Gleb Gamow (OP)
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rajurathod18
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March 23, 2018, 12:51:00 PM Merited by Gleb Gamow (1) |
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EDIT: Great! We have one outta four six following the rules so far - QUOTE YOUR POST!!! I'm no longer following links. Sorry. <this announcement was originally penned here: https://bitcointalk.org/index.php?topic=3055943.msg31466554#msg31466554>The rules are simple. Quote in this thread what you believe is your best most current post on this forum, whereupon I, only, will judge if it warrants at least +1 sM. Others, feel free to follow my lead including your attempt having a quasi-snazzy thread title. Let's make maxing out BitcoinTalk's resources great again. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Ready? GO! Bruno PS: Don't blame me if others opt to also give you sM for your scintillating prose thanks to this thread. PSS: I might as well plug my sig while I'm at end, or visit https://bitcointalk.org/index.php?topic=2580003.msg31607131#msg31607131. Hello everyone my post is about diversification of cryptocurrency investment portfolio and why diversification is important. i have also mention my favorite cryptocurrency. Alternate cryptocurrencies / Speculation (Altcoins) / Diversify Your Cryptocurrency Portfolio - Altcoins for future on: March 14, 2018, 12:04:26 PM The experts generally agree that the future of cryptocurrencies is up in the air. It's still being written and we don't know where it will all go. Bitcoin may not be top dog forever. It would actually be quite surprising if it did! There are new innovations all the time and one of these innovations may render Bitcoin useless or irrelevant. To protect your investment it is advised to diversify across between 6 to 12 different cryptocurrencies. This way, if anything happens to Bitcoin you won't lose everything. Not only this, but it allows you to take advantage of some stellar returns on the newer, more speculative altcoins. As we all know Market is in the bearish trend now and its a awesome opportunity to diversify portfolio. If u are involved in cryptocurrency there are some undervalued altcoins which have good tech and future. following are my favorite cryptocurrency 1. Bitcoin Last year bitcoin crossed 19345$ on market and on of the most dominated cryptocurrency on CMC. Still there are massive number of people who don't know what cryptocurrencies are. When they do, the first they hear about is Bitcoin. If they were to invest, they would most likely invest in Bitcoin first and foremost. For this reason alone, I believe that Bitcoin is going to experience amazing growth in 2018. Current Price: $8751 USD 1 Year Prediction: $50,000 USD 2. Ethereum More than just a cryptocurrency, this is the premiere blockchain which processes Smart Contracts. Used extensively in ICOs. Has some issues, but there are very intelligent people working on solving them. Once people learn about Bitcoin, the next crypto they find out about is generally Ethereum. This alone will help prop up the price in 2018. Current Price: $657 USD 1 Year Prediction: $2500 USD 3. Litecoin This is one of the original Alt-Coins. I've been a huge fan of Litecoin since the early days. Let's compare it to Bitcoin. Litecoin is more innovative, faster and requires less electricity to mine compared to Bitcoin. Litecoin is designed to have four times as many coins as Bitcoin. It's much more practical as a medium of exchange than Bitcoin. It has been said that Litecoin is to Bitcoin as Silver is to Gold. It should probably be valued at at least 1/10th the price of Bitcoin but price doesn't always follow functionality. You have to take popularity into consideration too. Current Price: $300 USD 1 Year Prediction: $1000 USD 4. Monero This one is a solid alt-coin as well. The main point is that Monero is way more anonymous than Bitcoin. This will obviously appeal to a certain demographic. In the past year it has increased in value by over 15x. Current Price: $233 USD 1 Year Prediction: $850 US Which cryptocurrencies and new altcoins do you like to add to your portfolio in for 2018 and why?
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RivAngE
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March 23, 2018, 01:14:23 PM Merited by Gleb Gamow (1) |
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So I readed your 1st post and I didn't notice any rule about only 1 entry. Is it ok then if I submit a 2nd entry? I hope I'll get to Member rank within 2018 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Bellow I tried to clear what I believe is a confusing misconception to many people new to trading. Here's what I am seeing on coinmarketcap.com:
Crypto prices all going up and down in almost 'identical' patterns. Percentages of the top 100+ market cap coins that mirror each other and go up and down almost in unison.
