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Re: (2025 Update) What have we become here at Bitcointalk? //...boring long posts..
by
Bit_Happy
on 14/07/2025, 16:05:18 UTC
added a new section to the OP:

  • Here is a sample of what we have now, posts that are longer than they need to be and usually very boring:




  • Here is a sample from 2017 - we are not looking at genius-level ideas, but at least they are shorter and easier to read:

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Re: (2025 Update) What have we become here at Bitcointalk?
by
Bit_Happy
on 10/07/2025, 00:23:35 UTC
OP has been updated to ask "In the almost 4 years which have passed, has the forum made any real progress fixing the painfully obvious issues?" and, "New question: Would you invite real people you know in the real world to come here?" Also putting in a request to move to meta bitcointalk forum discussion, thank you.

ps. The main point has changed a bit == You often do not need extra words (painfully boring long posts) to make a good point!
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Board Games and rounds
Re: 🐳 Whale.io | Bitcoin Price Prediction ' July 13 🎁 Prize $100!
by
Bit_Happy
on 02/07/2025, 20:51:29 UTC
$109,416         


//   $109,416.48  -->>  Tie-breaker, if allowed?  Thank you.
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Topic
Board Games and rounds
Re: ♻️ CCE.Cash 🎁 FREE RAFFLE 🎁 $30 in BTC!
by
Bit_Happy
on 02/07/2025, 20:41:50 UTC
Slot #: 48
BTC Address: bc1qjmrf7pl7s8xv9n9ta064qghupxu70r769an8wz



Thank you  Smiley
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Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Bitcoin maximalism: good or bad?
by
Bit_Happy
on 31/05/2025, 21:53:40 UTC
⭐ Merited by stwenhao (1)
If you're a lover of bitcoin, then you're....

If you're a knowledgeable lover of bitcoin, then you are aware of the fact there are many things which currently cannot be done with BTC, for example, advanced smart contracts and many of the great features of Chainlink - including effective communication with SQL databases! Who can show a "maximalist" solution with an entire list of currently missing BTC features?
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Topic
Board Bitcoin Discussion
Topic OP
The Texas Bitcoin Reserve is Happening!
by
Bit_Happy
on 31/05/2025, 21:43:32 UTC
This is Huge, and 30 State SBR bills are currently under consideration in the US.

Texas Bitcoin reserve bill heads for governor's desk for approval

...The bill also benefits Texas by making it the crypto capital of the US. The state is already the biggest for Bitcoin mining in the US, with the state responsible for most of the US Bitcoin mining hash rate. Thus, creating an SBR will only boost its crypto credentials....

Also: CBDC's soon getting banned?

However, it is not just SBRs that are gaining interest. Pro-crypto legislative efforts have generally increased, with Michigan recently introducing four new bills related to Bitcoin and other crypto assets. One of the bills could allow investment of some of state retirement funds into cryptocurrencies.

There is another bill to ban the introduction of central bank digital currencies (CBDCs), while proposed legislation seeks to allow Bitcoin mining projects on abandoned oil and gas wells, with tax deductions for the mining programs....

https://coinmarketcap.com/community/articles/683b14b4adf577684c4bc91f/

Any thoughts on all this? It's not exactly a "Free-market Revolution," but certainly history making news.
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Topic OP
A Nice, Happy Kitten Picture :o)
by
Bit_Happy
on 21/05/2024, 16:09:25 UTC
I was spending a bit of time checking the news, and didn't like what I saw, so now is a great time to smile with a Nice, Happy Kitten Picture:


Source = https://www.theguardian.com/commentisfree/2018/apr/11/cats-why-are-kittens-so-cute
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Topic
Board Bitcoin Discussion
Re: (BTC Reputation Upgrades) Can This Be Done With Bitcoin Without Using Alcoins?
by
Bit_Happy
on 21/05/2024, 16:04:57 UTC
The reputation of the community and the ecosystem is very damaged. You have noticed that correct?


The BTC ecosystem/reputation obviously needs repairs, do you have an opinion on how/what to do ASAP? 

I don't really agree with what you're saying here.  I'm not convinced Bitcoins reputation actually needs any "repairs" or anything - I mean, on what grounds are you saying that's obvious it does?

