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@Laissez Faire Since your very good with your stats, driving that Bitcoin has always come back after dropping 70-90%, isn't think 16k an excellent entry? Yes, I can hit 10k, or maybe lower, but the past 4-5 cycles show it always comes back. Conversly, each fiat throught history has...

I also believe that @virtusa didn't make an actual call. If I felt as confident as he did about his calls, there would be a short trade there. Seriously, if you are right 80% of the time, you should be worth at least $100 million... But I doubt he is. I would like to see him call the bottom...

You're nothing but a broken record, repeating the same garbage every time. The value is only what someone else will pay for it. Value projections are just guesses, and companies often get it wrong. Future cashflow isn't guaranteed either. So lets just assume the way to value something is...

Most podcasts that I watch, who have miners as guests, say none of them want to sell their bitcoins. The problem is they use loans to pay for expenses and use the bitcoin as collateral, so they might be forced to sell at one point. But the general consensus is that these guys know exactly...

God, you people make me sick. You claim to do all this research, but if you come up with no compelling evidence, I have to conclude that you either didn't do any research, or are incapable of understanding. Lets just tackle one point. You seem to think that you can create an infinite supply...

Yes, this is something that I came to learn as well. Once I found out that my Trezor needed to use the Trezor node, privacy kind of goes out the window. This is why a few months ago I asked the question about how to hook up my Trezor to my own node that I had setup on a separate computer. Now...

I think its essential to be honest. You kind of want the worst that can be thrown at bitcoin and see how it fares. Cars go through all sorts of crash tests.... and so do helmets, and so do bullet proof vests, etc. If someone wants to start a project to take down bitcoin and throw as much...

Thanks for the copy and paste. I notice it's from 2017 so I'm curious about the updates. Will be checking out their website!

Be realistic. It's 2022. Are u telling me you can't use any large exchange today and buy Bitcoin and transfer it out in 20 minutes with practically zero risk? Try just $100 to see if it works. Then do a larger amount. The fact that you hold this Bitcoin yourself in cold storage is...

I will explain the rationale for my thinking. 24 words gives you the private key. If you use a passphrase on a hardware wallet, it gives you a totally different private key. It seems safer, because you need both the 24 words and the passphrase. But if this new private key is simply something...

Darn, can't read that article from Fortune since it's behind a paywall. Do you think I am right in assuming that a multisig setup dramatically increases security and reduces the chance of a collision? I've seen enough info on quantum computing that it's still very far away from being a thing...

You only need to trust an exchange for 20 minutes to take your money and transfer out your bitcoin to your hardware wallet.

I didn't actually know this and find it very interesting. And even though @destriero points out the addresses are inactive, this is no way means they are inaccessible. Of course logistically, its doubtful he kept such good records that he would have keys to all of these addresses, and...

The problem I have with Fibs is that there are many different swing points to use. Sometimes you can use the overnight low to start draw from, or sometimes the low after the open. So now you have two ways to draw a low. Then you maybe see some obvious high 30 mins or 1 hour after open, so you...

It was the PMI Composite Flash. Numbers were bad, so I guess markets go up! LOL https://us.econoday.com/byweek.asp?cust=us

Its funny because I almost take the opposite view. If it drops to 1k, I wonder how much damage would already be done. With about 19 million coins out there, at 1k, the market cap will be only 19 billion, and I wonder who would still take is seriously. The more important metric in my opinion...

And imagine how epic it might be if people actually want to hold their own keys. Seeing at FTX had 80k bitcoins on their books that they didn't actually buy from the open market, the price of bitcoin was suppressed. I don't know how exchanges work and how they can guarantee you a price for a...

This is the part I have a problem with. How can an investor demand anything? If you don't like the rules of the game you're playing, don't play the game. I realize that GBTC at one point was perhaps the only way for an institution to get exposure to bitcoin because they couldn't hold it...

I did read a good counter argument to showing the addresses, it would reveal where all the funds came from to these addresses, and there is perhaps sensitive information there that they don't want to expose. So although I do agree that showing an address with the coins there would be helpful...

I'm fairly certain he was just being a dick.