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Showing 20 of 209 results by BillieCrypt
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Topic
Board Bitcoin Discussion
Re: Decentralized System Disadvantages
by
BillieCrypt
on 14/12/2018, 22:25:07 UTC
Decentralized systems with skillfully created architecture don’t work well with a small number of participants. If there are a large number of nodes and network participants, then the reliability of such systems only increases. Existing problems with Bitcoin are caused by its small distribution and the possibility of large players to carry out manipulations.
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Topic
Board Bitcoin Discussion
Re: Bitcoin network jammed?
by
BillieCrypt
on 14/12/2018, 22:16:43 UTC
The decrease in the bandwidth of the Bitcoin network in early December 2018 is most likely due to the shutdown of equipment by many miners due to a decrease in profit. This is a temporary phenomenon, because the complexity of mining Bitcoin adapts to the overall hashrate of the network and decreases over time. The transaction will not disappear anywhere, and sooner or later it will be included in the blockchain.
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Topic
Board Bitcoin Discussion
Re: Space mining-myth or reality?
by
BillieCrypt
on 14/12/2018, 21:06:17 UTC
Mining in space is a good semi-fantastic idea in the case of the start of the functioning of the settlements on the Moon or Mars. Solar panels will produce electricity for heaters in the form of supercomputers, which will mine coins during idle times.
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Topic
Board Bitcoin Discussion
Re: Is it Game Over for Bitcoin?
by
BillieCrypt
on 14/12/2018, 17:07:47 UTC
The game has already ended several times and started the same way again for bitcoin. Only the time intervals that it took to fall or take off differed, as well as the new heights that bitcoin had reached during its entire existence.
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Topic
Board Bitcoin Discussion
Re: Bitcoin mining is a PR problem that the project cannot escape?
by
BillieCrypt
on 13/12/2018, 21:14:28 UTC
Bitcoin mining doesn’t have a negative impact on the environment. Equipment manufacturers can harm nature when producing electronic components. Mining is the consumption of electricity, which if it is not used by miners, will simply disappear.
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Topic
Board Bitcoin Discussion
Re: What is the value of Bitcoin? What is bitcoin secured by?
by
BillieCrypt
on 13/12/2018, 20:56:52 UTC
I think that the main thing in cryptocurrencies, the main one of which is Bitcoin, is decentralization and the desire of people to get a real independent, reliable modern means of payment.
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Topic
Board Altcoin Discussion
Re: Will cyptocurrency never be great again as it was?
by
BillieCrypt
on 13/12/2018, 20:29:50 UTC
I am sure that cryptocurrencies will be even more developed and valued than they were at the end of 2017. This process is similar to what happened with the Internet - rapid growth and attraction of investments, then recession and stable growth to sizes much larger than it was at the dawn of its development and first rush.
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Topic
Board Altcoin Discussion
Re: ICO will have a huge impact
by
BillieCrypt
on 13/12/2018, 19:57:05 UTC
There would be no growth in the cryptocurrency rate in 2017 without ICO. Also, without a large amount of fraud in the ICO market, there would not be such a fall in the capitalization of the cryptocurrency market in 2018. When people become more aware of the scammers, and they will be punished for the deception, the market will stabilize and begin to grow again.
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Topic
Board Altcoin Discussion
Re: Ethereum is ICO king, Do you agree?
by
BillieCrypt
on 12/12/2018, 23:08:44 UTC
This is statistically valid data. More than 80-85% of all ICOs are carried out with tokens issued on Ethereum platform. This is a reliable blockchain platform, which is constantly evolving. Therefore, I believe in the future growth of Ether as a cryptocurrency.
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Topic
Board Altcoin Discussion
Re: Is it better to exchange your altcoins for dollars or btc?
by
BillieCrypt
on 12/12/2018, 22:57:20 UTC
It seems to me that bitcoins are more reliable coins for investments than most altcoins. Nevertheless, it is better to keep part of the funds in bitcoins, partly in dollars, as well as other reliable currencies and assets.
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Topic
Board Altcoin Discussion
Re: Do you still believe and invest in ICOs? Why?
by
BillieCrypt
on 12/12/2018, 22:47:04 UTC
ICO is only a way to raise funds for the development of any projects. Their reliability depends on the team that develops the project. ICO, as a tool for raising funds, will exist and develop - this is undoubtedly.
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Topic
Board Altcoin Discussion
Re: ETH or EOS? which coin will survive?
by
BillieCrypt
on 12/12/2018, 21:08:01 UTC
EOS project is very centralized, only holders of large amounts of EOS have a real opportunity to influence the development of the project. Despite successful ICO with more than 4 billion dollars raised, as well as statements by developers and mass media about the crushing victory of EOS over Ethereum, this has not happened yet.
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Topic
Board Altcoin Discussion
Re: Thinking about sell? Or invest more?
by
BillieCrypt
on 11/12/2018, 21:58:30 UTC
It seems to me that sooner or later the prices for basic cryptocurrencies will start to rise. Bitcoin, Ether, Monero and other coins that have a solid basis for growth will give huge profit. But no one knows when this growth begins. Probably, the winner will be the one who has the time and opportunity to wait for a new price increase.
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Topic
Board Altcoin Discussion
Re: How do you manage your risks?
by
BillieCrypt
on 11/12/2018, 21:30:46 UTC
After a series of unsuccessful orders, it seems to me that the main rule in short-term trading is to get only minimal profit from each transaction, without wanting to set a higher percentage. My trades are usually unsuccessful if orders are overpriced.
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Topic
Board Speculation (Altcoins)
Re: 2018 is the year of altcoins
by
BillieCrypt
on 11/12/2018, 19:48:01 UTC
I agree with you, most of the existing digital coins have no real value. Some of them were originally created as frauds, some are unsuccessful projects. The cryptocurrency market should be cleared of them.
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Topic
Board Altcoin Discussion
Re: Coin Acceptance.
by
BillieCrypt
on 11/12/2018, 19:13:12 UTC
There are many different coins, most of which have little real value. They cannot be exchanged not only for fiat money, but also for other cryptocurrencies. Most of the coins and tokens are likely to remain unadapted for widespread use.
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Board Service Discussion (Altcoins)
Re: Bounty Hunters being trapped
by
BillieCrypt
on 01/12/2018, 23:32:10 UTC
The dishonesty and postponement of bounty campaigns indicate problems with the development of the project. Therefore, it is worth exploring in more detail its perspectives, and perhaps abandoning support of unreliable team.
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Topic
Board Altcoin Discussion
Re: Will cyptocurrency never be great again as it was?
by
BillieCrypt
on 01/12/2018, 22:37:54 UTC
I’m sure that the best times for cryptocurrency have not yet come. In 2017, there was a peak of capitalization and cost of some cryptocurrencies, but their popularity was still very low. When cryptocurrencies will be increasingly used in the world, their price will increase significantly more.
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Topic
Board Mining (Altcoins)
Re: Is Bitcoin Dead? Bitcoin hashrate has first ever major drop-off ABC vs SV drama
by
BillieCrypt
on 30/11/2018, 22:06:22 UTC
The last drop in prices for most cryptocurrencies was largely due to the manipulations of those behind Bitcoin Cash. The negative impact of such hardforks is already the second time and indicates the low value of these coins, which are used for Bitcoin attacks and other manipulations.
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Topic
Board Mining (Altcoins)
Re: rx 550 hashrate ETH
by
BillieCrypt
on 30/11/2018, 00:01:31 UTC
For mining coins with the Ethash algorithm, the main thing is memory performance. GPU kernel gives a small gain of the hashrate, so if on the RX550 you have good memory, it is quite possible to reach 12 mh/s.