I think this thread not supposed to be here
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The coronavirus hit the global economy hard and this dire state of the economy has forced people to look for alternatives like using crypto currencies. Some people loss their job that's why they are selling online and using bitcoin for payment and investment. Also, in fear of transmitting covid-19 they prefer to pay online and looking for a cashless payment. This pandemic can accelerate the worldwide transition to digital payments while serving as a catalyst for the modernization of the financial industry.
this really happen to me right now i loss my job, my workplace bankrupt, damnnnn this covid really hit the market so hardd ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
but the importance of bitcoin during the pandemic itself beside of payment we can earn some penny and work as bounty hunter to cover everyday need ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
and i just hope the pandemic will come to end
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All people in here aggred about capture of scammer. but we shouldn't woory about it, else if u have something to hide ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) but trust me if the russia belive can reduce trasnparent of transaction the community are trying to improve the privacy itself ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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I have seen mining places where hosting service is available. Mining truly generates heat, but with the technology growth these days the heat is been much reduced. Nowadays most of the mining farms were located on cool regions or else cooling systems were added to reduce the heat. Truly the heat beyond certain point causes damage to the brain.
and cheap electricty ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
but speak of bitcoin mining this will blow your mind and i hear about bitcoin just hit new ATH of Hashrate Currently, the tool estimates that Bitcoin is using around seven gigawatts of electricity, equal to 0.21% of the world's supply. That is as much power as would be generated by seven Dungeness nuclear power plants at once. Over the course of a year, this equates to roughly the same power consumption as Switzerland.Jul 3, 2019 - BBC https://www.bbc.com/news/technology-48853230#:~:text=Currently%2C%20the%20tool%20estimates%20that,same%20power%20consumption%20as%20Switzerland.i think we really need new Consensus about how bicoin been mined
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Bumped ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) world need to know about this ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) and i read about bitcoin faucet giving away 5 BTC thats super duper crazy ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) in my early joined bitcoin doing faucet with my hand at spare time only give me around 5$ for two weeks ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif)
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Bitcoin opened many things to me especially when it comes to the investment. If I don't know Bitcoin and crypto, I maybe don't know anything related to investment. Bitcoin helped me know more about investment in some ways.
Totally, is open my mind about investment not just in crypto industry but in real word investment too ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
Bitcoin totally changed my life ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) especially to my financial To be Honest right now i am unemployed because of covid S**t, my workplace bankrupt because of this pandemic ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) and right now even before this i work as bounty hunter, the payment is not much but enough for living ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif)
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i still remember when Hashrate is around 1 ExaHash couple year ago. but in my thought maybe some people want make profit in this early bitcoin boom. and if u remember there's lot of people join mining not just bitcoin when bitcoin boom at 2017. so i agreed with this guy opinion Hash rate is a good indicator of the Bitcoin network's health. A high hash rate, when compared to a lower one, is preferable as it effectively means the network is more secure so it is either a good or bad news for everyone. But despite of that , it is not the only factor that we consider on investing in bitcoin. Bitcoins value is not just based on the hash rate indicator and prediction.
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~SNIP~
I share your concern regarding the safety of personal data.Lately, I have observed a very interesting situation when new projects in which I participated as a Bounty Hunter, to date show very good results, but at the same time no one asked me to provide my passport data and Cartesi can be cited as an example. And if you remember such projects as BCNEX, DOGEX, then in this case you had to provide KYC and at the same time these projects probably died and no one will be sure that his passport data is safe and sound. yeah people like us bounty hunter for living its kinda dangerous right, when the project like you mention before died, and if you know not just the coin but there's some new exchange popped off right now and ask you before u trade and if u remember there some exchange even the bigger too got hacked that what i consider
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Money Laundry using bitcoin is totally posibble ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) using bitcoin mixer and buy some private based crypto like monero or zcash and your money is untracable
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One think comes to my mind is Bitcoin is unstoppable and government just scared because so many transcation point to the illegal things such a drug dealer and dark web things and based this there's some transaction about funding terrorism. in my country it self there's some rule about it like its prohibited use bitcoin for buying anything. so u can still use bitcoin but u can't spend it. maybe some country will implemented this rather ban it.
