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Showing 20 of 61 results by BlockchainMentors
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Topic
Board Economics
Re: The impact of Russian and Ukrain war on world economy
by
BlockchainMentors
on 22/08/2022, 13:01:00 UTC
Due to war of Russia-Ukraine, there is shortage of gas supply and foods. After this, european countries agreed to reduce gas demand by 15% in end of this winter 2022.
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Board Bitcoin Discussion
Re: SBI decides to withdraw crypto mining completely from Russia
by
BlockchainMentors
on 20/08/2022, 12:44:47 UTC
It is not surprising that more businesses pulled out of russia due to war ..but surprisingly for me that russia was one of them where cyrpto mining was abundant but after war , china emerged as top three miner country after USA and Kazakstan....as we know china had imposed ban on cryptocurrency but indirectly he is in this business of money making.....very clever
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Board Bitcoin Discussion
Re: Can Bitcoin become a global currency ?
by
BlockchainMentors
on 16/08/2022, 12:43:59 UTC
Bitcoin is volatile in nature so it is difficult to become global currency. Yes, we know it is emerged over past decades and its key features of decentralization can made it global currency in future
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Board Bitcoin Discussion
Re: Bitcoin cannot stop amazing me
by
BlockchainMentors
on 13/08/2022, 12:48:19 UTC
No country wants that their banking system should be completely destroyed, so they are stopping bitcoin, but it was very nice to see the interest of the people and the way its price is increasing, it seems that investors are getting a lot of profit. And in the future, fiat currency will be devalued and bitcoin will be used instead of fiat like nilgeria's people faith in naira has been reduced and their trust in bitcoin will surely boost the bitcoin market.
It's amazing to see bitcoin future is coming
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Topic
Board Bitcoin Discussion
Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX?
by
BlockchainMentors
on 11/08/2022, 13:15:37 UTC
Elon musk is fooling everyone with his statement of bitcoin to boost his tesla shares and come in news ...and grab attention ... He is a marketing genius person. He did not tell media of how much bitcoin his company sell out previous so i don't think whether he is purchase bitcoin or not because i do not believe him after the twitter's buying news
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Board Bitcoin Discussion
Re: Bitcoin art created by AI {gallery} ... and the satoshi portrait as well.
by
BlockchainMentors
on 10/08/2022, 12:36:35 UTC
This is tremendous ... AI has improved lot in their field. Ai is creating more creative and futuristic art with more ease. This is good. I see this images and for some minutes i think i was in future world like anywhere in space or bitcoin world where all are accepting bitcoin in form of money and nothing be surprised
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Board Bitcoin Discussion
Re: What percentage of people in the USA do you think haven't paid taxes on trades?
by
BlockchainMentors
on 09/08/2022, 12:47:46 UTC
Yes, There is a tax and not only there, but there is a tax in the whole world on cryptocurrency, if they do not do it, then at some point of time, Government will know and I do not know about other countries but in India, the tax is 30% and the rules are strict If you are earning money by trading then you will have to pay tax, if you do not pay, then there may be a case here.
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Board Bitcoin Discussion
Re: why can't bitcoin be based on something that has value?
by
BlockchainMentors
on 08/08/2022, 12:26:54 UTC
Bitcoin is not real , It is imaginary. You cannot touch it because it is digitally located somewhere but u can see it ... Bitcoin is like assets of future like lots of money you have in your hand.
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Board Bitcoin Discussion
Re: I have started teaching Bitcoin to my Neighbors
by
BlockchainMentors
on 06/08/2022, 12:53:43 UTC
This is a great thing and young teenagers will be very interested in it. Hope you and your students do well in future and if you have any youtube channel then recommend me because knowledge is there and it should be taken whether he is younger or older than us in age.
