Bored? Looking for something to do? Start with this list of things to do in the Sacramento area.
(Credit for the below list has to be given to u/BurritoFueled, who created the original list in 2014 and updated it a year later. Almost two-thirds of the items below are still from that original list. All I’ve done with the list is revive it a little bit by updating dead links and making little tweaks when necessary. Also, thanks to those that submitted new additions to the list last week. Over a third of the below items are new and a lot of the original items have had newer information added onto them.) People are always looking for something to do around here. Maybe you’re a transplant, unaware of what this area has to offer, or maybe you’re a lifelong resident, tired of the same old thing. Well friend, if you fall into the latter category, do not despair. There’s actually plenty of things to do in the Sacramento area – things of interest to almost any lifestyle, personality, or budget. So, whether you’re an athlete, geek, eccentric, hipster, weirdo, sexual deviant or just a normal person looking for a new activity, below is a list of activities for you to try. Please note that it includes only activities that take place at least a few times a year – no one-off events or festivals here. Enjoy this list. If you have any suggestions of your own to add, comment below in this thread. I'll try to keep this as up to date as possible. Away we go. UPDATED 10-6-20 (Note: Due to the current pandemic, some of these activities may be curtailed or not offered at all.)
Become the next Tiger Woods (the golf part, not the cheating, getting your windshield smashed by your wife with one of your golf clubs part). Start by hitting up a driving range at Top Golf or Haggin Oaks.
Purchase the sweetest sweet corn in all the land at the Davis Ranch in Sloughhouse.
When you're done in Sloughhouse, head a little further up the Jackson Highway (just past Rancho Murieta), hang a left on Michigan Bar Road, and cross the bridge (it's safe, trust me!) for one of the most historic, beautiful, and adventurous road trips in the entire area. Make sure you bring a hearty vehicle and avoid during winter and spring.
Check out – or offer your services – at the Oak Park Fix-it Café, a community-powered gathering for repairing and maintaining bicycles, clothing, household items, and the ties that bind a healthy community.
Buy some tricks, attend magic workshops, and become the next David Blaine at Grand Illusions.
Go watch some horseracing at Cal Expo. It’s harness racing from November through April and then traditional horseracing during the state fair. Want to end up with small fortune at the end of your day at the track? It’s easy. Just start your day there with a large fortune.
Watch some high school football! The Sacramento region boasts some of the best high school programs in the state. Check out top notch teams like Grant, Elk Grove, Folsom, and Del Oro to see potential NCAA Division 1 and NFL players of the future.
Watch some college football! Sac State had a huge resurgence in 2019 and UC Davis has always had a solid program. You can also check out the JC teams such as ARC and Sac City.
If Live-Action Role Play (LARP) floats your boat, Sacramento Valley Amtgard has the battles, weapons workshops, and skills classes you've been looking for.
Take a ride on the Sacramento River Train. You can ride the train or power along the tracks yourself with railbikes. They have different train excursions, including beer tasting and wine tasting trips. If you want to book a trip on a weekend, book early.
Want to learn how to fish? Try Fishing in the City from the California Department of Fish and Wildlife. After you’ve learned, check out the blog from FishingBooker on where and when to go fishing and what to expect. For some recent local recommendations, check here, here, here or here.
If fishing tours are more your style, catch your lunch on a guided fishing tour of local waterways.
Take in a play at one of Sacramento's smaller, edgier, more contemporary community theatre companies, like the Big Idea Theatre.
Do you like beer and visiting breweries, but don’t like driving between them? Midtown Sacramento has got you covered! Make a day of it by visiting these breweries, all within easy walking distance of each other: At Ease, Sacrament, Big Stump, Golden Road, Fieldwork, and Alaro. If you don’t mind walking a few extra blocks, you can add Device and Urban Roots to the list.
Ever wanted to learn to sail, kayak or row? You’re in luck! The Sac State Aquatic Center offers lessons for those activities and more.
Antiquing never gets old, right? Visit Midway Antique Mall in Citrus Heights (focusing almost solely on midcentury wares), Antique Trove in Roseville, or the Antique Fair that happens every second Sunday on X Street, under the freeway.
Want to become the next Picasso? You gotta start somewhere, so take a paint and sip class at The Painted Cork in Midtown Sacramento or Historic Folsom.
It’s well known that you can play miniature golf at Scandia, but did you know that there are indoor mini golf courses in the area as well? Try SacMiniGolf in Old Sacramento, Flatstick Pub in DoCo downtown, or even glow-in-the-dark indoor mini golf at Monster Mini Golf in Rancho Cordova or at CaliGlo in Elk Grove.
The Sacramento Cactus and Succulent Society meets, and hosts a talk, at the Shepard Garden and Arts Center in McKinley Park monthly and welcomes guests. They also do field trips and their Annual Show and Sale is a must-see event for plant lovers.
Not to diminish the concert series at Fair Oaks Village Park, but when you hear "concerts in the park", everyone knows that is the Concerts in the Park series in downtown Sacramento. Live local and national acts perform on Friday evenings in the summer, and it’s totally free. If you’re not good with crowds you may want to give this a miss because it is packed!
Vacation or day trip so close, yet feel so far away, along the Delta. Rent a boat, jet skis, a cabin or camping spot, buy some bait and tackle, and/or eat out at various locations on the river.
Take a drive around the world’s smallest mountain range: the Sutter Buttes. You can actually drive around and hike the Sutter Buttes in the same day, however hiking is not free, you must do it as part of a guided group and you have to reserve a spot in advance.
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Posibles escenarios de las criptomonedas en el lapso de 10 años, vistos por expertos
El siguiente ejercicio se hace basado en las posibilidades que tienen las criptomonedas y lo que probablemente pasará en el escenario económico y político, sustentado en las líneas del presente. Hay para elegir: Dólar digital vs Yuan digital, implante para redes sociales, criptomonedas por producto, criptomonedas por sabor, para todo tipo de causas y personalizadas. Acompáñanos a ver un poco lo que podría pasar con un modelo financiero que llegó para moldear nuestro futuro. https://preview.redd.it/51pxr4z0cxo51.png?width=987&format=png&auto=webp&s=7d1981f042ed1285446535e05cfc67946c2a3c82 Septiembre 23.- Corre el año 2031 y te vas de vacaciones, quieres comprar unos lentes de contacto para sol y usas la realidad aumentada para probarte algunos pares, encuentras uno que te gusta y ahora es el momento de pagar. Tiene tantas opciones de pago como puedas imaginar, que incluyen: el dólar estadounidense digital, pero prefieres no apoyar al gobierno de los Estados Unidos porque no se ha hecho cargo de unirse a las cuotas ecológicas mundiales del mes. Tienes Facebook Libra, pero tiene reservas sobre el nuevo implante cerebral de Facebook, así que no, gracias. Bitcoin, pero no quieres gastar tu oro digital, ya que el precio de BTC acaba de alcanzar los $ 500k, Eyeglass Coin, la moneda nativa de este sitio web de los lentes de contacto de sol, que te ofrece un 10% de descuento. Planet Coin, un proyecto que trabaja para combatir el cambio climático, y así sucesivamente. Esto suena complicado, pero no lo es, ya que tu billetera inteligente calcula instantáneamente todos los tipos de cambio y está perfectamente conectada al sitio web del proveedor de lentes de sol. Lo único que sabemos con certeza sobre el futuro de las monedas mundiales: hay muchos escenarios que están en juego. Como lo ha planteado el gurú de la tecnología financiera, David Birch, que afirma que las potencias mundiales están inmersas en una "Guerra Fría Monetaria", con China y Estados Unidos compitiendo por la supremacía. China se adelantó con el proyecto DCEP (moneda digital / pago eléctrico) respaldado por el gobierno, pero ahora sabemos que la Reserva Federal está experimentando con un dólar digital. Y luego, por supuesto, tenemos los comodines de Bitcoin, el potencial de Libra de Facebook, y miles de otras criptomonedas actuales y futuras, todas gobernadas de formas novedosas y, a veces, actuando de forma autónoma.
