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Showing 20 of 135 results by alpesh102
I have read moderately on POW and read about the huge amount of energy required to earn each BTC. There are other ways to distribute new coins and I find it a bit concerning as to how few are suggested. The time of 120 years to mine the remaining 2.4 million Bitcoins is a bit absurd. Here is just one possible method.
Let’s say 10 years for the remainder. At 144 blocks per day that is 6,307,200 blocks in 10 years. Divide 2.4 million BTC by that many blocks to get about 0.38 BTC per block.
Create and maintain a list of all the bitcoin nodes that have been active for some period of time, maybe a year or some other time period. Node owners must have a certain amount of time invested before becoming eligible for payments.
As each block is completed, select one node, maybe at random, and the owner of the node gets 0.38 BTC. Take that node off the list to received block rewards for some period of time to allow for sharing the wealth.
After the last BTC has been distributed, profits are derived from the work needed to certify each block. Each of the, for example, first 32 nodes that are involved in the original certification of a block gets some percentage of the fees for that block. Maybe provide a sliding scale based upon the time the node has been active. Those on online for longer periods get a bit more. When a node receives a transaction fee, maybe take it off the distribution list for some period of time, share the wealth.
This is just a suggestion and can certainly be refined for fairness. Any thoughts?
Your suggestion presents an interesting concept for distributing new coins and involving active Bitcoin nodes. It addresses concerns regarding the energy consumption of Bitcoin mining and the time frame for mining the remaining coins. In summary, your suggestion offers an alternative perspective on the distribution of new coins and sheds light on the latest viewpoints within the cryptocurrency ecosystem.Let’s say 10 years for the remainder. At 144 blocks per day that is 6,307,200 blocks in 10 years. Divide 2.4 million BTC by that many blocks to get about 0.38 BTC per block.
Create and maintain a list of all the bitcoin nodes that have been active for some period of time, maybe a year or some other time period. Node owners must have a certain amount of time invested before becoming eligible for payments.
As each block is completed, select one node, maybe at random, and the owner of the node gets 0.38 BTC. Take that node off the list to received block rewards for some period of time to allow for sharing the wealth.
After the last BTC has been distributed, profits are derived from the work needed to certify each block. Each of the, for example, first 32 nodes that are involved in the original certification of a block gets some percentage of the fees for that block. Maybe provide a sliding scale based upon the time the node has been active. Those on online for longer periods get a bit more. When a node receives a transaction fee, maybe take it off the distribution list for some period of time, share the wealth.
This is just a suggestion and can certainly be refined for fairness. Any thoughts?
Finding a specific person on Instagram based on limited information such as name, birth date, region, and a photo would require conducting a detailed search using various social media platforms and public records. This task is best performed by individuals using dedicated search tools and techniques. It's important to respect privacy and ensure that any search or investigation is conducted within legal and ethical boundaries.
Some platforms allow you to earn Bitcoin by completing microjobs or freelance tasks. Websites like Bitwage and XBTFreelancer offer opportunities to work and get paid in Bitcoin. These platforms connect employers with freelancers and provide a means to earn Bitcoin for your services.
As we Indians are so fond of shitcoin projects. I went ahead did some research and found a meme coin project that might get 5x after the launch. I am talking about Wall Street Memes ($WSM).
I did went ahead and did some research and found this meme coin is brand new. The team behind it was able to raise more than $1.5 million. They raised that sum of amount in pre-sale. In just four hours they were able to get that kind of amount.
This project is backed by a reddit community that has been making fun of Wall Street for quite sometime now. I did check their website and found that you still can buy those tokens using either Ethereum blockchain or BSC blockchain.
What do you guys think?
It's important to exercise caution when investing in cryptocurrency projects, especially meme coins, as they can be highly volatile and carry significant risks. Meme coins, in particular, are often influenced by hype and speculation rather than fundamental value.I did went ahead and did some research and found this meme coin is brand new. The team behind it was able to raise more than $1.5 million. They raised that sum of amount in pre-sale. In just four hours they were able to get that kind of amount.
This project is backed by a reddit community that has been making fun of Wall Street for quite sometime now. I did check their website and found that you still can buy those tokens using either Ethereum blockchain or BSC blockchain.
What do you guys think?
Before investing in any project, it's crucial to conduct thorough research, including assessing the team behind it, the project's goals and roadmap, community support, and market conditions. It's also advisable to consult with a financial advisor who can provide personalized guidance based on your individual circumstances and risk tolerance.
