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Showing 20 of 28 results by CryptoBatman1
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Topic
Board Bitcoin Discussion
Re: Best wallet for bitcoin?
by
CryptoBatman1
on 28/04/2018, 08:07:03 UTC
The ultimate best wallet for storing Bitcoins would be a hardware wallet like a Ledger Nano S or Trezor. But, if someone cannot afford it, then the next best choice would be a desktop wallet like Exodus. The worst place to keep your Bitcoins would be on an exchange. I will post a brief article on how to keep your bitcoins safe and private very soon.
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Topic
Board Bitcoin Discussion
Re: What if you forget your bitcoin wallet password?
by
CryptoBatman1
on 28/04/2018, 07:36:50 UTC
This is a really big problem for those who forget their bitcoin wallet passwords. You know that your tokens are lying there but you can't gain acess to it.My only suggestion is to write down your password and save it someplace else, only for your personal use.
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Board Bitcoin Discussion
Re: Bitcoin in Asia
by
CryptoBatman1
on 23/04/2018, 09:55:28 UTC
Although bitcoin is getting banned in most of the Asian countries, its still is famous among china , India, South Korea, Japan because people trade Bitcoin as an extra source of income where the profit ratio is quite more compared to keeping fixed deposits in banks.
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Board Bitcoin Discussion
Re: Am i too late
by
CryptoBatman1
on 09/04/2018, 01:57:04 UTC
I think its a great time to buy bitcoins now as the price is 7k usd and i believe the the value of bitcoin will rise to 10k in the coming months.
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Topic
Board Bitcoin Discussion
Re: Bitcoin can be hacked?
by
CryptoBatman1
on 02/04/2018, 10:21:20 UTC
No, Bitcoin is not that easy to hack as it is highly encrypted blockchain technology. But the problem lies with low security wallets.so have a thorough search before you proceed any further.
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Topic
Board Speculation
Re: Reasons why Bitcoin is droping:
by
CryptoBatman1
on 02/04/2018, 08:30:36 UTC
Reasons behind the decline in Bitcoin price is all because of the fake news about banning BTC, although the market is slowly recovering. All we have to do is stay positive and stay away from the FUD.
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Board Bitcoin Discussion
Re: Is it better to mine or buy Bitcoin?
by
CryptoBatman1
on 02/04/2018, 07:31:57 UTC
I personally believe its better to buy Bitcoin at this time.
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Topic
Board Bitcoin Discussion
Re: Do you think HODL is bad for your health?
by
CryptoBatman1
on 24/03/2018, 08:43:30 UTC
I find it kinda hard to HODL when the marketing is bearish... there is a lot of stress:p
Do you think going HODL might be bad for the health?Smiley

Just keep the faith. You will be in peace. Put it in your mind that Bitcoin will reach 100,000 USD very soon but you cannot expect that to happen in a single bull run.
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Board Bitcoin Discussion
Re: As a beginner is it too late ?
by
CryptoBatman1
on 23/03/2018, 06:10:15 UTC
No, its not late.It is still early to buy Bitcoins.
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Topic
Board Development & Technical Discussion
Re: Tracking down stolen Bitcoins
by
CryptoBatman1
on 22/03/2018, 19:36:53 UTC
Tracking is possible but not always. Once they are converted to alt, it increases difficulty.
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Topic
Board Altcoin Discussion
Re: Am I late to the party?
by
CryptoBatman1
on 22/03/2018, 19:28:23 UTC
I feel so late to the party. Coins now are very expensive, like $5800 for Bitcoin and $345 for Ethereum... then $5 - $30 for other coins. I take a look at the blockchain explorers and see big holders of coins, for example some people have 1000+ bitcoin, a lot of people have 500,000+ ethereum. These people got the coins when they were 1 penny each, now I have to pay $500 for the same coin?

Why are the coins so expensive today? Can I go back in time and get them cheaper?

Even if I put in a lot of my money, I only get a fraction of what people were able to get 1 year ago. 1 year ago people got coins for 1 penny and stashed 100,000 coins for $1000, now I have to pay $1000 just for 1 coin?!? I feel so ripped off!

Also I knew about Bitcoin when it was $30, and I knew about Ethereum when it was $7! I was alive in these time periods and was looking online and reading about these things but it all flew by!

Am I too late to the party? Is it a good time to get buy today or should I find a way to time travel back in time?

My frustration is BIG.
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Topic
Board Bitcoin Discussion
Re: Bitcoin as money
by
CryptoBatman1
on 20/03/2018, 19:39:32 UTC
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?

That's what the original vision of Satoshi, to used bitcoin as digital currency without third party involved. However, in the last couple of years, bitcoin has become a investment platform like store of wealth for big investors.

Of course I would like it to be like cash that we can used for our everyday lives, sadly though its not yet realized but I'm still positive that we can achieved that in the future.

So let see how it goes specially with Lightning Network already in the horizon. You can open channels from A to B and transaction will be quick and seamless.
Agree with your opinion.
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Topic
Board Speculation (Altcoins)
Re: Will bitcoin be replace by ethereum/ripple
by
CryptoBatman1
on 20/03/2018, 19:22:18 UTC
It doesn't seem likely. Bitcoin still has very large dominance over them and I see it only getting stronger in the future. As much as I appreciate Ethereum I think it will soon begin to be replaced by the next generation blockchains, bitcoin probably won't face this problem because it is unique and will always have the first mover advantage. Ripple - hahaha.
Totally agree with your opinion.
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Board Beginners & Help
Re: Bitcoin vs Blockchain..
by
CryptoBatman1
on 20/03/2018, 18:52:09 UTC
Blockchain is a continously growing list of records called blocks, which are linked and secured using cryptography. Whereas Bitcoin is a digital currency.
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Board Bitcoin Discussion
Re: Offline Wallets Vs Online Wallets
by
CryptoBatman1
on 20/03/2018, 18:42:36 UTC
I would personally recommend offline wallet.
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Topic
Board Bitcoin Discussion
Re: who created bitcoin?
by
CryptoBatman1
on 20/03/2018, 18:18:27 UTC
Bitcoin was first created by Satoshi Nakamoto in 2009.
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin Really The Future Of Money?
by
CryptoBatman1
on 20/03/2018, 18:11:47 UTC
Personally I want Bitcoin to be the future of money.
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Topic
Board Bitcoin Discussion
Re: What is the most trusted and profitable ICO for 2018?
by
CryptoBatman1
on 20/03/2018, 18:03:28 UTC
Who knows, we're just starting Cheesy however, the most anticipated has to be the telegram ICO which is going to be the biggest in the world and in history. Another contender is Kodak which is rumoured to be doing an ICO, and also an American hotel is offering a stake in ownership.
Telegram ICO is going to be the biggest ICO in 2018.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Dangerous ?
by
CryptoBatman1
on 20/03/2018, 17:42:11 UTC
When bitcoin inevitably crashes, inexperienced investors who believed the hype could lose everything. Bitcoin has no safety mechanisms. Typically, you'll get a private key or random words which protect your wallet. If you lose your key, your funds will be gone with it. There's no support to contact, no way to change the password, and no way you could verify your identity to get your account back. When it's gone - it's gone, there's nothing anyone can do. If the government decides to declare owning Bitcoin illegal, you may find yourself in trouble.
Agree with you.
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Topic
Board Bitcoin Discussion
Re: Why Bitcoin mining is so popular in Iceland?
by
CryptoBatman1
on 20/03/2018, 17:31:17 UTC
The country's climate makes it naturally favourable for Bitcoin miners.