Updates tagged with bitcoin on Arkwood Pond Social!
lnxw48a1: https://www.forbes.com/sites/jasonbrett/2020/06/19/interview-with-bitcoin-and-black-america-author/ [www forbes com] An interview with Isaiah Jackson, author of "Bitcoin and Black America" ... he talks about some of the impact of racism in the financial system and in the laws that underlie it. And he sees #cryptocurrencies, particularly #Bitcoin #BTC as one way to disarm that.
lnxw48a1's status on Tuesday, 20-Dec-2022 18:32:37 UTC
https://www.forbes.com/sites/jasonbrett/2020/06/19/interview-with-bitcoin-and-black-america-author/ [www forbes com] An interview with Isaiah Jackson, author of "Bitcoin and Black America" ... he talks about some of the impact of racism in the financial system and in the laws that underlie it. And he sees #cryptocurrencies, particularly #Bitcoin #BTC as one way to disarm that.
lnxw48a1: I missed it, but it appears that #OpenBazaar is gone. Their #Twitter account has some details (from early 2021). OB was a fee-free peer-to-peer marketplace. I think it was based on #cryptocurrencies ... at least #Bitcoin #BTC.
lnxw48a1's status on Sunday, 18-Dec-2022 02:36:46 UTC
I missed it, but it appears that #OpenBazaar is gone. Their #Twitter account has some details (from early 2021). OB was a fee-free peer-to-peer marketplace. I think it was based on #cryptocurrencies ... at least #Bitcoin #BTC.
lnxw48a1: At one time, #Daddy_A had a small amount of #BTC ( #Bitcoin ), a small amount of #BCH ( Bitcoin Cash https://bitcoincash.org/ ) and an even smaller amount of #BSV ( Bitcoin Satoshi's Vision https://bitcoinsv.com/ ). I should ask him whether he still has any #cryptocurrency. It sounds like BSV had some good ideas, but I think most of those were already in the pipeline before BSV split from BCH. I'm talking about things like increasing the block size, so that more transactions can be processed in each ten minute interval. BSV currently has a market-determined variable block size and BCH has a 32MB block size. The original BTC still uses 1MB ... which causes contention for fewer slots inside the block, and raises both transaction costs and the average wait time for transactions to process. AFAIK, BSV is the only member of the Bitcoin family to give major attention to smart contracts ... including creating a new scripting language ( "sCrypt":{https://scrypt.io/} ) to make them easier. IMO, "smart contracts" make it easier to create non-financial applications for #blockchains and other ledgers. BSV is also tainted by Craig Wright's claim to be Satoshi Nakamoto, the inventor of Bitcoin. https://www.coindesk.com/layer2/2022/10/21/in-craig-wright-verdict-reality-prevails/
lnxw48a1's status on Sunday, 04-Dec-2022 16:35:07 UTC
At one time, #Daddy_A had a small amount of #BTC ( #Bitcoin ), a small amount of #BCH ( Bitcoin Cash https://bitcoincash.org/ ) and an even smaller amount of #BSV ( Bitcoin Satoshi's Vision https://bitcoinsv.com/ ). I should ask him whether he still has any #cryptocurrency. It sounds like BSV had some good ideas, but I think most of those were already in the pipeline before BSV split from BCH. I'm talking about things like increasing the block size, so that more transactions can be processed in each ten minute interval. BSV currently has a market-determined variable block size and BCH has a 32MB block size. The original BTC still uses 1MB ... which causes contention for fewer slots inside the block, and raises both transaction costs and the average wait time for transactions to process. AFAIK, BSV is the only member of the Bitcoin family to give major attention to smart contracts ... including creating a new scripting language ( "sCrypt":{https://scrypt.io/} ) to make them easier. IMO, "smart contracts" make it easier to create non-financial applications for #blockchains and other ledgers. BSV is also tainted by Craig Wright's claim to be Satoshi Nakamoto, the inventor of Bitcoin. https://www.coindesk.com/layer2/2022/10/21/in-craig-wright-verdict-reality-prevails/
lnxw48a1: https://nu.federati.net/url/288784 [www coindesk com] #cryptocurrency exchange #Coinbase to end support for #Bitcoin Cash #BCH, #Ethereum Classic #ETC, #Ripple #XRP, #Stellar #XLM #cryptocurrencies.
