Ecoer Logo

@truthraider

27

BITCOIN WOLF

steemit.com/@truthraider
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS69.41%
Net Worth
0.013USD
STEEM
0.031STEEM
SBD
0.010SBD
Effective Power
5.001SP
├── Own SP
0.124SP
└── Incoming Deleg
+4.877SP

Detailed Balance

STEEM
balance
0.001STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.030STEEM
STEEM POWER
Own SP
0.124SP
Delegated Out
0.000SP
Delegation In
4.877SP
Effective Power
5.001SP
Reward SP (pending)
0.045SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.010SBD
{
  "balance": "0.001 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.030 STEEM",
  "vesting_shares": "202.523952 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7941.135854 VESTS",
  "sbd_balance": "0.000 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.010 SBD",
  "conversions": []
}

Account Info

nametruthraider
id1107754
rank234,237
reputation1542513196
created2018-08-14T20:17:06
recovery_accountsteem
proxyNone
post_count14
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2018-10-14T09:48:09
last_root_post2018-10-14T09:48:09
last_vote_time2018-08-15T09:50:30
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.001 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares202.523952 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares7941.135854 VESTS
reward_vesting_balance90.947183 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update2018-09-22T14:20:21
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "id": 1107754,
  "name": "truthraider",
  "owner": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM8iQNHASd6QVP7HPXYvBtHjRVy3b4FsZjk1L7Xx4MVoLpyUW4vZ",
        1
      ]
    ]
  },
  "active": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM7nZ3fK7WDLZjvThN4qmrdrzTuci848tRkn2CZK3B1SRoYKC4Vh",
        1
      ]
    ]
  },
  "posting": {
    "weight_threshold": 1,
    "account_auths": [],
    "key_auths": [
      [
        "STM88Z7NosbQgXDhRauH6UEFxs3c8E1fPhHZPY7LqXyHSzeH9mQmf",
        1
      ]
    ]
  },
  "memo_key": "STM6QK3yH5xxPB7wVLehnQCvDTQsSUkLxieGRg4SZqK6G6Kd8LqDF",
  "json_metadata": "{\"profile\":{\"profile_image\":\"https://cdn.steemitimages.com/DQmQXvKsoMp7N2zaiyXtTRi6jDG7n6iUZD6uibHVhdVYKHw/nAaE8iV4_400x400.jpg\",\"cover_image\":\"https://cdn.steemitimages.com/DQmeuYy7nUMDKpmNaamY9ARjf9Y2M1fBa42f4nSKzFRDnED/Presentation1.jpg\",\"name\":\"TRUTHRAIDER\",\"about\":\"BITCOIN WOLF\",\"website\":\"https://truthraider.com/\",\"location\":\"Key West\"}}",
  "posting_json_metadata": "{\"profile\":{\"profile_image\":\"https://cdn.steemitimages.com/DQmQXvKsoMp7N2zaiyXtTRi6jDG7n6iUZD6uibHVhdVYKHw/nAaE8iV4_400x400.jpg\",\"cover_image\":\"https://cdn.steemitimages.com/DQmeuYy7nUMDKpmNaamY9ARjf9Y2M1fBa42f4nSKzFRDnED/Presentation1.jpg\",\"name\":\"TRUTHRAIDER\",\"about\":\"BITCOIN WOLF\",\"website\":\"https://truthraider.com/\",\"location\":\"Key West\"}}",
  "proxy": "",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_account_update": "2018-09-22T14:20:21",
  "created": "2018-08-14T20:17:06",
  "mined": false,
  "recovery_account": "steem",
  "last_account_recovery": "1970-01-01T00:00:00",
  "reset_account": "null",
  "comment_count": 0,
  "lifetime_vote_count": 0,
  "post_count": 14,
  "can_vote": true,
  "voting_manabar": {
    "current_mana": "8143659806",
    "last_update_time": 1779090078
  },
  "downvote_manabar": {
    "current_mana": 2035914951,
    "last_update_time": 1779090078
  },
  "voting_power": 0,
  "balance": "0.001 STEEM",
  "savings_balance": "0.000 STEEM",
  "sbd_balance": "0.000 SBD",
  "sbd_seconds": "0",
  "sbd_seconds_last_update": "1970-01-01T00:00:00",
  "sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "reward_sbd_balance": "0.010 SBD",
  "reward_steem_balance": "0.030 STEEM",
  "reward_vesting_balance": "90.947183 VESTS",
  "reward_vesting_steem": "0.045 STEEM",
  "vesting_shares": "202.523952 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "7941.135854 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "withdrawn": 0,
  "to_withdraw": 0,
  "withdraw_routes": 0,
  "curation_rewards": 0,
  "posting_rewards": 88,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "witnesses_voted_for": 0,
  "last_post": "2018-10-14T09:48:09",
  "last_root_post": "2018-10-14T09:48:09",
  "last_vote_time": "2018-08-15T09:50:30",
  "post_bandwidth": 0,
  "pending_claimed_accounts": 0,
  "vesting_balance": "0.000 STEEM",
  "reputation": 1542513196,
  "transfer_history": [],
  "market_history": [],
  "post_history": [],
  "vote_history": [],
  "other_history": [],
  "witness_votes": [],
  "tags_usage": [],
  "guest_bloggers": [],
  "rank": 234237
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
steemdelegated 4.877 SP to @truthraider
2026/05/18 07:41:18
delegatorsteem
delegateetruthraider
vesting shares7941.135854 VESTS
Transaction InfoBlock #106152333/Trx 7cf1c03a363e126c9745dc2ca3053c554b3770e6
View Raw JSON Data
{
  "trx_id": "7cf1c03a363e126c9745dc2ca3053c554b3770e6",
  "block": 106152333,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-18T07:41:18",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "7941.135854 VESTS"
    }
  ]
}
steemdelegated 3.211 SP to @truthraider
2026/05/13 09:59:24
delegatorsteem
delegateetruthraider
vesting shares5228.925449 VESTS
Transaction InfoBlock #106011804/Trx a1f2cd1df990c965a614f7a8073da7514d6e26cf
View Raw JSON Data
{
  "trx_id": "a1f2cd1df990c965a614f7a8073da7514d6e26cf",
  "block": 106011804,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-05-13T09:59:24",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "5228.925449 VESTS"
    }
  ]
}
steemdelegated 4.884 SP to @truthraider
2026/04/26 06:51:18
delegatorsteem
delegateetruthraider
vesting shares7953.651610 VESTS
Transaction InfoBlock #105519783/Trx 076651c66acad0d9bc0ea706073f2708f8c85be7
View Raw JSON Data
{
  "trx_id": "076651c66acad0d9bc0ea706073f2708f8c85be7",
  "block": 105519783,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-04-26T06:51:18",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "7953.651610 VESTS"
    }
  ]
}
steemdelegated 3.237 SP to @truthraider
2026/01/24 03:46:06
delegatorsteem
delegateetruthraider
vesting shares5270.472268 VESTS
Transaction InfoBlock #102875722/Trx 0dcdbf82e1cf9b10997fe1238d581dd88f94c9f2
View Raw JSON Data
{
  "trx_id": "0dcdbf82e1cf9b10997fe1238d581dd88f94c9f2",
  "block": 102875722,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2026-01-24T03:46:06",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "5270.472268 VESTS"
    }
  ]
}
steemdelegated 3.338 SP to @truthraider
2024/12/17 22:54:48
delegatorsteem
delegateetruthraider
vesting shares5434.691465 VESTS
Transaction InfoBlock #91321916/Trx 88b5cf8f75ce677622f05cb8a4f257c62b87f2c0
View Raw JSON Data
{
  "trx_id": "88b5cf8f75ce677622f05cb8a4f257c62b87f2c0",
  "block": 91321916,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2024-12-17T22:54:48",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "5434.691465 VESTS"
    }
  ]
}
steemdelegated 3.441 SP to @truthraider
2023/11/14 14:33:06
delegatorsteem
delegateetruthraider
vesting shares5603.824997 VESTS
Transaction InfoBlock #79875996/Trx 6b464032cfbe247e130267fbd7f21a15c95e2013
View Raw JSON Data
{
  "trx_id": "6b464032cfbe247e130267fbd7f21a15c95e2013",
  "block": 79875996,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-11-14T14:33:06",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "5603.824997 VESTS"
    }
  ]
}
steemdelegated 5.245 SP to @truthraider
2023/09/22 12:01:45
delegatorsteem
delegateetruthraider
vesting shares8540.733783 VESTS
Transaction InfoBlock #78364822/Trx 2aaa996f3838206a0d67763b21a76d550e3d4f7b
View Raw JSON Data
{
  "trx_id": "2aaa996f3838206a0d67763b21a76d550e3d4f7b",
  "block": 78364822,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2023-09-22T12:01:45",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "8540.733783 VESTS"
    }
  ]
}
steemdelegated 5.381 SP to @truthraider
2022/11/03 19:18:36
delegatorsteem
delegateetruthraider
vesting shares8762.785221 VESTS
Transaction InfoBlock #69122346/Trx 2b527cf96c83ccd6c851d10b853556364a9654cf
View Raw JSON Data
{
  "trx_id": "2b527cf96c83ccd6c851d10b853556364a9654cf",
  "block": 69122346,
  "trx_in_block": 6,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-11-03T19:18:36",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "8762.785221 VESTS"
    }
  ]
}
steemdelegated 5.517 SP to @truthraider
2022/01/18 00:22:18
delegatorsteem
delegateetruthraider
vesting shares8982.892822 VESTS
Transaction InfoBlock #60825433/Trx 7c830e1bc79f6023b02fd32cff44e3c460f9200f
View Raw JSON Data
{
  "trx_id": "7c830e1bc79f6023b02fd32cff44e3c460f9200f",
  "block": 60825433,
  "trx_in_block": 40,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2022-01-18T00:22:18",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "8982.892822 VESTS"
    }
  ]
}
steemdelegated 5.630 SP to @truthraider
2021/06/14 07:29:51
delegatorsteem
delegateetruthraider
vesting shares9167.087110 VESTS
Transaction InfoBlock #54615684/Trx 450d25b8a8cc087705ad80262a83a5d4b6496ca4
View Raw JSON Data
{
  "trx_id": "450d25b8a8cc087705ad80262a83a5d4b6496ca4",
  "block": 54615684,
  "trx_in_block": 2,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2021-06-14T07:29:51",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "9167.087110 VESTS"
    }
  ]
}
steemdelegated 5.745 SP to @truthraider
2020/12/11 17:40:51
delegatorsteem
delegateetruthraider
vesting shares9354.509084 VESTS
Transaction InfoBlock #49362903/Trx f8873ddce1654a9fd226996b9ea73dc78a74507b
View Raw JSON Data
{
  "trx_id": "f8873ddce1654a9fd226996b9ea73dc78a74507b",
  "block": 49362903,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-11T17:40:51",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "9354.509084 VESTS"
    }
  ]
}
steemdelegated 1.175 SP to @truthraider
2020/12/06 11:16:12
delegatorsteem
delegateetruthraider
vesting shares1912.543513 VESTS
Transaction InfoBlock #49214421/Trx bb9a5e601f166f7a4e39e343e231b7583fb55039
View Raw JSON Data
{
  "trx_id": "bb9a5e601f166f7a4e39e343e231b7583fb55039",
  "block": 49214421,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-06T11:16:12",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "1912.543513 VESTS"
    }
  ]
}
steemdelegated 5.749 SP to @truthraider
2020/12/05 21:18:45
delegatorsteem
delegateetruthraider
vesting shares9360.716938 VESTS
Transaction InfoBlock #49197988/Trx 47e48c0a474a577fb3bc1a1d3d353446d78bcb13
View Raw JSON Data
{
  "trx_id": "47e48c0a474a577fb3bc1a1d3d353446d78bcb13",
  "block": 49197988,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-12-05T21:18:45",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "9360.716938 VESTS"
    }
  ]
}
steemdelegated 1.179 SP to @truthraider
2020/11/03 05:12:54
delegatorsteem
delegateetruthraider
vesting shares1920.017158 VESTS
Transaction InfoBlock #48273785/Trx b35a1b22f6562e2a1309272ca109eb54a18a28c7
View Raw JSON Data
{
  "trx_id": "b35a1b22f6562e2a1309272ca109eb54a18a28c7",
  "block": 48273785,
  "trx_in_block": 0,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-11-03T05:12:54",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "1920.017158 VESTS"
    }
  ]
}
steemdelegated 5.873 SP to @truthraider
2020/05/09 12:20:30
delegatorsteem
delegateetruthraider
vesting shares9563.522297 VESTS
Transaction InfoBlock #43224770/Trx c8b9252d9692a59549048e399c5c601f46dd33c1
View Raw JSON Data
{
  "trx_id": "c8b9252d9692a59549048e399c5c601f46dd33c1",
  "block": 43224770,
  "trx_in_block": 10,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-09T12:20:30",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "9563.522297 VESTS"
    }
  ]
}
steemdelegated 1.200 SP to @truthraider
2020/05/08 16:55:45
delegatorsteem
delegateetruthraider
vesting shares1953.311140 VESTS
Transaction InfoBlock #43202025/Trx a14fb122c6ab933dbbb6ae68aa6df0899c76dc54
View Raw JSON Data
{
  "trx_id": "a14fb122c6ab933dbbb6ae68aa6df0899c76dc54",
  "block": 43202025,
  "trx_in_block": 35,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2020-05-08T16:55:45",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "1953.311140 VESTS"
    }
  ]
}
steemdelegated 5.922 SP to @truthraider
2019/12/15 16:40:48
delegatorsteem
delegateetruthraider
vesting shares9643.725477 VESTS
Transaction InfoBlock #39063597/Trx 0e99bc7bd0af5608c50c2557331379b59aed88b5
View Raw JSON Data
{
  "trx_id": "0e99bc7bd0af5608c50c2557331379b59aed88b5",
  "block": 39063597,
  "trx_in_block": 12,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-12-15T16:40:48",
  "op": [
    "delegate_vesting_shares",
    {
      "delegator": "steem",
      "delegatee": "truthraider",
      "vesting_shares": "9643.725477 VESTS"
    }
  ]
}
2019/08/14 22:16:39
parent authortruthraider
parent permlinktron-the-revolution-of-digital-blockchain-technology
authorsteemitboard
permlinksteemitboard-notify-truthraider-20190814t221639000z
title
bodyCongratulations @truthraider! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@truthraider/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@truthraider) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=truthraider)_</sub> ###### [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"]}
Transaction InfoBlock #35556722/Trx 6b32f49569c737b0530102e7084c90c22c4b224f
View Raw JSON Data
{
  "trx_id": "6b32f49569c737b0530102e7084c90c22c4b224f",
  "block": 35556722,
  "trx_in_block": 9,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2019-08-14T22:16:39",
  "op": [
    "comment",
    {
      "parent_author": "truthraider",
      "parent_permlink": "tron-the-revolution-of-digital-blockchain-technology",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-truthraider-20190814t221639000z",
      "title": "",
      "body": "Congratulations @truthraider! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@truthraider/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@truthraider) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=truthraider)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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steemdelegated 6.043 SP to @truthraider
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steemdelegated 18.408 SP to @truthraider
2018/12/15 23:35:03
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2018/10/21 09:27:09
authortruthraider
permlinktim-draper-predicts-80-trillion-market-cap-in-15-years
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2018/10/14 10:55:30
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2018/10/14 10:03:48
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authortruthraider
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2018/10/14 09:48:09
parent author
parent permlinktron
authortruthraider
permlinktron-the-revolution-of-digital-blockchain-technology
titleTRON: The Revolution Of Digital Blockchain Technology.
