Hey guys, my friends and I were down 90% of our crypto portfolio. We bought at the highs and we bought shitcoins. Now we are still down significantly and i just want to ask if you guys have strategy to recover from this? Cheers!
Buy Land, FARM LAND, Population only going up, land only going down. You win in the long! even if the economy fucks up you still got your land https://www.scmp.com/property/hong-kong-china/article/2151682/buyer-world-record-us760000-parking-space-boss-hong-kongThe house I am living in is worth $1.5 million (it is actually a pretty small house) 50 years ago it was $10,000 I do not own this house. |
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God help this obsession to find this person/group.
I honestly don't know what is to be gained by identifying him/her. It's not worth the potential *negative* media coverage. Remember, if this person/group is found, they are going to be scrutinized w/ a fine tooth comb by the media for anything that may be misconstrued as negative.
Just let it be.
There is a few things to be gained 1. We know bitcoin is not a inside job done by the FED or IMF 2. We know Satoshi is still alive a lot of people are worried such as myself about that persons well being We don`t really need a face or address we just want to know if they are still alive. I have a feeling Satoshi worked for the IMF and went rogue. Heck I would of done the same when I realized what I had, Those bankers could eat my ass. 3. We could award Satoshi the noble nobel peace prize |
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Seems to me Bitcoin can and will evolve as need arrises, so the idea of btc2.0 is kinda moot..
Just another greedy pin-head fantasy for the likes of Roger Ver, Jihan Wu, Craig Wright.
Everyone is creating their own alt coins and claiming it to be bitcoin and making a ton of money from it, even if Satoshi comes out and create something, it will be another alt coin and since all the spin offs from bitcoin is having a huge market valuation, bitcoin 2.0 will also have a huge market cap and there is no doubt about it but nothing can replace bitcoin. I don't even think santoshi will ever want to go outside the original plans of bitcoin and how it able to survive this far and also high high value, we can all see what those that came out with all manner of altcoin calling them new version of bitcoin what is happening to them in the market and how their are unable to meet up with bitcoin in terms of market price. I don`t think Satoshi gives a fuck about the price. I assume they are like me and see 1 btc as 1 btc and gave up on fiat a long time ago. |
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I have mixed views on this because most currencies stay stable with some sort of inflation. Quite frankly you shouldn't be inflating by 2% per month as thst a huge market but I don't think anyone would be against an increase for this to be accepted as a currency.
The alternative view is that this is what altcoins are for and most of the people won't see the last block with the initial rewards being taken up but at a point where we're at a low number of bitcoins per block it may come in handy to increase inflation slightly although if it becomes unprofitable to mine it'll be the node owners doing the mining which wouldn't be a bad thing (each node miner with a few chips to mine with like the gekkos side hack makes - id be into that).
Watch this video, this is what happens with limited supplies (4 mins in if you can`t wait I show a simulation of gold/bitcoin in the future) https://www.youtube.com/watch?v=Y7TLFyK_3PkDo we start a 100m dash race because we showed up early? or do we all start the race at a set time? Why do younger generations not even get a chance to mine? The are forced to be the slaves. |
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Considering how many Bitcoin believers (maximalists) there are, with their specific beliefs of how cryptocurrency should behave, it's becoming more evident that Bitcoin is a religion. After all, this popular movement of decentralized finance has impacted our lives one way or the other. The world has its eyes on the direction of Bitcoin as a digital currency which determines the path forward of Blockchain technology. According to Google, the term "Religion" means the belief in and worship of a superhuman controlling power, especially a personal God or gods. This becomes true especially when many Bitcoin followers believe that Satoshi is some sort of "god". Hence, if Satoshi would reveal himself to the public, many people will follow him. Nonetheless, what are your thoughts about this?  Just because someone is a celebrity does it make them a religion? Religion no, Blockchain replacing Governments yes. edit* YES WE OUR A RELIGION NOW |
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John oliver featured a Bitcoin rap song on his 'Last week with John Oliver" segment on cryptocurrencies. https://www.youtube.com/watch?v=g6iDZspbRMgGuess the song? #Hodlgang lol yup - a ripoff of #guccigang - both are stupid imo. link the song i will add it to the list at the top |
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you mean over 9 million, view bots. This kid got banned from twitch for viewbotting and viewbots on youtube now |
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I mean do we need the blockchain anyways?
In almost all cases: no. There's one known applicable use case for a blockchain so far, and that's payment systems. I mean I can see it being used in voting, patents, security cameras, obituaries, digital passports and a few other things. |
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That can be the shortest but not decent enough. The best way is always by giving them a simple and attractive video explanation like this video https://www.youtube.com/watch?v=WiRFuHXHBhkVideo is always worked in every field, every market. Actually we dont want them to just know what is the name of this thing, they will just forget it. Indeed. It is better to describe the blockchain definition to someone with a video. We live in a society that we don't have much time reading and seeing videos and pictures are the best way to spread knowledge. It helped me a lot when I was trying to learn things about the blockchain, to see videos especially those of Antonopoulos'. yes those helped me to, but let`s say I can`t show them a video or pictures, Like I got 10 seconds to tell someone what a blockchain is, what do I say? |
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I guess saying "a peer to peer network serialization of linearly dependent data sets". I mean I understand this but it Won`t really work with caveman brains lol.
