Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
USB-S
on 30/04/2016, 23:08:24 UTC
Quote from: JayJuanGee on April 30, 2016, 10:52:31 PM
Quote from: USB-S on April 30, 2016, 09:43:27 PM
Quote from: JayJuanGee on April 30, 2016, 08:35:29 PM
Quote from: beastmodeBiscuitGravy on April 30, 2016, 07:29:42 PM
Quote from: JayJuanGee on April 30, 2016, 06:07:18 PM
Quote from: bitebits on April 30, 2016, 06:05:52 AM
Quote from: JayJuanGee on April 29, 2016, 07:39:13 PM
Accordingly, in the past couple of years, I have created and kept track of my BTC investment portfolio, and surely there is some creative bookkeeping because my particular BTC investment portfolio is spread over a number of exchanges that includes both BTC and dollar balances

I might just misunderstand, please tell me you are keeping your 'BTC investment portfolio' in cold storage. And the few % that you trade with on an exchange, for the shortest time possible to just execute the trade (btc and/or fiat)?

It's looking as if you are inclined to provide some advice here, and accordingly, I will assert that I do not engage in a practice similar to what you have outlined above.

Translation:

JJG defends Blockstream's strangling and rube goldbergization of Bitcoin while keeping all his censhorship-proof 1MB freedom tokens on the server of a KYC'd exchange.





Back to your regularly scheduled programming: Up, Up, UP!


Translation seems somewhat irrelevant, newbie.

Maybe you can explain a little regarding your bitcoin holdings, if any, and practices in that respect?  Or maybe, Monday morning quarterbacking from mommy's basement is more fun?


The word on the street is that bitcoin is technically too complex for some people.



Sure... that is true.  There are quite a few aspects to bitcoin, and bitcoin has been criticized fairly extensively (and some truth to it) regarding lack of user-friendly apps.  Furthermore, frequently, people only want to spend so much time on any new activity... whether that be bitcoin or something else... So, maybe we may blame people for being dumb, and not mass adopting bitcoin - yet these time management and prioritizing are real issues whenever bitcoin is introduced to anybody.. and they make choices regarding the level of their introduction - what aspects are interesting to them and how they plan to use the technology, if at all.

It's like early days of the internet, and many people only ventured as far as their AOL account would easily take them... .remember dialing into an AOL account... hahahaha.. approximately mid-90s.. that kind of internet experience even lasted until 2006s.. and I believe is still provided some dial up version.  
I remember telling a friend that Internet is a pyramid scheme. People who adopt now, will get the benefits that earlier users have already built.

It's a shame networks take tens of years to build and perfect. Ha ha


I mean look at our current central banking system. We perfected that for YEARS.