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non-international transfers have been free for like 15 years here, btc had nothing to do with itquote:"I'm waiting for the day that one of these regulators comes down hard on bitcoin. Grown men are going to weep when that happens. You'll never see a loss of capital like that ever in your life. It will be brutal," he said. Kevin O'Leary doesn't have actual power to dictate canadian fiscal policy but this is about where canada stands on it and has stood on it and was correct in doing so resulting in us getting to laugh at all the Quadriga morons getting their bits coin stolen Ad by Khad fucked around with this message at 18:13 on Dec 28, 2020 |
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Dec 28, 2020 18:11
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divabot posted:that's a terrible lying nocoiner lie and you should be ashamed of yourself !!
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Dec 28, 2020 19:24
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Flawless Victory posted:Nah, I'm saying they had some weight back in the summer of 2015, after mt gox crashed btc from $1,100 down to ~$160 and I was hodling at a loss for a few months (I went all in at $255). These days your arguments are a sad joke. You lost this battle a long time ago, you just lack the self-awareness to realize it and/or the humility to accept your utter, total defeat.
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Dec 28, 2020 19:41
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The cp issue is one of the big things that breaks btc. With normal money that exists, each dollar is its own object and you don't inherit the legacy of everything that dollar has been used for. A dollar is just a dollar. Btc has child porn in its history and in order to use it you have to be okay with that.
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Dec 28, 2020 19:42
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Splicer posted:What do you think my arguments are and when do you think they will be/were refuted?
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Dec 28, 2020 19:53
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Somfin posted:The cp issue is one of the big things that breaks btc. With normal money that exists, each dollar is its own object and you don't inherit the legacy of everything that dollar has been used for. A dollar is just a dollar. not only do you have to be ok with btc's bad uses in the past, you have to be ok with btc's bad uses in the future, since no one involved in bitcoin has done anything/will do anything to stop this. the only reason btc is used less often for bad purchases now than before is because of a competing altcoin stealing the spotlight. what happens when a competing altcoin/something else steals the spotlight for btc's other purposes? bitcoin becomes myspace Ad by Khad fucked around with this message at 22:01 on Dec 28, 2020 |
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Dec 28, 2020 21:53
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Have any of you fools considered that bitcoin is worth more money today? Also China Railway Group Limited (CRWOF) is currently up eleven thousand percent today. Other things are up only some percent. But China Railway Group Limited is up more percent. That means whatever it is will revolutionize the world and being worth more money proves it is better than everything else. Amazon is only up 3.5% today. China Railway Group Limited is up 3000 times more better. Rectal Death Adept fucked around with this message at 22:11 on Dec 28, 2020 |
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Dec 28, 2020 22:07
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Ad by Khad posted:not only do you have to be ok with btc's bad uses in the past, you have to be ok with btc's bad uses in the future, since no one involved in bitcoin has done anything/will do anything to stop this. the only reason btc is used less often for bad purchases now than before is because of a competing altcoin stealing the spotlight.
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Dec 28, 2020 22:20
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Gobbeldygook posted:I don't think there will be another Bitcoin. Bitcoin will be the first and final Bitcoin. You can design cryptocurrencies that are better in various ways (e.g. the greatest joke about Dogecoin is that it's not a joke and is better than Bitcoin), but they're not going to replace Bitcoin. Bitcoin will be the subject of endless pump and dump schemes, drawing in the zaurg's and CNBC's of the world again before inevitably crashing once more, over and over like a Hindu parable. Decades from now libertarians will still be penning screeds about how they're going to use Bitcoin on their seastead and one day the rest of us will bow and scrape before them when our FIAT money system collapses exactly as they prophesied, just you wait. Counter-argument: e-gold.
