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THE BITCOIN IS STRONG

 
W0RD'SW0RD
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03/10/2017 06:19 PM
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THE BITCOIN IS STRONG
Denied Winkelvoss ETF today.

Does bitcoin seem to care much?

Nah...

Last Edited by Rest on 03/11/2017 09:34 AM
For my yoke is easy and my burden is light
W0RD'SW0RD  (OP)

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03/10/2017 06:31 PM
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Re: THE BITCOIN IS STRONG
There will be more, it will happen, people know this. Either the terms weren't fair for those in the bitcoin industry, they weren't fair for those involved in ETF trading, or they weren't fair to the public... whichever, it is a good thing it did not pass today. There is still more work and growth to be done before that juncture. It is a requirement first, before it passes, that people understand its value is not defined by the value of an ETF trade. Its value is in and of itself, shared with those who share with it.

The decision had an impact today, clearly, but many thought the decision would drop it significantly more. Same thing happened early January... it dropped, but 'twas but a blip. THE BITCOIN IS STRONG.

Last Edited by Rest on 03/10/2017 06:39 PM
For my yoke is easy and my burden is light
Anonymous Coward
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03/10/2017 06:38 PM
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Re: THE BITCOIN IS STRONG
They are a little intimidated. Bitcoin is for the people, which is a foreign concept.

lol

hf
W0RD'SW0RD  (OP)

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03/10/2017 06:44 PM
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Re: THE BITCOIN IS STRONG
They are a little intimidated. Bitcoin is for the people, which is a foreign concept.

lol

hf
 Quoting: Anonymous Coward 24417588


Who do you mean by 'they'? People in general? Government?
Wall Street?
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Anonymous Coward
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03/10/2017 06:50 PM
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Re: THE BITCOIN IS STRONG
Everyone not using Bitcoin...

hf
Anonymous Coward
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03/10/2017 06:52 PM
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Re: THE BITCOIN IS STRONG
Um,.... no.

[link to cointelegraph.com (secure)]

I am all for BTC but you could not be any more inaccurate if you tried.
Anonymous Coward
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03/10/2017 07:20 PM
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Re: THE BITCOIN IS STRONG


red_heart
W0RD'SW0RD  (OP)

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03/10/2017 07:27 PM
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Re: THE BITCOIN IS STRONG
Um,.... no.

[link to cointelegraph.com (secure)]

I am all for BTC but you could not be any more inaccurate if you tried.
 Quoting: Anonymous Coward 73386459


Lol. You need to look at a chart mister/missie
For my yoke is easy and my burden is light
Anonymous Coward
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03/10/2017 07:28 PM
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Re: THE BITCOIN IS STRONG
Denied Winkelvoss ETF today.

Does bitcoin seem to care much?

Nah...

Can't say the same for so many of the analysts.
 Quoting: W0RD'SW0RD


It has a date with ❤ 700 min
Anonymous Coward
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03/10/2017 07:30 PM
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Re: THE BITCOIN IS STRONG
If you wanted a one world government, you would need a common currency. What would you do?
Anonymous Coward
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03/10/2017 07:31 PM
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Re: THE BITCOIN IS STRONG
Where is best place to learn about & get started with Bitcoin? No joke. I'm being cereal....

hf
Anonymous Coward
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03/10/2017 07:32 PM
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Re: THE BITCOIN IS STRONG
What happens if my hard drive crashes, or internet goes down for a month.
Anonymous Coward
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03/10/2017 07:40 PM
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Re: THE BITCOIN IS STRONG
What happens if my hard drive crashes, or internet goes down for a month.
 Quoting: Anonymous Coward 74409681


back up your wallet.dat and get a new machine.. carry on...
Anonymous Coward
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03/10/2017 07:48 PM
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Re: THE BITCOIN IS STRONG
What happens if my hard drive crashes, or internet goes down for a month.
 Quoting: Anonymous Coward 74409681


back up your wallet.dat and get a new machine.. carry on...
 Quoting: Anonymous Coward 74276302


I cant afford a new machine.
Anonymous Coward
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03/10/2017 07:50 PM
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Re: THE BITCOIN IS STRONG
What happens if my hard drive crashes, or internet goes down for a month.
 Quoting: Anonymous Coward 74409681


back up your wallet.dat and get a new machine.. carry on...
 Quoting: Anonymous Coward 74276302


I cant afford a new machine.
 Quoting: Anonymous Coward 74409681


any machine you trust.. :)
Anonymous Coward
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03/10/2017 07:51 PM
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Re: THE BITCOIN IS STRONG
Denied Winkelvoss ETF today.

