Topic: remember that time satoshi Created a p2p e-cash sent directly from one party to (Read 280 times)
July 11, 2019, 03:30:47 AM
Stop looking for Satoshi, stop asking him a question, stop accusing him anything. If you don't like his works, don't use BTC.
July 11, 2019, 03:22:50 AM
I think OP is trying to point out the fact that we are considering the price of bitcoin against USD and we should not be doing that! What OP says is that, we should not be doing that, instaed we should derive the price of a commodity in bitcoin unit only!
Bitcoin has not yet reached that stage. I am an early adopter of bitcoin and way more devoted to it than a lot of people! But bitcoin is not accepted enough when we can actually do that. It has not yet become a global standard! It's just 10 years old only! Give it another 20 years of time, probably we will reach that stage where we will derive the price of any commodity in bitcoin unit only!
No matter how great we understand Satoshi's whitepaper, we don't really have a choice!
Bitcoin has not yet reached that stage. I am an early adopter of bitcoin and way more devoted to it than a lot of people! But bitcoin is not accepted enough when we can actually do that. It has not yet become a global standard! It's just 10 years old only! Give it another 20 years of time, probably we will reach that stage where we will derive the price of any commodity in bitcoin unit only!
No matter how great we understand Satoshi's whitepaper, we don't really have a choice!
I don't think OP means that at all, he's talking more about the fact that most people choose to hand over control of their coins to exchanges.
Well that's at least part of it, combined with the fact that we use exchanges in the first place to buy and sell Bitcoin.
I'm personally pretty pragmatic about it, I don't mind buying coins from exchanges. After all, it's usually less risky than doing P2P trades and you often get far better rates, depending on which exchange you use.
The only thing I really worry about is too much power going to one specific exchange. That's why I tend to use the smaller exchanges which have proven to be secure, Kraken is one of my favourites.
That said, I do also buy goods and services directly with Bitcoin and I do try to find services which don't immediately exchange their BTC to fiat.
July 10, 2019, 10:58:04 PM
I think OP is trying to point out the fact that we are considering the price of bitcoin against USD and we should not be doing that! What OP says is that, we should not be doing that, instaed we should derive the price of a commodity in bitcoin unit only!
Bitcoin has not yet reached that stage. I am an early adopter of bitcoin and way more devoted to it than a lot of people! But bitcoin is not accepted enough when we can actually do that. It has not yet become a global standard! It's just 10 years old only! Give it another 20 years of time, probably we will reach that stage where we will derive the price of any commodity in bitcoin unit only!
No matter how great we understand Satoshi's whitepaper, we don't really have a choice!
Bitcoin has not yet reached that stage. I am an early adopter of bitcoin and way more devoted to it than a lot of people! But bitcoin is not accepted enough when we can actually do that. It has not yet become a global standard! It's just 10 years old only! Give it another 20 years of time, probably we will reach that stage where we will derive the price of any commodity in bitcoin unit only!
No matter how great we understand Satoshi's whitepaper, we don't really have a choice!
Even then, why shouldn't you compare it to other currencies? I don't think Bitcoin was meant to be isolated from the global economy. If an easy and convenient way to determine value exists, there's really no reason for people not to use it. If that goes against your ideology for some reason, well, why should the rest of the world have to conform with your wishes?
I get that it sucks that prices are all people ever talk about, but it's ever-changing, it's exciting (seeing your net worth grow), and literally everyone in the community can relate to it . That doesn't mean they don't care about the underlying technology and/or principles behind it. They're not, and don't have to be mutually exclusive.
July 10, 2019, 06:15:47 PM
Cypherpunks is a tiny community, libertarian views aren't very popular in the world, so how can you expect both mass adoption and people viewing BTC as purely a cypherpunk tool and not an investment asset, especially when the price explodes? And if Bitcoin can't withstand millions of people using however they like, including with intermediaries, then Bitcoin was a failed idea from the start, because it would turn out that all what it takes to defeat Bitcoin is just let it get adopted by regular people. But I think it's not the case, because Bitcoin today is even healthier then before, when there was so much fighting over its future.
July 10, 2019, 02:05:16 PM
P2P is still alive as far as I know, there are people who do transactions everyday using their Bitcoin. So if you look at the early days, price just started around less than $0.01 then slowly gains momentum, skyrocketed to almost $20,000. So people started to see things in different angle, they saw that they can really make money of out this market and this is the main driver.
But it doesn't mean that we can't used Bitcoin for P2P, maybe it's not as we wanted it see being an speculative asset. Adoption is slow, not all merchants are accepting it, but I think we are slowly getting there with LN implementation.
But it doesn't mean that we can't used Bitcoin for P2P, maybe it's not as we wanted it see being an speculative asset. Adoption is slow, not all merchants are accepting it, but I think we are slowly getting there with LN implementation.
