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lrns_

lrns_ on Hacker News

Re:Bitcoin falls below $5,000 on Tuesday November 20, 2018 @02:34AM (#18492362)
O really? https://coin.dance/volume/localbitcoins/VES seems to tell a different story. Ofcourse no one wants to buy a 'nationalized (read: centralized) crypto'.
Re:What happens when I choose to “Suppress Ads” on Salon? on Tuesday February 13, 2018 @02:14PM (#16369838)
Excuse me. Was more a reaction on "The only thing people are actually using Bitcoin for right now is to sell to other people for more than they bought it (or maybe to sell for less than they bought it to launder money)."
Re:What happens when I choose to “Suppress Ads” on Salon? on Tuesday February 13, 2018 @01:50PM (#16369652)
https://hackernoon.com/extortion-police-raids-and-secrecy-in...

https://coin.dance/volume/localbitcoins/VEF (example of local trading)

Remittances, family abroad (easy via BTC to circumvent restrictions). Bitcoin is stable compared to a hyper inflation of +2,616%.

Re:What happens when I choose to “Suppress Ads” on Salon? on Tuesday February 13, 2018 @02:35AM (#16365382)
Tell that to a Venezuelan, who can provide a family with a single antminer.

It will make sense to you in 5 years.

Re:My professional opinion as a blockchain researcher: I don’t see the... on Monday February 12, 2018 @01:44PM (#16360839)
https://lightning.network/
Re:What Bitcoin Reveals About Financial Markets on Friday February 09, 2018 @04:11AM (#16338904)
"Nobody will ever use bitcoin as a means of exchange if the price of a car today is 30% less than it is tomorrow."

Yeah, that's not how it works. Most holders just spend and replenish with fiat.

"The most important thing with a means of transaction is the stability of its value. Bitcoin will never be stable so long as it is used as a vehicle for investment (aka a commodity)."

Volatility is expected to decrease over time. https://bitvol.info/index.html

Re:Bitcoin has a huge scaling problem–Lightning could be the solution on Monday February 05, 2018 @03:32AM (#16307445)
Did you forget http://www.uasf.co/ ?
Re:Nassim Nicholas Taleb, Author of Black Swan, on Bitcoin on Thursday January 25, 2018 @08:48AM (#16230701)
Well, with bitcoin you can transport 1 trillion with 24 words in your head lol. Good luck transporting that amount in gold.
Re:Nassim Nicholas Taleb, Author of Black Swan, on Bitcoin on Thursday January 25, 2018 @08:43AM (#16230675)
Bitcoin Cash is a non-evolving non-innovating whitepaper cult claiming to be btc because they believe btc should be exactly what was defined on a piece of paper 9 years ago, totally disregarding new/improved tech.
Re:Nassim Nicholas Taleb, Author of Black Swan, on Bitcoin on Thursday January 25, 2018 @08:38AM (#16230645)
Read up on UASF http://www.uasf.co/
Re:Cryptocurrencies Are Selling Off on Tuesday January 09, 2018 @06:20AM (#16105254)
It's not because of PoS. Ethereum is just recovering from a bear market in BTC/ETH pair. Look at the orange line https://coinmarketcap.com/currencies/ethereum/.