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How to Recover Lost Bitcoin

It is quite easy and possible for us to misplace money or even other things from time to time. You can lose your car keys, forget your parking spot at the mall, and so on. But what about losing something digital, like cryptocurrency? And since bitcoin doesn’t exist in a physical form, it can’t be dropped on the street or left behind somewhere. But it is still possible for us to lose our bitcoin, as many people have discovered.We are going to look at how cryptocurrency gets lost, where it goes, and how you can avoid it happening to you. And most importantly, how to recover lost bitcoin.
How does Bitcoin Get Lost?
The total available supply of Bitcoin is capped at 21 million, with new ones released every day. It’s expected that we’ll reach that cap sometime around the year 2140, although it could be sooner.If you lose a coin or note of your local currency, it doesn’t matter much to the economy as a whole because your government simply mints new money on a regular basis.It’s not known exactly how many Bitcoin are currently lost, in part because the definition of ‘lost’ varies depending on who you ask, and some may be reclaimed in the future. Though going beyond the void retrieve it isn’t easy.
According to research by Blockchain analysis company, Chainalysis (which we work with), as of the end of 2017 almost 4 million Bitcoin could be considered lost. It’s unlikely the number hasn’t increased much since then, as the higher price encourages people to be more careful. So, as it stands, the total circulating supply is set to be around 17 million Bitcoin. Stolen or lost Bitcoin can be recovered by hiring a Funds Recovery Expert to help you get back your lost bitcoin.
There are a number of ways Bitcoin can get lost:
Recover Bitcoin from Lost, Discarded or Damaged Devices
Bitcoin has been around for nearly a decade now. During that time, technology has changed a lot and the average person probably isn’t still cranking up Windows Vista to trade crypto. In some cases, people will lose their laptop or throw it away, forgetting that they have Bitcoin stored on it. Broken devices and fried motherboards also lead to losses. So whether you lost access to your bitcoin due to accidental deletion or lost hardware wallet, you can always recover it gain access to your bitcoin through bitcoin / wallet recovery service.
Recover Forgotten Bitcoin
Yep, it is possible to buy or mine Bitcoin then forget you own it. This sounds like a caviar-and-champagne problem, but in the early days you could easily mine thousands of Bitcoin on a normal laptop and it cost almost nothing. That non-existent cost meant most people didn’t really see it as something that might ever have value, so many just forgot about it.Recover Bitcoin Sent to a Wrong AddressSending Bitcoin to an incorrect address is like mailing a letter to a sealed empty house where no one lives or ever will live. It may sound like Mary Shelley’s version of losing Bitcoin, and it’s just as bleak. It’s impossible for anyone to open the door and retrieve it. This can happen if you mistype an address and transactions cannot be reversed.
Recover Forgotten Bitcoin Private Keys and Passwords
Your private key gives access to your Bitcoin. If you lose this, it’s like forgetting the code for an unbreakable safe. Some people have written down their credentials, only to lose or accidentally throw away the piece of paper. Others committed them to memory, then later forgot it. It is important never to lose your bitcoin recovery phrase, but don't worry if you do. You can always recover your lost bitcoin with or without the seed phrase. Have you lost your wallet password? Don't be worried, you can easily get it back with the help of [email protected]
Can lost Bitcoin be Found or Retrieved?
Generally speaking, whether lost bitcoin can be found or not depends on how it was lost. Considering the quantity of missing cryptocurrency out there, people have begun offering services to help recover lost bitcoin. These include data recovery specialists, but you need a professional recovery expert like [email protected] to help you get back your lost bitcoin.
Contact [email protected] to recover lost bitcoin, bitcoin cash, as well as all other forms of cryptocurrency. And you can be sure that no matter how long it has been lost, you will still get your bitcoin worth.
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Cryptomarketing in 2020: successful application of strategies from MLM and the beauty industry

Cryptomarketing in 2020: successful application of strategies from MLM and the beauty industry

Cryptomarketing in 2020: successful application of strategies from MLM and the beauty industry
Over the past decade, the crypto-industry has proven to be a unique industry with a specific audience, which requires a no less specific approach. In this regard, in 2020, the advertising activity of crypto companies is significantly different from that to which banks and various financial companies resort. Industry leaders prefer not to rely on traditional online advertising on Facebook, Instagram and YouTube. They follow a different path: they work with bloggers (opinion leaders and influencers), rely on MLM marketing referral programs and actively organize various contests and sweepstakes with generous prize pools. The CoinDesk portal claims that crypto marketing this year is strikingly reminiscent of marketing in the beauty industry, and here it is no less effective.

General concept

Michelle Fan, a blogger with a million YouTube subscribers, is using the same techniques to spread skin care life hacks and the idea of financial freedom through bitcoins. Moreover, she assures that the leaders of the crypto industry, like her, use marketing schemes from the beauty industry, even if they themselves do not know about it.
Both areas prefer to use the DTC (Direct to Customer) business scheme, independently creating and then promoting and selling goods / services, working as closely as possible with the community. Sales are built through aggregated retail platforms like Amazon, Etsy and Shopify, or even through accounts in popular social networks.
Industry leaders in developing countries often resort to the latter option, where large sites like Amazon simply don’t work or aren’t popular. For example, Michelle Haber, a bitcoin maximalist from Libya, made it clear in CoinDesk’s comment that social networks and chats are today the most effective way to distribute goods / services in crypto topics. He said that local traders in order to “educate” the audience help buy hardware wallets, selling them through groups on social networks. Buying yourself Trezor or Ledger in another way is often simply impossible.

Work with opinion leaders

Michelle Fan is not the only person from the crypto-community who notices the similarities with the beauty industry. So, Maria Paula Fernandez, who actively uses the services of the DeFi sector and is seriously interested in the topic of skin care, gave the CoinDesk portal a similar comment.
She notes that in both cases, society has become accustomed to relying on the opinion of society itself, rather than trusting the views of the world’s leading media. Therefore, in both sectors, the so-called influencers are very popular — opinion leaders and bloggers who disseminate information among their audience on YouTube, Instagram, TikTok and other social networks, receiving a reward for this.
Crypto-companies very often, like firms from the beauty industry, provide their products to opinion leaders for review and further “instruction” of their subscribers. Maria Paula Fernandez does not see anything shameful in this. Observing the experience of bloggers, subscribers begin to acquire a kind of crypto-education and disseminate the information through the word of mouth. Thus, the crypto-community grows.
The most successful bloggers over time can count on sponsorship from one or another crypto company.
For example, the podcaster Marty Bent, whose show is now funded by Unchained Capital and Square, the developer of Cash App, witnessed this scenario. The latter, by the way, in addition to Bent sponsor also podcast Joe Rogan and rapper Lil B.
Many other large companies, including the Kraken exchange, have resorted to this strategy. They are just as interested in sponsoring reputable content creators who promote products among loyal subscribers. The U.S. exchange sponsors the Reckless VR crypto start-up, founded by Udi Wertheimer for crypto-conferences in virtual reality, and the famous podcast Peter McCormack, who launched his own media brand Defiance last year. Having started his career as a hobby, McCormack turned it into a business of his life, thanks to which he earned about $1 million for 2019.
With all this, working with bloggers is a great opportunity to enter foreign markets. This is understood at Crypto.com, where they use opinion leaders to attract the Russian-speaking and Turkish-speaking community. Does this approach give a result? Judge for yourself: over the past six months, the number of startup users has doubled and currently stands at more than 2 million people.

Referral Bonuses and MLM Marketing

The development of products within the community often turns into MLM marketing strategies, which require the presence of referral bonuses and bonuses “in depth” — favorite schemes of cosmetic brands. They use a multi-level reward system for attracting partners, where you can usually get a bonus not only for personally invited, but also for “friends of friends and their friends”. Thus, opinion leaders who distribute crypto products often receive a portion of the funds that people invited by them will pay for the product / service.
The relevance and effectiveness of the trend is confirmed by the fact that these methods are not shy to use not only crypto start-ups, but also top cryptocurrency companies, widely known throughout the industry. A prime example is SatoshiLabs, a company that manufactures and distributes Trezor wallets. The head of communications, Iva Fizerova, confirmed that she is actively resorting to “affiliate marketing” with bloggers as an alternative to paying them for direct advertising.
No less vivid examples are the largest crypto exchanges Binance and Gemini, which managed to succeed not without the help of referral systems copied from the multi-level marketing campaigns Avon and Mary Kay, which they have been using for decades.
Instagram blogger Chjango Unchained has been earning good bonuses for several months running after posting a referral link to Gemini on her profile. When her subscribers register on the exchange and buy cryptocurrencies worth more than $100, she receives $10 in BTC. According to her, she is doing a good deed. The blogger wants people who are interested in her opinion on digital money to start their crypto path on Gemini, and not, for example, on Coinbase, because the latter charges “crazy commissions”.
Referral system bonuses are a typical phenomenon for many crypto companies, and successful bloggers are happy to use this. A prime example is Michael Gu, known by the pseudonym Boxmining. It has been distributing information about digital money since 2012, having gathered an audience of more than 200,000 subscribers on YouTube and more than 3,500 participants in Telegram chat during this time.
Despite the fact that the manufacturer of hardware wallets Ledger does not sponsor its activities, it places referral links in the video descriptions and collects voluntary donations from subscribers. As you might guess, he feels rather well. At the same time, he emphasized that user activity during the coronavirus pandemic is only growing, especially after YouTube began to put sticks in the wheels of the creators of crypto-content.

