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Bank Of Bitcoins
@BankOfBitcoins
A place to make bitcoin usage more secure
Joined June 2011
21
Following
143
Followers
55
Posts
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Arbitrage traders have started to trade heavily on the exchanges, which is why we see so many smaller transactions on mtgox and tradehill
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Now that Tradehill has trading volume finally the market is starting to see some stability with more than one large exchange
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
It does not make sense if an online game which already has its own currency using bitcoins. Maybe they are trying to invest in bitcoin first
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Are the rumors true that a well known online game will start using bitcoins within the next six weeks for ingame transactions?
Who to follow
The Bitcoin Paper
@thebitcoinpaper
Capturing Bitcoin history.
Bitcoin Lending
@bitcoinlending
Coming soon, ... Bitcoin Lending.
BitcoinsNews.com
@Bitcoin_News
Daily Bitcoin and crypto news, market analysis, and insights. The latest from https://t.co/4yhgtNoGwd
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
As far as API wars go, bitcoin has already won, and the API is what matters. http://t.co/MmBFbt3
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Twitter chose to have an API early in its life with 10x more API requests than user requests. Bitcoin has the same philosophy
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Bitcoin will succeed NOT because it is technically good, but because of the ECOSYSTEM of developers around it, like twitter
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
If Bitcoin gets a market cap of $100 Billion (same as facebook) then each botcoin is worth $12,500. Can it be as big as facebook?
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
When bitcoin gets a market cap of $10 Billion (same as linked In's IPO) then each bitcoin will be worth $1,250
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Message to bitcoin.org. Please ask user for a password and encrypt wallet.dat so bitcoins cannot be used if they are stolen!
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
The botnets and bitcoin thefts are a GOOD thing as they are strengthening bitcoin EARLY on in life.
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Final word: Bitcoin's multiple exchanges and recovery from one month of disasters shows how resilient it is!
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
We estimate by the end August Bitcoins will be fairly valued around $35 - $45, seeing as Mining Difficulty has almost tripled!
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Seeing bitcoin at $14 - $18 range is in line with our expectations
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Bitcoin banks seem to be starting to appear such as http://t.co/byZFnrg. This is a good thing
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
30 new members have signed up since last week. Not as many as we had hoped. Maybe people starting to feel secure about bitcoin again
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Looks like these troubles of the last weeks have been the best thing ever to "prove" how resilient Bitcoin is!
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Best way to secure your bitcoins. Put 10 wallets on 10 USB sticks, and use -datadir to point to the USB .wallet file when you start bitcoin
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
Since the bitcoin theft we had 187 new subscribers! People really do value security!
Bank Of Bitcoins
@BankOfBitcoins
about 15 years ago
If the Bitcoin $500,000 theft is real and can not be traced and resolved then this shows a major failure of Bitcoin
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