¿Cuál va a ganar?
Esta es la pregunta que todos los futurólogos del espectro financiero se están haciendo al cierre de este 2020. Mientras proyectan otro cuestionamiento: ¿Y qué significaría el resultado para Internet en 2030? Estos videntes vienen haciendo proyecciones sobre algunos escenarios, algunos con algo de pesimismo otros con reserva, también están los que ven u futuro promisorio. Sin embargo, las consecuencias del mundo real son significativas. “Esto no es solo divertido, es de vital importancia”, dice el futurista Ross Dawson: “El mundo del dinero podría cambiar fundamentalmente en los próximos 10 años y las implicaciones podrían ser masivas. Esto es algo en lo que realmente debemos pensar activamente”. Las posibilidades o caminos posibles desde la mirada de los analistas: Camino 1: El dólar estadounidense decae, pero ninguna moneda dominante emerge en su lugar. Tenemos innumerables monedas para usar en cada transacción. Camino 2: La moneda digital de China gana dominio Camino 3: Estados Unidos conserva el dominio con un dólar digital Camino 4: Una criptomoneda no respaldada por el gobierno (como Bitcoin) gana dominio Los expertos aclaran que no se trata de predicciones, sino de algunos posibles escenarios que podrían desarrollarse. Así que no se enojen con ellos en 2030 si no puede comprar su cerveza con Guinness Coin. Además, cada futurista habla solo por sí mismo, por lo que la especulación de uno no debe interpretarse como el consenso de todos. Entonces, ¿cómo afectará el dinero a Internet 2030 y cómo llegamos allí?
Camino 1: Dólar decae y hay muchas criptomonedas
El futurista Brett King, autor del libro Bank 4.0, ve las condiciones actuales que podrían dar lugar a un sistema de monedas revueltas: “Hemos tenido un aumento de aproximadamente un 1,000 por ciento en las protestas entre 2000 y 2020”. “Tienes los niveles más altos de desigualdad registrados en la historia de Estados Unidos, y eso es muy similar para economías como el Reino Unido y Australia”. También señala una “clara desconexión entre el mercado de valores y la economía”, dice King. “Podrás encontrar personas que eligen criptomonedas, o mini economías dentro de la economía global, donde la gente dice, voy a tomar una decisión ética con este tipo de moneda o este tipo de plataforma”, sostiene el analista. Por su parte Birch sostiene que la gente se planteará: “Las monedas de las comunidades donde vivo y ya no le preocupan los dólares estadounidenses, porque (en este escenario) no pago impuestos. “Te preocupas por el dólar de Reddit. O el dólar de IBM”. En este mundo, dice Birch, “el Estado Nación comienza a desmoronarse un poco y nos encontramos en un estado constante de guerra cibernética, donde nuestras lealtades ya no son nacionales”.
Camino 2: China logra el dominio
China está haciendo movimientos, según Koji Okuda de Nikkei Asian Review, para la red global de pagos en yuanes (Sistema de Pago Interbancario Transfronterizo) y ya cuenta con casi 1.000 instituciones financieras, y está haciendo avances en África, “debido a la influencia económica de China en esta región. Y como informa Ledger Insights, “los pagos de África utilizando la moneda de China aumentaron un 123% en tres años” durante junio de 2019. Dicho esto, incluso cuando China continúa avanzando agresivamente tanto con la fortaleza de la moneda como con su programa de criptomonedas global, la mayoría de los futuristas estuvieron de acuerdo en que es poco probable que China obtenga una verdadera hegemonía en la próxima década, incluso si la nación continúa ganando influencia. E incluso si China logra la hegemonía, es muy posible que el impacto sea, en general, positivo. “De hecho, tengo una noción positiva de lo que se convertiría China”, dice el profesor Michael Sung, codirector del Centro de Investigación Fintech de la Escuela Internacional de Finanzas Fanhai de la Universidad de Fudan. Reconoce el bagaje histórico del Partido Comunista, pero señala: “Si miras a China, pasaron de verdaderos comunistas a un mercado libre en el espacio de una década. Pasó de ser el contaminante número uno del mundo a liderar el acuerdo de París”. La futurista Heather Vescent pinta un cuadro más oscuro. Vescent estudia ciberseguridad y espionaje, y es coautor del Cyber Attack Survival Manual. Ella apunta a un resultado probable en un mundo de hegemonía monetaria china: un aumento masivo de la vigilancia. “En los países occidentales, tenemos una división entre el gobierno y el sector privado. No es así en China, por lo que el espionaje chino apoya sus negocios del sector privado ". “Imagínese si Apple fuera una empresa china que se gestiona a nivel mundial, con la visión china", dice. “China no va a cambiar su visión del mundo cuando tenga productos en Estados Unidos”. Entonces, ¿cómo cambia esto Internet 2030? “Bueno, ¿quieres tener miedo a la vigilancia?” Un escenario de hegemonía de China significaría vigilancia sobre todos.
