If you read the Old Testament you'll see that God instructed the jews to battle the various towns in their path and to leave nobody alive.

Early strategy that may translate to continuing today.

If all of this nonsense scares away the climate change commies then I'm all for as many dips necessary to get them all back into their precious fiat.

They can all stay poor.

Bitcoin always goes parabolic before the bear run. We have not seen that. Wake me up when we're over $200k.

The fact that the government is coming out with this information makes me completely distrust it.

Especially after a year of "2 weeks to flatten the curve".

I know this will come with anal probes if the populace falls for it.


Edit:
After watching the video all I can think is...those former military people signed an NDA that restricts them from talking about anything they did while working for the military for the rest of their lives (at least that guy in military intelligence). Just because something became declassified does not make it something they can now talk about.
So if they are talking about it and not getting a knock on the door, then they're obviously sanctioned to talk about it.

I read the ELI25 for taproot and I'm still not 100% certain what it does but I'll give it a shot.

It allows for multi sig, time delayed, and a few other types of transactions to happen in many different combinations in a transaction without any new load to the transaction and no way for anyone to know the structure of the transaction.

Please, anyone correct me but an example would be:
Alice and Bob create a transaction where Alice can get the funds after 1000 blocks alone or earlier with a signature from Alice and Bob. On the blockchain when Alice claims the coins after 1000 blocks nobody knows that Bob was even involved.

That is likely oversimplified.

One of the key things that people are taking away from this is the process of implementing the upgrade. It appears that the process they chose is confirmed to work with Taproot opening up the future for such well supported upgrades.

So...Musk tweet is like the Silk Road bust of 2013?

OGs know what I'm talking about...

qft

Also keep in mind that US taxes are due tomorrow.

And a lot of people have a lot of capital gains they need to pay this year.

I'm not 100% sure but I think there's usually always a dump right before tax day during a bull run.

Him not having all of that money to hold over our heads would be better for Bitcoin in the long run. Let him gobble up Doges.

No.

We don't need that collectivist BS. It's an individual race to the top, not a group hug to the bottom.

Prediction time:

2017: Blockchain not Bitcoin
2021: Crypto not Bitcoin
2025: Central Bank Crypto not Bitcoin
2029: Corporate Network not Lightning Network
2034: Interstellar gate energy transfer not Earth Bitcoin
2038: Space Invader chips not Sol Bitcoin

Theymos posted a whole lot to get around just saying "about $250 more than Elwar said".

 

EVs, not Tesla

Just sayin.

There are cheaper alts out there that will be the next Tesla without all of the baggage.

The only takeaway I have from the Israel thing is the fact that they announced a simulated war with Hamas "within 2 days" for a month long war. Then the next day they were "attacked" and had to begin a month long war.

That doesn't concern me so much as this:
Classified US military war game set to take place as concerns about threats posed by China and Russia increase
Scheduled for this summer.


The US does war simulations all the time, I've been involved in many of them. There is really no reason to tell the media about doing so. Unless they need to explain why they're moving a bunch of heavy equipment into attack positions, like was done with Israel (but they attacked first! we were told that on the mass media programming).

As it likely is with many such ventures. There were 4 of us owners. The 3 original owners thought they had a great idea...let's bring some awesome live bands to the downtown bar scene (like Athens, GA...like 6th street in Austin, etc.). One was in the music business, the other worked for the newspaper and the other owned the restaurant right next door to the place they purchased. They fixed it up, put about $150k into it and made it very cool (turned a Goodwill into a bar).

The restaurant owner's franchise had a problem with him owning a business right next door selling drinks so he had to sell his shares. A buddy of mine and myself came in as silent owners for $25k each.

The main problem is that we just didn't have the revenue to keep the bar going. The reason for that is manyfold.
The bands we could get were bands passing from Atlanta to Columbia, SC...stopping in our little shithole town during the week as a cheap gig.
To pay for the bands we let them charge a cover at the door and keep all of the money from the door while we made money on drinks.
No other bar downtown charged a cover, so coming to the door and someone asking for $5 to come inside the bar tended to result in people just moving on to the bar a few doors down with cheaper drinks and no cover.
The bands we could get were from every style. Country one night, goth the next night, rock the next night...it made it difficult to have a core group of people that would come to the bar all the time. We had to take what we could get.
The bar was situated in such a way that the front room and the back room had a bar, the back room had the live music but if you passed by the place it looked empty even if there was a band with a lot of people watching. Nobody wants to go out and party and sit in an empty bar.
The owners couldn't spend as much time watching over the bar any more. The newspaper guy got a promotion to editor, the other guy had a baby and was home with his wife all the time.
We didn't really have a bar manager as the owners had been filling that role early on. We just had a head bartender and she was robbing us blind.
I was in Iraq, doing what I could for the bar by maintaining the website.

But ya, in the end we had a $2000 per month rent bill due, a $2,000 per month power bill (mainly for the A/C) and hardly any revenue.

We got big funds when we had big bands like Buckcherry and such but those were few and far between, they would bring in a few thousand dollars for the night but that was it. Most nights were about $20-$100.

In the end we were happy to sell the whole bar for $10,000 because we were bleeding money and likely would not have been able to afford the next rent bill.

I think a wise business practice would be to buy a business that just started about 2 years prior. The founders had an idea, they raised some funds and executed the idea, they got the high of finally having their dream business...then that's it. You have other dreams, life moves on with different things. Your dream isn't as great as you thought it would be. Everyone's ready to sell. At that point, buy them out and get it on the cheap. I believe Mitt Romney's business was based around that but at a bigger scale.


It worked out for me though, I met my first wife thanks to owning the bar (we met right before I went out to Iraq).

I owned a bar in Augusta Georgia many years ago. We had live bands and one of our most famous bands was the band Taproot.

That's all I can think about when someone mentions Taproot for Bitcoin.

I used to think the whole flat earth thing started as a joke or by trolls which then sort of took off but someone delved deep into the phenomenon and found that it is a means of coping with the ever growing complexity of things. The philosophy underlying the whole thing is the idea that you can't trust anyone else's scientific findings and you can only rely on what you, personally, can see and verify yourself. Throw in a bit (a lot) of distrust in our government and its institutions (understandably) and you have people believing that every scientific study going back decades is all made up by the very same government that is now lying to us about a pandemic.

I'd say the flat earth thing is a symptom of distrust in institutions at this point.

But we all know that the earth is a sphere. And that we are living inside of it. As Tolkein told us.

$48,520

Reason: The easiest thing for something of value to do is to stay the exact same price.

To the bitcoin n00b hodlers:

Bull runs do not end following a month of fairly stable prices.

It usually follows the price jumping 2x in a week or so.

This is likely it. With the cruise ship we mainly blamed it on not being able to get insurance (which was the last straw) but the fact that only 2 people bought a cabin played a huge role in our decision.

Everyone thinks it's a great idea, but nobody wants to put their money where their mouth is.

All of those businesses that put "Bitcoin Accepted" signs on their stores would usually say that they'd get about 1 or 2 people a month that would pay in bitcoin.

I used to go to places that accepted bitcoin for payments while traveling and usually the iPad that they used wasn't even charged or they would just simply say the bitcoin payment was "down".

As much as I wish it was a payment gateway, Bitcoin is primarily used as a replacement for gold. But at least it is getting a great payment gateway built on top of it, which takes hardly any C02 per transaction.