Topic: [ANN][DTT]🔺ICO DataTrading - trade forecasting by artificial intelligence 🔺📈 - page 2. (Read 5993 times)
January 28, 2018, 04:53:05 PM
And while 1s and 0s can be reproduced unto in nity, the new coins could not, thanks to a system in which the coin and its public key were strictly controlled and the ledger updated for every transaction. Its soundness could be checked constantly through instantaneous conversion to other currencies as well as to goods and services. e model seemed impenetrable, the rst digital currency that really addressed all the problems that had doomed previous attempts.
January 28, 2018, 04:52:47 PM
Clearly government paper was failing. A digital alternative had to exist. But what gave Bitcoin its value? ere were several factors. It was not xed to any existing currency, so it could oat according to human valuation. It was made from real stu : the very 1s and 0s that were driving forward the global market economy.
January 28, 2018, 04:52:29 PM
I feel like this concept is over done by every other coin right now
Give the name of at least one name of a project, which uses AI in trade forecasting
January 28, 2018, 04:51:07 PM
For a moment, it seemed like the world was ending. e Republicans held the White House, but the unthinkable still happened: Government and the central banks decided to attempt a full-scale rescue of the whole system, spending and creating trillions in new paper tickets to ll bank vaults.
January 28, 2018, 04:49:35 PM
e real estate markets had collapsed, pulling down the balance sheets of the major banks. e investment banks were unloading mortgage-backed securities at an unprecedented pace. Boats delivering goods couldn’t leave shore because they could nd no backers for their insurance bonds.
January 28, 2018, 04:48:57 PM
Bitcoin went live on November 1, 2008. To really appreciate why this matters, consider the times. e entire political and nancial establishment was in full-scale panic meltdown.
January 28, 2018, 04:46:51 PM
No one would be in charge of the system; everyone would be in charge of the system. is is what it means to be open source, and it’s the same dynamic that has made Wordpress a powerhouse in the so ware community. ere would be no need for an Audit Bitcoin
January 28, 2018, 04:45:18 PM
(A new coin is currently mined every 20 seconds or so, and a transaction occurs every second.)
He made his code completely open-source and available to all so that it could be trusted. And the payment system used the most advanced form of encryption, with public keys visible to all and a scrambling system that makes its connection to the private key impossible to discover
He made his code completely open-source and available to all so that it could be trusted. And the payment system used the most advanced form of encryption, with public keys visible to all and a scrambling system that makes its connection to the private key impossible to discover
January 28, 2018, 04:44:14 PM
I feel like this concept is over done by every other coin right now
January 28, 2018, 04:44:03 PM
Further, Nakamoto built in a system of mining that attempts to replicate the experience of the gold standard. e math equations CPU power must solve get harder over time. e early creators had it easy, just like the early miners of gold could pan it out of the river, though later they had to dig into the mountain. Nakamoto put a limit on the number of coins that can be mined (21 million by 2140).
January 28, 2018, 04:43:48 PM
He had each user download the full ledger of all existing Bitcoins so that each could be checked for its title and not used more than once at the same time. With his system, every coin had an owner, and the system could not be gamed.
January 28, 2018, 04:42:14 PM
Finally it happened. In 2008, a person going by “Satoshi Nakamoto” created Bitcoin.
January 28, 2018, 04:41:59 PM
A er all, a currency is useless unless it is scarce and its replication is carefully controlled. ink of the gold standard. ere is a xed amount of gold in the world, and it enters into economic life only through hard work and real expenditure. Gold has to be mined. All gold is interchangeable with all other gold, but when I own an ounce, you can’t own it at the same time. How can such a system be replicated in the digital sphere?
January 28, 2018, 04:41:41 PM
e geeks went to work on it in the 1990s and developed a number of prototypes — Ecash, bit gold, RPOW, b-money — but they all faltered for the same reason: eir supply could not be limited and no one could gure out how to make them impossible to double- and triple-spend. Normally, reproducibility is a wonderful thing. You can send me an image and still keep it. You can send me a song and not lose control of yours.
January 28, 2018, 04:41:27 PM
Maybe it was just a matter of time. e practicality is impossible to deny: Gamers needed tokens they could trade. Digital real estate needed to be bought and sold. Money was also becoming more and more notional, with wire transfers, bank computer systems, and card networks serving to move “money” around. e whole world was gradually migrating to the digital sphere, b
January 28, 2018, 04:41:07 PM
Money started in modern times as gold and silver, and it was controlled by its owners and users. en the politicians got hold of it — a controlling interest in half of every transaction — and look what they did.
January 28, 2018, 04:40:51 PM
It’s the same today. What if I suggested that digital money could eventually come to replace government paper money? Heaven knows we need a replacement.
January 28, 2018, 04:40:35 PM
It turns out that the future is really hard to imagine, especially when entrepreneurs specialize in surprising us with innovations. e markets are always outsmarting even the most wild-eyed dreamers, and they are certainly smarter than the intellectual who keeps saying: such and such cannot happen.
January 28, 2018, 04:40:13 PM
A er all, not even the Jetsons had email. Elroy brought notes home from his teacher on pieces of paper. Still, email has largely displaced rst-class mail, just as texting, social networking, private messaging, and even digital vmail via voice-over-Internet are replacing the traditional telephone.
January 28, 2018, 04:39:55 PM
irty years ago, for example, if someone had said that electronic text — digits ying through the air and landing in personalized inboxes owned by us all that we check at will at any time of the day or night — would eventually displace rst-class mail, you might have said it was impossible.
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