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Showing 20 of 73 results by motionerror
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Re: Recommended VPN Services?
by
motionerror
on 15/03/2019, 02:47:09 UTC
Ipvanish is good alternative for expressVPN it gives you residential IP and they offer more socks IP which is better than using a normal proxies.
This is just good alternative ExpressVPN they are both competitor.

From what I've read, IPVanish doesn't have the best streaming via it's servers. I will take a look if that has changed.
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Re: Recommended VPN Services?
by
motionerror
on 15/03/2019, 02:46:30 UTC
Hi OP, duckduckgo has a good article on this as well, see link.

And they recommend TorGuard. If privacy-focused nuts make a recommendation on something, you can bet it works well Smiley

Regardless of which VPN you choose, always find a way to check that they really are a "no logs" provider. Interesting article on this (link). Had to link to archive as main site appears down.

Thank you very much, I wasn't aware of 'no-logs' this is very interesting.

It looks like expressvpn does have a strict policy on this, I may opt for them, they're also in a 'safer' jurisdiction.
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Merits 1 from 1 user
Topic OP
Recommended VPN Services?
by
motionerror
on 14/03/2019, 22:38:46 UTC
⭐ Merited by LoyceV (1)
Hey everyone, I've been looking for a new VPN for my crypto stuff.

I'm currently running Nord VPN and my subscription is coming to an end this month, I've read around for the best vpns but can't seem to find the definitive one, ExpressVPN is recommended A LOT across most of these sites, but I just don't see it as being as reputable. Found this which is more US centric https://vpntoolbox.com/best-vpn-for-usa/

ProtonVPN is fairly new, I may opt for that since I already use protonmail.

Which ones do you guys use and which would you recommend?

Thanks.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin to use 0.5% of world’s electricity by end of 2018
by
motionerror
on 20/08/2018, 21:27:56 UTC
Quote
The estimates, based in economics, put the minimum current usage of the bitcoin network at 2.55 gigawatts, which means it uses almost as much electricity as Ireland. A single transaction uses as much electricity as an average household in the Netherlands uses in a month. By the end of this year, he predicts the network could be using as much as 7.7 gigawatts—as much as Austria and 0.5% of the world’s total consumption.

https://www.livemint.com/Money/3wU3b1IuMYZTl47zYkkcmN/Bitcoin-to-use-05-of-worlds-electricity-by-end-of-2018.html

With mining facilities looking to be more and more electrically efficient with the coming years, I feel they will be pushing our electrical technology to tiers that will help us on a global scale.

Interesting stats being posted all over the web, a quick google search tells me;

- The Annualized annual cost of mining bitcoin is roughly $3,656,073,069 & revenue is $4,949,099,234 [1]
- Bitcoin uses 1.5% of the total US energy/electricity consumption [2]
- Bitcoin annually is equivalent to the energy needed to provide 53.2 percent of the Netherlands' annual energy needs. [3]

Now, I personally think that we will need to find a more green way to mine, perhaps using this much electricity may not be sustainable at some point as the hash-rate continues to rise and more miners will start to enter the arena.

Sources:
[1] https://digiconomist.net/bitcoin-energy-consumption
[2] https://companycompare.co.uk/bitcoin-electricity-cost/
[3] https://www.statista.com/statistics/881522/bitcoin-energy-consumption-relative-to-select-countries/
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Topic
Board Development & Technical Discussion
Re: Bitcoin attestation service with MainStay
by
motionerror
on 17/07/2018, 16:56:36 UTC
Also from the whitepaper it sounds a lot like a variant of merged mining.  Basically, as far as I understand, you build a federated sidechain and use a commitment just like the one from merged mining to link the blocks back to Bitcoin's chain.  What am I missing?

There are similarities with the merge mining, in that an alt chain can get the benefit from Bitcoin's proof-of-work, but the concept is quite different. This doesn't require the involvement of Bitcoin miners due to attestations (of the alt chain state) being made to a 'subchain' or 'staychain' of transactions on Bitcoin. By committing to this staychain from the genesis block of the alt chain, the alt chain cannot fork. Note that you cannot get this guarantee by just making unlinked timestamped commitments (in any transaction) to Bitcoin.

You get the same properties from a merge mined sidechain, but miners don't have to cooperate. Also, by using a homomorphic commitment scheme, less burden is placed on the Bitcoin chain and attestations have greater privacy and censorship resistance.

Really like the whitepaper.

How does the consensus mechanism work for the sidechain, how is this part regulated? Secondly, how does this paper differ from 'liquid'[1] that has been build by BlockStream?

[1] - https://blockstream.com/liquid/
Post
Topic
Board Announcements (Altcoins)
Re: [CBT] CommerceBlock Decentralised Financial Infrastructure
by
motionerror
on 15/06/2018, 00:10:49 UTC
been holding since token sale. Now on Bitfinex & Ethfinex, team is doing their thing, strong technology, great team.

Looking forward to a bright future ahead!
Post
Topic
Board Altcoin Discussion
Re: Bitcoin vs Bitcoin Cash
by
motionerror
on 31/05/2018, 17:55:35 UTC
Which of the leading cryptocurrencies will become more scalable and efficient in the long term?

