Last of the V8s
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Be a bank
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June 21, 2018, 10:28:20 AM |
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meh documented on twitter. see also trilema.com and even youtube anyway, other well-documented attackers include Barry Silbert (New York Agreement) and Vitalik Buterin (Ethereum) nation state attackers not yet well documented
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ivomm
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All good things to those who wait
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June 21, 2018, 10:55:53 AM Merited by JayJuanGee (1) |
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Tera what would you use as an indicator to renter the market? Or do you stay cashed out and rely on trading the remainder?
If I was to re-enter, I would re-enter when I see the train is clearly leaving the station (I dont need to pick the very bottom). In 2013 I reentered at $140 after the Silk Road bounce. In 2016 I didnt reenter because I had spent all the money I had cashed out in 2014 already. 0 Will I reenter anything I cashed out now? I'm not sure. Im already pretty satisfied with what I've left in already. I no longer need to be all in, plus there will probably be trades to make. Altcoin trading and wierd miraculous 2 hour blocks of daytrading has saved my ass and kept me in the game all this time. I'm not sure how well my strategies will work for a conservative btc/usd investor without an x factor. But occasionally taking some money off the table is always a good idea. Let me sum up: Terra222 enters at 0.06$ and sells at 0.07$. Later reenters at 0.6$ and sells at 0.7$. A typical hodler: buys with significant part of his savings say at 0.06$ and continues to buy on every dip. Hodlers don't care if the drop will be 40% or 80%. The only thing is to be patient and not too smart to think that you can predict the dips. Everyone can do the math: from 0.06 to 6000$ is 100 000 times! It is so funny to think how much the 'clever' traders have lost
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realr0ach
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#TheGoyimKnow
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June 21, 2018, 11:21:17 AM |
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Bitcoin core related people finally talking about what me and Anonymint said years ago: Eth is completely worthless non-sharded, and unworkable sharded, but then again, completely centralized bitcoin is worthless too. #inphysicalsilverwetrust #thegoyimknow
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Torque
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June 21, 2018, 11:33:09 AM |
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realr0ach
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June 21, 2018, 11:44:01 AM Last edit: June 21, 2018, 11:56:36 AM by realr0ach |
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TERA2
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Deb Rah Von Doom
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June 21, 2018, 11:57:17 AM |
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You're missing the point. It's not about their long term bullishness but about them attempting to do a bogus short term TA on a short term candle that is hilariously wrong. They should just stay away from charts and TA and stick with their 'long term' stance.
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realr0ach
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June 21, 2018, 12:07:34 PM Last edit: June 21, 2018, 12:28:22 PM by realr0ach |
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This is not really true: What other "global reserve currency" can you name that only circulates amongst people running specialised hardware? There isn't one.
Gold and US Treasuries. I hope you wake up and smell the coffee. Gold, silver, and copper typically always have some degree of interchangeability in monetary systems, and while mining gold by hand can take a while if you're not lucky, people still do it all the time. And the fact copper is interchangeable and located ALL OVER the place, even less scarce than lead, means it's virtually impossible to corner the copper market or force some type of monopoly over it. Copper acts as sort of an altcoin you mine to get to gold and silver, kind of like how people mine altcoins then dump them for BTC. You can find videos on youtube of amateur smiths mining copper in their back yard and forging copper swords with it. Since copper actually has some type of intrinsic value and is used all over the place while shitcoins aren't, they can then exchange the copper for some silver, gold, or something else. The big difference in this comparison is that it's obviously not sustainable to keep creating infinite altcoins and constantly changing the algo on them to stop ASICs in order to prevent BTC from being a closed entropy system. It also completely erodes any form of Schelling point for BTC at the same time by the sheer existence of these things. Furthermore, if I hand you a silver coin, that coin does NOT carry the expensive burden of storing all transaction history of the United States, Philippines, and China. If more than one coin exists (which it would if craptocurrency doesn't die), they would likely also evolve into segregated, regional coins to combat that issue: Chinacoin, US Coin, etc, whose value all reflects their GDP...so basically a bunch of police state coins run by the govt. This leaves the only real valid application of bitcoin as something like a replacement for the SDR in international trade and not something really used in regional trade. But the BIS and IMF will just "print" their own craptocurrency while ignoring bitcoin.
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Torque
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June 21, 2018, 12:23:58 PM |
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You know when sock puppet troll accounts are posting 4-5 times in a row, we've hit the bottom of the market.
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realr0ach
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June 21, 2018, 12:35:22 PM Last edit: June 21, 2018, 12:47:30 PM by realr0ach |
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You know when sock puppet troll accounts are posting 4-5 times in a row, we've hit the bottom of the market. Can the names MarcusOfAugustus, JayJuanGee, Torque, Last of the V8's, and d_eddie be considered anything else than mindless bitcoin shill troll accounts? Most of these people even claim the price going down is "bullish". Just as an experiment, I went around a few days ago looking for where millenials hang out online to ask them about their interest in bitcoin. I was like, you guys need to sell some of your bitcoins and buy some silver. Every single one replied they had zero interest in bitcoin and have never owned any lol. So both the baby boomers and millenials are allergic to these things. Millenials are also flat out destitute and couldn't buy them even if they wanted to, while boomers are only going to touch mega-safe investments. If stocks falter, they are going straight to precious metals and never touching shitcoins with a 10 foot pole. So who are the greater fools for shitcoins supposed to be? Even people who are both technically capable and have money that I know, if they did not get in on the ground floor themselves, their brain automatically labels it a Ponzi scheme and won't touch it.
