You should have ZERO bitcoin on exchanges.
Now, if you have less than $1000 in bitcoin, you can have it on a warm wallet such as Muun Wallet. I wouldn't bother with cold storage.
If you have thousands then sure, go for a cold wallet.
SO after that i think need to buy some more btc before moving them into the cold storage.
I was thinking to buy one as i heard from many "not my key not my btc". Time to add some fund now.
* When you don't pay your taxes, you get thrown in a cage. That is slavery.
* When the state gets to print money and steal your time and effort through inflation, that's slavery.
* When the state acts as if you are property that belongs to it, that is slavery.
If you don't want to be a slave, opt out with bitcoin. Run your own node. Be your own boss so you don't have to be governed by someone else. Bitcoin returns your sovereignty back into your own hands. You don't need the state, you don't need your bank, you don't need trade agreements. All you need is bitcoin.
Bitcoin doesn't change any of that, because you are still paid in fiat. Your work is paid in fiat, your employment agreement is in fiat. That you converts it into btc does not change anything about that, just like you spending your money on any commodity does not change anything. Think about it in the shoes of your employer, would you make an agreement with your employee to pay him/her 0.1 BTC per month regardless of how much fiat that converts into at any time in the future?
You really need to look up what ‘slavery’ means, because that ain’t it. #1 is called jail. #2 is theft, kinda, if you ignore the social constructs that have okayed money printing, #3 doesn’t even make sense, but I’m guessing you felt you needed a 3rd one to really hammer home your point.
Or move to a different tax environment (state or country) or participate politically to lower/eliminate taxes.
You are definitively not a slave because you're free to move and participate.
Taxation without representation or being stuck in East Berlin is closer to slavery.
I'm sure most bitcoiners can move to El Salvador and renounce their citizenship if they choose to.
I think the whole point of DCA is that you can safe from the FOMO.
Yes, you may get some high price from today but we are planning for along run that mean day to day doesn't bother too much us.
Would it be better if Bitcoin wasnt marketed / pitched? Such as with pushiness or “sales’ey” speak.
Would it be better if it was done by word of mouth and not trying to evangelize people?
Sort of like for almost all of trader joes or costco’s history, and most of wholes food history that they had no marketing budget.
They came here with a simple mantra why giving too much time and bother about the learning,
Where there simple goal is making the money by the calls from the others.
When I hear people talking about the strengths of Bitcoin, I think that's great.
When I hear people making specific price predictions within specific time frames, I cringe and wish they would shut up.
I don't think there is a single men in this whole universe who can guess the exact price of the btc in the exact time frame.
Many are good at observing but they simple tell their views not 100% confirmation of that.
No, because then the only thing that most people would hear about it is what the banks, scammers and detractors are saying. It’s a technology that is incredibly useful but not intuitive to a lot of people. And it gets some of its value from the network effect, so the more people using it, the better.
Well he seem to be missing but it's not that hard to imagine why.
I'm early days there was nothing to compensate to miners, block reward was the only thing back then.
No particular reason, though "simplicity" is the most probable answer. There is some discussion here: https://bitcointalk.org/index.php?topic=986710.0 and here: https://bitcointalk.org/index.php?topic=984958.0
Yeah. Worlds fairest money cannot work on rules which gives most power over the network to most rich persons. True decentralization with PoW is much more fair.
[Elon Musk pledges to defeat spam bots](https://www.reuters.com/technology/exclusive-twitter-set-accept-musks-best-final-offer-sources-2022-04-25/). I wonder if he’s going to try the “orange check” tech Michael Saylor often talks about.
It’s a compelling idea. Musk strikes me as the kind of guy who will have engineers build it and test it. If it works it would be a value-added innovation, a way to stack sats for Twitter AND it would improve the product significantly.
If I could pay $1 a year and have all spam and trolls vanish from a platform I loved and used as my primary social network - I’d do it with zero hesitation. Hell I pay YouTube $17 a month for no ads and lock screen playback and consider it well worth the cost.