lnxw48a1's status on Sunday, 04-Dec-2022 14:54:42 UTC
https://nu.federati.net/url/288784 [www coindesk com] #cryptocurrency exchange #Coinbase to end support for #Bitcoin Cash #BCH, #Ethereum Classic #ETC, #Ripple #XRP, #Stellar #XLM #cryptocurrencies.
lnxw48a1: This hilarious. https://nu.federati.net/url/288057 [www bloomberg com] US authorities seized a device containing millions of dollars worth of #Bitcoin. Then someone took the #BTC away from them.
lnxw48a1's status on Saturday, 08-Oct-2022 18:19:21 UTC
This hilarious. https://nu.federati.net/url/288057 [www bloomberg com] US authorities seized a device containing millions of dollars worth of #Bitcoin. Then someone took the #BTC away from them.
lnxw48a1: Leader of #El_Salvador talks about people who disagree with his nation's use of #Bitcoin as one of their official currencies. https://bitcoinmagazine.com/print/stop-drinking-the-elites-kool-aid [bitcoinmagazine com] #BTC
lnxw48a1's status on Saturday, 01-Oct-2022 04:10:26 UTC
Leader of #El_Salvador talks about people who disagree with his nation's use of #Bitcoin as one of their official currencies. https://bitcoinmagazine.com/print/stop-drinking-the-elites-kool-aid [bitcoinmagazine com] #BTC
lnxw48a1: !econusa US Treasury recommends exploring "Digital Dollar" #CDBC https://nu.federati.net/url/287868 [www usnews com] While we cannot yet know whether a CBDC will happen or what form it will take, what is certain is that the growth of #cryptocurrencies is inspiring this global trend of investigation the creation of national CBDCs. #Bitcoin #BTC #Ethereum #ETH #Ripple #XRP
lnxw48a1's status on Wednesday, 21-Sep-2022 04:45:02 UTC
!econusa US Treasury recommends exploring "Digital Dollar" #CDBC https://nu.federati.net/url/287868 [www usnews com] While we cannot yet know whether a CBDC will happen or what form it will take, what is certain is that the growth of #cryptocurrencies is inspiring this global trend of investigation the creation of national CBDCs. #Bitcoin #BTC #Ethereum #ETH #Ripple #XRP
lnxw48a1: #ECB discusses cross-border payments. https://nu.federati.net/url/287239 [www ecb europa eu] #Bitcoin #Cryptocurrency #BTC #Ripple #XRP
lnxw48a1's status on Tuesday, 02-Aug-2022 20:48:15 UTC
#ECB discusses cross-border payments. https://nu.federati.net/url/287239 [www ecb europa eu] #Bitcoin #Cryptocurrency #BTC #Ripple #XRP
lnxw48a1: Watching someone's #Twitch stream. First of all, y'all use waaay too many gamer words. Secondly, they in room chat veered into #cryptocurrencies. My answer (not available in the chat, because I'm not a member): I don't specifically care about the method (cryptographically signed blocks of transactions, chained together via a consensus algorithm), but I care about breaking people free from the control of banksters and believe that should be a priority for all of us. That is why I care about #Bitcoin, #Ethereum and similar currencies.
lnxw48a1's status on Saturday, 07-May-2022 23:35:07 UTC
Watching someone's #Twitch stream. First of all, y'all use waaay too many gamer words. Secondly, they in room chat veered into #cryptocurrencies. My answer (not available in the chat, because I'm not a member): I don't specifically care about the method (cryptographically signed blocks of transactions, chained together via a consensus algorithm), but I care about breaking people free from the control of banksters and believe that should be a priority for all of us. That is why I care about #Bitcoin, #Ethereum and similar currencies.
