But wilver will go to da moooon! It’s just in its hundred year dozy. It tends to do that. But when it wakes up! Silver bulls are almost never correct, but when they are... DANG!!!Quote:
Originally Posted by RatHoler
Printable View
But wilver will go to da moooon! It’s just in its hundred year dozy. It tends to do that. But when it wakes up! Silver bulls are almost never correct, but when they are... DANG!!!Quote:
Originally Posted by RatHoler
99+% of everyone in the world has zero or LESS than 1 Bitcoin so I find this particular statement rather amusing as who is needing to find out how much you paid for EACH Bitcoin (as if you have so many you need to keep track of THEM)Quote:
Originally Posted by GoSi93
LOL
Snowden: ‘The Most Important Thing Bitcoin Is Missing Right Now Is Privacy’
Jun 27, 2019 at 14:00 UTC
Updated Jun 27, 2019 at 14:25 UTC
Bitcoin’s biggest flaw is its lack of privacy, said Edward Snowden at the Bitcoin 2019 conference.
The cybersecurity expert noted the importance of privacy as a source of liberty.
“The lack of privacy is an existential threat to bitcoin. Is the only protection users have from political change,” Snowden said.
Snowden also stated that he was a bitcoin supporter and even used an encrypted service that he paid for with bitcoins in order to communicate with journalists in 2013.
Threats to and From Exchanges
Talking about his experience being pursued by the United States government for sharing NSA data, Snowden pointed out the unrealistic expectations from regulators who want to be in control of cryptocurrencies.
Going in-depth about the regulations from banks and governments, Snowden also exposed the necessity for exchanges to defend their users’ privacy. He fears that if one of the exchanges gave up information, soon all of them would follow.
“If you actually go into the terms of big exchanges like Coinbase, they only want to cover themselves. They expose you, they close your account and keep your funds,” Snowden said.
He also disliked the development of financial cryptocurrency services, claiming that many of them are starting to look too much like banks.
“Something unforgivable is that you guys keep developing services trying to be banks, and the world doesn’t need more banks,” he said.
Leave No Trace
Snowden also talked about the Shadow Brokers, a group of hackers that auctioned NSA information in exchange for bitcoin in 2016.
He noted that the hacking case was the starting point of a governmental war on cryptocurrencies. In short, he said, regulation doesn’t work unless it becomes overly intrusive.
“If tracking bitcoin was possible then the NSA would have caught them,” he said. He said Satoshi Nakamoto was in the same position: he could navigate the system and leave no trace.
“If you know how the system works, you can still have privacy,” he said.
Edward Snowden speaks at Bitcoin 2019 via video link, photo by Diana Aguilar
https://www.coindesk.com/snowden-the...now-is-privacy
You bitcoin/block chain enthusiasts ight be interested in reading this legislation report.
https://twitter.com/NaegeleLAW/statu...717336578?s=09
Quote:
The final version of the #Liechtenstein #BlockchainAct, along with the translated Government consultation report, is now available in English. Visit our blog to read more at https://t.co/yX42EccMV6
The direct link to the translation can be found here: https://t.co/q6ji46Ix8o https://t.co/8HJoOFqXzu
BTC's taken a nice stinky dump beginning Tue; so-far low today = a bounce off $7,757
https://www.coindesk.com/price/bitcoin
this article pub'd Tue 9/24, despite russia-insider.com's usual misleading as if it's fresh:
The Empire Strikes Back: Bitcoin Crashes, Dems Threaten Impeachment, Banks Gorge on Fed Cash
Tom Luongo 3 hours ago | 1100 words
There was a drop in the Hash-rate of BTC by 40%.
It's back after a day and higher than ever and no one knows why.....yet.
The price, however has not gone back up as of this post.
This, however shows the weakness of the BTC network (POW) and it's reliance on hash-rates to keep the network going.
Thus enters Ripple's XRP, (POS) the greatest digital asset ever created and the coin of the NWO. Never subject to these kinds of issues!
Quote:
Originally Posted by StreetsOfGold
looked that shite up, https://www.buybitcoinworldwide.com/mining/hash-rate/ clear as mud right? I guess important if ur a miner...
this was interesting,
Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia
... Soviet-era factories are enjoying a second life as cryptocurrency mining facilities. Siberia’s big hydropower plants (another ... Siberia is now fueling another energy-hungry industry: bitcoin mining. Several large mining farms have set up shop ...
