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Re: About blockchain security

Though blockchain is considered secured, there is one problem where “Lie becomes Truth”. Also known as 51% problem. If a large group or an organization holds majority of the network mining power, their decision to approve or disapprove a transaction plays a major in its verification. They can enable...

Re: Bitcoin disadvantages

• The transaction fees increases with decrease in reward. • Insufficient acceptance • Too complicated to understand by general crowd • Irreversibility is not a boon always. Especially when bitcoins are transferred to wrong address. • It is not private actually • Not really used as a currency • Lie b...

Re: Who controls Bitcoin?

Bitcoin is a decentralized cryptocurrency. Hey Jitenrajput. This statement is arguable: https://medium.com/@homakov/stop-calling-bitcoin-decentralized-cb703d69dc27 Hi alexanderisora, Thank you for sharing the blog. I know practically it isn't decentralized as its concept was defined. I have already...

Re: How to stop missing the right time to buy/sell Bitcoin?

Nobody in this cryptocurrency world can tell you the right time for buying and selling bitcoin. You have to set your own entry and exit points. Do your research, install a reliable crypto news app on your phone and set a profit limit. Neither be too greedy nor too generous. Sell off major stocks whe...

Re: Who controls Bitcoin?

Bitcoin is a decentralized cryptocurrency. Formally no one has a control over it. But if we think technically, bitcoin miners have control over the network. And also the people with largest bitcoin holdings as they can change the flow of the market.

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