lnxw48a1: https://evanhatch.medium.com/len-sassaman-and-satoshi-e483c85c2b10 [evanhatch medium com] Speculation about the identity of #Satoshi, the pseudonymous creator of #Bitcoin. Brings lots of coincidences in to support the choice of candidate. Probably a much more solid case than Craig Wright’s claim. #cryptocurrency #BTC #Satoshi_Nakamoto
lnxw48a1's status on Sunday, 10-Oct-2021 19:06:49 UTC
https://evanhatch.medium.com/len-sassaman-and-satoshi-e483c85c2b10 [evanhatch medium com] Speculation about the identity of #Satoshi, the pseudonymous creator of #Bitcoin. Brings lots of coincidences in to support the choice of candidate. Probably a much more solid case than Craig Wright’s claim. #cryptocurrency #BTC #Satoshi_Nakamoto
lnxw48a1: https://dailyhodl.com/2021/07/29/litecoin-ltc-sparks-crypto-adoption-with-big-e-retailer-on-board/ [dailyhodl com] #NewEgg now accepts #LiteCoin ( #LTC ) #cryptocurrency for payment in addition to #Bitcoin ( #BTC ) and #DOGEcoin ( #DOGE ). > According to Newegg’s senior brand manager Andrew Choi, the integration of Litecoin is about making the customer experience more flexible and convenient. > "Delivering a better online shopping experience isn’t only about price and selection – it’s also important to let people shop however they want, and that extends to offering flexible payment options." > Newegg has been using BitPay to accept Bitcoin (BTC) since 2014 and Dogecoin (DOGE) since early this year.
lnxw48a1's status on Friday, 06-Aug-2021 06:21:32 UTC
https://dailyhodl.com/2021/07/29/litecoin-ltc-sparks-crypto-adoption-with-big-e-retailer-on-board/ [dailyhodl com] #NewEgg now accepts #LiteCoin ( #LTC ) #cryptocurrency for payment in addition to #Bitcoin ( #BTC ) and #DOGEcoin ( #DOGE ). > According to Newegg’s senior brand manager Andrew Choi, the integration of Litecoin is about making the customer experience more flexible and convenient. > "Delivering a better online shopping experience isn’t only about price and selection – it’s also important to let people shop however they want, and that extends to offering flexible payment options." > Newegg has been using BitPay to accept Bitcoin (BTC) since 2014 and Dogecoin (DOGE) since early this year.
lnxw48a1: > The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third party. https://bitcoin.org/bitcoin.pdf Section 10. Well, there's the seller, the buyer, the seller's bank, the buyer's bank, and the seller's card processing agent. In some cases two or more of the third parties are the same organization, but usually they are not. You don't necessarily trust the other party's bank or the payment intermediary, either. Sometimes, you just hope that your bank will be willing and able reverse the transaction if you have a problem. Yes, there really is a need for #DeFi. #Bitcoin | #Cryptocurrencies | #Trust | #Intermediaries | #Gatekeepers
lnxw48a1's status on Sunday, 04-Jul-2021 04:49:58 UTC
> The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third party. https://bitcoin.org/bitcoin.pdf Section 10. Well, there's the seller, the buyer, the seller's bank, the buyer's bank, and the seller's card processing agent. In some cases two or more of the third parties are the same organization, but usually they are not. You don't necessarily trust the other party's bank or the payment intermediary, either. Sometimes, you just hope that your bank will be willing and able reverse the transaction if you have a problem. Yes, there really is a need for #DeFi. #Bitcoin | #Cryptocurrencies | #Trust | #Intermediaries | #Gatekeepers
lnxw48a1: Congressperson: The Federal Reserve is "Dogecoining the US dollar" https://decrypt.co/72818/federal-reserve-dogecoining-us-dollar-rep-davidson [decrypt co] #The_Fed #BTC #Bitcoin #Dogecoin #USDollar #cryptocurrency !econusa Obviously, there is a point where the combination of the Fed's policies and Congress's borrow-and-spend policies will trigger inflationary price increases. No one knows for certain where that point is, but the Fed's operative assumption is based on doubling the money supply in one year during the 2008-2011 recession without any perceptible impact on prices.
