I've answered this same type of question within another thread, this isn't science fiction, today's quantum computers are quite harmless, they still haven't worked out all of the kinks yet. Quantum physics is a trick subject that can never be written in stone or explained with simple logic. Quantum mechanics defies the laws of modern physics as we know it. It means that past the molecular level, existence remains in a state superposition( think Schrodinger's cat). The D-Wave quantum super computer is the closest thing to a commercial product right now, and it handles a limited amount of things that are criteria specific. This means it can only do certain types of calculation at the moment. It could easily end up being a few years until they become mainstream and consumer friendly. Here is a buyers guide if your interested in it for reference purposes https://www.newscientist.com/round-up/quantum-buyers-guide/ |
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I doubt it, I think people have watched way too many science fiction films to think the current quantum computers will do significant damage to anything yet. I still think they are trying to work out the kinks. The quantum computer runs differently and needs to be kept frozen to get the Q-bits to assume superposition. We've come pretty far but until they can become an actual commercialized success, I wouldn't worry about it for now. I think the only commercial product in quantum computing that is available is from D-Wave. Check it out for yourself https://www.dwavesys.com/ |
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Nice, that means millions are aware of Cryptocurrency and possibly of its hidden potential. Those wallet numbers will only grow and to think that it's really been 10 long years since the birth of Bitcoin.
I think crypto has come a long way, too bad proper regulation could take a little while longer, but at least Congress is fully aware, especially since Zuckerberg presented his Libra platform to them, he caused quite a stir, even ruffling of a few feathers.
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Please stop your whining here if your friend dont know nothing about blockchain and crypto then teach him so he can be independent
Don't let them invest in what they don't know about
how can you invest into somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
I would never invest in something I have no clue about, It is an excellent way to lose the very shirt off of your back. I would have to thoroughly research the potential investment first and make sure to practice my due diligence, not let my emotions get in the way which leads to making unnecessary mistakes. The best way to take on a new venture is to educate yourself upon the matter first, then decide whether or not if it's worth undertaking! Just my two cents! |
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The introduction of Merit was declared as deterring new users with bad posts. And if you think about it - what is the ultimate goal of modern beginners at bitcointalk? Of course, one way or another to get into subscription campaigns. And where are the subscription campaigns? That's right, in an anglo board. I used to think that the Americans with the British are here, but it turns out that it is rabble from all over the world.
And so it turns out the following: we in Russian locale on the first line of defense do the main dirty work for free, and on the English board campaign managers comfortably manage their factories of shitposters, already filtered by suckers like us, they monetize themselves and have no problems with the influx of new hunters to argue for a long time in Meta in a circle about the same thing.
bitcointalk.org became signaturetalk.org
I do not want to participate in that and ask to transfer my merit source functions to someone else.
If you want high-quality posts, remove the signatures campaigns from the forum.
I mean no disrespect in the following words but I'm here just to voice my opinion. This is ignorance and selfishness, you've been on this forum almost as long as me, way before there were many signature campaigns as there are now (if there were any). A lot of the "Rabble" that you call people here hail from various parts of the world including third world countries. Some of these campaigns are feeding peoples families with what they earn. People are making more here within the forum than they could working a regular job within their own country. You've been fortunate to haven been here before the merit system was installed meaning you're rank was able to prestige naturally with active posts. I agree people come here to earn income and yes there are many shit posters within the forum, but to ban signature campaigns and other means of honest monetary compensations would hurt a lot of people. I agree that we need some reform on the forum. |
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I just saw a news that yesterday Brac Bank Talking about blockchain technology and they also working to legal blockchain technology.Maybe this is the first time any Bank in Bangladesh talking about blockchain.Though few months ago Bangladeshi PM told that blockchain technology will be legal soon.Now just waiting for confirmation that bitcoin (blockchain) is accepted.Because we faced many problem to use btc,even few people arrested.also in 2018 one people scammed me 4-5.5K$ worth of crypto currency.who live in Bangladesh. Even he scammed maybe more than 300k$ from 20-30 peoples.Though i have all kind of proof but i didn’t take any steps because crypto is illegal.I didn't take any steps.because police can arrest me for using bitcoin. News source: https://www.thedailystar.net/business/news/pri-brac-bank-workshop-focuses-blockchain-sme-1819279?amp India is old school and up to now has been taking extreme measures in dealing with cryptocurrency. Cryptocurrency give those who are poverty stricken a second chance especially those who depend on the Crypto bounties to make income just to survive. What nay seem like peanuts to some, may feed a whole family within an impoverished country. It is good to see people in India taking the high road to get regulations pushed so that the law becomes easier to navigate. Some countries aren't as quick to reach a compromise. I think fear and uncertainty is what drives governments into throwing ban hammers at crypto being it's easy to outlaw it and then figure out the details then to just let things be. It is stifling to creativity and hurts the peoples pockets. Hopefully governments work with the people to make guidance much clearer. |
