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2061  Other / Off-topic / Re: Fuck! I may have cancer on: January 25, 2020, 06:15:33 PM
Look at your post. And look at the timestamps. 2013!

I don't have cancer. If I went through something like that again I'd probably tell my best friend. I did tell her later. But the reason I didn't was that suicide seemed like a nice alternative and I probably thought I could just let it go and let go and just die.

I wanna lock this thread down, I just want to see if Phinnaeus Gage will post something here or maybe a link to a new thread. Maybe he won't post at all but I'll give it sometime. I hope that he'll be alright.

Nice that it wasn't something serious back in 2013 but you didn't post the results back then lol.

You should lock the thread and let Phinnaeus Gage open a new one.
2062  Other / Off-topic / Re: ♻️🌐Anonymity or OS Tails🌐♻️ on: January 25, 2020, 06:02:46 PM
Experienced geeks LOL just install Windows on USB, and everythink ok. Then Windows go in the RAM without persistence each time. Windows works also much faster then. Wink

Except you cannot let that windows touch the internet or it might get compromised in seconds, so its not remotely the same thing. Persistence is always optional, and never required. You can use an optical disc if you feel paranoid. Since running windows this way is convoluted it takes an expert to pull it out, while just putting the TailOS image to a thumbdrive can be done by anyone. TailsOS is periodically updated, which your solution isn't, just a few days ago the latest Tails version 4.2 came out, your method you only have yourself to update things, and i doubt you'll even find the time to maintain it yourself and will probably use someone Else's anyway.
2063  Other / Off-topic / Re: Jesus Christ is comming back here on: January 23, 2020, 08:22:33 PM
Besides, the Bible doesn't have any stupid shit in it, except when it is a record of the stupid shit that people do in opposing God. Bible laws are some of the best and briefest that are around.

Flooding the world and capturing two of every animal for no reason seems pretty stupid.

 Grin

You need to use your imagination. You know that most of this is Jewish oral tradition, but where does it come from?

I already can guess some things, its backed in history. The Euphrates / Tigris was an incredibly fertile valley. It is known that the first city states appeared there because....

They had recurrent floods, as in BIG floods. And it was until the different groups much later banded together to device a solution (channels?), the disasters kept coming every few years (decades?) or so. So i think during that, some farmer thought how to save his livestock, and he devised a solution  while everyone laughed at him. I guess the joke was on them...

What is "the world" for a farmer that never leaves his valley? Easy isn't?

Eventually the city states, then warred and a victor came and would be later became the Babylon empire.

Of course most things in there are distorted, it passed not only by oral memory, it also moved across translations and languages. Taking the bible literally is absurd at best. Some things like Moses laws are probably accurate. And there are several books by several authors prophets etc. Mostly Jewish. You can even spot some discrepancies with what current Jews keep from the scriptures and the Christians. Add in context, culture, and the minds of people from thousands of years ago.

More non Biblical content would be nice to have, but it takes a special type of zealot only religion types made it possible to survive time. I mean just how many times wars destroyed everything? Especially books (or scrolls). Even the last war in the area the American soldiers could just not resist humanity's ancestral addiction to just burn the library (again) where the oldest human writing was lost (only pics remain).

So as distorted as it is, there are mention of places, of people, actual rulers, and specific periods. 6000 years could actually just be the age of Judaism, since "Adam and Eve"were kicked of that valley. We know humanity did not start there, but in Africa, and earlier groups starting moving towards that direction so yes.

The Bible is filled with tiny bits of history here and there, they are sometimes hard to spot, but they are there. Very interesting when you have already studied universal history from a secular point of view.

So Jesus brought the Jewish words of love, i guess he wanted to tone down those harsh rules from Moses, so its a next step in civilization. But before Moses, things were even worse, especially the surrounding cultures would not mind human sacrifices and what not. So yes every little bit advanced civilization, even Islam but that's already at a later stage and some argue it had to come after people did not follow Jesus teachings...

But history did not stop there, its still going...
2064  Bitcoin / Mining support / Re: R4 board PCI connectors melted on: January 23, 2020, 07:37:22 PM
I have an R4 and 3 PCI connectors melted into the power ports.

Would it be worthwhile to send to Bitmain, solder myself, or look for someone in the USA to do it cheap?

If you know of any services in usa familiar I'd like to know.