lnxw48a1's status on Wednesday, 30-Jun-2021 20:00:54 UTC
Congressperson: The Federal Reserve is "Dogecoining the US dollar" https://decrypt.co/72818/federal-reserve-dogecoining-us-dollar-rep-davidson [decrypt co] #The_Fed #BTC #Bitcoin #Dogecoin #USDollar #cryptocurrency !econusa Obviously, there is a point where the combination of the Fed's policies and Congress's borrow-and-spend policies will trigger inflationary price increases. No one knows for certain where that point is, but the Fed's operative assumption is based on doubling the money supply in one year during the 2008-2011 recession without any perceptible impact on prices.
lnxw48a1: https://www.bbc.co.uk/news/business-57169726 #Bitcoin and other #cryptocurrency prices continue their fall. #BTC #ETH #DOGE
lnxw48a1's status on Wednesday, 19-May-2021 23:09:45 UTC
https://www.bbc.co.uk/news/business-57169726 #Bitcoin and other #cryptocurrency prices continue their fall. #BTC #ETH #DOGE
lnxw48a1: #MIT joining #cryptocurrency industry in effort to strengthen #Bitcoin security https://nu.federati.net/url/279964 [cointelegraph com] #BTC #XTC
lnxw48a1's status on Friday, 26-Feb-2021 06:24:17 UTC
#MIT joining #cryptocurrency industry in effort to strengthen #Bitcoin security https://nu.federati.net/url/279964 [cointelegraph com] #BTC #XTC
lnxw48a1: I'm not sure they know what they're doing. Some government agencies probably still think #Bitcoin is a gold-color token, like something you would use at Chuck E. Cheese. Though they did take the time to call out #stablecoins as one type that banks & thrifts can use, so they have at least read that much.
lnxw48a1's status on Tuesday, 05-Jan-2021 16:48:16 UTC
I'm not sure they know what they're doing. Some government agencies probably still think #Bitcoin is a gold-color token, like something you would use at Chuck E. Cheese. Though they did take the time to call out #stablecoins as one type that banks & thrifts can use, so they have at least read that much.
lnxw48a1: So, it looks like I’m going to have to try out one or more #cryptocurrencies, such as #Bitcoin ( BTC ) or #Ethereum ( #ETH ). But I’m not pretending that I can time the market, so I’m not looking to buy something that will rise high enough to make me a millionaire. I’m looking at them as a medium of exchange, a means to facilitate purchases and sales. At this point, I’m not looking at them as a store of value, and certainly not as an investment. Despite my insistence in conversations with #sonTwo that he should likewise consider cryptocurrency only as a means to purchase things, his father-in-law has been reading about sky-high #BTC prices and is putting up a small amount of money to get started investing in #cryptocurrency.
lnxw48a1's status on Tuesday, 29-Dec-2020 06:48:18 UTC
So, it looks like I’m going to have to try out one or more #cryptocurrencies, such as #Bitcoin ( BTC ) or #Ethereum ( #ETH ). But I’m not pretending that I can time the market, so I’m not looking to buy something that will rise high enough to make me a millionaire. I’m looking at them as a medium of exchange, a means to facilitate purchases and sales. At this point, I’m not looking at them as a store of value, and certainly not as an investment. Despite my insistence in conversations with #sonTwo that he should likewise consider cryptocurrency only as a means to purchase things, his father-in-law has been reading about sky-high #BTC prices and is putting up a small amount of money to get started investing in #cryptocurrency.
lnxw48a1: One of the big issues I have with #blockchain is that people lost all rationality once they saw the prices that #Bitcoin ( #BTC ) has reached. Suddenly, everything is blockchains when most things are not improved in any way by adding a blockchain. And of course, whenever sleazeballs smell dummies with money, they start rolling out scam after scam using the magic word or phrase that convinces people to open their wallets and bank accounts.
lnxw48a1's status on Saturday, 05-Dec-2020 06:01:39 UTC
One of the big issues I have with #blockchain is that people lost all rationality once they saw the prices that #Bitcoin ( #BTC ) has reached. Suddenly, everything is blockchains when most things are not improved in any way by adding a blockchain. And of course, whenever sleazeballs smell dummies with money, they start rolling out scam after scam using the magic word or phrase that convinces people to open their wallets and bank accounts.
