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John Abraham
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August 29, 2019, 10:56:55 PM |
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This statement is true if you know how much true his claim of BCH as real BTC. Don't make this news so viral, this is probably his target to get attention from newbie and trapped them into BCH as real BTC. |
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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SuperTA
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August 29, 2019, 11:00:29 PM
Last edit: August 29, 2019, 11:16:07 PM by SuperTA |
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@Hueristic
If you mean Bakkt, they will have physically settled bitcoin futures so it won't have unregulated and manipulative market activity.
I heard before that the futures will bring bitcoin from 20k to $700. Well it didn't. It corrected as always around 80% in the bear markets.
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El duderino_
Legendary
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Activity: 2492
Merit: 11985
BTC + Crossfit, living life.
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August 29, 2019, 11:34:50 PM |
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If bitcoin falls to 5k that would be the first time in bitcoin's history to make a 8 month bull trap and go bearish again.
This time it is different. ™ Why so? Institutional futures for one. Mic = no computer expert  And out in a few minutes, its thursday @the movies day  Thx for reminding me, Stfu JJG! Angel has fallen.... it was better as the previous 2 movies (not a +8 movie but enjoyable) |
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Biodom
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Activity: 3738
Merit: 3843
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August 29, 2019, 11:56:25 PM
Last edit: August 30, 2019, 12:10:25 AM by Biodom |
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Most fiat money is debt, so negative interest rates mean that more money gets borrowed, meaning more debt is created, meaning more money is being printed. Asset inflation continues unabated. Market will lose confidence in the sustainability of money-printing suddenly. https://twitter.com/jimmysong/status/1167203731550670851?s=21Mmmmmm plan BTCSuddenly? I thought so too, then remembered that Japanese are at it since 1989 (for 30 years). I don't wish for that day to come, so this suspended animation might be OK I give the sudden loss of confidence 50:50 chance in the next 10-20 years. |
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El duderino_
Legendary
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Activity: 2492
Merit: 11985
BTC + Crossfit, living life.
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August 30, 2019, 12:01:56 AM |
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Most fiat money is debt, so negative interest rates mean that more money gets borrowed, meaning more debt is created, meaning more money is being printed. Asset inflation continues unabated. Market will lose confidence in the sustainability of money-printing suddenly. https://twitter.com/jimmysong/status/1167203731550670851?s=21Mmmmmm plan BTC |
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JayJuanGee
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Activity: 3696
Merit: 10142
Self-Custody is a right. Say no to"Non-custodial"
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August 30, 2019, 01:24:58 AM |
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[edited out]
That being said..Id be happy to compare strike rates anytime.  What are "strike rates?" Similar to penis sizes? = Lambos and WAGs What are WAGs? [edited out]
That being said..Id be happy to compare strike rates anytime. What are "strike rates?" Similar to penis sizes? Yes Jay..exactly. Hm? You are strutting a decent amount of confidence, even while I have no recollection of my Opsec devolving in that measure of grandeur or lackenings. [edited out]
That being said..Id be happy to compare strike rates anytime. What are "strike rates?" Similar to penis sizes? Lambo horsepowers That's starting to make sense.  |
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Saint-loup
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August 30, 2019, 01:37:38 AM |
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China could launch its cryptocurrencyCBDC as soon as November 11... Speaking under terms of anonymity, the source, who previously worked for the Chinese government, confirmed that the technology behind the cryptocurrency has been ready since last year and that the cryptocurrency could launch as soon as November 11, China’s busiest shopping day, known as Singles Day.
Paul Schulte, who worked as global head of financial strategy for China Construction Bank until 2012, says the largest bank in the world, the Industrial and Commercial Bank of China, the second largest bank in the world, his former employer, the Bank of China, the Agricultural Bank of China; two of China’s largest financial technology companies, Alibaba and Tencent; and Union Pay, an association of Chinese banks, will receive the cryptocurrency.
