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Showing 10 of 10 results by dejectedstream
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Board Bitcoin Discussion
Re: Who wants to be a Bitcoin Millionaire?!
by
dejectedstream
on 06/11/2017, 00:02:37 UTC
Why are you just posting a link with so little info about it?  I'm scared to click it.
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Board Bitcoin Discussion
Re: Why should people use Bitcoin?
by
dejectedstream
on 05/11/2017, 23:53:41 UTC
Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?


Not as many risks as traditional payment systems like paypal and very fast.
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Board Bitcoin Discussion
Re: Is this SUDDEN price rise good for BTC?
by
dejectedstream
on 03/11/2017, 20:16:28 UTC
Yes.  It's very good for bitcoin.  Bitcoin will eventually crash most likely though.
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Board Bitcoin Discussion
Re: Do you believe that Bitcoin, Ethereum, and Litecoin have a good future. Why?
by
dejectedstream
on 03/11/2017, 15:03:28 UTC
Do you believe that Bitcoin, Ethereum, and Litecoin have a good future. Why?
Yes for bitcoin,  no for the others.  Bitcoin is used widely and will be used by even more soon!
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Board Bitcoin Discussion
Re: Mining with mobile device
by
dejectedstream
on 03/11/2017, 14:54:16 UTC
No never because it can't be profitable at all.
It is totally depend upon the hardware of the particular device. mobile devices are made up for only simple use for mining we need Hardware that is made specifically for mining.
I completely agree,  the only profitable miners are like computers.
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Board Bitcoin Discussion
Re: Will Bitcoin Die Because of China?
by
dejectedstream
on 03/11/2017, 13:37:47 UTC


I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.

Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.

I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.

Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
Yes,  and abandonment in China could actually help the rest of the world start to use it.
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Board Bitcoin Discussion
Re: Mining with mobile device
by
dejectedstream
on 03/11/2017, 13:08:31 UTC
Is mining with mobile device a profitable venture today? I read a bit about this and learned that Monero maybe worth mining. then there's Electroneum as well. I wanted to know from other's experience.

One might ask why spend on buying phones. Instead get a PC. Thing is I have few old phones that I can't sell, I want to see possibility of getting some cost back before giving/throwing them away
Not profitable,   even if you think you're making a profit,  the battery will quickly deteriorate.
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Board Bitcoin Discussion
Re: Is bribing via bitcoin a good idea?
by
dejectedstream
on 03/11/2017, 12:47:21 UTC
With 1000 dollars each, it seems that bribing with bitcoin would be a good idea.  One USB stick will do the job with no third party required.
Simply put,  no.  While you can do it anonymously though mixers,  it's still not legal and a bad idea.
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Board Bitcoin Discussion
Re: Samsung galaxy s5 mining bitcoin?
by
dejectedstream
on 03/11/2017, 00:30:31 UTC
I just saw this on a blog. Indian based blog. How possible really is mining bitcoin through your mobile phone(samsung galaxy s5 to be specific).

From what i saw. It seems that the samsung company set the phones like those hardware miners. Theyve also stated that a 7 samsung galaxy s5 can mine faster than the i7 core gpu. If this is really a success it could really be a big help for us. We can easily buy some of this 2ndhand samsung phones and can easily be in the business
I doubt that this will actually work,  but thanks for the news!
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Board Bitcoin Discussion
Re: POLL QUESTION // US Congressional Candidate: Seeking Your Advice
by
dejectedstream
on 02/11/2017, 19:48:41 UTC
I am a Congressional Candidate who is supportive of Bitcoin (wow - $7,000!) and very supportive of blockchain technology (unlike other candidates who I am running against). I haven't announced that my campaign will accept donations through BitPay (although currently operational) because I want to make sure I hear from the Bitcoin community first. This being one of the most active communities that I have found so far, any help would be much appreciated.

I am Michael, btw. Hello and nice to e-meet you all. 
Good luck with your journey and good idea to take bitcoin.