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somac.
Legendary
Offline
Activity: 2104
Merit: 1237
Never selling
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April 07, 2021, 12:22:15 PM |
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Poor again.
Lost all your fiat to forgotten buy orders? Corn price going lower than I'm comfortable with at this time. Was hoping we'd be closer to $60k by now. Got a ranch to build. That shit doesn't come cheap. As an alternative, fiat is cheap. It would be possible to get a temp fiat loan to hold you over.
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OutOfMemory
Legendary
Offline
Activity: 1666
Merit: 3313
Man who stares at charts (and stars, too...)
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April 07, 2021, 12:22:45 PM |
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Poor again.
Lost all your fiat to forgotten buy orders? Corn price going lower than I'm comfortable with at this time. Was hoping we'd be closer to $60k by now. Got a ranch to build. That shit doesn't come cheap. I know these feelings, gotta move forward with extending the hou$e. All will be fine, though.
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somac.
Legendary
Offline
Activity: 2104
Merit: 1237
Never selling
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April 07, 2021, 12:23:01 PM |
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Everyone knew he was going down though.
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heslo
Legendary
Offline
Activity: 1197
Merit: 1126
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April 07, 2021, 12:27:08 PM |
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Everyone knew he was going down though. Yeah for sure but fuck knows; it's like some people want a reason to be affected by FUD
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somac.
Legendary
Offline
Activity: 2104
Merit: 1237
Never selling
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April 07, 2021, 12:28:42 PM |
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Everyone knew he was going down though. Yeah for sure but fuck knows; it's like some people want a reason to be affected by FUD ha, I hear ya.
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AlcoHoDL
Legendary
Offline
Activity: 2492
Merit: 4576
Addicted to HoDLing!
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April 07, 2021, 12:47:42 PM |
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$56k and rising. <--- This is fine. No singing llama posts. <--- Worried!
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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April 07, 2021, 01:15:04 PM Merited by JayJuanGee (1) |
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Ugh. I know I am constantly defending the idea of "Bitcoin Banks", and "Trusted second layers" which probably ruffles cypherpunk feathers a little... And I stand by the idea that bitcoin is big enough for "all the things". But this? This smells like NYA 2.0 It's the same usual suspects, all of them seem to be anti-segwit. The Square team is the only one that seem like it ever had a pro lightinig stance. I dunno.. I feel like Fidelity has been a good actor. But I do not trust that bald f^%k. The next war begins. Get ready for a push for PoS, the rejection of the Lightning network etc. I imagine this time there will be a public marketing campaign to sell the ideas... I have a feeling it is gonna get nasty as hell. I am most worried about the seeming inevitable push for PoS. Because would a group of the biggest custodians benefit from PoS? Yes. They would. I hope I am wrong.
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somac.
Legendary
Offline
Activity: 2104
Merit: 1237
Never selling
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April 07, 2021, 01:34:54 PM |
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Ugh. I know I am constantly defending the idea of "Bitcoin Banks", and "Trusted second layers" which probably ruffles cypherpunk feathers a little... And I stand by the idea that bitcoin is big enough for "all the things". But this? This smells like NYA 2.0 It's the same usual suspects, all of them seem to be anti-segwit. The Square team is the only one that seem like it ever had a pro lightinig stance. I dunno.. I feel like Fidelity has been a good actor. But I do not trust that bald f^%k. The next war begins. Get ready for a push for PoS, the rejection of the Lightning network etc. I imagine this time there will be a public marketing campaign to sell the ideas... I have a feeling it is gonna get nasty as hell. I am most worried about the seeming inevitable push for PoS. Because would a group of the biggest custodians benefit from PoS? Yes. They would. I hope I am wrong. Yeah PoS is downright near evil in my opinion. Talk about giving power to rich. PoW means miners have to actually work, make capital investments, develop future strategies etc. If they make shitty decisions they will get weeded out by the market. PoS means the rich, can simply sit on their riches and get new coins without doing any work at all. They will therefore always hold onto power, and with no running costs like PoW miners, their piles of riches will never decrease, only grow. Hell, PoS is even better then owning politicians or succesfully lobbying government, the protocol becomes their's without any effort. PoS must be avoided at all costs, to fail in this mission means a certain return to lords and serfs.
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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corn wilts in the field we have simply forgotten haikus like sunshine
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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April 07, 2021, 01:45:53 PM |
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$56k and rising. <--- This is fine. No singing llama posts. <--- Worried!
This is, unfortunately, a valid observation...
