Bitcoin is growing very powerfully but in this present scenario which factors can destroy or make its market value Zero.
Bitcoin cannot be truly destroyed without a global catastrophe that wipes out pretty much all electricity on the planet. There are many things which could cause the value of Bitcoin to decrease, but it is nearly impossible for Bitcoin to be completely destroyed. In my opinion the way to hurt Bitcoin the most would be to buy an enormous amount and artificially sustain the price at ridiculous levels; get mining difficulty insanely high; and then unload your coins. If the market crashes enough miners will be unprofitable and shut down; causing blocks to not be processed. |
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What do you think is future of Blockchain technology? Where do you see this in next 8-10 years?
Blockchain can help energize and unlock the sharing economy by making it cheaper to create and operate an online platform. For example, transactions could be coordinated by self-executing smart contracts or performed at lower cost by other small competing providers. The next phase of the sharing economy can emphasize today’s inequalities or ease them, depending on the purpose of the technology itself. Basically, blockchain is a different way of keeping track of a normative set of information, instead of storing the information in one central location the county records office, say, or Airbnb’s database blockchain makes multiple copies and distributes them across all the nodes of a network. These nodes don’t have to be people, they can be things. This is what makes blockchain a potentially powerful accelerant of the sharing economy as it gives a property the ability to know who its owner is. |
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Can anybody suggest me good bitcoin CPA networks that pay in time. I mean CPA networks with offerwalls for publishers. I already know about runcpa and mgcash. I just want to know whether there is any other network that pays in bitcoin for their CPA offers . I just want to integrate it with my site. If you know any please list here. Thanks in advance.
https://www.clickbooth.com/ - Clickbooth is a respected industry veteran celebrating 15 years in the business. Client success stories secured them the top spot. http://maxbounty.com/ - Maxbounty consistently one of the favorites of our voters, MaxBounty runs on great leadership and a solid reputation. https://peerfly.com/ - A consistent top-3 rated network that pushes the winners close every year. A younger network doing a lot of things right. This is my top 3 CPA networks that I used. Hope It may help you decide sir. |
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First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way
is it TRUE?
Yes it is true. On October 25th, the Bitcoin blockchain is set to hard fork and create a new cryptocurrency called Bitcoin Gold (BTG). Existing private keys holding a Bitcoin balance at that time will be credited with the same amount of Bitcoin Gold on November 1st, similar to how they received Bitcoin Cash at the beginning of August. A wallet for Bitcoin Gold may not be available in time, however, which could cause a delay of up to a few weeks before holders will be able to use the new coins. |
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Hi, I wanted to clarify a couple of things regarding PPLNS pool system. As far as I understand, your shares are evenly distributed to average shares needed for a round. What I'm trying to say - if the round is shorter than average, some part of your shares go to the next round. And if the round is longer, it'e being cut. Is it correct ? Also I'm curious about a couple of things : - Is it possible to get shares for multiple rounds ahead ? Let's say we're super lucky for 5 rounds in a row and hit them 10 times faster than usual
- How exactly nanopool system works ? They have PPLNS over time. So if the time is 20 minutes, I'm getting my shares averaged out for next 20 minutes or what ?
- Is there some possibility to get advantage/disadvantage mining at specific time ? Like pool hopping or something
First of all, if you’re talking about PPLNS it’s important to understand how it works. One round is the time between the first share after the last found block and the share which solves a block. PPLNS however means that we no longer consider valid shares of one round, but we consider a number N of shares, no matter if they’re apart of the round or not. The number N is currently for each blockchain twice the difficulty (actually rounded down to an easy to calculate integer value). The important point is that you as loyal pool member have an advantage over pool hoppers. Even if you only mine occasionally, such as if you want silence in your mining room for once, you still have an advantage. |
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I am struggling making money with bitcoin trading, what is today's outcome?
You should buy bitcoin now. But never invest more than you are willing/able to lose.Bitcoin is a very risky investment and you should keep in that in mind at all times. By now you can probably see that the answer isn’t that simple. It’s not just a matter of should you invest, but also a matter of how to invest. |
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What can you say about bitcoin that pumped into 4115$. Do you think the goal of everyone for bitcoin will reach its value into 5000$ this 2017?
according to my research, bitcoin price is breaking its resistance level and if trading volume in South Korea, Japan, Europe and the US hold up. So it means there is chance to reach everyone's target. But there are factors that also affects bitcoin like in china, because the bitcoin industry on that country is over.
