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Is the Bitcoin bull run starting?

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Bitcoin has dumped from 25,000 to 44,000 over a few months...what happens next?

short lived pamp, going back to 15k soon
1
14%
welcome to the bull market you fucks, HFSP while my account hits 7 figs when BTC hits 100k in 2024
2
29%
It's bull from here on out, but a slow building one. We won't see 100k BTC price until 2025
0
No votes
I eat pork, yet self identify as a Jewish Space Laser.
3
43%
GOLD IS THE ONLY CURRENCY GOD APPROVES OF HOARDING
1
14%
 
Total votes : 7

Re: Is the Bitcoin bull run over?

Postby 2dimes on Tue Dec 14, 2021 12:20 am

Yeah, I didn't buy enough silver to make an big impact when it went up last year, partially because just as I started ramping up my small stack, I thought, "If things get a bit funny. I probably don't want to be trying to barter precious metals."

Also when it dipped down that one time, I was going to buy some but the dealers suddenly "ran out" until it recovered.

I was going to sell some now that it's up and "worth much more than when I bought it." when I looked into the buy prices versus sell prices. Suddenly the maple leafs I bought are not quite as profitable as they should have been.

So I decided to keep it and enjoy looking at how shiny most of it is.
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Re: Is the Bitcoin bull run over?

Postby HitRed on Tue Dec 14, 2021 5:55 am

The most timely youtube poster Is Benjamin Cowen.

https://www.youtube.com/channel/UCRvqjQ ... uEx-w0XOIg
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Re: Is the Bitcoin bull run over?

Postby HitRed on Tue Dec 14, 2021 6:57 am

Back in the early 2000s after medal detecting for years I started buying coins. Quickly ruled out rounds, gold and bars. Everyone in the coin shops and coin clubs had all the American key dates, mint errors and variations memorized since they were kids. Not going to win there. :(

So I looked at Canadian. The quality and artistry is there. Price was great. Bright, large coins, silver and inexpensive. But Canada has low numismatic value. Itā€™s not a bad thing but Canada has a stable history, lots of wealth and a small population that is largely educated.

Mexican coins are working coins. They were used till worn thin.
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Re: Is the Bitcoin bull run over?

Postby riskllama on Mon Dec 20, 2021 10:31 am

watched this over the weekend :



was rather interesting, would recommend to anyone interested in learning where it came from & where it's going,
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Re: Is the Bitcoin bull run over?

Postby HitRed on Thu Dec 30, 2021 6:33 pm

This isnā€™t block 1 but itā€™s live now.

https://beincrypto.com/bitcoin-wallet-w ... 0-5-years/
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Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Sun Jan 02, 2022 2:53 am

Coins I think have a good shot of 'beating ETH&BTC' in Q1 2022:

Chain coins:
Near -$15
Fuse - $.45

Defi Coins
Convex -$50
kp3r - $1340
Frax Share - $35
BTRFLY (redacted) - $2900

'Metaverse coins'
Sand - $6
Mana - $3.30


*quick edit - adding BTRFLY to the defi coin list... it's kind of a degen play on convex/crv... It's a rebase token, so even if price stays flat you are earning 13% week staking it*
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Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Fri Jan 07, 2022 4:32 pm

saxitoxin wrote:
mookiemcgee wrote:Vallejo, CA 94590


ITT we learn mookie is ZODIAC


Zodiac coin up 65% today!

https://dexscreener.com/bsc/0x13c921afc ... cfd4f5fdf8
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Re: Is the Bitcoin bull run over?

Postby saxitoxin on Fri Jan 07, 2022 4:34 pm

FuckJoeBiden Coin is also skyrocketing --

https://dexscreener.com/bsc/0x69e6653d5 ... d2268989c2
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Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Sat Jan 08, 2022 12:47 am

saxitoxin wrote:FuckJoeBiden Coin is also skyrocketing --

https://dexscreener.com/bsc/0x69e6653d5 ... d2268989c2


Did you just make that one? It has a $700 in liquidity lol... amateur hour. The REAL money is in the Letsgobrandon Coin (FJB is still the ticker).

https://dexscreener.com/bsc/0x6684f7c46 ... 6b5e917720
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Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Wed Jan 12, 2022 2:57 pm

mookiemcgee wrote:Coins I think have a good shot of 'beating ETH&BTC' in Q1 2022:

Chain coins:
Near -$15 / $18
Fuse - $.45 / $1.50

Defi Coins
Convex -$50 / 43
kp3r - $1340 / 1475
Frax Share - $35 / 41
BTRFLY (redacted) - $2900 / 2000 (ouch)

'Metaverse coins'
Sand - $6 / 5
Mana - $3.30 / 3.05

update-
other L1 coins looking they they are gonna continue to outperform in Q1 - FTM (fantom network) , ONE (harmony network) , ATOM (cosmos network)

*quick edit - adding BTRFLY to the defi coin list... it's kind of a degen play on convex/crv... It's a rebase token, so even if price stays flat you are earning 13% week staking it*
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Re: Is the Bitcoin bull run over?

