More and more people will start counting BTC wealth in sats. Do you guys think we'll reach parity with the USD soon? Either way it's great that satoshis are now the measurement and not mbtc. Im from south africa and I saw that a company is running a competition called "Satoshi Millionaire". It's a clever marketing angle but i think some people are going to be disappointed Here https://hodlhard.io/resources-and-reviews/satoshi-millionaire-south-africa/
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Adoption is still low for LN. There are a few early stage directories I have seen but nothing really comprehensive. When adoption increases directories will get better. When UX improves adoption will improve. The average person doesn't want to know how LN works, just be able to take out their phone and pay
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I don't think a specific war will directly help Bitcoin price. But every time there is a war people question government and their leadership. The same with financial crisis. This causes people to think about the way the world works and some of them then go on to discover Bitcoin. So I think all bad global events ultimately indirectly lead to more Bitcoin adoption as people understand there is a better way to govern. At least as far as money i concerned.
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I've been thinking about this more and it has really got me going down the rabbit hole. For years I thought about how to make small DOLLAR payments using Bitcoin. But start valuing Bitcoin more we will see a world of sub-dollar payments emerge. Essentially creating more spending power not just in price increase terms vs USD but in a new found appreciation of money in general. Just a thought
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Thanks for the correction. I totally missed that. It even says 2018 on the LN invoice Still a very cool piece and great piece of marketing for LN.
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$0.000000037? How much it's in Bitcoin? I'm not very familiar with Lightning Network yet, so I didn't knew that's possible to send such tiny payments using it. And it would be interesting to know dimensions of this artwork. It looks so tiny and requires a lot of precision and patience to make it. Probably it's worth at least few hundreds bucks.
A bit larger than a postage stamp!
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Actually, I have seen that use case of this before but not with this one. The cost of cup of coffee suits the payment of LN but with this you're right that this is one good example of the use for LN/micro transactions.
But why is it that art work costs not that much? looking at the picture of the painting, I think it costs more.
It's definitely worth more. And in time will probably become an expensive collectible. It's the fact that it was so cheap that got the publicity. And the publicity is worth a lot more to the artist than the 100s or 1000s he could have got for it. Great marketing!
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Its really good on the feels that theres already some recognition for LN and it do proves out on making transaction as smallest as possible.
This is actually a nice way of advertising in regards how this thing works which would possibly waking up some interest for those people who able to see such artwork. We would see more adoption for sure and its clear that adoption is on the process.
I agree completely! Explaining LN possibilities is a bit ethereal for most people. Real world use case is the best explanation.
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I saw the Black Swan art piece was sold yesterday by Cryptograffiti on LN for $0.000000037. Firstly super cool piece made from a 1 dollar bill. Secondly this is one of the best real world examples of micro payments in Bitcoin I've seen. Highly recommended to check it out blog post about the black swan art piece
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I think esports and blockchain or bitcoin betting is going to explode, just the question is when. The overlap of demographics plus the growth seen in both makes for ann obvious and fruitful partnership down the road. A few have tried but I haven't seen anything that really took advantage of it yet. In terms os casinos et al there are a lot and a lot of review sites. Here's a list from more recently that looks like it actually tried the different brands out https://hodlhard.io/resources-and-reviews/bitcoin-gambling-sites/
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Today, tonight marks exactly 10 years since Satoshi registered on the Bitcointalk forum, this forum!
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INterseted question. I mean the threat's name I like your idea. Good luck for U
Thank you. We wanted to get across the idea as simply as possible. Do you like the old man?
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I like the concept and I think this project will have a big future . I'll support as far as possible Thanks very much! You can also earn from referrals. Create an account (email and password only) and you'll get a unique link. You get 5% from anyone that contributes. Simple. https://ico.coinjanitor.io
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I just got back from the iCoin Summit in cyprus where we took part in a live ICO battle! This is the first time I did something like this and I will try post the video. We didn't win but we placed #5 out of 74 ICOs! Top 10% is a great result, especially for a project that is unique.
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I don't know if you noticed the video earlier, I was on that group when it had 10 members I know more people in America that want to buy !
Thank you! Yes the US restriction is irritating but necessary. BUT and it's a big but as a US citizen you can still use the referral link and earn tokens without kyc. Register on the site, grab your unique link and spread. You get 5% of whatever people contribute.
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Thanks for adding us! I sent you a pm
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Big shoutout for CoinJanitor in Bitcoin Garden Forum Newsletter (Issue #22, May 02) COIN JANITOR: Let's clean up cryptocurrency and restore lost value to the crypto economy! The idea is a bit crazy but pretty unique, and completely makes sense. CoinJanitor is a community-driven project that aims to unlock value trapped in failed coins. With more than 4,500 cryptocurrencies in circulation, and only about 1,500 available on major exchanges, there are thousands of coins that are holding value up in a way that cannot be transferred into the markets. Furthermore, many of these projects have failed to achieve their goals or have failed to achieve the network effect they needed to thrive. CoinJanitor will offer users, creators and community members who have trapped value in those projects, a way to transfer their value out of those blockchains. For those interested in the project, there's also an interesting bounty campaign you may want to check. You can read all details in the official thread... If you're not subscribed, you can read it in the archives: https://bitcoingarden.org/forum/index.php?topic=35915.0Thumbs up for this project. I love it. Thanks S3cco, I appreciate all the support! And for anyone in Garden we have an ANN thread there too.
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the CoinJanitor project is interesting and has good planning. Ico has been opened, hopefully in its development will be many investors who are interested and support your project to success.
Thanks for the support! Right now it's about spreading the word and getting people to be part of the community.
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