We All Need to Stop Only Seeing the Dark Side of Crypto

a reply to: Alien Abduct

LOL, you just plagiarized that entire post from Investopedia:

A second possibility is that the number of transactions on Bitcoin's network falls. Such a situation is possible when Bitcoin becomes a reserve asset. Trades involving the cryptocurrency will be few. Retail traders and small trading firms, who dominate its current trading ecosystem, will be eliminated and replaced by large institutional players and established trading firms. They will conduct fewer and more expensive trades that will incur high transaction fees from miners.

LOL, you can't even articulate a point without stealing from someone else. At least give them credit FFS.

a reply to: Ksihkehe

He doesn't even know what he's talking about, he stole the entire post word for word from elsewhere.

originally posted by: caterpillage
It's high time that ATS has a dedicated cryptocurrency/blockchain forum section.

I wouldn't mind a forum here at all, most times the best thing about ATS is it gives you resources to check on to educate yourself.

But honestly, the masses look at crypto-like their computer they don't care how it works they want it to be easy to use. It's none of those things currently.

You put lack of knowledge, regulation, and governmental interference, chitcoins, etc. the masses don't even want to deal with all of that.

originally posted by: AugustusMasonicus

originally posted by: Alien Abduct
Ethereum 2.

Call me when it's out.

I just converted my Ethereum to Ethereum 2 on coinbase. Like an hour ago.

originally posted by: network dude

originally posted by: caterpillage
a reply to: network dude

Do you keep current on Safemoon news? Specifically the switch to V2? I migrated mine a couple days ago. There will be a hard deadline to do so, but it hasnt been released yet.

No, do you have a link or advice? I just like the idea behind the coin, but don't want to get caught with my pants down. Again. Can't go back to that dollar general.

I'll send you a DM on here later this evening

originally posted by: network dude
I just converted my Ethereum to Ethereum 2 on coinbase. Like an hour ago.

It doesn't go live until next year. Maybe.

a reply to: AugustusMasonicus

I staked it for a return, and it's frozen until the launch. It will switch over automatically. But when I see it, it says Ethereum 2.

originally posted by: network dude
I staked it for a return, and it's frozen until the launch. It will switch over automatically. But when I see it, it says Ethereum 2.

Yeah, the launch hasn't been announced yet.

a reply to: Ksihkehe

Yea, I probably should have been more specific.

I don't see the central bank using an existing coin, but I suppose a new coin on a proven blockchain is more foreseeable. Part of me even doubts that, but then again the card processing took fiat by storm, so anything is possible. That made digital currency a reality skimming a few percent off the top, so anything is fair game.

originally posted by: network dude
a reply to: AugustusMasonicus

I staked it for a return, and it's frozen until the launch. It will switch over automatically. But when I see it, it says Ethereum 2.

Kudos man.

Our dollars have far more impact than any vote we ever cast.

At the risk of sounding like some ideolistic fan boy, I love taking bets against the status quo.

Is crypto really going to revolutionize everything? Probably not, because people like what they know and are comfortable with... But if I can make money along the way I don't mind priming the pump... Pun intended.

a reply to: AugustusMasonicus

Waaaaaahh I didn't have time I was at work LoL

originally posted by: Alien Abduct
a reply to: AugustusMasonicus

Waaaaaahh I didn't have time I was at work LoL

Sure, no time to click the external quote button before posting, right. You got caught trying to pass off someone else's opinion because you clearly couldn't articulate your own owing to you not understanding the conversation.

originally posted by: AugustusMasonicus

originally posted by: Alien Abduct
a reply to: AugustusMasonicus

Waaaaaahh I didn't have time I was at work LoL

Sure, no time to click the external quote button before posting, right. You got caught trying to pass off someone else's opinion because you clearly couldn't articulate your own owing to you not understanding the conversation.

That is my opinion, investopedia.com articulated it for me. Not giving them credit doesn't magically make it not my opinion too. We can still hold the same sentiments without me pressing the quote button. Have a good Monday.

a reply to: Alien Abduct

You haven't explained, using 'your opinion' pinched from Investopedia, how BTC's lack of scalability or speed permit it to work in consumer transactions.

originally posted by: AugustusMasonicus
a reply to: Alien Abduct

You haven't explained, using 'your opinion' pinched from Investopedia, how BTC's lack of scalability or speed permit it to work in consumer transactions.

I never said it would. However the protocol for bitcoin could be changed to allow for bigger blocks thus allowing for a faster transaction rate. This has been done with Bitcoin SV (BSV). Do I think it will happen? It's a possibility.

originally posted by: Alien Abduct
I never said it would.

Sure you did, in the other thread you made the absurd claim that it would take over from the dollar. Odd since you can't even use it in a retail environment.

originally posted by: AugustusMasonicus

originally posted by: Alien Abduct
I never said it would.

Sure you did, in the other thread you made the absurd claim that it would take over from the dollar. Odd since you can't even use it in a retail environment.

It was sarcasm and, this isn't that other thread.

a reply to: AugustusMasonicus

Do you disagree that the protocol could be modified in order to improve Bitcoin's transaction rate?

originally posted by: Alien Abduct
Do you disagree that the protocol could be modified in order to improve Bitcoin's transaction rate?

FFS, they're referring to trades, not retail purchases.

originally posted by: AugustusMasonicus

originally posted by: Alien Abduct
Do you disagree that the protocol could be modified in order to improve Bitcoin's transaction rate?

FFS, they're referring to trades, not retail purchases.

It would still need a faster transaction rate.