Cost of mining (electricity) vs. value of bitcoin : Bitcoin

Do you think most miners are still profitable after the recent price drops? Data from TokenInsight shows that some efficient miners incur an electricity cost of $1,400 per bitcoin mined.

Do you think most miners are still profitable after the recent price drops? Data from TokenInsight shows that some efficient miners incur an electricity cost of $1,400 per bitcoin mined. submitted by johnleequigley1 to BitcoinMining [link] [comments]

A Detailed Summary of Every Single Reason Why I am Bullish on Ethereum

The following will be a list of the many reasons why I hold and am extremely bullish on ETH.

This is an extremely long post. If you just want the hopium without the detail, read the TL;DR at the bottom.

ETH 2.0

As we all know, ETH 2.0 phase 0 is right around the corner. This will lock up ETH and stakers will earn interest on their ETH in return for securing the network. Next comes phase 1 where the ETH 2 shards are introduced, shards are essentially parallel blockchains which are each responsible for a different part of Ethereum’s workload, think of it like a multi-core processor vs a single core processor. During phase 1, these shards will only act as data availability layers and won’t actually process transactions yet. However, their data can be utilised by the L2 scaling solution, rollups, increasing Ethereum’s throughput in transactions per second up to 100,000 TPS.
After phase 1 comes phase 1.5 which will move the ETH 1.0 chain into an ETH 2 shard and Ethereum will be fully secured by proof of stake. This means that ETH issuance will drop from around 5% per year to less than 1% and with EIP-1559, ETH might become a deflationary asset, but more on that later.
Finally, with ETH 2.0 phase two, each shard will be fully functional chains. With 64 of them, we can expect the base layer of Ethereum to scale around 64x, not including the massive scaling which comes from layer 2 scaling solutions like rollups as previously mentioned.
While the scaling benefits and ETH issuance reduction which comes with ETH 2.0 will be massive, they aren’t the only benefits. We also get benefits such as increased security from PoS compared to PoW, a huge energy efficiency improvement due to the removal of PoW and also the addition of eWASM which will allow contracts to be programmed in a wide range of programming languages, opening the floodgates for millions of web devs who want to be involved in Ethereum but don’t know Ethereum’s programming language, Solidity.

EIP-1559 and ETH scarcity

As I covered in a previous post of mine, ETH doesn’t have a supply cap like Bitcoin. Instead, it has a monetary policy of “minimum viable issuance”, not only is this is a good thing for network security, but with the addition of EIP-1559, it leaves the door open to the possibility of ETH issuance going negative. In short, EIP-1559 changes the fee market to make transaction prices more efficient (helping to alleviate high gas fees!) by burning a variable base fee which changes based on network usage demand rather than using a highest bidder market where miners simply include who pays them the most. This will result in most of the ETH being paid in transaction fees being burned. As of late, the amount which would be burned if EIP-1559 was in Ethereum right now would make ETH a deflationary asset!

Layer 2 Scaling

In the mean time while we are waiting for ETH 2.0, layer 2 scaling is here. Right now, projects such as Deversifi or Loopring utilise rollups to scale to thousands of tx/s on their decentralised exchange platforms or HoneySwap which uses xDai to offer a more scalable alternative to UniSwap. Speaking of which, big DeFi players like UniSwap and Synthetix are actively looking into using optimistic rollups to scale while maintaining composability between DeFi platforms. The most bullish thing about L2 scaling is all of the variety of options. Here’s a non exhaustive list of Ethereum L2 scaling solutions: - Aztec protocol (L2 scaling + privacy!) - ZKSync - Loopring - Raiden - Arbitrum Rollups - xDai - OMGNetwork - Matic - FuelLabs - Starkware - Optimism - Celer Network - + Many more

DeFi and Composability

If you’re reading this, I am sure you are aware of the phenomena which is Decentralised Finance (DeFi or more accurately, open finance). Ethereum is the first platform to offer permissionless and immutable financial services which when interacting with each other, lead to unprecedented composability and innovation in financial applications. A whole new world of possibilities are opening up thanks to this composability as it allows anyone to take existing pieces of open source code from other DeFi projects, put them together like lego pieces (hence the term money legos) and create something the world has never seen before. None of this was possible before Ethereum because typically financial services are heavily regulated and FinTech is usually proprietary software, so you don’t have any open source lego bricks to build off and you have to build everything you need from scratch. That is if what you want to do is even legal for a centralised institution!
Oh, and if you think that DeFi was just a fad and the bubble has popped, guess again! Total value locked in DeFi is currently at an all time high. Don’t believe me? Find out for yourself on the DeFi Pulse website.

NFTs and tokeniation

NFTs or “Non-Fungible Tokens” - despite the name which may confuse a layman - are a basic concept. They are unique tokens with their own unique attributes. This allows you to create digital art, human readable names for your ETH address (see ENS names and unstoppable domains), breedable virtual collectible creatures like crypto kitties, ownable in game assets like Gods Unchained cards or best of all in my opinion, tokenised ownership of real world assets which can even be split into pieces (this doesn’t necessarily require an NFT. Fungible tokens can be/are used for some of the following use cases). This could be tokenised ownership of real estate (see RealT), tokenised ownership of stocks, bonds and other financial assets (which by the way makes them tradable 24/7 and divisible unlike through the traditional system) or even tokenised ownership of the future income of a celebrity or athlete (see when NBA player Spencer Dinwiddie tokenized his own NBA contract.)

Institutional Adoption

Ethereum is by far the most widely adopted blockchain by enterprises. Ethereum’s Enterprise Ethereum Alliance (EEA) is the largest blockchain-enterprise partnership program and Ethereum is by far the most frequently leveraged blockchain for proof of concepts and innovation in the blockchain space by enterprises. Meanwhile, there are protocols like the Baseline protocol which is a shared framework which allows enterprises to use Ethereum as a common frame of reference and a base settlement layer without having to give up privacy when settling on the public Ethereum mainnet. This framework makes adopting Ethereum much easier for other enterprises.

Institutional Investment

One of Bitcoin’s biggest things it has going for it right now is the growing institutional investment. In case you were wondering, Ethereum has this too! Grayscale offers investment in the cryptocurrency space for financial institutions and their Ethereum fund has already locked up more than 2% of the total supply of ETH. Not only this, but as businesses transact on Ethereum and better understand it, not only will they buy up ETH to pay for their transactions, but they will also realise that much like Bitcoin, Ethereum is a scarce asset. Better yet, a scarce asset which offers yield. As a result, I expect to see companies having ETH holdings become the norm just like how Bitcoin is becoming more widespread on companies’ balance sheets.

The state of global markets

With asset prices in almost every asset class at or near all-time highs and interest rates lower than ever and even negative in some cases, there really aren’t many good opportunities in the traditional financial system right now. Enter crypto - clearly the next evolution of financial services (as I explained in the section on DeFi earlier in this post), with scarce assets built in at the protocol layer, buying BTC or ETH is a lot like buying shares in TCP/IP in 1990 (that is if the underlying protocols of the internet could be invested in which they couldn’t). Best of all, major cryptos are down from their all-time highs anywhere between 35% for BTC or 70% for ETH and much more for many altcoins. This means that they can significantly appreciate in value before entering uncharted, speculative bubble territory.
While of course we could fall dramatically at any moment in the current macro financial conditions, as a longer term play, crypto is very alluring. The existing financial system has shown that it is in dire need of replacing and the potential replacement has started rearing its head in the form of crypto and DeFi.

Improvements in user onboarding and abstracting away complexity

Ethereum has started making huge leaps forward in terms of usability for the end user. We now have ENS names and unstoppable domains which allow you to send ETH to yournamehere.ETH or TrickyTroll.crypto (I don’t actually have that domain, that’s just an example). No longer do you have to check every character of your ugly hexadecimal 0x43AB96D… ETH address to ensure you’re sending your ETH to the right person. We also have smart contract wallets like Argent wallet or the Gnosis safe. These allow for users to access their wallets and interact with DeFi self-custodially from an app on their phone without having to record a private key or recovery phrase. Instead, they offer social recovery and their UI is straight forward enough for anyone who uses a smart phone to understand. Finally, for the more experienced users, DApps like Uniswap have pretty, super easy to use graphical user interfaces and can be used by anyone who knows how to run and use a browser extension like Metamask.

The lack of an obvious #1 ETH killer

One of Ethereum’s biggest threats is for it to be overthrown by a so-called “Ethereum killer” blockchain which claims to do everything Ethereum can do and sometimes more. While there are competitors which are each formidable to a certain extent such as Polkadot, Cardano and EOS, each have their own weaknesses. For example, Polkadot and Cardano are not fully operational yet and EOS is much more centralised than Ethereum. As a result, none of these competitors have any significant network effects just yet relative to the behemoth which is Ethereum. This doesn’t mean that these projects aren’t a threat. In fact, I am sure that projects like Polkadot (which is more focused on complimenting Ethereum than killing it) will take a slice out of Ethereum’s pie. However, I am still very confident that Ethereum will remain on top due to the lack of a clear number 2 smart contract platform. Since none of these ETH killers stands out as the second place smart contract platform, it makes it much harder for one project to create a network effect which even begins to threaten Ethereum’s dominance. This leads me onto my next reason - network effects.

Network effects

This is another topic which I made a previous post on. The network effect is why Bitcoin is still the number one cryptocurrency and by such a long way. Bitcoin is not the most technologically advanced cryptocurrency. However, it has the most widespread name recognition and the most adoption in most metrics (ETH beats in in some metrics these days). The network effect is also why most people use Zoom and Facebook messengeWhatsApp despite the existence of free, private, end to end encrypted alternatives which have all the same features (Jitsi for the zoom alternative and Signal for the private messenger app. I highly recommend both. Let’s get their network effects going!). It is the same for Bitcoin. People don’t want to have to learn about or set up a wallet for alternative options. People like what is familiar and what other people use. Nobody wants to be “that guy” who makes you download yet another app and account you have to remember the password/private key for. In the same way, Enterprises don’t want to have to create a bridge between their existing systems and a dozen different blockchains. Developers don’t want to have to create DeFi money legos from scratch on a new chain if they can just plug in to existing services like Uniswap. Likewise, users don’t want to have to download another browser extension to use DApps on another chain if they already use Ethereum. I know personally I have refrained from investing in altcoins because I would have to install another app on my hardware wallet or remember another recovery phrase.
Overthrowing Ethereum’s network effect is one hell of a big task these days. Time is running out for the ETH killers.

Ethereum is the most decentralised and provably neutral smart contract platform

Ethereum is also arguably the most decentralised and provably neutral smart contract platform (except for maybe Ethereum Classic on the neutrality part). Unlike some smart contract platforms, you can’t round up everyone at the Ethereum Foundation or any select group of people and expect to be able to stop the network. Not only this, but the Ethereum foundation doesn’t have the ability to print more ETH or push through changes as they wish like some people would lead you on to believe. The community would reject detrimental EIPs and hard fork. Ever since the DAO hack, the Ethereum community has made it clear that it will not accept EIPs which attempt to roll back the chain even to recover hacked funds (see EIP-999).
Even if governments around the world wanted to censor the Ethereum blockchain, under ETH 2.0’s proof of stake, it would be incredibly costly and would require a double digit percentage of the total ETH supply, much of which would be slashed (meaning they would lose it) as punishment for running dishonest validator nodes. This means that unlike with proof of work where a 51% attacker can keep attacking the network, under proof of stake, an attacker can only perform the attack a couple of times before they lose all of their ETH. This makes attacks much less financially viable than it is on proof of work chains. Network security is much more than what I laid out above and I am far from an expert but the improved resistance to 51% attacks which PoS provides is significant.
Finally, with the US dollar looking like it will lose its reserve currency status and the existing wire transfer system being outdated, superpowers like China won’t want to use US systems and the US won’t want to use a Chinese system. Enter Ethereum, the provably neutral settlement layer where the USA and China don’t have to trust each other or each other’s banks because they can trust Ethereum. While it may sound like a long shot, it does make sense if Ethereum hits a multi-trillion dollar market cap that it is the most secure and neutral way to transfer value between these adversaries. Not to mention if much of the world’s commerce were to be settled in the same place - on Ethereum - then it would make sense for governments to settle on the same platform.

ETH distribution is decentralised

Thanks to over 5 years of proof of work - a system where miners have to sell newly minted ETH to pay for electricity costs - newly mined ETH has found its way into the hands of everyday people who buy ETH off miners selling on exchnages. As pointed out by u/AdamSC1 in his analysis of the top 10K ETH addresses (I highly recommend reading this if you haven’t already), the distribution of ETH is actually slightly more decentralised than Bitcoin with the top 10,000 ETH wallets holding 56.70% of ETH supply compared to the top 10,000 Bitcoin wallets which hold 57.44% of the Bitcoin supply. This decentralised distribution means that the introduction of staking won’t centralise ETH in the hands of a few wallets who could then control the network. This is an advantage for ETH which many proof of stake ETH killers will never have as they never used PoW to distribute funds widely throughout the community and these ETH killers often did funding rounds giving large numbers of tokens to VC investors.

The community

Finally, while I may be biased, I think that Ethereum has the friendliest community. Anecdotally, I find that the Ethereum developer community is full of forward thinking people who want to make the world a better place and build a better future, many of whom are altruistic and don’t always act in their best interests. Compare this to the much more conservative, “at least we’re safe while the world burns” attitude which many Bitcoiners have. I don’t want to generalise too much here as the Bitcoin community is great too and there are some wonderful people there. But the difference is clear if you compare the daily discussion of Bitcoin to the incredibly helpful and welcoming daily discussion of EthFinance who will happily answer your noob questions without calling you an idiot and telling you to do you own research (there are plenty more examples in any of the daily threads). Or the very helpful folks over at EthStaker who will go out of their way to help you set up an ETH 2.0 staking node on the testnets (Shoutout to u/superphiz who does a lot of work over in that sub!). Don’t believe me? Head over to those subs and see for yourself.
Please don’t hate on me if you disagree about which project has the best community, it is just my very biased personal opinion and I respect your opinion if you disagree! :)

TL;DR:

submitted by Tricky_Troll to CryptoCurrency [link] [comments]

A Detailed Summary of Every Single Reason Why I am Bullish on ETH.

