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Showing 20 of 85 results by Naginiya
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Board Bitcoin Discussion
Re: Bitcoin Rising, Scams Rising
by
Naginiya
on 16/06/2019, 16:03:16 UTC
It's the popularity of Bitcoin being a decentralized currency and anonymous that makes it a vehicle for people to scam guillible investors, and yes it's not the fault of Bitcoin but people with criminal minds who uses Bitcoin as a tool to scam people.

I'm 100% agree with your saying.Its not fault of bitcoin.Like a knife you can use it different purposes and you can even kill from that.User decide how to use that.You can cut vegetables,fruits or man.In the court do we blame the knife if someone killed using knife? Killer is not the knife.Killer is who who use knife to kill.Do we suspend all knifes? Think again.It same comes to bitcoin.Same theory.I wonder why most people don't understand this and blame the bitcoin.
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Board Bitcoin Discussion
Re: Binance to open a separate trading platform for US
by
Naginiya
on 15/06/2019, 19:36:34 UTC
I think they will.I don't think Binance wants to loss such a huge market like US.Million of customers,Millions of money they want to loss no.I think they already preparing for the launch some similar platform under the federal law of US.If they follow the rules government wanted they do not need to need against it.
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Board Bitcoin Discussion
Re: Can Bitcoin be considered a Religion?
by
Naginiya
on 14/06/2019, 20:08:04 UTC
Bitcoin is not a religion.There are believers that one day bitcoin will reach moon.But it is far far from called as religion.If bitcoin count as religion what about  other altcoins. They are believing the same thing.So those altcoin also count as religion?If that so we have biggest religion collection in history.
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Board Bitcoin Discussion
Re: Where can I pay with Bitcoin?
by
Naginiya
on 14/06/2019, 19:12:40 UTC
You can pay wherever they accept payments on bitcoin.Bitcoin symbol is one method to identify the places you can pay with the bitcoin.If don't like to pay with bitcoin there are bitcoin ATM s.You easily convert your bitcoins to USD,EUR,GBP. Buy with bitcoin.
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Board Bitcoin Discussion
Re: Btc has no value
by
Naginiya
on 14/06/2019, 19:06:56 UTC
Same old theories.Bitcoin has no value.So why they pay for bitcoin?Why bitcoin got demand? This is 21st century. Century that all going to be digital.Digital society want digital money transfer method.How they transfer without? Time of paper money is over.This is century of digital money.
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Board Bitcoin Discussion
Re: BTC ATM in London Goes Crazy...
by
Naginiya
on 13/06/2019, 18:43:07 UTC
Any see about the London BTC ATM that was pumping out £20 this morning? Does anyone know if it was faulty and someone got lucky or if they were just filling their bags cause they know something we don't?  Grin Grin

https://www.businessinsider.com/bitcoin-atm-spits-cash-london-bond-street-station-video-2019-6?r=US&IR=T

If the withdraw came with Euro 20 notes.You needed a bag for carry for even one bitcoin.EURBTC now rate is 7280.So he withdraw one coin its 364 notes.He came with a bag pack to collect his money.May be he had a experience that money will came as min value notes.Bitcoin you make the gossip headline today.
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Board Bitcoin Discussion
Re: 2019 - the year of crypto?
by
Naginiya
on 12/06/2019, 17:52:03 UTC
Nope.I don't think so.I year of the crypto was 2017.Every crypto went moon.Everyone felt like kings among king.Everyone hope to get ferrari soon.Few months later dream was over. All came back to the earth once again.Hoping every day "one day will come and they will reach again to moon"
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Board Bitcoin Discussion
Re: How 18-year old boy became Millionare from Bitcoin
by
Naginiya
on 12/06/2019, 17:30:42 UTC
I am talking about Eric Finman.

Image source

An inspiring story that is worth to read.

This is just a summarized of his journey.

Eric Finman is just a typical 16 year old student who is bright and creative. He has smart two brothers and he is the youngest. He is into latest technologies. When his brother introduced digital currencies (bitcoin) at 2013 who his brother brought 50 bitcoins. He decided to compete his brother by buying hundreds of bitcoin worth $1,000 in which his grandmother's  gave.

