JayJuanGee
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Activity: 3374
Merit: 8402
ESG, KYC & AML are attack vectors on Bitcoin
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August 27, 2020, 05:08:53 PM |
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Actually...... Its been a long time that some WO regulars have been on the WO I'm a bit curious of the thoughts of one of theme, he claimed that around this period a lot of WO's wouldn't be active anymore due of longer time down, I always have respected he's opinion as I do respect all the opinions of everyone who are speaking solid and fair thought... Longer down would always be possible just as faster UP would be as well. But Majormax I think, please share your opinion how you think at this moment  Cause it played out a bit different as how you where thinking... You are correct, dude... Majormax's absence tends to be a bit telling.. and I would not mind laughing in his face a bit... and I cannot recall if I am overdue for such a dose of laughing or not. Of course, we could have a BTC price correction and even have a large and drug out BTC price correction from here, but there do seem to be ongoing upwards BTC price pressures, even at current prices. HODLers and accumulators were not necessarily affected by the negative (and even well articulated bear proclamations), yet surely some would have been coiners could have been overly reliant on some of the prior bearish proclamations and even giving those bearish proclamations too much weight in terms of either failing/refusing to buy BTC, failing/refusing to buy a sufficient amount of BTC or waiting to buy BTC after prices go below $3k (or whatever unrealistic lower corrections were within their hopenings) (hopefully not too many of the normies went so far as shorting BTC, even though I am sure some of them attempted that, too). As I am typing, now, I am seeing a correction, so sure this could be the BIG ONE coming. Observing a low of $11,128 within the past minute ... with ongoing dumpening.  oh oh... edit , edit , edit .... Changed my mind; bitcoin is ded boyz!!!!
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Karartma1
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Activity: 2310
Merit: 1422
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August 27, 2020, 05:11:02 PM |
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Just in case you want to follow Jerome Powell sending USD full brr and full inflation: https://www.youtube.com/watch?v=Eig-NOwTpboENDED NOW. First reaction. They are crazy. They are focusing on unemployment. Letting inflation running high to "help" lower wages labourfoce to find a job. This is nonsense, they get slaughtered by inflation in the meantime. EURUSD, XAU and BTC all going the same direction. They are trying hard to clean the debt shit they created. Now watch out for interest rates, it's going to be a bumpy autumn. Don't get me wrong guys but I think bitcoin could suffer a bit from this in the short term. But in the long run we are moving as planned. Fireworks ahead.
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JayJuanGee
Legendary
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Activity: 3374
Merit: 8402
ESG, KYC & AML are attack vectors on Bitcoin
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Congrats to both JSRAW and d_eddie. Well deserved and welcome to the club. Toxic on deck.
Lesson 1 on how to become a bitcointalk legendary...
-Hang out in the wob thread. -don't spam, -don't commit shitcoinery.... -and don't be a dick.
(I know... I can be a dick, but I was grandfathered in...)
Or -Indeed hang out at the WALL and be humble -maybe spam? ( isn't that what I did?) -Indeed no shitcoinery, or do it off the books WALL...  -mmm we can't all be dickless I think or is the WALL full of pussy ?? -don't obvious fish for merit. ( Damn guilty again, did I fished or not before)  -Don't be a roach, though he's merited a lot as well  Had to merit you for the confession speech... hahahahahaha... It's like if some of us (in these here parts) may have met all our goals in life and then run out of things in which to aspire... We would not want any kind of disappearances of aspirations, would we? Of course, hopefully, you have NOT played all of the hookers, lambos and blow options too early and to often. Getting back to one of the recent mindrust proclamations (i.e. "no way to spend wealth these days"), travel can be a lot of fun, and some ways to both spend wealth and to have some good times with it, and of course some of the travel options have been hampered in recent times, and maybe we are wishing that travel hamperings are merely temporary?... because it would not be right and proper if the only way that some of us could really travel is to have our own private planes... and even having private planes kind of travel (and that level of wealth) could get hampered too if some of the regular joes are not able to come out of our current economic baloney with a bit of meaning in life (not saying that hookers, lambos and blow cannot bring some meaning to some of us)... but there continue to be public infrastructure matters that seem to be necessary for any kind of real comfort in enjoying some of the luxuries of any wealth system... Oh shit.. does that mean some of us might have to share some of our wealth or even invest? Fuck.
