UxFxO
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$Avalon GloboCare (ALBT.US)$ well this makes complete sense
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UxFxO
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UxFxO
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$Mullen Automotive (MULN.US)$ It's going to .19 on Tuesday. Then I'll buy another 25,000.
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$Mullen Automotive (MULN.US)$ How long does my money have to clear from a sale before I can buy options?
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$American Virtual (AVCT.US)$ should I sell after market?
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$American Virtual (AVCT.US)$ Jan 23 delisted unless closes at 1. I got 10k shares. so definitely 10k cash by Jan 23 for my little family so far. Thank you community for participating and making info easy and understandable! much love to you all!
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History of blockchain Technology in three steps:
- It was initially developed in 1991 as a sort of digital timestamp. Early innovators saw this function almost as a “notary” function. There could be no backdating or tampering with data utilizing the early blockchain technology.
- For almost two decades nobody really cared.
- 2009 “Satoshi Nakamoto” introduces BTC.
What is blockchain Technology?
Blockchain is a form of “Distributed Ledger.” I’ll break it down with an image so its easier to understand. Each “block” has three basic parts to it. The “data”, the “hash” and the “hash” of the previous “block”.
Data: This differs depending on the function. In something like BTC we have the sender, the receive and how many coins moved.
Hash: Think of the Hash as a unique ID or fingerprint. Changing anything about the block changes the hash.
Hash of Previous Block: That is exactly what it sounds like. A ledger containing the unique ID/fingerprint of the block before it in the chain.
You’ll notice the first block has no previous hash number. That is because it is the first block in the chain. It is known as the “Genesis Block”, the beginning.
Why is Blockchain Technology so difficult to tamper with?
A modern computer could calculate hundreds of thousands of hash/second. In theory it would be easy to tamper with a single block and then change the hash number of the preceding blocks so they would match.
A concept called “proof of work” slows down this process to prevent computing and changing previous hashes. Currently it takes about 10 minutes to generate the hashcash proofs of work to mine BTC. This means that if someone were to TRY and tamper with a block they would need to change EVERY block before that as well to hide the discrepancy and receive P2P validation.
At 10mins/block it simply isn’t possible.
Blockchain technology is built utilizing a peer-to-peer verification process. This means each when a new block is discovered it is sent to everyone on the network and each node will independently verify the correctness of the block. In the simplest terms every node executes a consensus protocol to verify the addition of the block. ALL OF THEM. This also removes the need for centralization. (ie decentralization)
Any block that has been tampered with will be rejected by the nodes.
In order to effectively tamper with the blockchain and be validated on the P2P network someone would have to:
1) Tamper with ALL the blocks on the chain. (Remember the hash of the previous block)
2) Redo all the POW.
3) Somehow take control of greater that 50% of the P2P network.
$Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ $MARA Holdings (MARA.US)$ $Hut 8 (HUT.US)$ $Riot Platforms (RIOT.US)$ $BIT Mining (BTCM.US)$
- It was initially developed in 1991 as a sort of digital timestamp. Early innovators saw this function almost as a “notary” function. There could be no backdating or tampering with data utilizing the early blockchain technology.
- For almost two decades nobody really cared.
- 2009 “Satoshi Nakamoto” introduces BTC.
What is blockchain Technology?
Blockchain is a form of “Distributed Ledger.” I’ll break it down with an image so its easier to understand. Each “block” has three basic parts to it. The “data”, the “hash” and the “hash” of the previous “block”.
Data: This differs depending on the function. In something like BTC we have the sender, the receive and how many coins moved.
Hash: Think of the Hash as a unique ID or fingerprint. Changing anything about the block changes the hash.
Hash of Previous Block: That is exactly what it sounds like. A ledger containing the unique ID/fingerprint of the block before it in the chain.
You’ll notice the first block has no previous hash number. That is because it is the first block in the chain. It is known as the “Genesis Block”, the beginning.
Why is Blockchain Technology so difficult to tamper with?
A modern computer could calculate hundreds of thousands of hash/second. In theory it would be easy to tamper with a single block and then change the hash number of the preceding blocks so they would match.
A concept called “proof of work” slows down this process to prevent computing and changing previous hashes. Currently it takes about 10 minutes to generate the hashcash proofs of work to mine BTC. This means that if someone were to TRY and tamper with a block they would need to change EVERY block before that as well to hide the discrepancy and receive P2P validation.