To me, this tells me there is BIG money, possibly by one or a few whales in a lot of these tokens/coins. Their bots or traders put money into all or most of these coins at once, creating an illusion of a bull market return. For all of these coins/tokens to go up on so many tokens, in unison, and then go back down in unison, is pretty obvious what's happening.
Yes, the market is driven on news and emotion, but look closer - these patterns of up and down prices on coinmarketcap.com and Coinbase are following each other too tightly to be just news driven.
Plus, there are 'Pump and dump' groups pumping a lot of coins, then dumping for profit.
Please allow me to point a misconception that exists about "identical" patterns. If you're viewing the crypto prices against fiat currency (EUR/USD etc) then there's a technical reason why almost everything is going either up or down every day. Since the price of every coin is relative to the price of BTC (the altcoins are translated to an xamount of BTC, which is then translated to fiat), even if the 99% of the market doesn't move and only BTC increase by 10%, then coinmarketcap will show a 10% increase of every altcoin. e.g.: ETH = 0.064 BTC BTC = 7400€ so 1ETH = 470€ If no one trades ETH for 1 day and BTC goes to 14800€, then ETH will still equal 0.064 BTC, but 1ETH = 0.064BTC = 940€ (it doubled as well) TL;DR, If you want a clearer view of altcoin's movement, check their price against BTC.
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deevan
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March 23, 2018, 03:32:23 PM Merited by Gleb Gamow (1) |
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Please, can you check this my recent post how to secure your 24words key phrase? I will give you some different idea to store your 24 words seeds step by step. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 1. Take any English dictionary, for example, online Oxford Dictionary, note down its (Author name, Date of publication) I'll tell you why at the end. 2. Now you have your 24 words seeds phrase for your nano ledger, for example, it can be like below (1st.cat, 2nd.light, 3rd.bag, 4th.candle 5th...........................................24th. orange) 3. Since all seeds phrase of your Nano S will exist in the Dictionary so what you have to do now is find on which page no. of online dictionary the words are listed for example the 1st-word cat is listed on page no. 7, the 2nd-word light is on page no. 9, the 3rd-word bag is listed on page 12, the 4th-word candle is listed on page 17, & so on for all words, till 24th-word orange is listed on page 34, note down all the page no. & highlight the words till 24th word in a dictionary & save it. 4. For example, your result will be like (7,9,12,17,...............34) 5. Now the numbers & dictionary will act as a private key if you want you may throw away your card on which 24 words you have noted down. Now no one knows what is your strategy for keeping safe your Nano S keywords, so you can just store above nos on your computer, on mobile or anywhere if some steal it they can't understand what is the meaning of these nos. Only you and only you know what is the meaning & which Dictionary you have used to encrypt it in this case i.e Oxford Dictionary. If you accidentally delete that online Dictionary, no worries you can also find it online, I told you above to note the Author name & date of publication so it will be easy for you which version of Dictionary you have used to encrypt your seeds. Okay, one more thing if you accidentally deleted the dictionary with highlighted keywords from your PC or your window fails, & you have the numbers but now how will you know what was the word you marked even if you know the page no. of the word. In this case when you are noting down the page no. also note down the line no. & place no. of that word against each page no. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Ultimately your result will be like below. Page no. Line no. Word Place no.7 eg. 5 eg. 2 9 eg. 14 eg. 6 12 eg. 2 eg. 4 17 eg. 16 eg. 1 . . . . . . . . . . . . 34 eg. 1 eg. 7
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Daboy_Lyle
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March 24, 2018, 05:53:31 AM Merited by Gleb Gamow (1) |
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Question #9: A bitcoin transaction with 6 confirmations is usually considered to be secure. Why is it so?
Answer
With one confirmation you are vulnerable to the 51% attack. There could also be a miner with a lot of hashing power who could get a couple blocks in a row, so three confirmations removes most of them.
With six confirmations it is essentially mathematically impossible for an attacker with less than 51% of all mining capacity to get six blocks in a row. and still surpass the longest block chain. With 51% or a lot more than 51% the attacker can get six confirmations by creating a parallel blockchain in which only transactions approved by the attacker get included in blocks.
Therefore 6 confirmations are needed to prevent the attack from attacker.