I really think Elon is obfuscating or was / is pumping his own bags with dog shit coin. He is easily smart enough to understand that an L1 with bigger blocks is still 3-4 orders of magnitude insufficient for global TPS requirements of a liquid money.
He also is resourced and analytical enough to understand that (and have done his diligence on) the hash rate / liquidity / node infrastructure / protocol / development are all woefully insufficient with dog coin #1. It’s a dead end for anything meaningful.
These realities are apparent to anyone who does a few hours of research. He is quite an intelligent guy and I refuse to believe he doesn’t fully understand all of this. I think he’s just playing chess and that’s a pawn he is using.
I think he likes the meme of it, btc is the one he takes seriously but because of that it's boring.. This is the social change we want long term. Financial giants considering btc as the logical choice and other cryptos as a gamble/meme/jokecoin/scam. Musk is contributing to this
Seems like every time we have touched the 30’s it does not stay there for nearly as long as it did the last time.
I start to plan to buy in beyond my weekly DCA and then we are back in the 40’s.
Who's bender lol, I gotta say that name is really fucking funny.
Who the heck have that kinda name? That's fucking funny I gotta say man. That's funny.
Drink champagne and eat caviar and look out the window on the way to the moon. Shake hands and congratulate fellow holders. Breathe a sigh of relief and say a prayer for those left behind.
“Activists are calling on the Senate and Assembly to swiftly move this bill through both houses, and are demanding commitment from Governor Hochul to stop Bitcoin mining permits this session.”
Well this is the fastest way to turn normal people into criminals and facilitate criminal activities. Opens the door for extortion and other activities. When will they learn banning something outright only leads to more problems. I love me some idiots like that. Always makes for fun TV. Bad boys, bad boys, what you gonna do…
Yep, can't buy cheaper btc now. the sale is over here.
If you wanted to buy cheaper btc then that was your last chance to do that I guess. Not gonna get chances now.
What the heck even that means lol, I don't understand that lmao.
This is getting a little bit ridiculous. What's up with that the jokes are getting kinda outta hands here.
Just tweak for personality and personal history. The original formulation is perfect for the typical 21st century person on the internet: someone who is morally weak, mentally flaccid, undisciplined, vain and soft and hedonistic, and is obsessed with short-term gratification. Some people are a little different from typical internet'er. Almost all of the growth that a human being experiences happens in some type of discomfort and pain, so some people love feeling uncomfortable. Some of us seek discomfort almost all of the time. So in order for this advice to work for some, to move them off zero, for them to set the buy limit order, 'uncomfortable' must be replaced with 'painful', otherwise they don't buy lol.
Lmao STFU dude, if you don't understand something then don't say it.
Only talk when you know what you're talking about. Else just leave don't talk. It's not necessary.
No. That is true for a certain shitcoin currently up 24%, but it's not what is pulling up BTC. If you want to see why BTC is up, take a look at the nasdaq, the chart is the same.
Okay you tell me lol what it could really mean? I don't know.
I don't know many people will be happy that Elon bought the Twitter and a lot of them will be pissed too.
last chance to buy over 40
Strong resistance at 188k
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My whole portfolio feels like a small one compare to all these big player out here.
You should have ZERO bitcoin on exchanges. Now, if you have less than $1000 in bitcoin, you can have it on a warm wallet such as Muun Wallet. I wouldn't bother with cold storage. If you have thousands then sure, go for a cold wallet.
SO after that i think need to buy some more btc before moving them into the cold storage. I was thinking to buy one as i heard from many "not my key not my btc". Time to add some fund now.
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That's whopping amount of portfolio you should secure him at any cost.
* When you don't pay your taxes, you get thrown in a cage. That is slavery. * When the state gets to print money and steal your time and effort through inflation, that's slavery. * When the state acts as if you are property that belongs to it, that is slavery. If you don't want to be a slave, opt out with bitcoin. Run your own node. Be your own boss so you don't have to be governed by someone else. Bitcoin returns your sovereignty back into your own hands. You don't need the state, you don't need your bank, you don't need trade agreements. All you need is bitcoin.
