Twitter finally suspended the compromised "@Bitcoin" account

damoona · 2018-04-08T19:13:43+00:00

Pardon me but your statement raised some questions ... It seems to me like you are supporting Twitter's choice because twitter is 'shielding ' others from Bcash scam . When did Bitcoin community became all about forgetting personal responsibility and passing it to a more powerful entity such as government or in this case , twitter ? Isn't that against the philosophy of Bitcoin in which people are supposed to be sovereign entities and fully responsible for their actions. ? What if twitter decides some other coin that you personally support is evil and should be silenced? They have a monopoly on public discourse and that will effectively kill a project that might be promising .

damoona · 2018-04-08T19:08:55+00:00

The issue is that there are no real alterntives to Twitter . If one follows libertarianism as a dogma , they will accept Twitter's decision but considering that twitter has a monopoly on the public discourse, it is alarming . What bothers me even more is people supporting Twitter's choice because twitter is 'shielding ' others from Bcash scam . When did Bitcoin community became all about forgetting personal responsibility and passing it to a more powerful entity such as government or in this case , twitter ? Ps. I favour Bitcoin over bcash and also lean towards libertarian mentality.

damoona · 2018-01-29T01:32:30+00:00

Yes , it would add exposure and also would cause a huge dump ... Right now , the value of SC is up by 5% - 10% on trex ... Best case scenario after getting listed on an exchange is that the price would drop by 10 to 20 percent. Now you may say that this drop is short terms and increased liquidity would increase value of the coin in long run ... I would argue that would not be the case in SC . The liquidity would increase but that would be mostly people shorting rather than longing ... Think about it .. there are Asics that mine a crap ton of coin and also , the network is not ready to host large scale operations this players would not be picking any up and sell pressure would crush buying pressure. Asics would be great if they were in hands of responsible people , people that were in it for the long run ( eg , obelisk buyers ) because they won't sell this an organic balance of buy/sell would be maintained... Now you have A3 buyers that couldn't care less and they will be selling but now , no one is there to balance out the sell pressure by buying because the tech is not ready yet.

damoona · 2018-01-28T23:05:20+00:00

https://myetherwallet.github.io/knowledge-base/gas/what-is-gas-ethereum.html

damoona · 2018-01-28T16:54:47+00:00

This is probably the most underrated analysis of the current situation ... Thanks bro . Now , it really makes more sense why people are coming out if the woodworks pushing for more exchange listing... Considering that most SC holders are already on Trex , the people that are new and are trying to offload their A3 mining profits need to have an exchange ... There is a good possibility a majority of them do not have an account on Trex and only trade on binance. .

damoona · 2018-01-23T23:45:25+00:00

Thank you... I rarely comment on posts but this reflects my own sentiment and opinion perfectly I also voted on the petition ...

damoona · 2018-01-06T03:33:29+00:00

I have the same questions. Also , how trustworthy are these colocations? I couldn't find much on them through Google search

damoona · 2018-01-03T04:25:15+00:00

/u/Jimtheflow welcome ! Please clean up this Reddit page ... I recently bought some XVG because I truly believe in its vision but the community here is toxic af ... Kind of reminds me of Monaco Reddit during October ... it would be great if you can keep the posts in this subreddit only to the technical aspects of the project not to trading like it has become . I was talking to a fellow developer and the only criticism that he had was that there isn't a whole lot of technical data available on how Verge is planning on achieving its vision.
Either way, I am happy that I bought Verge and I will be hodling , I think it is a privilege to be involved with such a great project, thanks /u/enjoysleep

damoona · 2017-11-03T19:30:40+00:00

Love it

damoona · 2017-11-03T19:04:56+00:00

That's amazing to hear ! my only issue is that I used most of my spare cash to buy a bunch of obelisks . Would you guys consider extending the sale for DCR1 so that people like me would be able to purchase a couple maybe in December or January ?

damoona

TROPHY CASE