Bitcoin Has “Run Out Of Juice”, Crypto Collections And Bitcoin Block Size Increase

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47 Comments

  1. I'm a developer. It is very complicated. You have to create some kind of wallet management for the new crypto. Creating some kind of system to buy more tokens directly from the blockchain. Then you have to buy an amount that you think will be traded on a regular basis. Then you have to ensure that it will be tracked correctly through out the system. I.e. every transaction made with this new token is tracking properly. While building in a new token may take a couple of weeks to maybe a month or so. I would say the biggest burden is buying enough of the token to be able to trade it on the platform. Then you have to make sure that your trading pair has enough of a balance to cover that amount. Most of these coins don't really have a functioning blockchain. So do you fluff it and create a non backed token and let people trade the coin anyway or do you have to work with the blockchain developers to get their blockchain to a point that is functional enough to work with your trading platform.

  2. Are any of these crypto collections physically backed with the underlying crypto or are they just like the futures contracts which are merely 'written on a piece of paper'?

  3. I think most exchanges have at least 3 or 4 “trading pairs” to trade for the other coins. Usually at least Bitcoin, Etherium and Lightcoin and often Bitcoin Cash to to trade for any of the others they offer. Certainly some have other “trading pairs” also

  4. it goes up, they complain about transaction fees, it goes down, they call it a bubble/scam/"tulip craze", it goes sideways, they call it boring. bitcoin cant win in the eyes of the msm

  5. So, has Bitcoin ever "run out of juice" before? Oh right, it has, back in mid 2015, right before the beginning of the last bull market.

  6. Sec and the rest of regulators are too busy leting Wells Fargo turn mortgages into some type of thin air bullshit that's going to crash again great job guys I'm sure you'll screw up crypto just as much I hope your pockets get very well greased as mr. McAfee says decentralized decentralized decentralized

  7. The SEC who think they are the rulers of crypto, don’t they know crypto is world wide not just with them to play with? Bitcoin has no ruler, The ETF is delayed for one main reason, banks and governments want to bring in their own rules, until those rules are ready, the SEC will play the delay game, again I stress, Bitcoin has no ruler, crypto can only be ruled over through exchanges, they cannot stop the tech, it’s just self interest by people who got their money by scamming people. Don’t listen to anything the SEC say because they are not the rulers they think they are.

  8. Fidelity still offers the ETN and despite the two SEC statements from Sept, CXBTF is going strong. I think it will definitely help Bitcoin’s price and stability as it makes it affordable at $30 and it is commodity based.

  9. I don’t see list of your news articles in description. Did you use to do this and I missed when you stopped it? Shouldn’t we be able to verify the links ourselves without having to try and retype by hand?

  10. Skycoin will decouple from BTC once they launch mainnet for skywire. The use case will be undeniable, and the value of the coin will be backed by bandwith (an increasingly valuable asset). It will be a thing of beauty. Watch and see

  11. Uranus rules electricity and technology and Taurus is a sign of material wealth where in a Uranus retrograde in the sign of Taurus until Jan feb makes complete sense why crypto has slowed down first q 2019 when it goes direct should be groundbreaking

  12. Nice commentary, TMI. My 0.02 Satoshi's worth: Anyone calling BTC or the cryptosphere in general 'boring', doesn't get it, at least not the big picture and the long strategy. Or they made big losses recently and are scrambling to beat it any way they can before 2019, which is a fool's errand. Same goes for folks who are disproportionately concerned with crypto ETFs getting SEC approval ASAP. They're just airing their lack of vision and stamina, and that's OK too. 🙂

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