There appears to be no single reason for the recent run-up. Instead, it can likely be explained by the same factors driving this year’s cryptocurrency bull run: Publicity-driven speculation; New financial products creating unprecedented liquidity; Trading surges in Asian markets; Institutional investors treating digital currency as a permanent new asset class. Meanwhile, the $5,000 milestone is likely to trigger a new round of chatter that Bitcoin and other cryptocurrencies are in a bubble and vulnerable to a major price collapse. Bitcoin has experienced a series of spectacular crashes in the past (most recently in 2014 when it dropped around 75%) but has always recovered. |
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Hi guys! What do you think, will bitcoin fall to $ 3000 in the near future?
Bitcoin is close to hitting a price that could see a 47 percent correction, according to one analyst, following a huge rally for the cryptocurrency that has led it to record highs. We will see the bottom in start of January, that is when stock markets typically tend to have a correction as well. |
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Payments sent.
Yay. Thanks manager aTriz.  Still haven't recieved the payment. Waiting.. |
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Payments sent.
Yay. Thanks manager aTriz. |
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Posts have been cut off, they are being counted now.
May I ask manager if you posted more than 30posts that is needed for a week. Will it be credited for the nextweek? For example. I have posted 35 replies will those 5 replies be credited for the next week? Or will it be the starting post for next week. They won't be counted sorry. Okay Manager. I'm just asking. Looking forward in this campaign. Really, I like staying in this campaign until it ends. And more power to you manager. |
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Posts have been cut off, they are being counted now.
May I ask manager if you posted more than 30posts that is needed for a week. Will it be credited for the nextweek? For example. I have posted 35 replies will those 5 replies be credited for the next week? Or will it be the starting post for next week. |
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Tell me about your trading strategy.
How much coins do you use when you trade? All of them?
How much time is it appropriate to hold a coin?
Thx
Money management. Perhaps the most important element of trading is capital preservation. Before undertaking to trade Bitcoin, consider how much money you can afford to lose before your current lifestyle becomes unaffordable. This will allow you to better determine your “pain point,” or how much wealth you’re willing to risk losing. Never commit any more than this sum to your trading account. Of this trading capital, never risk more than 5% on a single trade. Neophyte traders should not risk more than 1%. If your trading is successful, the size of each trade in absolute terms steadily grows as your trading account swells. If unsuccessful, at least losses are kept to a minimum, which allows time to adjust your trading plan. |
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What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
As a trader, you need to ask yourself, what position do I want to be in before, during or after this event? As a long-term holder, you need to ask yourself, do I want to liquidate my holdings and sit this whole thing out until the situation resolves? I feel most traders will play this short and many holders will liquidate. We are already seeing continued selling pressure since the newly established all-time high. The nearest support is around $750–800. I’d expect that zone to be reached rather quickly. I do not expect to test $450, but support is there should price breach $650. |
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I just read on Btcjam blog that they are closing down: https://blog.btcjam.com/2017/05/25/btcjam-is-closing/, now I am just wondering if big players in thebitcoin industry are closing down, is there any future for bitcoin really. I came to know about bitcoin through btcjam when i was introduced there to borrow. Eve in this forum, looks most signature campaigns might close down because of the ever rising price of bitcoin. Most of them have reduced their payout amounts for posting by more than 50%. Is this a good sign or a bad sign for the bitcoin development? No. Every change proposal turns into a never-ending war of proposals and politics and thereby preventing any development. Sure, it still has its brand and fame, but as we all know this means not much in the tech world. Bitcoin looks more and more like My Space, another crypto will become Facebook. I doubt it's Ethereum, though. Probably something that's not on the market yet. |
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Bitcoin was the first of its kind, i first heard of it in 2011, and didn't think anything of it.... i feel very few people at first didn't invest much, but the people who did invest didn't have to invest much money, when it first came out, if you had invested $10, you would have a nice fortune now....because its sitting in the thousands now, i feel very few people for this reason wont invest in it, even if i did a $1000 now, i think it would take forever to see a huge outcome compared to the first investors. i feel the majority of the overall bitcoin online is from people who first bought in. Due to this i get the impression bitcoin will fall drastically here soon. Now that people see the uses and market for online currencys, a lot more people are paying attention to it, due to this, I'm feel the average person will invest in other coins like ethereum, ltc....etc, hoping for a big outcome like bitcoin had. Any opinions/advice is welcomed First of all, no one knows for sure. Roughly every 10 mins, 25 new BTC are issued ("block reward"). At ~$230 per BTC, that's ~$830K new BTC a day (25 x 6 x 24 x 230). As many miners sell most of the block reward to recoup the cost of mining, for bitcoin's price to remain constant, these new BTC have to be absorbed (=bought) by market participants. While the number of transactions are trending upwards (see Bitcoin Number of Transactions excluding Popular Addresses), it seems that there is not as much new interest in investing into bitcoin at the moment. Interest has stabilized, but may not be outstripping demand. So - do I believe Bitcoin will prevail? Absolutely. It will also probably make a great long term investment, but in the short term the price may even drop further. |
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I will like to know the reason why after bitcoin reached the maximum value this month it has been decreasing on a daily basis just at the time i wanted to invest the uptrend just changed suddenly. is there any hope of further increasing as some has speculated that it will reach $5000 by the end of this year?
