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awesome project! Good idea! Respect! Sorry for my bad English
From Russia with love!
# My telegram username: @dilevr
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Telegram Username: @dmitrylavrin
TAU Wallet Address: TDkaFM4MdopaNhmzq4MzfynikQdUmj7xKR
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this project I found not long ago, I was advised by his friend. the project looks promising. a good plan, cool technology, the best area of application. the project has a great future! good luck to the developers, I believe in you! let's become rich together!
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#Proof of authentification
BitcoinTalk Username: Edward Wilkins
Telegram Username: @dmitrylavrin
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Yes Bitcoin do exist in physical form. You may don’t know that IN US 500+ ATMs were installed for BTC - Bitcoin and in Israel capital there are 2 ATMS in which it is reported that 1 is working while other is malfunctioned so it undergoing some correction.
So, if you’re thinking that BTC-Bitcoin is just a virtual currency then update yourself. Keep in mind that yet no country has given Bitcoin a legal tender (Currency) status.
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I believe Bitcoin will survive in the long term unless a vastly better technology replaces it.
I see absolutely zero threat to Bitcoin from a government or bank controlled “cryptocurrency”. The government already has a digital currency that it controls called the dollar. The thing Bitcoin provides that people see as so beneficial is it’s lack of centralized control. The centralized control aspect of currencies IS the part that people who use Bitcoin are trying to escape from. Believe it or not there are quite a few Bitcoin enthusiasts, including prominent ones in the public, who would like to see governments ban the use of Bitcoin because they believe this will help to strengthen Bitcoin as an alternative.
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Cryptocurrency is a virtual asset. It works on immutable blockchain Technology. Though you may get alot of response or assumption but the true fact about any crypto currency control is that,
“it's controlled by dominating group of people who have major percentage in their control. “
One of my example is famous Whales group. Who is dominating the BTC market as well as manuplating Alt coin market on world level exchanges.
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That a huge structural fallacy is found, that will make it crumble to zero because it will immediately become unusable. The most possible option in this scenario is quantum computing reaching a status where Bitcoin’s cryptography can be broken in acceptable time, like some days.
That would definitely destroy Bitcoin… but it must be said that there are countermeasures ready for this scenario, like of course different cryptography methods or empowering the actual method (which wouldn’t require toooooo much work). But anyway, Bitcoin’s price would suffer an enormous impact of distrust, until the new cryptography system is implemented.
In any case, if this would happen, I would buy Bitcoins after the price reaches the low, this is sure.
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Majority of investment into strong established coins like bitcoin, ether, litecoin. 60% ish. Next tier I have in smaller coins which have a good following and potential. Neo (though getting big), stratis, dash etc. Maybe 30% ish.Then last 10% to play with a bit. Accept I might lose that but could also see big gains. IOTA is my latest there. Aiming for 10% a year. Hoping for 50%.
Better to assume a smaller return than to be disappointed.
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With transaction backlog increasing, if you leave ethereum in Coinbase, you will be able, to trade without waiting for confirmations. This is the good part. The bad part, is that if Coinbase is hacked, then you’ll find it difficult to get your coins back. If you move them to your wallet, they will be safe, but then you’ll need increased transaction fees, to move them to coinbase to trade.
You can find out, what is suited better for you.
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Yes. Search for “bitcoin game faucet” and you'll find many of these kind of websites. Example: GameFaucet - Earn Free Bitcoin
But be careful. No matter what they advertise, these websites are designed to make money from you, not the other way around.
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The thing is that there are so many HODLers now that if it dropped dramatically, we'd all swoop and increase the demand again.
Government regulation is probably the only worst case scenario I'm worried about long term. And I hope that's not an issue under a republican administration, they're usually a bit more restrained in expanding government regulation to new territories.
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The whole point of cryptocurrencies is that it's the new wild west. There are no rules. Nor should they be. It's a free market, one of the few left, thanks to the internet, which has been mostly a free market as well.
Let it work. It will work. There are growing pains. but cryptos are going to win in the long run.
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When the new coin offerings came to the front, people thought it’s impossible to attain the same level of popularity similar to bitcoin because of many things. A few are
1. Bitcoin longevity has been a major attraction to people. The crypto-currency market place has been flooded by many scams, Ponzi schemes and all sort of bad vices which has resulted in total loss of investments for a lot people. But everyone notices the superior technology behind the bitcoin and that very faith has lead to its current place as the forerunner of cryptocurrencies as well as an exchange medium for all other crypto offerings.
2. Bitcoin has grown over the period to be the most valuable (price) among all other coin offerings in the cryptocurrency market sphere .
It would take a lot for other coin offerings to overtake Bitcoin but it’s not impossible. There are some other serious players with high intrinsic value such as ethereum, ripple, litecoin, neo etc.
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I don’t think mining contributes to global warming.
People usually forget the following fact:
"Fiat requires commercial banks, central banks, ATMs, armored cars, hundreds of thousands of employees, among other things to work. The central bank, in this case the FED, does not magically distribute the US dollar to every person in the country at their doorstep."
This is interesting, because even mining methods can be solved to decrease energy consumption. Also blockchain can help at the distribution of renewable energy, using smart contracts. Other applications of blockchain can also contribute for business and generally, to the democratization of the global economy. I see more pros than cons to society, if you balance !
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In fact its a Technical Wonder. Because it was the first cryptocurrency and they did not have any samples to refer to. In that scenario, the solution they came out for validating the bitcoin transaction is indeed marvelous.
There are alot of cloud mining scams out there. It could be some bad experience with them that make you think Bitcoin mining is scam.
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1.Crypto isn't a company, it's tech, and tech moves at a completely different speed than usual markets. Think of young models, once they show enough age, photographers move onto the next young ones.
2.I'd say the internet is growing, so finding a top 5 coin to store value is a great idea, but definitely don't think in those time frames. What we are seeing right now are the MVPs of crypto technology. 10 years down the line, some interesting stuff will be around that will make today's tech (blockchain and DAG) look like a little bitch.
3.You are talking to different types of investors all at once. A good organized way would be:
Day traders - will make money.
Swing traders - with good risk management will make the best money.
Long term holders - with picking a top 5 coin today, you're good.
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1. Generally Accepted - Bitcoin is becoming more and more widely accepted, but is not generally accepted. It is thus not an ideal currency in this respect.
2. Durable - Barring a massive EMP hitting the planet and wiping out most computer technology, bitcoins are satisfactorily durable.
3. Divisble - Bitcoins are easily divided.
4. Stable/Consistent - Bitcoin prices have been erratic since their conception. They are not ideal as a currency in this way.
5. Transportable - Bitcoins are very easy to transport and literally weigh nothing. As long as you have a mobile device, you have them available.
6. Scarce - Bitcoins are scarce by design. They are superior even to precious metals in this respect.
7. Easily recognizable - Yes, assuming you know what bitcoins are, it is easy to verify the validity of a bitcoin.
8. Difficult to Counterfeit - Bitcoins appear to be impossible to counterfeit. Perhaps some day someone will figure out a way, but so far, it would be far easier to counterfeit any fiat currency.
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