I've never said "have fun" to real have nots. That would really make me a jerk, which I believe I'm not. I've used that expression a few times, however.

It may smack of tribalism, but I think it's the right thing to say to people who could have, and still could, get some corn - because they have both decent information and fiat for investment on their hands. They will always choose some other asset because tulips, because afraid, because too expensive, because whatever. Explanations or conservative advice (such as "just throw 3-4% of your fiat at it") won't budge them.

What else can you say to people like this?

Those who are rich even without having a cent/sat shouldn't be touched by the greeting invite to have fun. They are NOT poor after all. Right?

All talk, no substance. Actually filing suits would be CSW's undoing. Can he really afford so many lawsuits, especially in jurisdictions where he's being eagerly awaited for other legal issues? Let him talk all he wants. Bcash is bcash and it's going to zero if we wait long enough.

... with at least some nextech complicity.

Apparently they're in AR/gaming or something like that. They used their corn as a treasury item, not for third party investment. Still, they should have known better than getting into something you don't understand the fundamentals of.

EDIT
@Wekkel Not hating, but an IT firm acting as scared noobs is somewhat striking to me.
@machasm Thank you kind sir 

They MAY, right - but wouldn't they be ashamed of such a display of cluelessness, even if faked?

Double spend, right. The protocol is flawed! The cryptography is no good, that's why. All our coinz are doomed...

I thought an AR company would have the know how to tell their elbows from their asses. Obviously, I was wrong.  

One thing are logical conclusions about rational strategies, another are markets, whose rationality isn't tied to anyone's solvency, as the saying goes. Maybe what he needed was to see a couple of actual post halving pumps?

Have you applied to join the cuntonians yet? 

The double spend hoax? Nahhh.

OG's know it is pure BS, as does big money - if in doubt, they ask their advisors.
Newbies could fall for that, if they even hear about it, but how much market moving muscle can be in clueless noobs who entered at 20k+?

Tits & ass pictures
especially on bottoms
keep distracting us






#haiku

Even if we haven't seen the bottom as nicely as in the pic provided by Bob, I think there's enough degenerate buying pressure waiting just a couple k away - say, under the psychological $30k threshold. Any wandering beyond that is going to get swallowed by retail and institutional investors alike, with retail making more immediate noise with the spot price. Just hodl and get moar on the dips if you have excess toilet paper fiat. Sorry for the mistake, toilet paper isn't quite as valuable as fiat money anymore. It used to be in March, remember?  

Yes, before plunging to ~31k right now!

Indeed, careful! 

BlackRock will deal in futures, not corn. They will try to profit from both up and down. Historically, some of the big players in the futures market have pushed btc down at maturity dates, or at least tried to. Many times they succeeded. This time I'm not so sure they'll get lucky by shorting the (virtual) corn.

It would also unfairly hurt US investors vs foreigners not hit by this "just in case" tax. Most of the stocks on sale with the ensuing massive dip would end in non-US hands. I really think they won't create such a dumb tax.

In addition, as dieselmaster said, a person in the position of Yellen shouldn't even be allowed to voice such farts, no matter how many beans she had for lunch. The news might be fake, but the consequences can be real.

An attempt to tax unrealized capital gains would be a disaster for the new administration. I understand they need to scrape what they can, but this would bite deep into the ass of the vanishing middle class. Most of Biden voters wouldn't understand, and rightly so.

Not necessarily a good thing. It's good as it continues to signal growing WS interest, but also potentially dangerous: fuckery with derivatives has brought trouble to btc price. We've all seen it. I would have liked it much better if the funds had got the go-ahead for direct bitcoin exposure. it would have been one more Michael Saylor, so to say. We need more of those. Many more.

With enough data in the cloud, average grade encryption, even with a low security password, is IMO a good option when you combine it with some steganography. Let them steal all your data from the cloud and sift all mp3, jpgs, videos etc. in search for the encrypted bit they need!

Me too. Down to 22k actually, and some old orders below 10k that never got filled. Call me a temperant degenerate if you will  

That's the reason why I doubt we can dip much lower than 30k: I'm pretty sure it is not only you and me. With the reduced flow from mining, and the exchanges low on corn, there should be enough retail-based buy pressure to provide solid support at those levels.

I'm having a small Coindesk tour today.
After news about Trump pardoning his friend and former Ripple board member, here's a little FUD for you.

Bitcoin Is Aiding the Ransomware Industry

https://www.coindesk.com/bitcoin-is-aiding-the-ransomware-industry