https://mobile.twitter.com/AlphaexCapital/status/1220599773490753537
Thursday, January 23, 2020
@AlphaexCapital : DiNapoli Trading Method is proven & highly-effective adaptation of the Fibonacci Levels. In this quick guide learn how to use the DiNapoli Trading Method => https://t.co/6xmUoMybjc #forex #investing #bitcoin #crypto #xrp #btc #eth #forexsignals
https://mobile.twitter.com/AlphaexCapital/status/1220584675380473861
Bitcoin Acquiring Overview - Easy 3-Step Overview to Acquiring Your Very First Bitcoin
Trying to find a Bitcoin Purchasing Guide? Wondering where to start? People have a lot of misunderstandings about bitcoin - the extremely first widely known and accepted cryptocurrency worldwide.
A great deal of individuals assume for example that just cyberpunks and questionable individuals utilize it. However bitcoin is actually going mainstream with every person from TigerDirect to Expedia.com to Dell as well as also Subway accepting repayments in bitcoin now.
Why so preferred?
Well, bitcoin has a lot of advantages over various other money. As an example, you can send bitcoins to a person as repayment without needing to go through the bank middleman (as well as obtain hit with additional costs). It's also much faster than sending cash via a bank wire or transfer. You can send out bitcoins to a person as well as have them getting the coins in secs.
With every one of this, it's not a surprise that many people are now shopping bitcoin for the first time. However it's not as very easy as going to your bank as well as taking out bitcoins - or mosting likely to a shop and paying some hard-earned cash money for bitcoin.
The system works a bit in a different way than that. This Bitcoin Buying Overview will certainly go over a couple of points you need to recognize prior to you buy - so you can purchase securely and securely.
To start with, while the rate could be over $2000 us per coin, you do not need to purchase an entire bitcoin. The majority of locations will certainly allow you purchase portions of a bitcoin for as low as $20. So you can start off little and go from there as you obtain more comfortable with the way points function.
Second of all, this article is for general purposes just and also not to be taken as financial advice. Bitcoin can be high-risk as well as before making any kind of purchase you should talk to your economic expert to see if it's right for you.
So below are 3 very easy actions to buying Bitcoins:
# 1 Get a Bitcoin Purse
The initial thing to do before you acquire your coins is to obtain a virtual wallet to store your coins. This budget is a string of message that people can make use of to send you bitcoins.
There are a variety of different kinds of budgets consisting of ones you download to your phone or computer, on the internet wallets as well as even offline, cold storage purses.
Most people favor to get a purse on their phone or computer system. Popular budgets consist of Blockchain, Depot, Bitgo MyCelium and Xapo.
Usually it's as simple as downloading the budget to your phone as an app or downloading and install the software to your computer from the wallet's primary website.
# 2 Make a decision Where to Get
There are a number of kinds of locations to get and also every one is a bit various. There are on the internet sellers that will certainly offer you bitcoins directly for cash money (or financial institution cable or credit card).
There are exchanges where you can deal bitcoins from others - comparable to a stock exchange. There are additionally local exchanges that link you up with sellers in your location looking to offer.
There are also ATMs where you go to buy with money as well as get your coins provided to your purse in mins.
Each bitcoin vendor has their advantages and also drawbacks. For instance Atm machines are fantastic for personal privacy, yet they'll bill you approximately 20% on top of the current price, which is absurd. (On a BTC cost of $2000, that $400! So you're paying $2400 instead of $2000).
Regardless of where you choose to get, bear in mind to do your research as well as choose a trusted seller with a good track record and strong customer support. Very first time purchasers will particularly have inquiries as well as might need the extra support to assist them with their first deal.
Take your time as well as research the different locations to purchase before you determine. Aspects to consider include coin rates, added fees, approach of payment and customer service.
# 3 Buy Bitcoin and also Move It To Your Purse
As soon as you have actually discovered a place to acquire, obtain your funds prepared (i.e. you may send a cable transfer or use your Visa to money your account). Then wait on an excellent price. (Bitcoin costs are always changing 24-hour, 7 days a week). After that place your order when you prepare.
