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      "author": "steemitboard",
      "permlink": "steemitboard-notify-coinmonkeycom-20190811t010511000z",
      "title": "",
      "body": "Congratulations @coinmonkey.com! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@coinmonkey.com/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@coinmonkey.com) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=coinmonkey.com)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "title": "",
      "body": "Congratulations @coinmonkey.com! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@coinmonkey.com/birthday1.png)](http://steemitboard.com/@coinmonkey.com)  1 Year on Steemit\n<sub>_Click on the badge to view your Board of Honor._</sub>\n\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "body": "I agree with two weeks after I join I posted this about steemit. The only reason I stayed is hoping it will change.\nDecentralized may be but democratic No Way !\nhttps://steemit.com/discussion/@theclear/decentralized-may-be-but-democratic-no-f-n-way",
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      "title": "Why steemit will never succeed, and why your steem bucks will become worthless.",
      "body": "You can be the best blogger, or the biggest literary genius, fit the summary of a Melville novel into a single well written paragraph, be a paid blogger who earns $50/page from Yahoo, or you can be really good at writing run-ons, like this one!\n\nThe fact is, at Steemit,  it appears the only way you can make money is if you make huge deposit into your wallet & then crank up your Steem Power.\n\nBut, don't take my word for it.  Just go to the 'new' section, and read some of the posts.  There are hundreds of great stories, that are well written and researched; however, those writers don't have a lot of Steem Power.  After a few days, take a look back and note, they made a whopping nickle.\n\nThen, try the trending section.  Here you might find a story about a young adult who just had a pancake in a European B&B, and amazingly, the story made $250.\n\nGive Steemit.com a try.  Write 100 decent stories, and get back to me on how much you have earned.\n\nI'm not complaining, I actually earn over $100/day writing for 4 different sites/blogs.  Steemit just didn't work out for me.",
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      "author": "evysampson",
      "permlink": "re-coinmonkeycom-nobel-prize-winner-on-bitcoin-20171003t115507304z",
      "title": "",
      "body": "Thank you..",
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      "body": "Nicely written, shme you are not getting more exposure on here...",
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      "parent_permlink": "genesis",
      "author": "coinmonkey.com",
      "permlink": "genesis-mining-com-september-update",
      "title": "Genesis-Mining.com September update.",
      "body": "@@ -403,13 +403,8 @@\n ave \n-sent \n fill\n",
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      "author": "coinmonkey.com",
      "permlink": "genesis-mining-com-september-update",
      "title": "Genesis-Mining.com September update.",
      "body": "Months after claiming a security breach, Genesis Mining announced they have returned to daily payouts:\n\n![gen1.png](https://steemitimages.com/DQmPpwD3kJzRrrfrunKBahoY2c2FKLR2QDBmUgrMuynvxHx/gen1.png)\n\nHowever, our Bitcoin wallet is only getting deposits every 3-4 days.  That seems like the normal schedule now.\n\nThe bigger concern is that our Ethereum wallet has not had a deposit in 2 months.  \n\nWe have sent filled out a trouble ticket every 2 weeks, for a total of 4 trouble tickets.  We have not gotten a single response.\n\nGenesis Mining is not paying Ethereum, and the Bitcoin payouts are coming at regular intervals, but not per their TOS in the contract.\n\nDo Not Use Genesis Mining.",
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      "amount": "0.001 SBD",
      "memo": "Double your money on Steemit. We will Up/Vote your posts if you donate $1 Steem Dollar we will Up/Vote your post to $2.00. Donate $2 SBD and we will Up/Vote your post to $5.00. Donate $10 SBD and get $30.00 in Up/Votes. For $50 SBD you get $300.00 in Up/Votes and for $100 SBD you will get $750 in Up/Votes. We are a dedicated group of more than 200 loyal Steemians who believe you should be paid for your work on Steemit. Now you can get paid for your efforts. To order send Steem Dollars to @optimisticguy and enter a link to your post in the memo section. Up/Votes are spread over 7 days."