Will it be Bitcoin with its Layer Two solutions such as the Lightning Network and Sidechains?

Or Bitcoin Cash with its on-chain scaling solutions by increasing the block size limit?

I would like to know your thoughts about this. Smiley

Much prefer the BTC and not bitcoin cash, BCH was created by Jihan et al to try and corner the market and dupe new users into thinking it's the real bitcoin. It's not.

Lightening will kill most altcoins.

Long $BTC.
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Topic
Board Announcements (Altcoins)
Re: [CBT] CommerceBlock Decentralised Financial Infrastructure
by
motionerror
on 31/05/2018, 17:54:10 UTC

Nectar tokens are only $0.009 - buy a few and vote everyone!
Post
Topic
Board Announcements (Altcoins)
Re: [CBT] CommerceBlock Decentralised Financial Infrastructure
by
motionerror
on 29/05/2018, 22:36:49 UTC
CBT is a part of the community vote on Ethfinex!

https://twitter.com/ethfinex/status/1001534224128663552

You can vote with the Ethfinex Voting Token (EVT). In two weeks, the top four tokens will be listed on the exchange. You can see the full list at nectar[dot]community.

For everyone following the project please vote for CommerceBlock to be listed! We need the communities support.

Post
Topic
Board Announcements (Altcoins)
Re: [CBT] CommerceBlock Decentralised Financial Infrastructure
by
motionerror
on 09/05/2018, 19:56:18 UTC
CBT has now been added to https://gatecoin.com/

Looking forward to the June Ocean release.

Onwards and upwards for CBT!
Post
Topic
Board Altcoin Discussion
Re: HOW TO MAKE MONEY IN CRYPTO
by
motionerror
on 09/05/2018, 19:55:02 UTC
Apart from airdrops and bounties, and trading or mining. What other ways can one make money in crypto space?  I really like to know maybe one can explore it. 

Buy coins with solid fundamentals and hold them for 6 months. This is the unpopular strategy, as humans we are wired to be impatient and we try and make the biggest gains possible in the shortest time possible.

Time in market trumps timing market.
Post
Topic
Board Speculation (Altcoins)
Re: BTC or ETH in 2018
by
motionerror
on 05/05/2018, 23:30:12 UTC
Bitcoin or Ethereum, Which of these coins will rule in 2018?

BTCitcoin. all day.
Post
Topic
Board Announcements (Altcoins)
Re: [CBT] CommerceBlock Decentralised Financial Infrastructure
by
motionerror
on 05/05/2018, 09:47:47 UTC
The telegram now has a bot which pings a notification when there is a commit on the GitHub, this is sweet!
Post
Topic
Board Altcoin Discussion
Re: I'm very disappointed with myself.
by
motionerror
on 05/05/2018, 09:27:17 UTC
I'm extremely depressed about my impatience and persistence.
I'm a stupid man. Fuck myself.
I bought the ETC when its price was 15$, i kept it for three months, including when it down at 9$, I still don't sell, because i believe it. And when ETC rise to 15$. I sold everything and waited it down $ 13 to buy more. But, fuck myself, the next day it rise to fucking 30$, Are you kidding me?
I bought 5000 XRP from May, i still believe it, I bought more yesterday, I bought when its price was 0,00001610sts, and when it down 0,00001558, i afraid BTC up, XRP down. So i sold everything. And... This morning I woke up with a sense of chest not say words.

This is my mistake, definitely like that. I can't blame anyone.
I told myself, "The market is still there. Nothing to hurry"
I don't complain, i post here just relieve stress. I didn't  tell anyone about this, including my wife.
Thank for listening.

Moral of the story; HODL for longer than 3-6 months if you believe in the project.
Post
Topic
Board Altcoin Discussion
Re: Is Your Money Safer In Crypto than at the Bank?
by
motionerror
on 01/05/2018, 22:59:52 UTC
Tim Draper: More Secure in Bitcoin Than the Money Sitting in Wells Fargo

Venture capitalist Tim Draper is bullish on Bitcoin and believes it will reach $250,000 in the next four years.

During a debate hosted by Intelligence Squared and the Adam Smith Society, Tim Draper was asked how Bitcoin compared with his previous tech investments in Hotmail, Skype, and Tesla. He replied bullishly, saying, “Bitcoin will be bigger than all three combined.” However, Draper didn’t leave it at that — he thinks it will be bigger than the iron age, the Renaissance, and the internet and says that the nascent technology will affect the entire world in a faster and more prevalent way than ever imagined.

The Debate: “Bitcoin is more than a bubble and here to stay.”
Backed up by Patrick Byrne (CEO of overstock), Draper took on Financial Times journalist, Gillian Tett, and Professor of Law, Eric Posner, both of whom argued that Bitcoin is indeed a bubble and strongly contested Draper’s claims. Posner and Tett called into question the “strengths” of Bitcoin, arguing that they could be regarded as weaknesses. Posner suggested that the pseudonymization of identity enabled by the technology makes Bitcoin transactions the perfect vehicle for sophisticated criminal transactions. Tett focused on the risk involved with trusting computers with finance as they can be hacked, are prone to faults, and that Bitcoin is a “terrible store of value.”

