OutOfMemory
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Man who stares at charts (and stars, too...)
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May 07, 2022, 11:45:23 PM |
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Hello bois. Hello Do you wanna try my long, green dildo?
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ChartBuddy
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May 08, 2022, 12:01:25 AM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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May 08, 2022, 12:03:43 AM |
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... <boring load of same old bollocks from attention seeking idiot who needs to get laid>
Jeezus Christ greek man. We get it. You like throwing stupid insults and swinging your dick at everyone in here because you can. Guess what? Everyone in here can do that too. But they don't. It's old hat now. No one is impressed or intimidated. We just roll our eyes and scroll on. That maybe news to you. So just grow up and post a normal non toxic reply without billions of quotes and fancy separate lines. Or not. We really DGAF. btw, do you miss notbatman? I do. I like this one: "Guess what? Everyone in here can do that too. But they don't." @Blue King: Too big, wrong thread Indeed. But you should also move your ass to the Shitcoin Observer, and take your buddies with you! The Cryptotourbeast would just love it if all WO thread participants were to go to some other thread, and it would be remaining just him, chartbuddy and RichieT hanging out for funzies all day long. Yeah right. ......fuck right off this thread - all the way to the flat Earth one......
gotta admit this one is funny... like one funny hit out of 100 attempts. Could be worse, no?
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Gachapin
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bitcoin retard
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May 08, 2022, 12:10:09 AM |
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pps, the more time we spend below $48.3K, the more I feel like it is possible we go and visit the 55MA, on the ........
MONTHLY
SLUT
That's exactly what they tm want you to think .......but I would be happy either way, I only see a win win either way. And actually its what the chart makes me think (is one of various possibilities obvs) ..... and if you think that the chart is that easily painted......... then that ain't exactly great is it? Also, it is not that far out of the realms of possibility huh...... I mean the 55 on the monthly is rising pretty aggressively, if I wanted to be more bearish could call the 200 weekly. Or I could point you to past cycles..... Either way, there is no reason for joy imo to the upside on the macro until we are over 48.3k at the very least...though guess you could say there is no medium term doooooom, unless we break 33K (ps also, if it does take that route, you never know where the 55 is by then) (pps- If we put in a higher low on the monthly, or weekly, then that would be great, but atm, price is trending down on weekly, volatility is expanding on the weekly, as MACD turning down, stochastic is turning down , and will not turn up unless we clear 44K, the 10-55ma's all drooping.... dunno, I smell the opportunity for continuation to the downside alongside expanding volatility.....below 31k is aids imo, least to the 55 ) (ppps, if we put in strong support anywhere above 31-33, and create new higher lows, rally a little, come back down test support, maybe some sideways in there.... then off to the races, that would not surprise me either.....nor if we almost insta nuked it to 59K and beyond. ....none of it would surprise me tbh) Actually I'm clueless how easy it is to paint the chart. However, I guess if they tm could manipulate Gold they surely can do it with the BTC market. As I said before, it's the chance for the bears. They just need to push a little more to generate a totally bearish sentiment... Damn I mean even PlanB is getting bearish.. With everyone being bearish it will be a good time to enter the disbelief phase...
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empowering
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May 08, 2022, 12:14:01 AM |
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pps, the more time we spend below $48.3K, the more I feel like it is possible we go and visit the 55MA, on the ........
MONTHLY
SLUT
That's exactly what they tm want you to think .......but I would be happy either way, I only see a win win either way. And actually its what the chart makes me think (is one of various possibilities obvs) ..... and if you think that the chart is that easily painted......... then that ain't exactly great is it? Also, it is not that far out of the realms of possibility huh...... I mean the 55 on the monthly is rising pretty aggressively, if I wanted to be more bearish could call the 200 weekly. Or I could point you to past cycles..... Either way, there is no reason for joy imo to the upside on the macro until we are over 48.3k at the very least...though guess you could say there is no medium term doooooom, unless we break 33K (ps also, if it does take that route, you never know where the 55 is by then) (pps- If we put in a higher low on the monthly, or weekly, then that would be great, but atm, price is trending down on weekly, volatility is expanding on the weekly, as MACD turning down, stochastic is turning down , and will not turn up unless we clear 44K, the 10-55ma's all drooping.... dunno, I smell the opportunity for continuation to the downside alongside expanding volatility.....below 31k is aids imo, least to the 55 ) (ppps, if we put in strong support anywhere above 31-33, and create new higher lows, rally a little, come back down test support, maybe some sideways in there.... then off to the races, that would not surprise me either.....nor if we almost insta nuked it to 59K and beyond. ....none of it would surprise me tbh) Actually I'm clueless how easy it is to paint the chart. However, I guess if they tm could manipulate Gold they surely can do it with the BTC market. As I said before, it's the chance for the bears. They just need to push a little more to generate a totally bearish sentiment... Damn I mean even PlanB is getting bearish.. Then, with everyone being bearish it will be a good time to enter the disbelief phase... yuh, could be could be, well it will be at some point no doubt about it.... and that could be here ish or..... it could be somewhere around the 55 on the monthly.... No crystal ball here though. Apart from........long term, boolish AF.
