I have not really bought any bitcoin in a while, i have been mostly trading this last year. but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge. they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.  I don't think so because in our country bitcoin doesn't that need to go some process. All you have to do is to cash in on some shops. And ofcourse somes are exchanging teller. Sometimes the bitcoon's value are very low because of the demand. Bitcoin isn't that hard to buy because you can sure that it is worthy. |
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Hello, I've been hovering around bitcoin for months and I want to become an expert in it. What resources are available and what steps can I take to know all there is to know about bitcoin and possibly reproduce the technology involved.
Thank you.
We all know that everything are starts from the basics so I would prefer to you to start also in basic like reading some news or article here in forum so that you'll ble to have some knowledge and background. Many people are actually starts from that and look at them on how they are today. Earning and very expert in business where bitcoin is the income. |
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Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees. Bitcoin has no border from one country to another that is why it is accepted all over the world. Based on all these aspects, do you think bitcoin has a role to play in the future? Share with us what you think? thanks  Yes. For me bitcoin will somehow play a big role in our society in the future in sense that it will somehow had a possibility of becoming one of the currency used in some transactions like buying, paying and lending. Bitcoin will somehow use by many persons and somehow accept and will be legalized in our country in the future. |
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Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!
Ofcourse it depends on the person and based on his needs. Many people nowadays are choose to spend because they believe that they will always have income in bitcoin so that they always use their bitcoin. And also they choose to earn ofcourse in order to buy things they want and they also beleive that it will make them rich. |
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This is an open discussion, so your thoughts more than welcome.
Here is what i think that happened:
"A few people with a lot of money, a few brilliant ideas and the will to fuck everyone up in order to make loads more money came up with a great idea: let's create digital money, some bullshit about fighting banks, some japanese guy that doesn't really exist, silkroad for a bit.
Let's give this Bitcoin thing value by pumping the hell out of it, and let it drop on a bunch of unwanted childs that dream of getting rich with this shit.
In the Meantime we will have an organized ring of scammers ( Karpelles, cryptorush, mintpal.. etc etc .. ) that will make us even richer.
We will also have another organized ring of scammers/devs that will create new coins so we can pump and dump the hell out of them to make even more and more money.
Once this shit gets regulated we will just leave with more billions and see ya"
Yepp. That's how bitcoi works. Many people nowadays are using bitcoin and the numbers of users are continuously growing. We don't know how actually or what will be the value of bitcoin minutes by minutes. Bitcoin dump and pump depens on the demand of buying and selling of bitcoin. You don't need to worry because that's how it works and many people are actually aware of that. |
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Some tech-savvy wedding-goers are gifting the digital currency to new couples. Honeyfund, a honeymoon registry that allows guests to give cash rather than gifts, has seen more than a dozen customers donate in bitcoin, said chief executive officer and co-founder Sara Margulis. In recent years, more than a dozen customers have chosen to route donations to the site from bitcoin wallets. Zola, a wedding registry website, has had just two cash funds created for bitcoins since 2013, a spokeswoman said. "I would expect it to pop more as millennials come into the wedding age,” Honeyfund’s Margulis said. “It’s something you will do if your friends and family are already into bitcoin. Bitcoin as an retirement plan, bitcoin to secure the future of your kids, and now bitcoin as a wedding gift. Whether or not bitcoin replaces cash in future, it looks like the trend of gifting bitcoin instead of cash at weddings is definitely going to catch up and more wedding registeries would be adding bitcoin as a gifting option. Avoid using a wedding gift "as an opportunity to proselytize a technology you personally believe in, but the recipient could not care less about." People who are not into bitcoin might not appreciate getting a volatile currency as a gift, and might never use it, thus adding it to the list of lost coins, but I think people who are already using bitcoin or would most probably use it in future then bitcoin instead of cash is the apt wedding gift for them. http://www.marketwatch.com/story/would-you-give-bitcoin-as-a-wedding-gift-2017-06-27Hmmm. I think it is okay to have bitcoin as a wedding gift because we all know that the value of bitcoin nowadays are very high and we can use it to buy many expensive things such as lot, gadgets and clothings. We must know that bitcoin is a very good thing but we must also know how to use it properly and in good way. |
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Did you lose BTC somehow? forgot passord, computer crash ...
Nope. I didn't able to experience such instances and I don't want to because we all know that the bitcoin we earned is the product of our hardworking so we must know atleast ho to protect it by simply guarding it with all of our hearts in order for us to avoid loosing it and we can use it in the future. |
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Here is a tutorial for dummies about doubling our money and not Bitcoins with scam scripts, remember no one has your best interest in heart to help you double your coins, however there is this thing we call it Bitcoin and indeed you can effectively double your fiat money with it.
But how?
-Simple, whatever you have buy Bitcoin(s) and deposit them in never before used addresses and forget about them for literally 6 long months/half a year.
-Tip: don't pay any attention to news and don't participate in crypto related forums and social medias, it will drive you crazy.
-Result: after 6 months and after your phone alarm went off since you set it to ring in calendar for exactly 180 days, open your browser and go to one of the reputable exchanges and look at the market price, if your fiat money wasn't doubled if you were to sell your Bitcoins then find me and kick my ass for bad advice. :?
Please refer to the Bitcoin price and charts to see if the price did or did not doubled every 6 months.
I can't find anything remotely similar to this can you? and if so please share with us.
