With ETH I never had to wait more than 2-3 minutes to complete a transaction. Heard a Lot of good words about the speed and recently tried LTC. Took 19 mins to complete my first transaction  Tron and NEO founders promise lightning speed, never tried yet. Some guy from this forum just claimed DigiByte transfers to complete in seconds. I am puzzled. I really need a faster coin that charges Lowest tx fees to HODL as well as to use regularly. Share your favorite coins that you personally experienced/used. How Long does it take to complete a transaction and how much is the fee.  I think bitcoin is fastest them all crypto currencies , I myself experienced that its transactions only take 2-3 min in exchanging bitcoins and moreover transactions fee is also not that much high and moreover bitcoin is the only crypto currency that has millions of investors and has also reduced poverty to very great extent but now the transactions of bitcoins is not completed ease and moreover the fees is also very high but still bitcoin is best among all crypto currencies. |
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While the knives have been out for Bitcoin ever since its dizzying ascent starting over an year ago, there is now an increasingly shrill tone. It's as if the haters, mostly from the financial establishment, are now plumbing the bottom of the barrel and coming up with increasingly depraved stuff, having abandoned reason and fair consideration long back. Sample this news item for instance: Title: Bitcoin Nearly as Bad as ‘Trading Harvested Baby Brains’, Says Berkshire VC Munger Posted at: BITCOIN OPINION MAY 07, 2018 16:26 https://www.ccn.com/bitcoin-nearly-as-bad-as-trading-harvested-baby-brains-berkshire-vc-munger/tl,dr: “The computer science behind bitcoin is a great triumph of the human mind,” Munger told Yahoo Finance. “They created a product that’s hard to create more of but not impossible. [But] I see an artificial speculative medium,” he said. It’s “anti-social, stupid and immoral.” “Suppose you could make a lot of money trading freshly harvested baby brains. Would you do it?” he asked. “To me bitcoin is almost as bad.” “I regard the whole thing as a combination of dementia and immorality. I think the people pushing it are a disgrace,” he concluded. “There ought to be some things that are beneath you, that you just don’t do, and this is one.” I think the only reason why people are hating bitcoin is its decentralised that people and governments are now hesitating to be the part of bitcoin because bitcoin is now being used for several illegal activities like selling drugs, explosives and for money laundering and moreover there is no third party seizure in the bitcoin transactions and thus people are hating bitcoin and this could only be possible when bitcoin will be centralised and will be declared as central currency world wide. |
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I thought I'd write about the last four years, an eventful time for Bitcoin and me.
For those who don't know me, I'm Hal Finney. I got my start in crypto working on an early version of PGP, working closely with Phil Zimmermann. When Phil decided to start PGP Corporation, I was one of the first hires. I would work on PGP until my retirement. At the same time, I got involved with the Cypherpunks. I ran the first cryptographically based anonymous remailer, among other activities.
Fast forward to late 2008 and the announcement of Bitcoin. I've noticed that cryptographic graybeards (I was in my mid 50's) tend to get cynical. I was more idealistic; I have always loved crypto, the mystery and the paradox of it.
When Satoshi announced Bitcoin on the cryptography mailing list, he got a skeptical reception at best. Cryptographers have seen too many grand schemes by clueless noobs. They tend to have a knee jerk reaction.
I was more positive. I had long been interested in cryptographic payment schemes. Plus I was lucky enough to meet and extensively correspond with both Wei Dai and Nick Szabo, generally acknowledged to have created ideas that would be realized with Bitcoin. I had made an attempt to create my own proof of work based currency, called RPOW. So I found Bitcoin facinating.
When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.
Today, Satoshi's true identity has become a mystery. But at the time, I thought I was dealing with a young man of Japanese ancestry who was very smart and sincere. I've had the good fortune to know many brilliant people over the course of my life, so I recognize the signs.
After a few days, bitcoin was running pretty stably, so I left it running. Those were the days when difficulty was 1, and you could find blocks with a CPU, not even a GPU. I mined several blocks over the next days. But I turned it off because it made my computer run hot, and the fan noise bothered me. In retrospect, I wish I had kept it up longer, but on the other hand I was extraordinarily lucky to be there at the beginning. It's one of those glass half full half empty things.