When your order is filled as well as you have your coins, you'll intend to send them to your pocketbook. Just enter your bitcoin address and also obtain the seller to send you your bitcoins. You must see them appear in your pocketbook within mins to an hour (depending upon how fast the vendor sends them out).
Voila, you are currently a bitcoin owner. You can now send out coins to spend for various other items as well as solutions, or hold on to them for a wet day.
One last point to keep in mind: bitcoin is still in its infancy. There are big cost swings as well as the currency can be high-risk. Never acquire more bitcoins than you can pay for to lose.
Five Years of Bitcoin Trendlines All Lead to This One Point; “Fireworks†Inbound (current BTC/USD price is $8,375.24)
Latest Bitcoin News:
Five Years of Bitcoin Trendlines All Lead to This One Point; “Fireworks†Inbound
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
[Daily Discussion] Friday, January 24, 2020
Thread topics include, but are not limited to:
- General discussion related to the day's events
- Technical analysis, trading ideas & strategies
- Quick questions that do not warrant a separate post
Thread guidelines:
- Be excellent to each other.
- Do not make posts outside of the daily thread for the topics mentioned above.
Other ways to interact:
- Get an invite to live chat on our Slack group
- Set your flair to trade pretend money in the Flair Game
- Weekly threads: Newbie Mondays and Fundamentals Fridays
- Altcoins Discussion: Altcoin Discussion
[Altcoin Discussion] Friday, January 24, 2020
Thread topics include, but are not limited to:
- Discussion related to recent events
- Technical analysis, trading ideas & strategies
- General questions about altcoins
Thread guidelines:
- Be excellent to each other.
- All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
- This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
- No discussion about specific ICOs. Established coins only.
If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.
Other ways to interact:
- Get an invite to live chat on our Slack group and check out the #altcoins channel
- Daily Discussion for bitcoin only: Daily Discussion
- Prior Altcoin Discussion: Altcoin Discussion
ModafinilXL - First time experience over the holidays
I'm from NY, working as an in house developer for a major events company in the city. I quite liked the support and eventual delivery from this company. It was my first time trying something like this. I used bitcoin (coinbase), which was also worth the research to set up and use for payments. I'll certainly return to both bitcoin and the company in the future.
It was not quick actually receiving the shipment (about 30 days) but I had ordered right around christmas. It was pretty clear it got stuck in an overwhelmed customs system in the US and was not any negligence by ModafinilXL.
When I did worry I reached out a couple times to their support and received timely answers explaining this to me and ensuring that I hang in there.
I received it today, took a half armodafinil... Super happy with the outcome. Very much the affect I expected. I am searching for something that's less damaging that the old NYC love affair with cocaine, but eliminates fatigue and promotes concentration, and I believe this has huge potential. Even as a cessation strategy for cocaine I think this should be seriously looked at... indeed, check this article: https://www.ncbi.nlm.nih.gov/pubmed/12681523
I'm in no way affiliated with Modafinilxl (although I'll probably link this comment to them and ask for a coupon or something, lol). I had apprehensions about trying something like this. I come from a family of MDs and am hopeful for how this med could be used responsibly, and particularly as a way out from over-dependancy on cocaine. Very, very interesting prospects and a good experience overall.
Make over $800 overnight with this great method! [AUTOPILOT] - Fresh 2020 Method
Hey, thank you for checking my subreddit! In this post I will show you an absolutely the best method to farm huge amount of money without any investment or requirements.
This method pays around $1 per one ad click. (You can click 1 ad once every 30 seconds)
Of course clicking one button for the whole day would be boring, so I wrote a simple script that automatically clicks on these ads every 30 seconds. If you leave your PC and the script running, you can earn around 0.10 BTC overnight! This is absolutely insane. I was sceptical about this method, but decided to leave my computer for a few hours, and they are really paying out.
This is my transaction in blockchain, so you can check that they are 100% legit and paying money:
https://www.blockchain.com/btc/tx/1408605d2b80ad7c7008427515534850e5561e577d172dbafd264cd2b1ebe9c9
And this is my Bitcoin balance after a few hours of using this method. Remember that this method requires NO INVESTMENT! All you need is a Telegram account and a script that clicks the ads for you.
