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Showing 20 of 211 results by Anfisman
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Board Bitcoin Discussion
Re: Suggest me a bitcoin wallet
by
Anfisman
on 07/10/2017, 13:06:40 UTC
*sorry if this topic is not suitable here,but i need help.

Hi,
I am using coinbase since from the start. But now i want to change my bitcoin wallet. Since coinbase disabled the sign message option for the users,i want to leave them permanent and badly need a secure wallet for my hardly earned bitcoin.

I don't want to download the full blockchain, and don't know which wallet is safe and easy for me.So please help me out.

I have only coinbase wallet, i never used any other wallet.

As a bitcoin user we must have a wallet as a place to save our bitcoin and do exchange with the wallet. I recommend some wallet that has been trusted and has a good security system.

1. Blockchain
Blockchain is the technology behind Bitcoin's turnaround itself, so its superiority as a provider of Bitcoin wallet is definitely beyond doubt.

2. Coinbase
Coinbase is a Bitcoin wallet provider site based in San Francisco, USA. Coinbase's credibility and functionality is not much different from Blockchain.

3. Xapo
Xapo not only operates as a Bitcoin wallet provider, but also a Faucet site that can provide free Bitcoin to users.

Here are some wallets that can be used to store our bitcoin. please choose what you think is best.
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Topic
Board Bitcoin Discussion
Re: Should I invest In Bitcoin?
by
Anfisman
on 07/10/2017, 06:25:11 UTC
Should I Invest In Bitcoin?

Yesterday I read an article with title "Bitcoin Investment promises unlimited profits". I see this title is quite exaggerated, but is not wrong too. One that keeps people interested to investing their money with bitcoin is because bitcoin offers multiple benefits over the issued capital, and this makes people use their money and even their savings to buy bitcoins. But of course bitcoin investment is a long-term investment that can not be felt only in one night. It takes a long time to be able to maximize the profit will we get from bitcoin.
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Topic
Board Speculation
Re: Bitcoin now Down more!
by
Anfisman
on 07/10/2017, 05:53:58 UTC
Bitcoin now Down more, about 3900 usd.
I thinking bitcoin price would be up to 5000 usd after the month of October.  Its only my personal opinion.  It can be? or not? anyone explain?  Can you tell when the price can be grow more?

Advance thanks  Cool

It will be possible that bitcoin prices will rise up to $ 5000 by the end of October, if the second hardfork is successful then this possibility of bitcoin prices will increase become bigger. If we go back in early August before hardfork done bitcoin prices around $ 2900 and after hardfork bitcoin prices even reach $ 4900, it's very close to $ 5000, so I'm sure bitcoin prices can reach $ 5000 by the end of this month.
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Topic
Board Speculation
Re: Another Bitcoin fork on 25 October
by
Anfisman
on 07/10/2017, 01:47:31 UTC
What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin
Will price of bitcoin go down
Will new coin get popularity like bch Roll Eyes


Since 1st of August bitcoin has done the first hardfork, and this also introduces bch (bitcoin cash) to the public, since hardfork finished bitcoin price up the drasti even almost reach $ 5000 per btc. In this month again the second hardfork will be planned on 25th. And one of the main topics will be the release of btg (bitcoin gold), I expect bitcoin prices to go back up after this process is completed.
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Topic
Board Bitcoin Discussion
Re: How to secure your wallet once and for all!
by
Anfisman
on 06/10/2017, 23:39:43 UTC
The wallet function in the bitcoin world is very important because it is like a place that saves our treasure, so the place really should be safe and can not be known by others. there are some things I want to recommend for our bitcoin wallet is always safe.

1. Don't Distribute Your Private Wallet to Public
Never give our Privat Key Wallet to others, because this is a very sensitive part.

2. Provide Stronger Passwords
use a combination of uppercase, lowercase and numbers when creating password on our wallet.

3. Enabling Two Factor Authentification
Online-based wallets usually provide this service to provide extra security on our wallet.

4. Don't Store Bitcoins on the Exchange Website
Never store large amounts of Bitcoins on the Exchange website for a long time.
Post
Topic
Board Speculation
Re: Why is Bitcoin Price So Fluctuating?
by
Anfisman
on 06/10/2017, 22:56:20 UTC
Currently the bitcoin price movement very volatile and very difficult to predict, but it makes traders take advantage from it to make a profit. But this highly volatile price is still complained by bitcoin hunters around the world. I think there are two things that affect the price of bitcoin, including:

1. Small volume of scattered bitcoin
Bitcoin prices are determined in absolute terms by supply and demand. If many buy Bitcoin, then the price will go up and vice versa.
2. The sale of bitcoin on large scale at the same time
when the price of Bitcoin increases, then most people will sell their Bitcoin and if this happens simultaneously and involves many people, the bitcoin price will drop again.

and there are still many other factors affect by bitcoin prices.
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Topic
Board Speculation
Re: Bitcoin rise is over
by
Anfisman
on 06/10/2017, 10:53:30 UTC
what do you think about below chart?