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Original Post: https://bitflate.org/post/2019/10/25/market-is-not-ready-for-libra.htmlFacebook CEO, Mark Zuckerberg, recently appeared in front of the United States Congress for a hearing about Libra cryptocurrency. The hearing lacked substance. Most congress members did not inquire deeply about Libra. They instead delved into smearing Facebook and its credibility. Both sides point fingers at each other. Crypto aficionados laments the lack of openness from regulators to new technologies. Regardless, there is deep misunderstanding and distrust between the public and the tech community. Emerging markets of cryptocurrenciesSince the birth of Bitcoin, crypto builders have been developing the wrong solutions. The first generation of cryptocurrencies were hard forks of Bitcoin. They tried to create so called better versions of Bitcoin. Then there were efforts to generalize Bitcoin to blockchain technology. These trends continue. But we still end up with no cryptocurrency that we can use for everyday transactions. It’s time to resolve the ideological debate between centralization and decentralization. Historical trends in technology told us that we swerve between these two polars. We cannot completely settle into one place. That would be utopia or dystopia. We went from mainframe (centralized) to personal computers (decentralized). Then we made the transition to cloud computing (centralized). There is now effort to decentralize the cloud computing stacks. The cycles never end. Each cryptocurrency makes their own design tradeoff. It it useful to think about monies in a spectrum.  As we move from Centralization and Decentralization, we get different kinds of currencies. Each comes with their own advantage and disadvantage. The potential of semi-centralized cryptocurrencies like LibraLibra is a semi-centralized cryptocurrency. It is a better version of centralized cryptocurrencies like Tether or USDC. These coins are issued by a single entity. There is no way to audit their record. We rather have a stablecoin issued by an association of companies. The Libra Association has a governing charter. It is beneficial for consumers having member companies audit the Libra record. These member companies have competing agenda. They serve as check and balance for consumers. Libra is too earlyUnfortunately, Facebook initiated the Libra project. The company was involved in many data and privacy scandals. Consumer’s trust in Facebook is low. Another hurdle for Libra adoption is the public’s misunderstanding. Bitcoin is difficult to understand. Most people don’t have time to dive into its details. Its price fluctuates wildly. They don’t see benefits of cryptocurrencies. Bitcoin has as many critics as believers. The public has not accepted a crypto future. To normal people, Libra is another effort by big corporations to intrude and control their lives. Filling the gap with Bitflate, a decentralized stablecoinBitflate is a cryptocurrency with constant inflation rate of 7%. The project’s goal is to create a digital native and decentralized stablecoin. By adding inflation, Bitflate price will not rise forever. It will have less price volatility. Bitflate can be a gentler introduction for people to the world of cryptocurrency. Cryptocurrency FutureA cryptocurrency future is inevitable. There will be many cryptocurrencies. Each will have a different design and tradeoff. Instead of thinking about zero sum games, we need to look forward to this future. We will have greater financial freedom. We can choose the best currencies for our financial goals. Governments and companies will soon join this vision. At the end of the day, we the people, are in control. The government is always the slowest and the last to adopt new technology. I'm not sure if regulators are ready to give Libra project the light of day because I'm sure that it will change everything as we know it. Adopting Libra means adopting cryptocurrency world wide. Facebook already owns Instagram, WhatsApp, and occulus rift, if they were allowed to make a stable coin, they would have a very great deal of influence and power in every single country where Facebook is accessible. |
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Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
I'm not sure which angle for you to take because according to your statement which is hard to comprehend, I don't know if your an investor looking to invest within an ico or apart of a startup company looking to crowd fund capital. Either way, whichever you are, you seem to be worrying about the regulatory hurdles in your country. Please edit your post to make your wants and needs a little clearer and concise because more information is needed. If it is a legal problem then you should address it within the "Legal" sub-forum apart of the "Bitcoin Discussion" forum. |
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I think that it is good that cryptocurrencies are starting to gain some recognition but with the case of the U.S, their word is usually the final. Right now Zuckerberg is being put through the ringer with investors ready to pull out completely from Libra, which may aid heavily in cryptocurrency adoption. I also think that the institutional investors like the idea of having Blockchain technology better than the idea of having a whole cryptocurrency built around one. The transparent public ledger is all the fuss these days, but the token attached to it is stigmatized. |
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Bitcoin is the top dog on the market and is also the first cryptocurrency. All other coins depend on Bitcoins success in order to thrive. When Bitcoin falls, you can be sure that alt coins will fall right along with it.
Until a true successor to Bitcoin appears, I believe things are going to stay this way. On a positive note, if Bitcoin rises, you can expect the alts to rise as well. Seasoned investors use this to their advatage.
