There are two kinds of miners in the cryptocurrency industry. Ones who are running a small business with only 1-2 machines and the others who have big companies , whose revenue depends on the Mining only.

For those big companies , the big miners, it would be far much easier for them to continue to work with cryptocurrencies.

For the small scale miners who are using the renewable sources of energy , even they would continue to work , but the small scale farmers using the non renewable sources and paying the hefty electrical bills every now and then would have to shut off his work .

The fee as the person above me said is 22 times smaller than then block reward . But at the same time Chances of getting the reward aren't really high .

Therefore if the person is able to afford running the Mining machine with decreased wage , he would do so but those who are right now in a big loss would shut down .

But I do think miners were already aware of the fact that Halving will do this to them and therefore they are well prepared in advance.

Hash-rate did decrease , which was very natural to happen but now everything is back to normal again . So no need to worry.

See it is not about the rank actually. As I see your account is old , therefore more or so it's like an investment. You have to be here , talk with people more , learn more , take part in various Competitions and other things.
With time it will all be good .
(P.S. don't tell anyone even am afraid to write posts sometimes 😅 )

When I came here I used to post one line posts . Actually! One line ones , then started increasing the quality of those posts and then deleted all the one line posts and also the irrelevant ones .

Then took part in a campaign where the manager and other people were very supportive. If you are respectful and kind I do think people will help you out . Plus here I have seen such wonderful people helping everyone out .
https://bitcointalk.org/index.php?topic=5252309.0
^ see these people out there are going out everyday to feed hungry families .
https://bitcointalk.org/index.php?topic=5243099.0
See '
People are nice here as long as you don't engage in weird stuff , I would suggest stay away from that .Other than that it's a nice place to learn and share your thoughts.


Exactly'

See I do think that as long as people are doing it legally and are not engaging in illegal activities , they should have the freedom to spend their money as they want.

In my country , it is not legal , but apparently my Teacher used to take money from the students and parents and have his own business regarding that 😂 .

Government cannot control everything .
People can very easily bet even if it is not legal . Legalization would actually be beneficial for the government if they want to track the people and their activities.

It would bring Transparency in the section.

Not to mention it would also protect the people betting and the one's placing the bets by the laws .

Yes , I do think it is really important to be respectful for the members here . I do feel like many people here ignore the fact that one should be kind and it did so happen to me when a forum member helped me out a lot , regarding which I would forever feel indebted.

Therefore I am trying to help people out in the little ways I can and thank you Daniel and other nice people here for supporting me out 🔥.

Well we would never expect such support from the government for sure . That is why I believe cryptocurrencies can change the world itself.

Plus I do think a lot of newbies are reading and not particularly participating.

See we are not after you guys or investigating you deeply , we just wanna help you guys out so feel free to drop your entries here .

* Stay safe and let us work together to end racism *

See Bitcoins is itself good for the environment but when it comes to Mining it does depend on the user who is doing the job , how he is doing it ?
If he is using some renewable sources of energy then that's perfect for everyone , for the environment and for the man itself.

The benefits of renewable sources of energy is two fold:
It cuts the cost one has to pay for the electricity and such , which is actually a lot when it come to Mining . ( Maintaining it is another task but good investment strategy makes sure it does stay for years to come). Secondly it helps the environment A LOT!

I have read some posts made by miners who are thinking of using natural gas or solar energy for the operation.

How good it is .

With just a little bit of investment you will be able to enjoy long term returns and at the same time a lot of respect from the community.

Therefore I do think the idea is real but one needs to consider the renewable sources of energy for the Mining.

Okay few things I would like to point out here :

1. Won't it be more like a long term Holding situation for them ? If they cannot take the Bitcoins out of the wallet and it stays there , then one should understand it would not affect the Bitcoins that much since the percentage of that happening is really low.

2. I have heard about people who are willing to take care of the Inheritance pattern of Bitcoins and such . You can even leave the keys to your trusted lawyer or attorney.

https://keys.casa/bitcoin-inheritance-plan/

I in now way have used these services and have only pasted the url to give you guys an example of the services which can be used by someone who holds a certain amount of Bitcoins which can be passed on .

- Plus if you do read the news one can actually see there are Bitcoin firms who are thinking of doing something like this , since many people are asking for these kinds of services.

In the near future we will have a good company or firm looking into it.

At the same time in most countries Bitcoins is considered as an asset therefore it would be actually easy for the services to pass on the asset , it's not anymore just a cryptocurrency , it is now an *asset* .

Therefore I do believe that in the near future we will be able to go through this easily.

Blockchain is not actually something that will hide your identity, plus Bitcoins is based on this very amazing idea .One can easily verify it because all the data is uploaded and at the same time due to* Consensus * , you do have the opportunity to actually find out stuff about people.