Remember that cryptocurrency investments are subject to market fluctuations, regulatory changes, and potential scams. Only invest what you can afford to lose and make informed decisions based on reliable information.
When i came into the forum I found It a little difficult finding my way around and could barely relate or reply to some posts but I took it upon myself to learn the ethics and norms of forum and know what it's all about. And as time went by my journey here became easier even though I'm still under a learning process.
I've come to understand that the forum is not a competition and everyone here have a say so far you're not going against the rules guiding the forum. So rather than being discouraged by some negative replys from senior ranking members, let your mistakes serve as your motivation, do not give up and don't be in a haste to do unnecessary things that would get you banned.
One other thing that's motivated me is the posts from high ranking members, so sometimes instead of rushing to reply I take my time in going through the profile of these members to see their post and take note of those quality contents that got them merited by others, we learn everyday and I believe that's one of the reasons why satoshi created the forum, feel free to ask questions so as to learn because the more you remain ignorant about things in the forum the lesser you grow.
The ideology of this post is to motivate newbies that find it difficult moving forward, cause I believe the're people that fall under such Category, feel free to drop some words of encouragement for them.
To all the newbies out there, don't be discouraged by initial difficulties on the forum. Embrace your mistakes as opportunities to learn and grow. Take your time to understand the forum's ethics and norms. High-ranking members can serve as inspirations, so observe and learn from their quality posts. Don't hesitate to ask questions and seek guidance when needed. Stay committed, be patient, and remember that progress takes time.I've come to understand that the forum is not a competition and everyone here have a say so far you're not going against the rules guiding the forum. So rather than being discouraged by some negative replys from senior ranking members, let your mistakes serve as your motivation, do not give up and don't be in a haste to do unnecessary things that would get you banned.
One other thing that's motivated me is the posts from high ranking members, so sometimes instead of rushing to reply I take my time in going through the profile of these members to see their post and take note of those quality contents that got them merited by others, we learn everyday and I believe that's one of the reasons why satoshi created the forum, feel free to ask questions so as to learn because the more you remain ignorant about things in the forum the lesser you grow.
The ideology of this post is to motivate newbies that find it difficult moving forward, cause I believe the're people that fall under such Category, feel free to drop some words of encouragement for them.
When it comes to choosing a secure BTCitcoin wallet, there are a few factors to consider. Here are some popular options:
Hardware Wallets: Considered one of the most secure options, hardware wallets are physical devices designed specifically for storing cryptocurrencies offline. Examples include Ledger and Trezor wallets. These wallets offer robust security features and keep your private keys offline, protecting them from potential online threats.
Desktop Wallets: Desktop wallets are software applications that you install on your computer. They provide control over your private keys and offer a good balance between security and convenience. Some well-known desktop wallets are Electrum, Exodus, and Bitcoin Core. Ensure you download these wallets from the official sources to avoid scams or malicious software.
Mobile Wallets: Mobile wallets are apps installed on your smartphone, allowing you to manage your Bitcoin on the go. They provide convenience but are generally considered less secure than hardware or desktop wallets. Popular mobile wallets include Trust Wallet, Mycelium, and BRD.
Web Wallets: Web-based wallets, like the one you mentioned, such as Blockchain.info (now called Blockchain.com), offer the convenience of accessing your Bitcoin from any device with an internet connection. However, they come with additional security risks as your private keys are stored online. It's essential to choose a reputable and well-established web wallet and take necessary precautions, such as enabling two-factor authentication (2FA) and using a strong, unique password.
Regardless of the wallet type you choose, it's important to follow best security practices:
Ensure you download wallets from official sources and verify their authenticity.
Keep your software and devices up to date with the latest security patches.
Use strong, unique passwords and enable additional security features like two-factor authentication (2FA).
Backup your wallet's recovery phrase or private keys securely, preferably offline or on hardware storage.
Be cautious of phishing attempts, scams, and malicious websites.
Remember, no wallet is entirely risk-free, and it's crucial to stay vigilant and take necessary precautions to secure your Bitcoin. It's advisable to do further research, read user reviews, and consult with experienced Bitcoin users to make an informed decision based on your needs and security preferences.
Hardware Wallets: Considered one of the most secure options, hardware wallets are physical devices designed specifically for storing cryptocurrencies offline. Examples include Ledger and Trezor wallets. These wallets offer robust security features and keep your private keys offline, protecting them from potential online threats.
