Jump to content
Stake Community

sid021sp

Noob
  • Content count

    39
  • Joined

  • Last visited

  • Feedback

    N/A

Stake Account

  • Username
    sid021sp

Recent Profile Visitors

46 profile views
  1. August 13: Crypto markets have today failed to sustain their short-lived recovery, with Ethereum(ETH) plummeting to a multi-month low below $300 and only a scant few altcoins spared from the widespread losses, as Coin360 data shows. Bitcoin (BTC) is seeing only minor losses on the day. Market visualization from Coin360 Ethereum (ETH) is currently trading at $288, down a stark 9.77 percent on the day. Having traded sideways most of the day to hold close to the $320 mark, the top altcoin saw a vertiginous plummet in the two three hours up to press time. Ethereum’s losses on its daily chart are the most severe among the top ten cryptos on CoinMarketCap’s listings. On the week, the leading altcoin’s losses are over 28 percent, with monthly losses pushing 33 percent. Ethereum is currently trading at an 9-month price low, hitting below the $300 price point last in early November. Ethereum’s 1-year price chart. Source: Cointelegraph Ethereum Price Index Bloomberg analysts today explained the drop in Ethereum’s price being due to “pressure from ICOs cashing out,” pointing out that Ethereum is the “most popular” platform on which blockchain startups build and raise funds. Bitcoin (BTC) on the other hand is down a negligible 1.6 percent on the day, trading at around $6,224 at press time, according to Cointelegraph’s Bitcoin price index. During earlier trading hours today, the asset made a fresh attempt at breaking through the $6,500 resistance, but slid downwards, losing around $200 within 6 hours. While at this granular resolution, Bitcoin’s fluctuations may appear significant, the coin is in fact almost exactly where it was a month ago. Weekly losses however remain at around 9 percent –– just last week on August 7, Bitcoin was trading above the $7,000 mark. Bitcoin’s 1-month price chart. Source: Cointelegraph Bitcoin Price Index Almost all of the other top ten coins on CoinMarketCap’s listings are seeing significant losses between 4 and 8 percent, with the exception of Stellar (XLM), which is up a solid 2.25 percent to trade at $0.23 at press time. Stellar has now virtually closed its losses on its weekly XLM/USD chart. Stellar’s 7-day price chart. Source: CoinMarketCap Among the top twenty coins by market cap, IOTA (MIOTA), ranked 12th, has seen as significant losses on the day as Ethereum, down 10.61 percent at press time. The altcoin’s tumble has –– like Ethereum’s –– accelerated in the past few hours up to press time. IOTA’s 24-hour price chart. Source: CoinMarketCap TRON (TRX), ranked 11th, and Neo, ranked 15th, are both seeing losses between 9 and 11 percent. Tezos (XTZ), ranked 18th, has seen something of a bloodbath, plummeting almost 19 percent on the day to trade at $1.23 –– again, losses were intensified in the past few hours before press time. Bitcoin (BTC) dominance –– or the percentage of total crypto market cap that is Bitcoin’s –– has broken to a new 2018 record level, soaring on the day to 52.7 percent. BTC dominance has been on the rise as of mid-May. 1-year chart of cryptocurrencies by dominance. Source CoinMarketCap Total market capitalization of all cryptocurrencies is around $205.5 billion at press time, still close to its lowest levels on the three-month chart, which it hit Saturday, August 10, around $207 billion. 3-month chart of the total market capitalization of all cryptocurrencies from CoinMarketCap With Bitcoin seeing markedly more resilience than other major crypto assets, mainstream media today made a further positive comparison with the mainstream financial sector: in the midst of the unravelling currency crisis in Turkey, Bloomberg today noted that “The 10-day swings in the lira relative to the U.S. dollar now exceed those for Bitcoin amid Turkey’s escalating currency crisis.” Meanwhile, as an in-depth Cointelegraph analysis suggested today, the entire crypto market has been absorbing the impact of the U.S. Securities and Exchange Commission (SEC) postponing its decision on the listing and trading of a high-profile Bitcoin ETF until late September. The ramifications have apparently dented Bitcoin and suppressed its recent value, but as the market picture suggests, they have also extended to the wider space. Source : https://cointelegraph.com/news/hong-kong-university-receives-20-mln-research-grant-for-payment-systems-blockchain
