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Showing 18 of 18 results by kshmrcrs
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Board Bitcoin Discussion
Re: Facebook banning All crypto ads!!
by
kshmrcrs
on 17/02/2018, 12:11:07 UTC
Facebook has a new advertising policy pertaining to cryptocurrency, binary options and initial coin offerings. The policy specifically prohibits ads that promote those types of products and services “that are frequently associated with misleading or deceptive practices". Cryptocurrencies like Bitcoin, Litecoin and Ethereum, and initial coin offerings have all hit the mainstream, which has promptly resulted in a number of scams. Over time, Facebook says it will revisit the policy and its enforcement mechanisms as its signals improve. In the meantime, Facebook is encouraging people to report content that violates this policy.
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Board Bitcoin Discussion
Re: BIcoin Manipulation
by
kshmrcrs
on 16/02/2018, 15:42:10 UTC
As reported by TechCrunch, their research calls attention to the potential risk of price manipulation and fraud withing cryptocurrencies. "If bitcoin wants to be taken seriously it probably shouldn't be this easy or legal to manipulate the markets," writes John Biggs for the publication. Bitcoin’s price may have been manipulated by traders seeking to shoot the price up with suspicious activity. New research found suspicious activity in the years-old transaction logs of the ill-fated Mt. Gox exchange, which went from handling 70 percent of all bitcoin transactions to declaring bankruptcy in 2014 after losing over 800,000 bitcoins. It appears a number of accounts automatically pushed the price up with bot-powered trades.
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Board Beginners & Help
Re: tips for begginers
by
kshmrcrs
on 15/02/2018, 14:07:14 UTC
Choose an exchange to buy coins on and a wallet to store the coins in, like Coinbase/GDAX which allows customers to buy/sell/store cryptocurrency. A beginner might prefer to trade cryptocurrency stocks on the stock market GBTC is a trust that owns Bitcoin and sells shares of it; trading this avoids you having to trade cryptocurrency directly. A beginner should also start by trading prominent coins. Currently, in 2018, we can recommend coins like Bitcoin (BTC) and Ethereum (ETH). In the future, this could change.
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Board Bitcoin Discussion
Re: KFC now accepts Bitcoin!
by
kshmrcrs
on 12/02/2018, 22:40:10 UTC
The Colonel is embracing cryptocurrency. KFC Canada has rolled out the Bitcoin Bucket, an offering that can only be paid for using Bitcoin. The limited-time marketing move sees the Canada-based chain advertising "The Bitcoin Bucket" complete with a Facebook-based live-tracker of the standing price for the product, which works out to roughly 20 Canadian dollars depending on the exchange rate with bitcoin. That said, you can't exactly walk into a KFC location in Canada and pay with crypto at the cash register. Instead, the company is accepting Bitcoin via BitPay as one of the options through an online check-out page. The Bitcoin Bucket will be delivered directly to the customer's address (the product also carries a $5 fee), according to the check-out process on its website.
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Board Bitcoin Discussion
Re: Why media against bitcoin ?
by
kshmrcrs
on 10/02/2018, 02:08:30 UTC
If you’re a mainstream journalist, even if business, tech and/or finance is your field, you probably don’t have a handle on where bitcoin is at right now. At least not enough to be writing columns for a major publication about it. Jon takes aim at the mainstream media and their issues reporting on emerging technologies in the sector. Bitcoin is a spanking-new, highly-specialized topic. Even those deeply involved don’t agree on many points. So why trust a reporter who’s only given it an hour’s thought, max? After the excitement of the immediate at bitcoin’s edges, it’s a bit depressing to see where the outside world is stuck.
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Board Bitcoin Discussion
Re: Bitcoin Dangerous ?
by
kshmrcrs
on 10/02/2018, 01:39:47 UTC
When bitcoin inevitably crashes, inexperienced investors who believed the hype could lose everything. Bitcoin has no safety mechanisms. Typically, you'll get a private key or random words which protect your wallet. If you lose your key, your funds will be gone with it. There's no support to contact, no way to change the password, and no way you could verify your identity to get your account back. When it's gone - it's gone, there's nothing anyone can do. If the government decides to declare owning Bitcoin illegal, you may find yourself in trouble.
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Board Off-topic
Re: Best way to earn Bitcoin
by
kshmrcrs
on 08/02/2018, 04:13:43 UTC
Even though running a bitcoin faucet can be profitable (more on this later on), using a faucet isn’t as much. Faucets are websites that will give you a small quantity of Bitcoins every few minutes. For example "our own bitcoin faucet" gives up to 1000 Satoshis (0.00001BTC) every five minutes. But even if you managed to hit the 1000 prize every time for a full 24 hours, you’d still be making only 0.00288BTC. So you’d get around $1.31 for 24 hours of work (and we have one of the highest-paying faucets in the industry).
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Board Speculation
Re: Bitcoin Going Up - Good News Apper
by
kshmrcrs
on 08/02/2018, 02:30:08 UTC
One bitcoin token is now worth nearly $12,000, which is about $2,500 more than its low on Wednesday January 17 but still some $8,000 lower than its all time high. Main rivals Ethereum (ETH) and Ripple (XRP) also plummeted, after the threat of South Korean regulators banning cryptocurrency trade prompted investors to sell-up. Charles Hater, founder of price tracking website CryptoCompare, said: “The market has been carnage and a lot of investors are starting to take a step back and breathe a sigh of relief as the price has stabilised.