Guide:
- First of all, download Telegram from this website: https://telegram.org/
- Install the App, register a new account by using your phone number.
- Now simply go to this URL: https://t.me/BitcoinAds_Bot?start=855570484 and click “Open Telegram Desktop”
- Now you can start earning money. Simply press “View ads” to receive 1$ in Bitcoin.
- As I said before, clicking the ads manually is really boring, therefore I will give you my personal script to automate the whole process. To make the script work, you will need to login to your account in “Web” version of Telegram. Simply go to this link: https://web.telegram.org/#/login and login to your account by providing the phone number and the code that you received in the app or in sms:
- Now you should see a Web version of the app.
- Now simply right click with your mouse anywhere on the site and choose “Inspect” .
- Now go to “Console”. Important: If you can’t see the “Console” or “Inspect” button, make sure that you are using a Google Chrome (as I do), because in other browsers in could look a little bit different.
- Now paste this script in the “Console” and click Enter. The script will start after 30 seconds. Now all you need to do is leaving the Tab open, and you will earn 1$ every 30 seconds without doing anything! Script is available in this link: https://pastebin.com/raw/Hf8haJcV
Using the script is optional. You can of course do it manually, but with the script you can earn like $800 over night which is huge. You won’t find any method that pays you better than this one. Enjoy guys!
What is cryptojacking? How to prevent, detect, and recover from it
Criminals are using ransomware-like tactics and poisoned websites to get your employees’ computers to mine cryptocurrencies. Here’s what you can do to stop it.
Cryptojacking definition
Cryptojacking is the unauthorized use of someone else’s computer to mine cryptocurrency. Hackers do this by either getting the victim to click on a malicious link in an email that loads cryptomining code on the computer, or by infecting a website or online ad with JavaScript code that auto-executes once loaded in the victim’s browser.
Either way, the cryptomining code then works in the background as unsuspecting victims use their computers normally. The only sign they might notice is slower performance or lags in execution.
Why cryptojacking is popular
No one knows for certain how much cryptocurrency is mined through cryptojacking, but there’s no question that the practice is rampant. Browser-based cryptojacking grew fast at first, but seems to be tapering off, likely because of cryptocurrency volatility.
In November 2017, Adguard reported a 31 percent growth rate for in-browser cryptojacking. Its research found 33,000 websites running cryptomining scripts. Adguard estimated that those site had a billion combined monthly visitors.
In February 2018, Bad Packets Report found 34,474 sites running Coinhive, the most popular JavaScript miner that is also used for legitimate cryptomining activity. In July 2018, Check Point Software Technologies reported that four of the top ten malware it has found are crypto miners, including the top two: Coinhive and Cryptoloot.
However, Positive Technology's Cybersecurity Threatscape Q1 2019 report shows that cryptomining now accounts for only 7% of all attacks, down from 23% in early 2018. The report suggests that cybercriminals have shifted more to ransomware, which is seen as more profitable.
“Cryptomining is in its infancy. There’s a lot of room for growth and evolution,” says Marc Laliberte, threat analyst at network security solutions provider WatchGuard Technologies. He notes that Coinhive is easy to deploy and generated $300 thousand in its first month. “It’s grown quite a bit since then. It’s really easy money.”
Cryptojacking doesn’t even require significant technical skills. According to the report, The New Gold Rush Cryptocurrencies Are the New Frontier of Fraud, from Digital Shadows, cryptojacking kits are available on the dark web for as little as $30.
The simple reason why cryptojacking is becoming more popular with hackers is more money for less risk. “Hackers see cryptojacking as a cheaper, more profitable alternative to ransomware,” says Alex Vaystikh, CTO and cofounder of SecBI. With ransomware, a hacker might get three people to pay for every 100 computers infected, he explains. With cryptojacking, all 100 of those infected machines work for the hacker to mine cryptocurrency. “[The hacker] might make the same as those three ransomware payments, but cryptomining continuously generates money,” he says.
