Bitcoin Thread 2 Satoshi

BTC is gonna keep climbing for the next 2 months until inauguration in January
It is never to late to buy, buy now today
Like that oke did yesterday buying 27 200 of them.
 
From all my years experiencing the cryptosphere, participating in and observing several communities. I have learned that those telling you to buy and HODL wants to sell higher than you.

It is what made this YouTuber a success,

www.youtube.com

Coffeezilla

I uncover scams, fraudsters and fake gurus that are preying on desperate people with deceptive advertising. If you have to ask... it’s probably too good to be true. SUPPORT THE CHANNEL: patreon.com/coffeezilla
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Whenever I hear DYOR speak, you need to research the persons telling you that. Crypto is, what crypto is, to make money.

All I am seeing are the Kaspa drums. "Listing!", "Buy buy buy", "Who are selling?!!"

Crypto never changes.
 
Every time I have to send BTC when price is high it just dawns on me how useless it has become with this pathetic block limit

Ah well that is what the cult wanted, it is what it is

R400 network fee and the link is gonna ask probably another R1500 receiving fee

Cults what can you do
 
leon.davibe said:
Every time I have to send BTC when price is high it just dawns on me how useless it has become with this pathetic block limit

Ah well that is what the cult wanted, it is what it is

R400 network fee and the link is gonna ask probably another R1500 receiving fee

Cults what can you do
Click to expand...

The mempool is not full at all the last week, so it is cheap in sats, it is only expensive in fiat.
 
netcruiser said:
The mempool is not full at all the last week, so it is cheap in sats, it is only expensive in fiat.
Click to expand...
You can generate the same fees by dividing the fee by a 100 or 1000 and have 100 to a 1000 x the transactions

Sorry but it is just silly
So with the same cheap sats fee if BTC ever becomes $1m then my fee would be R4000

Only cult idiocy can think this is a good design

It was a good design it has been broken by idiots
 
leon.davibe said:
You can generate the same fees by dividing the fee by a 100 or 1000 and have 100 to a 1000 x the transactions

Sorry but it is just silly
So with the same cheap sats fee if BTC ever becomes $1m then my fee would be R4000

Only cult idiocy can think this is a good design

It was a good design it has been broken by idiots
Click to expand...

you know you can just convert it to anything and then send that which costs almost nothing... you do know that right?
 
Wrath of Khan MD said:
you know you can just convert it to anything and then send that which costs almost nothing... you do know that right?
Click to expand...
Yea I know, ok so then if everyone does exactly that ie only own the pet rocks on exchanges swop it to something else for transfers

Edit: now yes the actual fee wasn't that bad it is more platform fees

That would mean miners fees falls to what?

When the subsidy is gone how does the network security survive?

+ That also opens up BTC to the inflation bug of FIAT money

ie how do you know exchanges aren't selling non existent BTC since all transactions are happening on 3rd party databases

Naturally if you do BTC in a way that is recommended ie your keys your BTC then you can't skip the silly network fee

So yea miners will probably keep getting some fees

A modern system that can only do what approx 2000 transanctions in 10min

If you really think about it it is a joke

Luckily it has a good cult following so the inflation free digital gold narrative will probably means it will survive

BTC could have been so much more, but alas idiots/cults what can you do
 
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Don't get me wrong when I "got" bitcoin I thought that is a beautiful thing

And still think it is

Inspite of the bullshit
it could have been so much more though

Essentially bitcoin is the Eskom of crypto (please don't use us), the only difference is It has two things counting in its favour limited quantity and cult following
 
S.Claus said:
The court case is still ongoing until January, and it was pumped up like this before dropping. Bunch of FOMO
Click to expand...

It is still the only non-meme cryptocurrency in the top 100 that has hit over a 100 7d% during this bull run. I don't think there is a single crypto currency that haven't been pumped-and-dumped. Crypto rides on FOMO, there will always be more losers than there are winners. I mean, there is a whole altseason push and pull going on. There are people who will prod others to buy so that they can sell higher than them.
 
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