Stocks are centralized and Bitcoins is non centralized investments , even though they might serve the same purpose their correlation is not established with 100% certainty.



This is a graph for back in 2019 , as we can see here , stock , Bitcoins , gold , they are very important but at the same time they don't mirror the movement of each other .

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BTC and ETH on the other hand are an asset that mirror the movement of each other strongly.


{Images directly taken from google}
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I do think what you are saying might be a problem , since mixing the centralized market with the non centralized one and that too the commodity market will not only be weird , it would also be unnecessary .

I really don't get the whole idea , you might try and maybe represent it more using a graph ? 

https://www.coindesk.com/nearly-60m-in-bitcoin-moved-to-ethereum-in-june

As the topic suggests:
Nearly 60M $ worth of Bitcoins were moved from BTC to ETH and that's alone for the month of June .

Research suggests that :
ETH is the most popular off-chain destination for Bitcoins

I do think some of you might be worrying that this would decrease the price of Bitcoins and such but the author explains very clearly how it's making a synergistic effect on both the cryptocurrencies.





Therefore what we can infer from this new is :

•Both BTC and ETH are supporting each other , BTC being the first choice of the investors and ETH having a more varied applications.

•Competition is not always a bad thing , the cryptocurrencies might as well coexist without having topics like : What's better BTC or ETH?

What do you guys think about it ? Worth noting or just unnecessary?

This is what the government thinks .

They cannot let people possess something that might give them the power of free will , but I would like to state some points here :

• Why only 10% Bitcoins and cryptocurrencies are engaged in bad activities ?

• Why are we forgetting that Bitcoins are semi-transparent, one can very easily store all the information online forever , which can be check again by anyone.

•Making the market and people free is not necessarily a bad thing , only 0.7% of people are behind bars , now let's multiply it by 10 because we know how less the real victim gets convicted , then again we will get 7% ! That's less man , other 93% of the people will use this opportunity to fight against the government oppression and Corruption.

•When we are talking about the super high prices , why do you feel that it's not good for us ?
One can always purchase Bitcoins in any fraction possible , therefore it's not like it would be a problem for you or anyone else , it would only help the people who are engaged in Bitcoins since the starting , even traders would be able to take advantage of this opportunity.

•I do believe that it was created not as a form of payment for a little cup of coffee , but rather for the big transactions mainly and investment ofcourse. (Trading is +1 with the volatility)

I do think we all understand one thing and everyone have one thing in common : We are fed up of the current economic situation and also of the way the government dominates the market in the most unfair way that most of the money goes into the pockets of rich people.

We have long read about the gap that is between the rich and the poor and with time it is only widening , the Corona pandemic have proved that the Current system is not only inadequate but it is also unfair for the common man. We need a lot of change in the society and the way the things are handled perse ~

I do think one can very easily trust the cryptocurrencies because they are not owned by anyone but they are Owned by YOU! Therefore it is in your hand how you use this freedom.

You might combine this with your amazing business idea and earn millions or you might sit there criticizing it when you don't really understand the reason it was created.

Unfortunately I do not think it is a good idea to do something like that 😅 , here are the reasons why I stand with my point:

•It would need permissions of both the parties and even if one declines nothing like this could ever happen.

•There would be problems regarding the system that we have right now here , you cannot just copy exactly everything , it would take a lot of time which would mean that for a while the whole forum will be inactive.

•It will need a techno expert , a lot of time plus permissions of not only both the parties but permission of the members registered here too to use their personal data .

•I do believe that forum is pretty simple and all this might result in some privacy problems.

•You should know that even if the domain was sold to any kind of person who personally might and might be goal oriented in terms of cryptocurrencies and such , he or she won't ever create problems for the forum , it will still work fine .

• Do you ever think that Cobra would ever hand it over to someone who would destroy the whole thing ??
  

I might agree with the idea of a backup but then again it is technically unnecessary right now and would need a lot of time and effort for the same.

Right now I agree with you that it's working just fine.


The content is what makes the domain significant!! There are people here working for the benefits of others , there are companies and firms here coming forth to provide solutions and alternatives.

It's NOT THE DOMAIN , it's the people who matters .

Okay , let's face this, the trade industry kind of in a turmoil between the two nations , but at the same time it is supposedly a good thing :

•Bulbonic Plague is reported in China
•New Pandemic potential Swine flu virus was reported last week

I do think it's time we stay safe and if needed , ban the trade . Chinese products don't have much shelf life and are most of the times just used because they are cost effective. India can very easy employee their population for new industries and start producing things inside their own country.

They have millions of people who are in search of job and resources can be used Efficiently.

This fight is endless , they are fighting a cold war since ages and sooner or later were bound to have problems visible to the whole world. Right now we can only hope that they don't go into War , sign a peace treaty and leave both sides undisturbed.

War should never be an option.

I do think the companies have to realize that Blockchain is not some scam or something that people use to do illegal activities, at the same time they have to encourage students in the university to take up blockchain as an assignment , to learn something about it, see how it works .

