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21  Economy / Speculation / Re: A chance for Bitcoin to rise! on: February 26, 2019, 07:44:27 AM
Bitcoin has been struggling since 2018, and this situation does not seem to end soon. However, many experts, investors and analysts predict a bright future for Bitcoin. Before the price of Bitcoin soars, the current price may be the last chance for potential investors.
22  Bitcoin / Bitcoin Discussion / Re: :-> Bitcoin are helping to reduce global debt. :-> on: February 26, 2019, 07:05:13 AM
In fact, the scale of global debt is also accelerating. Recently, a new study by the International Finance Association (IIF) shows that the level of global debt rose again by $500 billion last year, reaching a record high of $217 trillion, which is now equivalent to 327% of global annual economic output.

From the value of money, when the central bank printing money to dilute the value of money, the value of virtual currency such as Bitcoin is rising, because once people can recognize Bitcoin, its value is innate. Despite the Federal Reserve's planned downsizing, the recent poor economic data, weak economic recovery, interest rate hikes and downsizing are beginning to be suspected by the market.

The essence of money is credit. When the credit of the local currency weakens, it is when the credit of Bitcoin strengthens. Because of the recognition of everyone, and the foundation of Bitcoin is the international network, the intervention of a government in Bitcoin only creates a market fluctuation, although in the short run, Bitcoin and others will suffer another major setback.
23  Bitcoin / Bitcoin Discussion / Re: Buy Bitcoin, US Dollar Will Become Worthless: Warns Kim Dotcom on: February 26, 2019, 06:55:24 AM
The debt ceiling that will expire on March 1 is also imminent. If Congress fails to agree on raising the debt ceiling, the United States may default on some of its debts.

Treasury bonds have always been regarded as the safest and most liquid financial assets in the world. The rise in bond yields caused by the sell-off will have a huge impact on the United States and even the global market. The U.S. government has just experienced the longest suspension in history. After the Republican Party handed over the majority of the House of Representatives to the Democratic Party in the mid-term elections last year, the differences between the two parties on the debt ceiling are equally clear, and negotiations are likely to fall into a protracted war.
24  Economy / Speculation / Re: Why is bitcoin reduced price an opportunity to buy? on: February 26, 2019, 06:39:27 AM
Reason 1 - Lower prices are better prices

Reason 2 - The real reason for the decline in Bitcoin prices is that the US dollar has "risen"

Reason 3: More and more Bitcoin-accepting businesses (Bitcoin is a double-edged sword) have led to a fall in the price of the currency.

Reason 4 - bitcoin has gone through the economic bubble. Now it's the market.
25  Bitcoin / Bitcoin Discussion / Re: Software will eat Banking on: February 24, 2019, 08:28:21 AM
Whether banks like it or not, Bitcoins are here. Compared with the long history of banking development, Bitcoins are still young, but they are developing rapidly. Active response, not just curse, is the way for banks to deal with it. Nowadays, more banks are cooperating to build alliances and develop related block chain technology, which is a positive measure. In the future, Bitcoin may not be a universally accepted currency in the world, but it may also force banks to make more changes and enjoy better services as customers of banks.
26  Economy / Speculation / Re: January...The Next Few Weeks Will Be Crucial on: February 24, 2019, 08:20:57 AM
We all know that Bitcoin comes from block chain technology and is born from block chain technology. So the digital currency generated by block chain technology is not only Bitcoin, but why can Bitcoin be so valuable and so high? It's obvious that there are more people participating in Bitcoin than other digital currencies, so its price is naturally higher than other digital currencies. This is the belief of Bitcoin holders in Bitcoin!
27  Bitcoin / Bitcoin Discussion / Re: Bitcoin puzzle transaction ~32 BTC prize to who solves it on: February 24, 2019, 08:02:43 AM
In fact, the code in this puzzle, I think, is the 310 bitcoin private keys, and these private keys are scattered and hidden in the picture, like playing a puzzle game, to find them and put them together correctly! Sounds simple, but a little bit of cryptography knows how to work out the combination of private keys by manpower, and it is estimated that it will not be worked out by the day of entering the coffin. The last thing Lao Shi regrets in his life is that he didn't study hard at the beginning. If he could study hard at the beginning, he would develop towards cryptography experts or mathematicians. It's not a piece of cake to crack such puzzles. It's hard to knock on keyboards every day like now. Therefore, the folks who have become parents must educate their children to listen from an early age. Ha-ha.
28  Bitcoin / Bitcoin Discussion / Re: New type of scammers in telegram! Keep your bitcoins safe! Watch out! on: February 24, 2019, 07:54:01 AM
Why are you cheated?

