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Bitcoin above $8100 USD right now.

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Postby JMT on 12 Jan 2018 10:57

Re: Bitcoin above $8100 USD right now.

When was the mandate given for bitcoin to be a "micropayment" system by 2017?
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Postby TechJunkie on 12 Jan 2018 15:16

Re: Bitcoin above $8100 USD right now.

Never, but as any form of currency it's a failure. Almost an hour to process a transaction.

What does it mean for the future of Bitcoin that the original enthusiasts like Pod have moved on to Monero and BCH and all of these others?
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Postby pod on 12 Jan 2018 15:39

Re: Bitcoin above $8100 USD right now.

If anyone wants in on BCH let me know - the S9s can do it - same algo. Plus it’s not this HODL-prone heart attack. Behavior it reminds me of LTC.

BTC is your glacier.
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Postby TechJunkie on 12 Jan 2018 16:05

Re: Bitcoin above $8100 USD right now.

Digital currency miners are faced with a decision: Install the Meltdown / Sceptre patches and take a 30% performance hit? Or accept the risks for the extra performance? 30% is significant in terms of currency mining. What kinds of crazy heists will be possible against large-scale miners who choose the latter? The possibilities are unbelievable. It's like a lost story from Mirrorshades.
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Postby JMT on 12 Jan 2018 19:16

Re: Bitcoin above $8100 USD right now.

When was the mandate given for bitcoin to processed fast enough for Techjunkie by 2017?

Is bitcoin more or less known than it was in 2011?

Is bitcoin accepted by more or less entities since 2011?

Is bitcoin being transacted more or less than in 2011?

Is bitcoin worth more or less than in 2011?
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Postby slamminshaun on 12 Jan 2018 21:19

Re: Bitcoin above $8100 USD right now.

Is Tech still insisting it failed in 2011? LOL!!!!!

Back in the real world....
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Postby TechJunkie on 12 Jan 2018 22:57

Re: Bitcoin above $8100 USD right now.

To JMT’s questions, if popularity is the key factor then it matters that Bitcoin has the lowest market share in its history. And it continues to drop as more and more people shift to other crypto currency fads. Which of course the experts here knew already.

But all of this is aimed at arguing about the meaning of the word “failed “, rather than discussing Bitcoin. Soon this whole site is going to be three people talking to themselves about Hillary Clinton’s crimes against humanity, with the occasional Coach drive-by post.
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Postby pod on 13 Jan 2018 04:12

Re: Bitcoin above $8100 USD right now.

If anyone wants an L3+ miner (or more) let me know.

LTC is what I recommend to anyone looking to get the "feel" of crypto without having panic attacks. It's been rather steady compared to the others.



https://www.profitconfidential.com/cryp ... ay-launch/


We’re now just days away from the launch of LitePay, which is due to be released in February.

Here’s why it’s a game-changer for Litecoin.

For starters, it would allow businesses to accept Litecoin without worrying about price volatility. Payments would be processed by LitePay instantaneously and settled directly with their banks.

Take note that BitPay is currently charging about $5.00 transaction fees for processing Bitcoin transactions that take ages to confirm. For the KFC Bitcoin Bucket, too, which costs about $20.00, you must pay an extra $5.00 to BitPay as processing fee. LitePay, on the contrary, would not charge a penny for transactions.

Secondly, the best part is that Litecoin users will be able to convert litecoins to dollars and vice versa through their Visa-compatible LitePay cards, which will be usable at all ATMs or businesses that support Visa payments.

Finally, LitePay would allow users to store and use their litecoins from a single, secure mobile or desktop application. So not only will new users bypass the hassle of searching for the best wallets and worry about their safety, but the LitePay wallet would also bring everyone together in one place, creating one big ecosystem.

In short, LitePay would likely add a nitrous oxide boost to Litecoin’s public adoption rate in the coming days.
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Postby pod on 14 Jan 2018 17:18

Re: Bitcoin above $8100 USD right now.

The serried ranks of S9s sleep peacefully before deployment.


IMG_0770.jpg
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Postby benm3 on 16 Jan 2018 05:04

Re: Bitcoin above $8100 USD right now.

Well, the crypto-correction a lot of us expected hit today.

Going to be interesting to see where the dust settles when the east coast US wakes up.

I do think ETH will overtake BTC in market cap.
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