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Showing 20 of 103 results by SamMurphy
Re: Will people start moving their savings to Bitcoin in case of a financial crash?
I think yes, if there is a case to save your money you will invest them on bitcoin or gold/silver. For me gold/silver and bitcoin for now it's the same. But still I wouldn't move all my money on bitcoin because if I wanted to cash them out their value wouldn't be the same. Some of them in bitcoin, some of them in gold/silver and some of them in cash. Also this shouldn't happen only in those cases, you have to be sure that at least half of your money are safe in any case.
Yup, true! I have been told even buying $50 dollars worth of Bitcoin, or even $10 worth of Bitcoin is good enough to get you started into Bitcoin.
Owning at least 1 BTC now would be ideal, and its not bad owning 0.1 either, is just that the earnings you might get is not even a lot. But every newbie should not think that way, instead, they should try to earn/buy Bitcoin slowly and saving up, and I bet that isn't impossible. It just takes time.
Owning at least 1 BTC now would be ideal, and its not bad owning 0.1 either, is just that the earnings you might get is not even a lot. But every newbie should not think that way, instead, they should try to earn/buy Bitcoin slowly and saving up, and I bet that isn't impossible. It just takes time.
I will agree with you, that's what am doing. I try to hold my bitcoins and save them. And now because of the price you start thinking in terms of 0.10BTC-0.20BTC instead of 1BTC
Re: Do you agree that Bitcoin is nearly to be just like another business?
It was designed to run at the principles of business. How else would people around the world pay millions of dollars pay day in electricity cost to provide security in the system?
I can agree with you, bitcoin is by far faster than paypal because if you send bitcoin to a card in will take max an hour to use them as cash, and paypal will need 1-2 business days. The time of confirmations for the transaction is another issue, and it's happening for the security of the money.
The reason for the unconfirmed transaction is your terribly low fee. 19 Satoshi per byte is definitely not sufficient for such a transaction. The fastest and most economical is around 480 Satoshi per byte. In future, I would recommend that you use a higher fee. However, I too do see an increase in transaction fees. In 2014, it was a much smaller value. Such a volatile increase is not efficient.
Try being more careful next time, and don't worry about your bitcoins, worst case scenario: your transaction doesn't get confirmed after a week or 2 and you'll get them back in your wallet. Also you can try pushing the transaction but idk for 19 satoshi you should try contacting miners or something.
How much in percentage of your total bitcoin do you allot or invest to trade? Is it like 50% hold and 50% invest in tradings or how do you go about it?
Is it wise to invest all your 100% bitcoin in trading if you feel it is the right opportunity?
Is it wise to invest all your 100% bitcoin in trading if you feel it is the right opportunity?
The percentage doesn't really matter. What really matters is that you should invest a solid capital (say 200$) which amount should produce a steady profit, eventually helping you ROI above 100% and earn some green.
Re: how has your attitude to bitcoin changed the longer you've been into it?
what was your attitude when you first got into bitcoin? was it to get rich quick? make some dollars? learn the tech?
and how has it changed the more you've learnt? did you go from a moon kid to a serious scholar of the tech or even more of a moon kid than before?
i started off as interested in the dollars, then got more and more fascinated by the whole world around it, now i think i'm starting to come out the other side a little.
the more i've learnt about this scene the more screwed up it seems and i don't see how it's gonna cure itself. there's money to be made but i might be doing it no longer believing in its immediate future.
cryptocurrencies will never go anywhere but i'm starting to think what's around us now will be looked back on as the experimental and growing pains phase rather than anything that directly survives and is built on into the future. uncool but from the heart.
what about you?
and how has it changed the more you've learnt? did you go from a moon kid to a serious scholar of the tech or even more of a moon kid than before?
i started off as interested in the dollars, then got more and more fascinated by the whole world around it, now i think i'm starting to come out the other side a little.
the more i've learnt about this scene the more screwed up it seems and i don't see how it's gonna cure itself. there's money to be made but i might be doing it no longer believing in its immediate future.
cryptocurrencies will never go anywhere but i'm starting to think what's around us now will be looked back on as the experimental and growing pains phase rather than anything that directly survives and is built on into the future. uncool but from the heart.
what about you?
