Bitcoin mining on an Apollo Guidance Computer: 10.3 ...

The state of cryptocurrency in China. If anyone tells you otherwise, they are lying.

It's been a while since I outlined the state of cryptocurrency in China, but I should probably tell you guys why this is important first: Journalists will do anything to shill you their "news" so they can get their sponsor dollars. Crypto YouTubers who comment on the story without reading the original news story or transpiration of events in Chinese further distort this message. With that out of the way, let's dive in to free knowledge.
-Mining is just fine, so long as miners have all of their documents properly registered. The Chinese government thinks, "Whatever, sell this stuff to foreigners. We'll gladly let more USD flow in to our economy in exchange for thin air." -Most Chinese-owned exchanges set up offices abroad, usually in Singapore. Some have dev teams in Malaysia / Taiwan. -The Chinese government hasn't really out-right BANNED crypto ownership as far as I know, but they have certainly made it very difficult to own it. Which leads me to these two points: -I tried sending an APK file for an android phone wallet app to an American buddy of mine and his Chinese-made phone with a specialized Chinese distro of android would not allow him to install it. He sent me a screenshot that showed his phone basically displayed, "Unable to install application." or something similar. -I wouldn't be surprised to learn that Chinese-made distros of Windows, Linux, or Macintosh-specific operating systems do not allow users to install wallets to their desktops either - but I have not verified this. -These last two points can be circumvented by buying phones and operating systems made for foreign countries on China's ebay equivalent, Taobao. -There have been previous court-rulings where bitcoin was recognized as PROPERTY. -My view is that the CCP's attitude is, "Less crypto, less headache. Turn it in to USD and bring it in to China." -I would not be surprised to learn that later down the road the CCP makes a list of present cryptocurrencies that may be bought and sold legally in China in the future. I would only be shocked if bitcoin were not on that list. -It is commonplace for employees of exchanges to get paid in crypto in China. This is usually done with a stablecoin. -I have an undergraduate degree in Chinese and previously worked for a Chinese-owned exchange. This is where my knowledge comes from. -Everything listed here to this point in time should be treated like "law" unless Xi Jinping himself or another government official say otherwise in the near future.
Any questions? Fire away.
submitted by sgtslaughterTV to CryptoCurrency [link] [comments]

