Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 26, 2016, 08:14:14 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 26, 2016, 08:15:29 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3892
Merit: 11133
Self-Custody is a right. Say no to"Non-custodial"
|
|
June 26, 2016, 08:21:16 PM |
|
[edited out]
You are right, I can't deny this But I'm sure we will get to $240B investments poured into the system. I believe that part of the reason that I participate in these kinds of forums is in order to bounce around my own ideas with other bitcoin enthusiasts (and sometimes even the bears, shills and trolls can be helpful to my considering how to protect my investment and my trade positions). Accordingly, I get pointed in the right direction a lot (sometimes directly and sometimes, the information causes me to have an ah ha moment to recognize my own misconceptions). Yeah, so accordingly, if we can avoid it, we do not want to accidentally misread some of the charts and to rely to our own detriment on some misreadings. Who knows how long it is going to take to get to $240 billion, and whether we are going to get there. I certainly hope so, and even with fairly bullish scenarios, it is quite possible that the bitcoin space could arrive at that number in a few years, but it could also take close to 10 years (which would still be bullish, but just a more mild form of bullishness). Also, the bitcoin space remains very interesting, and I am not sure about what all of those numbers mean. The reality of the matter is likely that bitcoin is having economical rippling effects that go much beyond its market cap and much beyond the amount directly invested, so depending upon which numbers you rely upon, I believe that currently more than $30 billion of direct and indirect economic value is not unrealistic. I believe that in recent months there has been pretty decent fees generated through on block chain transactions that have been largely ranging between $80k and $220k per month.. and that is just on chain transaction fees. Here's the seven day average chart: https://blockchain.info/charts/transaction-fees-usd?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=Anyhow, those of us watching the bitcoin space continuously recognize these bullish growth numbers in a variety of the sectors, and mining is one of those areas that simply remains amazing, whether the purchase of mining equipment or the exponential growth in hashing power, and on an ongoing basis, we also witness increasing public and finacial sector interest and ongoing research and developments that boggle the mind and largely exceed any other Crypto.
|
1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 26, 2016, 08:25:37 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 26, 2016, 08:26:09 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 26, 2016, 08:33:09 PM |
|
[edited out]
You are right, I can't deny this But I'm sure we will get to $240B investments poured into the system. I believe that part of the reason that I participate in these kinds of forums is in order to bounce around my own ideas with other bitcoin enthusiasts (and sometimes even the bears, shills and trolls can be helpful to my considering how to protect my investment and my trade positions). Accordingly, I get pointed in the right direction a lot (sometimes directly and sometimes, the information causes me to have an ah ha moment to recognize my own misconceptions). Yeah, so accordingly, if we can avoid it, we do not want to accidentally misread some of the charts and to rely to our own detriment on some misreadings. Who knows how long it is going to take to get to $240 billion, and whether we are going to get there. I certainly hope so, and even with fairly bullish scenarios, it is quite possible that the bitcoin space could arrive at that number in a few years, but it could also take close to 10 years (which would still be bullish, but just a more mild form of bullishness). Also, the bitcoin space remains very interesting, and I am not sure about what all of those numbers mean. The reality of the matter is likely that bitcoin is having economical rippling effects that go much beyond its market cap and much beyond the amount directly invested, so depending upon which numbers you rely upon, I believe that currently more than $30 billion of direct and indirect economic value is not unrealistic. I believe that in recent months there has been pretty decent fees generated through on block chain transactions that have been largely ranging between $80k and $220k per month.. and that is just on chain transaction fees. Here's the seven day average chart: https://blockchain.info/charts/transaction-fees-usd?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=Anyhow, those of us watching the bitcoin space continuously recognize these bullish growth numbers in a variety of the sectors, and mining is one of those areas that simply remains amazing, whether the purchase of mining equipment or the exponential growth in hashing power, and on an ongoing basis, we also witness increasing public and finacial sector interest and ongoing research and developments that boggle the mind and largely exceed any other Crypto. I do agree with you brother that we will always learn from all kind of people whatever on what they are biased. I don't get offended from learning, on the contrary, it corrects me to the right direction. Nearly everyday when I post bullish news, I remind myself and others that we are correct and we are the new wealthy elite Everything precious, deserves waiting for it. Easy come, easy go
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 26, 2016, 08:34:18 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 26, 2016, 08:36:40 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 26, 2016, 08:54:48 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
