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Showing 20 of 410 results by Paecga129
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Board Economics
Re: Average savings across the globe
by
Paecga129
on 02/10/2019, 17:07:40 UTC
the cost to transfer money across the globe is huge when you want to transfer Fiat money, but now with the recent Advent of cryptocurrency technology, it's possible to transfer money across the globe for practically free.
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Board Bitcoin Discussion
Re: $10 Million Dollars of Miners Up in Smoke
by
Paecga129
on 02/10/2019, 17:05:23 UTC
Quote from: Tonteus on October 02, 2019, 03:32:52 PM
Do you think this has affected the price of bitcoin directly?

I think this recent drop in mining hashrate could be a reason why the Bitcoin price drop 20% recently.
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Topic
Board Bitcoin Discussion
Re: Bitcoin and Deep Web
by
Paecga129
on 02/10/2019, 17:04:29 UTC
Quote from: yoseph on October 02, 2019, 03:35:29 PM
Quote from: Magkirap on October 02, 2019, 03:16:25 PM
Quote from: goaldigger on February 13, 2019, 09:03:14 AM
So im literally a curioused person which wanted to have more informations about Deep Web and its wierd and creepy videos and stuffs. So I recently streaming youtube for a couple of hours, so basic compared to what deep web has, but after about 10 videos,i found this gem.

https://youtu.be/rEtGb4Eenp0

So for those who have no time watching a 14:27 minute video, ill make a summary for you.

So theres this youtuber who wants to access deep web, just a curious guy like me. Then after a boring introduction, he finally opens the site. So to make the story short. He finds all illegal stuffs like hacking, buying other peoples account including paypal and even bank accounts perhaps, steps on how to do illegal things and a bunch of drug dealers all for suprisingly low price. Whats surprising is this.

MOST OF THE DEALS ARE CAN ONLY BOUGHT BY BITCOIN !!!!!!!!!

WTF. I really stumbled that even the dark webs and illegal organizations only accepts BTC because of its anonimity.

Heres an interesting topic for you guys. Lets discuss about this and maybe you have a lot information than mine.

These are happening a long time ago. Actually bitcoin first takes place widely in deepweb. It was obviously used for illegal transactions like what you have mention, drugs, bank accounts or other stuffs related to pornography or gore. I think the reason why bitcoin was the major currency in deepweb because a lot of people are interested to it for the chance that it will rise its value soon. Also, transactions using crypto was somehow secured or anonymous compare to some currency.
I have read time and time again that Bitcoin isn't as anonymous we thought it to be, because of that most of that most of the deep or dark web users have started accepting monero if their main issue was anonymity. But to those that accept Bitcoins am sure it has to do with the fact that they know it will rise in value so that they can have some profits.

