I know that no one wants to hear this, but with such a weak push upward on low volume, I'm thinking it might retest $57K again before making new highs.
But whaddu I know.
|
|
|
Hang on now. Since Lauda left, can we be sure there is a woman on this forum?
Are you sure I'm not a woman? Are you sure I'm not black? Want to find out? EDIT: Uhoh. Buy order @ $58.5k just got filled... Next order @ $58k EDIT2: Oshit. Filled @ $58k. Next order @ $57.5k Actually I have always suspected that. If you own a shitload of BTC and want to remain anonymous and keep high level of opsec you could pretend to be someone least similar to yourself, like a person of opposite sex, race, another age, nationality etc... so using this method we can easily find out Bawb is in fact a white woman, probably heterosexual, living in China or Russia? OMG! What about BitChick? She seemed fairly legit, Bit.Husband was less on board. She burned some BTC on missionary stuff, haven't seen her since. She still posts on Twitter Reddit regularly. She said something the other day about her thinking bitcoin to $300k and hubby thinking 150k. She never pretended to be a power-topping, gay, black cowboy though did she? edit: All those social media platforms are the same to me. I think that the occasional women accounts that wander into the WO thread from time to time, get turned off by all the NSFW and silly bro/misogynist shit that gets posted here on the regular. As well as all the tech/politics/religion arguments *cough* debates. Which is why any account that hangs out here over a long-ish period of time that claims to be a "female" is full of shit (news flash: they never were a woman, they were lying the whole time)
|
|
|
I just dumped all my bitcoin for THETA.
Feels like I'm getting on the ground floor of something huge! My timing is perfect!
|
|
|
Along the lines of the NFTs, my dad registered a star for the family about 20 years ago. Guess how many billions of dollars that's worth now.
The problem with the stars is that they are currently unreachable. Interestingly, such star purchase is described in the "Death end"-the 3rd book of the Liu Cixin trilogy. The auction (in the future) was 'official', but value lelatively low because it was just a star. Then, after it turned out....read the book I'm pretty sure the star registry ensures that if humans ever travel to that solar system that my family has full ownership of any light coming from that sun and everyone will need to pay us for access. Sorry Elwar, you weren't quick enough. I just sold an NFT to your family star about 5 minutes ago. The new owner owns it now, not you. Also just sold an NFT for a Chinese satellite. Fuck you, China!
|
|
|
Not sure what the confusion is with. There should be a description of what NFT entitles you to, like with ANY contract.
Not sure what your confusion is with. Unless NFT are written into ownership/copyright law and it is thereby enforceable by law, then they are completely useless. Doesn't matter what an NFT supposedly entitles you too...the supposed contract is worthless and unenforceable.
|
|
|
So what's stopping me from taking a digital photo of a wall painting I own, and sell it as NFT art? Nothing. Under current ownership law, the purchaser of my NFT digital "painting" would receive nothing of value, and I would still retain ownership rights to my physical painting. I could create as many digital copies online as I want, keep selling them over and over again, and not lose ownership of the original painting. If it ever went to court, I could just claim that someone took the digital photo of the painting without my permission. That's precisely why NFT is a scam. "The Emperor has no clothes!"
