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LiteCoinGuy
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In Satoshi I Trust
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March 10, 2015, 05:41:12 PM |
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wow, impressive news  hardware for the mass-market - finally. |
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Lauda
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Terminated.
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March 10, 2015, 05:45:41 PM |
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Even though the news are excellent (if correct and the money gets properly used), I've been waiting for these companies "aiming" at mainstream BTC.
The adoption is picking up, but not quickly enough.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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ChuckBuck (OP)
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March 10, 2015, 06:05:15 PM |
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Even though the news are excellent (if correct and the money gets properly used), I've been waiting for these companies "aiming" at mainstream BTC.
The adoption is picking up, but not quickly enough.
I understand the frustration in looking at the cash register at your local retail store, and only cash, credit, or Apple Pay is accepted, and Bitcoin is not even a consideration. We all know where we're at right now. That said it's 2015. 6 years in. Google was founded in 1998. Honestly, I didn't really start using Google until like 2003-2004. Google was started in the dorm room of 2 dudes from Stanford. Their first rack servers were home made, no name brand ones they put together:  If they didn't receive seed funding similar to one that 21 just received, Google probably wouldn't still be around. You guys seriously cannot be this jaded. Investing and seed funding ---> Further Development and Marketing for Bitcoin ---> Consumers start hearing and using it I know you guys all want cookies, but you gotta pre heat the oven first... |
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Netnox
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March 10, 2015, 06:48:21 PM |
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$116 million is an impressive number, I think they are the best funded bitcoin start up ever.
Yep it is i think, great news. This could be it guys hold onto your hats. Geez wake up man. It's not a bitcoin start up, they will just use the blockchain idea for their own products, not bitcoin or its network. Wouldn't this blockchain need bitcoin to operate since as far as i know blockchain can't operate without bitcoin or any other crypto. |
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Denker
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March 10, 2015, 06:53:05 PM |
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$116 million is an impressive number, I think they are the best funded bitcoin start up ever.
Yep it is i think, great news. This could be it guys hold onto your hats. Geez wake up man. It's not a bitcoin start up, they will just use the blockchain idea for their own products, not bitcoin or its network. Wouldn't this blockchain need bitcoin to operate since as far as i know blockchain can't operate without bitcoin or any other crypto. Yes you're right. The blockchain, the network and currency can not be separated.This belongs together. By the way... He knew it.  Listen 25:00 to 26:35! https://www.youtube.com/watch?v=9npQ5f74Nr4#t=25m00At 26:20 he said:"Bitcoin protocol being embedded in chips.Chips that can't be modified very easily!" |
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QuestionAuthority
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You lead and I'll watch you walk away.
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March 10, 2015, 06:56:44 PM |
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$116 million is an impressive number, I think they are the best funded bitcoin start up ever.
Yep it is i think, great news. This could be it guys hold onto your hats. Geez wake up man. It's not a bitcoin start up, they will just use the blockchain idea for their own products, not bitcoin or its network. Wouldn't this blockchain need bitcoin to operate since as far as i know blockchain can't operate without bitcoin or any other crypto. Yes you're right. The blockchain, the network and currency can not be separated.This belongs together. By the way... He knew it. Listen 25:00 to 26:35! https://www.youtube.com/watch?v=9npQ5f74Nr4#t=25m00At 26:20 he said:"Bitcoin protocol being embedded in chips.Chips that can't be modified very easily!" What do you do if there's a protocol change, throw your phone away? |
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ChuckBuck (OP)
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March 10, 2015, 07:08:14 PM |
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$116 million is an impressive number, I think they are the best funded bitcoin start up ever.
Yep it is i think, great news. This could be it guys hold onto your hats. Geez wake up man. It's not a bitcoin start up, they will just use the blockchain idea for their own products, not bitcoin or its network. Wouldn't this blockchain need bitcoin to operate since as far as i know blockchain can't operate without bitcoin or any other crypto. Yes you're right. The blockchain, the network and currency can not be separated.This belongs together. By the way... He knew it. Listen 25:00 to 26:35! https://www.youtube.com/watch?v=9npQ5f74Nr4#t=25m00At 26:20 he said:"Bitcoin protocol being embedded in chips.Chips that can't be modified very easily!" What do you do if there's a protocol change, throw your phone away? Keep it. Nothing drastic will happen. I'm assuming you're talking about the Gavin fork in June. Bitcoin's been forked before, everything's going to be just gravy. No need to "Question Authority" all the time...  http://insidebitcoins.com/news/gavin-andresen-optimistic-about-scaling-bitcoin/30652 |
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Guido
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March 10, 2015, 10:31:08 PM |
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BOOM!
