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      "body": "We’ve all dreamt about winning the lottery, millions instantly to your bank account, and what we would all do with the money. For those of you who have come to learn about the easy short-term fix to win the lottery I’m sorry to disappoint, there is none. There is a long term fix however that can really help: **Mathematics**. \n<p> <div class=\"pull-right\">\n<p><img src=\"https://steemitimages.com/0x0/https://s5.postimg.org/408ya2h1j/Screen_Shot_2018-01-16_at_22.39.35.jpg\n\" /></p>\n</div>\n </p>\n\nNow I feel like I have to say this as most people don’t understand it. The chances of someone winning the lottery are very close to 0. In fact, a lottery with two withdrawals in which you have all the numbers would make you lose 80% of your investment. Or say for example someone plays the lottery twice a week for 10 years. For lottery tickets that go from 1€ this person would have spent over 1000€ in lottery tickets with maybe no return. Now imagine this person would have used the money ten years ago to buy Amazon shares or even Bitcoin! \n\nBut I promised you a better chance to win the lottery using Mathematics, so here it is.\n\n**Here are the three main tricks one must do to increase their chances of winning the lottery**\n\nDon’t worry, in this article I won’t make you do any math. The interesting thing about solving probability problems is that although the question posed might be very simple, the problem might be quite difficult (i.e. What is the probability that there are two same consecutive numbers in a winning lottery ticket?) \n\nLet me show you a quick example. \n\n#### False positives example \n\nIn a routine medical checkup, a person is detected a disease that only 0.1% of the population endures. The analysis used fails 5% of the time (so it says a person has the disease when they really don’t). What is the probability then that the person tested actually carries the disease?\n\nYou’d probably think 95%, but you’d be wrong, the number is actually much lower. For every 1000 people tested, 50 would be wrongly identified as having the disease (the 5%) and 1 would actually have it. So, of the 51 people that could have it only one has, the probability is then 1/51, which is slightly under 2%.\n\nThis problem is a perfect reflection of how with a bit of mathematics you can take better decisions. The three tricks I’ll talk about all have a mathematical explanation. \n\n### 1. Use consecutive numbers\n\nSo then, what is the probability that there are two consecutive numbers in a winning lottery ticket? You’d probably say not very high, but it’s in fact 49,5%. That’s very high! \nSo how do I know this: \nI relied on excel. \n\n1.\tFor a lottery where your six digit numbers from 1 to 49. Place al the numbers in order in column A. \n2.\tIn column B, place random numbers. \n3.\tMake column B be in order and make column A follow. So if in Column A number 5 was tied to column B’s number 23, the pair should stay together. \n4.\tPick the first six numbers of your new column A. That will be our winning combination. Place them in Column C.\n5.\tNow in column place the 15 differences in absolute value that you can find between the winning numbers. \n<center> https://s5.postimg.org/wpvu6h0ef/Screen_Shot_2018-01-16_at_22.28.14.jpg </center>\n\n6.\tFinally, in column E place the lowest difference, if it’s a 1 this means that at least there was two consecutive numbers. Try the process several time and see the results, for a sample of 100 tries I did, 43 had consecutive numbers. \n\n\n### 2. Play winning combinations\n\nAlthough this trick may seem very simple, the truth is if you look back at all the historical data of whatever lottery you play, many winning numbers come up again. Statistically the chances of you winning with a number that has already done so in a previous year is very high. \n\nIn the Spanish national lottery for example, in the 2245 lottery’s that have taken place since 1985, the winning combinations have repeated themselves so much that the chances of it happening again are 16,5%! That is so much higher than the regular chances of a random number. \n\n### 3. The Delta Method\n\nThis is a method that was designed based on the frequency of certain numbers. Statistically speaking there are several numbers that have come up more than others, this method helps you pick your set of ‘random’ numbers for the lottery. This is how it works.\n\n1.\t**Choose a very low number**.  The number should be between 1 and 5. For instance, the number 1 is a good number to choose because often, more than 60% of the time, the number 1 is part of the winning delta numbers included in the series of any lottery. I chose 3\n\n2.\t**Pick two numbers between 1 and 8** There are a number of combinations that you could choose from. You could also choose two consecutive numbers like 5 and 6 or consecutive numbers like 7 and 7 to follow the first trick I thought you. I chose 1 and 5\n\n3.\t**Pick a number very close to 8** It can be above it like 9 or below like 7. I chose 7\n\n4.\t**Pick two numbers between 8 and 15** Choose two numbers a few numbers away from each other such as 12 and 15. Another option could be 11 and 7 or 10 and 13. I chose 9 and 12. \n\n5.\t**Add the numbers you have so far to make sure the sum is not higher than the highest number allowed!** Mine are 3 – 1 – 5 – 7 – 9 – 12 = 37. So if in my lottery the highest number allowed where 56 I’d be good to go.\n\n6.\t**Rearrange the numbers randomly** My new order is 5 – 3 – 9 – 12 – 1 – 7 This is not your final number\n\n7.\tTo create your final number: Your first number (using my numbers as an example) would be the first, so 5. The second would be the sum of the previous number plus the second one, so 8. The third would be the sum of the final second number plus the third number, so 8 plus 9. And so on. Here is a more visual example: \n<center>\n5 = 5\n5 + 3 = 8\n8 + 9 = 17\n17 + 12 = 29\n29 + 1 = 30\n30 + 7 = 37\n</center>\nMy final number is then 5 – 8 – 17 – 29 – 30 – 37 \n\nI hope these tricks are useful for you when you go buy your lottery tickets in the future. \n\n\n<h2><center>If you like this post please tell a friend or upvote and leave a comment, that would really help</center></h2>\n\n<center>follow me on Steem, twitter and Instagram to get post notifications </center>\n<h1><center> @inaki.morton</center></h1>",
