

what the advantage to promote bitcoin?


I completely agree.

Bitcoin is decentralized and no one control it so no one make advertising online for Bitcoins Promotions rather Individuals or Corporate can offer their business or services to user by making promotions on web.


force other countries accept bitcoin?


Yes major countries have adopted blockchain technology soon number of these countries will increase but it depends upon many conditions. And it will take time.


if it is the case, I don't think promotion can solve this problem.


Yes not just promotion but awareness with proper knowledge is important. In coming future not just blockchain but also AI(Artificial Intelligence) & ML(Machine Learning) is the next wave for career along with business infrastructure, platform and tool.
6  Bitcoin / Bitcoin Discussion / Re: Do We Need Social Media Promotion on: March 24, 2018, 04:00:00 AM
I personally think that any industry of any type which is closely related to production have to spend nearly about 40% of total cost of product for Advertising.

Now no one notice Advertising is long lasting industry, which includes many platforms which are related to humans life. Social Media is one of them.

Certain audience which use social media is one type of targeted audience which returns higher CTR and Conversions.
7  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Really End World Poverty? on: March 20, 2018, 01:47:53 AM
I think this is impossible. In addition to the need for new forms of currency and payment instruments, the world also needs more technologies such as medical, agricultural, and scientific innovations. Only with all-round progress can the world regain prosperity.

IMPossible word itself says I M Possible.. But not with just only Bitcoin but with technology used behind Bitcoin. Now many countries are moving towards other altcoins for better, faster and instant transactions and confirmation. The world is moving towards AI(Artificial Intelligence) and ML(Machine Learning). Implementation of these advanced technologies along with blockchain can offer better business solutions in coming future.

Bitcoin intelligence can only make individual people richer, making wealthier people richer. Because most of the world’s important resources are in the hands of a few people, including some of Bitcoin’s information. Of course, I do not deny that Bitcoin gives more people a chance to get rich quickly, but it is impossible to get the whole world out of poverty.

I agree. As Bitcoin have opened door for tech peoples who are good with their education, intelligence, knowledge and talent. But rather I would like to say that anyone can understand Bitcoin and its technology. After agriculture Blockchain is the biggest invention done ever in last 1000 years.

Now according to these information it will take certain time to adopt these technologies.

But poverty has many other reasons which cannot affected by Bitcoins.
8  Bitcoin / Bitcoin Discussion / Re: What impresses you the most about Bitcoin? on: March 20, 2018, 01:28:45 AM
As we everyone knows Bitcoin is the first ever made cryptocurrency with help of blockchain and cryptography. I like the platform as well as technology used for preparation of Bitcoins. Its true that Bitcoin is Master or we can say Prime currency of crypto market. Each and every altcoin(cryptocurrency) get evaluated against Bitcoin, and then its value get decided by trader on exchanger.

Bitcoin is really precious cryptocurrency which has real potential to skyrocket its price against fiat exponentially globally in coming future. Now new trend of businesses with AI and ML is standing and this is the base of blockchain and decentralization.
9  Bitcoin / Bitcoin Discussion / Re: Why are so many people against bitcoin? on: March 09, 2018, 12:27:51 PM
Positively, bitcoin is becoming accessible by the common man and they are seeing proves,but the fear of what mmm did and other online transaction that failed, or persons got scammed, through online biz,it got persons thinking that bitcoin is a scam..

Exactly false advertisements as pyramid schemes, MLM, Network marketing etc. and all make false advertising and promotion, which is finally impact on loss of equity of common user who is still not aware what is bitcoin.

Its clearly shows that lack of knowledge. If we see literacy of total world and percentage of literate tech users is very few. Bitcoin is still in development phase, soon governments, corporate even start ups and individuals also move towards blockchain technology. Its just beginning.

Now its up to user as how they treat with all these things. weather they accept or not, its just matter, nothing else.
10  Other / Beginners & Help / Re: exchange ETH to BTC on: March 04, 2018, 05:39:48 AM
I'm a novice and got around 0.05 ETH on cex.io.  Where can I change ETH to BTC ,Trustworthy and low fee ?
Fee's was always there but I can assure you it is affordable to cover your transaction fees.
You may find an exchanger site that you want to trade for that ethereum to bitcoin, you may be used bettrix, binance or hitBTC, these all exchanging was have the reputation and trusted to people.
I have a known a direct trading or converting site that you may be used easily to understand.
Try this https://shapeshift.io

Yes Better I would Like to go for BitPayment.io which offer easy UI and UX for even newbies to exchange their altcoins instantly and safely which powered by Shapeshift.io.

Bitpayment with help of shapeshift offers anonymous exchange of altcoins. Its useful for user that user don't have to touch any exchanger or work more smooth with hassle free environment.
11  Bitcoin / Bitcoin Discussion / Re: Will bitcoin end? on: March 03, 2018, 09:03:27 AM
Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.

Do you think someday bitcoin will end or will be replace by other cryptocurrencies?

Yes/No. Its just possibility.

But there are very few % chances nearly about 0%, according to current reputation of Bitcoins in among crypto market.


Is it too late to invest?

No still Bitcoin is in development phase. Bitcoin is the first successful experiment held with blockchain and cryptography which have already proved its existence,  importance and value. In coming future more businesses will go with decentralization and at that time Bitcoin will become more popular, as it is the first cryptocurrency ever made. Increasing demand and limited supply will take Bitcoin's price to skyrocket.

Currently there are many more apps and tools are available which offer third party services to users to access their crypto asset.

Is there a chance that bitcoin will be down?