Camino 3: Estados Unidos conserva el dominio con un dólar digital
Brett King piensa que, dada toda la competencia y los vientos en contra que Estados Unidos podría enfrentar en los otros escenarios (como la competencia de China), entonces si conserva su dominio en la próxima década, entonces debe hacer algo fuera de lo común para lograrlo. ¿Cómo se mantiene la relevancia de Estados Unidos desde una perspectiva monetaria? Pregunta King. Luego imagina un escenario en el que Estados Unidos muestra un dominio renovado con el crecimiento de la infraestructura global. Primero, considera algunas posibilidades básicas: tal vez Estados Unidos crea avances en el envío autónomo, la entrega con drones o la tecnología de la cadena de suministro. Luego plantea lo que él llama “un escenario realmente real, afuera”: liderazgo en cambio climático: “En el proceso de todo esto las secuelas de la pandemia del coronavirus, el cambio climático comienza a golpear, y tienes billones y billones de deudas en todo el mundo. Entonces, Estados Unidos acude a las Naciones Unidas y dice: “Creemos que toda la deuda nacional debe ser perdonada, pero esa deuda nacional debe comprometerse con la mitigación del cambio climático durante los próximos 50 años". Y será monitoreada por la comunidad global “. King continúa: “De repente, ahora tienes billones de dólares de capital que pueden destinarse a ecologizar el planeta, la eficiencia energética y todo este tipo de cosas. Por lo tanto, Estados Unidos está fuertemente incentivado para ir al Sahara y construir granjas solares masivas que puedan abastecer a toda Europa. Como ejemplo. Pero algo así haría que Estados Unidos fuera cada vez más relevante en el sistema”.
Camino 4: El escenario lo gana una criptomoneda sin respaldo gubernamental
¿Cómo se vería Internet si una moneda privada (no regulada por el gobierno) emergiera como dominante? “Si pudieras pagarle a cualquier persona en cualquier parte del mundo, al instante y de forma gratuita, no dependeríamos tanto del modelo publicitario del contenido de Internet”, dice Birch. Los micropagos (como Brave) podrían finalmente emerger de un nicho para generalizarse. Birch también destaca las posibilidades optimistas, como “Si pudiera hacer negocios con cualquier persona en el mundo, con suerte, surgirían nuevos productos y servicios para facilitar ese comercio y esa interacción”. La incertidumbre internacional puede impulsar el uso de criptomonedas. “Si tenemos una estructura geopolítica estable, donde la mayoría de las personas y la mayoría de las naciones se sientan seguras, eso no fomentará un gran aumento de las monedas digitales no gubernamentales”, razona el futurista Ross Dawson. “Siempre habrá monedas nacionales”, dice Dawson. "Nunca vamos a tener un momento en que el gobierno diga: “Está bien, nos damos por vencidos, no vamos a hacer esto nunca más”. Entonces, la pregunta es ¿cuál es el equilibrio entre la economía sumergida y la economía regulada? Señala como ejemplo la economía sumergida de Italia, que según algunas estimaciones es más del 12% del PIB de la nación, en gran parte como resultado de la evasión fiscal. Al menos en este escenario, Bitcoin (o alguna otra criptomoneda) finalmente no es solo una reserva de valor o una inversión especulativa. Podría usarse ampliamente para comprar una taza de café, pagar el alquiler o, sí, para comprar un par de lentes de contacto solares.
Faswet parte del futuro
Los escenarios planteados por los futurólogos dejan claro una sola cosa: las criptomonedas y el dinero digital no tienen un punto de retorno. Son el ahora que se va generalizando mientras dibujan el futuro que se acelera cada segundo. Desde esta perspectiva Faswet viene ofreciéndole a los usuarios la posibilidad de entrar en este circuito futurista del manejo de sus finanzas por medio de una solución que conjuga: seguridad, fiabilidad e inmediatez descentralizada. Disfruta Faswet: https://faswet.com/es
Hello, To practise some programming, I made an analysis of the user reviews left on penguin magic. I thought you could be interested in some of the results. It made me check a lot of products that I did not know about. I excluded the reviews for expos and gift cards to analyse only physical items and tricks. I investigated only the items with at least one review. I combined items as Penguin did. This left me with 87761 reviews for 11318 items. 50 Most Reviewed Items
Born to Perform Card Magic by Oz Pearlman
Self Tying Shoelace by Jay Noblezada
Melt 2.0 by Matthew Johnson
The Stealth Pen presented by Rick Lax
Coffee Break by Gregory Wilson David Gripenwaldt
Torched and Restored by Brent Braun
All Seeing Eye by Dan Harlan
The Poker Test 2.0 by Erik Casey
Binary Code by Rick Lax
The End by Rick Lax
Starcle by Dan Harlan
OneTrix by Mario Lopez
Close-Up Illusion by Larry Jennings presented by Michael Ammar
Hummes Whirling Card
Two Dollar Window by Jay Noblezada
GREED Starring Daniel Garcia
Modern Transportation by David Regal
Vuja De by Rick Lax
DRESSCODE by Calen Morelli
Predixion by Max Maven
The Secrets of Magic by Rick Lax
In the Beginning There Were Coins Starring Jay Noblezada
Panic by Aaron Fisher
Or Not by Dani DaOrtiz
Bicycle Elite Edition Playing Cards
Super Soft Deluxe Nest of Wallets 2.0 by Nick Einhorn and Alan Wong
Tornado by Justin Flom and Rick Lax
BWave DELUXE by Max Maven
Bently by Chris Hanowell
Binary Code 2 by Rick Lax
Copycat by David Parr
BITCOIN by Rick Lax
Muldoon Match by Paul Gordon
ID7 by Rick Lax
Monkey in the Middle by Bill Goldman presented by Magick Balay
Little Door by Roddy McGhie
SPONGE Starring Jay Noblezada
Eclipse by Dave Loosley
Peter Turner LIVE
Position Impossible by Brent Braun
Clutch by Oz Pearlman
Zoltar by Shaun Dunn presented by Lewis Le Val
BANDIT by Darryl Davis & Daryl Williams (a.k.a. The Other Brothers)
The Known by Thom Peterson
The Ultimate Three Domino Monte
Psypher PRO by Robert Smith
Mnemonica Trainer by Rick Lax
25 5 Star (5*) Items There are a lot of (3245 to be precise) items that received only perfect 5* reviews. But of course, that could be only one reviewer giving 5* and that would not mean a lot. The following table shows most reviewed yet still rated 5* items.
Diamond Jim Tyler LIVE
Carisa Hendrix LIVE ACTS
David Corsaro LIVE
Halloween by Natalia Silva
Howard Hamburg LIVE
Daniel Chard LIVE ACT
Sibyl by Phedon Bilek
Ian Rowland LIVE ACT
John (Fast Jack) Farrell LIVE
Morgan and West LIVE
Red Pill by Chris Ramsay
Jay Noblezada presents HTG LIVE: Hypnosis Training Group
NX11 :: The Noblezada Experience
QA Masterclass by Bob Cassidy
Takamiz Usui LIVE
Venom Cube by Henry Harrius
Move Zero (Vol 1) by John Bannon and Big Blind Media
Tom Wright LIVE
TC Tahoe LIVE
Jonathan Pendragon LIVE
Jan Forster LIVE ACT
13 Steps To Mentalism (6 DVDs) by Richard Osterlind
Jermays Mind (DVD Set) by Luke Jermay
Tarbell 77: X-Ray Eyes and Blindfold Effects
50 Top Rated Items I'll list the top-rated items. I'll include only the items that have at least 20 reviews. (This leaves us with 995 items to order).
