When the volume starts to come in.... WHEEE
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6184. (Read 26710857 times)
February 03, 2021, 11:57:40 AM
This looks really good...
When the volume starts to come in.... WHEEE
When the volume starts to come in.... WHEEE
February 03, 2021, 11:50:09 AM
Visa announced it's now working on allowing customers to buy and sell Bitcoin through their own banks.
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
But...bbut...the media has spent nearly every day for the past 9 years saying Bitcoin was a scam, a fraud? That it had no future?
Were they...lying to us?
Blast from the past.
February 03, 2021, 11:42:19 AM
/r/wallstreetbets moderators being so blindly negative on Bitcoin ultimately turned me off their entire community and activism.
It's all fine. It's probably just the auto-mod-bot. They turned on an auto-mod bot to take care of 5 million new users who probably post stuff they're not supposed to, including anything crypto / bitcoin.
There is a sister reddit called satoshistreetbets or something, but it's significantly smaller.
I'm just holding my meme stock since it's worthless at this point and just need something to get squeezed, and as long as DFV is still holding his.
February 03, 2021, 11:05:44 AM
it took facebook 4 years to reach 1 billion customers.
it took the "blockchain industry" 4 years to develop zero products and therefore zero customers.
and no, BAT token does not count. no blockchain necessary there.
blockchain my ass.
nice title for a book.
edited, stopped offer...
LBRY
It's just about the only place now where I can watch interesting content these days.
But ya, the whole ICO thing was a bust. There were several projects that I wish worked out but they were simply a white paper. And you have to question the incentive structure of the premine or ICO. If you don't have something set up where the money is slowly doled out to developers over the course of X years then you have founders who make bank in the first weeks of the ICO where the price skyrockets, they take everyone to a big party in Vegas to celebrate, blow a shitload of money on Lambos then close up shop because they don't have to work their asses off...they're rich.
I'm starting to realise that just about any new business loses its founder support after about 2 years. Someone had an idea, they got a few other people excited about it, they set out to make it happen with some euphoria of early successes and get more support...but there's only so much excitement you can have over an idea. I think the excitement wanes over time and it is that excitement that is necessary to keep people motivated.
If I were an investor in real world stuff I'd buy small businesses at the 2-3 year mark. I used to own a bar and we happily sold it off at about the 2 year mark for pennies on the dollar. We'd done the "let's create an awesome bar with live bands" thing...it seemed cooler in the beginning than after 2 years of dealing with the every day difficulties of running a business.
Jeff Bezos finally stepped down as CEO of Amazon after 20 years. If you can work your ass off on a dream for 10-20 years then you deserve the success he has.
February 03, 2021, 10:57:40 AM
I give 10 merits if one can name me a working blockchain product. other than bitcoin. other than any ETH.
Perfectly working chain of “metal” blocks
The Dude confused traction and transaction here..
February 03, 2021, 10:51:52 AM
plays in endless loop during my writing!
we broke the important line in USD yesterday (UTC) and in EUR today (UTC). stay tuned and be patient!!111
Visa announced it's now working on allowing customers to buy and sell Bitcoin through their own banks.
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
capitalists join the party https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
February 03, 2021, 10:39:33 AM
Visa announced it's now working on allowing customers to buy and sell Bitcoin through their own banks.
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
But...bbut...the media has spent nearly every day for the past 9 years saying Bitcoin was a scam, a fraud? That it had no future?
Were they...lying to us?
Damn, I was really planning to spend my bags on coke and guns. You mean, there's legal opportunities using Bitcoin?
February 03, 2021, 10:37:43 AM
Please don't tell me that you were seed investor 
Fuck no. I'm not into altcoins at all. BTC maxi all the way. The question was about other working blockchain products, and I noted one that interests me, due to its IPFS roots.
Dumped all my memestocks at market open, and bought a nice healthy block of corn @ $36,800. /r/wallstreetbets moderators being so blindly negative on Bitcoin ultimately turned me off their entire community and activism.
Decided I no longer wanted to be a part of it.
Back to degenerate sat stacking.
Back where I belong.
February 03, 2021, 10:35:01 AM
Visa announced it's now working on allowing customers to buy and sell Bitcoin through their own banks.
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
But...bbut...the media has spent nearly every day for the past 9 years saying Bitcoin was a scam, a fraud? That it had no future?
Were they...lying to us?
February 03, 2021, 10:29:07 AM
Visa announced it's now working on allowing customers to buy and sell Bitcoin through their own banks.
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
https://www.coindesk.com/visa-anchorage-crypto-apis-pilot-for-banks?amp=1&__twitter_impression=true
But...bbut...the media has spent nearly every day for the past 9 years saying Bitcoin was a scam, a fraud? That it had no future?
Were they...lying to us?
February 03, 2021, 10:26:07 AM
I give 10 merits if one can name me a working blockchain product. other than bitcoin. other than any ETH.
Perfectly working chain of “metal” blocks
February 03, 2021, 10:24:11 AM
No it shares the same algorithm as btc thus is not needed or safe since it is subject to a 51% attack every day of its life.
Sorry, I forgot to add /s
February 03, 2021, 10:17:57 AM
i give 10 merits if one can name me a working blockchain product.
Filecoin.
~snip~
Thanks for the on-the-grounds report, chhota bhai.
Anyway your Hindi vocabulary getting bigger
so here are couple of words for you and homer, its curse word for the likes of Rustingminds, you could use it with friends also. the words are "Gaandu" and "Chutiya" its literally translate to Asshole and Better version of "Cunt" respectively. 