Seems to me its reputation as a secure way to store value is still pretty solid.  Sure, there's stuff like scalability that's tricky to figure out.  But the basic ideas behind it are still good. Going on about repairing its reputation doesn't seem that productive really. Scams are still way more common with fiat money than with Bitcoin.

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Board Bitcoin Discussion
Topic OP
(BTC Reputation Upgrades) Can This Be Done With Bitcoin Without Using Alcoins?
by
Bit_Happy
on 18/05/2024, 17:48:04 UTC
(BTC Reputation Upgrades) Can This Be Done With Bitcoin Without Using Any Altcoins?

Hello, The following "flow of ideas" *can* be done with Smart Contracts and Altcoins. 
Please Note: I am not proposing or promoting a specific project in this discussion. The outline of details is just an example, seeking the answer: "Can This Currently Be Done With Bitcoin Without Using Any Altcoins?"

* Starting Point = Bitcoin and the community has earned a horrible mainstream reputation with an endless flow of scandals, alleged hacks, and other major thefts.
* Many early Bitcoin users were idealists who wanted to actually help "the masses" have sound money.
* What if (for example) people could safely pool money (BTC) in a way that massively helps improve our reputation?
* Do you think (at least some) some of the super-rich, old-time idealists (and many other people) would be interested?

Here is a quick example of something very positive which can be done with smart contracts and altcoins - and possibly (?) using only BTC:
Bitcoin For "The Masses" Super Bowl 2025 ads!
* Super Bowl ads are relatively expensive, and can be worth the money by creating a Huge Positive Buzz.
* The ad(s) can educate people about the original goals of BTC idealists and how great the future can be!
* The smart contracts used would specify funding targets, and other vital details.
* The first 100 (or 500 - for example) donations all earn the right to be (optionally) participating in a trustee group (DAO = cannot be done with BTC / possibly vote in the forum?)
* The Trustee group and/or exact details in the smart contracts, specify a clear path to securely releasing/converting the funds and buying the ads.

Questions:
The above optimistic, exciting outline can currently be done with smart contracts and altcoins. Can it be done using only BTC?
The BTC ecosystem/reputation obviously needs repairs, do you have an opinion on how/what to do ASAP? 
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Topic
Board Marketplace (Altcoins)
Re: "Christmas Vacation" For all our Staff and Students!
by
Bit_Happy
on 13/12/2023, 02:17:49 UTC
"Christmas Vacation" For all our Staff and Students!


1) All development and publicity efforts are being 100% shut down for at least 36 to 48 hours, and probably several days/weeks after.
2) No payments (zero) have been accepted for any of my current efforts. At this point that is a good thing. No refunds to do, or other related issues.

Why?

* I have two close family members facing surgery soon, and will be moving "Home for the Holidays" right after packing and making travel plans.
* When I make it back here, some of you really will not want to miss out. Please don't "let yourself down" by forgetting the future is created by people who jump ahead of the crowds.

The future can still be bright! Sponsored by +++ Positive Coin +++
Happy Holidays :: (This is an interesting, non-promo thread) Do You Know The First Times Bitcoin Ever Had Real World Value?



ps. Remember, every one of you has great potential to succeed - and/or what do you lose by trying... ...lol?
* There is a talented dynamic group here, and many of them are interested in a co-op effort to become certified Blockchain & Smart Contract Experts.
* That alone, has great future value.
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Board Services
Re: (This is temporarily shut down) 2048: The World's First Long-Term Paid Study....
by
Bit_Happy
on 13/12/2023, 01:46:51 UTC
#BitcoinTalk mod note: This IS a long-term Bitcoin project supporting the BTC ecosystem. A major source of the funding comes from many worthwhile projects - some of which could be called altcoins. We are using "them" to pay us back this time! (details below)    



* Edit: "I/We do not need a big response at first, simply a small group who wants to be a forward-thinking success, instead of a "scared sheep loser."
* I did not accept any payments.
* This is temporarily shut down, but far from over.


Hello, Welcome to 2048: The World's First Long-Term, Paid Study of Bitcoin Users.



# Science + Fun create a truly awesome reality for you, and dramatically improves the heavily damaged (post FTX) Bitcoin ecosystem.
* 2048: The World's First Long-Term, Paid Study of Bitcoin Users will be a "sober", academically valid long term study of Bitcoin users, AND it is combined with Fun and crazy experiences some of you will remember Happily Forever.


