This is so under-merited. Everyone should really read this. Thank you jojo, everything in one place. Very low quality antivaxxer shit. Using a couple of real facts to make it look trustworthy to cover up the rest 99% which is a huge pile of BS. Looked up the author: why do you believe someone who's only work experience is a self employed agriculture consultant? You don't believe scientists, infectologists, pharma professionals but you do believe a retired agriculture consultant? Truly people believe what they WANT to believe.   So instead of attempting to refute the specific facts and concepts presented by the author, you instead ad hominem attack the author and dismiss it all. Typical pro-vaxxer bullshit. I don't have time to spoon-feed you. You have to use your own brain. Basically it's just one big lie. All "facts" are purely SOMA kind of statements. No sources, no references.
Actually the onus is on you to point out the specific so-called "lies". Point them out. Be specific. He starts out with a particular standpoint on a subject and collects "facts" that fit that premise and disregards those that do not. That's not how science or decent investigative journalism works.
Ok, so which ones? Be specific. |
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So what ever happened to that asshole Jihan Wu? Haven't heard anything of him since the whole BCash launch debacle. "Fuck your mother if you want fuck."  |
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I've never understood how Raoul Pal could be such a fan of altcoins. Many people have tried to argue against them with him, and pretty much failed because he didn't consider them on an equal playing field (i.e., he didn't respect them enough to hear and consider the argument). So finally, FINALLY, someone like Michael Saylor comes along lays it out for him. I sincerely hope he gets it now and quits being so delusional. In addition to just being completely worthless, so many of these shitcoins will also be categorized by the SEC as securities, not commodities, and also won't be willing or able to comply with proper AML/KYC rules. https://twitter.com/BitcoinMagazine/status/1441507151202160641 |
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We’re getting damn close to “shit or get off the pot” time for Bitcoin’s price. I think we’re going to see a big move towards the end of October and expect we’ll see a new all time high by November 2nd. Maybe that will be en route to a $200,000 Bitcoin exchange rate by the second week of December. Any variation from this path would have me getting concerned.
Legit question: I see posts like yours here on WO from time to time. This expectation of a magical price rise to X price by Y date, or else expectations get shattered. Price doesn't just rise by magic. So who is going to provide this magical levitation? Why must Bitcoin hit a certain price by a certain date? Because a soothsayer chartist says so? Not trying to be combative or negative, I'm just extremely curious in the thinking here. If you are thinking the PlanB S2F model, just know that it is not a self-fullfilling prophecy. Someone has to actually make it happen by buying. Actually a whole lot of someones doing a whole lot of buying in a short time frame (demand suddenly overwhelming supply). And they are not looking at someone's chart to decide when to do that. In fact, the more people there are that believe the S2F model definitely will happen, the more that whale traders will have an incentive to NOT make it happen and do the opposite, fucking over both leveraged longs and shorts, and trying to shake out more weak-handed hodlers. |
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About LN, very interesting posts there, especially the long one by hisslyness (many thanks to him). I also remember Bob's struggle with LN some years back. I don't know... I've never set up a LN node or anything, so I can't have an informed opinion, but the feeling I get by reading about it, is that it looks cool, simple, fast, cheap on the outside, but is quite complicated and messy on the inside. Also, the constant need for pampering the node, in order for it to function properly, is not good. These are not good signs, and I fear that they may cause problems for its future/success. I hope I'm totally wrong on this. The whole thing brings back memories of Mike Hearn's blog post where he declares he's abandoning the Bitcoin project, and even jbreher's transaction limit posts here in WO... Don't get me wrong, I'm totally in favor of 2nd-layer solutions for micro-transactions and believe this is the future, but I sense that something may not be quite right (yet) in the current state of affairs in this matter. Just thinking out loud... Yes, LN has been undergoing ever-increasing rounds of complexity as it seeks to provide what Bitcoin does on-chain off-chain. There are all sorts of caveats, gotchas and pitfalls and the need to settle on-chain introduces some interesting limitations as discussed by Peter Rizun and the scope creep has been quite large also (LN was originally envisioned for micro-transactions). Unfortunately, the censorship initiated by Theymos also removed a lot of the warning voices regarding potential issues with LN from the community and a largely sanitized presentation has prevailed. Hisslyness's post of his experiences is not too unexpected really. I'm not going to make the obvious argument here because it's not helpful in context. It would be nice if LN could succeed but it seems to be very much an example of second system syndrome. Agreed. Hopefully it can be salvaged/fixed, or maybe lessons will be learned and a LN 2.0 network can be established in the future. One thing they absolutely *cannot* do is hold on to a bad model/system that is overly complex and costly, all due to hubris. The promise of LN was supposed to be "fast, easy, zero fee micro transactions." Otherwise it'll become nothing more than what Ethereum has done. We don't need another broken Rube Goldberg chain with extortionary fees that is continuously gaslighted as "the next greatest crypto thing". |
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Here's my new working theory on how the next bear market will begin...it's like they are already breadcrumbing it to the public.  |
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F***ing Bobby the n00b
Hope he’s right for the first time of his predicting career
Used to be on the wrong side of the table, like always
He spends way too much time proclaiming what he wants to happen, than accurately predicting what will happen using...something. Some data. Anything. ie. A blowhard cheerleader. |
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This implies traders are short selling.
