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Showing 20 of 494 results by krishna1
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Board Bitcoin Discussion
Re: Lightning Network - pros vs cons?
by
krishna1
on 25/11/2016, 23:55:28 UTC
without having a perfect knwledge and live demonstation of it, it is really hard to judge it but still if we analyse the runers then the pros do knew everyone. like it will make the bitcoin network faster with some amount of fees and on addition it will increase thw security amd stabiloty of the network but all i think is will the privacy and the irriversable feature still be like now?
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Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
krishna1
on 25/11/2016, 23:47:45 UTC
the probabilty is rocket high to the moon, it is sutable in every point to be a better money system then banks. hence bank is mot a money system itself it just help us to cointrol the koney distribution or manages it into the ecosystem. these are same for the whole world
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Board Bitcoin Discussion
Re: If bitcoin died tomorrow
by
krishna1
on 25/11/2016, 23:44:48 UTC
i will follow others or maybe the bitcoin whales they surely do knows where to get safe profit so i invest ky money where they will do except the hypes and cloudmining ofcource. and on the other hand switching to another cryptocurrency is just easy as saying it but will the physical world accept it anymore?
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Board Bitcoin Discussion
Re: Why Should people wait for confirmation of Bitcoin?
by
krishna1
on 25/11/2016, 23:40:26 UTC
irriversable transactions does not means that a user do not have to pay the fees. its the reason for being transactions confirmed but the most importantly it helps us to avoid the problems like double spending and it also makes the avoidation from hackers stronger
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Board Bitcoin Discussion
Re: Is bitcoin being used for illegal activities
by
krishna1
on 22/11/2016, 19:27:57 UTC
yes when bitcoin was first launched it spreaded like a virus into the whole underworld where it has the complete place for all type of illigal activities and more but thats not truly our point. tor nretwork has many sites running and most ofvthem accepts bitcoin as payment
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Board Bitcoin Discussion
Re: Buying Drugs with Bitcoin ?
by
krishna1
on 22/11/2016, 19:24:42 UTC
drugs are the worst stuff in the whole universe for the humans but as because bitcoin lffers an anonymous payment mode so the privacy is lot more secure even at normal securoty its far more difficult any penny
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Board Bitcoin Discussion
Re: How much Fees to instant sent a bitcoin transaction?
by
krishna1
on 22/11/2016, 19:21:39 UTC
transactions are always instant no matter you pay high fees or low fees or does not pay any fees at all it will be transmitter from one wallet to another wallet instantly after that it takes time while getting the confirmations
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Board Bitcoin Discussion
Re: How Bitcoin could become the internet's fuel.
by
krishna1
on 22/11/2016, 19:17:30 UTC
nice explanations you used but i thi you can do better than that too. anyway yes bitcoin fan become an internet fule or more specificly said more effecient ajd profitable.
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Board Bitcoin Discussion
Re: Which one is better for bitcoin future? Mass adoption or huge price increase?
by
krishna1
on 20/11/2016, 21:02:05 UTC
i vote for mass adoption and thats exactly every bitcoiner is wating for. wevhave already encountered many price infreasions but when bitcoin will havd huge popularity then itvwill grow the trading ground and other services
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Board Bitcoin Discussion
Re: Can Bitcoin be used for Good?
by
krishna1
on 20/11/2016, 20:59:22 UTC
bitcoin is already being used for good. being a payment processor which is accepted my whole world is really the best thing we need. wen everyone has access to global market great ideas florished :p
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Board Bitcoin Discussion
Re: What will happen to the transaction fee?
by
krishna1
on 20/11/2016, 20:56:56 UTC
i dont see anypoing to worry about. 19k satoshi is the recommended miner fees for every transaction but i pay only 4.5k satoshi for each transaction since i use wallets with 0confirmations so i do not need to worry about anything.
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Board Bitcoin Discussion
Re: Is there new people coming to Bitcoin?
by
krishna1
on 19/11/2016, 19:41:07 UTC
its strainge but its true i do not kniw if they are joining rapidly or slowly but all i can say is they are joining bitcoin these days. because many new people has asked me about what is bitcoin
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Board Off-topic
Re: How much did you spent in the internet using bitcoin?
by
krishna1
on 19/11/2016, 19:39:40 UTC
i did not remember i have spent around 5-6bitcoin till now. in these 2years i have many wallets but i never invested anythinhlg frim my pockets it did take a long time but i succeded to maje money online
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Board Bitcoin Discussion
Re: How to explain bitcoin to teenagers or children
by
krishna1
on 19/11/2016, 19:37:41 UTC
they are intrested in games and money at this age so them them that bitcoin is a kind of money but better than other mode of payments and also it is very importamt to show them live demonstation
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Board Bitcoin Discussion
Re: What is the 'purpose' and 'nature' of Bitcoin? Some questions.
by
krishna1
on 19/11/2016, 18:55:51 UTC
i didnot got your question completly but whatever i understand according to that i will start explaning bitcoin to them by basic like its not an app or site or software its a money system buf m-pesa is not.even bill and notes are not money they are just some agrement which promis to pay money in exchange
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Board Bitcoin Discussion
Re: is it possible to hack your bitcoin from your wallet?
by
krishna1
on 19/11/2016, 18:51:28 UTC
no its not possible but there are very rare chances that any type of spoofing will work for the very very less carelessness of the user but for a normal user its really high security which hackers can not break through (easily) but yes any crezy hacker who spent 3-4year to hack one address they have some chances
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Board Off-topic
Re: Who is the Founder of Bitcoin?!
by
krishna1
on 18/11/2016, 21:01:11 UTC
i do not care who is the actul creayor but all i know is a story which states someone named satoshi nakamoto as the creator so i want to belive that he is my idea man. all i care is his sence of humor and his genious brain.i truly respect a guy like this who really does think like that.
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Board Bitcoin Discussion
Re: Do you agree with idea "Bitcoin bank" ?
by
krishna1
on 18/11/2016, 20:58:28 UTC
i dont wanna see any more banks ever in thos clean money system. i do not care it supports bitcoin or not all it will do is slow down the network, rip off many users privacy and i do not think they can gove any more security and ifthey talk about that cold storage thing then we already have those type of features in a lot of wallets
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Board Bitcoin Discussion
Re: 16,000,000 BTC will have been mined in a few days
by
krishna1
on 18/11/2016, 20:56:01 UTC
it seems good to me we can not slow down the miners and i dont do that its good to see people are making more thansactions then previous times and miners are also growimg in number and powers even after all thoseproblems like price comments and all those insults. its really greate to see all this actully happening
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Board Bitcoin Discussion
Re: Difference between Bitcoin and real money?
by
krishna1
on 18/11/2016, 20:52:59 UTC
bitcoin is a new way of Money managment or better called money processors and its fully based upon technologies. i prefer them with holograms technology(when succesfully inwnted) it will be instant future but on the other hands real money are like an instant solution to anything no need to wait a second while you have real money but some other factors work in that too