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nullius
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November 22, 2020, 12:46:10 PM Merited by JayJuanGee (1) |
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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 none of your business) and do i send anything out of the country (no none of your business). thats was about it. coinbase and that particular bank account had been linked for like 8 years.
FTFY. It should not need to be said that I am not giving advice here. However...The primary reason why I avoid “KYC” is that I will not answer these questions. On principle. Not to save money—privacy has been absurdly expensive for me! I have lost a lot of money in Bitcoin and especially, in privacy coins. Bitcoin’s rise in value may offset that. And I could not answer some of these questions. For fully legitimate purposes, I have made transactions with cypherpunks whose locations are as unknown to me as my location is unknown to them: Essentially cash transactions with people who could be in the same city as I am, or on the other side of the world. Do I send anything out of the country? I honestly don’t know, and it is none of my business.And if you ever send me money, then you will never again be able to answer such questions, either. My homeland is terra nullius—that is all you need to know.
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vapourminer
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what is this "brake pedal" you speak of?
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November 22, 2020, 12:59:51 PM Merited by JayJuanGee (1) |
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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 none of your business) and do i send anything out of the country (no none of your business). thats was about it. coinbase and that particular bank account had been linked for like 8 years.
FTFY. It should not need to be said that I am not giving advice here. However...The primary reason why I avoid “KYC” is that I will not answer these questions. On principle. Not to save money—privacy has been absurdly expensive for me! I have lost a lot of money in Bitcoin and especially, in privacy coins. Bitcoin’s rise in value may offset that. And I could not answer some of these questions. For fully legitimate purposes, I have made transactions with cypherpunks whose locations are as unknown to me as my location is unknown to them: Essentially cash transactions with people who could be in the same city as I am, or on the other side of the world. Do I send anything out of the country? I honestly don’t know, and it is none of my business.And if you ever send me money, then you will never again be able to answer such questions, either. My homeland is terra nullius—that is all you need to know. i agree. however ive run life changing amounts of money though coinbase and that bank account. theyve never given me any hassle or even asked where did that money come from. nada. no interest all. so eventually answering two questions about coinbase from the bank that, yes, technically they shouldnt need to know (well maybe they do coinbase is giving info to every agency that asks) is a small price to pay to avoid some weird checkbox because i dont fit into some category. doesnt mean i like it, and those answers were specifically about the money and coins that i keep in coinbase. as to my private wallets, what happens there, stays there.
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600watt
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November 22, 2020, 01:06:39 PM |
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guys, check out the bitstamp € chart. the guy who panic sold bought back again. muahaha muahhaa. poor sucker. either got the fattest fingers on earth or way too much much money and has no clue what he is doing. https://bitcoinwisdom.io/markets/bitstamp/btceur
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El duderino_
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BTC + Crossfit, living life.
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November 22, 2020, 01:16:21 PM |
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Off topic, but AYH-celebration!!!fresh croquettesBaby roman salad-crumble of pistachio- Pecorino -Side dish Holsteiner cote a losAccompanied with celeriac puree- caramelized chicory- duo young carrot- shiitake HOME-MADE bearnaise and pepper sauceWithe delicious Red and White wines... After we had Belgian Stella Artois of-course with some game night and sh*t, Ice snickers, kinder buenos etc
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bitserve
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Self made HODLER ✓
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November 22, 2020, 01:25:50 PM |
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Price hasn't gone up by $1000 in a day for 2 days now.
Iz bitcoin ded?
Bitcoin is dead and we are poor again. Nothing to see here. Please disperse.
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fillippone
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Fully fledged Merit Cycler - Golden Feather 22-23
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November 22, 2020, 01:33:43 PM Last edit: May 16, 2023, 01:01:09 AM by fillippone |
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Sunday Hopium from PlanB (already posted by @BobLawblaw) Current #bitcoin BTC price action is nice, but we are waiting for a real jump (like the red arrows early 2013 and 2017). IMO that will be the start of the real bull market, and indeed phase5. January 2021?
https://twitter.com/100trillionusd/status/1330469160980242432?s=21My body is readySerious discussions here
You can really smell the FOMO when you see retail flocking to grayscale buying bitcoin at 22,000 USD! Grayscale had his best day ever as USD inflow last Friday. Also details here
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Globb0
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Free spirit
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November 22, 2020, 01:38:59 PM |
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I love Ice Knickers parties!
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El duderino_
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BTC + Crossfit, living life.
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November 22, 2020, 01:55:21 PM |
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fillippone
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Fully fledged Merit Cycler - Golden Feather 22-23
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November 22, 2020, 01:57:46 PM Last edit: May 16, 2023, 01:01:04 AM by fillippone |
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I am getting old... apparently. I used to be the Italian stallion. Now I am the Italian mule...
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dragonvslinux
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November 22, 2020, 02:12:37 PM Merited by JayJuanGee (1) |
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The other day everyone was talking about $20K and beyond (as we were topping out). Now today people are saying to take profits as $19K was "clearly" the local high. Am I the only one looking to trade the dip on smaller time-frames? Buy support in bull markets? As long as we remain in a bull channel, price remains bullish.
Having low buy orders on low liquidity exchange pairs (BTC/EUR on Bitstamp) is also a good idea it seems Whales and their fat fingers
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nullius
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November 22, 2020, 03:07:03 PM Merited by friends1980 (1) |
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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. You shall be baned! Prepare for your Red Trust!(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)
Fuck you for doxing my age. Though I am older, and she has aged better: SKAM!🙃☮ I love this Fuchs:
Although in reality I would have hidden a sheep under the stairs.