Anna Baydakova 08.09.2019
A snip from this Nov '18 article by Allison Weir (IfAmericansKnew.org)
Thanks to Government Inaction, Israel Has Become a Haven for International Scammers and Fraud
One analysis shows that one swindle alone has brought in over a billion dollars and employs 5,000 people. Another scam is predicted to be “the next major driver of the Israeli economy.”
by Alison Weir
[...]
Bitcoin: “The Next Big thing”https://www.mintpressnews.com/thanks...-fraud/251883/
A June 2018 TOI article reports that experts have been touting cryptocurrency and blockchain as “the next major driver of the Israeli economy.”
This would be a highly questionable driver. As TOI reports, “It is unclear how much of the activity in this new high-tech field is legitimate, how much is mere hype, and how much is outright fraud perpetrated by malevolent actors, including transnational criminal organizations.”
In December, the Jewish Telegraphic Agency (JTA) published an article announcing: “Bitcoin Fraud Could Be the Next Big Thing for Swindlers in Israel.” The article, published in Israel’s Jerusalem Post, reported: “According to fraud experts, Israel is shaping up to be a hub for cryptocurrency swindling.”
“Fraudsters,” JTA said, “have begun to take advantage of a cryptocurrency bonanza with a variety of nefarious schemes.”
A former IRS special agent who focused on international fraud predicts that this will mushroom and that Israeli binary options swindlers will spearhead a “massive cryptocurrency fraud.”
An Israeli expert who helps victims of financial scams says: “More or less every binary options company we know of now has a cryptocurrency platform as well. I’m already getting calls from victims, but most people have yet to even realize they’ve been defrauded.”
An Israeli analyst on threat intelligence reports that “not a day goes by without our hearing about a new ICO [initial coin offering] scam or mining attack.” On November 8th, Ha’aretz reported: “Despite complaints to the authorities, users haven’t been warned about cybercriminals who swindle sellers of bitcoin using popular payment apps.”
According to Tel Aviv University Economics professor Neil Gandal, “It’s possible for a small number of actors to manipulate things,” TOI reports. Gandel says that Bitcoin’s first major price spike was likely caused by a single person, and a recent University of Texas paper found that Bitcoin’s more recent price spike was also caused by price manipulation.
TOI reports: “Thousands of Israeli binary options operatives have been looking for new work, and the cryptocurrency field, with its lack of regulation, potential for easy money and libertarian ethos, is a magnet for such individuals.”
According to TOI, “Experts estimate that there are more than 100 fraudulent forex, CFDs, cryptocurrency, insurance, locksmith and Green Card lottery boiler rooms in the country.”
There have been massive demonstrations in Israel against corruption at high levels of government, and two police probes have targeted Prime Minister Netanyahu. A reformer warned of “a foul tsunami rising up in an ocean of corruption that threatens to drown the state of Israel. This is organized crime; crime families and Israeli mafia who are gaining control of local government and from there gradually taking over the central government and the nerve centers of Israeli society.”
In December, the Israeli legislature proposed regulation to ban companies trading in bitcoin from operating on the Tel Aviv stock exchange, suggesting that Israeli citizens will eventually be protected from the scam, as they were from binary options swindlers.
However, It is not known when or if Israel will take action against Israeli cryptocurrency scams that target people in other countries.
For now, events create an impression that the Israeli government is tolerating, and thus perhaps even tacitly encouraging, financial swindles that originate within its borders and devastate individual savings and lives around the world.
The fact that the U.S. government gives Israel over $10 million per day, and that this is about to go even higher, doesn’t seem to protect Americans from being targeted by Israeli financial rackets.
For how much longer?
BTC technical breakdown today; bounced off $6,920 so far
Down Baba Down... ready to buy at the low!! hehehe
My first bitcoin cost me $4.00 dollars
Good price! What’s your buy in now?Quote:
Originally Posted by Spun Gold
TRUNews Doc & Ed @ some crypto conference, 55m:
Monetary Mayhem: Crypto Revolution vs. Bankrupt Banksters
4.3K views
4 hours ago
https://www.youtube.com/watch?v=ckjRoZRLz8o
https://www.youtube.com/watch?v=ckjRoZRLz8o
Bitcoin looks alot like a soybean chart.
Quote:
Originally Posted by Horn
What does that mean?
