Bitcoin Forum
May 26, 2024, 01:52:25 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 »
261  Bitcoin / Mining / Re: Which mining is good to start? on: March 18, 2023, 09:21:15 AM
The first step in buying a bitcoin mining rig, I would recommend that you do your research and become familiar with the various mining rigs that are available on the market. It is important to choose a plant that is suitable for your purposes, has a good reputation and suits your budget.

Some important factors to consider when choosing a mining rig include:
1.Installation cost
2.Еnergy efficiency
3.Hashrate (data processing speed)
4.Installation dimensions
6.Performance
In addition, I would recommend that you learn the basics of cryptocurrency mining, such as the basic principles of the blockchain, hashing algorithms, the functioning of mining pools, etc. It is also necessary to familiarize yourself with the rules and regulation of mining in your country in order to avoid possible legal problems.

Also, don't forget about the cost of electricity and a cool place to set up your equipment, as mining can consume a lot of energy and generate a significant amount of heat.
262  Other / Beginners & Help / Re: How do I succeed as newbie. on: March 16, 2023, 10:18:10 AM
If you are new to cryptography, there are a few things you can do to increase your level of confidence and reliability in your decision making:

Learn the basics of cryptography. Start by learning the terminology and basic principles of how cryptocurrencies and blockchain technologies work. Many important terms and concepts may not be clear to beginners, so online courses, blogs, forums, and social media communities can be a good source of information.

Don't invest all your money in one cryptocurrency. Diversify your portfolio to reduce the risk of capital loss. Study different projects, their teams, financials and technical specifications before investing.

Never trust your private keys to anyone else. Private keys are used to access your cryptocurrencies, so keep them in a safe place such as cold storage or a secure hard drive.

Explore different ways to protect your funds such as multi-factor authentication (2FA), using highly complex passwords, using hardware wallets like Trezor or Ledger, etc.

Be careful when choosing cryptocurrency exchanges. Study their reputation, regulation and safety. Choose those exchanges that have a high level of security, that regularly conduct security audits and provide protection against hacking.

Don't invest more than you can afford to lose. Like any other form of investment, cryptocurrencies do not guarantee profit. Never risk money that you cannot afford to lose.
263  Economy / Trading Discussion / Re: 1$ per day crypto investment plan any good ? on: March 16, 2023, 10:15:09 AM
Investing $1 a day in cryptocurrencies is unlikely to bring you significant income in the short term, since cryptocurrencies have high volatility and prices can change significantly in a short period of time. However, if you are willing to risk this small amount, then you can try investing in cryptocurrencies.
When it comes to choosing a particular cryptocurrency, the best option depends on your strategy and the level of risk you are willing to accept. Bitcoin (BTC) is the most popular and widespread cryptocurrency, but currently the price of it is quite high and it can be difficult for investors with a small budget. You can consider other cryptocurrencies such as Ethereum (ETH) or Binance Coin (BNB) which also have high upside potential. However, before investing money in cryptocurrencies, be sure to study the market and make your own risk assessment.
264  Economy / Trading Discussion / Re: Taking loan for investment can be life threatening on: March 16, 2023, 10:12:22 AM
Taking out a loan to invest in cryptocurrencies can be a dangerous and risky decision.
If you take out a loan to invest in cryptocurrencies, you risk not only losing your investment, but also having additional debt that needs to be repaid. If you fail to repay the loan, it can lead to serious financial problems, including debt, credit history problems, and even loss of property if the lender goes to court.
Credit for cryptocurrency is like betting in a casino, experienced traders or users of cryptocurrencies will never take a loan for investment.
265  Bitcoin / Development & Technical Discussion / Re: How are transaction fees generated and disbursed? on: March 15, 2023, 06:08:43 PM
Blockchain transaction fees are generated by users who send transactions across the network. When a user submits a transaction, they include a fee as an incentive for miners to include that transaction in a new block. The higher the fee, the more likely it is that the miner will include the transaction in the block.

In the Bitcoin blockchain, for example, the transaction fee is determined based on the size of the transaction and the current network load. The larger the transaction size and the busier the network, the higher the fee should be in order to attract the attention of miners and speed up transaction confirmation.

