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The chart below tells the tale. It graphs Bitcoin prices blue mountain with its day moving average blue line and day moving average green line. The big picture? We are rapidly approaching one of these golden cross moments. If current price action persists for just another few weeks, we will get a golden cross moment.
History says that what follows is a Bitcoin breakout. Of course, that means that buying and holding Bitcoin is a pretty smart trading strategy at the current moment. Because history shows that when Bitcoin breaks out, altcoins tend to break out by a lot more.
We have physicists. Computer scientists. Trading veterans. The seemingly arbitrary deletion of major player accounts in the crypto space underscores the risks of relying on a centralized platform like YouTube. Last week, Facebook, Instagram and WhatsApp were offline for about six hours, which is likely to disrupt the community's commitment to crypto and blockchain projects. In August, the platform announced that it had removed more than a million videos with "dangerous coronavirus information" since February Video is fast becoming the primary medium of communication on the Internet, with research showing that users typically watch more than 10 hours a week.
But whether it's a four-second meme on TikTok, a four-minute joke on Facebook, or a four-hour live stream on YouTube, there's one big problem: creators have to work under the conditions of a centralized tech giant. Now decentralized video platforms want to shake things up a bit - by ensuring that the revenue generated by ads goes to the people who upload the videos, and content control is left to the community. The Pocketnet blockchain is managed by the same nodes, in a way that is not dissimilar to how cryptocurrencies work.
Deals allow users to post content, choose video quality, promote videos, and subscribe to their favorite creators. In an unusual change that sets Pocketnet apart from other video sharing platforms, users make a minimum payment on PKOIN, the ecosystem's native cryptocurrency, which is hosted for six months. After this period, videos that do not meet the minimum popularity bar will be removed unless additional hosting coins are paid.
Pocketnet's goal is to ensure that those running remote servers are rewarded for their efforts - thereby eliminating free public resources that could be abused by others. His approach helps develop large computing capacities without having to rely on Amazon Web Services. The Pocketnet blockchain serves as a consensus level on the platform, and servers are pushed to provide a high level of service to streamers. Failure to act in the best interests of the network can result in the loss of their reputation, among other penalties.
Pocketnet made sure we got the most out of the Satoshi concept to open the gateway to the decentralized Internet.
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Crypto Bounce Ends On This Date ⚠️ (DON’T GET TRAPPED)View All Updated: 11 May pm YouTube has shut down cryptocurrency-focused channels without any prior notice.
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