Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12007. (Read 26710286 times)

admins in bitfinex telegram - the matching engine is down, funds are safu
on proof of key day
coincidence
nothing to see

admins in bitfinex telegram - the matching engine is down, funds are safu
on proof of key day
coincidence
nothing to see

admins in bitfinex telegram - the matching engine is down, funds are safu
on proof of key day
coincidence
nothing to see

BTC better pump on its anniversary .... common, give us Some green

Hey VB, congrats on your 100+ merits and getting your hat exactly at the 10th Bitcoin anniversary!

Here’s the thing.  If you keep pumping a shitcoin run by a money launderer and a con man, but you won’t even commit to that shitcoin, then you will justifiably be called out as a hypocrite and shill each time you raise the issue. 

Holding money in fiat can lead to severe losses of money long-term in the presence of inflation. At 2.5 percent per year, which is the average CPI, $100,000 stored in a bank account would be worth only $77,600 after 10 years. If the Chapwood Index is accurate and real inflation is around 10 percent, then that $100,000 in the bank would be worth $34,900 after 10 years.

These devastating long-term losses make saving money in fiat impossible, forcing people to work for the rest of their lives. Also saving money for a house would be practically impossible, forcing people to pay rent for the rest of their lives, which is much more costly than a mortgage.

To add insult to injury, CPI-based pay raises will lead to workers getting less and less purchasing power each year. This makes a perfect storm where people essentially become slaves and have no hope of making anything but the absolute minimum to survive if that. This inflation situation destroys the American Dream.

Holding money in Bitcoin instead of fiat in the bank may be a better choice, since it could give people the ability to buy houses and eventually retire, versus losing all of their savings from inflation and working like a slave while living in increasing poverty due to wages not keeping up with inflation. In Venezuela, hyperinflation has already become a harsh reality, and people are choosing cryptocurrency over fiat to protect the value of their money.

I can not attach it to my profile, activity 98..., at the moment, I'm going to buy a frame, I'll hang it in my office.

Thanks xhomerx10, is perfect, design, texture, background, beautiful, proud of this hat.

I think "Proof of Keys" is an unnecessary burden to the Bitcoin & exchange networks... I don't like the idea of shooting myself in the foot. I understand the idea of not letting exchanges use our coins in a fractional reserve setting, but I don't think it will make a difference for just one day... If they want to do it, they will, since they will always have some of our coins in their wallets. The good qualities of Bitcoin (decentralized, distributed, immutable, fungible, borderless, permissionless, rare, capped, non-inflationary), as compared to fiat, are guaranteed by its design, not by what exchanges do or don't do.

Why not do the opposite: withdraw all of our fiat from the banks! That would put a stress to their network...

I doubt proof of keys will come to anything. Anyone who cares already keeps their BTC off-exchange. And very few will pass up trading opportunities to move their funds to their own control anyway - assuming they even know how.

Red flag!

HitBTC freezes customers accounts ahead of Proof of Keys Event...

https://www.ccn.com/bitcoin-exchange-hitbtc-freezes-customers-accounts-ahead-of-proof-of-keys-event/

Instead of Chartbuddy bumping it every hour, is engaging It the new sign of thread deadness?

It's just as mechanical and uncreative.

By the way, I'm from Greece, I've been through Capital Controls