|
There's that Stamp wall again... 250 coins.
Eaten or pulled this time?
Edit: nom nom
Reedit: 1/3 eaten then it seemed to accomplish its intimidation purpose and pushed the price down a bit.
|
|
|
|
|
The old bladder alarm did it again. Another piss, another ATH.
Back to bed or nuke up some Redenbacher?
Go Bitcoin go.
|
|
|
|
|
Holy Stamp wall Batman.
Wu/Ver?
edit: pulled
|
|
|
|
What is Bitcoin? It has been exploited by criminals to launder money. I laughed at such a simplistic definition  What are banks? They have been used by criminals to launder money.  |
|
|
|
|
Stamp ATH tied but not broken (yet)
|
|
|
|
One of our fork coins is pumping. I didn't even know it was out yet!
You don't say! ... which one? |
|
|
|
A solution to double-spends is to introduce a trusted central authority, or mint, that checks every transaction for double spending.
-Satoshi Nakamoto
The central bank must be trusted.
-Satoshi Nakamoto LOL Yep that Satoshi sure knows all about central authorities and trusted banks. Yes Sirree Bob. Edit: Then there's the importance of limiting access to source code and dealing with rogue nodes: Software Development
Bitcoin source code being available for everybody, including malicious parties, naturally causes security problems. Solution would be to restrict access to source code to specialists, who would control Bitcoin development and ensure all problems with network are being resolved fast and with least possible downtime, providing cryptographically signed software updates to all banks and end-users. This ensures the code have not been tampered with additionally measures can be deployed to detect participants using unauthorized modifications to client, endangering the network. The government will also be issuing licenses for banks to run node software, protecting the users from rogue nodes.     |
|
|
|
What's Jimbo going to say today when he sees his native Canucks let the team down... Oh the shame. Oh the humanity. Hopefully, he is not drinking too many Piña Colatas on the indoor beach that he constructed in the not so tropical Toronto, and will be able to pull it together enough to respond to the this particular "valid concern."
No indoor beaches here. Just warm clothing and hot chicken soup. We're having a cold snap. After the holiday season I'll be heading to sunny Mexico to check out the piece of land I've been offered for Bitcoin. Foreign ownership is frowned on in Mexico with a hundred year minimum family residency, but my friend "bought" her land from the Mayans over 10 years ago and has been happily living there ever since, just coming back to Canada a couple of times a year to maintain pension eligibility. A combination of loneliness for non-Mayan company, poverty, and increasing difficulty maintaining her spread have led her to offer me 60% of her land, the main house (she'll keep the smaller one), 2 wells, cookhouse, and "eco toilet facility" payable in Bitcoin. There's no reason for either the Mexican nor Canadian governments to be involved. This is between me, my friend, the Mayans and the blockchain. As they say, where there's a bitcoin there's a way. |
|
|
|
|
Good morning Bitcoinland.
Seems we're still going more or less sideways... currently $16883USD/$21712CAD (Bitcoinaverage).
Both VerWuCash and B-Gold (and most altcoins) are up so old coins are currently worth $18850USD/$24243CAD each (Coinmarketcap).
Ho freaking hum.
|
|
|
|
Many "Stupids" on finex???
Not too bright, those margin "traders". |
|
|
|
Know what massive wealth doesn't protect you from? Toothache.
Memento mori.
Actually, it does if you spend some of it on a dentist. Got into the eye doc today. Been putting it off for years. Paid cash. Feels good man! The ability to just... pay for almost literally anything like it was nothing is liberating. Getting a new apartment now that I'm independently wealthy (at 35! how crazy is that!). Up front payment is $5k. Don't care, it's no big deal. I'm having a hard fucking time adjusting. I'm planning on doing a little dental tourism myself in January. I've found a very highly recommended high-tech clinic in Mexico, near where I'm planning on buying some property with Bitcoin. When I go for my assessment/estimate, I'll see if they'll accept payment in Bitcoin as well. I can get full implants for a small fraction of what I'd pay in Toronto. With what I earned in Bitcoin this year, I think I owe myself a full set of Hollywood teeth. If I ever need repairs, I'll be able to stay at my own tropical retreat. Yes, financial independence takes some getting used to and I'm trying to avoid becoming extravagant but health is perhaps our greatest treasure, with only friendship even close. The secret is to be frugal in one's extravagance. |
|
|
|
Remember when they used to laugh at us? Now we laugh at them. |
|
|
|
Double top definitely broken and now we are at all time highs again at $17400... bears lose again. .
