Koç University Entrepreneurship Research Center (KWORKS) and Digital Marketing School conducted the “Bitcoin and Cryptocurrencies” training conducted by Onur Gözüpek. The first one was held on Thursday, September 21, in Şişli.
The training attended by Onur Gözüpek, known as Cryptocurrency Investor and Advisor, was a speaker.. In the event where Onur Gözüpek explained the basic information about the sector, the questions of the participants were also included.. In the speech, which focused on the situation of the crypto money industry in Turkey and the awareness of the society about Bitcoin, the crypto money industry was included in a wide framework.. In the training where all the questions of the participants were answered, questions were asked about the stock markets, taxation, the situation in Turkey, security in general.
Questions asked to Onur Gözüpek by the participants during the event and their response is as follows:
- Why should I trust the miners?
– Since they are anonymous, none of them are available to the system and yours. cannot interfere with the operation you are doing at that time. Where in the world your transaction is taking place at that time and by whom is unknown. This obscurity and clutter is actually your assurance.
- Can the miners become a group and break the system?
– This is an ecosystem. That’s why someone can’t get up and say “we’re leaving”. If peer-to-peer synchronization does not occur, transactions do not occur.
- Who prepares the wallets?
– These wallets are open source. Developers are preparing. The only important point is that it can synchronize the data.. There are 20 different Bitcoin wallets but they all do the same job. There are only interface differences between them.
- How will I choose the wallets?
– You can follow them on Bitcointalk. You can follow people on social media. You can check it out on bitcoin.org. You can try the applications one by one.
- What does the software gain when it produces a wallet?
– Since it’s open source, it’s not profitable. It’s proving itself.
- Is my computer or phone used for mining when I download the wallet?
– No, your phone is for this job anyway. cannot be used. Normal computers also do not have enough capacity for mining. Which is not the case anyway.
- If the company that owns the wallet I bought goes bankrupt, will my money be gone?
– No private your key is important. If you have the key, you can access your money with any wallet that supports the encryption method.
- How does Bitcoin rise or fall on exchanges?
– Any a coin rises or falls the way it is affected. Here, too, there is supply and demand.
- Is the technical analysis in stock exchanges also valid in cryptocurrency exchanges?
– Both yes and no. There are of course some similar things here as well.. However, when a curve occurs, the balance changes the moment a whale prints a coin.. However, this is not possible in BIST.
- How do the stock markets in Turkey do this? If there is no legal regulation, how do they solve the tax situation?
– Limited companies opened in Turkey with a certain capital. They only pay 18% VAT of the transaction fee they receive from their transaction.. Since there is no legal regulation, they also take advantage of this gap.. In fact, they did nothing wrong.
- What will happen to our money if the stock markets close?
– Your money will be gone. Firms are only responsible for the capital they show at the opening.
- If I issue an ICO. And if I promise things and collect money from people. And then is it possible if I run?
– Yes it is possible. It’s happening all the time in the industry. These are the contents we call ponzi.
- So how do we trust ICOs?
– Before you invest in an ICO you will look at what he has to offer, how he promotes himself, his presence on social media and such platforms. After that, you will invest if it gives you confidence.. Some ICOs receive million-dollar investments in half an hour.
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