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      "parent_author": "phillybull",
      "parent_permlink": "re-coinmonkeycom-bitcoin-mining-about-to-get-a-whole-lot-more-difficult-20170916t141423398z",
      "author": "coinmonkey.com",
      "permlink": "re-phillybull-re-coinmonkeycom-bitcoin-mining-about-to-get-a-whole-lot-more-difficult-20170916t142910480z",
      "title": "",
      "body": "There is only 1 situation where cloud mining could be profitable.  The price of Bitcoin has to keep going up, and it also has to exceed the difficulty increases.  There is also a fine line between buying the contract, and just buying Bitcoin.  If you buy a contract, and the price of Bitcoin stays the same or goes down, the contact will most likely be void within months.  In that case you were much better off buying Bitcoin, and holding.  \n\nWe bought a 2.5TH/s contract for $350 USD last year, and have earned about $1250 in bitcoin as of today(there is a small amount of referral income mixed in there).   If we would have bought 1/3 of a Bitcoin instead, we would have about $1200.  \n\nYou are better off buying the coin, and not have to worry about timing the market.\n\nG/L",
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      "body": "is cloud mining a scam or could it really be profitable?",
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      "parent_permlink": "bitcoin",
      "author": "coinmonkey.com",
      "permlink": "bitcoin-mining-about-to-get-a-whole-lot-more-difficult",
      "title": "Bitcoin mining about to get a whole lot more difficult.",
      "body": "Bitcoin difficulty gets adjusted every two weeks to maintain a block reward time of about 10 minutes. \n\nThink of it this way, if there was a quarter on a football field  it could take you a 1/2 hour to find it.  If you had 100 friends, you would find it in minutes, maybe seconds.  In order to maintain the 1/2 hour time frame to find the quarter, you would have to expand the search area from 1 football field to 100 fields.\n\nBitcoin does the same thing, as more miners enter pools, difficulty gets adjusted.  \n\nIt appears that miners are abandoning Bitcoin Cash(BCH), and moving back to Bitcoin.  Over the past few weeks, the hashrate of BCH has gone from 3 ExaHash to 1 ExaHash.  \n\nOver the past week, during the selloff,  Bitcoin hashrate did dip to 4.5ExaHash  but has recovered today to over 7 ExaHash:\n\nhttps://blockchain.info/charts/hash-rate?daysAverageString=7\n\nBitcoin Wisdom is predicting that in less than 2 days, the mining difficulty is going to increase by 20%.  That means if you are hardware, or cloud, mining your daily earnings are going to decrease by 20%:\n\n![bdiff.png](https://steemitimages.com/DQmZrF31AvmoMXdkAqbqRu3eV7hByTTmp984uSiA5kwYcxV/bdiff.png)\n\nhttps://bitcoinwisdom.com/bitcoin/difficulty\n\nOur Antminer S7 will be reduced to about .50c/day in earnings.  For $15/month profit, the wear and tear on the unit is not worth it unless you are using it for a space heater.   Also our cloud mining contract will be at risk of being voided due to costs exceeding output.\n\nKeep an eye on Bitcoin price next week, the difficulty adjustment is going to have a huge impact on everyone.",
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      "permlink": "re-everittdmickey-re-coinmonkeycom-why-doesn-t-bitcoin-ban-china-20170915t180345231z",
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      "parent_permlink": "re-randowhale-winner-of-randowhale-meme-contest-20170915t211103453z",
      "author": "randowhale",
      "permlink": "re-coinmonkeycom-re-randowhale-winner-of-randowhale-meme-contest-20170915t214113393z",
      "title": "",
      "body": "bit.ly/randoawake",
      "json_metadata": "{\"tags\":[\"randowhale\"],\"app\":\"steemit/0.1\"}"
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      "voter": "okae",
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      "permlink": "buy-1-bitcoin-and-forget-about-it-today-might-be-a-good-day-for-that",
      "weight": 700
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  "timestamp": "2017-09-15T21:23:57",
  "op": [
    "comment",
    {
      "parent_author": "coinmonkey.com",
      "parent_permlink": "re-jrcornel-this-is-absolutely-a-buying-opportunity-and-here-s-why-20170915t211723439z",
      "author": "jrcornel",
      "permlink": "re-coinmonkeycom-re-jrcornel-this-is-absolutely-a-buying-opportunity-and-here-s-why-20170915t212357962z",
      "title": "",
      "body": "That is interesting. I had the numbers somewhere between 15% and 20%. That 10% number sounds even better!",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}"
    }
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{
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  "timestamp": "2017-09-15T21:23:51",
  "op": [
