Latest posts of: edsnowangel

Quote from: iv4n on September 15, 2018, 01:36:42 PM

Quote from: Dreamrone on September 15, 2018, 01:19:49 PM

Bitcoin will be fine and strong in the future and I am saying this because even as we speak Bitcoin is getting more followers that the past so unlike several years ago now more individuals posses at least some amount of Biitcoin in there wallets to use as investments or to make payments and with that bitcoin might become more productive and usable in the future so definitely it will do fine

9 years ago Bitcoin prices was zero, 6 years ago price was 100 dollars, 3 years ago for the first time we saw price over 1000 dollars, now we have price over 6000 dollars and we have seen price over 19000 dollars. Even price tells you how strong bitcoin is right now, much more than before, that`s for sure. By looking in the past and knowing that bitcoin usability and popularity will rise in future, it`s reasonable to think and believe in more stronger Bitcoin every next year. In 10 years we will be more than 10 times stronger than we are now.

yes I also agree with you bitcoin price might be down at the moment but if we keep supporting bitcoin and spreading the awareness of it then the bitcoin power will become stronger bitcoin is a great coin and a great opportunity to everyone

Quote from: DJ_Rick on September 15, 2018, 09:22:49 PM

I think that there is such a possibility but this will happen a bit later in the future, not now as people aren't ready for such experiments today. Government also doesn't want to take part in all this

yes there is the probability in making bitcoin centralized but the problem if the bitcoin become centralized coin then the main reason why bitcoin exist will be disregard since bitcoin was made to provide private trade of assets in an anonymous way if there is a point of control then the privacy will be gone.

Quote from: annaso on September 09, 2018, 11:41:33 AM

This IBM product is still not fully decentralize as both side centralized banks are involved. It's just payment settlement framework within two banks. They are using blockchain to store transactions. But it's good move considering other benefits like Reduced capital requirements for cross-border transactions,Simultaneous clearing and settlement,Lower clearing costs, it will be running 24 /7 etc. I am looking for first real implementation of this framework.

but I think this is a great start for the company to influence other company to adapt the blockchain technology revolution right?

this is a great news more and more companies will now adapt to the innovation of the bitcoin promoting to everyone in the world and now soon the world will accept the use of bitcoin.

Quote from: honeyira on January 09, 2018, 06:25:20 AM

What can you say about China of closing their rigs/mining?
This could overshoot the price to the moon or plunge the price below the ground?

Those holding btc just brace yourself fasten your seat bet for possible vortex of price.

what are the reason of china stopping their rigs? any reference about this because this topic is completely missing some information

Quote from: BrewMaster on August 18, 2018, 02:16:02 PM

it depends on the upgrade and the reason for that upgrade.
99.99% chance is that all the changes that are made to bitcoin will not concern the way key pairs work and it will remain backward compatible which means the keys you create in 2009, 2010,...2018,... will still work in 2025,...

but there is a tiny chance that some day in the future we find a weakness in ECC and decide we need to move to a new cryptography method for key pairs. in which case the old keys may become obsolete. but as i said this chance is nearly zero. but it is best to keep updated at least every year.

yes I agree with this changes in the credential processing will depend on the update that will be implemented by the community then I think before an update will be implemented there will be a notice to the community or a news/

AI can be great but it was Elon Musk saids that we have to control AI and not let AI control us
the thing about AI is that if you combine this with the blockchain technology then this will be a great innovation in the community but the fact that AI can be corrupted or something this will led to some leakage or something worst.

Quote from: arumslee on July 31, 2018, 01:54:27 AM

Can someone explain how artificial intelligence will effect blockchain/crypto projects from now on? What is the importance of artificial intelligence?

the thing about Artificial Intelligence is that if this will be combined with the blockchain technology then some innovators thinks that this will have a great impact in their project why AI can help in different things one big thing is in automation and making all sort of things faster and easier.

Quote from: BitcSeo on April 26, 2018, 09:05:06 AM

Quote from: edsnowangel on February 19, 2018, 12:01:11 PM

Do you have any idea's or knowledge about protecting wallet against possible so-called bitcoin private key generator? This are program developed to automatically guest & crack encrypted key through a combination of certain number's

yes I have idea about bitcoin private key generator and I also have program something like that the problem with the bitcoin private key generator is that it takes too long to find a wallet with the generated private key that has a balance right.

if you want to find my thread about the PK generating software just refer to the link below:
https://bitcointalk.org/index.php?topic=3427504.0

Quote from: muddy waters on September 05, 2018, 06:53:58 PM

Quote from: edsnowangel on February 19, 2018, 12:01:11 PM

HOW TO STOP HACKERS TO HACK YOUR CRYPTO WALLET

Protect yourself from cyber criminals

1st: Protect your GMAIL or EMAIL ACCOUNT

2nd: Use your own DEVICE or COMPUTER/PHONE

3rd: Always backup you PK's or PRIVATE KEYS

4th: Don't open links from malicious emails

5th: Do not trust PUBLIC WIFI

6th: Do not login on Suspicious links

I would add another point - use antiviruses on your devices, which will protect you from phishing activities, especially when you log into your emails.
Using a virtual machine for getting access to your wallets and exchanges is also a common practice (though not everybody is technically smart enough to install and operate a VM).

yes that is the problem most or many of the people not technically aware on how to use a vm machine and explore the ways to protect themselves

Quote from: trimulia on September 06, 2018, 06:05:00 AM

before I had never heard of Google not allowing ICO ads, but I read from some news in early 2018 Facebook had banned ICO ads. however this will affect the price of altcoin, hopefully it won't happen

yes this will never happen I think because of the community that bitcoin have and the true believers of the community

Quote from: canej on September 04, 2018, 11:46:04 AM

Indeed, hackers can not be stopped. You can only protect your wallet as much as possible. Very good information. For beginners, it is very useful.

you are right there sir/ma'am the best thing to do is use cold wallets or hardware wallets in this practice we can lessen the risk of getting hack because it is almost impossible to hack that kind of wallet

Quote from: Tinker18 on September 03, 2018, 04:00:58 AM

Yes that what you said we need to protect using hardware wallet like trezor of ledger to avoid hacking or else that can stole your funds. I highly recommend using this to avoid losing funds.

hardware wallets are the best thing to do but because it cost a little amount some or most of the bitcoin or crypto enthusiast can't afford to buy it or don't like to buy it that's why they just use free online crypto wallets

Quote from: cosmoo on September 01, 2018, 06:22:36 PM

This is really good advices for the people here. Because not much of users understand how to protects themselves and when they losing something they don't know what the did wrong...

you are right most of the people don't consider their security when dealing with crypto activities because they are not aware that there are lot of people who want to hack bitcoin wallets

There are lot of reason why bitcoin price is still going down but the biggest reasons are the dumpers trader and the spreading FUD news about bitcoins but if you are the true believer of bitcoin you will not get easily drag by this.

this a very great news in today's community this will help to open up new opportunity and other company will start to accept the use of bitcoin in the world.

It is not impossible for this to happen there are lot of various people and different organization wanting to control the bitcoin network but the fact that if bitcoin will become a centralized thing then the aim of bitcoin will be thrown away because the main goal of bitcoin is that provide a safe and anonymous way to transact money online without the control of bitcoin.

I think it's not that fast that banks will accept the use of bitcoin because banks neglect the use of bitcoin because of its features