imagine it

paying tax on ingame purchases.. turns Steam into tax reporting agents of its customers rather than games retailers

so soon you wont be able to play online games without KYC

Welcome aboard. Accepted for Hero payroll. Please wear signature and avatar and make post below this response with the total number of posts you have. PM me a bech32 address with email address (optional) to connect you with the spreadsheet.

We are CFNP again and officially starting our first week (W1) from tomorrow.

Cheers,

that sounds like a strange situation indeed. i'm assuming all 12 of them are pro-ordinals for sure. but maybe not? what's the benefit of being on the "PR team" do they get chocolate chip cookies or something?

Fed on brink of fifth(?) round of quantitative easing

NFTs dramatically reduce the number of transactions confirmed per block.
They increase the number of unconfirmed transactions, which has been high for quite a while.


Not sure why anyone wouldn't call that an attack and an exploit.

Well, he wanted to use LN which is offchain. It wasn't my idea, it was his. I'm providing an actionable solution to an easily solvable problem.

What you are offering is just more opinions and complaints which doesn't actually help solve anything.

It's not easy to refrain from getting caught up with whatever the BTC price might be doing in the short-term. .and then once some seemingly extreme BTC price move happens, then get caught into a kind of thinking/believe that the short-term direction (momentum) is going to continue (and then suddenly the momentum reverses), and for sure the past several weeks have played out in see-sawing kinds of ways for bitcoin, and even if we look at the BTC price charts, there is nothing in the charts that really look very scary - except perhaps that bitcoin seems to be (at least temporarily) playing out the opposite of the various other calamities that are taking place in the overall market - and there seems to be a quite a bit of hostility being expressed towards bitcoin and maybe even some decently strong attack actions too.. but like you mention, honey badger does not seem to give too many shits, and truly if various governments (like the USA) become more and more hostile (and wanting to battle with bitcoin), then it is likely going to cause battles within the country but also likely cause some of the BTC price movements to get their initiatives from outside the USA locations, so surely there are some sayings within bitcoin that governments are not able to ban bitcoin, but instead they are able to ban themselves from bitcoin..


....and we have seen quite a few examples of governments banning themselves (and frequently certain fall out to their citizens) from bitcoin, but then they seem as if they end up having to flip-flop in terms of their banning and unbanning and then banning again and just showing that they are not really able to have as BIG of an effect on "controlling" bitcoin as they seem to be striving to accomplish - especially since BTC is an international phenomena and the word is getting out more and more that bitcoin has a potentiality (and even a likelihood) to be able to benefit everyone, and even though the "rich" can benefit too, the "rich" are likely going to have their wealth transferred away from them because they are spending too much time failing/refusing to recognize bitcoin and/or to appropriately allocate into bitcoin, which continues to create opportunities that are available to less well off (less financially rich) than other folks in the world to be able to advantage themselves by investing into bitcoin and even attempting to be prudent about their creating and following an ongoing investment into bitcoin that likely will pay off well over the longer period - even if there are continued battles and uncertainties in the shorter-term periods.

and for sure none of this UPpity is guaranteed.. but yeah we HODL and we accumulate BTC if we still have not gotten enough and especially if we are barely starting in bitcoin then we should be considering buying regularly and then maybe saving extra to buy on dips too.. and yes, none of us know how much further dips there are going to be or how much should be saved for the further dips, and that remains part of the justification to just buy regularly and be careful not to wait around too much, just in case dips do not happen and just in case such dips (if they do happen?) do not go as low as anticipated.

If you were just trying to receive a tip, you could have opened up a custodial LN wallet and then transferred it to yourself later.

There's always solutions to problems caused by "high fees." Seems like people would just rather complain than consider them.

The weirdest is when people believe their complaints actually have some sort of effect on the situation.

And that's your opinion because what I said is a fact.

There is no vulnerability in Taproot, there is an exploit in implementation of Taproot that is in bitcoin core. The core devs either didn't foresee this attack vector or they saw it and didn't care enough to prevent it just like they'd prevented similar attack vectors in the past through standard rules.

I am not really sure if your response is saying much of anything.^**

(**ps.. I am not proclaiming to be saying much of anything either.. even though I felt somewhat compelled to attempt a response.... so there is that angle, too)..

We can choose to invest or not to invest into anything...  and those are investments of time, energy, psychology and financial value... invest or consume... or maybe there are more ways to frame our choices?

We can also choose how much to allocate to any investment, including choosing not to invest anything or to do nothing, which may well still add up to something similar to not investing anything.

Sometimes when we are young, we are not sure what we do not know, and so we are learning along the way, and surely some people start out with bad information, bad circumstances and bad options (or at least not very many options), and sometimes they can make choices to increase the odds that they will do better in life or that they might end up doing worse in life than what they could have had done.

Some folks have to work harder than others, and sometimes the hard work does not end up paying off, and maybe it could be more guaranteed that a person will not advance if they do not make any preparations to invest in themselves in various kinds of ways - and sometimes any of us could be presented with opportunties at certain ages, but those opportunities might not be available at later points in our lives, so if we do not choose at a certain point when we are in our 20s, we might not be able to make similar choices in our 30s, 40s or 50s because those opportunities to invest versus consume are no longer available.

In regards, to the bitcoin price it is possible that this week is the last time ever that prices will be below $30k, so there could be an opportunity to invest..

But the fact of the matter remains that we do not know, and we could be kicking ourselves if we took out a loan for all of our income for the next 5 years and we invested it into bitcoin at $27.5k, but then for the next 5 years, bitcoin prices end up getting stuck between $5k and $15k until the year 2028.... so then our investment ended up NOT paying off in a positive way, and we would have had been better off to just invest with money coming in rather than to front load our investment into bitcoin.