The risk of being caught and identified is also much less than with ransomware. The cryptomining code runs surreptitiously and can go undetected for a long time. Once discovered, it’s very hard to trace back to the source, and the victims have little incentive to do so since nothing was stolen or encrypted. Hackers tend to prefer anonymous cryptocurrencies like Monero and Zcash over the more popular Bitcoin because it is harder to track the illegal activity back to them.
How cryptojacking works
Hackers have two primary ways to get a victim’s computer to secretly mine cryptocurrencies. One is to trick victims into loading cryptomining code onto their computers. This is done through phishing-like tactics: Victims receive a legitimate-looking email that encourages them to click on a link. The link runs code that places the cryptomining script on the computer. The script then runs in the background as the victim works.
The other method is to inject a script on a website or an ad that is delivered to multiple websites. Once victims visit the website or the infected ad pops up in their browsers, the script automatically executes. No code is stored on the victims’ computers. Whichever method is used, the code runs complex mathematical problems on the victims’ computers and sends the results to a server that the hacker controls.
Hackers often will use both methods to maximize their return. “Attacks use old malware tricks to deliver more reliable and persistent software [to the victims’ computers] as a fall back,” says Vaystikh. For example, of 100 devices mining cryptocurrencies for a hacker, 10% might be generating income from code on the victims’ machines, while 90% do so through their web browsers.
Some cryptomining scripts have worming capabilities that allow them to infect other devices and servers on a network. It also makes them harder to find and remove; maintaining persistence on a network is in the cryptojacker's best financial interest.
To increase their ability to spread across a network, cryptomining code might include multiple versions to account for different architectures on the network. In one example described in an AT&T Alien Labs blog post, the cryptomining code simply downloads the implants for each architecture until one works.
The scripts might also check to see if the device is already infected by competing cryptomining malware. If another cryptominer is detected, the script disables it. A cryptominer might also have a kill prevention mechanism that executes every few minutes, as the AT&T Alien Lab post notes.
Unlike most other types of malware, cryptojacking scripts do no damage to computers or victims’ data. They do steal CPU processing resources. For individual users, slower computer performance might be just an annoyance. Organization with many cryptojacked systems can incur real costs in terms of help desk and IT time spent tracking down performance issues and replacing components or systems in the hope of solving the problem.
Real-world cryptojacking examples
- Spear-fishing PowerGhost steals Windows credentials
- Graboid, a cryptominder worm spread using containers
- MinerGate variant suspends execution when victim's computer is in use
- BadShell uses Windows processes to do its dirty work
- Rogue employee commandeers company systems
- Serving cryptominers through GitHub
- Exploiting an rTorrent vulnerability
- Facexworm: Malicious Chrome extension
- WinstarNssmMiner: Scorched earth policy
- CoinMiner seeks out and destroys competitors
- Compromised MikroTik routers spread cryptominers
How to prevent cryptojacking
Incorporate the cryptojacking threat into your security awareness training, focusing on phishing-type attempts to load scripts onto users’ computers. “Training will help protect you when technical solutions might fail,” says Laliberte. He believes phishing will continue to be the primary method to deliver malware of all types.
Employee training won’t help with auto-executing cryptojacking from visiting legitimate websites. “Training is less effective for cryptojacking because you can’t tell users which websites not to go to,” says Vaystikh.
Install an ad-blocking or anti-cryptomining extension on web browsers.
Since cryptojacking scripts are often delivered through web ads, installing an ad blocker can be an effective means of stopping them. Some ad blockers like Ad Blocker Plus have some capability to detect cryptomining scripts. Laliberte recommends extensions like No Coin and MinerBlock, which are designed to detect and block cryptomining scripts.
Use endpoint protection that is capable of detecting known crypto miners.
Many of the endpoint protection/antivirus software vendors have added crypto miner detection to their products. "Antivirus is one of the good things to have on endpoints to try to protect against cryptomining. If it’s known, there’s a good chance it will be detected," says Farral. Just be aware, he adds, that crypto minor authors are constantly changing their techniques to avoid detection at the endpoint.
Keep your web filtering tools up to date.
If you identify a web page that is delivering cryptojacking scripts, make sure your users are blocked from accessing it again.
Maintain browser extensions.