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I am Bonkers BTW
Crypto OG
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Digital Artist
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Gleb Gamow
In memoriam
VIP
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March 11, 2015, 01:05:37 AM |
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$116 million is an impressive number, I think they are the best funded bitcoin start up ever.
Yep it is i think, great news. This could be it guys hold onto your hats. Geez wake up man. It's not a bitcoin start up, they will just use the blockchain idea for their own products, not bitcoin or its network. Yea, you're right. They just chose the name "21e6" because it's really catchy!  It's so catchy, I'm goin' to register i21e6.com and 21e6prime.com and i21e6primesquare.com and i21e6primesquarebay.com. and 6e12i.moc to corner the backward countries' markets. |
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Inotanewbie
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March 11, 2015, 01:40:14 AM |
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Excellent news for bitcoin if ever i have heard it, i mean that is a nice cash injection by anyone's standards all the possibility's than can be achieved are staggering. Time to hold and not let go of them coins shorting this year will be dangerous to say the least
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kelsey
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March 11, 2015, 02:52:28 AM |
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No need to "Question Authority" all the time... though you need to question a 'dencentralised' system having 'authority'  |
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QuestionAuthority
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You lead and I'll watch you walk away.
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March 11, 2015, 03:03:43 AM |
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No need to "Question Authority" all the time... though you need to question a 'dencentralised' system having 'authority' Threads like this make me believe people need a central authority to make them feel successful. If there's not some big rich powerful collective guiding the direction they aren't happy. Or maybe they're just greedy fucks looking to cash out at the earliest opportunity and big rich powerful collectives will help them do that faster. |
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Agestorzrxx
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March 11, 2015, 03:16:42 AM |
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This is a great news for bitcoin.
But we still have no idea what the main business of Bitcoin Startup 21.
They are miner vendor before.
Is they still produce asic miners?
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ChuckBuck (OP)
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March 11, 2015, 03:37:17 AM |
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This is a great news for bitcoin.
But we still have no idea what the main business of Bitcoin Startup 21.
They are miner vendor before.
Is they still produce asic miners?
That's the fun part! Speculating on hardware these guys will come up with. Just having these investors behind this funding round is staggering. Like a who's who of tech giants: Additionally, Khosla Ventures and Data Collective have invested in 21, as well as chief executives and founders from various tech companies, including PayPal co-founders Peter Thiel and Max Levchin, eBay Inc. co-founder Jeff Skoll, Dropbox Inc. CEO Drew Houston, Expedia Inc. CEO Dara Khosrowshahi and Zynga Inc. co-founder Mark Pincus. Qualcomm's partnership absolutely makes this deal: Qualcomm’s involvement could spur speculation that 21 has its sights on the so-called “Internet of Things.” That’s the idea that a myriad of smart, Internet-connected appliances will in the future communicate with servers, networks and each other to optimize their operation, maintenance and energy usage without direct human involvement. I'm no chip maker nor involved in that industry, but I'm pretty sure Qualcomm puts their chips in a ton of mobile phones so....  |
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mercistheman
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March 11, 2015, 03:46:40 AM |
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Haters be like... DAMN!
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freedomno1
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Learning the troll avoidance button :)
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March 11, 2015, 03:53:46 AM |
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$116 million is an impressive number, I think they are the best funded bitcoin start up ever.
So far that is, anyways its good for the ecosystem in general How long it takes for them to formulate a product is the question but it might contribute to significant price appreciation in 2016-2017 All the investments now give these incumbents a head start when it really starts to pay off. |
Believing in Bitcoins and it's ability to change the world
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kelsey
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March 11, 2015, 04:07:00 AM
Last edit: March 11, 2015, 04:25:25 AM by kelsey |
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No need to "Question Authority" all the time... though you need to question a 'dencentralised' system having 'authority' Threads like this make me believe people need a central authority to make them feel successful. If there's not some big rich powerful collective guiding the direction they aren't happy. Or maybe they're just greedy fucks looking to cash out at the earliest opportunity and big rich powerful collectives will help them do that faster. the irony in gavin only having to convince 5 people to make the change, thats a hell of alot less people then had to be convinced for the too big to fail banks to be bailed out...........hmmm gotta love 'decentralised' cryptocurrencies...such a great alternative to the centralised banks controlled fiat. |
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Possum577
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March 11, 2015, 04:10:08 AM |
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This is not automatically "great news" as the OP says.
There's a problem when the article doesn't talk about what the business does. There's a bigger problem when the company itself is trying to keep it's purpose and business a secret from the market. There's a lot of money in Silicon Valley, this seems like a "flyer play" don't get too excited unless 21 has a real operation to offer us, transactions in bitcoin of course.
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Sindelar1938
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March 11, 2015, 04:17:44 AM |
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Indeed, the VC $ flowing in is incredible. Very encouraging.
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