JSRAW
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February 05, 2021, 06:24:48 PM |
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philipma1957 please follow the thread.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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ivomm
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All good things to those who wait
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February 05, 2021, 06:43:37 PM Last edit: February 06, 2021, 07:04:34 AM by ivomm |
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The shitcoin names and pumps will be forgotten. This reminds me so much of 2017. We can barely recall the names of those get-rich-in-a-day shitcoins that after 1-2 week pumps crashed and lost 95-99% of their value. And like then, I see so many complete n00bs coming here to shill, not knowing they soon all will be heavy bagholders of shit. This will happen again. It is only a matter of when, not if. People tend to make the same mistakes over and over again, including the famous rocket genious but both covid- and bitcoin- idiot - Elon Musk. It is never too late to invest in Bitcoin. Only the stupid peeps think that the price is too high and this is the end of the road. The reality is that most people are not well informed and thus the mass adoption is at its very beginning. And if now only a few institutions are joining the race and this has an obvious impact on the price, then what will happen when most of the people and the institutions are well informed and take the right decisions to invest in Bitcoin? We see now how immature are the reddit n00bs who really believed nobody can stop them. Every OG Bitcoin holder knows many examples of similar behavior of dubious exchanges like mtgox, bitmex, okex and many others which shutdown the servers in case of "emergency", liquidating long and shorts, etc. It was clear that a similar manipulation will happen at the moment when the retail investors start winning big money. It is like playing vs the casino, which has many ways to rob the clients. I'm saying this, because it will take some time for those n00bs who have some brain to figure that out and realise that the only really decentralized winning investment over the years to come is Bitcoin and Bitcoin only. Some of them will read Sathoshi's whitepaper and good books and get a deeper knowledge which will build a strong conviction and faith. And this is quite different form the hazardous get-quickly-rich-and-run thing. As it is said in the Bible - the righteous will live through his faith!
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Torque
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February 05, 2021, 07:02:59 PM Last edit: February 05, 2021, 07:13:09 PM by Torque |
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Yep, I've seen this movie before. Twice actually. We've all known that along with a new Bitcoin bull run, comes a new laundry list of shitcoin scams pushed on the masses of unsuspecting n00bs in order to distract them away from btc. Can't wait to read about which one will be the next BitConnect. "Biiiittttconnnnect!" As the Bitcoin price continues to rise, it's only going to get worse. More shitcoin shills, more meme stonks, more attempts at distraction into false PnDs. After the whole GME / WSB debacle, the establishment has now realized that there's a whole army of degenerate apes out there, willing to lose their hard-earned money whilst the whole time giving each other high-fives for having "diamond hands" and "sticking it to the man". Willing to invest more than they are willing to lose. Willing to throw good money after bad, to double and triple down, to catch falling knives over and over again. Willing to be the bagholders of last resort. Dumb money on a whole new level of stupid.
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lightfoot
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I fix broken miners. And make holes in teeth :-)
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February 05, 2021, 07:24:20 PM |
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OT: Well boys, looks like the Dems are going to pass another fkn $1.9T in "stimulus spending". MONEY PRINTER GO BRRR IN OVERDRIVE ! https://brrr.money/#buybitcoinorstaypooryourchoice This time though I won't be getting a stimmy check. Which is good....ish.
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Sayeds56
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Eloncoin.org - Mars, here we come!
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February 05, 2021, 07:32:24 PM Last edit: February 05, 2021, 07:51:43 PM by Sayeds56 |
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Bitcoin is cool as a cucumber right now with other stuff going up 100% a day.
Not entering into overheating stuff-not my style, but I have something back from 2017-lol. If the fever will not decrease later today, the weekend might get more frothy. Unfortunately, our dominance dropped to 60.3% or so. Hopefully, a temporary situation.
BITCOIN broke falling wedge, Buy pullback with $42K first and 45K is 2nd target.[/b] https://www.tradingview.com/markets/cryptocurrencies/ideas/
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cAPSLOCK
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Whimsical Pants
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February 05, 2021, 07:37:53 PM Last edit: February 05, 2021, 07:51:03 PM by cAPSLOCK Merited by JayJuanGee (1) |
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OK. Argue with me.
-I have added the Liquid app to my ledger. -Loaded Greenwallet on my desktop. -Playing around with liquid.
Green wallet is buggy... at least with the Ledger.
This set of tradeoffs, although aimed at exchanges is pretty damn cool for regular users. The fedarated model makes a bitcoin like experience crazy cheap, fast and seamless. It could be a sweetspot for a semi-trusted model. And it has CT built in.. it's not Monero for privacy, but it's headed there.
