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  "op": [
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      "amount": "0.002 STEEM",
      "memo": "Appreciated @sgtcrypto. Sorry to intrude. I hope I'm not disturbing you with this message. My intention is to help promote the last post of my great friend @crypto.piotr about palnet.io and the HOPE project. I hope this reading is constructive for you. LINK: https://steemit.com/palnet/@crypto.piotr/project-hope-help-us-grow-by-making-a-simple-change"
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      "parent_permlink": "bitcoin",
      "author": "sgtcrypto",
      "permlink": "bitcoins-as-an-investment",
      "title": "Bitcoins As An Investment",
      "body": "Bitcoins As An Investment\n\n\nEvery day, more and more talk about Bitcoins is occurring, not only as a digital currency, but also as a financial investment. Many people are intrigued by this digital currency, but they also have reservations about it as well.  For now we will discuss how to evaluate bitcoins as an investment.\nThere are Bitcoin & cryptocurrency exchanges, just as there are stock market exchanges. As October 2018, there are over 200 such exchanges and the largest Bitcoin exchanges by volume available to everyone includes, Binance (based in Malta), Coinbase and Gemini (based in the United States).  \nIn order to open an account with the exchanges in the United States, you usually have to link a bank account to your Bitcoin exchange account, as you need to wire transfer the money for bitcoins to use in your account.  Credit cards and PayPal are not options (at least not at the time of writing) because the transactions can be reversed very easily, whereas a wire transfer cannot be reversed. Truly it’s because, credit cards and PayPal fear the competition from digital currencies like Bitcoin. \nUsually, only bank accounts from that specific exchange’s home-based country can be linked to the exchange account (for example, CoinBase, based in the U.S., only allows U.S. bank accounts).\nLike the financial stock markets, bitcoins fluctuate in value against real currencies such as the U.S. Dollar, the Euro, the Japanese Yen, and others.  One important distinction between Bitcoins and fiat currencies to this point in Bitcoin’s history is the fact that Bitcoin’s valuation has been much more volatile than fiat currencies.  \nIn 2017, Bitcoin’s valuation went from $1000 up to about $19,300 within one year, a 19X rise in the price of the of Bitcoin, and as of this writing, Bitcoin’s price is $6450. That is virtually unheard of within the traditional equities market, let alone any “strong” fiat currency.  \nThe reason that this sharp rise in valuation took place was because the CFTC (The U.S. Commodities Futures Trading Commission) and the CBOE (The Chicago Board of Options Exchange) announced Mid 2017 that they were going to open Bitcoin futures contract later that year. As a result, the price of Bitcoin skyrocketed to all time new highs. It was a lot of FOMO (Fear of Missing Out) and speculating from everyday “investors.” \nThis event reflects the major concern that most financial experts have about the currency.  Many feel it is too volatile as an investment, leading to sharp price spikes and declines that are virtually not seen in other currencies, the equities market, or mutual funds.  Most financial experts feel that the digital currency must stabilize in value and not be so prone to such rapid peaks and valleys for it to be taken more seriously as a solid investment.  \nThe problem that many financial experts and institutions have with Bitcoin is that not enough is known about how the currency is mined and how it is “regulated”, so that the currency stays on track of having 21 million bitcoins in the year 2140.  \nWhile safeguards are in place to keep the currency on that path, there have been attempts to try to disrupt the network and give a few select bitcoin miners the ability to mine as many coins as they wish.  There has also been concern that a group of miners could combine together, and work toward their mutual benefit, and to the detriment of everyone else on the network. This would occur by harnessing their mining power to get more coins for themselves and leave little to the rest of the network. This is known as a 51% attack and wouldn’t be beneficial to those bad actors, both practically and financially. You see Bitcoin has the most secure blockchain and network of any blockchain out there. No nation, company, organization or entity can take down Bitcoin, many have tried and have failed. It’s just too expensive and impractical to even try (that’s for another eBook).     \nIt will take more time and a longer track record for Bitcoin to establish the trust of the financial community to where Bitcoin can be seen as a solid investment for most investors. Or you can set a path of your own and start investing in Bitcoin today. DO NOT wait on Wall Street to tell you when you can start buying and HODL’n (Hold on for Dear Life) Bitcoin.",