bodyBy Truthraider.com I've followed the rise of TRON from the very beginning of their journey. The leadership of Justin Sun has been something amazing to watch. He is building a brand built on strong business fundamentals. The overall goal of TRON is to revolutionize a new decentralized system to replace existing processes. This is not unlike revolutionary ideas like email, smartphones, and the internet. I haven't seen real innovation like TRON from the majority of cryptocurrencies. Most cryptocurrencies are reliant on bold dreams and produce virtually zero results. TRON is a results based company and that is why I back it. Below I will describe a few of the updates that have everyone shifting their eyes to TRON. TRON User Base. The one thing I respect most about TRON is that they understand the need for volume in order to increase the overall network of users. They are nearing the 500K market and it's amazing that they can grow during a bear market. Coinbase, for example, has seen nearly an 80% decline in volume. By focusing on user growth, TRON creates a network that can branch off into other endeavors. I believe areas, like DAPPS, will be a great example of this benefit from a high user base. Justin Sun stated earlier this year he will reach 1 million users in a year or so. This seems to be highly probable given the growth rates at current levels. Bittorrent Purchase. The market, and people not big into tech, don't realize how big of a deal the purchase of Bittorrent really is for TRON. The reality can be described in a few ways. One, the purchase allows TRON to have access to hundreds of millions of additional users that have not been exposed to TRON. Two, the acquisition allows for TRON to scale and possibly even add sharding into the network. This purchase will lead to a massive spike in users, visability, and overall commercial viability for TRON. We will probably see this in the next few months after all the technical aspects of linking the Bittorrent and Tron network together. No other cryptocurrency can claim the reach that Justin Sun has just created, to find new users and scale. When Tron Virtual Machine is fully implemented this will be a surefire scaling opportunity. TRON Partners and DAPPS. Another excellent area, that Justin Sun, is tackling is the world of DAPPS. I believe the overall endstate is to overtake ERC20's and the Ethereum network. Billions of dollars have flowed throughout the Ethereum network on DAPPS in 2017. TRON will easily overtake this market in 2018 if they execute the glidepath at their current growth rate. Bittorrent provides exposure to 100 million unique users that will help grow future DAPPS that are brought into the TRON network. Project Atlas is only one phase of a ten year growth plan. No other crypto has a strategic vision that lasts ten years and is on glidepath. I haven't seen one on schedule, at least. Tronscan.org is a great resources, as well as the Tron Developer Suite to help build the ecosystem. Justin Sun. Any great project or company needs strong leadership. Justin Sun is that man. He gives everything he has within him to grow the network. He is the TRON brand. People are drawn to successful men. Look at Bill Gates or Steve Jobs. They were the face of Microsoft and Apple. A vision is great, but a leader is a necessity for success. Justin Sun understands the value of hustle, scaling, and building a strong network. This is why he will succeed. The latest rumor is a TRON has a multibillion dollar partnership with a mainstream company. The largest rumor is that internet based Baidu is the partner. We will find out next week, if this is confirmed. The reality is that whoever it ends up being, the reach of a billion dollar company is a good news story for TRON. They are constantly making deals to scale the ecosystem. We we be here watching as they continue to grow. I see great things in store for TRON over the next twelve months. I back builders over great ideas. Justin Sun is building. That is something nobody can deny.
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      "title": "TRON: The Revolution Of Digital Blockchain Technology.",
      "body": "By Truthraider.com\n\nI've followed the rise of TRON from the very beginning of their journey. The leadership of Justin Sun has been something amazing to watch. He is building a brand built on strong business fundamentals. The overall goal of TRON is to revolutionize a new decentralized system to replace existing processes. This is not unlike revolutionary ideas like email, smartphones, and the internet. I haven't seen real innovation like TRON from the majority of cryptocurrencies. Most cryptocurrencies are reliant on bold dreams and produce virtually zero results. TRON is a results based company and that is why I back it. Below I will describe a few of the updates that have everyone shifting their eyes to TRON. \n\nTRON User Base. \n\nThe one thing I respect most about TRON is that they understand the need for volume in order to increase the overall network of users. They are nearing the 500K market and it's amazing that they can grow during a bear market. Coinbase, for example, has seen nearly an 80% decline in volume. By focusing on user growth, TRON creates a network that can branch off into other endeavors. I believe areas, like DAPPS, will be a great example of this benefit from a high user base. Justin Sun stated earlier this year he will reach 1 million users in a year or so. This seems to be highly probable given the growth rates at current levels. \n\nBittorrent Purchase.\n\nThe market, and people not big into tech, don't realize how big of a deal the purchase of Bittorrent really is for TRON. The reality can be described in a few ways. One, the purchase allows TRON to have access to hundreds of millions of additional users that have not been exposed to TRON. Two, the acquisition allows for TRON to scale and possibly even add sharding into the network. This purchase will lead to a massive spike in users, visability, and overall commercial viability for TRON. We will probably see this in the next few months after all the technical aspects of linking the Bittorrent and Tron network together. No other cryptocurrency can claim the reach that Justin Sun has just created, to find new users and scale. When Tron Virtual Machine is fully implemented this will be a surefire scaling opportunity.\n\nTRON Partners and DAPPS. \n\nAnother excellent area, that Justin Sun, is tackling is the world of DAPPS. I believe the overall endstate is to overtake ERC20's and the Ethereum network. Billions of dollars have flowed throughout the Ethereum network on DAPPS in 2017. TRON will easily overtake this market in 2018 if they execute the glidepath at their current growth rate. Bittorrent provides exposure to 100 million unique users that will help grow future DAPPS that are brought into the TRON network. Project Atlas is only one phase of a ten year growth plan. No other crypto has a strategic vision that lasts ten years and is on glidepath. I haven't seen one on schedule, at least. Tronscan.org is a great resources, as well as the Tron Developer Suite to help build the ecosystem. \nJustin Sun.\n\nAny great project or company needs strong leadership. Justin Sun is that man. He gives everything he has within him to grow the network. He is the TRON brand. People are drawn to successful men. Look at Bill Gates or Steve Jobs. They were the face of Microsoft and Apple. A vision is great, but a leader is a necessity for success. Justin Sun understands the value of hustle, scaling, and building a strong network. This is why he will succeed. \n\nThe latest rumor is a TRON has a multibillion dollar partnership with a mainstream company. The largest rumor is that internet based Baidu is the partner. We will find out next week, if this is confirmed. The reality is that whoever it ends up being, the reach of a billion dollar company is a good news story for TRON. They are constantly making deals to scale the ecosystem. We we be here watching as they continue to grow. I see great things in store for TRON over the next twelve months. I back builders over great ideas. Justin Sun is building. That is something nobody can deny.",
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2018/10/14 09:27:09
parent author
parent permlinktim
authortruthraider
permlinktim-draper-predicts-80-trillion-market-cap-in-15-years
titleTim Draper predicts 80 Trillion Market Cap In 15 Years
bodySeptember 17, 2018 By Truthraider.com According to legendary investor, Tim Draper, we will see a 80 Trillion dollar market cap within 15 years. I tend to agree with him. He has many reasons to remain bullish on bitcoin. For me, the reason for such high expectations stem mainly from examining the inner working of the financial systems that would drive such a forecast. Our loyal community of bitcoin maximalists will own the coin regardless of the noise around us. What will drive the new interest and mass adoption will be a variety of factors. I will go over a few reasons that I believe make his prediction viable. 1. Fiat Collapse in Emerging Markets. All across the planet nations are losing confidence in their fiat backed currencies. This is a trend that we have seen in the last few years. It is due to poor regulations, overspending, and lack of state run financial knowledge. For example, Venezuela has 40 Trillion plus in oil and is essentially a failed state. This trend will continue in all emerging markets that don’t start converting to bitcoin. It should seem very basic to not overspend, but most of the developing world always mess this up. 2. Global Derivates Market. The global derivates market sits at around 1.4–2.0 Quadrillion dollars. Yes, those numbers. Not the trillions that are mentioned in the news. The reality is that their is a secondary financial layer that most don’t understand in the global banking system. This system has no possible recovery. Bitcoin is the only solution. I believe this solution was chosen a very long time ago. The name bitcoin just came in 2009. The idea of a digital currency actually came from the 1980's. 3. Globalization and International Trade Costs. The cost of globalization and international trade is utterly ridiculous. The world spends hundreds of billions of dollars a year in expenses, currency swaps, and cross monetary exchange policies. These ideas and practices are from the time before computers, and especially now that we have bitcoin. Transactions should be safe and efficient. The international trade community understands this. If bitcoin isn’t efficient enough to handle this, some other blockchain project will fill the gap. The current system is an utter mess. Smart nation will lead the way, others will follow. 4. Over Taxation and Social Programs. Nations around the world have begun a futile effort in over taxing their citizens. This can’t be more obvious than anyone living in Europe. At this point, most europeans are giving more than half their income to the state. As this continues to trend higher, people will break free and see bitcoin as a way to leave the current state backed fiat system. The second step will be that the state will back bitcoin. This will be a win-win for everyone. Why? because bitcoin will be more cost effective and efficient. The cost of managing a fiat backed system is not worth the effort. We already live in a digital world. Now is the time to face that fact. People around the world realize that the services they get don’t equal their tax rates. This will be a no brainer in 5–10 years. 5. Debt to GDP. No nation on earth has a solution to fixing debt to GDP. The old school ideas are to try and outgrow the debt, link your currency to Gold or assets, or trade your way out are unrealistic. the only way we have ever successfully gotten on the right track is through innovation. What do I mean? Well, Industrial Revolution, Internet adoption, etc. Realizing the Bitcoin and blockchain provide an opportunity for all nations to innovate our way from disaster is crucial. This shouldn’t be controversial, but logical. 6. Bitcoin Mining. Mining bitcoin is currently done by amateurs and a small independent companies. Yes, some are making billions, like Bitmain. However, the majority of current miners are independent people trying to mine their way out of debt. The real boom in mining will come in May 2020, after the next Bitcoin halving. I predict that when that happens we will see large scale state sponsored (or at least funded) bitcoin mining operations competing at the global scale. Think about the last gold rush and it will be comparable on the world scale. Bitcoin mining will be the number one driver of adoption in my opinion. It will succeed. Oh, It already has. 7. Decentralization of Everything. In the future everything will be decentralized or at least on a blockchain that can provide a ledger to track. Nations around the world see the practicality of decentralization and accountability because it relieves them of the stress of failing to run it. The systems will run the process. At least we hope that is the case. We haven’t really had large scale decentralized systems, exchanges, or process on a global scale. If successful, these will replace thousands of corporations current business models and the economic boom will be tremendous. Overall, I believe that an 80 Trillion dollar market cap is achievable in 15 years. Many of the things I mentioned above have to take place. We will have to replace existing systems and processes to actually reach that high of a number. It can’t be done independently. It will take everyone to make this happen. In the end I believe we will get there. The struggle is half the battle.