According to specifications of Bitcoins, Bitcoin offers first decentralized, peer to peer based open ledger platform which offer user to exchange their digital tokens(coins) with each other withing network. Now as more users get involved then more stability to network will be provided and more users will also increasing price of exchange of Bitcoins against fiat currency globally. So as per current trend of businesses and their features, as well as future, blockchain and cryptography will perform very important role in business modulation according to demands in coming future.
12  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Crashing? on: February 27, 2018, 01:18:09 PM
Have anyone know that Bitcoin itself have "0" value. But user interest and demand takes bitcoins price to skyrocket. My own conclusion was bitcoin will hit $10000 by 2020. But its moves too fast.

According to current market price of Bitcoin and dominance of Bitcoins in global market, it will reach to new height in coming years, as more and more businesses, corporate, and individuals are moving towards decentralized technologies. So I don't think that Bitcoin is crashing rather I would like to say that its an exchange value correction phase of Bitcoin.
13  Bitcoin / Bitcoin Discussion / Re: Bitcoin affects students' performance in school on: February 25, 2018, 03:21:25 PM
I personally think that yes its affected on performance of students in school. In many developed countries where money is the most important thing to survive, students are approaching and taking more and more interest towards easy way of earning some fiat currency with help of altcoins and other cryptocurrencies. And at certain level they also get successful. But this is so risky for the bright future of such students, especially who are not performing well in academics.

Bitcoin is nothing but the revolutionary, top end quality technology of quantum physics and cryptography, which are so much complected and hard to understand to common person without having any basic knowledge.

So my honest suggestion as well as request to newbies spend more energy, money and time to learn what are these future technologies, this will help to become more confident and comfort while using these decentralized technologies.
14  Economy / Speculation / Re: Does Regulation Attempt affects the Bitcoin Price? on: February 21, 2018, 03:17:26 AM
Thanks for the responses, In short government should respond to it in a positive way and the investors should embrace it, for sustainability in the long-term approach.

Yes off course. As who makes governments and for whom made governments. And answer is people. If people are looking out for innovative change which is really revolutionary then why should government creates barriers. Rather I would like to say governments from all over world have to consider possibilities of adoption of blockchain technology for better and convenient future.
15  Economy / Speculation / Re: Does Regulation Attempt affects the Bitcoin Price? on: February 21, 2018, 02:49:36 AM
According to specifications of Bitcoins, decentralization is the most admirable technology used to controls overall flow and circulation of generated coins. Bitcoin also have limited supply so I don't think Bitcoins will be regulated. Better, government will try to find out solutions for it. Increasing demand and limited supply will skyrocket price of Bitcoin globally. And Bitcoin will gain more popularity in coming future, which will directly affect and impact on price of Bitcoin against fiat.
16  Bitcoin / Bitcoin Discussion / Re: Bitcoin is changing the world. on: February 20, 2018, 01:40:57 AM
Yes.

Already Bitcoin have proved its existence, importance and value in current global market. In short time span Bitcoin become more popular just because of its specification and method of preparation. Bitcoin was the first successful experiment held with Blockchain and Cryptography. Bitcoin is P2P decentralized platform which gives solutions for economics and finance globally. Now a days many new businesses are moving towards decentralization. And this just beginning of new era of decentralization. And upcoming future businesses will be more decentralized, open source and transperant.

17  Bitcoin / Bitcoin Discussion / Re: How long bitcoin will survive ? on: February 19, 2018, 09:26:42 AM
Faith, Belief and Trust. These are factor which will keep anything in this universe alive. Bitcoin is a successful experiment held with blockchain and cryptography which give revolutionary solutions for current business structure. Enhancement of such revolutionary platform to current businesses obviously increase more accountability, transparency and scalability. Along with blockchain any business model can be a part of decentralized platform which will bring more awareness and popularity to Bitcoin as Bitcoin is a pioneer of cryptocurrencies.

And I think according to current global businesses and their future strategies Bitcoin will survive for centuries.
18  Bitcoin / Bitcoin Discussion / Re: Bitcoin to eliminate unemployment. on: February 14, 2018, 02:55:46 PM
I am partially agree as Bitcoin is basically a platform which offers user to make transaction without interruption of any third parties. But along with this I would like to say that who understand what is technology behind this, can really get good amount of revenue. Many new enterprenuer who dedicatedly work for it getting good amount of share. Along with Bitcoin is just offering platform nothing else user have to choose where to invest their hard earned money.

Bitcoin help little bit to reduce unemployment. But I am not agree that Bitcoin reduces unemployment completely or will reduce completely in future. Rather due to decentralization and open source platform its a global opportunity for everyone to become unemployed.
19  Bitcoin / Bitcoin Discussion / Re: How Bitcoin mining works? on: February 11, 2018, 05:57:27 AM
I'm new to bitcoin and i'm very curious on how Bitcoin mining works?

Well mining is a process of generation of altcoin. There is two type of computing power. 1. CPU and 2. GPU

Base of altcoin formulation starts from its type of work and algorithm used for its generation.

In case of Bitcoin, Bitcoin is purely Proof of Work type based cryptocurrency, which have its own specification for formulation. Bitcoin is based on SHA256 algorithm which supports to encrypt mined data and store it securely within block with help of cryptography and hashing power. Now when block gets solved miner who supports to network to alive along with verify transaction and keep all record on ledger of blockchain, receive rewards for their contribution.

This is about Bitcoin but many other cryptocurrencies are based on various algorithm and various types of work.
20  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money? on: February 11, 2018, 02:24:07 AM
Still people are thinking Bitcoin as a money or medium of exchange, but basically its not. Its a purely commodity. And value of this commodity can be affect by many factors along with its specification.

Bitcoin already have proved its importance, existence and value. So we have to learn what is Bitcoin and what are possibilities of use of Bitcoins in coming future.
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