http://www.zerohedge.com/news/2017-07-28/bitcoin-civil-war-over the most logical way to defend against the threat from a market psychology perspective is to hold onto your BCC even if you think it’s garbage. You have to understand that if bad actors want to make Bitcoin look bad and their alt-coin look good, price will be a huge part of their strategy.
It might make sense to not dump your BCC right away, which could let bad actors control the entire float. If you do that, they can then dump their BTC on the market while controlling all the BCC and ensure it goes up while Bitcoin drops. I’m not saying this is my assumption, I’m saying its possible. As such, hold on to your BCC to prevent them from executing this strategy. Then if BTC does drop as BCC rises, you have dry powder to take the other side of the trade. The risk in this strategy is that BCC crashes right away and never recovers and you lose that free money, but if that happens you’ll still probably benefit from a rising BTC price.
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oh god, the lulz
"but how will I buy my coffee with small blocksize"
For fucks sake, some people just cant think past the end of their trailer park.
BTC is not for buying Starbucks, It's not even for buying cars. It may end up being for buying houses, but I rather doubt it.
The use case for BTC is large settlements, like container ships full of goods or downtown buildings or corporate mergers.
Bitcoin DOES NOT HAVE TO SCALE, and these retards whining about it are really starting to get on my nerves.
Buy your goddamn coffee with an altcoin or on a sidechain and leave this to the adults K?
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Thanks, now I really learnt my lesson. The $200k I lost is very well spent on that lesson, thanks again. Now you feeld good? I really hope so.
dude, this JUST KEEPS HAPPENING over and over and over again when you got involved in BTC and invested 200 fucking large did you even bother to look into the history? ffs |
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Hey so what do I need to do before august 1? I have some on exchange, do I need to send them to a wallet?
that is what most seem to be suggesting |
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[11] plenty of room in Guantanamo for you buddy
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and burning trains and rockets
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Servers are not important but just private keys and bank accounts where their fiat money is.
well, that and a database backup, kind of important |
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How do you say politely FUCK YOU MUUUUURICAAAAAA ?
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breaking from another thread, looks like the BTC-e domain has been seized
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the domain isn't everything
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The difference being that in the SR case they had Ross' laptop, and Ross, so they could threaten him with the old fashioned rubber hose treatment and get the keys.
I doubt that the US govt has the keys to the BTC-e bitcoin.
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please to tell, where is this BCC dump?
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Shall we discuss about them zionazi jewish banksters or how about flat earh?  faked moon landings or bust |
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This thread is getting hints of retardbox level retardness.
"hints"? |
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I seriously thought, it had something to do with "rektum", but i´m not that far off, i guess . . .  I think there is a nuance of double entendre there, perhaps "wrecked in the ass" would be the most accurate translation. Kind of like how pwned is a simple mistype of owned, but suggests "pawn" as well, I think the unintentional cleverness is why some of these catch on. |
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they did say they needed a couple days to get drunk
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I wouldn't touch fractional reserve paper metals. I could type all kinds of stuff about it, but one of the more problematic examples is that they will be forced to revalue metals in the near future and when said event happens, they will settle everyone's GLD account into fiat USD spot price first and immediately revalue right after, so basically a confiscation in practice. Paper metals are 100% useless.
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I know we are arguing and all, but 100% with you here |
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Bitcoin has ZERO, I repeat, ZERO value as a settlement layer because there already exists far better settlement alternatives - noble metals (gold and silver). This is why currencies were always derivatives of them in the past. Bitcoin has built-in middle men (transaction validators) and counter party risk while metals DO NOT. Bitcoin is a rent seeking usury system where miners expect to get a cut out of every transaction like the mafia while metals ARE NOT.
You need to be a complete lunatic to believe bitcoin somehow has better fundamentals as a settlement system than metals. Can you imagine issuing currencies as a derivative of bitcoin when bitcoin is already only a currency and not money in the first place? LOL. For the the 500th time, bitcoin is a currency, not money, which is why it's called "cryptocurrency". The value of currencies are derived from transaction flow, NOT stock.
You are, of course, welcome to your opinion, but I fail to see, unless you are going to sleep on top of your pallet of silver with an AK47 while it crosses the Pacific ocean, how physical delivery does not have counter party risk. Don't get me wrong, huge physs fan here, if it weren't for that dammed boating accident we could get together and try and out macho each other curling our stacks, but yeah, I guess I am a lunatic...I think teleporting the equivalent value of that pallet in an hour or so, securely, does in fact have value. |
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