Earn Free Bitcoin Tricks [2020 Guide] - Bits n Coins
Earn Free Bitcoin Tricks [2020 Guide] - Bits n Coins
Earn Free Bitcoins Best Bitcoin Faucets & Sites ($11+/day)
free bitcoin earning tricks – Free Bitcoin
free bitcoin earning tricks – Free Bitcoin
Get Free Bitcoin Earning Speedmining Online Tricks
PointsPrizes.com: Paid Surveys, Free Gift Cards, Make Money Online, Free Games, Work From Home
PointsPrizes allows users to earn money by completing paid surveys, offers such as email submits and downloading stuff. Once you've earned enough points you'll be able to claim a PayPal or Bitcoin payment. Alternatively you can claim a free gift card code.
I just keep all tabs open and collect whenever I remember to. All of these faucets are linked to your Coinpot account (you have to make one if you don't already have one). Feel free to submit your own referral links in the comments below (ref links only allowed in this thread). Other non-CoinPot HQ Trusted Crypto Faucets and Crypto Earning Sites List of other trusted crypto faucets/crypto earning sites:
FreeBitcoin - The most popular Bitcoin faucet, you also earn 4.08% annual interest on all crypto stored on the site.
BetFury - Get 25 satoshi in the faucet every hour, win huge prizes, earn BFG tokens to earn a share of the daily profit.
Publish0x - Earn ETH, BAT, and LRC by writing and reading articles.
Brave Browser - Get paid cryptocurrency to use this web browser, works fast, and blocks ads & spyware.
CoinPot Multiplier Tips A trick I use for the Coinpot multiplier is to have at least 1000 tokens, then run 1-5 multipliers at a time with autoroll. I set the client seed as fixed and type in my own (just type anything, ie "goldfish"). I then set my settings as:
Maximum number of rolls: (blank for unlimited)
Pause between rolls: no pause
Stop autoroll when profit reaches: 200
Stop autoroll when loss reaches: 100
High/Low: randomly choose one and change it every now and then until you find one that wins. Normally I change it every 2 - 3 rolls to a different one
Multiplier: Step up to higher multiplier
Stake: Increase Stake x 2
Multiplier: Step down to lower multiplier
Stake: Reset to starting stake
I then choose multiple by 2x, and stake as 1 token. Then I just let them all run and change the On Win High/Low to randomize it. Has worked pretty well, and I get th
Updated list of Global Beermoney opportunities (+180!) - June 2020
Updated list of Global Beermoney opportunities (+180!) - June 2020
The current, and now previous, Beermoney Global list started nearly 5 years ago. It’s been updated and has grown over all that time, but it also became a hassle to keep current. It was time to build a new list from scratch based on my experience in the Beermoney world over all these years and all the contributions all of you have been making in this sub. The lists consist of opportunities that are available in at least one country that is not the US. This means there are sites which only work in Canada or the UK. There’s sites which are open to the whole world, but this does not mean everyone can really earn something on it. It’s all still very demographic and therefore location dependent. This list should give you a starting point to try out and find what works for you. I’m not using everything myself as I prefer to focus on a few, so not all are tested by me. They are found in this sub, other subreddits and other resources where people claim to have success. I’ve chosen the format of a simple table with the bare minimum of information to keep things clean. It includes a link, how you earn, personal payment proof if available and sign-up bonus codes if applicable. Some of these bonuses are also one-time use codes specifically made for this sub! For the ones I don’t have payment proof (yet) feel free to provide some as a comment or via modmail so others know it’s legit. I am working on detailed instructions for each method that I personally use which will include things like cashout minimum, cashout options, tips & tricks,... For now I’ve split things up based on the type of earning like passive or mobile. Because of this there’s sometimes an overlap as some are both passive and on mobile or both earning crypto and a GPT (Get Paid To) website. The lists are obviously not complete so I invite you to keep posting new ones in the sub, as a comment to this post, or in modmail. Especially if you have sites or apps which work for one single specific country I can start building a list, just like I did for The Netherlands and Belgium. If you recognize things which are in fact scams or not worth it let me know as well.
Get Paid To (Surveys, tasks, offers, videos, clicking links, play games, searching)
For The Netherlands there are a few very good options next to a bunch of ‘spaarprogramma’s. There ‘spaarprogramma’s are all the same where you receive and click a bunch of e-mails, advertisements, banners,... I advise you to create a separate e-mail address or use a good filter in your inbox as you will be spammed to death. I believe they can be a nice piece of beermoney but they take quite the effort.
21,42% Monthly Return Algorithm Bot Trading - 3Commas Case Study Follow-Up #2
This is the 1-month follow-up to my previous post about bot trading on 3Commas you can find it here: https://www.reddit.com/passive\_income/comments/i2zfjd/31\_daily\_return\_algorithm\_bot\_trading\_3commas/ Since my last post, I have now officially been running the algorithm trading on 3Commas for 1 month and I am blown away by the results. My portfolio increased from 1267$ to 1568$ In 1 month giving me 301$ in profit at the same time I have also earned 0.02511 BTC increasing both my dollar value and the BTC value of the portfolio.
Market performance in test period (1st of August – 1st of September)
Okay so cross referencing whether I’ve been better off just buying BTC and HODLING? In the period where I started from the 1st of August until the moment of writing this (September 1st) BTC only increased 0,627% meaning I outperformed the market with 20,8% in USD terms (Portfolio Performance)! Great news AND my BTC value increased significantly.
Benefits of trading bots
· Bots make it easy to enter the industry (Since you are not actively managing or updating the algorithms, which can get quite complex) · Ensuring efficiency across the board (Bots never sleep and don’t make mistakes) · Trading on a 24-hour basis (Especially useful in the crypto space since the markets never close unlike the stock exchange) · Removing emotions from the equation (You won’t make the emotional YOLO all-in on a crypto/stock that you subjectively like over other, the bot simply follows algorithms and orders and execute)
How to get started?
You can sign up to 3Commas here for your own free 3 days trial period and if you choose to extend you will get a 10% discount and I will get a small commission, so win-win :-). I made a combination of two composite Gordon bots. A Binance BTC Conservative strategy (Safe & Slow) (50%) of portfolio and a Binance BTC Aggressive (Riskier & Fast) (50%) of portfolio. The aggressive bot was outperforming the conservative bot in terms of profit, but of course is more subdue to big volatility. I have also modified my strategy Increasing the amount of trades my bots currently perform I have two Aggressive bots one using BTC and one using USDT. In total I usually have 9 active trading 24/7 and now earn around 25$ per day so expecting my return to exponentially grow as I optimize my bots. Hit me up if you need setup help and I’ll gladly support you first make an account here. Current bot trades
What exchange? Okex
I used Binance initially as 3Commas integrated perfectly with Binance and they are a trusted exchange with low fees. The base fee for trades on Binance is 0.1% for makers and takers. You can reduce that by 25% (that is, to 0.075%) if you hold BNB on Binance, so this is definitely a trick I recommend!. If you don’t have a Binance account you can sign up here and we both get 10% of each other’s trading volume (You will benefit from my continued trades on Binance). However, on the 11th of August I made the transfer over to Okex due to 3Commas making an exclusive deal with Okex giving 100 USDT free in trading fees for new sign-ups giving me a much higher margin on my first trades on that platform. Okex is also highly recommended an have fantastic customer support that answers your question within 30 seconds guaranteed! I can only highly recommend Okex and you can get 10$ in free Bitcoins using this link Sign up to 3Commas here(Free trial + 10% discount): https://3commas.io/?c=Reddit Sign up to Okex here: https://www.okex.com/join/1/2123821
I would love to help anyone interested in getting started with this as it seems like a great passive income stream as I used 15 minutes per day on this bot and earned 0,02511 BTC ≈ 300 USD so far and still counting.
Hey, mom. It's me. Glorpazorp! It's been a couple weeks and I'm still here on Earth, that pathetic mudhole the higher-ups are preparing to excavate. This planet is absolutely LOADED with diamonds, gold, and dirt! Wow, you would not believe how much dirt this planet has. We're gonna strike it rich! But that's not why I'm writing you. Nah, I wanted to tell you about the morons running this planet. We call them 'Earthlings' but they call themselves 'Humans.' Let me tell you, mom, these humans are the biggest bunches of idiots I've ever seen. They're dumber than Klaxons, and nobody is dumber than a Klaxon! I was walking around, wearing my human-skin like always, when I strode into this building with a bunch of colorful, primitive machines out front. See, these humans, they move around in combustible machines known as "Fords". I knew that to blend in, I had to make sure I got myself a nice, stealthy vehicle, so I carefully picked out a bright red one. You might not know this, but all humans are colorblind, so I won't stand out at all! They literally just throw random colors on everything because they can't tell the difference. Stupid humans! So there I was, walking around nonchalantly inside this 'Ford Dealership,' laughing to myself as all the humans inside looked at me and whispered how attractive I was. A male human walked up, and he was visibly trembling as he greeted me. (because of my really muscular body, which even has two extra arms to help me blend in with the locals) I exchanged the standard human greeting, known as a 'belch' and sat in an extremely tiny chair to discuss with the man the terms of purchase for one of these bright red Fords. The funniest bit comes here, where I pointed at one of the red vehicles and commented, "That's a red one, just in case you didn't know" and the poor little guy could only nod along to my words! (Nodding is a movement humans do when they barely understand what you're saying; it's so they can save face and not look dumb) The guy gives me a contract (piece of paper with human words on it) and had me sign on the dotted line. Naturally, I knew I could trick the human, so I read through the contract and laughed evilly to myself. These guys were giving me an interest rate of 12%! They were going to give me free money while I paid for the Ford! Stupid, I know. I demanded he raise the interest rate to 30%, and naturally, the human covered his mouth and started wheezing from pain. He was dumbfounded by my genius and immediately made the changes to the Ford contract. In the end, I only had to pay $75,000 for a brand new red Ford, but I earn 30% interest on it every year! Stupid humans! Afterward, I went home. As you know, I have a job as a SEE-EE-OH in this company called Facebook. Well, after making my way to my room, I sat down and had a delicious cup of dirt (seriously, you can just scoop the stuff off the ground; it's crazy!) while checking my email. Lo and behold, I found another idiot human! This man emailed me. For the low price of only two thousand human dollars, he would send me more than ten million human dollars in return! All I had to do was wait three weeks for my money to travel overseas (he lives in Nigeria, which is funny because most humans think it's a poor country! I'm telling you, these guys are all idiots!) and then bam! I'll make a lot of money without any effort! Stupid humans! Incidentally, there's a game the humans are playing right now, all of them at once. It's called 'Covid.' Try not to laugh, mom, but this is really funny. The humans actually think there are tiny invisible monsters that attack their bodies, and these monsters are called germs. Germs! That's hilarious! Everywhere I go, I see humans wearing face masks to protect themselves from these tiny, insignificant little germs. How do they know these things exist? They don't! The humans literally just make up stuff for no reason. Anyway, I wasn't going to play along with their stupid games, so I've just decided not to wear a mask. I'm not afraid of tiny little fake monsters! Stupid humans! Okay, maybe you think the humans aren't quite as stupid as the Klaxons. I mean, you and I can both see they're pretty stupid, but now comes the best part of all. One human I know, named Mark, he told me about this super secret thing he's been working on. He calls it 'a Money Pyramid.' All I have to do is sell products to people and make them '5th level initiates', and then they sell products to people who become '6th level initiates,' and so on! The money travels upstream, making me filthy rich! What makes the humans stupid though is that all of them try to avoid the Money Pyramid! How dense do you have to be to turn down easy, free money?! I'm telling you, mom. Give us ten years and we'll own this whole planet. My buddy, Gling Gling, he's started giving money to these internet accounts to double his bitcoin (alternate human money, it's complicated), so now he and I are having a competition to see who can make the most money off these humans. It's gonna be great! I've suddenly started having a hard time breathing, so I need to catch my breath. Love, you, gotta go. ...Stupid humans! Prequel Part!