Whenever I am exploring this, or arguing that PayPal bitcoin is not the end of the world it is because I believe we can have a basket of security tradeoffs.
Since we chose to have small blocks we are going to have to have multiple solutions for cheap transactions. This one is unique and a sleeper in my opinion.
I actually am enjoying holding tether in here... Anyone want to send a dollar back and forth?
Should I go get my own cross? Or are you guys gonna provide one?
-edit- speaking of crosses... Exchanges and custodians as part of the federated model, could allow their users to float in and out of liquid (they actually already are) and they hold the coins while the users dribble small amounts into their wallet that they can then send back and forth with other users for everyday transactions (think groceries).
The reason this is not the end of the world for Bitcoin is NO ONE can stop ANYONE from transacting on the BTC blockchain... but it WILL be expensive.
Pick your poison.
Are you guys gonna sharpen the nails? Or am I? Wait... you might want them dull...hmm.
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Icygreen
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Activity: 1463
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February 05, 2021, 07:42:29 PM |
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Yep, I've seen this movie before. Twice actually. We've all known that along with a new Bitcoin bull run, comes a new laundry list of shitcoin scams pushed on the masses of unsuspecting n00bs in order to distract them away from btc. Can't wait to read about which one will be the next BitConnect. "Biiiittttconnnnect!" As the Bitcoin price continues to rise, it's only going to get worse. More shitcoin shills, more meme stonks, more attempts at distraction into false PnDs. After the whole GME / WSB debacle, the establishment has now realized that there's a whole army of degenerate apes out there, willing to lose their hard-earned money whilst the whole time giving each other high-fives for having "diamond hands" and "sticking it to the man". Willing to invest more than they are willing to lose. Willing to throw good money after bad, to double and triple down, to catch falling knives over and over again. Willing to be the bagholders of last resort. Dumb money on a whole new level of stupid. You've called it consistently your voice may have been the one which saved my family from becoming mETH heads back in 17.
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cAPSLOCK
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Activity: 3738
Merit: 5127
Whimsical Pants
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February 05, 2021, 07:54:28 PM |
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Yep, I've seen this movie before. Twice actually.
We've all known that along with a new Bitcoin bull run, comes a new laundry list of shitcoin scams pushed on the masses of unsuspecting n00bs in order to distract them away from btc.
Cept, for the third time in a row its fucking ETH. It seems it's going to take a disaster (I mean a really really big one.. didn't another just regular big one just happen again?) for the masses to realize that the ETH model is seriously flawed?
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brokedummy
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Activity: 980
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February 05, 2021, 07:55:40 PM |
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Yep, I've seen this movie before. Twice actually. We've all known that along with a new Bitcoin bull run, comes a new laundry list of shitcoin scams pushed on the masses of unsuspecting n00bs in order to distract them away from btc. Can't wait to read about which one will be the next BitConnect. "Biiiittttconnnnect!" As the Bitcoin price continues to rise, it's only going to get worse. More shitcoin shills, more meme stonks, more attempts at distraction into false PnDs. After the whole GME / WSB debacle, the establishment has now realized that there's a whole army of degenerate apes out there, willing to lose their hard-earned money whilst the whole time giving each other high-fives for having "diamond hands" and "sticking it to the man". Willing to invest more than they are willing to lose. Willing to throw good money after bad, to double and triple down, to catch falling knives over and over again. Willing to be the bagholders of last resort. Dumb money on a whole new level of stupid. You've called it consistently your voice may have been the one which saved my family from becoming mETH heads back in 17. probably saved me from buying under $10 in 2014
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savetherainforest
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February 05, 2021, 08:04:47 PM |
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Its not about DOge !!!!!!!!!!1 ... Its about an a$$hole billionaire that f^cks up an organic market and creates chaos, panic and losses. I barely made mine back after an extra day of work. But there are many that lost all their sh!t or got rekt out of proportion!
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philipma1957
Legendary
Online
Activity: 4074
Merit: 7591
'The right to privacy matters'
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February 05, 2021, 08:06:45 PM |
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philipma1957 please follow the thread.
I do follow the thread I am converting my Doge into BTC which is my ultimate goal growing BTC I never mentioned my stacking of my doge in 2018 2019 2020 in this thread until now (2021) that I am selling it at profit to convert to BTC and fiat. I am following the thread. My position on coins is very simple BTC is king. LTC and DOGE have function and will continue to have function if you have cheap power they will allow you to stack BTC All pos coins = bad. eth is bad 1 boss = bad.
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Elwar
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Viva Ut Vivas
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February 05, 2021, 08:12:24 PM |
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OK. Argue with me.
