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12552585 No.12552585 [Reply] [Original]

Total on chain transactions is nearing all time high
22k+ lightning network channels
RSK development
Liquid development with stable coins
Lapp developer suites from several different teams being released

Bitcoin and only bitcoin will matter
It is the hardest programmable money known to man

>> No.12552607

Good post. Head strong.

>> No.12552617

>>12552585
Looks like a lower high possibly double top. That's actually not bullish at all unfortunately

>> No.12552641
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12552641

>>12552617
looks like you don't know about transaction batching
looks like you don't know about 2nd layer transactions

https://medium.com/meetbitfury/bitfury-launches-suite-of-lightning-network-business-products-d4afb870dcb4

how would market growth "double top" that sounds retarded
we are seeing near all time levels in a brutal bear market

>> No.12552667

>>12552585
when is a good time to enter? will i have until march/april? i want to get 3-4 bitcorns for long storage, like 2-3 years. i just want a good entry

>> No.12552682
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12552682

>>12552667
yeah you'll probably have several months to enter
I'd actually recommend staggered buys over the next 8-12 months

Stable coins are coming
https://cryptogarage.co.jp/en/20190121-1

>> No.12552694
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12552694

>>12552667
time to start accumulating fren

>> No.12552723

this market ran out of idiots who now became bagholders creating insane resistance at all levels up

don't fool yourself about any tech, it was always completely irrelevant
it was always about idiots and nothing else

>> No.12552765
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12552765

>>12552723
2015 called they want a new meme
this is a new era of bitcoin

>> No.12552769

>>12552585
zoom in

>> No.12552989
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12552989

>taproot
>graftroot
>schnorr
>eltoo
>mast
all coming in the next softfork

https://bitcoinmagazine.com/articles/taproot-coming-what-it-and-how-it-will-benefit-bitcoin/

>> No.12553071

>>12552585
lmao that chart is what hodlers think will happen to the price

>> No.12553124

>>12552585
Bitcoin red pill: Governments are using it to analyze bubbles and psychology of market bubbles. Governments can make their own private blockchains and change from paper fiat to digital fiat. Bitcoin development is in the hands of Blockstream who was funded by Bilderberg and Digital Currency Group. It's done. It's a whales and jew coin.

You mother fuckers are still playing this like it's going to decentralize the world and put privacy and transparency back in your lap. Fuck no. Satoshi Nakamoto was the CIA's top cryptographers.

>> No.12553166

>>12553124
retard why would anyone use government coin this has been debunked since 2010
you're being fed lies by altshit shills if you think DCG has control over bitcoin
THEIR S2X SHITFORK FAILED
blockstream has the smartest minds in crypto, their CEO was cited in the whitepaper

you're a liar and a retard

>> No.12553222

Yeah I just went ahead and bought in with 33% of my liquidity

>> No.12553242
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12553242

>>12553124
The next softfork will have several smart contract and privacy features
but I'm sure you'll be a disinfo faggot and say one or the other options depending on the outcome

>> No.12553443

>>12553124
if btc was an official government project as of now it would seem like one of the biggest blunders of all time

>> No.12553463
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12553463

>> No.12553476
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12553476

>> No.12553821
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12553821

>>12553463
>>12553476
are you high or just retarded?
bitcoin is still backwards compatible, a fork of a stinky shitfork with less than 2% of hashing security is not

LN is a multisig contract
1. you sign to create a channel
2. that channel has the data you signed
3. the node you signed to has the 3rd signature

this is spread out to infinity and allows like 10,000 tps per second per channel

>> No.12553876

It's hilarious you idiots don't even realize bitcoin blows your shitcoin out on all fronts
you all just convince yourselves you're smarter than the market because you were too stupid and late to buy bitcoin under x amount of dollars

>> No.12553907

>>12553876
>the market knows
>6k tehheee
>3k tehheee

the price clearly has to drop low and stay low for a while so big miners will kill themselves, only then can we create that bouble effect again.

>> No.12553949

>>12552723
this, I cashed out at 19k reason being when I was in the hood and heard tech illiterate people talking about it like a get rich quick scheme. It was then I knew the run was over, bitcoin exposure was at it's peak and there wasn't gonna be more buyers

>> No.12554024

>>12553949
this is the most basic brainlet line of thinking and has been proven wrong multiple times since 2011 when bitcoin first appeared on the news

>> No.12554097

>>12554024
>selling close to the ATH is basic and brainlet
WEW LAD

>> No.12554122

>>12552585
I understand that BTC is the end goal. What are some altcoins for the next bull run to gain more Satoshis? I'm thinking FLO, ACM, AGI, AE

>> No.12554211

Literally nothing will happen. 3.1k inbound

>> No.12554463

>>12554122
anything that is not a scam and have a war chest

>> No.12554566

rootstock is a failed project. its based on the evm, no public evm product outside of ethereum is a workable solution long term.

bitcoin's smart contracts will be much safer and simpler, but not seen for a while. ethereums main selling point is that they take more risks and move faster even to their detrement. rootstock gives the worst of both worlds, slow moving thanks to bitcoin, with even less security than ethereum due to its centralized mining nature.

