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yonkii

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Everything posted by yonkii

  1. Maybe this article needs an update because the mining rewards were cut in 6.25BTC months before it was posted here, so it has outdated information. Mining is simple to understand, all miners follow the same rules and only in the beginning you could mine with a CPU. Bitcoin mining changed and became industrial, with pools sharing hashpower and bit companies mining using special hardware.
  2. We know that Monero, Zcash and more privacy coins are made to keep transactions anonymous and used for illegal activities in the dark net. Also, South Korea had some investigations with citizens being part of dark rooms and some arrests were made. It is a country that has strict enforcement of rules and laws and takes everything seriously, so I wouldn't feel it is negative to cryptocurrencies in total, but to anonymous coins in particular.
  3. I am interested mostly in what happens now. November and December were months that most of us were certain prices were going to keep rising until a top was to be made. During January price went as high as 42k and this was a top. But we are now in a falling pattern or there is chance to escape it? It is difficult to know and maybe a change of the trend could start, I hope not, but for short term it looks difficult. Maybe if something changes we will notice in the charts.
  4. It seems so. I was expecting something better but we shouldn't just get caught in these flash pumps. I was hoping for a message from Elon Musk giving a number of Bitcoins he bought perhaps, but it is just possible that Musk does some kind of advertising trick to increase the Tesla stock price, and sell more cars to crypto investors, that most recently are having huge profits and perhaps are looking to make some purchases with those.
  5. I was surprised with coinmarketcap putting the Wallstreetbets on top. I tried to understand why would they do that. They seem to be sending a message that support these GameStop stock traders, and perhaps try to send a secondary message hidden within about trading crypto and perhaps joining Binance. I don't think this website cares a lot for whatever messages are given in the wallstreetbets subreddit.
  6. I will have no problem with anybody visiting my profile. I don't know how anybody else might think though. As sometimes people may become aggressive for no reason, however if you want you can keep visiting my profile every day and comment on my posts when you feel like. I haven't seen a rule against that.
  7. Some are mined, others are premined and just sold by the team of developers to potential investors. Exchanges don't purchase crypto, except if they want to for their reasons. Traders and investors purchace. From miners and early investors, or traders like us that already bought and want to sell. This was many questions not one.
  8. I don't give you negative reaction for this post, but I decided to not give any, for reason that it was probably one of the first posts, you made in this forum and I hope that your posts later were a lot better and more useful and unique. There are plenty posts that say just the same.
  9. This is it. If our posts have nothing of these three then we should not make a new post, but instead supplement the existing ones with more information. The forum as all forums won't have to suffer from duplicates, useless or not helpful posts.
  10. Posting is serious for me. During my first time in the forum, I created some, but because they were not unique, they were deleted. After that I did my best to create good posts about topics that were not available by anyone else in the forum, and given my best for them.
  11. The value is equal for both, but without one another, it is pointless. If we have no theory knowledge and move to practice, we will have big problems having gaps and find it more difficult to adapt. Equally is having only theory knowledge but never apply it.
  12. There are many warnings we often read and coming from high bank executives and government officials about cryptocurrencies. The latest comes from Goldmans, Jpmorgan, some UK bankers and more. There is risk, but also there is a chance so we should know we could lose our money, but we risk this because this market can first give us back a lot.
  13. yonkii

    FBI and bitcoin

    China holds around 200,000 Bitcoins from scammers that had acquired them, and the USA also holds somewhere the same with FBI having seized the funds from Silk Road. These are the top of whom I have read about. I have no knowledge on Bulgaria and I would like to learn more about that, if it is real, to find a link with that information.
  14. I didn't know there are so many bitcoin forks, I just now three or four but they haven't done anything to deserve becoming something better from Bitcoin, or were only treated to make money for the developers and the investors, but not a lot to have a better use case from Bitcoin.
  15. I don't know what to make from this post, as it was created at a time where Bitcoin wasn't so high at price. Calling it a bubble means that prices rise a lot more than what it should be. Then again it could be just the beginning. What would you call Bitcoin at $10? You would wish to buy it there wouldn't you? Then again from what I am reading, many were selling it and saying it was a bubble.
  16. It was a strong institutional investing fomo that made Bitcoin rise a lot and create new terms. There is now a good chance that Bitcoin reaches very higher prices later this year and perhaps if we read about more companies buying it could become a corporations fomo. Maybe we will see Elon Musk telling that he bought a billion in Bitcoin.
  17. Interesting fact. We should have this for aim 0.026BTC to be holding the average Bitcoin a person could have, and start from there to make more. Holding and waiting for adoption will help us to increase our investment in usd, euro and all other currencies. I don't know how much this will be later, but probably a lot more.
  18. Bitcoin is $30,000 and to my knowledge it would be difficult for any of us to buy one. I bought some in the summer at $10,000 and $20,000 later, also I bought a little more at $31000 but I don't think I will risk buying higher. Some people were lucky to find and buy Bitcoin at $200 or even lower years ago but the risk was the same.
  19. It is not easy to have knowledge about that. I mean, how exactly is Bitcoin going to help the Indian government? Have Bitcoin perhaps as reserves? It could be dangerous too if a country does that and subject to manipulation of price.
  20. yonkii

    Trading Tips

    I think that because the risk is too high with altcoins, this small profit is not going to be enough, instead we should focusing on something very higher with altcoins, perhaps to sell only when price has doubled, or goes even higher. This is because of the volatility and the problem that we may lose 90%.
  21. I only trust Yobit.net out of these exchanges, I have some bad experience with Latoken and HitBTC, and I don't know a lot about the other exchanges this post is asking about, but probably they are at the same league with Latoken.
  22. I am monitoring XRP and did one trade at a loss, but I will not take this coin seriously again. It is just what they say, a pump and dump, and since there are groups that are saying pump this coin and XRP was after Doge their second choice, I know I'm going to regret any purchace, it will probably come down crashing again.
  23. Bitcoin should be our main investment, although we can find profit with altcoins sometimes. But for me, looking at the prices and how much the altcoins can drop, it is very dangerous to invest too much right now. Probably it will be better to wait and find very lower prices and try to invest at those times.
  24. I don't think it will be possible for the entire world to be based on Bitcoin. I learn the technology and it is amazing, but it is not going to be like that. It is a system to move money and maybe the rich will take over and it could be probably not a good thing as many that have the top riches are known for being ruthless and not care for lives of the poor. It could be good to hold just some in our wallet but in total I am not in favour of extreme wealth for a selected few and poverty for a large percentage.
  25. Some of these pictures that members here claim to be Satoshi, they are not. This is not Satoshi the founder of Bitcoin, he is Dorian Nakamoto, a person that declined being Satoshi and there seems to be a finding of reporters that just thought that Satoshi would go on having his real name, while being anonymous. It would have been a very bad move to do that and this person was found not to be related to the real Satoshi.
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