Our new video was just released here All honest, constructive feedback is welcome

Key Highlight, seen again later:
* People who join our events will see we have literally No competition as we go places no one ever has before.
* Making Big Money gets much easier when you actually have no competition.



Note: If you successfully applied for our Mid-Dec Staff opportunity, and the related Smart Contract Course you are automatically accepted into the 2048 experience. Your comments, discussion, and feedback are welcome here.
The Big Week before our Christmas Party is still happening & many of you will receive a PM soon, thank you.



Fast Facts:
* The 2048 Study/Experience does not "stand alone" it is part of a Big Picture, designed to provide You with much better opportunities than what you usually see today.
* More details & your proposed compensation for the study are in the lower sections of this post.
* Some of the ideas and concepts here are new to you, like the amazing Muti-Seed credits and bounties.
* We have something Huge which needs to be decentralized ASAP.
* Please be open-minded about new realities and opportunities, this is a great time to be alive!






Please NOTE: If you see a toxic troll - digaran - in any of my threads, please do not allow him (and his false statements) to affect your own independent thoughts:
He has a really bad reputation:

Trust summary for digaran

This user's email address was changed recently.

Post new feedback | Trust settings
Trusted feedback
User   Date   Reference   Comments
Poker Player   2023-12-02      Worst paid signature campaign spammer ever.
NeuroticFish   2023-11-25   Reference   Troll, to say the least. Whatever he writes, cannot be trusted. Harassing DT or playing victim's role is part of his game.

See the links posted by the others, I don't want to repeat all of them.
1miau   2023-11-19   Reference   digaran is a proven troll. He is known for spreading lies, repeatedly harassing forum (DT) members + stirring shit (msg63185119) and he's known for his past shady dealings. Not to be trusted.
DaveF   2023-10-19      I had a negative that I changed to a neutral, but since this user continues to spread lies and harassing forum members I'll put in a negative. Don't trust and just ignore.
JollyGood   2023-09-25   Reference   BEWARE: "digaran" cannot be trusted.

https://bitcointalk.org/index.php?topic=3779450

suchmoon   2018-05-15   Reference   I don't care anymore if you're "trolling" or "joking" or "mentally ill" so I'm gonna apply Occam's razor to you. If you're unable to stay out of self-inflicted shady shit then you're not trustworthy.

AmericanMade89   2023-10-07      Poor attempt at scamming people, claiming to have youtube channel and doing "social experiment" then asking for money.
Royse777   2023-09-24      He/she took a risk by accepting me in a campaign they manage, it is rare to find such people, when you find them, you should know their value.
Nigromante   2023-08-26   Reference   Not trustworthy, a newbie posting a link to a personal site and suggests downloading a brute force tool which is 100% rigged, with trojan, viruses, malware.







Non-Promotional, Educational Info About This Community

This forum used to be a Paradise of Geniuses kicking around a young Bitcoin when it had absolutely Zero value, and later was still almost free. I was not here then, but am aware of the extremely high quality content, complete lack of Spam, no crime, etc. The day I joined the forum, BTC broke over $1 for the very first time and was over $4 later the same day! I soon expected "the price to go back down" (when it was ~$7), and/or my main motive was being truly excited about how interesting the Bitcoin Experience was at that time, so I was not attempting to invest.

*Here is a screenshot of one of the first posts I ever made here.
*When I mentioned "I do not even own any", it was a simple fact, I was not wanting or expecting what you see in the second screenshot:




Wow, nice surprise! I was so new, I used Google to figure out how/where to get an address.  Smiley






During the exciting days I just described above, it quickly became obvious I was hooked on the Bitcoin experience, even without investing. Every time I logged into this forum the enthusiasm and happiness was wonderful. When I was offline, I noticed I would still frequently be thinking about Bitcoin and the amazing people here.

Your Simple, Effective Test

Are you currently reading "The Full Version" of this presentation? At this moment it is due to be released in ~4 to 6 hours or sooner. If/when you do read the full version, please start to noticed if you are able to go ~ 90 minutes or more without thinking about anything you read hear today. (Spoiler Alert) Even something as crazy as our Party On The Beach! section (in the Full Version 2nd half) - that is priceless and Fun for a certain very large group of people who tend to already be interested about Bitcoin and related topics.

