I did not expect the cost of electricity to be so small there. Very interesting to know. And this logic of finding cities that have lost a recent aluminum factory may be an excellent strategy for Bitcoin farms.

I just do not understand why they need so many employees. I think they claim this to make it easier for the government to accept.

Hi,

I could translate to Portuguese.
You can find my previous work here:

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If you accept my work, please, send a PM to me.

I would also like to continue, if possible. And thanks for the payment.

What is also important to make clear, is that the government has always acted in determining the price of fuel in Brazil.

Until recently, Petrobras had the exclusive monopoly over any Petroleum related product. Gradually this was modified, especially with the discovery of the Pre-Salt. Pre-Salt is a Brazilian offshore region with an estimated 176 billion barrels of oil and gas.

Brazil still needs to import oil since the large amount produced is the heavy type, that is not so good for gasoline. Besides, we could not refine everything. The previous government almost led Petrobras to bankruptcy. Forcing her to hold fuel readjustments to keep the inflation low before the elections. The government paid no attention to the international price and the price paid for refined petroleum. With this, Petrobras took a lot of damage and their stocks hit the floor. The government is owner of 68% and investors are the owner of the rest. Including American investors. Petrobras was sued in the US for this reason and for the scandals of corruption. [1]

The present Government did exactly the opposite. He began to readjust the price daily. And with that, Petrobras was able to make a big profit. The reason is that the price of Brent Barrel rose a lot and the dollar too.

But the truckers did not like it. Added to the fact of an over-supply of freight services. The activity of the truck drivers became very unprofitable. They were closing a contract thinking about a fuel at a certain price and halfway through the trip the price was already way higher.

The government's solution was what is already standard in the proposals of the Brazilian politicians. Favor one sector and require the rest of the population to pay the bill. Government will pay, with national treasury funds, a share of the value of diesel. This solution seeks not to harm Petrobras, so that it continues with profit. And help the truckers pay a low price for the diesel.

[1] https://www.usatoday.com/story/money/energy/2018/01/03/corruption-scandal-petrobras-agrees-pay-settle-case/999233001/

Petro was a government project. That had as one of the objectives to end Bitcoin. It is impossible for a centralized government to see Bitcoin as positive. They will do anything to ban it. But the population is reacting and I hope it is one of the great opportunities to fight against this oppressive regime.

Bitcoin is today the only opportunity for a population to fight the government using financial instruments instead of weapons.

If the population gives up the local currency and uses exclusively Bitcoin, no dictatorship will survive.

75 - vit05

19k It was only a peak that lasted very little. We'll see if people will actually go back to buying volume if the price goes up to 14k. This is a resistance that can define if this will be the year we will reach 50k

cointelegraph

Hypothekarbank Lenzburg has become the first bank in Switzerland to provide business accounts to blockchain and cryptocurrency companies, Cointelegraph auf Deutsch reported June 6.

While Falcon Private Bank has provided crypto asset management services since last year, Hypothekarbank Lenzburg CEO Marianne Wildi confirmed that they are first bank in the country to open company accounts for blockchain and crypto-related fintech companies. Wildi said:

"As a bank that sets itself up technologically and pursues a cooperative strategy in the field of fintech, it is also a matter of credibility to work together with the young sector of crypto and blockchain companies in Switzerland".

Wildi noted that she was aware of "the money laundering problem in the area of ​​crypto companies and Initial Coin Offerings (ICOs)”. The bank reportedly examined the relevant risk and compliance issues "very precisely," in addition to informing the Swiss Financial Market Supervisory Authority (FINMA) before deciding to cooperate with crypto startups.

This is quite interesting, unfortunately, the minimum amount is much higher than I could invest. Pantera is undoubtedly one of the best firms in this environment. One of those who knows the most about cryptocurrencies. Maybe someday I can invest.

I have never received any message from you about my invoice. I have filled the form and send you a message when your twitter was on.

I had no idea about that. Very interesting. When Ripple passed BTC in market value I sold everything and never bought it again. This new option seemed interesting and I will read more about it. Maybe I'll invest again. But it's always good to remember that ripple belongs to another category. And compete with options that go beyond cryptocurrencies. Since it is a centralized platform, controlled by an owner and with no plans to change.

It is not in the same category as ETH for example. And yet be able to be a successful company with their token worth nothing.

It is very expensive for something like this to happen in the next few years. Maybe we will gradually see more information being exchanged using some kind of Blockchain. But having a social network in a decentralized system is still quite unlikely.

I think it's important to point out that the big problem with 51% attacks is when they can effectively use this premise in the generation of new blocks to deceive exchanges with Double-spending. Increasing the number of confirmations can make such an attack difficult, even so, if someone controls> 50% it could still succeed regardless of the number of confirmations required.

In the beginning, there was a kind of signal that was sent to the devs when a problem occurred. Nowadays I do not know how the exchanges would be alerted. I think Bitcoin is the only project where the devs have no direct contact with the exchanges. And that's good. It proves that decentralization is sufficient thus far to ensure network security.

This is great. We need more and more options like this to facilitate and increase the liquidity of assets. It may increase the concentration and power of Binance, since many other exchanges only serve to exchange fiat-BTC. But this step is necessary because someone with the resources of Binance can negotiate more easily with banks. And maybe even seek the same path as the coinbase.

LOL No. For something like this to happen, a serious flaw would have to be found. And the exchanges paralyze the negotiations since many use ETH as a pair. It is quite likely that exactly the opposite occurs and ETH grows 10x in the next few months.

I think this way of classifying is very stupid. There is no such thing as under 1 dollar. Bitcoin is also under a dollar if he considers satoshi. And there is even a BIP proposed to change this code.

But I understand the psychology behind it. So I suggest investing in projects like ADA and XLM.

Most solutions in Ethereum will not be separate projects, but additions to the original. So by investing in ETH you are already investing in these projects. It is very likely that Constantinople will be released in the second half of this year, so the Metropolis will be complete. In addition to providing a faster, cheaper and safer solution. We may finally have zk-SNARKs.

Then we'll wait for the Serenity. That will finally turn Ethereum into a POS along with the Casper project.

Investing in ETH today means believing that these projects will be successful.

Some content to read: https://medium.com/loom-network/the-state-of-ethereum-scaling-march-2018-74ac08198a36
https://hackernoon.com/the-beginners-guide-to-ethereum-s-2020-roadmap-2ac5d2dd4881

It is funny how many of them have made stupid choices or fuck up someone. I think many of these should still use an altcoin. And some still access the forum with this account, but few comments. This should tell a lot about the current situation of the forum and the difficulty of finding a good topic to discuss a more serious matter.

Why is there still no unique quality repository for cryptocurrencies projects? This is a great opportunity. Maybe something with a blockchain itself for some extra functions like save for eternity. That makes easy searching for copies of code in other projects, I am looking at you TRON, ranking of the most active. Of the most innovative, teams etc.

I do not believe there are enough examples to set a standard. Perhaps for the idea of seeking profits with Masternodes, the price may increase. But the reality is that to date there are few examples of projects that work with POS, have a mainnet and are safe enough to trust. POW is still the best choice.