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I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.
I want to know other important uses of it.
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.
I want to know other important uses of it.
Different uses are:
1. Can be used for paying your bills
2. Transfer money anywhere
3. Made purchases like buy load
4. Cash in/cash out
I do not know why! I only think that Ico project is a more modern Ponzi method right now. 
How about you, YES OR NOR ?
How about you, YES OR NOR ?
Yes, if it will be used for the wrong intentions.
It is an attraction to scammers because it only requires less paperwork so scammers can easily create a fake white paper and make a lot of money.
Pure speculation. It is based on idea of a project and you are not sure if the project will succeed or not because the project might not be secure.
Network Congestion: The augment in the Online activities can be a major problem in the operation.
Government intervention: Various happenings like scams will simply decide to start regulating the ICOs.
But there are advantages in ICO;
Gives a lot of opportunities to promising projects
Little paperworks needed
The incentive innovation
As far as i think the most easiest way to earn money is engaging with airdrop campaigns but it is always not as sure as bounty programes. Because most of the airdrop campaigns are scams while bounty programes, most of the time sure. If you are looking for a real and reliable programe to earn token just join the Daneel bounty programe and earn worthy free tokens which may change your crypto world
I prefered bounty though the term of the campaign will run from 4 weeks to 8 weeks, it's worth the wait.
An airdrop is meant to be an absolutely free distribution of a token. It's meant to be a method of distributing a token to somebody, without the hard ways to get it. Airdrops are literally meant to be conducted via a simple registration form or snapshot and bounty is the most common type of distribution of crypto where you promote or advertise a company through wearing their logo through a so called signature in our account.
As far as i think the most easiest way to earn money is engaging with airdrop campaigns but it is always not as sure as bounty programes. Because most of the airdrop campaigns are scams while bounty programes, most of the time sure. If you are looking for a real and reliable programe to earn token just join the Daneel bounty programe and earn worthy free tokens which may change your crypto world
I prefered bounty though the term of the campaign will run from 4 weeks to 8 weeks, it's worth the wait.
An airdrop is meant to be an absolutely free distribution of a token. It's meant to be a method of distributing a token to somebody, without the hard ways to get it. Airdrops are literally meant to be conducted via a simple registration form or snapshot and bounty is the most common type of distribution of crypto where you promote or advertise a company through wearing their logo through a so called signature in our account.
I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
Bitcoin needs to improve its smart contract flexibility, scalability and privacy. And this could be done bythe promising innovation enabled by SegWit called MAST, which stands for Merkelized Abstract Syntax Trees.MAST extends smart contract flexibility because it has no limit.
MAST improves scalability. It reduces the amount of data that must be transmitted, validated and stored by all nodes on the network.
MAST improves privacy, again by the virtue of keeping unused scripts hidden forever.
https://bitcoinmagazine.com/articles/the-next-step-to-improve-bitcoin-s-flexibility-scalability-and-privacy-is-called-mast-1476388597/
I think you have to read this , and you will understand very well.
https://cointelegraph.com/news/india-bitcoin-prices-drop-as-media-misinterprets-govts-regulation-speech
https://cointelegraph.com/news/india-bitcoin-prices-drop-as-media-misinterprets-govts-regulation-speech
Yeah, I read this article. The government of India wanted to eliminate the use of these cryptocurrencies in financing illegal activities or being part of the payment systems. They are intense in their fight for money laundering and the funding of terrorism that's why as I see they are very cautious when it comes to the cryptocurrency like bitcoin dominance issue. There is no confirmation that it is a "Ban" issue. Bitcoin price is volatile in nature so it is not a new headline if it crashed or soared. The reality is bitcoin is still there many are interested about it.
Re: India's largest company Reliance planning for its own virtual currency
As the subject line says, India's largest company Reliance planning for its own virtual currency in the brand name of Jio Coin. Even though the company didn't release any official notification regarding it, but big business newspapers have reported this news on Last Friday (1/12).
The concern is, India has not yet made bitcoin or any crypto currency a legal tender. A committee is formed by the finance department and they are still debating on the potential outcome. But if Reliance launches its own virtual currency like Kodak is doing, do you think India will make bitcoin a legal tender? What kind of implication Jio Coin will have on Indian crypto community?
The news:
http://www.businesstoday.in/current/economy-politics/mukesh-ambani-reliance-cryptocurrency-jiocoin-virtual-currencies/story/267914.html
Share your thoughts!
