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Para los que hablan español Van a ver que a partir del minuto 43 los subtitulos se ponen en inglés. Para seguir leyéndolos en español solo tienen que ir a configuración --> subtitulos -> traducción automática --> español Y listo.
i havr a question. Since Bitcoin is onky used for transactions with semdin bitcoin units key from wallet A to another wallet address. i don't understand how eaxh transaction whether 1 trillion value or 1 dollar makes a difference. and qhen reffering to blocks. couldent each block be done when just under the maximum capacity. so why woukd anyonw reject a block? is it because the highwat memory taking block is not the highest paying block. and is each miners able to cherry pick each transaction for that block and then leave the rest for dead. i thought its automatically has to solved per block. each trans needs to be solved. in the order of wach trans in each block recorded on tge timestamp in the blockchain? You know what maybe we need users of Bitcoin to have power to. Maybe we as users will decide which faithful pools we would prefer to do pur accounting. what? if they can pick by a number. i should pick by a number to. its just data i dont know thwm peraonally. but realistically they could just make it impossible to cherry pick trand and blocks and the problem will be far morr decentralized far more Omar Ghadaffi Styled Maybe we dont see it yet. years from now pitchfork mobs will burn down the big miner locations known to public.
i have not seen such a great explainer ever. This guy has so much impact on many peoples crypto journey. i am one fo them. THANK YOU SO MUCH for your contribution to the crypto
Thank you, Andreas, for your incredible work in simplifying the complex world of Bitcoin. Your explanations are a beacon of clarity in the cryptocurrency space, making it accessible to all. Keep up the fantastic work!
You were one of the first people I came across after learning about Bitcoin. I can't tell you how much I appreciate everything I've learned from your talks and videos. Thanks for all your work in the space.
Found Andreas on London Real. Now, there is simply a huge amount of knowledge on Crypto to be learnt from him. Thanks so much for all these videos. Much love from India ❤️
That was absolutely fantastic! What an amazing tutorial! I’m going to watch it with my kids as it’s the first time I’ve seen it explained so well and I want them to also understand it!
I know absolutely zero about technology. I just like freedom and fairness, which brought me to Bitcoin obviously. But as a man who knows nothing about the tech stuff, I still get goosebumps from hearing him speak
This was an awesome talk! You've become really great at what you do. I already know all of this, but watched the whole thing just to enjoy and learn from your presentation. All the best.
It's often worth mentioning that the mem pools are often very different for each node in the network because they rely on volatile memory to locally hold that pool. If you power your node down the mem pool is lost, if you bring up a fresh running node it only receives the new transactions into the mem pool that are being broadcast (gossip) from that moment in time onward. Theoretically transactions could be lost from the network, but in practice there are so many nodes that it can't really happen in reality (someone's mem pool still holds a copy of the transaction somewhere.
Wow. I cannot begin to imagine the amount of work it took to put those slides together. All i know is that it took you at least 9 years. Thank you for this.
I don't like to like content before actually hearing it, with andreas however it's hard no to, since i don't know a single piece of bad content from him. @Andreas you have our well deserved gratitude, hope this goes on a long time :)
Thank for God to bring you to this world. I really learned so many things from you, sir. I think i will spend at least 16 hours for inventing Bitcoin Diet lol. Hope to see u in future. Admiration from Viet Nam.
great speaker i admire .like me no idea about bitcoin when i read some about it want to learn more about this thank you very much sir for sharing knowledge on this.ill keep watching til i will understnd. God bless.
Bitcoin’s price movements are often explained away as more buyers than sellers, or vice versa. In practice, this isn’t really true since it always takes two parties to trade (if someone bought Bitcoin, someone else sold it to him). What really drives the price up or down is the side that’s more aggressive in “crossing the spread.” The spread is simply the difference between the best bid and best ask price.
The Bitcoin market is highly volatile and the underlying investment should be considered a high risk investment. However, investors can avoid these risks with a bit of agility and common sense. The first approach is seeking help from professionals that has been there before you.
