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  1. johnarb

    A ‘crypto winter’ freezes hiring at Coinbase and Gemini

    Read the book "The Bitcoin Standard" and "Layered Money" and you won't have to worry about doorstops Well, I'm so glad the value of Bitcoin is not up to you https://coinmarketcap.com/currencies/bitcoin/markets/
  2. johnarb

    A ‘crypto winter’ freezes hiring at Coinbase and Gemini

    Tell me about it. Same investors in tech stocks are also invested in BTC and cryptos, and they are all selling everything, some because of margin calls, others because of fears and wanna go to cash and sidelines
  3. johnarb

    A ‘crypto winter’ freezes hiring at Coinbase and Gemini

    Everything you said is related to the current situation of the global stock market and economy in general the Fed is raising rates and removing liquidity, thus all risk assets kaput But if something breaks, another (monkey pox or covid) pandemic which requires lockdowns and stimulus for...
  4. johnarb

    Miners are struggling to make a profit

    You don't know the state of the Bitcoin mining decentralization, but it's ok I don't follow the Etherum development as closely as you do, fwiw, I do not hate Ethereum, but can't say I like PoS but it won't make a difference since I'm not part of the Ethereum Foundation, Vitalik and friends I...
  5. johnarb

    Chipotle Now Accepting Cryptocurrency Payments

    Breaking News: Chipotle is not accepting Credit Cards, they announced earnings and not a single mention of owning billions of Visa and MC cards from revenues
  6. johnarb

    A ‘crypto winter’ freezes hiring at Coinbase and Gemini

    Bear market is not that bad yet and not enough time has elapsed Everyone expects it to get much worse and the bear market to last another year or 2 Jan/2014 to 3rd Quarter/2016 from BTC price of $1,200 to a bottom price of $150 Jan/2018 to March/2020 from BTC price of $20,000 to a...
  7. johnarb

    Miners are struggling to make a profit

    Bitcoin core believers will never switch to PoS but core devs will support any person or group or team that wants to fork Bitcoin and issue a PoS version It's been a while since BTC got a free airdrop of fork coins Ever heard the saying JPow cannot print more oil or wheat or chips to fight...
  8. johnarb

    A ‘crypto winter’ freezes hiring at Coinbase and Gemini

    The rode to Bitcoin heaven is very difficult, even if you started on the right path, could still end up in (BSV) hell https://web.archive.org/web/20110608132715/http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity
  9. johnarb

    A ‘crypto winter’ freezes hiring at Coinbase and Gemini

    It's all good, we gotta have fun, may be a long bear market in all markets, buckle up, and let's hit the road, Jack :thumbsup::cool:
  10. johnarb

    A ‘crypto winter’ freezes hiring at Coinbase and Gemini

    You're correct that crypto believers are winners and confirms that you're a loser Jack(off)!! :D
  11. johnarb

    A ‘crypto winter’ freezes hiring at Coinbase and Gemini

    Crypto Winter is here!! (has been here for a few months) Hope everyone's prepared for this, coz it may get a lot worse before it gets better... there will be lots of opportunities when it hits rock bottom Good luck to all crypto believers and hodlers!! This too shall pass...
  12. johnarb

    Chipotle Now Accepting Cryptocurrency Payments

    There are no penalties or any expectations from running a Bitcoin LN node. You can shutdown or come back online anytime. Just like running a regular Bitcoin node The transactions occur on the Lightning Network (L2) and not on the main Bitcoin blockchain This guy is Canadian and has a lot of...
  13. johnarb

    Chipotle Now Accepting Cryptocurrency Payments

    You meant El Salvador, right? Bitcoin Lightning Network is instant and the fees can be less than a penny (charged in satoshis) https://getumbrel.com/ If you run a full Bitcoin Lightning Node, you earn some of those fees. Nothing to write home about, I've been running one since last year but I...
  14. johnarb

    El Salvador to host 44 countries to discuss Bitcoin

    https://elsalvadorinenglish.com/2022/06/01/el-salvador-received-521000-tourists-in-the-first-quarter-of-2022/ El Salvador received 521,000 tourists in the first quarter of 2022 During the first quarter of this year, El Salvador received 521,000 tourists who left income of more than $352.7...
  15. johnarb

    Chipotle Now Accepting Cryptocurrency Payments

    If was a true Bitcoin Lightning Network payment (i.e. partnership with Strike App), the merchant pays no fee and the customer pays a few basis points spread commensurate with BTC exchanges. There's also no charge-backs. No CC network interaction, all fiat conversions are handled by Strike I...
  16. johnarb

    Celsius DeFi ponzi collapsing

    What stars?? I see the word *******e If you're seeing stars, you may have your kid's filter on. Go on the profile and it's under privacy settings
  17. johnarb

    Celsius DeFi ponzi collapsing

    I have no problem trading the worst insults with the ET posters I do not respect I have a lot of emotional struggles when I'm pushed to acting like a total ****e to the ET posters that I have a lot of respect for and it goes without saying which one you are Your kind advice is accepted with...
  18. johnarb

    Celsius DeFi ponzi collapsing

    I'm ok paying the taxes, don't want to go to jail. It's surreal having so much in the bank I never imagined I could have. It's also surreal to see IRS take that much a few days after filing To be honest, I feel relieved as it was causing me anxieties before filing taxes Those were returns...
  19. johnarb

    Celsius DeFi ponzi collapsing

    I'm sorry for responding harshly on a couple of posts, deaddog I consider myself a portfolio manager since I manage our crypto portfolio investments Managing the crypto assets portfolio dictates having to sell cryptos which could involve BTC's according to many factors, some of which is for...
  20. johnarb

    Celsius DeFi ponzi collapsing

    Over $500K not $500K :banghead: It was bad, you can see a post to savoir that I paid 6 figures $ amount to the IRS state and federal. The first number is not a 1 Other than that, can't disclose for privacy reasons, lol
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