Thanks for this helpful article for beginners.
This is what I need the opinions of leaders on:
There is a tendency for volatility and whale to correlate being that whale have the capacity to manipulate the trend of the market.
That means whale contributes to factors that create trends in the market.
The question is how does these two variables relate in the market?
Topic: Start Learning about Bitcoin while Stuck in Quarantine! (Read 632 times)
Hi,
Your post is very useful and informative for me as a beginner,
Thanks a lot
#staysafe
Your post is very useful and informative for me as a beginner,
Thanks a lot
#staysafeI am happy you find this topic well, enjoy and be patient learning about bitcoin!
This is a very informative article. As I am a beginner, I learn a lot from your article. This article will help all beginners to acquire some knowledge about Bitcoin. Well done OP.
Thanks! I'm glad this topic helps you!
This thread of yours is great. I remember back then, I was having a hard time understanding cryptocurrency. Watching some basic youtube videos about blockchain and cryptocurrency is helpful when you're starting to learn about it. It's one of the things I did to learn crypto, and I'm glad that you included some youtube videos for beginners to watch. Aside from those terms, there are still a lot of terms that newbies can encounter that may seem unfamiliar for them. Maybe they can search for it on their own, but that's really nice for the OP to include some common terms.
Just advice for beginners, it may look so hard to learn cryptocurrency at the beginning, but if you will just put any effort into learning it, you can understand it. Btw, thanks to the OP for providing this information for newbies. It can help them a lot.
Just advice for beginners, it may look so hard to learn cryptocurrency at the beginning, but if you will just put any effort into learning it, you can understand it. Btw, thanks to the OP for providing this information for newbies. It can help them a lot.
Yup, you're right! They should be motivated to learn about those words too. The effort to learn is really needed because anything will always be hard from the start. Not just about bitcoin. It is applicable into any topic in the world. Thanks for this, I appreciate it!
Hi,
Your post is very useful and informative for me as a beginner,
Thanks a lot #staysafe
Your post is very useful and informative for me as a beginner,
Thanks a lot
#staysafe
This is a very informative article. As I am a beginner, I learn a lot from your article. This article will help all beginners to acquire some knowledge about Bitcoin. Well done OP.
[snip]
That's great! Acquiring knowledge as a whole! Learning anything, not only Bitcoin but everything that will feed your soul. It is always good to be better and wiser. I hope you and your family are safe amidst this pandemic! 
). But right after I got a job and earn money consistently, the next thing I will study is daytrading as well as stock market. That's the time I will go for greater risks. By the way, thanks for your concern mate. I hope you and your family are safe too
.
This thread of yours is great. I remember back then, I was having a hard time understanding cryptocurrency. Watching some basic youtube videos about blockchain and cryptocurrency is helpful when you're starting to learn about it. It's one of the things I did to learn crypto, and I'm glad that you included some youtube videos for beginners to watch. Aside from those terms, there are still a lot of terms that newbies can encounter that may seem unfamiliar for them. Maybe they can search for it on their own, but that's really nice for the OP to include some common terms.
Just advice for beginners, it may look so hard to learn cryptocurrency at the beginning, but if you will just put any effort into learning it, you can understand it. Btw, thanks to the OP for providing this information for newbies. It can help them a lot.
Just advice for beginners, it may look so hard to learn cryptocurrency at the beginning, but if you will just put any effort into learning it, you can understand it. Btw, thanks to the OP for providing this information for newbies. It can help them a lot.
For me, and I think for a lot of people, this quarantine time is the best time to get in touch more in cryptocurrencies most especially in bitcoin. We could be full time here for now. So, if you have nothing to do, invest your time here, this will be beneficial go you as time goes by.
Indeed, if not cryptocurrency then at least spend most of your time doing what you love. Making yourself more knowledgeable everyday feeds your self fulfillment and uplift your confidence. The feeling of being wiser among your colleagues is soo satisfying (but don't brag of course). So instead of stressing ourselves out of the news about the pandemic which are getting worse I think, try to unwind and be a better version of you . Right now, I'm studying the fundamentals of a Diesel power plant. Who's with me?
That's great! Acquiring knowledge as a whole! Learning anything, not only Bitcoin but everything that will feed your soul. It is always good to be better and wiser. I hope you and your family are safe amidst this pandemic!
I'll admit not all references you include are done, I am not yet reading and viewing all of it. Well since we have a free time, this is more good to kill some time. We have learned bitcoin and blockchain but its good to increase it everyday with additional information. Having an opportunity to dig off some knowlesge while stuck at the house will neve occur again after this mess of corona.
These materials are best served and should take advantage by newbies while they have time. Who knows bitcoin is the next big thing after USD. Thanks OP for your effort for this.
These materials are best served and should take advantage by newbies while they have time. Who knows bitcoin is the next big thing after USD. Thanks OP for your effort for this.
Welcome! Thanks for taking the time reading it as well. I hope the newbies will take the time to read it too. Its for their improvement in the first place. Its a bonus that all materials in this thread can be easily digest. We wish them to continue learning by themselves which we all are doing! Stay safe!
