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1  Bitcoin / Bitcoin Discussion / Re: The Silk Road Film has been released - shows what happened on this forum 2 catch on: March 26, 2021, 02:15:02 AM
So this kid who hacked into all those twitter accounts to cyphen out $173k worth in bitcoins and comprimising a massive social media platform costing them millions in a PR mess only gets 3 years in prison while Dread pirate roberts gets life?
You forget that the US justice system treats ordinary proceedings differently and proceedings that are of a political nature. And the Ross Ulbricht case was one of those times when the government wanted to show strength in the fight against drugs. Although in most cases such a "war on drugs" does not give visible results, I believe this high-profile case promised someone high-ranking positions (in the sense that, covering one channel for the distribution of prohibited substances, another immediately appears). So Ross, by and large, is just a hostage of the situation.

Prohibition is government criminal enterprise.
Without prohibition there would be no drug cartels.
The Silk Road story is proof of FBI criminal activity.
The war on drugs is us goverment war crime against all humanity.
The social damage done globally over the past 50+ years is impossible to calculate.
2  Bitcoin / Bitcoin Discussion / Re: Who's gonna buy Tesla using Bitcoin? on: March 24, 2021, 10:40:30 AM
Would you buy Tesla using your Bitcoin or you will wait to $100K?  Roll Eyes

I don't think so.
I'll use my BTC to borrow the $.
Borrow twice the amount needed. Half for the Tesla, half to buy some more BTC.

6 months the BTC will double or more.

You just got a Tesla for free!
When Toyota will receive BTC the price can be $1M...


Likely Tesla is going to own Toyota.
(unless Toyota performs a solid state battery technology miracle magic)

Right you cannot even sell a used Prius. Gotta pay someone to haul it away.
Remember, Freemont used to be a Toyota factory.
3  Bitcoin / Bitcoin Discussion / Re: Who's gonna buy Tesla using Bitcoin? on: March 24, 2021, 10:21:06 AM
Would you buy Tesla using your Bitcoin or you will wait to $100K?  Roll Eyes

I don't think so.
I'll use my BTC to borrow the $.
Borrow twice the amount needed. Half for the Tesla, half to buy some more BTC.

6 months the BTC will double or more.

You just got a Tesla for free!
4  Bitcoin / Bitcoin Discussion / Re: Which plan seems better? on: March 24, 2021, 10:09:21 AM
Plan 1: Buy BTC and ETH only. Spend $50 and buy 50% BTC and 50% ETH. No schedule and buy on dips.

Plan 2: Buy BTC, ETH, and LTC. Weekly, regardless of the current cost of each coin. Alternate between coins so 1 week buy 50/50 BTC and ETH. Next week buy 100% LTC. Next week buys 50/50 again.

HODL both obviously.

Also at what point is a hardware wallet required?

Buy Bitcoin only.

Elon Musk's safe word: "bitcoin".
5  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Adoption be possible? on: March 24, 2021, 09:01:06 AM
When Tesla is accepting BTC, Jerome Powell declares BTC harder asset than gold.

The 'adoption' question is now officially no longer moot.  Roll Eyes
6  Bitcoin / Hardware wallets / Re: Best Hardware Wallet on: March 24, 2021, 08:53:53 AM

First of all, I recommend you read this thread: [GUIDE] How to buy a Hardware Wallet the right way
The point is that it has already happened that people bought hardware wallet and their home address has leaked onto the internet. This may be of concern, hence you may want to take some precautions.

Now about the preferences, I do have a Nano S and I'm happy with it. It was not that expensive and it does the job well. And it looks somewhat close to an USB stick.
I use the HW with (verified) Electrum and seldom with Mycelium. Imho Ledger live is crap as wallet.

Good advice, I also had some frustrating issues with Ledger live POS. Mainly with them dropping Win7 support and the endless updates going on, inspires not much trust.
I'm not versed in how to access Electrum with the NanoS. How do you get (verified) Electrum?
7  Bitcoin / Bitcoin Discussion / Re: Jerome Powell about Bitcoin on: March 24, 2021, 08:38:37 AM
FED chair Jerome Powell says cryptos such as Bitcoin still too volatile to replace the US and deemed it a speculative asset. $BTC enjoyed price surges this year as major companies adopted and invested in the token.
What are your thoughts?


