I think that the most common way to value Bitcoin is like valuing other currency by another currency.
Seeing to it that we all know all the factors that causes or affects supply and demand equilibrium.
Also the time we hold bitcoins. Time is very important factor.
bitcoin is almost the same as the usd currency to local currency which always changes its price. but bitcoin value is much more valuable when compared to usd because bitcoin is very rapidly changing its value. many people take advantage of price fluctuations in bitcoin to serve as a very promising investment. |
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what if instead, people sell their bitcoin gold and use the funds to buy more bitcoin?  Of course, people would be more interested in buying more bitcoin than bitcoin gold. maybe, bitcoin gold will not be like bitcoin cash can even be so bitcoin gold price is much smaller than bitcoin cash. I just try to think as simple as possible. I think the current hard fork that will happen exactly the same in segwit2x in august ago, the occurrence of gold bitcoin will not make many people interested to buy a lot of coins because the price increase will not increase to increase longer and the price is not easy to change, things it is very influential on the supply and demand market. even after that the price will be more balanced just like a stable bitcoincash can not rise higher in price. |
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Yes I know people that are afraid of Bitcoin. Even if I didn't though, there will always be someone, and trust me there are plenty skeptics out there right now.
I dont think so that people is afraid about virtual currencies. They only afraid because they dont know how to operate it how to trade it so i think that is the reason. But if they know about virtual currencies they will never be afraid to explore it. most likely people who do not understand bitcoin assume that bitcoin digital currencies in most countries can not be legalized and many are abused to commit crimes, they are afraid of the high risk they can face if they can use this digital currency. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Well other than the fact that they have saving, there no more benefits. I think they are saving it believing that in the future, bitcoin’s value will be more higher. So, why not save to invest for the future. People who do that way by storing bitcoins for a long time are stored on their wallets. I think they believe the price of bitcoin in the future will be more expensive, but other than that there is another reason why they take the safe way so the bitcoins they have can be stored longer in their wallets than have to invest in an untrusted site. |
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yes, of course bitcoin can change the world especially in the economic system so everyone who uses bitcoin can be better than before. With this digital currency all bitcoin users can easily make transactions using bitcoin instead of using the real currency we use, the convenience of transactions can be done from anywhere with internet networking support factors, even to conduct transactions using bitcoin does not require a large cost for everyone who does it all over the world
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The bitcoin price is decreasing and increasing depending on the circulation of the market. Learning the principles of marketing like how the Supply and demand is affecting the consumers will let you predict what are the possible reasons why the value is increasing or decreasing.
I think the cause of bitcoin prices is currently dropping in due to the lack of market demand because many people are worried about the existence of the current hard forks so the number of requests decreases. |
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hay guys
can anyone guess how much price of bitcoin gold ?
and can we mining bitcoin gold ?
I think we'll know after the distribution is done by BTCG. now can only monitor every movement in the market. because we do not know what will happen. which we will definitely look forward to at this moment. Yes, of course when BCG has been distributed the price will be the same as BtcCash that happened after hard fork yesterday, no one knows the price but after the coins can be distributed the price is high enough to attract many traders to buy a coin called BtcGold so as to increase market demand and increasingly high price in the market. |
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It is very hard to tell any such thing about the bitcoin price. No one knows how and when it's price will fall and then we will all be looking for the reasons of the fall. It also have the potential to increase it price sooner in a very little time. But it is not easy to say anything regarding bitcoin price. One of the beauty of the bitcoin is it's price volatility. This is why people adore bitcoin and invest in bitcoin with a high risk to get high return.
