Where should we focus this year? - page 3.

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Quote from: posi on December 29, 2020, 10:53:42 AM

Quote from: angrynerd88 on December 29, 2020, 10:44:14 AM

Mainly individuals who embrace blockchain innovation particularly in terms of exchanges don't know how it works from blockchain innovation

It unmistakable that blockchain is technology the world focus in this year and will also focus in years after but I dont think i have see an individual that embraced blockchain in terms of exchange and dont know how blockchain works except if you are relating your message to naive cryptocurrency traders that did develop their knowledge about crypto before they start trading.

In my opinion, blockchain is not a panacea. Blockchain cannot solve all problems. The scope of blockchain technology is actually very limited. Blockchain software solutions have very significant drawbacks - they are expensive and slow.

Because of this, it makes sense to use blockchain technology only in very important projects in which participants do not trust each other.

The ideal application of blockchain technology is the world's reserve currency (i.e. Bitcoin).

Also, blockchain technology can be used in projects related to maintaining a register of owners of shares, real estate, etc.

Sapphire915

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Quote from: Firefox07 on December 09, 2020, 06:55:06 PM

We should focus first in improving our knowledge about the blockchain. And how can it help us to gain more income. So that when we invest on it we will not lose our capital.

Exactly. Being more knowledgeable is an advantage to excel here in Blockchain world. So, its really better to focus on learning everything first in order to gain huge profits that will definitely help us get the financial freedom that we are dreaming of, especially in this time of trying.

posi

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Quote from: angrynerd88 on December 29, 2020, 10:44:14 AM

Mainly individuals who embrace blockchain innovation particularly in terms of exchanges don't know how it works from blockchain innovation

It unmistakable that blockchain is technology the world focus in this year and will also focus in years after but I dont think i have see an individual that embraced blockchain in terms of exchange and dont know how blockchain works except if you are relating your message to naive cryptocurrency traders that did develop their knowledge about crypto before they start trading.

angrynerd88

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Mainly individuals who embrace blockchain innovation particularly in terms of exchanges don't know how it works from blockchain innovation; they as it were use this innovation to create exchanges for benefit as it were without knowing long run and workings of blockchain innovation. In my opinion all Bitcoin clients must know in progress the premise of the innovation they utilize so that when somebody inquires us approximately blockchain innovation they ended up curious about joining bitcoin in exchanges.

Xinarae*

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Dag blockchain is a good record of the immutable data of a specific timestamp that is managed through clusters. And remember, it's not a sole proprietorship the blockchain network has no central authority. It is a lot like a democratic system since it is a shared and unchangeable laser, the information contained in it is open to the public. Everything that is being built in the blockchain is naturally very transparent and everyone involved is responsible for it.

coinsolidation.org

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Hi,

Totally agree, blockchain technology is here to stay and in the business sector we have the best example. I share with you world companies like "Amazon" that already use them.

https://www.forbes.com/sites/michaeldelcastillo/2020/02/19/blockchain-50/?sh=73544c3e7553

Regards,

Kong Hey Pakboy

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Quote from: Firefox07 on December 09, 2020, 06:55:06 PM

We should focus first in improving our knowledge about the blockchain. And how can it help us to gain more income. So that when we invest on it we will not lose our capital.

Indeed. We should focus on improving our knowledge about crypto and blockchain space. We should be gathering information on where we could earn more cryptocurrencies with our abilities instead of joining and participating in bounty campaigns airdrops that are not enough to provide our daily needs in life. Also, grab every opportunity in the crypto world that you think will benefit you in the long term.

erikoy

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Dag blockchain is good from what I learn from other regardng to DAG blockchain. It is not like the blockchain where records are being kept and then stored and locked.

Quote

DAG-chain transactions are confirmed between users in topological ordering this according to https://dagcoin.org/dag-chain-explanation-short-simple/amp/. More info from this site is that this means that information with any given value can only go from earlier to later in the sequence and does not have to loop back on itself to gain verification. This cuts out a lot of time making transactions and requires far less power to activate.

So, if DAG to be used then it could be better but I do not think also it could handle a large or volume of transactions just like what blockchain did.

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We should focus first in improving our knowledge about the blockchain. And how can it help us to gain more income. So that when we invest on it we will not lose our capital.

ifinta

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Quote from: ifinta on January 18, 2019, 02:35:58 PM

I think, this year not as complicated as the last year...

Please see our plan:
https://bitcointalksearch.org/topic/anncharmico-dorothyum-charm-toto-and-emerald-on-the-obyte-dev-by-oz-4392525

Greatings to all my LOVE <3
I think, we are the RICHEST PERSONs, we - with SOME TRUTH LOVE's (!!!!)
Many THANKs for everybody for a such great support!

potatopower

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Our emphasis should not be to try to make money, but to avoid losing money. Many were so focused on making money that they were in a terrible position when the market started collapsing, and instead of acknowledging their losses and moving on, they were in denial and decided to keep keeping worthless coins with terrible results. They would have much more money if they managed to cut the losses early and jump in at the bottom.