    "vote",
    {
      "voter": "jrcornel",
      "author": "coinmonkey.com",
      "permlink": "re-jrcornel-this-is-absolutely-a-buying-opportunity-and-here-s-why-20170915t211723439z",
      "weight": 100
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{
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  "block": 15498591,
  "trx_in_block": 8,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2017-09-15T21:19:03",
  "op": [
    "comment",
    {
      "parent_author": "jrcornel",
      "parent_permlink": "this-is-absolutely-a-buying-opportunity-and-here-s-why",
      "author": "coinmonkey.com",
      "permlink": "re-jrcornel-this-is-absolutely-a-buying-opportunity-and-here-s-why-20170915t211723439z",
      "title": "",
      "body": "@@ -105,17 +105,17 @@\n s.  A lo\n-w\n+t\n  lower t\n",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"links\":[\"https://www.coindesk.com/china-shmyna-bitcoin-trading-way-distributed-now-anyway/\"],\"app\":\"steemit/0.1\"}"
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{
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  "timestamp": "2017-09-15T21:17:33",
  "op": [
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    {
      "parent_author": "jrcornel",
      "parent_permlink": "this-is-absolutely-a-buying-opportunity-and-here-s-why",
      "author": "coinmonkey.com",
      "permlink": "re-jrcornel-this-is-absolutely-a-buying-opportunity-and-here-s-why-20170915t211723439z",
      "title": "",
      "body": "Coindesk.com  just put up a cool chart showing China volume has averaged about 10% over the past 6 months.  A low lower than I thought:\n\nhttps://www.coindesk.com/china-shmyna-bitcoin-trading-way-distributed-now-anyway/\n\nIf you believe in the technology, definitely a buying opportunity.",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"links\":[\"https://www.coindesk.com/china-shmyna-bitcoin-trading-way-distributed-now-anyway/\"],\"app\":\"steemit/0.1\"}"
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  "timestamp": "2017-09-15T21:11:18",
  "op": [
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    {
      "parent_author": "randowhale",
      "parent_permlink": "winner-of-randowhale-meme-contest",
      "author": "coinmonkey.com",
      "permlink": "re-randowhale-winner-of-randowhale-meme-contest-20170915t211103453z",
      "title": "",
      "body": "I keep missing these.  What's the easiest way to get notified of the next one?\n\nTnx.",
      "json_metadata": "{\"tags\":[\"randowhale\"],\"app\":\"steemit/0.1\"}"
    }
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  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "coinmonkey.com",
      "permlink": "buy-1-bitcoin-and-forget-about-it-today-might-be-a-good-day-for-that",
      "title": "Buy 1 Bitcoin and forget about it:  Today might be a good day for that!",
      "body": "You don't have to worry, wondering if the media will glorify the Bitcoin sell off, of course they will.  And you can bet that James Dimon thinks his magic word \"Fraud\" sparked it all.  For his next act, Dimon might even say that he thinks the murder rate in Chicago will go up because the political system there is a fraud.\n\nIn actuality, the market was spooked by the ambiguous nature of the China exchanges closures.\n\nTake a look at the global trading volume in China, as reported by Coindesk.com(https://www.coindesk.com/china-shmyna-bitcoin-trading-way-distributed-now-anyway/) it's almost insignificant considering the population is over a Billion: ![btc.png](https://steemitimages.com/DQmUSGfHE7xD42fKJeRmAr3V9qcAa6kH7p2zuvmrHLPnoce/btc.png)\n\nThat's right, China accounts for about 10% of the average volume over the past 6 months.\n\nNow might be a good time to buy 1 Bitcoin, and wait 5 years.   If you can't afford that, dollar cost average, and buy$300/month for the next year. \n\nIf you are new to Bitcoin, and believe in the system, you don't need to be trading, watching, or worrying about daily price.  Just buy one, and forget about it.\n\nSee you in 5 years.",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"five\",\"years\",\"china\"],\"image\":[\"https://steemitimages.com/DQmUSGfHE7xD42fKJeRmAr3V9qcAa6kH7p2zuvmrHLPnoce/btc.png\"],\"links\":[\"https://www.coindesk.com/china-shmyna-bitcoin-trading-way-distributed-now-anyway/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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  "op": [
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      "voter": "primetimesports",
      "author": "coinmonkey.com",
      "permlink": "how-fast-can-bitcoin-cash-fail",
      "weight": 2
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{
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  "timestamp": "2017-09-15T19:01:24",
  "op": [
