{
  "trx_id": "0247209f64199ccbad6216d987220ed65cf06938",
  "block": 106150952,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T06:32:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "7120.220197 VESTS"
    }
  ]
}

{
  "trx_id": "48aeed3b97d7272731969388885fcde66c8a746e",
  "block": 106006334,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-13T05:25:12",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "4408.009792 VESTS"
    }
  ]
}

{
  "trx_id": "720a690cbea8f795a45148a4d40bc622841ca377",
  "block": 105518430,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-04-26T05:43:27",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "7132.735953 VESTS"
    }
  ]
}

{
  "trx_id": "0b7e34405644b4573bac7941626e37c78573b46f",
  "block": 102872093,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-01-24T00:44:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "4449.556611 VESTS"
    }
  ]
}

{
  "trx_id": "b46d4cb88a903c0bf491073f1b5412da64b531a8",
  "block": 91318305,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2024-12-17T19:53:54",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "4613.775808 VESTS"
    }
  ]
}

{
  "trx_id": "4c0a9fe8b4a74a043b6b652f121f82578859510e",
  "block": 79872447,
  "trx_in_block": 7,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-11-14T11:34:51",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "4782.909340 VESTS"
    }
  ]
}

{
  "trx_id": "35daa02b37499477b3a487867b2bc62431c9d686",
  "block": 78363235,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-09-22T10:42:00",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "7719.818126 VESTS"
    }
  ]
}

{
  "trx_id": "933746bc2823c23e5d8336d072e6e646eff4be44",
  "block": 69120915,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-11-03T18:06:42",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "7941.869564 VESTS"
    }
  ]
}

{
  "trx_id": "7ff0e16b40f454892f1be48d6bc58a0a7f68e854",
  "block": 60824138,
  "trx_in_block": 16,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-01-17T23:17:15",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "8161.977165 VESTS"
    }
  ]
}

{
  "trx_id": "0ce5b91c198092dabf7d19fcfcb35dab9912065d",
  "block": 54614444,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-06-14T06:27:18",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "8346.171453 VESTS"
    }
  ]
}

{
  "trx_id": "60ee72cc9702e1a2ecff8f375989040ff7836c6d",
  "block": 49361698,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-11T16:39:12",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "8533.593427 VESTS"
    }
  ]
}

{
  "trx_id": "e9679575798cfe10022340279da90debebe4c681",
  "block": 49213213,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-06T10:14:45",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "1912.543513 VESTS"
    }
  ]
}

{
  "trx_id": "b7cefe7ba8a24fdac0093a3dc5becc015d01cbfb",
  "block": 49196781,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-05T20:17:00",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "8539.801281 VESTS"
    }
  ]
}

{
  "trx_id": "f62f5652cc6933910157e7eedc2d1ac9a411e9c6",
  "block": 48271293,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-03T03:05:54",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "1920.017158 VESTS"
    }
  ]
}

{
  "trx_id": "c90de7d5ce692c4b40a470688379b0afb03e4200",
  "block": 43223549,
  "trx_in_block": 23,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-09T11:18:03",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "8742.606640 VESTS"
    }
  ]
}

{
  "trx_id": "8f716e4e683f6cdb5d3d7283bed4222f3b32f79b",
  "block": 43200625,
  "trx_in_block": 21,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-08T15:44:06",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "1953.311140 VESTS"
    }
  ]
}

{
  "trx_id": "0dc55109ea56025b8f6c0dd011e41793f1a10186",
  "block": 40190502,
  "trx_in_block": 15,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-01-23T21:32:15",
  "op": [
    "comment",
    {
      "parent_author": "silv3rio",
      "parent_permlink": "john-bogle-says-avoid-bitcoin-like-the-plague",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-silv3rio-20200123t213214000z",
      "title": "",
      "body": "Congratulations @silv3rio! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@silv3rio/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/@silv3rio) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=silv3rio)_</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!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
    }
  ]
}

{
  "trx_id": "7938234cd8b73293e72ef50852eb751c56a6ba2d",
  "block": 34763701,
  "trx_in_block": 15,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-07-18T07:19:06",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "8912.327623 VESTS"
    }
  ]
}

{
  "trx_id": "424a9af0de12bdbf38172305f3d600dcc207cac3",
  "block": 29717999,
  "trx_in_block": 3,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-01-23T21:32:21",
  "op": [
    "comment",
    {
      "parent_author": "silv3rio",
      "parent_permlink": "john-bogle-says-avoid-bitcoin-like-the-plague",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-silv3rio-20190123t213220000z",
      "title": "",
      "body": "Congratulations @silv3rio! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@silv3rio/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/@silv3rio)_</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**!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
    }
  ]
}

{
  "trx_id": "1bf125090b645b9881a80fd5ef31b2f8033e748e",
  "block": 28188727,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-12-01T18:11:57",
  "op": [
    "comment",
    {
      "parent_author": "silv3rio",
      "parent_permlink": "re-profitgenerator-dash-vs-monero-20180430t100209217z",
      "author": "featzure",
      "permlink": "re-silv3rio-re-profitgenerator-dash-vs-monero-20181201t181156690z",
      "title": "",
      "body": "I'd say PIVX ist the best privacy coin out there; but yeah you wanted authors opinion",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "9b0bf53451de868d7191516c924f543b9a383afe",
  "block": 28188715,
  "trx_in_block": 23,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-12-01T18:11:21",
  "op": [
    "vote",
    {
      "voter": "featzure",
      "author": "silv3rio",
      "permlink": "re-profitgenerator-dash-vs-monero-20180430t100209217z",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "46eeb12a1cfdce270dea5c374e604b51f2e3d358",
  "block": 24626544,
  "trx_in_block": 39,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-07-30T10:52:36",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "9111.090675 VESTS"
    }
  ]
}

{
  "trx_id": "a425c08e22ca4391e1680ae70a0dcefe6db8767d",
  "block": 22548170,
  "trx_in_block": 21,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-05-18T20:53:57",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "silv3rio",
      "vesting_shares": "29496.080316 VESTS"
    }
  ]
}