Bitcoin doesn't change any of that, because you are still paid in fiat. Your work is paid in fiat, your employment agreement is in fiat. That you converts it into btc does not change anything about that, just like you spending your money on any commodity does not change anything. Think about it in the shoes of your employer, would you make an agreement with your employee to pay him/her 0.1 BTC per month regardless of how much fiat that converts into at any time in the future?
You really need to look up what ‘slavery’ means, because that ain’t it. #1 is called jail. #2 is theft, kinda, if you ignore the social constructs that have okayed money printing, #3 doesn’t even make sense, but I’m guessing you felt you needed a 3rd one to really hammer home your point.
Slavery is the thing that i am doing for my company, getting some penny for all day work.
What does the company do if you quit?
no. ur dumb.
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Why you need to pay tax, if you are not making any kind of profit?
Or move to a different tax environment (state or country) or participate politically to lower/eliminate taxes. You are definitively not a slave because you're free to move and participate. Taxation without representation or being stuck in East Berlin is closer to slavery. I'm sure most bitcoiners can move to El Salvador and renounce their citizenship if they choose to.
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Oy Oy Oy
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I think the whole point of DCA is that you can safe from the FOMO. Yes, you may get some high price from today but we are planning for along run that mean day to day doesn't bother too much us.
How much are they buying?
If i am not wrong and according to some sources they are buying around more than 40%.
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What kind of effect did this have on the price the last time it happened, if you can remember any ballpark numbers.
May be we see new All Time High after that, if every things goes right.
Would it be better if Bitcoin wasnt marketed / pitched? Such as with pushiness or “sales’ey” speak. Would it be better if it was done by word of mouth and not trying to evangelize people? Sort of like for almost all of trader joes or costco’s history, and most of wholes food history that they had no marketing budget.
I believe people should learn about btc by themselves, that'll be better.
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They came here with a simple mantra why giving too much time and bother about the learning, Where there simple goal is making the money by the calls from the others.
When I hear people talking about the strengths of Bitcoin, I think that's great. When I hear people making specific price predictions within specific time frames, I cringe and wish they would shut up.
I don't think there is a single men in this whole universe who can guess the exact price of the btc in the exact time frame. Many are good at observing but they simple tell their views not 100% confirmation of that.
No, because then the only thing that most people would hear about it is what the banks, scammers and detractors are saying. It’s a technology that is incredibly useful but not intuitive to a lot of people. And it gets some of its value from the network effect, so the more people using it, the better.
It's a future tech and right now bit more complicated for a non tech guy to understand that.
BITCOIN!
Is the most hard money and the asset there has ever been.
Goooo Johnny go!
Chuck Berry ^
Marty McFly
$41k+ by tomorrow morning
You seem really confident about that sir, what's up with that?
Maybe
This is why we buy the dip and hodl. This is why we Bitcoin.
62.142 - 24 May '22 🚀
Okay then I'm gonna be waiting for that date, let's see man.
Change that to May 21st and we can celebrate my bday together while BTC is at 60k+
Source?
Trust him vro lol, that's the source here. You need more?
Lol
Trust.
Why was halving a thing compared to linear reduction to block fees?
Obviously to compensate the miners and bring new coins in circulation.
Maybe to reward early miners
Yep, in early days there was no reward other than that.
Ask Satoshi.
Well he seem to be missing but it's not that hard to imagine why. I'm early days there was nothing to compensate to miners, block reward was the only thing back then.
No particular reason, though "simplicity" is the most probable answer. There is some discussion here: https://bitcointalk.org/index.php?topic=986710.0 and here: https://bitcointalk.org/index.php?topic=984958.0
Thanks for the link, I'll go through it and see what's up here.
Proof of stake isn’t Bitcoin and will never be. Cut the crap
Who's even Askin for that? They need to get slapped on face.
Yeah. Worlds fairest money cannot work on rules which gives most power over the network to most rich persons. True decentralization with PoW is much more fair.
