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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11550. (Read 26586232 times)

sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
Bitcoin is becoming increasingly decentralized. Compare how the situation has changed in less than five years with the distribution of hashrate among mining pools.
We are going in the right direction! Cheesy



This is bullshit though because you have no way of knowing if the same person owns multiple pools or not, or if a cartel of different actors all colludes together even if they aren't the same people.  Just like the current banking system for instance.  People that have studied the topography of the traditional banking network claim there's not multiple banks but just a "one bank".  So the traditional banking system already does this obfuscation, which designed to centralize bitcoin will inevitably do as well.  

This is one reason bitcoin DOES NOT solve the Byzantine generals problem.  You can theoretically have 10 different shell pools all owned by one guy or cartel and be under 51% attack 24/7 with nobody able to verify if it's true or not. The burden of proof isn't for others to prove bitcoin is centralized, it's for bitcoin to be able to prove it's not, but it has no possible way to do so.  Just the act of double spends not occurring proves nothing.  It can still be a monopoly the entire time.  Centralized transaction validators having the ability to blacklist transactions (permissioned ledger) is just as big of a problem as double spends anyway.
jr. member
Activity: 51
Merit: 4
Sometimes I think how difficult to use Bitcoin for newcomers and it could be a barrier to mass adoption. I'm alright now:

sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
Wait, twitter jack jack?

There's a pretty big divergence in the money changer powers going on.  You have Twitter fucktard, Marxist Jew servant Jack Dorsey telling people bitcoin is the greatest thing ever, while Alex Jones said today (2/6/19) that bitcoin "is a scam".  Alex Jones used to have a lot of truth on his show, but has since reduced the truth levels significantly and now tells blatant lies like "the Chinese run the media and Hollywood".  No, Alex Jones, the Chinese do not run the media and Hollywood.

It's pretty obvious to any non-retard that both Dorsey and Alex Jones are constantly shilling and covering up for Jews 24/7, yet each one is taking a completely opposing stance on bitcoin now.  My personal theory about Jack Dorsey would be that he has more technical knowledge than Alex Jones and the reason Jack Dorsey is hyping mostly Lightning Network and not even bitcoin is that he knows the Lightning Network will be just like I said - a permissioned ledger recreation of the already existing banking system on the blockchain.

So assuming these fucktards can force Lightning Network on people somehow, it's essentially the already existing banking system while accomplishing their eternal goal of removing the human right of physical cash.  There is no winning with digital shitcoins; they will all be transformed towards evil goals like this resembling the Chinese social credit score system.  The only logical move is to boycott all of them and use physical metals instead.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"

You got to know when to take the profit/loss.

I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

If I was a tourist like you I'd have sold my bitcoins at $500 like Mike Hearn did. Tourists come and go. We live here. For us bitcoin is something much more than just money! And bitcoin is rewarding us since 2009.

You'll take your profit at $5000 and when bitcoin gets beyond $50000 from cryptotourist you'll become cryptohater like so many people before you during the last 10 years! Just because they thought they knew when to take the profit/loss.

You speak a decent amount of truth here, becoin.  Long term BTC hodlers are likely not going to need to worry about exactly when they take their profits or cash out a certain amount of BTC to pay some fiat expenses, because the reason has been that they mostly HODL through the UPs and the DOWNs, and when looking back at the long term, they have accumulated way more value by NOT attempting to time UPs and DOWNs, even while accumulating more and more BTC through the whole time.

Sure, could have had more BTC to sell more at higher prices, yet does not really matter too much because higher priority goes to buying on a regular basis and especially dips.   

TLDR:  No need to either be playing around with alts nor selling large amounts of bitcoin... and you as long as you are accumulating BTC, you are likely to do quite well, financially.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
4 main metrics to look at imo: Ethnicity (white of whatever variety), language (something civilized (english)), culture (NO WELFARE), and taxation on bitcoin.

Looking into it myself, but at the end of the day the only way to know for sure if a given country works is to go there and live for a while.

As a US citizen, my only real options to reduce Bitcoin tax burden would be to ditch my citizenship or move to Puerto Rico. However, as jbreher mentioned, now would be the time to move to PR, while we're in the depths of a bear market.

I'd like to move out of the US, at least temporarily, just for the experience. But I have a baby now, which complicated things further.
Bring your anchor baby with you. That's what the anchor fucking means.

Huh
What? Babies go where the parents go.

Yes. But at least 'round these parts, the term anchor baby refers to a kid born to an illegal alien upon US soil. Such an event entitles the baby to automatic US Citizenship status. This provides a tie for the rest of the family to argue for US legal resident status. Thereby, 'anchor'.

Such a term is clearly inapplicable to infofront's current situation with an already-born child. Nevermind the fact that it seems likely infofront is already US-ian.

Of course, my understanding of the term 'anchor baby' may be predicated on regional dialect. Yours may differ?
jr. member
Activity: 527
Merit: 6
With the political situation and the following statistic, americans and french are losing raison. Undecided
https://www.similarweb.com/website/kraken.com#overview
hero member
Activity: 1190
Merit: 755
Homo Sapiens Bitcoinerthalensis

You got to know when to take the profit/loss.

I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

If I was a tourist like you I'd have sold my bitcoins at $500 like Mike Hearn did. Tourists come and go. We live here. For us bitcoin is something much more than just money! And bitcoin is rewarding us since 2009.

You'll take your profit at $5000 and when bitcoin gets beyond $50000 from cryptotourist you'll become cryptohater like so many people before you during the last 10 years! Just because they thought they knew when to take the profit/loss.

