This Rubini guy is a professor, right? It just defies belief that he is frantically asking like a madman "What's the purpose of Bitcoin? Where does it help us?"... It's just mind boggling. Hasn't he even bothered to read the books by Antonopoulos and Ammous? I would understand if it was my grandma saying this nonsense, but him? A university professor and economist? Man, this is some crazy shit.
Economists are people too. I mean, Paul Krugman even got a Nobel Prize in Economics and yet... said some pretty stupid shit. The problem folks like Paul Krugman and others have with Bitcoin..is that it is based 100% on faith in the system/blockchain of Bitcoin..ie the mechanism... the strength of Bitcoin and why it is the disruptor of their conventional thinking has done so well and quite frankly weirds them out is that ..again...the success of Bitcoin is it is based 100% on faith. They can't see humans as having anything 100% faith in without failure...but all great things start with 100% faith from love to democracy to walking on the moon. The trick is to have the 'faith' last until it is common and accepted as the next step...from faith to truth. Tis' damn hard to 'stop' or 'spin' faith ..especially in a decentralized and trustless manner....this is the basis of democracy itself... so it is both...decentralization plus faith in the process is more a movement than an 'economic' engine...they will never get their head around this. This is confusing as hell to me...so it must really be driving folks like Paul Krugman nuts.....but then again....faith in any decentralized idea be it democracy or bitcoin..is always the outlier...till it ain't...  They better get used to it however....it is how Bitcoin rolls... brad good post, will merit soon. keep up the good work. |
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It sucks that all the money seems to still flow into alts. Look at Binance coin. Yesterday I thought it will crash after that pump. Today it gained another 50%. I feel like everybody is getting rich while I wait for bitcoin to make 5% lol.
I know shitcoins and all but damn ı wish I would have bought some when they were cheap. So had lots of money now to buy more bitcoin.
You are pathetic, UnDerDoG81. UnDerDoG waiting for Bitcoin to behave like an altcoin while altcoins do their thing:  muahaha muahaha, very nice. regarding underdog81: you know coinamarketcap exists for a reason. you know binance, the greatest shitcoin exchange of the planet owns it. for a reason. this manipulated to the max, illiquid "asset" pump&dump scam casino is every bitcoiners test of faith and intelligence test. those percentage gains tease you? of course they do. that is why this row "%-gain" was designed for. i went trough times staring at those % gains, in disbelief, in envy, in anger... we all go through this. if you cannot come up with a mental and emotional strategy to push this made up bullshit back you will keep suffering and you will give up and sell the best asset of a millennia for some made up airline mile bullshit. either grow up or give it up and dive into this mess. buy your "binance-token" and get rekt. cmc has ruined more retailers than the dotcom bubble. it is a temptation on steroids. but i am glad it exists. it weeds out moronsweak hands. go for it underdog, and let us know how it is working for you from time to time. i dont trust binance for a single pixel on the cmc screen. |
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OK... I gotta say something... Listening to a podcast and just heard the guest say: You are taking territory on the bitcoin blockchain like you are getting a piece of ultra scarce real estate. It's like buying Manhattan real estate in 1776. I have always felt like owning bitcoin was basically a land grab. So yeah... I love that part of the analogy. But here is where he is still thinking too small: New York is just the greatest city in what (30 years ago was) is the greatest country on Earth. And yeah, that sounds pretty awesome but it does NOT EVEN COME CLOSE to what Bitcoin is. That sort of opportunity came many times before the USA existed... You could buy parts of downtown Paris in the 15th century. Or London or Tokyo etc... But wait? You could not live in Paris from 1437 to today so what good would it do you? Well some, I guess. But by now your descendants would have snorted it up their noses. Same with 1776 and NYC. Lotta good owning that will do you in 2021. I mean I am all for the long time preference. But shit. I want my great-great grandchildren to be well off.. but I also want a house in Hawaii before *I* die too. Bitcoin is not limited to a single country. And it is not just a city in the making. It is THE new value NETWORK for the ENTIRE FUCKING GLOBE. It is buying real estate in ALL the big modern cities AND all the town squares in every little village, town, hamlet, and shire AT THE SAME TIME. This kind of change in human history has happened EXACTLY ZERO times. There is nothing to compare it to. And it is technology. So, it happens at the speed of light. Not