Yes, of the bitcoin price volatility itself that makes many people interested in investing and can make it a short-term trader because of the rapidly changing price movements that can be profitable. |
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Need some expert or real advice on how I can earn bitcoin. thanks
What a waste, 1 year in cryptocurrency but your bitcointalk account rank still newbie. If you keep posting till now your rank can be sr.member right now and with that account you can earn bitcoins in this forum. What do you do in the last year man ? My advice keep posting to get activity and increase rank your account. Wont you consider that he do engage on cryptocurrency without accessing this forum? You are just scaling up for ranks which you can earn on doing signature campaigns or some bounty campaigns.Yes this can really ad up on earning bitcoin and this is the common thing on here but actually there are lots of ways and 1 year time is really quiet long for you not to be able to upgrade your bitcoin earnings but still it not too late to make some changes.All informations are already on this forum. This forum is not only a wonderful opportunity for so many of us to earn a good amount of money but it is also a very good way of keeping yourself up-to-date. All the necessary information related to bitcoin can be found on this forum. Signature campaign is no doubt a very good way of earning money. If you haven’t tried your luck in this forum, then you should give it a try for having a good amount of earning. yes I agree with it, make use of this forum for learning to be able to listen to the people who are here who discuss much discussion how to get bitcoin and continue to practice themselves so that everything can be done slowly but surely. trying your luck by participating on a signature campaign is indeed one way to get bitcoin in this forum. |
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Maybe it would take many more years that it would happen.But for now i think they are in the process of studying how they can control the bitcoin.Or maybe government should adopt bitcoin.
No, that's not true, government can take down anything they want, provided that they use the "legality" issue and may sue everyone who use it just to make them stop. They could ban bitcoin and what more if a powerful country issue the same against bitcoin? That would be terrible, since powerful countries could influence the decision of their neighbors. The government can take down bitcoin for sure because they know that they have the power of creating a law which they can take advantage to influence the people to do this and that in order to bring down bitcoin from being the top of the trending type of currency and make a bad image for bitcoin. Governments are the powerful organization in this world so they can do what they want. It is true that the government has a strong enough organization in the world, they could make laws prohibiting the use of bitcoin and even have the authority for bitcoin users if it continues to use it as a currency that can not be inaugurated in every country. |
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Can we please do something to speed up transaction time and the high transaction fees?
This is getting absurd. I just spent $10 USD to send $7500 but my fee was too low. It may take a week for my transaction to process. Who knows. I should have spent 3x that figure to get processing within 1 hour ($30). With that same fee I could have just used a wire transfer from a bank online and it would have been just as fast as bitcoin. The selling point of bitcoin is that it was supposed to be 'better' than traditional banking services. It's not.
IMO, the following things need to happen.
#1) Block time decrease from 10 minutes to 1 minute. (and decreasing reward by / 10 per block)
#2) Difficulty readjustment period from 2016 blocks to 720 blocks. (2 difficulty readjustments per day with the decrease in block time from #1)
#3) Apply a system of master nodes where there are 10,000 nodes that receive an equal split of 1% of all bitcoins generated. (Comes out to about $200/month at current USD rates, enough to pay for a dedicated server or colocation space to host the node in a good environment almost anywhere in the world.)
#4) Reduce the amount of read/writes to disk on a bitcoin full node. I stopped running a full node because it lags everything else my computer tries to do. Not because of the disk space it consumes.
We just went 50 minutes between blocks as I was writing this!
This is a dilemma on btc transactions, the transaction times were decreased but we still facing with a comparibly big amount of fees keep paying even if the transaction amount is small Yes, the development team continues to improve the blockchain chain in order to facilitate the user to perform various transactions, although the transaction time can be reduced from 10 minutes to 1 minute then it remains ascertained by the system developers not to pay a large fee. |
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Altcoins are dying and some will be dead. Bitcoin murdered them and now I want to murder my self.