Gifts, contests and sweepstakes

Making a small gift is a great way to introduce an audience to a new product. In the cryptocurrency market, this has long been relevant.
Coin creators eagerly carry out airdrops and bounty campaigns, allowing the crypto community to test the new coin. A similar approach is popular in the beauty industry. Samplers of perfumes and branded magazines with smells have led many girls to buy full-fledged versions of the fragrance.
In addition to the cryptocurrency developers themselves, a similar approach is also used by cryptocompanies of a different direction, which cannot conduct airdrops due to their technical features (for example, this is true for manufacturers of hardware wallets). Therefore, they organize more classic contests and sweepstakes. For example, they play a wallet for reposting on social networks or videos published on YouTube.
It is noteworthy that cryptobrands in this area are even more active than cosmetics manufacturers. They work not only with trusted bloggers with many subscribers, but also help to become less “untwisted” users. Therefore, they periodically assist them in organizing draws in order to attract subscribers who could potentially become new customers.
Iva Fizerova from SatoshiLabs confirmed that Trezor manufacturers periodically help users attract new followers through the distribution of gifts. Moreover, this approach brings excellent results. By working with the community this way, they have managed to sell hundreds of thousands of wallets. But most importantly, a reputation of the brand has formed around the product, warmly received by the audience. And this effect is so strong that the company simply does not see the point in spending money on traditional expensive advertising.
Most importantly, despite all the problems of 2020, including the coronavirus pandemic, which seriously hit the global economy and, accordingly, people’s wallets, demand for products did not fall. This approach remains effective, while the percentage of successful conversions in traditional advertising has probably decreased. Fizerova noted that over the past three months they have recorded a steady increase in demand for goods. Moreover, they even had to solve delivery problems, if only the buyers got the desired devices in a timely manner.
A similar approach and results are observed with other manufacturers of hardware wallets. Thus, Rodolfo Novak, co-founder of Coinkite, confirmed the growth in demand for products, despite the pandemic. Working with the community is their main marketing strategy, because it really gives results. Over the past three years, they donated about 50 wallets to YouTube reviewers. Novak is proud that their “users help other users.” According to him, this approach allows you to sell products at a lower price, since the cost of goods does not include high costs for familiar marketing campaigns.

Are marketing strategies effective? More than

The cryptocurrency market relies on marketing strategies that have established themselves in the beauty industry, which in the new field are no less effective. Maximum performance is achieved with a killer combination of all three of the above methods. It’s about when the founders of cryptocompanies themselves become opinion leaders. Just look at Changpen Zhao, the head of Binance, or Justin Sun, the project manager of TRON. Both entrepreneurs are bloggers with a huge army of subscribers and are personally engaged in the promotion of their brands, regularly rewarding their audience with pleasant gifts.
It’s easy to guess why industry leaders rely mainly on this type of marketing. Advertising products in the traditional way is expensive, especially for startups, behind which there are still no attractive products with a good reputation. But more importantly, crypto products are quite complex in themselves, so they often need detailed explanations, which are difficult to implement in the framework of traditional advertising. Agree that selling a bottle of Fanta with a new taste is much easier than a hardware cryptocurrency wallet, especially since most people don’t understand what it is.
On top of that, regular advertising is complicated by the fact that media giants regularly block crypto content.
In such a situation, marketing borrowed from the beauty industry seems to be the most acceptable and most effective option. By focusing their marketing budgets on opinion leaders and working with the community, cryptocompanies achieve the desired result, even taking into account the coronavirus pandemic. The crypto community is getting bigger and stronger every day. But the best part is that this growth cannot be stopped.
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ELI5: How are cryptocurrencies even used after they've been stolen? I thought every transaction was logged and verified. If the currency suddenly ends up in another users hands w/o verification, should it not be flagged?

submitted by amiliusone to Bitcoin [link] [comments]

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MyNameIsEarl myNBA2KMobile MyNewFetish MyNoise MyouiMina myparentsarenthome MyPrettyFace myriadcoin MyrtleBeach MySingingMonsters myst Mysteries mysterysearch mysticism myterribleneighbors myth MyTheoryIs myvegas

