cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
|
|
October 31, 2014, 05:09:02 AM |
|
Will feel great when investment bankers start pumping.
unless banker think like warren buffet and regard ripple as a blank cheque. (u dont pump on blank cheque right ?) First, I admit to understanding very little of what you said. Second, why not? Buffett: “It’s a mirage basically, it’s a method of transmitting money, it’s a very effective way of transmitting money and you can do it anonymously and all that… a check is a way of transmitting money, too. Are checks worth a whole lot of money?” The more I hear Buffett talk about Bitcoin the more certain I am that Bitcoin will succeed. What happens when rich people start to actually understand Bitcoin, it obviously hasn't happened yet.... holy shit OTOH he is probably buy bitcoins on the down low, like he did with IBM stock.
|
|
|
|
WoopDeBoop
|
|
October 31, 2014, 05:12:19 AM |
|
Exactly. Buffett doesn't need to worry about the new technologies because he's mature and mature-means-old-and-old-means-dead.
Buffet is also full of shit and is a large manipulator player in the commodities market whilst claiming he never gets involved in commodities.
|
|
|
|
mooncake
|
|
October 31, 2014, 05:14:06 AM |
|
Will there only ever be 21 million checks?
Will there be only one cryptocoin? Will there ever be only one internet? This is really an interesting question. What is stopping the creation of Internet 2, Internet 3, and so on? And yes, this question is really answering to the previous question, similar to the other thread on "Answering the question with another question".
|
|
|
|
cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
|
|
October 31, 2014, 05:16:10 AM |
|
Will there only ever be 21 million checks?
Will there be only one cryptocoin? Will there ever be only one internet? This is really an interesting question. What is stopping the creation of Internet 2, Internet 3, and so on? And yes, this question is really answering to the previous question, similar to the other thread on "Answering the question with another question". Actually Bitpay may be creating Internet 2.0
|
|
|
|
AviThour
Newbie
Offline
Activity: 28
Merit: 0
|
|
October 31, 2014, 05:19:06 AM |
|
Bored.
Thats a useless post to get more posts..
|
|
|
|
JorgeStolfi
|
|
October 31, 2014, 05:24:28 AM |
|
Will there only ever be 21 million checks?
Will there be only one cryptocoin? Will there ever be only one internet? Yes there is more than one cryptocoin. I started one today with the exact same code as bitcoin but with one difference, it's called bitcoin2. It has a network difficulty of 1 and is completely useless. OK, let's put it another way: why are you certain that Litecoin will die, and Bitcoin will not? Or Dogecoin, or any other cryptocoin, existing or to be created? Or, said another way: why is Litecoin unsuitable for e-payments, concretely?
|
|
|
|
cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
|
|
October 31, 2014, 05:34:42 AM |
|
Will there only ever be 21 million checks?
Will there be only one cryptocoin? Will there ever be only one internet? Yes there is more than one cryptocoin. I started one today with the exact same code as bitcoin but with one difference, it's called bitcoin2. It has a network difficulty of 1 and is completely useless. OK, let's put it another way: why are you certain that Litecoin will die, and Bitcoin will not? Or Dogecoin, or any other cryptocoin, existing or to be created? Or, said another way: why is Litecoin unsuitable for e-payments, concretely? Do altcoins need to die? Maybe they will find their niche. Maybe Bitcoin will become so big it becomes politically charged and an altcoin becomes it's rival?
|
|
|
|
solex
Legendary
Offline
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
|
|
October 31, 2014, 05:54:53 AM |
|
Will there only ever be 21 million checks?
Will there be only one cryptocoin? Will there ever be only one internet?LOL. Now THAT needs framing.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
October 31, 2014, 06:00:30 AM |
|
|
|
|
|
mooncake
|
|
October 31, 2014, 06:01:54 AM |
|
Will there only ever be 21 million checks?
Will there be only one cryptocoin? Will there ever be only one internet? Yes there is more than one cryptocoin. I started one today with the exact same code as bitcoin but with one difference, it's called bitcoin2. It has a network difficulty of 1 and is completely useless. OK, let's put it another way: why are you certain that Litecoin will die, and Bitcoin will not? Or Dogecoin, or any other cryptocoin, existing or to be created? Or, said another way: why is Litecoin unsuitable for e-payments, concretely? I should clarify myself. It is possible that there were attempts to create Internet 1, Internet 2, and so on. They just did not catch on, and scale to the Internet that we know today. Using the above analogy, there were, are, and will be attempts to create Bitcoin 1, Bitcoin 2 or in general terms, cryptocurrencies. They just did not, have not, and possibly will not catch on, and scale to the Bitcoin that we know today. The next question is: Why is that so? To answer this, try to find out why alternative networks did not catch on, and scale to the Internet that we know today.
|
|
|
|
mooncake
|
|
October 31, 2014, 06:04:07 AM |
|
The Bank of Japan just announced QE. Yet another reason for the existence of Bitcoin.
|
|
|
|
touhonoob
Newbie
Offline
Activity: 42
Merit: 0
|
|
October 31, 2014, 06:20:47 AM |
|
The Bank of Japan just announced QE. Yet another reason for the existence of Bitcoin.
