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Bitcoins is a decentralized virtual digital currency.
Anyone who understand what is bitcoin can use bitcoins.
Its so simple to use anyone who tried first time will also pleased by experience and will become addictive to get such a pleasant experience.
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yes off course because world is changing financial era. Bitcoin is just one of altcoin among many more having highest value for exchange in market globally and can also be exchanged in fiat currency.
This magic is just because of blockchain and cryptography.
World is already start to go beyond as steemit formed blockchain social network.
In future few more advantages of blockchain will see.
Banks are also testing blockchain feature for better banking experience.
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No bank will never make disappear by bitcoin.
There are many reasons but main reason is fiat currency is main equity of rolling local market in each and every country. So bitcoin have certain level to use. And in future its not will be possible to make little transactions as halving will go on price of transaction will be higher.
But we also have to consider that we evaluate any lowest price good in bitcoin as bitcoin can be divide in units of satoshi.
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IS there any Bitcoin Bank that really works like bank that provide interest for customer that available in this world?
Bitcoin is not a bank its a decentralized virtual digital currency, can be stored independently in different forms of wallet safely and securely. So no interest at all. But the things to understand it that we can evaluate bitcoins with fiat currency. So if we take a stake and store some bitcoin with lowest price and sell them at higher price can give profit and it can be calculated as interest in fiat currency. |
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Bitcoin opened a door to future, its first of its kind and that mean something in this world. Even if we see something new, that will be based on bitcoin. So bitcoin will have some historical value. Price is 664 $ for 1 btc, I don`t understand what people wish more, for me this is amazing price, and success for btc. How much was price of 1 BTC 10 years ago? Bitcoin didn`t exist in 2006, so what ever people say this is amazing. And I think bitcoin can do more just when more people start to use btc, when some big companies start to pay salaries in btc. Then we will see some big rise of price, until this slow rise is good.
Bitcoin have a future, and time will tell who was right. Comments will stay here even for 10 years. Lets remember to check who said what.
Off course ! Blockchain and cryptography have already formed an invention in the form of bitcoin and its already reached to high level. After then other altcoins will match up the market. But Blockchain have many more futures and features. |
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Nah, I think this will change. BTC will become part of the past, part of the human history. New ideas will come with the future, new currencies will come, others will be replaced. In less than 10 years, I think we'll have a global currency.
Bitcoin is just form of currency only because of blockchain. Already there are so many cryptocurrencies are available in market. Important thing is block chain in current period government also thinking to use blockchain technology. Already seemit have embed blockchain with social network. Ripple is forming Blockchain Cross-Border Payment Network. So its sure that bitcoin have bright future. |
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http://www.theatlantic.com/technology/archive/2016/04/bitcoin-hype/477141/Something strange is happening to Bitcoin. Once viewed as a way to do business in the darkest corners of the web, the digital currency has rather suddenly become a favorite talking point among humanitarians and international development enthusiasts.
Bitcoin isn’t just for illicit transactions or Internet hobbyists anymore, but for helping the poor, the downtrodden, and the unbanked.
Perhaps Bitcoin can save them! Perhaps Bitcoin can save the world!
Regardless of whether this attitude is realistic—and more on that in a minute—the people focused on demonstrating the social benefits of Bitcoin are challenging existing narratives about the cryptocurrency. While early commentary focused on how Bitcoin might be used to buy drugs online, or for sending money without a paper trail; the social-good argument suggests that these uses were simply the first use-cases in which Bitcoin’s utility became apparent. But there are billions of other potential use. There are, for example, people who face significant obstacles in operating within the formal banking system—and these folks look very different from the shadowy hackers that tend to be seen as the prototypical Bitcoin user. They could be low-wage migrant workers sending money back home to their families, for example, or activists receiving money from abroad during tumultuous times. Bitcoin is revolution in the form of solution by invention, Bitcoin is nothing but one of altcoin that has highest market exchange value in fiat currency globally. There so many reasons are for that few are as anonymous, decentralized, safe, secure, open source etc & many more. Firstly we have to understand things as banks will be there at local level for fiat currency. But Bitcoin is giving option to make valuation of any thing in it, as we evaluate anything(good) with fiat currency. But as time is going using bitcoin for small transaction will not be affordable as after halving already price of reward for block is settled to 12.5BTC. |
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Hello all. Can anyone advice me how to get rid of bitcoins anonymously? I know that there are markets, and I want to sell BTC but not to my bank account, but anonymously. Thank you
I think it has certain limitations as you can make any transaction with bitcoin or any altcoin is can be done anonymously. But when you trade Bitcoins against fiat currency, at that time its responsibility of exchanger to keep all details of user who is trading altcoins with them for security purpose. In such case you can just only sell bitcoin to exchanger to get them in fiat currency by submitting required docs only. |
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Steemit is great tool for blogging which returns your time investment and knowledge with real currency.
