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Showing 20 of 99 results by azguard2
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Board Services
Re: A simple bitcoin Q/A. Learn new and interesting stuff about bitcoin.
by
azguard2
on 15/05/2018, 11:29:13 UTC
Question :  What is blockchain Endianness?


When a new transaction is signed, it is broadcasted on the Bitcoin network. It will then be collected and recorded in a block. Each block, once constituted, will in turn be broadcasted.
All these messages are public and verifiable.
They make it possible to notify and therefore take to witness all the participants of the Bitcoin network on any new information that enriches the blockchain.
Messages are transferred over the network in a binary format, encoding numbers on 32 bits or 256 bits using the Little-Endian convention.
The Little-Endian convention sets the bytes from the lowest weight to the strongest weight, the Big-Endian convention sets the bytes from the strongest weight to the lowest weight.


For example the number 1 is represented in hexadecimal on 32 bits by 00000001 with the Big-Endian convention and 01000000 with the Little-Endian convention.

The number 1 on 32 bits with the Big-Endian convention:
 Byte 3 |  Byte 2 |  Byte 1 |  Byte 0
--------+---------+---------+--------
     00 |     00  |     00  |      01

The number 1 on 32 bits with the Little-Endian convention:
 Byte 0 |  Byte 1 |  Byte 2 |  Byte 3
--------+---------+---------+--------
     01 |      00 |      00 |      00
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Topic
Board Speculation (Altcoins)
Re: Altcoins that might survive in the future?
by
azguard2
on 15/05/2018, 11:13:30 UTC
ETH and very few coins that are ETH based. On this list maybe some good old altcoin but newly ones in form of ICO most end up dead and very small amount of them are active or try top be active.
Probably top 10 or 20 coins on coinmarketcap can be relevant for this.
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Topic
Board Altcoin Discussion
Re: ICO is new way to get Free money?
by
azguard2
on 15/05/2018, 11:10:06 UTC
ICO's are probably high risky and high profitable investment. They pop out every day and unfortunately many ending up in just few weeks after they are listed on some exchange.
Is it then free, yes, many are offering airdrops and for that you need do something small. But in case of investment they are highly risky ones.
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Topic
Board Speculation
Re: bitcoin market recovering ?
by
azguard2
on 14/05/2018, 14:58:17 UTC
I don't call myself an expert but I think I can read charts a bit accurately and what I have found is that the uptrend is still not confirmed. We might have broken the previous lower high but still bears are in the control of the market. We might see a couple of 7k before we bounce back above 10k. Moreover whales still control the market so any whale can dump his holding and we can see a market crash. Even the MT GOX fever is not over until now so I think we have to wait for sometime before market recovers.

They always control and make price as they see fit for them. If they want to buy they will lower it and opposite when they sell. For recovery of the market and MT GOX funds seem someone is making some bigger movement and trying to lower the price as much as possible, this is off course my point of view. Think that after all this is sorted price will come to above 9500 in price.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Now and Forever
by
azguard2
on 14/05/2018, 14:51:14 UTC
Many will invest in bot just bitcoin but other and trusty coins as well. There are so many people and investors now in crypto that we could say that most of the world is not into this. However we have always some others that want to back down crypto and to make it illegal. This is something that is always present when something is good and promising many want to ban it for good.
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Topic
Board Speculation
Re: we're pumpin right now
by
azguard2
on 12/05/2018, 14:21:53 UTC
Of course we are. Going to 2 500. This is "real" price. after that to 600-800

