Latest posts of: BitcoinsGreat

Well in 2009 i wasn't aware about bitcoins. At that time i always play online games since my age was just 15 years. Later in 2013 i heard about it i start digging and searching online like watching videos and reading article what is crypto currency. Actually I don't feel regret bitcoins plus there's no late in bitcoin everyone can join it whenever they want. That's what i like about this digital currency.

Quote from: P60 on December 14, 2017, 02:17:17 PM

Quote from: Adil Amim on December 11, 2017, 11:33:27 PM

The reason behind being the most popular currency Bitcoin is the first decentralized digital currency that can be used as a worldwide payment system.

I agree; aside from that, I think Bitcoin becomes the most popular cryptocurrency because of its high value. We all know that the value of Bitcoin is higher compared to the last two years. And it's becoming more profitable compared to the other coins.

Better to open the price chart. It can tell you everything why people love bitcoins more than other cryptocurrency and why its popular. One of the reason is its a mother of all crypto currency and first of all in crypto's list. Its price made everyone crazy.Those people were using other crypto currencies now are trying to involve with bitcoin.

Quote from: akram143 on November 20, 2017, 05:04:59 AM

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Maybe the reason is Gold have a physical form. I mean its physically exist. We can touch and feel it and we can protect it our self. Where the bitcoin is a digital currency with no physically form We can't protect it we just all depends on wallet's security. Once it got hacked there's no point to bring it back plus its still new in our generation many people don't know about the bitcoin if you ask someone about it i bet they'll unable to give answer. So these are few drawbacks which make people confuse about bitcoin and trust the Gold.

Investing in bitcoin is good Because we can earn daily from it look at the chart and figure out how bitcoin is increasing . But its not easy to maintain it. I mean if you have good experience and knowledge you can manage your investment and can make more. I saw many people invest with bitcoins without getting any knowledge get panic and lose it. So investing isn't like a piece of cake ,some mind is needed to get success.

Its price really impresses me .I still remember when JP Morgan gives there statement against the bitcoins the price fall down i thought its the real end of bitcoins .Later Some countries banned the use of bitcoin like china did in past the price fall more i become panic and sell the bitcoin by thinking its a good for bitcoins. But i fell so regret after getting know the price start pumping and increase 10x time better. I mean many peoples tried there best to fall bitcoin down but it survive and break all its own records.

I've not heard such news.Its better to post source. Anyways fork is a part of bitcoins. Better not to panic and just be patent. I believe if the price fall it will increase for sure.In past many fork occur and lower the price but bitcoin survive. I believe if the price drop it will increase 10 time more.This fork can also help us to buying more coins .

Quote from: Sedorikku on November 01, 2017, 04:56:10 AM

Quote from: piloder on May 05, 2017, 07:52:48 AM

TV can be good media to reach wide range of possible bitcoin users but running tv ads will cost so much and nobody want to pay those money from their pocket.

There will be no any incentive for the one who will pay for those ads. However I think we may see some tv ads in near future from bitcoin related local services in few countries to promote their services.

yeah, exactly that's is a great point. Television is a good kind of media to make atleast many people to become a possible bitcoin users. But it takes time and also a lots of money to produce to make this happen.

Every country should advertise it on local channels and it will surely help in boosting the promotion of bitcoins. This way bitcoin will more be known to a common and more people will be attractive towards the digital coins.

Quote from: cah ndablek on November 01, 2017, 03:41:27 AM

Quote from: Jake052478 on November 01, 2017, 12:33:39 AM

I was browsing for news in bitcoins last week when I got intrigue with this title in an news article. In deed, the biggest test for bitcoins in this year for there are a lot of scares with its operations. There has been issues with its legal basis as China and South Korea has halted their exchange operations. The all time low bitcoin value then the sudden increase of its worth... It has been a roller coaster... but thankfully it survive and here we are...

Indeed in the year 2017 bitcoin price increase is quite significant compared to previous years.This opportunity should be able to maximize both for investors in getting doubled profits later so that in every transaction can also make feelings of being happy.

Exactly, You can see the price rise of Bitcoin in year 2017 from 1000$ to now 6000+ $ and such a rise in price and value has never been seen before in bitcoin or any other currency. 2017 brought a lot of changes in bitcoin which includes hard forks and more making it a important year .

There's much difference between bitcoin and money. Bitcoin is only usable on internet. you need internet connection with a personal computer.You can buy an sell your bitcoin anytime anywhere . Not everyone accept the bitcoins.On the other hand for money there's no internet connection required neither any device to control it. Everyone can accept it because they're aware about money .

