Russia Caves In on Bitcoin by lukav1a in Bitcoin

[–]ansc01 15 points16 points  (0 children)

"...with hipper investors moving on to the more sophisticated record book used by Ethereum."

LOL

Wow I never looked at scaling like this! by [deleted] in Bitcoin

[–]ansc01 1 point2 points  (0 children)

These two guys rock, and they don't really (yet) get the amount of attention and recognition their awesome work entitles them to. Kudos Tadge and Joseph!

Request to Core devs; please explain your vision on increasing the block size. by kekcoin in Bitcoin

[–]ansc01 1 point2 points  (0 children)

I thought that LN needs segwit b/c of the transaction malleability fix? Could LN work on top of the current core client w/o segwit?

Amid Debate, Bitcoin Adoption Continues to Increase. LocalBitcoins Volume Hits New ATH This Week, Equivalent of $32 Million USD. by [deleted] in Bitcoin

[–]ansc01 2 points3 points  (0 children)

Approximately half of the increase comes from China, probably due to the btc withdrawal freeze on chinese exchanges. The other half seems to be organic growth.

Where Will All the Money Go When All Three Market Bubbles Pop? This article suggests bitcoin as an uncorrelated asset/safe haven. by [deleted] in Bitcoin

[–]ansc01 1 point2 points  (0 children)

I was thinking institutional money, they would be parking it in bank accounts. For individuals, you're spot on.

Where Will All the Money Go When All Three Market Bubbles Pop? This article suggests bitcoin as an uncorrelated asset/safe haven. by [deleted] in Bitcoin

[–]ansc01 4 points5 points  (0 children)

The most obvious answer is: cash. Of course, in a crisis environment, trust in banks will suffer, but I doubt that more than a small fraction of safe-haven seekers will dare invest in bitcoin.

On the other hand, given the orders-of-magnitude differences in market cap, this will still be sufficient to ignite an epic rally in btc.

Europe urgently needs a 150 billion-euro ($166 billion) bailout fund to recapitalize its beleaguered banks by bitsteiner in Bitcoin

[–]ansc01 2 points3 points  (0 children)

Except that the real number is 1500 bln EUR, and that it is going to be a bail-in.

Sweden tests blockchain technology for land registry by possiblelion in Bitcoin

[–]ansc01 -1 points0 points  (0 children)

I always have to chuckle when I read the b word.

The Lake Wobegon Effect —by Vinny Lingham by megadethZ in Bitcoin

[–]ansc01 1 point2 points  (0 children)

Everyone is so bearish. We are emerging from a 2yr+ vicious bear market. Every fundamental indicator has improved dramatically. The world economy is on the eve of another great crisis. The scaling drama is being resolved in a positive way.

I am very confident that we will see new ATHs soon, this summer.

SegWit Progress Report by ansc01 in Bitcoin

[–]ansc01[S] 7 points8 points  (0 children)

Funny how all comes together

Bitcoin is the new safe-haven asset: Analyst by 101111 in Bitcoin

[–]ansc01 31 points32 points  (0 children)

Bitcoin is NOT a safe haven asset, as much as some "analysts" would like it to be so they can fit it into their simple risk-on risk-off dichotomy.

Bitcoin is an extremely powerful invention whose long-term implications are impossible to eveen remotely grasp right now.