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Are we excited yet?

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    #1502
    Irish_rat
    Registered Users Posts: 2,555 ✭✭✭Irish_rat


    [Deleted User] wrote: »
    Musk is now shilling CUMROCKET, it's up 300%

    Its got potential, adult nft videos, what's not to like


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    #1503
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Bitcoin 2021 meeting announcement supposed to be coming at 9.30
    https://youtu.be/VVDNEnRAZU4


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    #1504
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Explains musks actions regarding BTC tweets

    https://www.youtube.com/watch?v=UG07x3aN3b0


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    #1505
    fritzelly
    Registered Users Posts: 17,448 ✭✭✭✭fritzelly


    Badly fukt wrote: »
    Bitcoin 2021 meeting announcement supposed to be coming at 9.30
    https://youtu.be/VVDNEnRAZU4

    All marketing so far


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    #1506
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    fritzelly wrote: »
    All marketing so far

    Rumors that Square are to invest in solar power plant for BTC mining in the States


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    #1507
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    El Salvador is the first country to use Bitcoin as it's currency, it was using the dollar. It will treat bitcoin as legal tender


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    #1508
    Bob24
    Registered Users Posts: 10,905 ✭✭✭✭Bob24


    Badly fukt wrote: »
    El Salvador is the first country to use Bitcoin as it's currency, it was using the dollar. It will treat bitcoin as legal tender

    Is this real?? If yes this is quite serious news.


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    #1509
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Bob24 wrote: »
    Is this real?? If yes this is quite serious news.

    Yes, I was expecting a pump but it may just be doing enough to stop it dipping


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    #1510
    fritzelly
    Registered Users Posts: 17,448 ✭✭✭✭fritzelly


    Bob24 wrote: »
    If yes this is quite serious news.

    How so? El Salvador is basically non existent in the scheme of the world


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    #1511
    Bob24
    Registered Users Posts: 10,905 ✭✭✭✭Bob24


    fritzelly wrote: »
    How so? El Salvador is basically non existent in the scheme of the world

    Agree, but this is setting a precedent (although I just had a quick look and my understanding is that it isn't quite done yet and will be submitted for enactment next week ... I think they will get serious pressure not to do it).


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    #1512
    BrandonBay86
    Registered Users Posts: 496 ✭✭BrandonBay86


    Jack Mallers is an absolute legend


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    #1513
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    https://twitter.com/Cointelegraph/status/1401280607498522632


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    #1514
    Bob24
    Registered Users Posts: 10,905 ✭✭✭✭Bob24


    I think the below might be a better depiction of what he said (similar story, but as far as I understand it isn't actually quiet legal tender yet):

    https://twitter.com/bitcoinmagazine/status/1401279550538108933


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    #1515
    GooglePlus
    Registered Users Posts: 2,010 ✭✭✭GooglePlus


    [Deleted User] wrote: »
    https://twitter.com/Cointelegraph/status/1401280607498522632

    Feels like having a criminal giving you a character reference. Hopefully this is a good thing and not used as a stick to beat the coin down further.


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    #1516
    fritzelly
    Registered Users Posts: 17,448 ✭✭✭✭fritzelly


    Meanwhile BTC goes on a downward path


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    #1517
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    fritzelly wrote: »
    Meanwhile BTC goes on a downward path

    It's the weekend


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    #1518
    GooglePlus
    Registered Users Posts: 2,010 ✭✭✭GooglePlus


    [Deleted User] wrote: »
    It's the weekend

    Right after the announcement though..


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    #1519
    fritzelly
    Registered Users Posts: 17,448 ✭✭✭✭fritzelly


    GooglePlus wrote: »
    Right after the announcement though..

    Exactly - sounded like a rallying call for BTC, which promptly dropped during the following 30 minutes

    Could also be people holding off waiting for the announcement then went "What?"


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    #1520
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Yep, this isn't the announcement people were expecting


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    #1521
    HGVRHKYY
    Registered Users Posts: 416 ✭✭HGVRHKYY


    BrandonBay86 wrote: »
    Jack Mallers is an absolute legend

    Why? Wasn't watching the conference


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    #1522
    BrandonBay86
    Registered Users Posts: 496 ✭✭BrandonBay86


    HGVRHKYY wrote: »
    Why? Wasn't watching the conference

    He’s now a buddy of the president of El Salvador and now they are going to make BTC legal tender (once it passes through their equiv of the senate).