Although this question could have been answered better, this the best that has been posted thus far. Enjoy the merit. With that said, I think the question is a bit dated now. Not many exchanges require 6 confirmations these days, and theoretically, it’s almost impossible with the amount of hashing power spread across miners for the possibility of a 51% attack to be conducted successfully. One hasn’t happened yet, and it’s theoretically improbable. But that doesn’t mean that you should ever, I repeat ever, treat an unconfirmed transaction the way you would one with a couple confirmations. Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.After a transaction is broadcast to the Bitcoin network, it may be included in a block that is published to the network. When that happens it is said that the transaction has been mined at a depth of 1 block. With each subsequent block that is found, the number of blocks deep is increased by one. To be secure against double spending, a transaction should not be considered as confirmed until it is a certain number of blocks deep.Note that unconfirmed transactions do not expire. Just wait until the transaction be confirmed. For my experience 10 minutes is enough for the transaction to be confirmed. My answer about bitcoin transaction with 6 confirmations.
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coinlocket$
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March 24, 2018, 04:52:29 PM |
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steve_rogers
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March 24, 2018, 09:33:27 PM Merited by Gleb Gamow (1) |
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Positive attitude of bitcoin I was thinking about current situation. Couple days ago there were news that binance is under the pressure, and their CEO immediately told that they would open an office in Malta. And blockstream immediately told that they have an office there As I understand, serious people from crypto-world, at thegoverment level with officials make laws for themselves. Miners, meanwhile, are sitting in Canada with their farms and somewhere else. It turns out that the entire bitcoin infrastructure is safe: devs can still code, investors still could invest, miningfarms are also under protection with a reliable guarantor. So technically now there are no critical threats for bitcoin.
But with bitcoin we have an interesting situation. Firstly, it was just digital currency, then it became "the store of value", and now it converts into programmable platform. Honestly, nobody will pay for beer or coffee with bitcoin, people are too greedy, and buy something big is still a problem, also because of high volatility. I cannot say that it won't work, but the time hasn't become for it, nevertheless there are already things like houses and cars that you can buy for bitcoin, but this position is till too weak. We have a couple really strong positions : corruption, black market, semi-legal schemes for taxes and guys that buy everything if it is in trend. I think it is pretty cool, but still not enough for full common life integration, cause crypto-hipsters don't have enough financial volumes, and illegal world has its own structure, that could increase the volume, but not to the moon.
And and seemed like there is no light at the end of tunnel, if bitcoin hasn't started to transform in programmable platform. Recently there was an announcement from FileBazaar And today the new word appeared LApps - applications on lightning. FileBazaar is the first one LApp - in couple of words, it is a platform for digital content, for which authors are paid in bitcoin via the lightning channels. And it is undeniably cool, because recently were invested 1.5m$ in lightning.And it is not a funny project like crypto-kittens. And as you understand, there are no tokens given in exchange for anyone or anything. Those, this is a really considered decision.
Bitcoin is almost completed technically, some issues are still remaining, but there is a much strong need in marketing, promoters and sales managers. We need to adapt it for common people, we need contracts for use, paying terminals, possibility to buy everyday products. In this way bitcoin cash has higher rates and possibilities. But today it seems to be almost impossible due to unpredictable laws, and inconvenient transactions. With value storage we also have problems, because different officials and event mass media can drop the bitcoin´s exchange rate, hamsters and dummy investors start panic sell. Centralized exchanges the only place where the rate is established - are under the pressure of whales and big corporations, the real liquidity of the market under big question. Hence we have problems with bitcoin´s usability, hamsters cannot continue provide the fuel for bitcoin, and other population of our planet is still too uneducated in cryptoworld a lot of people still think that it is a kind of pyramid or soap bubble), they cannot understand it and sometimes even hate it. And the new breath of bitcoin is a wonderful way around all these problems - the programmable platform does not let developers to go down (their investment is invaluable), at the same time, as we noted above, at the levels of closed meetings with the heads of some countries, new economic zones are opened for the further work of firms. Devs have something to work on , companies still receive their benefits, conservative investors can invest in real propety, miners are in safe position also. It could be real the second breath of cryptocurrencies , and much stronger, binance at the state level reveals an economic zone with the size of the country. Lets see what will be on Malta in next couple of years.
Let's not forget that bad guys can also help survive the cryptocurrencies. After all, this is a great way to "launder money", from illegal sources, which sinful high officials of all heads of state. So I would not be afraid of special sanctions, because there is someone to resist and fight. And if you say that bitcoin is not so anonymous, then there are still anonymous altcoins, and if there will be a strong need, there will be guys who will sponsor completely anonymous protocols that can be defeated only by disabling the Internet.
