1. 05-07-23 12:35 PM #7911
    pokerdevil
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    I'm hearing the high fees are because of these Ordinals. Hoping this trend passes soon and we can send transactions with a fee of 2-10 cents (even if it has to confirm in the middle of the night) again
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  2. 05-07-23 02:14 PM #7912
    biggie12
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    Id suggest taking your btc and running now while you can.

    But what do i know ��


    400k transactions pending. GL BTC its only a matter of time
    Last edited by biggie12; 05-07-23 at 02:24 PM.
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  3. 05-07-23 03:14 PM #7913
    biggie12
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    Quote Originally Posted by pokerdevil View Post
    I'm hearing the high fees are because of these Ordinals. Hoping this trend passes soon and we can send transactions with a fee of 2-10 cents (even if it has to confirm in the middle of the night) again
    what do u think happens when they add a couple more big ordinals.

    its a scary time for btc.
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  4. 05-07-23 03:41 PM #7914
    themike78
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    Im hearing that bitcoin is a garbage product that is too expensive and slow. It won't even exist in a few more weeks. Seriously why would anybody use bitcoin? Its faster and cheaper to send a check in the mail than it is to transfer bitcoin.
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  5. 05-07-23 03:52 PM #7915
    ChuckyTheGoat
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    Quote Originally Posted by pokerdevil View Post
    I'm hearing the high fees are because of these Ordinals. Hoping this trend passes soon and we can send transactions with a fee of 2-10 cents (even if it has to confirm in the middle of the night) again
    Salud. Pretty crazy right now.
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  6. 05-07-23 03:53 PM #7916
    Ghenghis Kahn
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    Yeah WTF? $10 fees and it's gonna take a day?
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  7. 05-07-23 04:51 PM #7917
    biggie12
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    Quote Originally Posted by pokerdevil View Post
    I'm hearing the high fees are because of these Ordinals. Hoping this trend passes soon and we can send transactions with a fee of 2-10 cents (even if it has to confirm in the middle of the night) again
    explain how that is possible ? with more and more being introduced.
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  8. 05-07-23 05:37 PM #7918
    homie1975
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    Quote Originally Posted by themike78 View Post
    Im hearing that bitcoin is a garbage product that is too expensive and slow. It won't even exist in a few more weeks. Seriously why would anybody use bitcoin? Its faster and cheaper to send a check in the mail than it is to transfer bitcoin.
    okay Miker now we are talking. you are talking about utility and functionality and convenience, instead of just throwing around statements about it dropping to .01 in a week, etc, etc.

    do you see this as the main issue with BTC or do you believe the volatility and any other reasons are bigger than the convenience and speed aspect?
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  9. 05-08-23 01:07 PM #7919
    Ghenghis Kahn
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    If anyone is interested in AMZ. Presale ends soon... But my BTC transfer seems like it's stuck. Sigh

    Should've done this long time ago before the bullshit.

    https://www.amzwallet.sale/presale/swap/
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  10. 05-08-23 02:44 PM #7920
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    Why do you guys keep responding to Mike78?

    The guy is barely even trying and you all line up to walk right into his trap over and over again.

    His effort to results ratio is exponentially in his favor. He's on autopilot yet gets boatloads of replies.

    You're all getting clowned by a glorified bot.
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  11. 05-08-23 05:41 PM #7921
    biggie12
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    Quote Originally Posted by Ghenghis Kahn View Post
    If anyone is interested in AMZ. Presale ends soon... But my BTC transfer seems like it's stuck. Sigh

    Should've done this long time ago before the bullshit.

    https://www.amzwallet.sale/presale/swap/
    ghenghis stay away far away. If i have to explain why You have no business getting involved in any presales or dealing with cyrpto period.
    Last edited by biggie12; 05-08-23 at 05:56 PM.
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  12. 05-08-23 11:59 PM #7922
    homie1975
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    Quote Originally Posted by Eddy Munny View Post
    Why do you guys keep responding to Mike78?

    The guy is barely even trying and you all line up to walk right into his trap over and over again.

    His effort to results ratio is exponentially in his favor. He's on autopilot yet gets boatloads of replies.

    You're all getting clowned by a glorified bot.
    that was my first reply to him in ages. he actually stopped the thread crapping and tried to make a cogent point about why BTC is not to be trusted LT as an investment.
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  13. 05-09-23 12:07 AM #7923
    Eddy Munny
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    Quote Originally Posted by homie1975 View Post
    that was my first reply to him in ages. he actually stopped the thread crapping and tried to make a cogent point about why BTC is not to be trusted LT as an investment.
    He literally said snail mail is a quicker option... I guess if you regard that as a cogent point, carry on.
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  14. 05-09-23 07:23 AM #7924
    themike78
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    Quote Originally Posted by Eddy Munny View Post
    He literally said snail mail is a quicker option... I guess if you regard that as a cogent point, carry on.
    Ok. I was exaggerating a little with the snail mail comment. But now the old money transfer options used for books are a cheaper and quicker option to get money in and out of books. Bitcoin was supposed to replace all those methods but now its worse. And also my latest numbers are in and they are showing bitcoin to go down to about 37 cents by Friday morning.
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  15. 05-09-23 07:48 AM #7925
    Optional
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    "bitcoin was supposed to..."

    1) Be anonymous
    2) Replace cr cards
    3) Used for everyday transactions
    4) etc etc


    Oh yeah, says who? When did they say that was SUPPOSED to be what it was designed for?

    And you saying it, or reading some other clown saying it, doesn't count.

    And more important, it hasn't been any of those things for the first 13 years of it's existence but you think it's a problem now!? You're bereft of logic as well as knowledge if you are saying these things are some sort of problem.