Quote from: Saleem786123 on October 04, 2017, 04:00:33 PM

i tried to calculate how much would i make from bitcoin mining using an antminer s9, and i don't think it's worth it for me as the cost of electricity is high where i live, which is in the UK (it's 20 cents approx), i make like $300 profit a year. and obviously i can't use faucets as that will take years to get one bitcoin. so is the only way to even get any value from bitcoin is to buy it and hold it on for another few years? but it is a risky investment due to the price. or should i invest in new currencies that are cheap right now and have potential to grow to $4k a coin? Huh

Its just a way to earn earn some profit.Buy low and hold it until price go up and sell it.But its not the only way.There's still some more and interesting easy way to earn it.you can join any campaigns.Which can paid you depend on your work and ranking.Also you can use some mining software to earn more NichHas who use your GPU power to mine.Also you can play faucet to earn but the amount would low

Quote from: TechBullion on October 21, 2017, 07:34:59 PM

Some people like the Brazil Central Bank Chief called Bitcoin a Bubble & Pyramid Scheme, how can the bitcoin industry prove this wrong and make sure bitcoin never ends but grows bigger?

If you look at the chart its showing how bitcoin is increasing and growing in our society. Most of people start using bitcoin because they know bitcoin will survive. The bit proof is its surviving just look at past and you'll find how people like JP morgon abusing it and some countries like china banned it which hurt the bitcoin and price fall down but you have see its survive without them and now the price is higher than before.

Its impossible. Bitcoin can't take place of money. So banks will be exist in future. Maybe the bank change there plan and start working same as blockchain. People call banks as wallet. Banks can involve with bitcoins but they'll never disappear. Also most of seller use banks to transfer money.So if it disappear how can bitcoin seller get the money .

This is so good service I guess especially those who hold so many campaign they can see if the participants really meet the required requirements and this is so beneficial to those who uses ICO campaigns because there were spammers out there.

Quote from: jennywhzz on October 18, 2017, 06:34:34 PM

Think fast. You need to be able to figure quickly why it is falling and is it going to come back. BTC drops based on this and that rumor sets and always comes back, is this true for the coin you have now that is dropping? The thing that some people forget is that they have already made money on a coin, not always true, but often forgotten. They buy a coin, do this and that and make a tidy bit of profit as it rises, then freak out and make this and that guess as it drops.

If you bought in at 1 Sat, it is now 800 Sat and dropping, make the sale and sit back and enjoy. You have done a good job at this trade and if it hits 1000 Sat the next day, who cares, you made a 800x return and did just fine. Need to be vigilant with decision making and always make the right choice of when to buy and when to sell.

Quote from: craZyLovE0916 on October 11, 2017, 10:53:33 AM

Well I guarantee you any developing country that invest a lot into Bitcoin now will be very happy they did so in a few years from now. Wink

Most of countries are against Bitcoin and trying to ban it . I don't think bitcoin can help world especially if you talk about developing on government level.On the other side if you look at its wallet like block chain and some other you'll find it can give a lot of benefits to world. Like people can use it as a bank and transfer money one country to another without any fee and delay.

Quote from: yusufjalal on October 13, 2017, 11:12:12 AM

I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?

Electricity and internet connection, these both things are important for bitcoin and play an important part in bitcoins life. Of course you can't access your wallet without internet and electric power. Bitcoin is completely depends on both For example for mining you need electricity, for trade you need internet.

Quote from: emmagloor on October 13, 2017, 02:04:44 PM

Truly it'll continue ascending till $6000 until the following 3 days. It'll take a little plunge after $6000 in light of the fact that all the big cheeses will offer it and after that it'll continue ascending till the November hard fork similarly. I'm anticipating $10000 before the current year's over. By November end near $7800– 8000. Simply clutch them

Good to see bitcoin reach up to 5500$. Hope a lot of user earn some benefit from it. Bitcoin is raising but still we can't say anything about it.
It can fall down anytime since it have no fixed price. Just wondering what will happen if any country ban the use of bitcoin it can fall down again. Lets hope there is n bad news in the coming days.

I am agree with your all points but since when ATM and Credit Cards start applying Fees ?. i think you're joking. Anyways there's some more advantage of bitcoins. Its easy to earn with bitcoin but for money you have to work had day and night. But you can earn with bitcoin without wasting your time. For example mining or trading.

Quote from: thesosorr on October 13, 2017, 03:32:19 AM

Including me. Buy bitcoin with longterm investment motivation. But, everytime i go online. Can be sure i checked exchange rate bitcoin in coindesk.

Same is the situation with me. I daily check the bitcoin price from http://preev.com/btc/usd. This site always give me updated information and there can you convert bitcoins into number of currencies. Its not that i am a trader and need to check price, it is basically i have interest in bitcoin price and i feel good seeing bitcoin rise on most of the days.

Quote from: cryptocrusher on October 12, 2017, 12:04:14 PM

I think realistically the price has risen too sharply and a correction is definitely inevitable, however bitcoin could reach 6k by then and be correcting back to around the price it currently is at.

The bitcoin climbing high at this moment is because people are buying bitcoins to get free Bitcoin gold on 25 October when the hard fork will happen. The amount of bitcoins you have, you will get same amount of bitcoin gold and that too for free. For this reason price is moving high and we never know if it can even cross 8000$ within this month.