  2. While it is now considered too late for hobbyists without expensive ASIC processors to start mining bitcoins, many of the alternative digital currencies are still well suited for mining on your home PC. In this guide, we'll take you through all you need to know to start digging up a few litecoins, feathercoins or dogecoins without any costly extra equipment. For the most part, cryptocurrencies employ either SHA-256 or scrypt as their proof-of-work hashing algorithm, but many of the newer currencies have opted for scrypt. Row of Gridseed litecoin miners set up. Copyright: Arina P Habich ( https://www.shutterstock.com/image-photo/row-litecoin-miners-set-on-wired-211128997 ) Scrypt tends to be the more memory intensive of the two – however, home PCs with reasonably powerful graphics cards can still mine those cryptocurrencies quite effectively, as there are no dedicated ASICs to compete with – yet. Perhaps surprisingly, it's still possible to use just your computer's CPU to mine some of the digital currencies. This holds true, even if you have only a laptop with integrated graphics; though this may not prove terribly effective and is not a set-up we would recommend. Wallets at the ready Before you start mining, you will need a wallet to keep your hard-earned coins in (see our guide to storing bitcoin). A good option is to head to the homepage of the currency you intend to mine and seek out the download link for the default wallet app. If you would like to do more research into litecoin specifically, we have a guide on how to get started. If you find yourself in need of help and advice, most altcoins have community forums, as well as their own subreddit. The majority of wallets are based on the original Bitcoin-Qt client. Be warned, though, that before these wallets are truly usable, you may face a lengthy wait while the coin's entire block chain downloads. Wow. Much Wallet (This is DogeCoin's Wallet) The need for speed Unless you possess specific mining hardware, there are two ways to mine cryptocurrencies: with your central processing unit (CPU) or with your graphics processing unit (GPU) – the latter being sited, of course, on your graphics card. Of the two, a GPU offers far better performance for the cryptographic calculations required. However, if you are making your first foray into mining and don't possess a souped-up gaming computer – a laptop with Intel integrated graphics, perhaps – it will still be possible to mine those altcoins, but at a far slower rate. The catch with GPU mining is that it requires a dedicated graphics processor, such as you may have fitted inside your desktop PC – the Intel integrated graphics cards found in most laptops are just not suitable for the task. To keep speeds up to a respectable level, most altcoin miners build dedicated machines using motherboards that can house multiple graphics cards, usually via riser cables. Be aware, too, that mining digital coins is very system intensive and can reduce the lifespan of your electronic components. It's a good idea to make sure you have adequate cooling in place, keep an eye on those temperatures and keep hold of any warranties – just in case. Solo, or with the crowd? Mining can either be a solitary venture or you can join a mining 'pool', where a number of people combine their processing resources and all take a share of the rewards. It can be helpful to think of mining pools as joining a lottery syndicate – the pros and cons are exactly the same. Going solo means you get to keep the full rewards of your efforts, but accepting reduced odds of being successful. Conversely, joining a pool means that the members, as a whole, will have a much larger chance of solving a block, but the reward will be split between all pool members, based on the number of 'shares' earned. If you are thinking of going it alone, it's worth noting that configuring your software for solo mining can be more complicated than with a pool, and beginners would probably be better off taking the latter route. This option also creates a steadier stream of income, even if each payment is modest compared to the full block reward. Deciding which altcoin to mine will be something else to bear in mind, however, some pools, such as Multipool, manage this for you and switch coins based on profitability. Installing your CPU miner A handy piece of software called cpuminer is the easiest way to start mining, but does require the ability to use the command line on your computer. The program can be downloaded from SourceForge and is available for Windows (32 and 64 bit), OS X and Linux. For the purposes of this guide, though, we are making the assumption that you are using the Windows OS. First, download the appropriate file for your operating system. The zip file can be extracted to anywhere on your hard drive, as long as you remember where it went. A good idea would be to create a 'cpuminer' folder on your desktop. Writing your script So, how to set up cpuminer with the parameters needed for your mining pool? Well, it's usually simplest to write a one-line script (known as a 'batch file' in Windows) to launch the miner with the correct instructions. To do this you will need the following: The full path of the directory in which the mining program ("minerd.exe") is stored (eg: "C:\cpu-miner-pooler"). The 'stratum' URL of your mining pool server (eg: "stratum+tcp://pool.d2.cc"). The port number of your mining server (eg: "3333"). Your mining pool username (eg: "username"). Your worker name or number (eg: "1"). Your worker password (eg: "x"). Now, open Notepad or your preferred text editor. Do not, however, use a word processor such as MS Word. Next, enter the script using the following formula (note that this method assumes you are mining a currency that uses the scrypt algorithm): start "path" minerd.exe - -url URL:PORT –a scrypt - - userpass USERNAME.WORKER:PASSWORD So, using the example details above, you would have produced the following text: start "C:\cpu-miner-pooler" minerd.exe --url stratum+tcp://pool.d2.cc:3333 -a scrypt --userpass username.1:x Save this file with a ".bat" extension; for example: "my-mining-profile.bat". Once the batch file is saved, double click it to activate the miner program. Your mining pool will most likely have a web-based interface and, within a few minutes, the website should show that your mining worker is active. Now that you know how to mine with the CPU, let's have a look at using your GPU. Setting up your GPU miner For those that intend to mine with GPUs, or USB mining devices, cgminer is the program to use and can be downloaded from the developer's website – unless, that is, you're a Mac user, in which case you will find some unofficial binaries here. Versions of cgminer following version 3.72 do not support scrypt mining, and support for GPUs was removed in version 3.82. Therefore, the latest version isn't necessarily the one to download. Instead, seek out the version appropriate for your needs. Again, in this example, we are making the assumption that you are using the Windows OS. However, if you are using Linux or OS X, the command line arguments (ie: the parameters) are the same. Furthermore, the instructions below once again assume you will be mining a scrypt currency. Extract the software into a folder that can easily be found, eg: "c:\cgminer\". Before going any further, make sure that your graphics drivers are up to date. Next, press the Windows key together with the "R" key, type in "cmd", and press "enter". This will open the command terminal. Use the "cd" command to change the directory to the one housing the cgminer zip file. Then, type in "cgminer.exe –n". This will list all recognised devices on your PC. If your graphics card is detected, you should be good to go. If not, you'll have research the steps required to properly set up your specific graphics card. You will now need your mining pool details, just as with the CPU mining section above: The full path of the directory in which the mining program ("minerd.exe") is stored (eg: "C:\cpu-miner-pooler"). The 'stratum' URL of your mining pool server (eg: "stratum+tcp://pool.d2.cc"). The port number of your mining server (eg: "3333"). Your mining pool username (eg: "username"). Your worker name or number (eg: "1"). Your worker password (eg: "x"). Now we'll make a batch file again, in order to start cgminer up with the correct parameters. In this case, the command structure is: Start "path" cgminer -- scrypt -o URL:PORT -u USERNAME.WORKER -p PASSWORD For example, Start "C:\cgminer\" -- scrypt –o stratum+tcp://pool.d2.cc:3333 --userpass username.1:x Watching your miner Now the mining software of choice is set up, you will see various statistics scrolling across your command line terminal. If you are using cgminer, you will see more information than you would with cpuminer. In the case of the former, you will see information about the currency and the mining pool, as well as about your mining hardware. If you're running cpuminer, you will only see references to blocks that your PC has solved; although, it does, at least, show your hashing speed. Maximising your power Good news for miners who own PCs with dedicated graphics cards: it is possible to run both cpuminer and cgminer at the same time. To make this possible, add a "-- threads n" argument to the minerd command. Here, "n" stands for the number of CPU cores that you wish to employ for mining. Remember to leave one or two cores free to control your GPUs, though. Setting minerd to use all CPU cores will mean that the CPU will be too busy to send data to the GPU for processing. For example, if you have a quad core CPU, try setting the "--threads" argument to "2" or "3". Mining with both GPU and CPU concurrently reveals just how much better GPUs are at mining than the CPU. Compare the hash rates shown in the terminal windows for each of your mining programs and you should see at least a five-times difference in hashing speed. Source : https://www.coindesk.com/information/how-to-mine-litecoin/
