Search content
Sort by

Showing 20 of 429 results by Ayaancool
Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin or the Blockchain save the environment?
by
Ayaancool
on 21/06/2018, 15:01:58 UTC
Many companies that is using bitcoin and the blockchain particularly some ICO's recently are being launch involving the betterment, improvement or something that will sustain our environment but is it enough to do its part or what it promises in its vision and mission? because the next tough part after the launch is how can they implement it effectively using bitcoin or the blockchain? are the world ready for it?
Bitcoin and the Blockchain are not bad for the environment.Mankind’s incessant urge to burn fossil fuels is bad for the environment.If you want to mine in an environmentally-friendly way do so in a place where the electricity comes from green energy.Check out crypto projects like WePower and HydroMiner if you want to dive into green mining in a bigger way......!
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATM Introduced in Kenya for the First Time
by
Ayaancool
on 21/06/2018, 14:46:21 UTC
A bitcoin ATM is an internet machine that allows a person to exchange bitcoins and cash. Some Bitcoin ATMs offer bi-directional functionality enabling both the purchase of Bitcoin as well as the redemption of Bitcoin for cash. In some cases, Bitcoin ATM providers require users to have an existing account to transact on the machine.
Post
Topic
Board Bitcoin Discussion
Re: Best way to store Bitcoin safely ?
by
Ayaancool
on 20/06/2018, 09:43:52 UTC
Bitcoin isn’t an object, it’s an encrypted address on the blockchain. What you own is a unique key that unlocks a specific bitcoin location, and that’s what you need to be protecting at all times by storing it in a wallet.The easier way to store your bitcoin and other cryptocurrency is in a digital wallet online, or locally on your smartphone or computer. But leaving your bitcoin in public view can open you up to attacks from hackers and phishing scams. That’s why the best option is a hardware wallet that stores your bitcoin offline.Most hardware wallets look like USB drives and can be easily connected to a computer. They use a PIN number for security, along with a secondary password called a “seed” in case you forget the PIN. If you forget both passwords you’re pretty much screwed, so it might be worth writing the seed down somewhere safe offline.
Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin become centralized sometime in the future?
by
Ayaancool
on 20/06/2018, 09:28:44 UTC
Bitcoin is the incentive to keep the Bitcoin blockchain secured. Without that incentive there would no longer be the trust factor, the network would have lost security.Imagine a centralized blockchain, where trust would be in hands of a few individuals or institutions. What if the private keys would be compromised? The entire network would have lost all value.Plus, trust centralized would be business as usual. It would be similar as the trust we are supposed to have in banks and authorities.
Bitcoin was designed to move away from the trust through institutions to trust through networks.
Post
Topic
Board Altcoin Discussion
Re: Avoid Being Scammed Again
by
Ayaancool
on 18/06/2018, 14:19:02 UTC
If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware.If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices.Another way to prevent getting this page in the future is to use Privacy Pass.
Post
Topic
Board Bitcoin Discussion
Re: bank will use Bitcoin to make cross-border payments
by
Ayaancool
on 18/06/2018, 14:12:30 UTC
In Argentina, Banco Masventas revealed that, starting next Monday, it will allow its customers to make cross-border payments using Bitcoin.

In partnership with the Latin American market startup, Dicks, founded in 2014, this bank will use Bitcoin as a means of payment for cross-border transactions, as an alternative to the traditional Swift system.
It's a kind of tric from the side of banks. Because they realise that there is no way to protect banking system,so they forced to accept bitcoin  to cross border payments.
Post
Topic
Board Speculation
Re: Is bitcoin price can be manipulate by the others?
by
Ayaancool
on 17/06/2018, 05:39:38 UTC
All of them admitted there's no perfect solution to the problem. In the age of cryptocurrency, hard drives and personal computers have become the new bank vaults. And our real-world knowledge of protecting money from theft is not enough in the virtual world. The following suggestions can serve as a safety pamphlet for new cryptocurrency investors.
1. Before you open up an account on Coinbase [or other exchanges], set up an unique email that you are going to use for that account.
2. Make sure to set a really hard and long password, and you are the only one to access it from a piece of paper that you control.
Post
Topic
Board Bitcoin Discussion
Re: 51% attacks
by
Ayaancool
on 17/06/2018, 05:14:10 UTC
Fortunately, there are both short- and long-term countermeasures against network attacks. First, peer selections could be made routing-aware. Bitcoin nodes could, for example, aim at maximizing the diversity of the Internet paths seen by their connections to minimize the risk that an attacker can intercept all of them. Moreover, nodes could monitor the behavior of their connections to detect events like abrupt disconnections from multiple peers or unusual delays in block delivery. These events could serve as an early indicator of a routing attack and could, for instance, trigger the establishment of extra randomly-selected connections. Finally, solutions like end-to-end encryption would also help (especially against delay attacks). Yet, encryption alone would not be sufficient to protect against partitioning attacks as an attacker can still drop encrypted Bitcoin connections.
Post
Topic
Board Speculation
Re: BIG HOPE FOR BITCOIN
by
Ayaancool
on 17/06/2018, 04:56:50 UTC
Bitcoin is a crypto currency, all currencies make upward and downward trends from time to time. Bitcoin is and other Crypto currencies are taking over the world economy. See every dip as an opportunity to buy more.
Invest now and smile at moon
Bitcoin is always a big hope for us. So everyone always curiously looking for the drop to buy more bitcoins. Because bitcoin is always a hopeful investment in crypto market. Don't bother about bitcoin is current market desp.
Post
Topic
Board Altcoin Discussion
Re: Is it better to have many altcoins or it is enough to have few?
by
Ayaancool
on 16/06/2018, 17:20:31 UTC
Most of them buy altcoins too with bitcoin investment.Mostly, people get into altcoins as a way to hedge against Bitcoin. Here are some common reasons for someone to hedge with altcoins:
1,Bitcoin may have some catastrophic failing that the altcoin is not subject to.
2,An altcoin may have some future utility that is significantly better than Bitcoin allowing the altcoin to overtake Bitcoin.
3,Even if Bitcoin continues to be the most valuable cryptocurrency, there may be room for altcoins to serve some other niche and hence             may not be bad bets in their own right.
Post
Topic
Board Bitcoin Discussion
Re: Analyst say bitcoin will Obsolete one day.
by
Ayaancool
on 16/06/2018, 17:11:45 UTC
The predictor says its useful,  its visible, but one day it will be obsolete. 
One thing I want to say people wants to says negatively.  this is a new technology, we can't appreciate new things.
 new link down below.

