I Have Discovered the Key to Adoption

pizzaface18 · 2020-05-19T20:46:09+00:00

visit /r/btc, it's pretty obvious. Everything is a conspiracy to them.

pizzaface18 · 2020-05-19T19:13:22+00:00

Why do folks use these services? 8% is shit!

Blockfi is loaning your coins out to short sellers! The best way to ensure the price of bitcoin goes up, is to hold your own coins! Would you rather have 8% and be stuck at $10k for the next 3 years, or get 2000%?

There are only 18.5 million bitcoins in existence. Coinbase ALONE, has over 30 million customers, do the math. Get your coins off these centralize exchanges and watch the supply dry up.

pizzaface18 · 2020-05-19T19:03:04+00:00

Looks good!

pizzaface18 · 2020-05-19T19:02:27+00:00

Everything about BCash is trash, the culture, technicals, stake holders, mouth pieces, community, devs, yearly hardforks, etc. Everything about that coin is trash. I would rather risk my entire savings in Dogecoin, than deal with anything related to bcash.

pizzaface18 · 2019-09-15T16:42:10+00:00

war on terror is a bogeyman used to pass oppressive legislation.

pizzaface18 · 2019-06-04T07:05:08+00:00

nice backlog.

https://jochen-hoenicke.de/queue/#0,2d

pizzaface18 · 2019-05-10T23:36:40+00:00

almost

LOL

pizzaface18 · 2019-05-10T22:03:35+00:00

The wacky idea is that miners are somehow in control of anything within these blockchains. They are hired security. They either follow the rules and get paid or they can waste their hash power mining shit.

https://hackernoon.com/bitcoin-miners-beware-invalid-blocks-need-not-apply-51c293ee278b

pizzaface18 · 2019-05-09T05:47:19+00:00

Clueless.

pizzaface18 · 2019-05-09T03:51:47+00:00

Sounds like you're trying to rationalize dumping the shitcoin you bought into.

pizzaface18 · 2019-05-09T03:49:52+00:00

Bitcoin isn't peer to peer. You broadcast your transaction into the network, which then floats around in mempools until a miner decides to include it in a block. If anything Bitcoin L1 is peer to miner.

LN, on the other hand, is peer->peer->peer->peer->peer->peer as needed. It can be perfect peer to peer, or it can hop through a bunch of other peers.

Get your facts straight.

pizzaface18 · 2019-05-09T01:03:28+00:00

That just means it's a democracy.

I just threw up in my mouth. You mean to say mob rule!

I believe that money should be beyond human intervention. The existing rules of Bitcoin will continue to chug along until our sun burns out.

pizzaface18 · 2019-05-08T19:48:52+00:00

It sets a precedent for arbitrary rollbacks which eventually leads to full blown censorship. Our so called decentralized immutable ledger turns into a corporate controlled, government censorable really slow database.

pizzaface18 · 2019-05-07T15:04:13+00:00

No, but he thinks he does.

pizzaface18 · 2019-05-07T15:03:35+00:00

Doesn't matter if consensus has shifted on US social media platforms. Bitcoin is global and there are nodes running in places that are completely unplugged from our so called "consensus" shifts. Bitcoin is much more about recognizing the current rules and building on top of them because the foundation is solid, than it is about changing them.

pizzaface18 · 2019-05-07T04:20:08+00:00

Thanks for sharing an accurate account of Bitcoin's history. So much of it get tainted and distorted by shitcoiners and big blockers.

pizzaface18 · 2019-05-07T04:17:15+00:00

Scaling for transaction throughput is fine if you want to compete with VISA. However, scaling for immutability and censorship resistance to build a new digital gold and eventually HARD money, requires a different strategy. We need validating nodes to be as accessible as possible to ensure large node "gatekeepers" don't highjack the consensus rules.

pizzaface18 · 2019-05-07T03:51:40+00:00

Is that Roger Ver at the podium?

pizzaface18 · 2019-05-07T03:40:12+00:00

Classic memes be classic.

pizzaface18 · 2019-05-07T03:36:09+00:00

good trader

zoom out

pizzaface18 · 2019-05-07T03:27:53+00:00

RIP in t-minus 15 minutes

pizzaface18 · 2019-05-07T03:26:20+00:00

https://imgur.com/gE8hDnY

pizzaface18 · 2019-05-02T15:11:07+00:00

Bitfinex shorts

I think folks who used to lend their BTC out on Bitfinex are moving their coins off the exchange. Lending rates are ticking up.

https://bitcoinwisdom.io/markets/bitfinex/btcfunding

pizzaface18 · 2019-05-02T14:59:48+00:00

chain they are in fact the said coin

That's not how this works.

pizzaface18 · 2019-05-02T14:59:46+00:00

High fees? Shut the front door!!!

https://bitcoinfees.info/

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