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Showing 17 of 17 results by Whiteconjuror
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Board Bitcoin Discussion
Re: Where to Invest BTC?
by
Whiteconjuror
on 20/02/2018, 06:04:57 UTC
In addition to the traditional trade in bitcoins and keeping them in order to wait for the appreciation, you can also invest in equipment for "mining" crypto currency. Each Bitcoin is a digital code for which specialized equipment is required. And the capacity of the equipment is growing in a geometric progression - in parallel with the slowing of the release rate of new bitcoins. Having invested money in the purchase of equipment, you can start earning your own bitcoins in order to subsequently sell them when the rate of the crypto currency will rise even higher.
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Board Bitcoin Discussion
Re: What to do if Bitcoin Price Crashes
by
Whiteconjuror
on 20/02/2018, 05:58:51 UTC
It also falls periodically after it reaches some next maximum, it does not constantly go up. Or are you saying that the price will fall in the opposite direction to 200 bucks for example? In this I do not exactly believe, I see no reason for this. If you sent the price up, it means that it is necessary.
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Board Bitcoin Discussion
Re: KFC now accepts Bitcoin!
by
Whiteconjuror
on 20/02/2018, 05:46:01 UTC
You can buy for crypto currency only one product - a large bucket for $ 20. The offer is limited in time. Order delivery will only be for the next week. Then pay for the wings will have a boring fiat.
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Board Bitcoin Discussion
Re: How long bitcoin will survive ?
by
Whiteconjuror
on 19/02/2018, 09:42:59 UTC
Growth bitcoin in recent years has been caused by a variety of factors - from the desire of sellers to simplify payments and avoid commissions for accepting payment on the card to the desire of various countries to encourage the development of finteha. These factors still retain their significance. In the future, anything can happen, but so far investors should expect that the crypto currency will remain in one form or another, although it is difficult to say whether it will be bitcoin.
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Board Bitcoin Discussion
Re: Governments manipulating Crypto Economies!?
by
Whiteconjuror
on 19/02/2018, 09:36:05 UTC
Governments control the Fiat currencies. They use central banks to manage money holdings, using so-called monetary policy. They also determine how remittances need to be implemented, which allows them to monitor the movement of the currency, and also dictate who benefits from this movement, collect taxes from it, and track criminal activities. But all this control is lost when non-governmental organizations devise their currency.

Control over the currency has many different hidden currents, especially in the framework of the fiscal policy of the country, the business environment, and, of course, crime control.
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Board Bitcoin Discussion
Re: Bitcoin is the digital dollar
by
Whiteconjuror
on 19/02/2018, 09:29:27 UTC
Given the transition of our society to digital payments, it makes sense to explore the concept of digital currency from the central bank. Not only will they make life easier for institutions like the Federal Reserve System, they will also allow such organizations to compete with bitcoins and other crypto-currencies. In some countries, they can even positively influence the transition to a cashless society, if such a phenomenon ever becomes a reality.
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Board Bitcoin Discussion
Re: Why people sell bitcoins?
by
Whiteconjuror
on 19/02/2018, 09:22:23 UTC
To estimate the number of owners of bitcoins is not just difficult, but impossible in principle. This is based on the basic characteristics of the crypto currency as such: decentralization, lack of control over state regulators and, what is important in our case, anonymity. It is anonymity that does not allow us to obtain correct statistical data. The number of registered bitcoin-purses also does not help, since one person can have their unlimited number. The only estimate that can be given is this: if today all the bitcoins are divided equally, each inhabitant of the Earth will get about 0.002 bitecoins.
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Board Bitcoin Discussion
Re: How can we help bitcoin grow?
by
Whiteconjuror
on 19/02/2018, 09:15:37 UTC
Introduction and regulation

The potential of blocking technologies is huge. Despite the problems with scaling and other shortcomings of bitcoin and its competitors, crypto-currencies are spreading more and more around the world. From Subway and Whole Foods (NASDAQ: WFM) to Microsoft (NASDAQ: MSFT) and to Overstock.com - many companies with a good reputation take bitcoins for payment.