I'll admit not all references you include are done, I am not yet reading and viewing all of it. Well since we have a free time, this is more good to kill some time. We have learned bitcoin and blockchain but its good to increase it everyday with additional information. Having an opportunity to dig off some knowlesge while stuck at the house will neve occur again after this mess of corona.
These materials are best served and should take advantage by newbies while they have time. Who knows bitcoin is the next big thing after USD. Thanks OP for your effort for this.
These materials are best served and should take advantage by newbies while they have time. Who knows bitcoin is the next big thing after USD. Thanks OP for your effort for this.
For me, and I think for a lot of people, this quarantine time is the best time to get in touch more in cryptocurrencies most especially in bitcoin. We could be full time here for now. So, if you have nothing to do, invest your time here, this will be beneficial go you as time goes by.
Indeed, if not cryptocurrency then at least spend most of your time doing what you love. Making yourself more knowledgeable everyday feeds your self fulfillment and uplift your confidence. The feeling of being wiser among your colleagues is soo satisfying (but don't brag of course). So instead of stressing ourselves out of the news about the pandemic which are getting worse I think, try to unwind and be a better version of you . Right now, I'm studying the fundamentals of a Diesel power plant. Who's with me?
Yes, I also see this the perfect time to learn about Bitcoin, mining, masternode and so many other things.
I am also learning about alternative coin masternode, masternode ROI and other things as well. I want you guys to recommend mnroi for the masternode related trending, stats, or own coin monitoring because I love the layout & pleasing to the eyes with accurate data about coins.
I am also learning about alternative coin masternode, masternode ROI and other things as well. I want you guys to recommend mnroi for the masternode related trending, stats, or own coin monitoring because I love the layout & pleasing to the eyes with accurate data about coins.
Adding few book or series of videos as additional reference/knowledge might be useful. I'd recommend this book https://github.com/aantonop/bitcoinbook
Take note each documentation see Bitcoin from different perspective such as economy, technology/technical, ideology or some of them.
Each user have different interest, so it might useful to mention it which perspective is documented on the documentation. But this require you to watch whole documentation, unless you can find good review.
Take note each documentation see Bitcoin from different perspective such as economy, technology/technical, ideology or some of them.
Each user have different interest, so it might useful to mention it which perspective is documented on the documentation. But this require you to watch whole documentation, unless you can find good review.
Hi! I compiled highlights that I have taken from the documentary film "Banking on Bitcoin". The film is good!
[Discussion] Banking on Bitcoin Documentary Highlights
I think this topic is helpful to this thread! Hope everyone can watch it too. The link is also in the thread. The film can help you understand the history of Bitcoin and why Bitcoin has the status it has today.
Hello.
I'm a crypto artist and have made one painting specifically for the purpose of visualizing the Bitcoin structure and help new people get into it.
It's called Cryptoglyphs and is explained in detail here: https://bitcointalksearch.org/topic/cryptoglyphs-a-new-way-of-imagining-the-bitcoin-blockchain-5065782
(If this post doesn't help the thread please remove it)
Cheers!
I'm a crypto artist and have made one painting specifically for the purpose of visualizing the Bitcoin structure and help new people get into it.
It's called Cryptoglyphs and is explained in detail here: https://bitcointalksearch.org/topic/cryptoglyphs-a-new-way-of-imagining-the-bitcoin-blockchain-5065782
(If this post doesn't help the thread please remove it)
Cheers!
I hope this thread helps you stay interested and have longer patience in learning about bitcoin. If there's a word you want to add, basic or complicated, let us know! Try citing sources or try explaining it in simple terms. Let us all engage in an informative discussion for our newbies out there!
-GDragon
Definitely learning about blockchain is a good thing these days, but not only these days because of the fearmongering virus, but people, in general, should have the habit of reading news related to bitcoin, altcoins, blockchain, encryption, privacy, cyber-security, etc. if people just spend from 1 to 5 hours a day reading, doing crypto stuff, using crypto wallets, etc, they soon will increase their knowledge and find the logic how crypto works!
Yup, they should follow everything about bitcoin not only during this quarantine. Everything is in the internet anyways. Reading articles also helps me, I make it a part of my social media time. I follow pages for updates about bitcoin. Learning while scrolling though my soc med accounts at the same time.
-snip-
I just want someone to learn about bitcoin, cryptocurrency, etc, gradually and consistently and we just need to maintain enthusiasm to be able to maintain consistency of learning in the midst of world health problems that might affect mood, thoughts and other positive things and this is certainly can cause stress.To be honest, we are currently faced with a very serious problem and this problem makes us have to stay at home until an unspecified time limit. If you, me, and others can use this situation to gain knowledge about bitcoin by learning, then this is truly a positive thing to do.
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Definitely learning about blockchain is a good thing these days, but not only these days because of the fearmongering virus, but people, in general, should have the habit of reading news related to bitcoin, altcoins, blockchain, encryption, privacy, cyber-security, etc. if people just spend from 1 to 5 hours a day reading, doing crypto stuff, using crypto wallets, etc, they soon will increase their knowledge and find the logic how crypto works!
