Google’s quantum computer is allegedly more powerful than the world’s top supercomputers and the performance proves just that. The quantum computer completed a calculation in 3 minutes that would have taken IBM's Summit, the world's most powerful commercial computer, 10,000 years to complete. https://interestingengineering.com/google-says-that-they-have-just-reached-quantum-supremacyQuantum computers are a threat for many blockchains, including BITCOIN. Are you guys scared? Is this the gov's hidden ace against bitcoin since they can't force people to stop using it? Businesses especially those who are in trading industries and involves financial transactions as their services or for their services. There are also non-financial businesses that uses and accepts bitcoin like: Microsoft, Wikipedia, Expedia and overstock which has a reputation in the industry. The government might see it as a threat to them and to their power because of cryptocurrency's and bitcoin's decentralization. Now, there are many fuz and news that is spreadung and says that quantum computers are already here and has the ability to break the decryption that blockchain has provided. And if people believe it, there's a tendency that they might creep out and abandon crypto space, and that is if enthusiasts will believe it, but they know more than that and knows that quantum computing overthrowing the existence of bitcoin and blockchain is far to happen. |
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In my last post, I was asking why the Blockchain technology isn't adopted as fast as we suppose. I got a lot of replies which did not only enlighten me, but also enlightened others. It's cool to have lively people here. In this post, I'm asking a simple question. Since we've come to understand that some people consider the Blockchain technology and cryptocurrencies to be scam and some other stories, what have you done to help promote the Blockchain technology and cryptocurrencies? How many people have you introduced them to? How active are the people you introduced?
Many are still uneducated and not enlightened about blockchain technology and k for people, especially the older generation is still stucked with the technology they started to use and is not open in learning newer ones so the adoption of blockchain technology in terms of the generation older than the crypto enthusiasts right at this moment is kind of slow. So for me to contribute to the massive adoption, or if not, at least give knowledge and illuminate my circle with the words of blockchain technology and cryptocurrency, I am sharing articles on my social media accounts about blockchain and bitcoin, even talk to my friends about it. Lastly. the application. I am using bitcoin in any way possible cause I know big changes starts with little actions and changes from myself. |
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After doing my research, I found that as of August 2018, there were over 1,600 cryptocurrencies. Presently, I'm sure that there's a great increase in the number of cryptocurrencies. This is because almost every time, new cryptocurrencies are created. With this and some other improvements, it is obvious that the Blockchain technology is really spreading. However, a lot of people have little or no idea about the Crypto world.
I was really surprised when I realised that only about 8% of Americans own Crypto money, and they are mostly men.
Some say that the Blockchain technology isn't really going as far as it should because most users don't really confide in others.
What do you think is the reason why the Blockchain technology isn't adopted as fast as we suppose it should?
Blockchain technology is most adopted and known in cryptocurrency for it provides the privacy, security and safety of the transactions, assets and everything that necessitates crypto space and is performing very well. At this time, there are lots of new applications that uses blockchain technology, there are around 17 applications that uses it and it includes Asset management: trade management and settlement, Insurance: claims processing, payment: cross-border payment, unconventional money lenders and traditional money lending. As you can see that the following given are related to financial aspects which needs more of privacy and security. |
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In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.
I would suggest that you keep a strong patience and set tight. Market will recover itself.
Do you think that i am right? Go ahead and share you thoughts about the current market situation and your point of view.
Absolutely, in everything we have in life nothing is really permanent and there's so much things that will happen unpredictably, change is inevitable they say, this principle also applies in crypto space because the market isn't controlled by anyone but is affected by traders, enthusiasts, and investors action within it as a whole. Aside from the assets that you'll be bringing inside and will use for transactions, it's your patience and faith that yiu shouldn't forget to have with you, because if such movements and changes in the market price happens and got you already affected and panicked then lead you inti making impulsive decisions then you might mess up everything you have and contribute to the unpleasant changes in crypto space. |
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We know that Bitcoin celebrated its 10th year anniversary this year and for the past many years so many things had happened especially with the birth of this new and trending cryptocurrency industry. In a short period (as compared to the fiat currencies we have around) of time, Bitcoin was able to achieve many things. Yes, Bitcoin is not perfect and maybe it will never be but with its accomplishments at hand, we have a lot to celebrate actually.
Now, Bitcoin is starting its journey for the next 10 years. There are many challenges and maybe even negative developments that can severely affects its viability but at the end of the day I am sure that Bitcoin can be able to weather them all.
How do you see Bitcoin 10 years from today?
