Bitcoin Price Thread

johnarb said:
Serious question: Do you know what blockchain is and how it works?
More...

Cryptocurrencies need blockchain. If not they cannot survive.
Blockchain doesn't need cryptocurrencies to survive. Crypto is just 1 application that is using the blockchain technology, that's all.
Blockchain technology is already in use (on a limited scale) in banking and will be used in all kind of applications in futur.
 
schweiz said:
Cryptocurrencies need blockchain. If not they cannot survive.
Blockchain doesn't need cryptocurrencies to survive. Crypto is just 1 application that is using the blockchain technology, that's all.
Blockchain technology is already in use (on a limited scale) in banking and will be used in all kind of applications in futur.
More...

Yes, blockchain is important in cryptocurrencies architecture as it solves the challenges of a decentralized and trustless system.

Since you know what a blockchain is, can you cite one example of how a corporation such as IBM can utilize it? Like maybe what kinds of problems it will solve for them. How about banks? How exactly is the implementation going to work? How are the hashes going to be validated and applied to each block? Who are going to be running nodes that store the blockchain?

Or are you just talking buzzwords and don't really know how it works?

.
 
johnarb said:
Yes, blockchain is important in cryptocurrencies architecture as it solves the challenges of a decentralized and trustless system.

Since you know what a blockchain is, can you cite one example of how a corporation such as IBM can utilize it? Like maybe what kinds of problems it will solve for them. How about banks? How exactly is the implementation going to work? How are the hashes going to be validated and applied to each block? Who are going to be running nodes that store the blockchain?

Or are you just talking buzzwords and don't really know how it works?

.
More...

Blockchain is not just "important" for cryptocurrencies. Remove blockchain and crypto's will not exist anymore. So your statement is wrong, and an attempt to just minimizing the blockchain value.

Was my statement wrong? All the rest is just an attempt to change subject and to hope that people don't understand what I posted.

Bitcoins (and other cryptocurrencies) are always pumped up linking it to blockchain. I see no value at all of that link and showed that clearly in my posting. It is purely marketing to sell thin air. If trust in crypto's would be big it would not crash like it did already a few times. It clearly demonstrates that speculation (of a lot of stupid people) is responsible for the evolution. The free float of coins is less than 15% of all coins. The big holders just keep their coins and try to manipulate the prices. That is easier when the free float is small. Just try to sell 10,000 coins at once. You will see what will happen. It is far easier to sell the same amount in any major currency (USD, YEN, GBP) without a crash. There is a reason for that difference. It is called TRUST.

It seems that reality, or the truth, hurts you extremely hard. I think my posting clearly demonstrates the madness and insanity, or the manipulation of a ponzi system.
 
schweiz said:
Was my statement wrong? All the rest is just an attempt to change subject and to hope that people don't understand what I posted.

It seems that reality, or the truth, hurts you extremely hard. I think my posting clearly demonstrates the madness and insanity, or the manipulation of a ponzi system.
More...

You're full of shit. You can't answer any of my questions and running away like a scared child when you got called out. Won't respond to you anymore until you can answer my questions. Bye

.
 
2 days ago · Michael Novogratz, the former macro manager who’s turned into one of the biggest champions of bitcoin, shelved plans to start a cryptocurrency hedge fund and predicted that the digital money may extend its plunge to $8,000. ... Michael Novogratz, the former Fortress Investment Group ...

A couple posters (rhymes with boy) on ET were championing MN involvement, I think he had a change of heart. Sorry if someone already put this out. Hmmmm..the better mouse trap ?
 
johnarb said:
You're full of shit. You can't answer any of my questions and running away like a scared child when you got called out. Won't respond to you anymore until you can answer my questions. Bye

.
More...

You cannot find any error in my posting. That is the problem and the cause of your reaction.

You are the child, not me.

Future will show who was right.
 
bitcoiners.PNG
 
sss12 said:
2 days ago · Michael Novogratz, the former macro manager who’s turned into one of the biggest champions of bitcoin, shelved plans to start a cryptocurrency hedge fund and predicted that the digital money may extend its plunge to $8,000. ... Michael Novogratz, the former Fortress Investment Group ...

A couple posters (rhymes with boy) on ET were championing MN involvement, I think he had a change of heart. Sorry if someone already put this out. Hmmmm..the better mouse trap ?
More...

This is pretty big news. Novogratz has been one of the biggest Wall Street bull (if not the biggest) on cryptocurrencies. Thanks for posting this and something to keep an eye on as I would think he's very well informed on the crypto landscape due to his connections. Makes me wonder if he sees something in the works in the US legislation. Yikes.

.
 
You must log in or register to reply here.
Back
Top