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Showing 12 of 12 results by bitcoin2.0
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Topic
Board Altcoin Discussion
Topic OP
The Great Bitcoin Crash of 2015 - sorry Satoshi
by
bitcoin2.0
on 15/01/2015, 20:15:19 UTC
Congratulations to Newmine and everyone who increased their crypto stake by 30% as bitcoin fell by 30%.  We traded our crypto (BTC/LTC/BTS/DOGE/etc) into fiat (BitUSD) a few days ago:
Trading BitShares for fiat is great.
What an endorsement!
Hey, everybody, trade your BitShares for fiat. Now.
I hope to Satoshi, that you unload every last one of your BitShares
Now we have bought our crypto back on the same blockchain exchange where we first picked up our fiat/hedge (BitUSD/CNY/RUB/GOLD etc).
 
BitShares is centralized around one global human voting consensus. 

The wealthiest shareholders rule over delegated miners.  The wealthy shareholders are just kids who mined BitShares when it was a zero premined proof of work bitcoin1.0 called Protoshares, and now they vote only for delegated miners who reveal their true identities (sorry Satoshi).

Nobody makes a million dollars if BitShares jumps 1% like Satoshi does with bitcoin.

In Bitcoin2.0 the biggest shareholder is a group of Satoshi's mining diciples.  They all got ready on that fateful day just over a year ago, and began mining when the starting gun sounded.  Nobody will ever have as many bitcoins as Satoshi, for he is the truth, light, and way of Bitcoin1.0 

Bitcoin2.0 has no gods like Satoshi, only a consensus of Satoshi diciples, most of whom want to help create a sustainable planet.  Bitcoin1.0 (Protoshares) became Bitcoin2.0 (BitShares). 

Just as John the Baptist prophesied the arrival of the son of man, one esteemed cryptographer has referred to the coming of Bitcoin2.0 as “the only" profitable (interest bearing) unmanned DAC (Distributed Autonomous Consensus) based on a blockchain that automatically pays men and women for symbiotically strengthening it.  Bitcoin2.0 is Bitcoin Biotech because the robotic corporation supports the humans who support the robot in profitable perpetuity.  BitShares is the one profitable DAC that will still be an "interesting set of strategies" when the industry standard turing complete scripting language open source code that he is working on is eventually forked into BitShares to combine trust-less complex BitAsset on-blockchain trading ability with crypto app programmability.

http://bitshares.tv/vitalik-buterin-bitshares-dpos/

BitShare miners get to choose to be paid in any form of currency (like all progressive companies) such as US dollars, bitcoins, gold, BTS, and of course CNY.  You may have heard of the term "one global currency," well there is actually a currency that is based on the "one true global consensus (the definition of BitShares)".  I often speak in parables to underscore the universal love that I give, however, I must admit that I have not been completely transparent in the wake of recent events concerning my Miami exile.

I'm not a developer, I just see the value in the product being developed.  Earlier historically.  I discovered Bitcoin2.0 when Invictus decided to allow shareholder voting control over who gets to have the daily mintage.  This is the number one negative issue that I have with bitcoin.  What are our miners doing with their freshly minted coins?  I want my miners making positive change to our ecosystem.  The only incentive bitcoin miners currently have is to create enough money to payback the interest on their ASIC investment before the price of bitcoin falls back down to earth.  When someone buys a bitcoin, they are giving a percentage to these once generous miners who have fallen victim to the worldly temptation of greed:

https://ip.bitcointalk.org/?u=http%3A%2F%2Fa-dc.org%2Fblog%2FMegaBitPowerCarlson.jpg&t=548&c=hqyExYJDuQCbsg
(and you thought that you were disappointed when the bitcoin price dropped 30%)

It's not that I don't trust Satoshi, I just see his greater vision, and he who panics first panics best.  There are no coincidences, only chain reactions:

http://www.zerohedge.com/news/2015-01-15/its-tsunami-swiss-franc-soars-most-ever-after-snb-abandons-eurchf-floor-macro-hedge-

My number 2.0 problem that I have with bitcoin is that one of the largest shareholders is he who is keeping me out of the USA:

http://www.coindesk.com/bitcoin-twitter-price-plunge/

I will not be both exiled and dumped on, therefore I must divest my holdings of

worldgovernmentcoin (bitcoin1.0), and get some peoplegovernmentconsensuscoin (bitcoin2.0)

Just as Jesus was persecuted and censored for being the messenger of love I now say to you without regret:
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin eBooks
by
bitcoin2.0
on 09/01/2015, 17:12:00 UTC
Post
Topic
Board Altcoin Discussion
Re: Bitshares Community proposes Ethereum merger realizing they arent good enough
by
bitcoin2.0
on 09/01/2015, 14:49:11 UTC
Trading BitShares for fiat is great.  You get better pricing than at the exchanges if you are patient (because shorts are forced to cover every 30 days in order to provide liquidity), but you have to be much more patient when trading Bitcoin for fiat compared to MtGox liquidity.  It is more like Coinbase right now (the spreads are high so day-trading is difficult)(more like week-trading currently).

Right now it is great for the mid to long term investor, but BitShares vs fiat is day-tradable if you only make one to two trades a day.

The biggest problem currently is that the price of BitShares has been stable for 2 months, so the volatility is almost zero.

Basically we are trading around shorts who are forced to cover every 30 days while we wait for more pissed off GoxStamped traders to migrate.  I love trading, but I hate hearing about Gox/BitStamp heists every month (those are the worst trades).