At the time of launch, the recipient institutions will then be responsible for dispersing the cryptocurrency to 1.3 billion Chinese citizens and others doing business in the renminbi, China’s fiat currency, according to the source.
https://www.forbes.com/sites/michaeldelcastillo/2019/08/27/alibaba-tencent-five-others-to-recieve-first-chinese-government-cryptocurrency/ |
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Biodom
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August 30, 2019, 01:49:47 AM
Last edit: August 30, 2019, 02:54:01 AM by Biodom |
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WAGs=wives and girlfriends, usually of famous personalities, rockstars and/or football players (football that is called soccer in US).
This term is not typical in US, mostly in use in UK and probably Australia.
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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August 30, 2019, 02:17:19 AM |
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Most fiat money is debt, so negative interest rates mean that more money gets borrowed, meaning more debt is created, meaning more money is being printed. Asset inflation continues unabated. Market will lose confidence in the sustainability of money-printing suddenly. https://twitter.com/jimmysong/status/1167203731550670851?s=21I don't like this tweet because it doesn't really address the correct mechanics or ramifications of negative interest rates at all. There's a lot of points you can discuss when talking about negative interest rates and how none of it makes sense or will work from a theoretical or real world perspective, but I think one of the big issues that nobody discusses is that negative interest rates are essentially helicopter money for the rich. Why? Because in negative interest rates you technically get paid to borrow, but here is the kicker...only the people who are already rich are qualified borrowers in the first place for being given vast sums of money for investment potential. What happens then? If rates are just negligibly negative then not a whole lot happens economically besides the price of silver and gold going up. Nobody is going to borrow vast sums of money if they think the interest rate can flip back on them and catapult to 10-20% or something. To get the actual effects wanted by negative interest rates (things like increased money velocity and mass inflation) you would need massively negative rates to lure anyone into taking the arb opportunity, and then it REALLY IS helicopter money for the rich aka 'the most qualified borrower'. Negative rates - and just how low you would need to try and set them to have an effect in this context - are even worse than standard Ben Bernanke helicopter money where the govt just hands people money out of the blue. At least that has an even distribution and works as an actual macro correction mechanism. Helicopter money for the rich while wealth distribution and income inequality are already laughable is totally insane unless your goal is to cause societal collapse and anarchy. |
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jbreher
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lose: unfind ... loose: untight
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August 30, 2019, 02:27:26 AM |
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Does not matter if you are a U.S. Citizen, you always have to pay income tax no matter where you are in the world. You can't change U.S. citizenship? As I posted in reply to you several days ago (albeit with not as much specificity, as I thought all needed was a reminder), you can renounce your US citizenship, but you get taxed for the privilege of doing so. Heavily. |
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JayJuanGee
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Activity: 3696
Merit: 10142
Self-Custody is a right. Say no to"Non-custodial"
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August 30, 2019, 02:34:51 AM |
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WAGs=wives and girlfriends, usually of famous personalities, rockstars and/or football players (football that is called socccer in US).
This term is not typical in US, mostly in use in UK and probably Australia.
Oh. Good implication that HODLers, including yours truly, are gonna be (if not already) famous (presumably through level of rich). |
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jojo69
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Activity: 3150
Merit: 4308
diamond-handed zealot
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August 30, 2019, 02:40:24 AM |
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Does not matter if you are a U.S. Citizen, you always have to pay income tax no matter where you are in the world. You can't change U.S. citizenship? As I posted in reply to you several days ago (albeit with not as much specificity, as I thought all needed was a reminder), you can renounce your US citizenship, but you get taxed for the privilege of doing so. Heavily. They take half as I understand it. Land of the free indeed. |
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d_eddie
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Activity: 2478
Merit: 2895
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August 30, 2019, 03:30:24 AM |
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Not Sunday, I know
But sudden impulse to buy...
It must be the dip.