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      "title": "Tim Draper predicts 80 Trillion Market Cap In 15 Years",
      "body": "September 17, 2018\n\n\nBy Truthraider.com\n\nAccording to legendary investor, Tim Draper, we will see a 80 Trillion dollar market cap within 15 years. I tend to agree with him. He has many reasons to remain bullish on bitcoin. For me, the reason for such high expectations stem mainly from examining the inner working of the financial systems that would drive such a forecast. Our loyal community of bitcoin maximalists will own the coin regardless of the noise around us. What will drive the new interest and mass adoption will be a variety of factors. I will go over a few reasons that I believe make his prediction viable.\n\n1. Fiat Collapse in Emerging Markets. All across the planet nations are losing confidence in their fiat backed currencies. This is a trend that we have seen in the last few years. It is due to poor regulations, overspending, and lack of state run financial knowledge. For example, Venezuela has 40 Trillion plus in oil and is essentially a failed state. This trend will continue in all emerging markets that don’t start converting to bitcoin. It should seem very basic to not overspend, but most of the developing world always mess this up.\n\n2. Global Derivates Market. The global derivates market sits at around 1.4–2.0 Quadrillion dollars. Yes, those numbers. Not the trillions that are mentioned in the news. The reality is that their is a secondary financial layer that most don’t understand in the global banking system. This system has no possible recovery. Bitcoin is the only solution. I believe this solution was chosen a very long time ago. The name bitcoin just came in 2009. The idea of a digital currency actually came from the 1980's.\n\n3. Globalization and International Trade Costs. The cost of globalization and international trade is utterly ridiculous. The world spends hundreds of billions of dollars a year in expenses, currency swaps, and cross monetary exchange policies. These ideas and practices are from the time before computers, and especially now that we have bitcoin. Transactions should be safe and efficient. The international trade community understands this. If bitcoin isn’t efficient enough to handle this, some other blockchain project will fill the gap. The current system is an utter mess. Smart nation will lead the way, others will follow.\n\n4. Over Taxation and Social Programs. Nations around the world have begun a futile effort in over taxing their citizens. This can’t be more obvious than anyone living in Europe. At this point, most europeans are giving more than half their income to the state. As this continues to trend higher, people will break free and see bitcoin as a way to leave the current state backed fiat system. The second step will be that the state will back bitcoin. This will be a win-win for everyone. Why? because bitcoin will be more cost effective and efficient. The cost of managing a fiat backed system is not worth the effort. We already live in a digital world. Now is the time to face that fact. People around the world realize that the services they get don’t equal their tax rates. This will be a no brainer in 5–10 years.\n\n5. Debt to GDP. No nation on earth has a solution to fixing debt to GDP. The old school ideas are to try and outgrow the debt, link your currency to Gold or assets, or trade your way out are unrealistic. the only way we have ever successfully gotten on the right track is through innovation. What do I mean? Well, Industrial Revolution, Internet adoption, etc. Realizing the Bitcoin and blockchain provide an opportunity for all nations to innovate our way from disaster is crucial. This shouldn’t be controversial, but logical.\n\n6. Bitcoin Mining. Mining bitcoin is currently done by amateurs and a small independent companies. Yes, some are making billions, like Bitmain. However, the majority of current miners are independent people trying to mine their way out of debt. The real boom in mining will come in May 2020, after the next Bitcoin halving. I predict that when that happens we will see large scale state sponsored (or at least funded) bitcoin mining operations competing at the global scale. Think about the last gold rush and it will be comparable on the world scale. Bitcoin mining will be the number one driver of adoption in my opinion. It will succeed. Oh, It already has.\n\n7. Decentralization of Everything. In the future everything will be decentralized or at least on a blockchain that can provide a ledger to track. Nations around the world see the practicality of decentralization and accountability because it relieves them of the stress of failing to run it. The systems will run the process. At least we hope that is the case. We haven’t really had large scale decentralized systems, exchanges, or process on a global scale. If successful, these will replace thousands of corporations current business models and the economic boom will be tremendous.\n\nOverall, I believe that an 80 Trillion dollar market cap is achievable in 15 years. Many of the things I mentioned above have to take place. We will have to replace existing systems and processes to actually reach that high of a number. It can’t be done independently. It will take everyone to make this happen. In the end I believe we will get there. The struggle is half the battle.",
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2018/10/01 08:31:21
parent authortruthraider
parent permlinktrezor-one-was-my-first-bitcoin-hardware-wallet-purchase
authorsteemitboard
permlinksteemitboard-notify-truthraider-20181001t083122000z
title
bodyCongratulations @truthraider! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) : [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png)](http://steemitboard.com/@truthraider) Award for the number of posts published <sub>_Click on the badge to view your Board of Honor._</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steemitboard/@steemitboard/steemitboard-knock-out-by-hardfork"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmSPagmBYytsJBn8FwewvqDFRphP6swbbndADgYEsaLNkZ/image.png"></a></td><td><a href="https://steemit.com/steemitboard/@steemitboard/steemitboard-knock-out-by-hardfork">SteemitBoard knock out by hardfork</a></td></tr></table> > 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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      "permlink": "steemitboard-notify-truthraider-20181001t083122000z",
      "title": "",
      "body": "Congratulations @truthraider! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png)](http://steemitboard.com/@truthraider) Award for the number of posts published\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-knock-out-by-hardfork\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmSPagmBYytsJBn8FwewvqDFRphP6swbbndADgYEsaLNkZ/image.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-knock-out-by-hardfork\">SteemitBoard knock out by hardfork</a></td></tr></table>\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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2018/09/30 11:45:27
voterwritemore
authortruthraider
permlinktrezor-one-was-my-first-bitcoin-hardware-wallet-purchase
weight500 (5.00%)
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2018/09/30 11:42:00
parent author
parent permlinktrezor
authortruthraider
permlinktrezor-one-was-my-first-bitcoin-hardware-wallet-purchase
titleTrezor One Was My First Bitcoin Hardware Wallet Purchase
bodyby Truthraider.com I am relatively new to the bitcoin space. I often tell people this point. I started in 2017 and haven't looked back. However, I have always been a strong advocate for cyber security and the need for external hardware storage devices. This belief in internet security has served me well as I got into the bitcoin space. I spent many hours researching the best bitcoin harware wallets on the planet and came upon Trezor. I had the option of this or the Ledger Nano S, that everyone mentioned to me. I chose the Trezor One as my first device. Why a Trezor One? This is a really great question. Obviously, security is the number one reason for my purchase of a Trezor One. The Trezor uses U2F authentication and is encrypted using GPG. The support and overall interoperability with multiple computer operating systems makes this wallet a must. I use it with Apple computers and it works great. It works very conveniently within the Google Chrome internet browser to link to the hardware wallet. Also, it is password protected and encrypted. In order to transfer bitcoin you also have to verify on the device. You can't go wrong with additional security. Trezor One Holds Popular Cryptocurrencies. Another really important reason I chose the Trezor One, as my first bitcoin hardware wallet, was because it came with many additional options other than bitcoin. It also contains some of my other favorites like Litecoin, Dash, Zcash, NEM, Ethereum, Ethereum Classic, Bitcoin Cash, and ERC20's. Additionally Trezor just made a deal with the Google APP, Metamask. Now you can even link your Metamask account with your Trezor. More cryptocurrencies are in development and I expect some of my other favorites getting added within the next year. Trezor Is Trusted By Many Within The Industry. Companies big and small are drawn to the Trezor One because of its ease of use. The cryptocurrency community can be confusing for newcomers. It was for me in the beginning, as well. As soon as I purchased a Trezor it got a whole lot easier. The fact of the matter is that we need simpler solutions in order to gain adoption. This device helps solve that for many people. It makes it as easy as using a USB. You can't beat that for the price. So, in closing... I recommend everyone go to Trezor.io and check out this device. I personally use both of their models and am very happy overall with the customer service and operability of the devices. I only recommend tech that I use. You can see from my photos above. I use this daily for all my crypto trading needs. It is an all star product. By Truthraider.com
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      "title": "Trezor One Was My First Bitcoin Hardware Wallet Purchase",
      "body": "by Truthraider.com \n\nI am relatively new to the bitcoin space. I often tell people this point. I started in 2017 and haven't looked back. However, I have always been a strong advocate for cyber security and the need for external hardware storage devices. This belief in internet security has served me well as I got into the bitcoin space. I spent many hours researching the best bitcoin harware wallets on the planet and came upon Trezor. I had the option of this or the Ledger Nano S, that everyone mentioned to me. I chose the Trezor One as my first device. \n\n\nWhy a Trezor One?\n\nThis is a really great question. Obviously, security is the number one reason for my purchase of a Trezor One. The Trezor uses U2F authentication and is encrypted using GPG. The support and overall interoperability with multiple computer operating systems makes this wallet a must. I use it with Apple computers and it works great. It works very conveniently within the Google Chrome internet browser to link to the hardware wallet. Also, it is password protected and encrypted. In order to transfer bitcoin you also have to verify on the device. You can't go wrong with additional security.\n\nTrezor One Holds Popular Cryptocurrencies. \nAnother really important reason I chose the Trezor One, as my first bitcoin hardware wallet, was because it came with many additional options other than bitcoin. It also contains some of my other favorites like Litecoin, Dash, Zcash, NEM, Ethereum, Ethereum Classic, Bitcoin Cash, and ERC20's. Additionally Trezor just made a deal with the Google APP, Metamask. Now you can even link your Metamask account with your Trezor. More cryptocurrencies are in development and I expect some of my other favorites getting added within the next year. \n\n\nTrezor Is Trusted By Many Within The Industry. \n\nCompanies big and small are drawn to the Trezor One because of its ease of use. The cryptocurrency community can be confusing for newcomers. It was for me in the beginning, as well. As soon as I purchased a Trezor it got a whole lot easier. The fact of the matter is that we need simpler solutions in order to gain adoption. This device helps solve that for many people. It makes it as easy as using a USB. You can't beat that for the price. \n\n\n\nSo, in closing... \nI recommend everyone go to Trezor.io and check out this device. I personally use both of their models and am very happy overall with the customer service and operability of the devices. I only recommend tech that I use. You can see from my photos above. I use this daily for all my crypto trading needs. It is an all star product. \n\n\nBy Truthraider.com",
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2018/09/29 22:01:36
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2018/09/29 10:18:42
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2018/09/29 10:12:21
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bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://thecruzy.com/cryptography/nsa-tools-used-to-unleash-crypto-mining-malware-by-hackers/
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2018/09/29 10:12:15
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2018/09/29 10:12:09
parent author
parent permlinkbitcoin
authortruthraider
permlinknsa-tools-used-to-unleash-crypto-mining-malware-by-hackers
titleNSA Tools Used to Unleash Crypto Mining Malware by Hackers
bodyBy Elizabeth Gail at Coincentral.com ![NSA-agency-809x450.png](https://cdn.steemitimages.com/DQme2tSHDK5K6mSNSUr5JhxhDn7i4wcvbtcBqdySfb1Cmbj/NSA-agency-809x450.png) Hackers are now using software developed by the US National Security Agency (NSA) to illicitly mine cryptocurrencies. According to a recent report released by the Cyber Threat Alliance (CTA), compiled by a collective of cyber-security experts from McAfee, Cisco Talos, NTT Security, Rapid7 and Sophos, among others, crypto mining malware detections have jumped to over 400 percent within the past one and a half years. Malicious actors are hijacking computer processor resources via internet network infrastructure intrusions, and computer hacks, among other means. One of the more worrying trends is the use of an NSA exploit leaked early last year by Shadow Brokers dubbed EternalBlue. Soon after the release of its source code, cybercriminals used the tool to launch a devastating ransomware attack dubbed WannaCry, which led to over 200,000 computers being infected in over 100 countries. The British National Health Service (NHS) was one of the institutions targeted by the attack and experienced a network shutdown as a result. According to new reports, the same exploit is being used to harness crypto mining power using malware called WannaMine. Computers that have been infected can become slow or experience hardware overheating issues. However, some attacks are more sophisticated. They monitor mouse or CPU usage, and automatically pause operations when processing power goes beyond a certain threshold. This feature makes them harder to detect, allowing them to persist and ultimately generate greater returns for cyber-criminals. Generally, EternalBlue malware infections are hard to detect because of their ability to work without downloading secondary application files. How the WannaMine Crypto Mining Malware Works WannaMine is the most notorious EternalBlue-based crypto mining malware. It has been found to spread through various means. One of those is by internet users downloading counterfeit software from unofficial sources, email attachments, and by offering misleading software update prompts. It relies on Windows management tools for its operations and camouflages itself within legitimate processes. As such, it doesn’t work on Android or iOS devices. However, it allows a hacker to download and upload files to a computer, enumerate running processes, execute arbitrary commands, gather system-specific information such as IP addresses and the computer name, and allows the intruder to change some device settings. Wannamine typically uses Mimikatz, a Windows hack tool used to ‘crack’ software, to gain more system control. Originally developed by Benjamin Delpy, Mimikatz can access a computer’s passwords via its memory and enslave it to a botnet. It also has the ability to export security certificates, override Microsoft AppLocker and processes related to Software Restriction Police, as well as modify privileges. Cryptojacking Statistics The cryptojacking practice is apparently rampant and last November, statistics released by AdGuard indicted that more than 33,000 websites with a total of over 1 billion monthly visitors had cryptojacking scripts. Most didn’t bother to warn users about this. Monero is said to be the preferred cryptocurrency for cryptojacking actors mainly because of its pseudonymization features and ability to be mined using medium to low-end computers. In February, over 34,000 websites were found to be utilizing CoinHive’s JavaScript miner, which is also used to mine Monero. This was according to statistics derived from the PublicWWW search database, which can be used to reveal JavaScript snippets on websites. The CoinHive miner is a largely legitimate way of undertaking in-browser mining. Currently, only about 19,000 web pages are listed as featuring the Coinhive code. The sharp drop in websites utilizing the miner is probably in correlation with declining mining profitability. Away from Coinhive, the Smominru Monero miner has been found to be the most active in the wild, and is spread using the EternalBlue exploit. Its usage was first detected in May last year, and at the time, actors behind it were reportedly mining $8,500 worth of Monero in a week. Their botnet network consisted of over 526,000 infected nodes, which appeared to be servers located in Taiwan, Russia, and India. Protection Against Crypto Mining Attacks It is easy to protect a PC against EternalBlue-based mining malware attacks by regularly updating windows and carrying out a virus scan using Windows Defender Antivirus. PC users should also avoid using ‘cracked’ software because many create backdoor access for hackers. By Elizabeth Gail at Coincentral.com @realcoincentral
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      "title": "NSA Tools Used to Unleash Crypto Mining Malware by Hackers",
