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on: June 01, 2018, 08:18:46 AM

Yes! Most certainly so. With so many advancements that crypto tech brings, I think it can go very far, we can look forward to new alt-coins rising up to the spotlight with new and creative ideas. I saw another user made mention of Bitcoin Origin. I looked at their position paper and it definitely looks like a game changer to me. Crypto will continue to grow and adapt as we develop our own ideas.

on: May 31, 2018, 09:49:04 AM

Quote from: PageDown on March 07, 2018, 04:17:21 AM Can I earn bitcoin without investing? if it can be done, how? really need it cause I don't have money now. Faucets, earning Bitcoins by accepting them as a means of payment, mining and airdrops are all ways to earn Bitcoin without direct investment.

on: May 31, 2018, 09:37:21 AM

I read a similar post on bitcoin talk about the "Crypto clinic". I think anything can become addictive if not controlled. "Crypto gambling" as I'd like to call it, can be quite addicting. The high risk and volatile market is appealing to some. It provides an escape from reality as any other addictive substance does.

on: May 31, 2018, 09:22:24 AM

I also have another question to pose, What is an ERC20 tocken? What is it used for? I see this word thrown around allot but I'm not understanding?

on: May 30, 2018, 12:44:30 PM

There is a new project that caught my attention. Earlier on a read about "Bitcoin Origin". It seems like it may be something worth looking into, gaining attention quite quickly. https://www.prnewswire.com/news-releases/announcing-bitcoin-origin-an-innovative-new-approach-to-blockchain-technology-300642320.html

on: May 30, 2018, 12:33:52 PM

This is not necessarily about my mistake but I had a family member who was adamant that buying in at $20k was a good idea because "bitcoin will continue to rise"

on: May 30, 2018, 12:24:51 PM

Quote from: Jiralhanae on May 30, 2018, 07:31:30 AM Perhaps at the moment I would say yes. But yesterday I read up an article about upcoming fork and their technology sounded pretty exciting and that's what really caught my attention about this article. Their innovative intitatives was talking about Multichains, Multi state engine and Blockchain-as-a-service. https://www.prnewswire.com/news-releases/announcing-bitcoin-origin-an-innovative-new-approach-to-blockchain-technology-300642320.html I also read something about this on another article. They also made mention of serverless Blockchain. Do you understand how it works? I'm not sure I understand what a "severless" Blockchain means.

on: May 29, 2018, 10:16:08 AM

The price of Ethereum has fallen today, down 8.49 percent over a 24 hour period. Why is this? Can someone explain? Market manipulations? Or is it influenced by Bitcoins deteriorating prices?

on: May 29, 2018, 09:47:58 AM

Yes Bitcoin and other Cryptos can be beneficial to struggling countries. Zimbabwe is a good example I read up on, recently lifting their ban on Crypto dealings. http://bitcoinist.com/high-court-zimbabwe-lifts-regulators-cryptocurrency-ban/

on: May 28, 2018, 10:33:52 AM

Another question to pose, once Ethereum moves to a PoS system, how will Ether be generated? What will this do for Ethereum prices?

on: May 25, 2018, 11:10:32 AM

Quote I agree, although Bitcoin is the "King" of all Cryptos, unless we see Bitcoin making some amendments to its protocol we may see more innovative alt coins rising up to take its place. Ethereum is one of them. Although it has much catching up to do in the markets I think its a possibility. China recently ranked Cryptocurrencies and Bitcoin was not in the Top 10. The index is based on three criteria: technology, application, and innovation. Ethereum came first, while Bitcoin was only 13th. https://cryptonews.com/news/china-ranks-cryptocurrencies-and-bitcoin-is-not-in-top-10-1806.htm Bitcoin is an aging King. After bringing in millions of users to the network, and engaging the interest of thousands, Bitcoin has hit a jam on its network as a backlog has led to higher transaction fees and longer waiting times. Currently, the market share for Bitcoin is just over 33 percent, having not too long ago been at over 60. Bitcoin could be in some trouble. It wont disappear but it definitely has competition to look out for.

on: May 24, 2018, 11:53:40 AM

Quote from: hvdf112 on May 24, 2018, 06:01:17 AM Ethereum (ETH) will go up or down? What do you thinking? Right now I think with all the fuss in governmental restrictions and FUD from dropping prices in all cryptocurrencies, it will continue to decline but it will make a recovery when we see the buyers market take hold.

on: May 24, 2018, 11:35:52 AM

Bitcoin has faced huge drops in price after the Chinese Government planned to shut down bitcoin miners. Also EUs plans to remove anonymity from Bitcoin transactions has caused this downward trend. However low prices could mean more people buy in allowing bitcoin prices to rise again.

on: May 23, 2018, 11:29:42 AM

Quote from: BIRC on May 18, 2018, 04:04:23 AM Today I read this article..... https://www.ccn.com/bitcoins-electricity-usage-could-power-all-of-austria-in-the-future/ It says in 2018 Bitcoin mining may consume 0.5% of world’s electricity in 2018. I think this is because the mechanism "PoW" of Bitcoin. It costs a lot of power. And it looks like this statistics only includes Bitcoin, but there are still other coins can be mined. I am sure for some people this is not environment-friendly and this could be used as the reason to restrict Bitcoin. Will this affect the future of Bitcoin? or will there be any new energy-saving mining method for Bitcoin or other coins? How do you think about this? Some claim that a proof-of-stake algorithm could prove to be more ecologically sound. Innovations like the Lightning Network could also scale this problem down. Sustainable energy sources such as hydroelectric power has Chinese mines drawing cheap surplus energy from hydroelectric dams. Solar powered mining farms are also a more environmentally friendly approach to the problems posed.

on: May 22, 2018, 09:33:38 AM

Quote from: sunil_ad on May 21, 2018, 04:21:06 PM I am all new here. I am interested in getting some pointers to learn the mechanism of the blockchain. i.e. how it functions. Thank you all A Blockchain is a digital ledger in which transactions and data (ie: smart contracts etc) are recorded publicly and chronologically. Its like a spreadsheet that is copied thousands of times across a network of computers and that this network is designed to regularly update the spreadsheet. It cannot be controlled by any single entity and is transparent and incorruptible. The implementations of Blockchains are limitless.

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