Private keys are generated uniquely, there is no way that there are 2 identical/ same pattern private keys. Same as the question " Is it possible to guess someone's private key?, the answer is nearly impossible because private keys are set of codes paired to public key which is used for encryption and decryption, for cryptography the common size of the private key is 256 bit, if someone wants to guess it he needs to perfectly guess each of it, it's like winning a toss coin for 256 times or more!
You are right,it is possible to have the same private key but it is possible to have only one number or letter different from other private like what happened to my own private key which i think i lost because i can't open my wallet using it but when i tried what Myetherwallet team told me to do,i recovered my own private key and open my wallet again and i found out that there is another wallet with private key almost the same with mine,only one number is different. But if you want to guess someones private key,it is difficult because every private key has a ramdom number with letters. |
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I am really thinking about investing over $15000 of my savings into Bitcoin. Would this be wise? Is BTC safe and stable at this point and this time?
Before investing don't forget that bitcoin is volatile and crypto market is not stable,but because of this volatility you can make profit. It depends on you if you are a risk taker person then it's time for you to invest in bitcoin specially this time that we are facing in a difficult situation cause by the covid19 pandemic. Crypto will be an alternative way to earn while stay at home. Just learn more techniques in doing trading to avoid loses. Anyway good luck to you. |
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Trading is very attractive to the people because you can earn money immediately if you have a good buy and sell in a day but it also bring you loses if you don't have enough knowledge about trading and the trading mistakes will happen. Even we can't avoid mistake,we should learn many things on how to trade so that we can avoid loses.Although mistakes is also a learning process ,let's just find more ways on how to be a profitable trader.
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I love trading  ...it not just give you profit but also it gives you fun and enjoyment. But be careful and always learn to avoid loses because we all know trading is so risky because of the market volatility. Also find a good coins to trade with value and you think that you can make profit from it. Specially this time of covid19 pandemic trading is one of the alternative solution to survive and to provide our daily needs. Do trading with care this situation that to stress yourself thinking how and when this covid will end. |
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First of all you need to put some money in it mostly.
And second, your money can be gone and this game would become very expensive for you.
That's for sure, but! Sometimes, when developers just launch a game they can giveaway bonuses. Thus players help them to promote their project. That is why, when you spend a lot of time on blockchain games and take it seriously you have opportunity to start investing nothing That is really a waste of time. You played for nothing. You just give your time and effort to their game for free. I did try some games that have giveaways and free registration but i earn nothing just a waste of time.And if you put money to them it will surely lost. |
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You've list a good campaign but i hope those campaigns will succeed at the end because even we study their project very well with the best white paper at the end it turns to scam or a dead project. Sometimes other projects are very promising and they have a really good marketing campaign just to attract people to invest or attract bounty to promote them but after all it's just a waste of time. Hoping for the success of all the campaigns you enumerated here so that every person that promote them will not regret at the end but happy to have gains from their hard works.
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What are the coins that going to rock in 2020?
In my list :
1. Binance
2. Etherium
- what's in your list?
I have these coins staked for more than 3 years:
1. Rivetz
2. Electroneum
3. Digital Trading Rights - DTR
4. Eko
5. and, some other coins that are died already.
- any of these coin has future?
Do you guys think that we can invest in BTC again? It seems like BTC is slowly going up.
And, if you want to invest in some what are your choices?
Bitcoin and Ethereum is the best coins to invest in all seasons among those thousands of other coins that has no value after several years. Bitcoin and eth is already tested from the start and it is surely grow as the years goes bye because it was the coins that people first choice and it was the coins that accepted by the people in different countries with greater value and very useable in different ways. |
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Well,I experienced only a long transaction in some small exchange i used which is not operate very well.But on other exchange ,it just take a minute to less than an hour. I didn't found and encounter any problem with the transaction speed and if i can increase the fees it become more faster. So,the transaction speed i think is depend on the exchange and the amount of fees you will pay.
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I think bitcoin is one of the best solution not only to Africa's broken financial system but for every country that economically collapse because of covid19 pandemic. But Africa need to build up and develop first their technology and facilities in order to adopt bitcoin easily. Poor countries can't adopt bitcoin easily because of lack of knowledge in blockchain technology and inadequate facilities and materials to be use like computers and there is poor or no internet connection to access in crypto and other online activities.
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with barely 6 months into the year, 2020 has been dramatic and very eventful with the stock market slump, march 12 Bitcoin sell-off, oil price trading in the negative, etc. From the investment perspective, taking YTD Bitcoin and Gold performance amidst this ongoing pandemic which asset has upheld the safe-haven narrative between gold and Bitcoin?
If your talking about safety, Gold is safer than bitcoin ever since and despite of covod19 pandemic the value of Gold remain stable unlike bitcoin with volatile value. But in our current situation bitcoin is great opportunity to earn and survive even stay at home. Maybe it was not safe like Gold but it was profitable than on it. |
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I think you have said and enumerate all most effective campaigns for crypto exchange. A good marketing and promotional tool is really significant to promote every project specially for promoting exchange.An effective marketer can do everything to attract people to use and patronize those exchange they promote. Also listing a good and valuable coins on their exchange is essential specially for big investors and putting a real volume is great. Putting a fake volume won't help the exchange to grow and become popular instead it will give hesitation for investors to invest or use it to trade.
