Phil_S
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We choose to go to the moon
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February 01, 2021, 05:21:03 PM |
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Small improvements in the auto braking system... hacking the current flow to allow for smoother operation, or more powerful/uncontrollable acceleration... small things like that is what I had in mind. Not things like disregarding one way streets, traffic lights or zebra crossings.
Even if they'll allow you to read the source code... They'll never allow you to upload your own unsigned code into the system. |
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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JayJuanGee
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Activity: 3710
Merit: 10211
Self-Custody is a right. Say no to"Non-custodial"
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February 01, 2021, 05:28:31 PM Merited by OutOfMemory (1) |
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WSB was announcing (physical) Silver stock $SLV as the next target AFTER the short squeeze. On reddit they emphasize how important it is not to get distracted from $GME. BTC seems to be chopped to the range $33.xxx No market manipulation involved *duck*#hodlersunaffected  >>>>>>No market manipulation involved *duck*<<<<<< You are referring to speculations about manipulation in bitcoin, right? I am going to assert that there is always some market manipulation attempted whether we are talking about bitcoin or other asset classes., that's how free markets work.. So maybe there could be questions about fractional reserves in bitcoin and various kinds of financial tools that are used like that, but then the questions would regard whether such financial tools are being used excessively and in a way that actually allows them to get away with exercising excessive control over BTC's price, and if so, we might find that some of the manipulator attempts could end up getting squeezed into a place that they would not want to be.. just like GME shorters were squeezed (except without having any BIG daddy to save them)... and that could hurt quite a bit.. I am sure that such squeezes have already happened in BTC at various points when BIG players try to overly play their hands and end up NOT being able to stifle the trend.. I am pretty sure that I have witnessed such BTC price movements at various times that seemed to have been contrary to what the more powerful players wanted.. but they could not stop the momentum (an idea whose time has come).. and downwardly manipulators can sometimes end up getting punished pretty badly if they have no one to run to in order to save their wee lil pretentious asses from overplaying their hands. |
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Tash
Sr. Member
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Activity: 1190
Merit: 305
Pro financial, medical liberty
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February 01, 2021, 05:35:23 PM Merited by JayJuanGee (1) |
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The moment there is any kind of serious price movement any mine which has been dormant for years will be revisited and people will start digging again any mine operating now will have triple quadruple shifts, any pawn shop, second hand deal will start dedusting the junk which stood around for years and years, people been investing and talked into by Peter Schiff and his shills to get some as its undervalued, they watch with eagle eyes ready to finally dump. If things would go really crazy people would just go to the nearest shop buy some silver cutlery and take it strait to the bullion dealer for quick profit. Shops would not re-adjust price fast enough to new crazy price. People would remember granny's old whatever and start searching in roof-space, cellar, garage to cash in on the bonanza. Just about anyone has some junk silver to sell, number of people with right stock is small and most not selling in a hurry because they know at some stage shorters have to close and buy to do so. 50 years of gold siver ratio  Robinhood is broke |
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Torque
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Activity: 3556
Merit: 5041
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February 01, 2021, 05:42:09 PM |
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The moment there is any kind of serious price movement any mine which has been dormant for years will be revisited and people will start digging again any mine operating now will have triple quadruple shifts, any pawn shop, second hand deal will start dedusting the junk which stood around for years and years, people been investing and talked into by Peter Schiff and his shills to get some as its undervalued, they watch with eagle eyes ready to finally dump. If things would go really crazy people would just go to the nearest shop buy some silver cutlery and take it strait to the bullion dealer for quick profit. Shops would not re-adjust price fast enough to new crazy price. People would remember granny's old whatever and start searching in roof-space, cellar, garage to cash in on the bonanza. Just about anyone has some junk silver to sell, number of people with right stock is small and most not selling in a hurry because they know at some stage shorters have to close and buy to do so. Incidentally what you describe is exactly what happened in 2010-2011. I even heard stories that dealers were going door to door asking people if they had any silver they wanted to sell (not sure if true tho). |
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d_eddie
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Activity: 2492
Merit: 2899
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February 01, 2021, 05:50:00 PM |
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In your opinion, what are they using this extra cash for? - Paying interest on borrowed (shorted) stock. - Actually unrolling the shorts and buying up, swallowing losses (but the price apparently drifts down, therefore unlikely). - Reinstating some of the long positions they unrolled to pay up last week. - Playing tricks (short ladders) trying to push down the price, hoping to ultimately win - but at the same time adding rope to be hanged with if they fail. - Something I haven't thought of, which is probably even more devious. |
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Paashaas
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Activity: 3427
Merit: 4344
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February 01, 2021, 05:50:50 PM |
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Torque
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Activity: 3556
Merit: 5041
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February 01, 2021, 05:59:43 PM |
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In your opinion, what are they using this extra cash for? - Paying interest on borrowed (shorted) stock. - Actually unrolling the shorts and buying up, swallowing losses (but the price apparently drifts down, therefore unlikely). - Reinstating some of the long positions they unrolled to pay up last week. - Playing tricks (short ladders) trying to push down the price, hoping to ultimately win - but at the same time adding rope to be hanged with if they fail. - Something I haven't thought of, which is probably even more devious. They claim the $2.4B ask was because the clearing house hit them up with a $3B bill for extra reserve collateral. Which they then claim that they negotiated down it to a mere $700M. To that I would then ask, "So what was the other $1.7B needed for then? Hmmm?"  |
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10211
Self-Custody is a right. Say no to"Non-custodial"
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February 01, 2021, 06:04:29 PM |
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We're not cheerleaders. Most of us are like 95% in bitcoin.