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cAPSLOCK
Legendary
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Activity: 3640
Merit: 4964
Whimsical Pants
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August 27, 2020, 05:33:58 PM |
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LOL. Ok, so remember how I mumbled something about $11k USD/BTC being in danger ?
Yeah, ignore all that 😂
Meh. Looks like we are knocking on support one more time... I still say ~11130 needs to hold. Sure seems like with the current fundamental environment we would not be spending lots of time going down.
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JayJuanGee
Legendary
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Activity: 3374
Merit: 8402
ESG, KYC & AML are attack vectors on Bitcoin
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August 27, 2020, 05:40:45 PM |
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Honey badger likes the FED going brrr
I think that we got more than enough bbbbbrrrrr already.. but hey, what do I know.. ? I am no monetarianist. Some of the problem might not be as much the bbbbbrrrrr but instead some of the lack of focus in terms of really directing created money towards: 1) the virus, 2) infrastructure, 3) supply chain fixes... and 4) similar kinds of productive distributions of investments that end up building production whether labor or materials or infrastructure.. Instead, wouldn't a war come in handy about now? Of course, TPTB do not tend to want to focus on productive employment of capital because they are busy dishing out benefits to their buddies while the ship is sinking (or is it?) and they believe that they can preserve the ship while engaging in ongoing deceptive practices... which largely have been working in previous times, and surely this exact world situation of the dollar card had not been played before, either with the dollar being a dominant currency and being able to take advantage (tax the rest of the world) of world reliance on the dollar.. it just might work, one more time before the next implosion down the road likely becomes even worse.. perhaps? The charade can keep going... you just gotta believe.. believe... believe. Don't you believe?
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BobLawblaw
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Activity: 1568
Merit: 5017
Neighborhood Shenanigans Dispenser
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August 27, 2020, 05:44:04 PM |
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LOL. Ok, so remember how I mumbled something about $11k USD/BTC being in danger ? Yeah, ignore all that 😂
Meh. Looks like we are knocking on support one more time... I still say ~11130 needs to hold. Sure seems like with the current fundamental environment we would not be spending lots of time going down. Yeah Also, I picked a bad time to add GBTC to one of my portfolios @ ~$13.50 Sheeit. Good thing I'm hodling long... I guess...
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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August 27, 2020, 06:09:37 PM |
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https://unchained-capital.com/blog/bitcoin-is-one-for-all/“Inequality is something that has been with us increasingly for more than four decades, it’s not really related to monetary policy. It’s more related to [stutter] there are a lot of theories on what causes it, but it’s been something that’s more or less been going up consistently for more than four decades and there are a lot of different theories, one of which is just that globalization and technology call for rising levels of skills and aptitudes and education and that U.S. educational attainment flattened out, certainly relative to our peers, over that period[.]” Jay Powell, Chairman of Federal Reserve (June 2020) seems to be about the poor or some such thing. didn't read
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bitserve
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Activity: 1666
Merit: 1350
Self made HODLER ✓
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August 27, 2020, 06:24:58 PM |
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Getting back to one of the recent mindrust proclamations (i.e. "no way to spend wealth these days"), travel can be a lot of fun, and some ways to both spend wealth and to have some good times with it, and of course some of the travel options have been hampered in recent times, and maybe we are wishing that travel hamperings are merely temporary?... because it would not be right and proper if the only way that some of us could really travel is to have our own private planes... and even having private planes kind of travel (and that level of wealth) could get hampered too if some of the regular joes are not able to come out of our current economic baloney with a bit of meaning in life (not saying that hookers, lambos and blow cannot bring some meaning to some of us)... but there continue to be public infrastructure matters that seem to be necessary for any kind of real comfort in enjoying some of the luxuries of any wealth system...
Oh shit.. does that mean some of us might have to share some of our wealth or even invest? Fuck.
