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Showing 20 of 138 results by kimmy724
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Topic
Board Exchanges
Re: Selling on Localbitcoins vs an Exchange
by
kimmy724
on 20/04/2018, 00:21:29 UTC
This is the thing . If you want to trade from crypto to fiat just use localbitcoin otherwise any highly reputable exchange will be fine.
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Board Development & Technical Discussion
Re: Build your own blockchain
by
kimmy724
on 10/04/2018, 02:30:42 UTC
There is one available blockchain suite that can do all for you... privacy, explorer, coin mixer and atomic swap . Komodo is offering a white label blockchain development service.
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Board Bitcoin Discussion
Re: Should we support altcoins ?
by
kimmy724
on 10/04/2018, 02:27:38 UTC
Altcoins are important part of crypto ecosystem. They are the hedging medium once bitcoin is not profitable to keep or hodl. It is to leverage and minimize lose to investing bitcoin.
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Board Bitcoin Discussion
Re: Will Bitcoin become a daily currency???
by
kimmy724
on 10/04/2018, 02:24:45 UTC
To become one, bitcoin confirmation should be realtime faster . People wont like to wait for 30 minutes just to complete a single transaction. Developers I think are looking into it.
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Topic
Board Bitcoin Discussion
Re: Blockchain tech is faulty and will collapse!
by
kimmy724
on 09/04/2018, 09:22:03 UTC
From  the technical stand point of view, blockchain in my opinion is the end product of brilliant  minds that cannot be questioned. The architecture itself is complex enough to harden network transactions. It just a matter of evolution and adoption to make the peer to peer system works  for the betterment of the civilization.
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Topic
Board Bitcoin Discussion
Re: bitcoin banned in social media?
by
kimmy724
on 09/04/2018, 09:07:52 UTC
Social media rely heavily on advertisements and most of them are up in arms against crypto currencies and assets . Somehow they are afraid that cryptos might eventually level the playing fields .
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Topic
Board Trading Discussion
Re: What is a whale?
by
kimmy724
on 09/04/2018, 03:09:51 UTC
A whale is an individual or group of individuals that has the majority number of assets which tends to manipulate price as they wish to. Most of them are early adopters and have been controlling the pumps and dumps on crypto tradings.
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Topic
Board Development & Technical Discussion
Re: Possible Attack on Bitcoin's Network
by
kimmy724
on 09/04/2018, 03:06:02 UTC
Indeed bitcoin attracted so much attention and I do believe some would attempt to attack the blockchain to gain control all the funds exist. But it would really be a long shot to do that  probably with a super ASIC computer miners will perform a brute force attack but like I have mentioned, its a long shot.
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Topic
Board Bitcoin Discussion
Re: Why you Still believe in Bitcoin?
by
kimmy724
on 09/04/2018, 03:01:22 UTC
The simple reason why I still I believe in bitcoin is that the security of PoW and furthermore it is the gateway to many crypto assets that would transact fiat easier.
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Topic
Board Economics
Re: Buying a house with BTC
by
kimmy724
on 31/03/2018, 01:57:57 UTC
There are several blockchain project like Decentraland and Brickblock that initiated blockchain to be in the housing sector and showcasing transactions of buying and selling properties using cryptocurrencies.
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Board Bitcoin Discussion
Re: Invest now - should or not?
by
kimmy724
on 30/03/2018, 13:34:32 UTC
Right now until the end of July should be the right time to leverage and take this opportunity of low price bitcoin and other altcoins that they are having. Be aware that there are brewing driving force that could propel bitcoin further.
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Board Speculation
Re: are you happy with long?
by
kimmy724
on 30/03/2018, 13:30:57 UTC
After watching a video about a famous economic researchers that viewed millenials will drive cryptocurrencies to its peak I am convinced that being long is a great strategy towards bitcoin.
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Topic
Board Economics
Re: Will future paper money disappear?
by
kimmy724
on 29/03/2018, 09:53:20 UTC
With the advancement of connected world, anything that is physical will be render insignificant. Like postal service that is now in near dormant, paper money may follow its trail . This has been happening in the last 30 years with VISA and mastercard.
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Board Bitcoin Discussion
Re: Is bitcoin a form of gambling?
by
kimmy724
on 29/03/2018, 07:30:20 UTC
In life there is always a risk and it is synonymous to gambling. It can make or break things and we should be prepared what would be the outcome . Move on if things don't go right so chill and get thrill with the ride.
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Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
kimmy724
on 27/03/2018, 00:23:17 UTC
Komodo platform is gearing up. After the notary election on April 1 2018, it will soon follow up with its first ever dICO with BlocNation and after a week Utrum will be next. Then this news about collaboration with Populous . Exciting things will be happening in Komodo.
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Board Economics
Re: Is bitcoin dead?
by
kimmy724
on 26/03/2018, 00:45:29 UTC
Bitcoin will never cease . It is the currency of the future.  Just recently bitcoin would become smarter via RootStock to implement its as-Service platform , so spare me this speculations and just enjoy the ride.
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Board Bitcoin Discussion
Re: Why Media is negative about Bitcoin?
by
kimmy724
on 26/03/2018, 00:40:04 UTC
Part to blame is information dissemination on part of respective financial agencies of countries that do not adhere to technological changes. Another thing is that some are spreading fuds to have acquired bigger stake in a cheaper price.
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Topic
Board Bitcoin Discussion
Re: When will Bitcoin be more energy efficient?
by
kimmy724
on 25/03/2018, 12:41:26 UTC
Proof of work relies so much energy on electricity when mining coins. Just consider the difficulty level to mine one block for bitcoin . So its logically impossible for bitcoin operation to be more energy efficient.
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin really secure?
by
kimmy724
on 25/03/2018, 12:37:16 UTC
The core and design of bitcoin is secure enough just imagine it is going to take the whole Internet to shutdown and brute force attack on networks which is extremely very hard to execute. It is how human would use bitcoin that makes it vulnerable.
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Topic
Board Economics
Re: why do people agree to pay taxes?
by
kimmy724
on 25/03/2018, 12:29:59 UTC
It is really an essence for an earning individual to pay taxes. This is because it will give the government enough funds to sustain different forms of government services that people need in their day to day activities.