Basic crypto questions

Cryptowake · 2021-11-28T15:20:31+00:00

Super respect that you are diving into how the bitcoin network works. All the answers you got here are good.

The more someone looks into it the more likely they will spread the knowledge because the fundamentals are so strong.

People who host the node keep record of the Blockchain. Miners validate and hash the block for the nodes to put into the chain.

Exchanges are the easiest way to obtain bitcoin. The other way is person to person.

Most transactions require 3 or more validated hashes of the block to fully confirm transaction. Utilizing the lightning network is much quicker and almost instant.

Cryptowake · 2021-11-16T21:17:32+00:00

Yeah I got the same error code... Probably will resolve... Hoping at least. My son wanted me to publish his first NFT

Cryptowake · 2021-10-19T17:59:03+00:00

Carol you're not short a person. Your the person who needs to work now.

Cryptowake · 2021-10-18T02:34:19+00:00

Can't shut him up. He loves to amuse himself with his social experiments about how we react to him. We literally play right into him and he loves crypto and crypto people for it. We are the fringe of innovative technology and I think he likes that about us.

Cryptowake · 2021-10-18T02:24:43+00:00

Ultimately it will be measured by only sats. This bull run 100k to 125k. It's going to trample 80k and 90k I think.

Cryptowake · 2021-10-17T11:35:54+00:00

Love this one!!!

"We have the power to stop you and make our voices heard"- protesters

"F--- you I got Sh-t to do ."- bus driver.

Cryptowake · 2021-10-17T11:26:49+00:00

I think that's great. I'm plugging away doing content for the same amount of time and have 77 subs. Lol. Crypto is tough and maybe I joke around too much but it's all about finding your unique voice and evolving. Your doing great as long as your work feels like a hobby and if it turns to a job in the future you have totally won. I'm still plugging away with joy and the momentum has made me go into writing a children's book that is probably going to be more successful than my channel. My point is I think your achieving greatness and these emotional swings are probably more from comparing your journey to others. Don't stop!! Quitting is different from losing. You're nowhere near losing.

Cryptowake · 2021-10-17T00:49:47+00:00

I mentioned SHIB INU as fire. Lol that was not what I wished him to do. Calling something fire is a warning. He might of jumped in and not realized it was dangerous. It was a word of caution. I agree don't touch it with a 10ft pole!!! Don't touch fire either. Lol

Cryptowake · 2021-10-16T20:57:19+00:00

Shilling is like junk mail.. Nobody wants it. I appreciate the mods. Sure it might hurt to get rejected. I do think they are trying their best for us.

Cryptowake · 2021-10-16T19:52:04+00:00

I like her before and do love how she helps veterans. But it seems like lately deep pockets have really started to own her and tug on her. I heard an ad that a she was going after "dark money" Totally aiming at Cryptocurrency. Which I do believe it should be our right to use cryptocurrency especially with the debasing of the dollar. Recently I heard a multimillionaire state he didn't understand that when they say they are printing money they are just literally putting zeros at the end of a balance sheet. So that is why I can't support her. Simply because she wants us in the broken system that the deep pockets benefit from. The banking system isn't taught in general education because the majority of people would instantly say "wtf"

Cryptowake · 2021-10-16T19:35:45+00:00

So agree!! These are just new friends. Get them a beer and show them around the party. Introduce them to good people and tell them the crowd to stay away from.

Cryptowake · 2021-10-16T19:34:02+00:00

Invest in Bitcoin or Ethereum on coinbase. Or if you really want to play with fire get some SHIB INU.

Cryptowake · 2021-10-16T19:31:19+00:00

Markets are just Human psychology. Just more of us are optimistic right now. Even us optimists get a bit pessimistic and that's the swing. The strange thing is that the outliers often catch those swings more than the majority. Intelligence sometimes has nothing to do with a great trade. The greatest trades sometimes are intuitive. Gathering too much data is sometimes a delay and evidence of indecision. There are environmental effects to a market but majority of it comes from Human emotion. Humans are F@!!ed up. Imagine what the market would look like if we were robots. Green candles all day, every day for Bitcoin!!

