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Showing 20 of 103 results by schatzi
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Topic
Board Bitcoin Discussion
Re: 5 countries that banned bitcoin
by
schatzi
on 28/05/2018, 07:46:13 UTC
The parliamentarians of Ukraine offered their versions of the settlement of the market to the market. Two alternative draft laws have been registered in the Verkhovna Rada of Ukraine. However, none of them won the position of market participants. The last few months have promised to present their version of the program for legalization of crypto-currency in Ukraine.
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Board Bitcoin Discussion
Re: Can somebody steal your btc?
by
schatzi
on 28/05/2018, 07:45:02 UTC
The chances of stealing bitcoin in the way you thought is quite impossible or maybe just not too possible to happen. Bitcoin would not have been trusted by millions of people if your idea works. Of course, people would always do something to be evil in some ways but stealing through that method could lead them to a dead end. The security system that was created for Bitcoin could be considered steal-proof because Bitcoin is used for all kinds of transactions; good and bad. So do not be worried about your coins being stolen because they made sure your coins are safe.
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Board Bitcoin Discussion
Re: Can Blockchain Survive Without Bitcoin
by
schatzi
on 28/05/2018, 07:44:25 UTC
Thanks to the blockchain system, bitcoin is popular.
It is very cheap, fast and easy to transfer money with this system. A lot of projects put on the market are blockchain-based. Blockchain will have more confrontation in the coming years.
The crypto stock market is a very valuable stock market for being based on blockchain.
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Board Bitcoin Discussion
Re: Why so many Bitcoin users have fear of governments?
by
schatzi
on 28/05/2018, 07:43:55 UTC
Because only Government can force that they can ban Bitcoin that many poor people don't have way to be rich from their country. Government shows greedyness to people who need money
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Topic
Board Economics
Re: Why people are still buying BTC?
by
schatzi
on 25/05/2018, 14:03:28 UTC
I think people are still buying bitcoin because they know that bitcoin prices will continue to grow and will continue to increase so that if invested in bitcoin will still be profitable
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Topic
Board Economics
Re: Is banking still important in the bitcoin era?
by
schatzi
on 25/05/2018, 14:03:01 UTC
In the bitcoin era banking is not so important at all because  every thing we can resolved with bitcoin itself so the conventional banking system has no specific role on it. If some body is undertaking a deal between  a firm or an individual here with bitcoin  the buyer and the seller only  knows about it with out a third party interference such as banks. Bitcoin saves the processing time and the processing charge and the transaction  between the buyer and seller directly..So the bitcoin is more convenient for the international trade.
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Board Bitcoin Discussion
Re: Why many banks hate cryptocurrency ?
by
schatzi
on 24/05/2018, 14:53:12 UTC
The reason the banks hated Cryptocurrency because there is no authority in charge, there is no official administrator, there are no underlying asset the underlying price of virtual currency, as well as the fluctuating value of trade so that vulnerable risk inflating.
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Board Off-topic
Re: Bitcoin & College students .
by
schatzi
on 24/05/2018, 14:52:15 UTC
You are right, mostly in the community bitcoin users are mostly college students, or teenagers, the reason why they are able to join is because they have the time and the ability to understand since they are in the learning process, and they are open to technology then I won't be surprised if some college student was able to gain income in such a fast pace.
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Board Bitcoin Discussion
Re: Learning Cryptocurrency in Universities?
by
schatzi
on 23/05/2018, 14:51:37 UTC
I can say that it would be good to explain students how everything works to make them become developers in future. Also students woud have an opportunity to learn how to make money on crypto.
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Board Economics
Re: Will bitcoin change the distribution of wealth in the world?
by
schatzi
on 22/05/2018, 16:57:32 UTC
Bitcoin does not change the distribution of wealth in the world. As always rich people have the greater opportunity to earn big here because they have the resources already that they can use in investment. As we all know there is no equal distribution of wealth in this world, the gap between the rich and the poor is very far. In bitcoin, yes it gives us the opportunity to earn and the chance to the unemployed people earn also but we cannot definitely say equal distribution of wealth exist.
