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I wonder who would use a coin that depends on the good will of the developers to destroy a file that contains access to the supply and so on (the so called masterkey).
I guess I should have bought some tho, those things tend to pump so much. Now, who knows if the pump is over and it will instadump as soon as it gets on Poloniex.
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The market will dictate the price of bitcoin. As wealth comes in (and that includes gold and other assets), the price will go up in inflation-adjusted purchasing power. No one will be willing to sell 1 Bitcoin unless it's purchasing power is huge, no matter how many tricks those pigs try to come up with.
my point is in the future.. $8quadrillion dollar bitcoin is no better than $600 bitcoin right now. it will still buy only 400 loaves of bread. valuation in dollars will be meaningless. however the ID centric nature of hyperledger by removing bank notes and being 100% banking KYC ledger entries will divert people to want something less authoritarian which could (using my made up figures of last post) cause btc valuation to go from 1btc:600USFIATCOIN which would be 400 loaves of bread. to 1btc:6000USFIATCOIN which would be 4000 loaves of bread. if bitcoin sees 10x more demandand no one will care about btc being $8quadrillian dollars of useless money I agree, but when I say 6 to 7 figures in dollars/euro, I mean it will have the purchasing power of what currently 6 to 7 figures of dollars/euro can buy you, whatever that is in the future, that is what I mean with inflation adjusted. |
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get rid of cash.
Once governments finish their ban-on-cash global plan, and there's no escape from pinpoint governmental control, we better hope we have a strong, solid, decentralized-node Bitcoin, with nodes wide spread all across the globe, or else it will be the end of financial freedom for ever. Bitcoin is our last hope.
By then, people will start to realize the importance of owning Bitcoin and knowing how to use it. The price of Bitcoin will sky rocket to several thousands to millions of dollars per coin, as bast amounts of wealth move within the ecosystem.
the majority of world banks are involved with hyper-ledger. bank balances wont disapear. they will be replaced 1:1 (dollar:USFIATCOIN) where america will have one chain measured in USFIATCOIN tethered to the hyperledger and uk will have a chain measured in UKFIATCOIN tethered to the hyper ledger. (i called it USFIATCOIN/UkFIATCOIN for demonstration purposes only)thus freeing american government from "dollar" debt. because the terms of repayment are in "dollars". so goverments hyper inflate old useless dollars so that $20 trillion becomes the price of a loaf of bread to pay off the debt contract in one go. while citizens are holding ~45000USFIATCOIN average each(to represent average life savings) thus dont feel the 'pinch', where 1.5USFIATCOIN is the price of bread. which makes bitcoin valued at $8quadrillion old dollars but only 600USFIATCOIN essentially bitcoin valuers drop measuring against "dollar" and instead measure against 'USFIATCOIN' .. which after the drama is over, not much changes The market will dictate the price of bitcoin. As wealth comes in (and that includes gold and other assets), the price will go up in inflation-adjusted purchasing power. No one will be willing to sell 1 Bitcoin unless it's purchasing power is huge, no matter how many tricks those pigs try to come up with. |
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get rid of cash.
Once governments finish their ban-on-cash global plan, and there's no escape from pinpoint governmental control, we better hope we have a strong, solid, decentralized-node Bitcoin, with nodes wide spread all across the globe, or else it will be the end of financial freedom for ever. Bitcoin is our last hope.
By then, people will start to realize the importance of owning Bitcoin and knowing how to use it. The price of Bitcoin will sky rocket to several thousands to millions of dollars per coin, as bast amounts of wealth move within the ecosystem.
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Not too greedy, my strongest point when gambling is I know where to stop, that is the key way to never lose too much money and end up in a very ugly situation where you may face bankruptcy, so always know when to stop and you will be ok.
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Every movement in the celebrity world is just to get buzz and clicks/views and make themselves famous. Connor Mcgregor move to throw the glass of water and all the trashtalking is just a way to sell tickets. Mayweather is a master of this and when he was younger he used to do it a lot. In his last fights he didn't even bother to trash talk anymore since he was a cashcow and he didn't need to do anything but show up.
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If all of those coins have not been sold already, it does not really matter, the inertia of the uptrend is too strong. Only an idiot would try to crash the market again. We have seen how Bitcoin can now recover from massive sellouts and will end up higher than it started . It's simply better to buy and hold your wealth on Bitcoin as the price goes up as the financial system collapses.
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only the day traders are waiting to buy in the dip. and also only the idiots who doubt everything are staying on the side while shivering with fear. the rest of us have made our purchase and investment a while back when nobody was looking and price was low  Yep it was so clear that the 200ish dollar period of stability was a lifetime opportunity to buy Bitcoin monthly. But the real rise has not even begun yet, so all those dips are still opportunities to buy more if you can. |
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So easy to make money from all the dips. It's so obvious that the whales are shaking weak hands since idiots always sell at the minimum dip. Since we are not whales, we can still make money by buying more bitcoin every time it dips. The uptrend continues as it has been since 2 years ago.