      "body": "By Elizabeth Gail at Coincentral.com \n\n![NSA-agency-809x450.png](https://cdn.steemitimages.com/DQme2tSHDK5K6mSNSUr5JhxhDn7i4wcvbtcBqdySfb1Cmbj/NSA-agency-809x450.png)\nHackers are now using software developed by the US National Security Agency (NSA) to illicitly mine cryptocurrencies. According to a recent report released by the Cyber Threat Alliance (CTA), compiled by a collective of cyber-security experts from McAfee, Cisco Talos, NTT Security, Rapid7 and Sophos, among others, crypto mining malware detections have jumped to over 400 percent within the past one and a half years.\n\nMalicious actors are hijacking computer processor resources via internet network infrastructure intrusions, and computer hacks, among other means. One of the more worrying trends is the use of an NSA exploit leaked early last year by Shadow Brokers dubbed EternalBlue.\n\nSoon after the release of its source code, cybercriminals used the tool to launch a devastating ransomware attack dubbed WannaCry, which led to over 200,000 computers being infected in over 100 countries. The British National Health Service (NHS) was one of the institutions targeted by the attack and experienced a network shutdown as a result.  \n\nAccording to new reports, the same exploit is being used to harness crypto mining power using malware called WannaMine. Computers that have been infected can become slow or experience hardware overheating issues. However, some attacks are more sophisticated. They monitor mouse or CPU usage, and automatically pause operations when processing power goes beyond a certain threshold.\n\nThis feature makes them harder to detect, allowing them to persist and ultimately generate greater returns for cyber-criminals. Generally, EternalBlue malware infections are hard to detect because of their ability to work without downloading secondary application files.\n\n\n\nHow the WannaMine Crypto Mining Malware Works\nWannaMine is the most notorious EternalBlue-based crypto mining malware. It has been found to spread through various means. One of those is by internet users downloading counterfeit software from unofficial sources, email attachments, and by offering misleading software update prompts.\n\nIt relies on Windows management tools for its operations and camouflages itself within legitimate processes. As such, it doesn’t work on Android or iOS devices. However, it allows a hacker to download and upload files to a computer, enumerate running processes, execute arbitrary commands, gather system-specific information such as IP addresses and the computer name, and allows the intruder to change some device settings.\n\nWannamine typically uses Mimikatz, a Windows hack tool used to ‘crack’ software, to gain more system control. Originally developed by Benjamin Delpy, Mimikatz can access a computer’s passwords via its memory and enslave it to a botnet. It also has the ability to export security certificates, override Microsoft AppLocker and processes related to Software Restriction Police, as well as modify privileges.\n\nCryptojacking Statistics\nThe cryptojacking practice is apparently rampant and last November, statistics released by AdGuard indicted that more than 33,000 websites with a total of over 1 billion monthly visitors had cryptojacking scripts. Most didn’t bother to warn users about this. Monero is said to be the preferred cryptocurrency for cryptojacking actors mainly because of its pseudonymization features and ability to be mined using medium to low-end computers.\n\nIn February, over 34,000 websites were found to be utilizing CoinHive’s JavaScript miner, which is also used to mine Monero. This was according to statistics derived from the PublicWWW search database, which can be used to reveal JavaScript snippets on websites.\n\nThe CoinHive miner is a largely legitimate way of undertaking in-browser mining. Currently, only about 19,000 web pages are listed as featuring the Coinhive code. The sharp drop in websites utilizing the miner is probably in correlation with declining mining profitability.\n\nAway from Coinhive, the Smominru Monero miner has been found to be the most active in the wild, and is spread using the EternalBlue exploit. Its usage was first detected in May last year, and at the time, actors behind it were reportedly mining $8,500 worth of Monero in a week. Their botnet network consisted of over 526,000 infected nodes, which appeared to be servers located in Taiwan, Russia, and India.\n\nProtection Against Crypto Mining Attacks\nIt is easy to protect a PC against EternalBlue-based mining malware attacks by regularly updating windows and carrying out a virus scan using Windows Defender Antivirus. PC users should also avoid using ‘cracked’ software because many create backdoor access for hackers.\n\n\n\nBy Elizabeth Gail at Coincentral.com \n\n@realcoincentral",
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2018/09/22 15:56:54
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2018/09/22 14:23:15
parent authortruthraider
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authorcheetah
permlinkcheetah-re-truthraiderhow-hardware-wallets-can-secure-your-cryptocurrency
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bodyHi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://coincentral.com/how-hardware-wallets-can-secure-your-cryptocurrency/
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2018/09/22 14:23:00
votercheetah
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2018/09/22 14:22:39
parent author
parent permlinkhardware
authortruthraider
permlinkhow-hardware-wallets-can-secure-your-cryptocurrency
titleHow Hardware Wallets Can Secure Your Cryptocurrency
bodyBy Paula Pettit at Coincentral.com Why Hardware Wallets? Cryptocurrency hardware wallets are physical devices (often times, USBs) that allows you to securely generate and store your private keys offline. The cryptocurrency world is still a very young and under-regulated world. With the amount of money flowing, and the lack of law enforcement still in the space, it’s not a world where you would particularly want to subject yourself to possible hacking. Often times, if funds are hacked and stolen, it can be near impossible for you to get them back. There are a couple options to consider when storing your cryptocurrency, however, few offer as much security and ease of use as hardware wallets. What is a Wallet? A cryptocurrency wallet is a medium that allows you to store, receive, and send cryptocurrency. Most tokens come with their own wallet. However, there are a multitude of third-party wallets that allow you to store a variety of tokens as well. Any wallet includes: Public and Private Keys that give you access to tokens stored on the wallet Algorithms that manage the keys and allow you to send and receive funds on the cryptocurrency network Wallets can be referred to as either “hot” or “cold”. “Hot” wallets are connected to the internet in some way, making them more vulnerable to cyber attacks. “Cold” wallets are generally more secure as they are not connected to the internet and typically require some sort of compromise to the physical device in order to be hacked. What is a Hardware Wallet? A hardware wallet is a type of “cold” storage wallet that allows you to store your funds on a device (often a USB). Hardware wallets generate their own private key (that even you don’t see) and store it right on the device. The beauty of hardware wallets is that, using pin access, they can connect to your computer and internet to allow you to easily exchange and manage your assets. However, when you are done managing your funds, you can disconnect your wallet from the internet and store it in a physically safe location – making your private keys off-limits to cyber hackers. Most hardware wallets have additional features to make them more secure and easy to use such as small screens and two-factor authentication. Setup & Using Your Hardware Wallet The setup for most hardware wallets is quite similar. To begin, you must set up your own pin code and generate “seed” words. Pin The pin acts as a second layer of protection in case anyone gets their hands on your hardware wallet. You must input your pin to access your funds on any computer. On most wallets, if the pin is input incorrectly multiple times in a row, all the data on the hardware wallet will be wiped. “Seed Words” In the event your hardware wallet becomes wiped, damaged, or lost, you can recover your funds using your list of “seed words” that were generated when setting up your wallet. You should store these seed words in a secure location separate from your wallet. Word of caution – if you buy a hardware wallet from an unauthorized distributor (not recommended), be sure to generate your own seed words upon setup to protect your funds. Recommended Hardware Wallets There are a variety of hardware wallets out on the market, however, two of the most popular and trusted are the Trezor and Ledger Nano S. Trezor The Trezor was the original hardware Bitcoin wallet on the market. It sports a small screen and generally goes for $110. The device is compatible with both desktop and mobile devices and comes with its own software interface to manage and trade your funds. The USB has physical buttons that allow you to scroll through their menus and authorize transactions. As of January 2018, Trezor can support the following coins: Bitcoin (BTC) Litecoin (LTC) DASH Zcash Bitcoin Cash / Bcash (BCH) Bitcoin Gold (BTG) Ethereum (ETH) Ethereum Classic (ETC) ERC-20 Tokens Expanse (EXP) UBIQ (UBQ) NEM (XEM) Namecoin Dogecoin Ledger Nano S The Ledger Nano S came after the Trezor but quickly gained popularity and was listed as 2017’s most popular Christmas gift. The Ledger goes for a slightly lower price of $95 as compared to the Trezor. It sports a sleeker design than the Trezor with stainless steel design and a built-in OLED-display. It has a chrome extension that allows you to easily view your account, and send and receive funds. The Ledger also has physical buttons that allow you to scroll through menus and authorize transactions. The Ledger’s biggest advantage on the Trezor is that it can support substantially more coins. As of January 2018, the Ledger can support: Bitcoin (BTC) Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH) + ERC20 Tokens Ethereum Classic (ETC) Litecoin (LTC) Dogecoin (DOGE) Zcash (ZEC) Ripple (XRP) Dash (DASH) Stratis (STRAT) Komodo (KMD) Ark (ARK) Expanse (EXP) Ubiq (UBQ) Vertcoin (VTC) Viacoin (VIA) Neo (NEO) Stealthcoin (XST) Stellar (XLM) Hcash (HSR) Digibyte (DGB) Qtum (QTUM) PivX (PIVX) PosW (POSW) Trezor & Ledger Both devices are reliable, trusted wallets and are very comparable in most aspects. Either would be a great investment and secure place to store your funds. The biggest differentiator would be comparing to find out which wallet supports most of your coins. Sign Up Now For Our Weekly Newsletter at coincentral.cm Everything crypto is changing so fast it’s hard to keep up – UNTIL NOW! Get curated news and information from leading industry experts, delivered right to your inbox and never miss another rally or flash crash. Get started today for FREE. STAY IN THE KNOW The Other Options While hardware wallets are by far the most secure way to hold your funds, there are a few alternatives that may be better suited for day traders or users with very small funds. Exchanges Exchanges are often the easiest platforms to quickly trade your assets. While they may be more simple to trade on, they are the riskiest platform to store your funds on as they manage and store all their users’ private keys for them- making them prime targets for attack. It would not be wise to store significant amounts on them, specifically if they are long-term holds. Desktop or Mobile Software Wallets Desktop or mobile wallets are downloaded to your desktop or mobile device. With these, you can only access your funds from the device to which you downloaded the wallet. However, if your device gets hacked or you get a virus, you are at risk of losing all your funds. Online Wallet Online wallets are wallets that can be accessed from any computer using your private login. While these wallets might be the most convenient to access, they are also some of the easiest to hack since the provider stores your private keys for you. Paper Wallet Since paper wallets are a type of “cold storage”, they have often been regarded as an equally secure, affordable alternative to hardware wallets. While in certain use cases they can offer as much security, their UX can be challenging and if not printed and stored properly, can be vulnerable to attacks. Because a paper wallet is completely unencrypted, malware present on your computer may be able to read your keys when you finally attempt to access your funds. To protect yourself, you must sweep (empty) your wallet and create a new key everytime you decide to access your funds. Conclusion While there are a variety of wallets and options out there, most serious crypto investors will tell you hardware wallets are the way to go. The rule of thumb is that if you’re investing more than a week’s worth of salary, it’s probably time to invest in a hardware wallet. Hardware wallets give you an extra layer of protection against cyber attacks, phishing sites, and malware. While it may be painful to shell out $100+ now for this small device, it would be a lot more painful to lose a couple thousand or more due to poor wallet security. By Paula Pettit at Coincentral.com
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      "permlink": "how-hardware-wallets-can-secure-your-cryptocurrency",
      "title": "How Hardware Wallets Can Secure Your Cryptocurrency",
      "body": "By Paula Pettit at Coincentral.com\n\nWhy Hardware Wallets?\nCryptocurrency hardware wallets are physical devices (often times, USBs) that allows you to securely generate and store your private keys offline.\n\nThe cryptocurrency world is still a very young and under-regulated world. With the amount of money flowing, and the lack of law enforcement still in the space, it’s not a world where you would particularly want to subject yourself to possible hacking. Often times, if funds are hacked and stolen, it can be near impossible for you to get them back.\n\nThere are a couple options to consider when storing your cryptocurrency, however, few offer as much security and ease of use as hardware wallets.\n\nWhat is a Wallet?\nA cryptocurrency wallet is a medium that allows you to store, receive, and send cryptocurrency. Most tokens come with their own wallet. However, there are a multitude of third-party wallets that allow you to store a variety of tokens as well.\n\nAny wallet includes:\n\nPublic and Private Keys that give you access to tokens stored on the wallet\nAlgorithms that manage the keys and allow you to send and receive funds on the cryptocurrency network\n\nWallets can be referred to as either “hot” or “cold”. “Hot” wallets are connected to the internet in some way, making them more vulnerable to cyber attacks. “Cold” wallets are generally more secure as they are not connected to the internet and typically require some sort of compromise to the physical device in order to be hacked.\n\nWhat is a Hardware Wallet?\nA hardware wallet is a type of “cold” storage wallet that allows you to store your funds on a device (often a USB). Hardware wallets generate their own private key (that even you don’t see) and store it right on the device.\n\nThe beauty of hardware wallets is that, using pin access, they can connect to your computer and internet to allow you to easily exchange and manage your assets. However, when you are done managing your funds, you can disconnect your wallet from the internet and store it in a physically safe location – making your private keys off-limits to cyber hackers.\n\nMost hardware wallets have additional features to make them more secure and easy to use such as small screens and two-factor authentication.\n\nSetup & Using Your Hardware Wallet\nThe setup for most hardware wallets is quite similar. To begin, you must set up your own pin code and generate “seed” words.\n\nPin\nThe pin acts as a second layer of protection in case anyone gets their hands on your hardware wallet. You must input your pin to access your funds on any computer. On most wallets, if the pin is input incorrectly multiple times in a row, all the data on the hardware wallet will be wiped.\n\n“Seed Words”\nIn the event your hardware wallet becomes wiped, damaged, or lost, you can recover your funds using your list of “seed words” that were generated when setting up your wallet. You should store these seed words in a secure location separate from your wallet. Word of caution – if you buy a hardware wallet from an unauthorized distributor (not recommended), be sure to generate your own seed words upon setup to protect your funds.\n\nRecommended Hardware Wallets\nThere are a variety of hardware wallets out on the market, however, two of the most popular and trusted are the Trezor and Ledger Nano S.\n\nTrezor\n\nThe Trezor was the original hardware Bitcoin wallet on the market. It sports a small screen and generally goes for $110. The device is compatible with both desktop and mobile devices and comes with its own software interface to manage and trade your funds. The USB has physical buttons that allow you to scroll through their menus and authorize transactions.\n\nAs of January 2018, Trezor can support the following coins:\n\nBitcoin (BTC)\nLitecoin (LTC)\nDASH\nZcash\nBitcoin Cash / Bcash (BCH)\nBitcoin Gold (BTG)\nEthereum (ETH)\nEthereum Classic (ETC)\nERC-20 Tokens\nExpanse (EXP)\nUBIQ (UBQ)\nNEM (XEM)\nNamecoin\nDogecoin\n\n\nLedger Nano S\n\nThe Ledger Nano S came after the Trezor but quickly gained popularity and was listed as 2017’s most popular Christmas gift. The Ledger goes for a slightly lower price of $95 as compared to the Trezor. It sports a sleeker design than the Trezor with stainless steel design and a built-in OLED-display. It has a chrome extension that allows you to easily view your account, and send and receive funds. The Ledger also has physical buttons that allow you to scroll through menus and authorize transactions.\n\nThe Ledger’s biggest advantage on the Trezor is that it can support substantially more coins. As of January 2018, the Ledger can support:\n\nBitcoin (BTC)\nBitcoin Cash (BCH)\nBitcoin Gold (BTG)\nEthereum (ETH) + ERC20 Tokens\nEthereum Classic (ETC)\nLitecoin (LTC)\nDogecoin (DOGE)\nZcash (ZEC)\nRipple (XRP)\nDash (DASH)\nStratis (STRAT)\nKomodo (KMD)\nArk (ARK)\nExpanse (EXP)\nUbiq (UBQ)\nVertcoin (VTC)\nViacoin (VIA)\nNeo (NEO)\nStealthcoin (XST)\nStellar (XLM)\nHcash (HSR)\nDigibyte (DGB)\nQtum (QTUM)\nPivX (PIVX)\nPosW (POSW)\n\nTrezor & Ledger\nBoth devices are reliable, trusted wallets and are very comparable in most aspects. Either would be a great investment and secure place to store your funds. The biggest differentiator would be comparing to find out which wallet supports most of your coins.\n\nSign Up Now For Our\nWeekly Newsletter at \ncoincentral.cm \nEverything crypto is changing so fast it’s hard to keep up – UNTIL NOW!\n\nGet curated news and information from leading industry experts, delivered right to your inbox and never miss another rally or flash crash.\n\nGet started today for FREE.\n\nSTAY IN THE KNOW\n\nThe Other Options\nWhile hardware wallets are by far the most secure way to hold your funds, there are a few alternatives that may be better suited for day traders or users with very small funds.\n\nExchanges\nExchanges are often the easiest platforms to quickly trade your assets. While they may be more simple to trade on, they are the riskiest platform to store your funds on as they manage and store all their users’ private keys for them- making them prime targets for attack. It would not be wise to store significant amounts on them, specifically if they are long-term holds.\n\nDesktop or Mobile Software Wallets\nDesktop or mobile wallets are downloaded to your desktop or mobile device. With these, you can only access your funds from the device to which you downloaded the wallet. However, if your device gets hacked or you get a virus, you are at risk of losing all your funds.\n\nOnline Wallet\nOnline wallets are wallets that can be accessed from any computer using your private login. While these wallets might be the most convenient to access, they are also some of the easiest to hack since the provider stores your private keys for you.\n\nPaper Wallet\nSince paper wallets are a type of “cold storage”, they have often been regarded as an equally secure, affordable alternative to hardware wallets. While in certain use cases they can offer as much security, their UX can be challenging and if not printed and stored properly, can be vulnerable to attacks.\n\nBecause a paper wallet is completely unencrypted, malware present on your computer may be able to read your keys when you finally attempt to access your funds. To protect yourself, you must sweep (empty) your wallet and create a new key everytime you decide to access your funds.\n\nConclusion\nWhile there are a variety of wallets and options out there, most serious crypto investors will tell you hardware wallets are the way to go. The rule of thumb is that if you’re investing more than a week’s worth of salary, it’s probably time to invest in a hardware wallet. Hardware wallets give you an extra layer of protection against cyber attacks, phishing sites, and malware. While it may be painful to shell out $100+ now for this small device, it would be a lot more painful to lose a couple thousand or more due to poor wallet security.\n\nBy Paula Pettit at Coincentral.com",
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2018/09/22 14:20:21
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2018/09/09 19:21:21
authortruthraider
permlinkwhy-tron-virtual-machine-will-dominate-global-tech-markets-september-2-2018-or-trx
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jsecoinsent 0.001 STEEM to @truthraider- "Thank you for upvoting a post about JSEcoin"
2018/09/09 16:42:36
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2018/09/08 12:37:48
parent authortruthraider
parent permlinktrezor-is-the-best-bitcoin-cold-storage-on-the-market
authorsurikowstepanuk
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title
body@truthraider, I'm interested in the same topic as you, let's spin it together. I signed on to you, I hope you'll sign up for me. Always glad to meet new people!
