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This is a community coin that the community took over in November that emphasizes low or no fees while reducing power consumption and increasing scalability over what bitcoin offers. At such a low marketcap and with development picking up it seems like a gem that will explode from it's current tiny marketcap of $4M. Here's a link to the ANN. https://bitcointalk.org/index.php?topic=2525344.0
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http://onlygold.com/Info/All-The-Gold-In-The-World.aspJust something to keep in mind for all the people including myself who think or thought we might now or might have in the past been in a bubble. Given cryptos have become more popular than gold from a media reporting perspective, not necessarily from an average joe investing perspective (though really few people own substantial amounts of gold either), and people love to invest in new technology and new ideas, I wouldn't be so quick to dismiss the idea that this space could end up becoming a 1.5-3.0 Trillion dollar space, or even more.
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Here's a recent video summarizing why I've always thought this was excellent technology and am curious what others think. When you only need to download the last 100 blocks of data to secure the network because the transactions are separate from the blockchain, I ask myself why this is not more popular? Does anyone know of any other crypto currencies that offer this? Is it really necessary? Does it bring anything good to the table? The biggest hassle is probably that users need to go and get their own PASA, which is the accounts you use to store the coin. You get them from mining, and they are sold by miners or other users themselves, they aren't automatically provided just by downloading a wallet. I'd imagine that sticking point makes it inconvenient for a novice user, but let's be serious here if you can change your own oil or open and verify a poloniex account you can figure out how to get a PASA account for a couple of dollars and add it to your wallet. https://www.youtube.com/watch?time_continue=00&v=QYbXMLjm1ZE
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Seriously we had Bitcoin Cash, Bitcoin Gold, though some argue that one's a scam, and now Bitcoin Diamond all within a 6 month time period? In 5 years how many forks will there be? They should never have forked the coin at all, not even once. They should have created another coin with a different name from scratch. Forking constantly makes the whole thing seem like a big scam from an outsider's perspective.
Forking will lead to another coin eventually taking bitcoin's place in my opinion, though hopefully people don't see that hey, anyone can create any coin they want at any time, so why should I buy this particular coin? There's 15 bitcoin forks here in 2019... what the hell is going on? I like that I can store money without having to worry about unconstitutional civil asset forfeiture, but it seems like the way things are going the blatant greed is showing through. Just another way for people to create a coin they can dump and make their millions, which is fine.. I like making money too, I just hope this short term focus on gain doesn't harm people's perception of bitcoin as a whole. In any case as long as the money is there, people should flock in. 500 billion dollars from a global economic perspective is still peanuts. We could have 2 trillion in combined market cap and it's still peanuts to the global economy.
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I use these 2 services primarily to hold fiat and exchange between my own bank and brokerage accounts. Anyone prefer one over the other? I think GDAX has the best trading platform but the $10,000 daily withdraw limit is quite limiting. When I logged into Gemini today I noticed they increased my daily bank transfer limit (ACH) up to $100,000 without my asking. Because of that I'll probably use them until Coinbase approves my increase.
Pros of both: Fairly reliable, they have FDIC insurance on cash balances. I trust them more than any of the exchanges. No problems with any transfers going through for the most part. Both are secure, asking for photo IDs and offering 2 factor authentication options.
Pros of Coinbase: The GDAX platform is much more robust than Gemini's trading platform. NO MAKER FEES on GDAX.
Pros of Gemini: Better uptime because the site doesn't get overloaded as badly. Higher daily withdraw limits, and unlimited withdraw limits in BTC.
Cons of Coinbase: If you use coinbase itself for trading the fees are on the high side. Best to use GDAX and transfer the balance back to coinbase.
I have noticed arbitrage opportunities between these 2 exchanges should a person manage to get their withdraw limit increased on GDAX. I've seen BTC prices be $100 different at times, especially during larger moves.
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https://medium.com/the-qchain-blog/introduction-to-qchain-and-a-peak-at-our-user-interface-861280335becQchain is an application being built on the Ethereum and NEM blockchains that will facilitate transactions between advertisers and content publishers, mediated and arbitrated by hosts. It is a three-agent system that will offer economic benefits and incentives for all parties. And Why Are We Developing For Two Blockchains? We are convinced that Ethereum and NEM are the two most promising blockchain technologies for enterprise in development right now, both for their tech visions and robust developer communities. They have different strengths and focuses: Decentralized smart contracts are currently a bit easier to develop on Ethereum, while NEM offers the Proof-of-importance (POI) algorithm and the Eigentrust++ reputation system to encourage transactions. We believe that giving our users choice and flexibility can only benefit them, as they can opt for the blockchain that best suits their needs.
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Anyone else had it where their 2 factor authentication doesn't work on coinbase/GDAX unless you wait until the very end of the countdown, or even after the countdown has laped and a new number has appeared? This has been my experience. Just a heads up if you are having issues.. wait until the very end of the countdown, or even after a new number shows up, while using the previous number, and it will go through. I've had to do this for ACH deposits/withdraws.
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May 15, 2017, San Jose, Costa Rica – Avalon Life, a cryptocurrency mining company has announced the launch of an innovative GREEN EARTH ZERO service, backed by the namesake Green Earth Zero token. Created using the NEM blockchain technology, GREEN EARTH ZERO service enables participants to own land by the square meter in Costa Rica. “We use NEM because of its customizable features, assets, and security measures. It is the only platform advanced enough to launch GREEN EARTH ZERO that has proven over time to be secure and reliable.” About Avalon Life S.A Avalon Life is a company committed to the production or “mining” of DASH, a digital currency similar to Bitcoin. Avalon Life maintains five mining facilities in Costa Rica and Switzerland, with plans to expand its mining operations across the globe. http://bitcoinprbuzz.com/press-release-avalon-life/https://www.greenearthwallet.com/#!/
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I made a paper wallet for my own use because I wanted something simple and no frills that I could run through a laminator and after lamination it's roughly credit card sized and can be stored in a wallet like a credit card. Basically to use the paper wallet you'd have to cut the paper out from the lamination and access the private key inside. This is a weatherproof way to archive a paper wallet. Here's the image.. it should print and fold perfectly with microsoft paint and standard printer paper... just follow the instructions. https://i.imgur.com/UVE6Yyi.pngI welcome comments or suggestions on things to add or remove to this if anyone here finds it interesting, or ways to clarify the instructions if they don't seem clear enough. If I posted this in the wrong section I apologize and please move.
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https://i.imgur.com/4qOCpMW.pngAn image file I made which can easily be used to make paper wallets which when laminated are credit card sized and can be put nicely into wallets. The private key is hidden and secure and you simply cut the laminate open when ready to use the wallet. Thought I would share it with everyone. Enjoy! Right Click on image file, save to desktop, edit and print with microsoft paint, use regular sized printer paper.
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