Capitalist Exploits Reddit - Capitalist Exploits Review

Today we'll take a look at something very fascinating named Capitalist Exploits. What is Capitalist Exploits? Who is it for and might it be something for you? These are some of the main questions this quick review will assist you answer!
Product: Capitalist Exploits
Website: www.capitalistexploits.at
Owner: Chris MacIntosh
Price: Free membership
Who is it for: Investors from all backgrounds
Overall rating: 4.9 out of 5 stars (4.9 / 5)
What is Capitalist Exploits?
Capitalist Exploits is, in short, a popular e-newsletter that has a subscriber base of over 20,000 investors, hedge funds, professional cash managers, and many other clever investors worldwide. It presents you with insider tips and additionally international buying and selling “signals and calls” that you might choose to use yourself to maximize incomes potential, and more importantly reduce your risks of loss.
The carrier is all info, there is no software that will exchange for you or anything like that. You are going to have to open your very own brokerage account to perform trades that are counseled to you.
Capitalist Exploits Reddit - Details
The service is incredibly praised by revered and very successful buyers and has also been featured in Business Insider, Market Watch, etc:
It is a special service amongst the many “similar” services out there, however, Capitalist Exploits separates themselves from their friends with their “investing service constructed for this moment in history” approach. Simply put, their carrier is providing a answer to the need for seeing thru the “unstable” times we are in, with political and financial destruction between nations, and to know what strikes need to be achieved in order to not get misplaced in the financial storm…
Visit Capitalist Eploits website here
Who is the owner?
For these of you who do not know, Chris is about as legit an investor as you can get.
Here’s his story in 6 bullets:
He is one of these rare cash managers that are entrepreneurial, he’s one of the sharpest guys you’ll ever meet, and he has one hell of an impressive network.
The actual deal. Not some manufactured guru, the likes of which litter the internet everywhere.
How does it work?
In short, the Capitalist Exploits internet site is a meeting area for investors, below is an precise excerpt from the About page on the website:
"So on this website online you will find some of the techniques used by myself and these of my close colleagues, many of whom are family names in the investment business, and nevertheless others who keep a an awful lot lower profile. These are techniques which have led to my own admittedly excellent and often stunning (for me) successes. In addition I cover some of the classes learned from collective failures, in the hope that I don’t repeat them and you by no means trial them.
As you can tell by way of now, I’m first and foremost an investor. My faith is that it is more necessary than ever to keep our eyes open to possibilities all over the world in order to succeed in the difficult economic and political surroundings we live in.
My funding agenda is very simple: to find a domestic for my capital to earn the best feasible return."
Products and Services offered? First of all, there is a lot of free info for participants to take part in, and the membership is free. SIGN UP FOR THE FREE NEWSLETTER HERE
However, if you favor to go deep and potentially be very profitable then there are 2 predominant services presented to you.
Insider and Resource Insider, which is a service for extra sophisticated traders who want the great deals that exist in the mining and metals space.
The free fabric consists of things like:
Consistent evaluation of asymmetric possibilities to help you navigate the very distorted markets of today
Different hyperlinks to related buying and selling services (recommended brokers, readings and how to create offshore entities, etc.
And greater supporting and academic material.
Join for free - you can upgrade any time.
The INSIDER material consists of matters like: Trade Alerts (Get email and/or SMS indicators on “Hot trades” that the pros are doing so you can do the same Existing Portfolio (A listing of all “buy-rated” alerts and data on when the service is closing the trades).
Investor Forum (Connect with like-minded in the insider chat room the place more than 450 individuals are active.
Newsletter (One time per week you will get a review of the precise trades and opportunities the insiders are searching at, there is also some bonus pointers shared to you here.
Live Q&A – Live webinar with Chris where you get the threat to ask your questions live Video Insights Database (Get access to over 300 movies that answer questions on investing.
Educational Resources (A vast selection of beneficial reports and step-by-step courses on different alternate topics from A-Z (Includes Bitcoin trading).
Access to Guru (The identify says it all, this is your customer provider function that approves you to get access to Chris and others in the staff.
The membership charge is $1,575 per year as lengthy as you want to continue to be a member.
The RESOURCE Insider material consists of matters like:
Service targeted for permitted investors with at least a internet worth of one million dollars.
Access to the most thrilling private deals in mining and energy gold, uranium, you name it! Here you will get all kinds of commodities and resource possibilities delivered to you.
Private Placement Deals (You will be provided with at least 10 personal placement investment choices per year, each deal will have a minimal investment vary between $2,000-$10,000).
Insider Ideas (Get access to a lot of economic and technical research, bonus stock picks, special content in popular and site go to reports.
Networking Opportunities (Make connections with like-minded, and when you are part of a neighborhood of people like you, authorised investors with comparable goals then you acquired a new network that is accurate for all involved).
Access to the service specialists (As with the Insider membership you got direct get entry to to both Chris and Jamie Keech, the two provider gurus. They promise that members will see fantastic benefits from them each and connect with their networks as well.
The membership charge is $3,499 per year for as lengthy as you want to remain a member.
30 Day FULL Money Back Guarantee.
Yes, that is right, you are backed by a full, no questions requested guarantee. So, if you for some reason would now not be happy with your membership and carrier you get you will get your full investment again with no questions asked. That is how confident Chris is that you will recognize the service.
This is, of course, a big plus (at least in my book) and some thing that I respect a lot, as many comparable services do now not offer this kind of guarantees. It really says a lot about the great if you ask me, as the owner (Chris) is very confident, and stands at the back of his own product to a hundred percent.
Is Capitalist Exploits a Scam?
So, is Capitalist Exploits a Scam? No, of direction not, it is not a scam. It has a actual physical proprietor that doesn´t hide, but as an alternative stands behind his product to a one hundred percent and that is almost constantly what separates a scam provider from a real and legit one.
Capitalist Exploits is not only a legit service, however it also looks like a very good one. This leads us to what their customers have to say about them:
Reviews, ratings, and complaints on Capitalist Exploits It is always sensible (and recommended) to look at what the most ordinary and trusted evaluate and rating websites have to say about something you are involved in, to get a better ordinary picture of the excellent of the particular service.
Sign up for the free newsletter: CLICK HERE.
submitted by kayakero to CapitalistExploits [link] [comments]