-I have added the Liquid app to my ledger. -Loaded Greenwallet on my desktop. -Playing around with liquid.
Green wallet is buggy... at least with the Ledger.
This set of tradeoffs, although aimed at exchanges is pretty damn cool for regular users. The fedarated model makes a bitcoin like experience crazy cheap, fast and seamless. It could be a sweetspot for a semi-trusted model. And it has CT built in.. it's not Monero for privacy, but it's headed there.
Whenever I am exploring this, or arguing that PayPal bitcoin is not the end of the world it is because I believe we can have a basket of security tradeoffs.
Since we chose to have small blocks we are going to have to have multiple solutions for cheap transactions. This one is unique and a sleeper in my opinion.
I actually am enjoying holding tether in here... Anyone want to send a dollar back and forth?
Should I go get my own cross? Or are you guys gonna provide one?
-edit- speaking of crosses... Exchanges and custodians as part of the federated model, could allow their users to float in and out of liquid (they actually already are) and they hold the coins while the users dribble small amounts into their wallet that they can then send back and forth with other users for everyday transactions (think groceries).
The reason this is not the end of the world for Bitcoin is NO ONE can stop ANYONE from transacting on the BTC blockchain... but it WILL be expensive.
Pick your poison.
Are you guys gonna sharpen the nails? Or am I? Wait... you might want them dull...hmm.
I've looked pretty deeply into Liquid and it does make a lot of sense. I even contacted Blockstream to play a role on the Satoshi. They were excited about participating but told me they were more of an engineering company providing solutions than anything else. They are federated currently through a few exchanges but they keep growing the federation and they are working toward decentralized federalization. I do not doubt it happening eventually. I also checked in on RGB for Lightning and see that they are still updating their Github with code changes daily so it is active.
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Chrystora123
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Omicron is another FUD
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February 05, 2021, 08:42:22 PM |
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Its not about DOge !!!!!!!!!!1 ... Its about an a$$hole billionaire that f^cks up an organic market and creates chaos, panic and losses. I barely made mine back after an extra day of work. But there are many that lost all their sh!t or got rekt out of proportion! "lol" a lot of nubies are losing money because of this chaotic..
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JimboToronto
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You're never too old to think young.
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Its not about (some shitcoin) !!!!!!!!!!1 ... Its about an a$$hole billionaire that f^cks up an organic market and creates chaos, panic and losses. I barely made mine back after an extra day of work. But there are many that lost all their sh!t or got rekt out of proportion! If you didn't sell any Bitcoin or mess around with garbage coins, you wouldn't have to worry about making anything back. Just hodl your bitcoins and enjoy getting rich. All Musk was doing was having fun playing with the kind of fools that trade shitcoins. He even chose the most ridiculous one for his hilarious little game. _____ I agree we have to get all the shitcoin talk into the shitcoin speculation folder and out of the Bitcoin speculation folder, especially WO.
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Elwar
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Viva Ut Vivas
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February 05, 2021, 08:55:25 PM |
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I have bought shitcoin during almost every bitcoin boom.
First time (up to $266) I bought NMC, PPC and LTC. I spent more bitcoins to get them than I could get out today.
Last time (up to $20k) I bought ETH. I spent more on the ETH than I could get today. Though I bought those for the Blue Frontiers token (which failed miserably, but they refunded our ETH due to not reaching their goal).
Your shitcoin will jump 25-50% in a day. But it will also fall that much just as easily. And in the end, the only people using those coins are thinking they are going to make a lot of money that they can cash out into something else. Like bitcoin or dollars. Just acknowledge that you are pump and dump and try to get out at the top.
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El duderino_
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BTC + Crossfit, living life.
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February 05, 2021, 09:33:29 PM |
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Just checking in on these FRIYAY's Home cooked "ugly dressed" as how jimbo would say ... but still delicious imo ...
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serveria.com
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Privacy Servers. Since 2009.
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February 05, 2021, 09:33:44 PM |
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I have bought shitcoin during almost every bitcoin boom.
First time (up to $266) I bought NMC, PPC and LTC. I spent more bitcoins to get them than I could get out today.
Last time (up to $20k) I bought ETH. I spent more on the ETH than I could get today. Though I bought those for the Blue Frontiers token (which failed miserably, but they refunded our ETH due to not reaching their goal).
Your shitcoin will jump 25-50% in a day. But it will also fall that much just as easily. And in the end, the only people using those coins are thinking they are going to make a lot of money that they can cash out into something else. Like bitcoin or dollars. Just acknowledge that you are pump and dump and try to get out at the top.
So here's another proof guys: never mess with shitcoins!
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