{
  "trx_id": "6dc8a44b4fd9b4e34d91730f2fdf37b0189685ea",
  "block": 22016840,
  "trx_in_block": 45,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-30T10:02:09",
  "op": [
    "comment",
    {
      "parent_author": "profitgenerator",
      "parent_permlink": "dash-vs-monero",
      "author": "silv3rio",
      "permlink": "re-profitgenerator-dash-vs-monero-20180430t100209217z",
      "title": "",
      "body": "Good article! seems well researched. Can i have your opinion on PIVX? On the stakable private coins, wich one do you think is best at the moment?",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}"
    }
  ]
}

{
  "trx_id": "8c225a98046d47e81e8ef0c86efba650546e1c9f",
  "block": 22016637,
  "trx_in_block": 38,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-30T09:52:00",
  "op": [
    "vote",
    {
      "voter": "silv3rio",
      "author": "profitgenerator",
      "permlink": "dash-vs-monero",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "03cad6c9313f01eb2e91b4f8694c8f0780bf56d6",
  "block": 21305875,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-05T16:56:15",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "silv3rio",
      "permlink": "john-bogle-says-avoid-bitcoin-like-the-plague",
      "title": "John Bogle says \"avoid Bitcoin like the plague\"",
      "body": "@@ -777,16 +777,63 @@\n Wrong. %E2%80%9C\n+%3Ca href=%22https://bligz.org/what-is-investing/%22%3E\n Investin\n@@ -833,16 +833,20 @@\n nvesting\n+%3C/a%3E\n %E2%80%9D in Bit\n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"bogle\",\"investing\"],\"image\":[\"https://steemitimages.com/DQmdCm3453HE5SVETfzzZLpFgjxRyy882vp1BZhhGzfqDBz/Bitcoin-3_img_sdy77h7usjidf.png\"],\"links\":[\"https://bligz.org/bitcoin-explained/\",\"https://bligz.org/what-is-investing/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "2143665f2824fbaed94dae7484ab758f450957cb",
  "block": 21305851,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-05T16:55:03",
  "op": [
    "comment",
    {
      "parent_author": "silv3rio",
      "parent_permlink": "john-bogle-says-avoid-bitcoin-like-the-plague",
      "author": "cheetah",
      "permlink": "cheetah-re-silv3riojohn-bogle-says-avoid-bitcoin-like-the-plague",
      "title": "",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://medium.com/@dariusforoux/jack-bogle-avoid-bitcoin-like-the-plague-3ce0cc07ae98",
      "json_metadata": ""
    }
  ]
}

{
  "trx_id": "46e591a069ad04acdc775d91a5384e41eb7ddc27",
  "block": 21305832,
  "trx_in_block": 54,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-05T16:54:06",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "silv3rio",
      "permlink": "john-bogle-says-avoid-bitcoin-like-the-plague",
      "title": "John Bogle says \"avoid Bitcoin like the plague\"",
      "body": "You can’t escape them. The people who promise you riches with <a href=\"https://bligz.org/bitcoin-explained/\">Bitcoin</a>.\n\n“Buy Bitcoin with your credit card!”\n“5 ways to make money with Bitcoin!”\nAnd the best thing? It’s so easy that everyone can do it. But is that really the case?\n\nI must be honest, when you hear all the stories of people who made so much money in a short while, you get curious. And if you take a look at the price of Bitcoin, you see that exploded it 2017. If you had bought the currency just before the boom, you would end up with more than 2,000% return within a year.\n\n![Bitcoin-3_img_sdy77h7usjidf.png](https://steemitimages.com/DQmdCm3453HE5SVETfzzZLpFgjxRyy882vp1BZhhGzfqDBz/Bitcoin-3_img_sdy77h7usjidf.png)\n\nIt’s an attractive investment, right? Wrong. “Investing” in Bitcoin is not investing at all. It’s speculation. According to Benjamin Graham, the difference between investing and speculating is straightforward. It has everything to do with risk as Graham writes:\n\n“For investment, the future is essentially something to be guarded against rather than to be profited from…. Speculation, on the other hand, may always properly — and often soundly — derive its basis and its justification from prospective developments that differ from past performance.” (emphasis mine)\nAn investment is always supported by value. Stocks are supported by earnings or dividend. Bonds have coupon rates.\n\nSpeculation is different. Like Graham writes, that’s when you buy something with the sole purpose of selling it at a higher rate in the future. And that’s how Jack Bogle, who’s called a “hero” to the average investor by Warren Buffett, recently described Bitcoin:\n\n“There is nothing that supports the Bitcoin except the hope that you can sell it to somebody for more than you paid for it.”\nIn the same interview, he also says you should avoid Bitcoin like the plague. He has a good point. Hope is generally not a good strategy. And there’s nothing that supports Bitcoin but ideals—nothing tangible.\n\nThe funny thing is that Bitcoin supporters say, “We’re not speculating!” They are. They are just backing up their beliefs. It’s a common cognitive bias.\n\nBut here’s the thing: There’s nothing wrong with speculation. You can do anything you want with your hard earned money. Just don’t expect to get rich with Bitcoin. Graham says that “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”\n\nOne thing we, normal folks, must realize is that it’s not that easy to make a quick buck. Yes, the stories of the Bitcoin millionaires are real. And it’s well deserved. But you and I also both know that when something sounds too good to be true—it is.\n\nI’ve always been interested in investing in the stock market. When I started more than a decade ago, I just did what I thought was right. That means I watched financial news on TV, read articles on some popular websites, talked to friends, and made investment decisions based on that.\n\nNaturally, I lost money. So for the past few years, I’ve been reading a lot about how to do it “right.” I must say that there is no absolute right or wrong way to invest. But when I talk about the right way of investing, I talk about NOT losing money—and having a long-term perspective.\n\nOne thing I learned the hard way is that it’s difficult to make a lot of money in a short period. But at the same time, it’s also not that difficult to build serious wealth over a longer period.\n\nMy father started his first business at age 50, and 90% of his current wealth was generated in the last seven years. And he literally started from zero.\n\nThe same idea is true for every other wealthy person that I personally know—no one became rich in a day. And for most, their wealth (and wisdom) has been in the family for a long time.\n\nI think Graham perfectly summarized the core of investing in the last sentence of The Intelligent Investor:\n\n“To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks.”\nDon’t underestimate how difficult it is to make money in the short-term. And also don’t overestimate the possibility of becoming wealthy over a long time.\n\nWhen you follow the path that intelligent investors like Graham, Buffett, and Bogle, have laid out, you will become wealthy.\n\nBut that takes time. And that should not be a surprise to any of us.",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"bogle\",\"investing\"],\"image\":[\"https://steemitimages.com/DQmdCm3453HE5SVETfzzZLpFgjxRyy882vp1BZhhGzfqDBz/Bitcoin-3_img_sdy77h7usjidf.png\"],\"links\":[\"https://bligz.org/bitcoin-explained/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "2e0adc92340b830bc13334fb4ca2483b243a3d92",
  "block": 21305731,
  "trx_in_block": 31,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-05T16:49:03",
  "op": [
    "comment",
    {
      "parent_author": "silv3rio",
      "parent_permlink": "5-signs-an-ico-is-a-scam",
      "author": "cheetah",
      "permlink": "cheetah-re-silv3rio5-signs-an-ico-is-a-scam",
      "title": "",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.entrepreneur.com/article/306563",
      "json_metadata": ""
    }
  ]
}

