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Showing 20 of 20 results by Mr.Bitcoin111
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Topic
Board Altcoin Discussion
Bitcoin miracle: transparency miracle
by
Mr.Bitcoin111
on 22/08/2021, 18:30:18 UTC
The cryptocurrency has many opponents and sympathists in the capital market. Bitcoin does not have all the traditional financial infrastructure that is ahead of individuals, so many people use it easily. Bitcoin is currently developing one of the financial technologies that has many positive and negative points:

The biggest and perhaps most important advantage of digital currency is its transparency because all transactions related to it are conducted in a completely transparent and visible environment.
Other advantages of the cryptocurrency include its low commission.
One of the most important advantages of Bitcoin is its easy handling compared to other currencies. Bitcoin wallets that are encrypted throughout are very clever in keeping money and currencies.
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Topic
Board Altcoin Discussion
What is the future of digital currencies?
by
Mr.Bitcoin111
on 22/08/2021, 18:10:27 UTC
Cryptocurrency investments can grow dramatically in the short term, but it is essential to have a thorough understanding of how a project works before risking any capital. Short-term investments may seem like an easy way to make a quick profit, but trading on shorter time scales requires experience, intuition, and subtle differences.

Unstable markets can ignite a variety of emotions in inexperienced traders, and what may seem like the right decision at the moment can often be extremely damaging. The industry may be in its infancy, but it is now in the process of being accepted by the people. In your opinion, which currency is the best digital currency to invest in in the long run ?!
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Topic
Board Bitcoin Discussion
Can Bitcoin be an encrypted currency for long-term profits?
by
Mr.Bitcoin111
on 22/08/2021, 17:49:47 UTC
The bitcoin storage ceiling is 21 million BTC, which benefits miners due to network security. Every four years or so, the supply rate is reduced by half, causing BTC to increase and decrease over time.

Bitcoin is not the only digital currency with this type of periodic decline. Various other altcoins also follow these important and harmful conditions at the time of release. Since there will be only a limited number of bitcoins, it may cause the loss of bitcoin buyers.
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Topic
Board Bitcoin Discussion
Bitcoin catastrophe for central banks around the world
by
Mr.Bitcoin111
on 22/08/2021, 17:41:30 UTC
Today, central banks around the world have warned of the outflow of liquidity and their move to bitcoin. Protect against the storm that Bitcoin has launched.
Instead of waiting, governments should step in and take advantage of this potential.
The increasing alienation of governments from the digital currency community is to their detriment because as the percentage of bitcoin acceptance among the people increases day by day, we can all easily see the world economic future dominated by bitcoin.
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Topic
Board Bitcoin Discussion
Is bitcoin mining still profitable?
by
Mr.Bitcoin111
on 22/08/2021, 17:32:53 UTC
As you know, bitcoin mining has become one of the most lucrative businesses in the world today, but by the complex laws imposed by various governments, including the U.S. government, on miners, it may be said that conditions for miners have become difficult, but I think governments, after a while to outdo each other, using clean nargis, again, have made the extraction conditions for miners. will be conducive .
Governments need to know that the future economy of the world is the blockchain economy, and banning miners means pushing their country back from this new economic wave, which I think governments will believe after a while.
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Topic
Board Bitcoin Discussion
Why is Satoshi Nakamoto's anonymity worrying?
by
Mr.Bitcoin111
on 22/08/2021, 13:42:37 UTC
Satoshi's anonymity often raises unjustified concerns, many of which are related to a misunderstanding of bitcoin's open source nature.
Perhaps Satoshi could have learned more about the open source phenomenon to those interested in this field with more notes.
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Topic
Board Mining
Bitcoin during and after the Corona era?
by
Mr.Bitcoin111
on 22/08/2021, 13:30:22 UTC
With the arrival of the Corona pandemic and people's homestay, investments were drawn to cryptocurrencies, and even many people took their capital out of other markets and entered the market, some of them became interested in bitcoins, while others considered Bitcoin to be the only reliable cryptocurrency and invested in it.
The important thing is that in the post-Corona era, will the demand for this market still be high or will people turn to traditional financial markets again?
In my opinion, people who have entered this market with knowledge and study will continue their path in this market, and people who are excited by just one tweet or sudden rise of a currency and have entered this market will leave this market at the same pace after the Corona era.
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Topic
Board Bitcoin Discussion
Free bitcoin; New scam
by
Mr.Bitcoin111
on 22/08/2021, 13:10:53 UTC
With the increase in the value of bitcoin, we are witnessing an increase in pyramid and panzi schemes every day, which promise huge profits and bring people into these schemes, and after a while, they cause financial loss to the person.
One of the reasons we are more concerned about Panzi plans is the growing distrust of people in the digital currency space. And it must be remembered that the failure of digital currencies can lead to the failure of China's extraordinary blockchain technology.
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Topic
Board Bitcoin Discussion
Is Bitcoin causing chaos?
by
Mr.Bitcoin111
on 22/08/2021, 12:56:12 UTC

