Sschellbach

5 ms·

1.
by Sschellbach 6y ago
your chart has a couple candles, but doesn't address my point that very little volume was transacted at 20k. People aren't going to stop storing value on the Bitcoin network, so I suggest you lighten up
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by Sschellbach 6y ago
have you read the whitepaper? Bitcoin solved doublespending and is the best implementation of digital cash in a long line of innovation. in a way all monies are pyramid schemes. You don't think maybe you're being naive for dismiss
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by Sschellbach 6y ago
Sure. If you have a serious amount of savings, the best approach to balance security and practicality is to protect your coins using multisignature, or multisig. https://en.bitcoin.it/wiki/Multisignature
4.
by Sschellbach 6y ago
Do you actually think there was a lot of volume for Bitcoin at 20k? A handful of people even bought Bitcoin at the 20k level. It was only trading at prices that high for a few hours
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by Sschellbach 6y ago
If you want to secure your current wealth by saving, the fiat standard is not for you. Bitcoin is saving technology
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by Sschellbach 6y ago
you support censoring technology topics on a technology forum?
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by Sschellbach 6y ago
Dollar cost average into Bitcoin with swan swanbitcoin.com/swym
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by Sschellbach 6y ago
This is just pressure to ensure Bytedance sells to Microsoft
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by Sschellbach 6y ago
I don't think I ever claimed to have solved any problem, just provided context for Bitcoin as a solution to the Cantillon Effect which is objectively a driving force for wealth inequality.
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by Sschellbach 6y ago
This isn't opposite, its closer to a root cause than an opposite term. Anyway, supply and demand govern all prices, I wasn't arguing against such basic economic tenants. I'm just pointing to what inflation is and that is an e
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by Sschellbach 6y ago
Calling early price discovery leg down for Bitcoin hyperinflation is dishonest at best. Even ironic as hyperinflation occurs when there is a continuing rapid increase in money supply. If that was hyperinflation, what would you call Bitcoin&
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by Sschellbach 6y ago
"Inflation, as this term was always used everywhere and especially in this country, means increasing the quantity of money and bank notes in circulation and the quantity of bank deposits subject to check. But people today use the term
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by Sschellbach 6y ago
I'm living in the US and have seen inflation my entire life in nearly every direction. Looking at tuition, real estate, gold, equities and more!
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by Sschellbach 6y ago
You have confused monetary inflation and price inflation. I'm talking about monetary inflation as per https://en.wikipedia.org/wiki/Monetary_inflation
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by Sschellbach 6y ago
wake up. real inflation in the US has been closer to 8%. Look at real estate, equities, gold. you can't see it coming, all fiat ends with hyperinflation
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by Sschellbach 6y ago
I'm on HN. I like Bitcoin. Surely, I am not alone
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by Sschellbach 6y ago
For every Capone there are thousands of people you never heard of successfully evading taxes
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by Sschellbach 6y ago
The supply of dollars is a function of the monetary policy. Are you suggesting you can predict what M2 will be in 5 years, or even 6 months? Please share your expectation.
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by Sschellbach 6y ago
You are pointing to price volatility. The comment is talking about inflation. Price discovery occurs in all markets with varying degrees of volatility. Speculative bubbles, crashes, etc result occur when new information causes price discove
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by Sschellbach 7y ago
Im a 28 year old in US 1) i dont use plastic or pesticides in my garden. I use geopots and living soil 2) never used peat 3) collect rainwater I eat 3 to 4 meals a week that largely feature produce from my garden for 8 months of the year. T
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by Sschellbach 7y ago
Is bitcoin an option worth comparing
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by Sschellbach 7y ago
maybe maintaining that ledger is more productive than you suggest
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by Sschellbach 7y ago
my conspiratorial reaction to all these conspiracies about paul le roux is that this is propaganda to defame bitcoin by driving a narrative that bitcoin was created by a convicted vicious crime boss and informant. im not buyin
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by Sschellbach 7y ago
San Francisco Data Engineer Node - Python - MongoDB - PostgreSQL - AWS - Heroku - Keras - Tensorflow - Pandas - Scikit-learn - R Resume: 2 years Founder @ Coinward, 3 years Product Manager @ Vertafore.com, 3 years Analyst @ Bimini Biologica
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by Sschellbach 8y ago
Runs out of steam at valuation paradox. I wrote a little bit about the sources of value here coinward.substack.com
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Is crypto money?(coinward.substack.com)
5 points by Sschellbach 8y ago|1 comments
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by Sschellbach 8y ago
I wrote this and am commenting for context. I'm hoping to find those who get why its important and possess the skills and capacity to get this up and running. Cheers!
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by Sschellbach 9y ago
I'm interested https://www.linkedin.com/in/sschellbach