bitcoin design flaw - New Videos
Channel: Computerphile & Total View: 267736
Add Date: February 12, 2016, 5:00 am & Duration: 00:06:25
Likes: 4513 | Dislike: 512
Bitcoin may be doomed to failure as the blockchain struggles to scale up; Professor Ross Anderson from the University of Cambridge explains.
EXTRA BITS - Bitcoin & Crime: https://youtu.be/ve0HbZ9NHb8
Computers Without Memory: https://youtu.be/vhiiia1_hC4
AI Safety: https://youtu.be/IB1OvoCNnWY
How Bitcoin Works: https://youtu.be/JyxRH18YlpA
This video was filmed and edited by Sean Riley.
Computer Science at the University of Nottingham: http://bit.ly/nottscomputer
Computerphile is a sister project to Brady Haran's Numberphile. More at http://www.bradyharan.com
Channel: StormCloudsGathering & Total View: 536169
Add Date: December 5, 2013, 11:45 am & Duration: 00:03:32
Likes: 4334 | Dislike: 1203
Bitcoin has a fatal design flaw that almost no one is talking about. The current bubble is just the tip of the iceberg.
Script and sources: http://stormcloudsgathering.com/bitcoin-what-youre-not-being-told
Channel: Ivan on Tech & Total View: 4841
Add Date: May 17, 2017, 11:52 am & Duration: 00:08:15
Likes: 155 | Dislike: 12
Has Bitcoin severe design flaws that make it unviable as a cryptocurrency in the long run?
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Channel: Benjamin Faust & Total View: 11912
Add Date: September 30, 2017, 7:27 am & Duration: 00:09:00
Likes: 119 | Dislike: 108
The mysterious cryptocurrency has a major design flaw.
Channel: World Crypto Network & Total View: 5422
Add Date: July 19, 2017, 9:16 am & Duration: 00:12:15
Likes: 323 | Dislike: 10
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Bitcoin soars as miners finally move to solve the digital currency's scaling problem
13 Japanese Exchanges Agree to Suspend Bitcoin Service on August 1
Research Finds Design Flaws in Scaling Proposal Bitcoin Unlimited
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Channel: Daily News & Total View: 32
Add Date: February 18, 2018, 7:14 am & Duration: 00:02:10
Likes: 0 | Dislike: 0
Bitcoin DANGER: Cryptocurrency fans furious as JP Morgan point out ‘simple design flaw’
GETTYJP Morgan has claimed bitcoin will not be able to properly deal with a liquidity crisisThe bank has claimed that bitcoin will not be able to properly deal with a liquidity crisis in the event of ...
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Channel: Hot News & Total View: 3
Add Date: February 19, 2018, 2:33 pm & Duration: 00:02:58
Likes: 0 | Dislike: 0
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Bitcoin DANGER: Cryptocurrency fans furious as JP Morgan point out ‘simple design flaw’
GETTYJP Morgan has claimed bitcoin will not be able to properly deal with a liquidity crisisThe bank has claimed that bitcoin will not be able to properly deal with a liquidity crisis in the event of an economic shock. In the US, when such shocks have occurred, central banks pump additional cash into the economy to address declines in lending and spending in the private sector. However, such a liquidity infusion would be close to impossible with bitcoin because there is no central institution that controls the network and the number of coins released each year is fixed at a certain rate. JP Morgan stated: “The ability to provide adequate liquidity is a hallmark of a well-functioning market, but more so during times of crisis. “One benefit of fiat money is that it can be used to provide emergency liquidity from the outside.“This is the role central banks play as the lender-of-last resort."However, Bitcoin backers hit back at the claims made by the bank, arguing that their case is built ...
Channel: Dustin Nemos & Total View: 2431
Add Date: January 9, 2018, 6:25 pm & Duration: 00:16:50
Likes: 147 | Dislike: 10
Tried to include a popup link as promised, but it requires signing up for the Youtube Partner program and they will reject me based on my content just like they do for other conservative/truth speakers out there. Sorry about that! Links are below though!
1. Bitcoin (BTC)
The most critical flaw in Bitcoin is its lack of privacy. If you give me
your Bitcoin wallet address so that I can send you a payment, you
immediately compromise your privacy. I can see as a matter of public
record how much money you have in your Bitcoin wallet
3 more fatal design flaws.