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    #1523
    BrandonBay86
    Registered Users Posts: 496 ✭✭BrandonBay86


    BrandonBay86 wrote: »
    $1000+ green candle incoming

    *red


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    #1524
    HGVRHKYY
    Registered Users Posts: 416 ✭✭HGVRHKYY


    BrandonBay86 wrote: »
    He’s now a buddy of the president of El Salvador and now they are going to make BTC legal tender (once it passes through their equiv of the senate).

    Ah so he was involved in that announcement, fair play to him


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    #1525
    Suckit
    Registered Users Posts: 11,215 ✭✭✭✭Suckit


    GooglePlus wrote: »
    Feels like having a criminal giving you a character reference. Hopefully this is a good thing and not used as a stick to beat the coin down further.
    Definitely, and doesn't really help with the last month or so press for it.
    But...
    It is still an entire Country declaring that they will be accepting it as legal tender. Can only imagine a lot of people will want to get in on that, criminal sounding or not.
    I would imagine if all cocaine dealers shipments had declared that they had to use monero or something, that the price would shoot up :pac::D (not saying anything about to shoot up - still waiting for sub €25k).


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    #1526
    fritzelly
    Registered Users Posts: 17,448 ✭✭✭✭fritzelly


    Suckit wrote: »
    Definitely, and doesn't really help with the last month or so press for it.
    But...
    It is still an entire Country declaring that they will be accepting it as legal tender. Can only imagine a lot of people will want to get in on that, criminal sounding or not.
    I would imagine if all cocaine dealers shipments had declared that they had to use monero or something, that the price would shoot up too :pac::D

    Not passed yet, its a bill that is being tendered - doesn't mean anything yet
    Even if it does get passed it will be inconsequential to BTC
    Damn even Musk has more influence over this stuff than ES does


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    #1527
    Suckit
    Registered Users Posts: 11,215 ✭✭✭✭Suckit


    Can't imagine it will be inconsequential. I can't help but think it will (eventually) make a bit of an impact, some might not like it to begin, but..


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    #1528
    Donald Trump
    Registered Users Posts: 19,345 ✭✭✭✭Donald Trump


    I have to laugh at the people trying to make a laugh of the Trinity Professor.

    The dude was writing books on electronic payments systems 20 years ago.

    Even I know that himself (and one of his students) were rumoured to be the originator of Bitcoin due to his work in that general field.


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    #1529
    Mr. Incognito
    Registered Users Posts: 9,798 ✭✭✭Mr. Incognito


    [Deleted User] wrote: »
    El Salvador is the first country to use Bitcoin as it's currency, it was using the dollar. It will treat bitcoin as legal tender

    Your loaf of bread is ten, no twenty, no five, no two bits.

    Now please wait twenty minutes while we update the ledgers.

    God people are unbelievably gullible.

    The entire things a pump and dump scam


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    #1530
    bankboucy
    Registered Users Posts: 102 ✭✭bankboucy


    El Salvador- not a good look for BTC and nothing to cheer about:

    https://www.hrw.org/world-report/2021/country-chapters/el-salvador#


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    #1531
    Bob24
    Registered Users Posts: 10,905 ✭✭✭✭Bob24


    Mr. Incognito wrote: »
    Your loaf of bread is ten, no twenty, no five, no two bits.

    Now please wait twenty minutes while we update the ledgers.

    God people are unbelievably gullible.

    The entire things a pump and dump scam

    Given Jack Mallers‘ involvement, Strike or some other solution based on the Lightning Network is probably to be introduced. Also it wasn’t said too clearly but I suspect the USD is planned to also remain legal tender (a large part of the population is unbanked and Strike is offering to wrap USD payments over BTC and the lightning network, so there is one possible scenario whereby the USD remains the unit of account but BTC/lightning becomes the means of exchange).

    It would be a interesting experience to have cash/lightning and USD/BTC co-exist and see what people chose.


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