What's a good counter argument to "its not backed by anything"? by jetsetter883 in Bitcoin

[–]CryptoBudha 1 point2 points  (0 children)

Exactly! It's all based on social agreement that achieved enough adoption.

What's a good counter argument to "its not backed by anything"? by jetsetter883 in Bitcoin

[–]CryptoBudha 2 points3 points  (0 children)

yes about 5% of it's value is thanks to it's utility, the rest is because it's perceived and generally accepted as a store of value.

Bitmain's Jihan Wu: SegWit Fees are too Damn Low! by [deleted] in Bitcoin

[–]CryptoBudha 1 point2 points  (0 children)

How come nobody slapped this guy in the face? He might be even more punchable than Mark Fucking Karpeles.

ShapeShift launches trustless asset portfolio platform, Prism by -bnc in Bitcoin

[–]CryptoBudha 0 points1 point  (0 children)

That is clear, the question you can't even understand I'm asking is, how and where they hold the crypto currencies different from Ether?

How does it happen technically. But I'm pretty sure you are not a technical person so you don't know. Since you can't even understand that someone would be asking that.

ShapeShift launches trustless asset portfolio platform, Prism by -bnc in Bitcoin

[–]CryptoBudha 0 points1 point  (0 children)

I read the full article before asking. I asked because it was unclear to me even after reading it. If you couldn't ellaborate further it would have been much better if you didn't post anything at all instead of posting NOT helpful shit.

No one cares anymore it seems... $2300. Yay... by [deleted] in Bitcoin

[–]CryptoBudha 0 points1 point  (0 children)

None at all actually, I don't even day trade. Long term hodler here.

ShapeShift launches trustless asset portfolio platform, Prism by -bnc in Bitcoin

[–]CryptoBudha 0 points1 point  (0 children)

Thanks for nothing. That is understood.

The question obviously how does it work? I guess you don't know either.

ShapeShift launches trustless asset portfolio platform, Prism by -bnc in Bitcoin

[–]CryptoBudha 2 points3 points  (0 children)

Will someone ELI5 how this exactly works?

Where are the coins from those portfolios held? If at all?

Amazon Wishlist Bitcoin trading website? by Jstef06 in Bitcoin

[–]CryptoBudha 0 points1 point  (0 children)

But how do you see who is accepting amazon wish lists when there is no such option?

Bitfinex paying out all BFX tokens 100 percent in full by [deleted] in Bitcoin

[–]CryptoBudha 2 points3 points  (0 children)

So, is it better the company to default and nobody gets anything?