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Showing 20 of 28 results by Dne work
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Board Bitcoin Discussion
Re: The Identity of Satoshi Nakamoto
by
Dne work
on 11/06/2018, 18:09:54 UTC
Satoshi Nakamoto is a name everyone knows today. The creator of bitcoin, a mystery man. Surely no one knows what language Nakamoto speaks from childhood in Japanese or English. The age of the founder of bitcoin is also unknown. The information about this person for eight years painstakingly collected by researchers. But none of them managed to bring the basic facts from the biography of Nakamoto.

In 2009 in a cryptographic mailing list by Satoshi Nakamoto. Satoshi left the project at the end of 2010 without telling much about him. Bitcoin community is growing rapidly as many developers are working on Bitcoin.
Satoshi's anonymity often leads to false concerns, mostly related to a misunderstanding of the nature of open source-based Bitcoins. BItcoin protocols and software are publicly published and developers from around the world can review the code or make their own modified version of Bitcoin software. As with current developers, Satoshi's influence is limited to some of the changes he created and adopted by other developers, and he does not control Bitcoin. Thus, finding the identity of the inventor of Bitcoin is now just like finding the identity of the inventor of the newspaper.
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Board Economics
Re: Why people are still buying BTC?
by
Dne work
on 11/06/2018, 17:45:52 UTC
I think there are many reasons why people still buy bitcoin. one may be because people are more likely to increase the value of bitcoin so once they invest in it they can easily grow their investment and think that it is easier for them to live up to their lifestyle

Only a fraction of all the bitcoins that have been issued today are sold in the exchange market. The Bitcoin market is competitive, meaning bitcoin prices will rise or fall depending on demand and supply. Moreover, the new bitcoin will continue to be published in the coming decades. Therefore even the most ambitious buyers will not be able to buy all the bitcoins that are present today. However, this situation does not indicate that the market is not vulnerable to price manipulation; still does not require a lot of money to move the market price up or down, so so far Bitcoin is still classified as a volatile asset.
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Board Speculation
Re: Bitcoin value
by
Dne work
on 11/06/2018, 17:38:10 UTC
Yes everything has value because people agree so. The same applies to fiat. In reality, fiat is just a piece of paper and we all agree that it has value. The only difference between fiat and Bitcoin as well. People can use tokens to transfer values globally, because tokens have a perceived value that is determined by supply and demand on the open market.

Bitcoin has value because it is as valuable as money. Bitcoin has properties of money based on mathematical formulas rather than based on physical form or belief on the center. The value of bitcoin comes only from people who are willing to accept it as a means of payment.
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Board Bitcoin Discussion
Re: Anticipation from the future ?
by
Dne work
on 11/06/2018, 00:03:08 UTC
This is a positive impact for them as anticipation in the future. Hopefully manifest what you expect so that will menberi countries that forbid and think again to join together in order to provide something useful for citizens who invest in this network. Cool

It seems there are some countries that forbid there is also just set it.
Apart from all that, Bitcoin's future depends on its users who if people are interested in Bitcoin then automatically Bitcoin will always be a trend.
But I doubt the possibility in this world. Some will try to ban it, and others will arrange it according to their wishes and desires. I think we should not be negative at all. Even if we find ourselves in a country where bitcoin is banned, free and move to another country or use a VPN, we will always find a way to be active in bitcoin networks. Whatever the government does, they can not stop us using bitcoin, they can not ban it all over the world.
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Board Bitcoin Discussion
Re: What's your attitude to this?
by
Dne work
on 05/06/2018, 19:45:21 UTC
This kind of situation will definitely exist in an environment where competition is the order of the day. The bitcoin community sees itself as the leader who offers the best opportunities with lower risk while the altcoin community sees itself as offering a more sophisticated coin. The truth is bitcoin is less risky but may not offer you as mush gain as altcoin, so the choice is yours. Rivalry will not stop.

I think it's normal in our society that there are good and bad sides in the special story, especially in bitcoin that is already far enough in its journey that we can not miss the fact that there will be someone who will make or oppose bitcoin so it will go down. That is why for now it is up to the good guys they continue bitcoin or transfer to another altcoin. Many people also have a positive attitude about bitcoin. So it is with me, and I really admire the blockchain technology. I hope you also continue to trust bitcoin and use it in the future. I am very happy with bitcoin and will talk about bitcoin with people around and advise them to use bitcoin as well.
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Board Speculation
Re: Do you have an expectation of bitcoin recovery from fallen?
by
Dne work
on 05/06/2018, 19:20:00 UTC
yes, anything can happen in life so i hope bitcoin could magically regain its strength, too!

