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1  Bitcoin / Bitcoin Discussion / Re: Space mining-myth or reality? on: December 06, 2018, 11:46:13 AM
What conditions are needed for profitable production?
And, do you know what place is best for all these items? Space!
1. Cheap electricity (preferably free). according to rough estimates, mining leaves of 1100 MW or 9636 GW⋅h (0,829, MTA) per year.
2. In space, low temperatures, which greatly facilitates the cooling of the system.
3. There is a lot of space and there are no taxes and rules yet.
And test this idea is not so difficult. It is enough to take a small mining farm to the ISS and see what happens. And in the distant future, perhaps, they will build entire orbital cities for mining.
How about that?
Do you think it can be implemented in the near future?



This post is a good illustration of just insanely ignorant and unaware bitcoin-fans are of economic realities.....
2  Economy / Speculation / Re: HODL'ers lose. That is no surprise on: December 04, 2018, 07:28:06 PM
portfolio day by day worthless but i think there no way to still keep holding definitely i say holders lose. Even some companies don't believe in crypto currencies and so they decide to transfer in equity base platform.

Since when have companies ever dictated what the future of cryptocurrency will be? Those who "believed" and now gave up weren't believers, just passengers on the bandwagon. Those who do believe were into Bitcoin when it was at $100 and will probably be around if it ever somehow reached $100 again. Belief has very little to do with price, and everything to do with... belief!

There will not be a true blockchain without cryptocurrency i guess. Frankly speaking your point are not surprised for those who are long term investors in cryptocurrency, there is no way a holder will lose his/her investment when he/she patiently HODL, so, kindly hodl for a better bull run in the nearest future.

In the last crash, there was a lot of apologist talk and a new enlightenment that it was blockchain, rather than Bitcoin, that would show the way to salvation. Cue Bitcoin's resurgence (and yes, it's still multiple times above 2016 value, by the way) and cue the fall of all other blockchain platforms and services that desperately cling on to Bitcoin's fate to guide their own.

But why convince people to stay? This is good for us. The culling is far from over.

The amount of stupidity on display by Bitcoin believers is infinite.....
3  Economy / Speculation / Re: BTC To 1$ on: December 03, 2018, 04:48:56 PM
DONT be fucking stupid, when it was 20k$ i said it will dump to 3.6k$ you dont believed , Now iM TELLING YOU btc WILL go to 1$  soon, There is no logic in crypto, do you understand?
Candidly speaking bitcoin cannot go down to 1$ because of it usability and it price stability at the moment. Bitcoin as at January 2018 was said to crashed down to 3,000$ thereby waiting for another bull run in the first quarter of 2019, this has been the drama from bitcoin but let keep hope alive to await the first quarter of 2019, as we stand to feel the taste of the Honey!!... in the world of cryptocurrency.

If you believe that, then I also have a herd of unicorns I want to sell to you - are you interested?

Send pics of said unicorns  Wink

Sure:

https://www.foxy.io/blog/wp-content/uploads/why-does-foxycart-support-bitcoin-1024x535.png

4  Bitcoin / Bitcoin Discussion / Re: Psychological fear dominates the market on: December 03, 2018, 04:42:41 PM
Yes people are facing psychological problem because of the decline in market, and it's also true that it's only for a short duration of time, the market will gonna be normal again.  Wink

This is the normal market - constant decline, sometimes staying at a level for a short while as it did at 6.000, but then more decline. It will never some back up.
5  Bitcoin / Bitcoin Discussion / Re: Blockchain survive, cryptos die on: December 03, 2018, 04:39:56 PM
you cant seperate them,blockchain is nothing without crypto, crypto is nothing without blockchain.and why do we need a selection like this?we must use everything which makes our life easier.
We cannot remove cryptocurrency from blockchain and both of them are always joined together. One of them can't stand alone so why they think that blockchain will survive cryptocurrency and I guess that cryptocurrency is the product of blockchain technologies.