Diamond Jim Tyler LIVE
Carisa Hendrix LIVE ACTS
David Corsaro LIVE
Halloween by Natalia Silva
Howard Hamburg LIVE
Daniel Chard LIVE ACT
Sibyl by Phedon Bilek
Diamond Jim Tyler LIVE 2
David Williamson LIVE
Drew Backenstoss LIVE ACT
Jay Scott Berry LIVE
David Hira LIVE
Toibox Card To Box System by Jonathan Kamm
Jason England LIVE
Dyno by Joe Rindfleisch
Paul Gordon LIVE
Roberto Giobbi LIVE
SvenPad® Minis Black Cover Pair
Mark Mason LIVE
Marc Paul LIVE ACT
Joshua Jay LIVE
Brent Braun LIVE
Seth Kramer LIVE ACT
Robert Temple LIVE
Bandwidth by Greg Wilson
Stegosaurus by Phill Smith
TRIUMPH Starring Oz Pearlman
Fiber Optics Extended by Richard Sanders
Name and Place by Bob Cassidy
The Special Assortment Deck
Cody Fisher LIVE ACT
Blank Face Bicycle Deck
Richard Osterlind LIVE 2: Pocket Mentalism
Scratch by Chad Long
Caught Red-Handed by Michael Mode & Arthur Ottney
Modern Coin Magic by J.B. Bobo
Dave Loosley LIVE
Mark James LIVE
Strong Magic by Darwin Ortiz
Acrobatic Knot (with DVD) by Daryl
DMC ELITES : ROUGE marked deck
Shin Lim LIVE: Visual Magic.
CLEAR CHOICE by Thinking Paradox
Choose Five for 99
True Triumph by Paul Cummins
Eugene Burger LIVE
Predixion by Max Maven
Bill Malone LIVE
25 Least Liked Items Following table shows the 25 items that have the worst ratings and at least 10 reviews.
Phantom by Peter Eggink
RETRIEVE (Gimmick and Online Instructions) by Smagic Productions
Penciltration by Jesse Feinberg
Force of Will by Dave Hooper - DVD
Phone Phreak by Jeff Prace & Paul Harris
PK Coin by Nathan Kranzo
POST_NOTE By Antonio Smith-Plata
Never There by Morgan Strebler - DVD
Spirit by Arnel Renegado
The Gecko by Jim Rosenbaum
The Incredible Shrinking Finger by Dan Hauss (Additional handling by Paul Harris)
The Wizards Flip Book
Phone-omenon by Doug McKenzie
Elevator by Peter Loughran
BLAZE by Thinking Paradox
Ambitious Finger by Mario Lopez
Absolute Zero (Gimmick and Online Instructions) by SansMinds
Cheese Smile by Smagic Productions
Liquid Metal 2 by Morgan Strebler
Sealed by Menny Lindenfeld
GREEN FACES by Dalton Wayne
Ice Cold: Propless Mentalism (2 DVD Set) Limited Edition by Morgan Strebler and SansMinds - DVD
Nathan Kranzo LIVE 3
Jay Sankeys ORIGINAL Wrap It Up! (Trick Only)
Sharp This by Vanishing Inc
30 Most Controversial Items I tried to measure controversiality with a ranking system. If all the reviewers gave the same rating for an item, then the controversiality is calculated as 0%. And the most divided option, where half of the reviewers rate an item 1* while the other half reviews it 5*, is rated as 100% controversiality. Here are the most controversial items with at least 10 reviews:
Chris Mayhew LIVE
Sharp This by Vanishing Inc
Justin Miller LIVE
CARD IN THE KEYCHAIN by Stefano Curci
Cut 2.0 LIMITED by Ran Pink
P'INK by Ran Pink
Ice Cold: Propless Mentalism (2 DVD Set) Limited Edition by Morgan Strebler and SansMinds - DVD
Winner's Dice (Gimmicks and Online Instructions) by Secret Factory
Stained Glass by Adam Grace
Joe Monti LIVE
Elevator by Peter Loughran
Strongman by Jimmy Strange
GREEN FACES by Dalton Wayne
iMove by Oliver Smith
Jay Sankey's GEMINI POUCH (Trick Only)
Nathan Kranzo LIVE 3
Titan's Finger by Titanas
vACAANt by Area52
Triple C (Red Gimmicks and Online Instructions) by Christian Engblom
The Switch by Shin Lim
Memoria by Luke Jermay (Instant Download)
Rudy Hunter's Total Control with Cards
Phone-omenon by Doug McKenzie
SansMinds Sharpie (DVD and Gimmick) by Will Tsai
Derren Brown LIVE
Hidden Hand by Sean Fields
Harlan's No Tape, No Glue, No Scissors, 20-second Setup Torn & Restored Newspaper
Darryl Vanamburg's "Black Widow"
Absolute Zero (Gimmick and Online Instructions) by SansMinds
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Hello BeerMoney people, I've been earning money online through various different methods for almost four years now and have come across some really nice sites. There is a few I exclusively use (going to be only one or two from now on, as they are the best in my opinion) and one that is a little less well known but still a good site. I thought I would share.
A free offer % boost (5-20%) with use of a referral link
Three video providers: AceWall, VideoFox and Hideout
Twelve different offer walls: AdGate, OfferToro, Personaly, Adscend, Superrewards, KiwiWall, OfferDaddy, AdGem, Revenue Universe, AyedStudios, Peanut Labs, and MinuteStaff
3 higher rate daily survey walls: YourSurveys, TheoremReach, and Surveytime (Only Surveytime is currently released, the others should be back soon)
A referral system
Some walls aren't up right now but will be here soon.
Leveling System and Rewards
Top earners get money for being at the top of the daily/monthly leaderboards
Level up by earning coins on Gamermine
Get a badge next to your name in chat
Get a daily reward, this reward is scaled based on your level so the more you earn the more you get daily
Daily Reward is collectible every 24 hours and is equal to 2x your account level.
Collect "boost" items that will temporarily give you a % boost on offers (5% boost on a $10 gives you $10.50)
Boost items range from 5-20% bonus
Obtain "balance" items that can be redeemed for balance on site
"Boost" and "balance" items can be obtained through promo codes given by staff and given based on a users activity
There are different tiers, or rarities, of each item - the higher the rarity, the higher the bonus
Get 5% of each offer done by your referrals
See each referrals earnings individually
Earners who use a referral link will get a free boost item upon signup
Offers done under boost will also give referrer money from the boost
Withdraw Details Edited Disclaimer: When you join the site, you will not have access to instant withdraw until you earn 10,000 coins, or $10. After that, withdraws are instant with the exception of high % charge back offers and large offers needing manual review.
Mini Games GamerMine gives you the option to wager your earnings (completely optional) for the chance to win more.
