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by marcelchuo
Sat Oct 07, 2017 11:57 am
Forum: Mining
Topic: Any Advice on Building a Mining Farm?
Replies: 3
Views: 1562

Re: Any Advice on Building a Mining Farm?

So far I've seen that most factories choose fans because they need circulation of air. Btw, I'm not an expert this post is actually a request for advice lol
by marcelchuo
Fri Oct 06, 2017 8:25 am
Forum: Mining
Topic: Any Advice on Building a Mining Farm?
Replies: 3
Views: 1562

Any Advice on Building a Mining Farm?

Hey everyone, My friends up in Canada are thinking of building a mining farm and they have a budget of $1 mil usd. They have access to cheap electricity, and it's pretty cool weather up north in Canada. Granted they have only done mining as individuals themselves, they are unsure about how to go abo...
by marcelchuo
Sat Sep 30, 2017 5:16 pm
Forum: Bitcoin Discussion
Topic: "Satoshi Revolution" Free Book on bitcoin.com
Replies: 6
Views: 2705

Re: "Satoshi Revolution" Free Book on bitcoin.com

I just read chapter 1 part 1 and it was amazing! “The theory of the value of money as such can trace back the objective exchange value of money only to that point where it ceases to be the value of money and becomes merely the value of a commodity.” So true! The point where bitcoin becomes money is ...
by marcelchuo
Mon Sep 25, 2017 1:14 pm
Forum: Bitcoin Discussion
Topic: Bitcoin.com is now promoting Bitcoin Cash on their conference tour!
Replies: 11
Views: 4563

Re: Bitcoin.com is now promoting Bitcoin Cash on their conference tour!

Bitcoin Cash for the win! Looking good Nanok and Mate!
by marcelchuo
Mon Sep 25, 2017 4:50 am
Forum: Off-Topic
Topic: In appreciation of Roger Ver
Replies: 9
Views: 2893

Re: In appreciation of Roger Ver

I also highly recommend people make plans to attend Anarchapulco next year.
It is an amazing event.
Image
Just booked my tickets. I look forward to seeing you speak at Anarchapulco February next year. Keep up the good work Roger. =)
by marcelchuo
Mon Sep 25, 2017 1:53 am
Forum: Beginners & Help
Topic: I want to buy btc wallet to withdraw
Replies: 5
Views: 1997

Re: I want to buy btc wallet to withdraw

You can download a wallet for free on your apple or google play store. Just type in bitcoin.com into it and a wonderful wallet will be produced. Also, https://www.bitcoin.com/getting-started/ is a good way to get started. Only buy a bitcoin wallet if you are storing funds offline, trezor is a good o...
by marcelchuo
Sat Sep 23, 2017 2:00 pm
Forum: Off-Topic
Topic: In appreciation of Roger Ver
Replies: 9
Views: 2893

In appreciation of Roger Ver

Recently, I had the opportunity to see Roger Ver speak live at the Shape the Future conference in Hong Kong. I wasn't surprised by Roger's comments on BCC's larger block sizes or it's faster confirmation speeds or his critique of the core team. I had watched enough interviews of him to know these vi...
by marcelchuo
Tue Sep 19, 2017 10:37 am
Forum: Economics
Topic: Market Structure of Bitcoin Mining - Perfect competition to Oligopoly into monopolistic competition
Replies: 0
Views: 4484

Market Structure of Bitcoin Mining - Perfect competition to Oligopoly into monopolistic competition

Understanding the history of bitcoin mining has got me thinking about the market structure of bitcoin mining. In Economics we learn that there are four basic market structures each with their own assumptions. Perfect competition where there is perfect information between businesses and consumers and...
by marcelchuo
Sun Sep 17, 2017 2:52 pm
Forum: In the news
Topic: Jamie Diamond, JP morgan and blatant hypocrasy
Replies: 7
Views: 1674

Re: Jamie Diamond, JP morgan and blatant hypocrasy

Yea he is against bitcoin because institutions the central banks and financial institutions can't control it.
by marcelchuo
Fri Sep 15, 2017 12:27 pm
Forum: Beginners & Help
Topic: Can't buy Bitcoin
Replies: 4
Views: 1848

Re: Can't buy Bitcoin

We would need to know what wallet you are trying to use and also if your country supports this feature. For example I live in Malaysia and the bitcoin wallet doesn't allow me to purchase via credit card.

if you are in the US you could try coinbase.
by marcelchuo
Fri Sep 15, 2017 12:26 pm
Forum: Bitcoin Core
Topic: What is the right entry point to buy bitcoin now?
Replies: 2
Views: 3064

Re: What is the right entry point to buy bitcoin now?

