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Showing 20 of 66 results by Bitcoinsislife
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Board Bitcoin Discussion
Re: Are you surprise by bitcoin price now?
by
Bitcoinsislife
on 10/12/2017, 09:13:42 UTC
You probably have noticed this past few days that Bitcoin’s price kept on increasing, very contradicting to its price from the past few months. The past few months had been one of Bitcoin’s nightmare. What triggers this price increase? Why just now? Let’s figure out the magic behind Bitcoin’s price increase. Read more about it below.
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Board Bitcoin Discussion
Re: Bitcoin Holder
by
Bitcoinsislife
on 10/12/2017, 09:07:48 UTC
Are you going to wait to reach 1M for the price of bitcoin?

Also known as the mysterious creator of the Bitcoin. The bitcoin community believes  that the richest and the holder of most bitcoins is the creator itself because of his involvement and understanding the concept and it is this person who controls the moving of the bitcoins in the systems and causes changes  in the market.
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Board Bitcoin Discussion
Re: Do you think Bitcoin will survive after 100 year ?
by
Bitcoinsislife
on 06/12/2017, 07:39:26 UTC
So let's say 100 years from now BTC is the main currency of the world. Now I am 15, and a lot of other early investors are also pretty young. So in 100 years when the first people to invest in BTC start dying off, that is a lot of wallets with probably a good sum of BTC just left there forever.
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Board Bitcoin Discussion
Re: Is Bitcoin Sound Money?
by
Bitcoinsislife
on 06/12/2017, 07:19:25 UTC
The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin.

Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.

Which factors of bitcoin instill this validity of investment?

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Bitcoin owners today still must convert their coins back to traditional currency in order to buy certain items, pay bills and purchase things at their favorite shops. However, the tide is shifting and the conversion necessity is falling. As the value of bitcoins increase there will be more value to spread around, and more people willing to spend bitcoins.
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Board Bitcoin Discussion
Re: Too late for Bitcoin?
by
Bitcoinsislife
on 06/12/2017, 06:27:37 UTC
We all know that bitcoin is now rising and rising. And before this year ends it is expected to rise doubled the price right now. Is it too late to invest Bitcoin?
My friend is obsessed with bitcoin and I was this close to investing $3k as experiment money in August but I didn’t because I set a goal for my Vanguard account ($100k) and haven’t reached that yet. Now I’m kinda kicking myself and wondering if I should invest now or leave the game to the more fearless?.
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Board Bitcoin Discussion
Re: Bitcoin in the classroom, yes or no and why?
by
Bitcoinsislife
on 05/12/2017, 21:02:05 UTC
For me yes, because this is for a personal writing project I'm working on. I imagine that Bitcoin would be good for things like teaching things like math with decimals. So they know about it, so they can concentrate on using bitcoin.
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Board Speculation
Re: what you think about bitcoin in like 5 years?
by
Bitcoinsislife
on 05/12/2017, 20:51:08 UTC
bitcoin is five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent today's price. if transaction's speed and price remains the same, bitcoin's not improving and maybe the price wont grow that much
Bitcoin in five years time in my opinion there will be a lot of hard forks from the original bitcoin blockchain and the value of bitcoin would increase by 300 percent from today's price.
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Board Bitcoin Discussion
Re: Is holding bitcoin Greedy?
by
Bitcoinsislife
on 05/12/2017, 20:36:01 UTC
So, since I usualy read only about 'great' trades, I'd like to share my fail-story as well. I do this at 3.30am local time. I have been a BTC hodler for about 3 years now. Things were good and I believe in bitcoin a lot. When the price was dropping and dropping I kept on buying and buying, for the simple reason that I believe in Bitcoin.
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Board Bitcoin Discussion
Re: What are your thoughts for Bitcoin in 2017?
by
Bitcoinsislife
on 05/12/2017, 20:26:06 UTC
As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain.

Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017?