    Regulation or global disaster is the biggest risk to value, and regulators can't stop it long term anyway. There is a big world outside the US govt officials.
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  16. 05-09-23 07:54 AM #7926
    ChuckyTheGoat
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    Great post, Opti. Makes one think.

    If you zoom out, I think Bitcoin is doing fine. The volatility scares some off, which can leave it in (mostly) strong hands.

    The adoption curve is key. And I only see that going higher.
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  17. 05-09-23 07:44 PM #7927
    homie1975
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    Quote Originally Posted by Eddy Munny View Post
    He literally said snail mail is a quicker option... I guess if you regard that as a cogent point, carry on.
    he talked about it expensive, slow, and mentioned transferring.

    he is at least saying things about its utility.

    eddy
    do you have an opinion on BTC and/or crypto in general?
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  18. 05-09-23 08:46 PM #7928
    Ghenghis Kahn
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    Never mind
    Last edited by Ghenghis Kahn; 05-09-23 at 09:11 PM.
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  19. 05-09-23 11:30 PM #7929
    biggie12
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    almost 70% on bitcoin sv overnight. hope some of you have half a brain here


    Khan did you get got on amzwallet?
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  20. 05-09-23 11:45 PM #7930
    raiders72001
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    Quote Originally Posted by Optional View Post
    "bitcoin was supposed to..."

    1) Be anonymous
    2) Replace cr cards
    3) Used for everyday transactions
    4) etc etc


    Oh yeah, says who? When did they say that was SUPPOSED to be what it was designed for?

    And you saying it, or reading some other clown saying it, doesn't count.

    And more important, it hasn't been any of those things for the first 13 years of it's existence but you think it's a problem now!? You're bereft of logic as well as knowledge if you are saying these things are some sort of problem.

    Regulation or global disaster is the biggest risk to value, and regulators can't stop it long term anyway. There is a big world outside the US govt officials.
    Biggest whales are in Asia. Top WEB3 cities are in the US but they are moving out fast https://web3.career/web3-cities
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  21. 05-10-23 04:42 AM #7931
    flyingillini
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    Quote Originally Posted by raiders72001 View Post
    Biggest whales are in Asia. Top WEB3 cities are in the US but they are moving out fast https://web3.career/web3-cities
    Crypto is huge here, never seen anything like it, here and in Hong Kong, Singapore, etc, but huge in Vietnam
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  22. 05-11-23 01:10 PM #7932
    biggie12
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    i smell under 24k soon.
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  23. 05-11-23 02:13 PM #7933
    Optional
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    Quote Originally Posted by biggie12 View Post
    i smell under 24k soon.
    I'd like that if didn't need to cash some. 23k was my stop for buying and I still think that's a good buy level.
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  24. 05-11-23 02:37 PM #7934
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    Quote Originally Posted by Optional View Post
    I'd like that if didn't need to cash some. 23k was my stop for buying and I still think that's a good buy level.
    i would respectfully disagree, at this point i don't think any price is a good buy level... i was bullish until these fees/wait times totally went nutso... a store of wealth is only a good store of wealth if it's quickly, easily, and readily exchangeable without pissing you off too much lol

    i'm still holding a bunch of btc/eth/etc but no way would i be buying more
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  25. 05-11-23 02:39 PM #7935
    Optional
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    I see the problem as solvable soon, so buying based on others fear seems the right move.
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  26. 05-11-23 02:45 PM #7936
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    Quote Originally Posted by Optional View Post
    I see the problem as solvable soon, so buying based on others fear seems the right move.
    i get that, but it's also a product based solely on faith/trust in the system... some of that faith and trust is permanently gone, heck look at the other thread, peavy has a sportsbook transaction sitting unconfirmed for a week
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  27. 05-11-23 05:38 PM #7937
    biggie12
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    Quote Originally Posted by Optional View Post
    I see the problem as solvable soon, so buying based on others fear seems the right move.
    how do you see it solvable?
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  28. 05-11-23 05:39 PM #7938
    biggie12
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    Quote Originally Posted by biggie12 View Post
    how do you see it solvable?

    Only BTC maxies think this.....
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  29. 05-11-23 06:39 PM #7939
    biggie12
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    pretty sure chekmate has been established we are just waiting for the game to end.

    GL lukedashjr.
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  30. 05-11-23 06:40 PM #7940
    biggie12
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    Immutable
    permissionless
    decentrialzed
    isnt he failing on all?
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  31. 05-11-23 10:37 PM #7941
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    Quote Originally Posted by biggie12 View Post
    how do you see it solvable?
    Kill the Taproot soft fork does the job. Soon LN and other layer 2s with speed things up and keep down the fees. Ordinals are killing BTC and they should just get rid of them. There are over 5m inscriptions.
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  32. 05-12-23 10:10 AM #7942
    biggie12
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    Quote Originally Posted by raiders72001 View Post
    Kill the Taproot soft fork does the job. Soon LN and other layer 2s with speed things up and keep down the fees. Ordinals are killing BTC and they should just get rid of them. There are over 5m inscriptions.
    i think your wrong on this one raiders.
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  33. 05-12-23 05:58 PM #7943
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    Quote Originally Posted by biggie12 View Post
    i think your wrong on this one raiders.
    It wouldn't be the first time that I'm wrong. The Lightning Network can transfer more transactions than V *** and fees are almost 0.
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  34. 05-12-23 05:59 PM #7944
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    To prevent a similar recurrence in the future, our fees have been adjusted. We will continue to monitor on-chain activity and adjust accordingly if needed.Our team has also been working on enabling BTC Lightning Network withdrawals, which will help in such situations.
    Binance
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  35. 05-12-23 07:52 PM #7945
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    Quote Originally Posted by raiders72001 View Post
    Binance
    Binance leaving the Canadian market this month.
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