If Reliance launches its own virtual currency, I believe that eventually it will become legal especially if there is someone who is transparent about it. Bitcoin founder is still anonymous it is just by the name Satoshi but he is unknown until now. If Reliance will operate like bitcoin so everything will be put in order and in place. Legality will be realized and crypto currency will have it regulations as in India as the initiator. It is good news then, right? So negative talks about crypto currency will be stopped or diminished. The concern is, India has not yet made bitcoin or any crypto currency a legal tender. A committee is formed by the finance department and they are still debating on the potential outcome. But if Reliance launches its own virtual currency like Kodak is doing, do you think India will make bitcoin a legal tender? What kind of implication Jio Coin will have on Indian crypto community?
The news:
http://www.businesstoday.in/current/economy-politics/mukesh-ambani-reliance-cryptocurrency-jiocoin-virtual-currencies/story/267914.html
Share your thoughts!
For me i think so..
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
READ MORE:
http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/
READ MORE:
Maybe yes, if Bitcoin will provide employment and source of income to the majority especially those who are at the bottom of the hierarchy the ordinary people who have
no or few knowledge on technology.
If bitcoin will have project to help the needy through tie up with different agencies of the government.
If there will be Bitcoin Foundation all over the world.
Schools raised and funded by Bitcoin with low tuition fees for the less fortunate children or students.
Community development projects to arrest unemployed individuals.
Though it will not happen like magic but gradually it will.
Andrew Haldane said one solution would be for the Bank of England to issue a state-backed digital currency based on bitcoin. Supporting this initiative would be a negative interest rate levied on paper currency relative to the digital currency, with these measures do you think there is more possibilities that sometime:
Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?
Paper money will be banned entirely?
How long do you think that happens?
would it work?
What security and privacy risks would it raise?
And how would public and privately issued monies interact?
Paper money in the future will not be totally eliminated but there will be reduction in its usage.
Like in India, the country is not aiming for a "cashless society" but instead a "less cash" country.
The US is more on cards, most of their transactions are processed through cards.
Digital currency like bitcoin has it flaws like transaction charges, security and bank risk where your account is in.
Digital money might replace major cash-based transaction but not totally.
Bitcoin is based on an increased demand an a deflationary supply, however that eventually leads to a coin that people don´t use to trade or to transact. What do you think that the emission rate of a crypto should be to be used as a coin? Any automatic mechanism to adapt exists?
[/quote
Deflation happened when the change in prices turns low or negative, when the change in one period is lower than the previous period. When there is deflation the bitcoin people will hold their coin and tend not to spend to have reserves for possible financial losses and will wait for the prices to go up again. Actually it doesn't matter
how many coins there are but how much is the value of the coins when changed to other currency. Ironically bitcoin has no deflation problem because it is a channel for making normal currency transactions, taking over fiat currencies.
[/quote
Deflation happened when the change in prices turns low or negative, when the change in one period is lower than the previous period. When there is deflation the bitcoin people will hold their coin and tend not to spend to have reserves for possible financial losses and will wait for the prices to go up again. Actually it doesn't matter
how many coins there are but how much is the value of the coins when changed to other currency. Ironically bitcoin has no deflation problem because it is a channel for making normal currency transactions, taking over fiat currencies.
Yes bitcoin has scaling concerns this is due to users are pretty increasing everyday accompanied by the increase of its daily transactions. The bitcoin network cannot accommodate all the transactions. The bitcoin has its block size limit to process the transactions daily this is for the safety of the to prevent hacking into the system.
Re: What are the possible changes will happen if the bitcoin is legalized?
The possible changes if bitcoin will be legalized are:
1. The government would possibly create a law covering the operation of bitcoin.
2. Investors will be taxed especially those with higher investor value depending on the scheme/bracket or tariff to be created by the bureau
3. Foreign exchange is not be left out like in payment and other transactions will might be given rules and regulations by the Central bank
4. Income of investors will be monitored by the government agency
The government will find way to protect the asset of the people as it is always mentioned when it is not regulated bitcoin could be used in fraud or other illegal activities.
1. The government would possibly create a law covering the operation of bitcoin.
2. Investors will be taxed especially those with higher investor value depending on the scheme/bracket or tariff to be created by the bureau
3. Foreign exchange is not be left out like in payment and other transactions will might be given rules and regulations by the Central bank
4. Income of investors will be monitored by the government agency
The government will find way to protect the asset of the people as it is always mentioned when it is not regulated bitcoin could be used in fraud or other illegal activities.
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Does Social Media Influence bitcoin growth?
[/quote
Yes, social media influenced bitcoin growth because it is through the social media that the nspeedy spreading and sharing of information happened. The acceleration of bitcoin is indeed influenced by online activity and social factors especially in the social media. It is said in a study, "the more social activity the higher the value of bitcoin rises."
https://www.jasminesandler.com/digital-money/
[/quote
Yes, social media influenced bitcoin growth because it is through the social media that the nspeedy spreading and sharing of information happened. The acceleration of bitcoin is indeed influenced by online activity and social factors especially in the social media. It is said in a study, "the more social activity the higher the value of bitcoin rises."
https://www.jasminesandler.com/digital-money/
What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?
