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Showing 20 of 196 results by pusa aso
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Board Economics
Re: the future real money
by
pusa aso
on 16/11/2018, 06:24:57 UTC
[bif i see lately there are lots of altcoins popping up, especially in the digital world and whether for the next few years the function of real money itself will be eroded by the presence of virtual payment equipment ...? I had time to think whether in the next few years we would be making virtual money payments ...?[/b]
of course abundance of virtual........... specially the money is good because is helpful and
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Topic
Board Economics
Re: Everything you need to know about the Bitcoin
by
pusa aso
on 28/07/2018, 10:35:52 UTC
Spend a little bit of time on the Internet and sitting here on the forum I can write a brief instruction on Bitcoin

The starting price of bitcoin, set in 2010, was less than one cent. On November 29, 2017, he crossed the mark of $ 11,000. The rapid rise in prices for it can be a soap bubble. Or the financial community's recognition that so-called cybercurrencies, digital forms of money, are beginning to gain momentum. It's time to determine what a bitcoin is and why it has become so popular.

1. What is a bitcoin?
It is a form of money that is unique in that it can not be held in hand. Most stores do not recognize it. It is not released or supported by the government. By its principle, bitcoin and its analogues are a set of program protocols for creating digital assets and for tracking transactions in a way that complicates the forgery or reuse of these notes. Bitcoin has value only when its users recognize and use it.

2. Where did the bitcoin system come from?
The initial software was released in 2008 by a person or a group of people who use the nickname of Satoshi Nakamoto. Several attempts were made to uncover a real person or group under this name, but none of them succeeded. Internet games have long been using virtual currency. The key idea of ​​the bitcoin is blockade - a publicly accessible, mostly anonymous online account that records bitcoin transactions.

3. How does it work?
Remember what happens when you make an online bank transfer. He checks if you need the money, calculates the amount from one place of a huge database on which the data of the accounts and their balances are stored, and counts them in another. You can see the result by going to your account, but the transaction is under control of the bank. You trust the bank to withdraw the required amount of money, and the bank, in turn, monitors that you will not be able to spend this money again. Blokchain is a database that performs these tracking functions, but without a bank or other central authority.

4. Who can create a cryptology (become a Miner)?
Everyone who has very high-speed computers, lots of electricity and a desire to solve puzzles. Transaction data in each data packet is encrypted by a formula that can be unlocked only by an incredible number of attempts and errors. The operators set up large-scale computing power for work and compete for those who first solve the cipher. If the maze's response is confirmed by others, the data is added to the chain of data blocks, and the maemer receives a newly created bitcoin.

5. How does the system prevent fraud?
Since each block contains data associated with the previous blocks, an attempt to spend the same bitcoin twice will mean the view of many links in the chain. In addition, by competing among themselves, the operators check each other's work.

6. Was the bitcoin used by drug traffickers?
So, when his initial goal was a certain anonymity. It has been used and continues to be used by sites that sell everything from weapons to drugs. In 2013, federal agents found and closed an anonymous e-commerce store with a turnover of $ 1.2 billion - Silk Road (Silk Road). However, soon his place was occupied by others. Joseph Stiglitz, winner of the Nobel Prize for Economics, recently said that bitcoin should be banned because it was designed to avoid regulation and "does not perform any socially useful function."

7. What has changed?
The bitcoin's reputation improved in part because of the fact that fewer large-scale thefts were recorded. And many technological and financial firms were interested in the blockade as an idea separate from the bitcoin.

8. What are the benefits of BlockChein?
Enthusiasts see it as a new way of doing business. Costs may be lower because there is no centralized agent that processes transactions tracking and charges. Banks and stock exchanges have invested heavily in the development of blockade technology, while retailers, such as Wolff, are experimenting with the use of blockers to ensure food safety. Central banks are even thinking about issuing official currency based on blockades. There were other forms of blockade, which often use their own cryptographic currencies to facilitate transactions. The most famous is Efirium, which is sometimes called the platform for so-called smart contracts.