lnxw48a1: Judge rules that #Bitcoin is a form of money. https://nu.federati.net/url/273306
lnxw48a1's status on Sunday, 26-Jul-2020 20:18:10 UTC
Judge rules that #Bitcoin is a form of money. https://nu.federati.net/url/273306
lnxw48a1: What? #PIA hired Mark Karpeles (of #MtGox #Bitcoin exchange infamy) as their security officer? https://news.ycombinator.com/item?id=21685796
lnxw48a1's status on Wednesday, 04-Dec-2019 04:59:43 UTC
What? #PIA hired Mark Karpeles (of #MtGox #Bitcoin exchange infamy) as their security officer? https://news.ycombinator.com/item?id=21685796
lnxw48a1: @devurandom Are they teaching #Bitcoin / #Blockchain as part of #Algebra? Or did they just grab a catchy logo to put on the book's cover?
lnxw48a1's status on Sunday, 08-Sep-2019 15:31:55 UTC
@devurandom Are they teaching #Bitcoin / #Blockchain as part of #Algebra? Or did they just grab a catchy logo to put on the book's cover?
lnxw48a1: @moonman https://shitposter.club/notice/9hRIKf9PjZQpgqrzGK I was never enthusiastic, but watching the #BItcoin focus shift to attracting price speculators away from becoming a viable transaction-facilitating exchange medium dissipated my interest. #BTC #BCH
lnxw48a1's status on Wednesday, 03-Apr-2019 19:04:35 UTC
@moonman https://shitposter.club/notice/9hRIKf9PjZQpgqrzGK I was never enthusiastic, but watching the #BItcoin focus shift to attracting price speculators away from becoming a viable transaction-facilitating exchange medium dissipated my interest. #BTC #BCH
deadsuperhero: "John McAfee, Bitcoin supporter and founder of the popular McAfee antivirus software, is being very positive about #Bitcoin. He predicted that Bitcoin price will hit $1 million by 2020 following last year’s prediction of $7000 which was well surpassed."
deadsuperhero's status on Monday, 20-Aug-2018 22:09:41 UTC
"John McAfee, Bitcoin supporter and founder of the popular McAfee antivirus software, is being very positive about #Bitcoin. He predicted that Bitcoin price will hit $1 million by 2020 following last year’s prediction of $7000 which was well surpassed."
lnxw48a1: True value of #Bitcoin: economists disagree on true valuation. https://nu.federati.net/url/129118 !cryptocurrency !economics
lnxw48a1's status on Sunday, 22-Apr-2018 12:10:15 UTC
True value of #Bitcoin: economists disagree on true valuation. https://nu.federati.net/url/129118 !cryptocurrency !economics
lnxw48a1: Someone was talking about #OpenBazaar recently, including mentioning high transaction fees for #Bitcoin use. Here's what they said about it a while ago: https://www.openbazaar.org/blog/openbazaar-bitcoin-fees/ #btc
lnxw48a1's status on Saturday, 03-Feb-2018 13:51:57 UTC
Someone was talking about #OpenBazaar recently, including mentioning high transaction fees for #Bitcoin use. Here's what they said about it a while ago: https://www.openbazaar.org/blog/openbazaar-bitcoin-fees/ #btc
lnxw48a1: #sonTwo asked me a while back whether his father-in-law should "invest" in #Bitcoin. I said "absolutely not; prices rise and fall so quickly that he'd be better off going to a casino". During my son's recent move, the in-laws helped them and the father-in-law told him to thank me for my answer.
lnxw48a1's status on Friday, 02-Feb-2018 12:41:26 UTC
#sonTwo asked me a while back whether his father-in-law should "invest" in #Bitcoin. I said "absolutely not; prices rise and fall so quickly that he'd be better off going to a casino". During my son's recent move, the in-laws helped them and the father-in-law told him to thank me for my answer.
