Search content
Sort by

Showing 19 of 19 results by SmallBit
Post
Topic
Board Bitcoin Discussion
Re: Merry Christmas with Bitcoin.
by
SmallBit
on 24/12/2017, 14:29:01 UTC
Happy Holidays for everyone!
And low fees and quick confirmations for the future Smiley
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin bubble going to explode?
by
SmallBit
on 24/12/2017, 14:02:37 UTC
Hello, There is ongoing talk about bitcoin that this bubble is going to explode soon. I learned about Bitcoin from http://technogeek.review/ and I have invested about 1.5 lakh in Bitcoins. even the same website is saying that it is going to end soon. Currently, I am in the loss, so can not even withdraw my money  Sad
Never risk more you can afford to lose and it will be OK. It won't fall back to 0 so you have time to decide what to do with your investent
Post
Topic
Board Bitcoin Discussion
Re: McDonalds to accept Bitcoin by 2018
by
SmallBit
on 24/12/2017, 14:00:14 UTC
Excellent news for the Cryptocurrency market. This step shows that the business is turning in the direction of working with cryptocurrencies
If they will accept it, they won't give you the change in bitcoin, they will give you change in fiat, they need to keep every little piece of bitcoin, if they think the price will go up in the future
Post
Topic
Board Off-topic
Re: What are your goals in 2018?
by
SmallBit
on 22/11/2017, 05:56:31 UTC
To understand this whole system better and gain some experience in trading, but I know that it will take time to master these skills.
Post
Topic
Board Off-topic
Re: What are some disadvantages of BTC?
by
SmallBit
on 14/11/2017, 05:22:00 UTC
We all know the advantages of BTC, but what are some of the disadvantages??

We all know that bitcoin has an advantages and disadvantages, the disadvantages of bitcoin are Lack of awareness and understanding, risk and volatility, still developing and In Conclusion.
And the acceptance. Merchants should search for a way to accept bitcoin and this could defeat the disadvantages.
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin Really The Future Of Money?
by
SmallBit
on 10/11/2017, 05:42:49 UTC
This is one kind of the Future money. Bitcoin will help P2P payments and will help to speed up international money transfers.
Post
Topic
Board Bitcoin Discussion
Re: Are you surprise by bitcoin price now?
by
SmallBit
on 06/11/2017, 05:43:31 UTC
Yes, it's really surprising, because it doesn't stop, it just goes higher and higher... Hope it will last long Smiley
Post
Topic
Board Bitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
SmallBit
on 31/10/2017, 08:35:06 UTC
It's like forex or gambling, you just only risk the amount you can afford to lose, not more. If you just stop to go to a party at Saturday night once per month and you invest it into bitcoin, you can have a much bigger party if the price doubles Smiley
Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin replace gold?
by
SmallBit
on 31/10/2017, 08:23:06 UTC
No because you can't create various rings, earrings out of bitcoin, you just can buy them with bitcoin Smiley
Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin end?
by
SmallBit
on 31/10/2017, 08:12:11 UTC
I hope it won't end soon, I'm just jumping on the train, so I don't want it to stop yet
Post
Topic
Board Bitcoin Discussion
Re: What were your experiences with Bitcoin when you first started?
by
SmallBit
on 31/10/2017, 08:10:50 UTC
I don't have any bitcoin yet, so I'm trying to get involved thru this forum. My experiences are good in connection with this forum, so I'm trying to search for the ways of gaining bitcoins. I don't want to put my life savings in yet Smiley
Post
Topic
Board Speculation
Re: Why do we keep converting bitcoin back to dollars ?
by
SmallBit
on 31/10/2017, 08:08:13 UTC
Bitcoin needs mass adoption in order to be able to pay with it, if this happens, we won't need to convert any bitcoin into USD, just to alts
Post
Topic
Board Bitcoin Discussion
Re: Do you think digital currency will ever replace paper money?
by
SmallBit
on 25/10/2017, 05:03:24 UTC
No, the two things will live next to each other. At least for the coming 10 years. People are usually afraid of the change so this will be widespread slowly. This is valid for the possible national currencies too, not just for the cryptocurrencies.
Post
Topic
Board Off-topic
Re: What are some disadvantages of BTC?
by
SmallBit
on 23/10/2017, 20:45:40 UTC
For me, a disadvantage is that without internet, we can't do anything with the bitcoins. We have to have internet connection for the mobile wallets or for the computers to deal with the bitcoins.
Why is it not possible to do a transaction between two mobile devices using the same mobile wallet app without internet connection via NFC and when internet is available again, the two devices can send the transaction to the blockchain.
Post
Topic
Board Bitcoin Discussion
Re: So Bitcoin is better than Gold?
by
SmallBit
on 23/10/2017, 20:21:16 UTC
In my understanding both of them are able to store value for longer period of time. You can't compare them directly because gold is physical and bitcoin is virtual. I also think that in the near future more and more people will live their life inside their house and do everything via the internet, so maybe that time the virtual gold, the bitcoin will be more valuable, or at least useable.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin street art: Jamie Dimon / JPMorgan
by
SmallBit
on 23/10/2017, 20:05:29 UTC
Very good picture, thanks for sharing Smiley
If I were you I would send him a hoodie or give it to him personally and have a few friends nearby with phones to catch a photo about his face Smiley
Post
Topic
Board Bitcoin Discussion
Re: What do you think about Bitcoin ATMs?
by
SmallBit
on 23/10/2017, 16:03:02 UTC
There are only a few of them and they are charging at least 10% fee or more... It's quite high, so I'm not surprised that the usage is low. You can't rely on them, because they're offline randomly. If the mass adoption of bitcoin happens, and paying by smartphones will be the part of the everyday routine, maybe the ATMs will be more popular
Post
Topic
Board Bitcoin Discussion
Re: Is this a sign???
by
SmallBit
on 23/10/2017, 14:30:30 UTC
This is sign that bitcoin is going mainstream and we would need to invest more as I am planning to open an exchange business in my country.  I have also meet an artist to design this kind of big  signboard for me. We should put bitcoin sign on every business we do.  I was in a meeting last week to have discussion with owner of a boutique's management and I recommend for them to put bitcoin sign on they doors as way to outsmart they competitors. Time is coming when most of the online store are going to accept bitcoin as a means of payment.
Well, maybe the sign of bitcoin is on the way to go mainstream, but not yet mainstream... Are the boutiques legally enabled to accept bitcoin as a method of payment? If there's a doubt, they can face legal issues from the tax authorities... But I hope this is just a problem of now, and later there will be no obstacle accepting bitcoin as a legal method of payment...
Post
Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
SmallBit
on 23/10/2017, 11:28:31 UTC
I'm only a newbie, so I have only plans, not bitcoin yet. As soon as I can start earning bitcoins, I would like to trade with it to alts and back. I don't know if alts has the better profit or bitcoin, but we'll see. First is to start earning bitcoin, but I'm planning to have a look at the Services section to find something.