Postby saxitoxin on Thu Jan 27, 2022 5:46 pm

BREAKING: The Regime is preparing to issue a Decree-Law to regulate crypto in an effort to kill unregulated assets and pave the way for FedCoin. Ethereum plunged 2.3% as the news broke with more punishing losses soon to follow.

https://markets.businessinsider.com/new ... ary-2022-1
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Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Thu Jan 27, 2022 7:36 pm

saxitoxin wrote:BREAKING: The Regime is preparing to issue a Decree-Law to regulate crypto in an effort to kill unregulated assets and pave the way for FedCoin. Ethereum plunged 2.3% as the news broke with more punishing losses soon to follow.

https://markets.businessinsider.com/new ... ary-2022-1


This drumbeat has been coming for a while, but is it a mental warfare fakeout? Eth is already back to where it was right before this news broke a few hours ago. Time will tell, but as I wrote in the other thread Jan was bound to be a really rough month.

Hope you dumped that ADA! After the sundae swap fiasco it's probably going back to .20 before it gets to $3
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Re: Is the Bitcoin bull run over?

Postby saxitoxin on Thu Jan 27, 2022 7:38 pm

mookiemcgee wrote:
saxitoxin wrote:BREAKING: The Regime is preparing to issue a Decree-Law to regulate crypto in an effort to kill unregulated assets and pave the way for FedCoin. Ethereum plunged 2.3% as the news broke with more punishing losses soon to follow.

https://markets.businessinsider.com/new ... ary-2022-1


This drumbeat has been coming for a while, but is it a mental warfare fakeout? Eth is already back to where it was right before this news broke a few hours ago. Time will tell, but as I wrote in the other thread Jan was bound to be a really rough month.

Hope you dumped that ADA! After the sundae swap fiasco it's probably going back to .20 before it gets to $3


I WISH! I have no choice but to hold it now.
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Re: Is the Bitcoin bull run over?

Postby HitRed on Sat Feb 19, 2022 9:29 am

Deputy Prime Minister Chrystia Freeland said during a press conference on Thursday that crypto wallets have been frozen.

"The names of both individuals and entities, as well as crypto wallets, have been shared by the RCMP with financial institutions and accounts have been frozen, and more accounts will be frozen," Freeland said.


So, can banks freeze wallets? I thought they were in your home computer.
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Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Sat Feb 19, 2022 12:19 pm

HitRed wrote:
Deputy Prime Minister Chrystia Freeland said during a press conference on Thursday that crypto wallets have been frozen.

"The names of both individuals and entities, as well as crypto wallets, have been shared by the RCMP with financial institutions and accounts have been frozen, and more accounts will be frozen," Freeland said.


So, can banks freeze wallets? I thought they were in your home computer.


No entity can freeze, control, take from your wallet... unless they have your private key which some people store in stupid ways that make that possible.

What they are really talking about here, is money you hold in a centralized exchange like coinbase/kraken/Gemini ect. You are letting them hold you coins in a wallet they control (on your behalf) in order to facilitate easy cheap trading. For the record 'centralized exchanges' go against the whole point of crypto/blockchain, but they are the easiest way for beginners to access crypto.

The CEO of one such exchange (Kraken) tweeted this yesterday (basically suggesting you shouldn't use his product if you are worried about gov't seizures because he's forced to comply with gov't orders)

https://twitter.com/jespow/status/1494458245259272192

"100% yes it has/will happen and 100% yes, we will be forced to comply. If you're worried about it, don't keep your funds with any centralized/regulated custodian. We cannot protect you. Get your coins/cash out and only trade p2p."