https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp

For the time being, all these governments around the world, are waiting and watching. They are trying to figure out what this new thing is and how far it can go. As fiat currencies devalue more and Bitcoin goes up, they will be forced to make decisions. Some may make policies to regulate them while others might declare them illegal. But there’s no stopping when it comes to technologies like the internet or smartphones. And make no mistake, the Blockchain based industry is going to be as big as these two, may be even bigger.So, the governments and leaders around the world can bite off all they want, but chewing would not be much of an option.
Post
Topic
Board Bitcoin Discussion
Re: Amazon Will Accept Bitcoin Speculation
by
Ayaancool
on 15/06/2018, 12:37:04 UTC
According to a newsletter from The James Altucher Report, Amazon will soon begin accepting Bitcoin, which they will officially announce as early as October 26th during their earnings conference call.

Source: https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/
Its realy a good news. Im sure they will accept it, they don't have any option because in future bitcoin is the main crypto that going ti accept all over the world so on that time accepting bitcoin as a payment  will be a great privileges for them.
Post
Topic
Board Bitcoin Discussion
Re: Where can my friends buy bitcoins and other cryptos?
by
Ayaancool
on 14/06/2018, 16:52:50 UTC
You can buy bitcoin by the help of crypto companies that in your country through online. You can by bitcoin from bitcoin web site,otherwise,
www​.bithumb.com/
www​.simplefx.com/
www​.uphold.com/
You can visit these web sites to buy bitcoins.
Post
Topic
Board Bitcoin Discussion
Re: actual number of people using Bitcoin?
by
Ayaancool
on 13/06/2018, 13:35:30 UTC
I think its quite  difficult  to determine  the exact number.  But i know one thing bitcoin is the most number if users in bitcoin world.
Post
Topic
Board Speculation
Re: Will Bitcoin remain dominant
by
Ayaancool
on 13/06/2018, 13:18:12 UTC
Do you think Bitcoin will remain the most dominant coin both short and long term? Even though it does not remain the most dominant coin, this will not be the same as saying that Bitcoin won’t exist long term.
We cant predict an exact result in case of this but from my experience  i think bitcoin will always  be the mist dominant coin because there is no other coin have the power to maintain all issues that related to cryptosystem.  But in case of bitcoin they can beat with their experience level in this field.
Post
Topic
Board Speculation
Re: Bitcoin Price Drop: Is this the Best Time to Buy?
by
Ayaancool
on 12/06/2018, 15:32:54 UTC
By 2 PM (EST) on June 11, 2018, Bitcoin had dropped almost $1,000 from its price, trading at $6,700. BTC is now trading at its lowest value since the middle of March 2018. One of the most significant questions remains what to do next – join the selloff brigade, hodl, or buy more Bitcoins?

Details:
https://cryptomonster.net/news/bitcoin-price-drop-is-this-the-best-time-to-buy-bitcoinist/index.html
It's the best time to make more purchase of bitcoin . It's a great opportunity to all new comers and those who are left their dream of buying bitcoin because of lack of money. So don't be waste time and utilise your opportunity.
Post
Topic
Board Bitcoin Discussion
Re: Do you think Bitcoin will become the first world currency for buy and sell ?
by
Ayaancool
on 10/06/2018, 08:52:06 UTC
Do you think Bitcoin will become the first world currency for buy and sell ?  Grin
I'm not sure but I can say that the most probable crypto that will become the first world currency to buy and sell is bitcoin. Because if you take a survey of number if each and every crypto users then you can understand that bitcoin is the top one in consumption.
Post
Topic
Board Bitcoin Discussion
Re: why do governments don't make BTC illegal worldwide ?
by
Ayaancool
on 08/06/2018, 15:01:46 UTC
For what purpose the government make illegal bitcoin? ,there is no use if they use bitcoin for illegal. They are missing tax return from it through illegal use. They can earn more from implementing tax from it than illegal use of bitcoin.
Post
Topic
Board Bitcoin Discussion
Re: If you did not listen before, now is last chance to reduce your loss
by
Ayaancool
on 06/06/2018, 15:47:45 UTC
I told you so - many times in here. It was a bubble, and you should get the hell out of BTC.

The responses in here were mainly hysteric screaming of "FUD".

It is now clear from more and more posts in here that people who came late to the bubble-party are in losses on their Bitcoins. Well, told you so.

This is not the time to HODL. The party is over. Your choice is whether to sell now and take a loss, or wait until you have lost everything.
Why are you trying to confuse others. If you don't want it then get back from it. Don't try to fool others.
Post
Topic
Board Bitcoin Discussion
Re: How to invest in Crypto wisely and strategically
by
Ayaancool
on 06/06/2018, 15:23:11 UTC
First of all you just study about bitcoin from bitcoin related links and from bitcoin forum . Then invest a small amount and be alert and analyse everyday bitcoin , do you know something experience is the best teacher so believe in bitcoin and don't loss faith .