Just my two cents!
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Hello everyone! I have some interesting thoughts to put forward about Hal Finney being Satoshi. (I don't know if they are new or not)
I would say that Craig Wright is a liar and maybe Hal Finney is the creator of Bitcoin because:
* Hal Finney died because of complications with ALS in 2014. (Bitcoin was created in 2009)
* Only a dying person has no interest in fame or money and that is why he hid is name and worked for a greater cause, to revolutionise and discourage centralised banking systems.
* Why would someone like Craig Wright try to be 100% private and then all of a sudden become public? He also only became public AFTER Hal Finney's death.
I'm not sure who craig wright really is but I'm certain that he isn't Mr. Satoshi, for sure. Like you had said, why take all of the trouble to conceal ones own identity then all of the sudden rush into the spot light to claim the fame (infamy in Craig's case)? Why make blockchain open source at all, why didn't he try to sell the idea off? I don't think Hal or Craig is the creator. |
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Hypothetically speaking, for arguments sake, if I was lucky enough to be graced with the presence of and able to have a dinner with Thee Satoshi Nakamoto (assuming that he's a single solitary entity) would ask him/her/it several questions. 1: I would ask why did you choose to make the blockchain project open source? 2: What political affiliation do you have, if any? 3: Any religious background or upbringing, as well as thoughts and feelings on the matter? 4: In a world of increasing vanity and selfishness, why choose anonymity instead of fame? 5: None of your coins from your original wallets have ever been moved, your whole approach seems way too altruistic to be true, who are you really? 6: Are you a quantum computer or some form of advance Artificial Intelligence? Just my two cents  |
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There is this misconception that has been created about bitcoin and cryptocurrencies in general which needs to be cleared once and for all. I quote Satoshi's words from his whitepaper "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."Maybe i misinterpreted this but where in this statement is it written/implies that bitcoin is going to get rid of poverty. Let's not get things twisted and funny enough when their false assumptions don't come to pass they tend to consider that the technology failed. Well i guess they failed in interpreting this simple message above. I agree, people act as if Bitcoin was a magical beanstalk that would grow by throwing your money at it. Durring the big pump a while ago when the market price reached the all time high, people where taking out money against their homes and emptying their savings accounts, then it crashed. It's just gonna take time for the sector to evolve a little more, I don't think crypto would do well mainstream to ordinary people, But one day perhaps. |
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The thing about Bitcoin is this, If the price ever reaches a certain height, chances are that the altcoin market will also follow the move. What then will happen to the worlds economies if everyone decided it was a good time to cash out? Do you think the banks will allow people to suddenly withdraw all of their Bitcoin and altcoins? Surely it would crash the planet. Bitcoin and crypto-currency in its current state is unable to reach the mass everyday consumer. All these statistics are great, but the only way for the real mass demand for crypto-currencies will be if for some reason people suddenly started to abandon their government based fiat system. Even then, I don't see that happening, especially not any time soon. How crypto-currencies appease the Luddites of today's society, and those who are tech illiterate or impoverished? What can crypto do for them that wouldn't be more of a staple convenience than fiat? The only way I truly believe that the common folk of society will demand Bitcoin/crypto-currency is if it makes fiat obsolete, and not just act as a digital store of value. Just my two cents |
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As far as I can see, we are surrounded by the ones who are willing to become rick quick through bitcoin and other altcoins. While they are doing this, we are missing a lot one of which is the ideas of satoshi. Because of these people, bitcoin is getting negative comments by the ones who are losing money in short term and telling a 'scam scheme' to bitcoin.
A Manifest to The Community
1) We need to go back to the roots
2) We don't need institutions to back us up
3) We need to apply the decentralization through getting the nodes out of the centralized servers firstly(aws, google cloud etc.)
4) We may delay the mass adoption thoughts until we fix some centralization issues
5) This forum needs to be decentralized too
1) I'm not sure if that is possible, the crypto-currency scene is constantly evolving and institutional investors and regulators now have their eyes upon all things crypto. 2) I agree we don't need institutions to back us up. Cryptocurrency seems to have a life of its own. 3) Not sure If I understand correctly 4) Mass adoption is inevitable with Facebook pushing the forefront and on the frontline for the crypto community. Any blunder Libra makes will set the standard on how other companys choose to navigate the law. 5) I doubt the forum will ever be decentralized, it seems to be in good hands. The community is meticulous with how things are run, if you don't agree just check the Meta sub-forum. |
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I have been gone for so long due to my hectic schedule at the university, but since I have graduated already and I have taken my board exam I am now back here! Finally.
I have noticed how altcoins I own before depreciate so bad. I even have two or more kind which up to now have no value. Is the market tthat bad already? I mean, I can actually read threads here but ofcourse getting direct feedbacks from all of you who stayed all through out the time I was not around would be very helpful. Please help me learn about the new environment of cryptos now. Thanks.
