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RE: BTC miners are finally throwing in the towel!

in #bitcoin5 years ago (edited)

Where to start...

I just told you that namecoin was created in early 2011, close to 8 years ago at this point.

The market tells me that because if there were a better option, the market would use it!

You do know that bitcoin is inflationary as well right, as are most cryptocurrencies?

Endowments = https://cointelegraph.com/news/report-harvard-stanford-mit-endowments-all-invest-in-crypto-funds

Endowments were not allowed to buy it at first, just like pension funds weren't. They all will be soon, a bitcoin ETF is the final hurdle.

I am buying it hand over fist. I have been buying all the way down actually.

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I just told you that namecoin was created in early 2011, close to 8 years ago at this point.

And I just missed it.

The market tells me that because if there were a better option, the market would use it!

So if the market tells you that Bitcoin is better than Byteball, then it is true?

You do know that bitcoin is inflationary as well right, as are most cryptocurrencies?

Only in the sense that its available quantity still increases, but so far, it is still assumed that it has a finite eventual quantity, so it is not really inflationary.

Endowments = https://cointelegraph.com/news/report-harvard-stanford-mit-endowments-all-invest-in-crypto-funds

Endowments were not allowed to buy it at first, just like pension funds weren't. They all will be soon, a bitcoin ETF is the final hurdle.

Not that it made me know what endowments are, but it made me know better what you wrote about.

I am buying it hand over fist. I have been buying all the way down actually.

Not according to you:
https://steemd.com/bitcoin/@jrcornel/re-clumsysilverdad-re-discernente-re-jrcornel-terrible-day-in-the-crypto-markets-20181119t234613762z

Yes, the market has decided that bitcoin is more valuable than byteball, and I agree with it.

You do know that it doesn't run on a blockchain right? They aren't really even comparable.

In terms of security, they are in different leagues, actually not even different leagues, different universes.

In regards to inflationary, I would say something that is going to increase in supply tomorrow vs. today is considered inflationary, in fact that may be the very definition of it, though we are splitting hairs here.

Whether you understand what an endowment is or not is not my problem, it is not my job to educate you. You have a wealth of information at your finger tips with a few key strokes and a search engine.

Have fun!

Ha, yes I have been buying it all the way down from 12k down to 6k and everything in between. I actually just bought a few more yesterday around 4k. Is that ok with you or does me pausing 12 days ago when it broke 6k on my buys until I saw a bounce, mean I can never buy again?!

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