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Taking August to re-read the Bitcoin Standard again just to be sure I remember that I am here for the long term. In case you haven't read it, do yourself a favor and read it.
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Have you seen the BS that crypto.com is getting rid of the MCO coin? https://twitter.com/cryptocom/status/1290174946732175362What sort of bs is that to just eradicate a coin out of nowhere. The only reason I signed up to crypto.com was to get the visa card so I could rack up some MCO because I saw the potential in it with it's fairly limited supply and the demand was there because you needed to buy it to get the cards so I could see the potential in it as crypto.com grew and people signed up for the card and their various rewards. Now they're forcing us to swap it for a coin that has billions in supply and is never going to be worth as much as MCO could have been. Has this ever been done before? I guess this is the problem with centralized coins as they can just do whatever they want with them. I wonder if they'll be lawsuits over this as they're essentially just deleting an entire currency on their own whim. That was bad to say the least.  |
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Is there data on altcoins held on exchanges? Demand on bitcoin will certainly be not forever. I reckon many investors might begin to speculate that bitcoin has become overvalued and invest on the most popular altcoins.
2020 is the year of the Defi hype hehehe.
Very laughable comment. Bitcoin overvalued? Please go read the Bitcoin Standard and come back when you fully understand the bitcoin mechanics which you probably forgot.  |
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That's what I am talking about. Forget charts, we must prepare for the rocket launch. I know all of you have been waiting for so long.  Personally, I have never been so enthusiastic about bitcoin reaching space like of these days! As Jimbo says, go bitcoin go! And you better prepare for it. |
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Bitcointalk Name: Karartma1 Current Post Count: 4093 Amount of Merit EARNED in the last 120 Days: 27 (102 total earned) BTC Address: 3KZEYTa6rbJwRGkhRgQtPhBsTktyNjnaJg |
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Too many charts here  I know we should look at the wall but I believe that time has passed. We need more trains, rockets and spartans. Forget charts. |
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This could mean a lot of things but mostly that Bitcoin owners or traders are now pulling out their Bitcoins for safekeeping. Which could mean that they are not anymore interested to play with the charts with those withdrawn Bitcoins. Which could further mean that they are on to some long-term plans with those BTCs rather than on making short term gains. I am now positively looking forward to Bitcoin's price seeking higher levels within the year.
When people will truly realize what does it mean that BTC has a true fixed supply and that new bitcoins can not be created at will then you will see far less btc held into exchanges. |
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As July comes to a close, the amount of Bitcoin (BTC) held by major cryptocurrency exchanges has reached its lowest level since late May 2019. At that time, Bitcoin’s price was around $8,000 before continuing toward its 2019 high of $12,967 on July 11, 2019. Roughly 10% of Bitcoin held by exchanges The Bitcoin balance held by major exchanges has been dropping significantly since mid-March 2020 following the Black Thursday crash on March 12 and subsequent recovery. Read more https://cointelegraph.com/news/bitcoin-held-by-exchanges-drops-to-2019-bull-run-levels-demand-rising |
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I wonder how they will "manage risks" when all our day-to-day transactions will be settled on the Lightning Network and on every layer-2 network we have. Bitcoin is on its march to destroy the financial world as we know it. Stack sats |
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I personally use Nexo since 6 months. I put a few 0.coins in there to try it out: it's less than 2% of my holdings. I find it a way to stack sats.
Of course I know that they hold and control my funds and I have accepted that.
So my only advice is don't put all your eggs in one basket. If you go all-in on Nexo or any other centralized entity then you know you are basically giving away your funds to a third-party.
Do accurate research on every service you intend to use.
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If you thought holding was hard over the past few years, just wait until the #Bitcoin price is ascending relentlessly, instigating you to sell down your stack. *Develop a strategy now and do not deviate* Strong-handedness is more critical in bull markets than bear markets. https://twitter.com/breedlove22/status/1288682370090950657?s=21Wisdom. During bear markets we tend to accumulate as much as we possibly can but, as you said, during bull markets we could capitulate due to too much excitement. Having a strategy allows us to be more confident all the way up. Again, Dude, this is wisdom! |
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Be a #strongcat again! |
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Thanks for these insights. I will handle Samourai with care.
And ask them when they will provide reproducible builds. But be warned: They won't handle critics with care Yep, you are right on this one giszmo. We are the sort of Don't trust verify people and the Sammy guys seem to avoid such topics as you said. |
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I am no market guy, I really don't get it. Only thing to do here is keeping a #stronghands attitude #stronghands attitude always pays off. Good day fellow WObservers. |
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Not to mention that now everybody is talking about the upcoming alt season as all those useless coins and tokens are going up against btc. If tiktokers can pump doge what could they possibly do by focusing on btc? I am no market guy, I really don't get it. Only thing to do here is keeping a #stronghands attitude |
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I don't know if this is fake news but what a coincidence... Ghislaine Maxwell has tested positive for COVID-19 in New Hampshire jail, DOJ reports.An official report from the United States Department of Justice indicates that socialite and alleged Jeffrey Epstein co-conspirator Ghislaine Maxwell has tested positive for novel coronavirus (COVID-19) in New Hampshire while awaiting extradition to New York.
“Once she was in custody and began to relax, officials noticed that she was displaying symptoms related to coronavirus including watery eyes, cough, and mucus. She stood to be tested regardless of symptoms while in custody, but her symptoms and the profile of this particular case caused local officials to speed up the testing practice,” a release from the US Department of Justice stated.
“It looks really bad,” one New Hampshire official told The Brown Valley Observer. “Her symptoms seem advanced at this point and ultimately she will probably end up requiring a ventilator, more likely sooner than later.” This is going to end bad. It truly shows the huge fight between those perverts in power and the ones who fed up with this utter shit. Because that's what it is. |
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Samourai Wallet is pretty damn good for a bitcoiner who needs some nice add-ons.
I can connect my node to it, I can mix my coins easily with Whirlpool and I like PayNyms too.
Give it a try.
If I had to bet which of the wallets in the second category will pull an exit scam, my bet would be on Samourai. - The wallet on Google Play has little to do with their open source
- They hide in secrecy about who is behind the wallet
- They invite people to put as much money into the mixer at the same time as possible
There would be no recourse for an exit scam if they are really as private as they pretend to be. Of course there is Keonne Rodriguez who keeps defending Samourai but maybe he sold it to some anonymous entity. Who knows? Thanks for these insights. I will handle Samourai with care. |
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I suggest to look into Samourai Wallet for a good balance between security and privacy and for everyday spending with an incredibly easy-to-use Lightning network wallet I would go for Muun.
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We need only $790 ish pump everyday for next 30 days, so easy peasy... 2016 (Halving): $660 2016 (EOY): $1000 2017 (Q4): ATH 2020 (Halving): $8500 2020 (EOY): $13,000 <-- Predicted 2021 (Q4): $30,000 <-- Predicted I find the above SOMA predictions quite conservative. Bear  Teddy  |
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