This is why many people do believe that it would battle corruption in the government very effectively.

The thing is , until and unless you are not all set on changing your addresses, using tons of things to make sure your identity stays hidden , Bitcoins is more like a transparent currency  , the thing is ,it is giving people Independence but at the same time it is giving us the opportunity to track how it's being used .

I also do happen to Belive that , It is perfect the way it is .Plus it's applications in the general government is actually disregarded , it can serve as a great tool against the situations we are facing right now .

Only 10% of Bitcoins is being used for inappropriate purposes , Mandatory KYC in most exchanges have even enabled government to track the addresses and pin it down faster .

It is way more transparent than Fiat I would say .

I do think the most important lesson one can learn from the cryptocurrencies as a whole is :

Patience

At a time like this one needs to wait for the right time and opportunity to actually trade and buy or sell the Bitcoins. If you do not keep track of the market you can easily loose a lot . If you get scared and encash out at an inappropriate time, you can end up regretting in the upcoming days .

Be it bull run or bearish run , the price will settle. Sooner or later it would be favourable therefore as soon as you do not invest in the Cryptocurrencies using your credit card or any other loans , you should be good to go.

Patience is something I believe is the most important thing that I have learned from investing in the Bitcoins.

BTC Talk username: fiulpro
Profile link: https://bitcointalk.org/index.php?action=profile;u=712353
Post count: 2538+1
BTC address: 3NBxLpV1QQzyFm2itjJSPbVgd3YZbTyEyJ
Rank: Senior Member

Would update the signature and Avatar if accepted , because there are so many applications already.

Would post constructively in Gambling section

Thank you

Thank you so much for doing it ❤️

Yes , I know there are amazing people out here using hours to write a post , I wanted to just let the newcomers know that , even they can earn it.

Therefore I was thinking of just keeping the thread open for a while and maybe including members too ?

Suggestions are welcomed


Thanks man


Hopefully we will receive some more participants

Thank you for the timely payment plus amazing opportunity. Plus for handling everything very nicely.
Have a nice day everyone.

The reality in unfortunately far more terrifying.

People actually cannot get free and discounted food from the government if they did not register for the card . ( It is for people below the poverty line) , unfortunately some middle class people have also abused this and using it for their own profits.

My family was helping out a poor woman who did not have a card and could not afford and on going to the office they told her to come again with the card. Where is she going to apply during quarantine?
( Good thing , some underhanded methods made it so she can get food )

This bill by Modi is a laughing stock .
People don't have jobs since years and right now they are suffering every single day. The government is not even able to keep track of the people dying.

They don't even keep track of the bills hospitals are asking people to pay. Around 100$ per day is prescribed , reality is people are paying 400$ a day . If they are not doing it , they aren't getting a bed or prescription in the hospital.

All of this which is said in the news is actually not even close to the reality.

Then again governments are more interested in fighting at this time. One needs a good advisor for the country as a whole. But it is already too late.

Thank you so much


It was well deserved 🙌

That actually makes sense now so as:

Why JP. Morgan is suddenly interested in Bitcoins.
Why is China allowing users to categorize it as an asset.
Why Indian government have stopped posting ill-advised statements about the same .
Why in Ukraine you can buy And sell Bitcoins super easily.

Etc...
_________________________________________________________

I do think the government have realized their mistakes and so did most of the people.

A centralized body is bound to fail if they do not improve the network indefinitely.

Governmental strategies are not always the solution , people do need some freedom , some privacy . You know only 10% BTC is being used inappropriately , whereas the chances of Fiat being used is way over this .
_________________________________________________________

Banks are weak .

Their security does depend on the government which is printing money out of thin air , Making the economy weak . We are bound to go bankrupt if this continues.

If one would calculate the debt these central bodies carry , they will have a good idea of the current situation.

5 years is a big deal , people are not able to get though 5 months of quarantine here . One needs to somehow managed the situation ASAP !


_______°_°_________

Unfortunately if you do want to buy stocks with Bitcoins right now , you have to first convert them in the local currency and then proceeded with buying stocks normally like you do with money .

Problem is :

1. Government and companies see Bitcoins as a Competition and therefore allowing people to trade in Bitcoins regarding the stocks wouldn't be profitable for them.

2. Bitcoins is in no way related to fiat , bank accounts in many countries ban buying and selling of cryptocurrencies , conversion of Bitcoins does take time and at the same time the softwares right now are not equipped to handle this simple task , no one is interested in making them .

This is undoubtedly easy , but it does involve added risks. There will be concerns regarding the privacy.

