Is that mean he won't make a twitter coin such as Mark created libra coin?LOL
I use twitter in a whole my life since I know cryptocurrency to get more information. Some people such as Jhon McAfee, CZ Binance, Vitalik Butterin and many more made by me as a reference to know more about them.
Agree, we need more a people like him, a person who has popularity and promote bitcoin to make many people aware about it. I have tried a couple of times to convince some of my friend to attract them into bitcoin but I always failed.
This article will give a good effect for those people who still have a doubt to start investing in bitcoin IMO.
That would be very wise of him, rather than re-invent the wheel and come out with a triangle... In fact more companies should be looking at ways to adopt Bitcoin instead of making more garbage tokens nobody but themselves want. I don't think you should include some of those names, certainly not McAfee... Better take a look to the likes of Andreas Antonopoulos instead. |
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@cryptojor
anti-virus is a pointless waste of space, just delete the av program
in the days when updating your system over the internet was unheard of, computer viruses sometimes did spread. in practice, they were still rare.
now, there are no malware threats that cannot be mitigated by simply choosing a secure operating system, and keeping it up to date. I've been doing exactly that for 10 years, any virus worth a damn would have stolen some of my BTC, and that hasn't happened.
I disagree. Several user already have been warned from electrum phishing sites (or even from the malware they downloaded from that site) by their AV. They would have lost their coins without an AV. While AV's only recognize already known or blatantly stupid malware, every average windows- or mac user should have one installed. And neither mac or linux are safe from malware. There is malware for these operating systems, less than 2-3%, but still it exists. A secure operating system doesn't protect you against 1) malware being executed by non-techy people or 2) other kinds of targeted attacks (which are very costly and complex). Changing the OS doesn't protect an absolute non-techy person at all, IMO. Good OS in combination with common sense and some technical knowledge does. I think it it safe to assume that you are not a clicky-pointy type of person who is running a colorful windows installation. You don't need an AV. That's fine, me neither. But i would never suggest other people reading this (especially those running windows being not techy at all) to live without an AV. It offers at least some level of security. Actually, Carlton is correct. The ones that benefit the most are the ones that know the less, such an user somebody else sets up a system for them to browse the web. That doesn't replace "common sense", but mitigates the problem like 80%. Ie: you are in Linux, you click the link to a phishing electrum site, then... Nothing happens. You don't have admin rights to be installing garbage in the first place. (And last i actually visited an actual Electrum phishing site, they didn't even bother to change the Linux version lol). With Windows you assume the fallacy that your up to date antivirus will protect you, which is why the term zero day came to be. Zero day, nobody has identified it yet, you won't be protected, period. If you change the OS for a "know nothing" user (ie. Granma, or whoever), your support calls will probably go down to nearly zero. The best "protected" Windows will however break one way or the other, maybe less often maybe more often, but rest assured, it will. Linux properly set up? Install and forget. I have 30+ years of IT experience, used Windows since v3.0, and Linux since Redhat 4.1 era. Of course if your intent is making money doing IT support, Windows is your friend. For voluntary work? Heck no. And BTW Windows does bundle "Windows Defender", this might be why some "indows users don't bother with an antivirus. I cannot say they are wrong, keeping Windows safe takes a lot of experience, or what you call "common sense", but in addition to that you need to "protect" it in several ways, including anti-malware, firewall, etc. So to summarize, nothing is absolute, but Carlton is far closer to the truth than you are. Oh, and if you think you could also "secure" a Windows install, you can to some degree, but never to the same level of protection. The end user is not even at fault, new exploits come everyday and many do not require user intervention at all. For those, no amount of "common sense" would save you. And you are expecting those "less savvy users" to be essentially sysadmins... Now that i think about it, given that I removed Windows from my dual boot setup in 2007, i could also join Carlton's testimony. 12 years without no stinking AV slowing down everything and failing to ultimately protect, just a decent OS that won't easily let garbage in by default, and yes, "common" sense... |
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So I have 12k cash and I’m wanting to buy 4 m20s from Pangolinminer.com
They sent me an invoice for the miners all I have to do is transfer the money from my bank to theirs overseas... im very nervous.