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jojo69
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diamond-handed zealot
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ChartBuddy
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May 08, 2022, 01:04:55 AM |
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PoolMinor
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XXXVII Fnord is toast without bread
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May 08, 2022, 01:13:26 AM |
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There is a fair amount of information on this subject. The most important thing to draw from it is that there is no 3rd party that has safely audited their books for at least 6 months. The main excuse given is that Tether cannot spare their main developer to explain to the auditors how they "secure" the "reserves". Tether only has 13 30 employees, the fewer the easier it is to keep their mouths shut. https://www.youtube.com/watch?v=-whuXHSL1Pghttps://www.youtube.com/watch?v=WgJjf4HaRskDYOR
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Gachapin
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bitcoin retard
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May 08, 2022, 01:52:23 AM |
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bear attack !!!
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ChartBuddy
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May 08, 2022, 02:04:55 AM |
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Torque
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May 08, 2022, 02:23:47 AM |
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When we go sub $30k, who sold at the bottom? Who's our next Mindrust? . . . . . . . . . . . . . . Too soon?
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Biodom
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May 08, 2022, 02:48:13 AM |
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When we go sub $30k, who sold at the bottom? Who's our next Mindrust? . . . . . Too soon? Duh! We are still above 34K. Personally, I don't have any bitcoin on exchanges, apart from few thou sats. Going down with the ship, captain!
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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May 08, 2022, 02:54:57 AM |
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they get rekt it leaves a bitter taste which is then associated with anything crypto (I fear I may receive a batslap soon by jjg) related, even bitcoin.
Even if some of us might not agree with what you are saying (it didn't seem to be too controversial of a position) and maybe even not agree with how you might be lumping the various asset classes, it still is way more helpful to see that you had used both the term bitcoin and the term crypto rather than just vaguely/amorphously referring to everything as "crypto." Disagreement is probably way better to deal with than vagueness.. and too much vagueness.. especially with a term that is already in itself vague (Crypto) just seems to devolve into misleading, even if the author might not have had intentions to mislead. You seem to feel that I am a wee bit focused on you. I see. Checking the 15 minute chart, looks like a dead cat without the bounce part, it just died. The BIP 119 ordeal doesn't help either. I'm against smart contracts support in Bitcoin, don't want Bitcoin turning into Ethereum with all that entails. I'm fairly optimistic BIP 119 will be rejected eventually, but it's going to get worse before it gets better. As of writing this Bitcoin fell off another cliff, from mid 36k down towards 35k USD. I'm with you modrobert... BIP 119 has some potentially problematic aspects that have not quite been figured out and/or discussed, and at least the proponent has backed off of his original assertion that such BIP is worthy of fast-track considerations... BIP119 was presented as something straightforward, simple and ONLY with upsides, yet it may well be a mechanism that would screw up our current transaction incentives within bitcoin in such a way that would end up causing it to potentially serve as an attack vector.. It is seeming as if it may well be better to put those covenants/smart contracts on second or third layer of bitcoin rather than on the base layer. Guy Swan discussed the matter of potentially screwing up incentives in his podcast from a few days ago. Yeah, we cant put fungibility on the base layer but sure lets throw a attack vector on there so the scammers can run shitcoin P&D's all day. I doubt that I know enough about the topic, yet I understand that in some ways, fungibility remains tricky. Even though at the same time, I thought that the greater building on Taproot is going to help to address some of the fungibility matters and make it more difficult to trace transactions or even to end up having some levels of mixing or coin join/merging (those are probably not the right words) to possibly become standard practices that do not really cost much more to conduct... And, with any of these open source projects, it seems to take time for developers to build systems that are somewhat user-friendly and will end up contributing to greater adoption of something like privacy/fungibility systems.. and then perhaps inabilities for third parties/exchanges/governments to try to pressure/discourage/threaten normies from using those privacy/fungibility systems. Fungibility does come up quite a bit in regards to the various ways that privacy oriented folks realize that these systems and practices need to continue to be developed and made easier and easier.. if your coins are not already known/traceable, then