7 1,000,000 TPS (w/ LN), Visa has 47000
FTFY. Now fk off newb troll.
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I hate to admit it but today I bought a gold coin.
After 1.5 years of break, this is the first gold I bought.
Gold may see some serious action this year.
Why should you hate to admit it? I own some gold. And some silver. I see PMs as complementary to Bitcoin. The goals are the same, they are aligned: a hedge against the total fuckery that is the world global fiat-based monetary system. It doesn't have to be either-or like some people paint it.
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You guys do realize that 99% of normies coming into Bitcoin are going to just buy their coin on sites like Coinbase or Gemini and leave them there? And with all this back and forth debate about the "right" personal coin security, and the pitfalls if you get it "wrong", who could blame them.
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We had an explosion of whizbangery a decade ago. We had not come close to riding that to its natural conclusion before wizards that thought they knew better perverted the system.
Oh well, devs gotta dev.
I thought you were a dev. Nah he's just a fucking hack.
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Oooh, all the regular trolls are back in force, along with a few new ones. Guess we're going up soon.
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Just look at this graph of the US budget surplus/deficit ratio. Its been 2 generations since there was a surplus and even that is questionable as some say monies were borrowed against the SS trust fund or something along those lines. I am just sick and tired of being ripped off and lied too...pretty simple really. Is it to much to ask that "they" not do this anymore? Here's the irony though. I lived through that Clinton era of govt surplus, and oh boy how you should have heard the Republicans/Conservatives screaming about how "it's our tax money, how dare they hold it!" and "they should spend it on something good, like infrastructure!" and "the economy works best when the govt works in a deficit!". I shit you not. I bet all of them would KILL for a govt surplus instead of the huge deficits and national debt that we have now. They let political bias cloud their sanity. (For the record I am a libertarian, a fiscal conservative)
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TBH though, it's moot. I don't think anyone cares anymore after what happened in the Bitcoin community. Satoshi envisioned that the fork chain with the shortest PoW record would get "attacked and killed off" by the miners. Never fkn happened. In fact, they kept all forks alive because "reasons", selfish fucking reasons. So it's a non-argument that has lost its meaning.
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It's impressive, until you realize that all these crossfitter women are all 18-20 yrs old and < 5'-2" tall. And former gymnasts or cheerleaders. Show me a vid of a 35-40+ yr old doing that's at least 5'-8" tall, and I'll really be impressed.
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It appears the crypto bullsheeit games are alive and well, I see. Lol.
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People keep throwing this word "adoption" around like it actually means what they think it means.
Bitcoin has been around for nearly a decade now, and the only "adoption" happening with Average Joes is buying low and selling high, hoping to make a profit in fiat. As an investment, period. There's barely any actual e-commerce going on with Bitcoin, not of any magnitude or volume that you could call it real "adoption" with a straight face. Hell, there's barely any major merchant integration at all, and that is after almost a decade. And the actual economics overhead/AML/KYC of crypto actually de-incentivise people to use it for e-commerce.
So if it isn't happening with Bitcoin, then is sure as hell isn't going to be happening with any of the thousands of shitcoins that are out there either.
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Worst thing is the big buy walls just keep moving lower. No support Please liquidate all your holdings, and don't buy again until bull market is confirmed around $6k. Maybe wait until $8k to be doubly sure.
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He said, “You should outlaw [crypto assets],” because many have lost savings due to the significant slump in the crypto markets. “I am personally surprised that regulators haven’t stepped in harder.” Allianz Investors Chief. Yeah, ban things because people are being stupid. Good bye cars, internet, food, water, life. And yet penny stocks are allowed to live on decade after decade, scamming people with PnD's every day. What's with people like that making such asinine statements?
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Do you guys like capitulations that were being masked/sold as something else? 'Cause that what you got. But you are right, I am being emotional. Even though what I am saying makss Sense, because BTC can still fall to 1900 (your 90% down). We are not there yet.
After Bitcoin bottomed in 2015 to something like $190, you should have heard all the people coming out of the woodwork saying "can still fall to $100" and "we are not there yet". Never happened.
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Both Tom Lee and Mike Novogratz no longer "calling bottoms". Probably out of sheer embarrassment.
Bullish AF.
Side note: When Mike stopped calling bottoms in 2014-15 (because he continued to be wrong), we actually bottomed in early 2015.
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They already hardly accept bitcoin. They advertise Bcash every transaction, adding transaction fees for each bitcoin transaction, eating bcash transaction fees.
I'd ask how they even stay in business but I'm sure their bcash shilling pretty much shows where they're getting the money to keep their doors open.
If they're betting everything on that horse, they won't be in business for very much longer.
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It's one of the few places left where you can spend your bitcoins online. Unfortunately. I'm to the point of considering ordering a credit card. My Amex was supposed to be only for emergencies but I've racked up plenty of useless sky miles over the past year with it. Two words: Shift card. More words: spend your Bitcoin at any place that takes Visa. Since you brought it up jbreher, notice that the Shift card uses Bitcoin TM and only Bitcoin TM. Not your BCash shitcoin or any of its idiotic variants, nor any of the 30+ some odd shitcoins that Coinbase plans to bring online soon. Gee, I wonder why that is? Lol.
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... My hunch is that "manipulation" exists to the extent that it pushes the technicals that are most likely over the edge. E.g. if the indicators say sell-off or rally due, there's some twats paying off mass media and cooking the books to push us over the edge. I don't see them actually shifting anything in a direction that wouldn't naturally be possible. Craig for example always seems to announce his horseshit when a market move is due anyways, and then tries to take credit for that. Anything other than that could (and thus probably would) lead whales to cuck each other out of their coins and fiat.
Exactly! But you said it way better than I ever could Yep agreed. It's all trading based almost purely on technicals, and all the algo bots react accordingly. But because the market is so thin, the whales can control the technicals to some extent. The market is being shorted and pushed down right now to stay in a bear market, to keep a rally from happening prematurely based on technicals. Until they want it to, again. Average Joe retail participation has always been extremely low in the Bitcoin market, probably not more that like 5% of the total buying/selling activity. Certainly not even close to what either pushes up the market massively, or sells down the market massively. That's why it is so cringey to me to hear people say things like "People are massively FOMO buying!!" during bull runs, or "People are massively selling!!" during bear markets. No, "people" aren't. Neither price moves have anything to do with the <5% of Average Joes retail participation.... not even close.
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