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1101  Bitcoin / Bitcoin Discussion / Re: How 18-year old boy became Millionare from Bitcoin on: September 29, 2019, 04:51:36 PM
The story has no head and tail, and all of a sudden a spoiled brat jump out of the pool and self entitled the bitcoin millionaire?? Remember the CSW? No body trust his satoshi, but a kid can convice/deceit us easily.
1102  Bitcoin / Bitcoin Discussion / Re: Bitcoin dominance is actually over 90% on: September 26, 2019, 07:41:03 PM

well when you bend the definition of certain terms such as "dominance" then you can assign any values you like to them. for example nowadays the definition of "dominance" is distorted and it currently refers to "market cap ratio" so yeah, obviously the so called "dominance" of bitcoin is not 90%. not to mention that market capitalization is a fake value on its own that was imported from stocks market into bitcoin market and it doesn't make much sense specially with how most altcoins have major premines or are being created out of thin air whereas outstanding shares (of a company) do not.

but if you use the real value of the term "dominance" then you realize that bitcoin is dominating the market not by 90% but by nearly 100%. that is why it has the highest volume, why everything is being measured and traded with bitcoin, that is why whenever bitcoin rises or falls everything else gets dumped....

I didn’t get to know dominancy on walls street, the guy over that may likened it to blue chip weighted average dominating the total DJIA performance of the year, I think it’s safe to assume a 96% weighted average, or in the other words the blue chip represent 96% of the total gain of the year DJIA surging from 16k to 27k, which also put all the red chips into questions what they do all these time, ofc we all know all the red chip losing value and approaching delisting, a total loss of value. If that’s what we have in crypto, I don’t think it’s how it work, despite alt are losing value but there is no delisting option for alt, it could have imminent value but it won’t disappear into oblivion, it could be the beauty of crypto for its inability to remove itself, and btc dominance wouldn’t get to 100% for the very same reason, it can get to 99.9%, but never ever 100%. Food for thought.
1103  Economy / Trading Discussion / Re: Sell btc on: September 26, 2019, 06:44:59 PM
You know what I love about crypto? It’s always contradict with the mainstream news, I remember the time being when they called for btc to dump below 2000 when it’s around 3k, and they’re adding oil to it by naming some whales are selling atm, and it’s all over the YouTube FB Twitter IG, Reddit 4chan blah you name it, and you know what’s next?
1104  Bitcoin / Bitcoin Discussion / Re: Bitcoin dominance is actually over 90% on: September 26, 2019, 06:23:20 PM
Try to listen to every Tom and Dick all over the headline and you will know you are living a lie, that is being manipulated to get what they want you to be. Ofc it’s not 90%, the value must have been pluck out from their yesteryear wet dream. I would also tell you bitcoin value is not xxxx a coin, it’s over 9000, but would you believe me?
1105  Bitcoin / Bitcoin Discussion / Re: Does technical analysis have any value for Bitcoin? on: September 25, 2019, 09:27:36 AM
Of course TA is good but, it is only good for the 0.1% population, the rest of 99.9% do not make good use of TA. I use TA all the time and it’s really good, but TA only work for 4% of all crypto listed, most crypto don’t really have TA value, the same we can say with DJIA too, only some blue chip has some TA pattern, all the other red chip simply have a rocket science Chart pattern. And I believe bitcoin has some of the same TA pattern shown in some blue chip DJIA components.
1106  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Stocks vs Gold | The Ultimate Comparison on: September 22, 2019, 12:46:32 PM






The idea of investing in stocks is that you're investing in companies creating value, which you can clearly tell is happening if you zoom out and look at the last 20 years of innovation.

Companies are what is actually adding value to the world's economy, otherwise it would be a zero-sum game.

Now, if you ask me, should you invest in stocks now, at it's ATH? Maybe it's not that smart of an idea. But it's certainly not a scam.


======
Try to sell me the idea that company is the only thing that create values, and they just want to feed your mind with whatever they want you to know, so bitcoin create no value compare to companies according to their research, and even damaging to some extend, btw do we even question the legitimacy of a company, whether it is true it really create value as claimed, how and why it is benefiting, also do companies even exist or just an empty promise (shell companies), or may be we are all too deeply educated(brainwashed) to the point that we just accept whatever the media tell us about companies is the absolute facts with no way to refute.

I’m telling you companies are the completely opposite of what the general jurisdiction advertise about it, that sound completely contradict with your belief but it is the facts that most can’t accept. Strictly speaking companies are just an idea that the US govt invented to conquer and rule the entire population on planet earth, I mean it, and I use the words “entire earth”  loosely in this context because it’s not limited to united State, they rule the entire 7billions world’s population on earth with the idea of companies, and tell me how is companies any good now? I’m always ready to hear your and debunk all possible myths.