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My first experienced in crypto trading is really difficult and a lot of  ? in my mind on how to gain. I trade some dogecoins and litcoin first because it was not so valuable and just have experience on how to trade but i lost all my coins. I start over with small amount of bitcoin and little by little i learned how to trade properly and get small profit from it. Experienced is the best learning method i used in order to continue do trading until now. |
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Hello guys I am Wallacem Cbroom. Now I am going to Share my experience about cryptocurrency exchange. In the past I use a exchanger. I don't mean the name of the exchanger but I must say you one thing that I was cheated by the exchanger. It's transaction speed was not so fast. Then my one friend suggest me an exchanger called propersix exchanger. You don't believe that it's transaction speed is 6000 pts. And it's also secured for it's using technology. It use the latest Blockchain technology. So, at this moment I using this technology. So. now I must say you all to try this exchanger. More info: https://propersix.tradeI think you just promoting your exchange. Maybe this is your own exchange. Anyway if your talking about the speed transaction of an exchange I can recommend you Binance and OkeX. This popular exchange I used since i joined in crypto has a good and fast speed in terms of withdrawal or any transaction you want to do. Ever since i used those exchange i didn't encounter any problem regarding deposit and withdrawal. I think you should try to use those popular exchange for more experience. |
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I am not a newbie in cryptocurrency industry.But that doesn't mean i am a big trader.I am a small trader and in this topic i will tell about my mistakes i normally do.So small traders can survive and avoid those mistakes.
1.Normally when i buy any coin,i wait sometimes for coin to rise.But when it doesn’t i sell this coin and after somedays it increases and it leaves me thousands regrets.
2. When i decide to buy any coin,i don't study about its chart,so normally i buy coin in their peak.As a result when the price of the coin falls,i loss chunk amount of money.
3.My biggest mistake is panic selling.If any coin falls a little i panic and sell my share.And it cost me some money.And again when it increases,i try to buy.Its not very good.
So i want to tell all that you have to understand chart,their graphs and you have to read projects whitepaper and all.
Thats it for now.All of you can share your trading mistakes and we all can learn from it.
That is a normal mistake of all trader which is not fully understand the consequence of doing trading without knowledge about it. What you have mentioned are also my mistake when i start trading but now i learned from those mistakes. Trading is so risky that's why we need to study everything before we trade. And always bring patience as your shield and sword to avoid losses. |
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His skills is really amazing,making profit of 12 BTC in just a month. He has an ability that we don't have. I hope i'll be like him so that i can also earn a lot through trading specially at this covid19 situation. I want to learn more in trading so that i can earn like him even in a dumping of price. But i think it's really difficult for me. Need more knowledge.
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If you look at the chart of Bitcoin. The volume of the latest day is lower than all the days post the march crash. Can someone experienced explain what this would imply? My thinking is that being not interested shows weakness. I am on team bear for now.
Thanks in advance!
Volume is determined by demand. It means when the volume of that day is lower than the other day,the demand to buy is less compared to other day. this is the right time to take advantage of buying while the price is low if you have some capital to invest. |
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I hope that even though we as daily traders sometimes we lose because of our mistakes when the market price suddenly drops very deep and because we panic and sell some of the altcoins we have that we buy at high prices, or we can't hold it because of that maybe the reason we sell it for daily needs, but even though we still have some assets left, we have to trade with the remaining capital, and for example we have less money, we can buy bitcoin or altcoin at current prices, but even though it may take a long time to recover from our losses, we must not fall, we must remain optimistic and struggle to re-trade and recover our losses, because anything can happen to the price of crypto, and nothing is impossible for us to be able to recover our losses quickly.
Patience is always the key to earn or to recover from lost because of our trading mistakes or because of price volatility. Quitting isn't an option if you want to earn money online or in crypto specially this pandemic situation that most of the people has no work. Don't stop, instead try and try and learn from mistakes to make your trading successful and profitable and avoid losses. |
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You right,always protect your investment because crypto market are so volatile. But if you have patience,when the market is down just stay calm and wait for it's price to bounce back. Market is just a play of high and low but it will test your patience.
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As we see everyday many people are dying every day in Europe and America and their economy is going down every day and economy specialties are guessing that the USA will lose his position as economy king and china will take over and we are already seeing that china economy didn't drop much and there already making money in this crisis.
I don't think China will take over the position of USA because we all know how strong and powerful the US even after this pandemic. And even US is affected too much with covid19,I don't believe that their economic status will be down and take over by the China. Ans because of the gap between this two country ,trading will be a problem for China to US. |
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If the covid19 is one of China's strategy then,they already succeeded because whole world are now suffering of this virus pandemic and we don't know if when it will end and when to have a medicine for it. But I think China has a cure for this that's why they are not too much affected even their market economy.
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