>> No.12554634

>>12553821

network capacity is $2 million

Keep deluding yourself

>> No.12555197

>>12554566
Im op and I respect your opinion its actually educated on the cost benefit
I'm not sold on RSK yet but I'm excited about the merge mine business model
RSK has to prove themselves, but bitcoin is the best form of money on crypto so I respect their attempt to incorporate it

>> No.12555217

>>12554566
I disagree with the central mining point bitcoin has the best security
Better than hidden asic and central foundations
But I'll remain skeptical of RSK until they prove themselves
Its am interesting project regardless
More than 99.9% of altcoins can say

>> No.12555224

>>12554634
Has it even been a year?
Keep moving the goal posts

>> No.12555237

>>12555224

>Has it even been a year?
Sounds like cope.

>> No.12555775

>>12552585
You gotta get through all those bag holders who bought in last year from 5k and up. Good luck.

>> No.12556198

>>12554097
Anyone can sell close to the ATH (for now)
It's just survivorship bias to believe anything that a near-ATH seller says
For byspel, I sold at bloody 17k because anyone who'd been watching the market for more than 8 months could see it was going parabolic, about to burst
If you think that $20k is the most anyone will ever pay for a Bitcoin, you're likely wrong, but we'll see

>> No.12557114

>>12555217
What're the 0.1%?

>> No.12557128
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12557128

>>12552585
>RSK development
Bitcoin smart contracts powered by iExec

>> No.12557159

>>12553821
It's over engineered and cumbersome to interact with from a development standpoint . For transactional data there are better systems that can be explained to a regular person and have friendly apis with simple to integrate libraries for a good spread of languages.

>> No.12557165

>>12553476
i want to kill everyone involved in this shit

>> No.12557229

>>12552585
Do you think those retards bought in 2017 because of the fundamentals, they don’t matter.

>> No.12557241

>>12552585

Can you shut the fuck up? I still haven't bought yet faggot.

>> No.12557298

>>12554634

I think it was 50k 3 months ago
Its over cashie

>> No.12557477

>>12552667
I'm guessing the next 7 months it will stick around 3500

>> No.12557519

The only chance BTC will go on another run before LN is if another ETH revolutionery-like project will come and push blockchain adoption to a whole different level, unfortunately there's nothing to be exicted about in the short-mid term, well, maybe Zilliqa but i don't think they'll pull this off so i'm staying bearish for at least another year.

>> No.12557540

>>12557241
Lol
>>12557477
Yeah probabaly

Everyone is like oh it has exposure niggers were buying its over
You retards actually think niggers amd normoes put in the 100s of hours studying this stuff?
Its a no brainer once you get it and very few get it yet

Meanwhile that spic wants 70% tax while calling for your death
Hoards of gibs recipients are flooding into the country daily
22 trillion in debt 100+ trillion unpaid liabilities a 1 million dollar obligation per tax payer
Just wait once it clicks people will flood into this technology

>> No.12557711

>>12553821
LN is a meme because it's not adapted for private individuals, the redpill is that scaling will come onchain and 2nd layers will just be used by companies doing a lot of transactions between each others.

>> No.12557762

no bullmarket yet don't listen to fundamentals.
read the markets.
don't listen to tards that dont trade

>> No.12557809

>>12552585
Nobody needs bitcoin for anything else than buying drugs. No person on earth buys bitcoin just to overpay for something that could be bought directly with a card or bank transfer in the first place.
Anything above $200 is a speculative bubble that has nothing to do with adoption.

>> No.12557829

>>12552617
Are you trying to apply meme lines to transaction #'s? Fucking hell /biz/.

>> No.12557846

>>12557829
kek

>> No.12558510

>muh transactions per second
who gives a fuck about speed
all I want from this multisig niggernetwork is to be able to send 99999999999999BTC from my electrum wallet to my exchange wallet for 0 dollars
if we can get that, LN has served it's purpose
digital gold

>> No.12558971

>>12557711
What do you mean adapted to private individuals
Nobody wants to pay fees for a coffee but are alright paying one to move their life savings

Why any fee at all? Go trust a jew banker if that's the case
It's the best scaling method in crypto and bitcoin has enough foresight to identify future problems with putting everything on chain

>> No.12558984

>>12552723
>insane resistance at all levels
The normies threw $1000 a year ago now has $100 if they kept holding, which I doubt. I wouldn't call it "insane resistance".

>> No.12559279

>>12558971
because miners need economic incentive to keep mining.

The idea is that when all bitcoins are mined, the value of btc will be high enough so that miners will still be incentivized by just earning fees instead of new btc