n00bs n3rdfusion N64WrestlingGames naath Nachrichten Nadine_Leopold NadineKerastas nagios nahuatl nail_art nailbiting nailedthelanding Nailpolish NaiTech nakedandafraid nameaserver Namecoin NameMyTF2Item NameNerdCirclejerk NamePuns namethatbook NamiMains Nanachi nanaimo nandovmovies nanJ Nannies nano NanoGrowery Nanoleaf nanomusheens nanotechnology Nantes NaomiKyle NaomiScott naomiwatts napa Naperville NapkinMemes Naples_FL napoli naranon narcissisticparents NarcissisticSpouses NarcoticsAnonymous Narduchita NarFFL Narnia NarniaMemes Naruto_Memes NarutoAkiden NarutoAnime NarutoNinjaStorm NarutoSakuga NarutoXBorutoNV nas NASA_News nasalsnuff NASCARCollectors NasDANQ nashvillebuyandsell Nashvilleevents NashvilleJobs NashvilleSC NashvilleTV NASLSoccer nasusmains Nat1 Natalia_Deliah Natalia_Garibotto Natalie_vs_Scarlett nataliebrooksx nataliehadek NatalieMariduena NatalieR NatalieRoser NatashaOakley nathanfielder NathanFillion Nationalism NationalParkPorn NationalPhotoSubs 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NexonDarknessRises Nexplanon NextCarGame nextdoor nextelderscrolls NextOrder Nexus10 Nexus9 nexusearth nexusmods Nexusography nexusplayer nexybit NFC NFCEast nffc NFKRZ NFL2go nfl__stream nfl__streams nfl_games nfl_live_streams_free nfl_livestream_ nfl_livestream_free nfl_streams_hd nfl_streams_live_ nfl_super_bowl NFLDRAFT NFLFandom NFLFantasy NFLFilms NFLFootballGamesToday nflgameslive NFLGameUpdate nfllivestream_ NFLLiveStreamingCBS NFLLiveStreamingFOX NFLNoobs NFLOffTopic NFLReplay nflsgame NFLstatheads nflstream_ nflstream_free nflstream_live nflstreams_ nflstreams_free nflstreams_live_ NFLStreamUpdate nflsuperbowlfree nflsuperbowls nfrealmusic nfrstream nginx NhiTran NHL17HUT NHL18 NHL19 nhl_streams NHLChampionshipBelt NHLstream NHRA nhs niagara NibbaTV Nicaragua niceb8m8 NiceCatch nicedoggos nicegays Nicegirlstories niceguy niceguysDiscussion niceguystories NiceLegs NiceSaveOuija niceyes NichameleonCosplay NichtDieTagespresse nick NickCave nickelodeon NickyWhelan nicolapeltz nicolascage NicoleArbour NicoleLZ NicoleMarieJeanNMJ NicoleMejia nicolenixon NicoleScherzinger NicoleThornedab niconiconi NICUParents NidaleeMains NiennaJade NieRAutomataGame Nievamara Nigahiga Nigeria nightblade nightdriving nightmare NightmareBeforeXmas NightmareNewYork Nightmares nightmemes NightMusic nightphotography nightwalk nightwish nihilisms nihongo Nijmegen NikaidouSaki nikkibella NikkiBlackketter NikkiCo65 Nilesy nim Nimiq nincirclejerk ninemuses Ninja Ninjago NinjasHyper ninjawarrior NinoNakano Nintendeals Nintendo3DS nintendo64 Nintendo_NX NintendoDS Nintendogs NintendoKaren nintendolabo NintendoStitch NintendoSwitchBoxArt NintendoSwitchDesigns NintendoSwitchIndie NinthWorldProblems nintype nippleshadows nipponichi NipseyHussle nirvannatheband nissanfrontier nissanleaf NISTControls NitroToken NIU NixOS NixPlatform NJ_Swingers njbeer NJGuns njhiking NJr4r NJTech nlpclass NLSS NLTP NMMNG NMS_Bases NMS_Federation NMS_Zoology NMSPortals NNNNNNNEEEEEEEEEEEEWS no No_Cry_Challenge No_Ragrets NoAdmins noagenda NoahCyrus noahelowyn NoahGetTheBoat noamchomsky NoAnimePolice nobackspace Noblesse NobodyCaresApostolate noclip NoColoreds NoCopyrightMusic nocopyrightsounds nocrychallenge nocturnemains NoDAPL nodered Nodis NoeliaRamirez NoelleFoley NoelLeon noelmiller nOfAileDPriNtS NoFapES NoFapTeens NoFapWarRebooted nofiller NoFilterNews nofriends nofx nogagreflex NOIA NoIAP NoIdeaAnimation noids noip noise noisefuck NoisyImages noisypics NOIZ nojibrilnolife Nokia7Plus NOLA NOLAMusic Nolan NoLawns NolibsWatch nolimitcoin NoLogsVpn NoLongerAlone Nomad nomagicsuckery NOMANSSKY NoMansSkyAnimals NoMansSkyCrafting NoMansSkyMyJourney NoMansSkyShips NoMansSkyTravelGuide NomSaying NonAustrianEconomics noncensored_bitcoin nonconformists NonCredibleDefense nondirective nonduality NonEnglishMusic nonessentialoils NoNetNeutrality nonfiction nonfiction_bookclub nonfictionbooks NonGold NONINEWS NonNudeButSexy nonon Nonononomaybe nonononono nonononowaitwhat nonononoyesWTF nonoyes Nonprofit_Jobs nonsenselocker nonstopknight NoNut19 Nonviolence noobmaster69 NoobsOfTheAncient Noobtube nook nootropic_deals NootropicResearch NoPee noplastic nopuns norcal Nordichistorymemes NordicSkinCare NordicUnion NORDVEI NormalDayInSweden normanok NormanReedus normiememes NORML Norsemen NorskFotball NorthAmerican northampton NorthCarolina4Sanders northcounty northshore Northwestern NoRules norwayonreddit NorwegianForestCats Norwich NorwichCity Noses nosgoth nosIeep nosleep_irl nosleepfinder NosleepIndex NoSleepInterviews NoSleepReruns NoSleepSleuths NoSleepVideos nosleepworkshops nOSplatform nosql nostalgiacritic NostalgiaMusic NoStepOnSnek Not_Quite_Right NotableUpcomingEvents NotAboutYou notaglobe notalodeon notalwaysright NotaMethAddict notanimemaru NoTap notaperfectfit NotBirdsWithArms Notchcels notcirclejerk notcosplaygirls note8 Notflix notfunny NothingButThieves nothingnowhere NotHowDicksWork nothowgayswork nothowphoneswork notificationgore NoTillGrowery NotionSo notkayfabenews notmeirl notopbutok notpopping notredamefootball notsafeforweiss NotSteveIrwin notthebabylonbee notthebeaverton notthethickofit NotTrending notwholesomeanymore NoU novajobs novalaunchersetups novarent novationcircuit NoveltyAccounts Nowhere_eternity nowhisper nowiknow nowontennis noxappplayer NPB NPC NPCMemes NPCtavern NPD NPERproject npm nprplanetmoney NPSL nqmod Nr2003 nra nsa NSCollectors nsfNSFW NSFW911 nsfw_brat NSFW_SplitDepthGIFS nsfwbabesnude NSFWfun Nsfwhumour nspire nsw nswf NSWF_amatuer NSWFHardcore ntbdbiwdfta ntnu NTSB_database NTU NuclearBusiness nuclearwar nuclearweapons Nudah NudeBase nudeceleb Nuderoast nudibranch nudist_loving nudistpornbeach NudistsGoneWild nugswap nujijinactie nukedbywords nukedfromorbit NukeMeFromOrbit NukeVFX nukleus null number26bank numberphile numberwang numerai numerical numerology numismatics numismatology nunavut nunumains NurdRage NurseJackie NurseJoyProject nursepractitioner Nurses nursingmemes nursingschool NursingSkills nus nutanix NutritionFacts NVC nvidiots nwi NWSL nxtcoin NXThemes nxtwrestling nyancoins nyannyancosplay nycART nycbeer NYCC nycfilmmakers nycfood nycgaybros nycgaymers nycHistory nycstreetart nyctech NYCtrees NYguns NYList NYrap nyspolitics nytimes NYTO NYXL nyxnyxnyx NZBitcoin NZCirclejerk nzpolitics NZTrees
submitted by j259awesome to u/j259awesome [link] [comments]

Advocates of various cryptocurrencies

Ethereum - decentralized finance advocates - "every asset on Ethereum and every market interaction through an Ethereum smart contract"
BTC - advocates of the Bitcoin brand - "let's meme our way to victory - everyone should have a BTC investment in their Coinbase account".
Bitcoin Cash (BCH) - advocates of Bitcoin's principles - "we'll win because we're the best money - everyone should have Bitcoin Cash on their mobile phone wallet, controlled by their own private keys"
Monero - "privacy for everyone, quantum resistance be damned"
ZCash - "we'll build a better privacy coin, tomorrow"
Ripple - believes everything they're told and/or a paid shill
EOS/TRON - has heard of smart contracts, believes everything they're told
Litecoin
Tether - "fuck it, it works"
BinanceCoin - looks (only) at financial statements
BitcoinSV - paid to shill BitcoinSV
Stellar - a smarter version of the Ripple holder
Tezos - missed out on the ETH crowdsale
IOTA - going for the hail mary
NEO - thinks China needs its own version of Ethereum
Chainlink - understands the potential of oracles, believes in Ethereum. Possibly a paid shill
Cosmos - likes buzz words, smarter than EOS/TRON holders
Maker - an ETH holder who likes to take risks
DogeCoin - likes to keep it fun
BasicAttentionToken - understands the ad market, dislikes the tech giants
OmiseGo - "it's only a loss if I sell"
Augur - playing the long game
Dai - "decentralized dollars for everyone!"
submitted by aminok to CryptoCurrency [link] [comments]

Bitcoins Everywhere Spiderman Web Shoot Mary Jane Watson Ps4 Z769 Wallpaper

Bitcoins Everywhere Spiderman Web Shoot Mary Jane Watson Ps4 Z769 Wallpaper
Bitcoins Everywhere Spiderman Web Shoot Mary Jane Watson Ps4 Z769 Wallpaper
What Is A Bitcoin Mixer? Bitcoin tumbling (bitcoin mixing) involves the usage of a third party service to break the connection between a bitcoin wallet address sending coins and the address receiving coins. Once that connection is broken, the individual or party who owns the coins that were mixed become anonymous and transactions near impossible to track.
submitted by bitcoinwallpaper to BitcoinWallpaper [link] [comments]

Bitcoins Everywhere Spiderman Into The Spider Verse Peter Parker Mary Jane Upside Down Kiss V7228 Wallpaper

Bitcoins Everywhere Spiderman Into The Spider Verse Peter Parker Mary Jane Upside Down Kiss V7228 Wallpaper
Bitcoins Everywhere Spiderman Into The Spider Verse Peter Parker Mary Jane Upside Down Kiss V7228 Wallpaper
What Is A Bitcoin Mixer? Bitcoin tumbling (bitcoin mixing) involves the usage of a third party service to break the connection between a bitcoin wallet address sending coins and the address receiving coins. Once that connection is broken, the individual or party who owns the coins that were mixed become anonymous and transactions near impossible to track.
submitted by bitcoinwallpaper to BitcoinWallpaper [link] [comments]

Bitcoins Everywhere Spiderman Ps4 Mary Jane Watson Z7634 Wallpaper

Bitcoins Everywhere Spiderman Ps4 Mary Jane Watson Z7634 Wallpaper
Bitcoins Everywhere Spiderman Ps4 Mary Jane Watson Z7634 Wallpaper
What Is A Bitcoin Mixer? Bitcoin tumbling (bitcoin mixing) involves the usage of a third party service to break the connection between a bitcoin wallet address sending coins and the address receiving coins. Once that connection is broken, the individual or party who owns the coins that were mixed become anonymous and transactions near impossible to track.
submitted by bitcoinwallpaper to BitcoinWallpaper [link] [comments]