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Quote from: Angi on January 17, 2020, 07:48:47 AM

Quote from: ifinta on September 29, 2018, 03:45:02 AM

This is a sad reality that most of crypto users don't know blockchain and how crypto use blockchain. money is very important now a days than knowledge. but what should we focus now is on bitcoin that most of people know than blockchain, the price is more valuable than altcoins and some of altcoins now are not that profitable. choosing profitable altcoins now are so hard, choose that have more future using blockchain and really helpful for improvement.

without cryptocurrency blockchain it will not work, and that is not everyone thinks about it, what is thought is the price of the assets they hold, and only calculates the profit from what they sell, it is indeed worth the money, but knowledge will be more valuable, to produce $

Angi

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Quote from: ifinta on September 29, 2018, 03:45:02 AM

This is a sad reality that most of crypto users don't know blockchain and how crypto use blockchain. money is very important now a days than knowledge. but what should we focus now is on bitcoin that most of people know than blockchain, the price is more valuable than altcoins and some of altcoins now are not that profitable. choosing profitable altcoins now are so hard, choose that have more future using blockchain and really helpful for improvement.

josephsonand

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My opinion is that we need to start thinking about how Bitcoin will be used if we introduce it into daily life. It will not work to make purchases in the store using Bitcoin, since its price is constantly changing in relation to the dollar, which we will use in any case for some time, even when switching to Bitcoin. Therefore, I believe that this is the main question: how to use these technologies for the good.

AjithBtc

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Rather than mining and on other related services it is good to go for buying of bitcoin and altcoins. Right now if we go for mining it'll be much more expensive than buying bitcoin as the capital requirement for mining is high. My suggestion is to go on buying cryptocurrencies and earn short term profit. Further investing on mining hardware seems to be more effective.

shoreno

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Quote from: Janation on January 17, 2020, 03:01:36 AM

Quote from: Btc_1856 on January 17, 2020, 01:40:08 AM

Quote from: ?? on ??

My opinion is that Bitcoin mining should be our priority. Will you find some money and invest in it. Most of the time, I'm focusing on trading to make some profit. To do this, I need to focus on research, invest in strategies and spend a lot of time. Without sweat and determination, nothing can be easily achieved in this environment. I also had a lot of trouble making profit at first, but now I got better and better

In crypto, it is impossible for us to achieve easily because everywhere we have to invest money, instead of mining, trading is always the best option because for mining we have to invest a huge amount of money to mine the Bitcoin and even it will take time to mature the coins. Instead of mining better add some potential coins to your portfolio.

I would prefer mining if I have a rig.

Mining might not be profitable in the short term but in the long term, I think it is really profitable. Trading ia good since you can add more coins, mining on the other hand might not give you other coins but still, the coin you are earning is stable. The price might fall but you are still getting some of that coin. Mining's profit in time is increasing while in trading is still risky and unexpectable.

only if you agree on the cost that mining can give . it would be okay if you total them before you start and see if you can still earn some coin after you pay those cost . also it would be more beneficial if you will just hodl the coin that you mine . in mining you can also mine other coins if that is what you want , same as when you do trading because you want other types of coins . trading is more on an active way but its less hassel and the potential is bigger .

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Quote from: desticy on January 16, 2020, 07:48:54 PM

For several years, we saw what the real development of various blockchain projects is. Some are built solely on manipulation, others on conscientious work and development.
Both of them have both ups and downs.

However, a project built purely on speculation is losing much in terms of long-term prospects, but in the short-term it is an excellent choice. In other words, in crypto everything is the same as before.

This is what most of the new projects are building. They are focusing on the speculation of their project's product which is the altcoin or token itself that they are making. The use case of blockchain is starting to being applied in some of the companies that are interested with this innovation and its pure technology that they are applying.

Janation

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Quote from: Btc_1856 on January 17, 2020, 01:40:08 AM

Quote from: ?? on ??

My opinion is that Bitcoin mining should be our priority. Will you find some money and invest in it. Most of the time, I'm focusing on trading to make some profit. To do this, I need to focus on research, invest in strategies and spend a lot of time. Without sweat and determination, nothing can be easily achieved in this environment. I also had a lot of trouble making profit at first, but now I got better and better

In crypto, it is impossible for us to achieve easily because everywhere we have to invest money, instead of mining, trading is always the best option because for mining we have to invest a huge amount of money to mine the Bitcoin and even it will take time to mature the coins. Instead of mining better add some potential coins to your portfolio.

I would prefer mining if I have a rig.

Mining might not be profitable in the short term but in the long term, I think it is really profitable. Trading ia good since you can add more coins, mining on the other hand might not give you other coins but still, the coin you are earning is stable. The price might fall but you are still getting some of that coin. Mining's profit in time is increasing while in trading is still risky and unexpectable.

Btc_1856

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Quote from: ?? on ??

My opinion is that Bitcoin mining should be our priority. Will you find some money and invest in it. Most of the time, I'm focusing on trading to make some profit. To do this, I need to focus on research, invest in strategies and spend a lot of time. Without sweat and determination, nothing can be easily achieved in this environment. I also had a lot of trouble making profit at first, but now I got better and better

In crypto, it is impossible for us to achieve easily because everywhere we have to invest money, instead of mining, trading is always the best option because for mining we have to invest a huge amount of money to mine the Bitcoin and even it will take time to mature the coins. Instead of mining better add some potential coins to your portfolio.

OrangeII

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I just thought of something about this. maybe I am one of those people who didn't study the blockchain so deeply, well I'm a user, businessman, and others. there are many people like me who only understand the basics, and I think deepening about things like this is very good for a developer.
the point is, to use and utilize crypto, we don't have to know the system to such detail, but by knowing the benefits, etc., we can use it. Well, I have many friends who trade, but don't understand the function of the coins or tokens they trade, however, they only take advantage of the fluctuations. everyone has their own way to understand and use crypto for their business.

Topic: Where should we focus this year? - page 3. (Read 26858 times)