Lets revisit the hashing once the LN altcoin is fully operational and legacy support is stopped. Not only will it be another split one part supporting LN (environment) to other legacy mining. Hashing will nosedive as LN is the main part. In case someone delusional enough to think it will not be the case legacy will fork again, one with changed max supply and the smaller fraction remain with max 21M. Of course long before, if Bitcoin does not implement WimbleMimble another forking is guarantied. The armageddon started with the segwit hardfork. Banking cartels old divide and conquer strategy. Edit: Last couple of months hashrate has stabilized. https://i.ibb.co/yNDTBsg/Untitled.pngWhat in the actual fuck are you talking about? |
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Literally this guy would be facing a death sentence or homelessness at best if it weren't for the existence of bitcoin. And he is just the beginning. Never has there been more need or a stronger case for cryptocurrency and yet the price is falling... It makes zero sense.
I mean these are the kids of things that inform my investment decision making. This is how I approach and think about investing. And I'm patient and trust my reasoning and so far it has worked out well enough for me. But in this climate, the price SHOULD NOT be falling.
There is an asset out there that people are on the cusp of being forced into adopting whether they like it or not, and the price of that asset is falling. How long can that continue?
The panic cycle ignores all fundamentals, it seems. Human psychology never changes. |
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Yup, solid 8" in the South sound as well, beautiful
Are you talking about what's happening in Bob's bedroom? |
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TL:DR Summary Quote: Honestly, cryptocurrencies are useless. They're only used by speculators looking for quick riches, people who don't like government-backed currencies, and criminals who want a black-market way to exchange money. |
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What about all those starving kids in Ethiopia that are supposed to use Bitcoin? |
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Swatted is not the proper term in this situation because it was an official arrest. Swatted is a practice of making shit up about someone to attempt to cause their location to be mistakenly visited by swat, in order to attempt to harass them. Quote the article for us. How many cops? How many cars? How many choppers? How many weapons pointed at him when he answered the door? It happened two weeks ago. Anyway, they know there's basically a 0% chance that he's any sort of threat or flight risk. Despite that, they send a small army of jack-booted thugs with machine guns to kick his door in, in the middle of the night. From another article: “At the crack of dawn, 29 FBI agents arrived at my home with 17 vehicles, with lights flashing, when they could have contacted my lawyer,” Stone explained after a court appearance Friday. Once again, the deep state tries to intimidate anyone aligned against them with a show of force. Modus operandi of the left. |
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Whoaza!!!!! It is funny how so much bullshit misinformation gets out there and then gets amplified. Part of the effectiveness of the misinformation is that it would have been a pretty dramatic shift in Tom Lee's position, if it had been true, and it also would have been consistent with some other Bear calls. On another note, related to misinformation, the misinformation about "the longest bear market ever" is another misinformation matter that has been getting on my nerves, lately, because I have seen even a lot of smart people (including prominent podcasters) repeating such "the longest bear market ever" misinformation. I will concede that if BTC prices were to go below $3,120 at any time in the future, then BTC prices would, in those circumstances, reach the "longest bar market ever" but until then, it has not happened, and BTC is still NOT in the longest bear market ever. Accordingly, since December 15.. BTC prices have largely been in a kind of flat range (at least, so far, not able to get back above $4,200 or so). His exact quote, as he confirmed recently on twitter: A break below the fourth-quarter lows at $3,100 would imply a decline to $2,270, while a move above $4,200 is needed to signal Bitcoin is beginning to improve. |
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Glad I sold into the pump. I may use those proceeds to try to catch the falling knife.
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4 main metrics to look at imo: Ethnicity (white of whatever variety), language (something civilized (english)), culture (NO WELFARE), and taxation on bitcoin.
Looking into it myself, but at the end of the day the only way to know for sure if a given country works is to go there and live for a while.
As a US citizen, my only real options to reduce Bitcoin tax burden would be to ditch my citizenship or move to Puerto Rico. However, as jbreher mentioned, now would be the time to move to PR, while we're in the depths of a bear market. I'd like to move out of the US, at least temporarily, just for the experience. But I have a baby now, which complicated things further. Bring your anchor baby with you. That's what the anchor fucking means.  What? Babies go where the parents go. Yes. But at least 'round these parts, the term anchor baby refers to a kid born to an illegal alien upon US soil. Such an event entitles the baby to automatic US Citizenship status. This provides a tie for the rest of the family to argue for US legal resident status. Thereby, 'anchor'. Such a term is clearly inapplicable to infofront's current situation with an already-born child. Nevermind the fact that it seems likely infofront is already US-ian. This. I doubt that Ibian is unaware of the USA political usage of the term "anchor baby," and likely, he purposefully used the term in different way, perhaps in order to cause some definitional distress from various readers, as a kind of joke. And, maybe the joke has become a bit more funny because of jbreher's perception of a necessity to explain the current USA political usage of the term "anchor baby?" Jokes are not so good when explained, but as you may recall, infofront had already said that he could not travel as easily, in part, because of baby, which could imply that said baby is anchoring down infofront's mobility. Literal rather than political definition of an "anchor baby." I better not attempt to explain more because the joke is going to become even less funny, perhaps?  It might've been a joke that was lost on me (and jbreher it seems). I know Ibian is European, so I figured he was just misunderstanding the term. |
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He's a fairly well known guy in the bitcoin twittersphere. I think he's basically a bitcoin maximalist. He's just been a little over bearing in his pain forecasts. What about if the r0ach hypothesis of the market is accurate, then is it bearish? That would be bullish in the medium term. That a single entity on Bitfinex has controlled the price all the way from $200 to $20,000 and I'm leaning towards the identity of that entity being Bitmain. If the identity of this entity was Bitmain and Bitmain implodes, bankrupts, or has no money to pump it anymore, then how is bitcoin going to be artificially manipulated to a bazillion dollars each with no Bitmain to rig it there?
Bitfinex has some influence on the market insofar as their Tether printing goes. They can manage that without Bitmain or anyone else, except maybe some crooked accountants. You're always on about bitfinex controlling the market. They rank #44 in 24 hour volume on coinmarketcap. What am I missing? |
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4 main metrics to look at imo: Ethnicity (white of whatever variety), language (something civilized (english)), culture (NO WELFARE), and taxation on bitcoin.
Looking into it myself, but at the end of the day the only way to know for sure if a given country works is to go there and live for a while.
As a US citizen, my only real options to reduce Bitcoin tax burden would be to ditch my citizenship or move to Puerto Rico. However, as jbreher mentioned, now would be the time to move to PR, while we're in the depths of a bear market. I'd like to move out of the US, at least temporarily, just for the experience. But I have a baby now, which complicated things further. Bring your anchor baby with you. That's what the anchor fucking means. What? Babies go where the parents go. Yes. But at least 'round these parts, the term anchor baby refers to a kid born to an illegal alien upon US soil. Such an event entitles the baby to automatic US Citizenship status. This provides a tie for the rest of the family to argue for US legal resident status. Thereby, 'anchor'. Such a term is clearly inapplicable to infofront's current situation with an already-born child. Nevermind the fact that it seems likely infofront is already US-ian. This. |
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Oh man! that was a sad ending. It made me cry. That move was a tear-jerker. Hell, even r0ach cried. |
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Yeah, people have been calling Tone Vays et al. the Parabolic Travs of this bear market. I'll be surprised if we go below $2K at all, but who knows. |
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Top merit horses of all time  Edit: I missed xhomerx also on that list! Meh we can’t beat those meta guy’s  Suchmoon and the pharmacist flying upward  What thread do you have to post in to whore yourself out to these guys? I'm gonna drop off the first page if I don't start sucking some serious dick soon. I'm a merit source BTW. I'm sure we could work something out  |
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If you are writing some pie in the sky long term predictions while pointing to short term annihilation of the asset that already experienced above 80% decline, than you are: 1. SM club subscriber. 2. Too "smart" for your own good. 3. Want to push asset down to load since you don't have ANY of it. 4. You are named Tone or Murad. What is the correct answer? If you look at his last 3 ending tweets, personally he doesn't sound like he's just trolling Bitcoin. He actually sounds like a somewhat realistic hodler to me. That being said, I don't believe Twitter activity about Bitcoin/crypto is a valid metric at all. Hundreds, thousands of Bitcoin sockpuppet shill accounts were created during the run up to influence people buying in. Now they have all gone dormant. It will happen again, 100% sure of that. He's a fairly well known guy in the bitcoin twittersphere. I think he's basically a bitcoin maximalist. He's just been a little over bearing in his pain forecasts. |
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