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Board Bitcoin Discussion
Re: why I believe BTC will NEVER go to Zero
by
BlockchainMentors
on 05/08/2022, 04:32:24 UTC
It can happen if all the countries together shut down bitcoin if they felt that it is less profit and harm to the environment because the heat generated during mining and the electricity spent is more and the future of bitcoin is still being talked about But no one knows when what will happen
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Topic
Board Bitcoin Discussion
Re: 1 Billion Bitcoin users by 2024 is possible with increased access to electricity
by
BlockchainMentors
on 03/08/2022, 12:28:48 UTC
There are as many resources in the earth as electricity that can be generated, if you want to do mining, then you have to decide that you are not paying too much bill, due to which you are getting any harm from mining, now more people Will start but you will have to do mining very carefully otherwise your electricity bill will come more than your mining's cost.
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Topic
Board Bitcoin Discussion
Re: Are Early Adopters rich?
by
BlockchainMentors
on 02/08/2022, 13:10:31 UTC
Yes, it is true that there are many investors here who have become rich from bitcoin, but no one tells that even Tesla company did not tell how many bitcoins they have, no one would like to tell if you have it, you also do not tell. Would you like and the one who started investing long ago has become rich today.
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Board Bitcoin Discussion
Topic OP
Cryptocurrency exchange koinex shut down in india
by
BlockchainMentors
on 01/08/2022, 12:16:04 UTC
Koinex's inability to operate in India is not the acceptance of digital currency by its people, why is it that people are still afraid to adopt it, but it is legal in many countries
Can anyone tell?
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Board Bitcoin Discussion
Re: Why does Bitcoin Fluctuate so much?
by
BlockchainMentors
on 30/07/2022, 11:52:44 UTC
The main reason for the fluctuation in the price of bitcoin is its market size and spectators want to get rich overnight which is a big reason.
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Topic
Board Bitcoin Discussion
Re: Who is really controlling the Bitcoin market.
by
BlockchainMentors
on 29/07/2022, 11:59:18 UTC
Yes, Investors play an important role in making the market up and down but there are many factors which no one can tell like covid came in 2020 and after that the price of bitcoin rise up and then went down then this Who's doing it all? Can anyone tell? I want to know
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Topic
Board Bitcoin Discussion
Re: Website browser with mining features
by
BlockchainMentors
on 28/07/2022, 12:29:48 UTC
This can be a method, it would be better to make their browser popular, you should stay away from it because this browser may ask for your details and use your login credentials because Bitcoin mining will require electricity and require special hardware and it will not use any hardware nor that much power.
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Topic
Board Economics
Re: Social media, now looking more for business than for socializing.
by
BlockchainMentors
on 27/07/2022, 11:51:17 UTC
Doing business in social media has become more easy and competitive and there is nothing wrong in that because at a time you are also engaged and they also see the products according to their needs, which has become even easier for them. Want to take business all over the world, everyone has equal opportunity now by ease of social media
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Topic
Board Bitcoin Discussion
Re: (beginner) Why a node should be honest ?
by
BlockchainMentors
on 26/07/2022, 12:33:27 UTC
An honest node does not attempt to modify the history and transmits correctly formatted messages. This allows an attacking node that tries to replace previous blocks in the blockchain to benefit them financially because the transactions are cryptographically signed, an attacker can only make one of his own transactions. One can try to convert so that he can get back the money he recently spent. So it is important to have honest node in system
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Board Bitcoin Discussion
Re: Finland sold 1,900 BTC, for a good cause
by
BlockchainMentors
on 25/07/2022, 12:33:34 UTC
I believe it's an act of solidarity with Ukraine Because 1900 BTC worth $47 million was already a huge amount and it can do big in Ukraine's efforts to help their population that was heavily affected by this useless war, so all I can say is Finland has been doing a great job. Anyway, most western nations are already shown their support for the Ukraine effort, and for me, it is a good sign to pressure Russia to go back into the talks. 


Right brother, Seeing this, it seems that everyone is standing in support of Ukraine.
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Board Bitcoin Discussion
Re: Finland sold 1,900 BTC, for a good cause
by
BlockchainMentors
on 25/07/2022, 12:30:34 UTC
This is very good news Finland has taken a very good step. Ukraine is in great need of this money because the condition there has become very bad, in such a situation, helping Finland, the friendship of Ukraine and Finland has been encouraged and Russia will not like it at all, but bitcoin was used in it, which Finland has recovered from illegal business