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Wow that is tragic, this poor guy. I hope he can catch a new stream of luck. Gonna have to say a prayer for this fellow 🙏
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I was finally able to buy my house thanks to Bitcoin guys!!!
I had sold some of my BTC back in November 2021, and since that moment I was waiting to find the right opportunity, the right house. Now it's done, I've found it and I am more than happy to know that I own this security.
I had no other FIAT savings, no stock in the stock market, everything of value I own I was able to acquire only through BTC. I know it's not reasonable, nor necessarily intelligent, but heh, when you are born broke and have no diploma, no inheritance, BTC is still one of the few real hopes to improve one's social condition and living conditions. At least from my point of view..
I'm just under 30, and after 5 years of doing ALL IN in BTC I don't regret it.
I started out with just a backpack, a few hundred dollars and an old Thinkpad. I spent hours, dozens of hours reading about BTC and economy, lurking here, without even having an account for most of the time. Back in the time, I had sold some of my BTC after a pump to get a place to live (I mean to be able to rent an stable apartment and stopping to sleep in a fucking Citroen C3, or shitty Airbnbs), to get a degree and especially to buy some Antminers. I've solo mined BCH (yes I know, don't judge me, the difficulty was much lower than BTC and my hashrate was low...) and I had a lot of luck: a lot of blocks.
All these blocks rewards, I instant swapped them for BTC, and I held until the end of 2021, where I secured part of the profits by reselling. I continue to hold the rest of these BTC but those will be used to pay for my future retirement.
All of you here, regular and quality contributors, you and Bitcoin have allowed me to have a degree, a job I love, two years of wonderful travels, and finally the security of a home.
I sincerely want to thank you all, I guess for most of you it doesn't mean much, but some of you helped me change my life, and even all the Merits in the world wouldn't be enough to show my gratitude.
I will spend my time as much as possible to give back to the community, to the begginers starting their Bitcoin journey. I am not the most knowledgeable but I will try to learn more each day, and to share what I know when I could help.
Best thing I've read all week hands down, all month even. This is huge man, I think I can speak for everyone when I say that we are all very proud of you!!! Congratulations on your home and your success. It's very inspirational. |
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Sometimes I wonder if one of my computer science teacher might be Satoshi Nakamoto. 1. One time, one sentence he said to me, which always ghosted through my brain: "Would it not be fantastic if all information in an information system could be kept forever/always ?!" (Something like that) (He looked at me like he really wanted to have my oppinion... and he was unsure of himself... I cannot really remember my answer or reaction, I think I just stayed silent and was a little bit amazed and surprised by this statement/question/action... he also bent around me and looked me really hard in the face with a bent head... like he really wanted to have some kind of answer or something. Personally I was probably thinking something like: "This guy is completely crazy, talks weird... looks weird/funny... hard to understand... the harddisk would just get full... it's probably a stupid idea... but then again maybe it would be nice... but why would you want this ?! They guy didn't seem to be making much sense to me... at the time... I think my silence and slight rejection of him... just made him a bit frustrated or something lol... wtf was he talking about lol.) 2. Plus he was also a foreigner looking person, chinese or japanese, was very hard to understand ! LOL. 3. He did design computer system for a library... so he a software architect and/or programmer... and/or database specialist. Strange isn't it ?! (Unfortunately I am not very good with names...) I might still have some documentation that might have his name on it, but the chance is kinda slim and I don't want to bother searching it for now in one of my old boxes... but if you must know here is some information on him: Country: The Netherlands South part of the country, limburg/Heerlen, IT studies Heerlen. Now you have something to go on !  Lol this is grand. Because your IT professor stated that it would be great to have all information in a system kept forever you think he is Satoshi. Lmfao that's called the internet and doesn't even remotely come close to anywhere near a lead to Satoshi Nakamoto. You are too nieave my friend, but it is a wonderful fantasy you have. This is more so wishful thinking. |
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If you're young and haven't inherited a property from your ancestors, chances are that you're forced to rent. Personally, I've been renting for over 6 years and have been living with my girlfriend for the last 4, sharing rent and utilities. Overall, we've both spent over €25,000 together, and after spending all this money, you're practically left with nothing and may be subject to looking for a new house at any moment.