Summary: Everyone knows that when you give your assets to someone else, they always keep them safe. If this is true for individuals, it is certainly true for businesses. Custodians always tell the truth and manage funds properly. They won't have any interest in taking the assets as an exchange operator would. Auditors tell the truth and can't be misled. That's because organizations that are regulated are incapable of lying and don't make mistakes. First, some background. Here is a summary of how custodians make us more secure: Previously, we might give Alice our crypto assets to hold. There were risks:
Alice might take the assets and disappear.
Alice might spend the assets and pretend that she still has them (fractional model).
Alice might store the assets insecurely and they'll get stolen.
Alice might give the assets to someone else by mistake or by force.
Alice might lose access to the assets.
But "no worries", Alice has a custodian named Bob. Bob is dressed in a nice suit. He knows some politicians. And he drives a Porsche. "So you have nothing to worry about!". And look at all the benefits we get:
Alice can't take the assets and disappear (unless she asks Bob or never gives them to Bob).
Alice can't spend the assets and pretend that she still has them. (Unless she didn't give them to Bob or asks him for them.)
Alice can't store the assets insecurely so they get stolen. (After all - she doesn't have any control over the withdrawal process from any of Bob's systems, right?)
Alice can't give the assets to someone else by mistake or by force. (Bob will stop her, right Bob?)
Alice can't lose access to the funds. (She'll always be present, sane, and remember all secrets, right?)
See - all problems are solved! All we have to worry about now is:
Bob might take the assets and disappear.
Bob might spend the assets and pretend that he still has them (fractional model).
Bob might store the assets insecurely and they'll get stolen.
Bob might give the assets to someone else by mistake or by force.
Bob might lose access to the assets.
It's pretty simple. Before we had to trust Alice. Now we only have to trust Alice, Bob, and all the ways in which they communicate. Just think of how much more secure we are! "On top of that", Bob assures us, "we're using a special wallet structure". Bob shows Alice a diagram. "We've broken the balance up and store it in lots of smaller wallets. That way", he assures her, "a thief can't take it all at once". And he points to a historic case where a large sum was taken "because it was stored in a single wallet... how stupid". "Very early on, we used to have all the crypto in one wallet", he said, "and then one Christmas a hacker came and took it all. We call him the Grinch. Now we individually wrap each crypto and stick it under a binary search tree. The Grinch has never been back since." "As well", Bob continues, "even if someone were to get in, we've got insurance. It covers all thefts and even coercion, collusion, and misplaced keys - only subject to the policy terms and conditions." And with that, he pulls out a phone-book sized contract and slams it on the desk with a thud. "Yep", he continues, "we're paying top dollar for one of the best policies in the country!" "Can I read it?' Alice asks. "Sure," Bob says, "just as soon as our legal team is done with it. They're almost through the first chapter." He pauses, then continues. "And can you believe that sales guy Mike? He has the same year Porsche as me. I mean, what are the odds?" "Do you use multi-sig?", Alice asks. "Absolutely!" Bob replies. "All our engineers are fully trained in multi-sig. Whenever we want to set up a new wallet, we generate 2 separate keys in an air-gapped process and store them in this proprietary system here. Look, it even requires the biometric signature from one of our team members to initiate any withdrawal." He demonstrates by pressing his thumb into the display. "We use a third-party cloud validation API to match the thumbprint and authorize each withdrawal. The keys are also backed up daily to an off-site third-party." "Wow that's really impressive," Alice says, "but what if we need access for a withdrawal outside of office hours?" "Well that's no issue", Bob says, "just send us an email, call, or text message and we always have someone on staff to help out. Just another part of our strong commitment to all our customers!" "What about Proof of Reserve?", Alice asks. "Of course", Bob replies, "though rather than publish any blockchain addresses or signed transaction, for privacy we just do a SHA256 refactoring of the inverse hash modulus for each UTXO nonce and combine the smart contract coefficient consensus in our hyperledger lightning node. But it's really simple to use." He pushes a button and a large green checkmark appears on a screen. "See - the algorithm ran through and reserves are proven." "Wow", Alice says, "you really know your stuff! And that is easy to use! What about fiat balances?" "Yeah, we have an auditor too", Bob replies, "Been using him for a long time so we have quite a strong relationship going! We have special books we give him every year and he's very efficient! Checks the fiat, crypto, and everything all at once!" "We used to have a nice offline multi-sig setup we've been using without issue for the past 5 years, but I think we'll move all our funds over to your facility," Alice says. "Awesome", Bob replies, "Thanks so much! This is perfect timing too - my Porsche got a dent on it this morning. We have the paperwork right over here." "Great!", Alice replies. And with that, Alice gets out her pen and Bob gets the contract. "Don't worry", he says, "you can take your crypto-assets back anytime you like - just subject to our cancellation policy. Our annual management fees are also super low and we don't adjust them often". How many holes have to exist for your funds to get stolen? Just one. Why are we taking a powerful offline multi-sig setup, widely used globally in hundreds of different/lacking regulatory environments with 0 breaches to date, and circumventing it by a demonstrably weak third party layer? And paying a great expense to do so? If you go through the list of breaches in the past 2 years to highly credible organizations, you go through the list of major corporate frauds (only the ones we know about), you go through the list of all the times platforms have lost funds, you go through the list of times and ways that people have lost their crypto from identity theft, hot wallet exploits, extortion, etc... and then you go through this custodian with a fine-tooth comb and truly believe they have value to add far beyond what you could, sticking your funds in a wallet (or set of wallets) they control exclusively is the absolute worst possible way to take advantage of that security. The best way to add security for crypto-assets is to make a stronger multi-sig. With one custodian, what you are doing is giving them your cryptocurrency and hoping they're honest, competent, and flawlessly secure. It's no different than storing it on a really secure exchange. Maybe the insurance will cover you. Didn't work for Bitpay in 2015. Didn't work for Yapizon in 2017. Insurance has never paid a claim in the entire history of cryptocurrency. But maybe you'll get lucky. Maybe your exact scenario will buck the trend and be what they're willing to cover. After the large deductible and hopefully without a long and expensive court battle. And you want to advertise this increase in risk, the lapse of judgement, an accident waiting to happen, as though it's some kind of benefit to customers ("Free institutional-grade storage for your digital assets.")? And then some people are writing to the OSC that custodians should be mandatory for all funds on every exchange platform? That this somehow will make Canadians as a whole more secure or better protected compared with standard air-gapped multi-sig? On what planet? Most of the problems in Canada stemmed from one thing - a lack of transparency. If Canadians had known what a joke Quadriga was - it wouldn't have grown to lose $400m from hard-working Canadians from coast to coast to coast. And Gerald Cotten would be in jail, not wherever he is now (at best, rotting peacefully). EZ-BTC and mister Dave Smilie would have been a tiny little scam to his friends, not a multi-million dollar fraud. Einstein would have got their act together or been shut down BEFORE losing millions and millions more in people's funds generously donated to criminals. MapleChange wouldn't have even been a thing. And maybe we'd know a little more about CoinTradeNewNote - like how much was lost in there. Almost all of the major losses with cryptocurrency exchanges involve deception with unbacked funds. So it's great to see transparency reports from BitBuy and ShakePay where someone independently verified the backing. The only thing we don't have is:
ANY CERTAINTY BALANCES WEREN'T EXCLUDED. Quadriga's largest account was $70m. 80% of funds are in 20% of accounts (Pareto principle). All it takes is excluding a few really large accounts - and nobody's the wiser. A fractional platform can easily pass any audit this way.
ANY VISIBILITY WHATSOEVER INTO THE CUSTODIANS. BitBuy put out their report before moving all the funds to their custodian and ShakePay apparently can't even tell us who the custodian is. That's pretty important considering that basically all of the funds are now stored there.
ANY IDEA ABOUT THE OTHER EXCHANGES. In order for this to be effective, it has to be the norm. It needs to be "unusual" not to know. If obscurity is the norm, then it's super easy for people like Gerald Cotten and Dave Smilie to blend right in.
It's not complicated to validate cryptocurrency assets. They need to exist, they need to be spendable, and they need to cover the total balances. There are plenty of credible people and firms across the country that have the capacity to reasonably perform this validation. Having more frequent checks by different, independent, parties who publish transparent reports is far more valuable than an annual check by a single "more credible/official" party who does the exact same basic checks and may or may not publish anything. Here's an example set of requirements that could be mandated:
First report within 1 month of launching, another within 3 months, and further reports at minimum every 6 months thereafter.
No auditor can be repeated within a 12 month period.
All reports must be public, identifying the auditor and the full methodology used.
All auditors must be independent of the firm being audited with no conflict of interest.
Reports must include the percentage of each asset backed, and how it's backed.
The auditor publishes a hash list, which lists a hash of each customer's information and balances that were included. Hash is one-way encryption so privacy is fully preserved. Every customer can use this to have 100% confidence they were included.
If we want more extensive requirements on audits, these should scale upward based on the total assets at risk on the platform, and whether the platform has loaned their assets out.