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  "op": [
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      "amount": "0.003 STEEM",
      "memo": "Dear @sgtcrypto, I hope you don't mind this little memo. Just yesterday I published new post on Steemit asking all readers to share their opinion on particular topic: \"AIRDROPS - do you LOVE OR HATE them? or simply don't care?\". I would be glad if you would share your view on that issue. I read and upvote all interesting comments. Yours, Piotr // LINK: https://steemit.com/blockchain/@crypto.piotr/airdrops-do-you-love-or-hate-them-or-simply-don-t-care"
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      "amount": "0.002 STEEM",
      "memo": "Dear @sgtcrypto, I hope you don't mind my little memo. Did you ever think about IMPACT OF \"ALIENS\" on our religions? I would like to share with you link to very interesting discussion \"How will the overwhelming discovery of extraterrestrial life affect our lives and beliefs?\" by @jadams2k18. Perhaps you will find it interesting (I read and upvote all interesting comments). Yours, Piotr // LINK: https://steemit.com/life/@jadams2k18/how-will-the-overwhelming-discovery-of-extraterrestrial-life-affect-our-lives-and-beliefs"
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      "to": "sgtcrypto",
      "amount": "0.002 STEEM",
      "memo": "Hello appreciated @sgtcrypto. Do you know what IEO's are? In my last publication called \"IEO's The New ICO's\" you can get the answer. I would like to share it with you and know your valuable opinion about it. If you do not want to receive these types of notifications please tell me. LINK: https://steemit.com/crypto/@juanmolina/ieo-s-the-new-ico-s"
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      "to": "sgtcrypto",
      "amount": "0.002 STEEM",
      "memo": "Dear @sgtcrypto, My good friend from Venezuela published recently very interesting post describing \"Behavior and evolution of cryptocurrencies ten years after its creation\". I found this post very valuable and wanted to share with you (my own attempt to promote quality content). I read and upvote all interesting comments. Yours, Piotr // LINK: https://steemit.com/blockchain/@fucho80/behavior-and-evolution-of-cryptocurrencies-ten-years-after-its-creation-what-to-expect-from-them-in-the-future"
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  "op": [
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    {
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      "to": "sgtcrypto",
      "amount": "0.002 STEEM",
      "memo": "Dear [@username], Today I've tried to check my \"wallet\" only to realize that I need to sign in again in order to have an access to it. It seem that Steemit Inc made another awful change that WILL ONLY COMPLICATE this platform even more. Check out my latest comment and share your view with me. Yours, Piotr // LINK:   https://steemit.com/steem/@crypto.piotr/re-steemitblog-social-condenser-is-live-20190403t083122138z"
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    {
      "from": "crypto.piotr",
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      "amount": "0.002 STEEM",
      "memo": "Dear @sgtcrypto, My friend @julianhorack published very interesting post about CENSORSHIP on social media and on blockchain. He does believe that blockchain is our solution and I seem to disagree with his concept. Perhaps you would like to share your own opinion on this particular topic? I would APPRECIATE very much and I will read, upvote and reply to every single comment. Yours, Piotr // LINK: https://steemit.com/informationwar/@crypto.piotr/re-julianhorack-blockchain-as-the-liberator-of-the-masses-from-the-claws-of-the-nwo-20190330t110024985z"
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  "op": [
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      "from": "crypto.piotr",
      "to": "sgtcrypto",
      "amount": "0.002 STEEM",
      "memo": "Hi again @sgtcrypto. I hope you don't mind one more memo from me. If you do then please let me know and I will not bother you again. EACH WEEKEND I'm trying to promote 1-2 publications which I consider VALUABLE and related to BLOCKCHAIN technology. Good friend of mine @guysellars posted interesting article about KYC and AML. I would love to know what is your opinon on this particular subject. Yours, Piotr // LINK: https://steemit.com/bitcoin/@crypto.piotr/re-guysellars-kyc-and-aml-are-good-yum-20190324t092617518z"
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      "amount": "0.002 STEEM",