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      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "coinmonkey.com",
      "permlink": "how-fast-can-bitcoin-cash-fail",
      "title": "How fast can Bitcoin cash fail?",
      "body": "@@ -455,17 +455,17 @@\n nCash(BC\n-C\n+H\n ).   You\n@@ -760,17 +760,17 @@\n case, BC\n-C\n+H\n  would g\n@@ -846,17 +846,17 @@\n their BC\n-C\n+H\n  in Janu\n@@ -919,17 +919,17 @@\n pport BC\n-C\n+H\n  at any \n@@ -1205,17 +1205,17 @@\n nt of BC\n-C\n+H\n .  They \n@@ -1242,17 +1242,17 @@\n  sink BC\n-C\n+H\n .%0A%0A3 ) W\n@@ -1278,17 +1278,17 @@\n ilute BC\n-C\n+H\n ?%0A%0ABitco\n@@ -1467,17 +1467,17 @@\n C and BC\n-C\n+H\n  to be d\n@@ -1508,17 +1508,17 @@\n ering BC\n-C\n+H\n , and th\n@@ -1659,17 +1659,17 @@\n case, BC\n-C\n+H\n  will fe\n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"cash\",\"bcc\",\"hard\",\"fork\"],\"links\":[\"https://bitinfocharts.com/comparison/bitcoin%20cash-hashrate.html\",\"https://cointelegraph.com/news/coinbase-consumers-threatened-to-sue-over-bitcoin-cash-was-it-realistic-to-begin-with\",\"http://www.businessinsider.com/bitcoin-price-fork-might-happen-again-2017-8\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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  "timestamp": "2017-09-15T18:55:57",
  "op": [
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      "voter": "primetimesports",
      "author": "coinmonkey.com",
      "permlink": "why-doesn-t-bitcoin-ban-china",
      "weight": 2
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{
  "trx_id": "f24245b8cc0b39870d2a5752536a22bfc9f8fa33",
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  "timestamp": "2017-09-15T18:55:54",
  "op": [
    "vote",
    {
      "voter": "bitcoinparadise",
      "author": "coinmonkey.com",
      "permlink": "why-doesn-t-bitcoin-ban-china",
      "weight": 2
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{
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      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "coinmonkey.com",
      "permlink": "why-doesn-t-bitcoin-ban-china",
      "title": "Why doesn't Bitcoin Ban CHINA?",
      "body": "@@ -895,19 +895,24 @@\n ced \n-tha\n+las\n t month \n+that \n they\n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"ban\",\"china\"],\"links\":[\"http://www.zerohedge.com/news/2017-06-15/peoples-bank-china-manipulating-bitcoin-price\",\"http://www.dw.com/en/5-things-to-understand-about-oil-rich-cash-poor-venezuela/a-38478166\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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{
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  "timestamp": "2017-09-15T18:50:00",
  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "coinmonkey.com",
      "permlink": "why-doesn-t-bitcoin-ban-china",
      "title": "Why doesn't Bitcoin Ban CHINA?",
      "body": "@@ -748,157 +748,85 @@\n tion\n-.  The per cap\n+, albe\n it\n+ \n a \n-income in India is $4000.  In China, it is only $900.  In India they have 4x the income, and therefore are a better fit for Bitcoin\n+lower GDP.  They still need a simple/fast system for fund transfer\n .%0A%0A3\n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"ban\",\"china\"],\"links\":[\"http://www.zerohedge.com/news/2017-06-15/peoples-bank-china-manipulating-bitcoin-price\",\"http://www.dw.com/en/5-things-to-understand-about-oil-rich-cash-poor-venezuela/a-38478166\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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{
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  "timestamp": "2017-09-15T18:48:27",
  "op": [
    "comment",
    {
      "parent_author": "rudystyle",
      "parent_permlink": "re-coinmonkeycom-why-doesn-t-bitcoin-ban-china-20170915t181433924z",
      "author": "coinmonkey.com",
      "permlink": "re-rudystyle-re-coinmonkeycom-why-doesn-t-bitcoin-ban-china-20170915t184820707z",
      "title": "",
      "body": "PCI is always skewed by the rich,  especially bad in China. \n\nI used China's average salary from here:  http://www.chinadaily.com.cn/china/2016-01/21/content_23183484.htm\n\nBut looks like you can make a lot more working at Apple, 12 hours x 6 days x $1.85/hour is $7k/year.  Long/Hard week.\n\nI have edited the parody.\n\nThanks!",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"links\":[\"http://www.chinadaily.com.cn/china/2016-01/21/content_23183484.htm\"],\"app\":\"steemit/0.1\"}"
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{
  "trx_id": "886d3d61509f5a9f372affa8f696ae44f99dbc31",
  "block": 15494909,
  "trx_in_block": 6,
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  "virtual_op": 0,
  "timestamp": "2017-09-15T18:14:54",
  "op": [
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      "parent_author": "coinmonkey.com",
      "parent_permlink": "why-doesn-t-bitcoin-ban-china",
