It's a battle between Centralization vs. Federation vs. Broadcasting protocols
Does anyone know if this is true??
If so, and over 2.5 MILLION crapto coins have actually been created,
and currently about 12,000 are trading on Coin Gecko (which is ofc obscene),
that means there is a 0.005% chance of guessing which new coin will ‘make it’ (using that term *very* loosely).
Am I missing anything here?
(Still in process of editing the 2nd edition of my book,
so expect more weird questions :)
https://www.coingecko.com/research/publications/how-many-cryptocurrencies-are-there
So true. There's no reason to think why they won't all go to zero.
Oh really? Where can I get some of those false prophets?
#riot is saving us from #riot. Gee thanks. /s.
#bitcoin #bitcoinmining #texas 
If bandwidth is the issue #mastodon is probably the best choice. No ads and just have to talk with one server.
Clients like Tusky can request just the 10 most recent messages.
#nostr sends and receives redundant messages to and from 10 servers.
Crypto scam victims are being pegged as easy marks by fraudsters targeting individuals who have already been scammed, @Mashable reports:
https://mashable.com/article/fake-law-firm-crypto-scam-victim-fbi-warning
#Crypto #Scam #FBI #Cryptocurrency
Who needs real solutions when we have #bitcoin?
The criticism isn't that #bitcoin is going to go to zero, but it's a negative sum game. There are more losers than winners.
Unfortunately, it would be bad for #bitcoin since it implies that transaction privacy is a good thing.
Bitcoin doesn't have any transaction privacy so it's like transaction details are being hacked every minute of every day.
Congrats on selling. You can't make money until you sell, after all.
I mean it's possible. People could start selling if they need money.
I was just fitting the data to a polynomial line.
I think the bitcoin rainbow charts work the same way. It shows bitcoin is starting to level off.
I can show you the source code if you want to check.
I made this chart a few months ago and it looks #bitcoin is closely following my predictions, so far.
It's not a bank if it's value isn't being stored. If bitcoin's trust is lost, it's worthless.
There are a lot of apps. Tusky, moshidon, Pachli, the official one.
That's minor advances to not even bring it close to fiat.
Also "store of value"? Bitcoin isn't a bank. Keep studying.
I'd sell more to help, but I don't have any bitcoin.
! RemindMe 2000 years
Fiat keeps having new advancements to make sending money faster, cheaper, and more secure. Like PayPal, fedNow, and real time payments.
Bitcoin has been the same for 15 years. It lost the currency battle a long time back.