July 10, 2019, 11:56:33 AM
I do a lot of P2P transactions, and there's a huge number of people who does
It's normal that we use exchanges to do some trades, or even to change fiat to BTC, we can't stop this right now, it's the evolution of the market, now we have an entire environment of cryptos
It's normal that we use exchanges to do some trades, or even to change fiat to BTC, we can't stop this right now, it's the evolution of the market, now we have an entire environment of cryptos
July 10, 2019, 11:38:35 AM
well when we have something that goes up as big as 2000% in value in one year obviously that attracts the wrong crowd who rush in for that unimaginable amount of profit in such a short period of time. and after a while we end up with a community that is filled with this type of people.
but the good news is that this thanks to bitcoin's volatility and their lack of understanding, they don't stick around for long. as we can see a great number of them are already gone because of 2018 drops.
it is not a bad thing, it is the natural order of things.
but the good news is that this thanks to bitcoin's volatility and their lack of understanding, they don't stick around for long. as we can see a great number of them are already gone because of 2018 drops.
it is not a bad thing, it is the natural order of things.
July 10, 2019, 11:12:18 AM
I'm getting paid in satoshis and i would love if could just buy things directly in BTC, but that is sadly not the reality i live in. But, at least i try to hold as much as possible (which isn't much but...). And if i ever find a stable source of fiat again, i'd would keep buying either bitcoin directly or equipment to mine it.
How do you break the status quo of fiat supremacy, even in the country with the worst fiat? People are stubborn.
How do you break the status quo of fiat supremacy, even in the country with the worst fiat? People are stubborn.
July 10, 2019, 11:03:15 AM
A lot, for sure, still truly appreciates the primary goal of bitcoin and that's for sure. Many, usually newcomers and not those within the early days of bitcoin are always moved by huge gains and profits for themselves. We cannot blame them since they think they have found a pot of gold and a milking cow that is bitcoin, and of course it's normal for them to be excited whenever they feel like they won the lottery by seeing the gains bitcoin made over time.
I still dream of the day wherein 1 bitcoin = 1 bitcoin and no unnecessary fiat pair would be tagged along with bitcoin, but then again we know that this will not come to fruition.
I still dream of the day wherein 1 bitcoin = 1 bitcoin and no unnecessary fiat pair would be tagged along with bitcoin, but then again we know that this will not come to fruition.
July 10, 2019, 08:37:03 AM
Bitcoin is not a currency, its like digital gold which can easily change hands and total active supply of bitcoin can be verified unlike gold deposits so it can be considered as even better than gold. Price of gold is also volatile just like bitcoin because it can be traded. People will buy bitcoin for whatever purpose they have as it is open to everyone and i think there also should be freedom for people to take bitcoin the way they like we cant stop some people calling it another ponzi, bubble etc even when they are the one who are actively trading bitcoin. 
July 10, 2019, 08:23:59 AM
I think OP is trying to point out the fact that we are considering the price of bitcoin against USD and we should not be doing that! What OP says is that, we should not be doing that, instaed we should derive the price of a commodity in bitcoin unit only!
Bitcoin has not yet reached that stage. I am an early adopter of bitcoin and way more devoted to it than a lot of people! But bitcoin is not accepted enough when we can actually do that. It has not yet become a global standard! It's just 10 years old only! Give it another 20 years of time, probably we will reach that stage where we will derive the price of any commodity in bitcoin unit only!
No matter how great we understand Satoshi's whitepaper, we don't really have a choice!
Bitcoin has not yet reached that stage. I am an early adopter of bitcoin and way more devoted to it than a lot of people! But bitcoin is not accepted enough when we can actually do that. It has not yet become a global standard! It's just 10 years old only! Give it another 20 years of time, probably we will reach that stage where we will derive the price of any commodity in bitcoin unit only!
No matter how great we understand Satoshi's whitepaper, we don't really have a choice!
July 10, 2019, 03:45:00 AM
Yah I think .2% of the people get it though and 1% of the people understand bitcoin so the odds are pretty bad for us atm, just sick of loading up twitter and seeing stuff like this every damn day.
https://twitter.com/APompliano/status/1148779712992423938 Bitcoin just broke $13,000 🔥
https://twitter.com/Bayareamade/status/1148817430493331456 we did it $13k #btc tonight I sold. let's see price in morning @EpochTimes @Bitcoin
And new forum post like this
https://bitcointalksearch.org/topic/mark-yusko-bitcoin-can-go-up-to-30000-without-correction-5163635 Mark Yusko: Bitcoin can go up to $ 30,000 without correction
https://bitcointalksearch.org/topic/willy-woo-reclaims-bitcoin-will-surely-strike-1-trillion-market-cap-by-the-sta-5162237 Willy Woo Reclaims “Bitcoin Will Surely Strike $1 Trillion Market Cap by the Sta (Read 257 times)
Honestly it is cringe as fuck.
https://twitter.com/APompliano/status/1148779712992423938 Bitcoin just broke $13,000 🔥
https://twitter.com/Bayareamade/status/1148817430493331456 we did it $13k #btc tonight I sold. let's see price in morning @EpochTimes @Bitcoin
And new forum post like this
https://bitcointalksearch.org/topic/mark-yusko-bitcoin-can-go-up-to-30000-without-correction-5163635 Mark Yusko: Bitcoin can go up to $ 30,000 without correction
https://bitcointalksearch.org/topic/willy-woo-reclaims-bitcoin-will-surely-strike-1-trillion-market-cap-by-the-sta-5162237 Willy Woo Reclaims “Bitcoin Will Surely Strike $1 Trillion Market Cap by the Sta (Read 257 times)
Honestly it is cringe as fuck.