      "author": "rudystyle",
      "permlink": "re-coinmonkeycom-why-doesn-t-bitcoin-ban-china-20170915t181433924z",
      "title": "",
      "body": "@@ -90,16 +90,25 @@\n ures. %0A%0A\n+%5BSource%5D(\n https://\n@@ -170,12 +170,13 @@\n )_per_capita\n+)\n",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"links\":[\"https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita\"],\"app\":\"steemit/0.1\"}"
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  "timestamp": "2017-09-15T18:14:33",
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      "parent_author": "coinmonkey.com",
      "parent_permlink": "why-doesn-t-bitcoin-ban-china",
      "author": "rudystyle",
      "permlink": "re-coinmonkeycom-why-doesn-t-bitcoin-ban-china-20170915t181433924z",
      "title": "",
      "body": "India's per capita is $1723  and China is above $8000.  Don;t know where you got your figures. \n\nhttps://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"links\":[\"https://en.wikipedia.org/wiki/List_of_countries_by_GDP_\"],\"app\":\"steemit/0.1\"}"
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{
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  "timestamp": "2017-09-15T18:07:12",
  "op": [
    "comment",
    {
      "parent_author": "coinmonkey.com",
      "parent_permlink": "re-everittdmickey-re-coinmonkeycom-why-doesn-t-bitcoin-ban-china-20170915t180345231z",
      "author": "everittdmickey",
      "permlink": "re-coinmonkeycom-re-everittdmickey-re-coinmonkeycom-why-doesn-t-bitcoin-ban-china-20170915t180711312z",
      "title": "",
      "body": "actually they're doing that very thing...making their own.",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
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  "trx_id": "325754d48af8116faf770eafc1306b6901c598cb",
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  "timestamp": "2017-09-15T18:03:51",
  "op": [
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      "parent_author": "everittdmickey",
      "parent_permlink": "re-coinmonkeycom-why-doesn-t-bitcoin-ban-china-20170915t180056880z",
      "author": "coinmonkey.com",
      "permlink": "re-everittdmickey-re-coinmonkeycom-why-doesn-t-bitcoin-ban-china-20170915t180345231z",
      "title": "",
      "body": "Of course.  This is a parody.  \n\nWouldn't things be better if the Chinese couldn't buy it.  Let them have their own cryptocurrency.",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}"
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  "virtual_op": 0,
  "timestamp": "2017-09-15T18:02:39",
  "op": [
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      "voter": "coinmonkey.com",
      "author": "everittdmickey",
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  "timestamp": "2017-09-15T18:00:57",
  "op": [
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      "parent_author": "coinmonkey.com",
      "parent_permlink": "why-doesn-t-bitcoin-ban-china",
      "author": "everittdmickey",
      "permlink": "re-coinmonkeycom-why-doesn-t-bitcoin-ban-china-20170915t180056880z",
      "title": "",
      "body": "bitcoin has no central controlling authority.",
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      "parent_permlink": "bitcoin",
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      "permlink": "why-doesn-t-bitcoin-ban-china",
      "title": "Why doesn't Bitcoin Ban CHINA?",
      "body": "Aren't we sick on China trying to manipulate Bitcoin by now.  Over the past 3 years, they have flip-flopped 3 times on the cryptocurrency.  You can bet, come next year, all the exchanges will be back online with new regulations and stronger than ever.   \n\nHere are 4 reason Bitcoin doesn't need China, and good reasons why the proof of work mining network should just ban China and any transaction that moves in or out of their IP range:\n\n1) Reduced volatility.  Rumors that the PBOC has been manipulating prices have been around for the last year.   Zero Hedge reported on it just a couple of months ago:  http://www.zerohedge.com/news/2017-06-15/peoples-bank-china-manipulating-bitcoin-price\n\n2) Focus on India.  India has an almost equal population.  The per capita income in India is $4000.  In China, it is only $900.  In India they have 4x the income, and therefore are a better fit for Bitcoin.\n\n3) The buying power of Coin Base is huge.   Coinbase.com announced that month they now have 10 Million Users.  If each user bought $100 worth of Bitcoin, that would be a $Billion in market cap.\n\n4) Cater to countries like Venezuela.  The currency, and system, in Venezuela is failing: http://www.dw.com/en/5-things-to-understand-about-oil-rich-cash-poor-venezuela/a-38478166  The 31 Million people there need a way to store value, and use that to buy goods  and services.  \n\nSo lets get together, and ban China from Bitcoin.",