only can you complete the purchase instantly... but the appreciation is going to happen at a pace the WORLD HAS NEVER SEEN BEFORE. ... and we are only at the very, very, VERY VERY beginning of it. I know there are many folks here... Some have thousands of Bitcoin, even tens of thousands. Some have hundreds... Some tens. And some still, are struggling to get to one whole corn. Guess what? It doesn't fucking matter. IF you are here. AND you own bitcoin... Speaking from outside the bounds of immediate time. YOU. ARE. ALREADY. RICH. AS. FUCK. Buying Manhattan land in 1776. Lol. Bush league. good to see that i am not the only one having a hard time to cope with the epic&sheer magnificence of tectonic wealth shift of unprecedented magnitude. i listened to the same podcast. the bitcoin network consists not only of connected nodes and miners and wallets. the folks operating this stuff are also connected via social media, via forums, some even meet in rl. we not only have an ongoing cooperation between silicon valley billionaires, early adopting nerds, chinese miners, regular sat stackers from around the globe, sharp podcasters on every continent, ex silk road pundits, south american refugees of inflation, hobby miners in rural europe, nerds of all ages, wall street investors, retail investors, (etc, etc, etc, etc, etc & etc) - we have a strong and vibrant vocal network of individuals harvesting gains of unprecedented proportions, that are all taking up the hard work of singing the bitcoin gospel. this is a strong network. the first digital global money network. man, i need to sell chairs and stack more sats. |
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when clicking on the link i also saw this: Tyler Winklevoss
@tyler
Dear #Bitcoin short-sellers,
Have fun getting rekt!
-Tyler
6:33 pm. · 11. Feb. 2021·Twitter for iPhone i mean i agree, but for the owner of a crypto-exchange... this is a rather bold statement, isn´t it?  |
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eine der hartnäckigsten kritiken des btc protokolls sind die hohen stromkosten. das kann auch relevant für den kursverlauf sein, denn wenn zb die grünen nach der kommenden bundestagswahl was zu melden hätten, dann könnte so ein als klimaschutz verpackter angriff auf bitcoin herauskommen. hier allerdings ist gerade was an mir vorbeigescrollt, das ist echte comedy. enjoy... Anmerkung Jens Berger: Eine einzige Bitcoin-Transaktion verursacht also 648 Kilowattstunden Stromverbrauch. Das ist nur noch irre und nicht nur ökologisch, sondern auch ökonomisch wahnsinnig. Zu deutschen Strompreisen sind das rund 180 Euro Stromkosten! Diese Summe fällt bei jeder einzelnen Transaktion an; egal, ob ein Bitcoin-Freak einen Kaffee bezahlt oder ein Zocker an einer Bitcoin-Börse eine Transaktion tätigt. Die meisten Bitcoin-Schürfknoten stehen natürlich in China, wo der Strom deutlich billiger ist; aber bei zwei Cent pro kWh sind es auch dort immerhin noch rund 30 Euro pro Transaktion. Die Gesamtstromkosten betragen damit (bei zwei Cent pro kWh) rund 1,5 Milliarden Euro. Wo kommt das Geld her? Die durchschnittlichen Transaktionsgebühren liegen bei 0,80 US-Cent und scheiden als Finanzierung der Stromkosten damit aus. Offenbar ist das ganze Bitcoin-System ein riesiges Schneeballsystem, bei dem die “Käufer” letztlich die Stromkosten für das ganze System bezahlen. Und sobald der Kurs mal wieder in den Keller geht, sorgen die Stromkosten dafür, dass das ganze System unrentabel wird und kollabiert. Aber bis dahin haben die “Experten”, die Menschen in diesen Unsinn treiben, sicher ihre Bitcoins schon in echtes Geld umgetauscht. https://www.nachdenkseiten.de/?p=56749#h05edit: lese ich seit 2017 nicht mehr, zufallstreffer |
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the kenya news is fake.
but soonTM
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... next stop 56k, anybody here interested in BTC or is this just the shitcoin shitpost thread now?
have my last merit. |
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45K gap closed. lets hope we will not close the 41, 42 and 44 gaps. only "historic gap" unclosed remains @21k since bitcoin denominated in USD will only lead to bigger figures, more and bigger gaps are to be expected in the future. waiting for 5k wide gaps.  uh... i bet we will see a 10k gap during this run up around blow of top. speaking of blow off tops: is it possible, that 2017 blow off top was reduced by the shitcoinery explosion back then? did shitcoins stole a proper blow off top that some expected to be around 40k (i did...  ) it would "explain" the local top at 41k some weeks ago. and it would mean, we are just starting a new bull cycle NOW  |
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Es ist wohl schwierig, einen guten Vergleich zu finden, für etwas, das so bedeutungslos wie "Blockchain" ist, aber einen so "bedeutungsgeladenen" Sprachgebrauch findet  die formulierung ist gut, darf ich die benutzen? Digitale Signaturen, Peer-to-Peer-Netzwerke, Proof-of-Work waren seit Jahrzehnten bekannt und etabliert.