In order to create large long positions...  |
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PSA: My fellow WO'ers, there's a reason that the month of September has always traditionally been bad for stonks (and now Bitcoin is no exception). Remember "Sell in May and go away"? Yep, deep pocket Wall Street traders sell off their positions in May so that they can go and play all summer long, take extravagant vacations, fuck off, etc. So they come back to the trading table after August is over, ready to start fresh trading again. You think they're just going to take up large positions again at whatever the current market price is? Nope. They are going to open large short positions first, and then short like hell, scooping up cheaper equities (and now sats) as the rest of the mom & pop retail traders freak out and sell. The MSM helps them out by spinning a convincing narrative of market doom and gloom. Shit like this: https://www.cnbc.com/2021/09/20/cramer-says-take-crypto-profits-cites-evergrande-related-tether-risks.htmlSo cheer up and BTFD. Remember that for them, the stonk market has to end at least +10-12% in the green for the year by Christmas or they are losing wealth. And this includes Bitcoin. |
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"Out of nowhere" is the narrative they are selling to the public. See also "didn't see it coming." However, the public should be questioning the timing. Why right now, at this precise moment in time? Why not a year ago, or two years ago? Or five years ago? Extreme over-leverage, lack of liquidity, and lack of earnings was just as bad then as it is now, if not more so. The CCP could have tightened monetary policy at any time within the last 5 years, but they chose to punt. Why tho? A: Because the deep state is both the arsonist and the firefighter, that's why. They create crises on demand and when needed. They wait and choose the precise moment to do it. All they have to do is to stop supporting markets with more debt liquidity and boom: instant crisis. And guess what the fix is? More money printer go brrr. More bailouts for banks and the wealthy elite. And another paltry stimmy check for granny who just lost her part time job at Walmart... |
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So let's see... 1. Stimulus checks over. 2. Unemployment payments ending. 3. Housing moratoriums ending, evictions starting. Thus consumer spending and GDP falling like a brick. And now, liquidity crises around property developers in China suddenly appear out of nowhere. Coincidence? I think not. The Fed & Treasury took away the punch bowl too soon. If the stock market tanks significantly, then just watch as U.S. Congress not only raises the debt ceiling, but they'll vote for and pass another multi-trillion $$$ "stimulus plan" so fast that it'll make your head spin. Gotta avert that crisis. All by design.   And the sheeple will applaud. |
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Reaching 80-90% will most likely stop the spread completely.
Israel would like to have a word with you. % of population fully vaccinated 61.6% Your point? 61.6% isn't 80+%. Actually it's more like 76% above the age of 12. But you think hitting 80+% vaccinated in Israel is going to suddenly cause the newly reported cases drop to zero? Or to some insignificantly small number of cases? I'm sure that you do. But I guess as long as they remain below 80+%, you can keep moving those goalposts indefinitely, huh? |
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Reaching 80-90% will most likely stop the spread completely.
Israel would like to have a word with you. |
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"Trust the science", they say?
Well "the science" shows that a vaxxed and an unvaxxed person can carry and spread the CV19 virus equally just as well. And a vaxxed person can still contract the virus at a later point. In fact, there is a very good chance that a vaxxed person would likely contract the virus from another vaxxed "asymptomatic carrier" around them, who is more likely to break social distancing rules because of a false sense of trust and supposed minimal symptoms.
So if they feel protected, I'm still left wondering why the vaxxed care so fkn much about what the unvaxxed do again?
I've even seen a vaccinated person who claims to understand "the science" take a step back from someone who said "I had Covid, but I'm fine now because I have natural immunity!" Talk about fkn delusional behavior.
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Sup frens.
Just tested negative for COVID-19, so I'm out of the woods, and Rick and I both have a robust natural immunity now.
Was about what we expected, although I have not ever experienced an illness coming on "so hard and sudden" like COVID-19 did. Started feeling bad in the late morning, and by late afternoon it felt like I was figuratively smeared by a freight train. Started a slow steady recovery by day 4, and by day 10 I was feeling 95%. Day 13 today, and I'm practically at 100% again.
Heading out to the ranch this week to start checking out progress. Fun times ahead.
Have a great weekend, and don't forget to sun your taints!
Congrats on miraculously surviving! /s I would say "Prepare to be forced to get the vaccine anyway, because the govt mandates that you do regardless of natural immunity", but you're retired and living in TX. So you will probably dodge that bullet. |
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But you should have $1000-$2000 on your phone if you have a lot of $$ and they find zip on your phone it looks shady . They may go $5 wrench to unlock your phone and you do not have a dime on it.
My father-in-law owned a bar he went home with 3 bank rolls.
He would use 1 for the nervous thief
He would use 2 for the calm thief
and he had the third ready for the really smart thief
He never needed the 2nd or 3rd bank roll.
