Was ist eigentlich Bitcoin? - netzpolitik.org

Is The Writing on the Wall for BTC?

First things first.
Not trying to start a flame war here, or spread FUD at all. I'm just trying to summarize / make sure I am aware of the big going-ons in the crypto (specifically ETH / BTC sector.) world.
  1. We had Starbucks coming out saying that they were planning on choosing one or a couple of cryptocurrencies -- but specifically mentioned not supporting bitcoin.
  2. Despite fluxuations in the overall market cap of the crypto market, we have Ethereum weathering it incredibly well, and gradually climing percentage charts for the flippening. (61% as of the writing of this post.)
  3. We have Binance (I believe it was.) adding all their pairings with ETH / XXX, making a first attempt at decoupling BTC from their pairs.
  4. I just got a note from Jason Calacanis noting to his subscribers:
"3. Bitcoin itself could go to zero The Bitcoin HODL crowd (a play on words for “hold,” as in hold your coins, never sell them), think this is insane, but we’ve watched many times as the early projects in a promising vertical go to zero and the 10th goes to the moon.
Many of us used Ask Jeeves, Lycos, and LookSmart before seeing Google show up in 1998. https://en.wikipedia.org/wiki/Timeline_of_web_search_engines
Many of us used SixDegrees, Friendster, LiveJournel, and MySpace before Facebook in 2004.
Bitcoin is facing massive challenges around speed of transactions, the size of the blockchain, transaction costs and governance.
Governance could be the thing that takes it down. If you want to jump down that rabbit hole, you can watch this video: https://www.oii.ox.ac.uk/blog/the-blockchain-paradox-why-distributed-ledger-technologies-may-do-little-to-transform-the-economy/
The majority case in my mind, is that Bitcoin will, as the first technology out of the gate, be supplanted by a much better technology. This could be a fork of Bitcoin or simply a new, much better product.
As time moves on, consumers get savvier, and that means they recognize a better product quicker and move to it faster and faster. We’ve seen this with people jumping from Hotmail to GMAIL, BlackBerries to iPhones, and dialup to broadband internet.
Consumers will not have the loyalty to Bitcoin that they have to their email account and BlackBerries, because they don’t actually use Bitcoin for anything other than speculation. The switching cost will be zero, as opposed to switching your phone, which requires backing up your data, moving your phone number, and setting up your new iPhone and selling your BlackBerry.
We could see a run on Bitcoin that happens in days or hours, not years like the decline of RIM (BlackBerry’s parent company) and AOL."
Note -- he doesn't mention Ethereum at all in his mega-critical article of the crypto sector in general. I don't know if this is bullish, but I know at the very least it isn't bearish.
Is it just me? Or has there been a steady drip of negative news for BTC? I've heard nothing but positive tests for Casper.
Thanks in advance for not flaming me.
Edit: a word. Binance added ethxxx pairs, they didn't replace anything.
submitted by psykoweezel to ethtrader [link] [comments]

Jason Calacanis CNBC SquawkAlley NYC 11/10/17: Uber IPO?, Disney streaming will dominate Jason Calacanis CNBC SquawkAlley 04/11/19: Lyft & Uber IPOs, Disney+ streams, Alexa spills secrets Jason Calacanis - Angel How to Invest in Technology Startups Audiobook What does legendary angel investor, Jason Calacanis, look for in a founder? Jason Calacanis: Bitcoin Is A Bubble, Just Not Sure How Close It Is To Popping  CNBC

In a recent podcast with Anthony “Pomp” Pompliano, the American entrepreneur and angel investor Jason Calacanis said that Bitcoin has been performing quite stable and promising lately. As such, he was even contemplating purchasing portions of the primary cryptocurrency. Calacanis: BTC’s Volatility Is Well In Balance As a former blogger, Calacanis founded Weblogs Inc in… Bitcoin gibt es schon seit 2009. 'Damals' hat Satoshi Nakamoto das peer-2-peer-Bezahlsystem ins Leben gerufen. Und die Idee dazu auch noch viel älter. In den letzten Tagen ist das Interesse an Bitcoin sehr stark gestiegen: Jason Calacanis zum Beispiel bezeichnet Bitcoin gestern als das gefährlichste Inside.com Founder Jason Calacanis discusses the rise in bitcoin as more investors rush into the cryptocurrency. » Subscribe to CNBC: The analyst who shared the chart above isn’t the only current bear on altcoins. Jason Calacanis, a prominent angel investor well known for investing in Uber, Robinhood, and Trello. He said late last month: “Historically, 99% of crypto projects are garbage run by unqualified idiots, delusional but below average founders or grifters… the 1% that are not, could change the world. Bitcoin: Vom Shooting Star zur Sternschnuppe. Bitcoins waren im Frühjahr des Jahres ein brandheißes Thema. Jason Calacanis bezeichnete sie sogar als “das gefährlichste Open Source Projekt ...

[index] [39159] [21556] [42682] [48142] [44611] [25175] [39040] [2384] [38040] [42837]

Jason Calacanis CNBC SquawkAlley NYC 11/10/17: Uber IPO?, Disney streaming will dominate

Banking on Bitcoin YouTube Movies. 2017 · Documentary; 1:23:41. Jason Calacanis CNBC SquawkAlley 11-19-18: Have we reached Peak Facebook? - Duration: 6:44. This Week In Startups 2,110 views. 6:44 ... Original video date: 10/22/18 Galileo asks Jason Calacanis how and why he chooses to invest in companies. Clip taken from: https://www.youtube.com/watch?v=D-... Jason Calacanis: Bitcoin Is A Bubble, Just Not Sure How Close It Is To Popping CNBC. Category News & Politics; Show more Show less. Loading... Advertisement Jason Calacanis CNBC SquawkAlley 8/30-Amazon cuts Whole Foods prices; ... Understanding Bitcoin's Surge And Its Use Around The World CNBC - Duration: 7:02. CNBC 70,942 views. 7:02 . The Company ... Jason Calacanis, Founder of Launch Moderator: David Cao SVE.io JASON CALACANIS is a technology entrepreneur, angel investor, and the host of the popular weekly podcast This Week in Startups. He's ...