This all sounds quite good, a more decentralised working and using far less energy than POW. I dont know anything about the security but If DASH (which is not 100% POS) can be as successful as it is i am confident about it.
There is an issue with the 51% attack as has been mentioned above, for POW it would be extremely energy reliant on attacking and maintaining, will a 51%attack be easier On POS?
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Personally i would like to see more donations to other causes most notably human poverty and suffering rather than donating to churches etc.
Donating with bitcoin has the added benefit of being virtually untraceable so the recipient would not have to pay taxes and charges until they exchange it into FIAT.
There would possibly have to be a degree of education involved for the recipient if they dont already know about crypto.
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me or anyone else, maybe a little afraid to buy crypto at the moment, the price movement seems to go down, what should I do, whether I buy or not at this time, please give your opinion
What are you afraid of exactly? Do you not understand that this is the nature if crypto markets, they are or canb more volatile times than others. If you want to trade do your research and buy your crypto at a low price If you are looking at the long term buy anytime because small fluctuations in the markets are only temporary.
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Personally I haven't done any courses but i think they are a very important thing going forward. Learning coding along with how Blockchains work and learning about mining, economics and trading would be very beneficial.
Of course we can all learn this from online sources like forums and youtube for example but learning it directly from a knowledgeable source is a step further.
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The person saying this has jumped from JPMorgan to start her own Blockchain startup named Clovyr. If she is confident enough to make the jump then this is a pretty good sign on what she thinks about the future prospects of blockchain adoption. Infact, some of the earliest individuals who invested into bitcoin and Ethereum at the right time, after it came out of the underground, were investment bankers and traders. They have been in on this for longer than the general public realizes. The problem is whether they are going to do a pump and dump on us now.. or actually going to switch to actively selling and trading bitcoin. Correct, i enjoyed the article. I would take note of what this Amber Baldet as she would have inside information being formerly of JP Morgan and launching her own project for DECENTRALISED apps. This point is notable though. "But even where the will is, the legal and regulatory framework is challenging."
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A global centralised economy is possible, look what we have in Europe, the Euro - a common currency across 19 countries. Extending a centralised, currency around the globe would be difficult as a centralised currency but not impossible. Its certainly not going to happen overnight or in the bext number of years either.
Wheras bitcoin is decentralised and is already global.
Lets see in the future if Fary Cohn's prediction comes through.
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Any government can introduce as much regulation as they want but As posted above we all can choose to adhere to the rules or not because bitcoin itselfin decentralised.
More regulation just restricts what the owner can do with the crypto and how freely it can be moved. It also restricts who can afford to have crypto for example to be able to aquire it from outside the country.
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This posted article is more about Distributed Ledger Technology and Blockchain than it is abiut bitcoin. In fact bitcoin is mentioned once in the article and states that blockchain is not restricted to bitcoin alone. What its about is nurturing the blockchain industry, the regulated and controled type.
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snip
Those hoarders are what we called bitcoin whales. Those are manupulators of price. They control the price to get more initiative profit or money. I dont trust them cause I know they can dump yung token anytime. They are the time that no exception in that bitcoin whales. The ones depositing with Xapo may be classed as whales but as the bitcoin they deposit is on hold it doesnt affect the market price. Manipulation will only happen if they move them. So for all those that say holding bitcoin is the wrong thing to do, Xapos millionaires think otherwise!
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"Investing" in masternodes, is this the new get rich quick route?
A friend who is also into crypto is getting into masternodes and im sure this is nothing new as a means of investment. The likes of running a DASH masternode for example is pretty much out of reach of almost all of us.
Are people treating masternodes, like others treat ICO's, get in for the quick gain rather than supporting a project they believe in?
If you get into a masternode being an early adopter to it, when the coins are cheap, your investment can do wonders. I have been in few like ALQO, GIN and planning for REBL in coming future. Eventually like any other crypto investment, your entry point decides your P&L along with ROI. Is masternode investment a relatively new thing in crypto? If we are hosting masternodes now are we regarded as "early adopters"? It looks like there are a number of options, making the right choice like a lot of aspects of crypto is key and doing the research is important.
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"Investing" in masternodes, is this the new get rich quick route?
A friend who is also into crypto is getting into masternodes and im sure this is nothing new as a means of investment. The likes of running a DASH masternode for example is pretty much out of reach of almost all of us.
Are people treating masternodes, like others treat ICO's, get in for the quick gain rather than supporting a project they believe in?
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Yes I remember this man and his controversial and risky actions. I was actually wondering recently how he was fairing with the decision, looks like he is doing all right.
The part of the interview which caught my attention was this:
BN: Has the government ever tried to contact you or your family about the changes you have made?
Didi: Yes of course because it’s not allowed to travel with your children and not send them to school in the Netherlands. We solved this together with them and now everything is fine. They didn’t contact me about the crypto part though.
Im surprised and also relieved that the authorities in The Netherlands have turned a blind eye on his "investment"
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ICO stands for "Initial Coin Offering". these coins or tokens are sold in order to fund the project and they are offered at a "cheap" rate in order to reward "early investors".
When the ICO is over the project may take another 12 months and more until it goes live on an exchange or for a working product to materialise.
its easy for scammers to hand out useless tokens in an ICO in order to get useful coins like Bitcoin or Ethereum.
Be careful!
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Perfect, good news but legalise crypto and leave it alone, i would add that im ok With the action of collecting taxes but i dont like governments getting involved in regulation.
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Ah litecoin, a solid performer, solid developments, sokid backing but a coin which gets overlooked a lot. A coin which out-performed bitcoin in 2017 but still doesnt get the support from the community it deserves because a lot of people opt for the cheap crypto hoping to make big gains in a short space of time.
I predict LTC will continue its steady climb in 2018 and may cross the $300 value again.
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Regulations are not going to stop criminals from using crypto. Law enforcement globally has failed to stop criminal activity as it is. Incarceration for example is generally speaking is not a deterrent ans nearly all high level criminals can run their operations from prison.
Most law abiding users are going to be affected more by regulation than high level criminals who know how to get around any regulations ... Just as they do now
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Bitcoins and cryptos volatility cannot be curbed. The simple reason is its because of the unregulated and decentralised nature of it. Markets can be manipulated and traders are in a frenzy to gain as much as possible as quick as possible. Its going to be very difficult to counteract these facts.
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NEM is an established technology and still developing which is very important and reassuring. Like all other crypto in 2017 it enjoyed massive support and an increase in its value but its value still remains very low IMO for a well established tech. Its probably true that it needs mare partnerships, this may very well happen with Catapult. Here is a list of current pertners > https://nem.io/enterprise/partner-companies/
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This is one of the reasons I stopped trading, the markets are unpredictable especially if in my case i didnt have the time to analyse the market before making a trade.
Its difficult but what were you basing your trades on? Why did you make your sell orders and why did you hold at any particular point?
Personally i think it takes a lot of time and dedication to trade properly, To be constantly examining the markets, trends and news.
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My opinion is that if bitcoin was not so volatile that wouldnt suit traders. Traders love the volatility, well experienced traders that is, the ones who Can read the charts etc.
And if bitcoin was not so volatile there could probably be mor acceptance in the marketplace for it to be used as a currency.
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