No way to spend wealth these days"? Even if that were somewhat true, because of coronathinggy I assume, one could always buy a fuck you all property to have all the freedom you want inside your OWN place and land and with your own rules. Bleh, there will always be ways to spend wealth. Maybe MORE so in difficult times.
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cAPSLOCK
Legendary
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Activity: 3640
Merit: 4964
Whimsical Pants
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August 27, 2020, 06:32:31 PM |
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It's rare to see fluffypony not wearing a watch. But I bet that's a really swanky umbrella.
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Phil_S
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Activity: 2016
Merit: 1390
We choose to go to the moon
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August 27, 2020, 06:51:23 PM |
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Who knew 11xxx would be so boring!
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bitcoinPsycho
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Activity: 2142
Merit: 1555
$120000 by end of 2023 confirmed . Slava Ukraini
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August 27, 2020, 07:02:17 PM |
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Haters everywhere.....
 That's another way of thinking about the matter, which seems to get us back to some variation of the dog eat dog world theme.  Im the dog at the back
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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August 27, 2020, 07:34:05 PM |
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Jesus’ entire body of work is how to make your mind unposssessable, even in the face of death
The personal sidearm is an attempt to make your body unpossessable
Bitcoin’s design is ultimately to make the fruits of your labour unpossessable
All the same sovereignty energy https://twitter.com/parabolictrav/status/1299062059838046208
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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August 27, 2020, 07:41:14 PM |
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https://bitcoinmagazine.com/articles/a-monetary-layer-for-the-internetAs the internet liberated free information between global peers, Bitcoin is liberating capital exchange, creating open, fair and social markets in which anyone can participate. New companies exclusively built on Bitcoin’s base layer and/or Lightning are making it safer and easier for sovereign people to opt-out of the legacy banking system. Excellent explainer of where we are.
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JayJuanGee
Legendary
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Activity: 3374
Merit: 8402
ESG, KYC & AML are attack vectors on Bitcoin
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August 27, 2020, 07:48:25 PM |
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Getting back to one of the recent mindrust proclamations (i.e. "no way to spend wealth these days"), travel can be a lot of fun, and some ways to both spend wealth and to have some good times with it, and of course some of the travel options have been hampered in recent times, and maybe we are wishing that travel hamperings are merely temporary?... because it would not be right and proper if the only way that some of us could really travel is to have our own private planes... and even having private planes kind of travel (and that level of wealth) could get hampered too if some of the regular joes are not able to come out of our current economic baloney with a bit of meaning in life (not saying that hookers, lambos and blow cannot bring some meaning to some of us)... but there continue to be public infrastructure matters that seem to be necessary for any kind of real comfort in enjoying some of the luxuries of any wealth system...
Oh shit.. does that mean some of us might have to share some of our wealth or even invest? Fuck.
No way to spend wealth these days"? Even if that were somewhat true, because of coronathinggy I assume, one could always buy a fuck you all property to have all the freedom you want inside your OWN place and land and with your own rules. Bleh, there will always be ways to spend wealth. Maybe MORE so in difficult times. We are all worse off if an actual Armageddon situation were to strike, though. So there are certain infrastructure failures, supply chain failures and lumpen proletariate scenarios that would not be preferred... not that I am necessarily agreeing with mindrust - but there are potential outlier scenarios in which some of us might not be able to enjoy our accumulated wealth including when previous concepts of private property that had been accumulated prior to "awokening" of the masses are overthown.
Haters everywhere.....
 That's another way of thinking about the matter, which seems to get us back to some variation of the dog eat dog world theme.  Im the dog at the back You perverted psycho!!!! 
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cAPSLOCK
Legendary
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Activity: 3640
Merit: 4964
Whimsical Pants
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August 27, 2020, 08:28:26 PM |
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Feel a lot to me like it's trying to lift itself above this 11350 resistance.
