Don't know if someone posted this earlier but I can't help reading every time I see this guy and his slow motion train wreck in the news... https://cointelegraph.com/news/craig-wright-accused-of-confusing-trial-proceedings“An adversary [Wright] who submits false declarations, offers contradictory perjurious testimony under oath, and submits false documents that even his own counsel are forced to disavow, severely hinders the ability to seek the truth.”
Ya think? LOL |
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I'm sure it'll reach $5k in the next week, a millennial on YouTube said so.
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Can't help but add some nice fat chunks to my normal DCAs this week. And I don't even know why.
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Also, my first Sunday haiku...
Explosive Sunday
The king bitcoin moves green
despite the shitcoin
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This has been on the front page of yahoo news for 2 days now, I can only think some people aren't done accumulating. You have to read half the article before it states anything positive... https://news.yahoo.com/bitcoin-lost-steam-criminals-still-152236151.html“Bitcoin is still a pretty lousy currency to use for cybercrime,” said Ryan Selkis, the founder of the cryptocurrency consulting firm Messari. “Maybe it is good for petty crime, but if you are running a cartel, it is a different story.”
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Clearly that guy's problem is he fell asleep before opening any of the bottles. |
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Interesting if not exactly full of details... https://cointelegraph.com/news/new-research-shows-bitcoin-denominated-payments-still-a-fantasyTransaction fees could play a part in this. The change returning to the sender in a transaction usually has a higher precision due to the need to subtract the fee, which is calculated in satoshis per byte.
The report highlights this as a possible privacy improvement. As the amount of high-precision transactions increases, it becomes more difficult to understand which part is the actual money sent, and which is the change. |
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Good news, a random internet personality says it's unlikely that btc will fall to $6 USD. (OK, title is hilarious, but they actually mean $6k). Still, I think they are really going out on a limb here with that wild projection... https://cointelegraph.com/news/different-type-of-shakeout-trader-says-bitcoin-unlikely-to-hit-6“...I think we’ll have upside and then we’ll have downside again, just to the point where a number of players will just get bored and move on,” he said.
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ltc soon 90-100$ price
what do you think guys
Could be next month or next year. Who knows... Was just back in summer where it was $140 USD/LTC. It all depends on bitcoin. |
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its gotta be something to do with poker
Poker in the rear Liquor in the front |
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This whole concept is scary af... https://cointelegraph.com/news/chinese-experts-suggest-using-blockchain-tech-in-social-credit-systemThe social credit system establishes a score representative of every citizen’s trustworthiness. The score is largely influenced by artificial intelligence and the processing of data from the millions of CCTV cameras installed in mainland China.
....
In mid-November last year, Andre Szykier, the CTO at Bitcoin ATM operator Blockchain BTM, suggested that cryptocurrency speculation will likely negatively influence one’s social credit rating.
Pretty cool concept: Government can just round up the troublemakers with little effort. LOL, I know right? Glorious future make happy. I can't wait for the time when our credit rating is affected by our social rating. Or HR managers can search the blockchain for the last time you double parked so they can modify their offer accordingly. This is next level pod people stuff. OTOH, it can dovetail nicely into cultures with strong caste systems, don't want those uppity Ahirs marrying into the Kallars, so there is that.  |
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This whole concept is scary af... https://cointelegraph.com/news/chinese-experts-suggest-using-blockchain-tech-in-social-credit-systemThe social credit system establishes a score representative of every citizen’s trustworthiness. The score is largely influenced by artificial intelligence and the processing of data from the millions of CCTV cameras installed in mainland China.
....
In mid-November last year, Andre Szykier, the CTO at Bitcoin ATM operator Blockchain BTM, suggested that cryptocurrency speculation will likely negatively influence one’s social credit rating.
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By the time folks like him come around to believing in bitcoin as a store of value then I'm guessing we'll all be pretty happy we didn't wait for his signal before accumulating. https://cointelegraph.com/news/ray-dalio-calls-for-investment-diversification-but-not-in-bitcoinBut while many believe in the store of value thesis of Bitcoin, its performance so far has not indicated meaningful correlation with global markets. While it does appear to have slightly positive correlation to gold, the indexes are small enough that they can be attributed to coincidence. |
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I am at a crossroads right now where i am able to cash in 8k worth of crypto and im thinking to split it between bitcoin and ethereum, I just need to decide how much of each.
What would you advise and what do you expect will happen with the market in the next 12 months and beyond? many thanks in advance. Mike.
Only you can answer that for yourself. But I would ask (ask yourself, don't reveal to the internet) what your current holdings are and their distribution. For example if you have no crypto at all right now after cashing out then I would skew reinvestment more heavily toward bitcoin than ethereum but have a bit of both. It's also down to your comfort with risk. Depending on your other assets, if any, you may want to consider stocks, cash, and/or precious metals as part of it. Maybe you go 70/30 of btc/eth but your overall crypto investment is 30% of your portfolio for example. I think the next 12 months are going to be very good for both btc and eth but no one really knows for sure. |
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Haha!
I was looking at living costs in The Philippines earlier. I thought about nutildah (no homo) & had a little look.
It’s so fucking cheap.
I refuse to move anywhere sweaty. And though I don't know how sweaty it is there it's certainly close enough to other places filled with people sweating to raise my suspicions to Defcon 1. I could buy a rotating army of small Filipinos to sit in fridges and then run out and press themselves against me until they warm up, but I think I'd rather stay put and incur a bit more expense. I was just there for three weeks recently. The cost of many goods is higher than the US. So unprepared food, unless you buy in-season produce, will cost a little more. However, services are so cheap they're almost free. So the cost of prepared food will be much cheaper. I can't emphasize how cheap human labor is there. I had a manicure-pedicure for $3 (my wife insisted). An excellent haircut for $1.20. Massages are around $4-$5 per hour. We had a couple plumbers doing repairs on my wife's house for about 1.5 days, and it was $35, including parts. So, services are all basically 5%-10% of the cost here. Very sweaty when you leave an air conditioned space, however. imagine being a bitcoiner there when btc strikes 100K. It would probably feel like you are Mansa Musa, spreading the wealth where you travel, causing intense inflation in local services, lol. https://en.wikipedia.org/wiki/List_of_wealthiest_historical_figuresI think it might feel like you have a giant target painted on your back. |
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LOL, how is this guy still getting press? ... https://cointelegraph.com/news/interview-craig-wright-still-999999-sure-that-hell-get-btc-fortuneWright said that he formed the trust “back when Bitcoin was not worth anything at all” as a prescient move to secure his prospective assets. When asked why he himself is not one of the trustees, he said:
“Because I’m smart enough not to be. Because then people could force me to actually move coins. You can take things from trustees. If it was mine, people could have seized assets from me.”
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Where is the world it is pleasantly warm, but not hot at least 8-9 mo/year?
A sea and or a lake is required, preferably english speaking (at least in a large part) populace.
I cannot think of anywhere apart from few small places in The Caribbean, with a threat of hurricanes, etc.
I've been through several hurricanes already, it's a thing to avoid if possible.
Without considering language, I was also thinking about Greece (including Corfu), some Mediterranean islands (Crete, etc.), maybe Canary islands.
Maybe I should learn Spanish or Portuguese, finally.
Suggestions?
Hawaii. Side of the volcano, pick your elevation and you can pick your climate. Then a few minutes to either the summit and wearing a winter jacket, or to the beach and wearing nearly nothing. Of course there's that little issue of cost of living. |
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