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601  Other / Archival / Re: Don't worry, bitcoin is cyclical on: November 23, 2022, 11:00:03 AM
Just another reminder that the bitcoin market is cyclical, and everything that we are seeing with bitcoin now has already happened before and the necessary lessons should be learned from this:

There is no eternal bull run, just like there is no eternal bearish trend, so a dump is always followed by a pump. This was well shown to us by the cycles of 2014 and 2018. Now the market is dominated by bears, but sooner or later it will end and recovery and growth will begin:


The low price of bitcoin is not a reason for panic and concern. This is the rare opportunity to buy cheap bitcoins. If you miss this moment now, then next time it may not be presented very soon.

A correction is a time to buy, not to sell. Don't worry - just HODL (or buy more). Smiley



In regards to the bolded, it's important to note that there could be multiple dumps before a pump/pumps. A dump followed by pump is not always guaranteed

To the second bolded, better to buy whenever there are significant corrections. And don't buy what you can't afford to risk so you don't panic when things arent going your way. Too much risk makes people panic when things are going according to plan.



The important thing is to always contribute something good and useful (not necessarily money) to the Bitcoin system if you want your investment to keep increasing in values.  
602  Other / Off-topic / Re: My Signature on Bitcoin price Movement & Prediction on: November 23, 2022, 09:31:26 AM
The problem is that there are reasons why Bitcoin moves.

One of the big reasons why Bitcoin will top $100,000 will be the fall of the value of the USD. That's to say, it's not Bitcoin changing in price. It's the dollar changing in value.

When the dollar falls against Bitcoin, it will mean the collapse of the dollar is imminent. And when it falls so badly that the Federal Reserve Bank collapses, think of all the poor people who will suddenly lose their Social Security.

We really need to put something in place that can prop the poor people up, who are depending on the dollar. There are a few things we can do, but it will take a group of us... just like it took several Devs and a whole bunch of advice from others to make Bitcoin what it is today.

Cool

Ofcourse. However the price of Bitcoin will only be more valuable if dollar falls 20% (for example) against Bitcoin without Bitcoin moving up or down...Bitcoin will only be 20% more valuable in this case. What could move Bitcoin up while dollars falls is if people are moving their funds from dollars to Bitcoin.

Dollars is actually supported by us, partly due to those who will suffer the consequences of its collapse. We actually need to build something secure and reliable (which idea has been sufficiently developed already) they can fall back on incase it collapses. However dollar will be supported until the "Red King" takes over. I think he could support and prevent its collapse.






Hey BADecker,
In regards to the bolded above, I think people/someone should be taking over from there... I mean someone should help support the dollar while I focus on Bitcoin. I want to use Bitcoin to help others and fund "my work"... It's a work that involves saving people. Dollar has been supported long enough without anyone supporting the one who supports it. I want to fund my work with profits I make from Bitcoin price increase. Not doing so could hinder the work which the CREATOR sent me to do.

It seems you understand dollar price movements fairly well, so why not support it with word of Wisdom? You can do that from anywhere. Just one truth about the fiat currency is enough to move it up. If you have so much on you, then a temporal support of dollar may be transfered to Red King (if they allow him) or other people considered by the world as qualified. But I can't guarantee its stability unless it's in the hand of the CREATOR who is likely not pleased with the way HE has been treated by the world especially people from Babylon. I'll indirectly support the dollar by prayer for the one/ones who will start supporting it. That will require total submission to the Will of the CREATOR by the new supporter, otherwise there may be problems. I will occasionally takeover the support of the fiat currency probably when I stop supporting Bitcoin price. This may depend on how humble the world (especially those from Babylon) becomes. If they continue hurting the one who currently support the dollar, he may choose to temporarily support other fiat currencies like Ruble without giving up on praying for those supporting the dollars.

I want to hear from you soon before I make this decision. No problem if replying me is not necessary... i will just start doing it.
I expect the qualified to takeover control and I will be praying for whoever they are or he/she is.


