|
Looks like I'll soon be wearing my 5-digit hat.
But not just yet, got to use hysteresis, or else I'll be changing hats faster than the forum updates my avatar...
Threshold set to $11,000/BTC.
|
|
|
|
|
I get a SOMA sense that a BULL run is imminent...
BULL run imminent...
Seat-of-my-pants kinda guess.
Strictly NO homo!
#haiku
|
|
|
|
Jeeezus... There's a lot to unpack in there .... Maybe have a "Best caption for this Pic" contest. $100k party.  |
|
|
|
Taking a sort of ad hominem stance by calling people who validate the protocol and transactions on the bitcoin network "irresponsible neckbeard hobbyists unable to make the proper life choices to enable them to leave mommy's basement" is not helpful or realistic IMHO.
Nope its called a strawman (wrapped in a red herring) and is a tactic Jbear falls back on when he is losing an argument. Logic fallacies are the shield liars, thiefs and schemers hide behind rather than admit their true goals. We all know those "neckbeards" created bitcoin to protect against the centralist bankers that BSV is bootlicking. It also hurts my soul that JB is parroting the talking points of the BSV drones. I mean, it's one thing if the argument is valid. But this is just as bad as the "thousand socks of nullc" talking point (quite the neckbeard by the way...). And that's just it. No one is making a coherent argument for that fork. They bring up "protocol set in stone" as they change it. They fall back on "Law(l) and courts". Often you get to hear the "So many people are not smart enough to get it" or the "DYOR" argument. The the abominable "CSW is SN" garbage. Another one of my favs is Calvin running around accusing people LEFT AND RIGHT of being paid trolls. I think Kevin Pham was OBVIOUS in that regard, and I have my suspicions that possibly Daniel Krawictz also was in that category. I have NO DOUBT that various twitter "influencers" received compensation for something like that. And his proclaimations of paid trolls sort of ignores the FACT that Bitcoin niether NEEDS or even cares about paid trolls. What bitcoin HAS done is chew up and spit out just about everyone who has ever either purposefully (Pirate@40, so many others) or accidentally (Carpeles) attacked it. Think of it from Faketoshi's perspective and it all makes perfect sense. How would you go about getting access to bitcoins without private keys? Your only real option is to start a legal battle, get some judge's order to "assign" them to you, and in parallel try to centralize the miners so that you could try to enforce that order with minimal costs, the less miners/validating nodes there are the easier it would be to force them to comply thus you're more likely to succeed. Label everyone that doesn't agree a criminal And if you really want to go down that line of thought look for whatever is behind CSW pushing that goal and what can be accomplished once a precedent of not immutable is set.  This is why it is our obligation to protect decentralization and fight centralizing forces before they take root.Sorry, I just had to enlarge your last sentence... |
|
|
|
I get all that, but this is not an argument of exchange vs. no exchange, even when you decide to use an exchange, you do have other options. Why not use exchange (with all the same issues/risks as above) but doesn't have a history of trying to fuck BTC any chance they get? Kraken/Gemini have all the same issues but don't seem to actively go out of their way to screw with BTC
[re:coinbase] i was/am planning on opening a gemini account but last i went to join they wanted my login to my bank. no thanks, coinbase does the two random transaction and you just confirm them. did that like 7 years ago and been there ever since. yeah they are getting draconian. but its solely an on/off ramp for me. i dont send/receive coins to <wherever> from coinbase (ie i dont use it as a wallet). i xfer out when i buy, xfer in when i want to sell. doesnt mean they cant freeze it if they dont like where they came from. i have signed messages for some coins - mining payout addys mainly - if needed (never needed to show that though), and coinbase supplied the others. and i do keep a bit there for trading. such as it is lately. but youre absolutely right, coinbase is going downhill as far as snooping/chainanalysis/tracking and such. government must be loving it. ΙΜΗΟ, people often tend to exaggerate different issues they may have had, or have heard happening with exchanges. I've read many negative comments about Kraken. I've been with them for several years now, and have had an excellent customer service on the very few issues that arose. It is currently my no.1 choice of exchange. |
|
|
|
I just hope that it won't ever be necessary to add WO next to BCH & BSV
Who give a F**K to shitcoin? You didn't get me, but it's OK... Nobody gives a fuck about shitcoins, but we do give a fuck about WO... All good, keep HoDLing and in a few months' time the thread will be flooded with Carolina memes, I'm sure of it. |
|
|
|
I just hope that it won't ever be necessary to add WO next to BCH & BSV:  |
|
|
|
[...] [...]
Just be positive, and that positivity will come back to you 100% guaranteed. Sounds so cliché, I know, but it's true and it works -- whenever you have a bad argument with someone, or break up a friendship, just ask yourself if you ever were even a tiny bit unfair or did something wrong. If the answer is Yes and/or you've had a rough sleep the night after the incident, just call that person the next morning, meet up and hug him/her. If he/she doesn't want to do it, fair enough, you move on with your life. But that second chance after things have cooled off is essential. Speaking from experience.
