How do you think PoS wouldn't be better for the network? Do you think the average third world person deserves a chance to help secure the network?
Proof of stake serves only to enrich the stakers.
You fail it
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21646. (Read 26609921 times)
May 27, 2015, 05:46:26 PM
How do you think PoS wouldn't be better for the network? Do you think the average third world person deserves a chance to help secure the network?
Proof of stake serves only to enrich the stakers.
You fail it
May 27, 2015, 04:57:35 PM
May 27, 2015, 04:50:45 PM
LOL!
You're a funny guy!
How's your lawsuit against coinbase going?
You're a funny guy!
How's your lawsuit against coinbase going?
Good!
It needs some criminal charges in order to keep my expenses low, but Coinbase business plan is half selling Bitcoins however possible and half snitching/doxxing.
I'm a little concerned they snitch on enough people to avoid catching criminal charges themselves.
How do you think PoS wouldn't be better for the network? Do you think the average third world person deserves a chance to help secure the network?
People fucking HATE that if you hold one $100 BTC in 1 year it will still be 1 BTC and who knows how much USD value.
People would still continue to stake their coins and secure the network even when the reward isn't huge. I've seen enough in the altcoin world to know when the mining is no longer hot... the mining drops like a rock. Bitcoin is going to meet the same end.
Gavincoin is going to help make Bitcoin harder for the average joe to get in and then in the long run it will bone the miners too.
Folks are just banking on Bitcoin getting so corrupt in world politics and economics that everyone just swallows the losses and uses it... Not going to happen unless Benjamin Lawsky works some fucking corrupt magic lol. Which of course he is trying, but thank god you can hire him soon to help navigate these murky waters that he helped stir up!
It feels like the CIA got Gavin and Gavin has the sheeple.
<3 
May 27, 2015, 04:30:52 PM
It's going to continue going down.
I think Cryptsy or even Poloniex has more volume than GBTC and the Stockholm. Giving away free bitcoin mining toasters is hardly impressive as well.
It's been just big disappointment after big disappointment.
I also think that the Chinese can control the mining industry and actually take losses there that are made up through market manipulation.
Bitcoin would be far better off PoS. Right now it's a huge bottomless hole of electricity cost and one nuclear miner or subsidized miner would knock everyone's socks off. Also, you have money going into BTC and then money flowing into machines the equivalent of a 1970's type writer (worthless now.) It would be much better if it was "all in one". It may encourage people to solo stake (pool staking seems sketchyish.) Bitcoin has far to many people invested/scamming with mining for it to change at this point I fear...
PoS would provide better growth for the network.
I think Cryptsy or even Poloniex has more volume than GBTC and the Stockholm. Giving away free bitcoin mining toasters is hardly impressive as well.
It's been just big disappointment after big disappointment.
I also think that the Chinese can control the mining industry and actually take losses there that are made up through market manipulation.
Bitcoin would be far better off PoS. Right now it's a huge bottomless hole of electricity cost and one nuclear miner or subsidized miner would knock everyone's socks off. Also, you have money going into BTC and then money flowing into machines the equivalent of a 1970's type writer (worthless now.) It would be much better if it was "all in one". It may encourage people to solo stake (pool staking seems sketchyish.) Bitcoin has far to many people invested/scamming with mining for it to change at this point I fear...
PoS would provide better growth for the network.
You basically just described. Mintcoin
May 27, 2015, 04:26:18 PM
It's going to continue going down.
I think Cryptsy or even Poloniex has more volume than GBTC and the Stockholm. Giving away free bitcoin mining toasters is hardly impressive as well.
It's been just big disappointment after big disappointment.
I also think that the Chinese can control the mining industry and actually take losses there that are made up through market manipulation.
Bitcoin would be far better off PoS. Right now it's a huge bottomless hole of electricity cost and one nuclear miner or subsidized miner would knock everyone's socks off. Also, you have money going into BTC and then money flowing into machines the equivalent of a 1970's type writer (worthless now.) It would be much better if it was "all in one". It may encourage people to solo stake (pool staking seems sketchyish.) Bitcoin has far to many people invested/scamming with mining for it to change at this point I fear...
PoS would provide better growth for the network.
I think Cryptsy or even Poloniex has more volume than GBTC and the Stockholm. Giving away free bitcoin mining toasters is hardly impressive as well.
It's been just big disappointment after big disappointment.