How could you say that? People are going to tend to be all over the place, no? Surely, the longer term BTC HODLers have seemed to have tended to end up becoming quite highly allocated in bitcoin due to bitcoin's ongoing price appreciation so long that they continued to error on the side of HODLing and stacking sats, so if longer term HODLers do not sell very large portions of their BTC stashenings, the value of those BTC holdings end up occupying a decently large percentage of their overall assets and value. so perhaps there is some truth in your statement, Phil_S?.. and I personally never did strive for any high allocation in bitcoin but I really have not found any justification for diversifying out of bitcoin along the way, either... There are some folks who do get excited about making certain kinds of purchases that may or may not hold their value very well or may end up being money pits (such as real estate or even certain kinds of other luxury transportation or other ways to improve their quality of life or even investing in themselves in various ways) so yeah, even very modest allocations of 1% to 10% in bitcoin in bygone years (the longer the more significant the build up of value) could have ended up building up to something in the 90%+ territories of BTC allocation.... I am largely guilty.. even though I did end up buying (building) some real estate at a pretty inopportune time when a decently large portion of the bills ended up coming due right at the bottom of the 2018 downward cycle.. .. but I did not end up losing too many BTC in that whole process.. even though I could have tried to play that a bit better and a wee bit less rushed in the way that I carried that out... but such decisions(and actions) did liberate me in some ways, too... |
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d_eddie
Legendary
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Activity: 2492
Merit: 2899
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February 01, 2021, 06:07:23 PM |
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In your opinion, what are they using this extra cash for? - Paying interest on borrowed (shorted) stock. - Actually unrolling the shorts and buying up, swallowing losses (but the price apparently drifts down, therefore unlikely). - Reinstating some of the long positions they unrolled to pay up last week. - Playing tricks (short ladders) trying to push down the price, hoping to ultimately win - but at the same time adding rope to be hanged with if they fail. - Something I haven't thought of, which is probably even more devious. They claim the $2.4B ask was because the clearing house hit them up with a $3B bill for extra reserve collateral. Which they then claim that they negotiated down it to a mere $700M. To that I would then ask, "So what was the other $1.7B needed for then? Hmmm?" "We weren't sure they'd get us off the hook for the remaining 1.7B" (Hypothetical reply, just to keep you going. I still am not clear what you think is going on.) |
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Torque
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Merit: 5041
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February 01, 2021, 06:08:38 PM |
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Torque
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February 01, 2021, 06:10:36 PM |
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(Hypothetical reply, just to keep you going. I still am not clear what you think is going on.)
Probably all the shenanigans you posted, plus others that we pleebs aren't privy to. |
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Biodom
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February 01, 2021, 06:23:51 PM |
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hey, what is 'fyre money'-is this re FIRE?
if yes, check out the fire boards on reddit, especially r/fatfire (there is also r/finalcialindependence, r/leanfire and r/obesefire).
the level of opulence and a sense of "it will always be as good as it is right now" is something to observe.
