Search results

You'll need more than a "few" or "some", and you'll have to crash all planes, trains and automobiles in the process, not to mention halt all bank/retail/stock markets that rely on computer systems, but hey, as long as you get your way and reset bitcoin, more power to you...

CNBC on bitcoin vs gold

Bitcoin is the gateway to the real-world for all other cryptocurrencies. If bitcoin fails, so does all other coins. Until another coin takes its place... All of the profits I've spent and converted to fiat have been through bitcoin and whether I like it or not, I have a double conversion on my...

Seriously? You're putting a hypothetical argument on how the bitcoin (btc) limit of 21 Million can be changed and I did not mention that the 21 Million limit is outside of our life times as it's non-relevant, the limit is 21 Million coins. I'm pretty sure you and I know what you're doing...

Something was lost somewhere.... Let's try this again. The article I posted was discussing bitcoin (symbol: btc) versus gold and many posters were responding unlimited supply of cryptocurrencies. Please stop. It's disingenuous. Bitcoin (symbol: btc) has a lifetime cap of 21 million coins minus...

Article is talking about bitcoin (symbol: btc), not other cryptocurrencies. It's like talking about AAPL, then mentioning there are unlimited stocks in the stock markets and they're creating more with each IPO, or there's gold, but there's unlimited metals, like silver, copper...

You will love my other thread, Pekelo :D Every year there is another 3,300 tons of gold produced–lets call it $200 billion of new gold that must be absorbed every year by buyers. Let’s look at bitcoin. Every year at, let’s say $10,000 a coin, there is $6.5 billion dollars of new supply that...

https://www.forbes.com/sites/investor/2019/11/04/bitcoin-is-better-than-gold-for-one-simple-reason/#41b62cf6176b Gold has always been considered a haven for capital. The obvious proof is that governments keep a reserve of gold. They do so because in war the only money the losing side can use to...

Yea, you're right, there's a debt ceiling that prevents the Fed to get out of control. Oh, wait, er, uhm, nvm. Out of curiosity, how much USDT do you think they print every day to support or even pump it? How much USDT are in existence? Coinbase (US regulated exchange) alone btc/usd trading is...

$23 Trillion debt, but no worries. we'll just print more $

Bitcoin doesn't vanish in the scenario you're describing. It runs on a decentralized network with over 10,000 full bitcoin nodes distributed worldwide, each one has a copy of the blockchain (public ledger) that shows the amount of bitcoin you have ownership of in a given bitcoin address (that...

https://www.bloomberg.com/opinion/articles/2019-10-03/bitcoin-and-other-cryptocurrencies-are-better-than-gold The cryptocurrency world was the subject of much derision in early 2018. It had all the signs of a bubble, complete with shady promoters, a speculative frenzy and investors with...

He's recommending an asset he's invested in, that's normal behavior in Wall Street. He provided a bunch of critical metrics on the bitcoin network growth. He compared the price action to Amazon's over the course of 20 years which experienced 90% "crashes". Still, everyone should do perform...

Buy bitcoin every chance you get, says hedge fund veteran Mark Yusko https://www.cnbc.com/2019/09/26/buy-bitcoin-every-chance-you-get-says-hedge-fund-veteran-mark-yusko.html?__source=twitter%7Cmain

Thank you for this thread, was wondering about Maverick74 and glad he's ok and doing well.

That's what I was hinting at when I mentioned that the 1-day bitcoin futures is interesting. Who would be interested in buying these? Not the average person. "Futures contracts, legal agreements to buy or sell a commodity at a certain price and time, are a way for investors to bet on whether...

Looks like bitcoin price action is following a buy on rumor, sell on news, bitcoin is down a few hundred dollars in price. 1-day futures are quite interesting if it picks up volume, hodlers hope...

You have a lot of questions and no offense, but I don't feel like providing the research for you. There's a thread right next to this one where you can get a lot of resources and books to read. Bitcoin is a decentralized, distributed, peer-to-peer, immutable, censorship-resistant...

That's one bitcoin participant's opinion. Bitcoin is decentralized and distributed globally and that view is the extreme minority, most people who invest in bitcoin view it as a digital investment asset, i.e. digital gold. Even the ones who view bitcoin as a cryptocurrency play don't see it as...

That is not. That makes no sense to me, actually. I don't know of anyone here who has mentioned that goal.