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Showing 9 of 9 results by mybtc1234
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Board Altcoin Discussion
Re: The effect of altcoin on bitcoin?
by
mybtc1234
on 23/05/2018, 05:54:14 UTC
Bitcoin’s price movement generally affects altcoin prices. The relationship isn’t always predictable, but there are some common trends.
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Topic
Board Bitcoin Discussion
Re: Bitcoin SCAM!
by
mybtc1234
on 23/05/2018, 05:46:40 UTC
Bitcoin is not a scam. it helps a lot of people especially in developing countries.
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Topic
Board Bitcoin Discussion
Re: Ways to improve Bitcoin Community
by
mybtc1234
on 23/05/2018, 05:37:14 UTC
When Bitcoin first appeared, many people talked about it in IRCs, mailing lists and forums like Bitcointalk.org. These online meetups were often where people first heard about digital money in the early days. Satoshi Nakamoto used these forums to spread the first adoption and discuss how to manage the network. These social media hotspots became the first breeding grounds for Bitcoin. We must helped to market bitcoin.
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Topic
Board Bitcoin Discussion
Re: How do people get their bitcoins?
by
mybtc1234
on 23/05/2018, 05:26:20 UTC
Some, they got it from faucets or buying. On the other hand, they also pay with bitcoin as freelancers.
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Topic
Board Bitcoin Discussion
Re: Ways to improve Bitcoin Community
by
mybtc1234
on 23/05/2018, 05:17:08 UTC
With good public relations, the bitcoin community can significantly improve the reputation of the virtual currency and attract new users. And bitcoin needs fresh users, because if demand drops off, so does the price, and no one wants another massive decline in value.
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Topic
Board Off-topic
Re: Bitcoin & College students .
by
mybtc1234
on 23/05/2018, 05:10:08 UTC
Quote from: Jimrch on May 23, 2018, 04:52:49 AM
Among bitcoin users, I believe the largest percentage of this was from college level community. In fact, a college level cousin of mine is the one who introduced me with bitcoin. College students nowadays are those people who were very persistent in fiding alternative ways on how they can earn money while studying, not just relying on their parents for their allowances. Lucky them that their generation is the time when bitcoin was very popular which also comes with the very hightech internet system.

More than 20 percent of college students use their financial aid money to invest in cryptocurrencies, according to new findings by The Student Loan Report, a website for student loan information.
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Topic
Board Bitcoin Discussion
Re: Who is Satoshi Nakamoto?
by
mybtc1234
on 23/05/2018, 04:50:56 UTC
Satoshi Nakamoto is the name used by the unknown person or people who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation. As part of the implementation, they also devised the first blockchain database. In the process they were the first to solve the double-spending problem for digital currency using a peer-to-peer network. They were active in the development of bitcoin up until December 2010.
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Board Speculation
Re: Bitcoin current situation
by
mybtc1234
on 23/05/2018, 03:36:13 UTC
Quote from: somebadger on May 22, 2018, 10:36:17 PM
well, the current situation is not bad for me, bitcoin is more stable than before and i think that we all know that, there is nothing to be worried about after all. I think that all those downsides are just to prepare ourselves for the next pump

The value of bitcoin has seen relatively significant losses over the last week, following a period of relative stability hovering above $7,000.
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Topic
Board Bitcoin Discussion
Re: Why many banks hate cryptocurrency ?
by
mybtc1234
on 22/05/2018, 11:17:56 UTC
Quote from: boakyei on May 19, 2018, 10:00:08 AM
Bitcoins will replace them and take away their clients, because it is clear that the freedom and the advantages of bitcoins is far better than holding your finance with the banks. This fear is the reason banks don't want to adopt it as part of their services.

This true. Banks are fear on crypto currency.