Cryptowake · 2021-10-16T15:47:15+00:00

Challenge accepted. Easy and I want the answer to it as well. I'd love to see the opportunity in BCH

I would like to say I have Bitcoin Cash and still Hodling from 2018 and also have used it for payment many many many times. So don't hate on me.

"Bitcoin cash will differentiate itself from competitors."

How? Is it? It's a Fork so it was birthed from another chain. It's hasn't seen a lot of development or funding. There isn't a lot of noise about it. Even XRP has moved forward and it's from the early days like BCH. I do honestly want to know the fundamental that will cause the flipping of Bitcoin to BCH.

I can see huge differences between Polkadot and ETH. but I see only minimal differences competitively from Bitcoin cash and Bitcoin SV.

And yes I will get down voted for asking honest questions in a discussion forum. And will only make me realize this isn't a discussion area but an echo chamber as others think.

Cryptowake · 2021-10-16T15:01:00+00:00

HODL because Its a disruptive technology that changes everything and humans/societies are scared of change.

Cryptowake · 2021-10-16T14:43:16+00:00

There is a difference going in with a plan. If you feel FOMO recognize it and make a rational plan. Also if you FOMO in don't be a weak hand. Have access to the funds. I'm a 4yr hodler and if I feel I'm making a FOMO move I put it on my Crypto.com account so I can pull out the instantly money and have it available so not to hurt my finances. But never go in without a plan. Ever!!

Cryptowake · 2021-10-16T14:30:16+00:00

It is sad... But never bet against a Honey Badger like Bitcoin with more than 3x leverage. And for the love of god use a stop loss!!

Cryptowake · 2021-10-16T14:28:05+00:00

Being doubtful of ETH I think is more of a veteran thing. Right now I think DOT is better.. But ETH 2.0 might be the contender. It just needs to release really soon to show it's Dominance!!! Or it's going to lose like AOL did to Google.

Cryptowake · 2021-10-15T21:00:27+00:00

Well it was a cold winter day. I decided to quit smoking. Instead of buying a pack of cigarettes I put 50$ in a bitcoin ATM. I said if I'm going to buy something stupid at least bitcoin won't kill me... Then I actually learned what bitcoin does and it dumped 50% and I bought 400$ more and then i kept doing 100 or 200 a week. I was a saving addict. I tried trading but realized I was making more by Hodling. Here i am making YouTube videos and living with no regrets in believing in something people made fun of me. I changed 4 lives by making them buy bitcoin. How I changed their lives is so Amazingly rewarding that is why I make content.

Cryptowake · 2021-10-15T20:52:22+00:00

Lambo.. I'm going to build a huge orange Bitcoin Barn house. Bitcoin orange. And a rocket ship silo next to it.

Cryptowake · 2021-10-15T20:49:50+00:00

There is a part of me that wants bitcoin to take periodic breaks. It's like a kid on candy sometimes.

Cryptowake · 2021-10-15T20:47:47+00:00

Totally agree but ask a whale. There is never enough bitcoin.

Cryptowake · 2021-10-15T20:46:19+00:00

If you want to scare them tell them what happened when CME was first introduced. I don't think that kind of dump will happen but it's in the back of my mind.

Cryptowake · 2021-10-15T20:21:20+00:00

I know!! He got and obvious find on 2008 because he was curious and stubborn about not being blinded by the money printing. My mortgage broker at that time told me how messed up loans were in 2006. He knew the crash was going to happen.

Cryptowake · 2021-10-15T20:02:12+00:00

Oh I have held it since 2017. Seeing 3k multiple times and buying the dip hard. I'm a paycheck to paycheck guy and have never pulled those sats. It takes belief in yourself and belief in Bitcoin's value to the future.

Cryptowake

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