All in all I think that lightning with proper marketing can give the second breath for bitcoin. What´s your opinion guys?
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March 24, 2018, 11:45:39 PM |
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![Grin](https://bitcointalk.org/Smileys/default/grin.gif) SO FAR REPORTED 200 ACCOUNTs FOR ABUSING BUONTY ALT, MERIT TRADE, ico bumping noone has red trust ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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slankoi
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March 25, 2018, 01:31:22 PM Merited by Gleb Gamow (1) |
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Hello, Gleb. I will be very glad if you have a look at my posts below if they deserve some merit. Thank you.
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Gleb Gamow (OP)
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March 26, 2018, 02:45:52 AM |
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EzBreezy
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March 26, 2018, 03:05:51 AM Last edit: March 26, 2018, 03:16:09 AM by EzBreezy Merited by Gleb Gamow (1) |
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I have some here. will the bitcoin disappear after 5-6 years?
No one can predict the adequate time when bitcoin last. Bitcoin will run until the last satoshi be mined. Yes because the supply of bitcoin isn't infinite nor it is limited. The problem is the bitcoins volatility. Do you think bitcoin will loss immediately? I think no because when the supply is becoming smaller the way to get bitcoin is becoming harder. Some one says that jr members can also give merits for quality posts but i do not have any smerits is that's true?
Yes it is possible if the Jr.Member has an sendable merits. If you have been merited 1 you will have 0.5 sMerits in short if you have 2 Merits you have 1 sMerit. Some one says that jr members can also give merits for quality posts but i do not have any smerits is that's true?
I still do not really understand how to get merit Just be creative on making post because that's the way how you can get merit. Make your post useful and meaningful. Used correct terms on posting to avoid being a shit poster.
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intoy_victor
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March 26, 2018, 05:07:59 AM Merited by Gleb Gamow (1) |
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I wonder what happen if the government will find a way to make btc rendered up to the goverment system. Imagine the possible events of btc after being controlled by the government. This is somehow i guess the possibility that will likely to happen in the near future. As it is like more on it is happening now especially here in the Philiplines as we the people embracing the btc system. As the Philippine government notices it, the government now are trying to make a study out of the btc system and it will be a matter of time that the government will decide and interfere in the system. the question is what could be the result if the government will interefere in the btc system herr in the philippines? what could be the possibilities to happen with btc system here in the philippines?
If government take over the control of bitcoin maybe it will be stricter than now. And also they could manipulate the price of bitcoin. Also maybe the government implement there country or Philippines that bitcoin will be there salary someday. Bitcoin will help the Philippines to improve there economy and also bitcoin could reduce the poverty in Philippines.
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knight20
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March 26, 2018, 05:11:29 AM Merited by Gleb Gamow (1) |
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I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this
Any kind of or what you want to improve is usually they say is study first and focus on what you want to improve then practice it. It's just like on trading, if you want to improve try to canvas first for some sites or trading sites that has a low fee and easily to trade. More over if you have doubt in trading try a little first then if you see your improvement start to trade bigger and bigger funds. I want some too😁
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allahabadi
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March 26, 2018, 06:52:02 AM Merited by Gleb Gamow (1) |
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Here it is... 1. Buddy .Just now the party had begin.It had long way to go on.It may reach till the 11,000$ and more than that.It's just the estimation based on the previous price chart and market.I think this may continue till this month end.After this April,we can expect the price will reach back to 15,000$.To get profit from raise,you need to hold the bitcoin.
I have a slightly different take on this post-April Bull run theory, in many countries, April is the time for new economic season and it usually pumps fresh money in the market. BTC and cryptos can be a good investment opportunity for many who have yet to begin trading. 2. How many of you have used Bitcoin for more than just a simple payment mechanism?
I barely use it as a payment mechanism. -snip- What you just described is actually a form of payment mechanism too, albeit involving overseas or cross-border transfers. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) P.S. Also I have invested in BTC as a speculative investment too, although many people find that it belittles the original concept.
