BTC looks sooo fucking weak right now and that only few weeks apart from Halving, not the best sign imo.
A stable price is a great thing. It shows that we can hold the $450s no problem, even with over $1.6 million in mined coins being sold each day. Imagine what happens when that number is cut in half. |
|
|
|
|
A good guide for figuring out what to do down the road if you live in the US or other nations that are turning socialist. I would imagine that those in the big cities are the worst off. Even if you're not in the big city, eventually those people will move into the countryside and seek out any food available, so even there you're not safe if you can't protect your food.
One plus of all this though is that when Venezuela collapses, if they are smart about scrapping the old system and put in property rights it would probably be a good investment to buy some land there.
Though it looks it could be more like Romania where the country collapses and the elderly cling onto their socialist past (it's all they know) and the youth embrace freedom. But it still takes a long time for any form of value to evolve in the country, leaving most people poor.
|
|
|
|
I don't have anything against people who 'flip-flop'. I do it myself. I do have something against those who will not flip-flop even when new information comes in. They either are not exposing themselves to it or are to fossilized (or bought off) to take it in. Generally I find this inflexibility to be the biggest problem with the hard-core Libertarian types.
My principles have certainly evolved. I used to think the Libertarian Party was the answer. Then I thought maybe the US had a chance with Ron Paul. Then I realized how big of idiots American voters are and how putting any effort into trying to save them from themselves was a waste of time. |
|
|
|
|
It is best that those that are not willing to listen do not get involved in Bitcoin at this early stage.
Things like the New York Bitcoin license and other regulations come from people like this getting in to the Bitcoin realm too early.
Just know that when the dollar is collapsing and he clings to to debt to save himself from starving while fighting for food he may then reconsider. Or just die.
|
|
|
|
The first bank blockchain appliance will start rolling off of the assembly lines this week. Banks that want to have blockchain can buy this box and put it in their rack so that they now have blockchain. Store your bank's data on your own personal blockchain box instead of the old database technology used before.  blockchain |
|
|
|
That's pretty good. We passed Afghanistan once before during the big run up. |
|
|
|
There will be an avalanche-like adoption of bitcoin at any moment. I can smell it. And I'm never wrong at what I smell.
We don't care about that anymore. We're waiting on Adam to come out of the closet as Lambchop. The French are not known to be very manly. The pieces of the puzzle are starting to come together. Lampchop is some fat chick from Switzerland. |
|
|
|
I wonder which house is his.  |
|
|
|
I like Trump
Was it his support of Democrats up until 2008 and his vote for Obama that got you to like him? Or his conservative rhetoric up until he was the defacto Republican nominee? Or is it his higher taxes, single payer health care talk after he was chosen? |
|
|
|
I just keep my fiat in Cyprus banks. They will be forever safe there.
I agree with you, me either once I got my bitcoins from my earnings, I'm exchanging it to fiat already. And ready to transfer it to my bank for safety of my money. LOL, confiscation, deposit tax or a bail in is what they call it when a government takes depositors money to plug a banks financial holes, just as was done in Cyprus recently... I guess Elwar forgot /s tag, good to catch banking trools though. Not sure why Cyprus banks are any more relevant than Gatecoin getting haxx0rd or BBQ coin becoming worthless. Sure, Cyprus banks are fiat-related, just like the examples I gave are crypto-related. At least Cyprus banks didn't run away with all your coins, like the totally awesome Bitcoin Bank in Cyprus did  No, just the Cyprus government running away with people's deposits. As will happen in Greece, and Puerto Rico, and Spain, and the US, and... Gatecoin? Is that a private wallet in someone's cold storage? |
|
|
|
|
I just keep my fiat in Cyprus banks. They will be forever safe there.
|
|
|
|
Which one is your favorite? And no, you cannot vote for me... How would I know which is my favorite until I've had a deep meaningful discussion with each one of them to determine their inner beauty? I'd bang them all though. |
|
|
|
You are correct. I am not engaged in any kind of brevity, which is to say terseness, to trade BTC, so I find it conducive to extensively expound those, my terms or methodologies, and I don't feel inclined to look them up, at the moment or in foreseeable future, which is already priced in.
Stopped reading at trying too hard to sound smart. |
|
|
|
|
I spent all of my savings on euros, now I'm broke.
|
|
|
|
99.9% chance it will be the government performing a black swan event on itself since they know it's coming down anyway and then blaming "renegade hackers". Either way, bullish for Bitcoin so I don't give a fuck. Proceed to black swan yourself jew bankers! So far it's been mainly people DDoSing bank websites in various countries for a few hours at a time. So...people will have to wait a little bit to do their online banking if their bank is chosen that day. |
|
|
|
|
You didn't take those pictures with your phone did you?
Pictures taken with a phone usually include a GPS location. Unless you manually turn that feature off.
|
|
|
|
If I had invested my savings in Bitcoin would it be more likely to be broke?  Do you keep your savings in a currency that loses value over time? |
|
|
|
No, the early coins (not just Satoshis - all of the coins) use an obsolete scheme that hasn't been used in years. Essentially they don't have addresses, like now, but naked/exposed public keys.
Quantum computers can reverse a public key as long as they know it. Our modern addresses use hashes so you first have to reverse the hash, find the pubkey and then break the pubkey/privkey to access the funds. This is way more quantum-proof, as long as you don't reuse addresses (and thus expose your pubkey for long periods of time).
Quantum computers = magic. You need more energy than what is in the sun to break the pubkey/privkey. |
|
|
|
|
Show Posts