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      "body": "@truthraider, I'm interested in the same topic as you, let's spin it together. I signed on to you, I hope you'll sign up for me. Always glad to meet new people!",
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2018/09/08 06:52:57
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2018/09/08 06:52:54
parent authortruthraider
parent permlinktrezor-is-the-best-bitcoin-cold-storage-on-the-market
authorcoin.info
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title
body**Coins mentioned in post:** Coin | | Price (USD) | 📉 24h | 📉 7d - | - | - | - | - **BTC** | Bitcoin | 6502.912$ | _-0.46%_ | _-7.94%_ **ETH** | Ethereum | 217.626$ | _-5.41%_ | _-24.04%_ **LTC** | Litecoin | 56.539$ | _-1.63%_ | _-10.84%_ **NANO** | Nano | 2.381$ | _-4.65%_ | _-23.53%_ **XLM** | Stellar | 0.207$ | _-0.49%_ | _-8.31%_
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      "body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📉 24h | 📉 7d\n- | - | - | - | -\n**BTC** | Bitcoin | 6502.912$ | _-0.46%_ | _-7.94%_\n**ETH** | Ethereum | 217.626$ | _-5.41%_ | _-24.04%_\n**LTC** | Litecoin | 56.539$ | _-1.63%_ | _-10.84%_\n**NANO** | Nano | 2.381$ | _-4.65%_ | _-23.53%_\n**XLM** | Stellar | 0.207$ | _-0.49%_ | _-8.31%_",
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2018/09/08 06:50:57
parent author
parent permlinkbitcoin
authortruthraider
permlinktrezor-is-the-best-bitcoin-cold-storage-on-the-market
titleTrezor is the best Bitcoin cold storage on the market
bodyTrezor is the best Bitcoin cold storage on the market April 8, 2018 The best cold storage for bitcoin in 2018 is the Trezor wallet. Many people on social media talk up the Ledger Nano S, but I am not a fan. The Trezor walled does everything that I need it to do and in an efficient way. When I transfer Bitcoin or Litecoin from Binance the security protocols are very solid. I recommend this over the blockchain IOS app as well. Many people try to use their smartphones for bitcoin or Litecoin transfers. I do not recommend this to anyone that has a great amount of bitcoin. hThis opens you up to security threats. You are opening yourself up to phishing scams and hackers are learning to crack smartphone apps that trade in bitcoin. DON'T STORE BITCOIN ON A SMARTPHONE! DIVERSIFY YOUR BITCOIN STORAGE. I can't overstate the importance for anyone that HODL's to have multiple cold storage devices to protect your Bitcoin. A very wise rich man told me that the average millionaire has at least 7 sources of passive income. You might ask me why this relates to my point. Here is the reason. Let's hypothetically assume that I have 10's of Bitcoin on my Trezor wallets. If you lose a wallet or one is stolen and you only had one wallet, you'd be fucked. Having multiple devices that are providing passive income is the way to go. EXCHANGES CAN BE HACKED. Everyone knows about the Mt. Gox horror story involving millions of dollars of Bitcoin being stolen. This can happen to any exchange. This is why you need to push 10% to 15% of gains into your Trezor wallets every month. This way you diversify the locations where you store bitcoin. Every hacker on the planet wants bitcoin in 2018. Don't let that be you. The overall likelihood to be scammed or tricked on an exchange will only increase with mass adoption. TREZOR SUPPORT IS STELLAR. Another great part about Trezor is that the team actually give a shit about the product they created. They are constantly adding new tokens that provide value and wallet maintenance is superb. The Trezor team is continuing to develop with Bitcoin, Litecoin, Ethereum, and other cryptocurrencies to make the user experience better. I will say that for $100 there is no better cold storage wallet on the market to keep your bitcoin safe. I recommend purchasing a few wallets today and always keep in a safe place!
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      "title": "Trezor is the best Bitcoin cold storage on the market",
      "body": "Trezor is the best Bitcoin cold storage on the market\nApril 8, 2018\n\nThe best cold storage for bitcoin in 2018 is the Trezor wallet. Many people on social media talk up the Ledger Nano S, but I am not a fan. The Trezor walled does everything that I need it to do and in an efficient way. When I transfer Bitcoin or Litecoin from Binance the security protocols are very solid. I recommend this over the blockchain IOS app as well. Many people try to use their smartphones for bitcoin or Litecoin transfers. I do not recommend this to anyone that has a great amount of bitcoin. hThis opens you up to security threats. You are opening yourself up to phishing scams and hackers are learning to crack smartphone apps that trade in bitcoin. DON'T STORE BITCOIN ON A SMARTPHONE!\n\nDIVERSIFY YOUR BITCOIN STORAGE. I can't overstate the importance for anyone that HODL's to have multiple cold storage devices to protect your Bitcoin. A very wise rich man told me that the average millionaire has at least 7 sources of passive income. You might ask me why this relates to my point. Here is the reason. Let's hypothetically assume that I have 10's of Bitcoin on my Trezor wallets. If you lose a wallet or one is stolen and you only had one wallet, you'd be fucked. Having multiple devices that are providing passive income is the way to go. \n\nEXCHANGES CAN BE HACKED. Everyone knows about the Mt. Gox horror story involving millions of dollars of Bitcoin being stolen. This can happen to any exchange. This is why you need to push 10% to 15% of gains into your Trezor wallets every month. This way you diversify the locations where you store bitcoin. Every hacker on the planet wants bitcoin in 2018. Don't let that be you. The overall likelihood to be scammed or tricked on an exchange will only increase with mass adoption. \n\nTREZOR SUPPORT IS STELLAR. Another great part about Trezor is that the team actually give a shit about the product they created. They are constantly adding new tokens that provide value and wallet maintenance is superb. The Trezor team is continuing to develop with Bitcoin, Litecoin, Ethereum, and other cryptocurrencies to make the user experience better. \n\nI will say that for $100 there is no better cold storage wallet on the market to keep your bitcoin safe. I recommend purchasing a few wallets today and always keep in a safe place!",
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2018/09/06 12:07:21
parent author
parent permlinkbitcoin
authortruthraider
permlinkdefending-bitcoin-a-daily-journey
titleDefending Bitcoin. A Daily Journey
bodyBy Truthraider.com I will make a case for Bitcoin today. In the last two days, we have seen the mainstream financial news outlet bashing Bitcoin with epic levels of FUD. They have somehow convinced some Bitcoin owners into thinking that Goldman Sachs are directly connected to Bitcoin's growth. They have also made efforts to tie an SEC decision to the commercial viability of Bitcoin. This is utterly absurd. Yes, when they do these things it manipulates the prices. Yes, When they put out tweets people will react to them. The question is why are they covering only half of the story? The mainstream financial analysts only seem to care about the regulatory side of Bitcoin and have ignored the real growth of Bitcoin within the community created by its users. So let me explain. 1. Bitcoin Mining. The world is mining bitcoin. Not only are they mining it, they are mining it like crazy. What do you think happens after they mine it? It hits the market and is sold. It is then bought and then repeats the buy/ sell cycle. The mining aspect is virtually ignored by all news outlets. Let me give you a tip. Every smart nation on earth is mining it. They are using hydroelectricity, commercial electricity, solar, nuclear, and who knows what's next. Bitcoin mining is the future on a global and industrial scale. This should be headline news every day on Bloomberg and CNBC. It is not. Why? I have no idea. 2. Bitcoin ATM's. This used to not be a thing. At all. The projection is that between now and 2023 we will see a 54% annual growth rate just in a Bitcoin ATM market. That is only a sliver of the overall market. What it shows us is trends. Market Trends help to shape the future. 3. The Network Effect On Price. The network effect of Bitcoin and other top cryptocurrencies can not be counted out for growth. The Facebook platform was started in a dorm room based on a simple idea. It grew organically just like we see Bitcoin doing today. This is further amplified by individuals, companies, and finally nation-states. The fact is that Bitcoin has been chosen by the people of the world to be the next major currency. The effects of inflation on many of the nation's currencies are forcing them into Bitcoin because of the viral nature. Even as the prices drop, we see more people getting into the market. Now, why does the price drop so harshly? It is because, as of today, the Whales are able to push price percentages around with $1-10 Billion dollars, on a whim. In the future $10 Billion will be nothing to the price. I will be a .01 point market move. We are not there. The Network Effect through mass adoption will create an environment were moves are much more stable because everyone will be using it or bringing in more people to use it. This is just a few reasons why I stay bullish on Bitcoin. I believe that Bitcoin mining and inflation are the two overall reasons why it will be here for decades to come. The ability to mine something with high profit margins is huge for any company. Also, having Bitcoin ATMs available for people in poorer countries to purchase it is a plus for me. Finally, the Network Effect has worked many times in the past and I believe the Bitcoin family will make adoption a reality in the future. by Truthraider.com
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      "title": "Defending Bitcoin. A Daily Journey",
      "body": "By Truthraider.com\n\nI will make a case for Bitcoin today. In the last two days, we have seen the mainstream financial news outlet bashing Bitcoin with epic levels of FUD. They have somehow convinced some Bitcoin owners into thinking that Goldman Sachs are directly connected to Bitcoin's growth. They have also made efforts to tie an SEC decision to the commercial viability of Bitcoin. This is utterly absurd. Yes, when they do these things it manipulates the prices. Yes, When they put out tweets people will react to them. The question is why are they covering only half of the story? The mainstream financial analysts only seem to care about the regulatory side of Bitcoin and have ignored the real growth of Bitcoin within the community created by its users. So let me explain.\n\n1. Bitcoin Mining. The world is mining bitcoin. Not only are they mining it, they are mining it like crazy. What do you think happens after they mine it? It hits the market and is sold. It is then bought and then repeats the buy/ sell cycle. The mining aspect is virtually ignored by all news outlets. Let me give you a tip. Every smart nation on earth is mining it. They are using hydroelectricity, commercial electricity, solar, nuclear, and who knows what's next. Bitcoin mining is the future on a global and industrial scale. This should be headline news every day on Bloomberg and CNBC. It is not. Why? I have no idea. \n\n\n2. Bitcoin ATM's. This used to not be a thing. At all. The projection is that between now and 2023 we will see a 54% annual growth rate just in a Bitcoin ATM market. That is only a sliver of the overall market. What it shows us is trends. Market Trends help to shape the future. \n\n3. The Network Effect On Price. The network effect of Bitcoin and other top cryptocurrencies can not be counted out for growth. The Facebook platform was started in a dorm room based on a simple idea. It grew organically just like we see Bitcoin doing today. This is further amplified by individuals, companies, and finally nation-states. The fact is that Bitcoin has been chosen by the people of the world to be the next major currency. The effects of inflation on many of the nation's currencies are forcing them into Bitcoin because of the viral nature. \n\nEven as the prices drop, we see more people getting into the market. Now, why does the price drop so harshly? It is because, as of today, the Whales are able to push price percentages around with $1-10 Billion dollars, on a whim. In the future $10 Billion will be nothing to the price. I will be a .01 point market move. We are not there. The Network Effect through mass adoption will create an environment were moves are much more stable because everyone will be using it or bringing in more people to use it. \n\nThis is just a few reasons why I stay bullish on Bitcoin. I believe that Bitcoin mining and inflation are the two overall reasons why it will be here for decades to come. The ability to mine something with high profit margins is huge for any company. Also, having Bitcoin ATMs available for people in poorer countries to purchase it is a plus for me. Finally, the Network Effect has worked many times in the past and I believe the Bitcoin family will make adoption a reality in the future.\n\nby Truthraider.com",
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2018/09/04 11:36:57
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bodyCongratulations @truthraider! You have completed the following achievement on Steemit and have been rewarded with new badge(s) : [![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@truthraider) Award for the number of upvotes received <sub>_Click on the badge to view your Board of Honor._</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
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2018/09/04 06:51:45
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parent permlinkwhy-tron-virtual-machine-will-dominate-global-tech-markets-september-2-2018-or-trx
authorfreedomsfriend
permlinkre-truthraider-why-tron-virtual-machine-will-dominate-global-tech-markets-september-2-2018-or-trx-20180904t065145770z
title
bodyI would like to hear about them working on some more Dapps. Once the ecosystem is going I think the funds for development will flow in the directions I want to see them expand. Seeing them make partnerships and constantly promoting their product has made me really like this project. Ethereum is pretty much a legacy protocol at this point. Many coins are much faster, scaleable, have cheaper transaction and consensus costs.