Is this a trustworthy site to order miners from?
Also I plan on hosting my miners with Bitfund llc in Washington...
Am I making a smart move or could anyone give me any pointers.
I’ve experienced mining out of my house with some s9s but I want to change it up and go bigger.
I wonder why you went with the m20s instead of the much easier to install m20 (which has the same efficiency). But anyway i don't expect any major issue, except the slowness of a wire transfer (days or weeks), and the slight chance of your bank freezing your account. And there is also the Trump tax... While using bitcoin the merchant (pangolinminer) would have gotten your money today, even paying the cheapest 1 sat/B transfer fee (a few cents). So you are getting 3350W miners. I hope you are ready electric wise, as you cannot simply use what you used for S9s. You'd need more than double amp rating of everything, from wires to plugs, pdus, circuit breakers, etc. |
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"Nowadays, more than 100.000 people travel to Hungary for dental care every year. There are a few reasons why dental tourism became so popular in Hungary over the years:
Lower prices of dental procedures made Hungary the number one choice for dental patients, which made Hungarian dental tourism a highly advanced field of medicine
Despite the lower prices, the quality of dental treatments is extremely high
The privatization of dental care in the 1990ies provided increased funding for clinics, raising them to the international standards of dentistry
Since Hungary became a member of the European Union, travelling to Hungary for European citizens is incredibly easy and cheap
Patients from EU member states can require tax refunds in their home country, further reducing the cost of the treatment
Given that Hungary is a very attractive travel destination, a lot of tourists combine their holiday with a cheap dental treatment." Excellent, now i would just need the airlines to accept bitcoin. Do they also pay their employees in bitcoin? Hungary leads world's history as the country with the worst inflation ever (Pengo ftw), currently being challenged by my very own country, but still too many zeroes short. We only lost 5 zeroes in value over last year, still insignificant next to the great great Pengo. Zimbabwe under mighty Mugabe could not defeat Hungary, Maduro will not either, his government will fall as well, as there is no Soviet Union backing. Putin doesn't count even tho he is getting lots of gold stolen from Venezuela (at the expense of the rainfall jungle) as protection money. Whenever you need a reason for bitcoin, always remember the Pengo. The theory of living under hyperinflation, cannot compare to its misery. If you don't believe it, come and try to live here with wages of 1 USD a month... And yet, Hungary did worse. My hat off to them, i doubt any young people living there could even imagine it, but i hope history is never forgotten. |
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Hello traders. What's your opinion could BTC kill banking system? Bitcoin has an advantage over fiatbecause its amount is limited and it can't fall under inflation.Inflation usually is caused by monetary policies of our central banks. Bitcoin is free from inflation, governement control and high transaction fees.Banks can’t control BTC because it has no representative and is fully decentralized. That's why banks are afraid of BTC.
