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Be advised, BCash shitcoiners are beginning their drive by.
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was it you that was happy about blockstream satellites? ,lols , if not ..sorry lol a few yr down the rd when 3rd party segwitcoin needs funds for this (fake) idea...they will tax the network, increase fees, charge for wallets or something else ...but hey its ok, cause blockstream are sending up satellites lol..more like lining their pockets  ok 5yr ltr, we now sending a node to the moon, we need to raise fees again...10yr ltr , we sending a node to mars, ..guess what..higher fees lol but its all gd...who wouldnt want nodes in space eh Ok pal. So if you are so unhappy about it:
Instead of of bitching and crying about it here, why don't you get the fk off this sub forum, go to some BCash forum, and enjoy your crappie shitcoin clone with the 10 other shitcoin fanboys and b happy with your life?
Oh that's right, because trolls gotta troll. You guys just can't stand the thought of Bitcoin succeeding, can you? It's must really be burning you guys up. BCash is DOA, and your silly BCash forums are dead dead dead. No one cares.Welcome to /ignore |
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The satellite allows those people to also be able to get the Blockstream's approved version of the blockchain (well part of it, only new blocks right now)
FTFA So what? I don't exactly see Ver/Wu/Wright et al building out any satellite capabilities for BCash. Compete or get left in the dust. |
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It is currently receive only because transmitting to the satellite requires a lot of power and extra stuff that most people won't be able to get.
I think he is underestimating the ingenuity, resolve and the purchasing power of the very early bitcoin adopters.  I know if I had the proper location and resources, the very first thing I'd be working on is a teleport station build out. |
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Even with all the extreme volatility of BRK/A over the years at times. It looks like if someone would have invested just $8K into BRK/A when it was ~$4000 back in 88' would not only have crushed inflation long term, but be sitting on $500K of retirement today. And this is for a stock that only a handful of people in the U.S. had the means to invest in. It only traded in the U.S. market, and only Mon.-Fri. during normal daytime stock market hours. Thus it took 30 years to reach this level. Looks like a pretty good store of value to me. Bitcoin won't take nearly that long. |
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To those early adopters with thousands of bitcoin and who are now feeling suddenly nouveau riche.
The future world needs new oligarchs, but oligarchs of a different kind of mindset. Not the robber barons of old that have completely pillaged and destroyed the world of today.
If you want to see this change happen, you need to have a plan to preserve your wealth for your future generations, and start instilling the new mindset in them early. Write a manifesto, leave it to your heirs along with your leftover wealth and a plan to both preserve it and use/wield it wisely in the future.
This is your destiny and will become your legacy.
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A shittily cast bronze rendition of Slender Man for 140 mn? Wow, high end art is so weird. I've seen Egyptian hand sculptured/painted statues and other relics that are far more worthy of that kind of money. At least many of them reflect the actual amount of tedious and detailed work effort that went into making them. |
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Come on! How can a full retarded have a voice in a world famous magazine?  Another fkn idiot author going with the Dutch Tulip comparision again. But ironically, there are exactly zero articles on the web comparing the SNAP IPO stock to Dutch tulips. Because that would be a pretty dead-on accurate comparison. Hmmm... maybe I should write one? Also notice that the more Bitcoin's price soars, the more these negative articles hit the web. They'll be screaming "tulip bulbs" all the way up to 200K. The next two decades will be hilarious. |
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The Spitznagel article was also published on Zerohedge. Ludwig Von Mises has turned around in his grave... .
I like gold and silver for different reasons (as insurance). But some of these goldbugs are either being disingenious or just plain stupid in their arguments against Bitcoin. If one could create an unlimited number of different kinds of fools gold with similar properties, would that diminish belief in true Gold as money or wealth storage value? Would that cause Gold's price to automatically drop? No I think not. Not for people who truly believe in Gold vs. those that believe in all of the alt-gold substitutes. It's the same for Bitcoin. Just because an infinite number of altcoins can be created does not defacto diminish Bitcoin's value to the true believers. Otherwise every single time an alt was created, Bitcoin's price would automatically drop a corresponding amount. Which it never does. Same for moissanite vs. diamond. Even though moissanite can be created in a lab and has superior spectacular brilliance/clarity vs. most diamond, there are still those who value diamond more and will likely always do so and pay more for it. |
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https://mises.org/blog/why-cryptocurrencies-will-never-be-safe-havensSo, a goldbug on a pro-PM website writes a blog about why Bitcoin will never be a safe haven asset like PMs. Wait scratch that, he never implied that Bitcoin won't. He said "Bitcoin and other cryptocurrencies" won't. Wait scratch that, not only did he use the term cryptocurrencies plurally and as a whole, he included ICO tokens as further justification. So let much just set the record straight for these ignorant and misinformed people: No you're correct, "cryptocurrencies" LIKE Bitcoin (altcoins, etc.) or ICO tokens as a whole will NEVER be safe haven assets. But Bitcoin specifically WILL be.
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The real money starts piling in @ September.
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45cm Ku Band Satellite Dish (antenna)
PLL LNB (linear polarization) w/ < = 200kHz LO stability
LNB Power Supply
LNB Mounting Bracket
Software Defined Radio interface
Cables, Connectors, and Mounting Hardware
1. Minimum 45cm Satellite Dish (bigger is better)
has to be down only, there is no uplink gear in that BOM Yeah, the bigger question is how does one become a satellite teleport station? And what hardware/software would be required? What are the reg requirements? Cost? So many questions.... |
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Very cool. I did some gold buys with a coin store and I found I spent a lot more when I was using Bitcoin (at $600-$800 a coin I sometimes kick myself but that's life).
There's an online merchant that got some of my bitcoin in exchange for gold and silver. Their bitcoin, should they still possess it, is now worth 34% more than my gold and silver. But I'm not sad at all. A fair trade at the time.  |
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So I think I'm feeling ready to make the move to accept bitcoin as an advertised method of payment in my jewelry business. I've been toying with the idea and suggesting it to customers for awhile now for the reaction. In July, about 70% had heard of it, 1% had some but wouldn't use it, and around 30% who had heard of it said "not for me". This week I noticed a much broader interest in bitcoin from my customers which turned into short conversations and several eavesdroppers approached me later to ask more about it.
My customers are largely middle and upper middle class.
I have a 17 day show starting this week and I've already printed the sign. BTCitcoin Accepted Here!
I think that is awesome! We need more local merchant acceptance. Just seeing the acceptance signs will start to change public perception of bitcoin. Perhaps you can even offer to help customers with setting up their bitcoin account and wallet. |
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I thought he was talking about radio waves off of towers.
Apparently they are using existing satellites and you need an antenna that connects to a pc. I'm sure it's a matter of time before they gain access to smartphones.
Yeah, they mention a satellite antenna and an inexpensive usb receiver. Also mention SDR (software defined radio). Following is a list of all the hardware required:
45cm Ku Band Satellite Dish (antenna)
PLL LNB (linear polarization) w/ < = 200khz LO stability
LNB Power Supply
LNB Mounting Bracket
Software Defined Radio interface
Cables, Connectors, and Mounting Hardware
This sounds awesome. |
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There's this new altcoin named fiat, I heard they take it at every store. With such wide acceptance it's a clear winner.
And with an infinite supply it assures that everyone will have some. Yay! |
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