Bitcoin Forum
November 18, 2017, 12:52:21 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

Pages: « 1 ... 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 [495] 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 ... 1558 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 2008902 times)
NewLiberty
Legendary
*
Offline Offline

Activity: 1162


Gresham's Lawyer


View Profile WWW
July 26, 2014, 09:46:30 PM
 #9881

Obama is a joke:

If Nero fiddled while Rome burned, then Obama is dining out, golfing, and raising money while the world collapses.

http://www.telegraph.co.uk/news/worldnews/barackobama/10992654/Barack-Obama-has-already-checked-out-of-his-job.html

Haha, granted, Obama isn't perfect. But do you really think that he is such a bad president or neglecting everything, rather than that newspapers write dramatic stuff just to sell more copies?

Good point. If only they all would "do nothing" and leave us alone. Smiley


Hahah, yes. Funny: If you ask people whether they like 'Obama Care' they deny it and when you then explain the 'Affordable Care Act' they are all in favor and say it's a good thing. The look on their faces is priceless when you then proceed to tell them it's the same very thing! HAhaha!

Placing governments in charge of when people die always struck me as a bit ironic, considering they are also responsible for paying out the survivor benefits via social security.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 26, 2014, 09:50:50 PM
 #9882


so many good things in there:

"But, any such regulation, especially at the state level, must be narrow, targeted, apply intrastate only, extend only as far as the current financial system extends, and not unduly burden free speech (which includes the right to anonymous or pseudonymous speech)."
zeetubes
Sr. Member
****
Offline Offline

Activity: 371


View Profile
July 27, 2014, 12:51:40 AM
 #9883


so many good things in there:

"But, any such regulation, especially at the state level, must be narrow, targeted, apply intrastate only, extend only as far as the current financial system extends, and not unduly burden free speech (which includes the right to anonymous or pseudonymous speech)."

That was excellent. Just one obvious typo that he may want to correct but I'm sure someone has pointed it out to him.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 27, 2014, 12:58:00 AM
 #9884


so many good things in there:

"But, any such regulation, especially at the state level, must be narrow, targeted, apply intrastate only, extend only as far as the current financial system extends, and not unduly burden free speech (which includes the right to anonymous or pseudonymous speech)."

That was excellent. Just one obvious typo that he may want to correct but I'm sure someone has pointed it out to him.

a few actually.  minor but still annoying for a lawyer.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 27, 2014, 01:14:23 AM
 #9885

weak sub 600 selling turns to buying...
molecular
Donator
Legendary
*
Offline Offline

Activity: 2408



View Profile
July 27, 2014, 06:04:03 AM
 #9886

Passed btc to another finance guys iPhone last night at a dinner table of 8. Even the wives got quiet when I did this for the men. Made a big impression and the skepticism is decreasing significantly amongst these people.

I also made the point that because I was using my vpn to connect with Sweden, that the btc were traveling 11000 mi before landing in his phone. It took 10 s. I only sent him 60c worth but emphasized there is no other payment services that could do that. His words were "that's amazing". So happy that Apple opened back up.

They call me Mr. Bitcoin Smiley

I could've sworn cypherdoc said exactly that a couple days ago, but I can't find the post.

what up?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
tabnloz
Legendary
*
Offline Offline

Activity: 962


View Profile
July 27, 2014, 06:25:58 AM
 #9887

Passed btc to another finance guys iPhone last night at a dinner table of 8. Even the wives got quiet when I did this for the men. Made a big impression and the skepticism is decreasing significantly amongst these people.

I also made the point that because I was using my vpn to connect with Sweden, that the btc were traveling 11000 mi before landing in his phone. It took 10 s. I only sent him 60c worth but emphasized there is no other payment services that could do that. His words were "that's amazing". So happy that Apple opened back up.

They call me Mr. Bitcoin Smiley

I could've sworn cypherdoc said exactly that a couple days ago, but I can't find the post.

what up?

No idea why, but this joker just reposts other peoples comments, often randomly.
Bagatell
Hero Member
*****
Offline Offline

Activity: 722



View Profile
July 27, 2014, 06:28:26 AM
 #9888

Passed btc to another finance guys iPhone last night at a dinner table of 8. Even the wives got quiet when I did this for the men. Made a big impression and the skepticism is decreasing significantly amongst these people.

I also made the point that because I was using my vpn to connect with Sweden, that the btc were traveling 11000 mi before landing in his phone. It took 10 s. I only sent him 60c worth but emphasized there is no other payment services that could do that. His words were "that's amazing". So happy that Apple opened back up.

They call me Mr. Bitcoin Smiley

I could've sworn cypherdoc said exactly that a couple days ago, but I can't find the post.

what up?

See also https://bitcointalk.org/index.php?action=post;quote=8041556;topic=316297.560;num_replies=562;sesc=3a418417901454c555f07e239035491d
smoothie
Legendary
*
Offline Offline

Activity: 2072


LEALANA Monero Physical Silver Coins


View Profile
July 27, 2014, 06:57:03 AM
 #9889

Bitcoin dwarfs alts:



Currently yes it does given it has had much longer time in the crypto space than even Litecoin.