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2018/09/04 06:48:30
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2018/09/02 19:51:15
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2018/09/02 19:21:30
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2018/09/02 19:21:21
parent author
parent permlinktron
authortruthraider
permlinkwhy-tron-virtual-machine-will-dominate-global-tech-markets-september-2-2018-or-trx
titleWhy TRON Virtual Machine Will Dominate Global Tech Markets September 2, 2018|TRX
bodyWhy TRON Virtual Machine Will Dominate Global Tech Markets September 2, 2018|TRX By Truthraider.com I am a Bitcoin advocate and hardliner. There is only one Bitcoin and nobody will ever change my mind. Now that we got that out of the way let's talk cryptocurrency and digital technology. I am a strong supporter of everything the Tron team is doing. I see Justin Sun's work ethic and realize he is a man on a mission. How many Alt's have their leader, out front, making moves daily. He is an true visionary and leader that will have his day in the sun. The first time I saw him livestream on Periscope, I knew that the internet had a winner. Justin Sun understands two things that I strive to achieve every day. He understands "hustle" and "volume". I have seen times where TRX price would drop while Crypto Twitter freaking out while not truly understanding what was happening. Meanwhile, he's working and sending out tweets on a new long term partnership, he just nailed. He understands that cryptocurrency has the potential to enter a multi-trillion dollar "fiat" industry. So, here a a few reasons why I back this team. @JustinSunTron @JustinSunTron 1. Tron Virtual Machine. Why should you care about this? Well, during product testing the Virtual machine recorded 49,000 transactions and improved the scalability of the TRON coin across its broad and growing network. It's basically an upgrade. They are taking the "Apple" approach to development, from my perspective. He's literally building the backbone to an entire decentralized network from scratch to increase scalability. Now, I don't really care about speed, as much as most on crypto twitter, but it's fast. They estimate the Tron network will eventually be able to conduct 1,000,000 transactions a day using this tech upgrade. This goes back to my original point that Justin Sun understands volume. Volume is the glue that will hold international cryptocurrencies together and usher in global adoption. 2. Daily Transaction Volume. The volume of the Tron network has been absolutely stunning during the bear market. It hit one-third of Ethereum's daily transaction volume in the month of August. Many of the ERC20 based tokens have come and gone. Others have failed to maintain volume, post ICO. Tron has understood since day one that they needed to build a long term platform that achieves realistic goals. This has paid dividends, as we see with the numerous partnerships. Partners equal growth and volume that will make Tron hit massive transaction levels with the market returns to the 800 Billion threshold we had last winter. @TronColony @TronColony 3. Bittorent Acquisition. This is one of the most bullish reasons to consider moving into Tron. The user base from @Bittorrent is estimated to be near a quarter of a billion people from across the planet. I've been a user of Bittorrent forever and Bram Cohem has another project coming up that will blow the socks off other areas in the cryptocurrency space. @Truthraiderhq @Truthraiderhq 4. Chia Network. Justin Sun just bought stake in Chia Network. This is the personal project of Bram Cohen and is sure to be a knockout. It is a green version of a blockchain. I have a feeling that Tron's involvement in this project will solve a mojor issue that many non-coiners believe about our industry. The whole compaint about power consumption and CO2 emmisions. Chia will crush this issue in a big way. Just Sun know this and that's why he's onboard early. I wish I was a fly on the wall of the business agreement. Chia Network @ChiaNetworkInc Chia Network 5. DAPPS. The Tron team understands how to integrate and grow using all the social media platforms. It is clear that they want to plug the TRON network into all the different programs. As of now, the growth is fairly organic and is happening with various companies across this space. I predict that in a year or two, companies are going to be begging Tron to integrate for many reasons. Profitability for failing social media sites would be one obvious reason. The DAPPS market has been dominated by Ethereum, but I see a near peer with Tron. Goseedit TRX TRON tronics tron wallet @goseedit These are just a few of the reasons I am supporting the Tron Network. At the end of the day, these guys will be major players and will take over entire industries through volume, innovation, and good old fashioned hustle. By Truthraider
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      "body": "Why TRON Virtual Machine Will Dominate Global Tech Markets\nSeptember 2, 2018|TRX\n\n\n\n\nBy Truthraider.com\n\nI am a Bitcoin advocate and hardliner. There is only one Bitcoin and nobody will ever change my mind. Now that we got that out of the way let's talk cryptocurrency and digital technology. I am a strong supporter of everything the Tron team is doing. I see Justin Sun's work ethic and realize he is a man on a mission. How many Alt's have their leader, out front, making moves daily. He is an true visionary and leader that will have his day in the sun. \n\nThe first time I saw him livestream on Periscope, I knew that the internet had a winner. Justin Sun understands two things that I strive to achieve every day. He understands \"hustle\" and \"volume\". I have seen times where TRX price would drop while Crypto Twitter freaking out while not truly understanding what was happening. Meanwhile, he's working and sending out tweets on a new long term partnership, he just nailed. He understands that cryptocurrency has the potential to enter a multi-trillion dollar \"fiat\" industry. So, here a a few reasons why I back this team.\n\n\n\n@JustinSunTron\n@JustinSunTron\n\n1. Tron Virtual Machine. Why should you care about this? Well, during product testing the Virtual machine recorded 49,000 transactions and improved the scalability of the TRON coin across its broad and growing network. It's basically an upgrade. They are taking the \"Apple\" approach to development, from my perspective. He's literally building the backbone to an entire decentralized network from scratch to increase scalability. Now, I don't really care about speed, as much as most on crypto twitter, but it's fast. They estimate the Tron network will eventually be able to conduct 1,000,000 transactions a day using this tech upgrade. This goes back to my original point that Justin Sun understands volume. Volume is the glue that will hold international cryptocurrencies together and usher in global adoption. \n\n2. Daily Transaction Volume. The volume of the Tron network has been absolutely stunning during the bear market. It hit one-third of Ethereum's daily transaction volume in the month of August. Many of the ERC20 based tokens have come and gone. Others have failed to maintain volume, post ICO. Tron has understood since day one that they needed to build a long term platform that achieves realistic goals. This has paid dividends, as we see with the numerous partnerships. Partners equal growth and volume that will make Tron hit massive transaction levels with the market returns to the 800 Billion threshold we had last winter. \n\n@TronColony\n@TronColony\n\n3. Bittorent Acquisition. This is one of the most bullish reasons to consider moving into Tron. The user base from @Bittorrent is estimated to be near a quarter of a billion people from across the planet. I've been a user of Bittorrent forever and Bram Cohem has another project coming up that will blow the socks off other areas in the cryptocurrency space. \n\n@Truthraiderhq\n@Truthraiderhq\n\n4. Chia Network. Justin Sun just bought stake in Chia Network. This is the personal project of Bram Cohen and is sure to be a knockout. It is a green version of a blockchain. I have a feeling that Tron's involvement in this project will solve a mojor issue that many non-coiners believe about our industry. The whole compaint about power consumption and CO2 emmisions. Chia will crush this issue in a big way. Just Sun know this and that's why he's onboard early. I wish I was a fly on the wall of the business agreement. \n\n\n\nChia Network @ChiaNetworkInc\nChia Network\n\n\n\n5. DAPPS. The Tron team understands how to integrate and grow using all the social media platforms. It is clear that they want to plug the TRON network into all the different programs. As of now, the growth is fairly organic and is happening with various companies across this space. I predict that in a year or two, companies are going to be begging Tron to integrate for many reasons. Profitability for failing social media sites would be one obvious reason. The DAPPS market has been dominated by Ethereum, but I see a near peer with Tron. \n\nGoseedit TRX TRON tronics tron wallet \n@goseedit\n\n\n\nThese are just a few of the reasons I am supporting the Tron Network. At the end of the day, these guys will be major players and will take over entire industries through volume, innovation, and good old fashioned hustle. \n\n \n\nBy Truthraider",
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2018/09/01 09:18:42
votercryptomikes
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2018/09/01 09:17:24
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2018/09/01 09:08:45
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authortruthraider
permlinkbitcoin-will-be-the-last-crypto-standing
titleBitcoin Will Be the Last Crypto Standing
bodyBitcoin Will Be the Last Crypto Standing September 1, 2018|BITCOIN The fact of the matter is that no force on earth can stop the rise of Bitcoin. I am not speaking about price, but rather the spreading of bitcoin globally. The bear and bull markets are something that was created by wall street and bankers many years ago. In the distant past we bartered, traded gold and silver, and exchanged services. Humanity didn't rely on the price of a stock on a regulated market to decide value. Value was provided by a service or the backing of physical assets or services. In this case, Gold and Silver, have been digitized as Bitcoin. The future is all digital. If no government entity or corporation on the planet used Bitcoin, our community still would use it. Millions of people have decided that we will use Bitcoin to transact and share the digital future. We do not need an ETF or government agency to tell us yes or no. Bitcoin can't be banned. In China, cryptocurrency is essentially illegal. However there are 100,000's of miners actively mining or buying Bitcoin. Venezuela tried to ban Bitcoin mining. 10,000's of Venezuelans are mining and buying Bitcoin. Pick a country on the planet that wants to ban Bitcoin and you will find thousands of citizens saying they don't care. You can't ban free thought and the will of people to better their lives. Bitcoin is freedom. It is not only an economic model that can be stopped by an outside entity. Now, some of you may say that their is so many illegal actions being conducted with bitcoin transactions. I find this idea laughable. In the global economy dominated by fiat currencies, we see nothing but illegality using transactions that can't be traced. A bitcoin can be traced. That is a fact. We must understand, as a society, that fiat was good in the past, but in the future everything will be digital. It would be naive for any corporation or government not to accept this fact. Printing money on a press is an archaic idea. In reality is almost every currency created on the planet is digital anyway. The circulating supply of paper fiat is actually quite small. Bitcoin mining profitablity for private citizens has a time limit. There are only 4 Million Bitcoin left to be mined on this planet. Since 2009, we have seen them being mined primarily by average people until the last few years. In the future we will see nations transition from banning mining to building large scale industrial operations. The reason is the failure of the world's currencies at a more rapid scale than many have predicted. When you judge nations based on their debt to GDP, this proves my theories true. We will see a mad rush, the likes of which, the planet hasn't seen since the discovery and use case for gold. Institutional investors will most likely wake up in 2019. The Bitcoin miner halving, in May 2020, will be the last straw for all the other hold outs. Fiat based nations will understand and FOMO into this market. Just in the last few weeks we have seen some extremely bullish news. The Nasdaq exchange will add Bitcoin and cryptocurrency options in late 2019. The SEC will most likely approve one of the ETF's in 2019, after compliance requirements are met. The IMF and G20 are getting behind "blockchain". This is essentially Bitcoin, they just don't understand that fact. Even the rapper, Eminem, mentioned Bitcoin in his latest album. Also, many of the world's billionaires are looking into Bitcoin and some probably even privately own it. In the end we will see what happens as far as pricing, but I'm here for the long haul and do not worry about such things. By Truthraider.com
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      "title": "Bitcoin Will Be the Last Crypto Standing",
      "body": "Bitcoin Will Be the Last Crypto Standing\nSeptember 1, 2018|BITCOIN\n\n\n\n\n\n\nThe fact of the matter is that no force on earth can stop the rise of Bitcoin. I am not speaking about price, but rather the spreading of bitcoin globally. The bear and bull markets are something that was created by wall street and bankers many years ago. In the distant past we bartered, traded gold and silver, and exchanged services. Humanity didn't rely on the price of a stock on a regulated market to decide value. Value was provided by a service or the backing of physical assets or services. In this case, Gold and Silver, have been digitized as Bitcoin. The future is all digital. \n\nIf no government entity or corporation on the planet used Bitcoin, our community still would use it. Millions of people have decided that we will use Bitcoin to transact and share the digital future. We do not need an ETF or government agency to tell us yes or no. Bitcoin can't be banned. In China, cryptocurrency is essentially illegal. However there are 100,000's of miners actively mining or buying Bitcoin. Venezuela tried to ban Bitcoin mining. 10,000's of Venezuelans are mining and buying Bitcoin. Pick a country on the planet that wants to ban Bitcoin and you will find thousands of citizens saying they don't care. You can't ban free thought and the will of people to better their lives. Bitcoin is freedom. It is not only an economic model that can be stopped by an outside entity. \n\nNow, some of you may say that their is so many illegal actions being conducted with bitcoin transactions. I find this idea laughable. In the global economy dominated by fiat currencies, we see nothing but illegality using transactions that can't be traced. A bitcoin can be traced. That is a fact. We must understand, as a society, that fiat was good in the past, but in the future everything will be digital. It would be naive for any corporation or government not to accept this fact. Printing money on a press is an archaic idea. In reality is almost every currency created on the planet is digital anyway. The circulating supply of paper fiat is actually quite small. \n\nBitcoin mining profitablity for private citizens has a time limit. There are only 4 Million Bitcoin left to be mined on this planet. Since 2009, we have seen them being mined primarily by average people until the last few years. In the future we will see nations transition from banning mining to building large scale industrial operations. The reason is the failure of the world's currencies at a more rapid scale than many have predicted. When you judge nations based on their debt to GDP, this proves my theories true. We will see a mad rush, the likes of which, the planet hasn't seen since the discovery and use case for gold. Institutional investors will most likely wake up in 2019. The Bitcoin miner halving, in May 2020, will be the last straw for all the other hold outs. Fiat based nations will understand and FOMO into this market.\n\nJust in the last few weeks we have seen some extremely bullish news. The Nasdaq exchange will add Bitcoin and cryptocurrency options in late 2019. The SEC will most likely approve one of the ETF's in 2019, after compliance requirements are met. The IMF and G20 are getting behind \"blockchain\". This is essentially Bitcoin, they just don't understand that fact. Even the rapper, Eminem, mentioned Bitcoin in his latest album. Also, many of the world's billionaires are looking into Bitcoin and some probably even privately own it. In the end we will see what happens as far as pricing, but I'm here for the long haul and do not worry about such things. \n\n\n\nBy Truthraider.com",
