Do Legend members think they are Demi God's in this forum or what. Someone just wake up give you red trust like you are criminal for no reason. We should all live here for only legend members to participate in this forum. Bullshit pharmacist gave me red trust for funny reason of shitpost. How do u determine shitpost. Nonsense
Bitcoin fees are high. Bitcoin is not used for transferring money. There are no projects about bitcoin. İts price only rises when there are more buyers, so It acts like a Ponzi scheme nowsadays.
But how do bitcoin fees related to its been a Ponzi scheme. Educate me more. Banks also take fees for the service they offer. And how are more people buying get to do with Ponzi scheme
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BoardBitcoin Discussion
Re: Bitcoin is creating money out of thin air
by
vkwame30
on 20/01/2018, 22:03:28 UTC
Mining of bitcoin is not a thin air, and remittance of bitcoin from one end to another too a thin air. Bitcoin in an is a pure business
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BoardBitcoin Discussion
Re: Bitcoin/alts in your will (?)
by
vkwame30
on 20/01/2018, 21:48:19 UTC
Is a good topic and I haven't ever taught of that. If I don't will my altcoins now I might end up in grave with it. But the problem is what if the one you will to don't have knowledge in crypto currency
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BoardBitcoin Discussion
Re: is it risky to turn all my money to bitcoins?
by
vkwame30
on 20/01/2018, 21:44:56 UTC
Yes is very risky to turn all your money not only in bitcoin but in crypto currency in general. While you hold some part of your money into bitcoin as investment, is rational you keep part of your money for transaction purpose.
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BoardBitcoin Discussion
Is Bitcoin a Ponzi scheme?
by
vkwame30
on 20/01/2018, 21:42:15 UTC
I had arguments with my friends who are always tagging bitcoin with negativity. Today, we argued and I educated them on bitcoin and Ponzi scheme. To me Ponzi scheme is when developers takes money from new entrance to pay early birds,rinse and repeat until they raise enough and vanish. But bitcoin is not like that. Do you think I am right?
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Re: Bitcoin is not gambling
by
vkwame30
on 20/01/2018, 21:36:53 UTC
Bitcoin is not gambling. Is investment but as every investment has associated risk that make it seems gambling so is bitcoin. Gambling is a game of chance but bitcoin is not. Is based on demand and supply.
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BoardBitcoin Discussion
Re: Hotels accepting bitcoin
by
vkwame30
on 20/01/2018, 21:18:18 UTC
Nice to see Bitcoin grows to this level but the problem is how fast your transaction will be confirmed for you to enjoy your service and also considering the network fees it will be costly
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BoardOff-topic
Re: Speakers wanted! BlockchainHotel Conference 25th of may 2018
by
vkwame30
on 18/01/2018, 00:55:45 UTC
Is the speaker going to be paid or he will pay to attend the conference.
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BoardPolitics & Society
Re: Rape
by
vkwame30
on 16/01/2018, 13:06:22 UTC
All your argument is false to justify rape. Rape is a crime and culprit need to get punish.
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BoardBitcoin Discussion
Re: Bitcoin saving.
by
vkwame30
on 13/01/2018, 23:22:22 UTC
That is the purpose of speculation on bitcoin. Keeping it for future appreciation of price. Spending your bitcoin earning is like eating your eggs which could have given birth to chicken.
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BoardBitcoin Discussion
Re: Can any government ban Bitcoin?
by
vkwame30
on 09/01/2018, 13:30:45 UTC
It will be hard since if a any government succeed in banning url to exchanges to buy and sell bitcoins, people can use vpn of another country to access it.
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BoardSpeculation (Altcoins)
Re: Do I need to sell all alts?
by
vkwame30
on 05/01/2018, 16:36:22 UTC
No dont do it. Dont put all your eggs in one basket. Diversification is the key in crypto world.
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BoardBitcoin Discussion
Re: Bitcoin Is Now Climbing Back Again !!
by
vkwame30
on 04/01/2018, 16:12:42 UTC
After huge sells off during the exmas break , buyers are back to buy that is the why it is climbing like that. It is going 30000 usd price by May this year.
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BoardBitcoin Discussion
Re: When the transaction fee problem will be solved?
by
vkwame30
on 04/01/2018, 16:10:08 UTC
It is the only downside of bitcoins now. If we are avoiding banks of high transfer fees, why do miners setting so high fees. Is best to deal in alternate currency now than bitcoins.
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BoardBitcoin Discussion
Re: Why media against bitcoin ?
by
vkwame30
on 04/01/2018, 16:07:00 UTC
I dont think so, not all media are against bitcoins, if government and banks want people to stay away from bitcoins, is the media that they will use, but rather is not the media against it.
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BoardBitcoin Discussion
Re: Why bitcoin is not supported in some countries?
by
vkwame30
on 04/01/2018, 16:04:03 UTC
Some countries are hard on drung and anything illegal. Bitcoin as anonymous currency is used to facilitate such trades by some bad guys. That is the governmetn of those counties dont support it.
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BoardBitcoin Discussion
Re: Is ripple going to overtake bitcoin ?
by
vkwame30
on 04/01/2018, 15:58:21 UTC
Is possible in terms of credibillity and stability but not in value.If Bitcoin crash which is near impossible, then Ripple will be the favorite of crypto currency because governmetn and banks have already vouch for it.
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BoardBitcoin Discussion
Re: Can cryptocurrency make real money disappear?
by
vkwame30
on 03/01/2018, 18:02:21 UTC
It is nearly impossible. Because unless everybody is having access to internet and constant electricity since cryptocurrency need these two factors to make transactions goes through.
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BoardBitcoin Discussion
Re: Major benefit of bitcoin?
by
vkwame30
on 03/01/2018, 17:57:06 UTC
Easy transfer of money from one country to another without much time. Swift can take about 3 to 5 days, but bitcoins just an hour to 2 hours can let you transfer money to anybody.