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Classic triangle pattern forming if you look back at the last big august correction. Then we had another correction, a weaker one, and now, another weaker one. Increasingly weaker corrections with an overall uprising price: breakout incoming. Last chance for the idiots still doubting to buy to get in now or never.
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Hey guys,
can someone please tell me which iOS app is in OP's post? Thanks.
Hi, this picture I think I got it from reddit, I can't remember, but it's not my own screenshot. Anyway, the app used on the picture I think it's Winkdex by the Winklevoss brothers for iPhone, I think I used it in the past when I had an iPhone:  |
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If people want Bitcoin banks, why not? The market will dictate if they find useful that third parties (once again) hold their money because they don't see responsible enough to hold it themselves. While it defeats the point of Bitcoin (being your own bank) who cares if someone runs such business as long as the protocol stays solid and the network nodes decentralized?
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People in charge made their choice, the stagnation and congestion of the network have been quite visible we don't need yet another chart to see it.
BTW, we already have a bitcoin with bigger block size, it is called litecoin.
Yet, nobody gives a fuck about Litecoin and everyone uses Bitcoin (Bitcoin Core software that is). The market has spoken, no one wants a team of amateurs increasing the blocksize. You can keep crying about it as much as you want. |
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Good post. Only idiots are supporting a blocksize increase, since they don't care about the fact that doing so would make running nodes pretty much impossible for the average person, which kills the network decentralization. They don't give a fuck as long as the fees are cheap, that's all they care about. They have bricks for brains. love the numbers. but i also love how those numbers keep adding up without the context.
smart people have done actual counts, so in context
out of 4427 core node:
only 1615 desire segwit (0.13 flag)
the other 2812 break down as
only 1737 that agreed to the consensus round tables segwit then baseblock pledge(0.12 flag)
and 1075 have not decided anything in the last year.
out of 5276 network node:
only 1615 desire segwit (0.13 flag)
saying 1615 adamant about segwit, beats 2812 other nodes in the same camp.. is wrong on so many levels.
saying 1615 adamant about segwit, beats 3661 other nodes in the network.. is wrong on so many levels.
even funnier, even amungst those numbers desiring segwit some are hoping that core sticks to the pledge of eventually raising the base blocksize.
so if it was a segwit debate with no hope of base blocksize growth, its less than 1615 out of 5276 nodes.
but have a nice day with your brushed over numbers that does not explain reality.
much like saying someone is going to vote for hilary clinton because they have bumper sticker has been there since bill clintons era.
So what will you say once segwit inevitably gets activated? |
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It will be cool to have Netflix on our side since they are huge and very mainstream, but we will not be ready to take those services until we have the lightning network so I hope that developers hurry up and make a good job with this to start making Bitcoin as mainstream as possible, even tho I don't see how it will become mainstream until governments ban cash so e have a real incentive to use Bitcoin in the developed work.
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still cannot believe McGregor was being fined 150k for throwing water
bottles at the diaz presser lol.
He said he will never fight in Vegas again. Big loss for that state in income
and they should take back the fine that is ridiculous amount for them just
being silly promoting the fight.
Connor McGregor is a businessman at the end of the day, and he is right now a big cash cow and he knows he can get away with claiming that to make pressure because they know the will give in and remove the fine. |
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Holly Holmes was the superior striker, she is a world renowned boxer and his punching and dodging skills are clearly great than Rousey. Rousey is one of the best in ground game but she is not able to take heavy punches, she is too used to submitting in the first round.
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a real DDOS protection costs +5k pe month or more and the biggest companies who can realy mitigate a DDOS, they do not accept BTC. It's useless for them as long there are credit/debit cards and bank wires(the amounts are not low at all as I already said).
What 5k? that is insane. Isn't Cloudfare enough? that's what everyone uses and they are doing good and it's free. Yeah there are enterprise plans for 5k for who needs that unless you are moving insane amounts of traffic? I think OP is asking about paying with BTC for some more simpler protection. |
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Im still not seeing any competition. Every time I look at the marketcap, I see that bitcoin has 80% of the total money invested in the crypto economy. This is what is expected from a dominating actor, and Bitcoin is that dominating actor. It always goes from 80, to 79, to 81, around that range.
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When will people understand that we need to build on top of Bitcoin otherwise we will never properly scale? Did people back then complain that stuff was being built on top of the TCP/IP and therefore that was not Bitcoin? This is getting ridiculous with those trolls.
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