Hueristic
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Activity: 3976
Merit: 5421
Doomed to see the future and unable to prevent it
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September 03, 2020, 04:11:31 AM |
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The question is, why aren't you though?
"Bitcoin maximalism" isn't just about those who have a stake in BitcoinTM believe everything else is a scam; it's about the belief that Bitcoin is so complete in the functionality and security it provides, that no other crypto coins are necessary to even exist. Period.
Therefore creating shitcoins, shilling them, owning them, or even trading them is defacto stupid and pointless. And those that do are regarded with a loss of trust and common sense at best, and at worst are seen as complete scammers.
An analogy would be in the Precious Metals world, but a world in which a constant supply of laboratory-created "fool's gold" metals were created, shilled, owned and traded on the open market. Why even do that when you can just own Gold or Silver? The only people that will gain anything by creating and shilling fake metals would be the scammers that created them.
You answered your own question, until bitcoin has a base layer fungibility solution it is not complete and cannot provide Every usecase.
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aesma
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September 03, 2020, 04:40:34 AM |
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Hello guys. I will read the last few pages to understand what happened yesterday, but I just wanted to talk about a funny email I just received.
It's in French, not perfect, but not "nigeria prince" bad. With HTML, pictures and all.
And it tells me to invest in "facebook's Libra", which last time I checked didn't exit. The really funny part is that in big it says Libra is 20 times better than other cryptos, and that it will get 20 times bigger, in price admittedly. Why ? Because it's designed to have a stable value, unlike bitcoin.
Does not compute...
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600watt
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Activity: 2338
Merit: 2106
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September 03, 2020, 06:24:22 AM |
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do I get this Breedlove guy right? he says that the only thing that is really scarce in our live is the time we are on this planet. the only other real scarce thing on earth is bitcoin. he wants to get paid in bitcoin, being as scarce as time itself, when he works, and not in fiat which isn't scarce at all and loses value constantly. when you get paid in fiat you get robbed time that you put into working, because the money they pay you devalues over time. what would a central banker answer? "your life evaporates through your fingers while you try getting a grip on it. why not get paid in something that evaporates in the same manner? it keeps you running" https://poddtoppen.se/podcast/1359544516/bitcoin-audible-previously-the-cryptoconomy/masters-slaves-of-money-by-robert-breedlovegot me thinking...
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nutildah
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Activity: 3150
Merit: 8529
Happy 10th Birthday to Dogeparty!
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he wants to get paid in bitcoin, being as scarce as time itself, when he works, and not in fiat which isn't scarce at all and loses value constantly. when you get paid in fiat you get robbed time that you put into working, because the money they pay you devalues over time.
As someone that is now 100% paid in bitcoin across 3-4 different jobs/bosses, I'll tell you: its not as easy or as glamorous as it sounds. Granted I'm not raking in Andreas Antonopoulos-size money. Most of the time you still need to pay an extra fee (or two) to convert the bitcoin into usable cash, and I usually end up converting 90%+ of all earnings into cash anyway. There are a few things I can pay for directly with bitcoin, but not nearly as many as ideal. Now that the dollar is obviously on the decline (and seemingly BTC on the incline), I try to put just a bit more aside into my BTC reserve. Cash is about the worst thing to save at this point, which goes against centuries-long instinct.
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Karartma1
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Activity: 2310
Merit: 1422
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do I get this Breedlove guy right? he says that the only thing that is really scarce in our live is the time we are on this planet. the only other real scarce thing on earth is bitcoin. he wants to get paid in bitcoin, being as scarce as time itself, when he works, and not in fiat which isn't scarce at all and loses value constantly. when you get paid in fiat you get robbed time that you put into working, because the money they pay you devalues over time. what would a central banker answer? "your life evaporates through your fingers while you try getting a grip on it. why not get paid in something that evaporates in the same manner? it keeps you running" https://poddtoppen.se/podcast/1359544516/bitcoin-audible-previously-the-cryptoconomy/masters-slaves-of-money-by-robert-breedlovegot me thinking... The Time vs. Money Dilemma, my friend. I am about to share something I found worth reading even if I do not necessarily agree with everything that's written inside. You might find it useful https://jamesclear.com/value-of-time
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BobLawblaw
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Activity: 1865
Merit: 5684
Neighborhood Shenanigans Dispenser
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El duderino_
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Activity: 2674
Merit: 13157
BTC + Crossfit, living life.
