Nice collection of mindrust quotes. Never read them before. Gives a good insight into the "mindrust mindset"...
hey everyone has panic sold something at some point (admit now.. well, except bob with his titanium training) but that was.. well that was some next level shit.
I would like a wall of Mindtrust quotes..uhh.. for prosperity purposes.
Do you think it would be meme worthy enough to make them postable?
This is interesting. This is likely very positive. I do not *think* they would be doing this if they were not bought into the ecosystem philosophically. In other words if Bitcoin is just a precursor to PalCoin that's one thing... and I do not doubt PalCoin is likely.
I think this smells. They have known about Bitcoin and other crypto companies since 2012/2013. They could have bought any number of them then for cheap, and enabled crypto payments a long time ago.
So why now?
The likely culprit is that their profits are falling, and they're looking for another way to lock in users into their payment services platform. And also to scoop 0.5% on every crypto buy/sell. It is all greed driven, that is all. Absolutely nothing altruistic about it.
I CERTAINLY do not think PP's motivations are altruistic in any way.
But this continues to make my point. Bitcoin does not care if you are altruistic or you are bastard. And it will crush you if you stand in it's way. Over and over that has happened. And I expect we will watch companies that try to game it, or own it, or overcome it, or break it be destroyed by it. Possibly PP.
But I would think they can work any greed angle that aligns with the network. Bitcoin does not care.
Also I think altruism can cause us to stand in the way of Bitcoin as well... and it will run over the altruistic just the same as the bastard.
Corporate money is and always be '
in it for the greed'. They don't do it for the sake of bitcoin's good in the world. Trust me on this one!
I CERTAINLY do not think PP's motivations are altruistic in any way.
But this continues to make my point. Bitcoin does not care if you are altruistic or you are bastard. And it will crush you if you stand in it's way. Over and over that has happened. And I expect we will watch companies that try to game it, or own it, or overcome it, or break it be destroyed by it. Possibly PP.
But I would think they can work any greed angle that aligns with the network. Bitcoin does not care.
Also I think altruism can cause us to stand in the way of Bitcoin as well... and it will run over the altruistic just the same as the bastard.
Exactly.
The word "altruistic" is not in Bitcoin's vocabulary. In fact, it only understands 2048 words. The rest is hexadecimals and
base58.
Cool!
The more you know.
hey everyone has panic sold something at some point (admit now.. well, except bob with his titanium training) but that was.. well that was some next level shit.
I still remember the "China bans bitcoin" crash of 2013 like it was yesterday. I was at the airport, watching the chart on my phone. It was all a nonstop sea of red straight down, and within an hour had falling well below my average buy in price. I felt sick, and certainly had many of these same thoughts.
But I hodled on. Refused to panic sell.
Yeah, it's happened to me too. In early January 2017 I had bought some coins around $1100 and then it dumped to under $800 (IIRC). I tried to sell on the way down, but Kraken saved me by not executing the order, due to their server s/w being run on ZX Spectrum 48Ks... Thank you Kraken, you saved me some losses from selling and rebuying.
So yeah, it's not so easy to keep your cool, especially in the early years of HoDLing. Would not do that now though. I feel I know how to handle it now, after years of HoDL hardening...
Seems like Kraken is doing something good.
Posted to their "bitstampie" like trading view to install as an app.
https://bitcointalksearch.org/topic/m.55438634Thanks bitebits!
Mike Novogratz said covid was good for bitcoin? I guess so.
https://twitter.com/APompliano/status/1319626378376056833https://www.youtube.com/watch?v=_PXU0thDHCUHe did say up to $40,000 in the now famous "Bitcoin when moon?" song... so here we go!