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obviouslly bitcoin transaction fees is fair because bitcoin gives us too much so we also have some responsibility so thats why this fees is totally fair
The fee has not increased, its only the value has increased. The amount of tx required for bitcoin transactions is same as before but since bitcoin value has increased a lot, if we convert that small tx value in USD, it comes out to be quite high and is not suitable for transactions having small amount.
I don't really care about $ price, rather how much satoshis will 1 ETN cost. If we hit 1000 sats again soon then I will be happy, and I think it is very possible since the markek started to move up again and there is a lot of good news from Electroneum team.
I think its a testing time for ELECTRONEUM team. There are some issue in the mobile mining app and some issue in deposit withdrawal. If you follow their telegram channel you will see the team is doing good to fix all issues and it will soon rise.
Quote
1. Its gaining mainstream credibility as industry players consider it as the new gold Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.
2. Many investors and finance industry experts are serious about the promise of Bitcoin A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.
3. There is only a limited amount of Bitcoin There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.
Source here.
2. Many investors and finance industry experts are serious about the promise of Bitcoin A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.
3. There is only a limited amount of Bitcoin There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.
Source here.
These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.
Mostly people want bitcoin .Its easy to earn them and they can convert bitcoin into money and get anything's what they want. Bitcoin is the king of crypto currency and everyone want to earn huge profits through investments. Since bitcoin has ability to make life stunning that's why people love bitcoin and want bitcoin to makes their life happy and get kudos in their future.
There was a news about getting job in cryptocurrency . If you can not make enough money in different cryptocurrency and you think it can not fit your daily income.
Maybe you end up getting an actual job especially for those who have a family that depends on them.
I read about this news about Cryptoconomy offers a job opportunities with no qualifications necessary.
Try to look at this news
if you want.
https://news.bitcoin.com/how-to-get-a-cryptocurrency-job/?utm_source=Bitcoin.com+Subscribers&utm_campaign=7e9d8e50e8-Daily+Newsletter&utm_medium=email&utm_term=0_ea978414cb-7e9d8e50e8-216294061&goal=0_ea978414cb-7e9d8e50e8-216294061&mc_cid=7e9d8e50e8&mc_eid=96ac46ed19
But there is a question in my mind. What if you dont have enough skills and knowledge about cryptocurrency. And i am one of them..
Maybe you end up getting an actual job especially for those who have a family that depends on them.
I read about this news about Cryptoconomy offers a job opportunities with no qualifications necessary.
Try to look at this news
if you want.https://news.bitcoin.com/how-to-get-a-cryptocurrency-job/?utm_source=Bitcoin.com+Subscribers&utm_campaign=7e9d8e50e8-Daily+Newsletter&utm_medium=email&utm_term=0_ea978414cb-7e9d8e50e8-216294061&goal=0_ea978414cb-7e9d8e50e8-216294061&mc_cid=7e9d8e50e8&mc_eid=96ac46ed19
But there is a question in my mind. What if you dont have enough skills and knowledge about cryptocurrency. And i am one of them..
There is many possible ways to make money with crypto . One of the best way is investing in crypt currency, now days bitcoin is one the top of trend and its value in markets is very high as compare to others altcoins .You can buy bitcoin and hold it, you buy low and sell it high so then defiantly your money make in crypto. You can also join ICO bounty campaign its easy to earn money if ICO is a Success.
Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still dont know what its advantages. Please share your thougths.
I believe that it will stunning future of bitcoin. If we look of the popularity of the crypt currencies levels so we found bitcoin on the top. People are interesting to investment. This is only one crypt currency which can give us benefits only if we work hard and do patience work.Everyday bitcoin become famous, Future will be bright if the present is good. No doubt bitcoin has high demand, its future will be bright.I have 20$ of bitcoin. What should i do with it instead of spending all.Tell me Pls. 
The reason behind investing in bitcoin is to takes benefits from it .investing in bitcoin in the hope of improving your future. It decentralized which mean we can earn only if the bitcoin's price increase. Since it has unstable and not fix value, So people invest and just hope to increasing his price. Mostly people invest bitcoin just for their future. I myself invest in it just for my son's bright future.
Good day as I am new to the crypto world What is really the way to make $ in in crypto ? such as Bitcoin or other coins?
I understand as i have some invested. in my wallets the values go up and down, so you can cash out or sell when value up?
do you just buy and sell currency as the markets move up and down? or what other ways to make $ with crypto?
do you transfer bitcoin over to other websites etc?
or what should i be focusing on? thanks
just like to know what all the experts do?
I understand as i have some invested. in my wallets the values go up and down, so you can cash out or sell when value up?
do you just buy and sell currency as the markets move up and down? or what other ways to make $ with crypto?
do you transfer bitcoin over to other websites etc?
or what should i be focusing on? thanks
just like to know what all the experts do?
yes you can earn, there is a lot of opportunities to earn bitcoin on ,Twitter, Facebook YouTube, you just follow there interactions and some task. Today social media is highest network to get many things what we want , so we can earn also bitcoin from them.
can you guys tell me,what is the reason behind this comparison ?