There are other ways that the future ends up playing out that our investment pays off stupendously, and our leveraging (including our having had taken out a loan - almost in a gambling capacity) had paid off way more than a more strict approach that relied only upon our income as it comes in.

Some folks are more inclined to gamble with the various ways that they invest, and surely some of us (including yours truly) would proclaim that they are not investing because they are inadequately accounting for the various outcome directions, so even if they might be successful for a while, if they continue with that kind of practice, the odds become higher that they are going to end up either losing big time or to at least have had done worse than if they had taken a more prudent approach.. .. there are ways to be aggressive and prudent at the same time, and frequently the line is not clear... the line between investing and consumption might not be clear and the line between investing and gambling might not be clear either... yet each of us has to make our choices based on the information and resources that we have available, even if we might not actually understand the information or the resources that we have available or how that we can use our information/resources and even if there might be people in the world with better information/resources than us.. and sometimes the one with inferior information/resources will later surpass the person who had superior information/resources based on choices that had been made earlier in life.  Of course, there are no guarantees that doing the right (or better) thing will end up paying off.


Of course, no one can predict, and some folks have better information views than others, and some people figure out better ways to "play" their options/outlooks than others.


Yes.  There are ways to play your bitcoin options that give a lot of weight to that or alternatively there are ways to play your bitcoin option in ways that attempt to account for more important (and other) variables... in order that you are largely prepared for no matter what ends up happening....

For years there have been people who have been basing their investment choices into bitcoin based on what they believe that the fed will do and/or other macro factors, and they have been touting out nonsense regarding how bitcoin prices are correlated to equities, fed rates and various other macro factors like that, and sure there may well be some short term correlation, but a lot of people have gotten fucked because they fail/refuse to appreciate the reality that bitcoin is way less correlated than what the various pundits are proscribing it to be.


Yes.. of course, anything could happen, including that the bottom of $15,479 might not be in... but also it is also possible that the bottom is in, and we will never see prices below $27k ever again.

I would suggest that it would be better to be prepared for a variety of scenarios, while at the same time appreciating that some scenarios are more likely than others, and frequently, it is not too your interest to put too much preparation into scenarios that are less likely to happen or to prepare for something that is going to cost you a lot to prepare for and it might not end up happening...

so yeah..

choices must be made regarding how much dry powder to deploy, under what circumstances and whether whatever you have been doing is already good enough or whether there is some need to tweak what you were doing to bring you into better alignment....

Not too many folks are going to know whether you are sufficiently/adequately aligned or not better than yourself, but sometimes even the self makes mistakes.. so shit does end up happening, including that we have had more than 9 months of opportunity to accumulate more bitcoin through a buying on the dip approach, so it may well be overly expecting matters in which more dip opportunities are coming... They might come, and they might not come, and hopefully, you are already sufficiently and adequately prepared for UP, just in case more dip does not end up happening.


Yes.. I surely do remember that, and yes something like that could end up happening, or it might not.  We are not currently in 2019 - even if there could be some similar dynamics going on, yet there could be some dynamics going on that end up looking way more clear down the road after the whole matter plays out, and maybe instead of correcting back down after a 3.5x price appreciation, no correction ends up happening.

I am not going to proclaim to either know what is going to happen, but I am not going to deviate from practices that I have already established over the more than 9 years that I have been in bitcoin in that I am largely prepared for either direction and even extremes, and in my own experience, the longer that any of us has been in bitcoin, the more that we should be able to figure out how much resources we are going to put into (or hold aside) in order to prepare for extremes in either direction that might happen (or might not end up happening).

   
Can old trading strategies work again?

Bottom line is no matter how a small group of people swing this, Ordinals is an exploit since it is using it in a way that is should not be used, ergo it is categorized as an attack on bitcoin.

Let's bring the discussion back to dedollarisation instead of War Propaganda.

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Let me share a theory I heard recently that involves possible Finland joining NATO and collapse of (Soviet)United (Union)States.

We know that one of the major factors contributing to the collapse of the Soviet Union was economical. All those little countries with loads of economical problems were under the Soviet umbrella and Soviets had to provide them with enough incentive to keep the "loyal". To put simply as the economical problems grew, eventually the whole thing collapsed.

A very similar situation is happening again. It is not example a "union" like Soviet Union but more like a bloc were US is absorbing all these little countries into it. All of them (the entire Europe) has been facing a crisis and US not only been incapable of helping but they've made everything a lot worse by printing more dollars and exporting that inflation to Europe and by selling energy at extremely high prices and at small amounts that helped deindustrialization of Europe. Now more little countries like Finland with all their economical problems are being added to this "bloc" while US economy is slowly collapsing itself.

On the other side we have an Eastern Bloc that consists of the strongest economy (China), members from the West (like South America including Brazil), almost all the energy in the world (Iran has been in the bloc from day 1, Arabs are joining in like Saudi regime which is literary the only reason why Petrodollar is alive, tiny Arab nations like Qatar/UAE/..., Venezuela and more),... and the whole bloc's economy has been growing over the past year while separating itself from the failing Western Economy and also from Dollar.

The theory is that some experts suggest that what we are witnessing today is the start of the collapse of United States in a very similar way Soviet Union collapsed.
This also means more tensions, more conflicts and more nuclear threat.... and threat of WWIII which could also be averted when US collapses like Soviet Union did and nuclear war was averted in 1990's.