The following will be a list of the many reasons why I hold and am extremely bullish on ETH.

This is an extremely long post. If you just want the hopium without the detail, read the TL;DR at the bottom.

ETH 2.0

As we all know, ETH 2.0 phase 0 is right around the corner. This will lock up ETH and stakers will earn interest on their ETH in return for securing the network. Next comes phase 1 where the ETH 2 shards are introduced, shards are essentially parallel blockchains which are each responsible for a different part of Ethereum’s workload, think of it like a multi-core processor vs a single core processor. During phase 1, these shards will only act as data availability layers and won’t actually process transactions yet. However, their data can be utilised by the L2 scaling solution, rollups, increasing Ethereum’s throughput in transactions per second up to 100,000 TPS.
After phase 1 comes phase 1.5 which will move the ETH 1.0 chain into an ETH 2 shard and Ethereum will be fully secured by proof of stake. This means that ETH issuance will drop from around 5% per year to less than 1% and with EIP-1559, ETH might become a deflationary asset, but more on that later.
Finally, with ETH 2.0 phase two, each shard will be fully functional chains. With 64 of them, we can expect the base layer of Ethereum to scale around 64x, not including the massive scaling which comes from layer 2 scaling solutions like rollups as previously mentioned.
While the scaling benefits and ETH issuance reduction which comes with ETH 2.0 will be massive, they aren’t the only benefits. We also get benefits such as increased security from PoS compared to PoW, a huge energy efficiency improvement due to the removal of PoW and also the addition of eWASM which will allow contracts to be programmed in a wide range of programming languages, opening the floodgates for millions of web devs who want to be involved in Ethereum but don’t know Ethereum’s programming language, Solidity.

EIP-1559 and ETH scarcity

As I covered in a previous post of mine, ETH doesn’t have a supply cap like Bitcoin. Instead, it has a monetary policy of “minimum viable issuance”, not only is this is a good thing for network security, but with the addition of EIP-1559, it leaves the door open to the possibility of ETH issuance going negative. In short, EIP-1559 changes the fee market to make transaction prices more efficient (helping to alleviate high gas fees!) by burning a variable base fee which changes based on network usage demand rather than using a highest bidder market where miners simply include who pays them the most. This will result in most of the ETH being paid in transaction fees being burned. As of late, the amount which would be burned if EIP-1559 was in Ethereum right now would make ETH a deflationary asset!

Layer 2 Scaling

In the mean time while we are waiting for ETH 2.0, layer 2 scaling is here. Right now, projects such as Deversifi or Loopring utilise rollups to scale to thousands of tx/s on their decentralised exchange platforms or HoneySwap which uses xDai to offer a more scalable alternative to UniSwap. Speaking of which, big DeFi players like UniSwap and Synthetix are actively looking into using optimistic rollups to scale while maintaining composability between DeFi platforms. The most bullish thing about L2 scaling is all of the variety of options. Here’s a non exhaustive list of Ethereum L2 scaling solutions: - Aztec protocol (L2 scaling + privacy!) - ZKSync - Loopring - Raiden - Arbitrum Rollups - xDai - OMGNetwork - Matic - FuelLabs - Starkware - Optimism - Celer Network - + Many more

DeFi and Composability

If you’re reading this, I am sure you are aware of the phenomena which is Decentralised Finance (DeFi or more accurately, open finance). Ethereum is the first platform to offer permissionless and immutable financial services which when interacting with each other, lead to unprecedented composability and innovation in financial applications. A whole new world of possibilities are opening up thanks to this composability as it allows anyone to take existing pieces of open source code from other DeFi projects, put them together like lego pieces (hence the term money legos) and create something the world has never seen before. None of this was possible before Ethereum because typically financial services are heavily regulated and FinTech is usually proprietary software, so you don’t have any open source lego bricks to build off and you have to build everything you need from scratch. That is if what you want to do is even legal for a centralised institution!
Oh, and if you think that DeFi was just a fad and the bubble has popped, guess again! Total value locked in DeFi is currently at an all time high. Don’t believe me? Find out for yourself at: https://defipulse.com

NFTs and tokeniation

NFTs or “Non-Fungible Tokens” - despite the name which may confuse a layman - are a basic concept. They are unique tokens with their own unique attributes. This allows you to create digital art, human readable names for your ETH address (see ENS names and unstoppable domains), breedable virtual collectible creatures like crypto kitties, ownable in game assets like Gods Unchained cards or best of all in my opinion, tokenised ownership of real world assets which can even be split into pieces (this doesn’t necessarily require an NFT. Fungible tokens can be/are used for some of the following use cases). This could be tokenised ownership of real estate (see RealT), tokenised ownership of stocks, bonds and other financial assets (which by the way makes them tradable 24/7 and divisible unlike through the traditional system) or even tokenised ownership of the future income of a celebrity or athlete (see when NBA Star Spencer Dinwiddie Tokenized His Own NBA Contract.

Institutional Adoption

Ethereum is by far the most widely adopted blockchain by enterprises. Ethereum’s Enterprise Ethereum Alliance (EEA) is the largest blockchain-enterprise partnership program and Ethereum is by far the most frequently leveraged blockchain for proof of concepts and innovation in the blockchain space by enterprises. Meanwhile, there are protocols like the Baseline protocol which is a shared framework which allows enterprises to use Ethereum as a common frame of reference and a base settlement layer without having to give up privacy when settling on the public Ethereum mainnet. This framework makes adopting Ethereum much easier for other enterprises.

Institutional Investment

One of Bitcoin’s biggest things it has going for it right now is the growing institutional investment. In case you were wondering, Ethereum has this too! Grayscale offers investment in the cryptocurrency space for financial institutions and their Ethereum fund has already locked up more than 2% of the total supply of ETH. Not only this, but as businesses transact on Ethereum and better understand it, not only will they buy up ETH to pay for their transactions, but they will also realise that much like Bitcoin, Ethereum is a scarce asset. Better yet, a scarce asset which offers yield. As a result, I expect to see companies having ETH holdings become the norm just like how Bitcoin is becoming more widespread on companies’ balance sheets.

The state of global markets

With asset prices in almost every asset class at or near all-time highs and interest rates lower than ever and even negative in some cases, there really aren’t many good opportunities in the traditional financial system right now. Enter crypto - clearly the next evolution of financial services (as I explained in the section on DeFi earlier in this post), with scarce assets built in at the protocol layer, buying BTC or ETH is a lot like buying shares in TCP/IP in 1990 (that is if the underlying protocols of the internet could be invested in which they couldn’t). Best of all, major cryptos are down from their all-time highs anywhere between 35% for BTC or 70% for ETH and much more for many altcoins. This means that they can significantly appreciate in value before entering uncharted, speculative bubble territory.
While of course we could fall dramatically at any moment in the current macro financial conditions, as a longer term play, crypto is very alluring. The existing financial system has shown that it is in dire need of replacing and the potential replacement has started rearing its head in the form of crypto and DeFi.

Improvements in user onboarding and abstracting away complexity

Ethereum has started making huge leaps forward in terms of usability for the end user. We now have ENS names and unstoppable domains which allow you to send ETH to yournamehere.ETH or TrickyTroll.crypto (I don’t actually have that domain, that’s just an example). No longer do you have to check every character of your ugly hexadecimal 0x43AB96D… ETH address to ensure you’re sending your ETH to the right person. We also have smart contract wallets like Argent wallet or the Gnosis safe. These allow for users to access their wallets and interact with DeFi self-custodially from an app on their phone without having to record a private key or recovery phrase. Instead, they offer social recovery and their UI is straight forward enough for anyone who uses a smart phone to understand. Finally, for the more experienced users, DApps like Uniswap have pretty, super easy to use graphical user interfaces and can be used by anyone who knows how to run and use a browser extension like Metamask.

The lack of an obvious #1 ETH killer

One of Ethereum’s biggest threats is for it to be overthrown by a so-called “Ethereum killer” blockchain which claims to do everything Ethereum can do and sometimes more. While there are competitors which are each formidable to a certain extent such as Polkadot, Cardano and EOS, each have their own weaknesses. For example, Polkadot and Cardano are not fully operational yet and EOS is much more centralised than Ethereum. As a result, none of these competitors have any significant network effects just yet relative to the behemoth which is Ethereum. This doesn’t mean that these projects aren’t a threat. In fact, I am sure that projects like Polkadot (which is more focused on complimenting Ethereum than killing it) will take a slice out of Ethereum’s pie. However, I am still very confident that Ethereum will remain on top due to the lack of a clear number 2 smart contract platform. Since none of these ETH killers stands out as the second place smart contract platform, it makes it much harder for one project to create a network effect which even begins to threaten Ethereum’s dominance. This leads me onto my next reason - network effects.

Network effects

This is another topic which I made a previous post on. The network effect is why Bitcoin is still the number one cryptocurrency and by such a long way. Bitcoin is not the most technologically advanced cryptocurrency. However, it has the most widespread name recognition and the most adoption in most metrics (ETH beats in in some metrics these days). The network effect is also why most people use Zoom and Facebook messengeWhatsApp despite the existence of free, private, end to end encrypted alternatives which have all the same features (https://meet.jit.si/ for zoom alternative and Signal for the private messenger app. I highly recommend both. Let’s get their network effects going!). It is the same for Bitcoin. People don’t want to have to learn about or set up a wallet for alternative options. People like what is familiar and what other people use. Nobody wants to be “that guy” who makes you download yet another app and account you have to remember the password/private key for. In the same way, Enterprises don’t want to have to create a bridge between their existing systems and a dozen different blockchains. Developers don’t want to have to create DeFi money legos from scratch on a new chain if they can just plug in to existing services like Uniswap. Likewise, users don’t want to have to download another browser extension to use DApps on another chain if they already use Ethereum. I know personally I have refrained from investing in altcoins because I would have to install another app on my hardware wallet or remember another recovery phrase.
Overthrowing Ethereum’s network effect is one hell of a big task these days. Time is running out for the ETH killers.

Ethereum is the most decentralised and provably neutral smart contract platform

Ethereum is also arguably the most decentralised and provably neutral smart contract platform (except for maybe Ethereum Classic on the neutrality part). Unlike some smart contract platforms, you can’t round up everyone at the Ethereum Foundation or any select group of people and expect to be able to stop the network. Not only this, but the Ethereum foundation doesn’t have the ability to print more ETH or push through changes as they wish like some people would lead you on to believe. The community would reject detrimental EIPs and hard fork. Ever since the DAO hack, the Ethereum community has made it clear that it will not accept EIPs which attempt to roll back the chain even to recover hacked funds (see EIP-999).
Even if governments around the world wanted to censor the Ethereum blockchain, under ETH 2.0’s proof of stake, it would be incredibly costly and would require a double digit percentage of the total ETH supply, much of which would be slashed (meaning they would lose it) as punishment for running dishonest validator nodes. This means that unlike with proof of work where a 51% attacker can keep attacking the network, under proof of stake, an attacker can only perform the attack a couple of times before they lose all of their ETH. This makes attacks much less financially viable than it is on proof of work chains. Network security is much more than what I laid out above and I am far from an expert but the improved resistance to 51% attacks which PoS provides is significant.
Finally, with the US dollar looking like it will lose its reserve currency status and the existing wire transfer system being outdated, superpowers like China won’t want to use US systems and the US won’t want to use a Chinese system. Enter Ethereum, the provably neutral settlement layer where the USA and China don’t have to trust each other or each other’s banks because they can trust Ethereum. While it may sound like a long shot, it does make sense if Ethereum hits a multi-trillion dollar market cap that it is the most secure and neutral way to transfer value between these adversaries. Not to mention if much of the world’s commerce were to be settled in the same place - on Ethereum - then it would make sense for governments to settle on the same platform.

ETH distribution is decentralised

Thanks to over 5 years of proof of work - a system where miners have to sell newly minted ETH to pay for electricity costs - newly mined ETH has found its way into the hands of everyday people who buy ETH off miners selling on exchnages. As pointed out by u/AdamSC1 in his analysis of the top 10K ETH addresses (I highly recommend reading this if you haven’t already), the distribution of ETH is actually slightly more decentralised than Bitcoin with the top 10,000 ETH wallets holding 56.70% of ETH supply compared to the top 10,000 Bitcoin wallets which hold 57.44% of the Bitcoin supply. This decentralised distribution means that the introduction of staking won’t centralise ETH in the hands of a few wallets who could then control the network. This is an advantage for ETH which many proof of stake ETH killers will never have as they never used PoW to distribute funds widely throughout the community and these ETH killers often did funding rounds giving large numbers of tokens to VC investors.

The community

Finally, while I may be biased, I think that Ethereum has the friendliest community. Anecdotally, I find that the Ethereum developer community is full of forward thinking people who want to make the world a better place and build a better future, many of whom are altruistic and don’t always act in their best interests. Compare this to the much more conservative, “at least we’re safe while the world burns” attitude which many Bitcoiners have. I don’t want to generalise too much here as the Bitcoin community is great too and there are some wonderful people there. But the difference is clear if you compare the daily discussion of Bitcoin to the incredibly helpful and welcoming daily discussion of EthFinance who will happily answer your noob questions without calling you an idiot and telling you to do you own research (there are plenty more examples in any of the daily threads). Or the very helpful folks over at EthStaker who will go out of their way to help you set up an ETH 2.0 staking node on the testnets (Shoutout to u/superphiz who does a lot of work over in that sub!). Don’t believe me? Head over to those subs and see for yourself.
Please don’t hate on me if you disagree about which project has the best community, it is just my very biased personal opinion and I respect your opinion if you disagree! :)

TL;DR:

submitted by Tricky_Troll to ethtrader [link] [comments]

A detailed summary of every reason why I am bullish on ETH.

The following will be a list of the many reasons why I hold and am extremely bullish on ETH.

This is an extremely long post. If you just want the hopium without the detail, read the TL;DR at the bottom.

ETH 2.0

As we all know, ETH 2.0 phase 0 is right around the corner. This will lock up ETH and stakers will earn interest on their ETH in return for securing the network. Next comes phase 1 where the ETH 2 shards are introduced, shards are essentially parallel blockchains which are each responsible for a different part of Ethereum’s workload, think of it like a multi-core processor vs a single core processor. During phase 1, these shards will only act as data availability layers and won’t actually process transactions yet. However, their data can be utilised by the L2 scaling solution, rollups, increasing Ethereum’s throughput in transactions per second up to 100,000 TPS.
After phase 1 comes phase 1.5 which will move the ETH 1.0 chain into an ETH 2 shard and Ethereum will be fully secured by proof of stake. This means that ETH issuance will drop from around 5% per year to less than 1% and with EIP-1559, ETH might become a deflationary asset, but more on that later.
Finally, with ETH 2.0 phase two, each shard will be fully functional chains. With 64 of them, we can expect the base layer of Ethereum to scale around 64x, not including the massive scaling which comes from layer 2 scaling solutions like rollups as previously mentioned.
While the scaling benefits and ETH issuance reduction which comes with ETH 2.0 will be massive, they aren’t the only benefits. We also get benefits such as increased security from PoS compared to PoW, a huge energy efficiency improvement due to the removal of PoW and also the addition of eWASM which will allow contracts to be programmed in a wide range of programming languages, opening the floodgates for millions of web devs who want to be involved in Ethereum but don’t know Ethereum’s programming language, Solidity.

EIP-1559 and ETH scarcity

As I covered in a previous post of mine, ETH doesn’t have a supply cap like Bitcoin. Instead, it has a monetary policy of “minimum viable issuance”, not only is this is a good thing for network security, but with the addition of EIP-1559, it leaves the door open to the possibility of ETH issuance going negative. In short, EIP-1559 changes the fee market to make transaction prices more efficient (helping to alleviate high gas fees!) by burning a variable base fee which changes based on network usage demand rather than using a highest bidder market where miners simply include who pays them the most. This will result in most of the ETH being paid in transaction fees being burned. As of late, the amount which would be burned if EIP-1559 was in Ethereum right now would make ETH a deflationary asset!

Layer 2 Scaling

In the mean time while we are waiting for ETH 2.0, layer 2 scaling is here. Right now, projects such as Deversifi or Loopring utilise rollups to scale to thousands of tx/s on their decentralised exchange platforms or HoneySwap which uses xDai to offer a more scalable alternative to UniSwap. Speaking of which, big DeFi players like UniSwap and Synthetix are actively looking into using optimistic rollups to scale while maintaining composability between DeFi platforms. The most bullish thing about L2 scaling is all of the variety of options. Here’s a non exhaustive list of Ethereum L2 scaling solutions: - Aztec protocol (L2 scaling + privacy!) - ZKSync - Loopring - Raiden - Arbitrum Rollups - xDai - OMGNetwork - Matic - FuelLabs - Starkware - Optimism - Celer Network - + Many more

DeFi and Composability

If you’re reading this, I am sure you are aware of the phenomena which is Decentralised Finance (DeFi or more accurately, open finance). Ethereum is the first platform to offer permissionless and immutable financial services which when interacting with each other, lead to unprecedented composability and innovation in financial applications. A whole new world of possibilities are opening up thanks to this composability as it allows anyone to take existing pieces of open source code from other DeFi projects, put them together like lego pieces (hence the term money legos) and create something the world has never seen before. None of this was possible before Ethereum because typically financial services are heavily regulated and FinTech is usually proprietary software, so you don’t have any open source lego bricks to build off and you have to build everything you need from scratch. That is if what you want to do is even legal for a centralised institution!
Oh, and if you think that DeFi was just a fad and the bubble has popped, guess again! Total value locked in DeFi is currently at an all time high. Don’t believe me? Find out for yourself at: https://defipulse.com

NFTs and tokeniation

NFTs or “Non-Fungible Tokens” - despite the name which may confuse a layman - are a basic concept. They are unique tokens with their own unique attributes. This allows you to create digital art, human readable names for your ETH address (see ENS names and unstoppable domains), breedable virtual collectible creatures like crypto kitties, ownable in game assets like Gods Unchained cards or best of all in my opinion, tokenised ownership of real world assets which can even be split into pieces (this doesn’t necessarily require an NFT. Fungible tokens can be/are used for some of the following use cases). This could be tokenised ownership of real estate (see RealT), tokenised ownership of stocks, bonds and other financial assets (which by the way makes them tradable 24/7 and divisible unlike through the traditional system) or even tokenised ownership of the future income of a celebrity or athlete (see when NBA Star Spencer Dinwiddie Tokenized His Own NBA Contract.

Institutional Adoption

Ethereum is by far the most widely adopted blockchain by enterprises. Ethereum’s Enterprise Ethereum Alliance (EEA) is the largest blockchain-enterprise partnership program and Ethereum is by far the most frequently leveraged blockchain for proof of concepts and innovation in the blockchain space by enterprises. Meanwhile, there are protocols like the Baseline protocol which is a shared framework which allows enterprises to use Ethereum as a common frame of reference and a base settlement layer without having to give up privacy when settling on the public Ethereum mainnet. This framework makes adopting Ethereum much easier for other enterprises.

Institutional Investment

One of Bitcoin’s biggest things it has going for it right now is the growing institutional investment. In case you were wondering, Ethereum has this too! Grayscale offers investment in the cryptocurrency space for financial institutions and their Ethereum fund has already locked up more than 2% of the total supply of ETH. Not only this, but as businesses transact on Ethereum and better understand it, not only will they buy up ETH to pay for their transactions, but they will also realise that much like Bitcoin, Ethereum is a scarce asset. Better yet, a scarce asset which offers yield. As a result, I expect to see companies having ETH holdings become the norm just like how Bitcoin is becoming more widespread on companies’ balance sheets.

The state of global markets

With asset prices in almost every asset class at or near all-time highs and interest rates lower than ever and even negative in some cases, there really aren’t many good opportunities in the traditional financial system right now. Enter crypto - clearly the next evolution of financial services (as I explained in the section on DeFi earlier in this post), with scarce assets built in at the protocol layer, buying BTC or ETH is a lot like buying shares in TCP/IP in 1990 (that is if the underlying protocols of the internet could be invested in which they couldn’t). Best of all, major cryptos are down from their all-time highs anywhere between 35% for BTC or 70% for ETH and much more for many altcoins. This means that they can significantly appreciate in value before entering uncharted, speculative bubble territory.
While of course we could fall dramatically at any moment in the current macro financial conditions, as a longer term play, crypto is very alluring. The existing financial system has shown that it is in dire need of replacing and the potential replacement has started rearing its head in the form of crypto and DeFi.

Improvements in user onboarding and abstracting away complexity

Ethereum has started making huge leaps forward in terms of usability for the end user. We now have ENS names and unstoppable domains which allow you to send ETH to yournamehere.ETH or TrickyTroll.crypto (I don’t actually have that domain, that’s just an example). No longer do you have to check every character of your ugly hexadecimal 0x43AB96D… ETH address to ensure you’re sending your ETH to the right person. We also have smart contract wallets like Argent wallet or the Gnosis safe. These allow for users to access their wallets and interact with DeFi self-custodially from an app on their phone without having to record a private key or recovery phrase. Instead, they offer social recovery and their UI is straight forward enough for anyone who uses a smart phone to understand. Finally, for the more experienced users, DApps like Uniswap have pretty, super easy to use graphical user interfaces and can be used by anyone who knows how to run and use a browser extension like Metamask.

The lack of an obvious #1 ETH killer

One of Ethereum’s biggest threats is for it to be overthrown by a so-called “Ethereum killer” blockchain which claims to do everything Ethereum can do and sometimes more. While there are competitors which are each formidable to a certain extent such as Polkadot, Cardano and EOS, each have their own weaknesses. For example, Polkadot and Cardano are not fully operational yet and EOS is much more centralised than Ethereum. As a result, none of these competitors have any significant network effects just yet relative to the behemoth which is Ethereum. This doesn’t mean that these projects aren’t a threat. In fact, I am sure that projects like Polkadot (which is more focused on complimenting Ethereum than killing it) will take a slice out of Ethereum’s pie. However, I am still very confident that Ethereum will remain on top due to the lack of a clear number 2 smart contract platform. Since none of these ETH killers stands out as the second place smart contract platform, it makes it much harder for one project to create a network effect which even begins to threaten Ethereum’s dominance. This leads me onto my next reason - network effects.

Network effects

This is another topic which I made a previous post on. The network effect is why Bitcoin is still the number one cryptocurrency and by such a long way. Bitcoin is not the most technologically advanced cryptocurrency. However, it has the most widespread name recognition and the most adoption in most metrics (ETH beats in in some metrics these days). The network effect is also why most people use Zoom and Facebook messengeWhatsApp despite the existence of free, private, end to end encrypted alternatives which have all the same features (https://meet.jit.si/ for zoom alternative and Signal for the private messenger app. I highly recommend both. Let’s get their network effects going!). It is the same for Bitcoin. People don’t want to have to learn about or set up a wallet for alternative options. People like what is familiar and what other people use. Nobody wants to be “that guy” who makes you download yet another app and account you have to remember the password/private key for. In the same way, Enterprises don’t want to have to create a bridge between their existing systems and a dozen different blockchains. Developers don’t want to have to create DeFi money legos from scratch on a new chain if they can just plug in to existing services like Uniswap. Likewise, users don’t want to have to download another browser extension to use DApps on another chain if they already use Ethereum. I know personally I have refrained from investing in altcoins because I would have to install another app on my hardware wallet or remember another recovery phrase.
Overthrowing Ethereum’s network effect is one hell of a big task these days. Time is running out for the ETH killers.

Ethereum is the most decentralised and provably neutral smart contract platform

Ethereum is also arguably the most decentralised and provably neutral smart contract platform (except for maybe Ethereum Classic on the neutrality part). Unlike some smart contract platforms, you can’t round up everyone at the Ethereum Foundation or any select group of people and expect to be able to stop the network. Not only this, but the Ethereum foundation doesn’t have the ability to print more ETH or push through changes as they wish like some people would lead you on to believe. The community would reject detrimental EIPs and hard fork. Ever since the DAO hack, the Ethereum community has made it clear that it will not accept EIPs which attempt to roll back the chain even to recover hacked funds (see EIP-999).
Even if governments around the world wanted to censor the Ethereum blockchain, under ETH 2.0’s proof of stake, it would be incredibly costly and would require a double digit percentage of the total ETH supply, much of which would be slashed (meaning they would lose it) as punishment for running dishonest validator nodes. This means that unlike with proof of work where a 51% attacker can keep attacking the network, under proof of stake, an attacker can only perform the attack a couple of times before they lose all of their ETH. This makes attacks much less financially viable than it is on proof of work chains. Network security is much more than what I laid out above and I am far from an expert but the improved resistance to 51% attacks which PoS provides is significant.
Finally, with the US dollar looking like it will lose its reserve currency status and the existing wire transfer system being outdated, superpowers like China won’t want to use US systems and the US won’t want to use a Chinese system. Enter Ethereum, the provably neutral settlement layer where the USA and China don’t have to trust each other or each other’s banks because they can trust Ethereum. While it may sound like a long shot, it does make sense if Ethereum hits a multi-trillion dollar market cap that it is the most secure and neutral way to transfer value between these adversaries. Not to mention if much of the world’s commerce were to be settled in the same place - on Ethereum - then it would make sense for governments to settle on the same platform.

ETH distribution is decentralised

Thanks to over 5 years of proof of work - a system where miners have to sell newly minted ETH to pay for electricity costs - newly mined ETH has found its way into the hands of everyday people who buy ETH off miners selling on exchnages. As pointed out by u/AdamSC1 in his analysis of the top 10K ETH addresses (I highly recommend reading this if you haven’t already), the distribution of ETH is actually slightly more decentralised than Bitcoin with the top 10,000 ETH wallets holding 56.70% of ETH supply compared to the top 10,000 Bitcoin wallets which hold 57.44% of the Bitcoin supply. This decentralised distribution means that the introduction of staking won’t centralise ETH in the hands of a few wallets who could then control the network. This is an advantage for ETH which many proof of stake ETH killers will never have as they never used PoW to distribute funds widely throughout the community and these ETH killers often did funding rounds giving large numbers of tokens to VC investors.

The community

Finally, while I may be biased, I think that Ethereum has the friendliest community. Anecdotally, I find that the Ethereum developer community is full of forward thinking people who want to make the world a better place and build a better future, many of whom are altruistic and don’t always act in their best interests. Compare this to the much more conservative, “at least we’re safe while the world burns” attitude which many Bitcoiners have. I don’t want to generalise too much here as the Bitcoin community is great too and there are some wonderful people there. But the difference is clear if you compare the daily discussion of Bitcoin to the incredibly helpful and welcoming daily discussion of EthFinance who will happily answer your noob questions without calling you an idiot and telling you to do you own research (there are plenty more examples in any of the daily threads). Or the very helpful folks over at EthStaker who will go out of their way to help you set up an ETH 2.0 staking node on the testnets (Shoutout to u/superphiz who does a lot of work over in that sub!). Don’t believe me? Head over to those subs and see for yourself.
Please don’t hate on me if you disagree about which project has the best community, it is just my very biased personal opinion and I respect your opinion if you disagree! :)

TL;DR:

submitted by Tricky_Troll to ethfinance [link] [comments]

NightOwl Halloween Drop: Descriptions, Info, FAQ and Tips

This will be the last I'll post in-regards to NightOwl drops.From now on drop info will be posted in the NightOwlseeds subreddit
We can only pin 2 posts at a time, and it can get confusing for new and existing users.
I will be updating this thread throughout the day, check last edited.- NightOwl subreddit linked,

THE NIGHTOWL STORE IS CLOSED.

Link to The Seed Bazaar

F.A.Q

"My pack has a blank label, how do I know what I have?"

Those are the "Secret Owl Society" packs, they come labeled with UV ink. Daz almost always provides a small blacklight keychain, use it to reveal the pack name.

"Can I make multiple orders and get the tester pack?"

As long as the combined total is $250, and hasn't been shipped yet, then you get 1 tester pack ($500 for 2 tester packs).
A new bit of info, you get another tester pack per $250 spent, dealer's choice.

"Do I need to purchase on TSB Premium?

No, go to the regular store page

"Do I need TSB Premium to make a purchase?"

No, you don't need TSB Premium to make a purchase. This was an option for paying members to get a chance to access the drop early. Nothing was exclusive to premium, everyone has access to all the strains.

"I got a confirmation email, it still says "processing", should I be worried?"

As long as you have a confirmation email (maybe a paid email), then there's nothing to worry about your order has been received.

"How do I register for a free account?"

There should be a sign-in button at the bottom of the page, or the NightOwl Store page. Look at this image to help.

"Is there any freebies?"

Like Mephisto, Nightowl will give you 2 extra seeds on 3 seed pack orders. Same cultivar. No freebie tiers like Mephisto.

Order related issue?

Email [[email protected]](mailto:[email protected])
I will update with more FAQs as the day goes.

DROP DAY INFO NOW PAST

When purchasing NightOwl seeds from The Seed Bazaar on 10/10 at 12 AM, WHATEVER IS IN YOUR CART, ISN'T RESERVED.
NEW TIPS
ITEMS ARE ADDED/UPDATED ONE BY ONE.
THERE ARE TWO PAGES OF SEEDS.
IF YOU HAVE AN ISSUE WITH YOUR ORDER EMAIL [[email protected]](mailto:[email protected])
PREMIUM ISN'T NECESSARY.
It's best to purchase what you want FAST, everything is and always has been limited in quantity. Don't leave the item(s) in your cart and go check your plants and start some LST or a res change, don't go start cleaning your tent, CHECK YOUR ITEMS OUT FAST.
Orders usually are combined to help with shipping, this should help with ordering fast, and comments have been enabled at checkout too 👍.
Last tip, make an account ahead of time, and login. Should help speed up the checkout process.
Price per pack is $50 USD. Website and packaging say 3 seeds but typically get 5 no option for other pack sizes, plus free international shipping.
This is the LAST SCHEDULED DROP from NightOwl till Valentine's day, which is expected to have the new F4 photo to auto cultivars. This is if there aren't any delays or setbacks in the timeline.
The new NightOwl Sweater doesn't have a set date yet, could be some time in November.
Chocolates are for the US only, food and customs don't go together. I THINK Daz said put it in the comments if you'd like the chocolate and he'd get back to you to figure out how to ship it (might have to pay for packaging and postage).
Only If there are chocolates or ashtrays left, Daz will offer them up as an item on the seed bazaar for the cost of shipping which is usually around $15.
Seedopoly boards are being sent out, pieces won't go out till the New Year, and the prizes are US only.

Promotion:

Tester packs are labeled, but unknown till you receive it.

Scratch Card Game

Match the Mummies, scratch card game *WHILE SUPPLIES LAST, 1st COME 1st SERVED\*

Descriptions (Quick Description from Daz)

Limited Edition:

Galaxy Brain 1:30:00

Zamaldelica Express x Cosmic Queen
75/25 Sativa/Indica
75-80 days from sprout
A long time coming, the Galaxy Brain is finally here! These large, branchy plants are covered with frost from the stems up! Piercingly sweet fruit scents and mouth coating flavors accompany a soaring euphoric head high, along with a relaxing body effect that doesn’t hamper your daily activities. I’m expecting this one to become a staple in the autoflower connoisseur’s garden. The reversal used was selected from over 40 Cosmic Queens and was extremely sativa dominant. I used this same expression for an unreleased seed run a few years back and she produced some of the most exquisitely beautiful and flavorful flowers. The female used was extremely pungent, with sappy and bulbous resin heads that stink up the whole room when burst. She also had extremely fat calyxes, providing massive amounts of surface area for the resin heads to call home.

Spotless Mind 1:39:00

Fugue State x Cosmic Queen
True F1 Hybrid Limited Edition
75/25 Sativa/Indica
75-85 days from sprout
2-4 ounces average
3 Feminized Seeds
Large, easy growing sativa dominant plants with heavy branching and intense crystal production. Super sweet, peppery, and buttery flavors accompany an intensely uplifting head high and an electrically charged body feel. The Spotless Mind name gives a tip of the cap to the Amnesia Haze in her heritage, which carries through to this cross. Overindulge and you will find yourself becoming forgetful and may experience recollection difficulties, but in a fun way. She has also been known to encourage bedroom activities, making for a nice nightstand stash. If you are looking for an anytime sativa that won’t make your mind race aimlessly, look no further. The same reversal that was used for Galaxy Brain and Cosmic Apprentice was also used for this Limited Edition.

Secret Owl Society:

Electric Qoolaid 1:32:18

Blue Microverse F4 x Cosmic Queen F4 *Quick Finish*
50/50 Sativa/Indica
65-75 days from sprout
1.5-3 ounce average
3 Feminized Seeds
Expect medium to large plants with creamy blue raspberry lemonade golf ball buds running along the side branches, leading up to chunky top colas all wrapped in gooey, long-stemmed trichomes. Another beautiful true F1 hybrid with a 50/50 blend for a balanced, comforting mind and body experience. Great for relaxing after work when you’re ready to start winding down. For the reversal I used a stocky, faster finishing Cosmic Queen as the pollen donor which will help add vigor and potency while keeping the stretch down.
**Be sure to keep airflow and humidity in check during the final few weeks, as the flower density can lead to bud rot in the wrong conditions. **

Judy Gemstone 1:32:44

Strawberry Nuggets F4 x Cosmic Queen F4 *Quick Finish*
40/60 Sativa/Indica
65-75 days from sprout
1.5-3 ounce average
3 Feminized Seeds
Expect medium-sized bushes with very sturdy branches that reach up and fill the canopy alongside the main cola. Rock hard nugs of pinks, purples, emerald, and blue hues will create all the bag appeal you could ask for, with a sweet cheesy strawberry funk that will have you smelling the bag again and again. Another true F1 and the heaviest indica hybrid of the lot, ranging from therapeutic to narcotic depending on your intake. Perfect for a dessert smoke or nightcap to relax your body before sailing off into the dream world. For the reversal I used a stocky, faster finishing Cosmic Queen as the pollen donor which will help add vigor and potency while keeping the stretch down.
***Be sure to keep an eye on these during early as the Strawberry Nuggets line can throw a ball or two during sexing, right where the side branches meet the main stem. It is rare, but can be brought about by stress or too strong an application of nutes during the sexing stage and seems to be most common when using humic acid. If you do see a ball pop up it can be removed and the plant will continue on fully female to finish her life. Also, keep airflow and humidity in check during the final few weeks, as the flower density can lead to bud rot in the wrong conditions. **\*

Karmic Connection 1:33:03

(Chem City Blues x Chemdogging) X Cosmic Queen F4 *Super Sativa*
60/40 Sativa/Indica
75-85 days from sprout
2-4 ounce average
3 Feminized Seeds
Expect large, easy growing plants with satellite branches that reach up to the shoulders of the canopy, but be sure to stake her before she goes too far into flower or she will buckle under the weight of her blooms. The piercing old school perfumes she puts off range from skunky blueberries to creamy chems, and her soda can cola structure is sure to impress! This F1 polyhybrid is recommended for heavier smokers and those looking for help with pain management, and can be a bit too much too fast for the uninitiated. Carbon filters are always a must indoors, and best to make sure they’re in proper working order before running these. The Cosmic Queen reversal used for this cross was what I consider the super sativa expression of CQ. Tall, stretchy, thinner leaves, incredibly sweet resin, bag appeal, pest, and pm resistant with an elongated bud structure that is excellent for outdoors and in. Don’t miss out!

Mango Sunrise 1:34:28

Mango Smile x Cosmic Queen F4 *Super Sativa*
70/30 Sativa/Indica
75-85 days from sprout
2-4 ounce average
3 Feminized Seeds
Expect large, easy growing plants with sturdy branching and individual bud sites running their length, met with a small cola cluster at their end. This true F1 hybrid has beautiful tropical citrus flavors that will send you off on an island vacation, while the effects will leave you physically and mentally heightened and ready for anything the day throws your way! Extremely pleasant all day/everyday smoke, sure to be a crowd-pleaser. The Cosmic Queen reversal used for this cross was what I consider the super sativa expression of CQ. Tall, stretchy, thinner leaves, incredibly sweet resin, bag appeal, pest, and pm resistant with an elongated bud structure that is excellent for outdoors and in. Don’t miss out!

Milk and Qookies 1:35:15

Forum Stomper x Cosmic Queen F4 *Quick Finish*
60/40 Sativa/Indica
65-75 days from sprout
1.5-3 ounce average
3 Feminized Seeds
Expect medium-sized bushes with stout branches that reach up and form a canopy surrounding the main cola. Incredibly resinous chunky white nugs and dark forest green foliage fade to the deepest purples and blacks under cooler temperatures. She will have true F1 hybrid vigor and produce a delicious mix of forum cookies and cosmic cream flavors along with an abundance of “fall off the stalk” gland heads that will put everything else around your trimbin to shame. Effects are stoney, both physically and mentally, without the couchlock. She could easily fill the role of all day/everyday smoke if you have a decent tolerance already. For the reversal I used a stocky, faster finishing Cosmic Queen as the pollen donor which will help add vigor and potency while keeping the stretch down.

Space Station Orange v.2 1:36:50

Super Orange Haze F4 X Cosmic Queen F4 *Super Sativa*
70/30 Sativa/Indica
70-80 days from sprout
1.5-3 ounce average
3 Feminized Seeds
Expect medium-sized, easy growing plants with shorter side branches that reach about half the height of the main cola. Floral and sour citrus flavors with an uplifting effect that is great for early morning and afternoon indulgences. Bag appeal is also of no concern, as this true F1 hybrid has it in spades! The Cosmic Queen reversal used for this cross was what I consider the super sativa expression of CQ. Tall, stretchy, thinner leaves, incredibly sweet resin, bag appeal, pest, and pm resistant with an elongated bud structure that is excellent for outdoors and in. Don’t miss out!

Star Krunch 1:37:18

Toof Decay x Cosmic Queen F4 *Quick Finish*
50/50 Sativa/Indica
65-75 days from sprout
1.5-3 ounce average
3 Feminized Seeds
Expect medium-sized bushes with stout branches that almost reach the height of the main cola. Extremely dense buds covered in sweet bakery and candy-flavored resin that will leave you wanting more. Cooler temperatures can bring out some beautiful fall colors that only add to her visual appeal. Stoney without the narcotic effect, great for an afternoon delight or as a post-meal treat. For the reversal I used a stocky, faster finishing Cosmic Queen as the pollen donor which will help add vigor and potency to this true F1, while keeping the stretch down.
***Be sure to keep an eye on these during early as the Toof Decay line can throw a ball or two during sexing, right where the side branches meet the main stem. It is rare, but can be brought about by stress or too strong an application of nutes during the sexing stage and seems to be most common when using humic acid. If you do see a ball pop up it can be removed and the plant will continue on fully female to finish her life. Also, keep airflow and humidity in check during the final few weeks, as the flower density can lead to bud rot in the wrong conditions. **\*

Creme De La Cosmos 1:38:23

Creme de la Soul F1 x Cosmic Queen F4 Quick Finish
50/50 Sativa/Indica
65-75 days from sprout
1.5-3 ounce average
3 Feminized Seeds
Expect medium plants with stout satellite branches reaching up to the shoulders of the main colas. Dense nugs covered in oily resin ranging in smells from red berries and sneakers to creamy grapes, this F1 polyhybrid has a lot to offer! Cooler temperatures can bring on fades of reds and purples, making her an absolute beauty in her final days. She has a balanced physical and mental high, leaning towards the stoney end of the spectrum, and will make for a great evening smoke. For the reversal I used a stocky, faster finishing Cosmic Queen as the pollen donor which will help add vigor and potency while keeping the stretch down.
Be sure to keep airflow and humidity in check during the final few weeks, as the flower density can lead to bud rot.

Shekinah 1:40:55

Supernatural OG x Cosmic Queen F4 Super Sativa
70/30 Sativa/Indica
75-85 days from sprout
2-4 ounce average
3 Feminized Seeds
Expect large, easy growing plants with sturdy branching and individual bud sites running their length, met with a medium cola cluster at their ends, with a large main cola. This F1 poly hybrid is chock full of hazey goodness! Flavors range from effervescent lemon-lime, to heavy juniper laced gin and tonic. The juniper flavors are my personal favorite and tend to kick my ass and get me super stoney, while the citrusy ones are more motivational. There’s a variety of outstanding expressions to be found in these, all on the sativa end of the spectrum. The Cosmic Queen reversal used for this cross was what I consider the super sativa expression of CQ. Tall, stretchy, thinner leaves, incredibly sweet resin, bag appeal, pest and pm resistant with an elongated bud structure that is excellent for outdoors and in. Don’t miss out!
Blessed by Hoodoo Moses I

Restock

Cosmic Apprentice (No Video)

Wizard’s Apprentice F4 x Cosmic Queen F4
Sativa
75 days from sprout
"Ready to get heady? Crossing a big-bodied sativa dominant Wizard’s Apprentice to the rush inducing Cosmic Queen resulted in a whole new variety that will keep your head in the clouds! Large plants with denser buds than Cosmic Queen, an overload of frost, and nostril piercing neon sweet and hazey scents finishing right around 75 days. If you’re into uplifting sativa effects with chunkier buds then she is definitely worth checking out."

Cheech Biggums 1:40:42

Wizard’s Apprentice F4 x Tyrone Stomper F6
Indica
70 days from sprout
A long time coming, the Cheech Biggums is sure to impress! Using a heavy Cheech Wizard dominant Wizard’s Apprentice mated to the ever-impressive Tyrone Stomper will produce medium to large, extra vigorous true F1 hybrids with fruity OG gas flavors and an occasional piney/floral expression in a quick 70ish days from sprout.
Picture of Post

February Drop Info

Copied from Daz's IG post.
Thank you all for your patience with me these past few weeks. I've been handling a lot of business behind the scenes in preparation for big things next year. 2020 was the year of staying off the radar with most of my big projects and not drawing any unnecessary attention. 2021 is the year of getting licensed and really showing you what it's all about! Thank you for your trust and faith in me during my overly cautious past few months/years. I won't let you down.🙏🌱🦉🌱🙏New photo to autos scheduled for the first half of 2021:
Pre '98 Bubba Kush x Auto Skywalker F4
Dosidos x Forum Stomper F4
Purple Punch x Forum Stomper F4
Sunset Sherbet x Forum Stomper F4
*Latest Update*The next scheduled drop Daz is aiming for is Valentine's day. This drop should include the new F4 photo to auto cultivars listed above, again as long as nothing delays this.

Originals and Regular seeds Restock

They are a work in progress
, Originals and Regular seeds shouldn't be expected till February earliest, and will MOST LIKELY be mid-2021 If there are no setbacks.

Seedbanks that carry NightOwl, and the Seedbank Drop

Not always up to date, post a comment if something has changed.
SeedBank Squanch Queen Foot Cheese Head Cheese Payment International Carry Mephisto Freebies
Neptune Seedbank Yes Yes Yes Credit Card (US Only), Bitcoin, PMC Gold, Cash Yes Yes *Need User Input
Supreme Seedbank Yes Yes Yes Money Gram/ Venmo/ Cash App/ Zelle, Money Order, Debit/ Credit (US ONLY 3.5% fee), Custom payment, Bitcoin, eGiftCertificate Yes Yes *Need User Input
Treestar Seedbank Yes Yes Yes Credit Card, Bitcoin, Money Order, Cash, Western Union, Cash App, Zelle Yes Yes Yes In-house freebies
Harvest Mutual Yes Yes Yes Cash, Money Order, Credit Card, Paypal Yes Yes Yes Masonic Freebies
Insane Seeds Yes Yes Yes Bitcoin, Cash, Credit Card Yes Yes No SALE ON HEAD CHEESE %25 OFF
DC Seed Exchange Yes Yes Yes Debit Card, Cash, Money Order, eCheck, Cryptocurrencies No Yes Sometimes / Use "5%DCSEEDS" for 5% off
Oregon Elite Seedbank Yes Yes Yes Cash, Money Order, Cryptocurrencies Yes No *Need User Input
Hembra Genetics No Yes Yes Cash, Cash App *need user input No No No / $45/pack
RMH719 SOLD OUT No No No Cash, Bitcoin *need user input No No Sometimes In-house Freebie
RMHCA SOLD OUT No No No Cash, Bitcoin, E-transfer No No Sometimes In-house Freebie

submitted by BlueJayin to MephHeads [link] [comments]

Why Bitcoin is Superior to Gold

There is a constant war being fought between goldbugs, like Peter Schiff, and Bitcoin enthusiasts so I decided to make an outline, with links, comparing and contrasting gold and Bitcoin. I made this in November of 2019 (thus the information therein is based on figures from that time) but, being scatter brained, neglected to post this for the Bitcoin community to see. The yardsticks I used to compare the two assets included the following: shipping/transactions costs, storage costs, censorship factor, settlement time, stock to flow, blockchain vs clearing house, validation, etc. I will also touch on Roosevelt's gold confiscation executive order in 1933, transporting gold during the Spanish Civil War in 1936, and the hypothetical cost for Venezuela to repatriate its gold more recently.
I will provide a brief summary first then follow that with the outline I made. This information can be used as a tool for the Bitcoin community to combat some of the silly rhetoric coming from goldbugs such as Peter Schiff and James Rickards. I would like to make it clear, however, that I am not against gold and think that it performed its role as money very well in a technologically inferior era, namely Victorian times but I think Bitcoin performs the functions of money better than gold does in the current environment.
I have been looking to make a contribution to the Bitcoin community and I hope this is a useful and educational tool for everyone who reads this.
Summary:
Shipping/transaction costs: 100 ounces of gold could be shipped for 315 dollars; the comparable dollar value in Bitcoin could be sent for 35 dollars using a non-segwit address. Using historical precendent, it would cost an estimated $32,997,989 to transport $1 billion in gold using the 3.3% fee that the Soviets charged the Spaniards in 1936; a $1 billion Bitcoin transaction moved for $690 last year by comparison. Please note that the only historic example we can provide for moving enormous sums of gold was when the government of Spain transported gold to Moscow during the Spanish Civil War in 1936. More information on this topic will be found in the notes section.
Storage costs: 100 ounces of gold would require $451 per year to custody while the equivalent value of Bitcoin in dollar terms could be stored for the cost of a Ledger Nano S, $59.99. $1 billion USD value of gold would cost $2,900,000 per year while an Armory set up that is more secure would run you the cost of a laptop, $200-300.
Censorship factor: Gold must pass through a 3rd party whenever it is shipped, whether for a transaction or for personal transportation. Gold will typically have to be declared and a customs duty may be imposed when crossing international borders. The key take-away is gatekeepers (customs) can halt movement of gold thus making transactions difficult. $46,000 of gold was seized in India despite the smugglers hiding it in their rectums.
Settlement time: Shipping gold based on 100 ounces takes anywhere from 3-10 days while Bitcoin transactions clear in roughly 10 minutes depending on network congestion and fee size.
Historic confiscation: Franklin Roosevelt confiscated and debased the paper value of gold in 1933 with Executive Order 6102. Since gold is physical in nature and value dense, it is often stored in custodial vaults like banks and so forth which act as a honeypot for rapacious governments.
Stock to flow: Plan B's stock to flow model has become a favorite on twitter. Stock to flow measures the relationship between the total stock of an asset against the amount that is produced in a given year. Currently gold still has the highest value at 62 while Bitcoin sits at 50 in 2nd place. Bitcoin will overtake gold in 2024 after the next halving.
Blockchain vs clearing house: gold payments historically passed through a 3rd party (clearinghouse) in order to be validated while Bitcoin transactions can be self validated through the use of a node.
Key Takeaway from above- Bitcoin is vastly superior to gold in terms of cost, speed, and censorship resistance. One could theoretically carry around an enormous sum of Bitcoin on a cold card while the equivalent dollar value of gold would require a wheelbarrow...and create an enormous target on the back of the transporter. With the exception of the stock to flow ratio (which will flip in Bitcoin's favor soon), Bitcoin is superior to gold by all metrics covered.
Notes:
Shipping/transaction costs
Gold
100 oz = 155,500. 45 x 7 = $315 to ship 100 oz gold.
https://seekingalpha.com/instablog/839735-katchum/2547831-how-much-does-it-cost-to-ship-silver-and-gold
https://www.coininvest.com/en/shipping-prices/
211 tonnes Venezuela; 3.3% of $10.5 billion = 346,478,880 or 32,997,989/billion usd
http://blogs.reuters.com/felix-salmon/2011/08/23/how-to-get-12-billion-of-gold-to-venezuela/ (counter party risk; maduro; quotes from article)
Bitcoin
18 bitcoin equivalent value; 35 USD with legacy address
https://blockexplorer.com/
https://bitcoinfees.info/
1 billion; $690 dollars
https://arstechnica.com/tech-policy/2019/09/someone-moved-1-billion-in-a-single-bitcoin-transaction/
Storage costs
Gold
.29% annually; https://sdbullion.com/gold-silver-storage
100 oz – $451/year
$1 billion USD value – $2,900,000/year
Bitcoin
Ledger Nano S - $59.00 (for less bitcoin)
https://shop.ledger.com/products/ledger-nano-s/transparent?flow_country=USA&gclid=EAIaIQobChMI3ILV5O-Z5wIVTtbACh1zTAwqEAQYASABEgJ5SPD_BwE
Armory - $200-300 cost of laptop for setup
https://www.bitcoinarmory.com/
Censorship factor (must pass through 3rd party)
Varies by country
Gold will typically have to be declared and a customs duty may be imposed
Key take-away is gatekeepers (customs) can halt movement of gold thus making transactions difficult
$46,000 seized in India
https://www.foxnews.com/travel/indian-airport-stops-29-passengers-smuggling-gold-in-their-rectums
Settlement time
Gold
For 100 oz transaction by USPS 3-10 days (must pass through 3rd party)
Bitcoin
Roughly 10 minutes to be included in next block
Historic confiscation-roosevelt 1933
Executive Order 6102 (forced spending, fed could ban cash, go through and get quotes)
https://en.wikipedia.org/wiki/Executive_Order_6102
“The stated reason for the order was that hard times had caused "hoarding" of gold, stalling economic growth and making the depression worse”
Stock to flow; https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25 (explain what it is and use charts in article)
Gold; SF of 62
Bitcoin; SF of 25 but will double to 50 after May (and to 100 in four years)
Blockchain vs clearing house
Transactions can be validated by running a full node vs. third party settlement
Validation
Gold; https://www.goldismoney2.com/threads/cost-to-assay.6732/
(Read some responses)
Bitcoin
Cost of electricity to run a full node
Breaking down Venezuela conundrum; http://blogs.reuters.com/felix-salmon/2011/08/23/how-to-get-12-billion-of-gold-to-venezuela/
“The last (and only) known case of this kind of quantity of gold being transported across state lines took place almost exactly 75 years ago, in 1936, when the government of Spain removed 560 tons of gold from Madrid to Moscow as the armies of Francisco Franco approached. Most of the gold was exchanged for Russian weaponry, with the Soviet Union keeping 2.1% of the funds in the form of commissions and brokerage, and an additional 1.2% in the form of transport, deposit, melting, and refining expenses.”
“Venezuela would need to transport the gold in several trips, traders said, since the high value of gold means it would be impossible to insure a single aircraft carrying 211 tonnes. It could take about 40 shipments to move the gold back to Caracas, traders estimated. “It’s going to be quite a task. Logistically, I’m not sure if the central bank realises the magnitude of the task ahead of them,” said one senior gold banker.”
“So maybe Chávez intends to take matters into his own hands, and just sail the booty back to Venezuela on one of his own naval ships. Again, the theft risk is obvious — seamen can be greedy too — and this time there would be no insurance. Chávez is pretty crazy, but I don’t think he’d risk $12 billion that way.”
“Which leaves one final alternative. Gold is fungible, and people are actually willing to pay a premium to buy gold which is sitting in the Bank of England’s ultra-secure vaults. So why bother transporting that gold at all? Venezuela could enter into an intercontinental repo transaction, where it sells its gold in the Bank of England to some counterparty, and then promises to buy it all back at a modest discount, on condition that it’s physically delivered to the Venezuelan central bank in Caracas. It would then be up to the counterparty to work out how to get 211 tons of gold to Caracas by a certain date. That gold could be sourced anywhere in the world, and transported in any conceivable manner — being much less predictable and transparent, those shipments would also be much harder to hijack. How much of a discount would a counterparty require to enter into this kind of transaction? Much more than 3.3%, is my guess. And again, it’s not entirely clear who would even be willing to entertain the idea. Glencore, perhaps?”
“But here’s one last idea: why doesn’t Chávez crowdsource the problem? He could simply open a gold window at the Banco Central de Venezuela, where anybody at all could deliver standard gold bars. In return, the central bank would transfer to that person an equal number of gold bars in the custody of the Bank of England, plus a modest bounty of say 2% — that’s over $15,000 per 400-ounce bar, at current rates. It would take a little while, but eventually the gold would start trickling in: if you’re willing to pay a constant premium of 2% over the market price for a good, you can be sure that the good in question will ultimately find its way to your door. And the 2% cost of acquiring all that gold would surely be much lower than the cost of insuring and shipping it from England. It would be an elegant market-based solution to an artificial and ideologically-driven problem; I daresay Chávez might even chuckle at the irony of it. He’d just need to watch out for a rise in Andean banditry, as thieves tried to steal the bars on their disparate journeys into Venezuela.”
submitted by cornish_roots to Bitcoin [link] [comments]

My college essay on Bitcoin and computers. First Draft. Thought you all might like this.

I always thought computers were simple. At their fundamental level, they are just 1s and 0s. An invisible dance of yes’s and no’s running through a sheet of silicon at billions of times per second. Computers are amazing and unique machines that will forever be apart of our lives. Our sheer dependence on computers motivated me to research the topic? As my understanding of this concept grew, so did my curiosity. I started researching computers as much as I could. I would spend hours a day browsing Youtube and reading articles just to satisfy my interest. That’s why when my dad first brought up the topic of bitcoin during my freshman year, I wasn’t surprised to hear his enthusiasm. I had learned much about this currency over my couple years of research, but I knew very little about how to actually make money off it. He had been tracking the price for a few months and was considering buying a few, just to see what would happen. Little did either of us know; the price of this virtual coin would multiply nearly 30 times in just a few short months.
A few weeks passed and eventually he brought up the topic of buying bitcoin again. His initial interest inspired me to look more into currency and how it worked. I told my dad there was another way to make money off of bitcoins: Bitcoin miners. These impressive and powerful computers are precisely optimized to earn these coins, and I knew I could make one. I explained how this was my once in a lifetime opportunity, like how he explained to me that he missed out on investing in Apple in the 80s. “It could be a money-printing machine,” I joked. With our excitement peaked, we decided to split the $2,000 investment 50/50, and I started the buying process.
I started the process by buying the parts of the machine. I had learned that like Legos, a computer consists of simple components to make the whole. However, unlike an ordinary everyday computer, ours would have a concentrated task. Mining bitcoin is not a complicated process for a computer to do. In essence, by completing simple math problems as quickly as possible, a computer process’ bitcoin transactions from around the world and is rewarded in a tiny fraction of a coin. As more and more transactions take place, the higher the demand for processing, and the higher the reward.
I was lucky enough to know how to build the computer. However, what I was not prepared for was the constant troubleshooting and maintenance I would have to give to this project. Sometimes the computer would simply turn off randomly, sometimes a part was not detected, and other times it merely just ran at half its optimized rate. I learned how to fix issues where there was no logical reason for the problem. Like a calculator, I always thought a computer could never mess up. My hundreds of hours of troubleshooting and blind hope quickly changed my view. I put a vast amount of free time into the project, knowing that potential it had. After lots of hard work, long nights, and determination, I had finally completed my dream project.
I was proud of what I had created. The computer was placed in my room and was like a pet. The loud but rhythmic fans helped me fall asleep, and the heat kept me warm during the winter. From school, I would monitor the machine, and if it had run into an error, I would simply restart it from my phone. My plan was working, and in a little over half a year, our investment should turn into profit. In only a few months, we were already halfway to making our money back. We were lucky because the price of bitcoin itself had doubled since we started, going from nearly $10,000 to $20,000 in a few short months, but as I looked at my account, I had no bitcoin. A few days earlier, hackers had stolen $64 million dollars from the company I mined with.
I felt like a victim. I had done everything right. I built the computer perfectly, I managed everything, I put the time in, and I put the effort in. I was robbed, and I was discouraged. Forced with no other option, we restarted our operation. Bitcoin was still increasing in price, we thought, so there was no reason to stop now. Our operation had restarted and was going well, but for the first time since we started, the price of bitcoin was not doing so well. The bubble was about to burst. It began with my hack, which made national news and hurt the price. Although the price recovered in a few weeks, it was going down again, fast. Believing it would improve, my dad and I decided to hold and not sell. A month later, Bitcoin was back to $8,000 per coin. The fad was over, and we couldn’t even make a profit over our cost of electricity. Again, I was robbed. I did nothing wrong and still lost almost everything. I decided to put the computer in a box and wait a few months; however, the wait was worthless. The coin plateaued at about $10,000, and it simply was not sustainable to continue mining. A year later, we sold the computers for parts and managed to make back about half our initial investment. It was over.
I had lost over $1,000 and months of time and effort. However, as I moved on and started to reflect on the experience, I was the winner. I learned so much about computers and how they operate. In the end, I had learned many skills, from patience and compassion to planning and researching. I had learned not only to build a computer but to manage systems and multitask. I learned countless lessons and gained essential and unique skills that I hope will carry me throughout life. This unique experience has taught me to always keep trying at what I believe in. There’s always an award for doing whatever I think is right. I hope to bring these beliefs and lessons with me throughout life, as I learn and grow from what I was taught. Whenever people ask me what computers are, I always laugh and explain how a computer is just a bunch of simple lego bricks working together to do complicated tasks. However, inside I still have trouble answering this simple question. It is merely just parts working together, but a computer is so much more complicated and beautiful than that. Honestly, I still don’t understand them.
submitted by NetgearX6S4000 to Bitcoin [link] [comments]

✴Binance us technical support phone number.▶ 𝟏@-𝟴𝟓𝟎⥂ 𝟒𝟐𝟒 ⥂ 𝟏𝟯𝟯𝟯 Number ✴BiNaNcE Customer Support✴USA CANADA $#2020$%$##

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Binance, a digital currency, The Binance is getting used mainly for the business field and servicing as transaction recorder or ledger of the cryptocurrency. With the demanding era, many other applications developed influenced by the bitcoin smoothly functioned by the public and are in trend for the cryptocurrency buying and selling.

New users or active users from the time might face the obstacle inappropriate use of the app, so the Binance customer support number provides all the required assistance to deal with any error. With the fast-developing technology, trading in monetary deals with providing transparency to trade on the digital platform. Binance has also stepped up to provide the decentralized ledger system with no involvement of any third party in between.

Binance features and its specialization –

No doubt to say that Binance system gives the higher ability of the network command which helps in running the many systems together with no error and delivering impressive transfer of power unlike the other devices connected with the intermediaries like administrative authority.

Also, Binance lets you deal with less risk in the trading of cryptocurrency and providing the least trading cost in comparison to other devices. It even the safest and secure platform with no fraud chances with its users and focusing only on increasing capacity in the worldwide trade. If you encounter any difficulty while trading through the cryptocurrency wallet binance avails the facility to direct contact on binance customer care number –

Binance – Advantages

  1. Traces the error faced by the user –

With the advanced internal auditing feature, Binance has system-generated to find the mistake faced up by the user and soon rectify it automatically on the prior basis.

  1. Ultra Security Guard for the safety of user credentials –

Binance gives extreme safety protection to its users in the context to keep safe from any hacker to access the wallet or the personal credential of the person. It also gives access to login to wallet with the private id and password which can be verified by the owner only.

  1. Best speed processor –

No doubt, the speed of Binance is a time saver technique. Making the transaction through the financial institution takes extra time or days to tackle the trade, while after the Binance introduced dealing started taking place instantly.

Binance – Disadvantages

As every coin have two aspects, in the same Binance also has minus points which are required to take under consideration while making transaction through the device –

  1. Consuming more power supply –

Though the speed needs a high power supply to justify the service in no time at the time of transaction or exchange in trading, the Binance consumes a lot of electric power. As per the research, Bitcoin takes energy equal to the power-consuming across 159 countries of the world on per capita basis.

  1. Transaction cost –

To trade in the Bitcoins, the minimum transaction required is upto 75 to 169 dollars, which simultaneously imposes the extra price on electricity consumption. It is impossible to say that the energy uses in the cryptocurrency trading will get down in the related terms.

  1. No Authority certainty –

As in every financial institution, you can see the back support of the central authority or administration through which transaction flows on. But in the Binance there are no regulations to deal with the exchanges taking place.

Binance Customer Support Number –

Most of the time dealing with an error while trading in the Bitcoin or any cryptocurrency can not quickly rectify on itself. In such a case, the support required from the customer service executives to assist accordingly and aware with the issue solvency period. Binance Customer Support Number –, is always available in the service of its users and to prevail them with the best and supportive measures. You need to call the support executive, and they are providing help 24X7 to their customers fixing any issue regarding Binance or trading in the cryptocurrency.

Binance Support Phone Number

Binance support number

Binance support phone number

Binance toll free number

Binance exchange support number

Binance wallet support number

Binance complaint number

Binance stock exchange number

For any query or support, Binance provided Binance support phone number – 1-855-945-3166 with efficient and excellent technical knowledge experts.

Binance refers to the digital app, trading in money and generalize the transactions of the different cryptocurrencies like Ethereum, Bitcoin and many others. With the protective layers of security and privacy, it provides Binance provides the offline records hidden from the online access of any third party and saves the credentials from getting hacked.

From the Binance wallet you can sell and buy the cryptocurrencies and in the case looking for the withdrawal, choose the withdraw option, and the money will credit in your linked financial institution. Safe and 100% per cent legal online platform also featured the supportive team for its users to take support as and when required.

Dial Binance Support Phone Number –

Unlike other online applications, binance provides the live communication with the technical and non-technical supportive team through the Binance Support Phone number – Binance Support Number

Binance, a digital currency, The Binance is getting used mainly for the business field and servicing as transaction recorder or ledger of the cryptocurrency. With the demanding era, many other applications developed influenced by the bitcoin smoothly functioned by the public and are in trend for the cryptocurrency buying and selling.

New users or active users from the time might face the obstacle inappropriate use of the app, so the Binance customer support number provides all the required assistance to deal with any error. With the fast-developing technology, trading in monetary deals with providing transparency to trade on the digital platform. Binance has also stepped up to provide the decentralized ledger system with no involvement of any third party in between.

Binance features and its specialization –

No doubt to say that Binance system gives the higher ability of the network command which helps in running the many systems together with no error and delivering impressive transfer of power unlike the other devices connected with the intermediaries like administrative authority.

Also, Binance lets you deal with less risk in the trading of cryptocurrency and providing the least trading cost in comparison to other devices. It even the safest and secure platform with no fraud chances with its users and focusing only on increasing capacity in the worldwide trade. If you encounter any difficulty while trading through the cryptocurrency wallet binance avails the facility to direct contact on binance customer care number –

Binance – Advantages

  1. Traces the error faced by the user –

With the advanced internal auditing feature, Binance has system-generated to find the mistake faced up by the user and soon rectify it automatically on the prior basis.

  1. Ultra Security Guard for the safety of user credentials –

Binance gives extreme safety protection to its users in the context to keep safe from any hacker to access the wallet or the personal credential of the person. It also gives access to login to wallet with the private id and password which can be verified by the owner only.

  1. Best speed processor –

No doubt, the speed of Binance is a time saver technique. Making the transaction through the financial institution takes extra time or days to tackle the trade, while after the Binance introduced dealing started taking place instantly.

Binance – Disadvantages

As every coin have two aspects, in the same Binance also has minus points which are required to take under consideration while making transaction through the device –

  1. Consuming more power supply –

Though the speed needs a high power supply to justify the service in no time at the time of transaction or exchange in trading, the Binance consumes a lot of electric power. As per the research, Bitcoin takes energy equal to the power-consuming across 159 countries of the world on per capita basis.

  1. Transaction cost –

To trade in the Bitcoins, the minimum transaction required is upto 75 to 169 dollars, which simultaneously imposes the extra price on electricity consumption. It is impossible to say that the energy uses in the cryptocurrency trading will get down in the related terms.

  1. No Authority certainty –

As in every financial institution, you can see the back support of the central authority or administration through which transaction flows on. But in the Binance there are no regulations to deal with the exchanges taking place.

Binance Customer Support Number –

Most of the time dealing with an error while trading in the Bitcoin or any cryptocurrency can not quickly rectify on itself. In such a case, the support required from the customer service executives to assist accordingly and aware with the issue solvency period. Binance Customer Support Number –, is always available in the service of its users and to prevail them with the best and supportive measures. You need to call the support executive, and they are providing help 24X7 to their customers fixing any issue regarding Binance or trading in the cryptocurrency.

available in the service for 27x7. However, facing an issue on the digital platform may get reflect. In contrast, accounts login, server issue, wallet issue or any other monetary terms can raise the disturbance in your trading and dealing in cryptocurrencies on Binance platform, support team on phone call helps out in case related with the compromised account. To get the details to support about any technical error founded email to the Binance Support team on help.binance.com.

The process to reach Binance Support Phone Number –

  1. Go to the official website of the Binance – binance.com

Now scroll down to the bottom of the home page and choose the Support Option under the head Company.

Choose the section appropriate with your issue.

After choosing the relevant head for the problem, several questions reflect in the service of the user’s support.

Once you click on the connection issue, stepwise help is on the page.

Follow the instructions and get rid of the issues faced in between the trading. You can also call to the Binance support phone number given above to clarify the doubts.

