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Showing 20 of 20 results by nathanbryce
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Topic
Board Tokens (Altcoins)
Re: [ANN][ICO][OMX] Project SHIVOM - Bringing Healthcare on Blockchain
by
nathanbryce
on 29/03/2018, 13:19:35 UTC
Experienced team. The best part is we'll be able to make money from our DNA. Keep it up.
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Topic
Board Politics & Society
Re: Hypnosis
by
nathanbryce
on 28/01/2018, 07:46:20 UTC
Do these hypnosis tapes ever work?
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Topic
Board Bitcoin Discussion
Re: Will Bitcoin be too big to fail?
by
nathanbryce
on 28/01/2018, 07:26:31 UTC
This statement may not be true. With ethereum playing in the pool of currencies and having some of the advantages such as low transaction cost and time, it may just take over bitcoin sometime in the future.
The entire darkweb accepts and bitcoin payments and they've started accepting ethereum as well. Which is a good step in ethereum's evolution.
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Board India
Re: DUMP KOINEX IMMEDIATELY BEFORE ITS TOO LATE
by
nathanbryce
on 27/01/2018, 11:59:02 UTC
I've been having problems with koinex since november. Their customer support is the worst. I mean the grocery store near my house has a better response when it comes to replying to customer support. Leave it before it's too late.
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Board India
Re: When and how you started with Bitcoins ?
by
nathanbryce
on 27/01/2018, 11:53:32 UTC
Bitcoin gained a lot of popularity in the year 2017 and a lot of people started to invest in Bitcoins. I made my first investment in December 2017 and sold after 15 days. I was able to make 405 profit in those 15 days and it was awesome. My question is how and when you started investing in Bitcoins in India ?

Started by buying bitcoins from Unocoin(since it has the lowest transaction fees anywhere). I started in November and i've been earning quite good money since then.
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Topic
Board India
Re: I new to Bitcoin.
by
nathanbryce
on 27/01/2018, 11:50:04 UTC
What should I do to earn bitcoin easily?
Welcome to bitcoin community

You can offer the services related to your skills and ask payment in Bitcoins.

If you have some money to invest, you can buy bitcoin and let it grow over time.
For buying guide check here.

You can also earn free Bitcoins through faucets though the amount will be very small, join many faucets to increase earning, a lot of faucets are scam so please check before registering in any one of them if they are authentic or not.

E.g of faucets- Freebitco, join here.

Hope it helps Wink Wink
Do not go for faucet stuff just because then give some satoshi,its just waste of your time.if you are good at coding skills then you can easily earn money as their plenty of working stuff here but if you are not then join some bounty campaign to earn money but before increasing your rank to at least jr member. Or you can do both coding and campaign promotion stuff,extra money is always good.


@prashant
What kind of coding are you talking about? Kindly send a personal message if possible. Thank You
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Topic
Board Politics & Society
Re: Is religion necessary for humans?
by
nathanbryce
on 07/01/2018, 12:10:47 UTC
I won't say particularly 'religion' is important. People need someone or something to believe in. Mark Zuckerberg is an atheist. Still he is a human.
Not only him, many of the researchers around the world don't believe in the existence of god, leave aside the religion. They believe in the work they are doing. They believe it is their duty to bring something new to the world.
So i would say whatever you do in your life, just BELIEVE in it. Good day. Smiley Smiley
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Board Bitcoin Discussion
Re: If all government ban bitcoin usage and bitcoin trade
by
nathanbryce
on 05/01/2018, 13:01:30 UTC
To ban the trade of bitcoin would mean to ban the trade of bitcoins into a fiat currency of the native country. That won't be a problem as people of that country would still be able to buy bitcoin and trade it for other cryptocurrencies.
Banning the entire trade of bitcoins would mean to shut down the internet which is totally impossible.
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Board Bitcoin Discussion
Re: WTF is Bitcoin?
by
nathanbryce
on 26/12/2017, 11:15:29 UTC
Bitcoin is a form of virtual currency, created in 2009 by an unknown person using the alias Satoshi Nakamoto.
With Bitcoin  you can buy goods or services using this currency as you would with dollars or euros, as long as the seller accepts bitcoins.
Bitcoins are used for electronic purchases and transfers. Every single purchase is immediately logged digitally on a transaction log that tracks the time of purchase and who owns how many bitcoins. This way every transaction is 100% transparent giving more safety to the whole process.
But will people know how much I am spending and on what? No, sir. Each transaction is recorded in the public log, and the names of buyers and sellers are never revealed – only their wallet IDs, keeping the transactions private.
Bitcoins are growing in popularity and there is a positive trend of businesses accepting Bitcoin as a form of payment. Many big companies like WordPress,Bedding, Furniture, Electronics, Jewelry, Clothing & more, and Reddit accept Bitcoin. More than $1.5 billion worth of bitcoins are currently in circulation around the world, with millions of transactions occurring daily.
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Topic
Board Bitcoin Discussion
Re: Bitcoin transaction cost is too high
by
nathanbryce
on 26/12/2017, 10:51:28 UTC
The transaction fee is received by the bitcoin miner. When a new bitcoin block is generated with a successful hash, the information for all of the transactions is included with the block and all transaction fees are collected by that miner creating the block, who is free to assign those fees to himself. Traditionally, the sender pays the full Bitcoin network fee; deducting the fee from the amount received by the recipient will often be considered an incomplete payment, although some wallets have a "sender-pays-fee" feature where the miner fee is deduced from send amount.