The fee will double and at the same time it would take a lot of time (time is gold in the stock market) . Plus people who are interested in stock market and people who are interested in Bitcoins , it might seem the same but they are on two opposite poles .

3. It is much easier to actually just buy stocks and Bitcoins separately without hampering your privacy

Maybe in the future they will allow the same but right now you should keep your Bitcoins secure and try using the traditional way , till we have a solution.

Thanks man 👍

Apparently I won some merits at the Art competition and did not realize that I have 50 merits to give , thus instead of sharing it with my friends and all , I did think it would help everyone a lot . Plus feedback is really appreciated , let me know if I do something wrong.

I do hope with these 50 smerits , 25 newbies can actually get a chance to get a little motivation.

When people don't get recognition here they easily get very sad about the same and stop looking forward. I myself was a bad poster once and some amazing forum members helped me improve the quality 🙏.

@Lauda - she even pointed out how I should study well as a whole before posting and it was actually very good for me . I just wanted to return the favor to the forum members by helping out others too .

Because holding up those Merits would be actually very insensitive when we all can help others grow as a community.

We Should answer this question by addressing how secure the blockchain is.

The security of blockchain runs on many levels:
• Interrelated Blocks
• Generation of a strong Hash
• Processing time of each block
• Proof of Work
• Consensus

At the same time :


• anyone with the block can verify it making it very secure , they can proof read it anytime , at the same time this tackles corruption.

Now , people are scared about the Hyper Over Quantum computers. Reason for that :

One can use this 10 minute processing time to find out the exact hash and then replace it skillfully.

But at the same time :
1. Not everyone can afford
2. Targeting People needs sources , so keep changing your address if you are holding a lot .
3. Use a strong secure network , follow the security procedures like making sure you don't have any softwares which is from unidentified sources , there is like a whole different topic about what you can do .
4. Privacy :')

More or so I would like to extend this to say that :

If you are using any bank account and keeping funds in it , it's more secure than that . Blockchain is something of the future , undoubtedly we need more improvements but *right now I do think it's the next best thing*

Thus :

It's super secure if used wisely.

_________________________________________________________

Fun fact about Blockchain:

It was actually invented way before Mr. Satoshi implemented it .
The idea dates back to the 1990's where people were thinking of using it for notary and stuff.

But the idea got recognition only by Mr. Satoshi , who made it known to the world.

I would like to extend this to add some few potent immune stimulants if you guys are really interested in it :-

Ginger+Honey
Turmeric+Milk

Works best , plus have been used in ancient medicine since ages , excess should be avoided , Google if you guys are interested.


Due to some unfortunate turn of events , coronavirus have actually become more deadly for the people with heart disease and other complications , their death rate is higher than normal.

At the same time lack of financial funds , lack of ventilators have actually impacted the society in a major way , in some places only the rich can afford healthcare . Coupled with corruption at this time it's wreaking havock .

It is deadly , not the virus itself but the people all around who are making it impossible to get something done.

Some are even spreading the virus themselves!! Mankind is at a brim.
My condolences , I do think there are some common parks at the borders which is not in the legal books of any country. I have even seen documentaries where people are meeting there . It's sad but it is much needed step that they have to take.

You can even put up a request with authorities in case of absolute emergency.

_________________________________________________________

Further I do think one should :

Disinfectant the house
Read and develop their skills
Try gardening and other stuff
Connect with their families
Try and volunteer at their nearest shelter
Distribute homemade food once every 10 days , doing good does wonder to your brain
Make sure you are getting all the vitamins and minerals through food
When you go outside be careful , there is nothing like being over careful!
Change your masks and all .
Meditate , colour , draw , do yoga .
Keep yourself occupied because it is not getting easier anytime soon .

Thanks bro 😂

So yeah whatever the man said this too 🙏

We are just trying to help the new participants here because we understand how hard it is to earn some Merits.

Please do not cheat

Hello

I do hope everyone is safe and sound during this time. I do want to open this thread so that users who do think that their posts are ignored plus needs recognition or want to make an effort in changing quality of their posts can get benefited from the smerits I have at the moment.

Please follow the following rules :
1. 100+ words on the submitted post
2. Should be junior member or below
3. Please no alts 🙏 , I have no interest in checking your accounts people but I would just trust your judgement.
4. I don't have much therefore I can only give 2 merits per account , therefore pardon me if you post when I have nothing here .

Work hard people plus take care of your health at the same time.

Would like to extend this thread to ask you guys to support peaceful protests against racism. The world is at a dark place right now, we don't need any more wars.

Thank you and best of luck for the participants 🔥

I still have open space for 14 more participants

________________________________________________________

I would try and keep a log 😁 for everyone.


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