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Absolutely, the fees on each network will depend on how many transactions there are on each of them. In early 2018 fees on Bitcoin were up to 20$ at one point ! For the future, it will also depend on the Lightning Network for Bitcoin and maybe projects like Raiden Network for Ethereum, which is basically LN for Eth.
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The true identity of Bitcoin creator Satoshi Nakamoto is something that has boggled the minds of many a crypto enthusiast since 2008. Despite having been unmasked by the NSA, there are very few people outside the Department of Homeland Security who know Satoshi’s real name.
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There are so many discussions going on around the bitcoin that sooner or later everyone would want to enjoy those opportunities that it suggests. We just need to cope with all fake news that mass media keeps spreading about the bitcoin.
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If you have search the project perfectly, you like all information do you want in an ICO then go to invest. Just whatvyou said the team has a good background and already has a success project in the past then i must say that isa good investment. But check some strenght like strong community, use of product and etc.
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Both of these cryptocurrencies are exchanged by using blockchain technology. A blockchain is a public ledger of all transactions that have occurred. Blocks are added in a linear chronological order. The ledger is public because each node has the full blockchain so it cannot be falsified by a single entity. A node is any computer that is connected to the blockchain and used to execute and verify transactions(Investopedia, 2016). Although each uses blockchain technology they have different goals in mind, which can be seen through the coding protocols put in place. :-*Bitcoin was designed to act as a secure peer to peer decentralized payment system. Since everything is shown on the public ledger, the blockchain, you can be confident that the transaction is legitimate and the need to trust the other party is negated. Ethereum was designed to be much more than a payment system. It is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
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Anyone who has started to read about Bitcoin will have learnt about how it has the potential to replace our banks as the way in which we store and manage our money.
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The ban is reflecting official sentiment as the move comes at the time when complaints are piling up against ICO scams. Facebook’s action was in line with recent efforts by US authorities to combat widespread cryptocurrency fraud.
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I think that If India is banning Bitcoin transactions, how about a startup there enter the ICO market? This is all very new, so no one has the answers yet.
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It can be said that Zimbabwe is a rare country in Africa to invest in 2-way bitcoin ATMs, previously only in a few other countries such as Botswana and South Africa. It is located in the Golix Customer Support Office located in the business district of Harare, Zimbabwe. Users can access this bitcoin 2-way ATM on weekdays from 8am to 3pm, in the future will deploy access to 24-hour access.
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The effects of foreign direct investment in countries is that Bitcoin’s use case as a currency for the developing countries that are currently experiencing high inflation is valuable when considering the volatility of Bitcoin in these economies versus the volatility of Bitcoin in US$. Bitcoin is much more volatile versus the USD than the high inflation Argentine peso versus the US$.
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In my opinion that exchanges are useful for buying and selling Bitcoin, but they may not be a great place to store them.We should not hold Bitcoin on exchanges.
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Theoretically, a hacker can destroy the Bitcoin network by using code that interferes with the system. However, over the past four years, Bitcoin's code system has been considered invulnerable despite the fact that people have been hacked money to profit for themselves or to attack people's trading accounts. other.
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In my opinion: First, when you first invest, you should trade in small quantities. When you are proficient, grasp the process of every transaction to deal in large numbers. One more thing you need to determine that playing bitcoin is always a potential risk. Second, do not store bitcoin for too long on the floor. Finally, you have to regularly update the bitcoin news.
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what Bitcoin, or any virtual currency, needs most of all are startups. Without an ecosystem of startups developing products to help foster its adoption and use, a virtual currency will not flourish. So it needs startups.
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You should not be investing without a strategy and goals. Your strategy will include the tactics you will use to reach your goals. So prepare for a clear strategy!
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People tend to visit here before they make their first investment so we need to improve our community more trustworthy by censoring tightly newbie's posts (jargon, breaking rules..)
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