I believe that bitcoin will recover from that downturn, and it will grow even higher. Nothing falls here, it is not the fall of bitcoin from its standard normality value, this is what makes bitcoin the most appealing technology because nothing loses, resurrection and fall will benefit us all here. Because I saw at last year's inverst peak so amazing that I was so confident that bitcoin would return to normal again.
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Board Bitcoin Discussion
Re: What will happen with Bitcoin if it never scales?
by
Dne work
on 31/05/2018, 20:48:25 UTC
And what awaits then the mass owner of Bitcoin coins, if they all expect a Rainbow future for their capital. This does not affect the price of Bitcoin in the coming years?

If I think Bitcoin is likely to be stagnant. And finally a new Bitcoin will be born who will have problems and this remains (as well as many others like Pow), and dying then will eventually die. I personally think I'm more curious as to why no one has implemented instant payments in altcoin. I heard that Dash would do something like that but the people here quickly disprove my suspicions. Litecoin also wanted it, but Wu and the company seem to have stopped this process as well.
 Bitcoin will be jammed at some point at some price point, it will not rise but and still fluctuate around that circle in my opinion. For the current price, Bitcoin will still have a large movement, a steady increase every month / year but people can not use it like we use fiat money if not measurable.
Perhaps someday another unmeasured cryptocurrency will surpass the Bitcoin price and market capitalization in general.
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Board Bitcoin Discussion
Re: CHILD PORNOGRAPHY IN BITCOIN
by
Dne work
on 31/05/2018, 20:23:39 UTC
Child pornography in any form should be banned, including to those individuals that use bitcoin as a tool to promote this. This is totally unacceptable and should be stopped.


I agree, any criminal offender can use any currency, not just bitcoin and crypto. Most of them often even use usd and fiat money because it may seem easy for them to handle and start faster transactions for their clients. However, bitcoin has recently been accepted on most porn sites and apart from credit cards and I think it's much easier for them to use than to give cards that expose their true identity.
  And it depends on the person's person and how they will use the money / currency. So it's not a full btc or cyrptos error. Even cyrptos exists or not, such crimes will still exist.
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Board Bitcoin Discussion
Re: Again Ban, but now from Twitter
by
Dne work
on 31/05/2018, 05:24:36 UTC
Are you sure with that sir? Because I see some advertisement of crypto in twitter and I hope no more website or company will ban cryptocurrency. Because if it's continue banning crypto the price of the altcoins will decrease because some people sell their coins and other who are interested will not invest..

Their main reason is to stay away from fraud.
This is actually great for everyone. After this ban will strengthen the trust on sites that promote ico or crypto. On the one hand it is helpful for us to believe that everything is legitimate. People do not have to look at it negatively and do not panic. There are many solutions on the web. New advertising systems and methods will help us,
Everything has a demand will very quickly have solutions and new things come to support it. All restrictions using crypto are a money move to protect traditional banks while if they really use all of Altcoin's to ban only fraudulent and obscure items, this will actually do audience advertising and buyer service ads.
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Board Bitcoin Discussion
Re: The Legend of Satoshi Nakamato, FINAL STEP PUBLISHED.... 4.87 BTC GRAND PRIZE!
by
Dne work
on 30/05/2018, 19:41:04 UTC
i just found this thread
so this still not getting solved yet and still continue?

I have tried using brainwallet to sign messages but I also get flawed, so maybe the problem is not with the opposing party and it is on the LTC site.
Most likely a Counterparty problem, try pressing the alert key several times without changing the message, each time it is a different signature. Finally successfully complete the process but use some BTC
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Board Bitcoin Discussion
Re: Is Bitcoin a Ponzi scheme?
by
Dne work
on 30/05/2018, 19:25:14 UTC
of course not bitcoin is a digital currency that only belongs to itself no ponzi element, if you say ponzi seems you are affected by some mining and some investment projects or doubling the bitcoin that most today use ponzi scheme.

