ChartBuddy
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May 21, 2022, 07:01:20 PM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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May 21, 2022, 07:32:11 PM |
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That is a whole lot of BTC sales that are hanging over the market. That along with mtgox funds and ETH2.0
ETH 2.0 is a big danger bomb because it is a big Shitcoin experiment and if it fails it would cause a huge FUD wave again like Terra Luna did. And in case of such event, we really need to teach for everyone A LOT: Bitcoin and Altcoins are completely different tech and should be treated separately. I tried to educate people because stupid Shitcoiners are still poorly educated: Bitcoin has crashed really hard but we also need to mention what's important: Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. It was caused by a single, very risky ALTCOIN, where fundamentals of were not proven sufficiently. It was a weak Altcoin causing a huge crash. An Altcoin, where no link to Bitcoin's tech was around. Bitcoin and Altcoins are totally independent, still people are getting FUD and sell Bitcoin causing a crash. People should be aware for a similar situation: Bitcoin wasn't responsible for what happened, Bitcoin was safe, working as usual and as usually proven since Bitcoin was started. No need to sell Bitcoin. People need to learn to be wise and don't sell Bitcoin when different Altcoins are having techical problems. It will likely happen a lot more because we have a lot of shady Altcoins! A very good recommendation: don't sell Bitcoin when a different Altcoin crashes! After all, such crashes will only re- distribute coins from weak hands to strong hands (HODLers). To be succesful means to understand Bitcoin is independent from Altcoins and to understand HODL. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) A possible ETH 2.0 crash wouldn't change Fundamentals of Bitcoin but people still need to learn how Bitcoin is 100% independent from Altcoins. It's our only chance how we can prevent Bitcoin's price crashing, when an Altcoin fails again! Why would we want to provide misleading information in order to make a point that is likely to be shown not to be true? In other words, fuck shitcoins, and I do not see any reason to pump them in this thread; however, there are various ways that shitcoins are intertwined with bitcoin - and an overwhelming majority of them are hanging onto bitcoin's apron strings to receive various kinds of protection. The price performance of various shitcoins does not always correlate to BTC, and surely those shorter periods of some level of reverse correlation tends to be nice, and the BTC price pump of April to June 2019 ended up being somewhat even more memorable because of the extent to which shitcoin's did not pump during that particular bitcoin pump.... I am not really against your sentiment wagmi... beat on shitcoins whenever and wherever possible.. when in doubt bash a shitcoin; however, I find it problematic to proclaim bitcoin to be 100% detached from shitcoins.,. especially since bitcoin likely increasingly touches all segments of society and the various markets, including that a large number of shitcoin's admittedly hitch their wagons to bitcoin. ....as JJG will tell you I don’t know much about honey badger.
That's true. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Shitcoiners are just profiteering off of Bitcoin by linking Bitcoin and Altcoins. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Exactly. You admit it. We The royal we need to educate here how Bitcoin and Altcoins are 100% not linked. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You seem to have meant the royal we... therefore, for funzies, I fixed it for you. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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empowering
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May 21, 2022, 07:54:37 PM Merited by JayJuanGee (1) |
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https://twitter.com/Jkylebass/status/1527774208931028992?s=20&t=cez2x7WN3LSQ1i7W669Yug "China is preparing for war. First, Xi orders Chinese banks to risk asses and insulate against potential U.S sanctions. Now Xi is directing Chinese nationals overseas to divest of any assets. China has been hoarding grains for over a year…Xi’s 1/5" "playbook is obvious to anyone willing to connect the dots. In January 2020, China updated their “Foreign Investment Law” which gives Beijing the power and ability to NATIONALIZE FOREIGN ASSETS/INVESTMENTS under “special circumstances” which include war. 2/5 " "In mid 2021, China’s new Counter Foreign Sanctions law enables Beijing to seize corporate assets and detain expat employees if the underlying corporation simply is complying with foreign sanctions. 3/5" "The groundwork is being laid for complete seizure of foreign assets and investment in China. If you are an institutional fiduciary or any other fiduciary, you better be re-thinking your risk assessment of investing in public or private Chinese companies. 4/5" "Investors lost everything in Russia and have tried to sweep it under the rug. They won’t be able to hide the hundreds of billions that will be lost in Chinese investments. 5/5" roh roh
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ChartBuddy
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May 21, 2022, 08:04:53 PM |
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becoin
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May 21, 2022, 08:32:41 PM |
