After it reaches it max supply It will most probably be worthless. As it cannot accept micro-transactions anymore and this will cause many people lose interest in it. I see the price going down and the chain turning off.
I assume you are trolling. If not, then I suggest you read more and post less.
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The benefit of a fee is very simple. It prevents spam. If there is no cost to making a transaction, then anyone can fill up all the blocks at no cost and at the exclusion of other transactions. When people compete for space in a block by paying a fee then then only the important transactions tend to end up in the block chain.
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... even the organizer of bitcoin stated ...
I'm curious who you think the "organizer of bitcoin" is.
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Consider that 100's of thousands of person sign up at Coinbase every day, and all of these people need hand-holding because they have no idea what they are doing. There is no way that any company can handle that load successfully.
Bitfinex did the right thing by halting new accounts. They lose potential customers, but at least they don't go broke trying to support them.
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... This smells really really bad to me ...
It is probably a scam. Don't let him send them any more money. It is clearly a scam. Scammers get all the money and investors get worthless coins.
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When people say that cryptocurrencies will replace banks, they are talking about the aspects of storage and transfer of money. Banks will still lend money, whether it is fiat or crypto.
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I have been with Genesis mining since April. Does anyone else feel like they have been slowly reducing payouts?
Is that because the difficulty has risen, or do you mean something else?
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the only thing left is for LN to be adopted more.
LN is still vaporware. It has to be implemented before it can be adopted.
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LN will be fast, but it is not clear that it will be reliable or cheap. The complexity, availability, and reliability of the connection might make it difficult to make a transaction. It is possible that opening and closing a channel could be very expensive.
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An explanation of terms might help clear things up for you.
A "wallet" holds coins (well, not exactly).
Paxful is an "exchange". You trade bitcoins for dollars at Paxful. You can trade bitcoins for other coins at a different exchange.
You have an "account" at Paxful. You do not have a "wallet", even though people sometimes call it a wallet.
If you want to trade for other coins, simply set up an account at another exchange and send the bitcoins from your Paxful account to your account at the other exchange. Paxful may charge you a fee to send the bitcoins (because they have to pay a fee).
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I often get a message saying one of my posted has been deleted because they are off-topic or for some other reason.
I suggest that you stop making off-topic posts.
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It might happen when bitcoin users switch to the new Lightning network, but not before then.
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First, you must compare the amount of coins gained from mining to the amount you would have it you just bought the coins directly. Depending on your costs, it might be better to just buy the coins.
Second, it is very difficult to accurately predict your future results. When the difficulty rises (as it typically does), then you will mine fewer coins in the future, and the cost of electricity (in terms of the coin) will change depending on the exchange rate.
That is why it is not possible to give a definitive answer to anyone that asks if mining will be profitable for them. That calculator is not bad, though it doesn't compare mining to buying.
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One ought to apply what the basic rule is in any other financial transaction: everyone involved should reveal their identity
Sorry. That is not a "basic" rule. It is a tyrannical rule.
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Stable relative to fiat. As in no 70% drops or massive gain in value.
Obviously in this case the 'stable' coin would serve a more cash like role. Whilst the volatile one would be more akin to gold. High cost but not worth while for everyday transactions.
Isn't that already what USDT does? Yes, it is USDT. The downside is that there is no way to have a currency that tracks a fiat currency without a trusted third party, and even that has limits. No thanks.
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TL;DR: Trading advice from a newbie.
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This is probably a pump-and-dump scam. I would certainly not give them any money.
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So i join some airdrop and i want to transfer airdrop coins into 1 mew wallet.
Please help me where can i buy gas or can i transfer without Gas?
You don't buy gas. Ethereum's transaction fee system is complex. Either way, this is a bitcoin forum. You will probably get better answers to your Ethereum questions on an Ethereum forum, such as https://forum.ethereum.org/
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Hello there,
I am fairly new in the crypto world and had no idea about those internal transactions for ETH. So I transferred some ETH from Bitstamp to CE in order to buy some Elixir and never received the ETH.
Then I checked on etherscan.io and I saw that it is in internal transaction. So I emailed both exchanges, but so far no one answered (it was a few days ago).
I was wondering if my ETH were forever lost or if there was anything I could do ?
Thank you in advance for your help.
This is a bitcoin forum. You will probably get better answers to your Ethereum questions on an Ethereum forum, such as https://forum.ethereum.org/
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This is a bitcoin forum. You will probably get better answers to your Ethereum questions on an Ethereum forum, such as https://forum.ethereum.org/
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