A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".
To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.
Thinking of all that, would you still say Bitcoin is bad for the environment?
Then start finding or sourcing out an alternative source of electricity such as putting mining farm in an open field in which they can cater establishing a solar panel farm just to sustain their environmental source of electricity so that they will not have to use that much of their money paying for a large electricity bill to support the operating power for mining of Bitcoin. Also, there are already lots of sources that have already proven and tested in which I think thry can already afford to purchase for the reason that it is also for their own sake.
This question is especially for those who have been into crypto for a long time. How did cryptocurrency help you, most specifically financially? Did you earn more? Gain more investment? I do have a friend who wants to get into crypto but he does not have a lot of savings in his bank account or any major investment. I told him to save more before getting into crypto because they still have mortgage and car loan to pay. Do you think crypto will help him out to?
Well, this is based on my experience, cryptocurrency have helped me a lot especially talking about financial assistance because through the use of it, I have already helped my family to sustain our daily needs in which I can also support my needs and wants in school for I was still studying and by the use of it, I am now up into earning my income even I am still into focus with my studies which is a great advantage because I do not already need to apply for a part time job which is practically speaking not suited to my schedule so by this type of work, K can manage my time in school without affecting my performance.
We're all aware of the risks of keeping our coins on online wallets and exchange wallets, but many of us still keep our coins on our own devices.
Are we keeping our devices secure? Its instinctual to not leave your fiat money wallet unattended in a public place but what about your bitcoin wallet? Are you leaving leaving the laptop you're writing your novel on the table at Starbucks when you go the bathroom? The laptop with your electrum wallet, your life savings.
Where does the line between paranoia and reasonable physical security meet?
That is why you as a holder and owner of your own crypto wallet must be responsible enough to take good care of your account to avoid intruders to access your account without notice because in the industry we are currently up now, many will be trying to stole whatever you have in your virtual wallet so the security of you account already relies on you so to be able to secure your own, be knowledgeable and responsible enough with your actions to take good care of your account.
I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.
I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.
The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.
Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year. What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.
I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
What do you guys think? All thots are appreciated!
Well, the rising of the economy on a daily basis is just a normal scenario to state the fact that ones economy is undergoing the process of progression in which it takes over all the necessities needed for their economy to continuously rise up which sustain their needs for a daily life basis. The rise of crypto have somehow a big effect on this type of scenario because it do directly affect the individual not totally the country where it belong for the reason that crypto exchanges and works are still not taxable by the government so all the income from it are fully enjoyed by the people who do crypto works.
Is this a good time for Facebook to try new kinds of stuff. Facebook owner Mark Zuckerberg has become the world's third richest man in the world and he has achieved all that just because of technology and a right idea, So do you guys think he will now at least think about experimenting to take bitcoin as a payment method in facebook. I think that will surely change a lot of people's mind around the world and they can freely put some money on facebook business.
Social media such as Facebook has already played a big part in our society affecting people's mind and the way they think about everything. Bitcoin also do the same thing in the world of currency that changes the way people see currency in a more innovative and digital way. If this two will take part of having certain connection with each other, it will surely be a big movement to happen which will push or let many people pursue to recognize the partnership of the two. But if that thing will happen that certain charges will be in use of Bitcoin, it will be hard for those people who belongs in certain countries to adjust because not all are accepting Bitcoin as well.
Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
Actually we are all contributing to the circulation and the sudden changes within Bitcoin price in the virtual market in which, we users are being one of the greatest factors on why the price changes added by the fact that there are certain reasons why people decides to buy or sell their assets on a high or a low price that makes and somehow or literally dictates why the price changes positively or negatively. What we just need to know that every single decision and movement we make, have a great contribution on the price movement of not just Bitcoin but also the other types of existing cryptocurrency.
I seen lots of people are panic and selling and spreading FUD . But based on my experience people who really dare to take risk only won here . Wise and daring investors are still searching for good potential coins to invest while its really cheap were greedy people are panic and spreading FUD Finally people who dare to invest bitcoin even when the price of 100$ they created fortune here . Its completely daring and vision not at aall luck . SO if you are having real vision and want to make milestone in life then be here in crypto and support other wise please quit .
Indeed. Many risk takers since then have verified and has been the proof of authentication that taking risks are sometimes or most of the times worthy especially talking about taking investments or engaging into cryptocurrency which is at the form of virtual currency. Despite of all odds and negative accusations, crypto is still making its way into the top rising its popularity and the price which makes people suddenly grow into rich young man because of taking the risk on engaging into this type of currency.
We have seen Bitcoin and people's economic changes in the country. Do you know how Bitcoin is changing the economy? Do people believe that economic changes are possible by Bitcoin? And what will be the impact of Bitcoin economics in the future?
Bitcoin in nowadays can change ones economic status of a certain country that can be either a positive or a negative manner. Changes are possible in terms of using Bitcoin but the change can just be dependable on how people behave, perceive and use Bitcoin effectively for a good thing or a bad thing because the result always relies on how they will be adapting the usage of Bitcoin to take an effect on changing the economic state of a certain country regarding its people using Bitcoin. The impact of Bitcoin the future can still be dependable on how people are using it nowadays because future is just a reflectiom of what we are currently doing right now.
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BoardGames and rounds
Re: [DAILY FREE RAFFLE]JUST BECAUSE I AM STILL IN A GOOD MOOD 25.0 LITE COIN
by
Oggy Pogi
on 25/05/2018, 13:52:01 UTC
I'll take d
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BoardGames and rounds
Re: [DAILY FREE RAFFLE]JUST BECAUSE I AM STILL IN A GOOD MOOD 23.0 RIPPLE COIN
by
Oggy Pogi
on 24/05/2018, 10:42:49 UTC
8 please
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BoardCollectibles
Re: [DAILY FREE RAFFLE]JUST BECAUSE I AM STILL IN A GOOD MOOD 18.0 RIPPLE COIN