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Other / Beginners & Help / Re: How to sign a message?!
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on: December 14, 2016, 08:18:13 AM
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Thanks man this one really helps me, keep posting a thread like this to help the newbies like me thumbs up!
Really this thread has helped me very much as someone asked the signed message from my wallet address but as i was using online web wallet i was not able to get the details but through this thread i got all info about how to sign through lot of wallets web and desktop both
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Other / Off-topic / Re: Who controls the Bitcoins?
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on: December 14, 2016, 08:12:28 AM
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No one really controls bitcoin but there are some parties who hold a lot so they must have some influence in different places, for example the Chinese are mining it and many other btc whales can manipulate the altcoin markets pretty heavily by placing large buy or sell orders.
You are telling about altcoin or bitcoin, even if their are big miners or whales not that much manipulation can happen as they itself dont want to ruin the market of bitcoin by dumping the bitcoin in all in exchanges and affecting the bitcoin price. and as per i know bitcoin is a free to earn through software or hardware algorithm system. so anyone can mine and earn it
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Other / Beginners & Help / Re: REMOTE DESKTOP BIG PROBLEM PLEASE HELP
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on: December 14, 2016, 08:09:09 AM
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Watch out for programs like teamviewer or even remote desktop option. Its opening potential backdoor in your system.
It is a widely used program that even some business's use. I would not describe it as a backdoor.... as you know it's allowing you to connect to your machine. So treat account as such that is used to log in. Honestly check it out - https://www.teamviewer.com/en/download/current-version/Would I put it on a machine being used as a wallet? No.. you should treat them with extra security. But would I install it on a PC to connect to miners when away from home, or to connect to PC's that mine with GPUs sure. I'm not making it up you can see how popular it is just by searching. Here is some of it's security - http://www.teamviewer.com/en/security/ . Before jumping to thinking it is a backdoor look at Velkro's trust to see what kinda person your getting info on security from - https://bitcointalk.org/index.php?action=trust;u=303026Teamviewer is a very good and professional tool to work on it, it really helped me a lot as i am a computer engineer so many times i have solved minor problems of my customers through Teamviewer software as i was not able to attend them personally so through teamviewer i have solved their problem and more then 2 yrs i am using and never faced any problem
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Bitcoin / Bitcoin Discussion / Re: How did you first hear about bitcoin?
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on: December 14, 2016, 08:02:21 AM
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I got information of bitcoins through one of my social forum where i use to play gambling in that process of the users who became friend told me about how he is earning through online work of bitcoin and then i got interested and the rest is history as now i am deeply involved in bitcoin and now coming to this forum gave me more knowledge about how to earn bitcoin through various services
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Other / Off-topic / Re: If i give you 10 BTC what will you do?
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on: October 11, 2016, 11:20:35 AM
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Holding bitcoin would be good for long terms but its ideal thing to do if you make investments with it so that you would enjoy profits on short terms. 10 btc is enough already to make such investments as you said trading would be good but you would need knowledge to be profitable on trading.
Holding can probably give someone profits in long term but that profit wont be as much as much someone can earn by investments and as the guy said 10 bitcoins is not a small amount, if we use that in trading we can earn some good profits in short term instead of waiting that much. By holding 10 bitcoins for long term, they will always remain 10 bitcoins. So we should invest them or loan them to someone trustworthy so as to make the bitcoin stash growing.
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Other / Off-topic / Re: In 20 years, what would you like to do with your bitcoin?
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on: July 28, 2016, 02:53:37 PM
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I think that if the bitcoin in 20 years later bitcoin will be the a big a payment in the world and we can use it for buy anything.
Today also you can literally buy anything in the world using bitcoins. After 20 years I'll be probably using bitcoins for my day to day purchases.
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Economy / Economics / Re: Is Bitcoins safe?
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on: July 14, 2016, 01:09:52 PM
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Yes it is safe when it comes to anonymity of your assets because you can evade tax but the problem would be how you would convert all that big cash into Bitcoin if you really want to do it anonymously. Don't buy through exchanges, I'll suggest to meet some people and buy gradually even though it takes time but safe.
We always think that our investment will be more safer when known by the government but in reality the government are the number one thief that is why the world experience crisis due monopoly of dirty politicians. And when the government knows about our investment then we are forced to pay taxes on the returns or profits, which is same as stealing the money from us, as most of the governments are corrupted and only very less amount of money goes into the right place where it should have reached.
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Bitcoin / Bitcoin Discussion / Re: What prevents one large player from buying up most coins?
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on: June 24, 2016, 03:13:24 PM
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Say an interested party has 10 times Bitcoin's market cap to spend. He buys up the entire order book on the largest exchanges. Once he holds a significant percentage of all bitcoins, he waits for some kind of negative news, then dumps, causing panic sells, which he buys up at the bottom. He repeats this pattern until he owns as many bitcoins as HODLers allow.
How would this affect adoption and confidence in the market? Is there anything that would or could prevent this from happening, aside from the amount of fiat money required?
First there are limited money transfers. Without notice 15Keuro limit. So this would slowdown the process you are talking about, significantly. Second, exchanger would probably suspend huge account, under suspicion, big movement, big risk of fraud or account takeover etc. I don't think so that exchanger would probably suspend huge account, i mean to say that why he/she would do such a thing, the whale doesn't harm his exchange as the exchanger is getting the cut from the amount the whale is trading as the trading fee.
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Economy / Speculation / Re: $13,000 bitcoins by the end of 2016? $120,000 by 2018? (golden ratio fractals)
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on: June 16, 2016, 04:45:46 PM
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It was always going to do this. It was never going to cause a problem. If you look around most people expected the price to rise. The simplest from of supply and demand is.. if you halve the supply, then the price will automatically double. It doesn't happen overnight.. but it is beginning to get priced in now. I expect it will more than simple double. Also it depends when you take as your starting point. $220 was roughly a solid bottom. It has more than tripled since then. And is on it's way to quadrupling.
I expect the price to rise, but not so dramatic. 10% of the price suggested by the OP is more reasonable.
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Economy / Speculation / Re: $13,000 bitcoins by the end of 2016? $120,000 by 2018? (golden ratio fractals)
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on: May 18, 2016, 08:27:57 PM
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This is not happening in 2016 we are not even at $1000 so I am sure that $13,000 is not happening. And $120,000 in 2018 is also not happening it just is to unrealistic. We have to be real here and focus on the real things speculating about these numbers is not going to help us.
lolz, I recall January 2013, btc at $10, flash forward to april 2013, omgz flash up to $260 and settle around $120, so don't be too surprised when it touches near $10k this year, its more possible than you realize. That was special times. In April there was Cyprus financial crisis. So the price sky rocket. We do not have that problem now.
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