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Showing 20 of 44 results by coolbaughandrew
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Topic
Board Wallet software
Re: Which wallets offer the lowest transaction fees to send BTC ?
by
coolbaughandrew
on 16/04/2021, 03:36:13 UTC
I guess it doesn't depend on the wallet. By the way, most wallets offer you settable fees, like Ownr I use.
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Board Bitcoin Discussion
Re: "COIN"- Coinbase IPO- Opens today- Thoughts?
by
coolbaughandrew
on 16/04/2021, 03:28:41 UTC
How is Coinbase IPO related to Bitcoin bullrun?
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Board Economics
Re: Summary of Evidence of Covid as Engineered Financial Reset
by
coolbaughandrew
on 15/01/2021, 09:05:38 UTC
The media has been talking about the great reset since the last year https://www.msn.com/en-us/news/politics/introducing-the-great-reset-world-leaders-radical-plan-to-transform-the-economy/ar-BB15XGsU
I'm fed up with different conspiracies, but really want to know what the economy of the future will look like.
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Board Bitcoin Discussion
Re: Does Bitcoin Change GOLD AS STORE OF VALUE?
by
coolbaughandrew
on 15/01/2021, 08:44:31 UTC
How can it be bullish for Bitcoin? Even is the discovered method isn't expensive, "synthetic gold" will never replace "genuine" one. For example, lab-created diamonds didn't replace natural diamonds. Despite they look nearly identical, lab-created diamonds are almost 50% cheaper. However, the lab-created diamond doesn’t retain any value. It can’t be resold to a jeweler. The situation with lab-created gold is the same.
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Topic
Board Economics
Re: David Rosenber: Bitcoin is in a 'massive bubble'
by
coolbaughandrew
on 21/12/2020, 08:43:24 UTC
This is the best part of the interview
Quote
You speak to most people that are asking me to put money in bitcoin, they can't even tell you who the person was that developed it
I bet Rosenber knows nothing about Satoshi and his decision to stay anonymous.
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Topic
Board Bitcoin Discussion
Re: Transaction price Bitcoin
by
coolbaughandrew
on 21/12/2020, 08:25:21 UTC
Today I was amazed at how low the commission was when transferring 0.07 bitcoins. Only 192 sat !!! The transfer took about 10-20 seconds. It's very, very cool. About $ 650 for $ 0.017 - this is something! Bitcoin is the future!
The things have changed a lot since 2018. Now the average transaction fee is about $12.
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Board Economics
Re: Bitcoin Holding in Companies
by
coolbaughandrew
on 14/11/2020, 11:26:29 UTC
But I'm afraid that it will be the start of centralizing ( slightly ) the bitcoin. From any moment, if every government turns their back with cryptocurrencies these companies will be force to sell it all out leaving the whole market in awe.
Even if these companies will be forced to sell their Bitcoin, there are several times more coins in the circulation.
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Board Bitcoin Discussion
Re: Can people rebel against bitcoin?
by
coolbaughandrew
on 14/11/2020, 11:14:49 UTC
There aren't many stores accepting Bitcoin as a payment method, so Bitcoin has a reputation of money for shadow economy. That's why cases when Bitcoin is used by criminals are always investigated.
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Board Economics
Re: The pandemic did push the world towards a more digital age.
by
coolbaughandrew
on 30/10/2020, 04:37:41 UTC
The world were moving towards "the more digital age" before the pandemic. Even if the covid collapse hadn't happened, the world would have become digital one day. The pandemic hastened this process only.
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Board Bitcoin Discussion
Re: Bitcoin isn't money and that isn't bad!
by
coolbaughandrew
on 30/10/2020, 04:27:37 UTC
Now Bitcoin can't serve as a medium of exchange in some small towns, but there are many places where it's accepted. That proves Bitcoin has a big potential to become "real money".
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Board Altcoin Discussion
Re: Which coin do you trust, BNB or ETH?
by
coolbaughandrew
on 14/10/2020, 08:56:18 UTC
I trust ETH more. It's the second-largest crypto by market capitalization, has been existing for 5 years. Ether has a good background and it isn't owned by an exchange.
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Board Bitcoin Discussion
Re: Is bitcoin just for investors
by
coolbaughandrew
on 14/10/2020, 08:33:13 UTC
Bitcoin may serve as a good investment tool, but it wasn't made for investors only.
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Topic
Board Trading Discussion
Re: I have Good advice for investors
by
coolbaughandrew
on 05/10/2020, 08:20:07 UTC
I thought such advice is evident like a recommendation to keep your private key safe.
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Board Bitcoin Discussion
Re: Why is bitcoin so unstable?
by
coolbaughandrew
on 05/10/2020, 08:09:31 UTC
Don't compare Bitcoin to gold. They have completely different natures. Bitcoin is too young to be so stable.
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Board Economics
Re: The debt based Economy
by
coolbaughandrew
on 29/08/2020, 14:12:58 UTC
An alternative to the debt based economy is the system where has inherent value, such as a gold standard. I don't think that Bitcoin backed money is possible.
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Board Bitcoin Discussion
Re: Can Satoshi Stop bitcoin?
by
coolbaughandrew
on 29/08/2020, 13:57:39 UTC
If Bitcoin was centralized currency, Satoshi would be able to stop it one day. Due to the decentralized nature Bitcoin is unstoppable.
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Board Bitcoin Discussion
Re: Bitcoin maximalists are doing more harm to the crypto space than good ?
by
coolbaughandrew
on 21/08/2020, 05:22:25 UTC
Totally agree. Bitcoin maximalists aren't different from gold maximalists. Both of them dwell on the past.
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Topic
Board Economics
Re: Cash Is Trash
by
coolbaughandrew
on 03/08/2020, 07:11:15 UTC
You can say "cash is trash" and "Bitcoin is the king" 100 times, but when you go for shopping, you have to pay with fiat, you get salaries in bucks. So maybe cash is trash, but it's irreplaceable "trash" now.
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Topic
Board Bitcoin Discussion
Re: Anyone in the Bitcoin ATM business?
by
coolbaughandrew
on 03/08/2020, 07:02:13 UTC
There is no Bitcoin ATM in my country. I'm interested if buying Bitcoin via ATM is more convenient than using online crypto exchanges.
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Topic
Board Bitcoin Discussion
Re: The Rise of Bitcoin
by
coolbaughandrew
on 01/08/2020, 13:17:39 UTC
I think most people expected to go around $12k
Now bitcoin's price reaches $11,500, those, who expected bitcoin at $12,000, hope that bitcoin will reach all time high.