Hi Andreas, please update the translation to "automatic" so we can correct and edit it in Greek easier. This is a must see tutorial for every beginner and not only! I have successfully edited in Greek your video " explain bitcoin to your mother?" Thank you.
Thank you for getting into the weeds a bit, for those of us new to this system, it is a bit confusing with the wallet ledgers and the payment groups-very informative. (This whole time, i thought the wallets held separate digital satoshi that were added, mixed together and separable like in a real coin-based wallet.) I enjoyed your sense of humor while presenting as well. Can you incorporate some videos of actual transactions taking place in your presentations? I think that would be awesome too.
31:05 market price discovery of bitcoin is using the central bank cartel’s manipulated fiat currency system - what’s the impact of that? ie. what happens when all all these currencies DO go to zero because of major loss of confidence, then what’s bitcoins measuring stick?
47:17 - in Base58 the letter "l" (lowercase el) and "I" (uppercase aj) are mistaken and therefore omitted not the number 1 as you mentioned. Anyway wonderful explanation again Andreas. You are a great inspiration for me and my education courses in Slovakia within Parallel Polis Bratislava.
My favourite thing I learnt here was the kid allpwance joke. lmao I love this guy because you think a smirky joke is.coming and it doesnt. when you dont it does lol he keeps the same tone the whole time. can make boring long explanations lively for many types of audiences
Right at this moment the question for me is, How do you keep count of our satoshi? It seems so hard to count, add and subtract what you've spent. It seems you'd be constantly converting back to dollar or what ever currency you are use to. I am over whelmed. Hope it finally becomes clear to me.
@@aantonop honestly your knowledge is invaluable , I’m still learning but I’m invested 🙌 only small time but I see the need to support this so we can craft new ways 🙌 ✌️💚☯️🔱
I was wondering if there're sites where I can sell items I make for bitcoin. I was wondering, we could have an Etsy with bitcoin, or could we convince Etsy to accept bitcoin? I'm a painter/ art-maker, who knows, maybe someone would pay a fraction of a bitcoin for one of my paintings, or ceramics ...
These are out there, but no wide adoption. Amazon is the big kid on the block and has all the traffic. You can also have and promote your own works on your own site + store. I can help with this.
you could sell locally (if thats an option) accepting crypto as payment, it might make your art be more desirable since it can only be obtained in crypto haha
Hello Andreas, thanks for that presentation. If I want to remix your presentation by translating all your slides, then according to the Creative Commons license you have chosen (BY-SA) it looks like I wouldn't have the right to do so.. So here's my question: "Can I use your slides in here, translate them and build up a French presentation for Montréal French people ?"
Yes, of course, you are welcome to remix and translate the presentation, so long as you offer your translation to the community under a CC-BY-SA license too. I would appreciate it if you translate the subtitles on my video first, then mash it up, so that everyone here can benefit too.
@@aantonop Awesome! Thanks for that quick answer. Also, would you like to come over in Montréal when covid-19 will be over and the kinda normal life will come back?
I've did well enough on wall street in the 80s on wall that I've not worked a 9 to 5 since.. but I know nothing about Bitcoin? I'm interested in learning the game... Can anyone tell me if Bitcoin market principles are the same as the stock market?
If you are proficient with TA, you’ll be right at home reading charts if you are looking to trade. Fundamentals are intuitive, you just have to spend the time every day getting caught up to speed.
Dude you have been teaching me so much.... how can I explain to my wife that crypto is not detrimental to humanity...and is infact the opposite of that.
Interesting. However, I don't understand how would selling/buying with bitcoin make sense if its exchange value is so volatile.!? For instance if Bob sold books for 40K$ and got paid in Bitcoin, then at the end of his business year let's say the Bitcoin to $ rate went down 170% and now he needs to pay taxes in US$, isn't that a big problem?? As far as I see it, because of this volatility issue you can't really do serious business with Bitcoin. Am I right?
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