This consensus algorithm is based on providing proof of storage space. Every node has to provide a valid proof of the capacity in order to submit a block to the network and claim reward. The algorithm makes it impossible for any node to generate capacity proof without having the corresponding storage size, and this proof can be verified by every node that participates in the consensus process. Block is accepted by the network only if both the block data and the proof of capacity are valid.
This new thing will not be enough to end the ongoing halving party of bitcoin markets. Even anything may not be having such power to end this as bitcoin is the pioneer which means people believe into it regardless of whatever technology or revolutions you will be bringing in. I am not saying these just for your new algorithm but there were similar innovations had been introduced here but none of them sustained against bitcoin's evolution. Probably governments' regulation or big corporate's negative sentiment nor anything will not have long term impact on bitcoin markets for sure. |
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$SC (Siacoin) :- can go up to 0.5$ old ATH 0.1$
$TRX (TRON) :- can go up to 0.5$ old ATH 0.2$
$KIN :- can go up to 0.1 $ old ATH 0.00122572 $
$Easy :- can go up to 150$ old ATH $31.36 $
$UNI :- can go up to 200$ old ATH 35.88$
Among this list, I'm holding only tron coin right now. I'm planning to invest with UNI but unable to get enough funds for it. Other than these two, I am not sure about other coins that you have mentioned. Anyway thanks for the list, I will look into other coins and will study about their future and then based on my research's outcome, I will decide accordingly. By the way, I like to look into wrx token which is very similar to bnb but having 10x more supply which means it may grow like binance coin but 10x lesser. Recently it was pumped from below 1000 satoshi to 9000 satoshi and right now trading around 6500 satoshi. |
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I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.
It means your government wants to you keep working regardless of your saving but you're going to use bitcoin to save you from that situation? Why not we assume that bitcoin was created for both the purposes of getting us rich as well as make us free? Because, the reason why bitcoin was created definitely perspective; it will look like how you are approaching it and based what are your needs. In my opinion bitcoin was created to get rid of all the hassles of our traditional banking like giving the power of banking back to the common people themselves. But to make it popular, it was designed in a way which will be helping us to be richer but that is only in short-term property of bitcoin or we can assume them it like a temporary characteristic. |
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According to TradingView, Aramco’s Saudi is worth about $ 7 trillion, or $ 1.86 trillion at the time of writing.
7 trillion in Saudi Riyal? (also Saudi's Aramco) If we do believe the stats surprisingly 20 million coins are lost forever. (in BTC only)] ( but that also serves dual purpose , they are more like HODL situation here )
So far only 18.6 million bitcoin has been mined out.
$2 trillion is really good, it shows how much we are progressing. I used to think that Apple was worth around $1 trillion until I saw this post and decided to check it on Google and now I come to know they worth up to $2 trillion and that’s really huge.But I believe the cryptocurrency market will be passing that worth in a short time. Then we will start looking at each cryptocurrency, which would be the first to reach the trillion mark, I know for sure that it’s going to be Bitcoin. As for altcoins I don’t know which one is going to cross that mark first, although there is more possibility that it will be Ethereum. |
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Question: could automobile corporations more effectively harness the collective resource of a population by decentralizing their development, maintenance and production models away from centralized monolithic models. To be more inclusive of local communities. Producing products designed to be open source hackable and moddable.
For analogies sake, if tesla has 1 thousand engineers in a centralized format. Could gains be made by decentralizing and opening select portions of their development process to millions of engineers, tinkerers and hackers around the world.
Is there anyone who would like to own a car or truck designed from the ground up to be open sourced. To make it as easy as possible to mod, hack, modify, repair without needing a certified professional. Don't forget movie franchises like the Fast and Furious arose out of the modding car scene. I don't know if there is a market for it today. But there definitely is a long history of hot rodding and modding with cars/vehicles which could be relevent.
Or are there perhaps significant flaws or shortcomings to open sourcing automobile technology which I am failing to acknowledge?
I doubt whether it being decentralized will be a better option or just remaining centralized. But, I do think that in a situation where there is a warranty for that car, it’s best that there are just some set of professionals that are left to handle it in cases where there breakdowns and things like that, cause that way the company will be sure that no one is really tampering with it in any other way that it would result to an extra costs for them and stuff’s like that. But in a situation where there is now warranty of such, then anyone can be free to work on the vehicle. This is what I think, there are always two sides to a coin, we should always consider the two sides before making a decision that we think is the best. |
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If there're a projects were complicated or hard to understand what is the real purpose of it or use of those projects, then thos projects are probably not going farther, and the reason why many people say those projects are mostly scam because usually those projects doesn't reach its goal and that's the main reason many people got disappointed on that kinds of projects.
