a Welsh coin I believe. every time you shag a sheep you get a daicoin. Alun Wyn Jones is a very rich man now
i feel cheated. i just get mine deposited by magic or something, i dont get to enjoy the shagging the sheep part. |
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What is Dai? why do I suddenly have some?
coinbase has been giving me some for a while. i have absolutely no idea what they are for aside from selling them. where are they? like what wallet did you find them in? |
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actual facts
wut? this is the WO thread? oh wait |
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$70,000 to pay for his hair care and that is according to his own filings - is somewhat ridiculous  i wonder how much per individual hair that comes out to. |
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^^
asking the important questions
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JayJuan, I was going to quote that period you deleted.  #justbullish I had posted a wee bit of a rant that I had decided to remove to off chain (off thread), and maybe sleep on it and reconsider whether or not to post because even I was starting to become a bit too much weary of my own lil selfie...  In other words, before I deleted the rant, I converted such rant to a period first.. and you must have viewed such interim step. so, some sort of advanced compression, three or so pages of text compressed to one period? i shudder to ever see a post of yours with several periods in a row. what amount of compressed text that would represent.. much wow |
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tbh it feels like 2011 to 2014 to me. lots of bleh with random noise tossed in. then the terror. then the disbelief. then the joy.. well still waiting on joy kinda in this cycle although im happy enough where we are.
Your comparison is off the 4-year fractal pattern... Because 2011 to 2012 (from my looking at the charts - not personal experience) were largely flat and bleh... But 2013 was filled with the adventures of two blow off tops in one year, that largely made a pretty BIG ASS blow off top - so even though I did not get into bitcoin until at the end of the second blow off top, I could hardly imagine that any HODLers or otherwise active BTC participants would be feeling anything that resembles the level of bleh that currently seems to be in the air. Another thing is that with the passage of time, holy fucking shit vapourminer, all of bitcoin's metrics continue to grow, in terms of looking at the various network effects that were not even close to current levels of maturity in 2011 to 2014 - slapped you hard enough in recent times... #nohomoyou may well be right, the fog of sex, dementia, drugs and rock and roll could possibly of dulled my memory of that period. most likely i remember it that way as because i was mining all through it no matter what the price was, i was just mining for the network and stacking sats was kinda secondary in my mind. i made profit early on so didnt really pay attention to the price. gear was paid off, i just let them run and the profit i just let ride, pretty much. so yeah it probably was more exciting than i remember. but of course now most of us have a lot more riding on bitcoins price than back then. |
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So i say again if u want to keep some money for trading on an exchange fair enough, but if you are using that has your primary form of storage for your Bitcoin or other cryptos then you are only asking for trouble. Yeah, that's kind of my point as to why this "proof of keys" movement is pointless. In the case of this KuCoin hack, then in all likelihood everyone who tried to withdraw their bitcoin on January 3rd would have been able to do so without any issue. If they all then deposit it back the next day, then it has made exactly zero difference to their safety, and they would all still be in the same boat they are in now with the exchange being hacked, funds being locked, withdrawals being frozen, etc. Part of the reason people leave their coins on an exchange is because they are too lazy to spend a few hours to learn how to safely set up their own wallet. If they are willing to go through that process just for the proof of keys day, then they would be willing to go through that process any time for their own safety and security. Better for everyone to just teach newbies to withdraw any coins they have bought as soon as possible, and to keep their coins off exchanges permanently unless they are being actively traded. proof of keys isnt about how hackworthy an exchange is, its to prevent fractional reserves. unless im misunderstanding where this thread has gone. sure, pull everything for proof of keys day, put back next day, exchange then gets hacked. coins gone. but one has nothing to do with the other except exchange hacks probably wont be scheduled for proof of keys day heh. i leave trading amounts on exchanges. if it all goes byebye well that would be annoying but hey thats the risk i personally take for the convenience of having orders all stacked and on autopilot. but a lot of people just dont have the technical chops to be their own bank and computer IT guy. until im VERY confident in their skills on wallets, keys, seeds, backup strategies etc all work i tell just them to open an account at a trustworthy exchange. for example an exchange i use accepts yubikey 2FA, whitelist withdraw addys, some vault thing that adds a couple days to withdrawals or some such for safety if your account gets hacked. usa based and registered for what its worth but as a usa citizen i need registered exchanges for my on/off ramps. but soon as one is ready for a real wallet they should pull all of it out. they just need to be very aware that if they make a mistake its gone. |
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Again, you are reading from the history books = bullshit  Again, what are your sources? Books of engineers and PhD's who did the qualified research, that is why i am trying to tell you, that you should do your own reading   Aliens
im with this fellow |
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Of course, we are not guaranteed further bitcoin price appreciation spikes, yet like you suggested, we likely felt very similarly from 2014 to 2016..... seems like such a long period, while we are suffering through it (those of us who are suffering with our glass half full perspectives - not really claiming myself to be in that doom and gloom camp - even while I appreciate that there are no guarantees).