Ignorance: Ignorance is ignorance, simplicity. Don't treat ignorance as simplicity. Society is all-inclusive. There are truth, goodness and beauty, and there are fake and ugly. If we are true, good and beautiful to the false and ugly, it is ignorance.

Laziness: Why is it related to laziness? The cheaters are very diligent. In order to deal with the target group, they have done enough homework, done enough market research, and calculated the scale benefit. Almost all fraudulent networks have relevant reminders, as long as you search a little, you should understand. All laws and regulations are available on the Internet. Everyone does not consciously reserve some. What is not laziness?

Desire: Few people get free lunches. Your luck may not be so good. Their desires should be satisfied by their own diligence and hard work, rather than by speculation and ingenuity.

Greed: You can't eat a fat man in one bite. Greed, voice, thoughts and delusions are too much.

How to Prevent

1. Look at the above carefully and learn to draw inferences from one another. There are endless tricksters, and our own IQ should be actively recharged.

2. Don't panic, consult your family, classmates and teachers. Several people must have a much bigger vision than one.

3. Food needs to be eaten one mouthful at a time. Knowledge and skills need to be accumulated for a long time before they can be realized as a price. As students, they should devote more energy to their studies. Suddenly successful and wealthy, only in fairy tales. Guangliang said: Fairy tales are deceptive!

4. If something goes wrong, there will be demons. If it happens, then the crocodile rule, if necessary, is better than losing one leg.
29  Economy / Speculation / Re: Crypto Winter is Over - Spring has Come on: February 24, 2019, 07:41:43 AM
I am looking at the application of low-level technology and products. Without these other things, they are empty. If they go up, they will fall.

Firstly, on the technical level, the circulation speed and security of each circulation project must be guaranteed, and the DAPP platform must be able to undertake a wide range of DAPP data flow.

I remember that the ultimate battle for Aliyun's technology to be recognized was the battle with big hackers all over the world. In the face of massive DDoS attacks, Aliyun's technology still works properly, thus gaining recognition from all walks of life and winning numerous orders.

To some extent, DAPP platform is similar to cloud computing, so referring to Aliyun, DAPP platform should also have these technical conditions.

Needless to say, the application can only be applied in a wide range, and it must be able to solve some rigid demand in order to be recognized by the market.
30  Bitcoin / Bitcoin Discussion / Re: How do you think of this bitcoin halving chart? on: February 22, 2019, 08:04:32 AM
Some people who have a little knowledge of economics know that the price of a commodity is generally determined by its own value. Influenced by the supply-demand relationship, the real price always fluctuates around its value. But bitcoin completely overturns traditional economics. No one can tell how valuable bitcoin is. People who hold bitcoin tend to overestimate the price of Bitcoin and are anxious to rise. To $1 million, completely replace the existing French currency system; others think that bitcoin is worthless, is a fraud, such as Lang Xianping said, you give me Bitcoin I will not want.

Because bitcoin has such attributes, no matter how much bitcoin rises or falls, a reasonable explanation can be found. One reason for this downturn is that BitContinent wants to sell new miners. There are two ways to sell new miners. One is to increase the price of mining and turn it into a very profitable industry to attract new miners. This method was used at the end of last year. Another is to fall, so that bitcoin prices fall to the old miners do not make money interval, miners must find ways to upgrade. Some may ask, will the collapse of a large number of Mines cause the collapse of the bitcoin ecosystem? In fact, it will not, because a large number of mine closures will lead to a decline in computing power, mining difficulties will naturally decline, so that mining machine revenue will increase, mining revenue is a negative feedback adjustment, until the price of mining machine, computing power and BTC price reach a certain point, will naturally return to the situation of supply over demand, currency prices will rise. This year's market environment has determined that the cost of crashing is higher than that of pulling, so they chose the second method to crash the currency to a level that miners can't stand.
31  Bitcoin / Bitcoin Discussion / Re: Bitcoin is completely legal in at least 111 countries, and illegal in only 10 on: February 22, 2019, 07:41:00 AM
In most countries where Bitcoin is not listed as legal, the reason is simple: the legal status of Bitcoin has not yet been determined.
32  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a religion on: February 22, 2019, 07:25:01 AM
Many discussions around encrypted currencies and related block chains have become increasingly toxic, and it is increasingly impossible for well-meaning people to have technical discussions without being attacked. With the discussion of real flaws, it has become a common practice for those flaws destined to fail in other environments to be immediately judged as heretical without any factual analysis, and the participation of well-meaning people becomes extremely expensive. At least some people are aware of extremely serious security vulnerabilities, and they choose to remain silent because of the highly toxic environment.