Informatiker in aller Welt wussten quasi "intuitiv", dass das in der Kombination irgendwie auch für Geld taugen müsste.
Nur hatte keiner den entscheidenen, zündenden Funken, wie man die Bausteine zusammensetzen könnte, damit es endlich wirklich funktioniert. imho haben viele no-coiner den eindruck, bitcoin wären qualitativ sowas ähnliches wie airline miles oder payback punkte. das aber eine geschichte dahinter steckt, dass es motive gab von cypherpunks, die ein problem lösen wollten - das wissen wenige. mir ist aufgefallen, dass dieser thread ja eigentlich alles andere als OFF-topic ist. aber wo im deutschsprachigen bereich passt das besser hin? |
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wieso ist eigentlich das buchgeld der banken (also das geld auf unserem konto) kein bearer asset, bitcoin aber schon? sind doch beides nur auf computern gespeicherte einträge. man kann zwar der eigentümer von buchgeld auf den bankkonto sein, aber niemals der besitzer. die einträge auf dem bankserver können diesen nicht verlassen. ist ein geschlossenes system. aber: bitcoin ist doch auch ein geschlossenes system. wir wissen, dass es ja eigentlich nur UTXO's gibt und keine eigentlichen Token, aber selbst wenn es Tokens gäbe, sie könnten das netwerk nie verlassen. und die UTXO's erst recht nicht. trotzdem sagt man bitcoins seien ein bearer asset von dem man nicht nur der eigentümer sein kann, sondern auch der besitzer. wie geht das? der trick liegt erstens in der verteilten, dezentralen natur des netzwerkes. es ist zwar ein geschlossenes system, aber ein verteiltes. nur dadurch, dass man die UTXO's nur bewegen kann, wenn man den kryptografisch passenden schlüssel besitzt, weil diese schlüssel nicht innerhalb des systems vorliegen, sondern ausserhalb/getrennt davon, hat man plötzlich ein system, das sich so verhält, als würde man die UTXO's physisch besitzen können. meiner meinung nach trägt dieser eindruck der physischen besitzbarkeit der Tokens auf einer blockchain zu dem missverständnis bei, dass man tokens einer blockchain nutzen könnte um sie mit echten physischen objekten (supply chain!) zu feste zu verbinden. also zb mit eiern, damit es keinen betrug mit falsch deklarierten eiern mehr geben kann. der denkfehler ist der, dass man die nicht-fälschbarbeit der bitcoin UTXO gedanklich an Token einer blockchain überträgt und dann auch annimmt, diese token wären irgendwie physisch vorhanden. dann hätte man plötzlich unfälschbare eier. das ist kompletter quark, aber das ist vermute ich, genau der fehler, den alle machen, die glauben, man könne mit dem einsatz eines geschlossenen token systems irgendwie betrug oder lüge bei real world supply chains verhindern. dabei kann ja jeder eier produzent oder händler wenn er betrüger ist, trotzdem die öko eier einfach austauschen gegen batterie eier - wie kann eine datenbank denn dass verhindern?  ? |
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You trust Michael Saylor and think he is honest in his opinion? -> https://www.youtube.com/watch?v=4oO8VlNFv7YOr does he talk people and investors into Bitcoin, maximizes his profits and gets out on the top of the cycle? it is not "his" stash. it is owned by a publicly traded company where he has the majority of voting rights. he can´t just trade around with the companies treasury. it would have to be made public before. he also had to announce publicly MSTR is buying bitcoin before they did. i wonder how Tesla is different, since they announced it after they bought. he owns a large private stash though, mostly got in under $10k. |
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ich schicke das auf den bitstamp account. muss ich aber aus cold storage holen, das ist mit ein wenig aufwand verbunden (u.a. längere autofahrt), so ohne weiteres komme ich nicht dran. reicht es bis freitag?
