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Well i wouldnt be panicking thats for sure and I wouldnt class it as a disaster but
I would still be continuing to hold the larger percentage of my holding and spend
a bit too just to keep things moving!
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a bitcoin miner is not an energy producer or an energy company! a bitcoin miner is simply a customer of energy companies and is using what they are providing them. if they burn fossil fuel and give the produced energy to bitcoin miners you can't say bitcoin isn't green. you should say energy companies aren't green!
what is the solution? go to these energy companies and petition why they are not using cleaner forms of energy. this is not something that bitcoin can solve!
Good point, we can only use what is provided to us. It is up to the energy companies to generate power by greener renewable means, solar, wind and wave. An electric vehicle has to draw power from somewhere, that power may be generated by burning oil, gas or coal. |
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Wow such crypto, much innovation, apart from that, dogecoin has been a very solid currency, has not pretended to be something beyond what it is, the only bad thing is that development is abandoned, but I think it has one of the strongest communities in the market.
The lack of development has been balanced by the continuing support DOGE js enjoying. Why is this? Shouldnt the fact that development has ceased be enough to lessen interest in it? Seemingly not. https://www.trustnodes.com/2018/08/05/coinbase-add-doge-xrp-37-cryptos-custody-serviceHere is a report about DOGE worth reading > https://coinsutra.com/future-dogecoin-worth-investing/And an interesting snapshot which sums up the the essence of DOGE and what potentially coinbase see. "........Dogecoin dev team members which clearly indicated that as long as people are willing to engage with, learn about, or buy things using Dogecoin, it is not going to die." |
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With the exception of Egypt there seems to be a see-saw effect going on
between South America and Europe. South America from the report in up
in volume while Europe is down and to me it sounds like an economy
related thing. Interesting nonetheless.
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Personally I like Coinbases GDAX and use that from time to time for impromptu trades. It really is difficult to say what the best exchange is, everyone wants something different from an exchange and there will be lots of differing suggestions. Something to consider is Nexybit, as per my signature! So along with Futures and token trading Nexybit have just launched TOKEN TRADING with incentives for the top 3 miners as follows:  |
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Well in one sense bitcoin is already a global currency, it can be used by almost
everyone around the world to pay for certain goods online and depending where
you are in retail shops. It can be used to send funds to somebody else around
the world.
Bitcoin does not have any borders.
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Notice
With opening Trade Mining, we would like to thank our signature campaign participants for supporting us throughout. As a small token of our appreciation, we will be awarding $20 each to the following participants.
aoluain - most quality posts
passwordnow - best promoter*
*promoting Nexybit within the BCT forum
Mhd-Bobbi - best trader**
** had the largest trade volume on Nexybit exchange amongst campaign participants
The $20 will be added to their payment for Week 17.
We thank all our signature campaign participants for their hard work.
Thank you very much for the bonus nexy_jin, this is very much appreciated. |
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I notice that the ICO has ended and i am wondering if and when the rewards as
stated above will be paid out? I have sent my ETH address previously.
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Nice work! I like the concept. Do you have any further details about the work like is it a print or paint? who is the artist, did you do it yourself? Here are the images >   |
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I think it was a light humor from one of the most innovative thinker of our time and nothing else!! Also it was not a regular tweet from Elon Musk, it was essentially a reply to @vicentes and @Grimezsz. I tried to look at their comments but twitter isn't showing them up because of the huge number of replies to the original tweet! That's the reason why I am unable to understand the context.
However, it's always good to hear anything about bitcoin or cryptos in general from the famous personalities!
Light humor - agree (probably a bit of seriousness too) Most innovative thinker of our time - agree It is for sure great to hear words of a neutral to positive nature from a very famous and current celebrity. Elon Musk has the power to shape the markets to some degree. I like what he is doing and i like that he is a bitcoinist. |
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I believe it is!
What do you do to relief trading stress?
then don't do trading! it is obvious. if you find it stressful then it is not something that you should be trying, for your health if not your financial situation. there are millions of other ways in the world that you can make money or profit on an investment and many of them have lower risks and stress compared to trading. I used to get so stressed when trading , in the end i gave up because it was devouring a lot of my time and energy. In the end I personally didnt make any worthwhile gains for what it cost. Not everyone is suited to trading, there are those who excel at it and others who dont. |
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More and more people are realizing how powerful data is and need to be protected. Data is the new oil, and companies like FB and amazon are the new petrodollar oil champions in the world. Fortunately, blockchain provides a reliable way to break these islands of data and create a world in which data can be liberated by sharing data while still maintaining the same ledger or its original ownership, allowing creators to be rewarded.
I agree that ownership of data can be controlled, recorded and tracked with blockchain but only in certain types of data. The stuff posted on social media is posted by people who either dont care about ownership or realise they sign away the rights to what they post. More and more people are realizing how powerful data is and need to be protected. Data is the new oil, and companies like FB and amazon are the new petrodollar oil champions in the world. Fortunately, blockchain provides a reliable way to break these islands of data and create a world in which data can be liberated by sharing data while still maintaining the same ledger or its original ownership, allowing creators to be rewarded.