These arguments won’t be anything new to anyone who has studied the space, and the rebuttals of Draper and Byrne won’t come as a surprise either. The pair acknowledged that Bitcoin was imperfect and drew attention to the fact the technology was designed to be open source so that unforeseen problems can be managed by the community. Byrne also pointed out that although Bitcoin has been “hacked at” more than anything in history, but unlike banks, it has yet to be defeated.

Draper was more brazen in his responses and implored the crowd to use fiat if they were looking to facilitate their own criminal activity as many Bitcoin criminals get caught. The venture capitalist responded to Tett’s admission that she invests in several different fiat currencies by saying, “I’m so much more secure in my Bitcoin than I am in the money that’s sitting there in Wells Fargo.”

Who is right?
The short answer is it’s far too early to tell, but it is good to see the subject being discussed in this manner. Before the debate, Gillian Tett remarked that if both sides of an argument aren’t heard in the same room, on the same day, then the conversations can “go past one another.” It’s probably safe to say she’s right here because, although there is no shortage of media on either side of the argument, real debate on the subject can be difficult to find.

If crypto is going to head down the road Draper expects, its advocates need to be able to argue their case outside of the crypto community, and debate should be welcome as it not only gives both sides the ability to speak but also the ability to listen.

Draper’s comments are to be expected
As crypto enthusiasts, it’s easy to agree when figures like Draper sing the praises of Bitcoin, but we shouldn’t let confirmation bias get in the way of the issues. Draper is a successful investor, and he hasn’t arrived there without making mistakes. He could be wholly right, wrong, or somewhere in between — the latter is most likely. Draper allegedly owns 30,000 BTC, so he has a vested interest in Bitcoin’s success. That does not mean he is wrong, but it does mean his comments should be taken with a pinch of salt. Well-reasoned arguments are far more convincing than hype and chest beating because they allow people to make up their own minds.

The emergence of DLT might eclipse the impact of other innovations, but for now, the emphasis is not on critics to prove the crypto community wrong. It’s up to those who champion DLT to convince the world they’re right.

Originally published at cryptodisrupt.com

Crypto is a bearer instrument, you own your own value store as an individual, yes you are exposed to market forces, but overall you own it with a 24 word list. Crypto is safer in that sense, it cannot be discarded, taxed or taken from you at all.

Do proceed with caution, I am not saying that all your money should be in crypto, but from the perspective above, it holds true.
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Topic
Board Altcoin Discussion
BTC/LTC/ETH Price Predictions for EOY.
by
motionerror
on 30/04/2018, 11:08:00 UTC
Here's a speculative topic, what are your end of year predictions for the following coins:

1) Bitcoin
2) Litecoin
3) Ethereum

I'm going to start off with mine

BTC - $25-30K
LTC - $250-300
ETH - $2000-2500
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Topic
Board Altcoin Discussion
Re: $12000 to invest in long term. Which coin? :D
by
motionerror
on 30/04/2018, 11:05:41 UTC
Which is a safe coin to invest in the long term?
How long should I hold it?

Is there a risk that I might lose it all?

I am a noob in cryptocurrencies. Help.  Huh

I was thinking Litecoin, is it a good idea?

I'd think long term and split between LTC/ETH/BTC, maybe leave 2-5% for other speculative alts.
Post
Topic
Board Speculation (Altcoins)
Re: Will the Crypto market collapse
by
motionerror
on 29/04/2018, 22:41:31 UTC
Will the Crypto markets collapse?
You can not discount the possibility!


https://www.cnbc.com/2018/02/07/most-cryptocurrencies-will-crash-to-zero-goldman-sachs-says.html

Extremely unlikely, best not to listen to main stream media to be frank.
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Topic
Board Speculation (Altcoins)
Re: Are the Green Days back ?
by
motionerror
on 29/04/2018, 17:01:23 UTC
For the past 24 hours, i’ve Being thinking of what is going on precisely, if i’m dreaming or it’s absolutely real but presently I confirmed i’m Seeing what i’m Seeing for real 😳. The market cap is really attractive compare to few weeks back while everything looks like there were disaster in the crypto community. My question now is, are we out of the messy period to the Green Days in the crypto market ? Your contribution is absolutely required. Thanks


For now it's green, always be cautious, the market could crash hard at any time really, nothing is guaranteed.
Post
Topic
Board Altcoin Discussion
Re: Patience is the key
by
motionerror
on 29/04/2018, 13:13:30 UTC
As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks

I agree with this.

1) Do your research
2) Find the Coin/Token you like
3) Buy your position at a set price
4) Set target exit position
5) Sit and wait
6) Sell at target (can be a portion)

I think a lot of the people who came into crypto in the recent run up we're sitting on exchanges trying to trade coins for small wins. They all got rekt and rightly so. The key is to sit on your hands and do nothing, how do you think Buffett got to where he is today?