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Showing 20 of 47 results by KIROMATH
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Board Bitcoin Discussion
Re: Bitcoin uses too much energy?
by
KIROMATH
on 15/09/2018, 11:26:34 UTC
Statistics may have pointed that bitcoin is using too much energy but when considering the return that bitcoin provide for its users it is beneficial because large number of people now rely on bitcoin as traders , investors or as users who use it as a currency for payments and there are individuals who have made bitcoin there only living source so if we neglect bitcoin by only pointing its one problem we have forgot all its benefits in the process so rather than accusing bitcoin we need to find a better solution to fix the problem or to  reduce it 
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Board Bitcoin Discussion
Re: Is Bitcoin Mining Really Causing Environmental Damage? Maybe not that much...
by
KIROMATH
on 15/09/2018, 11:23:57 UTC
Even bitcoin waste too much energy when considering the return that bitcoin provide for its users it is beneficial because large number of people now rely on bitcoin as traders , investors or as users who use it as a currency for payments and there are individuals who have made bitcoin there only living source so if we neglect bitcoin by only pointing its one problem we have forgot all its benefits in the process so rather than accusing bitcoin we need to find a better solution to fix the problem or to  reduce it
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Topic
Board Bitcoin Discussion
Re: My sweet and bitter experience about bitcoin
by
KIROMATH
on 14/09/2018, 16:59:24 UTC
I am not surprised to hear what you have gone through because many stories are written in the same way in the history of cryptocurrencies during past several years but the experience you have gained through terrible times are very valuable and I hope you think the same way so for any trader or investor who have experienced such things can build there future here after with solid foundation with there experience and knowledge which is something many don't have much
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Board Bitcoin Discussion
Re: LIKE IT OR NOT, BITCOIN IS AN INVESTMENT
by
KIROMATH
on 14/09/2018, 16:44:36 UTC
Most like bitcoin as an investment even than a great digital currency and maybe some like bitcoin to be the way it is now with price variations because it is good for cryptocurrency traders but like that any cryptocurrency wont go a long path if they only stuck withing exchanges and wallets and I haven't come across many usable things that can do with bitcoin still except some online sites which is not the way it is suppose to be
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Board Bitcoin Discussion
Re: They want you to panic :->
by
KIROMATH
on 14/09/2018, 16:36:23 UTC
Manipulation is normal in the crypto world right now in many exchanges it happens and I think this is the negative side of being decentralized maybe I am wrong but in the share market even some rich dirty people does these things there is a limit they can go and governments often catch those kind of people who try to change the market to there advantage but in here no once to make regulations and no one to stop them unless we do something as a community 
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Board Bitcoin Discussion
Re: Bitcoin uses too much energy?
by
KIROMATH
on 12/09/2018, 09:49:54 UTC
https://motherboard.vice.com/en_us/article/7xmvbq/bitcoin-energy-science-world-electricity-demand

Now Motherboard is not the best source for news, but let's consider the implications of this...

Consuming immense amounts of energy is actually somewhat counterproductive if we consider the vision of Bitcoin giving us tools for independence. And it's somewhat unethical because we should not be using more than we need on this earth.

However, we don't really know how much energy it is consuming at this stage, so this could just be another reporter trying to find a story.

 Many say bitcoin use too much energy and it is a popular debate that we see going on about the environmental damage that is done due to bitcoin mining and I have heard some miners say bitcoin mining consume more electricity than other currency mining and some even don't mine bitcoin anymore specially in countries like mine where electricity prices are high so there wont be any considerable amount of profits at the end for the investment but hope with better solution this situation will change or this will become a major issue for the environment if majority of the population starts to use bitcoin   
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin Mining Really Causing Environmental Damage? Maybe not that much...
by
KIROMATH
on 12/09/2018, 09:44:50 UTC
it is a big and a very popular debate that we see going on about the environmental damage that is done due to Bitcoin mining and I have heard some miners say Bitcoin mining consume more electricity than other currency mining and some even don't mine Bitcoin anymore specially in countries like mine where electricity prices are high so there wont be any considerable amount of profits at the end for the investment but hope with better solution this situation will change 
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Board Bitcoin Discussion
Re: What Can Be Done To Make Government Legalize Bitcoin
by
KIROMATH
on 12/09/2018, 09:27:55 UTC
The bitcoin as a crypto currency is still very young and has not been noticed by all countries so it just need some time until it gets legalized by the country.

Bitcoin is NOT guaranteed to be legalized. I'm pretty sure the government wouldn't want a form of currency that would be difficult for them to tax, especially if a lot of people aren't willing to pay for their taxes.

