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I miss proudhon's math and science revelations.
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The bitcoin ecosystem is way too mature to crush the price down that bad. If all the relevant bitcoin performance metrics keep staying healthy and keep rising I don't think we will ever see 5K ever again. Also, never forget how big the bitcoin business industry is: if we are here today it's thanks to all those who contributed in the last 12 years. This is the main reason I keep suggesting all my noob friends to never consider altcoin and start accumulating bitcoin only. I wish it would go back to 5K to buy more, but that is useless wishful thinking  |
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HeRetiK, you have a point there but the GME fiasco could have been much more than some fun. This whole series of events showed how rigged the financial world is: we've always said it was rigged but this time there is also evidence of how rigged it was. I found Musk's Clubhouse session on the topic quite revealing https://www.youtube.com/watch?v=8-tqDt_TKtII think this will be remembered as a failed opportunity to expose the truth behind WS. |
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To change a quote from Forrest Gump "money is as money does".
I can use bitcoin to pay for goods and services, therefore bitcoin is money to me; it clearly has money properties. Of course, the fact that its value changes wildly over time doesn't make it very appealing for long-term bindind contracts and agreement like Lucius explained but, hey, I can use bitcoin if I want.
Only one very last thing: I haven't read anywhere in the past that bitcoin wanted to be an alternative to the dollar and IMHO bitcoin was never invented to be that.
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Let's move to Miami then!  I was so happy when I received 20% of my salary in BTC back in 2017. I shouldn't have changed my previous employer (who I introduced to Bitcoin back then). I felt like a pioneer during those very early days. Times are really changing if a city council starts considering bitcoin to pay people's wages. When need more key institutional people doing the same to bring bitcoin to the masses. |
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There are no strategies, you better try your luck on a single bet and live with it.  You mean putting everything in one bet and let luck decide if you will win or not, it takes away the fun part if you lose by one game, I prefer losing in long bets it's more exciting and fun, sure you are eventually going to lose unless you know how to stop in the right time, but you want to lose while having fun than lose without in a short period of time. The important part is that there are no strategies that will give users any advantage over casinos and their house edge. Everyone's free to have fun! I was also having fun when I was playing but I was getting the (wrong) feeling that I was able to win the house. I just fooled myself. Remember, fun or not, you will never know when is the right time to stop |
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Real Madrid will focus on the Champions League. This has already happened. They were 10-13 points behind Barcelona and won the Champions League at the end of the season. But now they are unlikely to succeed. Those who want to win a lot more. And other teams have more strength will be.
It is unlikely that Real Madrid are able to achieve anything this season; i suppose coach Zidane should just focus on getting a top four position. Everything is wrong about Madrid; the attackers cannot score or create chances; the midfields cannot dominate a match; and the defensive line is one attack away from conceding; it remains to be seen if the players can turn their poor form around Yes, looking at the standings at this point in time, it is difficult to imagine that someone from other clubs will be able to compete with Atletico Madrid who has gained cruising speed. It will be interesting to see how the club's management reacts to Real Madrid's 4th place in the league and relegation from the Champions League, as well as whether Zidane will remain as head coach, given the club's always huge ambitions. It is unlikely that Zidane will stay in Real Madrid. A great coach is needed. There are rumors that Flick wants to leave Bayern at the end of the season. He will be an excellent coach for Real. He works well with older players and young ones. Just what Real Madrid needs for this moment. moment. Many say that Zinedine's time at Real Madrid is over and to me that would be ok. He was great there and now the time is ripe for him to search fro some new challenges somewhere else as he can clearly can't do much more at Real. He won everything that could be won with Real, three Champions League in a row. It's time to take some time off, rethink his priorities and start afresh somewhere else. Maybe at Juventus? |
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Do you know what's the worst strategy of all? It's the one the works more on a longer time frame. I used a strategy on crypto gaems a while ago and I ended up having a very good profit of more than 5btc at some point. I believed my strategy was great as it was also running on the bot without me doing anything. I was getting an average of 0.1btc a day, not bad at all right? Then the first losing streak came and I lost 1btc altogether. I kept on playing, not changing the strategy, and the next day I lost another one. And I kept losing until I drained my balance. There are no strategies, you better try your luck on a single bet and live with it. |
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This is the first in a series of posts about about covenants in Bitcoin using Taproot and a (hypothetical) CAT opcode. Historically, and as has been implemented in Elements, CAT has been considered to be a covenant opcode only in conjunction with CHECKSIGFROMSTACK. In this post, which will be much mathier than later ones, we'll talk about how to abuse the math of Schnorr signatures to emulate the functionality of CHECKSIGFROMSTACK. https://medium.com/blockstream/cat-and-schnorr-tricks-i-faf1b59bd298Interesting, particularly where the author himself ask a revelant question here are these sighash-templating covenants powerful enough to actually do anything, given the consensus limits of Script? After reading that article I remember a discussion I read on that specific matter on the bitcoin dev mailing list that can be found here https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2019-May/016996.htmlWould be interested to read a few comments on this by some of you guys. |
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Authoritarians around the world who don't trust their citizens to make their own decisions, but more importantly, they want to control them. They want to control their speech speech and their money. Fascists do it privately like FB, Twitter etc, and socialists/communists in government do it like this.
Could they do it? Perhaps they could scare some people, but the smart ones now are buying bitcoin so that when the gunmen who are trying to control India go for the bank accounts even more (e.g. like banning big notes in 2016), they'll have assets that are out of reach of them.
