Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
Economic of a country is actually depends on some facts, like no matter what other country's do but do your country's person accept Bitcoin as their payment method. So, I don't think so. The bitcoin can improve the economic position of an individual person, but not of the whole country. For now, it's badly pushing nation economic. Why? Simply if some people have bitcoin and they decide to spend it but very limited merchant which accept bitcoin, they will sell it and convert into fiat. Imagine that suddently people has $10K just like comes from the air.
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BoardAltcoin Discussion
Re: How to know a good project?
by
ionation
on 12/11/2017, 12:56:13 UTC
This is interesting thread to learn how to improve "sniffing skill" of a good project. I usually start from their roadmap and the team. At least their roadmap represents their plan in detail and what they do.
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BoardMicro Earnings
Re: Why Newbies should stay away from Faucets
by
ionation
on 12/11/2017, 11:38:20 UTC
I think it's all about the process, many newbies have no capital to be invested. Then how can they start earn from very zero point. If they decide to not earn from faucets anymore, then great, means they grow up. It's just personal opinion.
It's very useful for Newbies. I found SCAMMER stand for what.
I think you should add HODL under slank. I'm looking for what HODL stand for, and I didn't get the exact meaning except as slank or distorted of HOLD Some people said HODL stand for Hold On for Dear Life.
Hodl was an accidental misspelling of "hold" that stuck.
Just as the title states. I have been trying to offer services (web design, graphic design, content creation, etc..), but have had no luck on various sites. I have tried some faucets for over a week, but I have barely made $.25 cents in 2 weeks. I have tried some mining with Nicehash and some browser mining through coinpot, only to get about $1.50 in 2 weeks. Many sites I come across are either complete wastes of time or literally scams.
Is there any possible way for a complete newbie to crypto that has practically 0 money to invest, to make some money, even over a month or two. I just want to make possibly $100 BTC so I can try turning it into something. I have spent probably 100+ hours researching ICOs and cryptocurrency in general and I am just having 0 luck getting in on anything because I just don't have any money to invest.
I don't mind working for it, please give me some advice. I do have cancer and emphysema and I'm pretty young, so for now I am stuck at home, behind a computer, with no extra money at all. Like I said before I can build websites, do some graphic design, write articles, and even do some pretty decent promotion through social media. My life has taken a very big turn over the last month so I am really looking for any help possible. Please advise me what I should do.
Thanks, Anthony
C'mon bro, you must be kidding me. You are content creator. You already have a plus on it. Keep exploring what can be participated to earn cents. Thousand people out there also earning from this thin air. As some people suggested before, airdrop might be interesting.
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BoardBeginners & Help
Re: How to Get Started Becoming a Bounty Hunter For a newbie
by
ionation
on 08/11/2017, 15:15:12 UTC
Nice reference for newbies. But don't forget to not brutally follow many projects guys. If it clearly mention that we are not meets the criteria, better looking for another project those fits to us.
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BoardAltcoin Discussion
Re: Would you sell your ETH to buy BTC right now?
by
ionation
on 08/11/2017, 14:15:18 UTC
Personally, I still hold my eth while waiting for btc sinking, then I'll go there
Proof of stake - consensus method for processing transactions / securing the network based on an investors stake in the network and age of the coins https://en.wikipedia.org/wiki/Proof-of-stake
Proof of work - consensus method for processing transactions / securing the network based on solving cryptographic hashes, depends on the hash rate of the equipment deployed for mining
Another method for consensus is Directed Acrylic Graphs and is used for Byteball and Iota.
Proof of concept - has nothing to do with mining or minting (used as a synonym for staking), this means a simplified model which proves that a methodology is feasible
Thanks for the references, I was looking for this. Because some new token from airdrops and bounties makes me confuse. Some of them makes this PoS and PoW as and advantages. Still learning on it. Thanks