rw: https://shitposter.club/url/1468513 #bitcoin
rw's status on Thursday, 18-Jan-2018 15:03:12 UTC
https://shitposter.club/url/1468513 #bitcoin
lnxw48a1: https://www.coindesk.com/bitcoin-dropped-22-5-to-weekly-low-from-all-time-high/ http://fortune.com/2017/12/21/bitcoin-price-drops-infighting/ #bitcoin #btc #bch
lnxw48a1's status on Friday, 22-Dec-2017 03:46:22 UTC
https://www.coindesk.com/bitcoin-dropped-22-5-to-weekly-low-from-all-time-high/ http://fortune.com/2017/12/21/bitcoin-price-drops-infighting/ #bitcoin #btc #bch
mattcropp: All the #cryptocurrency discourse of late has me thinking back to the early days (9/21/11) of #OWS, when I rolled into #Zuccotti with this sign and a #Bitcoin shirt...Flash forward 6+ years. What're the most #cooperatively designed and oriented #crypto projects right now that contribute to building a financial system that works for everyone?#ico #platformcoop #workercoop #creditunion #coopfinance
mattcropp's status on Sunday, 17-Dec-2017 04:24:08 UTC
All the #cryptocurrency discourse of late has me thinking back to the early days (9/21/11) of #OWS, when I rolled into #Zuccotti with this sign and a #Bitcoin shirt... Flash forward 6+ years. What're the most #cooperatively designed and oriented #crypto projects right now that contribute to building a financial system that works for everyone? #ico #platformcoop #workercoop #creditunion #coopfinance
lnxw48a1: @perspicacious01 Currently, #Bitcoin is rapidly heading toward #gold_rush status. Everyone floods into an area, hoping to dig up enough gold nuggets to become rich. Right now, people are flooding into #BTC, hoping to buy and hold a little #cryptocurrency long enough to sell it for enough money to become rich.
lnxw48a1's status on Monday, 11-Dec-2017 01:30:00 UTC
@perspicacious01 Currently, #Bitcoin is rapidly heading toward #gold_rush status. Everyone floods into an area, hoping to dig up enough gold nuggets to become rich. Right now, people are flooding into #BTC, hoping to buy and hold a little #cryptocurrency long enough to sell it for enough money to become rich.
lnxw48a1: @perspicacious01 What do you mean when you say #Bitcoin is "secure"? Theft resistance? Tell that to the people whose #BTC was stolen from various #cryptocurrency exchanges. Resistance to manipulation? A few very large mining pools could very well conspire to manipulate it. Somewhere North of 50% of total mining/hashing volume, they could do whatever they wish without anyone being able to resist.
lnxw48a1's status on Monday, 11-Dec-2017 01:22:08 UTC
@perspicacious01 What do you mean when you say #Bitcoin is "secure"? Theft resistance? Tell that to the people whose #BTC was stolen from various #cryptocurrency exchanges. Resistance to manipulation? A few very large mining pools could very well conspire to manipulate it. Somewhere North of 50% of total mining/hashing volume, they could do whatever they wish without anyone being able to resist.
lnxw48a1: https://is.gd/RnR9uY Ars explains #Bitcoin_Gold, a fork of #Bitcoin. #BTC #BTG (Passing mention of #Bitcoin_Cash, #BCH, in the article.)
lnxw48a1's status on Sunday, 10-Dec-2017 14:55:40 UTC
https://is.gd/RnR9uY Ars explains #Bitcoin_Gold, a fork of #Bitcoin. #BTC #BTG (Passing mention of #Bitcoin_Cash, #BCH, in the article.)
lnxw48a1: @perspicacious01 Oh, #Bitcoin _is_ volatile. Even if the general trend for the past year or so has been up, there have been some spectacular drops in that time. But if #BTC is proven to have any real value, it will have to come from being a medium for transactions, not as a playground for high-stakes gambling.
lnxw48a1's status on Sunday, 10-Dec-2017 13:32:53 UTC
@perspicacious01 Oh, #Bitcoin _is_ volatile. Even if the general trend for the past year or so has been up, there have been some spectacular drops in that time. But if #BTC is proven to have any real value, it will have to come from being a medium for transactions, not as a playground for high-stakes gambling.