First of all, congratulations young scholar  , It's good to know you have another occupation outside of Cryptocurrency. Yes, the market really is in terrible shape right now, but only because of the price correcting itself after the big $20k Bitcoin bubble popped. You said most of the tokens you owned had depreciated in value, welcome to the club! . The market is facing regulatory hurdles which may be the cause of the deterring price, who knows for sure. While you were gone, Facebook started a platform named "Libra" that plans to release a stable coin (also named "Libra") for the masses (people who use Facebook/Instagram/WhatsApp). |
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We have come across so many national currency becoming worthless and recently we have heard the news of barter system in Zimbabwe due to the fall in the value of national currency but what really makes the Fiat worthless? Is it corruption or war or national economical crisis? Or the National GDP which makes it fall?
I think fiat currency becomes worthless when it becomes too inflated, or when people stop trading it all together and start utilizing another type of currency, usually a stronger foreign fiat. The the U.S uses a fractional reserve system through the federal reserve, so the dollar is no longer backed by a gold standard I think. Money is real complicated, there are many systems that make it work. I honestly don't know the full mechanics of the monetary system. I'm in doubt about crytpo currency ever completely replacing fiat, at least not any time soon, as it is way easier for the modern man to use fiat cash. You can simply exchange physical fiat faster for transactions than having to whip out your smart phone or ledger and scan a QR code and send a transaction, then wait for it to be approved In order for cold hard cash to be replaced, you'll have to put a smart phone in every single persons hand, including those who are poverty stricken, in remote areas, etc. Seems like its much easier to deal in physical cash for now. Who know 20 years from now? |
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Hi,
All below addresses were emptied this year. Most of them in Sept. 2019. Around 2982 BTC in 21 addresses.
All addresses were first used in 2011, and dormant until now.
BCH is still there except 1 address.
No spending transactions on them so the public key was not known.
The owner he suddenly remembered after 8 years that he had some BTC?
12CpK8apTJfaMSiPYhGMDdaRRFYoS721Px
13GUJutC6GKgJQTcGzCtznDDYFQKVJFVwp
13Sa73PU9Ar5sE4SdFcBdbg9ntbNcMQhaA
14k4GhqA1svNZPbssdAjgdnfzWTpAigZVH
14nppk7sMVv91n1Nch6DQKaFto3wVmh8yT
16KVwFVDfU3DKrvnGGSM7hsGp3MnvHczuB
17tXBRCQzQz87zYetp3wwJRms4fcWN4a8v
18ws2qaW2xBRWGCmfjnDiDHa55A5iSJogP
18xEu7DB8u58ivNa3VwEFeEc4ZbjtMVtPD
19w2MURRz5LsjNHCckmp65YX4WCc7kJdJF
1APGxVLKXhXepeaAjV6z3s4d7xCYXXDwmj
1Aw7mXtLMDjTBNcaqjv6cT935BEQQr5vRF
1B3m4F831f9u6ySnpYbUwgriJAgS3tuso5
1BpqxJp2LEban4mJou5rDHYmzA9eTwKbXY
1CbvcQXEYrqXqbBczHL8to3xeVZ3EsgrhH
1DKwr32h5F6uuUmePdT7esZ21AfK7ovASK
1FRtwC64bWcMb7RGBcwLJTup6tYrCMs9ge
1HQT2UZEK4i3yHnYbVTaXNccgnM45th94f
1MtUY5R3xixWfthqrprVPWMMTwR5A7GU2x
1nYrmtXVjX9G3Q86tdKcKQRCq2MPVvNp9
What are your opinions?
The guy probably waited until the regulations were a little bit clearer. My guess is that m way back in 2011 their wasn't much regulatory guidance. I don't think the IRS, SEC, or CFTC gave much advice around this time. After all, Bitcoin would only be 2 years of age. Giving the owner of these address the benefit of the doubt, he is most likely an early investor. |
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What is the First Cryptocurrency(First digital money)?
I'm not sure what the first early models of cryptocurrencies looked like, perhaps E-gold? I know the first modern day cryptocurrency I invested in was with Bitcoin. At first I had thought Bitcoin was the new E-Gold, so I didn't invest 10 years ago, boy was I wrong. I've been kicking myself ever since! |
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The Wikipedia's definition of DeepState:
"In the United States, the term "deep state" is used to describe a conspiracy theory which suggests that collusion and cronyism exist within the US political system and constitutes a hidden government within the legitimately elected government."
Kind of like what's been surrounding Trump these days with all the nonsense about collision, and getting foreign leaders to aid him. It's all bunk in my opinion, and I serve neither political party, but If I had to choose, it would probably be Republican.
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