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steve_rogers
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March 26, 2018, 10:57:30 AM Merited by Gleb Gamow (1) |
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My recent that correlates with our new token giveaway ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Hey crypto-buddies, I decided to create checklist for scam ICO´s
100% profitability - Guaranteed yield: any funds, ICO projects and investment platforms, that promise a stable interest are likely to be scammers. These are, as a rule, projects of cloud mining, casinos and projects related to binary options, as well as those where the sale of tokens is carried out according to the principles of net marketing: existing investors attract new ones. And, of course, the pyramids, in which old customers receive payments from the contributions of new customers, until the pyramid bursts ...
Celebrities: musicians, athletes, actors who can not know anything about the blockchain and the cryptowrold, and even more to be the guarantors of the fact that this is not a scam, seems exactly the opposite.. Celebrities are used to distract investors from the essence of the project, which is most likely dummy.
Team analysis - It is suspicious that a project team can not be found in social networks or when team members are not connected with each other.
Unintelligible concept - to check the concept you need to study white paper – document, where described the idea of the project and the purpose of raising money. In 90% of cases, scammers compile several documents, and the originals can be easily found in the Internet.
Structure of project costs - If 10% of the investments are reserved for team, 10% will require development, and for marketing will go 80%, then this is a guarantee of the scam. It is also strange if there is no plan for future "monetization" of the project, also a bad signal if there is noticed a lack of investors protection.
Token description - If it has less than two-three functions and it can be replaced by any other altcoin or bitcoin, then this is another bad signal.If the token is not integrated into the project economy, then probably its purpose is simply collecting money. While choosing a coin, you must first think about its use - who and why will buy and use this coin. The second - about the problems that this coin solves. If it does not have these signs - do not invest.
Project Code - It should be uploaded on GitHub and a simple research in the Internet can check the code for plagiat. If the project does not have a link to GitHub or topics on the Bitcointalk, it's a reason to think twice.
Legal structure - should be described in details and easily understandable (at least about the persons issuing tokens)
Investor´s rights -The rights of investors and their guarantees should be described.
The issue of tokens should be within reasonable limits and controlled
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timoshani
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March 26, 2018, 11:43:37 AM Last edit: March 26, 2018, 12:09:38 PM by timoshani |
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Quote from: timoshani on March 18, 2018, 08:41:51 AM Briefly about merit - his reality and an opportunity (my thoughts)!
The issue system of the merit receiving on the idea is good, such as initially Nakamoto thought of bitcoin. But unfortunately it isn't in the such fact, I think so. First, future writing of content doesn't guarantee diligence from author will be in hundred percentage applications and consequently also his quality Therefore flood in a branch will remain. Secondly,so far the order of distribution the merits, doesn't allow to exclude completely multiaccounts and its tranzactions from the account on the account. And the third point,it will be as a question. Many new users of bitcointalk are engaged not the first year in crypto currency and have, thoughts which can be discussed on the parity rights with experienced users of a forum. But the rank of a their profiles doesn't allow this. Though the person even earlier, than many could create him? But in general the system of merit honours will be working. May be later we will see a some changes in it. Having looked at activity of the user and the maintenance of posts, perhaps somehow it will be transformed by sMerit. I hope that the pursuit for merit won't become a main objective of writing of posts, and will remain the purpose of receiving useful information about the world of cryptocurrency!
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1993jochico
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March 26, 2018, 12:58:53 PM |
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I just want to know if I can join here again, if yes this is my entry but if not its okay just to spread awareness. I just post the link because this is too long I hope its fine to you. Thanks Gleb https://bitcointalk.org/index.php?topic=3182306.0
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EzBreezy
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March 26, 2018, 01:33:39 PM Merited by Gleb Gamow (1) |
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I was wondering if I can join again. But what does that decentralized technology really do To infer what the intrinsic value of bitcoin I haven't been able to do it maybe somebody else can.
Can bitcoin change our world?I want to learn from your opinion.
Bitcoin cannot change the world but it can improve the world. Chnaging the world is not easy bitcoin will only improve the world or it will only helps our generation to change the world. Bitcoin is only a thing that helps our generation to improve this world. I believe bitcoin will change the world as we know it. It will revolutionize buying and selling and making transactions as we already know. there is so much potential when it comes to bitcoin.
Yes everybody believes in bitcoin to change the world. Of course, maybe I think I already changed it. Many people have already changed with the advent of bitcoin. The level of the digital economy has grown several times.
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