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Board Economics
Re: Is Satoshi is dead,If not where is he now
by
schatzi
on 22/05/2018, 16:57:03 UTC
Satoshi is still alive , i want to meet satoshi in person  before i die and  I want to thank satoshi  for the success that it gives to my life. Without bitcoin ,maybe im still  in the lowest part of the community. Now my life has change a lot thanks to satsohi.
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Board Bitcoin Discussion
Re: 5 countries that banned bitcoin
by
schatzi
on 20/05/2018, 05:35:12 UTC
That depends on point of views of governments. In the truth, no government is taking right decisions in all the time. Don't care too much about government decisions. We didn't create bitcoins, we're getting advantages from something created by someone super genius. Bitcoins is just an opportunity for us. (For me) Bitcoins isn't my life, so, if my country would be be banned bitcoins in the future, I consider it as a lost opportunity and leave away.
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Board Bitcoin Discussion
Re: Who is selling Bitcoin?
by
schatzi
on 20/05/2018, 05:34:41 UTC
Individuals and exchange sites sells bitcoin. There are several ways that a person can exchange for bitcoin and other cyptocurremcies. Some of the availbale once are Bittres, Binance, HitBtc and so on.
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Board Bitcoin Discussion
Re: What Caused the Boom in Bitcoin
by
schatzi
on 19/05/2018, 08:37:56 UTC
increasing the existing assets in bitcoin is the biggest breakthrough that can make the boom in bitcoin ..
what is this cause ....?
  or it's a plan for bitcoin to raise prices at this point. which will be a surprise for investment ...
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Board Speculation
Re: Bitcoin value
by
schatzi
on 18/05/2018, 04:10:28 UTC
Yes, I believe the people in the cryptocurrency community were actually the ones put value on bitcoin. However, due to it's volatility, bitcoin is susceptible to fluctuations either be going up trend or down trend.bitcoin is valued at what people believe it is worth. with new news coming out, there personal valuation changes as will.
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Board Bitcoin Discussion
Re: You can buy KFC chicken by Bitcoin
by
schatzi
on 18/05/2018, 04:10:10 UTC
It is a big leap in bitcoin since KFC is well known around the world but i think they really need to fix the rough patches we all know that it takes almost an hour or 2 before a transaction completed and what about bitcoins volatility especially now bitcoin is fluctuating a lot i don't think they'll gonna accept btc if it's not stable enough although i hope this news is true cause if it is, it is a really big step from bitcoin.
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Board Bitcoin Discussion
Re: Depending your future in bitcoin...
by
schatzi
on 18/05/2018, 04:09:53 UTC
Indeed, investments in bitcoin and other crypto-currencies can be made quite well, I would say you can even earn a lot. But you can not just invest all your money. Since the course is constantly changing, you can lose money.
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Board Economics
Re: How do you see the bitcoin economy 10 years from now?
by
schatzi
on 16/05/2018, 15:30:29 UTC
As what I have seen now adays that bitcoin trends to people even students did it maybe at first as fun but going on to the process they make it serious because they can see that they gain vital currency of money in it. As of this day it goes higher after 10 years from now it will be the highest vital currency because as what I have noticed it is flactuation so there are possibilities that it will grow high. And people now a days trying to depends in Bitcoin as their sideline because they can save more
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Topic
Board Economics
Re: Would you rather see steady growth in Bitcoin or strong upward spikes instead?
by
schatzi
on 16/05/2018, 15:30:02 UTC
I would prefer a steady growth in Bitcoin's price rather than strong upward spikes. I feel like if there is a sudden spike in the price, a sudden downward movement will follow. It is possible that we can see more stable price in the market if we would prefer a steady growth.
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Board Economics
Re: Companies that are scary
by
schatzi
on 16/05/2018, 15:28:49 UTC
To me, GOOGLE on line services encompasses a lot more than what any one could imagine and spread all over every facet of life and covers every nooks and crannies of the world. This Global world of Google is somehow scary if we can put it that way.