A lot of successful companies saw something great in Hillary. |
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So looks like we're holding steady with $1.6 million worth of fiat coming in on a daily basis.
Assuming all mined coins are soon sold. I wonder how long coins typically sit in their original address... The bears tend to throw out those big numbers to scare us: "3600 bitcoins are being cashed out every day to pay for electricity!!?!!!$!!" Now they can eat their words. |
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So looks like we're holding steady with $1.6 million worth of fiat coming in on a daily basis.
After the halving we will not see that amount daily until the price is $900.
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Bitcoin Getting Smarter Smart Contracts Than Ethereum By Year’s End https://bitconnect.co/bitcoin-news/172/bitcoin-getting-smarter-smart-contracts-than-ethereum/“Rootstock provides Bitcoin miners (the most important, tested and secure mining network worldwide) the opportunity to participate in the smart contract revolution receiving a new revenue stream with their current hardware and electricity consumption. Rootstock also benefits the Bitcoin ecosystem by using bitcoins as fuel to run Rootstock smart contracts. Finally, Rootstock provides Ethereum projects and developers a fully compatible alternative to run their solutions, benefitting from the security of the Bitcoin network.” So basically...any Ethereum Dapp will be able to run on Bitcoin's network. Eliminating the need to use ethereums. |
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soon eth blockchain will reach critical mass and collapses into a blackhole
Earth is done guys
Meanwhile, still not a single eth dapp 10 months after launch ahahahahaha.
But...it's all theorical John !
Isn't there an Ethereum Dapp that unlocks a lock with the Ethereum computer ? Because, you know, a key is too simple and we need a blockchain solution  Someone did that with Bitcoin years ago. |
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And what about all the free Obama Phones?
No more free phones (that Bush started)?  |
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1.5% volatility is considered unstable?
As compared to the JPY at .95% volatility or BRL at 1.1%.
Its not about volatility, is about perceived weakness of BTC. Of course you can deny that, but imo BTC is "wounded". This whole blocksize-fight, no matter what side you favor, has taken big hits to investors confidence. We are lucky to have the Halving upon us, without that it would have been really ugly the last months. Ya, it did go down 2% after going up 8% so it's probably going to go to $0 any day now. |
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1.5% volatility is considered unstable?
As compared to the JPY at .95% volatility or BRL at 1.1%.
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Wow...have they distributed over 60% of etheriums too? What's the max amount? Do you know of any place I can pay my phone bill with etheriums? Or Amazon purchases? |
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Look at how many jobs will be lost if Trump wins.  |
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"most of us should realize that you are a nut job, or at least you have nut job propagandistic thinking"
You have to admit, that's special. I'd like to meet someone with "nut job propagandistic thinking".
Simplest thing to do whenever someone says "beanie" is to add them to ignore. They are obviously clueless and will add nothing toward furthering Bitcoin. There should be a script set up to do that automatically. |
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I'm giving my niece a bitcoin for her graduation this weekend. I already created an address for her a few years ago so it's easy to just top it up even if I'm overseas. Did the same for her brother when he graduated a few years ago. I finally showed him how to use them a few months ago and he was pretty excited.
Make sure to turn her on to DNMs, I'm sure her parents will thank you  Welcome to bitcointalk! |
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I'm giving my niece a bitcoin for her graduation this weekend. I already created an address for her a few years ago so it's easy to just top it up even if I'm overseas. Did the same for her brother when he graduated a few years ago. I finally showed him how to use them a few months ago and he was pretty excited.
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I'm not sure why everyone is excited about DAO.
BitPools has offered this ability for 2 years and nobody ever used it. Sure it's probably about marketing and reaching critical mass but I don't see anyone using DAO. I created BitPools as a centralized version precisely because I knew that the first stage needed to be as uncomplicated as possible for users, a few button clicks. Ethereum DAOs require a whole lot of work to get a proposal through.
While I support the concept, I don't think people are ready to use it. There will probably be one DAO used mainly by the developers to highlight its use, but that's about it. All the rest will consist of the DAO owner with his own "proposal" of how things should work in his DAO, with nobody wanting to join. In a libertarian environment, everyone wants to be king.
I can also see a lot of people supporting a proposal, but not actually having the money to fund it when the time comes. I've seen this too many times in various projects I've worked on. That's why with BitPools I require people to prove that they actually have the required bitcoin balance before supporting a project.
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You should change the subject.
You have bitcoins that you can spend. You're not broke.
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poor bank |
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spike back to 460 imminent
I got a feeling
time is now
buy or die
Again we approach a narrowing triangle that will happen on a Friday that I get paid... all the other times that happened, the price goes up |
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just when you thought there couldn't be anything more obnoxious than Ripple scamcoin pumper bots ... along came the poxy-faced, get-rich-quick, ether huffers
Doge people were worse. The whole point of their alt was that it had a dog logo. |
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BTC looks sooo fucking weak right now and that only few weeks apart from Halving, not the best sign imo.
A stable price is a great thing. It shows that we can hold the $450s no problem, even with over $1.6 million in mined coins being sold each day. Imagine what happens when that number is cut in half. That's what I wanted to post. Low volume and we are able to hold the 450s without any problem. But we don't know if all of those daily new issued coins are getting sold to the market. For years the bears used the argument that "we need an influx of X dollars every day coming into Bitcoin to pay for the miners selling all their coins!" to instill the fear that the price is unsustainable. The reality early on was that most miners were hard core Bitcoin users that supported the idea of it. Now it is probably more of an investment vehicle. Either way, the inflation rate will decrease. I looked at the chart on BitWage and they are converting over $500k in fiat to bitcoins each month and growing. I suspect that by the halving date, there will be as many people converting their fiat paychecks to bitcoins via BitWage in one month as there are bitcoins mined in a day. |
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