Long story short, you hold coins on coinbase, those coins aren't decentralized you are allowing a regulated company to hold you assets which means they could in theory be frozen. If you hold them in your own wallet you are safer. That said there are other risks, some coins you might be holding may be regulated (thinking stable coins like USDT/USDC here). That doesn't give anyone the power to 'take' those coins, the risk is more in the idea that a gov't could try to render the coins valueless. Holding BTC/ETH or something like that instead of a stable coin greatly mitigates that risk. You could also own a truly decentralized stable coin like MIM (magic internet money haha) or DAI which was created to be decentralized but has kinda been 'selling out' and isn't really living up to its' initial vision.

Also... "I thought they were in your home computer.", the wallet is accessed from your computer, but it doesn't 'live' anywhere but on the blockchain. Your house and computer could burn down, as long as you have your private key you can regain access to your wallet from Siberia the very next day. Also banks have nothing to do with this at all whatsoever, gov'ts oversight of exchanges is what is being referred to.

Think of BTC network as like quadrillions squared of safety deposit boxes that only live on the BTC network. Your private key is you access to your box. There are more possible private key/box possibilities then there are atoms in the universe so the same key will never be created twice. As long as you have your key + internet no one can access/restrict/regulate your box.

There is a decent new documentary on Prime called 'Cryptopia'... it's already sore of 'out of date' even though it's from 2020, but it does a good job to help visualize how the BTC network works
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Re: Is the Bitcoin bull run over?

Postby HitRed on Sat Feb 19, 2022 6:09 pm

Thank your for your reply. Read your post twice and watched the entire video. Very understandable.
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Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Sat Feb 19, 2022 7:42 pm

Anytime my man
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Re: Is the Bitcoin bull run over?

Postby saxitoxin on Sat Feb 19, 2022 8:27 pm

If you want to privately and securely donate to the truckers (or buy an RPG, or manage a human trafficking ring, etc.) get a Samourai wallet, then load it with Bitcoin that you buy in cash from an ATM. When you go to the ATM, wear a mask, hat, and sunglasses and get the cash for the transaction at a different ATM somewhere else first. Transfer the Bitcoin then discard the wallet and never use it again for anything else.
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Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Sat Feb 19, 2022 11:11 pm

saxitoxin wrote:If you want to privately and securely donate to the truckers (or buy an RPG, or manage a human trafficking ring, etc.) get a Samourai wallet, then load it with Bitcoin that you buy in cash from an ATM. When you go to the ATM, wear a mask, hat, and sunglasses and get the cash for the transaction at a different ATM somewhere else first. Transfer the Bitcoin then discard the wallet and never use it again for anything else.


So if you really just want to straight launder coins onto a clean wallet, the first place I'd look is tornado cash. (https://tornado.cash/)
Anytime there is a scam in the Defi world this is generally how the scammers 'hide' their stolen funds.

On the flip side once you have your non-KYC'd funds 'distributed' to wallets and give those to the truckers can go to any number of bitcoin atms in ottawa, and turn their bitcoin back into 'toonies' (anonymously) and go get chili bread bowl at timmy ho's

The issue with the torando cash, or bitcoin atms is you are losing about 20% value in each transaction, so 40% here in total... but that's the going rate for fiat laundering. The real people getting rich over this is gonna be companys like https://bitcoindepot.com/
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Re: Is the Bitcoin bull run over?

Postby saxitoxin on Sat Feb 19, 2022 11:46 pm

mookiemcgee wrote:
saxitoxin wrote:If you want to privately and securely donate to the truckers (or buy an RPG, or manage a human trafficking ring, etc.) get a Samourai wallet, then load it with Bitcoin that you buy in cash from an ATM. When you go to the ATM, wear a mask, hat, and sunglasses and get the cash for the transaction at a different ATM somewhere else first. Transfer the Bitcoin then discard the wallet and never use it again for anything else.


So if you really just want to straight launder coins onto a clean wallet, the first place I'd look is tornado cash. (https://tornado.cash/)
Anytime there is a scam in the Defi world this is generally how the scammers 'hide' their stolen funds.