2. Ethereum (ETH)
Faster, better technology, far more possibilities with Smart Contract
technology, and decentralized apps. Bitcoin is only money.
3. Monero (XMR)
Why might Monero see greater future adoption than Bitcoin?
. Monero’s superior mining algorithm - unlike bitcoin, regular household
computers can get in on the action to earn monero by processing the ledger.
Channel: Engadget & Total View: 7955
Add Date: November 22, 2017, 11:54 am & Duration: 00:01:24
Likes: 181 | Dislike: 6
Intel Inside is now a warning.
Intel has confirmed previous reports that its recent PC, internet of things and server chips are vulnerable to remote hacking. The problem is with the onboard "Management Engine," which has multiple holes that could let remote attackers run malicious software, get privileged access and take over computers. The vulnerability affects sixth, seventh and eighth generation Core chips (Skylake, Kaby Lake and Kaby Lake R), along with Pentium, Celeron, Atom and multiple Xeon chips.
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Engadget is the definitive guide to this connected life.
Channel: Ciceroni & Total View: 1667
Add Date: November 11, 2017, 12:56 pm & Duration: 00:02:30
Likes: 48 | Dislike: 3
This video won 1st prize in the European Central Bank's Euro Video Challenge 2017. Although especially made for the challenge, all content is our own and the ECB took no part in the production of the video.
It gives a brief explanation of the main functions of money and the part a central bank plays in the economy, illustrated with the example of Bitcoin.
For more information on the EU and its institutions please subscribe to our channel.
In this series we explain complex aspects of the EU in a comprehensive and understandable way. If however, despite our diligence and help of Dr. Jan Oster, we have left something out or made a mistake, please be so kind to tell and forgive us.
With Ciceroni we seek to be a guide to European culture and history. We make videos on little known subjects as well as more ubiquitous ones, ranging from current affairs like the European Union, to historic events like the Tulip Mania, and even mythological stories like those of the Greek Gods. In all these videos we strive to present the subjects in a objective manner and within their complex context.
Become a Patron: https://www.patreon.com/Ciceroni
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Channel: $ Bitcoin & Total View: 5
Add Date: January 3, 2018, 9:20 pm & Duration: 00:03:18
Likes: 0 | Dislike: 0
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Channel: Crypto Daddy & Total View: 12
Add Date: February 16, 2018, 8:02 am & Duration: 00:02:06
Likes: 0 | Dislike: 0
NOT A SECURITY FLAW! Just a design flaw. Lots going on in the background but the user does not see it.
Check out the short video
Channel: Future Tech Podcast & Total View: 125
Add Date: June 15, 2017, 12:30 am & Duration: 00:46:42
Likes: 5 | Dislike: 0
Radia Perlman has been designing network and routing protocols for a long time. In the early days, they were pretty fragile. It’s been Perlman’s work that’s made these protocols robust and scalable. She’s literally written the book on these topics, now in a 2nd edition. It’s this perspective Perlman brings to “Blockchain,” which has been hyped as the biggest contribution to computing since the Internet.
It’s hard to define a buzzword like “Blockchain.” You could define it as something as vague and general as “a combination of computers networking,” which doesn’t make it any different from the computing we’ve been doing for decades. Perlman simply defines “Blockchain” as data that’s arranged in chains of blocks. Every chain has a “hash,” which is especially difficult to compute. It’s difficulty is its only security assumption. But how safe is that really? Find out in this podcast.
Here’s a few things you’ll find out:
What the downsides of blockchain technology are
Why Blockchain and Bitcoin could be over-hyped
What the dangers of Bitcoin could be
Channel: Dash - Digital Cash & Total View: 16823
Add Date: July 6, 2016, 10:36 am & Duration: 00:07:42
Likes: 325 | Dislike: 31
The highly-charged debates around both Ethereum's potential hardfork and Bitcoin's block size appear different on the surface, but are caused by the same design flaw -- the lack of a cryptographic polling process. Who are the real stakeholders? What do they really think? How to proceed? No subreddit or Twitter thread can tell -- only a "decision-making engine" of sorts.
