Have anyone already used the split feature of ledger nano s?
The bch balance only shows in the (main). When I choose the (split) version the balance is 0. |
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His quotes: "That's the beauty about gold... it's extremely limited in supply" [as if bitcoin's aren't??] "...and neither of those attributes [such as limited supply] can be said about ANY digital currency" WTF?? I happen to like Mike Pento, but he really needs to do some more research on Bitcoin before he makes such statements. |
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WTF? So is Roger Ver full of shit? Is this BCC fork thing not happening now?
I swear to the gods, if that guy and the whole lot of them was bullshitting this whole time about a fork, then I think it's time to gather up the torches, pitchforks, and some rope, fellas. We need to end this FUD garbage once and for all.
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C'mon bitcoin, if you're gonna do it, break into a new ATH already!  |
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"the others, they have Visa/MasterCard" ...  And 3% transaction fees. And 10% inflation. And flat wages. And no savings. And debt. But bitcoin sux.  |
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Poeple who selled there coins are regretting now  How would they have sold their coins when they moved them all off the broker sites and exchanges? Lol  |
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Every time that I see the price pushed back up into the $2700-2800 range, alts are down.
That would seem to indicate that alts are getting squeezed each time to prop up bitcoin.
hard to see now ... No, just was waiting for someone else to recognize it too. Your graph clearly shows the mirror inversion pumps/dumps along with ETH and other alts. Also note there has yet been no net new money coming into the overall crypto market. Just whales playing with the initial investment that they pumped in from the beginning, that topped six weeks ago after some profit taking. It has been on a decline ever since. But of course everyone is so hyper bullish right now...  |
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Every time that I see the price pushed back up into the $2700-2800 range, alts are down.
That would seem to indicate that alts are getting squeezed each time to prop up bitcoin.
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1) Are you concerned that the U.S. gov might be lying about true inflation numbers? 2) Do you believe that Bitcoin can grow at a 5- to 10-yr average rate of at least 10-12% per year? If yes to both above, then here's why you should invest in Bitcoin for the long term: http://www.chapwoodindex.com/ |
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So I see once we hard fork, from a purely BTC point of view, there are a number of counter acting pressures
2 main ones
1) Alt people, will sell BTC and go back to Alts (Alts will rise)
2) People who decided to stay out of crypto and sold everything, now will want to get back in and Buy BTC
To a lesser extent.
3) Fanatical BCH (BCC) supporters will be selling BTC, I think the risk is low, but the effect could be huge.
4) People with conflicting objectives have split off from BTC, this is positive for BTC and will create confidence.
I think this is a real tug of war and when the very thin markets effectively re-open after the fork it could be pretty wild.
What did I miss?
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I did have a theory on something that could push the price up a lot over time.
There was something like 600k bitcoins stolen from MtGox which apparently was flowing through btc-e being sold off over the years. btc-e has always had a lower price which may have kept the price low over the years. Now that the admins are on the run and they do not have btc-e to sell their coins they have stopped that flow of large amounts of bitcoins onto the market. Without this downward pressure, who knows how high the price will go.
Good theory, but how big was btc-e, apparently we shrug off btc-e quite easily. Logically one would think such things like less coins available overall would increase the bitcoin price. But then I look at the Bitfinex hack. ~110K less coins on the market almost overnight, and yet that didn't seem to really affect the market price much at the time. Did Btc-e allow shorting? I don't really know much about that exchange at all. |
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Why can't tomorrow be Aug. 1st so we can get past all this "Coin split! BCC! Aug. 1st! OMG!! AGHHH!" sky is falling FUD garbage.
Ugh.... one more fkn day... can't wait for it to be over so we can move on.
<sigh>
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What??
I said you have an opinion and you are assertive about it, but you don't understand how central banking works or economics in general. God you remind me of some teachers/professors that I had. That ignore button is starting to look really tempting. I must admit, the content of your posts are actually quite good. But the arrogant attitude conveyed is rather noisome. I put this condescending idiot troll on ignore about 2 pages back. |
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Why? Be the change you want to see in the world. In the words of right wing death squad leader Duterte:  This quote is the classic mindset of a Dictator. Exactly what Mussolini, Hitler, and Hussein thought. And what Maduro is thinking right now. |
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Point is, i've been waiting for fiat to blow since people starting saying this on the internet about 15 years ago. It's coming.... It's coming....
It's really coming and it ain't be fun. US desperately need another WW. Don't worry, they're desperately working on that behind the scenes as we speak. Can't have all those millions of barrels of oil just stockpiling in shipyards around the world with no usage. Got to protect the honey pot and get that oil burned up so they can pump more. Otherwise the price of oil will plummet to below $25/barrel and the poor Global elite's wealth will suffer miserably. That's why you constantly see new MSM articles about North Korea firing missiles. It is all planting the seeds within the populous to prep them for things to come that are already being planned by the Globalist Deep State. I mean, just take a look at this article headline. How in the fk would the U.S. Army know or predict such things before it has even happened yet? http://www.newsweek.com/next-us-war-long-hard-take-entire-country-win-army-chief-643520 |
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Yes and I quoted a research report based on your fed that explains that as bitcoin grows in relevance it will force the fed to adjust its monetary policy in relation to it. Your conclusion doesn't acknowledge this FACT.
You are completely delusional if you think that the Fed is going to adjust their monetary policy at all to improve the "quality" of their money, much less to "compete" with Bitcoin. They don't give two shits about Bitcoin. After another worldwide financial crisis, they will slam interest rates back to zero and fire up QE4. If that doesn't stop banks imploding around the world, they will send interest rates negative and print dollars into oblivion. They will even airdrop helicopter money directly into people's bank accounts if they have to. Dude, you CLEARLY showed you don't fucking know what you are talking about. What is this?
See my response above. |
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I think if Bitcoin lives on another 10-15 years it'll definitely go to $1M/each. Because of hyperinflation of the dollar, lol.
You also don't understand economics. Central banks allows banks to tend to the quality of their money: Also, a substantial decrease in the use of dollars would also tend to reduce the size of the Fed’s balance sheet and introduce another factor into its consideration of how to affect short-term interest rates (the instrument for implementing monetary policy). https://fas.org/sgp/crs/misc/R43339.pdfI'm not sure where you're are trying to go with this. But the quality of my U.S. dollars has lost some purchasing power over the last 4 years, while the "quality" of the purchasing power of my Bitcoin has gained 5X. Are you sure that you understand economics? |
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...that think it's guaranteed to go to $1 million each.
I think if Bitcoin lives on another 10-15 years it'll definitely go to $1M/each. Because of hyperinflation of the dollar, lol. |
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When you talk about bitcoin and use words like "belief system" it's outrageous.
I guarantee you that the first 10, 100, 1000, even 10,000 humans on this earth had to "believe" that Gold or Silver had some sort of value to begin using it as a form of money, as a barter system. It started with the first 10. Then spread over time to the rest of the world. Purely. On. 100%. Belief. And. That. Is. All. Prove me wrong. |
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Getting tired repeating myself, but it's called cryptocurrency for a reason.
We're getting tired of you repeating yourself too, dude. You come into this thread every night not only repeating the same old tired arguments over and over, you've even resorted to copy-pasting your own old rambling texts from previous posts. We've all heard your arguments about Bitcoin, and we still don't care. If someone perceives Bitcoin to be a superior form of money or value transfer over precious metals, then let them. We don't need you to be the patron saint of Precious Metals, any more than we need to hear JStolfi's tired arguments of why cryptocurrency in general is a worthless giant Ponzi scheme. |
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