{
  "trx_id": "b5d770fb962c07459970269aa1d7050795c4b205",
  "block": 21305714,
  "trx_in_block": 18,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-05T16:48:12",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "ico",
      "author": "silv3rio",
      "permlink": "5-signs-an-ico-is-a-scam",
      "title": "5 Signs an ICO Is a Scam",
      "body": "![1394472189-sexcoin-dogecoin-hobonickel-ripple-bitcoin-wannabes.jpg](https://steemitimages.com/DQmW9Ha1vnUZAS8Mk7n5L4zHYT1FpooaMucj8j7c5isiMaj/1394472189-sexcoin-dogecoin-hobonickel-ripple-bitcoin-wannabes.jpg)\n\nIf you have been paying attention to the fintech space over the past few months, then you have likely heard the term “ICO” thrown around time and again. To date, blockchain startups have raised over $3.5 billion via this emerging fundraising channel. But what are they? And why should we care about them?\n\nAt a high level, an Initial Coin Offering (<a href=\"https://bligz.org/ico-initial-coin-offering/\">\"ICO\"</a>) is a “fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for early capital.” Often compared to the more mainstream Initial Public Offering (IPO), ICOs democratize the fundraising process, serving as a crowdfunding instrument that can be levered at scale. While a relatively new phenomenon, these token sales are quickly gaining momentum, empowering a global pool of investors to fund the next generation of companies.\n\nThe biggest problem with ICOs, as they gain public attention, is that they are unregulated. There are few barriers to entry for anyone wishing to create a white paper, design a simple landing page and start collecting funds via a digital wallet. There are a number of fraudulent \"entrepreneurs\" who are abusing the system. As a result, it can be extremely challenging, as an investor, to pick the needles out of the looming haystack.\n\n\nThere is, however, tons of opportunity for ICOs to fund ambitious projects that will foundationally change our evolving economy. Here are five signals to look for before you invest in any ICO.\n\n\n\n<h2>1. Analyze the team and their background.</h2>\nCompanies that are serious about doing a token offering will have no concerns about publicizing their true identities. It is often an extremely worrying indication if a project does not show detailed information about their founding team, investors and advisors. Chances are, if the company is hiding something from you, they are more than likely covering up something bad.\n\nOn the contrary, projects like UbiquiCoin, a \"two-coin\" price-stable blockchain ecosystem is transparent with the details of their founding story and team. They can demonstrate years of expertise in and around their domain. In the case of UbiquiCoin, this experiences translates to over 100 years of collective experience. This not only establishes legitimacy, but also serves as a differentiating factor and competitive advantage long term.\n\n\n\n<h2>2. Find an active and thriving community.</h2>\nAnother essential component of any genuine blockchain project is the quality of the community. In a competitive crowdfunding environment, companies need to not only understand their customers, but also cultivate a strong and active presence among them.\n\nThe most successful coin offerings host extremely active forums, events and blogs such that the community has a voice in the decision making of the company. You can also leverage these communication channels to ask questions, connect with other interested investors and learn more technical details about the project. It is generally a bad sign for blockchain projects when their community is quiet and vacant.\n\n\n\n<h2>3. Look for social proof and validation.</h2>\nThough not everything, it is generally helpful to see when companies have some sort of social proof of user validation. Companies like Cointal, a leading peer-to-peer cryptocurrency marketplace, who have thousands of active users, will publish reviews and press pieces that demonstrate the quality of their product. Their unity service, which enables users to swap currencies instantaneously using everything from credits cards to ACH transfers, has already received a ton of attention from the space.\n\nIn the last two months, over $15 million in trading volume has been processed by Cointal, providing more social proof. This is a positive signal that the team has been able to gain support from the broader blockchain community.\n\n\n\n\n<h2>4. Find a product roadmap and technical details.</h2>\nWhile any creative designer can come up with some ideas and develop a fancy landing page, it takes a true technologist to actually scope out a technical roadmap for a product. Most, if not all projects will have a publically accessible whitepaper that details exactly how and when they will build the product.\n\nIn reading this implementation plan, you should be able to pick out when projects make unrealistic claims about the feasibility of their roadmap. Further, if the plan lacks any technical grounding or specific feature-sets, chances are the team is way too early stage in the process to be collecting any form of significant funding in the first place. Another area to benchmark against and check for progress is the codebase of the blockchain project. At the minimum, you want to see that the team has begun to set up repositories to store their code. And if empty, it may be an extremely worrying sign.\n\n\n\n<h2>5. Do your own independent research.  </h2>\nAs an informed investor, it is your responsibility to conduct thorough, independent research before making any investment of capital. In today’s society, where everyone and their family members are pretending to be certified experts, it can be extremely difficult to understand who to trust.\n\nThe short answer is that you should always make decisions on your own, filtering out the noise of marketers and salespeople who want you to support their personal interests. Pay attention to implicit biases from writers and creators who have their own hidden agendas. It is very easy to fall for a scam when you do not know what you are looking for, so always approach any offering with a keen eye.",
      "json_metadata": "{\"tags\":[\"ico\",\"cryptocurrencies\",\"investing\"],\"image\":[\"https://steemitimages.com/DQmW9Ha1vnUZAS8Mk7n5L4zHYT1FpooaMucj8j7c5isiMaj/1394472189-sexcoin-dogecoin-hobonickel-ripple-bitcoin-wannabes.jpg\"],\"links\":[\"https://bligz.org/ico-initial-coin-offering/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "073e3bf706ab776f46b85280a5a269a85cd6868e",
  "block": 21299808,
  "trx_in_block": 29,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-05T11:52:54",
  "op": [
    "vote",
    {
      "voter": "sensation",
      "author": "silv3rio",
      "permlink": "lunyr-token-what-is-and-why-i-m-buying-it",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "3927eb90da64a54c27b04cc553e468bdd4f394a2",
  "block": 21299527,
  "trx_in_block": 20,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-05T11:38:51",
  "op": [
    "vote",
    {
      "voter": "maloka",
      "author": "silv3rio",
      "permlink": "lunyr-token-what-is-and-why-i-m-buying-it",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "50e13c8657978da245c71f303e98e202913de484",
  "block": 21298564,
  "trx_in_block": 58,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-05T10:50:39",
  "op": [
    "comment",
    {
      "parent_author": "silv3rio",
      "parent_permlink": "lunyr-token-what-is-and-why-i-m-buying-it",
      "author": "cheetah",
      "permlink": "cheetah-re-silv3riolunyr-token-what-is-and-why-i-m-buying-it",
      "title": "",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://medium.com/@VerthagOG/lunyr-investment-analysis-156bbf14e115",
      "json_metadata": ""
    }
  ]
}