Meanwhile I'm also considering supporting both Bitcoin and dollar in the future at the same time without either Bitcoin or Dollar having issues as a result. I believe if we decide to stop everyone from buying Bitcoin for sometimes the price will still increase when the true value is revealed to people, without dollar losing value in their eyes unless they weaken the value themselves, for example by printing too much of it






Post Edit History:


Last edited:  09:36am GMT, Nov 9 2022
Post before the edit can be found here: https://archive.ph/pGuH0

Last edited:  08:20am GMT, Nov 9 2022
Post before the edit can be found here: https://archive.ph/C3McU






The major fiat currencies fell significantly few days ago. I was a bit worried what massive falls will cause when I gradually reduce the supports. This has been sorted out fairly well now. We will be witnesssing strange price movements of the fiat currencies. I will advice non-usd based economies who are quite dependent on import (esp from China) to consider exchanging their national currencies to Chinese currencies in order to import the relatively cheap goods from China.
In regards to those whose national/private reserves are dollar based, you should expect occasional upward reversal in the price of dollar, this should preserve your dollar reserves.
There were other potential issues that were considered before this will fully begin. The issues have mostly been resolved and I will be monitoring for more issues for future adjustments. I'm doing this in such a way that problems are not created. And it will only be done when necessary.

Now is the turn of Bitcoin/crypto
603  Bitcoin / Bitcoin Discussion / Re: To those who do not care about their privacy. Why? on: November 22, 2022, 09:32:58 AM
Privacy is a Right as long as we do it right.


* My few advice to privacy conscious people.

Be very transparent as possible unless bad people want to take advantage of your transparency to harm you or/& others.

I think we can only keep things that are Safe/Good/Just private while exposing evil.

You should only follow the privacy path in the public, dangerous or trustless environments. But make sure what you are hiding isn't evil or unjust.

If you are in possession of hidden things that are evil or unjust make sure you expose them to those more trustworthy, moral and better than you. They would handle that better or guide you on how best to treat the secret for your sake.







It's not right to say "I have nothing to hide,  as you are probably hiding your private bodyparts, Bitcoin keys, digital/online passwords etc.







604  Economy / Exchanges / Re: What does Proof of Reserves mean and... on: November 22, 2022, 08:26:03 AM
how will it affect anyone's decision to invest in crypto?

Proof of Reserves
Also known as Proof of Funds, Proof-of-reserves is a way to allow customers to monitor the balances of an exchange.1

This is an important step for the exchanges in order to keep their customers ' and investors' faith alive in crypto. This will make lots of things transparent about many crypto exchanges and will also weed out various bad actors who had been hiding their deeds since long time.

What is your take on this as an investor in crypto?
Will it add any impact on your decision to get into crypto or stay away from it?

...


Who determines the method for proving that a centralized exchange for example really has reserve?  What is the trustworthiness of the method? There has to be verifications by users/participants to the  smallest details like you have in certain decentralized and transparent systems. It's not right to just trust whatever they tell you without verifications. Only decentralized system like Bitcoin allows transparent and thorough verification hence its a far better system to prove things.





Don't tell me "Trust Me" while you are not transparent enough for probing nor allow people to question your method.
605  Economy / Economics / Re: Corrupt people in crypto on: November 21, 2022, 03:21:07 PM
Simply avoid or be very careful with projects that build on faulty/weak foundation that is contrary to the one Satoshi laid for the cryptocurrency space.
There will always be very corrupt people and rule breakers in any community. Don't support or join them.



There are curses/punishments reserved for those who create problems rather than solving problems. What they sow, which is problem, returns to them in many folds. Don't support their evil works else you will share in their curses
606  Economy / Economics / Re: China Is Quietly Rewriting Rules That Run the World on: November 21, 2022, 10:02:09 AM
Quote
...

What could materialize is different spheres of influence, where one set of standards is used for all associated devices in one group of nations, and another set for a separate group.

...


....