You cannot possible think that 2500 will be the price. This is nothing fall is for few hundred in price not in thousands, so breaking to this low level is nearly impossible.
However if you wish to sell at this price your stash i will buy it.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Now and Forever
by
azguard2
on 12/05/2018, 14:19:21 UTC
Bitcoin will definitely replace at some point current monetary system, or some adequate substitution of some other crypto. For now bitcoin is playing one of the major roles in current monetary system and with all other odds in placed, in some time in future we could expect to see usage of crypto in daily bases and regular purchases in everyday life.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Now and Forever
by
azguard2
on 10/05/2018, 11:09:20 UTC
Bitcoin is something that will change money in future or something similar to it with bitcoin technology in future. We saw that bitcoin price was so big that many rushed in investment to have at least some small piece of it. This is why bitcoin will never be obsolete.
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Topic
Board Economics
Re: Why is bitcoin worth? Welcome to discuss
by
azguard2
on 09/05/2018, 17:32:22 UTC
Someone has said bitcoin is of no value, in my heart I think they said is wrong, I always think that bitcoin is valuable, but I didn't understand what is the origin of the value of bitcoin, why accept more people, its value will rise? If you have other ideas, please discuss.
in fact. If we do not have internet transactions then I think Bitcoin will not be economically valuable. But because the demand is so big, Bitcoin has become so valuable to many people

Not only it has big value of money but they knew how really bitcoin works from the day they saw the real potential of it. However you can't please everybody to use bitcoin and believed in it. It is really to explain to someone who are really interested in bitcoin ever since they will understand it you will not waste time. Also tell them about the risk of bitcoin becoming crisis when the price decrease tell them everything about it so they will not think negatively about bitcoin. people now are taking big risk into bitcoin less work than they actually doing in real office.


Correct. Bitcoin is not used by everyone and as such cannot be placed in many segment and factor all over the world. Its still not accepted world widely and still have many difficulties for many factor that are involved here and most of them are based on value, which is huge and compare it to gold its quite the difference. On risk factor we have risk investing is stock dont we if we invest in stocks off course. Technically every investment can be risky no matter how small it it.
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Topic
Board Speculation
Re: we're pumpin right now
by
azguard2
on 09/05/2018, 17:22:45 UTC
Everyone is really jumping for joy when they see the price almost touch $10000 in the last couple of days. But unfortunately, there was a minor dip and we are back to $9100. That's why I always says that we shouldn't get excited, we will get there eventually, but putting to much expectation and then it wasn't meet will put too much emotional stress on you. Just go with the flow because sooner or later we will get touch and even go higher than the elusive $10000 mark.

Yes, that’s a pity because the $10,000 mark is a psychological barrier and if we pass that, price will keep going up. I am not too worried as I’m a long-term hodler, we will just have to wait.

This is correct this is psychological barrier and as such if broken then who knows what will be at the end. This month will be crucial and if this month dont come with breaking 10k then i dont expect to see it after the summer.
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Topic
Board Speculation
Re: we're pumpin right now
by
azguard2
on 08/05/2018, 11:07:11 UTC
Just hit $9700. Up >6% last 24 hours. Will we see $10k in the next 24 hours?
We are now just 200 short of reaching 10000, it is going to be very interesting what happens when we reach that price, I'm very sure that there are a significant number of sell orders set at that price so it's possible we are not going to see that price for a long, but it will be a small signal that bitcoin is making a small comeback and that is important after the very difficult start that we got in this year.
$10k is not possible because now the price is not jumping but increases gradually with the passage of time. 24 hours for hundreds growth is very unnatural. I think it will take some time to reach to $10k, because if it reached to $10k in few days, it will down again due to corrections in the price again and again. So wait for some more time and we will see the growth in the price.

This month will be above 10k for sure. We have all the right signs for this to happen and I dont see anything that could maybe create opposite effect and force price to go down. My estimate is that we could see stable 10k this month for certain price.
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Topic
Board Bitcoin Discussion
Re: Bitcoin Now and Forever
by
azguard2
on 08/05/2018, 10:41:46 UTC
so it's not impossible, because we are now in a modern world where we will not be tired of what we want to do, let's say that many people want to break the bitcoin but they can not do it because bitcoin is so big

Yes bitcoin and crypto in global are something that we just wanted to happen and this is the best part no one is controlling it so governments and banks cannot manipulate with price change as they see it fit. That why it best for us and this will be probably the best thing in next maybe 50 years.
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Topic
Board Speculation
Re: I've learned to trust my gut instinct
by
azguard2
on 06/05/2018, 17:53:44 UTC

We will be seeing $10.000 - $12.000 by the end of may. Trust what your gut's telling you. Thoughts?


