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Bitcoin banking is more secure than normal banking, because you are the only one that has access to your personal wallet but in normal banking customer cares can login into your bank account without you're notice and use your money for any kind of businesses.bitcoin banking is more reliable than normal banking because money that is in your normal banking can be deducted or withdrawal without you're notice but that can not happen in Bitcoin banking everything happens with your authorization.
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If you have friends who are yet to accept BTC, the way they talk about BTC when ever there is a dip will make you think that BTC project has ended. They will be like, "I heard BTC has crashed" To me the word "crash" means and sounds like a total or woeful failure.
If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.
For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
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At a time when the world is clamouring for peace and unity among the countries of the world- developed and developing. There is a major limitation, which is the different currencies of the countries. These fiat currencies are controlled by different policies and economic situations of their different countries. This posses a threat to global financial unity. As many countries are under banked. At the height of these challenges, came a pseudo human called Satoshi, who created what seems like 21st century wonders(bitcoin)
From 2009 till date, bitcoin suffered too many set back, ranging from disbelief to doubt about its future. But 10 years down the tunnel is a great improvement and acceptance of the first cryptocurrency - bitcoin. The huge acceptance lead to the creation of several altcoins.
Now many countries are willing to involve in the cryptocurrency world despite some restrictions in some countries because according to an African adage "No one knows the Goose that will lay the golden egg". I am seeing in the future where BTC will become a unified currency for the whole world.
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I am curious to know what happens to a deceased account. Does this platform have any way that a user will nominate who succeeds him in the eventuality of death? If a Legendary dies with 8000 merits, do his legendary status and merits die with him?
There should be a way to maintain someone's legacy. If not maintain, atleast transfer. In companies shares are transferable and bequitable, can that work here. I came to this consciousness when aiming at the longevity of this great forum
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Merit as the name implies is the result of hardwork, which is deserving praise. It's not a product of coincidence. It is a process in which your intellectual ability reduced to writting would persuade and/or provoke another to agree with you. Then the person has no option than to award you merit. Yes, the person can also disagree with you reasonably, and yet awards you merit. Therefore, it is important to note that one does not need to align with you in order to award you a merit. It is the quality of your work, the usefulness, how many problems it will solve and how many souls it touches that determines the number of merit it will attract. Merit is needed for growth in the forum, always ensure your posts are rich in order to earn you some merits. Therefore, merit is not for free but by merit as the name implies
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From my research, the strength of the cryptocurrencies lies on the mining power of the people. An economic stability and/or crisis of any nation doesn't determine the strength and the weakness of the cryptocurrencies. This is a great factor of important hence no country, no matter how strong can monopolize or manipulate cryptocurrencies, therefore it is a benefit to developing countries as mine whose currency is always at the mercy of dollars and Euros . With the emergence of cryptocurrency, economic stability can be attained by less economically developed countries. In the other hand, economically strong countries cannot aswell hijack cryptocurrencies. So, cryptocurrency is a currency for all.
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From what i have notice people are planning to crash cryptocurrency and if Bitcoin crash what is the benefit of people who is against the development of digital currency, it astonished me that a man called Elon musk is fighting cryptocurrency for no relevant reasons, is that government is using Elon to remove crypto in line of currencies?
I'm afraid of the way all the crypto is reducing in price, now that i join digital cryptocurrency fully with my family and sale some of my properties to invest into crypto, it's when Elon musk will bring scandal into cryptocurrency.
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From my few stays in forum, I observed many things thats making me to research by asking internet different questions through things I noticed here that I can't decode or explain on my own without the help of forum and internet. I became confused and also lack some understanding whenever I come across of some abbreviations used by Bitcointalk users, because I don't know the rightful meanings of them, and it prompt me to reason and verify their meanings so that other beginners will find it so easy to understand forum terminologies through abbreviation without difficulties, the following are full acronyms of words used in forum. 1) PM = personal - message 2) OP = original - poster 3) FA = fundamental - analysis 4) DT = default -trusted 5) QP = quality - post 7) IMO = in-my-opinion BCT = bitcointalk 9) QFT = quoted - for - truth 10) FOMO = fear -of - missing - out 11) CFNP = close-for-new-participants They are many acronyms in the forum which I can't list all, but this link https://bitcointalk.org/index.php?topic=4958338.msg44685656#msg44685656 and also this link https://bitcointalk.org/index.php?topic=1977470.msg19824318#msg19824318 educate us more nice through abbreviations.
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I thank everybody and myself because my few experience in the community can not be in vain with the aids of senior colleagues. From the beginning I registered with Bitcointalk community and I notice that Bitcoin can never give off, so i became aware of the community in year 2020 before corona virus a friend introduced me into cryptocurrency and I picked up interest in Bitcoin immediately without hesitation knowing Bitcoin will last forever, today am grateful because i ranked up to member in forum, so my sincere thanks goes to the bitcointalk community first, and the following that helped me to be member.
1.OgNasty 2.Rruchi man 3.DdmrDdmr 4.bitmover 5.Zilon 6.Pokapoka124
I will adhere to your steps and also need more courage from you all and other bitcointalk users.... Because I discover that life is all about gradually process, endurance and seriousness with applied wisdom, Pardon my delay Thank you all.