do you have the ability to make them more private and non-traceable by using some of the newer developments (I am not even proclaiming that such great fungibility/privacy systems exist even though there are likely some members who are more able than others in that direction - but we see that even seemingly smart people get caught using faulty systems/practices (Canadian Trucker situation serves as a pretty good example of folks getting caught with their pants down in terms of some of the practices that they employed). I don't exactly feel articulate on the topic, even though I feel that I understand your concern Hueristic - while at the same time, I feel that you are taking an overly negative/pessimistic stance regarding current bitcoin capabilities or even possible ongoing developments, and maybe you are attributing too much blame to bitcoin rather than the likely many mistakes (or lack of prioritizing) that many bitcoiners seem to employ in their own practices. Many of us, including but not limited to yours truly, are probably guilty of some of that too.. because in my case, for example, I do not feel like much of a technical genius and sometimes I am ONLY willing to put in so much time in terms of some of the various protections while at the same time, there may be ONLY so much that normies might be doing - and there sometimes can be problems with people locking themselves out of their own coins because they end up overcomplicating some of the systems that they are trying to employ.
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ChartBuddy
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May 08, 2022, 03:05:00 AM |
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ChartBuddy
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May 08, 2022, 04:01:22 AM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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May 08, 2022, 04:15:16 AM |
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Due to Ukraine and the Russia Tension the Stock market is also facing the Panic down. Fun with crypto is our losses are not permanent hehe if these are in BTC and one more thing non future assets. Enjoying the moment with No Fait. Fuck crypto. I am not even sure what crypto is, but fuck it anyhow. yes there ARE more than 1, no matter what you say and there always fucking will be, no matter what you say
Stop trying to tell us that you have some kind of a unique position and that you are smarter than other members in this thread. Sure, each of us have our own perspectives, but you seem to be suggesting that a bunch of guys here believe that bitcoin is the ONLY coin - merely because some of us prefer to stay away from shitcoin talk. I doubt if any guy here, including yours truly, who does not believe that shitcoins will be around for many years, maybe 50-100 years or more - and potentially even forever as you suggest, even if high percentages of the value will actually flow into the hardest money (which is currently bitcoin) but still there will likely be some uses for other kinds of less hard money and even various kinds of transactional mechanisms that may well get reconciled in bitcoin at some later point.. but even having bitcoin evolve into reserve currency or even reserve truth keeper could take several hundred years to play out, so that level of speculation seems a lot less relevant in terms of watching walls or some of the more immediate decisions that a lot of us are making in this thread regarding how to accumulate bitcoin and then to maintain ones stash and perhaps even some liquidation concerns based on timeline limitations that each mortal has, the last time I checked. I doubt that anyone here, including yours truly, has been denying the potential for various innovations coming from or through various shitcoins and even from various angles that had been started by shitcoins, but just because some learning can be done from shitcoins, there is no reason to try to treat them as if they were some kind of equal to bitcoin - or to otherwise fail/refuse to put them in their place rather than talking them up as if they were some kind of best thing since sliced bread....... blah blah blah. The last time I checked, this is not the let's talk about all things in the world, and you likely already know (but refuse to have much courtesy) that there are devolution dangers in pumping shitcoin talking points in this thread without trying to give them a proper context so that we might be able to not devolve into shitcoin talk rather than trying to maintain some semblance of bitcoin focus herein. By the way, on a personal level, if there were some seeming shitcoin that either seemed to be better than bitcoin or moving towards being better than bitcoin and not filled with smoke and mirror scams (like ethereum and some of those related products).. and likely POW is the way to go because POS is another fucking scam, so any coin/project that fails/refuses to appreciate the betterness for POW for the sound money aspects, decentralization and censorship resistance, can go get fuck with their disinformation scam nonsense. In other words, what I am trying to say is that I have no problem diversifying into whatever better coin that might come about that is either POW or improves upon POW or bitcoin and/or even I would completely abandon bitcoin for that superior product if we end up going in that direction with some project/coin that is either in existence, comes into existence or comes to be known to be moving in that direction... Most of us regulars in this thread should know/recognize that there is no such product/project/coin currently that even comes close to