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      "body": "it depends, I believe, again. If a coin, at that time, illustrates good worth, and value, especially over token it will have more power than it, right? well lets say the same can be true the other way as well, of course.\nI would also like to ask, is there a chance that the person on the other end will desire a specific currency, and it could be either one, depending on the value that person sees in it. Its a people based practice, after all, and people have different intentions and wants. so if person A wants a token purchase of product A, because he has a good utilization of tokens,  it  is fair to ask for.\nI think this is common in markets, compared to physical money, peoples participation in the markets shift, and so they shift the whole market.\nThat's why we're on steemit right now, right? but there may be something entirely new tomorrow",
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      "author": "inaki.morton",
      "body": "The purpose of this article is to make **YOU** in the **COMMENTS** debate whether you think there are more opportunities to using coins or tokens. Now before we do that most of you are probably not experts on what these two are or probably won’t know what are some advantages and disadvantages of each.  I understand that cryptocurrencies can be really hard to wrap our heads around specially since their underlying technology, the Blockchain, is not easy to explain if not by using technical terminology that is only simple for those who are familiar with computing language.  Nevertheless, I will try to make a nonbiased explanation of each term and will let you comment on what you think will have more applications in the future or that we will see this 2018.\n\n<p> <div class=\"pull-right\">\n\n<img src=\"https://s5.postimg.org/f7w3029zr/Screen_Shot_2018-01-26_at_17.23.49.jpg\">\n</div>\n </p>\n\n_Quick Reminder: What are cryptocurrencies?_\n\n_Cryptocurrencies are a form of digital coin that is encrypted using cryptography, in other words using encryption techniques to verify and secure the transfer of transactions. The most famous one as of now is Bitcoin. Other cryptocurrencies have existed before it however this was the first one to be decentralized and that used Blockchain Technology._\n\nLet’s get to it then. Firstly, it is it important to know that not all tokens and coins are cryptocurrencies. In fact, the definition of currency which is amongst the lines of a unit of account, a store of value and a medium of change is not valid for many assets we call cryptocurrencies but since we’ve already gotten used to it I guess there is no way back.\n\n### Coins or Altcoins (Alternative Cryptocurrency Coins)\n\nAlternative from what? Bitcoin mainly, the name comes because the majority of coins are a variant of Bitcoin (a fork) which means they still use Bitcoin’s open source and original protocol but they make small changes to the underlying code they believe will make their coin and sequentially their new blockchain better. \n\nThere are many altcoins that aren’t derived from Bitcoin’s open sourced protocol however. They have created their own protocol and Blockchain. Examples of these are Ethereum, Ripple, Waves and Omni. The important thing to understand about altcoins is that each has its own and unique blockchain. Even if the coin is derived from another there will be differences in the underlying code that will make it unique. Some are designed to be **faster**, others are designed to be more **secure**, the discussion goes very far as to what is the best way to set up a blockchain with the best features to host a digital currency. \n\n### Tokens\n\nTokens are the representation of an asset that resides on top of a blockchain. So for example, the Wave or Ethereum platforms both allow you to create your own tokens that will use their blockchains. The tokens will follow the protocols of the blockchain but will have different “rules” you will have set up that the users of your token will have to follow. Creating tokens is a much easier process than a completely new altcoin as you do not have to modify the codes from a particular protocol or create a blockchain from scratch. \n\nThe way tokens are officially created and distributed are through ICO’s (Initial Coin Offerings). It’s very similar to crowdfunding a project and a lot of people nowadays are taken these ICO’s as opportunities to identify new projects to invest in. \n\n\n<p> <div class=\"pull-right\">\n\n<img src=\"https://s5.postimg.org/72e11we13/Screen_Shot_2018-01-26_at_17.25.25.jpg\">\n</div>\n </p>\n\nSo as a summary the main difference between coins and tokens is that coins are separate currencies and have its own and unique blockchain and tokens operate on top of other blockchains and facilitates the creation of new projects. The example that involves the steemit.com community is @Steem as the **altcoin** and @SBD as the **token**. \n\n\n### Pros vs Cons\n\nWhat is difficult about making a pros vs cons list is the perspective you take. So for this list I imagine we are looking at staring a new project and we are trying to decide between creating a new coin or a new token. In the discussion in the comments you should consider the applications of both in creating new projects as after all this is the biggest application they have: incentivizing new projects for different sectors. \n\n### I would like for you to COMMENT on what do you think are the cons and pros of using an altcoin or a token.\n<p>\nTry to specify which type of project it would be for and think about how Altcoins are difficult to create and costly, scalability is difficult as a decentralized system makes it more complicated to reach an agreed consensus (many forks appear for this reason i.e. Bitcoin Cash)\n</p>\n\nTokens do not require Wallets from those wanting to exchange the coins and there are usually no fees. Altcoins however have need for third party coins (to make transactions with Fiat Money), with Tokens you need to change to a specific Altcoin usually before you change them into FIAT money. \n\n<h2><center>follow me on Steem, twitter and Instagram to get post notifications</center></h2>\n<center>**If you like this post please tell a friend or upvote and leave a comment, that would really help**</center>\n<h1><center> @inaki.morton</center></h1>",