- Amanda’s Twitter: http://twitter.com/amandab_johnson
- Amanda’s Facebook: http://facebook.com/dashingamandabjohnson
- Dash-related online discussion: http://dashnation.com/chat
- Dash homepage: http://dash.org
- Send an email to [email protected] with “subscribe” in the subject line
- Summation of Dash network proposals, past & present: http://dashpaymagazine.com/index.php/2016/06/23/dash-dao-10-months-progress-report
- 'Flame war' threads:
Channel: P Branson & Total View: 17
Add Date: January 5, 2018, 3:30 pm & Duration: 00:01:24
Likes: 0 | Dislike: 0
What's happening to Bitcoin & cryptocurrencies 100% Truth
Listen and watch to discover who controls Bitcoin & the cryptocurrencies world. Can governments and financial institutions rule bitcoin and cryptocurrencies?
Channel: GoldSilver (w/ Mike Maloney) & Total View: 500808
Add Date: December 18, 2017, 4:47 am & Duration: 01:14:26
Likes: 10161 | Dislike: 572
Bonus Features: http://www.hiddensecretsofmoney.com Today, mankind stands at a crossroads, and the path that humanity chooses may have a greater impact on our freedom and prosperity than any event in history. In 2008 a new technology was introduced that is so important that its destiny, and the destiny of mankind are inextricably linked. It is so powerful that if captured and controlled, it could enslave all of humanity. But if allowed to remain free and flourish - it could foster unimaginable levels of peace and prosperity. It has the power to replace all financial systems globally, to supplant ninety percent of Wall St, and to provide some functions of government. It has no agenda. It's always fair and impartial. It can not be manipulated, subverted, corrupted or cheated. And - it inverts the power structure and places control of one's destiny in the hands of the individual. In the future, when we look back at the 2.6 million-year timeline of human development and the major turning points that led to modern civilization - the creation of farming, the domestication of animals, the invention of the wheel, the harnessing of electricity and the splitting of the atom - the sixty year development of computers, the internet and this new technology will be looked upon as a single...
Channel: Altcoin Press & Total View: 127
Add Date: March 5, 2014, 7:44 am & Duration: 00:04:20
Likes: 1 | Dislike: 0
The World's first Bitcoin bank has closed after a hacker discovered a weakness in the company's code and made off with $600,000 in bitcoins.
FlexCoin, a bitcoin storage service that boldly claimed to "solve nearly every problem that exists with the Bitcoin currency today", has shutdown after losing 896 bitcoins from its front-end. Yesterday, the company explained that the problem resulted in a design flaw in the site's hot wallet:
"The attacker then successfully exploited a flaw in the code which allows transfers between flexcoin users. By sending thousands of simultaneous requests, the attacker was able to "move" coins from one user account to another until the sending account was overdrawn, before balances were updated."
According to a report by PC World there is some uncertainty as to whether all users will be refunded as the site's terms of services states that the company "is not responsible for insuring any bitcoins stored in the Flexcoin system." And the company's updated website message states:
"As Flexcoin does not have the resources, assets, or otherwise to come back from this loss, we are closing our doors immediately."
This news is being widely circulated among major news outlets this morning at a time...
Channel: NEWS ENGLISH & Total View: 7
Add Date: December 27, 2017, 1:44 am & Duration: 00:01:20
Likes: 0 | Dislike: 0
Bitcoin rose 15 %, recouping about half of the losses it sustained last week, its worst since 2013, as investors who had missed out on earlier rallies, bought the world's biggest and best-known digital currency.
While bitcoin investors and analysts believe last week's decline in its value, was a natural correction after a heady run-up in prices, there have been further warnings from market regulators and central banks.
Bitcoin fell nearly 30% at one stage on Friday to RM11,159 and 93%.
Global market strategist opined, the latest price move, shows Bitcoin is still a speculative investment, despite an enormous amount of volatility.
Critics have pointed to Bitcoin's design flaws, and hacks of digital "wallets", in which bitcoins are kept as an alternative to traditional currencies
Singapore's central bank last week, issued a warning against investment in cryptocurrencies, saying it considers the recent surge in prices to be driven by speculation and that the risk of a sharp fall in prices is high.
