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Showing 20 of 50 results by Silverstone1111
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Board Bitcoin Discussion
Re: Bitcoin transaction cost is too high
by
Silverstone1111
on 13/12/2017, 17:55:56 UTC
ya Bitcoin transaction fee is very high !!! I guess it will get low as the hype and the bull market gets over for a while. I transferred $360 of Bitcoin and the fee was $25  Undecided I believe that is quite high.
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Topic
Board Speculation
Re: Bitcoin will fall down on december
by
Silverstone1111
on 06/12/2017, 18:19:51 UTC
i don't think the momentum of Bitcoin will stop for a while. The graph keeps on going up. There might be some correction but the drops may not stay for long. Bitcoin is on the path to 20k.
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Topic
Board Bitcoin Discussion
Re: Is It advisable to quit my present job for bitcoin?
by
Silverstone1111
on 06/12/2017, 18:12:04 UTC
I am not a career or financial adviser like every crypto youtuber  Grin Grin Grin I don't know the work you do and the opportunities that you got for Bitcoin. I think that working for bitcoin wage might help to make more money as you get attracted to gains it gives you over time and you start saving it. So i cant really say what's best for you.
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Topic
Board Speculation
Re: Bitcoin is now $13k, what's next?
by
Silverstone1111
on 06/12/2017, 17:39:45 UTC
That's soo good to see Bitcoin has nearly touched 13K. I think there will bear market after sometime.And it will be around 15K at the start of 2018. The momentum has just started more and more people will come to know about it. That means price will keep getting high.
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Topic
Board Bitcoin Discussion
Re: Would you like to enroll Crypto Currency Course?
by
Silverstone1111
on 13/11/2017, 16:05:04 UTC
Coursera is one of the popular online course and is currently conducting free course for Crypto Currency geeks and the course has been already more than 1 million enrolls.
How about you? Would you like to enroll also with the same course?
I would love to enroll in a crypto currency course. I believe it is the future of humanity. Getting to learn about about it might open new perspective for me on the possibilities that it can hold. Humans are student for life. Added bonus, the course is free.
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Topic
Board Bitcoin Discussion
Re: What's your biggest regret when it comes to Bitcoin?
by
Silverstone1111
on 13/11/2017, 02:15:50 UTC
I knew about Bitcoin 2 years ago when the price was $500. I wasn't really into it but my friend told me about it. My friend had to return me some money which he paid in bitcoin. It was just 0.03 BTC. My friend started selling his BTC for 20% less than the actual price. I was still skeptic about BTC  so I didn't buy from him. Today I sometimes think about it and regret but then again every experience is lesson. Money comes and goes.
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Topic
Board Bitcoin Discussion
Re: Safest way to keep bitcoins?
by
Silverstone1111
on 12/11/2017, 07:41:19 UTC
What is the safest way to keep bitcoins.

Taken dangers like hacking, losing in to account!
The safest way to store your bitcoins is in a paper wallet or hardware wallet. There are risks in there as well. Paper wallet may degrade or damaged. You may lose your paper wallet and hardware wallet. These wallet eliminate the risk of hacking.
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Topic
Board Mining (Altcoins)
Re: Tablet mining app, legit or not?
by
Silverstone1111
on 11/11/2017, 18:04:09 UTC
I had friend who downloaded a mining application from his tablet. I am just confuse if is it legit or not? If not, is possible in some ways? How?

Thank you guys for your ideas.
I looked a bit here and there in the internet but i couldn't find website that said anything about mining through mobile app. Even if it is possible, I don't think it is profitable enough. I think it is good to mine from PC or even better money it directly.
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Topic
Board Bitcoin Discussion
Re: India may ban bitcoin in 2018
by
Silverstone1111
on 10/11/2017, 17:30:00 UTC
There is a news that may be India will ban bitcoin in 2018. Make your guess will India really ban it or not?
News article link
https://qz.com/1121363/no-bitcoins-for-payments-and-settlements-says-the-reserve-bank-of-india/
Well I thinks it is just a speculation !!! Even if the government tries to ban it. They won't be able to hold it for long. India having such a dominance in Global finance banning cryptos can hamper the growth technology in India. Soo I think no country can resist the change in way the economy works in the future. Always Change is inevitable, that's how everything works.
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Topic
Board Speculation
Bitcoin 500K in 3 years ??
by
Silverstone1111
on 10/11/2017, 17:08:10 UTC
I guess you all know John McAfee, the guys who created McAfee antivirus. He is a big believer of bitcoin. He is speaking out loud about benefits of Bitcoin and other cryptos in mainstream media. I think he is acting as a catalyst to aware many people about the benefits about Bitcoin. I love the fact that he is doing that. He is talking about the benefits of decentralized currency. He has made a bet that  Bitcoin will be 500k in three years. I too am a big believer in Bitcoin but 500k in three year Woah mannn that's a lot. I think he is being is over optimist. What do you guys think ? Will it hit 500k in 3 years ? I will add a link to video where he talks about it.

