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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11525. (Read 26586524 times)

sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
Not your keys not your Bitcoin  Roll Eyes

It's never your bitcoin even if you do have the key.  It's not possible to take possession of a bitcoin.  Just like cloud computing, your shitcoin resides in the virtual cloud and you have to pay a ransom fee and ask permission to a transaction validator if he will allow you to do anything with it.  The fact coins are non-fungible, transaction validators are designed to centralize, and transaction validators have the ability to blacklist funds, means the system is nothing but a permissioned ledger, Orwellian piece of garbage similar to the Chinese social credit score system.

This is why the kikes in congress said they will attempt to ban any 'anonymous' craptocurrency.  They know non-fungible coins always lead to their dystopian slave coin goal while fungible ones are just like deleting AML/KYC.  Fungible coins will still be a dystopia anyway, just not as big of one.  It will still centralize into a tiny amount of mining pools the bankers/govt will take control of and take a cut out of every transaction to make themselves permanently richer than everyone else.  It's no different than collecting a steady stream of interest.

Quote
Is it illegal to hold gold bullion?
Yes, in this country, from 1933 to 1974 it was illegal for U.S. citizens to own gold in the form of gold bullion, without a special license. On January 1, 1975, these restrictions were lifted and gold can now be freely held in the U. S. without any licensing or restrictions of any kind.

So, what's the problem that they ban owning gold again? Yeah, that might ban owning cryptocurrencies too, but which is easier to find? Gold in physical form or cryptos?

Quote
Can the government seize gold?
Gold Confiscation. ... Under current federal law, gold bullion can be confiscated by the federal government in times of national crisis. As collectibles, rare coins do not fall within the provisions permitting confiscation. No federal law or Treasury department regulation supports these contentions.

So, what's the problem that they confiscate your gold?

Quote
Did Roosevelt confiscated all gold?
Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States".

What's the problem for that to happen again?


The problem in the modern world today at least for me is how to protect your assets from the thieves called Government. For me, the most important thing is which asset in the world is hardest to track and seize. Years ago when I was younger I was a fan of Bitcoin because I could not truly understand that the technology behind it does not make it truly anonymous and that some of the reasons stated by you are valid. Now I'm a fan of Monero for the reasons stated above.

It is almost obligatory to have a certain percent of Monero.
newbie
Activity: 22
Merit: 1
Not your keys not your Bitcoin  Roll Eyes

It's never your bitcoin even if you do have the key.  It's not possible to take possession of a bitcoin.  Just like cloud computing, your shitcoin resides in the virtual cloud and you have to pay a ransom fee and ask permission to a transaction validator if he will allow you to do anything with it.  The fact coins are non-fungible, transaction validators are designed to centralize, and transaction validators have the ability to blacklist funds, means the system is nothing but a permissioned ledger, Orwellian piece of garbage similar to the Chinese social credit score system.

This is why the kikes in congress said they will attempt to ban any 'anonymous' craptocurrency.  They know non-fungible coins always lead to their dystopian slave coin goal while fungible ones are just like deleting AML/KYC.  Fungible coins will still be a dystopia anyway, just not as big of one.  It will still centralize into a tiny amount of mining pools the bankers/govt will take control of and take a cut out of every transaction to make themselves permanently richer than everyone else.  It's no different than collecting a steady stream of interest.

Quote
Is it illegal to hold gold bullion?
Yes, in this country, from 1933 to 1974 it was illegal for U.S. citizens to own gold in the form of gold bullion, without a special license. On January 1, 1975, these restrictions were lifted and gold can now be freely held in the U. S. without any licensing or restrictions of any kind.

So, what's the problem that they ban owning gold again? Yeah, that might ban owning cryptocurrencies too, but which is easier to find? Gold in physical form or cryptos?

Quote
Can the government seize gold?
Gold Confiscation. ... Under current federal law, gold bullion can be confiscated by the federal government in times of national crisis. As collectibles, rare coins do not fall within the provisions permitting confiscation. No federal law or Treasury department regulation supports these contentions.

So, what's the problem that they confiscate your gold?

Quote
Did Roosevelt confiscated all gold?
Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States".

What's the problem for that to happen again?