I have an acquaintance that suffered the same, and he soldered himself. For Bitmain the R4 is no more, i don't know what would happen if you ship it to them, but maybe the American branch could repair it, no idea.

NotFuzzyWarm might be into something, as i have never unplugged those from my R4 for the last couple of years and its doing fine.
2065  Bitcoin / Mining software (miners) / Re: Braiins OS: open-source mining firmware [S9, T1]. New release includes AsicBoost on: January 23, 2020, 07:31:14 PM
There should be a target chip temp function where it keeps them at a certain temp.

You could propose them that. Do you mean automatically reduce the speed of the chips? Unfortunately each change needs a reset, i wonder if its possible to change it while running without cg/bos(miner) reboots?

For the time being, this firmware is best for people who want to set things manually and not depend in any logic guessing, for good or for worse.
2066  Bitcoin / Bitcoin Discussion / Re: Future of Bitcoin on: January 23, 2020, 07:23:02 PM
The thinking of new peoples who wants to invest in coins, they first of all want to know the benefits, security, alternatives and effect of invest in their lives.

Several of peoples doesn’t have enough knowledge of coins who are in already in market, some of coins are includes in this time.

There are several things that might be known for make invest for make batter future of their family:



   #Great Security

   #High risk=high benefits

   #future primary money or alternative?

   #One world currency

   #It will be legitimate tool to whole world

   #affect to democratic country’s economy?


Bitcoin is now Low risk=low benefits. The rest of the things are correct, but becoming primary or one world will depend on people's habits. And one untold property of a coin that doesn't lose value, is that moving out from the Chicago school into the Austrian school of economy. You cannot comprehend bitcoin without it, all the current economists from the Chicago school are pulling their hairs in fear of deflation, because their model breaks apart with it. In that case world economy will change for the better, but this change will be slow.

Using Bitcoin in the current system will disrupt things for some, Banks become redundant and credit shrinks, as society moves from debt into savings based economies. Simply because adopting the Austrian school ends the bubbles and their popping, will benefit humanity as a whole. It is of course also true that removing from governments and institutions the power to do and undo money will also stop tragedies such as hyperinflation from ever occurring again. The politicians will find themselves powerless as they can no longer manipulate the money on their whim, especially when things go wrong. This fact alone gives bitcoin tremendous value.

How long will the transition take, i don't know. But even if its an alternate worldwide payment option, it is worth it. Because people knowingly or not will slowly move the world economy out from the Chicago school into the Austrian school.
2067  Bitcoin / Bitcoin Discussion / Re: Bitcoin fraud victim,75, loses £11k in life savings! Secure your BTC just now! on: January 23, 2020, 07:10:53 PM
BBC reported that a 75-year-old woman is warning others of the dangers of an online scam that has cost her her life savings. She lost 11K EURO!! You can see the news from here, https://www.bbc.com/news/amp/uk-england-devon-51205126

Guys, don’t think too much to spend 100-150 USD, buy a hardware wallet right now! You are not safe in any online wallet by 100 percent! 

Indeed a hardware wallet has nothing to do with anything if you willingly send your funds to a scammer.

Actually you have to re-evaluate what the meaning of a hardware wallet is, do you think its "protection"? Think again. A hardware wallet should be used for small amounts, instead of your smartphone or pc, that's it. Long term holding should be done in a cold wallet, and a seed word phrase (which you also make with a hardware wallet) is enough.

Do not use a hardware wallet to store large amounts, that defeats its purpose. Think of it, buy and save? So instead of seed words, you have seed words, password, 2fa? whatever. This was intended for daily use small purchases, so you could just use a password instead.

A cold wallet does not need a physical device, but you always need your seed word phrase to access it in the future or just in case the thing breaks on its own. Normally you just make a wallet and destroy it afterwards in a PC. Why are you wasting a hardware wallet for that? Any piece of paper works, well and the public address if you want to keep sending funds to it.

What is easier to protect, the seed words, or the seed words + password + 2fa + whatever? If anything, the wallet allows more vectors for accessing your funds. So rather than 1, you have to be mindful of 4. Don't even think for a moment that a hardware wallet is replacement for seed words, if you do not make your seed words phrase, you are simply begging to lose your funds, if your device fail or if you lose its password whatever.

You know why people should keep their savings in a piece of paper? Because its precisely annoying to move them. The small change should go into your "hot" wallet, software or hardware only changes the security of the hot wallet, especially if you are unable to use a secure os / smartphone, it is a perfectly valid alternative. But a hardware wallet should not be used as a cold wallet, you can, but that's not unlike using a laptop unplugged stored somewhere like a bank vault or such. No, its not giving you "extra" security, unplugged is unplugged, be it a laptop, a gadget or a piece or paper.

If all you want is a password to access your words, any thumbdrive works, just encrypt a text file. But then you risk if the flash ram gets damaged to lose your funds forever. Not a smart long term plan, same issue as using a hardware wallet or laptop.
2068  Bitcoin / Bitcoin Discussion / Re: OMG !!! Disaster for BitCoin... Who Stole all of PETER SCHIFF's Bitcoins ??? on: January 23, 2020, 06:48:30 PM
where's the hard fact there?

Peter Schiff's Bitcoins wasn't stolen and he already admitted that he lost his keys to access the bitcoins. IMO, this guy is a fraud, how will you lost access easily on his BTC. He is claiming that his wallet is being corrupted and stating his password is already not valid, that's the first time I hear those kinds of excuses on losing BTC. Probably he just wants to give negative thoughts on BTC to the public or just wanted public attention.
  • Peter Schiff Lost His Bitcoin, Claims Owning Crypto Was a ‘Bad Idea’
Most of the people think PS is just an anti-Bitcoin and probably it's true.

I lost my smartphone, therefore owning a smartphone "Was a Bad Idea"... Hmm. I wonder if he was even telling the truth, maybe there are no lost funds or bitcoin wallet in the first place.

Otherwise he would have know about making the seed words phrase. For how long has this been documented? Probably since about the time paper wallets fell in disuse, that's YEARS ago.

If true, the lesson is good for whomever might have a wallet but not the seed words, remember, those seed words are everything, you can lose your password and your wallet, but never lose these words. If you wallet is too old, move the funds to a new one and generate the seed words, write them with your own hands in a piece of paper, secure this paper. You should probably have two copies, and secure them both on separate physical locations.

If you own a wallet, with any meaningful amount of coins, and still don't have the seed word phrase, do it now. Find the proper way to do it, with a secure os booting from a live iso (Tails OS is a good choice). This is the same for any wallet, hardware wallet is not excuse, with the seed words you can lose the wallet and still get access back to your money. A hardware wallet is not a good long term storage solution, but the paper with words is.
2069  Bitcoin / Bitcoin Discussion / Re: How to send Bitcoin dividends easily? on: January 23, 2020, 06:26:01 PM
Is there an easier way to send Bitcoin dividends easily without having to type (or pasting) many Bitcoin addresses in Electrum wallet? I know that it's possible to send batch transactions using the "send to many" feature, but I want to save time by selecting a large number of Bitcoin addresses and sending a fixed payment at certain periods of time. This of course, would be for the PC version of the Electrum wallet. Any advice on how to do this on mobile devices as well, would be greatly appreciated.

Do you think that it's be possible to do something like this? Thanks in advance. Smiley

I think you have to fill the Contacts tab... Oh wait, what do you know, that is actually written in the documentation (who reads stuff anyway? Smiley):

Can I do bulk payments with Electrum?

You can create a transaction with several outputs. In the GUI, type each address and amount on a line, separated by a comma.

Amounts are in the current unit set in the client. The total is shown in the GUI.

You can also import a CSV file in the “Pay to” field, by clicking on the folder icon.

That CSV file would save you a lot of time i guess. Remember you can export those from spreadsheet programs...
2070  Bitcoin / Bitcoin Discussion / Re: Increasing Number, Who Own 1 bitcoin on: January 23, 2020, 06:18:15 PM
As of Jan. 14 we already have 784,000address that owns 1 bitcoin or more. The number is already had an 11% increase from 707,000 that is recorded a year ago. In 2015 has more than doubled. Most of the address came from exchanges and big player "whales" that usually hold a big amount of bitcoin.

For me, this is great news since bitcoin is influencing a lot of users, as the number increases meaning the community is already getting bigger surely when a lot of people invested in bitcoin it could easily increases the market price of the bitcoin because of the supply and demand thing.

In my experience, it is not easy to earn 1 bitcoin so I think most of them are investors.

What is your opinion about this? How does it affect bitcoin?

Consider that people can own more than one address. Consider that is actually a very good practice, and has been recommended since the beginning to never reuse addresses, and also consider a whale might actually want to not look as such by splitting their funds (and maybe to better protect themselves).

The point is, number of addresses does not equate number of people. Whales can hide among fish by owning several addresses. Also I'm not sure about exchanges or mixers but they probably do something similar.

It is possible that the amount of people owning bitcoin has increased, but probably not in the same amount, ie. not 11%. If i had 100 bitcoin in an address, and decide to split it into 100 addresses, are there 99 more people owning 1 bitcoin? No.

Oh and those taxing rumors, that probably also stimulates people to spread their coins around, just saying...
2071  Bitcoin / Bitcoin Discussion / Re: How Bitcoin became the decade’s biggest unicorn on: January 23, 2020, 06:05:16 PM
I believe the word "unicorn" is wrongly used. Isn't it when "something" is a "unicorn", it's something that can't be attained, or is out of reach?

That is actually the case for the vast majority now. Bitcoin made early investors rich, but us late investors cannot expect much more than holding value, maybe something like 50% gain if a bull run comes at best, but nowhere near like the first spectacular years. Ok, it didn't look spectacular back then, you would have had to buy and hold for years ignoring the fear of "vapor money" etc. Those that risked, that minority, can live the rest of their lives in comfort.

Those 2009~16ish (cheap) bitcoins are out of reach. Bitcoin price increase slows down overtime, now that everyone knows it, now that everyone wants it, its too late. So yes, for most of us, its the fabled Unicorn, oh we wish we acted in 2010 or something, but we didn't, and there is no turning back.

You cannot buy bitcoin today, and expect 10 years later to sell it and not need to work ever again. That was true for the previous decade, but not for this one. You CAN gain some value, but nowhere near enough. Its still better than banks so at least we are left with a good COIN for posterity.
2072  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a Safe Haven for Your Money? on: January 23, 2020, 05:51:20 PM
Nice video and the article!
----
Must watch

Why must WE watch it? You just watched it, couldn't you give us a summary of the information provided? A few bullets on why they believe bitcoin is a safe having for our money?

Bitcoin can only be considered a safe haven if we know the rest of an investor's portfolio. It's not a safe haven for all of one's money. The swings in Bitcoin are unreal. 10-15% price swings over the course of 24 hours is the exact definition of risky (not safe!) What Bitcoin does provide is a intriguing alternative to traditional investments (bonds, stocks, mutual funds, real estate). Cryptocurrency serves a great purpose in diversifying ones assets. There's a lot of upside potential, but that only comes with an equal amount of risk. Don't put all your money in bitcoin - please!

I can't watch videos in this capped mobile link anyway...

Bitcoin is safe in the LONG run. If you stop and look at the big picture, there is no doubt about it.

10-15% fluctuation is nothing compared to what it used to fluctuate in the past, and its only going to reduce even more from now on. But even if it were to eternally fluctuate 15%, it would still in the long run go up, just slower and slower overtime. So it IS safe.

A "non fluctuating" fiat might sound more enticing, their governments might even do a "proper job" to keep the inflation at 2% like their Chicago school economists want. BUT, this might change overnight, and you will not have time to react before its too late.

Those surprises do not come to Bitcoin, we already know where bitcoin is headed, and why. The fundamentals of its design, means it will not lose value over time like all fiats do. Therefore, when seen from a fiat perspective, it does look as it has always gone up.

So sure, trust your € and $ or £ whatever. But remember, they CAN become worthless overnight, bitcoin won't, because the rules of Bitcoin cannot be changed on a whim by a few people. In my country the coin wasn't so bad, until it became the worst on Earth, and there was no time to react. However you trust your government, they still have the power to make you poor overnight, no one does with bitcoin, you have to fight the entire market to attempt manipulating its price, and even if you succeed partially, it will correct to the point it will burn your fortune. Believe it, some Chinese millionaires tried, and failed.

Satoshi cannot come tomorrow and change Bitcoin rules to become 42million, without the approval (consensus) of the majority, but it can happen to your fiats. Metals are a little better in that regard, typically gold. But still, there is no guarantee that a new source of gold could be found on Earth or in space, so while the surprise factor is much lower, its not as low as Bitcoin. Think of this, the sole "news" that someone finds a gold filled asteroid, could drop its price in the market. Will someone ever find a bitcoin filled asteroid?

The longer the timespan, the better you comprehend bitcoin's value. Of course diversify your portfolio if you want, that is never wrong.
2073  Bitcoin / Bitcoin Discussion / Re: So...Is Bitcoin the ultimate coin that does not need more development? on: January 23, 2020, 05:35:34 PM
The structure of the house and main features (walls, rooms) are all done. All that is left are for the small details, like furniture, before bitcoin is a full house.

Hey Bitcoin is already a full house, it has furniture. The only thing left is some nitpicking on furniture styles and maybe their comfort. Or maybe changing some lamps or moving appliances from one place to another.

This happens when software leaves its testing cycle and becomes production ready.
2074  Bitcoin / Bitcoin Discussion / Re: Air, Water, Bitcoin on: January 23, 2020, 05:24:32 PM
Without air and water life no worka.

P2P commerce is also essential.

Past human history is checkered with currency manipulation and conflict..

Enter a new element for humanity; trustless p2p currency, globally decentralized...

Something humanity has been craving since the dawn of human history.

 Cool
don't forget the existence of the sun.
all need and interdependence with one another to produce amazing things.
crypto and FIAT are 2 different types but are side by side despite a lot of friction.

Actually its not a valid comparison. We cannot live without air, water and an energy source like that from our local star, but we could live without money.

History shows we used to trade things without money, but this wasn't too practical until "precious things" (rare) came around, then we could trade more easily. The concept of money due to practicality, originally it was the precious metals themselves, but then goverments happened...

The older cases of inflation were very physical. Romans when troubled by budgetary reasons (the usual) started reducing the amount of gold of each Dinar which prompted their hyperinflation later and an emperor even resigned (for the first time in their history).

But then paper "representing" those metals started being used, and the stage was set for the fractional reserve scam.

Bitcoin undoes this later part, in fact bitcoin doesn't even pretend to represent any arbitrary amount of metal, its price is freely decided by the market by its usefulness alone, so you could say its price is "honest" since you don't have to trust any third party to fulfill a promise of value. So while its not pegged to anything, it also is unique and limited. On top of that its electronic, so even easier to trade with.
2075  Alternate cryptocurrencies / Altcoin Discussion / Re: 12.5% Tax on Real Bitcoin on: January 23, 2020, 03:43:47 PM
Roger Ver: Taxation is theft.
Also Roger Ver: Here's a 12.5% tax on miners! If not, we're going to orphan your blocks!


Source: https://medium.com/@jiangzhuoer/infrastructure-funding-plan-for-bitcoin-cash-131fdcd2412e

Also, stop it with the "real bitcoin" crap.

Eww, way to kill an altcoin... Not like it ever achieved anything useful anyway. Tax the miners, what could possibly go wrong? They were already giving 4% to the pools, and some even foolishly pay dev taxes for using modded firmware.

If there was any reason left to mine this thing, i guess this will completely remove it.
2076  Bitcoin / Bitcoin Discussion / Re: So...Is Bitcoin the ultimate coin that does not need more development? on: January 23, 2020, 02:47:22 AM


As subject goes, is Bitcoin the maximum version?

Is it still possible to develop it?

or

Can we still expect better coin than Bitcoin?

Its done for the most part, but its still being maintained and receiving little changes from time to time. Did you not see the top message?

"News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]"

Of course any major changes would need consensus from miners and nodes, if a change is too controversial people would simply refuse to update. It took a lot of effort to get Segwit in, with some people still arguing about it to this day.

But yes its possible, just not easy. You better be prepared to defend your idea VERY WELL.
2077  Economy / Speculation / Re: Can Bitcoin Cost $ 25,000 by 2021? on: January 22, 2020, 05:00:45 PM
Bitcoin prices are going up and down these days. People are hopeful that the price of Bitcoin may well go up by 2021. Bitcoin has been legalized in a number of countries, due to which Bitcoin prices are now recovering. If the price of Bitcoin goes up to 25,000 by 2020, it will be very difficult to buy.

Its not impossible. I can also occur at a later year. But the longer it takes, the steadier it is. I think after halving, whatever price it gets, it might come a period of either sideways or bear, depending if the was a bull run or not. Sure it might mean a higher price in the end, but that is how it would fluctuate in my opinion: Average price should be higher than the same period before halving. How high? Not exactly twice, something between previous average to twice that without actually reaching twice.

So if avg was 7k it next avg should be under 14k. Unless something important occurs (has happened before). But the tendency is for bitcoin fluctuate less and less overtime. The highest gains were at the beginning, in the very early years and it can never return to that.
2078  Bitcoin / Bitcoin Discussion / Re: Full Bitcoin node in Tesla? It is possible! on: January 21, 2020, 04:54:12 PM
That's a very interesting though. If every electric car in the world would run a bitcoin full node we would have an incredible powerful dynamic decentralized network. We could actually create a mesh network upon that. EWlon Musk has showed his interest in the blockchain and cryptocurrencies industry through his many controversial tweets & for me it wouldn't be a big surprise if we would actually implement the ability to host nodes or at least integrated wallets. How comfy would it be to make payments from your Tesla touchscreen while on the go instead of using your phone which is mostly illegal?

Yes if they did the mesh as you mention, which Tesla's do not, they use old fashioned mobile data.

If someone were to take open mesh nodes and combine them with bitcoin nodes, this would be true. Only problem is i don't think wifi works very well while in motion (to each other), parked cars on the other hand...

To make payments you don't need to be running nodes, just put Electrum or similar light wallet. The infotainment is little more than a glorified tablet stuck in the dashboard. Your idea is great but its much easier to just add a raspi or similar device and leave the infotainment alone. Plus you could place it on any car/bus etc. Now you could install a wallet to the infotainment (its Ubuntu in some ARM IIRC) but i'm not sure of the convenience of it. The rear camera could be used to read qrcodes, say at the parking wall (reverse parking).

If Elon gave permission things could go very smoothly.
2079  Alternate cryptocurrencies / Altcoin Discussion / Re: Petro And Cryptocurrency Casino In Venezuela on: January 21, 2020, 04:35:41 PM
The plans for the introduction of official cryptocurrencies by governments have been talked for a long time – but Venezuela was the first to take action. However, should other countries follow the place where hyperinflation and bad governance play the first fiddle...

Can't read full article (blocktoq sucks, no scripts = no content).

Gambling in Venezuela is nothing new, its regulated but at some point a decade ago the government tried to close down the casinos (which legally are only allowed in 5 star hotels, which is why they call them "Bingos" instead). But then there are a lot of informal gambling parlors. And the main business (i think) is with sportbook betting.

Accepting Petro is something any random online website can do if they want to take the risk. Exchanging them into something useful would be the main PITA. You can in theory just open your own petro wallet (KYC req), which is centralized to a single gov operated server; then exchange them at one of the authorized exchanges or the gov operated exchange. Oh did i mention they will give you a single address?.

Petro is centralized. You cannot own wallets or operate nodes, they did not provide the source code modifications they did to Dash to turn it into Petro. It all depends on that gov operated server which might fail to respond at random. Venezuela's internet (or electricity) isn't exactly great either.

Note that with the ruined economy its probably not like it used to be 7 or 20 years ago. I'm sure there is still a rich (gov linked) minority that keeps many of those profitable, but this is nothing like it ever was.

My opinion: do not mess with Petro, even for gambling.
2080  Bitcoin / Bitcoin Discussion / Re: Bitcoin moves like Gold? on: January 21, 2020, 04:06:54 PM



According to the recent price chart, Bitcoin's move has been very similar to Gold's move.

Recently, after Trump delivered speech, the price of Bitcoin and Gold both went down.

And there were other cases that Bitcoin's move follows after Gold's move.


But is this still enough to say that Bitcoin moves like Gold?


Close but not the same. Some investors flee into metals and more recently bitcoin when the economy is not doing good, but gold price is mature, its production and holding stabilized over a much longer time than bitcoin.

Basically gold fluctuates much less than bitcoin, while bitcoin is also maturing and tends to fluctuate less over time and maybe follow a pattern that gold followed over a much longer timespan.

Bitcoin was also designed in part to mimic gold: plenty and cheap first, then scarce and therefore expensive later.

Its still to early for Bitcoin to behave identically to gold, and it might never do it. Closer to gold that fiat, sure. Oh yes, if you want correlations silver does behave a lot like gold in the market. But at the same time they are separate, price can suddenly change when a new source is found, etc.

If people think the economy is going to be good, they sell their metal/bitcoin assets to get into cheap stock they plan to sell later again when economy faces peril. Its just trading as usual, wedging against precious metals is tradition, bitcoin is more a newcomer alternative.
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