In regards to the spheres of influence, it's important to note that Nations with thesame/similar Cultures or Laws tend to share thesame or similar bubbles, which consequently determine their climate/weather. I think that should determine the kind of standards they adopt as long as the standards are safe for them.




You can tell a lot about people's culture by the Weather and Nature around them. Try to build things that are peculiar to their good cultures.
607  Other / Off-topic / Re: Decentralized fiat global currency on: November 20, 2022, 09:59:23 AM
Wanted to understand if there is a concept of a truly decentralised fiat, with no government control, but collated to real world. It's high time such a currency comes to fruition, specially with CBDC's etc.  Huh

Is there is any project going on to build it ?



Such is very counter intuitive. Hope you Google the different meanings of the Word "fiat" then compare that to the ideals of decentralized currency like Bitcoin. Fiat and truly Decentralized currency are contradictory. It should never be used together to mean Truly Decentralized due mainly to the fact that the first truly decentralized currency like Bitcoin is a voluntary currency system with participants who can join or leave the system at will.

Maybe Decentralized National currency will work OK rather than Decentralized Forced/imposed Currency.

Bitcoin could be called the currency of the free. The other is mostly for slaves.
608  Economy / Exchanges / Re: What is now the difference with Ponzi platforms with cryptocurrency exchanges on: November 18, 2022, 04:40:41 PM
Reminds me how regulated banks were ran in the past before they had serious issues... You give them money, they squander it and governments bail them out. Interestingly, it's one of the reasons Bitcoin was invented but they are trying to abuse it the way the banks were abused. To minimize or stop the abuse people must use Bitcoin/crypto the way it was meant to be used... in  p2p decentralized manner. You should have nothing to do with exchanges that are run like banks, they are completely contrary to the ideals of Bitcoin.

There are couple of interesting decentralized or self-custody exchanges around. With them you have control over your fund and they are more suitable for long-term investments, or for buying dips.
609  Economy / Economics / Re: Crypto should follow Satoshi's vision. on: November 18, 2022, 09:35:09 AM
Last few days we saw making history after Mt.Gox. 55 million people got affected and lots of projects are on the brink of collapse. One of the major ecosystems Solana also having a hard time because of its exposure to FTX and Alameda. Why this is happening?

Satoshi saw a dream of financial freedom by eliminating all middle man. That is why he created bitcoin as peer-to-peer electronic money. But it seems people do not like that freedom which is why centralized exchanges have millions of users and they are playing with people's money. Mt.Gox, FTX, and all other centralized exchanges are the same. They are a threat to crypto. Do not keep your funds in those centralized exchanges. Not your key, not your funds. Dex is the future.



The centralized exchanges and cryptocurrencies are actually part of the problems, but their collapse should not be a problem to the dececentralized ones, it's actually part of the solutions despite the loses to their investors whose funds started becoming worthless the moment they are kept on such exchanges.

Those who build on weak foundation will be affected alone when the house collapses. That should not be a problem to those on solid foundation. Price only went down because of something else rather than exchange issues. And It will be bouncing back very strongly soon
610  Bitcoin / Bitcoin Discussion / Re: The risks of self-custody outweigh the risk of exchanges on: November 17, 2022, 05:00:35 PM
You can greatly reduce the said risk of self-custody by dublicating the copy of your Bitcoin secret keys that's probably inscribed on corrosion-proof metallic objects and hide them in multiple places, preferably buried underground.
 Not good idea to store your secret keys in one place especially if the Bitcoin is very valuable to you.
611  Bitcoin / Bitcoin Discussion / Re: Write a song with your seed phrase on: November 17, 2022, 10:49:04 AM
"I wish I was like you
Easily amused
Find my nest of salt
Everything’s my fault
I'll take all the blame
Aqua sea foam shame
Sunburn freezer burn
Choking on the ashes of her enemy"

- All Apologies by Nirvana

Humans have trouble remembering nonsense like 12 random words, but if you write some lyrics and add the melody to your favorite song, it’s a lot easier. I have no idea what Kurt Cobain is talking about above, but if the melody is good, we can remember any combination of words.

