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i do this question because i´ve read in this website issues with bitcoin, slow mining process, high fees, etc. and i´ve read too good reviews of some altcoins, ethereum (smart contracts), ripple (for transfers between banks), dash and nem. these altcoins called 2.0. could bitcoin become just in future virtual gold reserved to companies and rich people?
There is a possibility that another cryptocurrency could outshine bitcoin in the years to come. But no matter what happen still bitcoin has already been mark in the history that it became the number cryptocurrency. This instance cannot be controlled since change is inevitable.
I've just heard this news recently and this is a great news for all bitcoin holder residing in philippines. I think Philippines recognize the bitcoin as a payment system mainly because they considered the growing number of OFW's that sends money through remittance centers and by recognizing bitcoin it can help ease the way of OFW to send money since it has a peer to peer system which is really good thing to have.
Hello all,
I hear of some rumors that Facebook is going to accept BTC in the near future
Am i late with this news, or just misunderstand ?
BR,
Gondel
I hear of some rumors that Facebook is going to accept BTC in the near future
Am i late with this news, or just misunderstand ?BR,
Gondel
I haven't heard that news yet till now and since you posted this, I'm curious on what direct transaction to facebook will occur that needs bitcoin as a medium of exchange? is there a particular thing that needs payment to facebook? or maybe I think facebook is just merely a bridge for the transaction but not directly the one to be accepting the bitcoin.
I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?
I don't know anyone of the above mentioned personalities but I think bitcoins profit can be attained much more faster than doing drug dealing, weapon dealing or any kind of stocks dealing. If you can observed bitcoin fluctuation moves unexpectedly just like this year, the value increase as high as $5k which we are not so sure to happen but it happened.
Re: How Eco friendly is our money and is there an alternative?
I got to read your article and it was a good read. I get your point on having an efficient money to circulate in the world. These digital cryptocurrencies is included as an option to be acquired on almost all country if it got its permission, of course, this is per country basis. And in line with every country decision on what medium of exchange they prefer most must top the efficiency of the money.
Re: Bitcoin price behind ethereum price value in the future!
It is possible happen that ethereum overtake bitcoin?
Do I need to compare both of them or just hold both.?
Please share your constructive idea about this.
Do I need to compare both of them or just hold both.?
Please share your constructive idea about this.
As for my observation with these two token, bitcoin and ethereum market trend movement is the almost all the time thr same now a days. If bitcoin value goes up so as ethereum and if bitcoin value decreases so as ethereum decreases. I think if this movement continues, I don't think ethereum will overtake bitcoin but both are good to hold on to if this movement is what its like in the coming years.
We already know China's government has been ban initial offerings and bitcoin exchanges in since beginning of September this year.
At that time, all bitcoins exchanges in China have problems to continue this business. Some China's Bitcoins holder also divert all its assets to store in abroad exchanges.
Source from
https://cointelegraph.com/news/breaking-china-may-cut-off-cheap-power-to-bitcoin-miners
If this true will be applied then China's is serious to fight this Bitcoins business.
At that time, all bitcoins exchanges in China have problems to continue this business. Some China's Bitcoins holder also divert all its assets to store in abroad exchanges.
Source from
https://cointelegraph.com/news/breaking-china-may-cut-off-cheap-power-to-bitcoin-miners
Quote
The statement regarding the cessation of cheap mining electricity indicates that the Sichuan Electric Power Company has issued a circular indicating that it will no longer provide the necessary power from its grid-connected hydropower stations. The circular suggests that Bitcoin mining is illegal operation. The circular has yet to be confirmed.
If this true will be applied then China's is serious to fight this Bitcoins business.