Its amazing.
World is really opening new era of technology for everyone.
Also generation of steem is through mining but this mining is quite different.
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Mining is process of verifying transactions. And miner can only do this with power they have. If you understand concept of mining properly then you will not interested in mining of Bitcoins specially.
Bcz mining of Bitcoins is quite harder then before till price of bitcoin goes up.
So my suggestion will go for any other altcoin which can give you stable out put, use that currency for trading and then take some profit through it.
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Mining of altcoin is quite good idea for getting good ROI with mining cryptocurrency.
But mining is depend on many factors as below :
1 ) Which scrypt you use
2 ) What currency you mine
3 ) What is difficulty level
4 ) Block size
5 ) Block height
6 ) Block Reward
7 ) Time to solve one block
8 ) Increase % in next difficulty level
All things makes impact on mining.
Also you have to know which currency to mine as per current market cap, price, exchange rate and volatility.
As already there are some sources where anyone can find which currency mining is profitable at https://www.whattomine.com/ here on site we can get information of all currencies with their actual price and also make calculations of ROI. |
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Mining of altcoin is quite good idea for getting good ROI with mining cryptocurrency.
But mining is depend on many factors as below :
1 ) Which scrypt you use
2 ) What currency you mine
3 ) What is difficulty level
4 ) Block size
5 ) Block height
6 ) Block Reward
7 ) Time to solve one block
8 ) Increase % in next difficulty level
All things makes impact on mining.
Also you have to know which currency to mine as per current market cap, price, exchange rate and volatility.
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First thing if anyone got some tricks for hacking bitcoins will not explore them publicly. So I think its just fog. and rumors not real.
Also demanding Bitcoins for test of service its sure for scam. Stay away or you will burn your BTC for nothing.
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I think most of newbie think that bitcoin is not just currency but its magical currency. And cloud get profit from it.
I know its true but most of newbie get scammed as there are already sites running for 100x or 2x or 4x your bitcoins in just 24 hours like that.
I think newbie who earn bitcoins very hardly spend there on scam sites and get frustrated.
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How can a promote newbie to member..??no campaign for newbie for this reason i want to be a member or other...
There are two ways to get the rank member, First : You can be promoted to a higher rank if you are the higher activity, activity obtained from your post count. Although no matter how many of your posts are counted only 14 posts in the period of 2 weeks. And activity will increase again in the next 2-week period. 2nd : Or you can just buy account with higher rank member or full member maybe.  Buying such higher level account might not make that much sense as User must have that much level of experience of industry or market. Higher level of user makes trust to other forum user and such user with higher rank are quite responsible for content what they publish or their own reviews or opinions. If any newbie buy such high level account and if fails to maintain it then all is over. |
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Newbie is first rank of user upon joining this forum.
Upon joining any user who perform activities in forum are get counted by forum, and keep all statistics. These statistics are used to decide level of user. More active user get higher rank by contributing to forum. So firstly newbie have to understand things how they works.
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Right time is upto user as how much he expects from sig campaigning.
As rewards distributed to user on their activities as per their RANK. Higher rank gets higher rewards.
But to start user must have at least active for two months to get minimum member rank.
Usually Jr member are not allowed to join sig campaigning.
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Have anyone ever thing and make calculations of ROI against Time investment.
If you made it you will understand what is truth. Using faucet, posting forum post, gaming or even trading. How much you get from all these platforms.
To get good income it needs investment as well as knowledge. So if you have both these things then you can earn good amount as 0.5 BTC up to 2 BTC or even more per day.
But if you just trying all these thing then its total waste of time. And indirectly money.
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So r u a reseller of Hostagator cloud hosting services.
As Anyone can buy services from hostgator directly.
Hostgator is really great services I personally used their hosting services for my Linux hosting.
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