danijel
Member
Offline
Activity: 83
Merit: 10
|
|
June 27, 2016, 11:26:10 AM |
|
just in case that you mist it 600watt Legendary * Activity: 1204 View Profile Personal Message (Offline) Ignore Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion Today at 07:41:07 AM Reply with quote #314044 ready for an über-bullish article by former bitcoin ignorers? it made my day. those guys "have seen teh light" Cheesy http://seekingalpha.com/article/3984471-brexit-rebirth-bitcoinsome quotes, that make bitcoiners salivate: Quote We have to admit that we didn't take Bitcoin seriously when it first hit the scene. Like many investors, we simply didn't understand it, ... Quote Some speculate BTC could eventually reach $1 million: Quote e are cognizant of that and have allocated our capital to BTC accordingly. Quote ...Bitcoin is likely always to be the front runner and most sought out cryptocurrency in our lifetime comrades, we are winning! Wink
|
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 27, 2016, 04:22:15 PM |
|
just in case that you mist it 600watt Legendary * Activity: 1204 View Profile Personal Message (Offline) Ignore Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion Today at 07:41:07 AM Reply with quote #314044 ready for an über-bullish article by former bitcoin ignorers? it made my day. those guys "have seen teh light" Cheesy http://seekingalpha.com/article/3984471-brexit-rebirth-bitcoinsome quotes, that make bitcoiners salivate: Quote We have to admit that we didn't take Bitcoin seriously when it first hit the scene. Like many investors, we simply didn't understand it, ... Quote Some speculate BTC could eventually reach $1 million: Quote e are cognizant of that and have allocated our capital to BTC accordingly. Quote ...Bitcoin is likely always to be the front runner and most sought out cryptocurrency in our lifetime comrades, we are winning! Wink I'm extremely happy to see you always around, danijel. Always show up, please I will re-post it with a better format brother. ready for an über-bullish article by former bitcoin ignorers? it made my day. those guys "have seen teh light" http://seekingalpha.com/article/3984471-brexit-rebirth-bitcoinsome quotes, that make bitcoiners salivate: We have to admit that we didn't take Bitcoin seriously when it first hit the scene. Like many investors, we simply didn't understand it, ... Some speculate BTC could eventually reach $1 million: e are cognizant of that and have allocated our capital to BTC accordingly. ...Bitcoin is likely always to be the front runner and most sought out cryptocurrency in our lifetime comrades, we are winning!
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
danijel
Member
Offline
Activity: 83
Merit: 10
|
|
June 27, 2016, 04:38:39 PM |
|
dear fakhoury Iam always around ,but you know Ihave to learn a lot. Only few years ago I came in touch with computers and internet,so Iam total digibet haha, but I learn every day a litle bit. sometimes I think that Iam to old ,but hey you are never to old . I try to emprove my English language and I think Iam on a good way. If I see a good article about BTC sure I wil post it here becouse I like to help you a little bit haha. see you my friend
|
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 27, 2016, 06:28:38 PM |
|
dear fakhoury Iam always around ,but you know Ihave to learn a lot. Only few years ago I came in touch with computers and internet,so Iam total digibet haha, but I learn every day a litle bit. sometimes I think that Iam to old ,but hey you are never to old . I try to emprove my English language and I think Iam on a good way. If I see a good article about BTC sure I wil post it here becouse I like to help you a little bit haha. see you my friend Dear Danijel, It always makes me happy to see you around, I don't want you to feel that I'm pushing you, on the contrary, it's just the love to see you around. You are never too old or old, age is only a matter of number. For me, your English is understandable, don't worry Take your time and whenever you feel to show up here, you will always be welcomed See you buddy
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
quake313
|
|
June 27, 2016, 06:43:24 PM |
|
dear fakhoury Iam always around ,but you know Ihave to learn a lot. Only few years ago I came in touch with computers and internet,so Iam total digibet haha, but I learn every day a litle bit. sometimes I think that Iam to old ,but hey you are never to old . I try to emprove my English language and I think Iam on a good way. If I see a good article about BTC sure I wil post it here becouse I like to help you a little bit haha. see you my friend Danijel, your English is better than many I see post here. Keep posting and it should help you further. Practice makes perfect
|
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 27, 2016, 07:17:50 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 27, 2016, 07:26:56 PM |
|
I just spammed 65 of my email contacts with my sixth "This Week in Bitcoin" column. I'm getting good feedback, and one buy order for $100,000! News URL : https://medium.com/twib/this-week-in-bitcoin-june-26-2016-72175b7fb381#.n92tvaqrq
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 27, 2016, 07:54:51 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 27, 2016, 08:07:57 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 27, 2016, 08:10:44 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
Fakhoury (OP)
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
|
|
June 27, 2016, 08:21:06 PM |
|
|
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
|
|
|
|