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    Is the crypto winter over?

    Me too. I literally have 80% of all my meagre wealth in various forms of bitcoin. I finally even sold over 90% of my silver over the past few months, and am up nicely on that decision since I was buying BTC and selling silver when BTC was in the 30's. The silver did nothing for me in 10...
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    Open Source AGI by the End of the Year? Yeah, Says Zuckerberg

    If AGI comes to life, and its programmed in such a way as to be beneficial for humans, I wonder if it would conclude that social media is the root of a vast array of problems that humans face today and hence suggest that companies like Facebook should in fact be dismantled. How ironic would it...
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    IMF warns AI to hit almost 40% of jobs worldwide , nothing so see here, move along!!!!

    I remember reading years ago that low skilled workers were going to suffer most from the coming AI wave. But now from what I read, its actually the higher paid tech workers than need to worry, and there certainly have been lots of layoffs in the tech world. I'm sure the robot is coming, and in...
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    Is the crypto winter over?

    Funny you say this cause I just saw this post today...
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    Alt Coins 5x-100x Rumors and Ideas

    I'm sure we would all love to go back to when SOL was $2 and buy it for 100x move, but I'm not sure if that will happen in this cycle. The market seems more mature to me now, although this is my first cycle, and given the the economic background, I just don't see the wreckless pumps like in 2020.
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    Alt Coins 5x-100x Rumors and Ideas

    I think the lower you go, the more of a shotgun approach you need. There is no way to really know which project makes it, so you have to invest in dozens. But if you want to check out CTO Larsson, he has coded up a great project that tracks all coins and you can get alerts for the ones that are...
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    Is price movement really random and unpredictable?

    I have always wondered at what point does one action in the market prevent an algo from not doing what it is programmed to do. We all have our own reasons for why we exit a trade perhaps. For some it might be one big red bar, bigger than the green bars going up, or perhaps once price breaks a...
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    Bitcoin is a "ponzi by proxy"

    Honestly, this is overall a net positive. Of course people having their bitcoin stolen is bad, but what it means is that governments recognize the value of bitcoin and recognize that fiat is dead. If they cannot just print fiat and have that save the system, which is what they always did, but...
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    Bitcoin as a unit of account

    Is that so? Ok.. tell me what inflation is. Tell me what it means when central banks say that they target 2% inflation. What they are saying is that they want my purchasing power to go down by 2% every year. More than this, and people revolt. Inflation is just a tax. If there was no...
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    Bitcoin as a unit of account

    If bitcoin was to replace National currencies, or if bitcoin was used to back national currencies, then governments would effectively lose their ability to steal from the public. So I can certainly understand how this is the last things governments want to do. But if that currency goes to...
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    Bitcoin as a unit of account

    Ok. this is the biggest joke I have ever read on this forum. You're trying to tell a bitcoiner that they need to study money in depth??? Are you aware of the many books that Bitcoiners have written about the history of money? Correct. A national currency needs to offer a corrupt government...
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    Bitcoin is a "ponzi by proxy"

    That is an excellent post from Nic and makes a lot of sense. Plus, how much work is going to be involved in managing this ETF? Since none of these issuers, other than Vanguard, is going to custody the bitcoin, then I just don't see where the costs are, other than administrative. Imagine being...
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    Bitcoin as a unit of account

    Good explanation here as well!!!
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    Bitcoin as a unit of account

    I read the best explanation of this. The theory goes that someone apparently owed Craig Wright some money, and since Craig claims that he is Satoshi, the sender assumed that Craig would just be able to spend it himself since he should have the keys to that address!!!! Absolutely brilliant.
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    Is the crypto winter over?

    To be honest, I also view this as bullish. There is that first push down, and subsequent tries couldn't even break the first low. Now the longer it takes, the more it worries me, but its just how I view it. On a slightly different tangent, I watched a great video yesterday with a guess named...
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    one-offs

    Wow, I wasn't expecting such an honest and raw reply. Sorry to hear about your losses. So if I may ask, does this change how you plan to interact with people in the future? Don't get me wrong, I'm not saying you should, and you will of course do what you want to do, but it almost feels like...
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    one-offs

    Holy crap... talk about a New Year's resolution. I don't think I've ever seen you go this soft! LOL... Now don't get me wrong, most of the time you're fighting with idiots so there is no need for apologies, and I have no understanding of this current melee, but wow, to read you write that...
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    Crypto Macro Trends for 2022

    John, I was watching a video with Arthur Hayes and he mentioned how he was already out of SOL. Apparently he would get back in if it drops $40-50. I'm honestly amazed at how much of a pump and dump operation this guy is running. Is this even legal??? He probably has no ties to the US so...
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    Is it time to buy GOOG? They're back with Google Gemini AI

    Their intro video was later revealed to be fake... https://www.cnbc.com/2023/12/08/google-faces-controversy-over-edited-gemini-ai-demo-video.html
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    Crypto Macro Trends for 2022

    I think about this as well. I don't think I will sell my sats that I have in cold storage, but I have been building up exposure in the ETF here in Canada, and also the 2X leveraged futures ETF BITX. These of course can't be traded outside of market hours, so that sucks, but since they are in a...
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