The Rise and Fall in Bitcoin Value

I know the “two weeks!” meme, but I guess you BTC guys go for the long run, “two years!” meme. :smiley:

I have a few golden jewels.
There is no concrete around them.
Therefore, you are a liar.

Well yes if I can get your password I literally have access to the value you have. So it’s exactly the same… except BTC has no value.

Also your BTC are not secured.
That in itself is a plain lie. You have no way to prove that they are secured.
(reason is : 1. you can’t prove there is no algorithm that can use a lot of energy to hash a lot of passwords to find yours. protip : BTC block validation is exactly such an algorithm ; and 2. BTC is subject to 50% attack, which is bound to happen since it’s a ponzi)

The question is more, what claims did you make that were not stupid to start with.

Yes you are only wasting your time making up claims and insults.
I see. What a nice example of dishonesty.

You forgot to add “trust me bro”.

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Indeed, and it’s much more difficult to hack a centralized bank than a
decentralized database. By definition.

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Right so they hack the actual customers instead and phone up pretending to be the bank and succeed.

Well, maybe, just maybe that’s an issue? LOL.

What kind of infantile reply is that even? Imagine people not guarding Fort Knox and 10 ton gets stolen and they are like "Shiiiiiit, dude, how can we protect the fort if people keep walking in and taking gold out? What do you expect us to do? Invade their privacy and ask their names? Fuuuuuggg! "

Your replies are hilarious.

this is literally the same thing they can do with BTC. Scam. More even so, as BTC IS already a ponzi.

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It fine that you think it’s a ponzi, I just can’t see your reasoning for that view. Every type of electronic method can advance or change and possibly become cheaper.

I personally see a great relationship between a user, a miner, and a seller of BTC (crypto exchange)

It’s fine as long as you understand that just because you can’t understand why, does not mean it’s not.
I won’t explain, as I already said I spent too much time already on that part and you seem to be fanatic of BTC so there is no explanation that can reach you.

Mostly because you don’t really seem to explain much. but hey you’ll disagree and that’s fine.

I’m a fanatic of progress and interested in how tech can play a part. A remote transaction between two people that requires no 3rd party and actually works is progress weather you like it or not.

Most of that is some crypto stuff completely unrelated to Bitcoin, and the only ones mentioning Bitcoin are exchanges. Let me guess, you still think exchanges have something to do with the security of Bitcoin?

This isn’t traditional finance where Banks are the base layer system and are responsible for it’s security of it. Bitcoin does not require this companies to work, it does not require banks, and the security of Bitcoin is not contingent on any unrelated third-parties offering services on top of it. This main function of this exchanges are gambling, they are shitcoin casinos built by gamblers.

This is essentially saying the internet is just trash because there exists facebook.

Come again when you actually find any security issues on the Bitcoin protocol

I bought my Bitcoin 2.5 years ago (apart from the ones I’m buying right now), so you tell me if I made profit and how much.

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I actually made very simple explanations.
Even the dumb-level explanation I gave, you distort them as a way to protect your dogma from reality. as I wrote, I won’t waste time with someone who lacks the ability to understand my words.

There is a huge gap between being a fanatic and being interested in.

Being a fanatic means you want to keep your opinions. Being interested implies you can change your opinion given sufficient proof.

Being a fanatic means you don’t care about being honest. Being interested in, allows you to take things with a rock of salt.

It’s not progress. Because the reality is not as good as you pretend it is. Because BTC actually uses Nth parties, and each has to be paid just to accept the transaction.

At this level it’s a plain lie to pretend that BTC is “A remote transaction between two people that requires no 3rd party”

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I had some free time and made a meme :

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Until they get stolen, in that exact moment I become a prophet?

The security is the vault you store your valuables in. Obviously there has to be a way to access the value which can be compromised.

Lol at the password. It is possible to have quite complex schemes to secure your access to your Bitcoin. A hardware wallet with a secure element is just the start. You can have multiple of them, you can create “N out of M” multisig wallets that will only release your coins if you sign with N of them. And all of this becomes easier and more accessible all the time.

So no, it’s not the same, it’s far more elaborate and secure.

Stop mashing words together in an attempt to make it look like you actually say something. I know what they mean and in the arrangement you presented they make zero sense. Also it’s still not passwords, lol

It’s a 51% attack. Do you actually know what that is and what it can possibly cause. Probably not. Also what has that to do with a Ponzi. I bet you don’t know that either, it just sounded coll or something. This is so ridiculous. lol

It is, for the most part. The other part are my posts, they are even worse. So yes, I blame the Internet but not only that, I also blame the TCP/IP stack that makes it possible for packets to travel around the world, where unsuspecting Internetizens minding their own business come across my posts. But at least the Internet is regulated unlike the Wildcat Banks style BTC has. And then we aren’t even talking about the energy waste. Which you keep denying and claiming “it’s all waste energy those private miners are using” but it’s not lol.

Corrected that for you. :wink:

Crypto prices are falling across the board on Nov. 21 as fallout from FTX and Alameda insolvency continues to roil the entire crypto market.

Damn, don’t even need a 51% attack, just a bunch of “Straight outta compton eh… U.S. University…” kids :smiley:

PS: It isn’t that bad, BTC went down 36.741,00 (68,45%). But hey, you don’t care about money. Be careful not to turn into another SBF.

The internet protocol isn’t regulated, the same way the Bitcoin protocol will not be regulated, because it makes no sense at all.

Companies utilizing one or the other are and should be regulated. Probably more so with Bitcoin because it’s money and not just data.

But you do know that FTX was regulated right? Credit Swiss is regulated too, so is Deutsche Bank and Lehman Brothers.

I somehow trust a transparent open protocol more than this regulated companies. But feel free to continue to trust them with your wealth you worked your whole life for. Fingers crossed you did not pick a bank that will gamble with it.

No it isn’t, but it will be and I have good reasons to believe that

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Yeah it also went up 700% before that. Look, I wont lie and tell you it isn’t heart breaking to think I could have sold at 69k and now buy back 3x now and simultaneously take out the 2x the investment.

But hey, at least I’m still 60% up from where I bought them. How are your stocks doing?

It’s open source, but you are missing a small point.
Satoshi OWNS 20% of the “monopoly money”.
No government is giving 20% of the world economy’s value to some scammer.

See, your comparison to TCP/IP is funny, because it’s childish and wrong. Completely like someone typing on Quaalude. Don’t drive your Ferrari… :wink:

My stocks are doing well. 4.36% divident.