  3. Hello and welcome to this Verge vs Monero guide. I’ve put it together to introduce some of the fundamental concepts about these two interesting, privacy-focused cryptocurrencies. In this Monero vs Verge coin review, I’ll cover the basics of Verge vs Monero and how each of these cryptocurrencies achieve privacy. I’ll explain the reasons why privacy-focused currencies might be important and why each of these currencies has been adopted for different uses. We’ll then discuss the speed of both the Monero and Verge blockchains, and how each currency plans to scale to meet potential future demand. We’ll cover the teams behind each of the projects, the history behind them and also some market price analysis. So, by the end of this Verge vs Monero coin review, you’ll have a much better understanding about both Monero and Verge. You should then be able to tell which you would want to use or invest in. There’s loads to get through in this Verge vs Monero guide, so let’s begin already! Monero vs Verge: The Basics Monero Monero was originally created in 2014. The first version of the currency was called BitMonero. However, this was shortened to simply Monero early on. Monero uses the same code base as another cryptocurrency called Bytecoin. However, there are a few differences. The original decision was made to fork Monero from Bytecoin because of some controversy surrounding the original distribution of Bytecoin. It was discovered that around 80% of the total supply of Bytecoin had already been mined when it was launched. Many in the cryptocurrency community disagreed with this. Therefore, it was decided to fork Bytecoin to form Monero. Unlike Bitcoin, Monero uses the CryptoNote protocol. CryptoNote is a different mining algorithm to Bitcoin’s SHA-256 algorithm. Don’t worry if you don’t know what these are, it’s not important to have a good knowledge of these terms to be able to use Monero! Like Bitcoin, Monero is a proof-of-work cryptocurrency. This means that computational power is needed to verify transactions on the network. The computer systems providing this power are known as miners. However, unlike Bitcoin it’s still possible to mine Monero using regular computers (with a CPU) or high-end gaming machines (using a GPU). To learn more about Monero, follow my guide here. Verge Verge was first launched in 2014. It’s a decentralised and open-source cryptocurrency. Like Monero, its purpose is to provide private transactions for its users. It was originally called DogeCoinDark. However, it changed name to Verge in 2016. Verge shares a lot of the same coding as Dogecoin. However, the development team claim that it is not based on the original “meme-coin”. There is a lot of dispute within the cryptocurrency community about this. There is a massive maximum supply of 16.5 billion Verge coins that will ever be mined. This is considerably more than many other cryptocurrency projects. That’s why the price is so low and has never reached even a single dollar. Like Monero, Verge is a proof-of-work coin. However, it uses five different mining algorithms. The idea behind this is to increase decentralisation on the network. By using so many different algorithms, many different units can successfully mine Verge. The more miners there are on a blockchain, the more secure it should be! Curious to learn more about Verge? Privacy in Verge vs Monero Verge vs Monero, which is the most private? Well, both achieve their privacy in different ways. For its privacy, Monero uses a combination of cryptographic protocols. These are called ring signatures and the CryptoNote algorithm. Now, unless you’re good at programming (and let’s face it, if you’re reading this article, you’re probably not), you’re going to struggle to understand exactly how each of these works. Don’t worry, instead of confusing the pants off you, I’ll simplify it for you. The Monero network essentially groups transactions together. It then sends the correct amount of Monero to receiving addresses from this group. This means that no one can tell exactly who sent what to who. Meanwhile, Verge’s privacy is achieved in a completely different way. It has two different ledgers: a public one and a private one. Transactions made using the public ledger are visible for anyone to see. However, the tool that makes it possible to browse the dark web in secret (Tor), along with an anonymous network layer, hides the IP addresses and locations of those who make transactions. This is how Verge’s private ledger works. It behaves more like Monero’s in that no one can see any of the transactions occurring on it. Why Go Anonymous Anyway? There are many reasons why someone would want to transact anonymously. Some of them are morally questionable and others less so. Let’s look at the most common: Firstly, there is the dark web use case that Bitcoin became famous for in its early existence. However, not all the people that use the dark web do so to buy substances and items to use for self-serving reasons. For example, people who live in parts of the world where medicinal cannabis is illegal can use the dark web to get access to life saving treatments. In the UK, high strength cannabis oil used to treat cancers, epilepsy, and a range of other conditions is almost impossible to get hold of. However, thanks to the dark web, patients can self-medicate, and parents of sick children have a chance to treat their kids without having to meet dangerous dealers in the streets. Another use case that is emerging for anonymous cryptocurrencies is cybercrime. One attack that uses anonymous payments is