d_eddie
Legendary
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Activity: 2492
Merit: 2940
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January 12, 2019, 08:06:30 PM |
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Try "transacting" in gold or silver across the world for a good or service. Tally up all the usury 'middle men' fees for courier services, vault storage fees, customs fees, armored car services, boat, plane, armed guards, whatever. WELL over $1000+ for a single transaction, even way higher depending on the amount of PM $$$ involved. MANY people are profiting off of your transaction and getting rich. And many points along the path to destination where your PMs can go "missing".
Do you even listen to your own deluded bullshit you spew, r0ach?
And what about the spread of PM's.... you buy some gold/silver today and you sell it tomorrow to someone else losing like 20%. And that is in ideal circumstances. WTF?!
I like PM's, they did fill some niche in the recent past, but I don't see them in the future at all or maybe just as a way smaller niche.
if I have a printed code.... with the exact amount of BTC on it then I could transact just as easy as you with your coin in your hand .....
All your replies make lots of sense, gentlemen, and we all know they do. Only, the person you address doesn't, or won't ever admit it. What's the use of engaging him on old matters, with old (and valid, I repeat) arguments? We know what comes after that. Rent-seeking validators, joos, decentralization impossible in principle, more ranting. Blacks. Women. Dogs. Spinach. Ok, not dogs and spinach maybe (yet), but you get my point don't you?
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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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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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January 12, 2019, 08:10:09 PM |
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Bitcoin is a new emerging asset class
Who actually talks like this?
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 12, 2019, 08:20:01 PM |
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I can think of at least one strong reason why satoshi would like to sow doubt about his existence. So in your example of a possible scenario he (Satoshi) would come out and pretend to be a total dick to not be outed properly as a genius? Or perhaps satoshi is a total dick. I mean, why not? As I recall, the initial outing was not uttered by CSW. Yes he did, he told various people 'in confidence' and left clues lying around in the hope they would be picked up. https://www.newyorker.com/business/currency/bizarre-saga-craig-wright-latest-inventor-bitcoinA particularity dickish thing to do. Jbear In your opinion, what are the odds that CSW is Satoshi? I would be interested in you stating in clear terms what probability you consider this to be true? I appreciate that certain things may be unknowable with present knowledge, but that is why we assign probabilities. So please tell us what is your probability that CSW is Satoshi.
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kenzawak
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January 12, 2019, 08:38:37 PM |
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I was going to give you a merit for providing this source, yet when i reviewed the other coins assessed by the source, I see that a very large majority of the other coins listed therein are currently greatly undervalued based on their "utility" criteria. Accordingly, even though there is some interesting described values contained therein, gotta take the whole matter with a considerable grain of salt because my overall consideration is that if you give a lot of weight to sound money, then the utility of bitcoin should become immensely distinguishable from almost all other coins on that they list on that site. Is Monero's value the one that "bothers" you the most ? I heard about the issues with this one. There's a topic on reddit about it : https://www.reddit.com/r/Monero/comments/9m88px/according_to_httpscoinfairvaluecom_monero_is/But yeah, there is an "uncertainty" % for each coin and for Monero it's about 80%. They recently changed that value for some of the coins actually. These are the criterias they use to give what they call a "fair value". https://www.coinfairvalue.com/reference/So yeah, a grain of salt is definitely necessary here.
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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January 12, 2019, 08:47:29 PM |
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So please tell us what is your probability that CSW is Satoshi.
0.00%
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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January 12, 2019, 08:53:58 PM Last edit: January 12, 2019, 09:34:53 PM by Last of the V8s |
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El duderino_
Legendary
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Activity: 2506
Merit: 12091
BTC + Crossfit, living life.
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January 12, 2019, 08:54:38 PM |
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via Imgflip Meme GeneratorDidn’t use the whiskey tasting set yet, but gonna try already one Which one to take @BTCMILIONAIRE ??
