I think '21' stands for 21 Million (total BTC). But I can't understand exactly what is their Business Model.
Yep, their original startup name was 21e6 for the maximum amount of Bitcoins in existence. I'm pretty sure we'll hear again from them very soon, now that the cat's pretty much out of the bag. |
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There was an episode of The Simpsons where Krusty lost all his money in the "bitcoin market," if that counts.
I would recommend checking back in two years. You'll see more of it in pop culture soon enough.
Krusty must've traded some alt crap then: https://www.youtube.com/watch?v=ifToMUP5c0A |
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Welcome to Bitcointalk perdark!
Hope you're reading as much as possible about Crypto and Bitcoin, about what it is, and how everything works.
It's good to ask questions to things you don't fully understand, this forum has alot of knowledgeable posters.
Make sure you get those buys into BitStamp soon, as this rocket ship is about to take off!!
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Stop For A While Guys!
Check his trust!
He is most probably a SCAMMER!
STOP WELCOMING SCAMMER!
Wow, great call, didn't immediately check his trust history and seeing the scam alt. Oh well, I change my mind now and rescind hi fiving the OP now.  |
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They have computers in Bulgaria?!!?  Lol just messing around, say hi to the BTC-E guys for us, maybe tell them to merge with BitStamp so they could both finally get some decent exchange volume. P.S. - Have a great time on your trip, take some pics on all the stuff you spent on using Bitcoin. |
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This is a great news for bitcoin.
But we still have no idea what the main business of Bitcoin Startup 21.
They are miner vendor before.
Is they still produce asic miners?
That's the fun part! Speculating on hardware these guys will come up with. Just having these investors behind this funding round is staggering. Like a who's who of tech giants: Additionally, Khosla Ventures and Data Collective have invested in 21, as well as chief executives and founders from various tech companies, including PayPal co-founders Peter Thiel and Max Levchin, eBay Inc. co-founder Jeff Skoll, Dropbox Inc. CEO Drew Houston, Expedia Inc. CEO Dara Khosrowshahi and Zynga Inc. co-founder Mark Pincus. Qualcomm's partnership absolutely makes this deal: Qualcomm’s involvement could spur speculation that 21 has its sights on the so-called “Internet of Things.” That’s the idea that a myriad of smart, Internet-connected appliances will in the future communicate with servers, networks and each other to optimize their operation, maintenance and energy usage without direct human involvement. I'm no chip maker nor involved in that industry, but I'm pretty sure Qualcomm puts their chips in a ton of mobile phones so....  |
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I thought they already had currency in place?  Forget 21 million supply, they got that beat. Infinite!!! |
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Holding on for the boost  HODL. The price looks like it is about to take off.  Yes the price will take off If you start urging every seller to hold  Although people who get pissed off when the price goes down by 2$ should not invest in these coins. People who spout obvious things should not make any posts in the forum. I only invest in Bitcoins only, never any other crapcoins. I need to start another post why every time I buy btc, it goes down a little and then almost immediately rockets up another 10-20? Keep this thread alive Stonerider! Keep buying those 0.25 BTC clips, we on our way homie...  |
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$116 million is an impressive number, I think they are the best funded bitcoin start up ever.
Yep it is i think, great news. This could be it guys hold onto your hats. Geez wake up man. It's not a bitcoin start up, they will just use the blockchain idea for their own products, not bitcoin or its network. Wouldn't this blockchain need bitcoin to operate since as far as i know blockchain can't operate without bitcoin or any other crypto. Yes you're right. The blockchain, the network and currency can not be separated.This belongs together. By the way... He knew it. Listen 25:00 to 26:35! https://www.youtube.com/watch?v=9npQ5f74Nr4#t=25m00At 26:20 he said:"Bitcoin protocol being embedded in chips.Chips that can't be modified very easily!" What do you do if there's a protocol change, throw your phone away? Keep it. Nothing drastic will happen. I'm assuming you're talking about the Gavin fork in June. Bitcoin's been forked before, everything's going to be just gravy. No need to "Question Authority" all the time...  http://insidebitcoins.com/news/gavin-andresen-optimistic-about-scaling-bitcoin/30652 |
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If the OP just bought Bitcoin on the date he posted (2/26/15) and held it, his coins would've been worth $40 more each today. So at $255 per BTC on February 26th * say 10 Bitcoins for an overal fiat value of $2550. At today's prices, you would've had $295 per BTC * 10 for $2950 equals $2950. You would've made $400 fiat dollars just by sitting on it. If you didn't just BUY and HODL and look at some scam invest, trading, or gambling site....you just cost yourself $400 for doing nothing basically. Don't be a dumbass. Just BUY and HODL.  It would have been a completely different scenario if the coins dropped in value. Hodling is nice, I get the point, but it's not that bad to diversify your possible source of income because if one fails to get you profit, there are always other option that you can choose from and rely on. Price swings happen obviously with a new currency like Bitcoin. Goes up, goes down, goes sideways. Sure, you can day trade, or gamble, or cloud mine, etc. All 3 of those are waaaaayy riskier than just holding though. You can literally lose your entire stash doing that as opposed to sitting on BTC and just let it grow organically. Diversification not really an option. I mean what else would you invest in, Ripple, Darkcoin, or Litecoin? This is what the most recent Altcoin developer conference had to say about that: https://www.youtube.com/watch?v=cIasr2AiyZ0HODLING BTC is the safest, and really, the no brainer option. |
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If the OP just bought Bitcoin on the date he posted (2/26/15) and held it, his coins would've been worth $40 more each today. So at $255 per BTC on February 26th * say 10 Bitcoins for an overal fiat value of $2550. At today's prices, you would've had $295 per BTC * 10 for $2950 equals $2950. You would've made $400 fiat dollars just by sitting on it. If you didn't just BUY and HODL and look at some scam invest, trading, or gambling site....you just cost yourself $400 for doing nothing basically. Don't be a dumbass. Just BUY and HODL. |
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Even though the news are excellent (if correct and the money gets properly used), I've been waiting for these companies "aiming" at mainstream BTC.