ransomware. Ransomware involves encrypting the data on a computer system. This is done with a piece of software downloaded onto the system. The attacker requests a payment be made to unencrypt the data. Of course, if you can take payment in an anonymous currency, your chances of being caught performing such a criminal act are lower. A very different use for private currencies involves people of certain lifestyles or sexualities. If they were born in some nations, the punishments for being gay, for example, might be severe. This could make a person want to flee the country or seek services to meet people in similar situations. With the penalties being so stiff, it’s understandable that they might want to pay for such services using an anonymous currency. Adoption Now that I’ve explained some of the reasons why someone might want to use an anonymous currency in the first place, it’s time in this Verge vs Monero guide to look at how each of these currencies is currently being adopted. Interestingly, despite their similar properties, Monero and Verge’s adoption have been rather different from one another. Monero The first and most obvious use case of Monero is on the dark web. Of the many different anonymous cryptocurrencies, Verge included, Monero seems to be the one most used on the dark web. It is quickly taking over Bitcoin as the currency of choice on various hidden marketplaces. Another use case that Monero has found is to evade economic sanctions imposed on certain countries by others. The likes of North Korea have previously hacked various cryptocurrency exchanges. They then convert the stolen money into Monero. This means that it can be moved around and used to pay for goods and services on global black markets. By moving money using an anonymous currency, it’s impossible for the US and other world powers to limit their activity by denying financial services or trading with them. Monero also seems to be becoming the preferred currency for those wishing to perform the kind of attacks that I mentioned in the previous section. Those behind such cybercriminal acts are moving quickly from Bitcoin to Monero thanks to its enhanced privacy functions. In-Browser Mining and Crypto-Jacking A final use case that Monero has found can be both a positive and negative one. Since Monero can be easily mined using both CPUs and GPUs, it has become a clear choice for what is known as in-browser mining. In-browser mining is cryptocurrency mining that is done from within a user’s internet browser. The first reason for in-browser mining is to make money. It’s not very efficient but a user can launch in-browser mining software to earn small amounts of cryptocurrency whilst they browse. In-browser mining can also be used to monetize a webpage instead of using adverts. Somewhere on the page it will usually say that some of your computer’s resources are being borrowed by the site to mine Monero for the publisher. Alternatively, this can also be done without the user’s permission. When this is the case, it is a form of “crypto-jacking”. Crypto-jacking can also be done by installing malicious software on a computer system to mine Monero or other cryptocurrencies when the user is not visiting a specific website. Finally, in-browser mining can also be used for charitable reasons. Children’s charity UNICEF have launched a website called The Hopepage. The idea behind The Hopepage is to let users donate some of their computing power to mining cryptocurrency whilst they browse. There are options to donate between 20% and 80% of the visitor’s computer power. At the time of writing, there were almost 18,500 people donating computing power to the charity! Verge Verge’s adoption seems to be slower but somewhat more positive than that of Monero’s. There are less cybercriminals and rogue states currently using the currency for one thing! One recent development that had the Verge community excited was the signing of a partnership with the parent company (MindGeek) of the planet’s leading pornography website, PornHub. The “YouTube of porn” started accepting the currency for payment for any of their premium features in April of 2018. In addition, two of the site’s sister pages (Brazzers and Nutaku) also now accept Verge for payments. The team behind MindGeek and PornHub said they favoured Verge because of its anonymous features. Not everyone wants to make it public that they’re looking at pornographic material so for PornHub, it made sense to use Verge rather than Bitcoin or Ethereum, for example. Another partnership that Verge has managed to secure is with Token Pay. Token Pay is a firm with its own cryptocurrency that is looking to make cryptocurrency payment cards. Along with their partnership with Verge, Token Pay have also partnered with WEG Bank AG from Germany. The partnerships with MindGeek and Token Pay are potentially very exciting for the Verge project. This is because there could be an influx of people who learn about cryptocurrency and Verge specifically thanks to them using PornHub, Token Pay, or