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Showing 20 of 71 results by Kesecer
bitcoin is not going to ruin a country, bitcoin is providing opportunities to its people for investment and trading, so bitcoin can be a good tool to increase the status of a country economically. i think if government take serious step about bitcoin and regularize then they can also impose tax on it and will certainly collect good tax from bitcoin.
I think it's bad for bitcoin..... adds to confusion, adds to the politics (see bitcoin cash). Forks should not be allowed the prefix of bitcoin. They are just alts.
bitcoin is open source, this means you cannot forbid forks.
I didn't say that... i said that the prefix 'bitcoin' should not be allowed on forked coins (exchanges, news outlets, the community would need to enforce this). It is confusing new users.
Allowed is maybe not the best word... it should not be accepted.
If your talking that much why not just invest in a hardware wallet like a Trezor?
I just got one. Just took it out of the box yesterday. I love it.
Banking on Bitcoin
Why we like it: Banking on Bitcoin illustrates bitcoins resilience, just how diverse the bitcoin community is, and why thats ultimately a very positive thing.
A must-see, if: youre curious about the innovation-regulation debate, and where a variety of early adopters stand.
If youve already watched The Rise and Rise of Bitcoin, youll have the chance to catch up with some of those same notable early adopters here. This recent documentary looks back at big ups and downs since bitcoins emergence over 8 years ago. The question of whether a balance between innovation and regulation can be achieved is a big theme throughout. Banking on Bitcoin illustrates the diverse perspectives on these topics, and how the featured pioneers have helped shape the bitcoin community today.
Why we like it: Banking on Bitcoin illustrates bitcoins resilience, just how diverse the bitcoin community is, and why thats ultimately a very positive thing.
A must-see, if: youre curious about the innovation-regulation debate, and where a variety of early adopters stand.
If youve already watched The Rise and Rise of Bitcoin, youll have the chance to catch up with some of those same notable early adopters here. This recent documentary looks back at big ups and downs since bitcoins emergence over 8 years ago. The question of whether a balance between innovation and regulation can be achieved is a big theme throughout. Banking on Bitcoin illustrates the diverse perspectives on these topics, and how the featured pioneers have helped shape the bitcoin community today.
This is how I see it. Correct me if I am wrong. If a percentage of the population makes a large amount of money would that money not be put back into the economy of that said country? Or does the government worried that they are running such a shithole of a country that everybody's going to flee once they get a few dollars in their pocket? I believe it is for the better of mankind. Live the way we are supposed to live without the continual pressure of the government dragging everybody down and robbing them blind.
Every fiat currency today is regulated by putting constant new amounts on the market. That way we get inflation. Inflation makes sure that everybody needs more money and keeps on working 40h or more, even if new technology should actually make us work less. Bitcoin doesn't have inflation.
This economic shift presents a bigger issue that needs to be discussed as a society. If we move to a financial system such as Bitcoin do we voluntarily pay taxes, donate to infrastructure projects or just let our roads/sewage/water plants and systems deteriorate?
Indonesian Central Bank is only bluffing. They dislike Indonesian people holding currencies other than rupiah. They don't want us Indonesian people benefiting or being rich from bitcoin. We Indonesians will not subdue to these centralized & corrupt scumbags. I still hold my bitcoins and my other alts. I couldn't wait what they are going to do next week.
hahaha ... keep trading dude
im indonesian and im with youWell if more Governments ban Bitcoin , this is good for anonym coins like Onion. But in my opinion you can t ban Cryptocurrency , people will always find a way to use their crypto coins , no matter what the government says.
Once something becomes illegal is when it peaks the interest of others. Human nature tends to make people curious about things you're told not to do although early on in the game it is still to early to think about any implications that may be disastrous to BTC as they have no direct correlation.
Our apologies for this long negotiations and misunderstanding. To protect users security we need to prove the identity, although we understand it can be irritating. Glad your case was resolved and account enabled.
I've read many people that have problem with their withdrawal and it some situations it seems like they do more than a month to solve it. Hope you solve this asap.
Can you send us your user id or ticket number, we will check what the problem is
Whoever downvoted this, please leave a reason why. My anger about them is not justified?
Sounds like a very frustrating and nerve-racking situation but at least they're communicating with you which is good.
I upvoted you because your experience and feedback may help someone else.
Will we ever use Bitcoin for day by day use? Buy a bread, a phone, a car, an appartment? Or Bitcoin will more likely be a way of just storing value and we have to rely on altcoins to use them daily?
I prefer your second opinion like BTC to be storing value. The costs prove it us. I dont think BTC will go down to costs of alts so we will use them for daily.
Just a heads up to anyone getting into this field. Amongst the genuinely revolutionary tech is a minefield of scams and people simply pumping their own investments. For every over night millionaire there is a bunch of bag holders. Be very wary of people recommending this or that. Do your own research. Don't get emotional and 'panic buy'. And only invest what you can afford to loose. It's truly un unregulated wild west. Be careful.