9. What is the rise in the price of bitcoin?
New investors and expectations of other stakeholders, raised this year's price bitcoin by about 11 times. CME Group and other exchanges are planning to offer bitcoin futures contracts that can potentially expand the benefits of bitcoin. The fact that Bitcoin software guarantees its limited supply has given some investors fears about its loss. Coinbase bitcoin traffic has been overloaded two or three times on November 29, 2017, when new users were registered. New hedge funds are opened every week, targeting cryptology. Their number has already exceeded 100. Most of them invest part of their money in bitcoin.

10. Is this a bubble?
Maybe. Some people, especially James Damon, Chief Executive Officer of JPMorgan Chase, call bitcoin "fraud." However, its own bank holding is considering the possibility of providing customers with bitcoin futures. Billionaire Mike Novograts calls cryptology "the biggest bubble of our time," and at the same time launches a $ 500 million fund to invest in it.




yes because bitcoin is very very important and you will get deep information of bitcoin transaction......... and bitcoin  is useful your such a big heart because you want to help many people
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Topic
Board Economics
Re: Bitcoin can be useful for a troubled economy
by
pusa aso
on 27/07/2018, 11:21:38 UTC
Goldman Sachs: Bitcoin can be useful for a troubled economy

According to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy.

 Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.

Goldman Sachs experts: crypto-currencies can help the troubled economy


i think yes Because bitcoin useful...........bitcoin can buy happy because not only they are using bitcoin but also they are investing bitcoin can
 they said bitcoin really be use trouble economy .
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Topic
Board Economics
Re: Why people are still buying BTC?
by
pusa aso
on 26/07/2018, 11:48:11 UTC
Hello guys,

To me, it seems pretty strange that people actually continues buying btc now...
I understood why they wanted to invest in btc before, after the Chyprus crisis, and all the articles in the media. But now?

I don't get it.


Bitcoin is useless, and will most likely never be used as a currency. I spent hours trying to get my first bitcoins (satoshi actually), and after working for ages, I only got 0.002 btc, which does not even allow me to proceed to a transaction (the fees are higherthan that amount  Roll Eyes ). When you compare it with CC or paypal, it seems that they are free to use in comparison! Not to mention the time required to actually proceed to a transaction which can be anything between 1 minute and ... 1 year (or more?).

The only possible reason I see people are buying btc is that they (truly) believe that the price will increase, and want to make more profit. I think that 99.99 % of the bitcoins exchanged are never withdrawn from the exchangers, and the people are only waiting to make some profits. What makes them believe that the price will rise? Because the amount of bitcoins is limited? Because lost coins can never be recovered? I have no clue.


An other problem is the "mining" part. Soon, the difficulty will increase, CPU and GPU mining will be useless. People will stop mining bitcoins and try LTC or something easy to get... The interest in btc will decrease.


Other issues:
- security. Not a single company was able to provide a "professional" service. Bitcoin-24 has a serious problem ( https://bitcointalk.org/index.php?topic=174600.0 ). Even mtgox was critized for the lags, problems with missing coins, money, delay, and so on ... The hacks are countless (you can see new topics about that every day ...).


I can't see anything positive about btc, and still can't get why people are buying it. Can any captain obvious explains? Thanks.
I don't know that until now there are a lot of people who are very interested in bitcoin even they know that bitcoin now is very low,but what i think is they know that this coming month the price of bitcoin will go higher and higher so they can sell there bitcoin for a verygood price they want.
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Topic
Board Bitcoin Discussion
Re: Is it too late to invest in bitcoin? Is it a bubble?
by
pusa aso
on 26/07/2018, 11:44:23 UTC
The answer is: NO

You’re not the only one who has this feeling. As someone who got into cryptocurrencies 2.5 years ago (It also seemed too late back then), I think you shouldn't spend your timing regretting on opportunities you missed.

Instead, you should make your first step ASAP and learn by getting involved.



 What should you do?

 
Stay tuned - Read a lot about the different cryptocurrencies and try to catch up with the latest news.

 
Know where you are at - Try to understand how this market works and the main technology behind it Understand the Blockchain in Two Minutes

 
Trust yourself - 90% of what you read on the internet is bullshit, follow your instincts.

