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Showing 20 of 45 results by Rainbow-queen
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Board Bitcoin Discussion
Re: Why did you miss Bitcoin?
by
Rainbow-queen
on 21/08/2021, 07:58:20 UTC
In my opinion, having wealth too early is not necessarily a good thing for the growth of young people.

He is still young and misses wealth. Isn't it a kind of wealth?

Some people will regret the missed opportunity, but I think such an experience is an intangible asset for him. It is not money, but cognition that can really achieve the class transition.
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Board Bitcoin Discussion
Re: South African Man Loses $900,000 Worth Of BTC After Accidentally Deleting Keys
by
Rainbow-queen
on 21/08/2021, 07:33:27 UTC
He can find a "bounty hunter" in the digital currency industry to try his luck
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Board Bitcoin Discussion
Re: Does Bitcoin have copyright?
by
Rainbow-queen
on 19/08/2021, 09:16:00 UTC
Bitcoin itself is not copyrighted. You can do it. I think all the friends in the Forum will support you. Good luck  Grin
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Board Bitcoin Discussion
Re: Bitcoin ban, mission impossible
by
Rainbow-queen
on 19/08/2021, 09:11:31 UTC
There has been no prohibition for more than a decade, and it would be a good ‘wise’government to waste time trying to figure out how. What the government should be thinking about right now is coexistence, integration.
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Board Bitcoin Discussion
Re: Can Your Bitcoin Wallet Be Hacked? How Can You Secure It?
by
Rainbow-queen
on 18/08/2021, 09:40:45 UTC
As long as I do not authorize unknown software, the risk will be reduced.

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Board Bitcoin Discussion
Re: Bitcoin Youtube Scam?
by
Rainbow-queen
on 18/08/2021, 09:37:35 UTC
If you make money, will you have time to bring other strangers to make money? Anyway, I won't. At least I won’t advertise that I’m making money



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Topic
Board Beginners & Help
Re: 3 types of Newbies
by
Rainbow-queen
on 17/08/2021, 08:37:50 UTC
There are 3 types of Newbies here in forum.

2. Newbie in this forum but there's an experience on bitcoin for how many years- there are few Newbies here in forum that have already knowledge about bitcoin but they newly saw this Site. Thats why we have new member here in Forum share their Ideas and knowledge to us. But in the forum they are currently studying and familiarize what is forum all about.


I belong to the second kind of newbie. I learned about Bitcoin and traded for a while before I came to the forum to communicate.

The original purpose of coming to the forum was to learn more about Bitcoin, not just to trade it. This forum grew up with Bitcoin, so here I am. Fortunately, I met with the help of many enthusiastic veteran legends.
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Board Bitcoin Discussion
Re: Why did Satoshi Nakamoto name the first block of Bitcoin Genesis Block?
by
Rainbow-queen
on 17/08/2021, 08:20:38 UTC
In theory, the first block of every blockchain project can be called a creation block, the first block mined by Bitcoin is called a creation block, and the first block mined by Ethereum A block is also a genesis block.

Genesis-God used his own ability to create all things, and then he has the present world.

This is of course a mythical story, but later, people continued to use the concept of "Genesis" to describe an unprecedented pioneer.

Then, according to this logic, the meaning of the genesis block refers to the first block in history.
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Board Bitcoin Discussion
Re: Dark Web Drug Dealer Indicted for Laundering $137 Million in Bitcoin From Prison
by
Rainbow-queen
on 16/08/2021, 09:31:34 UTC
If there is no Bitcoin, can they stop them from doing these criminal things?
Bitcoin is just a means, not the cause of crime.
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Board Bitcoin Discussion
Re: Is there merit to a fixed supply increase rather than fixed supply cap?
by
Rainbow-queen
on 16/08/2021, 09:21:51 UTC
Most of the responses in this thread seem to boil down to "that's how it was from the start, so that's how it should be". I'm keen to understand why it was like this from the start. Did Satoshi (and other developers) not consider the impacts of lost coins and population growth? Did they feel that we should incentivise saving more than investment? Did they feel that the fixed 21m approach doesn't in fact incentivise saving more than investment? Has there been any meaningful discussion by the developers about the implications of the various options apart from "this is just the way it is"?

Someone said: "Although the supply of Bitcoin is constant, the population is growing. As more and more people start to join the buying ranks, the rigid money supply will lead to deflationary pressure."

