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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't hold Bitcoin for long time. on: October 19, 2018, 09:29:46 AM
Hold is Bitcoin for long time, there is no much profit. You know why ?

Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.

Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .

After some day if Bitcoin grow up, At the same time BCH also will grow up.
If bch rate grow 1.5 btc then you will have 1.5 BTC.

But before buy alt coin please select best coin to avoid dump.

So what you think. Hold alt coin or Bitcoin ?
Holding of your coin is the wisest thing one can do as before investing into any crypto currency one should know that the currency in which they are investing their money are highly volatile and therefore their valuation is subject to flactuation so if in the time of deflation if you are patience and holding your coin and waiting for the next pump then you are very wise and in the future, you are definitely going to make very good profit out of bitcoin.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Can any other crypto replace bitcoin? on: October 19, 2018, 09:13:27 AM
There are many cryptocurrencies out there, the fluctuation is wide and big. Thereís a need of a coin that uses a process to stabilize its value.

No doubt that there is no other cryptocurrency or altcoin that can supersede the bitcoin. At least not for the next 5-10 years. Of course there are many rising competitors like Ethereum, ripple and litecoin.

Do you agree???
Bitcoin is the very huge and the most potentiating crypto currency of the era and no other crypto currency is so volatile and sustainable than bitcoin as bitcoin has made its existence since more than a decade and still making its influence through out the world as bitcoin has made tremendous progress and made millions of people around the world to invest into bitcoin and this is the only reason that bitcoin is still on the top of all the crypto ranking.
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: In 10 years 20$ will turn 100k on: October 19, 2018, 08:55:30 AM
10 years time in crypto currencies . 20$ will become at least 100k?
Rn I'm holding tron, and eos 20$ and ontology 10$ airdrop. I don't plan on moving it around cus its nothing to me. I'll wait it out 10 years.
Holding of your coin is the biggest wisdom in any crypto currency as being patience is your wisdom and if you are holding your coin and are precise with buying and selling of your coin then nobody can  stop you from being bitcoin billionaire as you are the wisest if you know that bitcoin valuations are subject to flactuation and varies according to market demand and supply and then you are playing your move according to that only and there is nothing to worry that in that crypto currency, I am investing will collapse as these crypto currencies are very sustainable one.
4  Bitcoin / Bitcoin Discussion / Re: Downsides to crypto on: October 18, 2018, 08:37:19 PM
If and when cryptocurrency and/or bitcoin becomes the official currency of the world, do you think there will be a downside to it? If so, what do you think the negative effect will be once cryptocurrency becomes a worldwide currency?
Bitcoin is highly volatile crypto currency and thus valuation tends to flactuate and varies according to market demand and supply and we all know that bitcoin has made tremendous progress in this passed decade and has always increase its valuation each year and that is why from having millions of haters, now there are millions of people around the world who are investing into bitcoin but in this year the valuation of bitcoin has deflated to a very low extent but there is nothing to worry about as there are assumptions that the valuation will inflate in coming months of this year.
5  Bitcoin / Bitcoin Discussion / Re: Simple Tips Keeping Your Bitcoin from Hackers. on: October 18, 2018, 08:20:37 PM
- We must have our own way to keep our Bitcoin safe. The account we use must have a unique password, and not easily guessed.

- Do not equate account passwords associated with Bitcoin with other accounts such as social media, because it is vulnerable to hack, let alone the followers of its social media a lot.

- Use two-factor or 2FD authentication. Additional security layers are easy to apply. Quite a few apps like Google Authenticator as a 2FD installation provider. In essence, it works as a second security layer after the password. When you've entered a keyword into your account, the system will request a two-factor authentication code. The six-digit code does not need to be memorized because it changes every 30 seconds.

- And one more, do not trust everyone. Suppose we provide information about our Bitcoin account to our Mother, it is not impossible that our mother could just tell it to someone else. With the spread of such information will increase the potential for breaking.
Though bitcoin promises to provide the safest transactions among all the crypto currencies or even among all the investment as its transactions does not involve any third party seizure so the transaction between two is confidential and no third person has the right to see the transaction between two and then secondly itís transaction provides user anonymity so it is the safest among all but still hackers are very smart so for keeping your bitcoins safe, never share your keys and passwords to anyone.
6  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto holds 980,000 Bitcoins.. does anyone know their addresses? on: October 18, 2018, 07:25:39 PM
Satoshi Nakamoto holds 980,000 Bitcoins.. does anyone know their addresses so we know if he/she/they are active in the market? I would guess Bitcoin is their baby and they wouldn't do anything to manipulate the prices and hurt Bitcoin. But would they be taking corrective measures to fight off some of the other whales?

