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1  Bitcoin / Bitcoin Discussion / Re: The next action of Old man McAfee on: January 30, 2020, 03:26:28 PM
Well , i think all of you maybe already heard about McAfee prediction of bitcoin price, and well,it make a huge attention,also some newcomers come to this forum and asked about it,on last year btw.
but today, I heard the news about that old man, and it seemed like a rebuttal to his predictions a few years ago.
According to his tweet , he just say Bitcoin is no more than shitcoin. Its a kinda funny actually , it seems he try to avoid about betting the price with his dikk.
Or for another reason probably he need more job like zombie coin from china a year ago, and he make a new attention Grin .

Old man McAfee continues his drug addiction and Internet hyping. He amuses me xD
2  Bitcoin / Bitcoin Discussion / Re: What Bitcoin wallets have worst reputation and why on: January 30, 2020, 03:24:51 PM
Choosing a crypto-wallet is usually one of the first challenges that a rookie cryptocurrency user has to face. Of course, the internet is full of guides on how to make the choice. Those guides can be good or bad, reasonable or silly, free or sponsored, and so forth. Still, while such reviews are abundant, there are much fewer pieces speaking about what NOT to choose.

We asked Jeff Fawkes, a cryptocurrency investigator, to take a look at the wallets that he believes people should avoid. In this piece, he speaks about the bad seeds and explains in great detail what is wrong with them and why rookies should keep away. Even though itís Mr. Fawkesí personal opinion that we not necessarily share, his investigation shows that at least part of the crypto-community does. And this fact alone makes it worth the attention.

It all depends on the level of security and trust. There are many good wallets however this way of storing crypto is a priori risky. So it remains to find fraudulent wallets and avoid them, here is the success formula
3  Bitcoin / Bitcoin Discussion / Re: Is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting? on: January 30, 2020, 03:20:27 PM
After holding the meeting a few days ago, the guys we talked to have been on our nerves. We aren't surprised tho cause we saw it coming. They come with different questions at different tines, phone calls and all, and there's no way we would refuse to continue tutoring them. It's not like I don't have the time but.... Something like this, isn't it worth being paid for? I mean, we informed them for free, and we gained nothing (just went back to our houses) and even after then, they still come with different challenges.
Some of them who were there when we announced the meeting  date, they didn't come but still come back individually to request explanations. So I ask, is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting? Cause we've gotten nothing for as long as we've worked.

Do crypto seminars for free, however, include the possibility of a personal paid meeting to answer all personal questions. As for me it will be reasonable and profitable for you
4  Bitcoin / Bitcoin Discussion / Re: Why We Think Craig Wright is Satoshi and Why That Matters on: January 26, 2020, 02:39:51 PM
Let's wrap this up. Basically Craig Wright is not the real Satoshi. He can't provide the convincing evidence the community is asking him to prove he is indeed Satoshi Nakamoto. The most basic proofs he can't even provide he can only provide haymakers to us.

I agree that it is time to close this topic. Everyone knows the truth about Craig Wright, but the liar continues to excite gullible people, and thatís why such topics are created
5  Bitcoin / Bitcoin Discussion / Re: India Central Bank Says It Hasnít Banned Crypto on: January 26, 2020, 02:35:48 PM
Right. They did not ban the bitcoin transactions but they do not recognize it as a legal tender which makes it difficult for any holder to spend or convert them to fiat. According to some articles, a lot of exchanges there were forced to close down due to the pressure and unfavorable position of the government towards crypto. There were also reports that they are planning to launch a government-backed crypto and that's probably why they have all these restrictions.

Do you want to say that India has the same plan as China - to introduce a national cryptocurrency and make it dominant over the rest of cryptocurrencies?
6  Bitcoin / Bitcoin Discussion / Re: How we can introduce bitcoin to local people on: January 04, 2020, 03:27:52 PM
It would be cool if the Bitcoin educated trainings were shown on TV. Iím sure it would be great and millions of people would watch it instead of stupid soap TV shows or politics. It is easy but no one TV channel wants it.
not cool, because tv is the mainstream media that cannot broadcast anything that tends to collide with fiat at this time, the government will also not agree if the big ratings finally come from their education programs. youTube is still the best medium for doing that. bitcoin and blockchain can only be displayed publicly in news programs in the business and stock segments and which specifically only discusses the latest news related to other stocks.