Against the backdrop of mixed reviews here on Reddit, I rolled the dice with Chillhawaiian for 1kg of mhrb. I placed my order online on Dec 3 and paid using the Bitcoin option. Once I had a few confirmations on the transaction, I sent an email asking for Chillhawaiian to verify that he'd received my payment and shipping information. He answered my email within three hours, confirming both. He let me know it would go out same day. The package arrived on Dec 10, but there was a minor delay as it was delivered to the leasing office, rather than the postal locker, so I got it a day late. In the confusion, I let chillhawaiian know about my situation, and he was very responsive and supportive. As for the quality, let's just say the shirts I dyed came out fantastic. Good yield from his product. While many others have had different experiences, my interaction with Chillhawaiian was exceptional, and I would not hesitate to order from him again.
Dondice gambling community and a intro to online bitcoin (cryptocurrency) gambling / casino websites
The Dondice Community There are a lot of gamblers around, actually crypto gambling has become quite large with people gambling from all around the world. The idea of Dondice is to create a free- and open community dedicated to online gambling, to have fun with gamblers all around the world, share some tips and trick and provide you with unbiased reviews about all the gambling websites that are out there! If you have any kind of question or if you would like to join the community and help out, please visit and join us on Telegram:
We hope to launch our websiteasap, which will also include all kinds of tips, information, faq and a forum!
Play smart play like a slug - Dondice!
Online Cryptocurrency based Casino's Ever since the rise of Bitcoin there are quite some different cryptocurrencies available, for example: Ethereum, Ripple, Dash, Tezos, Litecoin and many many more.For more informatie about cryptocurrencies itself I would kindly suggest to look on the world-famous search-engine ;)One of the advantages of these digital currencies is that you can easily trade (buy or sell) the coins to your foreign currency f..e (USD). You can store your coins in a personal wallet (tip: buy a hardware wallet like a Ledger) to avoid losing your private- keys or getting hacked. Gambling with crypto Trading crypto on an exchange is a bit of gambling already, right?Buying and Selling coins with the intention to accumulate even more coins, or Fiat money with the risk of losing your funds if the trade doesn't end up as expected.There are tons of Bitcoin related gambling website's (a bit similar to online- casino's that only accepted fiat currencies back in the days).These site's mostly offer popular games like dice, roulette, blackjack, bust, poker, baccarat, craps and slots. Even live sportsbetting betting with crypto coins are available. (You can find more on that in our WiKi which is currently WiP). In order to start playing on those websites, you basically only need to visit the website, register a username (or for more security create an account, including a strong password and 2- Factor authentication [2-FA] enabled), select the cryptocurrency of choice and generate the deposit address. You can now send (deposit) coins from your own personal wallet / or from an exchange to the gamble site! Mostly after 1 confirmation on the blockchain your coin's will be visible and you can immediately start to test your luck! Note:
Some website's offer free "faucet" coins, which are often worth just a few dollar cents. Since faucets have been massively exploited by people and you will see less and less faucets.Instead you often receive a bonus for the amount in Bitcoin you wagered, during your game sessions and/or receive a certain % rakeback. Depending on your rank on the platform, the higher the rake back / bonuses will be.
About DonDice Dondice occidentalis is a species of sea slug, therefore the perfect nickname for online gambling. One of the most important things in online gambling is "patience & money- management", don't gamble money that you cannot afford to lose!!Only play for fun so you are not to generate some sort of income this will comes with stress and you will get in troubles very soon.Because of my experience as a (crypto) gambler, I've seen a lot of different website's offering cryptocurrency based gambling games. Some of these website's are legitimate companies that do feel legit, the support is great and the gaming experience in itself is mostly excellent. BUT there are like on any other spot on the internet "scammers" who run these casino's and basically steal your coins or they have a fraudulent algorithm that makes you lose on certain conditions.I had to experience this myself and lost a lot on that particular website, which is still actively being promoted and used by people who have no clue that they are being scammed.
Lastupdated2018-01-29 This post is a collaboration with the Bitcoin community to create a one-stop source for Lightning Network information. There are still questions in the FAQ that are unanswered, if you know the answer and can provide a source please do so!
Lightning Network White Paper - The protocol has changed since this original paper, but covers the mid-level mechanics of the Lightning Network with an emphasis on the smart contracts that make it trustless
If you can answer please PM me and include source if possible. Feel free to help keep these answers up to date and as brief but correct as possible
Is Lightning Bitcoin?
Yes. You pick a peer and after some setup, create a bitcoin transaction to fund the lightning channel; it’ll then take another transaction to close it and release your funds. You and your peer always hold a bitcoin transaction to get your funds whenever you want: just broadcast to the blockchain like normal. In other words, you and your peer create a shared account, and then use Lightning to securely negotiate who gets how much from that shared account, without waiting for the bitcoin blockchain.
Is the Lightning Network open source?
Yes, Lightning is open source. Anyone can review the code (in the same way as the bitcoin code)
Who owns and controls the Lightning Network?
Similar to the bitcoin network, no one will ever own or control the Lightning Network. The code is open source and free for anyone to download and review. Anyone can run a node and be part of the network.
I’ve heard that Lightning transactions are happening “off-chain”…Does that mean that my bitcoin will be removed from the blockchain?
No, your bitcoin will never leave the blockchain. Instead your bitcoin will be held in a multi-signature address as long as your channel stays open. When the channel is closed; the final transaction will be added to the blockchain. “Off-chain” is not a perfect term, but it is used due to the fact that the transfer of ownership is no longer reflected on the blockchain until the channel is closed.
Do I need a constant connection to run a lightning node?
Not necessarily, Example: A and B have a channel. 1 BTC each. A sends B 0.5 BTC. B sends back 0.25 BTC. Balance should be A = 0.75, B = 1.25. If A gets disconnected, B can publish the first Tx where the balance was A = 0.5 and B = 1.5. If the node B does in fact attempt to cheat by publishing an old state (such as the A=0.5 and B=1.5 state), this cheat can then be detected on-chain and used to steal the cheaters funds, i.e., A can see the closing transaction, notice it's an old one and grab all funds in the channel (A=2, B=0). The time that A has in order to react to the cheating counterparty is given by the CheckLockTimeVerify (CLTV) in the cheating transaction, which is adjustable. So if A foresees that it'll be able to check in about once every 24 hours it'll require that the CLTV is at least that large, if it's once a week then that's fine too. You definitely do not need to be online and watching the chain 24/7, just make sure to check in once in a while before the CLTV expires. Alternatively you can outsource the watch duties, in order to keep the CLTV timeouts low. This can be achieved both with trusted third parties or untrusted ones (watchtowers). In the case of a unilateral close, e.g., you just go offline and never come back, the other endpoint will have to wait for that timeout to expire to get its funds back. So peers might not accept channels with extremely high CLTV timeouts. -- Source
What Are Lightning’s Advantages?
Tiny payments are possible: since fees are proportional to the payment amount, you can pay a fraction of a cent; accounting is even done in thousandths of a satoshi. Payments are settled instantly: the money is sent in the time it takes to cross the network to your destination and back, typically a fraction of a second.