Desktop Wallets: Desktop wallets are software applications that you install on your computer. They provide control over your private keys and offer a good balance between security and convenience. Some well-known desktop wallets are Electrum, Exodus, and Bitcoin Core. Ensure you download these wallets from the official sources to avoid scams or malicious software.
Mobile Wallets: Mobile wallets are apps installed on your smartphone, allowing you to manage your Bitcoin on the go. They provide convenience but are generally considered less secure than hardware or desktop wallets. Popular mobile wallets include Trust Wallet, Mycelium, and BRD.
Web Wallets: Web-based wallets, like the one you mentioned, such as Blockchain.info (now called Blockchain.com), offer the convenience of accessing your Bitcoin from any device with an internet connection. However, they come with additional security risks as your private keys are stored online. It's essential to choose a reputable and well-established web wallet and take necessary precautions, such as enabling two-factor authentication (2FA) and using a strong, unique password.
Regardless of the wallet type you choose, it's important to follow best security practices:
Ensure you download wallets from official sources and verify their authenticity.
Keep your software and devices up to date with the latest security patches.
Use strong, unique passwords and enable additional security features like two-factor authentication (2FA).
Backup your wallet's recovery phrase or private keys securely, preferably offline or on hardware storage.
Be cautious of phishing attempts, scams, and malicious websites.
Remember, no wallet is entirely risk-free, and it's crucial to stay vigilant and take necessary precautions to secure your Bitcoin. It's advisable to do further research, read user reviews, and consult with experienced Bitcoin users to make an informed decision based on your needs and security preferences.
Re: Hi Im trader over 12 years of experince here is my goal
Im trader over 12 years of experince.
I like to challenge myself iwill use mainly moving average indicator.
My goal is to start with 7$ and in 15 days i'll turn this into 229376$
I'll post here results when i have done this my PNL from binance.
That's great to hear that you have over 12 years of trading experience and are looking to challenge yourself further. Utilizing the moving average indicator can be a valuable tool in your trading strategy.I like to challenge myself iwill use mainly moving average indicator.
My goal is to start with 7$ and in 15 days i'll turn this into 229376$
I'll post here results when i have done this my PNL from binance.
Setting goals is important, and aiming to turn $7 into 229,376$ within a 15-day timeframe is indeed ambitious. However, it's crucial to approach trading with a realistic mindset. Trading involves risks, and achieving such significant returns within a short period is highly challenging and not guaranteed.
It would be interesting to see your progress and results as you embark on this trading journey. Remember to manage your risks, implement proper risk management strategies, and continuously educate yourself about the market. Good luck with your trading endeavors, and please remember to exercise caution and make informed decisions based on thorough analysis.
Re: What Could Happen If the Bitcoin BlackRock ETF Approval Is Denied?
BlackRock has a 100% approval rate for their ETF applications. However, what would happen if the SEC rejects the approval for the Bitcoin BlackRock ETF? I believe it could potentially be the most significant attack on Bitcoin, impacting its value and overall standing. Monitoring regulatory decisions closely is crucial to understand their potential implications for the cryptocurrency market.
BlackRock has indeed achieved a high approval rate for its ETF applications. However, if the SEC were to reject the approval for the Bitcoin BlackRock ETF, it could have significant implications for Bitcoin. Such a decision could potentially impact Bitcoin's value and overall position in the market. Monitoring regulatory decisions closely is essential to assess the potential consequences for the cryptocurrency market. It is important to stay informed and analyze the impact of regulatory actions on cryptocurrencies like Bitcoin.Re: Be safe: READ THIS BEFORE TRADING/BUYING/USING YOUR MONEY
Stay informed about common scam techniques and be aware of the latest scams circulating. Knowledge will help you recognize red flags and avoid falling for fraudulent schemes.
If you encounter suspicious individuals or suspect fraudulent activity, report it to the appropriate authorities or the platform where the interaction took place. This can help protect others from potential scams.
Remember, the best defense against scammers is to stay informed, trust your instincts, and prioritize your own safety and security.
If you encounter suspicious individuals or suspect fraudulent activity, report it to the appropriate authorities or the platform where the interaction took place. This can help protect others from potential scams.
Remember, the best defense against scammers is to stay informed, trust your instincts, and prioritize your own safety and security.
मुझे इस परिचय पढ़ना चाहिए पता है क्या करते.
यह हिन्दी में विशुद्ध रूप से चर्चा करना चाहता है जो किसी के लिए एक धागा है.