I think that the user 'migws' meant Television as a method of spreading crypto literacy among the population. YouTube is the platform for the younger generation. If we are talking about working classes of people, and people from 40 years old, they prefer to extract information from the television. If it was possible to broadcast the Bitcoin training on TV, (with no problem which you called) it would be super effective
7  Bitcoin / Bitcoin Discussion / Re: Many big powers agains crypto on: January 04, 2020, 03:21:01 PM
Those that donít buy in or invest are going to get left behind. Those that get in early will rep the greatest reward. Bitcoin isnít going away.

I agree with you. Bitcoin continues its journey and there is no reason for it going to die, therefore you need to be in and be a winner and not be left behind and be a loser
8  Bitcoin / Bitcoin Discussion / Re: How many hours an American needs to work to earn 1 Bitcoin on: January 04, 2020, 03:17:40 PM
The last decade has been a tough time for many American workers, with the cost of living rising drastically while wages have largely stagnated. However, it appears that the reduced purchasing power of the US dollar (USD) could have been wholly offset had wages been paid in Bitcoin, a cryptocurrency that has appreciated by more than 2,200% since 2015.

With the average American pulling in around $28.29 per hour according to MarketWatch, it would currently take almost 257 hours to purchase a single Bitcoin (BTC) at its current value (circa. $7,315). Comparatively, somebody earning the federal minimum wage of $7.25 per hour would need to work just over 1,000 hours to earn a single Bitcoin.

Full News source here
(Not click campaign, just sharing information)

If you are thinking on getting a job as an American citizen and trying to achieve some FIAT for 1 Bitcoin, that's the information you are looking for Tongue

But we all know all it comes down to price fluctuations and American's market economy and many more variables so it's not something static but as mentioned an average estimation.

To put this into perspective, most Americans would need to work at least 23x longer to earn a single Bitcoin now, compared with 2015.

Have you reached something similar as working as an American citizen to buy a piece of Bitcoin (Satoshis) as for your Investment or any other related crypto involvement?

I am not an American and I will tell you so that in my country X you need to work 1900 hours to buy one Bitcoin. Try to draw conclusions and understand that there are countries in which it is incredibly difficult to realize yourself as the owner of Satoshi. In addition, crypto literacy is quite high in America, I think it is really easier to deal with crypto there than in some countries of Europe and Asia, where such literacy is minimal
9  Bitcoin / Bitcoin Discussion / Re: What do you think are the hot topics of crypto in 2019? on: December 31, 2019, 12:18:57 PM
I cant think of any hotter topic than the coming btc halving because everyone is expecting something very good in return in 2020. But i doubt nothing good will happen next year just like the past halving which tends to rise right after a year after the halving. I am one of those who hopes something good next year but i wont expect too much. Still have plenty of time though.

I agree that we are expecting incredible success with Bitcoin, but we need to remain optimistic. This is what gives you the power and makes you don't give up.
10  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin save U.S. from its rising national debt? on: December 31, 2019, 12:14:39 PM
Bitcoin is totally different and it never going to solution for us us debt raising maybe the US people can use bitcoin and invest their in bitcoins.
The US national debt for the first time passed $22 trillion a big scary number but still under control.

Based on my experience, I was saved by bitcoin to pay for the debts I had last 2018. The investments for bitcoin is our potential profit, and it's benefit will be an awesome thing to make it as a source of income. If you're working for so long and you still got the low paying job I don't think it will solve our debts quicker, because it may take long years to fully paid.

However, we are talking about an incredibly large public debt. I think Bitcoin cant save the US from this and yes, I doubt that the debt is still under control
11  Bitcoin / Bitcoin Discussion / Re: You should burst this MYTH on: December 31, 2019, 12:11:35 PM
I often hear people quoting that some country (most of the times China) is positive towards blockchain and are thinking to using it in their country, so they are also  positive towards Bitcoin.

This is just a myth. To be honest Bitcoin and Blockchain are separable. Blockchain can sustain without crypto but crypto cannot without blockchain.

In recent times Bitcoin moved from 7k range to more than 10k may be with the news of China president talking about blockchain. Then people were saying that China is positive towards crypto but things were not that good. And now things are on the same page again.