Its kinda weird question but interesting to me if Satoshi Nakamoto is still "alive" and watching.
Bitcoin is considered as the biggest invention of the human kind and SATOSHI NAKAMOTO, is considered behind that invention as he is the owner and the sole inventor of bitcoin and no doubt he would hold most number of bitcoin, most probably he could but still no one knows him personally as no one has saw him yet and met him yet but still he use to talk to its investors through social networking sites and surely once in my life I would like to meet him.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: BITCOIN vs ETH ? Your thoughts? on: October 17, 2018, 06:45:47 AM
BITCOIN vs ETH ? your thoughts ?
No doubt that bitcoin is better than etherum in all the possible aspects as bitcoin has all that characteristic that makes it superior and better than all other crypto currencies available in the market, as bitcoin is the most sustainable crypto currency as there is no other crypto currency who has made its existence since more than a decade and then no crypto currency except bitcoin has millions of people around the world who are investing into bitcoin and bitcoin is topping the list of crypto ranking so there is no comparison of bitcoin will other crypto currencies.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Did you ever consider this; The end of Crypto on: October 17, 2018, 06:23:22 AM
Most members keep on asking each day that the crypto activities we all know of and have been hyping will collapse. Some expert investors who don't like Bitcoin, Crypto and blockchain tevhnology always say the bubble will burst and everything will come to zero. So I want to ask, does that mean are we going to see the following:

* A market capitalization of about $252,730,956,280 (CMC now) going to go a waste?

* Big companies such as Binance, Kucoin, Huobi, Bithumb and the rest going away?

* USA and other countries boycottimg their regulations and China forgetting about their intention to set up new regulations on crypto?

* Awesome blockchain technology that many governments are interested in going a waste?

* Huge investments in crypto turning to zero

* And even Satoshi Nakamoto not doing anythimg to ensure what he pioneered sustains and endures?

and so much more to come.....

Guys I think we are pioneering something that is going to be great in the future. Let's think positive. The market is down, but crypto hasn't collapsed. We shall surely bounce back!!
The thing in which I believe is that these crypto currencies are very sustainable in nature and this is the reason that these currencies are able to make their existence since more than a decade, as when they were introduced they are considered as a bubble that would burst soon but then with time they proved their potential and now they are considered as a future of investment and currency and it is now considered that these currencies will bring revolutionary change in the economic market in coming future so I donít think that they will die.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum will overtake Bitcoin on: October 17, 2018, 06:05:19 AM
In the following year ETH will overwtake BTC as the number 1 cryptocurrency. I would dump your bitcoin while despite everything you can.  Undecided
Bitcoin has lots of competitors in the market as it is not only crypto currency available in the market there are many other crypto currencies that are being available as a good option for the investors but still bitcoin is the only crypto currency having millions of investors to invest in and there is no other currency having so much of investors and then it is the most sustainable and the most volatile crypto currency and thus is the reason why bitcoin tops the list of crypto ranking.
10  Bitcoin / Bitcoin Discussion / Re: Beware!! Bitcoin can be the future but a lot of work is to be done on: October 16, 2018, 06:53:02 PM
Bitcoin is a p2p system of transaction. Bitcoin has shown alot of signs so far that it is here to stay and even over Shadow the normal system of transaction.

Bitcoin which was created in 2009 by sir satoshi Nakamoto it growth level is quite OK and the value is still volatile and prone to changes of the market
 
Bitcoin has some advantages over other transactions process like it does not have and fee or charges attached to it and it is decentralized meaning it is not regulated.
Well as a cryptocurrency enthusiast my wish obviously is to see a rapid growth of bitcoin and cryptocurrency at large but truth be told there is a lot of work needed

Well limitations like lack of transaction protection on like make payment that is under a body regulations which you have protection for it. Making transactions with bitcoin does not guarantee you any security so it totally at your own risk

Also with bitcoin transaction can not be reversed like it is with other system of transaction

If you lose your bank account number or pass word you can go to the bank and fill certain forms and probably get it back but not with bitcoin wallet one you lose your wallet and it's detail it is gone forever all your earning blown away

Also lesser transaction opportunities. Although the cryptocurrency world is growing using it to make transactions might not be generally accepted as of now.  Not every one accepts it


PS. Cryptocurrency is no joking ground and it is still developing when you are in it either you gain or you lose. It is very important to know how to navigate it personal security should be of optimal level. Go through educational books and videos. Protect you personal details like your private keys and so on.