How can I reword this to the common kid playing fortnite terms? hmmmmmmmmm....................
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It is a digital form of Double Entry Bookkeeping, deposits and withdraws with remaining balance on paper.
Luca Pacioli created it in 1494 and Satoshi Nakamoto digitized it on Jan 3rd 2009
That is just plain wrong. Bitcoin is not a "digitized form of double bookkeeping*". Double bookkeeping is by its very definition a centralized process ( someone keeps the book, the double doesn't refer to that someone being e.g. two people). Also, in Bitcoin, there is actually no "double" bookkeeping taking place. "Double" bookkeeping refers mainly to the tallying up of accounts, which is something that does not happen in Bitcoin. * weird, never noticed before that there's an English word with "ookkee" in it  okay I mean, ookkee Hey you seem to know your stuff what would you say? keep in mind I am talking about blockchain not bitcoin. I mean do we need the blockchain anyways? What are your thoughts? I think we do need it and it is the most important part about bitcoin |
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i am not a fan of short explanations because they only create more and more questions the shorter they get. a good definition is the one mentioned above with terms such as immutable and decentralized in it but that only creates more questions as what it means to be immutable and how.
also a big distinction that i feel like OP messed up in first line is that blockchain does not contain balances. it only contains transactions that occurred and you have to calculate your balance based on that history.
so it contains balances is what your are saying  well it is not a "balance" per se. for example when you have a bank account, a PayPal account, Visa,... there is a database which is like this: { username: Herbert2020, Balance: $1000}
{ username: TimeBits, Balance: $2000}
so to know how much money someone has you just have to look up the username. with bitcoin (the blockchain technology) that "database" looks like this: block_height: 1 { transactions...}
block_height: 2 { transactions...}
and if we say "username" is 1BitcoinAddressThatIUsedTOReceive then i have to loop through all blocks from height 1 to last one and check every single transaction to see which one has paid to my address and which one spent those payments to come up with the final "balance". so it contains balances is what your are saying  everytime you do some basic maths at the end of a transaction. which "bitcoin" does for you. |
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i am not a fan of short explanations because they only create more and more questions the shorter they get. a good definition is the one mentioned above with terms such as immutable and decentralized in it but that only creates more questions as what it means to be immutable and how.
also a big distinction that i feel like OP messed up in first line is that blockchain does not contain balances. it only contains transactions that occurred and you have to calculate your balance based on that history.
so it contains balances is what your are saying I edited a bit, does that work for you? I do understand what you are saying. I mean I am not a fan of short form either, But I don`t want to have a hour discussion with 1 person I want to have a 360 discussions in 1 hour. |
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Blockchain is entirely a new concept and people find it difficult to understand and also it is quite hard to explain as it doesn't have anything physical. The briefing needs to be done explaining a virtual number and how it got into existence. To avoid this complications there were lot of youtube contents available which make the blockchain concept understand with ease. HOW BLOCKCHAIN WORKSAccording to a study by Microsoft, the average human being now has an attention span of eight seconds. This is a sharp decrease from the average attention span of 12 seconds in the year 2000 https://www.cision.com/us/2018/01/declining-attention-killing-content-marketing-strategy/I don`t know if that is legit or not what they said, I don`t have Microsoft`s link. that video is 5minutes long, I want something I can say to someone when we stop at a red light at the same time. |
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I have two workers for me, 1 duration token = 1 hour (collected via universal basic income)
1 hour = 10$ (if you feel the need to convert into fiat or the country's base wage)
One worker I pay 10$ because they are new or 1 token an hour
One worker I pay 20$ because they are experienced or 2 tokens an hour
in one hour the first worker earns 1 token
in one hour the second worked earns 2 tokens
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I have two workers for me, 1 duration token = 1 hour (collected via universal basic income through duration mining)
1 hour = 10$ or 1 time token (if you feel the need to convert into fiat or the country's base wage)
One worker I pay 10$ because they are new or 1 token an hour
One worker I pay 20$ because they are experienced or 2 tokens an hour
in one hour the first worker earns 1 token
in one hour the second worked earns 2 tokens
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No, I think you should explain to someone who doesn't know anything about the blockchain, which is easier to understand.
Blockchain is a method to maintain a ledger between all users, instead of relying on others.
Most people don`t know what a public ledger is, they know what withdraw and deposits is and remaining balance, they are used to these terms when going to their local banks, but if they do understand a public ledger I guess it works. |
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BITCOIN AND TETHER BITCOIN IS VERY EXPESIVE BEHINF TETHER TETHER NOT WITH BITCOIN IN PRICE BUT WE WAITE SOMTHING GOOD TO SHOW you sir are a genius, nikola tesla is that you? https://www.youtube.com/watch?v=LLpIMRowndg |
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