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Showing 17 of 17 results by toti.
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Topic
Board Bitcoin Discussion
Re: How do you store your bitcoins?
by
toti.
on 10/03/2018, 09:02:48 UTC
The key thing to understand is that no matter what you do, you won’t actually be storing the bitcoin itself. That’s because a bitcoin isn’t an object, it’s an encrypted address on the blockchain.
What you own is a unique key that unlocks a specific bitcoin location, and that’s what you need to be protecting at all times by storing it in a wallet.

The easier way to store your bitcoin and other cryptocurrency is in a digital wallet online, or locally on your smartphone or computer. But leaving your bitcoin in public view can open you up to attacks from hackers and phishing scams. That’s why the best option is a hardware wallet that stores your bitcoin offline.
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Topic
Board Bitcoin Discussion
Re: What is driving BTC increase
by
toti.
on 10/03/2018, 08:52:01 UTC
 ongoing research reveals four factors that affect the price of Bitcoin. These include media hype and uptake by peers, political uncertainty and risk (such as the election of Donald Trump or the vote for Brexit), moves by governments and regulators, and the governance of Bitcoin itself.

1) Animal spirits
Economists have long had a notion that psychological factors affect investor decisions. This is called “animal spirits” and refers to investors making decisions based on the behaviour of other market participants and their own intuitions, rather than hard analysis.

2) Political risk
Political risk around national currencies can also affect the price of Bitcoin as people use it to hedge against price movements in a particular currency, or they need to quickly move large amounts of value out a country or currency.

3) Regulatory moves
Regulators around the world have had to catch up to the rise of Bitcoin. They must decide, for instance, how it will be treated by the tax system, or whether and what regulation applies to its use.

4) Bitcoin’s governance
Although Bitcoin is a decentralised currency, some decisions about how it will work or evolve need to be made from time to time. These also have an impact on the price.

The software used to verify Bitcoin transactions is created by developers and is run by miners (the global network people who verify Bitcoin transactions).

hope this helps  Grin
Post
Topic
Board Speculation
Re: BITCOIN is stagnant why??
by
toti.
on 25/02/2018, 04:50:47 UTC
The "stagnation" of the last couple days is directly tied to the mining difficulty increase, clogged mempool and heavy fees.
Post
Topic
Board Speculation
Re: How much BTC will go in 2018?
by
toti.
on 25/02/2018, 04:47:03 UTC
“A lot more money is going to come into bitcoin, bitcoin will go up around $30,000-$35,000 this year – next couple of years? $100,000.” Smiley
Post
Topic
Board Altcoin Discussion
Re: Best altcoins to day trade?
by
toti.
on 25/02/2018, 04:14:11 UTC
First, it is important to note that to trade right requires attention and your one hundred percent focus. Secondly, trading is not for everyone.

check this list of trading platform and see which you are more comfortable with

http://www.bestbitcoinexchange.net/altcoin-trading/
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Topic
Board Bitcoin Discussion
Re: The Effect Of BitCoin Fees Dropping Significantly
by
toti.
on 25/02/2018, 03:15:44 UTC
The average cost of sending a bitcoin transaction is cheaper than it's been in a year and a half, showing the price isn't the cryptocurrency's only unpredictable metric these days.

But with all the debate about growing fees, this might come as a surprise. After all, it wasn't so long ago that fees were so high a group of prominent investors and miners created a whole new version of bitcoin mostly to keep fees lower.

This is because bitcoin is a software that requires all of the many thousands of computers that run it to stay in sync. To do so easily, there's a limit on how much data the network can process at intervals, and users need to pay more to get their transactions in at times of congestion.
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Topic
Board Off-topic
Re: Bitcoin is not gambling
by
toti.
on 03/02/2018, 01:24:09 UTC
i think its not gambling.
it's actually more like investing both thing are different in a way Wink
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Topic
Board Bitcoin Discussion
Re: Is Bitcoin Really The Future Of Money?
by
toti.
on 01/02/2018, 13:08:42 UTC
I really think that bitcoin is the future

and I think a big main reason would be because it is a universal currency
Post
Topic
Board Speculation
Re: Right time to buy bitcoin
by
toti.
on 01/02/2018, 13:02:34 UTC
I honestly think that if you wanna buy bitcoin
it would be best to wait it out first maybe a couple weeks and observe how the price rises and drop
because of the great price spike that happened last year
i dont think it will come up to that this soon
Post
Topic
Board Beginners & Help
im a beginner
by
toti.
on 31/01/2018, 08:25:49 UTC
is there a wallet wherein i can accept many types of crypto?

or do i have to make an account for each type?
Post
Topic
Board Project Development
Re: Win cryptocurrency with Twitter [Faucet-Tweet]
by
toti.
on 31/01/2018, 08:11:37 UTC
newbie

im interested with the idea , but

how can i collect all the mooncoin?
is it convertible to ETH?
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Topic
Board Bitcoin Discussion
Re: Why should people invest in bitcoin?
by
toti.
on 31/01/2018, 07:17:30 UTC
i just started here..

So i read all your replies to learn and also watch videos to understand the world of crypto


thank you all Smiley
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Topic
Board Project Development
Re: Need free advice.
by
toti.
on 31/01/2018, 07:01:06 UTC
i think you can also start to do dropshipping if you don't have  a graphic designer yet
Post
Topic
Board Speculation
Re: what you think about bitcoin in like 5 years?
by
toti.
on 31/01/2018, 06:51:01 UTC
based on how bitcoin value changes, Yes you can make a lot of money but also has a lot of risk
so you still have to know how to guess right and make the investment at the right time.

also having a stable job is never a bad thing
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Topic
Board Bitcoin Discussion
Re: future of Bitcoin In this world?
by
toti.
on 31/01/2018, 06:29:32 UTC
in new here . So i read all your replies to learn and also watch videos to understand the world of crypto
Post
Topic
Board Bitcoin Discussion
Re: Facebook bans Crypto Ads - Bitcoin Falls
by
toti.
on 31/01/2018, 06:19:41 UTC
I think Facebook bannning crypto ads will affect bitcoin
but token ads can still be seen on FB
Post
Topic
Board Speculation
Re: Historic BITCOIN crash
by
toti.
on 31/01/2018, 05:35:06 UTC
The way Bitcoin fluctuates you can  always expect it to crash sometime