We all want cryptocurrency to grow but work needs to be done
No wonder that bitcoin has made tremendous progress in the world of crypto, as a decade ago, no one knew the bitcoin and instead they were calling it a scam or a bubble that would burst soon but those very few who believed on it are now the bitcoin billionaires so no wonder that bitcoin is going to be the future of currency but for now it is only a mode of investment as it is not yet centralised and for being use as a central currency world wide it needs to get centralised first.
11  Bitcoin / Bitcoin Discussion / Re: India to make possession of "unapproved" Cryptocurrency a punishable offence on: October 16, 2018, 06:35:50 PM
Here's the link from which I gleaned this particular nugget:

https://qz.com/india/1418897/after-strangling-bitcoin-india-may-launch-its-own-cryptocurrency/amp/

The particularly relevant part runs as follows:

ďThe panel is also discussing amendment of the Currency Act to make possession of any cryptocurrency, not approved by the government, a punishable offence,Ē said the government official.

Happy days ahead for Bitcoin if it ends up on the "approved" list, as I guess it well might. Reason: too many Bitcoin hodlers in the political class and the bureaucracy!



I still remember the date,03/04/2018, it is the day when the reserve bank of India has issued a notice that from now the use of crypto currency is illegal in India and those who are using it has 3 months duration, in which they can withdraw their money that they had invested into crypto and after that they will be responsible for the losses and then exactly after 3 months in the month of July they has banned crypto currency but there are assumptions that there could be some amendments in this notice.
12  Bitcoin / Bitcoin Discussion / Re: My experience in the cryptocoins on: October 16, 2018, 06:20:36 PM

I've had technical knowledge of the internet for many years and I've heard of Bitcoin in the early days, but for some time I did not have that curiosity that was characteristic of an early adopter nerd. This was a high cost of opportunity as Bitcoin's growth is impressive, especially in 2017.

There is one side of me that sees skeptically and another that can see the disruptive proposal of the coin. For about 3 months I was watching the dynamics and signing some videos on Youtube. I signed the Fernando Ulrich channel and read some texts to understand how it worked: Buy / sell through an Exchance, Possibility to move to a wallet to "save" in safety and all other possibilities (trade, etc).

About 2 months ago I decided to try it and so far things are going well. At the end of September I was able to buy for USD 3,800 and then started to move towards USD 7,000, reaching USD 7,800 and then dropping to USD 7,200. I saw this fall as an opportunity to buy and I got more $ 10,000.00 for this price since my goal was to have at least 1 BTC. And to show that nothing in this market is predictable, the day after my purchase at USD 7200 it drops to USD 5800. It needs to have a stomach! But I looked again as an opportunity and went to buy more to reach my goal of having 1BTC. As it was a weekend, I had to wait for Monday to do a TED for Exchange (you do not need to talk about why Bitcoin is causing it in the global financial market as it is 24hrs). I got on the second to take to the Exchange and unfortunately that low was already at USD 6,400 and three days later had already risen again to $ 7,200.