To be frank nobody can tell you because it is very news driven. You could try to wait for the dust to settle when China exchanges stop trading on 30th, but maybe some other country will announce the adaptation of bitcoin or some huge business will do so. I think it's best to put money in you can aff...
by marcelchuo
Fri Sep 15, 2017 12:14 pm
Forum: In the news
Topic: BTCC Shutting down and the Charlie Lee connection
Replies: 2
Views: 882

Re: BTCC Shutting down and the Charlie Lee connection

Right so if you believe that they shorted it then they spread fud to make money My deal is like Charlie makes litecoin to be like bitcoins but with more coins and larger blocks, then he implements segwit on it also. But why is he on the core side of smaller blocks if he made litecoin to have larger ...
by marcelchuo
Thu Sep 14, 2017 4:58 pm
Forum: In the news
Topic: BTCC Shutting down and the Charlie Lee connection
Replies: 2
Views: 882

BTCC Shutting down and the Charlie Lee connection

We have all seen BTCC (one of China's biggest exchanges) shutting down by September 30th. https://www.coindesk.com/btcc-to-cease-china-trading-as-media-warns-closures-could-continue/ I am really concerned about the timing and motivation of BTCC's announcement. BTCC was not one of the exchanges that ...
by marcelchuo
Thu Sep 14, 2017 9:40 am
Forum: In the news
Topic: Technologies mature
Replies: 2
Views: 787

Re: Technologies mature

Good article =)
by marcelchuo
Wed Sep 13, 2017 4:58 pm
Forum: In the news
Topic: Jamie Diamond, JP morgan and blatant hypocrasy
Replies: 7
Views: 1674

Re: Jamie Diamond, JP morgan and blatant hypocrasy

http://money.cnn.com/2011/06/21/news/co ... m?iid=Lead
And can we trust a company that shorted CDO's but sold the product to it's customers. What a scammer
by marcelchuo
Wed Sep 13, 2017 4:40 pm
Forum: In the news
Topic: Jamie Diamond, JP morgan and blatant hypocrasy
Replies: 7
Views: 1674

Jamie Diamond, JP morgan and blatant hypocrasy

We have all seen the recent news when JP Morgan's Jamie Diamond mentioned that bitcoin is in a bubble, https://www.reuters.com/article/us-usa-banks-conference-jpmorgan/jpmorgans-dimon-says-bitcoin-is-a-fraud-idUSKCN1BN2KP But they applied for patents that copied bitcoin tech and failed, 175 times to...
by marcelchuo
Sat Sep 09, 2017 1:42 pm
Forum: Wallets
Topic: Bitcoin Cash does not belong here
Replies: 9
Views: 2664

Re: Bitcoin Cash does not belong here

Bitcoin Cash is an Altcoin, its discussion should be moved to the Altcoin section Because it's confusing new adopters. Some say the because bitcoin cash is now the closet coin to the original white paper that it should be bitcoin and BTC the alt since they added SegWit but i am not too sure i follo...
by marcelchuo
Sat Sep 09, 2017 1:38 pm
Forum: Bitcoin Discussion
Topic: What should the ticker for Bitcoin Cash be? BCH or BCC?
Replies: 24
Views: 6058

Re: What should the ticker for Bitcoin Cash be? BCH or BCC?

Voted BCH. Isn't it already listed on exchanges like poloneix and bittrex as BCH. Didn't know it could still be changed.
by marcelchuo
Sat Sep 09, 2017 12:14 pm
Forum: Philosophy
Topic: Can we ever have a truly free society?
Replies: 9
Views: 5125

Can we ever have a truly free society?