The average rent for a one-bedroom apartment is between €300 and €400 at best; thus, I was thinking that taking a loan is as costly as paying rent per month, but after 15-20 years, you end up with a house. My main concerns are the following: First, if you're in a long-term relationship like myself, you can never be 100% sure that you'll be with that person in 20 or 30 years from now, which might prevent you from opting for a loan. Secondly, you need to be certain that the location or city of the property to be bought is convenient for future job offers and so on. Thirdly, because a loan is a many-year commitment, there's no guarantee that you'll be able to afford the monthly payment 15 years from now.
On top of that, finding the ideal house as a renter is almost impossible; there's a lack of housing, and rents are extremely expensive and unreasonable at the same time. We had a difficult time finding a house recently, and it's far from ideal. There is now a new government-funded loan program that is about to start, funding up to 75% of the loan interest-free while the rest is funded by private banks and is subject to a relatively low interest rate. This led me to think about taking a loan and purchasing an average two-bedroom apartment, but I have the concerns that I voiced earlier.
Such a great question. There is no direct answer for this because the topic is entirely subjective on one's financial state. You have been forced to rent due to high costs due to inflationary pressure and other factors (that are entirely outside of your control, given your circumstances). In the US Private Equity has done a full on rug pull on the housing market for the millennial generation and all generations before them. This is because they foresaw all of this coming. The collapsing of the banks, and all markets. They are smart, and ruthless, and it has always been their goal to make us their slaves. I was fortunate to be ahead of the game and work hard in my early 20s to be able to afford a house 5 years ago. Now what I pay for my mortgage basically is what others are paying for rent living in an apartment. I hope to not come across as bragging, because I'm not. I'm glad that I listened to my wife because I wanted to continue to rent for the foreseeable future but was convinced otherwise, that and I wanted to make my wife happy. Just know that you can overcome whatever the price is to buy whatever home you want, because today you're still breathing. You're blessed and your greatest assets are your heath and the ability to generate as much income as you possibly can overtime |
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Here is my update. You all saw my last post, which I will update with my link to the post *here* (when I get around to it.) So much has recently transpired in my life as of late. I lost my job for one early last month, after investing 7 years of my life building my own 1.5 million dollar book of business for the billionaire I was working for. It felt so good to he freed. When I was let go I honestly wanted to thank my boss for firing me, because I am loyal, I might have stayed there my whole life. It's hard leaving the kingdom you build yourself. This past month and a half I've had the chance to breathe again, to breath life into myself. And to take deep breaths, to meditate and to pray, and to be thankful for what I do have. My family my friends and most importantly my GOD. Jesus Christ my savior and my refuge, my strength and rock. I feel sorry for those who do not have this same HOPE that I possess. This is so key. Do. What. You. Love. Recently I have decided to go ALL IN on my PASSION. Which is: High End Numismatics. I hated my old telecom job, this one is so much better. The potential is there. I am now working for one of the most reputable coin dealers in the business dealing with intrinsically valuable gold and silver graded and raw coinage. I negotiated a 3 month contract on my terms with the owner because I need to make ends meet until I can get this new book of business on its own two legs. THIS IS NOT GOING TO BE EASY AT FIRST. I MADE 190 SALES