It is possible that in the future there is a wallet that supports all cryptocurrency. Currently I think the wallet application is currently expanding
You can use one wallet for your ERC20-based coins like MEW. However, I don't think using one wallet for all your coins is recommended because what if your wallet got hacked? All your coins will be gone. I think it is better to use multiple wallets. Much better if you invest on a hardware wallet.
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Given that the project is unsuccessful, they have no choice but to burn their tokens. Or sometimes, they keep it and make theit ICO better in time. They develop it more and they come back at a later time to try once more.
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I don't think so. No one can really be in control of this. Bitcoin is decentralized. The only thing they can do about it is create regulation and warn people about the risks the crypto world holds. If you mean control in a way that they are not directly managing it then it can. They could pose threats for example which can affect bitcoin demand.
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You have a private key and a public key and optionally you could password protect your 'account' after which all transactions would require you to enter this password. This password would obviously be stored on the blockchain itself.
Is something like this possible to implement?
My only concern is how would you find the block with the data that contains the password...
I don't think this is possible. This is not a social media that could use passwords because you don't register your demographic data here. Lol. You might need another block to confirm your password if you want to implement this. Anyway, this is erasing the whole blockchain idea.
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Do people think we are now in a time of real uncertainty over what the price is going to do next. It seems to defy all logic. I thought it would go down a few days ago but it didn't. And now it has gone down today. Will it go further down from here around 8.1k now at this time or will it go up again over the next few days. This must be putting people off investing. Or are people just optimistic.
Crypto coins are naturally fluctuating and this time of the year always come. We can't exactly predict what will happen tomorrow but this is how things work here which is why cryptos and risks are juxtaposed. It's the market correction for Pete's sake. Do not spread FUDs because it makes several people panic. Come on guys, let us stop being pessimistic.
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I wonder why the price of bitcoin going down again even after the chinese holiday. Is it that it has to retrace back all the spike of 2017 or what?
Bitcoin is naturally volatile and it is greatly influenced by the occurences regardless of it being true or not. Also, market correction is not through yet. I think it will still last a month or two. But let's hope it won't be much longer.
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Google announced that starting June, it will ban all crypto related ads. Facebook also recently banned ICO ads on thier platform. two of biggest tech companies: Duopoly. I think this is creating an opportunity for real decentralized platforms for crypto and blockchain related stuff.
Crypto is all over the internet and it is widely used all over the world so I don't think google will completely ban it. Maybe, it will just impose rules and regulations for the people's safety because scammers are proliferating. This step might just do us good.
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It is a reasonable event though since the market jumped too high last year and the prices of cryptocoins reached their peaks. It is probably part of ther market correction and it is expected to last a few more months. Maybe until June hits.
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Reading the whitepaper is good but not all of us do this. It is recommended though. You can have a quick check of the ICO you wish to join at websites like icobench or icorating. There are critic reviews there.
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For me the best way to earn a huge amount of money is by investing and holding. However it is not applicable to most of us, including me. Investing is done when you already have an initial money. Bounties are also good ways to earn money however it is tedious for some who have physical jobs unlike investing where you just have to wait for your money to grow
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Airdrops are used to attract investors. In these way, more people will know them because they are giving away free tokens and who does not want free tokens? Despite of not being sure whether these "free tokens" have value, people still entertain them anyway because what's the risk? Only the eth address are given and you just have to wait for your reward. Most of the time airdrops have no value. They are too small to be considered. Not all people realize that they are just being used as tools for fame.
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So, I had this question in my mind for a little time and now I think I really need an answer. If you create a btc address you get the private key of that address, what if this address is already in use ? I know there is a really low probability but this can happen, am I right ?
Millions of people have their own private key and it is extremely impossible for a stranger to know that you are that person he shares the same private key with. Similar private keys could happen because combinations of characters are finite. But do not let this bug your mind because this is a one in a million chance to occur.
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hello guys, i found bountyhive this day and i found out that i need to login my facebook account or twitter account inside the website in able for them to count my stakes. Does anyone using bountyhive here ? what are your thoughts ? is it safe ?
Hi, in my opinion, bountyhive is certainly a great new experience for a bounty hunter. With bountyhive, every hunter has a chance to complete a weeks work and earn full stakes according to their tire. I use it and I think it is safe. I haven't tried Bountyhive but upon reading too many good feedback I think I'm gonna give it a try. I have bounty campaigns to monitor and I hope this could be useful. What are their features by the way?
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ICOs are good investments. You just really need to look for a good one. There are several ICOs to choose from and it is difficult to pinpoint which among those are authentic and which will succeed in the future. This is where the importance of research enters. Make sure you do a keen research about the ICO to lessen the risk. It is not actually the "timing" that is wrong with investing in ICOs, it is actually the "ICO" itself you wish to invest.
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In my own opinion, it is the right time to buy bitcoin these days because the price is cheap. Bitcoin is a less risky investment compared to other uncertain coins because bitcoin already have a strong market reputation. Take advantage of the current dip. Add more coins to your portfolio.
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There are several altcoins existing and some of them may survive for a long time however it is difficult to pin point which will remain. The survival of coin depends on the people behind it and how people in the crypto market accepts it. Some altcoins have very low value and are red most of the time so maybe those will surely vanish very soon. However I am not sure which one.
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I think one of its limitations is that as bigger data are embedded into it, the larger the transaction fee and the slower it may process. Ofcourse, as more people indulge into that specific blockchain, more files and data will be stored leaving some of it unconfirmed. This delays transactions.
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I was just curious to know how will adapting to blockchain technology and bitcoin effect developing countries like India.
Blockchain technology is not just limited to bitcoin. Companies and even government agencies can adapt to blockchain technology and they can create their own cryptocurrency for their own benefit and others as well. Blockchain technology is a great technique for data management for big data. It will prove transparency and will make information secure. Fraud and theft will be prevented and this will reduce cost of managing data.
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It is a possibility. The government can enforce anything they wish. But hey, first let me clarify that the word ban and tax are two very different words. Ban means it is not allowed and tax is a different thing also. A thing can be legalized and be taxed. Hope you knoe the difference.
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It is difficult to suggest coins because I don't want to be blamed for unpleasant outcomes lol. I'd suggest that you read details about your prospect coins (or other coins that other people have suggested) before investing. It is not guaranteed that you will earn profit by investing into something you are not that sure about or something that someone just suggested to you. It is best to know the details first. Good luck finding!
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