VB1001
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Merit: 2540
<<CypherPunkCat>>
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Big size: https://i.imgur.com/coyq7sk.pngUpdated New Hat: Indymoney Updated www.wohats.comNº Hats: 139 edit: On December 6 I have to renew the domain, do we continue with the web? For me there is no problem, we have been with wohats for more than 1 year, as long as they do not say otherwise I will continue updating.
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600watt
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Activity: 2338
Merit: 2106
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November 21, 2020, 08:12:58 AM Merited by LFC_Bitcoin (3) |
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I wonder how Jorge Stolfi is feeling atm? Must suck being around bitcoin really early & not taking advantage of that to become rich, Professor NOCOINER!
i stumbled across his twitter feed a few days ago. same old shitty arguments. he is claiming bitcoin is a ponzi. since the bitcoin community is relatively small compared to the rest of the world, guys like stolfi think there is something to gain in publicly hating bitcoin. since there is a big mass of no-coiners and lots of ignorant idiots in that group (as in any group) he gets plenty of attention. what the stolfis don't get is the fact that bitcoiners are able to monetize their conviction, their attitude and gain wealth, while the critics may get attention and applause but in the end you can't monetize applause in the same way than you can the best financial invention of the millennia. stolfi has fun staying poor.
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nullius
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November 21, 2020, 08:31:01 AM |
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somac.
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Activity: 2106
Merit: 1238
Never selling
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November 21, 2020, 08:39:05 AM |
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Wow perhaps we should do a wo gf ass challenge? A woer posts a pic of his gf/wife (bf for Bawb) ass with BTC price written on it and also write a username of a woer he challenges... Bunch of degenerates in this place. That's not news though. The fact we are Bitcoiners means that we are degenerates. You know the drugs, money laundering, the scams, assassins, etc. All that stuff the media and others say we do. Not only are we degenerates, we are evil, born in the pits of hell probably. At least we aren't poor though
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Karartma1
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Activity: 2310
Merit: 1422
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November 21, 2020, 08:40:25 AM |
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Wow perhaps we should do a wo gf ass challenge? A woer posts a pic of his gf/wife (bf for Bawb) ass with BTC price written on it and also write a username of a woer he challenges... Bunch of degenerates in this place. I agree.
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bitcoinPsycho
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Activity: 2632
Merit: 2386
$120000 in 2024 Confirmed
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November 21, 2020, 09:39:32 AM |
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Wow perhaps we should do a wo gf ass challenge? A woer posts a pic of his gf/wife (bf for Bawb) ass with BTC price written on it and also write a username of a woer he challenges... Bunch of degenerates in this place. I agree. I don't see a problem
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Arriemoller
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Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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November 21, 2020, 09:39:33 AM |
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Whatever happened to that professor in Brazil that trolled this thread for years? Anybody remember his name?
I'm curious if he still has an online profile and twitter account.
Last time I heard from him he made a lengthy negative comment on a pending ETF application when the SEC asked for public feedback.
https://www.reddit.com/user/jstolfi/comments/He has not let up. No, sir. It must be multiple hours of his day since 2013 now. When I take a little look around I think he's losing the battle. We need to get hold of his family to stage an intervention. Glad to see you back, I was afraid you got caught in your summer bus stop by the lock down, without internet connection.
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AlcoHoDL
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Activity: 2520
Merit: 4644
Addicted to HoDLing!
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November 21, 2020, 09:40:51 AM |
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Theorem — Given enough time, the statements " buying high" and " selling high" are false. Proof — It directly follows from the Bitcoin White Paper that, given enough time, any act of buying BTC is "buying low". Equivalently, any act of selling BTC is "selling low". Corollary — HoDL or buy BTC when you can, only sell BTC when you absolutely must. Few understand this.
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Arriemoller
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Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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November 21, 2020, 10:41:05 AM |
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Big size: https://i.imgur.com/coyq7sk.pngUpdated New Hat: Indymoney Updated www.wohats.comNº Hats: 139 edit: On December 6 I have to renew the domain, do we continue with the web? For me there is no problem, we have been with wohats for more than 1 year, as long as they do not say otherwise I will continue updating. Yes, please continue, I love it!
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friends1980
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Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
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November 21, 2020, 10:45:16 AM |
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As a long-term investment, I think she turned out quite fine: Plagiarism disclaimer: I didn't take this picture myself - no shit. (not sure if this is a generation gap thing, but I do sincerely hope I'm not the only one who recognized this "hottie", otherwise I'd feel horribly old)
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FullNode
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Activity: 505
Merit: 270
Don't Trust, Verify
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November 21, 2020, 10:46:43 AM Last edit: November 21, 2020, 10:59:13 AM by FullNode |
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vapourminer
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Activity: 4480
Merit: 4032
what is this "brake pedal" you speak of?
