Reddit Posts
Do NOT get into pumps and dumps. They are bad and damaging not only to idiots like me, but to the community in general. They are not OK, please do not support them.
24,4% of ICO projects are dead for good
24,4% of ICO projects are dead for good
How do you fund your FIAT to Crypto?
When trading, learn to manage your expectations
Vast Bank- A Tulsa, OK bank that lets people manage their traditional bank accounts and cryptocurrency side by side. Pretty cool. Sounds like adoption to me.
Security : An easy guide on how to remain secure from theft/scam as you trade crypto.
Can we stop making fun of People who used their Crypto to buy something? Like the Pizza Guy? It's OK to take Profits!
Mentions
> Saylor is not a Bitcoiner. OK let's settle down folks.
Ah, OK. I thought it was relevant, because in the Swan video, they state, "the larger the prime number, the more security effectively you have..." I just assumed they would plug in or utilize the new prime number.
I'm going to hijack your top comment with mine: I think there's a lot at play here with the saylor dynamic. on one hand bitcoiner love to cheer on a champion for the cause. on the other, this same champion doesn't do the one thing that everyone recommends doing. Self custody your coins. And now he's actively doubting that too. people say this time is different, ETFs are regulated! blackrock is regulated! MSTR is regulated! coinbase is regulated! And yet, all the same things were said of FTX. The lesson of FTX, QuadrigaCX, Celsius, MTGOX and others is that Bitcoin is allergic to trusted third parties. Indeed, it was designed to remove them. It may not happen tomorrow, but a rug pull of these centralized third party honey pots could happen at anytime. And they have happened. Just because the honeypots are now larger and more "institutional" doesn't reduce that risk, or the risk of rehypothecation, which is dilutive to the Bitcoin float ie inflationary ie price suppressing. OK. so the above dynamic sucks. Saylor besmirching self custody while simultaneously promoting MSTR tokens sucks. "bitcoin" Influencers like adam back, samson mow and others promoting MSTR sucks. Self custody is THE mechanism that drives Bitcoin's price discovery mechanism. It's a glacial slow moving bank-walk, one sat at a time, away from third party custodians. Who inevitably create derivative bitcoin tokens that inflate the supply of Bitcoin mechanically, but not technically. This dilutes Bitcoin's price discovery mechanism. Which is why it's important to self custody. Not just for verifying you actually own Bitcoin, but to call out the Keynesians in this space trying to play central banker. The saylor worship needs to stop, the "oh but my 401K" and "but in some situations" coping needs to stop. Saylor doesn't even know if MSTR has Bitcoin. he thinks they do, but they can't verify it without taking custody, which they don't (they give their Bitcoin to coinbase & fidelity who owns it for them.) "oh but fiach! MSTR can't self custody because they're a corporation!" then how the hell is coinbase doing it? they're a corporation too. "oh, but fiach! MSTR has a fiduciary duty to it's share holders!" That's what I'm saying! the rug pull risk is far greater with a third party custodian, evidently and historically. MSTR can reduce that risk by self custodying MSTR coins among it's board members, CTO & CFO in a collaborative multisig. And as for you shareholders of MSTR token, I ask you, if saylor can't even verify that they own their coins, how can you? On another note, do you really think you have any say in how those coins are handled, given saylor is the majority shareholder? He could dilute you shares tomorrow and rug pull you legally and you'd have no recourse.
From articles it appears the argument is early adopters have an unfair advantage. OK, how is that an issue? Anyone holding from the early days took a big risk at the time, and good for them if they have significant gains. The argument just seems weak, like punishing someone who invested early in a startup. Bigger risk / bigger reward. I don’t see it as unfair just because some people recognized the potential and put their hard earned money into it. It could have gone the other way. They will hurt themselves further by opposing vs embracing the future.
If you weren't don't I think you'd be like.. OK I'll edit the post and remove the link
OK I see some replies which can also be true. But as you don't say why you are asking, so here's the general explanation: When you transact on the blockchain - like sending coins from one address to another - there is a fee that the miners charge to process your request. It''s charged in **satoshi** and based on transaction size, not the $ value. You can see average fee here [https://mempool.space/mempool-block/0](https://mempool.space/mempool-block/0) . This fee can go up and down depending what's happening in the network. A wallet or exchange could add their own fee on top of the standard miner fee. You can't withdraw Bitcoin to ordinary bank account, you would have to trade it for cash first and send cash to a bank account. The fee for sending cash is unique to each exchange so you'd have to look at their fee table. No miners are involved here because it's cash. An API fee is usually for trading using API calls to an exchange so like Binance instead of logging in and trading using their interface you can build your own trading engine, use trading bots, trade out of Excel etc. by connecting to their back-end. The service you are connecting to will have a fee table - usually a connection fee and then fees for executing trades, maybe getting price data etc. If any company or service is refusing to give you your coins or cash and asking you send more money to pay for these fees, do not do it because it is a scam. Trading fees, Blockchain Fees are deducted at the time of transaction and are not a separate thing.