What used to be driven by curiosity, expectations of learning and improvement, creative feasibility, is now driven by blind greed, religious fanaticism, self-righteousness and self-expansion.

I don't have much hope for the future of projects inspired by this fanaticism, and its continued spread may damage real researchers in this field for many years. Among these technology projects, some have succeeded and some have failed - that's how technology evolves. The people who design these systems have shortcomings just like you and me, as well as these projects. Some projects are very suitable for some usage scenarios but not for others. Some projects are not suitable for any usage scenarios, and none of them is suitable for all usage scenarios. Discussions on these projects should focus on Technology in order to develop the field of research; the inclusion of religious fanaticism in these projects will certainly harm everyone.
33  Bitcoin / Bitcoin Discussion / Re: Bitcoin could've been created by the US government...Coincidence? on: February 22, 2019, 07:16:33 AM
From the perspective of history and nature, no matter how cruel and vigorous the rise and replacement of the empire, how fiercely the competition between the state and the enterprise and the individual is, how hideous and dangerous all private desires and motives are, as long as innovation and development are carried out, they are ultimately transformations and advances of the human society as a whole. And the hand of nature, there is always a magic, will all those narrow motives from the revolutionary tend to be transformed into submission and harmony. If so, whether Bitcoin or Nakamoto is an American conspiracy or not, we don't have to worry about it. We don't have to see a once superpower go bankrupt completely to be comfortable. Still firmly believe it, digital money will make the future world more perfect and harmonious!
34  Bitcoin / Bitcoin Discussion / Re: Can you buy National Lottery tickets with Bitcoin in your country? on: February 21, 2019, 08:21:12 AM
Unfortunately, not to mention buying state-run lottery tickets, it is not easy to buy food or drink in our country. Because Alipay and WeChat are too convenient to pay. A roadside stall can be used. No one wastes time converting money into bitcoins or Ethernet shops and then spends it.
35  Bitcoin / Bitcoin Discussion / Re: China banned ICO's not Bitcoin idiots! on: February 21, 2019, 08:12:05 AM
ICO is a strictly prohibited financing act in China, suspected of illegal issuance of token tickets, illegal issuance of securities, financial fraud, pyramid selling and other criminal activities.

Specifically, the first is the illegal sale of token tickets, which is actually stipulated in accordance with the People's Bank of China Law. A token ticket is what is commonly called a disguised currency. The Renminbi is the only recognized French currency in China. Any other attempt to replace the status of the Renminbi, or the same function as the Renminbi, is called a token ticket.

The second is the illegal issuance of securities. The Securities Law has a set of procedures for the approval, application and sale of securities, while the whole process of Token or ICO is not really regulated by the regulatory authorities. Illegal issuance of securities and illegal fund-raising, specifically to criminal charges, may include the crime of illegal absorption of public deposits and fund-raising fraud, the two most typical crimes.

The third is financial fraud. Xu Kai said that some air coins, whose nature may be close to a fraud project, "nothing or the situation described in its white paper is false, the information given is misleading to investors, and the actual project has not really landed, which may be suspected of contract fraud or financial fraud and other criminal liability."