Inflation is produced by the leading school of economy, the Chicago school, which is afraid, VERY afraid (and teaches the fear) of deflation. The only school of economy that embraced deflation is the Austrian school, read no further than this web site full of library explaining how it works: https://www.mises.orgEverything is linked. Current banks don't keep the money, in fact most of the money doesn't exist anywhere, it is called fractional reserve banking, too long a subject to explain here, but because of it a bank of banks (which also uses fractional reserve) exists called the "central bank". To summarize, it's not too different to a "ponzi" scheme. People just can't withdraw all their money at once, because it doesn't exist. The real "Bank killer" is people learning this truth. If you read the Austrians, you will get familiar to another type of bank, which existed until a century ago, called a "full reserve bank". This is the only type of bank that can exist in a deflationary economy, so its not like banks have to die, buy they will shrink, because, banking becomes optional. Banking is a service, and you should pay for it, not the other way around. The fact that a bank pays you for you to to give them money, should alert you of the real fishiness involved. Modern banking is pretty much a legalized ponzi scheme. There are long bitcointalk experienced users here completely unfamiliar to deflationary economy, some even panicking over the fact that a bank would actually ask you fees for keeping (ALL) your money safe. That is in fact how it should be, any lending should be at the discretion of the account owner, AND that money must become unavailable until the lending ends and is returned, otherwise its the fractional reserve scheme again. Note: A full reserve bank cannot go bankrupt by account owners simply withdrawing all their funds. They might need to close doors if no new clients come, but nobody will be left without their money. A typical fractional reserve bank cannot withstand a mere 10% of funds withdrawn, often less. But they get leveraged by the central bank, so in that country a mere 10% cannot do the same, but they get leveraged by the world bank, so in that planet... Believe it, (fractional reserve) banks have something far more important than Bitcoin to fear: knowledge. |
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There's a 3rd party FW that claims they can do 10ths at 600W but they take a 2% fee. Looking to avoid that.
There is also cheating firmware with false hashrate claims intended to lure victims into using them... My personal opinion is: if you cannot make it with bOS, its fake. There is no magic mojo, you get asic chips, speed in mhz and voltage, and optionally overt asicboost which has been available to bOS for nearly a year. I believe results such as those reproducible by forum members here, ie. Phillipma's 810W @ 10TH. The other thing is closed software can do things on your back, not necessarily when you are paying attention... They might advertise 2%, only to later do 4%, or overclock your chips every so often (not continuously). And yes they want you to use them, and will make outrageous claims to lure you in. I'd say, stay away from anything not open source. Trust no one. |
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If you use an insecure OS such as Windows, malware can in fact intercept legit urls and redirect people into phishing sites, so don't think that just because you type it in the browser, or launch it from a bookmark, is necessarily the real one. Well malware can do something as simple as editing your hosts file to more sophisticated things. |
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I'm already happy that we see LN integration instead of yet another main-chain accepting merchant. It's clear by now that it's not cost effective to use the main-chain for low value payments. The only thing i see currently holding back LN use is wallet support, but i guess you need places to use it first even if you manage to get a wallet... |
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All of the mindless hodlers should pay attention, both sides of the isle , pro & con bitcoin say bitcoin is not a safe haven.  dude it's 2019. why the hell would bitcoin be a safe haven? it was experimentally bootstrapped from nothing 10 years ago! is that the best trolling you've got?  So as reality is smacking all bitcoin holders with a price drop,
be aware there is no real floor to it's price. actually, there is. the floor is $0. but the upside is unlimited.  i bought my first bitcoins in the double digits. wake me up when we break below $9000! Well it IS safe if you are willing to wait... Those who cannot wait for the little fluctuations to pass should look elsewhere. Most metals like gold have existed before humans appeared. Bought at 12k? Wait after it returns to that value. Simple isn't? Traders do that all the time (at least those that don't abuse margin trading). Bitcoin is still "Over 9000!"™ |
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Well there is well over 80 trillion fiat in circulation.
So let`s say .000000000000000000000000000000001 for a coke
No fool, a coke is like 10 thousand satoshi. Quite simple, come live under hyperinflation to see where your value of things in time end (which Dietrich suggested before getting kicked for supporting the "wrong" person). FYI 10 thousand satoshi is simply 0.00010000 or 0.0001 BTC. Is that 0.1 mBTC? I don't even know, i also refuse to use that. |
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Well!! Recently, popular crypto face john McAfee tweeted about bitcoin. He Says “Bitcoin under $9,500. If you are panicking, you are a fool”
What's your take john mcafee's view? He is not popular, and i don't even know why you bring his comment which nobody should be paying attention to. He is always making outrageous claims to attract attention, and that's it. This particular comment is correct, and that is rare. Perhaps he knows he has zero credibility, and yes nobody should be reading him. BTW At this moment it is above 9500... |
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The real developer of Bitcoin= Hal Finney You are too late to the party, this was brought here days ago and was immediately refuted. No he is not. |
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The Crypto Anarchist Manifesto
A specter is haunting the modern world, the specter of crypto anarchy.
