Bitcoin Whales Slow Down Following Months of Accumulations ...
Bitcoin Is Not Slow – It’s Highly Secure – Bitcoin Takeover
What And How ‘Slow’ Bitcoin Wins In The Storm Of Crypto ...
Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
For unknown reason$ a large number of online accounts began harping on Bitcoin and trying to change it from the concepts that made it work. Here we document those Trouble makers who remain to "Troll" people when from any logical point of view they have no reason to remain (and often to repeat easily disproven opinions), unless they hate Bitcoin.
Why do people compare bitcoin to credit card networks? Is credit card network base layer? So debt is immutable? How slow is sending someone cash? I think it's pretty slow. Well of course it is. It's the base layer. And we currently use a base layer that is pretty poorly managed. Tons of it is introduced into the system and given to banks, because that makes sense. It's not a positive feedback loop or anything that the rich get richer and inequality will skyrocket. That's probably why a second layer called banks came about. But it's a custodial one. They're also in charge of making sure the children are safe. From everything and anything our puritan minds can conjure. But the banks created swift and their checks and these didn't cut it for today's speed of consumerism. So then there came the need for a third layer called credit cards. This third layer is riddled with fleas. Talking about large 2% fleas. But that's okay because the fleas don't bite you unless you run a business. And these fleas poop out a fourth layer. That's right! FREE VACAYS. Live it up! You got visa cashback! Points and miles going to take you to the fyre festival. You're living the IG lyfe. I'll take the LN network backed by the same math as bitcoin base layer anyday.
How soon until the masses get excited about the Bitcoin bull run and start buying en masse only to cripple Bitcoin's slow as sin network?
Should we start talking about coins that can actually scale like VeriCoin or Nano? Or are we just going to let late 2017 happen all over again with 4 hour transaction times and $50 fees? If we want newcomers to stay, we should introduce them to coins that can be used by masses without becoming an abysmal experience. Also, Altcoin season has got to be right around the corner, right?
ELI5- Why does Blockstream want to keep Bitcoin slow&expensive?
The way I see it as a crypto newbie, keeping Bitcoin slow & expensive gives more legitimacy to competitors such as BCH / Litecoin / Dash, which steals market cap away from Bitcoin. I've read that Blockstream wants to keep Bitcoin slow so that they can push their centralized lightning network. Obviously centralization is bad for crypto but how does Blockstream benefit from this personally?
Bitcoin Slow Confirmation Time - How Long Should I Expect?
Obviously with the turmoil in the market over the last few days I expected my transaction to take longer than usual to confirm. However after 24 hours it starts to get worrying! Thw transfer was sent with a low fee so again, I know it will take a while to confirm, but how long should i expect to wait? The Electrum wallet I sent it from has an 'increase fee' option. Sbould i use it? What fee would be suggested to get the transaction cleared quickly? Thanks in advance for any help or suggestions!
Bitcoin Whales Slow Down Following Months of Accumulations: What About BTC Price? Author: Jordan Lyanchev Last Updated Oct 18, 2020 @ 11:38. The number of Bitcoin whales have started to decline, while its price is increasing. This has raised concerns about an increased selling pressure and BTC price drops, but recent data refuted such a scenario. A recent report indicated that the number of ... The path to scaling bitcoin is a slow and traditionalistic process. Bitcoin is too big to follow the high-speed technology solution to move fast and destroy things. Instead, it’s following slow and don’t tear anything formula. If a global monetary system is to be developed on a decentralized monetary policy, the ground must be defended at all prices. Assure the security of the low monetary ... Those that believe bitcoin to be too slow or lacking in network capacity are comparing bitcoin to the wrong application. We could set up a network of banks on top of the bitcoin network and the payments system could function as it does today. The push back on this point is the risk of centralization. If bitcoin were to just sit in centralized banks, it would increase the possibility that the ... “Bitcoin is a world-class brand like Coca-Cola or Disney now. It's known and trusted,” said Guardian Circle, a community emergency response network that uses the GUARD token, Founder Mark Jeffrey, who argued that Bitcoin’s cautious ... Bitcoin: Steht der Ausbruch aus dem langen Seitwärtstrend kurz bevor? So sieht die Lage momentan aus 22.07.20, 13:00 onvista
BITCOIN IS SLOW! BUT that's not necessarily a bad thing! There are several advantages we can leverage with the benefits that come with this lack of speed. And let me tell you WHY DON'T FORGET TO ... #Bitcoin has been oscillating nonstop this week. But that hasn't stopped major #DEFI projects from leading the market. Top Gainers Include $COMP $AMPL $BAL &... Bitcoin.com is your premier source for everything Bitcoin related. We help you buy, use, and store your Bitcoin securely. You can read the latest news. We also provide helpful tools and real-time ... This is educational video series explaining common stumble blocks and misconceptions about Bitcoin! This video is genereously sponsored by https://BitBandit.... Go to Transaction Accelerator: https://www.viabtc.com/tools/txaccelerator/ View global Unconfirmed Transactions: https://blockchain.info/unconfirmed-transact...