I think bitcoin rise is over for now. Chart shows that we are in a buble and it should be corrected.
In addition if you look at the weekly chart end of 2013, you will see that it is similar to today.
Big correction may come soon



I don't think so, bitcoin prices can not only determined from the chart alone, many factors affect bitcoin prices, although the charts show nearly same data in 2013 with what is seen this year, it can not be used as a benchmark because bitcoin prices can change any time. and in my opinion the most decisive is the acceptance of people with bitcoin, more people receive bitcoin it will have an impact on bitcoin prices.
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Topic
Board Bitcoin Discussion
Re: Do you believe that digital currencies will replace Fiat?
by
Anfisman
on 05/10/2017, 13:56:15 UTC
I know it may not be possible right now, but do you think fiat will be gone in the future?

I think even though the rapid development of digital money today, digital money is still difficult to replace the role of fiat money in society, especially people who still live in the village or remote place. Currently most of the digital money is still used by urban communities where they live very possible to use the digital money. in my country, based on data released by banks, the demand for fiat money is still stable even up to five years ahead, because the needs of society is still high with fiat money for everyday transactions.
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Topic
Board Speculation
Re: I See bitcoin at $10,000 before end of this year.
by
Anfisman
on 05/10/2017, 03:43:04 UTC
Bitcoin prices have risen in early 2017, Bitcoin's estimated price could reach $ 7,000 later this year. The ongoing increase of Bitcoin price, seen from eight years earlier until now, is not surprising. Because at this time Bitcoin more promising. All Bitcoin users must understand Bitcoin's uniqueness, and moments like this have been waiting for many people. But about bitcoin prices will reach $ 10k by the end of this year, I still can not be sure.
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Topic
Board Speculation
Re: Less Volatility Is Needed?
by
Anfisman
on 04/10/2017, 23:03:11 UTC

I read somewhere that someone suggested that Bitcoin should have less volatility if it wants to be part of the mainstream financial system or be adopted by a greater part of the global population. The logic is that if there is too much volatility, the  would be less demand for Bitcoin.

Volatility has been identified as one of the most important barriers to its global adoption (though right now there is no question that Bitcoin is getting popular every day!) especially on the side of the merchants or business entities.

Now, we know that volatility can be minimized once more and more Bitcoin holders would be looking at Bitcoin more as a currency than a commodity but right now this is not yet happening because as the value of Bitcoin is rising we all become speculators.

Is volatility a thing we have to accept as a normal thing as far as Bitcoin is concerned?

Indeed already from the beginning bitcoin, it have very high volatility. Some happy about that and some are sad because they lose their funds. Actually no loss of funds. Their money just changed hands. Example "in the year 2013/2014 Bitcoin increased prices up to 1200 dollars and that time decreased drastic to 200 dollars. There is someone who buys Bitcoin at the price of $1200, then the price drops until $200. I think he does not lose if he can manage it by holding / hold Bitcoin until now, and see for yourself the bitcoin price in this year yesterday can reach almost 5000 dollars. You have nothing to lose but just change hands."
Volatility is a chance for traders. This is For daily traders and short-term investors not annual traders, Bitcoin's volatility provides a great opportunity to make a profit. By predicting short-term trends in Bitcoin properly, the traders can generate huge profits; far more than investors who have a buy-and-hold strategy like the story above.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Vs Ethereum
by
Anfisman
on 02/10/2017, 23:58:27 UTC
If you compare the two main cryptocurrency, namely Bitcoin and Ethereum, which one has the most promising future?
In terms of evolution, Bitcoin reached a maximum of roughly 4800$, whereas Ethereum reached roughly 394$: in other words, it is a potential increase of 33 % for Ethereum, but only 24% for Bitcoin.

Bitcoin is the world's first developed digital currency, after bitcoin released many other emerging digital currencies including Ethereum. But currently there are two top-ranking digital currencies, the first rank is bitcoin and second-ranked is ethereum, seeing the developments and opportunities of these two digital currencies, they look very promising in the future. so choosing both as an investment is the right choice.
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Topic
Board Bitcoin Discussion
Re: Bitcoin out of circulation
by
Anfisman
on 02/10/2017, 23:37:35 UTC
If some people has lots of bitcoin in their offline wallets and they die or lose memory.

Then those coins will be out of circulation right? Or is there any way to recover them?

The amount of bitcoin in circulation at this time is very limited, as time goes by the number of bitcoin will continue to decrease one of them because if some people have lots of bitcoin in their offline wallets and they die or lose memory. As a virtual currency, bitcoins are encapsulated in the form of digital files or known as wallet files. But wallet files stored on hard disk electronic equipment are very vulnerable to damage. In addition, viruses that attack the hard disk can also make stored bitcoins just disappear.