At 10mins/block it simply isn’t possible.
Blockchain technology is built utilizing a peer-to-peer verification process. This means each when a new block is discovered it is sent to everyone on the network and each node will independently verify the correctness of the block. In the simplest terms every node executes a consensus protocol to verify the addition of the block. ALL OF THEM. This also removes the need for centralization. (ie decentralization)
Any block that has been tampered with will be rejected by the nodes.
In order to effectively tamper with the blockchain and be validated on the P2P network someone would have to:
1) Tamper with ALL the blocks on the chain. (Remember the hash of the previous block)
2) Redo all the POW.
3) Somehow take control of greater that 50% of the P2P network.
$Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ $MARA Holdings (MARA.US)$ $Hut 8 (HUT.US)$ $Riot Platforms (RIOT.US)$ $BIT Mining (BTCM.US)$
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UxFxO
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Any SHIB investors out there?
$Sphere 3d (ANY.US)$ $Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ $Dolphin Entertainment (DLPN.US)$ $Bit Digital (BTBT.US)$
$Sphere 3d (ANY.US)$ $Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ $Dolphin Entertainment (DLPN.US)$ $Bit Digital (BTBT.US)$
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UxFxO
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Ermm…. How about the fact that it is a Penny Stock? That alone is enough to say 'Buyer Beware'!
Playing with Penny Stocks = Playing with Fire.![]()
The bottom line? When I sense a conspicuous Red Flag alert, I would rather get out as I am not feeling confident and trade another day.
I feel worrisome with the danger, high volatility and low trading volume tagged to penny stocks.
Penny stocks come with high risks and the potential for above-average returns. But, investing in them requires extreme care and caution.
There is a very thin line between gambling and informed investing while dealing with penny stocks, and that is where risk management plays a critical role.
There is a phrase in the Chinese saying: "If you don’t have such a big head, then don’t wear such a big hat”.
I certainly do not have such a big head. Thus, I prefer to focus on higher quality stocks with much lower risk.
$Berkshire Hathaway-B (BRK.B.US)$
$Disney (DIS.US)$
$Fiverr International (FVRR.US)$
$Procter & Gamble (PG.US)$
$Starbucks (SBUX.US)$
$Apple (AAPL.US)$
$Boeing (BA.US)$
$Microsoft (MSFT.US)$
$Amazon (AMZN.US)$
$Thermo Fisher Scientific (TMO.US)$
$PayPal (PYPL.US)$
$Intuitive Surgical (ISRG.US)$
$Johnson & Johnson (JNJ.US)$
$Cigna Group (CI.US)$
Playing with Penny Stocks = Playing with Fire.
The bottom line? When I sense a conspicuous Red Flag alert, I would rather get out as I am not feeling confident and trade another day.
I feel worrisome with the danger, high volatility and low trading volume tagged to penny stocks.
Penny stocks come with high risks and the potential for above-average returns. But, investing in them requires extreme care and caution.
There is a very thin line between gambling and informed investing while dealing with penny stocks, and that is where risk management plays a critical role.
There is a phrase in the Chinese saying: "If you don’t have such a big head, then don’t wear such a big hat”.
I certainly do not have such a big head. Thus, I prefer to focus on higher quality stocks with much lower risk.
$Berkshire Hathaway-B (BRK.B.US)$
$Disney (DIS.US)$
$Fiverr International (FVRR.US)$
$Procter & Gamble (PG.US)$
$Starbucks (SBUX.US)$
$Apple (AAPL.US)$
$Boeing (BA.US)$
$Microsoft (MSFT.US)$
$Amazon (AMZN.US)$
$Thermo Fisher Scientific (TMO.US)$
$PayPal (PYPL.US)$
$Intuitive Surgical (ISRG.US)$
$Johnson & Johnson (JNJ.US)$
$Cigna Group (CI.US)$
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UxFxO : @They changed it after their $60 million dollar acquisition of that laboratory. Assuming it's ALBT to mean Avalon Labaratory. I must admit it was shocking to wake up and see my money under a weird bank name, think that maybe triggered the sell-off that day. Either way, I'm still holding, and believe in the long term potential of this company. All it takes is one innovative breakthrough to come out and this thing will pop over a dollar easily. Here's some research on this. Avalon GloboCare is Changing Cancer Treatment | Biotech | Stock Research Today Do your own due diligence, this is not financial advice.