Latest posts of: Abraham777

If you're wallet never sync before , there are "Out of Sync" with red color in your wallet. We already know if you want to sync Bitcoin Wallet you need more than a day to sync entire blockchain network (more than 50 MB i think) , but for Altcoin Wallet you only need a few MB for sync your wallet and it takes 3 - 10 min depends on your internet speed because the blockchain hasn't complex yet.

Evaluating crypto-currency is not so easy. Only seeing the price graph is not enough. Luck is 40%. Market prediction by seeing the graph or using technical software is 30%. Experience 30%.

More than 90 % altcoin are scam. So be very careful.

The price of crypto-currency is increasing that does not mean it is good thing for long term investment. I left these for your decision. Learn, understand then invest in it. No-one knows the future, use your wise sense of judgement.There are many agents who will tell you to buy crypto-currency so that the price goes high and big investors can utilize this by selling their crypto-currency. I think, now it is clear to you how it works and why people (agents/investors) are always telling to buy and hold crypto-currency.

“Don’t buy crypto-currencies in a hurry for a high price, wait for the right time.” I think you have got your answer, I generally don’t get time to write here but i give most trading tips while answering questions.

The private key must remain secret at all times because revealing it to third parties is equivalent to giving them control over the bitcoins secured by that key. The private key must also be backed up and protected from accidental loss, because if it’s lost it cannot be recovered and the funds secured by it are forever lost, too.”

Facebook has toyed with virtual currencies before, with features like Facebook Credits, which was used for in-app purchases in games like Farmville. However, the currency never took off and was eventually abandoned.

Putin’s Law

Vladimir Putin is very much a law and order kinda guy. If you watch Putin operate in the public arena he always does so with an eye towards the law. He believes strongly in the law. And cryptocurrencies, despite their obvious benefits to a Russian economy that needs the type of disintermediation cryptos offer, operate in a legal gray area that makes Putin uncomfortable.

So, the goal with Russian official crypto-policy is to stamp out the illegal activities – the money laundering, terrorism-financing, human-trafficking, etc. – while simultaneously using the technology to modernize Russia’s internal capital handling capabilities.

This is what the crypto-ruble is all about. It is a way for Russia and Russians to provide a gateway between the crypto-world and the so-called real one. It ensures that this new form of ruble properly tracks capital flow through the Russian economy.

By taxing crypto-rubles at the capital gains rate for those that cannot provide a paper-trail of ownership, Russia and Putin are incentivizing the development of low-cost crypto-payment systems to exchange rubles for goods only in cryptocurrencies that also track ownership, like Ethereum and others that have transparent blockchain histories

Negative stock market returns occur, on average, one out of every four years. You will see the positive years far outweigh the negative years.The average annualized return of the S&P 500 Index was about 11.69% from 1973 - 2016. In any given year, the actual return you earn is likely to be far different than the average return.The media talks a lot about market corrections and bear markets.

A market correction means the stock market went down over 10% from it's previous high. This can happen in the middle of the year, and the market can recover by year-end, so a market correction may never show up as a negative in calendar year returns.

Option trading is more complicated than trading stock. And for a first-timer, it can be a little intimidating. That’s why many investors decide to begin trading options by buying short-term calls. Especially out-of-the-money calls (strike price above the stock price), since they seem to follow a familiar pattern: buy low, sell high.

Vitalii described three key issues for banks in building their KYC programs:

Duplication of efforts. Today, people need to go through the KYC process for each one of their banks, as well as with any particular bank’s subsidiaries in most cases. Conversely, banks need to identify and verify each one of their customers, even if they’ve already been identified and verified by another financial institution. This is clearly a time-consuming, wasteful process.
Limited digitization. Many banks, “even in very tech-savvy jurisdictions,” Vitalii said, “still use physical forms with the implied administrative and customer burdens.” This is another legacy of a pen-and-paper era.
Spotty audit trail. “Compliance departments and regulators struggle to identify an impartial and immutable audit trail,” Vitalii said, further adding to delays and expense in a business, where today’s customers expect lightning-fast service.

You can use Bitcoin to buy things electronically. So in this particular way the Bitcoin is like conventional currency like euro, dollar etc. which can also be used to purchase things electronically.The most important characteristic of Bitcoin and what specifically differentiates it from conventional money is that it is decentralized i.e. no one particular institution has complete control over bitcoin network. Many people like this feature because they like the fact that no large bank can control their money.

Post Count :64
Rank :Jr.Members
Ethereum Address : 0xED9c47E4F6B29EC2467FDbbf800b2C4Da48C3293

Post Count :63
Rank :Jr.Members
Ethereum Address : 0xED9c47E4F6B29EC2467FDbbf800b2C4Da48C3293

Bitcoin’s current market cap is $193,165,354,468 in order for you to make 100% this number would need to double to just under $400 Billion.

Ethereum’s current market cap is $44,715,990,083 , roughly 1/5th of Bitcoins. In order for you to make 100% the price would need to increase to just under $90 Billion. - Mathematically this is more probable.