CryptoCurrency
Money is Liquefied Future Goods it is what we are doing to create “MORE” it is the ability to trade with other countries.
It isn’t perfect because our keys are easy to lose. Exchanges and web wallets hold your keys and that is a problem. We need to change this current model.
Dr. Craig Wright: Hording, equity, and the end of debit and credit – A Bitcoin based future
- WE WANT EVERYONE EVERYWHERE TO TRADE with small amounts of equity and grow the pie. Bitcoin isn’t about beating the banks it’s about transforming them. Bitcoin without caps is better.
- The market cap of cryptocurrencies will soon be larger than JP Morgan. Consider what this means for the economic future.
- The dollar in its current form only exist since 1971. Its value divided by 6 during that time frame. Conclusion: The average lifespan of fiat currency is 27 years.
- Hash power is Bitcoin’s direct governance mechanism; the market is its indirect governance mechanism. Whether you run 0, 1 or 1000 non-mining nodes, your influence over Cash or Core is unchanged.
- What is the worth of bitcoin?
It costs over 1000.00 a coin to mine it. It’s called proof of work using supercomputing power and electricity. What does it cost to create a dollar? almost nothing whatever it costs to make the paper. THE U.S DOLLAR WILL DEVALUE to the point where you will need $500,000.00 to buy 1 Bitcoin. It will take more than 100 years before Bitcoin reaches its maximum circulation of 21 million coins. - Bitcoin will hit $10,000 by 2018 and $1 million 5-10 years Later Experts predict AND co much for experts: bitcoin hit $12,000 in December 2017
- “The children born today will not live in a world in which banks, and paper money, will exist.” -Andreas
- Owning just 1 #bitcoin will put you in the top 1% if it becomes a world reserve currency.
- How much money in the world?
$1000: It’s a bubble!
$2000: It’s a bubble!
$3000: It’s a bubble!
$4000: It’s a bubble!
$5000: It’s a bubble!
$6000: It’s a bubble!
$7000: It’s a bubble!
$8000: It’s a bubble!
$10,000: it’s a bubble!
I think it’s time to buy…to the moon!
$100,000: it’s a bubble!
$1,000,000: it’s a bubble!
$10,000,000: Ok, I give up.
#bitcoin
- $0 – $1000: 1789 days
- $1000- $2000: 1271 days
- $2000- $3000: 23 days
- $3000- $4000: 62 days
- $4000- $5000: 61 days
- $5000- $6000: 8 days
- $6000- $7000: 13 days
- $7000- $8000: 14 days
- $8000- $9000: 9 days
- $9000- $12,000: 10 days
The Banks have been involved in nefarious activity along with the .01% for the past 500 years. See Panama Papers and Paradise Papers.
JP Morgan Chase CEO Jamie Dimon wants to buy time. He knows that all he can do is stall his audience from buying bitcoin with his bullshit bubble propaganda.
Sacred cows make the tastiest hamburger.
Also see After Slamming Bitcoin As A Money Laundering Tool, JPMorgan Busted For Money Laundering
The price of bitcoin has crossed the $9,000 USD zone across global exchanges on November 26, 2017, at approximately 10:40 am EDT 10 days later It crossed $12,000. 12/6/17
The Paradise Papers suggest Chinese tech billionaire Lei Jun is connected to the world’s biggest bitcoin miner Update (Nov. 27): Lei Jun denies investing in bitcoin or Bitmain; Bitmain says the entity linked to Lei Jun in the Paradise Papers is not a shareholder.
#1 REMEMBER WHAT THEY SAID ABOUT AMAZON IN 1999 VIDEO
If anyone is having a bad day remember….
18- year-old Erik Finman made his own rules when he invested in Bitcoin and left high school to start his own business . He started at 12 years old.
1/17/17 NY Virtual Currency License they issue and coinbase.inc was #3 in line. Coinbase is a corporation or organized in the state of Delaware.
XRP is Ripple and was granted a license in NY.
Andreas Antonopoulos: How bitcoin is changing the world – Internetdagarna 2017
video
2017 John McAfee: Why Bitcoin will hit $500K in 3 years – there will be more government intervention to get tax revenues but they can’t shut it down
McAfee ~ “Monero can not be tracked” the is wrong yes it can !
6/7/16 Snowden: Anonymous ‘Zcash’ Could Solve Bitcoin Surveillance Risks
The world’s most famous government whistleblower, Edward Snowden, last week referred to the anonymous cryptocurrency project Zcash as a solution to the surveillance risks of Bitcoin’s public transaction record.
