Gold is Losing Buyers to Bitcoin

Discussion of the Gold portion of the Permanent Portfolio

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bitcoininthevp
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Re: Gold is Losing Buyers to Bitcoin

Post by bitcoininthevp » Tue Jan 02, 2018 7:50 pm

dualstow wrote:By the way, that would be funny if bitcoininthevp and Marc were the same person...
...

Not the same person. :)
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Kriegsspiel
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Re: Gold is Losing Buyers to Bitcoin

Post by Kriegsspiel » Thu Jan 18, 2018 10:23 am

Long Island Iced Tea shares went gangbusters after changing its name to Long Blockchain

Taking a page out of the 60's "*tronic" and 90's ".com" playbook.
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technovelist
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Re: Gold is Losing Buyers to Bitcoin

Post by technovelist » Tue Jan 23, 2018 5:26 am

Kriegsspiel wrote:Long Island Iced Tea shares went gangbusters after changing its name to Long Blockchain

Taking a page out of the 60's "*tronic" and 90's ".com" playbook.
I remember those well.

But this time it will be different! :P
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bitcoininthevp
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Re: Gold is Losing Buyers to Bitcoin

Post by bitcoininthevp » Thu Jan 25, 2018 2:09 pm

Kriegsspiel wrote:Long Island Iced Tea shares went gangbusters after changing its name to Long Blockchain

Taking a page out of the 60's "*tronic" and 90's ".com" playbook.
Dont forget Kodakcoin and the Kodak Bitcoin Mining Hardware. Yes, THAT Kodak!

https://www.kodak.com/kodakone/default.htm
Jack Jones
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Re: Gold is Losing Buyers to Bitcoin

Post by Jack Jones » Fri Jan 26, 2018 10:36 am

Hey bitcoininthevp,

What's your take on the Bitcoin Cash fork? You HODLing your Bitcoin Cash stake, sold it already, or growing it?
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pugchief
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Re: Gold is Losing Buyers to Bitcoin

Post by pugchief » Fri Jan 26, 2018 1:09 pm

If anyone is interested, Princeton is offering a free MOOC on Bitcoin and Cryptocurrency.

http://www.openculture.com/2018/01/bitc ... ceton.html
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dualstow
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Re: Gold is Losing Buyers to Bitcoin

Post by dualstow » Fri Jan 26, 2018 1:12 pm

pugchief wrote:MOOC
I figured Online Course, but had to look up the rest. If anyone else is curious:
Massive Open Online Course
RIP Charlie Daniels
glennds
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Re: Gold is Losing Buyers to Bitcoin

Post by glennds » Fri Jan 26, 2018 2:52 pm

dualstow wrote:
pugchief wrote:MOOC
I figured Online Course, but had to look up the rest. If anyone else is curious:
Massive Open Online Course
Well I guess the Massive part makes it more impressive than just an online course. Ginormous probably didn't sound serious enough.
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Re: Gold is Losing Buyers to Bitcoin

Post by dualstow » Fri Jan 26, 2018 7:15 pm

O0 Trying to attract the massive multiplayer online role playing game or MMORPG crowd.
RIP Charlie Daniels
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bitcoininthevp
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Re: Gold is Losing Buyers to Bitcoin

Post by bitcoininthevp » Fri Feb 02, 2018 3:49 pm

Jack Jones wrote:Hey bitcoininthevp,

What's your take on the Bitcoin Cash fork? You HODLing your Bitcoin Cash stake, sold it already, or growing it?
I believe BTC has the right scaling path. It will take longer but will be more robust.

BCH is basically increasing the # of transactions linearly by a factor of 8. So instead of 7 transactions per second BCH would support ~56 transactions/second.

For reference Visa processes average of 2000 transactions per second with peaks into 50,000+ per second.

BTC is scaling via a new layer on top of bitcoin called Lightning. It is expected to handle much higher volumes, 1000's or 10,000's per second.

Since I got BCH "for free", it is interesting for the PP crowd in that Im speculating with an asset that I didnt purchase.

Ive converted some BCH to BTC. I watch the exchange rate between the two to see when might be a time to convert more. It is also nice have BCH as a hedge if lightning doesnt come soon or work out. I suppose. I dont see ever buying BCH.
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bitcoininthevp
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Re: Gold is Losing Buyers to Bitcoin

Post by bitcoininthevp » Fri Feb 02, 2018 3:52 pm

pugchief wrote:If anyone is interested, Princeton is offering a free MOOC on Bitcoin and Cryptocurrency.

http://www.openculture.com/2018/01/bitc ... ceton.html
Princeton's bitcoin course that you mention is a good course. However, for more lay people (non computer needs/programmers), I would recommend less technical videos.

If you are curious or skeptical about bitcoin I would HIGHLY recommend Andreas Antonopoulos' youtube videos. They are less technical and some are for beginners. And he does not just talk bitcoin but how it fits into the world, monetary systems, governments, etc.

https://www.youtube.com/channel/UCJWCJC ... 5DhCieLOLQ
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