6 Interesting Facts you Need to Know about Bitcoin Mining

Ignition Coin - The Next Generation of Store of Value on the Blockchain

At the core of the Ignition Coin ecosystem and development process is a focus on maintaining and improving the *store of value* functionality of the network.
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05-09 11:54 - 'It is a scam. Take a look at this Bitnexium review: / [[link]] / They mention many red flags about this trading broker. / >"*Everything that we have researched about Bitnexium points to the fact that this cryptocurrency ex...' by /u/scamsreview removed from /r/Bitcoin within 0-4min

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It is a scam. Take a look at this Bitnexium review:
[[link]2
They mention many red flags about this trading broker.
"Everything that we have researched about Bitnexium points to the fact that this cryptocurrency exchange is a scam and that your money is not safe with them. We would recommend that you use an exchange that is listed on the know exchanges list if you wish to trade in cryptocurrencies."
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Author: scamsreview
1: scamri*.c**/cryp*ocu*ren*y*t*adin*/*it*exiu*-revie*/ 2: sc*m*ip*com/cryptoc*rrency-*rad*ng/bi*ne*i**-**v*e*/]^^1
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

95% of bitcoin trade volume is fake. The price is controlled by miners. Tried to talk some sense into crypto hardos. Their cult like ability to dismiss facts is insane.

To argue that large miners do not have the means or the incentive to manipulate bitcoin price is crazy. Miners would be stupid not to manipulate price. Mining was never meant to be consolidated to a few mega corps.
Bitmain has even stated they were driving down the price to push out competition. Make it less profitable to mine bitcoin and the smaller shops will be forced to consolidate. They are one operation that controls all the hardware. The only way to get significant minning infrastructure is to bribe their mafia and then deal with their corrupt supply chain fiascos. Previously, this was / is a CHINESE company (this may have recently changed). These facts is are all very well documented and an easy conclusion to reach with just a tiny bit of due diligence.
Decentralization requires distribution across various actors and incentives so that a centralized power (whether government or entity) entity isn't able to control price. How can you argue buttcoin is decentralized?
Here is a link to the bitwise article on fake trade volume: https://www.forbes.com/sites/cbovaird/2019/03/22/95-of-reported-bitcoin-trading-volume-is-fake-says-bitwise/#50b2c7b56717
Heres more info on price manipulation by miners: https://www.theblockcrypto.com/post/50274/chinese-bitcoin-miners-control-65-of-the-crypto-networks-processing-power-bitmains-market-share-continues-to-decline
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03-01 20:04 - 'I still cannot imagine the fact that real investment company still exist I am so happy trading with https://Cataractinvestment.llc never took this serious because I thought it was all a Joking matter,I was skep...' (i.redd.it) by /u/chineseflowerz removed from /r/Bitcoin within 0-9min

I still cannot imagine the fact that real investment company still exist I am so happy trading with https://Cataractinvestment.llc never took this serious because I thought it was all a Joking matter,I was skeptical! Not until after my first withdrawal of $1500 within some hours of trading
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Author: chineseflowerz
submitted by removalbot to removalbot [link] [comments]

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Thoughts in effect of China coins? You can see it is in response to someone suing an exchange but the fact that it states “people have the right to freely participate in bitcoin trading at their own risk” ... is this opening the doors for China again or am I reading into this too much?

Thoughts in effect of China coins? You can see it is in response to someone suing an exchange but the fact that it states “people have the right to freely participate in bitcoin trading at their own risk” ... is this opening the doors for China again or am I reading into this too much? submitted by VenMoonMan to Vechain [link] [comments]

Trading back above $5,000, more eyes are on the world’s largest cryptocurrency, bitcoin, than have been in nearly 19 weeks, a fact affirmed as worldwide Google searches for “bitcoin” currently hover at levels not seen since Nov. 20:

Trading back above $5,000, more eyes are on the world’s largest cryptocurrency, bitcoin, than have been in nearly 19 weeks, a fact affirmed as worldwide Google searches for “bitcoin” currently hover at levels not seen since Nov. 20: submitted by 1nceler to bitJob [link] [comments]

Bitcoin Wash Trading: Sifting Facts From Fears

Bitcoin Wash Trading: Sifting Facts From Fears submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Bitcoin Wash Trading: Sifting Facts From Fears

Bitcoin Wash Trading: Sifting Facts From Fears submitted by Ranzware to BitNewsLive [link] [comments]

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submitted by mkristen024 to CryptoCoinTalk [link] [comments]

Daily Discussion, August 03, 2020

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.
Join us in the Bitcoin Chatroom!
Please check the previous discussion thread for unanswered questions.
submitted by rBitcoinMod to Bitcoin [link] [comments]

05-19 20:25 - 'He could potentially (in fact is) tank the US economy with his ill thought out trade war with Chi-nahh. He may also be leading us into war with Iran, when the more thoughtful and reasonable (better educated?) Europeans...' by /u/BCash_BeTrash removed from /r/Bitcoin within 170-180min

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He could potentially (in fact is) tank the US economy with his ill thought out trade war with Chi-nahh. He may also be leading us into war with Iran, when the more thoughtful and reasonable (better educated?) Europeans don't understand his reasoning. Good luck.
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BITCOIN BOTTOM FACTS! (ARE YOU STRUGGLING WITH PANIC TRADING?) 10 CRAZY FACTS ABOUT BITCOIN YOU SHOULD KNOW! 5 Fun Facts About Bitcoin The True Facts of Bitcoin Bitcoin Trading Log - My Excel Spreadsheet Trading - The Facts

Bitcoin miners are no longer a profitable investment for new Bitcoin users. If you want a small miner to play around with mining, go for it. But don’t treat your home mining operation as an investment or expect to get a return. Final Thoughts. It’s important to understand how Bitcoin works before investing any money. Try as they might, Bitcoin can’t be pushed away just because it threatens the financial power structure. This is the real beauty of Bitcoin. Facts You Need To Know About Bitcoin. Bitcoin is considered by many as the most revolutionary breakthrough of the 21 st century after the internet. Numerous cryptocurrencies have come and left after Bitcoin. Bitcoin mining can be viewed in the same way as gold mining. The process is the same, except that gold is something very visible and tangible, and bitcoin mining takes place in the virtual world. In bitcoin mining, there are rewards for those who successfully add a new block to the blockchain. Share on Facebook Share on Twitter Share on Google+ Bitcoin futures trading is the hot trend sweeping the market. Bitcoin and other cryptocurrency investments are notoriously volatile though. You want to be sure you are prepared before you start Bitcoin future trading. Find out the five things investors like you need to know about Bitcoin ... Kids these days are smarter than the older generation, and they understand things very quickly. Presenting them with all these facts and giving them the reasons as to why the Bitcoin technology works and making them know that is the future of the trading sector will make them start investing in the Bitcoin cryptocurrency.

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