Maybe so, but rational greed is inevitable in the context of exponential price gains. Like it or not, greed is also major driver of Bitcoin adoption. I can tell you from anecdotal experience that some investors drawn in by greed will stick around and develop a real understanding of, and appreciation for, Bitcoin. Just like I did. This isn't an overnight process, though.
July 10, 2019, 01:24:38 AM
And new forum post like this
https://bitcointalksearch.org/topic/mark-yusko-bitcoin-can-go-up-to-30000-without-correction-5163635 Mark Yusko: Bitcoin can go up to $ 30,000 without correction
https://bitcointalksearch.org/topic/willy-woo-reclaims-bitcoin-will-surely-strike-1-trillion-market-cap-by-the-sta-5162237 Willy Woo Reclaims “Bitcoin Will Surely Strike $1 Trillion Market Cap by the Sta (Read 257 times)
https://bitcointalksearch.org/topic/mark-yusko-bitcoin-can-go-up-to-30000-without-correction-5163635 Mark Yusko: Bitcoin can go up to $ 30,000 without correction
https://bitcointalksearch.org/topic/willy-woo-reclaims-bitcoin-will-surely-strike-1-trillion-market-cap-by-the-sta-5162237 Willy Woo Reclaims “Bitcoin Will Surely Strike $1 Trillion Market Cap by the Sta (Read 257 times)
people talking about price and enjoying the profit bitcoin is giving them doesn't have to mean they don't understand bitcoin or accept it as a currency.
for example I am one of those who entered bitcoin when I saw what it offered as a currency that can not be censored or controlled and it works globally without needing any middle man. I remained in it the more I studied bitcoin and learned about its power as a decentralized currency.
with all that said, I still enjoy the profit that bitcoin is giving me and one of the many reasons I am here is the price rise. and that is not in contradiction with anything I said above.
July 10, 2019, 01:17:43 AM
The peer-to-peer concept of bitcoin is still alive.I can send bitcoins to anyone on the planet,who has a bitcoin wallet.The problem is that the focus of the bitcoin community moved away from p2p and went into prices and cryptocurrency exchange platforms.Unfortunately,we can't stop all the greed.
July 10, 2019, 12:40:32 AM
There are still lots of people out there that appreciate the primary goal for which Bitcoin was developed, namely to be a alternative P2P currency, but since 2017 when the price reached a ATH of $18 000+, more and more speculators entered the scene and those people could care less about Satoshi's vision for this technology, they only want to maximize the profit they can get from trading it as a commodity. 
Can you blame people for being pulled in by greed, when a commodity/currency performed like this?
Can you blame people for being pulled in by greed, when a commodity/currency performed like this?
July 10, 2019, 12:33:25 AM
Surely you don't think you're the only one, just check this forum and see P2P trades going on every day. See payments being sent and things being bought every day between people. See on social media people posting addresses and donations and transactions. Sure, some of us still sell btc to the bank through someone else or an exchange, what's wrong with that?
But you are right, people should remember that btc survival is because of us, not because of financial institutions!
But you are right, people should remember that btc survival is because of us, not because of financial institutions!
Yah I think .2% of the people get it though and 1% of the people understand bitcoin so the odds are pretty bad for us atm, just sick of loading up twitter and seeing stuff like this every damn day.
https://twitter.com/APompliano/status/1148779712992423938 Bitcoin just broke $13,000 🔥
https://twitter.com/Bayareamade/status/1148817430493331456 we did it $13k #btc tonight I sold. let's see price in morning @EpochTimes @Bitcoin
And new forum post like this
https://bitcointalksearch.org/topic/mark-yusko-bitcoin-can-go-up-to-30000-without-correction-5163635 Mark Yusko: Bitcoin can go up to $ 30,000 without correction
https://bitcointalksearch.org/topic/willy-woo-reclaims-bitcoin-will-surely-strike-1-trillion-market-cap-by-the-sta-5162237 Willy Woo Reclaims “Bitcoin Will Surely Strike $1 Trillion Market Cap by the Sta (Read 257 times)
Honestly it is cringe as fuck.
July 10, 2019, 12:09:26 AM
Surely you don't think you're the only one, just check this forum and see P2P trades going on every day. See payments being sent and things being bought every day between people. See on social media people posting addresses and donations and transactions. Sure, some of us still sell btc to the bank through someone else or an exchange, what's wrong with that?
But you are right, people should remember that btc survival is because of us, not because of financial institutions!
But you are right, people should remember that btc survival is because of us, not because of financial institutions!
July 10, 2019, 12:01:52 AM
I still don`t think you guys understand even the first sentence. I can tell because all you do is talk about the financial institutions price of it and trade it 3rd party in another financial institution for the financial institution`s $cam. You literally 3x oxymoron the shit.
Is it just me? or am I the only one that is not Oblivious?
Is it just me? or am I the only one that is not Oblivious?
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