The digital wallet can also be hacked and stolen through malware. and the more painful is if we lose the bitcoin because of those, certainly the bitcoin will never come back to us.
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Topic
Board Bitcoin Discussion
Re: Bitcoin growth again, what to do?
by
Anfisman
on 02/10/2017, 23:14:10 UTC
Bitcoin growth again, for two days it's turn back his position 3960$ and continue to grow!
Should I go to bank and buy bitcoins?

Seeing the bitcoin price rise in the last few day, makes us all feel happy that the Bitcoin price is stabilizing at $ 4400, this is good news, it is expected that bitcoin prices will continue to rise this month so I think now is the right time to invest with bitcoin, because this will bring great profit to us. Especially in November again will be done the HardFork, if the same thing happened when the first HardFork, so the bitcoin price will be higher than today.
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Topic
Board Legal
Re: What would people face in china if they buy crypto ?
by
Anfisman
on 02/10/2017, 22:52:53 UTC
What would people face in china if they buy crypto ?

I see if the Chinese people buy cryptocurrency, then this will not bring anything to them will even make them lose, because their government has clearly closed the activities of ICO in their country, so even though they have digital currency, they can not do transactions in their country, will even be considered a crime if they continue to engage in activities related to cryptocurrency.
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Topic
Board Legal
Re: Bitcoin Legal Issues
by
Anfisman
on 02/10/2017, 22:26:45 UTC
Bitcoin Legal Issues is an important concern in relation to international financial law. Bitcoin is doing well but there are many legal questions need to be analysed in relation to Bitcoin and its standing point as Digital Financial Service. Bitcoin is an Electronic Cash System providing digital financial services globally but there are many speculations and wrong definitions are floating in the Internet. Many governments and bankers as well as public are cofused of legal definition, what Bitcoin is ?  >>

Currently, bitcoin has not been legalized in all countries in the world, but there have been some countries that have legalized bitcoin and made bitcoin as the official currency in their country that can be used as a legitimate transaction tool. this proves the Government of the country that legalize bitcoin has fully understood the rules in this cryptocurrency, and this proves worthy bitcoin to be the currency in their country.
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin really secure?
by
Anfisman
on 02/10/2017, 10:59:09 UTC
Fraud (phishing) has been known in the online world. Phishing occurs when fraudsters create emails, messages, login pages, and / or websites that look like authorized and trusted companies. When users enter their information (such as username and password) on the fake website, the fraudsters will have access to the user's account. If the account is an account where Bitcoin is stored, then the fraudsters will easily steal your Bitcoin.

If a user has the same password on multiple sites, then fraudsters may access other sites containing more sensitive information.
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Topic
Board Bitcoin Discussion
Re: Why does China hate Bitcoin?
by
Anfisman
on 02/10/2017, 09:06:32 UTC
I think the reason why the Chinese government closed all the activities of ICO in their country is because the Government they want to fully hold the control of banking systems that exist in their country, and allocate credit according to a political agenda. Because bitcoins can not be controlled by the Government, they perceive that as a threats. The government does not want to see competing currencies. They threaten their monopoly to create money and control the financial system and the economy.
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Topic
Board Bitcoin Discussion
Re: Why owning 1 BTC becomes harder everyday???
by
Anfisman
on 01/10/2017, 23:59:21 UTC
Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday 1 bitcoin will become currency for the rich dudes?

I know we all want to buy and save more bitcoins in pieces, but the way bitcoin price is going are we really going to keep up?

Edit: I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.

What do you think, guys?

I'm not afraid of it, because I'm sure bitcoin is created for everyone not just for a handful of people. Bitcoin is an investment therefore the outcome obtained from bitcoin can not be instantly gets but the profits we can be felt in the next few years. that's why people who first invested with bitcoin early in their appearance can get big profit today. so we can also get what they get if we invest now.
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Topic
Board Bitcoin Discussion
Re: What if another altcoin surpasses BTC in value?
by
Anfisman
on 01/10/2017, 22:13:19 UTC
What will you do if some altcoin (XMR or ETH for example surpasses the value of BTC, either in market cap or by the price of a token each? Will you sell your BTC to buy the more "valuable" coin, or continue using and holding BTC? Also, what do you think are the chances that it could happen? I would like to hear your thoughts and opinions.

Altcoin beat the bitcoin price, it may happen, considering the price of other digital coin also increased and did not close the possibility will be equivalent to bitcoin price even more in the future. and if that happens, of course I will invest my money to a more profitable cryptocurrency, I will not sell my btc to buy another digital coin, but I will invest in both.
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Topic
Board Economics
Re: About world crisis and criptocurrency
by
Anfisman
on 01/10/2017, 06:54:46 UTC
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Monetary Crisis is a condition of worsening financial condition of a country in a certain period of time that is marked by the decline of the national currency exchange rate to the international and skyrocketing prices of basic commodities in the market and the decline in global economic activity. I think if a global crisis happen, then this will also affect the cryptocurrency, for example if the dollar price decreased then the price of cryptocurrency will also decrease.