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Posts Made By:
Pedro40
Forum:
Cryptocurrency
May 12th, 2017, 09:17 AM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
Viability and volatility are not mutually...
Viability and volatility are not mutually exclusive but yes, it is not too practical when the currency is that volatile. When a currency is wildly appreciating it encourages hoarding....
Forum:
Cryptocurrency
May 11th, 2017, 12:56 PM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
Litecoin went up from $5 to $36 in the last 6...
Litecoin went up from $5 to $36 in the last 6 weeks way outperforming BTC due to the Segwit implementation...
Forum:
Cryptocurrency
March 31st, 2016, 12:29 PM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
Just trade it, it is volatile enough. But don't...
Just trade it, it is volatile enough. But don't hold it for months or years. Basicly any run up can be shorted, and big drops be bought until some big revealing truth hits the market, like another...
Forum:
Cryptocurrency
March 30th, 2016, 10:36 AM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
Blockchain will stay, decentralized virtual...
Blockchain will stay, decentralized virtual currencies will fade away. Centralized virtual currency will flourish...
Forum:
Cryptocurrency
March 30th, 2016, 09:55 AM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
I welcome newer and more advanced virtual...
I welcome newer and more advanced virtual currencies for a couple of reasons:
1. It shows that bitcoin isn't unique or in any way valuable itself or limited in supply. By this last one I mean if...
Forum:
Cryptocurrency
March 11th, 2016, 09:18 AM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
Of course not, when you sign up for one Ponzi,...
Of course not, when you sign up for one Ponzi, you don't want competing Ponzis to suck away possible incoming capital. :)
Right now there are at least 3 technologically more advanced cryptos...
Forum:
Cryptocurrency
March 10th, 2016, 01:46 PM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
Right, and beside that, it is only limited if we...
Right, and beside that, it is only limited if we think of let's say Corona beer in limited supply. There are other beers that do the same job just fine or even better, so the limited supply doesn't...
Forum:
Cryptocurrency
January 22nd, 2016, 07:13 AM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
...and here we go, just like I said a few days...
...and here we go, just like I said a few days ago, some retailer is going to make their own virtual currency. That retailer is bigger than Walmart or Amazon, it is CHINA!!!!:
Move Over, Bitcoin:...
Forum:
Cryptocurrency
January 21st, 2016, 07:05 AM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
Goldman never mentioned "virtual currency". But I...
Goldman never mentioned "virtual currency". But I agree with them, one important usage for the blockchain would be online voting. For example each voter could be issued 1 coin and on the block chain...
Forum:
Cryptocurrency
January 20th, 2016, 06:06 PM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
Sure but it doesn't have to be a completely...
Sure but it doesn't have to be a completely shitty neckbeard operation like bitcoin. Imagine if Walmart or Amazon would release a virtual currency premined and distributed among retail users. Amazon...
Forum:
Cryptocurrency
January 20th, 2016, 02:48 PM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
There is no other kind of thinking. If you are...
There is no other kind of thinking. If you are coming with the paradigm shift and other BS, I would like you to remember the late 90s when tech stock went up 100s on no earnings. Profits and a...
Forum:
Cryptocurrency
January 20th, 2016, 12:23 PM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
Sure they can. They make it illegal to accept it...
Sure they can. They make it illegal to accept it as legal tender for retailers, there goes the usefulness of bitcoin. Then you can only buy alpaca socks from Brazil or drugs from darknet markets, but...
Forum:
Cryptocurrency
January 18th, 2016, 01:41 PM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
Pizza Hut? How about addressing his concerns,...
Pizza Hut? How about addressing his concerns, all of them were completely legit??? Freaking bitcoin can't even handle m ore than 3 transactions per second, Visa does 10K... Future of money for...
Forum:
Cryptocurrency
January 16th, 2016, 05:00 PM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
I think he is right on the money.
I think he is right on the money.
Forum:
Cryptocurrency
January 15th, 2016, 04:35 PM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
Probably way more than you do. It isn't the...
Probably way more than you do. It isn't the miners alone who pay the cost but also whoever buys everyday the extra coins coming into the market. A miner can be profitable, thus he is profiting from...
Forum:
Cryptocurrency
January 15th, 2016, 02:14 PM
Replies:
90
A Bitcoin Believer’s Crisis of Faith
Views:
28,049
Posted By
Pedro40
No such a thing as free lunch. Currently every...
No such a thing as free lunch. Currently every transaction's cost is like $4 I think. (daily coins created x value / daily transactions)
The question is just who actually pays those costs.
...
Showing results 1 to 16 of 16
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