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2018/08/17 21:19:45
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2018/08/17 21:19:42
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body**Coins mentioned in post:** Coin | | Price (USD) | 📈 24h | 📉 7d - | - | - | - | - **BTC** | Bitcoin | 6500.893$ | _2.44%_ | _3.34%_ **DGB** | DigiByte | 0.027$ | _12.92%_ | _-1.13%_ **DOGE** | Dogecoin | 0.002$ | _4.72%_ | _-0.79%_ **LTC** | Litecoin | 58.814$ | _5.41%_ | _-2.76%_
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2018/08/17 17:01:36
voterdavidfnck
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2018/08/17 16:35:57
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2018/08/17 16:35:48
parent author
parent permlinkdigibyte
authortruthraider
permlinkapple-testflight-no-more-digibyte-mobile-app-now-officially-on-ios
titleApple TestFlight No More: DigiByte Mobile App Now Officially on iOS
bodyDigibyte IOS APP By Rudy Bouwman and Devin C. from the Team Digibyte In over 53 languages, taking up about 30.0 MB of space, the DigiByte App is finally officially here on iOS. Having already been successfully released on Android; now it’s moved from Apple’s “TestFlight” to the official AppStore where anyone can download it. This will allow millions to store/send/receive DigiByte and use the built in Digi-ID authentication feature (which I’ll get more into later in this article). After about 8 months of active development, the DigiByte development team has exemplified an unparalleled work ethic in creating the best mobile cryptocurrency wallet on the market. Our dev shave previously released many desktop versions which allow you to run a full node of the blockchain with only a ~10 GB download. This is much smaller than a bitcoin node, thus one of the reasons for DigiByte’s great distribution and decentralization. Without getting into specific metrics, it should be stated that the DigiByte App is an unbelievably user-friendly experience. It all melts together seamlessly. The app reminds me of an Italian supercar: marvelously smooth on the outside, yet tremendously complex under the hood. Though hardware wallets (or cold storage) are touted by many as the safest way to store your cryptocurrency, it could be argued that the DigiByte mobile wallet is just as safe. So long as you have your 12-word seed backed up offline and preferably on paper in a safe location. According to one of the app’s top developers, it’s recommended to only keep as much money as you would a normal leather wallet on the DigiByte app. Though you could theoretically keep millions of dollars’ worth of DigiByte on it if you wanted, however, it’d be safest to remove the download and backup the wallet with the seed at that point to prevent theft from potential onlookers. To crack it open the DigiByte App you’d need: 1. The PIN to the phone 2. The PIN to the DigiByte Wallet Sounds easy enough, right? Gaining access remotely is nearly impossible, assuming your phone isn’t “jailbroken”, given the serious encryption modern smart phones use. Let’s assume you give your phone to your friend, just to see if she could gain access to your DigiByte App. iPhone Lock Screen: 6-digit PIN = 10⁶ possible combinations. That’s hard enough to crack. Now for the DigiByte App: 6-digit PIN = 10⁶ possible combinations. In total, that’s 10⁶ x 10⁶=10¹² possible combinations, or one quadrillion possibilities to crack open the phone. Remember there are also a limited number of attempts allowed! What would it take to crack the private key(s) linked to your funds, or to crack the pass phrase? That would require a quantum computer of unknown magnitude, a topic Jared Tate, the founder of DigiByte, is well versed in. Jared acknowledges that quantum computing could eventually disrupt bitcoin, but a solution to the issue won’t be a priority until the Qubit count gets to threatening levels. Just know that for now, as long as you don’t share your private key(s) or pass phrase, your funds are uncrackable by even Google’s quantum computers. The ability to send, store, and receive DigiByte has never been easier. DigiByte transaction fees are currently $0.0001/transaction (that’s the mining fee). DigiByte is a mineable, decentralized coin which launched without an ICO in 2014. It’s built on a UTXO blockchain, similar to Litecoin or bitcoin in that respect. Blocks are timed at 15 seconds, meaning every 15 seconds you’ll have a confirmation of the transaction. That’s the time it takes for a new block to be found. when a new block is found, compared to every 10 minutes for bitcoin, or every 2.5 minutes for Litecoin. Transactions only take a couple seconds at most to see on the receiving end. DigiByte is at 560 transactions per second (TPS), scaling to ~280,000TPS by 2035 when all 21 billion coins are estimated to be mined. DigiByte Wallet Speed Demo (Android/iOS): https://youtu.be/vXAjMzDus2U The DigiByte App is backed by some serious technology, mainly being the blockchain itself. The DigiByte blockchain uses real-time mining difficulty adjustments, compared to bitcoin’s two-week difficulty adjustment. DigiShield is central in mitigating the risk of a centralized hashing entity overtaking the DigiByte blockchain. DigiShield technology is currently used by Bitcoin Cash, Z Cash, Dogecoin and others. DigiShield constantly re-targets a coin’s mining difficulty across 5 algorithms to allow for ASICs to mine alongside GPUs. It allows for better decentralization, preventing 51% attacks and copious amounts being mined all at once. In other coins this lag in difficulty readjustment could allow for large amounts to be mined before anyone has any idea what’s going on! The DigiByte App isn’t only involved in finance, though, as it offers Digi-ID for free! You don’t have to own or store any DGB coins in your app to use Digi-ID. But what is Digi-ID? This technology removes the necessity for passwords, usernames, and two-factor authentication (such as the Google Authenticator). Thus, alleviating the stress of remembering and storing passwords, and more importantly the possibility of identity theft. Intro to Digi-ID: https://youtu.be/pLrQycud5GI “Digi-ID is an authentication method based on the security of the DigiByte blockchain. This allows youto log into a website, application, building security and more by simply scanning or tapping on a QR code. Digi-ID does away with the need for usernames and passwords, and can be used tocompliment them for additional security.” — Digi-ID.io The exact science of Digi-ID is rather complex, so I won’t get into the specifics for the sake of time. In essence, a single use QR code is displayed by the website (assuming it has embedded a Digi-ID plug-in, available here: https://www.digi-id.io/integration.html) which your phone’s built-in QR scanner willread using the DigiByte App. Your phone will then send the website some data to authenticate yourlogin, using the same method (public address + private key combination) that the DigiByte blockchain already utilizes. All of this takes about a second once you enter your PIN on your DigiByte App tolegitimize the login on your end (adding yet another layer of security). Please remember, though, that Digi-ID addresses aren’t designed to store DGB, so don’t send anyfunds to them, as they won’t show up on the blockchain. Conclusion: The DigiByte App is a wonderful user experience. Not only does it present a new way to safely, quickly, and cheaply send your money on the go, but it also brings a revolutionary authentication system that can be easily implemented by any website. DigiByte constantly strives to underpromise and overdeliver, and the DigiByte App is no exception. Digibyte IOS APP By Rudy Bouwman and Devin C. from the Team Digibyte ![unnamed-1.png](https://cdn.steemitimages.com/DQmStChhNSyauTd8QxoFZR2rctpYiMvmXHhfWXpxPurT2v7/unnamed-1.png)![unnamed-2.png](https://cdn.steemitimages.com/DQmYpHW11kv7c83S1eh1EyoMExfyLChUGo8SD6BzFdSf5fV/unnamed-2.png)![unnamed.png](https://cdn.steemitimages.com/DQmbjNMz5NxFXgSDwWFxFHDkYQ6Vjtt3EXwgmntPt7bce4X/unnamed.png)
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      "title": "Apple TestFlight No More: DigiByte Mobile App Now Officially on iOS",
      "body": "Digibyte IOS APP\n\nBy Rudy Bouwman and Devin C. from the Team Digibyte\n\nIn over 53 languages, taking up about 30.0 MB of space, the DigiByte App is finally officially here on iOS. Having already been successfully released on Android; now it’s moved from Apple’s “TestFlight” to the official AppStore where anyone can download it. This will allow millions to store/send/receive DigiByte and use the built in Digi-ID authentication feature (which I’ll get more into later in this article). After about 8 months of active development, the DigiByte development team has exemplified an unparalleled work ethic in creating the best mobile cryptocurrency wallet on the market. Our dev shave previously released many desktop versions which allow you to run a full node of the blockchain with only a ~10 GB download. This is much smaller than a bitcoin node, thus one of the reasons for DigiByte’s great distribution and decentralization.\n\nWithout getting into specific metrics, it should be stated that the DigiByte App is an unbelievably user-friendly experience. It all melts together seamlessly. The app reminds me of an Italian supercar: marvelously smooth on the outside, yet tremendously complex under the hood.\n\nThough hardware wallets (or cold storage) are touted by many as the safest way to store your cryptocurrency, it could be argued that the DigiByte mobile wallet is just as safe. So long as you have your 12-word seed backed up offline and preferably on paper in a safe location. According to one of the app’s top developers, it’s recommended to only keep as much money as you would a normal leather wallet on the DigiByte app. Though you could theoretically keep millions of dollars’ worth of DigiByte on it if you wanted, however, it’d be safest to remove the download and backup the wallet with the seed at that point to prevent theft from potential onlookers.\n\n\nTo crack it open the DigiByte App you’d need:\n1. The PIN to the phone\n2. The PIN to the DigiByte Wallet\n\n\nSounds easy enough, right? Gaining access remotely is nearly impossible, assuming your phone isn’t “jailbroken”, given the serious encryption modern smart phones use.\n\nLet’s assume you give your phone to your friend, just to see if she could gain access to your DigiByte App. iPhone Lock Screen: 6-digit PIN = 10⁶ possible combinations. That’s hard enough to crack. Now for the DigiByte App: 6-digit PIN = 10⁶ possible combinations. In total, that’s 10⁶ x 10⁶=10¹² possible combinations, or one quadrillion possibilities to crack open the phone. Remember there are also a limited number of attempts allowed!\n\nWhat would it take to crack the private key(s) linked to your funds, or to crack the pass phrase? That would require a quantum computer of unknown magnitude, a topic Jared Tate, the founder of DigiByte, is well versed in. Jared acknowledges that quantum computing could eventually disrupt bitcoin, but a solution to the issue won’t be a priority until the Qubit count gets to threatening levels.\n\nJust know that for now, as long as you don’t share your private key(s) or pass phrase, your funds are uncrackable by even Google’s quantum computers.\n\nThe ability to send, store, and receive DigiByte has never been easier. DigiByte transaction fees are currently $0.0001/transaction (that’s the mining fee). DigiByte is a mineable, decentralized coin which launched without an ICO in 2014. It’s built on a UTXO blockchain, similar to Litecoin or bitcoin in that respect.\n\nBlocks are timed at 15 seconds, meaning every 15 seconds you’ll have a confirmation of the transaction. That’s the time it takes for a new block to be found. when a new block is found, compared to every 10 minutes for bitcoin, or every 2.5 minutes for Litecoin. Transactions only take a couple seconds at most to see on the receiving end. DigiByte is at 560 transactions per second (TPS), scaling to ~280,000TPS by 2035 when all 21 billion coins are estimated to be mined.\n\nDigiByte Wallet Speed Demo (Android/iOS): https://youtu.be/vXAjMzDus2U\n\nThe DigiByte App is backed by some serious technology, mainly being the blockchain itself. The DigiByte blockchain uses real-time mining difficulty adjustments, compared to bitcoin’s two-week difficulty adjustment. DigiShield is central in mitigating the risk of a centralized hashing entity overtaking the DigiByte blockchain. DigiShield technology is currently used by Bitcoin Cash, Z Cash, Dogecoin and others. DigiShield constantly re-targets a coin’s mining difficulty across 5 algorithms to allow for ASICs to mine alongside GPUs. It allows for better decentralization, preventing 51% attacks and copious amounts being mined all at once. In other coins this lag in difficulty readjustment could allow for large amounts to be mined before anyone has any idea what’s going on!\n\nThe DigiByte App isn’t only involved in finance, though, as it offers Digi-ID for free! You don’t have to own or store any DGB coins in your app to use Digi-ID. But what is Digi-ID? This technology removes the necessity for passwords, usernames, and two-factor authentication (such as the Google Authenticator). Thus, alleviating the stress of remembering and storing passwords, and more importantly the possibility of identity theft.\n\nIntro to Digi-ID: https://youtu.be/pLrQycud5GI\n\n“Digi-ID is an authentication method based on the security of the DigiByte blockchain. This allows youto log into a website, application, building security and more by simply scanning or tapping on a QR code. Digi-ID does away with the need for usernames and passwords, and can be used tocompliment them for additional security.” — Digi-ID.io\n\nThe exact science of Digi-ID is rather complex, so I won’t get into the specifics for the sake of time. In essence, a single use QR code is displayed by the website (assuming it has embedded a Digi-ID plug-in, available here: https://www.digi-id.io/integration.html) which your phone’s built-in QR scanner willread using the DigiByte App. Your phone will then send the website some data to authenticate yourlogin, using the same method (public address + private key combination) that the DigiByte blockchain already utilizes. All of this takes about a second once you enter your PIN on your DigiByte App tolegitimize the login on your end (adding yet another layer of security).\n\nPlease remember, though, that Digi-ID addresses aren’t designed to store DGB, so don’t send anyfunds to them, as they won’t show up on the blockchain.\nConclusion: The DigiByte App is a wonderful user experience. Not only does it present a new way to safely, quickly, and cheaply send your money on the go, but it also brings a revolutionary authentication system that can be easily implemented by any website. DigiByte constantly strives to underpromise and overdeliver, and the DigiByte App is no exception.\n\nDigibyte IOS APP\n\nBy Rudy Bouwman and Devin C. from the Team Digibyte\n\n![unnamed-1.png](https://cdn.steemitimages.com/DQmStChhNSyauTd8QxoFZR2rctpYiMvmXHhfWXpxPurT2v7/unnamed-1.png)![unnamed-2.png](https://cdn.steemitimages.com/DQmYpHW11kv7c83S1eh1EyoMExfyLChUGo8SD6BzFdSf5fV/unnamed-2.png)![unnamed.png](https://cdn.steemitimages.com/DQmbjNMz5NxFXgSDwWFxFHDkYQ6Vjtt3EXwgmntPt7bce4X/unnamed.png)",
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2018/08/17 00:08:12
parent authortruthraider
parent permlinkvenezuela-the-world-s-emerging-currencies-are-collapsing
authorsteemcleaners
permlinkre-truthraider-venezuela-the-world-s-emerging-currencies-are-collapsing-20180817t000811623z
title
body[Source](https://truthraider.com/f/venezuela-the-worlds-emerging-currencies-are-collapsing) [Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah). [More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/) If you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)
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      "body": "[Source](https://truthraider.com/f/venezuela-the-worlds-emerging-currencies-are-collapsing)\n[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. \r\n\r\nSpam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah).\r\n\r\n[More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/)\r\n\r\nIf you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)",
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2018/08/16 07:08:03
parent authortruthraider
parent permlinktron-will-be-a-crypto-market-leader
authorchecky
permlinkre-truthraider-tron-will-be-a-crypto-market-leader
titlePossible wrong mentions found
bodyHi @truthraider, I'm @checky ! While checking the mentions made in this post I noticed that @tronfoundation doesn't exist on Steem. Maybe you made a typo ? ###### If you found this comment useful, consider upvoting it to help keep this bot running. You can see a list of all available commands by replying with `!help`.