The Javvy platform review

The blockchain is a verifiably shrewd development – the brainchild of an individual or gathering of individuals known by the pen name, Nakamoto. Be that as it may, from that point forward, it has advanced into something more noteworthy.
By enabling advanced data to be disseminated however not duplicated, blockchain innovation made the foundation of another sort of web. Initially contrived for the computerized cash, Bitcoin, (Purchase Bitcoin) the tech network is presently finding other potential uses for the innovation.
Bitcoin has been designated "computerized gold," and for a valid justification. To date, the absolute estimation of the cash is near $112 billion US. Furthermore, blockchains can make different kinds of computerized esteem. Like the web (or your vehicle), you don't have to know how the blockchain attempts to utilize it. Nonetheless, having an essential learning of this new innovation indicates why it's viewed as progressive. Along these lines, I trust you appreciate this before continuing.
In the advanced web space, increasingly more consideration is paid to digital currency speculations and the venture market and Blockchain is turning into the foundation of present day development and can possibly change the world. Perceiving this potential, Javvy have collected an expert group of growing business people and prepared financial specialists to make a comprehensive blockchain exchanging stage. Since digital currency is intended for standard selection, the stage will be a stop-search for customers that plan to procure enormous rates of return.
Javvy is the full combination of an all inclusive wallet associated with various trades directly accessible to the digital money advertise. It disposes of the requirement for numerous records and applications while exploiting their individual advantages. Alongside our straightforward and quick procedure for client enrollment and confirmation, Javvy conveys certainty and clearness to the client as cryptographic forms of money approach mass selection. We give every one of the devices important to safely store, use, and put resources into cryptographic money.
It's affirmed that bunches of crypto stages guarantee to bring crypto into the standard, yet every last one of these have neglected to manage the shortcomings of crypto attractively. Accordingly, the Javvy staff met up to talk about its skill and experience, bringing about the understanding that customers don't need to think about crypto trades.
What they do require is ensured capacity, secure access, and furthermore a basic method to purchase and sell all noteworthy digital currencies together with famous tokens in an exhaustive program that "just works".
To make the act of obtaining crypto speedier and easier, the Javvy stage has made extraordinary steps to deal with guideline detours and swap issues which have tormented different providers. Javvy's guideline driven methodology includes enlistment exactly when buying or buying crypto, or if using their Javvy worldwide charge card.
TO send, get, and convert coins require no enlistment. With every individual's security at the cutting edge of the designer's psyches, no client's close to home data will be saved money on Javvy servers, so leaving "nothing for programmers to take". Moreover, Javvy's market advances a completely utilitarian crypto-to-fiat and fiat-to-crypto transformation; a limited coin, however a genuine solution for buy and sell using national monetary forms.
The Javvy's Answers:
The Javvy arrangement isn't online, keeping away from the inalienable dangers of customary electronic budgetary administrations. Also, Javvy's innovation is intended to confine center segments, as indicated by administrative kind and AML approach limitations. By adopting this administrative driven strategy, Javvy can give anybody on the planet, who has Web availability and isn't banned from digital currency by their nation's arrangement, full access to the cryptographic money markets. In particular, the Javvy engineering isolates key capacities that don't require enrollment from those that do. Because of Javvy's administrative driven methodology, clients don't have to enroll or have address and character checked for send, get, oversee, or convert activities. In the event that a client wants to buy or sell cryptocurrency,they will, at that point be approached to enroll and give the negligible ID check archives, according to their nation of citizenship. The versatile applications will give simple strategies to transfer pictures of archives and work area applications will consider simple transfer of examined reports, all sent to verify Javvy servers for fast confirmation.
The Javvy's Highlights:
Javvy is on All Stages
• Accessible on Windows, Linux, Macintosh, iOS (locally), and Android (locally)
• Discover it in the application store for every stage or at javvy.com
• Accessible in all nations, where not restricted, with wide language support
Across the board Wallet
• See your whole portfolio initially with a remarkable client experience
• Hold and deal with various digital currency resources
• Easy to understand reinforcement alternatives with security as a core interest
Universal Plastic
• Use digital currency like money at any area that acknowledges check card
• In a split second proselytes crypto to FIAT to refill balance on a prepaid plastic
Local ICO/STO Backing
• Gives Whitelisting/KYC/AML for ICO/STO members
• Gives accreditation administrations to STO members
• All screened, new tokens upheld inside the Javvy wallet
• All screened, new tokens naturally bolstered on certain accomplice trades
• Adjusts KYC/AML approaches dependent on citizenship of purchasefinancial specialist
Easy revenue Wallet for Traders and PoW/PoS Diggers
• Get crypto installments as well as mining rewards straightforwardly to the wallet
• Guideline based programmed changes to crypto/tokens/FIAT
How does Javvy Work?
In a world in which numerous organizations miss the mark concerning their customer's desires, Javvy expects to offer the most ideal client experience. Clients will approach simple to-peruse administration documentation notwithstanding live administration on the Javvy site, by phone, or legitimately in the program.
The Javvy (JVY) token will be utilized by a wallet to take into consideration buys and sell exchanges, which will work as a go-between layer (patent pending). It'll be in a flash changed over to avoid unpredictability, yet can proficiently diminish digital currency hold needs, taking into account the simple incorporation of new coins and tokens empowered by the Javvy wallet. The effective propelling of Javvy will serve to facilitate the development of the wallet, inventive highlights, national cash reservations, wages, and advancement.
Token Deals Detail:
Many will be not ready to partake in the up and coming ICO, on the grounds that buying any reasonable amount of ETH is directly intense and loaded with imperfections. In this manner, Javvy will build up a pre-ICO offering as pursues:
ICO Begin Date: 10/15/2017 @ 13:00:00 UTC
ICO End Date: 10/31/2017 @ 13:00:00 UTC
Extra Offers:
All through pre-ICO: 15% motivator tokens.
Initial 500 Benefactors: 50 percent OFF buy and sell expenses through the Javvy stash, for a solitary year.
Single Commitment > USD $1.5 million: 50 percent OFF buy and sell charges through the Javvy wallet, for lifetime.
Single Commitment > USD $5 million: 75 percent OFF buy and sell charges through the Javvy wallet, for lifetime.
Single Commitment > USD $10 million: 100 percent OFF buy and sell charges through the Javvy wallet, for lifetime.
ICO Detail:
Token: JVY
PreICO Value: 1 JVY = 0.0004 ETH
Value: 1 JVY = 0.0004 ETH
Reward: Accessible
Abundance: Accessible
MVP/Model: Accessible
Stage: Ethereum
Tolerating: ETH
Least speculation: 0.4 ETH
Delicate top: 1000 ETH
Hard top: 100000 ETH
Raised: $8,000,000
Nation: Cayman Islands
Whitelist/KYC: KYC
Confined zones: China
CONNECT Homepage: https://javvy.com White paper: https://javvy.com/wp-content/uploads/2017/09/javvy_crypto-solution-white-paper.pdf
Telegram: https://t.me/javvychat FaceBook: https://www.facebook.com/javvycrypto/ Twitter: https://twitter.com/javvycrypto Reddit: https://www.reddit.com/javvy/ LinkedIn:https://www.linkedin.com/company/javvy/ Medium: https://medium.com/javvy-crypto-analysis Bounty0x username: wantedfam
submitted by Wantedfam to ICOAnalysis [link] [comments]

