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  1. #51
    R.I.P. Luigi's Avatar
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    Quote Originally Posted by Mr Earl View Post
    Bitcoin is extremely secure and easily moved around the globe.
    Very high blockchain fee for transferring between wallets. Too big to make it worthwhile.


    Others are minuscule, so small as not to be noticed. ETH for example.

  2. #52
    I am in Jail
    Mr Earl's Avatar
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    Quote Originally Posted by Luigi View Post
    Very high blockchain fee for transferring between wallets. Too big to make it worthwhile.


    Others are minuscule, so small as not to be noticed. ETH for example.
    I don't move it around much, but the little I do the fees aren't really noticeable.

    I do keep some DASH, LTC, ETH, BCH, ZEC. for different possible uses in the future.
    Still the strongest and most secure network is Bitcoin. The Bitcoin network also seems the most adaptive. to the scaling and privacy issues.
    The thing I kinda worry about is how the mining isn't very profitable and what keeps the miners at it?
    I keep my two miners running because a small steady trickle adds up over time. and i'm not really trying to turn an immediate profit on the mining enterprise.
    I'm looking 2-5 years down the road. By then I expect the technology to have changed significantly.

  3. #53
    Excommunicated baldrick's Avatar
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    Quote Originally Posted by Mr Earl View Post
    The Bitcoin network also seems the most adaptive. to the scaling and privacy issues.
    I do not know who has told ou that untruth , but because no agreement can be reached to change scaling and privacy it is exactly the reason there has been 8 different forks in the last year

    and do not go spouting on about lightning network and sidechains like a lambo fanboi , because you have no understanding of how they work and why they have not been implemented yet in BTC and its forks

    the only thing BTC has going for it is that it was the first

  4. #54
    I am in Jail
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    Quote Originally Posted by baldrick View Post
    I do not know who has told ou that untruth , but because no agreement can be reached to change scaling and privacy it is exactly the reason there has been 8 different forks in the last year

    and do not go spouting on about lightning network and sidechains like a lambo fanboi , because you have no understanding of how they work and why they have not been implemented yet in BTC and its forks

    the only thing BTC has going for it is that it was the first
    Sure some of the technical aspects are way over my head.
    It's often hard to figure out the right question to ask.
    I'm still trying to figure out the segwit question, right now my coin is in legacy.
    As for LN, I'm watching and got my head spinning at the complexity.

    Sheeit man! I still don't understand the different layered structure of the internet. Thankfully I don't need to.

  5. #55
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    Historically, growing uncertainty and a rise in the price of Bitcoin have had a strong correlation. And while it remains unclear whether or not Bitcoin is a good hedge against economic uncertainty, the fact that once again Bitcoin has rallied above $8,000 amid mounting US-Iranian tensions, provides support for this theory.
    2019 may not have been a breakthrough year for cryptocurrency, but it did mark the end of the bear market, and major strides were made towards mass adoption. Institutional cryptocurrency trading grew in 2019 with the launch of Bakkt Futures.
    Earlier last week, Burger King in Venezuela announced that the fast food giant will begin accepting cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Binance Coin and Dash, along with stablecoin Tether in 40 outlets. Since Tether is not affected by volatile price movements, it may be more widely used for payments than other cryptocurrencies. We have Bitcoin Pizza Day already. Bitcoin Whopper Day, anyone?

  6. #56
    The Fool on the Hill bowie's Avatar
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    hmm...

    Inflation rate In 2016, Venezuela entered hyperinflation. The inflation rate reached 274% in 2016, 863% in 2017, 130,060% in 2018, 282,973% in April 2019 and 4,679% in September 2019. Since 2016, the overall inflation rate has increased to 53,798,500%.

    Sure they're just looking for a stable and reliable currency...

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