lnxw48a1: @perspicacisous01@quitter.se Oh, #Bitcoin _is_ volatile. Even if the general trend for the past year or so has been up, there have been some spectacular drops in that time. But if #BTC is proven to have any real value, it will have to come from being a medium for transactions, not as a playground for high-stakes gambling.
lnxw48a1's status on Sunday, 10-Dec-2017 13:32:06 UTC
@perspicacisous01@quitter.se Oh, #Bitcoin _is_ volatile. Even if the general trend for the past year or so has been up, there have been some spectacular drops in that time. But if #BTC is proven to have any real value, it will have to come from being a medium for transactions, not as a playground for high-stakes gambling.
lnxw48a1: "Please invest responsibly — an important message from the Coinbase team" The cryptocurrency exchange #Coinbase sent out a message to their users recently, advising people not to become too heavily invested in #BTC. "We also wanted to remind customers of some of the risks associated with trading digital currency. Digital currencies are volatile and the prices can go up and down. Due to the rapidly changing price of digital currencies, some customers may not have sell limits that are sufficient relative to the value of total digital currency they are storing on Coinbase. Sell limits are one of the many measures Coinbase takes to protect client accounts and assets." I guess they are worried about "irrational exhuberance" behind the current rise in the price of #Bitcoin. !cryptocurrency
lnxw48a1's status on Saturday, 09-Dec-2017 23:17:31 UTC
"Please invest responsibly — an important message from the Coinbase team" The cryptocurrency exchange #Coinbase sent out a message to their users recently, advising people not to become too heavily invested in #BTC. "We also wanted to remind customers of some of the risks associated with trading digital currency. Digital currencies are volatile and the prices can go up and down. Due to the rapidly changing price of digital currencies, some customers may not have sell limits that are sufficient relative to the value of total digital currency they are storing on Coinbase. Sell limits are one of the many measures Coinbase takes to protect client accounts and assets." I guess they are worried about "irrational exhuberance" behind the current rise in the price of #Bitcoin. !cryptocurrency
mayel: "The #bitcoin #cryptocurrency was supposed to replace the #finance industry. Instead, it has replicated it.Nakamoto wanted to create a system for #payments that would circumvent governments, bankers, and corporations. Instead, Bitcoin is now a get-rich-quick scheme that retains none of the exciting, anarchist features it proposed and has created a secondary #economy with financial shenanigans that mirror the ones that led to the global financial crisis."https://theoutline.com/post/2592/bitcoin-is-none-of-the-things-it-was-supposed-to-be
mayel's status on Saturday, 09-Dec-2017 12:20:08 UTC
"The #bitcoin #cryptocurrency was supposed to replace the #finance industry. Instead, it has replicated it. Nakamoto wanted to create a system for #payments that would circumvent governments, bankers, and corporations. Instead, Bitcoin is now a get-rich-quick scheme that retains none of the exciting, anarchist features it proposed and has created a secondary #economy with financial shenanigans that mirror the ones that led to the global financial crisis." https://theoutline.com/post/2592/bitcoin-is-none-of-the-things-it-was-supposed-to-be
lnxw48a1: #cryptocrime $71 million worth of #bitcoin !cryptocurrency stolen. http://money.cnn.com/2017/12/07/technology/nicehash-bitcoin-theft-hacking/index.html?iid=TL_Popular
lnxw48a1's status on Thursday, 07-Dec-2017 16:19:23 UTC
#cryptocrime $71 million worth of #bitcoin !cryptocurrency stolen. http://money.cnn.com/2017/12/07/technology/nicehash-bitcoin-theft-hacking/index.html?iid=TL_Popular
benis: @maiyannah @aemon ohshitohshit thanks guys!https://archive.is/DEZ0c>Coinbase ordered to give the IRS data on users trading more than $20,000 !cryptocurrency #Bitcoin
benis's status on Sunday, 03-Dec-2017 22:32:57 UTC
@maiyannah @aemon ohshitohshit thanks guys! https://archive.is/DEZ0c >Coinbase ordered to give the IRS data on users trading more than $20,000 !cryptocurrency #Bitcoin
lnxw48a1: @deadsuperhero @dtluna My understanding is that mining was designed to stop producing positive returns, so that miners would switch to transaction fees after a while. (But I should emphasize that there is a lot more reading about #Bitcoin and other #cryptocurrencies that I should be doing.)