So burst this myth that where blockchain is Bitcoin will also be there.

Bitcoin will never be accepted by countries in which there is a non-democratic form of government. Powers such as China rule by centralizing power. Now let's talk about Bitcoin which is decentralized. Can you relate these two points? Me not.
12  Bitcoin / Bitcoin Discussion / Re: Why are the worldís governments not using cryptocurrencies? on: December 19, 2019, 01:39:53 PM
Bitcoin still use by less people in the world and only 2% of world population have use and know with bitcoin, when bitcoin have popular maybe become digital currency payment world and many people will use bitcoin as currency payment, need time for getting many people want to use bitcoin during bitcoin have higher price will give big chance how to make bitcoin become legal currency payment.

Legalization is price independent. The whole problem is that Bitcoin is decentralized, itís P2P, without third parties. The government has banks that can be monitored and used for its own purposes at any time, which cannot be done with the Bitcoin ecosystem. This is why bitcoin is being accepted so slowly. Be realistic 80% of all states - a corruption and bureaucratic system
13  Bitcoin / Bitcoin Discussion / Re: Craig Wright: "BTC is not Bitcoin" on: December 19, 2019, 01:32:30 PM
I have something for him too.

Craig Wright is not Satoshi, so it's all fair now.

He keeps talking and talking but if no one would entertain him, we will eventually forget this crown.

Between him and McAfee, I would choose McAfee the famous pumper in 2017..*paid to pump, lol

One is an incredible liar, the second is a trashing addict. I would not like to contact any of them lol
However, you're right, I would rather deal with someone else, but not Craig Wright, a scoundrel, I perceive him as a shame for Bitcoin
14  Bitcoin / Bitcoin Discussion / Re: BItcoin: The path to $10,000,000 ten million dollars per coin on: December 08, 2019, 08:18:01 PM
Bitcoin is designed to be more scarce every single day while the population is almost required to increase its demand. Why? Because people will have to sell their failed fiduciary currencies per Bitcoin. The current financial system failed already and people will realize that Bitcoin is the only system to reset everything. Governments will try to create their centralized cryptocurrencies that will fail like the fiat due to hacks and the fact that people will prefer to use Bitcoin. Bitcoin is a blackhole that is swallowing every single fiat bill. 10 million dollars per coin is probably too conservative. People who dont own Bitcoin now will have to own in it later. Those who are acummulating BTC right now will be the richest people in the world. Bitcoin should hit that price in the next 10 years and there is nothing that could stop it.

Right. And when there is only one bitcoin left in the whole world, with a tiny change in the program, a satoshican be divided into billions of tinier pieces. Fiat does this through inflation.


That does no cause inflation. People will have the same amount of Bitcoin just with more decimals


Perhaps this means a shortage means that whales will buy a huge amount of coins and this will create a fake high markup when the whales manipulate large sums and this affects the price.
15  Bitcoin / Bitcoin Discussion / Re: Best Bitcoin gifts for Christmas? on: December 06, 2019, 08:22:12 PM
This is a great link. I have some friends who are fond of crypto, I think that they will receive from me t-shirts with the Bitcoin logo and I will gift everyone a book by Antonopoulos
16  Bitcoin / Bitcoin Discussion / Re: Why Did Satoshi Nakamoto Choose 21M as Bitcoinís Maximum Supply? on: December 06, 2019, 08:20:04 PM
It seems to me that 21M of Bitcoinís Maximum Supply is just a quantity and no more. The most important thing is that this is the limit that kills manipulations and this is the most important
17  Bitcoin / Bitcoin Discussion / Re: Nearly $10 billion worth of BTC moved in just 15 minutes? on: December 06, 2019, 08:17:13 PM
One Twitter account has been picking up a bewildering number of Bitcoin transfers of $410M cycled through many wallets. The reason still remains a mystery.

Large transfers of Bitcoin are expected, but recent on-chain movements have been raising eyebrows. One large market player has been moving $410M between addresses, incessantly. In total, nearly $10B in BTC has been moved back-and-forth in just 15 minutes.

Read the full news here

Another one of many Bitcoin and crypto whale alert here!