tbh it feels like 2011 to 2014 to me. lots of bleh with random noise tossed in. then the terror. then the disbelief. then the joy.. well still waiting on joy kinda in this cycle although im happy enough where we are. |
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the theory i like (unsure if its mentioned in the wiki) is they built the land around it up as they built it so they "just" had to move the blocks uphill on logs etc to the stone (thats now even with the new ground level) they wanted it on. when that layer is done move more dirt in so its now even with the new level you just built. then, just remove the dirt. poof. snimple if you have basically unlimited dirt, manpower and time. |
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It seems everyone in Bitcoin these days is sitting around waiting for the proverbial "moon shot" that's supposedly just around the corner.
i swore moon was scheduled for this weekend. will be disappointed if we are not all filthy stinking rich(er) by monday. |
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The fight between Nada & Frank was hilarious. Just wear the fucking glasses man! Damn!
i think they promoted this fight scene as the longest fight on film thus far when the movie came out. fun movie. |
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I would not mind talking about king daddy, if any one here had heard about that? Kind daddy bouncing between $10,138 and $10,350 in the past 12 hours. Must have gotten some peeps bored that such price movements are not interesting enuff. Stick - poking continues. king corn? that lazy good for nuthin thing with the price that forever drifts between 10k-11k ish? my pet glonk is more active than bitcoin. snooze fest. |
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I don't even get out of bed for less than...oh wait 24 big ones per diem...that is worth having.
No wonder Barry is so fat.
huh? thought we only heaved ourselves outa bed when we were exceedingly rich (like to stumble to the next yacht in line or something) or when exceedingly poor (to compete with the rabbits for all the good food and grass etc to eat). theres stuff in between? |
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ok since ive long lost the 4d chess narrative bit and other lunatic ideas that have floated through this, please refresh me brain: whats the end goal?? 1. he want to prove hes satoshi and then owe to billions to Kleinman he cant access, because, well, hes not satoshi 2. he wants to lose this particular case, and be off the hook for 1/2 those "mined coins" he pretends to have and so now he can tell Kleinman to sod off. 3. padded cell for life 4. profit? im not really interested in this idiot but still, i am interested in a train wreck sort of way. and yes, i feel horrible about it too |
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Do you guys think all of this covid back drop will be bullish or bearish for bitcoin in the short to medium term?
depends. will the newly deceased covid victims have left their keys to thir estate/whatever or are those coins lost forever due to no backups or such.. if the 1st no real effect but in the second case good news.. a donation to all so bearish, kinda |
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i keep some parked on exchanges for whatever. and while it would be annoying, i could afford to lose them if the exchange tanked.
but on proof of keys day i do try to have most all of that off the exchange in my own wallet for the 3rd.
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Almost all bitcoin transactions in the future will be done on exchanges, between bank accounts, or through digital warehouses without any bitcoin moving on chain. I'm not holding mine like that but you know most people and companies will, out of fear or because they don't know any other way. Nice list. You are basically describing a centralized shitcoin that’s like meta-Paypal 2.0 with magic “blockchain” pixie dust sprinkled on top. Who needs it? (Not the banks, who do not like transparent blockchains for their own use! There is a reason why JPMorgan Chase (!) paid the erstwhile Zcash Company to adapt zk-SNARKs to their own bigbank confidentiality requirements. See also Greg Maxwell’s discussions of bigcorp interest in Confidential Transactions—which are accordingly implemented in Blockstream’s Liquid. Only idiots make their own finances publicly transparent; bigcorps are not so stupid.)Notably, you omitted Lightning Network, and other off-chain things not under the control of banks and other regulated corporations. The end game is bitcoin becomes the settlement layer for the world. Transaction costs are going way up in the future, you're not going to want to do on-chain transactions when it costs $1000+ to do so, but if you're settling a billions dollars, that's a tiny price to pay. The fact is, whether we like it or not, very few individuals (other than those of us here) will hold private keys in 10 years. The transaction costs alone will ensure it. That would turn Bitcoin into a bankers’ wet dream: The totally controlled, centralized, regulated basis for a cashless dystopia in which everybody can be tracked, traced, and forced to ask permission to use money. That is not a new allegation, and it’s not true. The fact is, whether you the bankers like it or not, cryptographic cleverness will continue to enable technologies that put the individual in direct control of his own money. most people ive talked to about bitcoin think like rolling is posting right now. so i talk about seeds private keys wallets lightning confirmations etc? i usually get wtf as an answer so i tell them open an account at coinbase (USA) and yeah bad rap but ive had em for like seven years no problem. i tell them just leave it there. later i can explain the real deal but i gaurentee only one in five would care; the rest would leave the coin there and use it as their main wallet. so yeah those are gonna be off chain once coinbase hooks to all those merchant payment portals. all just internal database entries. |
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I know money does not buy happiness. In fact it sort of seems like it might challenge it, lol. But it *DOES* allow one to stop being a slave making someone else money.
money buys convenience and time (as in time to gauge the situation and plan accordingly..) and sometimes health. but happiness is where you find it and mainly a state of mind,. ive been poor and happy. well not poor as in starving to the point of deaths door but poor to the point where i did wonder what the next meal would consist of and when it would happen.. that is the suck im the 1st to admit. anyway sorry to hear about that. i wont pull the "dont worry youll be fine" bit; thats an insult. but hang in there, we coiners have the advantage, we just need to ride it out a bit more. doesnt mean its easy in the now though or that it will be guaranteed. just better odds than the nocoiners have. |
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