I bought the bitcoin ETF in my 401K and Roth through Schwab about 2 weeks after they launched when BTC was around 45K. I threw about 15% of my retirement in. My financial advisors thought I was nuts. Made a nice return thus far. I’m prob more at 18-20% now. I would say reasonable for most ppl to go 1-5% of their portfolio. It’s a legitimate asset class that has black rock and the others into it now. It’s only a matter of time until advisers start telling people to put in 1-2%. The firm that advises me sent out a letter to investors OK’ing the ETFs for 1-2% if you could stomach the volatility. So I think for the average investor having that 1-5% is reasonable.
In case you find it useful, the U.S. House Financial Services Committee's Subcommittee on Digital Assets, Financial Technology, and Inclusion held a hearing on DeFi last month. A summary of the hearing can be found here: [https://omnipolicy.com/hearings/decoding-defi-breaking-down-the-future-of-decentralized-finance-u-s-house-committee-on-financial-services-subcommittee-on-digital-assets-financial-technology-and-inclusion/](https://omnipolicy.com/hearings/decoding-defi-breaking-down-the-future-of-decentralized-finance-u-s-house-committee-on-financial-services-subcommittee-on-digital-assets-financial-technology-and-inclusion/) Of note, Subcommittee Chairman French Hill (R-AR) and Amanda Tuminelli of the DeFi Education Fund expressed interest in addressing current cybersecurity vulnerabilities within the DeFi space. Ms. Tuminelli noted how the cryptocurrency industry has created several cryptocurrency Information Sharing and Analysis Centers (ISACs) that specialize in addressing cybersecurity risks. She indicated that these ISACs will intervene during hacks and work to support the return of stolen funds from victims. She also mentioned how the cryptocurrency industry has worked to address consumer education and protection. She further stated that many of the risks associated with DeFi could be addressed through addressing DeFi as critical infrastructure. Moreover, Rep. Frank Lucas (R-OK) raised concerns that quantum computing could wreak havoc on DeFi systems through breaking the cryptography that serves as the basis for these systems. Peter Van Valkenburgh of Coin Center acknowledged that while quantum computing may pose security threats to DeFi systems, he also stated that quantum computing-enabled hacks would provide real time-signals to update DeFi systems. He noted how large centralized banks, financial institutions, financial services providers, and internet corporations may get hacked and fail to rapidly disclose these vulnerabilities. He stated that the openness of DeFi systems would enable vulnerabilities to be immediately patched. He also stated that the value in DeFi systems means that there exists a strong “bug bounty” to draw people to fix these vulnerabilities.
Bitcoin is the best form of money we have ever invented. No it's not. Transaction costs and speed make it obsolete for everyday transactions. It's not in the slightest even an OK form of money.
OK how do you pay off your loan then? If you sell to pay it off now you're paying 25% tax on top of the 8% no? Some of it is deductible but not 100% so at the end of the day you're still paying more than just cashing out. Unless you expect the underlying asset to go up way more than the additional cost which is not necessary the smartest cause we can't predict the future.
Calm down Rachel Maddow, and get your next dose of The View to calm you down ASAP. It's OK that someone contradicts the TV man every now and then, but try not to get angry that there isn't 100% compliance to the reddit hivemind. Just throw a bunch of ad hominem at me and get smug from the downvotes I get and the upvotes you get. That dopamine hit should satisfy you until your next opinion is given to you by John Oliver and Anderson Cooper. There, all better?
They are loyal to the cult, so they're OK with it.
You can also buy on ATH and be OK. Just make sure to also buy the dips...
What does the transaction say on the block explorer? Also why send to robinhood. You should self custody your BTC to a wallet you control the private keys for. If you don't control the private keys there is nothing preventing an exchange from taking your coins. That might be OK for small amounts but most of your stack should be under your control.
Think about this far too often. Like maybe even daily. Listen, I make OK money for my family but just a fraction of what I had to throw at btc now and if I bought and just let it go because it was just a few hundred, or even a few thousand dollars - I'd be a multi multi multi millionaire right now. Like why couldn't I have been willing to speculate just a LITTLE back then when I'm so willing to put my entire future in the bag now. Idiot.
