success is not measured on the good days
Agreed. Wise words. |
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mmmm page 21.666
thats why this is all so messed up
First thing I thought, too. So it's not just me seeing doom everywhere... Ah, fuck it - it's how we earn our stripes. We can't have moon without occasional doom. |
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It seems indeed we are entering The Heart Of Darkness. But the capitulation is necessary, we can go nowhere until we find the true bottom. Cue pics? |
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Step 1 pretend Satoshi, Step 2 buy big into fork while cheap step 3 use some of the personal funds to intimidate during fork, Step 4 control shitcoin and pretend it's new Bitcoin Step 5 be richer than at step 1
Intimidate with personal funds - but what personal funds? The guy hasn't demonstrated owning anything considerable. Kim Nilsson, the security expert behind The Willy Report, showed his claims are risible. The best evidence we have for his wealth is probably the actual account on Gox that was in the leak and showed something like 200 BTC. Yup - he is a proven liar, almost certainly a forger and what is technically known as 'full of shit'. Plainly and simply: a charlatan. |
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Alts a sea of red.
Except BCHSV trading on Polo (in advance) over 60% up today.
Ugh. I hope FakeSatoshi loses his shirt.
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Looks like its time to crash and burn. Let us pray.
B..b...but cheap coins: Let us prey. BTFD |
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Monero 1k one day,a dream or reality?
XMR already went over $500 in the last Bitcoin rally, so it's hard to see how twice as much as that is remotely far-fetched. |
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BORING.
They told us it would be very volatile ?? So what - we got nice hats, right? |
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Keep up the good work, mate. Merited. |
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So the guy who can't prove he's Satoshi is going to prove who everyone else is? I'm wondering what a psychoanalyst would make of that...
On a practical note, those 3 systems work in very different ways, so wouldn't he need 3 separate mechanisms for analysis? I guess we'll have to wait the year out biting our nails in feverish anticipation for doom's day or purchase whatever is sure to be the "better" solution. Crypto has anhilated my faith in mankind's motives--which isn't a bad thing, just makes me long for my youthful ignorance.
This was my first thought as well. The fact that all three of those privacy projects use very different techniques means a unified solution to uncover them all and also throwing Tor in the mix on top of that seems pretty disingenuous. This is the reason that I think he's actually throwing this out for one of two other reasons. One... just to make other projects outside of Bitcoin SV look bad or two... he's wanting to depress the price in the so-called privacy sector for some other reason. I am tempted to say he is just talking out of his ass. But actually I think the guy is a little bit too crafty for just that. I think he and Calvin Aire and possibly even Jihan and Ver are making moves. XMR is currently in rollercoaster mode. He talks about networking and IP addresses. As far I know, these 3 systems use networking and IP. Fwiw I think CSW is probably Satoshi. That doesn't mean I like him. But I pay attention to what he says. And, should he managed to take over BCH, I urge every body to pay attention to him. Because he doesn't like altcoins at all, and if he succed in taking over one PoW chain, then Monero could be very well be his next target. Probably Satoshi? No way. For me he is plainly an ill-tempered, nasty and totally flawed liar. I have no doubt he was around, but significantly? A key to Bitcoin's development? I doubt it. He is ready to lie and fake anything and if he has access to any significant keys, I doubt it was honestly. He is happy to fake a signature and backdate a document, it seems. So he has no credibility whatsoever. That doesn't mean he isn't dangerous, or won't pick up followers; it does mean anything he says must be taken with a very large pinch of salt. |
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You all have too much time on your hands. The WO thread is an insane ranting of whales, wannabe whales, and a shit load of fish looking for someone to manipulate their market behavior. Don't go Vod! If you do, only look in short bursts of 1-2 minutes and then get outta there.   ... now I have to go read about hats.. EDIT: In all seriousness, I've occasionally visited the WO thread and it is enjoyable. I'm just not worthy enough to post there... or too scared. And, I've got no clue who micgoossens is.  Hey, come on in, pull up a hat... mic's good fun - runs free games every now and then for bitcoin, too. Price prediction, which most in the WO (including me) are hopeless at. |
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BTC going up and XMR going up with it - as are some of the other alts.
Ok, it could be temporary, but it feels pretty bullish after dips and endless sideways motion.... Is it going to be a pleasant November?
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 What did I miss? A pick up of flow in readiness for the forkings of crap? Well, I doubt anyone is intending on holding any of them after the forkings, so it's highly likely many will sell for BTC as fast as they can. |
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The gold ticker on screen (while they were trashing Bitcoin at a shocking $100) was showing gold at $1599... How times change. |
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hmm which to open first?  Barolo |
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In the absence of a black swan event - and ten years after the white paper it doesn't look like we will see one - there is only one conclusion you can make.
You mentioned black swan, the famous theme originated by Nassim Nicholas Taleb in his book of the same name. I read another book of Taleb's recently, "Skin in the Game," in which he mentions the Lindy effect. According to the Lindy effect, non-perishable, non-biological things that don't have a built-in lifespan limit, such as concepts, religions, and works of literature, have an expected durability roughly equal to the amount of time that they have already survived. For example, if a Broadway show has played for 100 days, you can expect it to continue playing for about another hundred days. Or if a book is still being read after 500 years, you can expect it to continue being read 500 years from now. By this criterion, we can expect Bitcoin to survive about 10 years. Yeah but 5 years ago it was finishing now by the same rule. So nonsense really? "If you don't believe me or don't get it, I don't have time to try to convince you, sorry." LOL Hey, by your logic, which requires taking Lindy totally literally, then Lindy must imply that nothing would ever survive past the first spark of creation. But you needn't put any effort into accommodating concepts that don't immediately fit some naive expectations, if you don't so wish. Taleb is worth reading. Hmm... by your logic, Bitcoin will always be half way through its life. You might want to read Taleb again, I believe he did suggest factoring in the health of something, too - since as Globbo rightfully says; this simplistic view is logically nonsense. What Taleb meant is that the longer something survives the more robust, or anti-fragile it tends to become. But I don't think that meant an eternal half-life. |
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I usually roll my eyes when I hear "Taxation is theft", but this?
Them wanting to tax the cash in my wallet sounds crazy to me...
Yet you guys are talking about it like it's most normal and reasonable thing.
Mind-boggling.
Yeah I think we all just see the writing on the wall, you're not getting away from the Government taking their share especially if it has value and we all agree Bitcoins going to long term go up. I mean you can buy things directly for btc but I think vendors include sales tax in most of it. (Newegg for example) But the tax on just your holdings fuck that including cash, no thanks. Is that some socialism bullshit that's favored there? Paying your taxes is not socialism, it's patriotism. Anyway I much prefer the way the taxes work in NL, no taxes whatsoever on trading including 'cashing out' (should really be called cashing in btw), just a very reasonable taxation on holdings, excluding the first 25k and minus debts. Most of the world is much worse off having all these taxable events like trading. They must all be socialist countries then I guess. Having cashed some out late last year and now suffering with having to pay 20% on it come January, I have actually researched the NL system of a sub 2% tax on value held, even looked at living there fro long enough to cash out. It's way better than 20% on what you cash out! FWIW: US is similar to the UK; 20% on capital (non-earned) gains. And having lived over the pond I can tell you, dealing with the IRS is (to say the least) 'not pleasant'. By the time you factor in local taxes, healthcare insurance costs etc. It's actually not really cheaper in the USA compared to (say) the UK. Unless you're very rich, but that is the same anywhere - if you're rich enough, you can afford not to pay taxes. Taxes are for the great unwashed, not the rich. The truly rich have 'schemes'. I did ask about offshore tax efficiency etc. at a posh accountants recently and was effectively told 'you can't afford it'. Plus ça change! |
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There were a little over 12 million coins mined by January 1 2014 compared to 17,300,000 currently. Millions of more people are ready to buy and add to the mix institutional players and we could see new ATH's sooner than we think.
That's 3,700,000 Bitcoins left and it will take many years until most of what are remaining are available. The market volume, in a market that is more than half Bitcoin is over $12,000,000,000 per DAY - and that is with the market at a low. Half the market is a hell of a lot of cash swishing around - with only a relatively small number of coins remaining, which aren't even mined yet. So any new demand must buy existing coins. The price is not remotely sustainable beyond the short term. In the absence of a black swan event - and ten years after the white paper it doesn't look like we will see one - there is only one conclusion you can make. Sooner rather than later, this shit's going to blow. |
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Hey folks... it's me, yeah I'm back after vanishing so long ago LOL Just wanted to pop in and make a post today on the bitcoin white paper's official 10th Birthday... posting in this thread just because overall this thread has always been the place I posted the most in the last several years (hopefully mods won't delete it as off topic?) Wanted to say also that seems to me today at ten years into this great experiment, and guessing it might take something like twenty years for crypto to really take over as the real new global currency, a little perspective we are about half way to it being all said and done, either total failure or global dominance. I myself got into this stuff only about 5-ish years ago so I guess I'm personally "halfway thru the halfway", seems like a million years ago LOL But... yeah... well... that's about it. Hope y'all doin' well out there. I'm kinda laying low "out" of day to day worry on all the cryptoshit these days but still hangin' in there for this stuff to have all been actually worthwhile, in the end. Ciao for Now, bitches! LOL P.S. Wow... COOL!!! Looks like my post triggered the top post on the 2000th page!!!  Good to see you back - and well done for being top of page 2000. Surely that's a good omen - stick around, the bear market should be over before too long. >>> Surely that's a good omen... Yes it could be a good omen, agreed... but don't call me Shirley. -- https://www.youtube.com/watch?v=KM2K7sV-K74>>> ... stick around, the bear market should be over before too long. Indeed what goes up must come down and (maybe still?) what goes down must come up again, um... we hope? LOL But yah okay sure I'll bite if anyone else wants to take a stab at it too: "WHEN" will this current BEAR cycle finally bottom out, and WHERE will it be? My best guess at the moment is we got probably about another 50% drop left, i.e. somewhere around BTC like $2500, BCH like $250, XMR like $50-ish. And it'll take from now till somewhere around like next spring, early summer, when all the final capitulation, wailing, rending-of-garments, and gnashing-of-teeth will all be finally over with. Around then things will *finally* start turning around. Then we'll be back to new ATH mania hysteria "crypto is *back*, baby!" sometime approx around the next Halvening Time and the year or so afterwards. This last "cycle" was the approx $1000-to-$10,000 ten-bagger run (although it hugely overshot to $20K) The cycle before that was the approx $100-to-$1000 run. The cycle before THAT was the early-days $10-to-$100 run (which nobody except original cypherpunks usenet geek nerds were aware of). SO this next coming cycle ten-bagger will be $10,000-to-$100,000 run, second-to-LAST of what's possible. Only the FINAL possible ten-bagger of $100,000-to-$1,000,000 might not actually happen, in my opinion. And IF it does happen it'll take a shit ton of much longer TIME to play out... like maybe a decade. So, really bottom line? ALL YOU FOLKS WHO MAYBE MISSED OUT ON A CRYPTO GET-RICH TEN-BAGGER RUN... PAY ATTENTION. Ya got maybe ONE CHANCE LEFT, coming soon. Git yer shit tagether and lined up ready ta hit da ground runnin'... Real Soon Now. Ya got a few months to maybe a year to prepare from now. Yes, this is all realistic and I don't disagree (I think we could possibly hit worse lows in Jan). But... since when did Bitcoin (or crypto in general) fail to surprise us? Let's look at the BTC market (more than half of the entire market) and assume we will be swept along with it, since Monero is easily one of the better coins, arguably no. 2. FACTS: 1. There are simply less BTC available. And there are more people that feel they ought to have some. 2. It's not just 'us retail investors' anymore. Huge corporate money is close by, finger on the trigger. 3. People already know when there is a bullrun it can be HUGE. This is not pipe dreams, it's proven. 4. No one doubts it could be $20K again. Most think even more is at least 'possible'. 5. The moment it even looks like 'it's happening' the FOMO will be fucking huge (see 1,2.3.4 above). History never really repeats itself. But is does rhyme. And Monero will make history too. It is too good and hey, the cream always rises. |
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Monero is my favorite project.No one understands the value of Monero.It will be understood in the future how precious privacy is.
What's so special about him? There are many projects with complete anonymity and now they are leaving even more. Then what is the beauty of this project, why do you highlight it to the fore? I saw projects better than Monero. Hey - if you have seen better, fine go buy those, why waste your time on here? Unless it's for a sig campaign or you're being paid to shill, of course... |
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