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      "body": "Congratulations @coinmonkey.com! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png)](http://steemitboard.com/@coinmonkey.com) Award for the number of posts published\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "title": "Bitconnect trading bot asks for leave of absence.",
      "body": "![robot.png](https://steemitimages.com/DQmcxEvKtkq7Qn4EEeYSWUArYYJqw4qzGHymhbpZVfuwQZN/robot.png)\n\nAfter 9 months on the job, without a single minute of rest, the Bitconnect trading bot just informed its employer that it will be taking the next month off!\n\nIf you don't use Bitconnect, your surely have heard about it.  Bitconnect allows you to lend your BTCC to a trading bot, that has been earning about 1%/day, or an annual return of 365%.\n\nThe system works great if Bitcoin is going up, because you deposit BTC, get BTCC in return, and then lend the BTCC to the bot.  The bot doesn't really need to do anything except watch BTC go up.\n\nBut what if Bitcoin goes down?  We will find out shortly!\n\nFor comparison, take a look at whaleclub.co.  This platform allows you to go short or long on Bitcoin.  You can also leverage your position up to 20x your initial investment.    The problem is, if you are short the effects are accelerated and your return is reduced because your payback/payout is  in bitcoin.  Think of it this way.  Lets say you are short on Bitcoin.  You think it will drop to $500.  You bet 1 Bitcoin at $4000, and leverage it 5x.  So for every $1 Bitcoin drops, you don't get $5, you get .00025 BTC  x 5, or  .00125 Bitcoin.  Once bitcoin reaches $500, you have .00125 x $3500(the amount Bitcoin has dropped) or 4.375 Bitcoin.  \n\nGreat!  You now have 4.375 Bitcoin.  Bad!  It's only worth about $2200.  You actually lost $1800 even though you predicted correctly.\n\nSomething similar could happen with BTCC.  If Bitcoin goes into a trading range, or long term downtrend, Bitconnect will start losing money, and have trouble paying back the daily interest.",
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      "body": "@coinmonkey.com meet top scammer Mr @bago read the post i think he did the same with you  https://steemit.com/steemit/@openbull/top-scam-user-of-steemit-is-bago-with-proof",
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      "body": "Congratulations @coinmonkey.com! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@coinmonkey.com) Award for the number of upvotes received\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "body": "Good technical data, the problem is all of the major moves over the past 12 months are due to political and legislative problems.  China bans, China loves, China bans, lol.  SEC denies ETF.  Wanna cry ransom paid in BTC, omg!",
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      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "coinmonkey.com",
      "permlink": "how-fast-can-bitcoin-cash-fail",
      "title": "How fast can Bitcoin cash fail?",
      "body": "Last month, the Bitcoin hard fork created Bitcoin Cash.  Since then, the price has fluctuated wildly between  $100 and $900.\n\nWill Bitcoin cash fail?\n\nThe answer to these  3 questions will determine that:\n\n1 ) Will Bitcoin cash mining remain profitable?  \n\nThat is a loaded question, because the mining network works in such a way  that if the hash rate decreases, the mining difficulty decreases, and more has power will move from Bitcoin(BTC) to BitcoinCash(BCC).   You can follow the BCC hashrate here:\n\nhttps://bitinfocharts.com/comparison/bitcoin%20cash-hashrate.html\n\nBut, as soon as the hash rate goes back up, the difficulty decreases and miners move back to BTC.  Miners could easily get sick of switching back and forth, and commit to BTC.  In that case, BCC would go into a death spiral.\n\n2 ) How quickly will Coinbase customers sell their BCC in January?  \n\nLast month, Coinbase announced they would not support BCC at any level.  A customer based legal action had them quickly changing their minds:   \n\nhttps://cointelegraph.com/news/coinbase-consumers-threatened-to-sue-over-bitcoin-cash-was-it-realistic-to-begin-with\n\nCoinbase has 10 Million customers, a lot of Bitcoin, and an equal amount of BCC.  They alone could probably sink BCC.\n\n3 ) Will a second fork dilute BCC?\n\nBitcoin may fork again later this year:\n\nhttp://www.businessinsider.com/bitcoin-price-fork-might-happen-again-2017-8\n\nIf Bitcoin forks again in November,  you can expect both BTC and BCC to be diluted slightly.  Considering BCC, and the new Coin, slated to be called BTCx, will only have one use, for investment purposes,  don't expect them to compare to BTC.  In this case, BCC will feel the most pain.",
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