There's going to be some trouble in the future because of that. The Nazi could rob and seize gold as it was clearly visible and physical (you could have saved just a few small jewels or some coins) and we all know that it can't be don with bitcoin (not knowing where to search and what to look for). Imagine the day they will come after our coins: could you be so sure you can save them from the gov prying eyes? If the bitcoin ecosystem doesn't grow in scale and in usability (decentralized exchanges, widespread adoption of coinjoins and LN ...) it'll be very hard to be able to even use bitcoin in the real life. An hostile environment will relegate bitcoin to a world where very few will know how to make the best out of it. Sounds like the Matrix uh ? |
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I don't know where you live but if you are in a third world country, I don't think you are seeing those people. All of the money they are earning is going all around to their family. They are more focused on earning for their family not just because it is not enough but because that is the only thing they can do. Most of the people I know can't even buy things for themselves. They work themselves to death just to give their family food.
$30 in our country is a huge amount that can feed their family in a week. They don't have any technologies in their houses except for radios and keypad phones that are given by their neighbor. They aren't literate about technologies. To be honest, I tried talking to them about investing, as they say, teach a man how to fish, something like that but he said that their funds are not even enough to go around the family, obviously, he can't afford to lose it to investments because, to be honest, we are not all like you that earned so quickly. It will not be the same thing for all of us that would earn the same as you.
I live in one of those nations, 30 dollars may not be good enough for one week of feeding a family because things are quite expensive here but the salaries are that low and even though we do not earn more than 40-50 bucks a week, we pay more than 30 dollars a week just on food, so finance is horrible here and there are people starving and even committing suicide for being too poor and can't find a way out. However I have learned long time ago that if you can work and have a normal life, as in if you have a job at a place with a salary, that means whatever you earn from crypto world would be side income that you do not put into regular life. I had horrible days, I had days when I literally didn't have money for dinner, I just slept early without eating, but yet I didn't cashed my coins out, I just used my salary for expenses and I used crypto income for investment and now I have a decent amount thanks to that, I am going to keep investing until I can buy a home. Truth coming from your words. Those days and those circumstances allowed you to learn a difficult lesson but you made it through which is all what matters. I don't think bitcoin was designed neither to help the poor nor to facilitate the richer, even though I am sure that if you understand why it was created in the first place you can do something good about, which is your case. Keep it up, slowly stacking sats and prepare for the future as I believe the best is yet to come. |
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Crypto exchanges become our new economic pillars that control transfer into and out of the financial matrix as people desperately attempt to secure a handful of Satoshis, as the price of a full Bitcoin moves completely out of sight.
If that is the scenario of the future, where DEXes will not play a central role in crypto trading and exchanging I'd rather be out of the game. I already try to rely less than zero on centralized exchanges. I simply don't trust them anymore with my precious coins and I hope for always better decentralized exchanges to solve this nasty middleman problem. I want to be able to use my coins as freely as possible while retaining the possession of my keys. I am sorry but I can't see a future where we still rely on crypto exchanges when we can do without. |
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Username: Karartma1
Post Count: 4882
BTC Address (must be SegWit): bc1q4qap4eku5zdn226m4lwftwsqh29kqth0mndm46
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Now I understand. I felt like a noob really. Should stop reading Forbes. |
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Forbes.....LULZ They just don't understand how BTC works & are only capable of thinking in terms of fiat, which is hardly surprising seeing as they're a bankrolled rag.
I can only imagine that they think that closing/stopping exchanges trading in BTC will somehow end the currency, which of course, it won't. Personally, I'd like nothing more than to see that happen because it would force traders to go full-on decentralised exchanges - which should have happened in the first place.
Imagine how empty the scam section would become if that were to happen - no more exit scams, no more locked funds, no more KYC, no more fake exchanges - just pure, unstoppable, free trading for all. Bliss.
I guess that is what most of us are waiting for. The Lightning Network need to mature as soon as possible so that we can rely on that to do some trading. One of your point is actually very important: imagine how many exchanges will collapse as they clearly run on fractional reserve. The moment that would happen I would be opening my best bottle of whiskey. Yes, we need fast and reliable DEXes on bitcoin steroids soon. |
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Comparing stocks and bitcoin makes no sense to me. For the first time in our life we have the opportunity to openly participate, invest and contribute in one of the most exciting project the world has ever seen and what we can do best is comparing it to stocks? Come on, you guys have really no idea about what bitcoin stands for.
Don't get fooled by the asset evaluation but go for the big picture. There's nothing like it on the horizon.
/s on Maybe only Dogecoin. /s off
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Inter, Milan, Juventus already played and won their game  Tomorrow will be a boring turn. Juventus will play again Inter on 02/02 in Milano, Inter will be without Lukaku and Hakimi for disqualification, not clear it teams will use 1st line players or not. The last interesting game of the turn is Atalanta-Lazio, again they player last week in Coppa Italia too. All these games were quite predictable, there was not much space for surprises. The race for the Italian Serie A is still very open and that's good because Juventus dominance this season is over. We have mainly three teams running after Scudetto, with the two teams from Milano leading the endevour (I don't see Roma or Atalanta able to go for the title). Today Napoli Parma is on my watching list, because Gattuso needs to prove his President wrong. |
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What a delusion Everton yesterday, unexpected loss against Newcastle. Everton didn't play bad at all, they had many good occasions to score but they failed to score even one goal. Three shots on goal for both teams but Newcastle was able to get 2 scores out of that while Everton netted a full zero. This game and the loss of the Saints broke my betslip. Not my lucky week |
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I saw Elon Musk making and breaking bitcoin trading.
And I don't like it.
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We have four (maybe five) teams that will battle until the very last game for this premier league. I don't remember the last time I saw such a thrilling EPL. I personally vouch for MCFC being the most solid and organized team: prolific attack and strong defense. MUTD and LVPL are the other two teams that can go for the jackpot but, as I said, Guardiola's guys are the ones who have it all.
Betting wise these are my picks for the week: MCFC 1, Leicester 1, Everton 1, Saints-AV X
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