Downsouth Posted March 19, 2018 Report Share Posted March 19, 2018 weirdly enough, black males are more likely to be invested in bitcoin than whitesIts like lottery tickets Quote Link to comment Share on other sites More sharing options...
RealSlimShady Posted March 19, 2018 Report Share Posted March 19, 2018 Blockchain technology can certainly be used in a centralized environment (like internally in a bank or business) but the sheer size of transactional data that is necessary to process and validate global transactions is far too large to work efficiently in a decentralized environment. Even if transactions are eventually processed as fast as a centralized credit card company, the blockchain becomes entirely too large in a short period of time. A full BTC node is already over 160GB after 305 million transactions. That's the equivalent of 2 DAYS of Visa transactions. You can see how this quickly gets out of control. Only full nodes have voting power. So, with that massive amount of data storage required to run a full node and process transactions for mass consumption, that supposedly decentralized cryptocurrency eventually becomes extremely centralized. Does this mean that blockchain technology is overhyped? May end up not being the gamechanger that everyone seems to say it is? Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted March 19, 2018 Report Share Posted March 19, 2018 Does this mean that blockchain technology is overhyped? May end up not being the gamechanger that everyone seems to say it is? In its current state, yes and yes. Quote Link to comment Share on other sites More sharing options...
Dingo Posted March 21, 2018 Report Share Posted March 21, 2018 It’s been less embarrassing having crypto last few days!! Quote Link to comment Share on other sites More sharing options...
IAG Posted March 21, 2018 Report Share Posted March 21, 2018 It’s been less embarrassing having crypto last few days!!Other than that pesky little child porn thing. For those who don’t follow, apparently there are child abuse and pornography images and links embedded in the BTC blockchain. Ugh. Quote Link to comment Share on other sites More sharing options...
mikeman Posted April 5, 2018 Report Share Posted April 5, 2018 bitcoin is around $6600 and dropping. Quote Link to comment Share on other sites More sharing options...
sleepy Posted April 5, 2018 Author Report Share Posted April 5, 2018 kinger change the title to 6600 fukkin shitcoins Quote Link to comment Share on other sites More sharing options...
RealSlimShady Posted April 6, 2018 Report Share Posted April 6, 2018 Which happens first? Bitcoin to $200 or $50,000?Or neither within 5 years? Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted April 6, 2018 Report Share Posted April 6, 2018 I’d take neither Quote Link to comment Share on other sites More sharing options...
WVU Posted April 6, 2018 Report Share Posted April 6, 2018 Which happens first? Bitcoin to $200 or $50,000?Or neither within 5 years?Going with a greater chance of 200 than the other 2 choices at this point Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted April 7, 2018 Report Share Posted April 7, 2018 I'll go with neither as well. If it hits $200, it might as well be $0. Miners would be falling like dominoes well before it got to that point. The entire market would be imploding all the way through $200. That likely happens for most coins anyway, but BTC will be around for a long time yet. There's too much investment in the technology right now for it to go away completely without a fight. Quote Link to comment Share on other sites More sharing options...
Machiavelli Posted April 7, 2018 Report Share Posted April 7, 2018 Soros getting in this game? Seems like they're using crypto to make Fiat fall and inflation rise. But.....while that is no bueno for society (perhaps), I was reading that they could go to 30k or more within a year. F'n a.. Quote Link to comment Share on other sites More sharing options...
IAG Posted April 8, 2018 Report Share Posted April 8, 2018 The @Bitcoin twitter account ( run by BCH Roger Ver and co) was finally suspended!!! Now maybe when you Google “bitcoin” three anti- BTC tweets won’t come up by those attempting to confuse people. Hopefully permanently revoked. Quote Link to comment Share on other sites More sharing options...
KingRevolver Posted April 10, 2018 Report Share Posted April 10, 2018 Where's Bitcoin heading $1k or $30k? https://www.forbes.com/sites/panosmourdoukoutas/2018/04/08/wheres-bitcoin-price-heading-next-1k-or-30k/ Quote Link to comment Share on other sites More sharing options...
KingRevolver Posted April 10, 2018 Report Share Posted April 10, 2018 I was reading that they could go to 30k or more within a year. F'n a..This fuckin' guy... Quote Link to comment Share on other sites More sharing options...
sleepy Posted April 10, 2018 Author Report Share Posted April 10, 2018 This fuckin' guy... will be at 0 by year end fukkin shit coins Quote Link to comment Share on other sites More sharing options...
KingRevolver Posted April 11, 2018 Report Share Posted April 11, 2018 will be at 0 by year end No way, pal. Quote Link to comment Share on other sites More sharing options...
Guest ConspiracyMuncher Posted April 11, 2018 Report Share Posted April 11, 2018 BTFD!!!!!!!!!!!!!!!!!!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted April 11, 2018 Report Share Posted April 11, 2018 BTFD!!!!!!!!!!!!!!!!!!!!!!!!!! but is the dip from 20k to 14k? or from 14k to 9k? or from 9k to 6k? which dip do you buy and not get totally buried? i hate buying the dip of an asset that has no floor, would rather buy on the way up Quote Link to comment Share on other sites More sharing options...
mikeman Posted April 11, 2018 Report Share Posted April 11, 2018 but is the dip from 20k to 14k? or from 14k to 9k? or from 9k to 6k? which dip do you buy and not get totally buried? i hate buying the dip of an asset that has no floor, would rather buy on the way upYup, two years ago it was a hundred or two, why is it worth more now? Quote Link to comment Share on other sites More sharing options...
Sol Aristatel Posted April 11, 2018 Report Share Posted April 11, 2018 Yup, two years ago it was a hundred or two, why is it worth more now? Sol Diablo, "Dad. Check out this Ken Griffey Jr. rookie card. It's gone up a bunch since I bought it." Papa Diablo, "Son, just like anything, that card is only worth what someone is willing to pay for it. Not what that Beckett magazine says it's worth." Conversation circa 1990ish. Quote Link to comment Share on other sites More sharing options...
mikeman Posted April 11, 2018 Report Share Posted April 11, 2018 Sol Diablo, "Dad. Check out this Ken Griffey Jr. rookie card. It's gone up a bunch since I bought it." Papa Diablo, "Son, just like anything, that card is only worth what someone is willing to pay for it. Not what that Beckett magazine says it's worth." Conversation circa 1990ish. I got boxes of cards that used to be worth something, now only in my dreams, I should just chuck the whole collection in the trash. Quote Link to comment Share on other sites More sharing options...
Sol Aristatel Posted April 11, 2018 Report Share Posted April 11, 2018 I got boxes of cards that used to be worth something, now only in my dreams, I should just chuck the whole collection in the trash. I wasted so much money on that garbage. Quote Link to comment Share on other sites More sharing options...
Guest ConspiracyMuncher Posted April 11, 2018 Report Share Posted April 11, 2018 but is the dip from 20k to 14k? or from 14k to 9k? or from 9k to 6k? which dip do you buy and not get totally buried? i hate buying the dip of an asset that has no floor, would rather buy on the way up Mikey, I always said buy price was 8-6k... no more... Quote Link to comment Share on other sites More sharing options...
mikeman Posted April 11, 2018 Report Share Posted April 11, 2018 I wasted so much money on that garbage. You want some desert storm cards? Quote Link to comment Share on other sites More sharing options...
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