  • Please come back to this thread some day soon, and tell us the results of your test, thank you.





Blockchain Buzzwords!

Ricardian contracts, smarter contracts, Chainlink! (awesome since it can not only "talk" with most major blockchains, LINK can handle data from outside sources, like a MySQL database) You will not see me using a ton of those buzzwords, we see the people of this community urgently needing better opportunities, and our own Massive Global Escrow as top priorities. We also have over 40 staff/students interested in a full 18 hour Smart Contracts/Blockchain course (with a co-op effort to help each other), which gets started asap.

Smart Contracts are a powerful tool and certified experts average over $175,000/year, stay tuned...






Question: Can a Fun, virtual Paradise so good ever exist again?

Moderately-Promotional, Info You Might Enjoy

The 2048 Long-Term Study of Bitcoin Users & Our Ten Seeds Network cannot reproduce exactly the type of Paradise which used to exist here, but we can have a tremendous amount of Fun giving it our Best Shot.





  • Our new video was just taken down for now, stay tuned.
* The 2048 Study/Experience runs for 24 years
* Mystery Money :: Your Time In Eden will last as long as you want. When our amazing Muti-Seed credits and bounties begin to turn into Real Money, many new realities will be open to enjoy. Similar to Bitcoin, some of us will truly enjoy the early days when it is an exciting new type of "Magic Internet Money."


Simple "Roadmap" For The Genesis of the 2048 Long-Term, Paid Study of Bitcoin Users:

* Staff and paid members (at all levels) automatically are part of the Study.
* In the best possible version we will have actual College Professors and MIT students involved also, helping to create a real scientific study with lasting value.
* This thread will be for openly discussing various topics, and some Bitcointalk.org members will be chosen/invited into the paid study/experience, and able to start for free.






  • You are now entering "the New Part", a major update.

[ANN] Positive Coin (+++) A Fun Project Which Is Honestly Hard To Say Anything Negative About.
https://bitcointalk.org/index.php?topic=5477221.0



Brief details about Positive Coin are at the ANN thread, please check for the technical details on our creative, new early-seed split where your early effort and value is instantly doubled. +++ Speaking of ANN. Ann Party has never been seen anywhere before Today



[ANN] ANN Party: Fun + Blockchains = A Massive Source Of New Wealth



We Can Have Fun, and Make Money!









Reality Check & "Big Balls"

First the "Big Balls", then we do a super-fun reality check.

About Me: Years before Bitcoin even existed, I started reaching way beyond my current abilities because I Love to learn, and enjoyed the challenges of many IT related projects. You are seeing here only a small piece of a very Big Picture. Honestly, it takes "Big Balls" to come in front of you and shout (for example) "Please try these Fun ways to Make Big Money You will be Amazed!" My unique, unprofessional style is intentional, I am not trying to compete with the "slick pros" who have done so much damage to the Bitcoin ecosystem.  

* People smart enough to join our events will see we have literally No competition as we go places no one ever has before.
* Making Big Money gets much easier when you actually have no competition.




Reality Check (Part1):
"It's no good believing in somebody else
If you can't believe in yourself
You give them the reason
To take all the power and wealth." ~Alan Parsons

This is for You, please enjoy the experience.


Q) Is this a Paid Study or Paid Memberships?
A) Both

* 2048: The World's First Long-Term, Paid Study of Bitcoin Users will generously compensate participants during the entire 24 years.
* Paid Memberships - most are extremely affordable - are required to get started.
* There are No freebies (except for early staff members, and some people selected from this community)
* Valuable Scientific Studies need funding to exist, and huge profits can be made by learning from the data.

Q) What amounts of money do we get paid during the 24 years of unique experiences?
A) My sig currently has a link to a thread called A serious question(?) about decentralization. There you will find a partial answer, and the concept of Teams is introduced. During the coming weeks, please watch for updates regarding how our Teams can compete to turn Fun Ideas into Real World Businesses.