Some attackers are using malicious browser extensions or poisoning legitimate extensions to execute cryptomining scripts.
Use a mobile device management (MDM) solution to better control what’s on users’ devices.
Bring-your-own-device (BYOD) policies present a challenge to preventing illicit cryptomining. “MDM can go a long way to keep BYOD safer,” says Laliberte. An MDM solution can help manage apps and extensions on users’ devices. MDM solutions tend to be geared toward larger enterprises, and smaller companies often can’t afford them. However, Laliberte notes that mobile devices are not as at risk as desktop computers and servers. Because they tend to have less processing power, they are not as lucrative for the hackers.
None of the above best practices are foolproof. In recognition of that, and the growing prevalence of cryptojacking, cyber risk solution provider Coalition now offers service fraud insurance coverage. According to a press release, it will reimburse organizations for and direct financial losses due to fraudulent use of business services, including cryptomining.
How to detect cryptojacking
Like ransomware, cryptojacking can affect your organization despite your best efforts to stop it. Detecting it can be difficult, especially if only a few systems are compromised. Don’t count on your existing endpoint protection tools to stop cryptojacking. “Cryptomining code can hide from signature-based detection tools,” says Laliberte. “Desktop antivirus tools won’t see them.” Here’s what will work:
Train your help desk to look for signs of cryptomining.
Sometimes the first indication is a spike in help desk complaints about slow computer performance, says SecBI’s Vaystikh. That should raise a red flag to investigate further.
Other signals help desk should look for might be overheating systems, which could cause CPU or cooling fan failures, says Laliberte. “Heat [from excessive CPU usage] causes damage and can reduce the lifecycle of devices,” he says. This is especially true of thin mobile devices like tablets and smartphones.
Deploy a network monitoring solution.
Vaystikh believes cryptojacking is easier to detect in a corporate network than it is at home because most consumer end-point solutions do not detect it. Cryptojacking is easy to detect via network monitoring solutions, and most corporate organizations have network monitoring tools.
However, few organizations with network motoring tools and data have the tools and capabilities to analyze that information for accurate detection. SecBI, for example, develops an artificial intelligence solution to analyze network data and detect cryptojacking and other specific threats.
Laliberte agrees that network monitoring is your best bet to detect cryptomining activity. “Network perimeter monitoring that reviews all web traffic has a better chance of detecting cryptominers,” he says. Many monitoring solutions drill down that activity to individual users so you can identify which devices are affected.
"If you have good egress filtering on a server where you’re watching for outbound connection initiation, that can be good detection for [cryptomining malware]," says Farral. He warns, though, that cryptominer authors are capable of writing their malware to avoid that detection method.
Monitor your own websites for crypto-mining code.
Farral warns that crypto jackers are finding ways to place bits of Javascript code on web servers. "The server itself isn't the target, but anyone visiting the website itself [risks infection]," he says. He recommends regularly monitoring for file changes on the web server or changes to the pages themselves.
Stay abreast of crypto jacking trends.
Delivery methods and the crypto-mining code itself are constantly evolving. Understanding the software and behaviors can help you detect crypto jacking, says Farral. "A savvy organization is going to stay abreast of what’s happening. If you understand the delivery mechanisms for these types of things, you know this particular exploit kit is delivering crypto stuff. Protections against the exploit kit will be protections against being infected by the cryptomining malware," he says.
How to respond to a cryptojacking attack
Kill and block website-delivered scripts.
For in-browser JavaScript attacks, the solution is simple once cryptomining is detected: Kill the browser tab running the script. IT should note the website URL that’s the source of the script and update the company’s web filters to block it. Consider deploying anti-cryptomining tools to help prevent future attacks.
Update and purge browser extensions.
“If an extension infected the browser, closing the tab won’t help,” says Laliberte. “Update all the extensions and remove those not needed or that are infected.”
Learn and adapt.
Use the experience to better understand how the attacker was able to compromise your systems. Update your user, helpdesk and IT training so they are better able to identify cryptojacking attempts and respond accordingly.
SOURCE LINK: https://www.csoonline.com/article/3253572/what-is-cryptojacking-how-to-prevent-detect-and-recover-from-it.html (Sometimes requires you to log-in).