So given the current options, I'll risk low volume/volatility over worrying about getting Goxed
Post
Topic
Board Altcoin Discussion
Re: Making PoW usefull
by
bitcoin2.0
on 09/01/2015, 13:59:00 UTC
Here is a guy who is using the power of bitcoin mining to benefit the planet:

http://www.logicoins.org/wp-content/uploads/2014/06/20140523_164302-e1404154208253.jpg

I'm going to buy some of his bitcoins right now, how about you give him your money too!

Bitcoin 1.0 YAY!!!
Post
Topic
Board Altcoin Discussion
Re: Bitshares Community proposes Ethereum merger realizing they arent good enough
by
bitcoin2.0
on 09/01/2015, 13:37:02 UTC
I'm trading Bitcoins for dollars right now like BitStamp and MtGox on the Ethereum blockchain without any counterparty risk of Mark Kerfuffle stealing my coins whatsoever!

uhhh..I mean "BitShares" blockchain...
Post
Topic
Board Marketplace (Altcoins)
Re: Development of new cryptocurrency, website, blockchain.
by
bitcoin2.0
on 09/01/2015, 13:22:06 UTC
Post your resume here:

https://bitsharestalk.org/index.php?board=61.0

and you might land a paid gig just like this guy who is just like you:

https://www.youtube.com/watch?v=Yrif9uThwSY

Good luck on the interview!

https://www.youtube.com/watch?v=jxmhKpm4Ojw

Post
Topic
Board Altcoin Discussion
Topic OP
yes yes yall
by
bitcoin2.0
on 06/01/2015, 13:20:10 UTC
and it don't quit
Post
Topic
Board Altcoin Discussion
Re: More BitShares greed.
by
bitcoin2.0
on 06/01/2015, 12:42:44 UTC
OP topic is not being implemented.  End of discussion:

http://thevalueswan.com/is-bitshares-undervalued-by-60-times-60x/

oops, wrong link:

I wasn't suggesting any thing be guaranteed.  Core developers could always be voted out even if by default they were approved.  

It is clear there is a lot of controversy over this, so it will not be implemented.

Wow, that was easy.  Vote for what features you want implemented in your coin.  Eat your heart out bitcoin (and BitStamp too:


https://www.youtube.com/watch?v=wczMKASQk6s&index=2&list=PLjgfpSQFJTLqbgHm8mkgPdD-ma7t0bRhK

).
Post
Topic
Board Service Discussion
Re: BitStamp - hacked and down
by
bitcoin2.0
on 05/01/2015, 20:11:05 UTC
https://www.youtube.com/watch?v=TtCVRIwcBYU&index=1&list=PLjgfpSQFJTLqbgHm8mkgPdD-ma7t0bRhK

decentralized BTC exchange cannot be hacked

(trustless / no counterparty risk / insured and secured by blockchain technology)
Post
Topic
Board Service Discussion
Re: Interesting comments on BitStamps possible compromise from July 2014
by
bitcoin2.0
on 05/01/2015, 19:55:57 UTC
Good thing that the decentralized BTC exchange (with zero counterparty risk) is now open and fully operational.

https://www.youtube.com/watch?v=TtCVRIwcBYU&index=1&list=PLjgfpSQFJTLqbgHm8mkgPdD-ma7t0bRhK

Who needs BitStamps or Gox Mountains, Polyoniexes, or MintPals, or anything but
Post
Topic
Board Altcoin Discussion
Re: Best Altcoin to invest in for 2015 and WHY
by
bitcoin2.0
on 04/01/2015, 05:12:35 UTC
Come to my house and let's talk about the future!

prerequisite reading:

http://cryptofresh.com/
(bitcoin 2.0 for dummies aka: why BitShares still has a consistently higher market cap than NXT or XCP)

Vitalik realizes that miners must dump their coins to pay for their equipment, therefore Proof of Stake is bitcoin 2.0:

But what bitcoin 2.0 projects are not scams?  Here is Vitalik telling you where you can invest in an interesting set of crypto strategies today "that can be promising" (before Ethereum launches their Proof of Stake coin in March):

https://www.youtube.com/watch?v=aVsA2WGGAfo
"the one"

https://blog.ethereum.org/2014/12/17/ethereum-d%CE%BEv/

"we’ll be upgrading to PoS in the Not-Too-Distant future."

How trustworthy are the devs behind your favorite coin?  Vitalik is a crypto-god:

http://www.coindesk.com/ethereums-vitalik-buterin-wins-world-technology-network-award/



Until the volume comes back:

Ya, easy to go to coinmarketcap and see what bitcoin 2.0 options hold their value as bitcoin crashes (on low volume meaning that it will bounce back on low volume too (like a regular trading day's volume)).

This is a good experimental math test for those looking to diversify from bitcoin 1.0 tech into bitcoin 2.0 tech.  It is what bank fiat specialists call a bank (crypto coin) stress test (to make the math lesson simpler for the wall st brokers who are scratching their heads looking for an entry point based on math to tell their bosses and get promoted to head of the Winklevoss crypto division).  The Winklevii won't be 2015, it will be that bitcoin 2.0 guy.
Post
Topic
Board Altcoin Discussion
Topic OP
yes yes yall
by
bitcoin2.0
on 04/01/2015, 00:46:18 UTC
and it don't stop