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1  Alternate cryptocurrencies / Altcoin Discussion / Re: MATIC LEADING THE ALTCOINS MARKET on: November 11, 2022, 06:25:41 AM
Polygon team partnered with big companies including Disney and I think Amazon also?

$1.27 I think was the peak of the MATIC this week and has dropped. It's a good run, and holders staking on Binance had been sharing thier PnL up to $1200 a day, which is a tremendous earning in just a day. Hope to see it bounce again as it had not reached its ATH of the week chart. The FTX fiasco made the recovery break off though.

I'm also looking forward to his rebound, I'm a long-term holder of MATIC for three years. The operation of MATIC is very good, and the data is also very good. In my heart, she is the handsome star.
2  Bitcoin / Bitcoin Discussion / Re: 11 years without Satoshi on: December 15, 2021, 03:37:49 AM
Just say whatever you would like to say to Satoshi.

Hey Satoshi. Smiley

hi Kaggie,You should have a lot to say。What I want to say is that Satoshi Nakamoto has always been, like a god.
3  Other / Beginners & Help / Re: [Merit] Hey Bitcoiners! Can You Send Encrypted Messages? on: August 20, 2021, 02:45:09 AM
-----BEGIN PGP MESSAGE-----

hQEMA6M4xhfeZuZWAQf/djTxFDeYnTLpIxTxxNhQCHSMzSndEAnpeErzbLX3nRDr
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P4jNCcy2q3TGaurZBdxbnwrJu7O/lFhv7nMtfTFtf71f3FeC6W4Nft9u4NBhr/Vo
cINLPSLsLYQibFqlfKzI7llZsq9O06t14WjXIsUNVPu4BUyNXl3YyhGDMNfNy1R7
TQR9egNwo6Nttck6BMA/j8O5aJVzNqBA5r5dTieqggywAdAp5j9jwExDVnrGZ8M3
+2BoyP092hHTmeyN4GD78FCZAc9OdJxz+3R+wP8fI9LAKgHcpYyfsq+7OEEEhOxO
xOqyvEC0F6/XYEZtzNpYGk9mmbvqWMsmfYVu+CBcceZ69G/w5Md/JErulsuqUm9B
aZpkHCwlQ5v1Qqk8jyZvNcdoBoyk9Q3w+VdcHlVUlj0o+uKhxnPw4iAxODuR+hDT
P3gImix+KVpJ7LbN0fDnOsPFTiqQVGaV6ayylnF8AtzOyxgqqcTpsJnxnZYHMMbG
rVXuDYYAKu5g5WJL8G/e6XlbUIdiFiVuHiAal6PyV3m/HheTfb7OhrCEbbRmVw6b
/hPV9skHPAj0mkJ5R7ODb2KXwivZsOmHEaCyzA==
=TYy2
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 No pains, no gains.Constant dripping wears away a stone.
4  Economy / Economics / Re: What’s consensus? on: August 20, 2021, 02:31:51 AM
Quote

Blockchain technology creates an ecosystem based on decentralization, transparency, and vital consensus. Someone might argue that these are the three pillars of the entire blockchain edifice. Remove one, and the entire structure will weaken and fail.

The third pillar-consensus. Particularly interesting because it presents a strange dilemma: in the blockchain, there is no consensus without determinism, and there is no determinism without consensus.



Quote

Blockchain is deterministic because it must be so and cannot exist in any other way. This is how the whole thing works. In the blockchain environment, everyone can see the status of other people's network, so it is completely transparent, and there will be no criminals wantonly, because they will be noticed immediately. When the only thing shared is a transaction, new nodes can be added anytime and anywhere, and they will see the same status. This is why smart contracts must also be written in a deterministic way. Otherwise, consensus will never be reached.