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Hallo Zusammen,
ich würde euch gerne bitten mir Bescheid zu geben ob hier noch wer spenden möchte, ansonsten würde ich gerne den aktuellen Betrag der Spende von 354vRCu6XqMTRSjXQca8yCTQ3L329qs1H6 in FIAT wechseln und an Daniela übergeben.
Lieben Gruß
Hallo Zusammen, habe das Guthaben von BTC0,10 auf meinen Bitstamp account überwiesen und heute bei der Bank aufgerundet €3.400 geholt. Übergabe hängt noch von Danielas Dienst ab. Möchte irgendwer auf einer Karte an die Familie unterfertigen?   yes, es kommen noch €5k aus dem, was an Spenden übrig blieb. das ist mit den anderen abgesprochen. wie machen wir das? edit: sry, ich hab deinen post vom 08. januar irgendwie verpennt. |
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wie hoch der kurs gehen wird, wissen wir nicht. aber hier hat twitter user croesus grafisch gut dargestellt, warum:  |
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the poll results confirm what a marketing wizard mr musk is.
Question: After the recent news, do you now want to buy a Tesla?
I didn't before, or was unsure, but do now - 7 (6.5%)
I wanted to before, and still do - 27 (25.2%)
I wasn't interested before, but I'm considering it now - 24 (22.4%)
No - 49 (45.8%)
Total Voters: 107
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BTW what has happened to V8? Not seen him around for a while?
he is doing fine. no worries. |
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You know, it's a shame the 1k party got cancelled and AFAIK, never reinstated. It would have been at quite a pivotal time in Bitcoin's history. i hear you. it would have been a blast. we really tried hard, invested a lot of time, effort and money, but the the way the price behaved (going shortly over 1k and then went on a 3 year dive down to $160) it was just possible. michael saylor said he would do a btc100k party on one of his yachts. WO should send a delegation |
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it accelerates like a beast in less than 3 sec to 100km/h. if i push ludicrous mode it pulls so hard that my glasses are pushed over my head. no joke. i showed some friends, after two rounds we had to stop, sweating soaking wet. the acceleration is ... hard to describe. my 911 feels like a snail compared to it.
Which model/year 911, out of curiosity. I understand Teslas are good off the line vs most sports cars, but fail in the 1/4 mile. I can't imagine a Tesla is going to shock me more than Rick's modded 911 Turbo S AWD. unmodded model x is under 11sec. how is rick's 911 doing? model x is a family van... https://drivetribe.com/p/watch-this-tesla-model-s-runs-a-fsCwzZrwSKCeKVZpkjvxHg?iid=FIsm_osrR32DSDTszRNQPQYeah have fun to try and hold more than 200 km/h (which is here sometime possible on the highways in germany) ... Btw. the acceleration promise of the new tesla are a joke, because in the USA it's a roling start. Here in germany we messure from real 0. Than you need special tires to even get the acceleration... the 2.3 - 2.8 sec is propably the best you get with normal tires on a normal street. Let see if Tesla gets the quality issue handled. Maybe the new Audi eTron GT is good. I need a new car in 2 1/2 years ... We will see, if it's a Lamboghini Urus / Audi or a Tesla (I prefere the first one, but it's the one who costs the most of them) and you have fun with your diesel.  |
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it accelerates like a beast in less than 3 sec to 100km/h. if i push ludicrous mode it pulls so hard that my glasses are pushed over my head. no joke. i showed some friends, after two rounds we had to stop, sweating soaking wet. the acceleration is ... hard to describe. my 911 feels like a snail compared to it.
Which model/year 911, out of curiosity. I understand Teslas are good off the line vs most sports cars, but fail in the 1/4 mile. I can't imagine a Tesla is going to shock me more than Rick's modded 911 Turbo S AWD. unmodded model x is under 11sec. how is rick's 911 doing? model x is a family van... https://drivetribe.com/p/watch-this-tesla-model-s-runs-a-fsCwzZrwSKCeKVZpkjvxHg?iid=FIsm_osrR32DSDTszRNQPQoh, and my 911 is a 76 oldtimer with 200 horse power... |
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this is the most important info-graphic i have seen since the first bitcoincharts. THAT IS WHAT is happening folks. please merit this guy, i am out of merits. value is 100% analog, but we are living in the digital age! all value that has been collected in the past centuries is still analog. bitcoin is the only save valve for ALL the analog value to enter the digital realm. forget your TA. forget the charts. this is beyond fibs and any models. this is a seismic, once-in-history shift of value to the digital era. the trillions are waiting to enter bitcoin. bam! |
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