Bitcoins Everywhere Mary Jane Watson Spiderman Ps4 Z7618 Wallpaper

Bitcoins Everywhere Mary Jane Watson Spiderman Ps4 Z7618 Wallpaper
Bitcoins Everywhere Mary Jane Watson Spiderman Ps4 Z7618 Wallpaper
What Is A Bitcoin Mixer? Bitcoin tumbling (bitcoin mixing) involves the usage of a third party service to break the connection between a bitcoin wallet address sending coins and the address receiving coins. Once that connection is broken, the individual or party who owns the coins that were mixed become anonymous and transactions near impossible to track.
submitted by bitcoinwallpaper to BitcoinWallpaper [link] [comments]

Bitcoins Everywhere Spiderman Miles Morales Mary Jane Watson Ps4 Z7633 Wallpaper

Bitcoins Everywhere Spiderman Miles Morales Mary Jane Watson Ps4 Z7633 Wallpaper
Bitcoins Everywhere Spiderman Miles Morales Mary Jane Watson Ps4 Z7633 Wallpaper
What Is A Bitcoin Mixer? Bitcoin tumbling (bitcoin mixing) involves the usage of a third party service to break the connection between a bitcoin wallet address sending coins and the address receiving coins. Once that connection is broken, the individual or party who owns the coins that were mixed become anonymous and transactions near impossible to track.
submitted by bitcoinwallpaper to BitcoinWallpaper [link] [comments]

Bitcoins Everywhere Marvels Spiderman Ps4 Characters Mary Jane Miles Morales Silver Sable Scorpion Electro Vulture X755 Wallpaper

Bitcoins Everywhere Marvels Spiderman Ps4 Characters Mary Jane Miles Morales Silver Sable Scorpion Electro Vulture X755 Wallpaper
Bitcoins Everywhere Marvels Spiderman Ps4 Characters Mary Jane Miles Morales Silver Sable Scorpion Electro Vulture X755 Wallpaper
What Is A Bitcoin Mixer? Bitcoin tumbling (bitcoin mixing) involves the usage of a third party service to break the connection between a bitcoin wallet address sending coins and the address receiving coins. Once that connection is broken, the individual or party who owns the coins that were mixed become anonymous and transactions near impossible to track.
submitted by bitcoinwallpaper to BitcoinWallpaper [link] [comments]

Bitcoins Everywhere Mary Jane Watson Spiderman Ps4 Z7619 Wallpaper

Bitcoins Everywhere Mary Jane Watson Spiderman Ps4 Z7619 Wallpaper
Bitcoins Everywhere Mary Jane Watson Spiderman Ps4 Z7619 Wallpaper
What Is A Bitcoin Mixer? Bitcoin tumbling (bitcoin mixing) involves the usage of a third party service to break the connection between a bitcoin wallet address sending coins and the address receiving coins. Once that connection is broken, the individual or party who owns the coins that were mixed become anonymous and transactions near impossible to track.
submitted by bitcoinwallpaper to BitcoinWallpaper [link] [comments]

Bitcoins Everywhere Spiderman Ps4 Mary Jane Watson Miles Morales Z7635 Wallpaper

Bitcoins Everywhere Spiderman Ps4 Mary Jane Watson Miles Morales Z7635 Wallpaper
Bitcoins Everywhere Spiderman Ps4 Mary Jane Watson Miles Morales Z7635 Wallpaper
What Is A Bitcoin Mixer? Bitcoin tumbling (bitcoin mixing) involves the usage of a third party service to break the connection between a bitcoin wallet address sending coins and the address receiving coins. Once that connection is broken, the individual or party who owns the coins that were mixed become anonymous and transactions near impossible to track.
submitted by bitcoinwallpaper to BitcoinWallpaper [link] [comments]

Bitcoins Everywhere Mary Jane Spiderman Marvel Comics B20142 Wallpaper

Bitcoins Everywhere Mary Jane Spiderman Marvel Comics B20142 Wallpaper
Bitcoins Everywhere Mary Jane Spiderman Marvel Comics B20142 Wallpaper
What Is A Bitcoin Mixer? Bitcoin tumbling (bitcoin mixing) involves the usage of a third party service to break the connection between a bitcoin wallet address sending coins and the address receiving coins. Once that connection is broken, the individual or party who owns the coins that were mixed become anonymous and transactions near impossible to track.
submitted by bitcoinwallpaper to BitcoinWallpaper [link] [comments]

[CryptoNovel] Smells like Satoshi spirit (Part One)

