LoneMaxi
Store of what value ? what value does it have if it's not used for anything else aside from speculation ? If population decreased drastically (I suppose WW3 or Alien attack), then the crypto they hold would most…
PayPal is one of the examples where demand for a transaction processor is visible, demand for store of value is much lesser but Monero takes that cake too with privacy. VISA/Mastercard are another. There's no reason to…
Price will follow demand, the demand is increasing.
Monero is steadily taking over Bitcoin in utility: https://x.com/shopinbit/status/1811651225005195471 https://x.com/CoinCards/status/1809702144288882870
By not using Bitcoin for everyday small purchases you are substantially limiting it's growth potential. Demand for digital cash is much higher than the demand for "Digital real-estate" thingy, there are plenty other…
You realize LN constitutes to ~1% of all Bitcoin transactions and that LN has it's own scalability issues and it's getting really centralized ? No one but Bitcoin geeks use LN and it won't change, the project is a…
Always bet on greed, people will hold forever because they want more. It's hard not to exploit this, and the herd mentality that likes to follow rich people. Meanwhile, my old friend Michael will sell everything at some…
The only inevitable thing in life is that we will die someday.
Unfortunately, ZERO. It's been on a downtrend, and the pump momentum is over. I don't believe it will ever reach a $100K valuation. It's all about AI these days; Bitcoin is old news. The only possible way it could pump…
Since the Bitcoin protocol is written in stone, they at least have to pretend they're doing something. They all have two things in common: they changed the world, and they are outdated.
- Theoretical limits on blockchain sizeAug 4, 2020
Imagine if file system updates were seen as being bad the same way as Bitcoiners see protocol updates being bad. We would still be limited to 4GB max file size with FAT32. Nobody should be using outdated cryptocurrency…
- Is Retail Participation Likely This Time?Apr 22, 2020
ahem
*anti-censorship, makes sense...
Marathon is already blacklisting transactions and it didn't split the chain. The tx will be mined by different company but the problem here is that it's already happening and other miners could be incentivized if not…
The article talks a lot about breaking consensus by miners and that it can't happen but I'm talking about regulators forcing miners to use black-listing (not including certain tx) in a block, which doesn't break the…
This is true and a bit scary, because one of their goal with this is to destroy medium players (small are already dead). Higher hashrate does not always mean higher security, as security comes mainly from…
This is not true, more confirmations on other chains come from different problems and you can have 0-conf transactions when it comes to some altcoins, I have paid numerous times with 0-conf. Mining hardware has nothing…
You're talking about 2140 but I would be worried much sooner, unless you believe the market cap will double after each halving. Two more halvings and the security of Bitcoin could be in great danger due to economical…
- can you mine Bitcoin using a powerful laptop?Jul 13, 2019
I thought it's a common knowledge and a logic thing to understand that big mining operations scale a lot better than small miners I wrote about infrastructure costs just as a side note, small miners always overpay due…
- can you mine Bitcoin using a powerful laptop?Jul 12, 2019
Big mining companies struggle to get their ROI and have been mining at a loss for some time - reason they are replacing ASIC's for HPC and switching to AI training. Hint: it's not only the kWh cost! the whole…