Of course you are right.
The Ponzi scheme is an investment scheme that pays investor profits from payments to other investors. not from business profits. It's like a money game where investors do not really invest their funds in real binsis. of course it goes against the nature of bitcoin. Bitcoin is transparent. bitcoin is a digital asset that can be redeemed in common currency such as USD, Euro, etc. Just as Gold can be exchanged for money as well. All bitcoin transactions can be tracked through blockchain. Bitcoin is a Digital Asset, not a ponzi scheme and not a fraud.
At first, let me clarify that Bitcoin itself is not a scam, but how Bitcoin is sold is a scam. More about that below.
To get started, it's important to understand what Bitcoin really is. It will be easy to get bored with discussions about technology, about peer-to-peer servers and sophisticated algorithms. However, retail investors who accumulate into crypto currency, especially those that have absolutely no real purpose or product of work, make the whole market a bubble-like phenomenon, where users will then take the heaviest losses.
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Topic
Board Economics
Re: Monthly average USD/bitcoin price & trend
by
Dne work
on 30/05/2018, 19:03:32 UTC
Bitcoin may not necessarily have a traditional single S-curve hockey stick, because there are a number of completely different markets it competes for that could achieve critical mass over completely independent timeframes.

I will only try to explain to you that the logistics model does not apply to the market of speculation, but applies to the adoption of bona fide technology (eg radio adoption, TV, car, cell phone, etc. Instead of speculative markets, an exponential price followed by the fall of the waterfall.
 The exponential increase in the market of speculation always has a waterfall collision. Can you find a counter example? For example, look at the history of Cisco and Microsoft stock prices. There is something that everyone should use on the internet, the router, but you see the exponential rise and fall of the waterfall.
 Do not configure the general crypto-currency application with speculation that Bitcoin is perfect. Because replacing the existing 100-year financial system with a new model for the community requires a lot of analysis. It's not as simple as the real benefits of TV or mobile phone. It seems that the aggregate result for Bitcoin is dystopian so it is unlikely to be stable. And as a mathematician you must apply and understand well that irrelevant models if the wrong ones are still applied.
 I do not think we'll see a waterfall collapse like in Bitcoin (at least not one that does not recover the trend) soon.
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Board Bitcoin Discussion
Re: Bitcoin's Dystopian Future
by
Dne work
on 30/05/2018, 18:18:07 UTC
Nice write up, but i think the whole "if you can't beat em, join em" mentality will overtake the general population at the tipping point, and political associations to money will dissolve.
[/quote

I kind of agree with this mentality, but there is more involved than disagreeing with quality & price. As advances in technology and technology advances, old ways of doing things are useless and getting left behind. In our case, decentralized money keeps the government's money out of date. Now we can save money, without losing profits from a stable and non-liquid currency.
  Like many respondents here and I have greater confidence in human nature to give a good and correct response to what might happen. But if the European experiment we just saw revealed telling us anything, you can not have a single monetary system without a single government. I see the transition as a monumental challenge, and will require visionary leaders to take a counter-intuitive leap of faith in the future.
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Board Bitcoin Discussion
Re: Samsung has now entered the cryptocurrency world
by
Dne work
on 29/05/2018, 20:45:53 UTC
This is good news because the world's Samsung companies are planning to use cryptocurrency, the advantages and sophistication of cryptocurrency will certainly make everyone think that the future of the transaction system will soon adopt cryptocurrency, hopefully more companies will follow Samsung.

I see it positive because other companies will soon join this. Now only Batmain is supplying ASIC chip mining rigs. All are aware of price shocks with the purchase of this machine.
It should be noted that Samsung has produced productive memory chips for video card graphics processors, which will be used not only to display graphics on the computer, but also for crypto currency. This platform is designed specifically for one purpose - mining. This is their difference from multifunctional and multitasking processors, which are used in conventional computers and smartphones. With good news like this it will make Bitcoin increasingly popular and trusted in the eyes of the world. Since Samsung is a well-known technology company in the world, it will simplify Bitcoin into trust in transactions and be used in any activity to facilitate a person.
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Board Bitcoin Discussion
Re: I did it! Traveling with Bitcoin and $100 only
by
Dne work
on 28/05/2018, 22:25:54 UTC
What a great journey. Saved $305 from credit card fees and Fiat exchanges is fantastic. Thanks for share your experience. But still confuse on how you found the way to doing that.

Probably can not try it right now because I still do not have enough bitcoin to travel to some country with bitcoin. are you serious with 1.9 bitcoin? even I still have not one bitcoin intact. even i thought i would be hard to find a local bitcoin. You've spent your bitcoin in a great way by using it to travel to two countries. I think it's a good story and should be published to a crypto news website like cointelegraph.com so others can see how Bitcoin can really be used outside of the investment instrument. Perhaps others who will read this will travel the same and actually documenting and posting it on social media so that it can be seen by millions of other bitcoin fans.
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Board Bitcoin Discussion
Re: Can FUD destroy bitcoin?
by
Dne work
on 27/05/2018, 19:17:27 UTC
yes of course bitsa, with the FUD that makes the new traders panicked so many will sell at a cheap price because it is too panic that makes the price of bitcoin to collapse and destroyed. preferably for the old traders can take advantage of these moments to be able to benefit.