I wouldn't advise people to memorize things like that, especially secret keys that can be used to access valuable private data or assets. People could give them away sub-consciously or in the dream. I have no problem with memorizing public info, or private info that is not too valuable
612  Bitcoin / Bitcoin Discussion / Re: Will "hyperbitcoinization" become a reality? on: November 16, 2022, 10:40:21 AM
For those unaware, "hyperbitcoinization" means the adoption of Bitcoin at a large scale worldwide making it the standard (global) unit of account. In a "hyperbitcoinized" world, you would pay for anything using Bitcoin instead of Fiat. In the past years, Bitcoin's mainstream adoption went up at an accelerated rate. Bitcoin's ever-rising popularity made El Salvador the first country to adopt it as legal tender. As inflation increases at alarming levels, people will seek out for a solution to the problem. And what better way than ditching Fiat in favor of Bitcoin?

What are your thoughts? Do you think we're close to "hyperbitcoinization"? If not, why? What will be of the world without centralized Fiat currencies? Your input will be greatly appreciated. Thank you. Smiley


One of the main reasons Bitcoin was created is to be used to preserve value during the time of uncertainty/chaos. That's exactly what it will be doing in times of global economic crisis, uncertainty and chaos, and I think only few (millions of people rather than billions) will really adopt it. It should be regularly developed to withstand the great challenges it will face in the future for the benefit of the millions.



We are together building a massive Ship that we hope will survive a catastrophic "flood" that will consume the whole world. That ship is Bitcoin.
613  Other / Meta / Re: To comment/post removers on: November 15, 2022, 07:58:14 PM
Just use the third party sites like https://loyce.club/. It has a area for you to look at unedited and deleted posts https://loyce.club/archive/posts/. You can search it might member id or post id. If posts were not deleted this forum would be over run with spam more then it is now.

I do not think topics are moved any where when they are deleted but some mods might send it to the archival board instead of deleting it if it has some historic value but is getting spammed. I think they lock topics to.

Thank you! I really value his/her contributions alot. One of my favorites.
614  Other / Meta / To comment/post removers on: November 15, 2022, 07:44:00 PM
This includes those who self-mod their threads to be able to delete comments made by others.... And possibly those who delete their own threads together with people's posts... I wonder if the latter is even possible, as I have noticed couple of times that threads can't be deleted after awhile.

Why exactly I'm writing this you may ask, well because I prefer to have my posts immutable and the record preserved for the sake of posterity or just so that very valuable information is not deleted or even altered.  If it becomes necessary to delete/change a post, we should atleast have a dublicate that is undeleted/unchanged. It could be archived, unpublished, push it somewhere anyone who is interested could access, push the deleted dublicate to the owner's inbox after one has been deleted, etc.  From what I can tell, this forum handles much of deleted posts in similar manner. But how about threads? Are there sections they are sent to after they're deleted? I think there should be, assuming there aren't yet, so that those who have post they considered valuable can have them saved for the future use.

I honestly don't believe in deleting posts without leaving their duplicate/copies behind. I think the only time I strongly considered deleting people's posts/comments was when I self-modereted couple of my threads, and I would have even archived deleted comments on sites I use for archiving posts/records, then post the links to the archived posts to my self-moderated threads for the future just incase they are needed by anyone for good purposes, like to investigate if the posts were justly deleted, if they of any use etc.