On the flip side once you have your non-KYC'd funds 'distributed' to wallets and give those to the truckers can go to any number of bitcoin atms in ottawa, and turn their bitcoin back into 'toonies' (anonymously) and go get chili bread bowl at timmy ho's

The issue with the torando cash, or bitcoin atms is you are losing about 20% value in each transaction, so 40% here in total... but that's the going rate for fiat laundering. The real people getting rich over this is gonna be companys like https://bitcoindepot.com/


Yeah, that's the problem. I pay like a 12% transaction fee at RockitCoin ATMs. Plus there isn't really one that's convenient to me, I have to drive for like 20 minutes to get to this gas station that has one. Ideally, I'll get a large tranche of coins that I get a Venezuelan to load onto it and then just shoot the guy after he transfers them. But of course I can't get to Venezuela now because of COVID-19. :x Plus, with my luck, he'd seduce me and I'd end up living in some fishing hut in Valle de la Pascua. FML.
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Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Sun Feb 20, 2022 1:11 am

saxitoxin wrote:
mookiemcgee wrote:
saxitoxin wrote:If you want to privately and securely donate to the truckers (or buy an RPG, or manage a human trafficking ring, etc.) get a Samourai wallet, then load it with Bitcoin that you buy in cash from an ATM. When you go to the ATM, wear a mask, hat, and sunglasses and get the cash for the transaction at a different ATM somewhere else first. Transfer the Bitcoin then discard the wallet and never use it again for anything else.


So if you really just want to straight launder coins onto a clean wallet, the first place I'd look is tornado cash. (https://tornado.cash/)
Anytime there is a scam in the Defi world this is generally how the scammers 'hide' their stolen funds.

On the flip side once you have your non-KYC'd funds 'distributed' to wallets and give those to the truckers can go to any number of bitcoin atms in ottawa, and turn their bitcoin back into 'toonies' (anonymously) and go get chili bread bowl at timmy ho's

The issue with the torando cash, or bitcoin atms is you are losing about 20% value in each transaction, so 40% here in total... but that's the going rate for fiat laundering. The real people getting rich over this is gonna be companys like https://bitcoindepot.com/


Yeah, that's the problem. I pay like a 12% transaction fee at RockitCoin ATMs. Plus there isn't really one that's convenient to me, I have to drive for like 20 minutes to get to this gas station that has one. Ideally, I'll get a large tranche of coins that I get a Venezuelan to load onto it and then just shoot the guy after he transfers them. But of course I can't get to Venezuela now because of COVID-19. :x Plus, with my luck, he'd seduce me and I'd end up living in some fishing hut in Valle de la Pascua. FML.


Transaction fees + really bad exchange rates ugh. The place near my house has black tape over the camera that the shop owners 'installed' to make their customers feel more comfortable.

You could consider other options... find an online casino that accepts deposits in crypto (perhaps one that operates a gaming license not based in north america). Generally when they send cashout payments they only do it to clean wallets.
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Re: Is the Bitcoin bull run over?

Postby The ram on Sun Feb 20, 2022 3:43 am

I'm not into all these crypto currencies, I'm a dying breed that likes cash.

Anyway, yesterday morning in the gym I got talking to an Italian fella. We were talking about skiing, he told me that he used to often go to Switzerland to ski. I have never been to Switzerland and asked him what the border control was like, what with Switzerland not being a part of the EU. He told me that its fairly lax with the odd spot check mainly looking for people smuggling meat into Switzerland. As the taxes on meat in Switzerland are extortionate.

This got me thinking. Seeing as in the future, humans will be forced to be vegan 'to save the planet' just imagine what a sirloin steak, a glass of milk or a bacon sarny will be worth. The future gangsters will be dealing in Livestock rather than drugs.
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Re: Is the Bitcoin bull run over?

Postby saxitoxin on Sun Feb 20, 2022 12:43 pm

Nunchuk just posted their reply to the RCMP. The RCMP got a Superior Court warrant ordering Nunchuk to freeze crypto assets and turn over user information for any of their users who have posted criticism of Justin Trudeau to social media (but, most specifically, they appear to be going after the HHH wallet which is holding the bulk of protester assets and is accessible through a multisig in which the three keyholders have already fled Canada and gone into hiding to avoid being tortured into surrendering the keys by Trudeau agents).

https://twitter.com/nunchuk_io/status/1 ... 7577271299

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Re: Is the Bitcoin bull run over?

Postby mookiemcgee on Sun Feb 20, 2022 1:31 pm

saxitoxin wrote:Nunchuk just posted their reply to the RCMP. The RCMP got a Superior Court warrant ordering Nunchuk to freeze crypto assets and turn over user information for any of their users who have posted criticism of Justin Trudeau to social media (but, most specifically, they appear to be going after the HHH wallet which is holding the bulk of protester assets and is accessible through a multisig in which the three keyholders have already fled Canada and gone into hiding to avoid being tortured into surrendering the keys by Trudeau agents).

https://twitter.com/nunchuk_io/status/1 ... 7577271299

Click image to enlarge.
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lol boomers
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