Viewing a response to: @haejin/bitcoin-btc-mid-day-update-what-are-the-alternate-counts
I am really starting to doubt that Bitcoin will ever make it past the 20K mark. Sure it's had an astronomical run, but the cracks in it's architecture are really starting to show (tx costs and tx backlogs). Obviously, I have no empirical data to prove it, but just like reading charts and waves....It's more of an ART than a SCIENCE!
post_id | 24,014,573 |
---|---|
author | sirstacksalot |
permlink | re-haejin-bitcoin-btc-mid-day-update-what-are-the-alternate-counts-20180106t192604268z |
category | bitcoin |
json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
created | 2018-01-06 19:26:03 |
last_update | 2018-01-06 19:27:54 |
depth | 1 |
children | 10 |
net_rshares | 326,118,306,252 |
last_payout | 2018-01-13 19:26:03 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 2.702 SBD |
curator_payout_value | 0.454 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 335 |
author_reputation | 18,197,008,586,099 |
root_title | "Bitcoin (BTC) Mid-Day Update: What are the Alternate Counts?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
slapbox | 0 | 2,349,946,641 | 2% | ||
vimukthi | 0 | 1,343,830,618 | 5% | ||
nikethemutt | 0 | 265,714,028,203 | 75% | ||
sirstacksalot | 0 | 54,702,858,563 | 100% | ||
peakey | 0 | 1,160,487,969 | 100% | ||
wowdruid | 0 | 847,154,258 | 100% |
As long as these cracks remain, I also doubt we will see much dynamics. It will put more pressure on to solve scalability even more, which I believe is possible. When solved, we can see similar dynamics as in 2017 again.
post_id | 24,016,141 | ||||||
---|---|---|---|---|---|---|---|
author | roelofreineman | ||||||
permlink | re-sirstacksalot-201816t203534132z | ||||||
category | bitcoin | ||||||
json_metadata | "{"app": "esteem/1.4.7", "format": "markdown+html", "community": "esteem", "tags": "bitcoin"}" | ||||||
created | 2018-01-06 19:35:42 | ||||||
last_update | 2018-01-06 19:35:42 | ||||||
depth | 2 | ||||||
children | 0 | ||||||
net_rshares | 0 | ||||||
last_payout | 2018-01-13 19:35:42 | ||||||
cashout_time | 1969-12-31 23:59:59 | ||||||
total_payout_value | 0.000 SBD | ||||||
curator_payout_value | 0.000 SBD | ||||||
pending_payout_value | 0.000 SBD | ||||||
promoted | 0.000 SBD | ||||||
body_length | 220 | ||||||
author_reputation | 3,970,899,438 | ||||||
root_title | "Bitcoin (BTC) Mid-Day Update: What are the Alternate Counts?" | ||||||
beneficiaries |
| ||||||
max_accepted_payout | 1,000,000.000 SBD | ||||||
percent_steem_dollars | 10,000 |
I think that if it falls down, a lot of people will want to buy cheap => rally => even more to buy because bullrun => 25k$ at least. That's why some downtrend to 10k$ could be really good for btc. Or it will just go up to 25k$ in a few weeks, then something will happen that will make it go even higher, some tech or some new use of btc (nasdaq, amazon or any other kind of thing that bring money into the system)
post_id | 24,021,297 |
---|---|
author | adri1202 |
permlink | re-sirstacksalot-re-haejin-bitcoin-btc-mid-day-update-what-are-the-alternate-counts-20180106t200826339z |
category | bitcoin |
json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
created | 2018-01-06 20:08:27 |
last_update | 2018-01-06 20:08:27 |
depth | 2 |
children | 0 |
net_rshares | 666,585,701 |
last_payout | 2018-01-13 20:08:27 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 413 |
author_reputation | 133,864,884,206 |
root_title | "Bitcoin (BTC) Mid-Day Update: What are the Alternate Counts?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
adri1202 | 0 | 666,585,701 | 100% |
Most of these issues are because most of the exchanges like coinbase have yet to implement segwit. In coinbase they are not using batch transactions either. Just by Coinbase doing this it will cut congestion on the bitcoin network dramatically . Next year at this time we will be complaining why coinbase hasn't opened a lightning channel. All of us bitcoin users need to apply pressure to these exchanges. I'm personally looking at bitflyer here in the US to by bitcoin with fiat as coinbase is a failure as far as i'm concerned.
