Missing funds

Is it possible that people who held funds 3 years ago have been locked out of their wallets due to not registering their personal information?

I sent my buddy X amount of bitcoin before you needed your ID to create a wallet on Coinbase. He just logged in the other day and has no transaction history of there ever being money in his account. As a matter of fact he can’t see his Recieve wallet. I however can see the transaction of the bitcoin I sent him on my account. Also, I remember seeing it in his wallet, when showing him how to set it up 3 years ago.

Question: If he goes through all the steps of registering his personal information will his wallet and bitcoin show up? If not, Are there steps to recover his bitcoin in this event?

Just a thought for community to debate/adopt Plan B during 51% attack

I don’t think bitcoin will ever be 51% attacked but hey they say never say never...only possible by states at this point who’s prime goal is to destroy faith in the system

I think it’s high time community and developers be prepared for such an event. I mean every govt has bunkers and all for possible nuke attacks even if it’s unlikely.

On same lines I think we as a community have a plan b or back up ready for such an attack just in case it happens.

My thought is we should be able to fork/ run bitcoin smoothly on POS for time being of the attack or come up something hybrid POW/POS to mitigate the attack. We need to keep testnet /protocol ready for such an event

Having such a mechanism first of all will make bitcoin 51% attack proof as only a fool will invest that much of money in attacking only to find out that we switched to POS and the attack will fail...

Second just in case a fool does that anyways we simply switch to POS and go on with life as usual.

Bitcoin is distributed better than any other coin with strong community so 51% POS would be nearly impossible unless state wants to buy all coins in which case it will moon af boosting the ecosystem further.

Thoughts / suggestions...?

The Reassuring Reality Of My Own Acceptable Performance

Hello dear readers,

Those of you who frequent the UKPF discord will know me well (it's a great source of information, join it), those of you who do not, will not. Suffice to say that in that group, when inexperienced investors appear with excited dreams of outperformance it is my previous post (here) that is oft used in an attempt to shut them up.

Well now I have an update...

The whole point of my last post was to show that my own stupidity had got the better of me, I’d got excited about investing, tracking, unitisation and benchmarking, but I was using a totally irrelevant benchmark that flattered my performance. This realisation (and my poor investment performance) put things in perspective and helped me improve (subjective, I know) my decision making for greater long term benefit. So is it working?

Well, since mid 2019 I haven’t done too bad. I’ve been fortunate that the industry I work in hasn’t been ravaged by world events so I’ve had funds to keep contributing and I’ve been pleased with the results, hopefully I did learn my lesson. I was never a WSB-crazed active investing addict, but I was still making poor choices. Now I think I’m doing much better.

Here’s my portfolio performance in the years since I began. (1) Here’s the unit values of different accounts against my (TR) benchmark (SIPP and GIA started later, so the plotting begins at the benchmark value on the day they began). (2) I’ve stopped losing to the market. The important thing is that I'm never again going to do awfully compared to the world as a whole. Clearly now, after one calendar year of minor outperformance of a world index I’m heavily qualified to give (totally unregulated and informal/incorrect) advice to other internet users. So here are my tips:

Lesson 1 - Pick a good benchmark: I (retrospectively) used LS100(Acc) until the end of 2019 (because my old, bad portfolio was more UK heavy), since then I have been using VWRP. I really can’t think of anything better to benchmark against than VWRP, an accumulating world fund is perfect for me (YMMV).

Lesson 2 – Keep it simple, but scratch your itches: I prefer distributing ETFs, I just do. I like seeing dividends, even if sub-optimal. I don’t like OEICs, they make spreadsheet tracking harder, that’s my rationale. Pick your quirks, and stick to them.

Personally as a virile young man I want a bit of excitement, so I do tilt towards emerging markets and global small cap, but nothing crazy and still low cost trackers. I then allow 5% of my portfolio for ‘active’ choices, which is just 1 investment trust in each of ISA/SIPP/GIA. Here you go: (YMMV, IANAL, not advice etc etc).

Dev World – 65%: VEVE or HMWO.

Emerging Markets – 15%: VFEM or EMIM.

Normally best to match VEVE with VFEM and HMWO with EMIM, blame South Korea. Got a GIA and need to harvest gains? Just rotate between them. Why dev world and EM instead of a world tracker? It makes you more attractive to the opposite sex (or the same sex, if that's your tilt) and you save around 0.1% in fees. No problem with VWRL, VWRP and all the other similars.

Global Small Cap – 15%: WLDS.

Active – 5%: My current choices are Edinburgh Worldwide, Baillie Gifford China Growth, Scottish Mortgage. Don’t trust me, they may suck, but I like Baillie Gifford (which all 3 are) and they fit what I wanted to buy to scratch that itch. Pick what you want.

In case it's mildly interesting, here's the full makeup of my ISA, GIA, SIPP with relevant fund costs shown. It's leagues better (subjectively) than what my portfolio would have looked like 3 or 4 years ago. Pick platforms that work for your holdings (flat fee, % etc), consult Monevator. (Personally, I ended up with ISA - iWeb, GIA - HL, SIPP - AJBell).

So 65, 15, 15, 5 = 100 works for me. Adjust this to match your risk profile, find low cost trackers, done. What works for me may well not work for you, I'm not objectively better at this than you are. Want to buy something else like bonds or gold? Eurgh, ok, do it. Consider your personal risk profile. I’m personally not saving for a house, I’m trying to grow a pot. If you are saving for a house, this is not for you.

Once you know your aims are sound then stop, drip feed in new funds, and let compounding do its work over years. I have enough other diversifying asset classes (a bit of BTL etc) that I’m happy with 100% equity across investment accounts. Want some Bitcoin, VCT or EIS? Sure, just be sensible with allocations.