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10237
Self-Custody is a right. Say no to"Non-custodial"
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January 12, 2019, 08:57:37 PM |
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I was going to give you a merit for providing this source, yet when i reviewed the other coins assessed by the source, I see that a very large majority of the other coins listed therein are currently greatly undervalued based on their "utility" criteria. Accordingly, even though there is some interesting described values contained therein, gotta take the whole matter with a considerable grain of salt because my overall consideration is that if you give a lot of weight to sound money, then the utility of bitcoin should become immensely distinguishable from almost all other coins on that they list on that site. Is Monero's value the one that "bothers" you the most ? I heard about the issues with this one. There's a topic on reddit about it : https://www.reddit.com/r/Monero/comments/9m88px/according_to_httpscoinfairvaluecom_monero_is/But yeah, there is an "uncertainty" % for each coin and for Monero it's about 80%. They recently changed that value for some of the coins actually. These are the criterias they use to give what they call a "fair value". https://www.coinfairvalue.com/reference/So yeah, a grain of salt is definitely necessary here. I did notice the over valuation given to Monero, but I also noticed that a lot of shitcoins were described as undervalued. In other words, I was not just going by the Monero assessment.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 12, 2019, 08:58:08 PM |
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LFC_Bitcoin
Legendary
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Activity: 3528
Merit: 9556
#1 VIP Crypto Casino
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January 12, 2019, 09:08:27 PM |
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She can be appointed head of my wank bank ]
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rebal15
Jr. Member
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Activity: 527
Merit: 6
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January 12, 2019, 09:12:36 PM |
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lightfoot
Legendary
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Activity: 3108
Merit: 2240
I fix broken miners. And make holes in teeth :-)
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January 12, 2019, 09:15:02 PM |
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She can be appointed head of my wank bank ] Maybe if you could put a gag in her mouth so you wouldn't have to hear her. And a bag on the head so you wouldn't have to see her face. Then maybe.
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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January 12, 2019, 09:16:35 PM |
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Too funny. Trumps wants to appoint Ivanka as head of the World Bank
I think after he gets out of jail Donald is going to elope with her to Novaya Zemlya where they open an American diner serving Russian air force pilots and have as many kids as possible before he dies. Putin will craft a special law allowing them to marry each other as long as they stay above the Arctic Circle.
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xhomerx10
Legendary
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Activity: 3836
Merit: 8053
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January 12, 2019, 09:19:07 PM Merited by BinaryReign (1) |
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+1 (this merit thing is starting to get annoying for WO leechers) send him yours especially you with that pacman avatar why isn't that on a HAT yet ?? It would probably be too small in the patch plus he can't part with his avatar. OK Homer, I capitulate. If you somehow manage a themed hat I will wear it with pride. Tempted to buy some, but I told myself for the first time to be disciplined and stick to a limit order 10% below ATL. Perhaps the sign of the bottom reached, is actually myself. Let's see, happy either way. Pac man proved to be a tough caP, man! Avatar-sized Hope it fits. You sir are an artist, very creatively done. It is almost a shame the avatar is so small, love the trail covering the hat. Thanks! And have my last merits please. donated ONE for bitebits as well Thanks Thanks for the compliment but all the art that will ever appear on the hat is already in the hat; I just have to change the colour of a few pixels to make it appear. I am my own worst critic. I would like to offer an alternative to the Pac caP; I think the trails show up better on this one. Avatar-sized
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BinaryReign
Full Member
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Activity: 150
Merit: 110
BTC HODLer
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January 12, 2019, 09:32:09 PM |
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I am my own worst critic. I would like to offer an alternative to the Pac caP; I think the trails show up better on this one. Avatar-sized I’m a gamer, so seeing this almost gave me hat envy lol Great work as always xhomerx10
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kenzawak
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January 12, 2019, 09:35:09 PM |
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Any chance this could explain the recent drop ? A few days ago a lawyer spread the rumor that the VanEck and SolidX ETF would have to be accepted by default if the shutdown was still effective by Feb. 28 th as it can't be pushed back any further. But another lawyer (Jake Chervinsky, a Washington-based securities lawyer) said the exact opposite right after. https://twitter.com/jchervinsky/status/1081798902737702912
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gwaur
Member
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Activity: 94
Merit: 22
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January 12, 2019, 09:59:12 PM |
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don't give a fuck about ETFs, Bakkt and shit. they're the ones begging to be let into this bitcoin business, and i'd let them squirm for eternity if i was the one deciding to let them in. the truth is, it's the institutions that are going to get a boost on crypto's back, not the other way around. the floodgates have been opened, the wooden horse is already within the walls of Troy, the virus has spread. bitcoin doesn't need them, they're the ones who need it simply to stay relevant.
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bitserve
Legendary
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Activity: 1820
Merit: 1464
Self made HODLER ✓
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January 12, 2019, 10:08:33 PM |
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She can be appointed head of my wank bank ] Thats some acceptable fuck material no matter who she is.
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