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IOTA is a great project to invest in but first you need to know some things about it: * **It is not based on Blockchain** * **It has no miners** * **It has no fees** Tangle is the revolutionary idea that IOTA brings to the table when it comes to how transactions are deployed in the network - Before you create a new transaction, you have to verify with your device, 2 random transactions that are waiting for confirmation in the network. The beautiful thing about this is that the network is so lightweight that you can use any device to verify those 2 random selected transactions - Computer, laptop, phone, car and even your fridge. This makes it possible for the main goal of IOTA - The internet of Things - Imagine your fridge having his own identity and wallet that would make him eligible to send a transaction into the network when it runs out of milk so you could enjoy it fresh the next morning. It also solves the scalability problem in blockchain whereas more people are using the network the more congested it gets - That’s not the case with Tangle because as more machines and devices are using it the faster the entire network becomes because of the 2 transaction confirmations every node has to make. IOTA is in the beta testings because of its security breaches where they state that a device with the power of 34 % of the network hash power could easily tamper with its data - **That’s when they introduced the “Coordinator”** - Every minute the “Coordinator” makes a normal transaction with its signature on it, and we call these **Milestones**. Every transaction (including Milestones) verifies two other transactions. When you want to know if a transaction is verified, you find the newest Milestone and you see if it indirectly verifies your transaction (i.e it verifies your transaction, or if verifies a transaction that verifies your transaction, or if it verifies a transaction that verifies a transaction that verifies your transaction, etc). The reason that the Milestones exist is because if you just picked any random transaction, there's the possibility that the node you're connected to is malicious and is trying to trick you into verifying its transactions. The people who operate nodes can't fake the signatures on Milestones, so you know you can trust the Milestones to be legit. They are planning to use the “Coordinator” until the network matures and it would be almost impossible for someone to have the 34% hashing power of the network to atack it. IOTA is getting more and more attention as being the main actor in the Internet of Things bringing security and scalability to the machines.
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Yes but they will only be available for accredited investors with a certain amount of money in their bank accounts - That's because more and more countries are regulating ICO's.
It will be hard even for you to do an ICO because you will need a starter capital which in Russia has to be $1.7 mln - Insane right?
We need to find a way to stay above this regulations and let regular people have the opportunity to invest again in revolutionary projects.
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You have to implement a smart contract stating to send the funds to a specific address at a specific date in time you believe you will be reincarnated. I do have to say, you have to be very precise about this ) Good luck!
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For the time being, cash is better than bitcoin - Why ?
You can notice it every time a series of bad news enter this space it immediatelly creates panic and people move to fiat. Even early adopters do this. - They move to fiat on bad days and enter the markets when times are looking good.
Even though bitcoin is a great currency fulfilling most of the demands of what makes a good middle of exchange - It lacks sustainability in price.
People fear volatility - they want something that is stable.
The future looks bright though, with more money and regulations entering cryptocurrency exchanges that could stabilise the prices.
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Too many regulations for a coin that is not centralised - They governments want control over it but they will fail dramatically.
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Salut, eu folosesc Coinflux.com
Sunt de incredere, raspund la orice request, pana acum nu am avut probleme cu ei.
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We need crypto ATM's because we forgot the main purpose of bitcoin - It needs to be anonymous.
Governments regulation made every bitcoin account tied to your ID - KYC
BTC ATM's are the only option left to buy bitcoin and remain anonymous. - We need them.
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Try to do 2 different things at once :
Go to the gym and while working out, listen to your favorite podcasts.
Instead of listening to radio on your way to work, you can easily listen to a youtube video on matter you have a large interest.
Get up on hour early, you will thank me for this one - Try to get up earlier every morning until you manage your time.
I wake up at 6 in the morning, that gives me a whole hour before going to work, which i can use to work for my dream.
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No way, i think the soonest it will hit again the 20K mark is in a couple of months, maybe when the lightining network update will be released. For now the cryptocurrency market has to survive the next possible crash, that of USDT - If it fails the audit it will plunge the market in big style.
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Un articol foarte bun care explica pe intelesul tuturor ce sunt banii si la ce ajuta adoptarea monedei virtuale.
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Why i believe bitcoin will be increasing in value:
It’s the first cryptocurrency and it gets the most attention.
It has the greatest computation power making it the most secure digital coin in the world.
They have one of the best development teams in the world working on the implementing lightning network update (Off-chain transactions and lower fees) - Thus making it eligible for mass adoption.
It has a limited supply of 21,000,000. - People are referring to it as Digital Gold.
