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Showing 13 of 13 results by lagracia
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Board Bitcoin Discussion
Re: Can Blockchain Survive Without Bitcoin
by
lagracia
on 21/06/2018, 15:35:22 UTC


Blockchain Technology was driven to fame by its application on Bitcoin Gold due to its encryption that has been considered hacker proof. Bitcoin has been used as a reference to its success, providing a secure network for users.

The question however is, can blockchain succeed without bitcoin?

I still have a limited ideas about bitcoin but still I can consider Blockchain as a succesfull system without bitcoin, surely there are still a lot of alternative coins arising. Correct me if I'm wrong, I think as long as there are transactions on cryptocurrencies blockchain can stand still.
Post
Topic
Board Bitcoin Discussion
Re: Why is Bitcoin difficult to understand?
by
lagracia
on 21/06/2018, 15:03:39 UTC
Its not that difficult. bitcoin is plain and simple.

Bitcoin is the name of the token created under his block - chain

Block - chain is the name of the technology used to store transaction data of all bitcoin tokens.

In short, block-chain is an online ledger of transactions accessible for all people. It is irreversible.


This blockchain is confusing me until I read this. Somehow this explained clearly enough for me, I think bitcoin talk is most likely to be understandable through this kind of explanations, less complex words could make it more easy to understand.
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Topic
Board Beginners & Help
Re: Recommendations for newbies
by
lagracia
on 19/06/2018, 16:09:16 UTC
Welcome to the family!
I think do not focus too much on the trading part first, you should understand why bitcoin and other altcoins are existing, on a what purpose and reason people are willing for trade for any particular coin, how new coins are born. There are an array of new and interesting things for you to explore more about cryptocurrencies and blockchain. Read News about crypto everyday while right now there are already many existing apps/websites mainly focus on cryptocurrencies field. Other than the value of the coin but the regulations are also fluctuating everyday. Search for more when you encounter any terms you had never seen or do not understand. This is the way for efficient learning!
Do not hesitate and give up:)

I am currently doing research about cryptocurrencies, altcoins, blockchain and such, and actually the terms are totally confusing. I also tried looking for trading and investments cause that's what I heard the most, as much I wanna join and reply to the threads, it won't make me cause I don't really know the terms. Reading this I guess I'm on the right track.
Post
Topic
Board Beginners & Help
Re: Recommendations for newbies
by
lagracia
on 19/06/2018, 15:58:40 UTC
I am trying to do some more research.
For your interest:
[Tips] Guide for forum search
I believe the above topic will help you using search function of the BTT forum more efficiently.

Upon scrolling I think this is one is much easier, I usually do research on google itself not doing this one. I think this is more convenient, this is a big help. Thanks anyway
Post
Topic
Board Beginners & Help
Re: Recommendations for newbies
by
lagracia
on 19/06/2018, 15:52:18 UTC
For gaining knowledge you can read this article
https://www.coindesk.com/information/what-is-bitcoin/

For trading ,I can't suggest anything , because price of BITCOIN is very volatile and unpredictable.
It's price totally depends on demand of BITCOIN.

I suggest only  "Don't hurry in investment and Don't panic at the time of market crash "!


Very well thanks, since you've mentioned about investment I heard a lot from my friends that If I'm not into this posting thing here, I can maybe invest which is something that interests me, cause it's kinda easy to understand and do, but then maybe I need to dig more informations on what to do first.
Post
Topic
Board Beginners & Help
Re: Recommendations for newbies
by
lagracia
on 19/06/2018, 01:40:09 UTC
Recommendation for what purpose ? Knowledge gain ? Investment ? Trade ?

I think for now is to gain knowledge, trading and such are more easy to learn after gaining knowledge. I'm having a hard time what to read, bitcoin has a very wide range I think, maybe you can also suggest something which is best for us beginners.
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Topic
Board Beginners & Help
Recommendations for newbies
by
lagracia
on 19/06/2018, 00:01:48 UTC
Basically, what are the common things we need to learn first about Bitcoins, aside from the terms and guides? or maybe what can you recommend for newbies who's naturally has zero knowledge about bitcoins. I have read about Cryptocurrency and honestly, it's not that easy to understand at first but I am trying to do some more research.
Post
Topic
Board Economics
Re: Does the Price of Bitcoin Matter?
by
lagracia
on 08/10/2017, 23:36:25 UTC
If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.

This says a lot. As many people look at it as currency, the price is too mainstream. And as I can see many people also invest in bitcoin, so the price is extremely important. I believe many people was attracted to bitcoin due to its increasing price, (it varies and depends tho). We don't know in the future but when bitcoin's price failed I think there are people who'll surely quit.
Post
Topic
Board Bitcoin Discussion
Re: Difference between Bitcoin and real money?
by
lagracia
on 06/10/2017, 11:10:52 UTC
From what I've read, money is simply described as our medium of exchange it is what we used everyday to buy everything we need and it is widely accepted, while Bitcoin is a type of money but it is not widely accepted, it can also used to pay or buy but for online businesses only or maybe, where it is widely accepted. We can keep bitcoins, we can also acquire them and they are still worth                  as they used to be, bitcoins can be converted and can be bigger as it should be.
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Topic
Board Economics
Re: Where did you first heard about Bitcoins?
by
lagracia
on 03/10/2017, 23:48:46 UTC
I don't know more about bitcoins but I am already reading more about it. I heard it first 2 years ago from my schoolmates who knew about programming, they say bitcoins is type of monetary system which can be converted and exhanged to dollars and alike. It can also be fit with underground web.
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
lagracia
on 03/10/2017, 23:36:29 UTC
Anything that is being used as a medium of exchange is money. Bitcoin, like gold, is money.

Can we use bitcoin as mode of payment? Can we use bitcoin for paying bills? I have read some of threads here talking about wallet, coins.ph and alike, can we use them to pay or make transactions?
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Topic
Board Pilipinas
Re: Newbie Welcome Thread
by
lagracia
on 02/10/2017, 12:23:35 UTC
hello everyone! newbie pa rin ako kaya pasok pa din ako sa thread na to. first account ko to, ah actually second na. yung una 'unable daw to post' 'banned daw yung ip ko. meron daw evil something yun hihi, bayad daw muna ko ng satoshi.. nasa piso lang naman kaya nag send ako, pero hanggang ngaun unable pa rin.  smartbo stick yung ginamit ko dati. So nag globe ako, kaya eto na ko hihi...  Smiley



Welcome dito sa forum! Payo ko lang sayo kung ayaw mo ma banned yun is huwag kang gumawa ng kahit anong short post or shit post, kasi strikto talaga ang quality post dito.

Pano ba masasabi na shit post yung post mo? Actually pangalawang account ko na sa bitcoin to, ngayon tuloy di ko na alam kung saang threads ako pwede magpost, or pano ko makakapag start, I can't find threads na makakapagpost talaga ko since I don't have any idea pa with regards to bitcoin, I don't have ideas to share sa ibang topics but I do read some basic terms about bitcoin.
Post
Topic
Board Meta
Any help or advise for newbies
by
lagracia
on 02/10/2017, 11:47:32 UTC
Hi, I started joining bitcoin month ago but my account has been banned for some reason, now I don't know where ro start and what to post. For now, I'm just reading some threads for newbies.