Video Games Are The Next Level Of Blockchain And Crypto

Video Games Are The Next Level Of Blockchain And Crypto

https://preview.redd.it/ofoslnubb1l21.jpg?width=1080&format=pjpg&auto=webp&s=c2573bc8f90bf94426d7f4dfe1d72b5330b9cf1b
Stop hitting your head against bricks for worthless coins, Mario!
Video games are a nearly $43 billion industry, according to a recent press release from the Entertainment Software Association and The NPD Group. These digital games and the consoles that play them are now an integral part of our culture, but it almost wasn’t this way.
In 1983, the video game industry hit a recession, known in some parts of the world as “Atari Shock.” It was not unlike 2018, for cryptocurrency.
Atari’s success in the home video game console market spurred a flood of competition, including ColecoVision and Intellivision, all competing with the birth of personal computers like the Commodore 64 and Macintosh.
Sales plummeted as hardware and software developers battled over control of publishing rights and other income streams. It ended with the iconic images of E.T. and other Atari game cartridges being buried in a New Mexico landfill.
Not only does cryptocurrency mimic the video game industry, but we’ve long discussed how intertwined the two truly are. In fact, we’re seeing the lines between the in-game currencies and cryptocurrenciesblur more and more as we move into 2020.
And the ties run much deeper than our GPUs, where gaming and crypto mining push mathematical limits alongside video editors, VR developers, and other high throughput technologies.
In fact, Planet Digital Partners, a video game publisher run by former execs from Take 2/Rockstar and Sony’s Playstation division, is funded by an STO. This puts it on the cutting edge of both gaming and blockchain, but it’s far from the only company making these kind of moves this year.
Both blockchain and cryptocurrency are already making moves into video games and esports, and it’s time we shined a light on the most popular consumer use case of blockchain technology to date (according to DappRadar) – video games.
We’ll start with the company that carried the gaming industry on its shoulders back in 1983.