Does bitcoin seem to care much?

Nah...

Can't say the same for so many of the analysts.
 Quoting: W0RD'SW0RD


If it isn't strong, it won't stand on it's own two feet. That's why BTC is chugging along, it's been built in a pit of financial savages.
Anonymous Coward
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03/10/2017 07:57 PM
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Re: THE BITCOIN IS STRONG
Denied Winkelvoss ETF today.

Does bitcoin seem to care much?

Nah...

Can't say the same for so many of the analysts.
 Quoting: W0RD'SW0RD


If it isn't strong, it won't stand on it's own two feet. That's why BTC is chugging along, it's been built in a pit of financial savages.
 Quoting: Anonymous Coward 27814554


It has serious problems

Hence why big banks moved to ethereum

Btc is a trap up here to harness and bk liberty minded folks
Anonymous Coward
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03/10/2017 07:59 PM
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Re: THE BITCOIN IS STRONG
What happens if my hard drive crashes, or internet goes down for a month.
 Quoting: Anonymous Coward 74409681


back up your wallet.dat and get a new machine.. carry on...
 Quoting: Anonymous Coward 74276302


I cant afford a new machine.
 Quoting: Anonymous Coward 74409681


Then have an online wallet and a local wallet then sync them.

- Local wallet on physical machine

[link to bitcoin.org (secure)]

- Online wallet to provide back up for your wallet. Fill out all the security steps please.

[link to blockchain.info (secure)]

Like itunes syncs your library. Or just have the blockchain address from the online wallet. Works either way.
Anonymous Coward
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03/10/2017 07:59 PM
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Re: THE BITCOIN IS STRONG
Denied Winkelvoss ETF today.

Does bitcoin seem to care much?

Nah...

Can't say the same for so many of the analysts.
 Quoting: W0RD'SW0RD


If it isn't strong, it won't stand on it's own two feet. That's why BTC is chugging along, it's been built in a pit of financial savages.
 Quoting: Anonymous Coward 27814554


It has serious problems

Hence why big banks moved to ethereum

Btc is a trap up here to harness and bk liberty minded folks
 Quoting: Anonymous Coward 74375830


No they haven't, it's barely functional as a cryptocurrency
Anonymous Coward
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03/10/2017 08:07 PM
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Re: THE BITCOIN IS STRONG
What happens if my hard drive crashes, or internet goes down for a month.
 Quoting: Anonymous Coward 74409681


back up your wallet.dat and get a new machine.. carry on...
 Quoting: Anonymous Coward 74276302


I cant afford a new machine.
 Quoting: Anonymous Coward 74409681


Then have an online wallet and a local wallet then sync them.

- Local wallet on physical machine

[link to bitcoin.org (secure)]

- Online wallet to provide back up for your wallet. Fill out all the security steps please.

[link to blockchain.info (secure)]

Like itunes syncs your library. Or just have the blockchain address from the online wallet. Works either way.
 Quoting: Anonymous Coward 27814554


What happens of there is an emp strike.
W0RD'SW0RD  (OP)

User ID: 72367877
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03/10/2017 08:19 PM
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Re: THE BITCOIN IS STRONG
What happens if my hard drive crashes, or internet goes down for a month.
 Quoting: Anonymous Coward 74409681


Then hopefully you saved it on a card or disc or usb elsewhere, preferably saved in a fireproof safe, encrypted.

Then you'd just need to find someone who has the blockchain themselves, or re-download it yourself and sync up. Very easy.

