The BTC dump will probably happen this month. The question is will they dump into alts or back to Tether? Will there be an alt season? It feels like 2017, but you know how history is.
The Bitcoin Economist Name and picture from twetch — not on-chain. The signature is; the profile is not.
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It feels like 2017 all over again.
Except alt season after the big impending dump of BTC. In the end, all the FOMO monkeys going to need therapy for their gambling problem.
A cheaper BSV is more bullish in the long run. Allows more accumulation and encourages development of commerce instead of HODLing.
Among other things, BSV is inherently a fair system for digital cash. You will not get that from governments.
Bitcoin cannot be printed. Think of Bitcoin as alive. Soon you will realize that evolution is at work and clearly there is not enough food for all "copies" of Bitcoin to survive.
Prediction: BTC will eventually be illegal in many countries. Replace By Fee transforms BTC into a Ponzi scam. When there is congestion on the blockchain whales get to pay their way to the head of the line to dump their bags.
BTC is dystopian enslaving crippled Bitcoin. If it goes to 100k or higher in today's dollars, humanity is enslaved. All stop. And the real Bitcoin that is honest money for the world will be extinguished.
Nobody is forced to participate in any scam.
That's a bunch of bullshit. After someone has bought BTC, they should be able to sell it without paying 50% of their holdings in fees. That's not capitalism .. it's fraud.
If you're a cynic, you might say the Howey test is too ambiguous and could be used to label anything a security. Not true. If there is utility, that is evidence it is not a security. Possible profit from commerce is key.
There was obvious fraud in the US election. But it really doesn't matter anymore. When they are gratuitously printing fiat, fraudulent elections are the least of your worries. Your money is about to turn into crap and your government is about to implode.
You can't do normal commerce with BTC. All profit has to come from some sort of promotion. Poor BTC is actually clearly a security. It doesn't matter that the promoters are independent owners of their HODL bitcoin businesses or suppliers are international.
BTC is a security. Replace by Fee is actually the final nail as it destroys all utility at scale and fraudulently denies service to those who do not want to pay unreasonable fees.
Shrugged.
The more Tether strays from $1.00, the closer the bucket shops come to their day of reckoning. Bearish on BTC. Bullish on Bitcoin (BSV).
I may be wrong. But maybe shit talking on Twitter is immoral.
I think a clever idea for a video site such as Youtube would be to set up a cloud storage of "sponsors" of a video. Sponsors get paid for partially hosting video and possibly get a slice of the revenue as well. Between cloud storage/Bitcoin, why servers?
18 more months for Teranode?
Vote counting rooms should have streaming cams all over the place. Humans should be able to honestly choose which idiot politicians will betray them.
So TwetchDat is worth a subscription. Maybe implement billing even if it's not mandatory to pay it. But i find when you don't pay for good things they go away. Don't let that happen. But have to admit I need reminders to pay my bills.
I come back and find Twetchdat has made my feed great again. I think Twetch is finally a daily read. Wow.
This is worth repeating periodically: As an app developer, if you want to get the economics right, delegate that to the content creator by giving them the capability to specify any possible revenue share. Of course some won't care, so intelligent defaults.
As a business owner, you can implement BoostPOW and have customers buy POW tokens from miners. Or you can issue tokens and have customers buy POW of your developers or employees. Choose wisely. Your competitors probably will.
TwetchDat is friggin brilliant.
"can hijack my thread" is just as bad.
This is when some BoostPOW ass wipe, who has me troll tolled, intervenes to hijack my thread.
The fundamental problem is that mainstream media is lead by an oligarchy of people who have a political agenda. All we can do is encourage independent media by supporting them in every way including financially.
Another way to look at Troll Toll from a programmer's perspective is that it has unintended side affects. If it only stopped trolls from responding to your own posts, it would be a nice feature.
BoostPOW Boosts has always created logical tokens. And from this perspective, we can see how its economics is broken. BoostPOW want to be the sole source for tokens. And there's no particular advantage to using BoostPOW to create the tokens.