10 years from now I see bitcoin still kicking and is co-existing together with other cryptocurrencies and still beating the heck out of traditional currency. 10 years is actually short and if bitcoin managed to climb up the ladder to the top and be the king of cryptocurrency 10 years before where technology, adoption and knowledge about it isn't as good as technology, adoption and the knowledge about it will be after 10 years. The performance of bitcoin during its 10 years of existence has been obviously great especially during 2017 whennit experienced and reach its biggest bull run, the only thingbthat hinders it to have a massive widespread is the weak adoption due to lack of information that reaches non-users for them to be exposed at crypto space. |
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I would love to have a general conversation around mixers and if they are legal. I've heard both sides. Would be great to have someone involved in the legal side of things like Ciphertrace or a regulator to shed light on this topic
Mixers was viewed illegal because of the scandals and crimes that involved and use mixers upon executing their crimes, giving people the thought that using it is a crime and is illegal. But technically, it isn't. Mixers are actually helpful especially for crypto enthusiasts and people who wants to do a private transaction for their businesses. Bitcoin mixers breaks the links between your address and the other parties transactions providing you anonymity to your identity. The legality of mixers varies with how and where would people use it for. |
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The dynamic situation of cryptocurrency these days in general responded by three ways: selling panicly with the risk of cut-loss in order to save the remaining assets from more fallen, hold the assets and playing save by not doing any trading activities, and view the phenomenon as a diamond chance then buying coins in huge amounts of investments while the prices are low. Of course, those three ways are logically humane and each has their own pluses and minuses.
I am intrigued upon the first two: panic selling and postponing from trading.
On doing panic selling, ones tend to sell their assets in the price lower than in the actual price. The main goal is to sell their coins faster to save themselves from the worse situation, without consideration upon the impact of their behaviour towards the market in general.
Meanwhile, ones could also hold their assests and postpone from doing any trading activities, in order to keep their assets safe and even maybe went on hiatus from digital assets bussiness while waiting for the bullish days to be back. They don't want to sell their assets in low price, but the act of not doing any trading is logically also has impact in general. At least, it is contributing on slower the trading traffic.
In your opinion, which one is the worse way among the two?
Although they both have the disadvantage, I think Panic selling is worst amongst the two. What mainly drives this kind of action is emotions that keeps on meddling with our trading activities when in fact its the last thing that we need, we need more of our gut feels than our emotions. Panic selling is irreversible so if you've sell your assets to an unreasonable price then market price did an unexpected move going up, your act will lead you to your biggest regret. |
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Add ko lang, everytime na ginagamit ko yun Gcash card ko sa RCBC na ATM walang syang kinakaltas na 20php para sa transaction fee, I hope makatulong to sainyo kase sakin malaking tulong to, dahil madalas ako mag withdraw gamit yun card ko  Feedback nalang kung sainyo din gumagawa pag sa RCBC ATM nag withdraw |
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The fact that it was listed as one of the analysis that is being used by traders and enthusiasts, means it's not completely bullshit, but it might be one though. The price evaluation it does could help together with the statistical trend and trading activities they gathered to find trading and investment opportunities that enthusiasts might take and use as their guide in trading or investing but they can't just fully rely on technical analysis for it's not a hundred percent accurate and might fail at times. |
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I always feel that it's very intense to trade. I have been trading crypto for two years now, but find it's still difficult to get used to all the constant price fluctuation. I decided to write an article about this topic, including solutions to make sure your trading becomes more rational: https://steemit.com/cryptocurrency/@wickcrypto/an-emotional-guide-to-crypto-trading-why-paper-trading-is-uselessFor example, using some simple tricks you can remove a lot of the emotion out of your trading. I trick that helped a lot was as simple as changing your color scheme in Tradingview. I don't think I am allowed yet to post pics on this forum, but you can check it out the big difference here:  What do you think? Do you have some more tricks you use against these emotions? Also, it was the first post I made on Steemit so far, I'm very open to hear any feedback about it! Cryptocurrency market has lots of ups, downs, twists and turns therefore as a crypto activist, enthusiast, trader and investor you need to stay still and remain unshaken by the changes that occured and may occur, And being too emotional is the last thing you need to carry with you upon entering cryptocurrency space. The only time you're gonna make a profit out of emotions is if the emotions you're going to use is other's to convince them do things that will go your way. |
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if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
Nothing could ever make you safe in investing is your ability to decide and criticize everything carefully. The following tips could contribute to your safe and successful investment. There are lots of scams spread around just waiting for fishes who will be fooled with their bait so aside from those 5 tips, you could try to think like how the scammers are thinking therefore you'll know what kind of patterns they would use, think.of the things that a scammer might do to caught your interest and take your investments. |