Data is really very important in modern times now. There are tools that can look at our data and know how we are. That's why advertising campaigns are becoming more and more popular because it meets the needs of the people who need it through our personal data. The most important link in the chain. Is "humans". We are just as important as the data because social media needs us to point their advertising at. We are the product of social media, not data. |
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Could you see a future wherein the entire world shares one global currency, be it fiat or crypto? If I think it in a scifi kind of way, it would most probably be some digital currency that could all just use. It doesn't even have to be in this century. Maybe the next?
Yes I can see there being a one world currency and it will be crypto! Well digital currency controlled by a group or a central entity , it wont be bitcoin or any other decentralised currency. I assume the point of the thread was to ask if bitcoin would be the chosen one, or to see how many people think so. I believe no country or group of countries would choose a limited supply, decentralised currency like bitcoin. Bitcoin will exist along with any other system, as is the case now. |
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if earth was to be hit by a large enough solar storm to knock out all electronics
1. "no house electric, no tv to watch, no internet, no phone, ... hmm maybe i should go get something to eat"
2. "SH*T my car wont start i cant drive to the grocery store, ok ill walk"
....... goes for a walk
3. "SH*T the grocery store doors wont open as they are on electronic controls"
....... goes to see if the grocery store were smart enough to use their old fashioned rear fire door as a new entrance
4. "SH*T they were smart enough but they have a sign 'all produce 5000% as stock is low and deliveries wont start up for atleast a month.. and theres a queue half a mile long of desparate people "
5. "SH*T there is gonna be a riot, better prepare for police/state/marshal law conditions"
6. "wait. i got meat in my freezer but no electric to keep it frozen.. hmm.. lets have a local wood fire barbecue and just eat and drink what will go to waste by tomorrow and let everyone else just fight"
7. "beer in my hand(kinda warm now but oh well... ) and as for the blockchain. whoever got zapped woulda been zapped in the day (side of earth facing the sun) so um pretty sure theres a few computer on the dark side of earth(night time at event time) that will survive. and i have my private key/seed safe on non PC format. so.. who wants a warm bear and a drift wood barbequed chicken leg.
8. month(s) later when electronics are repaird/replaced. the electric start returning to homes, peoples repaired computers and cars get returned to peoples homes. people start trying to settle back to normal life. the internet returns..
"oh no the kardashians are still posing for paperazzi". turn on bitcoin node. network starts syncing and we start getting back to normality
Yes point number 8 is the key one! Everything gets replaced and nodes start up from where the "break in service was". Why are some people worring about the most obscure events they can think of? The last thing I would be thinking of is, can I get to work? Is work still operating? will i get my weekly wage? If not how do I survive until things are back to normal? |
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Been looking for some fun fact about bitcoin and thought of sharing here since some of them are new to me and maybe other can also learn something from it. I listed top 12 favourite which I find amusing and interesting.
1. A dormant account 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF that has 79,957.19633625 BTC continously received bitcoin but nothing was sent out and remain inactive since it's created in 2011.
This is fun! First input was back in 2011 for approximately 79,000 bitcoin all the other payments are very small or micro payments right up to this year. Very strange, what would be paying those micro payments? Some sort of bounty or something? |
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I think this is massive, 100,000 bitcoin ATM'S thats amazing. I would like to
know how many transactions these are going to handle for the rest if the
Year for example?
All in all it does place Bitcoin front and centre for anyone using these machines,
great for making people more aware of it.
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Bitcoin and real estate can be comparable only that they are now 2 avenues for investing.
There are a lot of people making a lot of profit from real estate and there are also people
making good profits from crypto but like everything these people know what they are doing.
I wouldnt suggest limiting an investment to either of these, if possible we could get involved
with both.
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Haven’t people thought that we are deviating a little from what bitcoin intended to be? just need to see the first pages of the forum to realize that the discussions focused more on “which crypto will generate more money in X amount of time” or “it is good to invest Y amount of money in Z currency”. Of course, I do not think this is bad, because, in the end, investors and adoption for different reasons benefit bitcoin, but I think we are moving a bit away in the goal that Satoshi had when he put his words in the bitcoin whitepaper, and how do not do it? if is so easy to get lost in the FUD, FOMO, and a cloud of thoughts, at least once a week I have to read the bitcoin whitepaper to try to not lose the way.
Maybe I’m just exaggerating but I’ll love to hear your opinions.
Its actually a good plan to re-read the whitepaper to refresh ourselves. While spending time on the forum and reading so many threads it is easy to get sidetracked. We a know bitcoin has branched into both a payment system and a Form of speculation/investment but its the talk here which can cloud our ideas and thoughts. |
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Very sad story. There are a few lessons in this for us all. Keep your financial
details to ourselves. Some people get carried away on social media and
divulge too much of their personal lives. When cashing out bitcoin personal
safety is a major consideration if the amount is large and its a localbitcoins
sort of exchange. Anonymity as much as possible has to be considered.
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This is a great thread, i didnt know there were so many variations.
I love the input from polymerbit on the thread also, well done.
I have some of the 1/10 notes and they are magic, will be looking to aquire some more based on this thread.
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