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Hm. Apparently I can "buy" "bitcoin" in Paypal. However I have to set up a "cash account" and they want my SSN/TIN and DOB.
I don't think I ever gave them that before. Need to think about this for awhile.
Paypal is trying to be a bank now...so indeed...I figure I'm so odd that I'm already on any radar of any note with any government or institution so don't sweat it anymore... same here. kyc'd to the hilt on coinbase and such. i started with them in 2013 and while i knew about the whole pseudonymous thing but now with modern chain analysis man they can do some serious guesswork. i like that most of my coins are mainly from pool payouts, and all properly claimed on my taxes. im sure i raised flags at the bank. i mean ive gone out of my way trigger flags, might as well flaunt it. and did get a call, specifically asking about coinbase, from my banks due diligence office. she mainly wanted to know what i used it for (investment) and do i send anything out of the country (no). thats was about it. coinbase and that particular bank account had been linked for like 8 years.
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friends1980
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Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
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November 21, 2020, 11:11:45 AM |
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Hm. Apparently I can "buy" "bitcoin" in Paypal. However I have to set up a "cash account" and they want my SSN/TIN and DOB.
I don't think I ever gave them that before. Need to think about this for awhile.
Paypal is trying to be a bank now...so indeed...I figure I'm so odd that I'm already on any radar of any note with any government or institution so don't sweat it anymore... same here. kyc'd to the hilt on coinbase and such. i started with them in 2013 and while i knew about the whole pseudonymous thing but now with modern chain analysis man they can do some serious guesswork. i like that most of my coins are mainly from pool payouts, and all properly claimed on my taxes. im sure i raised flags at the bank. i mean ive gone out of my way trigger flags, might as well flaunt it. and did get a call, specifically asking about coinbase, from my banks due diligence office. she mainly wanted to know what i used it for (investment) and do i send anything out of the country (no). thats was about it. coinbase and that particular bank account had been linked for like 8 years. One of the main reasons why we (at least I) despise banks, governments and corporations, namely their appalling bureaucracy and their slowness and horrible lack of efficiency, should be used as a protection against them. Fill out their forms and reply to their questionnaires in a way that satisfies them, and you'll probably be perfectly fine....
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lightfoot
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Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
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November 21, 2020, 12:10:12 PM |
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why? if he has more coin and later the price goes stratospheric it makes no real difference what the price was that he just sold at in the end. if you sold corn at whatever price and now have enough fiat (or whatever) for your immediate plans, plus spare corn for later, its future value increase will surely suffice.
unless youre just a pure greed kinda guy. nothing wrong with that i guess but its not my gig.
It's 99% playful needling: Bob was really tightly wound up about selling for awhile, wondering, waiting for the right time, then he finally blew his proverbial wad. With that much build up you have to kid him a bit about it for awhile :-) And 1% caution: Many people sold out at particular levels: $1, $50, $600 (me, towels), $3,000, etc. In each case we received goods or services that now appear to be insane in terms of value against waiting. It's not quite greed so much as wonder at what bitcoin might become: A true reserve currency. That's incredible when you think about it considering that it's "just numbers"and all that. But it's numbers that can be trusted and it doesn't matter if paypal or governments or anyone tries to create more of it out of thin air: 6.25 coins will be created every 10 minutes and not a satoshi more. Thinking about the ramifications of that, a money that can't be shaved or faked or undermined is stunning. When I think of it that way, there is a part of me that whispers "you know, 20k is just $20 again". And to be fair: You sell when you need to, just try to make sure the reasons were good. The towels were bought partially to show my highly skeptical partner that yes this tinkering I am doing CAN produce items of tangible value. The coins sold for the car bought me something that has brought a lot of fun and pleasure to my life at a point where I can still enjoy it. Buying a couple of gold coins with bitcoins was *stupid* but it also got at least one coin vendor to see their true value and potential. So we do things when we do them. Sure Bob could have waited longer to bail his beau out of bondage, but that would mean less time spent as free men. Doing it while they are young allows them to enjoy the passing of time, which is one thing that we each have a set amount of in life, and like bitcoins all the hoping and praying and whining in the universe will not add one second to our time allotted on this earth or one more satoshi to be added to our wallets. Only actions have the potential to do that. Guess the final word on this is "make it count" and "if you sell it do it to make your life better in the fixed time you have left". If what you sell for increases your life's length, health, quality, and/or enjoyment then it's probably a good deal. Otherwise, HODL!