Bitcoin and Gold are a different assets,have a different goal and function.
it's totally different and yet you guys comparing it one and another ?
Gold is a precious metal,
and Bitcoin is a cryptocurrency.
based on that alone we should see the difference between one and another.
and why you're asking about will it replace gold or will it replace bitcoin ?
can you guys use Bitcoin as your jewelry ? of course you can not right ?
and can you guys use your gold to pay your bill oversea and use internet to do it ? you can not right ?
it's totally impossible for one of them replacing one another because they have their own function and their own use.
you can not compare it because of their 'colour' or because of their 'price'.
Bitcoin and Gold are a different assets,have a different goal and function.
it's totally different and yet you guys comparing it one and another ?
Gold is a precious metal,
and Bitcoin is a cryptocurrency.
based on that alone we should see the difference between one and another.
and why you're asking about will it replace gold or will it replace bitcoin ?
can you guys use Bitcoin as your jewelry ? of course you can not right ?
and can you guys use your gold to pay your bill oversea and use internet to do it ? you can not right ?
it's totally impossible for one of them replacing one another because they have their own function and their own use.
you can not compare it because of their 'colour' or because of their 'price'.
we can't imagine. because Bitcoin and Gold are different assets have a different goals, different function, and have different features. Through the bitcoin we do trading ,goods buy and selling. Gold is a Metal and generally we use it for jewelry .Mostly people use gold and save them just for showing other. They don't care about its price.
Absolutely bitcoin is a really secure currency since users have their on personal wallet and security keys and its not easy to hacked them for hacker, its hard to steal them. Bitcoin is more secure than mostly existing financial services .No doubt many online banks got hacked in past but this bitcoin currency have high and technical security .
Whatever works on you. Trading may give you an income in a snap, but it is only for short-term, unlike investing, which is long term.
Investing mean you have to wait for long period, Since investing don't give profit in nights. Plus there's many sites offering you some benefits but believe me they're scammed and nothing.
COUNTRIES THAT BANNED BITCOIN
Before we start to our topic this I want to tell that some of you might know about this but I just wanna share this to those who are not.
Several people believe that bitcoin was a blessing and it was an opportunity
for everyone but not everyone shares the sentiment. From central banks and other finance company, Bitcoin's list of detractors runs for a very long time and gone so deep.But most of the government around the world seeks for the regulation of bitcoin.
Be due to fear,ignorance and protectionism, governments have a tendency to legislate against perceived threats.Countries such as japan protects its citizens to have free trade of the digital currency.But unfortunately not all countries embracing the change of our technology.In some cases citizens have had their assets seized,accounts got frozen and have been locked up, Government can't stop the blockchain from propagating, but they can stop their people in having access to it.
STOP THE BITCOIN!!
Like banning drugs,alcohol and other stuffs banning bitcoin sounds nonsensical and unforceable.That's the exact case in five countries:
1.Bangladesh
2.Bolivia
3.Ecuador
4.Kyrgyzstan
5.Nepal
It was recently reported in https://news.bitcoin.com/bitcoin-illegal-in-nepal-police-arrest-seven-individuals-for-trading-operations/
that there were dozens of bitcoin and crypto enthusiasts get imprison seemingly guilty of little more than operating a small-scale bitcoin exchange.
Meanwhile Ecuador has outlawed bitcoin, nit because they opposed this crypto but because they want to regulate and control it and tether it with the Ecuadorian dollar.An Electronic money designed to operate ad support monetary scheme dollarization.Completing the naughty list of countries that have banned bitcoin is Kyrgyzstan, a tiny landlocked state in Central Asia,
And Bangladesh banned bitcoin, it was 2014 where Bangladesh bank stated that anyone that will be caught using such online currency could be jailed mostly because it's about "MONEY LAUNDERING".
this was already an old news for updated list
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
so what do you think? will your country will ban the use of bitcoin?
do you know other countries that ban the bitcoins?
Please share it and tell to everyone
Many countries banned the virtual currency bitcoins because its ease of use for criminal purposes and its highs risk for investor .
So Bitcoin's market dominance in the cryptocurrency world is currently at the lowest level ever with 36.1% of the total value.
In my opinion, it's because the interest in alternative coins is rising rapidly for one, but you also have to consider how much of the bitcoin world is criminal. Seriously, for the first 5-8 years, the digital currency was mainly used as a means for criminals to launder money and sell illegal goods on the dark market. Think of all the massive hacks in the early days also, and all those darknet markets that disappeared with huge amounts of bitcoin.
Literally millions and millions of the 16 million coins out there would be owned by criminals. And now with bitcoin becoming more centralized and less anonymous, they are swiftly exiting the market and looking for alternative dark coins.
I also personally avoid using bitcoin all-together because of the extremely slow transaction speeds and high cost's associated with it.
The bitcoin mining business is dust, so that interest will die quickly.
I just don't see a very bright future for the god of cryptocurrency and it will surely be surpassed by one of its rivals soon enough.
I'm torn between predicting it to be Dash, or Ethereum, and I recon it could be about 2 years before that happens.
Would love to know peoples thoughts on the future of bitcoin.
