Message from @Jacob
Discord ID: 404105147623538689
The problem it solves does exist in the real world. What application outside of currency is block chain useful for? I don’t know, I don’t spend much time thinking about that, but blockchain tech is very useful for the application of a competing currency.
What are you all finding the average mining cut is when donating bitcoin to IE or another group etc?
I don't know, but Bitcoin has retardedly high fees
@Tanner - SC blockchain decentralizes things. so anything you can think of on the internet can be done in this way. first two things past bitcoin that have had moderate success is a blockchain based social media and, in the word right now, a blockchain ISP.
you dont especially need to use blockchain to decentralize either. torrent already does a that, bitchute implements that.
but decentralizing is the future of the internet
OpenBazaar also works this way
oosh, yeah BitConnect is one of the bigger coins accused of being pump and dump , produced some funny videos from a BitConnect conference in Thailand of this guy https://www.youtube.com/watch?v=NMYIc4gnM-s
Not a pump and dump, but an actual pyramid scheme
Good point
Interesting perspective from a while back https://prestonbyrne.com/2017/12/08/bitcoin_ponzi/
That't can't be true, that guy that lost 500K. No one who has 500K (unless it is lottery winnings i guess) would be dumb enough to do that. 500K into crypto coins haha.
I really hope nobody here is risking anything they are not comfortable losing. Please don't do that. If you have serious money to invest, invest in your health, or property in eastern europe or New Zealand. That being said, once BTC hits 50K it is time to go short MBS-style.
@here just a generic and friendly reminder to not risk money you can't lose. Also that no one here has a crystal ball and unforseen risks can arise.
XRP TO THE MOOOOOOOOOOOONNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN EVERYONE BUY IN NOW!
What Chris said.
I could see it going wrong if everyone sells at the same time
hahaha is this for real? There is a fiat currency built on top of non-existent 'digital' currency build on top of electricty wasting tech that makes gaming graphics card had to get. I can't even tell who is jewing who anymore.
BTC trickling up since news of successful Lightening Network uses have been coming out. Checkout /r/Bitcoin for more examples like this https://www.reddit.com/r/Bitcoin/comments/7rkunw/lightning_the_future_just_arrived_at_my_doorstep
/r/Bitcoin is heavily censored, I don't trust anything from that sub
That's true, it's a pro-Bitcoin subreddit. That being said, I'm interested in any news that makes any crypto more valuable. Even though there are many alternative cryptocurrencies that introduce improvements over certain features of BitCoin's technology, I am still interested in any improvement to BitCoin's technology because I think investors' biggest concerns are about solutions to scaling problems in blockchain technology and BitCoin's transaction volume puts it at the frontier of needing innovative scaling solutions. If Bitcoin can't scale then we will need to fundamentally rethink if and how to use cryptocurrencies because if Bitcoin can't scale then eventually any other cryptocurrency will have to confront and try to solve scaling problems, with lots of market uncertainty.
Heavy censorship and "pro-Bitcoin" are not the same thing.
Criticism is literally not allowed, shoah'd immediately in /r/Bitcoin
You will not find a comment there that critiques the lightning network.
There is no debate or discussion.
That's unfortunate
@Tanner - SC Is there a website where I can compare fees and transaction times?
Blockchain.info shows that for BTC and BCH, but not others. One might exist for other coins, I’m just not aware of one.
hmmm okay
thanks
@here I try to give a warning a week about risk in investing, instead this week I give you this video. https://www.youtube.com/watch?v=E1xqSZy9_4I
lesson of that vid: hodl
Sad story. Also, so much for Britain's gun control.