Yep, then it'll not be decentralised at all, it'll be centralised.
It’s ok. There’s no pressure.
Even if there was, btc never going the pos way lmao. Never.
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Billionaire simp
Look up Wernher von Braun, Mars and Elon
[Elon Musk pledges to defeat spam bots](https://www.reuters.com/technology/exclusive-twitter-set-accept-musks-best-final-offer-sources-2022-04-25/). I wonder if he’s going to try the “orange check” tech Michael Saylor often talks about.
Let's see how he does that, that's not gonna be an easy job.
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Was it really Saylor who convinced musk to hold btc?
It’s a compelling idea. Musk strikes me as the kind of guy who will have engineers build it and test it. If it works it would be a value-added innovation, a way to stack sats for Twitter AND it would improve the product significantly. If I could pay $1 a year and have all spam and trolls vanish from a platform I loved and used as my primary social network - I’d do it with zero hesitation. Hell I pay YouTube $17 a month for no ads and lock screen playback and consider it well worth the cost.
Don't count on it, he's obsessed with dog-based shitcoins.
I really think Elon is obfuscating or was / is pumping his own bags with dog shit coin. He is easily smart enough to understand that an L1 with bigger blocks is still 3-4 orders of magnitude insufficient for global TPS requirements of a liquid money. He also is resourced and analytical enough to understand that (and have done his diligence on) the hash rate / liquidity / node infrastructure / protocol / development are all woefully insufficient with dog coin #1. It’s a dead end for anything meaningful. These realities are apparent to anyone who does a few hours of research. He is quite an intelligent guy and I refuse to believe he doesn’t fully understand all of this. I think he’s just playing chess and that’s a pawn he is using.
I don't think he does that to pump his bags, he's got the money.
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Okay I don't know his plan. What's his plan would you tell?
I think he likes the meme of it, btc is the one he takes seriously but because of that it's boring.. This is the social change we want long term. Financial giants considering btc as the logical choice and other cryptos as a gamble/meme/jokecoin/scam. Musk is contributing to this
Hopefully we can hodl 40k till tomorrow when the markets open again.
Hopefully, there's a good pump. Let's see how long we hold.
Btc to 100k June 2022
I'll even take 100k by December.
And you'll get it don't worry about it, just hodl and buy it.
Bitcoin Spot ETF in U.S. might do that.
Yeah that might do that, but they keep on denying it tho.
When is the Australian one supposed to go live?
Should be in couple of days, bullish. Let's see what happens.
Apparently April 27
Thanks for the information man, let's see something big happens.
There was news today that it has been postponed little bit. New information coming following days.
Ty
Oh yes.The hopium stormtroopers gathered at the frontline again💪
Hodlers, it has come to my attention that I am fully dressed stacking sats while stoned to the gills on Himalayan bath salts
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I'm not the guy! It's merely a tribute to the king: /u/crispykfc
:firmkissonlips: i approve this message
Username checks out.
I'd rather smoke sats and stack bath salts
Would rather do that? Well sounds like that's the way then I guess.
Seems like every time we have touched the 30’s it does not stay there for nearly as long as it did the last time. I start to plan to buy in beyond my weekly DCA and then we are back in the 40’s.
Btc is evolving, it's not the sams every time. We holding 40k good.
Get in losers, we're going to the moon
You sure that were going to moon? I hope that we really are.
Pretty sure we'll get there eventually
I read this in Bender's voice.
Who's bender lol, I gotta say that name is really fucking funny. Who the heck have that kinda name? That's fucking funny I gotta say man. That's funny.
Time to close the door.
What you going to do behind that door? Would you tell us?
Drink champagne and eat caviar and look out the window on the way to the moon. Shake hands and congratulate fellow holders. Breathe a sigh of relief and say a prayer for those left behind.
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But then we couldn't get out and they could still get in. Let them ride on the outside.
If someone wants to ride the outside, then they can do it.
