Bitcoin

Qubit

And that would be mesh networks. 

[Deleted User]

HansOndabush said:

How are you going to access 'Lightning Network' when you're about to be put on a train or shot?

I think you becoming desperate

RichTips

HansOndabush said:

How are you going to access 'Lightning Network' when you're about to be put on a train or shot?

Try that with your gold and you'll likely become an immediate reverse alchemist. At least with Bitcoin you'd be able to stall them long enough to get you to a computer 

HansOndabush

[Deleted User] said:

HansOndabush said:

How are you going to access 'Lightning Network' when you're about to be put on a train or shot?

I think you becoming desperate

I've nothing to be desperate about; you're the one fawning over the Emporer's New Clothes AKA bitcoin

[Deleted User]

HansOndabush said:

[Deleted User] said:

HansOndabush said:

How are you going to access 'Lightning Network' when you're about to be put on a train or shot?

I think you becoming desperate

I've nothing to be desperate about; you're the one fawning over the Emporer's New Clothes AKA bitcoin

BTC price: £41064
Marketcap: £0.77T
1d:  £40238 (2%)
7d:  £35584 (15%)
1mo: £23211 (76%)
3mo: £13981 (193%)

6mo: £8920 (360%)

You must be feeling like you missed the boat and now are moaning, no? That's how I understand your negative attitude even to things you don't understand, like Lightning. Lightning is, and will be, useful to many, as means of transferring Bitcoin cheaply once again, and also as smart contract platform, for micro payments (real micro payments, like streaming video or any other service by every second and settling payments instantly), and many more. But no point laughing at it saying will it work "when you're about to be put on a train or shot", because it doesn't make any sense.

chucknorris

HansOndabush said:

[Deleted User] said:

HansOndabush said:

How are you going to access 'Lightning Network' when you're about to be put on a train or shot?

I think you becoming desperate

I've nothing to be desperate about; you're the one fawning over the Emporer's New Clothes AKA bitcoin

Me too (about not being desperate), I don't care if I could have done this or that, I am happy with what I did do. I can't ever imagine the day that I would speculate (I am not going to use the word 'invest') in Bitcoin, and of course I don't mind if some other have made a killing, good luck to them. I don't really care what wealth others have, it is nothing to do with me, I'm only concerned about my financial position, not that of others.

George_Michael

patient_investor said:

With Lightning, Bitcoin is a viable payment method with instant settlement once again, no 10 minutes wait time or anything. And payment fees are about 0.00000001 BTC per transaction. Much lower than Visa, eh? 

No, for the majority of people in the UK, it's not much lower than Visa simply because for consumer purchases, it's illegal for there to be any added fee when making a payment on Visa or any other non business credit or debit card.

[Deleted User]

George_Michael said:

patient_investor said:

With Lightning, Bitcoin is a viable payment method with instant settlement once again, no 10 minutes wait time or anything. And payment fees are about 0.00000001 BTC per transaction. Much lower than Visa, eh? 

No, for the majority of people in the UK, it's not much lower than Visa simply because for consumer purchases, it's illegal for there to be any added fee when making a payment on Visa or any other non business credit or debit card.

Pardon me, Bitcoin network fee is added for every transaction on main blockchain (up to multiple pounds) and multiple satoshis (satoshi is 0.00000001 BTC) in Lightning and Bitcoin doesn't care. Bitcoin transactions aren't illegal, Bitcoin is not illegal, some local governments like Miami are accepting Bitcoin already as means of payment of taxes. I sent Bitcoin as payment for merchandise and reported it as my business expense, I received Bitcoin as payment (on sole trader invoice) and reported it to my accountant and to HMRC. It works. Sorry to break your illusion.

HansOndabush

You are wrong again. HSBC don't accept it, in fact they have banned it. The FCA has warned against it. The large US banks have now stopped their cards being used for crypto purchases.

[Deleted User]

HansOndabush said:

You are wrong again. HSBC don't accept it, in fact they have banned it. The FCA has warned against it. The large US banks have now stopped their cards being used for crypto purchases.

Where was I wrong before?

Don't use HSBC, not affected. FCA recently banned crypto derivatives, not affected. They also warned about crypto loss risks, when they did I already was in profit with realized gains, not affected (I still hold Bitcoin position anyway). I don't use credit/debit cards for crypto purchases, nor live in the US, not affected. Anything else I missed?