Bitcoin Forum
April 24, 2024, 05:23:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 19 20 21 22 23 24 25 »
261  Bitcoin / Bitcoin Discussion / Re: What Will happen if all bitcoin already mined ? on: July 17, 2017, 06:10:26 PM
it will take many years., from wiki, it says it will be year 2140 to be all bitcoins to be mined completed.,
later that miners and ASIC will work to confirming the transactions., and get paid fees.
262  Economy / Speculation / Re: Is it too late to buy bitcoin? on: July 17, 2017, 11:23:49 AM
no its not too late to buy bitcoins, but as bitcoin is very expesinve right now, you will need few thouasnds of dollars to buy enough bitcoins which will make you millionaire in near future.,
back in days when bitcoin was cheap it was much cheaper to buy bitcoins., but as the price have increased you need much more money to get same amount of bitcoins/.

if you have the funds buy as much as you can, dont wait till 1st august. nobody can predict whats going to happen on 1st august.
263  Economy / Speculation / How low can bitcoin price go till 1 august ? on: July 16, 2017, 12:03:02 PM
i guess the PANIC have started , and price is dropping .

right now 1843.82 bucks and dropping.,

how low you think it will go ? i am trying to buy some and waiting for right time .

thanks

imho i think it will go to 1200

or i am wrong and its not panic selling ?.
264  Bitcoin / Bitcoin Discussion / Re: Software Engineer Buys 20,000 BTC in 2010, Quits Job to Travel Around Globe on: July 16, 2017, 05:07:53 AM
that is one hell of growth and ROI.

i have said it again and will say it again. for all the people who wants to be millionaire.,
the bitcoin ship may look like has been sailed., because the price is high right now, and we cant invest that much to buy 10k/20k bitcoins., but what we can do is , invest in some other alcoin which has future and plan and busniness strategy and is already cheap., buy that altcoin as many as you can and hold on it.
if you see history of ether , stellar and ripple then you will know people made thousands of dollars on their investment.

so keep doing what makes you money and buy altcoins., and keep an eye on market.
265  Economy / Speculation / Re: Bitcoin value prediction end of July on: July 16, 2017, 03:32:52 AM
the bitcoin's price is not going to be same again, its going to keep on increasing.

so my advice is buy as much as you can.

it will hit 5k-10k in 2-3 years.,
266  Economy / Exchanges / Re: How do bitcoin exchanges make money? on: July 16, 2017, 03:18:57 AM
they charge fees for each transaction and that how they make money.
for buy and sell they charge some % , its their cut.

Quote
If people are putting in 20k and cashing out 40k etc, where is all the money coming from to pay them?

people put 20k and cashing out 40k means they bought at low and sold at high, in short someone bought his coins for 40k , so thats where the 40k came from.
there are many people doing buy and sell trades.

if there are any other methods for exchanges to make money, i would like to know more .

267  Economy / Scam Accusations / Re: Warning! on: July 14, 2017, 06:24:30 PM
its been posted here before., you should have searched this forum or google it before sending your money to them/.

https://bitcointalk.org/index.php?topic=1587398.0
268  Other / Off-topic / Re: Those pesky live stream giveaways.. on: July 14, 2017, 05:46:52 PM
looks real to me.,and they are not asking to do anything either for coins too.,
 but lets just say you won 25 DGB coins which is price at $0.010047 so you get $0.251175

thats nothing for now., unless you gonna hold them its not worth it/., and even 25 coins are nothing these days unless its bitcoin or ether.

269  Other / Off-topic / Re: What is best video card for gaming? on: July 14, 2017, 05:42:05 PM
you should get , EVGA Geforce Gtx 1050 ti SC 4Gb, gtx 1050 ti is the successor of gtx 1050 and is 20% faster.
270  Other / Off-topic / Re: How does bitcoin made? on: July 14, 2017, 05:40:30 PM
bitcoins are generated by a competitive and decentralized process called "mining". This process involves that individuals are rewarded by the network for their services. Bitcoin miners are processing transactions and securing the network using specialized hardware and are collecting new bitcoins in exchange. That's how it is. Smiley

this is the best explanation you can get.,

bitcoins are virtually generated by keeping your computers or ASIC miners running , while these machine i.e. computers runnig bitcoin client or ASIC, try to do some very complicated encryptions, which in turns verifies the transactions made using bitcoin network and  for that they receive the reward wihcih is part of bitcoin.

hope this helps.,
271  Other / Off-topic / Re: Life after death on: July 14, 2017, 05:36:20 PM
we come back and take another body not necessarily human, but it can be any animal.,
but we do come back.,

well thats just my theory/.

but then question arise is from does these new souls coming from ? as the population increases. so there must be somewhere where all the souls are kept .