bitcoin in terms of what I already mentioned about sound money, decentralization and censorship resistance - which are the features that matter especially if any product/project or coin is holding itself up as being meaningfully disruptive, and many of the shitcoins/projects or whatever they are referred as are likely ONLY able to survive under the curtain of bitcoin providing a space in which nobody can do shit about bitcoin, so therefore, these other projects are kind of allowed to get away with quite a bit because various powers that be wheter governments, institutions or status quo rich have few clues about what to do in order to address various disruptive angles that come through bitcoin and is also pushed out to various shitcoin/bitcoin wannabe imitators as well. And yeah, some of the shitcoins have some decent features or attempts at innovations that end up being way more meaningful because they have built some network effects that go beyond the snot-nosed 14-year olds, so to the extent to which some of those matters might come into bitcoin's layer 1 or layer 2 (or higher) or end up getting pegged to bitcoin at some point is still to be seen how a lot of these matters are going to play out. So, don't try to act like you, empowering, have some kind of superior vision because you recognize a multi-coin future and the rest of the WO bitcoin maximalists (or whatever you would like to call us in your strawman arguments) cannot appreciate the ongoing existence and roles (even possible contributions) of shitcoins in the future that ONLY you can supposedly see and appreciate in your infinite wisdom that supposedly goes beyond the rest of us.. blah blah blah.
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Hamza2424
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🇵🇰 Pakistan
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May 08, 2022, 04:39:40 AM |
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yes there ARE more than 1, no matter what you say and there always fucking will be, no matter what you say
Stop trying to tell us that you have some kind of a unique position and that you are smarter than other members in this thread. Sure, each of us have our own perspectives, but you seem to be suggesting that a bunch of guys here believe that bitcoin is the ONLY coin - merely because some of us prefer to stay away from shitcoin talk. I doubt if any guy here, including yours truly, who does not believe that shitcoins will be around for many years, maybe 50-100 years or more - and potentially even forever as you suggest, even if high percentages of the value will actually flow into the hardest money (which is currently bitcoin) but still there will likely be some uses for other kinds of less hard money and even various kinds of transactional mechanisms that may well get reconciled in bitcoin at some later point.. but even having bitcoin evolve into reserve currency or even reserve truth keeper could take several hundred years to play out, so that level of speculation seems a lot less relevant in terms of watching walls or some of the more immediate decisions that a lot of us are making in this thread regarding how to accumulate bitcoin and then to maintain ones stash and perhaps even some liquidation concerns based on timeline limitations that each mortal has, the last time I checked. I doubt that anyone here, including yours truly, has been denying the potential for various innovations coming from or through various shitcoins and even from various angles that had been started by shitcoins, but just because some learning can be done from shitcoins, there is no reason to try to treat them as if they were some kind of equal to bitcoin - or to otherwise fail/refuse to put them in their place rather than talking them up as if they were some kind of best thing since sliced bread....... blah blah blah. The last time I checked, this is not the let's talk about all things in the world, and you likely already know (but refuse to have much courtesy) that there are devolution dangers in pumping shitcoin talking points in this thread without trying to give them a proper context so that we might be able to not devolve into shitcoin talk rather than trying to maintain some semblance of bitcoin focus herein. By the way, on a personal level, if there were some seeming shitcoin that either seemed to be better than bitcoin or moving towards being better than bitcoin and not filled with smoke and mirror scams (like ethereum and some of those related products).. and likely POW is the way to go because POS is another fucking scam, so any coin/project that fails/refuses to appreciate the betterness for POW for the sound money aspects, decentralization and censorship resistance, can go get fuck with their disinformation scam nonsense. In other words, what I am trying to say is that I have no problem diversifying into whatever better coin that might come about that is either POW or improves upon POW or bitcoin and/or even I would completely abandon bitcoin for that superior product if we end up going in that direction with some project/coin that is either in existence, comes into existence or comes to be known to be moving in that direction... Most of us regulars in this thread should know/recognize that there is no such product/project/coin currently that even comes close to bitcoin in terms of what I already mentioned about sound money, decentralization and censorship resistance - which are the features that matter especially if any product/project or coin is holding itself up as being meaningfully disruptive, and many of the shitcoins/projects or whatever they are referred as are likely ONLY able to survive under the