Computer technology is on the verge of providing the ability for individuals and groups to communicate and interact with each other in a totally anonymous manner. Two persons may exchange messages, conduct business, and negotiate electronic contracts without ever knowing the True Name, or legal identity, of the other. Interactions over networks will be untraceable, via extensive re-routing of encrypted packets and tamper-proof boxes which implement cryptographic protocols with nearly perfect assurance against any tampering. Reputations will be of central importance, far more important in dealings than even the credit ratings of today. These developments will alter completely the nature of government regulation, the ability to tax and control economic interactions, the ability to keep information secret, and will even alter the nature of trust and reputation.
The technology for this revolution--and it surely will be both a social and economic revolution--has existed in theory for the past decade. The methods are based upon public-key encryption, zero-knowledge interactive proof systems, and various software protocols for interaction, authentication, and verification. The focus has until now been on academic conferences in Europe and the U.S., conferences monitored closely by the National Security Agency. But only recently have computer networks and personal computers attained sufficient speed to make the ideas practically realizable. And the next ten years will bring enough additional speed to make the ideas economically feasible and essentially unstoppable. High-speed networks, ISDN, tamper-proof boxes, smart cards, satellites, Ku-band transmitters, multi-MIPS personal computers, and encryption chips now under development will be some of the enabling technologies.
The State will of course try to slow or halt the spread of this technology, citing national security concerns, use of the technology by drug dealers and tax evaders, and fears of societal disintegration. Many of these concerns will be valid; crypto anarchy will allow national secrets to be trade freely and will allow illicit and stolen materials to be traded. An anonymous computerized market will even make possible abhorrent markets for assassinations and extortion. Various criminal and foreign elements will be active users of CryptoNet. But this will not halt the spread of crypto anarchy.
Just as the technology of printing altered and reduced the power of medieval guilds and the social power structure, so too will cryptologic methods fundamentally alter the nature of corporations and of government interference in economic transactions. Combined with emerging information markets, crypto anarchy will create a liquid market for any and all material which can be put into words and pictures. And just as a seemingly minor invention like barbed wire made possible the fencing-off of vast ranches and farms, thus altering forever the concepts of land and property rights in the frontier West, so too will the seemingly minor discovery out of an arcane branch of mathematics come to be the wire clippers which dismantle the barbed wire around intellectual property.
Arise, you have nothing to lose but your barbed wire fences!
Timothy C. May, 1988 Yay, according to 7z b my obsolete sandy bridge cpu is 13 THOUSAND mips! Do i earn a Ku-band transmitter?  |
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Burning coins to try to stop the price crashing is a complete non sequitur.
One of the core principle of bitcoin is it is decentralized and censorship resistance. There is no central authority which can exercise control over other people's money, burn coins, freeze address, reverse transactions, and so forth. There is no majority rule which can prevent someone else from doing anything they like with their coins, including dumping them on the market if they so choose.
If you burn Satoshi's coins, you have effectively destroyed a core principle of bitcoin. The number of people who would sell up and move their money elsewhere would crash the market harder than Satoshi's coins would.
