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Showing 20 of 55 results by akablackhat
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Topic
Board India
why stock traders are denying to invest in cryptocurrency in india
by
akablackhat
on 27/10/2017, 16:36:03 UTC
hi! i am stock trader too most of my friends and family who has been invest in stock market for years are clearly saying to not to invest in BTC .
they say this amount of volatility is not good for investing . is that true?
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Topic
Board Economics
Re: Is bitcoin a good way to invest your money ?
by
akablackhat
on 26/10/2017, 16:10:43 UTC
Believers in Bitcoin say it’s the money of the future, a digital alternative to the dollar or euro or yen. Non-believers say it’s not real money. After all, you can't dig into your pocket and pull one out like a $10 bill and hand it to a cashier at Dunkin' Donuts to pay for your morning coffee.
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Topic
Board Economics
Re: DON'T DO PANIC SELLING !!!
by
akablackhat
on 26/10/2017, 16:09:33 UTC
in 2013 BTC become half just because of PANIC SELLING .
i dont think its possible now but if PANIC SELLING continue price will obviously  go down.
Post
Topic
Board Economics
Re: What would be the possible impact of BTC in the economy of a country?
by
akablackhat
on 26/10/2017, 16:07:42 UTC
By using crypto currencies like BitCoins people can make illegal transactions without giving any information about themselves. Crypto currencies like Bitcoins are a way to empower such transactions across the globe which will ultimately result in increased cyber crime.
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Topic
Board Economics
Re: Is bitcoin now the strongest currency in the world?
by
akablackhat
on 26/10/2017, 16:06:10 UTC
market cap of BTC is more than half of the countries's on globe and 80% of S&P 500
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Topic
Board Economics
Re: Bitcoin to be international currency
by
akablackhat
on 26/10/2017, 16:05:09 UTC
Bitcoin is more than international currency now, people of almost every contry is aware about the price and popularity of btc .
market cap of BTC is more than half of the countries's on globe .
Post
Topic
Board Economics
Re: panic selling
by
akablackhat
on 26/10/2017, 15:57:38 UTC
The Bitcoin  lost half its value in 2013 because of a panic sell-off.
Post
Topic
Board Economics
Re: Bitcoin to be Taxed......
by
akablackhat
on 26/10/2017, 15:53:14 UTC
in INDIA
The I-T department can catch up if you try to evade tax on sale of bitcoins
Post
Topic
Board Economics
Re: Bitcoin or gold?
by
akablackhat
on 26/10/2017, 15:51:25 UTC
 Gold price to historic highs between 2011 and 2013, exceeding $1,900 an ounce in September 2011. Prices remained above $1,000 an ounce into 2016. While Gold prices have responded to supply and demand, fluctuations are less extreme than many other investment commodities, including bitcoin.
Between 2009 and the majority of 2017, the bitcoin price rose gradually from zero to near $6000
As more users chose to invest in bitcoin, miners worked to increase the worldwide supply and developers imposed higher transaction fees.

As with any commodity, including Gold, bitcoin is subject to drastic price fluctuations.
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Topic
Board Economics
Re: Whats the ranking of bitcoin in terms of currency
by
akablackhat
on 26/10/2017, 15:46:19 UTC
The concept of a decentralized cryptocurrency without political borders can be challenging at first. Bitcoin forces us to adjust the way that we think about money and value transfer. Fortunately, the bitcoin community has been excellent at consolidating informational data through a loosely-integrated group of dedicated volunteers.
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Topic
Board Economics
Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
by
akablackhat
on 26/10/2017, 15:42:38 UTC
It is a booming, dizzying market. Since the start of the year, bitcoin, the world’s biggest cryptocurrency, has almost tripled in value to $2,565. By some estimates, the cryptocurrency business could be worth $5tn by 2022. There are now close to 800 cryptocurrencies worth, in total, around $96bn.
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Topic
Board Economics
Re: Can bitcoin improve the economy of a country?
by
akablackhat
on 26/10/2017, 15:41:01 UTC
Bitcoin can still affect the world economy even if it does not become a currency that everyone uses or understands.
Post
Topic
Board Economics
Re: Why Is Bitcoin's Value So Volatile?
by
akablackhat
on 26/10/2017, 15:38:37 UTC
By design, a total of 21 million Bitcoins will be created over 100 years according to a logarithmic release function. At the time of writing, just over 13 million bitcoins are in circulation, meaning that an additional 8 million bitcoins will be mined over the next 95 years   Tongue. Given this timescale and the decelerating rate of increase of the coinbase, the supply of bitcoin can, for practical purposes, be assumed to be constant.  Shocked
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Topic
Board Economics
Re: Future of Bitcoin Economics
by
akablackhat
on 26/10/2017, 15:36:24 UTC
 Bitcoin currently has a clearly defined use case in which disruption is possible, the possibilities for Ethereum to enter the market are far less distinct. Ethereum benefits from the possibility of much greater eventual impact. Bitcoin is currently better positioned to leverage and be incorporated into innovations that occur across many industries, whereas Ethereum is trying to drive the innovations. Ethereum is at a greater risk of experiencing disruption, as their network is the major driver of value (while the Ether ‘gas’ simply drives the network). This network which drives innovation opens up Ethereum to be disrupted by future entrants looking to build upon the existing framework. Bitcoin is largely safe from this threat of new entrants as Bitcoin’s explicit purpose of acting as a digital currency has been effectively accomplished, where future innovative networks can use Bitcoin as an underlying asset.
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Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
akablackhat
on 26/10/2017, 15:31:26 UTC
It's the payment system. It's the blockchain encryption. And there are interesting things. I think bitcoin, or the, really, blockchain encryption that's behind it, has a greater ability to bring more of the world's population out of poverty than anything we've seen in
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Topic
Board India
Re: Bitcoins cannot be legal in India.
by
akablackhat
on 26/10/2017, 15:23:41 UTC
SEBI opposes the central bank’s proposal, the publication noted, and then quoted a regulatory official saying:
""It (bitcoin) cannot be classified as commodity derivatives as per extant legal provisions.
Post
Topic
Board India
Re: Bitcoin Debit Cards in India
by
akablackhat
on 26/10/2017, 15:09:59 UTC
Bitcoin start-up E-Coin has launched a virtual bitcoin debit card that works where VISA is accepted. The virtual bitcoin debit card has until now existed in the realm of possibilities largely due to the idiosyncrasies of the global financial system.
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Topic
Board India
Re: Best BITCOIN Wallet In India
by
akablackhat
on 26/10/2017, 15:04:56 UTC
i personally have used these three they really works good . my review >
Zebpay: Higher bitcoin prices,secure,but transaction fees is 0.0002 BTC for BTC to BTC transaction. Works fine if you like to purchase some amount of BTC.
Unocoin : You can use it similar to zebpay. You can purchase directly from site.
coinsecure: Lesser rates compared to other exchanges.Good support and service. Similar to unocoin.
Post
Topic
Board India
Re: Indian Government considering official crypto currency codenamed "Lakshmi"
by
akablackhat
on 26/10/2017, 11:05:42 UTC
As the blockchain technology matures, its benefits become seemingly obvious; however, for it to replace traditional currency will still require much change in how the banking institutions function
Post
Topic
Board India
Re: Bitmain stopped shipping in India???
by
akablackhat
on 26/10/2017, 10:59:35 UTC
bitmain was providing miner in good price, for some hardware prices on amazon and ebay was in the sky.
bitmain should start shipping in India again cause a lot of people wanna start mining and start understanding the cryprocurrency