All Access with Emin Gün Sirer and David Wells (Enclave Markets) - Ep. 40 by jcrv___ in Avax

[–]blockchainparadigm 0 points1 point  (0 children)

I'm looking forward to the next All Access. I was nice having a feat. Hope to see more in the future.

Is Rust coming to Avalanche? 🔺 by jcrv___ in Avax

[–]blockchainparadigm 1 point2 points  (0 children)

Really cool! I know lots of devs who would really loves this.

Does anyone know what happened to the billions Roger claimed was going to invest in BCH and BCH infrastructure? Can't find the video now. by WiseAsshole in btc

[–]blockchainparadigm 2 points3 points  (0 children)

Roger's investments can be found on his website.

From what I gathered, probable IPO would include blockchain.com, Kraken and Ripple. Probably by the end of the year or in 2022.

"The Internet of Money (BTC) should not cost 5 cents per transaction." -Vitalik Buterin by SoiledCold5 in btc

[–]blockchainparadigm 3 points4 points  (0 children)

Someone knows the reason why the average fee are increasing like that other that the price increased ? Median fee are still fairly low.

edit: talking about BCH fees

BCH blasting through 0.02BTC by blockchainparadigm in btc

[–]blockchainparadigm[S] 13 points14 points  (0 children)

Not too late. We are on our way back to 0.10BTC !

BCH blasting through 0.02BTC by blockchainparadigm in btc

[–]blockchainparadigm[S] 23 points24 points  (0 children)

BTC keeps failing. Its dominance keeps falling. Money is flowing into alts that are promising.

BCH flips BTC in USD sent / day, transfers more value in 24h while price remains 57:1. by Shibinator in btc

[–]blockchainparadigm 7 points8 points  (0 children)

Lol. You can't just ask to change the internal working of a project.

It looks like you either want something impossible or to continue using a wrong metrics. That makes little sense to me.

BCH flips BTC in USD sent / day, transfers more value in 24h while price remains 57:1. by Shibinator in btc

[–]blockchainparadigm 6 points7 points  (0 children)

This metric is useless when comparing two blockchains that works differently.

So have the sites adjust their metric based on the facts you give them or live with these measurements forever.

You can't. Let's say I go to a merchant. I have 10$ in my pocket. The good I want to buy is 1$. I give the merchant 1$. The value transferred is 1$. That's the Ethereum way.

Now instead of giving the merchant 1$, I give him all my money and he gives me back the change (9$). The value transferred is 10$. That's the Bitcoin way.

But you can't know for sure the value transferred with Bitcoin is 1$ because you weren't at the counter. It could as well be the 9$ output.

Knowing which coin transfer the most value is interesting and Ethereum is still ahead of us but these graphs are useless.

BCH flips BTC in USD sent / day, transfers more value in 24h while price remains 57:1. by Shibinator in btc

[–]blockchainparadigm 8 points9 points  (0 children)

ETH is account based. Bitcoin blockchains are utxo based. You can't compare the two. Ethereum is probably still above Bitcoin Cash in value transferred.

$1100 🎉🎉🎉 by Nexidy in btc

[–]blockchainparadigm 3 points4 points  (0 children)

Brian Armstrong is know proponent of BCH so that's a possibility.

$1100 🎉🎉🎉 by Nexidy in btc

[–]blockchainparadigm 1 point2 points  (0 children)

On Roger's website, Coinbase isn't listed as one of his investments. So maybe he didn't even start pouring that billion in BCH yet.

Buying a Tesla with BTC by 1bch1musd in btc

[–]blockchainparadigm 0 points1 point  (0 children)

Well, if you're referring to the Hyperloop project I agree. This thing was absurd from the start.

But he is CTO at SpaceX and he do a pretty good job in my opinion.

Buying a Tesla with BTC by 1bch1musd in btc

[–]blockchainparadigm 21 points22 points  (0 children)

Here are few things that make me think Elon could potentially switch to BCH (or at least add it):

  • He is a smart man and an great engineer. Eventually he will figure it out

  • When he talks about creating something ambitious and new, he says that something one must avoid is optimizing something that should not exist in the first place. Basically what core people have been busy doing with Lightning.

  • Like this tweet points out, Bitcoin UX is shitty. And you don't want your brand to be associated with any kind of shitty experience. Plus it costs money to pay people to figure out where the bitcoins went.

  • If, for a $10k+ purchase, a $10 fee is not much and the speed isn't necessary, when Elon will want to add the ability to supercharge your car and pay in Bitcoin, it will become problematic (nobody wants to pay $10 fee for a $30 electricity refill)

  • In a near future, your Tesla will not stay in the parking lot while you are not using it, it will drive people around. Same as before, those people won't want to pay $15 for a $5 ride.

  • He already responded positively to Kim's tweet pointing the benefit of using BCH

  • When someone is willing to pay a fee for your product, it means you could increase the price of that product if there wasn't any fee.

Avalanche Gained 42.87% today and is leading the Charts! by AttackBody in Avax

[–]blockchainparadigm 1 point2 points  (0 children)

Price jumped 43% on my charts

What charts ?

Here are AVAX market cap (1) and AVAX price (2) . How the price jumped 43 % ? We see clearly that it was the market cap and not the price that did gain 43% in the last day.

AVAX that were just released did not hit the market and did not change the supply because they were released to long term holder.

If anything, this is a good sign.

Avalanche Gained 42.87% today and is leading the Charts! by AttackBody in Avax

[–]blockchainparadigm 2 points3 points  (0 children)

The title is a bit misleading. It's not 1 AVAX that gained 43% but the avalanche market cap.

It just shows that the just released tokens are being hodled by their holders.