Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. johnarb likes this.
  2. johnarb

    johnarb

    Excellent!



    Satoshi may seem to be a super genius that may seem to be a time traveler, because Bitcoin has succeeded, but had it failed... bitcoin would have been another one in the long list of failures trying to create digital money

    Which is why Satoshi gave credits to others in the White Paper, including Adam Back, as there had been previous failed attempts, e-cash, e-gold

    where others have failed, bitcoin built upon their shortcomings

    Imagine in 1988, if AMD released the Ryzen 7 PRO 8840HS, 8 core, 16 threads, built-in GPU and NPU, one year after Intel had released the 80386 with a math co-processor option...

    AMD Engineers would be time-travelers since many of the technologies had not been developed yet, and took over 30 years of iteration to get there

     
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  3. johnarb

    johnarb

    Some comments are saying this was dust amount when Ross went to jail... for Ross, yes, but not for most people, 300 bitcoin was worth over $30k when he got arrested Oct 2013

    I do not think it's Ross because he sold his prison card for 11 bitcoin recently, which I would think has great sentimental value to him... but who knows maybe part of the "act"

    It could be an OG whale with thousands or even 10's of thousands of bitcoin doing this, i.e. a SilkRoad "user/vendor" Ross provided good customer assistance support to



    upload_2025-6-2_8-43-56.png

    upload_2025-6-2_8-52-26.png




     
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  4. SunTrader

    SunTrader

    Yup, those are legit. Not that anyone was saying they weren't.

    ROSS WILLIAM ULBRICHT
    Register Number: 18870-111
    Age: 41
    Race: White
    Sex: Male
    Not in BOP Custody as of: 01/21/2025

    CHARLIE SHREM
    Register Number: 92164-054
    Age: 35
    Race: White
    Sex: Male
    Not in BOP Custody as of: 09/16/2016
     
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  5. orbit23

    orbit23

    Bitcoin technology is designed to cure cancer if price goes high enough.

    Jokes aside, the worst technology in existence. Not to even mention that a computer powerful enough - like quantum computer will be able to break Bitcoin and steal everyone's balance.

    How much are your bitcoins worth then?
     
  6. orbit23

    orbit23

    Waiting for DOGE to hit 1$ as a final nail in the coffin to this absurdity - so then it can all collapse afterwards
     
  7. I won't have a bad word said against the Doge!! haha

    Let me guess,youre trying to talk it down to 8 cents or something so you can get back in? smh.
     
    johnarb likes this.
  8. wxytrader

    wxytrader

    In your screenshot, EW is the roof, car and road...the cat is the market. :)
     
  9. johnarb

    johnarb

    mstr
    mtplf
    cep
    kidz
    sbet

    the crypto treasury 5

    Still a long ways and lots of profits before they overtake the market cap of the magnificent 7 (8)


     
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  10. NoahA

    NoahA

    Hey John... I watched a very interesting interview of Hugh Hendry by George Gammon. He is some veteran trader from Wall Street. I'm not sure how long he has been into Bitcoin, but it was interesting how it just dawned on him to think about selling his house and putting it all into Bitcoin. He is fully on board with it hitting at least a $22T market cap to match gold.

    The really interesting part was the discussion about bonds, and how he blew George's mind, and also the role of stablecoins and how this system will compete with the Eurodollar system. It was really quite the interesting episode and I'm left very bullish.


     
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