Gold collapsing. Bitcoin UP.

[cypherdoc]

the momentum is impressive:

WSJ News Exclusive | Bitcoin to Come to America’s Oldest Bank, BNY Mellon

The custody bank said it will hold, transfer and issue bitcoin and other cryptocurrencies on behalf of its asset-management clients.

www.wsj.com

 

[AdrianX]

when... CSW going to shut down that bucket shop, scammer, criminals.

 

[79b79aa8]

soon

 

[cbeast]

It's probably better to just let the house of cards fall and focus on building utility. I could see a younger Kevin Costner playing Craig in the film.

 

[cypherdoc]

 

[AdrianX]

This BTC thing can go either way, Bitcoin to be a useful system for the transferring of vale needs to accommodate millions of transactions, put simply people need to be able to use it. There is one bitcoin that's optimizing for that type of scale, there is another that people are FOMOing into.

Post automatically merged: Feb 12, 2021

OMG there is a tidal wave of support unfolding https://www.theglobeandmail.com/business/article-canada-approves-worlds-first-bitcoin-etf-for-retail-investors/

Canada printing money like it'll never need to pay it back, it's on the up and up again.

A practical interpretation of this type of government manipulating is forcing people into speculating on all sorts of things just to hedge the inflation risk. The Bottom line first-bitcoin-etf-for-retail-investors is probably going to see demand.

 

[cypherdoc]

BCH and BSV rallying hard

 

[cypherdoc]

WTH?:


here's a thought question; who has more power/influence over the future of money? Elon or Bitcoin? i know who i'm going with.

 

[bitsko]

lol dogecoin is fundamentally broken and elon musk is high on carbon credits.

 

[79b79aa8]

pump DOGE, pump BTC, the reality is the same: those coins cannot handle global throughput (though BTC does not pretend to vie for that anymore).

(a) neither chain can handle txn capacity on the order of the visa network (which will eventually be quaint);

(b) fee per txn increases too fast.

log chart:

Bitcoin, Dogecoin Avg. Transaction Fee Chart

Bitcoin, Dogecoin Average transaction fee, USD Chart

bitinfocharts.com

 

[cypherdoc]

this bears watching. 10y UST index has been rising since 3/20. inflation?:

Post automatically merged: Feb 15, 2021

mobs never win:

 

[cypherdoc]

pretty big move today. that's really not good:

Post automatically merged: Feb 16, 2021

and it's mirror image down:

 

[cypherdoc]

GBTC tends to lead. we should be going over 50K soon:

 

[cbeast]

The exuberance in the valuation in the sustainability of BTC is the same as that in the stock market. It's driven by the same people because they think (know?) they can exit before everyone else. Not a conspiracy theory. Wall Street is just a viper's pit. Cryptokiddies are the new OWS that the big boys will laugh at from their office windows when they get rekt. This is why I prefer the tech they hate so much. Their hate is their tell.

 

[cypherdoc]

Gold collapsing. Bitcoin UP:

 

[AdrianX]

Binance Coin out of nowhere, competing with Etherium. According to this Binance coin (BNB trading for $376 today) was an ICO that raised $15M at a unit price of $0.15, and the other 50% used for PR.

And the crazy thing they issued 200M tokens and every 3 months Binance buys back BNB with the intent to destroys 100 million Binance coins – 50% of the total supply, so only the promoters end up with the issued coins.

So they raise $15,000,000 in an ICO and now have a $37,600,000,000 financial liability. WTF kind of space is this?

​

Binance has a competing token Binance USD, and it seems Euro is the only fiat currency fueling this massive clime in price.

 

[cypherdoc]

continuing to climb:

 

[BcashLOL]

To be clear, discussion here will not be confined to that of precious metals. It is meant to be multi-dimensional to discuss the important aspects of the day in Bitcoin world.

Do "the important aspects of the day in the Bitcoin world" include mentioning the fact that Bitcoin (the REAL, longest-valid-by-Namamoto-Concensus chain) now has a market cap of over ONE TRILLION DOLLARS and that BcashSV (a fake version of a fake version of the real Bitcoin) has fallen a couple of ranks below Monero in market cap?

Is this what you expected would happen when you went to war against against OG Cyberpunk Gods like Adam Back and Greg Maxwell, with only fools and clowns like Jihan Wu, Peter Rizun, Roger Ver, Craig Wright, and Calvin Ayre on your side?

Or has Bcash turned into the dumpster fire the Core people said it would since the beginning?

Post automatically merged: Feb 20, 2021

BTC $1 TRILLION
BCASH $0.01 TRLLION

*TAPS PLAYS FOR BCASH*


LTC $16 BILLION
XMR $5 BILLION
BSV $4 BILLION

*SADDEST OF SAD TROMBONES PLAYS FOR BSV*

F

 

[Bloomie]

@BcashLOL I suspect if you actually held any BTC, you would be celebrating right now instead of trolling imaginary enemies on an internet forum. You should try asking Adam and Greg to throw a few satoshis your way, would probably make you a happier person.

 

[AdrianX]

Is this what you expected would happen when you went to war against OG Cyberpunk Gods like Adam Back and Greg Maxwell, with only fools and clowns like Jihan Wu, Peter Rizun, Roger Ver, Craig Wright, and Calvin Ayre on your side?

Pointing out someone is wrong is not a declaration of war. Most All rational Bitcoiners who were into bitcoin before Adam Back arrived on the sean paid less than $1000. Adam Back is a laggard.

The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is