I think that's not a problem in the crypto world. It could be as complicated as it gets and we will still understand it. There are way too many people who would be willing to actually end up understanding and helping other people on this subject. That's why I think there is no need for worrying, just let it be. That's why people are not worried, because there are others who are fine with these things and that means everyone can create a project that is super complicated and eventually there will be at least one (probably a lot more) person that will understand it and explain it to people easily so that everyone can understand, as long as we have those people, there is no coin that would make it too complicated that nobody would understand, that's going to be tough because there are very smart people in the crypto world and they would understand. |
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I do not agree that bitcoin is "nowhere near over" for the logic of price. Sure we will increase, and sure we will do fine but just like realmalatesta said we are not going to see 6000x type of increase, that would be silly and we would be basically at a marketcap that is bigger than all of stock markets combined, that's just silly to expect something like that.
We are already at a very high level and on top of that you are expecting it to go higher "that" much? I think it may do another 10x or so but that's about it, and that is why I do not see it going super high at any time soon. Not saying that it can't break over a million dollars for example but even if it can achieve that it is not the same thing. That is why I agree that bustabit is the best ever investment anyone can make, at least our bitcoins are not sitting around waiting for something else to happen.
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If you mean trade and also study what's going on in crypto market, then its best possible combination. whatever we do we will always have to obtain knowledge if we are to succeed in the thing we are doing. it is not possible to do any business and be successful without our knowledge of the business, so I think that anyone should know that it is not possible to trade or invest in cryptocurrencies without having knowledge of cryptocurrency trade and investment. I'll give you an example: if someone doesn’t know that when the bitcoin price starts to go up the price of altcoins a lot in relation to bitcoin starts to fall that person will lose money if they buy altcoin, but they will lose in relation to bitcoin getting less bitcoin, but they may have more dollar are things we have to know Knowledge but also patience as well. I have a friend who turned very tiny amounts into millions of dollars but he did that in 3 years, he was patient and he was wise so he used his wisdom and combined that with waiting and he became super rich. How? He bought a coin when he felt like it was undervalued, he bought more if it dropped and when it went up, he sold 25% of the profit first, and then 25% more and so forth until he had his initial investment level money in there, but all of his investment back out and he invested into something else. This way he had a lot of coins invested that he owned but he didn't technically had any of his initial capital in anything because basically as soon as project did 2x he got out his investment. Now he has millions of dollars because he was capable of waiting for all of them, since he didn't had any of his initial capital in, price of projects could become zero all he cares, hence he was capable of waiting for years before they went up. |
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It has the 20th biggest marketcap at coinmarketcap. It has the name recognition and publicity too. Right now moving tethers from Binance by using the Tron chain is the cheapest option. That alone brings huge real world usage to that chain. So it is probably a good idea to own some Tron.
Very well mentioned and because it has zero transaction fees it is very popular among gamblers, small traders and anyone who wants to transact smaller amounts but wishes to have faster confirmations despite paying no fees. Quite incredible. The only problem in my opinion, is the lack of projects being made on the TRC-20 chain which concerns me because projects moved to BNB chain after ETH was crowded but they hardly shifted to TRC-20. |
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What are your thoughts about Zcash? Do you think it is an underestimated cryptocurrency? Does it have a chance against other privacy-related cryptocurrencies on the market? Will it go higher in price or stale? Your input will be greatly appreciated. Thanks in advance.  ZCash is a good cryptocurrency, but comparing it to Bitcoin is a no-no, because that coin is not going to match up to the level of Bitcoin, they two are entirely different since ZCashdoesn’t have the level of investors we have in Bitcoin. As for being undervalued, I can’t say about that for sure, I think it’s at the value it’s supposed to be, and if you check the both market cap, they are totally different, Bitcoin far up and is giving a huge gap to the other market cap. Good thing about ZCash is the privacy feature , but people hardly use it. |
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Ethereum is much more promising than Bitcoin with it's smart-contracts. HODL Ethereum not Bitcoin, when the disaster comes, Bitcoin won't survive.