Government major issue is the tax problem for Bitcoin users and there are many users who use Bitcoin to get rid from government taxes and at the moment this is not a huge trouble for governments in the world because still there are only few amount of people who use Bitcoin but if the number increases in the future that will reduce a huge income for any government which will be a terrible issue to find money to develop countries specially for countries still under development 
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Board Bitcoin Discussion
Re: Physical bitcoin - Is this the future?
by
KIROMATH
on 11/09/2018, 11:44:14 UTC
Some prefer paper Bitcoin because most currencies today used as paper currencies and that is the common way but this common way is digitizing rapidly and as an example print out papers that we used in our offices are not used often that much to save money and carbon so instead of that we use an electronic mail system which is very convenient and cost effective than a paper so it is the same for Bitcoin in paper form and digital from so even paper form is preferred today in the future digital from will be accepted as better
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Board Bitcoin Discussion
Re: Who controls the crypto market?
by
KIROMATH
on 11/09/2018, 11:37:30 UTC
Peoples, market control the price.  Supply and demand, more peoples to buy, the price will going up and vice versa.

Yeah it is a collection of many things when more people to buy there is much demand so the price increase and if more people start selling the price will eventually go in the other direction and for more people to buy or sell information in the market plays a major role so good/positive information make more people to buy and increases the price  and bad news change the market in the other direction so it is a chain of reactions
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Board Bitcoin Discussion
Re: What Are Your top Concerns in Bitcoin and Crypto?
by
KIROMATH
on 11/09/2018, 11:32:52 UTC
My main concern is the price of Bitcoin in the future because I have planned to invest in Bitcoin but like many I am not a wealthy person so if I am investing that means I have to take a huge risk and a burden on my shoulder so I always think how will be the Bitcoins price will be in the future whether it will increase or it will again go down to 3000$ because even some can take such losses for me that kind of loss is too much considering my situation but I really want to do an investment because doing nothing wont make any change in my life
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Board Bitcoin Discussion
Re: Why Bitcoin isn't a legit currency.
by
KIROMATH
on 11/09/2018, 11:21:53 UTC
You have clearly mentioned the major reasons why Bitcoin cannot become a legit currency and I agree with them and Bitcoin huge price changes can be a major problem for many business personals who are willing to use it with there core business to gain more profit because when a customer comes and purchase something for a one Bitcoin during that moment the deal can be very profitable for the retail store but in a few days due to Bitcoin huge price drop it can be a disaster but even we see same things happen in dollars we don't see such variations so if Bitcoin to become legit there are many qualities it should gain
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Board Off-topic
Re: How do you spend time between projects?
by
KIROMATH
on 09/09/2018, 06:03:37 UTC
As the question says how do you spend time between farming projects? What do you do?

I do work in a company so between projects I have nothing else to do
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Re: Crypto will ever replace Fiat?
by
KIROMATH
on 09/09/2018, 05:52:46 UTC
I don’t think the government would ever allow that

Yeah because if that happens the governments will never have the control over there economy
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Board Off-topic
Re: Crypto will ever replace Fiat?
by
KIROMATH
on 09/09/2018, 05:41:36 UTC
Actually I don't think crypto will ever replace fiat, I think they will co-exist to serve different purposes.

What is your opinion?

Crypto is great and has more features than fiat but I don't think the world and countries will allow fiat to replace with cryptocurrencies
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Re: Shouldnt you be learning how to hack instead?
by
KIROMATH
on 09/09/2018, 05:30:22 UTC
Why do you even bother with anything else when you could score more money than any other endeavors by hacking an exchange?

Are you too dumb to do what another human being has accomplished?

That is a bad idea and dirty way of living because no good will come if we steal some once hard earned money
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Re: Would You Use Augmented Reality To Promote Your Business?
by
KIROMATH
on 09/09/2018, 05:20:56 UTC
Have you heard about San Francisco’s Lightform Inc’s new augmented reality tool? This tool amazingly transforms normal scenes into “immersive experiences" – a staircase can become a projected AR waterfall, or a retail display can become an interactive screen, projecting fire, rain, or product information.” Imagine how this can change holiday display windows at malls!

How would you use AR to promote your business, store or yourself?



It should be really beneficial and fit with the business processes and if it is I will definitely
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Re: What is your favorite manga?
by
KIROMATH
on 22/08/2018, 04:30:40 UTC
Check Golden Kamuy
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Re: Any Legit ways to make money online?
by
KIROMATH
on 22/08/2018, 04:23:15 UTC
Try forex trading but learn thoroughly first
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Re: What is the best investment you have made?
by
KIROMATH
on 22/08/2018, 04:11:23 UTC
I invested in silver using a platform in 2010 and the price was tripled in weeks time