Do we need a black based alt coin?

[heisenburrr]

Thanks breh!

Just as a heads up. If you choose to use coinbase you'll have to provide personal id documents. I understand that some would be cautious of doing that but coinbase is a really legit company and they are required to ask these informations for compliance

 

[Warren Moon]

this will never happen. bitcoin is global. don't try to paint stupid racial issues onto it. it only makes you stupid

Naw bra. How'd you hear about bitcoin, through someone else telling you about it. So you telling me, if I don't get rappers and celebs to subtly drop OUR coin and people start hearing about they wont buy it. The basis of bitcoins popularity is people heard about it first, but to be honest its just getting to the kinda techies. Thats how the super techies made money off of it. So you telling me if we cant use our connections collectively to promote an african american coin it won't work? Somebody like you should be on the ground floor of the promotion not thinking its stupid.

 

[heisenburrr]

school me on this

there's a huge thread in HL http://www.thecoli.com/threads/bitcoin-200.157550/

lot's of trolls in there though....

let me know if you have any specific questions

 

[KOOL-AID]

Dafuq is bitcoin, how do I do it?

 

[heisenburrr]

Naw bra. How'd you hear about bitcoin, through someone else telling you about it. So you telling me, if I don't get rappers and celebs to subtly drop OUR coin and people start hearing about they wont buy it. The basis of bitcoins popularity is people heard about it first, but to be honest its just getting to the kinda techies. Thats how the super techies made money off of it. So you telling me if we cant use our connections collectively to promote an african american coin it won't work? Somebody like you should be on the ground floor of the promotion not thinking its stupid.

Bra

This is a new age currency, this is not fukking MollyWater. The legitimacy of Bitcoin is a result of its resilience following 5 years of ups and downs and people claiming it was ponzi scheme or that it was dead. You can not replicate that. The whole thing was a very organic process.

There is a huge network effect at stake here. Unless you create a coin that is significantly better than Bitcoin then it has no chance. Why the hell would you need an african american coin? What's with this obsession to make everything a racial issue?

Bitcoin will benefit african americans as much as it will benefit mainstream white people.

 

[L&HH]

Dafuq is bitcoin, how do I do it?

Digital, decentralized currency.

The reason why I want it to work is because fukk PayPal, Western Union and all those other third parties we have to go through in order to transfer/send money. Other people use it for other reasons

 

[KOOL-AID]

Digital, decentralized currency.

The reason why I want it to work is because fukk PayPal, Western Union and all those other third parties we have to go through in order to transfer/send money. Other people use it for other reasons

Ok so how do I use it to make money?

 

[Warren Moon]

Bra

This is a new age currency, this is not fukking MollyWater. The legitimacy of Bitcoin is a result of its resilience following 5 years of ups and downs and people claiming it was ponzi scheme or that it was dead. You can not replicate that. The whole thing was a very organic process.

There is a huge network effect at stake here. Unless you create a coin that is significantly better than Bitcoin then it has no chance. Why the hell would you need an african american coin? What's with this obsession to make everything a racial issue?

Bitcoin will benefit african americans as much as it will benefit mainstream white people.

Every altcoin goes through the same process hence my point of it taking 10 years and most people in the last 2-3 years years have made there money off of non bitcoins. All the coins are based off the same programming language process and thats why there are some many coins coming out now. The real question is why are you making it a racial issue, when i say blacks make their own coin? 95%(low estimate) of all altcoins are owned by whites in the tech circle, so why is it unimaginable that blacks make their own coin, unless you dont trust a system unless its set up by cacs?

 

[heisenburrr]

Ok so how do I use it to make money?

you just buy them, stash them away for the next 5 years. get rich and thank me later

 

[heisenburrr]

Every altcoin goes through the same process hence my point of it taking 10 years and most people in the last 2-3 years years have made there money off of non bitcoins. All the coins are based off the same programming language process and thats why there are some many coins coming out now. The real question is why are you making it a racial issue, when i say blacks make their own coin? 95%(low estimate) of all altcoins are owned by whites in the tech circle, so why is it unimaginable that blacks make their own coin, unless you dont trust a system unless its set up by cacs?

I don't trust altcoins, they are scams 99.9% of the time and most will not amount to anything in the long run.

There is effectively no reasons for them to exist other than speculative and technical discoveries purposes

 

[Warren Moon]

I don't trust altcoins, they are scams 99.9% of the time and most will not amount to anything in the long run.

There is effectively no reasons for them to exist other than speculative and technical discoveries purposes

So you telling me the only payment system that will survive is bitcoin? When ten years ago ppl were using you're same argument your are, about how it won't work in forums such as this.

 

[KOOL-AID]

you just buy them, stash them away for the next 5 years. get rich and thank me later

Breh can u be more specific, give me a detailed list of steps to take. Sorry for the questions, this seems like sum legit shyt

 

[heisenburrr]

So you telling me the only payment system that will survive is bitcoin? When ten years ago ppl were using you're same argument your are, about how it won't work in forums such as this.

Yes, money flows to the most liquid market. What use is there for dozens of different currencies?

I'm not sure I understand the last part of your comment.. but yes Bitcoin, for the moment, is the only legitimate horse in this race.

 

[heisenburrr]

Breh can u be more specific, give me a detailed list of steps to take. Sorry for the questions, this seems like sum legit shyt

I cannot reason and have you understand bitcoins in a couple sentences. You should take some time to educate yourself on the subject.

Check out this thread and the numerous videos and articles posted in there.

Read this one for starters :

http://dealbook.nytimes.com/2014/01/21/why-bitcoin-matters/?_php=true&_type=blogs&_r=0

 

[Warren Moon]

Yes, money flows to the most liquid market. What use is there for dozens of different currencies?

I'm not sure I understand the last part of your comment.. but yes Bitcoin, for the moment, is the only legitimate horse in this race.

But as a person who obviously makes a some kind of money on coins. Why would you not support an altcoin which has been proven ten fold that they make money? And if you did support it why would you not want to be apart of a black backed operation?