What If "making money in crypto" is the friends we made along the way? No? Oh, OK then. I've been buying in slowly since the peak of Nov. 2021. My unrealized returns are currently -$574. We'll get there some day.
The OP really needs to look at Fundamentals. Looking at charts is one thing. But examining what controls the charts is another. Bitcoin had performed exceptionally well when interest rates were at ZERO or NEAR ZERO. A lot of all that excess liquidity moved into risk assets from Wall St. Bitcoin still performed OK during interest rates hikes and holding interest rates higher in last few years and nobody really knew what the outcome would be by keeping interest high for last year. We still have fairly high interest rates and world liquidity is starting to return but is nothing what it used to be. This is what everyone should be watching and waiting for.
I have come to realise taxing bitcoin transactions is like charging a fee to send emails. When you save bitcoin you are not taxed on it, however because of capital gains tax whenever you spend bitcoin or send it to someone else you are taxed. This means governments are taxing the utility of an open source technology. If you use the technology to make your life easier you are taxed. Technologically sending bitcoin is similar to sending an email, they are both just packets of information being sent over the internet. If your government imposed a fee to send emails would you be OK with that? If your government forced you to keep records of every email you sent and calculate the fees owed based on the number of letters you used, would you be OK with that? A government that imposes a capital gains tax every time you spend or send your bitcoin is like a government charging you a fee every time you send an email.
I have come to realise taxing bitcoin transactions is like charging a fee to send emails. When you save bitcoin you are not taxed on it, however because of capital gains tax whenever you spend bitcoin or send it to someone else you are taxed. This means governments are taxing the utility of an open source technology. If you use the technology to make your life easier you are taxed. Technologically sending bitcoin is similar to sending an email, they are both just packets of information being sent over the internet. If your government imposed a fee to send emails would you be OK with that? If your government forced you to keep records of every email you sent and calculate the fees owed based on the number of letters you used, would you be OK with that? A government that imposes a capital gains tax every time you spend or send your bitcoin is like a government charging you a fee every time you send an email.
I backed the truck up at bear market lows, I think i'll be OK not pretending to know everything mate
I bought BTC at $3200 in 2017. Told my colleague that he should look into it. He said "too late to get in now" and "it is too volatile for an investment". I am doing OK! Him, less so...
OK, I'll jump on this giveaway. Thanks!
Didn't realise that was specifically stated but OK
OK. That is not what people usually mean when they say OTC. Usually OTC is where an exchange matches buyers and sellers for large (e.g. £100K+) transactions outside of the general pool. I am not aware of anything along the lines that you describe. Depending on your exact needs, some alternatives might be: - go to your nearest bitcoin meetup and ask if anybody there is willing to exchange bitcoin for cash - a peer to peer exchange such as bisq
OK fine, it's 7% of current value. Isn't that essentially useless? We're talking a couple dollars, compared to what it's actual market value is. Context kinda matters.
OK, so basically you're saying more Groundhog Day got it
OK, sorry if I misunderstood. It's just that the thread was a "gendle reminder" about taxes, and your response was pointing out that enforcement authorities might have difficulty "catching" those who fail to report dispositions with a high standard of evidence. So I hope you understood why I might have read it that way.
OK. Keep deriding the best performing asset in history based on false premises. You're only hurting yourself. One thing I would strongly encourage: at some point in the future, as bitcoin continues to appreciate in value to your incredulity, you're going to wonder if you were wrong. Do yourself a favor and try to take an honest look at what Bitcoin *is*, divorced from your preconceived notions. Don't just double down on your sunk emotional cost.
First, your car can run without electricity. You can charge your phone in that car. People/businesses have solar/generators or other ways to keep running at least partially. In this environment, bitcoin payments won't be an issue. In case of an EMP attack, use guns to move to a location where the attack didn't happen, you're OK to use Bitcoin again. Congratulations, you were able to leave a warzone with your savings. So far, very few people were this lucky. Most people making it alive, leave everything behind and have to start over.
OK, and why does Gold value? Do you pay for your coffee with gold nuggets?