lnxw48a1's status on Sunday, 26-Nov-2017 22:54:52 UTC
@deadsuperhero @dtluna My understanding is that mining was designed to stop producing positive returns, so that miners would switch to transaction fees after a while. (But I should emphasize that there is a lot more reading about #Bitcoin and other #cryptocurrencies that I should be doing.)
lnxw48a1: According to a poster in #bitcoin (not sure whether the room is #Matrix or #IRC, but I'm viewing on Matrix), #BTC fork #BCH is surging due to possible manipulation in three South Korean exchange markets. Links to https://is.gd/2VMwNU ... which shows one market has over half the volume (4 more have about 29%, so in total, five exchanges handling 80% of volume). #cryptocurrency
lnxw48a1's status on Sunday, 29-Oct-2017 17:07:58 UTC
According to a poster in #bitcoin (not sure whether the room is #Matrix or #IRC, but I'm viewing on Matrix), #BTC fork #BCH is surging due to possible manipulation in three South Korean exchange markets. Links to https://is.gd/2VMwNU ... which shows one market has over half the volume (4 more have about 29%, so in total, five exchanges handling 80% of volume). #cryptocurrency
lnxw48a1: https://www.reddit.com/r/ethtrader/comments/786mnr/bitcoin_gold_has_been_lying_on_their_webpage/ and https://bitcoinmagazine.com/articles/bitcoin-beginners-guide-surviving-bgold-and-segwit2x-forks/ #bitcoin #cryptocurrency
lnxw48a1's status on Tuesday, 24-Oct-2017 00:40:26 UTC
https://www.reddit.com/r/ethtrader/comments/786mnr/bitcoin_gold_has_been_lying_on_their_webpage/ and https://bitcoinmagazine.com/articles/bitcoin-beginners-guide-surviving-bgold-and-segwit2x-forks/ #bitcoin #cryptocurrency
lnxw48a1: http://www.investopedia.com/news/bitcoin-gold-will-fork-cryptocurrency-again/ @moonman @1iceloops123 @jeffcliff #cryptocurrency #bitcoin #btc #bch #bitcoin-gold
lnxw48a1's status on Wednesday, 11-Oct-2017 03:18:53 UTC
http://www.investopedia.com/news/bitcoin-gold-will-fork-cryptocurrency-again/ @moonman @1iceloops123 @jeffcliff #cryptocurrency #bitcoin #btc #bch #bitcoin-gold
lnxw48a1: @moonman More #cryptocurrency rumors: Besides the #BTC - #BCH split, people talking about something called BTC-Gold splitting off now. #Bitcoin is becoming confusing.
lnxw48a1's status on Tuesday, 10-Oct-2017 02:30:36 UTC
@moonman More #cryptocurrency rumors: Besides the #BTC - #BCH split, people talking about something called BTC-Gold splitting off now. #Bitcoin is becoming confusing.
lnxw48a1: I haven't followed any links, but people are posting about a 10% drop in the #Bitcoin price today. #cryptocurrencies CC: @jeffcliff @moonman
lnxw48a1's status on Saturday, 02-Sep-2017 17:55:46 UTC
I haven't followed any links, but people are posting about a 10% drop in the #Bitcoin price today. #cryptocurrencies CC: @jeffcliff @moonman
cypnk: Forget #Bitcoin, Litecoin, Etherium etc... We should switch our currency to potatoesBenefits: - Works in any century as a medium of exchange- Delicious and healthy- Inherently shows proof of work- Best of all, hacker proof (unless you own a knife)
cypnk's status on Sunday, 30-Apr-2017 07:00:48 UTC
Forget #Bitcoin, Litecoin, Etherium etc... We should switch our currency to potatoes Benefits: - Works in any century as a medium of exchange - Delicious and healthy - Inherently shows proof of work - Best of all, hacker proof (unless you own a knife)