Edit:
Disclaimer:
This post was intended as a quick suggestion to double your fiat money and not your Bitcoin, any body telling and promising to increase the amount of your Bitcoin is either misleading you or tries to scam you, even legit interest paying companies have their own high risk of loss.
Only idiots gamble in hopes of earning money or double their money.
The most easy way to be your money doubled in bitcoin is to play gambling. But of course we all know that gambling is quite dangerous for those who doesn't know how to strategize. So I guess I prefer to you that you must joined in some campaigns like signature and bounties if you want to earn. |
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Bitcoin approved and discovered in the world on 2009 and the first price is $0. And this the history and bitcoin table when discovered in the world from 2009.[Using USD Rate 2017] 2009 [Discovered] - 1btc = $0 2010 - 1btc = $0.1 - $0.08  2011 - 1btc = $0.75  2012 - 1btc = $9.04 2013 - 1btc = $301.20 2014 - 1btc = $753.01  2015 - 1btc = $451.81 2016 - 1btc = $828.31  2017 - 1btc = $3664.25  From this list we know bitcoin is not stable , frequently make increase and reduction on price. Is there a possibility of a decline in the price of the bitcoin future , in doing so we must make a choice better invest a bitcoin or not ? Nope. As I can see and based on my experiemce bitcoin price will not be declined in the future because of its popularity and the person who uses it. Many people are actually knew about bitcoin so that they will somehow disappointed if it happens. And the value of it I think is depends on the person who are using it. |
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BITCOIN vs ETH ? your thoughts ?
We all know that bitcoin is more popular than the ETH but we all know that they both have their own unique value and features so I think it is not good to compare them but I can see that they both helpful to many people nowadays that is used by many people. Many people are actually earning ETH and at the same time bitcoin. |
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Hello, I've been hovering around bitcoin for months and I want to become an expert in it. What resources are available and what steps can I take to know all there is to know about bitcoin and possibly reproduce the technology involved.
Thank you.
It is not so easy to become expert here in bitcoin because base on my experience it is more need to read and understand how bitcoin works and how it will affect to your everyday life. Bitcoin must require a very good knowledge teaching from the experts so that they will somehow avoid being gone in track of becoming expert in bitcoin. |
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I wonder if there is any way to stop the cryptocurrency market?
Nope. I don't think so. As I can see there are no ways to stop the crypto market because it is very strong in terms of the rate of people who are using it. And most of the feedbacks and news about it os positive and very good. And of course it helps a lot of people in their everyday need in a sense that source of income and earnings. |
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Yes. We need to overcome our fear of loosing money because if we didn't overcome that it may drag us to a negative situation like being a greedy person. And being greedy engage us to make some bad things like scamming, robbery and cheating to others all because we need some money to play wih. |
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1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments. 2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class. 3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time. Source here. These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above. The three main reason to invest bitcoin for me is that, (1) uou need to save it in order for your future to become well-planned and ready for emergencies, (2) is in order for your money to grow eventhough you using it to buy things you want still it grows and (3) in order for you to avoid being bankrupt and of course to have a guge profit. |
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The world is run by the state-bank alliance. The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side. See Dissecting the Parasitocracy. The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance. Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.' So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers. Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it. So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices. The reason why is that people always hold bitcoin is that because they actually save it from something or situation that may needed like emergencies and many people also expect for the amount of it to get higher in the future. People did some strategic way of holding it and aaiting for the right time to sell or to use it because they find it more profitable. |
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I'm bringing up this topic because of some of the horror stories I've heard from some investors and early adoptors looking to say cash out 0.1-o.5BTC or higher. For example sending your BTC to coinbase only to see it deposited in a hackers account without ever having made it to the exchange. Does anyone of any stories like this?
I'm going of forum posts and some rumors, but considering the ammounts I mentioned that's weeks or months of work for some people.
Strategies for avoiding this and where to go would be greatly appreciated.
Hmm. For me I use a lot of exchanger in my transactions because we all know that there are different kind of exchangers and it depends on it's value of exchange. But my most used exchanger are Bittrex because as I can see based on my previous transactions are the values in bittrex are quite good and very convinient in their services. |
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I don't think so because we all know that bitcoin is quite have a relation to banks in a sense that banks are the one who performs to cash out the money we earned in btc. Some people might see that btc is a big threat to banks but I don't think so and I know that banks and btc will help each other and will be good in future. |
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As I am new into bitcoin, may I know how the money supply of bitcoin is controlled since it has no central repository and it is encrypted? It is called decentralized miney so it means that there are no people who controls bitcoin. The only one who controls the bitcoim is the person who are using it or the one who earning it because the demand of the supply of the bitcoin is depends on the amount or the numbers of the transactions made. If there are a higher demand the price was quite good. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
For me. It is better to save money in the bank because it is more safer than investing. And it has a limits of using. You only have the authority to open it or to see it. And as we know sometimes in the other banks if you put money on them for a long time your money will have a interest and it will somehow grow and earn while you are saving it in the bank. |
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i had about $200 worth of bitcoin.
How can i earn more with that amount?
should I trading? or make an investment?
and please give me some trusted site to investing my wealth.
**i dont want to give a loan, or else.**
if you had some advice, feel free to tell me.
really apreciate it.
thank you.
For me I prefer investing because in that kind of growing your money you have some friends that can help you in order for you to earn good. And in that kind of making money you can sure that your money will not be scammed because you will somehow monitored on where are your money is going and how it is being used. So I think it is more safer than trading. |
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