(Topic ID: 200502)

Somebody explain Bitcoin to me

By Pinballlew

6 years ago


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  • 1,905 posts
  • 176 Pinsiders participating
  • Latest reply 3 years ago by toyotaboy
  • Topic is favorited by 34 Pinsiders

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    #1393 6 years ago

    Lots of coins at half price this month.

    market (resized).pngmarket (resized).png

    #1398 6 years ago

    1517625430361 (resized).jpg1517625430361 (resized).jpg

    #1413 6 years ago

    Has anyone checked on Extreme Pinball to make sure he's OK?

    #1421 6 years ago
    Quoted from Astropin:

    I'm not entirely sure they are required to respond at all.

    They could be too busy stuffing their escape helicopter with black duffel bags full of USD and filling up with enough fuel to reach an island in the Pacific without US extradition rights?

    http://www.wsfa.com/story/22665099/countries-with-no-extradition-treaty-with-us

    #1435 6 years ago

    If it crashes back to pre-November 2017 values then so what?

    The technology underlying Bitcoin is slowly improving.

    I thought it was about the Blockchain technology and the freedom it was going to give the common man, not just a get rich quick scheme?

    #1454 6 years ago

    Bitcoin/Blockchain was supposed to be a response to the 2008 failure of Big Banks and Government Regulation.

    Now the crytpo enthusiasts "investors" are seemingly cheerleading the involvement of Wall Street and the CFTC.

    Satoshi Nakamato is probably spinning hashing in his grave.

    #1459 6 years ago
    Quoted from Soulrider911:

    Just an FYI there is no “Satoshi Nakamato”... it was just a name used by a group or the individual (unlikely) that wrote th first blockchain database.

    I'd put my money on Hal Finney.

    1 week later
    #1508 6 years ago

    https://www.walletexplorer.com/wallet/e8fb61953c163500?from_address=3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64

    Somebody is buying up a bunch of Bitcoins? That's one of the largest wallets out there. Speculation is that it could belong to the exchange Bitfinex.

    I'm not sure if that's their own fund of coins (maybe the supposed cache of USD that is supposed to be backing Tether 1-for-1) or if that's the cold storage wallet that represents the buyers at the Bitcoin exchange (who have left their coins 'on the exchange')?

    Or is it Wall Street traders looking to pump and dump?

    Any ideas?

    https://www.investopedia.com/news/anonymous-cryptocurrency-enthusiast-bought-400-million-bitcoin/

    mystery_bitcoin_buyer (resized).jpgmystery_bitcoin_buyer (resized).jpg

    9 months later
    #1650 5 years ago

    So how's the crypto scene doing these days?

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