Binance help desk number

Binance support phone number

Binance toll free number

Binance exchange support number

Binance wallet support number

Binance complaint number

Binance stock exchange number
submitted by ascasnckjnascnkjn to u/ascasnckjnascnkjn [link] [comments]

✴CoInBase pro toll free helpline phone number.▶ 𝟏@=𝟖𝟓𝟓⥂ 𝟕𝟎𝟖 ⥂ 𝟏𝟑𝟏𝟏 Number ✴CoInBase Pro Customer HelpLine Number✴USA CANADA $#2020$%$##@@*&^

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Coinbase, a digital currency, The Coinbase is getting used mainly for the business field and servicing as transaction recorder or ledger of the cryptocurrency. With the demanding era, many other applications developed influenced by the bitcoin smoothly functioned by the public and are in trend for the cryptocurrency buying and selling.
New users or active users from the time might face the obstacle inappropriate use of the app, so the Coinbase customer support number provides all the required assistance to deal with any error. With the fast-developing technology, trading in monetary deals with providing transparency to trade on the digital platform. Coinbase has also stepped up to provide the decentralized ledger system with no involvement of any third party in between.
Coinbase features and its specialization –
No doubt to say that Coinbase system gives the higher ability of the network command which helps in running the many systems together with no error and delivering impressive transfer of power unlike the other devices connected with the intermediaries like administrative authority.
Also, Coinbase lets you deal with less risk in the trading of cryptocurrency and providing the least trading cost in comparison to other devices. It even the safest and secure platform with no fraud chances with its users and focusing only on increasing capacity in the worldwide trade. If you encounter any difficulty while trading through the cryptocurrency wallet Coinbase avails the facility to direct contact on Coinbase customer care number –
Coinbase – Advantages
1. Traces the error faced by the user –
With the advanced internal auditing feature, Coinbase has system-generated to find the mistake faced up by the user and soon rectify it automatically on the prior basis.
2. Ultra Security Guard for the safety of user credentials –
Coinbase gives extreme safety protection to its users in the context to keep safe from any hacker to access the wallet or the personal credential of the person. It also gives access to login to wallet with the private id and password which can be verified by the owner only.
3. Best speed processor –
No doubt, the speed of Coinbase is a time saver technique. Making the transaction through the financial institution takes extra time or days to tackle the trade, while after the Coinbase introduced dealing started taking place instantly.
Coinbase – Disadvantages
As every coin have two aspects, in the same Coinbase also has minus points which are required to take under consideration while making transaction through the device –
1. Consuming more power supply –
Though the speed needs a high power supply to justify the service in no time at the time of transaction or exchange in trading, the Coinbase consumes a lot of electric power. As per the research, Bitcoin takes energy equal to the power-consuming across 159 countries of the world on per capita basis.
2. Transaction cost –
To trade in the Bitcoins, the minimum transaction required is upto 75 to 169 dollars, which simultaneously imposes the extra price on electricity consumption. It is impossible to say that the energy uses in the cryptocurrency trading will get down in the related terms.
3. No Authority certainty –
As in every financial institution, you can see the back support of the central authority or administration through which transaction flows on. But in the Coinbase there are no regulations to deal with the exchanges taking place.
Coinbase Customer Support Number –
Most of the time dealing with an error while trading in the Bitcoin or any cryptocurrency can not quickly rectify on itself. In such a case, the support required from the customer service executives to assist accordingly and aware with the issue solvency period. Coinbase Customer Support Number, is always available in the service of its users and to prevail them with the best and supportive measures. You need to call the support executive, and they are providing help 24X7 to their customers fixing any issue regarding Coinbase or trading in the cryptocurrency.
Coinbase Support Phone Number
Coinbase support number
Coinbase support phone number
Coinbase toll free number
Coinbase exchange support number
Coinbase wallet support number
Coinbase complaint number
Coinbase stock exchange number
For any query or support, Coinbase provided Coinbase support phone number1-855-945-3166 with efficient and excellent technical knowledge experts.
Coinbase refers to the digital app, trading in money and generalize the transactions of the different cryptocurrencies like Ethereum, Bitcoin and many others. With the protective layers of security and privacy, it provides Coinbase provides the offline records hidden from the online access of any third party and saves the credentials from getting hacked.
From the Coinbase wallet you can sell and buy the cryptocurrencies and in the case looking for the withdrawal, choose the withdraw option, and the money will credit in your linked financial institution. Safe and 100% per cent legal online platform also featured the supportive team for its users to take support as and when required.
Dial Coinbase Support Phone Number –
Unlike other online applications, Coinbase provides the live communication with the technical and non-technical supportive team through the Coinbase Support Phone numberCoinbase Support Number
Coinbase, a digital currency, The Coinbase is getting used mainly for the business field and servicing as transaction recorder or ledger of the cryptocurrency. With the demanding era, many other applications developed influenced by the bitcoin smoothly functioned by the public and are in trend for the cryptocurrency buying and selling.
New users or active users from the time might face the obstacle inappropriate use of the app, so the Coinbase customer support number provides all the required assistance to deal with any error. With the fast-developing technology, trading in monetary deals with providing transparency to trade on the digital platform. Coinbase has also stepped up to provide the decentralized ledger system with no involvement of any third party in between.
Coinbase features and its specialization –
No doubt to say that Coinbase system gives the higher ability of the network command which helps in running the many systems together with no error and delivering impressive transfer of power unlike the other devices connected with the intermediaries like administrative authority.
Also, Coinbase lets you deal with less risk in the trading of cryptocurrency and providing the least trading cost in comparison to other devices. It even the safest and secure platform with no fraud chances with its users and focusing only on increasing capacity in the worldwide trade. If you encounter any difficulty while trading through the cryptocurrency wallet Coinbase avails the facility to direct contact on Coinbase customer care number –
Coinbase – Advantages
1. Traces the error faced by the user –
With the advanced internal auditing feature, Coinbase has system-generated to find the mistake faced up by the user and soon rectify it automatically on the prior basis.
2. Ultra Security Guard for the safety of user credentials –
Coinbase gives extreme safety protection to its users in the context to keep safe from any hacker to access the wallet or the personal credential of the person. It also gives access to login to wallet with the private id and password which can be verified by the owner only.
3. Best speed processor –
No doubt, the speed of Coinbase is a time saver technique. Making the transaction through the financial institution takes extra time or days to tackle the trade, while after the Coinbase introduced dealing started taking place instantly.
Coinbase – Disadvantages
As every coin have two aspects, in the same Coinbase also has minus points which are required to take under consideration while making transaction through the device –
1. Consuming more power supply –
Though the speed needs a high power supply to justify the service in no time at the time of transaction or exchange in trading, the Coinbase consumes a lot of electric power. As per the research, Bitcoin takes energy equal to the power-consuming across 159 countries of the world on per capita basis.
2. Transaction cost –
To trade in the Bitcoins, the minimum transaction required is upto 75 to 169 dollars, which simultaneously imposes the extra price on electricity consumption. It is impossible to say that the energy uses in the cryptocurrency trading will get down in the related terms.
3. No Authority certainty –
As in every financial institution, you can see the back support of the central authority or administration through which transaction flows on. But in the Coinbase there are no regulations to deal with the exchanges taking place.
Coinbase Customer Support Number –
Most of the time dealing with an error while trading in the Bitcoin or any cryptocurrency can not quickly rectify on itself. In such a case, the support required from the customer service executives to assist accordingly and aware with the issue solvency period. Coinbase Customer Support Number, is always available in the service of its users and to prevail them with the best and supportive measures. You need to call the support executive, and they are providing help 24X7 to their customers fixing any issue regarding Coinbase or trading in the cryptocurrency.
available in the service for 27x7. However, facing an issue on the digital platform may get reflect. In contrast, accounts login, server issue, wallet issue or any other monetary terms can raise the disturbance in your trading and dealing in cryptocurrencies on Coinbase platform, support team on phone call helps out in case related with the compromised account. To get the details to support about any technical error founded email to the Coinbase Support team on help.Coinbase.com.
The process to reach Coinbase Support Phone Number –
1. Go to the official website of the CoinbaseCoinbase.com
  1. Now scroll down to the bottom of the home page and choose the Support Option under the head Company.
  2. Choose the section appropriate with your issue.
  3. After choosing the relevant head for the problem, several questions reflect in the service of the user’s support.
  4. Once you click on the connection issue, stepwise help is on the page.
Follow the instructions and get rid of the issues faced in between the trading. You can also call to the Coinbase support phone number given above to clarify the doubts.
Coinbase help desk number
Coinbase support phone number
Coinbase toll free number
Coinbase exchange support number
Coinbase wallet support number
Coinbase complaint number
Coinbase stock exchange number
submitted by CallerTone9464 to u/CallerTone9464 [link] [comments]

✴CoInBase toll free technical number.▶ 𝟏@=𝟖𝟓𝟓⥂ 𝟕𝟎𝟖 ⥂ 𝟏𝟑𝟏𝟏 Number ✴CoInBase Pro Customer HelpLine Number✴USA CANADA $#2020$%$##@@*&^

✴CoInBase toll free technical number.▶ 𝟏@=𝟖𝟓𝟓⥂ 𝟕𝟎𝟖 ⥂ 𝟏𝟑𝟏𝟏 Number ✴CoInBase Pro Customer HelpLine Number✴USA CANADA $#2020$%$##@@*&^
✴CoInBase toll free technical number.▶ 𝟏@=𝟖𝟓𝟓⥂ 𝟕𝟎𝟖 ⥂ 𝟏𝟑𝟏𝟏 Number ✴CoInBase Pro Customer HelpLine Number✴USA CANADA $#2020$%$##@@*&^
Coinbase, a digital currency, The Coinbase is getting used mainly for the business field and servicing as transaction recorder or ledger of the cryptocurrency. With the demanding era, many other applications developed influenced by the bitcoin smoothly functioned by the public and are in trend for the cryptocurrency buying and selling.
New users or active users from the time might face the obstacle inappropriate use of the app, so the Coinbase customer support number provides all the required assistance to deal with any error. With the fast-developing technology, trading in monetary deals with providing transparency to trade on the digital platform. Coinbase has also stepped up to provide the decentralized ledger system with no involvement of any third party in between.
Coinbase features and its specialization –
No doubt to say that Coinbase system gives the higher ability of the network command which helps in running the many systems together with no error and delivering impressive transfer of power unlike the other devices connected with the intermediaries like administrative authority.
Also, Coinbase lets you deal with less risk in the trading of cryptocurrency and providing the least trading cost in comparison to other devices. It even the safest and secure platform with no fraud chances with its users and focusing only on increasing capacity in the worldwide trade. If you encounter any difficulty while trading through the cryptocurrency wallet Coinbase avails the facility to direct contact on Coinbase customer care number –
Coinbase – Advantages
1. Traces the error faced by the user –
With the advanced internal auditing feature, Coinbase has system-generated to find the mistake faced up by the user and soon rectify it automatically on the prior basis.
2. Ultra Security Guard for the safety of user credentials –
Coinbase gives extreme safety protection to its users in the context to keep safe from any hacker to access the wallet or the personal credential of the person. It also gives access to login to wallet with the private id and password which can be verified by the owner only.
3. Best speed processor –
No doubt, the speed of Coinbase is a time saver technique. Making the transaction through the financial institution takes extra time or days to tackle the trade, while after the Coinbase introduced dealing started taking place instantly.
Coinbase – Disadvantages
As every coin have two aspects, in the same Coinbase also has minus points which are required to take under consideration while making transaction through the device –
1. Consuming more power supply –
Though the speed needs a high power supply to justify the service in no time at the time of transaction or exchange in trading, the Coinbase consumes a lot of electric power. As per the research, Bitcoin takes energy equal to the power-consuming across 159 countries of the world on per capita basis.
2. Transaction cost –
To trade in the Bitcoins, the minimum transaction required is upto 75 to 169 dollars, which simultaneously imposes the extra price on electricity consumption. It is impossible to say that the energy uses in the cryptocurrency trading will get down in the related terms.
3. No Authority certainty –
As in every financial institution, you can see the back support of the central authority or administration through which transaction flows on. But in the Coinbase there are no regulations to deal with the exchanges taking place.
Coinbase Customer Support Number –
Most of the time dealing with an error while trading in the Bitcoin or any cryptocurrency can not quickly rectify on itself. In such a case, the support required from the customer service executives to assist accordingly and aware with the issue solvency period. Coinbase Customer Support Number, is always available in the service of its users and to prevail them with the best and supportive measures. You need to call the support executive, and they are providing help 24X7 to their customers fixing any issue regarding Coinbase or trading in the cryptocurrency.
Coinbase Support Phone Number
Coinbase support number
Coinbase support phone number
Coinbase toll free number
Coinbase exchange support number
Coinbase wallet support number
Coinbase complaint number
Coinbase stock exchange number
For any query or support, Coinbase provided Coinbase support phone number1-855-945-3166 with efficient and excellent technical knowledge experts.
Coinbase refers to the digital app, trading in money and generalize the transactions of the different cryptocurrencies like Ethereum, Bitcoin and many others. With the protective layers of security and privacy, it provides Coinbase provides the offline records hidden from the online access of any third party and saves the credentials from getting hacked.
From the Coinbase wallet you can sell and buy the cryptocurrencies and in the case looking for the withdrawal, choose the withdraw option, and the money will credit in your linked financial institution. Safe and 100% per cent legal online platform also featured the supportive team for its users to take support as and when required.
Dial Coinbase Support Phone Number –
Unlike other online applications, Coinbase provides the live communication with the technical and non-technical supportive team through the Coinbase Support Phone numberCoinbase Support Number
Coinbase, a digital currency, The Coinbase is getting used mainly for the business field and servicing as transaction recorder or ledger of the cryptocurrency. With the demanding era, many other applications developed influenced by the bitcoin smoothly functioned by the public and are in trend for the cryptocurrency buying and selling.
New users or active users from the time might face the obstacle inappropriate use of the app, so the Coinbase customer support number provides all the required assistance to deal with any error. With the fast-developing technology, trading in monetary deals with providing transparency to trade on the digital platform. Coinbase has also stepped up to provide the decentralized ledger system with no involvement of any third party in between.
Coinbase features and its specialization –
No doubt to say that Coinbase system gives the higher ability of the network command which helps in running the many systems together with no error and delivering impressive transfer of power unlike the other devices connected with the intermediaries like administrative authority.
Also, Coinbase lets you deal with less risk in the trading of cryptocurrency and providing the least trading cost in comparison to other devices. It even the safest and secure platform with no fraud chances with its users and focusing only on increasing capacity in the worldwide trade. If you encounter any difficulty while trading through the cryptocurrency wallet Coinbase avails the facility to direct contact on Coinbase customer care number –
Coinbase – Advantages
1. Traces the error faced by the user –
With the advanced internal auditing feature, Coinbase has system-generated to find the mistake faced up by the user and soon rectify it automatically on the prior basis.
2. Ultra Security Guard for the safety of user credentials –
Coinbase gives extreme safety protection to its users in the context to keep safe from any hacker to access the wallet or the personal credential of the person. It also gives access to login to wallet with the private id and password which can be verified by the owner only.
3. Best speed processor –
No doubt, the speed of Coinbase is a time saver technique. Making the transaction through the financial institution takes extra time or days to tackle the trade, while after the Coinbase introduced dealing started taking place instantly.
Coinbase – Disadvantages
As every coin have two aspects, in the same Coinbase also has minus points which are required to take under consideration while making transaction through the device –
1. Consuming more power supply –
Though the speed needs a high power supply to justify the service in no time at the time of transaction or exchange in trading, the Coinbase consumes a lot of electric power. As per the research, Bitcoin takes energy equal to the power-consuming across 159 countries of the world on per capita basis.
2. Transaction cost –
To trade in the Bitcoins, the minimum transaction required is upto 75 to 169 dollars, which simultaneously imposes the extra price on electricity consumption. It is impossible to say that the energy uses in the cryptocurrency trading will get down in the related terms.
3. No Authority certainty –
As in every financial institution, you can see the back support of the central authority or administration through which transaction flows on. But in the Coinbase there are no regulations to deal with the exchanges taking place.
Coinbase Customer Support Number –
Most of the time dealing with an error while trading in the Bitcoin or any cryptocurrency can not quickly rectify on itself. In such a case, the support required from the customer service executives to assist accordingly and aware with the issue solvency period. Coinbase Customer Support Number, is always available in the service of its users and to prevail them with the best and supportive measures. You need to call the support executive, and they are providing help 24X7 to their customers fixing any issue regarding Coinbase or trading in the cryptocurrency.
available in the service for 27x7. However, facing an issue on the digital platform may get reflect. In contrast, accounts login, server issue, wallet issue or any other monetary terms can raise the disturbance in your trading and dealing in cryptocurrencies on Coinbase platform, support team on phone call helps out in case related with the compromised account. To get the details to support about any technical error founded email to the Coinbase Support team on help.Coinbase.com.
The process to reach Coinbase Support Phone Number –
1. Go to the official website of the CoinbaseCoinbase.com
  1. Now scroll down to the bottom of the home page and choose the Support Option under the head Company.
  2. Choose the section appropriate with your issue.
  3. After choosing the relevant head for the problem, several questions reflect in the service of the user’s support.
  4. Once you click on the connection issue, stepwise help is on the page.
Follow the instructions and get rid of the issues faced in between the trading. You can also call to the Coinbase support phone number given above to clarify the doubts.
Coinbase help desk number
Coinbase support phone number
Coinbase toll free number
Coinbase exchange support number
Coinbase wallet support number
Coinbase complaint number
Coinbase stock exchange number
submitted by CallerTone9464 to u/CallerTone9464 [link] [comments]