I am surprised to see you say this at times when the ETH is facing so many problems. I don't understand how during a disaster Bitcoin would not survive but Ethereum will survive. If you don't beleave in the future of cryptocurrencies, just want to earn some paper money, then HODL Ethereum or speculate with top altcoins with high liquidity and volatility.
I don't know but I feel like you are shilling hard for altcoins which is not wrong given the popularity but actually if you see the market cap of all the altcoins, combine them together they will not get close to the market cap alone that bitcoins carries. You might want to visit here once to know what I am saying: https://coinmarketcap.com/If there are signs of a coin being dead, it is certainly not bitcoin, it might be any other coin even Ethereum facing so many problems might become dead but I don't see why bitcoin would ever die. |
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Most of us will recommend you to buy big coins like btc eth and e.t.c.
But the one thing you must know is in the end that is your investment and you need to do your own research.
If you're looking coins who giving you profit(like dividen) maybe you need to buy coins which can stacking / node.
Yeah, I think all of those things are already known and dude is still not investing so if someone is not investing even after all of this, he may never invest, or there is some other major thing needed to make him invest. Is it very profitable? It is, but doesn't he already know that? Bitcoin was 10k just few months ago in October or September, it is around 60k right now, if you bought bitcoin a year ago you would have about 10x as well, that is the amount you profit from crypto and its public knowledge, yet he didn't invested in it anyway so he knows it and still doesn't get in. Blockchains security is already known, it is impossible to hack into someone's wallet, so why not keep your money safe? Basically everything there is known and he still doesn't get in which leads to third point, good future. Maybe he doesn't believe in the good future bit? Who knows? But it is obvious that bitcoin has proven itself to be awesome. |
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$1500? $1400? Surely at some point you guys will want to get out until things settle down, right? Thanks.
All these are because of breaking the strongest resistance levels around 2000 dollars, which was the level that we have never seen before in ETH ever, not in 2017 peak times not last year, not anytime. We are talking about nearly 15x increase in the past 1 year, that is really not normal when you consider that ethereum was second highest coin and we have managed to actually make a 15x increase in the second biggest one. Why is it more shocking when it is second highest coin? Because in order to be the second biggest coin you need to actually have some sort of huge price anyway, and if you are already super high and second that means it should be a lot harder for you to increase as well, and when you are that big and still go 15x that is normally unheard of specially when we are talking about 200+ billion dollars market cap. If ETH goes up another 5x that would mean it would break over bitcoin as well, not that I think it will happen but even being this close means a lot. |
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My rating for sports betting sites would be as follows.
1- Stake 4.5/5: Excellent odds for most events and even partnered with UFC so lots of promos along with good odds. Have the best support I have ever seen and provide good bonuses weekly and monthly. The only reason it is not a perfect 5/5 is because they don't give free bets like some others.
2- Sportsbet.io 4/5: Excellent site with free bets and odds boost but the reason I deducted 1 point is because they sometimes they lack in terms of promotions and there is no forum or anything to interact with others and hence no forum promotions, although love the recent addition of chat.
3- Bitsler 1/5: They asked me for KYC after I deposited money and denied withdrawal if I was not going to verify myself holding documents and selfies and all, I just cannot approve this kind of behavior honestly.
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Officially we haven't touch $60k yet, as high as $59,400 though.
And yes for obvious reasons we will see two outcome, either we go to higher after $60k or see a huge dump again to $53k. Was hoping for the former though, and hope that $60k or higher, the price will be sustainable and then go to $70k next month.
Yes it is very much possible to reach $70k in next month. Though it is really tough to predict crypto currency price but we are seeing a great move of bitcoin. I hope bitcoin will touch $100k in this year. The weird thing is, we are higher in price right now than any moment before March, so we should all be in profit except just a few people, I do not get people who do not really have enough money to cover this kind of loss if they are just starting new, obviously anyone with a grain of mind would not go all-in right at the peak price, sure you may want to buy but at least buy it with money you can afford to lose plus have some cash aside to get in even more if it falls, why go all in when the price is at all time high? That is why I do not think that many people are losing money, they are just losing profit. And making this much noise over lost profit makes no sense to me. In any case lets just focus on whats going on and if this is just a correction or a crash, price peaked at 62k and dropped to 50k and reached to 59k recently, so maybe its like that? |
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Why does a lot of people connect every news they see on the price movement of Bitcoin when it is honestly all about the market cycle for it. Bitcoin obviously has been in a bull run for a long time now and the price corrections we are seeing are mostly about profit taking, but instead of accepting that fact a lot of people will just connect everything just to make sense on a simple thing like this one. It is possible that there is a shift in market demand but the OP is reaching with his speculations without any proof that their capital is transferred to either gold or the stock market. I guess we have been influenced by the crypto media websites too much that we connect everything we see on the price movement of Bitcoin.