Consensus is the determinism and certainty of the blockchain, which is the most modern norm. It is also a strong relationship created by consensus.
5  Economy / Economics / Re: What is the nature of the value of Bitcoin? on: August 11, 2021, 06:15:02 AM
That didn’t answer the question, and the reply is laughable. You are giving everyone a reason to believe that you are just trolling, and which many fellow posters in the forum also give you merits to rank up anyway. Ignored.

To tell you very clearly, I do not agree with your point of view, and I will not take it out of context. I think this article is valuable. I am not a perfectionist, and I may not be too harsh to find out if every sentence is wrong. Just like POOYA87, the reason is simple. POOYA87 has a higher awareness than me. Even if I disagree with the author's point of view, I will not cancel the other party, saying that this is a ridiculous answer.

Quote
Brand is consensus, culture is consensus, trend is consensus, diamond is consensus, currency is consensus, politics is consensus, religion is consensus, law is consensus, folklore is consensus, credit is consensus... Broadly speaking, the operation of human economy and society Is based on various consensuses.

So I also feel the same. The essence of Bitcoin's value is consensus. Bitcoin is derived from consensus and will achieve higher development in consensus. Bitcoin economics can also be called consensus economics.

The essence of Bitcoin's value is not a Ponzi scheme or a conspiracy. Time will give the answer. The same is true for the Bitcoin forum. The forum welcomes friends with beliefs and consensus (except for bounty hunters for bounty, too many people have no principles and beliefs)
6  Bitcoin / Bitcoin Discussion / Re: The glass love story of Bitcoin and fiat currency-Fiat girl misses the lover on: August 11, 2021, 03:27:32 AM
I translated the content on the paper for everyone

Thanks for the translation. Super useful. It didn't sound half as bad as the scorned man I initially labeled him as. Power to him, and what a shame for the girl who started collecting it with him, but couldn't stay in the belief. Sitting on a gold mine she didn't know about. But hey, you gotta live life and make choices for the present.

Not sure I'll ever become a former poor boi but I can settle for comfy guy.

This is not like a story, but more like a Bitcoin show. The article alluded to Bitcoin and legal currency. If it were me, I would not do this, I would not send blessings, and spent so many Bitcoins. currency. I will choose to purchase the bridegroom's property and then separate the two of them. Finally The good horse does not keep resuming things given up.

This is just an evil thought of my subconscious mind. What I want to express is that the world currency with the US dollar as its core will eventually be replaced by Bitcoin. I firmly believe.
7  Bitcoin / Bitcoin Discussion / Re: Do you still have thoughts of picking Gold over Bitcoin, read this. on: August 11, 2021, 03:15:38 AM
It's quite surprising how people still consider gold a more profitable investment than Bitcoin. Guess they're not familiar with the saying, 'the higher the risk, the greater the reward'. Although this doesn't mean you should go taking uncalculated risk as that'll be a deadly move that could cost you all your funds. Bitcoin has shown time without number that it's the better investment vehicle than Gold and it just did it again

Just came across this article and think it'll be best I shared it here for the doubters still hoping for their previous metal to recover while they keep on missing out on the chance to partake in one of life greatest innovation.

Quote from:  One Bitcoin now buys 0.6 kilograms of gold as 10-year returns turn negative
As of Tuesday, fresh data shows that Gold/USD traded 3.7% lower than it did in the same day in 2011.
Source: https://cointelegraph.com/news/one-bitcoin-now-buys-0-6-kilograms-of-gold-as-10-year-returns-turn-negative

Guess there's nothing left to be proven again for bitcoin and it's safe to say it has outperformed Gold in all angles. I would prefer my investment in an asset that could give me higher double digits gains than an asset that can barely gives strong double digits gains and yet been called the safe heaven when it also poses same risk of a lost in value during trying times.

Gold investment is deeply rooted in the hearts of the people and is widely accepted. The sudden emergence of Bitcoin is full of sense of the future and imagination.

