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Bitcoin technical analysis

  • #8,361
  • Dec 23, 2020 12:53pm Dec 23, 2020 12:53pm
Inflation is very possible in a bitcoin ecosystem, but a financial illiterate wouldn't know that

Simply because there are other serious causes for inflation, not only monetary expansion by central banks.

Again, this NK pathetic financial crypto moron wouldn't konw that
Member
  • #8,362
  • Dec 23, 2020 12:56pm Dec 23, 2020 12:56pm
The most of the crypto shills are financial illiterates and greedy stupid investors
And it shows
Just look at this NK moron !
Member
  • #8,363
  • Edited Dec 24, 2020 10:49am Dec 23, 2020 1:50pm | Edited Dec 24, 2020 10:49am
Not-KPMG is sad..


Not-KPMG don't read schmuck language of Tupor





But I imagine it goes Biiiiiitcoin baaaaaaaaaaaaaaaaaaaaad




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Updated by popular demand

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Beware of robber banks (RB), bad advisors.
  • #8,364
  • Edited Dec 24, 2020 12:49am Dec 23, 2020 2:54pm | Edited Dec 24, 2020 12:49am
If you guys are not sure about bitcoin, you can tell for sure that those bitcoin shills are liars.

- They say banks are ...centralized. Woah, that's criminal, isn't it ? Well, how about mining pools ...are they centralized ?

- Banks print?... excuse me, WTF miners are doing exactly ??? Creating crypto-shit out of the blue ??? Extracting codes out of expensive electricity ??? Well, that's something... awsome trick !

- Banks power, we desperately need for more financial freedom... What about crypto oligarchies, crypto loan sharks gangs, new hefty fees...?

- They say "no middle man!", ...well, whale speculators and market makers, miners, exchanges, exchange networks such as Visa, hackable device interface, nodes, watching towers... they are all between you and the blockchain ...and they are not quite trustless

- Safety ??? What about vulnerability to the 51% attacks because of disproportionated undiversified ownership in bitcoin ? ...not to mention Mt Gox kind of risk

- Transactions anonymity, ..cooool, let's imagine a global world where people don't need an identity card ...suuure, it's a total different thing, ...well, is it ?

- Electric power supply..... globally...

Crypto shills are hypocrits and lie about everything
Member
  • #8,365
  • Dec 23, 2020 2:54pm Dec 23, 2020 2:54pm
Quoting Not-KPMG
It's a sad day, when the big liars Tupor and Hootch don't make appearance to lie some moooore You think they ran out of lies Bitcoin baaaaaaaaaaaaad {image}
Talking about liars we are still waiting for your bitcoin chart that shows a $900 gain when everybody else's charts show a gain of $600. If you were not lying post the chart ... if you were lying no need to do anything since we are all smart enough to detect a lie

You stated that you wouldn't come back to this thread until bitcoin was up to $25,000. Was this a lie also? No need to answer that we all know

Sad that you always forget what you posted after a few minutes due to your micro brain This is also why you keep posting stupid pictures over and over again
  • #8,366
  • Dec 23, 2020 3:01pm Dec 23, 2020 3:01pm
BTW, I've said it for a million times that bitcoin can't die
Oh, yes, I only tease those crypto crackheads here and there, I like how they pop

Although fundamentally vicious, bitcoin will never die, bitcoin will remain a marginal shit pool for rebels and iditos.

What, casino chips died ??? They never die !!!
They keep them for those addicted fucks !

The same with bitcoin... anarchists, evaders, criminals, terorrists, guns, sex, drug dealers... A wonderful world of toooo many versions of darkweb
Member
  • #8,367
  • Dec 23, 2020 3:02pm Dec 23, 2020 3:02pm
Quoting not-kpmg
not-kpmg is sad..
تلحس بخشي
  • #8,368
  • Dec 23, 2020 3:07pm Dec 23, 2020 3:07pm
What's that ? Arabian for Not-KPMG is drunk ...again ?
Member
  • #8,369
  • Dec 23, 2020 3:15pm Dec 23, 2020 3:15pm
Quoting TudorIoan
What's that ? Arabian for Not-KPMG is drunk ...again ?
Yep it's Arabic and describes an action that NKPMG could do if he was lucky. In your language it could be roughly translated as linge-mi gaura fundului.
  • #8,370
  • Dec 23, 2020 3:19pm Dec 23, 2020 3:19pm
Quoting Hutch
{quote} Yep it's Arabic and describes an action that NKPMG could do if he was lucky. In your language it could be roughly translated as linge-mi gaura fundului.
LMFAO
Member
  • #8,371
  • Dec 23, 2020 4:20pm Dec 23, 2020 4:20pm
I guess that Bitcoin is back to its old days of going up and down a little every day as it lost $137 today.
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  • #8,372
  • Edited Dec 24, 2020 12:39am Dec 23, 2020 11:07pm | Edited Dec 24, 2020 12:39am
Sure crypto is a honeypot for criminals. There is no doubt about that

Cash lives a physical trail or digital trail down to the tax evader or drug dealer's location, identity.
Crypto... hardly do that.

Crypto facilitate crime by design.

