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Author Topic: Make bitcoin?impossible?  (Read 2275 times)
pogress
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August 11, 2016, 04:52:12 PM
 #21

it is impossible for people to create bitcoins just like print the money, in my opinion it is one of the things what makes bitcoin a perfect currency

Obviously you cant create Bitcoins yourselves to be used on the Bitcoin blockchain, with Bitcoin public ledger everyne can check its not valid transaction.

But any service where you deposit your real Bitcoin while you get Bitcoin IOU back can create as many Bitcoin IOUs out of thin air for their users as they want, but obviously converting these Bitcoin IOUs back to real Bitcoin which can be used on blockchain can be sometimes very tough task, as the Bitfinex shoved.
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August 11, 2016, 05:08:32 PM
 #22

Your question is not clear mate, but if you are asking about creating another altcoin (crypto currency) the answer is yes, you can create it but you have to make it unique to encourage people mining it.
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August 11, 2016, 05:27:46 PM
 #23

Hey all,i'm just curious.

Why we not made own bitcoin like on real world make 'fake money'?

If we make bitcoin like we make real money thats possible or not?

Your question is not clear to us,to fully understand how blockchain and bitcoin works you should read more about this subject you can to coindesk,they had lots of good articles there and youtube also has a lot of great videos that can explain further everything you need to know about bitcoin..

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August 11, 2016, 05:32:36 PM
 #24

Your question is not clear mate, but if you are asking about creating another altcoin (crypto currency) the answer is yes, you can create it but you have to make it unique to encourage people mining it.
I believe he's asking about whether or not we have the ability to print our own Bitcoin and break the 21m limit that the blockchain has. I could be wrong, but it definitely seems like he wants to be able to get Bitcoin for free and not have to mine it or anything. Which could make sense for someone just starting out.
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August 11, 2016, 05:35:11 PM
 #25

Your question is not clear mate, but if you are asking about creating another altcoin (crypto currency) the answer is yes, you can create it but you have to make it unique to encourage people mining it.
yeah it is actually possible in my opinion, it is even possible to make the copy of bitcoins though it would be just an altcoin that would be worth nothing

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August 11, 2016, 05:40:01 PM
 #26

Hey all,i'm just curious.

Why we not made own bitcoin like on real world make 'fake money'?

If we make bitcoin like we make real money thats possible or not?


Real bitcoins is present in the world, As I have read in one news. there is ATMs in European countries and If you put your fiat currency and It will return back equivalent fiat which is coded with private key for that specific amount of bitcoin.
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August 11, 2016, 05:45:29 PM
 #27

You could print BTC logos into pieces of paper with your home printer then ask people around whether they would exchange their fiat money for your "BTCs"  Cheesy

Nah, don't, I doubt that action would bring you any good eventually.

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August 11, 2016, 05:54:29 PM
 #28

Hey all,i'm just curious.

Why we not made own bitcoin like on real world make 'fake money'?

If we make bitcoin like we make real money thats possible or not?
yes you could make a copy cat for bitcoin it is possible to do so but first of all you must figure out satoshi nakamoto

because only him or them could make bitcoin and if you had found him/them just asking how to create bitcoin
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August 11, 2016, 05:56:32 PM
 #29

 How many people have bank cards in this moment? We receive salary there, we pay with that card everywhere, we don't see that money, they just transferring money from place to place and we pay fee's for that. 30 years ago that was just a dream, now we have people who are fighting against it but world is found and doesn't wait for anyone.

 Bitcoins are strange thing for many, but for 20 30 years people will use it more then now, and just few conservative groups will fight against it. In modern times there will be no need for physical money in my opinion.
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August 11, 2016, 05:59:56 PM
 #30

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August 11, 2016, 06:08:55 PM
 #31

bitcoin is digital currency that is not physically, making it difficult for people to make false bitcoin.

whereas fiat physically, so it was easier if people make money with fake physical.

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August 12, 2016, 06:55:08 AM
 #32

Hey all,i'm just curious.

Why we not made own bitcoin like on real world make 'fake money'?

If we make bitcoin like we make real money thats possible or not?
That is impossible for the simple fact that every transaction is recorded in the blockchain and there has not really been any way for breaching it and placing a fake transaction or generating the so called 'fake' bitcoins.
'Fake transaction' are handled and it is not possible as double spending are eliminated with bitcoin network confirmations.
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August 12, 2016, 07:03:26 AM
 #33

bitcoin is digital currency and to make it real it will be long time ahead, first that needs to accepted as legal currency many countries , popularity should grow . on fiat money depends on economic growth of the countries  and where as bitcoin is crypto currency.

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August 12, 2016, 08:08:14 AM
 #34

i can't imagine if bitcoin can be made by physical coins. i wonder how it will be look like? is it like a gold medal with letter of B in the middle of the coins? what physical bitcoin material will be made, from gold or what? hmm i just curious if this is happen.

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August 12, 2016, 08:27:57 AM
 #35

If you could "make" Bitcoin besides mining them,then Bitcoin wouldn't have a price, it would be worthless due to infation alone.

sure, i secondly that this..!!!
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August 12, 2016, 11:11:07 AM
 #36

they should make coins with a small computer, containing Bitcoins, then you can swap them with each other just like physical money.  Cool
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August 12, 2016, 11:11:30 AM
 #37

Hey all,i'm just curious.

Why we not made own bitcoin like on real world make 'fake money'?

If we make bitcoin like we make real money thats possible or not?

So you are asking if there is a way to create fake bitcoins like the criminals who create fake paper money?

I don`t think that there is a way.

If there was a way to produce fake bitcoins,the btc price will colapse. Sad

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August 12, 2016, 11:26:49 AM
 #38

It is not possible to make bitcoin direct from laptop without any mining device, it require very huge investment to buy some mining devices to generate bitcoins, I can't say this it's impossible to make bitcoin but with the help of these devices we can make bitcoins for us.
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August 12, 2016, 11:32:54 AM
 #39

It is not possible to make bitcoin direct from laptop without any mining device, it require very huge investment to buy some mining devices to generate bitcoins, I can't say this it's impossible to make bitcoin but with the help of these devices we can make bitcoins for us.

OP is one of those guys who asked something with terrible English and ran away never showing up to clarify his own question.
and i am sure since he said "like fake money" he is not talking about earning bitcoin, instead he may be thinking about making fake bitcoin which is not possible as it was explained before.

--looking for signature--
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August 12, 2016, 11:33:28 AM
 #40

I will assume that "real money" means "physical money" and "fake money" means "virtual money"  since I didn't fully understand what you are trying to say here.
If you mean physical coins , then I guess they was creating them at some point and for some reasons they stopped ? I'm not sure why , see here : http://www.coindesk.com/10-physical-bitcoins-good-bad-ugly/
I think he meant can we create a counterfeit bitcoin like there is a counterfeit real currency?
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