February 03, 2021, 10:16:49 AM
No it shares the same algorithm as btc thus is not needed or safe since it is subject to a 51% attack every day of its life.
February 03, 2021, 10:13:46 AM
Their mantra is "blockchain, not bitcoin" remember?
Or perhaps, "blockchain, not token" because they believe the token part is irrelevant to the holier than thou blockchain tech. Yet they sell tokens anyway. And without the token they would have nothing.
Or perhaps, "blockchain, not token" because they believe the token part is irrelevant to the holier than thou blockchain tech. Yet they sell tokens anyway. And without the token they would have nothing.
Sure, blockchain is an important part of Bitcoin but it is no more important than decentralization, proof-of-work, peer-to-peer networking, pseudonymity, or limited supply.
Those who hate these attributes of Bitcoin are quick to jump on "blockchain tech" to try to explain away Bitcoin's success. If only they could patent it and license it out to other companies. How dare Bitcoin not have a CEO, shareholders, a brick-and-mortar headquarters, and a website.
February 03, 2021, 10:10:13 AM
Ukraine considers building a bitcoin mining center based on nuclear power.
https://www.theblockcrypto.com/post/93572/ukraine-considers-bitcoin-mining-center-nuclear-power
https://www.theblockcrypto.com/post/93572/ukraine-considers-bitcoin-mining-center-nuclear-power
February 03, 2021, 10:09:22 AM
February 03, 2021, 10:08:00 AM
i give 10 merits if one can name me a working blockchain product. other than bitcoin. other than any ETH based erc20 scams or defi scams. i mean in the real world. it has been 12 years since the bitcoin white paper and more than 5 (how many exactly?) years that the "blockchain-not-bitcoin" narrative gets spun.
it took facebook 4 years to reach 1 billion customers.
it took the "blockchain industry" 4 years to develop zero products and therefore zero customers.
and no, BAT token does not count. no blockchain necessary there.
blockchain my ass.
nice title for a book.
it took facebook 4 years to reach 1 billion customers.
it took the "blockchain industry" 4 years to develop zero products and therefore zero customers.
and no, BAT token does not count. no blockchain necessary there.
blockchain my ass.
nice title for a book.
LTC and Doge
both are asic backed pow coins purchased and sold.
https://www.binance.us/en/trade/DOGE_USDT
https://www.binance.us/en/trade/LTC_USD
https://www.coinbase.com/price
Yes they are kind of a knock off of BTC but they serve a purpose.
They are decentralized and backed by robust asic net work
All pos are a joke
eth is a joke what happens if the 'boss' dies eth will be a mess.
BTW in 2021 I made more money on Doge during its runup than I made in the prior six months.
I had 1,000,000 doge Aquired via merge mining LTC and Doge. I mined 260,000 doge from dec 2017 to Jan 2021. I decide I could easily convert some of the ltc to doge so I sold the ltc for usdt and I purchased the doge with usdt. by jan 1 this year I had 1,000,000 doge.
I sold 300,000 for 5100usd early runup in early jan.
I sold 450,000 for 18000 usd from Jan 28 to Feb 2.
So I have 23100 usd from about a 2500 usd investment or a 20600 profit. And I still have 250,000 doge .
So in my book both doge and ltc qualify for your merit give away.
Not many other coins that I can think of off hand. Maybe no other coins.
Certainly no coin wrapped in defi with eth. As I said what happens to eth if the sole leader dies.
February 03, 2021, 10:06:47 AM
A successful, viable blockchain project is one where:
1) You absolutely need the blockchain part, and could not substitute another cleaner, faster, tech to do it better or to replicate the same tech/functionality.
2) The token part serves some purpose other than a form of money or money transfer.
3) The solution is not still looking for a problem that either doesn't exist, or is not really a problem in the real world.
4) The solution is routinely used by hundreds of thousands of people and companies everyday around the world, 24/7/365. Because it is an awesome solution.
Most blockchain projects fail #1 and #2 right out of the gate.
All of them fail #3 and #4, even if they are "working".
1) You absolutely need the blockchain part, and could not substitute another cleaner, faster, tech to do it better or to replicate the same tech/functionality.
2) The token part serves some purpose other than a form of money or money transfer.
3) The solution is not still looking for a problem that either doesn't exist, or is not really a problem in the real world.
4) The solution is routinely used by hundreds of thousands of people and companies everyday around the world, 24/7/365. Because it is an awesome solution.
Most blockchain projects fail #1 and #2 right out of the gate.
All of them fail #3 and #4, even if they are "working".
this! you say it way better than i did.
out of merit, this one deserves several!
i think the absence of a product/project that is successful is a hint that it is not a viable technology all together. bitcoin technology is, blockchain "tech" may not even be usable, meaningful tech that can be viewed as progress.
February 03, 2021, 10:03:34 AM
how can i find out if it is used and/or making profit - other than selling the token?
Not sure about that stuff. You asked about a working blockchain product, and Filecoin is really the only technical project out there that interests me beyond Bitcoin.
Was actually thinking about running a storage node, and start generating some income by devoting HD space, but I don't have SSD's or a system meeting their server RAM requirements. Don't feel like building one either. Was hoping to use my existing infra.
Not going to buy into it, but following the project, as a distributed filesystem interests me. I am concerned about NOT storing illegal content, so, not sure how that stuff can be resolved or monitored. Probably goes against what the coin was built for, but I don't want to be storing CP, for example (and yes, I am aware of being able to extract all manner of crap from the BTC blockchain. Doesn't mean I want to do it or support it.)
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