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Re: If bitcoin goes to zero
by
kshmrcrs
on 08/02/2018, 01:43:03 UTC
I do not believe Bitcoin will ever drop to zero value. I do believe it is part of a cryptocurrency bubble that is going to burst at some time for the following reasons. I have seen some postings saying the government cannot regulate Bitcoin.  Also there are plenty of blockchain copycat technologies that make Bitcoin simply another blockchain alternative. All of the cryptocurrencies are having a difficult month. Over the short term, the demand for Bitcoin may continue to grow. Financial institutions and private investors may turn to it.
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Board Bitcoin Discussion
Re: Is bitcoin really gonna be dead?
by
kshmrcrs
on 03/02/2018, 09:34:48 UTC
Bitcoin has fallen by more than 56 percent since the turn of the year, after peaking at nearly $20,000 in December 2017. To make matters worse, the the security of cryptos was called into question last week after £380million worth of NEM was stolen by hackers who targeted the popular Coincheck exchange. Bitcoin investors have since been advised to keep their investments safe in an offline ‘cold’ wallet to prevent future hacks.
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Board Bitcoin Discussion
Re: What is Virtual Money?
by
kshmrcrs
on 03/02/2018, 00:30:59 UTC
They can be used as a form of payment if another person is willing to accept them, they are not legal tender. The value of virtual currency can fluctuate significantly, they may not be accepted in many places and they are not guaranteed by any bank or government. Virtual currencies are kept in a digital wallet and the exchange platforms on which you buy and sell virtual currencies are generally not regulated, which means that if the platform fails or is hacked, you are not protected and have no statutory recourse.
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Board Bitcoin Discussion
Re: who created bitcoin?
by
kshmrcrs
on 02/02/2018, 15:08:30 UTC
When you search "Satoshi Nakamoto" in google, the results will lead you straight to image after image of an elderly Asian man. This is Dorian S. Nakamoto, named "Satoshi Nakamoto" at birth. He is almost 70 years old, lives in Los Angeles with his mother, and, as he has reminded people hundreds of times, is not the creator of Bitcoin.
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Board Bitcoin Discussion
Re: Will you donate Bitcoin for the poor and needy?
by
kshmrcrs
on 02/02/2018, 12:15:33 UTC
Maybe I will convert first the amount of bitcoin I have to a real cash, for that matter they will appreciate more my help or my contribution. Especially for those who don't have permanent address, they don't know exactly what really happen in our world. I'll just give if I have extra bitcoin because I know how really hard their situation in life.
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Board Off-topic
Re: What are some disadvantages of BTC?
by
kshmrcrs
on 31/01/2018, 10:21:29 UTC
Bitcoin is relatively new and most of its features are incomplete. Most don’t understand it’s value, so you’re still requiring a niche to use Bitcoin, malware can affect your wallet and to use bitcoin, you will always need a good quality of internet to make sure all is well while using btc.
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Board Bitcoin Discussion
Re: Why use Bitcoins ?
by
kshmrcrs
on 30/01/2018, 05:41:46 UTC
For a student like me, bitcoin is the only good investment I can do. I know in the near future, it will increase its value. Bitcoin was originally created as an alternative, decentralized payment method. Unlike international bank transfers at the time, it was low-cost and almost instantaneous. Also, a number of large and small retailers accept the cryptocurrency as a form of payment, although reports suggest that demand for this function is not high.
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Board Bitcoin Discussion
Re: Bitcoin can be hacked?
by
kshmrcrs
on 27/01/2018, 15:19:26 UTC
Bitcoin itself is almost impossible to hack as the blockchain technology that forms the basis of the currency is constantly under review by other Bitcoin users. Having your transaction linked to both an email and a cell phone number sounds great right? Well, that’s where the issue lies. Hackers understand that the human element is the most vulnerable, so they use snooping tactics to find out the cell phone number that is associated with a Bitcoin exchange account. Unfortunately for users, it’s not only cell phone numbers that are easy to hack, home PCs are also targeted by hackers looking to make some easy money.
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Board Bitcoin Discussion
Re: Will bitcoin end?
by
kshmrcrs
on 26/01/2018, 12:09:45 UTC
Stripe said that customers aren’t using bitcoin as a method of payment as often anymore. The company plans to slowly end support with the cutoff point being April 23rd. Since earlier this month, the price of bitcoin has begun to fall incrementally, despite some peaks over time. At the time of writing, bitcoin is now worth $10,939.41, although it hit $17,000 on January 6th, according to Coin Desk. But I think, if there will be more consumer or will believe in bitcoin, it will started over again.
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Board Bitcoin Discussion
Re: Why aren't there more women in Bitcoin?
by
kshmrcrs
on 25/01/2018, 12:04:41 UTC
Maybe women are used to be in social media, browse gossip things, new hip and if they once knew about bitcoin they will just find it boring or waste of time. But men usually responsive when it comes to technology or new ideas about technology. We will try it until we get what we want to achieve.