How Payswap Can Confuse Blockchain Analysts, Benefiting Bitcoin Privacy for All (current BTC/USD price is $8,410.48)
Latest Bitcoin News:
How Payswap Can Confuse Blockchain Analysts, Benefiting Bitcoin Privacy for All
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
The One Thing EVERYONE Must Know About the Dev Funding Plan: IT'S COMPLETELY FREE.
sigh I get so tired of having to stop working to put out a post explaining issues. If anyone else wants to join in I could use help. (actually I've seen Jonald F. do this before too, so thanks JF!)
Things are bad when even developers don't understand what's going on. So I'll try to clearly explain an important point on the Dev Funding Plan (DFP from now on) for the community: it's completely free. Yet we still get panicked posts saying Please Save Us from the TAX!!! Somebody Help!
You may be for or against the DFP, but either way please at least understand what you're forming an opinion on.
Let's start from the beginning. We know Bitcoin works on blocks and block coin rewards. The block reward, which started at 50 coins per block, and cuts in half approximately every 4 years, serves two purposes: it's a fair way to bring coins into circulation, but more importantly it provides security for the network.
For simplicity, please think of "security" as being measured in power bars. When the network first started, with just Satoshi and Hal Finney, there was 1 power bar. This power bar was made up of the electricity their combined computer hardware used to find blocks. They were the first miners. Bitcoin uses a difficulty level to adjust how hard or easy it is to find blocks. This level is important for a key reason: we want the inflation rate of coins (how fast they come into circulation) to stay about the same, regardless how many miners (computing power) suddenly comes online. If the difficulty is set at super easy, but suddenly a super computer comes online that computer can gobble up thousands of coins in minutes if not seconds, creating massive rapid inflation. So the first thing to understand is that due to the Difficulty Level Adjustment the rate of coins coming into circulation will always stay about the same, regardless how many miners join or leave the network.
Getting back to power bars. So the point of Bitcoin is there is no center, no fixed authority. The problem is we still need a decision made about which chain is valid. This is where proof-of-work comes in. Satoshi's fairly brilliant solution to a consensus decision, with no leader, was to simply look for the longest chain (technically the chain with most hashing work). The reasoning was: as there are far more ordinary people than there are governments and dictators a Bitcoin supported by the all the world's people should always be able to muster more hashrate than even rich governments.
So Bitcoin began and people saw the brilliance: even with a weak power bar level of 1 (a couple computers), Bitcoin was safe from 51% attacks and attacking govs competing for control of the chain because a super low hashrate meant Bitcoin wasn't popular and govs wouldn't bother paying attention. By the time Bitcoin was big enough for govs to worry about attacking it should also have so many participants the power bar level would be far higher, providing strong defense.
Let's say the ideal power bar level is 50,000. At this level no government on earth has enough resources to beat the grassroots network. We hear people brag about how much security BTC has. However, the marketcap for all of BTC is about $160B. Countries like the U.S. and China have GDP measured in many trillions; a trillion is 1,000 billion. Does 160B really seem untouchable? For numeric comparison the main U.S. federal food assistance program cost the government $70B in 2016, representing about 2% of the budget. So the entirety of the BTC market cap is about twice the size of one welfare program, representing 2% of the overall budget. Where should we place the current security power bars if we want guaranteed safety from a determined U.S. gov? If 50,000 is guaranteed safe we're far from it. I'd say BTC is more like 5,000. That's still pretty decent.
Of course, BCH split from BTC... and didn't carry over all the miners and accompanying security. That's not an immediate concern because if BTC isn't on government's radar yet BCH sure isn't. However, that doesn't mean BCH doesn't need security from hostile forces. It's still a valuable network and needs defenses. Where would we put power bars for BCH? If BTC is 5,000 and BCH only has 3% of that hashrate then BCH has just 150. That's it.