the WEG Bank AG. Speed The Monero blockchain has a block time of two minutes. This means that new blocks of transactions are formed once every 120 seconds. This makes it about five times faster to transact with than Bitcoin. Meanwhile, Verge has a block time of 30 seconds. This makes it considerably faster to transact with than Bitcoin and around four times faster than Monero. The figures quoted above presume that transactions can fit in the next block. If either network is congested with a lot of transactions, the time it takes to send Monero or Verge will be longer. Scalability Let’s take a look at Verge vs Monero scalability. Monero Monero uses what is called a dynamic block size limit. This means that the blocks grow and shrink as demand for Monero increases or decreases. Larger blocks can fit more transactions in them so that more people can use the Monero network at the same time. However, since the network is yet to achieve the same popularity as the Bitcoin, it is unclear how this scalability solution will work in practice. Verge The team behind Verge claim that it is much more scalable than Bitcoin. They are currently working on adding RSK (rootstock) to Verge. Rootstock is a second layer protocol that is also being designed to work with Bitcoin. It is believed that this will make the network be able to handle around 2,000 transactions per second. This is a considerable increase from the current maximum of 100 transactions per second. Rootstock will also allow developers to create smart contract-based applications like those on the Ethereum network. Monero vs Verge: The Teams It’s always good to compare the teams when looking at different cryptocurrency projects. However, since anonymity is the goal of both the Verge and Monero projects, the teams are largely a kept a secret. Yet, let’s look who has the better team in Verge vs Monero comparison. The Monero Team Only two of the lead developers behind the Monero project are known by their real names. These are Riccardo “fluffypony” Spagni and Francisco “ArticMine” Cabañas. Spagni is the most vocal of the developers and is very active on Twitter under the handle @fluffypony. He has many years’ experience as a software developer and has education in logistics and informatics. Joining Spagni and Cabañas are a long list of developers who prefer to go by aliases. Since little is known about the team, I’ll have to cut this section short! The Verge Team Slightly more is known about the Verge team. However, like those working on Monero, many of these developers prefer to go by aliases. Despite this, there is more information published about the members. The founder of Verge uses the alias Sunerok. He has over 20 years’ experience in network security and has worked on blockchain development for over six years. Sunerok is joined by Sasha. Sasha holds a master’s degree in economics and a bachelor’s degree in business administration. He also freelances as a data scientist. Verge’s marketing department is headed by Kieran Daniels. Daniels has previously worked at Instapage.com, as well as founding Dextroid.io and CryptoAnswer.com. Verge vs Monero: Market History to Date Next in this Verge vs Monero guide, I’ll look at the market history of both projects. Like most cryptocurrencies, they follow similar trends. However, certain news events also impacted on the price of each of the currencies. Monero In Monero’s early years, the price didn’t see any great moves in either direction. This changed towards the end of 2016 when the entire cryptocurrency market began to see an uptrend. As 2016 turned into 2017, this upwards movement got faster. By the middle of 2017, Monero, like many other digital assets, experienced explosive growth. The price of a single Monero coin peaked at around $500 per coin in January of 2018. Since its high point, the price has experienced a downtrend. This is consistent with the rest of the market. Apart from a few jumps in price, Monero’s price has slowly declined to the point it is at today (July 3, 2018) of around $137. You can see the entire market history of Monero below. Verge Verge’s story is like that of Monero. However, it took slightly longer for Verge to start its uptrend. For much of its early life, Verge cost just fractions of a cent. There was a brief period of optimism in spring 2016 but this quietened down quickly, and the largely flat line continued. It would be a whole year later, in April 2017, that the cryptocurrency community noticed Verge properly. The price experienced an uptrend that would continue throughout 2017. It reached a high of just over 28c in December 2017. Unfortunately, since then it has largely been trending downwards to its price today of over 0.023c. However, like Monero, there have been periods during 2018 that the price bounced up again. The announcement of the MindGeek partnership was the cause of one of these uptrends. You can see the entire history of Verge’s price movements in the graph below. Verge vs Monero: The Conclusion So, that’s it! This Verge vs Monero