The next I heard of Bitcoin was late 2010, when I was surprised to find that it was not only still going, bitcoins actually had monetary value. I dusted off my old wallet, and was relieved to discover that my bitcoins were still there. As the price climbed up to real money, I transferred the coins into an offline wallet, where hopefully they'll be worth something to my heirs.
Speaking of heirs, I got a surprise in 2009, when I was suddenly diagnosed with a fatal disease. I was in the best shape of my life at the start of that year, I'd lost a lot of weight and taken up distance running. I'd run several half marathons, and I was starting to train for a full marathon. I worked my way up to 20+ mile runs, and I thought I was all set. That's when everything went wrong.
My body began to fail. I slurred my speech, lost strength in my hands, and my legs were slow to recover. In August, 2009, I was given the diagnosis of ALS, also called Lou Gehrig's disease, after the famous baseball player who got it.
ALS is a disease that kills moter neurons, which carry signals from the brain to the muscles. It causes first weakness, then gradually increasing paralysis. It is usually fatal in 2 to 5 years. My symptoms were mild at first and I continued to work, but fatigue and voice problems forced me to retire in early 2011. Since then the disease has continued its inexorable progression.
Today, I am essentially paralyzed. I am fed through a tube, and my breathing is assisted through another tube. I operate the computer using a commercial eyetracker system. It also has a speech synthesizer, so this is my voice now. I spend all day in my power wheelchair. I worked up an interface using an arduino so that I can adjust my wheelchair's position using my eyes.
It has been an adjustment, but my life is not too bad. I can still read, listen to music, and watch TV and movies. I recently discovered that I can even write code. It's very slow, probably 50 times slower than I was before. But I still love programming and it gives me goals. Currently I'm working on something Mike Hearn suggested, using the security features of modern processors, designed to support "Trusted Computing", to harden Bitcoin wallets. It's almost ready to release. I just have to do the documentation.
And of course the price gyrations of bitcoins are entertaining to me. I have skin in the game. But I came by my bitcoins through luck, with little credit to me. I lived through the crash of 2011. So I've seen it before. Easy come, easy go.
That's my story. I'm pretty lucky overall. Even with the ALS, my life is very satisfying. But my life expectancy is limited. Those discussions about inheriting your bitcoins are of more than academic interest. My bitcoins are stored in our safe deposit box, and my son and daughter are tech savvy. I think they're safe enough. I'm comfortable with my legacy.
[edited slightly]
Now I feel very much comfortable with bitcoin and me and bitcoins, now I feels HD a very deep connection, I have earned sufficient with the bitcoin and only bitcoin has enabled me to be self dependent and now I can bear my almost all expenses by my own only. Though the flactuating valution has horrid me a lot and I always have fear of losing my money but bitcoin never let me to lose my faith over bitcoin and I always continue enjoying bitcoin. |
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I know that not all the people out there had gain in bitcoin investment and some of them are losing their money and made a wrong decision which is to sell their bitcoin in low price. So their money was being compromised and that is unfortunate event for them to happen. However, i know that there are also smart people out there who are patiently waiting and now gaining in their loss since they had already the confidence on facing the challenges on. As we all know that all investment has its own risk and bitcoin is no exception for that. Somehow these smart people had already recovering their loss. I just want to figure how they manage to recover it from the fall down.