What are the factors that make these people successful in their investments?
What are the factors that make these people successful in their investments?
A good investor has his own Game Plan where he sets his goals;
Knowledge -he knows what he is doing, his purpose,his objectives
Good decision maker-firm and with authority
Patient and flexible
Risk taker-always ready of whatever the circumstances are
These people become successful in their investment because of how they save intelligently, they use their money with significance and quality; proper allocation of their investment in different things and most of all they are Focused to their plans.
Well obviously no one knows... or very few people know (I still think that there are a couple original bitcoiners on this forum who are 99% sure that they know who Satoshi is).
Whats your favourite theory?
Mine is that it was John Nash
Please provide some proof for your theories. Would love to look into them!
According to Wikipedia it was an unknown name used by a person or people who created bitcoin and designed it. Who knows he is really the real one because we know that Japan is an advanced and high technology country. Whats your favourite theory?
Mine is that it was John Nash
Please provide some proof for your theories. Would love to look into them!
https://en.m.wikipedia.org/wiki/Satoshi_Nakamoto
The fame of bitcoin driven the bankers and regulators to raise their eyebrows. They have been negative about it as they say it will trigger money laundering. When it comes also to investing according to Central banks in other countries it has high risks. So bitcoin has really an effect on the current economy system; Banks were disturbed of the strong in of bitcoin in the cryptocurrency market, there's been lots of speculations like high cost of investing in the stock market compared to bitcoin purchase transactions, and another is the birth of cryptocurrency market which is decentralized.
Mukhang malaki ang tyansa na magkakaroon na ng buwis ang crypto sa future.
"The direction is for us to consider this so-called virtual currencies offerings as possible securities in which case we will apply the Securities Regulation Code" -SEC Commissioner Emilio Aquino
http://www.manilatimes.net/regulators-eye-wider-virtual-currency-use/364344/
"The direction is for us to consider this so-called virtual currencies offerings as possible securities in which case we will apply the Securities Regulation Code" -SEC Commissioner Emilio Aquino
http://www.manilatimes.net/regulators-eye-wider-virtual-currency-use/364344/
Mas maganda if gawan ng security asset ang bitcoin nang sa ganun secure na secure ito. This is called asset-backed security which an income payments and its value are being secured or backed by a specified underlying assets so Hindi Basta Basta ito Makukuha at Maibenta sa iba and mawawala ang risk sa investing na syang ikinababahala ng Karamihan. Isa sa mga pinakamagandang pangyayari yan sa bitcoin if nagkataon. A securitized asset is a risky-free asset. Expected talaga yang mga tax issue, ok Lang at least we can contribute for the good of the governemnt.
mam/sir, question lang po kung ano po ang nagpapagalaw sa presyo ng bitcoin? halos pareho lang rin po ba ito sa stock market? malaki rin ba epekto ng ekonomiya dito?
There are factors that causes the movement of bitcoin price from totalbitcoin.org ; government issue on the regulation of bitcoin. Price will move if there are assumptions on the restrictions on bitcoins; Media/Press factor -negative news regarding bitcoins; Market acceptance as way of payment and services-price tend to go down if fewer establishments are accepting bitcoins and other more factors like technological innovations.
Sa pagalaw ng presyo sa stock market is influenced by industry performance, investor sentiment and economic factors like inflation, deflation, political and foreign dollar value. So Meron din epekto and ekonomiya natin.
Re: May establishments ba na nag aaccept ng bitcoin as payment?
May mga establishments na bang tumatanggap ng bayad dito sa Pilipinas na hindi mo na kailangan iconvert to PHP un bitcoin?
Meron naman mga merchants sa Pilipinas na tumatanggap ng bitcoin as payment both online and offline ayon sa techinasia. Kagaya ng:
Metrodeal and Cashcashpinoy-this is a cart check-out process ordering and buying online
True property - this is the first property marketplace
The bunnybaker started last January-made cake for all occasions
Mr. D's Artisanal Sundries located at Salcedo Market in Makati City-if you are looking for smoked and cured meats like bacon and corned beef.
Wirin Cupcakery-in Metro Manila selling online MTO cupcakes
Baicapture at Legazpi, Makati City-photography services for family or corporate occasions
Import Valley-sells watches from China and US online
https://www.techinasia.com/bitcoins-spend-7-merchants-accepting-bitcoins-philippines