His brother Ross gave him a book by Ohanian ( a co-founder of Reddit), which indicates the power of internet and which got Eric's attention and interests. He is eager to meet him but there is $8,500 fee which made his parents think it was too much. With his eagerness he founds out and discovered that the bitcoin reached $1,200 and he sold his bitcoin to $100,000.

Finally, he met Ohanian. It amazed him how matured enough Eric when it comes to technology. One time, as a freelancer, he make a Flappy Bird knockoff  game and Ohanian is an eye opener for Eric's eagerness to use internet as a source of income.

He produce his own programmers, etc. And made his own company.

I just thought Mark Zuckerberg is the youngest millionare. Now, it is Eric Finman.

Here is my favorite line from my idol,

Quote from: Eric Finman
"I say if you do not become a millionaire in the next 10 years, then it’s your own fault."

He is now 18 years old. Despite of being disppointment in terms of education, he is now a successful and the youngest millionare by bitcoin and by his innovations and by being creative.

Read the full article here.

Great success story but if he doesn't wanted to meet him and kept that bitcoins ,when the bitcoin hits 20000$? Prize 1000000$,1 million USDs. His loss 900000$. 0.9 milion USD. Decision Define Destiny
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Board Bitcoin Discussion
Re: Bitcoin Accepting Churches
by
Naginiya
on 11/06/2019, 19:00:37 UTC
Churches are moving with the new trend.Great news to here.Old barrios will break.BTC wallets will open.From now on our btc lovers can send their donations directly to church's account.If the churches can accept bitcoin why the companies can't accept that? Great news ..Great start..
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Re: Breaking News! Third world nation bans BTC. 10 years in jail for holding crypto
by
Naginiya
on 09/06/2019, 18:20:13 UTC
Don't worry.India never will do that.There is a little chance to ban bitcoin in India.Lot of people using bitcoin in India.Indian government is welcoming cryptos. There are few meetings about crypto currency with the support of government.This is fake news don't caught for this and don't loose your valuable bitcoins and cryptos.
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Board Bitcoin Discussion
Re: Whales are out of control = $500 in ten minutes
by
Naginiya
on 09/06/2019, 14:37:36 UTC
Yes.There are few bitcoin dumps in past week sometimes that amaze me.I thinks its panic sales,But the bull trend is not yet broken.Soon bitcoin will hit 10000$ rate and go further and further.If bitcoin break 10000$ barrier next will be 12000$ area.
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Re: Bitcoin will be junk/trash after ban in 2 big countries
by
Naginiya
on 09/06/2019, 14:26:43 UTC
I don't know about China.But not India,India never will ban bitcoin.One reason there are lot of IT,BPO companies in India.So why they ? And also news source says "A response from the Reserve Bank of India to blockchain lawyer Varun Sethi denies any knowledge of such a draft bill, and says it received no communication from the central government regarding it. It further states it hasn’t endorsed such a ban" So the answer is no for India.
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Board Bitcoin Discussion
Re: India amazes me!Indian police recovered multi million scam
by
Naginiya
on 08/06/2019, 19:37:25 UTC
The fact that really amazes me is how such a low rank (sorry, no offense) country is able to become one of the leading countrues of cryptocurrency using whereas such big countries like Russia, US are doing nothing, except issuing the regulations and taking taxes for crypto using. Ofc there are lot of scam, and a lot of are recovered but the problem is not even that there are a lot of them, but that the government looks at these cases and, in general, with distrust even refers to the blockchain technologies themselves, which in fact do no evil to anyone. People must separate cause and effect. A blockchain is not the cause of fraud. It occurs when general market rules are not created.

The biggest scam for Bitcoin ($14 billion) is from Indian who was owner of bitconnect.com so Indian police will do the job. Actually India is known for the biggest scams in the world.

Indian Billionaire scammer "Nirav Modi" was standing next to PM Narendra Modi in Davos summit. The picture was shown on TV.

