https://twitter.com/coinbase/status/966002538326638592
_________________________________
Edit: and there is more ...
https://medium.com/bitfinex/bitfinex-adopts-segwit-8e6c5d72fcf9
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14492. (Read 26608359 times)
February 20, 2018, 01:34:25 PM
https://twitter.com/coinbase/status/966002538326638592
_________________________________
Edit: and there is more ...
https://medium.com/bitfinex/bitfinex-adopts-segwit-8e6c5d72fcf9
February 20, 2018, 01:31:43 PM
The annoying part about Jbreher is he knows Lightning Network is useless for mainstream adoption and would just morph into a centralized hub and spoke model replica of the current banking system, while on-chain scaling is also useless. Instead of just admitting the whole thing is a designed to centralize, unworkable scam, he just chooses unworkable option B instead of A.
Bitcoin is a currency, not money (settlement system), thus it's value has to be derived from ability to faciliate mass commerce (transaction flow, not stock). The value of metals can be huge even with low transaction flow because it's the best settlement system around (money) and can derive value solely from stock if it wants to (but can also simultaneously be used as currency as well). Bitcoin cannot do this. Hell, if it's transaction flow goes low, the thing is even designed to die.
Bitcoin was designed in a poor manner where it's obviously just a currency (hence why it's called cryptocurrency), but it's low scalability prevents it from performing that task whatsoever. So people started to make believe it has to have some type of purpose and can't be completely useless, so that purpose has to be a settlement system because it's unable to do anything else. The problem there is it has built-in middlemen and doesn't remove counterparty risk, while having more black swans that can destroy it than you can count, so it's completely useless and inferior to the billions of years old settlement system (money) that already exists - gold and silver.
It's 100% impossible for bitcoin to compete with metals as a settlement system (aka base of Exter's Pyramid). Just give up because it has no fundamentals to do so.
Bitcoin is a currency, not money (settlement system), thus it's value has to be derived from ability to faciliate mass commerce (transaction flow, not stock). The value of metals can be huge even with low transaction flow because it's the best settlement system around (money) and can derive value solely from stock if it wants to (but can also simultaneously be used as currency as well). Bitcoin cannot do this. Hell, if it's transaction flow goes low, the thing is even designed to die.
Bitcoin was designed in a poor manner where it's obviously just a currency (hence why it's called cryptocurrency), but it's low scalability prevents it from performing that task whatsoever. So people started to make believe it has to have some type of purpose and can't be completely useless, so that purpose has to be a settlement system because it's unable to do anything else. The problem there is it has built-in middlemen and doesn't remove counterparty risk, while having more black swans that can destroy it than you can count, so it's completely useless and inferior to the billions of years old settlement system (money) that already exists - gold and silver.
It's 100% impossible for bitcoin to compete with metals as a settlement system (aka base of Exter's Pyramid). Just give up because it has no fundamentals to do so.
February 20, 2018, 01:23:50 PM
lol 
~ 750 BTC buywall at 11,7k at bitstamp ...
~ 750 BTC buywall at 11,7k at bitstamp ...
February 20, 2018, 01:17:29 PM
Extrapolating the bitcoin chart from the past years hasn't worked very well since 2013. You cant assume there is going to be a breakout every 2 months or 9 months or whatever.
WTF...where you been? I am detecting a slide back towards bearism...get a grip!
Question for some of you living in the U.S. who have cashed out recently....what exchange do you recommend?
GDAX/Coinbase has been good for me. Very quick, no-hassle withdrawals of what some would consider eye-popping numbers.
It makes me uncomfortable when you agree with me...just sayin.
Not so quickly, honey badger, not too quick. Take a short nap, will you?
I dont think he/she is listening to anyone this week.
February 20, 2018, 01:16:41 PM
Yet another deadly day for Alts while bitcoin continues its rise. Man, I never though bitcoin will still be this dominant on alts even in 2018. SegWit is definitely getting bitcoin more confident buyers now.
February 20, 2018, 01:08:38 PM
The average guy from the street has no idea what Bitcoin is, period. Again, I fail to see the point. If you're gonna get involved in crypto without doing your due diligence, you're gonna have a bad time. No matter what particular coin.
And yet the WHOLE point, nay the very existence of BCash, was to supposedly to appeal to "the average guy on the street." Like the 2B+ unbanked in the world today with no education. Remember?
Can you possibly be any more fkn hypocritical, or have any more ridiculous fallacies going on, wrt BCash?
Are you trying to tell me the situation is any different in regards to Bitcoin Segwit? That its whole point is supposedly to appeal to "the average guy on the street"? Indeed the potential lower fees should indeed be one factor to cause Bitcoin Cash to appeal to the average guy on the street over Bitcoin Segwit _once_he_become_aware_of_its_existence_. I see no hypocrisy here. I do see cognitive dissonance in your retort, however.
February 20, 2018, 01:08:03 PM
Not so quickly, honey badger, not too quick. Take a short nap, will you?
February 20, 2018, 01:04:43 PM
Question for some of you living in the U.S. who have cashed out recently....what exchange do you recommend?
