all arrows lead to electric??
www->internet[physical]->(+)-> electric All computers use electricity. The info graphic is meant to show that the physical layer of the internet consumes electric to route packets, mining consumes electric, and operating a satellite requires electric. yes ut consumes (takes electric) it does not produce electric(leads to) i was just basically saying about basic electric direction in the world electric -> internet not internet->electric and electric -> mining not mining -> electric without going through all the processes involved in the middle and the loops through propagation consensus and so on... electric-> mining->tokenisation not the other way round in short without electric there would be no internet, no bitcoin its not (as your first design) where the internet and bitcoin leads to electric so your arrow points should be at the other end of the dotted line.. (not pointing towards electric but pointing FROM electric) In fact, all of today's technologies are based on electricity usage. Without energy consumption, we cannot use any of the latest technologies. The only problem with the energy consumption for mining is that it consumes too much. I think this is a problem that can be solved over the years. And when this problem is solved, Bitcoin can gain a lot of value. |
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Bitcoin has changed many people's life.. Many people become rich with Bitcoin.. So how was your life for this 10 years with Bitcoin?
Firstly, the number of people who believed in Bitcoin was very few until a few years ago. Maybe we just chose to believe this forum and very few people from the outside. Despite this, there has been very rapid progress over the years. At the end of this decade, it was up to 20,000 times the USD as a currency. Yes, he lost value, but he won a huge community support behind him. Thousands of platforms based on Bitcoin were installed. Moreover, Bitcoin did not only develop itself. It also inspired more than a thousand projects based on Blockchain. |
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I think Blockchain is now widespread all over the world. Some countries like Malaysia are doing extra jobs, but almost every country is getting ready to adapt to this technology.
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It doesn't seem right to use localbitcoin.com-style platforms. And as his friends have said, you should read the rules very well on such platforms. Moreover, sometimes escrow charges can be very much there.
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Hi,
Maybe I have stupid ideas, but I need your help to understand better Bitcoin.
I newbie in Bitcoin and I was thinking about cloning github repo, modify code and make PoW easier, to create new fake Bitcoins. I was not thinking about existing Bitcoin network, I was thinking about creating another parallel network that mining Bitcoin is easier. And then exchange Bitcoin to create confusion and maybe inflation.
Is that possible? Why is/isn't possible? I think that I have not all Bitcoin topics clear, so I will appreciate your help.
Thanks
I'm sure dozens of people have tried this. But the HASH power of the miners comes into play here. It doesn't make sense unless you get more. If you can achieve so much HASH power, there's no point in doing that. The Bitcoins you'll dig up will save you enough. |
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I think you're lucky too. Me and a lot of people here have not yet seen the Bitcoin ATM. These ATMs need to become more widespread.
Airports, Shopping Malls, Squares ... If the number increases, the recognition will increase.
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Circle Executed $24 Billion in OTC Trades in 2018 source : https://cointelegraph.com/news/circle-executed-24-billion-in-otc-trades-in-2018There are a lot of transactions through OTC and based on the above article OTC transactions are not reflected in the cryptocurrency market https://coinmarketcap.com/ since there is OTC does not require 3rd party like crypto Exchanges. I was thinking, maybe there are bigger transactions done through OTC combine, compared to the total marketcap now which is $130,315,196,527 • What's your thoughts on this? In the near future (probably within a few years) the market will be largely cleared. In this case, we will see the real value of the market. However, we still have to wait for a while. |
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Bitcoin and other crypto projects all work connected to a blockchain network. Transactions for crypto money projects are very important. Therefore, mining operations are of great importance.
Blockchain mining means no transaction. This is unacceptable.
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We can criticize Bitcoin and all other coins. But why? Why are you saying it is useless and garbage etc... Criticize and doodling is different things. Please seperate this two from another.
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Please correct me if I am wrong. I am holding Waves in my Waves (web client) wallet. And I will get free x5 WavesX, it is ok?
And I wonder that when will you pass your mainnet completely? Or you will continue to with Waves Blockchain?
Right, Waves X have their own blockchain. OK. But How can you do this distribution for us? As a Waves token? I am confuse a bit. Please make a datailed explanation. So we can understand this project truely. |
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Please correct me if I am wrong. I am holding Waves in my Waves (web client) wallet. And I will get free x5 WavesX, it is ok?
And I wonder that when will you pass your mainnet completely? Or you will continue to with Waves Blockchain?
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This might sound like a basic question but bare with me I’m a beginner. I’ve been reading about some nightmares people have had losing their money. Is Coinbase safe? And besides having a secure password and pin is there anything else I should be doing? Would appreciate the help.
Cheers
Obviously, all of the crypto money wallets can have a number of problems. But some are safer. Money in stock exchanges can be risky. In order to understand this, you can see the Mt. Gox example. |
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I think that bitcoin and crypto coins are very important structures. But the immortal approach was a bit too ambitious.
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Yes, it is quite possible. But we are all on the same ship. I don't think they want to affect badly. But, it still possible... |
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I read an article about this yesterday. Bitmain said he had 1 million BCH and LTC. They gave their opinion that they could sell these coins because of a shortage of cash. This can be dangerous even for the whole market. |
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As we all know that bitcoin is the king of the crypto universe because it is the first and original cypto currency, and it is undeniably responsible for the invention of blockchain technology, because of the discovery of blockchain technology which is the main reason of the growth of the alternative coins, altcoins are generally defined as “bitcoin alternative."
altcoins will and should die...then the price of btc will go up I can understand what you've said will die. But I can't understand "should" part. Why they should die? If you say there are too much altcoins and most of it shit ones. But not all of them is shit. There are a lot of good project and coin (or token) in market. Bitcoin is one of the greatest but not only one. I like also Ethereum for example. Please be careful a bit. It is not right thing you say! |
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1. Speculative/trading/buying coins hoping to get rich.
2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.
Also why did you get into bitcoin?
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.
Almost everyone's main goal is currently focused on investment. Everyone is investing in the future value of Bitcoin and in order to make money. A small number of people like me, are not looking at Bitcoin as USD. What is important for us is just how many satoshi we have. We do not sell Bitcoin to buy USD, I think the market is keeping up with that way. |
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Unfortunately this is a very sad situation. And I guess there's nothing to do from this point. I wish you would have studied the security tools to protect you in more detail.
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Unfortunately, Dead Cat Bounce seems more likely when we look at this point. But the crypto money market has always tended to move unexpectedly. I hope we see the Bull Run.
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