Your memberships also include full access to Mystery Money :: Your Time In Eden (a virtual paradise with No SEC, AML/KYC and other legal BS), Ten Seeds, and so many other projects we will actually NEED qualified students and life-long learners of all ages to rise up and lead Real World Businesses. For the rest of us we also have a super Fun way to make honest money called Easy Street - more info below.



Reality Check (part2):
Are you qualified to enjoy this experience and obtain "almost anything you want" in the next 1 to 4 years?


You are about to read some information which proves/strongly suggests I really can offer you things no one else can. If you have the patience, desire and ability to see the reality presented, then "Yes" you are qualified; I hope you are able to understand the unique value.

An important early "public key to understanding" the 2048 study & Ten Seeds is in this two-part segment:

"Do not avoid necessary complexity, articulate why it's important

If a subject is naturally complex, work to make it no more complex than it needs to be, but no less. People are not naturally averse to complexity, however they need to know it is worth their time and energy. Educating them on how to do something is not enough, there should be education on why it's important. People enjoy learning if the subject is interesting and engaging, it is the job of design to not just deliver simplicity, but to also provide delight."
Thank you!
From: In Defense of Hard: When Easier Isn't Better




We can also offer you Fun and Money on Easy Street

"Real-world hard stuff" like Smart Contracts, Blockchain development, etc is not for everyone. To balance things out we have a great concept called Easy Street. You can be creative, play video games, and even Party On The Beach!




What?
That's right I said we actually are preparing to "leave for a while" and Party On The Beach!

* We can have blockchain related parties and conferences on beaches near colleges and universities!
* Most of you know Party On The Beach! is a bad thing in this community representing huge crimes and running away with the money.
* We can be so Fun, Honest, and optimistic that we turn the negative thing into a unique and truly Huge Asset.
* Blockchain events are normally Big Ticket items, we can be a bit more affordable, make Tons of Honest Money, while having a great time on beaches with students, and life-long learners of all ages.





This next part proves/suggests you are now seeing one of the best things you will ever see in this community:

It is sometimes (way too often) very difficult for me to communicate clearly. In school I was teased/hassled for being The Brain (I was A++ in math, not quite like Satoshi, but I clearly demonstrated a "top-shelf World-Class" ability for the creative side of math, i.e. extremely advanced geometry theorems postulates, etc.

Put simply, I can literally and easily prove the ability to create new ideas and combinations of existing ideas, which almost no one else in the world can create.
It is both a unique gift, and a type of "unusual handicap", making it difficult to clearly show You my best ideas.

Everyone accepted into the study will have plenty of time to "understand my unique, unprofessional style"

"So much style without substance
So much stuff without style
It's hard to recognize the real thing
It comes along once in a while" ~Neil Peart

This can be amazing, please join us, you do Not want to miss out on the Real Thing.


* Edit: "I/We do not need a big response at first, simply a small group who wants to be a forward-thinking success, instead of a "scared sheep loser."
* I did not accept any payments.
* This is temporarily shut down, but far from over.



Everyone, thank you so much for your time and have a great day!








Thanks for tuning in, and have a Great Day!
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Topic
Board Bitcoin Discussion
Re: Do You Know The First Times Bitcoin Ever Had Real World Value?
by
Bit_Happy
on 11/12/2023, 20:55:28 UTC
We Sell 1,578.76 Bitcoins for $1.00 USD Plus PayPal Transaction Fee.

Faisal2202 that is much more dramatic than my examples, and you helped teach me something thank you!
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Topic
Board Tokens (Altcoins)
Topic OP
Homeless Token (HOME) You Can Make Good Money By Helping People In Urgent Need.
by
Bit_Happy
on 11/12/2023, 08:21:00 UTC
#Please pay attention to the simple and valuable details here. I have over 45 students/staff eagerly waiting for a modest amount of early funding. We do not need to "move the crowd" right away. We only need ~1 to 10 savvy individuals who understand, when I finally break through you do not want to be left behind by failing to act today, thank you.



As deaths of homeless people rise, L.A. to appoint new leader to tackle crisis


Homeless Token (HOME)

Fast Facts:
* Homelessness is currently a huge problem in many parts of the USA, how are things in your town?