How the Developer Funding Plan Works
Back to the DFP. What this says is as a community we agree to break off a piece of the block reward and instead of giving 100% to miners we give a small percent to developers. If each block is 10 coins and the price is $300 then winning a block means winning $3,000. Of course that's not all profit because miners have electricity and other expenses to pay before calculating profit. So if we reduce the portion of the miner reward by 10% so they get just 9 coins per block yet the price stays the same what happens? It means miners receive $2,700 for the same effort. We've just made it more expensive to mine BCH from the point of view of miners. What would any miner then rationally do? Seek profitability elsewhere if available. Suddenly BTC SHA256 hashing looks slightly more attractive so they'll go there. Hashrate leaves BCH and goes to BTC, but the key important point is BOTH chains have a difficulty adjustment algorithm which adjusts to account for rising or lowering miners overall, which keeps the coin inflation rate steady. This means BTC total hashrate rises (more miners compete for BTC) and its Difficulty Level rises accordingly, so the same rate of BTC pumps out; on BCH total hashrate falls (less miners compete for BCH) and its Difficulty falls, so the same rate of BCH pumps out. Inflation remains about the same on both coins so the price of both coins doesn't change any, beyond what it normally does based on news/events etc.
So what difference is there? The difference is total network security. Hashrate totals have changed. BTC gains more miner securing hashrate while BCH loses it. So BTC goes from 5,000 to say 5,100 power bars. BCH goes from about 150 to 140.
Does any of that matter in the grand scheme of things? Not in the slightest. Part of the reason is due to our emergency circumstances with BCH we had to rework our security model. Our primary defense is an idea I came up with, which BitcoinABC implemented, saying it's not sheer hashpower that dictates what chain we follow. We won't replace a chain we're working on if a new one suddenly appears if it means changing more than 10 blocks deep of history. This prevents all the threatening hashrate hanging over our heads from mining a secret chain and creating havoc unleashing it causing 10+ confimed txs to be undone, while exchanges, gambling sites etc. have long since paid out real world money.
Switching $6M worth of block rewards from mining to devs just means we lose a bit of hashrate security, while we gain those funds for development. Nothing more. Nobody holding BCH pays in the form of inflation or any other way. It costs literally NOTHING BECAUSE The block reward is ALREADY ALLOCATED. It will EITHER go 100% to mining security if we do nothing, or go to both miners and devs if the plan is put into effect. Hopefully this helps.
:)
TL;DR: we switch security which we don't really need, for developer funding which we do.
[uncensored-r/BitcoinMarkets] Starting with margin trading on Kraken and would appreciate some help
The following post by actuallydavide is being replicated because some comments within the post(but not the post itself) have been silently removed.
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The original post's content was as follows:
Hi, I'm experimenting with margin trading on Kraken and I have a bunch of questions that videos and generic guides weren't able to answer...
Is there anyone who would be available for a quick chat here, just to help me understand better? (mostly related to shorting, liquidation...)
Also, to the possible DM scammers: I'm not dumb and I will not send you coins or stuff like that.
Thank you in advance
@AlphaexCapital : Discover The Guide That Gives You 100% Done For You Trading Strategies - Click Here For A Trial https://t.co/XLDwqjxvXo #forex #investing #bitcoin #crypto #xrp #btc #eth #forexsignals
https://mobile.twitter.com/AlphaexCapital/status/1220347946388029441
[uncensored-r/BitcoinMarkets] [Altcoin Discussion] Thursday, January 23, 2020
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Thread topics include, but are not limited to:
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Thread guidelines:
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The Reason Why Bitcoin Halving Cant Be Priced In Before It Actually Happens (current BTC/USD price is $8,446.43)
Latest Bitcoin News:
The Reason Why Bitcoin Halving Cant Be Priced In Before It Actually Happens
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
@AlphaexCapital : Forex Trader: The Ultimate Guide For Beginners In 2019 https://t.co/yxp93x93qw #forex #investing #bitcoin #crypto #xrp #btc #eth #forexsignals
https://mobile.twitter.com/AlphaexCapital/status/1220327988388036610
Tip: If you don't have enough space for the blockchain in your SSD and keep it in HDD, you can still speed up Bitcoin Core a lot
Not sure if this is well known or relevant, but thought I'd leave a tip for newbie Bitcoin Core users.