I would guess those people complaining are transacting on heavily KYC:d CEX platforms in regulated countries- with dirty money - and then complain about why AML/Source of Funds questions are being asked “But I thought it was OK with my bank to do a $1million transaction no questions asked- as long as I was just buying bitcoin”. (Actually just saw a post somewhat like that) Thinking that as long as it is crypto involved it automatically grants them any immunity from scrutiny and full entitlement to bypass any AML registration of a regulated CEX
OK. They gave zero specifics, which I guess is why nothing is happening
It shouldn't sadden you. This might sound a little flippant or dismissive, but, ... I prefer to trust in outcomes not intentions. What I mean by this is that, out of respect for people that actually use BTC (in any capacity), I don't pass judgement on how they use it. It's like any other technology or work of art. The actual intentions of the initial creator or developers don't actually matter ... and I'm perfectly OK with that. Once something is out and in "the wild" then who cares what people intended when they made a thing? As far as I am concerned something's "true purpose" is what it actually gets used for and how people actually use a d or enjoy it. It's like an artist saying his painting or his movie is supposed to evoke a certain kind of emotion or reaction, but then they get annoyed when it gets enjoyed or appreciated from a point of view that they don't intend. Maybe some days Bitcoin will get used for every day transactions by the masses. And if so great. Personally I doubt it. I think Bitcoin has found its true purpose as a commodity to be held as an investment, and someday used for large scale settlements between nations, corporations and very wealthy individuals.
2020? Hmmm, OK, can wait that long....
> The company employs a sophisticated approach by **selling put options** alongside its Bitcoin purchases Hmm, so a sudden price decline and they take a giant hit. OK. Cool.
OK then, my strategy is to throw good money after bad.
Again, anything that was entirely in the hands on day one is not decentralized. They had complete control over the supply and the protocol. That might have been OK if it had been the first coin and came in under the radar but it was by far the first. It prioritizes security over speed? This is a joke right? It's vice vera. >LN requires opening/closing channels, watchtowers, fees, routing issues, online requirements, etc. Non-issues or no longer issues. >and it also weakens Bitcoin security. Nonsense.
I watched it now. It was OK, and I don't understand the fuss, they never claimed Todd was Satoshi. They merely suggested it, and presented some reasons why he could be.
Ok. so at the current rate of say 62. a quarter being around 15K. Based on past track record for 10 yrs. 2014 it was around $600. To calculate the percentage increase from $600 to $62,000, you can use the following formula: Percentage Increase=(Initial ValueFinal Value−Initial Value)×100 Plugging in the values: Percentage Increase=(60062000−600)×100 Percentage Increase=(60061400)×100 Percentage Increase=10233.33% So, the percentage increase from $600 to $62,000 is approximately **10,233.33%**. 15K times above : To calculate 15,000 times 10,233.33%, you can convert the percentage to a decimal and then multiply: 10,233.33%=10010,233.33=102.3333 Now, multiply 15,000 by 102.3333: 15,000×102.3333=1,534,999.5 So, 15,000 times 10,233.33% is **1,534,999.5**. NOT including inflation or who knows WHAT is going on in 10 years but ... OK. So what about 5 years? 2019 BC was 10000. 2024 say 62000. That's 520% 20,000 times 520% is **104,000**. So $20,000 in 5 years looks like $104,000 So he was pretty close right that $20K not $15K over 5 years would equal $104,000. And $15000 at 10 years would equal $1,534,999.5 I guess I answered my own question. I hate when people sidehack a simple question dont provide any legitimate info and disregard it's validity.
Then, as stated above, there are precautions to take but you should be OK as long as you create the wallets yourself and don't share any of the information besides the receiving address for the particular crypto currency.
1) Bitcoin has never gone "strait \[sic\] to oblivion." And never will. Unless you buy more. Please don't buy more. 2) OK. Actually, yes. It is actually programmed into the code that whenever somebody buys BTC, the price is automatically adjusted down. 3) Please buy more.
OK so he didn't because he clearly didn't think it was important enough to have that right off the bat
that's completely fair i ran a LN node for a while when the network was just getting going. It was a cool niche thing I wanted to try out after reading the book i recommended. I had fun but I really didn't have a "need" for it similar to your situation. I was helping routing payments that would have failed. Today the LN network is so robust, the channel size and liquidity is something we never thought would get to this point and its only growing. You need some serious liquidity if you want to turn a profit and its not without risk. This may be unpopular but today running a LN node does not make a ton of sense for the average Bitcoiner. I personally think running a BTC node with a wallet connected is definitive a must. However, if you want to play around and send some sat here and there the simple solution is a app that handles it. This point is commonly met with.. then your trusting someone else. This is true however your only trusting them with a small amount similar to what you would carry in your wallet and your savings are stored in cold storage IE be your own bank. If the apps you used played stupid games you could run your own service, the threat of that IMHO will force people to behave. What your doing is fine, there is no one size fits all for the new world. Use what works for your and learn and grow. As things open up the day might come, but for most that day isnt today. If I sold things and accepted BTC I would 100% run my own LN node with backups but for what I do I just dont need to and thats OK. I take numbers on a screen with unlimited supply and turn them to numbers with a limited supply. I have various LN apps on my desktop and phone and buy BTC when ever someone sends me petty cash then LN to a cold storage address all without a LN node. The internet Democratized information and Bitcoin is doing the same with money. We are trying to build a better world for tomorrow. You supporting the network however makes sense to you is all that matters. We are winning and we just have to outlast them. Stay Humble, Stack Sats
OK it's not a "lie", but a deception, as "everyone" believes it's actually \~2% on average. ChatGPT says average 2014-2023 is \~4%. My measurements of MY goods I regularly buy are from 5 to 15% PER YEAR. In other words, I DON'T GIVE A SHIT WHAT OFFIAL NUMBERS SAY. You can make then how you want with changing basket and coefficients.
Who are you asking? Me? OK, tomorrow big pump. Trust me bro.
what am i looking at [](https://alb.reddit.com/cr?za=iqu3kCkrBRlEdIUkHMln_T3nuXjCvT-nAs5Al0X_5KXfUDhaROF9wzPEBzsFW6kb8ISWlPlCKBKQ2B0A7B_vcv34-nPewYuhfpgDuJm_pSdyvmXDGMW3Ija8aVCnOYH0PJgMRyHeLojTi43vrXWqIABfrXlXd3OMoy6VsoNWUG0o6YEnLhC96z6DxD2ozBBEVhRyPWvzb9iRn2YBa4OEU3WkGKfZSe3YlSkDn9vLVGzYNAmpoe7LN70pBRZdv2oUc7VX0ZqgKzndKTgXCQAmSTDQhnwZMBsKb1t8lICLWKwBJe2wFRSIJFmaaJiZGhQ90-MiAMcBGhpTbxTXWMryZPPUt7Fu0piMIlKBhzjb_4vrAQrEIh6fXt7dMwYZ3mBQ85B-IB_9lA1kUPcVKj-vazQUSIygIBf_mML35kk9tRb5f7d70use0gXkfDzoaw2q6tqwYc4OK-7c&zp=YZOI-7uAot-5SuRmCGufEm-frFpr4peW0NZL8JH9zwnaiXqs2atE5Km45qG3BHv6bbX37fLoM04OOoAPp7148DmYihFzKYBgRhC8cv7GZoNfkUtyGhURM_AgllgnRugjgJpexYXoc_o6_acDyMAcJdra7GJ4017aYsTpwwDsYygfkfZRZQRip5TNqEYZqgSwtM81rYWaihKDvcK88rkb71TqvbmpVx8JU17fpRJ2kutu901-1OMfHGvGVqD0oA2sRRg2UW2TrKCRxNT14fFcym7JLYSyqOkiitoxavJfy2WdaM0_rrWq39Bk29U4MTZgkStheRIv2yD3hf7h5Sq7ET6ufQeUdeQbDfhUL0i9bW93TGDnyOhUrbTedLX0sbMC4to)
That’s OK. If it jumps to 93k in seconds then it’s prone to jump to 130k next. Just buy it. It’ll be fine.
It's just hyperbole, just like the image for this thread. Bitbros like to joke. It's OK to have a laugh every now n then
OK then, what else is Mark Cuban currently wrong about?
Going to zero but it's private so it's OK.
1. I literally showed you the banks that are already partnered with ripple? [HSBC ](https://finance.yahoo.com/news/hsbc-partners-ripple-owned-metaco-053432421.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJk6pIzKnQt6rFbwvKPuub6nyZMI2pHDOz6th6dCSkDG873jtwQBFVUJGzqy71MqOfiUFIEIgDn11WjYjy7im27_pUHL-RtLNu_sivSB7OK3K619W70a8Zm23bVy6GD3hWO2tSBWHfhIXvSuckveCn3J_ltZwCmc0fx3YR5MxNPb) [Standard Charter](https://www.sc.com/technology/assets/pdf/9-15-08-2016-Standard-Chartered-completes-strategic-investment-in-Ripple.pdf) 2. You still are having trouble understanding a tech stack. This Literally benefits ripple as a super dex/liquidity provider. Its main feature. Its what it was designed for. Chainlink and Swift connects to Finastra through its joint application manager. Which simultaneously connects to Ripplenet as a source of liquidity. Theres actually mutiple pathways but we are just focusing on this one. Payments is full of pathways actually. Banking software follows the one with least friction without bias. https://www.finastra.com/press-media/ripple-bring-blockchain-technology-finastras-banking-customers https://www.finastra.com/solutions/total-messaging Swift transaction Manager(Chainlink) <--> Finastra(Ripplenet) Swift still DOES NOT DO SETTLEMENT! It does MT103 payment messages through API. This is literally how it works. https://tipalti.com/payments-hub/swift-payments/#:~:text=swift%20payments%20are%20transactions%20made,between%20banks%20using%20swift%20codes Ripplenet GETS RID OF THE NEED FOR NOSTRO VOSTRO ACCOUNTS ON THE SETTLEMENT LAYER. Its designed to completely eliminate pre funding. https://www.finastra.com/sites/default/files/file/2022-11/resource-fusion-total-messaging-simplified-swift-connectivity-financial-messaging.pdf https://www.finastra.com/sites/default/files/file/2021-12/resource-ripplenet-via-fusion-total-messaging.pdf https://docs.ripple.com/payments-direct/user-interface/tutorials/batch/bank-ids/ https://docs.ripple.com/payments-direct/ripple-payments-direct/ Ripple and Finastra source XRP to facilitate transactions over the SWIFT network without needing a direct relationship between SWIFT and Ripple. Although they could in some instances where it makes sense. Finastra is one of the world’s largest fintech companies which supports various financial messaging standards, including SWIFT’s messaging system. Finastra’s use of RippleNet enables financial institutions to use blockchain for cross-border payments. Fusion Total Messaging can handle SWIFT messages, and if linked with Ripple’s network, it can route payments with XRP through the SWIFT system via intermediaries, essentially blending the two technologies. This sidestepped the challenge of directly partnering with all 11,000+ SWIFT members individually. Essentially powering payments without disrupting SWIFT’s existing infrastructure but still gaining access to its vast network. Even though they still partnered with the biggest banks around(some mentioned above) in the backend AND front end. So yes it does benefit them, it pretty much scaled their entire cross-border payments solution by leveraging existing infrastructure. So them going full speed on their portion to open up pathways next year is bullish for xrp and chainlink.
This is what I don't get. I do know rich people borrow against assets, so I know it must work. But I just don't know how. In my head, this is the conversation in this thread: "Don't sell Bitcoin, just borrow against it" "OK, done. Now how do I repay the loan?" "Just sell some Bitcoin bruh" "But you told me not to sell Bitcoin, just borrow against it?" I'm obviously missing something.
> What scam? Look at the their listings pages. As well, Jesse Powell was a founding member of the rhymes with "nipple" board. > -Provide a source for their lie about reserves They are the source. They call it proof of reserves but it's an attestation, an audit. Proof of reserves is a set of signed inputs. there are no signed inputs, just the signed attestations of the auditor. https://www.kraken.com/proof-of-reserves Described as "An advanced cryptographic accounting procedure conducted regularly by trusted accountants" Real proof of reserves (like what river is currently doing) are specified in the original repository for the term: https://github.com/ElementsProject/reserves "For every proof-of-reserves, a Bitcoin transaction will be generated. This transaction will be invalidated so that it cannot be broadcast to the Bitcoin network. This is done by adding an input that refers to a non-existing UTXO. The remainder of the transaction consists of UTXOs owned by the proving party and a single output with the sum of the values of all the UTXOs in the inputs. The prover signs this transaction to prove that it can spend the UTXOs." See the difference? One is not proof of anything, it's a testimonial. The other is a bitcoin proof that the exchange can spend the reserves. > -Enabling....OK, so where you get your coins from? Let me guess OTC...because people dont lie or steal. I typically use bisq, bullbitcoin, bitcoinwell, or other bitcoin only and ideally non-custodial exchanges. In America I can only recommend cashapp, strike, and river as all custody their own coins even if they aren't non-custodial, are bitcoin only, and in rivers case they have an actual proof of their reserves. > -Casino - again with the rhetoric....but no proof. How is Kraken a casino, again? You never