ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 22, 2015, 06:02:53 PM |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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elite3000
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Activity: 1073
Merit: 1000
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September 22, 2015, 06:14:27 PM |
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Considering volume and order books. Price looks highly manipulated at the moment. Be safe out there traders
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peonminer
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September 22, 2015, 07:00:34 PM |
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Considering volume and order books. Price looks highly manipulated at the moment. Be safe out there traders
Care to elaborate? |
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ChartBuddy
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Activity: 2170
Merit: 1776
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September 22, 2015, 07:03:07 PM |
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ChartBuddy
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Activity: 2170
Merit: 1776
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September 22, 2015, 08:02:45 PM |
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LFC_Bitcoin
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Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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September 22, 2015, 08:08:12 PM |
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Considering volume and order books. Price looks highly manipulated at the moment. Be safe out there traders
Is this a genuine post showing care & affection for the community or a veiled attempt at FUD  |
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Andre#
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September 22, 2015, 08:45:05 PM |
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Nobody here sees the potential of 21 Inc's platform? What Google did for making money with websites (generate revenue with ads), 21 Inc may do for making money with web-services (generate revenue with pay-per-use). I.e. 21 Inc might be the next Google. Guess what that will do for Bitcoin...  |
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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September 22, 2015, 08:49:02 PM |
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Nobody here sees the potential of 21 Inc's platform? What Google did for making money with websites (generate revenue with ads), 21 Inc may do for making money with web-services (generate revenue with pay-per-use). I.e. 21 Inc might be the next Google. Guess what that will do for Bitcoin... the forceshill is strong with this one |
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Meuh6879
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Activity: 1512
Merit: 1011
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September 22, 2015, 08:50:20 PM |
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are we rich yet??  No yet, wait a few years, thanks 2016-07 ... the Halving ... with a big H |
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Fatman3001
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Make Bitcoin glow with ENIAC
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September 22, 2015, 08:57:57 PM |
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Nobody here sees the potential of 21 Inc's platform? What Google did for making money with websites (generate revenue with ads), 21 Inc may do for making money with web-services (generate revenue with pay-per-use). I.e. 21 Inc might be the next Google. Guess what that will do for Bitcoin... I think it would be great if they develop an open source software layer to handle the internet of things, I just don't see the point in the HW bit. |
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ChartBuddy
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Activity: 2170
Merit: 1776
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September 22, 2015, 09:02:41 PM |
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Norway
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September 22, 2015, 09:06:51 PM |
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Nobody here sees the potential of 21 Inc's platform? What Google did for making money with websites (generate revenue with ads), 21 Inc may do for making money with web-services (generate revenue with pay-per-use). I.e. 21 Inc might be the next Google. Guess what that will do for Bitcoin... I don't see the potential. You don't need special chips or computers to do micro payments. As a charity node, a standard Raspberry Pi 2 is cheaper. And the mining part of it is really lame. To me, it just sounds like a clusterfuck of bitcoin buzzwords. Either the VCs have been fooled, or there is a dimension to this that is still a secret. |
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Andre#
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September 22, 2015, 09:09:17 PM |
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Nobody here sees the potential of 21 Inc's platform? What Google did for making money with websites (generate revenue with ads), 21 Inc may do for making money with web-services (generate revenue with pay-per-use). I.e. 21 Inc might be the next Google. Guess what that will do for Bitcoin... I think it would be great if they develop an open source software layer to handle the internet of things, I just don't see the point in the HW bit. The only point of the HW is to make it easy for developers who are not really interested in Bitcoin as such. |
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Norway
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September 22, 2015, 09:14:40 PM |
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Nobody here sees the potential of 21 Inc's platform? What Google did for making money with websites (generate revenue with ads), 21 Inc may do for making money with web-services (generate revenue with pay-per-use). I.e. 21 Inc might be the next Google. Guess what that will do for Bitcoin... I think it would be great if they develop an open source software layer to handle the internet of things, I just don't see the point in the HW bit. The only point of the HW is to make it easy for developers who are not really interested in Bitcoin as such. That is totally wrong. We don't want tiny special computers to develop on. We want an API, protocol or the open source software layer Fatman mentioned. |