बीटकोइन धागा - is ka kya matlab hai यह हिन्दी में विशुद्ध रूप से चर्चा करना चाहता है जो किसी के लिए एक धागा है.
Hello.
The market is too bad. But how long can this market be as good as before?
The cryptocurrency market is known for its volatility, and its performance can fluctuate over time. While the market may currently be experiencing a downturn or a challenging phase, it's important to remember that market conditions can change.The market is too bad. But how long can this market be as good as before?
Predicting the exact timeline for when the cryptocurrency market will regain its previous levels or improve significantly is challenging. The market's recovery depends on various factors such as market sentiment, regulatory developments, technological advancements, adoption rates, and global economic conditions.
Historically, the cryptocurrency market has shown resilience and the ability to recover from downturns. However, it's crucial to approach the market with caution and make informed investment decisions based on thorough research and analysis.
It is advisable to stay updated with the latest news, market trends, and developments in the cryptocurrency space. Keep an eye on factors that can impact the market positively, such as increased institutional adoption, positive regulatory developments, and advancements in blockchain technology.
is it profitable to mine in India considering the high temperature and electricity costs?
what is the minimum investment required and ROI ?
I am planning to mine Dogecoin and ethereum
Mining cryptocurrency in India can be profitable, but it is essential to consider factors like high temperature and electricity costs. The profitability of mining depends on various factors, including the efficiency of mining equipment, electricity rates, mining difficulty, and the price of the cryptocurrencies being mined.what is the minimum investment required and ROI ?
I am planning to mine Dogecoin and ethereum
Regarding the minimum investment required and ROI, it can vary based on several factors, such as the mining hardware's cost, electricity rates, and mining efficiency. The initial investment includes purchasing mining equipment, setting up a mining rig, and covering electricity costs. The ROI will depend on factors like the current market prices of Dogecoin and Ethereum, mining difficulty, and operational costs.
Before investing in mining, it is crucial to perform a detailed cost-benefit analysis, considering the current market conditions and projected profitability. Additionally, mining cryptocurrencies like Dogecoin and Ethereum often require specialized mining equipment, which adds to the investment cost.
It is advisable to stay updated with the latest trends, network difficulty, and market conditions related to mining Dogecoin and Ethereum. Conduct thorough research, consider the investment risks, and consult with experts or experienced miners to make an informed decision regarding mining investments.
2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
That's great to hear that 2024/25 will be your first bull run, and it's commendable that you have been patiently buying and holding for over a year now. As for those who experienced the last bull run, it was quite an exciting time. Prices during peak bull times can pump rapidly, sometimes experiencing significant increases within short periods.Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
To prepare for taking profit, it's essential to have a well-defined strategy in place. Consider setting clear profit targets based on your investment goals and risk tolerance. Regularly monitor the market conditions and stay informed about the latest news and developments in the cryptocurrency space. Additionally, consider implementing risk management techniques such as setting stop-loss orders to protect your gains and minimize potential losses.
Remember, taking profit is a personal decision, and it can be influenced by various factors such as your financial goals, risk appetite, and market conditions. It's always a good practice to consult with a financial advisor or do thorough research before making any investment or profit-taking decisions.
Yaha hindi k alawa baki vasae jyada dikh rhi hai yaha.. karan kya hai? Kyuki apke hisab se yaha hindi vasha istemal hona chahia. Wase yaha hindi ne bat ho to new members ko v acha lagega aisa mujhe lagta hai.
me aap se sehmat hu. agar hum sab yaha pe sirf hindi bhasha me hi charcha kare to naye log jisko aur koi bhasha nahi aati woh crypto ke bare me aasani se samaj payenge.Bharat me abhi bitcoin ka dhaga todne ki kosis ki jaa rahi hai. par todnewale ko pata nahi hai ki ye fevikol ka majbut jod hai tutega nahi. chahe jitna bhi jor aajma lo bitcoin hamare DNA me hai. nikal nahi payoge.
it is really a much better option for us. Since this is modified from of Bitcoin blockchain. But most of people are unknown about this feature of Blockchain technology. Thanks to share this information.
Hey guys,
I stored all my BTCs to Electrum wallet and today I created a new one and transfer my BTCs there. How do I move BitcoinCash from my first wallet and where can I move it?
Thx people
wait some days..I stored all my BTCs to Electrum wallet and today I created a new one and transfer my BTCs there. How do I move BitcoinCash from my first wallet and where can I move it?
Thx people
bitcoin cash block mine is processing...i think after some days official announce for bitcoin cash's site for how to transfer...