The fourth is distribution. In the process of issuing and selling many currencies, if the following three means are adopted at the same time, it will probably constitute pyramid selling: the first is called "pulling people's heads"; the second is called "hierarchical payment"; and the third is called "entry fee". If all three conditions are met, it is pyramid selling.
36  Bitcoin / Bitcoin Discussion / Re: Google keyboard enables Bitcoin symbol on iOS on: February 21, 2019, 07:55:33 AM
So adding bitcoin symbols to the Google keyboard is a step closer for the tech giant to support bitcoin. At present, Apple has not officially enabled bitcoin symbols. In addition to Apple and Google, other technology giants such as Microsoft are increasingly supporting Bitcoin. Microsoft products allow users to insert encrypted currency symbols by entering 20BF and ALT.
37  Bitcoin / Bitcoin Discussion / Re: Elon Musk calls crypto “quite energy intensive” on: February 21, 2019, 07:38:48 AM
We also know that POW has a lot of problems in the waste of computing resources. At the same time, it should be too demanding for the calculation of mining machines. So the algorithm we are going to talk about today, called POS, may be familiar to many people. His full name is Proof of Stake. In translation, it is actually called stock certification. What does this mean? Simple. In fact, if you deposit your assets in the bank, you will get the corresponding interest every month. In the digital world of block chain, that is to say, the time you deposit your digital currency and the time you deposit it in the digital currency will determine the interest you receive.
38  Alternate cryptocurrencies / Altcoin Discussion / Re: Samsung confirms the rumor! on: February 21, 2019, 07:03:56 AM
With the interconnection advantage of the Internet of Things, the control of different devices in different industries can be realized only through a smart phone, which also means that with the continuous development of the Internet of Things, smart phones will become the hub of the Internet of Things. In the interview, the author heard a similar point of view many times from different guests, that is, "digital encryption currency based on cryptography represented by bitcoin is very suitable for use by robots, and will become the payment mode between intelligent devices when all things are interconnected."

Technological giants may be turning such sci-fi scenes into reality. Samsung officially announced that it will hold a new product launch on February 21 this year, and Galaxy S10 will officially appear, so let's explore.
39  Bitcoin / Bitcoin Discussion / Re: Ukraine - man arrested for stealing bitcoins and altcoins on: February 18, 2019, 07:19:02 AM
Bitcoin exists on the Internet, and there is no central bank to help you keep accounts. At the core, Bitcoin is based on cryptography. You have to rely on your own secret key to get money.

Each person has a unique key string. In fact, it is the only string in the whole world and universe.

Bitcoin networks only recognize "secret keys" and do not recognize people. The system does not have a phone number to retrieve, nor does it bind to an ID card.

So, when bitcoin is stolen, the secret key is actually stolen. After the hacker successfully attacked, the user's secret key was stolen.

Then use the user's password to transfer the user's bitcoin to his pocket.

So the question arises, how can a good secret key be stolen by hackers? Who should take the responsibility for losing the secret key?

First of all, it depends on who keeps the secret key. The custodian has a disadvantageous custody and loses the secret key. Naturally, it is the custodian's responsibility.

In general, the personal computer is attacked by hackers and the secret key is lost, which can only be considered unfortunate. Therefore, we are required to strengthen personal safety awareness.
40  Bitcoin / Bitcoin Discussion / Re: Bitcoin investors now moving to gold on: February 18, 2019, 06:59:53 AM
The first advantage of gold is that the banker factor in the gold market is so weak that it hardly needs to be considered.

The second advantage of gold speculation is that gold financing is a sharp hedge against inflation.

The third advantage of speculating in gold is that gold can be used as the most advantageous means for people to protect themselves in the event of a credit currency crisis.

The fourth advantage of fried gold is that it is easy to preserve for a long time. Storage is a very difficult problem for general commodities, because physical and chemical forces of nature can make general commodities change qualitatively and destroy their value.

The fifth advantage of gold speculation is that gold speculators can speculate around the clock, with many opportunities. The gold market is an open global market, and even the regulated regional market is inextricably linked with the international market. A gold speculator can participate not only in the investment of physical gold, but also in the investment of account gold.

The sixth advantage of gold speculation is that the tax burden of gold investment is extremely light, which can be considered as the lightest investment project in many countries.

The seventh advantage of speculating in gold is that the transfer of property rights is extremely convenient and inheritance tax can be avoided.

The eighth advantage of speculating in gold is that it can use the gold purchased as collateral. It is no exaggeration to say that gold is one of the best mortgages.
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