There are plenty of centralized scam coins out there you can put your money in instead if you desire. This basically. Bitcoin is not going to do things that occur beyond its realm. How much or how little fiat people are willing to trade for one bitcoin is completely irrelevant for Bitcoin (software). To Bitcoin it matters nothing what its price is in the market, there is zero reason for an idea like this to push forward. And if Satoshi comes and sells his/her coins, there will be cheap bitcoin for a little while, so what? This doesn't matter to Bitcoin, the system will keep working as designed, and that is all that matters. The so called "worry" is a human external factor, if you are worried don't invest in it, simple. Nobody is forcing anyone to. What the Paxful founder wants to do is a form of "State" (or institutional) intervention, someone who detests the free market would suggest. Again comes the Austrian economy advise: The best thing you can do in the face of a problem, is do nothing. Let it solve it itself, the market adjusts. Truly the answer is do nothing. There is no point in burning someone else's coins (artificially, beyond decade old established rules) for whatever reason, and you are welcome to sell yours if you want, Bitcoin doesn't care, only you might... |
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That's pretty neat. I doubt it can be scaled down to commuter vehicles but still it is a step in the right direction. Of course it can: Make an electric mini bus with regenerative brakes, and make sure it transports people from a higher elevation to a lower one, and make them return empty. At least you save fuel one direction. So better find a route where seldom people want to go back up that hill/mountain whatever. Tesla has a concept mini bus with about 20 seats with no driver as they are supposed to drive themselves. There are also the Tesla trucks but i'm not sure they use them that way. Else you could try a Model X full of people in the same way (one way, from high to low) and see. Maybe you could offer some sort of car polling, one way only. |
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The US could never beat China. Just think how many Chinese restaurants there are in the US, and many of them probably employ military "sleepers". Another problem would the the electronics in the US weapons - isn't much of it Chinese? Then of course there is the problem of rare earths - the Chinese control that market, and the US needs a good supply of rare earths for its electronics and weapons.
There cant be any winners in a wars between U.S, Russia and China.All 3 countries are too big and they have nuclear missiles, therefore even if someone of those 3 starts WW3, it wont end up well for anyone.These big countries having nukes keep this status quo. I so much disagree with you that there can't be a winner. Even China and Russia knew for sure they are no match to the USA Military. Yes, they too have Nuclear Missiles but USA has stronger and more sophisticated Nuclear defense system. US Military budget is twice more than that of Russia and China combined. Most of the China's military hardware are just what they managed to steal from the USA over the 25years of international espionage made possible by the weak leadership of Bushes, Jimmy Carter, Clinton, and Obama. Now, America is back and modernizing its military hardware. What China stole will soon be rendered obsolete. We didn't pull out of nuclear treaty for nothing, in fact, Russia and China are currently jittery. All the years of holding America down with one hand through some useless treaties, while developing their military with the other hand are over. Any direct confrontation with the USA will lead to the end of China and Russia. America is expert in Espionage, Cold Wars, and Open Confrontations. I don't see any country anywhere in the world as credible challenge. National pride may tell you differently but the reality is there's none. Numbers. Even if you think China's military weapons are a couple of decades behind, they have lots, LOTS more. If it is a conventional non nuke war, US toughest opponent is China. Of course nukes renders anything null, the planet dies. In reality China isn't that far behind, precisely because of their excellent espionage skills (which Trump can't stop anyway, so don't bother blaming the former presidents). America surrendered their secrets when they decided to move manufacturing to China. While Trump isn't incorrect in that, its simply not possible to revert it anymore. Americans can't make their things as cheaply and massively as China can, even weapons. Take a very close look at the cost of the average weapons platform in America vs China. So what if 1 American can beat 3 Chinese, when the Chinese can field 10 for each American? |
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I was aghast at the decision!
"We are thankful, but maybe those resources would be more relevant to reforest Europe," said Onyx Lorenzonihe, chief of staff of Brazilian president Jair Bolsonaro.
What is wrong with extending a helping hand? This world is one single community.
Do you smell something selfish and unpleasant in this? I told you... Keep the money and bring the guns if you are any serious. None of these joke "leaders" responsible for the Amazon will do anything to protect it. Be thankful he rejected the money, usually the money is welcomed while nothing is done to fix the problem. Suddenly there is another former president buying a mansion and yachts abroad... And several members of his former cabinet too. |
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He has already lost the respect that the community have archord him but still yet hope he understand that sincerity still be the best way to take your rightful. Those who introduced him into the community where disappointed by his singular act of claiming what he never be part of from inception.
