Analysis

[molecular]

The whole KimDotCom filesharing service based on BTC micropayments will hopefully drive adoption and price.

at least Dotcom has realized one thing: without solving scaling, there can be no further sizeable adoption.

[1714487993]

1714487993

[1714487993]

1714487993

[ImI]

The purchasing of bitcoins in Venezuela is taking off like crazy, look at the chart in the link below:
http://themerkle.com/venezuela-experiences-a-surge-in-bitcoin-volume/

The whole KimDotCom filesharing service based on BTC micropayments will hopefully drive adoption and price.

I'm hopeful that the future is somewhat brighter than that chart suggests.

What do you guys think about the potential impact of those two things on the price short to mid term?

in bitcoin world a contentious 2MB (or even more) HF is brewing with eventually changing the algo also. that could bring so much PR disaster that all of your points vanish in no time. (sorry for OT)

[brg444]

The purchasing of bitcoins in Venezuela is taking off like crazy, look at the chart in the link below:
http://themerkle.com/venezuela-experiences-a-surge-in-bitcoin-volume/

The whole KimDotCom filesharing service based on BTC micropayments will hopefully drive adoption and price.

I'm hopeful that the future is somewhat brighter than that chart suggests.

What do you guys think about the potential impact of those two things on the price short to mid term?

in bitcoin world a contentious 2MB (or even more) HF is brewing with eventually changing the algo also. that could bring so much PR disaster that all of your points vanish in no time. (sorry for OT)

Yeah right  

And who's leading it, Roger Ver?  

With what miners? 

[ImI]

The purchasing of bitcoins in Venezuela is taking off like crazy, look at the chart in the link below:
http://themerkle.com/venezuela-experiences-a-surge-in-bitcoin-volume/

The whole KimDotCom filesharing service based on BTC micropayments will hopefully drive adoption and price.

I'm hopeful that the future is somewhat brighter than that chart suggests.

What do you guys think about the potential impact of those two things on the price short to mid term?

in bitcoin world a contentious 2MB (or even more) HF is brewing with eventually changing the algo also. that could bring so much PR disaster that all of your points vanish in no time. (sorry for OT)

Yeah right  

And who's leading it, Roger Ver?  

With what miners? 

doesnt matter who is leading it, my cat could lead it. there is such a strong demand for a 2MB-fork that it would get instantly a sizeable marketcap, if you like that or not. and that means PR disaster.

[brg444]

The purchasing of bitcoins in Venezuela is taking off like crazy, look at the chart in the link below:
http://themerkle.com/venezuela-experiences-a-surge-in-bitcoin-volume/

The whole KimDotCom filesharing service based on BTC micropayments will hopefully drive adoption and price.

I'm hopeful that the future is somewhat brighter than that chart suggests.

What do you guys think about the potential impact of those two things on the price short to mid term?

in bitcoin world a contentious 2MB (or even more) HF is brewing with eventually changing the algo also. that could bring so much PR disaster that all of your points vanish in no time. (sorry for OT)

Yeah right  

And who's leading it, Roger Ver?  

With what miners? 

doesnt matter who is leading it, my cat could lead it. there is such a strong demand for a 2MB-fork that it would get instantly a sizeable marketcap, if you like that or not. and that means PR disaster.

Strong demand ? 

[hdbuck]

The purchasing of bitcoins in Venezuela is taking off like crazy, look at the chart in the link below:
http://themerkle.com/venezuela-experiences-a-surge-in-bitcoin-volume/

The whole KimDotCom filesharing service based on BTC micropayments will hopefully drive adoption and price.

I'm hopeful that the future is somewhat brighter than that chart suggests.

What do you guys think about the potential impact of those two things on the price short to mid term?

in bitcoin world a contentious 2MB (or even more) HF is brewing with eventually changing the algo also. that could bring so much PR disaster that all of your points vanish in no time. (sorry for OT)

Yeah right  

And who's leading it, Roger Ver?  

With what miners?  

doesnt matter who is leading it, my cat could lead it. there is such a strong demand for a 2MB-fork that it would get instantly a sizeable marketcap, if you like that or not. and that means PR disaster.

Strong demand ?  

Lel noobs.

The only strong demand is the "dont touch muh bitcoin you goddam motherforkers."

[ImI]

The purchasing of bitcoins in Venezuela is taking off like crazy, look at the chart in the link below:
http://themerkle.com/venezuela-experiences-a-surge-in-bitcoin-volume/

The whole KimDotCom filesharing service based on BTC micropayments will hopefully drive adoption and price.

I'm hopeful that the future is somewhat brighter than that chart suggests.

