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Showing 20 of 59 results by Lakash
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Board Bitcoin Discussion
Re: facebook bans bitcoin
by
Lakash
on 07/08/2018, 13:13:38 UTC
Is it true that facebook is banning all advertisements for cryptocurrency, including Bitcoin ? but why?



Not anymore. As of June 26, 2018, Facebook is easing its ban – sort of – on ads related to cryptocurrency.

see link : https://www.coindesk.com/facebook-relaxes-ban-accepts-crypto-ads/
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Topic
Board Economics
Re: What will you do with the current market?
by
Lakash
on 07/08/2018, 11:26:45 UTC

Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?



The most effective way to earn earn right now is to join bounty programs. Starting from scratch, hodl them until the coin prospers. Good news that bitcoin rises back to the $7000 level currently but with bitcoin's volatility, may still go down.
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Board Bitcoin Discussion
Re: Starbucks Plans to Support Bitcoin Payments Later This Year
by
Lakash
on 07/08/2018, 03:19:23 UTC
https://i.imgur.com/h7BjtNm.jpg

Brace yourselves fellow coffee addicts. We can now drink our favorite iced coffee or even pay for everything we eat in Starbucks for they are already accepting bitcoin as payment. This is one way of making bitcoin and other cryptos go into mainstream. We need big companies adopting to crypto for it to be known to public. Hope that in the near future every business establishment will make list bitcoin as one of the mode of payments for items purchased. I can't wait to try it out myself. Looking forward for this to take effect asap.

https://toshitimes.com/starbucks-to-support-bitcoin-payments-this-year/

Do you think this adoption will increase the value of bitcoin? Does this really have huge impact on the performance of bitcoin in the crypto market?





I find a very contrasting news regarding Starbucks supporting or accepting bitcoin as payment. I am now a bit confused. Which is which? See both links below

https://cointelegraph.com/news/no-coffee-for-bitcoin-starbucks-clarifies-as-media-misrepresent-its-new-crypto-venture

https://toshitimes.com/starbucks-to-support-bitcoin-payments-this-year/
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Board Bitcoin Discussion
Re: Starbucks accepting Bitcoin soon? Nope!
by
Lakash
on 06/08/2018, 12:23:22 UTC
I’m a long time frappeholic of Starbucks, and I usually hanging out myself or with my friends there. There is a news plus a video from CNBC that Starbucks would finally accept Bitcoin soon.

However, it won’t happen as of this time as Starbucks clarifies media misrepresentation.

Take a look here guys: https://cointelegraph.com/news/no-coffee-for-bitcoin-starbucks-clarifies-as-media-misrepresent-its-new-crypto-venture

At first, I was excited because I am a long time customer of Starbucks in a local mall. But this was just sad.



With bitcoin's volatility, businesses will have second thoughts of accepting bitcoin. But there are also reasons for businesses to accept bitcoin. You can check on the link below.

https://gowithccg.com/blog/2017/10/25/7-reasons-you-should-start-accepting-bitcoin-payments-now
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Board Bitcoin Discussion
Re: Computer virus used to steal cryptos?
by
Lakash
on 06/08/2018, 10:15:35 UTC
As I have seen from a website about China's nabbing crypto thieves.  So, being a computer genius has a lot of advantages to get rich so easily with cryptocurrencies if they will not be caught.  Unlike us who makes clean living by trading, mining, investing and bounty hunting, they tend to get easy income in their professional thieves way.  Might be this is the reason why bitcoin's value is going down.  Just my thoughts..

Check out the link about this news I have red.

https://sg.news.yahoo.com/china-nabs-crypto-thieves-social-120041067.html



This is quiet alarming. But upon checking on the internet, different computer viruses are already/have been active to to steal other person's bitcoins. Like this link below that I will be sharing, pretty sure this is not a scam. It's happened in 2017 and sure that there are already instances that happened before this.

https://www.kaspersky.com/blog/cryptoshuffler-bitcoin-stealer/19976/
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Board Bitcoin Discussion
Re: Its time to move on, and ignore the BTC !!!
by
Lakash
on 20/07/2018, 10:55:06 UTC


  For me it's clear, from the moment BTC went to the Dow it slide down and be played by the big boys.
  More and more we see up's and down's controlled by some big players between 6000 and 7500.
  Alt coins are following that vibe, and some step out the line but be pushed in the direction the big players want.
  I ask myself who is behind it, are governments behind it that not like the BTC and want it pushed down to get people frustrated.
  So frustrated that many of us, get sick and tired of the up line pushed down already few time around 7400.
  Ofcourse we are human, and after some push down's, we want to be strong and not give up.
  But we also not want to be that person that miss the boot, where the rest break and sell the BTC.
  It's almost 12 o clock when this price will go up around 7400 again, and drops down again i see a huge drop coming.
  And the faith in going up higher, will be lost more and more. And that is what they want.

  So what are you going to do ?   Am I wrong ?      It's massive indoctrination dunn by huge selling dumps.

  We have 2 options Guys, let them play with us and let them win.

  Or show them that BTC is much stronger then some Jealous scary Government, they need to be stopped.

