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Showing 20 of 71 results by jenni161
So credit card is introduced after the great depression and just after WW2. Thus credit card system has not really been tested in bad situation (well, maybe little in housing crash 2008.) On the other hand, the same can be said about bitcoin, too.
Re: It will soon be a battle between AIs in terms of fake news. Who would win?
I think we'll just reach a point where the public will be so knowledgeable of fake news that unless AI doesn't debunk it, people just won't pay attention to it. I might be assuming the general public is much smarter than it is, however. 
In my dream world that would be the case. In real life, unfortunately, it is not. How many people don't even read beyond the headline? Fake news are rampant and the people who are sharing them are real people. They could be your family, relatives, friends, or colleagues. These people are aware that there are fake news especially in social media and yet there are still many who still share them and talk about them as if they were really real. They believe them most of all if its support their bias or whoever they are following, like a politician or a celebrity.So if AI can create fake news, then AI should also be able to detect and remove them. We just have to actually trust that the people behind them are actually doing it for the general good and not for their own.
I merited this, but I have to make clear that I don't agree on the last sentence. You can't trust the group of people creating AI because there are lots of individuals with different goals, limited capacities etc. And AI is already creating more AI.
Isn't this red column already in use in USA and UK at least? Credit scores, how you get loan etc are affected by almost everything you've done before, in financial sense. This Chinese system of course goes step further. On the other hand, keeping official listing about persons previous academic dishonest publications would have some positive effects.
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Can you tell me that which sections are more merited than others??
If we filter the dashboard on the section/subsection tab by the month of May (so as to get a close reference and not a cumulative one), it would be altcoin Ann, Russian, meta, marketplace, economics, and altcoin discussion in this order. Can you tell me that which sections are more merited than others??
Some of the above have their own ecosystems. Altcoin Ann for example awards often the OPs who create the Ann and these back to some of the contributions to their threads.
Regardless, its not a matter of which are the most awarded sections, but finding how to contribute to them through your posts and create well versed opinions or information based content. Visibility also needs to be pondered (I dont mean posting arts, but where you post. I.e. mega threads are likely to be not read by many since they tend to be spam threads - Wall Observer is an exception for those in that ecosystem).
Is this order by total merits or merits per post? If latter, then this merit system isn't so great afterall. I mean, economics is ok but altcoin Ann, please.
I won't go and see for myself because my phone doesn't show that properly, I tried.
Ok, so you just use that particular algorithm to generate random numbers. Have you studied how many % of large random numbers meet your expectations? And what will happen when you hit actual prime or composite that has only relatively small factors? There will be lot of them.
Where do you get those 100 digit numbers in the first place? Is there some database or some other computer (server) generating those tasks or what? Sorry if that has been already mentioned but I didn't see that.
They are generated using a hashing algorithm like sha-256. Basically the same way they currently work in bitcoin. Great question. Let me know if you want a more in depth answer.
Yes I would love to have a more in depth answer. I have read some descriptions about sha256 and I didn't see any reason it would produce large numbers that are either primes or semiprimes.
Where do you get those 100 digit numbers in the first place? Is there some database or some other computer (server) generating those tasks or what? Sorry if that has been already mentioned but I didn't see that.
Re: [ANN] Bittrex - Next generation exchange (btc/ltc/eac/ppc/rdd/ftc/and more)
not that i understand a single word, but if the subs are correct this should be shared wherever possible
I don't understand arabic either, but if you listen carefully, you can hear similar words in vocal as in subtitles. That adds credibility, of course that's not a 100% method.
I won't post screenshots because exact information about ones account can be used to claim that account. I don't know how common this is but why take any risk? Today, I'm holding Okcash and ETH, total value 0.0376.
BTC = 0.10253486 (0.00222985; 2.22%)
What's important about yesterday is that I added a parameter to my algorithm because of an intuition I had while I was trading. I then traded 9 altcoins, and all of them gave me profits.
Now I'm junior member, I can post pictures and here is the graph since I started.