Here are couple of things to know about posts that do not deserve to be wiped off record...they could be used to save lives, they could actually be great contents of historic values etc. Wiping them off records is akin to primitive tribes/people burning great books in the old days because they are afraid of the truth  or don't want to be enlightened for good. Books that make societies better/good must never be destroyed. I'm sure everyone will agree with me that the destroyers of rare, good and very useful things like that deserve punishment. Well, I can guarantee you they are punished for the destruction whether by man or not. So, we should avoid wiping things that could be of great benefit to us/society off record so we don't get punished.
I have had few of my posts deleted in the past...in one of the posts I spoke about "post deletion" ... It was probably deleted and later restored by a forum administrator then moved to Meta from off topic section, or maybe it was just straightly moved to meta (from off topic section) then I assumed it was deleted when I couldn't find it in the off-topic section...i later noticed it was in Meta section. If that post was deleted and later restored, I  commend the one who restored it. I thought an admin with high privilege could have made that decision. I have noticed a superior admin made decision like that or atleast promised to restore post of a forum member who probably don't deserve having the post deleted. If you are reading, consider going through a post of mine that was deleted in off-topic. In it, I gave conditions to work with anyone... part of which include respect of my beliefs, like belief in a CREATOR of the whole  Universe/existence and Mankind. my future coworkers was meant to know that with the CREATOR nothing is impossible... Atleast this will help him/her stay strong when hard-to-believe things begin to happen when we work together as team. To cut this short, the post may have eventually been deleted, probably last year or early this year. I looked for it to share it with someone I was discussing a project with when he started saying things that shouldn't be uttered about my CREATOR and my faith. It will be nice if the post is restored because I intended to use it as part of my Terms and conditions for working with anyone. It was probably deleted as I could not find it when I needed it.


I will very much appreciate it if you consider preserving all deleted posts, assuming this is not done already. Maybe email them to their owners if you are worried about preserving garbage atall in your storage space.







Post Edit History:
Last edited: 20:30 GMT, Nov 15 2022
Post before the edit can be found here: https://archive.ph/3217N
615  Economy / Economics / Re: Has the popularity of bitcoins reduced interest of people in stocks? on: November 15, 2022, 09:02:50 AM
Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.

I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.


Part of the reason for bitcoin popularity is the ease of acquiring it unlike stock. This, coupled with the fact that it's a unique currency with flexible uses and opportunities giving people who know what they are doing more control over their bitcoin and the Network. In regards to the profitability I don't think it's that easy these days unless you really know how to predict the price. I'm not sure I have seen a lot of people acquiring Bitcoin to become rich quickly these days.

If stock is that easy to aquire a lot more people will be into it. The 20-30% annual increase is profitable enough to attract any kind of investor to benefit from profitable investments.
616  Other / Politics & Society / To Russia, hope you now understand you can't do it alone. Now mark this day on: November 14, 2022, 05:42:14 PM
I notice what is currently happening in your battle against your enemies. From my experience so I far, I believe you are only helping to encourage them, with the way you and your media promote or give credit to technologies, to the rich one who is currently working against you, false king of babylon, plus your occasional talks about negotiating with your enemy. All these and others are only making things worse for you. You are like a lion in the midst tortoises who are only able to weaken you through their craftiness rather than their strengths or ingenuity. They understand that the only way to defeat you is to get the ONE helping you to stop helping you. If for example i give you list of things to do or avoid in order to defeat your enemy, they will craftily get you to do the opposite in order to get our CREATOR abondon you, and your protection weakened as a result. I will advise you to completely disconnect from people or things you don't trust. When you want to talk with them make sure it's well publicize so that I will be here praying for your purification and protection. You are stronger in your bubble/shield as long as it's formed/strengthened by your obedience and adherence to the Will of our CREATOR. Mingling with those who are going against HIS Will only weakens the shield.

Always understand that if you are within the Will of our CREATOR, HE Will work for you. For example, when you are in a serious one-on-one combat with your enemies, bullets are deflected or won't penetrate your shield. The sky, water, forest, ground etc also work for you all thanks to the CREATOR who controls them. But when you become disobedient they stop working for you unless grace is on your side. This has been happening since the beginning of your Special Operation but you seem not to understand or you gave credit to your hardware/technology calculations.