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https://twitter.com/Jkylebass/status/1527774208931028992?s=20&t=cez2x7WN3LSQ1i7W669Yug "China is preparing for war. First, Xi orders Chinese banks to risk asses and insulate against potential U.S sanctions. Now Xi is directing Chinese nationals overseas to divest of any assets. China has been hoarding grains for over a year…Xi’s 1/5" "playbook is obvious to anyone willing to connect the dots. In January 2020, China updated their “Foreign Investment Law” which gives Beijing the power and ability to NATIONALIZE FOREIGN ASSETS/INVESTMENTS under “special circumstances” which include war. 2/5 " "In mid 2021, China’s new Counter Foreign Sanctions law enables Beijing to seize corporate assets and detain expat employees if the underlying corporation simply is complying with foreign sanctions. 3/5" "The groundwork is being laid for complete seizure of foreign assets and investment in China. If you are an institutional fiduciary or any other fiduciary, you better be re-thinking your risk assessment of investing in public or private Chinese companies. 4/5" "Investors lost everything in Russia and have tried to sweep it under the rug. They won’t be able to hide the hundreds of billions that will be lost in Chinese investments. 5/5" roh roh US are doing all that for years. Why shouldn't countries like China and Russia do that as well? Petro dollar is good but petro ruble is bad... for the US monopoly!
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empowering
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May 21, 2022, 08:40:32 PM |
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empowering
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May 21, 2022, 09:01:09 PM Last edit: May 21, 2022, 09:15:39 PM by empowering |
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https://twitter.com/Jkylebass/status/1527774208931028992?s=20&t=cez2x7WN3LSQ1i7W669Yug "China is preparing for war. First, Xi orders Chinese banks to risk asses and insulate against potential U.S sanctions. Now Xi is directing Chinese nationals overseas to divest of any assets. China has been hoarding grains for over a year…Xi’s 1/5" "playbook is obvious to anyone willing to connect the dots. In January 2020, China updated their “Foreign Investment Law” which gives Beijing the power and ability to NATIONALIZE FOREIGN ASSETS/INVESTMENTS under “special circumstances” which include war. 2/5 " "In mid 2021, China’s new Counter Foreign Sanctions law enables Beijing to seize corporate assets and detain expat employees if the underlying corporation simply is complying with foreign sanctions. 3/5" "The groundwork is being laid for complete seizure of foreign assets and investment in China. If you are an institutional fiduciary or any other fiduciary, you better be re-thinking your risk assessment of investing in public or private Chinese companies. 4/5" "Investors lost everything in Russia and have tried to sweep it under the rug. They won’t be able to hide the hundreds of billions that will be lost in Chinese investments. 5/5" roh roh US are doing all that for years. Why shouldn't countries like China and Russia do that as well? Petro dollar is good but petro ruble is bad... for the US monopoly! Well if China has 50% of the worlds grain, and the US holds 50% of the grain.....then..... problem. Also, this does not mention energy (petro dollar) Also, the other main part that is being pointed out are the moves from China to put in place legislation that will help them if they are going to be sanctioned, and why do you suppose that is? and about their want to repatriate assets to China (of course countering capital flight is a long standing Chinese policy) etc , and it is no secret they plan to increase their "sphere of influence" they have made this clear since the 80/90s. ..... but, it is not JUST this ^^, alone that is why I posted.... I have long held the belief that China and USA/West are potentially on a collision course. There was a little window there perhaps 10-15 years ago where I had some hope that it would be averted, and that China would "come into the fold" , but alas I fear that they have gone the other way. China, imo, are probably not ready yet , to make their move.... but somewhere between 2025-2032, I think there is a possibility that they are on course for a collision with the west. Much of the military industrial complex seems to be of the same opinion (on both sides) , it likely has already started, and "hostilities" are live right now, with "greyzone warfare" and /or "hybrid warfare" If you look at papers published by both sides, they intend war first with political co-option , financial/trade wars, disinformation/misinformation, biological etc, for as long as possible, before any potential "hot war" Anyways..... this whole situation will unfold and there is nothing any of us can do about it, it is part of a long and unstoppable arc, but, somewhere in here there is a black swan or two or three, like no other in the making
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ChartBuddy
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May 21, 2022, 09:03:32 PM |
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cAPSLOCK
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May 21, 2022, 09:17:33 PM |
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I know a lot of us cipher idealists don't want to like him... but he is some of the clearest signal out there. We have been saying "Bitcoin is for everyone/enemies/etc" for years. He is shouting to the mountaintops to the people with the money. The Luna crash will be bullish for bitcoin because it will bring the regulation. But the cipherpunkish secret? They can't regulate bitcoin. They can only regulate all the other centralized garbage (I think they will have a little trouble with Monero too, but hey... it's Saturday) Also very high signal.
