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Showing 5 of 5 results by powtela
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Board Bitcoin Discussion
Re: What does bitcoin need to improve?
by
powtela
on 12/06/2018, 06:29:50 UTC
I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
Bitcoin is very good, but there are some things that need to be improved. For example, the transfer system should be more quickly
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Topic
Board Bitcoin Discussion
Re: Do you think digital currency will ever replace paper money?
by
powtela
on 15/04/2018, 03:31:53 UTC
Personally I say yes as our society becomes increasingly dependent upon technology, digital currency will become a more popular means of paying for different things and it is more effective and instant. I haven't used much physical money in the past 8 years and I rarely had any problems with that.

What do you guys think? Wink

I think digital currency can replace paper money also can not replace paper money.
1. Can replace paper money
    digital currency can replace
     banknotes if all people in a country have used a digital currency to transact. In addition there are regulations from the government to use digital currency.
     If there is no government regulation then the digital currency can not replace the banknotes because it includes government policy in a country
2. Can not replace paper money
    digital currencies can not replace paper money if people do not want to use digital currencies and governments in a country do not deign to provide
     regulations on digital currency
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Topic
Board Bitcoin Discussion
Re: Why Bitcoin Still a Good investment?
by
powtela
on 15/04/2018, 02:30:50 UTC
Here is a 3 Reason why Bitcoin is still good for Investment.

1. Bitcoin is Better Investment now  than it was in December
 the Main Reason for this is the Technology Around bitcoin is improving. A lot of the Naysayers were Attacking the fact that Bitcoin has scalability issues
saying that Bitcoin is Expensive and it can never be in world Scale.
But now with the Lightning Network we can do a transaction Off the Blockchain "it Means Bitcoin is Officially Off the Chain".

2.Because It has A Regulations
Regulations are good to Bitcoin.

3. There are more Places than ever to buy Bitcoin in using Fiat Cash
Robin Hood, a stock trading Platform.

Source: EBIT NEWS


By the Tradition media mentioning Cryptocurrencies Everyday
Makes me believe that Bitcoin is going to continue to rise even though we are still on the Deep .

At this time already many people who know bitcoin and even invest bitcoin. Bitcoin investment is very good for us because bitcoin is profitable. A study conducted by the cryptocurrency exchange agency, London Block Exchange, revealed that five percent of people under the age of 35 had already invested in bitcoin. Whereas, the other 11 percent are likely to opt for bitcoin investments the following year, compared to conventional investments such as stocks, property, and bonds.
In addition, consistent bitcoin exchange rates continue to increase so they can be profitable. Bitcoin also has good rules so that fraudulent activity is rare
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Topic
Board Bitcoin Discussion
Re: I am new to Bitcoin, how can I get started?
by
powtela
on 14/04/2018, 13:59:22 UTC
Hey, as you know already from the title, I'm new to Bitcoin, I would like you to help me by telling, where to buy, when to buy, where to sell, when to sell, things like that.
Important: I'm 17 years old, some methods may not work if I don't have 18, and that's what I have noticed.
I hope you can help me get started.  Wink

Edit: Thank you guys, your information is helping a lot, I already have a wallet, feel free to help me Smiley 1KnWzEdJgAmE3rB3Xax8sDfydnikguxrhh
For beginners or new to know bitcoin should be a lot of reading and learning about bitcoin because if you do not want to read and learn we will be difficult to find out. The activity of selling or buying is probably one of the activities done in bitcoin ie trading. Of course to play bitcoin trading, you must deposit first. We buy bitcoin if its price is down and can sell it when bitcoin price rises in indodax. From the difference between the sale and purchase price can be profitable. For more details about bitcoin information can read web http://www.roadkom.com/2017/03/guide-bitcoin-to-pemula-dari.html?m=1
May be useful.
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Topic
Board Bitcoin Discussion
Re: Help me in understanding bitcoins
by
powtela
on 13/04/2018, 15:00:05 UTC
Hey Guys,

Can you help me in understanding bitcoins , the ecosystem , origin and how it really works. I tried to find them but information is available in bits and pieces so looking forward for your help in it.

Thanks,
Gaurav
Bitcoin is one of cryptocurrency which is basically a digital currency.
This currency of form and storage is digital. The inventor of Bitcoin for the first time was Satoshi Nakamoto from the United States.
in the bitcoin ecosystem there are user, miner, exchange, and merchant.
Bitcoin consists of three parts: block chain, mining network, and wallet. In order to understand how Bitcoin works, we must understand how each part works.