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Have there been any projects working toward combining lightning and hosting data/bandwidth? Like "pay me 1 satoshi/Mb per day or I drop your data".
I invested in Maidsafe about a thousand years ago. They promised something like that. Now with LN, I think it could be possible to do with BTC (save the hash of the data on the blockchain, or OP_RETURN, and have the data hosted on several LN nodes for cheap).
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Price down. This is the end.  Still under $10k. |
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I was expecting a bottom of $5700. Instead we got $6100 and a bounce. And volume should be dropping but seems to be slightly rising on average. We should rally in October - December but maybe we are early. Bullish.
There's an ETF rejection date coming September 21st so the Wall Street folks are ignorantly hedging for a Bitcoin ETF. |
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Umm...you're on the WO thread reading posts by bears in a forest filled with bears... You're just asking to be attacked by bears. Everywhere. |
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I was off on a remote island for a week with no Internet. I come back to the WO thread and see talk about bcash?
It's trading less than .07 BTC now. That's less than bgold was trading after the value dropped.
How much discussion was there in this thread about bgold?
Let it go. They tried, it failed. Bring on the next big block size coin to get people excited about.
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Definitely still going. The main sale is being planned for October. Several announcements coming soon.
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Price dropping due to Wall Street not participating in Bitcoin is great.
People selling still believe in the legacy system.
They will buy back when they need BTC to pay for bread in the bread line.
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Word is out that Bitcoin will suffer in the long run under ETF approval. Rejections are good for Bitcoin. I feel dirty that I told the SEC that they should approve the ETF in order to stay relevant. I really don't want them to stay relevant. |
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$26.5 trillion in offshore money... when Bitcoin is much easier than dealing with all of that |
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2 days until the ProShares ETF is rejected.
Not your keys. Not your bitcoins.
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California...it figures. Dude won't get fair treatment. Looks like he was selling BTC on localbitcoins and made about $37k which puts him about at the lowest tax bracket so at least he doesn't need to worry about a capital gains tax violation. He was selling in California, sending the money to Bitfinex and converting back to BTC. For this they considered it "International Money Laundering". Them throwing out numbers like $750k, $1 million, etc. is all bullshit. They even said he did 971 separate transactions. That's less than $800 per sale on average. The judge even threw in his general disdain for US laws as a reason to not give him bail. Ya think? I guess we all need to start acting all super patriotic and love the nazi laws publicly so that when they try to throw us in jail because we're "required to register with the Department of Treasury" for our bitcoin transactions we can get bail. All future posts by me will be super patriotic and utter bullshit. I expect I may need to return to the US at some point for funerals and such so I must act like a Jew in Nazi Germany or a proletariat in the Soviet Union. God Bless the USA! |
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Another invisible wall. Thinkin these might be wash trades.
The price moves in the direction of the walls. |
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Wtf. Chaos and confusion erupted across Venezuela, and most stores were shuttered on Saturday, after president Nicolas Maduro announced that the government would enact a massive currency devaluation, implement a new minimum wage, hike taxes, and also raise gasoline prices for most citizens even as the country struggles with the greatest hyperinflation on record, surpassing even that of the Weimar Republic.
As a result of the enacted actions, the new version of the bolivar will be pegged to the value of the state cryptocurrency, the etro, which according to Bloomberg amounts to a 95% devaluation of the official rate, and will trade in line with where the black market was; the government will also raise the minimum wage more than 3,000 percent, which works out to about $30 a month. https://www.zerohedge.com/news/2018-08-19/venezuela-chaos-after-maduro-announces-massive-95-devaluation-new-fx-rate-tiedFrom what I've seen discussed about Venezuela's cryptocurrency is it's a cryptocurrency in name only. https://en.wikipedia.org/wiki/Petro_(cryptocurrency) Crypto on NEM that is supposedly set to the price of a barrel of oil. |
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Here it is, Sunday night in Tahiti. What does one do with your time in such a paradise?
My gf and I are literally both calling our banks to get our accounts unlocked due to bitcoin.
Her calling Thailand, me calling Germany. Via Skype, in French Polynesia.
Such is the life of a bitcoin hodler.
I just want to get my money out of my German bank into BTC so I can close the account.
Would you mind to elaborate what happend? Meh, gf sells BTC on localbitcoins. Nigerian scammer took some old woman's money by "making her" send money 17 times to 10 different bank accounts (LBC users). My gf was one of those LBC users. The police flagged all of the accounts until they could figure out what happened. They finally cleared her but the bank still has her account locked. For mine...it's been a long time issue with Germany's screwed up system. |
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Whales waiting for ETF in September anyway  they'll try to pump as usual, hoping for the average Joe to buy because every news channel will talk about the rise of BTC, a scenario we've seen countless of times. We will see pumps 2 or 3 times in September, and if the ETF is accepted it should be epic I can see Andreas's explanation that an ETF is bad for Bitcoin. The premise being that the ETF holding company would be in possession of a huge amount of bitcoins, which would make them a big decision maker when it comes time for things like forks and such. Exchanges already hold a large amount of sway because of this. An ETF would just add to this. And of course, his final point was "not your keys, not your bitcoins". Never forget. Link or it didn't happen.  |
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Here it is, Sunday night in Tahiti. What does one do with your time in such a paradise?
My gf and I are literally both calling our banks to get our accounts unlocked due to bitcoin.
Her calling Thailand, me calling Germany. Via Skype, in French Polynesia.
Such is the life of a bitcoin hodler.
I just want to get my money out of my German bank into BTC so I can close the account.
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right leaning gays sounds like an oxymoron
I'd say that a strong minority among right wingers are closet homosexuals. Like so far in the closet that they want to pass laws to control their own urges. |
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Whales waiting for ETF in September anyway they'll try to pump as usual, hoping for the average Joe to buy because every news channel will talk about the rise of BTC, a scenario we've seen countless of times. We will see pumps 2 or 3 times in September, and if the ETF is accepted it should be epic I can see Andreas's explanation that an ETF is bad for Bitcoin. The premise being that the ETF holding company would be in possession of a huge amount of bitcoins, which would make them a big decision maker when it comes time for things like forks and such. Exchanges already hold a large amount of sway because of this. An ETF would just add to this. And of course, his final point was "not your keys, not your bitcoins". Never forget. |
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^^ What's the point of peeing in that thing when the pee ends up on the floor anyways?
I went to one in Germany where it's a circle with several urinals pointing inward. I think the center fills with pee and then...profit?? But when I got there it was full to the point where you're filling up the basin and it runs down to the ground. I pissed anyway because that was an acceptable place to publicly pee and I had to go. |
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Also likely the amount of times millions must be killed by socialism for people to learn that socialism is kinda bad.
This is not true. In my country, many people want socialism, especially those who lived with it. Although in the days of socialism in the 30s, many was killed and many was imprisoned. The younger generation does not want socialism in my country. But in some neighboring countries they want to If millions are killed each month/week then I think people might finally realize it's not a good thing. And then there will be the holdouts that claim "but that's not real socialism!". |
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