======
1107  Bitcoin / Bitcoin Discussion / Re: 256 bit encryption cracked ... does it affect Bitcoin security? on: September 22, 2019, 06:23:25 AM
It will be great to crack the private key. Can’t wait to see the day when private key are free to crack for everyone, we will be seeing bitcoin transaction counts shooting thru the roof and network congestion get to a point that took years to send one coin and fee higher than the moon.
1108  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Stocks vs Gold | The Ultimate Comparison on: September 21, 2019, 10:10:50 AM
I’m always wonder why anyone would go for stock, it never work for me, and I had no comment on gold and bitcoin, someone who endorse please show me some light, why do you even compare stock? It just seem to be a complete scam that’s still allowed to operate openly and billions to trillions scammed in the stock market annually, the father of greater’s fool that people still fall for it, gladly Satoshi smell it decade ago and create a stock market killer apps. Btw ignore my dabbling, but try to justify stock market in this forum is just a waste of effort.
1109  Bitcoin / Bitcoin Discussion / Re: Are Any Landlords in the UK Accepting Bitcoin\CryptoCurrencies for Rent Payments on: September 21, 2019, 10:00:38 AM
I’m always relentented to accept rent in crypto, not from UK, may be due to the borderline soft skills required to be one of them, crypto landord should equip themselves with enough tech knowledge and know how, but I’m seeing clear advantage to moving into crypto, I believe it will be a matter of “Uber replacing taxi” phenomenal, may be I can call it “crypto replacing banking”?
1110  Bitcoin / Bitcoin Discussion / Re: World’s first offline system for transacting cryptocurrencies! on: September 21, 2019, 07:58:58 AM
All these offline transactions are just another piece of sugarcoated gimmick, they’re some of the most notorious target for double spending attack. It’s all good when you try to spend offline within yourself and your own wallet, if you are receiving payment thru offline method, you better be sure to broadcast the signed hash as soon as possible before all the balance in the wallet being move to a new one, I’m talking about a matter of milli-seconds at the interval between receiving and broadcasting it. Imagine you receive the signed offline hash and when you try to broadcast it later due to laziness, and then realize the said wallet has zero balance left (or just moved recently) and the transaction will be immediately deem invalid, ( you should expect the broadcast to return error when there is no balance to transfer) so basically you receive a payment from scammer and get nothing in the end, why get yourself into this hassle just trying to be safe by being offline? It’s a big trap to scam all the less tech savvy miner, want to be safe? Follow the basic rule, use the core wallet and install full client, any service that promote safety are outright there to get their hand into your gullible crypto by exploiting your Opsec mistake.
1111  Bitcoin / Bitcoin Discussion / Re: Trump’s Plan to Ban the Petro Could affect all Cryptocurrencies on: September 16, 2019, 12:45:42 PM
I’m surprise it is not more susceptible to be one of the dubious claim. No way we can link Petro to crypto, the two of them are completely two entities. Well I’m seeing Petro surging to the new trajectory, but not for crypto, I’m very confident that this article is just another piece of fake news.
1112  Bitcoin / Bitcoin Discussion / Re: With Massive Network Congestion, What’s the Value of BTC? on: August 06, 2019, 05:08:37 AM
Transaction fee is only 0.0001 btc or around USD 1, which is the far fetch to the peak during 2017, I was paying US 60 for one off send.
1113  Economy / Economics / Re: Money Is Political, Not Technical on: August 04, 2019, 07:11:46 PM
The people who need money, I know they’re being manipulated, I wonder why modernize human being need money so badly when their ancestors could just survive without a single USD, and for so many thousands years, and I’m seeing millions blaming can’t survive without money in the public, they’re so foolish.
times are always changing, and development is natural. humans can not be spared from the development of the age, and must follow it, if previously people could live without money, different from now. Can you live without money nowadays?



I could try but it’s kinda difficult, not impossible through, time didn’t really change the people, it change the technology, and the technology create a new type of wants and needs, a phone was created, we used to want it, I think it slowly become a mixture of want and need, and some technology get obsoleted too, fax machine, cassette vhd tape, but hey, they all used to be a needs too in the past, but it all changed, is it the money too will experience the same cycle of behavioural change from want to need to want to finally obsolete? Idk, but I always try to live without money, especially after going through all the chaos, the inflation, the rising cost of living, moving money from cash to new form of store of value seem to be the trend, and yes, keep moving the money, that’s sound stupid but if we don’t keep up with the trend, it would be the same as holding a bag full of garbage, loss aversion could be the most scary nightmare to most people, they quickly become over panic overnight, but it didn’t work the same for winning, people will just chill.
1114  Economy / Economics / Re: Who is the richest person? on: August 04, 2019, 06:53:06 PM
.