Perhaps a more fair scale is to compare the marketcap of Litecoin (or other alts) at the same age (months, days, years) as Bitcoin and see how they stand up against one another.

Not long ago Litecoin was at ~$1,000,000,000 and Bitcoin was at $12,000,000,000 market cap respectively.

In comparisons sometimes it is a good idea to compare them in a fair manner. This comparison is like comparing where Bill Gates' net worth is compared to a 18 year old bitcoin millionaire. The scale and measuring stick is obviously biased and uneven in comparison.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
Zarathustra
Legendary
*
Offline Offline

Activity: 1022



View Profile
July 27, 2014, 08:10:08 AM
 #9890

Bitcoin dwarfs alts:



Currently yes it does given it has had much longer time in the crypto space than even Litecoin.

Perhaps a more fair scale is to compare the marketcap of Litecoin (or other alts) at the same age (months, days, years) as Bitcoin and see how they stand up against one another.

Not long ago Litecoin was at ~$1,000,000,000 and Bitcoin was at $12,000,000,000 market cap respectively.

Yes, Bitcoin was 12 x Litecoin then. Now 30x.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 27, 2014, 10:52:31 PM
 #9891

“The people that have the bitcoin are the ones that can drive the price up, or drive it down, depending on what ups. Whereas gold, the people that have the gold are really at the mercy of politicians, financial institutions, London fixes that we really know nothing about. People that have gold really have no control over the direction that goes.”

Why Timothy Coles is Selling His $2 Million Gold Mine for Bitcoin

http://www.coindesk.com/timothy-coles-2-million-gold-mine-bitcoin/
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 28, 2014, 03:28:50 AM
 #9892

ghash down to 30%

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 28, 2014, 04:28:06 AM
 #9893

Irdial always good.

http://t.co/DTmEybxGzU
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 28, 2014, 05:09:02 AM
 #9894

more from Irdial. take heart:

http://irdial.com/blogdial/?m=201404
Zarathustra
Legendary
*
Offline Offline

Activity: 1022



View Profile
July 28, 2014, 10:00:09 AM
 #9895

Every week we can see an increase in adoption in the business world, but the transactions are on the same level as one year ago.

https://blockchain.info/de/charts/n-transactions

How is this possible?
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 2436



View Profile
July 28, 2014, 10:14:53 AM
 #9896

Every week we can see an increase in adoption in the business world, but the transactions are on the same level as one year ago.

https://blockchain.info/de/charts/n-transactions

How is this possible?

Off chain activity is increasing whereby only settlement and clearing functions are done in the blockchain ... think Coinbase, how many actual TX do they do on the chain and how many internally?

Zarathustra
Legendary
*
Offline Offline

Activity: 1022



View Profile
July 28, 2014, 12:25:25 PM
 #9897

Every week we can see an increase in adoption in the business world, but the transactions are on the same level as one year ago.

https://blockchain.info/de/charts/n-transactions

How is this possible?

Off chain activity is increasing whereby only settlement and clearing functions are done in the blockchain ... think Coinbase, how many actual TX do they do on the chain and how many internally?

Okay. Also interesting: Half of all transactions are 'my-wallet' transactions at blockchain.info

https://blockchain.info/de/charts/my-wallet-n-tx
bucktotal
Full Member
***
Offline Offline

Activity: 230


View Profile
July 28, 2014, 12:46:27 PM
 #9898

Every week we can see an increase in adoption in the business world, but the transactions are on the same level as one year ago.

https://blockchain.info/de/charts/n-transactions

How is this possible?

Off chain activity is increasing whereby only settlement and clearing functions are done in the blockchain ... think Coinbase, how many actual TX do they do on the chain and how many internally?

Okay. Also interesting: Half of all transactions are 'my-wallet' transactions at blockchain.info

https://blockchain.info/de/charts/my-wallet-n-tx


i agree with moa's point, and also add some things:

- there have been several other time periods of flat or negative growth in tx stats, especially after bubble peaks. for ex, july 2011-july 2012 shows a clear reduction in tx's/day. it could be cyclical, it could be noise.

- number of unique addresses used still growing....
https://blockchain.info/charts/n-unique-addresses?timespan=2year&showDataPoints=false&daysAverageString=7&show_header=true&scale=1
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 28, 2014, 01:49:29 PM
 #9899

the only thing that can stop Bitcoin is a break in the protocol.  a fixed supply will always be in it's favor otherwise.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 28, 2014, 03:51:27 PM
 #9900

First time i've listened to this.  Stripe is looking at the same endgame i've been advocating since the beginning.  

he's essentially saying that Bitcoin will act as a world reserve currency at the lower layer that can uniquely extend across borders to accomplish settlement btwn nations.  the in country "gateways", as he calls them, will allow the interface btwn Bitcoin and fiat currency.  customers of those gateways will continue to transact in fiat and trusted entities will arise to help guarantee customer tx's.  in other words, pretty much the same system we have today except with a trustless immutable protocol layer that ties everything together, ie, a Bitcoin Standard.  have a listen:

http://www.youtube.com/watch?v=6qZwl7mukZ8
Pages: « 1 ... 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 [495] 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 ... 1558 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!