Search content
Sort by

Showing 19 of 19 results by jj007
Post
Topic
Board Trading Discussion
Re: Best exchange to trade? Why?
by
jj007
on 26/02/2018, 04:33:18 UTC
KuCoin is an exciting new cryptocurrency exchange that’s based out of South Korea. They’ve angled themselves similarly to Binance, in that they list new altcoin projects earlier than most other international crypto exchanges.
Post
Topic
Board Altcoin Discussion
Re: What is ethereum? Here is the things you need to know
by
jj007
on 26/02/2018, 04:25:56 UTC
With more than 1,300 cryptocurrencies out there, Ethereum has risen to the top of the pile, with its name often mentioned in the same breath as bitcoin. Although its value is no way near that of the flagship cryptocurrency, it’s great for trading and some of its more advanced features give it some exciting potential for the future.
Post
Topic
Board Bitcoin Discussion
Re: How do you store your bitcoins?
by
jj007
on 26/02/2018, 04:21:04 UTC
I am using desktop wallet.A desktop wallet offers a number of advantages over an online wallet. While online wallets are easily accessed from anywhere in the world, they are also more vulnerable to potential hacking. Desktop wallets, on the other hand, are accessed only via your private computer, with personal security keys stored just on that machine.
Post
Topic
Board Bitcoin Discussion
Re: Hotels accepting bitcoin
by
jj007
on 26/02/2018, 04:03:06 UTC
Expedia
The popular online hotel booking site announced last year that it will accept bitcoin for all hotel bookings. This made it the first major travel company to accept payments in digital currency. Bitcoin has been integrated into the payment options for customers at check-out, that includes other options such as PayPal, Visa as well.
Post
Topic
Board Speculation
Re: Invest in Bitcoin now or wait for another dip?
by
jj007
on 26/02/2018, 03:59:20 UTC
Bitcoin is unpredictable. But my foresight is it will rise till the NOv 16th fork and dip and then start climbing up again. The outcome of the fork also maybe a concern.
Post
Topic
Board Bitcoin Discussion
Re: Why I would rather have paper money then Bitcoin
by
jj007
on 24/02/2018, 08:59:45 UTC
Firstly, I would not necessarily agree that this makes Bitcoin better than fiat money, I think this makes Bitcoin different or unique. Whether this is better than fiat is more of an ideological or economic theory type of question, but being unique may be sufficient to ensure Bitcoin can have significant value.
Post
Topic
Board Bitcoin Discussion
Re: At what point does mining stop?
by
jj007
on 24/02/2018, 04:12:19 UTC
Bitcoin mining refers to the process of hashing, or using computers to solve complex algorithms. When an algorithm is solved, a new block of transactions is created and added to the blockchain. The blockchain is the public record, or ledger, of all Bitcoin transactions.Whenever Bitcoin transactions are carried out, they’re first broadcasted to the whole network and then get added to the blockchain via the miners. The process of hashing is therefore vital to deciding which transaction takes precedence (since not all transactions can fit inside a single block). If miners stopped mining, the entire Bitcoin system might actually collapse. Wink Wink Wink
Post
Topic
Board Bitcoin Discussion
Re: Why is there such demand for Bitcoin?
by
jj007
on 20/12/2017, 10:46:49 UTC
One dollar invested in Bitcoin in 2010 is now worth $58,000. One thousand dollars would be worth $58 million. Despite more Bitcoins being mined, demand still by far outstrips supply.It’s reasonable to wonder of course what has risen is the price; as to the value, that has yet to be determinedand same is the case with demand for it.
Post
Topic
Board Beginners & Help
Re: Does Bitcoin work for online shopping?
by
jj007
on 20/12/2017, 10:40:14 UTC
Bitcoin can absolutely work for online shopping, yes. There are many websites that accept BTC like Overstock, Alibaba, etc so you can use them there. However I do not recommend that you use your bitcoins to purchase things online right now. While it may seem very exciting BTC is not in that stage yet where it should be used for storing value for the long term.
Post
Topic
Board Bitcoin Discussion
Re: Why is bitcoin the most popular cryptocurrency?
by
jj007
on 20/12/2017, 04:29:02 UTC
Digital currency can be one of those checks, because it provides an opportunity for people all over the world to gain more control of their money. With universal access to smartphones, it will likely spread rapidly to every country in the world. This increase in control for individuals will probably stimulate a great deal of economic growth, and improve the human condition.
Post
Topic
Board Economics
Re: The dream of getting rich with bitcoins
by
jj007
on 19/11/2017, 06:29:46 UTC
Yes my dream is to be rich with digital currency,and for this I am trading in digital currency and have earn a lot of mBTC so far but to be rich much more will get some time, though BTC is the best option for it ,the best thing is to invest in it and wait for excellent profit.
Post
Topic
Board Bitcoin Discussion
Re: Saving Bitcoins for your Children.
by
jj007
on 19/11/2017, 05:21:50 UTC
No doubt a great idea from your side for ones children.Actually it will make any one tension free from the future of the children and whatever kind of money the children want in the future one can give it to them in the shape of BTC.
Post
Topic
Board Economics
Re: When to buy and sell bitcoin
by
jj007
on 19/11/2017, 05:07:52 UTC
The best time to buy bitcoins is today and when you feel that the price is goes higher than that of which you purchase then go for selling it out and in return you will have a great profit of it.it sounds well that when the price is a little low go for buying and when it rise go for selling it.
Post
Topic
Board Bitcoin Discussion
Re: So Bitcoin is better than Gold?
by
jj007
on 19/11/2017, 04:50:45 UTC
Yes it is better because its price shows it as each day its pricing is increasing and in return people are getting handsome amount in return.and in the same way the price of gold is not that much rising as compare to BTC so if you have stored some Bitcoins you can easily sell it out with higher price after a few days when its price goes up
Post
Topic
Board Bitcoin Discussion
Re: Should I Wait or Invest On Bitcoin?
by
jj007
on 19/11/2017, 04:11:09 UTC
The best thing is that never wait for something.Go for investment today as future belongs to those who give sacrifice today so dont let your day empty by saying I will wait for tomorrow .Tomorrow you will have a great return by earning handsome amount in the form digital currency.
Post
Topic
Board Speculation
Re: Bitcoin reaches 8000 USD
by
jj007
on 18/11/2017, 11:00:08 UTC
yes i think it will reach although it depends on digital trade the more people are getting interest bitcoins the more it will rising as depends on supply and demands the more people want it the more its price will increase.so hope that it will cross$10000 by next coming months.
Post
Topic
Board Bitcoin Discussion
Re: What is BTC for you?
by
jj007
on 18/11/2017, 10:36:09 UTC
Btc is actually a digital wealth like as we have gold in our daily life .As gold is important in our daily life so is the case in digital currency we have in the shape of BTC so if we have a large number of btc we can say doing large number of trade online with digital investment which requires Btc is a basic necessity.
Post
Topic
Board Bitcoin Discussion
Re: Am i too late
by
jj007
on 18/11/2017, 08:12:44 UTC
there is no word such as late you never late it is the exact time to invest in bitcoins and earn handsome amount in return.As time and tides waits for none so dont wait for tomorrow and go for investment today.
Post
Topic
Board Bitcoin Discussion
Re: What are the most common uses of Bitcoin?
by
jj007
on 18/11/2017, 08:03:55 UTC
The most common use of bitcoins depends like here in my country the people are doing shopping in great malls with their btc. some other are investing them in online trade and earning handsome btc in return