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I like what you say Marcus, BUT Coinbase have been net sellers of corn since their start, so I think some mistrust about that is granted.
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Resistance got pretty strong in no time. I smell hedge funds...  I'd play with them and stack the last of the cheap satz. Just a handful, just to be able to say "I bought my last sat under 60k (or barely past that)". Let the hedgies work for us hodlers, not the other way round. We came here first didn't we? Resistance got pretty strong in no time. I smell hedge funds... I smell a new round of newly printed trillions of $$$ by the Fed to bail out hedge funds that have shorted bitcoin and are too big to fail. I don't buy this. As I said, and more said before me, my hunch is they're just suppressing spot to get the best possible deal OTC. They won't be able to keep at it for long, says my SOMA system. |
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OK.. just to talk about Bitcoin for a moment...  Considering Bitcoin use on the rise in African culture... who are our Africans here? Does anyone have data on this? What I want to know is whether the idea is true that Africans are using BTC for trade via trusted second layers currently. Exchanges for example. That they are NOT trading into a lower fee crypto to trade in. (BCH, LTC, DOGE for example). I am asking how much Africans are choosing to stay in BTC rather than trade in the cheaper less liquid ALTS. Are we seeing Gresham's or Their's law playing out there? From my reading I understand they are really staying focused on BTC, and just avoiding fees by exchanging off chain... and if that is true I honestly think this is one of the MOST important things happening with BTC from a evolution standpoint. +1 WOsMerits Exchanging off chain... how? The mother of invention... They might actually be onto something. It could be a web of trust backed by guns (fuck with me and Nigerian mafia will get your ass). I think we'll be the first to get more details, if it's really a thing. The WO is definitely part of the vanguard. |
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My current thoughts on #Bitcoin $BTC
Very long thread, forgive me.
Summary at tweet 44
Dumbed down summary at tweet 45
1/
...
I could say a lot more but this thread is already so long.
Summary:
- derivs a bit overheated
- constant strong spot bid
- institutional driven flow
- no peak retail euphoria yet
- mainstream adoption getting very real
- Coinbase IPO could be volatility catalyst
44/
You forgot to mention the last part - the dumbed down summary. Dumbed down summary:
Number fucking go up... Probably.
45/ |
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An indirect argument could be made: Any government, even if malevolent, likely would like some subjects to, erm, govern.
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Right, let the guy think you're an extravagant billionaire who spends 30k for a set of towels. You're guaranteed to get the guy's best offer.
/s
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Corn go up or down?
This is a game for children.
Relax, gentlemen.
#haiku
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Never mind the weekend, boys. Let the kids have the playground until daddy comes back from the bank on Monday. Let's see if they keep putting corns on sale.
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Wasn't he referring to seasonal rains?
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Similar to the recent subject about when should we start to measure BTC's price because of course, one of the very first transactions to buy two pizzas for 10k bitcoin might not be as representative as prices a few months down the road when larger numbers of trades are allowed and even locations for conducting such trades become more common.. so in that regard, there is a kind of product of the number of transactions and maybe the passage of time, and I do have some troubles gravitating on any price analysis that uses 2010 data because it seems so sporadic.. but it seems by the time that we are getting to 2011, even if the BTC price discovery is relatively immature, it seems fair enough to start to use that data rather than waiting for 2013 or some further down the road date - at least in my thinking.
I'd agree. I think that, barring contrary evidence, that is perfectly fine to consider as the seminal event in the price discovery for Bitcoin. I've always been wary of wanting to throw out data because it doesn't fit a narrative. When JJG drops baby talk, agreeing becomes easier. Chartbuddy is currently under contemplation.
Would be an interesting development... and surely no straight forward thing to keep going... concededly beyond my pay grade.. Yes Richy, come on give us that back. It will be more useful than bigblocking, at least around here. In diz here parts, peeps like the discussening of the actual King Daddy that is, not dee one that could have been. Amirite? (Back to baby talk for the sake of pluralism - so you can feel free to disagree with me.) |
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Who subscribes to the thesis "One last dump to scare them all"?
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Fun fact, ABBA got famous by winning the Eurovision song contest in 1974 in Brighton, I watched it with some friends at a friends place in Rosengård (now a no go zone) and then biked home in the middle of the night, I was 14 and it was totally safe. The song is called Waterloo, enjoy https://www.youtube.com/watch?v=Vp1_OKawHYwShilling Swedish pop from the 70s unashamedly... But I have to admit, they produced some of the best Europop of the past century. |
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Train has left the station JJG so cancel all 10-15k order.  Hahahahaha Nice lil troll there buddy. -snip snip snip-Come on now JJG, it takes a whole hell of a fucking wide definitioning of "troll" in order that said definitioning could possibly include a peep advising the removening of stale underpricened buy ordenings, to the extent that this peep is actually seeming to suggest that. Amirite? (Is imitation the highest form of flatterening?) |
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Ok, in all seriousness, everyone knows this thing is on the verge of a collapse, right? Double top. Low volume. Get out while you still can.
