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Showing 7 of 7 results by Dreherns
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Board Altcoin Discussion
Re: Is it risky to invest in new crytpo coin/tokens???
by
Dreherns
on 09/07/2020, 13:32:44 UTC
The risk depends on your experience and the extent of your hedge against losses, so you should study in detail about the project and development plans, managers, and developers before investing.
If you want to speculate, you do not need a lot of information many trading platforms provide you with the possibility to achieve profits with a minimum of risks using some methods such as COC in binance.
you can make stop loss and use it to stop you loss and get advance profits.
Post
Topic
Board Bitcoin Discussion
Re: Who got the 10.000 bitcoins for the 2 pizzas?
by
Dreherns
on 29/06/2020, 17:35:45 UTC
I saw a video of laszlo several years ago, he seemed to have a beautiful house and a pleasant life, I don't think he regretted that loss.
All the deals you make may think they are good at the time, but they may be bad in the future.
I was sold for 10,000 dollars, but after several years he found out that it was funny and the actual amount was about a million dollars.
Post
Topic
Board Beginners & Help
Re: why so many currencies?
by
Dreherns
on 16/01/2018, 00:47:00 UTC
we have real currencies and virtual one. every currency have advantages and disadvantages
Bitcoin: global paying - no ID needed // High fee - limited supported
Post
Topic
Board Bitcoin Discussion
Re: Why some people prefer Bitcoin over fiat ?
by
Dreherns
on 16/01/2018, 00:18:06 UTC
i prefer Bitcoin over fiat because i can travel with 100,000$ without be worry.
high security and small space made bitcoin
Post
Topic
Board Bitcoin Discussion
Re: What happens when all bitcoin is mined?
by
Dreherns
on 31/12/2017, 17:47:04 UTC
Quote from: Sinistlercoin on December 30, 2017, 08:54:13 PM
Correct me if I dont fully understand the concept of bitcoin. If miners currently work for new bitcoin, then once all bitcoin has been mined, I assume that the only incentive for them to continue running is to collect transaction fees. In order to offset the cost of their rig and electricity, wouldnt their fees need to increase in order for them to make it worth their effort?  Isnt that bad for anyone who wants to use bitcoin as currency instead of investment?

if all bitcoins mined we will use old bitcoins and who have a big amount of bitcoin can control price.

fee maybe stay normally because 1 bitcoin will be more than 1M and will send using mBTC
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Topic
Board Exchanges
Re: Question
by
Dreherns
on 31/12/2017, 17:29:11 UTC
Quote from: ADSCP on December 31, 2017, 11:15:45 AM
I need your help to understand how bitcoin works. I placed some money on virwox through paypal, but then I saw that the amount wasn't enough for what I wanted to buy. What can I do now? Can I remove that money?
you want to know how bitcoin works or how to get bitcoin.

virwox is the best way to get bitcoin from PayPal but will pay very high fee {bitcoin network fee + virwox fee}

try local bitcoin
Post
Topic
Board Bitcoin Discussion
Re: Bank of England may issue its own 'bitcoin'
by
Dreherns
on 31/12/2017, 17:19:36 UTC
Quote from: lifetimebitcoins on December 31, 2017, 08:23:01 AM
The Bank of England could approve its own bitcoin-style digital currency within the next year, The Sunday Telegraph can disclose. A Bank of England-issued digital currency could allow British citizens to keep their money - in digital form - with the central bank itself, dispensing with the need for a retail bank..

The bank has been trialling technology for digital transactions, using the same methods that underpin Bitcoins and other crypto-currencies. The volatility - and apparent popularity - of bitcoin will intensify pressure on the Bank of England to make a decision on an alternative digital currency of its own..

Mark Carney, the Governor of the Bank of England, told the Treasury select committee before Christmas that he had held talks with other central banks about launching digital currency. The bank carried out a successful test of a new digital payment method - called "distributed ledger" or "blockchain" technology - in the summer, that demonstrated the viability of making payments between two central banks..

Dr George Danezis, who is working on the RSCoin at University College London, suggested that digital currency would make it far easier for central banks to control the money supply. Mr Carney would prefer a restriction on the use of digital currency - should the Bank agree it - to transactions between central banks..

http://www.afr.com/technology/bank-of-england-may-issue-its-own-bitcoin-20171231-h0bskf

correct me please "Bank of England may issue its own token"

this is normal news because blockchain is strong technology and will be used by all soon