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Ernesto9191

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  1. friend in this case it is much better to make a transaction and you pay a single cost for this. BTC transactions to be executed need to be confirmed by miners who charge a commission for this, these commissions are for each transaction and do not depend on the amount to be transferred. If you are going to send BTC and the network commission is 1 dollar, for example, it does not matter if you transfer 1 BTC or 100BTC. After this argument I answer your question that it is best to make a single transaction of the largest amount you want, in this example that you put, it is better to send the full BTC
  2. Blockchain Wallet supports Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Stellar (XLM). It has more than 29 million users from more than 140 countries who trust this wallet to store digital currencies (without custody) safely. Only you have access to the private keys (we do not store them). You can make transactions instantly with any user in the world and transform the financial system from your pocket. Create a new Blockchain Wallet or access an existing one on your mobile device. features - More than 20 fiat currency conversion rates. - Available in 18 languages. - Track expenses from addresses with read-only permissions. - QR code support to easily send or receive payments. - Deterministic and hierarchical address architecture to increase the privacy of transactions. - Dynamic rates. - Simplified backup and recovery functions with a 12-word standby passphrase. - Blocking the TOR network. - Open Source. - Import from a paper wallet. - Server-side entropy to maximize randomness.
  3. According to Google Trends statistics, the largest amount of online searches for Bitcoin come from African countries; It is one of the most interesting phenomena, since despite how striking BTC is for users in Africa, its acceptance by this cryptocurrency is almost nil. Therefore, it is striking to know what are the reasons that justify this decision, taken by the inhabitants of South African countries. Africa is already home to more than 17 percent of the world's unbanked population. The commercial banking system is too complex for most of the population of Africa. The top countries using Bitcoin in Africa are Botswana, Ghana, Kenya, Nigeria, South Africa and Zimbabwe, according to gobitcoin.io, a website dedicated to Bitcoin news in Africa. Also in Uganda, cryptocurrency is gaining ground.
  4. Since the beginning of the pandemic, cryptocurrencies have been an alternative mode of payments globally. The lack of liquidity generated by the paralysis of the global economy opened a range of opportunities for cryptocurrencies. A study by Oxford University professors revealed interesting data in relation to the crisis generated by the pandemic and the use of cryptocurrencies. The study indicates that at the highest peaks of the pandemic investors used cryptocurrencies as safe havens. However, the aforementioned report also reveals that once the control of the pandemic began, the use of cryptocurrencies was reversed, thus generating a U-Inverted effect.
  5. after the halving that occurred in May 2020. With the cut to half of 1800 BTC, the shortage will be accentuated and will have an upward effect on the price of Bitcoin. Well established economic theory makes a convincing argument to support a significant price increase in the future. In addition, many well-known retail chains such as Subway, Burger King, KFC, have experimented with the direct acceptance of Bitcoin in a limited way, that is why this year 2020 has seen a very significant increase in the adoption of the cryptocurrency, which can make the price continue to rise. price for the end of the year
  6. Many factors have been considered sufficient fundamentals for the price of Bitcoin to reach a new all-time high. Add to that the halving that occurred in May 2020. With the cut to half of 1800 BTC, the shortage will be accentuated and will have an upward effect on the price of Bitcoin. Mathematics and well-established economic theory make a compelling argument to support a significant price increase in the future. The cryptocurrency industry is growing and changing rapidly. Money, resources, and expertise are pouring into space in a way not seen since the early days of the development of the Internet. That doesn't necessarily mean that it will be successful, of course, and there are still a host of problems to be solved. However, one thing we can say for sure is that the next few years will be extremely interesting.
  7. The average trading commission on the market is around 0.2%. The trading commission ranges from 0.1% to 1.5%. The lower trading fee may be associated with higher deposit and withdrawal fees. HitBTC applies a fixed rate of 0.1% to all executed trades, which is probably one of the lowest rates on the market. P2P bitcoin exchanges such as LocalBitcoins and Paxful charge a 1% commission for each transaction, but this is applicable only to sellers. These commissions are built into the prices offered by the sellers. There are no more trading fees on these exchanges
  8. With the large number of cryptocurrencies and tokens to choose from, it is difficult to separate the good projects from the rotten ones. Thus the world of cryptocurrencies within an environment with few checks and balances, becomes a fertile breeding ground for scammers. Therefore, the most important thing to consider before getting involved in any technology is knowing what NOT TO INVEST in. I take into account 3 fundamental aspects that are: 1.- Unrealistic statements It is common to hear a series of fraudulent offers in the ecosystem about the possibility of high returns overnight and even high fixed returns without any support to represent you. 2.-Absence of base code Due to the open nature of cryptocurrencies "mostly open source", closed source projects or those that for some reason or another not justified or not very credible do not reveal their source code, it is a red flag not to believe in them . 3.- Absence of key information Basically this section refers to two key pieces of information for any cryptocurrency project in general: absence of a white paper "Whitepaper" and phantom members of the project team.
