Bitcoin doesn't have master nodes. Are you referring to Dash, or something else? Try asking on a Dash forum such as https://www.dash.org/forum/

If you have joined Bitcointalk to make money by posting, you have come to the wrong place. The purpose of Bitcointalk is not for making money. It is for discussion.

This site is not designed to help you make money. In fact, the limits on signatures and the new merit system are designed to make it more difficult for you to make money.

If you are looking for a site that pays you to write, I suggest trying out SteemIt:


Here are some excerpts from the Welcome page:

Yes. Just ask any newbie who invested their life savings in BTC at $19000 why they bought it. I believe it will continue to fall after this pause at $11000 down to around $5000, or perhaps lower, based on the trend before the steepest rise.

"Intrinsic value" is an ambiguous term. Does anything really have "intrinsic" value?

Shares of Apple have value because the company generates income. Gold and Bitcoin don't generate income so their value is based solely on their utility (more specifically, the discounted value of their future utility).

The utility of gold consists of its uses in manufacturing and jewelry, but primarily its utility is in its effectiveness as a store of value. In the past, it's use as a currency was the primary source of utility, but that is gone now.

The primary utility in cryptocurrencies is in their use as a currency. People acquire coins so they can spend them and that makes the coins valuable. It would be reasonable to say that the "intrinsic" value of a cryptocurrency relies on its use as a currency.

Now we come to Bitcoin, which is no longer useful as a currency (hopefully, this is only temporary). Speculators that understand the situation and want Bitcoin to be valuable claim that the utility of Bitcoin now relies solely on its effectiveness as a store of value. The problem with a primary utility as a store of value is that it is only useful if there is value to store, thus it is susceptible to positive feedback loops, such as speculative bubbles, and the value could drop to 0 at any time.

There are  many example of speculative bubbles where people want to own an asset only because they expect the value to rise. The same can be said about Bitcoin. Bitcoin's rising price is justified by claiming that the rising price proves that Bitcoin is an excellent store of value, and therefore it has the utility to support the higher price. Unfortunately, that is circular reasoning and we know all where it will lead.

TL;DR: A cryptocurrency derives it value from its use as a currency, or more specifically, the expectation of its future use. Store of value alone is not sufficient. Bitcoin is doomed unless it can become usable as a currency.

It won't work well. You could make a unique public key from DNA (though identical twins will have problems), but you won't be able to derive the private key from that. You could use DNA as the private key, but it would be easy for anyone to get your private key.

A better solution might be to use DNA as an identity, but require a separate key pair to prevent imposters.

So typical.

"We are going to make our own coin because it will be better than bitcoin or any of the other 1000's of cryptocurrencies."

At least he is on the path. He will come around eventually.

That's a good idea. It means that you don't have to remember or even store any passwords. Unfortunately, signatures are too long to be used as a password for many sites, and some sites require special characters and some don't allow them.

Also, simply signing the site's URL is sufficient, but I suppose including a secret word would protect against a compromised private key. I would also include the user name in order to allow for multiple accounts on the same site.

This is a Bitcoin forum. You will probably get better answers in an Ethereum forum such as https://forum.ethereum.org/

According to https://github.com/libbitcoin/libbitcoin/wiki/Altcoin-Version-Mappings

's' could be START (Startcoin)
'B' could be BLK (Blackcoin) or NBT (NuBits)

Unfortunately, that list only includes a small portion of the thousands of coins te have been created.

How long did it take to obtain your coins? I noticed that you didn't list buying as an option. Wouldn't it have been easier and faster to buy them?

That is not true. Blockchain.info is web-based, but it gives you, and only you, access to the private keys.

Perhaps you could you identify the coins from the formats of the addresses.

As for the Dash address: If anybody could spend coins with just the address, the system wouldn't be very secure.

Don't bother. Only mentions Bitcoin in passing.

I use Samurai. I have done some transactions and it seems to work well and it has a lot of features. Andreas Antonopoulos likes it. My major complaint is that it crashes occasionally.

BTW, the coinbase app is not a wallet. It is an interface to your coinbase account (which is also not a wallet).

My main point (which I unfortunately neglected to make) is that you can't judge the potential of a coin by its price. The price is somewhat arbitrary. For example, does Bitcoin have more potential if 1 BTC is $10,000 or if 1 satoshi is $0.0001?

What matters is the discounted future value adjusted for risk compared to the current price. If the discounted future value adjusted for risk of BTC is $100,000, then buying BTC is smart, even though the price is high. If the current price of a coin is $0.0001 and the discounted future value adjusted for risk is $0.00001, then that coin is crap even though it is cheap.

Interesting. The value indicates expectation with a higher value meaning lower expectation.

So, another question is how well the expectation matches the reality. My interpretation of the results based on my familiarity with the people in this environment, is that it accurately demonstrates the level of knowledge about economics (more specifically game theory) by the groups in the contest. My own guesses would have been 22 for the linkedin group and 34 for the traders.

Just read lots of posts. You will learn quickly enough. If you are here to learn, then forget about bounties and airdrops. They will distract you.

The easiest way is to use a separate wallet (or a separate account in a single wallet, if the wallet supports that feature) for each identity. That should probably be enough unless they are looking deeper. Going further, you would ensure that no two of your wallets ever receive funds from the same wallet.

That is somewhat of a fallacy, of course. You are making some hidden assumptions. You are assuming that the alt coin will eventually be as big like Bitcoin. You are assuming that the supply of the alt coin is the same.

Your breakout could be in the down direction.