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bitserve
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Activity: 1820
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Self made HODLER ✓
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February 01, 2021, 06:38:23 PM |
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What I don't really get is how RH has been able to get an additional $3BILLION as if it were peanuts. More so assuming they probably lost many of their user base... or maybe not, people is stupid. Oh wait, that also answer my first question I guess.
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Biodom
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Merit: 3864
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February 01, 2021, 06:44:20 PM |
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What I don't really get is how RH has been able to get an additional $3BILLION as if it were peanuts. More so assuming they probably lost many of their user base... or maybe not, people is stupid. Oh wait, that also answer my first question I guess.
'cause 'they' keep doubling down. |
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JayJuanGee
Legendary
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Activity: 3710
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Self-Custody is a right. Say no to"Non-custodial"
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February 01, 2021, 07:02:12 PM
Last edit: February 01, 2021, 07:16:56 PM by JayJuanGee |
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We're not cheerleaders. Most of us are like 95% in bitcoin.
I'm like 140% in bitcoin. I hope no one tries to long squeeze me. Wait.. I was 90%-10% btc to doge and sold ltc and eth to pay the mining bills. doge went from 0.007 usd to 0.082 usd in a day. I managed to sell about 13000 usd off of the doge. As I never wanted to be heavy into doge. Basically The 25 l3+ miners were purchase in dec 2018 because I had a good power deal and could don't get enough s9's to fill the hall. I paid about 3k for the l3+ gear. It has earned 6x what I paid for it. I have directed most earnings into power bills gear bills and btc. I am going to say that I now consider Doge to be a shitcoin since my trezor hs frozen 440,000 doge coins which would be all converted by now to btc and cash. Still waiting on the doge to unfreeze to dump it. This is why BTC is still number 1 coin it has a lot of solid infrastructure. Not like crappy Doge which locked up about 1/2 a btc worth of coin on me. So I am now converted into the position that doge is a shit coin. Hahahahahaha You deserve it, phillip pillup... hahahaha #nohomo for sureYou were bragging about it not so long ago... hereSo I am now converted into the position that doge is a shit coin.
It always has been, and it always will be. In fact, any coin that a) doesn't have a futures market, b) companies are not converting their treasuries to or talking about doing so, and c) won't have upcoming ETFs for are all shit coins. So what does that leave? Ethereum is a shitcoin and there are various markets being developed around it. Sorry jojo, no more merit for old legendary codgers  +2 WOsMerit Sorry for WOsMerit inflation. We promise it's temporary. We are closely monitoring the situation. Brrrr brrrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr brrrr...Must be the "royal we" for sure that is monitoring the situation. |
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friends1980
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Activity: 1582
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nutildah-III / NFT2021-04-01
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February 01, 2021, 07:12:05 PM |
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Three millionth user
You'll do better here if you
brush up on haiku
All in all, we've had worse: Meet One millionth user. 38 posts of Russian one-liners. In your face, Tolstoj and Dostojevski. And Two millionth user was bursting with ambition in his first post. Which was also his only post. What a waste of sMerits. |
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Torque
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February 01, 2021, 07:24:50 PM |
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While gobs of dumb money is off chasing meme stonks, SLV, shitcoins, and other various pumps....
...smart money will be quietly accumulating Bitcoin on the down low.
Maybe this was the mother of all diversions for 2021?
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Toxic2040
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Merit: 4141
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February 01, 2021, 07:40:27 PM |
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noon charts #dyor 1h  4h  perspective..tis still happening imho D  #stronghands |
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AlcoHoDL
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Activity: 2366
Merit: 4161
Addicted to HoDLing!
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February 01, 2021, 07:50:39 PM
Last edit: February 01, 2021, 08:05:06 PM by AlcoHoDL |
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While gobs of dumb money is off chasing meme stonks, SLV, shitcoins, and other various pumps....
...smart money will be quietly accumulating Bitcoin on the down low.
Maybe this was the mother of all diversions for 2021?
I don't know what it was, but I have a feeling that 2021 will be the best year to date for Bitcoin, it will be talked about as "the year of mainstream acceptance". Can't explain it, no math or science (maybe some), just gut feeling. And I can tell you that my gut feeling has never failed me. I think 6 digits (stable) are pretty much a given, which will be sufficient for most of us. Musk, Saylor et al. will just help accelerate the inevitable. Edit: I'm tempted to replace "stable" with "peak" in the sentence above (the conservative in me), but no, I won't. |
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