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Showing 20 of 52 results by Agios
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Board Bitcoin Discussion
Re: Russian tool will make your transactions transparent
by
Agios
on 19/08/2020, 12:37:50 UTC
As long as we don't violate government regulations, we don't need to worry about the Transparent Blockchain, and any systems that will be implemented in the future. Funding or using bitcoin for terrorism or money laundering will benefit law enforcement officials to take action. The fastest law enforcement officers can catch criminals within 1 day. The tracking process can be done by accessing a blockchain site that contains historical bitcoin information.
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Board Altcoin Discussion
Re: Do you agree with the experts?
by
Agios
on 19/08/2020, 00:19:47 UTC
I always follow forecasts and comments, experts in social media and forums, but I always try to filter the news because not all of their opinions are correct, Corona has influenced the global economy, many people from developing countries experience economic difficulties while staying at home (lockdown), many people looking for alternatives with additional income, one of them with crypto. since the beginning of March the Bitcoin wallet has increased in number, and the demand has increased and the price has gone up and yesterday it reached $ 12 thousand, although now it has dropped again but many predict Bitcoin will be $ 15 thousand by the end of September.
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Topic
Board Altcoin Discussion
Re: Crypto currency is all about Hodling.
by
Agios
on 19/08/2020, 00:03:42 UTC
Hodling crypto or investing is actually the same as passive crypto trading, we can use the same principle, namely buying when the price of crypto is cheap and selling crypto when the price goes up. In crypto trading passives, we don't need detailed technical and fundamental analysis like day trading. but my advice, don't use new crypto as hodling crypto.
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Topic
Board Bitcoin Discussion
Re: Good news
by
Agios
on 18/08/2020, 13:05:33 UTC
When we talk about the hash rate, we are talking about fundamental analysis, about the extent to which we can explore the fundamental situation of blockchain technology, in this case Bitcoin.
So, from the miners' point of view, the higher the ASIC mining specifications, the more likely it is to have a bigger chance than other miners with lower specifications, especially if there are more ASIC mining units.

Impact on the Bitcoin Price
Well, when talking about this the answer is quite difficult. But, let's look a little further back with this assumption: If the hash rate is high, the miners will be more confident about buying Bitcoin in the market. There are also more or less miners, but the ASIC miner specifications are higher than before.
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Topic
Board Bitcoin Discussion
Re: Someone booked a hotel using bitcoin
by
Agios
on 18/08/2020, 05:43:40 UTC
It is not a Thai country that allows Bitcoin and Altcoin as a medium of exchange, but Travala.com which offers multi payment options, Credit card, USDT, Bitcoin and Altcoin etc.
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Board Bitcoin Discussion
Topic OP
How to Buy Bitcoin Cheaper
by
Agios
on 18/08/2020, 05:30:19 UTC
All traders want to always buy Bitcoin at a price cheaper than the market price. Apart from buying and selling on the ordinary, centralized crypto asset exchange, there is another option, namely a peer-to-peer exchange. In this exchange, asset prices are not “regulated” by the exchange manager, but directly by the users. In principle, a peer-to-peer (P2P) exchange is a crypto asset exchange that is similar to an online shop, aka a marketplace. The role of the stock exchange manager is only to bring together the seller and buyer of assets directly on one platform. In other words, for example, if you want to sell Bitcoin, you have a trading booth on that platform. It is also possible to place ads on that platform by specifying the selling price of the asset. The advantage of an exchange like this is that the seller is free to determine the selling price as he wishes and the buyer can freely look for price variations on the exchange. Buyers can even get a much cheaper price than buying on a regular exchange.
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Board Bitcoin Discussion
Re: Covid-19 and Bitcoin
by
Agios
on 16/08/2020, 16:26:24 UTC
Bitcoin is considered as an alternative to increase income amid the economic crisis due to the COVID-19 pandemic, because Bitcoin continues to perform well, amid the economic slowdown due to this pandemic. For example, in March 2020, the outlook for crypto assets looked weak when the price of Bitcoin (BTC) dropped dramatically in a week but then bounced to its current high, as trading volume tripled.
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Topic
Board Altcoin Discussion
Re: Bitcoin reach to $100K ?
by
Agios
on 15/08/2020, 04:02:18 UTC
Bitcoin $ 100K ,? in the long term maybe it can happen, at least after all Bitcoin is mined, the price will stabilize, because the demand increases while the supply is fixed, the game of whales will be implemented to control the circulation of Bitcoin.
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Topic
Board Bitcoin Discussion
Topic OP
Bitcoin Rise Due to Lower US Dollar?
by
Agios
on 15/08/2020, 00:33:57 UTC
No one can predict the future, but increasing global debt, slow economic growth and expanding central bank balance sheets have the potential to weaken the dollar and investors seek safe areas in assets like gold and Bitcoin.