PHONE CALLS TODAY TO GREAT PAID FOR LEADS WHO HAVE SHOWN INTEREST. SO WISH ME LUCK, IF YOU WOULD. AND FOR THE LOVE OF BEING MADE WHOLE PLEASE DIRECT ONLY YOUR POSITIVE ENERGY MY WAY. THAT IS ALL. Thanks for reading. GOD BLESS YOU ALL. CHEERS TREAD93 P.s. Please remember that you are all children of the most high GOD. Whether you know it or not. We literally conduct and produce ELECTRICITY. Act as such and change your life. All you need to do is tune into the right frequency.... These are some of my fire songs I've been listening to in these times in my life, I like all genres and my style of music is so diverse. I hope you like this selection (on a separate note does anyone know of a good "safe link checker https://open.spotify.com/track/7wB5Ktf3MbsbNRgEDI5B80?si=CbK-NcmMQ5WsvkWIR97Q5whttps://open.spotify.com/track/3oo0gWqWLyS7H0tFJsoPk9?si=81J0H3KQSSeoAXHIGahSlQhttps://open.spotify.com/track/3NrMppEmrfhrz9OXaUejp7?si=_Ntuvf2_SySDy9hOenq3TAhttps://open.spotify.com/track/5A9ctbShMyrhJqLqW0G1lB?si=O0oiuKzWT_-cyCOKkVFVDwhttps://open.spotify.com/track/0NNSpmyyr0I4lrMaXS8Tba?si=zsTK-_stQpy7D_tlYfh6owhttps://open.spotify.com/track/1qRA5BS78u3gME0loMl9AA?si=1EEk6J9JRXOzdfAuAewB-Qhttps://open.spotify.com/track/4EchqUKQ3qAQuRNKmeIpnf?si=YLcBkcLhSQWhhRRaxzp-oghttps://open.spotify.com/track/0iGxZGzLvHteQQMY1WknGc?si=NVwFuHXNQhOCmae_-NASQghttps://open.spotify.com/track/0UrWr7Jnu1heq1o99ZwUd0?si=GrRk9CkUQQmsJjM_XyKpdwhttps://open.spotify.com/track/4sx6NRwL6Ol3V6m9exwGlQ?si=KLfOZ5HRRzuX_-QxvptY0whttps://open.spotify.com/track/3CLSHJv5aUROAN2vfOyCOh?si=cfooPEmRQUmxpDZpKdX8kQhttps://open.spotify.com/track/4xkOaSrkexMciUUogZKVTS?si=OvXd3axrSMyuVHjB5u3gfAhttps://open.spotify.com/track/0xXKBial2Oc7HnRoAqOzT8?si=WHinrficQLinSjjV7cFwDAhttps://open.spotify.com/track/3fsT6VEOxJz3j8cqhzK19Y?si=gPzvyG32RR6XNg6Xsg6eHghttps://open.spotify.com/track/7dFGkZbmm6cVlI28bfMaWE?si=AmF6EQ5qRPqKsR--RUXx6Ahttps://open.spotify.com/track/5KcdBjc264XoWCm7KYiXRO?si=gWxmPoFkS3Sfw-iCfkHhNAhttps://open.spotify.com/track/4h9wh7iOZ0GGn8QVp4RAOB?si=n98zaF0STnG4Unb8RxSeUwhttps://open.spotify.com/track/3H8Sn0mYsZMPPlMCbebOJ5?si=Vq_f5qimTuSJ0-aP2Led_Q |
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Fall of the Banking system is actually the Rise of Bitcoin The traditional banking system is about to end and there is no doubt about it. One after the other the banks are daying on their own doing. The failure of the banking system can arise a new Chaios in the financial market and it's happening from the start of 2023. The recent incidents attracted many analysts to propose a new solution to the financial crisis and their ending solution for each problem is Bitcoin I think this can help us in many ways. Finally, with Bitcoin the worst-interest banking system will come to end, USD was considered the universal currency which is the root of all the problems currently we are facing. Let's learn first the basic point of how BTC is the best solution. How Bitcoin is the Best solution- First, the replacement of the USD when any country will propose its own currency can start a big conflict between major nations and the consequences of that battle are not going to be good. Bitcoin is a totally decentralized asset under nobody's control so it can prevent the above crisis.
- We have already seen how USD destroyed the Small nation's economies as their first mistake was using the USD as their reserves now US government recently announced printing $2T again and for a long time US government is printing money for no reason blindly and they are ignoring the future consequences for the solution of current problems. Bitcoin BTC has a fixed and limited supply so it can prevent the devaluation of the assets.
Considering just these two basic points we can say that it's the golden time for the Bticin to shine in this Bull run and become a true store of value and global currency. Bitcoin can rise upto the $1M valuation in 3 Months this is the theory presented by the BalaJii and I think it's not that easy but still it's possible till the end of this Bull Run with huge developments at least BTC can set it as a base goal for next Halving.