The problem in the modern world today at least for me is how to protect your assets from the thieves called Government. For me, the most important thing is which asset in the world is hardest to track and seize. Years ago when I was younger I was a fan of Bitcoin because I could not truly understand that the technology behind it does not make it truly anonymous and that some of the reasons stated by you are valid. Now I'm a fan of Monero for the reasons stated above.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
you got this Mic

I gotta sleep

yeah its my hour of the day
rest well jojo

*just tell us where was you wasted on?*

join me in you're morning getting wasted with me Cheesy
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
you got this Mic

I gotta sleep
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
The maximum success is reached when you are never busy.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.


good morning WO's



looking to join this fellow this evening.... weekendPUMP

modest green bars.
where the fuck alcohol add!!
white russian perhaps?


DAMN DO I LIKE MY COFFEE IN THE MORNING

right in front going to Mcdo's for work pfffff not looking forward for me day there, after its a small massage and dinner to forget my burger flipping and reaching my number to sell them damn burgers STRESS

i'm gonna take some advice perhaps of selling stuff as a sales man "being suggested last evening" (THX for some nice thoughts about me)
or maybe I just wait till BoB come and gets me out this burger sh*t house to work on one of his project (it seems i wpuld be a good sales man BoB)
hero member
Activity: 1190
Merit: 755
Homo Sapiens Bitcoinerthalensis
It's never your bitcoin even if you do have the key.  <...>

sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
Bitfinex down

*Translation:  Us raging faggot criminals at Bitfinex have once again pulled the plug on the exchange because we're trying to artificially rig the market upwards but people took out longs so we would lose money and hope we can implode the longs by turning off the power.  If this tactic fails to work, we will then claim to be hacked and just steal your money anyway.
legendary
Activity: 938
Merit: 2540
<>
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
Not your keys not your Bitcoin  Roll Eyes

It's never your bitcoin even if you do have the key.  It's not possible to take possession of a bitcoin.  Just like cloud computing, your shitcoin resides in the virtual cloud and you have to pay a ransom fee and ask permission to a transaction validator if he will allow you to do anything with it.  The fact coins are non-fungible, transaction validators are designed to centralize, and transaction validators have the ability to blacklist funds, means the system is nothing but a permissioned ledger, Orwellian piece of garbage similar to the Chinese social credit score system.

This is why the kikes in congress said they will attempt to ban any 'anonymous' craptocurrency.  They know non-fungible coins always lead to their dystopian slave coin goal while fungible ones are just like deleting AML/KYC.  Fungible coins will still be a dystopia anyway, just not as big of one.  It will still centralize into a tiny amount of mining pools the bankers/govt will take control of and take a cut out of every transaction to make themselves permanently richer than everyone else.  It's no different than collecting a steady stream of interest.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
legendary
Activity: 938
Merit: 2540
<>
^^
Of course, I did not say it because of your comment, it was because of Bitfinex. Cool
sr. member
Activity: 868
Merit: 255
Dildo-y.

Morning WO's.

I'm going to have to speculate that we going to ~4k this weekend/before Monday. Grin

If technical analysis worked as well as in other markets, I would assume that we will get at least $ 4200



But this market is more fundamental, the news, and technology is weak.
hero member
Activity: 1190
Merit: 755
Homo Sapiens Bitcoinerthalensis
Not your keys not your Bitcoin  Roll Eyes

I was referring only when trading.
Other than that, I don't mind any transaction fees on a daily basis.
Better safe than sorry.
legendary
Activity: 3276
Merit: 2442
This snapshot is from February 2015 when Btc was $230. Only 64.000 people had more than $10k in bitcoin. These people are what Trace Mayer calls "hodlers of the last resort" probably.


---------------------------

333k people have more than $10k in Bitcoin. Source x6 more Hodlers of the last resort.

This is what we have now after 10 years since bitcoin went live.

There is a progress obviously but this also tells me we are still in the early days of bitcoin. When things like BAKKT, ETF gets approved, when it is possible to tip with LN on the platforms like Twitter (Jack is a Bitcoin Maximalist, lucky for us), think about the possibilities. Now combine these with the halvening which'll happen in ~470 days.

$100k might look like a conservative guess then.

legendary
Activity: 938
Merit: 2540
<>
Not your keys not your Bitcoin  Roll Eyes
hero member
Activity: 1190
Merit: 755
Homo Sapiens Bitcoinerthalensis
https://i.imgur.com/q41Ksyj.png

As always, when there is a movement nearby, shorts or longs ...

https://twitter.com/bitfinex/status/1094152250967113728

The shitiest of them all imho.
Rather deal with Craptopia or something.
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
legendary
Activity: 938
Merit: 2540
<>


As always, when there is a movement nearby, shorts or longs ...

https://twitter.com/bitfinex/status/1094152250967113728
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