I feel you, it's easy for you to judge & say that, but you don't really know me mate, so no.
It is very clear in my mind, when it comes to BTC when to sell what.
The selling points are already fixed. Maybe you freaked out when I wrote that I shorted the BTC I got from my shitcoins. Only.

When I introduced myself, I mentioned that I mined BTC & LTC back in 2013-2014.
I didn't loose any money then, nor did I make any. I eventually did loose all those coins, but never sold them.

Also I didn't believe so much in BTC at that time.
Came back mid 2017. That's were the tourist comes from. From the past, not from the future. Wink

I'm not going to try to convince you that I'm going nowhere.
You can have your opinion, and I can have mine, only time will tell who was right.

Quote
I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

Don't really understand that. Me too?
I hope you shorted some BTC in Dec 2017. Otherwise it all makes sense. Roll Eyes
legendary
Activity: 3431
Merit: 1233

You got to know when to take the profit/loss.

I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

If I was a tourist like you I'd have sold my bitcoins at $500 like Mike Hearn did. Tourists come and go. We live here. For us bitcoin is something much more than just money! And bitcoin is rewarding us since 2009.

You'll take your profit at $5000 and when bitcoin gets beyond $50000 from cryptotourist you'll become cryptohater like so many people before you during the last 10 years! Just because they thought they knew when to take the profit/loss.

 
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
micgoossens, you flipping burgers at mickey d's now?

bear markets sure are rough..... Tongue
Congrats on the new job, micgoosy! Grin

yeah, taking r0ach's advice, he's a smart man after all Roll Eyes
So when you landing that orange lambo to drive to your new job? *searches for that pic posted a few weeks back of your ride*
If they offered me a lambo I would work there too. Wink

Found it!  Grin My mistake. It was LFCbitcoins ride. Cheesy

Just filling out a job application for my local McDonalds, getting ready for being poor seems a good idea right now Wink




can't do that man that's not nice Roll Eyes

Actually you would get a car if you work at McDonalds. Grin
Just not as a nice one that LFC has. Cheesy
https://www.ajc.com/news/mcdonald-employee-gets-free-car-from-kansas-businessman/HliHsqXrqtAkuaahNwFWbL/

Atleast his matches the restaurants logo.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Even more intrigue about the quadrigacx conspiracy theories. Undecided
https://www.youtube.com/watch?v=tiy1K6-mf4s
From this other thread about it
https://bitcointalksearch.org/topic/m.49618855
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
^
Even in that age with the body he carried... its amazing, bring me another man as succesfull as Arnold in that many different skills/area’s
Whatever he ain’t not listening to NAYSAYERS .....
legendary
Activity: 2772
Merit: 2846
legendary
Activity: 2268
Merit: 1278
4 main metrics to look at imo: Ethnicity (white of whatever variety), language (something civilized (english)), culture (NO WELFARE), and taxation on bitcoin.

Looking into it myself, but at the end of the day the only way to know for sure if a given country works is to go there and live for a while.

As a US citizen, my only real options to reduce Bitcoin tax burden would be to ditch my citizenship or move to Puerto Rico. However, as jbreher mentioned, now would be the time to move to PR, while we're in the depths of a bear market.

I'd like to move out of the US, at least temporarily, just for the experience. But I have a baby now, which complicated things further.
Bring your anchor baby with you. That's what the anchor fucking means.

Huh
What? Babies go where the parents go.
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
When we were reaching 400 usd in 2014... and we have to deal with daily NotLambChop coyote gifs.. i dreamt of 3200 usd.. so unreachable!

Now that we went to the moon and back, i can only dream of next trip.. will it be to 120k, with stops at 40k..60k?.. time will tell.

Good things come to those who wait.. (i hope we dont starve in the meantime)  Grin



I remember those times brother. He was a professional troll, mocking us every day. Posting old guys sucking each others dicks etc. He/she was annoying AF.

I think the high of the next cycle will shock us all. I need to be prepared to sell some tgis time to achieve my life goals though. I still haven’t worked out at what figure I’m happy to sell some yet though Cheesy

I've been thinking the same thing recently. But how one can be happy to sell some significant chunk and see in several years a 100x increase? This will be more devastating than going through the bearish 2018. Those who sell now are the worst losers. They either believe they will rebuy it cheaper (is it worth to risk for another 10-20%?!?) or completely lost the faith that Bitcoin will recover to 6K for starters. Trolls are laughing at us when we speak of reaching again the ATH, but it can and it will happen again! It is possible, although not looking realistic today, that in 2 years even the 100K party dreamers to be schocked when Bitcoin reaches 200K. For me the worst Bitcoin can do is to reach the 20K after 2 years. It looks more probable from today's perspective, but who knows what will happen in reality?!? I don't want to be left behind by selling before 20K. It will be a real struggle, but if I don't need money, it will be better to wait even with the risk of seeing another crash.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.


gonna stay away for the day Roll Eyes

legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
micgoossens, you flipping burgers at mickey d's now?

bear markets sure are rough..... Tongue

not yet but close to going, first gonna keep trying my luck with the poker game.... tomorrow having a game so better be lucky and having a good sleep, but still we always play in and for precious BTC, so it better stays alive and well Wink
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
micgoossens, you flipping burgers at mickey d's now?

bear markets sure are rough..... Tongue
Congrats on the new job, micgoosy! Grin

yeah, taking r0ach's advice, he's a smart man after all Roll Eyes
So when you landing that orange lambo to drive to your new job? *searches for that pic posted a few weeks back of your ride*
If they offered me a lambo I would work there too. Wink
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