      "memo": "Dear @sgtcrypto. Have you ever been wondering about purchasing your own NANO Ledger? I did several times. Friend of mine described his own valuable experience with this company and I would like to share link to his publication with you. Perhaps you will find it useful or even you could share your own experience with NANO Ledgers? I will gladly read all comments. Yours, Piotr // LINK: https://steemit.com/business/@crypto.piotr/re-roleerob-celebrating-good-business-latest-from-ledger-20190324t090152829z"
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      "permlink": "re-sgtcrypto-what-are-digital-currencies-and-how-do-they-work-20190323t043306126z",
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      "amount": "0.001 STEEM",
      "memo": "Promote your post. Your post will be min. 10  resteemed with over 13000  followers and min. 25  Upvote Different account. Your post will be more popular and you will find new friends. Send 0.5 SBD or STEEM to @allaz (post URL as memo ) Service Active."
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      "parent_permlink": "bitcoin",
      "author": "sgtcrypto",
      "permlink": "what-are-digital-currencies-and-how-do-they-work",
      "title": "What Are Digital Currencies And How Do They Work?",
      "body": "What Are Digital Currencies And How Do They Work?\n\n\nDigital currencies are electronic money that aren’t denominated by any national currency, nor are produced by any government-endorsed central banks.  These currencies are known as “alternative currencies,” and thus are sometimes called “altcoins.”  \nMany digital currencies are cryptocurrencies, a type of digital currency that relies on cryptography, as well as a proof-of-work scheme.  Essentially, it involves a mathematical process to create the currency at a reasonable rate so that the currency doesn’t become too numerous, and thus, lose its value.  Bitcoin was the first cryptocurrency, while many others have followed.\nThe second-most valuable “altcoin” is known as of writing this is, Ethereum.  It shares many similar features to Bitcoin, however it is used as a platform for launching or building other altcoins, decentralized applications, and smart contracts. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized blockchain network.\nThe third-most valuable altcoin again as this writing is, XRP and was developed by Ripple labs. Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. Ripple is built upon a distributed open source internet protocol, and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes. Released in 2012, Ripple purports to enable \"secure, instantly and nearly free global financial transactions of any size with no chargebacks.\"\nRipple is based around a shared public ledger, the XRP Ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process. The network can operate without the Ripple company; among its validators are companies, internet service providers, and the Massachusetts Institute of Technology. The ledger employs the decentralized native cryptocurrency known as XRP, which as of October 2018 was the third largest coin by market capitalization. To find out more about the cryptocurrency market capitalization, you can visit the following websites, coinmarketcap.com and coincheckup.com. \n\nDigital currencies work by mining those currencies on one’s computer via a “mining” software that brings about the currency. This is recorded in the respective network to show such new units of the currency exist. These coins can go into a person’s digital wallet, then be used to complete transactions. The types of transactions include physical items such as books and video games to digital items such as domain name registration and digital salaries for work performed.\nAs you can see, there are more digital currencies out there than just Bitcoin, and it seems to be that there will probably be more in the future, both based on current digital currencies and even brand new ones.  \nAs the world continues to become more “digitized” in terms of the Internet and e-commerce, digital currencies will continue to gain more prominence and use. While replacing physical currencies is probably unlikely, especially in the near future, having more sites accepting digital currencies and merchants accept and conduct transactions using digital currencies is the new normal.",
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      "title": "What are Bitcoins?",
