Panicsell low, Fomobuy high!

Originally, the blockchain is a new type of database that can be used and maintained without a central administrator.

Unlike a traditional, relational database, the blockchain is administered through a consensus protocol. Therefore, whenever the word “blockchain” is used, we should ask which “blockchain” is in question, i.e what is the protocol ruling said blockchain.

The original Bitcoin blockchain that lives on the global Bitcoin network has proven to be an effective and reliable tool over a period of more than seven years with a 99.99% availabililty.

The properties of the original Bitcoin blockchain can be altered, often deteriorated, by any seemingly inocuous deviation from the original Bitcoin protocol.

For instance, Ethereum deteriorates the security of the blockchain by adding (unnecessary) complexity, Litecoin deteriorates decentralization by shortening the block intervals, proof-of-stake protocols turns the “public” blockchain into a semi-private blockchain by merging two roles (users and miners), etc..

Specifically, the addition of one or more designated “administrators” defeats the purpose of the invention and leads to unclear benefits compared to a traditonal relational database.

So far there is no compelling evidence, other than expensive trials by big banks, that a “permissioned” blockchain is more cost-effective, practical or secure in the context of a private network.

Crucially, the value of tokens on a private blokchain is not a market value but a conventional value aggred upon by the network participants: these tokens are in fact IOUs recognized only by the parties.

The absence of bitcoins as “bearer assets” removes the option to use Bitcoin transactions as a trustless settlement mechanism.

China's economy is expected to surpass the U.S. by around 2030, but it will take longer for their military to match up to the U.S., which has invested enormous amounts into it for decades. So I'd expect China to reach parity with the U.S. maybe around 2040 or 2050. However, then China will start to struggle from its demographic slowdown while the U.S. economy and population continues its steady growth and India catches up. So I don't think we will ever see a time when China is the sole superpower the way the U.S. is, and I don't think their advantage over the U.S. will last for longer than a few decades. Of course, there is also the factor that the U.S. has a stronger network of alliances that even China's growing soft power can't hope to compete with, not when it's surrounded on many sides by U.S. allies. I think China might be able to use its soft power to convince some of the U.S.'s more opportunistic allies to stay out of any diplomatic conflict, like they've done with the Philippines, but I don't see them developing the same quality of alliances like the U.S. has with Canada, the U.K., and most of the E.U. countries. Though I suppose it's kind of pointless to speculate this far into the future when we don't know how automation, global warming, space technology, water scarcity, etc. will affect the geopolitics of the near future.

Governments that foster free markets won’t over regulate crypto currencies. They’ll regulate enough to protect its citizens from fraud like scammy ICO’s. They might go as far as to trying to eliminate privacy coins for tax purposes and stifle money laundering. But beyond that, they’ll sit on the side lines and let the crypto market grow and evolve. As for bitcoin, it’s up to the market whether it lives or dies.

This is good news. ICON has just launched its blockchain incubator supporting over 300 startups. The Seoul Government also used Chain-Sign, developed by The Loop, to issue and sign a public sector services contract.

Adoption is going to be a major focus this year and the more S Korea drives blockchain innovation and adoption, the better it will be for ICON. Interoperability will be key to the S Korean blockchain infrastructure and currently there's only one company that could achieve that...

I'm an atheist and I don't "hate" religious people, but I do practice "conversational intolerance" when religious people say something in a conversation that doesn't make sense. If someone told me that they believed that Jimmy Hoffa is secretly the President of the United States, I could openly disagree and no one would blink an eye. But if I disagree with someone's assertion that a particular god exists, or that Jesus died for my sins, or that _____ is wrong because of their religious beliefs, I get labelled a "militant atheist." But I do it anyway sometimes because it is important to remind religious believers that there isn't a difference between belief in a god and a belief in less-popular supernatural things like unicorns and fairies. I'm not a dick about it, I don't say "you're an idiot for believing that!" I just disagree.

Why do I do this?

Because we live in a world with nuclear weapons, and we can't afford to have a global society where some people live their lives thinking that this life is irrelevant because the real prize is the afterlife.

All it takes is one suicidal religious zealot with a nuclear bomb, and a lot of innocent people are going to die. As a species, we needed to stop coddling religious belief when the atom bomb was invented. The stakes are too high now, and we can't afford the sort of nonsense that gets passed off as "religious wisdom" anymore.

ICO is on of the few areas in cryptoworld where I believe that regulation is the key. We need rigorous analysis here made by experienced economists or veterans of crypto. ICO is a great idea if done right.

I have pretty much same reasons that OP has. Freedom and protection are great thing for me especially in terms of financial operations. Also I'm tired that government's economy is always failing us and actually doesn't care about people - only about the whole system.

