We may have dropped below $10k, but I ain't changing my 5-digit hat. My hat-changing algorithm has a built-in hysteresis of $1000, so we must drop under $9000 for a hat change to occur.
Which it won't!
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Yo r0achie, you've been quiet recently
Fe fi fo fum. Look out Jew shills, cuz here I come. We can even put JayJuanGee in the camp with the Jews, so get ready. So get reeeeeeeeeeady. JAWOHL MEIN FÜHRRRERRR!! Au weia - bitte nicht nur spass! D.A.F. - Der Mussolini
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Just looked at the price. Another AYH. This is fine. This is NOT a haiku. Going to HoDLsleep soon...
Don't forget to encrypt your laptops and lose your keys in a kebab accident.
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I've been infected! Can't stop watching Bitcoin price. Coronavirus?
#haiku
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BSV nodes are accidentally connecting to BCH nodes. Bitcoin SV (BSV) is a hard fork of Bitcoin Cash (BCH), and it seems that its architects did not change much. Bitcoin SV’s shoddy engineering allows for some BSV nodes to connect to BCH nodes when in safe mode.
The issue was brought to the attention of devs last week, and it was unfixed until recently. According to the comment on GitHub, the Bitcoin Cash blockchain is longer, which sometimes fools the Bitcoin SV node when in safe mode. It automatically enters safe mode when it finds a longer but invalid chain. The temporary solution now is to force-disable safe mode. The issue underscores how similar BSV is to BCH—so similar that, apparently, even the nodes themselves sometimes struggle to tell the chains apart. The fact that the issue was allowed to persist for so long is also damning in its own right. Bitcoin SV has been live since November 2018, and only now this issue is being brought to light. Either the devs or doing a poor job or no one is paying attention to the actual architecture of Bitcoin SV. That's exactly what I meant when I said in an earlier post that any changes to the protocol must be done gradually, robustly, and in a well thought out, carefully controlled, and thoroughly tested way. It's OK actually, these are just the consequences of their arrogant, ego-driven actions. Let it all collapse upon them.
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Bye bye 4, hello 5, on to 6 and beyond...Proudly wearing my 5-digit hat, hope to not have to wear the old hat, which will be kept and preserved for historic reasons, to remember when BTC was really cheap at 4 digits... Congrats to eddie13 on a well played game. We are all winners!
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Total restructuring and regulation will occur when bitcoin is integrated into existing traditional ATMs installed in or owned by banks. Reading your posts makes me wonder if we are going to be able to cash out / use our BTC when we reach $100+k / BTC, without banks and governments giving us the third degree... No, of course the g-men will always try to put their greasy hands on your precious But the point is: what if you won't ever need to cash out? I've always liked this meme. That's the ultimate goal.
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Total restructuring and regulation will occur when bitcoin is integrated into existing traditional ATMs installed in or owned by banks. Reading your posts makes me wonder if we are going to be able to cash out / use our BTC when we reach $100+k / BTC, without banks and governments giving us the third degree... Edit: FWIW, I'm totally OK if the government takes a % of my coins and let me use the rest as I want without any interference from them.
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A different perspective on Coronavirus. Just got this via WhatsApp from a Chinese friend. Sorry if already posted.
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Wow, my rank has just upgraded - a new hero is born Thanks mic for the last merits to 500th and for being a true inspiration to all of us! And thanks all WO brothers for the honor of sharing my sincere thoughts in my posts! #HODL #StrongHands Congrats ivomm. Legendary soon!
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Will be fun to read the posts by r0ach and the BCH/BSV'ers.