  9. My 5 favorite cryptocurrencies are the ones that I expose here and why I choose them among all. 1. Bitcoin (BTC) Bitcoin is the first cryptocurrency in terms of market capitalization and volume. In addition, Bitcoin enjoys the highest recognition worldwide, becoming the cryptoactive par excellence. 2. Ether (ETH) Ethereum cryptocurrency has been the second largest blockchain asset on the market (by capitalization and volume) for many years. It is also known for being the developers of smart contracts and ERC-20 tokens. 3. XRP (XRP) Backed by the Ripple company and a long list of prestigious companies, XRP has remained in the top 5 for capitalization and volume for the past few years. However, this time has been characterized by controversy, as this cryptoactive cannot be mined, it operates on a blockchain and does not generate new coins. 4. Litecoin (LTC) Litecoin is another of the main altcoins (alternative cryptocurrencies) on the market. It is based on the Bitcoin code, but focused on correcting more quickly some security and speed details of the old BTC blockchain. 5. Binance Coin (BNB) Binance Coin is the official cryptoasset of the Binance exchange, one of the largest in the world. This token was created primarily to support transactions on the exchange. However, over time it was adopted by other exchange platforms and today it is among the first cryptocurrencies in terms of capitalization and volume.
  10. actually bitcoin is used for payments but they use it more as an alternative to gold. It is a store of value; it is a speculative store of value like gold. I personally use it to save it by betting on it to go up in price and get more returns in the future. Another use that can be made is to pay for services, such as in flight agencies, and in many shops already, and with crypto ATMs you can also take it to physical money
  11. At present, cryptocurrencies largely agree with the attributes of gold, such as the case of Bitcoin that has a protocol that gives it origin, which specifies that there will only be 21 million of them, and that they will be issued deflationary until the year 2,140. This allows us to deduce that Bitcoin has a monetary issuance policy whose governance responds to the sovereignty of technology. Likewise, it also has as its underlying value, the largest decentralized data processing network, which is not subject to any particular entity or person, but to the sum of its parts. It is interesting to know that cryptocurrencies have virtues over gold as well, since they are digital, which facilitates their portability, traceability and immediate transferability. In addition, they present encrypted protocols to protect them from possible attacks on property or even counterfeiting fraud. And finally, they do not require intermediaries since they can be transferred from person to person, making them extremely efficient and useful for the acquisition of goods and services, or simply as a new value standard in which to protect our capital.
  12. For this, wallets are used. A virtual or physical wallet that we will use to protect our cryptocurrencies, just as we do with the wallet that we use every day to store cash. There are different versions of these wallets, some physical and others virtual, but the biggest difference is in their connection to the network: Cold Wallets (or cold wallets), are those that are not continuously connected to the network and, therefore, are not in danger of having our private key stolen through a hack. The only problem is that they are not so quickly accessible, and we must be careful not to physically lose the wallet. Hot Wallets are all the wallets that in one way or another are connected to a network, either by the smartphone, our PC or from the browser. In turn, within these two large groups, we can distinguish between different wallets according to the type of technology they implement to protect the cryptocurrencies they store. The best are the cold ones that are not connected to the network and are liable to be stolen.
  13. Losing money and not finding it. Losing digital data and not having a backup. Two dramas that in the age of cryptocurrencies can be synonymous: in recent years there have been numerous cases of people who at the time took a certain amount of bitcoins stored locally and, for one reason or another, lost them. Bitcoins can be stored, mainly, using two types of wallets: in local storage, or in an online platform. In the first case, we are in control of our bitcoins. In the second case, we gain in comfort and we have the security offered by these platforms, such as Coinbase, the most famous currently. However, it may also happen that we lose access to our account or that the platform turns out to be a scam, such as OnionWallet. When a user loses their wallet, the effect is to remove the money from circulation. Lost bitcoins still remain on the blockchain just like other bitcoins. However, the lost bitcoins remain inactive forever as there is no way anyone can find the private key (s) that allow them to be used.
  14. To see if an Airdrop can be real I follow the following steps, although it is not always like that and they may surprise you: 1- Verify the web page: if the airdrop has a web page, it will only take us a second to verify which is the path of the crypto, its whitepaper and its road map, the more detailed these are, the greater possibility of being a true crypto. 2-Social networks: one can see the origin of the project through social networks, if it takes more than a year it is very likely that it is a real project, almost no scammer will take a year or more planning something like this 3-What do you ask us ?: This is very important, you always have to think about what you ask us, if the result is that they want us to register on your page, continue on twitter and join your telegram group, it is all normal, but yes it does not ask us for any of that and asks us to join channels and follow twitters of sponsors very likely it is scam 4-Is what they give us coherent ?: Let's be honest, it is very rare that an airdrop gives us more than 1000usd if so, investigate well because there are two options or it is scam or it is not the true value of the crypto 5-DO NOT GIVE YOUR PRIVATE KEY- very important nobody, ever, will ask you for the private key this seems obvious but there are many new people out there who are not aware, if you give your private key it is the same as giving your bank code 6-Do not send anything if they say they are going to return it to you: there are many airdrops that ask you to send 0eth to confirm the wallet that is normal and real, but all those who tell you send 0.1 btc and we multiply it or we return it to you it's a 100% scam 7-If a crypto is already in the marketcap: these are the airdrops that most want to enter since it is a crypto with an already established project, but there are many false ones, for this it is as easy as entering official networks and if they do not say nothing is probably fake (if not talk to an administrator of some official telegram group to confirm)
  15. In most investment markets, maintaining ownership of assets until appreciation occurs is an effective strategy. From real estate to stocks and other exotic assets, long-term retention allows investors to escape market noise and distortions in short-term trends and movements. By comparison, Bitcoin's price was around US $ 0.06 for more than three years, from the implementation of its Blockchain until the prices took off in 2012. This shows that the maximum exponential gains can be made by simply moving away from the digital assets for a long time.
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