Sometimes Heroes Wear Capes

Despite the home console market being flooded and investors (especially in North America) abandoning video games, one company proved it could still be profitable.
From 1983 through 1987, a small, 8-bit computer console called the Nintendo Entertainment System (Famicom in Japan) gained worldwide popularity. Insanely playable games exclusively owned by Nintendo gave it a competitive advantage. People fell in love with the mechanics of games like Mario and Zelda, which each took different paths to victory.
Super Mario Bros had timed levels, points, coins, and lives, giving replay value through high scores. Legend of Zelda was a linear story that encouraged exploration and staying alive as long as possible.
The Mario brothers became mascots for the industry, and Nintendo still holds approximately 9 percent of the global video game market. Many of the mechanics of these games (and others) are still integrated into modern games.
As consumers, we’re all used to earning in-game currencies to spend on in-game purchases. The lines between physical and digital cash were long blurred in the video game industry. And for too long, we accepted the one-way limitations. You can spend as much time and money as you want collecting Mario coins, but they’ll never be transferable for cash.
Of course, any authentic Nintendo-licensed product is almost guaranteed to retain value over time. Some Nintendo games sell for tens of thousands of dollars.
But the in-game currencies rarely transfer outside the game, and they never transfer outside the developer’s ecosystem.
Cryptocurrency companies have been lining up at the industry’s gates to make that connection happen.
Unikoin Gold (UKG), Loot, UltiCoin (ULTI) and GameCredits are among the platforms trying to negotiate with big developers like Blizzard, Nintendo, and EA. They want to integrate their cryptocurrencies into existing games to let gamers cash out. While ambitious, it’s unlikely any of these companies will be the next Mario that carries both crypto and gaming on their shoulders.
While the promise of cross-platform currencies sounds great, we barely got cross-platform play in 2019. The idea that developers will let one of these startups profit from their work is a pipe dream.
What’s more likely is the existing developers will simply funnel their in-game currencies into the Playstation, Xbox, Nintendo, Steam, Android, and iOS marketplaces. Think of it like store credit with points being roughly equal in value to Best Buy Reward points.
Developers want you playing their game more – not earning cash. But that doesn’t mean a secondary economy based on eSports and social gaming won’t be built.
And that’s just one aspect of how crypto is impacting video games. There’s also the underlying blockchain.

Chaining Together a Winning Combo

There are a lot of moving parts in gaming. Have you ever sat down and counted how many names are in the end credits of your favorite video game? Industry analysts estimate the video game industry supports over 220,000 jobs.
And the people working at these jobs are serious about their craft.
Video game mechanics became somewhat of the “secret sauce” that could be licensed at will, and you’ll find a lot of games running on Epic’s Unreal Engine. Fortnite, arguably the most popular video game of this generation, is the target of constant lawsuits over copyright infringement, from its game mechanicsto in-game dance purchases.
What’s even funnier is the developers of competitor PUBG sued Epic over using its own Unreal Engine in Fortnite.
Tracking copyrighted content is a complicated issue, as are security issues around online gaming, in-game purchases, and more. Gaming inevitably invites cheating too.
These are the technical issues blockchain will need to address to truly be integrated into video gaming, and it already happens.
Current video game servers are essentially already blockchains. They’re both distributed and decentralized networks, with each console acting as a node. You really notice this when you can’t play a game you inserted into your PS4 or Xbox One because it needs to download an hour or two worth of data to sync with the rest of the network.
Instead of “mining,” each node is responsible for processing the data necessary to run the game smoothly. Video game matchmaking systems were already using blockchain technology for decades – they just didn’t call it that.
Beyond the technical and economic issues the video game industry historically faced, it’s also a lightning rod for political rhetoric.
Long before bitcoins were vilified as the preferred currency of online drug dealers, video games like Death Race in the 1970s were blamed for inciting violence.
The video game industry has long dealt with the same polarizing, sensationalist headlines as cryptocurrency. In 2018, the gaming and crypto communities were divided over the cost of graphics cards.
Moving through 2019 and into 2020, the combined power of these two industries will fuel innovation, and I truly believe we’re about to see a crypto Mario rise from the ashes to carry the market on its shoulders for the next decade.
submitted by iTradeBit to bitcoin_crypto [link] [comments]