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Dec 28, 2020 22:32
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Gobbeldygook posted:I don't think there will be another Bitcoin. Bitcoin will be the first and final Bitcoin. You can design cryptocurrencies that are better in various ways (e.g. the greatest joke about Dogecoin is that it's not a joke and is better than Bitcoin), but they're not going to replace Bitcoin. Bitcoin will be the subject of endless pump and dump schemes, drawing in the zaurg's and CNBC's of the world again before inevitably crashing once more, over and over like a Hindu parable. Decades from now libertarians will still be penning screeds about how they're going to use Bitcoin on their seastead and one day the rest of us will bow and scrape before them when our FIAT money system collapses exactly as they prophesied, just you wait. This will definitely be true unless there is actually a use case for any cryptocurrency at some point. Bitcoin is propped up by nothing but name recognition in a market of thousands of useless cryptocurrencies. It was the first, and it is "The Cryptocurrency." Anyone looking to get into cryptocurrency hears "Bitcoin" first and foremost. It's name has become synonymous with cryptocurrency. That's why it doesn't matter that almost every coin made after Bitcoin is objectively better at everything it tries to do. If somehow, at some point, Shitcoin X (SHTX) magically is useful and actually has a point to where people are trading it for a purpose then bitcoin would be immediately irrelevant and the cryptocurrency "market" would be dominated by whatever people were actually trading. Then SHTX would be "The Cryptocurrency" and bitcoin would be a dwindling forgotten relic traded by idiot true believers that can't handle the fact their currency was never actually worth anything other than the brand it carried. Seriously. If a real company or bank ever created their own crypto bitcoin would be over with. Despite the pedophiles and internet intellectuals that think they would just adopt Bitcoin for some reason. Amazon would just make BezoBucks that you can earn by using amazon devices and spend on their services. They aren't going to put up with their customers waiting days for a $50 transaction to maybe go through on the pedophile's currency of choice they have no control over.
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Dec 28, 2020 22:38
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John_A_Tallon posted:Counter-argument: e-gold.
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Dec 28, 2020 22:41
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Rectal Death Adept posted:Seriously. If a real company or bank ever created their own crypto bitcoin would be over with. Despite the pedophiles and internet intellectuals that think they would just adopt Bitcoin for some reason. Amazon would just make BezoBucks that you can earn by using amazon devices and spend on their services. They aren't going to put up with their customers waiting days for a $50 transaction to maybe go through on the pedophile's currency of choice they have no control over. Facebook wants to do this, but their first attempt was done in a really horribly stupid way and regulators were like "lol no" It's not a maybe that some sort of digital money will become popular, but it's not going to be bitcoin for many reasons, the biggest of which is Satoshi can come back at any moment and annihilate the market into dust by selling a million+ btc in one shot. As the years have gone by, the number of people who could "annihilate the market into dust" has grown larger and larger, and there are now dozens of people who could dump five digits literally this second if they wanted. They won't because it will destroy the confidence scam, but that's no way for a currency to operate. If you wanted to compare it to actual forex trading, imagine Jeff Bezos turns on his laptop and decides to instantly sell 400 trillion USD. This is what Satoshi is able to do to bitcoin, right now. He is not the only one who can gently caress the system to death in an instant in this way. edit: there were a few big hodlers that did threaten to do this back when they were fighting over fork drama, I know Roger Ver and Jihan Wu were two, but ultimately they did not. Roger Ver being a coward comes as a surprise to no one Ad by Khad fucked around with this message at 23:26 on Dec 28, 2020 |
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Dec 28, 2020 23:17
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Just a reminder kids, it's almost time for the Dickening! http://dickening.com/ https://twitter.com/officialmcafee/status/935900326007328768 Tick tick, Mcafee. 
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Dec 29, 2020 14:25
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2nice09.00
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Dec 29, 2020 14:36
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wont somebody think of the banks
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Dec 29, 2020 14:53
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Liquid Communism posted:Just a reminder kids, it's almost time for the Dickening! clearly he's talking about market cap, so obviously he won't have to eat his own dick. or he'll make some home made spotted dick, whatever the hell that is
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Dec 29, 2020 14:53
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I think he said something about him not meaning that he himself would eat his dick. If course he meant he would have a hooker "eat" his dick.
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Dec 29, 2020 14:57
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Either way he's in jail in Spain awaiting extradition on tax evasion charges, so...
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Dec 29, 2020 15:39
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Liquid Communism posted:Either way he's in jail in Spain awaiting extradition on tax evasion charges, so... His dick is in the same jail, so it shouldn't be a problem
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Dec 29, 2020 16:15
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Unfortunately, the official bet was on biRcoin hitting one million, not bitcoin. He just has to name a limited company Bircoin and give it one million in assets
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Dec 29, 2020 16:32
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Didn't McAfee already make the same bet and then go "lol no didn't count because  " like 3 years ago?
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Dec 29, 2020 17:05
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Where has this massive influx of $$ into BTC come from in the last month? Wall Street? Tether? It can't be normal people because normal people don't have tons of $ to throw in the garbage on a gamble right now.