Losing is what being a bear is all about.  |
|
|
|
|
Oh look another ATH at Stamp.
|
|
|
|
|
Good morning Bitcoinland.
We've come back up after yesterday's ATH and correction and seem to be consolidating just a tiny bit higher than this time yesterday... currently $17048USD/$21951CAD (Bitcoinaverage).
AsicboostCash and B-Gold are both up, so old coins are worth $18870USD/$24288CAD each (Coinmarketcap).
Maybe we'll see another ATH today but we might just sit here for a while.
Go Bitcoin go.
|
|
|
|
I think we can assume they still don’t have all their coins. They would’ve spent a lot of on legal fees.
They didn't have to. They got over $60m in their Zuckerberg settlement and spent less than a third of it on Bitcoin. They've clearly stated on several occasions that they haven't sold any appreciable amount. In fact in this interview they said they spent bitcoins twice, once to get Cameron some leggo, and once for seats on Richard Branson's spaceship. They said they regretted the latter because of how much the price has multiplied since. They were already rich.... "the rich get richer and the poor get poorer"... Actually, that's the great thing about Bitcoin, even some of us poor folk get richer. |
|
|
|
The wealth I eventually acquired from Bitcoin was .......[fill in the blank_________].
Recently, I have been kind of talking like this too, and i think it has been about since $1,000 that I started to fill wealthy and everything after that has been kind of a cushion and icing on the cake. Before $1k, I remained a bit nervous, even though I felt that I had a good investment, but I felt some insecurity with my cushion, and that I needed to keep prepared for any just in case price drop. Now at $16k plus, we have like a $16k cushion that can cause use to increasingly refer to our "eventually acquired wealth" as a kind of preparation meets opportunity kind of luck... Yeah, sure there is luck, but we had to prepare for our luck and we also had to identify and seize upon some of the opportunities that were presented to us. Now, I think that people with 50 or more coins can consider themselves wealthy because if you can mostly hang onto those coins, they are very likely to continue to appreciate and continue to contribute to your wealth. I am also getting the feeling that people of 20 or more coins are going to soon fall into such a wealth predisposition category, too. My faith conviction in the long-term potential of Bitcoin never faltered, even during the darkest days. The worst was during the spring and summer of 2013 because it was my first deep crash. I missed the great bubble of 2011 but had learned the history and knew it would rise again. The only coins I sold were during the "dead" (LOL) cat bounce when my $155 ask was filled. I immediately placed a $97 bid which was soon filled. After that the 2014-5 downturn was small potatoes. I haven't sold any coins since except for $150 worth a couple of years ago when I needed pocket cash to buy beers at the ballpark, and then the$6000 worth I sold last week because of a cash emergency and having to honor a commitment. What a mistake. After selling, of course the price skyrocketed. If I'd been able to wait 2 days, I would have gotten $10k instead of $6k. Now it bugs me that the 50 coins I lost at MtGox are worth over $1mCAD but it helps keep me on an even keel. I still don't think of myself as "rich" despite being a Bitcoin multimillionaire. Maybe after a couple of doublings. Indeed, anyone with 2 digits of coins can start thinking of themselves as wealthy and those with 3 digits can look forward to being truly rich some day. Those with 4 digits can look toward being very rich and those with 5 or 6 digits (e.g. the Winklevoss twins) will be the new wealthy elites. Satoshi? Who could possibly deserve it more to be the new Rothschilds? |
|
|
|
Badger finished nap?
Snakes and larvae digested (burp) and ready for breakfast. |
|
|
|
Litecoin is a junk fork, its only use is salvaging your money from bitfinex and ripping off people.
Litecoin isn't a fork. It's an alternative cryptocurrency with a different hashing algorithm, whose original primary function was to demonstrate how easy it was to copy the Bitcoin formula. It became more widely adopted after the advent of SHA256 ASICs because it extended the useful life of GPU miners by using Scrypt. |
|
|
|
|
Show Posts
