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Merged Bitcoin - Part 3

If anyone's interested, Cardano (ADA) coin will be added to Coinbase and begin trading at 9AM PT tomorrow, Thursday 3/18/21. It should see a nice jump in price due to the Coinbase effect. ADA is currently trading at $1.25

ADA deposit options have been available since yesterday.

And yes this is the one I sold at .12 cents

:(
 
I'm willing to wager that those that bought in at the $20K level aren't that concerned over the recent BTC price.
 
trustbutverify said:
Wikipedia refers to xrp as a cryptocurrency, for whatever that's worth. As does Investopedia.
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Sorry I missed this earlier. Yes XRP does some things other crypto currencies do, and yet it lacks the most important feature of decentralization. Efforts have been made to appear less centralized but it still falls short. I suppose you could argue that a Prius is a Corvette using the same analogy. Yea, it's not.

To me, and many other die hard crypto geeks, the only way to kill a true crypto currency would be to shut down the internet on a global scale indefinitely. (Even at that point you'd have pockets of small networks running the blockchain. The rest simply need catch up to restore full operation once networked.) Something with a limited or central network does not qualify as that was not in the scope of the first crypto currency created. IMO.
 
ChrisBFRPKY said:
Something with a limited or central network does not qualify as that was not in the scope of the first crypto currency created. IMO.
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Stellar solved that problem while still retaining the consensus model.

You must admit that proof of work or even proof of stake are terrible validation techniques because of the energy they waste. It we could come up with an equitable "block" reward system for nodes participating in the consensus process then I am sure that we would have a crypto that was a winner.
 
psionl0 said:
Stellar solved that problem while still retaining the consensus model.

You must admit that proof of work or even proof of stake are terrible validation techniques because of the energy they waste. It we could come up with an equitable "block" reward system for nodes participating in the consensus process then I am sure that we would have a crypto that was a winner.
Click to expand...

I'm with you on saving energy. On every coin for that matter. I'd love to see ASICs be phased out completely. If everyone switched to an algorithm run on CPUs it would be a great start. Much more energy efficient and the network would expand as well but with less energy consumption. Monero did that with RandomX awhile back. Seems to be working for them. It's still mineable with a graphics card but nothing profitable. CPUs are the answer. At last check their entire network was running at 2.3 GH/sec.

A block reward or staking system solves a lot of issues and promotes decentralization. If Stellar has or is working on a reward system for nodes undoubtedly there would be many additional nodes added. It would require a hard fork to do, and they certainly could...It's something to watch/hope for. I'll buy a few if they do.
 
Curiously, it is a feature of overvalued markets that milestones always surprise.
However they are a rubber band.
Bitcoin will traverse the scenic route to zero.
 
Hello,
It's still Bitcoin a good investment? I have 4000 euros and I would like to invest in Bitcoin. Do you think it will grow?
Thank you
 
My current bitcoin anecdote: My friend, who is a bitcoin billionaire whale (actually pushing $2B given his entire crypto portfolio), Bought and sent me a “keep key” in about March of 2017, and then sent me about $100 worth of bitcoin at the time (I think) to this hardware wallet. Until yesterday it was collecting dust, and I had lost the braided USB A-B cable that was included. I bought a new cable, proceeded to run the shapeshift.com software and updated the firmware and software only to find that I had completely forgotten my PIN! Not to worry, I had created the recovery passphrase and kept it in a safe place, and it was time to put the recovery system to the test! After wiping the drive and nervously contacting tech support, and then clearing the browser cache I was able to start the recovery process, which involved using a substitution cipher to securely input the phrase.

After all was said and done, I used the shapeshift software to view my balance, which was 0.0919 BTC, having a value of $4600 as of this post! Pretty remarkable.


Sent from my iPhone using Tapatalk
 
Tippit said:
My current bitcoin anecdote: My friend, who is a bitcoin billionaire whale (actually pushing $2B given his entire crypto portfolio), Bought and sent me a “keep key” in about March of 2017, and then sent me about $100 worth of bitcoin at the time (I think) to this hardware wallet.
Click to expand...

If I had a BC for every internet bro with a crypto billionaire friend...
 
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