Recent content by reach4thelasers

Who knows what the future holds. Bitcoin might exist in its current form forever, as a traded asset, and a currency used to pay for drugs, hookers and VPN subscriptions. My point is that it can never replace real money, because I don't think the power consumption would be sustainable. It...

I'm just a programmer, geek, computer scientist trying to make a discussion about the technical of bitcoin and the challenges of its energy consumption. You wanna share you knowledge of "proof of stake" and how it solves the "difficulty"(energy) requirement of crypto? I'm giving rationale...

I've not heard of these. But if the problem isn't difficult to solve and easy to verify. What's to stop me from "solving a block" on my laptop then writing into the ledger including a transaction that you just paid me 1 million stake coins or whatever they are? I didn't realise there were so...

I'm succeeding too now. I'm trading full time. Its my main job now and I'm doing well. But my point is that I couldn't become successful when I had the psychological pressure of paying my mortgage while learning to trade. You need to be ok with losing money or barely breaking-even and not be...

Are they a much needed solution though? The rules of the Bitcoin network are as follows... (btw any block that gets added to the chain that does not conform to these rules will be rejected by all other nodes on the network). - Blocks need to be hashed using the SHA256 algorithm twice and... -...

Oh sorry, are you 12 years old and fell out of your mother's C**T making money trading?

The best advice I've had is "Risk and reward are not the only two factors in trading... Probability is just as important" If you enter a trade late, after it has gone the right way. Then probability is higher. So, for the same stop and target the remaining profit is lower, and the amount you...

Seriously, and I'm ashamed to admit it, but I'm an OTA graduate. I believed I'd found my edge in trading, that I was the luckiest guy in the world to have found OTA. I signed up for a £13,000 course and paid my £3k deposit. My membership came with a years subscription to their "Pro-Picks"...

I'm a geek, computer science graduate and I love Crypto from a conceptual & theoretical point of view. But I think cryptocurrencies will be short lived in our lifetimes. Reason being... energy consumption. With present usage, if Bitcoin were an actual country it would be the 61st biggest...

Nothing really makes me angry when I trade. Sometimes I make mistakes; I am disappointed in myself, but try to see it as a learning experience. Oh wait.... Internet connection going down right after I enter a position. That makes me PISSED. Literally storming around the house in a panic...

Hey I'm new. I saw this post and had alarm bells in my head "this guy was me 3 years ago". If you NEED an income from trading you're going to fail. The psychological pressure will kill you. You need to master trading when you've got a separate and stable income source. Once you've mastered...