* Standing alone this project doesn't sound like a source of Massive New Wealth, but as a small piece of a very Big Picture how does it look?
* Our community and ecosystem has earned a terrible reputation in many areas of the mainstream world. We (some of you) earned it with an endless parade of scams, and most of you know this is true.
* Imagine a successful Ten Seeds network with (literally) a Super Bowl Ad showing how much we help some of these people. The great publicity would be worth much more than the cost of the ad + actually helping some people before they literally die from suffering in cold, horrible conditions.
# We are developing a decentralized Massive Global Escrow, so Ten Seeds can be powerful and trustless* network, and enjoy a reality where "Almost Anything Is Possible."

*Trustless in Crypto: The concept of trustlessness is a core element of blockchain, crypto payments, and smart contracts. “Trustless” means that you don't have to trust a third party.



More details on this project provided later: For now, the forward-thinking people we need can please start here:     
(Video Just Released) 2048: The World's First Long-Term, Paid Study of Bitcoin users.
That topic is pretty long and very informative, please turn on your brain and do your due diligence.

Thank you, and have a great day.
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Topic
Board Off-topic
Merits 4 from 1 user
Re: Over 14 entire YEARS of Bitcointalk history - This is quite interesting!
by
Bit_Happy
on 11/12/2023, 05:52:33 UTC
⭐ Merited by nutildah (4)
Not many people are tuned into the old threads, and < an hour ago a posted a topic inviting people to learn more about the deep history here, and study some of the old threads. Seeing your topic was a surprise so soon after.  Smiley


Hey, as you all may have known Bitcointalk literally has been around here for over a full decade! That's crazy. With that, there's quite alot of history here....

The craziest event?
Shortly after the peak of the first Bull market (after quickly going from under $1 to over $32.50!) the market was already heading lower, and our "attackers" picked the perfect time to strike. A group of people - coming from the site 4Chan - started a thread called "THE PRICE OF BITCOINS IS CRASHING SELL SELL SELL", and they were far from finished.

As a team, they worked together to bump that thread repeatedly for several hours, and post similar negative topics designed to "belong" in quite a few sections of the forum. Every time someone clicked on the "show unread posts" list all they saw was a massive wall of negativity during the ~4 hours that Bitcoin was now crashing even harder. They temporarily had a huge influence on this forum, and it made the Bear move much worse that day. Oh well, many people do not ever learn "Buy low, Sell high", and back then most of the community was really young, so they were literally scared kids panicking. Did most of them ever "grow up" and stop panicking... ...lol?   
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Topic
Board Off-topic
Merits 1 from 1 user
Re: My Journey with Type-2 Diabetes
by
Bit_Happy
on 11/12/2023, 04:49:18 UTC
⭐ Merited by WatChe (1)
Great topic OP, thank you.

Quote
One such doctor on Youtube is Jason fung.

Another popular Doctor who cures most major diseases with diet is seven-time best-selling author Joel Fuhrman.
https://www.youtube.com/user/drfuhrman
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Topic
Board Off-topic
Re: PHP developers - please stand up!
by
Bit_Happy
on 11/12/2023, 04:43:32 UTC
I used to write php apps to breakdown and improve strategies for turn based games.

But it has been more than a decade since I've touched it.

With recent trends toward dynamic pages and html5.

And more recently web3, meta and defi.

Is there still a good niche for php development?

This thread is a good resource if some of those old-timers are still active, and I was curious about your question, "Is there still a good niche for php development?"

source = https://www.quora.com/Is-PHP-still-relevant-to-build-websites-in-2023


Yes, PHP is still relevant for building websites in 2023. Despite the emergence of new programming languages and frameworks, PHP remains one of the most widely used and popular choices for web development. Here are some reasons why PHP continues to be relevant:

    Large and Active Community: PHP has a vast and active community of developers worldwide. This means there is extensive documentation, resources, and support available for PHP development. The community continuously contributes to the improvement and evolution of the language.
    Extensive Frameworks and Libraries: PHP offers a wide range of frameworks and libraries that simplify web development tasks. Popular PHP frameworks like Laravel, Symfony, and CodeIgniter provide robust features for building scalable and secure web applications. These frameworks follow best practices, provide efficient routing, database abstraction, and handle various aspects of web development.
    Scalability and Performance: PHP is known for its scalability and performance. It can handle high-traffic websites and has built-in mechanisms like caching, opcode caching, and data optimization techniques to enhance performance. With proper coding practices and optimization strategies, PHP can deliver fast and efficient web applications.
    Ecosystem and Integration: PHP has a rich ecosystem with numerous third-party packages and integrations. It integrates well with various databases, web servers, and platforms, making it versatile for building different types of websites and applications....