There are many FUDs circulating about Bitcoin seem to be reducing trust for users against Bitcoin, so bad perception will come against Bitcoin, especially for new users and selling bitcoin. And I do not think that the FUD wave will destroy Bitcoin, because Bitcoin has grown so large that there is a strong force of people who have profound belief in technology and we stand with it regardless of market conditions. There are many speculators who sell Bitcoin when the price goes down but that is only temporary and really has nothing to do with the presence of Bitcoin especially in the long run.
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Board Bitcoin Discussion
Re: Positive News about Bitcoin
by
Dne work
on 25/05/2018, 16:57:01 UTC
This is the top online job in the world, where bitcoin history has many users using bitcoin to earn extra income and good salary. Bitcoin is also accepted by all people for bill payment and easy to get cash without an atm card that just follow the steps. Cool

Wow cool. This is a remarkable effort you have done and it is very interesting to wait what will happen before the end of 2018. I believe positive thinking on each side but I also form a question back in my mind if bitcoin will reach 50 thousand the dollar before the end of 2018 could be a huge achievement because what happens now does not look like what Bitcoin's positive predictions positions. I hope it will happen for the good of all. And this is good news for the hunters and investors of the world. The more positive news will be the better for Bitcoin price growth, but we also have to be wary of negative news that always wants to drop Bitcoin.
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Board Bitcoin Discussion
Re: Should government consider bitcoin as a legal global currency?
by
Dne work
on 25/05/2018, 16:07:46 UTC
Here, we come back with a different governmental mindset. If the government dared to take the risks that exist in bitcoin as it could have disrupted the economy I'm sure the government will legalize bitcoin.

I think the government should consider the presence of Bitcoin as a global and legal currency. Due to the fact that Bitcoin is widespread throughout the world and can be used almost everyone. If in every government to do the form of legalization to Bitcoin as it is currently done by the country of Japan. I can not imagine what the price will be for bitcoin, because if every country does a legalized form of Bitcoin, of course this is the gap where every investor in the world, and will go in and invest in Bitcoin. If everyone uses Bitcoin then they have to pay taxes to the government. And this reason can lead many governments to avoid Bitcoin as a global and legal currency.
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Board Economics
Re: You only need 1 good year for Bitcoin to be a good investment
by
Dne work
on 24/05/2018, 18:47:00 UTC
for btcs to prove that they are good investments, they can be searched or researched over coinmarketcap.com about the past records of btcs

Do not complain and keep waiting for good luck. As you said we need a year or more to get a good profit from bitcoin investment because usually the price is in downward trend at the beginning of the year and prices skyrocket on the other end so it means we need at least a year. But many people are invested in bitcoin at the wrong time when the price is already high. And chances are people will buy bitcoin for a year more than 80%, and in this January many people expect bitcoin prices to exceed 50K or even 100K. I am careful about that, but when the investment is risky, I hope the price can stabilize above 10K this year.
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Board Bitcoin Discussion
Re: What do you mean when you say Bitcoin is number 1
by
Dne work
on 24/05/2018, 18:34:04 UTC
Bitcoin is number one crypto currency in the world and not only that its market value is higher than any other crypto currency in the crypto currency market, Bitcoin is equally the only market mover in the crypto currency market when you compared to other crypto currency.

If in my opinion, Bitcoin is number 1 in terms of Store of Value. Every service is in money transfer, Convenience, Security, Investment and others because all of these things are in Bitcoin. We all know that bitcoin is most popular when it comes in investment. Surely everyone will pick the most popular cryptocurrency so bitcoin becomes number 1.
I also say it's because the bitcoin market is on top. Since most of the transaction traffic is always made with trading, and much of Bitcoin's spending is really through Bitpay or any other proxy, which is very bad for Bitcoin adoption. There is still plenty of time for new things like Lightning Network before adopting real sellers to start around the world, and there are other factors such as volatility and legalization that prevent cryptocurrency from being used as a medium of exchange. Rather it will launch their own real scalability solution, Bitcoin will probably be number one here as well.