I will love to understand the difference between mining and trading? To some point I see trading more easier and convenient than mining but I guess is before I don't full understand how mining works! Most mining are done with machines but trading is humans strategies, so am definitely not inclined with their difference. Please help us with your knowledge, we're all learning.
In simple terms Look at mining in a more conventional way. Like mining gold. You will need tools, equipment and effort to discover and extract that gold from the earth. Once you get it, you can either stash it for the future or sell it off on the market for money. Mining is more like a business you invest in for long term sustainability if things go well. But not everyone can afford the equipment or the patience to wait long term for return of investment. Here is where trading comes in. Even with your $500 or less, you can still try to trade and get some profit. Please note that there is no guarantee of profits short or long term. Every form of investment is a risk and we always hope that with the risks we take, we get the reward in the end.
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I was wondering why it is "bitcoin". (Someone with more advanced linguistic skills could probably help a lot). I had always assumed it was a natural development from Szabo's bit gold, with the word coin chosen instead to reflect that fact it is a peer to peer currency. To be honest, for some reason, I have always thought the idea of the name could have come from Bittorrent given that it is also a communication protocol for peer-to-peer file sharing (P2P), which enables users to distribute data and electronic files over the Internet in a decentralized manner.[1][1] - https://en.wikipedia.org/wiki/BitTorrent
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How do you drop the hashrate for example? Planning to go China on the miners? Because what causes it to go up is the number of miners out there so long as it's profitable.
A drop in network hashrate would also mean that the network becomes less decentralized and easy to attack.
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People are still paranoid about this wallet, especially when they decided update their terms and conditions about collection of user dataAnyway about a few hours ago, they tried to clarify on what was actually going on. I still wonder what took them so long to respond to the issue This is the thread >> https://twitter.com/ConsenSys/status/1660353688446050304📢 We are aware of tweets circulating with inaccurate information about ConsenSys' terms of service.
Let's clarify one thing upfront: MetaMask does NOT collect taxes on crypto transactions and we have not made any changes to our terms to do so.
This claim is false. The tax section in our terms of service falls under the "fees and payment" section, and it exclusively pertains to products and paid plans offered by ConsenSys. For example, Infura has credit card developer subscriptions which include sales tax.
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Most likely the coins in the top 100 ranking in Coinmarketcap website,you can't go wrong with any of them but just to be sure you can narrow down to top 10 to top 30 and you will win quite a lot of money if you start mining right away.In this scenario we don't care that you are mining at a loss as you are in for the next bull run so you can turn on those GPU-s no matter if they are well over 5 years old,in the end this type of experiment I am confident will pay off much better so as long as you have money to pay for electricity even from your own pocket like I did in 2018,you will get rewarded.I did the same in 2018 and in 2021,February Bitcoin at 60.000 I was a happy man.
So this is almost similar to him just buying the coins he has eyes off an exchange with the DCA strategy using the funds that would be spent on the electricity bills to keep the GPUs running except that the GPUs won't be lying to a waste if he just decided to mine instead of buying
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Does anyone have experience following someone else's signals? How did that work out? I tried doing this back in the day it's completely useless 1. "Free signals" are used to build group numbers 2. Once the group has so many members they start asking for subscription or make a VIP group for "premium signals" 3. The trick is they (owners of the group first buy the shitcoin) and then send the "signals" to VIP members to buy and afterwards post the signal in the bigger group. People rush to buy due to FOMO, Price pumps and the signal providers dump off the shitcoins on those users in the free group 5. They post results of very good performance and the cycle continues on another shitcoin The only way through trading is by learning how to trade and making technical analysis yourself.
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Name: Bitcoin Meme Chain: Binance Smart Chain Max supply: 21 million
I know there are shitcoin but this here is way past the shitcoin level. Bitcoin meme? Where did the creativity go? So you sat down thinking all night and day for a couple of weeks and this is the best you came up with? if anyone fall into a trap buying such a token, then they deserve it as a punishment for their stupidity
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Without any valid collateral, forget about get any one to lend you money here. It's impossible and i suggest you look for other alternatives if your situation is genuine. Even if this Loan request fails, please tell me what should I do, to be trustful for all of you guys.
You managed to make it through February, March, April and May. Then I don't think June and July will surely be a problem. Just hang in there and the remaining to months will be gone before you realize it. The Bonus is when you get your full salary, you will wholly enjoy it without having to worry about a certain loan to repay.