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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April 07, 2021, 01:49:22 PM |
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Ugh. I know I am constantly defending the idea of "Bitcoin Banks", and "Trusted second layers" which probably ruffles cypherpunk feathers a little... And I stand by the idea that bitcoin is big enough for "all the things". But this? This smells like NYA 2.0 It's the same usual suspects, all of them seem to be anti-segwit. The Square team is the only one that seem like it ever had a pro lightinig stance. I dunno.. I feel like Fidelity has been a good actor. But I do not trust that bald f^%k. The next war begins. Get ready for a push for PoS, the rejection of the Lightning network etc. I imagine this time there will be a public marketing campaign to sell the ideas... I have a feeling it is gonna get nasty as hell. I am most worried about the seeming inevitable push for PoS. Because would a group of the biggest custodians benefit from PoS? Yes. They would. I hope I am wrong. Yeah PoS is downright near evil in my opinion. Talk about giving power to rich. PoW means miners have to actually work, make capital investments, develop future strategies etc. If they make shitty decisions they will get weeded out by the market. PoS means the rich, can simply sit on their riches and get new coins without doing any work at all. They will therefore always hold onto power, and with no running costs like PoW miners, their piles of riches will never decrease, only grow. Hell, PoS is even better then owning politicians or succesfully lobbying government, the protocol becomes their's without any effort. PoS must be avoided at all costs, to fail in this mission means a certain return to lords and serfs. The issue, as I see it, is PoS fits in with the current political narratives that @jack seems to be controlling, lol. The whole "environmental impact of bitcoin" is where the FUD narrative goes next, IMHO. I would not doubt that block size, and the issuance cap will also be up for discussion. Brian Armstrong has been trying to "fix" or replace bitcoin the whole damn time. Someone please tell me there was just something sour in my coffee this morning... I do not like being this paranoid.
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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April 07, 2021, 02:04:52 PM |
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Ok, in all seriousness, everyone knows this thing is on the verge of a collapse, right? Double top. Low volume. Get out while you still can.
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Richy_T
Legendary
Offline
Activity: 2548
Merit: 2264
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 07, 2021, 02:13:11 PM |
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It's all well and good until you go to have a meeting and have to turf out Craig Wright in a sleeping bag.
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shahzadafzal
Copper Member
Legendary
Offline
Activity: 1666
Merit: 3006
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April 07, 2021, 02:19:34 PM |
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Poor again.
Come on show us your new buy orders?
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Dabs
Legendary
Offline
Activity: 3416
Merit: 1912
The Concierge of Crypto
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April 07, 2021, 02:19:54 PM Merited by JayJuanGee (1) |
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PoS ain't happening for Bitcoin. Sure, any altcoin can do it, go ahead.
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Richy_T
Legendary
Offline
Activity: 2548
Merit: 2264
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 07, 2021, 02:20:01 PM |
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There is no need to shill something that is implemented, working and fully accepted.
Yes. It was just annoying that it was being touted when it was clear it was not a solution and, indeed, has proven not to be. The subtext, of course, is that LN also has issues (not least requiring on-chain capacity) that also make it not a solution and people need to pull their heads out of the sand about why Bitcoin is losing market share.
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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April 07, 2021, 02:20:40 PM |
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Ok, in all seriousness, everyone knows this thing is on the verge of a collapse, right? Double top. Low volume. Get out while you still can.
I am sure you are right. You always are, somehow. But where is the double top you are talking about???
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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April 07, 2021, 02:23:25 PM |
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PoS ain't happening for Bitcoin. Sure, any altcoin can do it, go ahead.
I agree. Sort of. But what stops there from being a fork backed by this "initiative"? I hope you are right... Maybe I forgot that bitcoin does not give a crap about any "Crypto somethingornother Initiative".
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shahzadafzal
Copper Member
Legendary
Offline
Activity: 1666
Merit: 3006
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April 07, 2021, 02:36:11 PM |
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“ The Cryptocurrency Bitcoin Tycoons On Forbes’ 2021 Billionaires List:
Cameron Winklevoss & Tyler Winklevoss
NET WORTHS: $3 BILLION EACH The siblings began buying bitcoin in 2012. They’ve also launched crypto exchange Gemini and purchased digital art auction platform Nifty Gateway.
Michael Saylor NET WORTH: $2.3 BILLION
The CEO of software firm MicroStrategy made, and lost, a fortune during the first dot-com bust. Saylor is now worth $2.3 billion after snapping up Bitcoin ahead of the boom—for both himself and his company, pushing its stock up.” Yes CZ is also in the list with NET WORTH: $1.9 BILLIONhttps://www.forbes.com/sites/johnhyatt/2021/04/06/the-cryptocurrency-tycoons-on-forbes-2021-billionaires-list/
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