Transaction fee payments are made to miners who created a new block and included transactions in that block. On the bitcoin blockchain, for example, miners receive both a reward for creating a new block (which is currently 6.25 bitcoins) and for all fees collected from transactions included in that block.

Thus, transaction fees are the mechanism that provides the motivation for miners to confirm transactions and create new blocks on the blockchain.
266  Bitcoin / Development & Technical Discussion / Re: is mining is the process of finding nonce? on: March 15, 2023, 05:59:03 PM
Mining (from the English mining - production) is the process of creating new blocks in blockchain systems, such as bitcoin. Each block contains data about new transactions, as well as a special code called "nonce" (one-time number), which is used to confirm the creation of the block.

Miners use specialized computers to perform complex mathematical calculations that help them find the right nonce to create a new block. When a block is created, it is added to the blockchain and becomes part of the overall transaction history.

Thus, mining is not directly related to the search for a nonce, but the nonce is used in the mining process to create new blocks.
267  Bitcoin / Bitcoin Discussion / Re: Bitcoin as treasure. on: March 15, 2023, 05:53:15 PM
Like any other form of investment, bitcoin can be both a treasure and an investment, depending on how you look at it and how you use it.

On the one hand, bitcoin can be considered a treasure because its price has risen significantly in recent years. Some people think that investing in bitcoin is a way to make quick money, especially if you invested in it early in its history and have a large amount of coins.
268  Local / Трейдеры / Re: Биржа HitBTC ваше мнение on: March 13, 2023, 04:36:33 PM
Стоит отметить, что биржа не лицензирована и не регулируется каким-либо финансовым регулятором, что может вызвать некоторые риски для пользователей. Кроме того, некоторые пользователи отмечают некоторые проблемы с выводом средств с биржи, а также высокие комиссии за торговлю и вывод средств.

В целом, если вы планируете использовать HitBTC для торговли криптовалютами, рекомендуется проявлять осторожность и использовать биржу только после тщательного исследования ее функций и рисков.
269  Local / Трейдеры / Re: Анонимность vs. KYC: плюсы и минусы криптобирж on: March 13, 2023, 04:12:52 PM
Анонимность в принципе это неплохо, но только для тех, кто дружит с законом, ведь как раз таки из-за анонимности, кучу "Нехороших" дел проворачивают в этой сфере злоумышленники. Большинство все-таки криптобирж уже отходят от анонимности, постоянно требуют подтвердить личность и так далее, я думаю анонимность уходит в прошлое.
270  Other / Beginners & Help / Re: investment advice? on: March 13, 2023, 04:01:57 PM
It seems to me that after the hype around crypto-exchanges, about all sorts of offshore companies, you should never keep your savings on exchanges, it is better to use cold wallets. Only the balance that you trade should be deposited on the exchange; in the long term, it is not worth depositing funds there at all.
271  Bitcoin / Bitcoin Discussion / Re: Is the US government about to sell over $1 billion worth of Bitcoin? on: March 13, 2023, 03:26:51 PM
There have been rumors and speculation in the media and cryptocurrency community about the US government potentially selling over $1 billion worth of Bitcoin seized from various criminal cases. However, at this time, there has been no official announcement or confirmation of any such sale.

