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Mella

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Everything posted by Mella

  1. The times come and the profits are too much to ignore, so no, I am not holding a lot of tokens today, except a few that I can not sell because fees will make this a loss. If Ethereum fees are down again I will be able to sell a few tokens in wallets I hold that I can not move today, and they can worth $40, if it was in exchange instead of Ethereum wallet.
  2. You are very right dear. I have improved and everyone can, this is the way we are all becoming better in writing. I have seen many improvement in many members, and we are going to be a lot better. Most of us were making simple posts in the beginning and were deleted. But many later we changed and learn cryptocurrency better, and manage to learn English better. It was from this forum that bear with us when we are beginners and helped us to become better with directions from moderators and administrators of Cryptotalk.
  3. The advice is to get knowledge? Thanks but this is what we are all doing here, there is no reason to advise about it. Those that do not care about knowledge but sign up in a forum to make a few tokens and satoshi without trying to improve will stay there, at making a few satoshi every day and not make any progress to make better.
  4. I will be trying more. I do not matter any inconvenience, less time that I will have, or any obstacle, I will overcome all difficulties and be in the forum almost every day that I can, but there are days that I can't, this is human and everybody has sometimes problems to think of, or troubles that do not allow us to do what we like.
  5. No, the off topic comments are not counting and they are not paid by the forum. You can't do anything about that, you will just not get paid for them, and they will be removed from the payment. This is why nobody posts in the off topic.
  6. Crypto protects us all from poverty, we find trading profits and we are able to make some money from it. Some manage to make a lot, others smaller. I am in the smaller size because I can not risk too much. But for the risk I have taken, it was a very good return so far.
  7. What it will give more likes is to write good posts. I won't give a like to a post like this one, for example, that does not have a lot to give to me. I will not give a like to a simple post question too, giving a like has to be about making something for the rest and for the forum.
  8. Yes, if you make too many mistakes then you get warnings. This is not exams but it is about making posts that are good to read. And with many posts we make it doesn't matter a few grammar mistakes, but the whole idea is to at least have a good English knowledge and be able to write good posts.
  9. Where is this coming from, my dear? You suddenly make a post and just drop some kind of bomb without basing it anywhere. You sure must have read about something, or had some thought, but you skipped an introduction and went directly in a result that is useless without giving your thoughts first. You did not even question why every company needs to create a cryptocurrency? Is every company having a fiat currency of their own?
  10. If you read more closely about Ethereum, you will not only find that there is no maximum supply but more that is very interesting. Ethereum was premined by 70 million tokens. Most of them were sold at presale and 12 million tokens kept for the developers. I didn't know a lot about what this meant, but after some time and reading, there is importance. The 70 million ETH was created from air, it is nothing close to Bitcoin. And the infinite supply is another problem, but it is a low inflation it has.
  11. My dear, you made this post but the forum is about what you say, and very more organized. We can read and exchange experiences in the sections of the forum that are about trading and the rest. We do not need to make a post to write that we share experience about trading. we make new posts in the trading for it.
  12. There is two different things that happen, and I have not read a clear case on what is the most important. The network has the miners that mine the blocks, but after that it is the full nodes that validate them. The hash rate is important because the block needs to be mined first. The validating nodes check if it is correctly written under the software rules.
  13. I think this is something else. Not faucet or mining. It is something called bitcoin generator and iti s a scam. It does not say what it does, and they take different forms,I have seen on telegram something like that, but it is all scam you avoid when you see it.
  14. Like I say in the title, a coal mine exploded a few days ago in China and resulted in loss of lifes but also many Chinese coal miners trapped inside the mine. All the mining operations in the Xinjiang region were ordered to stop operations, and for some reason the government decided Bitcoin also needs to shut down the operations. The government reasons are not given but possibly it has to do with limiting electricity consumption and having every mining facility inspected, either it is cryptocurrency mining or physical resources. This is possibly the reason for the last 15% dip for Bitcoin, that reached a level of 50,000 dollars as temporary low. But there can be more downside to this. The hash rate for Bitcoin is down by 25% and the blocks are delaying. At the time of writing a block has not been mined for more than an hour. It is expected also that the difficulty of finding a new block will drop a lot . The time the miners are out of action can be seen as a negative impact for the price. I do not think that the bull run will end because of this event, but the dip we have seen maybe do not end in $50,000 price, but lower. I appreciate all thoughts on the above. ***Update*** The 12h average hash rate has dropped a lot from the peak. It was more than 50% and now stays a little above 100 exahash per second. The most accurate hash rate chart I found is this link: https://fork.lol/pow/hashrate
  15. Hi friend. The exchange is not yabit, it is Yobit. The person in this posts asks which campaign he can apply to, and it is both campaigns you are need to apply and give your email from cryptotalk in both of them. You earn both talk tokens and you earn also satoshi.
  16. Mella

    Proof of work

    Very nice, I think that you helped a lot with this post and made it very easy to understand the proof of work meaning, in simple words. We need these posts more to have technical explanation and I salute the efforts made to bring good topics in the forum. Proof of Work is lately challenged by proof of stake and Ethereum is going to change all proof of work and remove it completely in the following years to come.
  17. It is nice bot to see that it has price for Talk, but also the price for talk has fallen very much now. It can help us more later if the price of talk recover, beacuse for now it is not needed with having being so lower from the 100 satoshi or the 112 satoshi from this picture. But again thanks for helping with this bot my dear, it is nice to know about it.
  18. Thank you for explaining this my dear, I checked what you say about backwards compatibility and did not know a lot about it, but it is correct, although, you made a mistake to say that a hard fork is every four years. For bitcoin the halving is every four years, and not exactly four years either but less, and a hard fork doesn't have time. When there is an upgrade decided there will be a hard fork to introduce it to the network.
  19. Paper money will be forgotten sooner or later, the problem is we do not need this replaced with digital fiat currency, this is also the same as the previous money and even worse. Cryptocurrencies give us freedom because we use our wallets and nobody can block our transactions. Wedon't just need digital money but crypto currencies.
  20. It is good you shared this my dear, with all the forum, because this is something we all need to be doing. I wasn't doing that and the result was posts that were about topics duplicates. This was bad for the forum, and for me too, because we need to be unique in our posts. This mistake also costs me with warnings received and we need to be on the caution when we write posts.Search is working. We can search and then make the post we want to, if we find there is no other post like that.
  21. I checked this king of industry of cloud mining and found it is not very profitable for investors. Many of these are scams and there are many that will not pay good, making you lose money to an investment that you can't exit any time you want. It could have be done great if made by big pools of mining power, but maybe we will see something good with later years.
  22. I don't know if there is meaning to buy and not sell anything with so much profit. It is kind of greedy to keep holding and this can become a mistake too. What will be the plan for those people, some I have read think that bitcoin will be one million dollars and then they will consider. Why sell then and not hold more, it is not going to end well when you have so much greed.
  23. The risk is that we lose our money, this is what we all know. You explain that leverage is a problem, but it is not like that, it is a tool we use when we are trading. But for a beginner it is a problem the lack of experience and knowing to use leverage correct without big mistakes.
  24. I am sure that some posts have not been deleted because the moderators can not read everything. It is thousands of people posting every day, this is not possible to read all the posts and many are really bad, there is no reason to not tell they are meaningless.
  25. What is the point of this question? I finished 2000 posts too should I ask what to do next? I don't understand why this post is not deleted too, do we need this in the forum, it helps the beginners? It seems a waste of time to read.
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