Hi, all. I'm CryptoWukong([email protected]).
As an enthusiast of blockchain and cryptocurrency, I wrote a novel in that area.
Because this novel is my first work, it may be a bit sloppy or boring.
But if you could cheer me up with a little interest, it would be very helpful for me to write my next novel.
I will share this novel in a two or thtee part series, and this is part one. Enjoy your reading.
*Legal Notice: This post is for the purpose of providing personal works, so please be careful in your utilizing them. You cannot copy, distribute, edit the contents without my permission and you may be subject to legal disadvantages if you break this notice,.
_______________________________________________________________________________________________________________________________
"Uhmmm,,,"
Joseph woke up from his sleep, groaning in agony. Was it just a hangover or did he have a dream of his palmy days? Anyway, now he just hate himself for drinking like a dog last night. His former scoop lay on the floor to welcome him, as if it is proving that he was not suffering from a hangover after getting his heavy body out of bed.
「Satoshi Nakamoto, the serial killer of Satoshis」
​
After gulping down cold water, he feels as if he can remember last night like a film that is scattered everywhere.
"Satoshi..."
It happened a few years ago and it was quite forgotten by the public, but when he looked back on it, Joseph even thought he'd rather have not had the scandal.
Satoshi, who launched Bitcoin in early 2009, paved the way of new monetary and financial systems in the world and disappeared along the way. However, developers who saw its potential continued to develop and apply, and as time went on, more and more people participated and added value into it. Thanks to the effort, Bitcoin showed off its influence from some point on, even the existing financial institutions could not ignored anymore.
But in the process, those who claimed to be Satoshi Nakamoto began to appear, and at one point such persons began to be murdered without any trace. Joseph, who was a big fan of blockchain and cryptocurrency, was personally and professionally interested, and he sensed that he could do something big as a reporter. It was a really good touch, and became a reality in the end.
(Doorbell ringing)
"Joseph, are you home?"
Yesterday, Henry, who is Joseph's younger friends from school, rang the doorbell and yelled.
"Jo, are you in there? Did something happen to you?
(Knocking on the door strongly)
Henry began knocking at the door with frustration.
"Stop it. I'm coming!"
Joseph opened the door calmly, as if it wasn't the first time this had happened.
"Hey, what are you doing without answering your phone?"
"What do you think I did?"
"Have you been sleeping? Oh my,,, I thought something was wrong."
Henry was concerned about Joseph and often visits him because Joseph became depressed seriously. But Henry is not always welcomed when visiting and taking care of him .
As going inside the house, Henry saw the article about the scandal on the floor.
"I think we should go out for some fresh air and to eat. I don't want to see you depressed so pitifully at home"
"..."
"Come on, Jo"
When Henry tried to pull him out of the house, Joseph took his hat pretending to not to be able to resist.
It was a normal day as usual, but the world was changing day after day. Especially in the economic field, the whole world is experiencing an era of transformation into a new economic and financial system.
The advent of Bitcoin in early 2009 had a significant impact on the existing status of the US dollar, yen and other currencies, and governments, central banks, and even major companies in developed countries began to seek strategies to take the lead in the new financial era by benchmarking it while keeping an eye on the growth of Bitcoin. When they were ready enough, they calmly waited for the biggest bubble in cryptocurrencies including bitcoin, even intervened to make it happened.
However, the moment big bubble broke, major countries have revealed their hidden claws, and the maximum bubble began to burst, Bitcoin slowly descends into glory for several reasons. Meanwhile, China was the first country to seized the opportunity to get token hegemony.
Joseph and Henry, who decided to have brunch, settled down in the corner of their favorite restaurant.
"I think China was very clever"
Henry spat out as waiting for the menu he had ordered.
"What are you talking about?"
Joseph replied, looking out the window as if he was not interested.
"Look. China, which was cracking down on cryptocurrencies at the national level, issued national token based on Proof of Work. It was a big surprising. In some way, they would have preferred the most intuitive and straightforward method of proof as a one-party state, and they were probably confident that they wouldn't lose the computing power initiative based on the abundance of energy resources. What's interesting is that the token name is ONE. I think it was derived from the national slogan 'One China', but it's ironic that network on Proof of Work could bifurcate at any time"
"That's reasonable explanation"
Joseph said bluntly as getting the ordered meal as if he were slightly interested in talking.
"Another interesting thing is that China issued 1.5 billion tokens. They seem to have set the volume to fit its population, meaning one token for one person, and it revealed China's socialist characteristics in that way"
"Maybe it's true. China's socialism, highlighted by Deng Xiaoping in the past, highlighted everyone becoming wealthy under the Communist Party's leadership. And based one the socialism, it outwardly appealed to the people that each person can have one token, while inwardly controlling hash power to roll in money just like the way the vested interests did in the past. This is it. They pretended not to be interested in blockchain and cryptocurrencies but spent a lot of money in researching behind the scene"
Joseph finally gave his opinion as showing off his knowledge.
"Wow, you are awesome, Jo. Anyway, I think it's a bit scary how China has been through because they are still trying to emerge as a global hegemonic power over the U.S., even after they experienced trade dispute were with the U.S. and then wept away by civil war"
"In that sense, the U.S. accepted the token economy in their way and turned it into a token economy democracy."
"I know what and why they did. As we know, there are 50 states in the U.S., and they have the same numer of validators. In particular, I think it was Hail Mary that they issued national token based on Delegated Proof of Stake(DPoS). That way, they can measure how much the value of local brand is through competition in good faith while maintaining communities' uniqueness. More surprisingly, they could keep U.S.' unique electoral voting system based on DPoS in every election including the presidential election"
"Maybe it was good to get election campaign fund at first. Actually, it was easier to pay cryptocurrency than fiat money, and at that time, it was a lot better to get cryptocurrencies because their price showed a constant boost. The politicians who knew much about cryptocurrencies won their elections, and even the president who was friendly toward cryptocurrencies, sympathized with pro-cryptocurrency Congress, and they altogether made the new thing called 'the tokenized economic system'. Even the Federal Reserve colluded with the administration and Congress on the condition that it maintained its existing mandate and power. Only ordinary people worshipped the innovation and then had nothing left in the end"
"Well, this is another story but ordinary people like the basic income system though. As artificial intelligence became common, our jobs were threatened first. In the old industrial revolution, we expected that new technology would create new jobs. But this time it's totally off the mark. In that mood, there was a consensus on the introduction of the basic income system. We've solved the problems of the basic income system in the past: lack of tax revenue and distribution of the revenue. But the problems were solved by issuing token. It also reduced the cash in the underground economy. I feel like a new world has influenced in many ways"
"That's because we've now got a mature society where people could be satisfied with their basic income and happily do what they really wanted to do. Fortunately, we've established a lot of places to use the token income rapidly. The bottom line is that both basic income and token focus on utilization, not possession. So far, it's been successful"
"There you go, Jo! As you said, the token system was a timely technology and policy."
Joseph finished the meal with a slight frown shrugging off compliments.
"Satoshi Scandal..."
Joseph exhaled as small as a sigh.
The scandal began with a well-known Australian developer who was one of victims in a series of murders where those who claimed they were real Satoshi were killed one by one. The way of killing was cruel and the scenes of the killing were as dispersed: the US, China, Europe, Asia and so on. While cryptocurrency supporters got widly excited about that, the national investigative agencies just looked incompetenct in the serial killings for slow investigations. Soon after, they began tracking it in a worldwide collaboration. At the same time, Joseph was inspired by his animal instinct and persistent research finally pointed Satoshi out as the serial killer, and this scandal was his biggest scoop.
https://i.redd.it/o6kj8wy3vbg31.jpg
As a result, Joseph became a star journalist, and registered his personal token, then his personal token exchange rate skyrocketed. He even established a one-man media company with his name, making himself a famous journalist.
However, when the world's most collaborative investigative agencies fell into the sidekick of the scandal, the governments and authorities of those countries involved in the investigation have rather sacked Joseph through media brainwashing and have accused him of being a serial killer. When Joseph was in the midst of popularity and persecution, the joint investigation authorities were closing in on a suspect of serial killing.
Eventually, the suspect committed suicide, leaving behind a suicide note with a private key in Satoshi wallet containing one million bitcoin. So the scandal of the century came to an end, and Joseph remained an issuemaker for a while at the same time as the charges were cleared. Meanwhile, Bitcoin marked the last rally for the highest market ever since the scandal.
"Since then, Bitcoin used its last strength..."
"What? What did you just say, Jo?"
"No, it's not a big deal. Let's get out of here"
Joseph went outside with Henry in a hurry.
Some days later, Joseph stopped by his favorite bar and sat on the place where he always sit. He just sat staring for some minutes, listening to bar songs. But soon, all kinds of thoughts came across his mind. He didn't want to admit it, but he'd rather die than being treated like a has-been because of his damn pride. What's more annoying is the reality of Joseph's personal token exchange rate, which has been on the decline.
It has not been long since there has been the individual token system, but it has become a global trend with demand exploding, mainly for influential people. With the introduction of the token economy system in full swing by country, financial authorities were able to make personal tokens that is linked to the national token through screening by the financial authorities, and these individual tokens were valued according to the national token in real time. The national token is based on the median wage of employees in the country, so higher than 1 means more than the middle class, and lower than 1 means there is no economic leeway. If you comply with the regulations of the authorities, you'll be able to build many business models based on individual tokens such as staking, loans, dividends and so on. Indeed, new era has come when individuals have become small economic players, and big individuals and corporations with influence are second only to a single bank or financial system.
'0.65382139'
Joseph's personal token exchange rate blinked on his smartwatch screen. Since he made him famous with the scandal then, his token rate was ten times more than the current rate but the reality is harsh now. Nevertheless, the reason for living his life is that there are people who support me like Henry with the faint hope that one day he will be able to hit another jackpot.
Henry, his younger alumni, has been working as an influencer in a decentralized autonomous organization(DAO) created by a well-known businessman. While one had a single identity as a nation's citizen, they now has another strong identity in the token community where each belongs. Feeling the same sense of homogeneity in the same community, participants are engaged in social activities aside from one's nationality and religion, and are also engaged in token-based consumption activities.
Joseph suddenly wanted to see Henry, but decided to have his own time this time.
He took a laptop out of his bag to write a column, trying to ignore his crumbling pride. Maybe it was because of the slight drunkenness, he wanted to write an article about a serious topic.
​
「Return to Sash caused by aliases and anonymity, coincident or inevitable?」
Bitcoin, which was released in early 2009, paved the way for cryptocurrency transactions that can be traced through distributed ledger technology thanks to 'aliases', although it can't certain who the transaction participants are. However, 'aliases' evolved to 'anonymity' as it met the desire to protect personal information that was close to human instincts over time, and eventually combined with advanced electronic cryptology and a huge token economy. Indeed, swiss bank accounts that anyone wanted to have went into their digital asset wallets. But no matter how anonymous it is, the moment a technical defect occurs or is transferred to a non-anonymous coin, its anonymity disappears and the transaction details may be exposed. Meanwhile, the government believed that they had secured a master key to open the token world by establishing a perfect token tracking system that would be possible to trace any transactions. But unlike that judgment, when the token economy permeates the daily lives of the whole generation, the token system with anonymity technology spread to the world without any problem. And then developed countries that have studied and monitored token system for a long time finally concluded that leaving uncontrollable anonymity and token economy would be such a handicap to gain vested interests in the future. This life-and-death check created unexpected repercussions: conflicts between the old and new generation.
https://i.redd.it/qzr8h698vbg31.jpg
The old generation, who was still accustomed to cash, began to return to cash in protest against the government and the young generation, who recognized tokens as daily currency from their birth, ridiculed the old generation and used them even more as the government kept them in check. By then, however, a fatal flaw in the anonymity protocol occurred and there was a great confusion when the biggest bubble in cryptocurrencies including bitcoin fell at a similar time. In conclusion, there was a rift in trust and support for decentralized tokens due to their aliases and anonymity which were considered safe, transparent and able to protect personal information. Also, major crypocurrencies, which had high brand value, just survived and became a means of preserving anarchists' assets. At the same time, some developed countries have been eager to promote national tokens, claiming that the only reliable assets including even anonymous tokens can be developed well only by nation. Is it just a coincidence or is it inevitable that all the suspicious events took place in this process?
​
Joseph suddenly lost his concentration wondering whether it was hard to write or it was because of a drunkenness. And he decided to edit it later and got out of the bar. There were many people on the streets friday night, and he strode home past the crowd. No one in the crowd recognized him unlike the past, but he still remembered himself and people back then. After the Satoshi scandal, many expected more provocative and conspiratorial articles from Joseph but he hated it. However, he instinctively began to pour out attention-grabbing articles to keep his fans from being forgotten. Was that a wrong judgment? He had had his day after the cryptocurrency bubble burst. Like so many tokens, he also lost his own value because he failed to show sustainable talent. But tonight he wrote for a long time and felt like he's back in the old days. As if he wants someone to know his feeling of pride, he is lost in his thoughts again sitting on a roadside bench and watch people passing by.
Although current Bitcoin's symbolism and impact has been considerably ruined compared to that of its former, he thought it was 'falling of glory' that would one day happen anyway. Because Bitcoin has shown enough value and possibility, other token projects have experienced less trial and error and are able to settle at a faster rate, and Mass adoption of the token has built up a big industry and brought forth a new paradigm for real economy.
The point here is why it fell from glory. It is widely believed that the reason was not one, but exploded at a certain time with a variety of reasons.
First of all, the scandal turned Satoshi out to be a brutal figure, who had had apparently existed but not at the same time. Some even raised the conspiracy that Satoshi's suicide note with the private key on his wallet was fabricated by the government or authorities, and that the real killer was definitely a puppet of the authority. Whether it's true or not, what's clear is that Satoshi is recognized as a cruel being in most people's brains.
Another reason is the ambivalence of the token. Although the Internet, for example, has shown immediate news and innovation that has given birth to big data in the past, many events and accidents that might have been ignored quietly, have spread rapidly throughout the world through the Internet. Eventually, the Internet platform turned into a political propaganda tool that the world is violent and so must be able to calm the turmoil only with force. The blockchain, which is more than Internet-wide and highly leveraged, has also had a special economic mechanism called 'token', although it has built a huge distributed network and instant digital community like Internet. But when this trait combined with human greed and crowd psychology, a 'New Totalitarianism' has been triggered. This was possible because the extreme supporters of Bitcoin and the anarchists built up spiritual solidarity, feeling homogeneity with each other, and tokens including Bitcoin became their economic basis. New totalitarian community that transcended nationality was inspired by the cunning incitement of shadow governance, causing bloodshed and terrorism in many parts of the world. And in doing so, such events drew the limits of Satoshi's spirit on its own. Then, Satoshi became a negative perception among people asid from the image that he was just a murderer.
However, there is a certain reason for its fall of glory: its bubble is over. As Satoshi was finally found to be a serial killer who committed suicide, Bitcoin recorded the highest-ever rally, and presented the biggest bubble ever in history. But soon the marketcap of cryptocurrency shrank due to the lack of network security affected by the endless political squabbling of ASIC mining groups or other big groups and the intervention of the market by powerful institutions that looked at Bitcoin as an eyesore.
Joseph suddenly became confused as thinking about the rise and fall of bitcoin he had covered in the past. He just wanted to go home for a rest. Looking back on bitcoin's history, which once raised expectations that it would replace u.s. dollar as well as gold, he felt some similarity with it because it was over-rapped with his history.
When he arrived at the front of the house and opened the front door, he saw something through a gap under the door. He found a briefcase stuck in a gap under the door and began to figure out what it was. He reached out and carefully pulled the corner of the envelope, wondering who stabbed a newspaper or something that he didn't subscribe to. And he found four letters written just below it, along with the words 'supreme confidentiality'.
'LUCY'
Source : www.satoshicode.com[SatoshiCode](www.satoshicode.com)
submitted by satoshicode_com to Bitcoin [link] [comments]