It is not uncommon for governments and law enforcement agencies to seize and hold cryptocurrencies as a result of criminal investigations. In the past, some of these agencies have sold seized cryptocurrencies through public auctions or private sales. However, any such sale would likely require approval from relevant authorities and would be subject to various regulations and legal requirements.
272  Bitcoin / Bitcoin Discussion / Re: What if a change in people's views? on: March 12, 2023, 08:07:33 AM
If the majority of the population were to suddenly sell all their fiat money and invest it in cryptocurrencies, it could cause significant changes in the financial system.
First, such a drastic shift from fiat money to cryptocurrency could lead to a significant reduction in the money supply in the economy. This could lead to deflation and other economic problems associated with a lack of money in circulation.
Secondly, a sharp transition from fiat money to cryptocurrency could cause significant changes in the banking system and financial institutions. Many banks and financial institutions could lose a significant portion of their deposits and other fiat-related assets. This could lead to the bankruptcy of some banks and other financial institutions.
In general, a sharp shift from fiat money to cryptocurrencies could cause significant changes in the financial system, but such a scenario is highly unlikely as fiat money remains the main medium of exchange in the economy and has the support of governments and central banks.
273  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I buy BNB now? on: March 12, 2023, 07:56:47 AM
I think right now it’s worth buying a little, but not for all the savings, because many predict a recession or market correction even lower, for example, bitcoin should correct to $18,000, many are already talking about this, when the price approaches this value, you can buy on the whole cutlet, because the rest of the coins depend on bitcoin.
274  Alternate cryptocurrencies / Altcoin Discussion / Why did stablecoins (USDC) lose their peg to the dollar? on: March 11, 2023, 09:40:02 AM
Why did stablecoins lose their peg to the dollar and how did this affect or will it affect crypto trading on the Binance exchange?

What caused the suspension of trading with USDC on Binance and why did DAI decrease by 13% against the dollar?

What factors led to the loss of the stablecoin peg to the dollar and how did this affect the value of DAI and USDC trading on the Binance exchange?
275  Bitcoin / Mining / Re: What do I need? on: March 11, 2023, 09:35:02 AM
To connect your Antminer S9 to a NEMA 5-20 outlet, you'll need a power supply unit (PSU) that is compatible with the Antminer S9 and can convert the 240 volts from the NEMA 5-20 outlet to the appropriate voltage required by the miner.

Antminer S9 typically requires a 1600W power supply unit, so you can search for a 1600W PSU that has a NEMA 5-20 plug, or you can use a NEMA 5-20 to C13 power cord to connect the PSU to the outlet.

In any case, you can find these recommendations on the Internet, and then you decide how to connect.
276  Economy / Trading Discussion / Re: Binance.US again in trouble | SEC continues to harass offshore presence on: March 10, 2023, 09:35:26 AM
I mean, this news is not good for Binance.
If regulators continue to make claims, this may lead to them being forced to make changes in their activities or even close. At the same time, such actions may affect users who use Binance to trade cryptocurrencies and the overall stability of the market.
277  Economy / Trading Discussion / Re: Bitcoin trading or Investing in the stock market on: March 10, 2023, 09:31:50 AM
Bitcoin trading and investing in the stock market are two different investment options, each with their own advantages and risks.
Bitcoin trading involves buying and selling bitcoin in order to make a profit from short-term price fluctuations.
Investing in the stock market, on the other hand, involves buying shares of well-known companies with the intention of holding them for a long time in order to benefit from the growth of the company and the payment of dividends. Investing in the stock market requires a good understanding of the economy, the industry, and the company's financial performance.
These are basically two different concepts.
278  Economy / Trading Discussion / Re: Is trading good for beginners? on: March 09, 2023, 07:30:33 AM
Trading in cryptocurrencies can be challenging for beginners, as it involves a complex and often volatile market. The crypto market is highly speculative, and prices can fluctuate rapidly, making it difficult to predict market trends and make informed trading decisions.
However, there are resources available for beginners to learn about cryptocurrency trading, including online courses, forums, and tutorials. It is important for beginners to take the time to educate themselves and to start with small investments while they are learning.
279  Economy / Trading Discussion / Re: Is it legal for our kids to learn trade? on: March 09, 2023, 07:26:21 AM
The legality of teaching children how to trade cryptocurrencies depends on the country and the specific laws and regulations in force. Many countries do not have specific laws governing cryptocurrency trading. It is important for parents to learn the laws and regulations in their country or region and exercise caution when allowing their children to trade cryptocurrencies.
280  Economy / Trading Discussion / Re: Emotion and Trade? on: March 08, 2023, 06:03:19 PM
Emotions can strongly influence cryptocurrency trading decisions due to the volatile and unpredictable nature of the market. Managing emotions and making rational decisions based on market analysis and risk management strategies is crucial for successful cryptocurrency trading.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!