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Author Topic: how strong is bitcoin really?  (Read 51927 times)
tee-rex
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December 31, 2016, 10:16:11 AM
 #661

Bitcoin already become cyber space gold. It is the de facto standard for cyber cash. It has large adoptions and is going to all domains. I'd expect bitcoin to hit $2000 in a year or two.
As the economy of bitcoin is becoming stronger, we must also ensure that our wallets are very secure so the moment we will decide to cash out with a big profit, we will be able to realize our dreams. We cannot stop what is happening now, it seems like people are really coming in and they are creating demand which dictates the price go to up consistently.
Indeed, the price of the bitcoin has got this far because people are able to hold their BTC and wait and be patient.

This price has brought a lot of people with it and that will create a huge demand on it so the longer we hold the more the price gets higher and higher, so for us as a community we have to be aware of that and how we must manage our balances.

Is it really useful to hold and wait till the price grows, and what's next? It makes sense to wait indefinitely long if you mined your stash of bitcoins when Bitcoin was worth next to nothing. In that case, you basically lose nothing, only paper profits. But holding for better prices when you bought the coins at $900 can be suicidal. Just imagine that the price goes down a few hundred dollars and stays there for a few years. Are you ready to wait that long?
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December 31, 2016, 10:37:20 AM
 #662

Bitcoin already become cyber space gold. It is the de facto standard for cyber cash. It has large adoptions and is going to all domains. I'd expect bitcoin to hit $2000 in a year or two.
As the economy of bitcoin is becoming stronger, we must also ensure that our wallets are very secure so the moment we will decide to cash out with a big profit, we will be able to realize our dreams. We cannot stop what is happening now, it seems like people are really coming in and they are creating demand which dictates the price go to up consistently.
Indeed, the price of the bitcoin has got this far because people are able to hold their BTC and wait and be patient.

This price has brought a lot of people with it and that will create a huge demand on it so the longer we hold the more the price gets higher and higher, so for us as a community we have to be aware of that and how we must manage our balances.

Is it really useful to hold and wait till the price grows, and what's next? It makes sense to wait indefinitely long if you mined your stash of bitcoins when Bitcoin was worth next to nothing. In that case, you basically lose nothing, only paper profits. But holding for better prices when you bought the coins at $900 can be suicidal. Just imagine that the price goes down a few hundred dollars and stays there for a few years. Are you ready to wait that long?

Yes, buying at the $900 is a suicidal move. But I guess many of us here has been holding bitcoins since then and once the price is kinda acceptable and good to sell, then we will just simply sell it. Maybe there are some people or whales who are holding a lot of bitcoins for their life and I don't know how it has something to do with bitcoins strength.



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December 31, 2016, 11:25:41 AM
 #663

Bitcoin isn't strong because it has good military or secure wallets.

It's strong because it is built on fundamental principles of cryptography - and math taken to higher levels can lead to wondrous advancements when applied in varying fields.


Helping to create the world's first loving economy, not something based on fear or greed. Principles of love, abundance, consistency, automation, decentralisation, open source, economic multifunctionality. Scientific analysis will be uploaded to my site shortly for peer review.
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December 31, 2016, 11:49:06 AM
 #664

Bitcoin already become cyber space gold. It is the de facto standard for cyber cash. It has large adoptions and is going to all domains. I'd expect bitcoin to hit $2000 in a year or two.
As the economy of bitcoin is becoming stronger, we must also ensure that our wallets are very secure so the moment we will decide to cash out with a big profit, we will be able to realize our dreams. We cannot stop what is happening now, it seems like people are really coming in and they are creating demand which dictates the price go to up consistently.
and as the users of bitcoin are increasing it also increase and make more stronger the potion of bitcoin, actually is the users who are making bitcoin more and more stronger, hope in future bitcoin is going to become more stronger.

Definitely, everyday bitcoin's users number increasing, also we have a proof of its price, everyday it is increasing, its sure us that bitcoin would be go high in future.
But about the thread, in my eyes, bitcoin's wallet have a safe ways, also i don't think that any calculation is here that it can help in gambling. Gambling is pure luck game, So luck don't need calculation.

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December 31, 2016, 11:52:16 AM
 #665

Bitcoin already become cyber space gold. It is the de facto standard for cyber cash. It has large adoptions and is going to all domains. I'd expect bitcoin to hit $2000 in a year or two.
As the economy of bitcoin is becoming stronger, we must also ensure that our wallets are very secure so the moment we will decide to cash out with a big profit, we will be able to realize our dreams. We cannot stop what is happening now, it seems like people are really coming in and they are creating demand which dictates the price go to up consistently.
security would be one thing that should be kept. by guaranteeing security wallet then we can make bitcoin be the strength of the world economy. The world community wants a convenient way of payment and also have a high level of security.