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Last of the V8s
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Be a bank
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June 21, 2018, 12:50:45 PM |
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When I'm rich I'm getting a nice house with a deck and a good view of the hills.
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Vlada69
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June 21, 2018, 12:53:25 PM |
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When I'm rich I'm getting a nice house with a deck and a good view of the hills. and bottoms too
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Harlot
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June 21, 2018, 01:27:47 PM |
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Bitcoin is showing a little hope here inside the very big bearish triangle. With a hidden bullish divergence in the RSI as well as a Bullish MACD crossover we could have a little rally before BTC drops down bad, although reversals are also possible but with this kind of volume we can say that the bulls and bears are still indecisive on where Bitcoin will go. Making this bearish triangle invalid is one of the most preferable scenarios out there and we can only make the formation invalid with a good reversal.
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Tyr808
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06/19/11 17:51 Bought BTC 259684.77 for 0.0101
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June 21, 2018, 01:38:22 PM |
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You know when sock puppet troll accounts are posting 4-5 times in a row, we've hit the bottom of the market. Can the names MarcusOfAugustus, JayJuanGee, Torque, Last of the V8's, and d_eddie be considered anything else than mindless bitcoin shill troll accounts? Most of these people even claim the price going down is "bullish". Just as an experiment, I went around a few days ago looking for where millenials hang out online to ask them about their interest in bitcoin. I was like, you guys need to sell some of your bitcoins and buy some silver. Every single one replied they had zero interest in bitcoin and have never owned any lol. So both the baby boomers and millenials are allergic to these things. Millenials are also flat out destitute and couldn't buy them even if they wanted to, while boomers are only going to touch mega-safe investments. If stocks falter, they are going straight to precious metals and never touching shitcoins with a 10 foot pole. So who are the greater fools for shitcoins supposed to be? Even people who are both technically capable and have money that I know, if they did not get in on the ground floor themselves, their brain automatically labels it a Ponzi scheme and won't touch it. Depends on the country. Japanese and Korean millennials go crazy over btc.
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jbreher
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lose: unfind ... loose: untight
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June 21, 2018, 01:44:48 PM |
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Would love to hear about some of these cheap, large hard drive VPSs out there though if someone wants to share.
I misunderstood. Didn't realize you were talking VPS. 10TiB for less than 0.02 BTC is buying a physical drive. Have you looked at AWS?
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Last of the V8s
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Be a bank
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June 21, 2018, 01:55:40 PM |
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McHolidays are coming
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Hueristic
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Doomed to see the future and unable to prevent it
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June 21, 2018, 02:09:04 PM |
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Yeah, well that's just like your opinion, man.
love the lebowski shit.... gotta finish my tattoo quickly , gonna see the movie one of these days again been to long already Well dammit if it's good enough for you to get a tattoo of it I guess I'll watch it for the first time. But no-one's talking me into watching E.T. Tried 2 browsers, I have no sound? [img witdh=100]https://i.imgur.com/whEWaFO.png[/img]
meh documented on twitter. see also trilema.com and even youtube
anyway, other well-documented attackers include Barry Silbert (New York Agreement) and Vitalik Buterin (Ethereum)
nation state attackers not yet well documented
Attack from Coinbase? Linky? That is why the coming forced hard fork of SegWit as it is kicked off the Satoshi protocol when miners start taking the SegWit donations, is all about immutability. I don’t even think a tail reward will prevent centralization of the control of mining and I’m not referring to pools (see linked posts below for my detailed reasoning). Bitcoin was designed for a specific purpose which is not what some of you think it is. The populist movement of Core will of course eventually evolve into redistribution of wealth. Satoshi engineered an exquisite immunity into his protocol. And it is all about destroying politics. For those of you who missed it, the detailed elocution was in the following 2 threads linked from this quote: If you want to understand why I think the crypto winter is coming after new ATHs in 2019 and to understand why I think Bitcoin will surely rise to $500K by 2026, you must understand that Satoshi designed Bitcoin to be an immutable NWO world reserve currency. Thus I think a fork war is coming in 2019 to kick Core SegWit off of Satoshi’s Bitcoin. The following threads explain this in exacting detail: https://bitcointalk.org/index.php?topic=4433000.0#msg39618816https://bitcointalk.org/index.php?topic=4416188.msg39980478#msg39980478You must read the entire threads linked above (at least all of my posts in those threads) if you really want to understand what Bitcoin is. And those threads are going to totally “corrupt”[correct] your mind and destroy what you thought Bitcoin was supposed to be. Also I strongly suggest reading my blogs including the following one and including my comments below my blog which provide more detail: Bitcoin rises because land is becoming worthless
Eth is completely worthless non-sharded, and unworkable sharded, but then again, completely centralized bitcoin is worthless too.
They’re apparently trying to copy DFINITY now because Vitalik couldn’t figure out scalability after 3 years of hanging out with the coolest nerds. https://medium.com/@shelby_78386/the-state-of-scaling-in-ethereum-is-abysmal-df9ba6faecbTBDR <<-- Too Big Didn't Read I'm going to make up a new acronym for "did not read word too big" I'm sick of googling a word if it's only used to make you look intelligent.
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Last of the V8s
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Be a bank
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June 21, 2018, 02:23:22 PM |
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maybe he meant allocution
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