2) They are recommending normies to invest in it (albeit only 1%)
Nothing wrong with recommending 1%. No need to go full retard. My initial coins were probably < 1% back in the day. The % increases over time of course. If I had invested 1% of my FIAT in the bank at the moment I bought my first Bitcoin (at 50€) I would be "rich" by now. Unfortunately it was only 100€ (via paypal) what I spent because I couldn't find anyone in localbitcoins to sell me 3000€ (50+ BTC) in cash IN PERSON. Oh well, so many things I could have done differently. Luck is a major part of everything in life. And we can consider lucky in this Bitcoin thing, even if some more than others. Such is life. |
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They keep updating their "prediction" every week AFTER THE FACTS.... I can do that too. Goldman Sucks. Yeah, they're still a bunch of talking buffoon parrot heads sitting atop mt. stupid, but notice some MEGA changes from just a year ago: 1) They are not scoffing/laughing at bitcoin anymore! (actually now saying "Bitcoin is here to stay") 2) They are recommending normies to invest in it (albeit only 1%) HUGE sea change. Except for that idiot dinosaur Dennis Gartman. Not only does he not understand crypto, he's a straight up central banker ass kisser. I believe he's even done consulting work for the Federal Reserve Bank. Yup, the change is quite obvious. Also, the price is very indicative of that change. And this time it is not a single exchange that goes full retard for a couple months (mt gox). There are tens of exchanges, way lot more infrastructure, etc etc.... So the price is as real as it can be in a high risk investment. |
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They keep updating their "prediction" every week AFTER THE FACTS.... I can do that too. Goldman Sucks. |
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Here we go again!
I still haven't seen a major short squeeze... maybe this time?
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Hey genius, do you think it will keep crashing up to $5K or are we done yet?
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Only 6.78% rise for the past 24 hours.
C'on Bitcoin you can do it way better!
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Big sell wall from spofy at finex.
I don't think it's spoofy. It's more probable it is some big shorter that is near liquidation. |
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Interesting fun fact about BRK/A stock.
Back in mid '88 BRK/A stock was about the same price as bitcoin is now per share. It only took 4 more years for BRK/A to break $10k. When it did, it flew to $17,250 within a year after that.
It is a very interesting fact, more so considering that $10K was some serious amount of money back then. |
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Ok guys, with Bitcoin reaching new amazing heights this is where I go insisting again in that everyone of you that didn't already have a hardware wallet buy one. It's only like.. uhhh... 0.02 or 0.03 BTC. And it will be the best purchase you ever made with your BTC.
Buy it, try it, use it. You won't regret it.
P.S.: I am in no way affiliated with any of the hardware wallet companies, I even paid for mines.
Also, instructions on what happens in case of your death, at least you family should benefit. Split passwords/PIN numbers & a copy of your hardware wallet between trustworthy relatives, that way if they get burgled, the thieves won't have enough info. YUp, good advice. Also, for vast Bitcoin fortunes, I would suggest splitting it over several different hardware wallets the same as people used to do with paper wallets. Not that it is really needed but, what the heck, those hardware wallets are cheap nowadays in comparison to Bitcoin price. |
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Ok guys, with Bitcoin reaching new amazing heights this is where I go insisting again in that everyone of you that didn't already have a hardware wallet buy one. It's only like.. uhhh... 0.02 or 0.03 BTC. And it will be the best purchase you ever made with your BTC.
Buy it, try it, use it. You won't regret it.
P.S.: I am in no way affiliated with any of the hardware wallet companies, I even paid for mines.
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Wow, wow, wow... nothing like waking up all groggy on a Monday morning, turning on the computer and seeing that bitcoin has gone up in price ~$300 from what is was when you went to bed. @.@ Surely, I must still be asleep and dreaming. If not, I am sooo wide awake now.
$5k by the end of the week?