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Andre#
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September 22, 2015, 09:19:09 PM |
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Nobody here sees the potential of 21 Inc's platform? What Google did for making money with websites (generate revenue with ads), 21 Inc may do for making money with web-services (generate revenue with pay-per-use). I.e. 21 Inc might be the next Google. Guess what that will do for Bitcoin... I don't see the potential. You don't need special chips or computers to do micro payments. As a charity node, a standard Raspberry Pi 2 is cheaper. And the mining part of it is really lame. To me, it just sounds like a clusterfuck of bitcoin buzzwords. Either the VCs have been fooled, or there is a dimension to this that is still a secret. Indeed, this HW doesn't do anything that isn't already possible. Just like the first webserver didn't do anything that wasn't already possible (publish some text over the Internet -- you could also just download files instead). But it did make it very easy. Google turned website into something that you can make money with on a per-use basis. The revenue model of 21 Inc may turn webservices also into something you can make money with on a per-use basis. It may take some time to convince developers to start creating services using their platform/API, but nothing similar exists, yet. |
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Norway
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September 22, 2015, 09:31:24 PM |
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Nobody here sees the potential of 21 Inc's platform? What Google did for making money with websites (generate revenue with ads), 21 Inc may do for making money with web-services (generate revenue with pay-per-use). I.e. 21 Inc might be the next Google. Guess what that will do for Bitcoin... I don't see the potential. You don't need special chips or computers to do micro payments. As a charity node, a standard Raspberry Pi 2 is cheaper. And the mining part of it is really lame. To me, it just sounds like a clusterfuck of bitcoin buzzwords. Either the VCs have been fooled, or there is a dimension to this that is still a secret. Indeed, this HW doesn't do anything that isn't already possible. Just like the first webserver didn't do anything that wasn't already possible (publish some text over the Internet -- you could also just download files instead). But it did make it very easy. Google turned website into something that you can make money with on a per-use basis. The revenue model of 21 Inc may turn webservices also into something you can make money with on a per-use basis. It may take some time to convince developers to start creating services using their platform/API, but nothing similar exists, yet. A webserver (Apache) is software, not hardware. I made a micro payment solution for web content via sms payments in 2001. Micropayments is not a new revenue model. Bitcoin can make this happen in a big way. ChangeTip is leading the way right now. |
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ChartBuddy
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Activity: 2170
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September 22, 2015, 10:02:35 PM |
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JayJuanGee
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Activity: 3710
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Self-Custody is a right. Say no to"Non-custodial"
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September 22, 2015, 10:04:01 PM |
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Good morning Bitcoinland.
I see we had a little action last night but we seem to be coming back to $230 pretty consistently lately.
Must be driving the daytraders crazy. Long-term holders yawn.
What is actually our (long term hodling cult, inc.) target? 10 000? 100 000?? 1 000 000??? 32K 52 K 520k Goes to prove that there is NO cult... hahahahaha... We are too inconsistent to be in a cult. I would suggest that $10k would be a decent target, at least in the 5-10 year time range, therearfter, maybe $32K to $100K would be reasonable... but more could also be reasonable... when we are talking longer terms, as the question calls for. |
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RenegadeMan
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September 22, 2015, 10:55:55 PM |
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Nobody here sees the potential of 21 Inc's platform? What Google did for making money with websites (generate revenue with ads), 21 Inc may do for making money with web-services (generate revenue with pay-per-use). I.e. 21 Inc might be the next Google. Guess what that will do for Bitcoin... I don't see the potential. You don't need special chips or computers to do micro payments. As a charity node, a standard Raspberry Pi 2 is cheaper. And the mining part of it is really lame. To me, it just sounds like a clusterfuck of bitcoin buzzwords. Either the VCs have been fooled, or there is a dimension to this that is still a secret. Based on the story of 21 Inc so far my guess is your line... To me, it just sounds like a clusterfuck of bitcoin buzzwords. Either the VCs have been fooled....
...is the reality of the situation. I think these guys are riding a bitcoin VC feeding frenzy but lack clear strategy or understanding. If you haven't already heard this podcast from 13th Sep, have a listen to Chris Derose and Joshua Unseth's take on what 21 Inc are doing; I think it's very very funny. Go to time 15:05 in episode #16 of the Counterparty weekly update for a hilarious take on the whole thing. https://letstalkbitcoin.com/blog/post/xcp-weekly-update-16-joel-and-thomas-from-swarm |
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gentlemand
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Activity: 2590
Merit: 3013
Welt Am Draht
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September 22, 2015, 11:01:34 PM |
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21 inc are either geniuses so far ahead of the curve we can't even see it, or goats enjoying splurging a fuck ton of money on convoluted junk. I very much look forward to finding out which they are and hopefully we'll know soon.
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