Bitcoin Is Weirdly Similar to an Oil Tanker – Expert Explains Why

2019-5-31 22:30

By CCN: Adamant Capital’s Tuur Demeester, an outspoken crypto analyst and proponent of Bitcoin, said on Twitter that using the flagship cryptocurrency’s blockchain will eventually be as expensive – and rare – as chartering an oil tanker.

Even the simple act of opening a Lightning Network channel will be cost-prohibitive and potentially slow once the network user base climbs into the billions. Bitcoin’s Blockchain Is Like an Oil Tanker – You Won’t Use Either of Them At full maturity, using the Bitcoin blockchain will be as rare and specialized as chartering an oil tanker. https://t. co/lu1ORzrTjF — Tuur Demeester (@TuurDemeester) May

The post Bitcoin Is Weirdly Similar to an Oil Tanker – Expert Explains Why appeared first on CCN

. origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) íà Currencies.ru

$ 64756.53 (-1.41%)
Îáúåì 24H $142.477b
Èçìåíåèÿ 24h: -9.30 %, 7d: -21.57 %
Cåãîäíÿ L: $60714.05 - H: $66545.2
Êàïèòàëèçàöèÿ $1294.162b Rank 1
Öåíà â ÷àñ íîâîñòè $ 8505.56 (661.34%)

bitcoin tanker oil blockchain similar chartering using

Èñòî÷íèê: ccn.com

bitcoin tanker → Ðåçóëüòàòîâ: 1


Ïàðòíåðû Currencies.ru



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners

Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, […] The post 2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners appeared first on Bitcoin News.

Crypto Pundit reveals what will likely ignite another parabolic Bitcoin Rally

Just as BTC broke a previous “accumulation” period before entering a new Bull run, once it breaks the price barrier between $10,000 – $12,000 it will end the “re-accumulation phase”, and markets will “ignite another parabolic rally” according to data provided by Adamant Capital’s Tuur Demeester.

Bitcoin ‘Needs $100M Positive Interest Per Week’ To Keep $8K Price

Bitcoin must attract a giant $2. 88 billion in net positive demand if it is to keep its $8000 price in the run-up to the block size halving event. Demeester: Bitcoin Halving Run-Up Needs $2. 8B That was according to Adamant Capital founding partner and commentator Tuur Demeester, who this week offered an alternative perspective on Bitcoin’s short-term price potential.

Crypto Bull: Like Amazon Stock, Bitcoin Is a 'Screaming Buy'

Bitcoin investor Tuur Demeester says despite the recent dip in crypto prices, we're not in a bear market. Rather, he insists this is a "post ICO-bubble bitcoin bull market. " The ICO bubble occurred during the 2017 crypto bull market, when the bitcoin price approached $20,000.

Tuur Demeester: Ethereum Is Getting More Centralized And Lacks Credibility

Co-founder of Adamant Capital, Tuur Demeester isn’t thrilled about Ethereum’s performance, and he hasn’t shied away from expressing his displeasure. In a Twitter post that has since attracted the attention of numerous crypto fans, Tuur points out a few of the issues that he considers thorny in Ethereum, one of them being centralization.