Killing Bitcoin? It's not that easy although there are some who would like this to happen. So many times I've heard that banks and governments are the worst enemy of Bitcoin and that they are trying to destroy it but that is actualy not true at all. The worst enemy of Bitcoin is Bitcoin community itself and too much greed and different interests it has accumulated so the worst damage to Bitcoin could be done from inside.
Yes, Bitcoin has no danger from outside world like banks or govt. institutions etc. The only thing which can damage bitcoin is the difference of opinion among the bitcoin community. Most of the times miners don't agree on going for a fork or not and half of the miners supporting one version of bitcoins and rest the others. This gives confusion in bitcoin as no one is clear on to support bitcoin or bitcoin cash for example. Such things if not settled now, can be very dangerous for bitcoin survival in future. |
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Well everyone knows why bitcoin is moving so fast in term of price. People dive into bitcoin just to collect as many bitcoins as they can to get free coins at swegit2 fork. Just as the news was there that bitcoin fork is cancelled, all of sudden price was dumped to 6000$. These days again people are buying as they think that cancelled fork is temporary and it will happen any time soon. |
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Obviously bitcoin can work for online shopping, now bitcoin is so popular. People use bitcoin and they want to include this in whole world. Shopping is one of those. I think some big online shopping market can not support this because bitcoin price always up and down.They don't want those money which change in day by day. But one day bitcoin will work for online shopping.
Exactly. We don't need to ask for that. Bitcoin is mainly used in online world and in online shopping ofcourse. There is no second thought on that. The main market of bitcoin is Online and since the introduction of bitcoins online shopping has increased a lot. A lot more people now intend to do shopping online just because they can pay in bitcoins which is far more easier to use than credit cards payment etc. |
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As our human bodies are fine tuned machines, they are susceptible to fatal viruses. My question is that is possible to give a virus to bitcoin? I would be very much interested in working with someone that can help me develop such a malware. We can hold the crypto community hostage and be like the Dr. Evils of the internet mwhahahaha
I don't think its possible because every wallet especially block-chain contain highly security and secure to being hacked And the team behind it working day and night to make all wallets secure and safe and better than before.The teams are aware about the hackers and that they can attack any time. Threat is always there but they are placing enough security measures to recover from any dramatics situation. |
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Well its not a new thing we all are aware about it. It is already international currency and known as world wide currency but i am not seeing it using in globally. Most of countries don't accept bitcoins which is a big fact or maybe disadvantage of bitcoins. Anyways the price should reach 10,000$ if its a international currency. Banned the bitcoin caused decrease the price so maybe first we have to un-ban these bitcoins in order to make him real world wide currency.
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There is no cheap nowadays, because it is getting more expensive every now and then. I vouch too for localbitcoin.com, where you can buy and sell you coin, you can buy not getting into an online exchange which make your transactions expensive, lessen the middleman therefore lessen the fee, then store it to your non exchange wallet and make some profit to it. By the way Good luck in finding out the cheapest way!
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I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?
There are a couple sites that give the highest level by not asking for ID and such, but those are still watched and there is no real anonymous FIAT movement out there. Those sites are easy to use and the level of anonymity is pretty good, but they also end of taking heavy fees and the other users hit you hard when you are vulnerable with crappy exchange rates. |
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All wallets are easy to use if you know how to use it.But I like most of etherwallet.Bittrex is best for trading.Always remember one thing, now there are many fishing sites.Be careful of those sites, then everything will be safe for you.
Yes, if you are able to use one wallet, you can easily use anyone of the available wallets online or offline. All of them are more or less same to use and has almost similar interface. Electrum is my favorite one as it is easy to use and it has a good interface of sending one to many bitcoin addresses at the same time. |
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Of course bitcoin is a currency with no fix or stable price. Most of people use this currency to make some profit and other are using for normal sale purchase of online goods and some for paying money in bitcoins for services. Then there are traders who buy it at low price and hold them until the price go up and sold them to get more profit .Its a mother of Crypt-Currency. Its easy to get them online and its my favorite currency.  |
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I use Electrum. It is light weight and I don't have to worry about retrieving my bitcoins if my computer crashes.  I use electrum too but its not that if the computer crashes the wallet will survive. The Wallet will be lost but your coins can only be retrieve if you know the private key and that is the case with most of the desktop wallets. Keep the private key save out of your computer and relax as you can easily import the file into the wallet and get access to your bitcoins. |
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Well sure it will increase for sure, Nothing can stop it. Bitcoin can touch 7000$ and i heard in December the price would be 1000$ or plus.
i am not a prediction giving person but i believe it may be happen because the price along with volume is constantly increasing and not dropping.
Many will say that there is this and that factor which causing the price rise but for me only thing is the trust of people in bitcoins which is making it rise so high.