#haiku
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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August 30, 2019, 03:51:29 AM
Last edit: August 30, 2019, 04:21:31 AM by realr0ach |
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2019 - "Can't use #Bitcoin for payments lol fees are WAY too expensive" 1994 - "Can't use the internet for news lol ISPs are WAY too expensive" How about shut up while we build this shit out https://i.imgur.com/M7rkfyi.pngCrap comparison because ISPs can operate independently from one another, and things like Buttalik Butterin 'sharding' - parallel processing - nullifies the entire security model and purpose of a sequential linked list in the first place. Anything 'blockchain' is inherently high overhead and low performance, which is why people like Fuserleer were forced to get rid of it entirely to try and build his "eMunie" system. But then you just have some fragile steady state system with garbage state recovery only suitable for a centralized payment processor like Paypal that does their own backups. The actual working "shit" with infinite throughput, fungibility, security, and everything else is already "built out". It's called physical metals. Can humans make a better payment system than what nature has already provided? You can make a system for sending around imaginary timestamps or receipts, but somewhere along the line people will demand convertability to an actual resource. The circle is not completed and you're essentially operating the same as any regular fiat without guaranteed convertability because a timestamp is useless to a human. What's the purpose of all the overhead from a blockchain for then if it does absolutely nothing to facilitate convertability? There is none. You have removed no counterparty risk without facilitating a guarantee of convertability. Which is why money is required to be physical commodity resource - there is no question of convertability then. |
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DaRude
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Activity: 2767
Merit: 1786
In order to dump coins one must have coins
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August 30, 2019, 04:39:52 AM
Last edit: August 30, 2019, 04:59:11 AM by DaRude |
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China could launch its cryptocurrencyCBDC as soon as November 11... Speaking under terms of anonymity, the source, who previously worked for the Chinese government, confirmed that the technology behind the cryptocurrency has been ready since last year and that the cryptocurrency could launch as soon as November 11, China’s busiest shopping day, known as Singles Day.
Paul Schulte, who worked as global head of financial strategy for China Construction Bank until 2012, says the largest bank in the world, the Industrial and Commercial Bank of China, the second largest bank in the world, his former employer, the Bank of China, the Agricultural Bank of China; two of China’s largest financial technology companies, Alibaba and Tencent; and Union Pay, an association of Chinese banks, will receive the cryptocurrency.
At the time of launch, the recipient institutions will then be responsible for dispersing the cryptocurrency to 1.3 billion Chinese citizens and others doing business in the renminbi, China’s fiat currency, according to the source.
https://www.forbes.com/sites/michaeldelcastillo/2019/08/27/alibaba-tencent-five-others-to-recieve-first-chinese-government-cryptocurrency/Mu says, the DC/EP is being designed to replace the physical notes and coins in circulation, not the renminbi sitting in bank accounts in a digital form. Oh how Europe would love to get rid of their dirty dirty fiat which is screwing with their negative interest rates So the next stage finally begins! Big players will have to start their own cryptocurrency pretty soon, next will be cryptoRuble, cryptoEuro etc... Small players will have an option of going for BTC or get pwned to libra. Unfortunately by the time they react half of their population will already be holding libras. Next stage would be when cryptoUSD/libra/renminbi/ruble/rupee/euro suddenly devalues and population realizes that they can preserve their buying power by switching to BTC. That's when the war against BTC will really begin. All in due time |
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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August 30, 2019, 04:43:10 AM |
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Oh. Good implication that HODLers, including yours truly, are gonna be (if not already) famous (presumably through level of rich).
Famously insane maybe. Bitcoin is the equivalent of saying "Hey, I have absolutely nothing of value. You too? Okay, let's do business with one another". Bitcoin - the imaginary economy of fools. You have this segregated playpen of people in outer space masterbating vigourously while furiously trading imaginary, valueless widgets back and forth with one another. Then one leaves the insane asylum venturing to town to interact with the real world to try and attain a non-imaginary object of value and farmer Bob says "Are you fucking retarded, mate?" |
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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August 30, 2019, 04:53:24 AM |
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She looks like a dragon  |
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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August 30, 2019, 05:27:43 AM |
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Does not matter if you are a U.S. Citizen, you always have to pay income tax no matter where you are in the world. You can't change U.S. citizenship? As I posted in reply to you several days ago (albeit with not as much specificity, as I thought all needed was a reminder), you can renounce your US citizenship, but you get taxed for the privilege of doing so. Heavily. They take half as I understand it. Land of the free indeed. Foreign Account Tax Compliance Act  |
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