Your article is worth reading for all. I learn a lot while in self-isolation. But internet is not stopped by lethal weapon of mass destruction. I am not going to be left behind. That's why I work at home with my laptop in front of me. I am observing everything on my laptop including news, podcast, social media engagement, viewing new blockchain startups, crowdsale, market crisis, forex prediction and bitcoinfutures.
Yup! Let's continue gathering knowledge about bitcoin. Learning it really takes a lot of effort. Aside from the given materials in this topic, try reading all available informations here in the forum. There's a lot of good topics and posts. You will learn a lot! We have a lot of time anyways during quarantine.
Your article is worth reading for all. I learn a lot while in self-isolation. But internet is not stopped by lethal weapon of mass destruction. I am not going to be left behind. That's why I work at home with my laptop in front of me. I am observing everything on my laptop including news, podcast, social media engagement, viewing new blockchain startups, crowdsale, market crisis, forex prediction and bitcoinfutures.
~~~
Video is a medium that is included in several media that can be used for learning. A lot of someones experience about bitcoin is also shared via video and we can use it as an effort to increase knowledge. When a student needs a teacher to make it easy to understand something, the video will be very helpful when practicing directly without ignoring other learning media.If too much reading can make us bored and difficult to understand something, then video is another alternative that we can use to learn and improve skills and knowledge when we are still in a difficult situation related to Covid-19 and is something that is recommended and I agree with OP.
Agree, videos are mostly very demonstration-friendly. Research has shown that 83% of human learning takes place visually, especially for an audience with a short attention span. And videos, helps me a lot in efficiently learning a technical and complicated topic like Bitcoin.
Segwit - (1) Segregated Witness is a method of scaling the Bitcoin network to confirm more transactions on each block (2) without increasing the block size itself. It is invented in order (3) to shrink the file size of a bitcoin transaction. Every Bitcoin transaction has three parts: sender, recipient, digital signature. The signature is considered to be "the witness" for the transaction. Segwit means that we are (4) separating the witness from the base transaction in order to make it (3) smaller in size. This allows more transaction to be approved each time a block of transactions have been confirmed.
i'm surprised that after 3 years people are still confused about SegWit and make mistakes about what it does!
you made 4 mistakes here.
(1) SegWit is not a scaling solution, it was mainly a malleability fix that also helped with scaling by increasing the capacity. it also paves the way for second layer solutions (for scaling) such as LN.
(2) SegWit did increase the block size, of course we no longer use "size" but "weight" instead but the raw byte size of a block is increased for example nowadays blocks grow as big as 1.2 MB with a record of 2.1 MB and they can grow to a little less than 4 MB
(3) neither block size nor transaction sizes were decreased. in fact in some cases they grow to bigger sizes when you use SegWit due to its overhead. the reason why more transactions can fit in a block is because capacity is increased using 4 MB weight.
(4) signature is not "separated" from transactions. it is still a part of it, but now it is placed near the end of it before the locktime instead of inside txin's sigscript.
Thanks for this, appreciate this one and it really helps me a lot too! So much articles about Segwit! Will fix this mistakes!
1. Segwit fixes transaction malleability that also helped with scaling by increasing the capacity.
2. Segwit blocks are restricted by weight. The raw byte size of a block is increased, though Legacy nodes will still receive blocks that are 1,000,000 bytes or lower due to stripped witness data.
3. More transactions can fit in a block because capacity is increased using 4 MB weight
4. scriptSig data is not separated but it is moved to the end of the transaction.
Thaks for reading the thread all the way through!
Segwit - (1) Segregated Witness is a method of scaling the Bitcoin network to confirm more transactions on each block (2) without increasing the block size itself. It is invented in order (3) to shrink the file size of a bitcoin transaction. Every Bitcoin transaction has three parts: sender, recipient, digital signature. The signature is considered to be "the witness" for the transaction. Segwit means that we are (4) separating the witness from the base transaction in order to make it (3) smaller in size. This allows more transaction to be approved each time a block of transactions have been confirmed.
i'm surprised that after 3 years people are still confused about SegWit and make mistakes about what it does!
you made 4 mistakes here.
(1) SegWit is not a scaling solution, it was mainly a malleability fix that also helped with scaling by increasing the capacity. it also paves the way for second layer solutions (for scaling) such as LN.
(2) SegWit did increase the block size, of course we no longer use "size" but "weight" instead but the raw byte size of a block is increased for example nowadays blocks grow as big as 1.2 MB with a record of 2.1 MB and they can grow to a little less than 4 MB
(3) neither block size nor transaction sizes were decreased. in fact in some cases they grow to bigger sizes when you use SegWit due to its overhead. the reason why more transactions can fit in a block is because capacity is increased using 4 MB weight.
(4) signature is not "separated" from transactions. it is still a part of it, but now it is placed near the end of it before the locktime instead of inside txin's sigscript.
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