I found the one on Netflix quite interesting, are there any other good ones.
Posts made by uzair
I am not trying to spread any fear, I believe very much in BTC. But I also like to know what potential threads the technology might have, therefore I am asking others about their opinions/facts on the matter.
Personally, I believe in BTC and I am thrilled about the technology. Although, the thread that I currently see is China and the mining industry. If mining is actually shunned, then this will erase the majority of btc miners, and that will cause troubles to the network.
Even though it is in the news these days, this could also just spread some fear short-term and then let btc continue its way, like the time with the exchanges and china.
What do you think are making threads, and what dissolve these?
Hi, some of my BTC are on Armory on my old computer.
I want to move those bitcoin to my new computer on Exodus this time (I don't want to run a node on my new computer).
The fees to make the transfer are 0.005848 which is way too high for transferring money from one pocket to another.
What is the cheapest way to move bitcoin from a wallet to another wallet?
I just saw this documentary - "Banking on Bitcoin" and I thought that was very interesting. In my opinion it's a great source of information for the begginers (Like Me) on subjects like: What is BitCoin? How does it work? and many, many more. Did You see that documentary to? And What dou You think of it?
PS: It's on Netflix if You are a user
We all know that keeping your bitcoin on an exchange is risky, but we have to keep some there if we want to trade alts, make some profit and increase our bitcoin.
Now I would like to know what is your theory on the amount or percentage of bitcoin to keep on an exchange.
Is it like you won't keep more than 50% of your bitcoin on an exchange, or won't keep more than 1 or 0.5 bitcoin on an exchange. (I know this will depend upon the amount of bitcoin you have, but still, do share how do you go about it.)
With bitcoin fee's being so high, what use is there for bitcoin these days? I sent someone $30 worth of bitcoin. Network Fee was 0.0009428 BTC ($12.82 usd) to send! $12.82? I think that is totally crazy. Litecoin cost $0.05 to send that same $30. I also wonder, how does everyone get their bitcoin to exchanges? I personally use Litecoin first, send to exchange, sell for bitcoin. It's a process, but to me, it's worth it. What are your thoughts?
If the blockchain always tells the 'truth' and it's 'impossible' to be hacked because it's a distributed ledger, how is it possible to get hacked? (not counting letting someone have access to your private key).
If my bitcoin is encrypted on the blockchain, and, I'm the only person to have the private key, how is it possible someone else can hack it? My bitcoin is still on the blockchain, right? And I'm the only one with the key!
I've read horror stories on the net about companies going bust (people shitting themsleves when kraken went dark), and reports saying that people could lose bitcoins. How is this possible? The coins are on the blockchain so you can just collect the coins later, with the next, latest and greatest crypto exchange, right? Even if Kraken went bust, pffft.. who cares? Your coins are safe on the blockchain right?
Be interested to hear from the experts..