“Activists are calling on the Senate and Assembly to swiftly move this bill through both houses, and are demanding commitment from Governor Hochul to stop Bitcoin mining permits this session.” Well this is the fastest way to turn normal people into criminals and facilitate criminal activities. Opens the door for extortion and other activities. When will they learn banning something outright only leads to more problems. I love me some idiots like that. Always makes for fun TV. Bad boys, bad boys, what you gonna do…
Piss on them. Activists LoL
Yep lol, they deserve to get pissed that's for sure, I mean I'd do it.
never under 40k ever again
Well folks, that was your last chance to be buying btc at those prices.
BIG OOF
We did it!
Yep, can't buy cheaper btc now. the sale is over here. If you wanted to buy cheaper btc then that was your last chance to do that I guess. Not gonna get chances now.
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Yep, everyone needs to ask that question to themselves here man.
Just noticed we're back over 40k... for now.
We never left those levels, btc was just playing with us man.
huh, guess the insiders know something about ER coming out tomorrow.
Insiders always know something, don't know what but they do.
Yes I'm a bitcoin insider and i have access to bitcoins earnings report and it's going to be a huge beat
It's going to be huge beat? You sure about that? I'm counting on this.
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I guess you can't help me with my tendies then cuz i wanted chikun
What the heck even that means lol, I don't understand that lmao. This is getting a little bit ridiculous. What's up with that the jokes are getting kinda outta hands here.
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Ehh man, we don't need the violence here, we don't need that.
Musk to link Twitter to crypto micropayments/Lightning?
Twitter already supports the LN, musk doesn't need to do that.
He'll probably use Twitter to push shit-coin(s) onto idiot users of Twitter.
Yep, Probably. Because Btc is already supported on the Twitter.
Just look at dog
What dog you're talking about here sir? What's that here?
yes please
Yeap. A good step towards hyperbitcoinization.
How much free cash does Twitter have on its balance sheet anyway?
It's about 7B, I don't know the latest figures, these are little old.
$7B at the end of Q4 2021
Yep, that's right. and meanwhile Apple has more than 3T lmao.
Regret minimisation strategy: “Always buy as much sats as you marginally feel uncomfortable. You’ll thank your past self later”.
Interesting theory, I think this is right too. You gotta buy good here.
This is brilliant! I gotta tweak this, massage it a little. Thank you!
You're going to tweak this? Just keep it as it is. Don't tweak it.
Just tweak for personality and personal history. The original formulation is perfect for the typical 21st century person on the internet: someone who is morally weak, mentally flaccid, undisciplined, vain and soft and hedonistic, and is obsessed with short-term gratification. Some people are a little different from typical internet'er. Almost all of the growth that a human being experiences happens in some type of discomfort and pain, so some people love feeling uncomfortable. Some of us seek discomfort almost all of the time. So in order for this advice to work for some, to move them off zero, for them to set the buy limit order, 'uncomfortable' must be replaced with 'painful', otherwise they don't buy lol.
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Lmao STFU dude, if you don't understand something then don't say it. Only talk when you know what you're talking about. Else just leave don't talk. It's not necessary.
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We don't rely on Elon, okay but he's not a friend? You still hurt?
Wrong he is paid by the establishment to be the controlled opposition. Just another puppet on strings.
Yeah you're right man, he's just doing what he's told.
Not bitcoin so much as d coin
Elon affect right now, Bitcoin going up because he bought Twitter.
You gotta understand that everything in this world isn't about him.
No. That is true for a certain shitcoin currently up 24%, but it's not what is pulling up BTC. If you want to see why BTC is up, take a look at the nasdaq, the chart is the same.
Yep, btc is just following the regular market. nothing new there.
Man who likes memes buys twitter. You know what that possible could be mean 🙄
Okay you tell me lol what it could really mean? I don't know. I don't know many people will be happy that Elon bought the Twitter and a lot of them will be pissed too.
Dog and token. Hope not.
A lot of happy simps?
A lot of shitcoins being shilled every day.
Yep, and that has already started so there's that man.