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Showing 20 of 29 results by shultz1994
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Board Bitcoin Discussion
Re: How long Bitcoin can survive in cryptocurency industry ?
by
shultz1994
on 13/05/2018, 11:24:47 UTC
Bitcoin has no control center. Therefore, it will be difficult for governments to introduce control over bitcoin, since there are not even levers through which control can be exercised. This is a great merit of Satoshi Nakamoto. This is what distinguishes bitcoin from altcoins. Because of this bitcoin lives long .
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Board Speculation
Re: The way of BITCOIN! 2018
by
shultz1994
on 12/05/2018, 19:24:19 UTC
All these opinions are of course good, but you need to soberly assess the situation. In fact, nobody knows how to be. I venture to suggest that bitcoin will reach the level of last year in 2018. What is happening with bitcoin now is very similar to the situation of 2017. Wait a little longer and see bitcoin with a price of 12K by the end of June, I hope.
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Board Bitcoin Discussion
Re: I just lost my entire wallet of 13 BTC.
by
shultz1994
on 12/05/2018, 19:19:21 UTC
This is a very big mistake. Keep all your savings in bitcoin. Never spit it out their savings in one asset, distribute their. Otherwise one day you might lose everything like this guy. I hope that everything will be fine.
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Board Bitcoin Discussion
Re: How to Secure Bitcoins?
by
shultz1994
on 12/05/2018, 15:17:45 UTC
If Bitcoin is stored in a wallet that only the owner has the keys to, the coins are safe from all online attacks. The only thing that this platform can not deal with is the risks of the real world: the threat of theft, a bullet in the head, fire and floods, as well as the threats that come from the owners of purses themselves. The biggest reason for lost coins is not the third parties — it's ourselves. Stories about lost hardware wallets, rewritable hard drives and forgotten passwords do not need to be distributed. Stolen or weak passwords is the same problem like the lost keys to the wallets. Any private key solution must take into account the risk of human error. Otherwise, even the most bizarre hardware wallets and the strongest safes can turn out to be redundant. So it's all up to you.
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Board Altcoin Discussion
EOS is preparing to launch the core network.
by
shultz1994
on 24/04/2018, 10:07:22 UTC
https://medium.com/block-one/statement-on-block-producers-6158d4ad1463

EOS is ready to launch the core network, which is scheduled for June 2. The launch of the EOS.io will put the token from EOS Ethereum blockchain to the main network.
The transition will increase speed, reduce cost, and make the network safer and more efficient. Currently, starting the main network will change the token based on Ethereum. EOS investors are required to register their EOS token on the platform before June 1, as they will be frozen on The Ethereum blockchain before the launch of the main network.Binance and Bitfinex announced full support for the upcoming launch of the EOS network.We already wrote that we bet on EOS.

Have you already purchased for trading?
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Board Bitcoin Discussion
Re: Is Bitcoins goal to end governments?
by
shultz1994
on 24/04/2018, 09:48:51 UTC
Bitcoin doesn't mean the end of governments. Bitcoin, of course, is trying to confront the Central government, but it will not be able to completely eliminate it. Some state institutions may lose their need. Such as banks for example. In General, the main purpose of bitcoin and blockchain is the fight against taxes and corruption.
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Board Bitcoin Discussion
Re: Bitcoin as new hope for humanity
by
shultz1994
on 24/04/2018, 09:37:39 UTC
Bitcoin is making a revolution before our eyes. And he's just starting to gain momentum. Thanks to him, the financial structure of the world economy will change completely. Now the economy is not in the best shape. Inflation will continue to rise every year, and we will face a new crisis like in 2008. But bitcoin and blockchain technology came to the rescue.
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Board Bitcoin Discussion
Re: Does bitcoin pose a threat to banks?
by
shultz1994
on 23/04/2018, 18:48:05 UTC
Legal banks will remain as structures, but only on blockchain. But physically, banks and Bank branches will cease to exist. Why do we need Bank branches that work very slowly, require a large Commission, while we still need to keep their employees when there is a blockchain. I think the blockchain fully automates banking activities.
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Board Bitcoin Discussion
Re: What makes Bitcoin valuable?
by
shultz1994
on 23/04/2018, 18:42:13 UTC
People sometimes talk nonsense, asking " bitcoin means nothing, it has no value. How can something we can't sense be of value?"tell me, how can the papers we call" money " have value, or assets? Bitcoin is a unique product that will finally give us what our world is striving for. People now don't have enough personal space and anonymity. And that's what bitcoin represents. And for that, we appreciate the bitcoin.
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Board Bitcoin Discussion
Re: Bitcoins for illegal activity
by
shultz1994
on 23/04/2018, 18:01:28 UTC
No matter how sad it sounds, bitcoin is still used for illegal activities, especially for the sale of drugs. For drug dealers, bitcoin is a gold mine. Imagine, complete anonymity, deaf the need for meet with customers, Ah and laundering money. How to deal with it? Nobody knows. But you need to fight.
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Board Bitcoin Discussion
Re: What is driving BTC increase
by
shultz1994
on 23/04/2018, 15:40:08 UTC
The increase in the price of bitcoin is affected by many factors. Not a small role is played by the positive news that relate to bitcoin. For example, if a country accepts or prohibits bitcoin, or bitcoin becomes the official payment system of a country. This all affects its popularity and hence the price. And another factor is the capitalization of bitcoin. The more people learn about bitcoin, the more money is poured in. It's simple.
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Board Altcoin Discussion
Litecoin's transaction in $99 millions
by
shultz1994
on 23/04/2018, 15:24:13 UTC
https://www.reddit.com/r/litecoin/comments/8df9hj/thats_a_lot_of_money/

