Copetech
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June 21, 2022, 04:59:00 PM |
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I know you guys were looking forward to the chocolate river, the candy mushrooms, the candy teacups, the blueberries, the gobstoppers and the levitating fizzy drinks but unfortunately we have new WEF orders. What the fuck is this bullshit, Wanka? Where's the chocolate? Blame him, not me. Hello there, your children will love the cricket factory. Come try some, they are nutritious, good for you and most of all they are free. So what if they taste like dogshit and move around in your mouth. Give them a try, please. Grandpa Joe: Let's get the fuck out of here Charlie, these Canadians have lost their minds listening to that evil bastard. Let's eat some chocolate and do some fartin'. Wanka: Yeah right behind both of you, I'm out of here also. This is BS. Sorry Charlie, the world has turned to shit. That Ain't Food! It's called BAIT! Catch me a mess of Crappie and I'll have food... if I get tired of the eggs and young roos from the coop out back. Of course, I will kinda miss the chocolate...
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ChartBuddy
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June 21, 2022, 05:03:28 PM |
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death_wish
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Take profit in BTC. Account PnL in BTC. BTC=money.
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June 21, 2022, 05:14:36 PM |
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Bro got lyrical r@ped. I don't care what you and JJG think about someone's abilities. Just shut the F up and clean the thread for others to enjoy. Enough of your "WHO WILL POST THE LONGER PARAGRAPHS" competition.
Low IQ Finds TA = Astrology Low IQ finds words = difficult to read. You → https://twitter.com/ (Bite-sized post length limits. Literacy & attention span = unneeded & unwelcome.) Me → Considering pro writing gig. Paid by the word. If yes, soon more BTC than you.
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OutOfMemory
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June 21, 2022, 05:15:26 PM Merited by JayJuanGee (1) |
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I think that Jay and I can probably more or less agree that you have overconfidence in your predictive abilities. (To put the matter “diplomatically”.)
And I think that all of us can more or less agree that you are the mindrust for this season. When Mindrust "mindrusted", he quietly left the WO thread. But this new troll death_wish just never shuts the fuck up, spewing walls of garbage and nonsense. Not all mindrusts are 100% alike, but they share the fate of selling the bottom.
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OutOfMemory
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June 21, 2022, 05:20:43 PM Last edit: June 21, 2022, 05:52:13 PM by OutOfMemory Merited by empowering (3), JayJuanGee (1) |
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flying and hopping candy bars... yummmmmmmmy at least my cats think so Such lame! I attended this festival a good decade ago: https://en.wikipedia.org/wiki/Hokitika_Wildfoods_FestivalMuch yuck! Crickets are like herbs regarding the cuisine of the festival EDIT: So be glad that they aren't growing rotten eggs or lamb testicles to feed the world. Crickets aren't as tasty as mealworms with their peanut-like flavour, though... (don't ask). I haven't un-ignored expHorizon for a while. Has his BTC begging gone up to 4btc instead of 3btc? The poor guy has to make a living, living with his mum, and all.
You mean like me "living" with my hot wife? EDIT2: Bro got lyrical r@ped. I don't care what you and JJG think about someone's abilities. Just shut the F up and clean the thread for others to enjoy. Enough of your "WHO WILL POST THE LONGER PARAGRAPHS" competition.
Low IQ Finds TA = Astrology Low IQ finds words = difficult to read. You're not the only Hi-Q on WO for sure, but the only one bragging. Hi-Q, as some of us here are gifted with, needs according ethics to meet the social responsability which comes with it. Don't you agree?
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AlcoHoDL
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June 21, 2022, 05:54:50 PM Merited by JayJuanGee (1) |
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New Intelligence Report from Kraken: Kraken Intelligence — The Lightning Network: Bitcoin’s Evolution to Medium of ExchangeBitcoin's predictable, disinflationary supply growth rate continues to drive its utility as a store of value. However, technical limitations have constrained its practicality as a widely accepted medium of exchange, especially for smaller transactions.
The Lightning Network, a Layer 2 protocol, is now enabling the use of Bitcoin for instant, cost-efficient payments worldwide.