      "body": "What Are Bitcoins?\n\n\n\nBitcoins are a type of digital currency that can be created via a free software application and transferred across the Internet without the use of financial institutions or clearinghouses. It can be sent from user to user on a peer to peer network. This means that there is no physical form of this currency; it is not like a U.S. Dollar or a Euro, or even like a piece of gold or silver. You cannot touch bitcoins and be in physical possession of them like you can those aforementioned physical currencies. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. To date the Bitcoin Blockchain is the most secure blockchain.\nThe best way for you to understand digital currency is by thinking of it as a code. The strength of the code makes the currency stronger. Cryptography ensures that the code cannot be accessed without proper authorization. This code has never been broken, though many people have tried!\nHow can Bitcoins be used then? A computer, Smartphone, tablet, or any device with Internet access can easily transfer Bitcoins from one person to another, even in transactions between a user and a business website.  The number of bitcoins you have are stored in your “digital wallet,” which is similar to screens you see when you use online banking forms to authorize transactions. \nWhen a Bitcoin transaction occurs, the bitcoin miners communicate over a Web-based network and add the transaction to transaction logs that record all Bitcoin transactions.  \nPeer-to-peer file-sharing technology allows all transactions to be processed and documented.  An electronic signature is added, allowing the transaction to be stored on the Bitcoin network.  This transaction is free for all to see, though you can use multiple bitcoin accounts and not transfer large amounts of bitcoins to each account in order to help camouflage your activities. This hides your accounts from other Bitcoin users, so they do not know which accounts are yours. \nBitcoin is unlike other currencies because it is decentralized; no one agency (world or national) controls the regulation of it.  You may think because Bitcoins are a digital currency that there would be an unlimited supply of them, much like the space on a digital or virtual server.  \nHowever, thanks to a schedule planned by Bitcoin itself, there will be 21 million bitcoins in the year 2140.  This number will be reached by each update being reduced by half every four years until 2140.  At that time, there will be no more Bitcoins mined.  \nTo further ensure that the exact number of 21 million Bitcoins will be in circulation in 2140, each Bitcoin is broken down into eight decimal places, leading to 100 million smaller units being created, known as “satoshis.”  The name is based on the founder of Bitcoin, a software developer named Satoshi Nakamoto. Many people think that this name is a mask and helps to hide the true creator of the software. \nWhen “mining” is mentioned, this means that the free application that creates the Bitcoins is automatically adjusted to ensure that the bitcoins are mined at a predictable and limited rate. There is a certain amount of processing work done by the bitcoin miner, allowing the network to control the exact number of bitcoins being circulated at any one time.  \nBitcoins are being accepted at more and more retailers and other online sites throughout the world, changing the way people do business online.  For instance, domain registrar Namecheap was one of the first major domain name registrar to allow the use of bitcoins as payment for domain name registration, Web hosting, SSL certificates, and WhoisGuard on Namecheap.  Coinality.com, a site that launched in September 2013, profiles jobs that pay in digital currencies, including Bitcoins. Bloomberg TV said that Coinality.com is the “Monster.com for jobs that pay in Bitcoin.” There’s also coinmap.org, which allows you to search your local area for stores that accept Bitcoin as a form of payment.\nAs you can see, Bitcoin is gaining more influence in our world today.  The creators of Bitcoin believe that as bitcoins become more prominent and more mainstream, a true global economy will start to emerge.\nUnlike with physical currencies, Bitcoins and other digital currencies will not be hampered by the limitations and red tape of currencies, exchanges, and regulations. As mentioned above, the creators of Bitcoin planned on bitcoins becoming a part of our future, as bitcoins are to continue flowing into the world until 2140.  \nAs a result, it’s likely that more and more companies and organizations will start taking Bitcoins and other digital currencies as payment and using them as payment, thus increasing the presence and influence of digital currencies in our physical world as we continue into the 21st century.",
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      "body": "Congratulations @sgtcrypto! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@sgtcrypto/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_[Click here to view your Board](https://steemitboard.com/@sgtcrypto)_</sub>\n\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[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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