There are ways to structure audits such that neither crypto assets nor customer information are ever put at risk, and both can still be properly validated and publicly verifiable. There are also ways to structure audits such that they are completely reasonable for small platforms and don't inhibit innovation in any way. By making the process as reasonable as possible, we can completely eliminate any reason/excuse that an honest platform would have for not being audited. That is arguable far more important than any incremental improvement we might get from mandating "the best of the best" accountants. Right now we have nothing mandated and tons of Canadians using offshore exchanges with no oversight whatsoever. Transparency does not prove crypto assets are safe. CoinTradeNewNote, Flexcoin ($600k), and Canadian Bitcoins ($100k) are examples where crypto-assets were breached from platforms in Canada. All of them were online wallets and used no multi-sig as far as any records show. This is consistent with what we see globally - air-gapped multi-sig wallets have an impeccable record, while other schemes tend to suffer breach after breach. We don't actually know how much CoinTrader lost because there was no visibility. Rather than publishing details of what happened, the co-founder of CoinTrader silently moved on to found another platform - the "most trusted way to buy and sell crypto" - a site that has no information whatsoever (that I could find) on the storage practices and a FAQ advising that “[t]rading cryptocurrency is completely safe” and that having your own wallet is “entirely up to you! You can certainly keep cryptocurrency, or fiat, or both, on the app.” Doesn't sound like much was learned here, which is really sad to see. It's not that complicated or unreasonable to set up a proper hardware wallet. Multi-sig can be learned in a single course. Something the equivalent complexity of a driver's license test could prevent all the cold storage exploits we've seen to date - even globally. Platform operators have a key advantage in detecting and preventing fraud - they know their customers far better than any custodian ever would. The best job that custodians can do is to find high integrity individuals and train them to form even better wallet signatories. Rather than mandating that all platforms expose themselves to arbitrary third party risks, regulations should center around ensuring that all signatories are background-checked, properly trained, and using proper procedures. We also need to make sure that signatories are empowered with rights and responsibilities to reject and report fraud. They need to know that they can safely challenge and delay a transaction - even if it turns out they made a mistake. We need to have an environment where mistakes are brought to the surface and dealt with. Not one where firms and people feel the need to hide what happened. In addition to a knowledge-based test, an auditor can privately interview each signatory to make sure they're not in coercive situations, and we should make sure they can freely and anonymously report any issues without threat of retaliation. A proper multi-sig has each signature held by a separate person and is governed by policies and mutual decisions instead of a hierarchy. It includes at least one redundant signature. For best results, 3of4, 3of5, 3of6, 4of5, 4of6, 4of7, 5of6, or 5of7. History has demonstrated over and over again the risk of hot wallets even to highly credible organizations. Nonetheless, many platforms have hot wallets for convenience. While such losses are generally compensated by platforms without issue (for example Poloniex, Bitstamp, Bitfinex, Gatecoin, Coincheck, Bithumb, Zaif, CoinBene, Binance, Bitrue, Bitpoint, Upbit, VinDAX, and now KuCoin), the public tends to focus more on cases that didn't end well. Regardless of what systems are employed, there is always some level of risk. For that reason, most members of the public would prefer to see third party insurance. Rather than trying to convince third party profit-seekers to provide comprehensive insurance and then relying on an expensive and slow legal system to enforce against whatever legal loopholes they manage to find each and every time something goes wrong, insurance could be run through multiple exchange operators and regulators, with the shared interest of having a reputable industry, keeping costs down, and taking care of Canadians. For example, a 4 of 7 multi-sig insurance fund held between 5 independent exchange operators and 2 regulatory bodies. All Canadian exchanges could pay premiums at a set rate based on their needed coverage, with a higher price paid for hot wallet coverage (anything not an air-gapped multi-sig cold wallet). Such a model would be much cheaper to manage, offer better coverage, and be much more reliable to payout when needed. The kind of coverage you could have under this model is unheard of. You could even create something like the CDIC to protect Canadians who get their trading accounts hacked if they can sufficiently prove the loss is legitimate. In cases of fraud, gross negligence, or insolvency, the fund can be used to pay affected users directly (utilizing the last transparent balance report in the worst case), something which private insurance would never touch. While it's recommended to have official policies for coverage, a model where members vote would fully cover edge cases. (Could be similar to the Supreme Court where justices vote based on case law.) Such a model could fully protect all Canadians across all platforms. You can have a fiat coverage governed by legal agreements, and crypto-asset coverage governed by both multi-sig and legal agreements. It could be practical, affordable, and inclusive. Now, we are at a crossroads. We can happily give up our freedom, our innovation, and our money. We can pay hefty expenses to auditors, lawyers, and regulators year after year (and make no mistake - this cost will grow to many millions or even billions as the industry grows - and it will be borne by all Canadians on every platform because platforms are not going to eat up these costs at a loss). We can make it nearly impossible for any new platform to enter the marketplace, forcing Canadians to use the same stagnant platforms year after year. We can centralize and consolidate the entire industry into 2 or 3 big players and have everyone else fail (possibly to heavy losses of users of those platforms). And when a flawed security model doesn't work and gets breached, we can make it even more complicated with even more people in suits making big money doing the job that blockchain was supposed to do in the first place. We can build a system which is so intertwined and dependent on big government, traditional finance, and central bankers that it's future depends entirely on that of the fiat system, of fractional banking, and of government bail-outs. If we choose this path, as history has shown us over and over again, we can not go back, save for revolution. Our children and grandchildren will still be paying the consequences of what we decided today. Or, we can find solutions that work. We can maintain an open and innovative environment while making the adjustments we need to make to fully protect Canadian investors and cryptocurrency users, giving easy and affordable access to cryptocurrency for all Canadians on the platform of their choice, and creating an environment in which entrepreneurs and problem solvers can bring those solutions forward easily. None of the above precludes innovation in any way, or adds any unreasonable cost - and these three policies would demonstrably eliminate or resolve all 109 historic cases as studied here - that's every single case researched so far going back to 2011. It includes every loss that was studied so far not just in Canada but globally as well. Unfortunately, finding answers is the least challenging part. Far more challenging is to get platform operators and regulators to agree on anything. My last post got no response whatsoever, and while the OSC has told me they're happy for industry feedback, I believe my opinion alone is fairly meaningless. This takes the whole community working together to solve. So please let me know your thoughts. Please take the time to upvote and share this with people. Please - let's get this solved and not leave it up to other people to do. Facts/background/sources (skip if you like):
The inspiration for the paragraph about splitting wallets was an actual quote from a Canadian company providing custodial services in response to the OSC consultation paper: "We believe that it will be in the in best interests of investors to prohibit pooled crypto assets or ‘floats’. Most Platforms pool assets, citing reasons of practicality and expense. The recent hack of the world’s largest Platform – Binance – demonstrates the vulnerability of participants’ assets when such concessions are made. In this instance, the Platform’s entire hot wallet of Bitcoins, worth over $40 million, was stolen, facilitated in part by the pooling of client crypto assets." "the maintenance of participants (and Platform) crypto assets across multiple wallets distributes the related risk and responsibility of security - reducing the amount of insurance coverage required and making insurance coverage more readily obtainable". For the record, their reply also said nothing whatsoever about multi-sig or offline storage.
In addition to the fact that the $40m hack represented only one "hot wallet" of Binance, and they actually had the vast majority of assets in other wallets (including mostly cold wallets), multiple real cases have clearly demonstrated that risk is still present with multiple wallets. Bitfinex, VinDAX, Bithumb, Altsbit, BitPoint, Cryptopia, and just recently KuCoin all had multiple wallets breached all at the same time, and may represent a significantly larger impact on customers than the Binance breach which was fully covered by Binance. To represent that simply having multiple separate wallets under the same security scheme is a comprehensive way to reduce risk is just not true.
Private insurance has historically never covered a single loss in the cryptocurrency space (at least, not one that I was able to find), and there are notable cases where massive losses were not covered by insurance. Bitpay in 2015 and Yapizon in 2017 both had insurance policies that didn't pay out during the breach, even after a lengthly court process. The same insurance that ShakePay is presently using (and announced to much fanfare) was describe by their CEO himself as covering “physical theft of the media where the private keys are held,” which is something that has never historically happened. As was said with regard to the same policy in 2018 - “I don’t find it surprising that Lloyd’s is in this space,” said Johnson, adding that to his mind the challenge for everybody is figuring out how to structure these policies so that they are actually protective. “You can create an insurance policy that protects no one – you know there are so many caveats to the policy that it’s not super protective.”
The most profitable policy for a private insurance company is one with the most expensive premiums that they never have to pay a claim on. They have no inherent incentive to take care of people who lost funds. It's "cheaper" to take the reputational hit and fight the claim in court. The more money at stake, the more the insurance provider is incentivized to avoid payout. They're not going to insure the assets unless they have reasonable certainty to make a profit by doing so, and they're not going to pay out a massive sum unless it's legally forced. Private insurance is always structured to be maximally profitable to the insurance provider.
The circumvention of multi-sig was a key factor in the massive Bitfinex hack of over $60m of bitcoin, which today still sits being slowly used and is worth over $3b. While Bitfinex used a qualified custodian Bitgo, which was and still is active and one of the industry leaders of custodians, and they set up 2 of 3 multi-sig wallets, the entire system was routed through Bitfinex, such that Bitfinex customers could initiate the withdrawals in a "hot" fashion. This feature was also a hit with the hacker. The multi-sig was fully circumvented.
Bitpay in 2015 was another example of a breach that stole 5,000 bitcoins. This happened not through the exploit of any system in Bitpay, but because the CEO of a company they worked with got their computer hacked and the hackers were able to request multiple bitcoin purchases, which Bitpay honoured because they came from the customer's computer legitimately. Impersonation is a very common tactic used by fraudsters, and methods get more extreme all the time.
A notable case in Canada was the Canadian Bitcoins exploit. Funds were stored on a server in a Rogers Data Center, and the attendee was successfully convinced to reboot the server "in safe mode" with a simple phone call, thus bypassing the extensive security and enabling the theft.
The very nature of custodians circumvents multi-sig. This is because custodians are not just having to secure the assets against some sort of physical breach but against any form of social engineering, modification of orders, fraudulent withdrawal attempts, etc... If the security practices of signatories in a multi-sig arrangement are such that the breach risk of one signatory is 1 in 100, the requirement of 3 independent signatures makes the risk of theft 1 in 1,000,000. Since hackers tend to exploit the weakest link, a comparable custodian has to make the entry and exit points of their platform 10,000 times more secure than one of those signatories to provide equivalent protection. And if the signatories beef up their security by only 10x, the risk is now 1 in 1,000,000,000. The custodian has to be 1,000,000 times more secure. The larger and more complex a system is, the more potential vulnerabilities exist in it, and the fewer people can understand how the system works when performing upgrades. Even if a system is completely secure today, one has to also consider how that system might evolve over time or work with different members.
By contrast, offline multi-signature solutions have an extremely solid record, and in the entire history of cryptocurrency exchange incidents which I've studied (listed here), there has only been one incident (796 exchange in 2015) involving an offline multi-signature wallet. It happened because the customer's bitcoin address was modified by hackers, and the amount that was stolen ($230k) was immediately covered by the exchange operators. Basically, the platform operators were tricked into sending a legitimate withdrawal request to the wrong address because hackers exploited their platform to change that address. Such an issue would not be prevented in any way by the use of a custodian, as that custodian has no oversight whatsoever to the exchange platform. It's practical for all exchange operators to test large withdrawal transactions as a general policy, regardless of what model is used, and general best practice is to diagnose and fix such an exploit as soon as it occurs.
False promises on the backing of funds played a huge role in the downfall of Quadriga, and it's been exposed over and over again (MyCoin, PlusToken, Bitsane, Bitmarket, EZBTC, IDAX). Even today, customers have extremely limited certainty on whether their funds in exchanges are actually being backed or how they're being backed. While this issue is not unique to cryptocurrency exchanges, the complexity of the technology and the lack of any regulation or standards makes problems more widespread, and there is no "central bank" to come to the rescue as in the 2008 financial crisis or during the great depression when "9,000 banks failed".
In addition to fraudulent operations, the industry is full of cases where operators have suffered breaches and not reported them. Most recently, Einstein was the largest case in Canada, where ongoing breaches and fraud were perpetrated against the platform for multiple years and nobody found out until the platform collapsed completely. While fraud and breaches suck to deal with, they suck even more when not dealt with. Lack of visibility played a role in the largest downfalls of Mt. Gox, Cryptsy, and Bitgrail. In some cases, platforms are alleged to have suffered a hack and keep operating without admitting it at all, such as CoinBene.
It surprises some to learn that a cryptographic solution has already existed since 2013, and gained widespread support in 2014 after Mt. Gox. Proof of Reserves is a full cryptographic proof that allows any customer using an exchange to have complete certainty that their crypto-assets are fully backed by the platform in real-time. This is accomplished by proving that assets exist on the blockchain, are spendable, and fully cover customer deposits. It does not prove safety of assets or backing of fiat assets.
If we didn't care about privacy at all, a platform could publish their wallet addresses, sign a partial transaction, and put the full list of customer information and balances out publicly. Customers can each check that they are on the list, that the balances are accurate, that the total adds up, and that it's backed and spendable on the blockchain. Platforms who exclude any customer take a risk because that customer can easily check and see they were excluded. So together with all customers checking, this forms a full proof of backing of all crypto assets.
However, obviously customers care about their private information being published. Therefore, a hash of the information can be provided instead. Hash is one-way encryption. The hash allows the customer to validate inclusion (by hashing their own known information), while anyone looking at the list of hashes cannot determine the private information of any other user. All other parts of the scheme remain fully intact. A model like this is in use on the exchange CoinFloor in the UK.
A Merkle tree can provide even greater privacy. Instead of a list of balances, the balances are arranged into a binary tree. A customer starts from their node, and works their way to the top of the tree. For example, they know they have 5 BTC, they plus 1 other customer hold 7 BTC, they plus 2-3 other customers hold 17 BTC, etc... until they reach the root where all the BTC are represented. Thus, there is no way to find the balances of other individual customers aside from one unidentified customer in this case.
Proposals such as this had the backing of leaders in the community including Nic Carter, Greg Maxwell, and Zak Wilcox. Substantial and significant effort started back in 2013, with massive popularity in 2014. But what became of that effort? Very little. Exchange operators continue to refuse to give visibility. Despite the fact this information can often be obtained through trivial blockchain analysis, no Canadian platform has ever provided any wallet addresses publicly. As described by the CEO of Newton "For us to implement some kind of realtime Proof of Reserves solution, which I'm not opposed to, it would have to ... Preserve our users' privacy, as well as our own. Some kind of zero-knowledge proof". Kraken describes here in more detail why they haven't implemented such a scheme. According to professor Eli Ben-Sasson, when he spoke with exchanges, none were interested in implementing Proof of Reserves.