But HowBalaJii .. this guy has explained many points but in my view, for the coming days, Bull run his theory somehow justifies some base points. such as; - Bitcoin market was under pressure for a long time due to CPI and Intrest reports even the whole stock market was under pressure due to the last few moth economic developments. But now if the US government stops increasing interest rates in the next months the risk investment markets especially Bitcoin will attract investors for future opportunities.
- As US government decided to print $2T and also update it on the Balance sheet which is indicating Quantitative easing in the coming month where a major part of this easing will be going to be part of the Crypto market and China has already announced Hong Kong official Trading Hub for the crypto market from the month of June
- banks Actually lost the confidence of the customers/users as after a few months back developments I am not sure that my saving is safe in banks and even its continuously devaluating so I will definitely prefer the alternatives and Crypto is the best option is not just a thing to say in reality now people are clear where they need to store their assets
Concluding the reports, analysis, and current economic situation I think now Bitcoin value dream of a trader to $1M has became a living reality its not far from us but still, there is time, but I am not sure how much. Balaji Thread is good but his timestamp seems weird as I don't think in just 90 days these developments are possible. Note: This topic idea is after reading the twitter Thread and all the points discussed are based on my personal views so i might be wrong. I saw that tweet, have to say that is a wild time frame as well. Apparently he has been correct on a lot of things, only time will tell.... |
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I watch a popular breakfast show every morning and they always have a section where they talk about money matters. Yesterday, they talked about Crypto currencies and the guest mentioned several Ponzi schemes where Bitcoin was used as a payment option.
These Ponzi schemes collapsed and according to him ....many people lost money in Bitcoin. They have a WhatsApp group for the program and I immediately corrected that statement, because people did not lose money in Bitcoin.... they lost money in a Ponzi scheme that used Bitcoin as a payment option.
Now, this does not sound very important, but it actually are one of the most critical things that needs to be addressed. We should counter all of these misinformed people, with education on what Bitcoin is, because they lose money on Ponzi schemes and then they blame it on Bitcoin.
Agreed, BTC takes the blows to the uneducated. It was and is certainly used to carry out many schemes, but arguably so is USD and every other form of currency pretty much, and those deal types in cold hard cash aren't able to be tracked. Bitcoin leaves a bit trail! I mean there are ways to be more anonymous though mixers and the likes but there is always a way to trace back, correct me if I'm wrong here. |
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Planting a tree and investing in bitcoins should wait a certain period of time. To plant a tree, first buy it from the market. Then you have to plant. Then the tree slowly grew and its branches grew. Nothing can come from that tree without waiting for a long time. After planting a tree, one has to wait for 5-7 years to get any yield from the tree. And if patience is lost before that, if the tree is cut down, then nothing much can come from the tree. So we should wait a long time like planting a tree. Similarly we have to wait by investing Bitcoin. But we know what Bitcoin used to be and what it is now. It will be bigger in the future. So don't we think about the future? Of course I will. Invest in Bitcoin with the future in mind. For example, a tree bears fruit after a long period of time. Bitcoin will also fulfill our hopes. So those who are or will be investing in Bitcoin will have to wait a little longer. And the result of waiting will be beautiful. Good luck to you. thank you Great analogy, you must give it time to grow to bear much fruit! Especially during a bear market ;P I think an actual bitcoin garden and bitcoin tree like a Japanese bonzai custom made to be bitcoin themed would be epic. You just gave me a fun idea there |
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**** OPENING 16th September ****
Hey, Not sure where best to post this really but I am working to open a Bitcoin Hub in the UK which will be based in Bury, Greater Manchester. Our goal is to Educate and onboard users into the Bitcoin space, of course we will be an actual business so will also be taking dirty fiat to pay the bills and suppliers! We’ll have weekly workshops, a lightning bar, a lightning arcade, art space (Yes NFTs!), a custom lightning drinks menu (Including Brave Bull, Minetini, Gold rush etc) and plenty more on the planning! Currently funding will cover us to open 3 days a week, probably 16:30/17:00 to 22:30 Friday, Saturday, Sunday. The workshop and event schedule will be added to our site (and updated here) once we are open. I’ve been screwed many times by the banks and expect to be again but my thought is that we’ll need this eventually so why not now! This is the website: https://satoshisplace.co.uk/    This is the twitter: https://twitter.com/satoshisplaceukThe final parts to take place & complete before we can set an opening date: - Interviews, essential is Bar staff but we’d ideally hiring a chef aswell - Funding to buy some final equip, projector/screen & laptops are essential but TVs, custom beers & outdoor signage are ideal - Fibre install (Up to 28 day install time) Ideally we’d like the Fibre setup before opening as this is a USP for hot-desking, for visitors and we think a must for workshops. Wow, this is incredible m8! We need more brick and mortar bitcoin themed places and this is fantastic for educational purposes and adoption, and just pure fun! I wish you wild success here m8, good luck! |
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For long now I have been reading lots of interesting testimonies around the forum about their experience and achievement they made through bitcoin progress. Something very important came into me to know how do you feels whenever someone said of their investment and how it yielded and they made fortune out of it.
Do you feels your late getting involved to the industry and do you wishes to be like them, and if you were in their shoes would you be able to utilize those opportunity they got or you won't afford to bear the risk and get involved?
Lets discuss wisely and get the best from ourselves.
Do I wish I could have bought 250 coins for $20 when I had the chance? Well now I don't know, life wouldn't be the same at all! I'm just happy that I woke up today. It's not a good idea to dwell on the woulda coulda shoulda |
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Hey man, everyone is entitled to their own opinion. I assure you that this conversation happened. Think whatever you want to think, I don't have time to convince you. This is my life, and the things that transpire in it I have little control over. Particularly with the people that I meet, I never expected to have this conversation. And to shed more light on this we were only in the sauna for 10 minutes because the LA was closing and we continued the conversation out front after 10pm when it closed. The only thing that I can say, is that if this man was a con man he was pretty good one. He had photo evidence of himself with the queen of england, putin, the golden dragon, and so much more. He was showing me crazy pictures of himself in rooms full of gold, and boxes filled with trillions of dollars worth of goverment bonds. I can't make this shit up lol. He did mention he was a truste for all the royal families. All wild stuff, and why the heck would he be telling some random stranger he met in the sauna all this? Beats me man. He did mention he has nobody to talk about any of this, and he felt good about my energy so maybe thats why? lol idk man. But I appreciate your concern here Lucius, i'm trying to live in the real world here and go about my business. Every day the real world gets crazier and crazier!
Of course, why not spice up this fantasy of yours with a few more juicy details - why didn't you ask him to show you pictures of him and Satoshi Nakamoto at the time when they were creating Bitcoin together? I don't know what kind of drugs you're on, but I have no doubt that you made this all up, and some members seem to like your fabrications. The next time you go to a sauna or a similar place, take a good look around you, maybe you'll see Elvis, or the US president will invite you to lunch at the White House. All this, of course, because of your special energy - sorry, I don't feel it, just a lot of bullshit... I'm sorry m8 I just can't help but picture you as the Lucius Malfoy from Harry Potter and reading your comments in his voice lmao. I do have a pretty wild imagination but I'm not making this stuff up I can assure you and im not on drugs. What I can say is that I didn't even really scratch the surface on all of what was said in this post. Basically this dude claimed to be a financial officer that managed 8 world banks for a trust owned by you guessed it tha nati. The trust operates in the Cook Islands or something and is called the f1ve st4r tru5t. Look it up on Google without my fancy way of jotting it down. There was a script from a US court case on the SWIFT bank archives I dug into after this meeting this bloke for a court case involving the CIA and George Bush Sr.vs. the head of this trust ruling in favor of Bush and the CIA, nobody knows this stuff. Not that that really had anything to do with the contents of his claims about the CIA making BTC but just was interesting to go down that rabbit hole. He said Bush senior was and I quote "Worse than Hitler" He also spoke on covid and how the Vax basically turns people into a cell phone making you a receptor for 5G and how they are literally coding people right now. It changes their DNA, with all the high metal content that's in it, just crazy wild s$!t I could go on lol dude honestly probably was on a week long bender or something. Like I said it was entertaining. Will definitely keep an eye out for Elvis and Satoshi tho! |
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I have seen it said in several places that this marks the beginning of another big crisis like the one in 2007. The worst thing if this is true is that we are already coming from an inflationary crisis, instead of like in 2007 when we were coming from a boom. In any case, we will soon see how this plays out. Starting today and in the coming weeks. Silver and Gold are being purchased like crazy, and people are buying more Bitcoin too the price is going up as we speak. What an insane week for the markets. Surely BTC has a chance for a huge upswing. I mean honestly this is looking very BULLISH for BTC, is it not?