This is the wrong idea of ​​not understanding the status quo. With the continuous improvement of the level of social and economic development and the level of education, the aging of the population will become more and more serious, which is caused by the decline in population growth. At present, some regions, especially developed countries, have seen negative population growth. In fact, our second-child policy was proposed in response to the slowdown in population growth. With the increase in the degree of industrialization in areas with the highest level of population growth (poor or underdeveloped), this downward pressure will continue.
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Topic
Board Beginners & Help
Re: HELP for MEW wallet on android
by
Rainbow-queen
on 14/08/2021, 06:53:18 UTC
I am sorry to tell you that if you have neither the private key nor the seed phrase, you will not be able to retrieve it.
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Board Bitcoin Discussion
Re: What factors can affect the value of Bitcoin?
by
Rainbow-queen
on 14/08/2021, 06:40:31 UTC
On the one hand, the value of Bitcoin comes from the resources and labor invested by objective people, such as computing power, applications, etc.; the value of Bitcoin also comes from people's subjective identification. At least there are already a group of people in the world who recognize the value of Bitcoin and are willing to pay their own price to obtain it, or simply invest in its world.
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Board Meta
Merits 3 from 1 user
Re: What do you think of the Bitcoin Discussion section? Does he need to change?
by
Rainbow-queen
on 13/08/2021, 11:00:42 UTC
⭐ Merited by kxwhalexk (3)
In the beginning, I would only be active in the  Bitcoin Discussion section. At first I only read, and then I tried to reply to the post, and now I can publish my own post.

I have a habit of not searching for old posts, but only looking at the latest replies that are displayed.
Recently, I found that the topic of the new forum posts is similar, but the title is different. Will they be locked? Decide by quality or by the order of publication?
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Topic
Board Bitcoin Discussion
Re: The ideology of Bitcoin
by
Rainbow-queen
on 13/08/2021, 10:35:04 UTC
So bitcoin will remain if there is demand that will push the price to go higher.
Does the price really need to go that high for it to remain?
I believe it's a talk of volume as the price is somewhat ok within the range of $40k to $60k. If the price rises so high above $100k, it might scare many who will think it's too late away.

The price rises as more and more people recognize it, and it will be higher in the future.In the future, satoshis will be used as the unit, so it seems that the price will be'not high'.

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Board Bitcoin Discussion
Re: Bitcoin are not by nature money, but money consists by its nature of bitcoin?
by
Rainbow-queen
on 13/08/2021, 09:32:19 UTC

5.Does Bitcoin have its intrinsic value? Except for the energy and equipment required for mining to give it a certain value, there is no value that ordinary people understand. Such as: a vase made of gold can be stored for a long time, so gold is very valuable.


If you want to discuss the intrinsic value of Bitcoin, check out BlackHatCoiner’s post,
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Board Beginners & Help
Re: When Decentralized in DeFi has a Single Point of Failure
by
Rainbow-queen
on 13/08/2021, 09:07:27 UTC
For me, the current fees for DeFi participation are expensive, and I hate risks. Perhaps it is a good choice to wait until the underlying technology is perfect and DeFi matures before participating.
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Board Beginners & Help
Re: Questions about lottery
by
Rainbow-queen
on 13/08/2021, 08:00:45 UTC
i know crypto lottery on pancakebunny, pancakeswap and moonpot by beefy you can check them out i tried moonpot its actually win win lottery sytem so you will not lose your money when your not the winner  Grin using chainlink vrf maybe this was fair enough

I played a lottery game on pancake, and the last trader was the winner. Without a doubt, I lost again.
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Board Bitcoin Discussion
Re: What is Bit Civilization?
by
Rainbow-queen
on 11/08/2021, 09:02:09 UTC
“Every civilization sees itself as the center of the world and writes its history as the central drama of human history.”

― Samuel P. Huntington, The Clash of Civilizations and the Remaking of World Order

We are in the era of Bitcoin, and perhaps it is not possible to conclude that Bitcoin has developed into a civilization.
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Board Beginners & Help
Re: Questions about lottery
by
Rainbow-queen
on 09/08/2021, 06:44:28 UTC
The winning numbers of traditional lottery tickets are generated by lottery machines. Whether it can truly guarantee the randomness has been questioned. If blockchain technology is used to make lottery tickets, can randomness be controlled?
Not exactly. Using blockchain will only provide transparency while the method that is used will remain the same as if blockchain weren't used and the randomness or better said the provably fair system is only fair if the used method was was fair.

For example the current existing method that gambling sites use for their lottery (usually using HMACSHA512 in combination with user and server seeds) could be translated to a smart contract but that wouldn't provide any additional security or anything like that. It could only automate things and possibly (if done right) make the lottery more decentralized.
You got the point. If I have merit, I will definitely give it to you. Even if blockchain technology is applied to gambling, the organizer still has the opportunity to fake it, right?
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Board Beginners & Help
Re: Introduce Bitcoin in one sentence
by
Rainbow-queen
on 09/08/2021, 01:40:45 UTC

 I can't help but say this,

Say what? You haven't actually said anything other than sharing a link to a very old thread.

If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
Didn't you see this sentence? What a classic sentence.
Don't you know this?