Not exactly about a "niche", but it shows PHP is still very popular.
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Topic
Board Altcoin Discussion
Re: Altcoins dead?
by
Bit_Happy
on 11/12/2023, 04:26:05 UTC
Several altcoins are great for making small payments with almost zero fees, so they have a real reason to own some. Others will be around for a long time, even if they are way down from their all-time highs - Solana (SOL) and The Sandbox (SAND) are two examples which are alive and heading into the future.
Post
Topic
Board Bitcoin Discussion
Merits 4 from 2 users
Topic OP
Do You Know The First Times Bitcoin Ever Had Real World Value?
by
Bit_Happy
on 11/12/2023, 03:47:59 UTC
⭐ Merited by nutildah (3) ,cafter (1)
Most of you have heard of Bitcoin Pizza day originally on May 22 2010. At that time mining was still so easy that virtually no one paid cash for Bitcoin. Another historical milestone happened a bit later in 2010 > I started here in April/May 2011. This next info I learned from an old thread which was discussing an even older thread, I've lost those bookmarks now, but might find them again someday. One amazing thing about this forum is the really old threads, have you ever studied/looked at any? 
 

The first ever "record" of someone <~exact quote from the thread>"selling Bitcoin for Paypal(!)* payments and keeping records on a spreadsheet" was also in 2010.
That's right, BTC was still so close to free, it was safe for "the only guy doing it" to accept Paypal (lol?), despite the obvious risk of reversed transactions. The price he was selling them for will be a big surprise for some of you: The discussion in the old thread was about him selling BTC at the price of 300BTC/dollar!

This actually happened in the real world, so how does the math look?

To make it a bit more believable let's go with "only 200 BTC"/$, a half a penny each. Now, I'm not saying many people bought that low and held on all the way. Let's say you invested only $100, then proceeded to eventually spend, give away*, and/or gamble away 95% of your long-term stash. Now you have only 5% of your original amount left. 
*(people were extremely generous back then, and no crime here either)
 
200BTC/$ * $5 = $1,000BTC! If you where one of the lucky people to sell near the current all-time high how much would you have made?

Even at "only $20k/BTC" :::: 1,000BTC * $20,000  = $20,000,000! If my math is off, please let me know. At 200btc/$ every One Dollar turned into 4 Million, you do not see that many times in your lifetime, but that is what actually happened with Bitcoin. At $40k that same person has $40,000,000 today, and near the all-time high you are looking at $70 Million coming from only 5% of a $100 investment.

We can all see there is often an "high - sometimes insane - level of greed" in this community. People are often trying to find the next thing which will produce huge profits. One reason I Love the old threads in this forum is the way people helped each other "figure out the hard stuff" with no motive of short-term profits.

One more early Bitcoin milestone, related to internet eCommerce was the alpaca socks kid. This guy's parents owned a small farm and made alpaca socks. He talked his parents into accepting BTC. That family is so rich now, they probably had to relocate to someplace they "were not so famous." History class in school can be really boring, but BTC history is amazing! Have a great night.



Thomas-Soellner/Getty Images


One amazing thing about this forum is the really old threads, have you ever studied/looked at any?
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Re: (Video Just Released) 2048: The World's First Long-Term, Paid Study of BTC users
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Re: (Full Update - Satoshi Day!) 2048: The World's First Long-Term, Paid Study....
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Bit_Happy
on 09/12/2023, 21:55:42 UTC
[ANN] Positive Coin (+++) A Fun Project Which Is Honestly Hard To Say Anything Negative About.
https://bitcointalk.org/index.php?topic=5477221.0


Brief details about Positive Coin are at the ANN thread, please check for the technical details on our creative, new early-seed split where your early effort and value is instantly doubled. +++ Speaking of ANN. Ann Party has never been seen anywhere before Today:



[ANN] ANN Party: Fun + Blockchains = A Massive Source Of New Wealth



We Can Have Fun, and Make Money!
Thank you Smiley