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It's been a decade since Bitcoin emerged as a decentralized digital currency for the people. While it's no secret that Bitcoin and other cryptocurrrencies have some drawbacks, they're still a great alternative to Fiat when it comes to making payments without a centralized entity in charge of our funds. With latest advancements such as DAGs, smart contracts, Layer-Two scaling solutions, Dandelion Protocol, Zero Knowledge Proofs, and more, it's becoming more evident that crypto will someday replace traditional payment processors like PayPal, Apple Pay, and Android Pay. Yet, Blockchain technology is still struggling with user adoption and regulatory compliance. Nonetheless, do you believe that there's hope for Bitcoin to beat traditional payment processors or will those same payment processors adapt to the Blockchain in the future?  Amongst all the tradable assets to watch for the past years, It has been bitcoin who stayed fascinating over any assets because of the heights it has been reaching making the cryptocurrency market sort off already knew what they will characterized with its volatility and ebb that's why questions like "Will bitcoin replace traditional assets in the future" is being raised, because it has been producing a very good reputation. But, despite of the growing number of crypto enthusiasts, the call for a massive and emerging adoption to bitcoin is still alive because its where the hard part is located. If the large adoption that enthusiasts, traders and investors will take place, the probability of replacing traditional assets will be high. |
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Hello, Are You all also comparing your trading ideas with other traders ? Mby with some ''pro'' trader TA and signals ? I have been doing that and the outcome is really good. I feel more comfortable to enter trade, if im able to check bunch of trader ideas + learn something new. Before I started to compare and check other trade ideas , i was failuring quite often - either I didnt enter trade, as i was not sure about right way or it was completely wrong and trade went to the opposite way. So after few failures I did join one of ''signal groups'', of course it failed as well , as provided signal results in FREE channel where fake and signals + TA in VIP, was just total waste. After some time i found leakers , for the same price what i paid to one group - now i have 70 or even more, didnt count. Entered them only because i saw TRIAL , and deam... there was so much information, TA , ideas and much more, that after trial i joined them for 1 year memebrship. And im happy that I found invite to their server , somewhere in bitcon forum. Now im comparing my trade ideas with many TOP trader TA, signals and their thoughts. Im not following any signal what they offer , im just there to compare and learn something new - they even have many leaked trading courses, found them very useful. But I know guys in their chat , that follows signals even on blind , with no knowlege in crypto - and even they are making profit on trades + some of them buy their copy trader and just forget about crypto for month and then check their profit in binance or bitmex. Planing to try their bot as well, as im going to vacation - so will rest from everything. Let me know, if You are also comparing trade ideas with others and where? If you want to know the place where I brainstorm ideas , then here is invite to their server : You can get free trial: https://discord.gg/3XcGV6NGood Luck in trades! Yes, of course. In fact I''m not contented with just comparing my trading ideas and strategies from other's, I would ask for their critics and ask them to suggest some ways if I they do have some. I am asking for their stand about my idea and strategy because although self-reliance is power, knowing other perspective and knowing how my ideas look from other's viewpoint is still essential for me so I will be able to provide a room for improvement. If you happened to hear about the saying that says, "Go alone, and you'll go fast, Go together then you'll go far" it's meaning best represents this instance. |
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As per the latest, Google has reached Quantum Supremacy. Meaning it could potentially decode an entire blockchain and... YOUR PRIVATE KEYS... Blockchains are secured through elliptic curve cryptography (ECC), just like encrypted user data and website traffic. Now the issue is that ECC is NOT "quantum-safe" meaning that a quantum computer could theoretically decrypt a user's private keys and forge transaction signatures. Is this the end of Crypto? I don't think so, but I'd love to hear your opinions too! (Especially the opinion of a cryptographer) source https://www.coindesk.com/what-googles-quantum-supremacy-means-for-the-future-of-cryptocurrencySpreading news, articles, or anything about quantum computing going to crush down blockchain because of its ability of decrypting private keys and breaking blockchain supported security might affect bitcoin's reputation and users for it might deploy panic and scare to investor, traders and users. Because one of the biggest asset of bitcoin is the anonymity it gives to every transaction and user's addresses, and losing it might affect bitcoin big time. But, this claim could not be possible if people behind blockchain will take an action to counter the threat. |
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 This chart is showing you the top 200 coins performance against bitcoin. It's clearly who is outperforming here. Bitcoin is the king of crypto. Alts got rekt specially when bitcoin made a move like Jagger on the 1st April. But that wasn't april's fools day! Or was it? source https://twitter.com/woonomic/status/1161320822344179720Altcoins can't still seem to dethrone Bitcoin from being the King of Crypto space, first of all bitcoin being very beneficial and convenient for traders, investors and businesses pushed them to prefer bitcoin over altcoins, although not a hundred percent of bitcoiners are using it, but it could be actually 90% way back the time where altcoins aren't that known, and bitcoin is enjoying its dominance. It is shown in many statistics that bitcoin remained un-affected even if the volatility is expecting high trend and even surpassed other assets like gold and yen. |
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So, Mixers provide service of shuffling bitcoins or provide addresses loaded with bitcoins along with private keys. In short, they provide service so to create anonymity between sender's and receiver's address so that no one can trace the transaction.