You clearly do not understand what you are talking about
6  Bitcoin / Bitcoin Discussion / Re: Whose advice you take when it comes to Bitcoin? on: December 03, 2018, 04:38:39 PM
This year, compared to last year, I decided not to trust mass news, I rely only on my own Analytics and Analytics of good professionals.

Good professionals have constantly warned about crypto.

If you are still in crypto you either are listening to fools or you are a fool (or both)
7  Economy / Speculation / Re: BTC To 1$ on: December 03, 2018, 04:33:29 PM
DONT be fucking stupid, when it was 20k$ i said it will dump to 3.6k$ you dont believed , Now iM TELLING YOU btc WILL go to 1$  soon, There is no logic in crypto, do you understand?
Candidly speaking bitcoin cannot go down to 1$ because of it usability and it price stability at the moment. Bitcoin as at January 2018 was said to crashed down to 3,000$ thereby waiting for another bull run in the first quarter of 2019, this has been the drama from bitcoin but let keep hope alive to await the first quarter of 2019, as we stand to feel the taste of the Honey!!... in the world of cryptocurrency.

If you believe that, then I also have a herd of unicorns I want to sell to you - are you interested?
8  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a religion on: December 03, 2018, 04:32:12 PM
religion is a form of core belief that is not centered on a form that cannot be determined. they come spiritually and clearly this cannot be equated with an economic perspective especially bitcoin.

I always see the development of the current situation and find many arguments and even sentiments that can always be fundamentally accountable.

If you equate this perspective with people who really only see passively, I am sure that is true, but I will also believe if they will eventually learn more using logic analysis that has a clearer form.

Anyone still investing in Bitcoin clearly does not have the ability to use logic analysis
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin network jammed? on: December 03, 2018, 04:31:20 PM
I have executed a transaction with BTC and I am now waiting for 6 hours and still have 0 confirmations.

Is the network jammed again for some reason? Or what is the deal with it?

Just another example of why we will never see Bitcoin come back - it is far too unstable for real use.

And everytime it is unstable Bitcoin-cult-believers come with the excuse that "xxxxx will be implemented soon and solve all problems and the Bitcoin will go to the moon"

Face it - it is useless for anything except to hide payments in the criminal underworld
10  Bitcoin / Bitcoin Discussion / Re: Russian Brothel Now Accept Bitcoin on: December 03, 2018, 04:25:38 PM
Today I was in a brothel ( a house where men visit prostitutes. ) in Moscow and I surprised when they told me they accept BTC.

Why are you surprised?

Bitcoin is mainly used only for two things:

- payment transfers for criminal activities
- HODL'ing amongst fools
11  Bitcoin / Bitcoin Discussion / Re: Why is there no marketing for BTC? on: December 03, 2018, 04:20:57 PM
Using crypto has a ton of benefits that the majority of the population aren't aware of because of its technological nature. Makes it seems much more complicated than it is.

You get to have control over your funds, transactions are cheap, and no one can know how much money you have (financial privacy), etc. Most people would understand these things.

Why isn't this being promoted? Why is there no crypto lobby?

For example, pharmaceuticals are complicated in nature, but there is so much advertising making their benefits understandable and it works extremely well lol.

Decentralization won't happen if people aren't aware.


The hype bubble of 2017 can in reality be understood as an extremely large marketing campaign - and it was very successful in attracting fools to buy Bitcoin

Now all the fools have Bitcoin and the early founders have sold at high prices - and now the fools ask whether someone wants to run marketing on Bitcoin ?

HA HA HA HA HA.....
12  Bitcoin / Bitcoin Discussion / Re: Even people in here now give up on Bitcoin on: December 03, 2018, 03:46:15 PM
The old adage never to invest more than you can afford to lose in Crypto has never been truer.

With bitcoin you never possess more than a few numbers and those numbers are only ever worth what someone is prepared to pay for them. You can't weigh them in for scrap or even use them as a doorstop.

The dot com bubble did break lots of people. Amazon lost 90% of its peak price when the bubble burst but today its shares trade at more than 70 times times that peak. Lots of other Dot Com company's are also now worth 100 times plus what their peak price was prior to the Dot Com crash.