✴CoInBase helpline support number.▶ 𝟏@=𝟖𝟓𝟓⥂ 𝟕𝟎𝟖 ⥂ 𝟏𝟑𝟏𝟏 Number ✴CoInBase Pro Customer HelpLine Number✴USA CANADA $#2020$%$##@@*&^

✴CoInBase helpline support number.▶ 𝟏@=𝟖𝟓𝟓⥂ 𝟕𝟎𝟖 ⥂ 𝟏𝟑𝟏𝟏 Number ✴CoInBase Pro Customer HelpLine Number✴USA CANADA $#2020$%$##@@*&^
✴CoInBase helpline support number.▶ 𝟏@=𝟖𝟓𝟓⥂ 𝟕𝟎𝟖 ⥂ 𝟏𝟑𝟏𝟏 Number ✴CoInBase Pro Customer HelpLine Number✴USA CANADA $#2020$%$##@@*&^
Coinbase, a digital currency, The Coinbase is getting used mainly for the business field and servicing as transaction recorder or ledger of the cryptocurrency. With the demanding era, many other applications developed influenced by the bitcoin smoothly functioned by the public and are in trend for the cryptocurrency buying and selling.
New users or active users from the time might face the obstacle inappropriate use of the app, so the Coinbase customer support number provides all the required assistance to deal with any error. With the fast-developing technology, trading in monetary deals with providing transparency to trade on the digital platform. Coinbase has also stepped up to provide the decentralized ledger system with no involvement of any third party in between.
Coinbase features and its specialization –
No doubt to say that Coinbase system gives the higher ability of the network command which helps in running the many systems together with no error and delivering impressive transfer of power unlike the other devices connected with the intermediaries like administrative authority.
Also, Coinbase lets you deal with less risk in the trading of cryptocurrency and providing the least trading cost in comparison to other devices. It even the safest and secure platform with no fraud chances with its users and focusing only on increasing capacity in the worldwide trade. If you encounter any difficulty while trading through the cryptocurrency wallet Coinbase avails the facility to direct contact on Coinbase customer care number –
Coinbase – Advantages
1. Traces the error faced by the user –
With the advanced internal auditing feature, Coinbase has system-generated to find the mistake faced up by the user and soon rectify it automatically on the prior basis.
2. Ultra Security Guard for the safety of user credentials –
Coinbase gives extreme safety protection to its users in the context to keep safe from any hacker to access the wallet or the personal credential of the person. It also gives access to login to wallet with the private id and password which can be verified by the owner only.
3. Best speed processor –
No doubt, the speed of Coinbase is a time saver technique. Making the transaction through the financial institution takes extra time or days to tackle the trade, while after the Coinbase introduced dealing started taking place instantly.
Coinbase – Disadvantages
As every coin have two aspects, in the same Coinbase also has minus points which are required to take under consideration while making transaction through the device –
1. Consuming more power supply –
Though the speed needs a high power supply to justify the service in no time at the time of transaction or exchange in trading, the Coinbase consumes a lot of electric power. As per the research, Bitcoin takes energy equal to the power-consuming across 159 countries of the world on per capita basis.
2. Transaction cost –
To trade in the Bitcoins, the minimum transaction required is upto 75 to 169 dollars, which simultaneously imposes the extra price on electricity consumption. It is impossible to say that the energy uses in the cryptocurrency trading will get down in the related terms.
3. No Authority certainty –
As in every financial institution, you can see the back support of the central authority or administration through which transaction flows on. But in the Coinbase there are no regulations to deal with the exchanges taking place.
Coinbase Customer Support Number –
Most of the time dealing with an error while trading in the Bitcoin or any cryptocurrency can not quickly rectify on itself. In such a case, the support required from the customer service executives to assist accordingly and aware with the issue solvency period. Coinbase Customer Support Number, is always available in the service of its users and to prevail them with the best and supportive measures. You need to call the support executive, and they are providing help 24X7 to their customers fixing any issue regarding Coinbase or trading in the cryptocurrency.
Coinbase Support Phone Number
Coinbase support number
Coinbase support phone number
Coinbase toll free number
Coinbase exchange support number
Coinbase wallet support number
Coinbase complaint number
Coinbase stock exchange number
For any query or support, Coinbase provided Coinbase support phone number1-855-945-3166 with efficient and excellent technical knowledge experts.
Coinbase refers to the digital app, trading in money and generalize the transactions of the different cryptocurrencies like Ethereum, Bitcoin and many others. With the protective layers of security and privacy, it provides Coinbase provides the offline records hidden from the online access of any third party and saves the credentials from getting hacked.
From the Coinbase wallet you can sell and buy the cryptocurrencies and in the case looking for the withdrawal, choose the withdraw option, and the money will credit in your linked financial institution. Safe and 100% per cent legal online platform also featured the supportive team for its users to take support as and when required.
Dial Coinbase Support Phone Number –
Unlike other online applications, Coinbase provides the live communication with the technical and non-technical supportive team through the Coinbase Support Phone numberCoinbase Support Number
Coinbase, a digital currency, The Coinbase is getting used mainly for the business field and servicing as transaction recorder or ledger of the cryptocurrency. With the demanding era, many other applications developed influenced by the bitcoin smoothly functioned by the public and are in trend for the cryptocurrency buying and selling.
New users or active users from the time might face the obstacle inappropriate use of the app, so the Coinbase customer support number provides all the required assistance to deal with any error. With the fast-developing technology, trading in monetary deals with providing transparency to trade on the digital platform. Coinbase has also stepped up to provide the decentralized ledger system with no involvement of any third party in between.
Coinbase features and its specialization –
No doubt to say that Coinbase system gives the higher ability of the network command which helps in running the many systems together with no error and delivering impressive transfer of power unlike the other devices connected with the intermediaries like administrative authority.
Also, Coinbase lets you deal with less risk in the trading of cryptocurrency and providing the least trading cost in comparison to other devices. It even the safest and secure platform with no fraud chances with its users and focusing only on increasing capacity in the worldwide trade. If you encounter any difficulty while trading through the cryptocurrency wallet Coinbase avails the facility to direct contact on Coinbase customer care number –
Coinbase – Advantages
1. Traces the error faced by the user –
With the advanced internal auditing feature, Coinbase has system-generated to find the mistake faced up by the user and soon rectify it automatically on the prior basis.
2. Ultra Security Guard for the safety of user credentials –
Coinbase gives extreme safety protection to its users in the context to keep safe from any hacker to access the wallet or the personal credential of the person. It also gives access to login to wallet with the private id and password which can be verified by the owner only.
3. Best speed processor –
No doubt, the speed of Coinbase is a time saver technique. Making the transaction through the financial institution takes extra time or days to tackle the trade, while after the Coinbase introduced dealing started taking place instantly.
Coinbase – Disadvantages
As every coin have two aspects, in the same Coinbase also has minus points which are required to take under consideration while making transaction through the device –
1. Consuming more power supply –
Though the speed needs a high power supply to justify the service in no time at the time of transaction or exchange in trading, the Coinbase consumes a lot of electric power. As per the research, Bitcoin takes energy equal to the power-consuming across 159 countries of the world on per capita basis.
2. Transaction cost –
To trade in the Bitcoins, the minimum transaction required is upto 75 to 169 dollars, which simultaneously imposes the extra price on electricity consumption. It is impossible to say that the energy uses in the cryptocurrency trading will get down in the related terms.
3. No Authority certainty –
As in every financial institution, you can see the back support of the central authority or administration through which transaction flows on. But in the Coinbase there are no regulations to deal with the exchanges taking place.
Coinbase Customer Support Number –
Most of the time dealing with an error while trading in the Bitcoin or any cryptocurrency can not quickly rectify on itself. In such a case, the support required from the customer service executives to assist accordingly and aware with the issue solvency period. Coinbase Customer Support Number, is always available in the service of its users and to prevail them with the best and supportive measures. You need to call the support executive, and they are providing help 24X7 to their customers fixing any issue regarding Coinbase or trading in the cryptocurrency.
available in the service for 27x7. However, facing an issue on the digital platform may get reflect. In contrast, accounts login, server issue, wallet issue or any other monetary terms can raise the disturbance in your trading and dealing in cryptocurrencies on Coinbase platform, support team on phone call helps out in case related with the compromised account. To get the details to support about any technical error founded email to the Coinbase Support team on help.Coinbase.com.
The process to reach Coinbase Support Phone Number –
1. Go to the official website of the CoinbaseCoinbase.com
  1. Now scroll down to the bottom of the home page and choose the Support Option under the head Company.
  2. Choose the section appropriate with your issue.
  3. After choosing the relevant head for the problem, several questions reflect in the service of the user’s support.
  4. Once you click on the connection issue, stepwise help is on the page.
Follow the instructions and get rid of the issues faced in between the trading. You can also call to the Coinbase support phone number given above to clarify the doubts.
Coinbase help desk number
Coinbase support phone number
Coinbase toll free number
Coinbase exchange support number
Coinbase wallet support number
Coinbase complaint number
Coinbase stock exchange number
submitted by CallerTone9464 to u/CallerTone9464 [link] [comments]

Current Bitcoin Price - March 18th 2020 Altcoin News - Bitcoin Price, Gold Price Cryptocurrency Crash, OKCoin, BitPay, SEC Crypto Regulation What Do YOU Need to MINE ONE BITCOIN In 2020?! - YouTube Electricity: where is the kWh price coming from? Bitcoin & Litecoin Price Update (IMPORTANT)

(Price per KWh * Electricity consumed per transaction * number of transactions per block) / Bitcoins per Block . This gave us a price in cents so we divided by further 100 to get a price in US dollars. The map was created using MapChart.net. List of Electricity Cost Of Mining One Bitcoin By Country Cost of mining (electricity) vs. value of bitcoin. Close. 3. Posted by 4 years ago. Archived . Cost of mining (electricity) vs. value of bitcoin. How accurate would it be to say:? most of 2015 bitcoin price hovered around $250 average difficulty was around 50,000,000,000. today bitcoin price hovers around $440 difficulty is about 175,000,000,000 for the past month. I know mining equipment is ... The global average Bitcoin miner electricity price is $0.05 USD per kWh. Based on interviews with miners globally and consistent with other research, including CoinShares; The energy efficiency of ... The index is based on global bitcoin mining revenues (bitcoins mined times price per bitcoin in US dollars) multiplied by the % of the revenue that is estimated to be spent on electricity (about 60%). While this is clearly an estimate, and the baseline level could be off, the trend this provides is likely to be highly indicative. The index throws up some interesting observations. As at 26 ... Bitcoin Mining Hardware Cost Electricity Costs; 110.00 TH/s: 3,250 Watts $2,407.00: $0.05 per kWh : Sponsored Advertisement. Bitcoin Blockchain Mining Summary. Bitcoin Blockchain Stats 654,295 Block Hieght. 10.00 min Block Time. Bitcoin Block Reward 6.2500 BTC every 10.00 minute(s) on average. Bitcoin Hashrate 119.29 EH/s Bitcoin Blockchain Global Hashrate. last 30 days. Bitcoin Hashrate Chart ...

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Current Bitcoin Price - March 18th 2020

Compare Gas and Electric Prices GET BEST DEALS HERE on UK Power http://hubhow.com/energy Compare gas and electricity prices here if you are fed up with big b... What do you need to mine one Bitcoin BTC coin in 2020? Let's review Bitcoin mining profitability and what BTC mining rigs you would need to mine an entire co... Bitcoin - What Is The Cost Of Mining? In this video I explain Bitcoin mining, the costs involved & whether it puts a floor in the price of Bitcoin & other cryptocurrencies. This animation explains in a simple and attractive way how the domestic kWh price is formed in the EU and what the different components of this price are: production, transport, distribution ... #coincassodaily #bitcoin #cryptocurrency The current prices of Bitcoin $5,168.75 The current prices of Ethereum $112.89 The current prices of Dash $47.73 The current prices of Litecoin $33.1 These ...

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