Does Lightning require Segregated Witness?
Yes, but not in theory. You could make a poorer lightning network without it, which has higher risks when establishing channels (you might have to wait a month if things go wrong!), has limited channel lifetime, longer minimum payment expiry times on each hop, is less efficient and has less robust outsourcing. The entire spec as written today assumes segregated witness, as it solves all these problems.
Can I Send Funds From Lightning to a Normal Bitcoin Address?
No, for now. For the first version of the protocol, if you wanted to send a normal bitcoin transaction using your channel, you have to close it, send the funds, then reopen the channel (3 transactions). In future versions, you and your peer would agree to spend out of your lightning channel funds just like a normal bitcoin payment, allowing you to use your lightning wallet like a normal bitcoin wallet.
Can I Make Money Running a Lightning Node?
Not really. Anyone can set up a node, and so it’s a race to the bottom on fees. In practice, we may see the network use a nominal fee and not change very much, which only provides an incremental incentive to route on a node you’re going to use yourself, and not enough to run one merely for fees. Having clients use criteria other than fees (e.g. randomness, diversity) in route selection will also help this.
What is the release date for Lightning on Mainnet?
Would there be any KYC/AML issues with certain nodes?
Nope, because there is no custody ever involved. It's just like forwarding packets. -- Source
What is the delay time for the recipient of a transaction receiving confirmation?
Furthermore, the Lightning Network scales not with the transaction throughput of the underlying blockchain, but with modern data processing and latency limits - payments can be made nearly as quickly as packets can be sent. -- Source
How does the lightning network prevent centralization?
How would the lightning network work between exchanges?
Each exchange will get to decide and need to implement the software into their system, but some ideas have been outlined here: Google Doc - Lightning Exchanges Note that by virtue of the usual benefits of cost-less, instantaneous transactions, lightning will make arbitrage between exchanges much more efficient and thus lead to consistent pricing across exchange that adopt it. -- Source
How do lightning nodes find other lightning nodes?
Does every user need to store the state of the complete Lightning Network?
According to Rusty's calculations we should be able to store 1 million nodes in about 100 MB, so that should work even for mobile phones. Beyond that we have some proposals ready to lighten the load on endpoints, but we'll cross that bridge when we get there. -- Source
Would I need to download the complete state every time I open the App and make a payment?
No you'd remember the information from the last time you started the app and only sync the differences. This is not yet implemented, but it shouldn't be too hard to get a preliminary protocol working if that turns out to be a problem. -- Source
What needs to happen for the Lightning Network to be deployed and what can I do as a user to help?
Lightning is based on participants in the network running lightning node software that enables them to interact with other nodes. This does not require being a full bitcoin node, but you will have to run "lnd", "eclair", or one of the other node softwares listed above. All lightning wallets have node software integrated into them, because that is necessary to create payment channels and conduct payments on the network, but you can also intentionally run lnd or similar for public benefit - e.g. you can hold open payment channels or channels with higher volume, than you need for your own transactions. You would be compensated in modest fees by those who transact across your node with multi-hop payments. -- Source
Is there anyway for someone who isn't a developer to meaningfully contribute?
Sure, you can help write up educational material. You can learn and read more about the tech at http://dev.lightning.community/resources. You can test the various desktop and mobile apps out there (Lightning Desktop, Zap, Eclair apps). -- Source
Do I need to be a miner to be a Lightning Network node?
Do I need to run a full Bitcoin node to run a lightning node?
lit doesn't depend on having your own full node -- it automatically connects to full nodes on the network. -- Source LND uses a light client mode, so it doesn't require a full node. The name of the light client it uses is called neutrino
How does the lightning network stop "Cheating" (Someone broadcasting an old transaction)?
Upon opening a channel, the two endpoints first agree on a reserve value, below which the channel balance may not drop. This is to make sure that both endpoints always have some skin in the game as rustyreddit puts it :-) For a cheat to become worth it, the opponent has to be absolutely sure that you cannot retaliate against him during the timeout. So he has to make sure you never ever get network connectivity during that time. Having someone else also watching for channel closures and notifying you, or releasing a canned retaliation, makes this even harder for the attacker. This is because if he misjudged you being truly offline you can retaliate by grabbing all of its funds. Spotty connections, DDoS, and similar will not provide the attacker the necessary guarantees to make cheating worthwhile. Any form of uncertainty about your online status acts as a deterrent to the other endpoint. -- Source
How many times would someone need to open and close their lightning channels?
You typically want to have more than one channel open at any given time for redundancy's sake. And we imagine open and close will probably be automated for the most part. In fact we already have a feature in LND called autopilot that can automatically open channels for a user. Frequency will depend whether the funds are needed on-chain or more useful on LN. -- Source
Will the lightning network reduce BTC Liquidity due to "locking-up" funds in channels?
When setting up a Lightning Network Node are fees set for the entire node, or each channel when opened?
You don't really set up a "node" in the sense that anyone with more than one channel can automatically be a node and route payments. Fees on LN can be set by the node, and can change dynamically on the network. -- Source
Can Lightning routing fees be changed dynamically, without closing channels?
Yes but it has to be implemented in the Lightning software being used. -- Source
How can you make sure that there will be routes with large enough balances to handle transactions?
You won't have to do anything. With autopilot enabled, it'll automatically open and close channels based on the availability of the network. -- Source
How does the Lightning Network stop flooding nodes (DDoS) with micro transactions? Is this even an issue?
Financialization is real and so too is the nearly unlimited resources and brain power of Bitcoin's competition (banks / legacy financial institutions, governments, etc). We have to constantly be thinking about the way they can try and control, attack, and manipulate bitcoin and be proactive on how we operate as a community. That being said here's why I feel P2PKH addresses should be utilized for HODLers: Doing so minimizes the circle of trust (attack surface) which is essential in a trustless system. Here's why.. PTPKH addresses allow for the easiest way to confirm that you actually own and control your bitcoin via message signing / verification. This standard has been peer reviewed within the community and is widely supported and in almost all wallets. Other address types have yet to have widely standardized methods for the average user to confirm they have total control over their bitcoin. This is a huge problem when considering the whole value proposition of bitcoin is its unique supply and demand profile! If you can't independently confirm you are in fact in full control of your addresses its best to assume that you aren't. Remember not your keys not your coins is very real and very applicable. The institutions Bitcoin's up against have almost unfathomable resources and teams all around the world constantly try to figure out how to get around bitcoins truly finite supply and will do anything to trick people into believing they have their coins but in fact they don't to control it's price and delay it's ascension. Be smart and roll dice to generate your own P2PKH addresses (so you don't depend on wallet coders), dollar cost average, and HODL in these addresses as long as you can. Doing this breaks their attact surface from the exchanges controlling the bitcoin, the possibility of wallet developers being infiltrated, which greatly reduces the circle of trust within the bitcoin realm. I believe that as more people do this, they will truly be the ones that usher in real change for humanity that will let us take our next rightful societal evolutionary step towards a decentralized world.
**Last updated: May 30, 2018: Updated wallet info with release of Trinity. This 4 part series from the IOTA foundation covers most of the technical FUD centered at IOTA. https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2 Also the official IOTA faq on iota.org answers nearly all of these questions if you want to hear the answers directly. Purpose of Writing Since posting FUD is so ridiculously low-effort in comparison to setting the record straight, I felt it necessary to put a log of copy-pastas together to balance the scales so its just as easy to answer the FUD as it was to generate it. So next time you hear someone say "IOTA is centralized", you no longer have to take an hour out of your day and spin your wheels with someone who likely had an agenda to begin with. You just copy-paste away and move on. It's also worth mentioning IOTA devs are too damn busy working on the protocol and doing their job to answer FUD. So I felt a semblance of responsibility. Here they are. These answers are too my understanding so if you see something that doesn't look right let me know! They are divided into the following categories so if you are interested in a specific aspect of IOTA you can scroll to that section. 1) WALLET 2) COMMUNITY 3) INVESTING 4) TECHNICAL
IOTA was hacked and users funds were stolen!
First, IOTA was not hacked. The term “hacked” is thrown around way too brazingly nowadays and often used to describe events that weren’t hacks to begin with. Its a symptom of this space growing way too fast creating situations of the blind leading the blind and causing hysteria. What happened: Many IOTA users trusted a certain 3rd party website to create their seed for their wallets. This website silently sent copies of all the seeds generated to an email address and waited till it felt it had enough funds, then it took everyones money simultaneously. That was the ”hack”. https://blog.iota.org/the-secret-to-security-is-secrecy-d32b5b7f25ef The lesson: The absolute #1 marketed feature of crypto is that you are your own bank. Of everything that is common knowledge about crypto, this is at the top. But being your own bank means you are responsible for the security of your own funds. There is no safety net or centralized system in place that is going to bail you out. For those that don’t know (and you really should if you’ve invested in anything crypto), your seed is your username-pw-security question-backup email all rolled into one. Would you trust a no-name 3rd party website to produce your username+pw for your bank account? Because thats essentially what users did. The fix: Make your seed offline with the generators in the sidebar or use dice. This is outlined in the “how to generate wallet and seed” directly following. The trinity and carriota wallets will have seed generators within them upon their release.
How to generate wallet and seed
1) Download official trinity wallet here 2) follow the instructions on the app. 3) Do not run any apps in conjunction with the trinity app. Make sure all other apps are completely closed out on your device.
Are you sure a computer can’t just guess my seed?
An IOTA seed is 81 characters long. There are more IOTA seed combinations than atoms in the universe. All the computers in the world combined would take millions billions of years just to find your randomly generated one that’s located somewhere between the 0th and the 2781st combination. The chance for someone to randomly generate the exact same seed as yours is 1 / (2781). If you can’t fathom the number 27 ^ 81, this video should help: https://www.youtube.com/watch?v=p8YIdmwcubc
Download Bolero and run! Bolero is an all-in-one full node install package with the latest IOTA IRI and Nelson all under a one-click install! https://github.com/SemkoDev/bolero.fun/releases "If you want to help the network then spam the network. If you really want to help the network then create a full node and let others spam you!"
No questions or concerns get upvoted, only downvoted!
That’s just the nature of this business. Everyone in these communities has money at stake and are extremely incentivized to keep only positive news at the top of the front page. There is nothing you're going to do about that on this subreddit or any crypto subreddit. It's just a reddit fact of life we have to deal with. Everyone has a downvote and everyone has an upvote. But what can be done is just simply answer the questions even if they are downvoted to hell. Yea most people wont' see the answers or discussion but that one person will. every little bit counts. I will say that there are most certainly answers to nearly every FUD topic out there. Every single one. A lot of the posts I'm seeing as of late especially since the price spike are rehashed from months ago. They are often not answered not because there isn't an answeexplanation, but because regulars who have the answers simply don't see them (for the reason listed above). I can see how it's easy for this to be interpreted (especially by new users) as there not being an answer or "the FUDsters are on to something" but thats just not the case.
IOTA Devs do not respond appropriately to criticism
When critiquers provide feedback that is ACTUALLY useful to the devs, then sure they'll be glad to hear it. So far not once has an outside dev brought up something that the IOTA devs found useful. Every single time it ends up being something that was already taken into consideration with the design and if the critiquer did an ounce of research they would know that. Thus you often find the IOTA devs dismissing their opinion as FUD and responding with hostility because all their critique is really doing is sending the message to their supporters that they are not supposed to like IOTA anymore. Nick Johnson was a perfect example of this. The Ethereum community was co-existing [peacefully]with IOTA’s community (as they do with nearly all alt coins) until Nick wrote his infamous article. Then almost overnight Ethereum decided it didn’t like IOTA anymore and we’ve been dealing with that shit since. As of today, add LTC to that list with Charlie’s (even admitting) ignorant judgement of IOTA. 12/17/2017: Add John McAfee (bitcoin cash) and Peter Todd (bitcoin) to the list of public figures who have posted ignorantly on IOTA.
A lot of crypto communities certainly like to hate on IOTA...
IOTA is disrupting the disrupters. It invented a completely new distributed ledger infrastructure (the tangle) that replaces the blockchain and solves all of its fundamental problems (namely fees and scaling). To give you an idea of this significance, 99% of the cryptocurrencies that exist are built on a block chain. These projects have billions of dollars invested into them meaning everyone in their communities are incentivized to see IOTA fail and spread as much FUD about it as possible. This includes well known organizations, public figures, and brands. Everyone commenting in these subreddits and crypto communities have their own personal money at stake and skin in the game. Misinformation campaigns, paid reddit posters, upvote/downvote bots, and corrupt moderators are all very real in this space.
All IOTAs that will ever exist were sold at the ICO in 2015. There was no % reserved for development. Devs had to buy in with their personal money. Community donated back 5% of all IOTA so the IOTA foundation could be setup.
No inflation schedule? No additional coins? How is this sustainable?
Interestingly enough, IOTA is actually the only crypto that does not run into any problems with a currency cap and deflationaryism. Because there are zero fees, you will always be able to pay for something for exactly what it's worth using IOTA, no matter how small the value. If by chance in the future a single iota grows so large in value that it no longer allows someone to pay for something in fractions of a penny, the foundation would just add decimal points allowing for a tenth or a hundreth or a thousandth of an iota to be transacted with. To give you some perspective, if a single IOTA equals 1 penny, IOTA would have a 27 trillion dollar market cap (100x that of Bitcoin's today)
IOTA is not for P2P, only for M2M
With the release of the trinity wallet, it's now dead simple for anyone to use IOTA funds for P2P. Try it out.