I understand the principle, but I personally don't have anything on my phone except pictures and emails, perhaps my online bank accounts (which still need a password), but no bitcoin or other crypto. That's not so strange I think. I mean, if you get mugged and you have maybe $200 in cash on you, they will take your money and they may take the phone (which they will just sell anyway) but they're not going to bother finding out what is on that phone. Exactly. The best thing is to not even signal that you own any bitcoin: 1. Don't store bitcoin in a wallet on your phone. 2. Don't have bitcoin screen savers on your phone/laptop/desktop. 3. Don't wear bitcoin related t-shirts, socks, ball caps, etc. 4. Don't have bitcoin coffee mugs, posters, framed art, etc. strewn about your house. 5. Don't incessantly talk about bitcoin with strangers. 6. And for gods sake, do NOT run about with a license plate that says BITCOIN, BTCLOVE, CRYPTOZ, etc. They won't want or try to steal what they don't think you own. |
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I would not use SMS that way, personally, because, that's exactly how hackers sim swap to get into your account. If I have google auth, or the secret, I keep that stored separately. Then I can always use that to generate the new time based one time code that changes every 30 seconds.
I actually don't use a phone or mobile device for my google auth codes, I use a separate computer. I'm compromising in other forms of security but generally it's still better than what most people use or do.
Don't break your phone, or make sure you have the secret so you can easily use it on any other phone or device.
Precisely. I actually do use a dedicated tablet for that separate from my phone and other computers. It stays turned off and stored in a secured/locked, non-disclosed location when not needed, and I only turn on wifi for about 1 minute only to re-sync the google auth codes when needed every few months when I use it, and then turn wifi right back off again. The secret is stored offline and secured. I do all crypto related activity on a desktop only (with a hardware wallet), not on a phone. Actually never on a phone. It boggles my mind that most crypto people I read about do everything, including crypto wallet storage and also authentication to their crypto accounts, all on one single device: their phone. Are they fkn stupid? It's almost like they want to get phished/hacked/scammed out of their crypto. I will say one thing though: we will never achieve mass adoption of Bitcoin until storing and using crypto is as easy as having and using a bank account online. The masses will never jump through all these technological hoops in order to adopt bitcoin. They are too afraid of fucking something up and getting hacked. |
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^ I actually catch myself more often thinking what china actually wants to achieve, lately. Seems they are blindly trying to fix (economic) holes, not aware of the medium- and long-term consequences. Short: "How to fail". EDIT: See, see... Bitcoin knocking at the € 41.000 door again. Shouldn't take long until "the market" will open it EDIT2: Of course, China may get a grip on their economy if they radically change it. They held the most powerful tool in their hands already, then they banned it, because they were too dumb to efficiently use their energy resources to get a significant share. But when you look at their totalitarian leaders, it was best this way for the rest of the world. The Chinese govt worked very hard over the last ten years to stoke FOMO in their middle class and turn them from primarily savers into primarily consumers. They did this by issuing massive amounts of debt and building out consumer-driven infrastructure, i.e. "build it and they will come" with shopping centers, restaurants, hotels, high rises, venues, gambling, etc. Some of it worked: the Chinese middle class has more money now, and they like to flex by shopping shopping shopping. Esp high end brands (think Nike, Calvin Klein, Prada, D&G, etc.). The middle class also increased their personal debt from 0 to something like $6K per household. But much of it didn't work: the Chinese middle class still has little desire for buying houses (i.e., mortgages), cars (loans), expensive vacations, high end watches and jewelry, and all the little China-made crap consumer goods, etc. compared to Western countries consumption of those same things. Also, the average middle class Chinese family still has more savings than the equivalent Western family. The biggest failure was not stoking enough internal consumerism to levels that match Western counterparts. As the rest of the world economies deflate, they desperately need their internal velocity of money to increase exponentially to compensate. So far, a big failure. |
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The sheeple still don't realize what is happening. The world economies are continuing to deflate. In a long term melt-up, the stonk markets will continue to be bought up on every dip with absolutely regularity every month via free money from the Fed. The market noise between Jan and Dec of every year will be irrelevant, the stonk market will end the year at least 8-12% higher than the year before it. And the year after that, and the year after that. There will be no down years for the stonk market. Why? Because it has to go up, in order to offset massive yearly inflation. This is how the wealthy elite protect their wealth. And the middle class and poor, because they don't invest, continue to lose wealth (i.e. purchasing power) at an alarming rate. Just look at this pattern:  Once you take the red pill and realize what is happening, you also realize that high value deflationary assets are your only savior. Bitcoin will outrun them all. #BUYBTC As a follow up to this, I'll leave an absolutely fantastic interview of Luke Gromen on George Gammon's channel that discuss much of what is happening in the world economies and markets in mind-boggling detail. https://www.youtube.com/watch?v=2JpYiBFGLDQSome jaw dropping statements during that interview. These stand out: "Inflation [and also sovereign debt] is a now matter of national security." *shudders* "The wealth effect has become such a driver of consumer spending and tax receipts, that the Fed cannot allow the stock market to fall too much, and/or for too long." *double shudder* |
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