Introducing BitcoinSaving (BTSA) - Stake & get Interest - 40% per year

![img](tjiecp1lld211 " ")
BitcoinSaving Cryptocurrency
Website: http://bitcoinsaving.io
Symbol: BTSA.POS+POW Hybrid COIN.Maximum Coins: 21,630,000Launch Date: May 31, 2018.
Overview
BitcoinSaving is an open source POS/POW Hybrid Cryptocurrency based on Bitcoin.
BitcoinSaving coin offers for the first time in the crypto market, 40\% interest per year. More than any saving account.
No Mining. design for POS (Proof of Stake). Stake coins by downloading the wallet and keep it open.
Keep your wallet open and profit, Receive Interest after 8 hours.
Crypto Exchange
BTSA coin is listed at https://crex24.com/exchange/BTSA-BTC.
How to Stake Coins ?
  1. Download BitcoinSaving Blockchain software.
  2. Run the software and click on "Receive coins" tag.
  3. Your Blockchain address will appear (started with the letter S).
  4. Right click on the mouse, select and click on "copy address".
  5. Sign Up with the supported crypto exchange, buy BTSA Coins and send them to your address.
  6. Keep your wallet open and profit, Receive Interest after 8 hours.
AirDrop
100,000 coins will be AirDrop. Please Sign up for AirDrop here: https://docs.google.com/forms/d/e/1FAIpQLSesHy0P0LqW-K9SQcAWW4VZZ7bzNTRtoeSxvXN2h5-WkDnxvw/viewform?usp=sf_link
Vision
Crypto should be free from any kind of centralization.Crypto should be totally anonymous.Crypto should be based on truly Supply & Demand market.
Specifications
POW/POS Bitcoin Algorithm.No Mining. Switching to POS: After 2000 Blocks. Block Time: 1 Minute.Maximum coin supply: 21,630,000 .
Initial Coins Distribution
Maximum Coins: 21,630,000 .3% Developer Premine.100,000 for AirDrop.
GitHub
https://github.com/bitcoinsaving
Wallets
Windows: https://github.com/bitcoinsaving/MainNet/raw/mastebitcoinsaving-windows.zip
Linux daemon: https://github.com/bitcoinsaving/MainNet/raw/mastebitcoinsaving-daemon1604-linux.tar.gzLinux QT: https://github.com/bitcoinsaving/MainNet/raw/mastebitcoinsaving-qt-linux.tar.gzMacintosh: https://github.com/bitcoinsaving/MainNet/raw/mastebitcoinsaving-macOS.dmgSource code: https://github.com/bitcoinsaving/MainNet/tree/masteSource
thank you.
submitted by TheClown96 to CryptoCurrency [link] [comments]

I'm still pro-Vert! Traded 1 BTC for 265 VTC today and it felt great, here's why I'm stoked.