If it only gained like a 2% daily until the end of the week, yes. But... will it? |
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Holy Batman!  They are making a bold claim there..... 0_o I like it. I am waiting the day in which Bitcoin ventures start advertising on national TV big time. |
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BIP 141 (Segregated Witness) activation is scheduled to take place in: 1325 Blocks (9.2 days)
Oh, and after many months, Bitcoin market share is over 50% again: 50.9%.
Go Bitcoin, go!
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I am too tired too keep arguing about scaling. I am just (VERY) happy with inminent Segwit activation and the market response. That's all it counts for me.
On other news, OKCOIN whales are slightly increasing their (long) positions again.
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Not even Segwit solves the exponential blockchain increase, but it does make it happen via Lighting Network. Yes, we fucking need L2. It's not if we like, don't like, prefer, not prefer, whatever.... IT IS A FUCKING NECESSITY.
What is this L2 that we supposedly need, now? Does it relate to scaling supposedly? Doesn't seem like we need shit when it comes to scaling because we already have something that is in the works...and gotta see how it (namely segwit et al) plays out, no? Why we speculating about some abstract thing that we supposedly need when segwit has not even gone active yet? Seems like these big blocker nutjob arguments are never going to go away, even when they got their own fucking fork and they still want to propose unnecessary changes to bitcoin regular - because nobody wants their bullshit and non-necessary non-segwit "upgrades" L2 is Second Layer, LN. We need it because otherwise we are not really "scaling". Segwit would be a linear increase of 4x in the best ideal circumstances. probably much less depending on adoption and usage. Now? It is ok.... But at current growth we need to start implementing real scaling solutions that give orders of magnitude more capacity... not a mere 2x or 4x.... that's nothing. Also... And I hope you will open your mind and realise what I mean... even if we don't RIGHT NOW need that unlimited capacity, the fact that Bitcoin is READY for it would be a huge message to the market. And we all like HUGE price rises, don't we? Anyway, you are right. The moment now is to enjoy the Segwit activation. That's an amazing milestone for Bitcoin. |
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Only need a special request by the node (that it rebuild) to emit raw transactions & signatures from a source : and then the request can build Segwit block from Raw channel.
Request somes more bandwidth and time ... but nodes have time & bandwidth.
Benefices will be EPIC, too ... (3,5Mb Block = 1Mb Segwit).
From 140Gb to 40Gb.
If I understand what you are saying, that would injtroduce additional latencies, complexity of code, etc etc..... There are many possible "solutions", but I am convinced the best one is to have an L2 which process most of the tx's. People that talks about blocksize increase are not ambitious enough. For Bitcoin to truly sucess we are talking about several orders of magnitude more tx's than now. There is no fucking way all that can be stored in a single blockchain. L2 is the only way. That said, I want to have enough blocksize space to move my whole (or significant fractions) Bitcoins directly on the blockchain. For most of the payments I am ok with L2. |
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Segwit rebuild the local blockchain ... after somes tweaks by the developpers.
Simple.
Are you talking about pruning or what? |
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This is not the future.
This is the present.
And HOW MANY of those will you need to add each year when tx's are 100-1000x what are now? |
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And right there is the problem: You are using an obsoleted reference. Find a graph that reflects how hard drive capacity growed from 2010 to 2017. You will be amazed of the trend change. Why? Because with current technology we have bumped into a wall that makes it very hard to increase capacity per surface unit. Interesting, I'll find out about that. Meanwhile, what do you think of this? http://wikibon.org/w/images/b/be/ProjectionCapacityDiskNANDManagementSummary.pngYes, SSD's as a "new" technology might be a future solution for increased capacity. But, we will talk about this again when the projection fullfills and the cost per TB reduces, ok? |
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And right there is the problem: You are using an obsoleted reference. Find a graph that reflects how hard drive capacity growed from 2010 to 2017. You will be amazed of the trend change. Why? Because with current technology we have bumped into a wall that makes it very hard to increase capacity per surface unit. |
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