guide is all done. Did you learn a lot? I hope so! These are just two of the many different privacy-focused cryptocurrency projects around today. Many different teams of developers are trying their best to become the go-to privacy-focused coin for use when making potentially sensitive transactions. One thing to beware of is the legality of such coins. Already in Japan, the authorities are trying to stamp out the use of anonymous cryptocurrencies such as Verge and Monero. Whilst it would be very difficult for global authorities to do this entirely, such a crackdown would be very bad for the long-term price prospects of privacy-focused cryptocurrencies. This is something to be aware of if you’re planning on investing in such coins. That said, there are plenty of legal uses of private currencies. Not everyone is comfortable with the government knowing their spending habits down to the last cent, for example. Then there are uses that are illegal in one piece of land and completely legal over a border. In a world where ideas and now money can move around the globe in seconds, this seems completely ridiculous to deny certain potential medicines based on the location you were born in. Clearly, there are lots of good reasons for privacy coins to exist. So, now that we’re all done, what do you think? What would like to use a private currency for? We’d love to hear your thoughts! Source : https://www.bitdegree.org/tutorials/verge-vs-monero/
  4. (A visual representation of the digital cryptocurrency, bitcoin is displayed on December 22, 2017 in Paris, France. (Photo by Chesnot/Getty Images) The bitcoin price, which last week looked set to fall under the psychological $6,000 mark after a substantial sell-off, has managed to hold its ground over the last few days — though the same cannot be said of other major cryptocurrencies, including ethereum and ripple (XRP). Bitcoin, which has been hovering around $6,400 since falling to just over $6,000 on most major exchanges on Friday, has again beaten off some of its biggest rivals — most of which have struggled more than bitcoin to support their valuations this year after 2017's massive bull run. In the last 24 hours bitcoin has added a little over 1% to its price, while ethereum is off by 2.5% and ripple (XRP) is down by 1.7%. Over the past five days, some $43 billion was wiped out off the wider cryptocurrency market from a total of $257 billion on August 7. The price of ethereum (traded through the token ether) was unable to find support from an announcement from its widely respected founder Vitalik Buterin, who laid out plans for a blockchain consensus algorithm which can survive a so-called 99% attack over the weekend. Buterin has proposed a way to detect if miners are trying to perform a 51% attack and shut it down before it builds traction, providing additional safety guarantees. If Buterin finds a way of implementing this 1% consensus algorithm it will go some way to making ethereum one of the most robust cryptocurrencies around . Source : - https://www.forbes.com/sites/billybambrough/2018/08/13/bitcoin-isnt-giving-up-ground-as-etherum-and-ripple-fall-heres-why/#2f385e4d1ace
  5. A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand – one that drew public attention due to the alleged involvement of a Thai film actor. According to a media report from Bangkok Post on Monday, a group approached and solicited Finnish businessman Aarni Otava Saarimaa in June 2017 over investment in several Thai stocks, a casino in Macau and a new cryptocurrency called Dragon Coin. The group claimed that upon issuance, Dragon Coin could be used at the casino, the report said. They also brought Saarimaa to the Macau casino in order to demonstrate the legitimacy of the project. Saarimaa, who bought into the scheme, transferred a total of 5,564 bitcoins to the group, the report indicted. Having seen no returns months after the investment, Saarimaa filed a complaint to Thailand's Crime Suppression Division (CSD) in January, together with his local business partner who believed the investment plan was a scam. The CSD subsequently launched an investigation and alleged in the report that the group did not make any investments for Saarimaa, but instead liquidated all the bitcoins into Thai baht and deposited the funds into seven bank accounts. Although it is unclear when the group sold the bitcoin assets, the CSD said the fraudsters made off with nearly 800 million baht, or around $24 million. Following a months-long investigation, the CSD also suspected that the Thai film actor Jiratpisit "Boom" Jaravijit was involved in the plan and arrested him last Wednesday. The CSD further alleged that the actor's sibling Prinya Jaravijit is suspected to be the "ringleader" of the scheme and has left Thailand for the U.S. via South Korea. The CSD is now collaborating with authorities in the U.S. to track down the primary suspect, the report stated. Source : https://www.coindesk.com/crypto-millionaire-lost-5500-bitcoins-in-alleged-investment-scam/
  6. sid021sp