Facebook should open a lightning channel and make it seamless for it's uses to connect. Earn them fees.

Just like there's a market cycle in economics, there's a fud cycle in the bitcoin growth curve. No joke. When negative irrational exuberance peaks, and people are rage quitting all over the place, you know we're at or near the bottom.

Since everything is on a public searchable ledger bitcoin really isn’t as anonymous as some people believe. Sure you’re name isn’t necessarily tied to your wallet, but as soon as you touch that wallet there are methods to track who is accessing it. Now with that being said I’m sure there are some obscure ways to help try and hide who is accessing the wallet. I guess if you were truly concerned about anonymity then you should look into privacy coins.

It's also called DLT for distributed ledger technology, and that's it in its most basic form.

In terms of buying Bitcoin, IMO there’s never a “bad” time to buy, but it helps if you’re buying during a dip. If you can’t buy during a dip it’s not the end of the world, we’re still in the very early stages.

How much you buy is completely subjective - if you can afford to lose $1000, more power to you!

I’m utilizing two strategies: long term holding, and altcoin trading.

Holding is fun but you may feel like you’re not doing anything, so altcoins are an interesting way to expand your cryptocurrency familiarity while also potentially making you some decent money. I usually wait till I come across a project that seems practical, ie: that addresses a real-world problem.

Never buy into an altcoin solely because you saw some random comment on the Internet saying how it’s going to explode - always do your own research. I’ve bought into a few projects that I abandoned after digging deeper than usual.

I have no other choice to buy small caps but to first purchase BTC with fiat and then exchange BTC for alts...

1. It’ll take years.

2. Facebook always ventures into new areas—and often fails.

Cheap transfer of wealth over the internet is possible with bitcoin BECAUSE it is resistant government regulation. The reason it takes a long time to xfer from my wells fargo account to my BofA account isn't because it technically would take a long time. Its solely because of regulation. This regulation would still exist in a government created cryptocurrency.

Top of my list for the best multi currency wallet for your cryptocurrency is the hugely popular Trezor Hardware Wallet. This multi-currency crypto wallet provides a very high level of security while still being extremely easy to use.

Trezor was the first Bitcoin wallet launched back in 2014 and offers users “cold storage” of multiple crypto assets together with the ability to spend your coins with the convenience of a hot wallet.

The Trezor Wallet is tiny at only 2.4 x 1.2 x 0.2 inches and weighs a mere 0.42 oz. It easily connects to your computer by a USB port.

The Trezor is so safe because it is an “isolated environment” used for offline transactions and it’s fitted with a small display screen so that to you can visually verify your transactions. (In fact, spending Bitcoins is secure even when using a compromised computer!)

The Trezor can be seen as “safe” for your crypto wealth and currently supports the following Bitcoin, Ethereum (+ all ERC-20 tokens), Ethereum Classic, ZCash, Litecoin, Namecoin, Dogecoin, Dash and Bitcoin Testnet.

The Trezor works by keeping private keys on the device and it authorizes transactions through your USB port. To use the Trezor, you will also need to download an app such as Mycelium and then you will be able to move your money around with ease.

The Trezor is compatible with Windows, macOS, Linux, & Android and is my choice for the best multi-currency wallet available today.

Trezor is around the longest and as a first hw wallet received a lot of security attention. I have no experience with ledger, keepkey software seems much worse and they don't even support additional passphrase in their chrome app.

Trezor interface is pretty handy but as some other comment stated Mycelium supports trezor (and is a great wallet to keep small coffee amounts on the phone apart from that).

Gonna go to the moon. People keep freaking out like this hasn't happened before. Miners are moving to Bcash instead of BTC. Guess what? They did that before too, shortly after Bcash launched more than 50% of miners moved to it and pumped it up while BTC crashed.

And then BTC skyrocketed while Bcash crashed.

We've done this dance with Bcash before and came out on top. We will again. And besides, after a massive ATH, a $3000 jump in less than 30 days, people are freaking out over this drop? It's peanuts.

There's a saying. "In the Wall Street, the bear makes money, the bull makes money, and the pigs get slaughtered." Well, you only lose money if you panic sell below your purchase price and exit. This might sound like a conspiracy story, but it's true that even those in the highest cadre in politics are trying every dirty trick in the books in order to gain from the volatility of cryptos. Remember that time when South Koreans were investigated for insider trading? Yep. So don't feed the whales. If you believe in crypto, which I'm sure you do, otherwise why the fuck would you be here, then hold. Cryptos have always had these "crashes" and every time it managed to climb past its previous ATH. Not by 10 % or 20 %,but 100% and 200%. Get some discipline nd train your stomach till it becomes as though as a Nokia phone.