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      "body": "Over the past few days the cryptocurrency market has experienced one of its major drops since it’s development. As many people are probably aware of it’s only been in the last few months that cryptocurrencies have become popular. Many people only investing in these assets because of major News agencies, like Bloomberg, promoting them and the fear of missing out, or as many people now call it, FOMO. Nevertheless, it’s quite clear that the majority of investors don’t understand the technology or functionality behind these assets.  \n\nAs for the major drop that was experienced last week many people are arguing that it was caused because of South Korea announcing its plan on banning cryptocurrencies and the fear that many countries would follow.\n\n<p> <div class=\"pull-right\">\n\n<img src=\"https://s5.postimg.org/e9rnxv7qf/Screen_Shot_2018-01-25_at_02.02.25.jpg \">\n</div>\n </p>\n\n\nThis statement however was incorrect. The ministry of justice, it was in fact the justice minister himself, Park Sang-ki, claimed on January 11th that all cryptocurrency exchanges would be shut down. The government later clarified that it was only an option being considered as some exchanges were acting illegally. Over the past few months, financial authorities and prosecutors all around the world have been pursuing cases on money laundering, tax evasion, fraud and other illegal activities all caused because of this new market and many have reached the point of proposing a ban on all initial coin offerings. \n\nIt is not rare to hear about fraudulent exchanges, just recently, the exchange platform Bitconnect was accused by many, including both the founders of Ether, Vitalik Buterin and Litecoin, Charlie Lee to be a Ponzi scheme. The platform has recently shut down claiming bad PR had substantially hurt the company however earlier in November the UK register of companies revealed the British companies house had sent an official warning to Bitconnect arguing individuals listed as stakeholders appeared with inconsistent addresses and birthdates and threatening to shut down the company. Cases like this one have triggered the government of Korea’s decision.  \n\n\n### What South Korea will actually do with the Cryptocurrency market\n\nThis past week Korea’s financial regulators have announced that there will be some regulations to the cryptocurrency market aimed at tackling speculative overheating an illegal activity. The financial services commission of South Korea announced measures to ban anonymous trading on domestic exchanges, foreigners and minors would be completely banned of currency accounts, these measures will go into effect on January 30. All foreigners will be banned from trading with cryptocurrencies in South Korea however all those with existing accounts would be able to withdraw funds even after the measures are applied but will be banned from further depositing fiat money. As for minors, Prime Minister Lee Nak-Yean said in a statement that cryptocurrencies and related assets could lead them towards crime. \n\nAlthough these measures will come into place the Korean government still does not recognize digital coins as financial products or currencies and still stresses that investors are trading at their own risk as the Government does not guarantee the value of cryptocurrency. \n\n### Why are these new measures so targeted towards foreigners? \n\nOne answer could be Chinese investors. In the past months, they have been flooding South Korea’s cryptocurrency market as their country had banned cryptocurrency trade. Digital coins from China enter Korean exchanges, then are illegally change into foreign currencies and are sent back into China.  \n\nChina banned cryptocurrency exchange in their own country this past November. However, they allow their citizens to trade it abroad. Many Chinese cryptocurrency exchange platforms have moved to Singapore, Hong Kong and of course South Korea. The biggest number of users however was redirected towards the latest and this sparked an unexpected volatility which the government has seen as dangerous for its financial infrastructure. \n\nAs to why countries might be interested in banning cryptocurrencies; A - As mentioned before they give ease to those willing to pursue illegal activities and B – the nature of cryptocurrencies is decentralized therefore it allows for a true independence of any state. In other words, it makes it impossible for any state to control cryptocurrencies. \n\nNevertheless, even if a country was interested in banning cryptocurrencies it’s a decentralized peer to peer system and this makes it costly and, more accurately, impossible to act upon. \n\n### So, South Korea is not banning crypto’s? Why did the market drop then?\n\nFor more than a week it was believed that South Korea was banning Cryptocurrencies or at least that big regulations that would highly affect the market would come, and so investors panicked. This only shows how investors belief in the market might be hanging by a thread. \n\nJust last year for example, the creator of Ether, Vitalik Buterin, was rumored to have died in a car accident. The cryptocurrency tied to the platform, Ethereum, experienced a fall of $4 Million only to discover in a few hours that it was fake news. 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