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XENIO









......BLOCKCHAIN FOR GAMERS......
▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬
TWITTER   REDDIT   FACEBOOK   SLACK


















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December 31, 2016, 11:55:58 AM
 #666


It would be nice if approved brokers accept Bitcoin.
Bitcoin is then in the spotlight!
I would then choose the option to pay with Bitcoin is now with transfer of bank account
I hope Bitcoin become even stronger over the years and you can pay anywhere.
I've built up a nice portfolio Bitcoin and will only increase in value
... Bitcoin allows many opportunities in the future
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December 31, 2016, 02:31:20 PM
 #667


It would be nice if approved brokers accept Bitcoin.
Bitcoin is then in the spotlight!
I would then choose the option to pay with Bitcoin is now with transfer of bank account
I hope Bitcoin become even stronger over the years and you can pay anywhere.
I've built up a nice portfolio Bitcoin and will only increase in value
... Bitcoin allows many opportunities in the future

I heard one ETF will come to the market next year.

burner2014
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December 31, 2016, 02:57:52 PM
 #668

We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this
Your friend is kidding right? Maybe when he/she said that he doesn't really know what bitcoin is because if he does, he wouldn't say those stupid things.
Tell your friend to do more research and start hacking it if he can then that's the time we will eat our words. 

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XENIO









......BLOCKCHAIN FOR GAMERS......
▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬▬▬ ⬢ ⬢ ▬▬▬▬▬
TWITTER   REDDIT   FACEBOOK   SLACK


















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December 31, 2016, 03:13:47 PM
 #669

We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this
Your friend is kidding right? Maybe when he/she said that he doesn't really know what bitcoin is because if he does, he wouldn't say those stupid things.
Tell your friend to do more research and start hacking it if he can then that's the time we will eat our words. 

That's very funny that someone can just simply hack the whole blockchain technology with just a calculator. And I don't even think that it can easily predict a games outcome because if he is talking about gambling, it is a total game of luck and there is no certain measurements that can give you assurance for it. I don't know what came to the mind of his friend.



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.BITVEST DICE.
HAS BEEN RELEASED!


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January 08, 2017, 01:05:35 PM
 #670

bitcoin cost speak for you itself. Price not nada dramatically, but only fluctuates within reason. And this point is already enough to make money on the trade.
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January 08, 2017, 01:36:36 PM
 #671


It would be nice if approved brokers accept Bitcoin.
Bitcoin is then in the spotlight!
I would then choose the option to pay with Bitcoin is now with transfer of bank account
I hope Bitcoin become even stronger over the years and you can pay anywhere.
I've built up a nice portfolio Bitcoin and will only increase in value
... Bitcoin allows many opportunities in the future

I heard one ETF will come to the market next year.
The price of bitcoin will always fluctuate. This is the meaning of earnings in trade. Trade exchanges will specifically raise the price to drop, and then suddenly make a stir in the market.
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January 08, 2017, 01:58:10 PM
 #672

It is not the first message in the news I hear about that more and more banks are testing blockchain technology and it seems to me that this is a very major impact on the policy regarding bitcoin in a good way.
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January 08, 2017, 02:19:30 PM
 #673


It would be nice if approved brokers accept Bitcoin.
Bitcoin is then in the spotlight!
I would then choose the option to pay with Bitcoin is now with transfer of bank account
I hope Bitcoin become even stronger over the years and you can pay anywhere.
I've built up a nice portfolio Bitcoin and will only increase in value
... Bitcoin allows many opportunities in the future
Before the new year the price of bitcoin became very moving. Many rushed to buy all bitcoin is cheaper in their opinion. But in the future this figure may be artificially reduced again. Let's see what will happen after the holidays.
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January 08, 2017, 02:31:37 PM
 #674

Bitcoin already become cyber space gold. It is the de facto standard for cyber cash. It has large adoptions and is going to all domains. I'd expect bitcoin to hit $2000 in a year or two.
As the economy of bitcoin is becoming stronger, we must also ensure that our wallets are very secure so the moment we will decide to cash out with a big profit, we will be able to realize our dreams. We cannot stop what is happening now, it seems like people are really coming in and they are creating demand which dictates the price go to up consistently.
security would be one thing that should be kept. by guaranteeing security wallet then we can make bitcoin be the strength of the world economy. The world community wants a convenient way of payment and also have a high level of security.

What's been quoted by above mate is already satisfied by the technology as well the security aspects behind the success. Its really hard to get into the wallet of the users. Convenience is always been provided by the bitcoin, also now the important thing needed is the convenience and understanding of the technology by the common people who are not much into technology.



