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Topic: BoutsPro Bounty Thread(CLOSED) - page 87. (Read 37603 times)
I encourage you in this moment, because I would say that investing in cryptocurrency will open up great possibilities and you will earn enough money. This is the case for me. Today, I can make ends meet thanks to my investment in cryptocurrency.
Five Reasons Why Cryptocurrencies Matter
Right now, the cryptocurrency market is down from its all-time high, and some of its newly attracted investors and enthusiasts risk losing their interest in the technology. It’s a good time to take a step back and reexamine the fundamentals. While it’s not possible to say which way the market is going to go from here, one thing is for sure — cryptocurrencies are here to stay. Here’s why.
1. Global scale cooperation without trust
The Internet is so important because it enables world-scale cooperation. Some of the great achievements of such cooperations are Wikipedia and large open source software projects, such as the Linux operating system.
2. A resilient technology
Brick & Mortar institutions may appear to be stable than they actually are, because we’re used to associate stability with an imposing physical presence. Cryptocurrencies, on the other hand, appear to be the opposite of “stable”: they are volatile and clearly under the control of a myriad of external factors. Yet there are reasons to think that the ideas and technologies behind cryptocurrencies will fare much better in the long term than any present-day institutions.
3. An alternative to governments and central banks
Fiat currencies have no intrinsic value. They are supported by trust in governments and central banks. Cryptocurrencies, on the other hand, are supported by distrust in governments. One can used to hedge the other.
4. An alternative to corporations
For a while, it seemed that not only globalization is inevitable, but that centralization is inevitable as well. It seemed that we had just two options —either to give more control to governments, or to give more control to large corporations. From these two options, the Western world has preferred the second one. As a result, we have ended up in a situation where companies like Facebook, Twitter, Google, Amazon and Microsoft have uncomfortably large amounts of knowledge about our lives and power from that.
5. Wealth creation and exposure to saving & investing
Cryptocurrencies have value beyond speculative investments, as already discussed; but there is no reason to completely dismiss this aspect either.
The total capitalization of the cryptocurrency market is around 600 billion dollars. The amount of money put into the market so far is much lower than that, as most investments in this market were made when the valuations of cryptocurrencies were much lower than they are now. Even though the 600 billion never could be extracted from the market in the short term (because a large-scale sell-off would cause the prices to drop), added value eventually could be extracted in the long term. Clearly, a significant creation of wealth has taken place.
Right now, the cryptocurrency market is down from its all-time high, and some of its newly attracted investors and enthusiasts risk losing their interest in the technology. It’s a good time to take a step back and reexamine the fundamentals. While it’s not possible to say which way the market is going to go from here, one thing is for sure — cryptocurrencies are here to stay. Here’s why.
1. Global scale cooperation without trust
The Internet is so important because it enables world-scale cooperation. Some of the great achievements of such cooperations are Wikipedia and large open source software projects, such as the Linux operating system.
2. A resilient technology
Brick & Mortar institutions may appear to be stable than they actually are, because we’re used to associate stability with an imposing physical presence. Cryptocurrencies, on the other hand, appear to be the opposite of “stable”: they are volatile and clearly under the control of a myriad of external factors. Yet there are reasons to think that the ideas and technologies behind cryptocurrencies will fare much better in the long term than any present-day institutions.
3. An alternative to governments and central banks
Fiat currencies have no intrinsic value. They are supported by trust in governments and central banks. Cryptocurrencies, on the other hand, are supported by distrust in governments. One can used to hedge the other.
4. An alternative to corporations
For a while, it seemed that not only globalization is inevitable, but that centralization is inevitable as well. It seemed that we had just two options —either to give more control to governments, or to give more control to large corporations. From these two options, the Western world has preferred the second one. As a result, we have ended up in a situation where companies like Facebook, Twitter, Google, Amazon and Microsoft have uncomfortably large amounts of knowledge about our lives and power from that.