(something something.. walls, something on topic.. walls,something)
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Toxic2040
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Merit: 3799
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actual wall report 9.8 pulled off the table overnight - bullish building sell pressure forming at $11.55kish - bearish verdict - sideways... with possible upwards pressure due to double bottomish #dyor yesterdays walls  todays walls  1h  4h  #stronghands
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aesma
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This is 100% true. Very likely, the rates will rise slowly anyhow, no matter if the FED raises rates. The FED is behind the curve all the time. Then WS will crash anyhow.
There is talk of yield curve control being employed, to lower long term rates. In fact it's already happening with the FED buying "fallen angels" and all kinds of bonds. It could also buy stocks if push comes to shove. I would definitely be invested in the US stock market (the NASDAQ at least) if my main interests were in dollars, but they're not. No way to spend wealth these days"? Even if that were somewhat true, because of coronathinggy I assume, one could always buy a fuck you all property to have all the freedom you want inside your OWN place and land and with your own rules.
Bleh, there will always be ways to spend wealth. Maybe MORE so in difficult times.
I don't know if it's related to BTC, definitely not to corona as I had evolved before, but a few years ago I was thinking about buying a flat when I would have enough for a deposit, then I found out you could get a house built for not much more, especially with low interest rates here, so I was looking at plots, my initial idea being I would be good with 350m² (3767.37 sq ft). Fast forward and now I want 10 times that at least, and the less neighbours the better, while still staying not too far from my workplace and Paris. Not easy to find, but I have some properties in sight, one where the closest neighbour is about 90m/100yards away, and another entirely surrounded by fields. It's not that I have trouble with people, I'm fine with them, but I want the freedom to go around in the nude, or put some music in my garden, or make noise all night with friends, without having to worry about them. And also have enough arable land to be able to make food if necessary. actual wall report
9.8 pulled off the table overnight - bullish
Translation please 
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Biodom
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Activity: 3416
Merit: 3003
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August 27, 2020, 09:00:04 PM |
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This is 100% true. Very likely, the rates will rise slowly anyhow, no matter if the FED raises rates. The FED is behind the curve all the time. Then WS will crash anyhow.
There is talk of yield curve control being employed, to lower long term rates. In fact it's already happening with the FED buying "fallen angels" and all kinds of bonds. It could also buy stocks if push comes to shove. I would definitely be invested in the US stock market (the NASDAQ at least) if my main interests were in dollars, but they're not. No way to spend wealth these days"? Even if that were somewhat true, because of coronathinggy I assume, one could always buy a fuck you all property to have all the freedom you want inside your OWN place and land and with your own rules.
Bleh, there will always be ways to spend wealth. Maybe MORE so in difficult times.
I don't know if it's related to BTC, definitely not to corona as I had evolved before, but a few years ago I was thinking about buying a flat when I would have enough for a deposit, then I found out you could get a house built for not much more, especially with low interest rates here, so I was looking at plots, my initial idea being I would be good with 350m² (3767.37 sq ft). Fast forward and now I want 10 times that at least, and the less neighbours the better, while still staying not too far from my workplace and Paris. Not easy to find, but I have some properties in sight, one where the closest neighbour is about 90m/100yards away, and another entirely surrounded by fields. It's not that I have trouble with people, I'm fine with them, but I want the freedom to go around in the nude, or put some music in my garden, or make noise all night with friends, without having to worry about them. And also have enough arable land to be able to make food if necessary. actual wall report
9.8 pulled off the table overnight - bullish
Translation please  40000sq ft? (3500 m 2)? That's a palace. I don't need a palace, i would rather have several smaller houses or even apts in cool places with either great weather or view. Maybe Paris is good re weather, I never been. Weather and some "nature" like sea or lake or a large river, woods nearby are a must. So far, choices like Hawaii, British Columbia, some places in CA, maybe Colorado are popping up. I used to like NY, not sure how it is now, though. There are some great places in Europe too, but i would have to learn italian, spanish or portuguese to be there for longer time periods.
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Toxic2040
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Activity: 1680
Merit: 3799
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August 27, 2020, 09:06:09 PM |
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Translation please  slope, shape and usd on the bid side(green) coupled with arithmetic it is said in wizard school one should be vague or obtuse, and randomly grumpy at times...just doing the best i can 
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