curtain of bitcoin providing a space in which nobody can do shit about bitcoin, so therefore, these other projects are kind of allowed to get away with quite a bit because various powers that be wheter governments, institutions or status quo rich have few clues about what to do in order to address various disruptive angles that come through bitcoin and is also pushed out to various shitcoin/bitcoin wannabe imitators as well. And yeah, some of the shitcoins have some decent features or attempts at innovations that end up being way more meaningful because they have built some network effects that go beyond the snot-nosed 14-year olds, so to the extent to which some of those matters might come into bitcoin's layer 1 or layer 2 (or higher) or end up getting pegged to bitcoin at some point is still to be seen how a lot of these matters are going to play out. So, don't try to act like you, empowering, have some kind of superior vision because you recognize a multi-coin future and the rest of the WO bitcoin maximalists (or whatever you would like to call us in your strawman arguments) cannot appreciate the ongoing existence and roles (even possible contributions) of shitcoins in the future that ONLY you can supposedly see and appreciate in your infinite wisdom that supposedly goes beyond the rest of us.. blah blah blah. Bro Really How much time you took to compose it. Anyhow I got all what you said. Personally i try to avoid the Shitcoins talk reason some of Our community memeber don't like and its the rightthing that this thread is for BTC Only. Unlike Your point of Some advancement in Shitcoins and the their experimental excersise made some inovation as the concept of tokenizing anything which seems attractive to user many of the Crypto users made Massive money from Shitcoins.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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May 08, 2022, 04:46:55 AM |
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Actually I'm clueless how easy it is to paint the chart. However, I guess if theytm could manipulate Gold they surely can do it with the BTC market.
If you had not noticed, bitcoin is both similar and different from gold. Of course, some of the same tricks are going to be attempted, and of course, they likely have some new tricks that they believe that they are going to be able to employ. I would not even claim that they are not going to try, and that they are not going to pull out multiple bags of tricks to perhaps even play dirtier than they had played before. Will they be successful? or significantly successful? or sufficiently successful in order to be able to reach their goals of "controlling" bitcoin? There deeply inbred aspects of bitcoin that are attempting to prepare for these kinds of attacks, so part of the question will be regarding what levels of success that the status quo manipulators and their various allies might be able to achieve. Sure those of us in this thread already have some doubts about if they are going to be able to be successful, but I doubt that any two of us are going to agree on all the aspects in terms of either attempting to describe where we are at, how we got here or where we might be going, but if we own some bitcoin we are at least hedging such a future in which the manipulators are not going to be even as close to as successful as they had been in gold.. and furthermore, some guys here might even believe that the status quo powers might be able to be successful in manipulating bitcoin, but there is still value in bitcoin, even if the status quo powers that be enjoy various levels of success in controlling bitcoin more than what the more radical bitcoiners might prefer as the outcome. For sure, these kinds of battles have already been going on for a while, and likely part of the rationale of approving future based ETFs and not approving spot based ETFs is to attempt to get bitcoin under control, but still does not guarantee that the status quo powers that be are going to be even close to as successful as they had been with gold in that regard (largely - but not completely) demonetizing gold. Articulate the goal as Demonetizing bitcoin? Good luck with that. Of course, there is likely going to be ongoing battles for years to come. As I said before, it's the chance for the bears. They just need to push a little more to generate a totally bearish sentiment... Damn I mean even PlanB is getting bearish..
With everyone being bearish it will be a good time to enter the disbelief phase...
Yes.. of course, there are going to be attempt s to push the BTC price as low as possible and keep it as low as possible for as long as possible... There are more tools this time around than there were in 2013. and even more tools than there were in 2017.. but still there seem to be pretty BIG risks too if they fuck it up and are they going to just keep pumping naked shorts into BTC without breaking some of their own systems.. and the BTC price ends up moving the other way anyhow, and all those players with the naked shorts (whether governments, financial institutions and/or rich no coiners) end up having to figure out what to do when the BTC price ended up moving against them, and they do not have any actual BTC.. all they have are the paper ones.. Are those paper ones going to work when push comes to shove and the various accounts are supposed to be settled? Who's going to be holding the bag if there are not enough BTC? Who's going to pay for that? I don't claim to know the answer(s), but I do appreciate that bitcoin is similar to gold, but at the same time it is different from gold, too.
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