  We can only win this battle if you leave your finger off the Sell button.

  Succes gr Bas  sorry for shitty English   


I bet you are going to make a U-turn with the latest development in bitcoin price for the last 3 days as bitcoin price has been rising.

see link : https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-latest-chart-cryptocurrency-market-rise-profits-a8452426.html
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Board Bitcoin Discussion
Re: Awareness is the biggest influence.
by
Lakash
on 19/07/2018, 09:39:38 UTC
So we all know BTC drops when people sell their coins... but the peaking is purely because of investments...

The mall in S.Korea that started accepting BTC as of this month played a massive roll in BTC's growth. Obviously this is because BTC's awareness is growing!

Surely there are ways to bring the awareness of cryto to the population.

Are there any other 'blow ups' of crypto that you have heard of? Similar to the mall...
What are you doing to spread the awareness? Smiley


A sea change in the awareness of Bitcoin and what it ultimately represents is nearly upon us. Once this realignment in our understanding of money, who owns it, and how it comes into existence evolves, then great great strides in throwing off the old financial paradigm will be well underway.
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Board Bitcoin Discussion
Re: Media tries a little too hard to...
by
Lakash
on 18/07/2018, 10:39:32 UTC
...undermine cryptocurrencies and convince the world that it's "not worth it" - maybe, in fact this is the time to get in, before the bitcoin skyrockets?
Any thoughts..?

For reference, here's the article I can across today: http://money.cnn.com/2018/06/18/technology/bitcoin-cryptocurrencies-internet-bis/index.html



There really are certain agencies (not just media) that are not happy with how bitcoin and cryptocurrency has grown. We can never force them to be, but at least I, I don't want to listen to them. Cryptocurrency is more than what they think. They are just closed-minded.
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Board Speculation
Re: UPDATED BITCOIN PRICE NOW as of today 07-18-2018 GRADUALLY HIGHER
by
Lakash
on 18/07/2018, 06:44:08 UTC
Guys! start from now updated 07-18-2018 the Price value of Bitcoin is Gradually higher  from 6,380 USD that was yesterday and now 7,412 USD is it the sign of the price continually higher?



This is a BIG development for all of us. Thank you for the update though. Bitcoin is going to shock the world again by storm.
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Board Beginners & Help
Re: How would you define the BLOCKCHAIN?
by
Lakash
on 14/07/2018, 22:18:50 UTC

We all know what the blockchain is and how it is related to bitcoin or other cryptocurrencies, but how would you define it to someone who has never heard the word 'blockchain'?
Here is one I find easy
' The blockchain is a global and decentralized ledger that stores information about a transaction and also verifies the data'
What is you own favorite definition or explanation?




Blockchain is a growing list of records, called blocks, which are linked using cryptography. Blockchains which are readable by the public are widely used by cryptocurrencies. Private blockchains have been proposed for business use.
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Board Economics
Re: Does money make you rich?
by
Lakash
on 14/07/2018, 14:21:12 UTC
To me the answer is No. Money alone doesn't make an individual rich. A lot of people go to work everyday, working for money and making more money, but fail to become richer. Ironically, many only grow deeper in debt.we have all heard stories of lottery winners who are instantly poor again. Also there are cases of real estate going into foreclosure instead of making homeowners richer. We all know of persons who have lost money investing in the stock market. Maybe you are one of those individuals who have lost money investing on cryptocurrency,Bitcoin to be precise. Even investing in gold(real money) can cost the investor money

For all intents and purposes, it is not business, estates, stocks, bitcoin (crypto currency) or money that makes a person rich. It is information, wisdom, knowledge that makes one wealthy.



You have a point. But wealth is not about having a lot of money. It’s about having a lot of options.
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Board Economics
Re: stupidity is so close to poverty
by
Lakash
on 14/07/2018, 14:15:21 UTC
stupidity is so close to poverty, do you agree with such a phrase?
if it yes, means the poor are the fools.
I want to know your opinion.  Grin Grin



Being stupid is up to the person whether rich or poor. There are super rich people who are stupid. If the person is stupid, rich or poor he is, he is really stupid. Money cannot buy a good behavior.
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Board Bitcoin Discussion
Re: CloudFish - leading player in the cloud security and block-chain
by
Lakash
on 14/07/2018, 13:41:45 UTC
CloudFish is a startup backed by GeorgiaTech's accelerator in the United States. CloudFish developed a security platform that enables companies and individual users to secure their assets stored in the cloud using blockchain technology. it use machine learning algorithms to automate threat detection and control before it becomes a risk to the security of users’ assets.

Unlike the encryption-based cloud security solutions available in the market, CloudFish is using an innovative approach to secure data that leverages the block-chain technology. Traditional encryption-based security product available in the market, encrypt user data and store the encryption keys on cloud servers. This approach secures data in most cases. However, if the cloud server that stores the encryption keys is itself hacked then the users’ stored information can be decrypted and hacked.

