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The Bubbly Bitcoin Thread -- Merged Threads


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Shoot me down, but a few members seems a bit obsessed with this thread.  There are a lot of threads on HOUSEpricecrash and other things to do in general than aggressively defend Bitcoin (e.g. see fami

They could certainly put various things in place to try and stop but I just don't seem them doing it. Obviously they could make dealing, trading, holding or using bitcoin punishable with 10 years

Bitcoin Cash can and will scale on chain. The technology advance within the next decade will allow it to happen with ease and always remain ahead of demand. What Core have done to Bitcoin is criminal

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might put a little into libra, it’s a different proposition to Bitcoin in that it’s not going to a value store.

It’s only so much of a value store as it’s better to have USD than GBP. 

and it also completely kills all other alt coins, which never stood a chance. 

Its not a threat to Bitcoin, as it will be managed and prevented from mooning. it might see some small returns, but nothing on the scale of bitcoins value store gold 2.0.

its digital fiat. but has a huge user potential user base, which none of the alts ever had. 

but I do wonder if Facebook have the wrong idea, 2 billions users could soon turn into 1 billion as the countries will terrible fiat act to ban Facebook, not on the grounds of free-speech etc, but as it’s a threat to their crappy fiat money? 

only a small punt mind, not a lot of point in a digital world coin fiat. not unless your in a crappy 3rd world country 

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21 hours ago, dragging boot straps said:

https://ripple.com/insights/ripple-announces-strategic-partnership-with-money-transfer-giant-moneygram/

 

Wow massive partnership. The biggest ever within the crypto space. Real and genuine use of XRP and not just a pipe dream. 

This is unbelievable and should drive the whole market forward. Been filling my bags like crazy with XRP and now hopefully it will come home to roost. Market is flying. 

Facebooks libra coin is possibly an extinction level event for dedicated payment businesses. In general though payment rails are boring, we have plenty of them.

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13 hours ago, goldbug9999 said:

Its probably going to be the death of XRP. Between libra on the consumer payment and  JP morgan coin for inter bank transers XRP is already dead, it just doesnt know it yet.

 Hey buddy. There isn't even a white paper for Libra yet. Let's see when it comes out. 

If it's another stable coin then it's pointless. 

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3 hours ago, dragging boot straps said:

 What's your definition of cryptocurrency champ? You may want to reassess it. 

I'm a software developer. It's a cryptocurrency. 

I’m a software developer too. It’s not. It might use some cryptography but the generally accepted definition of things that comprise a cryptocurrency include limited supply that cannot be created at will and decentralisation where anyone can be part of the network and help secure it, by validating transactions or contributing to the proof of work. XRP is fundamentally different to the typical cryptocurrency

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2 hours ago, dannyf said:

I’m a software developer too. It’s not. It might use some cryptography but the generally accepted definition of things that comprise a cryptocurrency include limited supply that cannot be created at will and decentralisation where anyone can be part of the network and help secure it, by validating transactions or contributing to the proof of work. XRP is fundamentally different to the typical cryptocurrency

Oh dear oh dear. Not a very good one then are you? You need to Google "what is the definition of a cryptocurrency?"

Your definition is flagrantly wrong. 

Interestingly you touch on other points unrelated to our cryptocurrency argument:

- decentralisation: no one controls xrp, it is open source. 

- it has a limited supply.

- proof of work has been shown to be fundamentally flawed. It is not the only method of ledger validation in the game. 

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4 hours ago, longgone said:

why not 

out of all the alts it will probably be the only one that will survive it maybe worth more than what the £ converts to on the day just like another currency. 

Low risk even lower reward, $5k in Bitcoin in January and you have 3 x your return, 200%.  That's a proper risk reward ratio, 200% gainz for potential 100% loss.

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4 hours ago, dannyf said:

I’m a software developer too. It’s not. It might use some cryptography but the generally accepted definition of things that comprise a cryptocurrency include limited supply that cannot be created at will and decentralisation where anyone can be part of the network and help secure it, by validating transactions or contributing to the proof of work. XRP is fundamentally different to the typical cryptocurrency

Sorry, but this is wrong.

XRP is very much a cryptocurrency and one which refines the blockchain mechanism. 

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1 hour ago, dragging boot straps said:

Facebook's new coin is a stable coin. No threat to anyone, just another walled garden. 

 

https://www.forbes.com/sites/tatianakoffman/2019/06/18/facebooks-libra-white-paper-is-now-live/

I really hope my city mate will put the £10k he mentioned drunk. I will laugh, at least he wont lose anything, wont make anything either. Traditional money guys just don't get it.

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1 minute ago, dugsbody said:

Sorry, but this is wrong.

XRP is very much a cryptocurrency and one which refines the blockchain mechanism. 

I will make the final decision, I hold it, it's made me gainz since 2017, its not pegged to the $, it's a crypto, just a shill bankers one they can suspend your coins or inflated away to nothing if they wish.

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4 minutes ago, dugsbody said:

Sorry, but this is wrong.

XRP is very much a cryptocurrency and one which refines the blockchain mechanism. 

 

1 hour ago, dragging boot straps said:

Oh dear oh dear. Not a very good one then are you? You need to Google "what is the definition of a cryptocurrency?"

Your definition is flagrantly wrong. 

Interestingly you touch on other points unrelated to our cryptocurrency argument:

- decentralisation: no one controls xrp, it is open source. 

- it has a limited supply.

- proof of work has been shown to be fundamentally flawed. It is not the only method of ledger validation in the game. 

We’ll have to agree to disagree.

Funny that a few crypto indexes specifically exclude xrp. They mustn’t be good at their jobs either I guess ?

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3 minutes ago, markyh said:

I will make the final decision, I hold it, it's made me gainz since 2017, its not pegged to the $, it's a crypto, just a shill bankers one they can suspend your coins or inflated away to nothing if they wish.

And whoops, I was actually meaning Nano (ex-Raiblocks) when I typed that. For some reason my brain leaped there.

XRP on the other hand, technology allows it to be called a cryptocurrency but agree with your other points.

 

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55 minutes ago, markyh said:

I will make the final decision, I hold it, it's made me gainz since 2017, its not pegged to the $, it's a crypto, just a shill bankers one they can suspend your coins or inflated away to nothing if they wish.

Marky, I like you....buttttt i can't let this stand. Only exchanges can freeze their ious. No one has privilege on the xrp ledger. It's completely decentralised. XRP can never be frozen. 

Second point... what is this inflated away to nothing business? There is a fixed supply which burns every transaction. There will never be anymore. 

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1 hour ago, markyh said:

Low risk even lower reward, $5k in Bitcoin in January and you have 3 x your return, 200%.  That's a proper risk reward ratio, 200% gainz for potential 100% loss.

may as well go down the casino and chuck a grand on red or black ? no waiting around for a result and only 50/50 chance 

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  • 417 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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