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there's going to be some more PBOC fud, to get cheap coins for the central bankers, at least 4 x
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Its seems dash is sorta like ripple with the UNL = The masternodes, then this gets hashed compiled back into the blockchain of dash later?
I don't know but I would like to know, seems like it pumped nicely lately. The problem is, I remember reading that the masternodes model was a great threat model that would be exploitable by an attacker, so I would like to know the details. Actually the masternodes (4480 in total) are the reason why Dash is the most sybil-attack resistant network currently : so these masternodes....how do they keep each other honest? If say volume goes high, thought massive adoption, would they not be doing the lion-shares of volume, while waiting for next block to has everything in? Could you put it in really easy to understand terms.... |
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Its seems dash is sorta like ripple with the UNL = The masternodes, then this gets hashed compiled back into the blockchain of dash later?
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I feel "Bitcoinization" will happen by economy segment rather than jurisdictional/geographic area
eg remittance, capital control easement, store of value etc
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as it says in the title.
Wrong question imho. Can Bitcoin take a higher level of Privacy? Does Bitcoin want that? And also, would Bitcoin be able to do it that quickly? I think it can technically improve the level of privacy, but it does not want to and also that (having the blocksize problem in mind) Bitcoin could not agree on a course of action in time to prevent any kind of market taking by any other altcoin, whether Monero or an other altcoin. BTW Monero is there quite a long time, but is it considered as the non plus ultra regarding privacy or are there new coins that can do it better? I should put it this way:: [1] Even if something better than monero comes along, technically can it unseat it due to market share [2] Exactly given the blocksize debate /experience, can any increase in privacy be implemented [3] More Privacy also ~ More fungible, which is inmho essential to success |
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So as a financial founder of Emunie how do I claim as stake in this....?
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the PBOC can only work so many times yawn been there done that.
In fact it would be interesting to know exactly what is going on at these high "volume" exchanges.
I daresay some coins and RMB were exchanged by some of the PBOC officials both sides of this one.
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It seems BTC stayed 650/550? ranges for ages then when to 800 over time but rather quickly went from 800 to 1K
what are some views as to why this happened?
Particularly the last bit 800 to 1K
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I think once past 1K it will really go up alot, then settle back 1K will be the new floor eventually, kinda like 1c, 1$, 10, 100$ are new floors for their day
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I have gone for business in about 45 minutes and 1BTC = $870. When I came back home and check the bitcoin prices, It dropped to $850. What just happened ? Can anyone tell me ? I have checked the cointelegraph and coindesk and still no result.
I can't believe a hero member asks this |
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segwit does seem to be prima facie complex arguably make bugs more likely.
On on had you want dev, on the other is it being done right?
BU seems apealing as it allows a market rate.
Some blocksize seems reasonable as a way to allow the volume of transactions become more attractive for btc rewards. This seems to build on itself as the individual transaction can bare a fraction say 1/4 of the cost but the miner could take 2x btc if blocks get 8x bigger.
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BTC has to be circa 200~400B before institutional money will be forced to take a look.
This will be about the level they will trade of need to be in with the adoption curve, and there be enough liquidity for them to enter an exit.
you need more liquidity / volume
also its harder for institutions to obscure their exact position as any person can verify how much an institution actually holds, (if the instituion puts addresses out there)
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while this may or may not an ATH 5K~10K incoming there is, I posit a lot of room to grow
Its still so much early days in BTC as among other things 99.9999% of people understand nothing about money itself i.e
What is
FIAT,
FRACTIONAL RESERVE BANKING,
QE!,
rather they just want muh dollar and have their buying power whittled away
People can not see that in a super low inflation environment how then are houses and cost of living skyrocketing, there must be hyperinflation, and there is by QE.
Wages are not keeping up. People are not getting money via wages but endless loan issuance.
I feel a 0.5~2T market cap is easily achievable for BTC (at today's dollar buying power)
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yahh it will happen in the near future ,that near future may be after 80 years .with the years to come bitcoin would too much popular and it is prediction is high that its price would go upto 1 million dollars .
Hmm. I don't think so. When the price of bitcoin goes that high, then there would be 21,000,000,000,000$ worth of bitcoin. I think that's too much and if we, bitcoiners, choose to spend our coins, then we can buy literally everything. If we choose to act as one and spend, the available resources all around the world will be ours, and I don't think the government will let that happen. I meant the 1 million dollar bitcoin. And if all the resources were already bought, the bitcoin and all the other currency would have no value because you can't buy anything anymore. What I'm basically saying here is that countries actually just make money that is less than the total amount of the available resource in their country. That's why if you think of it, the government don't just print and print money. They have to control it because the excess amount of money would be worthless since there's nothing to buy. 21T would by you a fraction of everything if that....the worlds largest company is worth if that. one of the largest companies in the world is Saudi Aramco worth over 2T, Australias housing stock is 6T, wack on the infrastructure etc etc, you could probably just buy Australia for 21T, maybe, Now go into the world of finance and the figures dwarf this |
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this is impossible right now because bitcoin was hardly to hit $1000 barrier this year and it would take time maybe next year. and i know this wont happen anyways by 2020 because we still need to balance the economy thats why if bitcoin will be imbalance i guess it could be a huge effect on the market thats why if you can see the graph of the bitcoin price it is needed to be balance and they can make it more higher because if you've read an article regarding on satoshi the unknown programmer of the bitcoin . he has a millions of bitcoin so if bitcoin could hit $50000 per bitcoin that would be a huge destruction of the world and thats so impossible.
who ever / whatever satoshi is....they would have cashed out ages ago if they were going to, further, satioshi can only sell once and at 50K a coin, why would he/she/they/it need to or want to. Satoshi has played as a rational actor so far...except maybe in keeping so many pf the original btc tied up....maybe he could have sold them off back then to distribute but now cannot move them without a panic? I would not panic though it would be cheap coins day!!!!! also 50B is not a huge destruction of the world, its not even part of one days world expenditure. a drop in the ocean. |
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I feel bitcoin could 10 or 20K flash bubble pop
it would sort of go past 10K every one regret selling at 12K when it goes to 17K then goes back to 2K.....
that would be BTC for you.
Back in the day 2013, 5% ~10% a day was normal, 25%~30% was meh ok it cooking now,
So few people care or unerstand about BTC until the market educates them, that is they take a haircut or are QE's to increasingly worthless Fiat.
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I think there will be a flash crash to 300? 400? on some exchange....this happens every so often in BTC
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how do you see storj progress vs progress of MAID ?
and in relation to above generally releasing software that is ready to be released means death to that software.
You have to release something, and make it modular enough for the rest later.
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Bitcoin obviously does have comp, by the reason of the alts that take market share.
This is good though it forces innovation all over
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