Bitcoin is pseudo anonymous, which means partially anonymous but not really. Governments can find out who owns your Bitcoins in your wallet. However, in the early days it was attractive to illegal dealings because the government's were not savvy to the new technology.
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Topic
Board Bitcoin Discussion
Re: Bitcoin is now Among The Top 30 Currencies in The Entire World
by
Paecga129
on 02/10/2019, 17:02:49 UTC
this is no surprise. Bitcoin mining uses over 1% of global energy expenditure. That's pretty big amount when you think about the amount of electricity we use worldwide. Therefore, Bitcoin being in the top 30 cryptocurrencies make sense because of course it is being accepted all over the world.
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Topic
Board Bitcoin Discussion
Re: The World’s Most-Preferred Cryptocurrency Isn’t Bitcoin
by
Paecga129
on 02/10/2019, 17:02:01 UTC
That's a lie. Bitcoin is the most preferred and famous and accepted cryptocurrency all over the world, by a large margin.
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Topic
Board Altcoin Discussion
Re: is this still possible today?
by
Paecga129
on 02/10/2019, 17:00:10 UTC
This is 100% possible. Panties are the best way to increase your earnings exponentially. However, they are also risky because many are scams.
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Topic
Board Altcoin Discussion
Re: sudden drop in BTC?
by
Paecga129
on 02/10/2019, 16:59:23 UTC
Dang, this recent drop stinks. Actually it's good to buy more Bitcoin in this moment because the price is lower.
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Topic
Board Altcoin Discussion
Re: WHY DOES BOUNTY PROJECTS TAKE TIME TO ENTER A MARKET
by
Paecga129
on 02/10/2019, 16:58:43 UTC
Never enter a bounty which is an already listed on an exchange. Because you know that you will be able to trade them.
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Topic
Board Altcoin Discussion
Re: Huge rewards, less value or Less reward, big value
by
Paecga129
on 02/10/2019, 16:58:09 UTC
It really depends on the bounty a research that you do. A small team of people can create a successful bounty or a big team can create escambia county. You just need to do research.
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Topic
Board Trading Discussion
Re: What are the longest fixed rates that were offered to you?
by
Paecga129
on 02/10/2019, 16:56:08 UTC
I was offered 8% interest by a crypto company to deposit my cryptocurrency on their platform to receive 8% interest per year.
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Topic
Board Trading Discussion
Re: Coinexchange.io is Closing Down. Official announcement.
by
Paecga129
on 02/10/2019, 16:55:10 UTC
back in the early days of Bitcoin, a site like this would have been globally popular. However, there is already so much competition in the space. Sad that you had to close down.
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Topic
Board Economics
Re: Rate cuts money printing inflation
by
Paecga129
on 02/10/2019, 16:54:19 UTC
Inflation is caused by printing Fiat money in unlimited quantities. Cryptocurrency, on the other hand, is deflationary because it can't be printed or created.
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Topic
Board Economics
Re: World economy, what do you think?
by
Paecga129
on 02/10/2019, 16:53:46 UTC
I think that in the near future, Bitcoin will be the global world currency for all the nations.
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Topic
Board Economics
Re: Build a Bank Of Bitcoin
by
Paecga129
on 02/10/2019, 16:53:20 UTC
There is a company that claims to be a bank for cryptocurrency, called Nexo.
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Topic
Board Economics
Re: Big risk ,big results.
by
Paecga129
on 02/10/2019, 16:52:45 UTC
Indeed, big risks generally reward in big results. But they can also result in big losses.
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Topic
Board Bitcoin Discussion
Re: Bitcoin 10 Years From Now
by
Paecga129
on 02/10/2019, 16:50:53 UTC
In 10 years from now, the price of Bitcoin will be over 1 million.
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Topic
Board Bitcoin Discussion
Re: I GOT HACKED AND LOST 25.000€ ( 1,9 btc)
by
Paecga129
on 02/10/2019, 16:50:35 UTC
Dang that sucks. I also got scammed 6 Bitcoins before. This is why you need two factor authentication next time.
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Topic
Board Altcoin Discussion
Re: Did ETH changed crypto world?
by
Paecga129
on 04/06/2018, 16:13:44 UTC
Ethereum really did change the crypto world. Ethereum is the altcoin that helped to show investors that there can be another coin that can grow just the way bitcoin did with its own impressive blockchain. Ethereum now has more investors than bitcoin I believe. There is just so much that the ethereum project can do in the long run. There is no better altcoin.
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Topic
Board Altcoin Discussion
Re: I'm very disappointed with myself.
by
Paecga129
on 03/06/2018, 15:24:49 UTC
The thing is that sometimes we all make these mistakes no matter how long we have been in the market or how much we understand the market prices. The truth remains that there is no way for any of us to tell if the price of a coin will keep going up or not so we often sell when we see that we have made little profits so we don't end up watching the price fall down again. Don't beat yourself over it, happens to the best of us
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Topic
Board Altcoin Discussion
Re: whether the new coin can survive?
by
Paecga129
on 01/06/2018, 09:52:21 UTC
A lot of the new coins that we are seeing now are more likely to die out in a couple of years which is why you should never invest in new coins for the long term. You are better off investing in them for the short term or better still just trading with them instead of buying them to hold. Most of the new coins really have nothing to offer because it is just a bunch of people who are trying to make some quick money