The commonality between gold and Bitcoin, that is, the most special place, is that they are all related to currency: gold is an ancient currency that has been proven by history, and Bitcoin is a future currency to be tested. Gold has been a universal currency in the world for a long time in history. Even under the modern monetary system, gold still functions as a currency, becoming a tool for national and personal investment and preservation; as a great blockchain technology The application of Bitcoin, which came out as a form of virtual currency, is a great experiment to explore the development of future currency.

Due to the volatility of Bitcoin, it may be less risky for most people to invest in gold, and many people are realists. People who invest in Bitcoin are like venture capital institutions. They value the future, a clear economic model, a clear source of profit, and an untouchable industry ceiling. My idea is the same, to allocate the expendable funds rationally, invest in Bitcoin, and invest in the future. I still have faith.
8  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the creation of Satoshi from zero to one on: August 11, 2021, 03:00:17 AM
On the technical, coding side there is a lot of people who were capable of creating a system like Bitcoin, as evidenced by the amount of altcoins that are now created. Okay, so yeah a lot of them use Bitcoin as the foundation, but they also come with their own different flavours, and improvements.

However, Satoshi didn't only have to code the whole thing, he had to think of the idea, and try to use hindsight on predicting what the world would look like in 10, 20 years, and beyond. He had to come up with an idea, and solution on how to keep Bitcoin having a constant injection into the economy, while not releasing too much too early. So, he implemented difficulty, which sort of regulates the amount of Bitcoin in circulation at a time. He also had to come up with a way of securing the transactions, and this is probably the most impressive part of the whole thing. Implementing something which prevents double spending, isn't something that a lot of people could do, well at least thinking of the solution, and then implementing it.

I don't think Satoshi is as super human as people tend to think of them as though. However, they saw a problem, and implemented a solution. There are definite short comings of Bitcoin, and whether Satoshi was aware of that, and was going to address them later remains to be seen. However, its most likely that he hadn't come up with solutions to some of the issues that exist in Bitcoin today, and was possibly hoping for others to contribute, and come up with solutions, which you could partly argue happened.
Either Satoshi is a genius that doesn't want to be known or Satoshi is a codename for a group of individuals that have developed bitcoin because I have heard that some people in the IT industry said that that's the only choice behind the identity of Satoshi, a coding genius or a group of people collaborating. Or probably, Satoshi is from the future and he wants us to use bitcoin to save humanity hahaha.

Quote

In 2008, in a mailing list called "Cypherpunk", Satoshi Nakamoto released a white paper on Bitcoin. A magnificent social experiment began.

What is cypherpunk? Why did it give birth to Bitcoin?

This movement arose in the last decade of the Cold War between the United States and the Soviet Union. Its believers firmly believe that strong cryptography should be used to protect personal freedom and privacy and protect them from external forces such as capital and politics.

Many of them are anarchists and liberals, including Assange, the founder of WikiLeaks, Sean Parker, one of the founders of Facebook, Bram Cohen, the author of BT download, and so on. Of course, the most famous of them is Satoshi Nakamoto.

Over the decades, the cypherpunk movement has experienced ups and downs. Participants in this movement have brought countless open source encryption protocols to mankind. Some of these protocols have become the cornerstones of Internet communications.

And on the road to explore free, anonymous, and decentralized digital currency, cypherpunks including Satoshi Nakamoto have made tremendous efforts to pass the fire down and continue to live.

Who is Satoshi Nakamoto? This question is no longer important. Every cypherpunk master is the "Satoshi Nakamoto" in people's hearts.


It is no longer important who Satoshi Nakamoto is. Some say that he is a god, some say that he is the messenger of alien civilization, some say that God is coming again, and some say that it is the old Japanese man. My conclusion is that bit Coins are the crystallization and creation of the collective wisdom of cypherpunks. Satoshi Nakamoto is a perfect code name, because they all have a common goal, the right to privacy, and it is impossible for us to find them. In short, the creation from 0 to 1 has brought us a great experiment, we just enjoy it.
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