My advice on Bitcoin

I'd love to write about something else, but it's obvious that the most interesting thing I could bring up right now happens to be Bitcoin. The question on everyone's lips right now is: Should I invest in Bitcoin?
The answer to this question is simple: No. I can be 100% confident about this answer, for the following reason: Either Bitcoin is going to fall apart, or it's going to give rise to a dystopian nightmare no sane person would want to live in.
Why would Bitcoin give rise to a dystopian nightmare? There are three mains reasons: Bitcoin uses an insane amount of energy, Bitcoin has an enormous unequal wealth distribution and Bitcoin would bankrupt every government and thereby our ability to maintain any sort of semblance of a healthy society.
A long time ago I wrote a time traveler story about Bitcoin. The point of the story wasn't to be 100% accurate. The point was to make clear how miserable a society where Bitcoin succeeds as a concept would be. This is the central point that can't be disputed.
I don't look forward to a future where billionaires earned their wealth by writing ransomware or hacking cryptocurrency platforms. I don't look forward to a future where all of our energy is devoted to solving pointless computer problems either. Keep in mind that the average bitcoin transaction now uses 20.000 times more energy than a credit card transaction. This energy use will merely grow worse in the future.
If you genuinely think Bitcoin will rise in value to 1 million dollar a coin or something similarly absurd, the sane response would be to avoid having children and to put some cyanide pills in your wallet. I don't want to live in such a world, nor do I see any genuine reason why anyone else might want to.
If this thing genuinely succeeds in the way that most people expect, the crypto-aristocracy will be hated and rightly so. You destroyed our future, to make yourself rich, despite contributing nothing to society. Society doesn't benefit from there being a new kind of digital store of value. School teachers, nurses, garbage men, firefighters, those are the kinds of people who contribute to society.
You placed society at the mercy of autistic computer programmers and criminals and you're rewarded with a sceptre and a throne. You dress yourself up in anti-authoritarian language, but the difference between bankers and you is that bankers can be held acountable. They have faces, names and bodies, but you delivered us into the hands of computer algorithms.
"Well, you're a hypocrite, because you earned a lot of money from Bitcoin yourself." I'm well aware and it's not a comforting realization. It's blood money, undeserved wealth. I have decided not to touch it, until I have an idea what to do with it. I hope to one day start a business that delivers products that sequester carbon dioxide. If I come to the conclusion that this is unrealistic, I hope to donate the money to Marie Stopes international instead.
We live in a world where criminal gangs bribe doctors to amputate healthy limbs of children begging in the street, to earn more money. The children start to speak in third person when asked to describe what happened to them, dissociated from the trauma. To buy a lamborghini, a mansion, a private jet in such a world, means to publicly humiliate yourself. Every justification is an absurdity. If I had to pick three undervalued investments, they would be gratitude, contentment and simplicity. I already have more than it would be proper to ask for.
What I do know is that I can never look into the mirror without shame again if I spend this money on myself. I was proud of having made a good investment, now I'm ashamed of having helped contribute to this phenomenon. It was not well thought through, governments responded poorly and now the window of opportunity to prevent a dystopian future may be rapidly closing.
There's a wise man who once said that our last hope lies in the injustice of God. This is what I hope for. I hope that governments manage to get their act together and shut this thing down, while they still have the means to do so. If the Chinese government dares to show it muscles, it would be sufficient to bring this thing to an end, because of technical properties of the protocol that I won't bore you with.
Alternatively the protocol might fail because of intrinsic flaws. It currently suffers from clear scaling issues that can not easily be resolved without disruption. If this is the case, it may evolve in a manner that allows it to cope with these issues, thus merely buying us time.
What I do know is that the world won't be the same after today. Prominent figures are looking at this and they're rightfully scared, not because they're evil tyrants who want to rule the world, but because they see the profound damage this technology may do to the vision of society as a collective project that aims to treat everyone with basic human dignity. There can be no human dignity in a world governed by Bitcoin. We are at risk of ending up with an authoritarian micromanaged society, just to keep this phenomenon suppressed.
In the best case scenario, the project loses credibility in the weeks ahead of us due to scaling issues and the world's governments use their breathing pause to clamp down on cryptocurrency. Special taxes need to be implemented for people who are cashing out, mining farms need to be shut down or forced to participate in 51% attacks and governments need to create their own cryptocurrencies that take away market share from the decentralized cryptocurrencies. More likely than not however, they will merely respond to an implosion by imagining the threat is over, giving the hydra time to regather its strength and to grow more heads.
In the worst case scenario, this is the reality we have to deal with. Bitcoin grew in value by 130% in the past month, while electricity devoted to the project grew by 25%. This doesn't come to an end easily. Extrapolate for the next 24 months and you're looking at a quarter of global electricity being used to mine Bitcoin. Today Bitcoin uses 8 days worth of an average American family's electricity consumption per transaction. After having seen greed destroy so much of the world, I see little reason to believe we will now be left free to satiate our greed without suffering the consequences.
So, my advice on Bitcoin would be as following: Ask for the strength to say no. You'll feel a lot happier.
submitted by moresourdough to accountt1234 [link] [comments]

Subreddit Stats: ethtrader top posts from 2016-12-11 to 2018-08-03 13:38 PDT

Period: 600.44 days
Submissions Comments
Total 990 176734
Rate (per day) 1.65 292.11
Unique Redditors 578 23161
Combined Score 823734 1756585