And yet, Kraken's places their reasoning on a page called "Proof of Reserves". More recently, both BitBuy and ShakePay have released reports titled "Proof of Reserves and Security Audit". Both reports contain disclaimers against being audits. Both reports trust the customer list provided by the platform, leaving the open possibility that multiple large accounts could have been excluded from the process. Proof of Reserves is a blockchain validation where customers see the wallets on the blockchain. The report from Kraken is 5 years old, but they leave it described as though it was just done a few weeks ago. And look at what they expect customers to do for validation. When firms represent something being "Proof of Reserve" when it's not, this is like a farmer growing fruit with pesticides and selling it in a farmers market as organic produce - except that these are people's hard-earned life savings at risk here. Platforms are misrepresenting the level of visibility in place and deceiving the public by their misuse of this term. They haven't proven anything.
Fraud isn't a problem that is unique to cryptocurrency. Fraud happens all the time. Enron, WorldCom, Nortel, Bear Stearns, Wells Fargo, Moser Baer, Wirecard, Bre-X, and Nicola are just some of the cases where frauds became large enough to become a big deal (and there are so many countless others). These all happened on 100% reversible assets despite regulations being in place. In many of these cases, the problems happened due to the over-complexity of the financial instruments. For example, Enron had "complex financial statements [which] were confusing to shareholders and analysts", creating "off-balance-sheet vehicles, complex financing structures, and deals so bewildering that few people could understand them". In cryptocurrency, we are often combining complex financial products with complex technologies and verification processes. We are naïve if we think problems like this won't happen. It is awkward and uncomfortable for many people to admit that they don't know how something works. If we want "money of the people" to work, the solutions have to be simple enough that "the people" can understand them, not so confusing that financial professionals and technology experts struggle to use or understand them.
For those who question the extent to which an organization can fool their way into a security consultancy role, HB Gary should be a great example to look at. Prior to trying to out anonymous, HB Gary was being actively hired by multiple US government agencies and others in the private sector (with glowing testimonials). The published articles and hosted professional security conferences. One should also look at this list of data breaches from the past 2 years. Many of them are large corporations, government entities, and technology companies. These are the ones we know about. Undoubtedly, there are many more that we do not know about. If HB Gary hadn't been "outted" by anonymous, would we have known they were insecure? If the same breach had happened outside of the public spotlight, would it even have been reported? Or would HB Gary have just deleted the Twitter posts, brought their site back up, done a couple patches, and kept on operating as though nothing had happened?
In the case of Quadriga, the facts are clear. Despite past experience with platforms such as MapleChange in Canada and others around the world, no guidance or even the most basic of a framework was put in place by regulators. By not clarifying any sort of legal framework, regulators enabled a situation where a platform could be run by former criminal Mike Dhanini/Omar Patryn, and where funds could be held fully unchecked by one person. At the same time, the lack of regulation deterred legitimate entities from running competing platforms and Quadriga was granted a money services business license for multiple years of operation, which gave the firm the appearance of legitimacy. Regulators did little to protect Canadians despite Quadriga failing to file taxes from 2016 onward. The entire administrative team had resigned and this was public knowledge. Many people had suspicions of what was going on, including Ryan Mueller, who forwarded complaints to the authorities. These were ignored, giving Gerald Cotten the opportunity to escape without justice.
There are multiple issues with the SOC II model including the prohibitive cost (you have to find a third party accounting firm and the prices are not even listed publicly on any sites), the requirement of operating for a year (impossible for new platforms), and lack of any public visibility (SOC II are private reports that aren't shared outside the people in suits).
Securities frameworks are expensive. Sarbanes-Oxley is estimated to cost $5.1 million USD/yr for the average Fortune 500 company in the United States. Since "Fortune 500" represents the top 500 companies, that means well over $2.55 billion USD (~$3.4 billion CAD) is going to people in suits. Isn't the problem of trust and verification the exact problem that the blockchain is supposed to solve?
To use Quadriga as justification for why custodians or SOC II or other advanced schemes are needed for platforms is rather silly, when any framework or visibility at all, or even the most basic of storage policies, would have prevented the whole thing. It's just an embarrassment.
We are now seeing regulators take strong action. CoinSquare in Canada with multi-million dollar fines. BitMex from the US, criminal charges and arrests. OkEx, with full disregard of withdrawals and no communication. Who's next?
We have a unique window today where we can solve these problems, and not permanently destroy innovation with unreasonable expectations, but we need to act quickly. This is a unique historic time that will never come again.
The payouts are small but over time they add up to a good chunk, enough to challenge those who still believe that “there is no such thing as a free lunch.” The crypto industry has created many opportunities for individuals to realize their dreams of financial freedom, but it’s worth pointing out that, whatever you find out there, if it looks too good to be true probably is.
A faucet is usually a website or app that offers the user a small amount of crypto in exchange for performing a task. Most of the time the task required is completing a simple captcha, but it can also be watching an ad or playing minigames. A faucet makes money via the ads on its platform, and shares some of the revenue with its users in the form of cryptocurrency. There is a timer, however, you can’t reclaim money from the faucet every minute, and also a minimum withdrawal requirement, meaning that you will only be able to reclaim the free Ethereum to your wallet after a certain amount. Ethereum faucets won’t offer a huge flow of value but patiently, drop by drop, you can earn a sizable amount.
Put simply airdrops are giveaways, the definition of free money. So why would someone do something like that? Let’s imagine a new crypto project is looking to launch their own token and fund their operations through an initial coin offering (ICO) or another fund raising mechanism. One good way projects use to get the word out there and build a community is to giveaway a portion of their tokens in an airdrop. It is important to note that airdrops won’t earn you Ethereum directly. The good news is that the majority of tokens use the Ethereum blockchain (ERC-20) and can be kept in your ETH wallet and easily sold for some free Ethereum once listed on exchanges. There are various platforms out there where one can track the latest airdrops.
Bounty campaigns are a tool used by new crypto projects to help them get some initial traction and online buzz. The participants are required to do simple tasks such as leaving a like, comment, or sharing social media posts from a certain crypto project. The most used social media platforms are Facebook, Telegram, and Twitter and the rewards are proportional to how big of a following you have on these platforms. Other common tasks include translation work, creating your own blog post and/or video content, and signature campaigns on the Bitcointalk forum, where most recent bounties appear. Once the bounty campaign comes to a halt, the newly minted tokens are distributed throughout the participants of the bounty campaign. As most new tokens are ERC20 tokens, they can easily be exchanged for some free Ethereum once listed on exchanges
Work for Ethereum
Yes, I know what you are thinking. Is it free Ethereum if we still have to work for it? No, but the upside is that it can pay way better than the other alternatives listed. The diversity of jobs offered is the same as other freelancing platforms with the difference that the jobs are paid in cryptocurrency, in this case ether. If you have some skills in design, writing, or coding (just to name a few) it might be wise to take a look at cryptogrind or XBTFreelancer. Reaching out to crypto businesses directly may also do the trick, as some are always looking for talent to help them out. Even if most don’t reply or turn you down, companies are now more than ever seeking talent in the crypto and blockchain space, so keep trying.
Referral Links for Crypto Exchanges
This one is good for those out there with friends that are also crypto savvy. Various exchanges offer affiliate programs where you get paid out for inviting your friends and colleagues onto their platform. Exchanges like Coinbase offer a one time payment when a new person joins their platform while others like Cryptmixer, for example, gives its members an impressive 50% of the revenue from the new clients they bring in. You can also use their exchange to swap the Bitcoin you receive to Ether, making it a great way to earn ETH.
The Bottom Line
Some methods involve a lot of work, others don’t require much of anything. Some you need to already own Ethereum, while others allow you to start from zero (although the payout is considerably smaller). Crypto has made value accessible to anyone with an internet connection, so choose the one method that best fits your needs and skills and you will be carving out your own space in the cryptosphere, starting with some free Ethereum.
Immediate Edge Review, Is Immediate Edge SCAM Or Legit Trading App?
Immediate Edge Review: Is This Crypto Robot Legit or Scam Immediate Edge Review and investigation 20twenty. The Immediate Edge app is a crypto, forex and choices trading robot utilized by folks to automatically obtain and sell Bitcoin and create profits. Wanting at the website, many people claim it helped them move from rags-to-riches trading Bitcoin. Further, some claims linked it to Ronaldo and Sir Alex Ferguson https://preview.redd.it/rttn3i4hohm51.jpg?width=1280&format=pjpg&auto=webp&s=8f0dc345c3ace4032d571d44fabe356f13ff1a33 Is Immediate Edge app legit or scam? Whereas the claims of its linkage to the higher than celebrities are unverifiable, we tend to can verify that the app is not a scam and permits individuals to trade Bitcoin using the Fibonacci strategy with ten minutes time frames The app, that allows people to deposit at least $250 through mastercard and Sofort, scores 88% rate and a 5 stars as a real software Since there are several scam cryptos, forex and options brokers who trick individuals to depositing money, and then they run away with the funds, we have taken time to review this software to determine if it is real or a scam. Is Immediate Edge scam or legit High success rate is reported by users with this software. The Immediate Edge web site provides truthful claims about the service though it will not mean the crypto trading risks are eliminated with its use. Customers should start with the minimum investment and increase it when satisfied with the utilization of the app. Click the link to access Immediate Edge official web site or keep reading to understand more This software will not seem to be a scam and users report that it helped them make real money trading on it.b site What is Immediate Edge App? Immediate Edgecould be a robot or auto-trading software that allows folks to trade forex, crypto and binary choices. A user deploys the algorithm-primarily based bot, which relies on a trading strategy that's automatically executed on a broker trading platform once deployed. The strategy is coded or set like to permit the user to automatically get and sell crypto, stock or choices on the broker platform at favorable prices, to form profits. It can do automatic market analysis by analyzing a vast amount of knowledge from completely different sources, at intervals seconds and with high accuracy, then use the data to predict the costs. It can then come up with a transparent buy or sell tradable signal and then execute it automatically by shopping for and/or selling on the broker platform. The software can, therefore, save a trader thousands of manual hours and labor they might have spent analyzing information to form trading choices and to follow the markets and to position and close trades. You conjointly do not want to understand anything concerning crypto, stock or option trading to use this auto trading app, although it is suggested to possess this information to keep improving on trading. Trading bots will achieve high success rates of more than 90p.c and have been tested to work. You may be searching for Immediate Edge scam but the website can tell you that you can expect to earn between $950 and $a pair of,two hundred per day using the software but that depends on your expertise. As a newbie, you'll not start making that a lot of immediately and conjointly it depends on how a lot of you invest. With an investment of $250, you'll be able to expect to form a lot of lesser although some people claim to own made $12a pair of in a very few hours using this software. That will not mean Immediate Edge is error-free. There still is a heap of unpredictable high volatility in crypto and bots will make mistakes and errors to create losses. Auto trading robots are better employed in combination with manual trading strategies. https://preview.redd.it/1zkt9v3johm51.jpg?width=1280&format=pjpg&auto=webp&s=85f7e7f5d0e9d6b60b4a8a6e37bb344dbbb8305c Immediate Edge Review How will Immediate Edge work? All a user has to try and do is join up at the Immediate Edge web site, then deposit funds to have access to the robot, when which they can begin trading by switching on the bot. It will would like no control or intervention from humans, beyond beginning and stopping it. You additionally need to stay checking, daily, to observe the performance of the software in doing its job and ensure that it is earning any returns needless to say. From there, you can confirm whether or not to extend or decrease your investment towards crypto, options or stock trading using this robot. You'll be able to also monitor performance to be ready to regulate the trading settings from your dashboard and optimize totally different features of the trading bot for instance set amount of trades or amount to invest in every trade. Founder of Immediate Edge In line with the Immediate Edge website, this trading bot was founded by Edwin James. Reportedly, he created billions with forex, crypto, and binary options trading and still shares his strategies on the way to trade the assets on the app. He founded the app to create it potential for brand spanking new traders to create cash in less than 3 minutes of signing up. How to sign up on Immediate Edge: Registration: Registering or signing up on the website is free but to start trading, you want to deposit no less than $250. You discover a registration type on the top right of the page, on that you type in your email, full names and phone numbers and country code. Create a password to be used for logging in later. Deposit funds: Depositing funds allows you to connect to a robot broker and then you'll begin the bot to start out trading. You'll deposit with Visa, Wire Transfers, Klarna or Skrill. The currencies supported are Swiss Franc, British Pound, US Greenback, and Euro and using a credit or debit card limits deposits to less than $/£/€/?10,00zero in one day and $/£/€/?40,000 in an exceedingly month. Immediate Edgeisn’t licensed to handle your funds, it works with brokers to handle the cash once it's deposited. Demo trading: Relying on the broker you're connected to, you can begin to practice trading with the Immediate Edge software. Some brokers do not have this feature on their platforms. Still, with the latter, you can test their options before you deposit cash to try and do live trading. With the demo options, you'll be able to familiarize yourself with the trading house before beginning to use real money to trade. Trading: Before and when you've got switched on auto-trading, you would like to check the trading settings daily. You'll regulate some things including stop-loss orders and when to try to to them, amount to speculate per trade and how several trades to try to to per day. You'll be able to also choose that cryptocurrencies to trade, and you'll be able to select all the most in style ones together with Bitcoin and Ethereum. You also get to observe the profits/losses and decide if to continue and/or when to prevent. https://preview.redd.it/c9scw5fkohm51.jpg?width=1280&format=pjpg&auto=webp&s=3d127be2887c4c8960023a8cf1b1f55297dbf250 Withdrawals, user verification, cost of using the app and alternative options The payouts or withdrawals are made by filling letter of invitation type on the funds’ management page and it can take two operating days to replicate in your checking account. No fee is charged on withdrawals. You'll withdraw your cash including the capital while not a lot of problem on this app, that is better than several that don't enable withdrawals at any time While some bots need verifications by asking for your ID and statements, this one will not. You are done once uploading your payment details. The bot charges a commission on profit. Besides, you get twenty fouseven client support on Immediate Edge Immediate Edge may be a legit, secure, user-friendly trading application for crypto, stocks, and choices. It has a zealous customer service and reports a high success rate. Another smart robot we have recently reviewed is Bitcoin Professional We tend to hope that this review helped you to make a decision concerning this trading app. Additionally, subscribe to our web site to be invariably notified concerning new software from this industry. For live reviews subscribe to our Youtube Channel or FB Page. https://www.immediateedge.org/ https://www.facebook.com/immediateedge/ https://www.pinterest.co.uk/immediateedge/ https://twitter.com/EdgeImmediate https://www.instagram.com/immediateedge/
I have an opinion on Nano and I'm going to spend up to $25,000 to test it. I'll post the whole thing here if anyone is interested.
