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World is entering into a new era of economics
Till date, as we know, we are using centralized currencies to make business locally. But Bitcoin has opened the door for the decentralized economy, with its power of peer to peer network.
Revolution is always been skeptical but the implementation of it can bring more features for businesses as well as services.
Bitcoin already has proved its importance, existence, and value globally.
Now still world it in the testing phase with possibilities and their outcome by implementing decentralized platforms for better governance, transparency, and scalability.
In future definitely cryptocurrencies will be the mainstream of exchange good and services.
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The whales are selling - they might want to buy new cars or something. chill out - hodl and surf the wave.
If anyone goes in-depth and check for volume traded on exchanger can open your mind. Very high volume is selling. It means people are removing their investments by taking profit. Guys - chill out. BTC is still at 8K. It's not like it dropped down to 1K.
Basically Bitcoin have "0" value for a person who doesn't know it. So just chill still there is long time to go to become Bitcoin's price stable globally. If you're not okay with market volatility get out of crypto. It's down because it's part of its natural cycle.
In the digital world, nothing is natural, everything is predefined, predetermined and prespecified. |
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There are many reasons for the rising of Bitcoin dominance fast
Major users are still not aware of altcoins especially new launched. And who are willing to invest in specific altcoins must have to buy Bitcoin first to make an investment.
The second important thing is more security and higher demand. Limited supply and distribution along with circulation.
The third one is more usable applications and implementation of BTC as media of exchange.
The fourth thing is the price of Bitcoin against fiat globally.
The fifth one is more transparency and security within the network.
And most important bitcoin has gained lots of trust and value for exchange.
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Someone gave me an advice about investing and he said that we shouldn't invest any amount that we are not ready to lose in the first place and I do believe that this is very true for all investments in the world. There is a 50% chance that you may end up losing it all but with cryptocurrency investment, you only lose your investment when you sell , so if you are patient, you may end up making money.
In addition, I would like to add some important aspects related to cryptocurrency investments as : Cryptocurrencies are digital assets so while accessing them keep your device secure and safe. the second important thing is keeping your data private or safe. the third aspect is being more active and updated with the market. the last one grabs knowledge to make a positive decision confidently. |
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Looks like hashrate is back up. there is no evidence the hashrate ever fell it cannot go "back up" if it did not even fall Maybe I'm missing something, but it looks to me like there were only 114 blocks mined on 9/23. 596163 to 596276 https://www.blockchain.com/btc/blocks/1569268006726100EH/s at 11.8T diff should produce 170 blocks/day on average. If the nethash was actually at 100EH/s, the probability of getting 114 blocks is .00000319. Pretty unlikely. 90EH/s at 11.8T diff would average 153 blocks/day. Probability of 114 blocks is 0.000587, which is getting into the range of possibility, but still a once in a 5 year kind of event. Calculated these numbers with this poisson distribution calculator : https://keisan.casio.com/exec/system/1180573180Probability of getting <= X number of blocks in a day at 100EH/sec: X | probability -------------------- 110 | 5.736E-7 120 | 3.248E-5 130 | 8.260E-4 140 | 0.01017 150 | 0.06519 160 | 0.2349 170 | 0.5204 180 | 0.7910 190 | 0.9400 200 | 0.9889 Probability of getting <= X number of blocks in a day at 90EH/sec: X | probability -------------------- 110 | 1.574E-4 120 | 0.0033 130 | 0.0320 140 | 0.1560 150 | 0.4250 160 | 0.7307 170 | 0.9196 180 | 0.9852 190 | 0.9983 200 | 0.9999 If we calculate profitability comparing to hash rate against the price of BTC, then it is trending in negative values. So, many user especially miners supporting BTC are moving towards alternative coins to generate with their hash power. This is the main reason behind the falling of hash rate of BTC mining. BTC is always a prime cryptocurrency among the market, based on the SHA-256 algorithm which is supported by ASIC mining. Next wave hash rate will be gone higher as halving is coming by next year. |
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Make max posts on CryptoTalk.Org Forum until 1 november 2019 and win 1 btc! - Each post must contain 100+ characters, no low value, non-constructive allowed. - No spam posts Prizes: 1 Place: 1 btc 2 Place: 0.2 btc 3 Place: 0.2 btc 4 Place: 0.2 btc 5 Place: 0.2 btc 6 Place: 0.1 btc 7 Place: 0.1 btc 8 Place: 0.1 btc 9 Place: 0.1 btc 10 Place: 0.1 btc Good luck! I was just curious how do they expect at the same time non-constructive, low-value posts not to be spam? I agree with Royse777. He has to use escrow for this offer. 2.23BTC is a big amount just for spamming on the forum. I think Yobit is taking serious move to grab a new audience from targeted places such as forums, specially made for Cryptocurrencies. But Yobit offering such a smart prize for users with a new forum domain named cryptotalk.org to get users participation and contribution along with increasing userbase to exchange platform for trading. We must keep watch on cryptotalk.org forum. |
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Nope.
