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Showing 20 of 97 results by JoshuaBlack1
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Topic
Board Announcements (Altcoins)
iSmart Wire...Coming soon! <<<
by
JoshuaBlack1
on 06/06/2018, 14:23:20 UTC
Stay posted for progress updates on iSmart Wire. A next level payments platform that will combine the speed of traditional banking with all the benefits of Blockchain>>>
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Topic
Board Politics & Society
Re: John McAfee for 2020 President
by
JoshuaBlack1
on 05/06/2018, 12:34:32 UTC
I love following John McAfee on social media. He is very positive. If he stick to his words then he should make a great president. Donald trump being in power shows that anything is possible. What will the crypto world look like by the time John Mcafee is in power in 2020? BTC Even if John doesn’t get the presidency he will elevate cryptocurrency to new highs giving cryptocurrency a lot of media coverage in his election campaign. He is definitely one to watch out for in the next coming months/years. Onwards and upwards.
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Board Altcoin Discussion
Re: Which altcoins have potential to grow?
by
JoshuaBlack1
on 16/05/2018, 09:16:26 UTC
Ethereum in the short term future has a lot of potential especially with network updates.
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Topic
Board Bitcoin Discussion
Re: Does bitcoin pose a threat to banks?
by
JoshuaBlack1
on 12/05/2018, 17:31:51 UTC
I don’t think bitcoin threatens the banks, however it’s a threat to how they are operate. Blockchain and bitcoin have the power the change the industry dramatically over the next 10 years.
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Board Marketplace (Altcoins)
Re: Monero Now Available on Circle Invest Crypto App
by
JoshuaBlack1
on 09/05/2018, 06:24:03 UTC
please check your post, do you mean monero or montero coin? because in the title you call monero but in your post write montero, this can make confused read

https://www.ccn.com/monero-now-available-on-circle-invest-crypto-app/

No its monero I think, he must have auto spell check on or something

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Topic
Board Bitcoin Discussion
Re: Lightning Network - An attempt to take the fees from miners?
by
JoshuaBlack1
on 09/05/2018, 06:18:22 UTC
Does anyone else see the Lightning Network as a way for large BTC holders to become like banks and get the fees that were designed to go to the miners?  The layers sure sound like the intermediaries that Satoshi invented Bitcoin to thwart.  Long term, miners are needed to continue to secure the system and if there is no incentive or fees then it will be very easy for someone to 51%.

There are many layers or intermediary already in place, but this seems to be implemented by the core team itself.  This is what concerns me.

The more I think about it, this may be one of the reasons why large institutions and family offices are making very very large purchases of BTC.  I have had requests for 100k - 500k BTC from credible sources.

I do realize this competition of interests was built into the Bitcoin design.  Early adopters would have the advantage and miner reward diminishes.  This is when fees of the system are supposed to support mining.  If the core implements an automatic way for large BTC owners to essentially POS then it will be self defeating.  They may lower security for the entire system even though they may have good intentions.

There is also a regulatory issue. Why do you think ETH is dragging their feet on POS?  If the core team implements a system that provides a reward for payment channels they have now, most likely, pushed BTC into security terroritory.  And that is right where the Institutions would want it.  It would limit access. Thoughts?

Edit: this isn’t a plug for BCH.  I am just thinking long term about the viability of mining which is the backbone of Bitcoin.

I think without the updates the fees would have just killed off bitcoin. Especially when you are paying $60 dollars to send a dollar which is how bad it got at some points in summer. This is a very interesting perspective I have to admit. Wasn't satoshi original idea to have bitcoin as a means of payment though?
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Board Bitcoin Discussion
Re: Can Blockchain Survive Without Bitcoin
by
JoshuaBlack1
on 08/05/2018, 21:00:54 UTC
I cant see how thats possible. Actually its possible but you need some form of incentive to keep the integrity of the blockchain in tact and a currency seems to be that missing key. Its still the only formula humans have come up with thus far to secure a decentralised distributed system. If you don't mind that its centralised then most backs have a blockchain already of some sorts. In the fact they keep track of unspent transactions.
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Board Service Discussion (Altcoins)
Re: Top 5 of exchange platforms
by
JoshuaBlack1
on 08/05/2018, 20:56:53 UTC
Coinbase for security
Binance for good altcoins
Bitfinex for shorts
Huboi for when im feeling risky
AirSwap for their potential
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Topic
Board Bitcoin Discussion
Who are the most influential crypto voices to look out for?
by
JoshuaBlack1
on 08/05/2018, 20:54:58 UTC
So getting into cryptocurrency its obvious to see that there is an ocean of voices out there more than willing to offer you their opinion but who should I really be paying attention too?

Here is a list of people I have been listening very closely to. Please feel free to critique my choices and offer alternatives.