First, a VERY brief crypto background of me. I've been a bitcoin person for about a decade now. I have a solar bitcoin mining operation and a fruit and veggie farm that is, oddly, integrated with my bitcoin mining operation. I have been trading crypto almost since the beginning. I write trading software for crypto. And I'm going to start a logistics software company that piggybacks off of the bitcoin blockchain. I started seriously acquiring Nano, recently, under $0.80 as a highly speculative bet. I have been following Nano for a couple years now. I think the idea is very clever. Fast and free does kind of seem like a dream. But I don't understand the psychology or the economics behind a currency that is peer-to-peer and doesn't require mining. Maybe it'll work...maybe not...I just don't know. If mining turns out to be the problem then I think that bitcoin will just fork to a non-mining version. Even if Nano is faster, better, more clever, etc...it wasn't the first. Bitcoin was. Satoshi did all the heavy lifting. Nano, while SUPER clever, is just a derivative copy of what Satoshi figured out. The main difference is the lack of mining and the DAG. Anyhow, you wanna know how I'm gonna spend $25k on Nano, right? Remember how I said I own a farm? Well, my farm grows SUPER fancy produce for people with too much disposable income. We're based in Southern California. They order it from us, we pick it that day from our SUPER FANCY, state-of-the-art greenhouses out in the middle of the desert and we deliver it to your door about 8 hours later. Most people can't afford our produce because it costs a lot to grow, it's organic, we grow in these crazy greenhouses that cost us a fortune to build. Our stuff is perfect. Anyhow, I want to test home delivery using FedEx so that I can ship anywhere in the continental US instead of our drivers delivering to Los Angeles, Orange County and San Diego. So, since I am about to test home delivery, I thought that I could also spend some of my recent earnings on the trade I just made this evening of Nano. Ok, I know you had to read a lot to get here. And I'm sorry for that. But, here is what I want to know: IF I TELL THE NANO COMMUNITY ABOUT MY BUSINESS, HOW MANY ACTUAL HOLDERS OF NANO WILL BUY MY FRUITS AND VEGGIES...USING NANO? ARE THERE REALLY ENOUGH HOLDERS OF NANO TO SUPPORT SOME PART OF A BUSINESS? IS NANO REALLY THAT GREAT? IS IT REALLY EASY TO USE LIKE THEY SAY? IF I OFFER YOU A HIGHER QUALITY VERSION OF SOMETHING YOU ALREADY PURCHASE OFTEN, WILL YOU ACTUALLY USE YOUR NANO TO BUY IT? OR...IS EVERYONE JUST TRADING NANO AND HOPING TO GET RICH CUZ THEY MISSED BTC WHEN IT WAS $1? Also, you should be asking yourself, by now, how is this guy gonna spend $25k? Here's how: this produce costs me a lot to grow because it is grown in glass clean rooms in the middle of the desert, with a costly off-grid solar array and giant battery banks; we only sell to high end restaurants and people who are kinda rich; our tomatoes are $12 per pound. Our strawberries are $12 per pound. Our cilantro is $4 per head, Romaine lettuce is $4....you get the idea. It's expensive. Anyhow, I'm going to create a totally separate site for Nano ONLY customers. I'll pay the shipping fees for orders. And I'll sell the produce at the same price as a regular grocery store, instead of our extremely high prices. We grow about 30 different things, the most common veggies you would buy at your local grocery store in the US, plus about 7 different tomatoes and 2 types of fancy strawberries. Ok, now you think that I am just trying to use this subreddit to trick people to going to my site and then tricking you into buying stuff. I'm not. I just made a good amount from Nano nearly doubling on a bet I recently made and cashed in. I'll give all the Nano I make from this test to whomever impresses me the most on this subreddit. I'll make the whole thing public. You can watch the wallet publicly. See if anyone is buying stuff. I kinda think that very few people are gonna use their Nano to buy something that a real currency should be used for: fruit and veggies. My fruit and veggies are way too expensive for the average family so I am going to subsidize this test (the test is to see if I can get $10-20k in Nano sales by just telling the Nano community on Reddit). I know it's not the best test, I am kinda giving my produce away at cost, I'll have to pay the FedEx overnight shipping costs myself....AND THEN I'M GONNA GIVE SOME INTERNET PERSON ALL THE PROCEEDS INSTEAD OF BUYING A JSG BOGGS PIECE OF ART (LOOK HIM UP, CRYPTO NERDS MIGHT DIG IT). But I just made a bunch of money on FUCKING Nano of all things! I'm gonna give back up to $25k to test something. I test stuff all the time with crypto, by the way. You should read my posts over the last few years if you're bored one day. Would anyone be interested in even following this? Do other people think Nano has a use case? Anyone got a better idea for my $25k (other than me giving it to you cuz you're lazy)? Oh, for the record: yeah...bitcoin...duh. Everything else is just a copy. No offense intended.
[OC] If the regular season ended today, who would make your All-NBA 1st team? And 2nd team? And 3rd team? And 4th team? And 5th team? And 6th team? And 7th -- uh oh -- I think I lost my marbles... but let's keep going... 8th team? 9th team? 10th team?
Getting named as an NBA All-Star is a high honor, but being named to an All-NBA team is even rarer air. After all, only 15 players in the entire league earn that distinction. The fact that it's such an exclusive club makes it so important, so the idea of adding more players to the list would devalue it by nature. It'd be a silly, fruitless exercise, and a complete waste of time. That said... it sure beats "reality" right now. And in the interest of escapism, let's entertain that hypothetical. Who would make your 1st team All-NBA? Your 2nd? Your 3rd? Your 4th? The challenge is get all the way up to the 10th if you can handle that test of your sanity. For my own, I include a few caveats: --- The NBA breaks down All-NBA spots more traditionally with frontcourt and backcourt, but I find that outdated. For mine, I'm going to include 1 "lead guard," 2 "wings," 1 "big," and 1 "flex" that can be any position. To me, that's reflective of the modern game. Most teams play with 1 guard, 3 wings, and 1 big, but there are teams that use 2 lead guards, or 2 bigs, etc. --- The nature of basketball statistics tends to break down by game, or by minute, or even by play/possession. In the process, we tend to overlook players who are durable and add aggravate value over the course of a season. Personally, I'm going to factor in "games played" more than most would. --- The advanced stats I'm listing are true shooting percentage and ESPN's estimated "wins added" based on their real plus/minus metric. With all that said, let's get to the madness.
GUARD: James Harden (HOU). 34.4 points, 7.4 assists, 62 TS%, +10.4 wins added You can tell when a player has reached an historic level of greatness when no one seems to care when they're averaging over 34 points per game (on awesome efficiency.) Ho hum. WING: LeBron James (LAL). 25.7 points, 10.6 assists, 58 TS%, +11.0 wins added After last year's disappointment, LeBron James has come back leaner and meaner, with much better effort on D. He hasn't been attacking the paint and drawing fouls quite as well as he did in his youth, but he's adjusted his playing style and racked up a career high in assists. WING: Giannis Antetounkmpo (MIL). 29.6 points, 13.7 rebounds, 61 TS%, +11.2 wins added The Greek Freak's struggles at the free throw line (down to 63%) have lowered his efficiency from last year, but he's still clearly in contention for another MVP season. His point total nearly matches his minutes (30.9). BIG: Nikola Jokic (DEN). 20.2 points, 6.9 assists, 60 TS%, +6.0 wins added The Joker LOOKS like he should be a complete liability on defense, but the stats haven't born that out (he's +1.8 on that end in RPM.) And given that, his transcendent passing ability assists (get it???) his 1st team candidacy. FLEX: Anthony Davis (LAL). 26.7 points, 2.4 blocks, 61 TS%, +5.2 wins added The Lakers have vaulted into the top 3 in defense, largely due to Anthony Davis' ability to wreak havoc on that end. And keep in mind, he's leading his team in PPG as well.
GUARD: Damian Lillard (POR). 28.9 points, 7.8 assists, 62 TS%, +4.9 wins added If it wasn't for Steph Curry and James Harden, Dame would be looking at a lot more first-team All-NBA seasons. This hasn't been Portland's best by any stretch, but it's hard to fault him for that. WING: Luka Doncic (DAL). 28.7 points, 8.7 assists, 58 TS%, +5.9 wins added No doubt, Luka Doncic is our toughest exclusion from the 1st team and the one I figure will be the most unpopular pick (so far.) The reason he slipped off the 1st team for me is the injury; he's played 10 less games than Nikola Jokic. WING: Kawhi Leonard (LAC). 26.9 points, 5.0 assists, 59 TS%, +5.7 wins added Similarly, it's always going to be tough for me to justify Kawhi on a 1st team as long as he takes off games (he's missed 13/64 so far.) Still, he should be rested and ready to go for another title campaign. BIG: Rudy Gobert (UTA). 15.1 points, 13.7 rebounds, 70 TS%, +4.5 wins added I wonder if Rudy Gobert's coronavirus issues will hurt him in media votes in the future. Personally, I'm just going to keep rewarding him and recognizing him as one of the most impactful players in the league. FLEX: Jimmy Butler (MIA). 20.2 points, 6.1 assists, 58 TS%, +4.1 wins added Jimmy Butler's struggled to score from the field this year, but his ability to draw contact and get to the line (9.1 FTA) keeps his efficiency above average. And therein, his passing and defense help boost him into this range.