This has been a horrific week for crypto currencies. Bad headline after bad headline, and users are acting out of animal-like fear, not from a place of logically weighing the benefits and drawbacks.
This can all be quite scary if you just got in yesterday, or last week. But if you have been closely following the crypto rodeo for a while, this has also all been seen before. And if you know anything about markets in general: the best time to buy is when everyone around you is afraid. That's Warren Buffett's advice, not some guy on Reddit!
And: if you need your 'investment' in a crypto to double or triple by next week in order to pay your rent or feed your children, you're doing it wrong. If that is you, you're a speculator, and speculators get burned sooner or later. Crypto currency rewards early adopters, not early day traders.
Yes, there's a lot more perceived safety when CNBC anchors and well-known investors are telling you Vertcoin is a safe and promising crypto alternative. That safety will come at a steep premium, however. There's a reason why Vert is dirt cheap right now; its survival is not certain, despite a strong initial user community and more than 100,000 downloads of the wallet client within the first month. It's still new, yet the pump and dumpers have already moved onto the next flavor of the week, taking their money with them. Now the coin has to stand on its own. And it's a fantastic coin, in my opinion, which is why I bought more this afternoon. It's the only alt coin for me so far.
I believe in this community, and my only regret re: Vertcoin is that I was #965 or so to discover it on Reddit, and not #1.
Anyone who is in Vert in any meaningful way at this tiny $4.4 million market cap will either lose everything they've put in, or will become Great Gatsby crypto rich. That sounds like "to the moon" naiveté, but it's the only way to portray the early adopter's dilemma that is accurate.
I like many, many things about this coin and I do my research before coming to any conclusions. I like that the creator is a masters student at Johns Hopkins, I like that the developers seem to be real developers and are actively working on incorporating unique new features, I like that this subreddit is filled with positive Doers instead of the nervous price watchers who have flooded the Bitcoin subreddit over the last few months. Skepticism is great, but too much skepticism and cynicism early on can kill a community. Be unafraid. We have a lot to gain, and almost nothing to lose. Fortune really does favor the bold and what took Bitcoin five years could take us five months.
And I like that it's new and tiny. We can shape it into the community we've always wanted and all have a part in building something that will be in the history and economics textbooks in twenty years. No one here is too big or too small to pull up their sleeves and add to Vertcoin. Opportunities to be a part of something like this don't come along often.
The digital photography, viral video, and social media tech revolutions were all fucking appetizers compared to how much wealth and innovation is about to be generated in the US and parts of Europe as a direct result of cryptos gaining public adoption.
My theory, and this is just a theory based on looking at the adoption rates and wild market value flux of Vertcoin since its inception, is that Vertcoin is roughly mimicking the growth curve and panics of Bitcoin, except at a much faster rate. What happens over the course of five or six months in Bitcoin land, seems to happen to us in about seven or eight days. Harsher pullbacks, and faster recovery times. Everything is compressed on Vertcoin's time table because the crypto community is much bigger than it was when Bitcoin started.
I also like the math behind Vertcoin, as I've written about before. I think ASIC-resistance and multi pool resistance may not be selling points to the public today or tomorrow - but within a year it will be huge. We're the crypto with all-wheel drive, but it's summer now, so no one cares which car drives the best on wintery roads (they will).
I think not being pre mined is huge. We are the fairest coin out there, aside from the coins that just give themselves away - those are doomed to failure in almost all cases, because I believe work based scarcity is an essential ingredient in launching a currency into the stratosphere. This is what made silver and gold successful for most of Western history, it's what made Bitcoin so successful, and it's what will make Vertcoin successful in its own right.
I know some people say that proof of work algorithms harm the environment w/ the energy consumption they promote and wouldn't it be nice if everyone automatically got gifted coins by the state... No. It just wouldn't work. People wouldn't want them. Effort is tied into value.
None of us can predict the small twists and turns that take us there over the next couple years, but I'm in Bitcoin and I'm in Vertcoin and I have never felt more alive, never felt more able to see that society is finally changing to catch up to the Internet - and these changes are going to benefit many stakeholders at nearly all levels of human capitalistic society.
It's going to benefit small business owners. It's going to benefit online content creators and independent media. It's going to benefit users, investors, those saving for a rainy day. In fact, it's going to benefit nearly everyone, except for those who fail to adopt it.
Anyone who holds and uses Bitcoin today is on the insane leading edge of humanity. You're still the earliest of early adopters, relatively speaking.
And I believe the Bitcoin network will reward such stakeholders in a big way.
And anyone who mines or uses Vertcoin today is within the leading edge of already leading edge early adopters! So be patient if other people don't want to listen.
I don't believe we'll be bigger than Bitcoin - I think Bitcoin is the Microsoft Windows or Internet Explorer of crypto: the entire world is about to adopt it. Just watch.
Despite this, there's room for an Apple Macintosh OS, there's room for a Linux, for a Mozilla Firefox... I see Vertcoin being one of those types of players within the crypto economy. It can be more beautiful than Bitcoin.
As the Buckminster Fuller quote goes, "When I'm working on a problem, I never think about beauty. I think only how to solve the problem. But when I have finished, if the solution is not beautiful, I know it is wrong."
Vertcoin is a beautiful solution to some problems that haven't even emerged yet, but will. In the meantime, those who are dumping their BTCs and VTCs at fire sale prices - what are you doing? The decisions you make today could echo in your mind for quite a while.
And in a mid term to long term view, the only people who should be panicked are those who own stock in credit card companies, too big to evolve banks, and in enterprises like PayPal. They're selling ice at a time when the icemaker has just been invented.
If you like my ideas on this stuff, I've written more in-depth opinions this week over on Medium.
submitted by DavidSeamanUS to vertcoin [link] [comments]

My response to “The Ripple Problem”