I love this forum. Conflicting views are able to be expressed without being censored. It is truly a freer place than any forum I've ever seen. A hotbed for anarchists, libertarians and voluntaryists. Yet seeing that some users are banned has made me think whether there can ever be a space or communi...
by marcelchuo
Tue Sep 05, 2017 2:14 am
Forum: In the news
Topic: China Shocks Cryptocurrency Market By Banning ICOs
Replies: 3
Views: 1002

Re: China Shocks Cryptocurrency Market By Banning ICOs

I was pretty pissed cuz they got rid of the shape the future blockchain event in beijing also. I was really looking forward to seeing Roger Ver speak in person.

And what the heck, we booked flights, accomodation, did visa's and everything already and they just cancelled the event last minute.
by marcelchuo
Mon Sep 04, 2017 5:59 pm
Forum: In the news
Topic: China Shocks Cryptocurrency Market By Banning ICOs
Replies: 3
Views: 1002

Re: China Shocks Cryptocurrency Market By Banning ICOs

Yes but aren't ICO's illegal in USA as well. Ethereum is still doing well there. I think this will be similar to when China banned btc in 2013. They will ban it for a while until they can regulate the industry.
by marcelchuo
Mon Sep 04, 2017 4:14 pm
Forum: Project Development
Topic: Coinlend.org - The Lending-Bot for Poloniex & Bitfinex
Replies: 76
Views: 18419

Re: Coinlend.org - The Lending-Bot for Poloniex & Bitfinex

One of my buddies has a lot of money stuck in Poloneix because they are so overloaded right now. He's forced to withdraw the max everyday but it's super slow.
by marcelchuo
Mon Sep 04, 2017 3:44 pm
Forum: Economics
Topic: Opportunity Cost
Replies: 1
Views: 4112

Re: Opportunity Cost

Spot on! The terrible thing is that so many resources have been spent on building infrastructure (like websites, exchanges, atms, wallets) around bitcoin since 2009 and now bitcoin 2.0 (cash) has to build up that accessibility and mainstream adoption that bitcoin core had so long to build. We know t...
by marcelchuo
Sat Sep 02, 2017 5:22 am
Forum: Economics
Topic: Hard Forks the Equivalent OF Quantitative Easing
Replies: 8
Views: 4713

Re: Hard Forks the Equivalent OF Quantitative Easing

I didn't take snapshots and was just monitoring. Thus, I can neither prove nor disprove my claim about market capitalization.
by marcelchuo
Sat Sep 02, 2017 4:32 am
Forum: Economics
Topic: Hard Forks the Equivalent OF Quantitative Easing
Replies: 8
Views: 4713

Re: Hard Forks the Equivalent OF Quantitative Easing

I don't take issue with any of the points you mentioned above. With regards the the market capitalization of bitcoin before and after the fork, the combined market was actually more than the market capitalization of bitcoin prior to the fork. I was watching it quite closely because in theory it shou...
by marcelchuo
Fri Sep 01, 2017 7:26 am
Forum: Economics
Topic: Hard Forks the Equivalent OF Quantitative Easing
Replies: 8
Views: 4713

Re: Hard Forks the Equivalent OF Quantitative Easing

When the federal reserve prints more money, it is often in response to an economic downturn and they want to stimulate the economy. The money then has to be injected into the economy through tax rebates, government spending. Then the multiplier effect means that the overall effect of the newly injec...
by marcelchuo
Fri Sep 01, 2017 5:15 am
Forum: Wallets
Topic: Bitcoin.com iPhone Wallet
Replies: 21
Views: 5031

Re: Bitcoin.com iPhone Wallet

[quote="rogerver"]Out of curiosity, what rank is the Bitcoin.com wallet coming up as in the App Store?



In Malaysia, Bitcoin.com wallet is ranked third, after blockchain.info wallet and luno
by marcelchuo
Thu Aug 31, 2017 5:42 pm
Forum: Economics
Topic: Hard Forks the Equivalent OF Quantitative Easing
Replies: 8
Views: 4713

Hard Forks the Equivalent OF Quantitative Easing

I was watching the crypto sniper and he made a valid point. We claim that the benefit of crypto is that there is a limited supply, however when we hard fork bitcoin or major cryptos like ethereum, it is the equivalent of "printing more money". I understand that forked coins are theoretically not the...

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