Because there is an active game based on estimating the price leading upto the Bitcoin block halving (that has yet to occur).
The list closed on January 10th according to the opening post. Maybe I've missed summat. A thread this well served is a fine opportunity for the same dreary people to spurt their dreariness all over it as is currently being ably demonstrated. |
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Russia has spouted so much contradictory shit about crypto over the years I doubt anyone will believe a single thing they claim from now on. One minute Vlad is sleeping with Vitalik, the next day a minister says people will be forced to drink radioactive tea for visiting Coindesk.
Since they're so paranoid about all the Western plots against them you'd think anything that weakened the dollar's preeminence would be welcomed. Seems not.
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I am really curious to see how Bitcoin's 'safe haven' narrative holds whenever we see the US stock market takes a massive multi year dump. I'm afraid that it will also drive Bitcoin down because it's treated as a very risky and speculative investment asset, which in general, is sold off the first whenever markets start to turn bearish.
I am not going to hold a bag of coins in that situation and will unload a chunk to buy back lower when most of the hot air has escaped. It's better to think rationally whenever that happens because it sucks sitting out 80ish % corrections. No matter how much I like Bitcoin, it just sucks because you could have bought many more coins back lower.
I think it's only the type of people who post threads about a bank having its toilet blocked with 'Bitcoin user not affected' thrown in there who buys the safe haven narrative. Maybe in another 10-15 years it might be thought of that way by enough people around the world. Until that point everyone'll run screaming just like with everything else and probably even more so. |
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and we are yet to see true bearishness, with people seriously doubting Bitcoin and not simply waiting between bull seasons.
So 2014/15 was a walk in the park? Sheesh. TONS of people walked away having declared it fully dead. There were hours between posts on the main threads on this forum. If that had been a conventional market it would be talked about for centuries after recovering from such deadness. Alt fans certainly got a kicking in 2018 too. Overall this round has been milder but it was still hairy for many. |
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And yet most of the people who have been busted so far looked plenty nerdy to me.
I think they sensed that the tools cryptography provides make criminals out of people who otherwise wouldn't have had the balls or the notion at all.
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Surely in this case it's the same as suing a dog for pissing on your lamppost. They can't help it. It's just what they do.
The screeds of excruciatingly boring shite on this subject are as predictable as the sun rising in the morning. A broken chatbot programmed by a mong with 3 tape recorded phrases to work with would be less predictable. Am impressed anyone can be arsed to read anything considering we already know what it'll be.
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@gentlemand. However, the government's purpose for his excessive sentence did not work. It did not stop the darknet. I reckon that it might be taken over by real criminals by now.
I heard the Silk Road was a place for freedom of speech and also a community for illegal drugs safety.
I'm sure their prime motivation was revenge for being so brazen, not justice. Hence the sentence. Nothing will stop the darknet. I'm sure everyone from all angles must know that. They'll get plenty of lovely money to attempt it and the jail companies will receive some lovely money too for whomever they manage to catch. |
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If it ever gets there I'll be very interested to see how it compares in market depth versus those markets nominated. My feeling is that it'll still be pitiful.
It could reach $100,000 in a few hours tomorrow. All it needs is a lack of sellers and a surfeit of buyers. Even if flashy figures like that are reached they don't mean all much until the markets are much deeper, broader and more accessible.
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Why isn't this thread locked? It's not serving any purpose now.
The moment Mr. Bett used the word 'gigamegs' with a straight face is the same moment that the final drip fell from the glans of cred and splattered on the bus station toilet floor.
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To be able to trade a lot of the Bitcoin shitforks you had to have BTC on the exchanges before the 'fork' and after that they never, ever gave you the option to deposit or withdraw. I'll bet quite a few were never anything other than database entries.
It's a nice little business model. You attract Bitcoin that otherwise wouldn't have been deposited. You create fees out of thin air and it allows more front running and more lucrative selective scams.
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That's one reason why many of the Bitcoin shitforks are so volatile and why there were so many of them. Some of them you couldn't move at all so they only existed on exchange balances and you had to deposit BTC before the forks.
Others like BSV probably count on people not being bothered to move their Bitcoin to claim it. That allows them to buy up the claimed coins that have been dumped so they can screw with the market to their heart's content.
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How did plunging straight into leverage become the norm?
It's completely batty to arrive in crypto knowing nothing and deciding you're going to 'make it' by non leveraged trading, let alone adding that on top.
The dullest stock trader with years of experience stands an extremely high chance of losing on the dullest markets. What makes a total noob turning up to the biggest shitpit of all and running to the shittest platforms think they're going to master it?
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I expect nothing new and nothing disruptive. It'll be reiterating the KYC stuff, giving the boot to exchanges that don't play full ball and giving Chainalysis more money. There's not exactly much more they can do.
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I just noticed that https://giftoff.com/ a UK based gift card site, are now offering lightning payments through opennode. I've bought plenty of stuff through them over the years with no problems at all. No sort of premium either. If I were a lightning user this would be my main port of call. |
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I'm not gonna pretend that this isn't happening or be insensitive, just relaying sentiment from the ground level as I had passed through my own fears of what this virus could mean personally to now feeling calmer in general.
Can we get this optimistic/realist creep removed from the thread? This post needs to come down before too many people read it. |
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You know someone has cooperated with the authorities when he gets out of the case with a minimum sentence hehehe. Also, what they did to Ross was excessive. However, did it scare other criminals from creating their own darknet websites?
Not one other darknet type has had a sentence anywhere near Ross's and not one ever will again most likely. The first man through the door always gets the shotgun emptied in their face. Everyone else who shuffles through past the ruined cadaver gets a few pellets. |
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Looks like everybody here who properly invested in bitcoin before 2017 have around at least 50 and possibly closer to 100 btc while other late people who started to accumulate after 2017 have something between 5 and 15.
Makes sense since btc is now at x10 of the 2014's ATH.
Being early pays.
That's a big old assumption. Those amounts even in 2013/14 were still a few tens of thousands of dollars depending on when you arrived. Not many people out there have that available to lock away for several years with no guarantee of where it'll end up. |
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This all is too sad to think about, let's celebrate life which we are still having.
I spent a whole day watching nature documentaries a while back and came away with a feeling of overwhelming pointlessness. All anything alive wants to do is eat and fuck. It's not exactly meaningful. Rocks probably have more enriching inner lives. That day I stopped worrying about the fate of the planet and refilled my fridge with CFCs. There's an entire universe out there with other potentialities. There could be trillions of races of golden gods right now knocking out lovely watercolours and being nice to each other. We're nowt but noisy dust. |
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