One of the most important issues that opponents of Bitcoin say is the issue of chaos in the international community, but I tell them that it is not the phenomena that create chaos, but it is the way we deal with the phenomena that determines if Instead of confronting and fearing bitcoin, the governments of the world used it as a tool to make their country's economy transparent and to reform the structural system. We have not seen some misuse of digital currencies now.
I believe that the emergence of digital currencies is a gift from God to us humans to get rid of injustice and create transparency in the economic system.
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Topic
Board Altcoin Discussion
A rumor about Shiba that is wrong
by
Mr.Bitcoin111
on 22/08/2021, 12:41:44 UTC
Some people have a one-dollar forecast for Shiba, which is impossible given the number of units available to Shiba.
So far, almost 300 trillion units of Shiba have been produced, which when the price of Shiba reaches one dollar, the financial volume of Shiba reaches 300 trillion dollars, which is unrealistic.
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Topic
Board Altcoin Discussion
10 dormant whales control 8% of Doge Coin supply
by
Mr.Bitcoin111
on 22/08/2021, 12:15:53 UTC
BitInfoCharts data show that more than 8% of all Doge coins in circulation are owned by 10 dormant wallets. The Big Sleeping Whale now holds 7.8 billion Doge coin units, or more than 6 percent of the total market value of the Mem coin, according to the Beat Info Charts. The doge stored at these three addresses is now worth $ 2.5 billion.