explained, just recited the mantra... They actively promote people to engage in scams for their own profit. This is evident in all the scams they list and their market materials. Do you remember when they hired dan held and he was posting shitcoin nonsense to usher people to kraken daily? look it up. Have you never received a kraken new token marketing email? They push these scams harder than the dealer on the corner slings coke. > -Assumptions? Well, you said it, not me... I am accusing you of being roundly misinformed and making egregious assumptions about me and it seems Kraken as well, yes. >-Pretending BTC is an investment...so what about all those people whos investment didnt go down as much as stocks, fiat or other "investment vehicles"....sources please. You want a source that Bitcoin is more than an investment? How about all the people like me using it as our daily and native currency? My first use cases was as a state machine for due dilligence data posting merkle tree roots as proofs to chain. You have projects liek opentimestamps, you have countries like el salvador adopting it as money, you have wallets like liana enabling complex programmable use cases like last wills and testaments and emergency recovery solutions - Bitcoin is more than an investment. People seeing only an investment are typically the most amateur users. > -Who said investors are blind to Bitcoins other valuable properties....in fact thast WHY THEY INVESTED. BECAUSE IT HAS VALUE. I did. If they weren't blind they'd run a node. Do you run a node? It's the only way to remain secure in your transactions. You can tell very obviously from the public [node count](https://luke.dashjr.org/programs/bitcoin/files/charts/historical.html) that most investors do not participate in the bitcoin protocol or verifying at all. >Id love to debate you all day on reddit but this is sufficient to show you the ignorance of your argument. You can take the win if you need. I'd love to debate you all day on reddit, but this is sufficient to show you the EXTREME IGNORANCE of your commentary and position. **STOP PROMOTING AND SUPPORTING SHITCOIN CASINOS**
-What scam? -Provide a source for their lie about reserves -Sounds like an emotional argument -Enabling....OK, so where you get your coins from? Let me guess OTC...because people dont lie or steal. -Casino - again with the rhetoric....but no proof. How is Kraken a casino, again? You never explained, just recited the mantra... -Objective - so ....the source? I mean ...sources...since its so obvious. -Assumptions? Well, you said it, not me... -You have to run a node to buy Bitcoin and not get ripped off? -Pretending BTC is an investment...so what about all those people whos investment didnt go down as much as stocks, fiat or other "investment vehicles"....sources please. Maybe all these financial institutions are retards thinking their billions are safe in BTC. Nailed it, bro...big brain move. Your so much smarter than every financial institution in the game. Maybe you should work for Blackrock and you woldnt need to shitpost on Reddit for a living. -Who said investors are blind to Bitcoins other valuable properties....in fact thast WHY THEY INVESTED. BECAUSE IT HAS VALUE. Id love to debate you all day on reddit but this is sufficient to show you the ignorance of your argument. You can take the win if you need.
I mean I dont know why your laughing. Its true Here are the speakers https://www.sibos.com/conference/hub/articles/sibos-2024-beijing-opening-keynote-speakers-revealed https://www.swift.com/news-events/events/sibos/programme Here are a couple of the banks and there partnerships. There are more, but you should know this since your so up to date. [HSBC ](https://finance.yahoo.com/news/hsbc-partners-ripple-owned-metaco-053432421.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJk6pIzKnQt6rFbwvKPuub6nyZMI2pHDOz6th6dCSkDG873jtwQBFVUJGzqy71MqOfiUFIEIgDn11WjYjy7im27_pUHL-RtLNu_sivSB7OK3K619W70a8Zm23bVy6GD3hWO2tSBWHfhIXvSuckveCn3J_ltZwCmc0fx3YR5MxNPb) [Standard Charter](https://www.sc.com/technology/assets/pdf/9-15-08-2016-Standard-Chartered-completes-strategic-investment-in-Ripple.pdf) I mean even BNY Melon had there head of digital assets go work with ripple.
OK, than you, makes sense! :)
15 green days in a row then only two red days after? OK
Folks have to take away their emotions and look at this globally. US is on edge due to powell and fed interest rates. He kept it neutral, which people don't like. The job report came out, which looked OK. Strike at the ports on the east coast. Iran and Israel tensions, no good. Japan market and china market. Once things calm down, it should go up. Then again, I am just a redditor.
Exactly. CZ is an industry pioneer. Finance platform was impossible to implement without breaking laws. Not possible - OK? Tremendous respect for CZ. Greed is not a big motivating factor for him, you can tell. Where is the jail for fed officials that keep running the USD ponzi? Plus all the handouts and ongoing gov frauds. Everyone should be thanking CZ
OK, that's easy, HODL and add some traditional investments for peace of mind.
OK, 7 figures. And a 2 year vacation. Not bad for pilfering billions.
OK, he's sold. NOW PUMP IT. 🤣 Nah, congrats tho.
Adderall is a amphetamine you idiot, so are almost all ADD/ADHD medications. The fact that parents pop this shit into their kids and society thinks it is OK, and you are so stupid, is shocking.