{
  "trx_id": "128aa4d64f68d86286a10e807fb81523884b4e68",
  "block": 21298563,
  "trx_in_block": 28,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-05T10:50:36",
  "op": [
    "vote",
    {
      "voter": "cheetah",
      "author": "silv3rio",
      "permlink": "lunyr-token-what-is-and-why-i-m-buying-it",
      "weight": 8
    }
  ]
}

{
  "trx_id": "03cc5455ef131a9ea9489c7d7d19d74a2e82fded",
  "block": 21298558,
  "trx_in_block": 23,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-05T10:50:21",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "lunyr",
      "author": "silv3rio",
      "permlink": "lunyr-token-what-is-and-why-i-m-buying-it",
      "title": "Lunyr token, what is and why i'm buying it!",
      "body": "![1_e2c2JNBkEP_dZNgBIQqRrA.png](https://steemitimages.com/DQmS4PNM6PkfVJHnyf12uYQA82g5WzRH1b3WWFWbcxts3j1/1_e2c2JNBkEP_dZNgBIQqRrA.png)\n\nLunyr is a decentralized crypto token based on the Ethereum blockchain which rewards users with app tokens for peer-reviewing and contributing information. The goal of this project is to offer a compensation for those content producers that create and share reliable, accurate knowledge in the form of articles, videos and other digital medias.\nLunyr has built a clever set of incentive schemes that could potentially help it provide much higher quality information than other similar sites, including the likes of Wikipedia.\n\nToday, Wikipedia represents one of the best known successes of large-scale knowledge sharing collaborative networks. In fact, it has been such a massive success that it killed the 2 centuries old Encyclopedia Britannica and other world famous reference books, because the traditional model they use just couldn’t keep up with the frequency of updates and the addition of new information by Wikipedia, along with the decentralized group editing features. Run in a completely voluntary fashion, Wikipedia highlights that it is possible to create collaborative knowledge networks in today’s interconnected worlds.\n\n![1_51U-KmWfMmd1NWgd3edm-Q.png](https://steemitimages.com/DQmZonxkxHAnGx8tBGs1x9Er3Js1EhKRx2aUnY8arDJmehG/1_51U-KmWfMmd1NWgd3edm-Q.png)\n\nScratch a bit deeper though, and you’ll see a host of problems with the Wikipedia model, from errors to outright hoaxes and self promotional Wikipedia pages trying to pass for facts. A large part of the reason for this is that neither the contributors nor the editors who later check the articles have any financial incentives. Economics, after all, trumps many other human systems of collaboration. The same economic incentive problem has been leveraged in the past to create groups of Wikipedia editors that have been bribed to create, edit or delete pages; the reason behind this is that Wikipedia is a highly respected source of information, and Google treats pages linked from it as valuable — therefore paying someone with a high reputation to create a page and link your website or blog from there will make your page skyrocket and land at the very top of the search result page.\n\nLunyr aims to create a better knowledge base by giving a editors a compensation for their effort, pushing them to produce high quality content and lower the chances of having unwanted, promotional articles.\n\nLunyr’s ultimate goal is to create a new kind of collaborative knowledge system, but this time around, the team behind this crypto token wants to do it based on providing economic incentives that may remove the issues plaguing the Wikipedia model. Another benefit of the Lunyr system is that it is not limited to just the creation of written content.\n\nThe vision is to be able to expand the system to much beyond that. With the advent of technologies from Artificial Intelligence (AI) to Virtual Reality (VR), Lunyr aims to create powerful APIs that plug into all these systems that require information and knowledge.\n\n\nThis is a powerful feature, since it is likely that in the future, machines (machine learning/artificial intelligence) will be the primary customers of information and knowledge, rather than humans. Data, after all, is overtaking the written word already. It is only a matter of time before machine intelligence consumes more content than us mortals. How then will they consume this information? They will also need to ensure the information is accurate, and that not anyone can change the proven facts and approved via which the algorithms operate. Lunyr provides a possible solution to that problem because there is economic incentive system built into the system to prevent such abuses.\n\nLunyr works by creating a completely decentralized knowledge sharing database. Contributors can create new articles, and get paid for their efforts. Editors can edit, make changes, and accept/reject articles and get paid for their efforts. There is also a dispute-resolution system, which is needed in decentralized networks because not everyone may agree with a certain point. The monetary value of the network is through advertising. There are less chances of corruption in a decentralized decision-making process like Lunyr than with a centralized model like Wikipedia through advertising.\n\nThe way Lunyr works is genius in its simplicity. Writers, editors and moderators will share knowledge by producing great content, making sure it’s well researched and formatted following the guidelines approve by the community.\nOnce the content has been created, peers will check it and make sure that the article’s quality is high. This is the most important step and makes sure that only excellent content gets approved.\nIf the article passes the peer review, the author and the people involved in the approval process can claim the Ethereum blockchain smart contracts that have been issued, and redeem the LUN and HNR token bounties attached to them. The first can also be spent to advertise on the platform, while HNR tokens can be spent by users to resolve quality disputes and resolve issues.\n\nOn April 27th 2017 the initial coin offering for the Lunyr project ended successfully, with a total supply of 2,703,356 LUN that sold at over 47 thousand ETH, which are currently valued around the 15 million USD mark.\n\nAs this token has huge advantage to be a game changer on the net and feasible bringing the blockchain closer to the mainstream, the current price for share is very much undervalued. But because the lack of communication from the team it’s fair that investors are holding back and wait to have some updates on Lunyr’s development. The cost have considering climbed constant within the 3 and 4 USD range, with a top price at $5.60, and Lunyr is currently at 3.60 USD for each LUN, which is an amazing feat considering that the only thing that has been produced by the project is a whitepaper and the token itself. As stated before, the rate is predicted to move within the coming months as the team announced to provide some updates.\n\n\nLUN are priceless for firms and advertising companies. Considering that the content types offered by the platform covers a wide range of topics, the LUN tokens have general purpose utility for businesses to promote their services on the Lunyr platform. Businesses are in a high-quality position to buy LUN, given that they’re going to have a more favorable position than customers to maintain a lot of disposable assets to compete in bidding wars and pressure up the demand for LUN as they promote their products.\n\nThe value of LUN correlates well with the development of the knowledge base . As the skills base grows once editor position opens and LUN start to become interesting for advertising companies, it eventually reaches a crossover point where the demand for advertising slots exceeds the deliverable content, and the demand for advertising will drive up the value for LUN. Then, seeing a economic advantage in this new market, extra contributors enter the ecosystem and add and assessment content which attracts extra readers.\n\nStrong network effects take over and speedily develop the value of the ecosystem along with the value of LUN. Considering the fact that contributors are rewarded for his or her efforts, the crossover point will be reached rapidly.\n\nThe worth of the Lunyr ecosystem and LUN token is not limited only on the shared knowledge base. Lunyr has a long term vision and the ultimate goal is to create a valuable content API, eventually using up the total worth of the ecosystem. At some point, Lunyr might also create different merchandise and offerings, a few of which may develop the demand of LUN.\n\nThe newly created LUNs virtually makes LUN extra valuable as time goes. One perspective is that growing LUN factors the LUN worth itself to decrease. However, this view forgets to consider that each time new LUN are rewarded to editors, contributors and peer reviewers, extremely valuable content exists and the worth of the ecosystem grows. So what certainly happens is these newly created tokens put a downward strain on the value, but additionally fuel content construction, which creates a long run upward pressure. Additionally, the creation of new LUN tokens will not occur until the Mainnet release, an important step on the Lunyr roadmap which is still not on the official roadmap outlined in the project’s whitepaper. Given the amount of work and efforts put in this project we can speculate that this will happen by the second half of 2019 or very early 2020.\n\nIt’s additionally fundamental to comprehend that the effective inflation decreases from 3% towards 0% over time. New LUN are created annually at a constant fee of 3% of the initial token supply. For instance, if the initial token give is 500,000 LUN, then 15,000 LUN are created annually. Within the first year, the inflation is 3.0%, however within the second year it’s going to be set at 2.9%, and continue to decrease until it reaches zero. There’s additionally the loss of LUN from forgetting passwords, accounts that are inaccessible because their private key has been lost, and accidentally sending LUN to an unowned account. The loss of LUN grows with the scale of the ecosystem and in my opinion this is a great way to capitalize on the normal mishaps that affect all systems based on user accounts.\n\nThe LUN issuance model was in particular designed to aid us overcome the chicken and egg predicament where contributors will not become a member of the Lunyr community until the rewards are worth it, readers won’t join the LUN token revolution unless they are able to find valuable content on the platform, and advertisers won’t buy advertisements to promote on the Lunyr platform until advertising is adequately valuable. Fortunately the Lunyr team has found a stylish solution to tackle this problem. The limiting element comes down to the quantity of well curated content and articles to offer to readers. Once we establish a sufficient amount of contributions, readership will continue to grow until the platform becomes viral and community effects take over. The LUN spent on promoting is usually small within the commencing part of the project so the newly created tokens make the LUN pool worth it to contributors in the beginning. Finally the LUN from advertising element of the LUN pool should be enough to be able to fund the platform by itself and help the ecosystem grow.\n\nOverall, the ecosystem war created and structured in a way that it produce steady, long term value as it grows. The skills base is a collaborative effort, and by means of joining its ecosystem users can effectively bring significant value to their work and to the whole group.\n\nThe next step in Lunyr’s development that have been set in the road map outlined in the whitepaper tells us that in the next months an alpha release within the Test net is going to be released, which will grow into a beta release 3 months after. At the very beginning of 2018 we’ll see a beta release on the Mainnet, which will be followed by an overhaul of the content Peer Review system around early spring. The next steps are going to be an upgrade in the way tokens can be used to solve disputes and resolutions, and a finalization of the Lunyr Advertising platform by early December 2018.\n\nOnce everything is set, supposedly at the very beginning of 2019, Lunyr API will be officially disclosed and we can assume that by the beginning of Q3 2019 we’ll see a public stable release of the platform, and mainstream adoption will begin. As people will start to peruse the content, the results on search engines will begin to show how profitable this ecosystem can be to advertisers, and from there on the platform will start to produce economical value.\n\n\nIt’s still extremely early to make any kind of speculation around this project, Lunyr is at the very beginning of its infancy and the prospects in the next two years is that it will reach a market capitalization to exceed one billion, which means at least more than a hundred times return on the initial investment made during the ICO.\n\nBecause of the solid ideas and ethic behind this unique project, the extremely low supply and the team that is working on it, LUN seems to be a great token to diversify your long haul investments portfolio.",
      "json_metadata": "{\"tags\":[\"lunyr\",\"crypto\",\"token\",\"wikipedia\"],\"image\":[\"https://steemitimages.com/DQmS4PNM6PkfVJHnyf12uYQA82g5WzRH1b3WWFWbcxts3j1/1_e2c2JNBkEP_dZNgBIQqRrA.png\",\"https://steemitimages.com/DQmZonxkxHAnGx8tBGs1x9Er3Js1EhKRx2aUnY8arDJmehG/1_51U-KmWfMmd1NWgd3edm-Q.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "74d4b85bc0c47e3d49a164cef4425d15af6b59f7",
  "block": 21284568,
  "trx_in_block": 51,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-04T23:10:33",
  "op": [
    "vote",
    {
      "voter": "coin.info",
      "author": "silv3rio",
      "permlink": "here-s-why-bitcoin-will-fail",
      "weight": 694
    }
  ]
}