Jerome Powell also said Bitcoin is a harder asset than gold...

When BTC market cap hits 3 trillion $ the volatility wont be much anymore.

https://news.bitcoin.com/fed-chairman-jerome-powell-bitcoin-substitute-for-gold/
8  Bitcoin / Bitcoin Discussion / Re: Tesla now accepts Bitcoin on: March 24, 2021, 08:23:06 AM
 Grin  Crazy good news.
This was expected after Tesla buying up $1.5 billion BTC.

I reserve ordered 4 CyberturdTrucks last year.
Mainly because I reckon the FSD feature will be worth more that the truck itself.

If (likely) Bitcoin hits $500k this year, the trucks wont even set me back 1 btc.

An UK acquaintance of mine sold his 5 btc in 2017 to buy a Lexus petrol-guzzler. (Which he cannot even give away today)

BTW Tesla is buying land in the UK for another Gigafactory...

The only two assets to have today; BTC and Tesla

Elon Musk's safe word: "Bitcoin".
9  Bitcoin / Bitcoin Discussion / Re: Invested in alt in 2017 ..and now need help to dont do same mistake on: March 24, 2021, 06:16:00 AM
Hello

Now BTC is 56 450$  ...

everyone say buy at the dip but it is a dip or correction ..10 % ? down 20% ? 30 % ? 40%?

sorry i am sure you have answer this question of thousand of time but now we new compagnies buying btc must impact the price then for strategy today not same as yesterday ...

i was here in  2017 , AND WAS VERY STUPID not listen and invest in 100% alt   after correction in 2018  i decide to leave my position and hibernate really stoping completely leaving all in a hard wallet..not look news really. came again in  now in march 2018  ... and was lucky to invest in few alt not too bad but a lot in shit coins ..yes you laugh guys ...  so i just did a X3   .... i came back with a 8 BTC  of altcoins and my delta app tell me i will be 56 BTC if i just invest BTC.... so laugh again

and then now i have 450K usD.. save 150 K and want to go back wtih 300K USD ..how you will invest it ?  10%.. till a big dip .. or full now and pray for the correction not coming ...
or just be patient and wait the famous correction ..... when it is a good entry point  ?
all that to say that i dont want do same mistake , and need your help ...you laughed so help now :p

also wallet i Know i should do 100 % BTC or little bit ETH ... but it is a drug i think the alt and i know i will go back so what the max in % you think i should invest ...
thanks  for your time

I made some mistakes in 2017 too. But overall stuck with BTC and bought more early 2020. Smartest move I made.
Bitcoin is the only apex asset out there. Never sell your BTC.
Many big players are recognizing how BTC is a harder asset than gold.
The next few years will see the 10 trillion that's in gold right now, slowly move into Bitcoin.
Much of the 500 trillion bond debt bubble is also looking for a secure home like BTC.
Simple math, BTC will very likely see $100 million in our lifetimes. Especially as technology improves and different useable layers of utility are built on the bitcoin underlayer.
10  Bitcoin / Bitcoin Discussion / Re: Nicole wants to give up her taxi in exchange for bitcoin on: March 24, 2021, 06:02:22 AM
The entire taxi/uber/lyft industry is about to overrun with Tesla RoboTaxi, Full Self Driving, fleets of Tesla EV's.

California AB 5 just threw the human driver industry under the bus.

The future is likely in shared FSD vehicles.
11  Bitcoin / Bitcoin Discussion / Re: Time to sell my BTC? on: March 22, 2021, 07:28:25 AM
So I bought BTC at 9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

Very high probability BTC will hit $100-500k this year and 1 million 4 years from now...

Just the idea of selling now seems monstrously silly..

Elon Musk is about to buy another $10 billion.

What do you think?
12  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Future? on: March 22, 2021, 07:22:20 AM

Bitcoin is a cryptocurrency, an asset and a future. Its future development should be very good. Now more and more countries accept Bitcoin. Bitcoin has brought benefits to many people, so it has also attracted the attention of large-scale investors.