I think this is just a temporary occurrence, because there will be a hard fork that will affect the value of altcoin, like with bitcoin before there is a hard fork, bitcoin keeps raising its price but after the time approaching bitcoin will also decrease its value.After that bitcoin will again raise the price and behind all that altcoin value will follow the movement of bitcoin. |
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For all of your die-hard Altcoin traders out there, share some input on your experiences or strategies you may have implemented/utilized to find success. I myself have had my fair share of dumb luck (knock on wood) but i'm interested to hear what some of you legends have to say.
see altcoin's price movement itself is able to move quickly its value so that it can be more expensive and ensure the amount of market demand available. that way trading on altcoin can be profitable if we can carefully select the type of coins that will be traded. on the other hand altcoin price movement is very slow when compared with bitcoin, therefore from trading on altcoin we could not only get profit but can lose the number of coins traded if not carefully select the type of altcoin that will be traded. |
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Questions from you may already be answered by crypto users in this forum and I will only give you the experience that I do to trade is through the local BTC wallet site that I use today. I think this is very easy and very safe because I can exchange the BTC I have become USD if I am in need of money without having to enter through the next trading feature I can transfer the USD I have to the account number I have. of course this makes it very easy for me if I'm wanting to buy something I need offline.
In my opinion, local trading sites only provide some altcoins only, the type of altcoin there is not much like a global trading site. In terms of security it is definitely tested because local trading sites prioritize existing security systems. There is no harm in trying to trade on global sites that have been trusted and proven to be able to exchange more altcoin with other types of course can further increase your insight to try trading in altcoin types that are not on your local site. |
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Yesterday I red article regarding digital currency. The article aim to discourage us in using digital currency as these currency is not recognize by our country monetary institution. What do you think is the reason why other governments are discouraging its citizen to use digital currency? Any thoughts.....
Digital currencies are very vulnerable to misuse by irresponsible people, can be used to commit crimes such as money laundering, financing terrorists and many others. the government is worried because the use of digital currency is not easy to track and for anyone using the digital currency the government does not want to bear the risk because the use of digital currency can not be controlled by any country. |
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What about cyber cafe's?
Most of the owner of cyber cafe dont know about bitcoins...if we can convince them about bitcoins then the popularity of bitcoins can be doubled..what's ur opinion?
For me the best way to make bitcoin even more popular is through popular social media site such as facebook and twitter. Word of mouth seems to work as well in spreading knowledge about bitcoin. These means might not convince the skeptics but they will surely talk about it with their friends; hence spreading knowledge on bitcoin. it is a simple thing that everyone can do but is likely to succeed by popularizing bitcoin on social media in order to attract the attention of many people to come to use it. another way we can do offline business venture like a coffee shop but can receive payment using bitcoin so that people who visit our coffee shop can make people curious how to use bitcoin and they can see bitcoin can be very valuable to use. |
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the routine that I go through every day to get altcoin or bitcoin by following a signature campaign that can pay properly every week and some even pay every month, most importantly I can work on signature campaigns under a trusted professional manager who can afford to pay its members.
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6 month holding life running with altcoin. I don't get any profit from altcoin. my question is really have any future for altcoin? I just tired with altcoin.please drop your suggestion.
thankss😭
if we continue to be able to monitor the type of altcoin which is good to be a future investment I think should always see the altcoin price movement whether it continues to increase or vice versa. Not a few people who feel the benefits of investment or trading altcoin, they carefully keep monitoring the movement of the price so there is no mistake to choose the type of altcoin that will be used as investment assets in the future. |
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Yeah, I always wondered that too, some of the answers here don't really convince me. Sure they can earn money with referral links, especially if someone bets big but can't they bet big by themselves? If you have reliable winnable bets, you will win long term so why not use your own money and place bigger and bigger bets?
indeed most of the people who do that give a tip with the condition must follow the referral link. but apart from that if we think in a simple way maybe someone can tip others because they feel happy about the success achieved. |
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As we saw in early August, bitcoin is split into two, or it can be said to be a bitcoin split, before a hard fork occurs most of the altcoin value has decreased in price which could make digital currency users panic. They fear the price of bitcoin or other altcoin has decreased drastically so they sell all the coins they have so as not to feel the loss or lose its value in large quantities.But after the bitcoin split occurs, the value of digital currency jumps again. Therefore, the preparation we must face from now do not panic because there will be hard forks, must remain confident with what is done by the bitcoin developers, after all can be passed the value of digital currencies may be able to experience a higher price increase
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