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Dec 29, 2020 21:34
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There are a few scummo capitalist firms like SkyBridge using the crazy euphoria in the markets rn to try to fleece retail investors into getting into btc the same way they try to fleece anyone into buying any finance product they can. Bitcoin is basically being treated like a techbro stock Scaramucci in particular has been using his position at CNN to make a lot of noise about btc, he founded SkyBridge, it's kind of identical to how Ron Paul would argue for the gold standard because he was heavily invested in gold
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Dec 29, 2020 21:49
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Waltzing Along posted:Where has this massive influx of $$ into BTC come from in the last month? Wall Street? Tether? Tether
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Dec 29, 2020 21:50
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Waltzing Along posted:Where has this massive influx of $$ into BTC come from in the last month? Wall Street? Tether? bitcoins key demo was never normal people. It has always been overpaid computer janitors that have four figures of disposable income, per month, to throw around. That unique composition of stupidity and falling rear end backwards into six figure salaries has been the primary driver behind most of bitcoins actual involved money. Not fake stuff like market manipulations on Mt.Gox or tether printing or whatever. I'd bet that a bunch of Tesla stock profits, since it's up 700% this year, have been plowed into bitcoin by the type of person that thinks both of those things are good ideas and got lucky.
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Dec 29, 2020 21:57
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Gobbeldygook posted:e-gold, pecunix, etc were centralized and could be shut down by kicking in one door. Bitcoin could be crippled by cracking down on on-boarding/exit ramps, limiting it's use to serious weirdos, but completely shutting down the network probably isn't possible without unprecedented global cooperation. It barely works now. Crippling it is all that's needed to make it less attractive than the next big criminal thing.
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Dec 29, 2020 22:10
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orange juche posted:Tether Following that lawsuit, it was revealed tether only had a backing of 74%. Bitfenix was basically printing their own money out of nowhere and then using that to purchase Bitcoin. They were ordered to stop that and carried on with their business. Some people believe if tether were to collapse, for some reason bitcoin would too. This conspiracy revolves around th eidea there is no real demand for Bitcoin, it's all just tether and bitfinex making up money and pumping it. Some people believe that if tether were to collapse, for some reason bitcoin would too. This conspiracy stems from the fallacious idea there is no real demand for Bitcoin, it's all just tether and Bitfinex making up money and pumping it. This is obviously absurd on its face, there is a ton of bitcoin demand, and were tether to fail people (who formerly held tether) would run TO bitcoin, not away from it.
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Dec 29, 2020 22:20
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John_A_Tallon posted:It barely works now. Crippling it is all that's needed to make it less attractive than the next big criminal thing.  Looks like it's working just fine to me. In fact, it appears to be growing and maturing by the month.
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Dec 29, 2020 22:20
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my outputs! very glad that it was 2014 in 2014 though https://i.imgur.com/W1uOJPU.mp4 gary oldmans diary fucked around with this message at 22:25 on Dec 29, 2020 |
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Dec 29, 2020 22:23
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TruthAboutTether posted:The idea that tether will cause Bitcoin to collapse is one of those half-baked conspiracies that is an unholy spawn born from parents of paranoia and shitcoin propaganda. There was a lawsuit here in the US where one of the gov agencies, I forget which, sued bitfinex (who issues tether) for issuing unbacked tether loans to itself. Yeah, that court case is still going on. The SDNY is going to wreak them.
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Dec 29, 2020 22:25
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i have less than no idea how the hell i’m supposed to read that graph, but it looks drat cool
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Dec 29, 2020 22:25
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Ghost titty strikes again
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Dec 29, 2020 22:27
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Bitcoin can't be stopped. Nothing can kill it. Some of us have known that for 7 years, and acted accordingly: https://www.youtube.com/watch?v=_-NwFOAS0ZA And we've been very, very richly rewarded for our foresight. TruthAboutTether fucked around with this message at 22:31 on Dec 29, 2020 |
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Dec 29, 2020 22:28
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Flowers for QAnon posted:Yeah, that court case is still going on. The SDNY is going to wreak them.
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Dec 29, 2020 22:31
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TruthAboutTether posted:Uh huh. That graph is something an insane person would believe in, and something a scammer would make.
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Dec 29, 2020 22:40
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TruthAboutTether posted:foresight  Flawless Victory posted:I went all in at $255
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Dec 29, 2020 22:41
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Seraph84 is going to lose interest in bitcoin in 8 years, don't worry
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Dec 29, 2020 22:45
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gary oldmans diary posted:dude who got in on the known pyramid scheme we had already been mocking it for years thinks he has keen insight. getting in at 255 just makes you look like a moron from both ends 
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Dec 29, 2020 22:49
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TruthAboutTether posted:Uh huh.
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Dec 29, 2020 22:56
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if youre falling back to an "but i still have some money" gif in stead of having any defense of your intelligence then apparently so
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Dec 29, 2020 22:57
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