Bitcoin is an Apex Asset..
Nothing else is in this class of assets.

It confuses many folks as a new paradigm of finance unfolds.
13  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Future? on: March 21, 2021, 01:13:54 PM
i have been in the cryptocurrency field since 2014 and i have seen the brightest and darkest days of BTC but when i look at the current rising conditions of the bitcoin market i see that we have come a long way and most of the world is accepting the cryptocurrency payments and some lager brands are also connected to the BTC world.

but sometimes a thought crosses my mind that will these conditions last longer and better in the future?

what do you guys have to say about it?

let us know  Smiley

Correction: Bitcoin is with the Future, not against...

Fiat thinking is everything against one another.
This is a dawning of a new age.
14  Bitcoin / Bitcoin Discussion / Re: Robin Hood plans to expand its crypto currency services on: March 21, 2021, 12:59:04 PM
After what happened with GameStop, everyone with a brain should run (not walk) away from the hedge fund crooks at Robinhood.
15  Bitcoin / Bitcoin Discussion / Re: BTC seems to be fading out and loosing popularity. on: March 21, 2021, 11:44:03 AM
Tesla is likely to buy another 10 billion in BTC.

Bitcoin is Elon Musk's 'safe word'.
16  Bitcoin / Bitcoin Discussion / Re: Debunking the "Bitcoin is an environmental disaster" argument. on: March 21, 2021, 10:56:44 AM
Just keep it simple.
Bitcoin is inherently Green Energy.

https://youtu.be/E5gXD40OHcg
17  Bitcoin / Bitcoin Discussion / Re: 21 million bitcoins is the same as 21 trillion bitcoins (for us now) on: March 21, 2021, 10:53:36 AM
So BTC will continue to be mined until about 2140, when all 21 million are finished. But imagine if there were 21 trillion bitcoins and it finished in say the year 9140, it actually wouldn't make any difference to us than 21 million, because the inflation rate would still be the same. I think the current bitcoin inflation rate is 1.3 percent or whatever. So just imagine if there were 21 trillion bitcoins and 18,648,168 BTC were currently in circulation, do you think people would still say you know there will only ever be 21 trillion bitcoins.... i dont think so. But it would be the same as saying there's only 21 million. Maybe in the year 2130 people can say that when there's only 10 years left but for us who are alive now, why should million or trillion matter. Inflation rate and circulating supply would still be the same.... any thoughts?

Divisibility is the topic you are trying to address..

100 million Satoshi = 1 Bitcoin

1 Satoshi can be divided again by 100 million. (that unit should be called 'Roger')(BTC smallest unit)
18  Bitcoin / Bitcoin Discussion / Re: The higher BTC goes, the bigger the risk/reward ratio and the less buyers enter on: March 21, 2021, 10:45:31 AM
I strongly believe it will reach 1 Million a coin because:

1. Gold will become obsolete (too hard to move around, to transaction and its supply grows 2% each year)
2. BTC is limited in supply (~15 M active coins for the whole world is nothing!)
3. The future is crypto money, we won't be living in ice age forever

The banks are scary like... they will do everything they can to stop it, but will fail.

Exactly, Gold will go back to being what it is good for; nice jewelry.

BTC is a store of value never known before, immutable, p2p trustless accountability, unconfiscatable.

BTC gives everyone (7 billion people) more power than a Swiss bank.

The fiat banksters are dead.
19  Bitcoin / Bitcoin Discussion / Re: BTC seems to be fading out and loosing popularity. on: March 21, 2021, 10:13:33 AM
Bitcoin is just getting warmed up!

Gold is all but worthless as a store of value in comparison.

The 10 trillion market cap in Gold will gradually move into BTC.

There's 500 trillion in bond debt looking for security. This will gradually move into BTC.

Very likely we will see BTC go to 100-500k this year.

BTC is the hardest most secure asset ever known to mankind..

It is not just a store of value but is also rapidly becoming a store of energy.
20  Bitcoin / Bitcoin Discussion / Segwit vs Legacy, fees? on: March 18, 2021, 06:53:47 AM
I am holding legacy.
Confused, should I go segwit for seemingly lower fees?
Pros and cons of each?
Can you go back and forth?

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