Thank you!! We were starting to worry, uncertain whether to hold on a little more or dump eet right now. |
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PoS ain't happening for Bitcoin. Sure, any altcoin can do it, go ahead.
I agree. Sort of. But what stops there from being a fork backed by this "initiative"? I hope you are right... Maybe I forgot that bitcoin does not give a crap about any "Crypto somethingornother Initiative". Nothing. Forks happen. It will be... a .. "fork", and not Bitcoin, even if they use the same name. Bitcoin Gold, Diamond, Black, Cash, SV, ... BitcoinFork... does not matter. We will have an opportunity to split whatever fork coins they make. It's all going back to Bitcoin. Going to continue as the devil's advocate here, trying to think adversarially. If they do this they will have a lot of money and high level marketing behind it along with the attention of politicians. I think it could be a bumpier road than the last fork adventure. And ... what about all the miners and all time hash rates? They're going to stick to the original. The fork can do PoS if they want. Yes @cAPSLOCK, it's just sour coffee, likely. Real sharkwhales should know better what happens when you fork around with the badger. See that Chinese motherfucker, he also had many miners under his thumb given his control of the hardware supply chain. How much good did it do to bcash lol? Let them make BTC-PoS, or any other aptly named POS coin (notice the acronym already includes the proper prefix for this kind of coins). A. I'm sure all the invested miners will turn themselves belly up for the final death strike. Heavyweights will sell all their bags, Elon, Michael and all the others. As we will. Everyone will accept it as hard payment. It will go to the moon and beyond. The new shitcoin will rule the world. B. If anything like that happens, we'll need to time our shitbag dumping to maximize the bonus fork prize. Smart forecasters needed! A little game: which of the two is my real position? |
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Buying the top and hodling hard beyond a new ATH is part of the transformation to a Bitcoiner, isn't it?
If it doesn't kill you, it makes you poorer. Now that's the birth of a new proverb  What doesn't kill you makes you poorer
+1 WOsMerit Covered a "boring" one for you |
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Magnet link for the facebook flat files. 15G
magnet:?xt=urn:btih:0595273ab674e05131a757f69f494a4285b429aa&dn=Facebook%20Leak%20%5b2019%5d%5b533M%20Records%5d%5b106%20Countries%5d
Torrent looks dead here. Looks like ISPs are blocking it, use I2p (BiglyBT). Not too important - it was just for the fun of checking if there's anyone I know, but here's what happened. I thought: "Blocking DHT? Strange. Never happened here before." So I installed BiglyBT, got the torrent started without a problem. Stopped BiglyBT, copied the peers over to my usual torrent client, that couldn't start to begin with, and now it's finishing the job. I think I'm making the torrent available to a larger crowd now - though I might be wrong. What's up here? Careful, they may port block you now if your doing it in the clear. Funny, nothing illegal about the data but they try their best to protect institutions like facebook. The thing I don't understand: BiglyBT just got started on the new torrent as if it was nothing. I didn't even istall i2p. Does BiglyBT install and use it out of the box? Evidently (most of?) the peers weren't on i2p: they smoothly copied over to the regular client, and I can see they're using Vuze, qbittorrent, etc: regular clients. Se it doesn't seem like an ISP issue at all. Why wouldn't my own client work though? I gave it a dozen hours to get the DHT business done, and it didn't even get one peer address until I spoonfed them. I think I understand the issue, and I am a supporter. Tor alone is not enough. We need as many independent resilient networks as possible - i2P, tor, freenet etc. I used to run (and thus help) freenet in the past, but I haven't migrated it to my new box (yet). I couldn't live without Tor. I think one of i2p's strength is being small. It has a whole different set of strengths and vulnerabilities compared to Tor, so it's very much needed diversification IMO. |
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Magnet link for the facebook flat files. 15G
magnet:?xt=urn:btih:0595273ab674e05131a757f69f494a4285b429aa&dn=Facebook%20Leak%20%5b2019%5d%5b533M%20Records%5d%5b106%20Countries%5d
Torrent looks dead here. Looks like ISPs are blocking it, use I2p (BiglyBT). Not too important - it was just for the fun of checking if there's anyone I know, but here's what happened. I thought: "Blocking DHT? Strange. Never happened here before." So I installed BiglyBT, got the torrent started without a problem. Stopped BiglyBT, copied the peers over to my usual torrent client, that couldn't start to begin with, and now it's finishing the job. I think I'm making the torrent available to a larger crowd now - though I might be wrong. What's up here? |
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Yes that’s always true “Not your keys, Not your coins”
One question how much can we trust these third party wallets then? Specially these wallets on our mobile apps. Although they give us access to the private keys but still can we trust them? I have been using Jaxx. But often I will open my wallet to confirm my coins are still there or some developer of Jaxx have already transferred my funds to some cold wallet :p
Why use Jaxx when Bitcoin for Android and Electrum works? What do these other wallets have? I understand some like Casa and Unchained are multi-signature services but you can also do those on your own. Does Jaxx publish their source code for the app? Can you compile it yourself and check? And Electrum have been promising easy multisig for a while. I expect they'll deliver when it's tested appropriately. |
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