5. Wealth creation and exposure to saving & investing
Cryptocurrencies have value beyond speculative investments, as already discussed; but there is no reason to completely dismiss this aspect either.
The total capitalization of the cryptocurrency market is around 600 billion dollars. The amount of money put into the market so far is much lower than that, as most investments in this market were made when the valuations of cryptocurrencies were much lower than they are now. Even though the 600 billion never could be extracted from the market in the short term (because a large-scale sell-off would cause the prices to drop), added value eventually could be extracted in the long term. Clearly, a significant creation of wealth has taken place.
USERNAME - VIEWFINDER95
I reserved Russian translations.
I reserved Russian translations.
Are there any real uses to cryptocurrencies because I don't think that it is at all feasible to use the cryptocurrency?
Everything You Need to Know About Cryptocurrency And Why It’s The Future Of Money
In a matter of weeks in November 2017, bitcoin surged from a fringe investment to a global sensation. In mid-November, the price was around $3,000 for a single bitcoin; on December 6, 2017, it surpassed $19,000. At the time of publication, the value was hovering around $15,000.
Bitcoin is having a moment — really, it’s had a year. No matter if you think it’s a bubble about to burst, or hope your investments will pay back big in the long run, there is one clear takeaway: Cryptocurrency is changing the future of finance. What’s not yet clear is how the technology behind bitcoin, and cryptocurrencies like it, will alter our national and global financial systems.
Can ETH reach the value of btc in future??
USERNAME - BITMAN.r
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Hello Mr. Yahoo
On the spreadsheets, i did't get my stake Sir. Can you explain it ?
Thank you
On the spreadsheets, i did't get my stake Sir. Can you explain it ?
Thank you
Generally, there are only 3 things you want to worry about when building a mining rig.
Graphics Card: This is the bread and butter for your rig and what is actually going to be generating your coins. Don’t cheap out on these
Power Supply: You will need adequate power to run your rig. If you are getting 2 or more graphics cards, don’t get anything under 750w. We’d even recommend 1000w+ in case you want to expand
Motherboard: The only thing you need to look for here are the amount of PCI-E slots (or places for your video cards). Try to find one with a minimum of 3 slots so you can expand if needed
The rest of the hardware doesn’t really matter.
CPU’s are virtually useless, you just need it to run the OS.
RAM, mining is not RAM intensive, so you don’t need to worry about it.
Hard drive, again, you only need it to run the Operating System.
Computer case, less is better. The less constricted your components are, the more air flows through and helps with cooling. Most of the rigs we build don’t even have a case.
[/color][/b] Graphics Card: This is the bread and butter for your rig and what is actually going to be generating your coins. Don’t cheap out on these
Power Supply: You will need adequate power to run your rig. If you are getting 2 or more graphics cards, don’t get anything under 750w. We’d even recommend 1000w+ in case you want to expand
Motherboard: The only thing you need to look for here are the amount of PCI-E slots (or places for your video cards). Try to find one with a minimum of 3 slots so you can expand if needed
The rest of the hardware doesn’t really matter.
CPU’s are virtually useless, you just need it to run the OS.
RAM, mining is not RAM intensive, so you don’t need to worry about it.
Hard drive, again, you only need it to run the Operating System.
Computer case, less is better. The less constricted your components are, the more air flows through and helps with cooling. Most of the rigs we build don’t even have a case.
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Are there any real uses to cryptocurrencies because I don't think that it is at all feasible to use the cryptocurrency?
Week #1(10/03-16/03)
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Hello guys ,
There are so many coins out there and even difficult to keep track of them. When i tried to mine i want to find what to mine based on the algorithm. So could you please update this thread with the specific algorithm and the block reward of your mining coins.
thanks
There are so many coins out there and even difficult to keep track of them. When i tried to mine i want to find what to mine based on the algorithm. So could you please update this thread with the specific algorithm and the block reward of your mining coins.
thanks
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