I'm enjoying this joke and it's that maxim ... Only invest in BTC what you're willing to lose. I do not invest in BTC by expectation but by the promising and disruptive future! Everything is an ideological issue and I am comfortable with this movement.
My experience with crypto currencies is outstanding as I still remember that when I was a newbie I was so excited and on the same hand nervous too that is my decision for be in crypto currency is right or will I be suffer from huge loss but in the very beginning I have been told few things by my college who is already in bitcoin that I have to be little bit patience and wise while investing into crypto currency as they are the most volatile one and therefore there valuation keeps on flactuation, so in the time of deflation I have to be patient and have to hold my currency to make maximum profit in the time of inflation.
13  Bitcoin / Bitcoin Discussion / Re: More Regulations For Cryptocurrency? on: October 15, 2018, 08:45:13 AM
Hello, would love to get your opinion on this topic. Do you think there would be more regulations regarding cryptocurrency by the Government? Both now and the future? Letís say bitcoin price rises to $100,000 per bitcoin, Do you think the government would actually let it be and function on its own without constant regulations? Well, personally I think we would see more regulations from the government down the line to a 1 Trillion Dollars total market cap and above. But Iím positive such regulations wonít hamper on the further growth and advancement of cryptocurrency. So tell me, what do you think?
We all know that bitcoin is a decentralised crypto currency and thus there is no such proper authentic regulating body over the bitcoin who could keep eye over all the bitcoin activities and not only those countries can control the bitcoin activities who has legalised bitcoin transaction in their nation, though those countries will impose some additional taxes on its every transaction but somewhere it is somewhere good enough as this would control its illegal activities like in selling drugs, explosives, money laundering and many more.
14  Bitcoin / Bitcoin Discussion / Re: Bitcoin will find a way on: October 15, 2018, 08:28:27 AM
A blood bath we are a taken...or are we?

I would like to add my 2 satoshi's to the madhouse of speculations, sky is falling, doom and gloom we are seeing, feeling and sick over.

First, if you had no plans of cashing out today, you have nothing to worry about. If you took your rent money to buy btc, you might want to look for a second job and/or a tent. But have no fears, bitcoin will be back.

Second, if you're in this for a fast buck with no hard work, good luck on that one.

Third, always and I mean always talk in satoshi value.

Fourth, there was a generation that only dreamed of making 7% off their retirement stash after paying 40 years into that fund. Today, this generation expects it within weeks...sad

Fifth, bitcoin will find a way, it always does. The blockchain is a living , breathing idea that no person, government or space alien can stop. When the blockchain space gets filled up with scammers and selfish people, the blockchain shakes those people out. This is what's happening now.

In closing, remember what your why was when you entered this space. Maybe this is a perfect time to x out the market and dig into the core "why" bitcoin came to be.

Bitcoin will find a way.
Bitcoin is that kind of crypto currency that is one of the sustainable investment of the present times and not only for saying but bitcoin has even proved its sustainability by making its existence since more than a decade and the journey of success of bitcoin is too long as from having millions of haters to millions of investors bitcoin has gone through a lot and through many ups and downs and has made tremendous progress in this passed decade and the only thing that is remaining now is its world wide centralisation and no doubt that bitcoin will finds its way.
15  Bitcoin / Bitcoin Discussion / Re: Who are the richest Bitcoin users and how much do they own? on: October 15, 2018, 08:09:07 AM
I know Satoshi is claimed to possess 1.1 million BTC (which would be an insane amount)

But who are the other really large holders and how much do they own? Roger Ver? Gavin Andresen?
I remember someone claiming that Ver owns about 300.000 BTC, is there any place where this is confirmed?

I have checked http://www.bitcoinrichlist.com but they only show adresses and we cant know with certainty which of those are connected.