Trading is like riding a bike or driving a car, so every time when you drive your bike or car on same road you will get different experience and results.
Everyone has a different mind with experience, intelligence, and knowledge so while trading many factors have to consider to predict the market movement.
I always prefer, own analysis for trading within the crypto market. I already tried many ideas some are good and some are very bad but after all money is nothing in front of knowledge.
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CoinGecko, Coinmarketcap and many other third-party data service providers are available within the industry offering free as well as premium services.
Basically everyone is using API data provided by exchanger and blockchain of coins.
Adding more parameter can give more transparency, trust, and a friendly environment to the trader to judge market condition, and information to users about the current status of specific coin listed on exchanges to analyze.
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Bitcoin is like a nightmare of banks. Bitcoin and other cryptocurrencies are more attracting than banking system to people. For example, their decentralized system provides an ease for people to have full control over their money and it is a big advantage compared to banking system.
The Banks and Bitcoin are like two conflicting systems which work on different but opposing principles, thus centralization and decentralization respectively. The Banks want to always be in control over the finance of the people whereas Bitcoin takes this power and gives it back to the people. I agree But Bank system is made especially to control and manipulate the economy as it's controlled by centralized authority, which gives more power to governance, but at the same time BTC is offering global economical revolution which offers borderless, trusted, secure and scalable platform by offering own P2P network. Now the world is changing and entering into a new era. Every government must take it seriously while approaching the future. Banks are important because this is the only way trade by exchanging fiat currency for good and services. But at the same time, we must have to think about the upcoming future. Like many governments, corporates, and even individuals are testing possibilities of blockchain technology for offering better living of human being. |
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It's such an old story and I can't beleive there are still people who fall for this, it's obviously a scam.
There is no such thing as giveaway but I guess that people's greed will always be stringer than common sense. There is no such thing as free lunch, don't forget that.
At the initial stage of introduction of BTC to the world, it was completely unfamiliar and unbelievable thing which can be hold and transact electronically only. So many users got trapped by false advertising and marketing. Giveaways are one of them. Many tech guys with tricky knowledge can grab confidential data from the user to get access to digital assets of users, and due to anonymity and lack of trackability people lost their hard-earned money. So my opinion is kindly safe while entering in such airdrops and giveaways. For example, Many individuals try to grab private keys by offering giveaways for stacked balance. In such scenarios, users are asked to submit their wallet details and authorize them to get rewards against hold balance. And in many cases due to greed, people get trapped. |
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Hey guys, I was wondering about Bitcoin, blockchain and cryptos in general and their relation to the games industry
We all know, people at my age (31 years) growed up playing games, surfing the internet and they are very close to technology in general
Games always have put new technologies to evolving the market, like: Internet to play multiplayer games, virtual reality and 3d to have a deeper experience, photorealism, payment inside app/game and etc
But until now, games industry didn't use any new technology related to cryptos
Do you think they will use?
And if yes, how they can use BTC, blockchain and cryptos in general?
The only and most obvious for me is use cryptos to pay games, in steam, psn, xbox live and etc, but I'd like to see your ideas guys
I know there are many more possibilities, but already blockchain has introduced the ultimate gambling industry. We can see right now there are many pokers, bingo, dice, and related to probability games are available on blockchain even many gambling enthusiasts are trying to connect existing gaming platform to the blockchain which can give more mobility to users. Still many testings are going on with blockchain technology to enhance many factors comparing current gaming platform. Tokenization is great tool offering users to perform gaming activity which can be easily exchanged against fiat, and this can happen with the only blockchain. |
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Complete fake. I just checked for link mentioned. And here are some of the things that prove that this is fake news. "About Satoshi Nakamoto Renaissance (SNR) Holdings
Satoshi Nakamoto Renaissance (SNR) Holdings is in the business of providing superior Blockchain technologies to help transform people’s lives. For more information, please visit www.SatoshiNRH.com or follow @SatoshiNRH on Twitter.And this is posted to https://www.globenewswire.com/ by Ivy McLemore & Associates
Ivy McLemore & Associates (IM&A) is a digital marketing and PR agency that specializes in serving investment management and cryptocurrency clients seeking to gain and maintain a competitive edge. For more information, please visit www.ivymclemore.com.
CONTACT: Ivy McLemore
PHONE: 212.323.2774
EMAIL: satoshiPR@ivymclemore.com
WEB: www.ivymclemore.comAnd when I check for ivymclemore.com. is just a PR and digital marketing firm based in Manhattan. So this is might be trying to reach to some targeted audience by using the name of satoshi for offering their own services. But Site is also completely newbie type as based on WIX. As per my conclusion, no financial company will use a free platform for their website. Folks kindly reply your opinions and stay away from such shit sites. . |
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First of all Bitcoin is a token, programmed and deployed according to specifications.
Many of we even don't believe that whatever mentioned in Whitepaper published by Satoshi Nakamoto.
But in the last 11 years, everything is happening according to whitepapers.