In contrast, CloudFish developed a proprietary technology that encrypts the digital enterprise assets like documents, emails, IPAs, crypto-currencies etc. It then splits the encryption key into millions of pieces and distribute it on block-chain thereby making it virtually impossible for a hacker to decrypt
and steal the sensitive data. The dynamic key split and reconstruction mechanism on block-chain is a proprietary technology of Cloudfish for which a patent is in-progress.

1. ICO website
cloud-fish.io

2. White paper
cloud-fish.io/CloudFishWhitepaper.pdf




CloudFish’s technology is backed by renowned researchers in the cloud security space. CloudFish is an official member of Georgia Institute of Technology’s ATDC Accelerate program. The security platform developed by CloudFish is integrated with major cloud services vendors including Dropbox, Google Drive, Box and Microsoft OneDrive.
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Board Bitcoin Discussion
Re: Again, Bitcoin described as a Bubble.
by
Lakash
on 14/07/2018, 13:16:36 UTC
Still a lot of discussions about the future of bitcoin and cryptocurrencies surrounding in scientific community. Aren't experts yet convainced that bitcoin is a reality?
In an interview for CNBC, Robert Shiller the professor at Yale University expressed his rather negative sentiment towards Bitcoin and other cryptocurrencies, saying:

Quote
To me it’s another example of faddish human behavior.
Link to the interview: https://www.cnbc.com/2018/05/21/bitcoin-could-be-another-failed-currency-robert-shiller-says.html

Shiller consolidated his opinions on Bitcoin and other cryptocurrencies in a long post from where i prefered to take this note:

Quote
Practically no one, outside of computer science departments, can explain how cryptocurrencies work, and that mystery creates an aura of exclusivity, gives the new money glamour, and fills devotees with revolutionary zeal, […] None of this is new, and, as with past monetary innovations, a seemingly compelling story may not be enough.
Link to full article: https://www.project-syndicate.org/commentary/cryptocurrencies-scientific-narrative-by-robert-j--shiller-2018-05




No matter how many times they call bitcoin as a bubble, I don’t really care. They can call bitcoin whatever they want. We all have different views and are all entitled for our own opinion.
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Board Bitcoin Discussion
Re: I CHOSE BITCOIN INVESTMENT OVER BANK INVESTMENT
by
Lakash
on 14/07/2018, 12:35:36 UTC
Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.

I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?    



Unlike international bank transfers at the time, it was low-cost and almost instantaneous. An added benefit for merchants (less so for users) was that it was irreversible, removing the threat of expensive charge-backs.
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Board Bitcoin Discussion
Re: What is the best Cryptocurrency lending platform?
by
Lakash
on 14/07/2018, 11:09:34 UTC
I am thinking about trying out crypto lending platforms.
Which one would you suggest and why?
I hope those who have tried the different platforms help me to decide. Thank you!



CryptoLux(CLX) is a new platform which will provide a variety of investment opportunities for those inclined to use their platform. They have a unique lending program, a staking program, a cold storage program, and a gambling program.
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Board Bitcoin Discussion
Re: Cryptocurrencies Can Never Replace Fiat – Says EU report
by
Lakash
on 13/07/2018, 23:31:21 UTC
The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has come up with a report on cryptocurrency entitled “Virtual currencies and central bank’s monetary policy: challenges ahead”. The finding of reports shows that cryptocurrency will not replace fiat currency, even in the long term. https://bit.ly/2NeLgLr



Cryptocurrency cannot replace fiat currency since not everybody is using it. It will never replace fiat currency. There are a couple of people who are bringing it down. Fiat currency has established it’s roots and is very well backed by different agencies.
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Board Bitcoin Discussion
Re: Which one do you choose?
by
Lakash
on 13/07/2018, 22:03:52 UTC
Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?



In many cases, using bitcoin is the easiest and quickest way to make a payment on the internet. When making a donation, or buying a digital item that doesn't require shipping, Bitcoin doesn't require any personal information.
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Board Bitcoin Discussion
Re: IS IT TRUE THAT CYRPTOWORLD IS PRUNE TO HACKERS?
by
Lakash
on 07/07/2018, 10:20:28 UTC
The past year has seen the rise of Bitcoin and other cryptocurrencies. The increase as witnessed in the cryptoworld attracts many investors, ranging from those who understand the ideology of Bitcion and newbies whose idea was to get rich quick from investing into Bitcion world. The growth in cryptomarket also leads to increase in cybercriminals. The rate at which hackers were attacking exchanges are on the increase.

I just need your suggestion on how to curb menace of hackers in order to build investors confidence in this cryptoworld to optimum level.



There's no perfect solution to the problem. In the age of cryptocurrency, hard drives and personal computers have become the new bank vaults. And our real-world knowledge of protecting money from theft is not enough in the virtual world.
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Board Bitcoin Discussion
Re: Peoples have more dependency with the zebpay
by
Lakash
on 07/07/2018, 03:38:50 UTC
That dependence will be a burden for those who have been addicted to using it, and I think it should be able to be developed.



This is pretty much the truth. That dependence will be a burden for those who have been addicted to using it as it needs adjustments using another Bitcoin wallet app that enables bitcoin transactions using mobile number without any complexities to understand bitcoin addresses, taking backups or fear of losing bitcoins.