This is most realistic price for May month and I expect to see it in some point this month.
Also many comment and post are considering that this price can be happen this month but many anticipated this price for end of April but this didnt happen.
So best is to wait and to hold.
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Topic
Board Speculation
Re: When Bitcoin Will Reach 1 Million in Value?
by
azguard2
on 05/05/2018, 18:55:23 UTC
Of course not, the price is not going to be higher than $30k - $50k, that is the highest price that bitcoin can reach at some point. For me, even $10k is incredible high, i was not even expecting $5k at the beggining of the last year.
We can say it cannot reach to 1m that at this rate it is hardly to pass over $10k. But it is open to hit this year at any price but impossible this year to achieve 1m for bitcoin. Let's see what price it will go.

We could reach it but in 20-30 years maybe less this is something that can happen only if market comes to that point. Honestly first we could be happy to see again in 20k and then let comes as it should slowly and steady this could be good for everyone in long and short term.
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Topic
Board Speculation
Re: I bought at 19k, now what?
by
azguard2
on 05/05/2018, 18:53:34 UTC
First dont panic just wait. In time price will come to this 19k and will go over it then you can cash out or wait for something bigger from that point. Most important is patience just be that and everything will be fine and you dont need to worry.
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Topic
Board Speculation
Re: Bitcoin price 10k $
by
azguard2
on 04/05/2018, 17:41:26 UTC
Reaching up to $10000 is seemingly difficult for bitcoin right now .
It is so close to $10000 but still there is so much resistance that it is not going to touch if the resistance remains persistent .
Resistance here is being refereed to the resistance of crossing the triangle and getting ahead of the trap . If this happens then attaining $10000 won't be a very difficult thing to get .

I think different and think we will see 10k next week for sure. Dont think we will see this weekend but for next week this is almost for sure. Its is yes difficult no matter how close it is but we have to recover at some point and why not now when we have everything for this price to remain on that level.
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Topic
Board Economics
Merits 4 from 1 user
Re: Can cryptocurrencies make physical money disappear?
by
azguard2
on 04/05/2018, 09:16:09 UTC
⭐ Merited by Dux2K (4)
This is matter of two different opinion but both have good background to support all this.

Many consider crypto to be maybe next crisis point in next few year (mainly i think on major banks or bank group in general), why they dont trust it but yet so many other people does and as such many invest fortune in crypto in general that can be latter returned in 10 or more times if they have time to wait and play on long runs.

Then what is bad here.

Risks of crypto currency is very much consider as treat in many countries and as such we saw that many ban it or they dont want to have anything with it. People want to get richer, which was, after all, the cause and the previous big financial crises. Guided by the desire to become even richer, they become less rational, buy and what they do not need. And when you're still speculating, and that's trading in crypts, the risk of losing is higher. Human behavior is based on thinking that we are rational, and in fact we are not.

So in the end we come to one single point if we want something we will create that something, so if many want to money disappear we could accomplish this but think it wont be a option for anyone.
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Topic
Board Speculation
Re: we're pumpin right now
by
azguard2
on 04/05/2018, 08:31:48 UTC
Just hit $9700. Up >6% last 24 hours. Will we see $10k in the next 24 hours?

We will see but most likely we will cross it some exchanges if not on all in next dont think 24h but after this weekend maybe. Never seen been movement in price on weekend so i dont expect to see it now. Maybe we will see another stable price for upcoming day if price goes above 10k for this month, how someone consider this as option.
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Topic
Board Economics
Re: Can cryptocurrencies make physical money disappear?
by
azguard2
on 03/05/2018, 11:46:44 UTC
This is hard one to answer and to be with good perception on both crypto and physical money.
Off course both have good and bad sides and moment and if someday this could be real think that crypto will replace money or something that is similar to crypto.
Money is made from paper and many are now in green protection and try to protect and save as much as possible but this is one good solution only one problem how to implement this is daily bases that is not trade.
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Topic
Board Economics
Re: Why is bitcoin worth? Welcome to discuss
by
azguard2
on 03/05/2018, 11:43:46 UTC
Cuz many consider this as payment and many see this as investment. So bitcoin is mostly consider as long term investment many make some small amount of few hundred bucks investment that are now few thousand so this is good for long term and wth good patience this can be very profitable at the end.