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I notice that without a private key a coin that is been gotten like two years can't be retrieve, so in this effect does it mean that their is no any other ways or means someone can bypass private keys and penetrate into he or her coin without applying private key? Because at some extent it can be very easy to lost a wallet key that contain big account of cryptocurrency base on the coin using, so what is the remedy if we lost private key? And how can we retrieve a private key if been misplace, is it possible to retrieve it?
Please am here to learn what I don't know.
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I went to market with my wife to buy things for our new born baby, after my wife selected baby things that Worth thousands and I paid with my btc,the transaction was very easy and faster. When we returned home ,she asked if you die can I achieved your btc or continued with your account? Because it's very easy and faster in trading and transaction.
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BTC is the only outstanding crypto among others,its acceptance and superiority stands out from other crypto though bullied by most government policies but it still pave it's way to price increment on daily basis...what do you think
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Bitcoin helps to make business strive since it has no daily limit of transfer and its activities are not regulated nor controlled by any financial institutions, businesses grow fastest when buyer and saler decides to used bitcoin as a medium of transaction
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Bitcoin is a digital currency that is not tangible, but people transact on it on daily bases,how is it possible ???it is only possible because bitcoin build trust among saler and buyer of the currency.it takes trust to send money to someone's wallet and wait to receive the bitcoin in exchange ...what do you think
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Crypto currency round the world has come to stay, to foster growth in business and build trust among its users but most world leaders are head bent on tackling bitcoin by making difficult policies to affect its stability, but little do they know that this policies of theirs make bitcoin to become more influential among other crypto ,making it scarce and the most sought after crypto currency thereby making the few people that have it to hod and inflate the price to which ever amount they wish to sale on peer to peer bases...what do you think
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I believed that bitcoin will not last because of government policy is against bitcoin and many people is seeing bitcoin as a scam, so with such points I don't think bitcoin will stay till 2030, and if bitcoin stay till then that means it will stay till further notice. Please am not here to criticised cryptocurrency but from the attacks government attacks crypto I think such will come in reality.
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We have numerous kinds of coins that's in existence today and functioning properly like Bitcoin and popularly known as cryptocurrency, so developing a coin in different form such as Ethereum coin, litecoin, Bitcoin cash, ripple coin, what are the benefit of developers and how does coin developer's generate fund's from their coin market industry, when coin is been known and become influential across the world, because its confusing that coins we buy and store we don't know its channel, so the money we use buying coins were does it belong? The list of coins we purchase, such as the following. ∆ Bitcoin ∆ ethereum ∆ litecoin ∆ cash coin ∆ BNB ∆ monero ∆ ripple coin ∆ tron coin ∆ TRC20 ∆ Bitcoin cash Were does the funds of all these coins listed goes to
What's the Disadvantages of coin developers Really it's open and clear that whatever that's have advantages, in another form also has disadvantages, so in this scenario what is the disadvantages of who are coin developer? Because from nature of things I think the disadvantages will be higher than the advantages because it's not all coin that's been developed that are influential to the society or in cryptocurrency industrial market, I will like to know the different between the merit and demerit system of coin developer's and possible ways to have a project that will be influential.
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How does companies that hire participants for signature Campaign to their money to pay participants, since we are no seeing them and the place of their site, ok, does it means as many as companies that is here get the same amount of capital or finance to pay their workers or their is another source money come on their way to payup the participants that work on their name.
I was told that signature or avatar are the symbols of Companies here, so without clicking on the signature or avatar they won't generate money, please I need more clarification, because some companies don't have avatar like one monero signature campaign, so how does it get finance for payment.
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While Bitcoin is have name more than ethereum, and what's the difference between altcoins and main coin called Bitcoin, since i been hearing about crypto I don't hear the name ethereum, litecoin, cash coin and ripple the way Bitcoin name is circulating the world, what is secret behind Bitcoin.
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Using mathematical expression to solve cryptocurrency , as a field of studies People in Bitcointalk forum having Bitcoin and ethereum in their wallet, assuming everyone have Bitcoin or ethereum. And the total number of Bitcointalk user is 60. What is the number of people that have Bitcoin and ethereum? Question A: how many people having cryptocurrency Question B: how many people have only Bitcoin Question C: how many people have only ethereum Solution Formular to be use Now N - Representing number B - Representing Bitcoin E - Representing Ethereum Using n(B n E) = n(B)+n(E)-n(B n E) That is = 30 +35 - n (B n E) Using 60=65-n(BnE) And - n(B n E)= -5 => n ( B n E)= 5 People having both Bitcoin and Ethereum = 5 Now n(B) = 30 that is n(B n E)= 5, so that 30-5=25. I.e only 25 people have Bitcoin while n(E)=35 with n(B n E) = 5, then 35 -5=30 that means only 30 people have ethereum The total number of people in the forum is 60, 25+30+5=60 Using my field of study to relate cryptocurrency to maths Thank you for positive contribution
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