Building digital security, cryptocurrency trading, and capital raise platform at
@INX_Group
which pioneered first digital security IPO in US | Opinions my own
If I was Satoshi and created Bitcoin, I know one of the things on my list would be to harass pseudonyms on Twitter with lawsuits and spend a large amount of my time on “troll hunts”, because you know, that’s what Satoshi would do 🙄
TRON Foundation announces postponement of Warren Buffett lunch, press conferences after founder Justin Sun falls ill with kidney stones. Parties agreed to reschedule at a later date.
@GLIDEsf
@WarrenBuffett
The Bitcoin community, you would be led to believe, is full of drug dealers, money launderers, and scoundrels. I retort that it is one of the most generous communities I have been a part of, and it will be a key part of worldwide philanthropy for years to come. 👍
Unpopular opinion: I welcome a correction. When iced tea companies pivot to blockchain and go up 300%, we have reached terminal stupidity and it’s time to shake out weak hands, rekt iced tea stock buyers, and consolidate on way to $50k.
Retiring 87-year old senator that probably wouldn’t know a mining rig if it hit him in the face didn’t get an additional $50B of monopoly money for defense and kills amendment. This is how ridiculous our system is. Dinosaurs deciding on the path of innovation.
The top is in when this Tron crap overtakes Bitcoin as the
#1
coin. Then peak ludicrous stupidity has been reached and the carnage begins. Alts have turned into nothing but a penny stock casino. Rektening will be widespread. Just know the risks. This is gambling.
Stop using the following businesses until SegWit is adopted by them:
@blockchain
@coinbase
@BitPay
A few months ago these CEOs told us their users had spoken and that fees were a priority. Their inaction now shows they are dragging the ecosystem through the mud for politics.
#BitcoinTwitter
and
#CryptoTwitter
! Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the bitcoin/crypto ecosystem. Work from anywhere, report directly to me, and we can even pay you in bitcoin! Introducing
@SqCrypto
. Why?
@VinnyLingham
@CryptoBabel
Gonna explain this again, since I guess you need a memory refresh:
1/ CEOs of major wallets were freaking out on high fees, said users were upset, couple threatened a malicious hard fork BEFORE 2x because THINGS WERE THAT URGENT. Claimed Core was holding them back, blah, blah
The only certainties in Bitcoin:
1. Nobody knows where the price is going.
2. Most media coverage will suck.
3. All “experts” should be vetted.
4. The number of bitcoins will never exceed 21MM.
5. Faketoshi is not Satoshi.
6. Nobody knows everything about Bitcoin. Keep learning.
Less than 5 days until the Bitcoin halving and it is literally one of the few things in the World today that you can be confident will deliver without fail.
@davidealgebris
Davide, if you are really an asset manager I implore you to go learn about Bitcoin. Your characterization is absolutely inaccurate and uninformed and under your rationale we should ban US Dollars or Euros. Please go learn:
What Bitcoin has done for me: Taught me to take lofty titles with a grain of salt (professor, Noble Prize winner, etc). Your title doesn’t make you an authority on things you don’t bother to understand.
@rogerkver
So "first Bitcoin investor" and you still don't know how to NOT pay a $9 fee? You are either outright lying or don't know what you are doing
For those of you that haven’t been around the crypto space a while, Satoshi went to great lengths to protect his/her privacy. Satoshi won’t be writing books, acting in movies, making White House cameos, or other nonsense. Use a HIGH degree of skepticism when these articles arise.
Buffett's actions really warrant watching here. He really thinks the fiat shit is hitting the fan. Not only is he buying gold (which he always hated) but he sold off his banks and gave up an 8 PERCENT dividend on Occidental. He is sounding the doomsday alarm for fiat and equities
The Bitcoin community, you would be led to believe, is full of drug dealers, money launderers, and scoundrels. I retort that it is one of the most generous communities I have been a part of, and it will be a key part of worldwide philanthropy for years to come. 👍
Getting real tired of all these CEOs dragging their feet on SegWit while taking to Twitter to send disingenuous tweets about $20 fees. I just sent a 50 sat/byte (86 cent) tx this morning. And that is with a lingering spam issue, non-SW tx. Stop the BS.
Exclusive: Ohio to accept
#bitcoin
for taxes, appears to be a first for a U.S. state. Starting w/business filers, plans to expand to individuals. via
@WSJ
Can maximalists fucking stop telling people to “buy the dip”? You guys have been saying this every step of the way down from $19k. Bitcoin could go to $3k and stay there *FOREVER*, there is nothing guaranteed about Bitcoin rising, but many seem to think its a universal truth!
