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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3306. (Read 26715982 times)

hero member
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That's the spirit...


"The longer Bitcoin hangs out sub-$20K, the more fiat-funded crypto garbage disappears forever.
Burn it all down - I'll be stacking Sats."

https://twitter.com/stackhodler/status/1542843661523861504?cxt=HHwWgIC-0diIpOkqAAAA

Peter schiff reply to this tweet:

Because #Bitcoin whales succeeded in pumping Bitcoin close to $70K, it's much easier for them to unload more worthless Bitcoin at $20K, as those suckers who are buying think they're getting a bargain. These "bargain" hunters averaging down will eventually be known as bag holders.

Quite interesting
legendary
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https://twitter.com/i/status/1543010557904662528


Funny af, if it does not load when first click to the video, hit retry
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
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icarus-cards.eu
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They made me this way..
full member
Activity: 1400
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They made me this way..
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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Take profit in BTC. Account PnL in BTC. BTC=money.
* death_wish interrupts Buddy’s sad soliloquy.  (Hark, robot!  Forums are not intended for mere monologues!)
legendary
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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 70
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Take profit in BTC. Account PnL in BTC. BTC=money.
Take, for example, your American Revolution.  The majority of the people were either favourable to the government (branded “Loyalists” as if loyalty were evil), or apathetic—the eighteenth-century equivalent of couch potatoes.  Around (IIRC) 30% of the British colonists got upset.  They were whipped into a frenzy, organized, and propagandized by what, from the government’s viewpoint, were traitors and criminals—what would nowadays be called “domestic terrorists”.  History otherwise remembers them, because history books are written by the winners.

Some of the revolutionary leaders were wealthy—for instance, Hancock; a bunch of rich men pledged “our Lives, our Fortunes, and our sacred Honour” to the cause of revolution.  [...]

Speaking of which, I guess it’s good form for me to wish y’all American types of folks a happy July 2.

Independence Day Should Have Been July 2 –July 2, 1776 is the day that the Continental Congress actually voted for independence. John Adams, in his writings, even noted that July 2 would be remembered in the annals of American history and would be marked with fireworks and celebrations. The written Declaration of Independence was dated July 4 but wasn't actually signed until August 2. Fifty-six delegates eventually signed the document, although all were not present on that day in August.

I had bookmarked somewhere a link to an informative page on this topic, with relevant quotes and references to primary sources—especially to Adams.  I cannot locate it at this particular moment.

I will leave as an exercise to the reader the question of whether, if they could see America now, the signers of the American Declaration of Independence would run back to the king screaming, “Please forgive us!  Take us back!  We made a very big mistake!”
legendary
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legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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bitcoin retard

That's the spirit...


"The longer Bitcoin hangs out sub-$20K, the more fiat-funded crypto garbage disappears forever.
Burn it all down - I'll be stacking Sats."

https://twitter.com/stackhodler/status/1542843661523861504?cxt=HHwWgIC-0diIpOkqAAAA
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 70
Merit: 320
Take profit in BTC. Account PnL in BTC. BTC=money.
LTC just got dumped from some exchanges due to the privacy issue.  BTC doesn't have this issue.

If anyone wonders why I quoted Tyler Winklevoss’ vocal support for Zcash when it was hit with a stupid FUD-delisting from Bittrex, or why I point here and in other threads to what Adam Back has said about fungibility:  This is why.

The above-quoted statement is mere FUD, without details.  No time to add details.

We need to get strong privacy in BTC, ASAP.  Those who are thoughtless and shortsighted don’t see how this has been a war of precedents from the start; and they lack any perspective on the big picture, long-term view.

Bitcoin set a bad precedent, just because the needed technology had not yet been developed.  Satoshi himself was interested in ways to make transactions unlinkable and untraceable, but he didn’t know how.  Now, the burden of fixing this problem has fallen on altcoins.

Some excellent precedents have been set for privacy.  Besides privacy coins, I don’t think that any exchange will dare to target Ethereum with a FUD-delisting over Tornado.Cash and Aztec Protocol, which provide much stronger privacy than LTC.  But someday, strong privacy needs to come home to Bitcoin—preferably before BTC fungibility gets so wrecked that it causes irreparable economic damage in Bitcoin.  Lack of fungibility destroys confidence in a currency; that is an old and timeless monetary principle, which BTC defies at its peril.

 That's a bat slap.

  I put as much effort into my reply to ImThour as he put into his analysis of a situation he thought required investigation.  I brought the matter relating the the drop in value of LTC to his attention and I assumed he could take it from there.  The perils of sending your LTC to exchanges are best left to another thread.


No offense, xhomer.  You understand how that came off the wrong way, and I just had to reply accordingly.  This has been a fight ever since Mike Hearn and his canaille spun out propaganda to brainwash people that wrecking BTC fungibility was somehow a good thing.  Ultimately, I do not think the problem can be resolved until we attain what Adam Back said in that video:  Cryptographic indistinguishability and unlinkability.  Trust the maths.


Quoted for truth; note the date on a discussion that we are still having in 2022:

Taint tracking is precisely why we need ZeroCoin or CoinJoin or whatever. Do it now.

I am NOT joking. Bitcoin is useless without fungibility. Tracking taint programmatically or with regulatory intent is a clear attack on Bitcoin in perhaps the only way that it can presently be attempted since theres no way anyone can get mining superiority anymore. The Bitcoin Foundation should be renamed the Fiat Foundation if they aren't going to take this seriously. Besides, the miners aren't going to let anything get changed to track taint anyway, so why would the devs even talk about this.
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