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2018/08/16 07:07:42
parent author
parent permlinktron
authortruthraider
permlinktron-will-be-a-crypto-market-leader
titleTron Will Be a Crypto Market Leader
body![tron.png](https://cdn.steemitimages.com/DQmdCQ2gWqFfLjkNmf1XsNmn2fcS3sWsskcL4nc13j4ZexA/tron.png) As many of you know by now, I am a huge Tron (TRX) fan. There are many reasons why I am a long term holder of Tron. The team, under Justin Sun, is consistently hitting home runs with partnerships, new acquisitions, and growth that can't be matched by any other current cryptocurrency in this space. I will give you a short synopsis to explain why I have such faith in this project. Don't be discouraged by the current price. When Justin Sun first launched Tron he specifically stated that the @TronFoundation would be a long term project. He has not changed his mind with regard to this vision. This is something that I really like to see. Long term commitment in the volatile bitcoin space is a breathe of fresh are for me. So, let's go over some key reasons to support the team at Tron. 1. Alibaba. Justin Sun's mentor is Alibaba Group CEO, Jack Ma. This is a major point that some people ignore when they are getting all emotional about price actions. In my view, Jack Ma is grooming Justin Sun and his team to take Tron global with some kind of a long term partnership. Employees from Alibaba Group are currently working at Tron. The most likely scenario is that Jack Ma is ensure that Justin Sun gets his business model straight before a major announcement takes place. Who knows when this will happen. However, it will happen, in my opinion. 2. Partnerships. Justin Sun is the king of cryptocurrency partnerships. Everyday that I wake up it seems that Tron has secured another partnership to their portfolio. His team is one of the hardest working and aggressive in this space. Inevitably, Tron will take the USA by storm. When this happens, look out. I could list all the partnerships, but I'll let you see for yourself. 3. Acquisitions. The Tron team continues to look for new acquisitions to grow their influence. A reasonable person would say they are doing it to increase the volume of their TRX token. Why? They have a massive amount of coins and if you can make deals with companies that have millions of customers that negates this issue. For example, Tron acquired @BitTorrent recently. It is estimated that up to 250 Million customers access Bittorrent. This is a long term play. If Tron can make this work, the volume will be epic. 4. Social Media Accumen. It is not a great vision and a working mainnet that set Tron apart. The team at Tron have the best social media presence, period. There is no other cryptocurrency on the planet that markets and advertises like Tron. In the asian markets they dominate. If you can't see the potential for their social media empire, you're missing the boat. Just like early visionaries that saw the potential of Apple or IBM, I see the potential of Tron. There are dozens of other reasons to back Tron. In the end, you should do your own research and come to your own conclusions. I think that Tron is a disruptive technology, not unlike smartphone adoption. Bitcoin will always be around, but Tron will end up being the next Microsoft or Facebook. It may take ten years, but I'll be here for the ride. By Truthraider.com @TronFoundation @JustinSunTron @Bittorrent
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      "body": "![tron.png](https://cdn.steemitimages.com/DQmdCQ2gWqFfLjkNmf1XsNmn2fcS3sWsskcL4nc13j4ZexA/tron.png)\n\nAs many of you know by now, I am a huge Tron (TRX) fan. There are many reasons why I am a long term holder of Tron. The team, under Justin Sun, is  consistently hitting home runs with partnerships, new acquisitions, and growth that can't be matched by any other current cryptocurrency in this space. I will give you a short synopsis to explain why I have such faith in this project. Don't be discouraged by the current price. When Justin Sun first launched Tron he specifically stated that the @TronFoundation would be a long term project. He has not changed his mind with regard to this vision. This is something that I really like to see. Long term commitment in the volatile bitcoin space is a breathe of fresh are for me. So, let's go over some key reasons to support the team at Tron. \n\n1. Alibaba. Justin Sun's mentor is Alibaba Group CEO, Jack Ma. This is a major point that some people ignore when they are getting all emotional about price actions. In my view, Jack Ma is grooming Justin Sun and his team to take Tron global with some kind of a long term partnership. Employees from Alibaba Group are currently working at Tron. The most likely scenario is that Jack Ma is ensure that Justin Sun gets his business model straight before a major announcement takes place. Who knows when this will happen. However, it will happen, in my opinion. \n\n2. Partnerships. Justin Sun is the king of cryptocurrency partnerships. Everyday that I wake up it seems that Tron has secured another partnership to their portfolio. His team is one of the hardest working and aggressive in this space. Inevitably, Tron will take the USA by storm. When this happens, look out. I could list all the partnerships, but I'll let you see for yourself. \n\n3. Acquisitions. The Tron team continues to look for new acquisitions to grow their influence. A reasonable person would say they are doing it to increase the volume of their TRX token. Why? They have a massive amount of coins and if you can make deals with companies that have millions of customers that negates this issue. For example, Tron acquired @BitTorrent recently. It is estimated that up to 250 Million customers access Bittorrent. This is a long term play. If Tron can make this work, the volume will be epic. \n\n4. Social Media Accumen. It is not a great vision and a working mainnet that set Tron apart. The team at Tron have the best social media presence, period. There is no other cryptocurrency on the planet that markets and advertises like Tron. In the asian markets they dominate. If you can't see the potential for their social media empire, you're missing the boat. Just like early visionaries that saw the potential of Apple or IBM, I see the potential of Tron.\nThere are dozens of other reasons to back Tron. In the end, you should do your own research and come to your own conclusions. I think that Tron is a disruptive technology, not unlike smartphone adoption. Bitcoin will always be around, but Tron will end up being the next Microsoft or Facebook. It may take ten years, but I'll be here for the ride. \n\nBy Truthraider.com \n\n@TronFoundation @JustinSunTron @Bittorrent",
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2018/08/15 10:14:24
parent author
parent permlinkbitcoin
authortruthraider
permlinksecrets-of-bitcoin-exchanges-by-truthraider-com
titleSecrets of Bitcoin Exchanges By Truthraider.com
bodyThere are many excellent exchanges on the internet. I would say my two preferred ones are Kucoin and Binance. I am excluding Coinbase, as I do not use it as frequently these days There is a dark underbelly of Bitcoin markets that needs to be exposed for all to see. When you deposit your Bitcoin into a bad exchange, you are risking your investment. Most of us are using smaller exchanges in order to buy an Alt Coin. I am a believer paying for services rendered. However, most exchanges are screwing us big time by lack of transparency. I will explain a few ways that we are getting ripped off across this space. Most of this tricks, of the Bitcoin Exchange trade, cater to Bitcoin and cryptocurrency newcomers. I was not immune to Bitcoin Exchange tricks. 1. Withdrawal Fees Are Crazy! The fees vary depending on the exchange you are using. I posted a screenshot of my account to show you one exchanges charges fees of .001 Satoshis to withdraw your BTC. That is insane! It adds up to over $10 just for that transaction. If you withdraw an Altcoin, they take an enormous amount of your asset too. The exchanges will tell you about this when registering. I am sure it is legally in the small print somewhere. They basically assume that it is your own fault for depositing Bitcoin into their exchange. As far as I know, we don't have a registry for transaction fees for the hundreds of exchanges. We need this service to protect us from bad business practices. We need something like when you set up a 401K and they basically tell you up front what to expect. A one pager, if you will. 2. Exchanges Set a Minimum Bitcoin Withdrawal Amount. The second ridiculous part of Bitcoin exchanges that they have minimum amounts of Bitcoin that you can withdraw. In this case you must own 1 Bitcoin and the fee is .001. So, I have BTC left over in my account that I can't trade and/or use without continuing with their service. If you times this issue by millions of new users that don't understand Bitcoin and exchanges, we have a serious issue. 3. Lost Bitcoin Due to Account Access Problems. The most recent Bitcoin exchange saga has been with HitBtc. Their high fees and security issues even enraged Bitcoin pioneer, John Mcaffee. He set Twitter on fire with the public fight regarding the exchange's business practices. One user's mom still couldn't get access to her account after providing every possible identification possible. Three months trying to get access is insane. One user hasn't been able to get his account back since 2015. He lost 18 Bitcoin. You would think a billion dollar company could solve this issue. I was even locked out of Coinbase for a few months. during the last surge. I had to put in over a dozen telephone and written complaints to finally get my account unlocked. 4. Bitcoin Security. Overall, there are many issues, with the Bitcoin exchange security measures, in place today. According to some estimates online, anywhere from 2-4 million Bitcoin have already been lost or stolen. If you do the math that equates to $32,716,000,000, potentially lost to date. We need to crack down on markets security protocols. We must embrace future technology to prevent hackers from getting into accounts. Stay tuned for more articles on Bitcoin in the near future! Truthraider.com
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      "body": "There are many excellent exchanges on the internet. I would say my two preferred ones are Kucoin and Binance. I am excluding Coinbase, as I do not use it as frequently these days There is a dark underbelly of Bitcoin markets that needs to be exposed for all to see. When you deposit your Bitcoin into a bad exchange, you are risking your investment. Most of us are using smaller exchanges in order to buy an Alt Coin. I am a believer paying for services rendered. However, most exchanges are screwing us big time by lack of transparency. I will explain a few ways that we are getting ripped off across this space. Most of this tricks, of the Bitcoin Exchange trade, cater to Bitcoin and cryptocurrency newcomers. I was not immune to Bitcoin Exchange tricks. \n\n1. Withdrawal Fees Are Crazy! \nThe fees vary depending on the exchange you are using. I posted a screenshot of my account to show you one exchanges charges fees of .001 Satoshis to withdraw your BTC. That is insane! It adds up to over $10 just for that transaction. If you withdraw an Altcoin, they take an enormous amount of your asset too. The exchanges will tell you about this when registering. I am sure it is legally in the small print somewhere. They basically assume that it is your own fault for depositing Bitcoin into their exchange. As far as I know, we don't have a registry for transaction fees for the hundreds of exchanges. We need this service to protect us from bad business practices. We need something like when you set up a 401K and they basically tell you up front what to expect. A one pager, if you will. \n\n2. Exchanges Set a Minimum Bitcoin Withdrawal Amount.\nThe second ridiculous part of Bitcoin exchanges that they have minimum amounts of Bitcoin that you can withdraw. In this case you must own 1 Bitcoin and the fee is .001. So, I have BTC left over in my account that I can't trade and/or use without continuing with their service. If you times this issue by millions of new users that don't understand Bitcoin and exchanges, we have a serious issue. \n\n3. Lost Bitcoin Due to Account Access Problems.\nThe most recent Bitcoin exchange saga has been with HitBtc. Their high fees and security issues even enraged Bitcoin pioneer, John Mcaffee. He set Twitter on fire with the public fight regarding the exchange's business practices. One user's mom still couldn't get access to her account after providing every possible identification possible. Three months trying to get access is insane. \n\nOne user hasn't been able to get his account back since 2015. He lost 18 Bitcoin. You would think a billion dollar company could solve this issue. I was even locked out of Coinbase for a few months. during the last surge. I had to put in over a dozen telephone and written complaints to finally get my account unlocked.\n\n4. Bitcoin Security. \nOverall, there are many issues, with the Bitcoin exchange security measures, in place today. According to some estimates online, anywhere from 2-4 million Bitcoin have already been lost or stolen. If you do the math that equates to $32,716,000,000, potentially lost to date. We need to crack down on markets security protocols. We must embrace future technology to prevent hackers from getting into accounts. \n\nStay tuned for more articles on Bitcoin in the near future!\nTruthraider.com",
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2018/08/15 10:09:18
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2018/08/15 09:50:30
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2018/08/15 09:50:15
parent authormusalibre
parent permlinkre-truthraider-venezuela-the-world-s-emerging-currencies-are-collapsing-20180814t202706948z
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permlinkre-musalibre-re-truthraider-venezuela-the-world-s-emerging-currencies-are-collapsing-20180815t095015460z
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bodyThanks!
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2018/08/14 20:55:39
votercryptotravelduo
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steemdelegated 18.532 SP to @truthraider
2018/08/14 20:39:06
delegatorsteem
delegateetruthraider
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2018/08/14 20:27:06
parent authortruthraider
parent permlinkvenezuela-the-world-s-emerging-currencies-are-collapsing
authormusalibre
permlinkre-truthraider-venezuela-the-world-s-emerging-currencies-are-collapsing-20180814t202706948z
title
bodyHi, @truthraider Follow me!
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2018/08/14 20:25:54
voterfastresteem
authortruthraider
permlinkvenezuela-the-world-s-emerging-currencies-are-collapsing
weight100 (1.00%)
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2018/08/14 20:25:39
parent author
parent permlinkdigibyte
authortruthraider
permlinkvenezuela-the-world-s-emerging-currencies-are-collapsing
titleVenezuela: The World's Emerging Currencies are Collapsing.
bodyVenezuela needs to make Digibyte the national backed currency and get rid of your fiat. Venezuela should also allow POS products to be used in every business in the nation. Pass a law for this to occur. Then buy a ton of Crypo Currency ATM's so people can access crypto nationwide with ease. Thirdly, allow bitcoin exchanges and mining to occur in the country. Every mining rig produces liquid assets than could be used for purchasing goods and services throughout Venezuela. Your country should be an economic powerhouse based on oil alone. The government has no food to give out to the poor and destitute. The middle class has also been wiped out. A black market currency exchange and underground crypto mining and trading has popped up all over the country to counter the high inflation rates. This is the trending action many other countries throughout Africa, Asia, and the Middle East have taken. Every day we hear news of crackdowns on "illegal" mining operations and crypto companies being shut down so that people will believe in the national fiat currency. Humans are not dumb though, especially when they are hungry. It is clear that we must come up with innovative solutions to solve these issues. I think options like Digibyte, Pundi X, Crypto Currency ATM's, and Bitcoin provide some real ways to save the country. So, like I said before, make Digibyte the national backed currency and get rid of your fiat. It can have old backing as well. Venezuela should allow POS products to be used in every business in the nation. Pass a law for this to occur. Then buy a ton of Crypo Currency ATM's so people can access crypto nationwide. Thirdly, allow bitcoin exchanges and mining to occur in the country. Every mining rig produces liquid assets than could be used for purchasing goods and services throughout Venezuela. Your country should be an economic powerhouse based on oil alone. Until the government realizes that Crypto Currencies are the only escape route, they will never fix the issue. They are sitting on trillion in oil, but they need a liquid digital currency asset to make that money flow internationally. This is a no brainer and hopefully they figure this out soon so people can go back to eating and providing for their families.
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2018/08/14 20:23:09
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truthraiderupdated their account properties
2018/08/14 20:21:39
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steemcreated a new account: @truthraider
2018/08/14 20:17:06
fee0.100 STEEM
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creatorsteem
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Account Metadata

POSTING JSON METADATA
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Auth Keys

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Single Signature
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Active
Single Signature
Public Keys
STM7nZ3fK7WDLZjvThN4qmrdrzTuci848tRkn2CZK3B1SRoYKC4Vh1/1
Posting
Single Signature
Public Keys
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Memo
STM6QK3yH5xxPB7wVLehnQCvDTQsSUkLxieGRg4SZqK6G6Kd8LqDF
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Witness Votes

0 / 30
No active witness votes.
[]