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pyata4ok
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January 08, 2017, 02:38:40 PM
 #675

Bitcoin already become cyber space gold. It is the de facto standard for cyber cash. It has large adoptions and is going to all domains. I'd expect bitcoin to hit $2000 in a year or two.
As the economy of bitcoin is becoming stronger, we must also ensure that our wallets are very secure so the moment we will decide to cash out with a big profit, we will be able to realize our dreams. We cannot stop what is happening now, it seems like people are really coming in and they are creating demand which dictates the price go to up consistently.
security would be one thing that should be kept. by guaranteeing security wallet then we can make bitcoin be the strength of the world economy. The world community wants a convenient way of payment and also have a high level of security.

What's been quoted by above mate is already satisfied by the technology as well the security aspects behind the success. Its really hard to get into the wallet of the users. Convenience is always been provided by the bitcoin, also now the important thing needed is the convenience and understanding of the technology by the common people who are not much into technology.
How then to solve legal problems if you suddenly need arises. After all, because of the anonymity of purses nobody can prove his right to a particular action or coins.
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January 08, 2017, 02:54:21 PM
 #676

How then to solve legal problems if you suddenly need arises. After all, because of the anonymity of purses nobody can prove his right to a particular action or coins.

By cryptographically signing a message you can always prove that you own the private key to one or more addresses in a wallet. It has always been that way - you get to choose if you want to reveal ownership of coins.
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January 08, 2017, 07:21:40 PM
 #677

Bitcoin already become cyber space gold. It is the de facto standard for cyber cash. It has large adoptions and is going to all domains. I'd expect bitcoin to hit $2000 in a year or two.
As the economy of bitcoin is becoming stronger, we must also ensure that our wallets are very secure so the moment we will decide to cash out with a big profit, we will be able to realize our dreams. We cannot stop what is happening now, it seems like people are really coming in and they are creating demand which dictates the price go to up consistently.
security would be one thing that should be kept. by guaranteeing security wallet then we can make bitcoin be the strength of the world economy. The world community wants a convenient way of payment and also have a high level of security.
although  bitcoins wallets have mostly strong security procedure, but still as your fiat banks are not 100 % secure as there are so many cases of bank . so i think still online wallets  needs to be more stable so that people can use online wallet for investing their money without any doubt.

deadpoolx
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January 08, 2017, 07:32:55 PM
 #678

Bitcoin already become cyber space gold. It is the de facto standard for cyber cash. It has large adoptions and is going to all domains. I'd expect bitcoin to hit $2000 in a year or two.
As the economy of bitcoin is becoming stronger, we must also ensure that our wallets are very secure so the moment we will decide to cash out with a big profit, we will be able to realize our dreams. We cannot stop what is happening now, it seems like people are really coming in and they are creating demand which dictates the price go to up consistently.
security would be one thing that should be kept. by guaranteeing security wallet then we can make bitcoin be the strength of the world economy. The world community wants a convenient way of payment and also have a high level of security.

What's been quoted by above mate is already satisfied by the technology as well the security aspects behind the success. Its really hard to get into the wallet of the users. Convenience is always been provided by the bitcoin, also now the important thing needed is the convenience and understanding of the technology by the common people who are not much into technology.
These are relevant aspects, one of the most incredible things about Bitcoin is that in addition to allowing users to have a decentralized payment system, Bitcoin also allows things to happen simply, without major complications. There is no bureaucracy to have a BTC wallet, for example. This certainly makes things easier for people who don't have a bank account, because a computer or a smartphone is enough to create a btc wallet.
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January 08, 2017, 08:09:58 PM
 #679

i think still online wallets  needs to be more stable so that people can use online wallet for investing their money without any doubt.
Even for online wallets, there were no frequent history of getting hacked. Only few bitcoin exchanges got hacked and people start thinking about web wallet's security due to this. Still, unlike desktop wallets, we cannot be sure with web wallets all the time as there are possibility of security breach in any web wallets services.


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bitbob82
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January 09, 2017, 12:40:31 AM
 #680

i think still online wallets  needs to be more stable so that people can use online wallet for investing their money without any doubt.
Even for online wallets, there were no frequent history of getting hacked. Only few bitcoin exchanges got hacked and people start thinking about web wallet's security due to this. Still, unlike desktop wallets, we cannot be sure with web wallets all the time as there are possibility of security breach in any web wallets services.
bitcoin is becoming stronger and stronger from time to time as more and more people are entering in the field of bitcoin . now people are investing a  a big amount in bitcoin which is also turning bitcoin more stronger.

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