Yeah, we are already not doing that bad, we have seen over 59k again today for example, this is just a correction and I do not get people who end up with a fear during even the smallest of corrections. We had this literally just a month ago, literally only two month ago, and we dropped from 40k to 30k and everyone was scared like it was a huge deal, that was about a 25% or so drop, and now we moved from 60k to 45k which was another 25% fall, that is literally a correction, what else are you expecting. After that first one in January we moved higher, now after this one we are moving higher as well, there is really nothing that shocking here neither, because corrections always happens and there is nothing you can do about it. Obviously we will need to not panic and just focus on the recovery, buy when its low so you can profit, but drops will happen and we can't stop it. |
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there is a nation out there with a scarcity of job and people scavenging for what they can do to earn a living
I won't list any country but the data is out there, My question is can crypto trading be an alternative?
If there can be a proper training program and mentorship do you think a trader can make earning with crypto trading
If you trade can you say this from experience or you will say no?
The idea your nation could support it and actually help the improvement on crypto would mean that people could benefit from it and even more. Create jobs? That would be a bit of a challenge but it could create some, I mean think of a nation that recognizes bitcoin as money and never charges any tax from it, even helps companies that work in crypto space in such a way that not only they do tax cuts they actually give them money to grow, so obviously there would be a lot of global level of companies in that nation that hires thousands of people combined. However that's not enough, nations have millions of unemployed people, hence we need something bigger. In that sense I think the best way bitcoin could help would be support it so that people could go freelance and charge money to other nations for remote work and get paid in crypto and government should be fine with it. |
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People who try to compare two coins prices are doing the wrong thing. Even if you are all-in for Dot that doesn't mean that you should want Dot to kill ethereum, that is not good for the market and never really helped anyone in the long run. If you know what you are talking about you would want ethereum to be high, as high as possible, so that Dot would be high as well, and you could make a profit.
So, even if you spent all your money into buying DOT, there is no reason why you should want ethereum to fall, those two things are not correlated, you do not end up being higher just because something is lower, in fact just the opposite DOT goes up when ETH goes up and DOT drops when ETH drops. Which means as a DOT holder you should want all of the other coins to go up as well, eth, bnb, ltc, doesn't matter which coin all should go up so that we could profit all together.
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It is neither to tell which is more lucrative and which one is not. Only we can tell that if we all tried them both but the question is are we good at them?
It has if the different situation and I know that nobody has the ability to keep them both running at the same time but probably, we have to choose which one we are preferred and confident of doing. Because if you choose one of them, you are also to confirm that this was more lucrative than the other.
Surely gambling is more lucrative but not everything that is more lucrative is better. Gambling and trading are two very different prospects because while one focuses on earning money (trading) the other is meant for fun and spending money (gambling) and if you are comparing them as money-making sources, then surely gambling is not fun for you which is disastrous in the loing term. Speaking of lucrative, the fact is that gambling is attracting. Gambling is more profitable so it is interesting. Although it is risky. The higher the profit, the higher the risk. It depends on fate. Whether work is done or not, fate determines everything here. On the other hand, the profit in trading is sometimes high, sometimes low, or sometimes loss. However, the risk is low. You have to be active in trading as physically as mentally. Above all, I am highlighting the risk from lucrative.
Gambling is not more profitable, it is just more dynamic and explosive. It is similar to saying that crypto trading is more profitable as compared to stock market. It is not true because crypto trading is just more volatile doesn't mean it is more profitable. Gambling at 5 odds cannot be called more profitable as compared to gambling on 1.01 odds because with the higher profit, there comes the extra risk and higher chances of loss too. |
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is there someone holding bitcoin from early 2010 when the price is around 0.01 and still not selling today? just wondering?
I haven’t seen anyone that owns Bitcoin since 2010 that is here in the forum and most of them that I know have even quit from it after they were able to secure a good amount of profit, and I just don’t understand why they decide to quit. Anyway, it can be possible that there can be people who invested in Bitcoin since then that are still around and maybe they are still holding it or they might have sold it this time around since the market went really big at this time. Though most of the stories I have read about those who had it then and never withdrew is that they end up forgetting their passwords and that is how they lose their coins. |
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