272  Bitcoin / Bitcoin Discussion / Re: Do you save bitcoin for fun or for future purpose? on: July 14, 2017, 05:30:09 PM
i have been saving and keep on investing few bucks per month into bitcoins to get more return on my investment., so far the bitcoin is going only up and up., so its obviously for future purpose and its fun.

273  Bitcoin / Bitcoin Discussion / Re: Photos: Life inside of China’s massive and remote bitcoin mines on: July 14, 2017, 11:13:26 AM
that is one big mining setup.,  i wonder how many bitcoins are they mining per day. and how much hash power in total are those ASIC miners are generating.,
but to setup something like that , it needs lots of money., ASIC miners are not cheap., and whats the fun in selling btc right away after mining., so they must be holding bitcoins for long term.,
i think electrictyy must be cheal in china a electronis are cheap and labour is also cheap., so its very possible for them.,
274  Bitcoin / Bitcoin Discussion / Re: can bitcoin wallet be hacked by hackers? on: July 14, 2017, 02:59:08 AM
yes, it can. there are online wallets and offline wallets.

online wallets gets hacked by hackers by compromising server. while offline wallets can get hacked by virus/trojan and this can lead to compelte losss of bitcoins.

the best option is keep the wallet offline., there are hardware wallets available., if you really need something very secure., then hardware wallets is the only option for now.,

275  Bitcoin / Bitcoin Discussion / Re: Sending bitcoin without the miner fees ! on: July 13, 2017, 05:41:47 PM
there are only two possibilities, either it gets through or it doesnt.,
worst case scenario , you will get yours bitcoins back, idk when but either instant or eventually., else it gets processed, as in mined by miners.
276  Bitcoin / Bitcoin Discussion / Re: Bitcoin is instant way to get rich ? on: July 13, 2017, 05:39:31 PM
in my opinion, the bitcoin ship has near about sailed.

what i mean is there is not much much chance to get 10 fold or 20 folds of your initial investment in short period as you said in title., but what bitcoin do is make rich person, super rich.
lets say you invest 1 dollar in bitcoin and bitcoin price increases 10 folds now you have 10 bucks. its still nothing as per day to day transactions.

but lets say, you invest 1 million bucks in bitcoin and price increases 10 folds., now you have fucking 10 million bucks., and that is way better option than any other option available out there to get 10 fold return on any investment. but its not instant., it will take time as in 2-5 years.
277  Economy / Trading Discussion / What does 'Pump and Dump' means in crypto trading ? on: July 11, 2017, 02:04:03 PM
hi all.,

i am not a day trader , so i dont know much about these terms.,

there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,

from basic understanding dump means DROP,
does the PUMP means buy ?






278  Other / Politics & Society / Is there going to be WAR in China and India ? on: July 11, 2017, 01:15:12 PM
if you watch the news then must have known there are some tense situations on border of India-Bhutan-China tri-border

there are Indian and Chinese troops in standoff .

1) do you think there will be war between India and China ?

2) How will it affect India ? or China

imho, war is never the solution .,
279  Other / Off-topic / Re: Do you smoke weed? on: July 11, 2017, 01:05:48 PM
Of course! Marlboro is my favorite one Cool

since when does Marlboro , makes and sells weed ?
280  Bitcoin / Bitcoin Discussion / Re: Are you scared to hold until August 1? on: July 11, 2017, 12:59:42 PM
scared ? not much.
when i invested in btc , i only invested that much which i am ready to loose if something goes wrong., so i am alrady prepared., in worst case scenario.

but in best case, its a win win.

so i am holding on to my btc.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 19 20 21 22 23 24 25 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!