Crypto will survive and grow. the question is which coins are the good investments and which ones will become worthless.

For now my money is on Bitcoin, maybe it will change in the future and I will change my investment at that point but with the amount of institutional money going into bitcoin now, this would be a very bad time to sell.



You clearly forget that for every successful dotcom company like Amazon there was thousands which went bankrupt and never recovered
13  Economy / Speculation / Re: "Buy the dip" is only a strategy for losers on: December 03, 2018, 03:22:18 PM
Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

Name: freightjoe
Posts: 717
Activity: 224
Merit: 103
Position: Full Member
Date Registered: August 05, 2017, 11:19:19 AM
Last Active: Today at 03:02:52 PM

Wow, here's your first post:

Wow how this forum is an unbelievable echo-chamber fueling one big ponzi scheme. Bitcoin as a currency, give me a break. A currency where it takes days to clear payments unless you pay massive fees - fees that are hostage to whatever vagaries the miners have? And if you don't, you are left in limbo where you have no idea whether it takes minutes, hours or days to move your money? A currency which is heavily impacted by "civil wars" with rival crypto currencies? A "currency" even less stable than the former Zimbabwean dollar. Don't get me wrong - the other crypto "currencies" equally well fit the ponzi scheme.

It is abundantly clear from reading in here for quite a while that the vast majority of people speculating in here are simply pinning all their hopes and dreams on the notion that these tulip bulbs - sorry tokens - can only rise in value. Sorry to say, but some people are going to get hurt badly eventually....

and you stayed here in the forum for a year to spread your poison:

You are correct

The problem is that many Bitcoin "investors" in here are either too stupid to understand they have been scammed, or are too ashamed to admit it.

Instead, like a sultry 4-year old, they stomp their feet and cry "FUD" and "Buy the dip" and "HODL"

"bitcoin is a scam, to separate morons from their money " - that is the best quote posted in this site in a long time !!

if you do not like bitcoin and think it's scam, then what the hell are you doing here in the forum? why are you wasting your time with people you think are stupid? take a vacation, go travel and forget this forum because you can end up having a fit of nerves, let people like me who like bitcoin stay here in the forum discussing about bitcoin



What are you complaining about - I was right wasn't I ?

It was correct it was a bubble that ended badly

It has been correct all through the year that "buy the dip" only guarantees more losses

Why do you call something that is factually correct for "poison"?

Seems you can't handle reality.....
14  Bitcoin / Bitcoin Discussion / Re: Open your eyes! on: December 03, 2018, 03:11:18 PM
Guys, don't stop believing Cheesy
Now is the time to buy. It’s a chance to catch the dip. The industry will definitely grow and here are the reasons:

1. Bakkt launch (latest news: January 24th, 2019) - This is a project from the owners of NYSE that offers an open and regulated global ecosystem for digital assets (In simple words, it will become a US-based futures exchange and clearing house). Bakkt should provide a clear path for institutional investors to use when trading crypto. For all current investors, institutional capital is one of the expected raising points.
2. ETF approved by the SEC - This will boost more institutional investors to the market. The last comments from the SEC were that the ETF will be approved only after they make sure that the market is not being manipulated.
3. Lightning network adoption - 4,080 nodes this year and that number is rising fast. It will help to solve scaling problems and enable people to use Bitcoin for everyday purchases.
4. Regulated ICO or STO - This will create a real Investment space for projects that will make “tokens” safer for investors. A lot of infrastructure, such as Disclosures, Liquidity Protocols, P2P-Swap Trading Protocols, Debt Tokens, Decentralized Marketplaces, and Custody will serve to help protect investors.
5. Launch of TON (70% ready) - This will be the first real use of tokens in a project that adds value.
6. Real SWIFT replacement by Ripple (or any other) - One of the main uses of crypto is payments, so if we see a “production” solution then more and more people will start to use that.
7. Ethereum moving to POS - The main use of Ethereum is for ICOs, so will it be helpful to move to POS if ICOs are now finished?
8. Wait for 2020 - That is the year when the amount of newly mined BTC will decrease twofold. However, the use of this currency is expected to become more mainstream, thus increasing its demand and, of course, value.