If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think?  Smiley
No matter what which investment you take on, there will always be a risk. Most especially if there is money involved. Some may say its easier to invest time and emotions rather than Money.
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Board Bitcoin Discussion
Re: Why people sell bitcoins?
by
Bitcoinsislife
on 05/12/2017, 20:16:59 UTC
Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
To avoid revealing any personal information (signing up for an account at an exchange, linking to bank account, etc) and maintain complete secrecy the seller might accept a lower exchange rate than the averages.
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Board Bitcoin Discussion
Re: Bitcoin growth again, what to do?
by
Bitcoinsislife
on 05/12/2017, 19:36:17 UTC
A digital currency, used to make payments of any value without fees. It runs on the blockchain, a decentralised ledger kept running by “miners” whose powerful computers crunch transactions and are rewarded in bitcoins.
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Board Bitcoin Discussion
Re: Bitcoin in College???
by
Bitcoinsislife
on 05/12/2017, 09:27:52 UTC
I created Bitcoin College to support those, like me, that are intrigued by a changing time. When there is change there is opportunity. My dad, Bing, always said that good luck is when opportunity meets preparedness. The opportunity is staring us in the face - it's time for us to get prepared.
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Board Speculation
Re: Will the price of bitcoin increase forever?
by
Bitcoinsislife
on 05/12/2017, 07:23:39 UTC
As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin.
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Board Economics
Re: Where can i invest my money?
by
Bitcoinsislife
on 03/12/2017, 09:54:28 UTC
I currently have 2mil usd for investment.

I wanna invest it on bitcoin. Where can I invest it?

Please give me all the alternatives

thanks!

also, please look at my first post I plan to build a mining farm: https://bitcointalk.org/index.php?topic=1764338.msg17619998#msg17619998
When you invest money or bitcoin make sure you trust the website to secure the money you save and not lose. I do not know where but try to find out where you can invest.
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Board Bitcoin Discussion
Re: Is this Bitcoin run sustainable?
by
Bitcoinsislife
on 03/12/2017, 09:09:44 UTC
The cryptocurrency market looks more energized than ever. It has also become more efficient in the sense that more and more people are able to engage in Bitcoin transactions without much technical know-how. But what about the actual numbers?, Bitcoin might not be centrally controlled (which is a great thing for some) but how does it impact the world around us?.
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Board Bitcoin Discussion
Re: The advantages of bitcoin
by
Bitcoinsislife
on 01/12/2017, 10:15:41 UTC
Since there are multiple redundant copies of the transactions database, no one can seize bitcoins. The most someone can do is force the user, by other means, to send the the bitcoins to someone else. This means that governments can’t freeze someone’s wealth, and thus users of Bitcoins will have complete freedom to do anything they want with their money.
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Board Bitcoin Discussion
Re: Why the transaction price of bitcoin so high?
by
Bitcoinsislife
on 30/11/2017, 15:52:22 UTC
To understand the issue, it's key to look at how bitcoin transactions are processed. Transactions by users are gathered into "blocks" which is turned into a complex math solution. So-called miners, using high-powered computers work these solutions out to determine if the transaction is possible. Once other miners also check the puzzle is correct, the transactions are approved and the miners are rewarded in bitcoin.
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Board Bitcoin Discussion
Re: What if, we advertise bitcoin on T.V.?
by
Bitcoinsislife
on 30/11/2017, 15:43:25 UTC
If bitcoin is advertised on the tv it is a better., because more and more people will ask about bitcoin. and for me there are lots of things to do with it because they want to earn money with the computer. and they'll trust it because it's right from advertisement tv, it's better to really advertise it on the tv. and it would be better if the actor was to advertise it.
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Board Bitcoin Discussion
Re: Why use Bitcoins ?
by
Bitcoinsislife
on 30/11/2017, 13:06:16 UTC
Most Bitcoin enthusiasts hear something like this when attempting to introduce friends and family to Bitcoin. Bitcoin is exciting, but it’s not immediately clear to most people why Bitcoin is important or useful.
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Board Bitcoin Discussion
Re: Safest way to keep bitcoins?
by
Bitcoinsislife
on 30/11/2017, 12:59:38 UTC
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
A key step to protecting your cryptocurrency is to store anything of significant value in a hardware wallet—a physical device, like a USB drive, that stores your private keys and currency locally, and isn’t connected to the internet. Experts caution against storing large amounts of coins through cryptocurrency exchanges, or in digital wallet apps on your smartphone or computer. The public-facing internet offers an attacker too many inroads to attempt to infiltrate your wallet, or trick you into giving them access.