Litecoin users decided to show their advantage over bitcoin. Litecoin users conducted a transaction on 700 000 LTC (at the moment — $106 million).
But the essence of course is not in the transaction, but  in the Commission, which cost only $0.40, and the transaction was made in 2.5 minutes. If such a transaction had been made in a standard Fiat system, such an operation would have taken much longer, let alone a Commission.Will Litecoin be able to replace Bitcoin as a payment system?
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Board Development & Technical Discussion
AWS Blockchain Templates.
by
shultz1994
on 23/04/2018, 13:22:19 UTC
https://aws.amazon.com/ru/blockchain/templates/

Amazon has provided templates for creating your own Blockchain.
In order to make it easier for customers to create blockchain applications based on Amazon Web services (AWS), the company introduced "AWS Blockchain Templates". They allow users to launch public and private networks based on Ethereum and Hyperledger Fabric in a few clicks.
For starters, you must choose AWS Blockchain template after you create a network on Ethereum. In their blog, Amazon noted that they want to simplify the creation of blockchain networks: "Let developers are engaged in the creation of blockchain applications, not manual network settings."
Also, the network will support Ethereum mining and you will have access to the EthStats page to monitor the state of the network. Also, you will have an EthExplorer tool that will allow users to view their transactions and smart contracts.
If it's that simple, will you create something of your own?
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Board Bitcoin Discussion
Re: Hongkong and Singapore good haven for Chinese bitcoiners
by
shultz1994
on 23/04/2018, 12:39:05 UTC
Yes, Hong Kong and Singapore are very successful in promoting cryptocurrency and blockchain technology. And in the future, perhaps, will be one of the leaders in this industry. After all, it is still unclear with China what position they will hold in the future. Why do countries like Singapore support cryptocurrencies, you ask? It's simple. Look at the history of Singapore's" economic miracle." From the beginning of the flourishing economy of Singapore, his government is using all possible tools for economic development.
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Board Altcoin Discussion
Good news. BitPay Integrates Bitcoin Cash Payments for Merchants
by
shultz1994
on 23/04/2018, 11:48:49 UTC
https://www.financemagnates.com/cryptocurrency/news/bch-users-rejoice-bitpay-integrates-bitcoin-cash-payments-merchants/

One of the reasons Bitcoin Cash began to grow sharply is that They received support from Bitpay. Thus, the application will now allow sellers to receive BCH to pay for goods through the terminal.
Over the past week, altcoin grew 59.4%, and within 24 hours, altcoin added 9.6%.
Do you think Bitcoin Cash has a chance to overtake Bitcoin?
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Board Bitcoin Discussion
Re: Why bitcoin is created?
by
shultz1994
on 23/04/2018, 11:25:50 UTC
To these thoughts, you can add a few more points : 1. The fight against banks and their committees, 2. Fight against corruption. This is almost the most important point for the world economy.
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Board Bitcoin Discussion
Re: What do you think? Which is the best way to earn Bitcoin?
by
shultz1994
on 23/04/2018, 09:55:26 UTC
Writing articles is a good option for those who do not have the initial capital to invest. But the best and most obvious is to invest in the long term. If we evaluate the situation, it becomes clear that bitcoin will only continue to grow. And at the expense of mining the all clear. It is not relevant today. To have a good profit from mining, you need to spend well on expensive equipment. This is due to the high competition in the mining market.
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Board Bitcoin Discussion
Re: Bitcoin in Asia
by
shultz1994
on 22/04/2018, 16:02:31 UTC
Asia is an advanced region in the use of the blockchain. At the same time, it is a contradictory region. On the one hand, China, for example, has the largest mining farms, and their share in the world mining is very large. But on the other hand, the Chinese government is not unambiguous about bitcoin itself, and in General threatens to ban it. I'm not talking about the India that banned him anymore. But countries like South Korea, Singapore, and Japan are very supportive of cryptocurrency development.
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Board Bitcoin Discussion
Re: bitcoin scarcity
by
shultz1994
on 22/04/2018, 12:18:11 UTC
Now bitcoin does not have a deficit, but perhaps when bitcoin reaches its limit, there will be a great demand for bitcoin. And how much more bitcoin will be lost? Nobody knows.
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Topic
Board Bitcoin Discussion
Re: is Bitcoin used to extort people?
by
shultz1994
on 22/04/2018, 11:35:49 UTC
Because of the semi-anonymous nature of Bitcoin, it’s used in ransomware attacks. Hackers breach networks and hold them hostage until payment is made to them. Hospitals and schools have been victims of these types of attacks. However, unlike cash, which was favored by thieves in the past, Bitcoin always leaves a trail in the blockchain that investigators can follow.

It is possible to track transactions, but it is impossible to know the personalities who participated in it. Attackers can claim or extort the keys and only users whose identity they know.