I also think that the Chinese can control the mining industry and actually take losses there that are made up through market manipulation.
Bitcoin would be far better off PoS. Right now it's a huge bottomless hole of electricity cost and one nuclear miner or subsidized miner would knock everyone's socks off. Also, you have money going into BTC and then money flowing into machines the equivalent of a 1970's type writer (worthless now.) It would be much better if it was "all in one". It may encourage people to solo stake (pool staking seems sketchyish.) Bitcoin has far to many people invested/scamming with mining for it to change at this point I fear...
PoS would provide better growth for the network.
LOL!
You're a funny guy!
How's your lawsuit against coinbase going?
May 27, 2015, 04:07:43 PM
This shitcoin is dropping hard, good.Its gone down by a whole dollar
May 27, 2015, 04:03:36 PM
May 27, 2015, 03:57:41 PM
May 27, 2015, 03:56:28 PM
poeple are going ape shit, this can only mean one thing, the next 24 hours are critical
May 27, 2015, 03:51:08 PM
More bullish news. That means we go down, of course...
http://www.zerohedge.com/news/2015-05-27/switzerland-open-bitcoin-bank-crypto-fort-knox-relocates-zurich
Quote
Switzerland To Open Bitcoin Bank As Crypto "Fort Knox" Relocates To Zurich
With every DM central bank hell-bent on ensuring that the currencies which roll off their printing presses will become ever more worthless with each passing iteration of the global debt monetization ponzi scheme, and with calls growing louder to ban hard currency altogether in an effort to remove the effective lower bound and thus make it possible for bureaucrats to centrally plan every aspect of the economy right down to the micromanagement of people’s spending habits, we suppose now is as good a time as any to make the switch to a medium of exchange not controlled by the Keynesian cabal and where better to go "crypto" than Switzerland which, according to Handelszeitung, is set to open its first Bitcoin bank.
With every DM central bank hell-bent on ensuring that the currencies which roll off their printing presses will become ever more worthless with each passing iteration of the global debt monetization ponzi scheme, and with calls growing louder to ban hard currency altogether in an effort to remove the effective lower bound and thus make it possible for bureaucrats to centrally plan every aspect of the economy right down to the micromanagement of people’s spending habits, we suppose now is as good a time as any to make the switch to a medium of exchange not controlled by the Keynesian cabal and where better to go "crypto" than Switzerland which, according to Handelszeitung, is set to open its first Bitcoin bank.
http://www.zerohedge.com/news/2015-05-27/switzerland-open-bitcoin-bank-crypto-fort-knox-relocates-zurich
May 27, 2015, 03:46:47 PM
Benjamin Imakethelawsky release bitlicence today or friday. I don't think it will move the price. But if it moves the Winklevii ETF in to Nasdaq, maybe we get some action. I'm just hoping, actually.
I thought loads of people where going to sell with Bitlicence and DDOS services that accept it?
Bitlicence is not good news...
May 27, 2015, 03:45:23 PM
Benjamin Imakethelawsky release bitlicence today or friday. I don't think it will move the price. But if it moves the Winklevii ETF in to Nasdaq, maybe we get some action. I'm just hoping, actually.
May 27, 2015, 03:45:12 PM
BNY MELLON is Buying SoonTm
http://www.wired.com/partners/bnymellon/futureofmoney/
https://www.bnymellon.com/us/en/who-we-are/index.jsp
Company Profile:
$28.5 trillion assets under custody and/or administration *
$1.7 trillion assets under management *
Get in while its still cheap!
http://www.wired.com/partners/bnymellon/futureofmoney/
https://www.bnymellon.com/us/en/who-we-are/index.jsp
Company Profile:
$28.5 trillion assets under custody and/or administration *
$1.7 trillion assets under management *
Get in while its still cheap!
May 27, 2015, 03:43:17 PM
May 27, 2015, 03:39:47 PM
look at the LTC/BTC chart on wisdom
(see those tall green lines every 5 months or so)
(see those tall green lines every 5 months or so)
May 27, 2015, 03:38:37 PM
poeple are going ape shit, this can only mean one thing, the next 24 hours are critical
May 27, 2015, 03:37:02 PM
This thread needs more .....
May 27, 2015, 03:33:32 PM
May 27, 2015, 03:19:56 PM
dump!
May 27, 2015, 03:13:40 PM
I see lambie is revving up his engines. Guess we're gonna have a move soon.
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