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Re: Gold is Losing Buyers to Bitcoin
Posted: Thu Jan 25, 2018 2:09 pm
by bitcoininthevp
Dont forget Kodakcoin and the Kodak Bitcoin Mining Hardware. Yes, THAT Kodak!
https://www.kodak.com/kodakone/default.htm
Re: Gold is Losing Buyers to Bitcoin
Posted: Fri Jan 26, 2018 10:36 am
by Jack Jones
Hey bitcoininthevp,
What's your take on the Bitcoin Cash fork? You HODLing your Bitcoin Cash stake, sold it already, or growing it?
Re: Gold is Losing Buyers to Bitcoin
Posted: Fri Jan 26, 2018 1:12 pm
by dualstow
MangoMan wrote:MOOC
I figured Online Course, but had to look up the rest. If anyone else is curious:
Massive Open Online Course
Re: Gold is Losing Buyers to Bitcoin
Posted: Fri Jan 26, 2018 2:52 pm
by glennds
dualstow wrote:MangoMan 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.
Re: Gold is Losing Buyers to Bitcoin
Posted: Fri Jan 26, 2018 7:15 pm
by dualstow
Trying to attract the massive multiplayer online role playing game or MMORPG crowd.
Re: Gold is Losing Buyers to Bitcoin
Posted: Fri Feb 02, 2018 3:49 pm
by bitcoininthevp
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.
Re: Gold is Losing Buyers to Bitcoin
Posted: Fri Feb 02, 2018 3:52 pm
by bitcoininthevp
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