{
  "trx_id": "5510a7c04bd0c7c43b28f91a707853496921a88c",
  "block": 21284567,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-04T23:10:30",
  "op": [
    "comment",
    {
      "parent_author": "silv3rio",
      "parent_permlink": "here-s-why-bitcoin-will-fail",
      "author": "coin.info",
      "permlink": "re-silv3rio-here-s-why-bitcoin-will-fail-20180404t231028110z",
      "title": "",
      "body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📉 24h | 📉 7d\n- | - | - | - | -\n**BTC** | Bitcoin | 6810.870$ | _-8.63%_ | _-14.22%_\n**ETH** | Ethereum | 378.261$ | _-8.94%_ | _-15.38%_\n**TIME** | Chronobank | 9.811$ | _-7.52%_ | _-14.89%_\n**XRP** | Ripple | 0.500$ | _-9.3%_ | _-13.33%_",
      "json_metadata": "{\"app\":\"coininfo/1.0.0\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "9926e13b4cf006303fabbc77a84e04c163eb1291",
  "block": 21278237,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-04T17:54:00",
  "op": [
    "vote",
    {
      "voter": "sensation",
      "author": "silv3rio",
      "permlink": "here-s-why-bitcoin-will-fail",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "9779215406ba7ec2d53ae1a5392d0a1fa73b7612",
  "block": 21278055,
  "trx_in_block": 24,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-04T17:44:54",
  "op": [
    "vote",
    {
      "voter": "moby-dick",
      "author": "silv3rio",
      "permlink": "here-s-why-bitcoin-will-fail",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "4ad7f3bf8c8d71d6fda16cd8737ef965abf8e6e6",
  "block": 21277355,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-04T17:09:54",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "silv3rio",
      "permlink": "here-s-why-bitcoin-will-fail",
      "title": "Here's why bitcoin will fail",
      "body": "@@ -2245,16 +2245,20 @@\n rket.%0A%0A%0A\n+%3CH2%3E\n BIG BROT\n@@ -2272,16 +2272,21 @@\n WATCHING\n+%3C/H2%3E\n %0A%0AOne of\n",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"blockchain\"],\"image\":[\"https://steemitimages.com/DQmb3tWtJiBLmMwFhTQbFpgYpU3xQPZboQP2nQsTcXUBQGx/iStock-498398760.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "0bfab7b531dd31cb406f23c95b408cf80f6b7b4a",
  "block": 21277309,
  "trx_in_block": 29,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-04T17:07:36",
  "op": [
    "comment",
    {
      "parent_author": "silv3rio",
      "parent_permlink": "here-s-why-bitcoin-will-fail",
      "author": "cheetah",
      "permlink": "cheetah-re-silv3riohere-s-why-bitcoin-will-fail",
      "title": "",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://listverse.com/2017/11/23/10-reasons-why-bitcoin-will-fail/",
      "json_metadata": ""
    }
  ]
}

{
  "trx_id": "757e4e7bb04f05d17d4c536d8c9c075e1bc3200f",
  "block": 21277308,
  "trx_in_block": 11,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-04T17:07:33",
  "op": [
    "vote",
    {
      "voter": "cheetah",
      "author": "silv3rio",
      "permlink": "here-s-why-bitcoin-will-fail",
      "weight": 8
    }
  ]
}