 
Learn the basics of technical analysis  Crypto Investor's Guides - CryptoPotato

 

I hope it helps,
GuerrillaBuzz
NO....it's not nobody is too late to invest in bitcoin now,we all know that bitcoin price is just like a roller coaster so,if we have a patience we should wait for our turn in waiting for the good price we have now.don't loose hope.
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Topic
Board Speculation
Re: I DON'T CARE IF BTC DECREASES IN PRICE NOW
by
pusa aso
on 26/07/2018, 11:40:40 UTC
I have seen that most people investing now in BTC are afraid of loosing some amount of money when the price declines. I have monitored so many post and I have seen that in their post that's they mean but they wont voice it out because they know people might condemn them. I have sat down and realise that no matter how BTC decreases in price I have nothing to loose and I don't care about it because for the past months I joined this forum  have seen much teachings and education from the crypto enthusiast. I now know BTC can do miracles just in a second or twinkle of an eye Smiley. What do you think guys? Do you agree with me? Your comments and suggestions are welcomed.
If you are really a bitcoin lover you don't care if bitcoin price will decrease now because we all know that this coming few days the price of bitcoin will be higher as the mountains or it is just like in the sky.
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Topic
Board Speculation
Re: Bitcoin future from now to December
by
pusa aso
on 23/06/2018, 12:47:25 UTC
Everything you need to know about the currently tanking crypto market in one image. June 29 bitcoin futures expire next Friday, which originally went on sale Dec 15 (at the height of BTC price mania). Delta between expected price then & suppressed price now = whale profits.

Remember how invincible bitcoin seemed in December? For every long investor back then who FOMO'd into a high-priced June 2018 BTC futures contract, someone with deep pockets on the other side of the trade is incredibly incentivized to see that price tank as much as possible...

Good news is, this June 29 date is the farthest out you could buy futures contracts starting in December, and by the time later dates opened up, BTC markets had already lost steam. So whatever crater we hit at month's end is likely the bottom.
if we have a patience in life to wait for the good price then we can wait for the future starting now to december so guys don't loose hope for bitcoin because we have a future here.
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Board Speculation
Re: Patience is all we need
by
pusa aso
on 06/06/2018, 12:41:59 UTC
Actually, it is not very few number of noobs in cryptocurrency business that comprehend the level at which patience is required and important in the business. It may be a cliché, but there is truth behind the line “Patience is the virtue”, especially in business. Running a business is not for the faint of heart, and not for the impatient either. Even if you have a great product or service, great process, and great employees, your business will require you to stay committed for the long-term. I got a few coins couple of weeks back, which I chose to hold while it was plunging however I continue holding with zero dread and just absolute patience. My advice to my colleagues is all you need is buy into coins with good potential like bitcoin and relax even while it’s at dip. Presently, i’m In over 30% profit in all.
i am not a robot for what is happening in our surroundings,we all know that bitcoin is very low now,but if we have a patience in life and wait for the change that i was need and we all need,we have to wait for it.just be patience everytime.
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Board Bitcoin Discussion
Re: Bitcoin is gold?
by
pusa aso
on 22/04/2018, 12:50:20 UTC
I watched a video telling that every paper currency in history all collapsed , and USD will collapse too, in future.

The time in which a currency collapses is when people don't believe in its value anymore. And obviously, when thought reversely, something becomes a currency when more and more people believe in its value.
And currency becomes money when they don't lose value between people regardless of time, like gold.

