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15481  Other / Beginners & Help / Re: Teens in cryptoworld on: February 28, 2018, 03:10:41 PM
In this case it can also be the true) Really good joke, I think at the start we all were such experts, weren't we? Cool
Probably, for some people. But there's a difference between being really confident and being really cocky.

This is a world open to all and both adolescents and adults can participate in the improvement of the new economy based on cryptocurrencies. there are teenagers who surprise with their knowledge in blockchain and unburden themselves better than many adults
Yep. Pretty much. On the bright side, at least more teenagers are being engaged in to investing nowadays. I don't think that's a bad thing.
15482  Other / Beginners & Help / Re: Teens in cryptoworld on: February 28, 2018, 02:57:17 PM
Just like with adults, there's always going to be annoying ones. Personally I'm a young adult, so I have a lot of late-teen friends. There's always some of those that invested only like $50 in to bitcoin and act as if they're a sort of expert investor and act like they're pretty much financially set for life.

This meme pretty much sums it all up:

15483  Other / Beginners & Help / Re: question about facebook bounty on: February 28, 2018, 02:10:39 PM
You weren't banned account-wise. You're just banned from posting because probably a lot of people reported you for posting a lot of spammy referral links or something similar.
15484  Bitcoin / Bitcoin Discussion / Re: Coinbase made 43 percent of its 2017 revenue in December alone on: February 28, 2018, 01:29:01 PM
Not surprised. I think bitcoin's media attention and popularity was at it's peak on December; having frequent news about bitcoin and it's ATH price. Probably caused a lot of people to register on Coinbase and buy some crypto.


Especially as the other exchanges were overwhelmed and closed to new members, and some exchanges like Kraken were buckling under the strain and producing 520 errors, till they managed to finally fix things in the new year.

You have to give Coinbase credit - they were the only ones prepared for the surge of new people.

Oh definitely. Props to them for sure. It's almost like they had insider information with the media. oh wait.
15485  Bitcoin / Bitcoin Discussion / Re: Coinbase made 43 percent of its 2017 revenue in December alone on: February 28, 2018, 01:18:37 PM
Not surprised. I think bitcoin's media attention and popularity was at it's peak on December; having frequent news about bitcoin and it's ATH price. Probably caused a lot of people to register on Coinbase and buy some crypto.

with higher price, higher the revenue, it is that simple...
in december the hype was really big, will see results for january/february
I don't think it's due to the higher price, probably more of higher volume. I think their percentage cuts on their buys and sells are constant, so they'll be making the same amount of money whether bitcoin is as low as $1,000 or as high as $20,000. All depending on volume/amount of trades.
15486  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency kills people on: February 28, 2018, 12:26:59 PM
I was really surprised and disappointed on how hypocritical Bill Gate's statement was.


"Bitcoin kills people". Is he pretty much saying that bitcoin and or other cryptocurrencies like Monero is the only currency for buying drugs and other illegal items/products? If that's the case then the US dollar also kills people; "kill" would probably an understatement, probably massacre or genocide would fit better. It's the "Guns kill people" fiasco again. I expect statements like these from old, technologically illiterate people; definitely not from a huge name on the technology industry.
15487  Bitcoin / Bitcoin Discussion / Re: Is posting earning? on: February 28, 2018, 11:09:42 AM
No. Only the signature/avatar/etc campaigns pay people to post. Not the forum itself.
15488  Bitcoin / Bitcoin Discussion / Re: What will destroy the bitcoin? on: February 28, 2018, 11:03:56 AM
Bitcoin will exist as long as there's one or at least few computers running a bitcoin full node. What could possibly stop this? Probably a global blackout or a huge EMP(electromagnetic pulse)[1] or something.


[1] https://en.wikipedia.org/wiki/Electromagnetic_pulse

Some powerful EMP or CMP, or any other dangerous shortcut can destroy much more then bitcoins, destruction will be everywhere, human lives can be lost, why would we care about bitcoin when there is more important things in life, or I am wrong?
This is 1003 topic about what can destroy bitcoin, and I always pay attention on this topics, I always see some new original answer that makes me laugh a lot.

Err. You're probably right. I've always thought that EMP only affected electronics LOL. Didn't think of the possibility that it's also physically harmful to humans etc. Looks like I need to do more research on it.



Be interesting to see how crypto would cope with this. Theoretically, it is possible that all copies of the blockchain were destroyed, or that only one or two people were still able to run nodes. A lot of wallets would be destroyed and lost forever. Would crypto even be viable if it would take 10 years for global recovery? I feel people might have more important things to deal with.

Make a paper wallet and save your private keys on paper, in that way your bitcoins will be safe. After you will be able to recover your wallet, simple don't you think? That is a good reason to make one just in case if you are really afraid from some global blackout.
But then, in the case of an EMP whereas only the people who had stored their private keys on a piece of paper(which are a minority, I assume) has access to their coins, then wouldn't bitcoin be almost useless? As there would be too much bitcoin that's inaccessible?

But yea, private keys on paper is a must.
15489  Bitcoin / Bitcoin Discussion / Re: What will destroy the bitcoin? on: February 28, 2018, 09:00:41 AM
Bitcoin will exist as long as there's one or at least few computers running a bitcoin full node. What could possibly stop this? Probably a global blackout or a huge EMP(electromagnetic pulse)[1] or something.

Even if an EMP hit or a global blackout occurred, wouldn't that only be a temporary halt in activity? I don't think this would be the death of Bitcoin, unless I misunderstand something the blocks should just pick back up with extremely low-difficulty once we get power back.

