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Messages - kaleemmalik

Pages: 1 ... 3 4 [5]
61
Maybe Bitcoin instead of going full mainstream currency needs to enter the masses through loyalty bonus point type programs. Loyalty points were really the original virtual currency....it's a lot less intimidating to the average user to collect 'points' or tokens and redeem them alongside normal fiat pathways.


Say Starbucks gave out digital crypto points with a purchase made through your cellphone or credit card. Starbucks can firstly have tailor made loyalty program that normally is wasteful and inefficient and customers have then used cryto in a way that means they almost don't need to know its Bitcoin.

There are alt coin projects like Coval moving into this area but maybe Bitcoin needs to enter the masses counciousness through the backdoor of loyalty programs? The loyalty industry is btw worth 70 billion annually so it's not a small thing.

62
One thing that really surprises me is how some new projects come into blockchain and start spreading false news and making baseless analysis that bitcoin will fail all in the name of making their own project a success. In crypto, we should accept that bitcoin is the KING and anytime bitcoin falls, all other altcoins also fall. I have read news where people were predicting that bitcoin will go back to 1k and now that bitcoin and other cryptos are down, they are changing their predictions to favour bitcoin. This all proves that their plans backfired and they are beginning to realize that when bitcoin is down, most other alts will be down. All these news we spread rather drive away investors and at the end of the day, we all lose. Why can't we unite and spread good news rather than hate one of our own?

63
Cryptocurrency discussions / Blockchain - Killer or Savior?
« on: August 29, 2018, 06:43:30 AM »
Blockchain is called a technology that will change us just as the Internet has changed it. blockchain ideologists claim that it is about to lead humanity to a ultra-modern world where there is no theft and deception. how will this happen? Will the blockchain become the Savior of our world economy or its killer? If the blockchain is tightly integrated into our lives, the unemployment rate will increase, and on a huge scale. And this can lead to a large percentage of poverty among the population. Will the world economy sustain such a large number of unemployed, or will society be further divided into social classes.

64
Hi guys nowadays most people still arguing which is the best centralized or decentralized? , well if we go back in traditional and old times centralized money is the best because we can handle it , we can keep it. but today bitcoin is very popular because its decentralized . and its very convenient . however many of us still afraid in this new type of money which is virtual because it might lose or somewhat but it still similar on cenralized money that might steal or lose. also many financial analyst still advicing about putting your money in bank ? like hell ! ? investing in decentralized much better than  putting your money in bank 1% or 2% monthly ? .. whats your thoughts?

65
Cryptocurrency discussions / More responsible mining
« on: August 27, 2018, 08:25:07 AM »
THis is more of a philosophy topic than anything. I think about mining and how all those rigs are out there sucking down juice, making heat, just so one can get a few BTC that may or may not be worth something 10 or 20 years from now. (while I think it will, factually speaking...anything can happen it is a real possibility that btc crashes)I'm not an environmentalist by any means, I am into doing things in the most efficient and responsible way however.

This makes me think...is there a better way? Can a new coin or btc alteration be introduced that simply makes everyday tasks into mining and then use any resultant heat for something else. For instance, what if every car was a miner like say everytime you hit the brakes or mabey just attached to your engine output shaft or something of that type. Doesn't need to be much, point is not to make money. Or walking..strap a pedometer type device on and your mining while walking. What if your miners were heating homes and water (seen a few projects of this type out there already). Doesn't need much, low hashrate per everydaytask x trillions of everydaytasks being done=high hash rate.  It's the ultimate one world order without a central controlling body.
The high level advantages would be everyone could be a miner just by doing everyday things and that would ensure diversity in the mining pool for centuries. Disadvantages would obviously be why would you do this if there no real reward. Under current rules every day tasks may result if oyur lucky in 1 satoshi/year if that. I dunno....just thinking out loud really.....not sure if its viable or feasible. But interesting pondering sometimes.........

66
Cryptocurrency discussions / Mining affected in the month of August
« on: August 27, 2018, 08:23:42 AM »
Hi i was just wondering if mining will also be affected on the month of August.

67
What restrictions does mining hardware place on the Bitcoin block header?

Can you give mining hardware any 80 byte header and it will search it (updating the 4 nonce bytes and maybe the timestamp)?

Does the version field have to be positive?

Does the difficulty target have to be a reasonable value?

Does the previous hash have to have at least 32 zeros?

Does the merkle root have to encode at least a coinbase for the extraNonce?

68
Crypto currency Mining / Use a Proxy to connect my miners?
« on: August 27, 2018, 08:21:24 AM »
Hello there!

I just want to ask you if is sensible to use proxy to mine with about 20 S9 miners.

Thanks in advance

69
Cryptocurrency discussions / Hello, anyone wants to have a conversation
« on: August 27, 2018, 08:19:52 AM »
Hello and congratalations for this massive community.