|
|
|
[...] By the way, I did listen to that podcast between Laura Shin and Saylor in the end of January when it came out ( here's a link if peeps want to listen to the whole 1 hour and a half thingie), and sure Saylor did end up lecturing Laura a bit in regards to some of her seemingly trader rather than HODLer thinking.. so there were some seemingly hostile times during that interview, and maybe it did kind of show that Laura might have been under-appreciating the power and importance of bitcoin through her ongoing attempts at journalistic objectivism. [...] I hadn't listened or watched that interview, thanks for that link. Here's the YouTube video: Why Bitcoin Now: Michael Saylor on the Best Way for Companies to Buy Bitcoin - Ep.209I found Saylor was his usual entertaining self, trying to simplify the various concepts, and making them more digestible for Laura and the Bitcoin newbies in the audience—which is a good thing, and Saylor is pretty good at it. I think he was a bit repetitive at times, reiterating the "thermodynamically sound monetary network" line, and the points about electricity, running water and Venezuela. He did come out as trying to persuade her to a degree. "And, by the way...this", "and, by the way...that"... Laura came out as the happy Bitcoin semi-noob, with a pinch of evilness, when she kept mentioning about "Bitcoin reaching a bubble/peak", "when to sell", and overly laughing at times. She has a pleasant personality, I like her. I didn't get the impression that she has a deeper anti-Bitcoin agenda or anything like that, but rather, that she has the typical reservations and skepticism that anyone trained in the traditional monetary system would have. To her, the crypto space is just a new, hot thing that will increase her exposure and audience, will add more Twitter followers and viewers/listeners to her interviews and podcasts, but I don't think she really fully grasps the gravity and importance of Bitcoin and how it will transform the monetary system in the near future. It's always great to listen and watch Saylor educating the masses about Bitcoin. In retrospect, a careful listener could have even guessed Tesla's $1.5 billion Bitcoin investment announcement that came about 10 days later. I believe this interview will forever haunt Laura Shin, when the time comes when she will see in awe and disbelief that Bitcoin has exceeded $10 trillion market cap, and Apple, Google and most of the big players have bought in. Wait a sec...that woman calls herself a "Crypto Journalist" and yet doesn't own any Bitcoin??? ?? No skin in the game == Ambivalence == Nocoiner == Crypto Journalist Fraud
|
|
|
The mainstream media FUD never ends. Love how this article sounds positive at first, until the very last paragraph:
If You Invested $1,000 In Bitcoin One Year Ago, Here's How Much You'd Have Nowhttps://www.yahoo.com/finance/news/invested-1-000-bitcoin-one-141008853.htmlGiven the exponential rise in Bitcoin prices in the past year coupled with the loss of stimulus payment support in the coming months, some investors are understandably growing concerned about a potential repeat of the 2018 sell-off. Bitcoin has experienced three boom-to-bust drawdowns of more than 80% in the past decade, and a similar sell-off in 2021 could send its price tumbling back down to around the $12,000 level.
|
|
|
ha, when you drive off the lot almost ANY car would depreciate 9-11% instantly, it's a fact, so harping about btc volatility is a non-starter. What if btc declines 10%? lol In addition, people like this always forget about the REPLACEMENT trade, which is available. It's going to be fucking hilarious to watch what Tesla does during the next Bitcoin blow off top. Watch as the 'buy with bitcoin' page magically disappears as their website gets bombarded with buy orders.
|
|
|
I just listened to the Robert Kiyosaki interview with Saifedean Ammous. It is one of the weirdest things I have ever heard. But good. Kiyosaki rips Saif to shreds for his absolutelist tendencies which was satisfying, but he also sort of also reinforces the bonehead boomer stereotype. (As a GenX person I get to laugh at just about every generation that matters (since our basically does not)). https://www.richdad.com/podcasts/saifedean-ammousI just listened to it, for someone who wrote a book, can't even answer a simple question... RK: I've started my own Gold Mine, "Why can't I start my own Bitcoin"Robert knows a lot about Bitcoin, but is playing dumb just to gauge the response of Saif... I've listened to a lot of Robert Kiyosaki's podcasts where the subject of Bitcoin comes up. Robert asks that same question every single time. I think long ago when he first started asking that question, people would try to answer it by saying, "Well you absolutely can! But...many have already with forks, and..." and he would then just tune them out on their unsatisfactory (to him) answer. So now people don't even try to answer it anymore. So then he goes around still saying "No one every seems to give me a satisfactory answer to the question: 'Why can't I just create my own Bitcoin?' " They have, Robert. You're either just not listening, or you don't care for the answer you are receiving. "It's not about how many Bitcoin networks are created. It's about which one of them is believed in and supported the most."
|
|
|
I realized right away that nothing good would come of it: either they would spend the early years laughing at you because they think it's a scam, or spend later years pissed at you that you became rich (on a scam asset in their minds) and won't share the wealth with them.