Are there any confirmed large holders, who openly talk about the amount they possess?
As such there is no facts and figures that who owns the maximum number of bitcoin or who is the richest bitcoin this time or if would be that I also donít know but the thing that that these richest bitcoin owners are the real whales of the crypto market and the flactuation in the valuation of bitcoin is mainly determined by them only as they use to invest a huge amount of capital into bitcoin resulting in inflation in valuation and vice versa.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Strategy on This market on: October 14, 2018, 02:01:57 PM
Like most of the longtime holder, I also have lost a huge amount of my portfolio. Now I am thinking of day trading so that I can recover my loss. hat is the strategy you are following nowadays. Holding or Day trading? How can I be successful in day trading? ANy tips?
The only strategy for the bitcoin investment is that you need to be very patience and wise and should be very accurate that when to buy and then hold and then when to sell your coin, as I told earlier also that patience is the only key to success as one needs to keep in mind that bitcoin is a volatile crypto currency and thus its valuation keeps on flactuation and varies according to market demand and supply, of the valuation was sky high in the last December month and then started deflating in the beginning of this year so it doesnít mean that bitcoin would collapse and one should sell his coin in panic, as have patience and hold your coin till the next pump.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Patience is the key on: October 14, 2018, 01:34:12 PM
Yes patience is the key but not just patience hard work, consistency and focus is what one needs to get through this also one has to be well informed that keeps you equipped thanks
When I was a newbie and then I myself also realised that bitcoin is highly volatile crypto currency and then a part of investment also so the valuation of bitcoin is subject to flactuation and varies according to market demand and supply, as higher the number of investors and higher the amount they are investing into bitcoin, higher will be demand and higher will be the valuation and vice versa but when the valuation is low, one need to be very wise and patience and should not sell his coin panic.
18  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: which part of bounty could be more profitable on: October 14, 2018, 01:18:57 PM
Which part of bounty could be more profitable ?
Some people say that signature is the one . and some people prefer content creation or translation .
What do you think ?
We all are aware with this that bitcoin is full of opportunities and this is the reason why millions of people now around the world are investing in bitcoin, bitcoin has a led millions of people in finding good paid jobs and earning very good livelihood, but the bounty campaign are the best way by which one can earn profit without spending a penny and I find signature campaigns to be more useful than content writing as you get a good pay in signature bounty campaign.
19  Bitcoin / Bitcoin Discussion / Re: INDIA KEEPS BAN IN PLACE,ANY THOUGHTS? on: October 13, 2018, 11:25:21 AM
The Reserve Bank of India has got a court backing for its earlier restrictions on providing bank services for those who deal on bitcoin and cryptos,This is a direct disregard to warnings recently issued by experts(to Europeans banks) that banning cryptos will have undesirable consequences.Do you think it will reconsider its stance?
We all know that bitcoin is a decentralised crypto currency and thus there is no such proper authentic regulating body over the bitcoin who could keep eye over all the bitcoin activities and specifically the illegal one and after seeing this thing reserve bank of India has put ban on crypto currency as they issued a notice stated that all the crypto users have to withdraw their money from crypto currencies within 3 months and then after that they will be responsible for the loses and then in month of July they has banned every crypto currencies but there are assumptions that there could be some amendments in this notice.
20  Bitcoin / Bitcoin Discussion / Re: Samsung: Smartphones are the Most Secure Device When Using Cryptocurrency on: October 13, 2018, 10:42:01 AM
According to Samsung, the $290 billion behemoth which dominates every major industry in South Korea, smartphones are the safest device to use when transacting using cryptocurrency

Smartphones Over Laptops

Smartphone wallets such as Blockchain and Jaxx are the go-to applications the majority of cryptocurrency users utilize to send and receive payments with digital assets.

Joel Snyder, a senior IT consultant, a contributor to Samsung Insights, explained in a recent paper that smartphones are significantly more secure than laptops and other devices, because of the presence of the Trusted Execution Environment(TEE)

Most smartphones have a native environment called the TEE, which operates as a separate execution environment with its own memory and storage, isolated from the device. Hence, not even the operating system (OS) like Android can reach into the TEE and potentially initiate alterations in its memory.

In an event of a hacking attack or a security breach, attackers cannot possibly break into the TEE and attempt to steal data such as the private keys of cryptocurrency wallets because the TEE exists completely independent of the device.

On laptops or computers that rely on conventional persistent storage units such as a hard disk or an SSD, a hacker can easily break into the storage and steal valuable financial information, including data pertaining to cryptocurrency wallets, that could lead to the loss of funds and holdings stored in digital assets.

Snyder explained:

ďThis is why smartphones have an edge over laptops and desktops for cryptocurrency wallets: without the benefits of the hardware-based TEE, the keys are more vulnerable. There is a significant caveat: a naÔve wallet developer might choose to simply store the keys on the normal internal storage of the phone, in which case thereís little additional protection from using the smartphone platform. Or the wallet itself might be malware, in which case all bets are off. But with the right wallet leveraging the benefits of smartphone TEE, thereís no place safer to store your money.Ē
There is no doubt that Samsung smartphones are known for their security as it is very difficult to hack and track any details on Samsung smartphones and then every bitcoiner must know that bitcoin promises the most safest and the most confidential transactions as the bitcoin transactions does not involve any third party seizure and no third person has the right to see the transaction between the two so the bitcoin transactions provides user anonymity so if Samsung smartphones use the bitcoin technology, then no doubt Samsung smartphones would be the most safest one.
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