I agree that many forks are already there, but in the coming future, there will be many more forks which can produce more accessibility to users compared to BTC and many other altcoins.
But Supply of Bitcoin is quite impossible to change.
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I checked post on Medium. A bit sticky to the topic of scam, but can include more issue that can also help to rid out of the scam. Never invest in investment sites that offer a smart incentive for referring. Because Referring can bring promoter little money against an investment he brought from investors. The second thing never gets involved in network marketing (Pyramid schemes.) Because Cryptocurrencies itself don't have definite value as it all depends upon the price of BTC against fiat. While investing in cryptocurrencies kindly check out in detail report of specification, projection, roadmap, and crew member. It can help to make a decision while investing in cryptocurrencies. |
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According to a recent bill's draft:
"India has proposed a jail term of one to ten years for those who mine, hold or sell cryptocurrencies."
I was wondering how someone could say that 'A' is holding 'X' amount of bitcoins in his address 'Y'.
What if the person generated the wallet and learned the passphrase leaving behind no physical evidence of the ownership of the address. At that point, it would just be an address with a balance on the blockchain ledger.
Or if he just made the backup of private keys on a paper and destroyed it upon inspection (having a backup somewhere else). How is the government going to track down who's holding at what address? That's just stupid.
Similarly, they can't impose a ban on mining as it is just a computer software and blockchain protocol cannot be blocked by the government.
What do you think? Would the govt. be able to catch someone who violates this?
According to specification of Bitcoin, Bitcoins are a peer to peer based decentralized tokens which can be held and transact electronically only. Along with this specification bitcoins transactions are completed and stored on Blockchain with SHA256 algorithm, which requires higher electric power. In such scenario no one have control over production and distribution of Bitcoins, so currupt government with lack of knowledge and lack of willing to accept change along with fear are taking such wrong steps of banning. Actually no government have rights to make laws and bills on things which they cannot control, distribute, produce or monitor. |
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While comparing Bitcoin and Traditional Payment processors we firstly have to understand that, these are completely inverse in proportion. Because Bitcoin is still like a dream and has many limitations to access it, as still, many developing countries don't have proper internet access.
So in such conditions trust will not only the factor which can be considered tentatively but also the traditional system will also get collapse. Which can be lead to a major impact on economic and ultimately living of human being.
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India is a democratic country so there is nothing in the hand of government. Mainly because the government always get elected to offer better governance. So if the government fails to accept this global change of economical affairs that means they are incompatible to run the government. And should have to think for their performance.
And as per my knowledge in India, many of user get lost their money in BTC just because of networking investments. which is a completely wrong way of marketing of BTC in India. And due to lack of knowledge and literacy, many individuals and groups get lost their hard earned money.
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... And he says... "NO, NO, NO. Not for me - I learned my lesson"
No Dumb-Ass... You didn't learn shit! ...
Yes he did. He learned two valuable lessons: 1. Don't invest in something that you don't understand. 2. Don't invest in something just because some random relative tells you to. Here's my lesson for you: 1. Don't recommend investments to friends or relatives. Completely agree. It's my personal experience, I saw many newbies are a bit interested even fascinated about Bitcoin. But no one actually willing to understand what is Bitcoin. So my suggestion will be, encourage people to get into Bitcoin not for investing money but spending more time to understand the ecosystem and technology used behind Bitcoin. This will help in a more realistic way, which will give confidence and mobility and trust in the enviournment of Bitcoin technology. In the above story person who bought Bitcoin just on a suggestion, request or order by someone, so we cannot say him as "Trader". But in case of buying and selling of Bitcoins, a person must have basic knowledge of trading. Introducing such a risk involved investment to relative or friends can bring them in trouble considering asset and equity. |
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Two things we have to keep in mind 1) Advantages and 2) Disadvantages.
India is a democratic country. So the ruling government must have willing power to accept global economic and technical trend. Most of the time, ruling governments think about disadvantages rather than thinking of advantages.
Main disadvantages are not controlling or monitoring the flow and price of BTC. Another issue is no framework for tax calculation on the usage of Bitcoins. And a very important factor is price fluctuation, which is more than 30% against fiat currency globally.
And some considerable advantages are as transparency in accounting and monitoring, speed and governance. Government must have to focus on the advantages of this revolutionary technology by legalizing for a better upcoming future.
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1. I am almost sure that this guy didn't do the job as good as a mixer could do.
2. A better level of privacy would be nice. But as you said, there's Monero (and others). He could have done a way better job with Monero.
But I don't blame Coinmama, if this is in the ToS...
Yes, Coinmama or any third party service provider can be put their users with limited access to their services. Not only coinmama but many other, offering wallet and exchange services to users acquiring little charge. But in my own perspective, these all altcoin or blockchain based wallet and transaction services are decentralized, and these are known and introduced with that particular specification, in such case, if these third-party services keep watch and track on transaction done by users can lead towards monopoly. This can harmful for both users as well as an exchanger. If things are still taking under one roof called centralization, then its quite impossible for Bitcoin in the current phase. |
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