grimomega

Member
28
Posts
171
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May 3, 2017
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Recent posts
  • Because Bitcoin is used 1000x more often than Monero. If Monero would reach the limits of its capacity, it would have high fees too. And since Monero is not using any different blockchain architecture that would make it…

  • A shitcoin is still a shitcoin even if it comes from a successful inventor/entrepreneur. What problem does this project try to solve? Are green energy projects suffering from the lack of funding? I don't believe in…

  • $99,299.99 has been observed. Going to touch $100k very soon. My curious mind now always wonders when Bitcoin will hit $100k and I will witness that historic moment. I started investing in Bitcoin from a minimum of 25…

  • By cashing out you mean settling down to live in that country? A few million dollars doesn't really sound like a lot with the current costs of living in Western countries. I would look into Eastern Europe and a great…

  • If we apply the previous pattern, it's possible to reach and surpass the ATH by the end of they year. But simply extrapolating the past into the future is never going to work all the time, it's also important to think…

  • No one ever said anything about banning self-hosted wallets, all we have is a rumor that the US regulators will require centralized entities to do some sort of KYC before processing withdrawals to a self-hosted wallet.…

  • This could happen if a lot of hashpower suddenly leaves the network, like a surprise ban on mining by a few major governments. If this is timed right after the difficulty adjustment and there's still more than thousand…

  • I partially agree with it. Things like Netflix or video games and other entertainment brings happines to billions. Bitcoin users are counted by tens of millions and many of them are only into Bitcoin for investing. I…

  • I think it was a temporary dip time for the Bitcoin market. Moreover the price of Bitcoin you mentioned is not correct because Bitcoin prices were the highest $109k (ATH). After watching the news of Trump's Reserve…

  • He'll most likely get a slap on the wrist compared to what he deserves. At worst for him he'll serve a few years in prison. Or maybe there won't be any jail time at all. Every adult person should know that the law does…

  • The problem isn't that a bank or a government could take control over an address, but they could deny access to it. Imagine if Hal got arrested, the government could seize the contents of his safety box, and he would…

  • The judge will most likely rule in Craig Wright's favor, that is declare him guilty and order him to pay half a mil of coins, which is exactly what he wants to happen. I believe this will happen, because if the judge…

  • So this theory tries to tell us that Bitcoin's price is a result of some sophisticated adoption curve, but from my point of view adoption is largely irrelevant for Bitcoin - most of those who own Bitcoin are…

  • This is basically still an untested theory. In the last 16 years there wasn't any major global financial crisis. There were some shocks, like the first months of Covid-19, and it's clear that Bitcoin reacts negatively…

  • But they didn't take those coins for themselves, they decided not to touch them, which is different. It's possible that in the future, when Coinbase will move their bitcoins to new wallets, all the forks from the old…

  • Now the price of Bitcoin is slowly going down, as a result we are forced to think that the price of Bitcoin may fall even further next month. Everyone is probably aware of the recent news that the Bybit exchange was…

  • When Bitcoin's main use case is getting rich quick, and financial freedom is secondary at best, there's nothing surprising that ideology is very low in the list of priorities of Bitcoin community. And in this context…

  • I saw similar charts a few years ago, and a lot of people back then tried to argue that volatility isn't going down and that it's actually increasing, but now it's even more clear that it's not true, and of course it…

  • Maybe it's the end of the bear market in some sense, but it's not the start of the bull market. There's still more than 1 year till next halvening. The growth, if it starts now, will still be slow, I don't expect the…

  • No serious person would solo mine Bitcoin, it's a waste of electricity, you would most likely die before you see even 1 block. It's simply uneconomical to waste electricity if you could instead join a pool and make…