GUARD: Chris Paul (OKC). 17.7 points, 6.8 assists, 61 TS%, +5.5 wins added An incredible year all around for CP3, who has turned 35 years old this month. WING: Jayson Tatum (BOS). 23.6 points, 7.1 rebounds, 56 TS%, +4.6 wins added We all know him as a deadly scorer, but Jayson Tatum's added strength has helped him hang at the 4 spot on defense, which is a boon for the Celtics' small-ball/wing-ball approach. WING: Khris Middleton (MIL). 21.1 points, 6.2 rebounds, 62 TS%, +3.7 wins added Giannis is the engine that drives the Bucks, but having shooters like Middleton around him is key. BIG: Pascal Siakam (TOR). 23.6 points, 3.6 assists, 56 TS%, +4.8 wins added Without Kawhi Leonard soaking up attention, Pascal Siakam's not getting as many easy baskets (his 2-point FG% has dropped from 60.2% to 50.6%.) Still, he's a hugely valuable player on both ends of the floor. Is he a true “big?” No. But I think that term is broad enough to extend past centers and can include PFs as well for our purposes. FLEX: Russell Westbrook (HOU). 27.5 points, 8.0 rebounds, 54 TS%, +6.0 wins added I've never been a big Westbrook fan, but I give him credit for keeping his activity level and productivity up in a new role. He's gotten better and better as the season has gone on as well.
GUARD: Ben Simmons (PHI). 16.7 points, 8.2 assists, 61 TS%, +4.2 wins added Shooting? Still a problem. But fortunately, Ben Simmons does virtually everything else well. He can also step up his game when needed (like when Embiid is out.) WING: Donovan Mitchell (UTA). 24.2 points, 4.2 assists, 56 TS%, +2.1 wins added I don't know if Donovan Mitchell is truly any better than any high-scoring SGs like Devin Booker or Zach LaVine, but we have to reward him from being on a winner. WING: Brandon Ingram (NO). 24.3 points, 6.3 rebounds, 59 TS%, +2.4 wins added A candidate for Most Improved, Brandon Ingram helped carry his team early in the season. He'll still have to figure out his chemistry with Zion Williamson, but it's safe to say he made himself a lot of money this year. BIG: Bam Adebayo (MIA). 16.2 points, 10.5 rebounds, 61 TS%, +3.1 wins added Bam's ability to move the ball on offense (5+ assists) and move his feet on defense is key to the team. The scary part is: he may have another level to his game to reach. FLEX: Devin Booker (PHX). 26.1 points, 6.6 assists, 62 TS%, +3.5 wins added It's getting hard to blame Devin Booker for Phoenix's W-L record. He's just a flat-out stud scorer.
GUARD: Trae Young (ATL). 29.6 points, 9.3 assists, 60 TS%, +3.2 wins added Like Devin Booker, Trae Young is an offensive savant. Unfortunately, his defense is even more of an issue. He graded at -3.1 in RPM on that end, one of the worst in the entire NBA. WING: Bradley Beal (WAS). 30.5 points, 6.1 assists, 58 TS%, +1.8 wins added You expect Trae Young to be bad at defense, but Bradley Beal has graded surprisingly bad there as well (-2.8 RPM.) Of course, starting alongside Isaiah Thomas doesn't make that easy. Nevertheless, we had to downgrade him a few spots for the inconsistent effort there. WING: Jaylen Brown (BOS). 20.4 points, 6.4 rebounds, 59 TS%, +3.3 wins added Coming out of Cal, some scouts questions Jaylen Brown's feel for the game. Right now, it's hard to find many things that he doesn't do well. BIG: Joel Embiid (PHI). 23.4 points, 11.8 rebounds, 59 TS%, +2.8 wins added Embiid would rank higher at full strength, but he's missed about 1/3 of the season so far. FLEX: Kyle Lowry (TOR). 19.7 points, 7.7 assists, 59 TS%, +3.2 wins added Now age 34, Kyle Lowry continues to play very well on both ends. He's the little engine that could -- or perhaps more appropriately, the caboose.
GUARD: Eric Bledsoe (MIL). 15.4 points, 5.4 assists, 58 TS%, +2.9 wins added Eric Bledsoe gets more flak than credit, but he's still one of the best players on the best team in the league. WING: Zach LaVine (CHI). 25.5 points, 4.2 assists, 57 TS%, +4.3 wins added If the Bulls had a better record, Zach LaVine could have been a few spots higher. His defense isn't quite as bad as advertised either. WING: C.J. McCollum (POR). 22.5 points, 4.3 assists, 54 TS%, +3.7 wins added This must be the "all flak" team, because C.J. McCollum also gets blamed a lot for Portland's struggles to get over the hump. To me, Dame+CJ isn't the problem; the complete mess at the SF-PF position is to blame. BIG: Domatas Sabonis (IND). 18.5 points, 12.4 rebounds, 59 TS%, +1.5 wins added Arvydas' kid also has some baby Joker to his game, as his 5.0 assists are a huge part of Indiana's offense. FLEX: Paul George (LAC). 21.0 points, 3.9 assists, 58 TS%, +2.5 wins added Again, I'm factoring in games played more than most, and Paul George (42 GP) has missed quite a bit of time.
GUARD: Kemba Walker (BOS). 21.2 points, 4.9 assists, 57 TS%, +2.5 wins added Kemba Walker doesn't have the same workload in Boston as he did in Charlotte, and the stats reflect that. Still, he's safely one of the top 10 PGs in the league. WING: Bojan Bogdanovic (UTA). 20.2 points, 4.1 rebounds, 60 TS%, +2.6 wins added Here we're talking BOJAN (from Utah) and not BOGDAN (from Sacramento), although they're both good. Bogey's delivered on the three-point shooting for Utah, hitting 41.4% on 7+ attempts a game. WING: Danilo Gallinari (OKC). 19.2 points, 5.5 rebounds, 61 TS%, +2.8 wins added Perpetually underrated, it may be time we stop acting shocked when Gallo's teams (LAC last year, OKC this year) are better than people expect. BIG: Karl-Anthony Towns (MIN). 26.5 points, 10.8 rebounds, 64 TS%, +2.7 wins added KAT was among the hardest to rank for me. Offensively, he's historically great -- arguably the best shooting center of all time. The defense is an issue, of course, and the workload is what doomed him on my list. His 35 games played is our lowest total so far. FLEX: Jrue Holiday (NO). 19.6 points, 6.9 assists, 54 TS%, +3.5 wins added It's fitting that Jrue Holiday is listed at "flex," because he's gone from a pure point guard to a jack of all trades.
GUARD: Ja Morant (MEM). 17.6 points, 6.9 assists, 57 TS%, +1.6 wins added As the lead guard of a team, you expect Ja Morant to put up good raw stats. However, his efficiency and steadiness is remarkable for a rookie making the leap from Murray State. He also gets a boost for leading Memphis into playoff position (for now, until the NBA decides to snatch that away.) WING: Evan Fournier (ORL). 18.8 points, 3.2 assists, 60 TS%, +2.1 wins added Quietly, Evan Fournier is having a good season for Orlando. If you don't believe me, google it. WING: Robert Covington (HOU). 12.8 points, 1.5 steals, 57 TS%, +2.8 wins added Every team would love to have a low-usage 3+D forward like RoCo. Except for Philly and Minnesota, I guess. BIG: Hassan Whiteside (POR). 16.3 points, 14.2 rebounds, 64 TS%, +2.1 wins added This may be a controversial pick because Whiteside has become a punching bag for fans, but he may have made the rare transition from underrated to overrated (and overpaid) and back to underrated again. FLEX: Tobias Harris (PHI). 19.4 points, 6.8 rebounds, 56 TS%, +2.1 wins added Speaking of overpaid... Tobias Harris hasn't lived up to his giant contract yet, but he's undoubtedly a good starter to have on your team.
GUARD: Spencer Dinwiddie (TOR). 20.6 points, 6.8 assists, 54 TS%, +3.0 wins added Nothing raises your bitcoin valuation more than that sweet, sweet All-NBA 9th team trophy. WING: Shai Gilgeous-Alexander (OKC). 19.3 points, 6.1 rebounds, 57 TS%, +2.1 wins added Like Jrue Holiday, SGA is a point who can play "up" a position. In fact, he’s been working effectively at both SG and SF this year, as illustrated by that nice rebounding rate. WING: Duncan Robinson (MIA). 13.3 points, 3.3 rebounds, 68 TS%, +3.0 wins added This may be high for a one-trick pony, but that trick happens to be quite a valuable one. The unknown Robinson is hitting 44.8% of his threes (at 8.4 attempts per game.) He's a huge part of Miami's offensive gameplan. BIG: Kristaps Porzingis (DAL). 19.2 points, 9.5 rebounds, 54 TS%, +3.9 wins added Too high? Too low? I can't figure out Porzingis' season in Dallas so far. Still, any big who can block shots and hit threes has an inherent value. FLEX: Dennis Schroder (OKC). 19.0 points, 4.1 assists, 57 TS%, +5.4 wins added Perhaps the biggest surprise to OKC's success this season has been a career year for Dennis Schroder off the bench. He's even played well when paired with CP3 and SGA in the same lineup. The stats suggest that Schroder should rank even higher than this, but I'm still trying to wrap my mind around him becoming such an efficient player all of a sudden.
GUARD: Lou Williams (LAC). 18.7 points, 5.7 assists, 55 TS%, +3.6 wins added Sweet Lou has a little less to do now that Kawhi Leonard and Paul George are in town, but he's still one of the best scorers off the bench. WING: Buddy Hield (SAC). 19.8 points, 4.8 rebounds, 57 TS%, +3.0 wins added A NEW addition to the "scorer off the bench club," Buddy Hield deserves kudos for accepting that role as the Kings try to find a spark. He hasn't been as red-hot as he had been last season, but he's still one of the best SGs in the league. WING: Gordon Hayward (BOS). 17.3 points, 4.1 assists, 59 TS%, +1.9 wins added Gordon Hayward has quietly been working his way back into top form, with his ball movement and BBIQ two real feathers in his cap. He's dinged a few spots here based on missed time (he's only played 45 games.) BIG: Montrezl Harrell (LAC). 18.6 points, 7.1 rebounds, 61 TS%, +3.6 wins added Fittingly, Montrezl Harrell will join Lou Williams' team here. It'll be interesting to see whether Doc Rivers rolls with the two of them in crunch time during the playoffs. FLEX: Nikola Vucevic (ORL): 19.5 points, 11.0 rebounds, 54 TS%, +2.0 wins added It's debatable how valuable Vucevic's 20-10 seasons are because he's not a good defender and he's not a terribly efficient scorer. That said, I'm giving him credit for a high degree of difficulty here as the go-to scorer on a team that doesn't have a lot of weapons offensively.
just missed the cut
If you'd like to sub in any other players, here are some notable names: PG FredVanVleet (TOR), PG Devonte' Graham (CHA), PG Malcolm Brogdon (IND), PG Jamal Murray, PG Lonzo Ball, PG De'Aaron Fox (SAC), PG/SG Marcus Smart (BOS), PG/SG Kendrick Nunn (MIA), SF Joe Ingles (UTA), SF Will Barton (DEN), SF DeMar DeRozan (SA), SF/PF Davis Bertans (WAS), SF/PF Aaron Gordon (ORL), PF LaMarcus Aldridge (SA), C Myles Turner (IND), C Steven Adams (OKC), C Andre Drummond (CLE), C Jarrett Allen (BKN), C Derrick Favors (NO), C Jonas Valanciunas (MEM), C Brook Lopez (MIL). And of course, we need an obligatory Zion Williamson (NO) mention, although his 19 games played is a tough hurdle to overcome.