What do you guys think about the potential impact of those two things on the price short to mid term?

in bitcoin world a contentious 2MB (or even more) HF is brewing with eventually changing the algo also. that could bring so much PR disaster that all of your points vanish in no time. (sorry for OT)

Yeah right  

And who's leading it, Roger Ver?  

With what miners? 

doesnt matter who is leading it, my cat could lead it. there is such a strong demand for a 2MB-fork that it would get instantly a sizeable marketcap, if you like that or not. and that means PR disaster.

Strong demand ? 

LOL! I remember the same mental bullshit from many ETH-folks before the HF happened and ETH Classic got what? 20% marketcap of ETH. Are you living under a rock kid? There IS strong demand for a 2MB HF, if you like it or not! But to see that you would have to let go your silly black/white view on the whole matter. I personally don't care that much about the issue and can live with Lightning etc but to ignore the rift that is inside the community is just retarded.

"Noob" calls the other clown? Came here with the big flush of newbies in late 2013 and calls others "noob". LOL! 

[hdbuck]

*butthurt*



Ps: please stop spamming this thread with your crap. This is analysis, not socialism.

[ImI]

*butthurt*



Ps: please stop spamming this thread with your crap. This is analysis, not socialism.

Just fuck off my dear and go cuddle with your fascist friends from France Nationale.  

[illyiller]

The whole KimDotCom filesharing service based on BTC micropayments will hopefully drive adoption and price.

at least Dotcom has realized one thing: without solving scaling, there can be no further sizeable adoption.

I'm not sure that Dotcom has solved micropayments, though.

Also, not entirely sure that's true. It just depends where the demand is going from, and what kind of demand there is from miners to continue holding. In other words, investors in digital gold aren't concerned a bit about 15 cent fees to get in the next block. I can't imagine who cares about paying 15 cents for a bitcoin transfer confirmed on the blockchain, but there are some crazies out there.

[molecular]

The whole KimDotCom filesharing service based on BTC micropayments will hopefully drive adoption and price.

at least Dotcom has realized one thing: without solving scaling, there can be no further sizeable adoption.

I'm not sure that Dotcom has solved micropayments, though.

Also, not entirely sure that's true. It just depends where the demand is going from, and what kind of demand there is from miners to continue holding. In other words, investors in digital gold aren't concerned a bit about 15 cent fees to get in the next block. I can't imagine who cares about paying 15 cents for a bitcoin transfer confirmed on the blockchain, but there are some crazies out there.

This is not the place for this discussion. I'm sure dotcom has _not_ solved micropayments, at least not without some centralizing component. And bitcoin as the "store of value" and some other coin(s) for transactional purposes just does not make sense. The lowest friction money (with all the other important properties in place) will win and if bitcoin is too expensive (or impossible) to transact, there will be derivatives based upon it with lower friction (including the danger of fractional reserve, which I presume to be the _reason_ for stifling bitcoin on-chain growth) and also competing cryptos with lower friction will threaten it's unique position.

In other words: bitcoins value (also the speculative part) stems from its utitlity as a low-friction censorship-resistant transactional network. If you take that away, the value will follow down.

[thefiniteidea]

I'll be completely honest, on its own, NIRP presents a very valid use case for Bitcoin.

[Chef Ramsay]

I'll be completely honest, on its own, NIRP presents a very valid use case for Bitcoin.

Big time and it's a trending thing worldwide. Now or later, all of those exposed to such garbage have the option to gtfo of the central bankers' box of control once and for all. People need to free their financial situation from the crooks and get with the program here - bitcoin.

[rjclarke2000]

Come on Master, give us the bad news.

From a not so bullish bull.

[Afrikoin]

I'll be completely honest, on its own, NIRP presents a very valid use case for Bitcoin.

Big time and it's a trending thing worldwide. Now or later, all of those exposed to such garbage have the option to gtfo of the central bankers' box of control once and for all. People need to free their financial situation from the crooks and get with the program here - bitcoin.

Yeah. But how long is that? 1,2 3 years?

Time moves fast Bitcoinland. Not so fast for regular folk who still can't wrap their head around BTC. Doesnt help that there is an exchange hacked every fortnight. Its going to take time

[hdbuck]

I'll be completely honest, on its own, NIRP presents a very valid use case for Bitcoin.

Big time and it's a trending thing worldwide. Now or later, all of those exposed to such garbage have the option to gtfo of the central bankers' box of control once and for all. People need to free their financial situation from the crooks and get with the program here - bitcoin.

Yeah. But how long is that? 1,2 3 years?