When I first started I was just curious to see how this will unfold. In the first 5 days I saw the price went down and I was very disappointed and I "gave up", I didn't use that money though because I was hoping for the best, and one day after the price started go high very quick and I was so excited. I'm still searching about Bitcoin and it's use cases, and I think is something that's beyond just money. Time will tell
https://cointelegraph.com/news/japanese-budget-airlines-will-accept-bitcoin-in-2017-install-btms-at-airports
According to this article, Japanese Budget Airlines are going to accept bitcoins this year. They declared that later this year we can now enjoy flights without bringing our wallets but our bitcoins in our smartphones. As part also of their new innovation they have installed BTMs or Bitcoin ATM on the airport for the convenience of their customers. With this we can expect an increase in tourist visits to Japan.
According to this article, Japanese Budget Airlines are going to accept bitcoins this year. They declared that later this year we can now enjoy flights without bringing our wallets but our bitcoins in our smartphones. As part also of their new innovation they have installed BTMs or Bitcoin ATM on the airport for the convenience of their customers. With this we can expect an increase in tourist visits to Japan.
That's great, and it will be a good start for other countries to recognize Bitcoin . Also, the process will be much faster since people will use their smartphones making the adoption easier.
I believe that if something goes down after some time goes up, and the opposite. I would definitely keep some and the rest of them I would sell them. The risk is big, but is worth it, if you think the ups and downs of price of btc. If you play smart you can ''win''.
The best way to make a person believe you, of what you are showing to him is to do it that moment. Once I showed to a friend what bitcoin is and how it is working in action and explain him what am doing, and he started to use it too. It was so easy and very nice way to make him understand what I was talking about.
First of all bitcoin is anonymous and cash not, when you want to cash out your bitcoin you have to pay some fee to do that, that's not happening with real money, and also you can use your bitcoin where you are but you'll have exchange your money with the currency there is where you are.
Re: How much maximum BTC can be sent in a single transaction?
Hello.
I asked a question yesterday which remained in a good answer.
By the way, I would like to know exactly if it is possible to transfer about 5000 BTC or 10000 BTC in a single transaction ?
Thank you.
I asked a question yesterday which remained in a good answer.
By the way, I would like to know exactly if it is possible to transfer about 5000 BTC or 10000 BTC in a single transaction ?
Thank you.
As long as you have BTC you can send as much as you have
But I wouldn't risk it to send that much (if I had them :p) because first it will take very long time to confirm the translation, and second you have to be 100% sure that you send them in the right place ( wallet/ payment). Some of them are good for our health but you have to be very careful with them when you pick them up, if you don't know. Also, you know that those have no chemicals substance than the others.
It has change mine, like nothing else before I'm very lucky that I use BTC, and much richer than I thought :p
I would highly recommend you to start use BTC, before it's too late and the price goes to ''hell''.
I'm very lucky that I use BTC, and much richer than I thought :pI would highly recommend you to start use BTC, before it's too late and the price goes to ''hell''.
Since the global crisis started, I have been removed all my money from my bank and I use it only if I want to buy something online. I never trusted banks, so why should I do it now :/ And since I started use btc, I have learned many scary things about cash, banks etc. Be careful guys!
Hmm.. It's hard to decide who's lives and who's not. I don't know if you are the right ones to decide that. But you can't leave a serial killer who killed kids to leave, even in jail. Any man who are in jail for a reason, there not actually punished, bcs they are still eat for free, have cigarettes for free even women to have fun. But even then I don't know if we have to accept the death penalty :/
I hope one day will make me rich :p but for me is a good way to keep some of my money and see them grow, without doing anything Also it's has a better value than fiat money, because there are only 21M BTC. It's anonymous, a very good reason to have btc.
Also it's has a better value than fiat money, because there are only 21M BTC. It's anonymous, a very good reason to have btc.Trezor is for me a very safe wallet. Since I bought it, I haven't stop using it. You great the pass you want, and nobody is able to know that. Also, if the pc you will use has a various or something like that and someone is trying to steal your bitcoin, he will fail, BTC bcs are protecting from trezor! You should check their website and learn more about it. And last thing, it has a very small size so it's very easy to travel with or hide it