{
  "trx_id": "e6710a48c4216967735b3d15569e8789a90a27ed",
  "block": 21277304,
  "trx_in_block": 11,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-04-04T17:07:21",
  "op": [
    "comment",
    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "silv3rio",
      "permlink": "here-s-why-bitcoin-will-fail",
      "title": "Here's why bitcoin will fail",
      "body": "For people outside of the complex and exciting world of cryptocurrency, Bitcoin can be hard to understand. Many have brushed it off for years, saying that it was a fad that would disappear as quickly as the value of Beanie Babies. However, with the price spiking in the thousands of dollars for a single Bitcoin, naysayers are suddenly singing a different tune. Newcomers are dumping their money into Bitcoin, hoping that the price will only continue to grow. Many old-school investors who haven’t done their research will simply say it’s in an economic bubble and call it a day. But the reasons why Bitcoin cannot succeed in the long run go so much deeper than that. Just like any other speculative asset, no one really knows what is going to happen in the future. However, when one looks at the big picture, it becomes clear that Bitcoin will struggle to survive.\n\n![iStock-498398760.jpg](https://steemitimages.com/DQmb3tWtJiBLmMwFhTQbFpgYpU3xQPZboQP2nQsTcXUBQGx/iStock-498398760.jpg)\n\nThe most valuable thing about Bitcoin is that it introduced blockchain technology to the world. Blockchain technology drastically improves the speed, privacy, and security of sending money. Bitcoin can be sent from one person to another without a middleman, and it encrypts everyone’s identity to a long string of letters and numbers called a “wallet.” Blockchain is a big deal. Its potential to change technology is as big as the Internet. At the moment, the world of blockchain is young and exciting, like the Wild West of the digital world. However, even though Bitcoin was the first to introduce blockchain to the world, it’s not necessary for blockchain to exist. Sort of like if one web page goes down, the Internet still exists. Most people never saw the very first website that was ever created. It was a blank white page that was titled “World Wide Web” and a list of text links. That’s it.[1] No one could have ever imagined that that seemingly unimpressive page would evolve into what has now become what the Internet is today. There are already bigger, better, and faster versions of blockchain that made improvements on the original Bitcoin, like Ethereum and Ripple. Both of these coins, or “cryptocurrencies,” are already available on the market.\n\n\nBIG BROTHER IS WATCHING\n\nOne of the biggest benefits of Bitcoin it that it is supposed to be private, secure, and untraceable. Obviously, this was a huge benefit for criminals on the Dark Web. Cryptocurrency got a really bad reputation once news broke that Bitcoin was being used to send money anonymously on the drug trafficking website Silk Road. The appeal that a lot of Americans see in Bitcoin is that they believe they can avoid paying taxes to the IRS, which is also a crime. It’s tax evasion. In 2013, 44 percent of the Bitcoin supply belonged to people who identify as Libertarian. Today, the market has way more newcomers, so the percentage of Libertarians is much smaller as more casual people join to invest in hopes of getting rich, rather than trying to start a revolution. What casual Bitcoin users don’t seem to understand is that even though their name is protected as a string of numbers and letters on the public ledger, that doesn’t mean they are fully anonymous. Most Bitcoin exchanges like Coinbase require that new users must upload the front and back of a Photo ID as well as take a selfie to prove that it’s really them. In Coinbase’s privacy policy, they state that they will keep your name, address, phone number, and more for up to five years and will give it to law enforcement if there was ever a subpoena.[2]The FBI has made it very clear that they are watching Bitcoin very closely, and they are getting better and better at finding the true identities of the people who use Bitcoin for illegal activity. They are fully aware that not everyone who uses Bitcoin is a criminal. In fact, they have a public dossier of their educational materials given to law enforcement to help them understand what it is. There are plenty of ways for hackers to hide their identity, but for the casual user, they are not getting any added expectation of privacy from Bitcoin. At this point in time, the only way to truly have an anonymous and untraceable financial transaction is with cold, hard cash.\n\n\nTHE LACK OF LEADERSHIP\n\nBitcoin was created by the man of mystery, Satoshi Nakamoto. While there are many compelling theories about his true identity, no one knows exactly who he is. At the beginning of the Bitcoin project, Satoshi was able to guide the coders who helped create the platform any time they had a question. Once investigation agencies all over the world began searching for him, Satoshi Nakamoto disappeared. All over the world, homes of suspected Satoshis have been raided. Despite law enforcement’s best efforts, his true identity is still a mystery. Now, coders and miners must come to a consensus every time a decision about Bitcoin’s future must be made. Unfortunately, the community cannot seem to agree on even the smallest decisions. There is no clear business plan mapping out Bitcoin’s future. In fact, the Reddit community message boards had to split into two totally separate Bitcoin groups, because opposing opinions wanted to continue to talk inside an echo chamber instead of getting along.[3]Other cryptocurrencies actually have leaders to guide them. Vitalik Buterin is the boy genius creator of Ethereum. Harvard-educated Brad Garlinghouse is the CEO of Ripple. Both Buterin and Garlinghouse met with central banks and the Federal Reserve in October 2017, but Bitcoin did not have a seat, because there is no leader to represent them.\n\n\nLAWS AND REGULATIONS\n\nIn October 2017, China declared that it was illegal to create an “ICO,” which stands for “Initial Coin Offering.” Start-up companies were learning how to use blockchain to make their own spin-off coins to raise funds. The only downside was that a lot of these coins were fraudulent. A few fake coin companies took millions of dollars from desperate people who were trying to invest so they could “get rich” on these ICOs.In New York, all businesses who want to accept Bitcoin are required to register for a “BitLicense” if they want to do business. The license promises to comply with United States taxation laws and regulations. The application costs $5,000, and there are 500 pages of legal paperwork that would require a team of taxation lawyers to decipher. For most businesses, it’s simply not worth the money, time, and effort to accept Bitcoin when so few people will actually use it in their stores.[4]In 2014, the IRS released a guideline that anyone who profits from digital currency needs to pay taxes in the same way that anyone selling their stocks or bonds must pay their taxes. If the Bitcoin revolutionaries stick to their morals, they aren’t going to listen to the IRS. When there is such a huge spotlight on an activity that is known for tax evasion, it is obviously something that law enforcement takes notice of.