Some of you might be coming to this sub, and wondering why so many people support Bitcoin Cash. This is directly answered in the pinned FAQ, and also briefly goes over the history of the sub. Now onto why Bitcoin Cash has huge potential when it comes to changing the world: Bitcoin Cash was created with the purpose of bringing economic freedom to everyone all across the globe. With the current banking, financial, and payment systems, there are many issues when it comes to the usability of money. These issues are: - Sending money across the globe without having to pay high fees (percentage fees), and waiting days or even weeks for your transfer to go through - Having payment options like Visa and Mastercard that help deal with high-volume business, but having to pay a flat fee ($0.15), and a fee of 2%-3% per purchase - Having full control over your money, so the government can't devalue your savings by printing more money for their personal interests - Being able to use your money however you like, without having to get permission from an intermediary, middleman, or financial institution - Being able to know how much money will be circulating at any given time in the future - Paying high fees (4%+) for converting currency when travelling Let's take a look at how Bitcoin Cash solves these problems: Remittance When it comes to sending money across the globe from one bank account to another, often times the fees will be very high because when your bank is sending money, it has to go through several intermediary banks that each take from the initial amount of money, making the process slow, and expensive. Currently, Western Union is advertising "free" transfers of currency across the globe. Seems like a good deal, right? Well here's the thing: they're tricking you into thinking that transfers are free when they're actually making money off of the exchange rate. We believe that money (digital cash) should be as frictionless as possible, and that a user shouldn't have to deal with transfer fees, and have to get permission to transfer their money from one bank to another. Currently, the fees on Bitcoin Cash are only $0.0007, and we plan on keeping them that low. Payment Systems When it comes to traditional payment systems, like Visa, Mastercard, and American Express, credit card companies often charge a 2%-3% fee on every transaction that takes place, and a transaction can take anywhere from 24-36 hours to confirm, and go into a merchant's bank account. These payment systems are both slow and expensive. With Bitcoin Cash, your funds are available instantly for you to spend, but if you want to take extra security measures, you can always wait ~10 minutes for a confirmation to go through. Control Over Your Own Money With the banking system as we currently know it, one of the biggest problems is the lack of control your have over your own money. Every year, people are forced to pay taxes to politicians only to have their money basically wasted on providing effectively nothing to them. Bitcoin Cash solves this problem by giving you full control over your money. Making a wallet does not require anyone to give ID, personal information, or anything that could potentially lead to the government having any say in what you can do with your hard-earned money. Another issue with traditional currencies is the inflationary nature of them. This is another form of taxation that doesn't appear to be as bad as taxing, but it's just a different way of taking money from the hands of citizens. When the government prints more money, your savings get devalued, meaning that the government has effectively stolen money without physically "stealing" it. With Bitcoin Cash, the inflation relies on a purely mathematical system in which the maximum number of Bitcoins will always be 21 million. With mathematical certainty, you can always be sure of the exact supply of Bitcoins based on the block number. I made a graph that helps illustrate this with >99.99997% accuracy on how many Bitcoin Cash will be in circulation based on the block height. This works for Bitcoin, and Bitcoin SV too. You can check the accuracy by putting the block height/number in the brackets of the second expression. Currency Conversion Have you ever travelled to another country where you had to convert to the local currency in order to be able to use it? If so, you would've realized that conversion rates can often be very high, and it is impractical to do unless you're converting a large sum of money. Our idea is to increase merchant adoption so that Bitcoin Cash can have its own economy, so it doesn't matter where in the world you are, you can always use Bitcoin Cash, and not have to worry about conversion fees. If you want to "convert" to another currency, you can always use SLP tokens that will eventually come in a variety of local fiat currencies in the near future. Tether USDT is already planning to make SLP tokens too. This is also a great alternative if you aren't sure whether you want to put your money into crypto, and want to stick with fiat instead. Think of SLP tokens as "paper" tokens on top of Bitcoin Cash that can be sent and received for fractions of a penny! How to use Bitcoin Cash for Buying Goods and Services Right now, there are many ways you can use Bitcoin Cash, including local usage, and online usage. If you want to see which merchants near you accept Bitcoin Cash, you can check using map.bitcoin.com and see which local merchants are accepting Bitcoin Cash. If you want to buy things online, you can use purse.io, and get 30% off on any Amazon purchase, so you contribute to the economy of growing Bitcoin Cash, and get a great deal for any item you want to buy! TL;DR: Bitcoin Cash is sound money which you have full control over your own money, and allows you to send any amount of money, anywhere in the world, instantly, and practically for free. If you have any additional questions, feel free to comment. Resources: Bitcoin Inflation Graph: https://www.desmos.com/calculatolaijpbrh4s Buy things on Amazon using Bitcoin Cash: https://purse.io/shop purse.io chrome extension: https://chrome.google.com/webstore/detail/purse-shop-with-bitcoin-b/amdginnpaflghjbbdkfenpekaeifnpee See which local merchants accept Bitcoin Cash: https://map.bitcoin.com/ Wallets with Bitcoin Cash: Electron Cash, Bitcoin.com Wallet, Exodus, Badger Wallet Bitcoin Cash website: https://bitcoincash.org
https://soundcloud.com/user-807100315/hostinger-best-web-hosting-review Visit at- https://webhostingservice.home.blog/2019/06/02/hostinger-free/ There's no uncertainty that with regards to web hosting, Hostinger is just the least expensive choice accessible today, with costs beginning at $0.99 every month. No other organization figures out how to try and approach. A large portion of them offer a fundamental arrangement for multiple times the cost. Believing that it's unrealistic? It isn't. Yet, let me let you in on a little mystery at this moment. To get the best costs, you'll need to focus on Hostinger for quite a while. This would be a keen activity – if the administration is really extraordinary. Since your guests couldn't think less about the amount you pay for hosting. They do think about quick stacking speeds, and about really having the option to arrive at your site when they have to. They additionally need to realize that their own information will be secure and ensured. Could Hostinger offer that? I have my assessments; however I would not like to put together my audit with respect to my supposition alone. As Website Planet is accessible in various dialects, for some odd reason we have web hosting specialists dissipated everywhere on over the world. This was my brilliant chance to play out an enormous scope test, and I chose to do precisely that. We had 30 specialists join to Hostinger and dispatch a neighborhood form of our testing website in 30 distinct nations. They messed with each accessible element, observed stacking velocities and execution, and even besieged client care with questions. They contrasted the outcomes and other mainstream has, as SiteGround and InterServer. This speedy response to every one of our inquiries is that Hostinger performed strikingly well. In certain nations, similar to Russia, it came in at #4. In others, similar to Israel, Hostinger grabbed the #1 place. Peruse on for the long answer. I've point by point my full close to home involvement in Hostinger, and I'll disclose precisely how to take advantage of what the organization offers. To perceive how Hostinger looks at to different administrations, look at our rundown of the top web has. Everything an Amateur Needs With costs being as low as they may be, my restless character quickly recognized two zones where Hostinger may be attempting to pull one over on me: highlights and execution. Indeed, I'd love to pay half of what the contenders charge, yet I would prefer not to get just 50% of what they give. Fortunately, that wasn't the situation by any means, as Hostinger's arrangements incorporate all that I expected to get moving, from abundant assets to execution boosting apparatuses. Three shared hosting plans are accessible – Single, Premium, and Business. Each of the three works on head of Hostinger's own special control board, cPanel, which incorporates simple auto establishments of WordPress and many other substances the executive’s frameworks (CMS). I pursued the essential arrangement, which accompanied 10GB of plate space, 100GB of transfer speed, 1 email record, and backing for a solitary website. It's sufficient assets to construct an entirely good website – consider hundreds pages and a huge number of HD pictures. Certainly enough to grandstand your composition, innovativeness, items, administrations, or whatever you're anticipating hosting. The two progressed plans accompany boundless data transmission, boundless email accounts, and boundless websites. Some additional advantages that you won't get with the Single arrangement incorporate SSH access for you Linux-sharp designers, boundless sub domains, and boundless information bases. Programmed every day reinforcements are the one basic component that the fundamental arrangement needs, which means you'll need to perform reinforcements physically or buy the administration as a different extra. Hostinger has an intuitive website manufacturer by the name of Zyro, however it isn't accessible as a component of the hosting plans. Before we dive further into Hostinger's best highlights, a word on the VPS and cloud plans. Hostinger is above all else a mutual hosting supplier. Try not to be that person who goes to the best pizza joint around and requests pasta. There are has that represent considerable authority in VPS and cloud administrations – Fluid Web and Kinsta, for instance – and keeping in mind that Hostinger's contributions in the field aren't the most exceedingly terrible, there's no motivation to go for them. cPanel Has All the Fundamental Highlights, yet Does not have Some Serious Ones As I said previously, Hostinger has built up its own exclusive control board, which means you won't get the chance to play with the dearest cPanel that you know and love. What's that? You don't create enthusiastic connections to hosting control boards? All things considered, you're the bizarre one. At any rate, while cPanel used to be the standard control board you'd get with most has (counting Hostinger), things change. Because of some exhausting venture show that happened some time back, has have been exchanging boards left and right. cPanel is Hostinger's endeavor into the board world, and you'll see it furnished with all the treats you need. From simple auto establishments and DNS zones setups to email accounts, a record administrator, and MySQL information bases, it's all fundamentally the same as what cPanel offers. However, a few things are unique. For instance, auto establishments in cPanel are finished with Softaculous, which additionally lets you clone your site, set up an arranging variant, and even design a reinforcement plan. cPanel's Auto Installer works admirably at auto-introducing WordPress, yet does not have these valuable additional items. Progressed email highlights, such as mailing records, channels, and routings, are additionally absent from cPanel. Did I ever really use them myself when they were accessible to me? Truly, never. I don't know who does. Yet, that is cPanel for you – it probably won't be equipped for everything, except it's certainly enough for most clients. Amazing Reserving On account of the LiteSpeed Web Worker LiteSpeed isn't the physical metal worker, however the web worker innovation that Hostinger employments. It reliably positions as one of the quickest and most dependable web workers, beating the more seasoned Apache innovation that hosts like GoDaddy despite everything use. You won't need to successfully arrange it. Simply kick back and appreciate the first class execution it conveys, particularly for WordPress websites. What you can do, and assuredly ought to do, is initiate LiteSpeed's reserving capacity, known as LSCache. Sounds excessively specialized? Indeed, turning on the Programmed Store alternative basically summarizes it. Stored duplicates of your pages will be made, fundamentally slicing conveyance times to guests. Static pages, similar to business pages and portfolios, will profit by this significantly more. A SSL Declaration that you could conceivably be getting You need a SSL testament. Regardless of what you think and regardless of what anyone might've let you know – you need a SSL. Why? Since without a SSL authentication to scramble and secure your guests' information, the numerous wrongs prowling on the web will seek it. You'll not exclusively be taking a chance with your undertaking and your guests' wellbeing; however you'll additionally endure a shot on Google's rankings. Today, Hostinger furnishes a SSL with the entirety of its arrangements. In the metaphorical yesterday, which for my situation was only two or three months back, no testament was given. What will happen tomorrow is impossible to say. Hostinger regularly messes with its arrangement highlights, and I propose that you triple-check and ensure that a SSL is to be sure included with your arrangement. Realize that if a SSL is excluded, it's conceivable to buy one as a different extra. In any case, that shouldn't be the situation. All that Is All around Structured, however you’ll be under Consistent Assault from up sell Pop-Ups. Laying it out plainly, Hostinger's client experience specialists have designed an awesome interface and client venture, from information exchange to utilizing and dealing with your hosting. Thing is, Hostinger's business methodology depends on continually pushing you to overhaul and buy additional items. It's