So
@rogerkver
doubling down on his “Mt Gox is safe” clusterf*
#k
and telling people to keep coins on exchanges, which is pretty much the worst advice in Bitcoin. Well, except for that time he said Bitcoin Unlimited was safe right before it crashed three times.
Next 12 months in
#Bitcoin
:
(1) MSM: bubble! bubble! bubble!
(2) BTC keeps going higher
(3) Gut-wrenching correction
(4) MSM: we told you so!
(5) HODLers back up truck, new entrants pile in at sale prices
(6) BTC rises from the ashes again
(7) New ATHs.
(8) Repeat pattern.
Ok, hold everything. Woke up to this Bitcoin rollback/reorg nonsense. Let's be clear:
1. It's never going to happen.
2. Even suggesting it as a possibility shows a real lack of understanding of how Bitcoin works.
3. If possible, Bitcoin is broken. Pack up and go home.
@VinnyLingham
@CryptoBabel
2/ Meanwhile SegWit was developed & tested for 2 yrs as a backwards-compatible way to enact a block size incr, fix malleability, make hardware wallets function better, more security for P2SH, improved script versioning, reduced UTXO growth, etc. B/c Core devs actually INNOVATE.
Time to ask Coinbase/Blockchain/BitPay for timelines on getting SegWit up and running. This should hopefully be the priority now. If you use them, ask them what's up.
@VinnyLingham
@CryptoBabel
6/ So now you say, “the market isn’t accepting SegWit!”. Answer is the same CEOs that threatened network stability with a malicious fork have leading market share in wallets. They directly affect a large % of SegWit adoption. And they are dragging their feet.
Not only has
#Bitcoin
broken out of its bear flag pattern, projecting a move to $6K, but the head and shoulders pattern that I mention was forming over the weekend has now been confirmed as well. If this pattern completes it projects a much larger decline, perhaps as low as $1K!
Yeah, copying the code of hardworking people is generally easier than people working their asses off to create cutting-edge, safe projects. What an idiot.
New Bitcoin era starts today with launch of futures. Nobody knows exactly what it means, good or bad. Just return to your seats and fasten your seat belts.
@CNBC
1. Belfort doesn't have more than a basic understanding of Bitcoin or cryptocurrencies.
2. He is a self-proclaimed scammer and snake oil salesman.
3. Why are you giving him a platform again?
@VinnyLingham
@CryptoBabel
10/ So just a few months ago at least one of these CEOs was willing to risk the entire ecosystem based on fees. Now SegWit just isn’t good enough? What happened to “our users have spoken?” No longer an issue? Users went on sabbatical? Users happy now?
@ErikVoorhees
Erik - tell Coinbase, Blockchain, and BitPay to push SegWit live and Jihan to stop spamming. Until then, we don’t have legit fee numbers.
JUST IN: JPMorgan CEO Jamie Dimon says he would "close down"
#Bitcoin
& crypto if he were the government.
"The only true use case for it is criminals, drug traffickers, money laundering, tax avoidance."
@VinnyLingham
@CryptoBabel
3/ Being backwards compatible/opt-in also seriously curtailed potential collateral damage that could be caused from a hard fork not being adopted by 100% of the user base. Besides, hard forks in the past never garnered consensus. And Core devs wanted a safer route for users.
@VinnyLingham
@CryptoBabel
8/ Never mind that it helps THEIR USERS who they claimed were up in arms just months ago about fees, that it is extensively tested, that it doesn’t preclude further scaling improvements, that it helps wallets function better or help enable Lightning.
@VinnyLingham
@CryptoBabel
5/ It fixes all of the issues above and shrinks transaction size, and is extensively tested w/o one hiccup on Litecoin or Bitcoin.
@VinnyLingham
@CryptoBabel
4/ 2x came along, SegWit went live. UASF is not relevant at this point, no matter how sore you want to be about it. It was grass roots, it took hold, it succeeded. SegWit is live on the Bitcoin network whether you like it or not.
@VinnyLingham
@CryptoBabel
7/ So SegWit is sitting there on the network, ready to go. Never mind that it gets us close to 2MB block capacity if said CEOs got off their butts, that it helps ALL users with fees the higher SegWit adoption goes.