My question is why not use Exchanges? When we deposit funds on exchange, bitcoins get deposited on exchange's cold wallet. But when we withdraw funds, withdraw gets processed from exchange's hot wallet. So in short, it is very easy to do anonymous transfer by depositing funds on exchange and withdrawing to other addresses. Why to pay 1-3% fees on Mixers when it could be done for much less on Exchanges. Exchanges like Binance charge just 0.0005 BTC to process withdrawals.
Both exchange and mixers are essentially helpful and has its purpose, choosing it will vary according to its purpose and where you're gonna use it, if you're planning of investing, trading, or you want to have a high-powered and reliable security, i think uou should use mixers because it will actually break.the link of your address both the reciever and the sender making it untraceable together with making your privacy key private as it said. , if your gonna have a simple life in crypto you can use exchange instead. |
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Why bitcoin is successful? Why no other crypto currencies are able to even come closer to it? We often look for the answer of these questions. The twitter handle of CryptoKanoon answered it and I can't resist myself from sharing it with the fellow community members. The tweet says, No head
No funding
No employee
No PR agency
No Social media
No advertisement
No board meetings
The only reason which made #bitcoin succesful was the purpose and that was to help people overcome their sufferings. I don't think of anything better can be answered against those above mentioned questions! Want to beat it?? Original content link: https://twitter.com/cryptokanoon/status/1132223935058042880No questions raised, bitcoin is enjoying its dominance in crypto space because of the reputation it planted through out the years of its existence, and no alternative currencies has been overthrowing it from its position. Looking at the convenience it offered the crypto space, who wouldn't to have it and use it as their currency for their transactions. Peoples freedom to fully control their money is the biggest reason of the dominance, and the anonymity of every transaction laid by the blockchain technology will also add up to everything that convinced the traders, investors and businesses to patronize bitcoin. |
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Losing bitcoin has a significant effect on the market itself because it will preserve the price and will decrease the chance of dumping. Because the lost bitcoin address that contains bitcoin will be there forever. So in terms of the supply of the bitcoin, it will be great for the market.
Many coins are having that same Agenda. They are offering masternodes so that you will store your coin and have a daily dividend, with that you will help the market value of that coin while earning every day. So it's a win-win situation.
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After 10 years, I see bitcoin completely different and incredibly expensive. Perhaps bitcoin will not be the most popular but still the world currency
What do you mean by "completely different"? Bitcoin will still be the same bitcoin 10 years from now and will be the same cryptocurrency. The only thing that I think will changed about the bitcoin is obviously the price, because I am sure that in future there will be more investor and user of the bitcoin as mode of payment or even exchange. |
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I lost more than I won with a dice game, it`s my overall rating. I tried many different strategies, I searched for them everywhere, google, youtube, but whatever strategy I use I stumble, losing streak hit`s me sooner or later on any odd. In the past months, I don`t play dices, I like the crash game much more. I like to chase high payouts, like over 10. It`s more interesting to play crash, gives me much more excitement, following the ling going up and thinking to cash out or to get busted, and the higher it goes more excited it is.
I think the dice game is one of the hard gambling games we can win and it needs more strategies, and of course luck to win. Without luck, you will not be able to win, and moreover, you will lose your money anytime. No matter if you use so many strategies, when your luck does not come, you will end by losing the money. You should learn that and don't use too much money because of chasing the win money. When you can realize that, and you can prevent the big loss, you will have a chance to play another game in the next days. Indeed, dice game is one of the hard gambling games but strangely it is one of the most popular games to play. Players are hard to get profits because of the house edge so to beat the house is not easy and we only rely on luck also must be smart to control emotions. My strategy regarding dice game is basically If I lose, I will double my bet until I win. The dice game is tough to win, but if you have patience and an effective strategy, I am sure that you will always win. Your winning will not be that big if you will use small capital, but I am sure you can have a profit. My strategy requires a lot of time basically, I will just run the automatic betting and just run it for whole day. And yes I am always winning |
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