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By "expiring" they probably mean they are trying to change to a new wallet with a new set of seeds or keys and leaving the old one which is a good security practice. So when they see the address is "expiring", it is not actually expiring but they are discouraging you from using it in the future Kucoin did such a thing in the past when they got hacked so it's no surprise. If you notice, Ethereum and tron addresses on Binance are the ones being retired. I think the new addresses that are being implemented are an upgrade from the ones that were prone to the zero value transaction scam that has been going on for a while.
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1. Invest in Bitcoin with your spare money: I can say that this advice is not necessary in today's bitcoin world. This advice was only relevant like a decade ago when bitcoin was been seen with alot of skepticism. Some saw bitcoin as gambling, some saw it as a ponze scheme while others saw it as a bubble the will burst. Have you forgotten that we do have bear markets that last a while? Investing with spare money means in case of a bear market, one won't be forced to sell of there bitcoins at a lower market price just because they have to cover other expenses. Same applies to one investing what they can afford to lose. Nothing is obsolete In today's bitcoin, we know that if you invest with your spare money you may never make any fortune from bitcoin. But Bitcoin can still go x2 to even x7 in a bull market. How many investment options can do that in 3-4 years?
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why are you posting here ? To pump some sense into you. to get more Merits and Posts on my back ? seriously ? Wrong. i gave up on this loan long ago plus i cant delete this post now . Well at least there is a positive out of this, you got a reality check! Now for a fact a know how to get Legendary Rank i just need to talk nonsense and play it dummy and posts stupid comments like the one you did ! Unfortunately, your account already has 3 negs Mr Super Intelligent. This post should be closed i dont need more Clowns to comment
The only clown in this thread is you. We don't entertain scammers here.
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Guys, do you monitor exchange rates and update statistics correctly? For example, have a look at this: And now have a look at this: Images are taken at the same time and before I'd publish them here, I have been monitoring prices on both websites and BestChange definitely has slightly wrong statistics. Fixedfloat has two options: Fixed rate and float rate, Clicking on each of the two brings 2 different rates and one of the rates is close to what BestChange displays on the monitor. So which on had you choosen? Secondly, the minimum time bestchange updates the prices is 15 seconds. In crypto exchanges, a lot of price change can happen in 15 secs. Thirdly, you will still have to visit the exchanger in order to make a trade. Bestchange is just simply a price monitor.
Here you can see that according to your claims, E-Scrooge has two icons that means two highlighted features: This exchange does not fix the exchange rate in the order and the 2nd one - This exchange runs in the manual or semiautomatic mode. Then there you have another exchange called OpenChange with one different, key icon that means: This exchanger requires registration before creating a request for exchange. This claim about OpenChange requiring registration to complete exchange is true but so is the true for E-Scrooge while on your website E-Scrooge isn't tagged with that claim/key icon.
There are a lot of similar mistakes on your website, hope you'll fix them. is it just me, or I am seeing E-scrooge as inactive?
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So you are joining the thousands of crypto and forex trading telegram groups, channels and discord servers?
One unfortunate thing about such groups is that when they are just getting started, they will tell people that if's free to join then once the server or group has some numbers, the will create a "VIP" group and start asking for subscription from gullible newbies
I prefer groups that are purely educational about trading and technical analysis and not just giving out "signals"
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So, I mean if the backend guys store the keys in there server, it can be called an unsafe non-custodial wallet instead of making it totally the opposite.
or perhaps they also have "custody" of your funds since they also hold keys to your money? I think someone opting for a closed source wallet which claims to give them control of their funds makes no sense at all
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>>snip<<
Thanks for taking your time to provide more details. $350 is quite an amount, and once again sorry for your loss. I am going to create a flag against his profile and also leave him negative feedback. If you can, please, you might as well edit the original post and include that you just replied here for better visibility. I am going to use the OP link as reference for the flag Edit: You can support the flag: https://bitcointalk.org/index.php?action=trust;flag=3165
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A seller making an advert and then immediately locking the thread is red flag number one. It means they don't want people they have scammed before to leave any feedback or review on their threads. The mistake you did was to trust a stranger without asking or doing some research. I would love you to make a proper scam accusation with evidence so that DT members can leave negative feedback and a flag on the scammer's profile. That way, it will be easy for the guest users to see the warnings. Use this format - https://bitcointalk.org/index.php?topic=260073.0
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Or they could have been trying to spread malware to your device Yes, PDFs can be used to spread Trojans or all other kinds of malware if sent by a malicious person. This was a popular way of sending malware to newbies on telegram around 2017/2018 eBook Worms: How to Spot and Avoid PDF MalwareYour android device might not be safe if you opened random PDFs from strangers
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