Do you believe btc could be in this position? BTC could become gold?
at this time bitcoin for me is gold,there is no such thing in this world could change the value of bitcoin now it is just like a mountain that it is very hard to climb,because the value of bitcoin is very nice that's why bitcoin is gold for me.
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Board Bitcoin Discussion
Re: If bitcoin owner die. It means bitcoin also lost forever?
by
pusa aso
on 22/04/2018, 12:44:55 UTC
I just got this question in my mind. What will happen if no one knows about the pasword of his/her acount will it posibly deduct to the main supply of bitcoin? Example bitcoin was 21million supply and one man got 1 million bitcoin he was holding and suddenly he died no one can open his wallet is it posible that the remaining 20 million bitcoin forever?
yes of course his or her bitcoin will last forever.but for me that is only a speculation,as of now we must be brave in our daily life if we have a 1 million bitcoin now we must talk to our sister or brother to be secret and we must tell them our account so that if something will happen to us then they should know what will be the next move.
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Board Bitcoin Discussion
Re: Can Bitcoin Ever Be Shutdown?
by
pusa aso
on 22/04/2018, 12:36:15 UTC
I was just wondering, what would it take for the Bitcoin Network to be shutdown completely?
there is a possibility that bitcoin will be shutdown if all of us will quit in bitcoin but if we are still here and supporting bitcoin then of course bitcoin will stay and it will never be shutdown.
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Board Bitcoin Discussion
Re: when is the right time to invest on bitcoin
by
pusa aso
on 17/04/2018, 11:56:39 UTC
hi would like to know when is the next price to invest on bitcoins ?

anyone can advise

thanks
this is not a simple question,but in my opinion there is no time to invest here in bitcoin if you want to invest it is any time you want but now the price of bitcoin is not good but it is better to invest now because later on the price of bitcoin will be higher so guys go...go..go.
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Board Bitcoin Discussion
Re: Are you a True Believer?
by
pusa aso
on 17/04/2018, 11:49:59 UTC
I see alot of people are holding Bitcoins and are convinced that their coins would multiply in value. The same people preach the Bitcoin ideology that its P2P,  decentralised, low to nil send or receive etc.

However, only a small group of people today are using Bitcoins as they were intended. And the fees are not exactly cheap to buy Bitcoins, not to mention those exchange places are basically like banks.

So my question is, are you a True believer of Bitcoins and other Cryptocurrencies that it will one day replace paper money, decentralised and all. Or are you only a believer that the price will continue to climb and you'll one day be a millionaire?

I simply find it fascinating that its apparent, people are preaching the benefits of Bitcoins but they are not using them. Preaching to newbies and drive up the demand and prices of the coins.
Rather, I would love to see people who really believe in Bitcoins, actually going out there and using the coins to purchase products, send/receive coins and let the coins circulate around. I would love to see that day. When the prices are not so volatile, and the coins are being used as they were intended. However, not being volatile also means the prices would rise sharply like it has been this year, which also means you wont be a millionaire holding onto them coins.

So are you a True Believer?



yes i am a true believer of bitcoin,even some are telling me that bitcoin will last this year well.. i don't believe on that news because i know that bitcoin will last just because of the people who believe in bitcoin like me.
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Board Bitcoin Discussion
Re: Why you Still believe in Bitcoin?
by
pusa aso
on 17/04/2018, 11:45:39 UTC
This is more secured stage contrasted with banks and it will return more benefit so every one of the people groups are drop the record in bank at that point join the crypto stage so it is additionally encouraging stage.  Wink Wink Wink

honestly! Bitcoin is exchange the whole way of existence. 
Bitcoin is an unfathomable length of time computerized cash so it will keep on crypto organize.  Roll Eyes Roll Eyes
So,
Bitcoin will never pass on anyway one plausibility is possible Internet is fail miserably on the planet normally computerized types of cash are kicked the basin. Grin Grin Grin
actually bitcoin is better than  the other currency and i believe in bitcoin so much because i receive money here from bitcoin and no one can beat that.
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Board Bitcoin Discussion
Re: Is Bitcoin Still Good to Make Investment in it
by
pusa aso
on 17/04/2018, 11:41:47 UTC
Form last few months everyone is seeing some rise and fall into the price of the bitcoin. When it was rising everyone thought that they would have invested in it. But as of now it has fall to $10K from $17K.People are having doubts now that is bitcoin still good to invest. This is like bitcoin is been on the roller coaster ride and that ride is getting slow now. Investors of bitcoin may have lived a nightmare of 70% fall in its price from all time highest. Now this is rising again that is a bit relaxation but not that much. This up and down is making the reason for new and current investors.