Yes, Bitcoin will perhaps solve it's problems. But at least Ethereum has a roadmap with plenty of developers working within to advance it's technology.
I do a lot of research and all should do the same. The projects I mentioned are pretty solid. Most importantly these are relatively still in early stages of development or growth, bigger risks or bigger rewards, if as this article suggests crypto will go mainstream.
Sorry..replied to wrong comment. Guardian doesn't allow you to delete??
To complete a real-world transaction in which the buyer / seller requires a traditional currency.
Plenty of trades take place solely in bitcoin.
Think: drugs, extortion, you get the idea.
Plenty of trades take place solely in bitcoin.
Think: drugs, extortion, you get the idea.
I'm not sure I really understand your comment. You could just as easily ask the question the other way around. Using cash to buy something is a method of exchange, that's all. Buying a cryptocurrency with cash is no different than buying foreign currency with cash. The only measure of the value you could ascertain from either transaction would be the exchange rate.
"One of the newest offered to market is Tazos..."
No Tazos are something different, does anyone proof read this stuff ?
Bitcoin is slow to transact, energy intensive and if you lose it, you really lose it. You can't just call the bank to get it back.
It is, at the same time, intriguing and a very intelligent design. Nonetheless, it carries the seeds of its own destruction.
If you don't already know, bitcoin is 'produced' by vast data-centres, consuming on aggregate the same energy as the whole of Ireland. And that's with a current minuscule market cap.
Sustainable? Naah...
It is, at the same time, intriguing and a very intelligent design. Nonetheless, it carries the seeds of its own destruction.
If you don't already know, bitcoin is 'produced' by vast data-centres, consuming on aggregate the same energy as the whole of Ireland. And that's with a current minuscule market cap.
Sustainable? Naah...
Have you considered the vast number of data centres full of whirring computers it takes to run the very Internet we converse on? It's only 'worth it' if you consider it worthwhile. You simply don't consider bitcoin worthwhile. While others clearly think that Bitcoin has tremendous value with much more to come. Perhaps they are wrong, or are you missing something?
Well - we have currency today that is free and fast to transact, free to store and enables others to prosper, since our surpluses can be lent to others. Transactions are also guaranteed so that you are protected from fraud.
Bitcoin is very slow to transact (about 10 mins), costs a lot to store, is not easy to lend and the big problem is this: if you are defrauded, then tough luck. It's gone.
There maybe 250,000 active users of bitcoin, consuming more energy than the whole of Ireland, just to keep this ponzi scheme going.
The internet on a whole uses a lot more energy than Bitcoin, but it is a lot more efficient in that I can send multiple online data transactions for a fraction of the energy expenditure required to make a single Bitcoin transactions.
If Bitcoin had the same activity and economic output at the internet does currently, the energy expenditure needed to secure it would be orders of magnitude larger than the internet.
logical fallacy
Sorry but the current system it totally open to criminals just as much as bitcoin. At least with bitcoin you can see every transaction on the ledger.
How, exactly?
Money has been practically the same for hundreds of years, controlled at a centralized source, etc.
Money is now entering an new era, acquiring new dimensions, becoming decentralized, and becoming smart
It will take a while for people to get used to this, but they will....
Money is now entering an new era, acquiring new dimensions, becoming decentralized, and becoming smart
It will take a while for people to get used to this, but they will....
The criminals have got used to it very quickly indeed. That's what happens when you have no centralised control.
You're referring to (private) bankers, right?
They are already mainstream - hence banks trying to exploit their value.
I'm not particularly enthused by bank-issued novel cryptocurrencies, though.
The entire idea is to not rely on a central issuing agency.
I'm not particularly enthused by bank-issued novel cryptocurrencies, though.
The entire idea is to not rely on a central issuing agency.
Crypto currency will be the cause of the next great economic crash
What if somehow , in any way, Bitcoin stabilizes ? How are we going to deal with that ? and yeah you are right about the salt, I think some people still use it to trade in certain areas.
I admit that the first time I heard about bitcoin was in March 2013.
I knew some basic economics and basic computer science. I believe that there is only three concepts that you need to know that makes bitcoin interesting:
You can't have a currency that uses something that is not rare.
Computers are very good at copying things.
If no one is in direct control of something then everyone using it is in control of it.
I recognised these things and was fascinated, immediately and began mining. I'm not saying I understood everything about it, it took me a good 2 months to actually understand how it worked. In this time I would constantly referred back to the white paper and try to make sense of it.
I am very invested in the success of bitcoin now and it scares me... maybe beyond want I am willing to accept.
I knew some basic economics and basic computer science. I believe that there is only three concepts that you need to know that makes bitcoin interesting:
You can't have a currency that uses something that is not rare.
Computers are very good at copying things.
If no one is in direct control of something then everyone using it is in control of it.
I recognised these things and was fascinated, immediately and began mining. I'm not saying I understood everything about it, it took me a good 2 months to actually understand how it worked. In this time I would constantly referred back to the white paper and try to make sense of it.
I am very invested in the success of bitcoin now and it scares me... maybe beyond want I am willing to accept.