It’s frustrating in some sense, but a simple approach really is best, and the more brainpower a rational person invests into it the more that becomes clear, especially in a time when twitter and reddit are full of people who ‘made it’ on TSLA and fad tech stocks. It may take years of ‘bad’ thinking to reach that realisation, but most will emerge into this beautiful passive nirvana in the end. Once you've found your way do not drift from the path, remember that all you have to do is perform adequately. Long may it continue.

A-Pink Nam-Joo Kim’s Pure Theory Sparkling Event

A-Pink Nam-Joo Kim’s Pure Theory Sparkling Event

https://kokfoundation01.medium.com/a-pink-nam-joo-kims-pure-theory-sparkling-event-c282d1af959c

#KOK #KOK_Foundation #KOK_Play #KOK_Token #KOK_Coin #ZBG #Bithumb_Global #Blockchain #ERC20 #Bitcoin #Cryptocurrency #Digital_contents_platform #Decentralization

How to invest in bitcoin and other cryptocurrencies

A cryptocurrency is a vehicle of trade this is virtual, scrambled and decentralized. In contrast to the U.S. Dollar or the Euro, there might be no essential power that oversees and keeps up the estimation of a cryptocurrency. All things being equal, those obligations are widely assigned among a cryptocurrency's clients through the net.Bitcoin become the essential cryptocurrency, first referenced on a basic level by means of Satoshi Nakamoto in a 2008. named Bitcoin: A Peer-to-Peer Electronic Cash System. That cryptographic confirmation comes inside the state of exchanges which can be affirmed and recorded in a type of utilization called a blockchain. Cryptocurrency is decentralized virtual money, fundamentally dependent on blockchain innovation. You can be comfortable with the most extreme well known adaptations, Bitcoin and Ethereum, however there are more noteworthy than 5000 unmistakable digital currencies in move. At this moment Ethereum is perhaps outstanding amongst other cryptocurrency to put away your cash. You can utilize crypto to look for normal merchandise and contributions, despite the fact that numerous people put resources into cryptographic forms of money as they could in different resources, similar to stocks or important metals. While cryptocurrency is a novel and exciting resource wonderfulness, getting it very well might be precarious as you should handle an honest measure of studies to completely see how each machine functions.

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https://preview.redd.it/j1mvir38z9b61.jpg?width=960&format=pjpg&auto=webp&s=9355d2ed2dd8336f4258d22bc6809e0e71098327

What Is a Blockchain?

A blockchain is an open, dispensed record that records exchanges in code. Practically speaking, it's a touch like a checkbook that is administered all through boundless PC frameworks around the area. All exchanges are recorded in a "blocks", that are then related together on a "chain" of past cryptocurrency exchanges. With a blockchain, one and all who utilizes a cryptocurrency has their own duplicate of this digital book to make a brought together exchange report. Each new exchange programming logs since it happens, and each duplicate of the blockchain is refreshed all the while with the new records, keeping up all insights indistinguishable and right.

To forestall extortion, each exchange is checked the utilization of one among two principle approval procedures: confirmation of work or proof of stake.

Confirmation of Work versus Proof of Stake

Confirmation of work and proof of stake are particular approval systems used to check exchanges sooner than they're brought to a blockchain that reward verifiers with more noteworthy cryptocurrency. Digital currencies normally use either proof of work or proof of stake to confirm exchanges. Each taking an interest PC, routinely alluded to as a "excavator," settles a numerical riddle that permits check a bunch of exchanges—known as a square—at that point adds them to the blockchain leger. The primary PC to achieve that solidly is remunerated with a little amount of cryptocurrency for its efforts.This competition to address blockchain riddles can require an outrageous amount of pc force and strength. In exercise, that implies the diggers may marginally break paying little heed to the crypto they get hold of for approving exchanges, in the wake of considering the costs of power and registering assets.

Evidence of stake. To diminish the amount of power imperative to check exchanges, a couple of cryptographic forms of money utilize a proof of stake confirmation procedure. With proof of stake, the amount of exchanges anybody can affirm is confined via the amount of cryptocurrency they're willing to "stake," or briefly lock up in a public secure, for the opportunity to take an interest inside the method. Every person who stakes crypto hyip is qualified to assert exchanges, yet the chances you'll be picked to achieve that expansion with the amount you the front. In the event that a stake proprietor (every so often known as a validator) is picked to approve a shiny new establishment of exchanges, they'll be remunerated with cryptocurrency, possibly in the measure of blend exchange costs from the square of exchanges. To debilitate extortion, on the off chance that you are chosen and confirm invalid exchanges, you relinquish a piece of what you marked.

How should I report only mining bitcoin on my taxes if I dont do anything with it?

I have a small amount of bitcoin, only worth a few dollars, but I also like to be neat with my taxes. I havent traded it, or cashed out, or created any taxable event but should I still at least file it? Or am I even required to?

Do scams harm Bitcoin's reputation in the mainstream world?

There has been a lot of scams within the crypto space over the course of its lifetime. Most recently, a Twitter hack that took the accounts of prominent figures within the mainstream world, has been all over the news. Mainstream media has been making people believe that Bitcoin is "bad" by tying it to the Twitter hack. While malicious actors demanded to be paid in Bitcoin, it doesn't mean that the cryptocurrency itself is a scam. Unfortunately, many people in the mainstream world have commented about Bitcoin negatively because of the recent hack. Despite these unfortunate series of events, Bitcoin and other cryptocurrencies are experiencing huge gains on the market. Do you think that scams harm Bitcoin and other cryptocurrencies' reputation in the mainstream world? What will it take for people to distance scams from Bitcoin itself?