This is most interesting - supposedly 'hackers' cracked not just one billionaire's blue-checkmark twatter acct, but FOUR, & did this simultaneous "free money!" scam with all 4. Had to be some kind of twatter insider, or NSA/whatever... not some incel kid(s)
screencaps of the BTC-hacker/scammers' tweets inside -- begs question re BTC's true anonymity?
https://twitter.com/morphonios/statu...14099750625285
Jake Morphonios
@morphonios
Hackers just took control of the Twitter accounts of Bill Gates, Elon Musk, Jeff Bezos (& Apple), Kanye West and Mike Bloomberg. Shows you how even the world's richest & most powerful people are just as vulnerable as anyone else. It's like an episode of Mr. Robot. #Hacked
" Shows you how even the world's richest & most powerful people are just as vulnerable as anyone else. It's like an episode of Mr. Robot."
I find that remark by JM rather ridiculous as that is NOT what this shows us.
_______________
"did this simultaneous "free money!" scam"
There is the small possibility that that scam that appears to involve BTC was a real effort to extract money, possibly with a veiled extortion effort to maybe threaten to expose/publicize the Direct Messages of those hacked unless the BitCoin is paid. A hacker would have access to those via a hack. There is no indication BitCoin was compromised and likely the hacker knew the BitCoin thing would not be fallen for.
But even that sounds a little too simplistic. This involves Deep State players playing Deep State games with each other and to communicate some psyop operation on the public to make the public believe something.
No part of it is to be taken at face value.
Maybe there is a possibility that the "white hats" were sending a warning or threat message to the "black hats" to let them know there is a powerful entity that access to all of their accounts online and that they are about to be taken down by the "white hats." But many of us are desensitized to Q hopium kind of games. I really do not see much anymore that there are good guys and bad guys as they all appear to be on one big evil team, but I guess there is a possibility.
^ just watched flash by on FAUX News, hacker/scammers quickly racked up $120K in BTC. Should be EZ to search up articles if ur curious.
having never made good on my threats to open a crypto account, I'm not really clear on how someone behind this scam quickly/anonymously/un-traceably grabs their pillaged booty in cash/gold/whatever, & disappears?? :(??
https://medium.com/@bradmillscan/dr-...y-6afcfac4b7adA Canadian bitcoin “stacker” interviews Dr. Edwin Vieira Jr. to get Vieira’s thoughts on what the future holds regarding currencies.
Dr Edwin Vieira 2020 Interview with a Millennial Bitcoin Investor on Gold & Monetary History
Brad Mills
Dr Edwin Vieira 2020 Interview with a Millennial Bitcoin Investor on Gold & Monetary History
Dr Edwin Vieira is one of the world’s pre-eminent domain experts on gold & silver as constitutional money, as well as a monetary historian.
He wrote the seminal work “Pieces of Eight” which is a 1700 page tome on the subject that has become somewhat of a rare collectors item.
https://www.amazon.com/Pieces-Eight-.../dp/0967175917
He’s a constitutional attorney who has taken multiple cases to the supreme court.
I’m a regular guy, not a lawyer or a monetary expert…just a millennial entrepreneur who found Bitcoin as a way to opt out of a corrupt fiat money system.
I’ve been on a never-ending journey to discover the truth about money & banking as well as try to question the narratives of the gold experts, Austrians & anarchocapitalists to figure out if what they say is really true.
I’ve been a fan of Trace Mayer since 2011, Trace often credits Dr Vieira’s book Pieces of Eight for sending him down the hard money rabbit hole — so I had to talk to Dr Vieira.
To be honest I chickened out of this interview twice, but I’m glad we finally recorded it.
For context, I’m Canadian. I was an avid fan of Ron Paul and supported him during his presidential campaign in 2008 and 2012. Because the US Dollar is the world’s reserve currency, what happens to the USD affects everyone, so you’ll find a lot of Canucks follow US politics & finance more than our own.
In 2008 I learned what a scam money really was, and in 2011 when I saw Bitcoin, it instantly made sense to me.
I got into Bitcoin early because of people like Trace, and through following Ron Paul I learned the basics of Austrian economics vs Keynesianism, gold as money & the value of sound money vs fiat money.
I held Bitcoin from $10 all the way to $10,000 and I still hold Bitcoin. I’m one of those people that think Bitcoin & Gold will be the net beneficiaries of the money printing we are seeing now.
Since I’m writing a book on Bitcoin, I really wanted to speak with Dr Vieira to ask him some specific questions that I wasn’t able to find watching his previous interviews from 6–10 years ago.