I had the chain in a slow hard drive because I didn't have space in my fast ones (nvme and SSD) but then figured out that you can move just the Chainstate folder to the fast drive (it's about 7gb or so instead of 200+) and leave the blocks in the HD.
In my case I moved it to a very fast nvme and left the rest in a super slow external HD and now Core starts/indexes and shuts down A LOT faster (I sometimes have that machine off for a day or so and needs resynch 24h+ on startup).
There's no option for separate folders in the UI tho (?), so you need to move the folder manually and then create symbolic links. Doesn't take much work and totally worth it.
How-to:
- With Core closed, move the Chainstate folder from the slow drive to the fast drive (leave the Blocks folder in the original spot)
- In Windows, open a Command Prompt (as administrator) and then use the command "mklink /j" (command to create a hard link pointing to a directory) - Core will look for the Chainstate folder in the usual place, but it will actually be reading from the destination where you moved it.
Command syntax is as follows: mklink /J "C:\Link To Folder" "C:\Users\Name\Original Folder"
When you open Core again, it will index from the new fast location, but still read the blocks from the HD. That link will persist, so if you reboot it will still work that way.
This page explains it better. Don't recall the Linux command at the moment but will update the post if someone mentions it.
@AlphaexCapital : DiNapoli Trading Method is proven & highly-effective adaptation of the Fibonacci Levels. In this quick guide learn how to use the DiNapoli Trading Method => https://t.co/6xmUoMybjc #forex #investing #bitcoin #crypto #xrp #btc #eth #forexsignals
https://mobile.twitter.com/AlphaexCapital/status/1220312881645981697
[Overbit Event - Hong Kong, 6 Feb 2019] How to Trade and Win with Bitcoin in 2020
https://overb.it/TAnBBS
Weekly general discussion - January 23, 2020
Welcome to the weekly general discussion thread of /r/btcsv! Thread topics include, but are not limited to: General discussion related to the weeks events, questions that don't deserve their own thread. Please discuss prices in the Weekly Bitcoin markets and price discussion thread.
Amun rolls out new inverse bitcoin ETP that allows traders to capitalize on negative price ... (current BTC/USD price is $8,588.17)
Latest Bitcoin News:
Amun rolls out new inverse bitcoin ETP that allows traders to capitalize on negative price ...
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
Shopping With Bitcoins And Cryptocurrencies | Useful Guide | JOJOvo
https://medium.com/@jojovoshop/shopping-with-bitcoins-and-cryptocurrencies-useful-guide-jojovo-51e24851c63
WAL 601 Betting has begun
First of all, I would like to make it clear that this is not some stupid way for me to make money. Whoever creates a bet gets 0.5% of the total. So even if you guys put in like $2000 all I get is 1$, so it's not about the money. Ever since I've started taking armwrestling seriously I've always had this idea.
I'm not gonna be surprised if almost no one is actually interested in this (besides me and one other dude from this sub). But I've decided to make this. I am not a bookie or anything of that nature.
BetMoose is a platform which alows you to create bets for literally any event in the world. And you just hope that people join in. I have created one for WAL 601 - Devon Larratt vs. Michael Todd.
We are gonna have a war with these 2 gentlemen in just 3 months time. The site itself shouldn't be too hard to figure out once you sign yourself in. And the bets are paid in Bitcoin.
If Devon loses, Michael's fans get all of their (Devon's fans) money, proporcionally distributed between each individual player. If Devon wins, same thing, but in reverse.
Click on the link below and see if this is something that interests you.
You might find a very similar link on the site, but don't click on it. That's just a faulty duplicate, it should get removed soon. This is the correct one.
https://www.betmoose.com/bet/wal-604-michael-todd-vs_-devon-larratt-4891#bets-1
Aw shit, just realised I put 604 in the title of the bet. Doesn't matter, I'll just report for it to be edited.
One more thing. Betting has already started. Also I think we're gonna move the date the betting ends from March 3rd to April 1st.
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[uncensored-r/BitcoinMarkets] [Daily Discussion] Thursday, January 23, 2020
The following post by AutoModerator is being replicated because some comments within the post(but not the post itself) have been silently removed.
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