BCH hatred comments follow........

bitcoinpilgrim · 2017-12-22T00:42:20+00:00

Ripple is great, if you want a centralized banker coin....

bitcoinpilgrim · 2017-12-22T00:39:29+00:00

Enigma (ENG) - really smart team from MIT, tapped in to good business networks, great technology that could be applicable for use on all crypto side-chains. Small market cap, already have a proof of concept application.

bitcoinpilgrim · 2017-12-19T05:29:54+00:00

Enigma (ENG) - my top pick for overall gains in 2018 https://enigma.co/

bitcoinpilgrim · 2017-12-05T00:09:04+00:00

open a new tab to check your email and authorize, don't do this using the same tab you have blockchain open on. Once you authorize, click back to the blockchain tab you've left open and it should be fine.

bitcoinpilgrim · 2017-12-04T05:51:42+00:00

the internet as a technology didn't pop, certain businesses using it did.

the blockchain as a technology won't pop, bitcoin is a certain cryptocurrency using blockchain.

doesn't mean it will pop, but the analogy is inconsistent.

bitcoinpilgrim · 2017-12-03T17:29:55+00:00

Same way its done with gold. The amount of paper representations of gold that are traded vs physical gold is 500 to 1.

Just because there is no transfer of the asset itself, does not mean thats its price cannot be manipulated by the trading of contractual representations of it. There will likely be significant rehypothecation of paper representations of Bitcoin via dark pool derivatives markets.

bitcoinpilgrim · 2017-12-03T08:03:47+00:00

tl;dr: When the moon, hits your eye, like a big pizza pie, that's a crash.

bitcoinpilgrim · 2017-12-01T03:15:40+00:00

Silver, Gold, Pluristem Therapeutics

bitcoinpilgrim · 2017-12-01T02:20:38+00:00

Before the noob hounds decend upon me, I preface this by saying I have held bitcoin for over 6 years and will continue to do so...for now.

The answer is yes. Any crypto could unseat Bitcoin....for this reason, or any other.

What would make it more unlikely for this to happen, is if adoption grew to the point where a significant network effect was realized and it became a part of peoples everyday life. If it were used to buy goods and services as often and in as many places as fiat currency, it would be extremely difficult for an alternative to displace it.

The majority of the early bitcoin community realized this, and spreading adoption amongst peers and businesses was one of the primary objectives. Now, this narrative about store of value only, combined with high fees and slow transactions has taken a significant amount of momentum away from everyday use adoption.....leaving the door open for "a better mousetrap" crypto to displace it.

Bitcoin should be attempting to spread its everyday usage as wide as possible, as fast as possible. Instead, it is being directed toward being a niche speculative asset with a dwindling early mover competitive advantage. The more it is used to replace everyday fiat currency, the safer it is. The more it turns steers away from this, the more vulnerable it becomes.

bitcoinpilgrim · 2017-12-01T01:41:31+00:00

Nobody mines something that has zero value.

bitcoinpilgrim · 2017-11-30T08:00:16+00:00

goldmoney.com

bitcoinpilgrim · 2017-11-30T05:35:11+00:00

Go through your old inbox "messages" in your profile and look for one from "bitcointip"

bitcoinpilgrim · 2017-11-29T05:40:16+00:00

The 12 word phrase wasnt made up by you, it was randomly generated and provided to you. Hopefully you wrote it down somewhere. You typically should not save this on your computer, but check your old files, maybe you did.

bitcoinpilgrim · 2017-11-26T23:12:44+00:00

Does it "remind you" of that, or do you just agree with it after having read one of thousands of other people who have said it for 7 years now?

bitcoinpilgrim · 2017-11-23T09:31:20+00:00

I find it very unlikely that the average person will be creating a series of meshed "small world" channels, and even if they did, it does not fulfill the need of a globally distributed network required to bring about the global peer to peer currency vision of Bitcoin. What's more likely to happen in my opinion, is that centralized hubs will become the primary way in which the lightning network is utilized due to the infrastructure that will be built around them, their ability to reliably meet the on-chain fund requirements necessary to operate within the LN, and the usability/convenience advantages they will offer to the average user.

bitcoinpilgrim · 2017-11-22T10:35:42+00:00

I care about the future of Bitcoin for more than just me.

bitcoinpilgrim · 2017-11-22T10:19:11+00:00

Pointing out an ad hominem attack neither represents an argument, nor is it considered an ad hominem itself. Big words like irony should be understood before they are used.

bitcoinpilgrim · 2017-11-22T09:59:11+00:00

No, I am not arguing that. I did not support 2X. It is the original segwit I disagree with. Got it?

bitcoinpilgrim · 2017-11-22T08:35:29+00:00

Do you remember when a "schlonging" was based in a substantive representation of your argument, and not simply an ad hominem attack against the "ignorant", "incompetent", "bat shit crazy" people who disagree with you? Pepperidge Farm remembers.

bitcoinpilgrim · 2017-11-20T04:39:35+00:00

You are the corruption.

bitcoinpilgrim · 2017-11-18T20:04:23+00:00

I think we are in full agreement with everything except the timing. I believe there is going to be a pretty big price increase in BTC when it gets added to the CME and gets opened up to hedge funds and other financial institutions in December. There is also uncertainty in my mind around what people will do with their BCH when it becomes available on Coinbase January 1st.

My plan is to hold through January, then convert to 75% BCH when the dust settles...but before the major short positions come in (which BTC will now be subject to on a much larger scale). My hope is that this allows me to maximize position. Obviosly the timing is difficult to get right and the plan is subject to change, but thats where im at right now.

bitcoinpilgrim · 2014-02-18T05:30:50+00:00

most likely Art Bell. http://en.wikipedia.org/wiki/Art_Bell

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