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Why choose Blake-256 as your algorithm, miner with big farm can destroy the price of coin instantly
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Despite the pandemic and the current situation throughout the world, BTC keeps on surging upward in price. This might not be far from the upcoming halving happening in the next 13 days. If BTC can recover like this from $3800 and now trading above $9000, it is likely to speculate that we might have another all-time high this year?
halving in the next 13 days ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) the bitcoin will reach the ATH in 2021 i think (*my thought) the price up right now i called the first wave, so from now on its better to save some bitcoin ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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I'm looking for the easiest way to make old people understand Bitcoin more thoroughly. I want to let the elderly know about the "Bitcoin revolution", yet I find it quite challenging to explain it to them in a way they can understand how it all works. There are some wallets that have a "user-friendly" interface, but even the basics of sending/receiving Bitcoin can have a steep learning curve for the older people. A Bitcoin wallet with built-in accessibility features, could help even elder people with vision or hearing problems to use the pioneer cryptocurrency in their daily lives. If you happen to know of a way to make old people understand Bitcoin easily, please let me know. Any suggestions or recommendations will be highly appreciated. Thanks in advance. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) +1 let me tell you something dude your thread always give me a good vibes ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
To make old people to understand what is bitcoin never be a challenge, first you will ensure they paid attention to your information. *. First, let them know the advantages of bitcoin. *. Let your advantages be greater than disadvantages. *.make a list of expensive properties you have acquired through bitcoin. *. Let them know that bitcoin is decentralized, and government or anybody has no right to control it. * make them to understand the concept that many people who are rich is into it and it's the best place to invest or save money so that your money will not lost values.
Also a good answer
like i was say on your previous thread, its kind of challenging to make old people know about bitcoin and other crpyto asset. the e-wallet with fiat itself not all the people know how to use it, how about the bitcoin? 1. first thing first tell them about bitcoin and their value of it 2. tell about bitcoin doesn't have central and not controlled by any government so they no need to worry if anything goes wrong 3. last but not least tell them if u can make real money with it and buy some stuff of it 4. and the last i think is very needed to create some tool to make easy like card with 1 tap to pay or something like that and what next topic will you created dude ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Hire me Vod ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) is the project already running ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
since i dont have real job because of this pandemic shit this covid have a real deal my workplace bankrupt because this Bit**
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this is one of many that driven people to negative thinking about bitcoin ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) the hardware of the ATM itself must be high regulated before out to public to prevent something like this
who the own of that bitcoin atm anyway? that mush be rich person by now unregulated things mean no taxes right
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This did happen and was resolved in less than 5 hours ! There are a whole host of core developers who help maintain the bitcoin code https://github.com/bitcoin/bitcoin/graphs/contributorsI’m 99.9999% sure there are no more bugs in the code , so no individual can exploit this. As far as who can exploit bitcoin price etc , that is a very different story ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yeah im agree so if there any bug right now maybe, a need a couple minute to resolve the bug
Sybil Attack right now i can say impossible for individual, maybe for the corporation with big miner hardware like antminer can do but also there is counter of it
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He isn't a genius,but he definitely has big money that he can afford to lose( or maybe he has balls of steel). ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) not just his balls, maybe his brain made of quantum computer but seriously that was a big money 40.000 is fund of entire bounty nowadays i just curious what will happen when they borrow some money and the eth price goes down like hell ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) its like paying debt for entire life
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There's lot of factor i think one of it I think the bitcoin price is unstable because everyone can mine it when everyone can mine the coin, one person or corporate can dumped it at any time ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) that my thought
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when the airdop to be distributed ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ?
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