Channel: Paul's Hardware & Total View: 71804
Add Date: January 16, 2018, 7:37 pm & Duration: 00:58:54
Likes: 1914 | Dislike: 82
Awesome Hardware #0135-A: Bitcoin Crashes, GPU Prices Skyrocket, Dogs and Cats etc.
Watch Side B on Kyle's Channel! https://www.youtube.com/watch?v=MswqGNXd0Y0
Dual-broadcast LIVE on http://twitch.tv/awesomehardware
We'll be doing another show next Tuesday @ 5:30PM PT!
--== TIMESTAMPS (Courtesy of PlayUltrawide - Thank You!!) ==--
Bitcoin price crashing again 5:30
GTX 1050 Ti Max-Q in the works 11:40
Caution to BitTorrent users 15:32
Intel’s Spectre BIOS fix causes crashes 18:16
ADATA’s Jellyfish RAM 22:26
FCC Plans to Lower Broadband Standards 28:57
WPA3 Improves Wi-Fi Security 32:33
--== LINKS / TOC ==--
Bitcoin price crashing again
GTX 1050 Ti Max-Q in the works https://wccftech.com/nvidia-preparing-geforce-gtx-1050-ti-max-q-design/
Caution to BitTorrent users: Flaw allows hackers to control your computer: https://arstechnica.com/information-technology/2018/01/bittorrent-users-beware-flaw-lets-hackers-control-your-computer/
Intel’s Spectre BIOS fix causes crashes on Broadwell, Haswell systems:...
Channel: Nieves Dantzler & Total View: 0
Add Date: January 26, 2018, 10:51 pm & Duration: 00:06:48
Likes: 0 | Dislike: 0
How to invest in bitcoins https://apyoth.com/click/5a6b70218b30a801558b4567/141594/180333/subaccount
Canadian cryptocurrency startup GreenCoinX is trying to establish itself as an alternative digital currency to Bitcoin, which hasn’t been able to attract many retail users and which has been mired in controversies related to usage by criminals.
GreenCoinX is operated by Toronto-based GreenCoinX Inc and was developed mainly by Ahmedabad-based Nilam Doctor in 2014. Doctor later collaborated with Danny Wettreich, chairman of GreenBank Capital Inc, to form GreenCoinX Inc.
Wettreich is the chairman and CEO of GreenCoinX Inc while Doctor is president and chief technology officer.
The firm claims it offers the most secure form of digital currency as all transactions are based on identification. In fact, it claims to be the first identifiable cryptocurrency that has overcome both the design flaws and the poor reputation of Bitcoin.
“The negative connotations of Bitcoin have kept consumers from using it, and precluded the many benefits of a cryptocurrency from being exploited,” Wettreich said in an interview to VCCTV. “We have created a currency that is acceptable to governments, as the user base is fully...
Channel: DAHBOO77 & Total View: 5197
Add Date: February 13, 2018, 9:42 am & Duration: 00:01:52
Likes: 243 | Dislike: 8
Cybersecurity firm Kaspersky Lab has uncovered a vulnerability in the Telegram desktop app which allows the social messaging app to be exploited for mining cryptocurrencies.
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Channel: Rise Forums & Total View: 8
Add Date: February 18, 2018, 5:30 am & Duration: 00:10:50
Likes: 0 | Dislike: 0
News websites and mainstream media continue to publish negative cryptocurrency articles. Their lack of research into the subject shows incredible bias towards banks.
Referenced in the video:
Beware of the Twitter Crypto Scam -
Bitcoin DANGER: Cryptocurrency fans furious as JP Morgan point out ‘simple design flaw’ -
What's your thoughts on this?
Please let us know below or on Rise Forums at https://www.riseforums.com/threads/mainstream-media-continue-to-attack-cryptocurrency.3116/
--- Connect With Rise Forums ---
Channel: Bitcoinboy & Total View: 84433
Add Date: November 13, 2017, 4:29 pm & Duration: 00:15:00
Likes: 1050 | Dislike: 56
The Lightning Network is a proposed solution to the bitcoin scalability problem, the software uses an off-chain protocol. Andreas Antonopoulos answers questions about the lightning network.