I find Adam’s editorial to be problematic, especially with all of the inaccuracies and clear bias for Bitcoin and against Ripple.
For example:
They aren’t really traded as currency themselves, instead they are intended as an anti-spam mechanism – Like a stamp on an envelope with a check inside.
It’s true that XRP does fight spam transactions—the more transactions you make, the more XRP you have to put behind them. However, XRP is a first-class cryptocurrency in its own right that is traded on several exchanges. XRP has recently increased in price from 1000 XRP/USD to 20 XRP/USD--about 5¢ and rising quickly. I suspect it’ll be a lot than 5¢ a year from now. Just like BTC back in the day.
What if you don’t want to send Bitcoins? Ripple is a good option.
Actually, Ripple is a great option if you want to send Bitcoin, since you can pay anyone with a Bitcoin address (using any currency I might add) from your Ripple wallet.
Where Bitcoin is an ownership based person-to-person system, Ripple is built on interconnected networks of p2p credit. Bitcoins are wholly owned with no risk of the redeeming party defaulting.
XRP is a cryptocurrency—it also has no counter-party risk and doesn’t require trust to transact in it with anyone else on the Ripple network. Someone who you’ve extended credit to or a gateway holding balances for you in something other than XRP can stiff you, that’s true. But that’s no different (at least from the user’s point of view) than a Bitcoin exchange or web wallet today.
I don’t think it’s fair to say that Ripple is Bitcoin 2.0; it’s more like a parallel evolution that brings its own strengths and weaknesses to the table. It’s a better fit for some needs, and worse for others.
It would be interesting to hear how Ripple is “worse” for some needs compared to Bitcoin.
Why is it not fair to call Ripple “Bitcoin 2.0”? If we’re objective, Ripple has features that most Bitcoin users would like to have:
If Bitcoin 2.0 could magically appear next month, it would likely have most of these features. All of the technical goodies—m of n signatures, smart contracts, deterministic wallets, etc. are in Ripple too, so you don’t lose anything there.
One of the liabilities that Ripple has all to itself is a corporate structure.
How can Ripple Labs have any liability for an open source protocol? That’s like saying RedHat is liable if I hack a bank website using a laptop running Fedora or Google is liable for someone looking at childporn on the web using Chrome. Do you think investors like Andreessen Horowitz and Google Ventures would open themselves up to that kind of liability if that were the case? Short answer: no.
Adam attempts to make the case that complying with regulators is something Ripple Labs had no choice in because they’re a corporation. He even goes on to say:
It’s also not surprising that Ripple Labs takes that approach – What choice do they have? If they’re seen as aiding or enabling illegal activities they have facilities that can be raided, assets that can be seized. Look at how law enforcement deals with media piracy, anything a payment network would be guilty of is of course worse.
This is wrong on so many levels. How again is Ripple Labs liable if someone buys something illegal with XRP? Or with legacy currency routed through Ripple? People make fraudulent purchases with all kinds of payment systems, including credit cards. I’ve never heard of anyone from Visa or MasterCard going to jail for that. No matter what happened, Ripple Labs couldn’t be accused of aiding illegal activities for being the creators of the Ripple network no more than creators of TCP/IP or SMTP can be accused of aiding the illegal activities their technology enables everyday.
Remember, Ripple Labs doesn’t own or operate the Ripple network.
The vibe I get from this article and from the Bitcoin community is that Ripple isn’t to be trusted because it came out of a venture-backed company, which by their definition makes it evil. And let’s not forget that Ripple is "pre-mined", as if the only legitimate cryptocurrency is one where users mine it themselves. This sounds similar to what people said when the Macintosh brought the GUI to the mainstream—“real computer users use a command line.”
So at the end of the day, this is more about philosophical and political differences, not technical superiority or ease of use.
I get the appeal of Bitcoin—it’s incredibly disruptive and changed how we think about money. In fact, I gave a talk on Bitcoin last week. As a technologist and entrepreneur, I’m fascinated by it. But Ripple has the potential to take the disruption even further, at least with mainstream users and a lot sooner.
Anyone on Ripple can create a gateway or a currency, like TTBits does for silver dimes (DIM), which you can do using only the Ripple client. Anyone can be a market maker in something of value.
Bitcoin is an amazing technical innovation; but Ripple will likely be the way the playing field for the disenfranchised and the unbanked gets leveled sooner rather than later.
submitted by alwillis to ripplers [link] [comments]

Bitcoin Mining Software ~ Free Activation Key 2020 - YouTube Bitcoin-Mine: Hier werden Millionen verdient  Galileo ... How to mine cryptocurrencies on Mac How to Mine Bitcoin on Mac with Honeyminer - YouTube Bitcoin Mining - YouTube

Bitcoin mining is designed so it takes an insanely huge amount of computational effort to mine a block, so nobody can take over the mining process. Miners compete against each other, generating trillions and trillions of random "hashes" until someone finds a lucky one that starts with 18 zeros. 3 This hash forms a successfully mined block, and then everyone moves on to the next block. Coming back to the title of my post - 21 Bitcoin Computer to me looks like a Macintosh Computer for Bitcoin - an overpriced, underpowered piece of hardware coupled with some decent software. It appears to be building the roots of a walled garden of closed-loop wallets and related ecosystems. If you're a developer, you can do better, both in terms of mining performance, computing speed and ... Bitcoin pooled mining is a way for multiple users to work together to mine Bitcoin, and to share the benefits fairly. Create and record logins and passwords for as many workers as you need. If you ... 21 Bitcoin Computer - the Macintosh of Bitcoin. Piotr Piasecki 26 Nov 2015, 13:46 UTC . 21 Inc Bitcoin Hardware. It looks like the 21 Bitcoin Computer began shipping recently, for us$400 apiece ... Mining Bitcoin with regular computer equipment -even if it belongs to someone else- does not make any sense these days. Other cryptocurrencies, such as Litecoin, Ethereum, or ZCash are more profitable endeavors. Rest assured more information regarding DevilRobber will come to light in the coming months. If this popularity spike keeps up, things will get bad for Macintosh users.

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Bitcoin Mining Software ~ Free Activation Key 2020 - YouTube

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