Gold? Gold price has been practically flat for more than a year, and the recent rise of bitcoin price can be due to multiple causes. It is 1% in the last 24 hours, which means nothing. The problem is that we have been in a scenario that seems ideal for bitcoin for some time now and the price of bitcoin has been falling steadily. The opposite of what we thought would happen in a high inflation crisis. In the end, the price of bitcoin is measured in dollars, and if there are fewer dollars available due to tightening policies, people invest less and even sell to get fiat, which means that the prices of gold, bitcoin and shares fall, which is what has happened. I would like to see the price of bitcoin start to go up like a rocket from tomorrow, but I don't think we will see impressive price rises during 2023, let alone break 69,000 USD until after the next halving. Man, wouldn't we all love to see 69k again that would be inredible, which we definitely will. Right now people are scared, hence the bank runs. If this continues we may see a nice run on gold and silver as a way to hedge and store of value. Metals exchanges are running out due to the increased demand caused by all the bank FUD. I do think it's odd that these seemingly great conditions for BTC to rise haven't sparked a huge rise in price. Maybe you're right though maybe the next halving is the next stop for a new ATH, which I think everyone is thinking. But if BTC can't rise to the occasion in these conditions I guess anything can happen. Where's a pro Elon Musk BTC tweet when we need it lmao 🤣 |
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The global economy is facing a crisis of inflation and other internal financial crisis, such as what we are witnessing right now with recent bad occurrences around the world in Turkey and Syria a lot of people have been mad homeless and government infrastructures such as banks have been destroyed as a result of the earthquake and other natural and man made disasters that has happened in various regions.
This situation has forced many into financial hardship and the unavailability of financial institutions and services, in fact in some countries a lot of financial crisis is currently being experienced.
With most depositors no longer have access to their money through to the high centralization of the financial institutions leaving all the power over their finances in the hand of the central banks.
This crisis has forced many to start looking for an alternative way to save the money, and bitcoin is the best store of value at this point, with Bitcoin, you have total control over your finances and Bitcoin help to reduce the bank to becoming just a Junction or bus stops were our money can just pass through to carry out a transaction or exchange aside from that.
Bitcoin is the best alternative way to save money, with Bitcoin you have control over your savings because it's your wallet and your key and you are your banks!
Right now besides precious metals Bitcoin is our best bet! Nobody can stop us from accessing coin, so long as you're not hacked. A future without BTC looks grim, and thankfully BTC is here to stay! |
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I have been reading up on the collapse of Silicon Valley Bank and the FED's response to handling the dire situation. A report from Bloomberg states: "US financial regulators moved on Sunday to protect depositors’ funds following the collapse of Silicon Valley Bank and set up a new financial backstop, seeking to stem fears that households and businesses would flee smaller lenders." https://www.bloomberg.com/news/articles/2023-03-12/us-moves-to-help-depositors-offer-bank-backstop-in-wake-of-svb?leadSource=uverify%20wallQuite chilling to hear that this is happening at a time of sky-high interest rates and general financial turmoil. What do you guys think the fallout will be like on Monday when markets open and what effect would this collapse have on Bitcoin? Bitcoin of course, conceived following the 08 crisis is built to bypass this sort of thing, "financial backstops". You would think that BTC would go up in times like this, we can only hope! At least it looks to he going up rn, HODL!!! |
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The title sounds all too familiar, doesnt it? We are seeing this in real time and its pretty wild! This is one of the main reasons that Bitcoin was created, to create an alternative to the fiat trash money. Tomorrow morning President Biden will speak on the 2 bank collapses that happed in the past week, and of course he is going to follow in Janet Yellens footsteps assuring that the US Government will bail the failed banks out and that all the depositors money is safe, but with what money? The printers are running nonstop, they have to be. The US defaulted on their debt recently, I mean all the conditions are not looking great for USD.
Are we seeing the beginning of the domino affect on US AND ALL GLOBAL BANKS?! Is the USD going to finally collapse? I don't think just yet, the FED is going to pull some strings to delay yet again but how much longer can they hold up the inevitable?
Silver and Gold are being purchased like crazy, and people are buying more Bitcoin too the price is going up as we speak. What an insane week for the markets. Surely BTC has a chance for a huge upswing. I mean honestly this is looking very BULLISH for BTC, is it not?
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There are a couple of moderately interesting developments with PCGS:
1. They graded some Satori coins. They chose to actually grade them too versus going the route of ICG which just verifies that it is authentic
2. A Denarium was graded for the first time. So, this bumps the the coins they are willing to grade up to 5 (Cas, Lealana, BTCC, Satori, Denarium). I heard they rejected quite a few others, including CI coins.
3. There was some reluctance in the past with Buyer Funded / Unfunded coins. I tried to get a couple of Lealana Buyer Funded graded last year and they were rejected. PCGS recently graded a ton of Buyer funded coins.
Steeley
I have personally called NGC out for not grading crypto tokens, sheesh when will the best grading company finally come to their senses, EH? Years ago they told me that they weren't "real coins" back in 2018, and then shortly after they started grading those big Mac coins from McDonald's hahaha 😆 |
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Yo, that's a dope question you've thrown down. Hypotheticaly, a badass AI comp with infinite computational muscle could try to jack into the Bitcoin Core protocoll and tweak the transactional deets. But when it comes down to the reel deal, it's a slim chance of success, my dude. The Bitcoin net is locked down by some mad complex crypto algorithim that needs a whole ton of processin power to bust through.
Not only that, but like u said, you'd need a 51% attack or more to pull this off, and it's unlikely anyone homie could gather up that much mining power. Plus, the Bitcoin community is always tweakin their security game to keep any possible attaks at bay. So while we gotta stay sharp, it's crazy unlikely that some powerful AI comp could hack the Bitcien net, my friend.
Yeah you're probably right, I mean nothing is impossible though right? Look all I'm saying is that the rate of computational power is still doubling every 2 years if I'm not mistaken. Bitcoin will here in 2123, still on the last percentage of mining if I'm also not mistaken there also. In 100 years there is no telling what can be done or where progress will be in this industry and really everything in general. None of us will even be here, which is so wild to even think about. If anything though, this would definitely make for an epic movie though right ?! hHahha I'd watch it. |
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I think we cant say passing yo your inheritance secretly isnt legitimate since Bitcoin is decentralized and not property of government though converting it to fiat might require some taxes so its still a buzz fot being legit.
The better way is to teach your children when they become bigger how to use or unlock it on their own so they knew how to get your money when you died or accidentally gone. Or yet tell someone you trusted like close family member to keep that also and give it to your kids if ever something happened on you.
