Bitcoin

bigbear

And I will add, I would never had suggested this before the hard fork and wouldnt suggest it 6 months or so from now.

But at this very moment things are going to be at its worst, a last for a few weeks til we get to block 479808. And still, there are going to be issues and people losing there coins. And I am watching closely to see what everyone not signed on to the NYA is going to do.

Just wanted to clarify why I am making a suggestion I otherwise would never make.

travisdh1

@bigbear said in Bitcoin:

And I will add, I would never had suggested this before the hard fork and wouldnt suggest it 6 months or so from now.

But at this very moment things are going to be at its worst, a last for a few weeks til we get to block 479808. And still, there are going to be issues and people losing there coins. And I am watching closely to see what everyone not signed on to the NYA is going to do.

Just wanted to clarify why I am making a suggestion I otherwise would never make.

Yeah, really bad time for the bitcoin network till things get ironed out.

bigbear

I would almost guess BTC is going to shoot up even more after this, because I feel like big money now owns BTC. We could see $30,000 for a BTC inside 12 months. Some people think it will peek at $40,000.

Lakshmana

@s-hackleman said in Bitcoin:

@lakshmana You need to find an exchange that accepts your currency. I have advice if you are using dollar in the United States, but if I recall you are in India, so i'm not sure. I would seek advice from a trustworthy community for bitcoin in your region. I follow /r/bitcoin on reddit, maybe those guys could help you out.

Thanks @s-hackleman .I will check on the same

Lakshmana

@bigbear Its like money laundering as said by @scottalanmiller

Lakshmana

@mlnews said in Bitcoin:

https://arstechnica.com/tech-policy/2017/07/officials-arrest-suspect-in-4-billion-bitcoin-money-laundering-scheme/

Its seems to be money laundering process only

scottalanmiller

@lakshmana said in Bitcoin:

@mlnews said in Bitcoin:

https://arstechnica.com/tech-policy/2017/07/officials-arrest-suspect-in-4-billion-bitcoin-money-laundering-scheme/

Its seems to be money laundering process only

Just like Hostadillo. That's what they are up to

Lakshmana

I saw in some forums that Bitcoin can be availaed by Mining?

scottalanmiller

@lakshmana said in Bitcoin:

I saw in some forums that Bitcoin can be availaed by Mining?

That's how Bitcoin always originates. You can mine new bitcoins whenever you want. But the cost of doing so is so high that it is really not worth it.

Baldwin_Cannon

Unfortunately, this is hardly possible anyway

scottalanmiller

@maxi5005 said in Bitcoin:

I saw in some forums that Bitcoin can be availaed by Mining?

That is, indeed, how cryptocurrency works essentially by definition.