Companies technically don’t have to use the IOTA token
Yes they do Worth clarifying that 0 iota data transactions are perfectly fine and are welcomed since they still provide pow for 2 other transactions and help secure the network. In the early stages, these types of transactions will probably be what give us the tps/pow needed to remove the coordinator and allow the network defend 34% attacks organically. But... if someone does not want to sell or exchange their data for free (0 IOTA transaction), then Dominic is saying that the IOTA token must be used for that or any exchange in value on the network. This is inherently healthy for the ecosystem since it provides a neutral and non-profit middle ground that all parties/companies can trust. If one company made their own token it wouldn’t be trusted since companies are incentivized by profits and nothing is stopping them from manipulating their token to make them more money. Thus, the IOTA foundation will not partner with anyone who refuses to take this option off the table.
All these companies are going to influence IOTA development!!
These companies have no influence on the development of IOTA. They either choose to use it or they don’t.
Internet of things is cheap and will stay cheap
Internet of things is one application of IOTA and considered by many to be the 4th industrial revolution. Go do some googling. IOTA having zero fees enables M2M for the first time in history. Also, if a crypto can do M2M it sure as shit can do M2P and P2P. M2M is hard mode.
Investing in a project in its early stages was something typically reserved for wealthy individuals/organizations before ICO’s became a thing. With early investing comes much less hand holding and more responsibility on the user to know what they are doing. If you have a hard time accepting this responsibility, don’t invest and wait for the technology to get easier for you. How many people actually knew how to use and mine bitcoin in 2009 before it had all its gui infrastructure? IOTA is a tangle, the first of its kind. NOT a copy paste blockchain. As a result wallets and applications for IOTA are the first of their kind and translating the tangle into a nice clean user-friendly blockchain experience for the masses is even more taxing.
Why is the price of my coin falling?!
This may be the most asked question on any crypto subreddit but it's also the easiest to explain. The price typically falls when bad things happen to a coin or media fabricates bad news about a coin and a portion of investors take it seriously. The price increases when good things happen to a coin, such as a new exchange listing or a partnership announced etc.. The one piece that is often forgotten but trumps all these effects is something called "market forces". Market forces is what happens to your coin when another coin gets a big news hit or a group of other coins get big news hits together. For example, when IOTA data marketplace released, IOTA hit a x5 bull run in a single week. But did you notice all the other alt coins in the red? There are a LOT of traders that are looking at the space as a whole and looking to get in on ANY bull action and will sell their other coins to do so. This effect can also be compounded over a long period of time such as what we witnessed when the bitcoin fork FOMO was going on and alt coins were squeezed continuously to feed it for weeks/months. These examples really just scratch the surface of market forces but the big takeaway is that your coin or any coin will most certainly fall (or rise) in price at the result of what other coins are doing, with the most well known example being bitcoin’s correlation to every coin on the market. If you don't want to play the market-force game or don't have time for it, then you can never go wrong buying and holding. It's also important to note that there are layers of investors. There's a top layer of light-stepping investors that are a mixture of day traders and gamblers trying to jump in and jump out to make quick money then look for the next buying (or shorting) opportunity at another coin. There's a middle layer of buyers and holders who did their research, believe in the tech and placing their bets it will win out in the long run. And the bottom layer are the founders and devs that are in it till the bitter end and there to see the vision realized. When a coin goes on a bull run, always expect that any day the top layer is going to pack up and leave to the next coin. But the long game is all about that middle layer. That is the layer that will be giving the bear markets their price-drop resistance. That is why the meme "HODL" is so effective because it very elegantly simplifies this whole concept for the common joe and makes them a part of that middle layer regardless if they understand whats going on or not.
How is IOTA free and how does it scale
IOTA is an altruistic system. Proof of work is done in IOTA just like bitcoin. Only a user’s device/phone must do pow for 2 other transactions before issuing one of its own. Therefore no miners and no fees. And the network becomes faster the more transactions are posted. Because of this, spamming the network is encouraged since they provide pow for 2 other transactions and speed up the network.
IOTA is centralized
IOTA is more decentralized than any blockchain crypto that relies on 5 pools of miners, all largely based in China. Furthermore, the coordinator is not a server in the dev’s basement that secretly processes all the transactions. It’s several nodes all around the globe that add milestone transactions to show the direction of the IF’s tangle within the DAG so people don’t accidentally follow a fork from a malicious actor. Anyone with the know-how can fork the tangle right now with a double-spend. But no one would follow their fork because the coordinator reveals which tangle is the legit IF one. If the coordinator wasn’t there (assuming low honest-transaction volume), there would be no way to discern which path to follow especially after the tangle diverges into forks of forks. Once throughout of honest transactions is significant enough, the “honest tangle” will replace the coordinated one and people will know which one to follow simply because it’s the biggest one in the room. Referencing the coordinator is also optional. Also, if you research and understand how IOTA intends to work without the coordinator, it’s easier to accept it for now as training wheels. I suggest reading pg 15 and on of the white paper analyzing in great depth how the network will defend different attack scenarios without a coordinator. For the past several months, IOTA foundation has been using St Petersburg college’s super computer to stress test IOTA and learn when they can turn the coordinator off. There will likely be a blog about the results soon. This is another great read covering double spends on IOTA without a coordinator: www.tangleblog.com/2017/07/10/is-double-spending-possible-with-iota/ This too: http://www.reddit.com/Iota/comments/7eix4a/any_iota_guru_that_can_explain_what_this_guy_is/dq5ijrm Also this correspondence with Vitalik and Come_from_Beyond https://twitter.com/DavidSonstebo/status/932510087301779456 At the end of the day, outstanding claims require outstanding evidence and folks approaching IOTA with a “I’ll believe it when I see it” attitude is completely understandable. It’s all about your risk tolerance.
Masked authenticated messages exist right now so data can be transferred privately. Very important for businesses.
Centralized coin mixer is out that foundation runs. Logs are kept so they can collect data and improve it Folks can copy the coin mixer code and run it themselves. Goal is for mixer to be decentralized and ran by any node.
How do nodes scale? How on earth can all that data be stored?
Full nodes store, update and verify from the last snapshot, which happens roughly every month. Its on the roadmap to make snapshotting automatic and up to each full node’s discretion.With automatic snapshots, each full node will act as a partial perma-node and choose when to snapshot its tangle data. If someone wants to keep their tangle data for several months or even years, they could just choose not to snapshot. Or if they are limited on hard drive space, they could snapshot every week. Perma-nodes would store the entire history of the tangle from the genesis. These are optional and would likely only be created by companies who wish to sell historical access of the tangle as a service or companies who heavily use the tangle for their own data and want to have quick, convenient access to their data’s history. Swarm nodes are also in development which will ease the burden on full nodes. https://blog.iota.org/iota-development-roadmap-74741f37ed01
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