It is tempting to look for a dramatic reason for a decline like this. It may well be simply that with a relatively small number of people trading the currency, a proportionally small number of people can trigger a big sell-off that will tank the price. It could also be a calculated attack on Bitcoin. It is possible that this is a hack, and not real trades. The current time between when a trade order is placed and executed on Mt. Gox is 1 hour and 13 minutes. Normally it should be a few seconds at most |
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Have you ever wondered how would the world's economy be like in the future as a cashless society? Perhaps, with the increased traction of blockchain acceptance nowadays, could lead to the creation of digital fiat currencies powered by blockchains that are managed by governments themselves. With this in mind, there would be no need for physical cash, as digital fiat currencies would provide many advantages such as quick settlement, global payments, full transparency, implants use on citizens to make payments, and more. If this becomes a reality, which I'm sure that it will, it would radically transform our lives for the better and reduce criminal activity as a result of the full transparency and auditability that a digital fiat currency would have thanks to the power of the blockchain technology. Also, it makes me wonder if cryptocurrencies like Bitcoin would exist by that time, or will they co-exist with digital fiat currencies. Nevertheless, I would like to know your opinion about this.  This got me thinking about all the people and sectors of our economy that are still dependent on cash, and how they might be affected by our increasingly cashless society. However, assuming that this pattern holds for everyone would be a mistake. There are still big sectors of the economy and large groups of people that remain heavy users of cash and are heavily dependent on it, and as others move away from it, that’s increasingly going to cause them problems. Sadly, this likely applies most to some of the more vulnerable and marginalized parts of our society, who will be least in a position to make the changes necessary to keep up as the rest of society moves on. Technology has such an enormous potential to reduce friction and make payments simpler, but what we need are innovations that do the same on the receiving end, including in ways that don’t themselves require technological solutions. |
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If you compare the two main cryptocurrency, namely Bitcoin and Ethereum, which one has the most promising future?
In terms of evolution, Bitcoin reached a maximum of roughly 4800$, whereas Ethereum reached roughly 394$: in other words, it is a potential increase of 33 % for Ethereum, but only 24% for Bitcoin.
Ethereum and Bitcoin are two very different beasts. While many will compare the cryptocurrency aspect of both Ethereum and Bitcoin, the reality is that they are vastly different projects and have different intentions. Bitcoin has emerged as a relatively stable digital currency, while Ethereum aims to encompass more, with ether just a component of its smart contract applications. Bitcoin and Ethereum also cost their transactions in different ways. In Ethereum, it is called Gas, and the costing of transactions depends on their storage needs, complexity and bandwidth usage. In Bitcoin, the transactions are limited by the block size and they compete equally with each other. |
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thats a biggest bad news, but im not sure people in china will stop to invest at bitcoin
This sudden decision is made after the exchange denied they were closing down on September 10th, telling trustnodes at the time. That appears to have changed. The reason remains unclear at this stage. The September 4th notice concerns ICOs as far as we are aware. There are rumors of a new notice which suggests China is to ban crypto exchanges. However, some clarification appears to be developing which suggests they will only require a more strict licensing regime, rather than closing them down. But, in the transition process they might have to close. A step which BTCC has now taken. |
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