/biz/ - Business & Finance

Hey OP, where'd your faggot numale ass go?

Who else held their btc through this dip without breaking a sweat with no intention to sell?

I'm not selling for a long time to avoid being taxed short term capital gains.

>>5281192
>Just wait until the LN wakes up
You realize that shitty LN would need to get its network topology worked out after being online and people would have to activate segshit for it and pay extreme amounts in tx fees to open channels to whatever megahubs that declare that they will be the new banks of bitcoins after they have waited for those megahubs to announce themselves and come up?

>>4943485
>LN will be both decentralized
No it won't. It takes like 5 minutes of reading how setting up payment channels works and how bitcoin balance in the smart contract of each channel must be the appropriate size for a payment from someone else to use it as a conduit to realize that it will absolutely in no way end up having anything resembling a decentralized network topology.

https://www.youtube.com/watch?v=51T3c9t95b0

Reminder that normies love to want to see themselves as "the smart money".

The dumping potential with BCH being added to coinbase seems less and less scary.

Expect this to be just the start of the media blitz.

literally because of blockstream propaganda and censorship

>>4837175
>It's so outdated
It's not outdated at all. It's intentionally crippled. Slow transaction times and high fees are a feature according to blockstream. They cripple the main chain so that there is more incentive to go to their future off-chain network, the lightning network. In 2013 a bitcoin transaction took 10 minutes.

This is why bitcoin cash exists.

“We need to be clear: bitcoin is in no way a currency, or even a cryptocurrency,” Villeroy said in remarks made at a conference in Beijing, according to the Bank of France.

“It is a speculative asset. Its value and extreme volatility have no economic basis, and they are nobody’s responsibility. The Bank of France reminds those investing in bitcoin that they do so entirely at their own risk,” he added.

http://fortune.com/2017/12/01/bitcoin-price-invest-france/?utm_campaign=fortunemagazine&utm_source=facebook.com&utm_medium=social&xid=soc_socialflow_facebook_FORTUNE