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Board Bitcoin Discussion
Re: Do Banks fear cryptocurrency
by
nathanbryce
on 26/12/2017, 10:01:33 UTC
They're not scared. There's just not any real threat just yet. Environmental factors such as political and regulatory support, widespread social buy-in necessary to create network effects, and even a proper technological base are still very much in the banks' favor. Real adoption of a crypto-currency based payment system for example is only realistic if the banks build that system themselves. There's no incentive to cannibalize their existing business though. Not at the moment anyway.

They're definitely not clueless either. All of the big banks have published studies on the topic. Some of the analysis seems a bit crazy (UBS's paper from April 2014 was done by their equities department and seems delusional) but most of it is thorough  nevertheless.
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Topic
Board Bitcoin Discussion
Re: So why is the price of bitcoin going up so crazy?
by
nathanbryce
on 25/12/2017, 06:14:17 UTC
It will go up for while since the amount of BTC is limited by the creater. Then there won't be mining only trading and sharing. So it will be in stable state after that. Within that time other altcoins will rise.. Ethereum is already rising and will cross BTC sooner.
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Board Bitcoin Discussion
Re: Bitcoin and me (Hal Finney)
by
nathanbryce
on 25/12/2017, 06:04:44 UTC
He was an early Bitcoin user and received the first bitcoin transaction from Bitcoin's creator Satoshi Nakamoto. Finney lived in the same town for 10 years that Dorian Satoshi Nakamoto lived, adding to speculation that he may have been Bitcoin's creator. Finney denied that he was Satoshi Nakamoto.

In March 2013, Finney posted on a Bitcoin forum BitcoinTalk that he was essentially paralyzed, but continued to program. He continued to program until his death; he was working on experimental software called bcflick, which uses Trusted Computing to strengthen Bitcoin wallets.

During the last year of his life, the Finneys received anonymous calls demanding an extortion fee of 1,000 bitcoin. They became victims of swatting — a hoax "where the perpetrator calls up emergency dispatch using a spoofed telephone number and pretends to have committed a heinous crime in the hopes of provoking an armed police response to the victim’s home"
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Board Bitcoin Discussion
Re: If i send my bitcoins to a wrong address, what happens?
by
nathanbryce
on 25/12/2017, 05:52:33 UTC
It's difficult to accidentally send bitcoins to an invalid address because there is a 4-byte checksum in every address. If you make a typo, the checksum won't be valid and any transaction sending bitcoins to such an address will be rejected by the network.
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Board Bitcoin Discussion
Re: Safest way to keep bitcoins?
by
nathanbryce
on 25/12/2017, 05:41:17 UTC
A paper wallet is also a relatively safe way of storing Bitcoin, although it requires a bit more advanced understanding of how digital currencies work. Generate a paper wallet online using any number of dedicated websites, or generate the wallet offline for even greater security
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Board Bitcoin Discussion
Re: will people lose intrest?
by
nathanbryce
on 25/12/2017, 05:34:17 UTC
Of course. My worry about Bitcoin is it has lost its original purpose: An internet micropayment system. The ability to send a couple bucks of bitcoin is pretty much over. So now it quite literally is crypto gold. I personally find that ‘boring’ in some sense and I am far more interested in extensible blockchains like Ethereum or Waves. Especially Waves. Waves is far easier to use than Ethereum and has, so far, managed to avoid all the growing pains of Ethereum. As long as there are fiat currencies going through hyperinflation Bitcoin will stay strong though. It is now a collective wealth bank.
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Board Bitcoin Discussion
Re: Too late for Bitcoin?
by
nathanbryce
on 24/12/2017, 10:13:43 UTC
It’s definitely not too late to purchase Bitcoin. Everybody thought they were too late at $100, $500, $1000, $5000, $10,000, and now almost $20,000.

