The biggest advantage that blockchain technology provides is the elimination of intermediaries who consume resources and introduce an element of insecurity into many spheres of human existence. Blockchain gives confidence in the reliability of the transaction in an untrusted environment - this is the main purpose of developing Bitcoin.
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Bitcoin is not so decentralized nowadays due to the strong concentration of mining power in the hands of large miners. Transactions in Bitcoin are not so anonymous and can be tracked over the network. Therefore, Bitcoin can be used officially, it does not pose any threat.
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Use video cards and other equipment that is not older than 1-2 years, make one rig and learn the process of mining. You can experiment with Windows and Hive OS operating systems, which are very easy to set up for mining.
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In the second half of 2018, more and more bad news about Ethereum appears every day. Most of them are related to the influence of competitors. It seems to me that the appearance of an error in the test network is the norm and you should not give it much importance.
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There are many such thieves now, not only in China. There is a category of people who consider themselves the most intelligent and exceptional, who steal electricity, thinking that if it is invisible, then no one will notice.
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There is more and more good news, but for some reason prices for cryptocurrencies are only falling. This is probably done before the big price jump. The only thing that these jumps are getting lower and lower last months.
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If you hold tens and hundreds of thousands of bitcoins, then this may affect the market. Small amounts practically do not affect it. The cryptocurrency market needs capitalization, the infusion or outflow of large amounts of fiat money in the market is very important for pricing.
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It seems that big whales with bull intentions are preparing for a rally. But they first decided to lower prices even deeper. I think another month of trampling about 6200-6500 dollars.
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There are already over 2,000 cryptocurrencies at coinmarketcap. Definitely, we don’t need such a number of crypto assets. There are not even two hundred states in the world, and here there is such a large number of coins. I think that most of them will not soon remain even in our memory.
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Honestly, such a slow approach of a bullish trend makes me think that there is also a third type of trend in the cryptocurrency market - the turtle one. I hope that it will soon be replaced by a rocket flying towards the moon.
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Currently, Bitcoin is already more centralized than it was in the early years of its existence. This is due to the concentration of mining capacities in the hands of large pools, including those related to manufacturers of ASICs. Bitmain contains several large bitcoin mining pools in order not to attract much attention to the concentration of power in one place. If ten largest pools are to agree among themselves, then they can do anything with the network.
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I think that there should be some degree of regulation in the turnover of bitcoins. But it should relate exclusively to the safety of their use in order to protect users from the actions of hackers and scammers.
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People choose cryptocurrencies because they want to get rid of the dominance of the regulatory authorities and get a little more freedom. In addition, the possession of a promising cryptocurrency is quite a profitable investment based on forecasts that speak about the future widespread digital assets and the growth of their value.
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Dash project will be truly decentralized only in 2019, when decisions about appointing the board of directors and spending the funds will be made by voting. Now all management is carried out by the Board of Directors of Dash Core Group Inc, appointed by the Dash Trust, which is owned by the same persons.
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If we take into account that even in summer, during a downturn, Bitcoin rose to $ 8,500, then by the end of the year, closer to the tenth anniversary of Bitcoin, its price should also rise no less than up to 10 thousand dollars.
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I believe in Ethereum, because this platform has existed for several years and serves as the basis for many successful projects. The only thing that its developers should do is not stop at what has been achieved, otherwise other, more dynamic projects will quickly overtake them.
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In any case, the most difficult thing is to take the first step. It will be much easier later. You will earn a lot of money, but you will not рфму such pleasure as from the first earned dollars, unless you master another new profession.
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Statements of big experts on financial markets about the upcoming growth and the increasing number of positive news about cryptocurrencies will inevitably lead to a change in trends in the cryptocurrency market. Information about the imminent growth in two months is quite plausible.
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Whatever decision will be made, bitcoin is spreading more and more around the world. The very presence of news about it and the study of Bitcoin in serious organizations testifies to its importance and value.
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This topic has been around for almost a year, and China plans to ban all mining of bitcoin. Probably everyone should be clear that this is a manipulation. Spreading rumors is profitable for traders with bear tactics.
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