In recent weeks, the price of Bitcoin appears to have been driven by one main factor, namely the weakening of the US dollar. This correlation is evident when comparing the US dollar index against Bitcoin.
The inverse correlation between Bitcoin and the US dollar is supported by technical analysis on the price chart. The Rekt Capital Twitter account supports the analysis, that Bitcoin has broken an important resistance level. Bitcoin price is unlikely to fall below that level, which is at the level of US $ 8 thousand.

In addition, Bitcoin was successfully closed at the weekly price above the US $ 11,400 resistance area.
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Topic
Board Bitcoin Discussion
Re: Why is bitcoin so unstable?
by
Agios
on 14/08/2020, 16:38:11 UTC
Gold has been used by people as a safe heaven, while bitcoin is not currently used as a store of value but as an investment (make profit). Bitcoin is also very easily influenced by news, and the state of the global economy.
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Topic
Board Altcoin Discussion
Re: How Staking Is The Next Step In Crypto
by
Agios
on 12/08/2020, 02:50:33 UTC
I have tried several coin staking but often have trouble with both the desktop wallet or the coin itself which always goes down in price, finally I found Reddcoin as a coin staking on the desktop, the price of the coin is very cheap but rather stable, it's also very easy to just download RDD latest desktop wallet. fill the balance, and only open the wallet every time you open the desktop and while surfing the internet.
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Board Bitcoin Discussion
Topic OP
Is it possible that the 51 Percent Attack on Bitcoin could Happen?
by
Agios
on 12/08/2020, 02:30:20 UTC
51 Percent Attack is an attack on blockchain that dominates 51 percent of its overall computation rate (hash rate). Assuming the current Bitcoin blockchain hash rate is 126.13 Exahash per day, then 51 Percent Attack should be able to dominate up to 64.3263 Exahash per day.

In this case, the Bitcoin miners have the potential to carry out the attack, because they are the ones who have the greatest resources. The fact is that currently, the Bitcoin mining hash rate globally is controlled by miners from China which reaches 2/3 or around 66.66 percent. This means Bitcoin miners from China, if they want, they can do a 51 Percent Attack on the Bitcoin blockchain.