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empowering
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May 21, 2022, 09:20:37 PM Last edit: May 21, 2022, 10:31:37 PM by empowering |
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Xi doing stuff
Xi & co have no doubt been watching what is happening in Ukraine and Russia, and taking notes...... whilst they tweek their plans for Taiwan, and further. You realise that China has said, that they intend to extend their sphere of influence, and to eventually include half of Australia within that sphere..... Not to mention Africa..... where China is also making moves. Don't get me wrong becoin, yes the USA and Europe have been playing these games forever too...... (see monroe doctrine for the USA's long held stance) and that just makes the collision course that much more likely.
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empowering
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May 21, 2022, 09:27:58 PM |
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I know a lot of us cipher idealists don't want to like him... but he is some of the clearest signal out there. We have been saying "Bitcoin is for everyone/enemies/etc" for years. He is shouting to the mountaintops to the people with the money. The Luna crash will be bullish for bitcoin because it will bring the regulation. But the cipherpunkish secret? They can't regulate bitcoin. They can only regulate all the other centralized garbage (I think they will have a little trouble with Monero too, but hey... it's Saturday) Also very high signal. For sure , the guy is one hell of a salesman for BTC.. "#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy." M Saylor - 2020 TAKE MY MONEY !!! lol He is very pro the institutions involvement, but, basically, that is kind of inevitable... and they do not get to write the rules
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Gachapin
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bitcoin retard
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May 21, 2022, 09:55:31 PM |
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Chart reminds me of dying shitcoins ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FkxNTj8C%2F1-BTC-USD.png&t=665&c=7sTb--LvvigsZw)
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Biodom
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May 21, 2022, 09:57:58 PM Last edit: May 21, 2022, 10:19:22 PM by Biodom |
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Lyn Alden says: "Throughout history, people have attempted to create something from nothing." My thought...isn't bitcoin also 'something' from 'nothing'? seems like a false initial thesis. If he/she (not sure about gender) started from a different initial thesis, for example directly mentioning alchemy vs shitcoins from the first phrase, then it would flow better. A thought occurred...the current astronomy/physics also assumes getting something (our Universe) from essentially 'nothing'? I read a very interesting theory recently about the theory that Universe's birth was at the same time as something you could call a 'negative' Universe (-Universe). In such case, together they are, indeed, 'nothing'. To me this sounds better than one-sided Universe from 'nothing'.
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empowering
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May 21, 2022, 09:59:12 PM |
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Chart reminds me of dying shitcoins ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FkxNTj8C%2F1-BTC-USD.png&t=665&c=7sTb--LvvigsZw) Zoom out
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cAPSLOCK
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May 21, 2022, 10:01:22 PM |
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Lyn Alden says: "Throughout history, people have attempted to create something from nothing." My thought...isn't bitcoin also 'something' from 'nothing'? It absolutely would be if it were not for Proof of Work. What you are describing is the US dollar, or a PoS coin. This is one of the most simple, but badly understood pillars of Bitcoin. And we are not even close to being done with the attacks against PoW. Because not only is it what gives Bitcoin actual value it is also the KEY to taking the power away from the state.
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empowering
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Lyn Alden says: "Throughout history, people have attempted to create something from nothing." My thought...isn't bitcoin also 'something' from 'nothing'? Until you take into account the proof of work, energy consumed, man/brain power and resources deployed
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ChartBuddy
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May 21, 2022, 10:04:54 PM |
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Biodom
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May 21, 2022, 10:07:48 PM |
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Lyn Alden says: "Throughout history, people have attempted to create something from nothing." My thought...isn't bitcoin also 'something' from 'nothing'? It absolutely would be if it were not for Proof of Work. What you are describing is the US dollar, or a PoS coin. This is one of the most simple, but badly understood pillars of Bitcoin. And we are not even close to being done with the attacks against PoW. Because not only is it what gives Bitcoin actual value it is also the KEY to taking the power away from the state. Sure, but I was talking merely about a concept.
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