blockchain – What happens if I lose Bitcoin Investment, is there Bitcoin insurance?

If fiat bank money is stolen, or bank is fire/damaged, we have banking insurance. If hard money gold is stolen, it can always be replenished with Lloyds of London insurance, or with a mining annual growth rate of 2% per year.

If Bitcoin money is hacked (as it was in past), USB Drive destroyed, or the bitcoin is missing, how can a person recoup their losses?

Some of us agree, slight inflation 1-2% helps insure against losses (just like FDIC insurance, or gold insurance). Of course large inflation, where governments finance war, pointless government programs with inflation of 20-30% year is too much.

The question is, How will Bitcoin solve the insurance issue? Can be it a good storage of value to families if its lost?

Note: I’m aware fiat or gold insurance, will not work if 3rd party insurance is lacking funds. It can work however, last time, someone stole money from friend’s bank account. Does bitcoin offer any level of insurance?

bitcoin core – BitClout Opensource (REST) APIs for Blockchain queries. Share your talent. Help our Community

BitClout Blockchain Explorer: Paired with Bitcoin

I’m gathering a list of Bitcoin /Blockchain APIs/Web (REST) APIs that allow you to do basic blockchain queries through http(s) API calls, such as: getting the balance on an address, getting a list of transactions from or to an address, getting the details (i/o) etc. Where can I find more data? Github?

❕NEWS – Bitcoin price up $3000 in 3 hours, may touch $4,00,000 this year | Proxies-free

I’m sorry, I would like to explain myself better.
So, no doubt it is obvious that there is now a lot of optimism about Bitcoin, given that in one year, it had a 500% increase in value.
However, investors are concerned about its daily fluctuations. These are much more frequent than stock securities, as Bitcoin is not regulated by a central bank.
However, I specify that investing in Bitcoin and gambling are two diametrically opposed things.
Thank you.

❓ASK – How to earn $50 dollars in bitcoin within a week without investment | Proxies-free

Been grinding the internet for months now and cant seem to find any worthy site to earn enough bitcoin without investment. Most sites offers fraction of a cent as rewards for task completed and its hopeless in the end
Hope you guys can help out with some sites that would help me make $50 or more within a week without investment

Hi, I’ve been doing this a while on passive mode but decided to commit a little harder for 2021. It’s not easy to do it without investment and it will take a while for you to take off, and a lot of work.
I invested $1K back in 2018 in crypto but this has little impact on my current results most of what I have / earn is due to the hard work I’ve put in.
I share my weekly results both in here (Beermoney journey forum) and on my personal website under on “my journey” (I’m updating both today). I made $102 this week… and I intend to earn at least $250 by the end of this year.
It’s not easy money, if you really want to make a decent amount from this websites you have no strategise. I also have some tutorials on how make the most out of your free earnings and generate passive income. But most importantly: You have to get some referrals to boost your earnings, there’s only so much you can accomplish on your own time.
Use your free earnings to generate more earnings by investing them wisely!

Take a look at my website, hopefully you’ll find something that works for you.

PS: Hive is a great blockchain to write posts and get rewards but you have to engage with people and be active if you wanna succeed there.


Does the miner machine get any other type of reward except confirmation of transaction in bitcoin?

As a result of mining, miners receive income from two sources

  • The mining reward per block, which halves approximately every 4 years.
  • The transaction fees for the transactions the miner includes in the block.

Nothing else.

The miner includes as the first transaction in the block (the “coinbase” transaction) a transaction with no inputs and with outputs to one or more addresses of their choice with a total amount which is less than or equal to the sum of other included transactions fees and the current mining reward .

bitcoin core – the two miner type of reward

the definition of a block in the blockchain is
“A block records some or all of the most recent Bitcoin transactions that have not yet entered any prior blocks. Thus, a block is like a page of a ledger or record book. Each time a block is ‘completed’, it gives way to the next block in the blockchain.”
this is acceptable miners get a reward for proof of work(confirm transactions)
but what exactly do miners when say they have a process for creating a block(and get a reward for them)?
(In other words what exactly this process? Is it possible to remove it?)

exchange rate – What caused bitcoin to fall ~$10k on 17 April 2021?

Bitcoin to USD exchange rate has been historically very volatile, but the recent (e.g. past 12 months) largest daily movements of ~$5k after Elon Musk tweeted about Telsa buying bitcoin, and ~$3k after Coinbase’s IPO. But a ~$10k fall is larger in magnitude than both of those major events combined.

Did any specific event(s) trigger this fall (and if so, what were they), or was it simply market volatility?