Huge adoption on November in Japan: 1. Kraken Launches in Japan 2. GMO-PG Enables 48000 Merchants Using Bitcoin as Payment Option 3. BitFlyer Rises $236000 4. Rakuten Accepts Bitcoin
|
|
|
|
|
janos666
|
|
October 31, 2014, 06:38:43 AM |
|
Good bids @Bitfinex = ppl want to close shorts ASAP ? Total sum of active swaps 11,784.20 BTC ehh, that´s not so good, it means that all buys(or a lot of them) in fact were actually shorts that have been closed... We had about 18000+ before So, some impatient traders closed their shorts on Bitfinex via rapid market buys rather than slow fishing? I am really mad at them because they triggered my stop order just a few minutes before I could move the stop price lower as I planned. And now I need to figure out my next move instead of simply waiting for a dump party or to get "stopped" by a real rally. I think it could have been better for all of us if this didn't happen the way it did. Aaaw you poor trader losing money. I feel so bad for you guys. It just isn't fair is it? My loss was imaginary. My short was opened earlier. I just planned to close it even lower... So no... I think it was bad because this kind of price pump won't have a lasting effect. So, people get over-exited about a trend reversal again but get a dump in their face. 1: The one whole closed the big shorts could have earned more 2: I could have earned more 3: overall for BTC: this was a fake pump but that short won't be there as a buffer during the next real dump But I say that because I don't think it was an intentional price manipulation. However, it can be the case.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
October 31, 2014, 07:00:31 AM |
|
|
|
|
|
Newar
Legendary
Offline
Activity: 1358
Merit: 1001
https://gliph.me/hUF
|
|
October 31, 2014, 07:01:32 AM |
|
The Bank of Japan just announced QE. Yet another reason for the existence of Bitcoin.
Huge adoption on November in Japan: 1. Kraken Launches in Japan 2. GMO-PG Enables 48000 Merchants Using Bitcoin as Payment Option 3. BitFlyer Rises $236000 4. Rakuten Accepts Bitcoin Silly numbers != huge adoption
|
|
|
|
touhonoob
Newbie
Offline
Activity: 42
Merit: 0
|
|
October 31, 2014, 07:11:02 AM |
|
The Bank of Japan just announced QE. Yet another reason for the existence of Bitcoin.
Huge adoption on November in Japan: 1. Kraken Launches in Japan 2. GMO-PG Enables 48000 Merchants Using Bitcoin as Payment Option 3. BitFlyer Rises $236000 4. Rakuten Accepts Bitcoin Silly numbers != huge adoption There is a virtual currency in Japan already called BitCash since 2002. It's not difficult for Japanese to adopt another one especially in online markets.
|
|
|
|
Newar
Legendary
Offline
Activity: 1358
Merit: 1001
https://gliph.me/hUF
|
|
October 31, 2014, 07:19:36 AM |
|
The Bank of Japan just announced QE. Yet another reason for the existence of Bitcoin.
Huge adoption on November in Japan: 1. Kraken Launches in Japan 2. GMO-PG Enables 48000 Merchants Using Bitcoin as Payment Option 3. BitFlyer Rises $236000 4. Rakuten Accepts Bitcoin Silly numbers != huge adoption There is a virtual currency in Japan already called BitCash since 2002. It's not difficult for Japanese to adopt another one especially in online markets. Ah, I thought we are talking bitcoin. There are many "virtual currencies", "e-money" or whatever you want to call them worldwide. Now, this hasn't helped bitcoin adoption much worldwide so far has it? Neither will it in Japan.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
October 31, 2014, 08:00:33 AM |
|
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
October 31, 2014, 08:22:38 AM |
|
I started one today with the exact same code as bitcoin but with one difference, it's called bitcoin2.
It has a network difficulty of 1 and is completely useless.
Where can I buy some of your bitcoin2s? Will you trade BBQ coins for them?
|
|
|
|
|