Warren Buffett
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I don’t care who your god is, I don’t trust him.
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WOPPP soon ?
$14 to go  |
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Want LOLs? Check this out  |
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Holy fuck. Based on that, I think we will have will have humanoid robots in our homes by 2030. A buddy has a robot mower for his lawn. And it’s starting to make sense to replace our lawn guy with a robot... |
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This is very strong finish to the end of tax year. No tax losses to harvest? Does this mean that early January will see a dump of profit taking with taxes put off until March 2022?  |
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Projects like ETH or ZEC should be feeling a little wriggly though.
Charles Darwin had a phrase for that. |
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SEC is not a BTC risk. There is a huge difference between XRP and BTC. Ripple Labs is a corporation that prints and controls XRP. There is no equivalent in BTC (and no Blockstream is not the same).
The SEC is doing us a favour by killing off competing shitcoins. Bitcoin dominance will soar further.
I also see it like this. I doubt the SEC is going to target ETH though. The case is not as easy as it is for XRP, and interest in ETH is probably already widespread enough (among largish companies and potential lobbyists) to have crossed the too big to fail threshold. Grayscale have a ETH trust don't they? Frankly, I don't think these guys would do it without knowing ETH won't be banned by SEC. You just don't gamble with that boatload of fiat.  Grayscale has XRP in their Digital Large Cap Trust.... Writing it off won't be enough to blip the bottom line as BTC explodes... I'm sure there's a tax incentive in there somewhere... You are correct. XRP is only 1.6%.  |
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SEC is not a BTC risk. There is a huge difference between XRP and BTC. Ripple Labs is a corporation that prints and controls XRP. There is no equivalent in BTC (and no Blockstream is not the same).
The SEC is doing us a favour by killing off competing shitcoins. Bitcoin dominance will soar further.
I also see it like this. I doubt the SEC is going to target ETH though. The case is not as easy as it is for XRP, and interest in ETH is probably already widespread enough (among largish companies and potential lobbyists) to have crossed the too big to fail threshold. Grayscale have a ETH trust don't they? Frankly, I don't think these guys would do it without knowing ETH won't be banned by SEC. You just don't gamble with that boatload of fiat. Grayscale has XRP in their Digital Large Cap Trust.... |
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Wrong, or at least a 'yuge simplification.
SEC could affect derivatives, etc. Is WBTC a security? What about LN or Liquid? Wham, bam.
Plus, they are working in cahoots with all other agencies (too many to mention by name).
Is WBTC a security? Well if ETH is a security, then WBTC is a security. You aren’t allowed to go hawk pork belly futures on Craigslist. But that doesn’t mean that pork bellies are themselves securities. Bitcoin unaffected. Is LN a security? No it’s not because there is no central mind controlling the distribution of coins. Bitcoin unaffected. Is Liquid a security? Maybe, I don’t know enough about it. AFAIK it’s not sold to retail punters anyway, so a ban on selling to retail would be irrelevant. Bitcoin unaffected. Is the SEC in cahoots with the NSA? Of course they are. They are all part of the US government. But the US government is not a monolithic thing - it is a clusterfuck of competing interests all fighting each other. Most of the time the US government can’t tie its own shoes. |
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Moving is complicated. A big problem is you may have family/friends/whatnot at the old place who you can fall back on if things go weird short-term. Move to a new place and that's not there. So the lack of any kind of a safety net (social or financial) keeps people from just being able to "move".
That's totally not counting the xenophobic nature of people to reject anyone new in their community.
TL;DR Arrie the xenophobe says Africans are stupid for living where they live. Should they move to cooler climates, they're sure to find friendly landmines to welcome them. Let's peek into complex system theory a bit. One rule of (handling) complexity says: "Simple answers to complex questions, as well as simple solutions for complex problems, are generally wrong / going to fail". Nuff said. If anybody continues joking about AIX (RS6000's), i'm gonna post about AS400's or S/390's  Fun fact: When travelling from an AIX based course at the IBM technology center in Montpellier, my car broke down in Aix de Provence. Sure it did. Occam’s razor. The Coteaux d'Aix-en-Provence AOC is the second largest Provençal wine appellation, covering over 50 communes in the west and northwestern regions of Provence. The area comprises the city of Aix-en-Provence and surrounding communes. Nearly 60% of the production is red wine, followed by 35% rosé and 5% white wine. |
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In memoriam...of something https://www.trustnodes.com/2020/12/29/sec-sinks-xrpSay what you want about that shitcoin, but the wanton destruction of monetary value (maybe wrongly attributed, I agree) is not something that I adore. Honestly, if this would eventually cause SEC demise as a regulatory agency, so be it (see quotation). XRP perhaps couldn’t withstand this injustice, but few can commend the way SEC went about enforcing it, even if they do agree.
Where coders are concerned, this is just another round they don’t even care about in a long running battle. The question is: will SEC be destroyed in the end?
You can not just wipe out tens of billions without courting hate, especially when the institution was already hated due to its investment prohibitions injustice inscribed in its very foundations. The 'subtracted' value is obviously flowing mostly into bitcoin plus 2-3 s-coins (for now) . I don't see how the ethereum pre-sale and issuance schedule makes it anything different than a security. After ripple SEC will surely have ether in it's sights. Forever looking over their shoulders now. Absolutely, especially since there is, apparently, no time frame limitations. Another point to mention-i got a link to FTX from somewhere and there it was: USA is in an "interesting" group, together with N korea, iran, Crimea, etc. Same for many other investment sites (Deribit comes to mind). We are being cordoned off-all thanks to SEC and their malcontented Howey test, which should have been buried decades ago. Add to that the concocted 'accredited investor' statute. It's like you want darwinian evolution, but handicap some people in the race. Fuck XRP and good riddance. And fuck Eth too for that matter. Accredited investor schemes are there for a reason. And the reason is because Aunt Mabel can’t be trusted to get caught up in bumblefuck Ponzi schemes like Bitconnect. So she goes screaming off to her Senator for a resolution. And the resolution is that Aunt Mabel isn’t allowed to play with the big boys anymore. There are plenty of accredited investors that do their dough all the time. But they aren’t supposed to whine about it. If you have 40 BTC right now, you are an accredited investor. And that amount is falling all the time. By the end of this bull it might be 5 BTC or less. why is it always about personalities? Not my problem, but it is a factor causing less meritocracy in finance/investment. I posit that it is a significant long term problem. You think that SEC is not btc problem? They (and some other lettered entities) can always made up some if prodded hard enough. SEC is not a BTC risk. There is a huge difference between XRP and BTC. Ripple Labs is a corporation that prints and controls XRP. There is no equivalent in BTC (and no Blockstream is not the same). The SEC is doing us a favour by killing off competing shitcoins. Bitcoin dominance will soar further. |
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Moving is complicated. A big problem is you may have family/friends/whatnot at the old place who you can fall back on if things go weird short-term. Move to a new place and that's not there. So the lack of any kind of a safety net (social or financial) keeps people from just being able to "move".
That's totally not counting the xenophobic nature of people to reject anyone new in their community.
TL;DR Arrie the xenophobe says Africans are stupid for living where they live. Should they move to cooler climates, they're sure to find friendly landmines to welcome them. Also if Africans don’t like being poor, they should just be rich instead |
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In memoriam...of something https://www.trustnodes.com/2020/12/29/sec-sinks-xrpSay what you want about that shitcoin, but the wanton destruction of monetary value (maybe wrongly attributed, I agree) is not something that I adore. Honestly, if this would eventually cause SEC demise as a regulatory agency, so be it (see quotation). XRP perhaps couldn’t withstand this injustice, but few can commend the way SEC went about enforcing it, even if they do agree.
Where coders are concerned, this is just another round they don’t even care about in a long running battle. The question is: will SEC be destroyed in the end?
You can not just wipe out tens of billions without courting hate, especially when the institution was already hated due to its investment prohibitions injustice inscribed in its very foundations. The 'subtracted' value is obviously flowing mostly into bitcoin plus 2-3 s-coins (for now) . I don't see how the ethereum pre-sale and issuance schedule makes it anything different than a security. After ripple SEC will surely have ether in it's sights. Forever looking over their shoulders now. Absolutely, especially since there is, apparently, no time frame limitations. Another point to mention-i got a link to FTX from somewhere and there it was: USA is in an "interesting" group, together with N korea, iran, Crimea, etc. Same for many other investment sites (Deribit comes to mind). We are being cordoned off-all thanks to SEC and their malcontented Howey test, which should have been buried decades ago. Add to that the concocted 'accredited investor' statute. It's like you want darwinian evolution, but handicap some people in the race. Fuck XRP and good riddance. They are scammers just trying to ride on Bitcoin’s coat tails, no different from Bcash lol. And fuck Eth too for that matter. I have done enough with ETH to know it’s a shit show. Accredited investor schemes are there for a reason. And the reason is because Aunt Mabel can’t be trusted not to get caught up in bumblefuck Ponzi schemes like Bitconnect. So she goes screaming off to her Senator for a resolution. And the resolution is that Aunt Mabel isn’t allowed to play with the big boys anymore. And that’s a good thing, because the big boys will take her money and leave her with nothing every time. There are plenty of accredited investors that do their dough all the time. But they aren’t supposed to whine about it. If you have 40 BTC right now, you are an accredited investor. And that amount is falling all the time. By the end of this bull it might be 5 BTC or less. |
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If this is the 2020 tax year selloff then we are ... umm... in a bull market?
(tax year selloff for ants?)
We still have to make it through the next 48 hours. But yes it’s definitely looking strong right now. |
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Very impressive colouring jobs there guys. A lot of hidden talent~!
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The end of the year is already close, everyone is eager for change, especially considering that BTC has crossed the 20K mark and set several new records. So I thought, why not bring some small but rather significant updates to this thread? I suggest updating the first post by adding a matrix with the regulars of this hangout.- The profiles of the people (below) have been sorted according to their contribution to the development and maintenance of interest in this place.
- I also excluded from this list inactive people and those who sold their soul to the devil (who worship BCH & shitcoin SV).
p.s. I join in the words of Hhampuz, you guys are fucking cool! [Although, it took me two hours to put together the bbcode that emphasizes your awesomeness]This is very pretty. What was the ranking criteria? |
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Gotta say some very high quality artwork there. Keep it coming gentlemen!
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Maybe like a golf handicap?
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Do you think xhomer was colour doping?
Do we need to involve The World Anti-Doping Agency?
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