I'm really not 100% sure, but yea I do think it will only be a temporary halt. What I think is though, that EMP can actually destroy electronic hardware, not just sort of crash/stop them like when a blackout occurs. Though it's probably unlikely for an EMP to destroy 100% of the harddrives of the whole world. Tongue

EMP interference is generally disruptive or damaging to electronic equipment, and at higher energy levels a powerful EMP event such as a lightning strike can damage physical objects such as buildings and aircraft structures. -Wikipedia
15490  Other / Beginners & Help / Re: Should I trade coin at the beginning ? on: February 28, 2018, 08:55:33 AM
Anyone in day trading can suggest some learning resources specific for crypto market?

I personally don't do daytrading, but I've heard good things from High Altitude Investing from YouTube.



High Altitude Investing (Channel): https://www.youtube.com/channel/UCD9j5qyDqQvb9qnLss3vxww

How to Trade Cryptocurrency for Noobs (Beginners) 2018: https://www.youtube.com/watch?v=DqV-SxDMg_4
Top 3 Mistakes Beginner Crypto Traders make: https://www.youtube.com/watch?v=FBtTL7zfBGQ
Investing Vs Trading (Cryptocurrecy): https://www.youtube.com/watch?v=OlKRYvC-Hvg
15491  Other / Beginners & Help / Re: I need a mentor (introduction) on: February 28, 2018, 04:56:18 AM
You don't necessarily need a mentor in this industry, especially knowing that you're in the internet. Trust no one. You just need to have enough time, patience, and dedication in trying to learn the stuff in the cryptocurrency space. Just start out by reading, A LOT.

These links will give you enough information, read through them:
https://www.coindesk.com/information/
https://lopp.net/bitcoin.html
15492  Other / Beginners & Help / Re: Tips on bounty and campaigns.. on: February 28, 2018, 04:52:15 AM
Study and do your research first, then the money will come. You go straight to those bounty stuff then you're pretty much bound to fail. It's like applying for a science teacher without any prior knowledge on the subject.

https://www.coindesk.com/information/
https://lopp.net/bitcoin.html
15493  Other / Beginners & Help / Re: Can i join two or more campaigns? on: February 28, 2018, 04:48:38 AM
You can join multiple bounty campaigns(translation, twitter, etc) but you can only join one signature campaign as the signature space is very limited to a few lines. Though you can join a signature campaign and at the same time join a campaign that only requires you to put up their avatar picture.
15494  Bitcoin / Bitcoin Discussion / Re: What will destroy the bitcoin? on: February 28, 2018, 04:11:20 AM
Bitcoin will exist as long as there's one or at least few computers running a bitcoin full node. What could possibly stop this? Probably a global blackout or a huge EMP(electromagnetic pulse)[1] or something.


[1] https://en.wikipedia.org/wiki/Electromagnetic_pulse
15495  Other / Beginners & Help / Re: Cry-Baby is a portfolio tracker for beginners on: February 28, 2018, 04:03:34 AM
Why don't we have the feature to login via registration though? I wouldn't trust my social media logins on a website that I barely know. This seems sketchy in my opinion.
15496  Other / Beginners & Help / Re: A newbie's experience to help others on: February 28, 2018, 02:32:09 AM
         1 - Lesson one: Do not buy a coin from the highest point of that candlestick

Then I thougt It was an oppurtunity for me to buy more coins from that burning one! The coin of the future! All-in to the same coin second day! The next day another %50 fall!
This isn't necessarily bad, it completely depends on the situation.
e.g. It's mid December, and you bought BTC at somewhere near it's peak (16k-19k); it's fine in my opinion if you're just planning on holding on to it for decades and if you think bitcoin will rise above it in the future anyway.

Still a great tip though, but geared towards more of short-mid term investors.
15497  Other / Beginners & Help / Re: Newbie With Newbie Questions on: February 27, 2018, 03:31:57 PM
Don't expect people here to spoonfeed you with information, it doesn't work that way. DO YOUR OWN RESEARCH, then just ask questions here on things you can't understand. But before asking, consult Google first. I'm going to leave you with good source materials below.

https://www.coindesk.com/information/
https://lopp.net/bitcoin.html
15498  Other / Beginners & Help / Re: How to PM someone who didn't enable PM's from newbies? on: February 27, 2018, 03:20:20 PM
If you think his reply would be very valuable and important to you, then go ahead and purchase a Copper member rank. That'll probably do the trick, in addition to What MadGamer suggested. It'll cost you BTC0.00208333. If the price hasn't changed yet.

Bitcoin Forum > Paid memberships
15499  Bitcoin / Bitcoin Discussion / Re: Is this a good group? on: February 27, 2018, 03:10:16 PM
Yes, this is good group for sharing and get sny information...


Thank You.

So, you pretty much questioned my and a few other people's negative stance on pump groups; pointing out good reasons on why pump groups are crap, and there's this one guy that says "this group is good", and you thank him? 😂 Then go ahead and join the group dude. Sometimes people need to learn the hard way.
15500  Bitcoin / Bitcoin Discussion / Re: Is this a good group? on: February 27, 2018, 02:30:52 PM
There's no such thing as a "good" pump group. It's only good if you're actually the owner and the one making calls/signals. Before the owners/admins pump a coin, it's almost guaranteed that they've stocked up beforehand, so they can sell on the way up.
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