You are very correct brother that investing your money in any investment has its own risk and bitcoin a kind of investment is no exception for that. Bitcoin is a kind of investment which has that potential that it can provide you a very good profit in a very short span of time and if its giving a profit then there is also a risk of your lose there are millions of people who has invested into bitcoin and now holding because of low valuation so the only way to recover is be careful next time and sell your bitcoin only when you feels your profit. |
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BTC price is too high now and people store it for more profit. Do you think big companies could choose another one for payment unit instead of BTC? or they go with the flow and use BTC all life long? what is your thoughts about this
There is no doubt in this that the valuation of bitcoin is high and the most interesting thing is that it is still inflating and that is the why all big companies do not want to spent it and wants to store it that is wants to hold it till it reaches to its maximum so that they can get the maximum profit and moreover according to many economists the valuation will inflate more and could even reach to $20000 in the last of the year and this is the reason why all big companies wants to store BTC instead of payment. |
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I had previously doubted that Bitcoin would be replaced by another currency. But my mind has changed. Because I see there are many other cryptocurrencies that the developers are trying hard to solve the problems in cryptocurrencies. What about bitcoin? We don't know who are the developers and no effort is being made to develop it.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
I don’t have any doubt that bitcoin will ever be replaced by any other kind of crypto currency because no other crypto currency have that potential to be very great like bitcoin and you can even look at the statistics the bitcoin tops the list of all the crypto currency in all the aspects, in valuation, in market , users trust and providing very confidential transactions and moreover bitcoin is the only crypto currency that is legalised in many countries and bitcoin is the only crypto currency that has millions of investors. |
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More and more positive news concerning legalizing Crypto come from various part of the world. This one is from Central Asia: Uzbekistan Legalizes CryptocurrencyIt is the second Post-Soviet country that made such a step, the first one was Belarus. Both the soviet countries that is Belarus and Uzbekistan are quite developed countries and this is very good news that both the countries has adapted bitcoin and centralise it as a central currency and moreover now people can use bitcoin as a day to day payment methods and like these two soviet countries many other countries has also legalised bitcoin in their nation like South Korea japan and many more . With the every passing day people are now understanding the potential of bitcoin and days are not away when bitcoin will become the central currency world wide. |
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Few hours before the price of bitcoin was at $7000 but suddenly there is a huge price bump over $1000 and it causes the bitcoin price to go up 17%.And it happened in other cryotocurrency prices as well it is an whales action or what? But it is good to see the price now.  The current valuation of bitcoin is about $10000 and according to many wise economists the valuation will inflate further more and according to the growth statistics of bitcoin , the valuation has increased up to 20% in the last past week and the reason behind the sudden bump in the valuation is that now people are getting the real fate of bitcoin that the potential of bitcoin to be very great and has provided employment and reduced poverty to a very great extent and another reason being is the big whales I guess. |
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Why did "bitplastic" (world's only Bitcoin debit card) closed down when Bitcoin started rising from $400 ??
Bitplastic debit card would allow users to withdraw money from any ATM worldwide. Users has Bitcoin in their account.
The invention of bitcoin is very innovative one as it has enabled and helped millions of people to earn their livelihood and also has reduced poverty to a very great extent and this is even very good news that now bitcoin debit card has been introduced this simply suggest that the growth curve of bitcoin is rising one, and I guess it’s all because of the millions of investors and obviously because of big whales too who has helped a lot in the development and growth of bitcoin. |
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Hello everyone,
Last couple of month bitcoin price is getting lower dramatically. Worldwide crypto analyst giving speech on this regarding issue. Obviously its a fatal matter for bitcoin holders but i will suggest them to keep patience on bitcoins current circumstances. This year many of the countries start the regulation process for bitcoin and other cryptocurrencies. Russian govt already take decision to transfer their crypto exchanges to Switzerland until regulation process ends in their country. From my thinking i think bitcoin will gain his past track when the regulation process will end one by one in those countries. Worlds financial analysts already said that virtual currencies is going to be the change of paper note. its true that still world financial transaction continuing based on local currency but that day is not too far when Every single financial transaction in the world will be completed using bitcoin or other crypto currencies. Till then lets promote the fame of bitcoin worldwide.