https://www.youtube.com/watch?v=xxScg1t0eZI
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Topic
Board Mining support
Re: What is Bitcoin mining?
by
Silverstone1111
on 10/11/2017, 16:58:26 UTC
Hello, I have a question,
what is Bitcoin mining?
actually can anyone explain that what is bitcoin mining?
or any source link or article where I can find my question perfect answer..
Your kindness.
I will add a video link. It is the short and very well put concept about mining video for the people that I have come across. The people who are completely new can also benefit from this clip.
https://www.youtube.com/watch?v=qFOeFXwCuLw
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Topic
Board Economics
Re: Investments with Compound interest.
by
Silverstone1111
on 10/11/2017, 03:52:27 UTC
Compound Interest is one of the safest way to invest your money because there's a guarantee that your money will increase its value by the percentage that you will accumulate annually by the bank that you deposited. Let say your current principal is $2000 and you hold it a year, the interest rate is 5% yearly the compound interest is 3 times annually that would be $2,101.68. That's a sure increase of money unlike investing in cryptocurrency there is no assurance that the price will still the same.
I know the concept of the Compound Interest. I haven't yet found a investment or a place where I can get a Compound interest !!! Well are there any legit online places where I can get C.I for my investment.
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Topic
Board Bitcoin Discussion
Re: Will Bitcoin be replaced by another cryptocurrency?
by
Silverstone1111
on 09/11/2017, 17:25:00 UTC
In my guess probably not for still a decade to come. Well then again always expect the unexpected. There have been people speculating good, bad and worst scenarios for bitcoin. Some people enjoy calling bitcoin a scam and fake but most people are very hopeful. The dominance of BTC in cryptomarket in enormous and I guess it will stay the same for quite a while.
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Topic
Board Bitcoin Discussion
Re: Bitcoin in College???
by
Silverstone1111
on 09/11/2017, 17:15:40 UTC
Bitcoin as a course or any related currency on web.
In my country we have multiple courses in computer especially programing and web developments. My course is also information technology, but i've never heard or learn about online currency as bitcoin. In present, and future studies is there any chances for inserting about it in education. In your country is it available?
It would be better for any country to adopt bitcoin in educating new generations. Instead of playing games and wasting money in surfing xxx sites.
It would be very nice to have a course on Blockchain and Cryptocurrencies in our colleges. It creates more opportunities and scopes for future of online currency. When young people are enthusiastic about better economy and financial independence, having a course about online currency can enhance their vision and creativity for better developments in those fields.
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Board Bitcoin Discussion
Re: Google results show more people searching for Bitcoin than gold
by
Silverstone1111
on 09/11/2017, 17:04:14 UTC
That's a great news dude. It means more and more people are getting aware and interested in Bitcoin. It is good for our advancement into a decentralized world. We all know cryptocurrency is the future. It is better for mankind as we get financial independence from centralized institutions.
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Board Bitcoin Discussion
Re: Bitcoin ATM locations on a rapid increase... wow
by
Silverstone1111
on 09/11/2017, 15:03:13 UTC
October 6, 2017 had 92 ATM machines in my city.... today, November 8th, 2017, we have 109.
20% increase in the past month, in June there was around 64 BTC ATM machines. Crazy.
Bitcoin is becoming more and more mainstream. This shows the growth of Cryptos and time when we will be using bitcoin for day to day transaction seems to be very near. Eager for the day when the Bitcoin ATM is installed in every country of the world. Just feels good to image the decentralized financial economy.
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Topic
Board Bitcoin Discussion
Re: Why is bitcoin the most popular cryptocurrency?
by
Silverstone1111
on 09/11/2017, 14:27:35 UTC
I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
Like you said Bitcoin is the first of it's kind and people have more trust in it than other cryptocurrency. There are like hundreds of cryptos available and many new being created. But still BTC has 59% dominance in the crpyto capital. This shows that people are more into BTC than other cryptos. If you look at the features there are other coins that are have faster transaction rates and added features than BTC. The main reason most people only trust BTC and they are attracted to the growth in it's value.
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Board Economics
Re: Why the world really needs virtual currencies
by
Silverstone1111
on 09/11/2017, 06:45:55 UTC
I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar.

It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history!  Grin

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/
Yaa mate thanks a lot for sharing the website that gives a lot of insight. I have known about the supremacy of a nation that tries to manipulate and control other nations. It is a group of people who secretly govern the nation and own Federal reserve banks that have control over the economy  of the world. Many people are unaware about the global dominance from the secret group of people and day to day effect. Soo development of virtual currency is a turning point for humanity. Our society can thrive and become more abundant and creative when there is a decentralized global currency. The wealth gap shortens and people will rise off poverty. We don't have to be under the fear of financial crisis.
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Topic
Board Economics
Investments with Compound interest.
by
Silverstone1111
on 09/11/2017, 06:04:23 UTC
I am recently watching videos about investing and financial freedom. I usually hear people like Tony Robbins say that compound interest is such a great thing. It is a wise way to invest your money for a long period of time. I have heard it from several others as well. But I have no idea which investments give us compound interest. I was hoping if you guys know about it and I would be very happy to be educated about it. I am in my early 20s and want to make right decisions for secure and prosperous present and future. I would really appreciate your words and advises. Thanks
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Topic
Board Economics
Re: Bitcoin or gold?
by
Silverstone1111
on 09/11/2017, 05:52:51 UTC
10 years is a quite a bit of time !!! If I had to choose between Bitcoin or gold I would go with Bitcoin. There are some risks. But what is life without a bit of risk. Every successful people in world at some point have to take risks. Considering the total money that I have I wouldn't worry mush about losing it as well.