Olaf Carlson-wee
Charlie Lee
Bobby Lee
Max Keiser
Laura Shin
Vitalic Buterin
Teeka Tiwari
Andreas Antonopolos

Id love some other suggestions of people to listen too. Id like people who are too busy working to bother about public appearances. Im after the hidden gems because I already know most of the people I listen too are very mainstream.
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Topic
Board Bitcoin Discussion
Re: Bitcoin fees
by
JoshuaBlack1
on 07/05/2018, 15:54:17 UTC
How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know  perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Scaling solutions will drastically reduce transaction costs and times over time I reckon. Eth with Raiden and Plasma and bitcoin with Lightning network and schnoor signatures once fully implemented will go along way to making that famous aim of buying a cup of coffee possible. Once the price discovery age we are in subsides that is.
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Topic
Board Economics
Re: If You Hate Poverty, You Should Love Capitalism
by
JoshuaBlack1
on 07/05/2018, 15:51:03 UTC
This is a decent youtube clip emphasizing positive aspects of capitalism.

https://www.youtube.com/watch?v=_n6ivGgb9RY

More fuel for the discussion on capitalism fire.

The main point alleged here is: "world poverty has fallen by 80% since 1970".

They claim capitalism is the main driving force behind reduced levels of poverty over the past 5 or so decades, which in turn implies capitalism creates elevated living standards.



I think capitalism, true capitalism is the reason for the increase in living standards over the last 200 years but I would say that its important to make sure true capitalism is still being promoted today. I do think its the best system we have at the moment but I also think it can be improved. Its important to note that capitalism is an economic system where private owners control a countries trade and industry.

But what happens when these private owners get too much power? I think the advent of the internet throws in some curveballs because globalisation is now becoming very real. At what point does it become too centralised? I do think we are starting a shift into something other than capitalism. The name of it im not sure and what are the guarantees this trend of peoples living standards raising will continue, again im not sure this is guaranteed either.
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Board Altcoin Discussion
Is the Howie test relevant?
by
JoshuaBlack1
on 07/05/2018, 15:30:51 UTC
With the upcoming meeting of the SEC, there seems to be allot of talk that it will centre around ethereum. Again there is allot of talk that the news to come out will be positive for ETH. If this is the case does this mean the howie test is now irrelevant because from what I can gather ETH does tick all the boxes of a howie test security?
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Board Off-topic
Re: Healthy Diet
by
JoshuaBlack1
on 04/05/2018, 10:10:16 UTC
As far as healthy diet goes start small. Drink plenty of water, this will keep you full longer and stop you eating just because you're bored. Stick to the food pyramid and eat something from all food groups. Snacking isn't bad, but there's definitely better choices out there then just chips and candy. Just be smart about it

The food pyramid has bread pasta rice as one of the most important food sources though this is litteraly sugar. It was created post WW2 to feed the masses as cheaply as possible. It's actually scary that these diet myths are still being promoted, even by doctors. Who get zero nutritional education in medical school. The starting slow bit is true though
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Board Off-topic
Re: Healthy Diet
by
JoshuaBlack1
on 04/05/2018, 09:59:41 UTC
hey guys! I've been working out for at least 3 times a week but I need someone to recommend a healthy diet or routine.
I can't help myself eat snacks when I'm at work since they provide it.
Can you guys give me any tips, that would be so appreciated! Thanks

Try intermittent fasting in combination with a low carb approach. It will take some getting used to mind you as your body is probably adapted to getting a constant feed of carbs throughout the day. I'm not recommending the Keto diet but a lower carb approach was the missing link for me. Years and years of struggling to lower my body fat cutting out breads pasta rice fruit juices worked wonders for me. A word of warning, do not be religious about it! This is the quickest way to make you quit.
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Topic
Board Economics
Re: Making crypto succeed in the real world?
by
JoshuaBlack1
on 04/05/2018, 09:52:23 UTC
Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com


https://www.coindesk.com/lightning-nfc-new-plan-bring-bitcoin-retail/


I think this article touches on wider adoption and some potential methods we could use to get there. I think a standardised protocol would have to be introduced in order to reach the mainstream adoption we all want to see. I have no doubt these things will be developed. It's easy to get caught up in the bubble within cryptocurrency but we are still extremely early and allot of the infrastructure still hasn't been developed
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Topic
Board Bitcoin Discussion
Re: Bitcoin regulations in India ???
by
JoshuaBlack1
on 04/05/2018, 09:45:05 UTC
I am reading somewhere that Bitcoin and other crypto currencies illegal in India as per Indian central bank announcement. In some other place i am seeing  RBI advises caution on its use, bitcoin is not illegal in India. Which one is true ?? Any clarification about this?