It is important to note that the countries in Asia have become leaders in the introduction of bitcoin and the adoption of special regulatory norms - here is a real arms race.
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Board Bitcoin Discussion
Re: Korea will not impose a virtual currency ban in the near future.
by
Whiteconjuror
on 19/02/2018, 09:07:38 UTC
South Korean authorities are concerned about possible tax evasion and the development of crypto-currency gambling. Seoul wants to pass a law prohibiting the circulation of crypto-currencies, such as bitcoin, on its stock exchanges.
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Board Bitcoin Discussion
Re: How do you send Bitcoin without using an exchange?
by
Whiteconjuror
on 19/02/2018, 09:00:04 UTC
It sounds fantastic, but the currency, not tied to anything and based on the trust of users, has survived and is rapidly developing, and it is useful to know what can be bought for bitcoins in Russia. Discussion of the prospects of the crypto currency is conducted at the level of the finance ministers of the leading countries, exchanges of bitcoins appear for dollars, euros and electronic money (for example, WebMoney), and more and more online stores start accepting this strange, inconceivable currency, which has all chances to turn the world financial system (although in the light of the bankrupt Mt.Gox, the largest bitcoin exchange, all this is under big question).
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Board Bitcoin Discussion
Re: Bitcoin is garbage.
by
Whiteconjuror
on 19/02/2018, 08:22:41 UTC
The general director of Mastercard Ajay Banga spoke extremely negatively about the crypto-currency, calling it "garbage".

Digital currencies are a direct competitor of a company like Mastercard. Therefore it is not surprising that when the CEO of Mastercard was asked to express his opinion on the crypto currency, he demonstrated an extremely negative attitude.
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Board Bitcoin Discussion
Re: who created bitcoin?
by
Whiteconjuror
on 19/02/2018, 08:16:19 UTC
Nobody in the world knows who is behind the name of Satoshi Nakamoto, and those who know do not talk about it. Whoever he was aware that he stopped working on a project on the creation and use of crypto-currency around the end of 2010. However, his activities at an early stage of the system's operation brought him significant profits. There are several theories about who this person is.
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Board Bitcoin Discussion
Re: What do you think about it?
by
Whiteconjuror
on 30/01/2018, 08:53:35 UTC
With the legal status of bitcoin, there are no problems in Canada. This country is also open to bitcoin-transactions. The Canadian tax agency treats it as a valuable asset (income derived from transactions is treated as income from business activities). Taxes can fluctuate, depending on how bitcoin is used: for purchase-sale or as an investment. Therefore, the same rules of the law on combating money laundering apply to the exchange as well as to the business that provides cash and settlement services. .
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Board Bitcoin Discussion
Re: What do you think about it?
by
Whiteconjuror
on 30/01/2018, 08:28:16 UTC
In the European Union, the UK is most active with respect to crypto currency. In March 2015, the UK Treasury announced a series of initiatives aimed at trying to regulate this market, and in particular, to prevent money laundering through such systems. At the same time, the government of the state loyally expressed its attitude to the crypto-currencies, saying that this technology is promising for micropayments and international transfers.
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Board Bitcoin Discussion
Re: Bitcoin to 3rd world countries
by
Whiteconjuror
on 29/01/2018, 08:52:10 UTC
Bitcoins are the currency of the future, so it will be available in third world countries.
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Board Bitcoin Discussion
Re: What do you want to Buy with Bitcoin?
by
Whiteconjuror
on 29/01/2018, 08:36:07 UTC
Perhaps bitcoins need to be invested in some securities or shares of companies.
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Re: What age to teach kids about crypto?
by
Whiteconjuror
on 26/01/2018, 13:10:10 UTC
I believe that children need to talk about bitcoins in school so that they know about crypto currency and possible operations with it.