Source material published by the aantonop YouTube channel https://www.youtube.com/user/aantonop under a creative commons licence https://creativecommons.org/
Bitcoin Q&A: Lightning, full nodes, and miners
Bitcoin Q&A: Lightning Network without SegWit? https://youtu.be/wqbQJ82Hf0s
Bitcoin Q&A: The Lightning Network https://youtu.be/vPnO9ExJ50A
Music: The Chemical Brothers - The devil is in the details
What is the role of nodes? https://youtu.be/RyRotqEEHps
How likely is it that Bitcoin will become obsolete? https://youtu.be/tBnC9AhKjws
Follow Andreas on Twitter @aantonop https://twitter.com/aantonop
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Follow Bitcoinboy on Twitter @BitCoinBoy https://twitter.com/BitCoinBoy
If you'd like to support this channel...
Channel: IEEE Symposium on Security and Privacy & Total View: 861
Add Date: September 12, 2015, 11:51 am & Duration: 00:21:59
Likes: 16 | Dislike: 0
SoK: Research Perspectives and Challenges for Bitcoin and Cryptocurrencies
Presented at the
2015 IEEE Symposium on Security & Privacy
May 18--20, 2015
San Jose, CA
Bit coin has emerged as the most successful cryptographic currency in history. Within two years of its quiet launch in 2009, Bit coin grew to comprise billions of dollars of economic value despite only cursory analysis of the system's design. Since then a growing literature has identified hidden-but-important properties of the system, discovered attacks, proposed promising alternatives, and singled out difficult future challenges. Meanwhile a large and vibrant open-source community has proposed and deployed numerous modifications and extensions. We provide the first systematic exposition Bit coin and the many related crypto currencies or 'altcoins.' Drawing from a scattered body of knowledge, we identify three key components of Bit coin's design that can be decoupled. This enables a more insightful analysis of Bit coin's properties and future stability. We map the design space for numerous proposed modifications, providing comparative analyses for alternative consensus mechanisms, currency...
Channel: TechCashHouse & Total View: 1265
Add Date: February 17, 2018, 8:30 pm & Duration: 00:05:55
Likes: 62 | Dislike: 2
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Channel: Brandon Kelly Crypto Trader & Total View: 2412
Add Date: February 5, 2018, 6:36 pm & Duration: 00:15:04
Likes: 86 | Dislike: 6
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Every day we discuss new topics, and the purpose of this community is to provide educational information on cryptocurrency trading and other Fintech products. Additional news topics that may be discussed include various products in the crypto verse such as Ripple (XRP), Litecoin (LTC), and Ethereum (ETH).
Channel: Geologic8 & Total View: 287
Add Date: February 9, 2014, 12:52 am & Duration: 01:01:41
Likes: 2 | Dislike: 0
Revealing Chat as GEI Members Discuss Bitcoins, 8 Feb. 2014
Six people from all over the world with varying degrees of expertise discuss the present reality, and the future of Bitcoins, including:
+ What triggered this week's big price drop?
+ The implications of concentrated coin ownership
+ Are Bitcoins really anonymous? Or just Pseudo-nonymous?
+ Are big coin holders positions "frozen" since Silk Road is busted?
+ When bitcoins are lost, are they lost forever?
+ Is Bitcoins a trojan horse for a new world govt crypto?
+ How well do Bitcoins serve the Functions of Money?
+ What are the Virtues and Flaws of Bitcoins?
A desire is growing to redesign Cryptos, and "design out" some of the flaws, while retaining the virtues.
It may still be possible to get in "on the ground floor" of the redesigned currency, as it launches.
+ About this Video : http://www.greenenergyinvestors.com/index.php?showtopic=18796
+ About Bitcoin --- : http://tinyurl.com/AboutBitcoins
+ The Crypto B&B------- : http://www.loudwaterestate.com
+ H's Bitcoin exchange : http://www.xecnet.com
Channel: CryptoNightly 60 Second Crypto Show & Total View: 23
Add Date: March 31, 2017, 10:27 pm & Duration: 00:01:09
Likes: 1 | Dislike: 0
THE CRYPTO TERM OF THE DAY:
What is often considered a very large flaw in the design of Bitcoin is that hypothetically, if a single entity contributed the majority of the network’s mining hashrate, they would have full control of the network and would be able to manipulate the public ledger (blockchain) at will.
SOURCE: LEARNCRYPTOGRAPHY.COM (https://learncryptography.com/cryptocurrency/51-attack)
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Thanks for watching and have a great weekend!