In Kraken Intelligence’s latest report, The Lightning Network: Bitcoin’s Evolution to Medium of Exchange, the team demystifies the Lightning Network’s technical design while analyzing the current state of the network and its adoption to date.
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ChartBuddy
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June 21, 2022, 06:05:00 PM |
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death_wish
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Take profit in BTC. Account PnL in BTC. BTC=money.
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June 21, 2022, 06:22:36 PM |
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I am the anti-mindrust. Does this sound like mindrust? I didn’t cover my leveraged long and salvage whatever BTC I could at $45k–$47k, primarily due to a psychological inability to dump BTC—and I hate to bet against BTC! It also seemed not improbable to me that we may rocket straight off to $100k, no stops. I did know that de-leveraging was the economically rational choice—I just couldn’t hit the SELL BTC button! At several points in the upper $30ks to upper $40ks, I considered asking a friend to do it for me: “Here is access to my account. Please, I beg of you, recover whatever BTC you can, while I go drink myself into a stupor. Send the proceeds to bc1q..., and keep a stack of sats for your time. I will thank you forever.” I considered that. I just can’t hit that SELL button, unless a liquidator bot is a poised to strike at any moment.
I think that Jay and I can probably more or less agree that you have overconfidence in your predictive abilities. (To put the matter “diplomatically”.)
And I think that all of us can more or less agree that you are the mindrust for this season. When Mindrust "mindrusted", he quietly left the WO thread. But this new troll death_wish just never shuts the fuck up, spewing walls of garbage and nonsense. Not all mindrusts are 100% alike, but they share the fate of selling the bottom. Only someone who treats BTC as “only money” could equate me to mindrust. From a perspective of raw greed, I definitely out-mindrusted mindrust. Although objectively, my short-term financial losses are much worse than mindrust’s, subjectively, our motives and thought processes were diametrically opposed. This is important to me. If I ever were to panic-dump BTC in a crash, I would commit suicide. I mean that seriously, not as a self-deprecating half-joke like my forum name. It would be honour-suicide, not giving up from depression; I don’t get depressed. Now, I lost most of my money. But I can look at myself in the mirror. @death_wish: "deathwish" is a skateboard brand, but if you ever have the chance, change your forum nick to "inner_peace", and i'd also suggest to try to reach the latter, which gives the same result as being dead, but without the rotting and tears of relatives/friends, and you even can live on and enjoy everything and yourself a lot more You don't need to be rich to be happy, yourz knowz? Some things are more important than money. When I was young, I rejected an opportunity to be mentored into a lucrative financial career. Why? I hate the corruption in the financial system. I did not want to be a part of the system. I got into Bitcoin for the same reason. I did not even learn about “number go up” until I already had significant BTC. I often knowingly make economically irrational decisions based on passion for Bitcoin. In the future, I need to do a better job of compensating for this; the cruel irony is that I lost almost all my BTC because I cared too much about it. Investing with emotions. AlcoHoDL gave excellent (albeit futile) advice for me to get 1 BTC, and Jay’s best advice is that I need significant BTC in deep cold storage—a psychological need, not a financial need. As long as I can say that I have never voluntarily mindrusted my BTC, I can live with myself. I am frankly grieving now. In the long term, I will have from this only some scars on my psyche—plus an unfillable hole in my wallet, the absence of some bitcoins I should have had in addition to whatever I make in the future. I can live with myself because I can say proudly, “I’m not mindrust.”
P.S., the fate of selling the bottom.
I didn’t lose my coins at the bottom. After a series of pumps up ~21% up from the bottom, we are still below the price of my last liquidation—which was below 200 WMA. At the bottom, when I saw my ticker flash around $17,600, I panicked over the impending potential of another liquidation—and blindly dumped other good assets when they were crashing, to save my BTC. Got out of debt ASAP. The altcoin scraps that paid off most of my remaining debt, I sold around $43. That coin is now over $61, and rising fast; if I had waited, that could have paid off all my debt with some left over! I would never have sold it so low, if I had not been under extreme pressure to save my BTC. I couldn’t collateralize it; otherwise, I would have risked it as collateral to release my BTC. Had to sell. Oh, the joys of margin accounts... The altcoin that paid off the rest of my debt, I sold at $58 as it was bouncing up from its bottom. That was blind luck, waiting for a deposit to confirm; I was not trying to time the market. It is now $69. The total remaining debt that I needed to cover was around $740 encumbering about 0.0495 BTC. Bitcoin = #1 priority.
