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I think the paper money in the future will replace, this is because the State will use digital money, fundamental things that must be resolved is the paper money of the crime-prone and could not be controlled.
No. Paper money will still exist along with cryptocurrency because people still need paper money to use for many small purposes in the real life. And we still need someone to control the money so that they can authorized the transaction and avoid scammers I second this. Also, when I think about if paper money can be removed completely, many issues come up, like how do you leave a tip, or in many places, paper money is given as a gift, or as a feeling of gratitude. So, may be it will be possible to limit the amount of paper money to very less, and leave large transactions to digital. The biggest problems with paper money is it's untraceable and unaccountable. So, once it's printed, you have no way to know where it went, leading to a black economy and corruption. So, if it's circulation is discouraged, and some incentives given for digital transactions, then it could be possible to limit the amount of paper money.
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There is also Nice Hash, which I believe is legit but it's too complex for beginners. I could not wrap my head around it and had to leave it ultimately. So, just sticking with the 3 services mentioned above.
Nicehash is miner software/platform where different miner contribute to make strong mining power.they pay you for selling your mining power to them and other can buy them.i should warn you irrespective of anything do not opt for cloud mining,even if it is legit or trend be legit. In what sense are you warning? Is it that it could be a Ponzi and run away with all your investments, or in terms of ROI? What will happen to miners hashpower after the Segwit is activated? After 1st Aug? It not confirmed yet that segwit will be activated in august ,there where rumors regarding it ,some are saying it will happen in September (2 mb concept).if there is a confirmed news regarding it kindly enlighten me. Here are some news on the scaling debate: http://www.coindesk.com/bitcoins-segwit2x-scaling-proposal-core-developers-react/News on the UASF are in this article: http://www.coindesk.com/bitcoins-segwit2x-scaling-proposal-startups-stand/
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Bancor ICO is starting on 15th June!
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We already have token platforms like ETH or WAVE. Do you have a good reason for using Bancor instead?
So far, nobody could answer my legit question Copy-pasted from an answer on reddit: https://www.reddit.com/r/Bancor/comments/6dpmhm/bancor_vs_waves/it is very possible for both Bancor and Waves to thrive as they only compete on some aspect of their use cases, and are potentially complimentary so long as both ETH & Waves blockchains thrive. Their competitive aspect lies in the fact that both Bancor & Waves aim to be the creation medium behind a whole slew of new tokens representing countless new types of value. Bancor has two major differences to Waves here: The first is that Bancor tokens are fully liquid from day one. So even if its some tiny token that never aims to become worth millions or be traded on a large scale... it's still always immediately exchangeable for any other coin or token on the entire Bancor network (including ETH and every major ERC20 token) Waves has their decentralized exchange, of course, but it still requires that you find a second party to trade with, which rules out small-market-cap tokens. The second is that Bancor is build on Ethereum tech. At the moment, that means we're backed by a more developed & successful blockchain, and therefore have a larger set of currencies and of users to launch with. However should Waves succeed and become a widely used blockchain of tokens, the two can indirectly collaborate. Tokens on both Ethereum and Waves blockchains can be 1:1 tokenized for each other. Waves Token backed ERC20 tokens could use the Bancor network for liquidity & as reserve tokens. Thank you Razzaberry. Very nice way to put it, rather than speculating on what's different. The way BAT was scooped up in 30 seconds yesterday, do you think Bancor would face the same fate? In that case, investors will have to very prepared, or be left with nothing... ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif)
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It would be VERY helpful, if you would tell us, which currency you want to mine. Not every pool supports every coin. Without more infos we canīt help you.
I want to mine Ether. Then what would you suggest? I was more of looking for a high level approach at choosing a mining pool, regardless of which coin I want to mine, but in my current case I want to mine Ether.
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There is also Nice Hash, which I believe is legit but it's too complex for beginners. I could not wrap my head around it and had to leave it ultimately. So, just sticking with the 3 services mentioned above.
Nicehash is miner software/platform where different miner contribute to make strong mining power.they pay you for selling your mining power to them and other can buy them.i should warn you irrespective of anything do not opt for cloud mining,even if it is legit or trend be legit. In what sense are you warning? Is it that it could be a Ponzi and run away with all your investments, or in terms of ROI? What will happen to miners hashpower after the Segwit is activated? After 1st Aug?
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We already have token platforms like ETH or WAVE. Do you have a good reason for using Bancor instead?
So far, nobody could answer my legit question Copy-pasted from an answer on reddit: https://www.reddit.com/r/Bancor/comments/6dpmhm/bancor_vs_waves/it is very possible for both Bancor and Waves to thrive as they only compete on some aspect of their use cases, and are potentially complimentary so long as both ETH & Waves blockchains thrive. Their competitive aspect lies in the fact that both Bancor & Waves aim to be the creation medium behind a whole slew of new tokens representing countless new types of value. Bancor has two major differences to Waves here: The first is that Bancor tokens are fully liquid from day one. So even if its some tiny token that never aims to become worth millions or be traded on a large scale... it's still always immediately exchangeable for any other coin or token on the entire Bancor network (including ETH and every major ERC20 token) Waves has their decentralized exchange, of course, but it still requires that you find a second party to trade with, which rules out small-market-cap tokens. The second is that Bancor is build on Ethereum tech. At the moment, that means we're backed by a more developed & successful blockchain, and therefore have a larger set of currencies and of users to launch with. However should Waves succeed and become a widely used blockchain of tokens, the two can indirectly collaborate. Tokens on both Ethereum and Waves blockchains can be 1:1 tokenized for each other. Waves Token backed ERC20 tokens could use the Bancor network for liquidity & as reserve tokens. Thank you Razzaberry. Very nice way to put it, rather than speculating on what's different.
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Wasn't the token sale supposed to happen yesterday? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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There is also Nice Hash, which I believe is legit but it's too complex for beginners. I could not wrap my head around it and had to leave it ultimately. So, just sticking with the 3 services mentioned above.
Nicehash is miner software/platform where different miner contribute to make strong mining power.they pay you for selling your mining power to them and other can buy them.i should warn you irrespective of anything do not opt for cloud mining,even if it is legit or trend be legit. In what sense are you warning? Is it that it could be a Ponzi and run away with all your investments, or in terms of ROI?
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It would be VERY helpful, if you would tell us, which currency you want to mine. Not every pool supports every coin. Without more infos we canīt help you.
I want to mine Ether. Then, how do I choose a mining pool?
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It would be VERY helpful, if you would tell us, which currency you want to mine. Not every pool supports every coin. Without more infos we canīt help you.
So, I don't have a physical miner but I wanted to explore NiceHash. So, for that we have to join a mining pool then rent hashpower. So, in this case which pool would I join? My criteria would be the most profitable, stable and reliable mining pool.
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There is also Nice Hash, which I believe is legit but it's too complex for beginners. I could not wrap my head around it and had to leave it ultimately. So, just sticking with the 3 services mentioned above.
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Bla Bla Bla Bla...
That part were the only words that made sense. Not every cloud mining is ponzi, only (almost) every cloud mining (legit or not) is a bad investment. I don't think cloud mining is a bad investment. If you had invested in Ether/LTC mining before the recent price rise, your previously mined coins would suddenly be worth lots more leading to a good ROI on the cheap mining plans, when the coin prices were low.
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I have been involved in cloud mining and I can vouch for 3 services as being legit: - Hashflare - Investing in Scrypt mining was worth it before, but since LTC increased in price, they raised the Scrypt prices
- Hashnest
- Genesis Mining - Their Ether mining is worth it currently
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