NEWCOMERS. Don’t be worried if we see a $6000-$7000 correction soon. The media is going to say bitcoin is dead. Just HODL and ride out the storm. Nothing can sustain this level of growth. I started collecting at $400, I’ve seen this happen a bunch of times.

Phase 1: HODL AND IGNORE FUD

Phase 2:

Phase 3: Profit

submitted by /u/Zombie4141
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Bitcoin – The Currency of the Internet

Here's Why Bitcoin Costs 15 Times More to Store with a Custodian Than Gold

Bitcoin is much more expensive than gold to store with a third-party custodial service, but there's a good reason for that discrepancy. On Monday, the Motley Fool published an article analyzing how the cost of storing physical gold bars compares to storing bitcoin — the new “digital gold” with a third-party …
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The number of times I’ve been told I’m “backing out of an agreement” is staggering. I’m fine with debating any 2X supporters, but drop that BS argument because NONE of us agreed to anything

It's amazing how heavily some 2X supporters lean on that nonsensical argument. My tendency is to think it's an extension of the endless "social contracts" the government forces onto everyone. We get so entrenched into thinking that if the "authority" decides something, everyone else has to follow.

In the Bitcoin network, at first glance, miners and large businesses appear to fill the role of "authority," and they have been absolutely furious that we didn't just roll over and install the client they said we were going to install.

It makes them all look like fools. As they should for thinking they can hold us to their agreements.

Again, I really don't want to throw salt here, and I would love to argue any legitimate points regarding a HF. But the accusation that we somehow have collectively "failed to keep our word" because someone "promised on our behalf" is some statist crap if I've ever heard it.

No core developers signed the agreement, therefore none are breaking promises.

None of this community signed the agreement. Therefore none of us are breaking any promise.

TL;DR The very reason I'm so unwaveringly against 2X is because of how aghast so many 2X supporters are that I have the audacity to disagree with what "The Almighty Miners" chose for me. I think it's far more important for those people to understand that they can't hold me to anything, and I'm here specifically for that feature.

My node runs 0.15

submitted by /u/Cryptoconomy
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Bitcoin