The adoption is picking up, but not quickly enough.
I understand the frustration in looking at the cash register at your local retail store, and only cash, credit, or Apple Pay is accepted, and Bitcoin is not even a consideration. We all know where we're at right now. That said it's 2015. 6 years in. Google was founded in 1998. Honestly, I didn't really start using Google until like 2003-2004. Google was started in the dorm room of 2 dudes from Stanford. Their first rack servers were home made, no name brand ones they put together:  If they didn't receive seed funding similar to one that 21 just received, Google probably wouldn't still be around. You guys seriously cannot be this jaded. Investing and seed funding ---> Further Development and Marketing for Bitcoin ---> Consumers start hearing and using it I know you guys all want cookies, but you gotta pre heat the oven first... |
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We have no choice Brothers and Sisters, we must Decentralize everything!
WE must decentralize Doctors, Lawyers, Politicians, Technicians, Scientists... they must become ubiquitous, available everywhere.
Professionals as a service whether they are A.I. or Human it does not matter, they must become available everywhere.
We have decentralized Money and with it we have gained access to all those who are willing to accept Bitcoin for their products and services.
We will decentralize manufacturing, Micro factories everywhere, expert designs custom made for everyone.
Decentralize Guns, Ammo, boxes, cars, everything.
I look forward to the day when I can randomly get into my neighbours car and pay my hard earned Bitcoins to drive to work.
Decentralized work, so I can work everywhere, Turn everything into a platform service... i want my tools to be decentralized, available when needed and Drone dropped to my work site...
I have a dream of Drones delivering food, tools, equipment to those who pay for it as a service... no longer will we wait at the Lunch Van deciding what to eat... I will have already made my choice on my phone. The Lunch Van will simply be a deployment area for all the gourmet meals without ever having exchanged my Bitcoins because I will have chosen my lunch as a service.
When I need security it will be provided in a decentralized manner, ubiquitously everywhere. Cameras shall watch my every move, located in every home and be paid for watching my back on my request because I paid for it as a service.
politicians, lobbysts i will pay them as a service to handle my interests and those who believe what I believe as a service.
Internet shall be Decentralized available everywhere. regardless of password, i shall pay every wi-fi hotspot as a service as I walk by them everyday, and they shall transition from hot spot to hot spot seemlessly.
I shall pay for my news and services as a service, autonomous AI programmed with my specifications scouring the internet looking out for my interests and informing me... news shall be decentralized.
electricity shall be decentralized, Fuel cell technology powering my home, solar patching as it can...
in the future every Man, Woman and Child will be a Army of one, dependent on no one but themselves.
Sounds like a movie synopsis. Is this Avengers 2: Age of Ultron and you just spoiled it for everyone?!!  |
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Well it happened! But it went back to regular levels.  Like that we're trending in the up direction overall though since the post Coinbase spike. $296 at Coinbase. Still doing pretty good. EDIT: $297 now. Sorry, meant to say Coinbase exchange news spike to $315 back in January, then the massive dump afterwards. Looks like we're on our way to match the 2015 high soon, then surpass it any day now. |
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Well it happened! But it went back to regular levels. Like that we're trending in the up direction overall though since the post Coinbase spike. |
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Maybe tell those dudes to grab a money transmitter license like they're supposed to. J/K, we're still in the Wild Wild West phase of Bitcoin, shit happens, people go down when your trying to build something. I'll let BurtW know if the federal government ever lets us talk to him again. When Bitcoin becomes MasterCard I'll move on to something else. There are lots of federally regulated investment opportunities in the wild. Bitcoin is unnecessary for that purpose. It sucks what happened to BurtW, but please let's not drag that into this thread. Bitcoin will never become MasterCard, Bitcoin isn't a company or Financial Institution. This isn't an either or situation. You can't have Bitcoin thrive or survive, and no one pays the bills to keep the lights on and electricity running. Even Linux wouldn't be where it is today without Android OS which is owned by Google, probably the largest centralized force in the universe. Need to play both sides of the coin to be viable, there's no hard stance needed to be taken. Do you honestly believe a large collection of corporate investors are doing this for any other reason than profit? That profit most likely will not help the small Bitcoin user or holder. I can see it being much more desirable for corporate investors to have price hold stable rather than climbing. This will do nothing to help me but I'm sure some groups will become famously wealthy. Both. Bitcoin is the future of money, why wouldn't they try to profit from the future of money? Just do it "Pro Bono" for the hell of it. |
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