Top Submitters' Top Submissions

  1. 40198 points, 55 submissions: AutoModerator
    1. [ETH Daily Discussion] - 14/Jun/2017 (2930 points, 8421 comments)
    2. [ETH Daily Discussion] - 15/Jun/2017 (1959 points, 8557 comments)
    3. [ETH Daily Discussion] - 13/Jun/2017 (1764 points, 5164 comments)
    4. [ETH Daily Discussion] - 12/Jun/2017 (1354 points, 12821 comments)
    5. [ETH Daily Discussion] - 24/May/2017 (1348 points, 9422 comments)
    6. [ETH Daily Discussion] - 23/May/2017 (1237 points, 6366 comments)
    7. [ETH Daily Discussion] - 30/May/2017 (1144 points, 9015 comments)
    8. [ETH Daily Discussion] - 25/May/2017 (1022 points, 8120 comments)
    9. [ETH Daily Discussion] - 10/Jun/2017 (1007 points, 7940 comments)
    10. Daily Discussion [Serious] - 17/Jun/2017 (910 points, 2901 comments)
  2. 16397 points, 1 submission: Pracy_
    1. Everytime Bitcoin drops (16397 points, 357 comments)
  3. 11930 points, 4 submissions: Justjoshmygosh
    1. Welcome to ethtrader new people, let me save you some time (7352 points, 367 comments)
    2. This is NOT the end (2072 points, 196 comments)
    3. Welcome BACK to ethtrader (1964 points, 110 comments)
    4. Hello again, ethtrader... looks like I have some work to do (542 points, 10 comments)
  4. 11921 points, 2 submissions: _Mido
    1. Here you go (9787 points, 312 comments)
    2. How I felt this week (2134 points, 228 comments)
  5. 10537 points, 9 submissions: econoar
    1. Ethereum is now processing more transactions a day than all other cryptos combined. (4020 points, 469 comments)
    2. SEC says they don't believe ETH to be a security. (1450 points, 169 comments)
    3. Today, Ethereum has processed 50% more txs than BTC. Ethereum currently has 17 pending TX and BTC has 45k. It takes $0.006 to move Ether in less than 20 seconds. (1406 points, 281 comments)
    4. Visa, IBM, Microsoft and USAA have all posted jobs in the past week looking for Ethereum developers (866 points, 46 comments)
    5. Goldman-Backed Startup Circle Launches No-Fee Foreign Payments Service. Built on Ethereum. (858 points, 86 comments)
    6. Etheremon is completely centralized and the owners can withdrawal all the funds from the contract. (660 points, 383 comments)
    7. On average, it's 59x cheaper to send an Ethereum transaction than a Bitcoin transaction. (488 points, 31 comments)
    8. Ethereum dapps expected to launch very soon. (400 points, 131 comments)
    9. Augur will deploy their contacts on the Ethereum mainnet on July 9! (389 points, 52 comments)
  6. 9349 points, 13 submissions: thepipebomb
    1. CNBC: Why buy Ethereum? (1510 points, 145 comments)
    2. CNBC - "I love Ethereum, I think Ethereum is the one to own here." (1234 points, 158 comments)
    3. CNBC: This is an incredible buying opportunity for Ethereum (988 points, 182 comments)
    4. Please boycott Vinny Lingham's Civic ICO (900 points, 198 comments)
    5. Pantera Capital Quantitative Researcher: By 2020 Ethereum's market cap will be 10x higher than Bitcoin's (749 points, 155 comments)
    6. Amazon Web Services Partners with ConsenSys to Simplify Enterprise Blockchains (690 points, 81 comments)
    7. Sharding may launch with Casper FFG, skipping the 1500 ETH requirement for staking and lowering it to 32 (537 points, 93 comments)
    8. When is $10,000 per ETH realistic? (512 points, 487 comments)
    9. Brian Kelly of CNBC on investing in Ethereum (495 points, 128 comments)
    10. Coinbase plans to add staking (482 points, 114 comments)
  7. 9187 points, 15 submissions: DCinvestor
    1. Personal Finance Rules for Being an Effective Holder (1307 points, 237 comments)
    2. Will Proof of Stake turn ETH into the best Store of Value coin? (1086 points, 144 comments)
    3. Catalysts for ETH Price Increases Over the Next 6 to 12 Months (662 points, 135 comments)
    4. What can the earlier days of Bitcoin teach us about holding Ethereum? (632 points, 151 comments)
    5. How to Survive Crypto Investing (in this market, or in any market) (631 points, 121 comments)
    6. The Most Important Crypto Theses for 2018 (and my current feelings on this market) (602 points, 317 comments)
    7. A Re-evaluation of Ethereum as Long Term Investment (versus new market entrants) (590 points, 136 comments)
    8. Opera introduces first browser with built-in Crypto Wallet for Ethereum (535 points, 64 comments)
    9. Coinbase is trending #1 on the Apple App Store (505 points, 39 comments)
    10. It's time for investors to pursue quality, and to stop chasing shit (503 points, 85 comments)
  8. 8910 points, 5 submissions: leafac1
    1. Would You Like to See Reddit Accept ETH as a Means to Pay for Gold? (3188 points, 193 comments)
    2. Most Popular Story on CNBC Tech: 'Bitcoin’s main rival Ethereum hits a fresh record high' (2467 points, 181 comments)
    3. Tweeted today: Casper (Proof of Stake) testnet is coming. (2106 points, 230 comments)
    4. Ethereum just processed 0.46% of Visa's total tx per day. And it did so without Ethereum Dapps using scaling solutions. (627 points, 78 comments)
    5. Perspective: It seems many are currently unaware that ETH will have a lower inflation rate than BTC (and BTC-Forks) come Proof of Stake & beyond. (522 points, 134 comments)
  9. 8756 points, 12 submissions: twigwam
    1. Apple's Steve Wozniak Dumps Facebook And Thinks Ethereum Could Be The New Apple (1148 points, 80 comments)
    2. “We owe it this new generation to respect their enthusiasm about virtual currencies with a thoughtful and balanced response, not a dismissive one.” -- CFTC Chairman Giancarlo (1119 points, 62 comments)
    3. "Today Ethereum transacted over $100,000,000 PER HOUR on average, with over 53% of transactions going to smart contracts -- really speaks for Ethereum's success as a contract platform" --- Paul Kohlhaas (1115 points, 39 comments)
    4. Reddit Founder: "I’m most bullish about Ethereum simply because people are actually building on it." [MSN] (1072 points, 185 comments)
    5. Google co-founder, Sergey Brin is a last minute addition to the Blockchain Summit panel on emerging technologies. Says he is mining Ethereum with his son. (875 points, 63 comments)
    6. BREAKING: Mt. Gox ‘Bitcoin Whale’ Trustee Won’t Sell Any More BTC -- (Pretty huge news for entire space and not getting deserved media coverage) (752 points, 74 comments)
    7. L.L. Bean says it might offer discounts for clothing that tracks you using the Ethereum blockchain (529 points, 117 comments)
    8. "Vitalik is both a genius and a class act. That’s why I sold a portion of my BTC for Ethereum in addition to lots of Bitcoin Cash." @RogerkVer (490 points, 151 comments)
    9. Coinbase has a $20 billion hedge fund coming onto its platform (437 points, 31 comments)
    10. eBay joins the Ethereum Enterprise Alliance (410 points, 50 comments)
  10. 8539 points, 5 submissions: sopun
    1. Stocks VS Crypto (2269 points, 53 comments)
    2. Bitconnect, Davorcoin and other scams continue being advertised on Coinmarketcap. We should take a stand as a community and push out these people who made a career out of scamming innocents (2227 points, 147 comments)
    3. A shitcoin ICO called Prodeum just exitscammed millions of dollars from investors and left them only this message on their ICO website (1542 points, 222 comments)
    4. Trevon James erased 39 of his YouTube videos promoting BitConnect yesterday. Looks like he starts getting worried about the class action lawsuit against him (1368 points, 223 comments)
    5. Tron's TRX whitepaper raises more red flags than a workers parade in Soviet Union (1133 points, 231 comments)
  11. 8370 points, 14 submissions: Mr_Yukon_C
    1. This is what leadership looks like -- I present to you, CFTC Chairman Giancarlo (829 points, 43 comments)
    2. Millennials are afraid stocks are too risky, so they're investing in crypto (790 points, 227 comments)
    3. OmiseGo Becomes the First Ethereum Unicorn With a Market Cap of $1 Billion (755 points, 155 comments)
    4. AMERICANS: Kill bill 1241 • ethereum (696 points, 66 comments)
    5. Coinbase prepares for a monster increase in trading (689 points, 174 comments)
    6. Microsoft – Decentralized Digital Identities and Blockchain – The Future as We See It. [Building on Ethereum] (652 points, 87 comments)
    7. MakerDAO and OmiseGO: Announcing Dai and OMG Collaborations (597 points, 115 comments)
    8. Coinbase Custody is Officially Open For Business – The Coinbase Blog (589 points, 92 comments)
    9. Scaling Ethereum to hundreds to thousands of transactions per second - TODAY! (514 points, 47 comments)
    10. George Soros Prepares to Trade Cryptocurrencies (504 points, 312 comments)
  12. 8141 points, 12 submissions: BeerBellyFatAss
    1. Bitfinex now trades all pairs against ETH. It’s time for Binance and the rest of the exchanges to do so as well. (2257 points, 219 comments)
    2. Number of Users on Coinbase Surpasses Number of Brokerage Accounts at Charles Schwab (821 points, 63 comments)
    3. Omise signed an agreement on the development of a national ID utilizing the ETDA and block chains of Thailand government agencies! We will continue to work on a number of projects that utilize block chains! (795 points, 112 comments)
    4. Federal Reserve Branch Adds Cryptocurrency Price Indexes [Yes, Really] (583 points, 64 comments)
    5. Catalonia Considering Cryptocurrency Post-Independence, Advised By Ethereum Creator (503 points, 73 comments)
    6. Germany’s Largest Bitcoin Trading Platform Will Soon Add Etheruem (499 points, 46 comments)
    7. Olaf Carlson - On Bloomberg Technology (12/01) - Ethereum to Surpass Bitcoin Market Cap by YE 2018 - Great Interview! (476 points, 141 comments)
    8. Casper is Pretty Close, Sharding Number One Priority Says Vitalik Buterin (474 points, 79 comments)
    9. EOS Now Has Only 100,000 Eth Left After Weeks of Selling (451 points, 140 comments)
    10. "Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well" - Michael Novogratz (442 points, 106 comments)
  13. 7380 points, 5 submissions: EthTrader_Mod
    1. [ETH Daily Discussion] - 22/May/2017 (4035 points, 10454 comments)
    2. Daily Discussion [Serious] - 16/Jun/2017 (1359 points, 4524 comments)
    3. [ETH Daily Discussion] - 28/May/2017 (685 points, 3331 comments)
    4. [ETH Daily Discussion] - 04/Jun/2017 (653 points, 3872 comments)
    5. [ETH Daily Discussion] - 29/May/2017 (648 points, 4635 comments)
  14. 7369 points, 9 submissions: Butta_TRiBot
    1. Vitalik Buterin: If all that we accomplish is lambo memes and immature puns about "sharting", then I WILL leave. (2174 points, 426 comments)
    2. Vitalik Buterin: In my opinion, the current sharding spec as described is already good enough to get us to thousands of transactions per second (1554 points, 188 comments)
    3. Chinese Internet security giant 360 has found "a series of epic vulnerabilities" in the EOS platform. (703 points, 186 comments)
    4. Inflation rate will go down by ~90% with Casper and Sharding (3 ETH block reward -> 0.22ETH) (701 points, 214 comments)
    5. "Casper Testnet up right now and Sharding will come sooner than you think" - Karl Floersch [41:02] (501 points, 44 comments)
    6. Vitalik on Wechat: We have started developing a test version of Ethereum with sharding using python (445 points, 79 comments)
    7. Elon Musk: "Starting a candy company....Cryptocandy" (437 points, 83 comments)
    8. The reason I invested in Ethereum - motivated developers who even spend their free time explaining the tech (431 points, 79 comments)
    9. Congrats to @naterush1997 and @dannyryan for releasing v0.2 of the cbc Casper prototypes, last night! (423 points, 43 comments)
  15. 7084 points, 5 submissions: ScienceGuy9489
    1. New price target $1,000 (2993 points, 503 comments)
    2. I heard you guys miss me, looks like we're only going up from here (2100 points, 645 comments)
    3. Technical Analysis, Liftoff Due June 16th (758 points, 1019 comments)
    4. I predicted the last two liftoffs, the next one is by May 24th. (729 points, 529 comments)
    5. I predicted the last 3 liftoffs, this is a situation update (504 points, 458 comments)
  16. 6299 points, 10 submissions: jtnichol
    1. Joseph Lubin on Twitter: "#Bitcoin = A single app. #Ethereum = An entire app store. Thanks for having me on @BloombergTV, always a pleasure. https://t.co/LXKX8cF8BR" (1208 points, 89 comments)
    2. Microsoft helps launch world’s first blockchain-based investment product: settled on the public Ethereum chain. (926 points, 82 comments)
    3. This room feels like Q4 2016 all over again (774 points, 262 comments)
    4. Massive heap of rhetoric. But it needs to be said. (592 points, 245 comments)
    5. Friday Donut Day. (535 points, 52 comments)
    6. We're rocketing up in subscribers. Wow! (+1,160 subscribers today; 164% trend score) • TrendingReddits (516 points, 58 comments)
    7. Vitalik Buterin on Twitter: Plasma implementations are already happening (491 points, 73 comments)
    8. Unlisted Video Message just for Ethtrader - Thanks for helping someone on Reddit yesterday struggling with life. (476 points, 77 comments)
    9. For all the drama lately I've made you some comfort food. I love you Ethtrader. Whale sized BLT's with a quart of Bloody Mary. (393 points, 87 comments)
    10. Vitalik Buterin on Twitter: "Scalability research and development subsidy programs: https://t.co/PwbkdUHbZS" (388 points, 40 comments)