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vapourminer
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what is this "brake pedal" you speak of?
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June 21, 2022, 06:29:35 PM |
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doomed, we are https://www.npr.org/2022/06/21/1105815143/cryptocurrency-bitcoin-blockchain-security-tampering-darpa"It's been taken for granted that the blockchain is immutable and decentralized, because the community says so," says Guido.
But in practice, he says, these networks have evolved in ways that concentrate power in the hands of certain people or companies, including the large pools of "miners" whose computers earn virtual currency by maintaining the blockchains.
Guido's team calls these potential situations "unintended centralities" — situations in which someone gains leverage over the decentralized system, creating opportunities for tampering with the record of who owns what. [...]
I don’t know if I’d say we’re doomed as a result of anything from that report. Sure, the number of people running nodes that are vulnerable is concerning, but nothing hard to fix or easily exploitable. I’m sure a majority of the comments were made about alternative blockchains. I didn’t see anything that was an immediate concern for Bitcoin and hope that this report does cause some nodes to be updated and alternative internet access methods prepared in the event of an emergency. thats pretty much my take too. pretty much nothing we didnt already know. my home node does run an old version of core (20.1) but im not a miner and im not online 24/7, just as needed. but guess ill update soon. hopefully the other outdated nodes will too. that doomed part was sarcasm.
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cAPSLOCK
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Whimsical Pants
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June 21, 2022, 06:53:04 PM |
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Is it just me or price looking promising? Yesterday closed a 3 Day doji reversal candle, highest green volume candle in over a year on this time-frame, during a 3 day weekend none the less. On the 1 hr, price has broken out of it's short-term resistance downtrend, is consolidating at previous support (as opposed to getting rejected) and closing candles above the 200 MA. Looks trade-able to the upside again. If this is a V-shaped recovery, then the target would be around $25.5K it seems, another 20% to the upside. Breaking back above the 200WMA would likely lead to such an increase imo. Edit: Price is also currently attempting to leave oversold conditions on the Daily chart, which usually leads to a 10-25% increase to the upside, even if not necessarily marking the lows. It's time to see where this dead cat bounce leads us to I am cautiously optimistic... There are more arguments for a bottom near here than continued downward pressure... but some of the latter are still fairly strong.
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OutOfMemory
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@death_wish: "deathwish" is a skateboard brand, but if you ever have the chance, change your forum nick to "inner_peace", and i'd also suggest to try to reach the latter, which gives the same result as being dead, but without the rotting and tears of relatives/friends, and you even can live on and enjoy everything and yourself a lot more You don't need to be rich to be happy, yourz knowz? Some things are more important than money. When I was young, I rejected an opportunity to be mentored into a lucrative financial career. Why? I hate the corruption in the financial system. I did not want to be a part of the system. I got into Bitcoin for the same reason. I did not even learn about “number go up” until I already had significant BTC. I often knowingly make economically irrational decisions based on passion for Bitcoin. In the future, I need to do a better job of compensating for this; the cruel irony is that I lost almost all my BTC because I cared too much about it. Investing with emotions. AlcoHoDL gave excellent (albeit futile) advice for me to get 1 BTC, and Jay’s best advice is that I need significant BTC in deep cold storage—a psychological need, not a financial need. Some worthy ethics there? I guess so. I hope they didn't vanish over time. You know, one of the main reasons why mindrust pulled out was greed. He aimed at some high amount of $ per BTC, he said he would never sell below that. When he was about x10 from his entry price he feared to lose more, so he sold everything but 1 BTC (IIRC, which i often doubt, hence my meaningful nickname). This sets you apart from mindrust, though, only if the (true) motivation for your leveraged long position wasn't greed. Some derivatives and tools of the financial markets are tempting because powerful if used successfully, but i think Satoshi was very much against them, as parts of the system, so he propagated HODL. This is what you should have done, but it's hard to do follow advice if you only trust in your own judgement. In reality, we are so weak and full of error... Good luck and act accordingly
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ChartBuddy
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June 21, 2022, 07:04:54 PM |
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Richy_T
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June 21, 2022, 07:11:49 PM |
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You guys should buy some XRP. Not much, maybe a few hundred or a few thousand. You will need it if you want to travel. I have some XRP somewhere. If I ever remember the username and password and if the online wallet hadn't been taken down. And if I actually gave a damn. ETH did a similar thing. But that was with ETH I bought. Though I had the username and password for that and was able to use a version of the wallet stored on archive.org. Then there's bitcoin which had a personal wallet available from day 1. Clear winner.