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The best coin so far is the bitcoin and nothing else  Bitcoin investment is so good as what it really is. If you gonna use some alt coins be very careful because it will might just pump and dump coins. I would recommend use only good coins at Poloniex and avoid small exchanges as often is the case scammer introduce their scam coins to the small exchanges to get quick short term profits. |
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Hello! My name is Annie Koko. If you are cute girl with Facebook, you will earn BTC from pervert guy. You don't need nude pic or mic or cam. Only text in messenger of Facebook. You must be CUTE and GIRL in your fb. If you are cute and say that you know Annie, you earn $1 at start. He is submissive, then you can demand full control of his hands. If you take the control, so you will use his hands to make everything on his penis until you force his orgasm. (Shake, squeeze, stroke, tighten, anything) If he had orgasm against his will, you earn $5. If you are wet, you earn nothing. He doesn't pay for your pleasure.  https://www.facebook.com/fabioeebussubThis dude doesn't add men. If you are cute lesbian girl, you can control his hands! Oh my, fabio is back to pay but it seems cheaper now before he pays more than $5 I saw it here and many tried and screw him up. And he really pays. I think fabio is really big bitcoin owner who can afford such services. i saw this service before, and I think even the man tried it and dont know whether they were paid or not. |
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Hi guys, I could really need some external advice on investments and would be happy if you would share your thought. First let me explain my current sitation. At the moment I'm still a student but I work a lot in addition to my studies. Therefore I have about 500$-1000$ each month to invest. I'm really a big fan of investing and especially diversification. My dream porfolio would be about 15-20% precious metals, 20-30% Cryptocurrencies, 20% real estate and 30-45% stocks and bonds. So at the moment I don't have the financial possibilities to afford any real estate cause prices are much too high in my country. Which leaves me with the other 3 asset classes. We also know that statisticly there is a financial crisis ever 8-10 years. Keeping in mind that the last one happened in 2008 there won't be much time left to profit of the stock market (I know the Dow is doing well right know and there are no signs for a crisis). Considering the stuff I told you by now my strategy is to focus only on "safe haven investments". Which means a portfolio of 10%-30% precious metals and 70%-90% Crypto. Once a financial crisis happens it's time to diversify and buy stocks (mostly ETFs). Do you think this strategy makes sense or would you recomend me to invest fully diversified right from the beginning? Thanks for wour help and opintions Ok, this is tricky. Do not invest and count on returns anywhere, they are not a guarantee and not even that easy to predict. I don't know what the deal is there, but you should probably speak with a financial planner. Make sure that whatever you do, that you have a serious savings plan and not putting it all out there where it can be lost. |
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Bitcoin has a huge demand among thousands of investors who dream of a non-cash future, and now they are investing in digital currency, not traditional means.
The first crypto currency has already turned early investors into millionaires, and tries to do everything possible, if only the many thousands of people radically changed their views on traditional markets and investments in general. Although those who use and support bitcoin still make up a smaller percentage of the world's population, in the millennial generation of investors, the number of young people who turn away from traditional financial empires is growing. If this trend continues, it could mean an absolute collapse of the banking system, as it continues to adhere to outdated algorithms. Until now, there is some way, until even the most seasoned investors are completely free of traditional banking and monetary institutions, but today they can already control their future in terms of investments. Since it is easier for them to manage their own savings plan by investing and reinvesting new technologies. Although they continue to deduct a certain percentage of the usual pension fund, and their accounts still have to be paid through a bank account, but investments in crypto-currencies have become for them a central part of savings.
I think those people are aware about its value. They know its the only currency work world wide and it have no fix price. When the price fall down they hold the bitcoins until it go up and this is how trade works and how the people who have bitcoins are earning. Those who do not follow this trend and scheme, often get panic when price is low and sell at a loss. |
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I'm a week into this whole bitcoin thing so be easy on me. I wonder why you would ever sell a BTC ... For example: you buy 100 dollars worth of BTC but the price drops drastically. Why would you sell it when its that low? You KNOW it's going to go up again. You could wait a month (for example), the price will be up again. Or am i totally wrong here?
Well, Actually this is how bitcoin and investing work. You have to buy bitcoins with money when it drop and sell it when it increase. Last month the price was something 3000$,i bought some bitcoin and now its price is $5000+. So what you think isn't its profitable ? Indeed, the selling of bitcoin at any point give you profit and thats the real good news for traders and even holders of bitcoins. |
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What is effect of upcoming Bitcoin Forks on existing bitcoin holders? Just like last time there were alot discussion to take bitcoins offline etc...
We can't do anything except holding our bitcoins. I heard this forks will be appeared on 25 October and will be end on 1st November. Its not a big Issue as we recently faced a fork a month and a half back. Most of people may be disappointed this time. But we have to work with patience, and on the top its not the first time this is how bitcoins and crypto currency work . Hard fork is an integral part of the digital currency and we should know how to react to that. |
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I lack skillfulness of day trading techniques, because i think deviation too small, and as it like a job that takes my time. Long term really a trading strategy that makes me feel comfortable, because this is an investment. So, i don't need to hurry for make open or close order.
Day-trading is surely a huge job on its own as its needs your whole time and dedication. Although with small money, you can quickly build it up with day trading, but it can be risky too as well. Therefore anyone considering this, should know they are up for a real full time job. However, if you have huge cash, long term trading can really be a very good one to earn more as you can just auto buy and auto sell without having to monitor the charts too much. There is no real day trading in crypto, it is all mostly flash and burn. There are occasional smart sign candlesticks that will keep you for 8 hours, but the real fluctuations and within a 48 minute market breaker. Day trading is sort of a full time job for a trader because he cant move himself away from the fast trading market. |
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I never saw a blade that was ASIC. Are you just adding the term or were they built and configured just for mining. Actually I would rather that they not be ASIC and there be more access to the code for tweaking without all the bother with rewriting their start up scripts and things. |
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