And, sometimes you have given that person enough chances, and when they continue to be in a "bridge burning" mood, you have to let that other person go, at some point. No more chances.  [...] Absolutely correct! |
|
|
|
JSRAW sealed the deal :-)
Is he a Legendary now? No he is still Hero Member. Icygreen is Legendary now. Congrats Icy. When was the last time we were this quiet? Yeah, congrats to Icygreen, on rising through the WO ranks! Very quiet indeed. It does feel that something has changed... Only one force can remedy this stagnation, and that force is Bitcoin. A pump to $10k+ would surely liven up the place. Not to mention $20k+... HoDL strong brothers. It will come. Just be positive, and that positivity will come back to you 100% guaranteed. Sounds so cliché, I know, but it's true and it works -- whenever you have a bad argument with someone, or break up a friendship, just ask yourself if you ever were even a tiny bit unfair or did something wrong. If the answer is Yes and/or you've had a rough sleep the night after the incident, just call that person the next morning, meet up and hug him/her. If he/she doesn't want to do it, fair enough, you move on with your life. But that second chance after things have cooled off is essential. Speaking from experience. |
|
|
|
|
Fewer hats too... Just quickly browsing...
|
|
|
|
Got to run, friends waiting for a night out... Just want to quickly squeeze this in, because RL is crazy lately... Just wanted to say I'm sorry to see Bob go, if he finally goes. Not every WOer has top chemistry with every other WOer, but Bob was/is a strong voice in the thread, as are many others. If it's opsec, fair enough. If it's BTC getting stuck @ Vegeta prices, not a reason to leave IMO. It's not just BTC that matters here. If it's the recent racial attacks, well, FUCK THEM (I'm so glad they stopped posting, let them stay out of WO for good). All the more reason to stay. Anyway, looking fwd to the next mega-pump and I hope Bob is here to celebrate with us. I know he will be. A meme Bob made during the 2017 pump [ post link here]. Probably the best Bitcoin meme ever made:  |
|
|
|
|
Vegetarian menu tonight...
|
|
|
|
|
FWIW, what I think jbreher is saying, is that BTC and BSV can both potentially be equally decentralized. In other words, the algorithms themselves allow for the same amount of decentralization.
However, BTC is currently far more popular/dominant than BSV, and this currently gives it a higher amount of decentralization. But this is not due to the algorithm itself, but due to popularity/dominance, which could potentially change in the future.
Well, I don't believe it will, for several reasons which have been discussed many times here in WO, but that's essentially what jbreher is saying.
|
|
|
|
[...]
You do realize that one can draw at least 20 other lines connecting various tops/bottoms, showing absolutely all possible directions of the future prices, right? Exactly. I'm no expert in TA (who is?), but to me it seems that most predictions of this kind apply Gambler's Fallacy, expecting a coin that came heads 6 times in a row to come tails the next time they toss it. All we need to know to predict where it's going long-term can be found here. For short-term predictions, just roll a dice, and you'll be right 50% of the time on average -- better than many TA charts out there. |
|
|
|
|
Voted October.
Reasons: Jul/Aug/Sep/Oct practically coincide in HoDL time. Voting for Oct is the least disappointing choice.
|
|
|
|
Does anyone feel a bit frustrated with Bitcoin at the moment?
[...]
Frustrated? Are you joking? I'm having the time of my life! My fiat investment in Bitcoin currently stands at exactly 469% of it's initial value. [...]
Are investors fooled or are we fools?
Fools? I don't think so! Some of my friends certainly feel like fucking bozo clowns when they check the price and compare it with the price when I told them about it. They look at the $1 worth of BTC deposits I made to the wallets I set up on their phones, which have now grown to $15, and are asking me how to buy... Before they even finish their sentence, I reply "Google it, mate!" Most of them end up buying shitcoins... We're probably the smartest guys in the room... If you're frustrated, 3 things: Just Zoom Out TM, GTCTTWW, HoDL. |
|
|
|
Ot oh After watching this topic for a while I guess I decided to invest a few hundred bucks in yolodice too. This rollercoaster looks fun. I wish there were more trusted casinos that accept investors' money. Yolodice looks safe enough. It will be a good addition to my freebitco.in investment.
Yolo dice, Mindrust approved! OMG! Why do I get a sense that mindrust is going to be mindrusted (again)? |
|
|
|
you utterly ignorant bellend.
no forum ever has caused me to do so many net searches for some of the terms ive had to look up here. added. Same! Every visit to WO makes you a better person!  My unknowns were {flatus} and {bellend}. Live and learn! |
|
|
|
Nice pumping action...
Edit: soullyG got me by 1 second! |
|
|
|
Always share brother... new people can learn a lot from previous things that happened
Out of merit atm
Sorry
Thanks man. He doesn't follow BitcoinTalk/WO. Will show him the post when we reach 6 digits. Let it be a small record of his story. Hopefully he does not get shaken out of his coins. When people are acting a bit weird, they sometimes want to cash in and buy themselves something nice. I understand getting into bitcoin with a lump sum, but what about dollar cost averaging? He could continue to dollar cost average $50 per month or some modest amount so that he might continue to feel like he is active in his investment, rather than just waiting for it. I think he should be alright, he is disciplined enough to HoDL for a little longer. DCA is a good idea (will discuss it with him), but his home country (Malaysia) is not very Bitcoin-friendly and it's not easy for him to buy or sell BTC there. He could wire me the fiat and I could do it for him, but he considers it too much of a hassle, and his finances are not great anyway, so he's just stuck with his 2.7 BTC for now. I guess that not being able to sell easily has worked to his advantage, preventing him from cashing out his coins as you said. Please tell me i did not just read that he is keeping his bitcoins (having a total current value of $27,789) long term on a mobile phone ?
Yup. That's right. $25,000 worth of coins in Mycelium on a Samsung Galaxy Note 5 (at least it's not a 7!). He has backed up the seed in paper form (IIRC) and has also set up a spending PIN in case the phone is lost or stolen. He should at least get it out of his phone and just keep the seed. Will tell him next time we talk. |
|
|
|
|
Show Posts