Why conflate? I fail to understand. BTC up 5.6% in last 24 hours. This is good BCH up 14.8% in last 24 hours. This is gooderer. BSV up 9.6% in last 24 hours. This is gooder, too. edit: oh - sorry 'bout that, nutildah Correct. In the last 24 hours. Extrapolation is a dangerous beast. What makes you think that the relationship between BTC and BCH/BSV will be necessarily linear? We'll know soon enough. IMO, the best strategy is Jimbo's. Coins untouched, keep legacy coins in their legacy state (forked coins intact), cash out when the time is right. I dunno. You said it'll "be fun to read the posts by BCH/BSV'ers". I'm just trying to put the fun in your day. That's all. Though I still wonder why you conflate us with The r0ach - the miserably misguided anti-crypto-in-any-form-er, blinded by his/her flawed axioms. And no, I don't think any such price relationship will be linear. Indeed, it is demonstrably _not_. Further, in the next FOMO rush, I expect BTC to outperform BCH and BSV. (::gasp!:: What did he just type!?) Right up to the point of Blockalypse II, when all that demand will be rebuffed by BTC's latent fatal desire to be exclusionary. And all that demand will find elsewhere to go. Into the more faithful renditions of Bitcoin. Of course, if you have no solid convictions on the matter, Jimbo's approach does indeed make a lot of sense. The fun will be for different reasons. But it will be fun, that's why both were in the same sentence. That's the only association there. I also don't think the relationship between BTC and BCH/BSV will be linear, hence my comment on the 24-hour data extrapolated to the $100k/BTC time point (probably 30,000+ hours from now). Based on what I know about BCH/BSV, their team (Wright, Ver, Wu, Ayre et al.), their history, modes of operation and motives, my bets are on BTC, and that's a solid conviction, that's why I don't hold any BCH/BSV. My coins are where my mouth is. About the infamous "block size" issue, when a genuine need for a size increase arises (not due to spam attacks of above mentioned team of individuals), I expect a solution to be implemented. Gradually, robustly, in a well thought out, carefully controlled, and thoroughly tested way. I think we'll all be here to see how it all unravels. Hopefully soon.
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Ultra instinct at $100k. AYH after AYH... 350DMA still looking upside. They tried hard @ $7k to reverse the bullish momentum but failed. This thread will really be something at $100,000 brother Will be fun to read the posts by r0ach and the BCH/BSV'ers. Why conflate? I fail to understand. BTC up 5.6% in last 24 hours. This is good BCH up 14.8% in last 24 hours. This is gooderer. BSV up 9.6% in last 24 hours. This is gooder, too. edit: oh - sorry 'bout that, nutildah Correct. In the last 24 hours. Extrapolation is a dangerous beast. What makes you think that the relationship between BTC and BCH/BSV will be necessarily linear? We'll know soon enough. IMO, the best strategy is Jimbo's. Coins untouched, keep legacy coins in their legacy state (forked coins intact), cash out when the time is right.
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Ultra instinct at $100k. AYH after AYH... 350DMA still looking upside. They tried hard @ $7k to reverse the bullish momentum but failed. This thread will really be something at $100,000 brother Will be fun to read the posts by r0ach and the BCH/BSV'ers.
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Yeah, nice article, especially for forwarding to beginners. Owning 1 full BTC will be a big deal in the (near?) future.
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i m here for Bitcoin, the one Satoshi designed for us.
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Male Greta! Babies dying and all...
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I need BTC to go to US$ 75000 in 15 years. Will it go that high ?
Yes.
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Unfortunately denmark is not on that list. No wonder, small country. Might be useful if I go shopping for a new country to live in... Or don't use a bank at all. Do it the Jimbo way. Bitcoin ATM, wallet sweep, cash in hand. No names, no IDs, no records. The anonymity is worth the 5% (or whatever it is) commission. Unless you're talking large sums, in which case you need to be extra careful.
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I saw may dad wheeled away yesterday, what if that was the last time I saw him?
Make the most of the time you have with him. Don't be angry and bitter, forgive and forget. Tell him now what you feel, and how much you love and care for him. There will be a time when you can't. And it will haunt you for the rest of your life. Speaking from experience.
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Well, talked to the bank today about "selling the house for bitcoin", or to be more precise to take out a second mortgage, restructure my debts and "get some liquidity" as they put it. Good talk, and it's all settled. I'll be paying a llittle less each month, will have a substantial amount to invest in btc put in my account, and will also have a fixed interest rate for 20 years. Good times.
Of course they asked about what I wanted to the with "the liquidity", so i said I was looking to have some cash ready for when this whole cardhouse comes tumbling down, and invest in btc. That was a good enough explanation for them.
Nice bank. Crazy system. 1.7%.
FWIW, I support your decision, although it may sound risky. When I got into Bitcoin in 2015, I bought 0.5 BTC for a meager 100 €. I had a large sum of fiat available at the time, but I chickened out, and only used 100 €. Over the course of the following 3 years, I gradually (unnecessarily gradually) used said large sum of fiat to buy the remaining of my coin stash. Had I used the entire said large sum of fiat in 2015, I would now be owning 10x more coins than I currently own. Lesson #1: Best time to buy BTC is NOW. Lesson #2: Buy as much as you can afford to lose (but not less). Of course, you must be prepared to endure some potential setbacks (e.g., bear market of 2018), but even then, you'll be in great shape in t+3 years. Not using my BTC buying potential in 2015 was the biggest mistake I've made in my life.
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