OPs idea is quite alright but I believe as time goes on there would be innovation of such kind. Back to heir to bitcoin, I believe every parents have that one child that is very close to them which they could trust to be able to handle situations in their absence or not. Atleast, telling that child the whereabouts of your digital assets example bitcoin could help alot because if something happens to you as the holder of the asset, your family can be able to assess it and maybe use it for better purpose in the running if expenses but it will be bad that you had such a digital asset and yet no one knows about it after the owner must have passed on and if the family might be in need or support for survival mean while their father had such amount in bitcoin stashed up some where without the knowledge of the family. It is very bad though. I would advise as a father, do well to tell that child of yours dear to you of the whereabouts of your assets so they could keep track of it based on your written instructions. Agreed, someone would do well with a set of instructions. I still think a treasure map of some sort would be so fitting, leaving clues that only your heirs would know. Some kind of Cypher or something that leads to the "treasure" but then again if you died and they lost it or forget about it then there goes the lot. I do think that in regards to a trust or another way to successfuly transfer the knowledge of the whereabouts of the coins to your heirs securely and successfully thay these types of solutions will come with time. |
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~snip~ That's never happened to me and I don't know what to think of the whole story either, but it's very entertaining, even if it sounds a lot like a conspiracy theory. If you meet this man there again, tell him to register here in the forum and provide some evidence as to who created bitcoin. Either way, I've read a few times that some people believe bitcoin was created by the CIA. But nobody had proof of it and it wasn't really credible either. Anyway, thanks for sharing this story with us.  Gavin Andresen went to do a talk to the CIA to do a talk about Bitcoin in 2011: http://gavinandresen.ninja/eleven-years-ago-todayIt would be a bit weird if they created it and then they're asking someone else to explain what's it all about. I mean honestly it's a great cover up though isn't it? Then no one would question it... Maybe they played both sides of the coin there, maybe not, we won't ever know for sure. I do love a good conspiracy theory, seems like many have come true as of late, particularly the ones surrounding Covid-19 |
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So here was a very intriguing encounter that I had, about 3 or 4 months ago. I was in the sauna in LA fitness and it was just me and one other guy in there. All of the sudden he started talking to me, had some very positive things to say about my "energy" he said he liked my energy and that he could tell that I had some big things in store in my future. Very intrigued I questioned him on this and asked him what he did for a living. He told me " Its my job to usher in the next payment system into the world". After talking to him more and more about it, it turned out that this guy was traveling country to country making huge deals in BTC with high ranking government officials. He kept saying that its his job to keep BTC in "Sovereign hands" I found this all very interesting.
He elaborated some more saying that the CIA was the group that really created BTC. He went on to speak about the white hats and the black hats in the CIA, aka the good guys and the bad guys, and that basically the whole agency was at war with itself. Crazy wild stuff here. Just an average day out at the gym for me, lmao. Anyhow, I finally got a chance to write it down and talk about it. I could go way more in depth but I don't want to sound crazy here, a lot of what was mentioned truly had me a little taken back. Like what if what he was saying was true, he said that the best way to play the field is to play both sides of the coin, to ensure your success, because then at that point no matter what you would do you would win. I don't know if anything what he said was true that night, but i'll tell you one thing, it sure was entertaining.
Has anyone else had any strange encounters like this?
It seems to me that you have a very vivid imagination and that you are selling us stories for small children - because your story is nothing but a poorly conceived fantasy. Given that you have already had strange topics involving drugs, lost friends and multi-million dollar deals, I would say that this story is constructed on old conspiracy theories that some three-letter agency invented Bitcoin - and now some strange people are walking around fitness centers and reveal top secrets to complete strangers - don't make fun of us, we're not all that naive. Hey man, everyone is entitled to their own opinion. I assure you that this conversation happened. Think whatever you want to think, I don't have time to convince you. This is my life, and the things that transpire in it I have little control over. Particularly with the people that I meet, I never expected to have this conversation. And to shed more light on this we were only in the sauna for 10 minutes because the LA was closing and we continued the conversation out front after 10pm when it closed. The only thing that I can say, is that if this man was a con man he was pretty good one. He had photo evidence of himself with the queen of england, putin, the golden dragon, and so much more. He was showing me crazy pictures of himself in rooms full of gold, and boxes filled with trillions of dollars worth of goverment bonds. I can't make this shit up lol. He did mention he was a truste for all the royal families. All wild stuff, and why the heck would he be telling some random stranger he met in the sauna all this? Beats me man. He did mention he has nobody to talk about any of this, and he felt good about my energy so maybe thats why? lol idk man. But I appreciate your concern here Lucius, i'm trying to live in the real world here and go about my business. Every day the real world gets crazier and crazier! |
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