Or, as another poster said earlier, have it backed-up online as well. I personally don't keep large amounts of btc online through 3rd parties very long, but that's more of a personal preference these days.... many safe 3rd-party wallets out there

Last Edited by Rest on 03/10/2017 08:23 PM
For my yoke is easy and my burden is light
W0RD'SW0RD  (OP)

User ID: 72367877
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03/10/2017 08:21 PM
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Re: THE BITCOIN IS STRONG
...


back up your wallet.dat and get a new machine.. carry on...
 Quoting: Anonymous Coward 74276302


I cant afford a new machine.
 Quoting: Anonymous Coward 74409681


Then have an online wallet and a local wallet then sync them.

- Local wallet on physical machine

[link to bitcoin.org (secure)]

- Online wallet to provide back up for your wallet. Fill out all the security steps please.

[link to blockchain.info (secure)]

Like itunes syncs your library. Or just have the blockchain address from the online wallet. Works either way.
 Quoting: Anonymous Coward 27814554


What happens of there is an emp strike.
 Quoting: Anonymous Coward 74409681


If there is an EMP all hell breaks loose regardless of whether or not you can trade bitcoin.
For my yoke is easy and my burden is light
Anonymous Coward
User ID: 74409681
New Zealand
03/10/2017 08:22 PM
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Re: THE BITCOIN IS STRONG
What happens if my hard drive crashes, or internet goes down for a month.
 Quoting: Anonymous Coward 74409681


Then hopefully you saved it on a card or disc or usb elsewhere, preferably saved in a fireproof safe, encrypted.

Then you'd just need to find someone who has the blockchain themselves, or re-download it yourself and sync up. Very easy.
 Quoting: W0RD'SW0RD


This doesn't sound like a very good idea to me. Too many variables. And not safe. Relies 100% on the internet.
Anonymous Coward
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03/10/2017 08:24 PM
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Re: THE BITCOIN IS STRONG
...


I cant afford a new machine.
 Quoting: Anonymous Coward 74409681


Then have an online wallet and a local wallet then sync them.

- Local wallet on physical machine

[link to bitcoin.org (secure)]

- Online wallet to provide back up for your wallet. Fill out all the security steps please.

[link to blockchain.info (secure)]

Like itunes syncs your library. Or just have the blockchain address from the online wallet. Works either way.
 Quoting: Anonymous Coward 27814554


What happens of there is an emp strike.
 Quoting: Anonymous Coward 74409681


If there is an EMP all hell breaks loose regardless of whether or not you can trade bitcoin.
 Quoting: W0RD'SW0RD


So then it's better to have tradable commodities like bullets, medicines and food. Not something you cant see.
W0RD'SW0RD  (OP)

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03/10/2017 08:29 PM
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Re: THE BITCOIN IS STRONG
Where is best place to learn about & get started with Bitcoin? No joke. I'm being cereal....

hf
 Quoting: Anonymous Coward 68497262


You can read about it really anywhere, look at sources you tend to trust for the scoop. It's very straightforward, intuitive, once you get going. I suggest looking at coinbase.com as a platform to begin with, they've created a very user-friendly platform. That's where I started, though there are many options.
For my yoke is easy and my burden is light
Anonymous Coward
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03/10/2017 08:30 PM
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Re: THE BITCOIN IS STRONG
...


back up your wallet.dat and get a new machine.. carry on...
 Quoting: Anonymous Coward 74276302


I cant afford a new machine.
 Quoting: Anonymous Coward 74409681


Then have an online wallet and a local wallet then sync them.

- Local wallet on physical machine

[link to bitcoin.org (secure)]

- Online wallet to provide back up for your wallet. Fill out all the security steps please.

[link to blockchain.info (secure)]

Like itunes syncs your library. Or just have the blockchain address from the online wallet. Works either way.
 Quoting: Anonymous Coward 27814554


What happens of there is an emp strike.
 Quoting: Anonymous Coward 74409681


Nothing. Modern Data banks and electrical is run on fiber optics.

This isn't 1987 lol.
W0RD'SW0RD  (OP)

User ID: 69621878
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03/10/2017 08:31 PM
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Re: THE BITCOIN IS STRONG
...


Then have an online wallet and a local wallet then sync them.

- Local wallet on physical machine

[link to bitcoin.org (secure)]

- Online wallet to provide back up for your wallet. Fill out all the security steps please.