post_id | 24,021,689 |
---|---|
author | joebobby187 |
permlink | re-sirstacksalot-re-haejin-bitcoin-btc-mid-day-update-what-are-the-alternate-counts-20180106t201106951z |
category | bitcoin |
json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
created | 2018-01-06 20:11:06 |
last_update | 2018-01-06 20:11:06 |
depth | 2 |
children | 6 |
net_rshares | 71,297,824,268 |
last_payout | 2018-01-13 20:11:06 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.520 SBD |
curator_payout_value | 0.167 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 530 |
author_reputation | 5,397,867,529 |
root_title | "Bitcoin (BTC) Mid-Day Update: What are the Alternate Counts?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
morseke1 | 0 | 39,267,414,449 | 100% | ||
diverse | 0 | 31,430,921,319 | 100% | ||
tumtum01 | 0 | 599,488,500 | 100% |
I completely agree. I heard yesterday from my buddy it's now taking 9 days to get BTC after your purchase! The market will find a workaround and then Bitcoin will have no choice but to get on with Segwit and speed up the development of lightening network. I bought an interesting coin, ENG that: "Enigma is a second-layer, off-chain network to solve the two biggest blockchains problems: scalability and privacy". Maybe they will come to the rescue. I doubt Bitcoin would move on it though.
post_id | 24,028,439 |
---|---|
author | morseke1 |
permlink | re-joebobby187-re-sirstacksalot-re-haejin-bitcoin-btc-mid-day-update-what-are-the-alternate-counts-20180106t205620384z |
category | bitcoin |
json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
created | 2018-01-06 20:56:18 |
last_update | 2018-01-07 00:58:12 |
depth | 3 |
children | 2 |
net_rshares | 462,190,175 |
last_payout | 2018-01-13 20:56:18 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 495 |
author_reputation | 518,136,806,985 |
root_title | "Bitcoin (BTC) Mid-Day Update: What are the Alternate Counts?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
joebobby187 | 0 | 462,190,175 | 100% |
Yea it's crazy. I have a like .05 of bitcoin that i have been accumulating with scheduled payday buys that i stopped because of the issues. I think i'm just going to sell it into fiat near the top of the next run up. Set up a bitflyer account and buy back in on a dip. I'm done with coinbase.
post_id | 24,035,603 |
---|---|
author | joebobby187 |
permlink | re-morseke1-re-joebobby187-re-sirstacksalot-re-haejin-bitcoin-btc-mid-day-update-what-are-the-alternate-counts-20180106t214739277z |
category | bitcoin |
json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
created | 2018-01-06 21:47:39 |
last_update | 2018-01-06 21:47:39 |
depth | 4 |
children | 1 |
net_rshares | 39,945,998,016 |
last_payout | 2018-01-13 21:47:39 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.289 SBD |
curator_payout_value | 0.094 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 292 |
author_reputation | 5,397,867,529 |
root_title | "Bitcoin (BTC) Mid-Day Update: What are the Alternate Counts?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
morseke1 | 0 | 39,945,998,016 | 100% |
Why would anyone buy bitcoin at a site like coinbase ? I've been using bitpanda, they have BTC, BCH, LTC, ETH, XRP and DASH, so you buy the least volatile, send that to an exchange you like and buy bitcoin there when it's convenient.
post_id | 24,116,354 |
---|---|
author | jojof |
permlink | re-joebobby187-re-sirstacksalot-re-haejin-bitcoin-btc-mid-day-update-what-are-the-alternate-counts-20180107t084929119z |
category | bitcoin |
json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
created | 2018-01-07 08:49:33 |
last_update | 2018-01-07 08:49:33 |
depth | 3 |
children | 2 |
net_rshares | 1,298,099,690 |
last_payout | 2018-01-14 08:49:33 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 235 |
author_reputation | 82,329,514,724 |
root_title | "Bitcoin (BTC) Mid-Day Update: What are the Alternate Counts?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
joebobby187 | 0 | 468,352,711 | 100% | ||
wowdruid | 0 | 829,746,979 | 100% |
Is bitpanda open to US customers?
post_id | 24,231,672 |
---|---|
author | joebobby187 |
permlink | re-jojof-re-joebobby187-re-sirstacksalot-re-haejin-bitcoin-btc-mid-day-update-what-are-the-alternate-counts-20180107t213817060z |
category | bitcoin |
json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
created | 2018-01-07 21:38:21 |
last_update | 2018-01-07 21:38:21 |
depth | 4 |
children | 1 |
net_rshares | 617,141,527 |
last_payout | 2018-01-14 21:38:21 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 33 |
author_reputation | 5,397,867,529 |
root_title | "Bitcoin (BTC) Mid-Day Update: What are the Alternate Counts?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
jojof | 0 | 617,141,527 | 100% |
Personally I think Dash will steal the torch from BTC. Everything about Dash looks a lot like what BTC was at the beginning of the year. Dash has an on chain lightning network with 1.3 second Tx and they are on their path to 400MB blocks.
post_id | 24,085,490 |
---|---|
author | vimukthi |
permlink | re-sirstacksalot-re-haejin-bitcoin-btc-mid-day-update-what-are-the-alternate-counts-20180107t043457902z |
category | bitcoin |
json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
created | 2018-01-07 04:35:15 |
last_update | 2018-01-07 04:35:15 |
depth | 2 |
children | 0 |
net_rshares | 0 |
last_payout | 2018-01-14 04:35:15 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 238 |
author_reputation | 214,343,891,436,406 |
root_title | "Bitcoin (BTC) Mid-Day Update: What are the Alternate Counts?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |