There is nothing wrong with investing in established alts especially the ones like XMR. Since you mentioned it, XMR provides complete privacy which BTC lacks. Many people who own bitcoin also do own some alts. There is no need to demonize alts completely. If some other alt provides a better tech than btc, does something better than btc, then it has a legitimate reason to exist.

The main problem here is that RV promoted BCH as it was the real bitcoin which is obviously a big lie.

No other alt did that. I am not sure but I don’t think even BSV went that low. They did a lot of satoshi’s real vision stuff though.

I don't think that's the case. Gold bugs and bitcoin people have many common beliefs. Both hate the FED, both think this current financial system is not sustainable and bound to fail, both say FIAT shouldn't be printed recklessly out of thin air... There are probably other similarities which I can't think of right now.

It is just some gold people don't see btc as a viable alternative to FIAT and it is OK. Some bitcoin people don't like gold and they think it is just another dumb metal or yellow dirt and that's OK too but these people are the minority. The majority who like btc or gold the most, the chances are they probably hold the other asset too. Maybe a lot less than their favorite asset but they do, in case they were wrong about their original choice.

Getting weekly fat pay checks from mixers clouded some users judgement. I noticed that too but me being right wasn't going to change anything so I didn't say it too often (I think i did it once or twice at least though) and I didn't have to. It would only upset the people who were carrying the mixer signatures even more.

Those mixing services were centralized and nobody knew what data they were logging. It could be anything. As far as I know none of them were open source even if they were, it still wouldn't make any sense to use them because you still wouldn't know the actual code they were running on their servers. To function, they needed other people's coins so them being open source wouldn't make any difference.

If you need privacy, use monero. Bitcoin mixing services never made any sense to begin with. I guess it is all resolved now. I don't think anybody would argue otherwise because nobody is getting paid by any mixers around here anymore

That said, if you go to shitcointalk forum and keep talking the same stuff, they will pitchfork you. How dare you say that to our employers! Heretic.

-Mixers are fiiinee privacy privacy come and buy some privacy buy 2 and get 1 free privacy I'mma sellin the best privacy special offer-

Now when you think about it, theymos actually improved the forum by banning the mixers as they probably weren’t really providing any real privacy. (At least we had no chance to know it for sure)

When it comes to buying gold, physical should be the only way. I don't know if these gold backed tokens are really backed by gold, I don't know if there is any physical delivery, I don't know if it will hold the peg forever... There are too many uncertainties. Why trade gold anyway? It is not as volatile as crypto so I don't see the point. Just buy and hold physical gold for 10 years at least and then do what you wanna do with your profits. I'd rather trade alts instead of these gold backed tokens.

Litecoin, Bitcoin and Monero are backed by nothing and they still have a price. When these gold backed tokens lose their peg, they will go to zero. I would avoid.

Just buy the major oil stocks like ExxonMobil, BP, Shell, Chevron etc... No need to make it complicated. You can bet on oil's future price too but I don't do options trading so I don't know it well. Remember; during covid19, oil prices went negative. Lots of people who were long on oil got wiped out because of that.

Oil is a smart play. It is often regarded as "black gold" and it is undoubtedly more useful than gold, so buying some oil companies is always a good idea.

Binance is the only cex I am still using now (with small amounts) but I also withdrew most of my coins a couple months ago. Bisq is truly decentralized but it lacks volume and variety. Also my laptop gets very hot after running it a while and I think this is the man obstacle that keeps it from getting bigger. It is running on a blockchain as far as I know and because of that it consumes lots of computer resources.

LTC is the best way to withdraw coins from binance like you said. Sometimes I can't beliece why it is so cheap to withdraw using LTC. Binance must have missed it.

Just don't tell them? BTC isn't something physical so if you are not stupid enough to write it on your forehead that you have bitcoins, nobody will notice anything. You could carry a million bitcoins in a usb disk. Nobody will know it. Your wallet is literally a text file which carries your public keys or seed words. If you don't even want to carry a usb stick, then memorize your words and it will be even better. With bitcoin&crypto, unless you make stupid moves, you can't fail. In fact, you need to try very hard.

It is all relative. I've seen people making it from $1k to $1 million and I've seen people going from $1 million to zero. Making money requires some luck and knowledge but keeping it requires mostly knowledge. After reaching $1 million, every day which you didn't lose money is a win. When you get that big, you become the big pie which other smaller fish want to take a bite out of.

Making $1k to $2k is easy. All you have to do is bet on the right coin. If you lose, you can try next week, or next month. Doubling $1 million into $2m, that's where it gets complicated.

What you described has nothing to do with bitcoin's decentralization. Bitcoin is still the same network for more than 10 years and it still works the same way. If some people own thousands of bitcoins, that doesn't mean the network is compromised. On the contrary, it only shows people are interested in bitcoin so they are buying huge shares of the platform. Buying coins can't threaten the decentralization of the network. Only the miners can do that. If one miner controls the majority of the hash rate, that would be catastrophic. Luckily that will never happen.

Why? Are you playing Switzerland imma taking no sides chaotic neutral shiet again?

Legiteum might be a little demo*rat shit nugget but credit is where credit goes.

She has a legitimate concern here. You must pick a side.

It is not only the commissions, credit cards affect your psychologically too. When you pay with cc, it doesn't hurt you much at that moment. It feels like you are getting the stuff for free and that makes you spend more. When you spend more and more like that, it also generates inflation because you are pretty much dumping your FIAT on the market.

That's why the FED kept the interest rates low for many years because they wanted people to buy stuff all the time. And you know what, It made sense to do that because why not? If they are giving you free money, you go and dump them on the market. Why keep it? If you don't do that, somebody else will and in the end your free FIAT will lose its purchasing power.

What's the difference between lightning and wrapped bitcoin tokens on eth? They both promise 1btc for your 1 wrapped btc or 1 lightning btc. LN is like a stable coin but it is backed by BTC instead of USDT. WBTC is the same thing. They operate on different networks but that's essentially what they do.

Tbh I'd rather use a well established alt like ltc or doge when btc is slow and expensive. It worked for me till now.

People who are dirt poor are still getting married because they don’t think about these stuff like we do. Rich people  sometimes get married because they want to know how it feels like. (To be trapped I guess?)  Middle class usually avoid marriage because they don’t find it viable. Living comfortably while raising a kid is not possible for these people so they give up on making kids.

It is pretty much the same everywhere in the world at the moment.

People do trades because they are addicted to watching the charts. They simply can’t stand still for more than a couple of weeks. They want to move around and try to beat the markets and in the end they end up losing more money. We really need to stop checking the prices every minute. We need to put our alts and btc in a bag, seal its entrance and come back at least 5 years later to see if we made it or not. I can almost guarantee that anyone who does this will “make it”.

If you don’t trust the alts you’re holding then it means you shouldn’t be holding them for the long term. Just dump them away whenever an opportunity emerges.

Not much tbh because I don't depend on crypto that much. Crypto is part of my portfolio and supporting me with some passive income but my own business doesn't rely on crypto. So If crypto disappeared tomorrow, I wouldn't feel it that much. My other assets would keep making me money and the world would keep spinning. You better have a back-up plan if crypto is your main way of making money. 15 years ago none of these existed and think about that a little and what would you do if crypto somehow failed.

Crypto provides an alternative but it is not indispensable.

That's a known fact. Getting rich is easier than keeping it. I am not saying getting there itself easy but some people get there pretty fast because they are lucky. Sometimes their grandma dies and they inherit lots of money and then they bet all on intc right before its earnings and boom 30% of that inheritance goes out of the window just like that.

People often dream about the great stuff they would do if they were rich. Most of the time they dream about getting poor again but they don't know that.

You should keep some xmr anyway because you’ll never know when you’ll need it. People need privacy for various reasons and you might need it to when the time comes. When it does, xmr will handle the jobs perfectly.

For everything else litecoin is great. Litecoin provides some privacy with mimblewimble too but some people say it is not as good as xmr so I wouldn’t rely on it too much.

It always start like this:

"Uh they are only taxing the super rich, you see there is nothing to worry about."

The same people said the same thing when income tax was introduced for the first time:

"They are only taxing a few percent of your income c'mon it is not that bad!"

...

Stockholm Syndrome they call it.


Hey look, Kabala is taxing these guys but it is for our own good. Let her tax people even more. She is tha best commie.

I have never seen mods locking other people’s topics. Have you seen it before? I have seen them deleting spam messages and topics though.

People can continue to post in this topic for the next 10 years unless the OP locks it himself. Mods can’t do anything about it.

Many French people don’t like their current rulers. I don’t think we should blame all the French. However they need to do something about it without a doubt. Yellow vests tried it but failed. Maybe next time.