Last but not least, I have received messages to help trading. I'd like to help, but positions need to be managed all day long, especially with cryptocurrencies, everything can change in minutes. I barely have time to check my trades (forex, indices and crypto), I can't also follow yours
Good luck!
If you go on with same growth, it will take you almost a year (300+ days.) I took 9% growth/ 12 days figures from picture. Of course that won't be the same every 12 days period so we'll see. Good luck!
Re: Is there any research being done to make the blockchain less energy consuming?
Why is using energy "bad for the ecology" in and of itself. Or "bad for sustainability". Sustaining what?
Is this some kind of malthusian scientific case for genocide you're presenting? (all human activity, eating and breathing especially, consumes energy, it's called being alive)
Why are you presenting these vague, unscientific assumptions to be in any way relevant to Bitcoin's hashing security
Is this some kind of malthusian scientific case for genocide you're presenting? (all human activity, eating and breathing especially, consumes energy, it's called being alive)
Why are you presenting these vague, unscientific assumptions to be in any way relevant to Bitcoin's hashing security
Assume, for a moment, that you/I/They forked a bTN and a BTR. These stand for Bitcoin generated only by Nuclear power, and only by Renewable (solar/wind/geothermal/hydro), respectively.
The free market then quickly establishes if anyone cares. I think they don't...
Here in Northern Europe you are considered as "bad person" if you use energy without a cause. It's been a trend for a while now. And if such fork existed, some people would by it just because saving environment is cool. My guess is that "green fork" could be 10%-20% of BTC's value.
Re: Is there any research being done to make the blockchain less energy consuming?
According to the ECB the total cost of fiat money production, fiat money storage and fiat money transportation are
roughly 1 % of the total economic output of the European union each year, which equates to roughly 140 billion at the moment.
roughly 1 % of the total economic output of the European union each year, which equates to roughly 140 billion at the moment.
Thank you for this.
So, for this part of FIAT (only for EUR) they (or we?) pay 1.4 bln
According to https://digiconomist.net/bitcoin-energy-consumption the global mining costs are $1.433 bln USD.
I know you cannot compare costs with energy directly but if you take into account that we talking about only a part of the FIAT energy costs and this only for EUR, it could turn out that BTC uses less energy than FIAT ...
If this is true, BTC uses way more energy than fiat. You have to remember that there are more euro transactions than btc. I don't have numbers here but I believe the difference is huge. For me, its obvious that btc uses more energy and that is bit of a problem to the environment.
It's possible that in coming decades we will see more environment friendly ways to produce electricity (fusion? Better fission technics? Ocean waves? Better ways to collect energy from the sun?)
(For speculation, if energy becomes too cheap, wouldn't it mean that pow loses its meaning, too)
Re: [ANN] Bittrex - Next generation exchange (btc/ltc/eac/ppc/rdd/ftc/and more)
As far as I can tell, there are (2) reasons bittrex may not be responding:
(#1) They are waiting for an answer that depends on something else*
(#2) They literally don't give a fuck about you.
* I don't have any evidence of #1, just speculation
- Lack of staff or amount of tickets is not the problem.
Certain people can get responses to a ticket multiple times a day, or every day, back to back - while (clearly) others do not get any priority.
If you're not getting responded to, they're intentionally not responding. If you haven't had any response at all, or over 30 days, you're probably fucked.
It's possible who they sleep with will hold off the cavalry for a while, but that will not last forever. They'll have more than enough to fight it though.
(#1) They are waiting for an answer that depends on something else*
(#2) They literally don't give a fuck about you.
* I don't have any evidence of #1, just speculation
- Lack of staff or amount of tickets is not the problem.
Certain people can get responses to a ticket multiple times a day, or every day, back to back - while (clearly) others do not get any priority.
If you're not getting responded to, they're intentionally not responding. If you haven't had any response at all, or over 30 days, you're probably fucked.