14 billion are you serious?Then that would a one of the biggest bitcoin scam in world.I'm not sure what will be the punishment they will gave for that.Bitconnect looted and stop services.Their ICO gathered 2.4 billion.Now they are looting
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Board Bitcoin Discussion
Re: What about a Bitcoin government ?
by
Naginiya
on 08/06/2019, 19:28:41 UTC
If we had a government who supports bitcoin surely that support will come with some rules for bitcoin.That is mean bitcoin will not be decentralize anyone,We have to accept what they put the law on bitcoin.May be they will create a central bank for bitcoin.More more bitcoin they get they will able to control the market.Do you need that? I don't think so.
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Re: Bitcoin will be legally accepted in every country in the next 10 years?
by
Naginiya
on 08/06/2019, 17:41:45 UTC
Do you think Bitcoin will be legally accepted in every country in the next 10 years? But I think that Bitcoin will be legally accepted in all the countries within the next 10 years. Not sure about the other crypto coins, but everyone has confidence in Bitcoin, so it can be said that Bitcoin will be fully validated in all countries. Bitcoin's popularity and popularity have increased day by day.
The government of many countries are now thinking about the bitcoin. That day is not far away when Bitcoin will be legally acceptable in all countries.

I think so.Because bitcoin is king of world electronic money.When the world become more closer,exchange money is need.USD to EUR,USD to GBP,YEN,CNY. This is hard. Lot of currencies,lot of time,lot of fees many more problems.So they had choose common electronic currency.So here comes to chance for bitcoin.After that bitcoin legally accepted in every country in the next 10 years. That is for sure.
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Board Bitcoin Discussion
Re: Who is Satoshi?
by
Naginiya
on 07/06/2019, 17:54:56 UTC
I think the Ellen Musk invented the bitcoin in 2009.Bitcoin code is based on C++.Ellen Musk is also Master in C++.He used that on X com and Space X programmes.Such a huge man friendly projects done by him.So why not bitcoin ? Another man friendly projects .
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Board Bitcoin Discussion
Re: Bitcoin is better than gold and USD?
by
Naginiya
on 07/06/2019, 17:43:50 UTC
Yes.Bitcoin is better than gold and USD. Because day by day its prize go up and up.After the world's first bitcoin transaction on 12 January 2009,bitcoin prize was 0.003 in 2010.Today the prize 7500$.Just compare the prize.More than 10000x growth.Have you ever seen like that?And it will go up and up some says it will go up to 100000$
I think that you should conduct an experiment and send from point A to point B for example 30,000 dollars.  But only in one case, send 30,000 dollars in dollar equivalent, and send another transfer to Bitcoin.  You should compare the time after which you can get your money, as well as the difficulties that must be accompanied by a bank transfer and due to the receipt of Bitcoin, Or maybe even its cashing.  And then you will have a real answer to the question posed. Which is better.
Yes.Thats true,Still we having difficulties.Time,transaction problems and many more.If more more demand come to bitcoin.That would be work like a force.Then they will have solve the this transaction delay in bank or any other places."bitcoin accepted" will spread and all other problems will be solved
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Board Bitcoin Discussion
Re: Anyway to block usage of stolen coins?
by
Naginiya
on 07/06/2019, 01:27:52 UTC
There should to be a have the way to block the stolen coins.Unfortunately we don't see or have way to block stolen coins.If the codes of the coin show somewhere in blockchain. There should have a way.A software detect it and blocking it.I think we can use the gas system.Everyone pay for transaction.Gas system in scan what they deliver and reject to deliver.So that become useless.You can't get cash from what you have.What is meaning of stealing?
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Board Bitcoin Discussion
Re: Will You Advise Newbies To Enter Bitcoin Now?
by
Naginiya
on 06/06/2019, 18:47:32 UTC
Its a good time for short time traders.In these days market show Zig-Zag mode(up and down up and down)You can get a close entry and close with with profit.But if you buy bitcoin for longtime.Newbies wait a little bit.There is a chance to dropped in 5K area.Until that get to know about bitcoin.If you know behavior of bitcoin,It would be easy to make profits
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Board Bitcoin Discussion
Re: Bitcoin is better than gold and USD?
by
Naginiya
on 06/06/2019, 18:38:34 UTC
Yes.Bitcoin is better than gold and USD. Because day by day its prize go up and up.After the world's first bitcoin transaction on 12 January 2009,bitcoin prize was 0.003 in 2010.Today the prize 7500$.Just compare the prize.More than 10000x growth.Have you ever seen like that?And it will go up and up some says it will go up to 100000$