Well have a beautiful day regardless. Um I'd say so but obviously one speculates good soul. How these things came into creation real madness. OK bitcoin and other ones that even stand a chance of purpose and possibly as a commodity (BTC itself yes). But your wise...clearly something is a miss when again without picking on the coin above £180 MILLION like madness.... Not £18000 on a Dodgy speculative investment.. it's a lot of money just waiting to fall. 🙏 On a non functioning currency...180 million.... And that's just ONE meme coin.... Have a peaceful evening.
" There is no winning this game, just surviving" - Remind yourself that everyday, and you'll be OK lol
Nuke 'em. Who needs Russians or Chinese? They have no right to monetary assets or liquidity! OK. Or, just wait patiently until they lay down and die. F'ing people like you.
OK I’ll message you there have you tried the direct message of the bot to activate?
Hey, it sounds like your tokens are locked in an LP NFT - if you're OK sharing your TX hash, I'll see if I can reach out to the Kaia Swap to get your issue expedited. You can DM your TX Hash if you like.
How is this relevant? OK, I can play this game too: G_ab = 8π T_ab.
I have large canceled orders at 10, 200, 1000, 10000, 30000 ...etc Would have been close to a billionaire today. It's OK. Life goes on. At least are no missiles raining down on you and destroying your entire family and life.
OK. Well, we have answered your question about whether Bitcoin gets lost on the Bitcoin blockchain and given you advice how to follow up with people who claimed not to receive it. It appears I can't help you anymore, so good luck. Perhaps police, a lawyer ... nothing more we can do.
So you're telling me that you can't see how ETH is constantly losing value against BTC? OK... Well keep investing in your garbage and lose money then.
Bitcoin 100k in 2021! OK, 2022? For real 2023! Def 2024 We get there sooner or later
There is not a direct 1:1 relationship between purchasing power of a currency and the amount of that currency outstanding, but there is a relationship. I'm not an economist but it seems as long as productivity is increasing greater than debasement everybody end up OK. I'm sure somebody will set me straight.
Neither of them are worthy of presidency. RE: plug incident: this shows that she has not yet caught up to technology existent now for over a century. OK. It's like not being able to use a key to open a door. It betrays ignorance on her part, that would render her completely hopeless if even slightly challenged. If she can't figure this out, how is she going to deal with the very complex issues of state that require a person to think on their feet effectively. She is nothing more than a puppet on strings. A token black woman wanna be nothing, with vaguely adequate social skills. Spineless.
The moon is in the second house and Jupiter is aligned with Mars. Peace and love will guide the planets and Bitcoin will go to the stars. This is the dawning of the age of Bitcoin. OK, so it doesn't rhyme.
??? OK, .... Don't forget to pull the ripcord. c ya!
OK fair it's an easy quick way to get those too. Though of those nutrients K2 is the only one that requires any real thought to replace with a vegan diet.
OK Ill bite. How would hospital bills increase?
He's OK. His demographic work is pretty good but he allows his political bias to color his other work. He did predict Russia would invade Ukraine about seven years early and he predicted it damn near to the day.
I've read it several times. It's OK. The history part is pretty interesting but he leaves out the most important fact and that is demographics. A nation's demographics have more of an impact on its trajectory than any other factor. Dalio conveniently leaves this out of the book because he's a simp for the Chinese communist party and he needs capital to flow into his DOA Chinese investments to keep his fund relevant. China has some of the worst demographics on the planet and nothing they can do will prevent their eventual economic and social collapse - it is inevitable. Every single thing Ray Dalio says is full of confirmation bias. Meanwhile his hedge fund has been producing diminishing returns for years now. The classic 60/40 buy & hold portfolio has outperformed Bridgewater by a factor of nearly 2:1 over the last decade. I wouldn't take anything he says all that seriously. JMO.
OK then. What makes a wallet, a cold wallet, and what makes a hot wallet, a hot wallet?
When in 2 years - something comes up and you can’t pay that loan back.. you’re gonna be in a world of hurt with long lasting repercussions. The ones down voting me are the ones that believe cash is going away like in four years. Yeah OK.
Someone suggesting it's not a good idea to be a one issue voter is suspect? OK than... It's the comment itself you should be evaluating. I can care less about Moons and usually comment on r/bitcoin so my bad.
OK, can someone explain covered calls / options to me like I'm 5? Imagine I have a huge position on IBIT. How do I use it to generate yield with options?
wait what "my pastor DOES it,but he told me God does not approve of it." YEAH OK 👌
OK so if you look at that Id on the blockchain and the status is Confirmed, this means that the receiving address has it
Selling 0.5 sounds OK to me but, relying on BTC going up to keep up future expenses don’t.