    Anonnep Multi-site Coin Exchange/Transfer Services

    I dont like this type of exchange service but you are legit guy . Good Luck for your business .
  7. Is it really possible to 100X your balance in 30 Days? Lets find it out together. What you will need to do? 1) Pick any coin you want to 100X: BTC, ETH, LTC or Doge any you want to play with . 2) Then head over: https://docs.google.com/spreadsheets/d/18usfcKFUQcSQMePf7wJSFyrs-ZrsI4SvwN6ee32CZW8/edit?usp=sharing ( Download or Make a Copy of this google sheet to edit it. If you are having troubling editing it just google or watch on YouTube :" how to download or make a copy of google sheets ". You will definitely find some easy explanations.) It will look something like this: 3) Enter your starting balance in the black box you just need to do this one time. The green one is the projection if everything works out as expected how much will you make while the other one is for your use. 4) Set your daily target (D.T.) % in the black box which ask you to Enter Your D.T. %. Now you play and try to achieve the D.T. Try to break down the D.T. to smaller. Like in this case, 25 is the D.T. so you can try to make 1 twenty five times or 0.5 fifty times the choice is yours. Do not try to set more than 1% of balance as the target. Its easy to achieve 1% else you can end up chasing when you lose big and bust it all. New version 2.0. of the calculator will help you to break down the target to smaller targets. You just need to enter the current balance and pick one of the two choices use profit target to calculate no. of sessions or the no. of sessions to calculate profit target. After every 1% or less achievement stop for a while, change prediction and then start to achieve another more till you have reached your goal. The house works on 1% house edge why not we too play on the 1% rule ***You stop immediately if you either win 25% or loss 25% of your balance. Balance to refer to for this is your starting balance (S.B.) till you 2X your starting balance(S.B.). Now once you reach 2X your S.B. is now that. You wait until you 2x that again to use the another new balance as the S.B. This way you stay more safe. E.g. We start with 100 DOGE, we work out our bets according to 100 DOGE till we reach 200 DOGE. After this we calculate bets according to 200 DOGE and will do till we reach 400 DOGE and so on. For easy calculation of your bets you can use bet calculators here : https://www.smartgamblingedge.com/2018/07/how-to-use-our-amazing-calculators.html 5) At the end of the day enter your daily achievement in the achievement box( A.B.) corresponding to the day. If you are down just put - in front of the number and enter it in the A.B. ( Use the red column for entry. ) E.g. Lets suppose on Day 1 you profit 26 you just enter 26 in the A.B. On Day 2 you win 32, you enter 32 in A.B. On Day 3 you loss 25 now you enter -25 instead of just entering the number like before. You do not need a big balance to try it just with 10 DOGE it will work too. Worst case you loss that 10 DOGE and if it work out all good you will definitely a lot of DOGE to play with If 100X is too much to handle you can always reduce it to what works best for you. 25% daily earning is not that hard in gambling so I set it to 25%. Credit : Amarcrypto = https://forum.stake.com/profile/5639-amarcrypto/
  8. sid021sp

    Which browser working good for me

    This is not browser problem , problem is google recaptcha , it sucks like hell . I will try yandex browser .
  9. Good Luck Bro . Username - sid021sp
  10. sid021sp

    Easy earn BTC!

    This is scam don't join this please .
  11. sid021sp

    Duckdice.io And bitsler.com

    Both of this sites are legit , and paying instanly .
  12. sid021sp

    Earn 5$ or more every month doing nothing

    is this a browser app ?
  13. Whenever I press max bet , I loss everytime . Manual is not working for me ,
  14. sid021sp

    Dark mode on forum available?

    Put Black Googles on your eyes .
  15. I try to find best strategy that makes me atleast 1 btc form faucet
×