That is all a load of rubbish and wishful thinking - it does not answer the question posed very well earlier in this thread - who the hell is going to come in with 600 Billion USD to match what has been lost?
15  Economy / Speculation / Re: Bitcoin to drop to 43$ and then die on: December 03, 2018, 03:07:55 PM
Last time Bitcoin was at USD 43,- it was quite healthy and part of a flourishing (albeit admittedly largely illegal) economy. Why would that be the "dead of Bitcoin"?

On a less serious note that would also solve the scaling problem as fees would be in the sub-cent area again, even with full blocks.

You clearly didn't bother to the read and understand the article. Typical of "Bitcoiners" when they research something. They cannot read more than one sentence before dropping reading the rest, and then demonstrating their ignorance
16  Bitcoin / Bitcoin Discussion / Re: Even people in here now give up on Bitcoin on: December 03, 2018, 02:51:21 PM
When I warned everyone that Bitcoin would continue to go down in the beginning of the year, all the fools in here would not believe it.

Every post of warning - which came to be true - was not believed.

Now I see a clear change in this forum with many people now agreeing that Bitcoin is in a bad place and unlikely to recover combined with stories of people who are now realizing that they have lost a lot of money for nothing.

And for the fools out there who say "if you do not sell you have not lost anything" - clearly they must be the most stupid of "investors" in the world. Of course you have lost the money, you just don't have the guts to tell your wife yet
It's better to warn that you keep yourself in the room, people here have ignored such warnings again, they have been playing bitcoin for the past 10 years, you say bitcoin investors who are still surviving are stupid but you are more stupid

Look through the posts in here for yourself - they are filled with people who bought above 10.000$
17  Bitcoin / Bitcoin Discussion / Re: Blockchain survive, cryptos die on: December 03, 2018, 02:45:21 PM
Blockchain without cryptocurrency or cryptos without blockchain.. Just like hamburger without bread Smiley It is impossible.. How could you use the blockchain system without a coin? If we make your system what would people take in it? If you don't offer anything like coin why would people join you? I believe that would be something nonsense..

Because you would be paying for goods and services with fiat just like today - but the way the companies work will be much more efficient because of blockchain technology. The cost of running the systems are initially paid for by the companies. Eventually it is of course the consumer who pays, but because of the savings blockchain brings this means that the consumer in total will also see savings. Same as with the internet. The companies spend millions on their webshops, and consumers do not pay to be allowed to use the webshops, that is just part of the product price.
18  Bitcoin / Bitcoin Discussion / Re: Simple and undeniable proof that Bitcoin is a scam on: December 03, 2018, 02:42:42 PM
You are correct

The problem is that many Bitcoin "investors" in here are either too stupid to understand they have been scammed, or are too ashamed to admit it.

Instead, like a sultry 4-year old, they stomp their feet and cry "FUD" and "Buy the dip" and "HODL"
19  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a religion on: December 03, 2018, 02:36:55 PM
I think we must not overthink that if we believe that something we can say that it is religion. Yes we have different beliefs and i do respect it.

Exactly, Joe mis-spoke, he meant that BITCOIN is a cult, to call bitcoin a religion is to offend all religions, bitcoin is a like scientology, its just a scam, to separate morons from their money.

"bitcoin is a scam, to separate morons from their money " - that is the best quote posted in this site in a long time !!
20  Bitcoin / Bitcoin Discussion / Re: Blockchain survive, cryptos die on: December 03, 2018, 02:35:08 PM
Blockchain without cryptos would be never be something interesting for people, we all first see this as money then as a technology. And true, is an amazing technology, but again without the money would be like have all the world interested in MySQL... People who doesn't work with databases gives zero fucks about SQL, but guess what, all the people around the world uses money. That's what makes from blockchain and cryptos a thing.

The money is with the companies of the world. These companies is facing increasing regulation from governments and will therefore not switch to crypto - instead they develop industry-wide blockchain solutions without crypto. This way the get the value of blockchain solutions without the hassle of crypto
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