BITCOIN

Scottex99

I could just delete my account and save my money. HFSP to me.






Lol. I'll get it sorted later and post the screenshot

jelajelavic

Scottex99 said:

Ukraine it is then, I had a quick Google, this looks decent:

https://donate.redcross.org.uk/appeal/ukraine-crisis-appeal

Yes this is one of the main charities for Ukraine. I donated a little money to this myself last year. (Although my recommendation was food banks for you, I wouldn’t begrudge the Ukraine appeal)

Fair play Scott, giving to a good cause and nice to see someone stick to their word and follow through. Maybe this is one thing everyone in this thread can agree on!

Scottex99

Haha yep hopefully someone can benefit after all the squabbling!

DjangoUnchained

well done that man.

Scottex99

Good Karma pump.

I assume equities are all up too?

Green candles on Saturday morning are never bad

DannyCarey

Scottex99 said:

Good Karma pump.

I assume equities are all up too?

Green candles on Saturday morning are never bad

Still a long way to go, feels like a bull trap. Interesting mini pump though after crabbing for so long..

I would guess its a combination of:

• People finally withdrawing Bitcoin into cold storage, squeezing supply
• Exchanges having to be kept honest, rather than selling Bitcoin IOU
• Blackrock and Fidelity are now offering Bitcoin trading
• China opening back up
• Growing user base every day eating into supply etc. Total wallet addresses holding at least 0.1 bitcoin at all time highs and grows every day.

After all that, $15k next week maybe

mooneysaver

So now that Satoshi has released ordinals, what's everyone going to store on their bitcoins?

Section62

[UK] Government promises robust crypto regulation...

https://www.bbc.co.uk/news/technology-64468617

'Conservative MP Harriet Baldwin, who chairs the Treasury Committee, told BBC News it had heard evidence of "truly Wild West behaviour" but also recognised there was "valuable technological innovation happening that could benefit the UK economy".'

Malthusian

For those who haven't been keeping up, "ordinals" are a way to inscribe pictures on Bitcoin's blockchain, which was thought to be impossible / prohibitively expensive until a recent update.
Basically, imagine if you could draw some illegal hentai on a bank note, which caused the same image to appear on every other banknote in existence, and also somehow on every £5 stored in electronic form. Thus making it illegal to possess UK currency.
Being part of the blockchain network which keeps track of who owns which Bitcoins necessarily involves storing the entire blockchain; that is how the peer-to-peer network works. Which is a big problem if storing and processing the blockchain means possessing and distributing material that is illegal to possess nearly everywhere in the world.
The future of money!

DannyCarey

Malthusian said:

For those who haven't been keeping up, "ordinals" are a way to inscribe pictures on Bitcoin's blockchain, which was thought to be impossible / prohibitively expensive until a recent update.
Basically, imagine if you could draw some illegal hentai on a bank note, which caused the same image to appear on every other banknote in existence, and also somehow on every £5 stored in electronic form. Thus making it illegal to possess UK currency.
Being part of the blockchain network which keeps track of who owns which Bitcoins necessarily involves storing the entire blockchain; that is how the peer-to-peer network works. Which is a big problem if storing and processing the blockchain means possessing and distributing material that is illegal to possess nearly everywhere in the world.
The future of money!

Its kinda nothing new, people have been adding messages, notes, wiki leaks stuff, links to images into base layer transactions in Op Returns for literally years. A few NFTs won't change that. People who do this will just pay more for the transactions as they will be taking up more space in a block....

Nodes also don't have to store the entire blockchain, they can prune the chain down to the last GB if they want... Its really a mute point, especially since all the rapid transactions happen on the layer 2 system, i.e. Lightning, where this isn't an issue and you would have to go out of your way to find any imagery on the base chain.

For someone who supposedly dislikes bitcoin as an investment, you sure do like to spend time keeping up to date with all the news and FUD. Why is this?