Dear guys i just share my little knowledge on this regarding issue. your advises highly accepted here . Thanks
In the last couple of months that is from the beginning of the new year 2k18 , the situation of bitcoin is not that much good , the valuation was quite low and even investors were hestitating in investing into bitcoin having fear of their loses but now the current picture is quite good that is in the last week there is inflation of 20% in the bitcoin valuation and now the valuation is still inflating and many economists even believe that in the last of the year it will reach to even 20000$ |
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Bears are saying Bitcoin is headed to $1000.00 and then the Bitcoin craze will die and we will all be moving on to the next thing. The Bulls say Bitcoin isnt even close to its fullest potential and could be $30,000.00 per coin by years end. With less than 1% of the population dabbling in Bitcoin, does the value seem too high, too low, or just right to you? Google is about $1000.00 per share with about 30% of the population using it. What if 30% of the population starts using Bitcoin? How likely is that, and what will that do to the value of Bitcoin? Which side of the coin are you on? https://www.forbes.com/sites/panosmourdoukoutas/2018/04/08/wheres-bitcoin-price-heading-next-1k-or-30k/#32ce51232029Lets have a discussion. I am investing a lot on bitcoin and earning a very good profit then obviously I will be on $30000 because the higher the valuation , higher will be my profit ratio it is as simple as that . The valuation of bitcoin is entirely the function of market . Higher the number of investors higher will be the valuation and moreover the valuation also depends on the big whales who invested a lot a huge money into the bitcoin, the higher the amount of money big whales invest into bitcoin the higher is the valuation so I am favour of the growth of bitcoin. |
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Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?
Obviously the valuation of bitcoin will get effected if someone is spreading wrong perceptions about bitcoin because if you know something bad about anything then u will definitely hesitate in interacting with them them it is the investment where your money is engaged because people are much more conscious about their money and if anyone is spreading that if you are investing then your money will be drown then obviously you will hesitate in investing your money so yes fud could not destroy bitcoin but it can effect the valuation of bitcoin. |
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A lot of talk about bubbles right now, and to be fair I'm not surprised, look at the rocketing growth right? But think about it, with the strength, vitality and possibilities of this idea, bitcoin should be worth at least $1000 a coin. Frankly it's probably worth at least $10,000... this is why I think so:
The legs on the bitcoin can carry it all the way to be a major force in the economy within ten years, and as there's only 21 million of them a global market worth billions of 2011 dollars in bitcoin will need a single bitcoin to be worth thousands of 2011 dollars. Ideas this groundbreaking are not free, they are expensive. If bitcoin makes this much sense, you should need a mortgage or a loan or something just to buy one. We're ahead because the world hasn't noticed yet, but it's waking up and we can see the effect in the up-changing value of btc.
I'm not trying to talk the market up, honest, this is what I actually think. I won't try to talk the market down either in the hope of buying more because I am a loudmouth and won't keep my goddamn opinions to myself. And I don't think bitcoin is bubble-proof... I think it is very doubtful however that a major bitcoin bubble could form before 2013. Everyone knows that on that date bitcoin will become twice as expensive to supply regarding capital costs. When the bubbles do start to arrive (from sectors that have adopted bitcoin booming and busting for their own reasons) I doubt the bottom-outs would be less than a couple of grand.
It's like the housing bubble, it didn't happen because people suddenly lost faith in houses, it happened because the credit used to buy housing collapsed like the house of cards it all was. It was actually a debt bubble. Happily people aren't taking out loans to buy bitcoins and never will need to. If $100 dollars is all I have to spend and buys me 0.001 bitcoins, then that's how many I would buy, I am still saving my money and gaining additional buying power relatively quickly and that's the main thing.
The launch of that new and exciting but poorly named stock exchange (GLOBSEX?) is to me a further signal that we shouldn't think current bitcoin prices are realistic. Anyway these are just my thoughts, so tell me if I'm wrong.
I think bitcoin is still 10000$ and this valuation of bitcoin is of inflated one which is rises in the last week by 20% and this inflation in the valuation has encouraged millions of people to again invest into bitcoin and I too know that bitcoin has that potential also that its valuation could also inflate to much higher values but in present people consider bitcoin a bubble that is not trust worthy and could burst any time and moreover governments and media are also demotivating people from investing into bitcoin and thus the valuation remains low. |
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“We’re not going to tarnish our reputation” Dow Jones CEOThe popular S&P Dow Jones Indices has come forward and made it clear that they are not going to introduce cryptocurrency indexes, for now. S&P has been receiving a lot of requests from their customers to build a platform that allows them to track the cryptocurrencies, but the index provider has no plans to offer any such solution for the time being at least. Continue reading: https://coingape.com/institutional-investors-entering-into-crypto-industry/ Initial coin offerings (ICOs) are exploding in popularity, but both offerers and investors need to understand the regulatory landscape to avoid getting burned.. what do you think about this ??
