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May 08, 2024, 07:16:57 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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281  Bitcoin / Bitcoin Discussion / Re: ATM machine for bitcoin reached kenya on: July 24, 2018, 07:16:31 PM
Great news, but it's a pity that such automatic in poor countries, if they are around the world, it's very good
282  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bull Market on: July 23, 2018, 04:03:12 PM
I do not think that medivi so easily surrender, they will let us go to the bottom. This is mine mine
283  Bitcoin / Bitcoin Discussion / Re: Visualizing the Bitcoin ETF from Gold ETF history on: July 23, 2018, 04:01:22 PM
Undoubtedly this is great news, but after it there will not be such rapid growth as we would like)
284  Bitcoin / Bitcoin Discussion / Re: Your investment strategy? on: July 23, 2018, 03:58:23 PM
I come out of the market, I will invest in other projects, then I will return to the market, when everything is settled, I will now earn dollars
285  Alternate cryptocurrencies / Altcoin Discussion / Re: What is a good amount to invest? on: July 22, 2018, 07:13:09 PM
I think plus this market is that you can invest even $ 5 to joke about what an investment is.
286  Bitcoin / Bitcoin Discussion / Re: Invest into Bitcoin or bank on: July 22, 2018, 07:11:29 PM
If you know what you're doing buy bitcoin, and if not then diversify
287  Bitcoin / Bitcoin Discussion / Re: Samsung start to accept Bitcoin on 3 countries on: July 22, 2018, 07:09:11 PM
Excellent news, I think this is just the beginning, soon more campaigns will accept crypto currency
288  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is etherium good for long term on: July 18, 2018, 07:05:05 PM
Of course, this is one of the most top-end and best projects for today, I believe that it will grow to 2k $
289  Bitcoin / Bitcoin Discussion / Re: DECENTRALIZED OR CENTRALIZED? on: July 17, 2018, 07:01:30 PM
bitcoin is decentralized yet, but if 51% of all bitcoins fall into one hand, it will automatically become centralized.

Bitcoin is getting near to a 51% control in network hashrate by a single mining entity called Bitmain. This is very bad, because if Bitmain's monopoly over ASIC hardware expands, then it would have complete control over the Bitcoin network. At any moment, China could force Bitmain to shut down all its mining operations, severely affecting Bitcoin's security and long-term sustainability. On the other hand, China could force Bitmain to perform a 51% attack on the Bitcoin network to disrupt it and turn it into a useless chain.

As such, any possibility could exist for Bitcoin to become centralized because of its current PoW algorithm. If Bitcoin were like other decentralized coins in the market today, which have implemented ASIC-resistant algorithms, then it wouldn't have the risk of a 51% attack since the hashrate would be spread out by people around the world with access to CPUs or GPUs. However, the way Bitcoin is leading to, is towards centralization unfortunately, as big mining pools (mainly operated by Bitmain) have the most dominance on the Bitcoin network.

Therefore, what once started as a decentralized cryptocurrency, could turn out to become centralized in the future if the developers and the community don't do something about it. This is like the internet where it once started as a decentralized system, but now it's highly centralized controlled by big corporations like Google, Microsoft, and Facebook. Just my thoughts Grin

Thanks for the detailed explanation, I agree with you. This is very bad, I hope this does not happen
290  Economy / Speculation / Re: Does the bitcoin have a future? on: July 17, 2018, 06:40:46 PM
In bitcoin the future is the price, its either the price is low or high and not the end. Don't think that it will end because it will continue to rise. That means of course bitcoin has a future, all the thing in this world has a future.


I agree with you and today's market showed it. Like when the market turns green
291  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 3 coins in 2020? on: July 16, 2018, 10:10:57 AM
I think until this time will reach only top-quality good projects, such as:
- eth
- eos
- btc
- ada
- pundiX
292  Alternate cryptocurrencies / Altcoin Discussion / Re: Still invest on ICO ? on: July 16, 2018, 10:07:22 AM
I invest only in proven ico projects, which I myself analyze for several hours.
293  Alternate cryptocurrencies / Altcoin Discussion / Re: Why I do not panic when the market falls on: July 16, 2018, 10:05:02 AM
I also think that the Crypto currency will go up in price, as only 6% of people have entered this market.
294  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC for Airdrops: A bad precedence on: July 16, 2018, 10:01:18 AM
I also think this action is not correct in the crypto community, but this has to be reconciled because there are so many scammers and we need to fight off
295  Alternate cryptocurrencies / Altcoin Discussion / Re: EOS or ETH, which one is preferable?? on: July 14, 2018, 05:28:51 PM
While I give preference to ethereum there are large commissions, but not such bugs as in eos. That's when eos will show its stable block, then it can and it will surpass.
296  Bitcoin / Bitcoin Discussion / Re: Schools Are Officially Accepting Bitcoin for Tuition on: July 14, 2018, 05:22:55 PM
This is great news, which once again proves that bitcoin is the future, now it remains to wait for confirmation etf
297  Bitcoin / Bitcoin Discussion / Re: DECENTRALIZED OR CENTRALIZED? on: July 11, 2018, 03:50:38 PM
bitcoin is decentralized yet, but if 51% of all bitcoins fall into one hand, it will automatically become centralized.
298  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Shall I buy BTC? on: July 10, 2018, 07:42:32 AM
I think at the moment, the most important bitkoyin, since if he falls all behind him falls but twice as much.
299  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should buy and hold NEO? on: July 09, 2018, 06:32:02 PM
I think that this is one of the most promising projects, which will cost more than $ 300
300  Alternate cryptocurrencies / Altcoin Discussion / Re: List of Best ICO to Invest? on: July 09, 2018, 06:25:09 PM
Hands down my favorite upcoming ICO right now is the NEX ICO. It has been building up the hype surrounding it for the past couple of months, but I think it will be well worth it.

I agree the project is good, but again there is no way to get there, because there is a big expectation.
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