If they have fully outlawed cryptocurrency beggars belief it seems like one of the countries that would benefit most from the quick border less transactions. Consider for a second the amount of Indians working abroad that send money home to family on a weekly monthly basis using money transmitters such as western union. The fees they are paying will be mind boggling. I can't see this ban lasting much longer if it is in fact banned
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Topic
Board Altcoin Discussion
Re: Goldman Sachs Is Planning to Began Cryptocurrency Trading Desk
by
JoshuaBlack1
on 03/05/2018, 11:37:53 UTC
I really don't know what these types of articles really serve for. If you read a bit into it, here is what it says:

Quote
The problem of purchasing and selling actual Bitcoins is that these Bitcoin can be stolen by hackers. This means any bank looking to promote the transactions to figure out how to guard such assets. This step is required to nod from regulators.

Source: https://coinpedia.org/news/goldman-sachs-planning-cryptocurrency-trading-desk/

Such claims really annoy me. As if their precious credit cards haven't been hacked many times before. Speaking about hacking, each time you make an online purchase with your credit card, your number and pin are being transmitted along with your private data. Unlike Bitcoin, where you keep your private key always safe by your side.

 I do agree that the contents of the article are suspect once reading into it. But how many people actually read into articles. We live in a very headline driven society at the moment and my guess is that that majority of people will only read headlines. We are in an environment where 99% of coverage is negative surrounding crypto so its quite nice to see some positive fake news every now and then instead of fake news bashing the industry. I do share your concern though but at least its not another negative headline.


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Topic
Board Off-topic
Fear Of Public Speaking
by
JoshuaBlack1
on 03/05/2018, 11:05:12 UTC
Hi everybody I would like to share some insights that really helped me get over or manage should I say my fear of public speaking. In my job speaking in public has become more and more important and to be quite frank, it scared the living daylights out of me.

There were a few techniques I learned and deployed that have been extremely beneficial.



1) Anxiety Management

"85% of people fear public speaking and the other 15% are lying"

Understanding that the anxious feeling you get is little more than your body telling you what your about to do is important. Try greeting your anxiety as soon as you start to notice it creeping in. No...actually greet your anxiety, sounds daft but it works.

"Hi anxiety, this is me feeling nervous, I'm about to do something of consequence"

Another technique I use for anxiety is re-framing the situation I see myself in as an opportunity and not a performance. There is no wrong way to do it. Look at it as a conversation: Start with questions
                                                                           Use conversational language
                                                                           Be in the present moment (reciting tong twisters before speaking in my fav)



2) Dare To Be Dull

"Aiming for perfection prevents perfection"

There is nothing wrong with wanting to do your best however in the case of public speaking putting yourself under too much pressure can lead to you thinking about what you are going to say next instead of what you are currently saying.

Your mind will get in your way, we are rational beings and its a skill developed over thousands of years! In the case of public speaking this takes you out of the moment. Try a game at home where you point at an object and call it a name other than what it is ie..pointing at a bottle of water and calling it a cat. Notice how you stockpile words or name things in themes (this is you getting in your own way and not being in the moment!)



3) Tell A Story

"Responding in a structured way increases processing fluency by 40%"

A good story has structure, a good story helps you understand what the author is thinking. If your aim is to help the people you are speaking to understand your thoughts, tell a story. Have structure. This technique helped me the most!

PROBLEM/OPPORTUNITY > SOLUTION > BENEFIT      or      WHAT > SO WHAT > NOW WHAT

These structure techniques help me formalise what I am about to say and in what order and it also helped people understand a hell of allot better!

This may not be for everyone but once I found out the about it really did have an impact of my confidence to speak in public. Having said that I still get that sick to your stomach feeling before going out but let me tell you that following these principles has really helped me manage the whole process. Id love to hear other peoples techniques below!

Thankyou

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Topic
Board Beginners & Help
Re: What happend 2140 all BTC are mined
by
JoshuaBlack1
on 03/05/2018, 10:38:57 UTC
What happens in 2140 when the last BTC was mined with the confirmations of the transactions in the blocks and thus with the block rewards. There should not be more BTC than Rewards, because 21 Mill BTC were gemined.
How are the transactions then confirmed?

Ye I can imagine it switching over to POS as an option but there is also an option to tip when a miner decides to mine a block. I can see this tipping implementation along with transaction fees as being sufficient enough to incentivise miners to secure the network
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Board Off-topic
Re: Give a man a fish or teach him how to fish
by
JoshuaBlack1
on 29/04/2018, 09:44:47 UTC
i couldn't agree more.
and the biggest problem is that all those other people on the internet (Youtube, Twitter, Telegram,...) that are giving advice on what to buy don't know what they are talking about themselves! they are always posting about the coins they want to get pumped. so metaphorically speaking they are giving you a rotten fish instead.

That is so true. By getting the low hanging fruit off social media you are more likely to be getting information that is rotten which compounds the danger to new investors.