Anyway, from now onward (esp now things are not going well for you like before), your enemy & the enemy of our CREATOR will begin to be subdued. When you notice this then you know that it is the Hand of the CREATOR rather than your technology or wisdom. The aim is to gradually move Westward from Donetsk/Lugansk to Kiev/Lvov.  Mark this date so that when it begins to happen you know where who it's coming from.
617  Other / Off-topic / Re: How to escape a fabricated world? on: November 14, 2022, 10:20:56 AM
You have to know what the Real World is like to be able to escape the false one. There is a strong possibility that the entity that controls the false world will implant people with false memories of the real world to deceive them further. I believe the only way to be free is to feed your mind only with the Word of the CREATOR of the real world. When you do this regularly and believe, you will be saved from your imprisonment in the false world.





Real or false World is created by the information/things people consume and believe
618  Bitcoin / Bitcoin Discussion / Re: Bitcoin and the cryptospace is threatened by this legislation backed by Sam on: November 11, 2022, 03:33:50 PM
No, Bitcoin feels safe in our hands and cannot be threatened. The reverse seems to be the case as they are threatened by Bitcoin which is more superior to anything they have created. It's incredibly hard to defeat. They are free to try.
They will only succeed in capturing the centralized  crypto/cryptospace which will be a good thing for the decentralized crypto/crypospace.




I feel sorry for prisoners whose solutions to security problems within their prison wall is to add more security layers that it becomes hard for their children to escape the prison during the time of tyranny. Their children grow up to blame the "deep state" without realizing the system was built by their parent and handed over to "deep state" to keep them "secure". Replace the deep state with satan and you won't be wrong
619  Bitcoin / Bitcoin Discussion / Re: Bitcoin Falls To Sub-$17,000 After the FTX Exchange Demise on: November 11, 2022, 11:17:35 AM
Today Bitcoin fell to below $17,000. How much lower will it go before it bounces back from the fallout?

Twitter of all places was where FTX CEO Sam Bankman-Fried claimed the business was solvent whereas Binance CEO Changpeng Zhao claimed the opposite and pulled out of a potential deal to buy out (or bail out) FTX.

It is looking like a disaster for those that bought Bitcoin for $30,000, $40,000, $50,000+ but what about all those FTX token holders and the losses they will incur, they will be huge too.

Relying on any one exchange to conduct so much business (FTX) has pitfalls when things go wrong as they regularly do. Binance might have the financial might at the moment to be a massive player in crypto but one day the castle CZ built could also crumble. Imagine what the losses would amount to the day Binance gets hacked again.

As for Bitcoin, the price will bounce up and down then steady before the next big news makes the price bounce all over again and the cycle continues.



Typical way of the Defeated Bear trying to create panics and cause the bull to retreate. The bull just gave the bear some space this time around to have certain issues fixed then rush forward in "full force" and chase the bear away
620  Other / Politics & Society / Congrats to the Patriots in Babylon for the outstanding victory on: November 11, 2022, 10:00:49 AM
Congrats on your election victories. I believe we now have more than enough Patriots to fix the issues that concern the Country especially Nov 2020 election which lots of citizens are demanding that justice be done about.
I have no doubt that the large number of winners of the recent election are patriotic people who will work for the good of their country and fix its problems without fear. One of the reasons the fearful ones ignored fixing certain issues that should not be ignored is the fact that they were knowingly/unknowingly involved in the alleged rigging of the 2020 Nov election. Of course, people can be unknowingly used by the enemy who is aware they are being used... That is how bad the system can be to people who are enslaved by it. Many fear going to jail or getting punished hence the silence or unwillingness to expose the evil they were part of. This is why we have considered pardoning those who may have ignorantly rigged or were ignorantly part of the rigging. *If you are afraid to disclose your identity while exposing what really happened, you can do so anonymously. In the end, you will be forgiven for exposing your mistakes, fixing the mistakes and taking corrections.

Always remember that one of the main reason you got elected is to help fix the issue concerning the Nov 2020 election. Useful works have been done already in that regard. Now we need to prove that the works and evidences are actually useful and true. And more investigations should be done in other states in contention using the previous or better methods.
Don't forget that people are in jail for protesting the result. The truth can help vindicate those that do not deserve to be there. Let the truth be known. Congrats once again.





* Note that the Victorious Patriots are mainly those from both major parties that participated in the election.
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