It's the type of people that thinks water magically spawn in the tap then magically disappear once it goes down the drain. They also think power outlets magically always have free unlimited power.
1.21 metric tons of toxic waste. We need more white supremacy to save the earth.
Same here, we can learn from his mistakes and build a better BEAST
This can only mean one thing, the left, antifa and BLM plans to storm the capitol again, like they did in the summer 2020. The only accuse us of stuff they're planning to do themselves.
It's called fake news for a reason.
The fact that one province getting flooded in China brought down 52% of the network 2 days ago makes it not much of a debate anymore.
This phenomena is not very uncommon, Chinese miners tend to switch between Bitcoin and Bitcoin Cash all the time depending on which is the most profitable to mine at a specific time.
With 51% of the network controlled by one single entity it's possible to do some fuckery within the current block being mined, tho with a mining reward of $2.5M/hour, China is probably more interested in the mining profit than fucking up the chain completely which obviously would render all their expensive specially made hardware completely worthless overnight.
It also shows BTC to be far from decentralized as people think.
52% in one large Chinese region that happens to have plenty of cheap and renewable electricity. The rest is still spread across the entire world. American and European miners with a few rigs in their garage/basement won't just disappear because China's percentage grows. So it's still decentralized. Even if coins like Ethereum or Monero is better in the west.
What happens if Chinese miners decide to fork the network or maybe add 10 million more coins to circulation?
That would create a fork, just like when Bitcoin cash was created from a simple rule change. It's not the same coin even if they share a similar name and cause confusion for beginners. It wouldn't make sense if people could change the rules to whatever they want any time they want, now would it?
If this narrative continues, western govs may come down hard on BTC with regulation. Once BTC gets flipped by literally any other coin and loses #1 spot, it loses it's first mover "digital gold" advantage and due to slow speed and high fees it will become a low-ranked alt coin pretty quickly.
It's likely that other coins eventually will take over as #1, Ethereum has been close a few times. Problem is that people don't know about them yet, or that they are in fact better in terms of scaling, speed, fees, functionality, energy usage etc.
There's no logic in leftist logic, perhaps he can or he can't. People can identify as whatever they want, but black people have the right to interpret over white people. It's a damn paradox and I suppose whoever cry the loudest wins in court.
Lot's of black skin around his eyes there, this guy doesn't eat healthy. Probably takes health advice from the government or something.
Centralization and "government issued" mediums of exchange with infinite supply is the problem. Cash is just as good tool of enslavement as anything digital.
They know that they can't beat crypto, "if you can't beat them join them". The problem here is that fiat currencies has always had a mechanism for self destruction which they can implement at any time they want, simply blaming "incompetence" and find a few people to throw under the bus.
The great reset won't allow the slaves to have currency at all, it'll be social credit, just like China, and it makes perfect sense to build such system as a decentralized app on top of existing cryptocurrencies. Because by doing so they lower their operation costs and reduce the number of attack vectors.
Here's the thing tho, it's important to understand the difference between a cryptocurrency, a decentralized app, and blockchain. While the social credit system will likely be a decentralized app (as M$ patents suggest) cryptocurrency will still be something different.
Someone still needs to operate nodes and miners, and the deep state would still have to pay the transaction fees, all of that will be in cryptocurrency. I'm guessing that we'll get a new type of middle class, one that officially doesn't exist outside the black market, these will be the people who invested in cryptocurrency early and have lot's of "black market funds".
It'll be like a symbiosis, the middle class will live a bit more luxury than the slaves but won't have much power to resist just like the slaves, because if they do resist the deep state would just kill them. Same principle as Bidens child sex trafficking camps at southern border, people who work there know what's going on but won't talk to the media because they need the money from their job.
It's more like netflix (bank) vs thepiratebay (crypto). Say you wanna watch a classic series which is great, then the government decide to censor a few episodes you haven't watched yet.
Now the whole series is ruined if you can't watch all the episodes uncensored. If you watch them on netflix then you're fucked, because the only centralized source wont allow you to watch the censored episodes.
If you got it from thepiratebay tho you would have a local backup of everything and the government would have to physically visit your house, and thousands of others and physically destroy your storage devices in order to censor the politically incorrect episodes.
The key here is centralization vs decentralization. Same thing applies in real life too and it doesn't matter if something is digital or physical. In fact let's take an example, say that you have 1 car only, if that one breaks down you no longer have a car right. If you had 10 cars on the other hand, spread over different geographical locations then it doesn't matter if a few of them is trashed, you'd still have cars and you could still travel from A to B.
Social credit is more likely than FED coin. They would never release a currency without infinite supply as such currency wouldn't allow them to rob people of their wealth. And after a dollar/euro crash no one would trust a fiat currency again.
Social credit on the other hand could have the same properties as crypto, limited supply which makes it scarce so that people want to save it. Social credit would be useless to the elite tho as they'll stay in their own isolated space far away from the pleb.
