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Messages - blanco12

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Hi t think that Tenev also stated that the company has a very small profit margin due to its unique business model and its only aim is to break even. Despite low profits, Robinhood managed to raise $363 million in May 2018 to expand its operations.


Crypto Discussion / Re: Is it possible to find lost bitcoins?
« on: October 09, 2018, 09:55:22 AM »
It really doesn’t have anything to do with the PC, unless that’s the only source for the Bitcoin owner’s private keys. As long as they have their private keys, or the password or mnemonic phrase associated with those private keys in order to access them, then they can access the Bitcoin associated with those private keys. The private keys are what makes it “their” Bitcoin.

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Crypto Discussion / Re: Relationship between Altcoins and Bitcoin
« on: October 09, 2018, 09:54:36 AM »
Bitcoin is the “original” cryptocurrency and ultimately responsible for the invention of blockchain technology. It basically was (and still is) a beta test of the technology, and it doesn’t actually work all that well. Many bitcoin evangelists now refer to it as “digital gold” or a “store of value” since it basically no longer works as a currency for most people. Can you imagine going to the market and paying $25 in fees and waiting 4 hours to pay for your groceries? Obviously that is not realistic.
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I was looking at the news flow stream thing on LinkedIn just now. Don’t ask. But you know, I thought I’d see if anything was worth my time. I found that pretty much every post fell into two categories: “go to my thing” or “read my bland and boring article.” So, a fun idea came to mind.
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The rest of the major cryptocurrencies experienced similar dips in value, according to CoinMarketCap, dropping by between 3 and 5 per cent over the last 24 hours.

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They can try, but the very essence of Bitcoin is decentralization. Meaning there is no central authority that gets to control who can and cannot use Bitcoin, and what Bitcoin can and cannot be used for. Let’s go back to the case of China’s attempt to ban Bitcoin in October of this year. China banned mainland residents from trading in cryptocurrencies on exchanges and made it illegal for Chinese start-ups to raise funds via initial coin offerings. But what the Chinese government forgot to remember is that block-chain is decentralized and entirely autonomous.

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