It's possible who they sleep with will hold off the cavalry for a while, but that will not last forever. They'll have more than enough to fight it though.
Are they answering to some people? Reading this (and other) topics there are not many positive stories. I haven't contacted them myself. I cannot withdraw but right now I don't need to, so I'm waiting if some general solution will come up.
This was going good, until someone put a massive pile of ripple for sale just after I bought it. This is going to take a year before I can get rid of those.
it is a big mistake to do this though.
keeping the investment funds idle for a long time (a year as you said or even 1 month) is nearly just as bad as losing money in a bad investment. you are imprisoning your funds which you could have used to make profit elsewhere.
sometimes you need to take a small loss and accept it in order to be able to make bigger profit.
and I am saying this generally, as an advice. not just about Ripple, it may get pumped tomorrow for all I know. but this general advice is something that will help you maximize your profit most of the times when you are trading altcoins.
Since there is some correlation between different altcoins, selling with small loss could result to other loss with other coin. Of course artificial pumps are different but I don't foresee those pumps.
Slightly negative performance yesterday, but overall the challenge is giving positive results.
BTC = 0.10030501 (-0.00065553; -0.65%)
Today's best:
1. ETH (at 4450000)
2. BCC (at 14450000)
3. NEO (at 447000)
4. EMC (at 9337)
5. LTC
6. OMG
7. BTG
8. VTC
9. ARK
10. ZEC
11. DASH
12. QTUM
13. DMD
Yesterday I doubled my investment in Ethereum and actually it has been the only one, among my investments, that gained against bitcoin. I still believe that Ethereum price is very low, so I keep a bigger position.
Good luck
BTC = 0.10030501 (-0.00065553; -0.65%)
Today's best:
1. ETH (at 4450000)
2. BCC (at 14450000)
3. NEO (at 447000)
4. EMC (at 9337)
5. LTC
6. OMG
7. BTG
8. VTC
9. ARK
10. ZEC
11. DASH
12. QTUM
13. DMD
Yesterday I doubled my investment in Ethereum and actually it has been the only one, among my investments, that gained against bitcoin. I still believe that Ethereum price is very low, so I keep a bigger position.
Good luck
Ethereum had significantly more bids than asks in bittrex when I last checked, so I'm with you on that ETH short time potential.
Interesting; I'm currently doing a similar self-imposed challenge myself although without day-trading. You're currently holding Ripple and Ethereum, right? The fact you haven't run into the red numbers after the first week is already a positive thing.
I have ETH and verticoin now. Hopefully at least one of them will be sold soon so I get back in business.
The sensible decision you've made is to choose a coin with volume. If it was an obscurity then you could indeed be waiting a long, long time to gain again. With something like Ripple some action will be along shortly.
Where are you trading? Fees are likely to pile up rapidly if you're running in and out of coins.
Where are you trading? Fees are likely to pile up rapidly if you're running in and out of coins.
I'm trading in Bittrex. Maybe that's not the best place but as I already moved those bitcoins there moving would be more trouble.
Why I have choosed 2% is a good guestion and I think there is still room to adjust that. First I tought I would go for 5%, but then tought that it would be easier to get three times 2% than one time 5%. But it is plausable that the best percentage is still "out there" for me to find.
I know what stop loss means, I just don't want to use it. For long and slow decrease I can make the decision myself, for very quick one there is high probability for correction upwards.
I know what stop loss means, I just don't want to use it. For long and slow decrease I can make the decision myself, for very quick one there is high probability for correction upwards.
I may have said this before but I say it anyway: The thing is that I don't use stop loss. I think, and that's my personal opinion, that stop loss is no good. In crypto world some coin can easily lose 10% of its value and then rise again the next day.
I don't follow the ETH/USD trade, only ETH/BTC. I still hold the ETH but ripples got sold at the orginal pricepoint, that is 2% higher than bought.
I don't follow the ETH/USD trade, only ETH/BTC. I still hold the ETH but ripples got sold at the orginal pricepoint, that is 2% higher than bought.