GDAX/Coinbase has been good for me. Very quick, no-hassle withdrawals of what some would consider eye-popping numbers. In the form of transfer to linked US bank accounts.
February 20, 2018, 01:01:14 PM
I'm going to die laughing. The best description of bitcoin ever created. Paul Singer is a Jew though, so he should be promptly deported to the Congo for his evil cult's crime's against humanity after typing that where he can enjoy massive amounts of diversity which he recommends unto other races.
Quote
“This [cryptocurrency] is not just a bubble. It is not just a fraud. It is perhaps the outer limit, the ultimate expression, of the ability of humans to seize upon ether and hope to ride it to the stars...
But is it not glorious that when the equivalent of nothing attracts priests and parishioners who run up the price, the very willingness of the mob to buy it at higher and higher prices is seen as validation of the thing, rather than an indication of the limitless ignorance of swaths of the human race?”
https://www.zerohedge.com/news/2018-02-20/elliotts-singer-bitcoin-boom-indicates-limitless-ignorance-humans
But is it not glorious that when the equivalent of nothing attracts priests and parishioners who run up the price, the very willingness of the mob to buy it at higher and higher prices is seen as validation of the thing, rather than an indication of the limitless ignorance of swaths of the human race?”
https://www.zerohedge.com/news/2018-02-20/elliotts-singer-bitcoin-boom-indicates-limitless-ignorance-humans
February 20, 2018, 12:56:37 PM
The average guy from the street has no idea what Bitcoin is, period. Again, I fail to see the point. If you're gonna get involved in crypto without doing your due diligence, you're gonna have a bad time. No matter what particular coin.
And yet the WHOLE point, nay the very existence of BCash, was to supposedly to appeal to "the average guy on the street." Like the 2B+ unbanked in the world today with no education. Remember?
Can you possibly be any more fkn hypocritical, or have any more ridiculous fallacies going on, wrt BCash?
Are you trying to tell me the situation is any different in regards to Bitcoin Segwit? That its whole point is supposedly to appeal to "the average guy on the street"? Indeed the potential lower fees should indeed be one factor to cause Bitcoin Cash to appeal to the average guy on the street over Bitcoin Segwit _once_he_become_aware_of_its_existence_. I see no hypocrisy here. I do see cognitive dissonance in your retort, however.
February 20, 2018, 12:52:47 PM
So...finex is down and stamp is up.
Is this due to a jump in shorts?
Maybe they ran out of Tether? Is this due to a jump in shorts?
February 20, 2018, 12:43:16 PM
So...finex is down and stamp is up.
Is this due to a jump in shorts?
Is this due to a jump in shorts?
February 20, 2018, 12:42:14 PM
BTC dominance at 38,9%.
Amazing how quickly things change! My ALTs are getting killed while my BTC is king again. I cant figure out why BTC is king so quickly while it only has 38.9% dominance. February 20, 2018, 12:36:44 PM
Question for some of you living in the U.S. who have cashed out recently....what exchange do you recommend?
itBit is best for large amounts
February 20, 2018, 12:35:18 PM
BTC dominance at 38,9%.
February 20, 2018, 12:19:51 PM
Good morning Bitcoinland.
Will we pass $12k soon?
Go Bitcoin go.
Will we pass $12k soon?
Go Bitcoin go.
Yes.
*edit* Shorts start closing at 11.8
will be fun to watch. 
February 20, 2018, 12:12:49 PM
Good morning Bitcoinland.
The steady recovery continues... currently $11631USD/$14673CAD (Bitcoinaverage).
Will we pass $12k soon? I figure after we hit $15k it should really take off.
Go Bitcoin go.
The steady recovery continues... currently $11631USD/$14673CAD (Bitcoinaverage).
Will we pass $12k soon? I figure after we hit $15k it should really take off.
Go Bitcoin go.
g'morning sir ... fleets of lambos :-D weee
===>
offtopic Litecoin Cash (disruptive) >)> https://yobit.net/en/trade/LCC/BTC
February 20, 2018, 12:11:29 PM
Good morning Bitcoinland.
The steady recovery continues... currently $11631USD/$14673CAD (Bitcoinaverage).
Will we pass $12k soon? I figure after we hit $15k it should really take off.
Go Bitcoin go.
The steady recovery continues... currently $11631USD/$14673CAD (Bitcoinaverage).
Will we pass $12k soon? I figure after we hit $15k it should really take off.
Go Bitcoin go.
February 20, 2018, 12:03:54 PM
Question for some of you living in the U.S. who have cashed out recently....what exchange do you recommend?
Probably going to get a lot of grief for this...but Coinbase. Coupled with GDAX I personally have had no issue's there. Once I had my bank tied in and made a withdrawl..the process was quick and painless. ymmv.
February 20, 2018, 11:58:46 AM
Question for some of you living in the U.S. who have cashed out recently....what exchange do you recommend?
Probably going to get a lot of grief for this...but Coinbase. Coupled with GDAX I personally have had no issue's there. Once I had my bank tied in and made a withdrawl..the process was quick and painless. ymmv.
Thx! Yeah I use coinbase for occasional transactions so I may try gdax. Was wondering if bitstamp is an option for US bank accounts.
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