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Bitcoin cold storage
Channel: CRI & Total View: 51033
Add Date: February 9, 2014, 5:37 am & Duration: 00:10:54
Likes: 935 | Dislike: 13
Are your bitcoins stuck in cold storage or on your paper wallet? Sure those are both GREAT places to keep them, but how do you get them out? What does 'sweeping' mean? These ideas are the goal of this video. Hopefully by the end of these videos you will no longer be afraid to take your bitcoins out of the reaches of malware programmers.
This is part two of our bitcoin security series. Here's the intro to the series...
Bitcoin security? UGH!!! Way too many bitcoins are being stolen by crafty malware programmers.
Bitcoin does so many things better than banks (trusts, escrows, programmable money, cheap transfers, instant accounts, etc.), but one area that is not quite so nice, is security.
While the bitcoin network, itself, appears bullet-proof, lots of bitcoins are being stolen, via hacking, malware and flaws in online wallets and even google's random number generator.
The answer is to get your bitcoins entirely offline, and the two ways to do this are paper wallets and cold storage. The previous video is an introduction to making both, while this video focuses on how to get your bitcoins out of cold storage (to spend, to move to another wallet, etc).
James walks you through the software and...
Channel: BitcoinMeister & Total View: 1580
Add Date: October 13, 2017, 7:14 am & Duration: 00:13:45
Likes: 125 | Dislike: 6
Bitcoin has created a new financial paradigm and has forced longtime precious metals people to change their outlook on gold and silver. BTC is the game changer of all game changers. Who could have predicted crypto-dividends at the start of 2016? What an incredible ride this is!
Andy Hoffman- https://cryptogoldcentral.com/2017/10/12/is-bitcoin-a-superior-store-of-value-to-gold/
WATCH THE AFRICA SHOW- https://www.youtube.com/watch?v=6E11jMJBv8M
Show from earlier today in the pool-
2018 year of the fork- https://medium.com/bitcoinfoundation/a-flaw-in-bitcoins-design-created-the-incentives-for-icos-now-chain-forks-here-s-why-604b35fc2b30
Thursday's show- https://www.youtube.com/watch?v=-ehqN574Ye8
Wednesday's late show- https://www.youtube.com/watch?v=LxbIlIjz2rs
Wednesday 1 Bitcoin Show- https://www.youtube.com/watch?v=9B9i1DcWArs
Wednesday early show- https://www.youtube.com/watch?v=MYhBGd-Nr34
Tuesday's 1 Bitcoin show- https://www.youtube.com/watch?v=YrvfHmnoiH0
Monday's show- https://www.youtube.com/watch?v=b-wEDvlg5as
Bitcoin people you need to know- https://www.youtube.com/watch?v=YuWlWnJqHn4
Channel: CURRENCY365 & Total View: 444
Add Date: January 3, 2018, 4:19 pm & Duration: 00:31:09
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►Rising Ripple Threat Threatens To Usurp Bitcoin: https://news.bitcoin.com/rising-ripple-threatens-usurp-bitcoin-ushering-rippening/
►Storing UTXO As a Bit-Vector: https://news.bitcoin.com/gavin-andresen-drops-a-new-concept-on-github-for-bitcoin-cash/
►Intel CPU Design Flaw: https://www.theregister.co.uk/2018/01/02/intel_cpu_design_flaw/
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Channel: The Cryptoverse & Total View: 11141
Add Date: January 16, 2018, 4:35 am & Duration: 00:09:39
Likes: 475 | Dislike: 17
Subscribe to my DTube channel and earn cryptocurrency rewards for your best comments at: https://d.tube/#!/c/marketingmonk and https://steemit.com/@marketingmonk
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Today’s episode is brought you to by… KuCoin
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**Story - What to do when markets crash**
I really don’t like days like today.
Not because I lose money or because prices drop, but because talking about it gets in the way of the more meaningful stuff I want to talk about.
In general I’m a future oriented person. My mind is naturally calibrated to look way down the road at where things are heading.
This is no doubt why I became so attracted to computers when I was a kid, web design and online marketing at the start of my career and then Bitcoin and cryptocurrencies.
Dips in the market are short term events, they are disposable, tomorrow it will be old news,...
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