[link to blockchain.info (secure)]

Like itunes syncs your library. Or just have the blockchain address from the online wallet. Works either way.
 Quoting: Anonymous Coward 27814554


What happens of there is an emp strike.
 Quoting: Anonymous Coward 74409681


If there is an EMP all hell breaks loose regardless of whether or not you can trade bitcoin.
 Quoting: W0RD'SW0RD


So then it's better to have tradable commodities like bullets, medicines and food. Not something you cant see.
 Quoting: Anonymous Coward 74409681


Not better today. There is no EMP today. Tomorrow, who knows. I say best is having supplies for both rainy and sunny days.

But I'll extend that to say this: In the case of an extraordinary disaster that wiped out many things, internet included, internet would be one of the first functions to be restored. It would need to be.

Last Edited by Rest on 03/10/2017 08:38 PM
For my yoke is easy and my burden is light
Anonymous Coward
User ID: 74409681
New Zealand
03/10/2017 08:34 PM
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Re: THE BITCOIN IS STRONG
...


I cant afford a new machine.
 Quoting: Anonymous Coward 74409681


Then have an online wallet and a local wallet then sync them.

- Local wallet on physical machine

[link to bitcoin.org (secure)]

- Online wallet to provide back up for your wallet. Fill out all the security steps please.

[link to blockchain.info (secure)]

Like itunes syncs your library. Or just have the blockchain address from the online wallet. Works either way.
 Quoting: Anonymous Coward 27814554


What happens of there is an emp strike.
 Quoting: Anonymous Coward 74409681


Nothing. Modern Data banks and electrical is run on fiber optics.

This isn't 1987 lol.
 Quoting: Anonymous Coward 74036517


Not entirely true, an electricity outage for any reason will bring the internet down.
EMP strike would do exactly that.
Anonymous Coward
User ID: 74409681
New Zealand
03/10/2017 08:38 PM
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Re: THE BITCOIN IS STRONG
...


What happens of there is an emp strike.
 Quoting: Anonymous Coward 74409681


If there is an EMP all hell breaks loose regardless of whether or not you can trade bitcoin.
 Quoting: W0RD'SW0RD


So then it's better to have tradable commodities like bullets, medicines and food. Not something you cant see.
 Quoting: Anonymous Coward 74409681


Not better today. There is no EMP today. Tomorrow, who knows. I say best is having supplies for both rainy and sunny days.
 Quoting: W0RD'SW0RD


Good luck on your quest for me it's a no goer.
I think it's doomed to failure.
W0RD'SW0RD  (OP)

User ID: 69602833
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03/10/2017 08:43 PM
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Re: THE BITCOIN IS STRONG
...


If there is an EMP all hell breaks loose regardless of whether or not you can trade bitcoin.
 Quoting: W0RD'SW0RD


So then it's better to have tradable commodities like bullets, medicines and food. Not something you cant see.
 Quoting: Anonymous Coward 74409681


Not better today. There is no EMP today. Tomorrow, who knows. I say best is having supplies for both rainy and sunny days.
 Quoting: W0RD'SW0RD


Good luck on your quest for me it's a no goer.
I think it's doomed to failure.
 Quoting: Anonymous Coward 74409681


Fair enough, no skin off my back good sir. It is going to replace all forms of monetary exchange... better to be in early than not. People are afraid of the possibility of the mark of the beast coming out of cryptocurrencies. I assure you, it will, but it will be a fork off of what bitcoin (or ethereum, or some other) currently is. You do not support the beast by putting $ into btc, right now you fight it as its volume lies in the USD Stay true, and there is no reason to fear you'll wind up chipped.

Last Edited by Rest on 03/10/2017 08:51 PM
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W0RD'SW0RD  (OP)

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United States
03/10/2017 08:46 PM
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Re: THE BITCOIN IS STRONG
What happens if my hard drive crashes, or internet goes down for a month.
 Quoting: Anonymous Coward 74409681


back up your wallet.dat and get a new machine.. carry on...
 Quoting: Anonymous Coward 74276302


I cant afford a new machine.
 Quoting: Anonymous Coward 74409681


Then just a new hard drive will do ;)
For my yoke is easy and my burden is light





GLP