\n\nUSE CASES\n\nMany small businesses in California’s Silicon Valley accept Bitcoin as a form of payment, but larger corporations still only accept cash and cards. Unless Bitcoin can actually buy and sell things with bigger companies, they will never actually have very much of a purpose, since blockchain technology can exist without Bitcoin. The Journal of Government Financial Management says that blockchain technology can truly help the financial system, but they need to see more successful examples of use cases, first.At the moment, the one and only digital currency that is actually working with the US Federal Reserve is a company called Ripple. They have proven that they can work with large corporations, banks, and credit card companies. They’re even going to process the financial transactions of American Express. Ripple has their own cryptocurrency, called XRP.All of the original ideas for possible use cases for the blockchain are actually coming true through Ripple, not Bitcoin. In October 2017, Bill Gates announced that he chose Ripple to run his project that will help alleviate poverty in developing nations, despite having promoted Bitcoin in the past.\n\n\nTIME AND MINING PROBLEMS\n\nThe longer Bitcoin exists, the more difficult it becomes to “mine,” or create new coins. Without the miners, the Bitcoin network collapses. The cost of getting started as a new miner is so far out of reach for the average person that the main miners are gigantic warehouses in China. In most countries, the cost of electricity to run these computers is actually more than what the digital currency is worth, which makes it pointless to even try.The longer Bitcoin exists, the longer it takes for these computer systems to process the information. At the time this article was written, the official time for a Bitcoin transfer is “one hour,” but anyone who uses Bitcoin on a regular basis knows that is far from the truth. Transactions can take up to six hours at busy times of the day, because it averages 15 transactions per second. There is no guarantee that it will ever improve. In fact, it is likely to keep getting worse.[6]In contrast, Ripple’s coin XRP settles 1,500 transactions every second, and they have the technology and infrastructure to make sure that they’ll never slow down. In the digital age, where people want things to happen within a split second, it is simply not realistic to think that as the world slowly begins to understand and use blockchain in their everyday lives, they will choose the slower option, Bitcoin, over currencies that are faster.\n\nFUD\n\nThe current Bitcoin market is extremely volatile. If Bitcoin is in the news, its price can fluctuate hundreds of dollars in a matter of hours. Fear, uncertainty, and doubt are talked about so often in the community that everyone just calls them “FUD.” If there was ever any reason for the public to believe that Bitcoin may become illegal, if there was a hack, a virus, or any other issue in the system, the value will drop dramatically as people panic and sell as quickly as possible. It’s very similar to the stock market in that way. If the Great Depression and the 2008 recession were any clue about the future, people will sell without hesitation if they lose faith in Bitcoin. Without any clear vision of where Bitcoin is going, there is very little for an investor to count on or to have faith in. Many people have been rewarded for holding onto their Bitcoins for dear life, but good news can only last for so long.\n\n\nSince the Bitcoin founder Satoshi Nakamoto is no longer publishing his opinions, all coders have left is the documentation he left behind. One person can read the same exact paragraph in the Bitcoin White Paper and come up with a totally different interpretation of Satoshi’s words than the next person. There are a lot of people who believe that in order for Bitcoin to survive, there needs to be a mass exodus to another platform that would be faster and more reliable.Developers have come up with a solution called a “hard fork,” which is why Bitcoin Cash was created. However, they believed that Bitcoin Cash still did not solve the problems, so there was a much-contested plan to create yet another hard fork called Bitcoin Gold. That plan, known as SegWit2x, was eventually called off, and it resulted in another sharp spike in the price of the original Bitcoin.[8] As of 2017, the amount of Bitcoin that Satoshi Nakamoto owns is now worth billions of dollars, and he has made it clear that he is done with the project. He could possibly be on a private island enjoying life while coders continue to argue over which coin gets to be the “real” Bitcoin.\n\n\nTHE 1% HATE BITCOIN\n\nBillionaire Jamie Dimon, the CEO of JP Morgan chase, has called Bitcoin a fraud and says that it is destined to fail. He said that even if the price of one Bitcoin rises to $100,000, it would not change his opinion that it is destined for failure some day.[9]Every single year, Toronto hosts a banking conference called the Swift International Banking Operations Seminar (SIBOS), where some of the most powerful people in the world meet. The major company that runs the convention is called Society for Worldwide Interbank Financial Telecommunication (SWIFT). They are in charge of what the world currently uses for banking transfers. One individual bank moves billions of dollars every year. Almost all of the banks in the world use SWIFT’s now-outdated technology, and they handle quadrillions of dollars. At the October 2017 SIBOS, SWIFT CEO Gottfried Leibbrandt said during an interview that their company is trying to come out with a technology that will improve security, anonymity, and speed. It’s easy to read between the lines and know that what he is really saying is that they want to make their own blockchain. However, he claims that it will take them over a year to actually get their technology up and running. Ripple was so confident that they can beat SWIFT that they they purposely scheduled their own conference, called SWELL, at the same time and location as SIBOS. Their party-crashing resulted in successfully adopting hundreds of new banking partners to use their technology. The one percent aren’t threatened by Ripple the way they are by Bitcoin.\n\n\nTHE END OF THE WORLD AS WE KNOW IT\n\nThe most enthusiastic supporters of Bitcoin are revolutionaries. Some hope that people will rise up and choose to go with Bitcoin instead of using traditional banks. Michael Lewis, the author of Moneyball, was encouraged to talk to these Bitcoin revolutionaries in Silicon Valley, because it might make for good material for another book. He watched as the revolutionaries very literally sat around smoking weed and talking about their ideas of the future, and he left feeling as though Bitcoin was going to fail. He decided not to write a book on the subject.[10]In order for these revolutionaries to get what they want—people losing faith in banks and switching to Bitcoin—the economy of the world as we know it would have to collapse. If that actually happened, people would have to lose their jobs, their homes, and maybe even their lives. Active revolutionaries who are pushing for a collapse are in short supply.While they’re not necessarily one and the same, a member of Anonymous told Vice News that many of the members have left and that the organization is full of distrust. Others make false promises and never act out on their plans of revolution. For the most part, it’s just kids writing on the Internet about how they want the world to change, without a real plan on how to execute it. If one revolutionary group like Anonymous can fall apart, what’s to stop Bitcoin from suffering the same fate? Even if they could change everything in an instant, would they really be prepared to push the big red button to begin the end of the world?",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"blockchain\"],\"image\":[\"https://steemitimages.com/DQmb3tWtJiBLmMwFhTQbFpgYpU3xQPZboQP2nQsTcXUBQGx/iStock-498398760.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
    }
  ]
}