Zcash ZEC can’t be tracked. Zcash website: https://z.cash/ uses a zero knowledge proof construction called Zk-SNARKS. video
JP Morgan is working With ZCASH video
2014 When Rick Falkvinge the Founder of the Pirate Party was talking the price of BTC was 200-300$ – Bitcoin will hit $5 Million video
Bitcoin Core developers (raised 76 million ) for Blockstream to run the infrastructure using a satellite video – and the bitcoin code base which has only been made slower and more expensive as a result so Roger Ver is all about Bitcoin Cash BTH to get away from bitcoin and the blocksteam.
Coinbase’s Custody service wants to store bitcoin for institutional investors
FREE MONEY: THE SURPRISING EFFECTS OF A BASIC INCOME SUPPLIED BY GOVERNMENT
August 3, 2017 Bitcoin Cash forked away from the Bitcoin network and became its own cryptocurrency. youtube.com
Folks that owned bitcoin before August 3 were given some bitcoin cash for free !!!! 🙂
How to Access Your Bitcoin Cash BCC/BCH
The #electricity used to #mine #bitcoin this year is bigger than the annual usage of 159 #countries! https://flipboard.com/@flipboard/-the-electricity-used-to-mine-bitcoin-th/f-7188c67b24%2Fbusinessinsider.com
Satoshi created Bitcoin in a world where PayPal was already a thing. In 1996 the NSA and MIT created Bitcoin without proof of work. Didn’t Satoshi give credit for that to @adam3us? https://archive.is/tZCV2
Nearly 4 Million Bitcoins Lost Forever, New Study Says
Between 2.8M – 3.8M #Bitcoins are likely lost forever representing 17% to 23% of the total supply. That’s over $41B in lost value if you factor #BTC + #BCH. Secure your investment. Backup keys & use hardware wallets. According to new research from Chainalysis, a digital forensics firm that studies the bitcoin blockchain, 3.79 million bitcoins are already gone for good based on a high estimate—and 2.78 million based on a low one. Those numbers imply 17% to 23% of existing bitcoins, which are today worth around $8,500 each, are lost. But the rate at which they disappear will be much lower than in the past since, now that they’re so valuable, people will be more vigilant about keeping track of them (unlike this poor fellow out who threw away a hard drive with the key to 7,500 bitcoins). While others have speculated about the number of lost bitcoins, the Chainalysis findings are significant because they rely on a detailed empirical analysis of the blockchain, where all bitcoin transactions are recorded. Chainalysis, whose clients include the IRS and Europol, has made a name for itself in the bitcoin world because of its abundant data and sophisticated study of blockchain wallets. Law enforcement agencies rely on the company to provide detailed insights into who owns the currency and how it moves around.
12/22/17 Wall Street strategist Tom Lee raises bitcoin forecast, now predicts 40% rise Fundstrat raises its mid-2018 price target for bitcoin to $11,500 from $6,000, representing nearly 40 percent upside to its current level. “In our view, this move to $5,600 cleaned up weak hands and we no longer feel caution is warranted. … We recommend steady buying of Bitcoin at these levels,” strategist Tom Lee writes. https://www.cnbc.com/2017/11/22/wall-street-strategist-tom-lee-raises-bitcoin-forecast-now-predicts-40-percent-rise.html
The trick is to become so big and so indispensable, so quickly, that regulators will be facing The Wrath Of Everybody if they try to take away people’s new favorite toy. IOW, when they first realize the need to regulate, it’ll already be deeply entrenched. This was the playbook of Paypal. It is currently the playbook of Uber: establish ignoring the rules, in order to already be a Fact Of Life when regulators discover its existence. “Once the banks are no longer needed as middlemen but the back-end systems of the virtual turnkey corporations can communicate and transfer money permissionlessly between each other in realtime…” Something like that. When starting a fully-bookkept company, with invoicing, accounting, and interfacing to other such companies, is as easy as “apt install swarmops” https://github.com/Swarmops/Swarmops has install instructions. I’m just in the process of converting it from Bitcoin Core to Cash,
the average #bitcoin transaction has a fee of 100,000 satoshis. source: https://bitcoinfees.earn.com/ 57.26% of all bitcoin addresses contain less than 100,000 satoshis. source https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
My first 100 transactions were all completely free back in 2013.
Bitcoin Whitepaper from 2008. See this? It does not represent a Segwit (BTC) transaction in any way shape or form. So when you have early developers and adopters telling you that BCH is Bitcoin, there’s something to it.
Bitcoin Whitepaper from 2008. See this? It does not accurately describe the difficulty adjustment seen on, or the proportion of nodes on, the BCH chain. So when you have early developers and adopters are telling you that BCH is bitcoin, there’s nothing to it.
Rick Falkvinge @Falkvinge RT publishes a very long interview with me on #bitcoin as “CEO” – in quotes – of Bitcoin Cash. … Some really good quotes to be found here, I think.
11/16/17 Survey: Bitcoin Investors Won’t Sell Until Price Nears $200k
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