irritating, best case scenario, and confounding at the very least. Yet at the same time, the plans are unmistakably spread out, and all Hostinger requests on information exchange is your name, an email address, and a secret word. Yahoo for getting rid of all the insignificant data that different hosts are so enthused about gathering. Interfacing a Domain and Introducing WordPress In the wake of buying my arrangement, the time had come to associate a domain and introduce WordPress. I was given the choice to consequently introduce WordPress as a major aspect of the information exchange measure, however I decided to do it the normal way, utilizing the control board itself, to check how Hostinger's apparatuses contrast with what different hosts give. Presently, my domain was really included with the expectation of complimentary when I bought the Single arrangement, which means it was at that point associated with the hosting. Today, for reasons unknown, just the serious plans accompany a free domain. In the event that you wind up getting your domain name from another supplier, interfacing it is simple. Nameserver data is promptly accessible at the head of your hosting subtleties page, and you should simply duplicate glue them into your domain board. Shouldn't something be said about WordPress? I opened the Auto Installer instrument, picked WordPress as my CMS of decision, and entered the essential website subtleties. It was much easier than how Softaculous gets things done, and my new website was ready for action inside one moment. Dealing with Your Hosting with hPanel Is Simple We've secured the way toward getting your website on the web, however starting here on you'll despite everything use cPanel to make alters and changes to your hosting. Setting up an email account, running manual reinforcements, dealing with the information bases, and the sky is the limit from there, are largely possible through cPanel. How can everything contrast with getting things done with cPanel? Indeed, as I would like to think, it's out and out simpler. hPanel symbols are greater and better sorted out, the interface isn't as jumbled with additional alternatives that you'll never utilize, and the combination with Hostinger's different administrations (uphold, buying additional items, seeing charging) is consistent. All in all, would we be able to consider it an ideal usability experience? Actually no, not so much. The explanation, as I said previously, is that periodically your work process will be harmed by up sell pop-ups. Think rolling out a basic improvement to your DNS records, just to be welcomed with this: I didn't "Increase present expectations." I didn't really do anything aside from sign in. Yet, Hostinger is enthusiastic about pushing plan redesigns, and you'll need to consistently be set up to close down these endeavors, of which there are many. Don't count on the possibility that these pop-ups imply that you've by one way or another spent your assets and need to redesign. Pass on, It's the Quickest Common Hosting Administration We Tried Speed and uptime that is what I'm searching for. Tragically, shared hosting administrations will in general vacillate in these regions, no doubt. The explanation is that as the name infers, you're offering assets to numerous different clients and their websites – in some cases up to many others. It takes an extraordinary host to adjust everything and stay away from a bottleneck circumstance where everything's moderate and no one's cheerful. I'm extremely glad to report that Hostinger exceeded expectations in the presentation tests, yet it really surpassed each other shared host that we tried, including the top-level SiteGround, FastComet, and InMotion Hosting. The main two has that improved, and just barely, were the superior Fluid Web (Nexcess) and Kinsta. Incidentally, they can cost around 20 fold the amount of as Hostinger. Just to give you a thought of Hostinger's capacities, the normal stacking season of my completely fledged greeting page was an exceptional 1.56s, and uptime over a couple of long stretches of testing was as much as 99.99%, precisely as guaranteed. I'm going to nerd out and clarify the testing technique and the outcomes in detail, yet on the off chance that you needn't bother with all the specialized data, don't hesitate to avoid ahead to my encounters with Hostinger's help. I'll simply say it again – Hostinger's presentation shook. As I do with all hosts I test, I stretched out Hostinger the chance to streamline my website and make it quicker. This is something you can (and should) do too – simply approach uphold for help. The operator prompted that I update WordPress and PHP to their most recent forms, and introduce a couple of regular enhancement modules. I actualized the exhortation, and continued with testing. The testing itself was finished utilizing three apparatuses: GTmetrix Genius, the Sucuri Burden Time Analyzer, and Uptime Robot's Professional arrangement. The Dallas, TX, GTmetrix worker was utilized to quantify speed and advancement scores in the US. Sucuri was utilized for worldwide execution experiences, and Uptime Robot – who could have imagined – for following the website's uptime and accessibility online in rates. GTmetrix I ran various GTmetrix tests over a couple of months, totaled the outcomes, and determined the best, slowest, and normal paces. Hostinger indicated a promising normal stacking season of 1.56s. The best recorded time was 1.0s, and the slowest one was 1.9s. Not exclusively is the slowest stacking time well underneath the 3s imprint (where the majority of your guests will likely escape), however the normal scores demonstrate that Hostinger is as solid as anyone might imagine. You can see that score-wise, we're getting twofold Bs. That is totally satisfactory, yet in addition probably the most noteworthy score I found in my tests. The main thing left to do so as to get full scores is to improve the pictures further. Sucuri Burden Time Analyzer As with GTmetrix, I ran Sucuri tests on numerous occasions. Sucuri gives you the stacking speed results for some worldwide areas, and I determined the midpoints of the quickest area (which was obviously in the US, near my server farm), the slowest area (Bangalore, India – the opposite side of the world), and the worldwide normal. The normal for the quickest area was an incredible 0.177s, while even in old fashioned Bangalore the normal was good – 1.11s. The worldwide normal was 0.499s, which earned my website an A worldwide position. Frankly? I was shocked by these numbers. A worldwide normal of 0.499s is unfathomable for a common host, and everything I did to "streamline" my site was introduce a couple modules. There wasn't so much as a CDN (Content Conveyance System) dynamic. That is LiteSpeed and LSCache for you, women and respectable men. Get it while it's hot. Uptime Robot What great are quick speeds if your website has low accessibility? Nothing but bad. Fortunately, Hostinger is keeping it tight with practically immaculate uptime – 99.997% in the course of recent months. I'm proceeding to track and update the outcomes; however coming barely short of 100% is actually what I request from my host. Uptime ensure shrewd, the circumstance is somewhat extraordinary. There's apparently a 99.99% uptime ensure gave, yet Hostinger has a genuine scrappy lawful clarification of when and how you can get your cash back. It generally seems like "never" to me, and regardless of whether you some way or another fit the bill for a cash back (as exclusively dictated by them), it's a measly 5% of your month to month cost. Goodness, and it's only for store credit. In any case, beside this assurance issue, Hostinger truly blows it out of the recreation center in the exhibition test. When Extraordinary, Presently… Requires Tolerance As a long-term client of Hostinger, I've had the delight of testing it over and over… and once more. One of my preferred pieces of the administration used to be the help. There wasn't (and still isn't) any telephone uphold accessible, yet stunning, was live talk a successful method of finding support. Day in and day out help, kept an eye on by experts, and supported by a broad information base of immense extents. The main issue? While the operators used to react in a flash, today they take around 40 minutes to hit you up. In some cases live talk isn't even accessible, and you're moved to some ticket/email framework which I've had next to no karma with. I'll be totally fair with you about what this implies: it will be you and the information base. You can't rely on having an hour accessible to just stick around, and in any event, when the operators do reply, that is only the start of the cycle. With 3 brief reaction times in the middle of messages, posing some straightforward inquiries can expand into a whole workday. The Least expensive Long haul Costs Available, by a wide margin Truly, people, this is the explanation you understand this. While going over the many hosting choices accessible today, Hostinger's costs stick out. That is to say, $0.99 every month? That is excessively modest. What's the trick? Straightforward. Hostinger needs you to pursue a significant stretch of time, and it will give you motivating forces to do as such. Four installment periods are accessible: month to month, yearly, bi-yearly, and quadrennial. That final word implies four years, and it's scarcely utilized in light of the fact that practically no other host approaches you to pursue that long. Fortunately pursuing four years will net you what's without a doubt the best cost in the market for shared hosting. Different hosts charge a comparable cost for a yearly arrangement. Crunch the numbers yourself. What's the circumstance when pursuing shorter periods? All things considered, bi-yearly and yearly plans aren't costly, yet they're significantly more in accordance with the market normal. Month to month plans accompany an arrangement expense and don't bode well. Worth insightful, up to a SSL is incorporated (check!), the plans are totally comparable to the business standard. There's additionally a 30-day unconditional promise, so you'll have adequate opportunity to test the administration yourself and check whether it's a solid match. One thing to see during the checkout cycle is that there are a couple of discretionary extra administrations. Fortunately, none of them come pre-checked. I suggest that you skip them all. You can generally include them later at a similar cost, or "convince" a help operator to give you a superior arrangement… dangers of leaving the administration can do something amazing here. Searching for a free domain? Now and again it's remembered for the plans; some of the time it isn't. The serious plans normally accompany one when pursuing a year or more. At the point when I joined, a domain was additionally remembered for the fundamental arrangement. Presently it isn't – go figure. Concerning making installments, notwithstanding the normal charge card and PayPal choices, you'll additionally have the option to pay with bitcoin and different cryptographic forms of money. Whatever your reasons are for needing to have a website secretly, crypto is the best approach to do as such. Hostinger's reasonable shared hosting plans merit your time, your cash, and your thought. Execution has been shockingly extraordinary, and keeping in mind that it's not the most element pressed contribution around, it has all that you truly need. Would it be advisable for you to put it all on the line? In case you're constructing a blog, a business page, an individual task, or a comparative little to-medium website, my answer is a resonating yes. In the event that it's a web based business store you're hoping to fabricate, or a mind boggling administration like an online course gateway, you'll need something more remarkable than shared hosting. It'll cost you, yet Fluid Web and Kinsta are both better prepared for such ventures.
If you are new to Bitcoin and if you want to earn free Bitcoins from the best BTC Faucets & earning sites then you are at right place.. If you don’t know about the past of Bitcoin then let me tell you that the value of each Bitcoin was $10(Rs. 700) in 2012 and now each Bitcoin is worth around $10,000(As of June 2020) & it is expected to grow more.. With its continuous increasing value ... Online Free Bitcoin’s Earning Tricks - Speedmining Speedmining Online Opportunity of Free Bitcoin Earns with no investments…. in 2020. Bitcoin’s Payments instantly transaction… $5 Crypto Coin Earn Free in Tokyo peoples tomorrow… New Online Work Without Investment… Work on Mobile easily you'll make money… Latest Online Mobile Jobs In Kanagawa… the way to Works?… Get Bitcoin ... Earn Free Bitcoins with BTC Peek. This is probably the easiest way to earn free btc, earn Bitcoin in less then 10 min. No need to download, just Enter your Bitcoin address to start. We don’t need any of your private information for you to use this service. So, you won’t need a password or need to provide your credit card information. Come and Earn now just by clicking a button! Tag: free bitcoin earning tricks. Latest videos . Latest videos Most viewed videos Longest videos Popular videos Random videos. 36 10:16. 100%. Multiplier Auto Bet 100% Winning for Freebitcoin – Earn $10 Daily (in Urdu/Hindi) 608 10:52. 86%. Free Bitcoin Claim Button (For Claiming BTC every 10 seconds) 54 07:03. 100%. Freebitcoin Auto Bet Settings: 100% working without loss. 308 07:36. 0% ... Bitcoin Earning Tricks: How to Earn Free Bitcoins with Zebpay Promo Code? 1.) First of all, Download Zebpay App for Android & iOS [Download Here] 2.) Install and Open Zebpay App. 3.) Next, Enter your Mobile Number. 4.) Verify your Mobile Number via OTP. 5.) Next, Click on Menu from Top Right Corner. 6.) Click on “ Free Bitcoins” 7.) Now Enter Zebpay Promo Code here: REFMANI5391. NOTE: If ...
7 websites to claim FREE BITCOINS + NO LOSE tricks! - YouTube
One Cash. Make money online and earn free bitcoins from bitcoin claim every 7 seconds! It's free! Make money using your Android phones and make money fast! B... Earn Free Bitcoin Daily 0.24 BTC A Day - Earning Trick, Earn Money Online, Without Investment, ETH Online earning bitcoin Join link https://earnbtc.io/i/Muli... This channel Learning PK All About free bitcoin Earning and other's cryptocurrencies online jobs tips and tricks real links provider on you tube Visit to My ... How to Earn Free Bitcoin in 2020 Live Demo🔥 Best Free Bitcoin Earning Tricks in Hindi Real Crypto Tab Browser App Link - http://bit.ly/2wPWq5H aur dosto is... earn without invest ment,easycash withdraw,new earning site 2020,latest earning site 2020,live withdrawproof,bitcoin mining site,legit btc mining site 2020,Live Withdrawal Payment Proof 2020,in ...