{
  "trx_id": "bfd9ae3bb229c63af0d018d3e47630bebe6ff9e9",
  "block": 19872889,
  "trx_in_block": 35,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-02-14T21:18:06",
  "op": [
    "vote",
    {
      "voter": "silv3rio",
      "author": "brightideas",
      "permlink": "does-this-chart-look-similar-to-anyone-else-by-voiceofreason",
      "weight": 10000
    }
  ]
}

{
  "trx_id": "929af398f433b44d06a2d34fb3f3f418793959ad",
  "block": 19237267,
  "trx_in_block": 22,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-01-23T18:56:33",
  "op": [
    "account_create_with_delegation",
    {
      "fee": "0.500 STEEM",
      "delegation": "29700.000000 VESTS",
      "creator": "steem",
      "new_account_name": "silv3rio",
      "owner": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM4xewrfe1xo5bFMGQKLh6kn5LbtQQ5Li49mknbgMDaCEuUPiGrh",
            1
          ]
        ]
      },
      "active": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM7ETUfRPau1JAiSJw55vqFRRPeRGUGfwkrQsQ7kGV4dPoYykuf2",
            1
          ]
        ]
      },
      "posting": {
        "weight_threshold": 1,
        "account_auths": [],
        "key_auths": [
          [
            "STM7aGjjk2gVSqNQbzmMsNxqKdMtX5cCNqmU3efU4j8gEhXCFf5sE",
            1
          ]
        ]
      },
      "memo_key": "STM6xL8CPXVFgYvVRrPemFNTXzf74ejDxWbB8aX1sjw8ARxCdQSCW",
      "json_metadata": "",
      "extensions": []
    }
  ]
}