If you ask why they don't want to attack, the answer is simple, because it will mess with the Bitcoin ecosystem itself, including the crypto asset ecosystem in general. There will be distrust of Bitcoin, which in turn reduces the value and degree of Bitcoin itself. However, the chances of success at 51 Percent Attack are also uncertain. This means that considering the enormous cost per day, then the likelihood of confusion and uncertainty, hackers have to think a thousand times.
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Topic
Board Bitcoin Discussion
Topic OP
3 Ways to Hack Bitcoin
by
Agios
on 12/08/2020, 01:43:48 UTC
There are currently three ways to steal Bitcoin. First, hackers infect crypto asset exchange servers with special malware via e-mail, websites and popads and infiltrate devices. This happened with the Binance hack last year.
Second, take apart the Bitcoin hardware wallet and get the seed phrase. This has been practiced by Kraken against Trezor.
Third, hacking into the Bitcoin blockchain network itself through “51 Percent Attack”. This third method is considered expensive, but has the potential to get the largest loot than the other two methods. This third method, according to observers, will cost up to US $ 21 million.
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Topic
Board Bitcoin Discussion
Re: Will the need to increase BTC's max supply arise in the future?
by
Agios
on 11/08/2020, 00:06:44 UTC
In the opinion of many experts, the amount of Bitcoin is exactly 21 million coins, if the Bitcoin supply is enlarged / added, the price of bitcoin will become unstable and will even decrease drastically, they predict that if Bitcoin has been mined all, then the price will be more stable and expensive, so the miners will get adequate fees. most importantly the circulation of the amount of Bitcoin can be evenly distributed throughout the world, and there is no Bitcoin monopoly by the whales.
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Topic
Board Altcoin Discussion
Re: Which Stable coin is the Best for Investment This Year
by
Agios
on 10/08/2020, 12:29:19 UTC
The title of this post is inaccurate, because the intention of investing is to sacrifice present wealth in order to gain future profits while Stablecoins have a fixed value both peged with gold and fiat money. And the change in the price of a stable coin depends on the rate of inflation, not by supply and demand, so it is more suitable as crypto deposits or storings. also the title of this post needs to be changed.
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Topic
Board Altcoin Discussion
Re: How Staking Is The Next Step In Crypto
by
Agios
on 10/08/2020, 00:58:13 UTC
I do crypto staking on the desktop just for fun not as a business (prioritizing profit), like we save money in the bank and earn interest, I always increase the amount of crypto if there is idle crypto, and if one day if the amount is possible, I will take and exchange crypto staking with other cryptos.
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Topic
Board Bitcoin Discussion
Re: Profitable days of holding bitcoin percentage (98.5%)
by
Agios
on 09/08/2020, 00:41:33 UTC
Although there is an assumption that history will repeat itself, as holders of Bitcoin (invest), we don't need to bother thinking about fundamental factors, but how we can profit from Bitcoin, of course, must be with the principle of buying cheap and selling expensive.
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Topic
Board Bitcoin Discussion
Re: Why most people think Bitcoin is a scam?
by
Agios
on 08/08/2020, 13:12:12 UTC
Even though Bitcoin is 11 years old, many people don't understand Bitcoin, so many people (not users) think of Bitcoin as:
1. Ponzi schemes
2. BTC is a speculation bubble
3. Bitcoin exchanges are often Hacked
4. There is an assumption that BTC is too complicated to use
5. Bitcoin is not transparent and anonymous
6, Bitcoin facilitates money laundering.
7. Bitcoin is nothing more than a store of value and commodities
     not as a medium of exchange.

So I think it is very important for us to introduce Bitcoin to people around us, either via Whatsapp or live chat.
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Topic
Board Altcoin Discussion
Re: Crypto Become Universal Money?
by
Agios
on 07/08/2020, 04:53:42 UTC
This is impossible, if crypto is used as a means of payment or universal money. because every country has rules to protect the economic and financial system, although in countries that accept crypto as a means of payment such as Japan, not all stores accept crypto, only for certain regions and stores. Also international traders have not been able to accept crypto because of its volatile value.
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Topic
Board Bitcoin Discussion
Re: Forecast John McAfee $500,000
by
Agios
on 07/08/2020, 04:38:24 UTC
However, not until the end of 2020, on (30 May 2020)
McAfee said that his prediction was an absurd humor.

Are you one of those who doesn't see absurd humor in it? If Bitcoin reaches US $ 1 million, then its market capitalization will be greater than the GDP of all countries in the North American region. What kind of fool could believe such nonsense?

https://twitter.com/officialmcafee/status/1266734176235126785?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1266738999202394113%7Ctwgr%3%A&refohn_url=httm.id3Fee-chain.id about-price-bitcoin-us1-million-is-humor% 2F