I think regulatory landscape must be the basic root for the bitcoin because it is the only thing that made people trust on bitcoin. Centralisation of bitcoin is the thing that can legalise bitcoin in every country and could bright the future of bitcoin. Bitcoin is that ki Nd of virtual currency that can gives profit to any investing institutions and moreover centralisation of bitcoin is necessary for sustainability of bitcoin so yes offers and investors need to understand the regulatory landscape to avoid getting burned. |
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 In very immense change of the world of technology, we are now experiencing and utilizing the fruitful benefits of cryptocurrency like bitcoin in the market. Because of it, the world will become a cashless society using an Android and IOS app. It is not just an approximate investment, it is as well as helpful to others to earn money to survive in their everyday lives. Many believe and consider there be much more promising in day by day currency use. We can spend the cryptocurrency anywhere using the apps, through this payment solution, online purchases and business matters can be made. It is very helpful and very appealing to freelancers, miners, entrepreneurs, traders and developers. As cryptocurrency continues to mature, nurture and grow the spreading out of the audience using smart phones is not possible. People are looking forward for the affirmative and a lot more benefits of crypto currency not just at the moment but also in the near future. I guess yes all the crypto currencies has unstoppable advantages to the society because crypto currencies are an asset a resource now people consider as a investment for their budding generations and I guess it is much re than anything if person is so dependent on some thing that he wants to invest in it as a mode of savings for his future generations then there must be something in that thing and moreover bitcoin has reduced poverty and has helped millions of people to earn their livelihood. |
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I guess people has misinterpreted the statement of reserve bank of India 🇮🇳 and that is RBI has clearly ordered all the people to Withdraw their money with immediate effect which are have invested into bitcoin and they have given 3 months time for that but it doesn’t mean that bitcoin is banned in India. Bitcoin is n private investment an decentralised crypto currency and no country have right to ban it they can only ban bitcoin from using all Indian sites and that what they did , in India you can still own bitcoin. |
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I believe that. What do you think guys. Should I buy more BTC now and catch the the wave of price up?
I don’t have any news regarding this but if this is going to happen in the 2k18 then for me it’s like a dream come true and I guess this is same for all the bitcoiner because every one has waited a lot for the pump in the valuation and if such a huge pump is about to happen then this will definitely encourage other investors too for again having faith and to again invest into bitcoin because every one has just suffered a lot since last past AST 3 months. |
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Hello guys, I have some thousand dollars to invest into crpyto. Which coin will bring me the most amount of profit by this October (2018)? I've seen Bitcoin cash jumping up three times its price. Litecoin tripled its price from $55 to $165. Any advice? I want to make ten times profit by October.  Is Litecoin the next bitcoin? Some people say it will become $1700 by the end of this year. If that's true, I want to buy Litecoins... I guess bitcoin will be the right coin to invest in , right now because in the present situation the valuation is also not that much high so you can simply buy sufficient bitcoins and moreover the valuation is now started to inflated since last past week by about 20% so you can even get very good profit in very short span of time and moreover bitcoin is topping the list in the valuation of all crypto currencies so I guess for now bitcoin is the best crypto currency to invest in and which can good you a very good profit. |
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Bitcoin Pizza Day is Tuesday May 22! Was it a Dominos pizza or Papa Johns that was purchased?
Anyone planning an event in NYC? I'm looking for any pizza place that accepts direct bitcoin payments.
I haven’t heard something about this that some pizza day is going to be celebrate on 22 may and if this is so then I must be very interested in this that if someone is giving be a pizza in exchange of my bitcoins and I guess this is very cool because now a days we all are fighting for the centralisation of bitcoin so that any how it becomes the central currency and people can use it as more of transactions and if this is going to happen then it will be a great milestone for all bitcoinera and a very good news too. |
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Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps. Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way Matt Good evening buddy, I think there are thousands of ways to make money through bitcoin, the only thing you need is proper guidance and I guess I can help you a little in this . Brother in summary you have 2 broad options either you invest your money and buy some bitcoins and moreover the valuation is also very low so you can buy right now and sell them till after the valuation hikes or joins surveys campaign and work for them and they will for for your work, the choice is your and in both ways you r getting profit. |
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