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goldkingcoiner
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June 21, 2022, 07:12:27 PM |
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OT: Oh look, another WEF conspiracy theory becomes reality.
People already eat snails and sea "bugs" like shrimp. They eat filter feeders like crayfish and mussels, which feed on the dirtiest, nastiest shit ever. Are land bugs that much worse though?
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Hueristic
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June 21, 2022, 07:26:17 PM |
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... You know, one of the main reasons why mindrust pulled out was greed. He aimed at some high amount of $ per BTC, he said he would never sell below that. When he was about x10 from his entry price he feared to lose more, so he sold everything but 1 BTC (IIRC, which i often doubt, hence my meaningful nickname). This sets you apart from mindrust, though, only if the (true) motivation for your leveraged long position wasn't greed. Some derivatives and tools of the financial markets are tempting because powerful if used successfully, but i think Satoshi was very much against them, as parts of the system, so he propagated HODL. This is what you should have done, but it's hard to do follow advice if you only trust in your own judgement. In reality, we are so weak and full of error... Good luck and act accordingly I agree, mindrust's goal was always to increase his fiat stash and that is the trap he fell into. He fell for the astrology of Masterluc and thought he could rebuy at $1500 IIRC. He over exposed himself with his buy gamble (effective long) and was terrified of losing fiat value. He forgot 1 BTC = 1 BTC and for that he will always be a cautioning tale.
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Hueristic
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Doomed to see the future and unable to prevent it
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June 21, 2022, 07:29:30 PM |
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OT: Oh look, another WEF conspiracy theory becomes reality.
People already eat snails and sea "bugs" like shrimp. They eat filter feeders like crayfish and mussels, which feed on the dirtiest, nastiest shit ever. Are land bugs that much worse though? The problem is that the food industry has an allowed "earthen" percentage for shit like cockroaches and rats and now that they are allowed a certain amount they have decided to use that for profits rather than the tolerance that was gifted to them.
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Biodom
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June 21, 2022, 07:50:30 PM |
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... You know, one of the main reasons why mindrust pulled out was greed. He aimed at some high amount of $ per BTC, he said he would never sell below that. When he was about x10 from his entry price he feared to lose more, so he sold everything but 1 BTC (IIRC, which i often doubt, hence my meaningful nickname). This sets you apart from mindrust, though, only if the (true) motivation for your leveraged long position wasn't greed. Some derivatives and tools of the financial markets are tempting because powerful if used successfully, but i think Satoshi was very much against them, as parts of the system, so he propagated HODL. This is what you should have done, but it's hard to do follow advice if you only trust in your own judgement. In reality, we are so weak and full of error... Good luck and act accordingly I agree, mindrust's goal was always to increase his fiat stash and that is the trap he fell into. He fell for the astrology of Masterluc and thought he could rebuy at $1500 IIRC. He over exposed himself with his buy gamble (effective long) and was terrified of losing fiat value. He forgot 1 BTC = 1 BTC and for that he will always be a cautioning tale. I agree. Additionally, having some of your stash on exchanges during stress can cause an ''itchy fingers" phenomenon. It happened to me in 2017, but I sold a small fraction (was listening to Vinny Lingham too much) during the fork debacle.
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PokestarFan
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June 21, 2022, 07:50:50 PM |
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How is this relevant to the thread at all?
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Biodom
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June 21, 2022, 07:53:14 PM |
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How is this relevant to the thread at all? more than endless bloviation from certain individuals (or entities).
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