For me, this is a such a huge amount worth of Bitcoin to be moved in another address in only 15 minutes. However, it's still a mystery whatever the reason is.

These whales are just fortunate enough to accumulate Bitcoin during the early times. Until now, I still regretted in doubting about investing in Bitcoin years ago.

Correct me if I'm wrong, but these whales know what they are doing. They are here for the long-term since they have enough BTCs in their arsenal, especially the next year's halving. However, I would not really count on halving's guarantee of BTC's price pump.

This news plays nothing for the crypto market. Moving between wallets is not a sale or a purchase. Therefore, this does not have any effect
18  Bitcoin / Bitcoin Discussion / Re: Preparing for a recession... Gold or Bitcoin? on: December 03, 2019, 12:51:49 PM
Preparing for a recession... Gold or Bitcoin?
Of course Bitcoin. Harder question would be in times of war (especially world war 3) what you would choose, bitcoin or gold?
With gold you could buy food and with Bitcoin? Only in countries not involved in war.

And what would war change about bitcoin? Huh

If you have a network and you have access to it you can still exchange it from virtual currency to fiat and vice versa.
You could even trade with other people in same country the war is at at exchangers like localbitcoins or talk with them and trade currency virtually and get your fiat face to face if you couldnt access the banks.

This is only speculation if a war starts, it is unlikely that any of the methods will work effectively. And in general, we are talking about recession, what is the best way to store the cost. For example, I donít know what will be more safe, however, choosing from a variety of assets, Bitcoin and gold seem to be the most stable during the global crisis
19  Bitcoin / Bitcoin Discussion / Re: China implements new strict controls on Cryptocurrency on: December 03, 2019, 12:47:34 PM
This is what I like most from China. The Chinese government is serious about handling and developing its technology along with the blockchain. They are also committed to providing education that is truly trusted and informative to their citizens by monitoring the circulation of news about blockchain that is not true. Look at their seriousness. In the next few years, China will become the leading position in the emerging field of blockchain

Yes bit they want to put to many restrictions up. That is never a good thing. They getting people ready for their own currency to get people to move to and use it and not bitcoin. They know they can't stop the technology but they can try to control it to a point.

We should think deeply, why China wants to use cryptocurrency, but it will be their national currency. It will be the currency with the participation of third parties, to have power and control it! I think no sane person will use a centralized shitcoin when there is bitcoin. But how to use Bitcoin if the ban is introduced? I can not answer this question
20  Bitcoin / Bitcoin Discussion / Re: What other uses does Blockchain have aside from Cryptocurrency? on: December 03, 2019, 12:41:31 PM
Considering that cryptocurrency runs on the rather new blockchain technology and that seems to be getting all the craze nowadays as more and more new cryptocurrencies appear and the established ones get more value as time goes on. Iím rather curious, what other applications does blockchain technology have aside for cryptocurrencies
I keep on hearing people say that blockchain technology will change the world, is that really true and to what extent would it change the world?
With rather limited knowledge of blockchain that I have heard that blockchain technology can be used for transferring data more efficiently than our current methods of transferring data and that it can keep peopleís identities a secret - probably who a lot of shady people use it in order to do shady things especially in the dark web and all the other dark places on the internet.
Are there any other uses of Blockchain technology for other fields of technology, Iím really curious to know more because, I, myself am not very knowledgable about this subject. Thanks for your input.

Huge secure database. I really look forward to when the medical registry will finally be implemented. This is a super thing based on the blockchain that allows you to use your data everywhere.

One of the main problems of the medical industry is the lack of a unified system for storing data. This leads to the fact that information is lost, some analyzes and testimonies of doctors are not recorded anywhere, and it is difficult for different clinics to exchange data with each other.

The solution offers a blockchain: information can be recorded in a single registry. Thus, the need for paper documents and medical records will disappear, which will increase the speed of information exchange. It will also be convenient for patients to check their health status, since all data will be collected in one place.

A huge problem is the lack of confidentiality of the modern healthcare sector. Moreover, patients often cannot verify who is able to use their data and where they are transferred.

The advantage of the blockchain is that the data in a distributed registry cannot be deleted, changed or faked. In addition, patients will be able to independently control access to their information and decide which organizations and clinics get access to their data.
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