Bitcoin is only owned by less than 5 million people worldwide and still has tremendous growth potential.

The futures trading is coming on December 18th and will help this market begin to mature and many expect it to cause a significant rise in price of Bitcoin.

Nobody knows the answer for sure but it’s worth researching and getting into with a small amount of money that you can afford to lose.

Additionally, there are over 1,000 “Altcoins” that are just starting to get moreany. popular. For example we saw Cardano rise by over 600% just this week and this is only one of m

These Altcoins will continue to rise as more and more people catch on and if you can get in now you will see very large gains on your investment.

Of course it’s important to always do your own research and only invest in companies/coins that you believe in and HODL them. (HODL means to Hold on for dear life)

I would highly recommend start watching youtube videos, reading reddit, and joining facebook groups to begin learning as much as possibly about crypto as there is a lot to learn and you could lose a lot of money without proper knowledge.

If you are interested in joining a facebook group that I just started for cryptocurrency investors you are more than welcome to join.

I am trying to create a community of like-minded people that are passionate about investing in crypto and will be made up of both new investors and long-term professionals.
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Topic
Board Bitcoin Discussion
Re: Bitcoin bubble
by
nathanbryce
on 24/12/2017, 10:05:51 UTC
When you say it’s a bubble, you’re looking at a ‘currency’ and comparing it to another ‘currency’. This time one is a crypto currency and the other is a fiat currency.

If you measure everything in dollar terms only, you’d probably think that it’s in a bubble. But if you ask someone from a highly inflationary country or just any other country - they’d say, to heck with it - I’m buying more!

Now, if I had a crystal ball and told you that Bitcoin (BTC) would reach US$ 500,000 or US$ 1 million - would you buy today??

If you stop thinking in terms of one currency against the other, and start thinking in terms of purchasing power - your perspective will change.
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Topic
Board Bitcoin Discussion
Re: How long bitcoin will survive ?
by
nathanbryce
on 24/12/2017, 09:57:17 UTC
At the rate Bitcoin and the surrounding community is growing, it looks to be everlasting. Blockchain technology is unbelievably powerful, and everyone everywhere is beginning to integrate it.
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Topic
Board Legal
Re: What If Govt makes BTC legal in India?
by
nathanbryce
on 23/12/2017, 12:19:14 UTC
The Indian government is debating this topic for 2 months now. A country can only make the exchange of a bitcoin illegal. Because cryptocurrency can't be traced and is protected by blockchain, these transactions are secured.

What is meant by "banning a CURRENCY"?
It actually means that the government will not consider it as a legal tender for exchanges. But we can still exchange it where it is a viable option.

Effect of legalizing

If the Indian government makes bitcoin legal, there will be a huge impact on the value of bitcoin. It's a game of demand. When a certain phenomenon is acknowledged by the government, the trust for that phenomenon in the citizens increases. This increases in trust will lead to increase in demand and hence a shooting increase in value.

And why did I say "shooting" increase?
With the building of trust and increase in demand and hence value, people will start demanding it more. And hence a cycle of increase in demand and value will form. The only difference in each circle will be its size. Due to its large population and booming IT sector, more and more people will be getting involved. This can increase the value of bitcoin to new and unimaginable heights.