It's not a new technology, it was envisioned far back in the 1900's , the whole idea is to make the system more transparent. Companies are working on outdated softwares , Blockchain is something that is more secure ,plus it does have a lot of applications in companies itself.

I do think it will all start with : Introducing Blockchain positively, the news companies don't do justice to blockchain and cryptocurrencies.

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I am not fond of Cannabis and other drugs but legalizing them would mean that the government will be able to track them somehow , because let be honest , even if the thing is illegal, time and again we see people using it in a much worse circumstances.

Blockchain could store that data and provide safe and controlled alternatives to people .

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Virus is not temporary it is going to stay just like common cold or HIV even years from now.

Vaccine will come for sure , there is no reason to believe that it might not , but it will come with some delay for sure .

V-shaped recovery is actually false , the government at many places are not letting citizens test , happened to my family , my cousin had all the symptoms but the doctor advised him to stay inside the house and just lock the gates.

Deaths will obviously be low since with time we are able to get a grip on the virus plus there are medicines which are out for the trial , I do think it will all be better in the near future.(but the virus is evolving)

That Easter thing was a stupid statement by Trump .

Then again he cannot do another stimulus check , there is not much left in the government funds and if they keep printing money , they will loose the same amount in the value affecting the economy.

Unemployment is in millions.. on the official website of the government it's stated 20-30 times lower than what the situation is.

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Never believe in statements given by Trump , he is the biggest threat to the American economy himself. Even the financial advisors believes so.

They are lying not to make sure that people don't sell , they are lying because:

 •They want to prevent problems with the general public if they really knew the situation , but at the same time they are threatening the protesters , even the stupid president himself is posting Tweets to identify protestors from BLM.

•They are trying to prove that the government did not fail :3 which it clearly did ( the queen should have done the needful while she had the chance )

See I do think that we should understand that most of the people around the world does not have the need to do something illegal to obtain something since most of them are in working class , working 9-5 jobs, earning , without much knowledge about cryptocurrencies.
In my family personally only 1-2% people know about Bitcoins , rest thinks I do something weird on the internet . Therefore these privacy coins are being used by very less people, maybe the people who do want to stay away from the eyes of the government because of some issue, some want to hide their financial situation and get out of paying taxes .
Right now I don't think that the government will out up a hunt for coins like that since right now they have much bigger issue right in front of them , after all this they will try and regulate those coins for sure . They might introduce KYC , employee people to take care of the online issues and that is much needed since we cannot always trust that people will make good decisions.

I do think you don't understand the reason why Bitcoins was created. It gives users the freedom from the clutches of corrupted centralized economic system , enables them to own something , protects their privacy and at the same time gives them an opportunity to earn money through trading , which is more or so more profitable because of the higher volatility as compared to fiat.

If we do go according to your way of thinking then , I do think even money would be boring for you now , since everyone owns it.

It was not introduced because it was supposed to entertain people or let those selected few who owned some Bitcoins feel special and different.

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https://medium.com/bitcoin-blockchain-explained/why-was-bitcoin-created-20ab3a65d952

Would be beneficial if you would read this article.

First thing , This is not even in the category of one of the biggest crisis ever .

Do you know HIV/AIDS , killed 36 million people back from 2005-2012 ? Whereas Flu pandemic killed 1 million back in 1968.

Corona Virus right now killed 533,773 people in the whole world. The only problem we have is it's Infectious nature. Corona Virus is not the worst but unfortunately people do not want to wear a mask , even though we are well aware that , masks can prevent the forthcoming wave .

I do think we should also stress on the point that *It could very easy have been prevented* , right at the source , it would have just stopped at the epidemic then . The carelessness of the government plus the unnecessary restrictions that China did put in the beginning when they were asked by various countries , for the evaluation of the COVID-19 , did prove to be fatal to the whole world.

Even now we have a new swine virus with pandemic potential and I do think it is not the worst crisis ever but can evolve in one , if they do the same mistake with this virus , plus if the countries like India and China , continue to increase their border tensions creating another War , whereas if America continues to attack it's citizens with so called *peaceful* tear gas , continue to allow police brutality, soon enough people will overthrow the government.

We might as well get ready for a World War + pandemic + government against it's own people, hopefully the peace treaty won't be broken and things will stay normal, New-Normal.

Fact : Most wallets now allow the Bitcoins to be passed on to someone else.

Therefore if you are able to unlock his mobile you will be able to talk with the wallet companies and such about it , surely there will be someone who did knew about his password and therefore it would be easy for someone to do it .

I do think you should not tell about it to anyone except his parents.

DO NOT TRUST ANYONE

But then again you cannot go there on your own and so I would suggest you to just wait it out when you can travel or if he has a brother or sister let them do it .

It is a very critical matter and I assure you the wallet company will understand too .

So I do think there are only the following things that can be done:

•Physically meet his parents and check his mobile then encash and transfer it into their parents wallets

•Ask help from his siblings

•Talk with the wallet company , you should know that much at least.

