Official Bitcoin Thread

Here's how I understand it. They are trying to reduce the costs and time it takes for international remittances ($500B market). Telcoin is targeting lower income populations who have cell phones but no bank accounts- which is very common. Typically someone would use Western Union - would be charged a big fee and can take a week. Telcoin is an instant transaction and only charges .5% when you exchange fiat to telcoin or vice versa.

Thank you for the explanation that helps alot
 
Speaking of Verge (XVG), it's bouncing back quick. Damn the extra 2000 coins bought at 12 cents was well worth it at this point. Now all I need is IOTA to bounce back to $5 and I'll have a good day.
 
This is going to be a straight up noobie question, but a coin burn would be good for the holders of that coin cause the supply goes down making it more rare? Is this correct?

What does that do to the market cap?
 
Anyone else get more excited to see portfolio up in terms of BTC instead of USD?

Learning to read things in sats and not usd. Gives you a different perspective

This is going to be a straight up noobie question, but a coin burn would be good for the holders of that coin cause the supply goes down making it more rare? Is this correct?

What does that do to the market cap?

Id say it has to be good if the coin and org are performing but i think there are 2 sides to this does any one have examples of both sides?
 
Where can I buy Bitcoin safely apart from Coinbase? Have been trying to get verified by Coinbase for a week-ridiculous company.I don't know how much clearer of a picture they need of my driver's license.
 
What are people’s expectations for the growth of the market next year??

Marketcap = ....... ?
 
Where can I buy Bitcoin safely apart from Coinbase? Have been trying to get verified by Coinbase for a week-ridiculous company.I don't know how much clearer of a picture they need of my driver's license.

That sucks, it took me like 3 weeks to almost a month to get verified because I looked high and ugly as hell in my drivers license pic. But I contacted them and told them I just gotten into a fight the day of the pic at the DMV. I mean if you really want to get in the Cryptogame, you can always paypal gift me the amount of money you want to invest, I'll double it in 2 weeks, but I get to keep 10%, deal? Recommended $1000+ investment.
 
https://coincodex.com/article/1151/hashgraph-vs-blockchain-is-the-end-of-bitcoin-and-ethereum-near/

Peep this yall. one of my colleagues was telling me something called Hashgraph... pretty interesting They say this is better than blockchain

Yea, I briefly read about it after seeing it in a random YouTube comment.

Apparently the tech looks solid but it's not opensource, completely defeating the decentralised and tailoring aspects
That might all change though so it's good to keep tabs on it.

They need to make it an opensource platform that you can still earn money from like Ethereum

Here's how I understand it. They are trying to reduce the costs and time it takes for international remittances ($500B market). Telcoin is targeting lower income populations who have cell phones but no bank accounts- CEO says 1.2B have bank accounts vs 5B with cell phones. Typically someone would use Western Union - would be charged a big fee and can take a week. Telcoin is an instant transaction and only charges .5% when you exchange fiat to telcoin or vice versa.

Yea, what got me is when they said you don't even need smart phones to buy the token. You can get it with prepaid cards from the telecom provider the same way you get credit/talk time for pay as you go SIM cards. You can then send the token through SMS. So any devices with GSM capabilities, basically any mobile phone is fair game.

This would be huge in developing countries and they already have some partnerships that would be announced in Q1.

*This is not financial advice, You should do your own research* :lol:
 
Word on the internet skreets, BNB tokens will moon since Binance will burn alot of em on Jan 15th in addition to the growing customer base.
 
XRB moving, tried to buy 3 days ago when it was at 6$, got in at 10$ and it's hovering around 13.75$. Also, Justin Sun is live streaming the release of TRX open source code today at 6pm PST. Hopefully the code is solid!
 
Where can I buy Bitcoin safely apart from Coinbase? Have been trying to get verified by Coinbase for a week-ridiculous company.I don't know how much clearer of a picture they need of my driver's license.
Try to upload it under ID instead of DL.. when I did that it worked :lol
 
Anyone successfully buying XRP anywhere I’ve been waiting a week to just get verified on a few sites. Does anyone know of a site that takes usd for xrp also?
 
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