Top Commenters

  1. thepipebomb (9705 points, 581 comments)
  2. csasker (8730 points, 848 comments)
  3. DCinvestor (8271 points, 430 comments)
  4. jtnichol (8161 points, 676 comments)
  5. econoar (8044 points, 600 comments)
  6. Nooku (7550 points, 399 comments)
  7. cutsnek (7201 points, 485 comments)
  8. cyoreligion (6716 points, 373 comments)
  9. antiprosynthesis (6285 points, 730 comments)
  10. oldskool47 (5572 points, 394 comments)
  11. Libertymark (5541 points, 1050 comments)
  12. Mr_Yukon_C (5370 points, 405 comments)
  13. loveYouEth (5105 points, 275 comments)
  14. subdep (5007 points, 314 comments)
  15. IRefuseToGiveAName (5004 points, 361 comments)
  16. laughncow (4728 points, 333 comments)
  17. ethacct (4706 points, 304 comments)
  18. dillllllzzzzz (4594 points, 347 comments)
  19. ruvalm (4548 points, 260 comments)
  20. shouldbdan (4428 points, 270 comments)

Top Submissions

  1. Everytime Bitcoin drops by Pracy_ (16397 points, 357 comments)
  2. Here you go by _Mido (9787 points, 312 comments)
  3. Welcome to ethtrader new people, let me save you some time by Justjoshmygosh (7352 points, 367 comments)
  4. Dips are just happy little accidents by PaulieVideos (6217 points, 212 comments)
  5. It's one of the biggest moments of your life... what to wear? by moneyfink (5606 points, 485 comments)
  6. I'm a longterm hodler, but even i hate this sub sometimes. by shadow_op (4629 points, 286 comments)
  7. Literally.. by DAXEEY (4111 points, 162 comments)
  8. [ETH Daily Discussion] - 22/May/2017 by EthTrader_Mod (4035 points, 10454 comments)
  9. Ethereum is UP since last month! Can we get this post to all to show everyone the tides are turning quickly by saintmax (4027 points, 190 comments)
  10. Ethereum is now processing more transactions a day than all other cryptos combined. by econoar (4020 points, 469 comments)

Top Comments

  1. 1715 points: Blactory's comment in Everytime Bitcoin drops
  2. 1348 points: deleted's comment in It's one of the biggest moments of your life... what to wear?
  3. 1300 points: dwy0818's comment in Been in a coma for 23 days, about to check my portfolio
  4. 1170 points: Butterfly_Lags's comment in New price target $1,000
  5. 1106 points: mikewirkijowski's comment in Here you go
  6. 1052 points: phigo50's comment in My wife just talked me out of selling $10,000 eth
  7. 952 points: PcChip's comment in Vitalik Buterin: If all that we accomplish is lambo memes and immature puns about "sharting", then I WILL leave.
  8. 865 points: deleted's comment in Ethereum is UP since last month! Can we get this post to all to show everyone the tides are turning quickly
  9. 832 points: BroKing's comment in It's one of the biggest moments of your life... what to wear?
  10. 829 points: khalo_'s comment in Welcome to ethtrader new people, let me save you some time
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