It would also be unaffected in a depopulated world unlike fiat which is severely affected unless there's a constant growth. I mean just look at the "green" movement, why are they never criticizing fiat? the biggest threat to the environment as it encourages over consumption.
It's almost as if they want people to stick to fiat and fall with it only to be forced into the new social credit system as there are no other choices.
As long as people buy the real thing, educate themselves on how it works, install a local open source wallet and have proper backups for that. Then the price will continue to go up.
For gold and silver people tend to buy fake gold/silver certificates instead of the real thing, which is just a fraction of the reserve and not real, that allows scummy bankers to sell fake gold and get away with it. Keeping the price far lower than it should be.
Another advantage of crypto is the fact that it's mostly traded to and from fiat, as fiat goes down due to inflation crypto goes up naturally just because of the supply diff.
If law abiding citizens carried guns there wouldn't be any need for a massive police and military industry, and without that the government wouldn't be able to oppress law abiding citizens, using criminals as the problem for their problem -> reaction -> solution setup.
I mean it's the same principle with healthcare, if all citizens knew the basics of healthcare and how to live healthy, there wouldn't be much need for hospitals and medicines. See how this works.
Yep, and for some reason we're the bad guys. Honk honk 🤡
This is a bit like complying, doing what your enemy want you to do because either way they'll force you into slavery. You either go into slavery with a stash of untraceable wealth that can be used on the black market, or you go into slavery without it.
Crypto is not just in the US, it's worldwide and already commonly used in many shithole countries where the local currency has already failed into hyperinflation.
Another advantage with crypto is that you can easily bring it over the border if you ever have to escape the country.
They can't regulate it no matter how loud they bark about it, just look at pirate movies served over torrent networks. In over 20 years they haven't even managed to shut down thepiratebay.
What else would you invest in to preserve your freedom? guns and ammo? in that case are you ready to use it when shit hits the fan?
As long the the underlying tech is unaffected, which is always the case with crypto then yes. For stocks it's a good idea to check what happened to the company and take into consideration if they could possibly recover from the crash.
but i would love to see a couple purple hair leftys loose their ass
Oh they will :) Lefties don't understand the true purpose of crypto, i.e censorship resistance and freedom. They buy in at the top because it's trendy in a time when MSM is writing about it all the time. Then when a small crash like this comes, they panic sell which increase the size of the crash a bit.
Trust me, when they wake up they will cry to their friends about "the crypto scam", and MSM will fire up their propaganda machine and blame Trump for the crash. This ain't the first time, and certainly not the lest time. I'm buying in now with stop loss below. Crypto gains always feels better with liberal tears.
Nobody mines Bitcoin on GPU's. Prices must go down at least 90% for at least a few months for the mining profitability to reduce enough to cause a crash in the tech market.
China will be the first one to fall because they're the biggest user of ASIC chips which can literally only do SHA256 hashing and nothing else. GPU's at least have many other purposes, and many decentralized apps have "rainy day funds" to keep their operations going even in the event of a market crash.
Corrections after the 25% gains during last week. Basic physics, what goes up must come down. On the plus side the price is now stable at bottom support and no resistance above. Once the buyers start to buy in again we may se new ATH's.
Nobody knows, but don't trust fake news media, they're just chasing clicks on this dip trying to put the blame of people they want to discredit or unrelated events.
This typically happens because of resistance, a large amount of limit sell orders being placed at a certain level, say $65 000/BTC, then when the BTC price goes up fast, fewer people buy in, hence no underlying support (limit buy orders). Those that exist are not placed at $60 000 but rather lower, like $50 000, which means there's support at $50 000 but no support at $60 000.
So when the price finally hits $65 000, the massive sell order triggers, and the liquidity is low, which causes the price to drop all the way down to nearest support level, which was probably around $50 000.
What happens now is that the resistance is gone, and the price is at support level. It's been two hours since the crash and the price is already way up from bottom support. If you're looking to invest now is a great time, but apply common sense, don't invest more than you can afford to lose and have a stop loss order right below your purchase price, just in case it breaks support level and goes down further.
Reminds me that they haven't shot a prime minister from the socialist party in a few decades now, perhaps now is a good time. The only good pedophile is a dead one.
Tarmac and feathers.
I'm sure there's some old law somewhere that still applies and direct what to do about scams using bartering as medium of exchange. That's what cryptocurrency technically is. An item is being sold but not delivered.
It's possible, we know that robin hood are scammers, and if they're talking about "issues" it's very likely they sell fake dogecoin. Crypto trading is simple, it's just buy and sell orders being matched. Hence there should be no issues.
People who bought dogecoin should immediately transfer to a local wallet. Not your keys, not your coins.
Wait a minute, don't be too quickly to judge her, even tho she lives in the country who also happens to be Europe's biggest exporter of toilet paper, many old buildings still has a bidet in the bathroom. Maybe she don't use toilet paper. Maybe she use Biden (Yes that's the exact Swedish word for bidet) instead.