- How does gold fit in a world where there are no gold backed currencies anymore?
- How does sound money work with modern monetary theory?
- Is sound money & getting off of fractional reserve banking really the answer in a world with deflationary effects of technology causing large swaths of the population to have their jobs automated away?
- How does Dr Vieira see this playing out over the next 5–10 years with his knowledge of previous cycles in monetary history?
One of the chapters in my book is a primer on fiat money, gold & monetary history, and this interview was very helpful in helping me think through some philosophical issues I was having defending the idea of an Austrian money standard from progressives & left leaning folks advocating things like the green new deal.
My show is aimed at being a non-technical informational podcast for millennials & their boomer parents (who hold 60% of the world’s wealth) learning about the follies of fiat money & why they should diversify into Bitcoin and gold to store their wealth.
I felt it was a privilege to expose people my age and socioeconomic status to Dr Edwin Vieira’s viewpoints. His knowledge is almost like a long lost secret.
As I saw the bank & corporate bailouts in 2008/2009, lots of QE (printing trillions of dollars from nothing), bank reserve requirements disappearing & the historic printing in 2020, I started leaning more towards the viewpoints of Bernie Sanders & the progressive left.
I started to lose the fervour I once had for Austrian economics & Libertarianism… we have not lived in a capitalist system for some time, but a corporatist system … the monetary system currently feels more like a ponzi scheme for the 0.1% rather than benefiting the silent majority.
A lot of people my age and socieconomic status don’t really question the system we live in, and many have become accustomed to the way things are with money … we don’t have Austrian policies but we also don’t live in a true Keynesian system either.
I wonder sometimes about nuances in the views of Austrians, when it comes to monetary policy & the way things have gone since the great financial crisis. This is the greatest ponzi in history and maybe they can keep it going for another 100 years.
The podcast is a long informal, conversational, exploration of monetary history, militias, social unrest, and more.
It gets thick at points, but I decided not to edit it because hopefully someone out there who’s smarter than me will catch some nuances in what Dr Vieira has to say.
To any Bitcoin podcasters out there, I highly recommend getting Dr. Vieira on your show! Reach out to me on Twitter (I’m @bradmillscan there) and I’d be happy to make the introduction.
Here’s some earlier videos from Dr Vieira:
https://youtu.be/NwGAjj1CWz0 if you want to hear more.
Dr. Vieira is currently writing on why militias are a better more effective constitutional answer to militarized police.
https://newswithviews.com/author/edwinvieira/
As of now the price of BTC is $11,665.81. That's not too bad!
I am invested in chainlink LINK, look it up I think it could be a 10 bagger at least...
End of 2016 and start of 2017 bull year:
https://www.google.co.uk/amp/s/www.b...iness-38495804
End of 2020 and start of 2021 bull year:
https://www.google.co.uk/amp/s/www.b...iness-54982604
The exact same article and price moves
Well I just got into this Funny clown money world this fall, I guess at the right time. Should have listened to shami a lot earlier. I tried but couldn't wrap my head around the concept until a few months ago. Crypto makes perfect sense once I realized the direction our rulers our pushing us with digital everything.
It has gone crazy and I feel like its going to crash with how fast the price is moving. Interesting times...
I wouldn't be shocked if it crashed 30-50% any day now but don't sell, just accumulate more. It will go much much higher.Quote:
Originally Posted by LastResort
Max Keiser predicted the 2020 price accurately, and he thinks it's going to $220,000, which is very realistic.
https://www.youtube.com/watch?v=PmEtVoF63IM
Elon Musk put Bitcoin in his profile.
https://twitter.com/elonmusk
I like the sound of this one! https://coinmarketcap.com/currencies/wallstreetbets/Quote:
Originally Posted by Shami-Amourae
https://www.coindesk.com/price/bitcoin
24 HOUR LOW
$56,124.15
24 HOUR HIGH
$61,556.59
NET CHANGE
$3,290.85
24 HOUR OPEN
$57,426.35
ALL TIME HIGH
$61,556.59
Bitcoin is getting ready to explode, probably to $70k. Could happen any second over the next 24hrs.
That would seem to coincide with the implosion of the dollar.Quote:
Originally Posted by vacuum
The measurement of one fictional parameter (bitcoin) using a rubber yardstick (FRN) is hardly valid. People who use either currency have a mental deficiency because these only have value in the Land of the Walking Dead (not a good place to be diagnosed LIVING).