...but morons like McAfee or nkpmg are too dumb to cover their asses
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  • #8,373
  • Dec 24, 2020 2:01am Dec 24, 2020 2:01am
Quoting TudorIoan
Bitcoin can't scale. So it's very possible for bitcoin to crash deep again.
you didn't watch the video. I agree actually bitcoin is not money and its not scalable. However this does not negate its benefits and other forms of crypto that can satisfy those classifications. Bitcoin itself is just store of value and information. LN tries to bring properties of money to it but it won't really solve the problem, however I can see interbanks using this stuff and helping cut costs down. CB's will denominate new debt based on their holdings. Its a brave new world.
  • #8,374
  • Edited 4:42am Dec 24, 2020 4:19am | Edited 4:42am
Quoting sidhujag
{quote} you didn't watch the video. I agree actually bitcoin is not money and its not scalable. However this
does not negate its benefits and other forms of crypto that can satisfy those classifications. Bitcoin itself is just store of value and
information. LN tries to bring properties of money to it but it won't really solve the problem, however I can see interbanks using this stuff
and helping cut costs down. CB's will denominate new debt based on their holdings. Its a brave new world.
That sounds a little more reasonable, totally agree on the store of value, but what about the other vulnerabilities of bitcoin ?
Off-chain solutions hardly can help.
Actually, other crypto cannot make it better because of the trilemma which is an obstacle too difficult to overcome.
They violate one way or another the crypto philosophy.
And I think you are not Ruja Ignatova to claim that you are too big so YOU can decide what the crypto philosophy is, ...or are you ?

Even if other crypto will manage somehow to capture the attention with better scalability, I think CBDCs are way much easy to pass the test of speed and stability.
Zero competition in building blocks can bring speed and exchangeability at very low costs.

Although the CBDCs are flagrantly violating crypto philosophy (lol), and regardless crypto rebel smart thinkers' oppposition,
CBDCs still are "the bad cheaper money" overall, and there you have Gresham's "natural selection" to work on something.

Gresham's law can operate in reverse only in the wild chaotic political regions where legal tender laws are no longer existent or they don't matter.
Bitcoin can serve there as a refuge for the internet connected folks ...but even there the CBDCs would be even more accesible via internet, so...

So far money properties for the powerful blockchain data it's just a desideratum.
A hope for a future better solution, yes, but nothing concrete solid.

That's why it's weird how you can imagine the CB's not being aware now of that their sheets will have to rely on some dubious (I'm not really saying definitely rotten) components.
... I rather think they will wake up and dismiss the "rotten thing" ...so I hardly buy this "brave new world"

This is only my opinion.
Cheers
Member
  • #8,375
  • Edited 4:51am Dec 24, 2020 4:34am | Edited 4:51am
Oh boy

How many lies





Good old Tupor and Hootch
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Beware of robber banks (RB), bad advisors.
  • #8,376
  • Dec 24, 2020 4:36am Dec 24, 2020 4:36am
Quoting Not-KPMG
Oh boy How many lies Good old Tupor and Hootch
Guten morgen to you too, asshole !
You know we missed you, doncha !

Terrible hangover, ..ey ?!?
Cheers, MOFO !
Member
  • #8,377
  • Edited 6:13am Dec 24, 2020 4:42am | Edited 6:13am
Quoting sidhujag
{quote} you didn't watch the video.

I agree actually bitcoin is not money


and its not scalable.

.. a brave new world.

Hi bud


He's deaf and blind mouse. How can he watch movies




Sooo

Bitcoin is not money????

Last I checked Bitcoin is meeting the definition of money.
Am I wrong?


Bitcoin is destroying the bank liars model
Sooo money????





Bitcoin is what?? Not scalable ??
That doesn't stop thousands.... Nay... . millions of smart people using it


What I may say it's not scalable ENOUGH for the average Joe


So Joe Banana won't buy coffee with layer 1 Bitcoin ?? Use the LN part of Bitcoin  Cheap. 1 cent fee.

Sue me


.....
I'm disappointed in you Jag.. .


Using your bad logic -.
You say Ferrari and Bugatti are not cars?? .
Average Joe can't afford one

Right

LMAO.

Bugatti is not scalable enough


Boom.
Beware of robber banks (RB), bad advisors.
  • #8,378
  • Dec 24, 2020 4:47am Dec 24, 2020 4:47am
Quoting Not-KPMG
Sooo Bitcoin is not money???? True, last I checked Bitcoin is not meeting the definition of money. Am I wrong? Bitcoin is what?? Not scalable ?? That doesn't stop thousands of fools to get lured today by low fees, they are not aware that globally this thing is shit.... Always using mybad logic -. Then Ferrari and Bugatti are not cars, Jeez, I'm so stupid . Average Joe can't afford...
You MOFO talk to yourself, sidhujag knows damn well that your off-line LN is a fuck up

You ridiculous cryptomonky to booohyah !

BITCOIN BOOOOM!

Member
  • #8,379
  • Dec 24, 2020 4:59am Dec 24, 2020 4:59am
Just look at these dumb fucks !
Not-KPMG is doing a bad job with his tongue in my ass... but these guys...
Everytime they show up it feels like they are licking my balls !
Whoooop, whooop!

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  • #8,380
  • Dec 24, 2020 5:02am Dec 24, 2020 5:02am
Quoting Hutch
{quote} Talking about liars ...............Sad that you always forget what you posted after a few minutes due to your micro brain This is also why you keep posting stupid pictures over and over again
Told you, this nkpmg micro-brain need to mention size !
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