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September 03, 2020, 08:03:48 AM |
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Little pumpy
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soullyG
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September 03, 2020, 09:27:32 AM |
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Wow, forum going down? Takes me back to the old days! Bullish AF.
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600watt
Legendary
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Activity: 2338
Merit: 2106
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September 03, 2020, 09:45:10 AM |
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do I get this Breedlove guy right? he says that the only thing that is really scarce in our live is the time we are on this planet. the only other real scarce thing on earth is bitcoin. he wants to get paid in bitcoin, being as scarce as time itself, when he works, and not in fiat which isn't scarce at all and loses value constantly. when you get paid in fiat you get robbed time that you put into working, because the money they pay you devalues over time. what would a central banker answer? "your life evaporates through your fingers while you try getting a grip on it. why not get paid in something that evaporates in the same manner? it keeps you running" https://poddtoppen.se/podcast/1359544516/bitcoin-audible-previously-the-cryptoconomy/masters-slaves-of-money-by-robert-breedlovegot me thinking... The Time vs. Money Dilemma, my friend. I am about to share something I found worth reading even if I do not necessarily agree with everything that's written inside. You might find it useful https://jamesclear.com/value-of-timethx for the link. interesting exercise. how would a lottery winner that has quit his job start to calculate this?
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El duderino_
Legendary
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Activity: 2674
Merit: 13157
BTC + Crossfit, living life.
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September 03, 2020, 10:08:38 AM |
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Wow, forum going down? Takes me back to the old days! Bullish AF.
Forum going down?
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soullyG
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September 03, 2020, 10:15:05 AM |
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I was getting a connection timed out msg for a good 5 mins or so on just the forum, but maybe it was just me then..
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savetherainforest
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September 03, 2020, 10:48:34 AM |
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Wow, forum going down? Takes me back to the old days! Bullish AF.
Forum going down? Happens! ... There are spies everywhere!!!
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LFC_Bitcoin
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Activity: 3696
Merit: 10389
#1 VIP Crypto Casino
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September 03, 2020, 10:59:41 AM Merited by BobLawblaw (1) |
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If we see 4 figure BTC again I’m going to break something.
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Cryptotourist
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September 03, 2020, 11:12:49 AM Merited by OutOfMemory (1) |
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If we see 4 figure BTC again I’m going to break something.
Hopefully your fiat account(s). IF we do, we should consider it the final 4 digit call.
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cryptofrka
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Activity: 2422
Merit: 1881
Join the world-leading crypto sportsbook NOW!
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September 03, 2020, 11:41:29 AM |
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If we see 4 figure BTC again I’m going to break something.
From a technical/price action level 10.4k zone would actually be a great continuation retest. Parabolic leads to crash, slow&steady is the way to go.
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d_eddie
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Activity: 2660
Merit: 3576
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September 03, 2020, 11:47:50 AM |
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Corn taking a plunge DJIA near record Decorrelation?
#haiku
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vroom
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Activity: 1308
Merit: 1741
a Cray can run an endless loop in under 4 hours
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September 03, 2020, 12:12:10 PM |
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If we see 4 figure BTC again I’m going to break something.
and if vegeta comes for a visit we will fist him over 9000 times
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bitcoinPsycho
Legendary
Online
Activity: 2646
Merit: 2423
$120000 in 2024 Confirmed
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September 03, 2020, 12:13:13 PM |
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Eek
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El duderino_
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Activity: 2674
Merit: 13157
BTC + Crossfit, living life.
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September 03, 2020, 12:13:21 PM |
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If we see 4 figure BTC again I’m going to break something.
From a technical/price action level 10.4k zone would actually be a great continuation retest. Parabolic leads to crash, slow&steady is the way to go. At some point there must be some parabolic acceleration, slow and steady can continue after the parabolic event
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El duderino_
Legendary
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Activity: 2674
Merit: 13157
BTC + Crossfit, living life.
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September 03, 2020, 12:14:09 PM |
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Eek
Indeed, fast dive atm, to continue with a faster rise
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