Latest posts of: ryap12

Quote from: iam_aayushiJ on March 14, 2019, 11:36:30 AM

What Does Double Spending Mean?

Let’s consider this example:

You go to Starbucks and order a cappuccino worth $10. You pay in cash. Now that $10 in cash is in the cash vault of Starbucks. By all means, you simply cannot spend the same $10 somewhere else to make another purchase.

Unless you steal it…!!!

As you paid with your $10 bill, the service provider at Starbucks instantly confirmed that you have paid, and you received your coffee in exchange for the money.

But Bitcoin is digital money, not physical cash. Hence, Bitcoin transactions have a possibility of being copied and rebroadcasted. This opens up the possibility that the same BTC could be spent twice by its owner.

How?

In our Starbucks example, you paid cash, so the payment was confirmed and verified instantly by another human. But with digital currency like BTC, if this verification mechanism is missing, it can lead to double spending.

Anyone can just copy that digital money and pay somewhere else.

And here is where the unique invention lies…

Bitcoin, although being a digital currency, solves the problem of being copied and getting spent twice.

From my understandings before, double spending is only possible if that someone has equal or more than 51% of the total mining power of the network? So because of that, they get to make transactions according to their will by simply spending the digital coin twice.

This is why I don't use Norton as an anti-virus because it affects some of my running softwares plus I am not that techie. It also takes my time to work on something whenever Norton blocks it. Hope you get to figure it out or got answers from above. They said it's okay and it's clean so I guess it is safe then.

Quote from: xvids on March 13, 2019, 12:46:56 PM

I have tons of tokens but most of them are worthless Grin

.
But I think if all of them have a value then I would keep the half and hold it then the other half would be turn into Fiat.
And the ones that I hold would also be used for trading.

That is why the new strategy now is that you simply sell whatever you receive from airdrops, bounties and giveaways. Then buyback when the price goes low that way you don't regret what you are holding right now. That is what I am doing now after experiencing getting sh*t tokens and coins.

I'd like to sure my experience too! So I had quit my job November of 2017 and decided to work at home as a freelancer. Then I started working on airdrops and bounties with cryptocurrency on February 2018 until now and so far with my earnings, I am actually sustaining our needs and wants. These digital coins have really helped people get jobs easier online as long as they are eager to learn and become hardworking. I am not into statistics but I am pretty sure it provided atleast 1% job out of the total jobless people around the world.

Quote from: maldini on March 09, 2019, 11:41:26 AM

preferably before joining the bounty, ask beforehand the old ico. Usually the fastest is 3 months and at most up to 1 year, make sure to choose the best ico

And that there are only 2 possible things why they keep on extending ICO, one is that the funds they raise is still not enough to support the project. Other terms is not reaching the softcap. The other reason they keep on extending is that they are scammers just fooling it's investors and a possible scam exit once they had enough or are finally found out.

Quote from: Bttzed03 on March 08, 2019, 10:04:42 AM

Eth or BTC paying bounties is not a bad idea really. But i would always prefer to be given the option to be paid in ETH/BTC or bounty tokens/coins.

But in the end, even if bounty hunters and airdrop participants are paid with ETH or BTC, someone out there will still sold the tokens at a low price. It might be a team member from the project or someone who gets the tokens or coins. The best thing to do now is to wait until bounty hunters and airdrop participants finish dumping then the project team may do a buyback program to enlighten traders and hodlers to buy the token or coin.

This could be a fake news from my view anyway if it was real then maybe someone reported the guy to the authorities and were able to trace his IP address. Maybe the suspect sent the funds to a known exchange and got his identity revealed? My only concern there though is that he was tortured in front of his 4-year old kid which could traumatize the kid. That's not good.

I hate myself for selling my BNB last month when the price was sitting at $7 USD. Now it almost doubled without any signs and warnings. How lucky are those who bought and hold BNB. Regarding the price, it will continue to increase as Binance stands number 2 on the top exchanges and that holding specific amounts of BNB inside your Binance account will offer benefits like discount on fees. So the more people registers on Binances, trades on Binance gives a chance for BNB to keep on increasing in price. The only thing that could pull back BNB is if there is something wrong with Binance or if it gets hack. So it's never too late to buy BNB.

I know everyone else here is discouraging you not to trade with 1 dollar only worth of BTC to USD but I still do. Despite the small amount of earnings and all the fees given, (fees are not really that high, it would only cost lest than 0.1% in most exchanges.) I still do not give as long as you know how to trade because someday that small amount of BTC will keep on increasing until it becomes a whole bitcoin. But that would take months or years and not to mention the risk of losing.

Quote from: Little Mouse on March 02, 2019, 07:47:45 AM

Don't try to pump this coin just because you own a lot of this coins and want to dump it. People nowadays neglect the shit pump and dump coins. So, it will be better if you stop shilling here with your coins.

Not sure if OP is just posting for his/her own benefit but according to trading signals, theta is really going to go higher within a few days from now. Anyway, a lot of people trades with theta so even if the theta gets dumped, it will rise again. That's from my view as a trader and through experience.

It actually depends if they are tied to the coins you mentioned. Mostly if bitcoin price goes up, most altcoins follows because they are tied to it. What I actually do now from what I have learnt before is that I immediately sell after I receive my tokens/coins and will buy again whenever I feel all the dumpers finished their job.

Quote from: teilwalL05 on March 03, 2019, 04:30:25 PM

Is this proof that you want? I really think that this pump was a historical moment for bitcoin, where mainstream media was very shocked by the amount bitcoin made and many investors then were very curious if they too can make a profit with a sudden volatileness bitcoin has,

Well, I think we don't need any other more proof Because this graph that I get from Coinmarketcap was the only thing needed if you want to believe and bitcoin will surely make another pump like this in the future, Forget all Altcoins that you have brought and focused more on bitcoin.

You're so negative since you are advising to only focus on bitcoin. Altcoins have potentials too it's just that there are too many of them to choose from. And from what I see, I don't see bitcoin reaching that height again until the next 7 years since a lot are already selling whenever there is a price surge.

Quote from: abuzein on March 01, 2019, 10:03:50 AM

Quote from: GyramCripto on October 12, 2018, 09:01:38 PM

Will you conduct airdrop? If so, when? Will airdrop be private or public?

join the EVOAI bounty contest here https://evoai.marchantmarketing.com/9434/6705953

Hey, no referral links here. I know you want to help promote but read the rules atleast. Anyway, you made the right choice promoting EVOAI as I am into it too!
I am planning to get more through the exchange once it's available. Better buy them early before price spikes.