I do hope everything goes well , his parents went through a lot at this time , they lost a lot , this would at least help them financially , plus I would like to send my regards to you and his family.

He is in a good place don't worry.
Thank you for helping him out even when he is not here .

Well I do think we should be aware of the fact that all the transactions are hosted on a Transparent network where people can very easily go and check where the money is going .

BUT

If you do use services like ones provided by sites like blender.io and stuff , you can very easily shuffle that address , which would mean that it would be very hard for you to track the receiver , then again you have to pay the fee there but it's not much if you are trying to protect your privacy.

At the same time you can use hardware wallets , paper wallets , or the wallets which do not require KYC. Even the government have now made the KYC a requirement for the people for major wallet companies , one can only imagine , how much they are tracking about us.

A quote from Bitcoin.org

I wanted to go with something like the online Vegas.
I specifically liked the idea of the gamcare , after researching about the website I do think that more sites should include something like that .

* Responsible Gambling * people should lead with that instead of just gambling .



I will modify the painting later if I got some time.







It was inspired by the most extravagant casinos around the world , I personally love the architecture , the concept of a man made lake flowing between the buildings.

Thank you

Username : fiulpro
Profile link : https://bitcointalk.org/index.php?action=profile;u=712353;
Current post count : 2634
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Quality of posts are always taken care of
Would change the signature and Avatar if deemed eligible enough.
Thank you

{I am fully aware that there are numerous topics regarding the same but for once I wanted to create a discussion where we can share our thoughts and information regarding the same }

What is Quantum mechanics?

In Physics we generally learn about Macromolecules , whereas the atoms and it's constituents have long been a tough choice for the physicists and chemists to go into , but back in the 1900's Richard feynman said If you think you understand quantum mechanics you don't understand it at all. It was a very powerful statement back then , even right now we can never say that we know an atom fully .
Quantum mechanics works on those tiny atoms , using them to solve something in 200 seconds which otherwise would have taken 10,000 years in the worlds fastest computers.
Limitations are many when we talk about normal computers but quantum computers have just started evolving.

Why should we worry about it?

All the messages , all the data and especially Our wallets, everything can be hacked in a matter of seconds if the person has computational power of a Quantum computer.

Things to consider here:
•The superconductors inside the quantum computers works on -273.15°C therefore there is no way a common man would possess some high maintainence thing like that.
•They would cost way more compared to normal computers , the cost of one computer would be in billions.
•They won't be compact and would need a lot of room
•The person using it itself needs to be certified and trained in the same.
•They mostly would be used for the pharmacists , chemists and other sectors , using them to hack wallets ?? Not so sure.
•If they can do that much damage the government will never allow them to be of use of general public Because their sites are way more vulnerable than cryptocurrencies.

I understand the problems we might face if they are out in the public , but it won't happen for another 10 years , plus not everyone can afford it .

Therefore I do believe that we have 10 more years to improve the cryptocurrencies , to improve the blockchain.
Maybe even we can integrate Quantum mechanics in the mining machines ? It would be financially not a right step but for people and companies who can afford , they will be able to make it way more secure than anything.

What can defeat a Quantum computer is a Quantum computer itself , therefore my idea might seem vague but I do think we can get there , what would be needed :
Investment
Knowledge
Time

There are Mining companies and industries which could afford integrating the Quantum mechanics in their normal machinery. One machine alone could do work of 100's plus this way we can even reduce the time of sending Bitcoins from one wallet to another, without compromising the security.

What do you guys think ? Is it worth thinking about ?

 
 
Username : fiulpro
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Current post count : 2632
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Quality of posts are always taken care of
Would change the signature and Avatar if deemed eligible enough.
Thank you

The lightning node is the fastest one out there and therefore if you are thinking of doing it you should actually consider these two things :

1. Fee is very less
2. Applications are actually more in day to day routine.

Even though the fee of the lightning network is very low , for example if a cafe runs and accepts Bitcoins , they would use the lightning network , so even if 100 customers come , you will maximum earn very little. It can be taken as a means to help Bitcoins and make them more acceptable to general public.

But then again Lightning network is not considered as safe as the Blockchain .


https://medium.com/suredbits/lightning-101-why-is-the-lightning-network-secure-cc1093e392d4
^ This actually contains all the information about the lightning network if you want to know .

Thank you so much for the kind words and as always timely payment .

I wish the firm success and hope for the safety of the whole team , have a nice day everyone stay safe.

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See the members already stated , I understand that you want to earn Merits to rank up and it is really hard , but I do think you do realize the importance of quality too .

If you are doing stuff for earning merits I do think you should not post it in a topic where we are encouraging new people to learn and to motivate them .

I do think you should just learn a lot man don't worry , plus this topic is specifically for new people who have very less merits , but are trying to write good posts . Therefore if you want to earn some , you should really submit some good ones .

Plus I did give some merits out today too , I will make sure to update the list as soon as I can .

I do hope everyone stays safe .
Thank you again for helping me out here @Daniel and @Ddmr .