I have mutton and lamb chops in a deep freezer under the stairs. Good? 🐺 Although in reality I would have hidden a sheep under the stairs.
In that case, if something goes South, you will need to prove that you are not a sheep. Best to be on the sincere side, and ... hide! *. Just remembered about a guy that spent many years in jail, for pretending to be someone else (a serial killer), and evidently was sentenced as if he was the one. That was before DNA testing - which actually set him free, decades later. Genetic testing is not required. Memetic testing proves that I am not a sheep! ...fantasies about “educating” the ineducable. Sheep can no more be taught to think than dogs can be taught to sing opera. Indeed, for the intended readers of this essay (others are hereby irrelevant), sheep can no more be taught to be you than you can be taught to be a mindless sheep...
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nullius
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November 22, 2020, 03:07:41 PM |
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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.
That statement may have been colourable (if arguable) decades ago. Similarly as for similar statements about the recording industry, the film industry, etc. Now: - Amazon has both a monopoly and a monopsony on e-books.
- A lawsuit by BigCorp book publishers may destroy archive.org. (This may take awhile.)
- DRM has corrupted the W3C standardization process. It is now impossible to build an independent, standards-compliant web browser without paying ridiculous licence fees for the privilege of abusing your users—if the DRM gatekeepers will even allow you such a privilege.
Summarizing our options
Ultimately there are two potential options: Widevine or PlayReady.
With Widevine we’ll be stuck waiting for an indefinite amount of time without certainty of whether they’ll agree to provide their solution.
With PlayReady we can expect to have to pay $10,000 upfront. - Universities still pay obscene amounts of money for access to scholarly journals. The profit goes into the pockets of BigCorps, not to scholars and researchers. When last I checked, Alexandra Elbakyan (—who has nothing to do with America—) was in hiding, with tens of millions of dollars in American court judgments against her, and a ridiculous U.S. “Justice” Department investigation against her. Usage of Sci-Hub and Library Genesis is relatively marginal, whilst billions of dollars in value are extracted by parasitic middlemen.
Consider Elsevier, the largest scholarly publisher, whose 37% profit margin1 stands in sharp contrast to the rising fees, expanding student loan debt and poverty-level wages for adjunct faculty. Elsevier owns some of the largest databases of academic material, which are licensed at prices so scandalously high that even Harvard, the richest university of the global north, has complained that it cannot afford them any longer. Robert Darnton, the past director of Harvard Library, says "We faculty do the research, write the papers, referee papers by other researchers, serve on editorial boards, all of it for free … and then we buy back the results of our labour at outrageous prices."2 [...] - Nowadays, hoi polloi watch movies on Netflix instead of torrenting.
- iTunes not only saved the “music” industry with a new business model: It was the precursor for the “app store” business model by which device makers control what software you can run on “your” device. This is an existential threat to the free availability of general-purpose computing.
- —This list could be much extended. I think that I have made my point.—
Do you suppose that the bankers be stupider than the publishing industry, et al.?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.
Not if these “dinosaurs” exploit mass greed to seize control of Bitcoin. As Bitcoin’s price “moons”, which the bankers themselves can easily cause at will, how many people do you know who will say NO to ridiculous regulations and “KYC”-enforcing, transaction-censoring mining pools? For a quick index on the answer to that question: How many people do you know who say NO to “KYC”? Nobody will say it.Be vigilant. If I could have Bitcoin keep its freedom and be worth exactly what I bought it for—no more, no less, forever—then I would be much happier than I will be to see my modest stash “moon” as I lose my tiny little sliver of financial freedom.
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FullNode
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Don't Trust, Verify
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November 22, 2020, 03:21:03 PM Merited by fillippone (2) |
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You can really smell the FOMO when you see retail flocking to grayscale buying bitcoin at 22,000 USD! Grayscale had his best day ever as USD inflow last Friday. Also details hereGood thread https://i.imgur.com/43IhEIn.jpg
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LFC_Bitcoin
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#1 VIP Crypto Casino
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November 22, 2020, 03:43:54 PM |
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Observing $18,319!
After falling to $17,7xx this morning (UK time) it looked like we might be set for a significant correction which I was disappointed at the thought of but accepted it was possibly due after we have had a significant upwards surge in recent times with no retrace. It seems that there might just be strong support & even a big willingness to buy in that range.
If we can hold $18,000 over the next day or two we could even be set for a test of the ATH before the end of the month, quite incredible really.
Everything is going exactly to plan.
Keep HODLING boys!
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friends1980
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nutildah-III / NFT2021-04-01
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November 22, 2020, 04:08:01 PM |
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Although in reality I would have hidden a sheep under the stairs.
I have mutton and lamb chops in a deep freezer under the stairs. Good? 🐺 Louis nullius, I think this is the beginning of a beautiful friendship. edit: stable around 18,250....
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bitserve
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November 22, 2020, 04:27:45 PM Merited by LFC_Bitcoin (1) |
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This is not the Bitcoin I knew...
Where are the wild retraces? The endless dream crushing?
Bleh.
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JimboToronto
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You're never too old to think young.
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November 22, 2020, 04:36:42 PM |
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Good morn Bitcoinland One eight four eight five dollars (Bitcoinaverage). It seems that the great Battle for eighteen thousand Is not over yet. Let's wait a little Longer to reach a new high And go much further. Take your profits before we crack ATH.
I think that I will Take my profits in Bitcoin Thank you very much.
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