Earlier this month, the news of bitcoin banned in china is a big setback for bitcoin and it also affects the miners. Though they can divert what they currently hold in abroad exchanges still this is a major problem that complicates the investors residing in China, they are really strict when it comes to bitcoin matter that is why this a very serious matter not only for the chinese bitcoin investor but also outside the china premises because their portion has a big part on what could bitcoin achieve.
in this forum we have the same chance to be able to get bitcoin even with different background and skill.
which is my question is why at first when we first know our bitcoin eagerly surge, day and night are always online, but when it reaches the level of senior level member it is saggy, what tips do you use so we keep the spirit in collecting purse bitcoin purse?
which is my question is why at first when we first know our bitcoin eagerly surge, day and night are always online, but when it reaches the level of senior level member it is saggy, what tips do you use so we keep the spirit in collecting purse bitcoin purse?
I guess it all depends on the need of a person to gain bitcoin, the spirit comes within itself. When a person is in need of money to support his/her needs then he/she pursue it whether he/she became a senior level still he/she is motivated to collect more and give the best what he/she can offer.
if satoshi nakomoto mined 1 million bitcoins in early days. who own the second worlds biggest bitcoin wallet? 
I also want to know but I think the identity of that second biggest holder of bitcoin is securely hidden just like anybody who has bitcoin on their wallet. This is for safety purposes that is why identities arennot being disclosed to avoid any undesirable events that may happen due to other peoples greed.
Bitcoin has pass through many stage, limitations, attack and forks issue but its price keep on increasing from inception till now. At this time Last year bitcoin price was $450 but today it is $1245 that was over 180% increment in just a year. This is what we call blessing, that is making progress in the face of strong opposition!!
I agree with you that bitcoin is indeed a blessing for eveyone to take advantage with. Bitcoin is a bit confusing at first since this works digitally or what we called cryptoworld, and since it works or circulates inside the cryptoworld, most people have trust issues in this kind world since they not secured with this and they lack knowledge with this kind of world. This is one of the greatest challenge that bitcoin overcomes before it creates its big name right now and became successful.
What are your views on this?
Hold this one! I have a strong feeling that it will reach as high as $12k. Its really worth a wait, but if you really need cash you sell now but I advise not to sell it all maybe 25% of what you hold or sell based on how much you need by this time.
BTC as an investment can be compared to a roller coaster based on the way it fluctuates. The change of its market trend is unpredictable especially for the newcomers, but for experienced investors they already have a forecast which most of the time agrees to what they forecast about it.
I am not an expert or whatsoever specialist on bitcoin but I just want to input what I know such that bitcoin is supplied by miners. Through mining the number of bitcoin is increased, this kind of activity circulates to every cryptocurrency available in the cryptoworld.
My answer is No, I don't think bticoin value has an effect on fiat being worthless simply because these two have different system though they focus on the same target people. Also, if the bitcoin price reaches to the point where its value is $10k then I think bitcoin can be consider as a direct medium for transaction next to fiat but none of this would be called as worthless for they value much to the people who still holds that.
There are two ways that I know where you can get bitcoin, one is through joining campaigns here bitcointalk forum and two is by buying bitcoins this is done through your e wallet which you can convert your cash to bitcoins. There are also other ways you can get bitcoin just like mining, trading and many more but I haven't tried it yet but will soon try it also when I become more knowledgeable about this things.
I live by the method of getting your original investment back and playing with the "banks" money. You can sleep easy if you do this.
Same thing as yours, I live by that method, I admit that I it is a bit passive since this would likely result to any lose but I trhink this method is great and I also do that, as long as I get what I entered then I'll be fine and be active about this all through out since I am now more secured that I have not lose anything by doing this.
Today's economy is either rising or falling depending on the consumers and sellers. If you join the Bitcoin, there is a high probability that you will gain something from your money because there are a lot of opportunities here. So my question is, "Where do you usually spend your money that you have gained here in Bitcoin?"
I usually spend it on my utility bills such as for electricity and internet from which my electronic wallet already offers a direct transaction to my billers address. Bitcoin indeed help me with my bills and lessen my stress of finding money to pay those bills, also it offers less hassle for some dealers already accept bitcoin as a way of transacting.