So if someone ask you about investing in Bitcoin, simply say yes. But what about the price? So another answer here is that bitcoin price reflects from the market's activity. If more people show interest in investing into bitcoin then price will go up. On same page if interest of investors is low it will go low. But still you can say that even with this low price it have eliminated other investment options.

In every investment one thing is important and that is belief. If you don't have trust in where you are putting your money then it is no use. You will eventually pull out your money in small time. If you need fruit from your tree you have to wait for years to let it grow. Same happens with investment. If you are not sure of it put small amount in it that do not affect you much. With small investment in it wait for long. There may be up and down but you have to stay patient. If you want the Records of ICO token and cryptocurrency market cap there are many sites like CoinMarketCap, and CryptoLoins.

But if you are thinking that you can grow fruits from your first tree then you are wrong. Before growing tree you need to learn about tree and how to grow them. So what you need to do here is learn about bitcoin. Do study of how it works, what features it have, what are the flaws, etc. Then learn about the market, how market works, what profitable conditions are and what are not. These questions will force you to come up with a strategy. A strategy or plan to make investment depending on the facts you have learned.

This post is just for understanding what is actually offered by bitcoin. We are not telling, forcing or suggesting to invest in any cryptocurrencies. This is all just for knowledge. If you invest in cryptocurrencies and any kind of loss is happened we do not take responsibility.
yes of course any body who wants to invest here is open,but the price of bitcoin now is not good yet.but if you trust bitcoin a lot then do it just simply wait for the higher price ever of bitcoin.
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Board Speculation
Re: Bitcoin will hit 25k by the end of this Year?
by
pusa aso
on 13/04/2018, 12:49:02 UTC
Crypto Bull Tom Lee has declared that Bitcoin will hit 25k this year!
Don't worry Guys! as yesterday bitcoin has jumped to a record-breaking volume within two hours.

We will reach to the Moon!

Have faith.
well..in this case if bitcoin will reach 25k by the end of this year,we are all happy and i know that we will be all rich that time and that could be the happiest moment we have to bitcoin.
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Board Bitcoin Discussion
Re: As a newbie advise
by
pusa aso
on 13/04/2018, 12:38:03 UTC
As a newbie, reading = learning --- learning = tactics -- make a good decision= investing---- investing= makes profit--- profit=makes opportunities-- opportunities= makes development= more opportunities(for you and others)= more development (for you and others).. in other words.. NEWBIES(just like me) dont stop from reading tips. and contribute ideas so, success will chase you.. not you chasing success.
it is very hard to be a newbie now,so we have to be careful in what we are reading and answering,because there are a lot of worker that totally banned.so guys just do what is right.
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Board Archival
Re: Help a Beginner to understand...
by
pusa aso
on 11/04/2018, 13:17:03 UTC
Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
it just the same friend...i am also a beginner and i want also some advice to understand what is happening right now in our bitcoin corner.
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Board Bitcoin Discussion
Re: I stop looking at Bitcoin Price
by
pusa aso
on 11/04/2018, 13:02:46 UTC
I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys?  Grin
yes really.... it is very hard to stop looking on bitcoin price now even you want to see it,it is just hurts and we all know that there will be time that the price of bitcoin will go higher so just wait ...every one.
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Board Bitcoin Discussion
Re: Will we stay positive on Bitcoin?
by
pusa aso
on 08/04/2018, 13:33:34 UTC
Undersiege by negative articles for the past couple of months. Banned in different countries. Hated by some billionairs. Yet, i am one of the millions who still stay positive on bitcoin.. Western countries have been very positive on btc also. Try to spend time reading this https://www.ccn.com/retailer-adoption-of-bitcoin-is-growing-in-the-us-and-canada-despite-price-fall/. This might help you also boost confidence on btc behind the downfall of its price nowadays.

Let me know your insights on this..
as for me i am a real positive thinker.even some news are saying that bitcoin will end,i don't believe in that news i just keep on earning more bitcoins for our family future.i have to stay positive always.