Those are the only two options? Do you only know shitty people? Yep...with the exception of the WO gentlemen, that's all the world is full of now. All joking aside though, even if they didn't do those two things above, the more likely outcome is complete ambivalence toward Bitcoin. Acting like the only people who invest in btc are just weirdo nerds. From the stories I've seen here and elsewhere on the net, looks like hiding my ownership of btc was the right call after all. I get to have all of the financial upsides, and none of the social downsides. I don't need bragging rights to feel wealthy, people can see by the things that I own that I'm well off. They don't need the details of exactly how I did it. I also don't need a target on my back.
|
|
|
Unfortunately, some people who know I have bitcoin seem not to care for my opsec and will happily discuss the fact that I hold btc with anyone they feel like. Which is annoying, since I don't go around talking about anyone else's finances. So I am wondering how to address this issue. It didn't seem to matter many years ago that I had told a few of my friends about my btc holdings but now, at these prices, it's something I wish I hadn't done.
Anyone else in the same boat?
Pretty much everyone... Yeah, I was discussing this with my gf the other day. She has family members that have told loads of other family members. It’s really irritating, I don’t want to be having to face questions like - ‘So how many bitcoin do you have’ ‘What are they all worth’ ‘When will you sell’ Mind your own damn business. I don’t ask to see your wages or bank statements, assholes. This is why I made the decision from my very first purchase, to never tell any friends, family members, or colleagues that I own bitcoin. I realized right away that nothing good would come of it: either they would spend the early years laughing at you because they think it's a scam, or spend later years pissed at you that you became rich (on a scam asset in their minds) and won't share the wealth with them. Either way, you won't be admired for your brilliant investment, like you deserve to be.
|
|
|
We barely entered the fun zone... real fun begins when market cap of gold will be smashed. It sunk in that Apple made 1/86th of the world's money by selling overpriced crap. We're a very special species, aren't we? It also should sink in that Microsoft essentially makes all it's money putting a new version # on a piece of software that it perfected 2 decades ago, and all the world's corporations and users are forced to upgrade to it no matter what. You "pay" to continue using the same shit you already paid for many times over. Yep, very special species indeed.
|
|
|
Why are some Bitcoiners getting bent out of shape about this? Just because NFTs run on generalized smart-contract chains, 0 which Bitcoin is not? To put it simply: in the crypto community, there seems to be this prevalent attitude that anything and everything crypto-born is absolutely fucking awesome and will change the world. Well guess what, there was something absolutely fucking awesome created, one thing, and that was Bitcoin. It actually solved a problem with money that absolutely needed solving. And it will change the world. Everything else is either a solution looking for a problem that doesn't exist, or isn't really a problem. 99.99% are just complete, straight up shitcoin scams. NFTs are just the latest iteration of crypto scam-straction. They solve nothing that actually is a problem or needs fixing. They will eventually be relegated to the dustbin of history, along with shitcoins, ICOs, etc.
|
|
|
With one exception: “The scarcity is artificial. Anyone can make perfect copies of it.”
The scarcity of ownership is artificial, but it's as real as physical scarcity. There can only be one owner. So this point is moot/baseless too, BUT my objection pertains to those goods where ownership is not needed to be able to enjoy the good. As in, picture files, digital music or similar items. The issue here is enforcing DRM based on NFTs. This could be a thing, right, but then apart from the technical details, the creator, too, should be prevented from making additional copies ("reprints") of the creation. So you release, say, a tune as a NFT, and as a consequence no radio can legally broadcast it? Or can they? You sure shouldn't be allowed to release more "declassified" copies, or you are "inflating" the supply. Or I can use the song even if I don't "own" my copy's NFT? So you decide once and for all how many copies you are releasing? Shaky technical terrain. Shakier legal terrain. IANAL. Some legislation will be needed. No, not the SEC, that's right.
Copyright laws and ownership laws already cover this. NFTs are not only unnecessary (and redundant), but not recognized by law. They bring nothing necessary that is missing to the table. And introduce new problems that don't exist. Another solution looking for a problem that either doesn't exist, or is not really a problem. (I'm gonna go out on a limb and just say it: young people are naive and stupid for believing in this NFT shitscam.)
|
|
|
TIR: The Federal Reserve buys up more public and private debt in ~14 months (@ $120B/month rate), than the entire market cap of Bitcoin built up over 10 years.
Mind blown.
How much more Fed debt will they own over the next 10 years?
|
|
|
Looks more like an account got hacked. Not the NFT's. It's more about the fact that the artist doesn't have the right to their art anymore. "Not your keys, not your digital tulip art scam"
|
|
|
|