Mem coin's biggest sleeping whale is a wallet that last traded in January 2014 and has $ 1.6 billion in doge; This means that this dormant address currently accounts for 3.6 percent of Doge coins total market value.
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Topic
Board Bitcoin Discussion
Bitcoin pump
by
Mr.Bitcoin111
on 22/08/2021, 12:06:37 UTC
With the increase in the financial volume of a currency, we no longer see severe pumps and dumps in the price chart of a currency, but there are reasons that this is not the case with Bitcoin, despite the fact that the financial and trading volume of Bitcoin has increased significantly compared to previous years. What do you think is the reason for this?
I think people still look at digital currency as a tool of entertainment or a joke, and that's what happens. Ilan Mask's tweets can be ridiculously considered a fundamental factor, or a conflict between a financial institution and a developer of a currency can cause a lot of changes in the price of that currency.
In short, we can not see a change in the situation until the general public changes its attitude towards digital currency and looks at it more seriously and professionally.
Post
Topic
Board Altcoin Discussion
Get to know Satoshi's character through his writings.
by
Mr.Bitcoin111
on 21/08/2021, 23:00:18 UTC
Satoshi Nakamoto is unknown to us, but there are notes left from him that may partly reflect his personality.
If you read Satoshi's notes, you must have noticed that he thinks of all people around the world and his goal is global, and in addition, he thinks more about the structural reform of the world economic system and the creation of a single monetary system than about wealth. Satoshi seeks to eliminate corruption and coercion of powerful countries around the world, which seeks to achieve this goal by unifying the sex of money around the world. He can be called a philosopher.
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Topic
Board Bitcoin Discussion
The first atomic exchange between Monroe and Bitcoin was done by User
by
Mr.Bitcoin111
on 21/08/2021, 22:48:02 UTC
In May, the possibility of atomic exchange or atomic swap between Monroe and Bitcoin was activated in Monroe's main network, but the first nuclear exchanges have taken place now and after a few months. A Monroe network user announced on Twitter that he had successfully completed the first nuclear exchange on Monroe's main network. The user, known as Seth For Privacy, wrote: "The exchange process took 34 minutes, was done entirely on the Tor platform, did not require my interaction, and was peer-to-peer without a third party. , Was performed."
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Topic
Board Bitcoin Discussion
Can the Block Chain eradicate poverty?
by
Mr.Bitcoin111
on 21/08/2021, 22:38:35 UTC
This is one of my favorite topics to study. I think the Block chain does not in itself eradicate poverty, but creates a healthy and clean environment for honest human beings to enter the field and achieve social justice around the world. But we must not forget that just as bitcoin can eradicate poverty, it can cause chaos in the world if left unchecked, so governments better deal with it peacefully and avoid fighting the Block chain revolution.
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Topic
Board Altcoin Discussion
Can Altcoins Replace Bitcoin?
by
Mr.Bitcoin111
on 21/08/2021, 22:29:42 UTC
I think it is foolish to expect such things from Altcoins, because the disappearance or devaluation of Bitcoin means the collapse of the digital currency and may cause the collapse of the Chinese block, but we can expect better and more reasonable expectations than Altcoins. One of these expectations is the development and expansion of the Chinese bloc in other areas such as medicine and agriculture. Atrium, Neo and IAS are moving in this direction, and we may one day see these platforms as global giants. Act in different fields
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Topic
Board Bitcoin Discussion
Merits 1 from 1 user
One third of the total bitcoin supply flow has gone out of circulation
by
Mr.Bitcoin111
on 21/08/2021, 22:20:34 UTC
⭐ Merited by Ratimov (1)
Glass node : One third of the total bitcoin supply flow has gone out of circulation

The data provided by Glass node show that the number of bitcoins held for a long time or lost altogether has reached a new five-month high. Glass node says there are currently 7,131,084 bitcoins lost or held by long-term holders. This means that currently 33.96% of the total supply flow of 21 million units of this digital currency can be considered out of circulation.
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Topic
Board Bitcoin Discussion
Effects of Taliban domination on bitcoin prices
by
Mr.Bitcoin111
on 21/08/2021, 22:11:46 UTC
The international community views the Taliban's dominance in Afghanistan as increasing the price of bitcoin, and supporters and supporters of bitcoin are encouraging the Afghan people to buy bitcoin to protect their property from economic hardship, but we need to see what happens in the future.
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Topic
Board Bitcoin Discussion
Gold or Bitcoin?
by
Mr.Bitcoin111
on 21/08/2021, 21:43:15 UTC
Hello friends
You see my second post.
This question is also very much on people's minds, especially for people who want to invest big.
I think bitcoin can be the answer to our question, but we should not ignore gold.
Definitely, one day, when bitcoin reaches prices beyond now, gold will also grow significantly.
But I think there are two reasons why experts insist on investing in Bitcoin:
1. As bitcoin becomes more and more valuable, it strengthens the foundations of the Chinese or modern blockchain economy
2. Bitcoin is literally scarce, or in other words, if we are to call gold scarce, we must say bitcoin is rarer than scarce.
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Topic
Board Bitcoin Discussion
Bitcoin or Usd?
by
Mr.Bitcoin111
on 21/08/2021, 21:22:23 UTC
Hi my friends.
I'm Mr.Bitcoin and This is first post.
In response to this question, most of us choose Bitcoin, even the U.S. government itself, in my opinion, chooses Bitcoin because choosing Bitcoin means choosing a new blockchain economy.
Even in this regard, the United States and China have made their national currencies digital, which makes us realize that the blockchain revolution is like a huge wave that even governments cannot stand against, and the emergence of Usdt and the digital yuan are some of its hallmarks.
Best wishes