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1  Local / 中文 (Chinese) / 维基跑路了? on: June 15, 2018, 09:32:53 AM
2  Economy / Speculation / Falling is not a bad thing. on: April 02, 2018, 02:49:07 AM
A hard hit may not be a bad thing, stopping the irrational game in time to really save bitcoin. It would be a real disaster if bitcoin were allowed to become a highly speculative target.

I think the price reduction is a good thing. What do you think?
3  Economy / Economics / Why are you saying wait? on: March 30, 2018, 01:23:34 AM
In recent months, the market has dropped a lot. Many people's portfolios have fallen by 50 percent, and the answer is basically waiting.

We can sell it at a higher price and buy when it goes down.

I think we'll lose a little bit less, better than nothing.
4  Economy / Trading Discussion / How hard is it to pay with bitcoin? on: March 25, 2018, 01:56:40 PM
Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.

Do you think it is convenient to use bitcoin?
5  Bitcoin / Bitcoin Discussion / Bitcoin cannot be a global currency on: March 24, 2018, 02:28:21 PM
Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.

BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.

You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.

With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.

This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.

But on a philosophical basis, technologists are wrong.

The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.

Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.

In the world of BTC, new centralization has begun:

Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.

They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?

The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.

Like insurrection, it is either extinguished or assimilated into the long river of history.
6  Bitcoin / Bitcoin Discussion / Is bitcoin a criminal tool? on: March 17, 2018, 04:08:57 PM
In bitcoin's pyramid scheme, criminals have exploited the greed of people's ignorance and dreams of the currency. The essence of pyramid selling is a ponzi scheme, where a bitcoin is not fundamentally different from a tulip or a box of cosmetics.

In the event of an hacker blackmail, criminals use the anonymity of the currency, trying to escape legal sanction, COINS and cash here, there is no essential difference between just more convenient, lower cost.

In money laundering, drug trafficking, and terrorist crimes, criminals use the anonymity and high mobility of bitcoin to hide the flow of funds, which is the same as the effect of using cash.
7  Economy / Economics / Can bitcoin be regulated? on: March 17, 2018, 03:25:03 PM
The bitcoin protocol itself cannot be modified, unless almost all users work together to choose which software to use. It is unrealistic to try to grant special rights to a regional governing body in the global bitcoin network. Any rich organization can choose to invest in mining hardware to control half of the computing power of the entire network, thus achieving a freeze and revocation of recent transactions. However, they cannot guarantee that they will always have this ability, because the investment needs to be equal to the rest of the world's miners.

However, it is possible to regulate the use of bitcoin in a similar way to any other currency. Like the dollar, bitcoins can be used for a variety of purposes, some of which can be considered legal, or not in accordance with the laws of each jurisdiction. At this point, bitcoin is tantamount to any other tool or resource, subject to different rules in each country. The use of bitcoins can also be difficult under restrictive rules, and it is difficult to determine how many users will continue to use the technology. The government that chooses to ban bitcoin will hinder the development of domestic enterprises and markets and transfer innovation to other countries. As usual, the challenge for regulators is to work out effective solutions without hurting the growth of emerging markets and companies.
8  Economy / Economics / 黑客 on: March 10, 2018, 09:17:28 AM
On March 7, 2018, Beijing time late into the night, the world's second largest exchange "Binance" being attacked by hackers, a large number of users find their account stolen, account of a large number of tokens are malicious dumping COINS, disk on the vast majority of the currency falling fast. After the panic selling triggered the market, the hackers bought the VIA  from the stolen account and sent the currency up 110 times.

In response to this anomaly, the currency quickly suspended all of its platform COINS, making it impossible for hackers to cash in. There is speculation that the hackers had already harvested their profits at the moment when the currency was falling.

This is described as an advanced game of "sound east and west", first appearing in coinage. The hackers used the currency security, a degree of centralised credit endorsement, to sway the value of other exchanges. At the same time, there are other markets that are open for short trading. So you don't have to risk it in the currency, but you're going to have to harvest it in the center. As a result, the hacker's aggressive behavior itself is not profitable, and the way to profit is to control the "normal trading" after the "grail".

What do you think?
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