Where will bitcoin be in
2 weeks?
2 months?
2 years?
Will it be surpassed by another coin? If so, which one and when?
In my opinion, it's because the interest in alternative coins is rising rapidly for one, but you also have to consider how much of the bitcoin world is criminal. Seriously, for the first 5-8 years, the digital currency was mainly used as a means for criminals to launder money and sell illegal goods on the dark market. Think of all the massive hacks in the early days also, and all those darknet markets that disappeared with huge amounts of bitcoin.
Literally millions and millions of the 16 million coins out there would be owned by criminals. And now with bitcoin becoming more centralized and less anonymous, they are swiftly exiting the market and looking for alternative dark coins.
I also personally avoid using bitcoin all-together because of the extremely slow transaction speeds and high cost's associated with it.
The bitcoin mining business is dust, so that interest will die quickly.
I just don't see a very bright future for the god of cryptocurrency and it will surely be surpassed by one of its rivals soon enough.
I'm torn between predicting it to be Dash, or Ethereum, and I recon it could be about 2 years before that happens.
Would love to know peoples thoughts on the future of bitcoin.
Where will bitcoin be in
2 weeks?
2 months?
2 years?
Will it be surpassed by another coin? If so, which one and when?
No Doubt with your points, I believe the things which can kill bitcoin is its transaction fee which are increasing with time and price. If we talk about using it on false activities like Drug, or money laundering, Its not our business nor we can prevent to be happen since bitcoin is volatile and no one can control it. Its better to watch our self. What are we doing with bitcoins, just help your self with his advantage and let other people to use it in wrong activities or whatever they want.
If I choosing me I will save my 50 percent of my money to my future son and daughter and the 50 percent for the investment for the crypto because even it risky they have high chances that I earn more money if I imvest to crypto but it depends to the coin.
If we want to save our bitcoin for future purpose we have to think and expect for high prices. What will happen if the price of bitcoin goes down. That's why I give prefer to CASH for my kids.
I imagine positive, if using bitcon as a substitute for money then life will be better because bitcoin has advantages over money. bitcoin can be used for payment and can also for investment and bitcoin is not easy in fake like money
Bitcoin serving as money in some places. That's why people are interesting in it. Its a shortcut for those who want to make money without losing anything. or without doing anything even. Like Buy at less price and wait for the price increase to sell at profitable price.
In many countries were kidnapped, beaten and held of millions of dollars in bitcoin even ransom by criminals. Due to this reason Taiwan
China, Russia, Colombia, Vietnam etc banned the use of bitcoin.
China, Russia, Colombia, Vietnam etc banned the use of bitcoin.
Hi guys , Some of my friends are give me some ideas about Trading and Investing.
But i've some doubt which is better in that. What is the advantage and disadvantage? Because I want to focus on one at a time for generating source of income coz my funds are limited.
Can you give some of your useful ideas? I'm a begginer. I need some help. Thank you!
I prefer trading rather than investing. I my self do trade with alt just to earn more money. If you really looking for some extra incomes In regularly base just choose trading.But i've some doubt which is better in that. What is the advantage and disadvantage? Because I want to focus on one at a time for generating source of income coz my funds are limited.
Can you give some of your useful ideas? I'm a begginer. I need some help. Thank you!
Like every parents want to leave something for children for their future.
Which investment is safe?
Bitcoin?
Stocks?
Real Estate?
Which investment is safe?
Bitcoin?
Stocks?
Real Estate?
we do not know about our future but everyone want to make his future secure and happy. As we know that in investing in bitcoin is to much risky. Nobody's know about the crypto's future .
They say that bitcoin is the future of money. What do you think if we use bitcoin in everyday lives as a money? Like buying foods. Or buying clothes. Do you imagine it positively or negatively?
It has no doubt that bitcoin is used as a money since people are investing in bitcoin only to earn money. We can use bitcoin everywhere to buy goods and to do business also .
I once read an article that says bitcoin is used as a payment transaction for terrorists and hackers. And maybe you guys in this forum also already know it. But here i want to convey my personal opinion in that matter. I think that internet and bitcoin interrelated. Many terrorists and criminals use internet .so also with bitcoin which used perpetrator However, despite all these issues, do people make concrete efforts to ban the internet? No. Not because removing and banning Bitcoin is difficult, but because the internet offers more positive than negative. For the same reason, we have to be more careful about our mindset for Bitcoin, because much evidence has shown that Bitcoin brings many positive, if not more, effects than the internet. Internet and Bitcoin are just devices that 'bad guys' and 'good people'. Fortunately, the world is filled with more people in the 'good people' category.
Ofcourse bitcoins are used by criminals, They can easily buy weapons, Sell and drugs without showing their identity or info. Actually on internet everything is used by them. Hacking bitcoin, wallets also a source of criminally. And that's the main point why some countries' government want bitcoin to goes down, All they're doing just banning the bitcoin.
Satoshi nakomoto is a fictitious name. most likely behind this name is a group of people who created bitcoin
A group of people called Satoshi Nakatomo was always associate with the invention of the crypt currency but nobody knew who was the behind the name.