SEC Weaponized Against Certain Cryptos for Powerful Interests? w/ Lbry CEO, Jeremy Kauffman
04-01-2021
@sarahwestall
41m: https://www.bitchute.com/video/3M8uKnjkZqLC/
CEO of Lbry (parent of Odysee), Jeremy Kauffman, joins the program to discuss the SEC lawsuit against Lbry. He explains the case and explains why he believes the SEC is targeting the company. It’s a mind opening discussion as you learn that the SEC still has not explained to Lbry what they have done wrong. You can follow the case at http://HelpLbrySaveCrypto.com
Ok, I’m starting to change my perspective a bit. No explosive breakout happened, and now it’s starting to look bearish.Quote:
Originally Posted by vacuum
Check out the Bitcoin price compared to this diagram:
https://en.wikipedia.org/wiki/Elliott_wave_principle
In starting to think it could take a dump back into the 40s.
Harry Dent, deflationist:
https://www.trunews.com/stream/harry...g-in-june-2021
The only reason I am not living in a 200 ft x 300 ft mansion is they don't make tape measures out of spandex.Quote:
Originally Posted by vacuum
Btw...I found some old records that showed the value of 120 year old $10 gold eagles was around $182 in 2002. So I would guess the FRN of today has a value of 20% of one 20 years ago. INSANE!!
Maybe I have some S&H green stamp books around here too!
Okay, now that there is some funny shit!Quote:
Originally Posted by ziero0
The price has been consolidating and coiling up for a major movement likely upwards. There's a downside risk too but less likely as a lot of the indicators have been flipping bullish recently.
Possibly in 1 week.
I've been accumulating Monero and Litecoin.
Jeff Berwick's latest yest,Quote:
Originally Posted by Shami-Amourae
Apr 08, 2021
You Can Ignore Reality But You Can't Ignore the Consequences of Ignoring Reality
at around 30m, gets into cryptos, he's bullish on all + physical Au/Ag, but gave a pitch for "Pirate Exchange" (ARRR), under a buck, "the most private crypto there is"
but for fun, start @ 24m - for the segment with Chris Sky going into a Walgreens bareface, with cameraman, getting harangued; he mocks & blows off his harassers... checker told not to check him out but he leaves $20 cash for his quart of maple syrup (which included tip) & leaves store. priceless, brass balled Cannuck! :D
I'm fully aware of Pirate Chain but I don't think it will catch on. I did seriously look into it though.Quote:
Originally Posted by PatColo
Every privacy chain that's gone up against Monero has failed.
I invested heavily into alternatives to Monero and got burned every time into the six figures. I just don't see Monero having any competition.
I’m thinking potentially 2 weeks or more crabbing at $57k, then a collapse down to $42k or so before continuing on to make new highs.
It did this in 2017. First three Elliot peaks were May 11, May 25, and June 12. That took 32 days.
Then it started slowly going down for another 32days, before finally collapsing down to the peak of the first Elliot wave.
Same structure here, we have three Elliot peaks, but this time it took 64 days between first and third peak. We’ve been crabbing for 26 days since the peak. So it could keep going for a while potentially, but it has been nearly a month. But the problem is that everyone is exhausted and don’t feel like buying. The longer it crabs, the more deleveraging will occur which push the price down and deleverage others. Once all this is worked out and also taxes have been paid for the May tax date, and once summer inflation starts to cause the fed to control yields, it will start rocketing again.
That said, this is just a guess. I thought it was going to break out last week.
Wow, how can I be totally wrong every timeQuote:
Originally Posted by vacuum
You need to learn how charts work:Quote:
Originally Posted by vacuum
https://www.youtube.com/watch?v=-5OeVSiisLU
Pirate Chain is definitely picking up steam now and will probably make people fortunes. I already feel like I missed the boat. I still don't see how this will catch on long term and beat Monero though. I mean the name is absolutely stupid, it's like Ghost all over again. I'm mostly only interested in how much Bitcoin and Monero I have long term. People accept payments increasingly in Monero as it is real money, and the fees are almost 1 cent now.
Monero likely will skyrocket in use once physical cash is banned.
Looks like we got played this time:
https://www.youtube.com/watch?v=Lhf_2gJJS1I
That’s ok for me, more time to buy at low prices.
Clearly the big boys killed two birds with one stone, First, profiting and milking the public, and second, bringing the price back so they can accumulate.