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600watt
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Merit: 2106
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November 21, 2020, 12:12:55 PM |
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500 years ago in northern Italy banking was invented and changed the world. trade was enabled like never before in history. to transport money over time and space in a trusted and reliable way was the business model of the banks ever since then.
this monopoly was granted to them for more than 5 centuries until today.
their business model got eaten by software. bitcoin. it also gets eaten by fintech/apps when CBDC are floating around and citizens all have a direct account with the central bank it too will eat the banks.
they have no chance. the fact that they were the masters of the universe for half a millennia puts them into a position that will make it impossible for them to understand what is going on.
in the same way traditional publishers of print news or books got eaten by software, banks will not disappear all of a sudden. 500 years is some huge momentum. it will take decades, but their fate is sealed already.
next time you are talking to a banker enjoy it as if you were able to watch some dinosaurs in rl. bitcoin is their asteroid.
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lightfoot
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Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
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November 21, 2020, 12:15:41 PM |
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One of the main reasons why we (at least I) despise banks, governments and corporations, namely their appalling bureaucracy and their slowness and horrible lack of efficiency, should be used as a protection against them. Fill out their forms and reply to their questionnaires in a way that satisfies them, and you'll probably be perfectly fine....
Oh of course. It's not that big a deal, bitcoins go through a special account at the bank that is KYCed and all taxes are paid and so forth. It's just annoying to see it going into every aspect of one's life. Plus I remember paypal hacks and know the damage having too much information out there can cause. So if I don't need PP I don't need to give them even more data to lose. Plus there is that "if you don't control your keys, it's not bitcoin" voice that whispers in the back of my head.
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lightfoot
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Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
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November 21, 2020, 12:17:11 PM |
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next time you are talking to a banker enjoy it as if you were able to watch some dinosaurs in rl. bitcoin is their asteroid.
And we are the little furry mammals, waiting to evolve....
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B1tUnl0ck3r
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Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
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November 21, 2020, 12:17:44 PM |
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If there wasn't the fallout of the biological attack to unseat trump (in line of the mass murders in syria, lybia etc by the obama regime) and pedogate unresolved... we could be dancing on the moon .
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vapourminer
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Activity: 4480
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what is this "brake pedal" you speak of?
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November 21, 2020, 12:28:40 PM Merited by JayJuanGee (1) |
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And to be fair: You sell when you need to, just try to make sure the reasons were good. The towels were bought partially to show my highly skeptical partner that yes this tinkering I am doing CAN produce items of tangible value. The coins sold for the car bought me something that has brought a lot of fun and pleasure to my life at a point where I can still enjoy it. Buying a couple of gold coins with bitcoins was *stupid* but it also got at least one coin vendor to see their true value and potential. did the same here with early (like five dollar) coins to sell for upgrades to vacations and such. that was the deal with the wife for putting up with my "crazy internetz moneyz" computer hobby .. but when she saw those gpus in the basement running 24/7 suddenly paying for an upgrade to premium this or that.. heh. So we do things when we do them. Sure Bob could have waited longer to bail his beau out of bondage, but that would mean less time spent as free men. Doing it while they are young allows them to enjoy the passing of time, which is one thing that we each have a set amount of in life, and like bitcoins all the hoping and praying and whining in the universe will not add one second to our time allotted on this earth or one more satoshi to be added to our wallets. Only actions have the potential to do that.
Guess the final word on this is "make it count" and "if you sell it do it to make your life better in the fixed time you have left". If what you sell for increases your life's length, health, quality, and/or enjoyment then it's probably a good deal.
Otherwise, HODL!
agreed. i retired early because of bitcoin and i know others here have too. retirement is a good ride. and congrats to bob and rick! youll have no regerts
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philipma1957
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Activity: 4270
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'The right to privacy matters'
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November 21, 2020, 12:32:00 PM |
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500 years ago in northern Italy banking was invented and changed the world. trade was enabled like never before in history. to transport money over time and space in a trusted and reliable way was the business model of the banks ever since then.
this monopoly was granted to them for more than 5 centuries until today.
their business model got eaten by software. bitcoin. it also gets eaten by fintech/apps when CBDC are floating around and citizens all have a direct account with the central bank it too will eat the banks.
they have no chance. the fact that they were the masters of the universe for half a millennia puts them into a position that will make it impossible for them to understand what is going on.
in the same way traditional publishers of print news or books got eaten by software, banks will not disappear all of a sudden. 500 years is some huge momentum. it will take decades, but their fate is sealed already.
next time you are talking to a banker enjoy it as if you were able to watch some dinosaurs in rl. bitcoin is their asteroid.
Hopeful thinking. They have been around for many years and know how to survive.
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