Im new to bitcoins, i have used around 5 time a wile ago.

Im interesting in start learn, and get into bitcoin mining, i would like anyone here interesting in spend some time with me on skype and have a conversation where i will abord what i pretend to do.

Basicly i want to mining, and spend around 2000$ a good possitive thing is i will not have bill of eletric, save some coins.


so if anyone are interesting in talk with me just let me know so i can send you a pm with my skype or you can send me pm with your skype.

70
You must have at one time seen bitcoin service in most Automated Teller Machine (ATM)  in some banks should you ive in Nigeria in later year. But not anymore!
Ever wondered why they ventured into that before?

Could it be that they were optimistic about the potentials it avails or were just driven at the rate at which it rose in the market and how people patronize it?

Could it be that it was greed that drove them?

Would the banks accept bitcoin sooner or later from your opinion?

Let's share our views!

71
TAKE RISKS

First of all, you have to "take risks". Repeat again, accept risk!
When you spend your money investing Crypto or any array, the potential exists, but also contains many risks. Securities are also risky, driving off the road every day is also risky. In general, it is impossible to predict what will come, our eyes can not see, think of things in the future. If you start, you accept the risks and in mind always get to know these things, you can start the journey, understand what is doing, why, why lose?
                                                                "Use the money you can control to invest"
                                                                "What's up with the reason, accept and move on?"
 At that point, you will focus on the goal and make a profit.

DO NOT BE AFRAID

Second, uncertainty and always suspected spread around the world of investment. Large Crypto owners are called "whales" trying to manipulate the market in their own way. They use social networks, large news sites to spread distorted information that draws attention from the community. Finally, the benefits still belong to them, this is not too high, but for the Cryptocurrency market is too new, the community is too young. So ignorance is inevitable, just speculation and followers of the accusers.

Failure to listen to others say this coin will increase, this coin will fall. You need to have a plan for yourself, do not listen to rumors out there. All you have will be a great experience and keep trying!

REGRETS

When you see a strong growth from a coin and always have the thought that "Why did not I buy it before, have been reminded and then forget ..." That is called Fear Of Missing Out or FOMO. This syndrome occurs in a lot of people, but ignore it, do not follow it. Patience will help you to take long in this market Cryptocurrency.

WANT TO RICH SPEED

I suggest you rethink, do not have any job rich quick, if there are some cases but not you. Someone, sowing information for you when joining will be profitable ... Forget now. If you are a beginner, consider keeping a hold of money and not losing it. Then continue to experiment and do not like the last time ... You probably do not believe, but this is part of the investment, the most important thing is that you learn from it. Learn from the mistakes you make and try to make it better the next time. Failure will be difficult to overcome, for the same of the same, but realize these early will help you get ahead and get income in this harsh market.

P/S: Please contribute your comments in order to build this article !

72
Cryptocurrency discussions / Satoshi Nakamoto Theory
« on: August 26, 2018, 06:37:17 AM »
My imagination is highly active, i tend to think outside the box.

I decided to see if "Satoshi Nakamoto" was an anagram and came up with "aka its a moonshot". I find it difficult to believe that 15 letters in total can make up a sentence that is someone what relevant in the crypto space. 15 letters to 15 letters.

It has made we wonder if Satoshi Nakamoto, has left secret messages / cryptic clues surrounding Bitcoin. The next piece of information that is available i decided to look into is, Bitcoin total supply of 17,084,350. Its a very specific number which i find unusual. Googles top searches for 17,084,350 is a Rochester carburetor model 17084350. An 8 digit number that is connected to a specific product. Rochester is a subsidiary of General Motors.
(As most are well aware, the stock market crash of 2008).
On November 7, 2008 General Motors reported it had projected it would run out of cash around mid-2009 without a combination of government funding, a merger, or sales of assets. Bitcoin was released to the world January 2009. Today 10 years later, General Motors is Americas most valuable automaker (followed by Tesla). Last year it was Tesla and the year before it was General Motors.

VERY WILD speculations, but would it surprise you if Satoshi Nakamoto was an alias name from someone connected to GM or Tesla? Gavin Andresen? Elon Musk? Many theories and many rabbit holes.

If anyone has come across any secret messages, cryptic clues, theories, feel free to share. Find the whole alias fascinating.

73
I was always wondering what will happen to my Bitcoins if I divorce? By the law, my wifi needs to get 50% of all the bitcoins?

74
Crypto Meetups & Events / Bitcoin for sale and purchase tickets?
« on: August 26, 2018, 06:33:14 AM »
In Russia, in 2018, exactly June will be held one of the largest sporting party in the world; football. World Cup 2018. Where millions of pairs of eyes, will concentrate his attention on every game and champion his idol country to become world champion. In fact, many people of the world came flocking to Russia to watch the game. The question is, is it possible to use bitcoin in the case of sale and purchase tickets for Football matches can be done?

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