😂 I want some of what you're smoking bro

The Dracula is an analogy to a real life person, and it’s certainly existed and just having a totally indistinguishable name, we called it Dracula out of convinient, since many choose not to believe, a new stream of conspiracy getting out, and they’re calling the same “richest individual” the owner of the matrix, and they control everything through deception, and converting everyone else into unit of political and economical output, to fight for a same goal and ultimately achieve what they deliberately planned future, a total controlled matrix system that all people work like a machine, can’t have emotions, can’t complaint, work until your demise.😁

Quite interested in this person named Dracula.  Wink

I got a good news and a bad news.
The good news is I know who they’re, the bad news is I couldn’t do anything to them, because it take a strong men the strength equal to Chunk Norris to defeat Dracula.😁
1115  Economy / Economics / Re: Who is the richest person? on: August 04, 2019, 12:27:03 PM
I know who is richest, they’re basically the owner of this planet earth and they’re taxing everyone around the globe for living on this piece of land called earth, basically they’re taxing 2% annually for the entire taxable land existed on earth, imagine they’re taxing basically 2% out of $200 trillions (total entire earth land’s wealth in USD) per year, how can they not the richest person?

Ok so who are you talking about?

The Dracula 🧛‍♂️? It’s said it dead in some 1997 or so but it keep coming back to this world for all the wrong reason, some called it had immortality and it also can reincarnated even if totally burned into ashes, as long as people’s greed are getting into certain threshold, Dracula will come back.

😂 I want some of what you're smoking bro

The Dracula is an analogy to a real life person, and it’s certainly existed and just having a totally indistinguishable name, we called it Dracula out of convinient, since many choose not to believe, a new stream of conspiracy getting out, and they’re calling the same “richest individual” the owner of the matrix, and they control everything through deception, and converting everyone else into unit of political and economical output, to fight for a same goal and ultimately achieve what they deliberately planned future, a total controlled matrix system that all people work like a machine, can’t have emotions, can’t complaint, work until your demise.😁
1116  Local / 中文 (Chinese) / Re: 假如比特币真的达到了 100 万美元一个,对于那些从未参与过比特币的人ߤ on: August 04, 2019, 10:38:33 AM
别想太多, 现在市场已经引进亿万富翁咯, 还有谁能够控制价格, 现在大家期待的是中央银行大量买进比特币。发白日梦。
1117  Local / 中文 (Chinese) / Re: 听说孙晨宇被抓起来了,是不是意味着,老爷要进场吃肉了? on: August 04, 2019, 10:30:44 AM
呵呵, 几年里干了一堆烂摊子, 现在遭报应?
1118  Economy / Economics / Re: Money Is Political, Not Technical on: August 04, 2019, 08:54:04 AM
The people who need money, I know they’re being manipulated, I wonder why modernize human being need money so badly when their ancestors could just survive without a single USD, and for so many thousands years, and I’m seeing millions blaming can’t survive without money in the public, they’re so foolish.

What are you talking about? People could survive without USD but they had some other forms of money like gold, silver and copper coins. Probably the most well known were Talents, like the Homeric Talent known in ancient Greece. Sure, human beings could live without money... in the stone age. Do you want to go back to that?

I hate to say this, but try make an argument with any women, they’ll always prioritise money to anything else, money is everything they could think of, and they can tell you how hard they would be without money, they can’t buy all the necessities for their everyday needs, of course I bet to differ, but I can’t seem to win them in these debate, they’re basically willing to do everything just to make money, bend the rules or betraying anyone. Going back to Stone Age? I think it isn’t too bad, people has much lower lifespan and they will surely spend their time more wisely, and wouldn’t have aging population and debt and medical care for the aging retiree, btw I think many people decide to migrate to other less developed countries, they might know it much earlier, that’s also why they move to new countries and revoke their nationalites.
1119  Economy / Economics / Re: Who is the richest person? on: August 04, 2019, 08:39:18 AM
I know who is richest, they’re basically the owner of this planet earth and they’re taxing everyone around the globe for living on this piece of land called earth, basically they’re taxing 2% annually for the entire taxable land existed on earth, imagine they’re taxing basically 2% out of $200 trillions (total entire earth land’s wealth in USD) per year, how can they not the richest person?

Ok so who are you talking about?

The Dracula 🧛‍♂️? It’s said it dead in some 1997 or so but it keep coming back to this world for all the wrong reason, some called it had immortality and it also can reincarnated even if totally burned into ashes, as long as people’s greed are getting into certain threshold, Dracula will come back.
1120  Bitcoin / Bitcoin Discussion / Re: 17,800,000 BTC already mined on: August 04, 2019, 03:27:19 AM
It is harder to accumulate btc during the bull market, I can get more during the last bear, but I didn’t manage to get 1btc because of the suddenly pump on the price, I’m still content with it, because I’ve more btc now compare to 2017, 1btc might be possible in the next bear market if my timing were perfect again. It would be easy to just buy it with hard earned money, but I don’t want to cheat the process and accumulate it in a intended manner, my principle are simple, do anything but don’t buy it, because it is how we can avoid all kind of risk, when you’re buying something you’re dealing with risk, when it’s free, it’s risk free.
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