If he would lie about about being Satoshi imagine what else he would be willing to lie about... Doubt BSV will recover, but people should have seen the warnings even before BCH forked. |
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Everyone has a slightly different method for becoming financially free, based on their personality, skill-sets and appetite for risk. I haven't come across many other BTC enthusiasts though that are using Bitcoin to become financially free, so I thought it might be interesting to share what I'm doing. My plan, simply put is: - Invest a % of my Income into BTC (£100,000 / $120,000) - I have almost completed this step
- Wait for that investment to grow by 5-10x
- Pull out my profit and invest into residential property
- Live off the rental income (passive income will be £100,000 / $120,000 p/a)
That’s if it goes according to the plan I’ve detailed here: https://youtu.be/SiYc6ipKefQ Some may perceive my plan as extremely reckless. I know I could potentially lose everything that I invest, but I’m prepared to take that risk, because in my mind the potential reward outweighs the potential risk. If Bitcoin goes to 0, then it will be a major setback. It won’t ruin me, but it will take me two years to save up that money again (saving £50k from my £75k post tax income). If it pays off, my route to financial freedom will be LIGHT YEARS faster than I could ever expect from property, gold, bonds, or investing in the stock market as a whole. Although I fully understand the risk involved, I don’t see this as a gamble. I truly believe in Bitcoin as a technology. I’m willing to bet on something that I believe will have a positive impact on the world going into the future. If I’m wrong, I’m wrong. That’s it. Start again. But if I’m right, my life will change. It would be interesting to hear if anyone is doing anything similar to this, and what peoples' thoughts are. Bitcoin is never going to zero. I don't think your idea is bad, but if the bitcoin you bought at whatever price goes down, all you have to do is wait even longer. I don't know what are the chances that your investment will growth enough for you to buy real estate, as time passes, bitcoin value increase will slow down. We probably saw the biggest increases in bitcoin's lifetime. It still has more to go, and it will never go flat against fiat, but at its worth point decades away, it will still be growing about 2% or more (the opposite of the induced fiat devaluation). So its not exactly bad either, but expect it to be more boring. Think of gold, just think if you did your plan with gold, perhaps a decade later your gold will be a bit worth more than what you did invest, but not that much. Bitcoin is a bit more valuable than gold, but not by much (unless someone discovers a new gold source which would make its price plummet but Bitcoin will look stronger against it). How much i can't tell you, but in my opinion it will grow slower in price than all its lifetime, so under 100k by the next decade, since it already grew 10 times i cannot grow 10 times in the same time period again, its under that else correction will occur. Could be 99k or it could be 12k we shall see. I think it will be a bit more than 20k. by 5 years or so, but don't count on it. |
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Already this might have discussed. The growth of bitcoin as well other digital currencies keeps progressing with time. By the time common people too have begun to use cryptocurrencies on their daily life. Compared to the fiat usage, common people using cryptocurrencies were low. When the usage increases what will be the preference of common people. Whether it gets used as investment, gambling asset, trading asset, alternate payment, darkweb usage source.
I'd say alternate payment, but most of them are increasing at the same rate. Perhaps its simply a matter of people simply finding out about it. The "dark" web and the normal web are about the same thing, one is more anonymous than the other, but that's it. Bitcoin is probably unsuitable there unless its perfectly legit activities (such as donating for a cause, or whatever). Thing is, and this i have noticed, people with "good" fiat see little use for an alternative means of payment, because their fiat is so strong and handy, they think their banknotes and coins will retain their purchasing power forever, and because it only loses it about 2% yearly, it goes unnoticed to them. While in my country we cannot live without digital payment, mostly in the form of debit card, simply because there are not enough banknotes around (you can only withdraw one (1) 50k banknote per day, equivalent to about 3 USD currently (currently the largest denomination, made a couple of months ago). |
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