ChartBuddy
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Activity: 2170
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 04, 2022, 04:01:20 AM |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Biodom
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Activity: 3738
Merit: 3850
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July 04, 2022, 05:04:04 AM |
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FUN FACT: On this day 10 years ago, #Bitcoin was $15.40.
Bitcoin expansion was similar to Universe inflation: very rapid initially, much slower later. Example: btc "was" about 0.003 when Laslo purchased 2 pizzas for 10000 btc in 2010. From 2010 to 2012 ($15.4) was a 5133X price expansion From 2012 to 2022 (now) was "only" a 1240X expansion in five time longer period (10 years). projecting: ~300X price expansion in 50 years or $5.73mil by 2072. Quite doable. |
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ChartBuddy
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Activity: 2170
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 04, 2022, 05:04:54 AM |
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Biodom
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July 04, 2022, 05:46:11 AM Merited by JayJuanGee (1) |
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This shows that the bear market is caused solely by "institutional size traders": https://u.today/bitcoin-ethereum-and-altcoins-present-signs-of-incoming-price-turnaround-heres-whenwe have 3.3 mil small holders with more than 0.1 btc. Total holdings of 0-1btc wallets is 6% and these holdings kept growing through almost all bear markets (with a small spike and decline in 2017) All we need is to have just 10-15 times more small holders and bitcoin might reach a much higher plateau. 'smart" funds would have to pay through the nose to get some. |
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ChartBuddy
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Activity: 2170
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 04, 2022, 06:03:31 AM |
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DaRude
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Activity: 2778
Merit: 1791
In order to dump coins one must have coins
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July 04, 2022, 06:40:55 AM |
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This shows that the bear market is caused solely by "institutional size traders": https://u.today/bitcoin-ethereum-and-altcoins-present-signs-of-incoming-price-turnaround-heres-whenwe have 3.3 mil small holders with more than 0.1 btc. Total holdings of 0-1btc wallets is 6% and these holdings kept growing through almost all bear markets (with a small spike and decline in 2017) All we need is to have just 10-15 times more small holders and bitcoin might reach a much higher plateau. 'smart" funds would have to pay through the nose to get some. Or all of those small holders need buy the dip to 10-15x their BTC hodlings |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 04, 2022, 07:04:53 AM |
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Hamza2424
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Activity: 966
Merit: 1040
#SWGT CERTIK Audited
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July 04, 2022, 07:07:47 AM |
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 Source: Telegram. Remember maximum people talk about same thing about the bear these days but need to remember Thought process changes as Bear Change into Bull so Good Luck until new BULL with Long Run |
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goldkingcoiner
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Activity: 2030
Merit: 1665
Verified Bitcoin Hodler
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July 04, 2022, 07:25:58 AM |
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are we rich yet?
are we free yet? are we sane? are we bored? |
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ChartBuddy
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Activity: 2170
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 04, 2022, 08:04:53 AM |
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savetherainforest
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July 04, 2022, 08:32:36 AM Merited by JayJuanGee (1) |
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are we rich yet?
are we free yet? are we sane yet? are we bored yet? are we ready yet?  are we there yet?  |
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Hamza2424
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Activity: 966
Merit: 1040
#SWGT CERTIK Audited
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July 04, 2022, 08:54:29 AM Merited by JayJuanGee (1) |
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FUN FACT: On this day 10 years ago, #Bitcoin was $15.40.
Bitcoin expansion was similar to Universe inflation: very rapid initially, much slower later. Example: btc "was" about 0.003 when Laslo purchased 2 pizzas for 10000 btc in 2010. From 2010 to 2012 ($15.4) was a 5133X price expansion From 2012 to 2022 (now) was "only" a 1240X expansion in five time longer period (10 years). projecting: ~300X price expansion in 50 years or $5.73mil by 2072. Quite doable. See What He Thinks, Bitcoin is Pure Great Fools Theory Bill Gates https://youtube.com/shorts/CPK5XPg4Na0?feature=share |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 04, 2022, 09:03:33 AM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 04, 2022, 10:04:54 AM |
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Cryptolove20015
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July 04, 2022, 10:05:30 AM |
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RUSSIA: Central Bank to support legal Bitcoin mining if BTC is sold outside Russia.  Link:https://twitter.com/BTC_Archive/status/1543888780922347521 |
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vapourminer
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Activity: 4326
Merit: 3519
what is this "brake pedal" you speak of?
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July 04, 2022, 10:08:29 AM |
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are we rich yet?
are we free yet? are we sane? do we want to be sane? |
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WatChe
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July 04, 2022, 10:41:27 AM |
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are we rich yet?
are we free yet? are we sane? do we want to be sane? Do we hodl or panic sell ? |
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ChartBuddy
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Activity: 2170
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 04, 2022, 11:03:28 AM |
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cAPSLOCK
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Activity: 3738
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Whimsical Pants
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July 04, 2022, 11:10:54 AM |
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are we rich yet?
are we free yet? are we sane? I thought about it... One out of three aint bad? PS Also, you guys noticing we have really really entered that weird point in a bitcoin cycle where all these weird noobs and unknowns start showing up out of the woodwork? Certainly some are future WO members in good standing. But there are so many... seems like this happens every time. |
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ChartBuddy
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Activity: 2170
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 04, 2022, 12:01:26 PM |
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Poll