Time moves fast Bitcoinland. Not so fast for regular folk who still can't wrap their head around BTC. Doesnt help that there is an exchange hacked every fortnight. Its going to take time

btc got plenty of time, not so much for the sand castle them banksters trapped themselves into.

[wpalczynski]

I'll be completely honest, on its own, NIRP presents a very valid use case for Bitcoin.

Big time and it's a trending thing worldwide. Now or later, all of those exposed to such garbage have the option to gtfo of the central bankers' box of control once and for all. People need to free their financial situation from the crooks and get with the program here - bitcoin.

Yeah. But how long is that? 1,2 3 years?

Time moves fast Bitcoinland. Not so fast for regular folk who still can't wrap their head around BTC. Doesnt help that there is an exchange hacked every fortnight. Its going to take time

btc got plenty of time, not so much for the sand castle them banksters trapped themselves into.

The thing with that is that castle has been collapsing since 2008-2010 and look at US stock market...... the people with the sandcastle are the same ones who write the laws, who knows how long this can drag out.

[hdbuck]

I'll be completely honest, on its own, NIRP presents a very valid use case for Bitcoin.

Big time and it's a trending thing worldwide. Now or later, all of those exposed to such garbage have the option to gtfo of the central bankers' box of control once and for all. People need to free their financial situation from the crooks and get with the program here - bitcoin.

Yeah. But how long is that? 1,2 3 years?

Time moves fast Bitcoinland. Not so fast for regular folk who still can't wrap their head around BTC. Doesnt help that there is an exchange hacked every fortnight. Its going to take time

btc got plenty of time, not so much for the sand castle them banksters trapped themselves into.

The thing with that is that castle has been collapsing since 2008-2010 and look at US stock market...... the people with the sandcastle are the same ones who write the laws, who knows how long this can drag out.

Yet this credit ponzi situation is unique in History. It's going to be Biblical, and Bitcoin aint going anywhere.


edit : meanwhile NSA allegedly hacked, 1 million btc auction, pop corn.

http://www.zerohedge.com/news/2016-08-15/mysterious-group-hacks-nsa
http://www.forbes.com/sites/thomasbrewster/2016/08/15/nsa-hacked-shadow-brokers-equation-group-leak/#4b6bc7c977f9
https://www.reddit.com/r/Bitcoin/comments/4xuxy1/nsa_hacked_hackers_asking_for_1_million_btc_to/

!!! Attention Wealthy Elites !!!
 
We have final message for "Wealthy Elites". We know what is wealthy but what is Elites? Elites is making laws protect self and friends, lie and fuck other peoples. Elites is breaking laws, regular peoples go to jail, life ruin, family ruin, but not Elites. Elites is breaking laws, many peoples know Elites guilty, Elites call top friends at law enforcement and government agencies, offer bribes, make promise future handjobs, (but no blowjobs). Elites top friends announce, no law broken, no crime commit. Reporters (not call journalist) make living say write only nice things about Elites, convince dumb cattle, is just politics, everything is awesome, check out our ads and our prostitutes. Then Elites runs for president. Why run for president when already control country like dictatorship? What this have do with fun Cyber Weapons Auction? We want make sure Wealthy Elite recognizes the danger cyber weapons, this message, our auction, poses to their wealth and control. Let us spell out for Elites. Your wealth and control depends on electronic data. You see what "Equation Group" can do. You see what cryptolockers and stuxnet can do. You see free files we give for free. You see attacks on banks and SWIFT in news. Maybe there is Equation Group version of cryptolocker+stuxnet for banks and financial systems? If Equation Group lose control of cyber weapons, who else lose or find cyber weapons? If electronic data go bye bye where leave Wealthy Elites? Maybe with dumb cattle? "Do you feel in charge?" Wealthy Elites, you send bitcoins, you bid in auction, maybe big advantage for you?

http://pastebin.com/NDTU5kJQ

https://blockchain.info/address/19BY2XCgbDe6WtTVbTyzM9eR3LYr6VitWK

[StarenseN]

-

[hdbuck]

Bend it like Rotschild: http://www.zerohedge.com/news/2016-08-16/lord-rothschild-greatest-experiment-monetary-policy-history-world

The six months under review have seen central bankers continuing what is surely the greatest experiment in monetary policy in the history of the world. We are therefore in uncharted waters and it is impossible to predict the unintended consequences of very low interest rates, with some 30% of global government debt at negative yields, combined with quantitative easing on a massive scale.

we have reduced our exposure from 55% to 44%. Our Sterling exposure was significantly reduced over the period to 34%, and currently stands at approximately 25%. We increased gold and precious metals to 8% by the end of June.

Like I said, Biblical.