So therefore, in a best case scenario, if bitcoin manages to remain the king of the cryptocurrency market until 2140, we could say that 1 bitcoin could be worth $100,000.00 - But by then, i don’t think the US$ will be worth anything.
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Salut, as fi interesat sa fac si eu parte din grupul de Skype : d1m1tza
Multumesc frumos!
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Do you see ordinary people going at their local store and buying their groceries with it?
There are businesses that accept bitcoin just for a little advertisement in the media, but it’s not that profitable for them.
We will witness a mass adoption this year with the lightning network implementantion.
Instant Payments. Lightning-fast blockchain payments without worrying about block confirmation times. Security is enforced by blockchain smart-contracts without creating a on-blockchain transaction for individual payments. Payment speed measured in milliseconds to seconds.
Scalability. Capable of millions to billions of transactions per second across the network. Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per action/click is now possible without custodians.
Low Cost. By transacting and settling off-blockchain, the Lightning Network allows for exceptionally low fees, which allows for emerging use cases such as instant micropayments.
Cross Blockchains. Cross-chain atomic swaps can occur off-chain instantly with heterogeneous blockchain consensus rules. So long as the chains can support the same cryptographic hash function, it is possible to make transactions across blockchains without trust in 3rd party custodians.[1]
Let’s wait and see how this will affect bitcoin’s price.
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Ethereum will be the most secure and most adopted platform.
It combines the two primarily factors that make a good blockchain
- Digital Currency - Smart Contracts
Ether is the only coin that sustains its value over the huge dips that are happening right now.
Only good things about to happen to Ethereum.
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I agree with facebook, too many dumb people on facebook that invest their money on rumours and without understanding the technology behind blockchain.
Protect uninformed people from losing money.
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New investors coming into the market when it’s hot.
They have no knowledge about the coin their investing in, they are just looking to make money - The sad thing is that the market is volatile and the veterans are making money from this swings.
People are greedy so although we encourage everyone to invest only a little portion of their investments, they go all in, in hopes of getting millionaires by night.
So as i was saying, the market goes up a little, they pride of their investments to friends - their friends don’t want to miss out so they buy in because of FOMO (Fear of missing out) - Then something happens, the veterans are taking some profits and the market percentage goes down (We call this correction).
It’s very hard for regular people to understand this phenomenon and they are being fed with news like “The Crypto Bubble is popping” - What do you do as an individual who invested all his life savings and watch shitty news which influence your emotions? - That’s right, you sell them to minimise the loss.
Do you know who is there to buy you out? - The veterans who sold their coins when the market was hot.
So you are left out of the market with a loss of maybe 20% of your investments and now you are spreading bad words about Crypto and Blockchain, that they are a ponzi scheme and so on - The problem is, people are very easily influenced and they will form a bad opinion of this new technology - That’s not very good.
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It will stop when there will be no computation power in the world, or when they will find an easier and more secure way to mine a block. (mining with feathers, i don't know)
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ICO's are like shares in a company - I think this is the safest way to invest in a project you believe in, because only you have acces to your investment and you can choose to get out whenever someone is willing to buy you out in a cryptocurrency exchange.
I really enjoy the idea of supporting revolutionary technologies, my investments are based on the idea behind a certain project.
Be very careful though because there are a lot of scams out there, be sure to check out the whitepaper, the team and what other people are saying about them.
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No i'm not, it was just media hype.
CNBC was showing live on TV the exact steps on how to buy ripple from exchanges -
Why would someone buy Ripple? - Lots of people think that if a coin is priced under a dollar, it has potential to reach 10.000$ like Bitcoin did - but they don’t take in consideration the total cap and the issued coins.
People just want to make money, they will invest in anything with blockchain on it, unfortunately Ripple does not sustain a blockchain.
South Korea was a big player in this uptrend, they where trading Ripple at a premium price difference of 1$ from other exchanges.
As i said before, even if Ripple will get mass adoption by banks, they will not influence the price, only regular investors will.
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Ethereum has very high potential for mass adoption.
If you check the ICO market you will see that 90% percent of the new DApps are build on the Ethereum platform, which means that they need Ether to pay for smart contracts which are deployed in the network.
I believe that Etherium will have a positive uptrend because of its usage.
The team behind it is always looking for updates and repaying the majority of developers who come with brand new ideas - This year they will implement the Raiden Network - Faster transactions.
Large adoption is coming towards Etherium, for the moment i don’t think they are ready to support 70.000 transactions per second as VISA does, but new times are coming, new ideas are rising and people start to understand the technology better.
I can see Ether in 2018 reaching 2000 $
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